Former Secretary of State Rex Tillerson is scheduled to hold a press conference moments from now to discuss current events including his exit from the Dept. of State and his replacement by CIA Director Mike Pompeo.
UPDATE: Video Added
PBS News Livestream – NBC News Livestream – CBS News Livestream
QUESTION: Mr. Armstrong; Do you believe that if American companies do repatriate dollars to get the low tax rate in the USA, will this impact foreign banks as capital withdraws? I figured you are the best qualified to answer that question nobody seems to be discussing.
Thank you for sharing your expertise.
SY
ANSWER: That is a very interesting question and it is indeed unique. I cannot think of anyone who has asked that one yet. Let us assume that U.S. corporations will repatriate at least 25% of their estimated US$2.6 trillion of offshore funds to take advantage of a one-off 14% tax holiday. It will not matter if they are selling euros, yen, pounds, or yuan. Switching their fund from the offshore dollar funding markets to domestic dollars will have a similar impact to the same trend that took place between 1980 and 1985 that drove the dollar to all-time record highs.
American corporations moving capital sends a powerful impulse through global finance system. Despite the rise of China and the creation of the euro, the world has never been so “dollarized” as it is today. The euro is a complete failure for there is no single market with a centralize debt to compete with the dollar as an alternative. China is rising, but it is not ready for prime time. There is no alternative to the dollar. That is the real crisis in the world economy.
U.S. lending rates are critical to the world economy. The Bank for International Settlements (BIS) says offshore dollar funding has risen fivefold to US$10.7 trillion since the early 2000s, with a further US$14 trillion of global dollar debt hidden in derivatives. BIS research also confirms that the rise and fall of the dollar is the major cycle of dollar liquidity which is driving the world’s investment appetite and global asset prices. This liquidity spigot is clearly being turned off. The Fed is not only raising rates, it is also reversing bond purchases exactly OPPOSITE of the ECB which openly admits it will repurchase government debt as it expires. The Fed is shrinking its balance sheet while the ECB is trapped and cannot dare take the same steps.
The BIS is warning that China, Canada, and Hong Kong all have the risk of banking failures that are greater than that of Europe. Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the coming years. That is more than a quarter-trillion. The answer is YES – ABSOLUTELY. US companies will bring back a substantial amount of that money and this will reduce deposits overseas and that will increase the risks of bank failures outside the USA, but probably more so in Asia than Europe. The ECB will most likely prop-up banks no matter what it says.
Mario Draghi will NOT stop Quantitative Easing and he WILL NOT raise rates until he can get out the door. His term at the ECB is for 8 years and sources say he cannot wait to leave. Draghi will extend his signature landmark bond-buying stimulus programme that is just life-support for the member governments at least September 2018 officially but indefinitely until he leaves. He does not want to be blamed for the economic disaster he has created for the world and as such he is trapped in the ECB until October 2019. The question will be can he really keep up this insane losing position that much longer or will the entire house of cards come crashing down.
So look first to bank failure on the rise in Asia, and they will spread to Europe. Nonetheless, there is deep concern about Italian banks and that may be the spark which ignites the next catastrophe.
It is easy to get lost in the weeds if you don’t follow the details closely; however, last night James Clapper appeared on CNN to defend himself against mounting evidence he leaked, and falsified the content of a presidential briefing of an Intelligence Discussion -including the “Steele Dossier”- to CNN January 9th or 10th 2017. [Full Recent Backstory]
Before getting to the CNN/James Clapper video, it’s important to revisit the specific sequence of events. It is difficult to spot lies if you don’t have events to reference. Here’s a recap of the exact timeline of events from 2017:
♦Friday January 6th – DNI James Clapper, CIA John Brennan, FBI James Comey and NSA Mike Rogers briefed President-Elect Trump on their Joint Analysis Report of the Russian Election interference. (link) [POTUS-Elect released a statement]
♦Tuesday January 10th – CNN runs an explosive story (Jake Tapper) and article about Intelligence Officials briefing President Trump about the Steele Dossier. (link)
♦Tuesday January 10th – (Moments later) At 5:20pm Buzzfeed uses the CNN story as an excuse to publish the Steele Dossier.
♦Wednesday January 11th – The Trump transition team states the content of the CNN story [claiming President-Elect Trump was briefed on the Dossier] was false.
♦Wednesday January 11th – (same day) President Trump blasts CNN for pushing “fake news” about their story; P-Elect saying he was not briefed on the “dossier”.
