Answering a Familiar Question with a Current Example


Posted originally on CTH on May 18, 2025 | Sundance 

I often hear or receive this question in various iterations.  When discussing the research outlines of current events, especially when we cite the historic background of what took place leading to those events – and how it created the outcome we now witness, we often get this question – or a version therein:

…”Have you tried to meet with DNI or DOJ or NSC people to attempt to ”unsilo” their thinking and understanding of all that transpired so they can connect all the dots. You have said that different people you’ve spoken to know pieces and parts, but the silos prevent anyone from knowing the whole. Can you not be the link? I love that we know but we can’t affect change. We/I only become more frustrated as our new leaders bumble along talking and focusing on seemingly trivial things compared to the Treason that has been on display since 2008.”….

My friends, part of the reason the corrupt DC system is so transparently predictable, is precisely because everyone engaged in the events has a vested interest to retain the corruption.  When you peel down the onion, when you get through the smoke to the fire, when you go deep into the rabbit hole and finally reach the dead end, you discover the root of everything that permeates everything is money. It is not ideology – it’s money.

From my myriads of travels and interactions with the system operators, I can boil down the answer to a few key points:

♦First, to the point of those we count on to stop the corruption, these are not smart people.  You project infinitely more intelligence upon them than they actually possess.  The high-information voter and researcher has much more knowledge than they do.  We fail and become frustrated when we mistakenly believe they carry an awareness that is factually not present.  You know more than your representative, and you know the context of that information at a much, much higher level than they do.  They ARE NOT smarter than you; where “they” applies to every-single-one of the names you might reference.  You are smarter than them.

♦Secondcorruption is a business; whether in the initiation of it, or in the maintenance of it. Quoting myself in discussion of the situation: “My honest and respectfully intended question to you would be: What is it that makes our representatives always want to “talk about the information” rather than act upon the information, when the information is there for the taking?

Perhaps, by training, by habit, or by unintended consequence our representative form of government, our American system of politics, has developed to live for the process itself as an end result. Is it logical to believe that removing corrupt activity is a discussion; the conversation is the point; the smoke is the fire?

The business of Washington DC has evolved into reveling in the process and, as a consequence, it completely ignores the end point, misses the bottom line, doesn’t actually SEE the subject matter and never actually applies action to what might be discovered. In fact, I’m led to believe that sometimes those within system avoid the corruption deliberately, because if they get their heads around it and nail it home, they won’t have anything to talk about anymore–nothing to fundraise from anymore-because they will have exhausted their stash.

Washington DC has gotten into the habit of milking every example of corruption for “so many talking points,” “so many interviews,” “so many column inches,” and “so many angles” that problem-solving does not appeal to them at all. They oddly appear to favor the endless process.

So, when there’s an approach like what they encounter with me, with our significant research, and our reluctance for self-involvement or financial benefit, well, I just don’t fit in–because I don’t give a flying flip about “the process.” And therefore, I do not fit into the rationale of the box or their predicted PERT chart.  And I say this having been a target of their stupid investigative nonsense.

♦Third, and this is the one that hurts; as long as the money is flowing – they really don’t care about the consequences outside the bubble of corruption that surrounds them.  This is where the “pretending not to know” aspect becomes a matter of importance to retain position.

They built the silos as a self-preservation system, where what they are preserving is their access to money.  The examples of corruption that flow like an endless stream around the silos, the feeder material for the DC swamp is simply an outcome of their own creation.

Perhaps it is better to give you an example FROM TODAY as to how this applies to what we review.  All three points noted above will be visible in this example.

♦ READ CAREFULLY– Back in December of 2017 and January of 2018, there was a battle within Washington DC -in the headlines- around the issue of the “Nunes Memo.”  Devin Nunes wrote a five-page outline of the corruption evident within the Carter Page FISA application used to conduct political surveillance on Donald Trump.  The DC Silo System operators within the DNI (Dan Coats), FBI (Chris Wray, Andrew McCabe), and DOJ (Rod Rosenstein, Robert Mueller) did not want the Nunes Memo released, so they said it contained “classified” material.

