Americans believe they have freedom, but freedom to seek knowledge is increasingly constrained. Combining government enforcement powers with private corporations’ wealth and immunity from Constitutional protections, the “public-private partnership” is a formula for medical tyranny.
What would happen if Twitter allowed compare-and-contrast information for Paxlovid vs. ivermectin, which share a common mechanism of action? Number of studies: 3 for Paxlovid, 82 for ivermectin; number of patients studied, about 5,000 vs. more than 129,000; duration of experience with use, months vs. decades (approved in 1987); number of patients who have taken drug, thousands vs. billions.
Just after Elon Musk bought Twitter, promising more freedom, the Biden administration announces a new government agency to “protect” Americans and the world from harmful disinformation, especially about the COVID pandemic.
It is called the Disinformation Governance Board, although some would call it the Minitrue, short for Ministry of Truth, the ministry of propaganda in George Orwell’s novel 1984. The abbreviation differs from KGB by only one letter.
There is the First Amendment, of course, but there is precedent for disregarding it, especially in war. Newspapers were shut down and editors arrested for expressing anti-war views, at the time of the Civil War by Abraham Lincoln and World War I by Woodrow Wilson. President Wilson even suppressed information about the raging 1918 influenza pandemic so as not to interfere with the war effort. The U.S. Supreme Court upheld Wilson’s Espionage Act and its 20-year prison terms. Wilson even demanded that the Librarian of Congress report the names of those who ordered certain books! Today’s technology permits government to find out if you even looked at a book or article online. More
When it comes to honesty, truth, integrity, righteousness and much more, one day, which may be very soon, various countries in the world and the people therein will be weighed in the balances with regard to their selfish motives, acts of murder, lust for power and money, while including ruthlessness and treason which for the moment goes far beyond government and includes the corporate sector, the schools, the courts, government agencies and finally a ticking time bomb of civil unrest, to where even the family units are being torn apart by disinformation, censorship, rebellion, and also various ideological covert themes which are used as pure indoctrination and beyond.
While looking at America, at this very moment in time, I am not the only one that sees the chaotic condition of the country and the unbelievable manufactured direction it is going. It’s condition and other nations included, are promoting many valueless ideals, that has reached the tipping point to where the youth are fully unable to adjust to what I have stated before which is America’s great falling away and culture shock! Clearly, this fact has also affected all ages as well. Presently, there is a cold and heartless condition that goes far beyond the pandemic to where the people are sadly living in another space in time, all the while, there seems to be no hope and no light at the end of the tunnel. Now then, let us take this discourse a bit further to where the very eyes of the soul shall be opened.
Friends, presently, there is a war going on for your minds and has been purposely orchestrated by those powers that be who are dead set on not solving major problems that they created, yet they will increase the problems while rebellion and chaos goes along with their ultra sick formula. For now, let us take this far beyond the “deep state” to where our eyes may be opened.
Amazon has just unveiled their plans for their new corporate headquarters that will stand in Arlington, Virginia, directly across the Potomac River from Washington DC. The new building will be built in the likeness of the Tower of Babylon! What country am I in anyway? How far has America fallen? Somebody out there pinch me. So, this is the brainstorming being done during the “Plandemic” while all the eyes were on vaccines and social distancing? One does not have to go to school to understand where we are now in 2022 and clearly the “State Of The Nation” along with the “great reset” and the destruction of America’s foundational value system is presently being broken into a thousand pieces. Are you still with me on this?
So, it is quite plain to see that there are rebels who are on a mission to bring an evil agenda not only to America but to the world which is sadly rooted in historical documents and even biblical accounts that point to the warrior Nimrod who chose to lead and build the city of Babylon along with the Tower of Babel which would then reach the heavens in an act of direct defiance towards God.
Historically, Nimrod, was one of the great grandsons of Noah who had gone his own way, and after he had completed the task of building the Tower of Babel, it did not turn out very well. This defiant rebellion caused a stir in the heavens and the spoken language that was familiar at the time was suddenly changed to where the people could no longer understand one another as the languages were then made all different to where the people could not even communicate with one another. Yes, there are consequences when one chooses to depart from foundational values and standards that are meant for the people’s own good and their prosperity.
Now then, I will close with this. If our leaders and the people rebel, there surely will be consequences that will not only affect those who work towards the greater good, but also for those who are young and seeking better guidance and encouragement, which in the end, will enable them and society to build a better life and a future for themselves, their family, and their friends. The American Dream is still in our reach and it is not measured in how many cruise ships you own, nor is it measured in one’s earthly achievements or bank accounts. The measure you give will be the measure you get. Let genuine love for one another be our guide to where the next generations will once again be blessed beyond measure.
I originally wrote this in 2008. At the time, I was attacked as a fear monger, a conspiracy theorist, just another person who was crying wolf over a seemingly innocuous issue. So…what do you think now? We are being systematically referred to as commodities, bought sold and traded as if we were merchandise. Within our DNA lies the keys to the kingdom. Proceed with caution: the enemy is inside the gates.
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The Genetic Nondiscrimination Act of 2003 (S. 1053) was passed unanimously by the senate supposedly prohibiting discrimination in employment or job promotion on the basis of genetic information and/or family history. Exempted was the right of employers test for work associated hazards. In addition it prohibits insurance companies from using genetic information or family history in determining who it will insure or what rates an individual or family will pay for coverage.
The fact that insurance companies were specifically identified as potential abusers of genetic information is clearly a statement that, attempts to abuse the information or to gain access to it was already being done.
The newborn DNA databases in all 50 states is used in medical and research applications and experiments and can and usually do, include links to medical records of the entire family history of the tested individual. Blood and tissue specimens can be preserved for infinity and re-tested multiple times. Even though parents or individuals can request destruction of the samples, you have no guarantee that the samples were destroyed, and regardless, the information that was gleaned from the samples remains on record…..meaning you have in essence destroyed nothing.
Data mining, now done routinely on multiple levels by our state and federal governments, is providing information that has been gathered by ChoicePoint of Georgia, along with other companies who make a business out of gathering and selling your personal information to the FBI, and any other intelligence or government agency. In the specific case of the FBI, there are still a few restrictions in place that disallow information gathering on US Citizens without probable cause. With companies such as ChoicePoint, ethical or moral questions never apply to the more than one billion dollars they have been paid by the federal government to data mine your personal information.
