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Pastor Lindsey Williams introduces Pastor David Bowen – March 23, 2017

Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter. If you are not a subscriber please subscribe for free by entering your name and email address in the box below.

Pastor David Bowen is pastor of Standing Stones Community Church in Phoenix, AZ. For more information about Pastor Dave please visit http://standingstonescc.org/

Pastor Dave is also creator of the website Interpreting The Times, understanding world events through scripture. You can find out more by visiting http://www.interpretingthetimes.com/

 


Latest News Articles – March 23, 2017

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.

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Lindsey Williams - Latest News Articles

Latest News From March 17, 2017 to March 23, 2017:

  • Keiser Report – Health Care ‘Hard Choices’
    We discuss the allegedly ‘hard choices’ in resolving America’s problem providing health care. In the second half, Max talks to trends forecaster, Gerald Celente of TrendsResearch.com, about the Fed’s interest rate hike and whether or not Trump’s threatened trade wars will lead to hot wars.
  • Great Recession Headed for Greater Depression
    Money manager Michael Pento says don’t believe the Fed when it says “the economy is doing well.” It’s not. Pento explains, “As long as the stock market continues to go up, the Fed is going to continue to slowly raise interest rates. So, when the inevitable collapse occurs, and that’s what the Fed does, the Fed is in the business of lowering interest rates, creating asset bubbles, which pile up the level of debt, then raising rates and collapsing the economy. That’s their mantra. That’s their MO (modus operandi) and it has happened over and over again. The occurrences are going to be much more dire as we go through time. So, the Fed is trying to get bullets in the chamber. The Fed is going to raise rates slowly. The yield curve is going to invert. . . . We are going to have another catastrophe in the stock market and in the bond market and in the real estate market and in the global economy.”
  • ALERT: Big Money Just Made A Massive Short Bet Against The U.S. Stock Market!
    After this week’s Fed decision, big money just made a massive short bet against the U.S. stock market. Smart Money Establishes A Big Short. Jason Goepfert at SentimenTrader:  “Last August, “smart money” commercial hedgers in S&P 500 futures were net short about $24 billion worth of the full and e-mini contracts. As stocks declined into October, they covered and went net long. Even as stocks climbed, they added to their positions, ultimately having long exposure worth about $13 billion…
  • The Upcoming Trade War Between The U.S. And China Will Be The Biggest In The History Of The Planet
    The United States and China are the two largest economies in the world by far, and the upcoming trade war that is about to erupt will be cataclysmic for both sides.  The Trump administration and the Chinese government are both gearing up for a prolonged trade war, and this is going to have very severe implications for the entire global economy.  During the campaign, Donald Trump repeatedly stated that we “can’t continue to allow China to rape our country”, and he was quite correct about that.  Over the past ten years, the U.S. has run a trade deficit of over $2 trillion with China, and as a result of imbalanced trade we have lost tens of thousands of manufacturing businesses, millions of good paying jobs, and hundreds of billions of dollars of tax revenue.
  • The Global Famine Begins: UN Announces That The Worst Food Crisis Since World War II Is Happening Right Now
    We always knew that this would start happening.  Earlier this month, I wrote about the severe economic problems that are plaguing South America, but up to this point I have neglected to discuss the horrific famines that are breaking out all over Africa.  Right now there is a desperate need for food in South Sudan, Somalia, northeast Nigeria, Eritrea and Kenya.  And Yemen, even though it is not technically part of Africa, is being affected by many of the same factors that are crippling nations all over eastern Africa.  The United Nations says that more than 20 million people could die from starvation and disease if nothing is done.  When I write about economic collapse, this is the kind of thing that I am talking about, and we are starting to see alarming conditions spread across the globe.  Many believe that we could never possibly face this kind of food crisis in the western world, but unfortunately wishful thinking will only get you so far.
  • 1961 Prophecy From Evangelist Tommy Hicks Described The Army Of The Last Days That Is Rising Now
    More than 50 years ago, God showed evangelist Tommy Hicks what the mighty army of the last days would look like. Hicks was best known for his work in South America, and you can see some old photos of him ministering during the Argentinian revival of 1954 here. According to Hicks, on the morning of July 25th, 1961 he was shown the same vision “three times, exactly in detail”, and what he saw changed the course of his life forever. In this vision God revealed to Hicks that the Spirit of God would be poured out on “the nobodies” all over the world in the last days, and that this incredible army would shake the world for God like we have never seen before.
  • First Real Hope for Flint Water as Trump Bestows $100 Million
    Under authority granted the agency by the Water Infrastructure Improvements for the Nation Act of 2016, the EPA just issued a $100 million grant to the beleaguered city of Flint, Michigan, to help in the effort at replacing the city’s badly corroded and lead-tainted system of water pipes. Some progressive critics of President Donald Trump have pointed to his proposed budget cuts at the Environmental Protection Agency as proof that he is a terrible president who doesn’t care about ensuring that Americans have clean air and water. However, the recent report from The Daily Caller about Trump’s EPA grant just did threw that narrative into a tailspin.
  • “This Is Going To Blow Sky High” – Observations On Canada's Housing Market
    For months we've been warning about real estate bubbles re-emerging in various markets around the world from Canada to Australia (see “There Are 66,719 Empty Mansions In Vancouver” and “Vancouver Home Sales Crash 40%, As Toronto Home Prices Soar 22%”).  And while facts and figures clearly indicate that certain markets are bubbling over courtesy of all the same mistakes that caused the ‘great recession' in 2008, nothing helps to confirm the truly obscene nature of a real estate bubble quite like attending a good ole-fashioned, get-rich-quick real estate expo. As such, below are the musings of one financial market observer who recently attended the Canadian Real Estate Wealth Expo as a joke but walked away convinced the system is about “to blow sky high.”
  • Another Senior Russian Official Has Died
    Since the day of Donald Trump's election, high-ranking Russian officials have been dropping like flies and today's reports that a top official of Russia's space agency has been found dead brings the total to eight. As we noted previously, six Russian diplomats have died in the last 3 months – all but one died on foreign soil. Some were shot, while other causes of death are unknown. Note that a few deaths have been labeled “heart attacks” or “brief illnesses.”
  • Gartman Goes Short: “Something Broke In The Markets Yesterday”
    Just when it seemed the follow through from yesterday's selloff would continue, algos may have found the only catalyst they need to lift some offers: in his overnight note, Dennis Gartman writes “we actually ventured to the short side of the market, buying bearish derivatives and by 1:00 in the afternoon, doubling those positions and carrying them “home” through the close of trading.”
  • EU Taxpayers Brace As Deepening Banking Crisis Means Euro-TARP Looms
    If the ECB scales back stimulus, banks face even greater risk of collapse. But now there’s a new solution. Events are moving so fast in Europe these days, it’s almost impossible to keep up. While much of the attention is being hogged by political developments, including the election in the Netherlands, Reuters published a report warning that the European banking sector may face even higher bad loan risks if the ECB begins to scale back its monetary stimulus programs, something it has already begun, albeit extremely tentatively. The total stock of non-performing loans (NPL) in the EU is estimated at over €1 trillion, or 5.4% of total loans, a ratio three times higher than in other major regions of the world.
  • Used Car Prices Crash Most Since 2008
    According to NADA Used Car Guide, wholesale prices on used vehicles are getting crushed. Let’s take a look at the details. NADA partially blames late tax refunds for some of the declines in March. While it’s true the IRS slowed claims for the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) to combat fraud, late refunds in 2017 cannot possibly explain an eight-month trend. Yet, based on tax refunds, NADA expects a rebound in used car prices in March. With massive incentives on new vehicles, I say, let’s see. Regardless, it’s pretty clear that car sales are slowing, and it takes bigger and bigger incentives to push them out the door.
  • We may have just moved closer to a global trade war
    Until now, Wall Street investors and foreign leaders had given President Donald Trump's antitrade views the benefit of the doubt, dismissing some of Trump's louder threats to rip up global commercial agreements as mere bluster. That perception changed significantly this weekend, when Trump's Treasury secretary, Steven Mnuchin, seen as among the more moderate members of the administration, held his ground on weakening the Group of 20 nations' long-standing commitment to free trade.
  • EU chief Juncker: We'll make an example of Britain that no-one will want to follow
    European Commission President Jean-Claude Juncker is not worried about other EU countries leaving the bloc after Britain because Brexit will make them see it is not a good option, he said in a newspaper interview. Asked by Bild am Sonntag newspaper if other member states would follow Britain's example in quitting, Juncker said: “No. Britain's example will make everyone realise that it's not worth leaving.”
  • Theresa May to trigger article 50 on 29 March
    Theresa May will trigger article 50 on Wednesday 29 March, the prime minister’s spokesman has confirmed. The UK’s permanent representative to the European Union, Sir Tim Barrow, notified the EU on Monday morning that a letter should be expected on that date. May, who was visiting Swansea on Monday, intended to visit Northern Ireland and Scotland before the formal notification was sent by letter on 29 March, Downing Street said.
  • White House meeting with Trump was catastrophic for Merkel
    There were discernible slights and insults for German Chancellor Angela Merkel at her first meeting with US President Donald Trump at the White House on Friday. For Donald Trump, it was just another day, full of outrageous behavior and controversy. The grave consequences of rudeness at this rarefied diplomatic level should not be underestimated. But it was nuances of what was said and what wasn’t said at the White House that will have the more far reaching results. Angela Merkel was portrayed by the world media as a put upon woman, a victim of the slights of a misogynist. But she is a mature and substantial politician in her own right. She will know that she came away from this summit with nothing. She is the kind of consensus, liberal politician that Trump holds in the greatest contempt. And she has the most to fear.
  • Ukraine says IMF suspends discussion on fresh handout
    Ukraine on Sunday said the International Monetary Fund has postponed a board discussion on disbursing a new $1-billion loan tranche after Kiev cut trade links with Russian-backed rebel eastern regions. “The IMF board of directors has postponed for a short period the review planned for Monday of the issue,” Ukraine's finance ministry said in a statement. There was no separate confirmation from the IMF.
  • Row Breaks Out At G-20 Over Future Of Global Trade
    One day after yesterday's at times painfully uncomfortable first official meeting between Angela Merkel and Donald Trump, it will hardly come as a surprise that during today's G-20 meeting in Baden Baden, Germany- the first for the Trump administration, whose delegation is led by Treasury Secretary Steven Mnuchin – where the dominant topic is trade, and specifically globalization vs protectionism, that a row would break out over how the post-Trump world will deal with trade.
  • Mexicans Flood Into Canada As 2017 Border Detentions Surpass All Of 2016
    A couple of days ago we noted that Mexican immigrants were suddenly flooding into Canada to avoid deportation from the U.S.  The increase in northern border crossings came, at least in part, courtesy of Canada's decision to lift visa requirements for Mexican ‘tourists' as of December 1st.  Per the new rules, rather than a visa, under Trudeau's administration, Mexicans are now only required to have a so-called Electronic Travel Authorisation (ETA) which can be purchased online for CAD $7. Unfortunately, while Canada's relaxed travel requirements were applauded as an enlightened, progressive alternative to Trump's xenophobic, racist approach to immigration, under the surface, Canada's policies still function much like Trump's proposals.  As Mexican immigrants are suddenly finding out, while Canada is happy to host ‘tourists' from our Southern neighbor, getting a work visa can be nearly impossible and Mexicans with a criminal record are not welcome.
  • Is Denmark On The Brink?
    Iben Thranholm examines political and social events with focus on their religious aspects, significance and moral implications. She is one of Denmark’s most widely read columnists on such matters. Thranholm is a former editor and radio host at the Danish Broadcasting Corporation (DR), at which she created a religious news program that set a new standard for religious analysis in the newsroom. She has traveled extensively in the Middle East, Italy, the United States and Russia to carry out research and interviews. She has been awarded for her investigative research into Danish media coverage of religious issues.
  • Headaches Set In for Traders With NYSE Glitch Near Market Close
    NYSE Group sowed confusion among traders after a technical error hobbled one of its exchanges on Monday, wreaking havoc on hundreds of exchange-traded funds. NYSE Arca, the largest U.S. listing venue for ETFs, left traders scrambling at the end of the trading day after a system upgrade went awry. An upgraded version of its software that went live on Monday derailed closing auctions for certain securities, a key moment at the end of the trading day. The exchange shifted to backup methods for calculating the closing prices for most names, and went back to using an old version of its software, according to an email to clients. A total of 341 symbols did not complete their closing auctions, the exchange said.
  • Venezuela has a bread shortage. The government has decided bakers are the problem.
    Facing a bread shortage that is spawning massive lines and souring the national mood, the Venezuelan government is responding this week by detaining bakers and seizing establishments. In a press release, the National Superintendent for the Defense of Socioeconomic Rights said it had charged four people and temporarily seized two bakeries as the socialist administration accused bakers of being part of a broad “economic war” aimed at destabilizing the country.
  • It's Time To Get Painfully Honest: Banks Are Evil
    I don't talk to my classmates from business school anymore, many of whom went to work in the financial industry. Why? Because, through the lens we use here at PeakProsperity.com to look at the world, I've increasingly come to see the financial industry — with the big banks at its core — as the root cause of injustice in today's society. I can no longer separate any personal affections I might have for my fellow alumni from the evil that their companies perpetrate. And I'm choosing that word deliberately: Evil.
  • ‘Anonymous' Joins Hacker Crusade To Steal Millions From Global Central Banks
    Roughly a year ago we wrote about perhaps the most notable bank heist in history in which a group of hackers used Swift, the interbank messaging system, to steal $81 million from the Central Bank of Bangladesh. But Bangladesh isn't the only country whose Central Bank has been targeted by a growing number of hackers seeking to score a quick, and massive, loot.  As Bloomberg notes, hacks on global financial systems soared in 2016 and claimed Russia, Poland, Uruguay and Mexico, just to name a few, as victims.
  • Deported Mexicans Vow To Flood Into Canada – Immigrating To “The U.S. Is Over…Now It's Canada's Turn”
    Canada has been applauded in recent months for its decision to lift visa requirements for Mexican ‘tourists' as of December 1st.  Rather than a visa, under Trudeau's administration, Mexicans are now only required to have a so-called Electronic Travel Authorisation (ETA) which can be purchased online for CAD $7. As one media outlet praised, the move “provides a stark contrast to proposed policies from the US president-elect Donald Trump, who has said he will immediately deport between two and three million illegal immigrants and will build a wall along the US-Mexican border.” Not surprisingly, news of the rule changes in Canada quickly made the rounds in the migrant community with one recently-deported Mexican nationalist declaring that “For those without documents, I think (the United States) is over. Now it's Canada's turn.”
  • Why Is Goldman On A Buying Spree For Delinquent Mortgages
    Last year Goldman Sachs entered into a settlement with federal and state governments over its role in packaging and selling toxic mortgage-backed securities in the housing meltdown to unsuspecting buyers while subsequently turning around and shorting those very same securities.  As part of the settlement, Goldman agreed to provide $1.8 billion in homeowner debt relief to delinquent U.S. borrowers. The only problem with the settlement is that Goldman doesn't actually own any mortgage debt, they prefer to package it up into pretty little bundles, slap a AAA rating on it and sell it to pension funds for a fee instead. Of course, that's not a problem for Wall Street's vampire squid because they've found a whole other way to satisfy the entire $1.8 billion settlement without funding a single penny of that obligation in cash, in fact, they're making money on the scheme.
  • The EPA May Have Been in Bed with Big Pesticide for Years
    There is, at the moment, a massive lawsuit against the Monsanto company regarding Roundup, its most popular pesticide. The company is being sued by citizens who maintain that glyphosate, the active ingredient in Roundup, is responsible for their cancers. On Tuesday, the judge overseeing the case unsealed some of the documents that have been filed related to the case, and nobody comes out clean-not the company and, sadly, not the EPA, either.
  •  Our Political Economy Is Designed to Create Poverty and Inequality
    Let me begin by sharing with you the story of an inner-city Cleveland family of seven, two adults and five children all under the age of 11. The family did not own a home. They were renters. As the family grew, it became ever more difficult to find rent. At one point the old car in which they roamed the city in search of rent became their living quarters. Evenings, the father and mother and a newborn slept in the car’s front seat, and the four other children, in the back.
  • Rand Paul introduces the most sweeping reform of civil asset forfeiture law in decades
    Sen. Rand Paul has long taken the lead in calling for the reform of civil asset forfeiture laws, a controversial police practice in which authorities basically steal the property of citizens without due process and little recourse. Billions have been seized from citizens by the police based on nothing more than suspicion, which many see as a direct violation of the Fifth Amendment. It’s state-sanctioned theft. “Under civil forfeiture laws, your property is guilty until you prove it innocent,” says the Institute for Justice’s Scott Bullock. On Thursday, Sen. Paul reintroduced FAIR (Fifth Amendment Integrity Restoration) Act, which specifically addresses victims of civil asset forfeiture who have not been convicted of a crime.
  • Associate of Paul Craig Roberts Just Warned This Major Market Is Ready To Collapse
    As the world awaits the Fed’s decision on interest rates, today an associate of former Assistant U.S. Treasury Secretary official, Dr. Paul Craig Roberts, just warned that this major market is ready to collapse. “There’s so much inventory, and that influx is hitting across all price points, even studios.” – Director at Douglas Elliman. NYC was one of the first markets hit hard in 2007-2008. This Is Beginning To Happen Across The Country. Dave Kranzler:  For awhile, any weakness in the NYC housing market was attributed exclusively to the high end. I am on record stating that price dynamic would spread to all price segments. It’s not rocket-science, it’s simple supply/demand/price economics. Studio rents in NYC dropped the most on record in February. This same dynamic is also beginning to happen in many of the other hottest cities across the country…
  • Greyerz – The Greatest Bubble In History Is Beginning To Implode
    With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that the greatest bubble in history is beginning to implode. Things Are Finally Beginning To Implode. Egon von Greyerz:  “So the Fed decision is finally out. The rate increase was a certainty. But the problem is that no one believes the Fed, not even the Fed itself…
  • Billionaire banker David Rockefeller dies aged 101
    Former Chase Manhattan Chief Executive David Rockefeller has died at the age of 101. Rockefeller died in his sleep at home in Pocantico Hills, New York, on Monday morning as a result of congestive heart failure, according to a family spokesperson Fraser P. Seitel. The businessman, who had an estimated fortune of $3 billion, retired as head of Chase Manhattan in 1981 after a 35-year career.
  • America in Totally Unknown Territory
    Former CIA Station Chief Scott Uehlinger says the 2016 Presidential Election put “America in totally unknown territory.” Uehlinger explains, “I lived in countries like Azerbaijan, Moldova and Kosovo.  These were rough and tumble places where this was my bread and butter.  There was always a Prime Minister or a head of state that was using intelligence services to embarrass or frame or destroy members of the opposition party.  This is something I have seen time and time again.  This is something I have had to collect intelligence on time and time and time again, and I think this kind of gives me a unique perspective into what is going on in the United States right now.  I have seen this all before, but we also have to remember that this has never been here before.  This is something new for Americans and, unfortunately, it’s not really new for me.
  • Woman That Prophesied Trump Would Win Now Warns That A “Great Shaking” Is Coming And Churches Will Fall
    If Dr. Patricia Green is correct, America is about to be shaken like we have never seen before. And considering her track record, I would take what she has to say very seriously. She correctly prophesied in advance that Donald Trump would win the election in November. If you are not familiar with this prophecy, you can find it on a video that she published on September 28th right here. She also correctly prophesied Barack Obama’s first election victory in advance, and she did it at a time when Hillary Clinton was expected to get the Democratic nomination. So unlike many other “prophets” that are floating around these days, she has a very long track record of being accurate.
  • A Rare Solar Eclipse In 2017 And Another One 7 Years Later In 2024 Will Mark A Giant ‘X’ Across The United States
    On August 21st, 2017, something is going to happen in the United States that has not happened since 1918. On that date, a total solar eclipse will be visible all the way from the east coast to the west coast. Incredibly, another rare solar eclipse of this nature will move across the country just seven years later in 2024. If you plot the projected courses of these two solar eclipses on a map, you will find that they form a giant “X” across the continental United States. In the Scriptures, Jesus told us that “there shall be signs in the sun, and in the moon, and in the stars” just prior to His return, and many are speculating about what this giant “X” might mean.
  • The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins…
    On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised.  For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, but it won’t be too long before we get to a major crisis point because the federal government is quickly running out of cash.  Already, the U.S. Treasury has less cash on hand than Apple or Google, and that cash balance is going to keep on dropping until the debt ceiling is finally lifted. You may remember that the debt ceiling became a major issue a couple of times during the Obama years.  Last time around, Barack Obama and the Republicans in Congress agreed to a horrendous deal which suspended the debt ceiling until several months after the 2016 election…
  • 12 Reasons Why The Federal Reserve May Have Just Made The Biggest Economic Mistake Since The Last Financial Crisis
    Has the Federal Reserve gone completely insane?  On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the months ahead.  When the Federal Reserve lowers interest rates, it becomes less expensive to borrow money and that tends to stimulate more economic activity.  But when the Federal Reserve raises rates , that makes it more expensive to borrow money and that tends to slow down economic activity.  So why in the world is the Fed raising rates when the U.S. economy is already showing signs of slowing down dramatically?  The following are 12 reasons why the Federal Reserve may have just made the biggest economic mistake since the last financial crisis…
  • Trump’s First War? ‘All Options Are On The Table’ As The U.S. And North Korea Prepare For The Second Korean War
    This may be the closest that we have been to war with North Korea since the original Korean War ended in 1953. The North Koreans are feverishly working to develop intercontinental ballistic missiles that could strike the U.S. mainland, and meanwhile Donald Trump has not moved from his position that North Korea will simply not be allowed to have ICBMs. If North Korea does not blink, it means that we are literally counting down the days until we go to war. Unfortunately, North Korean leaders appear to literally be insane and they have shown absolutely no signs of backing off. In 2016, North Korea tested two nuclear bombs and test-fired 24 missiles, and so far this year they have test-fired five ballistic missiles into the Sea of Japan.
  • Somebody is Lying About Spying, Fed Hikes Rates & Gold Spikes, War Update
    Somebody is lying about spying on Donald Trump. The Senate says they see “no evidence,” and yet the New York Times runs a story about revealing information that came from “wiretapping Trump aides.”  Respected Judge Andrew Napolitano says British Intelligence did the spying because it has 24/7 access to NSA records.  The British Spy agency denies this charged.  Bottom line, The Trump Administration is overtly and covertly under attack, and that is clear.  Expect a counterattack and soon from the Trump camp.
  • How The Federal Reserve Is Setting Up Trump For A Recession, A Housing Crisis And A Stock Market Crash
    Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump.  Politicians tend to get the credit or the blame for how the economy is performing, but in reality it is an unelected, unaccountable panel of central bankers that is running the show, and until something is done about the Fed our long-term economic problems will never be fixed.  For an extended analysis of this point, please see this article.  In this piece, I am going to explain why the Federal Reserve is currently setting the stage for a recession, a new housing crisis and a stock market crash, and if those things happen unfortunately it will be Donald Trump that will primarily get the blame.
  • Consumer Confidence: Democrats Expect “Deep Recession”, Republicans Look To New Golden Age
    UMich consumer confidence rose in the preliminary March print, beating expectations at 97.6 with current conditions surging but expectations stalling somewhat. This exuberance is occurring as real earnings growth slumps. But crucially, the partisan divide is unprecedented. The overall level of consumer sentiment remained quite favorable in early March due to renewed strength in current economic conditions as well as the extraordinary influence of partisanship on economic prospects.
  • Minimum wage hikes are causing businesses to cut jobs
    In January, 19 US states raised their respective minimum wages. Washington was among the most generous, hiking by $1.53 (bringing it to $11 per hour). Arizona got an increase of $1.95—their “bottom rung” now sits at $10 per hour. In all, 4.3 million workers are slated to receive a hike as they earn less than the new minimum wage in their respective states. Well, that’s what’s meant to happen. Judging by the fallout from recent hikes, it seems things aren’t going according to plan.
  • “We Are All Doing It”: Thousands Of Canadian Bankers Admit Lying To Customers To Boost Sales
    Several days after shares of Canada's TD Bank tumbled following reports that its employees were engaging in practices similar to those which led to a major scandal at Wells Fargo, which cost CEO John Stumpf his job and led to bonus clawbacks and numerous terminations over the practice of “cross-selling”, employees from all five of Canada's big banks have flooded CBC's “Go Public” whistleblower hotline with stories of how they too feel pressured to upsell, trick and even lie to customers to meet unrealistic sales targets and keep their jobs. In nearly 1,000 emails, employees from RBC, BMO, CIBC, TD and Scotiabank locations across Canada describe the pressures to hit targets that are monitored weekly, daily and in some cases hourly.  “Management is down your throat all the time,” said a Scotiabank financial adviser. “They want you to hit your numbers and it doesn't matter how.”
  • Amazon is going to kill more American jobs than China did
    Amazon.com has been crowing about its plans to create 100,000 American jobs in the next year, but as with other recent job-creation announcements, that figure is meaningless without context. What Amazon AMZN, +0.58%  won’t tell us is that every job created at Amazon destroys one or two or three others. What Jeff Bezos doesn’t want you to know is that Amazon is going to destroy more American jobs than China ever did. Amazon has revolutionized the way Americans consume. Those who want to shop for everything from books to diapers increasingly go online instead of to the malls. And for about half of those online purchases, the transaction goes through Amazon.
  • This Map Shows US States Renamed For Countries With Similar GDPs
    The U.S. economy is so big that all of the individual states are comparable to entire countries… As Visual Capitalist's Jeff Desjardins notes, not surprisingly – big states like California, New York, and Texas are very similar in size to other formidable economies like France, South Korea, and Canada. Perhaps even more interesting, however, is that even small states are similar to the size of countries.
  • Violent threats against the president are OK now?
    Turn on TV or browse your newsfeeds on social media, and you will be bombarded with polemics about the sky falling and credible threats of violence against conservative figures. The FBI investigated a threat to kill Milo Yiannoupolis for the audacity to want to speak on a college campus. Threats against former Labor Secretary nominee Andy Puzder’s wife caused him to withdraw himself from consideration. Multiple intimidatory remarks haunted members of the Trump-voting Electoral College. President Trump has been the target of declarations of violence on a near daily basis. And yet, when it comes to this constant flow of threats, there seems to be little outrage from the nation’s leading journalists and pundits.
  • Are Collapsing Pensions “About To Bring Hell To America”?
    The toxic dollar is bringing hell in a handbasket. Along with the student loan debt bubble and other major financial factors, the looming pensions crisis is bound to be the death of us all. Because it’s based on a future promise to pay, it has long been a benefit dangled to solve strikes and union disputes – because, in the end, it is just more debt, whether private or public. With tens of trillions in unfunded liabilities, the weight of an avalanche remains dangling over our heads. An aging population is cashing in on needed retirement benefits while the younger generations must support multiples that are unsustainable financially.
  • Intelligence Sources Reveal: Obama Used British Agents For Trump Wire Tap Surveillance
    While President Obama has vehemently denied issuing direct orders to the Justice Department or other domestic agencies to monitor President Trump during the 2016 election campaign, it is common knowledge that the National Security Agency has the ability to access video and audio from any number of devices in real time. In fact, according to Edward Snowden and documented in the recently released Snowden motion picture, U.S. spy agencies can simply flip a switch to watch or listen in on anything going on in a particular room by turning on a particular device’s cameras and microphones.
  • Canada Flagged For Recession By BIS
    As if Canadians needed more proof that the country’s real estate is in a bubble, and that this misallocation has spread to other sectors of the economy, the Bank of International Settlements released its latest quarterly confirming what any critical observer can see: binging on debt is rarely a good idea. Canada’s debt-to-GDP gap is widening and even the central bank of central banks is concerned. The BIS uses its credit-to-GDP analysis as an indicator and predictor of troubling economic waters. They claim successes in predicting financial crises in the United States, England and a few other economies. Generally speaking, according to the BIS, when a country’s credit-to-GDP gap is higher than 10% for more than a few years, a banking crisis emerges which is followed by a recession.
  • China Is Again Selling US Treasuries As Foreign Central Banks Liquidate $45BN
    After December's brief dead cat bounce, in which foreign central banks bought $18.6 billion in US Treasuries, breaking a streak of 12 consecutive months of selling, in January they resumed their liquidation. According to the just released TIC data, foreign official institutions, which includes mostly central banks, but also sovereign wealth funds and various other official entities, sold another $44.9 billion in Treasuries, in line with the aggressive selling seen for most of 2016. Curiously, the sales by foreign central banks were largely offset by purchases by private holders, mostly corporate institutions and foreign retail investors, who bought $37.9 billion in the month, the most since last March when they acquired $41 billion. Combining the two, foreigners sold a total of $7 billion in TSYs in January.
  • The Fed Just Gave Gold The Green Light To Move Higher
    On March 1st the US economy gave the Fed an inflation scare. That's when the Fed's favorite inflation measure, the PCE Price Index, reported a breakout higher. Most Fed officials scrambled to announce they were flipping from dove to hawk. But that was then. Yesterday morning however, the CPI release calmed the Fed enough so that they stuck to their pre-March 1st original plans. The real news yesterday was that, after all that huffing and puffing from Fed officials for the last couple of weeks, in the end, aside from the quarter-point rate increase which was widely expected, not much really changed. That gives gold the green light to push higher.
  • Steve Cohen Developing A.I. To Replace Expensive, Talentless Traders
    Steve Cohen, the infamous billionaire hedgie who plead guilty to insider trading back in 2013 and paid a record $1.8 billion penalty, has never been shy about offering up his opinion on the lack of real trading ‘talent' in New York.  Speaking at the Milken Institute Global Conference last May, Cohen said “Frankly, I’m blown away by the lack of talent…It’s not easy to find great people but we whittle down the funnel to maybe 2 to 4% of the candidates we’re interested in…talent is really thin.” And while we would be the last to argue that there's a huge pool of people in New York truly worthy of Cohen's coveted 8-digit salaries, we might suggest that in his particular case the pool of applicants may be somewhat limited to the select few people willing to risk jail time for their employer….but that's just pure speculation.
  • Balance Of Student Loans In Default Soars To Over $137 Billion
    Last week we noted a survey from LendEDU which found that 31% of college co-eds spend at least some portion of their student loan debt proceeds to fund week-long hedonistic, binge drinking trips to Cancun and Daytona Beach for spring break.  And, just to add insult to injury, 24% said they spend those taxpayer-subsidized loan dollars on drinking at school and 7% even splurge on drugs (see “31% Of College Students Spend Their Loans On Spring Break”). In light of those findings, it probably shouldn't be terribly surprising that, according to new data published by the U.S. Department of Education, $137 billion of federal student loans were in default as of December 2016, a 14% year-over-year increase.
  • Idaho House Votes Overwhelmingly To End Income Taxation Of Precious Metals
    By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the measure. If the Republican-controlled Idaho Senate follows suit and Governor Butch Otter (R) signs the bill, Idaho citizens will better be able to use gold and silver as a form of savings which protects against ongoing devaluation of America’s currency. Backed by the Sound Money Defense League, Idaho Freedom Foundation, Money Metals Exchange, and grassroots activists, HB 206 expands Idaho’s existing sales tax exemption to end Idaho income taxation of sales of “precious metals bullion” and “monetized bullion.”
  • Jones Bootmaker woes leave 1,145 jobs at risk
    There are hopes a buyer can be found for Jones Bootmaker as it stands on the cusp of falling into administration, placing 1,145 jobs at risk. The private equity owner of the 160-year old brand, Alteri Investors, has filed a notice to appoint administrators amid tough business conditions for the chain, which trades digitally and from 103 stores and concessions. The decision is designed to give it some breathing space from creditors seeking to recover debts from the footwear and accessories retailer while it seeks a new owner.
  • Trumpcare: Different Plan, Same Problems
    With his widely followed, and positively reviewed, address to Congress last week, President Trump showed how easy it could be to unite Washington around a big-budget centrist agenda on health care, immigration, taxes, infrastructure and the military. But the continued accusations surrounding his campaign’s alleged Russian connections, and the President’s conspiratorial responses, have insured that the battle lines have only hardened. However, anyone with even a casual concern with ballooning government debt should take notice just how easily both parties in Washington would agree to vastly expand the gushing red ink if a political truce can be brokered. Those fears should galvanize around the newly-issued Republican replacement for Obamacare. If such a monstrous bill could successfully navigate Congress, we would find ourselves stuck deeper in a deficit deluge than we can possibly imagine.
  • Ancient Babylonian Banking and Our Modern Financial System
    Ancient Babylonia is known as the “cradle of civilization,” because it helped develop many important parts of our modern society, from laws (Code of Hammurabi) to advancements in astronomy and architecture. It also helped establish rules and procedures that have influenced modern day banking institutions. A quick look back at Babylonian finance provides insights into the basics of how our financial systems work today.
  • Gold Surges Most Since Brexit After ‘Dovish' Fed Hike
    With the focus overnight on the Rutte ‘win' despite the surge in populist angst, and headlines from The Fed, PBOC, BoJ, and BoE sending global stocks to record highs, one might be forgiven for not noticing that Gold is surging (most since Brexit) following Janet's decision to raise rates for the 3rd time in 11 years – far outperforming other assets classes. The Dollar continued to get pounded overnight as China unexpectedly tightened policy…
  • Brexit Bill granted royal assent giving PM power to trigger Article 50
    Theresa May has been given the legal power to start Brexit talks after the Queen granted royal assent to the Article 50 Bill. Speaker John Bercow told MPs that the European Union (Notification of Withdrawal) Bill, which was passed by MPs and peers on Monday, had received its final sign off, prompting cheers from the Conservative benches. Mrs May has said she will invoke Article 50, the legal mechanism for withdrawal from the EU, by the end of the month in what will be a “defining moment” for the country.
  • Pastor Lindsey Williams introduces Pastor David Bowen – March 17, 2017
    Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter.

