Tuesday, May 21, 2019

Big Brother Is Coming for Bitcoin

by Jim Rickards, Daily Reckoning:

Interest in bitcoin is red-hot right now. It’s impossible to open a website, listen to a podcast or watch a video in the financial space without hearing about the meteoric rise in the price of bitcoin.

I know about the bitcoin frenzy firsthand.

I’m a frequent guest on financial television and do many online interviews. Sooner or later in almost every interview, the anchor will turn to me and say, “Jim, I have to ask, what’s your opinion on bitcoin?” And away we go.

The fact is I actually don’t like talking about bitcoin; it’s one of my least favorite topics. But I can’t avoid it!

Of course, bitcoin is just one of many cryptocurrencies. There are hundreds in total with names like ether, dash, dogecoin and blackcoin.

For convenience, I will refer to all cryptocurrencies here as “bitcoin.” But you should understand that the analysis offered applies to the other cryptos as well.

Maybe you know a “bitcoin millionaire” who bought 500 bitcoins a few years back for $50,000 and is now sitting on a bitcoin fortune worth over $2 million. It’s true, those people actually do exist.

While I’m not a fan of cryptocurrencies, I am a believer in the power of the technology platforms on which the cryptocurrencies are based. These are usually called the “blockchain,” but a more descriptive term now in wide use is “distributed ledger technology,” or DLT. There’s no denying that fortunes have been made and still will be made in various DLT applications.

When it comes to cryptocurrencies like bitcoin, I take a laissez-faire approach. Do your own thing. If you want some bitcoin in your portfolio as part of a diversified bundle of assets, that’s up to you. If you want to speculate in some of the other lesser-known cryptocurrencies, that’s fine, too. You might make a lot of money.

My only admonition is caveat emptor. Please take the time to understand how it works and what the risks are.

I am not a technophobe and I’m not a bitcoin basher. I understand bitcoin very well at a technical level. I’ve read the original technical papers on bitcoin from 2009 and many commentaries since.

I even worked with a team of experts and military commanders at U.S. Special Operations Command (USSOCOM) to find ways to interdict and disrupt ISIS use of cryptocurrencies to fund their terrorist activities and caliphate.

Read More @ DailyReckoning.com

Who Rules America?

by Prof. James Petras,  Global Research:

In the last few months, several competing political, economic and military sectors – linked to distinct ideological and ethnic groups – have clearly emerged at the centers of power.

We can identify some of the key competing and interlocking directorates of the power elite:

1. Free marketers, with the ubiquitous presence of the ‘Israel First’ crowd.

2. National capitalists, linked to rightwing ideologues.

3. Generals, linked to the national security and the Pentagon apparatus, as well as defense industry.

4. Business elites, linked to global capital.

This essay attempts to define the power wielders and evaluate their range of power and its impact.

The Economic Power Elite: Israel-Firsters and Wall Street CEO’s

‘Israel Firsters’ dominate the top economic and political positions within the Trump regime and, interestingly, are among the Administration’s most vociferous opponents. These include: the Federal Reserve Chairwoman, Janet Yellen, as well as her Vice-Chair, Stanley Fischer, an Israeli citizen and former (sic) Governor of the Bank of Israel.

Jared Kushner, (image above) President Trump’s son-in-law and an Orthodox Jew, acts as his top adviser on Middle East Affairs. Kushner, a New Jersey real estate mogul, set himself up as the archenemy of the economic nationalists in the Trump inner circle. He supports every Israeli power and land grab in the Middle East and works closely with David Friedman, US Ambassador to Israel (and fanatical supporter of the illegal Jewish settlements) and Jason Greenblatt, Special Representative for International negotiations. With three Israel-Firsters determining Middle East policy, there is not even a fig leaf of balance.

The Treasury Secretary is Steven Mnuchin, a former Goldman Sachs executive, who leads the neo-liberal free market wing of the Wall Street sector within the Trump regime. Gary Cohn, a longtime Wall Street influential, heads the National Economic Council. They form the core business advisers and lead the neo-liberal anti-nationalist Trump coalition committed to undermining economic nationalist policies.

An influential voice in the Attorney General’s office is Rod Rosenstein, who appointed Robert Muellerthe chief investigator, which led to the removal of nationalists from the Trump Administration.

