Honest journalism has become a crime. I have appeared numerous times on Maria Zaric’s program, Zeee Media. Maria is a professional journalist who asks thought-provoking questions to the experts that appear on her show. Her content goes against the grain and traditional narrative. The Australian-based journalist has been questioning COVID, the Great Reset, governments, globalists, the war in Ukraine, and many other topics that are completely taboo in the mainstream media. They attempted to shut down her channel in the past. Now, she has been de-banked with no explanation.
“Do you shut down peoples accounts due to their political views by any chance?” Maria asked the bank representative, only to be met with silence. Maria had been banking with ING Bank for numerous years without issues. Her account was suddenly shut down shortly after releasing a story on domestic terrorism in Australia. ING Bank has been unable to explain why her account was canceled.
Interestingly, ING is a partner of the World Economic Forum. Maria has extensively covered the WEF’s agenda to “enslave humanity.” Is Australia secretly keeping track of journalists’ “social credit scores” to silence skepticism?
The idea of eliminating someone’s ability to bank is essentially eliminating them from society. We saw Canadado the same thing to those protesting the Trucker Convoy. Trudeau took things a step further by also de-banking people who simply donated to the cause. The Canadian government used the premise of money laundering as a way to coerce the banks into reporting any activity that could have been intended to help the protestors. I know of numerous people who were frantically attempting to remove their funds from the bank during this time.
As if the public needed more reasons to lose trust in the banking system. This is not limited to one bank or country. I discussed how banks have the ability to “cancel” someone after JPMorgan Chase de-banked the rapper Kanye West for antisemitic remarks. The bank acts as the jury and judge. Epstein was permitted to hold funds at JPMorgan Chase despite an ongoing pedophile ring trial. Bernie Madoff banked with JPMorgan Chase. The bank has secret ties to the Third Reich and helped the group funnel money through South America during World War II. Again, the bank acts as the jury and judge; anyone can be de-banked anytime for any reason.
Most countries may not openly have social credit scores, but they’re keeping tabs on us. They are keenly aware that resistance to this New World Order is building. So they are now using professional journalists as examples hoping that people will stop asking questions to learn the truth. That is one of the reasons why this blog is free of charge – you deserve to know the truth.
COMMENT: Marty, it’s refreshing to have Socrates that is totally unbiased. It projected continued rising rates into next year and the Fed just proved its point. It is not backing down.
Thank you. Socrates is very enlightening.
GS
ANSWER: I know there were a lot of talks that surely the Fed had to lower rates and start QE all over again. Most of those sorts of comments have no real experience in markets. They just mouth a lot of hot air. Perhaps instead of putting masks on cows, we should do that on the shills. The Federal Reserve had no choice but to raise interest rates although it was just by a quarter point. Not to do so and the Fed would lose all credibility and the market would then not take them seriously.
You MUST understand that this crisis has unfolded because too many banks were wrapped up in WOKE culture and hired people who were UNQUALIFIED to run risk management. Some were more excited about cross-dressing as a woman and winning the Rainbow award in banking than actually protecting the bank from the risk of rising interest rates.
In a statement released at the conclusion of the meeting, Fed officials acknowledged that recent financial market turmoil is weighing on inflation and the economy, though they expressed confidence in the overall system. “The US banking system is sound and resilient.” They had no choice but to make this statement.
“Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring and inflation. The extent of these effects is uncertain.”
The Fed is saying that their rise in rates will in fact reduce inflation and economic activity. The banks have this yield curve risk and that is different from the 2007-2009 crisis where the debt was based on fraud. Here, the debt is US Treasuries so they are not going bankrupt from that aspect, but it is a liquidity crisis.
If these people who scream loudly but know nothing really about finance keep up the nonsense, they will only add to the uncertainly. This inflation is accelerating thanks to the war.
In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe. There have been all sorts of studies on fundamentals that say if interest rates go up, stocks go down. It is simply not true. The stock market has never peaked with interest rates twice in history. If you think you are going to make 25% in the market, you’ll pay 10% interest; but if you really think the market is only going to go up 10%, you won’t pay 10%. So, it’s always the difference between what you believe and reality.”
