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Exclusive public outlet for documentation and notices from The Original Jurisdiction Republic 1861 circa 2010.
You signed our petition in September to stop the mass mustang killing, and now we need you again.
These iconic animals are symbols of America’s greatness, but their future is in peril.
Pressure is mounting to lift the ban on slaughtering America’s mustangs and burros, and
the Bureau of Land Management is
pursuing a back door route to killing
thousands of these animals.
With a new Administration and Congress, the fate of these national icons hangs in the balance.
What you can do:
#1: ENLIST IN OUR ARMY OF MUSTANG DEFENDERS – Only the power of the people can defeat the special interests that want to destroy America’s wild horses and burros. Sign up for our email list to become a mustang defender today by visiting www.wildhorsepreservation.org and filling out your information under "Stay Informed"
#2: SUPPORT THE BATTLE - We’ve had significant victories in 2016... winning big precedents in federal court, and stopping a huge roundup and barbaric sterilization experiments. Please help us continue these wins in 2017 with a year-end gift to support our legal, legislative, advocacy, field and rescue work: http://wildhor.se/2fkLQKn
Thank you for caring about America’s wild horses and burros, and for helping us to protect and preserve them for future generations enjoy.
NORTH DAKOTA PIPELINE PROTEST CAMP TO BE SHUT DOWN BY DECEMBER 5TH
The U.S. Army Corps of Engineers warned the Standing Rock Sioux Tribe on Friday that protesters demonstrating against a controversial pipeline project in the area will be forced out by Dec. 5 as authorities reclaim the area. (forced off their own land as given to them by treaty with the U.S.A.)
John W. Henderson, a district commander with the Corps, said the closure of the area north of the Cannonball River was necessary to “prevent death, illness or serious injury” to inhabitants in the camp caused by harsh winter weather, and to “protect the public from violent confrontations between protesters and law enforcement.”
Opponents of the $3.8 billion Dakota Access Pipeline have been occupying the area near the construction site for months, warning that the project may harm sacred Native American sites. Henderson’s announcement came as protests over the pipeline spread to a shopping mall in Bismarck, where more than 30 protesters were arrested Friday.
Pipeline protesters held a rally in the Kirkwood Mall on Black Friday, the busiest shopping day of the year, to draw attention to the controversy over the pipeline.
The rally saw demonstrators form a prayer circle right inside the entrance of the shopping center, ignoring demands from mall management to stop blocking the area.
About 100 protesters took part in the rally, including members of the Standing Rock Sioux Tribe, and at least 33 were arrested for trespassing after refusing to get out of the way.
Thanks to a function of their search software, Google could have
years worth of your conversations recorded, and you can hear it for
yourself. Your cringe-worthy history can be heard and viewed along with a
list of all your searches, at your personal Google history page.
The feature was built into Google’s search function as a means of
delivering accurate search results. However, the sheer accuracy and
amount of data Google stores is chilling.
The good news is that you can turn it off and delete it, and at the end of this article, we will show you how.
The recordings can function as a kind of diary, reminding you of
the various places and situations that you and your phone have been in.
But it’s also a reminder of just how much information is collected about
you, and how intimate that information can be. You’ll see more if you’ve an Android phone, which can be
activated at any time just by saying “OK, Google”. But you may well also
have recordings on there whatever devices you’ve interacted with Google
using.
However, even if you don’t have an Android phone and conduct Google searches on iDevices, Google is still listening.
When visiting your personal history page that the web giant keeps on you, it will show you everywhere Google has a record of you being on the internet.
Of course, Google claims that this information is never personally
used against you and is done solely for the purpose of enlightening your
experience on the web. However, imagine the ominous implications if
this information was being used against you.
Google now processes over 40,000 search queries every second on average, which translates to over 3.5 billion searches per day and 1.2 trillion searches per year worldwide.
The data from these searches is then stored on each individual who
conducts them. Using this data or steering results in a particular
direction, the internet behemoth could effectively influence the entire
world. Aside from influence, Google could predict the future based on
trends.
Much of this search history is tied location data retrieved from the
device being used to conduct the query. So, not only does the search
engine have information on what your interests are, it has you specific
interests based on where you are at any given moment.
Google’s motto of Don’t Be Evil now seems like less like a request for its users and more like a way of keeping themselves in check.
Now for the good news — you can turn all of this off.
What we recommend, after you further panic by listening to or
scrolling through Google’s creepy recordings of your search history, is
to delete them all and disable the functions.
The Independent explains just how to do this:
To delete particular files, you can click the check box on the
left and then move back to the top of the page and select “delete”. To
get rid of everything, you can press the “More” button, select “Delete
options” and then “Advanced” and click through. The easiest way to stop Google recording everything is to turn
off the virtual assistant and never to use voice search. But that
solution also gets at the central problem of much privacy and data use
today – doing so cuts off one of the most useful things about having an
Android phone or using Google search.
Now that you know this exists quit voluntarily handing over your data
to unknown parties and share this article with your friends and family
to show them how to stop it as well.
The #1 Reason Why Russia Will Defeat the US in WW III
No Fear.
There is one reason, and one reason alone, why Russia will defeat the United States in World War III. The reasons behind this claim are contained in the following video.
More Foreign Troops Pouring Into America: Civil War Edges Closer
Soon to be a familiar sight.
Since Trump won the general election, the reports of foreign troops coming into the country have increased exponentially.
I just received this email from of The Common Sense Show readers.
Dear Mr. Hodges
I listen to your show often and agree with you when you say that foreign troops are here in America. People may make fun of you, but I see them often.
Earlier in the week, I delivered ready-to cook Thanksgiving turkeys to a military base. I saw hundreds or maybe even thousands of Russians. They are staying in temporary quarters.
