Monday, June 24, 2019

Can Trump Fire Fed Chair Powell? Expect Questions at the 2:30 P.M. Fed Presser

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by Pam Martens and Russ Martens, Wall St On Parade:

What good is being the President of the most powerful nation on earth if you can’t humiliate people on Twitter and fire them if they refuse to do your bidding (even if the law mandates their independence from politics.) This appears to be the thinking of Donald Trump, the sitting President of the United States. The Chairman of the Federal Reserve, Jerome Powell, is the latest person to come into the President’s cross-hairs.

Yesterday, Bloomberg News broke the story that “In February, the White House counsel’s office examined the legality of stripping Powell of his chairmanship and leaving him as a Fed governor.” The review of Trump’s legal options occurred “as the president repeatedly expressed public frustration with the Fed’s interest-rate increases,” according to the article.

Trump: “I Think I Know” Who Was Behind 9/11 Attacks

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from ZeroHedge:

President Trump says he knows who was behind the September 11, 2001 attacks, telling ABC News’s George Stephanopoulos “Iraq did not knock down the World Trade Center,” adding “It were other people. And I think I know who the other people were. And you might also.

Nearly 3,000 people died when 19 mostly-Saudi terrorists hijacked four passenger planes, flying them into the Twin Towers and the Pentagon, while the fourth went down in a Pennsylvania field after passengers allegedly fought back. Astonishingly, the passports of three hijackers were recovered; two at the Pennsylvania crash site, and one from the World Trade Center grounds. While nobody claimed responsibility for the attacks for several months, the NSA and German intelligence reported intercepting communications pointing to al-Qaeda leader Osama bin Laden, after which investigators linked the 19 hijackers to the terrorist organization.

All Eyes on the Fed – David Brady

by David Brady, Sprott Money:

Gold and Silver have basically gone nowhere in the past week as the next FOMC meeting looms large next Wednesday, June 19. This will decisive in determining whether or not the metals and miners continue higher or suffer a pullback in the short-term.

Scenarios for the FOMC are as follows:

Uber Dovish: Fed cuts rates by 25-50 basis points; announces the immediate end to balance sheet reduction; plans for a standing repo facility where the banks can swap treasuries for cash; and/or a cap on 10-Year Treasury Bond yields at 2% or 2.5%, equivalent to QE.

Seven Reasons To Be Highly Skeptical Of The Gulf Of Oman Incident

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by Caitlin Johnstone, Caitlin Johnstone:

In a move that surprised exactly zero people, Secretary of State Mike Pompeo has wasted no timescrambling to blame Iran for damage done to two sea vessels in the Gulf of Oman on Thursday, citing exactly zero evidence.

“This assessment is based on intelligence, the weapons used, the level of expertise needed to execute the operation, recent similar Iranian attacks on shipping, and the fact that no proxy group operating in the area has the resources and proficiency to act with such a high-degree of sophistication,” Pompeo told the press in a statement.

Why Junk Silver? – Bill Holter

by Bill Holter, JS Mineset:

By now you should already know the story behind the gold/silver ratio and why silver is the compelling buy of the two. The ratio is currently about 82-1 (it takes 82 ounces of silver to purchase one ounce of gold). Silver is found in the Earth’s crust at roughly 10-1 versus gold, let’s call this “God’s ratio”. Were the ratio to reach 10-1, silver would thus outperform gold roughly 8 fold. 10-1 may or may not be a stretch but suffice it to say that silver should certainly outperform gold in the coming bull market. Let’s call this anomaly #1,

If you understand the above then you understand you should be more heavily weighted in silver versus gold. But what “form” of silver should you own? Your choices are ETF’s or pooled accounts (a very poor choice as the metal may not even exist and all you own is a worthless piece of paper), bars, generic rounds, foreign sovereign mint coins, or US mint lineage coins.

Need a Laugh? CNN’s Jim Acosta Just Held His First Book Signing and No One Showed Up

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by Dean James, DC Clothesline:

CNN’s Jim Acosta is in love… with Jim Acosta. The Trump hating White House correspondent has just released a new book (which I will not be reading) and he held a massive book signing event in Arlington, Virginia.

The crowds were enormous and the line for his coveted signature went for blocks.

Just kidding.

Actually, NO ONE EVEN SHOWED UP! LMAO!!!!!!!!!!

‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?

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by Michael Snyder, The Economic Collapse Blog:

According to a shocking new report from the Commonwealth Fund, the suicide rate in the United States is the highest that it has ever been before.  Sadly, the same thing can be said about the death rates from drug overdoses and alcohol.  All three death rates are at an all-time record high, and yet our society is still fairly stable at the moment.  So if we are seeing this many “deaths of despair” right now, what in the world are things going to look like when our society really begins to start crumbling?  Today, Americans have literally thousands of different ways to entertain themselves, and yet we have never been unhappier.  One out of every six Americans is taking psychiatric drugs, we are currently dealing with “the worst drug crisis in American history”, and people are killing themselves in record numbers.  Nobody likes to be told that they are a failure, but it certainly appears that our nation has been on an extremely self-destructive path for a very long time.