The people have lost all confidence in government. We have heard rumors of a “soft landing” from the Fed for the past year, but the situation continues to worsen. Washington maintains that everything is stable as banks continue to fail and inflation rages on. There can be no price stability when war is at play. Biden just released his latest budget plan that no reasonable person would condone. I explained in 2014 that great empires all come crashing down after piling on massive debt. People believe hyperinflation would cause such a scenario, but debt is the major player. Once the government accumulates enormous debt, it targets its citizens aggressively. That is what we are seeing today.
So where should you put your money? I said in 2014: “One of the number one questions I get all the time is where do I put my money? If the banks can just take whatever they want now, there will be bail-ins rather than bail-outs. People are afraid. What do you do with the cash? So, people are buying things like real estate and stocks, just trying to get money out of the banking system.” That sentiment is continuing and the latest CPI report even showed that shelter costs are rising at the highest rate since June 1982. Smart money has been trying to escape the banks for years. There was no incentive until very recently to park money in the banks due to artificially low rates.
I also explained that the Fed would only bail out deposits and had been asking institutions to change their models. “Everybody knows I advise some of the big institutions around, and I can tell you that they have told me directly that the Fed went to them and told them they will not be bailed out for proprietary trading. It will be only on deposits. That’s it,” I stated. “The Fed has been going around telling them, ‘hey, you better change your models.’ They don’t think it will be a flight to quality as it was before. You buy the long term (Treasuries) and that saves you. They don’t think that’s going to happen. It’s quite interesting. . . . It looks like the long term (Treasury bonds) is going to end up starting to rise.”
Sound familiar to the current situation? People have moved from the public sector into the private sector. We are well into a private wave, and the public will not go back to the public sector for many years to come.
The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% of exports from Russia at the beginning of 2022, but this figure fell to 48% by the start of the new year. The Bank of Russia has reported that the proportion of USD/ruble pair in exchange fell to only 36% in February. The central bank is calling this a “broad structural transformation of the Russian economy.”
As “unfriendly countries” and their “toxic currencies” band together, those on the outskirts are winning. China has become the new go-to country for new trade partnerships as it bypasses Western-imposed sanctions. Toxic currencies represented 46% of imports in December 2022 but were at 65% in January 2022 before the war. In contrast, the yuan’s share rose from 4% to 23% during that time.
Those who were previously shunned from the big table are now pulling up a chair to discuss economic prospects with China. This will make it much easier to phase out toxic currencies because more people are willing to accept the yuan. The confidence in the yuan is growing. Everything occurring may seem odd, but it is precisely on target. As I mentioned in my report“China on the Rise,” China will dethrone the United States to become the world’s leading economic powerhouse by 2032. It’s just time.
The Biden Administration is responding to the panic phone calls that their Marxist philosophy will bring down the entire financial system. My ear is red as can be. I have had enough of the phone calls today to last the balance of the month. Trying just to do the right thing! Three banks have effectively gone down in the week of March 6th, which our computer was targeting. There have been Silicon Vally Bank, Signature Bank, and Silvergat Bank.
The Regulators perhaps saw the handwriting on the wall. This NO BAILOUT claiming that no taxpayer money will be used for a bailout of their hated rich, how about just using the taxpayer’s money you are throwing down the train in Ukraine? Depositors in Signature and SVB they are now saying would be made whole. If they do not cover ALL deposits, the monumental banking failure will be catastrophic.
Our forecast for a Banking Crisis is by NO MEANS confined to the United States. It will be far worse in Europe. We can see our computer not only targeted 2023 for a key turning point with a Directional Change but a Panic Cycle next year in bank stocks, but interest rates will be rising higher as also the risk of banks and governments escalated especially when they insist on waging war against Russia.
The yield curve is critical and we must understand that this insane war against Russia, even economically, will be a major financial disaster not much different from Vietnam which brought down Bretton Woods and forced Nixon to close the gold window on August 15th, 1971. It was that unrestrained spending directed by the Neocons. Then too, it was all about Russia they assumed was behind Vietnam.
