Tuesday, July 7, 2020

The Internet Crackdown Begins: U.S. Senator Al Franken Wants Google, Facebook And Twitter To Censor Political Speech

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by Michael Snyder, End Of The American Dream:

Are the days of the free and open Internet numbered?  The Internet is certainly used for all sorts of horrible things, but it has also allowed ordinary people to communicate on a mass scale that would have been unimaginable decades ago.  In the old days, if you wanted to reach large audiences of people with your information you always had to go through corporate gatekeepers.  But today, anyone with an Internet connection can literally broadcast whatever they want to say to the whole world.  Personally, my wife and I have always been amazed at how many people we are able to touch all over the planet from our little home in the mountains.  Over the past seven years our websites have been viewed more than 100 million times, and we receive emails about our work from people all over the globe.

Unfortunately, major changes may soon be coming to the Internet.  The election of Donald Trump really angered the elite, and they are blaming the power of the Internet for his victory.  They insist that something must be done “for the good of democracy”.

For example, in an opinion piece for the Guardian, U.S. Senator Al Franken proposed that it is time for the U.S. government to step in because Google, Facebook and Twitter have failed to prevent the spread of propaganda, misinformation, and hate speech

As lawmakers grapple with the revelations regarding Russia’s manipulation of social media during the 2016 election, many are shocked to learn the outsized role that the major tech companies play in so many aspects of our lives. Not only do they guide what we see, read, and buy on a regular basis, but their dominance – specifically in the market of information – now requires that we consider their role in the integrity of our democracy.

Last week’s hearings demonstrated that these companies may not be up to the challenge that they’ve created for themselves. In some instances, it seems that they’ve failed to take commonsense precautions to prevent the spread of propaganda, misinformation, and hate speech.

Those are very ominous words.

So precisely what would constitute “propaganda”, “misinformation” or “hate speech”?

When you start regulating speech, you cross a very dangerous line.  There is a reason why our founders guaranteed us freedom of speech in the Bill of Rights, because if we don’t have the freedom to say what we want then what do we really have left?

During the presidential election, there was a lot of talk about Hillary Clinton’s health.  The mainstream media insisted that she was just fine, and they accused those of us in the alternative media that were questioning her health of engaging in “propaganda” and “misinformation”.  Well, it turns out that we now know that Clinton’s health was so bad that Donna Brazile was actually considering replacing her as the nominee, and so it was actually the mainstream media that was putting out “propaganda” and “misinformation”.

Any effort to institute some sort of “truth police” would take us significantly down the road to totalitarianism, but apparently that is what Franken wants.  In fact, he is openly suggesting that it is time for government regulators to step in

Instead of simply trusting the big tech companies to police how their services are being used and abused, Franken suggested that regulators need to step in. Lawmakers should take a closer look at the influence technology plays in the everyday lives of Americans by conducting “vigorous oversight in the form of investigations and hearings to fully understand current practices and the potential for harm,” the Minnesota senator said.

“I’m hopeful that recent events will encourage regulators, as well as a broader contingent of my colleagues — on both sides of the aisle — to give this issue the attention it deserves,” he said.

So once government regulators begin regulating speech on the Internet, where will it end?

Will everything that we do on the Internet have to be evaluated for “truthiness” before it is allowed to be posted?

And who decides what the “truth” actually is?

Read More @ EndOfTheAmericanDream.com

THINGS THAT MAKE YOU GO “HMMM…” THE JFK DOCUMENTS

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by Joseph P. Farrell:, Giza Death Star:

Yesterday I blogged about that JFK documents release, and the curious presence within the tranche of documents of a Hitler survival sighting in South America that was passed through the CIA’s chain of reportage. My fundamental problem with the document was not what it was reporting, but rather that it was part of the JFK release at all. What does Hitler’s survival possibly have to do with the JFK assassination. Well, obviously in my opinion, it has a great deal to do with it because I argued for a fascist presence and involvement in it in my LBJ and the Conspiracy to Kill Kennedy.  One could, I argued yesterday, take the document as a bit of deliberately planted “fake stuff” for the purpose of having a bit of fun at the expense of people like me. But as I noted yesterday, I don’t think this document’s presence in the tranche of documents released was merely “accidental misfiling” or a case of “planted documents” (for whatever purpose,”fun” or otherwise), but was a document somehow genuinely linked – in the intelligence community’s mind – with the assassination. Why?