Remember, this was President Donald Trump’s DNI, DOJ and FBI telling the Chairman of the House Permanent Select Committee on Intelligence, Devin Nunes, that they would not permit the public release of the Nunes Memo; despite the material inside the memo largely exonerating the President and providing material, factual and irrefutable evidence of the corrupt and weaponized use of the FISA application itself by the DOJ, FBI and CIA.

At the same time as this “Nunes Memo” issue was being argued, Special Counsel Robert Mueller was attacking the office of the presidency with fraudulently narrated material from the surveillance the fraudulent FISA warrant authorized.  Read that again if needed. SLOWLY.

The Silos (DNI, DOJ, FBI, CIA), while working for the President, were operating to isolate and target the President.

Now, in the background of this Nunes Memo fight, the FISA-702 bill was also up for reauthorization.  The DNI, DOJ, FBI and CIA wanted the FISA-702 reauthorization that permits them to conduct surveillance on Americans without a warrant.  The DC Intelligence Silos wanted 702 reauthorized.  HPSCI Chairman Devin Nunes, who ultimately controlled the reauthorization, wanted his memo declassified.  Nunes lead strategist was Kash Patel, the senior staffer within the HPSCI.

Kash Patel and Devin Nunes entered negotiations with Director of National Intelligence Dan Coats to declassify the Nunes Memo, in exchange for reauthorizing FISA-702.   They negotiated a position where a “redacted version” of the Nunes memo would be released, in exchange for 702 reauthorization.    That’s what they did.  FISA-702 was reauthorized and the Nunes Memo was released [albeit with redactions].

The DOJ, FBI, CIA and SSCI kept attacking President Trump and the Special Counsel operation continued for another year.

[Six months after the FISA-702 reauthorization, with the term of the search warrant exhausted – and the content no longer useful, the FISA Application used against Carter Page was released publicly by the Robert Mueller special counsel.]

Hopefully you can see from the outline above how the Silo system operated during these events.  The key takeaway is how Patel and Nunes worked within a corrupt and weaponized system and played by the rules of the corrupt and weaponized DC Silo operation.  There was ZERO reform, either to the DOJ, FBI, CIA (silos) or the FISA-702 surveillance process.  The corrupt system just moved along as it does.

This is why you cannot reform this system by using the participants within it that accept and continue playing by corrupt rules.

Kash Patel and Devin Nunes could have played a strategy where they confronted the DNI, CIA, DOJ and FBI by saying publicly Dan Coats was holding the declassification of the Nunes Memo hostage.  They did not.

Kash Patel and Devin Nunes could have gone to President Trump and told him the issues, and requested President Trump declassify the memo without any redactions.  They did not.

There were alternatives to playing within the rules of the Silo system.  But they didn’t. They accepted the Silo process and in doing so perpetuated the process that targeted President Trump.

Now, we fast forward to today.  What does that factual outline of HPSCI Kash Patel tell you about the predictive nature of FBI Director Kash Patel?

I often hear or receive this question in various iterations.  When discussing the research outlines of current events, especially when we cite the historic background of what took place leading to those events – and how it created the outcome we now witness, we often get this question – or a version therein:

…”Have you tried to meet with DNI or DOJ or NSC people to attempt to ”unsilo” their thinking and understanding of all that transpired so they can connect all the dots. You have said that different people you’ve spoken to know pieces and parts, but the silos prevent anyone from knowing the whole. Can you not be the link? I love that we know but we can’t affect change. We/I only become more frustrated as our new leaders bumble along talking and focusing on seemingly trivial things compared to the Treason that has been on display since 2008.”….

My friends, part of the reason the corrupt DC system is so transparently predictable, is precisely because everyone engaged in the events has a vested interest to retain the corruption.  When you peel down the onion, when you get through the smoke to the fire, when you go deep into the rabbit hole and finally reach the dead end, you discover the root of everything that permeates everything is money. It is not ideology – it’s money.

