Monday, January 17, 2022

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China helps Venezuela and Iran against unilateral US sanctions

by Adam Garrie, The Duran:

In economic warfare, like in traditional battle, one’s weapons are only as powerful as the shields which they are up against. This simple concept has not yet sunk in among the powers that be at the US Department of the Treasury. Donald Trump’s Treasury Secretary  Steven Mnuchin has been extremely zealous in passing new unilateral sanctions on the governments, individual politicians and businesses in Iran and Venezuela in particular, as well as in North Korea. But none of this is working because the US financial system and the US Dollar is no longer the only major game in town on the international markets.

Venezuela has, after many years of discussion, finally agreed to cease trading its vast oil reserves in the US Dollar.

Venezuela recently announced that it is now pricing its oil in Chinese Yuan. This comes weeks after China announced that it will allow for the trading of oil contracts in Yuan which can be easily converted to gold at the exchanges in Shanghai and Hong Kong.

The recent BRICS summit in China, put an increased emphasis on monetary independence among member states, which is of course a not so coded phrase meaning ‘let’s ditch the US Dollar’.

Already, many Asian and Eurasian countries have begun bilateral trade in local currencies and both China and Russia have expressed interest in creating new currencies for  trade throughout not only the BRICS bloc but among the wider partners of BRICS, in what is known as the BRICS + format.

Additionally, Russia and China have expressed an interest in creating a BRICS crypto-currency which if backed by the powerful member states of the bloc, could result in an inter-continental exchange model that could be Dollar free for both small retailers and for sovereign trading partners.

READ MORE: BRICS in talks to create own cryptocurrency in another blow to US Dollar

It has also been announced that the China’s firm CITIC has opened a credit line with Iran which will be worth the equivalent of $10 billion. The credit line will operate in Yuan and Euros, entirely bypassing the Dollar.

China’s investments in Iran which is an important One Belt–One Road partner for Beijing are complimented by smaller though still significant investment inflows from European companies. While the EU tends to be a rubber stamp on US policy, when it comes to Iran, much of Europe is far less cynical than the United States.

All of this has an aggregate effect of the US voluntarily pricing itself out of growing markets. The growing markets themselves have not felt the sting of sanctions due to a combination of self-sufficiency that the US tends to discard as the US is increasingly a non-self reliant nation, in addition to the overriding fact that China can now providing growing economies with all of the capital they need and can do so on terms that are generally far more generous than those which could have been offered by the US.

In spite of Donald Trump’s comical Tweets, the North Korea economy is also growing and much of this is fuelled by internal projects. To this end, North Korea’s proven oil reserves and even its ability to extract and refine this oil is far greater than the US Treasury Department seems to imply.

READ MORE: North Korea has enough oil to survive embargo

It is no wonder therefore that Russia, while expanding its economic ties with South Korea, has also expressed a desire to begin tripartite economic initiatives with both Seoul and Pyongyang. Not only does this make economic sense, but it utilises economic enrichment as a more proven way to de-escalate diplomatic and military tensions than sanctions have ever accomplished.

READ MORE: Two Koreas–One Road–The future of cooperation between North Korea, South Korea and Russia

In reality, sanctions have never accomplished anything apart from increasing international tensions with the disastrous added effect of often starving civilian populations of food, medicine and basic amenities.

By contrast, economic investment has been a proven way to create contented countries which by definition are more at peace with the wider world than those being lectured to and starved.

Now though, the American ability to starve countries is limited by the fact that China is ready, willing and able to capitalise on any door the US leaves wide open for Beijing. This is already the case with Venezuela and Iran. It is only a matter of time and a few likely Russian authored de-escalation agreements before North Korea also joins the club.

Read More @ TheDuran.com

Donald Trumps Most EXTREME Flip Flop

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from WeAreChange:

21st Century Shoe-Shine Boys

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by Pater Tenebrarum, Acting Man:

Anecdotal Flags are Waved

“If a shoeshine boy can predict where this market is going to go, then it’s no place for a man with a lot of money to lose.”

– Joseph Kennedy

It is actually a true story as far as we know – Joseph Kennedy, by all accounts an extremely shrewd businessman and investor (despite the fact that he had graduated in economics*), really did get his shoes shined on Wall Street one fine morning, and the shoe-shine boy, one Pat Bologna, asked him if he wanted a few stock tips. Kennedy was amused and intrigued and encouraged him to go ahead. Bologna wrote a few ticker symbols on a piece of paper, and when Kennedy later that day compared the list to the ticker tape, he realized that all the stocks on Bologna’s list had made strong gains. This happened a few months before the crash of 1929.

