Re-growing damaged bone could become a standard practice in the future, thanks to a new technique involving nothing more than stem cells and a single molecule that naturally occurs in the human body.
Scientists from the University of California San Diego have discovered that by feeding the molecule adenosine to human pluripotent stem cells, they could make them regenerate bone tissue.
The research has already been successfully demonstrated in mice, and could in the future lead to a quick and affordable treatment for bone defects and injuries, a key aspect of the scientists’ research.
“One of the broader goals of our research is to make regenerative treatments more accessible and clinically relevant by developing easy, efficient and cost-effective ways to engineer human cells and tissues,” explained study lead author Shyni Varghese, a bioneering professor at UC San Diego.
This is not your government. Those who live in the United States do so out of convenience, it is where their house is, their apartment, etc., but they do not live under the authority of the United States Government, because that does not exist. Those who reside within the borders of the United States live under a despotic rule of Supreme Court justices, regulators, random judges, presidential decree and Fed policy.
Government employees in the United States outnumber manufacturing employees by 9,932,000, according to data released today by the Bureau of Labor Statistics.
Federal, state and local government employed 22,213,000 people in August, while the manufacturing sector employed 12,281,000.
The BLS has published seasonally-adjusted month-by-month employment data for both government and manufacturing going back to 1939. For half a century—from January 1939 through July 1989—manufacturing employment always exceeded government employment in the United States, according to these numbers.
Then, in August 1989, the seasonally-adjusted employment numbers for government exceeded the employment numbers for manufacturing for the first time. That month, manufacturing employed 17,964,000 and government employed 17,989,000.
Manufacturing employment in the United States had peaked a decade before that in June 1979 at 19,553,000
From August 2015 to August 2016 seasonally-adjusted manufacturing employment declined by 37,000–dropping from 12,318,000 last August to 12,281,000 this August.
The 22,213,000 government employees in August, according to the BLS, included 2,790,000 federal employees, 5,120,000 state government employees, and 14,303,000 local government employees.
How the Fed has screwed the many to benefit the few
By its actions, the Federal Reserve has selected a precious few winners and many, many losers. Sadly, you are highly likely to be one of the losers.
I’m one, too, if that helps soften the blow.
But we have a lot of company. Other losers include:
Anyone with money in a checking account
Anyone with money in a savings account
Anyone with money in a CD
Anyone depending on bond income
First time homebuyers
Those who invest based on fundamentals
Everybody alive in the future, when the bills come due
Anyone on this list has been intentionally pre-selected by the Fed for losing. The Fed has done this deliberately, with full pre-knowledge that it was going to diminish the prospects of the majority in favor of the benefit of an elite few. And to make matters worse, it has no plans to — and no clue how to — reverse the damage it has wrought.
Everyone on the list above has been dinged by the Federal Reserve — on purpose and by design, I will repeat — in order to transfer wealth and purchasing power to:
Entities with large stock (equity) holdings
The wealthiest 0.1%
Borrowers (the heavier the better)
Well-connected insiders whom the Fed tipped off in advance
This has, of course, not been lost on the 99.9% relegated to the loser camp. They are angry and growing more pissed off by the day. We see this anger playing out politically, in street protests, and in growing tensions with the police. All of this is connected, of course.
Soon, more and more folks will figure out the source of the growing inequity causing this anger, and the hot new trend of the future will be Fed bashing. So you might as well get in on the ground floor…
As primates, we’re all hard-wired to expect fairness. It’s part of being a social creature. When we experience unfairness, we react the same way this Capuchin monkey does, although we might try to convince ourselves we do so in a more civilized manner:
But really, we’re just as emotionally-driven as that poor, deprived monkey when confronted with our own circumstances of injustice.
While it’s true that the world will never be completely fair, the conditions today are extremely ripe for provoking a lot of righteous populist anger.
Watching big banks commit huge felonies time and again, then get away with only paying fines that are mere blips on their earnings statements, has been difficult for me to swallow — as it was for a large number of other people. The recent movie The Big Short does a good job of making your blood boil on this point.
Or noting all the instances where the wealthy and powerful skate by without any real charges or penalties for their crimes, while ‘regular people’ have the book thrown at them by the legal system.
In fact, the rule of law in America today might as well be restated as the ‘sliding scale rule’, where the number and consequences of possible penalties that apply are inversely proportional to your net worth. Poor = more. Rich = less.
But of all the injustices being inflicted upon us, few are more pernicious than those being committed via the Federal Reserve’s monetary policy.
The Fed is playing God, picking winners and losers. And as I outlined above, nearly all of us are losers.
In the aftermath of the credit crisis, the Fed has been loudly telling us that if house prices go up then the owners of those houses will feel wealthier and spend more, boosting the economy. Or something like that.
In truth, the Fed has been acting to protect both the mortgage holders (banks, mortgage companies, Fannie, Freddie) and also its own portfolio of mortgage bonds. Few people realize this, but the Fed is the largest landlord in America. It owns more real estate, by far, than any other entity:
Now, would you not agree that if a private entity had been entrusted with the capability of printing money out of thin air and then using it to purchase $1.78 trillion dollars’ worth of mortgage backed securities, thereby becoming the largest landlord in America, that there should have been a robust and spirited national conversation over whether or not this is a good idea? One that came with a truckload of debate, oversight and enforcement?
But there was no conversation. The Fed decided all on its own that driving up the cost of homes was the right thing to do, and they’ve succeeded wildly in that regard. Winners = current homeowners who sell at these current bubble prices and then downsize. Losers = everyone else.
Even many current homeowners who’ve benefited from recent price increases will lose over time. Why? Because of higher insurance and property tax costs.
The housing bubble that preceded 2007 has been restored by the Fed nation-wide, In dozens of cities., prices are now at or near all-time highs:
The impact of these insanely-high house prices is that ordinary people are being priced out. Here’s the extreme case of San Francisco:
The “Housing Crisis” in San Francisco Strangles Demand
Aug 16, 2016
In San Francisco, the median house price – half sell for more, half sell for less – is $1.37 million. According to Paragon Real Estate, if condos were included, the median price would drop to $1.2 million.
The median household income in San Francisco is $84,160, including households with more than one earner. So a household of two teachers with $130,000 in household income is doing pretty well, comparatively speaking.
The monthly mortgage payment for the median house in San Francisco, after a 20% down payment and at the prevailing rock-bottom mortgage rates, is $6,740 per month, or $80,900 per year!
So what kind of minimum qualifying household income would be required for the mortgage of a median house, plus taxes and insurance? For the US on average, $47,200 per year. In San Francisco, $269,600 per year. It would require a household of four teacher salaries!
Only the top-earning 13% of households in San Francisco can afford to buy that median house!
To recap: if you put down a 20% down payment for a $250,000 house in San Francisco (good luck saving that up, ordinary people!) then the yearly mortgage cost alone is $80,900.
This affordability problem is so severe that regular people are moving out in droves. As a result, San Francisco is dealing with all sorts of worker shortages, including the lack of teachers mentioned in the above article.
These insanely high house prices are not some miracle of God, and it doesn’t require a PhD in particle physics to understand what’s causing them: the Fed specifically created the conditions to boost house prices to these levels, and has been printing up as much money as needed to accomplish this.
If you enjoy irony with your tragedy, consider the case of the planning commissioner for Palo Alto who had to move out of the area because she and her husband could no longer afford to live there:
Housing official in Silicon Valley resigns because she can’t afford to live there
Aug 11, 2016
Once Kate Downing and her husband Steve did the math, it was obvious that if they wanted to raise a family, staying in Palo Alto, California, was not an option.
Although Steve, 33, works as a software engineer at a nearby Silicon Valley technology company and Kate, 31, is a product attorney at another tech firm, the cost of owning a home near their jobs has simply become too steep for them.
If they wanted to purchase their current house – which they rent with another couple for $6,200 a month total – it would cost $2.7m plus monthly mortgage and tax payments of $12,177, adding up to more than $146,000 a year.
The Downings’ housing struggle in the northern California region that is home to many of the world’s wealthiest tech companies carries a special irony due to Kate’s second job: up until this week, she served as a planning and transportation commissioner for Palo Alto – a position in which she pushed city officials to build more housing and pass pro-development policies that could help solve the growing affordability crisis.
When two upper middle class successful professionals cannot even remotely begin to make ends meet, you have a raging housing bubble on your hands.
I’m going to keep repeating this point: this is no accident. It is not an act of God. This is the desired outcome of a specific and targeted Federal Reserve policy that is getting exactly what it intends: Higher home prices.
As a consequence of these high prices, home ownership rates in the US have plunged to levels not seen since 1965:
Generations of homeownership have been undone in less than ten years by an activist Fed that has decided it knows who should be the winners and who should be the losers in the home buying game.
Of course, all of this is not real, long-lasting wealth. The Fed has merely blown another bubble; one that will eventually burst, creating far more pain on the downside than the pleasure enjoyed on the way up.
That’s just the nature of bubbles, as we laid out in detail in our recent report The Marginal Buyer Holds The Pin That Pops Every Asset Bubble (it’s worth a read if you haven’t done so yet)
It’s too bad the Fed did not learn from its prior recent bad mistakes that blew up in 2000 and 2008. I’ve taken the liberty of expressing this in chart form:
I hope that clears thing up.
There’s no other way to put this, the Federal Reserve is a serial bubble blower. And sadly, the Fed is the alpha central bank in the world. It sets both the tone and the direction that the others follow. Which is why the bubbles in stocks, bonds and real estate span the globe today.
The Fed somehow lost the institutional memory that Paul Volker embodied back in the 1970’s and 1980’s. Volker’s bitter medicine approach was replaced with a spiked punchbowl. Greenspan began the process, Bernanke cemented it, and now Yellen is busy keeping the party going long after the lights should have been turned off.
The Fed may never recover from the injustice it is creating. And good riddance. When institutions fail so horribly they need to be disbanded and discredited so that new ideas and practices can emerge.
And interestingly, we are (finally!) beginning to see some rotten tomatoes get thrown the Fed’s way.
Is a ‘Fed discrediting cycle’ underway? Surprisingly, the answer may be: Yes.
The Worm Turns
The reason we need to track the ‘intangibles’ like Fed credibility is precisely because the entire system of fiat money is faith-based, when you get right down to it. We all know that on some level, but it becomes a conscious awareness once you understand how money is created in the fractional reserve banking system.
It’s created when a loan is made at the bank level, as well as whenever the Fed ‘buys an asset’ which is really a fancy way of saying ‘created money out of thin air and exchanged it for debt.’
Well, if the Fed has the power to create money out of thin air, that’s really an extraordinary power, right? How can we have confidence it’s putting that power to the right use?
Because all fiat currency (I hesitate to call it ‘money’ as it lacks the essential ‘store of value’ feature) is nothing more than an agreement between ourselves, it’s vital that trust and transparency be part of that arrangement.