From my myriads of travels and interactions with the system operators, I can boil down the answer to a few key points:

♦First, to the point of those we count on to stop the corruption, these are not smart people.  You project infinitely more intelligence upon them than they actually possess.  The high-information voter and researcher has much more knowledge than they do.  We fail and become frustrated when we mistakenly believe they carry an awareness that is factually not present.  You know more than your representative, and you know the context of that information at a much, much higher level than they do.  They ARE NOT smarter than you; where “they” applies to every-single-one of the names you might reference.  You are smarter than them.

♦Secondcorruption is a business; whether in the initiation of it, or in the maintenance of it. Quoting myself in discussion of the situation: “My honest and respectfully intended question to you would be: What is it that makes our representatives always want to “talk about the information” rather than act upon the information, when the information is there for the taking?

Perhaps, by training, by habit, or by unintended consequence our representative form of government, our American system of politics, has developed to live for the process itself as an end result. Is it logical to believe that removing corrupt activity is a discussion; the conversation is the point; the smoke is the fire?

The business of Washington DC has evolved into reveling in the process and, as a consequence, it completely ignores the end point, misses the bottom line, doesn’t actually SEE the subject matter and never actually applies action to what might be discovered. In fact, I’m led to believe that sometimes those within system avoid the corruption deliberately, because if they get their heads around it and nail it home, they won’t have anything to talk about anymore–nothing to fundraise from anymore-because they will have exhausted their stash.

Washington DC has gotten into the habit of milking every example of corruption for “so many talking points,” “so many interviews,” “so many column inches,” and “so many angles” that problem-solving does not appeal to them at all. They oddly appear to favor the endless process.

So, when there’s an approach like what they encounter with me, with our significant research, and our reluctance for self-involvement or financial benefit, well, I just don’t fit in–because I don’t give a flying flip about “the process.” And therefore, I do not fit into the rationale of the box or their predicted PERT chart.  And I say this having been a target of their stupid investigative nonsense.

♦Third, and this is the one that hurts; as long as the money is flowing – they really don’t care about the consequences outside the bubble of corruption that surrounds them.  This is where the “pretending not to know” aspect becomes a matter of importance to retain position.

They built the silos as a self-preservation system, where what they are preserving is their access to money.  The examples of corruption that flow like an endless stream around the silos, the feeder material for the DC swamp is simply an outcome of their own creation.

Perhaps it is better to give you an example FROM TODAY as to how this applies to what we review.  All three points noted above will be visible in this example.

♦ READ CAREFULLY– Back in December of 2017 and January of 2018, there was a battle within Washington DC -in the headlines- around the issue of the “Nunes Memo.”  Devin Nunes wrote a five-page outline of the corruption evident within the Carter Page FISA application used to conduct political surveillance on Donald Trump.  The DC Silo System operators within the DNI (Dan Coats), FBI (Chris Wray, Andrew McCabe), and DOJ (Rod Rosenstein, Robert Mueller) did not want the Nunes Memo released, so they said it contained “classified” material.

Remember, this was President Donald Trump’s DNI, DOJ and FBI telling the Chairman of the House Permanent Select Committee on Intelligence, Devin Nunes, that they would not permit the public release of the Nunes Memo; despite the material inside the memo largely exonerating the President and providing material, factual and irrefutable evidence of the corrupt and weaponized use of the FISA application itself by the DOJ, FBI and CIA.

At the same time as this “Nunes Memo” issue was being argued, Special Counsel Robert Mueller was attacking the office of the presidency with fraudulently narrated material from the surveillance the fraudulent FISA warrant authorized.  Read that again if needed. SLOWLY.

The Silos (DNI, DOJ, FBI, CIA), while working for the President, were operating to isolate and target the President.

Now, in the background of this Nunes Memo fight, the FISA-702 bill was also up for reauthorization.  The DNI, DOJ, FBI and CIA wanted the FISA-702 reauthorization that permits them to conduct surveillance on Americans without a warrant.  The DC Intelligence Silos wanted 702 reauthorized.  HPSCI Chairman Devin Nunes, who ultimately controlled the reauthorization, wanted his memo declassified.  Nunes lead strategist was Kash Patel, the senior staffer within the HPSCI.