Very simple: there are a number of odd “fascist details” hovering in the JFK assassination, from Jack Ruby’s curious statements about Fascism in the assassination, to Lee Harvey Oswald’s strange associations with it, from Marine buddies overhearing him speaking German, to the presence of the name, address, and phone number of George Lincoln Rockwell – president of the American Nazi Party – in his notebook, to even stranger connections in New Orleans involving Dr Mary Sherman, famous Cancer Society president Dr Alton Ochsner (and his strange fascist connection to his most infamous patient, Juan Peron), and so on. Given the other fascist traces in evidence in the JFK assassination, I argued that the presence of the Hitler survival document in the tranche was not accidental, nor a bit of deliberate obfuscation, but rather a reflection of an overall pattern.

Well, the same sort of argument might be applied to this article shared by Mr. V.T.:

Interestingly enough, one document confirms the CIA link to the mafia (well-known and discovered and adequately argued by JFK assassination researchers decades ago), by mentioning a CIA briefing on the same subject given in 1961 to then Attorney General Bobby Kennedy. Additionally, there is, toward the end of the article, mention of “Operation Mockingbird,” the agency’s infiltration of major media outlets, and specifically one such journalist was covering the assassination in a prominent American newspaper, a point which raises questions of its own concerning the appearance on American talk radio of certain individuals pushing the Warren Report narrative in the wake of the documents release.

What really struck me however, is again the strange presence of documents having to do with mind control in a supposedly JFK documents release. Again, is this simply a case of “misfiling” or “deliberate obfuscation”, or is the topic somehow germane to the murder of President Kennedy.

Again, the same type of argument as employed for the weird presence of the Hitler survival document seems to be employable here as well, for some assassination researchers have pointed out the strange presence of possible mind control in the midst of everything else, particularly in the case of Jack Ruby. After having shot the alleged assassin of the President on national television during a “routine prisoner transfer”, Ruby was hustled upstairs to the holding cell (the very one that Oswald had just left!), where for quite some time he appeared to be nervous, agitated, out of sorts… and then, when informed that Oswald had died and that it looked like “it would be the (electric) chair” for him, Ruby, rather than becoming more distraught and upset with this news, instead became quite calm and seemed almost relieved. The strange behavior led some to speculate that perhaps Ruby was under some sort of mind control.

… and then, of course, there is the President’s brother, Attorney General and later Senator Robert Kennedy, and his assassin, Sirhan Sirhan…

Read More @ GizaDeathStar.com

MATT DRUDGE: Zucker ‘Out’ at CNN Due to Abysmal Ratings, ‘Personal’ Feud with Trump

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by Cristina Laila, The Gateway Pundit:

Matt Drudge, founder of the highly influential Drudge Report said on Thursday that Jeff Zucker is out at CNN due to abysmal ratings and personal feud with President Trump.

“Jeff Zucker out either way at CNN, primetime ratings abysmal. Feud with President Trump too personal and ridiculous…” tweeted Matt Drudge on Thursday.

Rumors have been swirling recently about Zucker’s departure from CNN.

Zucker was named president of CNN back in 2012. He came under fire after CNN published a false story about Trump’s camp and their connections to Russia which resulted in a huge retraction and firing three employees.

James O’Keefe also caught CNN producers undercover admitting the Russian collusion story is ‘bullsh*t’ and Zucker only pushes the false narrative for ratings.

