Since I began writing analysis for the liberty movement more than eight years ago, I have always said that we will know when the endgame of the globalists is upon us when the criminals come out into the light of day and admit to their crimes. At that moment, it will be because they no longer fear either the repercussions or their plans being obstructed.
As I plan to show in this installment of my series on the hidden fiscal collapse of America, the endgame has indeed arrived. At the very least, the international elites seem to think success is within their grasp, for they now openly expose their own criminality. But they do so in a way that attempts to divert blame or to rationalize their actions as being for the “greater good.”Continue reading »
For years on end, many wondered how it is possible that Gary Gensler allowed Wall Street firms to manipulate, rig, and otherwise abuse the US commodity market which he, as head of the Commodity Futures Trading Commission from 2009 until 2014, was supposed to regulate.
Some, such as this website, suggested that what Gensler was doing was simply protecting his former colleagues from civil or criminal investigation and prosecution. After all Gensler is far better known for not only having worked at Goldman Sachs for 18 years most recently as co-head of finance, prior to joining the CFTC, but for becoming the youngest ever Goldman partner, at the tender age of 30.
Certainly, being the wealthiest member of the original Obama administration did not hurt: in 2009 the Wasingtonian reported his net assets as being between $15,533,000 and $61,745,000. We take the higher number. To be sure, he had been paid well at Goldman and now had a duty to his former employer: to keep Goldman (or any other Wall Street bank) off the hook of any regulatory investigation. Continue reading »
As we first reported yesterday, one of the proposed measures to be implemented in Greece just before, or during its default and/or exit from the Eurozone, in addition to pervasive capital controls of course, is the implementation of a parallel “currency”, or as explained yesterday, a government paying its citizens with IOUs. Continue reading »
While the Chinese are long to bed, futures continue to trade on their exuberant stock market… and it’s going south in a hurry. As we noted earlier, the catalyst appears to be a regulatory decision to increase the number of ‘shortable’ securities (and follow-through from PBOC’s day prior demands of brokers to monitor margin trading). Both of these actions were taken as ‘signals’ that policymakers may be getting nervous about the ebullient wealth creation… Chinese stock futures are now down almost 7% – the 2nd biggest drop in 7 years.
This seemed to sum things up rather well…
“I’ve never seen a drop in markets like this in my entire career” -17 year old hedge fund managers everywhere
Based on the newsflow in the last few weeks, Americans must increasingly consider themselves lucky just to avoid getting shot in the back or being run over by trigger-happy, heavily armed officers of the law. Unfortunately while we (hope we) mostly jest, the reality is that America has quietly turned into a heavily weaponized police state right under everyone’s noses. A police state in which one doesn’t have to be considered even a remote threat by the authorities to suffer. Consider the completely innocuous act of feeding the homeless, with a permit, which as San Antonio philanthropist Joan Cheever, founder of the nonprofit food truck, the Chow Train, discovered last week was enough to get her ticketed and fined $2000 for feeding the homeless.
So it’s either pay salaries and pensions or pay the IMF which is tragically ironic because Athens has already gone the route of plundering pensions to make payments to its creditors, the only difference is that now, instead of “borrowing” money from the public coffers and hoping to pay it back in the interim before anyone actually gets shorted, you’re talking about simply not paying people at all (or paying people with IOUs which would be the hilarious rough equivalent of conducting repos with individual citizens) which needless to say could turn into an untenable social and political issue virtually overnight, not to mention the fact that if the government defaults you would almost certainly see the imposition of capital controls in order to stem the inevitable deposit flight. Athens owes nearly €2 billion in public sector wages and pensions at the end of the month. Continue reading »
People who challenge establishment narratives online likened with terrorist organization
Bloggers, conspiracy theorists and people who challenge establishment narratives on the Internet were all likened to ISIS terrorists during a chilling Congressional hearing which took place yesterday.
The hearing, hosted by the House Foreign Relations Committee, was titled “Confronting Russia’s Weaponization of Information,” and accused Russian state broadcaster RT of weaponizing “conspiracy theories” to spread propaganda. Continue reading »
What in the world are the elite up to? In recent days, we have learned that the New York Fed is moving a lot of operations to Chicago because of concerns about what a “natural disaster” could do, the federal government is buying 62 million rounds of ammunition commonly used in AR-15 semi-automatic rifles for “training” purposes, and NORAD is moving back into Cheyenne Mountain because it is “EMP-hardened”. In addition, government authorities have scheduled a whole host of unusual “training exercises” all over the nation. So are the elite doing all of this in order to prepare for something really BIG, or should we just chalk up all of this strange activity to rampant government paranoia?