 Joseph Kennedy in 1914, at age 25 – at the time reportedly “the youngest ever bank president in the US”  Photo credit: John F. Kennedy Presidential Library and Museum, Boston.
Joseph Kennedy in 1914, at age 25 – at the time reportedly “the youngest ever bank president in the US” Photo credit: John F. Kennedy Presidential Library and Museum, Boston.

Kennedy sold all his stock market investments over the next several months and put the money in what he considered the safest banks. He had already made a fortune in the bull market, and reportedly augmented it later by going short in the bear market. We are pretty sure his meeting with the market-savvy shoe-shine boy wasn’t the only reason for which he decided to sell. He did mention the anecdote later in life though and the experience served to solidify a conclusion he had already arrived at: It was very late in the game and the market was likely tocrack badly fairly soon.

We felt reminded of this story when a good friend (who invests for a living) visited us this summer. He inter aliatold us about an acquaintance of his, whom he described as an autopilot investor who only very rarely looks at the market and has a record of getting the wrong ideas at the wrong time. His latest idea was noteworthy: he thought it would be a good idea to “sell volatility” (by writing puts, if memory serves). This was in July, just before the VIX reached a new all time low.

In 2008, the VIX hit a high of 90 points, which was in fact the technical target we were eying at the time. In both 2010 and 2011 it jumped to approximately 47 points. In 2014 it made a high at 32 points, and in 2015 it streaked to 52 points. On these occasions put writing was not very popular with the people mentioned above. But they loved the idea with the VIX between 9 and 11.50. Go figure – click to enlarge.

One shouldn’t jump to conclusions from this just yet – if it wasn’t well-known before, it should be by now: the VIX can remain subdued for a very long time. It only tells us that there is very little concern in the market – there is little demand for option hedges and traders are more inclined to sell volatility than to buy it. And similar to how high bullish sentiment during a bull market is not a contrary indicator most of the time, the lack of concern can be well founded for extended time periods.

We have good reason though to suspect though that this particular game is quite long in the tooth as well. We are going to discuss developments in sentiment data in detail in a separate post. Still, here are a few observations in this context. Sentiment has become even more lopsided lately, with the general public joining the party. It may not “feel” like the mania of the late 1990s to early 2000, but in terms of actually measurable data, the overall bullish consensus seems to be even greater than it was back then.

For instance, mutual fund inflows rose to record highs earlier this year. Along similar lines, here is a recent chart that aggregates the relative cash reserves of several groups of market participants (including individual investors, mutual fund managers, fund timers, pension fund managers, institutional portfolio managers, retail mom-and-pop type investors). It shows that there is simply no fear of a downturn:

Read More @ Acting-Man.com

$4,168 Bitcoin Mining Rig Is A Daily Net Loser After Paying The Electric Bill

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from SilverDoctors:

This is rarely discussed in the cryptosphere: It’s easy to just buy a Bitcoin and let everybody else lose fiat doing all that processing mining. An honest look at the math shows that something doesn’t add up. This information is from Sunday, Sept 17, 2017, so it’s current to the day…

Below is a brand new shiny Bitcoin miner that won’t even be ready for shipment until November.

This rig will set ya back $3900 (starting price before options, plus another $268 for the power supply):

PRODUCT SPECIFICATIONS

Power supply unit is not included.

1. Specifications of the Antminer D3 are as follows:
a) Hash rate: 15 GH/s (Variation of ±5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} is expected)
b) Power consumption: 1200W (at the wall, with Bitmain’s APW3 PSU, 93{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} efficiency, 25°C ambient temp).
c) Dimensions of the miner: 320*130*190mm
d) Hashing algorithm: X11

2. Power consumption figures will vary with your PSU’s efficiency, the ambient operating temperature and the accuracy of the power meter.

3. Bitmain recommends use of the APW3++ PSU with the Antminer D3. One APW3++ PSU can not power more than one Antminer D3.

Here’s that power supply your gonna need:

A rig like that is acceptable for a person wanting to get in on the action right now. Who knows the life-cycle of a miner? 2 years max before becoming obsolete? Any Bitcoin Miner that’s older than a couple years, or costing less than $4168, and the hashing power will be severely diminished. For anybody who has ever tried to play the latest Call of Duty Black Ops with the $299 Wal-mart back-to-school special laptop, you know what I mean. It will not work. If you wanna play, you gotta pay a good amount of fiat currency for a decent set-up.

CryptoCompare shows that a rig set-up for this would be a net loser daily, monthly, yearly, or however long the miner choses to lose money by turning it on. Since people are looking to “get rich” off of Bitcoin, it’s not like they’re contributing to some sense of community either, because the community is motivated by profit.