Precious Metals Are The Only Lifeboat! I have persistently WARNED you what was happening in the gold market and why you needed to convert your paper assets to physical gold and silver. You need to hedge against the financial instability with physical gold and silver. Call the experts to help you convert your IRA or 401k into Gold, Silver and Other Precious Metals. Call Regal Assets NOW before it's too late! Call Toll-Free 1-888-748-6766.

 


Pastor Lindsey Williams introduces Pastor David Bowen – March 17, 2017

Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter. If you are not a subscriber please subscribe for free by entering your name and email address in the box below.

Pastor David Bowen is pastor of Standing Stones Community Church in Phoenix, AZ. For more information about Pastor Dave please visit http://standingstonescc.org/

Pastor Dave is also creator of the website Interpreting The Times, understanding world events through scripture. You can find out more by visiting http://www.interpretingthetimes.com/

 


Latest News Articles – March 16, 2017

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.

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Lindsey Williams - Latest News Articles

Latest News From March 10, 2017 to March 16, 2017:

  • Eric Peters: “If China And The World Bank Are Right, We're Headed For A Depression”
    “Some people blindly invested offshore and were in a rush to do so,” explained China’s central bank chief, justifying his recent capital controls. “Some of this outbound investment was not in line with our own policies and had no real gain for China.” No doubt he’s right. The tycoons fleeing Chinese capital markets have done so selfishly. “So to regulate capital flows, I think it is normal,” concluded the central banker. Chinese credit relative to GDP has doubled in the past decade to 300%. Which remains less than the US at 350%, but the rate of Chinese credit growth is as unsustainable as it is difficult to reverse — without tanking the economy. The tycoons are running from this dynamic. Because such loops almost always end badly.
  • US Government Revenues Suffer Biggest Drop Since The Financial Crisis
    On the surface, today's monthly budget statement was disappointing: in February the US Treasury brought in total receipts of $172 billion, versus outlays of $364 billion, resulting in a decicit of $192 billion, more than tha $190 billion expected (if in line with last year's $192.6 billion deficit). For the fiscal year through Feb. 28, the total US budget deficit was $349 billion, virtually identical to the $351 billion deficit over the same period in 2016 and set to keep rising this year and for the foreseeable future.
  • Credit Reports to Exclude Certain Negative Information, Boosting FICO Scores
    Many tax liens and civil judgments soon will be taken off people’s credit reports, the latest move to omit negative information from the powerful financial scorecards. The decision by the three major credit-reporting firms— Equifax Inc., Experian PLC and TransUnion—could help boost credit scores for millions of U.S. consumers, but could pose risks for lenders. The reports and scores often help decide how much consumers can borrow for a new house or car as well as determine their credit-card spending limit.
  • Former Congressman Dennis Kucinich Warns Congress that CIA Wiretaps Are Real and It Happened to Him
    Restive cerements of the left have given pard-like support for the CIA  — believing the motives of the heralded agency to be only just and honorable, in  spite of all of the evidence suggesting otherwise. Hysterically, it was the left who've always been reticent about the motives of the CIA. According to a poll done by the WSJ/NBC, support for the CIA is soaring in recent months, alongside cognitive dissonance — due to ephemeral dreams of deep state coups being plotted against the Trump regime.
  • American Men Are Giving Up On Jobs
    I’ve written about this before, but there are 10 million American males between the age of 24 and 64 who have literally dropped out of the workforce. It means that they have given up on finding a job or are simply not looking. But, focusing on just one subset among those who are 24–64, we see that white working-class males’ labor force participation rate has dropped to 59%. The Economist has created something called a Forgotten Men Index, which shows the gap between white working-class men in particular and all men in general. I bring this data up because white working-class men have become the focus of much current political discussion. The participation numbers are similar or worse for other racial categories except for Asians.
  • FBI Used Best Buy's Geek Squad To Increase Secret Public Surveillance
    Recently unsealed records reveal a much more extensive secret relationship than previously known between the FBI and Best Buy's Geek Squad, including evidence the agency trained company technicians on law-enforcement operational tactics, shared lists of targeted citizens and, to covertly increase surveillance of the public, encouraged searches of computers even when unrelated to a customer's request for repairs.
  • Fed may have to accelerate rate rises to accommodate Trump policies: ECB's Visco
    The economic policies of U.S. President Donald Trump could hurt global trade and could speed up an increase in U.S. interest rates, European Central Bank policy maker Ignazio Visco said on Monday. “Given the current situation of the U.S. economy, which is close to full employment, strong fiscal expansion risks having a pro-cyclical impact,” Visco said in a speech at the Italian foreign ministry. “In such a case, the process of normalizing monetary conditions undertaken by the Federal Reserve could be less gradual,” said Visco, who sits on the ECB Governing Council and is the governor of the Bank of Italy.
  • Huge Oil Find Could Save Alaska's Oil Sector
    Spanish oil firm Repsol SA just announced the largest onshore oil discovery in the U.S. in three decades, a 1.2 billion barrel find on Alaska’s North Slope. Repsol has been actively exploring in Alaska since 2008 and finally hit a big one. The find came after drilling two wells with its partner, Armstrong Oil & Gas. Repsol says that it if it moves forward and develops the project, first oil could come by 2021. The field could produce 120,000 bpd, a significant volume given the predicament the state of Alaska finds itself in.
  • Gander Mountain files Ch. 11 bankruptcy, closing 32 stores
    Outdoor and sporting goods retail chain Gander Mountain says it plans to shut down 32 stores as part of a Chapter 11 bankruptcy filing. Gander Mountain announced on Friday that it plans to remain open, but is putting the business up for sale. Thirty-two under performing retail locations will begin a shutdown process in the next several weeks, according to the company. The list of stores slated for closing does not include the recently remodeled Gander Mountain at the Eastwood Mall Complex in Niles.
  • 2016 Debt Binge Produces (Surprise!) 2017 Inflation. Guess What That Means For 2018?
    Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past day, articles with the following headlines appeared in major publications around the world: Swiss inflation rises at highest monthly rate in 5 years. China February producer inflation fastest in nearly nine years. Year-over-year import prices at highest level in five years. ECB keeps bond-buying, rates unchanged amid inflation flare-up. Food inflation doubles in a month as UK shoppers start to feel the pinch. What happened? Well, towards the end of 2015 most of the world’s major governments apparently got spooked by deflation and decided to ramp up their borrowing and money creation.
  • The Conflict within the Deep State Just Broke into Open Warfare
    When do the unlimited powers of the Intelligence/Security agencies threaten America’s domestic and global national interests? The CIA and its political enablers claim the agency’s essentially unlimited powers, partially revealed by Wikileak’s Vault 7, pose no threat to America’s interests, since they are intended to “defend” American interests. This is the rationale presented by neocon CIA allies in both political parties: the CIA can’t possibly threaten America’s interests because the CIA defines America’s interests. This is the wormhole down which civil liberties and democracy have drained. It is an extraordinarily defining moment in American history when the director of the FBI publicly declares that there is no such thing as “absolute privacy” in the U.S.
  • U.S. Crude Stockpiles Soar, Gasoline Inventory Plunges
    U.S. crude oil inventories surged last week to another record high, while gasoline stocks went the other direction, posting their largest one-week drop in nearly six years, the Energy Information Administration said on Wednesday. Crude inventories rose 8.2 million barrels in the week to March 3, compared with analysts’ expectations for a 2 million-barrel build. Most of that – 4.6 million barrels – came from an unexpectedly large surge in stocks on the west coast. The ninth weekly crude build boosted total stockpiles, excluding the nation’s strategic petroleum reserves, to a fresh record of 528.4 million barrels.
  • Goldman Sachs: Zero Upside Left For Stocks This Year
    After the inflation in P/E multiples has sent the S&P500 to to a level above the 90% percentile of all historical valuations, Goldman has called a time out. The venerable firm says that there will be no more multiple expansion this year. As a result only one thing will push stock prices higher “as equity valuations compress as interest rates rise” – higher profits.
  • OPEC Back In Focus Amid Oil’s Latest Collapse
    OPEC and the U.S. continue to fight for dominance in the global oil market. The battle has been recently been defined by OPEC’s production cuts, but new U.S. shale production has been countering strongly as of late. Despite the current supply glut (especially in the United States), the price of oil has been kept in the lofty $50s for a while now, ever since OPEC and Russia agreed to restrict 1.8 million barrels of crude oil from the world market. The higher prices have led to higher profits, however, even in the U.S. These prices have incentivized increased U.S. production, allowing companies to be drilling at their highest rates in over a year, posed to reach record levels by year-end.
  • The American Media Hide From The Truth
    The CIA created and accumulated from other sources a huge array of malware and cyber attack capability capable of stealing information from any individual, any government, any corporation, any intelligence agency and either leaving no trace or leaving a “fingerprint” of an innocent party. The CIA, being arrogant and incompetent, lost control over its monster which escaped and now is in the hands of we know not who. Floating around the Internet, it was sent to WikiLeaks.
  • The US government now has less cash than Google
    In the year 1517, one of the most important innovations in financial history was invented in Amsterdam: the government bond. It was a pretty revolutionary concept. Governments had been borrowing money for thousands of years… quite often at the point of a sword. Italian city-states like Venice and Florence had been famously demanding “forced loans” from their wealthy citizens for centuries.
  • When will Brazil emerge from the worst ever recession? 
    Try as they may, Brazil’s legislators have been unable to carve a dent in what has now become the worst recession in the country’s history. Recent data from the Instituto Brasileiro de Geografia e Estatística (IBGE) – the country’s official statistics agency – shows that Brazil’s GDP growth contracted by 3.6 per cent in 2016. This puts immense pressure on President Michel Temer who is already fighting on multiple fronts. He faces a number of corruption charges, has a popularity rate around 10 per cent according to pollsters, and has been struggling to push through radical, if not controversial, reform measures in congress.
  • $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode
    According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars.  Other estimates put that figure closer to 200 trillion dollars, but for the purposes of this article let’s use the more conservative number.  If you take 152 trillion dollars and divide it by the seven billion people living on the planet, you get $21,714, which would be the share of that debt for every man, woman and child in the world if it was divided up equally. So if you have a family of four, your family’s share of the global debt load would be $86,856.
  • Trump Needs a War Team
    Former Assistant Secretary of Housing and financial advisor Catherine Austin Fitts says the Trump Administration is at the beginning of a long war against his deep state enemies. Fitts recommends, “I don’t think it’s an accident that WikiLeaks dumps out documents proving that the CIA has the capacity to do a hack and make it look like the Russians.  So, what we are watching are war games.  This is like chess.  You try to take out the lieutenants before you take out the queen. . . . My guess is you have very significant capacity on the Democrat side, literally hundreds of people and law firms doing surveillance and intelligence, and figuring out how they can weaken the Trump team.  Now, what we see coming back the other way, including the WikiLeaks dumps, there is clearly capacity on the other side.  The Trump team is going to have to build two lines.  The key to being successful in an operation like this is you need a team.  In the story of Nehemiah, when the wall was broken, they needed a tool in one hand and a weapon in another.  Trump is going to have to put together a war team that can handle and manage the warring back and forth between the factions.   You do not want that war to interrupt or undermine your management team.  You’ve got to have your Cabinet, and their job is to “Make America Great Again.”  Ultimately, that’s how you are going to be judged, and the general population will support you if you keep doing that.  You don’t want your team to be buried by war games.”
  • Noah’s Flood of Cash Coming
    Mexican billionaire and retail magnate Hugo Salinas Price is a big proponent of using silver as money in Mexico. Salinas Price explains, “The idea is not to go back to a silver standard, but to create a parallel currency which would be a monetized silver coin.  It would not bear a stamped value.  It would be a plain silver coin with a quoted value given to it.  This value would be adjusted upward with a fall in the value of the peso or a rise with the price of silver.” Salinas Price pushed ideas similar to this in the past. This idea is being talked about again in the Mexican legislature, but there is no guarantee it will become a reality.  Why silver coins for the Mexican people?  Salinas Price says, “All material progress comes from saving, not from spending.  You have to save first, and from savings comes investment, and from investment comes jobs and income for a better way of life.  Savings are the primary source of prosperity.”
  • Are Germans About to Be Made to Pay for Their Love of Cash?
    Germany loves physical money. According to a Bundesbank study, approximately 80% of payments in Germany are made in cash. Even among millennials, two-thirds say they prefer paying in cash to electronic means, a much higher level than in almost any other advanced economy with the exception of Japan. This is a big problem for a European establishment that is desperate to consign physical money to the scrap heap. Some countries, including France and Spain, have already set maximum cash limits of €1,000. Greece has dropped its cap for cash transactions from €1,500 to €500.
  • FBI Director Gives Shocking News to Americans: Privacy Is ‘Dead’
    Welcome to the information age, where everything you do or say can and will be monitored and used against you. Your constitutional right to privacy? Forget about it! At least according to FBI Director James Comey who delivered this chilling line at a recent cybersecurity conference “There is no such thing as absolute privacy in America; there is no place outside of judicial reach,” and with the information revealed by the WikiLeaks Vault 7 documents, we know that their capability extends far beyond ‘judicial reach’.
  • How Will Stocks Come Unglued? Wolf Richter on the Keiser Report
    In the first and hilarious section of the Keiser Report, Stacy Herbert and Max Keiser discuss how artificial intelligence and machines are replacing lawyers and other creatures, and what in the end will come of humans. My interview with Max Keiser starts 11:50 minutes into the video. We discuss what caused the S&P 500 index to soar 87% since 2011, even as aggregate earnings of the companies in the index in 2016 were back where they’d been in 2011. In other words, what caused stocks to skyrocket over five years, even as earnings went nowhere? And how will the equation come unglued?
  • U.S. Health Care Ranked Worst in the Developed World
    The U.S. health care system has been subject to heated debate over the past decade, but one thing that has remained consistent is the level of performance, which has been ranked as the worst among industrialized nations for the fifth time, according to the 2014 Commonwealth Fund survey 2014. The U.K. ranked best with Switzerland following a close second. The Commonwealth Fund report compares the U.S. with 10 other nations: France, Australia, Germany, Canada, Sweden, New Zealand, Norway, the Netherlands, Switzerland and the U.K. were all judged to be superior based on various factors. These include quality of care, access to doctors and equity throughout the country. Results of the study rely on data from the Organisation for Economic Co-operation and Development, the World Health Organization and interviews from physicians and patients.
  • 10 Things You Didn’t Know About The CIA Before Last Week
    WikiLeaks’ Vault 7 release of Central Intelligence Agency (CIA) documents yesterday opened eyes worldwide about an agency President John F. Kennedy once vowed to “splinter…into a thousand pieces and scatter it into the winds.” Here’s a comprehensive list of ten things we didn’t know about the CIA before last week leak: 1. The CIA has an illegal domestic spying apparatus similar to the NSA. 2. The CIA has a secret base in Germany. 3. The CIA has a cyber group dedicated to forging other countries digital fingerprints in false-flag attacks. 4. The CIA can spy on you through your smart TV and tap into the microphone. 5. The CIA can spy on you through any tablet or phone. 6. The CIA can transcribe your Skype conversations. 7. The CIA has exploits for every major Anti-virus software provider and major personal computer software programs, including Microsoft Word, VLC, and all operating systems. 8. The CIA can hack vehicle control modules including cars, trains, and planes. 9. The CIA has an air gap virus that can infect systems even if not connected to the internet. 10. The CIA has a Meme Warfare Center. The meme war – is real.
  • U.K. Parliament Gives Theresa May Approval To Start Brexit
    Moments ago, UK Parliament passed legislation giving prime minister Theresa May approval to start the Brexit process and allowing the government to invoke Article 50, with the House of Commons overturning amendments from the unelected House of Lords that sought to limit May’s room for maneuver.  While press reports earlier said May could trigger Article 50 as early as Thursday, subsequent reports from Bloomberg suggested that she will commence Brexit in the last week of March. The victory for May in Parliament, where she has a slim majority, allows her to negotiate Brexit with a free hand and consolidates her hold on power in the ruling Conservative Party. That said, according to Bloomberg she now faces the simultaneous challenge of pulling Britain out of the EU on good terms while navigating a second constitutional upheaval: Scotland’s renewed bid for independence.
  • New York City Rents Crash Again In February Under Weight Of “So Much Inventory”
    After years of gouging the precious, Ivy League snowflakes that flood Manhattan every summer with nothing but their $10 million inheritance checks, a dream and the Faconnable shirts on their back, New York City landlords, courtesy of the flood of new apartment supply coming online, are being forced to offer record-high rent concessions to attract tenants. Per the latest February 2017 rental report from Douglas Elliman, the number of new leases signed on Manhattan apartments crashed 27.9% YoY as listing inventory surged 11.7% and median rental prices dropped 1.7%.  Meanwhile, even a massive increase in the share of apartments carrying rent concessions, which averaged 1.2 months of free rent, wasn't enough to spark demand.
  • Trump budget expected to seek historic contraction of federal workforce
    President Trump’s budget proposal this week would shake the federal government to its core if enacted, culling back numerous programs and expediting a historic contraction of the federal workforce. This would be the first time the government has executed cuts of this magnitude — and all at once — since the drawdown following World War II, economists and budget analysts said. The spending budget Trump is set to release Thursday will offer the clearest snapshot of his vision for the size and role of government. Aides say that the president sees a new Washington emerging from the budget process, one that prioritizes the military and homeland security while slashing many other areas, including housing, foreign assistance, environmental programs, public broadcasting and research. Simply put, government would be smaller and less involved in regulating life in America, with private companies and states playing a much bigger role.
