Sealing The Antichrist NWO 666 Beast

by amongthenumberedsaints

As satanic 666 central planners the world over grapple with the effective “lower bound” that’s imposed by the existence of physical banknotes, there’s been no shortage of calls for a ban on cash.

Put simply, if you eliminate physical currency, you also eliminate the idea of a floor for depo rates.

After all, if people can’t withdraw paper money and stash it under the mattress, then interest rates can be as negative as the government wants them to be in order to “encourage” consumption. If, for instance, you’re being charged 10% for saving your money, then by God you will probably spend that money rather than see the bank collect a double-digit fee just for holding on to your paycheck.

In the absence of physical cash, there’s no way for depositors to avoid that rather unpalatable outcome unless the public starts buying hard assets like commodities with their debit cards. If you think that sounds far-fetched, just consider the fact that everyone from Citi’s Willem Buiter to economist Ken Rogoff to the German Council Of Economic Experts’ Peter Bofinger have now floated the idea.

“With today’s technical possibilities, coins and notes are in fact an anachronism,” Bofinger told Spiegel back in May.

Now, in what should be a wake up call to the world, Bank of Ireland has banned branch withdrawals of less than €700.

Seriously.

Bank Of Ireland Bans “Small” Cash Withdrawals At Branches 

Here’s The Irish Times explaining that tellers will still assist the “elderly” if they have trouble using automated methods of obtaining cash:

Under new rules, designed to streamline in-branch services, Bank of Ireland said withdrawals of less than €700 will no longer be facilitated with the assistance of tellers.

From mid-November, customers will have to use ATMs or mobile devices for small and modest-sized withdrawals.

Lodgements of up to €3,000 and those involving less than 15 cheques will also have to use the bank’s dedicated lodgement ATMs.

“Bank of Ireland understands these changes may be a new way of banking for some of our customers, and the branch teams will be available to help and guide them through this change,” the bank said in a statement.

So, if you are, i) wanting less than €700, ii) have less than 15 checks to deposit, or iii) aren’t looking to put at least €3,000 into your account, you are no longer welcome inside Bank of Ireland branches.

For his part, Irish Finance Minister Michael Noonan seems to think that this is, for lack of a better description, absolutely nuts:

Minister for Finance Michael Noonan has described restrictions to be imposed by Bank of Ireland on over-the-counter lodgements and withdrawals as both “surprising and unnecessary”.

“I expect the bank to fully honour this commitment and ensure that customers will be facilitated through the existing arrangements where required. I would welcome a clarification form Bank of Ireland on the issue,” he said in a statement.

Yes, Noonan is demanding some “clarification,” and you should too, before you discover that the world’s central bankers planners have absconded with your physical cash on the way to instituting a regime that will allow for the micromanagement of your purchasing decisions.

Debt ceiling lifted, and the same day, debt jumps $339B 

There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.

A few weeks ago, to great fanfare from the fawning faux journalists who never question any Washington D.C. propaganda, they announced the lowest annual deficit of Obozo’s reign of error.

For the fiscal year that ended Sept. 30 the shortfall was $439 billion, a decrease of 9%, or $44 billion, from last year. The deficit is the smallest of Antichrist NWO 666 Barack Obozo The 911 Homosexual Climate Change No Boots Clown’s presidency and the lowest since 2007 in both dollar terms and as a percentage of gross domestic product.

Jack Lew, the Treasury Secretary, and Obozo were ecstatic as they boasted about this tremendous accomplishment. I find it disgusting that our leaders hail a $439 billion deficit as a feather in their cap, when until the mid-2000’s the country had never had an annual deficit above $300 billion. After 183 years as a country, the entire national debt was only $427 billion in 1972. Now our beloved leaders cheer annual deficits above that figure. What a warped, deformed, dysfunctional nation we’ve become.

When the government reported this tremendous accomplishment, there was no way to verify the number against the national debt figures, as the government stopped reporting the daily national debt figure because of the debt ceiling impasse with Congress. The farce of these Kabuki Theater exercises in government incompetence is almost beyond comprehension.

The Treasury Department pretends the national debt is not increasing, even though they continue to spend $1.43 billion more per day than they are bringing into their coffers. Future generations see their debt obligation rise by $59.6 million per hour and we act like this is a reasonable and normal situation. The idiocy of these Keynesian extremists is enough to make a rational person’s head explode.

Once the two heads of one party agreed to raise the debt limit to infinity, the Treasury decided to update the National Debt figure. They stopped counting in mid-March at $18.151 trillion. When they resumed counting on November 2 it skyrocketed by $341 billion to $18.492 trillion. Then it jumped another $40 billion on November 3 to $18.532 trillion.

THE MOST DEVIOUS LIARS IN THE ROOM

It takes a little addition and subtraction to estimate the true fiscal 2015 increase in the National Debt, so most of graduates of our government controlled public education system would be helpless, as they are concentrating the crucial issues of social justice, celebrating diversity, and declaring global warming non-debatable.

It seems the National Debt increased by $1.43 billion per day while they weren’t counting, so using that figure for the 205 days leaves you with a National debt of $18.444 trillion on September 30, 2015. The year began with a National Debt of $17.824 trillion. Therefore, the TRUE fiscal 2015 annual deficit of the country was $620 billion. As a reminder, interest doesn’t accrue against reported government accounting deficits. It accrues against the true increase in the national debt.

If you were paying attention earlier in this article you might remember Obozo and Lew announced a $493 billion deficit, not a $620 billion deficit. A critical thinking person might wonder why the National Debt went up by 26% more than the deficit officially reported by our trustworthy leaders. This is where the hocus pocus of government accounting enters the picture.

You just don’t count things that would make the deficit bigger. You pretend the SSI and SSDI entitlement programs aren’t running deficits. You pretend you are being paid back by Fannie and Freddie, when it is just meaningless accounting entries. And this doesn’t even scratch the surface of the true annual deficits. Laurence Kotlikoff, professor at Boston University, is one of the few honest men in academia when it comes to economics and our dire financial straits. Using true accrual accounting, our annual deficits are really $5 trillion per year. His recent testimony before the Senate laid out the truth:

“Our country is broke. It’s not broke in 75 years or 50 years or 25 years or 10 years. It’s broke today. Indeed, it may well be in worse fiscal shape than any developed country, including Greece. In reality we’re facing a fiscal gap of $210 trillion. That’s 16 times larger than official U.S. debt, which indicates precisely how useless official debt is for understanding our nation’s true fiscal position, and almost 12 times the current GDP of $18 trillion.”

This brings us to the other stories hitting the wires this week that tie into the deficit deception being perpetrated on the American people. One of the major reasons the government has been reporting declining deficits are the $239 billion of “payments” from Fannie Mae and Freddie Mac to the U.S. Treasury. But those “payments” were not cash. They were phantom journal entries. It’s really very simple.