Not only losing fiat currency, but probably worse than the stated losses below, because the estimates are under “ideal conditions” (a.k.a theoretical performance).

It seems unlikely a rig would achieve all of the specs in the real world with latency, overheating, and a host of other issues that prohibit perfection:

Those were the exact specs of that set-up with current Bitcoin price and all that other stuff in their disclosure.

So if mining Bitcoin and all the hundreds if not thousands of other cryptocurrencies out there requires this much energy, is there such thing as Peak-Bitcoin? Meaning at some point the cost of electricity will be so expensive, and maybe not even technologically capable of producing any more Bitcoins?

This analysis seems to think the electricity requirement going forward is going to be exponential.

A major issue with Bitcoin, which may eventually undermine success unless it is remedied, is the massive amount of power required for “mining” of the coins.

The mining metaphor is apt because bitcoins are created through specialized computers looking for the correct codes (hash keys), just like digging for gold. That electronic digging takes more and more power as more and more people dig for that virtual gold. Sebastian-Deetman calculated in 2016 that mining would require as much electricity by 2020 as the entire nation of Denmark currently consumes.

That’s just the beginning. Bitcoin’s algorithm requires that it get more and more difficult over time to mine, as long as mining itself becomes increasingly popular. With an approximately 132-year discovery cycle to mine all 21 million bitcoins, mining power demand will go up exponentially.

Read More @ SilverDoctors.com

Is it really true that America’s richest 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} are ‘overwhelmingly Jewish’?

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by Eric Zuesse., Washington’s Blog:

Eric Zuesse, originally published at The Saker (where the author’s responses to reader-comments challenging this report, can also be seen)

On September 8th, an article I wrote for Strategic Culture Foundation, “What America’s Aristocracy Want,” was republished at the Donbass (far-eastern formerly Ukrainian) website, “South Front”. The article blamed a lot on America’s billionaires and centi-millionaires, “the American aristocracy” (as I referred to it), who own controlling blocs of stock in America’s largest corporations, and whose political donations control the U.S. federal Government. It defined the powerful Americans whose agenda is harmful for the world, as consisting of the very few richest Americans (and their agents who run their international corporations, ‘nonprofits’, ‘news’media, and lobbying). But the most-heavily up-voted reader-comments there, were from people who clearly received a very different message from that article. They blamed ‘Jews’ — and all of them (not merely the super-rich ones). America’s billionaires who aren’t ‘Jews’ were set aside from blame, in their comments. The first (the most popular) reader-comment was “No, the reason they think they’re superior isn’t being Aryan (quite the opposite) or especially cunning or whatever. They think so because it’s their religion – [the richest] american ‘1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}’ is overwhelmingly jewish.” The second-most-favored comment was “America is NOT ruled by an aristocracy. It is ruled by a plutocracy. To be more precise it is ruled by a Judeo-pluto-kleptocracy.” The third-most-favored comment was “A better title would be ‘What America’s Jews Want’.”

So, I decided to see whether or not their basic assumption is true, that most of America’s billionaires and centi-millionaires — most of the people whose money controls the U.S. Government — are Jews. Although, obviously, there’s no scientifically justifiable reason to treat Jewish billionaires differently from non-Jewish ones, those readers believe that there is such a reason; and, so, seeking a possible fact-based reason for those comments (and for their popularity), I concentrated upon the allegation that America’s billionaires are “overwhelmingly Jewish.” It’s something that I had never looked into before, and it certainly would be interesting, if it is true (even if it doesn’t really relate to the question of how rational it is to ignore the impact that non-‘Jew’ish billionaires and centi-millionaires are having on American politics).

The Forbes 400 is the standard list of America’s wealthiest 400 individuals. At the present moment, as this is being written, on September 16th, here are the top 10:

#1: Bill Gates, $81B

#2: Jeff Bezos, $67B

#3: Warren Buffett, $65.5B

#4: Mark Zuckerberg, $55.5B

#5: Larry Ellison, $49.3B

#6: Michael Bloomberg, $45B

#7-8: Charles Koch, $42B

#7-8: David Koch, $42B

#9: Larry Page, $38.5B

#10: Sergey Brin, 37.5B

Zuckerberg, Bloomberg, and Brin, would have been called “Jews” by Adolf Hitler’s Nuremberg Laws (and, since Wikipedia’s censored article there ignores what the implications of being a “Mischlinge” or “mixed-race” person were, here’s that), which I presume is the standard, for what a “Jew” is, that those reader-comments were accepting and applying by their use of the term “Jew” — but those commenters didn’t indicate what they meant by “Jews.” One can only guess, but this seems to be the intent of those most-popular comments. If that’s what they were referencing, then 3 of the top 10 are probably “Jews.”