The Future Is Here: Watch Robot Cop Pull Over Driver And Issue Ticket

from ZeroHedge:

Engineer Reuben Brewer and SRI International, a nonprofit scientific research institute based in California, developed a police robot for traffic stops. This new robot is expected to act as a buffer between the officer and motorist during an encounter, reported The Washington Post.

The project began several years ago in Brewer’s garage but has since been in development at SRI International’s facilities in California. The robot, dubbed GoBetween, is designed to make it safer for both the officer and the motorist.

“The main advantage of a robot over a human is that physical danger no longer matters,” Brewer wrote after being reached by email by The Post.

Close Ties & Financial Entanglements: The CDC-Guaranteed Vaccine Market

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from Collective Evolution:

Note: This is Part V in a series of articles adapted from the second Children’s Health Defense eBook: Conflicts of Interest Undermine Children’s Health. The first eBook, The Sickest Generation: The Facts Behind the Children’s Health Crisis and Why It Needs to End, described how children’s health began to worsen dramatically in the late 1980s following fateful changes in the childhood vaccine schedule.]

The Centers for Disease Control and Prevention’s (CDC’s) Advisory Committee on Immunization Practices (ACIP) has issued annual vaccine recommendations for the U.S. civilian population since 1995. ACIP works in partnership with leading medical trade organizations such as the American Academy of Pediatrics (AAP), the American Academy of Family Physicians (AAFP), the American College of Physicians (ACP) and the American College of Obstetricians and Gynecologists (ACOG).

A Primer For Those Considering Expatriation

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by Adam Taggart, Peak Prosperity:

Is considering expatriation or foreign citizenship right for you?

A growing number of Americans are frustrated with the way in which their economy has been managed and are becoming increasingly concerned about future measures the government may take to keep its coffers full.

A question that’s arising with increasing frequency is: does expatriation offer a viable protection to those concerned about a more financially intrusive US system?

The answer is ‘yes’, it does offer a completely legal solution for ending your obligation to pay US income, capital gains, and gift taxes on your worldwide income. But it is certainly not for everyone and should only be pursued after lengthy and diligent consideration.

The Trust Project: Big Media and Silicon Valley’s Weaponized Algorithms Silence Dissent

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by Whitney Webb, MintPress News:

Given the Trust Project’s rich-get-richer impact on the online news landscape, it is not surprising to find that it is funded by a confluence of tech oligarchs and powerful forces with a clear stake in controlling the flow of news.

After the failure of Newsguard — the news rating system backed by a cadre of prominent neoconservative personalities — to gain traction among American tech and social media companies, another organization has quietly stepped in to direct the news algorithms of tech giants such as Google, Facebook, and Microsoft.

Pompeo Accidentally Tells Truth About Failed Venezuela Coup

from Silver Doctors:

Pompeo revealed that US policy toward Venezuela has been a disaster, and that the US government has lied from the beginning…

by Ron Paul of Ron Paul Liberty Report

Secretly recorded while speaking off the record to a group of supporters, Secretary of State Pompeo revealed that US policy toward Venezuela has been a disaster and that the US government has lied from the beginning about the level of support for the opposition and the ease of “restoring democracy” to the country. Will Pompeo be made to pay for revealing an inconvenient truth?

Here’s A List Of Ideas & Statements YouTube Will Ban You For Expressing Under Their New ‘Hate Speech Policy’

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by Chris Menahan, Information Liberation:

Google-owned YouTube on Wednesday released a list of generic ideas and statements they will ban you for expressing under their rapidly expanding new “hate speech policy.”

Even though America has no laws prohibiting “hate speech” and courts have ruled repeatedly that “hate speech” is free speech, that hasn’t stopped Big Tech monopolies from censoring people for their political views under their own made-up definitions.

More Police Raids As War On Journalism Escalates Worldwide

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by Caitlin Johnstone, Caitlin Johnstone:

The Australian Federal Police have conducted two raids on journalists and seized documents in purportedly unrelated incidents in the span of just two days.

Yesterday the AFP raided the home of News Corp Australia journalist Annika Smethurst, seeking information related to her investigative report last year which exposed the fact that the Australian government has been discussing the possibility of giving itself unprecedented powers to spy on its own citizens. Today they raided the Sydney headquarters of the Australian Broadcasting Corp, seizing information related to a 2017 investigative report on possible war crimes committed by Australian forces in Afghanistan.

This Wasn’t Supposed To Happen: U.S. Employment Growth Just Plunged To The Lowest Level In 9 Years

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by Michael Snyder, The Economic Collapse Blog:

If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening.  According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is needed just to keep up with population growth.  Of course some in the mainstream media are attempting to put a positive spin on this, but there really is no denying that this is a truly awful number.  In fact, we have not seen a number this bad in more than 9 years