Wall Street Jews Do A Lockdown
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Wall Street Jews Do A Lockdown
March 27 2020
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Brother Nathanael @ March 27, 2020
Text-Text-Text
Wall Street Jews Do A Lockdown
Two trillion in bailout money is about to be dumped on Americans.
And with the Jewish-owned Fed buying corporate bonds it will add another 4 trillion to the till.
That’s a ‘6 Trillion Payday’ for Jewish Wall Street and its Jewish investment cronies.
“Mazel Tov! The Jews are gonna make some Chanukah gelt!”
Right on cue the Dow jumped 2,000 points, the highest gain in a single day since 1932.
Promising Jewish pennies from heaven—or is it hell—Trump seems to have caved.
For after a conference call with Steve Schwarzman of the Blackstone Group, Dan Loeb of Third Point Capital, and Jeffrey Sprecher of the Intercontinental Exchange, owner of the New York Stock Exchange, a Jewish windfall is about to hit…us all.
Under cover of ‘caring for the goys in New York,’ Schwarzman, Loeb, and Sprecher told Trump that opening America for business by Easter is ‘impossible.’
So instead of starting work by Easter, Trump seems to be fidgeting around. [Clip]
[”Next week when the fifteen day period ends what should we expect then? Are you going to extend it for another week or two–” “Well, we’ll be talking. I’ll be speaking, speaking with Tony. I’ll be speaking with Debra. I’ll be speaking with some of the people they like and respect, that they’re going to bring along with them.” “But no, I would say by Easter we’ll have a recommendation, and maybe before Easter, and at the end of the fifteenth day, or even during the fifteenth day, I think we’ll have some kind of recommendation.”]
Lots of ‘recommendations’ coming to keep ‘The Emergency State’ going.
Especially when corporations don’t have to have to pay their locked-down employees a penny.
And just when they were about to default on their debt along comes corona to keep the bubble from bursting.
Talking about re-generation.
[”So we’re going to be talking, and it could be we’ll could do sections of our country, there’s big sections of our country that are very little affected by what’s taking place. And there are other sections–” “COUGH!” “—”that are very heavily affected, so there’s a big difference.”]
The more ‘jewishee money’ Mnuchin coughs out, the more ‘real money’ Jewish bankers make.
You see, the Jewish-owned Fed—revolving around the Rothschild pivot—steals money into existence…since it doesn’t represent production.
With their fake money they’ll bankroll the ’stimulus’ and pretend it’s all a gift.
Jews are very ‘philanthropic’ you know.
But they’ve already locked you down into your own ‘house prison’ and making you pay for it.
All complete with Steve Mnuchin as your very own personal Jewish warden.
Then once the Jews own the airlines, auto, cargo, tourist, healthcare, food industries, every ounce of commerce, America will be under ‘totalitarian’ Jewish containment.
That’s a lockdown from hell.
Well, you’ll hardly notice at first.
But once the Jews get a return on their fake money on the backs of American workers with real money, you’ll notice it when your dollar won’t buy you a pack of bubble gum.
That $1200 check Mnuchin is sending is not a gift.
It’s an IOU you’ll owe to the Jews until their kingdom comes.
And before it comes there’s a Vaccination Card drawing nigh that will keep you now, and always, under the Jewish boot.
Some get what they deserve.
Pestilence is chastisement from God.
But servitude to Jews is a veritable curse.
–
+bn off the cuff
Look, this stimulus package is not a gift. It’s ownership. Jewish ownership.
And buying more time lets the jew grab everything.
The longer the goy stays home, the longer the debt to the jew grows.
It’s all about being “safe” you know.
But the only “safe” getting stacked is the vault with the big kosher stamp.
Pilots can guarantee you total safety, I mean as long as they don’t fly.
The FAA wouldn’t let a single plane off the ground for “safety’s sake” unless people buy tickets.
You see, Christopher Columbus should’ve stayed home.
You know, his boat could’ve sank or brought back germs.
Flying is a risk. Driving is a risk. Living is a risk. Having babies is a risk.
So let’s all stop having babies since they all could die someday.
But thanks to Jewish greed Jews want the goys to live.
How else can they make money unless the goyim do the actual work?
Jews are essentially parasites.
That’s why they won’t return to “zion” since they can bleed money off the goys by loaning to them their ’stolen money.’
“Give me control of a nation’s money and I care not who makes its laws,” said Meyer Amschel Rothschild.
But loaning fake money to the goys and making them pay it back on the sweat of their face is the greatest scam in the history of man.
We haven’t come to the end of history just yet.
We still have a chance to hold history back a little bit.
Jews have been kicked out of 109 countries.
110 is our lucky number!
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Always great reporting Br. Nate.
Did my grocery shopping today. No Fear!
Big gov control IS the disease, freedom the cure.
The people should be able to make there own money by trading there own services.
Outlaw the private bank note. Bring back the Silver-backed Dollar JFK introduced.
I did my grocery shopping last night, Br. Nate .
I also took a leisurely walk alongside Wylde Lake in Columbia, MD, and I plan to walk around it again. I saw some huge-size Canada geese eating grass during my walk.
Our Governor Larry Hogan didn’t tell us to stay indoors.
Thank the Lord he’s not at all like Governor Cuomo up in New York, or Governor Moonbeam out in California.
He’s very popular here; has road workers doing their jobs of fixing the roads.
BTW, he’s a Republican who’s done a lot for Maryland, and that’s why he’s so popular.
I’m happy I got to donate to your Foundation. May the Lord Jesus bless you always as you continue your work.
Eileen
Dear Bro Nat, excellent job! May I suggest this article
https://www.johnkaminski.org/index.php/john-kaminski-american-writer-and-critic-2/244-daymare-infection-of-the-herd
Kick out the jews!
Im going to post link to a pretty recent post with Andrew Carrington Hitchcock and Dr. Lorraine Day.
As I’ve said years back, imho, this is what i believe the true goal has been, 1917 Russia ,and it seems Dr Day is only confirming it.
Warning. This might not be for the faint of heart, but maybe it will get a elevated sense of urgency for the public.
If everyone heard this, things would be much different.
At very least might be time to have a serious chat with anyone that has someone that you know that belongs in that group that were told to thank everyday. For our freedom? ;);)
http://grizzom.blogspot.com/2020/03/the-andrew-carrington-hitchcock-show_27.html
Great video.
I think the Jews are beaming rays at my head again. It’s satellites. Making me feel like I should befriend all of them, but I don’t know why.
Then other instances, I feel irritable all the time. Can’t sleep anymore, and I feel like a stranger in my own mind.
What are they doing to me?
Thanks for another great insight into Zionist world rule.
The national debt now stands at 23 Trillion dollars, or there about.
What if the Jewish bankers decided to call in the debt? What if we didn’t pay? What could they do? Since, ‘all power comes from the barrel of a gun’ and we hold the guns, then what?
How could we ever pay that debt even if we wanted to?
We need to get rid of the Federal Reserve banking scam, as President Jackson did. Maybe Christ will return sooner than later and then all of this will be folly.
@All
Well, I didn’t sign any papers for a loan from the gov’t bankers, so I don’t owe anything.
God bless you, dear +BN.
Thank you for a stunning and succinct Video pointing out that this panic-demic bailout arrives just in time to rescue Wall Street from their about to burst giant commercial debt bubble.
You had me on the floor with the little blue hexagrams bubbling out of the Wall Street grand poobah-rabbi Steven Mnuchin when he coughed.
Other footage of him standing next to Trump in the Oval Office appears to me that he can barely keep from breaking out into a grin.
Trump just signed the Coronavirus Economic Relief Bill saying, “$6.2 trillion. I never signed anything with a T on it.”
https://twitter.com/i/status/1243714516883574794
Mnuchin looks like a proud papa beaming at his just delivered newborn baby while Trump signed the bill.
And then I came across this tidbit of a press release from Citizens for Responsibility and Ethics in Washington (CREW) stating they’d written a letter to the White House with major concerns about Jared Kushner’s Covid-19 shadow task force which is operating adjacent to the official task force headed by VP Pence.
Whatcha doin’ there, Jared? Who is really in charge?
~~*~~~
FOR IMMEDIATE RELEASE
March 20, 2020
CONTACT: Jordan Libowitz
202-408-5565 | jlibowitz@citizensforethics.org
KUSHNER’S SHADOW TASK FORCE APPEARS TO VIOLATE MULTIPLE LAWS
Washington—Jared Kushner’s shadow coronavirus task force appears to be violating both the Presidential Records Act (PRA) and Federal Advisory Committee Act (FACA) by using private email accounts with no assurance their communications are being preserved and by meeting in secret, according to a letter sent today by Citizens for Responsibility and Ethics in Washington (CREW).
The failure of the White House to comply with any of the PRA and FACA requirements leaves the public in the dark about the work the shadow task force has done and the influence of private industries on the administration’s response to the coronavirus pandemic.
Kushner’s task force, composed of a team of allies from within the government and representatives from private industries, has operated adjacent to the official government task force spearheaded by Vice President Pence.
With confusion over the shadow task force’s role and who its members are, and reports that the members of the shadow task force communicate using private email accounts, CREW has reason to believe the White House is not creating and maintaining accurate and complete records of the shadow task force’s activities as required by the PRA.
“If there was ever a time we need records and transparency, this is it. As the seriousness of this pandemic continues to grow, the public needs to understand who in the White House is making policy decisions, who from private industry is influencing those decisions, and how decisions to address this pandemic are being made,” said CREW Executive Director Noah Bookbinder.
“After this crisis has passed, we will need to be able to look back at how this administration responded to the situation and have the full picture of what was going on behind closed doors in order to understand what we could do better in the future.”
The PRA requires the president and his staff to document, preserve and maintain records of “the activities, deliberations, decisions, and policies that reflect the performance of the President’s constitutional, statutory, or other official or ceremonial duties.” With Kushner at the head, the shadow task force’s development and implementation of federal strategies to address the coronavirus pandemic fall within these requirements.
The shadow task force also appears to fall under FACA provisions, which are triggered whenever a committee within the Executive Office of the President is advising the president and is not “composed wholly of full-time, or permanent part-time, officers or employees of the Federal Government.”
The FACA prohibits such committees from being “inappropriately influenced by the appointing authority or by any special interest.” Contrary to the FACA’s requirements, the shadow task force is operating in secret, with neither the members of Kushner’s committee nor their interests fully disclosed to the public.
Understanding and preserving the committee’s actions and conversations will be key in understanding how the administration ultimately decided to approach its COVID-19 response efforts.
“As the American people turn to their elected officials for guidance on how to respond to the crisis at hand, they need to know that their leaders are acting transparently and in accordance with the law,” said Bookbinder. “There is no excuse for hiding information from the public that affects their lives in an extraordinary time.”
Click here to view the letter.
https://s3.amazonaws.com/storage.citizensforethics.org/wp-content/uploads/2020/03/27135425/2020-3-27-WH-Counsel-letter-PRA-FACA.pdf
https://www.citizensforethics.org/press-release/kushners-shadow-task-force-violate-multiple-laws/
Another great video, great insight from Bro. Nat.
These Zionists own almost everything, but they don’t own our inner being, our soul my good friends belongs to God.
They want it all, they want your very life force, your obedience and servitude.
God forbid we give in to their wishes, let us fight the good fight my brothers and sisters in Christ.
God bless you all and give us strength in these dark last days. +
Will Jared Kushner’s Real Estate Empire Give Renters a Break? He’s Not Saying.
Trump’s “Slumlord Millionaire” son-in-law has a massive coronavirus conflict of interest.
Mother Jones
As the economy is sputtering under the weight of the coronavirus’ shutdown, the Trump administration has pushed for direct cash assistance for Americans to prevent them from being thrown out of their homes.
Some cities and the Housing and Urban Development Department have announced moratoriums on evictions. But meanwhile, a very large landlord who happens to have the president’s ear is conspicuously quiet.
Jared Kushner, the president’s son-in-law, is Trump’s go-to man for everything from Middle East peace to the opioid crisis, and, lately, coronavirus response. But he also owns a sizeable chunk of a company that boasts of owning more than 23,000 apartments across five states.
Kushner’s residential real estate empire has come under intense scrutiny over the years, with rent-controlled tenants in New York City accusing his companies of systematic harassment in order to push them out, and complaints from low-income Maryland renters about his management companies using dubious methods to rack up fees and pursue them in court, sometimes years after the fact.