♦Wednesday January 11th – (same day) NBC independently refutes the content of the prior day CNN story. Trump wasn’t briefed on dossier the Friday prior. (link)
♦Wednesday January 11th – (same day) FOX News independently refutes the content of the prior day CNN story. Again, Trump wasn’t briefed on dossier. (link)
♦Wednesday January 11th – (same day – EVENING) DNI James Clapper puts out a press release and affirms he only told the President-elect of the IC position on the Steele Dossier moments before. (January 11th – NOT January 6th) (link)
That’s the cited sequence of events, and the copy of the Press Statement by ODNI James Clapper for verification [Archived Link Here] Pay close attention to the wording above.
Recapping: On Tuesday January 10th, 2017, CNN stated President-Elect Trump was briefed on the dossier. An hour later Buzzfeed was publishing the dossier. The next day, Wednesday January 11th, President Trump said he was not briefed on the dossier. NBC confirmed Trump wasn’t briefed. Fox News confirmed Trump wasn’t briefed. Later that night, again Wednesday January 11th, DNI James Clapper notes in his statement he just briefed the President-elect on the dossier moments before.
Now, here’s James Clapper last night (March 12th, 2018) talking to CNN’s Don Lemon. It is important to pay attention to the details of this denial and the transparent motive behind why Clapper would try to cloud the events. Here’s the Clapper Interview:
.
The two things you’ll immediately note are that Clapper has the dates wrong, likely intentionally wrong, and Clapper is intentionally misleading on the sequence.
Clapper stated to Don Lemon POTUS-Elect Trump blasted the media on January 10th prior to the CNN/Buzzfeed story. This is false. The Trump Media “Nazi” Press Conference was Wednesday January 11th, the day AFTER the CNN story ran and Buzzfeed put out the dossier. For a reminder Watch:
.
Is Clapper “lying” or is he “intentionally misleading”, your choice on the definition.
However, given the nature of his adverse relationship with the truth -and Clapper’s motive to lower his risk as an identified intelligence leaker- he no longer gets the benefit of the doubt. James Clapper is intentionally lying.
Note: “The IC has not made any judgment that the information in this document is reliable”.
This was January 11th, 2017. How does that statement from Director of National Intelligence James Clapper square with the Intelligence Community using that “document”, the “Steele Dossier”, to the FISA Court three months prior, on October 26th, 2016, to obtain a FISA Title-1 surveillance warrant?
If the IC had not found the information in the document reliable by January 11th 2017, then what the heck were they doing using it for a FISA warrant in October 2016?
This is probably the single most important (and clear-cut) piece of evidence that proves the DOJ and FBI were falsifying the validity of the Steele Dossier to the FISA Court.
This story today from Sara Carter is really interesting because CTH outlined the foundation of this back in January of 2017. According to an article published today by Sara Carter her congressional sources have told her of an investigation into former ODNI James Clapper and his leaking of “intelligence information” to CNN in an orchestrated effort to damage the incoming Trump administration.
Sara Carter – Former Director of National Intelligence James Clapper allegedly leaked information to CNN early last year regarding the classified briefings given to then President-Elect Donald Trump and President Barrack Obama on the salacious dossier claiming the Russians had compromising information on the president-elect, according to government sources, who noted the evidence of the leak was collected during the House Intelligence Committee’s Russia investigation. (keep reading)
Here’s why it’s particularly interesting. Back in January of 2017, we noted a series of events between James Clapper (ODNI), John Brennan (CIA) and Jake Tapper (CNN) that appeared transparently obvious about creating a specific narrative. CTH Timeline:
♦ January 10th, 2017 – CNN Frames “Russian Narrative” – The anatomy of a media smear (link).
♦ January 11th, 2017 – President Trump confronts CNN – “You are fake news” (link)
♦ January 12th, 2017 – Confronted by the Trump Transition Team, independent NBC and Fox News Reporting, CNN’s Anderson Cooper attempts to defend CNN Propaganda (link)
♦ January 15th, 2017 – Bob Woodward calls out CNN, Jake Tapper, John Brennan and James Clapper for false statements and indefensible politicization of institutional U.S. intelligence agencies (link)
In essence the week beginning January 10th, 2017 was the origin of the vast ‘Muh Russia’ conspiracy/collusion narrative against the incoming administration. The CNN report pushed by Jake Tapper was also the distribution of leaked information James Clapper and John Brennan. This false narrative was specifically the origin of the “collusion” angle.
James Clapper appeared nervous and playing CYA when he released a statement trying to cover-up his leaking of information to CNN. Remember this?