ChoicePoint has made clear its intent to construct a data base on every individual in the US and to include everything from genetic information, medical records, credit history, family history, spending habits, voting records, and every other type of information it can find on you and to compile it into billions of files that are for sale to insurance companies, researchers and experimenters, and to the government. Companies such as ChoicePoint provide the end-run around the law by compiling and then selling as a commodity, information to agencies like the FBI, or huge insurance companies who might otherwise be prevented from having or gathering the information.
The attempts to track us and use the information about our genetic history don’t stop here. The US military now has made it mandatory that military personnel be DNA tested. The reason given is that it will make battlefield identification easier. And it would. But that isn’t why they are doing it and it doesn’t explain why DNA data is being stored for 75 years and subjected to massive testing and experimentation. More
GHISLAiNE MAXWELL- on trial for her part on child – sex trafficking
Compared to a year ago where are the FEMA CAMPS at now?
CRIMINALS ON KILLING SPREES/B&E- BURGLARY Who pays for this?
Join Marti Oakley, Stephen Burke, and James Treat along with your host, Tanya Hathaway.
Do you have an opinion or a talking point? We will be taking calls tonight. (917) 388-4520 press #1 when the system picks up.
“The fight for justice is never easy. It never has been, and it never will be. It exacts a toll on our self, our families, our friends and especially our children. In the end, I believe, as in my case, the price we pay is well worth holding on to our dignity. –Frank Serpico
Do you have a story that you would like to share that involves public wrongdoing? Would you like to volunteer or contribute to Journeys To Justice, Inc.? If you would, please reach out to Tanya Hathaway at journeystojustice@outlook.com or injusticeinoklahoma@gmail.com
On Monday night, 15 November 2021, Marti Oakley and John Leckrone will be discussing occult (hidden) knowledge. Messages are being sent to all of us every day. If you know how to read the daily headlines you can actually see what is really going on. It is a ritualistic mocking of the intended victims. John will be discussing the Astroworld fiasco, crypto currencies and central bank digital currencies, propaganda and trauma based mind control, the sacrificing of people as well as hope for our future. The battle is raging but the tyrants are fast losing their momentum. The push back has been fierce and people are finally awakening to the global tyranny of this slave based system. By preparing we can help each other through this and rebuild a much better world on the other side of this global economic reset and totalitarian new world order agenda. Knowledge is power so you won’t want to miss this show.
John Leckrone and Marti Oakley are investigative journalists who expose the new world order agenda for what it is and shine the light of truth on their criminal plans. The show begins at 8 p.m. Eastern Time, 7 p.m. Central, 6 p.m. Mountain and 5 p.m.
Reflecting upon the U.S. and all that has transpired over the last 60 years in a country meant to be free and for and by the people, a person would have to have had their head in the sand not to realize that their government, federal and state, has been compromised and corrupted to the very inner core, for a very long time. All the while our so called “representative government”, quite frankly, dropped the ball to where the DOJ was used as cover between 2018 and 2020 which also included aa freight train of counterfeit government agencies used as interference in a stolen election. Also involved was the corrupt mainstream media, and the like, along with unconstitutional courts that favor big government and over the top legalism. Lest we not forget and be reminded, there were the internet players that monopolize the airwaves to where millions of people are misled and guided through their computers and cellphones while being sold out to a dictatorial, Big Brother, massive indoctrination and a New World Order where people will not have the right to vote. The European Union and the UN are the main two the test runs.
MASSIVE DISINFORMATION AND CENSORSHIP ABOUNDS
Big government’s orchestrated charade has quite easily ended up being a very tough act to follow, by any standard, and to where the best magician could not even keep up with the amount of tricks that were involved in the endless amount of disappearing acts, to where there was no end in sight ,aka, the stolen election, “trickle down economic theory”, the phony “war on drugs”, growing lawlessness that abounds, chaos, burning the cities, homelessness and finally mega millions belonging to those alias high rollers who are are the priests of their secretive and carefully woven sinister tapestry, complements of the money changers of those “off shore banking elites.”
POWER GRABS, GREED, GRAFT AND PROPAGANDA; THE FREE RIDE FOR THE TOP 1%
Most of the top wealthy, for a long time, does not have the people’s best interest in mind.How do I know this.One does not have to be a rocket scientist to see this.All one must do is start counting the number of mobile home parks in America.22 million people live in mobile homes and 9% of the new starts for housing are made up of mobile homes.That’s just a sample of the poverty in America while billions of dollars go to the Pentagon and NASA.Thus, low wages, inflation, various taxes, a wheel barrow full of needless laws, yearly, fines, permits, and finally federal, state, and county overreach that plays their hand and fleeces the flock for whatever was left in the cookie jar.
Think about that. What if those elected officials had stood up in our defense instead of knuckling under to the latest attack on the public and our disappearing rights and protections?
I am a political atheist. I don’t care how you label yourself whether right vs. left or maybe Republican vs Democrat or Conservative vs Liberal. Once you box yourself in with a self assigned label, and align yourself with some prefabricated notion of political ideology and refuse to continue to re-evaluate your position, your ability to think critically is compromised. We saw this boxed in thinking in the recent explosion on the net stating that Biden had issued a mandatory vaccine Executive order.
About that vaccine mandate issued by Biden: There isn’t one.
While rumors abound that congress and the judiciary were intentionally exempted by Biden from being poisoned with what I believe is this bio-weapon, the truth is he had no authority to mandate they do anything. Due to the separation of powers, the president does not have authority to pass mandates that would affect the judicial or legislative branches. To do so would violate the separation of powers. More
We are in the middle of an attempted global genocide attempt and failed neocommunist takeover. The method is unique: the “lockstep” of ubiquitously normalising the ridiculous and immoral via fear propaganda and the slave submission symbolism of face muzzles.
But we have been here before: the Holodomor in Ukraine, the Bolshevik Revolution, the Chinese Cultural Revolution… and plenty more. Governments routinely are captured by criminals and psychopaths, and turn on their population, who stand by in disbelief that this could happen to them. Learned helplessness means people assume they have no power to change anything, when all it takes is one person in any group to break the groupthink.
Enough of us have resisted the lockstep brainwashing and social conformity pressure for the bioweapon scheme to have failed in its goal of a global takeover. A critical part of this has been the Trump administration’s exposure of the enemy, and the Q project preparing a significant portion of the population to be the nucleus of resistance. These “anons” cannot be divided or demoralised.
A helpful assistant has spent many hours reading and summarising Covid related articles that I have curated, and locating relevant videos. Click on any title to go through to the article.
