Sunday, July 21, 2019

Missouri Police Using Federal Loophole to Skim Millions in Asset Forfeiture Proceeds

by Michael Maharrey, Activist Post:

Missouri police departments do an end-run around strict state asset forfeiture requirements and skim millions of dollars from Missouri schools using a federal loophole to circumvent state law.

Missouri has some of the most strict asset forfeiture laws in the country. Prosecutors must get a conviction or a guilty plea before they can proceed with asset forfeiture, and all forfeiture proceeds must go the state’s public education fund.

But according to the ACLU, of the $19 million in cash and property seized by Missouri law enforcement since 2015, only $340,000 made its way into school funds. In 2016, law enforcement agencies only sent $100,000 to public schools, even though seized $6.3 million worth of property.

There Is No Exit: Let’s Just Accept The Fact That The Fed Will Not Be Reducing Its Balance Sheet

by Graham Summers, Silver Doctors:

Let’s cut through the BS about Central Bank Balance Sheet reduction.

There. Is. No. Exit.

Once a Central Bank begins to employ ZIRP and QE for years at a time, there is no going back. If you don’t believe me, take a look at Japan.

As I outlined in my book The Everything Bubble: the Endgame For Central Bank Policy, Japan is ground zero for Central Bank monetary insanity. The Fed first employed ZIRP and QE in 2008. Japan went to ZIRP in 1999. It launched its first QE program in 2000.

The Next Recession Will Be Devastatingly Non-Linear

by Charles Hugh Smith, Of Two Minds:

The acceleration of non-linear consequences will surprise the brainwashed, loving-their-servitude mainstream media.

Linear correlations are intuitive: if GDP declines 2% in the next recession, and employment declines 2%, we get it: the scale and size of the decline aligns. In a linear correlation, we’d expect sales to drop by about 2%, businesses closing their doors to increase by about 2%, profits to notch down by about 2%, lending contracts by around 2% and so on.

But the effects of the next recession won’t be linear–they will be non-linear, and far more devastating than whatever modest GDP decline is registered. To paraphrase William Gibson’s insightful observation that “The future is already here — it’s just not very evenly distributed”: the recession is already here, it’s just not evenly distributed– and its effects will be enormously asymmetric.

John McCain’s Revisionist History Is a Team Effort

by Matt Taibbi, via The Burning Platform:

I hope my editors boil in oil in the afterlife for asking me to review John McCain: For Whom the Bell Tolls, the new HBO doc that premieres Memorial Day and stars David Brooks, Henry Kissinger, George W. Bush and a succession of other wax-museum escapees who line up to evade and prevaricate about things McCain-related and not.

The review copy might as well have been titled, Go Ahead, Say Something Bad About a Terminal Cancer Patient. I felt like a monster 20 seconds in.

Having covered McCain’s 2008 run, I had mixed feelings about the man anyway. Just as a person, McCain came across as the kind of insistently obnoxious guy you hear complaining about the slow service in an airport bar – a type I always found oddly sympathetic.

Bin Laden and the Deep State

by Gordon Duff, New Eastern Outlook:

On September 24, 2001, a dying Osama bin Laden released his last statement to the world. It is published below, the full CIA transcript with no redactions or editing. In this now declassified but heavily suppressed document, bin Laden describes the role of the Deep State in 9/11:

“President Bush or any other US President, they cannot bring Israel to justice for its human rights abuses or to hold it accountable for such crimes. What is this? Is it not that there exists a government within the government in the United Sates? That secret government must be asked as to who made the attacks.”
Bin Laden’s words, and we assert these are his last words, mean much more today than they did even while the ruins in New York and Washington were still smoldering. One might note that the “jet fuel” fires in New York burned for months, billions of BTU’s melting boots well into 2002.

Texas Governor: “The Problem Is Not Guns, It’s Hearts Without God”

by Tim Brown, Freedom OutPost:

Governor Abbott’s words need to be echoed across our land. When Americans turn back to God and begin to repent before Him, He has promised He will heal our land, and a lot of that healing will come through true justice, not more gun confiscation.

Finally! There is a governor who voices the truth about crimes committed with guns. Texas Governor Greg Abbott spoke a couple of weeks ago at the National Rifle Association convention in Dallas and during his speech, he said what many of us have been saying for years and that is the problem we face as a country has nothing to with guns, but hearts that are not filled with the Spirit of God.

Democratic Party Is Dead-False Flags Are the Last Resort

by Dave Hodges, The Common Sense Show:

This article will demonstrate that the Democratic Party is both the mouthpiece and the agent of enforcement of the Deep State. Unfortunately for the globalists, the Democrats are broke and the much anticipated “Blue Wave” of Democratic victories resulting in returning Congress to the party, is not going to happen for a variety of reasons. The only option left is to force a crisis with a variety of false flag attacks between now and the 2018 midterm elections.

Not Your Father’s Democratic Party
To a large extent, the Democratic party of JFK was once the party of the working person, the down-trodden people of color and the politically disenfranchised. JFK’s stellar work on civil rights culminated in the 1964 Civil Rights Act and other accompanying legislation shortly after JFK’s untimely death.

Today’s Democratic party is one of divisiveness and organized crime and spirit-cooking under criminals such as Obama, Holder, Lynch, Podesta, Wasserman–Schultz and most of all, Clinton.

What is Bit Gold? The Brainchild of Blockchain Pioneer Nick Szabo- Phillip Moskov (23/05/2018)

by Phillip Moskov, Sprott Money:

What Is Bit Gold?

Bit gold was one of the earliest attempts at creating a decentralized digital currency, proposed by blockchain pioneer Nick Szabo in 1998. Although the Bit gold project was never implemented, it’s often regarded as being the direct precursor to Satoshi Nakamoto’s Bitcoin Protocol.

Bitcoin and Bit Gold

There are many similarities between Bitcoin’s architecture and the Bit gold proposal, particularly in the technical mechanisms used to process transactions and secure the decentralized network.

Both Bitcoin and Bit gold are powered by a POW-based consensus algorithm in which computing power is spent to solve cryptographic puzzles. The solution to those puzzles is then processed through a Byzantine Fault Tolerant

“The White House Is Running This”: Grassley Demands DOJ Unredact Mystery Strzok-Page Texts

Yeah, whatever (re the WH comment). We’ve got the emails that say otherwise.”

from Zero Hedge:

Senate Judiciary Committee Chairman Chuck Grassley (R-IA) fired off a letter to the Department of Justice Wednesday demanding unredacted versions of text messages between FBI agent Peter Strzok and former bureau attorney Lisa Page, including one exchange which took place after Strzok had returned from London as part of the recently launched “Operation Crossfire Hurricane” – referring to the White House “running” an unknown investigation.