Next:

#11: Jim Walton, $35.6B

#12: S. Robson Walton, $35.5B

#13: Alice Walton, $35.4B

#14: Sheldon Adelson, $31.8B

#15: Steve Ballmer, $27.5B

#16-17: Jacqueline Mars, $27B

#16-17: John Mars, $27B

#18: Phil Knight, $25.5B

#19: George Soros, $24.9B

#20: Michael Dell, $20B

Adelson, Soros, and Dell, would probably have been treated as “Juden” in Hitler’s Germany.

Next:

#21: Paul Allen, $18.9B

#22: Len Blavatnik, $18.2B

#23: Laurene Powell Jobs, $17.7B

#24: James Simons, $16.5B

#25: Ray Dalio, $15.9B

#26: Carl Icahn, $15.7B

#27: Donald Bren, $15.2B

#28: Charles Ergen, $14.7B

#29: Abigail Johnson, $13.2B

#30: Harold Hamm, $13.1B

Blavatnik, Simons, Icahn, and Bren, probably would have qualified.

#31: Steve Cohen, $13B

#32: Thomas Peterffy, $12.6B

#33: Ronald Perelman, $12.2B

#34: Elon Musk, $11.6B

#35: David Tepper, $11.4B

#36: Eric Schmidt, $11.3B

#37: Lucas Walton, $11.2B

#38: Rupert Murdoch, $11.1B

#39-40: Philip Anschutz, $10.8B

#39-40: Jim Kennedy, $10.8B

Cohen, Perelman, and Tepper, probably would have qualified.

So, amongst the richest 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the Forbes 400 richest Americans — and that’s the richest 40 of them — 13, or 32.5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, would (or at least might) have qualified as “Jews” in Hitler’s Germany. The rest definitely would not. That isn’t “overwhelmingly jewish,” and it’s not even mostly Jewish (not nearly that); it is, instead, 32.5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} who are possibly ‘Jew’ish, in Hitler’s definition (which seems to be what the commenters are applying, though they didn’t say; perhaps they’re simply not intelligent enough to define their own central terms — and there’s no way of knowing whether, for example, converts to Judaism are “Jews,” to them).

However, what about the 67.5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}+, who are non-‘Jews’, and all of whom would have qualified as “Aryans” under Hitler. Why do these readers, who had commented, ignore those “aristocrats” (who still are among the people that really control America)? My article was about “the aristocracy,” not about “the Jews” — not at all. Why are so many readers obsessed with ‘Jews’, as being subjects for special blame, absolving all non-‘Jews’ — even non-‘Jews’ who are far richer than 99.9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of Jews (according to any definition)? And, why are they blaming those 99.9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} who are ‘Jews’, but who are not at all super-rich? Where does this religious (or is it racist?) hatred come from? It certainly is counter-factual (in any case). It certainly is delusional. And it certainly is harmful — and not only to Jews. It mis-focuses blame. The same thing happened in the U.S. Jim-Crow-era South, by the many lynchings of innocent Blacks. Everyone suffers bigots — of every type.

And, of course, there are bigots of every type — some are Whites, some are Blacks, some are Jews, some are Christians, etc. The group is irrelevant. So, why do so many people even raise that issue, which isn’t actually an issue, at all?  Slavery in the United States (and the slave-trade) was originally a business owned by the British King, but then became more generally a business owned by the British aristocracy, and subsequently became a business owned by the emerging U.S. aristocracy — and all of these were almost exclusively Christian aristocrats, despite bigots’ emphasis upon the Jews who participated — so, how can any person who has a brain, simply ignore the barbarizms by the Christians who constituted the vast majority of America’s aristocracy, throughout American history. There are good and bad people of all religions, and of no religion, and of every nationality. The group is irrelevant.

Read More @ WashingtonsBlog.com

LIES, LIES & OMG MORE LIES

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by Jim Quinn, The Burning Platform:

“There are three types of lies — lies, damn lies, and statistics.” – Benjamin Disraeli

Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation. I don’t know how I could survive without 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} inflation reducing my purchasing power.

This week they reported year over year inflation of 1.9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Just right to keep Janet from raising rates and keeping the stock market on track for new record highs. According to our beloved bureaucrats, after they have sliced, diced, massaged and manipulated the data, you’ve experienced annual inflation of 2.1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} since 2000. If you believe that, I’ve got a great real estate deal for you in North Korea on the border with South Korea.