  • Canada's New Blasphemy Laws
    A resolution, M-103, seeking to condemn so-called “Islamophobia,” was introduced a few weeks ago in the peaceful country of Canada by Liberal Party MP Iqra Khalid in the House of Commons, sparking a controversy. A similar motion, labelled M-37, was later tabled in the Ontario provincial legislature by MPP Nathalie Des Rosiers on February 23, 2017, and was passed by the provincial parliament. M-37, like its predecessor, demanded that lawmakers condemn “all forms of Islamophobia” and reaffirm “support for government efforts, through the Anti-Racism Directorate, to address and prevent systemic racism across government policy, programs and services”. Although these motions are not legally binding, extremists have already started demanding them as laws.
  • Greece introduces cashpoint tax in desperate bid to raise revenue and stop run on banks as country teeters on brink of bankruptcy
    Greece has revealed it is to introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt to prevent citizens withdrawing their money from the country's beleaguered banks. Ministers hope the controversial move could raise as much as €180 million, which the Athens government hopes will help the country avoid defaulting on debts owed to international creditors. As the Greek economy teeters on the verge of bankruptcy, millions of panicking citizens have completely cleared their accounts – pulling more than €28 billion out of banks and pushing the total cash revenue held in the country's financial institutions to a 10-year low.
  • Widespread AT&T Outages Reported Across The U.S.
    Two weeks after a massive Amazon cloud outage crippled numerous websites on the East Coast, this morning users of AT&T across the nation are reporting widespread outages in their cellphone service. This appears to be confirmed by the current downdetector.com data on reported problems with the cellphone carrier. Twitter users from around the country have confirmed the interruption in service. While some have joked that AT&T has activated the downtime to remove embedded CIA eavesdropping features, for now there has been no official statement from AT&T… or from the crack team of Kremlin-controlled spies for that matter.
  • California Is Exporting Its Poor To Texas
    California exports more than commodities such as movies, new technologies and produce. As The Sacramento Bee reports, it also exports truck drivers, cooks and cashiers. The leading destination for those leaving California is Texas, with about 293,000 economically disadvantaged residents leaving and about 137,000 coming for a net loss of 156,000 from 2005 through 2015. Next up are states surrounding California; in order, Arizona, Nevada and Oregon. Losing impoverished residents to other states is better for the state’s economy than losing wealthy residents, some experts said. But they said the migration itself is a symptom of deeper social problems largely related to how expensive California has become.
  • Iceland to end capital controls from 2008 financial crisis
    Iceland will lift all capital controls on its citizens, businesses and pension funds from Tuesday. Capital controls, such as those to restrict money flowing in and out of the country, were imposed in 2008 after the country's biggest banks collapsed. The government thinks the economy has recovered sufficiently to end controls. Controls were imposed after the collapse of the country's three biggest banks – Glitnir, Landsbanki and Kaupthing. At the same time Iceland's national currency, the krona, fell in value. The removal of the capital controls – which helped stabilise the currency and economy during the country's financial crash – represents the completion of Iceland's return to international financial markets.
  • “Who Hit The Brakes?” – Bank Loan Creation Suddenly Tumbles To Five Year Low
    While the overall economy appears to be humming along, at least according to the Fed which on Wednesday is expected (with 100% certainty according to the market) to hike rates by 25bps for the second time in three months on concerns it has fallen behind the inflationary curve, with last week's payrolls report providing some validation despite prevailing weakness within “hard data” in recent months offset by soaring “soft” sentiment reports, one area of material concern has emerged: a sudden collapse in loan growth in general, and the all important Commercial and Industrial Loan segment in particular, a drop which the WSJ recently dubbed an “ominous economic signal” and blamed policy uncertainty under Trump for the collapse in growth.
  • Woman asks ALEXA “Are You Connected To The CIA?” ALEXA – Who supposedly can't lie – Refuses to Answer
    So, this happened. Following Wikileaks Vault 7 release alerting Americans to the fact that the CIA is using tons of exploits to turn all sorts of internet-connected smart devices into surveillance microphones, granting the intelligence agency access to millions of people’s private homes, people started asking questions. Namely, this woman below asked her ever-listening Amazon Echo device if it is connected to the CIA. Well, first she asks Alexa if Alexa would lie, then makes sure Alexa knows what the CIA is. Twice she asks Alexa if she’s connected to the CIA… and twice Alexa refuses to answer. Must go against the “cannot tell a lie” protocol. After this video went viral, Amazon sent Alexa an updated way to answer the question… which still doesn’t really answer the question. Or does it?
  • Samsung Will Shift Manufacturing from Mexico to U.S., Invest $300 Million
    Samsung announced an investment in expanding production in the United States this week, according to The Wall Street Journal. According to sources close to the company, the initial capital investment will total close to $300 million and will involve shifting some production from Mexico to the United States. The sources claim that the move could generate around 500 jobs. Samsung, which is based in Seoul, South Korea, may increase manufacturing of home appliances such as refrigerators, washer, and dryers in the United States. According to The Wall Street Journal, the decision to move production to the United States was influenced by President Trump after he campaigned to move manufacturing jobs for products bought in the United States from overseas into this country.
  • NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line.
    As any long-time reader of this column knows, we routinely draw from historical lessons to highlight that this time is not different. Throughout the 18th century, for example, France was the greatest superpower in Europe, if not the world. But they became complacent, believing that they had some sort of ‘divine right’ to reign supreme, and that they could be as fiscally irresponsible as they liked. The French government spent money like drunken sailors; they had substantial welfare programs, free hospitals, and grand monuments.
  • Trump's first full month in office brings massive employment boom as U.S. companies added whopping 298,000 new jobs in February
    U.S. companies added a whopping 298,000 new jobs in February, beating economists' expectations by more than 100,000. The report from ADP, a global human resources and payroll firm, provides the first hard economic numbers from Donald Trump's first full month as president. Trump tweeted a self-congratulatory note, calling the number ‘much more than expected!' He also wrote Wednesday on Twitter about another similar measure, citing numbers from a new LinkedIn workforce report that showed strong job-adding numbers from January and February.
  • Exclusive: Mexico cancels sugar export permits to U.S. in trade dispute
    Mexico has canceled existing sugar export permits to the United States in a dispute over the pace of shipments, according to a letter seen by Reuters, in a flare-up industry sources said could temporarily disrupt supplies. The letter sent by Mexico's sugar chamber to mills on Monday partly blamed the situation on unfilled positions at the U.S. Department of Commerce, which it said has led to a “legalistic” interpretation of rules with no U.S. counterparts in place in Washington for Mexican officials to negotiate with. The cancellations are the latest dispute of a years-long trade row between Mexico – the United States' top foreign supplier of sugar – and its neighbor at a time when cane refiners are struggling with prices and tight supplies, U.S. industry sources said.
  • Urban Outfitters CEO Says the Retail Bubble Has Burst
    Shares of Urban Outfitters Inc. and Express Inc. fell on Wednesday after the apparel chains gave a dour outlook for the industry, renewing concerns about America’s overabundance of retail stores. Urban Outfitters’ fourth-quarter earnings fell short of estimates, and same-store sales were flat. At Express, sales tumbled 13 percent on that basis last quarter. The company warned that it may post a loss this quarter, surprising analysts. Clothing sellers are struggling to cope with slow foot traffic at malls and a shift to e-commerce. The industry also has had to rely more heavily on discounts to attracts shoppers, weighing on margins. Urban Outfitters Chief Executive Officer Richard Hayne said the holiday season was disappointing, with higher markdowns than expected.
  • Burger-flipping robot replaces humans on first day at work
    A burger-flipping robot has just completed its first day on the job at a restaurant in California, replacing humans at the grill. Flippy has mastered the art of cooking the perfect burger and has just started work at CaliBurger, a fast-food chain. The robotic kitchen assistant, which its makers say can be installed in just five minutes, is the brainchild of Miso Robotics. “Much like self-driving vehicles, our system continuously learns from its experiences to improve over time,” said David Zito, chief executive officer of Miso Robotics.
  • Global Leaders Rattle Their Sabers As The World Marches Toward War
    Iran just conducted another provocative missile test, more U.S. troops are being sent to the Middle East, it was just announced that the U.S. military will be sending B-1 and B-52 bombers to South Korea in response to North Korea firing four missiles into the seas near Japan, and China is absolutely livid that a U.S. carrier group just sailed through contested waters in the South China Sea.  We have entered a season where leaders all over the globe feel a need to rattle their sabers, and many fear that this could be leading us to war.  In particular, Donald Trump is going to be under the microscope in the days ahead as other world leaders test his resolve.  Will Trump be able to show that he is tough without going over the edge and starting an actual conflict?
  • 16 Reasons Why You Shouldn’t Live In California
    It has been said that “as California goes, so goes the nation”.  That is why it is such a shame what is happening to that once great state.  At one time, California seemed to be the epicenter of the American Dream.  Featuring some of the most beautiful natural landscapes in the entire world, the gorgeous weather and booming economy of the state inspired people from all over the world to move to the state.  But now people are moving out of the state by the millions, because life in California has literally become a nightmare for so many people. I certainly don’t have anything against the state personally.  My brother and sister were both born there, and I spent a number of my childhood years in stunning northern California.  When I was younger I would sometimes dream of getting a place on the coast eventually, but for reasons I will discuss I no longer think that would be advisable.
  • The Dark Secrets Of The Catholic Church Are Starting To Come Out
    We aren’t supposed to talk about what goes on behind closed doors when the cameras are off and the public can’t see what is happening. There is corruption in virtually every large organization, but those that hold themselves out as “spiritual leaders” need to understand that they are going to be held to a higher standard than everyone else. And when those “spiritual leaders” greatly violate the trust that the public has put in them, the fallout can be absolutely devastating. In this article you are going to read about some things that are deeply disturbing. An immense wave of evil has swept through major religious organizations, and the Catholic Church is certainly no exception.
  • Bitcoin crashes after SEC rejects Winklevoss ETF
    The price of the digital currency bitcoin has been flying for the last few weeks, reaching an all-time high today of $1,350 per coin just this week. But on Friday afternoon it began plummeting. Here’s why: the SEC on Friday released a long-awaited ruling on an application for a bitcoin ETF (exchange-traded fund) submitted by Cameron and Tyler Winklevoss of Facebook fame. The SEC denied the proposal—brutally.
  • Is The Left Trying To Start A Civil War?
    An army of subversives is attempting to undermine the Trump administration from within the government, and at the same time a whole host of prominent leftist leaders are fueling the flames of hate against Trump and are promoting riots, civil uprisings and in some cases even violence. And of course the mainstream media is a more than willing accomplice, because pretty much everyone that works in the mainstream media absolutely hates Donald Trump. On a fundamental level, the United States is more divided today than it has been in any of our lifetimes, and the radical left is treating the presidency of Donald Trump as if it was the end of the world. We are seeing terms such as “Nazi”, “racist” and “dictator” thrown around very casually, but people need to understand that words really matter. When subversives on the left use such inflammatory language, there is a very real danger that they could actually spark a violent insurrection against the United States government.
  • This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced
    The ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label their trash so that the thousands upon thousands of desperately hungry people that are digging through trash bins on the streets can find discarded food more easily.  Of course the two nations that I am talking about are Brazil and Venezuela.  The Brazilian economy was once the seventh largest on the globe, but after shrinking for eight consecutive quarters it has now fallen to ninth place.  And in Venezuela the economic collapse has gotten so bad that more than 70 percent of the population lost weight last year due to a severe lack of food.  Most of us living in the northern hemisphere don’t think that anything like this could happen to us any time soon, but the truth is that trouble signs are already starting to erupt all around us.  It is just a matter of time before the things currently happening in Brazil and Venezuela start happening here, but unfortunately most people are not heeding the warnings.
  • Every ‘Conspiracy Theorist’ In America Has Just Been Vindicated…
    Yes, the government can use your phone, your computer and even potentially your television to spy on what you are doing inside your own home. On Tuesday, Wikileaks released thousands of documents that prove what virtually every “conspiracy theorist” in America has been saying for years about government spying. And I don’t even like to use the term “conspiracy theorist” much, because the truth is that most “conspiracy theorists” are simply citizen journalists that are attempting to expose things that the mainstream media doesn’t want to talk about. And one of the things that the mainstream media has always been hesitant to address is the unconstitutional surveillance that U.S. intelligence agencies systematically conduct on their own citizens.
  • A Third Of All U.S. Shopping Malls Are Projected To Close As ‘Space Available’ Signs Go Up All Over America
    If you didn’t know better, you might be tempted to think that “Space Available” was the hottest new retail chain in the entire country.  As you will see below, it is being projected that about a third of all shopping malls in the United States will soon close, and we just recently learned that the number of “distressed retailers” is the highest that it has been since the last recession.  Honestly, I don’t know how anyone can possibly believe that the U.S. economy is in “good shape” after looking at the retail industry.  In my recent article about the ongoing “retail apocalypse“, I discussed the fact that Sears, J.C. Penney and Macy’s have all announced that they are closing dozens of stores in 2017, and you can find a pretty comprehensive list of 19 U.S. retailers that are “on the brink of bankruptcy” right here.  Needless to say, quite a bloodbath is going on out there right now.
  • UN experts denounce ‘myth' pesticides are necessary to feed the world
    The idea that pesticides are essential to feed a fast-growing global population is a myth, according to UN food and pollution experts. A new report, being presented to the UN human rights council on Wednesday, is severely critical of the global corporations that manufacture pesticides, accusing them of the “systematic denial of harms”, “aggressive, unethical marketing tactics” and heavy lobbying of governments which has “obstructed reforms and paralysed global pesticide restrictions”. The report says pesticides have “catastrophic impacts on the environment, human health and society as a whole”, including an estimated 200,000 deaths a year from acute poisoning. Its authors said: “It is time to create a global process to transition toward safer and healthier food and agricultural production.”
  • Is Janet Yellen Trying to Trigger a Recession For Political Purposes?
    Trump might want to put a call in to Janet Yellen. The Fed is supposed to be a neutral, independent entity. However, that myth went out the window when Bernanke “gifted” QE 3 to Obama in 2012 to aid with the latter’s re-election bid. The Yellen Fed seems to be even more committed to defining the Fed as nothing more than a leftist establishment mechanism. Back in October when it still looked like Hillary Clinton would win the 2016 Presidential election, Yellen commented that she was considering letting the economy run “hot” meaning allowing inflation to rise without implementing additional rate hikes. One month later, Donald Trump won the Presidency and Yellen announced she wanted to hike rates in December with three more additional hikes in 2017.
  • Austria To Stop Giving Food, Shelter To Rejected Asylum Seekers
    In a bill aimed at encouraging asylum seekers to leave voluntarily, Austrian lawmakers are considering halting the provision of food and accommodation to migrants who are denied asylum and refuse to leave the country. Austria took in roughly 90,000 asylum seekers in 2015, more than 1 percent of its population, as it was swept up in Europe's migration crisis when hundreds of thousands of people crossed its borders, most on their way to Germany. As Reuters notes, it has since tightened immigration restrictions and helped shut down the route through the Balkans by which almost all those people – many of them fleeing war and poverty in the Middle East and elsewhere – arrived. Asylum applications fell by more than half last year.
  • BIS Admits TARGET2 Is A Stealth Bailout Of Europe's Periphery
    While debates over the significance of the Eurosystem's TARGET2 imbalances may have faded into the background now that sovereign yields in the Eurozone remains broadly backstopped by the ECB's debt monetization generosity, and fears about an imminent European breakdown fall along the lines of populist votes more than concerns about lack of funding, the BIS has finally chimed in with the truth about what the TARGET2 number really showed. As a reminder, in mid 2012, financial pundits “discovered” the gaping imbalances building up within the Eurozone, as a result of a huge increase in TARGET2 claims at the Bundesbank, offset by a matched surge in liabilities across the European periphery, most notably Italy and Spain.
  • Eurozone Capital Flight Intensifies: Target2 Imbalances Widen Again
    A quick perusal of Target2 Balances for January shows capital flight from Italy and Spain to Germany intensified again. German target2 imbalances exceed levels hit in the Eurozone crises in 2012. Things improved considerably after ECB president Mario Draghi made his famous statement “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough”. The ECB claims this action is due to its bond-buying program. I strongly disagree.
  • Albert Edwards: “Let Me Tell You How This All Ends”
    The dollar's recent rapid slide has been accompanied by a constant backdrop of dovish cooing from the Fed. Until this week, SocGen's Albert Edwards notes that both equity and commodity markets had embraced the weak dollar as the elixir to solve all their ills. That relief, however, has now proved fleeting as fear of weak economic activity has reasserted its influence on investors. The weak dollar, Edwards warns, should be seen as merely a shuffling of deckchairs on the Titanic before the global economy sinks below the icy waves. Risk assets are once again refocusing on the increasingly dismal prospects for global growth rather than the short-term relief of dollar weakness, according to SocGen's inimitable Albert Edwards. The US remains the main concern, although the rapid unravelling of Abenomics in Japan and a likely imminent tightening of monetary policy in China to snuff out yet another housing bubble in the major cities also feature high on investors' worry list.
  • Pastor Lindsey Williams introduces Pastor David Bowen – March 9, 2017
    Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter.