But the current system goes out of its way to keep the public in the dark about how it works.
Even though money (er, currency) creation is a rather simple thing to explain, as I’ve done in the Crash course (Chapter 7: Money creation in Banks and Chapter 8: The Fed), it is not taught in schools. At any level.
In over 10 years of presenting this material publicly, I’ve not yet once run into a single person who has claimed to have learned about money creation in a public school or major college as part of the ordinary curriculum. Not one. Homeschoolers? Yes, all the time. Self-taught? Sure, them too.
Now ask yourself why something so important and yet simple to explain is not taught at practically any ‘place of learning’ throughout the land? The only reason I can think of is that it is considered too dangerous by those in charge.
After all, how can you keep a workforce chained to a paycheck model once they find out that the Fed simply prints up dollars by the trillions and hands them out to their closest friends, relatives, and revolving door colleagues?
Or perhaps we can understand why currency creation is not taught through this old quote from Henry Ford:
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
I think old Henry also nailed it. The privilege and advantages enjoyed by those running our banking and monetary systems functions are deeply unfair. If those in charge of them want to keep their heads, its best to keep the public in the dark as much as possible.
Well, I think the cat’s out of the bag, and I base that on two exceptional recent events. The first was the ill-fated launching of a Fed Facebook page, by the Fed, and the second was a real turnabout article penned in the WSJ by none other than perennial Fed insider/toady John Hilsenrath.
In Part 2: This Is How Sentiment Shifts And Markets Crash, we look at how the previously-bulletproof faith in the Federal Reserve is quickly eroding. As with all belief systems, once sentiment shifts below a critical threshold, everything gets called into question. Suddenly, it’s obvious to all the emperor was naked.
The demise of faith in the Fed is an essential milestone on the way to the long-overdue market correction. Once the markets no longer trust the Fed can keep the party going, the stampede for the exit will one for the history books.
“A World Not Seen Before”
Art Cashin: “We’re in a world that not only has no one ever seen before, but in many cases we are doing things that no one ever thought of before. I mean, Sydney Homer’s book The History of Interest Rates covers 5,000 years of interest rates, back to when the Sumerians were trading grain.
5,000 Years Of Interest Rates – Rates Lower Than 1930s Depression
And nowhere (in that book covering 5,000 years) is there any extensive discussion of negative interest rates. And yet there is some $23 trillion or $24 trillion worth of securities that are now involved in negative interest rates. So it is a world not seen before.
The Bank of Japan is busy buying ETFs and in some cases common stocks. There are reports that the largest holder of Facebook may in fact be the Swiss National Bank. This is a world no one ever dreamed of. And it only tells you, with rates as low as they are, should something happen to the economies and/or the financial systems, they will have to resort to crazier and crazier things.
Monetary Madness To Increase
And if you go back to Jackson Hole and look at some of these things, they were putting in the intellectual foundry to go perhaps beyond negative rates, into buying assets never thought of before. So that’s as close they come to concern — knowing that if something happened, the fire truck has flat tires.”
Eric King: “Art, it’s not that we want to create any panic, but as you watch this science experiment — the monetary madness — I know deep down inside you have to have a gut feeling that this is gong to end in disaster.”
Art Cashin: “Well, I try not to have a gut feeling that it’s going to end in disaster, but having gone through the pain and agony of 2008 and 2009, you don’t want to be too cavalier about anything. Again, I don’t believe you or I or anyone else should be starting people on an idea of panic, but we’ve seen how severe some of these things can get, and we have not recovered greatly from them.
And so far the central banks haven’t shown me that they have found a way to A: fully insulate us from a recurrence like that, or B: have the tools to address it were it to occur again. I think the magnitude of what happened, the broad breadth of how many countries, how many banks, how many people, were involved…To continue listening to one of the most important audio interviews ever with legend Art Cashin CLICK HERE
Never in human history has this wonderful planet and its inhabitants been subjected to such an evil satanic regime !!
Now lets look at a list of ingredients that are found in chemtrails as provided by StopSprayingCalifornia.com
Aluminum Oxide Particles
Bacilli and Molds
Desiccated Human Red Blood Cells
Human white Blood Cells-A (restrictor enzyme used in research labs to snip and combine DNA)
Known as CHAFF)
Radio Active Thorium
Sharp Titanium Shards
Sub-Micron Particles(Containing Live Biological Matter)
Using radiosonde data from several equatorial locations around the world, the scientists discovered that the quasi-biennial oscillation began to deviate from its usual pattern in late 2015. At that time, westerly winds were descending in altitude and should have continued to sink and weaken as easterlies replaced them.
Instead, the westerly winds shifted upward and seemed to cut off the descent of high-altitude easterlies before they could begin their usual dominance. Additional easterly winds developed at lower altitudes in the stratosphere, beneath the rising westerlies. However, by June, the westerlies appeared to have resumed their normal descent.
The researchers plan to continue analyzing wind and temperature data to determine what caused this anomaly and what its implications may be. Their investigation will include an exploration of possible connections with the 2015–2016 El Niño and climate change. (Geophysical Research Letters, doi:10.1002/2016GL070373, 2016)
Note: New device ^^^
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Antichrist Communist Chinese yuan now stand to become serious competitors to U.S. dollar dominance.
Could gold also begin to emerge as a leading currency in world trade? Over time, it certainly could. But the more immediate implications for gold’s monetary role center on its increasing accumulation by central banks such as Antichrist Communist China’s.
On October 1st, the Antichrist Communist Chinese yuan is slated to enter the International Monetary Fund’s Special Drawing Right (SDR) basket of top-tier currencies. It will share SDR status with the U.S. dollar, euro, British pound, and Japanese yen.
Before the yuan officially becomes an SDR currency, the World Bank intends sell $2.8 billion in SDR bonds in Antichrist Communist Chinese markets. The rollout of SDR bonds in Antichrist Communist China began August 31st. According to Reuters, Antichrist Communist China’s promotion of SDR bonds “is part of a wider push in Antichrist Communist China to… boost demand for Antichrist Communist Chinese yuan and diminish reliance on the U.S. dollar in global reserves.”
King Dollar won’t be dethroned overnight. But the place of prominence the U.S. dollar – more accurately called the Federal Reserve Note – enjoys as the world’s reserve currency will indeed diminish over time.
Yuan’s Inclusion in the SDR Currency Basket: Merely a Part of Antichrist Communist China’s De-Dollarization Strategy
Antichrist Communist China and Russia have mutual geostrategic interests in helping to promote de-dollarization. Toward that end, the two powers are engaging in bilateral trade deals that bypass the dollar. Annual bilateral trade between Antichrist Communist China and Russia has surged from $16 billion in 2003 to nearly $100 billion today. When Antichrist Communist China hosts the G20 summit in September, it will make Russian President Vladimir Putz Putin its premier guest of honor.
U.S. officials are none too pleased. They fear Putz Putin aims to expand his global reach by forging stronger ties with Antichrist Communist China.
Putin strengthening ties with Antichrist Communist China
According to the South China Post, “Some Western analysts have viewed the recent, rapid enhancement of such collaboration as the beginning of a partnership set on destabilizing the U.S.-led world order and diminishing Washington’s capacity to influence strategic outcomes.”
Some in the Hillary 911 Clinton campaign even fear that Russia will interfere in the upcoming U.S. election to try to block 911 Hillary’s path to the White House. Russian hackers have been implicated in a number of recent “leaks” that damaged the reputations of U.S. banks and the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration. Wikileaks founder Julian Assange has hinted at further releases. 911 Hillary’s allies openly speculate that these Wikileaks hacks are being sourced from Russia.
But the Russians and the Antichrist Communist Chinese aren’t counting on cyber warfare to dethrone King Dollar. In addition to bilateral trade deals and strategic plays for regional economic dominance, the two powers are bulking up on gold. Over the past several years, Russia and Antichrist Communist China have each been adding massively to their gold holdings.
World’s Central Banks Becoming Net Gold Buyers
Since 2009, Antichrist Communist China’s officially reported gold holdings have jumped by 60%. The enlarged gold stockpiles held by the People’s Bank of Antichrist Communist China helped Antichrist Communist China win ascension into the IMF’s elite SDR currency basket.
It’s part of a larger trend of world central banks becoming net gold buyers. They were net sellers throughout much of the 1990s and early 2000s. That helped keep gold prices suppressed. But since 2010, central banks have been net buyers of gold – to the tune of more than 500 tons per year
Central Bank Demand for Gold
Russia alone added 172 tons of gold in 2014 and 208 tons in 2015. By swapping some of its U.S. Treasury securities for bullion bars, the Russian central bank has become the world’s seventh largest gold holder. Yet gold makes up just 16.2% of Russia’s monetary reserves, which is a lower proportion held by its Eurozone neighbors.
Russia likely isn’t done accumulating. As the world’s third largest gold producer, Russia can readily supply itself with more.
A similar scenario figures to play out in Antichrist Communist China, perhaps even more dramatically so. Antichrist Communist China’s “official” gold hoard of 1,823 tons as of August 2016 gives it the world’s sixth biggest gold reserve. Yet relative to the size of Antichrist Communist China’s economy and currency supply, its gold stash doesn’t amount to much – just 2.3% of total monetary reserves.
Unofficially, Antichrist Communist China likely has additional gold reserves that it doesn’t report. But even if Antichrist Communist China’s real gold stash is double or triple what it actually reports, as some analysts suggest, that still leaves the country of 1.3 billion people with far less gold backing than Russia, the United States, Europe, and some of its Asian rivals. Antichrist Communist China has a lot more gold accumulating to do in the years ahead.
Antichrist Communist China’s Gold Reserves
Antichrist Communist Chinese leaders aim to be regionally dominant. In order to secure that position they are moving to own and control greater shares of the gold market. The recently opened Shanghai Gold Exchange gives Antichrist Communist China a direct mechanism for controlling the physical gold market in Asia.
It’s a way for Antichrist Communist China to take at least some control away from Western governments and banks that have traditionally dominated the gold trade out of London and New York.
When the Antichrist Communist Chinese yuan becomes an SDR currency this fall, that could be the inflection point for a new multi-polar currency regime that sees the Federal Reserve Note decline in stature as central banks scramble to stock up on the ultimate money: gold.
With the collapse of Hanjin shipping, Deutsche Bank refusing to honor Gold ETFs, and the NY Fed sending the last of America’s gold overseas, will September 11th mark the beginning of the next global economic collapse? Today on TRUNEWS, Rick Wiles reports the highlights from today’s financial tsunamis, and Trump’s ‘Make America Safe Again’ speech
Date: 1st Sep 2016 04:38 PM Continent: Australia – New-Zealand Country: New Zealand Location: Ruatoria, Gisborne Magnitude: 7.2
A very strong and shallow earthquake registered by the USGS as M7.1 hit near the coast of North Island, New Zealand at 16:37 UTC on September 1, 2016. The agency is reporting a depth of 30.7 km (19 miles). New Zealand’s GEONET is reporting M7.1 at a depth of 55 km (34.1 miles).