Read More @ TheGatewayPundit.com

Russia to UN Security Council: Report on Chemical Attack in Syria Is Full of “Systemic Deficiencies”

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from Russia Insider:

Which is why Russia shut down the biased attempt to railroad Syria posing as a UN investigation

The OPCW-UN investigation into the chemical attack in Syria’s Idlib province is littered with “systemic deficiencies,” Russia’s deputy UN envoy has told the UN Security Council, reiterating that Moscow maintains the April 4 incident was staged.

On October 26, the OPCW-UN Joint Investigative Mechanism (JIM) issued a report in which it pinned blame for the Khan Shaykhun incident on Damascus. With JIM’s mandate set to expire on November 16, Russia criticized the methodology of the UN fact-finding mission, casting doubt on the mandate’s extension.

“Without a comprehensive change it will become a tool to settle accounts with the Syrian authorities,” 

Russian deputy representative to the United Nations, Vladimir Safronkov, told the Security Council.

America’s UN envoy, Nikki Haley, meanwhile tried to rally other members of the UN Security Council (UNSC) to renew JIM’s mandate. 

“Anyone who prevents us from achieving this goal is aiding and abetting those who have been using chemical weapons,” 

she said.

“They are helping to ensure, not just that more women and children will die, but that those women and children will die in one of the cruelest, most painful ways possible.”

After carefully reviewing the “deeply disappointing” conclusions of the probe, Moscow blasted the report which it believes is full of “systemic deficiencies” and speculation, and drawn from statements by questionable sources. Noting that JIM’s report cannot withstand any “serious criticism,” the Russian diplomat said the UN team did not even consider Moscow’s version of events, according to which the entire incident was “choreographed.”

Moscow questioned the validity of biomedical and other samples that were obtained at the scene of the alleged attack. JIM’s report, which is “full of omissions, inconsistencies and contradictions is very mediocre,” Safronkov said. “They did not comply with the basic principle of the chain of custody of the material evidence.”

Russia also accused JIM of implementing their mandate “very selectively without the use of the whole range of methods,” which requires first and foremost “collecting samples, questioning witnesses and gathering evidence directly at the site of the incident.”

The JIM mission never actually visited the site of the alleged attack, Russia pointed out, saying the experts relied on evidence collected by the militant groups controlling the area. The investigation also failed to properly inspect the Shayrat Airbase, Moscow said, explaining that while the experts visited the Syrian airfield, they did not collect ground samples there.

“OPCW worked under the assumption that sarin gas was delivered by a plane, despite failing to gather samples at the Shayrat Airbase site, after finally consenting to visit the strip,” the Russian diplomat said, emphasizing that gathering samples at the base was “crucial to determine the attribution of responsibility.”

Read More @ Russia-Insider.com

Communist Drexel Professor Blames Texas Church Massacre On Whiteness, Had Previously Blamed White People For The Las Vegas Attack

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by Alex Thomas, SHTFPlan:

A controversial Drexel University professor, who is already suspended from campus over comments he made following the Las Vegas Massacre, is now arguing that the recent Texas church shooting was specifically caused by “whiteness” while also attacking news outlets who reported on his previous disgusting comments about the attack in Vegas.

In an interview with the left-wing show Democracy Now!, professor George Ciccariello-Maher once again shared his disgust for all white people while specifically pinning the blame for the church attack on the existence of whiteness itself.

“Whiteness is never seen as a cause, in and of itself, of these kinds of massacres,” Ciccariello-Maher said before adding, “despite the fact that whiteness is a structure of privilege and it’s a structure of power, and a structure that, when it feels threatened, you know, lashes out.”

The discussion, titled “What Makes White Men So Prone to This Kind of Behavior?”, then goes into a sort of rant about the dangers of white people feeling vilified which apparently causes them to conduct mass shootings.

Ciccariello-Maher was previously suspended from campus for a series of Tweets that blamed white people in general for the horrific Las Vegas attack.