What the hell is going on? I though we are supposed be fighting these ****** *******? Are we just ******* crazy? I am sick of this ****.
I got this sick feeling that we are about to get our a** kicked and it’s an inside job! What do we do?
It now takes a scorecard to tell friend from foe. Obama is the single biggest traitor to ever hold elected office in the history of American politics.
As I have reported, these foreign troops have been here for a number of years, only now they are increasing in number. With what is going on in California and now this, this country is a powder keg ready to blow.
Paul Martin, from Revolution Radio, says that his sources are saying that if you travel away from farther than you can walk back, you better have your protection and supplies with you because, when this starts, is where you are going to stay.
Foreign Troops Pouring Into the USA-Prepare for Civil War
Yes, I know I need to make videos. But they can’t be
just any ten minute do-it-yourself YouTube rants, and here is the reason why:
this stuff is confusing.
There has
been a deliberate effort to confuse things via many different “deceptively
similar names” deceits. Here are a few examples:
“the United States” sounds just the same as “The United States” but these
are completely separate and different entities. “Economic
Stabilization Fund” abbreviated “ESF” sounds similar to “Economic Security Fund”
also abbreviated “ESF”. “Hawaii” sounds the same as “HAWAII”….
The word “employee” popularly means someone who works for somebody
else, except that on government documents it is arbitrarily defined (by act of
Congress) to specifically mean a federal government worker or volunteer….. The
word “person” in common popular usage means one of us, a living being, but in
Federal-ese it is arbitrarily defined to mean “corporation”.
You are
beginning to see the problem, right? There is no safe and sure
way to communicate about these things verbally as a result of these
confusions. You have to write things down so that people can
literally see what you are talking about, and in terms of making videos, that
means having the ability to add written materials, schematic drawings, labels,
charts, etc. so that the meaning is clear and easy for people to understand.
There is
no point in me making videos if all I do is confuse people more than they
already are--- and too often I fear that that is the sum total of my effort in
too many cases.
Doing
videos that aren’t confusing requires abilities and equipment that I lack, and
which I would have to hire someone to contribute, and frankly I don’t have the
resources to do that plus all the research and court actions, etc. that are
already on the move.
I do see the value in video communication, especially for
classroom type instruction---- and I certainly see the need for that kind of
step-by-step guidance. I very much admire those few people, like
Robb Ryder, who have by dint of patient perseverance contrived to use very
simple video production techniques to address specific topics one by one, bit by
bit, and to do a totally credible job of presenting difficult, complex, and
deliberately confused information to the public.
However,
as anyone who has sat through one of Robb’s videos can attest--- the process is
painfully slow and would be infinitely easier if he (or I) had the means to
visually format and diagram and edit and excerpt the material.
Staring for ten minutes at a blurry, shaking document in fine
print on a monitor trying to take notes from it is not a sane way to process all
this.
Or
present it, either.
Those who
have read “You Know Something Is Wrong When…..An American Affidavit of Probable
Cause” know that we presented it ---deliberately--- in large print and with more
than ample illustration in an effort to convey the crucial information simply
and directly. We did that because illustration is the most
effective means to demonstrate a lot of what we are talking about.
The same applies to videos.
We need
the power of “black and white” in graphic terms to show people what we are
talking about, not just tell them. We need digital illustrations
to help people conceptualize time lines, word definitions, relationships, and
processes.
All that
takes time, money, skill, and equipment that I don’t have.
So if you want me to do videos about specific topics, please weigh
in on what those topics should be. If you have skills as a videographer and want
to help, feel free to contact me. If you would like to put pedal
to the metal to expedite the whole process, please feel free to donate funds to
the effort.
My PayPal
address is the same as my email: avannavon@gmail.com and my mailing address is the same as ever: Anna
Maria Riezinger, c/o Post Office Box 520994, Big Lake, Alaska 99652.
Finally, yes, I know I am being misrepresented and outgunned in
the cyberspace information war because people like Karen Hudes who constantly
misrepresent me, my words, and everything about me, are on the airwaves and
YouTube blatting 24/7 and spreading disinformation by the manure
truckload.
I know that having a presence on YouTube would help settle that
hash, and I would certainly LIKE to speak directly to everyone in the flesh and
sort the bears from the buckwheat – but I need help to do that.
Most of these people are very well-funded by those self-interested in the
outcomes. Ms. Hudes has the entire war chest of the World Bank to
fund her endless twaddle, and Cindy Kay Courier has Swissindo---- all these
various spokespeople have their organizational supporters.
I am just
one old lady from Big Lake, Alaska, and all I have is you--- the American
people.
---------------------------------------
See this article and over 400 others on Anna's website here:www.annavonreitz.com
Marc Ash, Reader Supported News The
situation in North Dakota at the site of the Dakota Access Pipeline has
degenerated into what can now only fairly be described as a war zone.
The escalating assaults on unarmed protesters by
heavily armed, fully militarized police units have transformed the
Dakota Access Pipeline construction site into a battlefield.
Scores of people have been injured and medics are
struggling to evacuate the injured to area medical facilities for
treatment. The scene is one of constant clashes and assaults by North
Dakota military police attempting to drive Native American protesters
away from the pipeline construction site.
A flashpoint on the Backwater Bridge was the scene of
an intense six-hour engagement between “Water Defender” protesters and
Morton County, North Dakota, sheriff’s personnel. Using military tactics, law enforcement unleashed
barrage after barrage of military grade tear gas, rubber bullets, water
sprayed from high pressure hoses in below freezing temperatures, and
concussion grenades. According to the ACLU, “News reports confirm more
than 300 people have been injured.”
The worst injury reported occurred as a result of a
concussion grenade thrown by police directly striking a 21-year-old
protester from New York. Sophia Wilansky suffered severe damage to her
arm when the grenade detonated in close proximity. The injury caused a
compound fracture and extensive damage to muscle, nerve and bone,
resulting certainly in a lifelong disability. Details of the Wilansky
incident have gone viral on Twitter.