First, let’s talk about what the New York Fed has been doing. What kind of natural disaster would be bad enough to completely shut down the operations of the New York Federal Reserve Bank? It would have to be something very unusual, and apparently the New York Fed is very concerned that such an event could happen. According to Reuters, the New York Fed has been transferring personnel to Chicago and building up its satellite office there just in case a “natural disaster” makes it impossible for normal operations to continue in New York… Continue reading »
Mario Draghi, perhaps blinded by confetti, doesn’t see a scarcity of collateral while HSBC thinks that’s a bit “strange,” and Morgan Stanley doesn’t really see what the problem is even as their own analysis shows that it is now “impossible” for Germany to fully implement their portion of the program under the capital key. Meanwhile, FT thinks it’s possibly important that thanks to the absurd consequences of NIRP-dom, the ECB may soon take the plunge into euro corporate credit sending yields on corporate bonds negative.
“What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.”—Author Tom Clancy
The American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us. Yet no matter who wins this next presidential election, you can rest assured that the new boss will be the same as the old boss, and we – the permanent underclass in America – will continue to be forced to march in lockstep with the police state in all matters, public and private.
Indeed, as I point out in my new book Battlefield America: The War on the American People, it really doesn’t matter what you call them – the 1%, the elite, the controllers, the masterminds, the shadow government, the police state, the surveillance state, the military industrial complex – so long as you understand that no matter which party occupies the White House in 2017, the unelected bureaucracy that actually calls the shots will continue to do so.Continue reading »
They say don’t let money printing get to your head, but for one now former central banker it is far too late.
The identity of the former employee of the Dutch Central Bank in question is unknown, what is known is that the money authority of the Netherlands has fired a 46-year-old female employee who for 6 of her 8 years with the central bank made money on the side as a “dominatrix prostitute who described herself as a high-class nymphomaniac and earned €10,000 a week dressing up as a Nazi and whipping men.”
While her real name remains unknown (although having worked previously for both ABN-AMRO and ING Bank it is only a matter of time before her ex-colleagues identify her) her “professional name” is public: Conchita van der Waal, as is her motto: “the kinkier the better”. Her role at the Dutch Central Bank is also unknown but according to the Irish Times she had a “supervisory” role. Continue reading »
Ex-IMF chief Dominique Strauss-Kahn (DSK) – who denies charges of pimping – has told a court in northern France that prosecutors had greatly exaggerated the frequency of his “licentious evenings.” In fact, as The BBC reports, DSK explained (with a straight face) that he took part in only a few rare sex parties – “only 12 parties the last 3 years.”
As he took the stand on Tuesday, Mr Strauss-Kahn said: “I committed no crime, no offence.”
“The prosecution gives the impression of unbridled activity,” he told the court. But, he added: “There were only 12 parties in total – that is four per year over three years.”
In 2008, Lagarde decided to allow an arbitration to end a dispute between Bernard Tapie, a businessman and supporter of then President Nicolas Sarkozy, and former state-owned bank Credit Lyonnais. Lagarde, who was put under investigation for “negligence” by the Cour de Justice de la Republique, denied any wrongdoing, saying it was the best option for the state.Continue reading »
An internal Drug Enforcement Administration report showed the agency gave its agents a mere slap on the wrist for purchasing the services of Colombian prostitutes, sometimes with taxpayer money and sometimes as they let local police watch their weapons and personal property.
A summary of the internal report shows the DEA doled out punishments to 10 of its agents, which ranged from a letter of caution to a two-week suspension. None of the agents who participated in the parties was fired.
In one instance, money to pay prostitutes at a farewell party for a high-ranking DEA official was included in an “operational budget” that used government funds for the party, the report said.
Lawmakers expressed concern during the hearing that some of the government-funded sex soirees may have included teenagers.
The honeymoon is officially over in Greece for the Syriza socialist saviors who, after a series of dramatic pledges to free Greeks from the bonds of austerity have been forced to abandon the very promises which got them elected as the “institutions” (no one is allowed to speak of the “troika” any longer) have refused to budge on demands that Athens institute serious fiscal reforms.
Now, with time running dangerously short, and with looming payments to the IMF and to public sector employees and pensioners, the people are growing restless. Continue reading »
Russian President Vladimir Putin — who TIME readers recently voted as the most influential person in the world — held his annual call-in/ town hall-style Q&A on Thursday, and as one might imagine, there were some memorable moments. Previous sessions included the following classic clips (via RT):
Putin on whether Alaska is “ice crimea” (play on “ice cream”): “What would you need Alaska for? It’s cold there, let’s not get overenthusiastic about it.”
Putin on when he would be willing to retire: “You won’t live to see it.”
Putin on John McCain’s suggestion that the Russian President will go the way of Muammar Gaddafi: “McCain sat in a pit in Vietnam for several years, anyone would go nuts after that.”Continue reading »