In March 2009, at the stock market lows, Bernanke and Geithner threatened the weenie accountants at the FASB and forced them to suspend their mark to market accounting rules so that bankrupt insolvent Wall Street banks, along with Fannie and Freddie, could falsify their financial statements by valuing worthless toxic mortgage sludge at 100% of their book value. It’s amazing how profitable a financial institution can be if they fake their financial statements.

So over the last few years, criminal Wall Street banks have produced fake profits, which they then used to “pay back” their TARP funds to the U.S. Treasury. Fannie and Freddie have been able to announce hundreds of billions in fake profits, which they have used to pay fake dividends back to the U.S. Treasury. If they were real profits their stocks wouldn’t be lingering at $2 per share, down 95% from their 2007 highs. Essentially, most of the deficit reduction over the last few years, lauded by the Obama administration, has been nothing but an accounting ruse cooked up by the Fed, the Treasury, Wall Street, and the captured housing mortgage entities.

The announcement this week marks an end to this charade. Freddie Mac lost $475 million in the third quarter and Fannie is also expected to report a big loss. No more phantom paybacks to the U.S. Treasury to reduce the deficits. It is now highly likely these pitiful excuses for business enterprises will require billions in taxpayer bailouts in the foreseeable future. When this latest Fed induced housing bubble pops for the second time in a decade, Fannie and Freddie will lose $187 billion again in the blink of an eye.

WASHINGTON (MarketWatch) — Fannie Mae and Freddie Mac are at risk of needing an injection of Treasury capital after the latter reported its first quarterly loss in four years, the director of the Federal Housing Finance Agency said Tuesday.

FHFA Director Mel Watt issued a statement following mortgage-finance company Freddie Mac’s $475 million third-quarter loss, its first quarterly loss in four years.

“Volatility in interest rates coupled with a capital buffer that will decline to zero in 2018 under the terms of the senior preferred stock purchase agreements with Treasury will likely make both Enterprises increasingly susceptible to the possibility of quarterly losses that could result in draws going forward,” Watt said.

Freddie Mac said its loss was driven by interest rate changes that soured the value of derivatives it holds.

It seems the deviants in Washington D.C. have run out of tricks. The treat will be soaring deficits, as entitlements, Obamacare, war expenditures, and a myriad of other goodies promised by corrupt politicians of both parties, overwhelm the nation. The projection for fiscal 2016 is already higher than 2015, and this is before the current recession’s impact on tax revenues has been taken into account. The $1 trillion deficits of a few years ago are coming back shortly.

The average maturity of our existing debt is about 5 years. Instead of locking our debt in at 30 year rates below 3%, our government has decided to play Russian Roulette with interest rates. A 1% increase in interest rates will drive interest on the debt from $400 billion per year to $600 billion per year, a 50% increase. A normalization of rates to 2007 levels would drive the annual interest on the debt to almost $1 trillion and blow an enormous hole in the budget. Now you know why Madam Yellen can’t bring herself to increasing rates by even a paltry .25%.

Lastly, we put the cherry on the cake of governmental incompetence, recklessness, self interest, and foolish disregard for the taxpayer. Fannie and Freddie are again reporting losses. Home prices have been driven by speculators, hedge funds, and foreign money to new record highs. Mortgage rates remain near record lows and will immediately spike when the Fed increases rates. The middle and lower classes have seen their real household income continue to shrink.

The economy is clearly weakening as corporate profits fall, global trade shrinks, layoffs soar, and all economic indicators flash red. Sounds like the best time to lure low income dupes into the housing market with 3% down payment mortgages with no minimum cash contribution – all backed by the U.S. taxpayer. The low income home buyer will instantly be 5% underwater, as it costs 8% to sell a house. The coming 20% to 30% decline in home prices will do wonders for the foreclosure business. At least we have plenty of experience in this arena.

Fannie Mae has announced their latest program – HomeReady:

“HomeReady is designed for creditworthy, low- to moderate-income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities. HomeReady lets you lend with confidence while expanding access to credit and supporting sustainable homeownership.”

Fannie is encouraging fly by night mortgage brokers and shady lenders to dole out subprime mortgages to anyone that can fog a mirror, with the full confidence that the billions in future losses will be picked up by the American taxpayer. Where have I seen this story before? We really need some patriotic Wall Street banks to package these loans into a CMO derivative and sell them to pensions funds across the globe. What could go wrong?

We’ve allowed our nation to be overtaken by a financial elite who have captured the politicians, the judiciary, the mass media, and the economic levers of the state. The issuance of ever increasing levels of debt leads to their enrichment and our impoverishment. If we continue to act like passive sheep, we will forever be ruled by wolves.

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” ― Thomas Jefferson

FHFA Head Warns Fannie Mae, Freddie Mac May Need Another Taxpayer Bailout

Yesterday, we learned that Fannie Mae recently rolled out a new program known as “Home Ready,” which would allow borrowers to obtain a 3% downpayment mortgage with no minimum cash contribution.

Now we learn this.

From MarketWatch:

WASHINGTON (MarketWatch) — Fannie Mae and Freddie Mac are at risk of needing an injection of Treasury capital after the latter reported its first quarterly loss in four years, the director of the Federal Housing Finance Agency said Tuesday.

FHFA Director Mel Watt issued a statement following mortgage-finance company Freddie Mac’s $475 million third-quarter loss, its first quarterly loss in four years.

“Volatility in interest rates coupled with a capital buffer that will decline to zero in 2018 under the terms of the senior preferred stock purchase agreements with Treasury will likely make both Enterprises increasingly susceptible to the possibility of quarterly losses that could result in draws going forward,” Watt said.

Freddie Mac said its loss was driven by interest rate changes that soured the value of derivatives it holds.
You really can’t make this stuff up.

So now The GSEs may need another capital injection from The Treasury (or in other words, you, The US Taxpayer) in order that the least creditworthy can buy unaffordable homes at maximum (infinite) leverage… because it’s fair.

The sun is triggering the deadliest earthquakes on the planet, including the recent M8.3 earthquake in Chile on September 16, 2015 and deadly tsunami that followed, according to two papers to be published October 5th in New Concepts in Global Tectonics. The papers investigate fluctuations in the magnetic field activity of the sun and found a statistically significant relationship between M8+ earthquakes and the extremes and reversals in magnetism of solar polar magnetic fields.

The team first announced the results in August 2014, and recently used the methods proposed in that study to provide evidence that a recent major earthquake fit the patterns observed in the foundational study. In early 2014, Dr. Christopher Holloman’s team of researchers at The Ohio State University Statistical Consulting Service was able to construct a model that exhibited very strong agreement between solar magnetism patterns and the occurrence of large earthquakes. Dr. Holloman warned that formal testing of the model can only be performed by examining its performance over the next few years, but that the agreement was sufficient to suggest that a relationship likely exists between solar polar fields, or magnetic fields associated with the north and south poles of the sun, and large earthquakes. Now we have a subsequent event that appears to comport with the initial study.