With hostilities and injuries mounting, 'president'
Obama is taking a disturbingly hands-off approach. In an interview with
NowThis News on November 2nd, Obama appeared detached from the severity
of the conflict playing out in North Dakota, saying at the time, “We’re
going to let it play out for several more weeks."
Indeed, in several more weeks he will no longer be
'president'. So it is entirely possible that he intends to take no further
action and hand the situation off to President-elect Donald Trump’s
administration. Leaving behind a raging conflict and … a fitting legacy
to his indefensible and disaster-prone energy policy.
It’s not clear what Obama’s interest in seeing this
pipeline built is, or what kind of commitments he has made regarding its
completion, but as a brutal conflict unfolds on American soil he
remains eerily silent. (How about his is one of those 'invested' in the coming profits to be had from it along with former Gov Rick Perry and rumored Donald Trump.)
What deepens the concern in this conflict is that it
hearkens back to the darkest days of America’s past. The sight of white
men with weapons attacking Native Americans defending sacred lands is a
return to America’s genocide, and Native America’s holocaust.
The oil wars are not “over there” any longer. They are
here, and the Standing Rock Sioux Indian Reservation is the first great
battlefield. It is that and a resumption of America’s Indian wars.
Marc Ash is the founder and former Executive Director of Truthout, and is now founder and Editor of Reader Supported News.
Reader Supported News is the Publication of Origin for
this work. Permission to republish is freely granted with credit and a
link back to Reader Supported News.
The internet can be a beautiful and horrible place at the same time,
and it isn’t weird to sometimes feel like you want to leave — there’s
wasn’t an easy way out, until now.
Swedish developers Wille Dahlbo and Linus Unnebäck created Deseat.me, which offers a way to wipe your entire existence off the internet in a few clicks.
When logging into the website with a Google account it scans for apps
and services you’ve created an account for, and creates a list of them
with easy delete links.
Every account it finds gets paired with an easy delete link pointing
to the unsubscribe page for that service. Within in a few clicks you’re
freed from it, and depending on how long you need to work through the
entire list, you can be account-less within the hour.
If you’re getting tired of social media and internet-induced stress
in general, it’s the quickest way to get back to a state of tranquility
— and to be honest, that doesn’t sound like a bad idea. Deseat.Me
The financial end of the world in economic apocalypse is here. A
funny thing happened on the road to recovery: Trump’s chief strategist
admitted his view of the Trumpian future looks like the Great
Depression. Even the world’s largest bank just said global financial
default is the preferable way out and most likely way out of the Great Recession that began in 2007/2008. That’s the new optimism.
You don’t get better than all of that for an exhilarating view of the
imminent future. As Maya MacGuineas, the leader of the Committee for a
Responsible Federal Budget, also assessed the situation,
“President-elect Trump is going to be inheriting the
worst fiscal situation of any president… other than President Truman
… as judged by the debt relative to the economy.” (The Washington Post)
Trump’s solution for that problem requires that
we enormously increase that debt and hope to power through. That puts
him in a no-win scenario unless he can jack the economy up faster than
he jacks up the debt; but we are already seeing the likelihood of that
fall apart before the plan begins, as I’ll explain. That Trump’s plan
will increase the debt is not just something his critics are claiming
but is also something his own chief strategist, Stephen Bannon, admits
to from the outset of this journey into oblivion:
“With negative interest rates throughout the world, it’s the greatest opportunity to rebuild everything,”Bannon said. “Shipyards, ironworks, get them all jacked up. We’re just going to throw it up against the wall and see if it sticks. It will be as exciting as the 1930s, greater than the Reagan revolution.” (The Washington Post)
“Throw it up against the wall and see if it sticks” sounds like a
description of a last-ditch effort if I ever heard one. It’s certainly
not the usual new administration optimism. “As exciting as the 1930s?”
Yikes. The plan is for something as exciting as the greatest economic
collapse the modern world has known … until now. And clearly the plan
here is only made possible by interest so low that it is in some places
negative. So, pack the bags on the jalopy because 2017 is going to be a
heck of a ride.
I don’t fault Bannon or Trump for this because I have said all along
that we will never avoid the economic collapse that our mountains of
debt and our greedy banks have already assured. We can only push it off
but make it greater by doing so. I may have jumped the gun a little with
my prediction of the Epocalypse
at the start of 2016, but a year later we have some of the most
unlikely places admitting we are going there, so I didn’t jump it by
much. (Wait until you read what Deutsche Bank has to say.)
While I’m not surprised at all by where we are headed, I am surprised at Bannon’s stark admission that
Trump’s plan will take us on a journey as “exciting” as the Great
Depression of the 1930’s — not exactly everyone’s favorite period in
history to relate to if one is trying to build belief in a recovery
plan.
He’s right, of course, but I’m surprised to find someone who is
trying to stir excitement for his plan comparing it to the worst time
the oldest people alive can remember — a time they hoped they would
never revisit. I suppose I shouldn’t be because that is where we are,
and Bannon’s nature is to say things as they are. You just don’t usually
hear such stark expression from the president’s chief strategists.
Again, such is the nature of our time. (And I’d rather hear things as
they are than pretend otherwise.)
While I’m sure Bannon wasn’t expressing dumbfounded joy about
experiencing another decade like the Great Depression, he was saying
that Trump’s debt-heavy plan is much like Roosevelt’s WPA. That’s where we are — in an economy that has stalled to the point that it will
take a WPA-sized plan to move it any further ahead. That thought, too,
is not exactly hopeful because we also had a global war to help gas the
engines of the economy out of the 30s, and that has been looking more
likely throughout 2016, too.
