Category Marxism

Sep 19 2021

Biden Administration Allows Border Invasion to Continue – Massive Crisis Overwhelms Del Rio Border Sector in Texas


Posted originally on the conservative tree house on September 18, 2021 | Sundance | 351 Comments

The efforts of the Biden administration to collapse the U.S. immigration system and open the borders to unrestricted illegal alien migration are being extremely successful.  Tens of thousands of illegal border crossers are now assembled in Del Rio, Texas, hometown to the Chief of the U.S. Border Patrol, Raul Ortiz.

The issue has become so overwhelming Ortiz told Houston media, “We’ve never seen a migration population explode so quickly on the immediate border like we saw over the last 72 hours.”  Approximately 13,000 illegal aliens are now encamped underneath the overpass of the international bridge connecting Del Rio, Texas, to Ciudad Acuña in the Mexican state of Coahuila.

Among the invasion forces are massive numbers of Haitians, thousands of them, who previously fled their homeland to South and Central American countries like Brazil and Columbia. After gaining visas to South America they work their way through Panama, Central America and into Mexico where they take organized buses from left-wing open border aid groups and eventually taxi cabs to Del Rio where they walk across the Rio Grande unimpeded.

The Obama administration previously began supporting this network of travel in 2012 during the “unaccompanied alien children” crisis.  However, currently the same system is working in overdrive, because the Obama crew has installed Joe Biden as a disposable figure to facilitate the fundamental change Obama failed to achieve when he was restricted by political backlash.

In the 2021 version of Obama’s operation, the invasion force is no longer limited to children or teenage central American gang members. Now we see entire families of economic migrants, and those who know the U.S. taxpayer will be forced to fund their life in the U.S, flooding the border in extreme numbers.

The scale of the movement is so extreme, the cartels in Mexico have even stopped trying to catch, tax and charge the travelers for passage. The Mexican drug cartels are incapable of blocking the flow of the migrants as they flow like ants around the villages and towns where the cartel checkpoints were set up. Additionally, most Mexican nationals and the Mexican military do not want to block the flow because they know the sheer size of these groups will cost them billions to support.

In an effort to stop the larger American people from seeing what is taking place, the Biden administration closed the Del Rio border bridge on Friday. Any legal passage into this region, including valid Mexican workers with permits, now have to drive an hour away to Eagle Pass, Texas, to cross in or out of the U.S. This is making the situation in Del Rio even worse, as the legal workforce for sustainable social and economic infrastructure can no longer get to work.

According to one report, shared by Latino for Trump founder Bianca Gracia (via Steve Bannon’s broadcast), customs and border patrol officers are now moving their families away from Del Rio, Texas, because the entire region is being overrun with a mix of desperate people from the third-world and is no longer safe.

This situation would appear to be the motive for USBP Chief Raul Ortiz to leave his Washington DC office and rush back to his hometown to evaluate the scale of the crisis.  “From my perspective, we need to do everything we can to manage the safety and security of the migrants, the community and of course our agents,” Ortiz said.

The invasion force has resulted in a bottleneck of approximately 13,000 people, as the Biden administration cannot distribute them further inland as fast as they are arriving.  The Del Rio encampment population is expected to double in the next 24 to 48 hours.

CTH has tracked this issue so closely through the years, it often feels futile.  There is no greater disconnect from ordinary Americans on any singular issue than the policy positions of Democrats and Republicans in Washington DC surrounding illegal immigration.

Massive illegal immigration is supported by both sides of the professional political machine. There are few issues more unifying for the K-Street purchased voices of DC politicians than keeping the U.S. borders open and the influx of illegal aliens as high as possible. The U.S. Chamber of Commerce pays politicians to keep this system in place.

All Democrats, and most Republicans, support mass immigration. Almost no DC politicians want to take action on any policy or legislation that stops the influx. There are billions at stake. None of the GOP leadership want to actually stop illegal immigration; it’s a lucrative business, and almost all of the CONservative groups and politicians lie about it.

Example: Glenn Beck was about to go bankrupt because his failed media empire was collapsing around him.  What did he do?  He shifted the financial mechanism underneath him to a process of joining the charitable business-end of illegal immigration.   Beck’s “charity” Mercury-One, now openly fundraises under the faith-based auspices of saving people from hardship around the world, “It’s what good Christians do”.  With a name like “The Nazarene fund“, if you question it, you’re a racist.

