The Fed’s Interest Rate and QE Policies Have Allowed Billionaires and Corporations to Buy America’s Assets Out from Under the People

Thomas-Jefferson-Central-Banks-Quote-1

… All on money, loaned for free by FED, that the American People have to pay the interest on. 

Liquidating Civilization, Report 22 Apr 2018

In a normal world, borrowers cannot run a loss-making enterprise indefinitely. Though even in positive-rates America, they can get away with it for a long time if the Fed creates a permissive credit environment.

However, Fed or no Fed, losses are written on the financial statements. A business that destroys investor capital at -1% per year will run out of cash, sooner or later. This is in a normal world. What if the world is not normal?

Let’s consider that. Losing Corp. loses money at -1% but borrows at -2%. Earnings before interest is negative. But after interest, “earnings” is positive. Unlike the former case where the company reports loses while other companies are presumably reporting profits, and thus the money-losing company will eventually repel investors, in this case it is sustainable. At least so long as the interest rate is negative. Which it will be (and falling) for all the reasons we have been writing for years.

Liquidating Civilization

Of course, it’s not sustainable. It will end, but the central banking regime has made it much more difficult to liquidate losing businesses (while ensuring more and more businesses will lose). Large scale business liquidation can only occur when it is no longer possible to slowly liquidate civilization.

Let’s defend that statement. The interest rate is the single most important price in the economy, because every other price and every investment and every enterprise depends on it. And the central banks have created a system which has driven it down to zero and beyond.

The interest rate is the expression, in the market, of a universal in the human condition. Time itself (we will revisit this idea in a future essay).

When interest sinks below zero, it means that the return to be earned on capital is negative. It means all savers are doomed to slowly lose their capital. It means any other better opportunities have, for one reason or another, gone away. No one would lend at -2% if he could get +3% obviously. So the market being moribund at -2% means the marginal enterprise sees no better opportunity. They are willing to borrow only if the rate is that or lower.

As an aside, this is a good way to think of the dynamics of a falling interest rate. There is little demand for credit, other than on a downtick in interest rates.

By the time it gets to the terminal phase, where businesses are borrowing at -2%, the marginal business is not able to bid higher than that. It does not want credit, except when the price is -2%. A business will always seek to borrow at lower than its return on capital (or else there’s no point). A bid of -2% means the business wants credit to finance wealth-destroying activities.

There is no mechanism to deprive one particular wealth-destroying enterprise of capital, when large numbers of them are losing. There is not one bad company showing losses on its financial statements, slowly running out of cash. There is a whole economy full of them—showing profits! If something is profitable, businesses will scale it up until it no longer is.

In a free market, only wealth-creation is profitable. But in this terminal stage of the unfree market based on the forced feeding of credit, borrowing at -2% and destroying capital at -1% is profitable. This trade will be scaled up.

Perverse Incentive → Perverse Outcome

Inevitably, people will blame free markets, business, and the profit motive itself. They will not question the perverse outcome that comes from the perverse incentive of a falling interest rate and the heat death of the economic universe. So the for-profit business will take the blame that should go to the Fed and the legal tender laws and the rest of the whole edifice of our monetary regime.

Read More: https://www.zerohedge.com/news/2018-04-23/liquidating-civilization-report-22-apr-2018

Uranium One: Undercover FBI Informant’s Attorney Demands DOJ Inquiry Into Coordinated Smear

uranium one

The attorney for an FBI informant who was deeply embedded in the Russian nuclear industry is demanding that Attorney General Jeff Sessions investigate a coordinated smear campaign against her client. After several decades working for the CIA and the FBI, William Douglas Campbell uncovered two related bribery schemes involving Russian nuclear officials, an American trucking company, and efforts to route money to the Clinton Global Initiative through an American lobbying firm in order to overcome regulatory hurdles, according to reports by The Hill and Circa.