I agreed at the start of the Obama administration that we should take
out debt to accelerate the economy and position the nation for a more
vibrant future because then we would, at least, be handing the next
generation some genuinely valuable merchandise in exchange for all the
debt we created … so long as we focused on projects that really needed
to be done anyway. While I’m not so sure about the proverbial crumbling
bridges that have provided the argument for taking on more debt for a
decade or more, there are plenty of needed projects in the form of
antiquated sewer systems that are far from capable of handling today’s
capacity, major city water systems that still use wooden pipes, etc.
I suggested then, “Do it now, while the price tag is lower than it
may be in the future and while the cost of finance is dropping.” But
that was then, and it’s too late now for reasons I’ll lay out here. It’s
an opportunity that was lost due to a non-visionary,
do-nothing-in-the-face-of-catastrophe, obstructionist congress.
I’m for using debt to get some things going when the prices are down
and jobs are in short supply and then paying it back as things start
picking up. I’m for using debt responsibly like a tool, not
like a replacement for the oxygen we breath … but when has the US done
that in the last half a century? We have been profligate, lazy debt
abusers, paying for nothing as we go, living off the generosity of a
future that has no say in the matter.
My thoughts at the start of the Great Recession: there are always
projects that need to be done, why not do them when labor is cheaper and
easier to find and when the cost of credit is extremely low. That is
just common-sense wisdom as a way of creating jobs and getting things
done that are government’s responsibility and that have been put off for
too long anyway.
However, I have been saying for the last four years that
we squandered that opportunity for the past seven years as the
Republicans obstructed such attempts and as the Obama administration,
frankly, did very little to push such ideas through. Obama had no vision
and put more effort into changing bathroom laws. Trump does have
vision, but Obama already spent the debt capacity the US had for doing
such bold ideas. Now that the Obama administration has doubled the
national debt to $20 trillion, the debt relative to the total size of
the economy (when measured in GDP), as MacGuineas says, is the highest
its been since the end of WWII. Hitting that point is a game-changer in
terms of what you can now do with debt.
We’re at 100% of the total economy owed in debt! From what we’ve seen
in other nations that are bordering on collapse, going above that mark
gets seriously precarious, while even hitting that level suffocates the
economy. We’re at a debt load that is only survived at all because
interest rates are the lowest they have been in the history of the
world. (Literally. No nation has ever given money away to the degree
that nations around the world have been doing over the last few years.)
The current budget deficit is already running well over half a
trillion dollars a year, and that’s while making interest payments that
are almost nil. What will the deficit be if rates rise to historically
normal levels, even if we don’t finance Trump’s plan? No one knows
exactly what the maximum debt ceiling for any nation is, but I believe
we are now seeing a clear sign that we have hit that level, and “throw
it up against the wall and see if it sticks” doesn’t sound like a
well-thought-out plan that justifies another trillion in debt over time.
(Many say it will really come to five trillion.)
Summing up the Trumped-up tax benefits
On the surface of the Trump plan, what’s not to like if your in business or are a stock investor?
massively increased infrastructure spending … without paying for it
increased military spending … without paying for it
repatriation of corporate profits at low-to-no taxes
corporate tax cuts
personal income-tax cuts
capital gains tax cuts
How can you not throw the world’s biggest party when you’re doing all of that? So, let me start by saying I think it will
stimulate the economy … and the stock market, too. It has already begun
to do so. It is such a massive shift into finally applying fiscal
policy toward growth, instead of just relying on monetary policy,
that it forcibly revises the timing of my predicted Epocalypse … but
probably not by much.
It adds up to a form of government quantitative easing
as massive as everything the Federal Reserve has done and more —
entirely new ammo just as all the central banks are, as David Stockman
keeps saying, “out of dry powder.” The government will issue enough
bonds to pay for all that spending and all those tax cuts (which they
hope will make it possible for you to amp up spending, too), and none of
us have to ever pay for it!
That’s why Reaganomics stimulated the economy so much. We bought
everything and left it to others to pay for it. (We’ve just continued to
move that along and greatly increase it under George II and Obama.)
Since Trump’s plan will be the biggest pay-for-it-all-later flood of
stimulus in the history of the nation, how can it not boost the economy?
(Hint. I’ll tell you in a moment.)
The Federal Reserve provided $2.2 trillion of direct quantitative
wheezing. Trump is promising double that in new national debt alone. On
top of that, the amount of new cash back into the country as a result of
repatriation is estimated to be about another trillion. And then there
is the money they hope you will spend from your tax savings.
But where will all the money go?
Trump knows where the money the government raises through bond issues
will be spent (because he will control the spending), but he only
thinks he knows what will happen with all the repatriated corporate cash
and the corporate tax savings. Will most of that money go to expand
factories and create jobs as Team Trump says? … As Ronald Reagan said?
While Goldman Sachs is not trustworthy in the slightest, I think they
are right on the money here, and I’ll explain why:
“A significant portion of returning funds will be directed to [stock] buybacks based on the pattern of the tax holiday in 2004,”
the team, led by Chief U.S. Equity Strategist David Kostin, write. They
estimate that $150 billion (or 20 percent of total buybacks) will be
driven by repatriated overseas cash. They predict buybacks 30 percent higher than last year,compared to just 5 percent higher without the repatriation impact.” (Bloomberg)
This is a no-brainer in my view because I choose to learn from
history. In the absence of strong markets, corporations for the past
couple of years have focused primarily on using their cash to buy back
stocks and have used their available cheap credit to do even more
buybacks. Corporations have found that their boards and CEOs can make a
lot more money a lot faster with less risk by playing the market
with company stocks and company cash than actually building anything.