Precious Metals Are The Only Lifeboat! I have persistently WARNED you what was happening in the gold market and why you needed to convert your paper assets to physical gold and silver. You need to hedge against the financial instability with physical gold and silver. Call the experts to help you convert your IRA or 401k into Gold, Silver and Other Precious Metals. Call Regal Assets NOW before it's too late! Call Toll-Free 1-888-748-6766.

Pastor Lindsey Williams introduces Pastor David Bowen – March 9, 2017

Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter. If you are not a subscriber please subscribe for free by entering your name and email address in the box below.

Pastor David Bowen is pastor of Standing Stones Community Church in Phoenix, AZ. For more information about Pastor Dave please visit http://standingstonescc.org/

Pastor Dave is also creator of the website Interpreting The Times, understanding world events through scripture. You can find out more by visiting http://www.interpretingthetimes.com/

Latest News Articles – March 9, 2017

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.

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Lindsey Williams - Latest News Articles

Latest News From March 3, 2017 to March 9, 2017:

  • Greyerz – Global Panic Is Now Only Days Away
    With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that global panic is now only days away. Global Panic Is Now Only Days Away. Egon von Greyerz:  “In the Roman calendar, the Ides of March was the same as March 15th in today’s calendar. This date was not significant until Julius Caesar was assassinated on 15 March 44BC. Shakespeare then coined the phrase “Beware of the Ides of March” in his Julius Caesar work…
  • “It's A Declaration Of War”: South Africa's President Calls For Confiscation Of White Land
    After South Africa's embattled president Jacob Zuma pledged, in a surprising address to parliament one month ago, to break up white ownership of business and land to reduce inequality (in a State of the Nation address which was disrupted by a fistfight), it now appears that Zuma's intentions to convert what was until recently Africa's most prosperous economy into a new Zimbabwe were all too real, and as the Telegraph reports, the South African president officially called on parliament to change South Africa’s constitution to allow the expropriation of white owned land without compensation. Zuma, 74, who made the remarks in a speech on Friday morning, said he wanted to establish a “pre-colonial land audit of land use and occupation patterns” before changing the law.
  • Arizona Challenges The Fed's Money Monopoly
    History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver. Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation. Despite the hostility toward gold from modern politicians, gold played a role in US monetary policy for sixty years after the creation of the Federal Reserve. Then, in 1971, as concerns over the US government’s increasing deficits led many foreign governments to convert their holdings of US dollars to gold, President Nixon closed the gold window, creating America’s first purely fiat currency.
  • Germany's Jihad On Freedom Of Speech
    Carnival in Germany is a time for some light-hearted fun, fancy costumes and political satire. This year, many German cities held traditional float parades on Rosenmontag, or Rose Monday, many of which depicted political themes. Images of U.S. President Donald Trump took centre stage in many float processions, in some instances with his decapitated head held up high by the Statue of Liberty, in the style of an ISIS beheading. Other floats went after nationalist European leaders and right-wing parties. In Düsseldorf, President Trump was shown standing next to a blond Hitler, joined by France's Marine Le Pen, and the Netherlands' Geert Wilders. Germany prides in its traditional Narrenfreiheit (“jesters' freedom”) to mock the high and mighty. This year, Germany's state-run Deutsche Welle news agency proudly proclaimed, “German jesters take on kings for 2017 Carnival.”
  • France's Death Spiral
    A “no-go zone” in the eastern suburbs of Paris. Police on patrol hear screams. They decide to check. While there, a young man insults them. They decide to arrest him. He hits them. A fight starts. He accuses a policeman of having raped him with a police baton. A police investigation quickly establishes that the young man was not raped. But it is too late; a toxic process has begun. Without waiting for any further evidence, the French Interior Minister says that the police officers have “behaved badly.” He adds that “police misconduct must be condemned”. French President François Hollande goes to the hospital to give his support to the young man. The president says he has conducted himself in a “dignified and responsible manner.” The next day, a demonstration against the police is cobbled together. The demonstration turns into a riot.
  • Judicial Watch Sues CIA, DOJ For Intel Leak Records: “President Trump Is On To Something”
    Given that the Obama White House was (self-described as) “the most transparent administration ever,” we hope that Judicial Watch's demands of the Trump administration will be met positively. Judicial Watch announced today that it filed a Freedom of Information Act (FOIA) lawsuit against the Central Intelligence Agency (CIA), the United States Department of Justice and the Department of the Treasury regarding records related to the investigation of retired United States Army Lieutenant General Michel Flynn’s communications with Russian Ambassador Sergey Kislyak (Judicial Watch v. Central Intelligence Agency et al. (No.1:17-cv-00397)).  (The National Security Agency refused to confirm or deny the existence of intelligence records about communications between Gen. Flynn and Amb Kislyak.)
  • Shock Video Exposes Tent City Crisis In Failing California
    Citizen journalists have captured stunning video and images of homeless encampments that are spiraling out of control in the shadows of Disneyland and Anaheim Stadium in California. The tent city has recently sprung up along the Santa Ana riverbed, near a busy convergence of three major California highways known as the “Orange Crush,” at the border of Anaheim and Santa Ana, the latter a “sanctuary city.” Homeless activists estimate that as many as 1,000 people are camped in the region.
  • “The Reality Is, Half Of Americans Can’t Afford To Write A $500 Check”
    The CEO of Assurant appeared on Bloomberg TV to explain why demand for his services is likely to increase: the chief executive of the mobile phone insurer said he expects a surge in demand as carriers charge customers more to replace their devices. “If you think back five years ago, you as a consumer didn’t know how much that phone cost, you thought it was free or close to free,” Assurant's Alan Colberg said Monday. “Now you’re paying $600, that’s a lot. So we’ve actually seen the attachment rate, or the number of people buying the product, going up a little bit in the last couple of years.” He then proceeded to give Bloomberg his traditional sales pitch: Assurant is counting on growth at its business covering phones and appliances to help counter a decline in the segment that insures foreclosed homes for lenders. While improvement in the real estate market has limited the number of vacant homes, Colberg said there are still many cash-strapped consumers.
  • How 90% of American Households Lost an Average of $17,000 in Wealth to the Plutocrats in 2016
    America has always been great for the richest 1%, and it's rapidly becoming greater. Confirmation comes from recent work by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman; and from the 2015-2016 Credit Suisse Global Wealth Databooks (GWD). The Richest 1% Extracted Wealth from Every Other Segment of Society. These multi-millionaires effectively shifted nearly $4 trillion in wealth away from the rest of the nation to themselves in 2016. While there's no need to offer condolences to the rest of the top 10%, who still have an average net worth of $1.3 million, nearly half of the wealth transfer ($1.94 trillion) came from the nation's poorest 90% — the middle and lower classes, according to Piketty and Saez and Zucman. That's over $17,000 in housing and savings per lower-to-middle-class household lost to the super-rich.
  • 40% of households in Philadelphia can't pay their water bill
    America is in the midst of an “invisible water crisis” as the post-war water infrastructure reaches the end of its duty-cycle and cash-strapped public utilities struggle to find the money to rebuild it. In cities like Philadelphia, Atlanta, Seattle, and Detroit, families increasingly find themselves in water debt, and in Detroit, 50,000 households have had their running water cut off because of delinquency. The estimated bill for upgrading the end-of-lifed American urban water infrastructure is $1 trillion. Cities that have tried privatization as a means of pushing the bill onto investors have been shocked by the bills: in Atlanta, the private water provider charges $325.52 a month, which only qualifies as “affordable” if your household income tops $87K.
  • What’s Different This Time? Stocks – This market (“Dow 30,000”) assures Fed rate hikes
    The two-year US Treasury yield just shot through 1.33%, the highest since June 2009, when it had briefly spiked from 1% to 1.42%. And that had been the highest since November 2008. It eventually hit a low of 0.16% in September 2011. This surge in yield is a sign that the bond market is adjusting to a rate hike in March, to more rate hikes later this year, and to more rate hikes next year. The 10-year yield has returned to the 2.5% neighborhood, on its way to take out the recent high set in mid-December of 2.6%.
  • CHINA'S WARNING: Beijing to take measures over US missile system in South Korea
    CHINA has said it will take measures over the US missile system deployed in South Korea, saying the move destroys the security balance in the region. The US started to establish the first parts of its anti-missile defence system in South Korea on Tuesday after North Korea's test of four ballistic missiles. North Korean leader Kim Jong Un had personally supervised Monday's missile launches by an army unit that is positioned to strike US bases in Japan, according to the country’s state media. The US is deploying its Terminal High Altitude Area Defence (THAAD) anti-missile system but China has now reacted saying the move upsets the area’s security balance.
  • This is Worse than Before the Last Three Crashes – This chart shows “multiple compression” is coming
    How long can this surge in stocks go on? That’s what everyone wants to know. Projections range from “forever” – these projections have become increasingly common – to “it’s already finished.” That’s a fairly wide range. Everyone has their own reasons for their boundless optimism or their doom-and-gloom outlooks. But there are some factors – boundless optimists should push them aside assiduously – that, from a historical point of view, would trigger tsunami sirens. Because in the end, it’s not different this time. And the cycle of “multiple expansion” and “multiple compression” is one of those factors.
  • Is Mexico Facing “Liquidity Problems?” 
    At 49% of GDP, Mexico’s public debt may seem pretty low by today’s inflated standards. It’s a mere fraction of the debt loads amassed by bigger, richer economies such as Japan (229% of GDP), Italy (133%) and the United States (104%). But when it comes to debt, everything is relative, especially if you don’t enjoy the benefits that come from having a reserve-currency-denominated printing press. In Mexico’s case it’s not so much the size of the debt that matters; it’s the rate of its growth. In the year 2000 the country had a perfectly manageable debt load of roughly 20% of GDP. Today, it is two and a half times that size.
  • The Deep State is Dying-Clif High
    Internet data mining expert Clif High says the world is witnessing the unmasking of the so-called “Deep State” and revealing it’s long held control over humanity. High explains, “The level of complexity of humans has increased, and that was the factor that the Deep State did not take into account.  They kept their rigid mindset, their rigid rules, their compartmentalization and kept everything so boxed in even they were unaware that humanity has evolved out and around their obstruction.  So, the Deep State is dying simply because the knowledge of it is so prevalent.  It can’t be stopped, and is growing exponentially, and, basically, the knowledge itself is going to crush the Deep State.”
  • Of Course Big Brother Was Spying On Trump’s Calls – The Shocking Truth Is That They Spy On All Of Our Calls
    The mainstream media is all in an uproar over Donald Trump’s claim that Barack Obama personally ordered the phones in Trump Tower to be “wiretapped” just before the election. But nobody should really be surprised that the government was listening to Donald Trump’s phone calls. After all, the truth is that they systematically collect the content of all forms of digital communication, and this has been going on for many years. During Obama’s presidency, nobody really got too upset when it was revealed that the Obama administration was spying on friendly foreign leaders (including Angela Merkel), nobody got too upset when it was revealed that the Obama administration was spying on journalists, and nobody got too upset when it was revealed that the NSA was grabbing baby photos and nude selfies off of the Internet. But now that Trump has gotten extremely angry because the government was listening to his calls, maybe something will finally be done about all of this unconstitutional surveillance.
  • Government Spooks Can Use The Mic And Camera On Trump’s Phone Even When He Thinks It Is Turned Off
    After reading this article you might not ever view your electronic devices the same way again.  Last year, Hollywood released a biographical political thriller based on the life of Edward Snowden that had one particularly creepy scene.  In that scene, a government spook used a program to remotely activate the microphone and camera on a laptop, and by doing so he was able to watch a woman as she got undressed.  Sadly, as you will see below, this kind of thing is happening constantly.  Any digital device can potentially be accessed and used to spy on you even if it appears to be turned off.  And this is why Donald Trump needs to be so careful right now, because the intelligence community wants to take him down and they can literally use any digital device in his possession to try to gather dirt on him.  We have a “deep state” that is absolutely obsessed with watching, tracking and monitoring the American people, and something desperately needs to be done about this unconstitutional surveillance.  Now that Trump has become greatly upset about how the government was tapping into his phone calls, maybe something will finally get accomplished.
  • Pepsi Lays Off 20% Of Its Philadelphia Workers, Blames Soda Tax
    Two weeks ago, we pointed out that when Philadelphia became the first US city to pass a soda tax last summer, city officials were eagerly looking forward to the surplus-tax funded windfall to plug gaping budget deficits (and, since this is Philadelphia, the occasional embezzlement scheme). Then, one month ago, after the tax went into effect on January 1st we showed the tax applied in practice: a receipt for a 10 pack of flavored water carried a 51% beverage tax. And since  PA has a sales tax of 6% and Philly already charges another 2%, the total sales tax was 8%. In other words, a purchase which until last year came to $6.47 had overnight become $9.75.
  • John Podesta joins The Washington Post as a contributing columnist
    The Washington Post today announced that John Podesta will join the Opinion section as a contributing columnist. Podesta, former chairman of the 2016 Hillary Clinton campaign, will provide commentary and analysis on the intersection of politics and policy, the Trump administration and the future of the Democratic Party. “No one knows more about how Washington works, how the White House operates, and how policy ideas are translated into reality than John Podesta,” said Editorial Page Editor Fred Hiatt. “His long experience in Congress, inside two Democratic White Houses and on the front lines of numerous presidential campaigns, will offer readers vital insight into Washington and politics at the start of a new era.”
  • Loretta Lynch: Need more marching, blood, death on streets
    The Obama administration’s former Attorney General Loretta Lynch has made an impassioned video plea for more marching, blood and death on the streets – a video that was later posted on the Facebook page of Senate Democrats as “words of inspiration.” The video is less than a minute long and begins by stating that people are experiencing “great fear and uncertainty,” with the unstated implication it is due to Donald Trump’s takeover of the White House.
  • Thousands of ICE detainees claim they were forced into labor, a violation of anti-slavery laws
    Tens of thousands of undocumented immigrants detained by U.S. Immigration and Customs Enforcement were forced to work for $1 day, or for nothing at all — a violation of federal anti-slavery laws — a lawsuit claims. The lawsuit, filed in 2014 against one of the largest private prison companies in the country, reached class-action status this week after a federal judge’s ruling. That means the case could involve as many as 60,000 immigrants who have been detained. It’s the first time a class-action lawsuit accusing a private U.S. prison company of forced labor has been allowed to move forward.
  • Deutsche Bank’s turnaround plans are punishing its stock
    Wall Street isn’t thrilled with Deutsche Bank’s turnaround plans. Shares of John Cryan’s bank dropped nearly 4 percent Monday following a weekend announcement that it would raise $8.5 billion through a stock-diluting equity offering. Shares fell 3.8 percent to $18.61 at the end of the trading day, the lowest since Jan. 17.
  • Deutsche Bank shares hit by cash call
    Shares in Deutsche Bank closed 3.7% lower on news it plans to bolster its finances through selling new shares. Germany's biggest bank plans to raise about 8bn euros (£6.9bn, $8.5bn) through the sale, due later this month. The sale by the troubled bank is part of a wider shake-up. Deutsche will also partially float its asset management business and retain Postbank – the retail banking business that it had been expected to sell. The company will be reorganised around three divisions: private banking and wealth management; asset management; and corporate and investment banking. The bank is trying to reshape itself after grappling with huge losses and a 15bn euro legal bill imposed by regulators since 2012.
  • Soros-Tied Obama Lawyers Form Group to Battle Trump
    Further evidence of Barack Obama’s close association with efforts to oppose President Trump has emerged: a group of former top lawyers for the Obama administration have formed an organization aimed at utilizing legal advocacy methods to oppose Trump’s policies. The organization is calling itself United to Protect Democracy, drawing on the theme of Obama’s farewell speech last month. The group is already partnered with an organization heavily financed by billionaire George Soros and is led by a former Obama lawyer who previously worked at a Soros-financed global activist outfit. Politico first reported on the formation of United to Protect Democracy, which has already raised $1.5 million and hired five staffers.
  • House Republicans release long-awaited plan to replace Obamacare
    House Republicans on Monday released long-anticipated legislation to supplant the Affordable Care Act with a more conservative vision for the nation’s health-care system, replacing federal insurance subsidies with a new form of individual tax credits and grants to help states shape their own policies. Under two bills drafted by separate House committees, the government would no longer penalize Americans for failing to have health insurance but would try to encourage people to maintain coverage by allowing insurers to impose a surcharge of 30 percent for those who have a gap between health plans.
  • China overtakes eurozone as world’s biggest bank system
    China’s banking system has surpassed that of the eurozone to become the world’s largest by assets, a sign both of the country’s increased influence in world finance and its reliance on debt to drive growth since the global financial crisis. While China’s gross domestic product surpassed the EU’s economic bloc in 2011 at market exchange rates, its banking system did not take over the top spot until the end of 2016, Financial Times analysis shows. The lag reflects Beijing’s increased “financial deepening” — the term for the growth of a country’s financial system relative to gross domestic product. This has been fuelled by an extraordinary increase in bank lending since 2008, when the government unleashed aggressive monetary and fiscal stimulus to buffer the impact of the global crisis.
  • ‘This is McCarthyism!’ Trump accuses Obama of wire tapping Trump Tower before election win
    US President Donald Trump has accused his predecessor Barack Obama of “wire tapping” Trump Tower just before his election win in November, according to his latest tweet. Trump made the accusation in a tweet decrying the alleged surveillance as “McCarthyism.” Obama spokesman Kevin Lewis denied Trump’s allegation, according to Reuters, saying: “A cardinal rule of the Obama administration was that no White House official ever interfered with any independent investigation led by the Department of Justice.”
  • Snopes caught releasing fake “fact-check” in defence of Democrats
    Snopes, the popular myth-busting website, pushed misleading facts to cover for Democrats Keith Ellison and Debbie Wasserman Schultz, who didn’t leave their seats during the second standing ovation for Carryn Owens, widow of the deceased hero Navy SEAL Ryan Owens. During Trump’s address to Congress on Tuesday, Carryn Owens received two standing ovations. The second ovation, which lasted two minutes, Keith Ellison and Debbie Wasserman Schultz chose to stay in their seat.
  • Juncker Has Meltdown While Debating Future Of EU: “Shit! What Do You Want Us To Do?”
    There should be no doubt about the current status of the European Union. It’s crumbling before our very eyes. Between the sprawling unaccountable bureaucracy in Brussels, the unpayable debts, the unfettered immigration, and the unprecedented emergence of conservative, nationalistic groups, it’s obvious that the EU is not long for this world. No nation can survive those pressures; much less a loosely held, 24 year old political union consisting of a wide variety of languages and cultures. And this fact is beginning to show. Not just because nations like the UK have already voted to leave the EU, and talk of independence referendums is spreading like wildfire across the continent. This fact is beginning to show on the faces and lips of the EU’s leaders.
  • The NSA Wiretaps Every Future President
    Trump's on the warpath. He just called out Obama for wiretapping Trump Tower in the months leading up to the election. We are seeing commentaries popping up around the internet claiming that this is a modern-day Watergate scandal. We respectfully disagree. It's far, far more serious. If Trump Tower was wiretapped, it was almost certainly done by the NSA.
  • Valerie Jarrett Has Moved Into Obama’s Anti-Trump Command Center To Aid In The Effort To Sabotage The President