Read More @ SHTFPlan.com

Podesta Email: “And Then The Bundys Showed Up”

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by Tim Brown, Freedom Outpost:

In the pile of emails released by Wikileaks, there was one from American Progress Action to Hillary Clinton campaign manager John Podesta that contained a brief reference to the Bundys.

The email address progress@americanprogressaction.org sent Podesta an email on January 11, 2016 with the subject line: And then the Bundys showed up.

The text of the email read as follows:After years of conflict, residents of Harney County, Oregon had finally begun to rebuild ties between ranchers and the federal government. Then the Bundys showed up. And, President Obama is leaving a seat open for shooting victims at tomorrow’s State of the Union address. In case you missed it, gun violence survivors speak out in this powerful video (editor’s note: tissues recommended).Additionally, there was a list of articles linked to Think Progress and at the top of the list was one titled How The Bundy Standoff Could Screw Over Ranchers .The article has been removed and has not been archived.

Keep in mind, this email was sent less than 2 weeks before Oregon State Troopers, alongside the FBI shot and killed LaVoy Finicum, also a rancher who stood alongside the Bundys at Bundy Ranch in Bunkersville in 2014 and at the Malheur Wildlife Refuge in Oregon in late 2015 and 2016.

This may also be insightful since we know from texts and emails that the White House, at the time, was in communication with the Oregon governor and helping to orchestrate the takedown of men who were simply exercising their constitutional rights, even to the point of killing one of them.

I reported on those documents in March 2016:

…Northwest Liberty News radio show, a bombshell from documents Jim White and I obtained indicates that the entire operation of January 26, 2016 goes up not only to Oregon Governor Kate Brown’s office, but even to the White House. Because of the language that was used in the documents by the officers, we speculated along with Red Smith of ShastaLantern.com and Paul Preston of Agenda21radio.com that the White House orchestrated the entire thing and that when it comes to calling the shots, we don’t look to Barack Hussein Obama Soetoro Sobarkah, but rather to Obama’s mama, Valerie Jarrett.

First, let me remind you that there are over 600 emails and texts that indicate the Governor Brown was in the loop on everything that was going on in Oregon during the protest at the Malheur Refuge, including some emails and texts that were directly from her. Second, due to newly released documents, we know that at least one Oregon State Trooper specifically acknowledged that the county to which the protesters were traveling on the day of LaVoy Finicum’s murder was a well-known “UN free zone.” The officer made the statement as though it was common knowledge, so does that mean that Harney County is not a “UN free zone”?

However, in those same documents, we have run across even more chilling and telling statements concerning where the command for the roadblock and the ambush came from.

If you pick up the radio show at the 7:00 mark here, then you will hear Red Smith detail what is in the documents.

In the deposition of another officer, he acknowledged that the authorization for the operation that led to the murder of LaVoy Finicum came from the “highest levels of national command authority.”

Now, national command authority in the united States applies to the President and the Secretary of Defense. Smith said he has only heard “national command authority” used in military terms. Keep in the back of your mind that our military has been given propaganda against such Americans as those that gathered at Bundy Ranch in 2014 and those that protested the unconstitutional land grab of the DC government and the Bureau of Land Management.

So, why was there a command coming from the White House regarding a small protest in Oregon? Furthermore, who actually issued that command? It has been said that Iranian-born Valerie Jarrett has been Obama’s closest adviser and the she was the one who talked Obama out of the alleged Osama bin Laden hit and later was the one that gave the stand down order in Benghazi. Could she be the one who issued the order for this particular action?

Jarrett is the one that told America that after the 2012 elections, the gloves would come off, and they have.

If the officer’s deposition was not enough, among the emails that came from Governor Brown’s office, she also made reference her own discussions with “national command authority.” Guess who that turned out to be? None other than Valerie Jarrett.