In the bigger picture, “Faith Based Immigration Services” is a code-speak for legalized human smuggling.

(Lutheran Immigration – Grant Link)

Human smuggling is big business. If you dig into the IRS 990 forms, you’ll see a lot of, well, “generous” wage/benefit perks.  Golf, florists, cafes, mysterious leases, land purchases, third party mortgages, $$$ spouses on the payroll, etc.

So, when you’ve got each individual immigration business making multi-hundreds of millions; and politicians getting kick-backs (lobbyists); and bribes to Mexican government officials; and payments to smugglers; who do you think actually wants the business to stop?

(Data For Catholic Bishops – FY 2018)

The “faith-based” crew (Ted Cruz, Glenn Beck, etc.) don’t want it to stop, because facilitating illegal alien import is now the financial bread and butter amid groups in their base of support. The man/woman in the pew might not know; but the corporation minister, preacher or priest (inside the process) surely does.

The Wall Street, big GOPe, U.S. Chamber of Commerce crew doesn’t want it to stop, because they benefit from it (cheap labor), and the taxpayers -not them- are the ones funding it.

(Baptist Child and Family Services – BCFS – FY 2018)

Sad thing is, it’s you and me that are paying the South/Central American human smugglers through U.S. taxpayer funds. Funds laundered through the immigration business bagmen at U.S. Conference of Catholic Bishops, and/or, U.S. Catholic Charities, or Southwest Key Programs Inc; or Baptist Child and Family Services Emergency Management Division (BCFS-EMD)… just to name a few.

These immigration groups get *MASSIVE* HHS grants and then pay-off the DC politicians and human smugglers, including MS13. Billions of dollars are spent, and the business has exploded in the past six years.

It’s a vicious cycle. Trafficked children are more valuable than adults, because the organizations involved get more funding for a child than an adult. Each illegal alien child is worth about $56,000 in grant money. The system is full of fraud.

From our prior research approximately 65% of the money they get is spent on executive pay and benefits, opaque administrative payrolls, bribes, kick-backs to DC politicians and payoffs to the South American smugglers who bring them more immigrants.

As best it can be determined, approximately 35% ($19,000) is spent on the alien/immigrant child; maybe. It gets sketchy deep in their accounting.

I dislike all of them…. immensely.  In the wake of their financially lucrative immigration outcomes, you will find nothing except human misery.

Sep 18 2021

Vaccine Hypnosis


Posted originally on GrrrGraphics.com on SEP 17, 2021 AT 12:36 PM

The western world is undergoing an aggressive mass-hypnosis campaign designed to get us all to take a Covid vaccination. Many of us are resisting and are now being demonized. Arch liar Don Lemon said we should be shunned and harassed. Will Lemon soon be donning a Nazi uniform?

We are inundated with messages urging us to take the experimental injections. There’s an annoying Walgreen commercial in which a woman uses a relaxed and friendly voice. After talking about something else she casually adds something about getting your free Covid vaccine because ‘you’re ready.’ When I hear her say that I reply, “No, I’m not ready. I’ll never be ready!”

Such commercials are everywhere and I assume they’re being paid for by the pharmaceutical industrial complex, but there’s one thing that makes the Covid jabs stand out. Unlike ads for other drugs, they do not list the side effects of getting the Covid shot. If they did, it would be horrific. I can hear it now…”Side effects may include heart inflammation, stroke, or sudden death.” They won’t say that, but serious side effects have occurred. Thousands of died and millions have experienced serious side effects. The mainstream media liars will not mention a word about such dangers. They keep repeating over and over that the vaccines are ‘safe and effective.’ If they say those words often enough and from enough sources including celebrities, they know they will break down resistance and people will eventually get them.

Many people do not trust government, our media, or the pharmaceutical representatives. They know Dr. Fauci gave American taxpayer dollars to the Chinese communists to achieve ‘gain of function.’ He lied to Congress. He and Bill Gates belong in prison, but since they are part of the New World Order, they are untouchable. Many don’t like or trust Fauci or Gates, but still they get the vaccine for a so-called pandemic with a 99.7 percent survivability rate!