That tactic has been documented in depth by ProPublica’s Alec MacGillis and others; Kushner’s broader history as a landlord was explored in a recently-released installment of Netflix’s “Dirty Money” docuseries titled “Slumlord Millionaire,” in which he’s described as a “tier-one predator.”
The White House did not respond to questions about Kushner’s role in shaping Trump administration policies on coronavirus related mortgage and rent relief programs.
The Kushner company did not respond to several requests for comment about how it planned to address financially struggling renters during the coronavirus crisis.
In February 2017 the White House told the Baltimore Sun that Kushner would recuse himself from any policy discussions related to federal rental assistance.
While Kushner and his family have sold many of the apartments they’ve owned over the last decade or so, at one time his father, Charlie, was one of the largest landlords in New Jersey, having “amassed about 25,000 middle-and-working-class apartments,” according to a 2017 Bloomberg article.
That same year, MacGillis reported that even as Kushner had stepped down as the chief executive of Kushner Companies in January 2017, he remained a major stakeholder in the company.
At the time, the Sun reported that at least three of the Kushner Company’s Baltimore-area apartment complexes are “HUD-assisted,” meaning the federal housing agency pays a portion of the rent of qualified tenants.
In 2019, the Sun obtained data showing that three of the company’s Maryland complexes had received $6.1 million in federal rent subsidies in the last four years.
The paper also reported that between 2013 and 2017, the company and its affiliates had filed at least 1,250 legal actions, leading to $5.4 million in awarded judgments against tenants who owed an average of $4,400 after original debts, court fees, lawyers’ fees and interest.
In nearly all such cases, judges approved garnishment of tenants’ wages and property, the paper reported. Those Maryland properties reportedly generate $90 million in revenue annually.
In October 2019 Maryland Attorney General Brian Frosh sued one of Kushner’s companies, alleging it and past owners of complexes it had owned failed to address rodent and vermin infestations and mold growth, while forcing tenants and apartment applicants to pay illegitimate and excess fees.
https://www.motherjones.com/coronavirus-updates/2020/03/kushner-apartments-coronavirus/
Hey, Mother Jones, I dare you to style Jared Kushner as “Jewish Slumlord Millionaire”.
Oh wait, that’s much too stereotypical and an anti-Semitic canard. Everyone knows there’s no such thing as a “Jewish slumlord”. Right?
New York Post: Slain slumlord found in trash has enemies list a mile long
“Who DIDN’T want him dead? The body of Menachem “Max” Stark was discovered smoldering in the trash Friday after he was thrown into this van and kidnapped off a Williamsburg street (left).”
https://nypost.com/2014/01/05/slain-slumlord-found-in-trash-had-enemies-list-a-mile-long/
~~~*~~~
Letter to the Editor of The Jewish Week:
Shun Slumlords
By MARSHA HABER
May 3, 2017
Your Editorial, “Running An Anti-Semitic Race in NYC” (April 28), went after the wrong culprit, though you properly condemned Thomas Lopez-Pierre.
The real culprit here is the Jewish establishment, including the shuls and the rabbis.
The Editorial noted: “Unfortunately, there have been high-profile cases of observant Jewish slumlords …”
The Orthodox community sometimes shuns a man who refuses to give his agunah wife a get, or religious divorce.
The same shunning should exist for those high-profile Jewish slumlords.
Before you blame the Democratic Party, the shuls should turn away those slumlords from their congregations. The Jewish Week and the other members of the Jewish press and media need to do the same.
Holliswood, Queens
https://jewishweek.timesofisrael.com/shun-slumlords/
~~~*~~~
Yep, Mother Jones, you are right. It is just a ridiculous, unwarranted stereotypical old anti-Semitic canard calling Jared the “Jewish Slumlord Millionaire”.
I wonder how much Kushner the “Slumlord Millionaire” (your words, Mother, not mine) is going to skim off of Mnuchin and his father-in-law’s Coronavirus Economic Relief Bill appropriations?
$23,000,000,000,000,000,000 is our national deficit. 23 Million Billion dollars = 23 Trillion.
When put into this context, where you can see this amount it really puts a different spin on just how screwed we are.
And the jews are laughing their sick asses off all the way to their FDIC bank.
Latest count, expelled 476 times since 733 B.C.
https://eldiariodeadolf.com/en/expelled
Does anyone remember how the Rothschild’s made their money?
Simply that an agent rides in ahead of the official report and told the London investment firms that Wellington had lost the battle of Waterloo, this set off a panic in which the Rothschild’s bought stocks pennies on the dollar and excellently became the Bank of England
A 23 trillion national debt is now turning into a 30 trillion national debt. That’s $320,000 for a family of four.
Every baby born in the U.S. is born owing 80,000 dollars. Of course, half the country doesn’t pay federal income taxes, so the people who do pay them have to cover for the people who don’t.
Will this debt ever be paid off? Only with dollars that are worth a small fraction of what they’re worth now.
Get ready for prices to skyrocket.
It’ll probably be 23,000,000,000,000,000,000 some day.
It’s actually 24,000,000,000,000 + the 6 trillion just added to punch out the virus=$30,000,000,000,000 on your tab to the Jews’ central bank + interest.
@Odd Duck, but this is a little different.
With a jew boot on our neck we can’t work, or even go to the park to exercise for that matter nowadays.
This will force people to sell off their stock and tank the stock market. The only way we win this one is to remain calm.
Their lies will slowly be revealed in another few weeks.
That whopping $1,200.00 will take peoples minds off of them for awhile, but it’s really about money laundering when you think of it.
They are going to charge $$$ on interest rates for that “loan” by the jew run Fed Res Bank!
By people accepting that check you are validating that money printed out of thin air. Giving it value where it had none before.
You are complying & accepting their evil ways. For most, it’s a matter of survival and they have no choice. My SOP has always been whenever money is given, take it, but this one just stinks to high jewry!
@The Odd Duck
Henry IV, Part II, Prologue:
[Enter RUMOUR, painted full of tongues]
Rumour: Open your ears; for which of you will stop
The vent of hearing when loud Rumour speaks?
From Rumour’s tongues
They bring smooth comforts false, worse than true wrongs.
https://www.opensourceshakespeare.org/views/plays/play_view.php?WorkID=henry4p2&Act=0&Scene=1&Scope=scene
Has it gotten Orwellian enough yet, folks, for ya’ll to see
Something mighty strange afoot, threatening you and me?
I knew it’d be soon, my mind has been prepped for this day;
I watch in shear amazement our liberties stripped and frayed.
My life is in Your hands, Lord. I rejoice in this hour in time,
As I behold Heaven on the move…Rhythm greeting rhyme.
Has social distancing rocked your senses? Opened your eyes?
Its true calling, long planned, being now stripped of disguise.
Denying people the right of choosing together to assemble
Does not its dark countenance of communism resemble?
My life is in Your hands, Lord, ever thankful will I remain,
As You winnow out the harvest and You stake Your claim.
Have you noticed satan’s sweaty brow, his cards revealed,
As the called ones awaken to all that was once concealed?
It’s right before our eyes! Lord, please let the blind ones see!
Together, under Christ’s Banner, we’re about to be made free!
Our lives are in Your hands, Lord. We can rest in the knowing
That soon, and very soon, Winds of Release will be blowing!
Al Jazeera, PressTV Iran, and RT are all reporting the same COVID lies and propaganda as CNN, Foxjews, MSNBC, and the rest of the jews-media. Global COVID, global warming, and other “global issues” are portrayed the same in the East as in the West, unlike nearly all other mass media news.
The only substantial difference between the jews-media in the “west” and in the “east” is which nations are portrayed as the bad guys. Jews media outlets in the east portray western nations as the bad guys. Jews media outlets in the west portray the nations of the east as the bad guys.
In the USA and western Europe the bad guys are portrayed in the jews-media as Iran, North Korea, China, Russia, Syria, et al. In eastern nations such as China, Russia, Iran, etc, the bad guys are portrayed in mass media as the USA and western Europe.
Jews use their mass media outlets to incite the peoples of the east and west against each other. It’s only with global issues like COVID, which bankster Jews use as stepping stones to a global government, that the jews-media in the east sings the same songs as the jews-media in the west.
Just as media outlets in the west portray Russia, Iran, China, as the bad guys, media outlets in the east portray the USA and other formerly Christian nations in the west as the bad guys.
This Jewish divide and conquer strategy seems to explain how the once mighty Roman Empire was split into the east and west and subsequently broken down into smaller and smaller pieces.
In similar fashion, the Catholic church was also split into an east half and a west half. Subsequently, the Catholic church had lots of pieces broken away from it such as Lutheran, Baptist, and many other Protestant pieces.
The devil and his children have broken the Roman Empire and the Catholic church into hundreds of little pieces. Satan is now re-molding the broken pieces into a global government run by his children, a Jew World Order.
@The Odd Duck
Years ago I was the one who originally put the Waterloo story about Nathan Rothschild into Wikipedia. It was soon reverted. I put it back. The third or fourth time it was finally allowed to remain – but with claims of “anti-Semitism” appended, and many extravagant elaborations, which still stand.
One of the moderators obliquely threatened, “We know what city you live in.”
I also inserted the “description” of him leaning against the “Rothschild pillar” at the London stock exchange. For some reason that part has been left entirely unmolested. I assume that’s because it emphasizes the mysterious, Talmudic nature of his cunning.
You said it, Brother N, like few other do.
The reporters and commentators on TV are too afraid to tell the truth.
Where are the Trillions coming from? Thin air?
One conservative reporter said on TV there will print all that money. LOL!
@All
One simple but effective measure we can use to counter the panic is by asking people we interact with, “Do you know ANYONE who has it?”
You’ll be struck by how many say, “No.” I then add, “Me neither.”
That get’s people thinking.
AP
A cat in Belgian has tested positive for the coronavirus after catching the potentially deadly bug from an infected owner, officials said Friday.
The sick pet in Liège tested positive after showing classic symptoms of COVID-19 — including difficulty breathing — a week after its owner first fell sick, health officials told a press conference, the Brussels Times reports.
While it is the first known infection of a cat, two dogs in Hong Kong have previously tested positive — with the first, a 17-year-old Pomeranian, dying after returning home from quarantine.
“The cat had diarrhea, kept vomiting and had breathing difficulties. The researchers found the virus in the cat’s feces,” professor Steven Van Gucht said Friday, according to the outlet.
Brother Nathanael is on to something.
He really did his homework this time, coupled with being a life-long observer raised in Jewish culture, and a veritable PhD in the mentality and behaviors of what some early Church Fathers called “Jewish fleshiness”.
I found this published by anti-monopolist economist Matt Stoller, written in a last ditch effort opposing the bailout bill for the rich and Wall Street as it was shuttled to the House for approval after being passed by the Senate.
The bailout bill has since been signed by Trump, so that effort to block it is history, but the rest of it is still highly relevant, particularly since the panic-demic crisis is extremely ripe for Wall Street Vulture Capitalism sucking up distressed small and medium sized businesses teetering on the edge of the bankruptcy cliff because of the economic shut down.
Stoller, an expert in Crony Vulture Capitalism’s corporate behavior is the only one that I’ve found who has puzzled this all out and published it March 25 on his blog.
~~~*~~~
Stop the $6 Trillion Coronavirus Corporate Coup!
Hi,
Welcome to BIG, a newsletter about the politics of monopoly. If you’d like to sign up, you can do so here. Or just read on…
On Saturday I sent out a note on the awful no good bailout bill in negotiations. I asked you to forward my newsletter, repost it, and make some noise. You did and we managed to delay the bill’s passage. Today I’m going to write about where we are now.
Since Saturday, I’ve seen an emerging right-left argument about what we need to do to address the pandemic.
The American Economic Liberties Project (my org) put out a statement against the bill, AFL-CIO official Damon Silvers, who oversaw the 2008 bailout, put out an article against the bill, as did dozens of economics and finance professors.
Congresswoman Alexandria Ocasio-Cortez warned of the risks of a bill tilted to big business, as did libertarian member Justin Amash. John Cassidy wrote in the New Yorker how to do a bailout without corruption. And Georgetown law professor Adam Levitin pointed out that the bill is “robbing taxpayers to bail out the rich.”
