GENEVA, October 29. /TASS/. Russia, Iran and Turkey will continue working with all Syrian sides to stabilize the situation on the ground and destroy terrorists, Russian Foreign Minister Sergey Lavrov said on Tuesday after talks in the Astana format with Turkish Foreign Minister Mevlut Cavusoglu and Iranian Foreign Minister Javad Zarif. “The statement confirms our […]
Today I would like to return to your awareness an aspect of the Human condition that condones violence under certain circumstances. To this end, we find ourselves going along with the most egregious of things, not least of which is war. Here we find not only a consensus of opinion— but an accepted truth. People kill people. That’s what we do. People have been killing each other over borders, religion, ideology, politics and resources as far back as history will take us. It’s a given that we will continue in this maniacal cycle of war, truce and temporary peace until our time on this planet is through. It’s our nature and so it is our course and therefore our destiny! —Or is it?
Of course most people are good-natured, loving and kind, but they are often unaware of some of the more sinister elements in our world. Does our slumber make us a threat to the survival of humanity? If so, can one surmise that our “enemy” might actually be the person we see every morning in the mirror? Are we complicit in some way by simply being oblivious? Is this what the others mean by “sheeple,” those who simply go along to get along and never ask probing questions?
We sit around the proverbial card table and we’re handed the rules. We don’t really question them. The rules are the rules and that’s that! And at the end of the night, should one run out of money because the others understood the rules better, then maybe a moment of truth will beckon. Perhaps one will decide it is best not to bother with the rules at all— and instead seek to unmask the rule maker.
The hideous treatment of WikiLeaks founder Julian Assange continues and many observers are citing his case as being symptomatic of developing “police state” tendencies in both the United States and in Europe, where rule of law is being subordinated to political expediency. Julian Assange was the founder and editor-in-chief of the controversial news and information […]
Kim Dotcom Donates K.im Bitcoin Fees to Julian Assange Ahead of $8M IEO News Entrepreneur and Bitcoin (BTC) entrepreneur Kim Dotcom has revealed his new company K.im is directly supporting WikiLeaks founder, Julian Assange. Dotcom offers Bitcoin to Assange In a tweet on Oct. 29, Dotcom said 10% of K.im’s transaction fees were going towards […]
Listen to Michael McKibben and Douglas Gabriel, with their guest Phil Brooks, discuss the lethal combination of psychological programming of Tavistock and the Frankfurt School. Educate yourself and alert those in your networks about this destructive force on Western Civilization. Deadly combination will end humanity if PATRIOTS don’t wake up What Patriots Need to […]
By Anna Von Reitz
I am reprinting this article because someone has to let you know what is really going on, so that the urgency of your own action to put an end to this craziness becomes more apparent.
Those of you who are lagging behind the necessary steps — (1) correct your political status; (2) assemble your State Assembly; (3) repudiate the System and the debt being lavished on you — are still in harm’s way. This mammoth bail out is being funded on your backs, your land, your assets, your labor. You are being enslaved at this very moment to the tune of billions of dollars a day — so that the fiends in charge can keep their sideshow going.
Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
By Pam Martens and Russ Martens: October 24, 2019 ~
Yesterday the Federal Reserve Bank of New York (New York Fed) announced that the giant money spigot it turned on for Wall Street on September 17 would be growing exponentially beginning today.
The New York Fed will now be lavishing up to $120 billion a day in cheap overnight loans to Wall Street securities trading firms, a daily increase of $45 billion from its previously announced $75 billion a day. In addition, it is increasing its 14-day term loans to Wall Street, a program which also came out of the blue in September, to $45 billion. Those term loans since September have been occurring twice a week, meaning another $90 billion a week will be offered, bringing the total weekly offering to an astounding $690 billion. It should be noted that if the same Wall Street firms are getting these loans continuously rolled over, they are effectively permanent loans. (That’s exactly what happened during the 2007-2010 Wall Street collapse: some teetering Wall Street casinos received, individually, $2 trillion in cumulative loans that were rolled over for two and one-half years – without the authorization or even awareness of Congress or the American people. One bank, Citigroup, received over $2.5 trillion in Fed loans, much of them at an interest rate below 1 percent, at a time when it was insolvent and couldn’t have obtained loans in the open market at even high double-digit interest rates.)
This latest announcement from the Fed comes on the heels of an October 11 announcement that it is launching a program to buy up $60 billion a month in Treasury bills and that program will last into “at least” the second quarter of next year.
What the New York Fed is doing is unprecedented in U.S. history and yet you will find no mention of it on any front page of a newspaper today. This is just a partial list of what makes this action unprecedented or highly questionable:
No Wall Street crisis has been announced to the public to explain these massive loans and Treasury buybacks;
Not one hearing has been held by Congress on the matter;
Not one official elected by the American people has authorized these loans;
The loans are not being made to commercial banks (which could re-loan the money to stimulate the U.S. economy). The loans are going to the New York Fed’s primary dealers, which are stock and bond trading houses on Wall Street who count hedge funds among their largest borrowers; (See list below. There is only one bank among the 24 primary dealers.)
Many of the primary dealers are units of foreign banks whose share prices have been in freefall. The Fed is making these loans at approximately 2 percent interest – an interest rate these firms could not come anywhere close to obtaining in the open market;
These same foreign banks are counterparties to mega U.S. banks’ derivative trades – raising the suggestion that this is another bailout of Wall Street’s derivatives mess as occurred in 2008;
The Dodd-Frank financial reform legislation of 2010 was supposed to rein in this exact type of abuse by the New York Fed and, in fact, it states that Congress must be informed as to which banks are receiving the money to be sure it’s not going, once again, to failing financial institutions as happened in the last crisis;
The Government Accountability Office (GAO), when it released its audit of the Fed’s bailout programs of 2007 to 2010 chastised the Fed for failing to document the reasons it was flinging trillions of dollars to Wall Street and foreign banks. Notwithstanding the GAO’s report, the New York Fed is back to its old tricks again;
The New York Fed is owned by its members banks in its region. Representatives of these banks sit on its Board of Directors. It is thus too conflicted to be in charge of this bailout money spigot which is ultimately backstopped by the U.S. taxpayer if the New York Fed fails;
The New York Fed is the regulator of the largest bank holding companies in the U.S. But its failure as a regulator is why these same banks needed to be massively bailed out in 2008 and, apparently, again now. This system lacks any semblance of checks and balances;
The parent organizations of five of its primary dealers have admitted to criminal felony counts brought by the U.S. Department of Justice for frauds against the investing public. Bailing out felons and Wall Street firms with serial histories of wrongdoing perpetuates moral hazard and, thus, more wrongdoing and bailouts.
Just this morning the New York Fed pumped out $134.15 billion to Wall Street under its new loan programs. The $45 billion in 14-day loans was oversubscribed by $17.15 billion, meaning the demand for liquidity on Wall Street is growing, not subsiding. Congress and mainstream media failed to do their job in the leadup to the epic Wall Street crisis of 2008 and they are failing the American people again.