They globalist totalitarians also do not want you to question their hypnotism. Observe what Senator Pocahontas (Elizabeth Warren) said last week. She wants Amazon to ban books that criticize the vaccines. Many of those books are written by real doctors and scientists who are ringing alarm bells, but Warren says what they’re writing is ‘misinformation.’ She won’t say exactly WHAT is the misinformation, but it’s a tactic now being used by the vaccine pushers. Anything that questions the ‘official’ narrative is now misinformation. That’s that. No debate. No free speech allowed. Just shut up and take your shot and hurry!

They are attempting to control reality with their hypnosis. That is, they want humanity to accept a false reality and it can’t be questioned. This will lead to a very bad end.

I’m not offering medical advice. If you insist on having mystery liquids that have been proven to be ineffective against Covid inserted into your body, then that’s your call. As for me, I will never be convinced. The love of freedom breaks their hypnotic spell.

— Ben Garrison

Sep 18 2021

iPhone 13


Armstrong Economics Blog/Humor Re-Posted Sep 18, 2021 by Martin Armstrong

Sep 18 2021

Why Did The CDC Stop Recording Vaccine Breakthrough Cases in The U.S. on May 1st? – Today We Got The Obvious Answer, Vaccine Companies Want to Sell Booster Shots


Posted originally on the conservative tree house on September 17, 2021 | Sundance | 146 Comments

A “breakthrough case” is the term for a person infecting with COVID-19 after they have been vaccinated.  On May 1st the CDC changed the recording and record keeping of COVID-19 breakthrough cases, and stopped tracking them.  The change was announced July 30th {Data Link}.

[…] The Centers for Disease Control and Prevention (CDC) currently monitors hospitalizations and deaths, from any cause, among fully vaccinated individuals with COVID-19, but not breakthrough infections, which it stopped monitoring as of May 1. CDC presents this data in aggregate at the national level but not by state, and there is no single, public repository for data by state or data on breakthrough infections, since the CDC stopped monitoring them. (read more)

At the time the CDC stopped tracking the incidents of vaccinated persons contracting COVID-19 and being hospitalized, many people wondered why?  Obviously if you stop recording vaccinated persons who are hospitalized, it will look like only unvaccinated persons are being hospitalized by the variants in the CDC records.  That skews the data and gives the false impression that only unvaxxed persons are getting infected and/or sick….

…Which is exactly what happened.

The medical industry and media narrative around the COVID-19 Delta Variant was that unvaccinated people in the U.S. were the majority group at risk.  The data supported that narrative because the breakthrough cases were no longer being recorded.   This makes the vaccine approach look better.  The approach of not counting the breakthrough case hospitalizations also makes the pharmaceutical companies look better; their vaccine looks more appealing & more effective.

However, another angle surfaced today that highlights the strength of the motive to stop recording those breakthrough cases; it also explains why some of the top leadership in the FDA quit their jobs rather than participate.

When the FDA vaccine approval panel was originally instructed to use the efficacy data with the goal of evaluating the booster shot request for the Pfizer vaccination; they were instructed to only look at the data from the U.S.

Knowing the CDC no longer was tracking U.S. breakthrough cases, that meant the FDA vaccine approval panel was only evaluating the Pfizer efficacy and hospitalization issue around the non-vaccinated group.  If this approach had been maintained, they would be making a determination of vaccine efficacy/effectiveness in the U.S. with the key metric omitted: The Pfizer vaccine would look more effective than it actually was, because the vaccinated and hospitalized metric was removed.

That skewed data looks like an intentional decision – for that specific intentional reason.   The CDC was trying to make the vaccines look more effective at avoiding hospitalization.  THAT is a political manipulation by changing a key part of the record-keeping.  THAT looks like the reason for the FDA officials to quit, rather than participate in politically manipulated science.

This scenario turned up today in the FDA rejection of a Pfizer booster, when the FDA vaccine approval panel finally won the argument and was allowed to look at more than just the manipulated U.S. data-set.   Despite the CDC stopping to track the vaccinated and hospitalized data in the U.S., the panel was allowed to consider the vaccinated and hospitalized outcomes from the U.K. and Israel {Source Link}:

[Dr. Peter Marks, the FDA leading expert in vaccines,] – “added the meeting focused on almost real-time analyses compared to what is happening in the world, and the goal remains slowing the spread of COVID-19, which is killing almost 2,000 Americans daily.

