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Why Big Business Ends up Supporting the Regime

This article was originally published by Ryan McMaken at The Mises Institute. 

Policymakers know they hold immense power to regulate and punish firms that don’t play ball. Industry leaders know this too. So it’s likely both sides will indeed end up “playing ball.” 

The Democrats in Congress want comprehensive regulation of social media which will ultimately allow regime regulators to decide what is and what is not “disinformation.” This has become very clear as Congress has held a series of Congressional hearings designed to pressure tech leaders into doing even more to silence critics of the regime and its preferred center-left narratives.

Back in February, for instance, Glen Greenwald reported:

For the third time in less than five months, the U.S. Congress has summoned the CEOs of social media companies to appear before them, with the explicit intent to pressure and coerce them to censor more content from their platforms.

House Democrats have made no secret of their ultimate goal with this hearing: to exert control over the content on these online platforms. “Industry self-regulation has failed,” they said, and therefore “we must begin the work of changing incentives driving social media companies to allow and even promote misinformation and disinformation.” In other words, they intend to use state power to influence and coerce these companies to change which content they do and do not allow to be published.

(The February hearing wasn’t even the end of it. Big Tech was summoned yet again on March 25.)

Greenwald is probably right. The end game here is likely to create a permanent “partnership” between big tech in which government regulators will ultimately decide just how much these platforms will deplatform user and delete content that runs afoul of the regime’s messaging.

It might strike many readers as odd that this should even be necessary. It’s already become quite clear that Big Social Media is hardly an enemy of mainstream pro-regime forces in Washington. Quite the opposite.

Jack Dorsey, for instance, is exactly the sort of partisan regime apparatchik one expects out of today’s Silicon Valley. For example, in October of last year, Twitter locked down the account of the New York Post, because the Post reported a story on Hunter Biden that threatened to hurt Biden’s chances for election. Over 90 percent of political donation money coming out of Facebook and Twitter goes to Democrats.

Yet, it’s important to keep in mind that this isn’t going to be enough to convince politicians to pack up and decide to leave social media companies alone. The regime is unlikely to be satisfied with anything other than full state control of social media through permanent regulatory bodies that can ultimately bring the industry to heel. Regardless of the ideological leanings of the industry players involved, they’re likely to see the writing on the wall. As with any regime where the regulators and legislators hold immense power—as is the case in Washington today—the regime will generally be able to win the “cooperation” of industry leaders who will end up taking a “if you can’t beat ‘em, join ‘em” position.

Silicon Valley Is Ideologically Allied with the Regime. But That’s Not Enough.

It’s been abundantly clear for at least a decade that ideologically speaking, Silicon Valley is as politically mainstream as it gets. The old early-2000s notion that Silicon Valley harbors secret libertarian, antiestablishment leanings has been disproven dozens of times over.

Moreover, Washington has a long history of co-opting tech “geniuses” to serve the whims of the regime. Even back in 2013 Julian Assange already saw the “ever closer union” between government agents and Silicon Valley. Assange saw how federal agencies were hiring Silicon Valley workers as “consultants” and saw where the “partnership” was headed. He concluded, “The advance of information technology epitomized by Google heralds the death of privacy for most people and shifts the world toward authoritarianism.”

But even if Silicon Valley is packed full of stooges for the NSA—as appears to be the case—this still doesn’t mean that Silicon Valley firms are willing to happily hand over their property to the federal government. After all, Silicon Valley CEOs, managers, and stockholders are all still at least partly in it for the money. All else being equal, they prefer profit to loss, and they want the freedom to make decisions free of regulatory control. They probably don’t care about freedom in the abstract, but they care about it for themselves.

The Threat of Regulation Creates Support for the Regime

On the other hand, once federal policymakers and regulators start making threats, the game changes entirely. All of a sudden, it makes a lot of sense to pursue “friendly” relations with the state as a matter of self-preservation. If Washington has the ability to destroy your business—and if it has become impossible to “fly under the radar”—then it makes a lot of sense to make Washington your friend.

Under these circumstances, there’s little to be gained from blanket opposition to federal regulation, and a lot to be gained from embracing regulation while merely working to ensure that regulation benefits you and your friends.

Big Business versus Small Business

So, it should never surprise us when big business ultimately ends up siding with the regime. It would be folly not to, especially if one has the means to hire lobbyists, attorneys, and PR consultants which can help Big Business negotiate effectively with regulators. Needless to say, the outcomes of these negotiations are likely to end up helping the big players at the expense of smaller ones who aren’t even present at the negotiating table.

For small firms that have little hope of influencing federal policy, it still makes sense to simply oppose federal activism altogether and hope for the best. But if your firm manages to get a seat “at the table” it’s best to seize the opportunity. To quote an old saying among lobbyists: “if you’re not at the table, you’re on the menu.”

But let us not forget that even when private firms can bring immense amounts of resources to bear for purposes of influencing public policy and negotiating with bureaucrats: the regime itself ultimately holds the advantage. No private firm in the world has the resources to ignore or veto the wishes of the regime’s army of regulatory, prosecutors, and tax collectors. No private firm enjoys anything approaching the coercive monopoly power of the state.

But this doesn’t mean those firms can’t share in this power. And that’s very often what happens. Faced with a “join us or be destroyed” ultimatum from federal regulators or lawmakers, most private firms choose the “join us” option. Of course, many smaller firms aren’t even offered the choice.

The post Why Big Business Ends up Supporting the Regime first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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“This Is Wealth Redistribution”: Blackrock And Other Institutional Investors Buying Entire Neighborhoods At Huge Premiums

This article was originally published by Tyler Durden at ZeroHedge. 

EDITOR’S NOTE: Remember, the rulers have already told us we will own nothing and be happy.  They didn’t tell us that they will own everything and you’ll be charged to live and breathe their air. This is only one step toward that dystopian nightmare that we are already on the path to unless we wake up quickly. Masters own everything, slaves own nothing.

As the real estate market continues to break records, a cabal of institutional investors has been tossing gasoline on the fire – buying up properties hand-over-fist as middle-American renters watch their dreams of homeownership fade at the hands of pension funds and other financial behemoths.

“You now have permanent capital competing with a young couple trying to buy a house,” according to real estate consultant John Burns, whose firm estimates that in many of the country’s hottest markets, roughly one 20% of homes sold are bought by someone who never moves in.

“That’s going to make U.S. housing permanently more expensive,” said Burns, who thinks home prices will climb as much as 12% this year, on top of last year’s 11% rise.

“Limited housing supply, low rates, a global reach for yield, and what we’re calling the institutionalization of real-estate investors has set the stage for another speculative investor-driven home price bubble,” his firm concluded – finding Houston to be a favorite location for investors, who have accounted for 24% of home purchases in the area.

The coronavirus pandemic sparked a race for home-office space and yards. Occupancy rates reached records and rents are rising with home prices. The ecosystem of companies that service, finance and mimic the mega landlords is booming.

Burns counted more than 200 companies and investment firms in the house hunt: computer-assisted flipper Opendoor Technologies Inc., money managers including J.P. Morgan Asset Management and BlackRock Inc., platforms such as Fundrise and Roofstock that buy and arrange for the management of rentals on behalf of individuals and builder LGI Homes Inc., which now reports wholesale home sales to bulk buyers in its quarterly results. –WSJ

In one example, a bidding war broke out over a D.R. Horton complex in Conroe, Texas – after the homebuilder put the entire subdivision up for sale. After a “Who’s Who of investors and rental-home firms flocked to the December sale,” the winning bid of $32 million came from an online property-investment company, Fundraise LLC, which manages over $1 billion for around 150,000 individuals, according to the Wall Street Journal.

D.R. Horton ended up booking roughly twice what it typically makes selling houses to middle-class homebuyers according to the report.

“We certainly wouldn’t expect every single-family community we sell to sell at a 50% gross margin,” said CEO Bill Wheat at a recent investor conference.

What does this mean for the average American family? We’ll let Twitter analyst @APhilosophae take it from here in this ominous, yet soberingly accurate thread:

Click on any of the above tweets to continue reading.

The post “This Is Wealth Redistribution”: Blackrock And Other Institutional Investors Buying Entire Neighborhoods At Huge Premiums first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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Over 90% Of The News You See On Television Is Owned And Controlled By Just 5 Giant Corporations

This article was originally published by Michael Snyder at The End of the American Dream. 

*EDITOR’S NOTE: I am aware that regular readers of this site understand this.  However, it’s important to often remind ourselves that we need to step out of the left vs. right paradigm lie that was put there to deceive and divide. 

The way that people view the world is greatly shaped by the “news” that they see on television and read on the Internet.  Unfortunately, much of that “news” is produced by just five enormous corporations.  In fact, although the numbers vary from month to month, more than 90 percent of the “news” that Americans watch on television is controlled by those five corporations.

Smaller outlets such as Newsmax are trying to make a dent, but it is an uphill battle.  Internet news is more diversified, but in conjunction with the 15 billionaires that own and control America’s newspaper industry, the same five corporations have come to dominate online as well.  The tech giants have certainly helped their cause by designating them as “trusted sources” and by adjusting algorithms to ensure that we get a steady diet of the “news” that the media giants are constantly putting out.  The entire system is designed to direct us to certain voices, and those voices are constantly working very hard to alter what we think about things.

According to one survey, the average American spends 238 minutes a day watching television.  If you allow anyone to pump that much propaganda into your mind day after day, it is inevitable that the way that you view the world is going to change.

Sadly, a lot of people out there still believe that the big corporate-owned news networks are the “guardians of democracy” and are just looking out for their best interests.

Needless to say, that is not even close to reality.  In our day and time, everyone has agendas to push, and the big corporate-owned news networks are not any exception.  The “journalists” at those networks are going to shape the news to push the messages that their corporate masters want them to push, and anybody that believes otherwise is simply being naive.

So exactly who are these five giant corporations that own and control almost all of the news that we see on television?

Well, the first is AT&T’s WarnerMedia which owns CNN

The Cable News Network (CNN) is a multinational news-based pay television channel headquartered in Atlanta.[3][4][5] It is owned by CNN Worldwide, a unit of the WarnerMedia News & Sports division of AT&T‘s WarnerMedia.[6] It was founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel.[7][8][9] Upon its launch in 1980, CNN was the first television channel to provide 24-hour news coverage,[10] and was the first all-news television channel in the United States.[11]

The second is Comcast which owns NBC News

NBCUniversal Media, LLC is an American mass media and entertainment conglomerate owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown ManhattanNew York City.[5]

NBCUniversal is primarily involved in the media and entertainment industry. The company is named for its two most significant divisions, the National Broadcasting Company (NBC) – one of the United States’ Big Three television networks – and the major Hollywood film studio Universal Pictures. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA NetworkSyfyBravoTelemundoUniversal Kids, and the streaming service Peacock. Via its Universal Parks & Resorts division, NBCUniversal is also the third-largest operator of amusement parks in the world.[6]

Of course, Comcast also owns cable news outlet MSNBC

MSNBC is an American news-based pay television cable channel based in New York City. It is owned by the NBCUniversal News Group division of NBCUniversal (a subsidiary of Comcast). It provides NBC News coverage as well as its own reporting and political commentary on current events.

Disney has now become the largest media company in the entire world, and they are the proud owners of ABC News

The American Broadcasting Company (ABC) is an American multinational commercial broadcast television network that is a flagship property of Walt Disney Television, a division of Disney General Entertainment Content of The Walt Disney Company. The network is headquartered in Burbank, California, on Riverside Drive, directly across the street from Walt Disney Studios and adjacent to the Roy E. Disney Animation Building. The network’s secondary offices, and headquarters of its news division, are in New York City, at its broadcast center at 77 West 66th Street on the Upper West Side of Manhattan.