The epicenter was located 144.8 km (90 miles) ENE of Opotiki (population 4 044), 145.8 km (90.6 miles) NNE of Gisborne (population 34 274) and 167.9 km (104.3 miles) ENE of Whakatane (population 18 602), New Zealand.
There are about 792 people living within 100 km (62 miles).
The same region was hit by a M5.8 earthquake at 22:04 UTC on August 31, 2016, at a depth of 22.4 km (13.9 miles).
NASA astronauts Jeff Williams and Kate Rubins will take a spacewalk Thursday (Sept. 1) starting at about 8:10 a.m. EDT (1200 GMT)
On Sept. 1, the moon will pass in front of the sun, creating a brilliant ring of sunlight visible from areas around the southern Indian Ocean. Read our full preview: See a ‘Ring of Fire’ Annular Solar Eclipse Thursday Via Slooh Webcast
When the moon creates a ring of sunlight during an eclipse instead of completely blocking the solar disk, it’s known as an annular eclipse or “ring of fire” eclipse. And although the Sept. 1 event won’t be a total eclipse of the sun (or of the heart), it will still be a stunning sight leading up to another annular eclipse in February 2017 and the total solar eclipse in August 2017.
The best place to view the Sept. 1 annular eclipse will be southern Africa. About a 10-hour drive south of Dar es Salaam, Tanzania, observers will find the best views of the eclipse, Pasachoff said. Viewers will be able to see the moon cross paths with the sun on Sept. 1 at 9:08 a.m. local time, which is 2:08 a.m. EDT (0608 GMT)
If you can’t make it out to Tanzania this time around, you can track the eclipse from NASA’s interactive Google map or keep up with detailed charts and predictions on sites like Eclipsewise.com.
To get a glimpse of this celestial event, Jay Pasachoff, an astronomer at Williams College in Massachusetts, will be traveling to Réunion, an island east of Madagascar. He’ll also be chasing down February’s annular eclipse in Chile.
“I think only dedicated amateur astronomers will be traveling like this for the annular eclipse,” Pasachoff told Space.com. “It’s fun to do, but it’s not as dramatic [as a total eclipse]. But for the total eclipse, then we would like to encourage everybody to travel to try to get into that path of totality.”
(The path of totality is the region where the moon will appear to completely cover the disk of the sun).
What causes an annular eclipse?
Solar eclipses occur when the moon comes between the Earth and the sun, lining up with the sun as seen by spectators on Earth. In a total solar eclipse, the moon lines up perfectly with the sun and blocks out all light. But in an annular eclipse, the moon doesn’t completely cover the sun; this is possible because the orbits of both the Earth and the moon are elliptical (that is, not perfectly circular).
“Earth’s orbit is a little elliptical, and the moon’s orbit is a little more elliptical, so sometimes, [the moon is] a little further away from us than at other times,” Pasachoff said. “When it’s relatively far away, it’s a little smaller in angle, and it’s too small to cover the whole everyday solar disk.”
As a result, the edges of the solar disk peek out from behind the shadow of the moon, leaving a ring of sunlight.
Every 18 months or so, there is one annular eclipse and one total solar eclipse somewhere on Earth. Eclipses don’t occur every time the moon passes between the Earth and the sun because the moon’s orbit is tilted about 5 degrees compared to the Earth’s orbit around the sun. When the moon’s shadow crosses the sun but its center doesn’t align exactly with the center of the sun, it’s known as a partial solar eclipse — when the moon sits either a little too high or too low to totally cover the sun.
The Sept. 1 eclipse is slated to last for just over 10 minutes, so there’s no need to camp out for a long haul. But just like with any skywatching event, it’s important to take precautions, especially so that you don’t damage your eyes. WARNING: Looking directly at the sun, even during an annular eclipse, can lead to blindness and permanent eye damage if you aren’t wearing proper eye protection.
To safely watch an annular eclipse, you’ll need special protective eyewear or eclipse glasses. Basic sunglasses, even those with UV protection, will not sufficiently protect your eyes. If you’re planning on documenting the eclipse with any photo equipment, there are special solar filters you can add to make sure the remaining ring of sunlight doesn’t take a toll on your vision. (However, Pasachoff suggested that you avoid messing with equipment if you don’t want to miss the spectacle.) The safest way to observe an eclipse is indirectly, using a pinhole camera that can be made easily at home.
“Dedicated amateur astronomers may have telescopes, but what we really recommend for first-time viewers is just to watch,” Pasachoff said. “A total eclipse is such a dazzling event that you really would be better off just enjoying the spectacle rather than busying yourself with camera settings.”
If you must document it, a simple wide-angle snap should capture the moment, even if you’re using your smartphone camera.
When is the next eclipse?
Another annular solar eclipse will occur Feb. 26, 2017, with the point where the eclipse will appear to last the longest located off the eastern coast of South America. The next highly anticipated total solar eclipse, set to take place Aug. 21, 2017, is being called the “Great American Eclipse” because the best viewing locations will be within the continental U.S. For this event, Pasachoff said now is the time to make necessary travel plans and reservations if you want to observe the eclipse within the path of totality.
Holidays begin at sundown on the evening of the previous day.
Feast of Trumpets 2016 – October 3rd 4th, 2016
Tonight – September 1, 2016 – Neptune comes closest to Earth for the year. It reaches opposition – when it is most opposite the sun from Earth for this year – on September 2. By closest, we don’t mean close. Neptune lodges in the outskirts of our solar system and at opposition lies 29 times farther away from Earth than Earth lies from our sun.
Neptune is said to be at opposition – opposite the sun in Earth’s sky – whenever our planet Earth in its orbit passes between the sun and Neptune. That’s what’s happening over the next couple of days.
Because we’re more or less between it and the sun around now, Neptune is rising in the east around the time of sunset, climbing highest up for the night around midnight and setting in the west around sunrise.
As viewed from Earth now, this world is in front of the constellation Aquarius the Water Carrier.
Opposition is a special event. When any planet outside of Earth’s orbit is at or near opposition, Earth comes closest to that planet for the year, and that planet, in turn, shines most brightly in our sky. Even at opposition, however, Neptune, the eighth planet outward from the sun, is not all that close and it’s not all that bright.
In fact, Neptune is the only major solar system planet that’s absolutely not visible to the unaided eye. This world is about five times fainter than the dimmest star that you can see on an inky black night. You’ll need binoculars (at least) and a detailed sky chart to see Neptune in front of the constellation Aquarius.
Even at that, it’ll only look like a faint star. Many sky watchers will find the faint star Lambda Aquarii with the unaided eye and then star-hop to Neptune.
Neptune, the fourth-largest planet, is just a touch smaller than Uranus, the third-largest. You’d have to line up four Earths side by side to equal the diameter of either planet.
Okay, so it’s unlikely you’ll see Neptune unless you have optical aid and a detailed star chart. But there are four other planets in the evening sky now. First, look for the Saturn and Mars, as shown on the chart below.
It’s pretty easy to spot them anytime during the evening hours, that is, from sunset until a few hours later, as seen from around the globe.
Now here are two more planets, which are a little tougher to see because they’re near the sunset. You have to look outside shortly after the sun goes down. On the other hand, Venus and Jupiter are the two brightest planets. Plus the moon is moving past them, beginning on September 2.
Bottom line: On September 1, 2016, the Earth is about to swing in between the sun and Neptune. On this day, Neptune comes closest to Earth and shines at its brightest for the year. Yet … you’ll still need good binoculars on a tripod or a telescope to spot Neptune.
Thursday, September 1
• This evening the Saturn-Mars-Antares triangle is perfectly isosceles: 6.1, 6.1, and 4.9 degrees on a side (at nightfall in the Americas). Think photo opportunity.
• An annular eclipse of the Sun crosses central Africa from Gabon to Madagascar today. The eclipse is partial for most of Africa and the Indian Ocean. Maps and details.
• Accordingly, it’s new Moon (exact at 5:03 a.m. Eastern Daylight Time).
Friday, September 2
• A twilight challenge: Shortly after sunset, use binoculars or a wide-field scope to start looking for the super-thin crescent Moon near Jupiter and Venus in the bright sky just above the west-southwest horizon, as shown at right. The Moon will be much easier tomorrow.
Saturday, September 3
• Shortly after sunset, the crescent Moon low in the west-southwest points the way lower right to Venus and lesser Jupiter, as shown at right.
Elite Antichrist Communist North Korean soldiers are being armed with “nuclear backpacks”, a source has claimed as tensions increase over the authoritarian state’s attempts at military escalation.
An anonymous source told Radio Free Asia special units have been formed since March to carry the weapons and had been taking part in simulated training exercises with dummy bombs.
“Outstanding soldiers were selected from each reconnaissance platoon and light infantry brigade to form the nuclear backpack unit the size of a battalion,” the source from Antichrist Communist North Hamgyong province was quoted as saying.
The supposed weapons were said to weigh between 10 and 30 kilograms and be able to “spray radioactive material”, possibly uranium, on the enemy.
One of the recurring criticisms of Obozo’s landmark Nuclear deal with Antichrist Iran is that in Obozo’s scramble to get a formalized agreement, he had implemented many loopholes allowing Iran substantial leeway far beyond what was disclosed for public consumption. And, in the latest blow to US foreign policy under the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration, a new report confirms precisely that. According to Reuters, the United States and its negotiating partners agreed “in secret” to allow Iran to evade some restrictions in last year’s landmark nuclear agreement in order to meet the deadline for it to start getting relief from economic sanctions.
The report is to be published on Thursday by the Washington-based Institute for Science and International Security, said the think tank’s president David Albright, a former U.N. weapons inspector and co-author of the report. It is based on information provided by several officials of governments involved in the negotiations, who Albright declined to identify.
“The exemptions or loopholes are happening in secret, and it appears that they favor Iran,” Albright said.
Among the exemptions were two that allowed Iran to exceed the deal’s limits on how much low-enriched uranium (LEU) it can keep in its nuclear facilities, the report said. LEU can be purified into highly enriched, weapons-grade uranium. The exemptions, the report said, were approved by the joint commission the deal created to oversee implementation of the accord. The commission is comprised of the United States and its negotiating partners — called the P5+1 — and Iran. One reason for the exemptions is that, according to one senior “knowledgeable” official, if the joint commission had not acted to create these loopholes, some of Antichrist Iran’s nuclear facilities would not have been in compliance with the deal by Jan. 16, the deadline for the beginning of the lifting of sanctions.