The question the advisory panel was originally given to consider only used the U.S. data, a small dataset, despite the presentations including data from the U.K. and Israel.

Marks instructed the panel to consider all the data, noting, “This is not a legal proceeding, this is a science proceeding, so you can take all the data into account.” (link)

By looking at the vaccinated/hospitalized rates in the U.K and Israel, a data-set intentionally not recorded by U.S. health officials, the panel rejected the Pfizer request for a booster shot, noting the efficacy just wasn’t there.  However, if the panel had only looked at the data approved by the CDC, the Pfizer vaccine efficacy would have looked much better because the vaccinated/hospitalized data was intentionally not recorded.

This my friends is how the healthcare of the U.S. is being manipulated by politics and Big Pharma.

This political manipulation also explains why the White House was proceeding with a booster shot distribution plan, even before the FDA vaccine advisory panel gave their opinion. $$$$

Sep 18 2021

Arizona Audit Update, Maricopa County and State Senate Enter Agreement – Wendy Rogers Confirms Audit Report and Hearing for Friday September 24th


Posted originally on the conservative tree house September 17, 2021 | Sundance | 115 Comments

Some interesting developments in the ongoing Arizona Senate audit of the dubious Maricopa County election outcome.  First, Arizona Senate President Karen Fann notes an agreement between the Senate and Maricopa County for information still outstanding.  According to President Fann:

“HUGE win for the Az Senate today! Maricopa settlement gives us all the data needed to complete the review of the routers & splunk log to the most comprehensive election audit in history. We got everything we need and more. Maricopa County goes home with its tail between its legs” ~ Karen Fann (graphic source link):

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Additionally, Arizona Senator Wendy Rogers announced earlier the results from the Maricopa audit will be released and discussed during a Senate hearing scheduled for Friday September 24th. {Direct Rumble Link} – Video Below:

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Sep 18 2021

CENTCOM Commander General McKenzie Calls Drone Strike Killing 10 Innocents in Kabul, a Tragic Mistake – The Signals Intelligence Was Wrong


Posted originally on the conservative tree house on September 17, 2021 | Sundance | 165 Comments

Earlier today, General Kenneth Franklin McKenzie Jr. admitted a claimed U.S. drone strike against the ever evolving and mysterious ISIS-K, actually killed 7 children and three innocent adult civilians. General McKenzie calls it a “tragic mistake.” Four days after the August 29th strike Gen. Mark Milley, chairman of the Joint Chiefs of Staff, called the strike “righteous.”

General McKenzi says he takes “full responsibility”, yet he retains his position.   No one is being held to account. No one at the Pentagon is facing discipline. Both McKenzie and Milley claim it was solid intelligence that led them to watch, follow, and eventually target and kill Zemari Ahmadi, an Afghan relief worker who arrived home. The missile struck his vehicle as his children ran out to welcome daddy home from work, killing all occupants in the car and those in the vicinity.

As noted by Politico, “The command now assesses that “it is unlikely” the man and vehicle targeted was affiliated with ISIS-K, the Afghanistan branch of ISIS, or “a direct threat to U.S. forces,” Gen. Frank McKenzie, head of U.S. Central Command told reporters Friday.”

Many people suspect part of the “intelligence” they used was a tip from their Taliban “partners” at the time.  Ten people killed, including three children.

The other aspect to this situation that raises MASSIVE alarm bells is McZenzie emphasizing this strike was the result of overwhelming “signals intelligence” or SIGINT.   Remember, the Intelligence Apparatus, writ large, is part of Team-1, and aligned with the State Department.  The White House and Pentagon are part of Team-2.  At the time this took place, there was a severe battle to avoid accountability between both teams.

Two Questions:

First – Was the signals intelligence provided by Team-1, purposefully wrong in order to set up the Pentagon (Team-2) with a major crisis, and as a result, put more of the Afghanistan blame on the DoD and White House?

Second – Did the evidence of that erroneous targeting then arrive at the New York Times after an assist by the background operators of Team-1 to get it to them?

Think about it.