But then these two Senators, Chuck Schumer and Mitch McConnell, cut a deal last night. And from what I can tell, it’s really really bad, and much of the bad stuff is not being included in the sleazy marketing materials from Schumer and McConnell, or in the reporting about the bill. There’s a reason for that. Sunlight would kill this thing.
That means there is a narrow way to stop it.
What Is In This Bill?
Congress is going to pass a bill with a lot of important stuff for workers, hospitals, cities and small business, and to address the pandemic. That’s inevitable. And the bill on the table includes some of this.
The question though is what else the bill includes, and that’s where we get into trouble. Because while we have to deal with the pandemic and crisis, we do not have to fundamentally eliminate the economic rights of all of us in the process.
Now, first I should say I don’t have the final deal in hand because it’s not public.
I have only seen versions of the negotiating text. But I’m fairly sure most of these provisions haven’t changed, because the final sticking points were over various direct pandemic spending pieces. If I get that wrong, I’ll tell you in an update.
On Saturday, I went over the Christmas wish list of corporate lobbyists in this process, everything from Adidas letting people deduct gym costs to candymakers seeking a $500 million loan to Jeff Bezos and Elon Musk seeking $5B in loans for their space corporations.
Of course what Wall Street sought, and got, dwarfed all of these requests.
Here’s how you can tell. A lot of reporters have been talking about how this is a $2 trillion deal, with a bunch of spending for hospitals and whatnot.
But last night White House advisor Larry Kudlow announced it is actually a $6 trillion deal. And business reporter Charlie Gasparino said he’s hearing chatter that the total will be $10 trillion! Say what?!?
How does this work? How can Wall Street have one impression of the amount of money, and everyone else have a different impression?
Easy. Confusion, lying and bad reporting.
If important people don’t talk about the boring sounding big stuff, then us non-important people sound crazy or nerdy mentioning it.
It’s a giant game of social climbing, and the goal is to make all of us afraid to point out what’s going on. (Incidentally I hope Rep. Brad Sherman, who is an accountant and a key anti-bailout leader, really delves into this.)
So let’s talk about the big stuff that McConnell, Schumer and Pelosi are hiding.
The bill establishes a series of boring-sounding slush funds, and these will be given strange alphabet soup names by the Federal Reserve and Treasury, names like ‘special purpose vehicle’ and ‘ABS’ and ‘TALF’ and FDIC bank guarantees.
That’s where the real money is. Here are some of these slush funds, starting with the ones that are more understandable:
$50 billion in loans and loan guarantees to airlines
$8 billion in loans and loan guarantees to air cargo carriers
$17 billion in loans and loan guarantees to “businesses critical to national security”
A $425 billion fund for loans and investments to be used at the discretion of the Secretary of the Treasury, Steve Mnuchin. He can use it to loan money, buy stock, buy bonds, whatever.
Obviously helping certain enterprises is important, so I’m not opposed to industry aid. But the terms and conditions matter, and based on what I’m seeing, I don’t believe there will be meaningful restrictions on this aid.
Executives and financiers are going to profit off of taxpayer money.
So that’s the stuff that’s been reported. Here’s what hasn’t, and why the bill goes up in value to $6-10 trillion.
An additional $4 trillion from the Federal Reserve in lending power to be lent to big corporations and banks.
Authorization to bail out money market funds, multi-trillion dollar unregulated bank-like deposits for the superrich.
Authorization for the the government through the Federal Deposit Insurance Corporation to guarantee trillions of dollars of risky bank debt.
There’s more. This is a long bill, but to give you one simple data point, here’s what happened to Citibank’s bonds over the last few days.
That big spike shows the bonds getting much riskier, and the collapse shows the result of Wall Street being convinced this bill will pass and the bonds will be guaranteed by the government.
Hedge fund guys knew this move would happen, and speculated around this move before it did. Front-running the Fed for easy profits wasn’t even hidden; David Tepper, among other money managers, was on CNBC talking about how he’s investing in bank debt.
While there isn’t a direct statement ‘we are handing a gift out to XYZ,’ legislative graft doesn’t work that way.
The bill is authorization to restructure the economy according to the preferences of a very small group of people. Or to make it simpler, here’s what happened to Boeing’s stock price yesterday.
Now again, Boeing is an important enterprise, and we should save it. (Here’s a plan to do just that, and if you are interested, a web event tomorrow to discuss how to do so.) But saving Boeing is different from saving Boeing’s shareholders and CEO. Guess which one this bill does?
The marketing pitch from Chuck Schumer on why a Wall Street bailout isn’t that bad is there’s disclosure, some oversight, and reporting requirements. Aside from the fact that none of this worked in the first set of bailouts, this stuff probably only applies to one slush fund in the bill.
More to the point, financiers are already stealing, as I showed with the Citibank bond spreads.
It’s hard to convey just how ugly this program is, already the Federal Reserve hired the largest asset manager in the world to run its multi-trillion dollar bailout.
The bailout is already privatized with a conflicted operator, before it has even started!
And remember, this bailout isn’t necessary. Hospitals need money, patients need ventilators, and people need to pay rent, but Wall Street is going to be fine regardless.
Temporary Distressed Positions
Numbers like $6 trillion or even $10 trillion of government-backed credit to Wall Street are so large they don’t mean anything.
Fortunately, a major law major firm with a big mergers and acquisitions practice put it into context for us, with a memo to clients about how to prepare for this moment.
https://cooleyma.com/2020/03/17/navigating-today-public-company-hot-spots-and-ma-negotiations-with-the-impact-of-covid-19/
“As stock prices decrease in response to market uncertainty, directors of public companies should be prepared to respond to increasing levels of shareholder activism and unsolicited takeover offers, as opportunistic parties with strong balance sheets look to take advantage of companies in temporary distressed positions.”
In other words, millions of small and medium sized businesses are going to have no access to cash and revenue freezes, because of the pandemic and economic restrictions.
And while there are provisions in the bill to get these businesses money, the reality is that neither our government nor our banks have the operational competence to write and direct checks quickly enough to avoid distress.
Much of the cash out the door provisions for small businesses will actually be stolen by the payday lender-style ‘fintech’ operators authorized in the bill to make loans, a provision stuck in there by Senator Mark Warner.
The cash freeze to small business is already causing a crisis. FTC Commissioner Rohit Chopra made these points on Tucker Carlson last night.
First, he noted, small business loan sharks are “crippling cash-strapped companies” with onerous contracts.
Second, powerful corporations are using their position to cut off small businesses from supply chains.
And third, corporate raiders are planning to buy up these businesses cheap. “Corporate raiders and PE firms are already sharpening their knives,” said one Goldman Sachs associate.
And that’s where this legislation comes in. Wall Street, with this bill, will now have $4-6T of government guaranteed low cost credit to go shopping for businesses in trouble.
We could see the mother of all roll-ups, as small and medium sized businesses desperately try to get whatever they can from deep-pocketed private equity investors and monopolists.
If that happens, America could look like a very different country after this pandemic is over.
Moving Forward
Nothing is inevitable. This bill can be stopped, for a weird procedural reason.
…
https://mattstoller.substack.com/
Needless to say, the bill went through, and Trump signed it, with Mnuchin proudly looking on, puffing out his concave chest as much as he could pleased with what a good economic midwife is he. -Kj
@All
Trump is sure Making America Great Again (MAGA)
@Global
The Catholic Church broke up for two reason:
Martin Luther disagreed with the policy of selling forgiveness (see 95 thesis) and, Henry VIII wanted a divorce (see history of Anglican Church).
In 1492 Catholic Spain did expel Jews under Ferdinand and Isabella due to their role in the Muslim occupation, but later the Catholic Church began working with Jews.
Today Catholics seem to be working with Jews as the Gov of Florida (DeSanta a Catholic) took his whole staff to Israel and thereafter passed hate crime laws in violation of the First Amendment.
COMPASSION: Orthodox Christian Monasteries to Receive Coronavirus Patients
Russian Faith:
“with the spread of coronavirus infection, in which medical institutions will not be able to hospitalize all those infected, the monasteries . . . should be ready to receive as many patients as possible”
Metropolitan Onufry – Ukrainian Orthodox Church-Moscow Patriarchate
Earlier this week, His Beatitude Metropolitan Onuphry of Kiev and All Ukraine, the primate of the Ukrainian Orthodox Church, called upon every diocese of the UOC to actively participate in measures to help counteract the spread of the coronavirus, providing material assistance to the medical institutions in their respective areas.
Now he is calling upon all the Church’s monasteries to participate as well. In a circular sent to all diocesan hierarchs yesterday, March 25, His Beatitude blessed all monasteries of the UOC to prepare their premises for the possible reception of coronavirus patients, reports the Information-Education Department of the Ukrainian Church.
“In the event of a critical deterioration of the situation with the spread of coronavirus infection, in which medical institutions will not be able to hospitalize all those infected, the monasteries of the Ukrainian Orthodox Church should be ready to receive as many patients as possible,” the statement reads.
Additionally, with the blessing of Met. Onuphry, petitions for medical workers will also be added to the Litany of Fervent Supplication at the Divine Liturgy in UOC churches and monasteries during the quarantine.
https://russian-faith.com/metropolitan-onuphry-calls-upon-all-uoc-monasteries-prepare-receive-coronavirus-patients-n2972
The Russian Faith site is run by two Orthodox priests, one American and one Brazilian, living with their families in Russia.
Newest outrage from @lhfang investigative reporter for the Intercept:
Lobbyists for debt collectors argue they need to be allowed to continue filing lawsuits and garnishing wages during the pandemic, arguing it’s for the good of consumers, and citing the debt collection industry’s “ethnically diverse” workforce that is 70% women.
And, at the same time, While debt collector sharks lobby to maintain business operations, representatives of firms that issue credit card, car loans, and online consumer loans, are lobbying for access to bailout money, too.
DEBT COLLECTION INDUSTRY DEEMS ITSELF ESSENTIAL TO “FINANCIAL HEALTH” OF CONSUMERS, FIGHTS COVID-19 SHUTDOWN
The Intercept
https://theintercept.com/2020/03/27/debt-collection-industry-deems-itself-essential-to-financial-health-of-consumers-fights-covid-shutdown/
~~~*~~~
How Much Is $2.3 Trillion? More Than Even Obama Could Imagine
The CARES Act plunges the nation into a crash course on experimental economics.—and we’re the lab rats.
MATT WELCH | 3.27.2020
Reason.com
https://reason.com/2020/03/27/how-much-is-2-3-trillion-more-than-even-obama-could-imagine/
Okay, just watched 27 min this Jason Goodman YouTube (he’s out there fact-checking the LYING MSM):
Ghost Town NYC – Are New York Times Lies Fueling Pandemic Panic with #FakeNews?
[https://www.youtube.com/watch?v=pqS-mconfQc]
I took notes posted here
https://www.sott.net/article/431305-12-Experts-Question-The-Need-For-a-Global-Coronavirus-Lockdown#comment300136
Key take away, they are claiming medical crisis, yet nothing is going on, lots of ambulance parked doing nothing, no sirens, no ambulances racing in, etc.
Jason’s video was a follow up of NYT story with Dr. Colleen Smith claiming apocalyptic conditions at Elmhurst Hospital.
Dr. Colleen Smith took video tape of ICU and ER (that is illegal, HIPAA, she should lose her license for that, other doctors shocked by that).
That’s been my question all along” how is the MSM getting all of these videos and photos of alleged corona patients? Isn’t that a violation of their privacy and HIPAA? If you were really sick, would you want to be filmed for the world?
Apparently, Dr. Colleen Smith is a self-proclaimed medical simulations specialist (medical fakery?) so Jason asks was she doing a medical simulation? Was she acting when she said Elmhurst was running out of ventilators, which was contradicted by Head of NYC Public Hospitals.
And check out another Jason Goodman video at 20:29 here and see the disconnect between what the lying whores on the MSM are saying and what’s really happening on the ground (Jason’s YouTube shows a bunch of ambulances parked and doing nothing.)
https://www.winterwatch.net/2020/03/after-being-over-target-on-covid-19-black-swan-prediction-its-time-to-consider-whats-next/
Love your posts.
Only someone who knows these folks like you can really lay it down like this and is much appreciated by we timid goy.
We are indeed shmucks. But your statement at the end that they need the goy to do the work is antiquated.
Robots and machine learning with machine mind interface and interaction is coming soon from what I read.
They intend to kill most of us. We are of no use to the satanic creeps.
Yes, I know it’s an opinion piece originally published on Bloomberg.