Read More @ FreedomOutpost.com

WikiLeaks Vault 8 Part 1: CIA Wrote Code To Impersonate Russian Anti-Virus Company Kaspersky

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by Aaron Kesel, Activist Post:

WikiLeaks has released part 1 of its new Vault 8 series following its popular and widely distributed Vault 7 series which exposed CIA spyware and malware capabilities.

The new release “will enable investigative journalists, forensic experts, and the general public to better identify and understand covert CIA infrastructure components,” the international whistleblower coalition wrote.

The CIA’s master virus control system known as “Hive” was exposed previously last April by WikiLeaks.

“Described as a multi-platform malware suite, Hive provides “customisable implants” for Windows, Solaris, MikroTik (software used in Internet routers), Linux OS, and AVTech Network Video Recorders, used for CCTV recording.

A 2015 user guide for the malware suite reveals the initial release of Hive was in 2010. The guide goes on to describes the software as having two primary functions – a beacon and interactive shell. Both are designed to provide a starting point for CIA cyber agents to deploy other tools that have been included in the WikiLeaks Vault 7 series release.

The implants communicate via HTTPS with the web server using a cover domain. Each cover domain is connected to an IP address that is hooked into a Virtual Private Server (VPS) provider. This forwards all incoming traffic to a ‘Blot’ server.

 

The redirected traffic is then examined to see if it contains a valid beacon. If it does, it’s sent to a tool handler, called a “Honeycomb.”

The CIA can then choose to initiate other actions on the targeted computer.

The user guide further details the commands that are available, including uploading and deleting files and executing applications on the computer.

“Source code published in this series contains software designed to run on servers controlled by the CIA. Like WikiLeaks’ earlier Vault7 series,” WikiLeaks wrote in a press release for the new Vault 8 series.

The release of Hive followed with wide-scale blowback against the CIA when security firm Symantec linked the agency and a hacking group Longhorn to 40 targets in 16 countries with many more expected to come. Longhorn has been active since at least 2011, according to Symantec, infiltrating targets in the financial, telecom, aerospace and natural resources industries. It has the markings of an intelligence-backed state attacker.

“The tools used by Longhorn closely follow development timelines and technical specifications laid out in documents disclosed by WikiLeaks,” a Symantec statement said.

The Longhorn group shares some of the same cryptographic protocols specified in the Vault 7 documents, in addition to following leaked guidelines on tacts to avoid detection. Given the close similarities between the tools and techniques, there can be little doubt that Longhorn’s activities and the Vault 7 documents are the work of the same group.

The latest leak is the CIA’s master infrastructure source code + logs for that malware control system created by its Embedded Development Branch (EDB.) and expands on the use of obfuscated spoofed tools to implicate another party in a cyber attack.

In March, WikiLeaks also released 676 files code-named ‘Marble’, which detailed CIA hacking techniques and how they can misdirect forensic investigators from attributing viruses, trojans and worms to their agency by using the source code of other languages as a scapegoat – in other words, false flag cyber attacks.

Read More @ ActivistPost.com

SO CURIOUS… Several of Top Saudi Officials Arrested Over Weekend Are Linked to Podesta Group

from Gateway Pundit:

On Sunday the Saudi Kingdom arrested dozens of princes, senior military officers, businessmen and top officials, including a well-known royal billionaire with extensive holdings in Western companies. The regime said it was part of a sweeping anti-corruption probe.

Vocal Trump critic and Clinton donor Prince Alwaleed bin Talal was arrested in the sweep.

Victory of Light posted a list of the top Saudi officials arrested this weekend.
 

Now this…

Several of these top Saudi officials are linked to the Podesta Group.

Read More @ GatewayPundit.com

Las Vegas shooting massacre: 3 things that make you go ‘Hmm’

by Dr. Eowyn, Fellowship of the Minds:

(1) WHY DID IT TAKE COPS 72 MINUTES TO BREAK INTO SHOOTER’S ROOM?