This is heavy stuff. Just remember that as a member of the “vaccine” control group you are not obliged to have a miserable genocide. Some of us have only incarnated here for the giggles of observing the absurd tragedy… and to build a parallel society as the failed old one collapses.
President Biden delivered a big boost for vaccine mandate opposition on September 9, 2021 when he laid bare his “Covid-19 Action Plan.” The six-pronged attack uses executive agencies, “military health teams,” and his claimed authority to bully all Americans into a medical decision. Far from scaring Americans into submission, Biden’s words propelled people to action—and the most powerful thing you can do is join them! We are here to help and give you the opportunity to use your voice and, collectively, to show our strength in numbers.
The president called for sweeping vaccine mandates for private and federal employees and contractors, teachers and health care workers. Employers with over one hundred workers will face fines of $14,000 each incident if they do not implement a mandate for vaccines and testing. The Administration is increasing spending to promote boosters and tests. It will use the “full legal authority” of the Department of Education to insert itself into the sovereignty of the states’ right to protect its own citizens and school children. It will deploy “Federal Monoclonal Antibody Strike Teams” in partnership with HHS, FEMA, and the Department of Defense.
All of this, despite Biden’s campaign promise on December 4, 2020 that he “wouldn’t demand it be mandatory.” In a press conference on July 23, 2021, when asked about a federal mandate, White House press secretary Jen Psaki confirmed, “That’s not the role of the federal government.” She reminded Americans, “That’s the role that institutions, private sector entities, and others might take.”
Biden referred to the 80 million unvaccinated Americans as a threat. “That 25% can cause a lot of damage.”
And you know what? He’s right. Our strength is in our numbers.
We are not going to comply. The White House plan is a massive overreach into states’ rights. Health and welfare has never been the role of the federal government, and never will be. Governors across the country immediately mobilized to fight the federal power grab in their states. Biden declared: “I’ll use my power as president to get them out of the way.”
In the words of the president, “What more is there to wait for? What more do you need to see?”
The time is NOW to tell the president he does not get to operate outside his bounds. He does not have lawmaking power. He does not get to declare away the Constitution of the United States.
Nothing has changed in the White House strategy, but it is now laid bare for all to see.
What has changed is, people are waking up because of the president’s desperate assertions of power over the American people. He is grasping at straws. The “pandemic politics” of the president are completely illegal, illogical, and unethical. American people are mad and waking up.
We still have options. We have the Constitution, exemptions and our voices. We have state governors fighting “to the gates of hell” for our liberties and livelihoods. We have the added energy and growing numbers in the face of this president’s mad grab for power. This may not be the worst of what the White House will attempt. So we must stand now. If we do not, we will have no legs to stand on and no room to complain when things get worse.
We will help you put Biden’s mandates into perspective on Tuesday at 1 p.m. EST through an exclusive interview with health freedom attorney Kris Ann Hall. Follow Stand for Health Freedom on Rumble to tune in.
You can help bring more Americans together in solidarity for health freedom by supporting SHF. Every day thousands more are joining us. Every social media share, and every dollar donated counts toward building the largest voting bloc nationwide and arming Americans with vital information to safeguard our health rights. Please give today, share our message of health freedom far and wide. The only thing that will stop this wave of tyranny is grassroots education and showing our strength in numbers.
In my Opinion……
The number of claimed covid deaths is significantly lower than reported, and deaths from the so-called vaccines continues to rise. While some crow about “remarkably safe, effective” vaccines, nothing could be further from the truth. It never has been true no matter which vaccine you are reviewing. Although widely available, these jabs have taken the lives of nearly 15,000 individuals, and permanently injured many hundreds of thousands. There is nothing safe about them. The public is being used to conduct test runs and they are paying a high price.
In an effort to further antagonize and propagandize the public, numerous articles are appearing across the net concerning how to limit the spread of this illusive virus that no one has been able to isolate: or so they say. Now, its the Delta Variant. This variant is a direct result of the vaccines and is highly transmissible. Looming on the horizon is the so-called lamda variant, another offshoot of the vaccines. So what do they suggest we do about that?
Take flying for instance.
If you are forced to fly with a plane load of passengers who are vaccinated and spreading the new variants…what protection do you have? None. More
This is by far the largest increase of recorded deaths in one week since they started reporting deaths following COVID-19 shots.
Besides the 9,048 deaths, there are 7,463 permanent disabilities, 56,971 Emergency Room visits, 26,818 Hospitalizations, and 7,822 Life Threatening injuries following the COVID-19 injections. And yet, none of this government data will be reported in any corporate media news broadcast, and those who try to post it on the Big Tech social media sites will be flagged for “fake news” by the “fact checkers.”
These are not even the true numbers, as the CDC selectively chooses what to release to the public each week, and of course many deaths and injuries go unreported because the public is conditioned to believe that none of these deaths and injuries have anything to do with the COVID-19 shots. To put this into perspective, there are now 30% more deaths recorded in 7 months since the launch of the COVID-19 shots in December of 2020, than during the entire 31-year history of VAERS recording deaths following vaccines since it started in 1990. 1990 to November 2020: 6,145 deaths following ALL VACCINES. December 2020 to July 2, 2021: 9,048 deaths from COVID-19 shots only.
Whistleblowers is brought to you in coordination with Marcel Reid and the Annual Whistleblowers Summit.
Our guest tonight is Carrie Devorah. Carrie is a recognized whistleblower. Carrie was recently confirmed as a successful whistleblower by the SEC on, what I expect is the first, of more confirmations to come.
“Idid the TIP Whistleblower pursuit on my own. I was not represented by Counsel. This is unheard of, moreso since I am the Financial Crime victim.”
Larry P. Ann
President, Hillsdale College
Dear Mr. Ann,
Your plea for support to educate the public on the adverse affects of Socialism has been noted. It is respectfully submitted the adverse affects are not from the manifestations of Socialism but from the method of financing the government enforcement of imposed social benefits.
The benevolence of homo sapiens is visible in every natural tragedy. The physical involvement to assist the victims, and the received financial gifts freely offered witness the love and compassion for unknown victims of tragedy. But when government becomes involved, with forced extractions to fund the benevolence, the methods of financing become extortion with corruption and not love.