Yeah, ODNI James Clapper was protesting his innocence a little too much. The narrative was noted almost immediately:
January 15th, 2017 “[…]Four political operatives at CNN (Jake Tapper, Jim Scuitto, Evan Perez and Carl Bernstein), colluded with two highly politicized top level Obama administration intelligence officials, ODNI John Brennan and CIA Director John Brennan, under the auspices of leaks from “anonymous senior intelligence officials” – on the construct of Russian narrative to undermine the incoming presidency of Donald Trump.
After being called onto the carpet, and doused in sunlight for their endeavors, CNN has been rabid in their attempts to obfuscate the construct of the intentional hit job and defend the indefensible.
CNN has spent the better part of every single broadcast for the past six days trying to justify their role in carrying out the synergistic political objectives of the politicized intelligence community and media propaganda. They have failed.
Well, well, well…. Now let’s fast-forward to today, March 12th, 2018:
[…] according to government sources Clapper, who is not mentioned in the report released Monday, had spoken to CNN at roughly the same time Jake Tapper broke the first story regarding the briefings conducted by senior intelligence officials with Trump and Obama on the dossier. Tapper’s story, which published in January 2017, created a snowball effect of allegations in the media that Trump’s campaign had allegedly colluded with the Russians in the 2016 election and that Russia had compromising material on Trump, sources with knowledge of the investigation concluded.
Clapper was one of four senior Obama administration officials to brief Obama and Trump on the dossier in December 2016. FBI Director James Comey, former CIA Director John Brennan and National Security Administration Director Mike Rogers were also present at the December briefings.
Clapper nor Tapper could be immediately reached for comment.
The dossier, which was compiled by former British spy Christopher Steele, at the behest of embattled research firm Fusion GPS, was already being shopped around by Steele to journalists in Washington as early as the summer of 2016, according to reports. At the time, journalists who had heard of the dossier were reluctant to publish the findings because of its unverified content.
“[Clapper] gave the dossier legs and news agencies began to publish its contents because it had now become official news…”
But it was when CNN published the first report that Trump and Obama had been briefed the dossier’s findings that other news agencies began to report on it. The committee found evidence that Clapper, who is now a contributor at CNN, contacted CNN shortly before the story was published by Tapper, Evan Perez, and Jim Sciutto. The story detailed the briefings given to Trump by the senior officials on the contents of the dossier and “gave the dossier legs and news agencies began to publish its contents because it had now become official news,” one congressional source told this reporter. Shortly after CNN published the report, Buzzfeed made the decision to post the entire 35-page dossier and referenced the CNN report in its decision to publish it, according to the website. (read more)
U.S. Department of Commerce Secretary Wilbur Ross discusses the recently imposed steel and aluminum tariffs and America’s future trade relationships with all nations including the very protectionist European Union.
“Economic security is national security” ~ Secretary Wilbur Ross
Reminder: Regarding ‘European Union (EU) retaliation’, forget it; they won’t.
The protectionist EU hypocrites simply cannot afford to go toe-to-toe with the U.S. on trade. The UK is in the process of formalizing their Brexit terms; the EU (essentially ‘Germany’) needs to find a way to make up for the lost revenue (billions in taxes) from the UK economy. Currently the UK pays Brussels approximately a billion per month on a $2.5 trillion economy; that will stop.
Brexit reduces the overall EU GDP by $2.5 trillion. German Chancellor Angela Merkel cannot -and will not- challenge President Trump. In addition to being politically weak, Merkel has attached her economy to expansive environmental regulations (Paris treaty), though she is now attempting to pale down those regulations. Chancellor Merkel cannot afford to run the risk of losing any access to the U.S. market.
The House Permanent Select Committee on Intelligence has announced the completion of their year-long investigation. –SEE HERE-Texas Congressman Mike Conaway appeared on Fox News at 6:00pm to make the announcement (Video):
.
HPSCI Chairman Devin Nunes statement:
“After more than a year, the Committee has finished its Russia investigation and will now work on completing our report. I’d like to thank Congressmen Trey Gowdy, Tom Rooney, and especially Mike Conaway for the excellent job they’ve done leading this investigation. I’d also like to recognize the hard work undertaken by our other Committee members as well as our staff. Once the Committee’s final report is issued, we hope our findings and recommendations will be useful for improving security and integrity for the 2018 midterm elections.” (link)
With the increases in on-line shopping, this approach at serial parcel bombs is much more consequential than years past. Two explosions in Austin Texas today as parcel bombs were left on the doorsteps of the victims. One teenager was killed, two women seriously injured.