After details of Campbell’s undercover work for the FBI first emerged in an October 2017 report by The Hill – which did not divulge his name, Michael Isikoff of Yahoo News and Joel Schectman of Reuters published articles smearing Campbell, saying he was “so unreliable that prosecutors dropped him as a witness” in a case unrelated to his undercover work – while two “senior officials” within the Justice Department fed Congressional investigators the same thing during a December 15 briefing.

Both statements were lies, as the case was related to Campbell’s undercover work, and he was dropped as a witness after the Baltimore U.S. Attorney’s office botched their case, which Campbell’s testimony would have weakened.

(Isikoff’s name may ring a bell, as a Yahoo News article he wrote after being fed information by former UK spy Christopher Steele was used as supporting evidence alongside the “Clinton Global Initiative” in a FISA warrant application to surveil the Trump campaign).

As part of the smear, Campbell’s name was also divulged in a public filing by the DOJ, “making him unemployable in the industry and leaving him to survive on Social Security” after decades of loyal service to both the CIA and the FBI.

Campbell testified to Congressional investigators in February after an “iron-clad” gag order was lifted.

Campbell’s lawyer Victoria Toensing, a former Reagan Justice Department official and former Chief Counsel to the Senate Intelligence Committee, fired off a letter to Attorney General Jeff Sessions on Tuesday demanding an investigation into Campbell’s character assassination – CC’ing DOJ Inspector General Michael Horowitz, along with several Congressional Investigators and others involved in the matter.

The letter reads:

“We write on behalf of our client, William Douglas Campbell, to request an investigation of disclosures by anonymous “federal officials” to the media and of Congressional briefings by “senior officials” of the Justice Department. The former provided false information about Mr. Campbell to the media. The latter provided false information about Mr. Campbell to Senate and House committees.”

Cloak and Dagger

After Campbell spent decades working for the CIA, he was “turned over” to the FBI for counterintelligence work due to relationships he had forged deep within the Russian uranium industry. While undercover, Campbell was required by the Russians – under threat, to launder large sums of money, allowing the FBI to uncover a massive Russian “nuclear money laundering apparatus.

The Russians forced Campbell to deliver bribes from Maryland transportation company TLI in $50,000 increments to Russian nuclear official Vadim Mikerin of Russian state-owned uranium subsidiary, Tenex. Campbell did so under the direction of the FBI in order to maintain his cover, fronting hundreds of thousands of dollars he says he was never reimbursed for.

While undercover, Campbell collected over 5,000 documents and briefs over a six-year period beginning in 2009, some of which are said to detail efforts by Moscow to route money to the Clinton Global Initiative (CGI) through lobbying firm APCO Worldwide – including video evidence of bribe money related to the Uranium One deal being stuffed into suitcases.

“The contract called for four payments of $750,000 over twelve months. APCO was expected to give assistance free of charge to the Clinton Global Initiative as part of their effort to create a favorable environment to ensure the Obama administration made affirmative decisions on everything from Uranium One to the U.S.-Russia Civilian Nuclear Cooperation agreement.“ -William Campbell

Officials with APCO – the lobbying firm accused of funneling the money to the Clinton Global Initiative, told The Hill that its support for CGI and its work for Russia were not connected in any way, and involved different divisions of the firm.

Read More: https://www.zerohedge.com/news/2018-02-22/uranium-one-undercover-fbi-informants-attorney-demands-doj-inquiry-coordinated

George Soros: Billionaire Seeks to Undo Democratic Decision to Keep Centralized Control Over Nations

“The Sovereignty Of States Must Be Subordinated To International Law And International Institutions.” George Soros

Soros – One of the Greatest Threats Against Society?

Martin Armstrong
Feb 9, 2018

The Telegraph is now reporting that Soros “is one of three senior figures linked to the Remain-supporting campaign group Best for Britain who plan to launch a nationwide advertising campaign this month, which they hope will lead to a second referendum to keep Britain in the EU.” Soros is on the wrong side. Europe has no chance of the EU Project actually succeeding long-term. The entire structure is completely unsound and the political process is anti-Democrat. The EU was purposefully designed to be as close to a dictatorship where the people are not trusted to make any decision and are too stupid to even know how to spend their own money. Nobody in the Troika ever stands for an election and they are the people who rule with an iron fist over the economy.