ViacomCBS may not be as big as the other corporations on this list, but their control of CBS News gives them a tremendous amount of influence…

CBS (originally an abbreviation for Columbia Broadcasting System, its former legal name that was used from 1928 to 1974) is an American commercial broadcast television and radio network. It serves as the flagship property of the CBS Entertainment Group division of ViacomCBS. The network is headquartered at the CBS Building in New York City, with major production facilities and operations at the CBS Broadcast Center in New York City, and CBS Television City and the CBS Studio Center in Los Angeles.

Last, but certainly not least, Fox Corporation (which is controlled by the Murdoch family) owns and controls Fox News…

Fox Corporation is an American mass media company headquartered in New York City. The company was formed in 2019 as a result of the acquisition of 21st Century Fox by The Walt Disney Company; the assets that were not acquired by Disney were spun off from 21st Century Fox as the new Fox Corp., and its stock began trading on January 1, 2019.[6][7][8] The company is incorporated in Delaware.

It is owned by the Murdoch family via a family trust with 39.6% interest;[9] Rupert Murdoch is chairman, while his son Lachlan Murdoch is executive chairman and CEO. Fox Corp. deals primarily in the television broadcast, news, and sports broadcasting industries. They include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, the national operations of Fox Sports, and others. Its sister company under Murdoch’s control, the present-day News Corp, holds his print interests and other media assets.

Many consider Fox News to be the “conservative alternative” to the other major news networks, but the truth is that the “news” that Fox News produces is not really that much different from the “news” that the other networks produce.

Every day, millions upon millions of Americans have conversations that center around the “news” that they just saw on television.  So those that decide what the “news” is going to have an extraordinary amount of power.

Just look at what happened when the Fauci emails were revealed.  They showed that Dr. Fauci had been lying to us over and over again, and they also showed that he was involved in a massive conspiracy to cover up the true origin of the pandemic.

But CNN, MSNBC, NBC News, ABC News, and CBS News all decided that it wasn’t going to be a scandal, and so most Americans don’t believe that it is one.

On Monday, a British news source published a bombshell story about text messages in which Hunter Biden used some of the most racist language imaginable, and that should be front-page news all over the country.

But the big news networks are being silent about Hunter Biden’s text messages.  In fact, I couldn’t even find a single reference to the story on the homepage of Fox News.

So Hunter Biden’s racist language is not going to be a scandal because they don’t want it to be a scandal.

Meanwhile, Chris Harrison is being permanently canceled for simply suggesting that a contestant on his former show should be given “a little grace” for a mistake that she made in her past…

“We all need to have a little grace… Because I’ve seen some stuff online, again this judge-jury-executioner thing, where people are just tearing this girl’s life apart,” Harrison said during the interview. “I’m not defending Rachael. I just know that, I don’t know, 50 million people did that in 2018. That was a type of party that a lot of people went to.”

He continued: “The woke police is out there. And this poor girl Rachael, who has just been thrown to the lions. I don’t know how you are equipped when you have never done this before, to be woke enough, to be eloquent enough, to be ready to handle this.”

When are we finally going to get fed up with all the hypocrisy?

If Chris Harrison is going to get canceled simply for wanting to show a little bit of grace to someone, how much more does Hunter Biden deserve to get canceled for the horrific language that he used?

But Hunter Biden is not going to get canceled because he is off-limits.

He can literally do anything that he wants because his father is in the White House, and the mainstream media is going to protect Joe Biden at all costs.

It is at this point in the article that I should encourage everyone to turn off the mainstream news networks and never look back.

But we all know that the vast majority of Americans are going to continue to watch their favorite news networks no matter how corrupt they become, and that is extremely unfortunate.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Over 90% Of The News You See On Television Is Owned And Controlled By Just 5 Giant Corporations first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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Why Corporate Lobbyists and Special Interest Groups Won’t Go Away

This article was originally published by Ryan McMacen at The Mises Institute. 

Throughout much of human history, a political ruler was often considered to be only as good as his ability to distribute gifts, booty, and other material rewards to his most valuable and loyal servants.

In the “barbarian” days of northern Europe, military men expected their kings to lead them to booty, and to distribute gifts to the best fighters after the battle was won. In later ages, the more powerful kings could dole out titles of nobility, lands to faithful servants, and bureaucratic offices with hefty salaries to trusted advisors.

In exchange for all this largesse, subjects could offer their personal loyalty, but they could also offer military services, special know-how, and help in drumming up additional support for the crown. Those kings who could distribute the most gifts could often expect the most loyalty and assistance from others. After all, here was a king who could make you rich. Offering “help” to the rich and powerful has often come with many potential benefits. Few go to kings anymore for gifts of swords and gold. But the game has not fundamentally changed.

In the modern world, the kings have largely been replaced by faceless bureaucratic regimes composed of countless agencies, commissions, panels, committees, and executive officers. Regime executives can still dole out jobs to loyalists and favored interest groups. Policymakers can rewrite laws and regulations to favor those who can offer the regime something in return.

For ordinary people, who don’t get many favors from the regime, there is a big downside in this game. The riches go to the politically powerful, and not to those who work the hardest or are the most productive. Wealth is continually redistributed through a process of state coercion rather than through the voluntary market process. As a result, wealth flows into industries and firms on the basis of how much they’re valued by policymakers.

Politicians know this is a problem so they try to play both sides. We hear from politicians every election cycle about getting “big money” out of politics. Elizabeth Warren and Bernie Sanders both made this notion central to their presidential campaigns.

But what can really be done about it? People like Sanders, not surprisingly, think the answer is in more government regulation. In practice, however, the solution lies only in reducing the power and wealth of the regime.

Why We Have Pressure Groups and Lobbyists

Nowadays, in order to secure wealth and favors from the regime, pressure groups hire lobbyists and public relations consultants. Powerful corporations go to the regime seeking tax breaks, subsidies, and anti-competitive regulations. Today we call this “rent-seeking” (from an old definition of the word “rent” once favored by economists). These rent-seeking firms want access to the treasure trove of wealth hoarded by the regime.

And why shouldn’t these corporate interests and pressure groups seek favors? In the United States, the federal government in 2020 controlled a budget of more than six trillion dollars. Moreover, the same government also has control over countless regulations and statutes that can make or break one’s business or household budget.

It’s easy to figure out where to go if one’s looking to protect or enhance one’s livelihood. Indeed, rent-seeking by pressure groups and corporations is the natural outcome in any polity where the regime controls immense amounts of wealth.

Reducing the Size and Power of the State

The answer to all of this is simple—although certainly not easy to accomplish. First, if we want less rent-seeking, we must reduce the benefits of rent-seeking in the first place. This means stripping the state of much of its ability to dole out rewards to those seeking special favors. It means reducing the size of the state and its coffers overall. It means stripping federal policymakers of their power to regulate the economy for the benefit of some at the expense of others.

Without these powers and funds, the federal government suddenly becomes a much less fruitful target for lobbying, bribes, and other means of obtaining special favors.

There are, of course, many obstacles to reductions in a regime’s size and scope in terms of the wealth it controls. Political scientists have demonstrated this for years with theories like the so-called “iron triangle” which shows how interest groups, legislators, and bureaucrats work together to increase or safeguard the regime’s control over resources. Just as the kings of old increased their own power and influence by controlling the flow of resources to the king’s subjects, today’s policymakers also know they can increase or preserve their power by being able to control who gets what, when, and how.

Decentralization as a Means of Reducing Rent-Seeking

A second strategy for reducing the power of interest groups and corporate cronyism lies in decentralizing the power of regimes.

As noted by Murray Rothbard in his history of economic thought, one of history’s most notable surges in rent-seeking behavior began with the rise of absolutism in Europe. As European regimes centralized political power, they also created a system of “state-building, state privilege, and what might be called ‘state monopoly capitalism.’” This was also characterized by a system of “heavy royal expenditure, of high taxes, of …inflation and deficit finance.” In other words, it was an era in which the rapidly-centralizing regimes seized unprecedented amounts of control over national economies, and doled out privileges accordingly.

Moreover, as suggested by Baysinger, et al, as regimes become more powerful, it makes more sense to devote more resources to rent-seeking. As regimes centralize, “the relative costs of negotiating favored treatment with a state in which authority [is] vested in a central figure” is falling.” If, on the other hand, regimes are decentralized, this raises the cost of rent-seeking and make outcomes more difficult to predict. In other words, rent-seeking declines when “the costs of negotiating and enforcing exclusive rights [is] relatively higher.”

We can see how this has played out in the United States. Prior to the New Deal, most government spending in America was done at the local level. The federal regulatory state was weak. This meant if one was seeking government favors, there was no easy single target form which immense rewards could be reaped. Large corporations and pressure groups could lobby for benefits state-by-state and city-by-city. But that’s expensive and time-consuming. Certainly, many smaller organizations sought favors from state-level legislatures and bureaucrats. But the fractured political system limited the ease and extent to which and the single-interest group could obtain sizable government benefits. And decentralization certainly made it harder to gain national prominence and influence.

That all changed with the New Deal and throughout the second half of the twentieth century as the federal government began to outspend the state governments and as immense new powers were now held by a well-funded and powerful federal government. It is no coincidence that 9 of the 20 wealthiest counties in America are suburbs of Washington, DC. The symbiotic relationship between pressure groups and the regime is very rewarding.

Today, the political system really is in many ways what H.L. Mencken suggested when he described elections as a sort of “advance auction of stolen goods.” The only answer lies in reducing the number of stolen goods available or at least making it more costly to get them.

The post Why Corporate Lobbyists and Special Interest Groups Won’t Go Away first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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Palm Scanning Payment Is Coming To Whole Foods

You were warned. The rulers of the globe want everyone tracked, traced, vaccinated, surveilled, and enslaved. If they can’t do it with a microchip, they will use your unique biometric data. And that dystopian future is right around the corner.

This probably only the first to the chip.  Amazon’s One (a palm scanning payment system) is expanding to its biggest area yet: the company is now testing its palm-scanning payment technology in Whole Foods, starting with a single store in Amazon’s home city of Seattle.

According to an Amazon FAQ, the palm-scanning technology analyzes “the minute characteristics of your palm — both surface-area details like lines and ridges as well as subcutaneous features such as vein patterns” in order to identify a customer, allowing them to use the biometric scan as an alternative (and, theoretically, faster) method of checking out than fumbling around with a credit card or cash. -The Verge

Customers who want to use their palms to pay at Whole Foods will be able to register their palms at kiosks in the supported Whole Foods stores, allowing them to associate a physical credit card to that palm scan. (Amazon One users who have already registered may have to re-link their cards once to be able to use them at Whole Foods.) And of course, Amazon One users will be able to link their Prime accounts to their scans to get the subscription service’s discounts when shopping, according to CNBC. 

There is a push to make this seem “normal.” Is this a precursor to the microchip? Perhaps. Only time will tell.  But many mainstream media outlets have reported on this and in a positive light trying to convince people this is a good idea.

Once again, use your discernment and apply critical thinking to everything. Stay alert and be aware of what’s being said and what’s going on around you. Anything new could be a piece of this agenda that they are ramming forward at an increased speed.

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When Corporations Become More Powerful Than The Government, Our Definition Of “Big Brother” Needs To Change

Throughout human history, our God-given liberties and freedoms have often been brutally crushed by oppressive governments, and that is still happening all over the world today.  But in our time, an additional threat to our liberties and freedoms has emerged.  Global corporations just continue to get larger and more powerful, and in recent years they have been increasingly using that power to shape society.  This is a very dangerous trend, because in the western world many of the constraints that our national governments are forced to operate under simply do not apply to corporations.  This gives them an enormous amount of leverage, and they are using it.