However, it clearly lays out more of what Trump and Mnuchin and his buddies have hatched for Jewish Wall Street in the way of completely fusing the US Treasury and the Federal Reserve Bank.
And whether “the Fed is giving the Treasury access to its printing press” or Treasury was just privatized by the Fed in this public-private financial and economic marriage from a Jewish hell, the point is moot.
It’s like standing on opposite sides of the same rock, and arguing whose viewpoint is the correct one. In meantime, Jewish Wall Street, the Mega-Corporations and the ultra-elite 1% are happy, happy, happy, already sucking up distressed small and medium businesses.
~~~*~~~
The Fed’s Cure Risks Being Worse Than the Disease
Jim Bianco
BloombergMarch 27, 2020
Bloomberg Opinion) — The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook.
That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward.
At this rate, the Fed will own two-thirds of the Treasury market in a year.
But it’s the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) – buying commercial paper from the issuer.
PMCCF (Primary Market Corporate Credit Facility) – buying corporate bonds from the issuer.
TALF (Term Asset-Backed Securities Loan Facility) – funding backstop for asset-backed securities.
SMCCF (Secondary Market Corporate Credit Facility) – buying corporate bonds and bond ETFs in the secondary market.
MSBLP (Main Street Business Lending Program) – Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee.
This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations.
The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position.
What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing.
The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
In 2008 when something similar was done, it was on a smaller scale. Since few understood it, the Bush and Obama administrations ceded total control of those acronym programs to then-Fed Chairman Ben Bernanke.
He unwound them at the first available opportunity. But now, 12 years later, we have a much better understanding of how they work.
And we have a president who has made it very clear how displeased he is that central bankers haven’t used their considerable power to force the Dow Jones Industrial Average at least 10,000 points higher, something he has complained about many times before the pandemic hit.
When the Fed was rightly alarmed by the current dysfunction in the fixed-income markets, they felt they needed to act.
This was the correct thought. But, to get the authority to stabilize these “private” markets, central bankers needed the Treasury to agree to nationalize (own) them so they could provide the funds to do it.
In effect, the Fed is giving the Treasury access to its printing press. This means that, in the extreme, the administration would be free to use its control, not the Fed’s control, of these SPVs to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election.
Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.
If these acronym programs were abused as I describe, they might indeed force markets higher than valuation warrants. But it would come with a heavy price.
Investors would be deprived of the necessary market signals that freely traded capital markets offer to aid in the efficient allocation of capital.
Malinvestment would be rampant. It also could force private sector players to leave as the government’s heavy hand makes operating in “controlled” markets uneconomic.
This has already occurred in the U.S. federal funds market and the government bond market in Japan.
Fed Chair Jerome Powell needs to tread carefully indeed to ensure his cure isn’t worse than the disease.
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Jim Bianco is the President and founder of Bianco Research, a provider of data-driven insights into the global economy and financial markets. He may have a stake in the areas he writes about.
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052347.html
@ GR82BW
You confuse Catholicism with “Catholics”. They’re not the same thing.
Think along the lines of fire department and firemen and you’ll have the idea.
Pax
On another note: we here seem to be in agreement about C-19.
It’s a con job. The question becomes what are we going go about it?
While much of the world has been focused on surviving a “pandemic”, social distancing and quarantines, the proponents of mass surveillance and 5G have been scoring major gains.
During this chaotic time it’s extremely important to take note of the advancements of legislation and political maneuvers which threaten our liberty and privacy.
First, on March 23, the 5G rollout progressed even further in the USA with President Donald Trump signing a bill aimed at “securing America’s 5G infrastructure.”
The act, titled the Secure 5G and Beyond Act, calls for a comprehensive plan to securitize a nationalized 5G grid in “not later than 180 days.”
Combined with an additional bill, the Broadband Deployment Accuracy and Technological Availability (DATA) Act, which passed the House on 16 December 2019, these bills seek to nationalize 5G network control. Read more about these two bills.
https://www.takebackyourpower.net/surveillance-5g-fast-tracked-under-coronavirus-pretext/
—–
The Coronavirus COVID-19 Pandemic: The Real Danger is “Agenda ID2020”.
What is the infamous ID2020? It is an alliance of public-private partners, including UN agencies and civil society. It’s an electronic ID program that uses generalized vaccination as a platform for digital identity.
https://www.globalresearch.ca/coronavirus-causes-effects-real-danger-agenda-id2020/5706153
You all must understand, the jew in America can not directly kill a gentile/Christian according to their Satanic Talmud.
They must do it indirectly. There’s no greater satisfaction a jew can have outside of creating a panicdemic and then watch the people being lied to destroy their own cities and selves.
Oh, and YES their evil Talmud allows jews to lie and deceive. Eric Garcetti (L.A. mayor) is a jew BTW. Not sure about DeBlasio/Cuomo, but they are definitely pseudo jewdos.
Trump will run up the debt, then repudiate it all!
He will merge the Fed with the Treasury and dump the debt on the Jew banksters.
They can pay us workers back for the next 1000 years as USA goes to a gold back currency.
Its ingenious! Sit back and watch the show!
Drink humic fulvic organic minerals for optimal health and detox!
http://www.blackoxygenorganics.com
Join me we will make a $million!
Hello Brother Nate,
I recently found your website. Your writings are very informative. The sad thing is most people, especially Americans don’t have a clue about much of anything. They’re more concerned with the last iPhone, reality star, etc than government doings. Most think the Fed is a government bank/institution.
What I don’t understand as I was taught through Christian teachings is the Jews/Israel is the apple of God’s eye and those that bless them will be blessed and those that curse the, will be cursed!
How do we handle this? I know pretty much everything of relevance is owned/controlled by Jews (Hollywood, Fed, etc). So my question is how do you Bless them and hate them at the same time?
On another topic – Corona-19 BS
I live in Dallas and have gone out everyday as I will not be put under martial law as long as I have breath.
Here like most places we are supposed to be, shelter at home, cute safe sounding name for it instead of calling it what it really is.
Anyway they said only essential businesses are to be open well they have deemed liquor stores and car washes as essential. Now I’m not a drinker, but I don’t care if people drink or not. But how in the hell if this virus is so bad and so contagious that we have lock down the World, that liquor stores and car washes are essential?
Also, they want 6 ft of social distancing, but we drove around yesterday and passed at least 20 different grocery stores, Walmarts, etc and there were no less than 60-100 cars at each place (this after the panic buying less than a week ago), but none of those people get sick, but they don’t really want us to go to the parks, etc.
I’ve said from day 1 this is nothing but total BS, just like the 9/11 so called terrorist attack.
And to your point about money, always follow the money. If people look no matter what the economy does, up, down, sideways, etc the select few (Buffet, Gates, Rothchilds, Koch brothers, etc etc) always make billions of dollars per year even when the country or world is suffering g or in decline.
And stupid people talk about our deficit! They say ‘OH it’s going up’ etc. like they’re really concerned. I tell them why worry It will never be paid back, it’s to much we could Never pay it back if we wanted to.
Also, as far as the death rates IF we were to believe the governments/MSM here in the US is less than 2%. But what they aren’t saying is the vast majority are well into their 80’s and have underlining issues.
But people love drama. That’s why there are far more drama shows on TV than comedies.
@Citizen
At this point, there is nothing you can do. Except to try to spread truth. History shows that tyranny will always collapse under it’s own weight. So you don’t need to do a thing but wait it out and keep a level head.
Now if things continue on their present course, civil unrest will be the likely outcome. And as Nathan Rothschilds points out that the classical way to deal with unrest is to devalue. Which is what is being done now. But, one can only devalue so much before collapse spirals out of control.
So my advice is to wait and see, don’t be involved in some public demonstration or otherwise drawing attention. Everyone in government now, should be voted out though.
Regarding my previous post here. I don’t think there should be any confusion. It is excepted historical fact. Even the Orthodox Church isolated itself from Catholicism along similar lines.
The trouble with believing there is still free thought after accepting a political or religious ideology is that you miss the whole point of an ideology and that is to allow the individual to overcome their internal sense of morality for the sake of that ideology.
People are capable of extraordinary things if they can be made to thing there is a greater good.
So the $2.2 trillion has become 6, maybe 10, most of it to Mnuchin’s Wall Street pals via the jew central bank. There’ll be more.
This is totally ignored by the jew mass media, as usual.
P.S. You could have enjoyed the ’85 NC2A final fix this morning again on CBS.
Thompson’s end was a slot machine concession at McCarron. Massimino later left town (Vegas) for 3 million.
Say hello to zhedi gangster world. But that’s another flick.
M.I.A. BE WOKE HOMIES!
MIA refuses to kowtow to the shyster-state MSM.
https://pagesix.com/2020/03/25/m-i-a-comes-out-as-anti-vaccine-dont-live-in-fear/
AND unlike little miss CIA/Mockingbird Alyssa Milano kiss their entertainment $$$ asses.
https://pagesix.com/2018/10/10/mia-thinks-shed-have-to-release-an-anti-trump-record-to-get-music-noticed/
MIA fortunately has some MAJOR $$$ in the bank unlike Evangeline Lilly who was clearly “straightened out” by Murder Inc.
https://pagesix.com/2020/03/26/evangeline-lilly-apologizes-for-insensitive-coronavirus-comments/
Yeah, being blacklisted really sucks!
Got mouths to feed! Gotta pay the rent!
“Go Judas and do what thou must.”
No, dear Citizenfitz, I don’t agree that COVID-19 is “a con job.”
The virus and the disease it causes, and its lethality among the most vulnerable parts of the population, particularly the elderly, is very real in every part of the world and the United States everywhere there’s an outbreak, which is now reported in all but a handful of States.
It’s the money-driven, factoid-driven national panic and MSM fear-porn, along with the ratcheting politization for pork barrell politics, infighting and back-biting, while Jewish Wall Street rubs its hands in anticipation of bags of gelt falling into their hands and the Vulture Capitalists circling over the dying bodies of small and medium businesses, which is the part that’s way overblown into the ‘panic-demic’.
A very helpful and excellent video, Perspective on the Pandemic with Dr. John Ioannidis of Stanford University gives a much saner, rational look at the COVID-19 pandemic without either the hyperventilating MSM and the likes of Jason Goodman.
Dr. Ionnidis is Professor of Medicine and of Epidemiology and Population Health at Stanford University and Co-Director of the Meta-Research Innovation Center at Stanford (METRICS)
“In this extended interview, Dr. John Ioannidis of Stanford University cautions that we do not have reliable data to make long-term decisions about COVID-19, and that an extended lockdown might have far graver effects than the disease itself.
Use this index to jump to points of interest; though we do recommend taking the time to watch the full interview:
00:50-Dr. Ioannidis summarizes his article titled “A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data” (linked below)”
[https://www.youtube.com/watch?v=ZEr4rmjwd0g]
Excerpted clip: How COVID-19 Overwhelmed Italy | Perspectives on the Pandemic Shorts
[https://www.youtube.com/watch?v=JNFVJIFGGs0]
Goodman has absolutely no understanding of just what is going on in the New York City hospital system, or the fact that NYC is now “ground zero” for the pandemic, particularly Elmhurst Hospital in Queens.
The city’s public Elmhurst Hospital has been overrun with seriously ill coronavirus patients, the last I read where 13 had died just in a 24 hour period.
The teaching hospital, which caters to a large immigrant community, is normally equipped to handle 15 to 20 critically ill patients between its intensive care unit (ICU) and an intermediate care unit that’s known as a stepdown.
But hospital officials have commandeered 30 additional beds in a separate unit just for critically ill COVID-19 patients in full-blown ARDS requiring vent machines, and another 30-bed medical floor for other COVID-19 patients in serious condition — pneumonia cases on oxygen which have not yet declined into full-blown ARDS.
And, ARDS patients on vent machines stay on them for weeks, which means Elmhurst
Patch-New York.com made the first report on capacity issues at Elmhurst.
These are just the bare facts. At Elmhurst, all of their ICU has been turned over to COVID-19 patients, and then some. The issue is just not about beds, ventilators and other advanced medical intervention equipment, its also about staffing technically competent to deal with the advanced medicine.
What about the normal ICU patients — the heart attacks, the non-COVID-19 pneumonia patients, people in non-infectious respiratory (acute asthma/anaphylatic shock) and cardio-pulmonary distress, the accident and shooting victims in critical condition? Where do they go?