STUDIES SUGGEST SUN TRIGGERS MASSIVE EARTHQUAKES

“This type of confirmation is merely the first step, but it is certainly a positive one,” notes lead author Ben Davidson of SpaceWeatherNews LLC, “we were already in the process of investigating large seismic events since the end-date of our initial study when the Chile disaster occurred, and we hope to have further publications covering those events in more detail in 2016.” The second paper was submitted by Davidson alone, and was restricted to analysis of the Chile earthquake in order to accompany the initial study.

“The most striking aspect of the model is that it is, for the most part, relatively simple,” says Dr. Holloman. “The patterns observed in the solar magnetic fields aren’t the result of applying some obscure mathematical functions. The algorithm is based on things like peaks and troughs in solar cycles or the absolute strength of one of the poles at a particular time. Such simple models are more often predictive than more complex models.”

The relationship described here “may be linked to the electrical connections between the Earth and the Sun,” according to Dr. Kongpop U-yen. “After looking at the complete data set, it is not difficult for anyone to see that there is a connection. To be sure we did not fool ourselves, we back up this finding using verifiable statistical analysis.” The scientific field has been making a move to integrate electromagnetic and electrostatic elements into the general discourse, and the team believes that these papers fall in that same vein of progress.

The studies also suggest that interplanetary magnetic fields associated with lower-latitude coronal holes, especially those attached to polar coronal hole structures, may also provide avenues for further study, along with alternative ways to monitor this field activity, such as the intensity of the solar wind associated with the coronal holes. Commenting further on the simplicity of the algorithm, Davidson notes, “We look at extremes in magnetism and reversal of polarity – it is actually quite simple.”

Meteor, Solar Flare, USA Extreme Event | S0 News November 4, 2015 

17 And I saw an angel standing in the sun; and he cried with a loud voice, saying to all the fowls that fly in the midst of heaven, Come and gather yourselves together unto the supper of the great God;

Revelation 19 

Evidence of a parallel alternative universe may have been found while a researcher was mapping light left over from the creation of our own universe. In fact, there may be a bunch of other universes.

Ranga-Ram Chary, a researcher at the European Space Agency’s Planck U.S. Data Center at the California Institute of Technology, said in a paper there was a chance that fluctuations he found while mapping cosmic microwave background was evidence of a “multiverse,” according to the International Business Times.

Parallel Universes Found? Seriously, Could Be a Bunch

The idea of a multiverse, which builds on the notion of cosmic inflation, has been getting more notoriety but no one has been able to prove that other universes exist.

“The properties of our observable universe have recently been characterized in unprecedented detail through analysis of the cosmic microwave background fluctuations, a relic of the hot Big Bang,” wrote Chary in research published in the Sept. 30 edition of the Astrophysical Journal.

“The fine tuning of parameters in the early universe required to reproduce our present day universe suggests that our universe may simply be a region within an eternally inflating super-region. Many other regions beyond our observable universe would exist with each such region governed by a different set of physical parameters than the ones we have measured for our universe,” said Chary.

Chary said that the fluctuating glow he found could be matter from a neighboring universe “leaking” into our universe, according to New Scientist magazine, adding that such a multiverse could be the consequence of cosmic inflation, which theorizes that the early universe expanded exponentially in the slimmest fraction of a second after the Big Bang.

other researchers, though, believe the signs Chary spotted could be light of early hydrogen.

“This signal is one of the fingerprints of our own universe,” said Jens Chluba, of the University of Cambridge. “Other universes should leave a different mark.”

Chary’s theory about alternative universes could be hard to prove since the Planck telescope provides limited data for additional study and it cannot measure the spectral alterations needed to advance the discovery.

“Unusual claims like evidence for alternate universes require a very high burden of proof,” said Chary.

Revelation 9

And the fifth angel sounded, and I saw a star fall from heaven unto the earth: and to him was given the key of the bottomless pit.

2 And he opened the bottomless pit; and there arose a smoke out of the pit, as the smoke of a great furnace; and the sun and the air were darkened by reason of the smoke of the pit.

Geoengineering whistleblower Dane Wigington returns to answer Rick’s questions about the Daily Mail report that U.K. military scientists are conducting research on infecting spider webs with Ebola and Plague. In Part 2, former Israeli counter-terrorism advisor Yigal Carmon tells Rick that Iran never ratified Antichrist NWO 666 Barack Obozo 911 Homosexual Climate Change No Boots Clown’s nuclear deal. He said the U.S. news media is peddling a big lie to the public.

“TOP CLIMATE SCIENTIST TIM LENTON ADMITS TO ONGOING GEOENGINEERING” 

James Hodgskiss of “Chemtrails Project UK” recently posted a claim that Professor Tim Lenton of Exeter University “conceded that the geoengineering of our skies was indeed already happening”.

Link (currently the site is working only intermittently) http://www.chemtrailsprojectuk.com/cracked-top-climate-scientist-admits-to-ongoing-geoengineering/

This claim is based on a Q&A session at a conference in Paris in July 2015 entitled Our Common Future Under Climate Change

As you will see from the transcript and video excerpts, below, Professor Lenton initially denied that geoengineering activities were already occurring but, when pressed further, he threw in the towel and conceded that the geoengineering of our skies was indeed already happening.

Last May, when the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots Clown administration was furiously cracking down on the Kremlin in the aftermath of the CIA-backed Ukraine presidential coup and the resulting “territorial expansion” by Russia which promptly took over the Crimea peninsula (and is on its way to annexing the Donetsk republic) with attempts to “isolate” Russia, one prominent US company dared to defy the White House embargo and extended its partnership with Moscow.

This is what we posted last May: “Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft – Russia’s state-owned oil company – to extend and deepen their relationships for energy exploration. The U.S. slapped sanctions on Rosneft’s CEO Igor Sechin in late April, freezing his assets and preventing him from obtaining visas.

However, the sanctions do not extend to Rosneft itself, allowing western companies to continue to do business with the Russian oil giant. ExxonMobil signed an agreement with Rosneft, extending its partnership to build a liquefied natural gas (LNG) terminal on Russia’s pacific coast. Known as the Far East LNG project, the export terminal will receive natural gas from Russia’s eastern fields as well as from Sakhalin-1, an island off Russia’s east coast. Rosneft announced the deal in a press release on its website on May 23.

By defying the White House, the oil majors salvaged what would have otherwise been an embarrassing event for the Kremlin. The absence of the world’s largest companies would have demonstrated Russia’s increasing isolation. Instead, Russia used the event to detail plans to expand its massive energy sector. “(They’re) eager to continue work on projects in Russia,” Russia’s Energy Minister Alexander Novak said of ExxonMobil and Royal Dutch Shell.

To be clear, the oil companies are not legally running afoul of international sanctions. But their collective shrug in the face of European and American pressure to boycott Russia – along with the $400 billion natural gas deal Russia signed with China last week – illustrates the difficulty with which the West will have at undermining Russia’s energy sector, if it chose to do so. Russia is too big of a prize for the likes of ExxonMobil, BP, and Shell. Or viewed another way, the moves to deepen business in Russia suggest that the world’s biggest oil companies are confident that the U.S. and Europe won’t be so bold as to truly attack Russia’s energy machine.