    Never before have we seen a previous president and his team openly attempt to sabotage the next president, but that is precisely what is happening. Traditionally, most ex-presidents have chosen to move far away from Washington, but Barack Obama decided to purchase a home less than two miles from the White House, and many of his former staff members are either working directly with him or are working for his political organization Organizing for Action. And of particular concern is the fact that Valerie Jarrett has actually moved into Obama’s five million dollar home, which many are referring to as Obama’s “anti-Trump command center”. For eight years the Obamas wouldn’t even sneeze without consulting Valerie Jarrett first, and needless to say Jarrett has not moved in to help them pick out wallpaper and drapes. Jarrett is a hardcore political operative, and she has reportedly convinced Obama that he needs to lead the fight against Trump.
  • President Oprah? Speculation Rises That The 2020 Election Will Feature An Epic Battle Between Donald Trump And Oprah Winfrey
    When Donald Trump originally announced that he was going to run for president, he said that his ideal choice for a running mate was Oprah Winfrey, but now he may be actually running against her in the 2020 election.  A recent episode of The David Rubenstein Show that featured an interview with Oprah Winfrey is creating a tremendous amount of buzz that Oprah Winfrey may throw her hat into the ring during the next election cycle.  This particular episode was taped back on December 12th, but it didn’t actually get aired on Bloomberg TV until last Tuesday.  You can see the portion of the interview in which Oprah is asked about her presidential aspirations on YouTube right here, and as you can see, she definitely sounds like someone that is very seriously thinking about running…
  • 11 Quotes From Trump’s Speech To Congress That Show That The U.S. Economy Is In A State Of Collapse
    After Tuesday night, nobody should have any more doubt that the U.S. economy has been in the process of collapsing.  Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever.  Even CNN’s Van Jones praised Trump, which shocked many observers.  Jones said that when Trump honored the widow of slain Navy Seal Ryan Owens that it “was one of the most extraordinary moments you have ever seen in American politics”, and Jones believes that Trump “became President of the United States in that moment”.  But Trump’s speech is not just being praised for that one moment.  He detailed many of the most important problems that our nation is facing, and he explained his prescription for addressing those problems.
  • S&P 500 ETF saw historic inflows in Wednesday’s monster rally
    Wednesday marked the largest one-day rise for the S&P 500 since November, but the biggest exchange-traded fund to track the benchmark index took down an even longer-standing record amid the broad advance. The SPDR S&P 500 ETF Trust SPY, -0.19%  saw inflows of more than $8 billion on Wednesday, the biggest single-day move into the fund since December 2014, and one of the top 10 biggest flow days for the ETF in its history. The flow data includes the 34.2 million shares that were created in the fund, according to data provided by State Street Global Advisors, which runs the fund.
  • Euro Breakup Contagion Risk Is Exploding
    With existential elections looming, Sentix Euro Break-up Contagion Index – a market measure of the contagion risk from one or more countries leaving the euro area within the next 12 months period – has hit its post-2012 record recently… As Sentix notes, the Eurocrisis is once again in the limelight. And this time the drama consists of three main actors: Greece, Italy and France. How dangerous this tendency for the cohesion of the eurozone could become is a look at the index to the spreading risk, which has almost climbed to the 50% mark – an all-time high!
  • Newly-Declassified Documents Show that CIA Worked Closely with Owners and Journalists with Many of the Largest Media Outlets
    Newly-declassified documents show that a senior CIA agent and Deputy Director of the Directorate of Intelligence worked closely with the owners and journalists of many of the largest media outlets. The United States Senate Select Committee to Study Governmental Operations with Respect to Intelligence Activities found in 1975 that the CIA submitted stories to the American press.
  • This Chart Signals China's Housing Bubble May Burst Soon
    The probability that a real estate bubble may burst in China is rising. The financial sector heavily depends on real estate, which in turn exposes the entire Chinese economy to systemic risk. This link means that a downturn in real estate could soon spread to other areas of the Chinese economy if banks face liquidity shortfalls. Also, falling housing prices could result in more non-performing loans (NPLs). While NPLs officially account for only 1.75 percent of all Chinese loans, the government is likely understating the figure. BMI Research, a financial consulting firm, estimated in a 2016 report that NPLs could be close to 20 percent of loans.
  • China Strikes A Path To Develop Its Own Digital Currency
    The People’s Bank of China (PBOC) has reportedly been taking steps to develop a digital currency of its own. In 2014, China assembled a research team to study digital currencies and application scenarios by collaborating with experts from Citigroup Inc. and Deloitte LLP. Although the team did not specify what technology the PBOC would use to issue digital currency, or how it would work in relation to the yuan, a later 2016 research paper did outline ways that a national digital currency could work.
  • Trump Seeks “Historic” $54 Billion Increase To Defense Spending
    As observed earlier in the day, as part of the leaked preliminary Trump budget, the president was set to unveil major spending increases for US defense offset by cuts to federal agencies, and other non-defense sectors. And on Monday morning, the first details emerged, including that the boost to defense spending is expected to be about 10%, or some $54 billion, and will be revenue neutral, offset by cuts in non-defense areas, and will not “add a dime to the deficit.” As Trump said, he is seeking a “historic increase” in military spending. “This budget will be a public safety and national security budget,” Trump told state governors at the White House. “It will include an historic increase in defense spending to rebuild the depleted military of the United States of America at a time we most need it,” he said.
  • The Greek “Bank Jog” Is Back: Bank Deposits Tumble To Lowest Since 2001
    It didn't take much for the Greek bank run jog to return: with Greece once again stuck between an IMF rock and a Schauble hard case, and whispers that another bailout may be on the horizon, the local population took advantage of whatever capital controls loopholes they could find, and withdrew money from the local banking sector, which to this day remains on ECB life support, almost two years after the 3rd Greek bailout in the summer of 2015. According to Greece central bank data, Greek private sector bank deposits declined in January for the second month in a row, driven by renewed concerns over the country's neverending bailout. Business and household deposits fell by €1.63 billion, or 1.34% month-on-month to €119.75 billion ($126.8 billion), the lowest level since November 2001. The January outflow follows a “jog” of €3.4 billion in December, making the two-month drop the worst since the latest Greek bailout panic in July of 2015.
  • China Accounts For Half Of All Global Debt Created Since 2005: Here Are The Implications
    Over three years ago, in November 2013, when the world's attention was still largely focused on what the “Big 4” central banks would do with QE and/or interest rates, we wrote an article showing in one simple chart  “How In Five Short Years, China Humiliated The World's Central Banks”, and noted that in just the brief period since the financial crisis “Chinese bank assets (and by implication liabilities) have grown by an astounding $15 trillion, bringing the total to over $24 trillion. In other words, China has expanded its financial balance sheet by 50% more than the assets of all global central banks combined.”
  • The European Debt Bomb Fuse Is Lit! Target2 Imbalances Hit Crisis Levels
    Eurozone Target2 imbalances have touched or exceeded the crisis levels hit in 2012 when Greece was on the verge of leaving the Eurozone. Others have noted the growing imbalances as well. I had a couple of questions for the ECB regarding Target2, which they have answered, I believe disingenuously. First, we will explain Target2, then we will take a look at various charts, viewpoints, and the email exchange with the ECB.
  • Trump’s border wall plan already working: Illegal immigration down 27%
    According to number released by Customs and Border Protection on Monday, illegal immigration over the southern border diminished 27% in the first month of 2017 from the previous month of December. In January a total of 31,575 migrants were apprehended for entering the U.S. illegally and an additional 10,899 were inadmissible. Although chatter of Trump’s proposed construction of a wall has likely thwarted migrants, for now, the flow of human traffic into the U.S. is expected to pick back up in the spring months.
  • Poll: Majority of Americans fear US will become involved in another major war
    A majority of Americans are concerned that the United States will become involved in another major war over the course of President Trump's term, according to an NBC News/Survey Monkey online poll released Wednesday. Sixty-six percent are worried that the U.S. will become engrossed in another major war, while 33 percent are not worried. The poll also found that 62 percent believe the U.S. should consider its allies’ interests even if doing so means making compromises, while 34 percent of Americans think the country should do what is best for its own national interest.
  • Under the Heel of the Rothschilds
    That America is on “life support” has been clear for a long time—in fact, ever since the Swinging Sixties and the end of the Vietnam war. America’s rapidly deteriorating condition of the late seventies is what led to my search for what happened to the promise of “the American dream”. What I cannot comprehend is all this wringing of hands, rending of garments and gnashing of teeth. It’s like that old scorpion story. Didn’t America know what was going on before Trump was elected to ride on its back? Apparently not. Observe: the Rothschilds consolidated their European holdings of wealth and power by the late 1700s. By the turn of that century, they virtually owned, and most certainly controlled Britain, the sole superpower of the day, a global power on whose colonial holdings “the sun never set.”
  • Georgia high school punishes student for supporting President Trump
    Paul Joseph Watson reports for InfoWars, Feb. 28, 2017, that Patrick Ragozzine, a student at Cherokee High School in Canton, Georgia (about 45 minutes from Atlanta), received an ISS (in school suspension) for supporting President Trump against students who called Trump a racist. Ragozzine writes: “I overheard some students bashing Donald Trump, making false claims that he’s a racist, sexist, xenophobic person. The teacher defended the other students and began lecturing me on Trump’s ‘hateful’ rhetoric and how the other students have the right to hold those feelings.”
  • How We Got Here In One Sentence
    In every annual budget debate since the 1980s, one side figures out that the way to get what it wants – which is higher spending – is to frame the request in a particular, ingenious way: We have to borrow and spend way more now if we want to borrow and spend way less later. History has of course proven this argument to be idiotic, but because it moves the pain of living within our means into the indefinite future, it always manages to attract enough votes to win the day.
  • The Largest Debt Bomb In Human History is About to go BOOM!
    The media doesn’t seem to be talking much about national debt these days, perhaps because under the Trump administration it actually reduced by $12B in January? Unfortunately, that’s nothing but a drop in the bucket because our debt levels are at the highest point in human history. And not just national debt but corporate and personal debt levels as well. And the United States is not alone in this… Right Wing News looks at how the American and global economy has largely been propped up by debt-fueled spending. This is what a hundred years of credit expansion will do, and the only question is when, not if, this house of cards will come crumbling down. Will you be prepared when the inevitable occurs?
  • Crack-up Boom Here Now-Rob Kirby
    Macroeconomic researcher Rod Kirby thinks the world is well on its way to much higher inflation. Kirby explains, “Some people say there is a dollar shortage in the world. I do not believe there is a dollar shortage. I think we are seeing evidence that there are too many dollars in the world, not too few. Look at real estate prices around the world. In Canada, they are at record levels. In America, they are at record levels. Real estate prices are at record levels in Britain. There are record levels in Australia. They are at record levels in China. This is not what you’d expect in an environment where there are too few dollars. We are seeing the equity markets rally day after day and make new all-time highs. These are not the kinds of things you see when there are too few dollars. In my view, this might be the thin edge of the wedge of a crack-up boom. Money is getting to the street because money is being taken out of dark pools on the dark side of the U.S. Treasury and is being injected into the market place as bonds are being sold off and redeemed. The world is flush with money, extremely flush with money.”
  • Giant Fiscal Bloodbath Coming Soon-David Stockman
    Former Reagan Administration White House Budget Director David Stockman says financial pain is a mathematical certainty. Stockman explains, “I think we are likely to have more of a fiscal bloodbath rather than fiscal stimulus.  Unfortunately for Donald Trump, not only did the public vote the establishment out, they left on his doorstep the inheritance of 30 years of debt build-up and a fiscal policy that’s been really reckless in the extreme.  People would like to think he’s the second coming of Ronald Reagan and we are going to have morning in America.  Unfortunately, I don’t think it looks that promising because Trump is inheriting a mess that pales into insignificance what we had to deal with in January of 1981 when I joined the Reagan White House as Budget Director.”
  • Trump Has Treason in White House-Robert David Steele
    Former CIA operative and military Intel officer, Robert David Steele, says there is no doubt President Trump is dealing with “treason in his own house.” Steele explains, “Donald Trump’s biggest worry right this minute is they are stripping away every single one of his loyal staff members and planting spies in the White House.  Reince Priebus, in my judgment, is not loyal to Donald Trump.  Reince Priebus’ highest mission in life is to keep Donald Trump from unrigging the system, while helping the neo-conservative and the extreme left two party establishment strip away all of Trump’s options to the point that they drive Trump out of office, and Mike Pence is the go along, get along President that keeps the two-party tyranny in place. . . . If he forces the NSA to provide support to the FBI, and if he scrutinizes every phone call that Reince Priebus has made and received, he will find the treason in his own house.  I guarantee you there are 30 traitors at NSA, 30 traitors at FBI and over 500 traitors across the U.S. government, including the Departments of State and Defense.  Counterintelligence has to be set in motion right now.”
  • Why Is NASA Using The Discovery Of 7 New Earth-Sized Planets To Promote The Idea That Alien Life May Exist?
    NASA told us in advance that there would be a huge announcement on Wednesday, and it certainly was not a disappointment.  NASA’s declaration that 7 new Earth-sized planets had been discovered approximately 40 light years away from our sun made headlines all over the globe, and the Internet immediately started buzzing with lots of discussions about the possibility that these newly discovered worlds may have life on them.  This isn’t the kind of thing that I normally write about on The Economic Collapse Blog, but some of the things that were being said by the scientists involved in this discovery seemed quite odd.  It is one thing to say that some new planets have been found, but it is another thing entirely to start speculating about life on those planets.  With each new discovery that is made, why does it always seem like NASA is trying to promote the idea that alien life may exist somewhere out there?  Could it be possible that they are trying to mentally prepare us for something?
  • How Angry Will You Be If The Republicans In Congress Do Not Repeal Obamacare?
    Top Republicans are now publicly saying that Obamacare will never be fully repealed. In fact, many Republicans in Congress are already using the term “repair” instead of “repeal” to describe what is going to happen to Barack Obama’s signature healthcare law. Without a doubt, the Republicans in Congress are eventually going to do something, but strategists in both parties are now suggesting that most of the key elements of Obamacare are going to remain once everything is all said and done. It will be put into a more “conservative” package, but it will still be Obamacare. On Thursday, former House Speaker John Boehner made headlines all over the country when he said that a complete repeal of Obamacare is “not what’s going to happen”.  Instead, Boehner said that Republicans are going to “fix Obamacare” and that they will “put a more conservative box around it” in order to keep their constituents happy.
  • As Wendy's Is Proving, Target Has Shown, Higher Minimum Wages Lead To Job Losses
    We people who know our economics keep insisting that raising the minimum wage will lead to people employing less labour. That's just what people do when the price of something rises, they buy less of it. The other name for people using less labour is that we will lose jobs, there will be unemployment. A number of theories are put forward for why this won't happen but happen it still does. As the twin stories of Target and Wendy's show us.
  • Retail Apocalypse Gains Momentum As David Stockman Warns ‘Everything Will Grind To A Halt’ After March 15th
    J.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and Family Christian is closing all of their 240 stores. In recent months the stock market has been absolutely soaring, and so most people have simply assumed that the “real economy” must be doing well. But that is not the case at all. In fact, the retail apocalypse that I have been documenting for quite some time appears to be gaining momentum. J.C. Penney is not in as rough shape as Sears is just yet, but it is definitely on a similar trajectory. In the end, they are both headed for bankruptcy. That is why it wasn’t too much of a surprise when J.C. Penney announced that they are getting rid of about 6,000 workers and closing at least 130 stores…
  • Ford set to axe 1,160 UK jobs, Unite warns as it gears up for strike action
    Unite has said up to 1,160 jobs will go by 2021 after Ford said it will cut investment in a new engine programme. The union has warned workers at Ford's Bridgend plant in Wales will be “one step closer to strike action” if the company doesn't commit to protecting jobs. At the moment, the headcount is 1,760. Unite general secretary Len McCluskey is visiting the site today with three mass meetings being held. He said: “Unite members are committed to Ford, the Welsh Assembley is committed to Ford, all we need now is for Ford to commit to its workforce. That means investment, new product lines and a clean plan for the plant's future.”
  • Is Something Strange Happening Inside The Earth?
    Why are “giant fountains of lava” suddenly pouring out of some of the most dangerous volcanoes on the entire planet, and why are so many long dormant volcanoes suddenly roaring back to life?  The spectacular eruption of Mt. Etna in Italy is making headlines all over the world, but it is far from alone.  According to Volcano Discovery, 35 major volcanoes either are erupting right now or have just recently erupted, and dozens of others are stirring.  So what is causing this upsurge in volcanic activity?  Is something strange happening inside the Earth? According to the USGS, magma is “molten rock underground”, and lava is molten rock “that breaks through the Earth’s surface”.  Right now, something is pushing magma up through the crust of the Earth at a number of key spots around the planet.  On the island of Sicily, the “giant fountains of lava” that are coming out of Mt. Etna can be seen 30 kilometers away…
  • Venezuela is down to its last $10 billion
    Caracas is running out of cash. Venezuela only has $10.5 billion in foreign reserves left, according to its most recent central bank data. For rest of the year, Venezuela owes roughly $7.2 billion in outstanding debt payments. In 2011, Venezuela had roughly $30 billion in reserves. In 2015, it had $20 billion. The trend can't persist much longer, but it's hard to know exactly when Venezuela will run completely out of cash.
  • If You Admit That You Are A Trump Supporter, It May Cost You Your Job
    Many liberals that are still extremely bitter about the outcome of the election are taking out their frustrations on Trump supporters all over the country. And in some cases, employees are actually being “reassigned”, fired or asked to leave their jobs if they openly admit their support for President Trump. This kind of political discrimination is not supposed to be happening in our workplaces, but it is happening. Many leftists that are in positions of authority around the nation are using that authority to punish people that voted for Donald Trump. So if you voted for Trump and your boss didn’t, you might want to keep your political views to yourself at your workplace if you want to keep your job.
  • In Letter Sent Home To All Parents, Chicago Public Schools Promise To Obstruct ‘The Enforcement Of Federal Civil Immigration Law’
    The Chicago public school system has decided to openly defy the president of the United States. More than 392,000 students attend public schools in Chicago, and on Tuesday a letter was sent home with each of those students telling their parents that Chicago schools will not “assist in the enforcement of federal civil immigration law”. In fact, the letter actually says that federal officials will not even be allowed “to access CPS facilities”. In essence, every Chicago public school has now officially been declared to be a “sanctuary” for illegal immigrants. This is just another example of how deeply divided we are as a nation. The entire public school system of one of our largest cities is now in open rebellion against the president, and that is a very dangerous sign.
  • Radical Leftists Are Warning That The Trump Years Will Be ‘Apocalyptic’ – And They Just Might Be Right
    Is the United States about to plunge into an apocalyptic nightmare from which it may never recover? During the Obama era conservatives often warned of such scenarios, but now things have completely shifted. At the moment, conservatives are generally more optimistic than they have been in many years, but quite a few liberals are warning that the Trump years could have absolutely disastrous consequences for this country. They are concerned that Trump’s policies could burst the giant debt bubble that we have been living in and trigger economic collapse, they are concerned that widespread civil unrest could soon erupt in our cities, they are concerned that our rapidly deteriorating environment and major natural disasters could soon kill millions, and they are also concerned that faltering relationships with other nations could lead us into World War III.
  • Pastor Lindsey Williams introduces Pastor David Bowen – March 2, 2017
    Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter.

