From James Harkin (Webmaster & Editor of LindseyWilliams.net). Here is a summary of articles of interest from around the world for this week. Please LIKE the Lindsey Williams Online Facebook Page to see stories posted daily regarding the current state of the economy around the world.
Latest News From January 13, 2017 to January 19, 2017:
- America Became A Lot Less Christian During The Presidency Of Barack Obama
In 2006, Barack Obama famously said that “we are no longer just a Christian nation“, and after the last eight years that is now more true than ever. The Pew Research Center has just released a major report entitled “How America Changed During Barack Obama’s Presidency“, and what struck me the most about the report was the fact that it showed that the United States became a lot less Christian while Obama was in the White House. Of course this trend did not begin under Obama, but it seems to have accelerated during his presidency. In particular, the percentage of Americans that have no religion at all is really growing rapidly. According to the report, “nones” now make up nearly a fourth of our entire population…
- Davos Elite Seeks Fixes to Defend the System From Populists
The great and the good of Davos agree they have a problem with populism. Finding a solution is the hard part. On the second day of the World Economic Forum’s annual meeting in the Swiss Alps, delegates disagreed on how best to address the upending of the western political order, a debate made doubly urgent by the string of elections in Europe this year where anti-establishment parties could gain more ground. While International Monetary Fund chief Christine Lagarde urged a list of policies from programs to retrain workers to more social spending, others fretted that the turbulence is only starting. Hedge Fund billionaire Ray Dalio warned on a panel chaired by Bloomberg Television’s Francine Lacqua that “we may be at a point where globalization is ending, and provincialization and nationalization is taking hold.”
- 2017 Prediction-Global War Cycle Coming into Danger Zone
Renowned financial and geopolitical analyst Charles Nenner correctly predicted there would be no market crash in 2016. 2017 is going to be a very different story. Nenner explains, “There are going to be some serious corrections and some bounces. I don’t thing we are going anywhere until the fall of 2017 when the whole bottom is going to fall out. If you are a very good stock picker, you’ll be okay, but I am talking about the indices (overall financial markets). It continues to be dangerous, and most of the good news is already in this rally. The hope that Trump will do the right thing is still there, but it will take too long. People will realize it is not going to happen tomorrow, and they will get disappointed. So, I am still not very much into the stock market. I don’t think there is much to gain over there. I have been saying that for the next couple of years, try not to lose your money. That’s the major thing you should be doing.”
- More Davos Elites Suggest Banning Cash…
A central theme for the Davos World Economic Forum is a push to ban cash. Yesterday we outlined how Nobel Prize winning economist Joseph Stiglitz was urging the US to do away with physical cash. Today, Paypal CEO Dan Schulman is doing much the same thing although in this case he claims that getting rid of cash will end “leakage” (Stiglitz and most elites usually suggest a cash ban will end money laundering or crime).
- Why Are Wal-Mart And Boeing Laying Off Workers If The U.S. Economy Is In Good Shape?
The stock market has been on quite a roll in recent weeks, but signs of trouble continue to plague the real economy. Earlier this week, I talked about the “retail apocalypse” that is sweeping America. Major retail chains such as Sears and Macy’s are closing stores and laying off workers, but I didn’t think that Wal-Mart would be feeling the pain as well. Unfortunately, that is precisely what is happening. USA Today is reporting that approximately 1,000 jobs will be cut at Wal-Mart’s corporate headquarters in Bentonville, Arkansas by the end of this month…
- US Marines Land In Norway For The First Time Since World War II, Angering Russia
Just one week after thousands of US troops arrived in Poland to “support NATO's Anti-Russian buildup” across Eastern Europe, 300 U.S. Marines from Camp Lejeune landed in Norway on Monday for a six-month deployment, marking the first time since World War II that foreign troops have been allowed to be stationed there, in a deployment breaking with decades of tradition by Norway not to host foreign forces, and angering Norway's Arctic neighbor Russia, according to Reuters.
- Can Trump Take Back The Presidency From The CIA?
If Trump intends to survive, he must break the CIA into a thousand pieces as President John F. Kennedy intended before the CIA assassinated him. Trump must arrest for treason the neoconservatives and put them on trial. Trump must curtail NSA’s spying, which is in complete violation of the US Constitution, on all communications of all Americans. Trump’s oath of office is to the Constitution, not to war on the American public. Trump must ban all presstitute print and TV media from White House press conferences and only give credentials to the alternative Internet media. The print and TV media are operatives of the CIA and are totally devoid of integrity. Indeed, perhaps the presstitutes should be arrested for treason and put on trial along with the neoconservatives and the CIA.
- EPA says it can’t pay economic damages from massive mine spill that sent tainted water into Utah
The Environmental Protection Agency announced Friday it will not repay claims totaling more than $1.2 billion for economic damages from a mine waste spill the agency accidentally triggered in Colorado, saying the law prohibits it. The EPA said the claims could be refiled in federal court, or Congress could authorize payments. But attorneys for the EPA and the Justice Department concluded the EPA is barred from paying the claims because of sovereign immunity, which prohibits most lawsuits against the government. “The agency worked hard to find a way in which it could pay individuals for damages due to the incident, but unfortunately, our hands are tied,” EPA spokeswoman Nancy Grantham said.
- Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High
This is not the way to start your workday… to find this email from your boss in your inbox: “As we enter 2017, our plan calls for us to reduce our Engineering staff. I realize some of this news is unpleasant. But I wanted to respect your right to know what is occurring this year.” But that’s what happened on Tuesday at Boeing. Hammered by slowing aircraft sales and a declining order book, Boeing warned on Tuesday in an internal memo that it would conduct involuntary and voluntary layoffs of engineers in Washington state, southern California, and South Carolina, according to The Seattle Times. The memo did not mention the size of the staff cuts.