“Lies sound like facts to those who’ve been conditioned to mis-recognize the truth.” ― DaShanne Stokes

Ignore that silly Shiller PE ratio far surpassing 1929 and 2007 levels. Ignore every historically accurate valuation method showing the stock market 70{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} to 129{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} overvalued. Wall Street shysters like Jamie Dimon, faux financial analysts, corporate media talking heads and even Donald Trump tell you this time is different. Tax cuts, amnesty for illegals, more wars, and eliminating the debt ceiling will surely spur massive economic growth. Trillion dollar deficits are always bullish. Making America Great with More Debt should drive the stock market to 30,000 in no time.

All is well. Real median household income just surpassed the level achieved in 1999. Think about that for a second. It took seventeen years for the average American family to get back to a household income of $59,000. The $59,000 of household income in 2017 doesn’t quite go as far as it did in 1999, with even BLS manipulated inflation showing an 87{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in medical costs, 80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in energy costs, 51{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in food costs, 53{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in housing costs, and a 115{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in college education. And of course the BLS changed their methodology, boosting household income by $1,700 in 2013. So, in reality it is still below 1999 levels.

When you consider 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of all households make less than $59,000, have not benefited one iota from the Fed/Wall Street debt engineered stock bull market, have less than $1,000 in savings, and less than $50,000 of retirement savings, you realize your Deep State masters must propagandize economic data and manipulate inflation and unemployment figures to keep the masses confused, deluded, and misinformed. The Big Lie is their strategy of choice.

The lies built into the politically motivated CPI figure are designed to screw senior citizens, bond investors, and average hard working Americans who depend upon annual salary increases to keep their heads above water. Corporations are able to point to the low levels of CPI as the reason they don’t need to provide higher salary increases. The government can get away with providing little or no Social Security increases to senior citizens by purposely under-reporting inflation based upon academic theories put forth by captured Ivy League pinheads paid off by the Deep State.

Read More @ TheBurningPlatform.com

Vladimir Putin and Russia versus Zionist Fairytales

by Phil Butler, New Eastern Outlook:

Did you read the latest news that Vladimir Putin is rich and evil? Oh, you don’t read anymore, more power to you. Fake news has it that the Russian president has a new “secret” holiday mansion worth untold millions. Furthermore, some of the stories tell of Putin being the world’s richest and most evil man. For those of you who do not believe in fairytales, here’s a candid look at what Russians are really up against.

My initial reaction to reading “Drone footage shows Putin’s secret island mansion” at 9 News Australia was, “So what if the leader of Russia is rich?” I would have skimmed the article and moved on but for a familiar name popping up. I’ll get to the ousted industrialist shark Bill Browder in a minute, but first it’s important for readers to understand that Putin actually has little need of money in the traditional sense. Every financial magazine, every expert, and hordes of guessing investigators have tried for years to count Vladimir Putin’s gold, and to no avail. Some say he is worth more than Bill Gates and Jeff Bezos combined, but nobody can trace down this immense wealth. Amid all the speculation as to “why” the Panama Papers could not convict Putin, the pointedly obvious shines through. Nobody can trace Putin’s fortune because there isn’t one. But this is fodder for another story, let me move on to the latest Alexei Navalny fairytale and to this Browder character cited in the Australian piece.

I needn’t outline the role and the character of Alexei Navalny again here. The blogger who would be kind of Russia was last seen fueling up his drones for another flyby of Sergey Shoygu’s super secret space station home. Having attempted to label Russian Prime Minister Dmitry Medvedev a criminal for the places he’s vacationed at, Navalny seems unable to stop himself proving the insignificant. I think the best reason for Russians to ignore Putin’s biggest detractor is the simple fact he knows nothing of Russian people. Hey Navalny, heads up, Russians don’t care if Putin is rich, they only care if he does his job. Sorry, this western poster boy of change in Russia, he just sets me off. What an idiot. But let’s move on to another famous profiteer who Putin banished from Russia, the founder of Hermitage Capital Management, Bill Browder.

It’s amazing how western mainstream media and the politicians always turn to Putin haters to be experts or to get “proof” on the Russian leader. Haven’t you noticed yet how Russian mafia types like Yukos Oil oligarch Yukos Mikhail Khodorkovsky, and before him the now deceased Boris Berezovsky always pop up as “experts” on Putin? Isn’t it a bit strange that news media in the west never seem to cite people with a positive or moderate stance on Russia’s president? I am sure this coincidence is not because of the scarcity of pro-Putin experts. Whatever the reasoning, the Australian article fueled by Navalny’s drone footage dredges up another ousted financial crook who hates Putin’s guts. Most readers will identify Bill Broder with Hermitage Capital, but few will recall that the investment firm was also funded by one Beny Steimetz, the Israeli oligarch and financier just arrested (August 14) by Israeli and Swiss anti-corruption officials for widescale fraud and money laundering. The Russia privatization shark who was once Israel’s richest man is a subject for another report. I only bring him up here to point at two facets of this war on Putin. First, the Jewish connection in all this is something that just needs to come out. Secondly, the ring of profiteers bent on Putin’s demise all have gigantic skeletons in their wardrobes. A story citing one Putin hater, when investigated, always leads to ten more. This is no coincidence.