Governments have developed methods of confiscation of the public’s wealth without touching the pocketbook of each individual. One such method may be called deficit spending. Ginsberg has identified the forefathers of the USA system resulted in chaos and social ruin for more than 800 years. Tayyab Mahmud’s lengthy analysis has concluded financial entities consistently receive great benefits from recent financial collapse. Let us turn to the financial structure imposed on the USA some 100 years ago. More
“What difference does an increase in the National Debt make? We owe it to ourselves.” virtually every congress-critter has declared. Such a paraphrased program gives the federal government/ congress purchasing power not previously available—to buy votes from home. Unfortunately, the inflation created dilutes the purchasing power and value of assets owned by individuals. The system also conceals the immense transfer of value to bankers, which has justified the intense subterfuge and arm-twisting necessary for the Fed’s creation—that this paper exposes. The inherent destructive forces, evidenced by historic Rothschild banking1 and mathematical analysis, are also identified.
The medieval Rothschild banks established a line of credit for the King provided he pledged collateral with a written promise to pay gold with interest to the bearer at a time in the future. The book-entry Rothschild credit was used to satisfy obligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king’s promise to investors for hoarded gold. The promise (security) was renewed by the bank on its maturing date and became perpetually rolled-over. 2
VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors gained interest on their assets and a promise the king would eventually return their gold—which would never happen.3 Everything went smoothly as long as the bankers could sell the promise and the investors, or merchants, did not demand the gold.4 The king would pay the interest with more credit from the bank so the credit cost nothing. The schemes stole the wealth from the people with itsbook-entry fiat money5until the people brought a catastrophic climax.6
The Federal Reserve system does the same thing with the U.S. government’s deficit spending. The banking wizard is hiding behind Frank Baum’s curtain of the government image Federal Reserve marquee7 as obscurant to any public inquiry.8The Federal Reserve Bank of New York will grant credit (not “create money”) in an account of the U.S. government in an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve. Historically, it was identified to be redeemable for gold, silver, or lawful money. It is now identified as a “tender” (substitute) required by law to be accepted for an imprinted number of dollars. What you have is what you get. [It is touted to the public as a loan.] 10More
While politicians and MSM cry hysterically about socialism and communism in order to strike fear in the public, the real danger we face is fascism; the corporate control of everything, including our daily lives. Unfortunately too many members of the public drank the kool aid on this one, refusing to accept the true state of affairs that has decimated our economy and is in the process of destroying the lives of everyday Americans.. As corporations that have been determined to be “too big to fail” are bailed out for the second time since 2008, you’d think we would get the message. We, the public, are expendable. We are not “essential”.
Even with the ongoing attempts to censor anything not in line with the government propaganda, the information about the virus continues to surface. Doctors, scientists, microbiologists and many other qualified individuals continue to sound the alarm to convey to the public that they are being set up and lied to. Even so, those who are firmly rooted in the political divides; those who haven’t figured out the biggest conspiracy theory’s ever presented to the public originate from government, and those who just blindly accept whatever they are told hold firm to the biggest conspiracy theory of our lifetimes, if you discount 9/11.
The real reason for social distancing
It seems to me that if this so-called deadly virus spread as quickly and easily as is claimed, standing six feet apart would be of no benefit. The idea that it would borders the ridiculous. Everyone would have to stand perfectly still inside a plastic bubble in order for this to be of any reasonable use.
Keeping us separated has one very distinct purpose. This is a psychological maneuver intended to isolate us and to embed into our minds a sense of isolation. Isolation is a well known form of psychological torture and has a deleterious effect on the mental state of human beings. We are herd creatures and being separated from one another is not a natural state for us. But as long as they can keep us separated, it makes us far easier to manipulate and control.
If there was any real possibility of this virus spreading the way it is claimed, absolutely everything would have been shut down, including large corporate stores and businesses.
Can someone please explain why the majority of local businesses had to close down because of this non-pandemic virus, but huge corporations can continue to operate; the House and Senate can continue to assemble. For God’s sake Home Depot and Walmart are still operating among other like businesses.More
“In less than a month, they have passed the $8.3 billion vaccine bill, the $100 billion relief and paid leave package and the $2.2 trillion Everything Bailout, and are now racing toward another $1.0 trillion interim CARES 2 funding bill to essentially double-down on all the outrageous pork and Free Stuff that was contained in CARES 1, which the House did not bother to even debate or approve by recorded vote.
And, alas, all of this is preliminary to the impending “stimulus/infrastructure” bill where the bidding starts at $2 trillion, meaning that the Imperial City is in the throes of a fiscal bacchanalia that defies imagination. It will leave America with unspeakable debts, political dysfunction and economic debilitation for years, if not decades, to come.”
The crazy thing about the COVID-19 “crisis” is how easy it is for the state and its media to frighten the public and manipulate ill-informed citizens into embracing economic and social decapitation.
Blinded by scary headlines based on irrational speculation—subsequently revised downward and published on page C-23 of corporate newspapers demanding a bailout—the American people have embraced authoritarian measures supposedly imposed to win a battle against an invisible enemy.
We are now beyond the point of no return. The inflicted economic and social damage has already taken a heavy toll and it will get worse the longer health bureaucrats, state governors, and a remarkably clueless president and his apparatchiks demand we stay imprisoned in our homes, frightened of a bug the state and its media have fictionally rendered as an insatiable and inescapable Gorgon of Doom.
The COVID-19 crisis has been engineered by Bill Gates from seasonal flu in order to crash the global economy, normalise authoritarianism, and further the elites’ goal of one world government. https://t.co/UVoOTB6OZE
Scott C. Tips, president of the National Health Federation, writes:
In February 2020, the World Health Organization (WHO)—never known for its accuracy or consistency—declared a “Pandemic” for the coronavirus and claimed that the mortality rate for the novel coronavirus disease now designated as COVID-19 was 3.4%, while that for the seasonal flu was 0.1%. Of course, the news media ran with those numbers and splashed scary headlines across the World stating how much more deadly this new virus was than the seasonal flu. The problem with WHO’s statement, however, was that they applied two different formulas for the two viruses. For the COVID-19 disease, for example, they simply didn’t count any of the mild cases of COVID-19 that resolved themselves; yet, they did with the seasonal flu. If WHO were to apply the same formula to seasonal flu cases as it did with COVID-19 cases, then the seasonal flu is revealed more truthfully as being twice as deadly as the COVID-19 virus.
In other words, the globalist WHO—essentially a PR group for transnational Big Pharma and what should be considered the health-industrial complex—is engaged in massive fraud.