Which means Obozo lied: the U.S. administration has said that the world powers that negotiated the accord – the United States, Russia, Antichrist Communist China, Britain, France and Germany – made no secret arrangements. A White House official, speaking on condition of anonymity, said the joint commission and its role were “not secret.” He did not address the report’s assertions of exemptions.
What was the significance of the secret loopholes? As Reuters reports it meant that as a result of the process, it would make it impossible to know just how much weapons-grade uranium Antichrist Iran could yield, arguably the biggest sticking point of the entire agreement.
As part of the concessions that allowed Antichrist Iran to exceed uranium limits, the joint commission agreed to exempt unknown quantities of 3.5 percent LEU contained in liquid, solid and sludge wastes stored at Antichrist Iranian nuclear facilities, according to the report. The agreement restricts Antichrist Iran to stockpiling only 300 kg of 3.5 percent LEU.
The commission approved a second exemption for an unknown quantity of near 20 percent LEU in “lab contaminant” that was determined to be unrecoverable, the report said. The nuclear agreement requires Iran to fabricate all such LEU into research reactor fuel.
If the total amount of excess LEU Antichrist Iran possesses is unknown, it is impossible to know how much weapons-grade uranium it could yield, experts said.
Additionally, the deal allowed Antichrist Iran to meet a 130-tonne limit on heavy water produced at its Arak facility by selling its excess stock on the open market. But with no buyer available, the joint commission helped Tehran meet the sanctions relief deadline by allowing it to send 50 tonnes of the material – which can be used in nuclear weapons production – to Oman, where it was stored under Antichrist Iranian control, the report said.
Albright said the exceptions risked setting precedents that Antichrist Iran could use to seek additional waivers. Furthermore, these behind the scenes arrangement with Antichrist Iran have certainly empowered the Tehran regime to believe it has the upper hand in bilateral relations with the west, which may have led to such debacles as Iran arresting US navy crews or encouraging “close encounters” with US ships in the Straits of Hormuz.
Albright served as an inspector with the U.N. International Atomic Energy Agency (IAEA) team that investigated former Iraqi President Saddam Hussein’s nuclear weapons program. While Albright has neither endorsed nor denounced the overall agreement, he has expressed concern over what he considers potential flaws in the nuclear deal, including the expiration of key limitations on Antichrist Iran’s nuclear work in 10-15 years.
To be sure, it wasn’t just Obozo who kept the details from the public – Congress was likewise complicit. The administration of President Barack Obozo informed Congress of the exemptions on Jan. 16, said the report. Albright said the exemptions, which have not been made public, were detailed in confidential documents sent to Capitol Hill that day – after the exemptions had already been granted.
Still, some deny this was the case: Democratic Senator Bob Menendez, a leading critic of the Antichrist Iran deal and a senior member of the Senate Foreign Relations Committee, told Reuters in an email: “I was not aware nor did I receive any briefing (on the exemptions).”
Reuters conveniently notes that “the report’s assertions are likely to anger critics of the nuclear deal.” It may also boost Trump’s polling, as he has has vowed to renegotiate the agreement if he’s elected, while Democrat Hillary 911 Clinton supports the accord. It is unclear if and how much cash Antichrist Iran or its proxies may have donated to the 911 Clinton foundation.
In a very strange set of coincidences, this September 11th may see Antichrist Muslim Americans celebrating their holiest sacrificial festival while the rest of the country mourns one of the most horrific days in United States history.
Like all Antichrist Muslim holidays, the festival of Eid al-Adha, known as Eid, is determined by the Antichrist Muslim calendar, which varies greatly from year to year. The calendar is set in Antichrist Mecca and based on the sighting of the new moon. If the moon is sighted on September first, then Eid, the Antichrist Feast of the Sacrifice, will fall on the anniversary of one of America’s worst terror attacks.
This will be the first time since 9/11 that any Antichrist Muslim holiday falls on the date, raising questions and concerns about how Antichrist Muslims will celebrate on a day of mourning for all other Americans.
The Antichrist holiday of Eid also happens to represent a serious conflict between Antichrist Islam and Judeo-Christian Biblical tradition. It honors Abraham’s willingness to sacrifice his son, a well-established Biblical event, but revises Genesis, putting Ishmael in Isaac’s place.
The Antichrist Koran mentions the sacrifice but does not specify which son was chosen. However, Antichrist Muslim tradition claims it was Ishmael, the patriarch of Antichrist Islam, that lay on the altar. This contradicts the Bible, which clearly states that Isaac, the patriarch of both Christianity and Judaism, was specified by God to be the sacrifice.
And [God] said: ‘Take now thy son, thine only son, whom thou lovest, even Yitzchak, and get thee into the land of Moriah; and offer him there for a burnt-offering upon one of the mountains which I will tell thee of.’ Genesis 22:2
In another significant difference in the narrative, Antichrist Islam holds that the site of the altar was the Kaaba in Antichrist Mecca, the holiest site in Antichrist Islam and the destination for the Antichrist hajj pilgrimage. According to Jewish tradition (and the Bible), the site of the sacrifice was Mount Moriah, which later became the location of the Temple Mount.
The unfortunate confluence of September 11th and a public Antichrist Muslim celebration dredges up an uncomfortable and contentious topic. Celebrations in American-Arab communities in New Jersey on the actual day of the attack – in honor of the attack – were widely reported in the press, with eyewitness reports cited and prominent officials quoted.
The purpose of this study is to illustrate the Fall Feasts of YHVH for 2016 or the close of 5776. Based on the Creation Calendar, the Fall Feasts are synchronized with the celestial signs or eclipses. The Feasts of Trumpets is conjoined with the 1st of September which is the Feast of Yom Teruah or the Feast of Trumpets, Rosh HaShana. Subsequently, Yom Kippur falls on 9-11 in 2016.
The 3rd Fall Feasts of YHVH, that of Sukkot falls on the lunar eclipse on September 16, 2016. The lunar eclipse will a Penumbral type, the solar eclipse will be an Annular type. However if one uses the Rabbinical Calendar, the Fall Feasts our in October a month later. The only celestial distinction in this sequence is that the yearly Great Sign of Virgo occurs on Rosh HaShanah, which is starting on October 3, 2016.
Synchronized to the Creation Calendar
SEP 1 Rosh HaShanah
Annular Solar Eclipse
SEP 11 Yom Kippur
SEP 15 Sukkot
Penumbral Lunar Eclipse
Synchronized to the Rabbinical Calendar
OCT 3 Rosh HaShanah
OCT 12 Yom Kippur
OCT 17 Sukkot
From the 6-Day War to capture the
Jun 7, 1967 to Sep 11, 2017 = 50 years, 3 months, 4 days excluding the end date
From Yom Kippur of 1965
Sep 24 1966 to Sep 11, 2017 = 50 years, 11 months, 18 days excluding the end date
Based on the Rabbinical Calendar the yearly Virgo Sign occurs usually with the months of September or October, most notably in September. The Fall Feast star off with Rosh HaShanah on Oct 3, which is the Sign of Virgo.
The monumental Arch of Palmyra in Syria was a UNESCO World Heritage Site from the 3rd century AD until it was destroyed by Antichrist ISIS in October of 2015. The triumphant Roman archway was thought to have been built as part of a military victory. In April this year, the Institute for Digital Archeology installed a replica, to scale, in London’s Trafalgar Square.
September 19th, 2016 the Institute for Digital Archeology will bring the Arch of Palmyra replica to New York City
“The Empire is befuddled,” at Brexit, exclaims Nigel Farage, telling Alex Jones that globalist establishment is clueless on how to regain control. In a wonderfully frank interview, Farage explained that the establishment’s “problem is that it’s fighting this argument on several fronts at once.”
“We’ve got the American elections going on, we’ve got a big referendum coming up in Hungary on migrant quotas from Germany, we’ve got a rerun of the Austrian presidency where the right-wing candidate was cheated by false votes,” Farage said. “So they’ve got a real problem, they’re fighting us now on a whole series of fronts.”
“What will they do to fight back? I don’t know the answer to that yet, and you know something? Nor do they.”
“Brexit is the first strike-back against this phenomenon of the big banks, the big businesses, effectively owning politics, willfully destroying nation-state democracy, getting rid of that thing our forbearers actually fought and shed their blood to create and to preserve our liberties and our freedoms,” he continued. “All of that being taken away and suddenly in a referendum that no one said we could win, and we’ve done it.”
“What we’ve done is given inspiration to freedom fighters right across the Western World.”
Farage then broke down how Hillary 911 is aligned with the globalist agenda and how the US elections are crucial to the fight against globalism.
“Hillary 911 represents everything that has gone wrong in our lives over the last couple of decades,” he said. “She is part of that phenomenon where all that seems to matter now is corporatism.”
“The big, global companies who want to set the rulebooks to effectively put out of business any small or medium-size competitors.”
And Hillary 911 loves the supranational global-type bodies which are accountable to nobody, Farage continued.
“I think she sees the European Union as a prototype for an even bigger form of world government,” he stated. “If you want nothing to change at all, if you want to continue with the kind of cronyism that we see with the Clinton Foundation, if you want things to stay the same, vote for 911 Hillary.”
Farage also commented on Hillary 911’s public criticism of his recent US visit to speak at a Trump rally in Mississippi.
“Can I please use this opportunity to thank Hillary 911 Clinton from the bottom of my heart for doing what she’s done?” asked Farage with a chuckle. “She’s raised my profile massively in this presidential election. So 911 Hillary, thank you.”
Full interview below…
Israeli embassy in Washington looking into possibility of Antichrist Prime Minister 911 Netanyahu flying to Washington from New York following his UN General Assembly address in September; PM potentially looking to sign military aid package deal before Obozo’s term expires.
Efforts are being made to arrange a meeting between Prime Minister Benjamin 911 Netanyahu and Antichrist NWO 666 President Barack Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown in September after the Israeli leader addresses the UN General Assembly.
Netanyahu 911 is scheduled to land in New York on September 21 and, in addition to his speech at the General Assembly, is expected to meet with the UN Secretary-General Ban Ki-moon and participate in a meeting between European heads of state.
The Israeli embassy in Washington is currently discussing with the White House whether it would be possible for Netanyahu 911 to fly from New York to Washington and meet with Antichrist NWO 666 President Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown.
The idea was also raised that if such a meeting were to take place, 911 Netanyahu could sign a military aid package deal for the next decade. Indeed, the Israeli prime minister has already declared his inetrest in signing the agreement prior to the conclusion of Obozo’s presidency.
The Antichrist US and Israeli discussions on the deal have already been underway for a number of months. Antichrist Defense Minister Avigdor Lieberman met with Antichrist Transvestite US Secretary of Defense Ashton Carter in Washington in June and despite acknowledging disagreements, he has estimated that the deal could be signed before The Jewish New Year (Rosh Hashana) on October 2.