Here in the United States, the federal government still has a monopoly on power in areas such as border security, national defense and foreign policy.

But when it comes to the things that matter the most in the day to day lives of most Americans, it could be argued that the giant corporations have now become more powerful than the federal government.

For example, our politicians like to brag about how many jobs that they have “created”, but the truth is that they don’t actually create any jobs unless you want to count useless government desk jobs.

Our politicians can help to foster an environment that will be favorable for economic growth, but it is the corporations that really determine whether the economy will grow or not.

In fact, it could be argued that the corporations are the economy at this point.

Over time, it has become increasingly difficult for any American to become truly independent of the corporate system.  Even if you own a small business or you work for yourself, there is a good chance that you depend on the big corporations in many ways.

If you doubt this, just try to “go it on your own” without ever using any corporate products, without ever dealing with a big tech company, and without ever bringing in any income from any corporate source whatsoever.

These days, most of our lives are defined by our corporate overlords.  They decide what job you will have, what your pay will be, what hours you will work and what your health plan will look like.

Beyond that, now many large corporations have decided that there are certain beliefs, opinions and values that their employees are not permitted to have.

By now, you have probably heard that a certain actress was fired by Disney for having opinions that were not acceptable.  That was a very high profile case, but the truth is that this sort of thing is constantly happening all over the country at this point.

As we move into the future, being guilty of “thought crime” is going to eliminate large blocks of people from ever having certain types of jobs.  If you do not pledge fealty to the current version of political correctness, you simply will not be permitted to hold a prominent position in society.

If your beliefs are considered to be “offensive”, you may get to mop the floors for the elite if you are lucky.

Even when you are at home, the elite want to endlessly monitor and control what you do, say and think.  The primary way that they do this is through the Internet, and in recent months they have tightened their control considerably.  The following comes from an opinion piece that was just authored by former U.S. Senator Orrin Hatch

Consider the events of the last month. Social media sites banned the sitting president of the United States from their platforms. A purge of conservative voices on Twitter ensued. Amazon Web Services expunged Parler, a conservative social media site, from the internet. Just days later, YouTube blocked public access to a Senate hearing on COVID-19.

These events confirmed what many of us have long known: true political power no longer resides in Washington, but in Silicon Valley. Big Tech now effectively decides who has the right to speak, who has the right to assemble online and who has the ability to build a business in the digital age. For many Americans, Twitter’s terms of service agreement now has more power over what they can and cannot say in the public square than the First Amendment does.

In the old days, Americans could go to the public square and say anything that they want.

But now the big tech companies are the public square.

Freedom of speech is a thing of the past on the Internet, and more voices are being “deplatformed” with each passing day.

On Wednesday, it was LifeSiteNews

YouTube just completely removed the LifeSiteNews YouTube channel. This isn’t a temporary ban; every single one of our videos is completely gone.

This greatly grieved me, because so many other pro-life voices have already been silenced.  We desperately need those voices, because if we stay on the path that we are currently on, there is no future for America.

On Thursday, Twitter suspended Project Veritas.

Project Veritas would like to continue to share their information in the public square, and I would like to continue to share it with my readers.  In fact, I share Project Veritas videos on The Most Important News all the time.

But Twitter has decided that Project Veritas has become too offensive.

“Cancel culture” has gotten wildly out of control, and it is starting to infect every area of our society.  Here is more from Orrin Hatch

The pattern of “canceling” individuals for social media posts is well established. This can result in deplatforming, termination of employment or—if you’re baseball legend Curt Schilling—even losing your health insurance. We’re used to seeing cancel culture on a micro-scale: a newspaper editor being fired here, a university professor being suspended there. But now, thanks to an assist from Big Tech, we’re seeing cancel culture on a much broader level. Take the mass cancelation of Parler’s more than 10 million users, or growing calls to ban Fox News, Newsmax and other right-leaning channels altogether. If successful, these efforts will shrink the window of acceptable viewpoints in American society until conservatives find themselves on the outside.

As we continue to go down this road, just think about what this would mean for the next generation of Americans.

Children that are guilty of “thought crime” won’t get into good schools, they will never be allowed to have good jobs, they will be shunned by banks and financial institutions, and they will be banned or marginalized by all of the major entities on the Internet.

Basically, they will have to find a way to survive on the fringes of society somehow.

All of this is designed to force people to believe what they are supposed to believe.

In fact, it is dangerous for you to be reading this article right now.

They are always watching everything that you do on the Internet, and expressions of noncompliance are not acceptable in this brave new world that we live in.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post When Corporations Become More Powerful Than The Government, Our Definition Of “Big Brother” Needs To Change first appeared on End Of The American Dream.

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Enemies of the Deep State: The Government’s War on Domestic Terrorism Is a Trap

This article was originally published by John W. Whitehead at The Rutherford Institute. 

“This is an issue that all Democrats, Republicans, independents, Libertarians should be extremely concerned about, especially because we don’t have to guess about where this goes or how this ends. What characteristics are we looking for as we are building this profile of a potential extremist, what are we talking about? Religious extremists, are we talking about Christians, evangelical Christians, what is a religious extremist? Is it somebody who is pro-life? [The proposed legislation could create] a very dangerous undermining of our civil liberties, our freedoms in our Constitution, and a targeting of almost half of the country.”—Tulsi Gabbard, former Congresswoman

This is how it begins.

We are moving fast down that slippery slope to an authoritarian society in which the only opinions, ideas, and speech expressed are the ones permitted by the government and its corporate cohorts.

In the wake of the Jan. 6 riots at the Capitol, “domestic terrorism” has become the new poster child for expanding the government’s powers at the expense of civil liberties.

Of course, “domestic terrorist” is just the latest bull’s eye phrase, to be used interchangeably with “anti-government,” “extremist” and “terrorist,” to describe anyone who might fall somewhere on a very broad spectrum of viewpoints that could be considered “dangerous.”

Watch and see: we are all about to become enemies of the state.

In a déjà vu mirroring of the legislative fallout from 9/11, and the ensuing build-up of the security state, there is a growing demand in certain sectors for the government to be given expanded powers to root out “domestic” terrorism, the Constitution be damned.

If this is a test of Joe Biden’s worthiness to head up the American police state, he seems ready.

As part of his inaugural address, President Biden pledged to confront and defeat “a rise of political extremism, white supremacy, domestic terrorism.” Biden has also asked the Director of National Intelligence to work with the FBI and the Department of Homeland Security in carrying out a “comprehensive threat assessment” of domestic terrorism. And then to keep the parallels going, there is the proposed Domestic Terrorism Prevention Act of 2021, introduced after the Jan. 6 riots, which aims to equip the government with “the tools to identify, monitor and thwart” those who could become radicalized to violence.

Don’t blink or you’ll miss the sleight of hand.

This is the tricky part of the Deep State’s con game that keeps you focused on the shell game in front of you while your wallet is being picked clean by ruffians in your midst.

It follows the same pattern as every other convenient “crisis” used by the government as an excuse to expand its powers at the citizenry’s expense and at the expense of our freedoms.

As investigative journalist Glenn Greenwald warns:

“The last two weeks have ushered in a wave of new domestic police powers and rhetoric in the name of fighting ‘terrorism’ that are carbon copies of many of the worst excesses of the first War on Terror that began nearly twenty years ago. This New War on Terror—one that is domestic in name from the start and carries the explicit purpose of fighting ‘extremists’ and ‘domestic terrorists’ among American citizens on U.S. soil—presents the whole slew of historically familiar dangers when governments, exploiting media-generated fear and dangers, arm themselves with the power to control information, debate, opinion, activism and protests.”

Greenwald is referring to the USA Patriot Act, passed almost 20 years ago, which paved the way for the eradication of every vital safeguard against government overreach, corruption, and abuse.

Free speech, the right to protest, the right to challenge government wrongdoing, due process, a presumption of innocence, the right to self-defense, accountability and transparency in government, privacy, press, sovereignty, assembly, bodily integrity, representative government: all of these and more have become casualties in the government’s war on the American people, a war that has grown more pronounced since Sept. 11, 2001.

Some members of Congress get it.

In a letter opposing the expansion of national security powers, a handful of congressional representatives urged their colleagues not to repeat the mistakes of the past:

“While many may find comfort in increased national security powers in the wake of this attack, we must emphasize that we have been here before and we have seen where that road leads. Our history is littered with examples of initiatives sold as being necessary to fight extremism that quickly devolve into tools used for the mass violation of the human and civil rights of the American people… To expand the government’s national security powers once again at the expense of the human and civil rights of the American people would only serve to further undermine our democracy, not protect it.”

Cue the Emergency State, the government’s Machiavellian version of crisis management that justifies all manner of government tyranny in the so-called name of national security.

This is the power grab hiding in plain sight, obscured by the political machinations of the self-righteous elite. This is how the government continues to exploit crises and use them as opportunities for power grabs under the guise of national security. Indeed, this is exactly how the government added red flag gun laws, precrime surveillance, fusion centers, threat assessments, mental health assessments, involuntary confinement to its arsenal of weaponized powers.

The objective is not to make America safe again. That has never been the government’s aim.

Greenwald explains:

“Why would such new terrorism laws be needed in a country that already imprisons more of its citizens than any other country in the world as the result of a very aggressive set of criminal laws? What acts should be criminalized by new ‘domestic terrorism’ laws that are not already deemed criminal? They never say, almost certainly because—just as was true of the first set of new War on Terror laws—their real aim is to criminalize that which should not be criminalized: speech, association, protests, opposition to the new ruling coalition.”

So you see, the issue is not whether Donald Trump or Roger Stone, or MyPillow CEO Mike Lindell deserve to be banned from Twitter, even if they’re believed to be spouting misinformation, hateful ideas, or fomenting discontent.

Rather, we should be asking whether any corporation or government agency or entity representing a fusion of the two should have the power to muzzle, silence, censor, regulate, control, and altogether eradicate so-called “dangerous” or “extremist” ideas.

This unilateral power to muzzle free speech represents a far greater danger than any so-called right- or left-wing extremist might pose.

The ramifications are so far-reaching as to render almost every American an extremist in word, deed, thought, or by association.

Yet where many go wrong is in assuming that you have to be doing something illegal or challenging the government’s authority in order to be flagged as a suspicious character, labeled an enemy of the state, and locked up like a dangerous criminal.

Eventually, all you will really need to do is use certain trigger words, surf the internet, communicate using a cell phone, drive a car, stay at a hotel, purchase materials at a hardware store, take flying or boating lessons, appear suspicious, question government authority, or generally live in the United States.

The groundwork has already been laid.

The trap is set.

All that is needed is the right bait.

With the help of automated eyes and ears, a growing arsenal of high-tech software, hardware, and techniques, government propaganda urging Americans to turn into spies and snitches, as well as social media and behavior sensing software, government agents have been busily spinning a sticky spider-web of threat assessments, behavioral sensing warnings, flagged “words,” and “suspicious” activity reports aimed at snaring potential enemies of the state.

It’s the American police state’s take on the dystopian terrors foreshadowed by George Orwell, Aldous Huxley, and Phillip K. Dick all rolled up into one oppressive pre-crime and pre-thought crime package.

What’s more, the technocrats who run the surveillance state don’t even have to break a sweat while monitoring what you say, what you read, what you write, where you go, how much you spend, whom you support, and with whom you communicate. Computers by way of AI (artificial intelligence) now do the tedious work of trolling social media, the internet, text messages, and phone calls for potentially anti-government remarks, all of which is carefully recorded, documented, and stored to be used against you someday at a time and place of the government’s choosing.

For instance, police in major American cities have been using predictive policing technology that allows them to identify individuals—or groups of individuals—most likely to commit a crime in a given community. Those individuals are then put on notice that their movements and activities will be closely monitored and any criminal activity (by them or their associates) will result in harsh penalties.