The fairy godfather of the anti-nationalist Mnuchin-Cohn team is Lloyd Blankfein, Goldman Sach’s Chairman. The ‘Three Israel First bankerteers’ are spearheading the fight to deregulate the banking sector, which had ravaged the economy, leading to the 2008 collapse and foreclosure of millions of American homeowners and businesses.

The ‘Israel-First’ free market elite is spread across the entire ruling political spectrum, including ranking Democrats in Congress, led by Senate Minority leader Charles Schumer and the Democratic Head of the House Intelligence Committee Adam Schiff. The Democratic Party Israel Firsters have allied with their free market brethren in pushing for investigations and mass media campaigns against Trump’s economic nationalist supporters and their eventual purge from the administration.

The Military Power Elite: The Generals

The military power elite has successfully taken over from the elected president in major decision-making. Where once the war powers rested with the President and the Congress, today a collection of fanatical militarists make and execute military policy, decide war zones and push for greater militarization of domestic policing. Trump has turned crucial decisions over to those he fondly calls ‘my Generals’ as he continues to dodge accusations of corruption and racism.

Read More @ GlobalResearch.ca

Why Is The BIS Flooding The System With Gold?

0

by Dave Kranzler, Investment Research Dynamics:

A consultant to GATA (Gold Anti-Trust Action Committee) brought to our attention the fact that gold swaps at the BIS have soared from zero in March 2016 to almost 500 tonnes by August 2017 (GATA – BIS Gold Swaps). The outstanding balance is now higher than it was in 2011, leading up to the violent systematically manipulated take-down of the gold price starting in September 2011 (silver was attacked starting in April 2011).

The report stimulated my curiosity because most bloggers reference the BIS or articles about the BIS gold market activity without actually perusing through BIS financial statements and the accompanying footnotes.  Gold swaps work similarly to Fed repo transactions.  When banks need cash liquidity, the Fed extends short term loans to the banks and receives Treasuries as collateral.  QE can be seen as a multi-trillion dollar Permanent Repo operation that involved outright money printing.

Similarly, if the bullion banks (HSBC, JP Morgan, Citigroup, Barclays, etc) need access to a supply of gold, the BIS will “swap” gold for cash.   This would involve BIS or BIS Central Bank member gold which is loaned out to the banks and the banks deposit cash as collateral to against the gold “loan.”   This operation is benignly called a “gold swap.”  The purpose would be to alleviate a short term scarcity of gold in London and put gold into the hands of the bullion banks that can be delivered into the eastern hemisphere countries who are importing large quantities of gold (gold swaps outstanding are referenced beginning in 2010).

I wanted dig into the BIS financials and add some evidence from the GATA consultant’s assertions because, since 2009, there has been a curious inverse correlation between the amount of outstanding gold swaps held by the BIS and the price of gold (as the amount of swaps increase, the price of gold declines).   You’ll note that in the 2009 BIS Annual Report, there is no reference to gold swaps so we must assume the amount outstanding was zero. By 2011 the amount was 409 tonnes.

The gold swaps enable the BIS to “release” physical gold into the banking system which can then be used to help the Central Banks manipulate the price of gold lower.   This explains the jump in BIS gold swaps between March 2016 and March 2017 and the drop in the price of gold from August 2016 until early July 2017.  It also explains the rise in the price of gold between July and September this year, which correlates with a decline in the outstanding gold swaps between April and July .  Finally, the hit on gold that began earlier this month coincides with a sudden jump in BIS gold swaps in the month of August. (Note: there would be a short time-lag between the gold swap operation and the amount of time it takes to “mobilize” the physical gold)

The graphic below shows the increase in gold swaps from March 2016 to March 2017:

As you can see, the total amount of the gold loans outstanding increased by 14.1 billion SDRs (note: the BIS expresses its financials in SDRs). The accompanying note explains that most of this gold loan is comprised of an increase in the BIS’ gold swap contracts outstanding.

I find it interesting that the reports of gold backwardation in London (see James Turk’s interviews on King World News) and the backwardation I have observed between the current-month (delivery month) Comex gold contract and the London gold fixings over the past several months  correlates well with the sudden jump in gold swap activity at the BIS.