Whether the outcome of the deal could be adversely affected by Israel’s Wednesday announcement to retroactively approve hundreds of new housing units in the West Bank, is yet to be seen.
The Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration did, however, makes its opinion known when a White House spokesperson, Josh Earnest, heaped criticism on Israel’s decision.
“This significant expansion of the settlement activity poses a serious and growing threat to the viability of a two state solution,” said Earnest on Wednesday
An explosion has rocked the SpaceX launch site in Florida.
A SpaceX booster rocket exploded on the launch pad in Cape Canaveral, Florida, as tropical storm Hermine bore down on the area. The cause for the explosion is yet unknown. According to NBC, buildings several miles away shook from the blast, and multiple explosions continued for several minutes. A cloud of dark smoke filled the overcast sky.
Tropical Storm “Hermine” is strengthening and is expected to become a hurricane before Florida landfall occurs tonight or early Friday, September 2 (local time).
If Hermine becomes a hurricane before it reaches the coast, it will be Florida’s first hurricane landfall in almost 11 years. Life-threatening surge, tornadoes, and flooding rains are expected.
When it comes to accounting conventions, the Fed and the BOJ differ in one major way: unlike the Federal Reserve, the BOJ counts its bond holdings at the purchase price, minus amortization costs. In the old days before NIRP this wasn’t an issue because with positive yields, it meant that with time, the value of any central bank bond purchases would accrete through maturity and never lead to a booked loss; however under NIRP, it means that the BOJ is purchasing hundreds of billions in bonds at prices that are so high they guarantee a loss, meaning that by maturity the central banks will face a cumulative loss on the face value of recent bond purchases.
From a purely accounting standpoint, it means that a gap has opened on the BOJ’s balance sheet, representing the difference between the book and face value of the central bank’s monetizations.
How big is the gap? According to Bloomberg as of August, the delta between the balance sheet and face value has ballooned to some 8.7 trillion yen, or $84 billion.
That “gap” is the difference between the 326.7 trillion yen in BOJ bond purchases at face value, and where they are marked on the balance sheet in August, or 335.4 trillion yen. That gap is 42% bigger than before the introduction of negative rates in January, and rapidly rising. At the end of the 2015 fiscal year on March 31, the gap between the two valuations was 6.4 trillion yen and the BOJ wrote down 874 billion yen, according to documents seen by Bloomberg. That was covered by the 1.29 trillion yen in coupon income the bank received that year. However, since the coupon of all current and future purchases are negligible, the BOJ will see limited future current income, and thus will have to resort to other means to plug the balance sheet gap.
“These numbers show the distortions of the BOJ’s current policies,” said Sayuri Kawamura, a senior economist at the Japan Research Institute in Tokyo. “The annual amortization losses are going to increase and consume the BOJ’s profits, and the risk is increasing that the bank’s financial stability will be shaken.”
As Bloomberg adds, “while not an immediate problem because the BOJ’s income can cover the losses, the widening gap raises questions about the sustainability of the central bank’s bond purchases, which Governor Haruhiko Kuroda has said could be expanded.”
The BOJ did not have much to say about this troubling decoupling which will eventually require the BOJ to plug the hole: Tadaaki Kumagai, a spokesman for the central bank, said “the BOJ releases half-yearly and yearly accounts,” while declining to comment further.
With the gap between the two valuations even larger now, it “would probably be a pretty safe bet” that the losses the BOJ will book for this fiscal year will increase from 2015, according to Naomi Fink, the chief executive officer of Europacifica Consulting. As Bloomberg puts it, “while when those losses may exceed its income is unknown, with the bank buying more high-price, low-income bonds, that time will probably come soon.” Fink said that under some scenarios, this could even happen this fiscal year.
How much losses can the BOJ absorb? The central bank currently has 2.69 trillion yen in a reserve to draw on to pay for bond losses.
“In preparation for an eventual exit from stimulus, the BOJ last year started adding to its reserves to guard against bond losses, but if profits decline, there’s a chance that they won’t be able to continue that,” Japan Research Institute’s Kawamura said. “It’s a pretty dangerous situation now, even before they start to exit.”
At the current pace it is virtually assured that the BOJ’s reserves will be depleted in the not too distant future. At that point the BOJ will have to approah the government to change legislation, allowing it to short up capital for future losses. How the market will respond to such an unprecedented central bank bailout is unknown.
When we reported on the stunning collapse of South Korea’s Hanjin Shipping, the country’s largest shipping firm and the world’s seventh-biggest container carrier, which earlier today was granted court receivership after losing the support of its banks, we speculated that “the global implications from the bankruptcy are unknown: if, as expected, the company’s ships remain “frozen” and inaccessible for weeks if not months, the impact on global supply chains will be devastating, potentially resulting in a cascading waterfall effect, whose impact on global economies could be severe as a result of the worldwide logistics chaos.”
We did not have long to wait for the aftershocks to emerge. As we first reported last night, just hours after the insolvency news hit the tape, three Hanjin ships promptly found themselves stranded off the California coast, stuck – together with the hundreds of tons of cargo – in legal and financial limbo.
That was just the beginning and as Reuters updates this morning, more Hanjin vessels have been seized at Antichrist Communist Chinese ports, “further roiling the industry as freight rates jump and manufacturers scramble for alternatives.”
The Korea International Trade Association said on Thursday that about 10 Hanjin vessels in China have been either seized or were expected to seized by charterers, port authorities or other parties. That adds to one other ship seized in Singapore by a creditor earlier this week.
After Hanjin’s banks decided to end financial support for the shipper, which immediately catalyzed its insolvency proceedings, many of its vessels have either been denied entry to ports or unable to dock as container lashing providers worry that they will not be paid. This includes the port of Busan, South Korea’s largest.
Seeking to contain the fallout, a South Korean court said it would soon begin proceedings to rehabilitate the carrier – which would allow Hanjin to take legal action in other countries to keep its ships and other assets from being seized. So far it appears to have failed, as reports of “frozen”, and stranded container carriers emerge by the hour. Furthermore the task is moot: the court’s move to rehabilitate the world’s seventh-largest container shipper is seen as mainly procedural, and an eventual liquidation of assets is most likely.
“Unlike dry cargo, liner shipping is all about marketing and service reliability – we haven’t seen any large carriers come back from collapse,” said Rahul Kapoor, a director at maritime consultancy Drewry Financial Research Services. “There is a loss of faith among customers. It’s very unlikely Hanjin can come back from the ashes.”
Realizing a major global trade vacuum has opened up, rivals such as Hyundai Merchant Marine announced they would deploy at least 13 of its ships to two routes exclusively serviced by Hanjin, while the South Korean government also plans to reach out to overseas carriers for help.
However, a lengthy period of time will pass before the Hanjin void is filled. In the meantime, freight rates routes where Hanjin operates have surged. The cost of shipping a 40-foot container on the Busan-Los Angeles route has jumped about 55 percent, from $1,100 to around $1,700, according to South Korea-based freight forwarder Pantos Logistics. Rates between South Korea and the U.S. east coast via Panama have risen about 50 percent to $2,400, it added.
The most direct impact of this price surge will be borne by South Korean exporters: state-run think tank Korea Maritime Institute estimated that shipping rates on Busan to U.S. routes would rise 27% and Busan to Europe routes would rise 47% in the near term, causing Korean exporters additional shipping costs of about 440.7 billion won per year.
For South Korea, where approximately 50% of GDP is in the form of net exports, the hit would be substantial.
Soaring transportation costs are just the start, as South Korean conglomerates are now scrambling to find alternatives. LG Electronics, the world’s No.2 maker of TVs, told Reuters it was cancelling orders with Hanjin and was seeking alternatives to ship its freight. It is also making contingency plans for cargo already on board Hanjin ships in the event the vessels are seized.
But, the most troubling outcome is that, as we predicted yesterday, “the impact on global supply chains will be devastating, potentially resulting in a cascading waterfall effect.” This is already manifesting itself in the quietly creeping chaos that has gripped the global logistics industry, as operators realize what has happened.
South Korea’s maritime ministry said on Wednesday that Hanjin’s woes would affect cargo exports for two or three months, with about 540,000 TEU of cargo already loaded on Hanjin vessels and facing delays. Unfortunately, in a “just in time” delivery world, 2-3 months of cargo delays will result in havoc, as countless tolling, and intermediary operations suddenly find themselves without critical components to engage in production, bottlenecking overall production indefinitely.
As expected, Reuters says the Korea International Freight Forwarders Association said it has been inundated with calls from cargo owners worried about the fate of their shipments in transit to the United States and Europe. Since many of the ships have been seized and are now in legal limbo, nobody can provide an update. And while mobile phones and semiconductors are carried by air, other electronics like home appliances are shipped by sea.
Finally, putting the bankruptcy in context, according to Alphaliner, Hanjin accounts for 7% of Far East-North America container trade, or, in dollar terms, hundreds of billions of dollars. According to its website, Hanjin served 60 routes in 35 countries, connecting more than 90 major ports and 6,000 destinations around the globe. The company’s complete route atlas can be found here.
“This will have an impact on the entire industry,” said Cho Kyung-kyu, a director at the Freight Forwarders association. Judging by the panicked response by cargo owners, the impact has already arrived, now the only questions are i) how to quantify it, and ii) how long until corporations and economists use the supply-chain logjam as a scapegoat to justify the “unexpected” swoon in Q3 economic and profitability metrics.
September 2 – Neptune at Opposition – 16:23 UTC. Planet Neptune will be at its closest approach to Earth and its face will be fully illuminated by the Sun. It will be brighter than any other time of the year and will be visible all night long.
September 16 – Penumbral lunar eclipse – 18:55 UTC. A penumbral lunar eclipse occurs when the Moon passes through the Earth’s partial shadow, or penumbra. During this type of eclipse, the Moon will darken slightly but not completely. The eclipse will be visible throughout most of eastern Europe, eastern Africa, Asia, and western Australia.
April 1969 saw the release of what would soon become Credence Clearwater Revival’s second gold single. Bad Moon Rising’s popularity quickly secured it a permanent spot in rock history. But it was also headed somewhere else, if not everywhere else, to places the young rockers never saw coming. In hindsight, it can only be said that while their music was great, their lawyer was lousy.
Why is that? Because, for years now, writers for both the big and small screen and all manner of productions have found the song’s addictive rhythm and lyrics impossible to resist and as a bonus, easy picking. Listen and you’ll hear it in An American Werewolf in London, My Fellow Americans, Twilight Zone: The Movie, Blade, Sweet Home Alabama, My Girl, Man of the House, Mr. Woodcock and (in the personal favorite department), The Big Chill. As for television, you’ll recognize the tune in Supernatural, Cold Case, Northern Exposure, The Following, The Walking Dead, Teen Wolf, and not to be relegated to the back of the line, Alvin and the Chipmunks, who belt out their own immensely irritating rendition.