I have been listening to the US presidential press briefing today about the coronavirus, and it looks like we’re going to be practicing social distancing and stay at home procedures through the end of April, and probably a lot longer. They are gearing up the American people for a prolonged shutdown. And if people don’t believe this, they are sadly misinformed. The US and world economies will be toast after this pandemic is finally declared over by the powers that be.
The president has been speaking about how there would have been 2.2 million deaths in the United States if the stay at home and social distancing guidelines that are currently being practiced had not been implemented. It’s almost like he’s following a script. The crisis is not over? They are claiming victory before the storm has passed; based on their claims, this is a real virus.
As of this writing, there are supposedly 2,438 fatal cases in the United States. That’s a far cry from 2.2 million cases. Granted, we have been practicing the stay at home and social distancing suggestions. Even with the mitigation procedures being implemented, the models that the US government is using project that 200,000 or more citizens will succumb to Covid-19.
There are always millions of people around the world sick with respiratory diseases. It’s easy for regulatory agencies to move these case numbers into the coronavirus statistical pool. Remember, the test kits used to record positive coronavirus cases have been reported by the CDC to have had many problems associated with them. They have most likely given false-positive results, and those numbers are a part of the official case numbers we are reading.
Editor note: Before you read this article, please ask yourself why it would be necessary or of any advantage to suspend any environmental laws? Who will benefit from this? This is more corporate welfare.
The Environmental Protection Agency (EPA) issued a sweeping suspension of its enforcement of environmental laws Thursday, telling companies they would not need to meet environmental standards during the coronavirus outbreak.
The temporary policy, for which the EPA has set no end date, would allow any number of industries to skirt environmental laws, with the agency saying it will not “seek penalties for noncompliance with routine monitoring and reporting obligations.”
Cynthia Giles, who headed the EPA’s Office of Enforcement during the Obama administration, called it a moratorium on enforcing the nation’s environmental laws and an abdication of the agency’s duty.
“This EPA statement is essentially a nationwide waiver of environmental rules for the indefinite future. It tells companies across the country that they will not face enforcement even if they emit unlawful air and water pollution in violation of environmental laws, so long as they claim that those failures are in some way ’caused’ by the virus pandemic. And it allows them an out on monitoring too, so we may never know how bad the violating pollution was,” she wrote in a statement to The Hill.
The EPA has been under pressure from a number of industries, including the oil industry, to suspend enforcement of a number of environmental regulations due to the pandemic.
“EPA is committed to protecting human health and the environment, but recognizes challenges resulting from efforts to protect workers and the public from COVID-19 may directly impact the ability of regulated facilities to meet all federal regulatory requirements,” EPA Administrator Andrew Wheeler said in a statement.
“The real destroyers and psychopathic misanthropes, however, are in high places. They are cynically and criminally exploiting the coronavirus—so far no more dangerous than seasonal flu—to shove their one-world agenda down our throats as easily frightened Americans run around like Chicken Little, begging the state to take care of us before the sky falls.”
I certainly don’t claim to be a financial wizard. In fact, at best, I have a rudimentary understanding of how the convoluted funny money economy works. However, you don’t need to fully comprehend the ins-and-outs of rigged monetary system to understand we’re in for big trouble and the coronavirus “pandemic” is not only accelerating the fall but will make the outcome far, far worse.
No chance, however. As I write this, Congress passed a pork-laden “stimulus” bill.
If we can believe numbers put out by the CDC, as of Friday, March 27 there were 1,246 deaths in the US attributed to the virus. Compare this with the 1968 H3N2 “Hong Kong Flu.” It reportedly killed 100,000 people in the US and around a million around the world.
At the time, the response was not to lock down the country and destroy the livelihood of millions of Americans and usher in the severe violations of the Constitution we are now witnessing. More
As details of the Senate’s coronavirus stimulus plan slowly trickled in Wednesday, progressive critics characterized the sprawling legislative package as a brazen attempt by both political parties to use trillions of dollars in taxpayer money to bail out and further enrich large corporations while tossing mere crumbs to the most vulnerable.
“This is a robbery in progress,” wrote David Dayen, executive editor at The American Prospect. “And it’s not a bailout for the coronavirus. It’s a bailout for twelve years of corporate irresponsibility that made these companies so fragile that a few weeks of disruption would destroy them.”
“We can call it a bailout. But this is so big it is more like Congress is creating a new government for our economy, replacing our old government. And this one doesn’t have any meaningful democratic protections. A pandemic coup.”
—Zephyr Teachout, Fordham Law
While progressives applauded some provisions in the massive package—including the significant expansion of unemployment benefits and protections for airline workers—Dayen said the stimulus package as a whole is an “outrageous betrayal” of the U.S. public and “a rubber-stamp on an unequal system that has brought terrible hardship to the majority of America.”
“The people get a [one-time] $1,200 means-tested payment and a little wage insurance for four months,” Dayen wrote. “Corporations get a transformative amount of play money to sustain their system and wipe out the competition.”
A Senate vote on the stimulus plan is expected as early as Wednesday afternoon, even though the full legislative text has not yet been released to the public.
It is horrendous that reporters and the public don’t have access to the bailout bill text with a Senate vote imminent.
The bill would establish a $500 billion fund designed to bail out large corporations hit hard by the coronavirus crisis. Around $75 billion of the program, which would be controlled by the Trump Treasury Department, is earmarked for the airline industry.
But, Dayen wrote, the “enormity of this bailout is being under-reported.”
“The other $425 [billion] helps capitalize a $4.25 trillion, with a T, leveraged lending facility at the Federal Reserve,” Dayen said. “So it’s not a $2 trillion bill, it’s closer to $6 trillion, and $4.3 trillion of it comes in the form of a bazooka aimed at CEOs and shareholders, with almost no conditions attached.”
The Washington Postreported Wednesday that the stimulus package also includes a little-noticed $17 billion federal loan program that was inserted largely for the benefit of aerospace giant Boeing.
Dayen appeared on HillTV‘s “The Rising” Wednesday morning to discuss his thoughts on the Senate bill:
–“…Everyone expecting the financial markets to magically return to January 2020 levels once the pandemic dies down is delusional. All the dominoes of crashing market valuations, crashing incomes, crashing profits and soaring defaults will take down all the fantasy-based valuations of bubblicious assets: stocks, bonds, real estate, bat guano, you name it….The global financial system has already lost $100 trillion in market value, and therefore it’s already insolvent”
Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero.
To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what’s left after debts are subtracted from the market value of assets.