They were transferred and are constantly being rerouted to other New York hospital ICU’s. These kinds of cases just don’t stop just because an epidemic breaks out.
And ICU’s require ICU trained specialists and staff. With the expansion of the COVID-19 wards into other parts of the hospital, more ICU specialist cardio-pulmonologists and staff are required to treat the patients.
Elmhurst normally has 15-20 ICU beds. What do you do when all the ICU beds are full of ARDS patients, and the same patients will be there for up to several weeks, then 100, 200, 300 patients more infected with COVID-19 having serious and critical respiratory difficulties are taken in?
And, on top of it, have to be kept extremely well-quarantined, and the physicians and staff must protect themselves?
Then the local hospitals start filling up, their ICUs are over-run with critical COVID-19 patients in quarantine, they turn over more of their beds to COVID-19 serious and critical patient care, who will be staying in those beds for days and weeks, and the cycle of transfer and referral starts all over again.
Smirky Jason Goodman, the mass medical and disaster management ignoramus, didn’t say word one about hospital logistics, such as why those EMT and Paramedic vans were on standby, which is to largely transport non-infected serious and critical care patients to other New York hospitals.
No, instead he insinuates that they are all part of some “crisis actor” scenario, simply because he’s decided that the disease epidemic is one big lie.
Goodman should talk to the families and friends who are not able to go to the hospital to be with their loved ones, even in their final hours, because of the quarantine, with all contact via wireless or smartphone.
Goodman should talk to any Orthodox and Catholic families of qurantined COVID-19 patients who cannot even receive the comfort of sacramental rites on their sickbeds from a priest — Anointing of the Sick and the Eucharist in Orthodoxy and Last Rites and for Catholics.
Furthermore, special response mortician units are preparing the deceased under quarantine conditions, and all funerals must be closed and sealed casket.
And no, the vast majority of COVID-19 patients don’t come in by ambulance to the Emergency Room, they are walk-in patients who walked or drove themselves in, or else are brought in by their families in private vehicles.
I live in a small town in North California in rather sparcely populated Butte County, population of 230,000. My county’s Public Health Dept has reported 5 cases of diagnosed Coronavirus, 2) travel-related, 3) community acquired.
Butte County PHD does not disclose the city for people sick with COVID-19 in order to protect their identity. So far, there’s been nothing on the local grapevine that anyone in my townlet has been infected, although there has been plenty of seasonal colds and flu going around for the past few months, with a couple of senior friends hospitalized for a few days in February for secondary pneumonia.
My closest hospital is Biggs-Gridley. It has 54 beds total for serving a town with about 7,000 people and rural vicinity. There’s a small CCU and surgical-medical ICU.
There are seven hospitals in the entire county, which is largely agricultural. Chico is the largest city and county seat, and it is a university town with the largest hospital.
Some 15-20% of the county’s population is 65 years of age or older, the most vulnerable sector of the population to COVID-19 pneumonia and ARDS related fatalities. 15% of 230,000 is 34,500 at risk seniors in Butte County, and the epidemic is just starting here.
In Gridley, approximately 1050-1200 residents are over the age of 65. How is the local hospital with 54 beds total going to handle even 105 (10%) serious and critical patients needing hospitalization for COVID-19?
Butte County is getting ready for the ‘just in case’ scenario:
Butte County’s emergency tents to be constructed
March 24, 2020
YubaNet:
BUTTE COUNTY, Calif. March 24, 2020 – Butte County General Services will construct and test the county’s emergency tents this week. The goal is to check the structural integrity of each tent, ensuring functionality in the event they are needed for the COVID-19 response in Butte County.
[https://yubanet.com/regional/butte-countys-emergency-tents-to-be-constructed/]
There’s a joke in my rural, agricultural county: The three fastest forms of communication are telephone, telegraph, and tell somebody in Butte County.
If there was some kind fraud going on with the disease and epidemic itself, the entire county would know it faster than wireless.
COVID-IOTS! Don’t Be One
A friend sent this to me —
“In the midst of this pandemic there can be good advice with humor:
https://Youtu.be/UNG0bMz0Y_U
Sheep have two speeds: graze and stampede
Have a nice day!”
Look within your own city/town to see the explanations and excuses.
The Mayor, Sheriff, Councilmen, School Superintendents, Business leaders, and of course Representatives in your congressional district.
When we hear the Fed or Washington DC or Wall street we think of someplace farther away. But no matter how small, They are in YOUR town!
Organize and call them out.
Covid-19: The Panic Is Worse Than the Pathogen
By Tony Cartalucci
Global Research, March 27, 2020
Theme: Media Disinformation, Science and Medicine
The Corona Virus Disease 2019 or “Covid-19” is a coronavirus similar to the virus that causes pneumonia. Covid-19 is a danger to at-risk groups including the elderly and the chronically ill.
If you are not elderly and if you are in good health you have virtually no chance of dying from it.
For the vast majority of the population, Covid-19 is no more dangerous than the common cold. This is backed up by statistics already being reported across Western publications and based on information derived from China’s outbreak where the virus first appeared.
Compared to cancer, heart disease, substance abuse, or car accidents – Covid-19 is relatively harmless. But it has been put in the spotlight by deliberately dishonest, selective reporting that focuses on generating hysteria by presenting out-of-context information to an ignorant and easily panicked public.
If there is no global concern or massive mobilization over cancer and heart disease – conditions that claim far more lives than any virus – why the sudden hysteria and “concern” .
Context is King
According to StatNews.com in their article, “Lower death rate estimates for coronavirus, especially for non-elderly, provide glimmer of hope:”
The chance of someone with symptomatic Covid-19 dying varied by age, confirming other studies. For those aged 15 to 44, the fatality rate was 0.5%, though it might have been as low as 0.1% or as high as 1.3%.
For people 45 to 64, the fatality rate was also 0.5%, with a possible low of 0.2% and a possible high of 1.1%. For those over 64, it was 2.7%, with a low and high estimate of 1.5% and 4.7%.
The chance of serious illness from coronavirus infection in younger people was so low, the scientists estimate a fatality rate of zero.
Healthline.com would report in their article, “Here’s How COVID-19 Compares to Past Outbreaks,” that the most affected groups are:
“…adults over 65 with underlying health conditions; children seem to be spared and are experiencing milder symptoms (in China, children account for just 2.4 percent of cases).”
If that isn’t convincing enough, simply scrutinize content you’re already reading – especially regarding Covid-19 deaths – and see how old and in what health those are in reportedly dying from Covid-19.
Many paragraphs down – far from the hysteria-generating headlines – you will find that those dying are already chronically ill, advanced in age, and/or already at risk whether it was Covid-19 or the common cold.
When deaths are reported without context they easily create panic.
When the number of Covid-19 deaths are put into perspective in relation to past outbreaks – or even side-by-side with the annual common flu virus- we see just how unwarranted the current wave of hysteria is and how overreactions from governments are aimed more at saving face and assuaging public panic than preserving public health.
In Thailand where up to four deaths have been reported at the time of writing this article – the first case involved a man who already had Dengue fever – a serious, life-threatening tropical illness spread by mosquitoes.
The other 3 cases involved a 70 year old with pre-existing tuberculosis, a 79 year old with multiple pre-existing chronic illnesses, and a 45 year old suffering from obesity and chronic diabetes.
All four individuals would be considered “at-risk” and should have been isolated from those potentially carrying not only Covid-19 – but any communicable disease at all including the common cold or flu.
Do these deaths warrant paralyzing an entire nation of 70 million people? Or closing entire businesses and costing billions in commerce? The damage measures made in reaction to hysteria will cause more damage to many more people and for a much longer duration than Covid-19 ever could on its own.
Common Sense Measures
Measures should be put into place and resources invested into educating the public on how to isolate and protect at-risk individuals – efforts should be made to help those at risk isolate themselves and provisions – including investments in critical care equipment such as ventilators – made to handle the influx of at-risk patients who end up with Covid-19 regardless.
What should not be done – is the spread of panic, hysteria, and the imposition of draconian measures simply to assuage panic and hysteria – measures that will also gut the economy, impact millions of workers, and disrupt the lives of millions more who depend on the day-to-day functioning of society and who face little or no health risk upon contracting the virus.
These measures – ironically – are in turn fueling additional panic including hording and social tensions that are only compounding the damage “Covid-19 hysteria” is already having on society.
Who is Fueling Hysteria and Why?
There is the vastly corrupt mass media who depends on public panic and hysteria at times like this to boost clicks and sell newspapers.
They also seek to advance their agenda and that of their wealthy sponsors and enhance their grip over the public’s attention.
The media is determined to spread hysteria to keep people fixated on their reportage, completely indifferent to the damage they are causing.
There are also political groups – partnered with the media – attempting to leverage and amplify the appearance of Covid-19 into an unprecedented crisis despite a lack of evidence to justify doing so.
Their interest is not in ensuring the safety of the public or maintaining oversight of government efforts – but instead leveraging the resulting hysteria to chip away at ruling governments they seek to destabilize and replace.
Aiding them are US and European-funded fronts posing as “human rights” advocates and “independent media” outlets.
Groups like “Human Rights Watch” have attacked governments for not taking decisive enough action – then complained when decisive action was taken as being too draconian and violating “human rights.”
These are interest groups that are never satisfied with the government’s response to Covid-19 because they are interest groups completely unconcerned with Covid-19 itself and its impact on public health – and instead – concerned only with how they can generate and leverage public hysteria to advance their entirely unrelated and self-serving political agenda.
Again, this is done with complete indifference to the damage being done to society by doing so.
What has resulted is governments around the globe taking measures in reaction to public panic – not to fight the actual pathogen.
While draconian efforts to isolate the entire population may work in slowing the spread of Covid-19 – is it worth paralyzing entire economies, costing billions in economic damage, disrupting the lives of hundreds of millions of people who – if contracting Covid-19 – will have what is essentially a cold for a week?
The answer should be an obvious “no.”
Now and in the Future
The answer also isn’t “doing nothing.”
Again, at-risk groups can and should be protected. State resources should be mobilized to protect and isolate them from the general population and treat them in the worst case scenario should they contract the virus anyway.
Public information campaigns should be mounted to encourage basic hygiene especially for those who may come in contact with at-risk individuals – something that should be done year-round and regardless of whatever strain of the cold or flu is prevalent at the time.
And just in case a genuinely deadly pathogen appears on the horizon, nations should invest in economic infrastructure that can thrive regardless – just in case nationwide containment ever truly is necessary.
This includes investing in online commerce, delivery services, decentralized manufacturing, and localized food, water, and energy security measures – all measures that would make for a more resilient society regardless of the threats that may or may not appear in the future.
Panic has proven a greater enemy than the Covid-19 pathogen.
That society can be crippled by politicians, political groups, and a corrupt mass media over what is essentially a slightly more virulent form of the common cold, says a lot about how the world currently works and what needs dire attention to fix.
From those driving needless hysteria to those caving into it at the cost of economic stability and the disruption of millions of ordinary lives – it’s clear that we face a precedent being set – one that will ensure virtually any excuse in the future can be used to cripple civilization on a global scale.
It seems obvious this cannot be allowed to stand, but what is less clear is what can be done to ensure it does not.
It can be hoped that governments around the globe pressured by hysteria this time around will set up measures in the future to avoid caving in again.
For the average individual – knowing that virtually everything you read in the media is likely promoting an agenda and thus being misrepresented – gives you the ability to look for context and truth yourself and applying critical thinking skills – reducing your suseptibility to panic and hysteria – and innoculating us all against the real virus infecting society – a political and social virus.
https://www.globalresearch.ca/covid-19-panic-worse-pathogen/5707650
The Jew makes free money, out of the blue, without working and lends it to the non-Jew with usury.
Slavery and human crime.
As long as the non-Jew is still asleep … Either we talk about it all or we will end badly.
Centers for Disease Control now says 24,000 to 64,000 Americans have died from ordinary flu since October. Nobody seems to mind.
https://www.cdc.gov/flu/about/burden/preliminary-in-season-estimates.htm
=====
John Cardillo
@johncardillo
Nearly 275,000 people were hospitalized for H1N1 yet we were never warned about a collapse of our healthcare system.
Why?
Because the MSM protected Obama but is now creating panic and fear on far lower numbers to damage Trump in November.
It really is political and simple.
====
Wow, just wow! Talk about taking the money and run.