Read More: https://www.armstrongeconomics.com/international-news/britain/soros-one-of-the-greatest-threats-against-society/

Who Gave Al-Qaeda their portable anti-aircraft missile systems?

A: The US Government. Using US Taxpayer Money.

This is ISIS

How Al-Qaeda Ended Up With Anti-Aircraft Missiles: Here Is The Congressional Authorization

After the terrorist group Hayat Tahrir al-Sham (HTS), a rebrand of Jabhat al-Nusra, which is the Syrian al-Qaeda affiliate, claimed responsibility for the dramatic downing of a Russian Su-25 fighter jet over Idlib in northwest Syria on Saturday – the first Russian plane downed in Syria since 2015 – a number of analysts have published articles asking the obvious million dollar question: where did al-Qaeda get the portable anti-aircraft missile system used in the attack?

Once such article in Al Monitor speculates on the following: “The three immediate questions that arose from the attack were how the downing was made possible, how the militants acquired the arms and whether there was a bigger-level player behind the attack.”

MANPADS are heat seeking shoulder fired missiles capable of hitting targets flying at anywhere between 10,000 and 15,000 feet.Image source: Activist Post

And Al Monitor seems to answer its own question in the following when listing the array of allied groups now operating under the leadership of al-Qaeda (HTS) – among them groups previously “vetted” and approved to receive advanced weaponry by the CIA (specifically the TOW anti-tank missile):

Dozens of miles of Idlib province are contested among an array of groups, including the terrorist Hayat Tahrir al-Sham (HTS), a rebrand of Jabhat al-Nusra, which was affiliated with al-Qaeda; the Free Syrian Army; and its affiliate Jaish al-Nasr, which is considered a “moderate opposition group” that received weapons from the United States. Minutes after the downing of the Su-25, Alaa al-Hamwi, the military commander of Jaish al-Nasr’s aid defense battalion, claimed responsibility for the attack. Alaa argued that Jaish al-Nasr’s command supplied weapons to protect against the Russian air assault.

Later, however, HTS claimed responsibility for downing the plane.

Though US intelligence and defense officials have long denied that so-called “vetted” groups in Syria were recipients of anti-aircraft systems, rumors to the contrary have been persistent for years. The latest denial came immediately on the heels of Saturday’s Russian jet shoot down, which resulted in the death of the pilot on the ground as he came under fire by jihadists. Pentagon spokesman Maj. Adrian J.T. Rankine-Galloway told Russia’s TASS“The United States have not provided any of its allied forces in Syria with anti-aircraft weapons.”

The Pentagon spokesman further said, according to RT, that the US-led coalition is currently not engaged in any operations in the area where the jet was downed Saturday, indicating the coalition’s combat efforts are “geographically orientated on the current fight with Islamic State (IS, formerly ISIS, ISIL) in eastern Syria.” Yet the statement clearly avoided any reference to past US programs to arm so-called “moderates” – whether through the secretive CIA program or DoD program. And this is to say nothing of allies like Saudi Arabia who worked closely with US intelligence for years in supplying weapons to anti-Assad militants.

But does anyone remember this? …from The Wall Street Journal all the way back in February of 2014, headlined Saudis Agree to Provide Syrian Rebels With Mobile Antiaircraft Missiles – U.S. Also Giving Fighters Millions of Dollars for Salaries

Washington’s Arab allies, disappointed with Syria peace talks, have agreed to provide rebels there with more sophisticated weaponry, including shoulder-fired missiles that can take down jets, according to Western and Arab diplomats and opposition figures.

Saudi Arabia has offered to give the opposition for the first time Chinese man-portable air defense systems, or Manpads, and antitank guided missiles from Russia, according to an Arab diplomat and several opposition figures with knowledge of the efforts. Saudi officials couldn’t be reached to comment.