Precious Metals Are The Only Lifeboat! I have persistently WARNED you what was happening in the gold market and why you needed to convert your paper assets to physical gold and silver. You need to hedge against the financial instability with physical gold and silver. Call the experts to help you convert your IRA or 401k into Gold, Silver and Other Precious Metals. Call Regal Assets NOW before it's too late! Call Toll-Free 1-888-748-6766.

Pastor Lindsey Williams introduces Pastor David Bowen – March 2, 2017

Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter. If you are not a subscriber please subscribe for free by entering your name and email address in the box below.

Pastor David Bowen is pastor of Standing Stones Community Church in Phoenix, AZ. For more information about Pastor Dave please visit http://standingstonescc.org/

Pastor Dave is also creator of the website Interpreting The Times, understanding world events through scripture. You can find out more by visiting http://www.interpretingthetimes.com/

Latest News Articles – March 2, 2017

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.

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Lindsey Williams - Latest News Articles

Latest News From February 24, 2017 to March 2, 2017:

  • March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue
    For more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history.  Never before have we seen such a level of debt saturation all over the planet, and pretty much everyone understands that this is going to end very, very badly at some point.  The only real question is when it will happen.  Many believe that the current global debt super cycle began when the Federal Reserve was established in 1913.  Central banks are designed to create debt, and since 1913 the U.S. national debt has gotten more than 6800 times larger.  But of course it is not just the United States that is in this sort of predicament.  At this point more than 99 percent of the population of the entire planet lives in a nation that has a debt-creating central bank, and as a result the whole world is drowning in debt.
  • What This Woman Was Shown About The Future Of The United States Will Shake You To Your Core
    Judgment is coming to America very soon. Recently, Julie Whedbee was shown what life will be like for believers in the United States during the Tribulation. She has been having dreams and visions for over 20 years, and she is someone that I have come to hold in high regard. What was revealed to her about the future of the United States is quite chilling to say the least. She was shown a time when Christians have to live in hiding in a post-apocalyptic America where millions of people have already been killed.
  • Virtually Everyone Agrees That Current Stock Market Valuations Are Not Sustainable And That A Great Crash Is Coming
    Current stock market valuations are not sustainable.  If there is one thing that I want you to remember from this article, it is that cold, hard fact.  In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes.  What goes up must eventually come down, and the stock market bubble of today will be no exception.  In fact, virtually everyone in the financial community acknowledges that stock prices are irrationally high right now.  Some are suggesting that there is still time to jump in and make money before the crash comes, while others are recommending a much more cautious approach.  But what almost everyone agrees on is the fact that stocks cannot go up like this forever.
  • Video: Nancy Pelosi Refuses to Applaud American Job Creation
    As President Donald Trump hailed the creation of private sector jobs by American companies since he was elected, many in Congress cheered tonight. Except Nancy Pelosi. During his Address to Congress, Trump ran down a list of companies that have announced investments and job additions in the last several weeks. “Since my election, Ford, Fiat Chrysler, Generall Motors, Spring, Sofbank, Lockheed, Intel, Walmart and many others have announced that they will invest billions and billions of dollars in the United States and create tens of thousands of new American jobs,” Trump said. As many stood to applaud, Pelosi remained seated with a sour look on her face.
  • California Governor Spends $25 Billion Per Year On Illegals, Officials Warned Dam Failing 12 Years Ago
    According to a report from the Washington Times, California Governor Jerry Brown has been spending $25 billion a year supporting illegal immigrants while neglecting the failing Oroville dam. Despite California’s utter hatred for President Trump they sure do expect a lot from him. When President Trump said $1 trillion needed to be spent on the nation’s infrastructure Governor Brown responded by submitting a $100 billion wishlist for projects in California. In the $100 billion request submitted by Governor Brown there was not a single mention of the Oroville dam. Governor Brown had absolutely no plans to fix it despite warnings that the dam was in serious need of repair for nearly 12 years according to Mercury News.
  • Obamas To Make Over $60 Million From Book Deal
    What took the Clintons years of confidential speeches before major investment banks and middle eastern clients of the Treasury Department, the Obama's plan to achieve with just two books.  According to the FT, several publishers are participating in a blockbuster auction for the global rights to two books by Barack and Michelle Obama where the bid has reached more than $60 million. The Obamas, who are writing separate books but selling the rights jointly, stand to make a record amount for their presidential memoirs.
  • Russia and China veto UN vote on Syria
    Russia and China veto UN Security Council resolution imposing sanctions on Syria, as in a blow to the Western powers a raft of non-aligned countries decide to vote against or abstain. As promised Russia voted against the latest attempt by the Western powers to use the UN Security Council to impose sanctions on Syria, this time in connection with Syria’s alleged use of chemical weapons. This is the seventh occasion that Russia has wielded its veto on Syria’s behalf. China also voted against the resolution, the sixth time China has voted against a Western sponsored resolution concerning Syria.
  • What's So Bad About Globalism? (Spoiler Alert: Everything)
    As far as I can tell, globalism is a scheme concocted by the rich to destroy the working and middle classes through worldwide financial imperialism. I have a strong hunch that globalism is also a plot hatched to obliterate indigenous cultures and real human differences under the deceptive ruses of “multiculturalism” and “diversity.” This is why I’m confused whenever I hear someone say they hate “the rich,” oppose “imperialism,” and support “the working class” while being an unquestioning cheerleader for open borders and global government.
  • Millionaire Migrants: Countries That Rich People Are Flocking To
    Money may not buy happiness, but it does buy the ultimate flexibility for making financial and lifestyle decisions. For many of the world’s millionaires, money provides a highly effective means to escape their home country when times get tough. They can pack their bags, and move their family and capital to a location that will provide superior opportunities for prosperity. According to a new report by New World Wealth, this couldn’t have been truer for 2016, as the amount of millionaire migrants increased by 28% from the previous year.
  • The FTSE 100 broke its record closing high for a 13th time in 2017
    Britain's FTSE 100 reached an all-time closing high on Wednesday buoyed by a weakening pound and a rise in sentiment following Donald Trump's more conciliatory than expected speech to Congress on Tuesday evening. Trump's speech, along with hints from members of the the US Federal Reserve's FOMC that the central bank could hike interest rates helped push the dollar higher and the pound lower, driving a more than 1.6% rally in the UK's benchmark share index. The FTSE closed at 7,384.6 points on the day, a gain of 1.67%, surpassing the previous record of 7,337 points, a milestone reached in January of this year.
  • NY Teamsters Pension Becomes First To Run Out Of Money As Expert Warns “Pension Tsunami” Is Coming
    The New York Teamsters Road Carriers Local 707 Pension Fund has won the unfortunate award for “First Pension to Officially Run Out of Money.”  According to the New York Daily News, and a host of angry former truck drivers who've had their pension benefits slashed, the Pension Benefit Guaranty Corp. (PBGC) has officially been forced to step in and take over payments to retirees of the Local 707, albeit at a much lower rate. Of course, the Teamsters 707 and other Teamster pension boards attempted to submit plans that would have cut benefits in order to prolong payments to retirees but those plans were universally rejected by the Obama administration… better that the pensions just run out of cash completely.
  • FULL: President Trump Speech to Congress – 2/28/2017
    President Donald J. Trump addresses Congress for the first time.
  • Trump declares it's ‘time to join forces' to fix US problems
    Heralding a “new chapter of American greatness,” President Donald Trump stood before Congress for the first time Tuesday night and issued a broad call for overhauling the nation's health care system, significantly boosting military spending and plunging $1 trillion into upgrading crumbling infrastructure. Striking an optimistic tone, Trump declared: “The time for small thinking is over.” Trump's address came at a pivotal moment for a new president elected on pledges to swiftly shake up Washington and follow through on the failed promises of career politicians. His opening weeks in office have been consumed by distractions and self-inflicted wounds, including the bungled rollout of a sweeping immigration and refugee executive order that was blocked by the courts.
  • Trump Proposes Cutting State Department Budget By 37%
    One month ago, a media frenzy broke out after the WaPo reported of mass voluntary resignations at the State Department, to protest the arrival of Rex Tillerson. Shortly after, it was revealed that not only was it not a “mass resignation” (there were only four high level resignation) but it was all procedural, meant to streamline the transition from one administration to the next. However, the bloodbath at the State Department – for years Hillary Clinton's kingdom, and populated with many pro-Clinton staffers – may have been merely deferred because as AP reports, the Trump administration is proposing deep cuts in spending for diplomacy and foreign aid programs to help pay for increased military spending. Officials familiar with the proposal say it calls for slashing more than a third, or 37%, of the State Department and the U.S. Agency for International Development budgets. Development assistance would take the biggest hit.
  • “There Must Not Be A Bail In”: Germany Vows “No Debt Relief For Greece”
    The standoff over the Greek debt crisis was nowhere closer to an amicable resolution on Sunday, when Germany's deputy finance minister Jens Spahn said in an interview with German broadcaster Deutschlandfunk that Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, reiterating the German government's opposition to debt relief for Athens, and confirming that when it comes to Europe's recently adopted “bail-in” protocols, they “work” in theory, but certainly not in practice (see the latest taxpayer funded bailout of Monte Paschi for another recent example). “There must not be a bail-in,” Jens Spahn said quoted by Reuters, adding that “we think it is very, very likely that we will come to an agreement with the International Monetary Fund that does not require a haircut,” he said, referring to losses that Greece's creditors would have to take if debt was written off.
  • Barclays Server Crash Leaves Customers Unble To Withdraw Cash, Use Debit Cards
    Having managed to stem its recent earnings rout, reporting a Q4 rebound in income from continuing operations which rose to £380 million after reporting a loss of £2.24 billion a year ago, UK's Barclays is facing a more traditional problem: on Saturday Barclays customers have reported problems using their cards in shops and withdrawing money from some cash machines according to the BBC. Barclays customers tweeted about problems using their cards when out shopping or trying to access online banking on Saturday afternoon. “Wondered why my card was declined when paying for lunch. Barclays servers have crashed. Brilliant,” said one customer, James.
  • Poland, Hungary Join Together To Challenge EU Bureaucracy
    The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize those chosen by its predecessor, the liberal Civic Platform party. The crisis began in 2015 when Civic Platform, the party then in power, improperly nominated two judges to the constitutional court. When the PiS won October’s elections, it refused to recognize them and also blocked three other judges who had been properly selected by parliament. PiS also wants the court to hear cases in chronological order, rather than setting its own priorities for tackling its caseload. The Polish government believes it is unfair that a constitutional court with a majority of judges appointed under the previous parliament should be able to scupper flagship policies for which PiS secured a mandate in democratic elections in 2015.
  • Stockman: “After March 15 Everything Will Grind To A Halt”
    Two weeks after David Stockman warned that “the market is apparently pricing in a huge Trump stimulus. But if you just look at the real world out there, the only thing that's going to happen is a fiscal bloodbath and a White House train wreck like never before in U.S. history” and exclaimed that, when looking at markets, “what's going on today is complete insanity” he is back with another interview, this time with Greg Hunter of USAWatchdog in which he, once again warns, that a giant fiscal bloodbatch is coming soon, and urges listeners to pay especially close attention to the March 15, 2017 debt ceiling deadling, at which point everything could “grind to a halt.” As Greg Hunter writes, former Reagan Administration White House Budget Director David Stockman says financial pain is a mathematical certainty. Stockman explains, “I think we are likely to have more of a fiscal bloodbath rather than fiscal stimulus.  Unfortunately for Donald Trump, not only did the public vote the establishment out, they left on his doorstep the inheritance of 30 years of debt build-up and a fiscal policy that’s been really reckless in the extreme.  People would like to think he’s the second coming of Ronald Reagan and we are going to have morning in America.  Unfortunately, I don’t think it looks that promising because Trump is inheriting a mess that pales into insignificance what we had to deal with in January of 1981 when I joined the Reagan White House as Budget Director.”
  • Minimum Wage Massacre: Wendy's Unleashes 1,000 Robots To Counter Higher Labor Costs
    In yet another awkwardly rational response to government intervention in deciding what's “fair”, the blowback from minimum wage demanding fast food workers has struck again. Wendy's plans to install self-ordering kiosks in 1,000 of its stores – 16% of its locations nationwide. Wendy's chief information officer, David Trimm, said the kiosks are intended to appeal to younger customers and reduce labor costs. Kiosks also allow customers of the fast food giant to circumvent long lines during peak dining hours while increasing kitchen production.
  • Trump's first budget proposal will call for $54 billion increase in defense spending
    President Donald Trump's first budget will call for a $54 billion (£43bn) increase to defense spending and an equal cut in what his administration deems lower priority programs, an Office of Management and Budget official told reporters Monday. Under Trump's proposal, most federal agencies would face budget reductions, but the official did not say which would see the biggest cuts. Foreign aid spending would also drop. Speaking at a meeting with governors Monday, Trump said, “We're going to do more with less and make the government lean and accountable.”
  • Former IMF Chief Sent To Jail As Spain Prosecutes 65 Elite Bankers In Enormous Corruption Scandal
    In many other countries, excluding the United States, corrupt bankers are often brought to task by their respective governments. The most recent example of a corrupt banker being held accountable comes out of Spain, in which the former head of the International Monetary Fund (IMF), Rodrigo Rato was sentenced to four years and six months behind bars. According to the AFP, Spain’s National Court, which deals with corruption and financial crime cases, said he had been found guilty of embezzlement when he headed up Caja Madrid and Bankia, at a time when both groups were having difficulties.
  • Arizona House Unanimously Passes Bill Taking on State, Federal Asset Forfeiture
    Today, the Arizona House voted 60-0 to pass a bill reforming the state’s asset forfeiture laws. The bill also takes on federal forfeiture programs by banning prosecutors from circumventing state laws by passing cases off to the feds in most situations. Rep. Eddie Farnsworth (R-Gilbert) introduced House Bill 2477 (HB2477) on Feb. 7. The legislation would require prosecutors to establish a higher evidentiary standard for asset forfeiture. As it stands, the law only requires a preponderance of the evidence. HB2477 would raise that, requiring police and prosecutors to provide “clear and convincing evidence” the property was linked to a crime. While the proposed law would not require a criminal conviction before proceeding with asset forfeiture, it would take a step toward reforming Arizona’s forfeiture laws under that essential standard.
  • Former Trump trade adviser: The world's foremost authority on trade could be Trump's next target
    The senior adviser who led President Donald Trump's trade transition team suggested to Business Insider that the next trade agreement that could come under fire from the White House was the US's participation in the World Trade Organization. Dan DiMicco, the former Nucor CEO and board member of the Coalition for a Prosperous America, said “right now” the global organization “does not work for us.” Formed in 1995, the organization consists of more than 160 members. It acts as an international body that, based on a set of agreements negotiated and signed by those members, supports free trade and opposes the sort of protectionist policies that were the hallmark of Trump's campaign promises.
  • New Studies Found Something That Really Causes Climate Change (And It Has Nothing To Do With Human Beings)
    A new study produced by a University of Wisconsin-Madison geoscientist and Northwestern astrophysicist presents an explanation of the fluctuations of the earth's temperatures in the past that highlights the complexity of the forces at work on the earth's climate and how much we still have to learn about them. The study maintains that the cycle of changes in the climate over the millennia is largely a result of changes in the amount of solar radiation, in part caused by small changes in the orbits of Earth and Mars. While the notion that the impact on earth's orbital cycle on solar radiation levels is a significant factor determining global temperatures is anything but new, the team of scientists seem to have tied the phenomenon to planetary orbits in a more concrete manner than previous studies.
  • Trump cuts US debt by $12bn in his first month in office, accuses media of ‘not reporting’ it
    The US President Donald Trump has tweeted that he managed to decrease the US total public debt by US$ 12 billion during his first month in office while the former President Barack Obama increased it by US$200 billion over the same period. Trump has also accused the media of turning the blind eye to this fact. “The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo,” he said in his Twitter post.
  • Dallas Police Pension Board Approves Benefit Cuts; Asks For More Taxpayer Money To Avoid Collapse
    For the past several months we've warned that the taxpayers of the City of Dallas, despite all of the tough talk coming out of their elected city council members, would ultimately be forced to bail out the failing Dallas Police and Fire Pension (DPFP) system.  And just last night the DPFP board voted 9-0 to approve a plan that would do just that. The plan to save the DPFP was proposed by Dan Flynn, chair of the pensions committee in the Texas House of Representatives, and calls for Dallas taxpayers to contribute 34.5% of police and firefighter salaries each year into the failing pension system, up from 27% in 2015, plus an incremental $11 million per year.  In total, the adopted plan will cost Dallas taxpayers an extra $22 million per year.
  • Auto Loan Bubble Bursting, And Lenders Know Where Your Car Is At All Times
    The story of the Car Loan subprime lending epidemic is nothing new (one of many, student loans etc). Zerohedge has been writing about it for years, with the financial MSM catching on not too long ago. Even John Oliver had a segment about it on his popular show, Last Week Tonight. The new subprime lending epidemic, in the $1.1 Trillion market, which the experts tell us is contianed and won't have the same effect as in the previous crisis, is where all it takes to buy a car at a dealership is the ability to fog a mirror. Cracks have been rearing their heads over the last few months, but nothing like we are seeing as of late. According to the latest data, auto loan delinquencies are now at levels not seen since the last financial crisis.