Backwardation in any commodity market indicates that the demand for delivery of the underlying commodity is greater than the near-term supply of that commodity.  It’s hard to ignore that the backwardation observed on the LBMA and with Comex gold delivery-month contracts has been accompanied by soaring gold demand from India, as reported by the Economic Times of India (article link):  Gold Imports Jump Three-Fold in April-August.

Furthermore, it appears as if the BIS gold swap activity continued to increase between March 2017 and August 2017, as the BIS’s August Account Statement  shows another 2.2 billion SDR increase in amount of outstanding gold loans (a BIS monthly account statement only reports the balance sheet with no accompanying disclosure). These loans primarily are swaps,  per the disclosure in the 2017 Annual Report.

Read More @ InvestmentResearchDynamics.com

High Ranking CIA Agent Blows Whistle On The Deep State And Shadow Government

0

by Aaron Kesel, DC Clothesline:

A CIA whistleblower, Kevin Shipp, has emerged from the wolves den to expose the deep state and the shadow government which he calls two entirely separate entities.

“The shadow government controls the deep state and manipulates our elected government behind the scenes,” Shipp warned in a recent talk at a Geoengineeringwatch.orgconference.

Shipp had a series of slides explaining how the deep state and shadow government functions as well as the horrific crimes they are committing against U.S. citizens.

Some of the revelations the former CIA anti-terrorism counter intelligence officer revealed included that “Google Earth was set up through the National Geospatial Intelligence Agency and InQtel.” Indeed he is correct, the CIA and NGA owned the company Google acquired, Keyhole Inc., paying an undisclosed sum for the company to turn its tech into what we now know as Google Earth. Another curious investor in Keyhole Inc. was none other than the venture capital firm In-Q-Tel run by the CIA according to a press release at the time.

Shipp also disclosed that the agency known as the Joint Special Ops Command (JSOC) is the “president’s secret army” which he can use for secret assassinations, overturning governments and things the American people don’t know about.

FBI warrantless searches violate the Fourth Amendment with national security letters, which Shipp noted enables them to walk into your employer’s office and demand all your financial records and if he or she says anything about them being there they can put your supervisor in jail or drop a case against themselves using the “State’s Secret Privilege law.”

“The top of the shadow government is the National Security Agency and the Central Intelligence Agency,” Shipp said.

Shipp expressed that the CIA was created through the Council on Foreign relations with no congressional approval, and historically the CFR is also tied into the mainstream media (MSM.) He elaborated that the CIA was the “central node” of the shadow government and controlled all of other 16 intelligence agencies despite the existence of the DNI. The agency also controls defense and intelligence contractors, can manipulate the president and political decisions, has the power to start wars, torture, initiate coups, and commit false flag attacks he said.

As Shipp stated, the CIA was created through executive order by then President Harry Truman by the signing of the National Security Act of 1947.

According to Shipp, the deep state is comprised of the military industrial complex, intelligence contractors, defense contractors, MIC lobbyist, Wall St (offshore accounts), Federal Reserve, IMF/World Bank, Treasury, Foreign lobbyists, and Central Banks.

In the shocking, explosive presentation, Shipp went on to express that there are “over 10,000 secret sites in the U.S.” that formed after 9/11. There are “1,291 secret government agencies, 1,931 large private corporations and over 4,800,000 Americans that he knows of who have a secrecy clearance, and 854,000 who have Top Secret clearance, explaining they signed their lives away bound by an agreement.

He also detailed how Congress is owned by the Military Industrial Complex through the Congressional Armed Services Committee (48 senior members of Congress) giving those members money in return for a vote on the spending bill for the military and intelligence budget.

He even touched on what he called the “secret intelligence industrial complex,” which he called the center of the shadow government including the CIA, NSA, NRO, and NGA.

Shipp further stated that around the “secret intelligence industrial complex” you have the big five conglomerate of intelligence contractors – Leidos Holdings, CSRA, CACI, SAIC, and Booz Allen Hamilton. He noted that the work they do is “top secret and unreported.”

The whistleblower remarked that these intelligence contractors are accountable to no one including Congress, echoing the words of Senator Daniel Inouye when he himself blew the whistle on the shadow government during the Iran-Contra hearings in 1987.