Back to Browder, his Hermitage was at one time was the largest foreign portfolio investor in Russia. That was before Vladimir Putin put a stop to the rape of Russia’s legacy and the theft of her assets. This is undeniable fact, and even the lowliest of Russian peasants know it by now. Browder, a Chicago Jew, set out to profit from Russian privatization after Yeltsin, but was thwarted like other sharks when Putin’s hammer fell on other mafiosos. RICO suits, libel cases, tax evasion charges, and ties to some of the seediest characters in world finance highlight the man who pushed the now famous Magnitsky Act into US foreign policy play. It’s no coincidence that Browder has emerged as a central player in the ongoing investigation of Russian interference in the 2016 elections. The privateer who made billions off Russia privatization turned into a human rights activist, and now he’s bent on seeing Donald Trump impeached!

The reader might be surprise to discover the source of the statement “Russia is more dangerous than ISIS” was actually Bill Browder, rather than rabid Arizona Senator John McCain. Or was McCain first? Both Russia haters told reporters of the grave danger to the US at the same time actually, back in May of 2017. Perhaps the narrative of US war hawk politicians and ousted financial henchmen has become just that convergent, but I somehow doubt the coincidence. Both Browder and McCain contend that Russian President Vladimir Putin used the country’s primary security agency, the Federal Security Service (FSB), to meddle in the U.S. presidential election, but neither has shown any proof of their claims. I mention this “coincidental” melding of message for obvious reasons. Or maybe McCain and Browder are now pals as this Browder Tweet on McCain returning to the Senate to do battle against Russia after his hospital stent. What’s most amazing to me is the way FOX and other networks readily use Browder and other suspected criminals without searching out counter arguments for their stories. Maybe Rupert Murdoch can answer that one. And so on, and so on, and so on…

Every time I start researching for one of these stories I end up in a deep and dark rabbit hole of collusion and confusion. In each and every case I end up with Vladimir Putin stoically defending a position against wild assertions with no proof whatsoever. The big picture of the “game” by now is like watching a schoolyard name calling and finger pointing contest. The iconic bullies and thugs are on one end of the yard, while their target stands virtually alone looking as innocent as a lamb for a variety of reasons. It’s become ridiculous, but there’s always more.

A story by Kevin Alfred Strom at the National Vanguard, which was originally published back in 2004, adds light to a facet of the Russia privatization profiteering, and ties into some recent stories of my own here on NEO. “The Silent Coup: Putin vs. the Oligarchs” deals with these ousted oligarchs and the western investors intent on carving up Russia after the wall came down. But more importantly, the piece cites Putin on the case of Jewish mafiosos always seeming to play a role. The story of influence by Israel, AIPAC, and a cadre of Jewish billionaires converge when Strom cites Vladimir Putin in his story. Notable Jewish figures like Boris Berezovsky, Mikhail Friedman, Vladimir Gusinsky, Mikhail Khodorkovsky, and Alexander Smolensky are highlighted in the story alongside Putin’s lesser publicized views on Zionists in Russia at the time of privatization. The piece also points out the Russian people’s utter hatred for most of these Jewish oligarchs, a hatred that has absolutely nothing to do with anti-Semitism by the way. Since Putin seized the Rothschild/Khodorkovsky share of Yukos Oil, Russia has been divesting herself of the only Zionist plot that matters, the ending of Jewish mafia/oligarch control of the country. Not many readers will realize the that Russia’s Central Bank (CBR) is a member of Rothschild BIS.

Read More @ Journal-NEO.org

Are Facebook and Google the New Colonial Powers?

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by Charles Hugh Smith, Of Two Minds:

To qualify as colonial powers, Facebook and Google must effectively limit the choices and power of users, and punish or coerce those who question or resist their power.

I was struck by a phrase from a recent essay on advertising and social media,You Are the Product: As Taplin points out, that remark ‘unwittingly revealed a previously unspoken truth: Facebook and Google are the new colonial powers.’

As you’ve no doubt noticed, the dominance of Facebook and Google in online advertising is now “in the news” for a variety of reasons: the possibility that agents of other governments influenced U.S. elections with media buys on Facebook; anti-trust concerns; the potential for these advert-tech giants to effectively silence legitimate online voices under the guise of limiting “fake news”, and of course, the ongoing issues of click fraud and the underperformance of digital ads.