Expect to see more of this.
Kennedy Center Tells Musicians It Will Stop Paying Them Hours After $25 Million Bailout Is Signed
National Symphony Orchestra will stop receiving paychecks on April 3
Washington Beacon
“The Covid-19 Advisory Committee was broadsided today during our conversation with [Kennedy Center President] Deborah Rutter,” the email says. “Ms. Rutter abruptly informed us today that the last paycheck for all musicians and librarians will be April 3 and that we will not be paid again until the Center reopens.”
The email went out to members on Friday evening, shortly after President Trump signed the $2 trillion CARES Act, a stimulus package intended to provide relief to people left unemployed by the coronavirus pandemic. Congress included $25 million in taxpayer funding for the Kennedy Center, a provision that raised eyebrows from both Democrats and Republicans, but ultimately won support from President Trump.
The bailout was designed to “cover operating expenses required to ensure the continuity of the John F. Kennedy Center for the Performing Arts and its affiliates, including for employee compensation and benefits, grants, contracts, payments for rent or utilities, fees for artists or performers,” according to the law’s text.
The arts organization decided that the relief did not extend to members of the National Symphony Orchestra, its house orchestra.
“Everyone should proceed as if their last paycheck will be April 3,” the email says. “We understand this will come [as a] shock to all of you, as it did to us.”
The Kennedy Center did not return request for comment.
A veteran member of the orchestra, who requested anonymity for fear of reprisal, told the Washington Free Beacon that the decision “blindsided” musicians. The member welcomed the bailout package as necessary funding for the arts, but was stunned that it would not be used to cover payment for the artists.
“It’s very disappointing [that] they’re going to get that money and then drop us afterward,” the musician said. “The Kennedy Center blindsided us.”
The Kennedy Center, which recently completed a $250 million renovation, received $41 million from taxpayers in 2019, but faced massive deficits after shutting its doors on March 12 due to the coronavirus outbreak.
President Rutter went on a media blitz to highlight the cultural hub’s struggles, telling the Washington Post that she would forego her $1.2 million salary during the closure.
Members of the orchestra chafed at the notion that they should do the same—particularly because they also face the prospect of losing their health benefits after May 31.
Orchestra members are challenging the Kennedy Center over its handling of the outbreak. The orchestra is only a few months into a four-year collective bargaining agreement it signed in September 2019.
The orchestra filed a grievance, released Saturday, saying that the center violated the contract, which stipulates that artists be given at least six-weeks notice before paychecks can stop.
Continued: https://freebeacon.com/issues/kennedy-center-tells-musicians-will-stop-paying-them-hours-after-25-million-bailout-signed/
Jews just 0.3% of population, yet 5% of dead are Jews:
http://www.timesofisrael.com/nearly-5-of-uk-coronavirus-dead-are-jewish
If COVID deaths reported at the link above were true, then COVID deaths among Jews would not be 5% but about 0.3%, because the percentage of Jews there is about 0.3%.
Now 5% divided by 0.3% equals 17. For the COVID death rate among Jews to be 17 times higher than other races, COVID would have to be extremely anti-semitic. This is yet another piece of evidence showing that COVID death reports in the jews-media are lies and propaganda.
If the death rate was only 8 or 10 percent higher for Jews, it wouldn’t be so significant, but 1600% higher for Jews is ludicrous, too absurd to believe.
As a percentage, 1600% more Jews die from COVID than other races, according to the Times of Israel data linked above. Of course the people faking the data to support the COVID scam are the same people who are running the COVID scam – Jews.
This is one more piece of the puzzle showing that Jews in high places are faking the so-called COVID pandemic. When the jews-media talks about global warming, global government, global pandemic, global anything, BS is imminent.
For me there is no question that COVID is another Jew World Order scam. The question is what are the objectives? What is the real reason the PTB are forcing people to stay at home, shutting down businesses, etc.?
Will the puppet politicians order us to take a fake vaccine for COVID? Will the vaccine’s real purpose be to cull the herd, depopulate the masses to about 500 million as per the Georgia Guidestones?
@Covid Clue 92
The disease doesn’t adhere to your simple demographic statistical analysis. British Jewry has an average age of 50-54 years old, which means the community skews heavily towards being elderly, more so than the general population, with a large proportion of 70-90 year olds.
A few of the victims were named in other sources, particularly in British Jewish news, and they were in their late 70s, 80s, and 90s, with one person almost 100 years old.
And it’s already well known all over the world that COVID-19 hits the most vulnerable of the population, particularly the elderly, with death rates sharply spiking through each age cohort from age 60 upwards, not that younger people are completely immune.
This was so evident, in fact, that China’s ministry of health very early restricted any physicians 60 years or older from treating COVID-19 cases. Younger doctors, augmented with cohorts of young military doctors and nurses, attended to them in the regular hospitals and in the special temporary hospitals set up specifically for quarantined treatment of corona virus patients.
The fact that British Jewry, at only 0.3% of the total population, has a proportionately larger elder population than the general UK population, resulting in the reported 5% death rate of total UK fatalities, is no falsification or misinformation.
There are now over 9,000 patients in UK hospitals being treated for COVID-19, the death toll has passed 1400, 1 in 4 doctors are now off sick and in quarantine, the survival rate for critical Covid-19 patients admitted to intensive care units (ICU) is 50%, according to a new study by the Intensive Care National Audit and Research Centre (ICNARC).
The National Health Service’s trust, Imperial College Healthcare which covers two large acute care hospitals, is tightening the criteria for admission onto ICUs, Medical director Professor Julian Redhead denied that it has or will have to ration critical care, insisting ventilator decisions were being made for medical reasons, not capacity reasons.
Physicians are now “being much more careful about which patients are being considered for critical care,” because 2 or 3 weeks are needed on the ventilator in ICU, the “National Institute of Health and Care Excellence, which sets clinical guidelines, issued a new framework instructing doctors to prioritise those most likely to survive.”
“Health officials have stopped short of addressing the idea ventilators may have to be rationed, instead saying doctors would have to have difficult conversations with families,” and families are being encouraged to talk to their aged relatives already in poor health in advance about their wishes should they contract the virus, and their health completely deteriorates because of the onset of the viral disease.
On the face of all this, I don’t have much problem. There may come a time in my own life that advanced medical intervention would be simply prolonging my death. I already have advanced directives on file with my doctor and hospital and a trusted friend with power of attorney to make health and end-of-life decisions for me if I’m not able to.
It is a fact that in epidemics, care shifts from the focus on the individual patient to public health “community care,” that which helps ensure that the largest number of people in a community survive when medical resources are over-burdened.
As in battlefield medicine and mass casualty incidents, triage procedures kick in, that of the unpleasant task of selecting those patients with the highest chances of survival so as to not waste medical resources.
By definition, triage is:
1a: the sorting of and allocation of treatment to patients and especially battle and disaster victims according to a system of priorities designed to maximize the number of survivors
b: the sorting of patients (as in an emergency room) according to the urgency of their need for care
Italy was forced to institute triage policies in their public health and hospital systems to address the pandemic breakout, especially in Lombardy, the earliest and hardest hit province that the SARS-CoV-2 virus overran, and there was little or no waffling about it by the authorities.
However, what is being conveyed out of the UK is coming across as double-speak by the NHS and its hospital systems, who are saying without saying that a COVID-19 rationing policy is already in place while denying that a rationing policy is already in place due to lack (or potential lack) of beds and ventilators, using the language of “according to medical need” instead, which in fact is nothing other than baffle-babble for triage policies are being instituted.
Presumably, since the corona virus is proving to be an equal opportunity virus, and Jews are finding out that they have no special Talmudic magic vest protection after all from getting infected, then victims within British Jewry should be treated and triaged on equal footing with gentiles in a first come, first serve emergency room basis.
But, I suspect without any actual proof, that this is not how it’s going to work out, given how British society is so thoroughly corrupted and dominated by the Synagogue, and that stricken, elderly Jewish victims will be positively triaged over gentiles in equally poor shape, simply because some people are more equal than others.
These “more equal” patients, despite being in more poorly medical condition than the gentile in the next ER bed, may be given preference for rationed medical resources, just so the hospital won’t get sued, or else in cognizance of British Jewry’s philanthropic endowments.
On another note, Bibsy went into self-isolation today, after one of his staffers tested positive for COVID-19. Now that he’s in quarantine, Bibsy finally decreed lockdowns for Israelis. The Haredi/Orthodox Jewish communities are so far the hardest hit in both Israel and New York.
And, a Brooklyn attorney has filed a lawsuit against the State of New York accusing Andrew Cuomo of violating his right to free speech and ability to observe his Jewish faith because of the state’s ban on large gatherings due to the coronavirus.
Lee Nigen also alleges that telling state residents to limit travel, Cuomo has violated his right to travel and meet with clients, friends, family and “like-minded people,” the New York Post reported.
Chutzpah.
Hilarious satire from The Babylon Bee:
Toilet Paper Crisis Solved As Government Prints Trillions Of Fresh, Soft Dollar Bills
USA–As part of a sweeping initiative to help unclog the economic constipation caused by the coronavirus quarantine, the White House announced they are printing out fresh, crisp dollar bills for every US citizen.
“We understand the hardship this quarantine has put on people,” the White House explained in a press briefing. “Parents aren’t able to drop their kids off at the pool.
“Florists have had to stop putting soil in the pot. With sports events canceled, we can’t take the Browns to the Super Bowl. Until things get flowing again, we see this as the obvious solution to a situation that has taken a definite plunge.”
The administration explained that, while it’s possible the money might help get things flowing again for people who are in need of a strong push financially, the more practical use will be for those who have run out of toilet paper: “As the economic stoppage causes the dollar’s value to take a dump, we see this as a great alternative to increasingly scarce toilet paper.”
The statement also included several best practices for making the most use out of each crisp, worthless dollar bill, and even some tips on precise folding techniques in order to avoid defacing the United States’ first president.
Some remain critical of the action, saying it doesn’t go far enough. Bernie Sanders, who is adorably still in the running for the Democratic presidential nomination, stated, “This will only last us a couple of weeks. We need to print billions in crisp singles for every American if we’re truly going to wipe up this mess!”
https://babylonbee.com/news/government-sends-out-1000-to-each-citizen-so-theyll-have-something-to-wipe-with-after-money-loses-all-value
Russia Insider/FTN:
This Huge Jewish Finance Firm Just Took Over the US Treasury and Fed (Blackrock, Transcript + Audio)
From the FTN Website:
In less than a week the Federal Reserve has been merged with the U.S. Treasury (implying it wasn’t always that way) and BlackRock, the world’s largest and most powerful financial services institution, has been put in charge of executing future acquisitions and trades.
Who is BlackRock? What do they own? And perhaps more importantly, what and who do they control? Jazz and James dive into BlackRock and uncover a significant portion of the apparatus by which U.S. politics are controlled and manipulated.
How BlackRock Leveraged Control of the U.S. Economy
Full episode: https://therightstuff.biz/2020/03/29/ftn-300-i-am-the-line-thy-god/
Transcript follows below.
(Backup audio in case YouTube decides this is something Americans shouldn’t know about.)
https://russia-insider.com/sites/insider/files/y2mate.com_-_how_blackrock_leveraged_control_of_the_u.s._economy_qt4ekclqeei.mp3
FTN and the other podcasts on the TRS podcast platform have become required listening for anyone serious about understanding American politics. In a highly professional and competent manner, they analyze topics, including Jewish influence, that others won’t.
The FTN podcast in particular is hard news focused, delivering fresh dissident angles on current events that ruthlessly challenge the mainstream narrative.
…
Transcript: the following is machine transcribed. There may be some errors.
[00:00:08] This nationalizing a large swath of the financial markets. Now we’ve talked about the financialization of the country that started really in the 1970s.
With things occurring before the 1970s. But the actual financialization of the economy in 1970s really took off under Ronald Reagan. We did the Reaganomics demographic deep dive. Sorry, Reaganomics, demographic, death spiral, deep dive that we did over Labor Day in twenty nineteen.
Very good podcast that we did on that detailing that it was took off under Reagan, took off in two fold under Clinton and has continued and they have used these various recessions.
[00:00:55] The last one was the 2008 financial crisis and this is the latest one actually they had the longest run, longest bull market run in a long time and it’s only a matter of time the economy had to be reset and that’s what they’re doing with this right now.