  • Is it Autumn 2007 All Over Again?
    While the financial world continues to delight in Trump Mania, the US economy has rolled over into recession. I realize this sounds completely insane. After all, stocks are at new all time highs and a full 61% of Americans view the economy as “strong.” Unfortunately, this is perception, not reality. When it comes to the economy today, Americans are like the guy who hasn’t realized the party is over, and keeps dancing while others are already starting to leave. Consider Government tax receipts. This is perhaps the single most objective economic metric on the planet. If the economy is growing, business are being started, jobs are being created, and more people and entities area paying taxes.
  • How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
    Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air, buys up and/or guarantees all the offending country’s bonds, and calm returns for a while. At least, that’s how it’s gone in the past. The latest crisis has more than the usual number of flash-points and could, therefore, be something new and different.
  • Reasons Are Mounting To Be Very Cautious About Stocks Right Now
    This year, that outlook could be best described as cautious, which stands in sharp contrast to the bullishness on display in the stock market itself so far in 2017. It’s been said many times that bull markets climb a “wall of worry” but there seems to be a shortage of worry these days among professional investors. The CBOE SPX Volatility Index (VIX), the stock market’s favorite fear-gauge, has collapsed in recent months, hitting a low under 10 at the beginning of February. That’s the lowest level of market volatility recorded in two-and-a-half years … no worry here! And the percentage of Bullish Investment Advisors hit 62.7% last week, a 12-year high! No worry here, either.
  • The World Now Faces A Devastating Endgame And How “They All Sold At The Absolute Bottom”
    With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, spoke with King World News about a devastating endgame the world faces and how they all sold the absolute bottom. “They All Sold At The Absolute Bottom” Egon von Greyerz:  “Western central banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they all sold at the absolute bottom between 1999 and 2004. That was of course the time to buy gold and not to sell. But the finance ministers in charge of Western economies have no understanding of economics. They don’t even understand that the absolute destruction of their paper money is always revealed by the gold price…
  • President of US Mint AP: Trump Tariff Could Divorce Physical Silver From Spot Prices!
    Roy Friedman, President of US Mint Authorized Purchaser Manfra, Tordella, & Brookes Joined the Show This Week For A Fascinating Discussion On the Inner Workings of the US Physical Silver Bullion Market. Friedman Discusses The Coming Asset Reallocation, Physical Silver Bullion Shortages, & Trump: Could The Donald Be the Catalyst That Finally Separates the Paper and Physical Silver Markets?
  • Man Who Advises Top Sovereign Wealth Funds In The World Says Price Of Silver Will Skyrocket In 2017
    On the heels of a wild start to the 2017 trading year where the Dow has repeatedly hit new all-time highs, today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world. Eric King:  “Michael, what’s exciting today is you have a new outperform in the precious metals sector.” Michael Belkin:  “Yes, Eric.  We have a new 7 stock basket of silver stocks that our model forecast says will outperform the silver universe.  We’ve just introduced it in this week’s forecast and I’m recommending these stocks for new purchases right now.  I think there is a big opportunity right now in silver stocks.  I have silver stocks moving into an outperformance mode in relative and absolute terms.
  • A New Monetary System Is Coming But We Are Being Threatened With A Crushing Blow To Our Way Of Life
    With tensions heating up around the world, a new monetary system is coming but we are being threatened with a crushing blow to our way of life. A New Monetary System And A Threat To Our Way Of Life. Stephen Leeb:  “I’m starting this interview with a depressing admission: today, for the first time in a pretty long life, geopolitical events are starting to really scare me to death. No, it’s not Trump, or any particular president, nor is it Korean missile tests or any other specific event in the news. Instead, I refer to America’s growing inability to see, think, or plan long term. Commodity shortages are coming, a new monetary system is coming, and a divided, short-sighted country has no response. We are threatened with a crushing blow to the U.S. and our way of life…
  • The Mother Of All Financial Bubbles
    At PeakProsperity.com, we pride ourselves on providing fact-based context to breaking important events. Within 72 hours of the Japan tsunami in 2011, we had analyzed the situation and concluded with high probability that three core meltdowns had occurred at the Fukushima nuclear plant. While it took years for officials to finally admit to the full extent of the crisis, history has validated our initial analysis. How did we get it right? By using a science-based approach grounded in observation, deduction and a healthy skepticism of what the “experts” in charge claimed. We also went to great lengths to educate our readers about the science in play, explaining in detail how radioactivity and contamination differ, the health risks from such a nuclear accident, and what concerned folks could do to remain as safe as possible.
  • Russia Gold Buying Returns In January – Buys One Million Ounces
    Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion. The increase in the gold reserves came after Russia did not buy a single ounce in December – a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration. It also came after Russia had accelerated its gold buying in the final months of the Obama Presidency. October 2016 saw an increase of 1.3 million ounces or 48 metric tonnes and this was the largest addition of gold to the Russian monetary reserves since 1998. Indeed, it was the biggest monthly gold purchase in this millennium for the Russian central bank.
  • The Billionaire-Owned, Corporate Media is as Worthless as Ever
    Rather than focus its journalistic energy on chronicling the economic insecurity plaguing so many of our fellow Americans, the billionaire-owned corporate media appears entirely obsessed with chattering endlessly about Russia conspiracy theories and domestic coup plots. Instead of looking in the mirror and admitting how its countless errors and propaganda pushing led to multiple humanitarian disasters over the last couple of decades, the oligarch-owned mainstream media insists upon a narrative that Trump the individual is at the root of our problems, as opposed to an entrenched executive branch with excessive power. This is because the mainstream media isn’t actually concerned about our cancerous, systemic metastasizing statism, it merely doesn’t want Trump in charge of it. I, on the other hand, want to dismantle that unconstitutional state entirely and transfer power to the American people where it belongs — self-government. Does anyone actually think for a second the media would be this adversarial if Hillary won?
  • Iran Announces 2 Billion Barrel Shale Oil Find
    The western province of Lorestan will be getting new attention from the Iranian oil ministry following the discovery of major shale oil reserves in the region, according to new reports emerging from the area. The resources, found in the Ghali Koh field, totaled two billion barrels, Bahman Soleimani, the National Iranian Oil Company’s Soleimani said on Monday, citing a recent study. “The oil is light,” he described. Other research on the area’s shale gas reserves will be completed by October 2017, the official added.
  • Biggest Gasoline Glut In 27 Years Could Crash Oil Markets
    Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is acting as a counterweight. A new problem that has suddenly emerged is the record levels of gasoline sitting in storage. The market has already had to digest the fact that U.S. crude oil stocks were rising, and investors have done their best to explain away the trend. But now gasoline inventories are climbing to unexpected heights. It would be one thing if crude stocks were rising, perhaps because refiners were going offline for maintenance. But if that were the case, then gasoline stocks would draw down on lower refining runs. But if both crude and refined product inventories are going up at the same time, then there should be some reasons for worry.
  • The Stakes for Trump and All of Us — Paul Craig Roberts
    We need to understand, and so does President Trump, that the hoax “war on terror” was used to transform intelligence agencies, such as the NSA and CIA, and criminal investigative agencies, such as the FBI, into Gestapo secret police agencies. Trump is now threatened by these agencies, because he rejects the neoconservative’s agenda of US world hegemony that supports the gigantic military/security annual budget. Our secret police agencies are busy at work planting “intelligence” among the presstitute media that Trump is compromised by “Russian connections” and is a security threat to the United States. The plan is to make a case in the media, as was done against President Nixon, and to force Trump from office. To openly take on a newly elected president is an act of extraordinary audacity that implies enormous confidence, or else desperation, on the part of the police state agencies.
  • China pushes for open world economy
    Chinese Foreign Minister Wang Yi told a G20 meeting in Bonn, Germany on Thursday that Beijing wants to see an open world economy system and said his country stresses multilateralism and globalization. He called on his German hosts to work with China to promote global rebalancing and safeguard trade and investment liberalization and facilitation. He said such efforts would ensure continued global economic growth. During his meeting with (EU) foreign policy chief Federica Mogherini that China and Europe should work together on global security and trade. He also called on the EU to fast track Article 15 of the protocol on China’s entry into the World Trade Organization.
  • A new arms race in the Middle East?
    New data from the Stockholm International Peace Research Institute on global weapons sales indicates that there may be an arms race in full swing in the Middle East and Asia. According to a report on trends in international transfers of major weapons published by SIPRI, arms sales have reached their highest since the late 1980s, just before the end of the Cold War. “The flow of arms increased to Asia and Oceania and the Middle East between 2007–11 and 2012–16, while there was a decrease in the flow to Europe, the Americas and Africa,” SIPRI says. SIPRI examines arms imports in five-year increments.
  • The Russian Love Affair With Donald Trump Sours As The U.S. And Russia Move Toward War
    In recent months Donald Trump has been severely criticized by both Democrats and Republicans for not being sufficiently “anti-Russia”, but the truth is that the Trump administration has not been working hard enough to repair a relationship that is now souring very rapidly.  When Donald Trump won the election in November, the Russians celebrated tremendously, because they greatly preferred Trump over Hillary Clinton.  But just because Trump was victorious does not mean that our relationship with Russia will automatically improve.  Trump and Russian President Vladimir Putin both have huge egos, and it is quite easy to imagine a scenario in which things between them go very, very badly.
  • What Exactly is the “Deep State” People Are Talking About???
    Prior to the 2016 presidential election, there were many topics that were deemed “off limits” by academia, the media, the establishment, the “Powers That Be,” or whatever other crafty names a person can think of to describe the invisible hand that guides society. Over the last several decades, by using agents within academia, the media, and Hollywood to assist them, those very same aforementioned powers have “conditioned” the masses (without many even realizing it), on how to respond to people who ask too many questions about complex or controversial topics. The “Deep State” is one of those topics.
  • Will We See an “American Spring” 2017? We Better…
    In 2011, a revolutionary wave of both violent and non-violent demonstrations, protests, riots, coups and civil wars arose seemingly independently of one another, and spread across the Arab world. Today, we know U.S. intelligence agencies (aka the “deep state”) were involved many of the uprisings. In some instances entire regimes fell, and in other instances there were far less predictable outcomes. In light of how many career bureaucrats have been very vocal about their unhappiness with President Trump’s surprise victory, is it really all that shocking to see the same intelligence apparatus relentlessly launching assaults against the Trump Administration? In a word: Yes. Why? One of the hallmarks of what makes America such a unique and special country, has always been our peaceful transition of power with each new administration since our country’s inception… but all that was “pre-Obama.”
  • Fed Frets about Commercial Real Estate Bubble & its $2 Trillion in Loans Mostly at “Smaller Banks”
    The fear of what Fed Chair Janet Yellen on Tuesday – and other Fed governors earlier – called “waiting too long” before raising interest rates is increasingly inserting itself into Fed pronouncements. One of the aspects – and this is getting articulated with increasing intensity – is commercial real estate (CRE) and its impact on banks whose nearly $2 trillion in CRE loans are backed by collateral whose boom-prices are known to crash periodically in phenomenal busts. Or is it the fear of “having already waited too long?”
  • “Seriously Delinquent” Auto Loans Surge – Bank regulators have been warning, now it’s happening.
    The New York Fed, in its Household Debt and Credit Report for the fourth quarter 2016, put it this way today: “Household debt increases substantially, approaching previous peak.” It jumped by $226 billion in the quarter, or 1.8%, to the glorious level of $12.58 trillion, “only $99 billion shy of its 2008 third quarter peak.” Yes! Almost there! Keep at it! There’s nothing like loading up consumers with debt to make central bankers outright giddy. Auto loan balances in 2016 surged at the fastest pace in the 18-year history of the data series, the report said, driven by the highest originations of loans ever. Alas, what the auto industry has been dreading is now happening: Delinquencies have begun to surge.
  • S&P 500 Earnings Stuck at 2011 Levels, Stocks up 87% Since
    The S&P 500 stock index edged up to an all-time high of 2,351 on Friday. Total market capitalization of the companies in the index exceeds $20 trillion. That’s 106% of US GDP, for just 500 companies! At the end of 2011, the S&P 500 index was at 1,257. Over the five-plus years since then, it has ballooned by 87%! These are superlative numbers, and you’d expect superlative earnings performance from these companies. Turns out, reality is not that cooperative. Instead, net income of the S&P 500 companies is now back where it first had been at the end of 2011. Hype, financial engineering, and central banks hell-bent on inflating asset prices make a powerful fuel for stock prices.
  • Trump Administration Toughens Asylum Rules, Speeds Deportation Process
    Amid judicial blockages, and rogue border agents, it appears the Trump administration is still trying its best to follow through on its campaign promises to crackdown on illegal immigration. As Reuters reports, The Department of Homeland Security has prepared new guidance for immigration agents aimed at speeding up deportations by denying asylum claims earlier in the process. Following last week's apparent crackdown on DREAMers, Reuters reports new guidelines, contained in a draft memo dated February 17 but not yet sent to field offices, directs agents to only pass applicants who have a good chance of ultimately getting asylum, but does not give specific criteria for establishing credible fear of persecution if sent home.
  • North Korea's Regime In Jeopardy After China Bans All Coal Imports
    North Korea just lost a very big ally. On Saturday, China said that it was suspending all imports of coal from North Korea as part of its effort to implement United Nations Security Council sanctions aimed at stopping the country’s nuclear weapons and ballistic-missile program. The ban, according to a statement posted on the website of the Chinese Commerce Ministry, takes effect on today and will last until the end of the year. While China will hardly suffer material adverse impacts, Chinese trade – and aid – have long been a vital economic crutch for North Korea, and the decision strips North Korea of one of its most important sources of foreign currency.
  • “There's Something Weird Going On”: Jeff Snider On The Global Dollar Shortage
    The first time we explained that one of the biggest risks facing a world in which the dollar is the reserve currency is a global USD shortage, was in mid-2009, when we wrote “How The Federal Reserve Bailed Out The World.” At the time, the IMF calculated that just ahead of the financial crisis, “major European banks’ US dollar funding gap had reached $1.0–1.2 trillion by mid-2007. Until the onset of the crisis, European banks had met this need by tapping the interbank market ($432 billion) and by borrowing from central banks ($386 billion), and used FX swaps ($315 billion) to convert (primarily) domestic currency funding into dollars.” The IMF then extrapolated that “were all liabilities to non-banks treated as short-term funding, the upper-bound estimate would be $6.5 trillion.”
  • US Aircraft Carrier Group Begins “Routine” Patrols In Disputed South China Sea
    Threatening to destabilize the tentative improvement in Sino-US relations achieved in recent days following Trump's recent concession over the “One China” policy, was the US deployment of the aircraft carrier USS Carl Vinson (CVN-70) to the disputed waters of the South China Sea on Saturday as part of maritime “routine operations”, according to an announcement posted on the Vinson's Facebook page. Sailing with the 97,000-ton Vinson is the guided-missile destroyer USS Wayne E. Meyer, the Navy said in a statement. The Vinson carries a flight group of more than 60 aircraft, including F/A-18 jet fighters.
  • New Political Turmoil In Italy After Renzi Quits As Ruling Party Leader, Triggering Re-election Battle
    Two months after an unexpected, landslide loss in the December 4 constitutional referendum which cost him his job as Italy's prime minister, on Sunday Matteo Renzi quit as leader of Italy’s ruling party, in the process triggering a re-election fight against minority dissidents that threatens the stability of the center-left government, Bloomberg reports. Renzi told a national assembly of the ruling PD that he had handed in his resignation acknowledging he was set back by defeat in last year's referendum, one day after critics from leftist factions threaten to abandon the Democratic Party.
  • The Unthinkable Just Happened In Spain
    Untouchable. Inviolable. Immunity. Impunity. These are the sort of words and expressions that are often associated with senior central bankers, who are, by law, able to operate more or less above the law of the jurisdictions in which they operate. Rarely heard in association with senior central bankers are words or expressions like “accused”, “charged” or “under investigation.” But in Spain this week a court broke with that tradition, in emphatic style. As part of the epic, multi-year criminal investigation into the doomed IPO of Spain’s frankenbank Bankia – which had been assembled from the festering corpses of seven already defunct saving banks – Spain’s national court called to testify six current and former directors of the Bank of Spain, including its former governor, Miguel Ángel Fernández Ordóñez, and its former deputy governor (and current head of the Bank of International Settlements’ Financial Stability Institute), Fernando Restoy. It also summoned for questioning Julio Segura, the former president of Spain’s financial markets regulator, the CNMV (the Spanish equivalent of the SEC in the US).
  • ‘I will not submit!' Marine Le Pen REFUSES to grovel to Merkel and EU in swipe at elite
    MARINE Le Pen delivered a rousing speech last night promising that as French President she will not take instructions from Angela Merkel nor beg for her approval. Marine Le Pen continued her fight for the French Presidency, as she laid her policies to put her country's sovereignty first and foremost. In a rallying cry to a crowd in Clairvaux-Les-Lacs, Ms Le Pen said she will not bow down to Angela Merkel and Jean-Claude Juncker. She said that for too long nationals leaders had to ask for permission from the German Chancellor before announcing any action.
  • Pastor Lindsey Williams introduces Pastor David Bowen – February 23, 2017
    Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter.