The phrase that captures this broad narrative is: When an online service is free, you’re not the customer. You’re the product.

In other words, if you’re not paying for the service or content, then your information (harvested by Google, Facebook, et al.), your time online (i.e. your attention, a.k.a. eyeballs) and the content you create and post for free (videos of your cute cat, etc.) are the products being sold to advertisers at a premium.

The characterization of the two dominant digital-advert giants as new colonial powers is interesting on a number of fronts. To get a handle on a few of the issues, I recommend reading these two essays:

A Serf on Google’s Farm

Lost Context: How Did We End Up Here?

And watching this video on the archiving of digital information on individuals–includingmeta-data, that is, data about your behaviors, transactions, posts, etc. that have been scrubbed of your identity markers (name, account numbers, etc.)

Haunted by Data – Maciej Ceglowski (via GFB)

The key dynamics of colonialism for the residents are 1) a lack of choice and 2) a lack of power: the colonial power imposes a regime, either formally or informally, that limits the choices enjoyed by residents and limits their power to bypass or replace the colonial regime.

In the classic Plantation Economy of overt colonialism–a topic I’ve discussed numerous times here–residents are stripped of any options other than working on the plantation and buying their goods at the plantation store. This coercion need not be direct; the colonial regime can strip residents of choice and power by making it impossible to live without cash, for example, and then providing one source of paid work: the plantation.

Once cash is necessary to live, then credit is introduced–but only if you buy at the company store.

I’ve also written extensively about the Neo-Colonial Model in which corporations and banks bring the colonial model of exploitation to the home country, stripmining the domestic populace via dependence on credit.

Welcome to Neocolonialism, Exploited Peasants! (October 21, 2016)

Greece and the Endgame of the Neocolonial Model of Exploitation (February 19, 2015)

The E.U., Neofeudalism and the Neocolonial-Financialization Model (May 24, 2012)

This model is also used in the developing world, where it has replaced the old overt form of Colonialism with the new and improved credit-based version.

To qualify as colonial powers, Facebook and Google must effectively limit the choices and power of users, and punish or coerce those who question or resist their power. As the dominant corporations in search, social media and digital advertising, Facebook and Google limit the options of users simply by being essentialdue to their dominance.

As for punishing users–the potential to do so is what’s worrying observers.The cover for silencing or banning critics is opaque: non-compliance with guidelines. So who’s to say that users who criticized or questioned the policies of Facebook and Google aren’t silenced along with click-fraudsters, “fake news” purveyors, etc.? Who gets silenced is completely up to the companies, and there is no recourse to the corporation’s opaque judgment.

The Orwellian possibilities are real enough.

Here’s a look at the digital advert market:

Read More @ OfTwoMinds.com

 

China, Russia Call on U.S. To Conduct Diplomacy, Not Threats, over North Korea; LaRouche Stresses, U.S. Holds the Key

from LaRouche PAC:

The United Nations Security Council yesterday issued a statement of condemnation of the latest missile firing by North Korea. Since then, a number of spokesmen for China and Russia, calling for a response of calm, have specifically spoken out that the United States should stop threatening North Korea, and resume diplomacy. In fact, Russia’s Ambassador to the U.N. Vasily Nebenzya, underscoring the need for negotiations, proposed yesterday the possibility for UN Secretary General Antonio Guterres playing a mediating role with North Korea and other nations. This should be considered, Nebenzya said.

Lyndon LaRouche, briefed on these statements, concurs that, the U.S. holds the key to the North Korean situation. He said that this view is on the mark, and reiterated that the problem can be solved only through dialogue and political means. The proposal about Guterres is sound, he said.

Amb. Nebenzya stated that there is no way out of the North Korean crisis other than the political and diplomatic one. He made reference to the fact that the U.S. has called on Russia and China to comply with the new sanctions against North Korea under Resolution 2375, while likewise, Nebenzya called on the U.S. to implement the other part of the resolution, mandating political measures to resolve the crisis.”We said we are a responsible member of the international community and we fulfill the UN Security Council’s resolutions diligently, but this resolution also stipulates the political measures that also should be fulfilled,”Nebenzya said according to TASS.”That’s why we urged the Americans and other partners to fulfill the political and diplomatic decisions the resolution spelled out.”Further, he said that,”We’ll consider their non-fulfillment as non-compliance or insufficient compliance with the resolution.”