At the time Inouye expressed that the “shadow government had its own funding mechanism, shadowy Navy, and Air Force freedom to pursue its own goals free from all checks and balances and free from the law itself.”

Read More @ DCClothesline.com

Series Of Mysterious Area 51 Crashes Leaves ‘Red Hat’ Squadron Commander Dead And Experts Warning Deadly Plane Crash May Have A Russian Link – RED ALERT WW3 False Flag Warning!

by Stefan Stanford, All News Pipeline:

‘Anyone within the US government still pushing for a war between the US and Russia WANTS America’s total destruction.’

In this massively under-reported story over at the Air Force Times from September 8th they report that Air Force Lt. Col. Eric Schultz died on September 5th during a training mission near Nellis Air Force Base as also heard in the 1st video below from a local TV station. 

Interestingly as we learn in the video and this linked story from The Drive, the crash happened just a day before two additional crashes involving two A-10 Warthogs in the very same area. As The Drive story and the video report, the original crash had not been reported by the press or the US Air Force and it appears that another cover-up was underway. 

While fortunately, in the two A-10 crashes, the pilots were able to eject from their planes and thankfully survived their ordeals, nearly every story we’ve found on the original deadly crash has variations of the word ‘mysterious’ in it for a few very good reasons. First of all, the crashes have been tied to the nearby top-secret Area 51 and this new stunner, according to The Aviationist and their ‘unnamed sources’, highly experienced ‘Red Hat Squadron Commander’ Lt. Col. Eric Schultz was likely flying a Russian aircraft. 

From the Aviationist

In a story published late Monday, September 11, 2017 on AviationWeek.com, new information has been revealed about the type of aircraft that USAF Lt. Col. Eric Schultz, call sign “Doc”, may have been flying at the time of his mysterious crash 100 miles Northwest of Nellis AFB in the Nevada Test and Training Range. 

Speculation about the crash was fueled by Air Force media releases that did not indicate the type of aircraft that was being flown by Lt. Col. Schultz on Tuesday, September 5, 2017 when the accident occurred. There was also a delay in the story reaching news media that raised further questions since the accident was reported after another, unrelated accident involving two A-10s, was reported sooner.

AviationWeek.com correspondent Guy Norris wrote late Monday, September 11, that, “Sources indicate Schultz was the Red Hats squadron commander at the time of his death. The Red Hats became an unnumbered unit within the Detachment 3, AFTC test wing after the 413th flight test squadron (formerly 6513th test squadron) was deactivated in 2004. Over recent years the unit has operated a variety of Russian-developed combat types, including the MiG-29 and several Sukhoi-developed models such as the Su-27P, one of which was recently observed flying in the vicinity.” 

Whether the U.S. Air Force will follow-up with additional information in the crash of Lt. Col. Eric Schultz is unknown.  If Lt. Col. Schultz was involved in testing, evaluation and training with opposing forces aircraft in a classified program that remains ongoing the information may never be released. Additionally, the accident, if it did involve non-U.S. opposing forces aircraft, may compel the Air Force to change its opposing forces training program as seen in the now famous Phil Drake photos of the Su-27 outside Groom Lake as seen below.

While original speculation from this Popular Mechanics story was that Schultz was flying a highly classified, top-secret jet as he had flown countless such missions before, as we learn from their story, the Air Force has released a statement saying “information about the type of aircraft involved is classified and not releasable.” Asked this weekend about the crash, Air Force Chief of Staff David Goldfein said, “I can definitely say it was not an F-35.”  

With the world now poised at the edge of a possible World War 3 breaking out at any moment with tensions at nearly a boiling over point as massive Russian war games Zapata 2017 have eastern Europe rattled while in the Ukraine, massive NATO military drills have begun right on Russia’s border, there is already speculation that the possible Russian military jet that Lt. Col. Schultz was flying may have been in preparation for some kind of a ‘false flag’ event. 

As has long been warned, nearly every major war that the US has been involved in has begun with a ‘false flag’ event or an outright lieand while the US military routinely trains to fight with non-US jets as an ‘aggressor squadron’, with the Russia-hating globalists still seemingly in charge of our foreign policy here in America as warned by former Trump advisor Stephen Bannon, a mad rush towards the apocalypse is still playing out before our eyes.  