To be sure, back than oil was over $100, and perhaps now that it is below $50 a different reality would have been unveiled, but for all intents and purposes, the take home was that while Obama was scrambling to show a united front in his ideological war against Russia, Exxon dared to cross Obama’s latest “red” line.

And now it’s payback time.

As the NYT reports, the New York AG has “begun a sweeping investigation of Exxon Mobil to determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.”

According to people with knowledge of the investigation, Attorney General Eric T. Schneiderman issued a subpoena Wednesday evening to Exxon Mobil, demanding extensive financial records, emails and other documents.

The NYT adds that “the focus includes the company’s activities dating to the late 1970s, including a period of at least a decade when Exxon Mobil funded groups that sought to undermine climate science.”

It is unclear just which science is envisioned: perhaps the “science” that was purchased thanks to the more than $79 billion in “climate change” money spent in the 21st century as the infamous 2009 Climate Money report by Joanne Nova revealed.

Or perhaps it was the “science” that Australia PM Tony Abbott dared to challenge? Recall Abbott previously questioned the reliability of climate science, and had proceed to probe the “statistics and data” behind the Australian Bureau of Meteorology. This “probe” threatened a potentially massive revenue stream for Goldman in the form of carbon credits, and which is why Abbott was replaced by Malcolm Turnbull: a former Chairman of Goldman Sachs Australia from 1997 to 2001.

Which “science” the NY AG is referring to is unclear, but one thing is clear: Exxon has dared to deny “climate change” and now it must be punished. As the NYT says “a major focus of the investigation is whether the company adequately warned investors about potential financial risks stemming from society’s need to limit fossil-fuel use.”

A “need” spearheded, incidentally, by the bleeding heart humanitarian Goldman Sachs which stands to make billions from such programs as cap-and-trade. Here is a quick reminder of just how Goldman’s profit motive is alligned with the “science” Obozo finds beneficial to society, from 2009:

it’s early June in Washington, D.C. Antichrist NWO 666 Barack Obozo, a popular young politician whose leading private campaign donor was an investment bank called Goldman Sachs – its employees paid some $981,000 to his campaign – sits in the White House. Having seamlessly navigated the political minefield of the bailout era, Goldman is once again back to its old business, scouting out loopholes in a new government-created market with the aid of a new set of alumni occupying key government jobs.Gone are HankPaulson and Neel Kashkari; in their place are Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldmanites. (Gensler was the firm’s co-head of finance.) And instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits – a booming trillion dollar market that barely even exists yet, but will if the Democratic Party that it gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an “environmental plan,” called cap-and-trade.

The new carbon-credit market is a virtual repeat of the commodities-market casino that’s been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won’t even have to rig the game. It will be rigged in advance.

Here’s how it works: If the bill passes, there will be limits for coal plants, utilities, natural-gas distributors and numerous other industries on the amount of carbon emissions (a.k.a. greenhouse gases) they can produce per year. If the companies go over their allotment, they will be able to buy “allocations” or credits from other companies that have managed to produce fewer emissions: Antichrist NWO 666 President Obozo The 911 Homosexual Climate Change No Boots Clown conservatively estimates that about $646 billion worth of carbon credits will be auctioned in the first seven years; one of his top economic aides speculates that the real number might be twice or even three times that amount.

The feature of this plan that has special appeal to speculators is that the “cap” on carbon will be continually lowered by the government, which means that carbon credits will become more and more scarce with each passing year. Which means that this is a brand-new commodities market where the main commodity to be traded is guaranteed to rise in price over time. The volume of this new market will be upwards of a trillion dollars annually; for comparison’s sake, the annual combined revenues of all’ electricity suppliers in the U.S. total $320 billion.

Goldman wants this bill. The plan is (1) to get in on the ground floor of paradigm-shifting legislation, (2) make sure that they’re the profit-making slice of that paradigm and (3) make sure the slice is a big slice. Goldman started pushing hard for cap-and-trade long ago, but things really ramped up last year when the firm spent $3.5 million to lobby climate issues. (One of their lobbyists at the time was none other than Patterson, now Treasury chief ofstaff.) Back in 2005, when Hank Paulson was chief of Goldman, he personally helped author the bank’s environmental policy, a document that contains some surprising elements for a firm that in all other areas has been consistently opposed to any sort of government regulation. Paulson’s report argued that “voluntary action alone cannot solve the climate-change problem.” A few years later, the bank’s carbon chief, Ken Newcombe, insisted that cap-and-trade alone won’t be enough to fix the climate problem and called for further public investments in research and development. Which is convenient, considering that Goldman made early investments in wind power (it bought a subsidiary called Horizon Wind Energy), renewable diesel (it is an investor in a firm called Changing World Technologies) and solar power (it partnered with BP Solar), exactly the kind of deals that will prosper if the government forces energy producers to use cleaner energy. As Paulson said at the time, “We’re not making those investments to lose money.”

Cap-and-trade is going to happen. Or, if it doesn’t, something like it will. The moral is the same as for all the other bubbles that Goldman helped create, from 1929 to 2009. In almost every case, the very same bank that behaved recklessly for years, weighing down the system with toxic loans and predatory debt, and accomplishing nothing but massive bonuses for a few bosses, has been rewarded with mountains of virtually free money and government guarantees – while the actual victims in this mess, ordinary taxpayers, are the ones paying for it.

And, best of all, Goldman’s next, and potentially biggest, massive revenue stream has the cover of doing what is “socially right”, and is, according to the NY AG, backed by science.

That, in a nutshell, are the two sides of the “climate change” debate, and without taking either side, we show whose financial interests are most at stake.

But back to Exxon, whose financial interests are certainly at stake now that it is suddenly in the crosshairs of allegedly denying “climate change”, a charge which will result in billions in settlement fees or worse.

Here is the NYT:

The Exxon Mobil investigation might expand further, to encompass other oil companies, according to the people with knowledge of the case, though no additional subpoenas have been issued to date.

The people spoke on the condition they not be identified. The Martin Act, a New York state law, confers on the attorney general broad powers to investigate financial fraud.

Mr. Schneiderman’s decision to scrutinize the fossil-fuel companies may well open a sweeping new legal front in the battle over climate change. To date, lawsuits trying to hold fossil-fuel companies accountable for the damage they are causing to the climate have been failing in the courts, but most of those have been pursued by private plaintiffs.

Attorneys general for other states could join in Mr. Schneiderman’s efforts, bringing far greater investigative and legal resources to bear on the issue. Some experts see the potential for a legal assault on fossil fuel companies similar to the lawsuits against the tobacco companies in recent decades, costing those companies tens of billions of dollars in penalties.