In other words, the burden of proof is reversed: you are guilty before you are given any chance to prove you are innocent.

Dig beneath the surface of this kind of surveillance/police state, however, and you will find that the real purpose of pre-crime is not safety but control.

Red flag gun laws merely push us that much closer towards a suspect society where everyone is potentially guilty of some crime or another and must be preemptively rendered harmless.

This is the same government that has a growing list—shared with fusion centers and law enforcement agencies—of ideologies, behaviors, affiliations, and other characteristics that could flag someone as suspicious and result in their being labeled potential enemies of the state.

For instance, if you believe in and exercise your rights under the Constitution (namely, your right to speak freely, worship freely, associate with like-minded individuals who share your political views, criticize the government, own a weapon, demand a warrant before being questioned or searched, or any other activity viewed as potentially anti-government, racist, bigoted, anarchic or sovereign), you could be at the top of the government’s terrorism watch list.

Moreover, as a New York Times editorial warns, you may be an anti-government extremist (a.k.a. domestic terrorist) in the eyes of the police if you are afraid that the government is plotting to confiscate your firearms, if you believe the economy is about to collapse and the government will soon declare martial law, or if you display an unusual number of political and/or ideological bumper stickers on your car.

According to one FBI latest report, you might also be classified as a domestic terrorism threat if you espouse conspiracy theories, especially if you “attempt to explain events or circumstances as the result of a group of actors working in secret to benefit themselves at the expense of others” and are “usually at odds with official or prevailing explanations of events.”

Additionally, according to Michael C. McGarrity, the FBI’s assistant director of the counterterrorism division, the bureau now “classifies domestic terrorism threats into four main categories: racially motivated violent extremism, anti-government/anti-authority extremism, animal rights/environmental extremism, and abortion extremism.”

In other words, if you dare to subscribe to any views that are contrary to the government’s, you may well be suspected of being a domestic terrorist and treated accordingly.

Again, where many Americans go wrong is in naively assuming that you have to be doing something illegal or harmful in order to be flagged and targeted for some form of intervention or detention.

In fact, U.S. police agencies have been working to identify and manage potential extremist “threats,” violent or otherwise, before they can become actual threats for some time now.

In much the same way that the USA Patriot Act was used as a front to advance the surveillance state, allowing the government to establish a far-reaching domestic spying program that turned every American citizen into a criminal suspect, the government’s anti-extremism program renders otherwise lawful, nonviolent activities as potentially extremist.

In fact, all you need to do these days to end up on a government watch list or be subjected to heightened scrutiny is use certain trigger words (like cloud, pork, and pirates), surf the internet, communicate using a cell phone, limp or stutterdrive a car, stay at a hotel, attend a political rally, express yourself on social mediaappear mentally ill, serve in the militarydisagree with a law enforcement officialcall in sick to work, purchase materials at a hardware store, take flying or boating lessons, appear suspicious, appear confused or nervous, fidget or whistle or smell bad, be seen in public waving a toy gun or anything remotely resembling a gun (such as a water nozzle or remote control or a walking cane), stare at a police officer, question government authority, or appear to be pro-gun or pro-freedom.

Be warned: once you get on such a government watch list—whether it’s a terrorist watch list, a mental health watch list, a dissident watch list, or a red flag gun watch list—there’s no clear-cut way to get off, whether or not you should actually be on there.

You will be tracked wherever you go.

You will be flagged as a potential threat and dealt with accordingly.

This is pre-crime on an ideological scale and it’s been a long time coming.

The government has been building its pre-crime, surveillance network in concert with fusion centers (of which there are 78 nationwide, with partners in the corporate sector and globally), data collection agencies, behavioral scientists, corporations, social media, and community organizers and by relying on cutting-edge technology for surveillance, facial recognition, predictive policing, biometrics, and behavioral epigenetics (in which life experiences alter one’s genetic makeup).

If you’re not scared yet, you should be.

Connect the dots.

Start with the powers amassed by the government under the USA Patriot Act, note the government’s ever-broadening definition of what it considers to be an “extremist,” then add in the government’s detention powers under NDAA, the National Security Agency’s far-reaching surveillance networks, and fusion centers that collect and share surveillance data between local, state and federal police agencies.

To that, add tens of thousands of armed, surveillance drones and balloons that are beginning to blanket American skies, facial recognition technology that will identify and track you wherever you go, and whatever you do. And then to complete the picture, toss in the real-time crime centers being deployed in cities across the country, which will be attempting to “predict” crimes and identify so-called criminals before they happen based on widespread surveillance, complex mathematical algorithms, and prognostication programs.

Hopefully, you’re starting to understand how easy we’ve made it for the government to identify, label, target, defuse and detain anyone it views as a potential threat for a variety of reasons that run the gamut from mental illness to having a military background to challenging its authority to just being on the government’s list of persona non grata.

There’s always a price to pay for standing up to the powers-that-be.

Yet as I make clear in my book Battlefield America: The War on the American People, you don’t even have to be a dissident to get flagged by the government for surveillance, censorship, and detention.

All you really need to be is a citizen of the American police state.

The post Enemies of the Deep State: The Government’s War on Domestic Terrorism Is a Trap first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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These Are The Shadowy New York Financial Institutions That Forced Robinhood To Restrict Trading In Certain Stocks

This article was originally published by Michael Snyder at The End of the American Dream. 

Have you ever heard of the Depository Trust & Clearing Corporation?  What about Cede and Company?  If those names are foreign to you, then you don’t really understand how the core of our financial system really works.

A lot of people are blaming Robinhood CEO Vlad Tenev and the heads of other major trading platforms for the stock trading restrictions that we witnessed last week, but it was actually the DTCC that suddenly jacked up deposit requirements ten-fold.  Robinhood and other trading platforms were put in a vise-like grip, and they had no choice but to act.  Someone needs to investigate how these decisions were made at the DTCC, and if laws were broken those that were responsible for the decisions need to go to prison.

We are being told that retail traders needed to be brought under control “for their own good”, but it was the reckless short selling of the big hedge funds that actually set the stage of last week’s chaos.

Why doesn’t anyone ever talk about restricting their exceedingly foolish trading strategies?

Thanks to relentless buying by “the Reddit Army”, several major hedge funds got absolutely slaughtered last week, and that group included Melvin Capital

Melvin Capital, a premier Wall Street hedge fund entangled in the frenzy over GameStop (GME), lost 53% in January, a source familiar with the matter told CNN Business.

Melvin, a major short-seller of GameStop, bet that the company’s shares would drop. But, on January 11, GameStop announced new board members who could help it with digital sales. That set off a fury on Reddit, namely subreddit WallStreetBets, which catapulted GameStop’s stock more than 1,600%.

Of course, the small fish are not supposed to beat up the big fish like that, and the billionaires at the big hedge funds undoubtedly reached out to their powerful friends for help.

There had been speculation that the big hedge funds leaned on Robinhood CEO Vlad Tenev and the heads of other large trading platforms directly, but the truth is more complicated.

It turns out that the pressure on Robinhood and other major trading platforms came from the clearinghouse level.  The following comes from a piece in USA Today that was authored by Vlad Tenev himself

In a matter of days, our clearinghouse-mandated deposit requirements related to stocks increased ten-fold. These deposits are the collateral we post to ensure our access to clearinghouse services on behalf of our customers. They are what led us to put temporary buying restrictions in place on a small number of securities that the clearinghouses had raised their deposit requirements on. As we noted in a blog on Friday, it was not because we wanted to stop people from buying these or any stocks — we built Robinhood to provide access to investing for all. And it certainly wasn’t because we were trying to help hedge funds.

Tenev didn’t mention it by name, but the company that clears almost all of Robinhood’s trades is the Depository Trust & Clearing Corporation.  If you are not familiar with the DTCC, here is some basic info from Wikipedia

The Depository Trust & Clearing Corporation (DTCC) is an American post-trade financial services company providing clearing and settlement services to the financial markets. It performs the exchange of securities on behalf of buyers and sellers and functions as a central securities depository by providing central custody of securities.

DTCC was established in 1999 as a holding company to combine The Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC). User-owned and directed, it automates, centralizes, standardizes, and streamlines processes in the capital markets.[3] Through its subsidiaries, DTCC provides clearance, settlement, and information services for equities, corporate and municipal bonds, unit investment trusts, government and mortgage-backed securities, money market instruments, and over-the-counter derivatives. It also manages transactions between mutual funds and insurance carriers and their respective investors.

In 2011, DTCC settled the vast majority of securities transactions in the United States and close to $1.7 quadrillion[4][5][6] in value worldwide, making it by far the highest financial value processor in the world.[6] DTCC operates facilities in the New York metropolitan area, and at multiple locations in and outside the United States.

Theoretically, the DTCC is supposed to be a neutral participant in the markets.

But as we saw last week, that is definitely not the case.

So why should we allow a “for-profit monopoly” to have so much power over our financial system?  The following comes from a piece that was just authored by Omid Malekan

The brilliance of this excuse is that it only proves the skeptics and conspiracy-theory believers right. DTCC is a for-profit monopoly that sits at the heart of America’s financial system. It is controlled by the biggest Wall Street institutions and responsible for all public equity settlement. A subsidiary of it literally owns every single share of publicly traded stock in America. Yes, you read that correctly. You don’t actually own your shares of Apple or Microsoft, they do. You are only allowed to enjoy the financial benefits of being an investor because your corporate overlords let you. Why? Because the government wants it that way (the fact that financial firms like DTCC always donate a lot of money to politicians has nothing to do with it.)

Of course, the DTCC is not actually the top of the pyramid.

The Depository Trust & Clearing Corporation, the National Securities Clearing Corporation, and the Fixed Income Clearing Corporation are all managed “under the umbrella” of a shadowy entity known as Cede and Company…

This small New York based financial institution has a dozen directors and no more than a half dozen employees but holds, according to some reports, some 34 trillion dollars in assets.

A complex system of interlocking bodies, such as The Depository Trust & Clearing Corporation, the National Securities Clearing Corporation and the Fixed Income Clearing Corporation oversee all stock trading in the US. They all come under the umbrella of Cede.

And, on paper at least, own all the stocks traded.

One or more decision-makers at these shadowy entities decided to put an extraordinary amount of pressure on Robinhood and other trading platforms.

We need to find out exactly who was involved in making the decisions, and if something illegal took place the decision-makers need to be held accountable.

For now, Robinhood and other trading platforms will continue to restrict trading in certain stocks as we begin a new week

Robinhood will continue to limit trading on Monday in short-squeeze names like GameStop that have experienced explosive rallies and unprecedented volatility over the past week.

Customers can only buy one share of GameStop’s stock and five options contracts. However, the millennial-favored stock trading app did cut down its list of restricted stocks from as many as 50 on Friday to eight starting Monday.

Our financial system is far more vulnerable than most people realize, and it is just a matter of time before the house of cards comes tumbling down.

Anyone that still thinks that we have a “free market” after what we witnessed last week is simply being delusional.

Very powerful forces look out for the interests of the ultra-wealthy and the game has been carefully designed for them to win.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post These Are The Shadowy New York Financial Institutions That Forced Robinhood To Restrict Trading In Certain Stocks first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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BIDEN WON’T GET HIS WAY!

This article was contributed by The Wealth Research Group. 

Democrats have the legislative path to push through the $1.9tn American Rescue & Recovery Plan through the back door if they really wanted to; it’s called budget reconciliation. This is the mechanism that allows Democrats to vote on the plan, which will ease their path and relieve them from having to gain the support of at least ten Republicans, in order to reach the 61 total “YES” votes needed.

Biden presented the plan in a way that aims to unite the country, by hoping that Republican Senators agree to it, but $1.9tn is a huge sum!