We’ve talked a lot about this being a restructuring, but this is formalizing this in a way that has never been done before.
Now, the big headline that people are getting hung up on is the merger of the Federal Reserve and the Treasury into one organization, implying that they were separate independent organizations at any point ever.
[00:01:28] That’s not actually the real story. We’ll talk about what they’re actually doing, because what they are doing is they’re sort of just admitting that it’s not it’s not that anymore.
Like before they would at least put up the pretense that they are separate organizations and they’re independent and yadda, yadda, yadda.
Now they’re sort of dispensing with all of that. But the bigger news is that BlackRock’s involvement. So let me walk through this here. So the you this this fits in with our narrative. Lots of confirmation bias.
In the past few weeks, you’ve seen the Federal Reserve cutting rates by 150 basis points to near zero. And they have run through virtually the entire handbook for the 2008 crisis.
They’ve done one rate cut after another, followed by an emergency rate cut. They added a million sorry, they added a trillion dollars a day in repo injections.
They used emergency powers to create this commercial paper facility for pumping overnight liquidity into the market, literally making the money printer.
…
…So this means that the Treasury, formerly not implying formally, is going to be buying all the securities and backstopping loans and the Fed is going to be acting as the banker providing the financing.
But really, it’s just one entity. They’re doing both. But the new the new kid on the block is BlackRock and BlackRock. We’re going to talk a lot about BlackRock here in a minute.
But they have agreed to purchase these securities and handle the administration of the S.P. v.’s on behalf of the Treasury.
[00:09:11] So this is this like totally not a government agency, right? The Fed and Treasury are being consolidated and then run by BlackRock.
…
And they are BlackRock is the world’s largest money manager. They will purchase commercial mortgage backed securities on behalf of the New York Fed.
[00:09:55] They will determine which securities are guaranteed by Fannie, Freddie and Ginnie Mae. I don’t even know. Ginnie Mae existed in BlackRock will execute all the trades. It’s like man must be nice to me. BlackRock actually gets. Sweetheart deal, had that happen?
I mean, do they? Did they open this up for RFP and people submitted their different proposals to the government for managing this? James, I mean, it was this a fair competition or a day again? BlackRock’s gonna do it.
…
[00:10:48] They can. Yes. And so the purpose of this. Just so people understand what was done both in the bailout bill and also outside of the bailout bill, this is a combination of all of these things.
This essentially means that that the presidential administration, Donald Trump, will have more control over what happens with the Fed. And it’s not this in this implied control that everybody believes isn’t going on. But Donald Trump doesn’t have to kick and scream to get Jerome Powell to do anything anymore.
[00:11:22] I mean, they can affect that control through the special purpose vehicles, through these Organa orphanages, organizations that have been stood up and essentially the old apparatus like it doesn’t matter anymore.
It’s like just eroding that, blurring the line. There is no line. Like the only line that matters is the one that goes up or down and it better be going up according to them.
And that essentially puts the levers of power from Steve Mnuchin directly in the hands of Donald Trump and Jared Kushner.
So, yeah, I mean, why even have a Fed chairman? Well, what does that make Donald Gerard at this point?
[00:11:56] Yeah, the Fed chairman becomes a ceremonial role at this point, largely dead.
…
[00:16:22] Right. They’re not actually separate entities. BlackRock is the top investor in Goldman, along with Vanguard and strict State Street right after them. So together, Vanguard, BlackRock and State Street own 20 percent of Goldman Sachs. Goldman Sachs, in turn, is who did the startup for ICE and then installed SPRECHER is the NYSE CEO.
So in effect, BlackRock controls Goldman and Goldman controls Hertz Stock Exchange. And it’s pretty, pretty hilarious.
And when you look at BlackRock itself, founded in nineteen eighty eight by Larry Fink, who is still the CEO, Larry Fink is Jewish. In fact, I’m just going to read the names and I will tell you if they’re not Jewish. How about that. We’ll just do it that way.
Full Transcript: https://russia-insider.com/en/huge-jewish-finance-firm-just-took-over-us-treasury-and-fed-blackrock-transcript-audio/ri28494
All,
Do read KathJuliane’s incredible insight (11:09 am ).
Your contributions KJ to RJN are in a class of their own.
Just want to share this Bible passage:
Isaiah 26:20
“Come, my people, enter your chambers,
And shut your doors behind you;
Hide yourself, as it were, for a little moment,
Until the indignation is past.”
When I tried to go to Real Jew News, I got a bunch of jew bulls**t stories instead.
Has happened before. Here’s one of ’em.
Putin condemned for saying jews “may” have manipulated U.S. elections. – Wash. Post-NBC news-Mar. 11, 2018.
File under Lemmings 101.
Dick Fuld, former CEO of Lehmann Bros, “Fed, smoothing out markets” Repo 105s (repurchase agreements) back in business, only even worse this time.
The dollars are nearby, on the outskirts of London, again.
In 1981, Superman, a Jew, flies once around the world each day for six days and on the seventh day flies around 7 times.
Then he blows his Super Jewish Nose like a trumpet and spreads the corona virus all over the world. Time goes backwards to 1912 before the Federal Reserve and Jewish suffering and self pity starts all over again… the saga continues.
By the time we find out for sure if the Corona thing is real or fake, gargantuan or just a bad flu, it will be too late… the NWO/JWO, Orwell’s eternal face kicking boot, will be in place.
Don’t put it past them to do a fake thing, make us all realize it and get cynical, then release a real thing that we ignore at our peril.
Boy who cried Wolf (Einstein) story.
Christian satire site strikes again with the sword of truth.
Babylon Bee
Finance
Americans Excitedly Anticipate Getting Paid With Their Own Money
U.S.—Americans have reported they’re very optimistic about the stimulus package passed by Congress last week. In particular, people all around the country are excited to get paid with a little bit of the money that they paid the federal government already.
Americans from all walks of life said they couldn’t wait to receive a check with a small percentage of the money the government had already taken from them.
“I can’t wait to get that $1,200.00 check of my own money,” said one man in Texas, rubbing his hands together. “Surely this will get the economy back on track.”
From the rich to the poor, American citizens spent many hours dreaming of all the things they will spend their newfound riches on. “With $1200, I could save enough to pay my taxes on time this year,” said one woman in Los Angeles. “Thanks so much, Congress. You’re the real heroes here.”
A small percentage of the population said they thought it would be way more efficient for the economy if the government just didn’t take the money in the first place. These people were shouted down as “libertarian conspiracy theorist wackos” and told to move to Somalia.
Sadly, by the time all the administration costs, government pet projects, and handouts were factored in, the stimulus each American was to receive became a negative amount, forcing Congress to raise taxes to pay for a new stimulus bill.
https://babylonbee.com/news/americans-excitedly-anticipate-getting-paid-with-their-own-money
All that’s accomplished by CV19 is a waste of time, frustration, fear, the inevitable death of the elderly, the unfortunate need for many to now borrow $$$, and the laughing jew skipping with bags of $$$ to the bank.
Everything the evil jew likes. Coincidence? Think again!
@Pierre
“Superman – a jew” You mean like Jerry Seinfeld’s sticker on his fridge on the set of Seinfeld? All because the comics artist,what’s his name, that jew, created Superman – so he must be a jew.
And now look at that jewess acting as Wonder Woman. These jews are so juvenile, really children of the Devil — crybaby worms!
Dear All,
Working on a major documentary Video.
Hope to post by tomorrow, Wednesday eve, latest on Thursday.
Keep in tune! +bn
Dear Englishman,
It’s heeere…
On Yahoo News:
Hospitals preparing for life-and-death decisions on who gets ventilators during coronavirus pandemic, medical ethicist says
“Most hospitals typically operate at close to full capacity in order to remain profitable, said Jonathan Moreno, a University of Pennsylvania professor of medical ethics and health policy.
So now, frontline medical staff are having to decide who lives and who dies, an unprecedented experience for most modern American doctors, and one that Moreno said has led to the creation of triage committees in many hospitals. As a result, many hospitals lack key supplies, particularly ventilators.” Most hospitals are private hospitals now, and the CEO is answerable to the stockholders, not to patients or the community.
“You don’t want to put individual doctors in this position … because of the prospect of what people call ‘moral injury’ — that is to say, the sense that they will have, potentially for the rest of their lives, that they did everything they could, they made the right decision, and yet they feel this tremendous burden that they know they let people die,” Moreno said during an interview on the “Skullduggery” podcast. “You really want to try to protect the caregivers from that problem of moral injury.”
Other than organ donation, modern American medicine does not ask doctors to decide who lives and who dies, said Moreno, who is also a senior adviser for the Presidential Commission for the Study of Bioethical Issues and the co-author, along with Penn president Amy Gutmann, of “Everybody Wants to Go to Heaven but Nobody Wants to Die: Bioethics and the Transformation of Healthcare in America.”
Moreno’s comments come just as a National Academies of Sciences committee has issued new guidelines for dealing with patient care amid the COVID-19 pandemic, which could lead to decisions on which patients get access to lifesaving ventilators.
“What I think is so disturbing in this instance is that there were apparently failures to prepare for this surge and the need of ventilators in the last couple of months,” Moreno said. “To try to relieve the moral injury of the caregivers, groups of people will get together and try to give some guidance and kind of spread out the moral burden of these decisions.”
Continued: https://news.yahoo.com/hospitals-preparing-for-life-and-death-decisions-on-who-gets-ventilators-during-coronavirus-pandemic-medical-ethicist-says-183835195.html
The bottom line is the bottom line.
‘STRANGE TIMES’: RUSSIA IS SENDING MEDICAL AID TO U.S. TO HELP IT WITH COVID-19 CRISIS
The COVID-19 outbreak has led to some curious changes in relations between the countries. For example, Russia is now sending medical aid to the United States.
Russia sent a plane with medical equipment to the United States amid the pandemic of COVID-19, US President Donald Trump told reporters on March 30th.
“I have to say, we’ve had great relationships with a lot of countries. China sent us some stuff,” he told reporters during a briefing at the White House. “Russia sent us a very, very large plane load of things. Medical equipment. Very nice.”
He did not go into further details about Russia’s aid.
“Other countries sent us things that I was very surprised at, very happy surprised,” the US leader continued.
Continued: https://southfront.org/strange-times-russia-is-sending-medical-aid-to-u-s-to-help-it-with-covid-19-crsisis/
THE CROWN ONE NINE has a patent number?
https://pubchem.ncbi.nlm.nih.gov/patent/US2006257852
Man✡️ Hoarded Enough Supplies To ‘Outfit An Entire Hospital,’ Coughs On FBI Agents
Blue Lives Matter
Baruch Feldheim was selling respirators and personal protection equipment to doctors and nurses at 700 percent markups.
Brooklyn, NY – A man who was hoarding respirators, personal protection equipment and disinfecting items and selling them to nurses and doctors at outrageously-inflated prices was arrested by the Federal Bureau of Investigation (FBI) on Sunday.
Baruch Feldheim, 43, claimed he was infected with the novel coronavirus as he coughed on the agents who came to arrest him at his Borough Park home, the New York Post reported.
According to police, Feldheim allegedly sold 1,000 N95 respirator masks to a New Jersey doctor at an approximately 700 markup on March 18.
He pocketed $12,000 in the deal.
Feldheim told the doctor to go to a vehicle repair shop in Irvington, New Jersey, to pick up supplies the doctor had ordered, the New York Post reported.
The doctor told investigators that the suspect had enough surgical supplies, chemical cleaning agents, Clorox wipes, and hand sanitizers at the shop “to outfit an entire hospital,” according to police.
On March 23, Feldheim allegedly tried to sell surgical gowns to a nurse from the stockpile he had stored at his home.
A massive shipment of approximately eight pallets of face masks was delivered at his residence on March 25, and FBI agents soon spotted empty N95 mask boxes outside the home, the New York Post reported.
The agents began watching Feldheim’s residence, and noticed that people kept showing up and leaving with boxes and bags of suspected medical supplies.
They confronted the alleged price-gouging hoarder outside his home on Sunday, the New York Post reported.
“When the agents were within four to five feet of him, Feldheim allegedly coughed in their direction without covering his mouth,” the U.S. Attorney’s Office said in a press release. “At that point, Feldheim told the FBI agents that that he had the Coronavirus.”
He also claimed that he worked for a company that bought and sold personal protective equipment, and said he never personally had the items in his possession – all of which investigators said was a lie.