Let’s say the household has done very well for itself and owns assets worth $1 million: a home, a family business, 401K retirement accounts and a portfolio of stocks and other investments.
The household also has $500,000 in debts: home mortgage, auto loans, student loans and credit card balances.
The household net worth is thus $1,000,000 minus $500,000 = $500,000.
Let’s say a typical financial crisis and recession occur, and the household’s assets fall 30%. 30% of $1 million is $300,000, so the the market value of the household’s assets falls to $700,000.
Deduct the $500,000 in debts and the household’s net worth has fallen to $200,000. The point here is debts remain regardless of what happens to the market value of assets owned by the household.
Legal declaration by a government allowing assumption of extraordinary powers
A state of emergency (also known as a state of calamity in the Philippines) is a situation in which a government is empowered to perform actions that it would normally not be permitted. A government can declare such state during a disaster, civil unrest, or armed conflict. Such declaration alerts citizens to change their normal behavior and orders government agencies to implement emergency plans. Justitium is its equivalent in Roman law—a concept in which the senate could put forward a final decree (senatus consultum ultimum) that was not subject to dispute.
States of emergency can also be used as a rationale or pretext for suspending rights and freedoms guaranteed under a country’s constitution or basic law. Wikipedia
At the edge of the proverbial cliff
Here we are facing the final stage of the destruction of our country as a sovereign nation. We, as a supposedly free people, are about to face a national Armaghedon. Under an emergency declaration, our constitution, or what is left of our rights and protections, are cast aside to make way for the reorganizing of the worlds economies and the subjugation of all populations. All of this achieved by the hyping up of a virus that does not meet any standard for being declared an epidemic or pandemic.
Just to make sure you reach the proper level of fear, university’s, college’s and public schools are closed in numerous locations across the country. The common connection in each of these instances is their tie to federal funding. Want to keep your funding? CLOSE YOUR DOORS! That will scare them!
John Williams, President of the Federal Reserve Bank of New York
The little people in America will have to continue to wait to hear any concrete plans for their government to provide financial relief to them for business disruptions resulting from the coronavirus. But Wall Street banks and their sprawling trading desks got the word today that the Fed’s money gusher (repo loans) that began on September 17 of last year will offer them up another $270 billion in cold hard cash at unprecedented low interest rates tomorrow.
The Fed announced that its 1-day emergency loans that it has been making each weekday will increase to as much as $175 billion a day beginning tomorrow; its 14-day loans, which will continue to be offered twice a week, will remain at the elevated amount of $45 billion; and the Fed will add three one-month loans of a whopping $50 billion each. The first one-month loan will be funneled out tomorrow, along with a cap of $45 billion in a 14-day loan and up to $175 billion in a one-day loan, bringing the one-day tally to the astounding sum of $270 billion – all without so much as a vote, or debate or even a hearing in Congress.
All of this money gusher will be dispensed by the New York Fed, the same regional Fed bank that funneled the bulk of the secret $16 trillion in aggregate emergency loans to Wall Street during the last financial crisis. (See chart below.)
For detailed background on this stealth bailout of Wall Street that has now been running without making headlines for the past six months, see our in-depth series here.
Government Accountability Office Data on Fed’s Emergency Lending Programs During Financial Crisis
By Pam Martens and Russ Martens of Wall Street on Parade.
During his testimony to the Senate Banking Committee yesterday, Federal Reserve Chairman Jerome Powell let it slip out, for the first time, that the Federal Reserve has had a 10-year game plan to deal with the financial crisis. In response to a question on cyber threats from Senator Ben Sasse of Nebraska, Powell stated the following:
“They kind of pay us to be awake at night worrying about things. I would say that if you look at what happened in the financial crisis, we had a game plan there. We implemented it over the course of 10 years. I won’t say that it’s perfect or anything like that, but we have a plan that is meant to address those kinds of things.”
“Those kinds of things?” The financial crisis, fueled by corruption and lax regulation of Wall Street banks, destroyed the housing market in the U.S. and left the U.S. economy in tatters. Millions of Americans lost their jobs and their homes to foreclosure. The New York Fed was the supervisor of key Wall Street banks that caused this problem – shouldn’t it have had a 10-year game plan to prevent “Those kinds of things” instead of creating the game plan after the damage had been done?
The media who literally allowed the people to be preyed upon by the rich and powerful rather than run information that might harm their elite buddies assured the people they are on our side.
“We are not the enemy of the people,” said a spokesperson for ABC News, waving his hands in the air as though trying to perform some kind of Jedi mind trick. “Yes, I know it may seem that way when we cover up damaging information to protect the rich and powerful, but trust us when we say we know better than you.”
“We are your friends,” he added in a hypnotic voice while swinging a stopwatch back and forth. “Say it with me: we are your friends. Yes, yes, gooooood.”
CNN’s Brian Stelter agreed, saying that though he calls out the president for lying all the time, it’s different when the press does it. “Our lying is democratic lying,” Stelter said. “It’s for your own good.”
“Also, Epstein definitely killed himself, and we don’t have any other information on that.”
Conspiracy theorists have a history of sullying the good name of the Federal Reserve. They even attempt to get legislation passed in Congress so that an audit can be authorized. Their efforts have been unsuccessful.
The Federal Reserve banks have claimed they are privately owned institutions and not subject to FOIA requests, and support the claim with two Federal court adjudications on other issues. Those court opinions specifically identify the holdings are restricted to the issues before the court.
FOIA requests directed to the Federal Reserve system are codified at 12 CFR 261. 12 CFR § 261.3 (a) identifies the Secretary of the Board of Governors as custodian of all Federal Reserve records. 12 CFR § 261.3 (c) directs service to the Secretary of the Board. Procedures for requesting records are detailed at 12 CFR § 261.12.(b) and (c). Bloomberg media received court support for their demand for FOIA access to Federal Reserve bank information:
“So long as records at the [Federal Reserve Banks] satisfy the plain language meaning of 12 C.F.R. § 261.2(i)(1), they qualify as agency records of the Board and are subject to FOIA requests. …[The CFR reads]: Records of the Board include . . . all information coming into the possession and under the control of the Board, any Board member, any Federal Reserve Bank, or any officer, employee, or agent of the Board or of any Federal Reserve Bank, in the performance of functions for or on behalf of the Board that constitute part of the Board’s official files; or [records] [t]hat are maintained for administrative reasons in the regular course of business in official files in any division or office of the Board or any Federal Reserve Bank in connection with the transaction of any official business..[provisions are to be broadly applied].The FRBs give all revenue in excess of expenses to the U.S. Treasury. 12 U.S.C. § 289.” Bloomberg L.P. v. Board. of Governors of Federal Reserve System, 649 F. Supp. 2d 262, 274++ (S.D.N.Y. 2009), aff’d, 601 F.3d 143 (2d Cir. 2010). emphasis added.