Kash Patel and Devin Nunes entered negotiations with Director of National Intelligence Dan Coats to declassify the Nunes Memo, in exchange for reauthorizing FISA-702.   They negotiated a position where a “redacted version” of the Nunes memo would be released, in exchange for 702 reauthorization.    That’s what they did.  FISA-702 was reauthorized and the Nunes Memo was released [albeit with redactions].

The DOJ, FBI, CIA and SSCI kept attacking President Trump and the Special Counsel operation continued for another year.

[Six months after the FISA-702 reauthorization, with the term of the search warrant exhausted – and the content no longer useful, the FISA Application used against Carter Page was released publicly by the Robert Mueller special counsel.]

Hopefully you can see from the outline above how the Silo system operated during these events.  The key takeaway is how Patel and Nunes worked within a corrupt and weaponized system and played by the rules of the corrupt and weaponized DC Silo operation.  There was ZERO reform, either to the DOJ, FBI, CIA (silos) or the FISA-702 surveillance process.  The corrupt system just moved along as it does.

This is why you cannot reform this system by using the participants within it that accept and continue playing by corrupt rules.

Kash Patel and Devin Nunes could have played a strategy where they confronted the DNI, CIA, DOJ and FBI by saying publicly Dan Coats was holding the declassification of the Nunes Memo hostage.  They did not.

Kash Patel and Devin Nunes could have gone to President Trump and told him the issues, and requested President Trump declassify the memo without any redactions.  They did not.

There were alternatives to playing within the rules of the Silo system.  But they didn’t. They accepted the Silo process and in doing so perpetuated the process that targeted President Trump.

Now, we fast forward to today.  What does that factual outline of HPSCI Kash Patel tell you about the predictive nature of FBI Director Kash Patel?

I expect nothing from FBI leadership that plays by the rules of a corrupt and weaponized system.

Do, or do not.  There is no try.

When you see that justice is measured, not by due process, but by compulsion – when you see that in order to invoke your sixth amendment right to due process, you need to obtain permission from men who rebuke the constitution – when you see that justice is determined by those who leverage, not in law, but in politics – when you see that men get power over individual liberty by graft and by scheme, and your representatives don’t protect you against them, but protect them against you – when you see corruption holding influence and individual liberty so easily dispatched and nullified – you may well know that your freedom too is soon to perish.

I will never relent, because I do not consent.

Love to all,

~ Sundance

The Anchormen Show with Matt Gaetz | Steve Bannon


Posted originally on Rumble By Bannon’s War Room on: May 15, 2025, at 12:00 am EST

States May Fund Migrants – Grey Area Questioned


Posted originally on May 14, 2025 by Martin Armstrong 

Illegal Immigration

President Trump’s Executive Order 14218 (February 2025) prohibits undocumented migrants from receiving federal funds. However, individual states are not prohibited from funding migrants, and several blue states are continuing to use state funds for such purposes. There is a grey area here as these states are incentivizing illegal settlement, but at the moment, the law seeks to ensure that only federal funds are not distributed to illegal settlers.

California may be in the midst of an energy and debt crisis, but Governor Gavin Newsom continues to fight Washington on behalf of migrants. California’s Cash Assistance Program for Immigrants (CAPI) provides cash payments to migrants who are ineligible for Social Security. Is this program using federal aid? The Department of Homeland Security has subpoenaed the past four years of records to determine if migrants resisting in Los Angeles have been receiving cash payments at the expense of our federal budget.

DHS Secretary Kristi Noem said that the subpoena for Los Angeles is merely the beginning of their ongoing search. “The Trump Administration is working together to identify abuse and exploitation of public benefits and make sure those in this country illegally are not receiving federal benefits or other financial incentives to stay illegally.” She continued, “If you are an illegal immigrant, you should leave now. The gravy train is over.”

California.Migrant.FreeHousing

A memo from the White House last month revealed that the American taxpayers have been paying $182 billion annually to cover all expenses for 20 million migrants, based on research from the Federation for American Immigration Reform (FAIR). The study found that the $182 billion included $66.4 billion in federal assistance, with state and local expenses reaching $115.6 billion.