- Anarchists Plan To Target Balls, Events And Trump Supporters All Over D.C. During Inauguration Week
The radical left is promising to make this the most chaotic inauguration in U.S. history. As I have written about previously, anarchists plan to do whatever they can to disrupt the inauguration of Donald Trump, but their plans are not just limited to the main event. As far as the protesters are concerned, any event that has anything to do with the inauguration of Trump is fair game, and so if you plan to attend a lunch, a ball or even a prayer meeting you will need to take precautions. Every single officially sanctioned event is on their radar, and those that do not have heavy security will be easier for them to hit. The anarchist leaders know that their people aren’t likely to be able to get anywhere near Trump, and so they are focusing on how they can make headlines in as many other ways as possible. According to the Daily Caller, this includes disrupting “several of the balls on inauguration night”…
- Will There Be War On The Streets Of Washington D.C. During The Inauguration On Friday?
The stage is set for a potentially very ugly confrontation between radical leftist protesters on one side and law enforcement authorities and Trump supporters on the other side. It is being estimated that hundreds of thousands of supporters will be arriving in D.C. to celebrate the inauguration of Donald Trump, but it is also being estimated that hundreds of thousands of people will be coming to D.C. to specifically protest the inauguration of Trump. These protesters plan to set up blockades, disrupt inaugural balls and generally cause as much chaos as they possibly can. In fact, a spokesperson for #DisruptJ20 says that the goal of his organization is for Trump to be inaugurated “amid complete chaos”…
- Davos elites struggle for answers as Trump era dawns
The global economy is in better shape than it's been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased. And yet, as political leaders, CEOs and top bankers make their annual trek up the Swiss Alps to the World Economic Forum in Davos, the mood is anything but celebratory. Beneath the veneer of optimism over the economic outlook lurks acute anxiety about an increasingly toxic political climate and a deep sense of uncertainty surrounding the U.S. presidency of Donald Trump, who will be inaugurated on the final day of the forum. Last year, the consensus here was that Trump had no chance of being elected. His victory, less than half a year after Britain voted to leave the European Union, was a slap at the principles that elites in Davos have long held dear, from globalization and free trade to multilateralism.
- This Pension Thing Is About To Get Real
Though it may not be instantly clear, in the above quote Michael Lewis is talking about public sector pensions and how over the course of several decades, mayors and governors across the US have colluded with police, firefighter and teachers unions to promise outrageously-generous benefits and then failed to put aside enough money to pay for them. As a consequence two things are happening. In dozens if not hundreds of cities and towns, services are being cut to the bone to pay for ballooning pension benefits, and – when even these cuts prove inadequate – pensions are being drastically reduced. Which in turn means two other things. First, life isn’t nearly as easy or pleasant as it used to be in a lot of places, as library hours are cut, trash piles up and police response times lengthen. And second, hundreds of thousands of public sector workers who expected to retire comfortably are staring at major lifestyle shrinkage.
- IMF Downplays Trump Stimulus Effect; Slashes Saudi, Mexico Growth In Latest World Economic Outlook
As the world's elite gather in Davos to decide for the minions what the world should look like, The IMF has taken a far dimmer view of global (and by that we mean Trumpian) economic growth than markets appear to be. In addition to slashing Brazilian, Mexican, and Saudi Arabian economic growth forecasts, Lagarde's lackeys are taking a cautious stance toward the policies of U.S. President-elect Donald Trump, who takes office this week, assuming only a modest boost to the U.S. economy from his promise of fiscal stimulus. As Bloomberg reports, The IMF maintained its forecast for global growth in 2017 of 3.4 percent, the Washington-based organization said Monday in a quarterly update to its World Economic Outlook. Expansion for 2018 is forecast at 3.6 percent, also unchanged from the fund’s previous forecast in October.
- Examining RFK Jr.'s claim that the CDC “Owns over 20 vaccine patents.”
Mr. Kennedy is in very safe territory by reporting that the CDC has over 20 patents that create vast, undisclosed conflicts of interests in vaccine safety. This past week, President-Elect Trump invited Robert F. Kennedy Jr. to discuss Mr. Kennedy leading a vaccine safety commission. The mainstream media coverage of the meeting was widespread and furious. The vaccine industry and its media lap dogs do not want their corruption exposed in any official forum, and they have pointed their fury at Mr. Trump and Mr. Kennedy. We have seen a great deal of media on Kennedy and his vaccine safety and corruption claims in the last week. The nice thing about that is this – because he has been in the mercury fight for so long, and started investigating the claims of moms of vaccine injured children more than a decade ago, his coverage has returned the spotlight to the corruption that was uncovered in the early days of the realization that the vaccine program was hurting our kids.
- Ushering In a Totalitarian Police State in Cashless “Smart Cities”
From Scandinavia to Amsterdam to India and elsewhere, the trend of going “cashless” is gaining traction. We have been covering the shortcomings of what is rightly called the War On Cash here at TDV for a while now and have shown just how negative the effects can be on an unsuspecting nation’s people. Chandigarh, India, which is the capital of the northern Indian states of Punjab and Haryana, is like one of India’s labrats. Indian officials are working hard toward making it into India’s first cashless city. This initiative is part of the Prime Minister of India’s call for state governments to begin developing what he’s calling “smart” cities. That means cities attached to the latest internet technology. However there is nothing intelligent about his plan.
- Foreign Central Banks Liquidate Record $405 Billion In US Treasuries As China Sells Most US Paper Since 2011
The wholesale liquidation of US Treasuries continued in November, when according to the just released TIC data, foreign central banks sold another $936 million in US paper in November 2016, which due to an offset of $892 million in buying one year ago, means that for the 12 month period ended November, foreign central banks have now sold a new all time high of $405 million in the past 12 months, up from a record $403 million in LTM sales as of one month ago. Where did the selling come from? While Japan sold about $23 billion in November, its fourth month of consecutive selling, it was China which drove the selloff, dumping a whopping $66.4 billion in US Treasuries in its 6th consecutive monthly sale of US paper, and the biggest monthly selloff since December 2011. The monthly sale also brings China's total Treasury holdings to the lowest level since early 2010.