A new timeline of the October 1, 2017 Las Vegas shooting massacre shows police were outside alleged lone gunman Stephen Paddock’s room on the 32nd floor of Mandalay Bay hotel 12 minutes after the shooting started, but waited more than an hour to break into the room. (Daily Mail)

2) BROTHER OF LAS VEGAS SHOOTER IS LINKED TO THE 2016 ORLANDO GAY NIGHTCLUB MASS SHOOTING

In the early morning hours of June 12, 2016, a lone gunman named Omar Mateen killed 49 and wounded another 53 inside Pulse night club, a self-described gay dance club in Orlando, Florida, making it the worst mass shooting in the history of the United States — until the Mandalay Bay-Las Vegas mass shooting 14 months later.

Eric Paddock is a brother of alleged Las Vegas shooter Stephen Paddock, 64. Eric is 57 years old and lives in Orlando, Florida.

Talking about his brother before TV cameras, Eric wore a “Central Florida Community Arts” T-shirt.

Here’s the video, which shows the t-shirt to be authentic:

Shepard Ambellas of Intellihub discovered that the Chair of the Board of Central Florida Community Arts is a woman named Sara Brady.

 

Brady specializes in crisis management and is identified as a public relations representative on the onePULSE Foundation’s official website. Brady’s official website brags that she “has managed some of the biggest crisis and reputation management challenges in recent memory,” and has “worked with Pulse Nightclub after the shocking shooting that made news around the world in June of 2016.”

And oh, about the Orlando Pulse nightclub shooting, please see:

Orlando shooting: How we know it’s all a lie

(3) CEO OF MGM, OWNER OF MANDALAY BAY, SOLD HIS STOCKS BEFORE THE SHOOTING

The 43-stories Mandalay Bay hotel and casino in Las Vegas is owned by the Mandalay Resort Group (formerly Circus Circus Enterprises), one of the largest casino operators in the world whose properties also include the Luxor casino and hotel in Las Vegas next to Mandalay Bay. Curiously:

  • Five top floors of Mandalay Bay (floors 35-59) are occupied by the Four Season Hotel, which is owned by Bill Gates and Saudi Prince Al-Waleed bin Talal.
  • Another curious thing about Mandalay Bay is its numbering system: the hotel’s levels 40-43 are numbered as floors 60-63.

Read More @ FellowshipoftheMinds.com

 

 

Is He As Bad As Weinstein? Louis C.K.’s Movie Premiere Canceled in Advance of N.Y. Times Story

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MUST READ RELATEDLouis C.K. Crossed a Line Into Sexual Misconduct, 5 Women Say

by Katherine Schaffstall, Hollywood Reporter:

The ‘I Love You, Daddy’ screening was abruptly axed just hours before it was set to take place.

The New York premiere of Louis C.K.’s upcoming film, I Love You, Daddy, set for Thursday, has been canceled. Reps for the premiere, due to take place at the Paris Theatre, cited “unexpected circumstances.”

A source tells The Hollywood Reporter that a New York Times story on the comedian is about to break, and the premiere was canceled in case it is damaging. Additionally, Louis C.K.’s planned appearance on CBS’ The Late Show With Stephen Colbert was also canceled, with William H. Macy taking his place.

(After this story was originally published, The New York Times published an article by investigative reporter Jodi Kanter, who co-bylined the Oct. 5 Harvey Weinstein story, that included five women accusing C.K. of sexual misconduct. The comedian’s publicist, Lewis Kay, responded to the Times: “Louis is not going to answer any questions.”)

Louis C.K. wrote, directed and stars in I Love You, Daddy. The comedy-drama tells the story of a successful TV writer-producer who attempts to stop his 17-year-old daughter’s (Chloe Grace Moretz) growing admiration and relationship with a 68-year-old filmmaker (John Malkovich). The film also stars Pamela Adlon, Rose Byrne, Charlie Day, Edie Falco and Helen Hunt.