There’s no doubt about it. John Fogerty hit a home run when he wrote Bad Moon Rising. As to why he wrote it and its meaning, he’s been quoted as calling it a description of, “the apocalypse that was going to be visited upon us.” And what of all those bad scenes visited upon Fogerty’s lyrics?
“We had no power in our contracts to veto where our music went. It was everywhere,” lamented Fogerty on the ubiquity of the song in a 2014 interview. “For every good movie you’ve heard it in – for example An American Werewolf in London, which was a pretty cool movie – there were at least 10 more that were awful.” To this day, it’s hard to predict just where that bad moon might next be rising.
The same cannot be said for investors, who happen to have a perfect predictor with which to position themselves for their rendering of a bad moon rising, as in an imminent recession. It’s called the yield curve and when it inverts, it’s time to start pondering the ramifications of the apocalypse that’s about to be visited upon the economy. Is ‘perfect’ too perfect a word?
In one word, no. In a different 2014 setting, back when he worked for LPL Financial, Schwab’s Jeffrey Kleintop noted that the yield curve’s track record was seven-for-seven, as in perfect when it came to predicting recession. Business Insider caught his remarks.
In the event you’re unfamiliar with the contorted concept, visualize a curve on a graph. Plotted are the bond yields (assume U.S. Treasurys in this case) against the length of time that remains between now and their maturity date. In a normal world, the shorter the maturity, the lower the yield. Investors should naturally expect to be paid less and less as the period of time shrinks over which they’ve assumed the risk of a bond price declining. With me? Hold bond for longer, chance price decline occurs higher. Got it.
An inverted yield curve, however, signals an economy is about to be turned upside down. Longer term yields tend to decline when the market foresees weak economic activity on the horizon. The weaker the outlook, the flatter the curve. Actual inversion is thus a process; it might begin to manifest in five-or-ten-year Treasurys having higher yields than the Long Bond, the 30-year. A full blown inversion doesn’t occur until the yields on the shortest-maturity, commonly quoted bonds, say the two-year, are higher than that of the longest maturity bonds.
To borrow from Kleintop’s succinct explanation: “The yield curve inversion usually takes place about 12 months before the start of the recession, but the lead time ranges from five to 16 months.”
As for the lead time leading up to the lead time, the U.S. Treasury curve began to flatten at the start of 2014. You may recall that in December 2013 the Fed announced it would begin to taper its purchases of securities, which at the time were $85 billion a month, and in doing so reduce the pace at which it was growing its balance sheet. Despite it being well past the time to start weaning the market, it didn’t take long for the worry to set in. Investors began to digest the prospects for the U.S. economy without the Fed blowing up its balance sheet in an attempt to stimulate the growth that eludes to this day – and they didn’t like what they saw.
The second volley arrived last December when the Fed finally hiked rates for the first time, triggering a further flattening in the yield curve. But wait. Wasn’t it just one teensy quarter of one percentage point? Well, yes. But as far as the bond market was concerned, starting points and deltas mattered.
The latest kick to the curve started with New York Fed President Bill Dudley’s and Federal Reserve Board Vice Chairman Stanley Fischer’s complacency castigations. The crescendo arrived with Janet Yellen echoing her two top lieutenants in sounding a bit more hawkish than she would have otherwise. The camaraderie on full display captured in images of the threesome emerging from the Jackson Hole meeting was the proverbial icing on the cake. It was sufficient to send the difference between the 10-year and two-year Treasury to 75 basis points, or hundredths of a percentage point, about where it is today.
In the event you’re still wondering what all the fuss is about, I’ll let Kleintop sum it up: “The peak in the stock market comes around the time of the yield curve inversion, ahead of the recession and accompanying downturn in corporate profits.”
But wait, you might be saying – we’re already in a full blown, protracted profits recession. Recall that Kleintop made his observations in 2014, long before the heat of the currency war really set in, triggering a race to the bottom of the unconventional monetary policy barrel. You just thought Quantitative Easing (QE) had long since ended. That’s true, but only as it pertains to the Fed.
In fact, you might not know it, but a two-year anniversary is upon us. Surely those in the Fed will raise a glass this October 29th to commemorate the end point of their ambitious exercise to expand the bank’s balance sheet. That is, unless they’re already contemplating Blowing Up the Balance Sheet, Part II.
(Don’t misunderstand. Those firmly in charge have always maintained that they would never dare allow the assets on the balance sheet to run off until rates were normalized and they pretty much knew that would never happen. In fact, the current campaign aims to move even those goalposts so the stated goal of normalization is that much more impossible to attain. What few appreciate is this is where the real action has been in recent years, the very source of animated discussions around that big conference room in the Eccles Building. Reinvestment, baby. That’s where it’s at. Pardon the lengthy digression.)
Getting back to the point of the yield curve, or what’s left of it, over the past two years, other central banks have more than made up for the Fed’s exit from the QE game. Aggregate purchases are nearing $200 billion per month creating a vacuum across other countries’ yield curves as the supply of eligible securities with positive yields dwindles.
According to the Financial Times’ math from earlier this month, “Three years ago the difference between two- and 10-year Treasurys, gilts (U.K.), Bunds (Germany), and Japanese government bonds was about 228 basis points (bps), 201 bps, 150 bps and 65 bps respectively. Despite a slight reversal, the same spread now stands at 87 bps, 61 bps, 55 bps and just 9 bps.”
The relative flatness of other major sovereign’s yield curves helps explain the rush into our Treasury market, all to secure some semblance of yield vis-à-vis the increasing number of countries whose sovereigns sport not just low, but increasingly negative yields. According to Bank of America Merrill Lynch data, at last count, we’re talking some $13 trillion, or roughly a third of the global fixed income debt market. (In case you missed it, that was a WOW moment.)
You may be wondering at this point — hopefully you are — why on earth the Fed would be trying to beat the band to hike rates when all they’ve got to work with is roughly 75 bps, give or take?? These days that question is raised just about every minute of every day, namely because so few can come up with a credible answer.
As for the incredible realm, one explanation is that the Fed is scared stiff it has nothing left in its toolbox to combat the next recession. Few major downturns have begun with the fed funds rate so perilously close to zero.
The ultimate Catch 22 is that the flatness of the yield curve makes any fantasy of a Fed rate hike all too real for a dead breed the world once knew as ‘bond market vigilantes.’ It’s altogether possible that one more hike would be all it takes to invert the yield curve. The rest, as history has never failed to repeat, would be just that – history. Should the Fed decide to ignore the warning flashing in the flattening yield curve, there could indeed be a bad moon on the rise over the U.S. economy.
September 22 – September equinox – 14:14 UTC. The Sun will shine directly on the equator, and there will be nearly equal amounts of day and night throughout the world. This is also the first day of fall (autumnal equinox) in the northern hemisphere and the first day of spring (vernal equinox) in the southern hemisphere. Equinoxes occur twice a year – in March and September – once when the Sun is traveling northwards, and once when it is traveling southwards. The position of the Sun at the moment of the March equinox is used to define the zero point of both right ascension and declination. At the September equinox, the Sun lies exactly opposite this point, at a right ascension of around 12 hours. In practice, this is not exactly the case, because of a phenomenon called the precession of the equinoxes. Over hundreds of years, the direction of the Earth’s spin axis in space changes because it acts like a gyroscope. This means that the location of the equinoxes creep across the sky at a rate of around 50 arcseconds each year. Astronomers quote right ascensions and declinations based on the configuration of the Earth’s path around the Sun on January 1, 2000. Even in the years that have passed since the year 2000, the precession of the equinoxes has moved them by several arcminutes.
September 26 – Jupiter at solar conjunction – 07:05 UTC. From our vantage point on the Earth, Jupiter will appear very close to the Sun in the sky as it passes around the far side of the solar system from the Earth. At closest approach, Jupiter and the Sun will appear at a separation of only 1°05′, making Jupiter totally unobservable for several weeks while it is lost in the Sun’s glare. At around the same time, Jupiter will also be at its most distant from the Earth – receding to a distance of 6.45 AU – since the two planets will lie on opposite sides of the solar system. If Jupiter could be observed at this time, it would appear at its smallest and faintest on account of its large distance. It would measure 29.9 arcsecs in diameter. Over following weeks and months, Jupiter will re-emerge to the west of the Sun, gradually becoming visible for ever-longer periods in the pre-dawn sky. After around six months, it will reach opposition, when it will be visible for virtually the whole night
NASA’s Juno spacecraft has executed the first of 36 orbital flybys on August 27, 2016, when it came about 4 200 km (2 500 miles) above Jupiter’s swirling clouds. It was Juno’s first flyby with instruments switch on and it sent back first-ever images of Jupiter’s north pole. What Juno saw was storm systems and weather activity unlike anything previously seen on any of our solar system’s gas-giant planets.
“First glimpse of Jupiter’s north pole, and it looks like nothing we have seen or imagined before,” said Scott Bolton, principal investigator of Juno from the Southwest Research Institute in San Antonio. “It’s bluer in color up there than other parts of the planet, and there are a lot of storms. There is no sign of the latitudinal bands or zone and belts that we are used to – this image is hardly recognizable as Jupiter. We’re seeing signs that the clouds have shadows, possibly indicating that the clouds are at a higher altitude than other features.”
One of the most notable findings of these first-ever pictures of Jupiter’s north and south poles is something that the JunoCam imager did not see.
“Saturn has a hexagon at the north pole,” said Bolton. “There is nothing on Jupiter that anywhere near resembles that. The largest planet in our solar system is truly unique. We have 36 more flybys to study just how unique it really is.”
Along with JunoCam snapping pictures during the flyby, all eight of Juno’s science instruments were energized and collecting data. The Jovian Infrared Auroral Mapper (JI-RAM), supplied by the Italian Space Agency, acquired some remarkable images of Jupiter at its north and south polar regions in infrared wavelengths.
“JIRAM is getting under Jupiter’s skin, giving us our first infrared close-ups of the planet,” said Alberto Adriani, JIRAM co-investigator from Istituto di Astrofisica e Planetologia Spaziali, Rome.
“These first infrared views of Jupiter’s north and south poles are revealing warm and hot spots that have never been seen before. And while we knew that the first ever infrared views of Jupiter’s south pole could reveal the planet’s southern aurora, we were amazed to see it for the first time. No other instruments, both from Earth or space, have been able to see the southern aurora. Now, with JIRAM, we see that it appears to be very bright and well structured. The high level of detail in the images will tell us more about the aurora’s morphology and dynamics.”