Once more, the reckless spending on war promoted by the Neocons is undermining the entire economy. They have lost every war they have promoted – Vietnam, Afghanistan, Iraq, proposed Syria, Libya regime change, and now Ukraine. These people are never held accountable for all the devastation and the lives lost.
War is the primary driver of inflation and the central banks will not even address it for they do not want to “criticize” the Neocons. They might wake up with their dog’s head in the bed as in the Godfather. The central banks will NOT be able to contain this inflation or ever reach their 2% target regardless if the economy turns down just as what happened during Vietnam.
This is a warning to all small banks. Understand the REAL trend or you will NOT survive. Major capital is fleeing the long-term and rising into the short-term because they see rates are rising and any long-term bond investment during a period of war is going to be a major losing trade. Do not get trapped by the yield curve and understand that this trend is in play into 2025.
This Banking Crisis has been caused by Governments who artificially kept interest rates too low since 2008 and in the process, this banking crisis is unfolding because too many banks are UNSOPHISTICATED in forecasting and have been listening to the talking heads on TV and the desperate hope that inflation will decline while ignoring Ukraine entirely. Get that wrong – and you will NOT survive.
I strongly urge small banks to take our business services for access to real forecasting that is not biased or tarnished by human opinion with the two most dangerous words in forecasting:
COMMENT #1: Marty; Thank you so much for your warning at the WEC that we would now face a banking crisis with rising rates into 2024. You are always so far ahead of the pack. Live forever – please!
KQ
REPLY #1: Thank you, but that would sentence me to perpetual taxation indefinitely. No thanks.
COMMENT #2: Hello. I read your FREE blog because I am poor. Would you please stop posting PRIVATE stuff and post stuff that us peons can read?
Thank you kindly.
Ms. Terri
REPLY #2: My concern is since we forecast this last year, they will only blame me. That blog is only $15 a month, but it is blocked by Google so it is more free speech if you get my drift. I simple MUST be guarded in what I say publicly because they simply always view me as having too much influence.
I will offer this recommendation (publicly) for my ear is turning red from all the phone calls. As for the Biden Administration, if they DO NOT heed my warning, our forecast will be devastating. The Biden Administration MUST stand behind ALL deposits – not the $250,000 FDIC limit. If they do not, small businesses will pul; excess cash from banks, switch to 30-day T-Bills at a brokerage house, and say screw the FDIC and the Biden Administration’s anti-rich (small business which employs 70% of the workforce).
The compromise here is that we need a shotgun wedding where a larger bank takes over SVB at the raw price of the deposits. The shareholder loses, but ALL depositors are covered. Any value of the shares should be attributed to tangible assets only, not goodwill. You will penalize your “hated rich” and even the small businesses will be saved. If not, you will wipe out numerous businesses that cannot even pay employees. That will set off a contagion as you try to uphold your hatred of the “rich” while you pour money into the most corrupt government in the world at the real expense of taxpayers.
Of course, SVB can simply declare they “identify” as a Ukrainian Bank and then everything would be covered right down to the pensions of the CEO.
Posted originally on the CTH on March 12, 2023 | Sundance
During an interview with Margaret Brennan today, Congressman Michael McCaul -another GOPe weasel – said he stands with Vice President Mike Pence in saying “they avoided a constitutional crisis” on January 6, 2021, when Congress declared an emergency session and refused to entertain any challenges to the 2020 election certification. WATCH:
[Transcript] – MARGARET BRENNAN: We turn now to the chairman of the House Foreign Affairs Committee, Texas Republican Congressman Michael McCaul.
Good morning to you, Chairman McCaul.
REPRESENTATIVE MICHAEL MCCAUL (R-Texas): Good Morning, Margaret.
MARGARET BRENNAN: I have got a lot to get to with you today.
But I want to start where I just left off with those very strong remarks from Mike Pence last night. Do you want to associate yourself with what he said?
REPRESENTATIVE MICHAEL MCCAUL: Let me just say Vice President Pence exercised moral clarity and judgment that day by doing his constitutional responsibility, authenticating the votes and counting them.