These buybacks don’t make any money for the corporations, so it is
not “business;” but they generate a ton of money for the wealthy owners
as they milk their corporations dry. Why would they change that plan if
more free money is on its way? Why would they spend it, as Trump and his
tax maestro’s think they will, on capital investments to build products
for which demand has been slowing? (If repatriation and corporate tax
cuts were conditional based on companies not doing any buybacks, then
maybe it would accomplish something more than jacking the stock market
up another time; but I’ve heard no rumor of such conditions being built
into the new tax code.)
Some of the money will also be spent on increased dividends to
shareholders to keep stock prices rising with enticements because that
is also what corporations have been doing in recent history. Those
dividends will, in turn, get reinvested in more stock speculation.
And then there will be acquisitions of new companies to make bigger conglomerates, which helps eliminate jobs. All of which does nothing for the general economy;
but it’s huge for the stock market. So, there are many reasons to think
the stock market could soar again to even greater bubblicious heights.
Infrastructure projects will kick some corporations into capital
investment by creating demand, instead of just supply; but, as Goldman
indicates, I suspect the recently adopted habits of going for the
low-hanging fruit will not end as the most favored way to put the
government plans directly into the pockets of the rich.
So, there are LOTS of reasons to think stocks will go up IF the plan
is enacted, and that’s why you see people quickly repositioning for that
now by moving to stocks like Caterpillar, which are cheap because the
company has been doing so poorly, but which should do well if the
government starts building lots of infrastructure that requires lots of
heavy equipment.
Of course, Trump will have to get all of this through congress. Dem’s
should love it, they wanted to boost infrastructure spending when
obstructionist Republicans resisted. Now that it’s the Republican plan,
most Republicans will approve it, except the diehard deficit hawks; so
the Repubs will need a few Dems to join them. Will they join, though? Or
will Dems return the Republican’s approach by dishing out their own
obstructionism, and will they get the few remaining fiscally
conservative Repubs to give them enough strength to obstruct the plan?
That part is anyone’s guess, but my guess would be that most of the plan makes it through because the nation expects action.
Who benefits when Trump’s cards are played?
Corporations are not that excited about the large nominal tax cut
because, for most of them, their effective rate is already that low or
even lower because of the endless loopholes their lobbyists have worked
into the system — dodges for which only those who can afford a battalion
of tax accountants and a fleet of attorneys need apply.
If Plan Trump does work, the people who benefit most will be the same
people who have prospered off the entire Great Recession so far. As I
say at the top of this site, “It’s been a great recession … for a few.”
(This is what I warned of about Trump’s economic plan before the
election.)
That’s why the stocks that are rising the fastest from the mere thought of the tax cuts are the Wall Street banks
that created the Great Recession! If they had known such a populist
shift would drive up their stocks, they would have voted for Trump
themselves. (Maybe they did and did protest too much only because they
knew the populace would vote for anything the banksters pretended to
hate, as I also said before the election. After all, remember how
Goldman Sachs intentionally counseled its clients to do the opposite of
what it was doing with its own money when they created the Great
Recession?)
The banksters certainly have nothing to complain about at the moment
as rising interest rates lift them out of bank hell, and they are no
more likely to be put in jail than their close friend, Crooked Hillary.
So, all of this is a bank holiday so far.
While the spending increases will create jobs and may benefit the
average person with higher-pay, there is a caveat so big that is already
undercutting the longterm success of the infrastructure-spending
stimulus program and could even stop it from happening by taking us
straight to default as the first step of true recovery.
The self-defeating effects of Trump’s spending spree
There is some certainty in all of this: Massively cutting taxes while
hugely increasing spending assures everyone that the government will
take on a lot more debt. That means issuing a lot more bonds and other
treasury debt instruments. That means interest will rise. In
anticipation of that, interest on bonds has already risen at the fastest
rate in history (1.5 times faster than the previous record in 1994).
And that rapid interest increase is happening at the mere thought of Trump’s program.
The rise in bond interest has also already translated into rising
interest on mortgages, which has triggered an increase in mortgage
applications as people see the writing on the wall and rush to finish
their home purchases before the rates climb higher still. In other
words, people are waking up to the fact that the days of low
interest are fading fast.
A few more certain conclusions follow from all of that: Rising
interest is certain to make Trump’s infrastructure programs harder to
accomplish without breaking the government. That undercuts the whole
idea laid out by Bannon that the time to buy new infrastructure is now
when interest rates are low. The plan has already started a
self-defeating loop where the cost of credit is rising rapidly long
before any specific projects are even talked about. That is a huge danger sign.
In other words, Trump’s plan appears to be defeating itself long
before it even goes to congress. As I’ve been saying for years, such is
the plight a nation eventually comes to when it reaches peak debt. You
pile the debt forward to the point where you cannot push it any further
because funding new expansion with new debt drives up your interest
costs beyond what you can keep up with.
The rapid rise of interest, even while the Fed has its target set to
the bottom, is a gauge that indicates we are there. All we can do now is
spin our tires, trying to push the snow drift any further, or kill our
engine.
Bond funds are facing a liquidity crisis. If you simply buy
government bonds directly and hold them for their full term, your money
is stuck but pretty safe … at least, until the government defaults, by
which point all bets of any kind are off anyway. However, bond funds,
which most retirement funds invest in, are another story. Since fund
managers buy and sell bonds, the value of their existing bonds drops
when the government and others start paying higher interest on new bond
issues in order to attract buyers. That causes people to rush out of
those funds, and the funds face a liquidity crisis, as we are now
seeing, leaving them struggling to try to find ways to cash those people
out who are fleeing the fund.
I have always questioned whether the bond market bubble would crash
first or the stock market bubble. Since Trump’s massive changes are
boosting the stock market before they even happen and breaking the bond
market, we can pretty well see where the economy is going to crack.