TEXAS – A teenager was killed and at least two women were seriously hurt after a pair of explosions rocked homes in Austin on Monday — just two weeks after a separate blast which authorities said is believed to be linked to both of Monday’s incidents.
Austin Police said they received a call about the first explosion in a neighborhood on the northeast side of the city around 6:45 a.m., after the 17-year-old resident found a package on the front step, brought it inside, and opened it in the kitchen where it exploded.
“It is very similar to the incident that occurred in Austin on March 2,” Austin Police Chief Brian Manley told reporters.
The police chief said at a later news conference Monday that the department started receiving multiple calls at 11:50 a.m. regarding another explosion, in the Montopolis neighborhood, located southeast of downtown Austin.
A 75-year-old Hispanic woman, Manley said, also opened a package that she found outside her home, which detonated. The woman was “significantly injured” during the explosion and was taken to the hospital with potentially life-threatening injuries.
Manley said authorities don’t believe the packages came from a delivery through the U.S. Postal Service or private mail carriers, and the placement on the home’s front doorstep also indicated a similarity to the blast earlier this month. Federal law enforcement officials told Fox News the packages are made to look like mail, but at least the first one did not actually get shipped from the postal service.
“There are similarities that we cannot rule out that these two items are, in fact, related,” Manley said.
The Austin-Travis County EMS tweeted that a teenage male was killed and a woman in her 40s was taken to the hospital. Manley said she had non-life-threatening injuries. (read more)
This is just too rich. Seriously.
From the insufferable Iran deal… to the appeasement “Russian Reset”… to the Libya fiasco… to the rise of ISIS… to installing the Muslim Brotherhood in Egypt… to the explosion of terrorism in Yemen… to civil war in Syria… to the crisis in Ukraine… to the 2010 State Department apology tour (WikiLeaks cables scandal)… to their inability to stop North Korean nuclear ambitions and the rise of China as an influential power… there were/are zero foreign policy successes in eight years of the Obama administration.
There was not a single Obama foreign policy initiative that had any success. Every single place where the prior administration put their attention, the results were complete failure, crisis, chaos and worse conditions in the aftermath. That’s the 2009-2017 reality.
Today it is discovered that fifty of the most well known Obama foreign policy officials have come together to form a think-tank group called “National Security Now“. Their singular mission is to be the “resistance” to the Trump administration’s foreign policy. You have to see the names to recognize how bad these people were at policy:
♦Ben Rhodes ♦Susan Rice ♦Samantha Power ♦Denis McDonough ♦Tom Donilon ♦Tony Blinken ♦Jen Psaki and more. The list is a veritable ‘who’s-who’ of short-sighted foreign policy, ineptitude and diplomatic failure. There’s literally not a success between them, and they are uniting together to advocate against President Trump.
These Obama Officials are opposing the same President Trump who:
•put the plan in place to destroy ISIS and carried it out in the first year; •initiated massive change in the mid-east which saw Arab countries confronting extremism (including Qatari funding of the Muslim Brotherhood); •expanded international energy partnerships to remove the influence of Russia; •confronted China’s expansive economic agenda and halted it; •smartly used economic influence to bring North Korea to the point of accepting ‘denuclearization’; and •leveraged Pakistan to influence the Taliban to the negotiation table in Afghanistan…
…All of this in the first 14 months of his administration; while simultaneously dealing with three U.S. land-falling hurricanes and numerous national disasters and downsizing the U.S. State Department by 30%.
Go figure.
Just a short post to reflect upon. We have consistently stated the #1 reason for opposition to President Trump is financial (ie. economic); “There are Trillions at stake“.
Everyone admits the past 40+ years of U.S. trade deals have resulted in the massive export of U.S. wealth via jobs and manufacturing gains within other nations. The financial beneficiaries of those prior trade positions were: Wall Street, multinational corporations and multinational banks. The losers of prior trade priorities was the U.S. middle-class.
So ask yourself, friends and family this very important question:
If prior U.S. trade policies resulted in the export and redistribution of U.S. wealth… What happens when you reverse the process?
In the answer to that question we discover the opposition to U.S. President Trump.