He avoided a major constitutional crisis that day. As you know, I voted for certification. That is our constitutional role not to overturn state- certified ballots. So, I agree. I mean, look, it was a dark — dark day. And I think people will be — history will judge everyone by what they did that day.
MARGARET BRENNAN: Mm-hmm.
It was a pretty strong condemnation of Donald Trump, who he hasn’t directly taken on like that before. But it’s also back in the news very much, Chairman, because it was the speaker of the House who gave those 41,000 hours of surveillance video access to FOX News, which then has used a recasting of the events, trying to sanitize it, trying to whitewash history.
Do you think it was a mistake for Republican leadership to strike this deal with Tucker Carlson? That is who Mike Pence was talking about.
REPRESENTATIVE MICHAEL MCCAUL: Well, I know Kevin McCarthy has turned all the videotape over to FOX News.
He has given me assurance he’s going to turn it over to the entire media. I think — I believe in the fourth estate, freedom of press, and I think the American people deserve to see all the footage from that day, and all the footage is not going to be tourism at the Capitol. It’s going to show a very dark, tragic day that I witnessed firsthand that included our Capitol Police being assaulted, 140 of them injured, two pipe bombs, one — one Capitol police officer killed, and a protester killed.
That’s not — that’s not a good day. And I think it should have been prevented had we had good intelligence that day beforehand. And, look, I support law enforcement. Like this D.C. crime bill we were passing, I support law enforcement everywhere, especially at the United States Capitol.
MARGARET BRENNAN: I want to ask you on the other side of an upcoming commercial break about the hearing you just held on Afghanistan.
But, before I do that, I want to quickly ask you about what we’ve been talking about, with the Treasury Secretary saying no government bailout for this Silicon Valley Bank, but they are trying to take some action.
She didn’t give a lot of detail there. I know Austin is a start-up hub in your home state of Texas. How concerned are you about spillover here?
REPRESENTATIVE REPRESENTATIVE MICHAEL MCCAUL: Yes, we do have South by Southwest this weekend, a lot of tech.
Yes, I am concerned, I hope it’s more of an isolated event, because the assets were very — it was all just technology sector and it wasn’t diversified, also, as the secretary mentioned these low interest bonds. And I think part of the problem, Margaret, is, in this inflationary time, the Reserve, Federal Reserve, now is raising interest rates, and that, I think, is part of the problem as well.
We want to make sure this is — this is an isolated event, and not a systemic event that could impact things like in 2008…
MARGARET BRENNAN: Yes.
REPRESENTATIVE MICHAEL MCCAUL: … when we did bailout the financial sector.
MARGARET BRENNAN: All right, I have got to take that break now.
And we’ll come back and continue our conversation in a moment.
(ANNOUNCEMENTS)
MARGARET BRENNAN: If you can’t watch Face the Nation live, you can set your DVR. We’re also available through our CBS and Paramount+ apps.
And we’re replayed on our CBS News Streaming Network.
(ANNOUNCEMENTS)
MARGARET BRENNAN: We will be right back with a lot more Face the Nation.
(ANNOUNCEMENTS)
MARGARET BRENNAN: Welcome back to FACE THE NATION.
We want to return now to our conversation with House Foreign Affairs Chairman Michael McCaul.
Now, Chairman, I mentioned that you held this hearing on Afghanistan this past week, and it was pretty emotional.
REP. MICHAEL MCCAUL (R-TX): Yes.
MARGARET BRENNAN: You’re really examining the chaotic withdrawal from that country. And you had a Marines Corps sergeant, injured in the suicide bombing, who testified that he was an eyewitness and he actually saw the suicide bomber before the attack. He testified he has never been interviewed as part of the U.S. investigation.
How was this overlooked?
REPRESENTATIVE MICHAEL MCCAUL: I think it’s very — well, first of all, very powerful testimony. Very emotional. But very devastating and damaging to the administration. These – these snipers and troops were put at HKIA, surrounded by the Taliban.
MARGARET BRENNAN: The airport in Kabul.