- THE FUTURE OF SPYING Earth’s atmosphere can be turned into massive surveillance system using LASERS, scientists discover
EARTH’S atmosphere can now be turned into a massive spy lens using cutting edge technology. BAE Systems are designing a directed energy laser system that could allow military commanders to spy on enemy activities from space. BAE believe that within 50 years, one of their aircraft could use an “atmospheric lens” to observe people from very long distances using the Earth’s atmosphere as a tool. The lasers temporarily change the Earth’s atmosphere into magnifying glass structures which can alter light and radio signals. This means users can listen into radio signals for thousands of miles.
- Obama transferred $500 million to a climate fund days before Trump is scheduled to take office
With just days left in his final term as president of the United States, Barack Obama is taking steps to safeguard the historic Paris climate agreement he helped secure — to the tune of $500 million. On Tuesday, Obama transferred the sum to the Green Climate Fund, a trust created in 2010 to allow wealthy countries to financially assist developing nations in reducing emissions. The United States has pledged a total of $3 billion to the fund. Combined with an earlier $500 million payment made in March, Tuesday's payment leaves the country with a balance of $2 billion — a debt of which President-elect Donald Trump has pledged to pay none. Obama's decision to transfer the funds as the clock runs out on his presidency is a major victory for a group of petitioners who had pressured him to make the payment ahead of Trump's inauguration.
- Former President Bush moved to intensive care as wife Barbara also hospitalized
Both President George H.W. Bush and former first lady Barbara Bush are now in a Houston hospital and will not attend Friday's inauguration of President-elect Donald Trump. The 92-year-old former president on Wednesday was moved to intensive care at Houston Methodist Hospital after being admitted on Saturday, his office said in a statement. “Shortly after our previous report on President Bush’s condition, he was admitted to the ICU at Houston Methodist Hospital to address an acute respiratory problem stemming from pneumonia,” the statement read. “Doctors performed a procedure to protect and clear his airway that required sedation. President Bush is stable and resting comfortably in the ICU, where he will remain for observation.”
- What ‘border adjusted’ tax means — and why it could be coming to America
Talk of a “border adjusted” tax has gone from the sidelines to center stage in Washington, which has a lot of people asking: What is it exactly? House Speaker Paul Ryan and members of President-elect Donald Trump's transition team met Monday night for 2 1/2 hours to discuss the House GOP's corporate tax reform plan — including a controversial provision that would essentially subsidize exports and tax imports. Emerging from the meeting, Trump's Chief Strategist Stephen Bannon told Reuters that they discussed “border adjustability,” which is one of the key provisions of Paul Ryan's tax blueprint. Currently, U.S. corporations are taxed on their worldwide profits at 35 percent. The House GOP plan would change that radically.
- U.S. import prices rise at fastest pace since 2012
The cost of imported goods rose at the fastest pace in four years at the end of 2016, largely because of higher oil prices that have added to some upward pressure on inflation as they rose. The import-price index increased 0.4% in December, the second sizable move in three months, the government reported Thursday. For the full year, import prices advanced 1.8%. That is the largest 12-month increase since the spring of 2012 and ends almost 2½ years of basically negative import inflation. Most of the weakness, and now the uptrend, in import prices is tied to large swings in the global cost of oil. Oil prices have ended a two-year slide and are now somewhat higher compared to a year ago.
- US religion is worth $1.2T/year, topping the 10 biggest tech companies, combined
Big religion makes up $1.2 trillion of income, yearly, in the United States. The organizations make their money, tax free, from religious “healthcare facilities, schools, daycare and charities; media; businesses with faith backgrounds; the kosher and halal food markets; social and philanthropic programmes; and staff and overheads for congregations.” The authors of the program have noted that, even though religion has been on the decline in recent years, spending on religious “social programs” has tripled since 2001, to $9T.
- Walmart layoffs just the latest cuts in retail industry
Walmart’s plan to lay off of hundreds of employees is the latest ripple in a wave of job cuts and store closures that are roiling the retail industry. The world’s largest retailer is cutting roughly 1,000 jobs at its corporate headquarters in Bentonville, Ark., later this month, according to a person familiar with the matter who was not authorized to speak about it. In a statement, Walmart spokesman Greg Hitt did not confirm the job cuts. “We are always looking for ways to operate more efficiently and effectively,” he said. “While we continually look at our corporate structure, we have not made any announcements. Like any organization, we make decisions based upon what’s best for our business and the customers we serve.”
- How To Fund A Universal Basic Income Fairly
A universal basic income (UBI) – an idea in which the government replaces all other forms of monetary assistance (welfare, social security, etc.) with yearly stipend – has enormous potential to radically transform our current unsustainable consumer economy based on individual ownership into a much more sustainable economy based on access if it is designed and funded carefully. Implementing a UBI would require a cultural shift in our attitudes towards work and money but in a world where money is access, the idea of granting everyone enough money to meet their basic needs has sound philosophical logic behind it. However, all of this potential is highly dependent on the way a UBI is funded. A poorly conceived plan may wind up doing far more harm to a society already ravaged by class divisions and extreme inequality.
- 10 Medicinal Plants For Your Survival Garden
A lot of the medicine that is currently distributed by the United States health system is extremely expensive and filled with unnatural chemicals that have horrible side effects. Adding medicinal plants to your garden can not only save your pocketbooks, it can also save your life! These 10 medicinal plants can be grown in your garden: 1. Aloe Vera, 2. Stinging Nettle, 3. Marsh Mallow, 4. Fenugreek, 5. Great Burdock, 6. Arnica, 7. Sea Buckthorn, 8. Tea Tree, 9. Chamomile, 10. Sage.
