The European Payments Council (EPC), a subdivision of the European Central Bank, is taking one giant step forward in their quest to eliminate all cash to increase taxes. They have gone ahead and set up the technical bases last week to enable the immediate payments system throughout Europe. One of the stumbling blocks has been the fact you cannot transfer money same day for banks like to play with your money and holding it for a few days. If the payment comes from overseas, the bank will not “clear” the funds usually for six weeks.
“Companies are not going to leave the United States anymore without consequences.” – Donald Trump
The reaction to Trump’s deal to keep 1,100 Carrier jobs in Indiana has ranged from outrage to adoration. There are so many layers to this Shakespearean drama that all points of views have some level of credence. I’m torn between the positive and negative aspects of this deal. If you’ve read Bastiat’s The Law and Hazlitt’s Economics in One Lesson, you understand the fallacies involved when government interferes in the free market. Politicians and their fanboys always concentrate on the seen aspects of government intervention, but purposely ignore the unseen consequences.
Donald Trump has already lost one of his electoral votes, and there are indications that a number of additional electors may be prepared to abandon him. Prior to the election, I warned my readers that we would not officially know who the next president would be until December 19th. On that Monday, the 538 members of the Electoral College will gather in their state capitals in all 50 states to formally elect the next president. Throughout U.S. history electors have voted according to the will of the people more than 99 percent of the time, but in 2016 there is a concerted effort to persuade Republican electors not to vote for Trump. If 37 Republican electors can be convinced to vote for someone other than Trump, that would keep Trump under the 270 vote threshold needed to win and it would throw the election into the House of Representatives. Most people had considered this to be a longshot, but on Monday a Republican elector named Christopher Suprun publicly announced in the New York Times that he will not cast his vote for Donald Trump. On the other side, there are at least 8 Democratic electors that have already publicly pledged to switch their votes from Hillary Clinton to a compromise Republican alternative to Trump.
from Harvey Organ:
JIM SINCLAIR STATES THAT WE HAVE NO CAPITAL MARKETS ANYMORE AND WE WILL HAVE THE 10 YR AT 3.% WHICH WILL BRING HAVOC TO OUR DERIVATIVE PLAYERS AND THE INVESTING PUBLIC AT LARGE
Another raid by our banker friends in gold and silver as they try desperately to keep a lid on the turmoil in the world. Last night, Italy voted “No” to reforms and as promised Renzi quit as PM. Italy has a huge problem with its banks. They have 360 billion euros of non performing loans on their books with little equity left. Most of the ownership of Italian bank bonds are owned by Italians (especially senior citizens and that is their entire wealth tied up with these bonds). If they bail in on the banks, then these guys suffer and that is exactly what Renzi tried to avoid. Now will the ECB bail in and create havoc in Italy..stay tuned
Read More @ Harveyorganblog.com
GoldSilver (w/ Mike Maloney):
A website hosted on the Dark Web claims to be asking for Bitcoin donations and “expert advice” to help fund the assassinations of President-elect Donald Trump and Vice President-elect Mike Pence.
According to CSO, which first uncovered the “murder-for-hire” site, the darknet portal went live last week and calls for assistance to fund an assassination attempt against Trump, and features an image of the president-elect in crosshairs. The website is located on the Dark Web, and can be accessed only using the Tor browser, which masks IP addresses.
“As you are all well aware, the consequences of having Donald Trump and Mike Pence as the leaders of the free world is extremely dangerous,” reads a statement on the “murder-for-hire” website. “The political, environmental and social consequences will change the United States for the worst.”
During the Democratic primary, Bernie Sanders demanded that Hillary Clinton release transcripts of speeches she made to Wall Street’s top banks, including Goldman Sachs.
Her detractors claimed that a Clinton nomination as the democratic presidential candidate would be a win for Wall Street.
While Donald Trump was campaigning he promised to “drain the swamp” in Washington, District of Criminals (DC) – by avoiding placing either lobbyists or Wall Street pros in positions of political power.
Boy, how time flies! Yesterday’s certainties are certainly not today’s realities. Trump’s cabinet appointments are nestled firmly in the conservative wing of the Republican Party.
Somehow the Wicked Witch of the West, Representative Nancy Pelosi (D-CA), was once again determined to be the Democrat leader in the House of Representatives. However, though her party has lost control of the House, the Senate and the White House, she still had the audacity to go on national television and declare that the American people don’t want to change directions from the Marxism that she and Barack Hussein Obama Soetoro Sobarkah have been pushing us for nearly a decade.
Appearing on CBS’ Face the Nation, Pelosi was asked by host John Dickerson, “The Democratic Party is in a moment of questioning about its identity. You were re-elected to lead the Democrats in the House. What do you tell Democrats who want a new direction and then, go to you, what are you going to do differently?”
With Syria gradually coming under the control of the Syrian army, backed as it is by the Russian and Iranian forces, the Western propaganda about Assad and its allies has equally lost its grip. In fact, nothing else could have proved the West wrong about Syria than the simple fact that the Syrian forces, despite suffering from a war fatigue of five years, have held their ground and retaken a lot of territory that they had previously lost to the “rebels” and other terrorist organisations. With Aleppo only inches from falling and with rebels now being cornered in the province of Idlib and a few isolated pockets of territory in Aleppo and Homs Provinces and around the capital, Damascus, the US president Obama’s early warning about Russia and Iran being trapped in Syria has quite convincingly been proven wrong.
In his first ever comment about Russia’s military campaign in Syria, given in October 2015, Obama had clearly said Russia and Iran’s attempt to “to prop up Assad and try to pacify the population is just going to get them stuck in a quagmire and it won’t work,” adding further that “they will be there for a while if they don’t take a different course.”
ohn Pilger Raises a Question: Has There Ever Been a Government More Evil Than Washington?
The Coming War on China by John Pilger
Years ago when I was staff associate, House Defense Appropriations Subcommittee, a tutorial was provided on the destructive power of the Soviet ICBM SS-18, known as Satan. Employing hyperbole, the lecturer said that one SS-18 on Washington would kill everone from Boston to Atlanta.