As Zero Hedge notes:
Each time the bond market has crashed in the last few decades, a financial crisis has quickly followed:
The rise in US interest rates is also pushing up the cost for many
other nations to finance their national debts because they have to
compete for investors. Following a decade of exponential increases in
sovereign debt and corporate debt, this rapid rise in interest rates —
still in its infancy — is the most dangerous thing that could happen. It
has the potential to be massively worse than a stock market crash
because it can take down entire nations around the world.
The question that remains is “Are we there yet?” Are we at that point
where Trump will not be able to raise funds for his projects without
raising the cost of interest on the national debt to a level that means
certain default because we cannot raise the debt fast enough to pay for
the interest increases that raising the debt causes?
Who knows, but the historically rapid rise in bond interest over the
past two weeks could be what “there” looks like when you finally find it
— a state where the mere thought of your plans drives up your financing
costs faster than you can even talk about the plans, making it
impossible to carry them out — a place where debt expansion ends itself.
If that happens, this stock-market rise will be short lived as it
builds in anticipation and talk of the plan but the cost of interest to
fund the plan turns the plan into an unobtainable mirage before it even
launches. That would cause panic in a market that just made huge changes
to reposition for the benefits of that plan, and it would leave the
market with nowhere to go. Unless the rate of rise in interest slows
down as quickly as it began, we will be there before the president-elect
takes office.
So, here’s an interesting little side effect: If bond interest keeps
rising like it has been, the next raise in the Fed’s interest target
becomes irrelevant. Whether the Fed raises its interest target or
not, the market is now taking over and raising interest for them — even
mortgage interest.
Trump’s program funding needs are so massive — at a time when the
nation already has more debt than it could possible afford if it had to
pay historically normal, market-determined interest — that the simple
thought of that financing need is a force with more power than the
strings the Federal Reserve pushes.
In fact, you have to ask, “If the Fed’s target interest rate is still
0.25%, why are they not holding things there right now? Are they unable
to do anything to slow the rise?” In the very least, Trump’s
plan will force the Fed into more quantitative easing because they will
have to soak up all of that government debt and add it to their own
balance sheet — just to keep the government debt affordable — but it
appears they have already lost the ability to hold rates down or have
just given up (as I said I thought they would if Trump won).
It is one thing when the Fed does quantitative easing just to
stimulate the economy; it’s quite another when quantitative easing
becomes a constant necessity just to keep the national debt affordable.
At that final phase of the debt trap, you are caught in a vortex of debt that you cannot accelerate your way out of.
Before you think that the Donald is a billionaire so he knows what he
is doing, bear in mind that the Donald’s own great expectations for
huge projects funded with debt have not always created prosperity … even
for him. In fact, those loses were so great that he still uses them to
offset 100% of his tax burden (up to the last available returns), and
those were simple, small-scale projects compared to rebuilding a nation.
He’s had several times when great expectations funded on mountains of
debt collapsed.
Dont’ worry about it, though. The Donald has plan for the nation if
they throw all of this at the wall and it doesn’t stick, which he has
already laid out:
“I’m the king of debt. I’m
great with debt. Nobody knows debt better than me,” Trump told Norah
O’Donnell in an interview that aired on “CBS This Morning.” “I’ve made a
fortune by using debt, and if things don’t work out I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” “How do you renegotiate the debt?” O’Donnell followed up. “You go back and you say, hey guess what, the economy crashed,” Trump replied. “I’m going to give you back half.”(Politico)
So, there you have it. That’s where this ends if Trump’s
infrastructure investment experiences debt problems. He’ll do the smart
thing and write off the national debt. That, of course, will bust the
entire financial world because nearly everyone owns massive chunks of
the US debt colossus. As Clinton said on the campaign trail in response
to Trump’s idea of defaulting our way out this funding dilemma …
“That could cause an economic catastrophe, and it would
break 225 years of ironclad trust that the American economy has with
Americans and with the rest of the world,” Clinton said. “Alexander
Hamilton would be rolling in his grave. You see, we pay our debts.”
Ironically, Alexander already did a little rolling in his theater last week.
I don’t blame Trump’s plan for any of this. I am merely pointing out
why the plan cannot save us, and how it is already showing us we are
there! Default on the national debt is going to have to happen because
the national debt is already unpayable, and the global economy is
sinking with so much inertia that we’ll never be able to raise it fast
enough to expand our way out of our debt problems because the massive
amount of new debt it would take to lift the economy is going to create
worse problems than what it solves.
So, I’m not concerned that Trump’s plan is going to cause the default to happen; I’m just looking at what it means for timing.
The real estate mogul countered that while he’s benefited from taking on debt in his business dealings, the U.S. is “sitting on a time bomb” with its national debt. President Barack Obama has grown the debt, Trump said, and Clinton “doesn’t have a clue” when it comes to debt reduction.
So, maybe that is the plan — take out as much debt as you possibly
can before you default. Why not? If you’re going to declare
bankruptcy anyway, make it worth doing by leaving yourself with assets
and everyone else with empty hands. At least, we’ll be in the hands
(albeit small hands) of someone who knows what do with exploding debt
bombs. If done right, it will rob the banksters back.
Deutsche Bank has some idea of what the bottom looks like and what
massive fall-out major defaults will cause because it probably has a
fair idea of where its own numerous debt problems extend, and Deutsche just issued the following stark alarm:
…the global financial system remains broken and extremely fragile. Secular stagnation trends are everywhere.The world has too big a debt burden for the current growth environment.
The whole world has this problem, but there is no growth environment that will take us out of itbecause
Trump’s growth program is the strongest we’ve ever seen applied, and it
is already digging its own debt hole deeper, faster than it can pay
for. Mere talk of the plan is increasing the plan’s financial costs (and
the nation’s current debt costs) at the greatest rate of increase the
US has ever experienced.