- The Ancient Tibetan practice for Health and Vitality
The Five Tibetans or the Five Rites of Rejuvenation, is a system of five, believed to be Tibetan, Yogic exercises said to be over 2500 years old. You flow through the five exercises almost in a meditative dance. Each exercise stimulates a particular chakra or hormonal system and revitalises certain organs, so that the five rites together form a complete workout for the body as a whole. This series of movements also known as “The fountain of youth” are credited with the ability to heal the body, balance the chakras and reverse the ageing process in just ten minutes a day.
- Why has NATO chosen Russia as its enemy instead of ISIS?
According to statements made at last weekend’s summit in Warsaw, NATO regards Russia as a bigger threat than ISIS. Of course, that's ludicrous but when you scratch beneath the surface, the use of these falsehoods makes perverted sense. Gleb is a Russian student in Dublin. Recently, at the request of a mutual friend, I’ve been helping him with his university thesis which focuses on the reasons Ireland is one of the few Western European countries that has resisted NATO membership. A distinction that most Irish people are extremely proud of. As an Irishman myself, I’ve always been baffled by why so many members of the British and continental European elite see NATO as a good thing. After all, where’s the glory in being dictated to by an external power whose interests are often at marked variance with your own?
- This Interview With Robert Kennedy Jr A Is A MUST Read
Do you know why RFK Jr is the best person to lead the new Trump Commission? Because he’s not a “vaccine activist.” He tumbled into learning about vaccines through his research on the impact of mercury on the environment. The interview conducted by Autism File executive editor Rita Shreffler who spoke with Kennedy about CDC corruption, pharmaceutical industry greed, media malpractice and his vision for the World Mercury Project. Now that Kennedy has agreed to take over such a role within the Trump Administration, his background on the subject becomes even more important.
- Obama Opens NSA’s Vast Trove of Warrantless Data to Entire Intelligence Community, Just in Time for Trump
WITH ONLY DAYS until Donald Trump takes office, the Obama administration on Thursday announced new rules that will let the NSA share vast amounts of private data gathered without warrant, court orders or congressional authorization with 16 other agencies, including the FBI, the Drug Enforcement Agency, and the Department of Homeland Security. The new rules allow employees doing intelligence work for those agencies to sift through raw data collected under a broad, Reagan-era executive order that gives the NSA virtually unlimited authority to intercept communications abroad. Previously, NSA analysts would filter out information they deemed irrelevant and mask the names of innocent Americans before passing it along.
- Chinese Companies to Build $1 Billion Solar Panels at Chernobyl Site
Solar energy will be harnessed from the nuclear contaminated Chernobyl reactor site in Ukraine, after two Chinese companies formalised plans to erect a 1GW solar power plant. A 2600km exclusion zone surrounding the reactor has been in place since the nuclear disaster occurred in 1986, but following the construction of a steel-clad arch enveloping the site, interest in the area has developed. The race to renovate the deserted site has been won by GCL System Integration Technology (GCL-SI), a subsidiary of Golden Concord Holdings (GLC), one of China’s biggest renewable energy companies and China National Complete Engineering Corp (CCEC). The former company will supply and install solar panels on the site, while the latter will construct and run the plant upon completion.
- North Dakota Bill Would Protect Drivers Who ‘Accidentally’ Hit And Kill Protesters
Republican lawmakers in North Dakota are taking aim at protesters with a handful of bills that would make another pipeline protest far more dangerous. The oil-friendly legislature argues that its constituents are frustrated over the protests, which led federal authorities to halt construction of the $3.8-billion Dakota Access Pipeline as thousands of protesters braved cold weather and violence for months. A bill that state GOP Rep. Keith Kempenich introduced would exempt drivers from liability if they accidentally hit a pedestrian, according to the Bismarck Tribune. House Bill 1203 was written up in direct response to groups of protesters blocking roadways, Kempenich told the paper. He claims protesters were seen jumping out in front of vehicles.
- Aid in reverse: how poor countries develop rich countries
We have long been told a compelling story about the relationship between rich countries and poor countries. The story holds that the rich nations of the OECD give generously of their wealth to the poorer nations of the global south, to help them eradicate poverty and push them up the development ladder. Yes, during colonialism western powers may have enriched themselves by extracting resources and slave labour from their colonies – but that’s all in the past. These days, they give more than $125bn (£102bn) in aid each year – solid evidence of their benevolent goodwill. This story is so widely propagated by the aid industry and the governments of the rich world that we have come to take it for granted. But it may not be as simple as it appears.
- Senior DARPA Scientist Warns of Widespread LETHAL ATTACKS Upon the Public Coming From Microwave Towers
It is an old issue, but with a new revelation by the most credible insider source to date. Recently, I was contacted by Dr. Paul Batcho. Batcho is a former DARPA senior scientist who worked at Los Alamos and held a top secret security clearance. In short, Batcho asserts that clandestine forces are purposely engaging in “acts of terrorism” against the general public through emission of dangerous frequencies from cell phone and microwave towers in the St. Petersburg/Orlando/ Tampa, Florida area.
- The Clinton Foundation Shuts Down Clinton Global Initiative
The Clinton Foundation’s long list of wealthy donors and foreign government contributors during the 2016 elections provoked critics to allege conflicts of interests. Clinton partisans defended the organization’s charitable work, and dismissed claims that it served as a means for the Clintons to sell off access, market themselves on the paid speech circuit, and elevate their brand as Hillary Clinton campaigned for the presidency. But as soon as Clinton lost the election, many of the criticisms directed toward the Clinton Foundation were reaffirmed. Foreign governments began pulling out of annual donations, signaling the organization’s clout was predicated on donor access to the Clintons, rather than its philanthropic work. In November, the Australian government confirmed it “has not renewed any of its partnerships with the scandal-plagued Clinton Foundation, effectively ending 10 years of taxpayer-funded contributions worth more than $88 million.” The government of Norway also drastically reduced their annual donations, which reached $20 million a year in 2015.