Precious Metals Are The Only Lifeboat! I have persistently WARNED you what was happening in the gold market and why you needed to convert your paper assets to physical gold and silver. You need to hedge against the financial instability with physical gold and silver. Call the experts to help you convert your IRA or 401k into Gold, Silver and Other Precious Metals. Call Regal Assets NOW before it's too late! Call Toll-Free 1-888-748-6766.

Pastor Lindsey Williams introduces Pastor David Bowen – February 23, 2017

Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter. If you are not a subscriber please subscribe for free by entering your name and email address in the box below.

Pastor David Bowen is pastor of Standing Stones Community Church in Phoenix, AZ. For more information about Pastor Dave please visit http://standingstonescc.org/

Pastor Dave is also creator of the website Interpreting The Times, understanding world events through scripture. You can find out more by visiting http://www.interpretingthetimes.com/

Latest News Articles – February 23, 2017

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.

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Lindsey Williams - Latest News Articles

Latest News From February 17, 2017 to February 23, 2017:

  • German Minister Calls For ‘Plan B': “Greece Should Pledge Gold, Real Estate For New Loans”
    Bavaria's 50-year-old finance minister Markus Soeder was previously named by German weekly Der Spiegel as one of the Ten Most Dangerous European Politicians (defined as “every politician who is resorting to cheap populism in order to rack up domestic political points”). For the Greeks, this may well be true. During the Greek government-debt crisis, Soeder was among the most vocal in calling for Greece to leave the Eurozone. By 2012, he said in an interview: “Athens must stand as an example that this Eurozone can also show teeth.”
  • Prospects For A Quick Obamacare Repeal Are Fading Fast
    Back on January 12th, 8 days before Trump even officially moved into the White House, the prospects of a quick repeal and replacement of Obamacare were looking really good when the Senate voted 51-48 to instruct key committees to start drafting legislation to do away with Obama's crowning “achievement”.  In fact, that early January budget resolution required lawmakers to submit repeal proposals for consideration by January 27th, a lofty goal, but welcome news to conservative voters around the country that were eager for a quick unwind of the controversial legislation. Alas, today, nearly a full month after the original deadline of January 27th, no replacement plan has been officially introduced and even Trump admits “maybe it will take till sometime into next year, but we are certainly going to be in the process…it's very complicated.”
  • The Coming Minimum-Wage Tsunami Will Wash Away Millions Of Minority Jobs
    One of the most vexing economic issues today is the minimum wage. For many, the failure to raise the minimum wage to $15 or higher is a sign of our nation's stinginess and an essential part of the fight for income equality. However, the truth, sad to say, is quite different, as a new study shows. The study by the American Action Forum, a nonpartisan think tank led by former Congressional Budget Office Director Douglas Holtz-Eakin, looked at minimum-wage hikes scheduled to take effect in the coming years in 14 states and the nation's capital and found they will “cost millions of jobs across the country and each lost job only leads to total wage earnings rising by a few thousand dollars.”
  • UK Police Chief: Former British PM Was HUGE Pedo, Establishment Covered Up
    In the four weeks since Donald Trump's inauguration there have been a record number of human trafficking arrests – including the largest bust in US history which received virtually no MSM attention. In total, over 1500 suspects have been taken down, including high profile serial child molester Jerry Sandusky's adopted son, Jeffrey Sandusky, who was arrested a week ago on charges of sexually assaulting two minors and sending Anthony Weiner-esque texts. And it's way more than just domestic busts in the United States; two days before the Clinton Foundation pulled out of Haiti, a sting rescued at least 31 victims of human trafficking right next to where Bill and Hillary spent their honeymoon. There have also been international busts in Quebec, a huge takedown in Japan, and another in Ghana. A little over two weeks ago, a fifth of the “dark web” was taken down – around half of which was related to human trafficking and pedophilia.
  • French Nuclear Watchdog Gives An Update On Mysterious Radioactive Iodine Blanketing Europe
    On Sunday we reported that concerns have spread in Europe about a potential nuclear “incident” following a recent report by a French nuclear watchdog agency – the Institute for Radiological Protection and Nuclear Safety (IRSN), the French national public expert in nuclear and radiological risks – that radioactive Iodine-131 had been observed across much of northern and central Europe. Since the isotope has a half-life of only eight days, the detection was an indication of a rather recent release. As the Barents Observer added, “where the radioactivity is coming from is still a mystery.”
  • Alan Greenspan: Ron Paul Was Right About The Gold Standard
    As John Rubino eloquently puts it, “when the history of these times is written, former Fed Chair Alan Greenspan will be one of the major villains, but also one of the greatest mysteries. This is so because he has, in effect, been three different people.” Greenspan started his public life brilliantly, as a libertarian thinker who said some compelling and accurate things about gold and its role in the world. An example from 1966: “This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.”
  • Stockman Warns Trump “Flynn's Gone But They're Still Gunning For You, Donald”
    General Flynn's tenure in the White House was only slightly longer than that of President-elect William Henry Harrison in 1841. Actually, with just 24 days in the White House, General Flynn's tenure fell a tad short of old “Tippecanoe and Tyler Too”. General Harrison actually lasted 31 days before getting felled by pneumonia. And the circumstances were considerably more benign. It seems that General Harrison had a fondness for the same “firewater” that agitated the native Americans he slaughtered at the famous battle memorialized in his campaign slogan.
  • Feds Make Record Gains On Human Trafficking As Global Networks Broken Up
    While the mainstream media’s attention has been fixed on political drama in Washington D.C., federal and state law enforcement have been quietly working to dismantle a shockingly large number of human trafficking and child abuse networks across the United States. The busts in America come at the same time as a number of other successful international law enforcement operations against networks engaging in human trafficking of women and children.
  • Drudge Put It Perfectly: Congressional Republicans Flail and Fail
    On February 8, 2017, Matt Drudge tweeted, “No Obamacare repeal, tax cuts!” and “Republican party should be sued for fraud. NO discussion of tax cuts now.” Drudge was spot on. This week, Sen. Rand Paul (my former boss, it should be pointed out) stormed out of a meeting with Speaker of the House Paul Ryan when he heard talk of keeping Obamacare’s Medicaid expansion intact and creating tax credits. Paul worried these tax credits would be a Republican-created entitlement program.
  • Mystery as dangerous radioactive particles spread across Europe…and no one knows why
    Scientists are struggling to explain why traces of Iodine-131 have been discovered in Norway, Finland, Poland, Czech Republic, Germany, France and Spain. The particles are usually found after an atomic bomb is detonated or a nuclear power station disaster, such as Chernobyl or Fukushima. The public has been kept in the dark about the find – sparking accusations of a cover-up. Rumour is now also running rife Vladimir Putin has detonated a nuclear device in the Arctic causing the radioactive plume.
  • Journalists who publish leaked information will be jailed under new Tory legislation
    There are some well known stages that mark the path towards totalitarianism – and one indicator that we are strolling down this dangerous path is the UK government’s Investigatory Powers Act.
    One of the principal purposes of the IPA is to records the phone calls, internet browsing records and other data traffic of every person in the country, just in case it comes in useful later. Namely – to create an internal surveillance system. This was quite rightly judged to be illegal by The Court of Justice of the European Union, although the government is yet to meaningfully respond to the ruling. One can only surmise that our impending exit from the jurisdiction of the CJEU will mean that any protection afforded by the judgement will be short lived, if it ever materialises at all.
  • Another season of John Oliver, shameless pro-establishment shill
    This Sunday, season four of John Oliver’s Last Week Tonight premieres. If the last three seasons were any indication, viewers can expect no deviation from the official party line by the establishment’s favorite comedy accomplice. Let’s just cut right to the chase. John Oliver is a charlatan who appears to be a rebellious liberal comedian speaking truth to power. In reality, he is a shameless shill for the ruling class in the United States. Oliver, who hails from West Midlands, England, specializes in telling his liberal audience and those in the establishment exactly what they want to hear. He never genuinely challenges or questions the American power structure, thereby making him an agent of the status quo, which is why the media adores him.
  • Reminder: WikiLeaks Revealed The Deliberate Construction Of A Liberal ‘Echo Chamber’
    In all the excitement about Hillary and Donald and Putin and pizza during our last election cycle, there was an important WikiLeaks document that had nothing to do with any of these things which got largely lost in the shuffle. Republican outlets barely touched on it, and it didn’t make the slightest blip on the radar among Berners and DemExiters, so I’d like to write a reminder piece about Podesta email #59125 (click ‘Attachments’ and then ‘2008 Combined Fundraising, Message and Mobilization Plan’), because we need more awareness on this one.
  • Jean-Claude Junker, EC president, hands over 600 million Euros to Kiev regime
    During the Ukrainian Prime Minister's visit to Brussels on February 10, Juncker, the president of the European Commission, not elected by the people of the EU, granted 600 million to the Kiev regime. Even though less than a week before, the Ukrainian army carried out the worst bombardments against the Donbass and the civilian population, this technocratic entity gives money to a corrupt regime. In December, “Europe” sanctioned Greece because it paid a thirteenth salary to people receiving a small pension, two months later, this same “Europe” gives money to a regime that bombards civilians and cheerfully robs the Ukrainian people by selling Ukraine to the multinationals. The last sentence of the communiqué in the last link cited says a lot about the betrayal of a president born of a putsch supported by the US / Canada and the EU.
  • How the mind treats “impossible things that couldn’t be happening”
    I recently published an article that highlighted the numbers of medically caused deaths in America. When little fragmentary stories about this fact emerge in the mainstream press, they’re one-offs. There is no serious follow-up and no deep investigation. Therefore, the public isn’t aroused. On May 3, 2016, the Washington Post ran an article detailing deaths from medical errors. This bomb dropped: doctors’ errors account for “about 9.5 percent of all deaths annually in the United States.” Let that sink in.
  • Tucson cosmetology student under investigation for giving free haircuts
    A local cosmetology student is being investigating for giving free haircuts to homeless in the community. Juan Carlos Montes de Oca has given dozens of free haircuts to the homeless at the Santa Rita Park over the past few months. “Out of the kindness of my heart. Out of the memory of my mom, because she lost her hair,” Juan Carlos  Montes de Oca said. Montes de Oca thought he was doing a good deed for Tucson by offering the haircuts, a service many homeless hadn’t received in a long time. “About seven months was the longest one, another lady was about two years without a basic trim.” He too has been homeless in the past.
  • Davi to Hollywood Elite: Invite Illegal Aliens and Refugees to the Oscars… or You’re Racists!
    An open letter to the Hollywood Elite and the rest of America: My Dear friends and colleagues, I have recently been pondering President Trump’s executive action with regard to our nation having extreme vetting and our immigration policy finally being enforced. It has pained me deeply to see such a violent reaction to something that, to my mind, makes absolute common sense. Let me begin by saying that I am from a family of immigrants that came to this country for a better life. They came to the US “legally,” assimilated, integrated, and learned English to the best of their ability, and demanded we speak it. As we all know, we live in a time in which there are forces who wish to destroy our way of life…
  • I’ll never bring my phone on an international flight again. Neither should you.
    A few months ago I wrote about how you can encrypt your entire life in less than an hour. Well, all the security in the world can’t save you if someone has physical possession of your phone or laptop, and can intimidate you into giving up your password. And a few weeks ago, that’s precisely what happened to a US citizen returning home from abroad.
  • Greenwald: Empowering the “Deep State” to Undermine Trump is Prescription for Destroying Democracy
    Some supporters of Trump, including Breitbart News, have accused the intelligence agencies of attempting to wage a deep state coup against the president. Meanwhile, some critics of Trump are openly embracing such activity. Bill Kristol, the prominent Republican analyst who founded The Weekly Standard, wrote on Twitter, “Obviously strongly prefer normal democratic and constitutional politics. But if it comes to it, prefer the deep state to the Trump state.” We talk about the deep state with Pulitzer Prize-winning journalist Glenn Greenwald, co-founder of The Intercept.
  • 4 dead Russian Diplomats in 3 months
    Russia's long time ambassador to the UN has died suddenly in New York – this is the fourth Russian diplomat who has died in the last 3 months. Vitaly Churkin was one of the wisest voices in international diplomacy.  His voice will no longer echo in the halls of the United Nations. Articulate, polite yet commanding, wise yet affable, he oversaw some of Russia’s and the world’s most important events in a position he occupied since 2006.
  • Fast Food Prices Before And After $15/Hour Minimum Wage Increase
    C.E. Dyer reports after San Francisco raised the minimum wage to $15/hr, the Bay Area has seen numerous restaurants close, yet the liberal media can’t wrap their minds around the idea that there might be a correlation between the two. Breitbart reported: Restaurants are rapidly going out of business in the Bay Area, after San Francisco passed a $15 minimum wage law in 2014 and the State of California followed suit in 2016. Yet the media are struggling to make the connection between high minimum wages and restaurant closures. The East Bay Times, for example, asked Tuesday: “What’s behind the spate of recent Bay Area restaurant closures?” It barely mentioned new minimum wage laws, brushing them aside as if they were largely insignificant.
  • What Germany and Kyrgyzstan Know Can Protect Your Retirement Portfolio
    Sometimes a few countries actually turn out to be fiscally responsible role models for you and your portfolios. This past week, Germany and little-known central Asian nation Kyrgyzstan both fell into this camp, offering you fantastic practical advice for protecting your assets with their national actions. Last week, the Bundesbank (German Central Bank) announced that it has successfully completed the repatriation of half of its legendary gold reserves ahead of schedule (three years ahead, to be precise), with 583 tons of their gold moved back from New York and Paris.
  • Weather Warfare Biggest Threat to Life on Earth-Dane Wigington
    Geoengineering researcher Dane Wigington says the number one threat facing humanity is extreme weather modification to cool the planet.  It’s being done by geoengineering (commonly known as chemtrails) and it must be stopped now because it’s having the opposite effect.  Wigington says all climate engineering is really just “weather warfare” and explains, “How long can humans survive without habitat?  If we have an issue that is mathematically the greatest single assault launched by the human race against earth’s natural life support system, why wouldn’t we deal with that first and foremost above anything else?”
  • Definite Movement to Take Trump Out-Gerald Celente
    Trends forecaster Gerald Celente says the resignation of top security advisor Michael Flynn is further proof there is an ongoing “destabilization campaign” and a “definite movement to take out Trump.” Celente explains, “When Trump came in, one of the first things he said in his campaign is let’s stop this fighting with Russia, they’re not the threat that everyone says they are.  Since he’s been saying that, he’s been attacked.  Let’s go back to Michael Flynn.  Trump and Flynn say the CIA has become too politicized.  A lot of these agencies have been wasting money and giving us bad information.  That was what a lot of Flynn was about.  Let’s not forget that Obama dumped Flynn because those were the things that Flynn was saying that Obama didn’t want to hear.”
  • Pope Francis Declares ‘Muslim Terrorism Does Not Exist’ As He Continues To Set The Stage For A One World Religion
    When I first started seeing headlines that claimed that Pope Francis said that “Muslim terrorism does not exist”, I thought that it couldn’t possibly be true. After all, who could possibly deny that Islamic radicals are engaged in terrorism? Within the last 30 days, there have been 127 Islamic terror attacks in a total of 25 different countries. And in 2016 global terror attacks set an all-time record high and were up 25 percent from the year before. Unfortunately, there are many world leaders that are so politically correct and that are so married to the idea that Islam is good that they cannot admit to themselves that radical Islamic terror is being fueled by radical Islamic beliefs. And in the case of Pope Francis, he is exceedingly careful never to say anything negative about Islam because it would greatly hinder his efforts to bring all of the major religions of the planet closer together.
  • The Globalists Strike Back With A Major Push Toward A Cashless Society
    Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up.  In fact, a major push toward a cashless society is being made in the European Union right now.  Last May we learned that the 500 euro note is being completely eliminated, and just a few weeks ago the European Commission released a new “Action Plan” which instructs member states to explore “potential upper limits to cash payments”.  In the name of “fighting terrorism”, this “Action Plan” discusses the benefits of “prohibitions for cash payments above a specific threshold” and it says that those prohibitions should include “virtual currencies (such as BitCoin) and prepaid instruments (such as pre-paid credit cards) when they are used anonymously.”
  • This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress
    When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem.  For quite some time I have been writing about the shrinking middle class, and one of the biggest culprits is inflation.  Every month, tens of millions of American families struggle to pay the bills, and most of them don’t even understand the economic forces that are putting so much pressure on them.  The United States never had a persistent, ongoing problem with inflation until the debt-based Federal Reserve system was introduced in 1913.  Since that time, we have had non-stop inflation and the U.S. dollar has lost more than 98 percent of its value.  If our paychecks were increasing faster than inflation this wouldn’t be a problem, but in recent years this has definitely not been the case for most Americans.
  • This Week The ‘Arch Of Baal’ Was Displayed For The Third Time In Honor Of ‘The World Government Summit’
    Did you know that 4,000 world leaders from 130 different countries gathered in Dubai this week for the World Government Summit? It was held from February 12th to February 14th, and it featured more than 100 internationally-known speakers including UN Secretary General Antonio Guterres, Christine Lagarde and Elon Musk. If you would like to know more about this shadowy group, you can visit the official website right here. The first World Government Summit was held back in 2013, and that one was actually attended by Barack Obama. Unfortunately the mainstream media in the United States was almost entirely silent about this summit, so most of us in the western world didn’t even hear about it.
  • A Civil War For Control Of The U.S. Government Has Erupted Between ‘The Deep State’ And Donald Trump
    The ruthless political assassination of Michael Flynn was just one battle of a major civil war that has erupted for control of the U.S. government. Donald Trump and his new administration are now under relentless assault by “the deep state”, and at this point it is not clear who will emerge as the victor. There are many that use the term “deep state” as a synonym for the intelligence community, but the truth is that it is much broader than that. In reality, the deep state encompasses thousands upon thousands of unelected, unaccountable bureaucrats that never seem to change no matter which party wins an election. Certainly the intelligence community is at the heart of this system, but there are countless others that are embedded within key government agencies and the Pentagon that deeply resent Donald Trump and the kind of change that he is attempting to bring to Washington.
  • We Live In A Society Where ‘Fifty Shades’, Beyonce And Lady Gaga Are Considered To Be ‘Entertainment’
    What in the world has happened to America? We live in a society where perversion, sexual violence and occult rituals have become essential elements of our entertainment. In fact, these days it seems like we can’t get through a major awards show or a Super Bowl halftime celebration without being forced to see things that would have been absolutely unthinkable in this country just fifty years ago. Unfortunately, most Americans have already had their consciences seared so badly that these things don’t even bother them anymore. In the old days, popular music was certainly full of sexually suggestive themes, but the artists were never as graphic as they are today. In addition to blatantly flaunting their sexuality, the biggest pop stars of today also seem to be in a competition to see who can include the most occult symbology in their performances.
  • 11 Deeply Alarming Facts About America’s Crumbling Infrastructure
    No matter what your particular political perspective is, if there is one thing that virtually everyone in the United States can agree upon it is the fact that America’s infrastructure is crumbling.  Previous generations of Americans conquered an entire continent and erected the greatest system of infrastructure that the world had ever seen, but now thousands upon thousands of those extremely impressive infrastructure projects are decades old and in desperate need of repair or upgrading.  The near catastrophic failure of the Oroville Dam is a perfect example of what I am talking about.  We should be constructing the next generation of infrastructure projects for our children and our grandchildren, but instead we are in such sorry shape that we can’t even keep up with the maintenance and upkeep on the great infrastructure projects that have been handed down to us.
  • It Is About Time That We Had A President That Was Willing To Go To War With The Mainstream Media
    Thursday afternoon’s press conference was perhaps the most memorable moment of Donald Trump’s presidency so far.  Trump’s blistering attack on the media was quite a spectacle, but the truth is that it was desperately needed.  For decades, the mainstream media has dominated political discourse in this country no matter who has been in control of the White House or Congress.  They have become masters of guiding and shaping public opinion, and in recent years they have completely discarded any pretense of being “unbiased” or “objective”.  These monolithic media organizations relentlessly push the progressive agenda of their owners (the global elite), and that is why the “news” always seems to be just about the same no matter which network it is coming from.  Their monopoly is slowly being broken by the rise of the alternative media, but the truth is that most Americans still rely on just a handful of ultra-powerful media organizations for their news.
  • Why Melania Trump Leading The Public In The Lord’s Prayer At A Rally In Florida Was A Historic Event
    We just witnessed Melania Trump’s finest moment as First Lady so far.  After a week in which her husband declared war on the mainstream media, Melania absolutely electrified a huge crowd at a rally in Melbourne, Florida by reciting the Lord’s Prayer.  What Donald Trump had to share afterwards was remarkable as well, but that night will always be remembered for what Melania did.  After beginning with the phrase “let us pray”, Melania stunned the entire world by slowly but carefully leading the crowd in the Lord’s Prayer, and it is being reported that the assembled throng responded to her prayer with “thunderous applause“.
  • BREAKING: Health Ranger threatened by left-wing media goons: “Destroy Alex Jones or we will destroy YOU”
    FULL DISCLOSURE: I am being threatened with the “complete destruction” of my reputation, my brand and my character by left-wing media operatives who have issued a new threat this week: “Destroy Alex Jones or we will destroy YOU.” Alex Jones, of course, is the founder of InfoWars.com, one of the most popular multi-media publishers of pro-America news, videos and radio broadcasts in the world. The warning implies that a barrage of left-wing media stories will target me personally — obviously spreading “fake news” lies — unless I agree to go public with “opposition research” targeting Jones that was previously delivered to me on a physical thumb drive.
  • “Euro May Already Be Lost” – Vice-Chairman Of EuroThinkTank Warns “No Way To Avert Break-Up”
    The 1st of January 2017 marked the 18th anniversary of the European common currency, the euro. Despite its success from 1999 to 2007, after 2008 the euro has become a burden for many of its members. For example, living standards in Italy and Greece are below the levels when they joined the euro. Finland is the only Nordic country using the euro and it is also the only Nordic country which has not yet recovered from the financial crash of 2008. There have been many proposals on how to fix the euro and the EMU, but they are politically unpopular and unrealistic. In this blog-entry, we will argue that the euro will almost surely fail; we just do not know the exact timing of its demise.
  • Growing Huge Amounts of Food on 1/2 an Acre – Urban Abundance
    In the small town of Oxford, Kane and Fiona Hogan have transformed their urban 1/2-acre property into abundant veggie gardens. Their business Urban Gardener aims to build resilience and food security in their local community.
  • “It's Over Folks” The Neocons & The “Deep State” Have Neutered The Trump Presidency
    Less than a month ago I warned that a ‘color revolution ‘ was taking place in the USA.  My first element of proof was the so-called “investigation” which the CIA, FBI, NSA and others were conducting against President Trump’s candidate to become National Security Advisor, General Flynn.  Last night, the plot to get rid of Flynn has finally succeeded and General Flynn had to offer his resignation.  Trump accepted it.
  • Flynn’s son, who pushed phony Pizzagate, blames dad’s downfall on ‘disinformation campaign’
    Michael Flynn’s son is blaming a “disinformation campaign” for bringing down his father, who up until Monday night served as President Trump’s national security adviser. “The disinformation campaign against my father won #AmericaFirst #USA #Flynn #FlynnResignation,” Michael Flynn Jr. claimed on Twitter. The tweet, which has since been deleted, came hours after Flynn resigned his posting after being accused of misrepresenting communications with a Russian official.
  • Peter Schweizer: Media Hound Trump over Russia Dealings, Silent When Clintons Made ‘Tens of Millions of Dollars’ from Russia
    Breitbart News Senior Editor Peter Schweizer, president of the Government Accountability Institute, broke down the story behind National Security Adviser Mike Flynn’s resignation on Wednesday’s Breitbart News Daily.
  • A Letter From Robert F. Kennedy, Jr. and Robert De Niro to American Journalists
    On the occasion of our announcement of the World Mercury Project's $100K challenge, we want to address America's reporters, journalists, columnists, editors, network anchors, on-air doctors and news division producers. We especially want to reach out to those of you who have made a point of assuring the public about the safety of the mercury-based preservative, thimerosal. It's our hope that this challenge will elevate this important debate beyond name calling and prompt a genuine examination of the relevant science. The American public is entitled to an honest, probing and vigorous discussion about this critical public health issue—a debate based on facts, not rooted in fear, or on blind faith in regulators and the pharmaceutical industry.
  • French Election Puts Possibility of ‘Frexit' on the Agenda
    What’s striking about the French presidential election is the extent to which the two front-runners share a basic analysis of the choice facing the country. Marine Le Pen, the leader of the right-wing National Front, and Emmanuel Macron, the 39-year-old former economy minister who quit François Hollande’s government to stand as an independent, are poles apart politically. But both agree that the defining issue is France’s membership of the eurozone.
  • Pastor Lindsey Williams introduces Pastor David Bowen – February 16, 2017
    Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams' weekly newsletter.

Precious Metals Are The Only Lifeboat! I have persistently WARNED you what was happening in the gold market and why you needed to convert your paper assets to physical gold and silver. You need to hedge against the financial instability with physical gold and silver. Call the experts to help you convert your IRA or 401k into Gold, Silver and Other Precious Metals. Call Regal Assets NOW before it's too late! Call Toll-Free 1-888-748-6766.


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