♦ TEAM One – The Department of State is aligned with the CIA.  Their media PR firms are CNN, CNNi and the Washington Post. Their ideology is favorable to the United Nations.  Their internal corruption is generally driven by relationship with foreign actors.  References: Hillary Clinton, Clinton Global Initiative, John McCain, Qatar, Muslim Brotherhood, Samantha Powers, Susan Rice, Cass Sunstein, Brookings Institute, Lawfare, China-centric, Senate Foreign Relations Committee, Senate Intel Committee, Council on Foreign Relations.

♦ TEAM Two – The White House is aligned with the Pentagon (DoD) and National Security Council (NSC).  Their media PR firms are domestic in nature. New York Times, Politico, etc.  Their internal corruption is generally driven by domestic influence.  References: Barack Obama, George Bush, Wall St, Big Banks, Multinational Corporations, Defense Contractors, FBI (state police), Judicial Branch, and community activists writ large.

[Presidential elections only affect Team Two (nationalism -v- globalism).  In the modern era, Team One is independent.]

Both teams were responsible for the Afghanistan mess.  However, in the aftermath of the mess; and with the situation in/around Kabul gaining massive attention, each team is positioning to avoid scrutiny.  Scrutiny on either team runs the risk of identifying massive institutional corruption; so the objective is to push the spotlight onto the other team.

State Dept. blames White House/Pentagon…. Pentagon/White House looking to avoid sunlight.

Did the DoS/CIA set up the White House and DoD using their knowledge of relief worker Zemari Ahmadi and his family as useful collateral damage?

Sep 18 2021

FDA Advisory Panel Rejects Pfizer Booster Shots


Posted originally on the conservative tree house September 17, 2021 | Sundance | 526 Comments

The Food and Drug Administration (FDA) advisory group who evaluate the efficacy and safety of vaccines have rejected the request for Pfizer booster shots.  However, the White House – desperately trying to push as many needle jabs as possible – was already on track to begin giving booster shots this month.  The implication here is that the White House was not following the recommendations of the FDA or the science.

WASHINGTON DC – A U.S. Food and Drug Administration (FDA) advisory panel voted Friday against approval of Pfizer (PFE)/BioNTech’s (BNTX) third dose for the U.S.

The vote comes after a heated debate in recent weeks over the need for booster or additional shots, which both mRNA companies — Pfizer and Moderna (MRNA) — have advocated for.

Dr. Peter Marks, the FDA’s leading expert on vaccines, touched on the controversy in his introductory remarks. “We know that there may be differing opinions of the interpretation of the data regarding the potential need for additional doses, and we strongly encourage all the different viewpoints to be voiced and discussed regarding the data, which is complex, and evolving,” Marks said.

He added the meeting focused on almost real-time analyses compared to what is happening in the world, and the goal remains slowing the spread of COVID-19, which is killing almost 2,000 Americans daily.

The question the advisory panel was given to consider only used the U.S. data, a small dataset, despite the presentations including data from the U.K. and Israel.

Marks instructed the panel to consider all the data, noting, “This is not a legal proceeding, this is a science proceeding, so you can take all the data into account.”

The meeting precedes a September 20 start date for additional doses, announced last month by the White House COVID-19 Response Team, despite U.S. Centers for Disease Control and Prevention (CDC) data showing some Americans are already receiving third doses. Last month, the CDC recommended additional doses for immunocompromised people.

A CDC advisory panel will meet next week to discuss recommendations for who should receive a booster dose. (read more)

This happens on the same day the CDC announces a study [Data Here] showing the Moderna vaccine remained stronger in protecting against hospitalization compared to Pfizer and Johnson & Johnson (JNJ).