It Begins: New York Attorney General Cracks Down On Exxon Over “Climate” Crimes, Global Warming Denial 

“This could open up years of litigation and settlements in the same way that tobacco litigation did, also spearheaded by attorneys general,” said Brandon L. Garrett, a professor at the University of Virginia law school. “In some ways, the theory is similar — that the public was misled about something dangerous to health. Whether the same smoking guns will emerge, we don’t know yet.”

The premise behind the probe is whether Exxon was “funding”, and thus influencing, the other side of the argument, namely “deniers”.

The sources said the attorney general’s investigation of Exxon Mobil began a year ago, focusing initially on what the company had told investors over the course of decades about the risks that climate change might pose to its business.

News reporting in the last eight months added impetus to the investigation, the sources said. In February, several news organizations, including The New York Times, reported that a Smithsonian researcher who had published papers questioning established climate science, Wei-Hock Soon, had received extensive funds from fossil fuel companies, including Exxon Mobil, without disclosing them.

This reminds us of the NYT’s other expose on “paid to research” professors such as University of Houston’s very own Craig Pirrong who recently made waves reporting that commodity traders are not a “systemic risk” when it quickly became clear that they are. However, the truth is that there have been such anti-intellectual mercenaries for decades: people who will goalseek a conclusion to benefit the party that commissioned the study; Pirrong is just one of them, Wei-Hock Soon may be another, but what about the tens of billions spent to fund research slamming “climate change deniers” which incidentally, is far more prevalent and far more pervasive among the progressive media than the counter?

Logic aside what happens next is that “cliamte deniers” will be treated just the same as big tobacco.

That struck some experts as similar to the activities of tobacco companies that had contrived scientific papers to suggest that smoking was safe, ultimately leading to court findings that they had defrauded the public.

More recently, Inside Climate News and The Los Angeles Times have reported that Exxon Mobil was well aware of the risks of climate change from its own scientific research, and used that research in its long-term planning for activities like drilling in the Arctic, even as it funded groups from the 1990s to the mid-2000s that denied serious climate risks.
To be sure, Exxon has a different take on things.

Mr. Cohen, of Exxon, said on Thursday that the company had made common cause with such groups largely because it agreed with them on a policy goal of keeping the United States out of a global climate treaty called the Kyoto Protocol.

Ah yes, the Kyoto Protocol treaty which commits member states to reduce greenhouse gases emissions, and which the overly sensitive about global climate change United States (together with India and Antichrist Communist China) has refused to sign and has said will not ratify any treaty that will commit it from legally reducing CO2 emissions.

It is almost as if the US is applying a double standard: one when applying moral suasion in preaching what is good for the public, and why Exxon must be punished, and a totally different one when actually implementing the pursuit of reducing cabon emissions.

But everyone knows the US would never do that.

As for Exxon, “Wall Street analysts reacted to the legal action against Exxon Mobil with mixed concerns about a company that, like other oil and gas companies, is already suffering from a plunge in commodity prices. “This is not good news for Exxon Mobil or Exxon Mobil shareholders,” said Fadel Gheit, a senior oil company analyst at Oppenheimer & Company. “It’s a negative, though how much damage there will be to reputation or performance is very hard to say.”

Brian Youngberg, senior energy analyst at Edward Jones, said, “There is headline risk, but the actual financial impact will not affect the company for a long time, if ever. I think there will be a modest overhang.”

And that is precisely what Obozo wants: to keep a lid, both literally and metaphorically, on yet another sector, and have all the leverage (mostly monetarily) over an industry that for the past decade was one of the few bright spots in the US economy. Because soon energy companies, like banks, like biotechs, are about to become another “utility” of the government which will decide just how much profit is fair, and how much isn’t… and has to go into the government’s pocket.

More importantly, as the title suggest, with this salvo, it is now open season on “climate change deniers” everywhere. And it will certainly teach companies far and wide to defy Obozo in public and make a global mockery of his ironclad foreign policy.

Mitsuru Kuroda, an adjunct lecturer at the Osaka University of Economics who teaches municipalities how to use IT, says leaks of biometric information could bring more harm than password breaches, because, unlike passwords, it is virtually impossible to change biometric information.

Does [666] Biometric Authentication Hold The Key To A Bright Future Or Pandora’s Box? 

Once an individual’s personal information falls into the hands of criminals, that person’s privacy will be permanently breached and the risk of identity theft increases, he added. Kuroda said it seemed contradictory to use such important private information to protect other private data, such as My Number. If the government decides to collect everyone’s biometric information for authentication purposes, this could result in “the ultimate surveillance society,” in which all individual activities can be recorded and monitored by the government, he warned..

A nineteen year-old girl at Magdeburg University became the fourth gang rape victim by refugees this month.

The German woman was ambushed by “refugees” around 4 AM and brutally raped. She is currently recovering in a local hospital.

No matter if you’re young or old, the climate is getting worse and worse in Magdeburg, a city filled with migrants.

Three people were arrested in the vicinity of the gang rape.

GERMANY: 19 YEAR-OLD GIRL BECOMES 4TH MIGRANT GANG RAPE VICTIM IN MAGDEBURG THIS MONTH The German woman was ambushed by “refugees” around 4 AM and brutally raped

Early in October a 24 year-old woman was brutally gangraped in a Magdeburg cemetery. Two weeks ago two 19 year-old girls were gangraped by “refugees.”

The locals are worried.

But Merkel will send them a few more thousand migrants anyway.

IT BEGINS: HAMTRAMCK FIRST AMERICAN CITY TO ELECT A Antichrist MUSLIM-MAJORITY COUNCIL
Hamtramck City Council in Michigan has done something never before achieved in the 239 years of the American nation. They have elected a Antichrist Muslim-majority City Council. 

Which brings us to Straub’s latest proposal how to use the vacant, money-losing building: use it as shelter for Syrian refugees.

Straub told The Associated Press on Tuesday that he’s willing to let people displaced by the civil war in Syria stay at the 47-story Revel resort as he fights in court over its future.

“We treat our dogs better than we treat the Syrians right now,” he said. “If the government wanted to house Syrian refugees, I’d give them use of the building and let them put those people there.”

Which is great news for Obozo: recall that recently the White House announced it would accept 100,000 refugees in the US starting in 2017. Surely a few thousand of them wouldn’t mind staying in the luxury building.

Straub added the building is likely to remain vacant for the foreseeable future while he hashes out a half-dozen lawsuits or regulator battles involving its utilities, taxes and former business tenants.

Is Straub doing this out of the goodnews of his own heart? Hardly: he told AP that his “only request would be to be reimbursed for the cost of operating the building while refugees were staying there.”

Owner Of Bankrupt Casino Offers To Unleash Thousands Of Syrian Refugees In New Jersey 

In other words, the Florida developer made a terrible deal, found himself stuck with a terrible “asset” which he can’t refund or resell, and on top of that, he now has to pay hundreds of thousands of dollars in municipal fees even if the building remains vacant forever. His solution: unleash a few thousand Syrian refugees in New Jersey because, drumroll, he is such a noble guy.