China’s Ambassador to the United States Cui Tiankai has also spoken out. He said the U.S. should stop threatening North Korea and begin negotiations.”They [the US] should refrain from issuing more threats. They should do more to find effective ways to resume dialogue and negotiation.”He said this to reporters in Washington, D.C. yesterday, according to today’s Guardian.“Honestly, I think the United States should be doing much more than now, so that there’s real effective international cooperation on this issue.”

In Beijing, a Chinese Foreign Ministry spokeswoman said China opposed the D.P.R.K.’s missile launch, but also urged the U.S. to change its tactics towards Pyongyang.”China is not to blame for the escalation of tensions. China does not hold the key to resolving the Korean Peninsula nuclear issue, either. Those who tied the knots are responsible for untying [them].”

On the U.S. side, National Security Advisor H.R. McMaster said:”We have been kicking the can down the road and we’re out of road. For those who have been commenting about the lack of a military option, there is a military option. Now, it’s not what we prefer to do, so what we have to do is call on all nations to do everything we can to address this global problem, short of war.”

Read More @ LaRouchePAC.com

Recorded: “Moderate” Muslim Preacher to Children: Martyrdom is Better than Success at School

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by Onan Coca, Freedom Outpost:

As if you needed more evidence that there was no such thing as “moderate” Islam, along comes proof that Islam is just different degrees of extremism.

A so-called moderate mosque in England is under fire after an undercover police officer recorded their imam encouraging his parishioners and their children to join ISIS.

Kamran Sabir Hussain, 40, was recorded on 17 different occasions delivering sermons wherein he encouraged the people listening to join ISIS and embrace martyrdom.

From the Daily Mail:

On September 2 last year, he allegedly told nine children and 35 adults that martyrdom was the ‘supreme success’, greater than any other such as school or college.

Those who died ‘fighting for Allah’ had nothing to fear because they would be forgiven, he is claimed to have said. They would be martyrs in paradise hated by no one except ‘unbelievers’ and hypocrites.

In front of a congregation of ten to 15 children under the age of 15 and about 25 adults on August 19 last year, Hussain allegedly said the Government funded groups such as the English Defence League and Britain First to insult Muslims, attack them and put them down.

‘The kuffar [unbelievers] will attack you and kill you,’ he added. ‘Stand up and be ready to sacrifice, be ready to stand in the face of the elements of shaytan [satan], be ready to spill blood and have your blood spilt’…

‘Some of the sermons, however, strayed beyond mainstream moderate Islamic thought and moved into support and encouragement to those carrying out acts of terrorism.’

The court heard that in March last year Hussain posted a ‘chilling message’ on social media in which he said the ‘Khilafah’ – a reference to IS – was ‘knocking on your door and the fulfilment of Allah’s command is near and if you don’t like it and are enraged by it, then our message to you is simple: “Die in your rage.’’’

In another post, he wrote that Islam ‘is the light of Allah, pre-destined to eliminate the darkness of kufr’ [non-believers]…

The sermon echoed a recording made at a demonstration in which someone was heard saying: ‘Inshallah [God willing], we will see the black flag of Islam over Big Ben and Downing Street’.

The preacher has been arrested and now faces two charges of encouraging support for ISIS and six counts of encouraging others to commit acts of terrorism.

While the imam is not known to have committed acts of violence against non-Muslims, the fact is he can be heard encouraging the people in his mosque to embrace terror and violence as a tool in the battle against the infidels (that’s us folks).

Even worse, and something that the Daily Mail article does not discuss, is the fact that the imam was preaching this filth on a regular basis and the people in his congregation said nothing, did nothing to stop him.

The undercover officer recorded 17 different sermons where the imam could be heard exhorting his people to engage in violence against the nonbelievers.

Read More @ FreedomOutpost.com

UNDER STRESS

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from Stefan Molyneux:

Operation Freedom – Sunday, September 17, 2017 – Rob Kirby, Catherine Austin Fitts and Turd Ferguson

by Dave Janda, Dave Janda:

Topics Discussed: Technocracy, Globalist Syndicate, Counter-terrorism, Domestic terrorists, Trump Care, ObamaCare, Manipulation of financial markets, Benghazi, New World Order Syndicate, Obama Care, Free Market Health Reform, Putin, The Ukraine, ISIS, Syria, The Constitution, Natural resources, Reserve currency, Corruption, gold, silver, Global Elite, International Banking Cabal, debt, Federal Reserve, Too Big To Fail Banks, Crony Capitalism, Debt Ceiling, Financial implosion, Recession, Economic Depression, Freedom, Liberty

Click HERE to listen to Rob Kirby

Click HERE to listen to Catherine Austin Fitts

Click HERE to listen to Turd Ferguson

Read More @ DaveJanda.com