Republicans can’t just abandon all logic and agree to this proposed stimulus plan, in the name of uniting the country. The markets, seeing through Biden’s weakness, are not happy with the delays that are projected with this plan.

This anticipated friction between the two camps is the cause of the few red days we’ve been seeing this week, especially in the NASDAQ 100 and, obviously, with precious metals.

BIDEN’S FIRST 100 DAYS

Wall Street’s forecast is that the $1.9tn will be trimmed back all the way to $1.1tn, which is a colossal difference.

The United States’ annual GDP comes out to be around $22tn, so a $1.9tn plan would equal just over 8.5% of it; the impact of it would be enormous.

Just in December 2020, Congress passed the $950bn plan, which took months to get approved and thousands of man-hours to get done. Hence, the idea that the government would easily persuade the majority of representatives to sign off on an additional $1.9tn – double the size of the last one – is proving to be an issue.

The budget reconciliation process, which is the feasible way to just use the Democrats’ majority, is what Biden’s team would resort to if the bipartisan angle doesn’t fly. To them, success would show that there is bipartisan support for the plan, so they’re pursuing this path first; that way, they show the country that Republicans have deserted Trump.

In American politics, there is no precedent for parties coming together on legislation like this, just because the president-elect wants to create an image of unity.

Clearly, Democrats are trying to show the world and their own voters that they are more flexible and civil than their more aggressive counterparts, who bulldozed through Washington, but that’s all a façade. If you know politics like a pro, you know that while Trump might have been a straight shooter in showing his disgust with the swamp, the other side is just as vicious, only they choose to conceal that part of their personality from the public.

Most Republicans won’t be fooled by these theatrics.

If the Democrats want to get ten Republican Senators to vote their way, there’ll be heavy political prices to pay.

Don’t forget that there’s an impeachment trial coming up (Which Mitch McConnell is being devious about {more on that this Tuesday}), which will be a focal point for Congress and might take weeks.

The markets are pricing in these time-consuming issues and they’re not excited about them.

BURNING ISSUES: WATCH THESE CLOSELY

  1. Precious metals must catch a bid this week, or I’m afraid that they’ll consolidate for weeks, perhaps even for 2-3 months, save for a new catalyst that might be introduced that’s not expected at this point.
  2. On the flip side, there are monstrous efforts on the part of central banks around the globe to artificially curtail the slump in the dollar. Many countries’ central banks are buying dollars and making assurances that they’ll keep on purchasing in 2021, in order to put a floor on its rapid decline – they’re creating artificial demand.

In Israel, for example, where I am currently, the dollar is trading at 1996-levels!

  1. Re-Opening the economy would mean that many more businesses would compete for your dollars. While closing Main Street compelled consumers to transact with Wall Street names and do their shopping with publicly-traded companies, re-opening would bring back mom-and-pop shops to our lives, weakening corporate profits and markets would price it in.

I like having cash right now and I like keeping my options open because things could go either way. Therefore, my cash allocation is at 23%, higher than my average 16%.

Lastly, here’s the Total Wealth Report: 12 guiding principles for life – access it HERE!

The post BIDEN WON’T GET HIS WAY! first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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Horowitz: It’s time to let Democrats tax the pants off big business

Why do we lie down on the tracks to bail out those corporations that are abusing us from looming tax increases threatened by the same party that uses them to destroy our freedom and our lives? If Democrats want to raise taxes on big corporations, let’s exempt small businesses and agree to drop the filibuster against any proposal that raises the corporate tax rate on the rest of them. In fact, why not outbid the Democrats and propose a doubling of the corporate tax rate on America’s largest corporations?

What’s worse than pure socialism? Low-tax socialism.

The free market is a full-package deal. It requires government to not only keep taxes at a minimum, but to keep spending low, stop the Federal Reserve from tampering with the economy through monetary morphine, and, most importantly, refrain from regulating businesses into oblivion. Instead, Republicans have joined with Democrats for years to promote every facet of socialism and anti-market government intervention under the sun. The one thing they fought for was low taxes.

This dichotomy created the worst outcome of all. Large corporations that had the economies of scale to deal with regulations and the cash flow to benefit from the ridiculous monetary policies were able to thrive while small businesses were run out of business. Throw into the equation the corrupt government relations and trade with China, and you had a perfect storm for a venture socialist economy that robbed from small businesses to give to large businesses.

Corporate America has become the number one enforcer — even more effective than the media and academia — promoting open borders, endless Middle East migration, weak-on-crime laws, anti-religious liberty policies, mindless multiculturalism, and the transgender agenda. Even on fiscal issues, the big corporations support the welfare state, Obamacare, and all the regulations that help them shut out competition. And remember, government-run health care is the single biggest driver of our debt, and that is being fueled by big business, particularly the health care industry.

Now, these masters of the universe have become the single most potent tool in crushing the liberties of the very political opposition that has helped them all these years escape the one Democrat policy they disagree with — high taxes. The one component of the Democrat platform missing from corporate America’s ideological portfolio is the tax issue. If the corporations empowered Democrats on that issue too, they couldn’t survive. Thus, they feast off the Republican lifeline against Democrat tax increases so that they can promote the rest of the progressive agenda and silence patriots.

Now is the perfect opportunity to turn that paradigm on its head. Amid all the civilization-crushing battles we are confronted with — from suspension of civil liberties and open borders to mass release of criminals and criminalization of patriotism — why should we expend our capital fighting the Democrat attempt to raise the corporate tax rate? In fact, why not agree to double that rate, so long as it only applies to businesses with over 5,000 employees?

Joe Biden’s plan would raise the corporate tax rate from 21% to 28%. Conservatives should demand that Republicans block the plan until the rate goes much higher, but only on large corporations. Government has used COVID to shut down small businesses and make Walmart and Amazon filthy rich. That is the ultimate form of socialism. It’s time to even up the score by demanding a 50% tax on certain large corporations and zero taxes for five years on businesses under 500 employees as a form of Fifth Amendment Takings Clause reparations for shutting them down.

Americans are sick of one-way constitutionalism and one-directional free markets, whereby corporations get in bed with government for years to violate the Constitution and permanently distort private enterprise and social behavior, while capitalizing on principled conservatism to maintain the new status quo.

At the 1984 Democrat National Convention, presidential nominee Walter Mondale reportedly turned to Congressman Dan Rostenkowski and said of those in the audience, “Look at ’em. We’re going to tax their ass off.” Well, in this year of COVID-1984 — a year when big business is working to lock us down and censor us so they can crush small business and American patriots — perhaps it’s time we finally let Democrats punish our enemies for us.

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BREAKOUT or MELTDOWN: READ CLOSELY!

This article was contributed by The Wealth Research Group. 

When you’re done reading today’s letter, you’ll be left with a big decision to make, and my message to you is that instead of boxing yourself into a corner and making it today, you can choose to do as I have done throughout my career and diversify your assets, while “living” the environment and the economic conditions.

As 2020 ends, here’s what bulls claim:

  1. Yes, the stock market is expensive and, yes, there’s a strong sentiment that resembles the Dot.Com days, but the world today is not like it was back then, since there are fewer investment alternatives outside of the stock market. Therefore, this market can remain expensive.
  2. The unprecedented stimulus of 2020 has not yet been felt. In 2021, this fresh currency supply will flow into Main Street, making the recovery stronger, more inclusive and stocks can actually rally big in 2021.
  3. Technology, automation, cloud, IoT, and breakthrough medicine are making the world better, more efficient, and more affordable, which, in turn, makes corporations more valuable.

If you’re not buying that, you’re not alone; there are a few bears left out there, and here’s what they say:

  1. Currency printing has inflated asset prices, at the expense of starving the real economy. It’s causing all sorts of societal mass, the introduction of government dependency, historically-high wealth, and income gaps and it’s an “artificial” economy – a balloon that will pop.
  2. Debt levels are simply absurd; governments run perpetual deficits, which will collapse and equities will, in turn, drop in price.
  3. Corporations and households are loaded with toxic debt, which keeps them afloat for now.

It’s a giant house of cards is the bottom line for this camp and they mostly refuse to participate.

Courtesy: Zerohedge.com

Big, macro-economic predictions are not money-makers. It’s extremely difficult to build a screenplay of how the global economy will behave and play your hand, going off one’s forecast.

Many have tried and failed this way; Ray Dalio, the famed hedge fund manager, has been underperforming indices for several years, ever since his switch to macro-economics, as a leading catalyst for results.

The fact of the matter is that many “brilliant” people said Bitcoin is a joke and have been eating their own s**t for missing out on an amazing boom. Plenty of billionaires scoffed at gold, while it has appreciated by 700% in the past 20 years!

Hundreds of hedge funds shorted companies, such as TSLA, only to lose their clients a bundle in the process.

The point here is that one better not comment on what one has no idea about. My chief conclusion from having been at the entrepreneurship, business building, and investing world in the past two decades is that intolerance is the greatest sin of the one whose goal it is to generate returns over time.

Evolution and the ability to admit mistakes, in order to grow, is perhaps the most vital trait of the winner – who isn’t tied to his opinions if they neither hold the water nor withstand the test of RESULTS.

Look at the chart above; it implies that a huge market crash is imminent, but it could also prove that a major surge is coming, breaking out of the resistance line.

What should one do, then?

What I do is live and breathe the action and make decisions, based on current circumstances, not future scenarios. If something makes sense today, I do it.

By definition, if every single day you do only what makes sense, your overall result will make sense.

Don’t fall into traps, hype, or doom. THINK!

The post BREAKOUT or MELTDOWN: READ CLOSELY! first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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Greg Mannarino: The Economic Collapse Is Here

Greg Mannarino says the economic collapse has arrived. “Sit down. Buckle up because this is going to be a wild ride,” says Mannarino.

Mannarino starts by showing the jobless claims have once again almost reached the 1 million mark. People are rarely unemployed and there is no recovery happening unless you are a corporation. “Look, I don’t know another way to say it. We are in an economic collapse here in the United States!”

Even though the entire system is collapsing around us all, the stock market will go higher. It all debt and we have a debt-based system that will eventually self-destruct.  This will have lasting effects on a global scale. The last two presidents have made certain that the debt issued is in record amounts as the middle-class is destroyed by design. “They sold the United States, or whatever is left of it, to the Federal Reserve, and right now, we’re watching a merger in front of our face. Corporations and the new American government, New World Order. Welcome to it!”

Greg Mannarino: It’s Critical To Understand That The Goal Is “Full Control By The Federal Reserve”

America is in free fall. Things will not improve even if another stimulus package is passed, in fact, that will hasten the collapse. If you are not prepared for an economic crash the likes of which we have never seen in human history, now is a great time to get things in order.

We are also seeing countries locking down for a second time doing more untold damage to already fatally wounded economies.  Brace yourself. It has only just begun. “You have no idea what’s coming. This is all by design,” Mannarino makes clear. “Realize how this is set up from the getgo…understand that a new set of rules are coming down the pike as America is in collapse.”

Prepare For An Economic Emergency Or Recession

PREPPING FOR THE UPCOMING GOVERNMENT-INDUCED FOOD SHORTAGES

“With regard to the economic collapse we are in, believe me when I say this: you haven’t seen anything yet,” Mannarino says. “This is the opening act. It’s gonna get much much worse.”

 

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This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen Before

This article was originally published by Michael Snyder at The Economic Collapse Blog.

The U.S. economy was supposed to be turning a corner by now, but instead, it looks like we are headed for an exceedingly painful winter.  All over the country, big companies are laying off thousands of workers, and in some cases, the numbers are even larger than that.