REPRESENTATIVE MICHAEL MCCAUL: They put the Taliban in — in Kabul. That’s the HKIA airport. And surrounded by the Taliban who were put in charge. And that was the first mistake in the chaos that we heard that happened that day and the State Department virtually non-existent.
I think the most dramatic thing, Margaret, was the fact that this sniper had the suicide bomber in his sights and an intelligence bulletin went out, you know, describing him. He said, this is — this meets the description, meets with the team, PSYOPS, psychological operations get together, they run this up the chain of command and the commanding officer says, I don’t have the authority. And then they said, who does have the authority for permission to engage, and the commanding officer says, I don’t know, and he never got back to them.
The point is, they could have taken out this threat. But then, when the suicide bomber went off, not only did Marine Sergeant Vargas Andrews have his leg blown off and his arm, but we had 140 Afghans killed, 13 service men and women killed.
I talked to the mother of one of the Marine sergeants.
MARGARET BRENNAN: Yes.
REPRESENTATIVE MICHAEL MCCAUL: I gave her just a hug. She was so devastated. In addition to 50 injured, including Marine Sergeant Vargas Andrews.
MARGARET BRENNAN: Yes.
REPRESENTATIVE MICHAEL MCCAUL: And it could have been avoided.
MARGARET BRENNAN: Well, to the point of how it could be avoided. You know, you – you hear it, there were intelligence failures. Events just got ahead of planning.
The State Department argues that they’ve briefed Congress more than 150 times since the withdrawal. What information do you need that you don’t have yet?
REPRESENTATIVE MICHAEL MCCAUL: Well, I think the compelling testimony we got from the sniper. We’ve never heard this before. In fact, Margaret, this is the first open hearing we’ve had on Afghanistan since the fall of Afghanistan. And I intend to move forward with this investigation. And I what to know what the commanding officer was thinking when he denied permission to take out the threat and how — what levels did it go to within the United States government? I think those are all very important questions.
And the State Department has not been compliant with our document requests. I met with the secretary. We had a very cordial conversation. Cooperation is always key. But they’re not cooperating. If he fails to cooperate with my document production request by, you know, the time he testifies on March 23rd, I am prepared to issue a subpoena.
MARGARET BRENNAN: And issue — issue a subpoena for Antony Blinken to come testify before your committee. What exactly do you think he’s withholding? What’s the documents?
REPRESENTATIVE MICHAEL MCCAUL: No, he is – he — he will be testifying, but we have an outstanding document production request that the lawyers are very combative. I think the secretary, in good faith, has told me he wants to cooperate with this investigation, be transparent to the American people, but we’re not seeing that with the lawyers handling this on the ground. So, we need these documents because a lot of this stuff, to your point, Margaret, has never been brought out to the public.
MARGARET BRENNAN: Yes. This is the dissent cable specifically that you are requesting, that is people within the State Department disagreeing with the policy that was the administration’s planning?
REPRESENTATIVE MICHAEL MCCAUL: It’s a dissent cable. The extraordinary measure to have 23 members of the State Department at the embassy dissenting with the policy.
MARGARET BRENNAN: Yes.
REPRESENTATIVE MICHAEL MCCAUL: The after action report from the ambassador. But also the plan of evacuation. Just a simple plan of evacuation. What was your plan? They have failed to deliver that to Congress. Those are three key, you know, areas that we want to see compliance with.
MARGARET BRENNAN: Yes.
All right, Congressman, we will be watching that. I know there are a number of other issues we’ll talk to you about sometime soon, including China, but I’ve got to leave it there for today. [Transcript End]
Posted originally on the CTH on March 12, 2023 | Sundance
Speaking at the Gridiron Dinner in Washington DC yesterday, former Vice President Mike Pence directly blamed President Trump for the events in Washington DC on January 6, 2021, saying:
“President Trump was wrong; I had no right to overturn the election. And his reckless words endangered my family and everyone at the Capitol that day, and I know history will hold Donald Trump accountable.” ~ Mike Pence
Be of good cheer. Despite the main takeaway being pushed by mainstream media, these remarks strike me as good news.