The U.S. has long opposed arming rebels with antiaircraft missiles for fear they could fall into the hands of extremists who might use them against the West or commercial airlines. The Saudis have held off supplying them in the past because of U.S. opposition.

And also this March 2014 report from US government-funded Voice of America news:

Saudi Arabia reportedly is offering to provide Syrian rebels more sophisticated weapons, including shoulder-fired anti-aircraft missiles that can take down fighter planes and helicopter gunships. They could be a game changer in the Syrian civil war. Known as MANPADS or man-portable air defense systems, the shoulder-fired missiles are a highly-effective weapon.

Now, Saudi Arabia is offering to supply moderate rebels with these weapons. That could tip the balance on the battlefield.

…President Barack Obama is said to be rethinking U.S. strategy toward Syria. No doubt arming the Syrian rebels will be on the agenda when Obama travels to Saudi Arabia in late March.

Read More: https://www.zerohedge.com/news/2018-02-06/how-al-qaeda-ended-anti-aircraft-missiles-here-congressional-authorization

Tapper, Clapper, and CNN: Signs of a Coup in the Highest Levels of Government and Media

Director Of National Intelligence...J. Clapper Was Leaking Classified Dossier Details To Cnn's Jake Tapper For Months, While Being Paid By Cnn! And Then Lied About It To Congress...
Clapper Busted Leaking Dossier Details To CNN’s Jake Tapper, Lying To Congress About It

Former Director of National Intelligence (DNI) turned CNN commentator James Clapper not only leaked information related to the infamous “Steele dossier” to CNN’s Jake Tapper while Clapper was in office – it appears he also lied about it to Congress, under oath.

Clapper was one of the “two national security officials” cited in CNN’s report -published minutes after Buzzfeed released the full Steele dossier.

The revelation that Clapper was responsible for leaking details of both the dossier and briefings to two presidents on the matter is significant, because former Federal Bureau of Investigation (FBI) director James Comey wrote in one of four memos that he leaked that the briefing of Trump on salacious and unverified allegations from the dossier was necessary because “CNN had them and were looking for a news hook.” –The Federalist

So Comey said that Trump needed to be briefed on the Dossier’s allegations since CNN “had them” – because James Clapper, the Director of National Intelligence at the time, provided that information to the same network he now works for.

And who’s idea was it to brief Trump on the dossier? JAMES CLAPPER – according to former FBI Director James Comey’s memos:

“I said there was something that Clapper wanted me to speak to the [president-elect] about alone or in a very small group,” Comey wrote.

The revelations detailing Clapper’s leak to CNN can be found in a 253-page report by the House Intelligence Committee majority released on Friday – which also found “no evidence that the Trump campaign colluded, coordinated, or conspired with the Russian government.”

As Sean Davis of The Federalist bluntly states: “Clapper leaked details of a dossier briefing given to then-President-elect Donald Trump to CNN’s Jake Tapper, lied to Congress about the leak, and was rewarded with a CNN contract a few months later.”

From Clapper’s Congressional testimony:

MR. ROONEY: Did you discuss the dossier or any other intelligence related to Russia hacking of the 2016 election with journalists?

MR. CLAPPER: No.

Clapper later changed his tune after he was confronted about his communications with Tapper:

“Clapper subsequently acknowledged discussing the ‘dossier with CNN journalist Jake Tapper,’ and admitted that he might have spoken with other journalists about the same topic,” the report reads. “Clapper’s discussion with Tapper took place in early January 2017, around the time IC leaders briefed President Obama and President-elect Trump, on ‘the Christopher Steele information,’ a two-page summary of which was ‘enclosed in’ the highly-classified version of the ICA,” or intelligence community assessment.