As you will see in this article, Disney just announced that they will be laying off tens of thousands of workers, and the airline industry is warning that 100,000 workers could soon permanently lose their jobs if the federal government doesn’t bail them out.  Meanwhile, we have been seeing businesses fail at a pace that is absolutely stunning.  According to the Wall Street Journal, this year we are on pace to set new records for retail stores closings, retail bankruptcies, and retail liquidations…

Retail store closings in the U.S. reached a record in the first half of 2020 and the year is on pace for record bankruptcies and liquidations as the Covid-19 pandemic accelerates industry changes, particularly the shift to online shopping, according to a report on the downturn’s severity.

Apparel retailers have been hit particularly hard during this pandemic, and it has been extremely sad to see some of the most iconic brands in the entire industry reach the end of the line

Among the notable companies that went belly-up over the summer are Lord & Taylor and its subsidiary, Le Tote; Tailored Brands, which is the parent company of Men’s Wearhouse and Jos. A. Bank; and Ann Taylor’s corporate parent Ascena Retail Group.

But it isn’t just the retail industry that is being utterly devastated.

According to Zero Hedge, there has been a “40% eruption in bankruptcy filings” in New York City so far in 2020, and one bankruptcy lawyer is warning that “there will be an avalanche of bankruptcies” as we approach the end of the year…

While Wall Street panic buys stocks again, on hopes Washington can pass the next round of much-needed economic stimulus, the broader commercial real estate market continues to implode and nowhere more so than the epicenter in New York City, where nearly 6,000 business closures, has resulted in a 40% eruption in bankruptcy filings across business districts of all five boroughs this year, reported Bloomberg.

Al Togut, a bankruptcy lawyer who has handled insolvencies for small firms to mega-corporations, said, “by late fall, there will be an avalanche of bankruptcies … When the cold weather comes, that’s when we’ll start to see a surge in bankruptcies in New York City.”

So does that sound like things will be getting better or does that sound like things will be getting worse?

I know that the answer is obvious.  I am just trying to make things crystal clear for those that have been deluded into thinking that we are headed for some sort of a “recovery”.

As more businesses collapse, more workers will lose their jobs.  So even though we have already seen more than 60 million American workers file new claims for unemployment benefits in 2020, more waves of unemployment are still on the way.

For example, we just learned that KPMG will be eliminating 1,400 jobs.  Those are good-paying jobs and they will not be easy to replace.

Not to be outdone, Disney has announced that they will be laying off 20 times as many workers

Disney is set to lay off around 28,000 employees in the United States as prolonged closures and limited attendance have decimated its theme park business.

The announcement was made in a letter to employees Tuesday from Josh D’Amaro, Disney’s head of parks, who detailed several ‘difficult decisions’ the company has been forced to make amid the ongoing pandemic.

Personally, I think that it is very cruel for Disney to do this.

They have made countless billions of dollars off of all of us over the past several decades, and they are in absolutely no danger of going bankrupt.

So can’t they come up with a little bit of cash to pay those workers during these tough months?

On the other hand, the airline industry is actually on the verge of a historic implosion, and we are being told that 100,000 workers could soon lose their jobs if they don’t get a massive bailout from the federal government.  The following comes from Wolf Richter

October 1 is the day US airlines that accepted their portion of the $25-billion bailout under the CARES Act can start involuntary layoffs of their employees. They’ve been shedding large numbers of employees since March but through voluntary buyouts, early retirements, and other programs that induced employees to temporarily or permanently leave. Now the airlines are engaged in a desperate lobbying effort to get legislation signed into law that would provide the next $25-billion bailout package. Threats have been flying, so to speak, to motivate Congress to get this done.

American Airlines CEO Doug Parker told CBS News on Sunday that if there isn’t a new bailout program, “there are going to be 100,000 aviation professionals who are out of work, who wouldn’t be otherwise.” This would include the 18,000 employees American Airlines has threatened to lay off.

With everything that is going on, I don’t have any idea how so many Americans can still feel so confident about the economy right now.

It just doesn’t make any sense.

Perhaps this is another sign of how self-involved we have all become.  If you haven’t lost your job and nobody you know personally has lost a job, perhaps things still seem okay in your little world.

But for many Americans, this economic downturn has quickly become a horror show.  In Philadelphia, a housekeeper named Kat Payne was “furloughed” from her hotel job back in March, and now trying to figure out how to survive has become part of her daily routine

Most mornings, Kat Payne calls a family meeting and talks with her children about how — or if — they are going to be able to pay their bills each month. It’s a routine she began after she was furloughed from her job as a housekeeper at the Philadelphia Marriott Downtown in March.

Payne, along with her 27-year-old daughter Kipati and 28-year-old son Atrayu, gather in their North Philadelphia living room, with the household bills in hand. She reviews the mortgage payments and her retirement and savings accounts with her children.

At this point, Payne has not been able to pay her mortgage for four months in a row, and she just received a letter with some more devastating news

Payne, 51, a single parent, recently received a letter from Marriott, which she reads out loud to her children: “We’re extending your layoff until December 31, 2020.”

Could you imagine being in her shoes?

What would you do?

Unfortunately, there are tens of millions of other Americans just like her that are deeply hurting right now, and economic conditions are only going to get worse in 2021 and beyond.

With each passing month, more businesses are going to crumble, more workers are going to lose their jobs, and more financial stress is going to be put on the system.

All of the dominoes are starting to fall, and every day there are more headlines that tell us that our society is coming apart at the seams.

I have been warning my readers for a very long time that this was coming, and now that it is here there will be no escape.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.com.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  By purchasing the book you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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CRYING WOLF: POWELL WON’T HELP TRUMP!

This article was contributed by Tom Beck of Portfolio Wealth Global. 

Are you waiting for Jerome Powell to pull a RABBIT out of his HAT? There’s a presidential debate tentatively scheduled for the 29th, so don’t expect the central bank to MEDDLE in the MARKETS between now and then, since there’s absolutely no chance they want to be appearing to be TAKING SIDES.

For the next few weeks, we have freer markets, so PRICE DISCOVERY will be real. The Federal Reserve won’t do much to offer artificial support.

We saw a run to cash, but institutional money looks to be COMFORTABLE with buying the DIP at this point, with the S&P 500 in correction mode (-10%), on top of the NASDAQ 100.

Courtesy: Zerohedge.com

The global markets have GOTTEN USED TO government debt rising perpetually, so no one is TOO ALARMED by this, but when global GDP is at 252%, the REAL MEANING of it is that there are GUARANTEED VICTIMS in the sovereign restructuring in the years to come.

Portfolio Wealth Global believes that both gold’s and silver’s PUKE yesterday shows that there’s BIG SUPPORT at the $1,900/ounce area, so we are eager to see if a NEW UPTREND is starting, after this BLOODBATH WEEK.

The majority of people are vaccine-biased, which means that they won’t return to FULL CONFIDENCE until we “beat the corona.”

Many industries are GOING BACK 5-10 years and even worse than that, in terms of demand for their products and services, facing massive default waves and I’m telling you that this is where BIG MONEY will be made.

Hoteling, real estate, aviation, office space, healthcare – you name it and it’s in REBUILDING MODE.

What are you doing to capitalize on this? Consumers, corporations, and governments need you to innovate and you can make a fortune on the way.

Courtesy: Zerohedge.com

EVERYONE is betting on technology, but the value is in the BEATEN-DOWN sectors.

The markets have SHAKEN OUT the people who aren’t ready for volatility, but September isn’t over, nor is this SECOND WAVE scare.

Personally, I follow our WATCHLISTS, which have come out in the past few months.

The first is from late March and delivered HUGE RETURNS – click HERE!

The second came out right before the June 8th peak – click HERE!

The third came out JUST RECENTLY to address the September massacre – click HERE!

Just a few days ago, when NASDAQ peaked, we published this (so timely) – click HERE!

FEAR LEVELS are up; this is when contrarians act. We’re like nocturnal animals – we wait for everyone to sleep and then WE HUNT.

I feel the same way about gold; this week’s dump to just over $1,900 took care of the LEVERAGED TRADERS.

Courtesy: Zerohedge.com

It’s LITERALLY IMPOSSIBLE to be looking at these charts and not allocate funds into precious metals.

I ask people from the U.S., from Europe, from Central America, from Asia, and from Australia; the answer is the same: NO TRUST in government.

Gold is essential and the fact remains that the uptrend is IN PLACE.

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ROUND TWO IS HERE: BRACE FOR IMPACT!

This article was contributed by James Davis with Future Money Trends. 

Some have been calling for a RETEST of MARCH LOWS, and I’m telling you that while Future Money Trends doesn’t see the indices going there AS A WHOLE, we are pretty certain that some companies, especially in COVID-19-SENSITIVE industries, are going to those levels ONCE MORE!

Make sure you analyze our four WATCH LISTS published since March: 1, 2, 3, and TECH.

What this SECOND SCARE of COVID-19 is guaranteeing is more social unrest, more riots, more division, and MUCH MORE media propaganda.

It’s going to be EXTREMELY DISHEARTENING to see countries coming apart, democracies crumbling, friendships coming undone, corruption reigning supreme, and old ideas falling from a cliff, but the next three to four months WILL BE DISASTROUS.

Don’t stoop to the level of general society; instead, help lift others upwards instead.

Courtesy: Zerohedge.com

I want to really DRIVE HOME the point of why rates can’t go higher. If anything, they’re probably HEADED DOWN even more.

Sovereign debt is, in nominal terms, increasing to INDEFENSIBLE levels. Governments will never be able to keep paying down the principal and the interest, so they’re defaulting and are SOLELY FOCUSING on the interest servicing, which is easy with ZERO RATES and child’s play with NEGATIVE RATES.

If a government can restructure MOST or ALL of its debt to zero and negative rates, they’ll also be able to issue very long-term bonds, going out 50 and 100 years.

That’s one MAIN REASON why the central banks must continue monetizing the debt by suppressing bond yields down.

The governments aren’t by themselves in this, solely thanks to zero rates. Corporations are RIDDEN WITH DEBT that can only be serviced in this environment.

Should lenders decide that they just can’t accept these rates any longer, the DEFAULT TSUNAMI (across the board bankruptcies) that will ensue will be HISTORICAL.

Courtesy: U.S. Global Investors

As you can see, in September 2018, two years ago, when I mentioned that I’m buying gold personally, the price was $1,200/ounce and interest rates topped. Since then, THE TRANSITION to negative rates, which accelerated in June 2019, has brought HUGE REWARDS to us!

Many doubt how rates could plummet further. True, they’re already -1%, so for them to sink BELOW THIS, either inflation ticks up or 10-year yields go lower, two scenarios that are HARD TO IMAGINE.

Future Money Trends believes that inflation can rise by another +0.4%, while rates can lower by another -0.2%. In total, this represents a 50% move in real rates, from -1.00% to -1.50%, which doesn’t seem like much, but in GOLD TERMS, it represents a potential +25% upwards potential to $2,750/ounce.

You can see a SNEAK PEEK of it below:

Courtesy: U.S. Global Investors

The post ROUND TWO IS HERE: BRACE FOR IMPACT! first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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NASDAQ NOSEDIVES: Can You Handle THE HEAT?

This article was contributed by Tom Beck of Portfolio Wealth Global.

We warned all throughout the MONTH of AUGUST that markets just don’t accept the REALITY of VALUATIONS anymore and one week afterward, the S&P 500 and NASDAQ peaked and have since entered a correction (NASDAQ for now).

Historically, as we explained, September is the market’s WORST MONTH, but this is getting even more SCREWED UP since Europe is considering a second quarantine period while elections in the U.S., which are the BIGGEST UNKNOWN, are rapidly approaching.

Listen closely: Americans are so programmed by propaganda ON BOTH ENDS of the spectrum that the questions asked to everyday citizens reflect the SERIOUS NUMBNESS of the average voter:

 

Courtesy: Zerohedge.com

As you can see, the RACE IS TIGHT and the stakes are high!

