Kash Patel previously worked as Devin Nunes’ senior staffer on the House Intelligence Committee (HPSCI). It was Patel who was the lead author of the Nunes memo exposing corrupt conduct of the FBI and DOJ officials during Crossfire Hurricane.
Patel joined the National Security Council’s International Organizations and Alliances directorate last February and was promoted to the senior counterterrorism role at the NSC mid-summer 2019. According to recent reporting Patel is now joining Acting Director of National Intelligence Richard Grenell as a Senior Advisor and Catherine Herridge is reporting the objective is to ‘clean house‘.
QUESTION: How can interest rates can rise when central banks are the only market maker, & pension funds FORCED to buy gov.debt by their statutes?
but why is the REPO crisis starting in the US where rates are WAY higher than in japan & Europe?
you would expect this crisis to start somewhere in European debt markets/ instruments…why isn’t all the capital that is fleeing to the US not financing REPOs?
thank you
CB
ANSWER: This is laid out in the Repo Crisis Report (an update goes out this week). Central Banks do not control long-term rates. They set the short-term rate such as Fed Funds and Discount Rate. That is what Quantitative Easing was all about. The central banks began to BUY the long-term debt in hopes of “influencing” the long-term rates by reducing the supply of government long-term debt and in theory then the free market would have been willing to buy private long-term debt such as mortgages. That failed because banks had no confidence in the real estate market and were loaded to the gills with real estate debt which people were defaulting on.
The Repo Crisis has begun in the states BECAUSE this is the only viable free market to speak of. Both Japan and Europe have destroyed the bond markets. The Repo Crisis is the manifestation of our forecast that we would enter a liquidity crisis by September 2019. We listed that as one of the major points to take homes from the May World Economic Conference in Rome.
The Repo Crisis is a liquidity crisis because of the collapse in confidence. Banks are unwilling to lend to each other because they are deeply concerned about a crisis in the international banking sector. The Fed was lowering short-term rates into August 2019 because the yield curve inverted on the 10yr-2yr during the 3rd quarter of 2019. Then the Repo Crisis hit on September 17th. That forced the Fed to stop its intended policy to lower rates for the Free Market dictated otherwise.
The image that central banks are in control is an illusion. They too are subject to the Free Market. They are not in control of interest rates as they like to make everyone believe. If that were true, then there would have been no Repo Crisis to start with.
Earlier today President Trump and First Lady Melania Trump welcomed the President of the Republic of Ecuador and Mrs. Rocio Gonzales De Moreno to the White House.
Ecuador is a key country for stability in central America. A key topic of discussion between the two leaders will be Venezuela. Ecuador is suffering firsthand the effects of Nicolas Maduro and his dictatorship in Venezuela with waves of economic migrants from Venezuela arriving through Colombia to Ecuador. The refugee crisis represents a fiscal strain and also a security threat. There are 400,000 Venezuela refugees in Ecuador.
Counter-narcotics and a trade agreement are also a priority for this meeting. The United States and Ecuador are very close to a free trade agreement. USTR Robert Lighthizer has held a successful round-one negotiation for trade and investment with the Ecuadorian Commerce Ministry; and a second round is likely very soon.
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Ecuador and the United States are working toward an energy and infrastructure framework agreement under America Crece. Brazil is likely to join in March and they will join Panama, Chile, Argentina, Jamaica, Colombia, El Salvador, and hopefully Ecuador.
Last week, after the Senate impeachment trial outcome became likely, we surmised that Joe Biden’s candidacy would plummet fast. The reason was simple, Biden was only propped up to create the Trump opponent narrative. There really was no underlying support for the DNC/Media creation; it was all a useful ruse.
Today, displaying the Mamet Principle on almost every broadcast show, the TV pundits play the game of pretending to wonder what happened to Joe Biden. WATCH:
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The fictitious Biden candidacy no longer serves a purpose. These snippets below are quite funny now.
From the DNC Club’s perspective there were three strategic needs surrounding the Iowa caucuses: (1) Hide the collapse of Joe Biden; (2) Diminish the win by Bernie Sanders; and (3) cover-up a less than enthusiastic voter turnout. Given the nature of very public primary races, this three-pronged challenge seemed almost impossible.
Almost.
If everything just seemed to collapse, go wrong, and become a mess; and if the end of the night outcomes could be delayed and undetermined; well, in that scenario the objective would be considered ‘mission accomplished‘ on all three points.