As to why they’d WANT such an apocalypse, as Steve Quayle recently wrote in an SQnote that he left while linking to this Zero Hedge story reporting that the US has threatened to cut off China from the SWIFT payment system if they violate North Korea sanctions, “Pick a fight and disappear in the night! World War 3 MUST come to pass as well as the death of 2/3 the world’s population if the globalists have their way!”  

Read More @ AllNewsPipeline.com

Red China is a Creation of Globalists

by James Hall, The Sleuth Journal:

If one is blind to the truthful account of history, understanding of current events will never break the mind controlled barrier of sanitized awareness. The globalists or whatever synonym name you choose personifies the forces behind the screens that shape the political, economic and cultural impositions on the world. China has not been immune to the infliction of obscurity in the implementation of what actually is driving their regime.  As the old Chinese curse has it: “May you live in interesting times”, has proven to be much more than a platitude, it is a model for planetary enslavement. How did this conquest begin and where is it going?

In a special report by Texe Marrs, The Illuminati and Its Triad of Evil presents a credible account that most have never confronted before.

“Another revelation that U.S.A. and western journalists and historians are prohibited from writing about concerns the Jewish origins of Mao Tse Tung’s Red Chinese revolution. In fact, Mao was a stupid and inept Chinese peasant who was schooled by Skull and Bonesmen and initiated into the internationalist Masonic Lodge by socialist Jews from the United States. This was done with the tacit permission of President Franklin D. Roosevelt, a 32nd degree Mason and, later, President Harry S. Truman a 33rd degree Mason.

Mao all along has been a closely-controlled puppet of Jewish revolutionaries—men like Israel Epstein and Sidney Shapiro, who lived in China and had the reins of power over two key areas of Beijing’s Communist Government—the treasury (money) and the media (propaganda). Interestingly, Zionist Jews hold sway over these same two essential instruments of government today in the United States.”

An additional source explaining that Communist China was created by Rothschilds and their agents, presents an even more sinister chronology of the New World Order plan to extend their rule.

“October 1 1949, Mao Tse Tsung declared the founding of the People’s Republic of China in Tiananmen Square, Beijing. He was funded by Rothschild created Communism in Russia and also the following Rothschild agents: Solomon Adler, a former United States Treasury official who was a Soviet Spy; Israel Epstein, the son of a Jewish Bolshevik imprisoned by the Tsar in Russia for trying to ferment a revolution there; and Frank Coe, a leading official of the Rothschild owned IMF. Jews were behind the rise to power of Mao Tse Tung, the communist dictator of China, who tortured and murdered tens of millions of Chinese (mostly Christians) during his brutal reign. Sidney Shapiro, an American Jew, was in charge of China’s propaganda organ. Another Jew, Israel Epstein, was Mao’s Minister of Appropriations (Finance).

Mao would murder sixty million innocent Chinese people under his rule mainly to destroy traditional Chinese culture in order to gain total control. As with Christianity, any practitioners of spiritual systems where outlawed, killed, and thrown into gulags, to die a slow death through slave labor, starvation and torture. The Communistic systems became the new culture of control. With China under their flag, Tibet was next on the list as being the last bastion of spiritual and historical knowledge. All the Jewish systems seek to remove spiritual knowledge from Gentiles and keep it in the hands of the Jewish elite. This is a major part of their indoctrination program. There has been a major Jewish population in China for over a thousand years such as the Jews of Kaifeng.”

If these authorships do not provide the weight of trustworthiness for your worldview, maybe the admittance from the flagship of the establishment narrative would convince the faint hearted. In an official history of the Council on Foreign Relations, the CFR’s Peter Grose explains CHINA’S GLOBALIST AGENDA.