Read More: https://www.zerohedge.com/news/2018-04-27/clapper-busted-leaking-dossier-details-cnns-jake-tapper-lying-congress-about-it

Wall Street and the City of London Financed the Rise of the Bolsheviks and Communism.

marx and the globalist oligarchs
The Oligarchs have been trying to get a collectivist, centrally-controlled, global system going for a while.
One of the greatest myths of contemporary history is that the Bolshevik Revolution in Russia was a popular uprising of the downtrodden masses against the hated ruling class of the Tsars. As we shall see, however, the planning, the leadership and especially the financing came entirely from outside Russia, mostly from financiers in Germany, Britain and the United States. Furthermore we shall see, that the Rothschild Formula played a major role in shaping these events.
Read More:
 

#DrainingTheSwamp

Trump says you'll be in Jail draing the swamp

The 2018 Congressional Retirement Tracker

House Speaker Paul Ryan is the latest, and by far the most prominent, Republican to announce he’ll retire from Congress after this year. Here’s a running list of all the lawmakers calling it quits.

https://www.theatlantic.com/politics/archive/2018/04/the-2018-congressional-retirement-tracker/545723/

Notable Resignations

Thread: https://8ch.net/cbts/res/146483.html

Spreadsheet: https://docs.google.com/spreadsheets/d/1B-95giwldeKgsd0nYiw_sEaSf4kGNLZgEIvEhL2mVAw/edit#gid=0

Zionism & The Gatekeepers EXPOSED — Adam Green

So, who really pulls the strings in Washington DC and in many governments around the world?

To a large degree, its a cabal of dual citizens of Israel and Zionists who are beholden to the Rothschilds, and yet some of the biggest names in the alt-media refuse to discuss this subject or name the bad guys.

By the way, when you research who was really behind 9/11, some of the very same names in the Zionist cabal come up time and time again.

Adam’s You Tube channel is Know More News: https://www.youtube.com/channel/UCaRj…

https://qanonposts.com/

Proof Popular Culture is Engineered by the Military Industrial Intelligence Complex

You’ve heard of Operation Mockingbird, that was the program by the CIA to gain control of the mainstream news media…

This book details the CIA’s psychological warfare in the world of art and music.  

They claimed they were fighting communism, but what they already knew that the Soviet Union was a paper tiger, that had been founded and propped-up by Wall Street and the Western Banking system? 

If not to fight Communism, then why invent things like “Abstract Expressionism?”

Could it be they were using MK Ultra-like strategies to  confuse and shatter a civil society that would resist living in a police state? 

Theories aside, this is proof that our popular culture was engineered by the Military Industrial Intelligence Complex.

Piss Christ National Endowment

The Cultural Cold War: The CIA and the World of Arts and Letters

The Cultural Cold War

Drawing on recently declassified documents and extensive interviews, Saunders has assembled a captivating, authoritative history of the CIA’s secret campaign to turn American art into anti-Soviet cultural propaganda.

Mindful of the western European intelligentsia’s fascination with Marxism, the CIA gave millions of dollars to American arts organizations, largely through a front group called the Congress for Cultural Freedom, which lasted until 1967; at its peak, “it had offices in 35 countries…, published over 20 prestige magazines, held art exhibitions…, organized high-profile international conferences, and rewarded musicians and artists with prizes and public performances.”

“Sometimes wittingly and sometimes not, artists and intellectuals–from Aaron Copland to Leontyne Price, W.H. Auden to Gertrude Stein–were recruited as soldiers in this “psychological warfare” against communism.

Saunders, an independent film producer who lives in London, points out that this now-unthinkable cooperation from major artists and producers was possible because the CIA hadn’t yet acquired the sinister reputation it gained in the ’60s, when its covert, and often bungled, international actions became publicly known.

The only flaw in this thoroughly documented book, which has been shortlisted for the London Guardian’s First Book Award, is that the story is so richly convoluted that occasionally the larger drama gets lost in its overwhelming details.

Indeed, an entire book could have been made of the chapter explicating the CIA’s marketing of abstract expressionism (a surefire way to wow impressionable European aesthetes tired of socialist realism).

Nonetheless, this well-researched work remains a must for art historians interested in how the American avant-garde thrived during the McCarthy era. B&w photos. (Apr.) Copyright 2000 Cahners Business Information.]

Read the Whole Book: http://www.thedivineconspiracy.org/Z5286U.pdf