That exact scenario just coincidentally happened.
Despite the media proclaiming Biden was leading the field for the past six months during the impeachment narrative, Joe Biden likely came in fourth or fifth. He may not have gained any delegates in Iowa. No-one will pay attention to that now… and few will question how the “media polling” could have gotten it so wrong. [Tip: they lie]
Simultaneously, Bernie Sanders didn’t stand on stage, declare victory, and receive the praise earned in 2020 that was robbed from him in 2016. No results means no grand victory and momentum. Oh, it’ll probably be declared sometime today that Bernie Sanders won, but, meh, doesn’t deliver the same electoral value. [DNC Club smiling here]
Stuff happening fast now… This is all a response to surging Bernie and a failed coup.
Chris Heinz and Hunter Biden were friends in business together, each cashing-in on the influence held by their fathers’ John Kerry and Joe Biden. Considering the likelihood Joe Biden was only running for President in order to: (1) shield himself from scrutiny, and (2) establish the cornerstone of the impeachment effort; it makes complete sense for John Kerry to be the participating campaign handler.
With Biden’s impeachment usefulness now exhausted by DC engineers, there’s no reason to prop-up his candidacy. He’s dropping like a proverbial rock. However the risk to Biden and Kerry still exists (see Lindsey Graham interview today), thus Kerry is anxious. The schemes are running head-first into the reality of the primary election:
DES MOINES, Iowa — Former Secretary of State John Kerry — one of Joe Biden’s highest-profile endorsers — was overheard Sunday on the phone at a Des Moines hotel explaining what he would have to do to enter the presidential race amid “the possibility of Bernie Sanders taking down the Democratic Party — down whole.”
Sitting in the lobby restaurant of the Renaissance Savery hotel, Kerry was overheard by an NBC News analyst saying “maybe I’m f—ing deluding myself here” and explaining that in order to run, he’d have to step down from the board of Bank of America and give up his ability to make paid speeches. Kerry said donors like venture capitalist Doug Hickey would have to “raise a couple of million,” adding that such donors “now have the reality of Bernie.” (read more)
There will be 24 hours of presentation by House Impeachment Managers (over 3 days); 24 hours of presentation by Defense team (over 3 days); 16 hours of Senate questioning; 4 hours of closing arguments, equally divided; and then a Senate debate/vote on further motions to include witnesses. If there are going to be witnesses, they will first be deposed prior to testimony. No witness testimony will be permitted without first being deposed.
The Senate Trial continues today on day seven at 1:00pm ET. Today is the third and final day of the Trump defense presentation. The next phase is two days of Senate questioning.
President Trump personal lawyer Rudy Giuliani appears on Fox and Friends to discuss the scale and scope of corruption he has identified within the story of how Joe Biden and Hunter Biden laundered money from Ukraine for their own financial interests.
Giuliani highlights a January 2016 meeting in the White House between Eric Ciaramella (2020 CIA Whistle-blower) while on the National Security Council, and several members from the former Ukraine government, where the Obama administration and Ukraine officials entered into an agreement to frame dirt against Donald Trump and his campaign.
The key to understanding the corrupt endeavor behind the fraudulent “whistle-blower” complaint, doesn’t actually originate with ICIG Atkinson. The key person is the former head of the DOJ National Security Division, Mary McCord.
Prior to becoming IC Inspector General, Michael Atkinson was the Acting Deputy Assistant Attorney General and Senior Counsel to the Assistant Attorney General of the National Security Division, Mary McCord.
It is very safe to say Mary McCord and Michael Atkinson have a working relationship from their time together in 2016 and 2017 at the DOJ-NSD. Atkinson was Mary McCord’s senior legal counsel; essentially her lawyer.
McCord was the senior intelligence officer who accompanied Sally Yates to the White House in 2017 to confront then White House Counsel Don McGahn about the issues with Michael Flynn and the drummed up controversy over the Russian Ambassador Sergey Kislyak phone call.
Additionally, Mary McCord, Sally Yates and Michael Atkinson worked together to promote the narrative around the incoming Trump administration “Logan Act” violations. This silly claim (undermining Obama policy during the transition) was the heavily promoted, albeit manufactured, reason why Yates and McCord were presumably concerned about Flynn’s contact with Russian Ambassador Sergey Kislyak. It was nonsense.