C.K. shot the film entirely in secret last June. He also financed the project and edited it as well. Dave Becky of 3 Arts produced the film alongside C.K., Vernon Chatman, Ryan Cunningham and John Skidmore. Tony Hernandez executive produced.

The film generated controversy following its premiere at the Toronto International Film Festival in September. TIFF programmers had screened it and given I Love You, Daddy a world premiere after C.K. surprised Toronto organizers, letting them know the film existed.

Controversial dialogue appears throughout the film, including the use of the N-word by C.K.’s character and multiple jokes about child rape. C.K. previously defended the inappropriate content to THR. “We’re depicting oxygen-rich people who live in these beautiful apartments and offices saying whatever they want,” he said. “Folks say shit to each other. You can’t think about the audience when you’re making the thing. If you do, you’re not giving them something that came out of your gut. You’ll be making something that you’re like, ‘Is this OK for you?'”

The film pays homage to the cinematic work of Woody Allen, particularly the 1979 film Manhattan. In the Allen film, a 17-year-old girl (Mariel Hemingway) begins a romantic relationship with a 42-year-old man played by Allen.

A common criticism of I Love You, Daddy is that the film parallels the long-standing sexual abuse allegations against Allen. “We’re at the bleeding edge of ‘That’s not OK to do now,’ but those people are still around,” C.K. said about dealing with the controversial topics in the film. “That’s a very interesting line to be on.”

Read More @ HollywoodReporter.com

Four Undeniable Signs That the American Economy Is Collapsing

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by Dave Hodges, The Common Sense Show:

There are four unmistakable signs that the American economy is in the midst of collapse”

  1. “Hooverville tent cities are appearing across the western United States.
  2.  The American banking empire is showing clear signs of impending collapse.
  3.  Key members of the elite are behaving like the elite of 1929 with regard to the Stock Market.
  4.  In a stunning development, the key members of the Federal Reserve are actually abandoing the dollar in facor of cryptocurrency.

The Economic Chest Pains Prior to the Heart Attack

A blind man who is paying attention could tell you that all the indicators are there with regard to the fact that an economic collapse is at hand. Let’s begin with the subtle signs which parallel the Great Depression.

We know that the make-shift tent cities emerged in great number during the Depression. They were often referred to as “Hoovervilles” in honor of the bumbling President that did everything wrong when the economic crisis first hit the country. Well, today in America, tent cities are appearing all over the western United States. In Seattle, for example, we are witnessing the proliferation of many high tech companies moving their headquarters to the city where the average home now costs over $700,000 and even rental apartments are reaching correpsonding highs as well. Subsequently there are many working people living in these cities.

Another set of chest pains before the heart attack are appearing in the economic sector in which Iran and China are embracing Bitcoin and other cryptocurrencies. This says a number of things. First, this is an admission that there is not enough gold in the world to cover the gold-for-oil scheme that has replaced the Petrodollar with regard to the purchase of oil (Editors Note: What is going to happen to the price of gold?). Secondly, the world is running from the dollar and this should signal that even your bank account is in dire trouble. Here is a brief summary of this developing scenario.

Read More @ TheCommonSenseShow.com

It Begins: Pension Bailout Bill To Be Introduced This Week

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from ZeroHedge:

Over the past year we have provided extensive coverage of what will likely be the biggest, most politically charged, and most significant financial crisis facing the aging U.S. population: a multi-trillion pension storm, which was recently dubbed “one of the most heated battles of a lifetime” by John Mauldin. The reason, in a nutshell, why the US public pension problem has stumped so many professionals is simple: for lack of a better word, it is an unsustainable Ponzi scheme, in which satisfying accrued pension and retirement obligations requires not only a constant inflow of new money, but also fixed income returns, typically in the 6{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}+ range, which are virtually unfeasible in a world where global debt/GDP is in the 300{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}+ range.  Which is why we, and many others, have long speculated that it is only a matter of time before the matter receives political attention, and ultimately, a taxpayer bailout.