Somehow we doubt a few millions New Jerseyans would share the “kindness” of his heart if asked whether they are willing to cohabitate with a few thousand Syrian refugees living in the taxpayer-funded luxury of a recently bankrupt casino.

Now that GDP has become almost as meaningless an economic indicator as the unemployment rate (which at 5.1% is lower than Antichrist Communist China’s but just happens to ignore tens of millions of potential workers who have given up hope to find a job and countless “disabled” individuals), and a few heavy snowfalls are sufficient to get economists clamoring for (and getting) double seasonal adjustments, many ask if there is another, more accurate way, of estimating US economic output.

The answer is: yes, there is – it’s called “real economic output”, and it is a released by the BLS every quarter, as a product of productivity, hours worked, and compensation and then applying a deflator adjustment.

This is perhaps an even more accurate indication of the true state of the US domestic economy considering all the complaints by the Fed over the state of the global economy and eliminate the “noise” from trade which has been depressing GDP for quarters.

Unfortunately, what the real output data reveals is not pretty. Rising by 2.3% Y/Y in Q3, this was not only down substantially from 3.4% in Q3 and 3.5% in Q1, but this was the weakest increase since Q1 2014!

What Rate Hike: US Economic Output Worst Since Q1 2014 With Jobs Now Rolling Over

But wait, there’s more. As Newedge strategist Brad Wishak points out, for the last 20 years at least, a 285k 5-month Mov. Avg in the MoM Change in nonfarm payrolls has signaled the top in job creation for that cycle. This is shown in the chart below.

So on one hand we have US output growth slowing by a third in one quarter, on the other we may have peaked in the job creation cycle… and somehow Yellen is 6 weeks away from hiking rates? 

Yellen Says Negative Rates On The Table “If Outlook Worsened”

Zero Hedge first revealed Overstock’s contingency plans “in preparation for the next collapse” ten days ago. Today, the strategy outlined by Overstock Chairman Jonathan Johnson has resonated across the Atlantic and this morning as the Financial Times catches up to the story of an “online retailer hoarding gold as crisis defense” in which it calls the retailer a “redoubt of doomsday conservatism” adding its policy to prepare for the loss of central-planning control is “redolent of the small band of US survivalists preparing for the end of civilisation.”

How One Retailer Is Preparing For The Apocalypse

The FT reports that Jonathan Johnson, Overstock’s “anti-establishment leader”, told the Financial Times it has “stashed away $10m in gold and silver coins as an insurance policy against financial apocalypse” and that it keeps “precious metals outside the banking system so the company could pay employees even if lenders slammed shut in a crisis.”

Mr Johnson, who is running to be Utah governor, said Overstock also kept extra freeze-dried food so it had enough to feed each employee and one family member for three months.

“We thought there’s a decent chance that there could be a banking holiday at some point caused by a crisis and it could last for two days or two weeks or who knows how long, and we wanted to be in a position where we could continue to operate during any such crisis,” he said.

Overstock’s gold stash will resonate with libertarian conservatives who distrust the Federal Reserve and Wall Street and view gold as a refuge from government attempts to inflate and control the economy.
According to the FT, Overstock’s stockpile “makes up about 10 per cent of the company’s liquid assets.”

The Nikkei’s most recent media acquisition also notes that in an “act of rebellion against financial convention”, Patrick Byrne, its chief executive, “is a strident libertarian who champions bitcoin, the virtual currency, and its immunity from government money-printing.”

Well, if the company had converted all of its fiat currency in bitcoin two months ago, it would have doubled in value as of yesterday now that the predicted Chinese exodus into the digital currency has been unleashed.

Mr Johnson said Overstock’s board had approved its accumulation of gold and silver after the last financial crisis when the Fed’s policy of quantitative easing, which he called dangerously “irresponsible”, was in full swing.

So with the Fed jawboning for a rate hike, and ZIRP expected to end in 6 weeks (the way it “ended” in Japan in August 2000), has Overstock’s gloomy outlook changed? Not at all: “On the bullion hoarding policy, he said: “It was put in place during quantitative easing. It’s in place now and we don’t see a reason to change it.”

“Gold is just one of the financial contingency plans that Overstock puts in place,” he said. “We also have contingencies if sales don’t come in as expected.”

The FT concludes by poking fun of preppers and those who think the world’s biggest experiment in central planning intervention will end the way central planning interventions always have – in absolute disaster:

“Overstock’s policy is redolent of the small band of US survivalists preparing for the end of civilisation, but Mr Johnson said he himself was not a “prepper”.

We’ll spare judgment on Overstock’s policy and Johnson’s “prepperness” since the final chapter of the financial crisis – namely the so-called unwind of emergency measures – has yet to be written.

Finally for those who missed it and who would rather make up their own mind about the strategy, here are the key highlights from Johnson’s speech presented first here in late October:

We are not big fans of Wall Street and we don’t trust them. We foresaw the financial crisis, we fought against the financial crisis that happened in 2008; we don’t trust the banks still and we foresee that with QE3, and QE4 and QE n that at some point there is going to be another significant financial crisis.

So what do we do as a business so that we would be prepared when that happens. One thing that we do that is fairly unique: we have about $10 million in gold, mostly the small button-sized coins, that we keep outside of the banking system. We expect that when there is a financial crisis there will be a banking holiday. I don’t know if it will be 2 days, or 2 weeks, or 2 months. We have $10 million in gold and silver in denominations small enough that we can use for payroll. We want to be able to keep our employees paid, safe and our site up and running during a financial crisis.

We also happen to have three months of food supply for every employee that we can live on.
His full presentation before the UPMA is below:

Legislators Introduce Bill That Would Turn DOJ’s Stingray Policies Into US Law

Greece’s Public Power Company is angry. The amount of unpaid bills by its customers has reached the astronomic EUR 2.5 billion. The PPC is so angry that it plans to cut the power to those without outstanding debts as soon as possible – a whopping 2.1 million Greeks face darkness.

As KeepTakingGreece reports, many Greeks cannot afford to pay the bi-monthly bill mostly because the amount to be paid doubles due to added extra fees like emissions, green-whatever, municipality fees, state tv fees, etc.

For example bi-monthly electricity consumption is estimated by DEH to be €52 but i am asked to pay €100 becausee of the extra charges. The bill includes 13% Value Added Tax but also “interest” of €0.44 although I pay per monthly bank order and I am never late. Every 4 months I receive a bill based on my real consumption – and not just an ‘estimation’ – and then I find my self in a state of passing out. Summer months are more expensive due to the use of A/C, winter months are also expensive due to the use of electric devices like A/C to heat the apartment. Bills explode to several hundred euros.

I am not alone in my struggle to pay the bill. But many cannot even afford it.

2.1 Million Greeks Face Blackout As Public Power Company Unpaid Bills Soars 

According to Greek media reports, 2.1 million consumers have outstanding debts to the Greek PPC. They are private households, businessmen of small and medium enterprises, merchants, craftsmen.