Among U.S. adults without immunocompromising conditions, vaccine effectiveness against COVID-19 hospitalization during March 11–August 15, 2021, was higher for the Moderna vaccine (93%) than the Pfizer-BioNTech vaccine (88%) and the Janssen vaccine (71%).  (link)

However, Moderna has now highlighted their own diminished benefit study [DATA HERE] showing the vaccine effectiveness wanes after 8 months:

[…] “In the analysis, 88 breakthrough cases of COVID-19 occurred in the more recently vaccinated group (49.0 cases per 1000 person-years) compared to 162 cases in the group vaccinated last year (77.1 cases per 1000 person-years). The reduction in incidence rates for participants vaccinated more recently compared to participants vaccinated last year was 36% (95% CI: 17-52%). A Cox proportional hazards model showed similar results after adjusting for age and risk factors for severe COVID-19. Fortunately, only 19 severe cases were observed. While not significant, there was a numerical trend towards a lower rate of severe cases in the group vaccinated more recently (3.3 per 1000 person-years) compared to the group vaccinated last year (6.2 per 1000 person-years).” (read more)

Once you get locked in the vaccine roller coaster, you ain’t getting off until the ride’s over…

Sep 17 2021

Will the Gov’t Close all Markets?


Armstrong Economics Blog/Forecasts Re-Posted Sep 17, 2021 by Martin Armstrong

QUESTION: Marty, the government closed the New York Stock exchange in 1914 due to World War I. Do you think they will do that again?

Looking forward to Orlando

WH

ANSWER: The closure of 1914 was not the only time they shut down markets. Even the London market was shut down during war. On June 17, 1864, Congress responded to the wild speculation and simply prohibited buying or selling gold for future delivery to stop the speculation driven by each battle. The penalty was now imprisonment, a heavy fine, or of course, both. The only exception was a gold transaction in a private office. Yet, it was clearly aimed at closing and any minor gold exchanges. Nonetheless, the government simply could not stop the speculation of gold.

Gold advanced from $190 to about $280. Therefore, the Gold Act of 1864 (13 Stat. 132), which passed with little debate on June 17, 1864, only confirmed that the dollar was in trouble and it tumbled against the British pound driving its value to $9.97 per pound sterling.

There is a risk that the FREE MARKETS may be shut down as we approach 2027. There are Panic Cycles in politics both in 2022 and 2024. These people behind the Great Reset will NOT tolerate a free market when it comes to the Euro. You must understand that the crack in the Euro is a debating political factor in Europe which is entirely different from that of what you see in the dollar. Since World War II, Europ[ean politicians have used the strength of their currency as confirmation that they have done a good job. No American president could run to say the dollar is up against Canada and Mexico which proves I have done a great job. He would be laughed at as nuts.

The Euro saved the crisis of debt in Europe kicking the can down the road. But that road comes to an end by 2024. You have to understand that these people are fighting to retain power in the middle of their house of cards collapsing. COVID passes are all about control – not health. Slovenia denying the right to buy gasoline if you have not been vaccinated? We are confronted by a collapse in socialism and this is the real crisis – not health or climate change. Those are cover stories to alter the entire economy because the collapse would mean revolution. They are trying desperately to head off a revolution – hence unvaccinated no gasoline.

This year’s WEC will be interesting for we have to look at not just markets and where to put money and where to live, but then how to save money when the cards come tumbling down.

Sep 17 2021

Have Central Banks Crossed the Line into Tyranny?


Armstrong Economics Blog/Banking Crisis Re-Posted Sep 17, 2021 by Martin Armstrong

With all the conspiracy theories that somehow the bankers are the real culprits in creating excess money supply, there has been an evolution in central banks that has finally crossed the line since 2019. The Federal Reserve was, once upon a time, responsible. The Fed was originally designed as an authority to create money, which was an elastic money supply. That made perfect sense when the Fed was designed in 1913.

Yes, the bankers owned the shares BECAUSE the Fed was actually designed to do what JP Morgan did in herding the bankers together to save the day during the Panic of 1907. Morgan convinced the bankers that if they did not chip in money to bail out the troubled banks, panic would unfold, and ALL the banks would be hit as a contagion. They listened and joined his effort to stem the Panic of 1907. The design of the Fed was to recreate what JP Morgan put together. The shareholders were the bankers because it was a bail-out fund for the bankers, and TAXPAYER money should not be used to bail out the bankers.

Democrat President Woodrow Wilson signed the 1913 Act, creating the Federal Reserve as well as the income tax. Wilson signed the Revenue Act of 1913, which lowered average tariff rates from 40 percent to 26 percent. It also established a one percent tax on income above $3,000 per year; the tax affected approximately three percent of the population. The Federal Reserve, as designed, was independent, and thus there was the Fed policy v fiscal policy set by Congress.