Yesterday, I watched the amazing documentary “The Social Dilemma,” which proves beyond any shadow of a doubt what the business model incentives of social media giants are, and it will be them that DECIDE THE OUTCOME of this presidential run come November.

Between now and then, here’s what could HELP TRUMP, and below that is what could help BIDEN:

  1. Vaccine news – the cure will obviously be positive for Donald Trump, who will RIDE THE COATTAILS, taking credit for the record-fast approval process.
  2. Quarantines and school closures – I have no doubt that Democratic states are going to MAKE LIFE a living hell for residents because they must show Trump’s inadequacy with containing the pandemic.
  3. Debates – obviously, the more we allow these two TO CONFRONT each other, the more Trump has a chance to shine.
  4. Social unrest – if chaos returns, police defunding claims will bring voters to Trump, who is against it. Police brutality, on the other hand, indirectly helps Biden.

Courtesy: Zerohedge.com

For now, markets are still IN SHOCK that Trump’s approval ratings aren’t what they were pre-COVID-19. In January, no one predicted a close race, so I believe that if Biden’s chances are real, it could be AN INITIAL re-rating of equities downwards due to the high probability of higher corporate taxes.

So, when looking at this -12% correction in the NASDAQ, don’t assume it has anything to do with the presidency because it doesn’t.

Prices of equities are TOO HIGH and it’s dawning on institutional investors that they can invest in the recovery by going LONG the beaten-down industries, thus leaving the “bubble territory” to the retail public to MESS WITH.

Now, after the dynamite has exploded, we believe institutions will use stink bids and get back into tech.

We sure are exploring the matter using THIS new watch list.

After already being out of the woods, the SECOND-WAVE mentality that is taking over is depressing and I expect many controversies in the COMING MONTHS.

Lastly, we’re working on a BIG ALERT that you don’t want to miss, so stay focused on what’s coming.

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Fw: Is the GREATEST CRASH Ever COMING?

This article was contributed by James Davis with Future Money Trends. 

In 2008, when the markets plunged by 47%, central banks and the government HAD A CHOICE: allow debts and companies to run the normal course of bankruptcy or INFLATE AWAY by intervening in the process. The decision to bail out the financial system’s most powerful corporations, which were the banks, PAVED THE WAY for the unprecedented COVID-19 response and the way interest rates operate globally in 2020.

The Federal Reserve is an institution that COLLECTS DATA from innumerable sources and makes analytical decisions based on its lawful mandate and risk tolerance.

Failure to act in the Great Depression of 1929 has played a major role in the thought processes of FED chairmen over the decades.

A lack of adequate response in 1929 is what historians blame the central bank for. When there’s a monetary system that pegs gold ounces to the supply of government currency, public trust is measured by their ability to convert notes to precious metals. When there’s a STRICTLY CREDIT system in place, as we have right now, gold is marginalized in the eyes of the public.

Only 0.5% of global wealth is held in gold; most don’t care to learn about it and some EVEN SCORN it as a thing of the past, yet it is trading near all-time highs and has been a TOP-TIER performer in the 21st century.

In our opinion, gold is becoming LESS VOLATILE and more of a MUST-OWN asset since the ETFs have made it a thing of comfort to have exposure to.

In my networking group, which I highly respect, we had the following question raised in light of the comparisons made by the CHART BELOW between 2020 and 1929:

Courtesy: Zerohedge.com

 

The question: Is the GREATEST CRASH on record coming?

We’ve gathered answers from billionaires and money managers who are MARKET VETERANS, along with large hedge fund managers. The result? NO MARKET CRASH is predicted!

I want to go over the reasons behind this since many feel like THE EARTH IS SHAKING beneath them and they’ve been living under that premise for years!

The Internet is FILLED WITH forecasts of doom, -80% wealth destructions and the worst economic conditions in modern history, all based on the chart below of the UNSUSTAINABLE NATIONAL DEBT.

Courtesy: Zerohedge.com

Many people can’t sleep at night, worrying about the DEBT LOAD of the federal government, so I’d like to DECONSTRUCT this threat and bring it down to the level of the individual.

The United States’ GDP isn’t growing as fast as its debts are, so the ratio between productivity and debt issuance is GETTING SMALLER, which is to say that it is unsustainable.

Is there a connection between this and the markets? NOT REALLY…

As you can see, total debt is ALWAYS GROWING (since 1971, that is), and even the feared DEBT/GDP ratio is growing along with it, yet because of zero interest rates, it’s actually VERY EASY to pay the interest on the debt, which is what the government does. On top of that, many of the LARGEST EXPENSES are social entitlements, so it can be argued that cutting back on those will MATERIALLY EASE the debt burden, though I can’t say that there’s political will to entice the baby boomers just yet.

The bottom line is that (1) companies are innovating LEFT AND RIGHT, which is what is moving the world forward, and (2) interest rates are so low that owning equities is ONE’S ONLY CHOICE!

Instead of thinking of a market crash, think about the RECORD-HIGH wealth gap!

This is really what the world has to fear because it drives social unrest and PERPETUATES POVERTY. The fact that there is NO CRASH is what makes poverty linger; the people at the bottom of the food chain don’t get to capitalize on the wealthy’s mistakes.

The post Fw: Is the GREATEST CRASH Ever COMING? first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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RENDEZVOUS w/DESTINY: Silver $52 – PIPES BURSTING!

This article was contributed by Lior Gantz of the Wealth Research Group. 

I showed you the THREE BIG TRUTHS of the coming decade. Ignoring these trends will result in poverty, while adapting to them and ADOPTING THEM will lead TO RICHES.

The second truth is that rates will REMAIN NEAR ZERO for years, perhaps for good (until the dollar is replaced or joined by another reserve currency).

If that’s the case, NEGATIVE RATES are nearly guaranteed. Think of it in this light: if rates are zero and inflation isn’t, then real rates are negative BY DEFINITION.

Too many currency units in circulation have led the large institutional funds to embark upon adventures that they wouldn’t otherwise choose to engage in; they’re borrowing because it’s there for the taking.

There’s just NO WAY to generate a fixed-income stream the same way that it WAS POSSIBLE in the 1980s and 1990s, when nominal rates were high and inflation was quite moderate, NOT TO MENTION that debt/GDP ratios weren’t alarming, as they are today.

Courtesy: Zerohedge.com

The chart above shows the STRENGTH of the TREND. Inflation is rising, since Covid-19 isn’t nearly as bad as those early epidemiologists SCREAMED it WOULD BE.

Therefore, not only is the rebound quick to happen, BUT SINCE industries weren’t in a TOUGH SPOT going into this mess, there’s a real chance that dominant companies will BOUNCE BACK faster than we might expect.

In fact, that’s what the MARKETS ENVISION, since they treat the world’s MEGA-CAP companies, such as Apple Inc., Facebook, Google, Amazon and Microsoft, as more than regular businesses. They ascribe a MASSIVE PREMIUM to them, since they’re also stores of value, AAA bonds and gold, all in ONE CLICK of the mouse.

They dominate their industries, almost like monopolies do, but it’s not like that at all; customers have plenty of OTHER CHOICES, but they love the products and the services they get from them.

Other companies CAN BE DISRUPTED, overtaken or somehow seem vulnerable, but these ones are DEEMED INVINCIBLE.

This notion is translated into HISTORICALLY-HIGH levels of concentration of size, as you can see below:

Courtesy: Zerohedge.com, BearTrapsReport

The market now has days where the OVERWHELMING MAJORITY of stocks are down, deep IN THE RED and yet it closes up. This is possible only because the WEIGHT of the index is towards market capitalization.

This demonstrates the importance of owning the indices, since history proves that the LION’S SHARE of ultimate return originates from only a handful of stocks.

Two years ago was the last time I WALKED THE STREETS of Manhattan and visited the Federal Reserve’s building, as well as Wall Street, home to the New York Stock Exchange.

On this exchange, more than 3,000 public companies are listed. Today, with markets at ALL-TIME HIGHS, fewer than 50 of these stocks are trading at 52-week highs! On the NASDAQ, where about 3,500 tech and other types of companies are listed, fewer than 150 stocks are trading at 52-week highs!

I can see the WRITING ON THE WALL and it tells me we’re either ON THE PRECIPICE of a severe correction or, if the economy generally improves, on the cusp of a SPECTACULAR RALLY to even loftier valuations.

While it is impossible to predict which is next, we can HEDGE PROPERLY, by both diversifying into companies that are STILL CHEAP, while at the same time having exposure to the index, but also allocating funds into precious metals, real estate and PRIVATE DEBT.

Diversification is paramount!

The post RENDEZVOUS w/DESTINY: Silver – PIPES BURSTING! first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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Global Elite Have More Control Over Us Than Most DARE To Imagine

Most people do not want the truth and prefer to be coddled by the lies.  The global elites have more control over all of us than most people can even comprehend at this point.  They control everything, including every politician.

In an excellent video by the Epic Economist, the facts are laid out. This is not about politics, the elites own the government (which is a system of slavery in and of itself anyway, another uncomfortable fact people don’t want to hear).  They have a powerful military standing between us and them and that’s how they keep their power. It’s beyond obvious at this point, and yet a good number of people reading this will still fall into a state of cognitive dissonance over the information and reject all critical thinking just to uphold the political party they have decided will be their savior.

One part of the population has not only escaped unscathed from the current crisis but in fact, consolidated even more of their wealth. The global elite. Regardless of political affiliation or personal beliefs, it seems we can all agree that the global elites hold far too much influence over modern society, says the Epic Economist. And still, most Americans are unwilling to free themselves from their own enslavement.

We will not “vote them out” because the Federal Reserve decides the winners of elections, not the public. There is no capitalist, free-market system.  The government is in bed with corporations, which means we live in fascist democracy, and the word democracy is only being used to give the voting sheep an illusion of choice.

“It is not in the nature of politics that the best men should be elected. The best men do not want to govern their fellowmen.” George MacDonald

“We know that no one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end.” –George Orwell
There is nothing to fear once you realize no other human being has and authority or right over you.

“A slave cannot be freed, save he do it himself. Nor can you enslave a free man; the very most you can do is kill him!” ? Robert A. HeinleinDouble Star

The solution everyone keeps asking for is simple. Wake up. Stop living like a panicked slave and obeying orders. Live free, as your creator intended. The elites don’t fear voters or revolutionaries.  They fear those who will reject slavery in all forms. They fear abolitionists.  It’s past time to wake up and realize that the initiation of force, violence, and slavery is immoral. Call it “government” all you want, but it’s still slavery, and it has to go along with the mind control that has lead humanity to willingly accept their subjugation to the elites under the lie of democracy.

 

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Robert Kiyosaki: American Is Headed For Totalitarianism

Author Robert Kiyosaki, who wrote the book Rich Dad, Poor Dad says the United States is headed for totalitarianism and that he wants to flee the country with his gold. American is already fascist, regardless of opinions on the matter.

Fascism is the merger of corporations and the government, while totalitarianism is a complete subservience to the state. We are the crossroads of both, to be honest. And the faithful sheep who serve the state and the banking cartel will dutifully go vote in November for a puppet who has already been chosen by the Federal Reserve to complete the enslavement of mankind.

In an interview with Kitco, Kiyosaki explains that Americans have almost lost every smidge of liberty that their ancestors had. “The freedom of speech is gone. Freedom of speech, freedom of assembly, and also the freedom of religion,” he said.

Kiyosaki has prepared for a time when he would have to leave the U.S., he said, by holding safe-haven assets like gold and silver. “Way back when I started storing gold in Switzerland and in Singapore, so in case I had to run, plus I had different passports. Gold and silver are flight capital, and as you know, the only people making money today in America are moving vans,” he said.