But what records would be of interest ? Well, it has been theorized that a considerable amount of funds from the Federal Reserve’s handling of government funds from auctions of Treasury securities disappears.1 The FRBNY, as fiscal agent of the U.S. government, has exclusive management of disbursement of the funds and any related function they wish to claim.2 The accounts currently handle over $10 trillion annually and no audit of the funds has been found.
Treasury Direct identifies securities for redeeming market securities usually have an approximate 10% “new cash” allocation.3 That would appear to relate to deficit spending. Funds for redeeming securities are disbursed in large part to select Primary Dealers who collect designated securities—or who have the securities they hold identified for recall. PDs also bid on auctioned securities. Transfer of funds for redeeming securities from funds received by auction does not increase the currency in circulation (inflation) nor does it increase the National Debt.
If funds designated as ‘new cash’ went to the government, they would have to purchase securities. There is no known government account that receives the approximate $1 trillion annual funds. If the funds purchased securities, they would eliminate any increase in currency in circulation (inflation) and would not increase the national debt. This obviously does not occur. Where do the funds go ? It undoubtedly involves a scramble of CUSIP numbers.4
The above discussion should not be confused with QEs or non-QEs. Those involve collateralized credit [not to be confused with money] extended by the Federal Reserve authorized by 12 CFR § 201.3 (a) identified as loans and, in large part, have been paid back. Some pundits claim they were made to prevent an economic collapse; some same it was a postponement.5 If a commercial bank was doing it, it would be called fractional reserve lending without any reserve requirement; it is the key to rampant inflation.
It would appear that FOIA can be used to obtain the records maintained by the FRBNY as to the disbursement of ‘new cash’ funds and the consideration received for them from the identified recipients. Some pundits claim the central bank is owned by the Rothschild.6 Other pundits claim the BOG is a privately held corporation with shares owned by select Primary Dealers and others.7 Maybe FOIA can find out what is correct.
Failure to take any action has been prophesied to result in a Greek/ Argentina oppression and collapse of the U.S. society.8
The question to ask all those running for public office:
$21 Trillion dollars is missing from the US government. That is $65,000 per person – as much as the national debt!
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution
What’s going on? Where is the money? How could this happen? How much has really gone missing? What would happen if a corporation failed to pass an audit like this? Or a taxpayer?
This means the Fed and their member banks are transacting government money outside the law. So are the corporate contractors that run the payment systems. So are the Wall Street firms who are selling government securities without full disclosure. Would your banks continue to handle your bank account if you behaved like this? Would your investors continue to buy your securities if you behaved like this? Would your accountant be silent?
This is the reason that there is such a strong push to change or tear up the US Constitution. This is why members of the establishment say it is “old,” “outdated!” This is why there is such a push for gun control. Don’t buy it! We can use the Constitution to get our money and our government back. It is time to enforce the US Constitution.
The Solari Report has been covering the missing money since 2000 when Catherine Austin Fitts began to to warn Americans and global investors about mortgage fraud at the US Department of Housing and Development (HUD), the engineering of the housing bubble that lead to trillions more dollars in bailouts and funds missing from the US government starting in fiscal 1998.
Editor’s note: I would advise everyone to subscribe to Wall Street on Parade. There is more relevant, useful, honest reporting done on that site than most places on the web.
By Pam Martens and Russ Martens: December 30, 2019 ~
Making the dirty deed even more Grinch-worthy, the attack on the assets of the middle class comes after the Trump tax overhaul in 2017 gave a windfall to the super wealthy by doubling their estate tax exclusion from $11 million per couple to $22 million. Now someone has to pay for that and both Democrats and Republicans in Congress have stealthily decided it’s going to be Millennials – who are already buried under student loan debt with a meager average net worth of $8,000.
The only people that will gain security from the Secure Act are the Wall Street wealth advisors who are already looting two-thirds of the average 401(K) over a worker’s career through fees; the insurance industry that browbeat members of Congress into signing the legislation into law and got an insurance annuity payout option included; and the lawyers who will rack up millions of new billable hours from rewriting trusts that no longer make any sense as a result of this wholesale sell-out of the middle class in America.
The impeachment farce in Congress is the same modus operandi that has been used by Wall Street to create civil dissension and establish puppet governments with tyrannical control worldwide for decades. Can we prevent such an occurrence in the United States ?
Wall Street created the CIA in 1946 using their crony Allen Dulles to hide their nefarious war-mongering, such as getting the US involved in WW I and WW II, under a guise of “national security.” Then the CIA used that cover to thwart President Eisenhower’s attempt for Peace talks with Khrushchev by sabotaging their own U-2 flight. Then they sabotaged their own invasion of Cuba in a failed attempt to commit the U.S to all-out war with Cuba [Dulles countermanded JFK’s order]. Then they labeled JFK a traitor when they discovered his secret back-channel peace talks with Moscow (along with JFK’s attack on the Federal Reserve). Mark Lane, John Groden, and Mark North claim the CIA killed JFK. Then they successfully impeached (with bogus CIA corrupted evidence and MSM hype) RMN after he closed the CIA school to teach Tibetans to invade China, and then RMN destroyed the CIA’s straw enemy by opening trade with China in addition to his Midnight Massacre of 1700 CIA agents. Then they schemed to prevent the reelection of JEC [OCTOBER SURPRISE] after he torpedoed a nuclear powered aircraft carrier and his Halloween Massacre of 700 CIA agents. “Conspiracy theorists” conclude 1000 architects and engineers, and Rebekah Roth, present a scenario that appears impossible without the CIA and US military involvement on 9/11. Then the CIA lied to create war in Iraq, Afghanistan, Syria, among many other coups by Wall Street, behind cutouts, as indicated by John Perkins.
Wall Street bankers have initiated and utilized the military to engage in perpetual warfare by lies and deception for their economic profit since 1915. This continuity of influence and control over government policy is now evidenced in the Ukraine and is leading the impeachment fraud against the President after his attempts to avoid nuclear hostility with a super Power. Wall Street cannot tolerate peace.