Thus, even Deutsche Bank offers a surprising statement, in spite of how bad a global default would be …
We would feel far more comfortable if the world went through a huge creative destruction period where zombie, inefficient debt was allowed to default–
thus ‘right-sizing’ the ratio between debt and GDP. However we’ve long
accepted that this is highly unlikely to happen outside of perhaps a
future break-up of the Euro. (Zero Hedge)
So would I! Otherwise, we just get to stagnate the rest of our lives
away and leave a world where our children will either do the same or be
the ones to experience the default, neither of which will be good or
right for them Allowing default to happen is, as I said at the start of the Great Recession, the only way out of the Great Recession. We
are wasting time and making it more likely to be much more disorderly
by putting it off. It is the one answer we have been forestalling
because we want to avoid the pain. Trump’s plan assures the day of
reckoning for bonds gets here faster, and that is probably for the good.
As with Deutsche Bank, I say, “Bring it on because we are never going
to avoid it.” We might as well put the pedal to the metal and see if
we can power through this debt-sunken quagmire, and go out in a blaze of
glory if we do not miraculously make it to the other side.
It’s like being up in the mountains in your four-wheel-drive while it
is raining the whole time you’re up there. You turn around to head back
and discover you have a three-foot-deep pond of mud across the road
that you almost certainly will not make it through. So, what do you do?
You roll up the windows and try to power through with all you have, even
though you know you’ll probably never make it, because the alternative
is walking twenty miles out of the mountains in cold rain anyway. You’re
at a point where the only remaining question is “What do you have to
lose?”
That’s where we are, and I think that’s why Bannon says, “We’re going
to throw it at the wall and see if it sticks.” Assessing the situation
realistically gives you the advantage to note this is good time to
get the hip waders out of the back of the truck and put them on now, so
you don’t have to cover yourself with waist-deep mud after you crawl out
the window in order to walk your twenty miles soaked to the skin in
mud. So, prepare!
Even the world’s largest failing bank now recognizes that a global debt default is the best way to put this problem behind us. I have consistently said that is the only way. So, prepare.
Since the world, itself, is repositioning from years of centralized
globalization to national populism, the Euro breakup that Deutsche Bank
seems to be hoping for could easily be as close as 2017. Brexit has
begun the process. The US joined them by voting for Trexit. Italy looks
about to give the Eurozone a good kick in the butt.
The world’s largest bank, which is experienced enough to have
survived the Great Depression, finally recognizes the inevitability of
something I have been saying from the very start of the Great Recession
(which is why I continue to refer to the state we are in as “the Great
Recession” because we never ended the problem but just kept pushing it
forward): debt default is the only way out. Frankly, I think Deutsche
knows that, if it defaults, the world defaults with it; so it would
rather things start the other way around. They’d feel “more comfortable”
with that because then they wouldn’t get all the blame when the world
crumbles. It shows how little hope they have for their own recovery,
apart from a global default.
Trumped-up hope is buying the stock market a temporary reprieve from
crashing, but that only means the bond market will be the first tsunami
to arrive on shore. So, while Trump’s plans may delay the Epocalypse
I have written about because the scale of his planned change is so
huge, it is already showing that a debt default is likely by the rapid
increase in interest rates.
The world’s biggest failing bank sees no way out for the entire
planet but a global catastrophe and now advocates “the sooner the
better; let’s get it behind us.”
Even Trump has acknowledged from the beginning the strong possibility
that it all ends in default, but he says he’s the best one to guide us
through that, and maybe he is. The unfortunate part is, as he said
during his campaign, that many liberal fools will blame him for a
collapse that was already inevitable. People who read sites like this,
however, will know when such a thing is said that it isn’t true. This
calamity could be seen coming from miles away by anyone not steeped in
economic denial.
Prepping with food storage:
Your LEAST expensive, longest-lasting supply of nutrients, which will
endure for years is to buy large bulk food supplies like 50-100-pound
bags of rice and dried beans and large amounts of honey. You can
probably buy those locally at your grocer or at an Asian food market.
These don’t need to be rotated each year like many food supplies, and
are inexpensive, and will keep you alive for a long time if supplemented
with other foods that can be easily mixed with them during food
preparation. They mix with almost anything. Of course, they are also
extremely boring if used for a long period. (Boring beats starving, and
they give you something to share.) So, if you want something with more
variety to mix it up a bit, sealed buckets of dehydrated food supplies
are another kind of option: Large bags of rice:
Islam and Satanism are so identical as to be barely distinguishable
Some argue that we cannot discriminate against any group of people based on their religion. I proffer that we not only can, but should – and that we have an obligation to do so. This is true of Islam and Satanism.
Islam and Satanism are so identical as to be barley distinguishable. Both have one central enemy, Jesus Christ. They hate Jesus’ Father, God, and His chosen people, the Jews equally.
Satan is the father of all lies, Islam is a religion of lies founded by a murderous pedophile and nowhere in this religion is found the word “love.” But Islam is not even a religion, although worship of Satan (Allah is Satan) and Mohamed (their false prophet) is a part of Islam, it is a political body – a war machine if you will, masquerading as a religion.
The history of Islam is war, murder, terror, invasion, blackmail and domination.
Islam and all practitioners of Islam should be deported immediately. Anyone promoting Islam should be arrested for sedition and treason.
Islam is antithetical to the well-being and safety of the United States and even in their own words -- they are not here to integrate, but to dominate. Don’t listen to these words above, listen to what they openly say! Then listen to these words above.
Forget the Syrian Civil War for a moment. Even without the Sunnis and Shiites competing to give each other machete haircuts every sunny morning, there would still be a permanent Muslim refugee crisis.
The vast majority of civil wars over the last ten years have taken place in Muslim countries. Muslim countries are also some of the poorest in the world. And Muslim countries also have high birth rates.