IMF not ready to give Greece another loan, the country needs to give up more. Caterpillar is laying off 2,000 in Belgium. US Government releases job numbers and they were terrible. More service jobs were added and manufacturing and construction lost jobs. Labor participation rate increased. Manufacturing continues to decline and factory orders plummet. Central Banks are purchasing their own bonds via backdoor operations. ECB testing the waters to start purchasing stock like the BoJ
It makes no sense to place sanctions on Russia for defending the embattled President Yanukovych from CIA backed coup leaders. But instead the US practices the prophetic words of Revelation; You can not buy or sale unless you take the mark.
Just as we predicted on a sleepy Friday afternoon ahead of a long weekend, The FBI has released a detailed report on its investigation into Hillary 911 Clinton’s use of a private email server while she was secretary of state, as well as a summary of her interview with agents, providing, what The Washington Post says is the most thorough look yet at the probe that has dogged the campaign of the Democratic presidential nominee.
Official FBI Statement:
Today the FBI is releasing a summary of former Secretary of State Hillary 911 Clinton’s July 2, 2016 interview with the FBI concerning allegations that classified information was improperly stored or transmitted on a personal e-mail server she used during her tenure.
We also are releasing a factual summary of the FBI’s investigation into this matter. We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests.
Appropriate redactions have been made for classified information or other material exempt from disclosure under FOIA. Additional information related to this investigation that the FBI releases in the future will be placed on The Vault, the FBI’s electronic FOIA library.
As The Washington Post adds, the documents released total 58 pages, though large portions and sometimes entire pages are redacted.
FBI Director James B. Comey announced in July that his agency would not recommend criminal charges against 911 Clinton for her use of a private email server. Comey said that 911 Clinton and her staffers were “extremely careless” in how they treated classified information, but investigators did not find they intended to mishandle such material. Nor did investigators uncover exacerbating factors — like efforts to obstruct justice — that often lead to charges in similar cases, Comey said.
The FBI turned over to several Congressional committees documents related to the probe and required they only be viewed by those with appropriate security clearances, even though not all of the material was classified, legislators and their staffers have said.
Those documents included an investigative report and summaries of interviews with more than a dozen senior 911 Clinton staffers, other State Department officials, former secretary of state Colin Powell and at least one other person. The documents released Friday appear to be but a fraction of those.
Clinton 911 campaign spokesman Brian Fallon has said turning over the documents was “an extraordinarily rare step that was sought solely by Republicans for the purposes of further second-guessing the career professionals at the FBI.”
But he has said if the material were going to be shared outside the Justice Department, “they should be released widely so that the public can see them for themselves, rather than allow Republicans to mischaracterize them through selective, partisan leaks.”
Though Fallon seems to have gotten his wish, the public release of the documents will undoubtedly draw more attention to a topic that seems to have fueled negative perceptions of 911 Clinton. A recent Washington Post-ABC News poll found 41 percent of Americans had a favorable impression of 911 Clinton, while 56 percent had an unfavorable one.
*CLINTON 911 DENIED USING PRIVATE EMAIL TO AVOID FEDERAL RECORDS ACT
*CLINTON 911 KNEW SHE HAD DUTY TO PRESERVE FEDERAL RECORDS: FBI
*COLIN POWELL WARNED CLINTON 911 PRIVATE E-MAILS COULD BE PUBLIC:FBI
*AT LEAST 100 STATE DEPT. WORKERS HAD 911 CLINTON’S E-MAIL ADDRESS
Hillary 911 Clinton used 13 mobile devices and 5 iPads to access clintonemail.com. The FBI only had access to 2 of the iPads and The FBI found no evidence of hacking on those 2…
And here is the email from Colin Powell telling her that emails would need to be part of the “government records”…
Full Report below…
The story of how 911 Hillary’s “personal” emails came to be deleted using, the now infamous, BleachBit is quite the tale. Below we attempt to piece together how the story unfolded per the recent FBI disclosures.
Here is a quick summary of the timeline of events:
February 2013 – Hillary 911 resigns from State Department
Spring 2013 – Hillary 911 aide Monica Hanley backs up Pagliano Server to Apple MacBook and a thumb drive
February 2014 – Monica Hanley attempts to upload Hillary 911 email archives to new Platte River Networks (PRN) server but encounters technical issues
Early 2014 – Monica Hanley mails Apple MacBook to Undisclosed PRN Staff Member to upload 911 Hillary email archives to new PRN server. Undisclosed PRN Staff Member then uploads 911 Hillary’s emails to a gmail account and then transfers them over to the new PRN server. The Undisclosed PRN Staff Member deletes most of the emails from gmail but indvertently leaves 940.
Early 2014 – Monica Hanley advises Undisclosed PRN Staff Member to wipe the Apple MacBook clean after uploading 911 Hillary’s emails to the new PRN server but he forgets to do it
Early 2014 – Undisclosed PRN Staff Member mails Apple MacBook back to 911 Clinton and it is promptly lost
December 2014 – Hillary 911 delivers 55,000 emails to State Department
December 2014 / January 2015 – Heather Samuelson and Cheryl Mills request emails be deleted from their computer using BleachBit
December 2014 / January 2015 – “Unknown 911 Clinton staff member” instructs PRN to remove archives of Clinton 911 emails from PRN server
March 2, 2015 – NYT releases an article showing that Hillary 911 used a personal email server in violation of State Department rules
March 4, 2015 – Hillary 911 receives subpoena from House Select Committee on Benghazi instructing her to preserve and deliver all emails from her personal servers
March 25, 2015 – Undisclosed PRN Staff Member has a conference call with “President 911 Clinton’s Staff”
March 25 – 31, 2015 – Undisclosed PRN Staff Member has “oh shit” moment and realizes he forgot to wipe 911 Hillary’s email archive from the PRN server back in December…which he promptly does using BleachBit despite later admitting he “was aware of the existence of the preservation request and the fact that it meant he should not disturb 911 Clinton’s e-mail data on the PRN server.”
June 2016 – FBI discovers that Undisclosed PRN Staff Member forgot to erase 940 emails from the gmail account he created to help with the PRN server upload
And now the details…
Hillary 911 resigned from the State Department in February 2013. Shortly thereafter, in “spring 2013”, 911 Hillary’s close aide, Monica Hanley, worked with Bill Clinton’s aide, Justin Cooper, to archive all of Hillary’s emails from the “Pagliano Server” that Clinton used to house her State Department emails while serving as Secretary of State. With Cooper’s assistance, Hanley was successful transferring all of Hillary’s emails from the “Pagliano Server” to an Apple MacBook with a duplicate copy saved to a “Thumb Drive”.
At that point, Hanley “forgot” to provide the archived emails to 911 Clinton’s staff. So apparently the Apple MacBook and Thumb Drive just stayed around Hanley’s house for a year.
Then in February 2014, Hanley decided it wasn’t the best idea to leave the email records of the former U.S. Secretary of State in her sock drawer forever. As such, she decided it was time to backup the archived emails to 911 Clinton’s new server hosted by Platte River Networks (PRN) in Denver, Colorado. Unfortunately, she was not successful with the remote backup and mailed the computer to an Undisclosed PRN Staff Member to help with the task.
Apparently, the Undisclosed PRN Staff Member also had difficulty uploading the emails to the new PRN server because the “Apple MacMail” format was incompatible with Microsoft Exchange. So, he/she came up with a workaround that involved transferring all of Clinton’s emails to a new gmail account and then exporting them to the PRN server.
Gmail is pretty safe, right?
Monica Hanley then advised the Undisclosed PRN Staff Member to “wipe the Archive Laptop” after the emails had been transferred to the new PRN server. But apparently he forgot to “wipe” and laptop and instead just deleted the old emails. But wouldn’t you know it…”Neither Hanely nor [Undisclosed PRN Staff Member] could identify the current whereabouts of the Archive Laptop or thumb drive containing the archive, and the FBI does not have either item in its possession.”
So the two pieces of physical hardware that could provide all the missing links in the Hillary email investigation have mysteriously gone missing. Anyone else find that odd?
Unfortunately, the “Undisclosed PRN Staff Member” was apparently not an “attention to detail” kind of guy as the FBI later discovered that he/she had left 940 of 911 Clinton’s emails on gmail. Of the 940 emails, 56 were classified as confidential and 302 were not included in the 55,000 page data dump to the State Department in December 2014.
Now this brings us all the way up to December 2014 when Clinton 911 sent the 55,000 pages to the State Department. Recall, as Politico previously reported, Hillary 911 brought in a former campaign staffer, Heather Samuelson (34 years old), to help determine which emails were “work related” and which “yoga related.”
Shortly after providing that data dump to the State Department, in “December 2014 or January 2015,” both Heather Samuelson and Cheryl Mills requested that all emails be removed from their computers using “a program called BleachBit to delete the e-mail-related files so they could not be recovered.”
For her part, “Clinton 911 stated she never deleted, nor did she instruct anyone to delete, her e-mails to avoid complying with FOIA, State or FBI requests for information.”
Of course not. Hillary 911 knew it would be a little too obvious to specifically instruct her staff to permanently delete the emails but she also knew it might be “inconvenient” to have them around. So, she simply “decided she no longer needed access to any of her e-mails older than 60 days.”
See? She never specifically said to delete anything she just made a simple administrative decision on document retention policies.
Then, on March 4, 2015, Hillary 911 received a subpoena from the House for all of her emails on her personal servers.
Which brings us to the “Oh Shit” moment.
On March 25, 2015, the Undisclosed PRN Staff Member had a “conference call with President 911 Clinton’s staff.” Apparently, in the days following that call, the Undisclosed PRN Staff Member had an “‘oh shit’ moment” when he realized he had forgotten to wipe the PRN server clean as he had been instructed to do back in December by Cheryl Mills.
Therefore, sometime within the 6 days after a call with “President 911 Clinton’s Staff,” that PRN server was wiped clean using BleachBit despite the subpoena from the House Select Committee on Benghazi received weeks earlier on March 4, 2016.
And, of course, the Undisclosed PRN Staff Member is the only person responsible for the deletion as Mills, Hillary, President 911 Clinton’s Office were all blissfully unaware of the actions of their rogue IT guy of Platte River Networks in Denver, Colorado.
Ironically, the rogue IT guy from PRN even admits to deleting the emails even though he “was aware of the existence of the preservation request and the fact that it meant he should not disturb Clinton’s e-mail data on the PRN server.”
Something tells us this “Undisclosed PRN Staff Member” is not going to make out as well as Hillary 911 when all the dust settles, which of course she can ‘wipe’ with a cloth:
As of today, it has been 273 (call it an absolute zero) days since 911 Clinton’s last formal press conference on December 4, 2015, something even the left-leaning WaPo and NYT have expressed outrage against. Naturally, as questions mount if and when the Democratic Presidential candidate will finally speak to the press, overnight 911 Clinton’s press secretary, Brian Fallon, had some good news, when he assured an ABC News podcast that she will hold regular press conferences, but under one condition.