What action can be taken to discontinue the madness of these psychopathic homicidal megalomaniacs? Well, may I respectfully suggest WHENSE THE DEEP STATE may be one consideration. Ref https://ncc-1776.org/tle2019/tle1050-20191208-10.html
Doom and gloom are appearing with increased frequency in U.S. and global financial writings but specific details of a potential economic catastrophe are never given. Let us speculate on what could happen in the United States.
Is a view into an economic catastrophe available ?
ANSWER: Sure, that is easy. Read what has happened to Greece and Argentina. William Blum, John Perkins, and Chossudovsky give many more examples. Bank deposits have been seized; pensions have been wiped out; jobs have been terminated; real estate and assets are selectively confiscated; the economy crashes; national assets are sold at fire-sale prices to financiers; financiers must approve every government action; etc. The same New York City parties, and their proxies, are repeatedly involved.
How might it be handled in the U.S. ?
ANSWER: The Federal Reserve Bank of New York City will handle it. They have exclusive handling of funds to redeem Treasury securities—as a fiscal agent for the government. They will select who gets funds which the government has available. Ref. 31 CFR 375.3.
Who will benefit from the crash?
ANSWER: Primary Dealers currently receive >$10 trillion annually for redeeming Treasury securities. Some of them were involved in creating the Federal Reserve. The concept that they hold ownership of the Board of Governors, in a closely held corporation that does not have to file with the SEC, should not be overlooked. Furtive acts abound in the creation of the Fed. Their derivatives creations have obtained super-priority status in bankruptcy. More
“What difference does an increase in the National Debt make? We owe it to ourselves.” virtually every congress-critter has declared. Such a paraphrased statement, reflecting on the exoskeleton structure of the Federal Reserve, ignores the inner historic mechanisms of Rothschild banking, the intense subterfuge and arm-twisting of the Fed’s creation, and the proven destructive forces inherent but hidden therein. 1
The medieval Rothschild Banks established a line of credit for the King provided the King issued a written promise to pay gold, with interest, to the bank at a time in the future. The book-entry Rothschild credit was used to pay for obligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king’s interest bearing promise of gold to investors. The promise was renewed by the king on its maturing date and became perpetually rolled-over. 2
VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors had a promise the king would eventually pay them in gold—which would never happen. 3 Everything went smoothly as long as the bankers could sell the promise and the investors did not demand the gold. 4 As Benjamin Ginsburg has lamented in FATAL EMBRACE; (bankers) AND THE STATE 5, eventually the schemes, which stole the wealth from the people with book-entry fiat money, would come to a catastrophic climax. 6
The Federal Reserve system, claimed to be “staffed and run by Council on Foreign Relations members” 7 does the same thing for the U.S. government’s deficit spending. Their wizard is hiding behind Frank Baum’s curtain as obscurant to any public inquiry.8
The Federal Reserve Bank of New York will grant credit (not “create money”) in an account of the US government with an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. [It is touted to the public as a loan.10] The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve also identified as a “tender” (substitute) required by law to be accepted for an imprinted number of dollars. 11More
Yesterday, following the announcement of another 1/4 point interest rate cut by the Federal Reserve’s Open Market Committee, Fed Chairman Jerome Powell held a press conference at 2:30 p.m. It proved to be an embarrassing and shameful example of New York City-centric business journalism.
Seven business journalists from leading business news outlets that cover Wall Street asked questions in the first 23 minutes of the press conference. Not one of these reporters asked about the liquidity crisis on Wall Street that has resulted in the Fed offering $690 billion a week to 23 Wall Street securities firms and one foreign bank as well as a newly launched “don’t call it QE4” operation by the Fed to buy up $60 billion a month in Treasury bills from Wall Street dealers.
The Fed began its repo loan interventions on September 17 of this year for the first time since the financial crisis. That crisis grew into the worst economic collapse in the U.S. since the Great Depression. What the Fed is now doing has all the same earmarks as the actions it took in the early days of the last crisis. (See our ongoing series of articles on the Fed’s actions and the liquidity stresses on Wall Street.) And yet, despite these frightening similarities, not one of the following reporters (in this order of asking questions within the first 23 minutes of the press conference) could summon the nerve to broach the subject: Michael McKee, Bloomberg TV; Heather Long, Washington Post; Jeanna Smialek, New York Times; Steve Liesman, CNBC; Nick Timiraos, Wall Street Journal; Edward Lawrence, Fox Business; and Brendan Greeley, Financial Times.
It was not until the eighth reporter was handed the microphone that we heard a question on the most critical financial topic of the day. More
According to the filings that JPMorgan Chase makes annually with the Securities and Exchange Commission (SEC), since 2013 JPMorgan Chase has spent $77 billion buying back its own stock. That includes the whopping $17.01 billion it has spent in just the first nine months of this year buying back its stock.
But here’s the shocking news. According to its SEC filings, JPMorgan Chase is partly using Federally insured deposits made by moms and pops across the country in its more than 5,000 branches to prop up its share price with buybacks. The wording in the filing is as follows:
“In 2019, cash provided resulted from higher deposits and securities loaned or sold under repurchase agreements, partially offset by net payments on long-term borrowing…cash was used for repurchases of common stock and cash dividends on common and preferred stock.”
Had JPMorgan Chase not spent $77 billion propping up its share price with stock buybacks, it would have $77 billion more in cash to loan to businesses and consumers – the actual job of its commercial bank. Add in the tens of billions of dollars that other mega banks on Wall Street have used to buy back their own stock and it’s clear why there is a liquidity crisis on Wall Street that is forcing the Federal Reserve to hurl hundreds of billions of dollars a week at the problem.
On September 17, the overnight lending rate on repurchase agreements (repos) spiked from the typical 2 percent range to 10 percent, meaning some very big lenders such as JPMorgan Chase were backing away from lending. That forced the Federal Reserve to jump in as lender of last resort, the first time it has done that in any material way since the financial crisis…
Author, Chuck Frank
Marti Oakley
The PPJ Gazette 
21 Trillion missing from US Government…no Accounting for it
December 30, 2019
ppjg bailouts, Constitution, CORPORATIONS, corruption, families, Government, The PPJ Gazette 21 million missing, bailouts, banks, Comments, corporate contractors, corruption, enforce the US Constitution, families, federal government, Government, Kathern Austin Fitts, ntional debt, The PPJ Gazette, The Solari Report, Us Constitution, Wall street Firms Leave a comment
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