People residing in blue states may not realize that their tax dollars are still being used to support people who illegally entered the nation, cannot apply for work, and are living a taxpayer-subsidized life.

In March 2025, Newsom requested a $3.44 billion loan from the general fund, the maximum loan amount permitted under California law, to pay for social programs. An additional $2.8 billion in state funding has already been committed to cover June costs. He is spending funds faster than they can be collected. Newsom has proposed numerous tax hikes, but they could never amount to his perpetual spending.

Gavin_Newsom_Bans_California_From_Requiring_ID_to_Vote_Newsweek

Instead of focusing his attention and resources on Americans who have paid into the system their entire lives, Newsom has ulterior motives. He approved of spending $10 billion on health care costs alone for migrants.

Every agency involved in California’s finances has warned Newsom that his spending will destroy the state. Spending over the past five years has skyrocketed by 63% to $200 billion. I reported that the Legislative Analyst Office (LAO) found that California is facing “double-digit operating deficits in the years to come” as a result of reckless government spending.

California’s debt will rise when the federal government removes any funding misdirected toward non-citizens. There is a grey area here where states are openly encouraging illegal settlement through incentives from their taxpaying, legal residents. The Department of Homeland Security may still deport these migrants, but as we have seen in recent weeks, blue states will not relent.

Inflation the Real Story


Posted originally on May 10, 2025 by Martin Armstrong 

3 faces of Inflation Dragon

QUESTION: Mr. Armstrong, a friend of mine attends your conferences and said you’re the only person who understands the economy because you have international experience and have met with many central banks around the world. He said inflation is no longer the simplistic expansion of the money supply, and anyone who said that is still trapped by Keynesian economics. If inflation is not the quantity of money anymore, then can you explain what inflation is all about? Why have you not appeared on Tucker Carlson to explain your theory?

I appreciate your patience.

Rob

Quantity Theory of Money QTM 1

ANSWER: The people who put out this theory have ZERO international experience.

CURRENCY INFLATION:

Currency inflation can take place in primarily two ways. First, the currency declines in value, and this attracts foreign capital to rush in for bargains. I did that myself when the British pound fell to $1.03 in 1985. It was like the country on sale at Harrods.

Secondly, let’s say you have a building in it, and I buy it for $10 million. The money supply is not altered. However, let’s say I’m British and I buy your building in the United States. I have to bring British pounds, convert them into dollars, and then pay you your $10 million. I have just increased the domestic money supply and assets, and the central bank had no impact.

CapitalFlow1919 1940

Here are the capital flows during the Great Depression. You see a massive exit of capital in 1931, which was caused by the Sovereign Debt Defaults of 1931, as all of Europe, including Britain and the British Commonwealth, such as Canada, suspended their debt payments. That is what took down 9,000 banks, not tariffs.

JapanCapitalFlow M1987

Here are the capital flows for the 1987 Crash, which was also caused by capital outflows. Even looking at the 1989 Japanese Bubble, what made it similar to the 1929 bubble in the USA? Capital inflows and concentration from around the world cause the assets to rise, and money pours into the economy. Currently, Canada has seen a 300% rise in real estate, largely due to foreign capital flowing into the country.

1994 1998 Asian Currency Crisis

After the 1989 Bubble in Japan, capital then shifted to Southeast Asia. Thailand’s assets soared, both in real estate and stocks. Then it crashed in 1997, as capital was then expected to be the next hot market in 1999. Here you see Thailand’s peak and the US market rose into July 1998. Thailand then passed real estate legislation, which prohibited foreigners from owning land. Foreigners generally cannot own land outright in Thailand, even since the 1997 Asian Currency Crisis. However, exceptions exist for significant investments (e.g., a 2022 cabinet-approved proposal allowing land purchase with a 40 million baht investment in specified sectors, subject to parliamentary processes). This aims to stimulate the economy rather than restrict access.