“The Council turned in earnest to the problem of communist China early in the 1960s. Various Council publications had started developing the idea of a ‘two-China’ policy – recognition of both the Nationalist government of Taiwan and the communist government on the mainland. This, Council authors suggested, might be the least bad policy direction. Professor A. Doak Barnett published a trail-blazing book for the Council in 1960, Communist China and Asia. A major Council study of relations between the United States and China commenced in 1964, the year China exploded its first nuclear bomb; the group met systematically for the next four years. “Contentment with the present stalemate in relations with the Chinese is not statesmanship,” declared Robert Blum of the Asia Society, the first director of the project. “American impatience and the strong currents of political emotion often make it impossible to plan ahead to manage our policy in a persevering but flexible way.’” (Peter Grose, Continuing The Inquiry: The Council on Foreign Relations from 1921 to 1996, New York, Council on Foreign Relations, 2006; ‘ ‘X’ Leads the Way’).

Oh such a noble concept, Statesmanship. In any other reality the translation means consolidation into the global order of human bondage. The nature of the Chinese regime is based upon totalitarianism. An unholy union with the mega corporatists has produced the biggest economic transfer of all times into a Communist reign of terror model for the future of all humanity.

Preston James, PhD writes in The Hidden History of the Incredibly Evil Khazarian Mafia. “The opium addictions created by Rothschild opium sales to China harmed China so much that China went to war on two occasions to stop it. These wars were known as the Boxer Rebellions or the Opium Wars.”

The sour taste of foreign intervention into internal Chinese affairs caused a blowback. St. John Bartholomew explicates in Colonial Elite Rules China for the Illuminati.

“Beijing -The Chinese elite is a merger between the Communist leadership, Hong Kong tycoons, and the criminal Triads. All three factions derive their power from Illuminati collaboration.

China has appeared autonomous because the Illuminati developed the country internally, funding ‘revolutionary’ political parties spouting nationalist slogans. The reasoning was that the Chinese people would revolt against overt foreign domination, but embrace their place in the NWO if they believed they were in control.

Lord Bertrand Russell revealed this plan in a report on China published in 1920:”

This is the true record of intrusion driven by the proponents of Talmud rule.

So it is completely consistent when Richard M. Nixon surrendered to the Henry Kissinger prescriptions for opening the door to China. Remember that Kissinger was a communist agent for David Rockefeller. His own admission from the Corbett Report, China and the New World Order, is most revealing.

HENRY KISSINGER: “But they really are issues of the construction of a new world order, that’s what this is about, and that’s the sort of dialogue the Chinese are generally good at and so a partnership between us is central. A conflict between us is going to exhaust us both. In tactical exercises it cannot be conclusive.

INTERVIEWER: And the New World Order could satisfy both?

Read More @ TheSleuthJournal.com

Juncker Unveils Grand Vision For A United States Of Europe

from ZeroHedge:

European Commission chief Jean-Claude Juncker delivered his annual state of the union address on Wednesday, in which he laid out his grand vision for federalist Europe, and urged European Union governments to use economic recovery (i.e., Mario Draghi’s nationalization of the bond market), the political weakness in the US and Brexit as “springboards” toward a closer union, built on an expanded euro zone and a pivotal role in world trade. The allegedly unintoxicated Juncker sketched out a vision of a post-2019 EU where 30 countries would be using the euro, with an EU finance minister running key budgets to help states in trouble.

Among the key proposals put forward by the EU Commission president were compulsory Euro membership for the remaining eight European states outside the bloc, for new countries to join the Schengen zone, plans for closer defensive cooperation leading to the creation of a European army in the next decade and easier ratification of EU-wide trade treaties with foreign powers. Tax and welfare standards would converge and Europe, not the United States, would be the hub of a free-trading world.

In short, a blueprint for a United States of Europe.

“The wind is back in Europe’s sails,” Junker told the European Parliament quoted by Reuters, citing economic growth and the easing of a succession of crises — Greek debt, refugee inflows, the rise of eurokcepticism reflected in Brexit – that seemed to threaten the EU’s survival.

Juncker has also resurrected the idea of merging his own post with that of the President of the European Council, who currently represents the interests of its member state governments, saying it would be easier if “one captain was steering the ship.” Such as president would be chosen in an EU-wide vote. A powerful new EU-wide economy minister has also been touted, one which would have power to whip dissenters in line with a common EU vision.

In his best infomercial salesman immitation, Juncker urged Europeans to hurry, or else the generous offer may not last: “Now we have a window of opportunity, but it will not stay open for ever,” he said, emphasizing a need to move on from and even profit from the British vote to leave the bloc in 2019 according to Reuters.