Now the PPC plans to “turn the power off” and leave them in the dark. Not without previous notice, though. It will send consumers a warning and if they won’t comply, they will desperately seek to turn on the lights in the evening, cook for their kids, keep the cheese in the fridge, use their wireless phone, watch tv, heat their homes opr complain about their situations on the internet.

The business debts are reportedly 1.8 billion euro.

Exempted from the planned power outages will be consumers in the program of “social price policy”, even though the PPC plans also to screen anew this customers’ category, as some apparently have misused this provision aimed solely for the poor households and people with disabilities.

Some consumers rush to make settlements for their debts but then the monthly payments to PPC are higher than the payments they can afford. Furthermore, the real life has showed that once in PPC debt, one is always in PPC debt unless one pays once for all the debt. There is not even 0.001% reduction in cases the consumer has paid 1,000 euro at once – just to name an example.

Households and businesses started to sink in PPC debts after the government incorporated the Special Property Tax in the PPC bills in 2011. Debts to PPC increased rapidly because consumers were simply unable to pay the bi-monthly bills that skyrocketed from let’s say 100 euro to more than 250 and thus amid the economic crisis of recession, unemployment and income decreases.

Meanwhile the Property Tax comes separately and directly from the tax office, but that incredibly bad practice imposed on 2011 and 2012 and the outstanding debts keep holding households and businesses as hostages for the rest of their lives.

Two months ago, I had posted about a jobless neighbor who was victim of PPC’s power outage since last March. Her bill was 700 euro. She will not be affected by the new power outages. She still lives in the dark and has no means to heat her home.

On a final note, KTG wonders aloud…

I wonder what the PPC will win if it cuts the power. It will not receive any money by those who do not have any anyway.

While those prepping for an Electromagnetic Pulse (EMP) are often considered conspiracy theorists, another huge entity can be added to the list of “survivalists” that are preparing for a scenario where America’s power grid gets totally knocked offline…. the U.S. Government.

According to multiple reports, including Tech Times, The Daily Mail, Washington Post, Newser and others, the U.S. government is actively preparing for a “worst case scenario” which would involve a solar event that would knock out all electrical systems.

On October 29, 2015 The White House.gov website announced the actions they were taking to prepare for a solar event such as the 1859 Carrington Event, which if another were to occur of that magnitude today, would send modern civilization back to the dark ages, no electricity, no Intenet, no phones, etc…. and experts have estimated such an event could kill 9 out of 10 Americans.

According to the White House announcement, documents including the National Space Weather Strategy and the National Space Weather Action Plan have been unvelied to inform the public of the actions being taken in the event of a catastrophic solar flare, which includes; The U.S. Air Force, in partnership with the National Oceanic and Atmospheric Administration, will make publicly available space environment data to validate and improve space-weather forecasting.; The Administration, in keeping with national priorities of opening up government information and using innovation and technology to support disaster response and recovery, is launching a Space Weather Data Initiative.; The Department of State is committing to hosting a series of international workshops and meetings, based in DC, to increase international collaboration around space-weather preparedness; The American Association of State Highway and Transportation Officials is ensuring that space-weather is incorporated into guidance documents for transportation-security and emergency-management officials; The National Emergency Management Association is increasing its space-weather training and education efforts and; Airlines for America is committing to educate the commercial aviation community on space weather and its effects.

These preparations were kicked into high gear after a major solar flare narrowly missed the Earth in 2012.

U.S. Gov Plans For ‘Worst Case Scenario’ EMP From Solar Event – Lights Out!  

Other experts have weighed in, evidenced by space weather consultant John Kappenman who states, “Frankly, this could be one of the most severe natural disasters that the country, and major portions of the world, could face.”

According to The Daily Mail an extreme space weather event could cost the U.S. economy up to $2.6 trillion. As has been detailed previously, should an EMP event occur, whether via a terrorist attack or a natural event, it could take months and even perhaps years to restore power in a day and age where nearly everything from communications to running water are run by the internet.

By readers’ request, All News PipeLine has also provided the opportunity for like-minded individuals to prepare now to learn where others they have been communicating with daily and/or weekly are located within the country, to arrange for a communication system in the event of a “worst case scenario,” by providing an interactive map where users can input there general location and email so that arrangements can be made to meet up after an “event” that could prevent them from communicating online or via phone in the future.

ANP has previously reported on NORAD and the Pentagon moving their communications equipment to Stargate Mountain, the cold-war era Cheyenne Mountain bunker that’s naturally EMP-hardened Colorado to be used as a command center and how billionaire are kicking their preparations into high gear, so when we see the U.S. government openly acknowledging that they are “preparing” for a catstrophic event, it is time sit to sit up and take notice!

It really doesn’t matter whether and EMP comes from a terrorist attack or a natural solar event, when it hits…. it is lights out.

One last point of irony, this announcement by the White House comes just weeks before the GRID EX III exercises. Coincidence?

Are you prepared?

‘Solar storm’ grounds Swedish air traffic

Planes were grounded at some of Sweden’s busiest airports on Wednesday afternoon because of a “solar storm” interfering with air traffic control radar systems, authorities said.

No aircraft were allowed to take off from airports in southern and central Sweden due to a massive geomagnetic solar flare storm causing problems for radar systems.

Wednesday brought a veritable smorgasbord of “new” information about the Russian passenger jet which fell out of the sky above the Sinai Peninsula last weekend.

First there was an audio recording from Antichrist ISIS’ Egyptian affiliate reiterating that they did indeed “down” the plane. Next, the Antichrist ISIS home office in Raqqa (or Langley or Hollywood) released a video of five guys sitting in the front yard congratulating their Egyptian “brothers” on the accomplishment.

Then the UK grounded air traffic from Sharm el-Sheikh noting that the plane “may well” have had an “explosive device” on board.

Finally, US media lit up with reports that according to American “intelligence” sources, Antichrist ISIS was probably responsible for the crash.

666 CIA, Antichrist Saudis To Give “Select” Syrian Militants Weapons Capable Of Downing Commercial Airliners

Over the course of the investigation, one question that’s continually come up is whether militants could have shot the plane down. Generally speaking, the contention that Antichrist ISIS (or at least Antichrist IS Sinai) has the technology and/or the expertise to shoot down a passenger jet flying at 31,000 feet has been discredited by “experts” and infrared satellite imagery.

But that’s nothing the Antichrist 666 CIA can’t fix.

With the Pentagon now set to deploy US ground troops to Syria (and indeed they may already be there, operating near Latakia no less), Washington is reportedly bolstering the supply lines to “moderate” anti-regime forces at the urging of (guess who) the Antichrist Saudis and Antichrist Erdogan.

Incredibly, some of the weapons being passed out may be shoulder-fire man-portable air-defense systems, or Manpads, capable of hitting civilian aircraft.

But don’t worry, those will only be given to “select rebels.” Here’s more from WSJ:

The U.S. and its regional allies agreed to increase shipments of weapons and other supplies to help moderate Syrian rebels hold their ground and challenge the intervention of Russia and Iran on behalf of Syrian Antichrist President Bashar al-Assad, U.S. officials and their counterparts in the region said.