Foreigners may own up to 49% of the total unit area in a condominium project, provided the funds are imported from abroad, which increases the money supply. Foreigners can lease property for up to 30 years in the classic British system, with potential renewals, although this does not confer ownership – only the right to use. While setting up a Thai company (majority Thai-owned) to hold land is a common workaround, authorities actively scrutinize such arrangements to prevent misuse.

Recent discussions (2022–2023) focused on easing restrictions for high-value investors rather than imposing bans. Thus, Thailand maintains its historical framework: it restricts land ownership but permits certain property investments under regulated conditions. Always consult legal experts for current, case-specific advice. All of this was a response to the 1997 Asian Crisis caused by capital concentration, and then it moved on to the next hot topic.

Gold 1982 1991 Basket

Here, you can see that the price of gold varies by currency, all based on its value. Are you genuinely looking at a chart of gold, or are you only looking at it in relation to the local currency?

1927 Secret Banking g4

DEMAND INFLATION:

This was Keynes’ misconception, who assumed the bull market up to 1929 was purely driven by domestic demand. He proposed raising interest rates to make borrowing more costly and lowering interest rates to encourage borrowing. The idea was seriously myopic. He did not understand capital flows, and that higher interest rates sometimes attract capital, as was the case when Volcker raised interest rates to insane levels in 1981, which sent the dollar soaring to a record high in 1985.

DowIntRates 1927 1932

Lowering rates in 1927 to try to deflect the capital inflows back to Europe failed. The Fed raised rates from 3.5% to 6%, and it did not stop the rally in the share market. The Fed then lowered rates from 6% to 1,5% in 1931, and it had no impact on supporting the market. So, again, all we have are failed theories, yet people lacking international experience mouth the same old stuff over and over again because everyone else does.

Assets v Money

ASSET INFLATION:

Then you have raw shortages or oversupply. The purchasing value of gold dropped significantly thanks to the 1849 California Gold Rush. During inflation, assets rise in value, and money declines. That took place during the 19th century when a gold coin was money. MONEY has NEVER been of a constant value – NEVER! These people yelling fiat simply do not comprehend that for thousands of years, there has always been a business cycle, and that means money rises and falls in purchasing power, REGARDLESS of whatever it has been. The fiscal irresponsibility of governments is well-documented throughout history, long before the introduction of paper money.

Wholesale Price Inflation Gold Fluctuated
Taylor Bayard 1825 %E2%80%93 1878

Even under a gold standard, there were periods of inflation and deflation. Read the history of the California Gold Rush. During the 1849 Gold Rush in California, the journalist for the New York Tribune, Bayard Taylor (1825-1878), arrived in San Francisco by ship during the summer of 1849. He was shocked at what he encountered and did not think that anyone would even believe what he was going to write. His dispatches about the gold rush economy in California stunned many and helped to create the 1849 Gold Rush.

The average wage for a laborer in New York was about one or two dollars a day. In California, individual hotel rooms were rented to professional gamblers for upwards of $10,000 a month, which is the equivalent of about $300,000 today. The degree of inflation in terms of gold was astounding and lacks comparison in modern times. There was so much gold that the value of goods rose even though they did not in New York. The inflation phenomenon was local – akin to the Tulip Bubble.

Inflation Deflation

There is a lot more to this than simply the quantity of money. In case you haven’t noticed, some Marxist economists who propose MMT (Modern Monetary Theory) claim that since the U.S. borrows in its own currency, it can print dollars to cover its obligations and can’t go broke. The theory has won converts among freshman Democrats, like Alexandria Ocasio-Cortez, as a way to finance social policies like the Green New Deal and Medicare for All. They pointed to the vast Quantitative Easing (QE) in 2008-2009, and inflation was not created. The European Central Bank expanded the money supply and lowered interest rates to negative in 2014, despite no inflation.

confused

Quantitative Easing (QE) does not increase the Supply of Money—it is only a maturity swap. Today’s total money supply includes debt, unlike during the pre-19th century. This has erroneously given rise to Modern Monetary Theory, for they pointed to QE and said there was no inflation, so that we could print without repercussions. It was merely a swap of maturities when you finally realized that debt is now money that earns interest, as paper money was introduced during the Civil War.