These remarks indicate to me that the professional Republican control officers are growing increasingly desperate as President Trump continues to command the new Republican Party. If Ron DeSantis was making ground, the professional Republican class would not be as desperate as these remarks convey. All of their collective GOPe effort isn’t working…. they are starting to reach for the kitchen sink.
WASHINGTON (AP) — Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6 riot at the U.S. Capitol, widening the rift between the two men as they prepare to battle over the Republican nomination in next year’s election.
“President Trump was wrong,” Pence said during remarks at the annual white-tie Gridiron Dinner attended by politicians and journalists. “I had no right to overturn the election. And his reckless words endangered my family and everyone at the Capitol that day, and I know history will hold Donald Trump accountable.”
Pence’s remarks were the sharpest condemnation yet from the once-loyal lieutenant who has often shied away from confronting his former boss. Trump has already declared his candidacy. Pence has not, but he’s been laying the groundwork to run.
[…] With his remarks, Pence solidified his place in a broader debate within the Republican Party over how to view the attack. House Speaker Kevin McCarthy, for example, recently provided Tucker Carlson with an archive of security camera footage from Jan. 6, which the Fox News host has used to downplay the day’s events and promote conspiracy theories.
“Make no mistake about it, what happened that day was a disgrace,” Pence said in his Gridiron Dinner remarks. “And it mocks decency to portray it any other way.” (read more)
Posted originally on the CTH on March 11, 2023 | Sundance
South Dakota Governor Krisi Noem appeared on Tucker Carlson’s television broadcast last night to send a warning to fellow governors. According to the background story, the South Dakota legislature passed a bill redefining currency and creating rules for a Central Bank Digital Currency (CBDC) that would block all other digital currencies from being used in the state. Governor Noem vetoed the bill.
When asked why her legislature would do this, Noem responded the state politicians likely did not read the bill as it was constructed by lobbyists. Noem is exactly correct and hits on a subject we have discussed here frequently {GO DEEP}. However, one of the more alarming aspects to Noem’s discussion of the issue is that around 20 other states are considering similar legislation. WATCH:
QUESTION: Thank you for the interesting update on Crude & Natural Gas previously. Since Feb was a Directional Change and March is a turning point, then the cycle inversion for a March high rather than a low looks still choppy with no breakout. Since electric car demand has peaked, the Fed seems determined to get inflation down to 2% if it kills the world economy. Then the decline in supply is not having the expected rise in prices as one would expect. Can you explain this paradox?
Thank you
JV
ANSWER: Yes the Directional Change in Crude for February warned that we would bounce rather than decline. There was a slight possibility of an early low in March and a swing up perhaps on geopolitical news. But that has not played out.
It appears that Ukraine is losing so there may be a bigger question of how the United States handles yet another loss – Vietnam, Afghanistan, and Iraq where removing Saddam led to religious wars. Note that the Fed began raising rates as soon as Russia invaded to protect the Donbas. Despite claiming it was for inflation, the Fed knows too well that inflation rises with war. They acted when Russia made its move understanding that this proxy war would accelerate inflation.
Crude took the nose-dive when Biden seized power as the general public believed he would end fossil fuels since that was what he said during his campaign. However, it soon became apparent that he was putting the cart before the horse and the shortages he set in motion led to to sharp price increases but this was part of the entire lockdown nonsense. The lockdowns led to a robust bounce in prices with the shortages only because everyone was artificially held in home imprisonment.
Post March 2022, we have the Fed raising interest rates, and the economy taking a real nose dive in the Democratic state with the most stringent COVID restrictions, so this time we have shortages with declining economic activity. The COVID lockdowns have substantially altered the economy and many are working virtually from home. Vacancies in office space in NYC have exceeded 15% and rising. Many stores are still boarded up.
The Paradox is that previously we were all in prison. So we rushed out and tried to do everything we were not allowed to do before. Post-March 2022, now we have a declining economic situation so we have declining demand combined with declining supply. At this point, the 2020 low should hold and we should be entering a bull market into 2033. However, I would expect the trend will become more robust with war where we also have a Panic Cycle in 2025.
The timing targets never change. What is produced be it a high or low is always subject to interpretation ahead of events. Still, the timing is fixed.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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