- The True Reason behind The 40-Hour Work Week And Why We Are Economic Slaves
What is the true reason behind the 40-hour work week? Economic slavery, or wage slavery, refers to one’s total and immediate dependence on wages to survive. Although people throughout history have had to work to get by, we now live in a culture where we are led to believe we have economic freedom, when unbeknownst to most citizens, we are in fact bound in servitude. We automatically accept a 40-hour workweek with meager hourly pay as normal, even though many work overtime and still struggle to survive. There are also those who make enough to live comfortably but are unable to request less hours—you either work 40 hours a week, or you don’t get to work at all. We submit when told what to wear, when we have to arrive and depart, when we’re allowed to eat, and even when we’re allowed to use the restroom. How is it we have come to allow this?
- American Force of 4,000 Arrives in Poland at Taxpayer Expense
It took a year, and now it’s a fact: American troops are in Poland in rather large numbers. The rotating deployment of 4,000 American soldiers and forces in Poland was budgeted at $3.4 billion. It costs roughly $1 million a year to keep a single soldier overseas in a place like Poland. (In Afghanistan, the cost is well over $2 million a year for a single soldier.) This is said to deter Russia, but it’s totally unrealistic to think that Russia intends to attack Poland. Materially, the military-industrial complex benefits from keeping Russian-American tensions alive. Peace and disarmament are not in its interest; they mean much lower power and profits. Philosophically, the guiding concept that vivifies the military-industrial complex is to show the Russians and the world that the U.S. is a superpower and that it intends to spread its ways worldwide, with Russia included as a target for coming under American influence and domination.
- The Soft Coup Collapses – CIA Bluffing, Russia Did Not Hack, Blackmail Revealed – What Next?
CIA was bluffing, produced no evidence – Russians did not “hack” the election. Is this the beginning of the end of the Deep State in the USA? Can Trump clean house & wage peace? Aided by enormous restraint on the part of Vladimir Putin, President of Russia, the soft coup in the USA has collapsed. Not only has the US Intelligence Community (US IC) lost all semblance of credibility with incoming President Donald Trump, but the blackmail by the Central Intelligence Agency (CIA) of Senators John McCain and Lindsey Graham has been revealed by investigative journalist Wayne Madsen.
- World Order Under “Greatest Attack Since World War II” as Old Threats Rise Again
In the final days of the Obama administration, as the transfer of power gets underway to the new Trump administration, the geopolitical world is as exciting, dangerous, and volatile as ever. The dangers from China and Russia have prompted the incoming Secretary of Defense to warn about the enormous threats to the world order. Fiat Chrysler has been caught cheating on emissions in another market rocking scandal. Hard Brexit fears are rocking the currency world again, and the Turkish Lira has just touched its all time low amid a credit rating downgrade. Gold offers you insurance and protection for your retirement accounts.
- Trump calls CIA chief ‘fake news leaker’ after Brennan warns him about ‘talking & tweeting’
Donald Trump branded outgoing CIA chief Brennan “the leaker of fake news” after he told Trump to grasp the “Russia threat” instead of “talking and tweeting,” stirring up another feud between the incoming administration and the intelligence community. Tensions between US President-elect Donald Trump and the intelligence community escalated once again this weekend as outgoing CIA Director John Brennan fiercely attacked Trump’s views on US-Russia rapprochement. “I don’t think he has a full understanding of Russian capabilities and the actions they are taking on the world,” Brennan said on Fox News Sunday. With just several days to go until his inauguration, Trump “has to recognize that his words do have impact,” the CIA chief said.
- Trump vows ‘insurance for everybody’ in Obamacare replacement plan
President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid. Trump declined to reveal specifics in the telephone interview late Saturday with The Washington Post, but any proposals from the incoming president would almost certainly dominate the Republican effort to overhaul federal health policy as he prepares to work with his party’s congressional majorities. Trump’s plan is likely to face questions from the right, after years of GOP opposition to further expansion of government involvement in the health-care system, and from those on the left, who see his ideas as disruptive to changes brought by the Affordable Care Act that have extended coverage to tens of millions of Americans.
- 70 Nations Gathered In Paris Unanimously Call For The Creation Of A Palestinian State
On Sunday, the 70 nations that gathered in Paris for a conference on the Israeli-Palestinian conflict unanimously agreed to call for the creation of a Palestinian state. The joint declaration that was issued at the conclusion of the conference also endorsed UN Security Council Resolution 2334 which was adopted on December 23rd and the six principles that U.S. Secretary of State John Kerry laid out in his 71 minute speech on December 28th. If you would like to read the final draft of the joint declaration, you can do so right here. The good news is that this conference did not immediately recognize a Palestinian state, nor does it appear that additional action will be taken at the UN Security Council before Donald Trump is inaugurated on Friday. It had been feared that this conference may attempt to impose some sort of a solution on the Israelis and the Palestinians, but that didn’t come to pass. Instead, the conference participants agreed to work toward “a negotiated solution with two states, Israel and Palestine, living side by side in peace and security“.
- Mid-East Prophecy Update – January 15th, 2017
Pastor J.D. focuses in on the significance of all that's happened in just the first fifteen days of the year, namely, that of the unprecedented UN Resolution and Paris Peace Summit, taking place at the time of today’s prophecy update. By way of a clarification and an apology concerning Obama chairing the UN Security Council, I misspoke and should have said that he “was” (in 2009) and not “will become” (in 2017) the first president in history to do so.