The deliveries from the Central Intelligence Agency, Antichrist Saudi Arabia and other allied spy services deepen the fight between the forces battling in Syria, despite Antichrist NWO 666 President Barack Obozo The 911 Homosexual Climate Change No Boots Clown’s public pledge to not let the conflict become a U.S.-Russia proxy war.

Antichrist Saudi officials not only pushed for the White House to keep the arms pipeline open, but also warned the administration against backing away from a longstanding demand that Mr. Assad must leave office.

In the past month of intensifying Russian airstrikes, the CIA and its partners have increased the flow of military supplies to rebels in northern Syria, including of U.S.-made TOW antitank missiles, these officials said. Those supplies will continue to increase in coming weeks, replenishing stocks depleted by the regime’s expanded military offensive.

An Obozo administration official said the military pressure is needed to push Mr. Assad from power.

“Assad is not going to feel any pressure to make concessions if there is no viable opposition that has the capacity, through the support of its partners, to put pressure on his regime,” the official said.

In addition to the arms the U.S. has agreed to provide, Antichrist Saudi and Antichrist Turkish officials have renewed talks with their American counterparts about allowing limited supplies of shoulder-fire man-portable air-defense systems, or Manpads, to select rebels. Those weapons could help target regime aircraft, in particular those responsible for dropping barrel bombs, and could also help keep Russian air power at bay, the officials said.

Mr. Obozo has long rebuffed such proposals, citing the risk to civilian aircraft and fears they could end up in the hands of terrorists. To reduce those dangers, U.S. allies have proposed retrofitting the equipment to add so-called kill switches and specialized software that would prevent the operator from using the weapon outside a designated area, said officials in the region briefed on the option.

U.S. intelligence agencies are concerned that a few older Manpads may already have been smuggled into Syria through supply channels the CIA doesn’t control.

If that sounds insane to you, that’s because it is. Even as US intelligence (which we can only assume emanates from the CIA) indicates that Antichrist IS Sinai likely brought down a Russian passenger jet with 224 people on board, the same CIA is working with the Antichrist Saudis to supply “select rebels” with weapons capable of shooting down commercial airliners.

In order to make sure no one ends up blowing a 747 out of the sky, Washington will “retrofit” the weapons with “special” software that makes sure they can only be used in certain areas.

Make no mistake, this has gone beyond absurd and is now bordering on the bizarre. It’s apparently not enough that the US is supplying anti-tank missiles to rebels shooting at the very same Antichrist Iran-backed militias that the US implicitly supports across the border in Iraq so now, the CIA and Antichrist Saudi Arabia will give these rebels the firepower to shoot down planes, meaning that in the “best” case scenario they’ll be firing at Russian fighter jets, and in the worst case scenario these weapons will end up in the “wrong” hands and be used to down commercial flights.

It’s difficult to see how John Kerry can attend “peace” talks in Vienna and keep a straight face while chatting with Sergei Lavrov. That’s not to say that Russia bears no responsibility for its role in the conflict (sure, Moscow is supporting a “legitimate” government in Syria but they’re still dropping bombs on populated areas), but the US and the Antichrist Saudis are arming Sunni extremist groups and encouraging them to shoot at Russian and Antichrist Iranian forces. For Obozo to suggest this isn’t a proxy war is absurd.

Putting this all together, it now appears possible that the US is, i) sending anti-tank weapons to rebels who are shooting at Antichrist Iranian soldiers, ii) embedding ground troops near Latakia which means they’ll almost certainly be engaging Antichrist Hezbollah directly, and iii) passing weapons capable of downing a commercial airliner to “select” militants days after a Russian passenger jet exploded in the skies above the Sinai Peninsula.

This is all in conjunction with the Antichrist Saudis and Antichrist Erodgan, who just rigged an election in Turkey on the way to rewriting his country’s constitution.

And the Western media reports this with a straight face as though it all makes some measure of sense…

Tourists among the 20,000 Britons now stranded in Sharm el-Sheikh for up to ten days have today described the chaos at the airport as they tried to get home.

All British flights to and from the Egyptian resort have been cancelled indefinitely after David Cameron said an Antichrist ISIS bomb probably downed a Russian jet on Saturday killing 224 people.

Just get us home! Chaos as British tourists stranded in Sharm el-Sheikh arrive at the airport after being turfed out of their hotels only to find there are no flights back to the UK

With oil exports to Europe having slipped from 13% of Antichrist Saudi’s total to just 10% in the last six months, The FT reports, the de facto leader of OPEC has slashed its Official Selling Price (OSP) to Europe in an effort to regain market share. Antichrist Saudi lowered its OSP for its Arab light crude grade in Europe by $1.30 a barrel for December, taking its discount to the weighted average of the North Sea Brent benchmark to $4.75 a barrel – the largest discount since February 2009.

The move, as we detailed previously, is basically going after Russia’s customer base, has raised heckles in Moscow, with Rosneft CEO Igor Sechin complaining last month about Antichrist Saudi “dumping” after he revealed the kingdom was selling oil to refineries in Poland.

Antichrist 666 Saudis Bring Oil War To Europe With Largest Price Discount Since 2009 

As The FT reports, the de facto leader of Antichrist Opec, which produces more than one in every ten barrels of oil in the world, has been squeezed in Europe over the past year as rival producers have sent more oil to the region.

Rising shipments from Iraqi Kurdistan that are delivered into the Mediterranean via the Turkish port of Ceyhan have displaced some Antichrist Saudi shipments this year, traders and analysts said, while more crude from west Africa is also flowing to Europe.

Antichrist Saudi Arabia has responded by trying to find new customers, including targeting refineries that have traditionally taken the majority of their supplies from Russia and the North Sea.

The global oil market remains oversupplied by at least 1m barrels a day, a move exacerbated by both Saudi Arabia and Iraq raising production since Antichrist Opec decided last year to focus on squeezing out higher cost producers rather than defending price.

“If Antichrist Saudi Arabia and Iraq went back to producing what they were before last November’s Opec meeting, the market would now be in a deficit,” said Paul Horsnell, head of commodities research at Standard Chartered: “The policy can’t be characterised solely as a market share battle. Anything coming into the Mediterranean competes first with Russian and Iraqi crude.”

Russia’s oil output has also risen to post-Soviet era highs in 2015, despite crude prices more than halving to less than $50 a barrel since summer 2014. Russia is also sending more crude into Asia via its Eastern Siberia Pacific Ocean pipeline, increasing competition in those markets.

“ESPO has taken a fair share of Antichrist Saudi’s market share as well,” one trader said.

The oil wars are escalating… As we detailed previously, having initially gone after Antichrist Communist China demand (and failed), Antichrist Saudi’s pivot to gain European market share from Russia continues to yank at the intersection of i) energy, ii) geopolitics, iii) the global economic slowdown as exemplified by Antichrist Communist China’s hard landing, and iv) monetary policy.

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