QUESTION: I was wondering some of your thoughts on “God” and “The Creator” throughout US history? Is “In God We Trust” really a statement that if our most basic rights such as speech are not licensed by a government, then they are natural and thus come from God? Thus cannot be denied through evidence otherwise? What are the legal extents? Also, besides tradition, what are the significances of using the Bible during congressional swear-ins and testimonies? …
ANSWER: The origin of the motto “In God We Trust” dates back to 1864 and it was proposed by Samuel Chase, Secretary of the Treasury at that time. It first appeared in the 2 cents coin in 1864. After the Civil War, it then appears on the silver coinage from 25 cents to $1. It also appeared on the 5 cent coins in 1866, which were of a similar design to the 2 cent coinage. It never appeared on the penny which was reduced in size during the Panic of 1857. While it became the official motto of the U.S. state of Florida, it was not adopted as the nation’s motto until 1956 as a replacement/alternative to the unofficial motto of E pluribus unum (from many, one), which was adopted when the Great Seal of the United States was created and adopted in 1782. President Dwight Eisenhower on July 30, 1956, declared “In God We Trust” must appear on American currency. This phrase was first used on paper money in 1957 when it appeared on the one-dollar silver certificate. The first paper currency bearing the phrase entered circulation on October 1, 1957.
Simply because we have this motto on our currency does not mean that it guides Washington at all. Some have argued that the Roman architecture and the Egyptian style obelisk for the Washington Monument are somehow signs of a deeper cult at work. That is a stretch. There is, of course, the Thomas Jefferson Bible which he composed excluding Jesus as God, but more as a philosopher.
The Life and Morals of Jesus of Nazareth, is what has been referred to as the Jefferson Bible. Jefferson wrote one of two religious works. First, Jefferson wrote The Philosophy of Jesus of Nazareth, which was completed in 1804. However, there are no known copies that still exist today. The second work was titled, The Life and Morals of Jesus of Nazareth, which was completed in 1820. However, this was put together by cutting and pasting with a razor numerous sections from the New Testament. Jefferson extracted the teaching of Jesus condensing the composition excluding all mentions of miracles, the supernatural, and the four gospels that contain the Resurrection. Essentially, Jefferson extracted the teachings of Jesus as a philosopher omitting the passages that portray Jesus as divine.
Nevertheless, those in power are not worshiping the Devil as many portray. Throughout history, those at the top are worried about themselves and maintaining power. They rarely, if ever, think about God. That is self-evident simply by the laws that they pass. If we look at Constantine I the Great (307-337AD) who is portrayed as making Christianity the official Roman religion, all one needs do is look behind the propaganda. He portrayed himself as an arm of God. On his coins, he pictured himself with his eyes uplifted to heaven. However, he also showed himself as one emperor jugate with the Roman god Sol, which was a political statement that there should not be four emperors as in the Tetrarchy established by Diocletian (284-305AD), but one God and one emperor. This was the justification for his war.
Now, as for him witnessing a vision and God showed him the cross in the sky and told him to put this symbol on the shields of his army and he would defeat an army twice his size, this is the classic propaganda. There was no vision. Instead, it was a brilliant strategy. The opposing army was CHRISTIAN led by Maxentius (307-312AD), who even built the first Christian church in Rome. Maxentius was the son of the Western Emperor under the Tetrarchy. By putting the sign of the cross on his army, he undermined Maxentius for his army did not want to kill Christians.
Following the death of his father Constantine the Great, Constantine II (337 – 340 AD) was perhaps the main instigator in what has become known as the “palace massacre” during which most family members born of his step-grandmother Theodora were murdered. Few were spared and those were only due to their extremely young age, particularly the future Emperor Julian II (360-364AD). It was Julian who was called the Apostate because he rejected Christianity after he saw his entire family killed on the night of Constantine’s death all for power. He did not see Christianity as some religion that made men better. Julian pictured himself with a beard whereas Christians were clean-shaven. Julian restored paganism on the coinage, but he was killed by one of his own troops during battle because of his religious rejections of Christianity.
So you see, religion plays only a role in propaganda for those in power. They do not practice religion by any form or shape. Likewise, they do not worship the Devil either. They only worship power. It was Karl Marx who stated the only truth of those in power. Socialism goes against the Ten Commandments. It is anti-religious yet is marketed as if it is justice.
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!
De Oppresso Liber
A group of Americans united by our commitment to Freedom, Constitutional Governance, and Civic Duty.
Share the truth at whatever cost.
De Oppresso Liber
Uncensored updates on world events, economics, the environment and medicine
De Oppresso Liber
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
Australia's Front Line | Since 2011
See what War is like and how it affects our Warriors
Nwo News, End Time, Deep State, World News, No Fake News
De Oppresso Liber
Politics | Talk | Opinion - Contact Info: stellasplace@wowway.com
Exposition and Encouragement
The Physician Wellness Movement and Illegitimate Authority: The Need for Revolt and Reconstruction
Real Estate Lending
Centinel2012 