- Welcome To One of The Most Pivotal Weeks In Modern American History
Many are anticipating that a wonderful new era of peace and prosperity is just a few days away, but others are using terms such as “civil unrest” and “civil war” for what they believe is about to happen in America. Without a doubt, Donald Trump is one of the most electrifying politicians in modern American history, but he is also one of the most polarizing. So will the next four years bring us together as a nation, or will anger, frustration, strife and discord tear us much farther apart? It is being projected that extremely large crowds of supporters will attend Donald Trump’s inauguration on January 20th, but the mainstream media is also reporting that “hundreds of thousands of protesters” are on their way to Washington. Many on the far left are hoping to turn Trump’s inauguration into one of the biggest riots in U.S. history, but thousands of law enforcement personnel are going to do their very best to prevent that from happening.
- Rex Tillerson Says Oil Companies Don’t Take Handouts. Exxon Mobil Gets $1 Billion A Year.
Rex Tillerson, President-elect Donald Trump’s nominee for secretary of state, denied that tax breaks to fossil fuel companies amount to subsidies during his Senate confirmation hearing on Wednesday. Yet Exxon Mobil Corp., the oil giant Tillerson worked at for 41 years and led for 10, receives between $700 million and $1 billion per year in government giveaways, according to a new analysis by Oil Change International, a nonprofit research firm that tracks the fossil fuel industry. During the hearing, Sen. Jeanne Shaheen (D-N.H.) asked Tillerson if he would pursue a 2009 pledge ― led by the United States and backed by Russia, China, India and 16 other nations ― to scale back subsidies for oil and other carbon dioxide-spewing fuels. Tillerson argued that he would have little influence over incentives baked into the tax code, and said he was “not aware of anything that the fossil fuel industry gets that I would characterize as a subsidy.”
- California Gets a Trillion Gallons in Fresh Rainwater and Tosses it in the Ocean
California just received enough fresh rainwater to entirely end the drought and still set some aside for later, but they still continue to dump water in the ocean for a bait fish. Liberals have a tendency to do more harm than good, especially when it comes to micromanaging the environment. Every year, California sends full amounts of rainwater out into the ocean. A giant swath of what used to be called, “the breadbasket of the world” is a desert because Sacramento with the help of Washington refuses to divert water to the farmland.
- Trump blasts ‘sleazebag operatives’ for ‘Russian dossier’ release, pledges hacking report in 90 days
The US president-elect has accused unnamed ‘sleazebag political operatives’ in both parties for publishing a dubious dossier alleging that he has ties to Russia, while pledging a full report on the alleged ‘Russian hacking’ of the US election in 90 days. In a series of tweets, Donald Trump reiterated his denial of the uncorroborated allegations published by Buzzfeed that claimed he had ties with the Russian government and was the target of potential Kremlin blackmail. “Totally made up facts by sleazebag political operatives, both Democrats and Republicans – FAKE NEWS! Russia says nothing exists. Probably released by ‘Intelligence’ even knowing there is no proof, and never will be. My people will have a full report on hacking within 90 days!” Trump said.
- Morgan Stanley to pay $13 million for overbilling clients: SEC
Morgan Stanley (MS.N) will pay $13 million (£10.6 million) to settle civil charges, after it overbilled some of its wealth management clients because of coding and other billing system errors, U.S. regulators said Friday. The Securities and Exchange Commission said the bank was also charged with violating custody rules designed to safeguard investor assets. The bank agreed to settle the case without admitting or denying the charges. A spokeswoman for Morgan Stanley's wealth management unit said the company was pleased to have the matter resolved. “All affected clients have been reimbursed and the firm has enhanced its policies and procedures, including discontinuing the use of certain legacy systems,” company spokeswoman Christine Jockle said in a statement.
- The Privacyless, Freedomless Smart City of 2030 the Elite Are Engineering
Well here's a fat bag of crazy for you, courtesy of the elites over at Davos ahead of their 2017 meeting. Add cashless in there of course, we would have but there are only so many words that will fit into a YouTube video title. If you look around at the way things are being manipulated on nearly every level right now, you can clearly see how society is being engineered for this future, as insane as it sounds…
- Trump’s Decision to Study Vaccine Safety with Controversial Activist Backed by Undeniable Evidence
Already President Elect Donald Trump has made a series of decisions that have caused holistic health advocates to raise their eyebrows in disbelief — including the appointment of an agricultural community packed with Big Ag executives that are closely allied with the chemical giants and big environmental polluters. However, there is one decision just announced that could benefit the lives, and health, of many children in the long run. The issue at hand is the safety of vaccinations, particularly children’s vaccinations. Trump, who has previously met with safe vaccine activists such as Vaxxed director Dr. Andrew Wakefield during his campaign, and gave money to support Jenny McCarthy’s fight for safer vaccines, has now asked Robert F. Kennedy Jr., a vaccine researcher and the nephew of former president John F. Kennedy, to lead a study on vaccine safety.
- New Report Exposes Rockefeller Dynasty's Role in “Climate” Scam
An unfathomably wealthy banking and oil dynasty has been hijacking governments, media organs, universities, non-profits, and other power centers to expand its control over the economy and the energy sector in particular, according to a recently released investigation by a watchdog group. That dynasty, of course, is the Rockefeller family. In essence, they have largely created, bankrolled, and weaponized what is known as the “green” movement “as a means to expand their empire over the past three decades,” the report found. Under the guise of fighting alleged “man-made global-warming,” the Rockefeller family and its billions have been bankrolling everything from “climate” journalism (propaganda) efforts, politicians, and “academia” to politically motivated “investigations” of energy companies and non-profit organizations by government officials. Billionaire extremist George Soros also helped fund the efforts, according to the report by the Washington, D.C.-based watchdog Energy and Environment Legal Institute (E&E Legal) entitled The Rockefeller Way: The Family’s Covert “Climate Change” Plan.
- Cabinet of Donald Trump
The cabinet of Donald Trump will replace Barack Obama's cabinet when each nominee is confirmed by the United States Senate and administered the oath of office, on or after January 20, 2017. Before confirmation, a high level career member of an executive department heads this pre-confirmed cabinet on an acting basis. The cabinet's creation is part of the transition of power following the 2016 United States presidential election.