Regardless of the price of gold, whether it’s $1000 or $15,000, Kiyosaki says he will continue to buy more because it’s one way to protect yourself from the central banks. Kiyosaki wants to remind people that he fought for capitalism, not socialism. But the U.S. is becoming Marxist quickly.

He added that bitcoin also qualifies as a safety asset because it’s “international currency; it operates outside the Fed and the Treasury. Kiyosaki says he holds gold because it’s “God’s money” and Bitcoin because its the “people’s money.”  He seems to be attempting to remove himself from the system of enslavement set up by the Federal Reserve.

 

 

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Time is Running Out: Australia Secures a COVID Vaccine Deal With Big Pharma

The Australian government has secured a deal for a COVID-19 vaccine with big pharmaceutical company AstraZeneca. Under the deal, the Australian government would manufacture the vaccine and offer free doses to all citizens.

Time is running out!  The vaccine is coming.

British-based AstraZeneca is developing the vaccine in partnership with Oxford University, with advanced trials now underway with thousands of volunteers across multiple countries. “The Oxford vaccine is one of the most advanced and promising in the world, and under this deal, we have secured early access for every Australian,” said Prime Minister Scott Morrison in a statement released late Tuesday local time. “If this vaccine proves successful we will manufacture and supply vaccines straight away under our own steam and make it free for 25 million Australians.”

The goal is to vaccinate every human being on earth with a coronavirus vaccine, and no one really knows all of what’s in these shots. Apparently, the deal is still in the early stages. Both parties have signed a Letter of Intent. A final formal agreement at a later stage will layout more concrete details like pricing and distribution. However, the Australian government has previously indicated that it will spend billions of dollars on its vaccine strategy.

Plans like these have more than likely been in the world for far longer than we are being led to believe.  The goal has always been to vaccinate, track, trace, and surveil the entire global population turning everyone into tax cattle for the sole purpose of serving the elitists.

Invisible Ink Tattoos Could Be Used By The Elites To Identify Unvaccinated Kids

Under the Trump administration, Operation Warp Speed is kicked into overdrive. The military will be used to vaccinate the public and the Pentagon has partnered with the CDC in order to make this a dystopian reality.

The Pentagon & CDC Will Join Together To Mass Distribute The COVID Vaccine

AstraZeneca released early results of its closely watched Phase 1/2 trial in late July, which suggested that its vaccine candidate was safe and induces an immune response.

The Phase 2/3 trials will now aim to prove whether the vaccine protects people against the novel coronavirus. Results are expected later this year, and will depend on the rate of infection within the trial communities, AstraZeneca said.

The company has already reached agreements with several governments and organizations to produce at least 3 billion doses of the vaccine, with the first deliveries starting as early as September, it said on its website. -CNN

While everyday human beings are impoverished by the edicts of governments, AstraZeneca is raking in billions from those same governments.

Time is running out.

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Greg Mannarino: “It’s A Game. It’s A Charade. It’s Theater.”

Gregory Mannarino, a market analyst hasn’t been mincing words lately.  The political pandering for this year’s election is “a game. It’s a charade. It’s theater,” he says. But, it’s also imperative that we understand this.

The more you understand, the less likely it is that you’ll be duped, and since that’s all politics is, it’s critical to realize that it’s the Wall Street banks (central banks) that choose the president, not us. Once you realize that, everything begins to make sense. As Mannarino says, it’s past time to wake up and stop getting triggered when someone tells the truth about the puppets in the government and the Federal Reserve. It’s time to “understand why things are the way they are,” says Mannarino.

Mannarino predicts that unless Donald Trump throws the Federal Reserve/Wall Street Banks a bone, we’ll see Joe Biden become the president of the United States in November. The banks, who are trying to take over the world, will choose the political puppet who will do their bidding the best.

Greg Mannarino: It’s Critical To Understand That The Goal Is “Full Control By The Federal Reserve”

“It doesn’t matter who sits in the Oval Office, and I don’t give a damn who wins because it’s not the president that’s running the show, it’s the banks!

And the sooner your understand that, whichever aisle you’re in right now, the better off your whole life is going to be, because you have no voice here. Wall Street, the banks, they’re the real masters of the universe.” -Greg Mannarino

I can attest to that as well. Once you refuse to be dragged along by the system rigged against you, you make clear decisions with a free mind.  Knowing is the first part of the battle. Once you wake up to this, the war for your mind is over. Free people cannot be controlled or brainwashed into heading to the ballot box to vote for their new master. You have to take your power back and stop giving it away to politicians in the hopes that they will save you.

“Let me say this real quick again, and understand what I’m talking about here. I know people are gonna get triggered all over the place: I don’t care who wins. It doesn’t matter. It’s not the person who’s sitting in the oval office that dictates policy in any way shape or form. But UNLESS president Trump delivers something BIG to Wall Street, he cannot possibly win here.” -Greg Mannarino

Sadly, we lost this country a long time ago. The banks are running the show and have been for longer than most reading this have been alive. It’s all coming out now. The evidence is there. If you choose to not see it, then that’s on you. Being easily triggered by politics doesn’t change the fact that the central banks are in control. Wakin up to this reality is the only way to change it.

 

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banking cabal Central Banks Corporations corporatocracy Donald Trump Economy elections are selections Fascism Federal Reserve Games Greg Mannarino Headline News Intelwars Joe Biden Masters Oval Office political puppets Politicians rigged system slaves triggering Truth united states government Wall Street Banks

Greg Mannarino: “It’s A Game. It’s A Charade. It’s Theater.”

Gregory Mannarino, a market analyst hasn’t been mincing words lately.  The political pandering for this year’s election is “a game. It’s a charade. It’s theater,” he says. But, it’s also imperative that we understand this.

The more you understand, the less likely it is that you’ll be duped, and since that’s all politics is, it’s critical to realize that it’s the Wall Street banks (central banks) that choose the president, not us. Once you realize that, everything begins to make sense. As Mannarino says, it’s past time to wake up and stop getting triggered when someone tells the truth about the puppets in the government and the Federal Reserve. It’s time to “understand why things are the way they are,” says Mannarino.

Mannarino predicts that unless Donald Trump throws the Federal Reserve/Wall Street Banks a bone, we’ll see Joe Biden become the president of the United States in November. The banks, who are trying to take over the world, will choose the political puppet who will do their bidding the best.

Greg Mannarino: It’s Critical To Understand That The Goal Is “Full Control By The Federal Reserve”

“It doesn’t matter who sits in the Oval Office, and I don’t give a damn who wins because it’s not the president that’s running the show, it’s the banks!

And the sooner your understand that, whichever aisle you’re in right now, the better off your whole life is going to be, because you have no voice here. Wall Street, the banks, they’re the real masters of the universe.” -Greg Mannarino

I can attest to that as well. Once you refuse to be dragged along by the system rigged against you, you make clear decisions with a free mind.  Knowing is the first part of the battle. Once you wake up to this, the war for your mind is over. Free people cannot be controlled or brainwashed into heading to the ballot box to vote for their new master. You have to take your power back and stop giving it away to politicians in the hopes that they will save you.

“Let me say this real quick again, and understand what I’m talking about here. I know people are gonna get triggered all over the place: I don’t care who wins. It doesn’t matter. It’s not the person who’s sitting in the oval office that dictates policy in any way shape or form. But UNLESS president Trump delivers something BIG to Wall Street, he cannot possibly win here.” -Greg Mannarino

Sadly, we lost this country a long time ago. The banks are running the show and have been for longer than most reading this have been alive. It’s all coming out now. The evidence is there. If you choose to not see it, then that’s on you. Being easily triggered by politics doesn’t change the fact that the central banks are in control. Wakin up to this reality is the only way to change it.

 

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More Ugly Details Emerge in Federal Bribery Case with Ohio Utility, Legislators, Lobbyists, Donors, etc.

This article was originally published by B.N. Frank at Activist Post. 

Activist Post has reported about recent legislator-utility bribery scandals in both Ohio and Illinois (see 123). Many don’t realize that similar bad behavior has also been pervasive for the last several years with the introduction, promotion, and installation of utility “Smart” Meters – electric, gas, and water.

Americans and people worldwide have been opposed to these 2-way wireless transmitting “Smart” Meters since they were first deployed. Their problems include fires, explosions, increased bills, and more (see 1234). They also DO NOT save meaningful amounts of energy – as originally promised. Unfortunately, this hasn’t stopped legislators, utility companies, and other ne’er-do-wells from continuing to promote and force their installation on homes and throughout communities.

Only time will tell if some of the same folks being investigated for what’s happening in Ohio used similar tactics for promoting and forcing the installation of First Energy “Smart” Meters in the state.

From the Columbus Dispatch:

Householder case: ‘Company C’ CEO Wayne Boich gave cash to HB 6 ‘dark money’ groups

The leader of a Columbus-based firm that made its family fortune in Ohio coal provided $25,000 of the money used to open bank accounts for the “dark-money” nonprofit at the center of the House Bill 6 scandal, The Dispatch has learned.

Wayne M. Boich, chairman and chief executive officer of Boich Companies, also later gave $100,000 to a for-profit company that spent nearly $1.5 million to support former House Speaker Larry Householder’s Republican candidates in the 2018 general election.

Boich is the CEO of “Company C,” listed in a federal court criminal complaint charging Householder and four others with racketeering, The Dispatch confirmed with a source close to the investigation of those involved with the campaign for HB 6.

Officials of the company have no comment, Boich spokesman Mike Dawson said Tuesday.

The House Bill 6 pay-to-play and bribery case, as described in a federal complaint, involves Akron-based FirstEnergy and affiliates routing nearly $61 million to Generation Now, a dark money nonprofit, to secure passage of the bill and defend it against a referendum repeal effort.

The secret money helped ensure a $1 billion-plus electricity ratepayer bailout of two nuclear power plants then owned by a FirstEnergy subsidiary and helped elect “Team Householder” House candidates to provide the votes needed to make him speaker, according to the charges.

Read full article

More from the Columbus Dispatch:

Householder directs a dirty campaign to save bailout as millions flow:

Activist Post Editor’s Note: This is the final part of four in a series examining the FBI’s criminal complaint against former Ohio House Speaker Larry Householder and four others described as the Householder Enterprise. All five men and the group Generation Now were indicted Thursday on federal racketeering charges. Facts in this series are based on public records, including the charging documents, and past and recent interviews with public officials and other sources.

Former Ohio Republican Party Chairman Matt Borges asked Tyler Fehrman to coffee in September 2019.

The two apparently had become friends when Fehrman worked to help elect a couple of legislative candidates backed by now-former Ohio House Speaker Larry Householder.

But in late 2019, Fehrman was working for the other side: He was the regional manager for the referendum campaign to overturn House Bill 6, known as a bailout for two nuclear power plants owned by a FirstEnergy Corp. subsidiary.

And Borges hoped Fehrman would give him inside information to help the Householder “Enterprise” keep the referendum off the ballot, the FBI says in a criminal affidavit.

In exchange for the information, Borges offered to give Fehrman a substantial sum of money, the affidavit said.

The affidavit doesn’t identify Fehrman by name, but The Blade in Toledo revealed his identity and Fehrman later told The Plain Dealer of Cleveland what happened.

“Never did I ever think that Matt was going to put me in the position that he did,” Fehrman told The Plain Dealer. “One of the first things he told me was, ‘Dude, I don’t have a mortgage anymore. Like, I’m so taken care of. And we could do the same for you.’”

Read full article

Since utility companies have installed tens of millions of “Smart” Meters – it’s likely that you have them installed on your home and throughout your community. Good luck with that.

 

Activist Post reports regularly about “Smart” Meters and other unsafe technology. For more information, visit our archives and the following websites:

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