186410CompoundInt 2

When paper money stopped paying interest, the term “Greenback” emerged, meaning there was no interest payment schedule on the reverse, just green ink. Paper money began as essentially debt or bonds that circulated as a form of cash. Today, people blame the central bank, but remain clueless that the money created by the central bank is only a tiny fraction of the money supply. Because debt issued after 1971 is now legal to use as collateral, posting T-Bills to trade futures, the $34 trillion debt is part of the money supply that dwarfs the central bank. Shutting down the Federal Reserve will make things worse. The real source of inflation under this theory of the Quantity Theory of Inflation is the debt itself.

Moreover, we pay interest, and that no longer stimulates the economy because much of it is held offshore. China has 10% of the US debt, which accounts for 10% of the $1 trillion in interest payments that flow to China, not the domestic economy.

Fed dollar QTM production

If your Definition of Money is Wrong, So is Everything Else that Follows

As far as Tucker is concerned, I haven’t been invited, and I’m not sure he would want someone who doesn’t agree with 99% of the analysts on this subject.

And by the way, this is not theory – it’s plain experience and observation.

QTM

Sovereigntists vs. Globalists


Posted originally on Rumble By Bannon’s War Room on: May 4, 2025, at 2:00 pm EST

Epstein Victim Virginia Giuffre’s Father Insists Daughter Didn’t Die by Suicide


Published originally on Rumble By The Gateway Pundit on May 1, 2025 at 8:00 pm EST

They Killed Her ReeEEEe Stream 04-27-25


Posted originally on Rumble By The Salty Cracker on: Apr 27, 2025 at 7:00 pm EST

RLA Radio Interview


Posted originally on Apr 27, 2025 by Martin Armstrong 

RetirementLifestylePodcast

Dennis Tubbergen hosts Martin Armstrong, founder of Armstrong Economics, on RLA Radio. Click here to tune in. 

How the World Really Works


Posted originally on Apr 27, 2025 by Martin Armstrong 

Deepfake Threats – Fed Gov Urges for Increased Data Collection


Posted originally on Apr 25, 2025 by Martin Armstrong 

Hacker 2

Federal Reserve Governor Michael Barr is urging banks to begin collecting behavioral and biometric data from customers to combat deepfake digital content created through ID. These deepfakes are capable of replicating a person’s identity, which “has the potential to supercharge identity fraud,” Barr warned.

“In the past, a skilled forger could pass a bad check by replicating a person’s signature. Now, advances in AI can do much more damage by replicating a person’s entire identity,” Barr said of deepfakes, which have the “potential to supercharge identity fraud.”

“[We] should take steps to lessen the impact of attacks by making successful breaches less likely, while making each attack more resource-intensive for the attacker,” Barr insists, believing that regulators should implement their own AI tools to “enhance our ability to monitor and detect patterns of fraudulent activity at regulated institutions in real time,” he said. This could help provide early warnings to affected institutions and broader industry participants, as well as to protect our own systems.”

Enabling multi-factor authentication and monitoring abnormal payments is a first step, but Barr and others believe that banks must begin to collect their customer’s biometric data. “To the extent deepfakes increase, bank identity verification processes should evolve in kind to include AI-powered advances such as facial recognition, voice analysis, and behavioral biometrics to detect potential deepfakes,” Barr noted.

Barr would like banks to begin sharing data to combat fraud. Deepfake attacks have been on the rise, with one in 10 companies reporting an attack according to a 2024 Business.com survey. Yet, will our data be safer in the hands of regulators?

The Office of the Comptroller of the Currency (OCC) fell victim to a cyber attack after discovering that hackers had been accessing their emails for over a year.  Hackers found their way into an admin account, permitting them to access internal communications of over 100 banking regulators. Former Treasury Secretary Janet Yellen had her own computer hacked by Chinese state-sponsored actors who used a third-party vendor to access sensitive, unclassified documents.

Regulators have been unable to protect themselves, but they believe that they can protect us if we continue to share our valuable data. All freedoms are relinquished in the name of protection.