However, McCord didn’t just disappear in 2017 when she retired from the DOJ-NSD. She resurfaced as part of the Lawfare group assembly after the mid-term election in 2018.
THIS IS THE KEY.
Mary McCord joined the House effort to impeach President Trump; as noted in this article from Politico:
“I think people do see that this is a critical time in our history,” said Mary McCord, a former DOJ official who helped oversee the FBI’s probe into Russian interference in the 2016 presidential election and now is listed as a top outside counsel for the House in key legal fights tied to impeachment. “We see the breakdown of the whole rule of law. We see the breakdown in adherence to the Constitution and also constitutional values.”
“That’s why you’re seeing lawyers come out and being very willing to put in extraordinary amounts of time and effort to litigate these cases,” she added. (link)
Former DOJ-NSD Head Mary McCord is currently working for the House Committee (Adam Schiff) who created the impeachment scheme.
Now it becomes critical to overlay that detail with how the “whistle-blower” complain was organized. Mary McCord’s former NSD attorney, Michael Atkinson, is the intelligence community inspector general who brings forth the complaint.
The “whistle-blower” had prior contact with the staff of the committee. This is admitted. So essentially the “whistle-blower” almost certainly had contact with Mary McCord; and then ICIG Michael Atkinson modified the whistle-blower rules to facilitate the outcome.
There is the origination. That’s where the fraud starts.
The coordination between Mary McCord, the Whistle-blower and Michael Atkinson is why HPSCI Chairman Adam Schiff will not release the transcript from Atkinson’s testimony.
It now looks like the Lawfare network constructed the ‘whistle-blower’ complaint aka a Schiff Dossier, and handed it to allied CIA operative Eric Ciaramella to file as a formal IC complaint. This process is almost identical to the Fusion-GPS/Lawfare network handing the Steele Dossier to the FBI to use as the evidence for the 2016/2017 Russia conspiracy.
Atkinson’s conflict-of-self-interest, and/or possible blackmail upon him by deep state actors who most certainly know his compromise, likely influenced his approach to this whistleblower complaint. That would explain why the Dept. of Justice Office of Legal Counsel so strongly rebuked Atkinson’s interpretation of his responsibility with the complaint.
In the Justice Department’s OLC opinion, they point out that Atkinson’s internal justification for accepting the whistleblower complaint was poor legal judgement. [See Here] I would say Atkinson’s decision is directly related to his own risk exposure:
Michael Atkinson was moved from DOJ-NSD to become the Intelligence Community Inspector General (ICIG) in 2018. What we end up with is a brutally obvious, convoluted, network of corrupt officials; each carrying an independent reason to cover their institutional asses… each individual interest forms a collective fraudulent scheme inside the machinery of government.
Michael Atkinson and Mary McCord worked together in 2016/2017 on the stop-Trump surveillance operation (FISA application via DOJ-NSD). Then, following the 2018 mid-term election, in 2019 Mary McCord and Michael Atkinson team up again on another stop-Trump operation, each in a different position, and -working with others- coordinate the House impeachment plan via the ‘whistle-blower’ complaint.
While Devin Nunes is focused on the false statements of ICIG Michael Atkinson, the key is the contact between the ‘whistle-blower’ (Eric Ciaramella) and the House Intelligence Committee via Mary McCord.
There’s a very strong likelihood this entire impeachment construct was manufactured out of nothing to serve dual purposes: (1) Remove President Trump, and (2) protect the crew who were using Ukraine as a proxy political venue and source of financial gain.
National Security Council resistance member Alexander Vindman starts a rumor about the Trump-Zelenskyy phone call, which he shares with CIA operative Eric Ciaramella (a John Brennan resistance associate). Ciaramella then makes contact with resistance ally Mary McCord in her role within the House Intelligence Committee. Mrs. McCord then helps Ciaramella create a fraudulent whistle-blower complaint and submit via her former colleague, now Intelligence Community Inspector General, Michael Atkinson….
…And that’s how this entire Impeachment operation gets started.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Kash Patel previously worked as Devin Nunes’ senior staffer on the House Intelligence Committee (HPSCI). It was Patel who was the lead author of the Nunes memo exposing corrupt conduct of the FBI and DOJ officials during Crossfire Hurricane.
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