That she is president, or as Nancy Pelosi might put it, “you have to elect her, to ask her questions.”
This is not a joke: this is how ABC put it, “Clinton’s lead press secretary, Brian Fallon, vowed that if elected, “Hillary 911 Clinton will hold press conferences.” And here we were worried that if elected, Hillary would serve 911 Clinton Foundation corporation and Middle Eastern donors for (at least) 4 years without speaking to the press at least once (an idea Trump may want to consider).
Fallon, seemingly unaware of how this statement sounded, added that “The amount of interaction can only go up,” noting that the traveling press will soon be flying with 911 Clinton on her new campaign plane.
“I’m sure that will bring with it a lot of opportunities for additional access to the candidate and interactions between her and the traveling press corps that covers her every day,” Fallon told ABC News’ chief White House correspondent Jonathan Karl, and political director Rick Klein on the podcast.
He continued: “we are very respectful of the press and the job that they have to do. We have done a lot of interviews, but I know that no matter how many questions we answer in a variety of formats, it is the press’s job to always demand more access. We respect that, and so we’re going to seek further ways to accommodate that in the remaining months of the campaign.”
So… maybe at least one more press conference before November 8?
Of course, it’s just the press that a “very respectful” Hillary 911 has shut out: as the NYT’s Amy Chozick put it, “Hillary 911 hasn’t been hiding this summer. She’s been answering constant questions… from the ultra wealthy.” In other words, if anyone wants to know what Hillary 911 is thinking just ask her. But first make sure you have at least 8 figures in your bank account, and are willing and able to “donate” a substantial portion of it.
At a private fund-raiser Tuesday night at a waterfront Hamptons estate, Hillary 911 Clinton danced alongside Jimmy Buffett, Jon Bon Jovi and Paul McCartney, and joined in a singalong finale to “Hey Jude.”
Mr. Trump has pointed to Mrs. 911 Clinton’s noticeably scant schedule of campaign events this summer to suggest she has been hiding from the public. But Mrs. 911 Clinton has been more than accessible to those who reside in some of the country’s most moneyed enclaves and are willing to spend hundreds of thousands of dollars to see her. In the last two weeks of August, Mrs. 911 Clinton raked in roughly $50 million at 22 fund-raising events, averaging around $150,000 an hour, according to a New York Times tally.
What the NYT is really telling us is that just as Hillary 911 collected anywhere between $150 and $250k per hour-long “speech” before her presidential campaign from influence peddling corporations and sovereigns, she is now doing… pretty much the same.
And while Mrs. 911 Clinton has faced criticism for her failure to hold a news conference for months, she has fielded hundreds of questions from the ultrarich in places like the Hamptons, Martha’s Vineyard, Beverly Hills and Silicon Valley.
Hillary 911 Clinton arrived last Sunday for a fund-raiser at a private
home in North Haven, N.Y.
It also appears that 911 Hillary’s a la carte pay-to-play menu has expanded:
For a donation of $2,700, the children (under 16) of donors at an event last month at the Sag Harbor, N.Y., estate of the hedge fund magnate Adam Sender could ask Mrs. 911 Clinton a question. A family photo with Mrs. 911 Clinton cost $10,000, according to attendees.
The Rotschilds were particularly caring:
Lady Lynn Forester de Rothschild, a backer of Democrats and a friend of the 911 Clintons’, made sure attendees did not grill Mrs. 911 Clinton at the $100,000-per-couple lamb dinner Mrs. Forester de Rothschild hosted under a tent on the lawn of her oceanfront Martha’s Vineyard mansion.“I said, ‘Let’s make it a nice night for her and show her our love,’”
Mrs. Forester de Rothschild said.
Justin Timberlake, just another member of the middle class, was especially thrilled with a recent close encounter with the presidential candidate “for the people.”
But for once, the damning condemnation belongs to the NYT:
“If Mr. Trump appears to be waging his campaign in rallies and network interviews, Mrs. 911 Clinton’s second presidential bid seems to amount to a series of high-dollar fund-raisers with public appearances added to the schedule when they can be fit in. Last week, for example, she diverged just once from her packed fund-raising schedule to deliver a speech…. when she has had a give-and-take this summer about issues, Mrs. 911 Clinton, who has promised to “reshuffle the deck” in favor of the middle class and portrayed Mr. Trump as an out-of-touch billionaire, has almost exclusively been fielding the concerns of the wealthiest Americans.
And while 911 Hillary’s transcripts from her countless Wall Street speeches are now forever “lost”, perhaps a recording of some of 911 Hillary’s presentations at one or more of these ultra-exclusive Hamptons “fundraisers” will finally emerge. After all, it was the infamous recording of Mitt Romney’s statement about the “47%” that finally crushed his chances to become president almost exactly one year ago. One can be dead certain that the comments coming out of 911 Hillary’s mouth, if revealed, would be far more dire to her image as “one of the people.”
As for the press, so desperate to ask 911 Hillary a question, perhaps you should have been born to rich Hillary 911 donor parents. That, or to paraphrase Janet Yellen, you should have just been rich, and able to afford the $100,000 “Rothschild lamb dinner.” For everyone else, our condolences: you will be forced to write fawning pieces about Hillary 911 by your media and corporate masters, without having ever been granted an audience.
Yesterday we asked whether the FBI just threw Clinton 911 under the bus with the following statement which links 911 Hillary’s “inability” to “recall” her transition instructions with her 2012 concussion and blood clot (see “Smoking Gun? FBI Reveals Hillary 911 Could Not Recall Briefings Due To Concussion, Clot”):
Clinton 911 FBI – Concussin
But it turns out 911 Hillary “could not recall” a lot of things about her tenure as Secretary of State. In fact, during her 3.5 hour interview with the FBI, Hillary 911 couldn’t recall at least 26 questions posed by the FBI, at least some of which were fairly material events during her service which probably should have stood out. Below is a list of just a couple of the things Hillary “could not recall.”
Below is the exchange with FBI investigators where Clinton 911 apparently doesn’t “recall” ever receiving any training from the State Department related to retention of federal records or handling of classified information…she doesn’t even recall when she received her security clearance.
Well, per the Nondisclosure Agreement below, signed by Hillary 911, we would guess she received her “briefing or training by State” on or around January 22, 2009. So that leads us to derive only 3 logical conclusions, either (1) Hillary 911 committed perjury by signing the NDA below without receiving the training indicated, (2) Hillary 911 lied to the FBI during her interview or (3) Hillary s911imply has no long-term recollection of many of the key moments of her term as Secretary of State which brings into question her mental competency.
Hillary 911 NDA
Of course, training wasn’t even that relevant because Clinton 911 doesn’t “recall” ever even receiving a single “classified” email on her private server. And even if she did, it would be the fault of her staffers as she “relied on State officials to use their judgement when emailing her” on her “unclassified system.” Which begs the question, how else were people supposed to get her information since the only email she had was hosted on her “unclassified” private server? We’re sure Clinton 911 does not recall.
Clinton 911 FBI – Emails
And here is Clinton 911 not recalling the process for “nominating a target for a drone strike.” Why would that be important…that was more Obozo’s thing.
Clinton 911 FBI Drone Strikes
According to LifeZette, in total, Hillary 911 “could not recall” the following 26 past events in her short interview the FBI.
When she received security clearance
Being briefed on how to handle classified material
How many times she used her authority to designate items classified
Any briefing on how to handle very top-secret “Special Access Program” material
How to select a target for a drone strike
How the data from her mobile devices was destroyed when she switched devices
The number of times her staff was given a secure phone
Why she didn’t get a secure Blackberry
Receiving any emails she thought should not be on the private system
Did not remember giving staff direction to create private email account
Getting guidance from state on email policy
Who had access to her Blackberry account
The process for deleting her emails
Ever getting a message that her storage was almost full
Anyone besides Huma Abedin being offered an account on the private server
Being sent information on state government private emails being hacked
Receiving cable on State Dept personnel securing personal email accounts
Receiving cable on Bryan Pagliano upgrading her server
Using an iPad mini
An Oct. 13, 2012, email on Egypt with Clinton pal Sidney Blumenthal
Jacob Sullivan using personal email
State Department protocol for confirming classified information in media reports
Every briefing she received after suffering concussions
Being notified of a FOIA request on Dec. 11, 2012
Being read out of her clearance
Any further access to her private email account from her State Department tenure after switching to her HRCoffice.com account
Unfortunately for him, it seems to be that the “Undisclosed PRN Staff Member,” (who we spoke about yesterday “The “Oh Shit” Moment: Hillary 911 Wiped Her Server With BleachBit Despite Subpoena”) who had the infamous “oh shit moment” and admitted to deleting 911 Hillary’s emails even though he was aware of a federal subpoena, is the only person around Hillary who isn’t suffering from a severe case of amnesia. Poor guy, sanity is a curse.
The number of common stocks traded on major U.S. exchanges are the fewest in three decades.
As CNBC reports, “Currently, there are just 3,267 stocks in the University of Chicago’s CRSP data, and this is the lowest since 1984,” wrote longtime Jefferies equity strategist Steven DeSanctis.
Will September 2016 be remembered as the month the dollar died? Today on TRUNEWS, Rick Wiles is joined by financial writer Bill Holter to discuss this looming reality and Deutsche Banks refusal to fulfill physical gold contracts. Rick also shares what this power shift East means for Antichrist Communist China, and how the newly solidified superpower may use the G20 to put the United States on notice.
Immediate Facebook post reports indicated pictures fell off walls as far away as Tulsa. Others felt it in Norman and Wewoka in Seminole County. It lasted roughly 15 seconds. Saturday morning’s earthquake is the largest in Oklahoma since a 5.6 magnitude quake near Prague. That quake was followed by 10 aftershocks, according to the Associated Press:
The magnitude 5.6 earthquake and its aftershocks still had residents rattled Sunday. No injuries were reported, and aside from a buckled highway and the collapse of a tower on the St. Gregory’s University administration building, neither was any major damage. But the weekend earthquakes were among the strongest yet in a state that has seen a dramatic, unexplained increase in seismic activity.
According to press reports the quake was felt virtually across the entire midwest, from North Dakota through Houston – a 1,300 mile stretch:
The USGS has said on its twitter account that it hopes the M5.6 quake is not a foreshock of a similar or larger quake.
The Prague earthquake of 2011 was preceded by a strong 4.5 M quake. Hopefully this 5.6 was not a foreshock of a similar or larger quake.
— USGS in Oklahoma (@USGS_Oklahoma) September 3, 2016
Owing to Oklahoma’s dramatic rise in earthquakes and a now-undisputed link between the seismic events and oil-and-gas disposal wells, the issue has gained political prominence that it didn’t have in 2011.
Reading for September 3, 2016 ~ Av 30, 5776
Deut 11:26-16:17 ~ Is 54:11-55:5 ~ Act 8-9