The elastic money was a brilliant idea where the Fed would buy-in corporate paper to provide lending of the last resort when the bankers could not lend due to the hoarding of cash in a crisis. The corporate paper was typically 90 days. When World War I came, Congress ordered the Fed to buy its paper because they would need to issue a lot of debt. They never returned the Fed to its original design to “stimulate” the economy by directly purchasing corporate paper to prevent companies from laying off employees. Therefore, the structural alteration of the Federal Reserve for World War I transformed the theory of Quantitative Easing into an INDIRECT stimulus rather than DIRECT. When the Fed bought only corporate paper, it directly stimulated the economy. When it was instructed only to buy only government paper, which the government NEVER pays off, any idea of the stimulus was wiped out, for at best, it became INDIRECT.

Then Roosevelt came, and he wanted to control everything. He seized the Federal Reserve and took the power of all the branches, and consolidated it into Washington. Section 203 of the Banking Act of 1935 changed the name of the “Federal Reserve Board” to the “Board of Governors of the Federal Reserve System.” Roosevelt’s Banking Act of 1935 also made major structural changes increasing the number of members of the Board appointed by the president from six to seven to ensure he now controlled the Fed. He created for himself the authority to designate one of the persons appointed as “chairman” of the Board and one as “vice-chairman” of the Board, each to serve in such role for a term of four years.

As I have explained in “Manipulating the World Economy,” there was a huge confrontation between the Federal Reserve and the White House. The Fed was directed during World War II to maintain par on US government bonds to fund the war. The Fed was ordered to engage in what we call Quantitative Easing. Then the Korean War came, and the Fed rebelled. They refused to continue to engage in Quantitative Easing. The Fed asserted its original independence over politics.

Politics began to creep back in during the Financial Crisis of 1998. The Federal Reserve then stepped in to bail out Long-Term Capital Management in 1998, a failed hedge fund, because if it did not, it would have taken down Goldman Sachs. So instead of allowing that, the Fed bailed out the hedge fund when they really had no authority to do so. That abuse of power led the Fed to then support the bankers who were engaged in manipulating markets to create guaranteed trades. The bankers warned if they failed, then the government would be broke for it was the bankers who bought the new debt and resold it.

Then the Financial Crisis of 2007-2009 took place when the bankers got AIG to guarantee their dodgy mortgage-backed securities. When that all collapsed, the Federal Reserve again bailed out AIG, an insurance company that was operating from London, instead of the US banks. They claimed they did not have the authority to bail out Bear Stearns and Lehman Brothers, which were competitors of Goldman Sachs and investment banks. But they apparently had the authority to bail out an insurance company in London, which again saved Goldman Sachs. I believe they deliberately let two of the 5 investment banks fail to help Goldman Sachs rise to the top.

Now, the automated clearinghouse (ACH) system is changing to allow direct deposits from non-banks – i.e. Big Tech in repayment for censorship. On December 23, 2019, the Board approved modifications to the Federal Reserve Banks’ National Settlement Service and Fedwire Funds Service to support enhancements to the same-day ACH service preparing for digital currencies. On September 25, 2020, the Board amended the implementation date for certain modifications. They are preparing for a digital currency, but this means two things.

By this Fed expansion, they are planning for the long-term for the elimination of public debt, in which case there will no longer be primary dealer banks, and hence no need to bail out the banks when they blow up on trading, assuming they will still be allowed to trade in the future.

Once the Fed moves to create its own digital currency, it is no longer the independent entity it was once supposed to be. Welcome to the new 21st century of a hybrid central bank, end of primary dealers, and the elimination of government debt. All for your security, so you do not revolt when the government system collapses.

Sep 17 2021

Slovenia Protests over COVID Passports which are Clearly to Just Control People


Armstrong Economics Blog/Tyranny Re-Posted Sep 16, 2021 by Martin Armstrong

Slovenia: The police used tear gas and cannons to break up a mass demonstration against the vaccination certificate in front of the parliament in Ljubljana. The vaccination certificate has become compulsory in almost all places of daily life, including shopping centers and petrol stations. You cannot buy gas without a COVID Pass. Our sources say that the EU is intending to follow with this directive. They are trying to completely convert Europe into a new Communist State.

This is the total agenda and they are also trying to figure out how to bring this to North America.