Some promptly backed Juncker’s blueprint: German Finance Minister Wolfgang Schaeuble said that Juncker’s plan to build a closer European Union based on an expanded euro zone was largely in line with Germany’s vision for the bloc. The German also said that Juncker had discussed with Chancellor Angela Merkel his annual State of the EU speech in which he spoke of a vision of a post-2019 EU where some 30 countries would be using the euro.

“It is good that he is putting pressure (to expand the euro zone) but the preconditions (for joining the euro zone) must be fulfilled,” Schaeuble told the ARD broadcaster in an interview. “It is in fact so that EU countries who fulfill the preconditions become members of the euro under the Lisbon Treaty”. However, the German who in the summer of 2015 nearly kicked Greece out of the Eurozone, added that EU countries wishing to adopt the single currency should not do so before their public finances and economies are sound enough as they could face the fate of Greece, which had to be bailed out by the EU and IMF in 2010.

* * *

Desperate to put the Brexit humiliation in the rearview mirror, Juncker said that “we will keep moving on because Brexit isn’t everything, it is not the future of Europe,” Brexit supporters promptly said his speech showed they were right to take Britain out of a bloc set on creating more powerful, central institutions. The most predictable opponent of the hour-long speech, met with stirring applause by a mostly zombified audience, was UK MEP Nigel Farage.

“The message is very clear: Brexit has happened, new steam ahead… More Europe in every single direction and all to be done without the consent of the people,” Farage told the floor.

“The way you’re treating Hungary and Poland already must remind them of living under the Soviet communists. All I can say is thank God we’re leaving because you’ve learned nothing from Brexit.

Read More @ ZeroHedge.com

Jimmy Carter Speaks Out Against US ‘Oligarchy’ and Trump’s Diplomatic Failures

by Andrea Germanos, The Anti Media:

Former president bemoans money in politics and says tensions with Pyongyang won’t subside until “we’re willing to talk to them and treat them with respect as human beings.”

(COMMONDREAMS— Former President Jimmy Carter has once again taken aim at money in the U.S. electoral process, saying Tuesday that it makes the nation function more as an “oligarchy than a democracy.”

Carter made the comments, which echo criticisms he’s made in years past, during the latest “Conversation with the Carters” at the 35-year-old nonprofit Carter Center in Atlanta.

After Carter and his wife, Rosalynn Carter, spoke to the audience about gains their center has made in its global peace and health initiatives—including the near eradication of guinea worm—the 92-year-old offered a rebuttal to the approach to North Korea taken by not only President Donald Trump but by former President Barack Obama.

Carter said that “the first thing I would do is treat the North Koreans with respect. I would be talking to them. We have refused to talk to them since George W. Bush was in office. Obama refused to have any discussion with the North Koreans, even though I went over there twice while he was in office and urged him to talk to them.”

“I know what the North Koreans want,” he continued. “The North Koreans want a peace treaty with the United States. We’ve only had a ceasefire since the Korean War was over. What they want is a firm treaty guaranteeing that the United States will not attack them or hurt them in any way unless they attack one of their neighbors, notably South Korea. But the United States has refused to do that.”

Stressing diplomacy, Carter said, “I would send my top person to Pyongyang immediately—if I didn’t go myself—to talk to the North Koreans about how to defuse the issue. But until we’re willing to talk to them and treat them with respect as human beings, which they are, then I don’t think we’re going to make any progress.”

The advice he’d offer Trump is to “keep the peace, promote human rights, and tell the truth.”

As far as brokering peace efforts in the Middle East, Carter’s not placing any bets on the current administration. The Independent reports:

He said he was “practically hopeless” that Mr Trump would bring any kind of “justice to Palestinians” after Mr Trump indicated he may be willing to broker a solution between the Israelis and Palestinians that did not involve two states.

Mr. Trump has placed his son-in-law White House adviser Jared Kushner in charge of negotiating a deal, who grew up as a family friend of Israeli Prime Minister Benjamin Netanyahu.

While Mr. Carter does not think the Trump family is making headway in the region, he also blamed Mr. Netanyahu for not having any “intention at all of having a two-state solution.”

Read More @ TheAntiMedia.com