- What Does The Future Hold For ‘Average Joes'? (Spoiler Alert: Feudalism)
What does the future hold for average people? Feudalism. And they’ll welcome it with open arms, convinced that they are embracing a smart, fair system that eliminates poverty. The greed, entitlement, and lack of ambition that seems inherent in many people today will have them slipping on the yoke of servitude willingly.
- What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”
Citigroup hit back at Goldman Sachs, after Goldman Sachs had slammed Citigroup in September. Citi analyst Keith Horowitz, in a note to clients, downgraded Goldman from the already dismal “hold” to a rare “sell” rating, citing Goldman’s valuation. He said Goldman would need an additional $4 billion in full-year revenues above current estimates – which, according to Reuters, are pegged at $32.3 billion – to get to a return on equity (ROE) that would justify the valuation. “While we expect Goldman will see improved trading revenues going forward, the path is relatively uncertain and the bar is relatively high,” he wrote. Goldman is scheduled to report earnings on January 18. So time to take profits and move on, according to Citi.
- Man Who Advises Top Sovereign Wealth Funds In The World Says 2017 Will Be ‘The Year Of Reckoning’
On the heels of the Dow hitting a new all-time high, today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world. Expect Major Market Turmoil In 2017. Michael Belkin: “Eric, 2017 is going to be the year of reckoning. Many global markets are at a major turning point. For example, the FT just reported that speculators have an all-time record 816,000 short positions in Treasuries. There has never been a number that high. I had my global clients short bonds and we took out 15 points on the short side. But recently I recommended they go long bonds because I think there is going to be a huge short squeeze in U.S. Treasury bonds.
- The False Economic Recovery Narrative Will Die In 2017
Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel far less fear than is warranted. Hey, why should they? We’ve managed around eight years skating on thin ice, why shouldn’t we expect eight more years of the same? The banking elites have done the job they set out to do, which was to drive the economy to the very edge of the financial cliff, and then keep it suspended there until the general public became comfortable living next door to the abyss.
- The “Curse” of Labor-Saving Machinery Is Nothing New
At the end of last year, Amazon unveiled, “Amazon Go,” a futuristic, fully-automated convenience store set to open its doors in Seattle, Washington, within the next few months. While this exciting new venture promises to make quick-stop shopping trips easier for busy consumers, critics are wary of this type of advanced automation, and fear its widespread use could jeopardize a vast amount of jobs. Amazon Go is a truly unique shopping experience free of lines, registers, and checkouts of any kind. Instead, the store utilizes its customers’ smartphones and “grab and go technology,” which allows the consumer to simply walk in, grab desired items, and then get on with the rest of their day.
- Will Automation Make us Poor?
Automation has become a huge concern in recent years. With computer algorithms getting more and more sophisticated, machines are becoming increasingly able to do jobs that are many people’s bread and butter. Driverless cars have been tested on our roads for years. Although they aren’t commercially available yet, they eventually will be. Once that happens, they’ll replace cab drivers, as well as people currently contracted by rideshare companies like Uber and Lyft. After all, if employers can remove the expense of paying drivers, they can provide their services for much cheaper while still retaining a greater net profit. Automated vehicles will also replace commercial freight drivers.
- D.C. National Guard Chief Fired Days Before Trump Inauguration: “The Timing Is Extremely Unusual”
“It doesn’t make sense to can the general in the middle of an active deployment,” rages D.C. Council Chairman Phil Mendelson (D) after Maj. Gen. Errol R. Schwartz, who heads the D.C. National Guard and is an integral part of overseeing the inauguration, has been ordered removed from command effective Jan. 20, 12:01 p.m., just as Donald Trump is sworn in as president. As The Washington Post reports, Maj. Gen. Errol R. Schwartz’s departure will come in the midst of the presidential ceremony, classified as a national special security event — and while thousands of his troops are deployed to help protect the nation’s capital during an inauguration he has spent months helping to plan.
- What Puerto Rico Can Teach Us About the Minimum Wage
This week, twenty states began implementing minimum wage increases that were passed during 2016. As the country waits to see how these increased wages this will affect the economy, the U.S. territories have already provided us with a grim example. After the 2007 Fair Minimum Wage Act was passed, each of the fifty states was required to raise the minimum wage from $5.15 an hour in 2006, to $7.25 by 2009. Few Americans realize that this legislation was also applied to the U.S. territories of Puerto Rico, American Samoa, and the Northern Mariana Islands, who were also forced to raise wages.
- Venezuelan president hikes minimum wage by 50 per cent, 5th raise in a year
Venezuela‘s socialist President Nicolas Maduro announced on Sunday a 50 percent hike in the minimum wage and pensions, the fifth increase over the last year, to help shield workers from the world’s highest inflation rate. The measure puts the minimum monthly salary at 40,683 bolivars – about $60 at the weakest exchange level under the state’s currency controls, or $12 at the black market rate. “To start the year, I have decided to raise salaries and pensions,” he said on his weekly TV and radio program.
- China's $3 Trillion In Reserves Questioned After PBOC Reports $41 BIllion In December Outflows
In late December, ignoring the official Chinese monthly reserve data and instead using a dataset provided by China's FX regulator SAFE on cross-border RMB flows and on onshore FX settlements, Goldman calculated the true amount of Chinese FX outflows and found that Beijing has continued to mask the full extent of its capital flight, which in November spiked to $69 billion (well above the reported, currency adjusted number of $34 billion). Furthermore, it found that “since June, this data has continued to suggest significantly larger FX sales by the PBOC than is implied by FX reserve data.” Even more troubling, Goldman calculated that cumulatively since August 2015 through November 2016, FX outflow totaled roughly US$1.1 trillion, while implied FX sales suggested by PBOC’s FX position (headline reserves after adjusted for currency valuation effect) were approximately US$630bn (US$540bn), indicating that the real rate of reserve depletion was nearly double that represented by PBOC reserve data.