Combine violence and poverty with a population boom and you get a permanent migration crisis.
No matter what happens in Syria or Libya next year, that permanent migration crisis isn’t going away.
The Muslim world is expanding unsustainably. In the Middle East and Asia, Muslims tend to underperform their non-Muslim neighbors both educationally and economically. Oil is the only asset that gave Muslims any advantage and in the age of fracking, its value is a lot shakier than it used to be.
The Muslim world had lost its old role as the intermediary between Asia and the West. And it has no economic function in the new world except to blackmail it by spreading violence and instability.
Muslim countries with lower literacy rates, especially for women, are never going to be economic winners at any trade that doesn’t come gushing out of the ground. Nor will unstable dictatorships ever be able to provide social mobility or access to the good life. At best they’ll hand out subsidies for bread.
The Muslim world has no prospects for getting any better. The Arab Spring was a Western delusion.
Growing populations divided along tribal and religious lines are competing for a limited amount of land, power and wealth. Countries without a future are set to double in size.
There are only two solutions; war or migration.
Either you fight and take what you want at home. Or you go abroad and take what you want there.
Let’s assume that the Iraq War had never happened. How would a religiously and ethnically divided Iraq have managed its growth from 13 million in the eighties to 30 million around the Iraq War to 76 million in 2050?
The answer is a bloody civil war followed by genocide, ethnic cleansing and migration.
What’s happening now would have happened anyway. It was already happening under Saddam Hussein.
Baghdad has one of the highest population densities in the world. And it has no future. The same is true across the region. The only real economic plan anyone here has is to get money from the West.
Plan A for getting money out of the West is creating a crisis that will force it to intervene. That can mean anything from starting a war to aiding terrorists that threaten the West. Muslim countries keep shooting themselves in the foot so that Westerners will rush over to kiss the booboo and make it better.
Plan B is to move to Europe.
What's This?
And Plan B is a great plan. It’s the only real economic plan that works. At least until the West runs out of native and naïve Westerners who foot the bill for all the migrants, refugees and outright settlers.
For thousands of dollars, a Middle Eastern Muslim can pay to be smuggled into Europe. It’s a small investment with a big payoff. Even the lowest tier welfare benefits in Sweden are higher than the average salary in a typical Muslim migrant nation. And Muslim migrants are extremely attuned to the payoffs. It’s why they clamor to go to Germany or Sweden, not Greece or Slovakia. And it’s why they insist on big cities with an existing Muslim social welfare infrastructure, not some rural village.
A Muslim migrant is an investment for an entire extended family. Once the young men get their papers, family reunification begins. That doesn’t just mean every extended family member showing up and demanding their benefits. It also means that the family members will be selling access to Europe to anyone who can afford it. Don’t hike or raft your way to Europe. Mohammed or Ahmed will claim that you’re a family member. Or temporarily marry you so you can bring your whole extended family along.
Mohammed gets paid. So does Mo’s extended family which brokers these transactions. Human trafficking doesn’t just involve rafts. It’s about having the right family connections.
And all that is just the tip of a very big business iceberg.
Where do Muslim migrants come up with a smuggling fee that amounts to several years of salary for an average worker? Some come from wealthy families. Others are sponsored by crime networks and family groups that are out to move everything from drugs to weapons to large numbers of people into Europe.
Large loans will be repaid as the new migrants begin sending their new welfare benefits back home. Many will be officially unemployed even while unofficially making money through everything from slave labor to organized crime. European authorities will blame their failure to participate in the job market on racism rather than acknowledging that they exist within the confines of an alternate economy.
It’s not only individuals or families who can pursue Plan B. Turkey wants to join the European Union. It’s one solution for an Islamist populist economy built on piles of debt. The EU has a choice between dealing with the stream of migrants from Turkey moving to Europe. Or all of Turkey moving into Europe.
The West didn’t create this problem. Its interventions, however misguided, attempted to manage it.
Islamic violence is not a response to Western colonialism. Not only does it predate it, but as many foreign policy experts are so fond of pointing out, its greatest number of casualties are Muslims. The West did not create Muslim dysfunction. And it is not responsible for it. Instead the dysfunction of the Muslim world keeps dragging the West in. Every Western attempt to ameliorate it, from humanitarian aid to peacekeeping operations, only opens up the West to take the blame for Islamic dysfunction.
The permanent refugee crisis is a structural problem caused by the conditions of the Muslim world.
The West can’t solve the crisis at its source. Only Muslims can do that. And there are no easy answers. But the West can and should avoid being dragged down into the black hole of Muslim dysfunction.
Even Germany’s Merkel learned that the number of refugees is not a finite quantity that can be relieved with a charitable gesture. It’s the same escalating number of people that will show up if you start throwing bags of money out of an open window. And it’s a number that no country can absorb.
Muslim civil wars will continue even if the West never intervenes in them because their part of the world is fundamentally unstable. These conflicts will lead to the displacement of millions of people. But even without violence, economic opportunism alone will drive millions to the West. And those millions carry with them the dysfunction of their culture that will make them a burden and a threat.
If Muslims can’t reconcile their conflicts at home, what makes us think that they will reconcile them in Europe? Instead of resolving their problems through migration, they only export them to new shores. The same outbursts of Islamic violence, xenophobia, economic malaise and unsustainable growth follow them across seas and oceans, across continents and countries. Distance is no answer. Travel is no cure.
Solving Syria will solve nothing. The Muslim world is full of fault lines. It’s growing and it’s running out of room to grow. We can’t save Muslims from themselves. We can only save ourselves from their violence.
The permanent Muslim refugee crisis will never stop being our crisis unless we close the door.
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The #1 Reason Why Russia Will Defeat the US in WW III
WAR HAS BROKEN OUT IN NORTH DAKOTA 