That moment may be imminent. According to Pensions and Investments magazine, Democratic Senator Sherrod Brown from Ohio plans to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent.

The bill, which is co-sponsored by another Democrat, Rep. Tim Ryan, also of Ohio, could be introduced as soon as this week or shortly after. It would create a new office within the Treasury Department called the Pension Rehabilitation Administration. The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low interest rates. The one, and painfully amusing, restriction for borrowers is “they could not make risky investments”, which of course will be promptly circumvented in hopes of generating outsized returns and repaying the Treasury’s “bailout” loan, ultimately leading to massive losses on what is effectively a taxpayer-funded pension bailout.

The bill would also fund a program at the Pension Benefit Guaranty Corp. to finance any remaining needs of pension plans borrowing from the new program.

 

“Any money needed for the PBGC would be a tiny fraction of what it would otherwise be on the hook for if Congress fails to act,” said an analysis by Mr. Brown’s office.

Sen. Brown’s angle was naturally populist, and aimed squarely at those whose pensions are likely to recoup pennies on the dollar under the current investing climate: union workers. Brown told a group of retired Teamsters in Ohio on Monday that the bill will be out shortly.

“It’s bad enough that Wall Street squandered workers’ money — and it’s worse that the government that’s supposed to look out for these folks is trying to break the promise made to these workers. Not on our watch. We won’t allow that to happen,” he said.

No, instead what will happen “under his watch” is that funds collected from taxpaying Americans will be spent to satisfy the ridiculous retirement promises and obligations made over the past few decades, and while the immediate recipients of the funds, i.e. those looking at near-term retirement will be made whole, everyone else, i.e., taxpayers will lose.

And now that the machinery for pension bailouts is finally in motion, we look forward to the next, and possibly final, tear in the American social fabric, that between workers who can’t wait to retire to the generous pension promises (see “Why Illinois Is In Trouble – 63,000 Public Employees With $100,000+ Salaries Cost Taxpayers $10 Billion” and “Mapping The $100,000+ California Public Employee Pensions At CalPERS Costing Taxpayers $3.0B”), and all those other unluckly taxpayers, who will have to fund these promises.

Read More @ ZeroHedge.com

LAPD Investigating Corey Feldman’s Molestation Claims and Hollywood’s ‘Pedophilia Ring’

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by Jerome Hudson, Breitbart:

The Los Angeles Police Department is investigating actor Corey Feldman’s claims that he was molested as a child actor and theGoonies star’s claim that there are pedophiles preying on young children in the entertainment industry.

“Corey Feldman filed a report with the Los Angeles Police Department. There is no further information at this time, and his report is being investigated,” an LAPD spokesperson told the Daily Mail.

Feldman — who rose to fame in the 80s starring in several cult classics, including The Lost Boys and License to Drive — accused two men, including Jon Grissom, of sexually abusing him when he was a child.

“This guy on his Myspace page and his Facebook page has got pictures of me and Corey Haim,” Feldman said of Grissom in an appearance last week on Dr. Oz. “He still taunts it and flaunts it.”

Last year, Feldman revealed the “molestations” he suffered that came “from several hands” and confessed that his best friend and fellow former child star Corey Haim — who died of a drug overdose at age 38 in 2010 after years of addiction — suffered “direct rape … when he was 11.”

On Monday Feldman tweeted that he’d met with the LAPD’s Special Division.

“OFFICIALLY THE 1ST FORMAL REPORT EVER TAKEN ON ANY OF MY CASES, AS SBPD NEVER FOLLOWED UP BACK IN 1993, & HAS NO RECORD OF MY COMPLAINTS,” wrote Feldman. “THE LAPD WILL BEGIN AN OFFICIAL INVESTIGATION NOW! THINGS R HEATING UP, IM PRAYING 4 SAFETY! PLEASE HELP.”

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