- China Launches Bitcoin Crackdown: PBOC Will Probe Abnormal Investor Behavior “And Rectify Misbheavior”
Having long been advocates of Bitcoin (ever since Sept. 2015 when it traded at $230) for the simple reason that we were confident the digital currency would eventually become China's favorite means of circumventing capital controls – precisely as has transpired – two months ago we warned that the unprecedented surge which made bitcoin the best performing asset in the past year with a 5x return, may be ending as “China Prepares To Impose Curbs, “Capital Controls” On Bitcoin.” Since then, and especially over the past week, China has launched a series of incremental steps designed to do just that, which culminated on Friday when China's central bank issued a statement calling the changes in the virtual currency “abnormal”, and said authorities have required the trading platform to operate in compliance. They urged the platform to “probe investors' behavior and to “rectify misbehavior.”
- Hungary Plans to Crack Down on All Soros-Funded NGOs
Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union member will use “all the tools at its disposal” to “sweep out” NGOs funded by the Hungarian-born financier, which “serve global capitalists and back political correctness over national governments,” Szilard Nemeth, a vice president of the ruling Fidesz party, told reporters on Tuesday. No one answered the phone at the Open Society Institute in Budapest when Bloomberg News called outside business hours.
- Ron Paul Sums Up Nobel-Peace-Prize-Winning President Obama In One Short Sentence
Following our discussion of the unprecedented bombing-fest that has been undertaken during President Obama's reign… Seven years after being awarded the Nobel Peace Prize for his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” despite having been in office for less than one year and having pretty much no actual, tangible foreign diplomacy accomplishments at the time, President Obama will depart the White House having dropped 26,171 bombs on foreign countries around the world in 2016, 3,027 more than 2015. According to an analysis of Defense Department data from the Council on Foreign Relations, a non-partisan think tank, the majority of Obama's 2016 bombs were dropped on Syria and Iraq. Meanwhile, Afghanistan, a country President Obama vowed U.S. troops would evacuate completely by the end of his Presidency, was also bombed over 1,300 times, a 40% increase over 2015.
- The ‘party of Davos' wakes up to the new, new world order
Influential business leaders and lawmakers once again descend on the Swiss Alpine resort of Davos next week against a backdrop of rising populism, and early indications suggest they will at least acknowledge the dramatic political shifts of the last twelve months. Election wins for Donald Trump and Philippine President Rodrigo Duterte, as well as the U.K.'s vote to leave the EU, were widely seen as a rejection of current socio-economic models. Populism became a key story of 2016 and will be front and center in Davos ahead of elections this year in France, Germany, the Netherlands and most likely Italy. In a nod to this current mood, this year's World Economic Forum (WEF) is titled “Responsive and Responsible Leadership” and its official agenda describes a “weakening of multiple systems” that has eroded confidence and speaks of a possible “downward spiral” fuelled by protectionism, populism and nativism.
- Wal-Mart To Cut “Hundreds” More Jobs Before End-January
Despite the proclamations from The White House and its lackeys that this is the best jobs recovery ever and we are at full employment, it appears all is not well at the world's third largest employer. We've discussed many times the fact that Walmart had been overly eager to boost everyone's wage in order to appease the living wage crowd, and as a result the company had to move forward with massive layoffs and store closings to try and mitigate the impact on profits. Earlier last year we also noted that Walmart is testing out drones that when operational, will be able to carry out what once were human tasks in its large distribution centers. This effort will further position the company to be able to shed more labor and benefit expense in the future. That said, Walmart isn't waiting for the drone initiative to come online. After firing 7,000 in September, The Wall Street Journal reports, Wal-Mart is preparing another round of job cuts at its headquarters before the end of the month, according to people familiar with the situation.
- Healthcare Chaos Emerges After Trump Backtracks, Demands Immediate Repeal Of “Catastrophic” Obamacare
Perhaps as a result an angry backlash to last night's report by the WSJ that President-elect Donald Trump had allegedly sided with Rand Paul in pushing to delay the repeal of Obamacare until such time as there is a suitable replacement option, which as we explained are two entirely distinct processes, and that an ACA replacement could take years as it would require bipartisan support, moments ago the the NYT reported that Trump appears to have backtracked on his position as recently as yesterday, and has pressed Republicans to move forward with the “immediate repeal” of the Affordable Care Act and to replace it very quickly thereafter, saying, “We have to get to business. Obamacare has been a catastrophic event.”
- The Dakota Access Pipeline is the Best Way to Move Bakken Crude Oil to Market.
The Dakota Access Pipeline (DAPL) is the safest and most environmentally sensitive way to transport crude oil from domestic wells to American consumers. It is the result of an extensive process that involved review and approval by the U.S. Army Corps of Engineers and regulators in North Dakota, South Dakota, Iowa, and Illinois. It will be among the safest, most technologically advanced pipelines in the world.
- Trump’s Approval Rating Is Supposedly Only 37 Percent, But Small Business Optimism Just Hit The Highest Level In 12 Years
A Quinnipiac University Poll that was released on Tuesday says that Donald Trump only has an approval rating of 37 percent. Meanwhile, that same survey found that Barack Obama currently has an approval rating of 55 percent. Of course considering the fact that Quinnipiac polls showed Hillary Clinton winning the election in November easily, perhaps we should not put too much stock in these results. But other polling organizations have come up with similar results. In fact, an average of nine recent polls indicates that Trump’s approval rating is somewhere around 42 percent. So without a doubt there are a whole lot of people out there that do not like Donald Trump.
- Pastor Lindsey Williams introduces Pastor David Bowen – January 12, 2017
Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams’ weekly newsletter.
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