Feldheim was arrested on charges of making false statements and assault.
He faces up to six years in prison and fines of up to $350,000 if convicted, according to WNBC.
After he was taken into custody, the FBI searched a warehouse in Linden, New Jersey and located approximately 80,000 N95 masks, the New York Post reported.
On March 25, the federal government issued an executive order banning citizens from hoarding the medical and personal protection equipment that doctors and nurses need in order to help slow the spread of the pandemic, BuzzFeed News reported.
https://defensemaven.io/bluelivesmatter/news/man-hoarded-enough-supplies-to-outfit-an-entire-hospital-coughs-on-fbi-agents-3hGVTYji-U2MIu-27Wo22Q
How Coronavirus compares to Other Hazards
Worldwide Deaths from Jan 1 – March 25, 2020
21,297 Deaths by Coronavirus
113,034 Deaths by Seasonal Flu
228,095 Deaths by Malaria
313,903 Deaths by Suicides
390,908 Deaths by HIV.AIDS
581,599 Deaths by Alcohol
1,162,481 Deaths by Smoking
1,909,804 Deaths by Cancer
2,382,324 Deaths by Hunger
9.913,702 Deaths by Abortion
Most or all “COVID related deaths” come from counting old-age related deaths as COVID related.
COVID is from the Corona family of illnesses which cause about one third of common colds.
Corona based colds have lower mortality rates than influenza.
Coronavirus panic is a hoax, as phony as a 4-dollar bill.
Business as usual…for “lemmings”
Entire U.S. energy grid, thru power (electricity and gas) nodes, controlled by future contracts you probably never heard of ( not the “public” exchange traded contracts, WTI, Brent, nat. gas etc.), is in the hands of jews running a massive Enron fraud on America.
In essence, they are holding the entire country hostage (never mind COVID), capable of shutting down the nation at their whim, to further enable their totalitarian “crisis” induced takeover at the time of their choosing.
‘I’ll Be the Oversight,’ Trump Says as His Political Appointees Protect Wall Street, Real Estate
Government Executive
MARCH 31, 2020 02:00 PM ET
Banks, real estate investors and large corporations all got help even before President Donald Trump signed the COVID-19 stimulus package, as bank regulators quietly handed billions to Wall Street.
ll be the oversight,” President Donald Trump declared last week as Congress debated the $2.2 trillion economic rescue package he signed into law Friday.
The bill, the largest stimulus ever enacted in the United States, greatly expands unemployment benefits, shores up small businesses and sends one-time checks to Americans making under $100,000 a year.
It also includes unprecedented giveaways to corporate America, including a $170 billion tax break over 10 years for real estate investors and developers, such as Trump and presidential son-in-law Jared Kushner, and $500 billion in corporate bailout money to be administered by Treasury Secretary Steve Mnuchin, which Democrats have called a “slush fund.”
True to his word, Trump balked at any congressional oversight of the money. On Friday, just after signing the stimulus, the president issued a rare signing statement saying he would treat accountability provisions of the law as “not mandatory,” citing “constitutional concerns” over the separation of powers.
A requirement that a special inspector general provide information to Congress without delay, he said, “is unreasonable.”
The signing statements came amid a series of actions by the president and his political appointees that, taken together, stack the economic deck in a way that protects financial and real estate interests from the economic wreckage of the COVID-19 pandemic, at the expense of Americans who are bearing the brunt of it.
The Federal Reserve’s March 23 decision to effectively bail out commercial real estate lenders is a case in point. The Fed announced that it would purchase large amounts of mortgage-backed securities in an effort to “support the flow of credit to households and businesses.”
But the board’s decision to include commercial loans in its purchases would do little for ordinary households – and a lot for real estate speculators who provide capital to shopping malls and office towers. The Fed’s spending figure was breathtaking: $50 billion a day for a week.
The decision was a windfall for real estate developers such as Tom Barrack, a close Trump friend and Trump donor who chaired the president’s inauguration committee.
The day before the Fed took action, Barrack tweeted for the first time in more than three years. In the tweet, he warned of a “liquidity crisis … alongside COVID-19’s spread” that could devastate one of his core businesses: commercial real estate.
Stock in Barrack’s company, Colony Capital, had plunged since the start of the COVID-19 pandemic, but shot up on news of the Federal Reserve’s announcement, ending last week up nearly 60%.
“It looks like the holders of these asset classes were saved in time,” said Sarah Bloom Raskin, a former Federal Reserve governor and deputy treasury secretary under President Barack Obama.
That same day, the Fed also announced it would start buying up corporate debt – putting the central bank on the hook for boomtime borrowing by the country’s largest corporations before their bonds collapsed to junk status.
“Many pockets of the market are being plugged up with ongoing Federal Reserve liquidity,” Raskin said, while millions of Americans are laid off and small businesses face collapse on a massive scale.
“Will households and small businesses be saved in time?” she said. “People waiting at home for checks, anxious, wondering if their checks will arrive before their bills become due, before they get sick, before they potentially lose their jobs or have their hours cut.
“And small businesses, too, must make decisions whether to apply for forgivable loans, whether such money can arrive in time to keep their businesses from ending.”
The week before, banking regulators from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency had acted together to ease restrictions put in place in the wake of the 2008 financial crisis, opening the door for banks to continue to pay dividends to shareholders even when they have less cash on hand.
“This makes no sense,” tweeted Sheila Bair, who led the FDIC during the housing bust. “This is unfathomable,” she added, arguing that such payouts could “weaken banks’ ability to continue lending during the crisis.”
The decision also increases the chance that banks will eventually come to Congress to ask for a bailout, said Graham Steele, a former Senate banking committee staffer and director of the Corporations and Society Initiative at the Stanford Graduate School of Business.
Steele pointed to a 2010 study by the Federal Reserve Bank of Boston, which found that if banks’ ability to pay dividends had been shut down earlier, they would have stockpiled substantial sums of money – enough, he said, to have reduced the price tag for the federal bank bailout in 2008 by half.
Even as they shored up America’s largest corporations, banks and real estate investors, Trump’s bank regulators also joined forces, citing the COVID-19 pandemic, to smooth the way for lenders to exploit the nation’s most financially vulnerable.
Regulators including the Fed, FDIC, Comptroller of the Currency and Consumer Financial Protection Bureau jointly took action to make payday loans more widely available.
They did so without imposing any restrictions on high interest rates, late fees, or balloon payments.
These practices, which blossomed after the 2008 crash with reports of interest rates of up to 300%, had been curtailed under the Obama administration after the Consumer Financial Protection Bureau found in 2013 that they “can trap consumers in debt.”
Since taking office, Trump has significantly weakened the bureau, which was set up to protect consumers following the 2008 financial crisis.
“I don’t think there are a lot of people right now where a loan with a 70% interest rate and a balloon payment in two weeks would solve their problems,” Lauren Saunders, associate director of the National Consumer Law Center, told Reveal.
The Consumer Financial Protection Bureau responded to the COVID-19 crisis with another deregulatory action likely to harm consumers.
On Thursday, the bureau granted financial institutions a reprieve on reporting data designed to track lending discrimination – which journalists, advocates and law enforcement could use to determine whether people of color with good credit are being disproportionately harmed as lending dries up during the pandemic.
Meantime, an array of planned deregulatory actions continue to move forward despite the unprecedented disruption of the pandemic – among them, the Trump administration’s plan to gut enforcement of the Community Reinvestment Act, a 42-year-old law to stop discriminatory redlining.
Bryan Hubbard, a spokesperson for Comptroller of the Currency Joseph Otting, told Reveal in an email that the comment period on the proposed changes will still expire April 8 as scheduled.
https://www.govexec.com/oversight/2020/03/ill-be-oversight-trump-says-his-political-appointees-protect-wall-street-real-estate/164230/
Well, being God’s special chosen ones does have its advantages.
Healing the world and a light unto all nations. See how the talmudic deal works?
SUCH A DEAL!!!
https://www.jpost.com/Israel-News/Mossad-bought-10-million-coronavirus-masks-last-week-622890
But wait, there’s more! What, no mention of helping any of the goyim?
https://archive.fo/VRyrR
Virginia Goes Zionist
Jewish power manifest in the Old Dominion
Politicians, bureaucrats and media talking heads have long turned a blind eye to legislation and policies that benefit the state of Israel to the detriments of United States’ interests. The U.S. Treasury is plausibly describable as a gift that never stops giving to the people and governments of Jewish state.
Since the foundation of Israel in 1948, the federal government in Washington has provided some $142.3 billion in direct aid of various kinds. Currently, Israel receives $3.8 billion per annum guaranteed for ten years, a sum that is supplemented by various giveaways, tax concessions and co-production arrangements from the government.
Private “charitable” donations from individuals, businesses and foundations, some of which are fraudulent, considerably augment those numbers, making the total that Israel receives annually from the United States well in excess of $10 billion.
A considerable proportion of that money is technically illegal, as it goes in support of the Israeli settlements on Arab land. No other country has received anything even approaching what Israel gets from the American taxpayer in one form or another and the one-way flow of money is also remarkable in that it has been guaranteed well into the future.
Other benefits obtained by Israel from the United States are less easy to quantify, to include the theft of U.S. military technology, which is then copied and sold by the Israeli arms industry, directly eliminating American jobs in one of the few manufacturing sectors that is relatively speaking thriving. There is also the observable transfer of high-tech jobs from the U.S. to Israel, engineered by Jewish billionaires like Paul Singer who are able to influence such decisions in the corporate world.
Israel also benefits enormously from the United States-Israel Free Trade Agreement of 1985, which is, by design, intended to give the Jewish state free access to the huge U.S. market without any real reciprocity for U.S. companies to enter the tiny Israeli market.
Israel also is able to bid on U.S. government contracts, including classified defense contracts, a practice that has led to several lawsuits when the Israeli company gets a contract by lowballing the bid but then fails to perform.
In some cases, Israeli companies have submitted low bids to obtain contracts at state and federal levels even when they had no relevant experience and no facilities that can actually perform the work.
They pocket the subsidies and advance payments they receive from local governments and states and then effectively disappear.
The desire of some American Jews who occupy powerful positions to aid Israel at the expense of the United States is despicable, sustained by the lie that Israel is an ally and that both countries ultimately benefit from the process.
Israel’s ability to impose its own priorities at the levels of Congress and the White House has long been observed, but its political manipulation and ability to corrupt U.S. democracy on behalf of a foreign power have lately been extended to the state and local levels.
This shift is due in part to the desire on the part of Israel’s promoters to shut down the growing Boycott, Divestment and Sanctions (BDS) movement. It has proven difficult to pass an unconstitutional national level ban on non-violent criticism of Israel going through Congress, so the Israel firsters have instead concentrated on the states.
Twenty-eight states now have some form of legislation that denies state services or jobs to anyone who does not sign an agreement to not boycott Israel. A particularly draconian bill being considered in Florida equates any criticism of Israel with anti-Semitism, enabling any critic to be sued in courts for hate speech.
A particularly egregious and also unique example of a state’s economic policies being manipulated by a dedicated Israeli fifth column in government is the Virginia Israel Advisory Board.
Grant Smith, long a critic of the VIAB, heads the Institute for Research: Middle Eastern Policy (IRMEP). He has written a new book entitled The Israel Lobby Enters State Government: Rise of the Virginia Israel Advisory Board, which documents in considerable detail how the conspiracy by powerful Jews in Virginia to benefit Israel has actually operated, much of it secretly through special arrangements and deals.
He has also had a long interview with Scott Horton of Antiwar.com regarding the book which is well worth listening to.
The VIAB is unique because it is actually part of the Virginia state government. It is funded by the Commonwealth of Virginia and is able to access funds from other government agencies to support Israeli businesses.
It is staffed by Israelis and American Jews drawn from what has been described as the “Israel advocacy ecosystem” and is self-administered, appointing its own members and officers.
While there are many Israel business promotion entities active in the United States, only Virginia has such a group actually sitting within the government itself, ready to make secret preferential agreements, to arrange special concessions on taxes and to establish start-up subsidies for Israeli businesses.
Israeli business projects have been, as a result, regularly funded using Virginia state resources with little accountability.
Bear in mind that this agency exists not to promote Virginia businesses but rather to give an advantage to Israeli businesses, some of which might even be competing with existing Virginia companies and putting local people out of work.
Virginia already runs an estimated $500 million trade deficit with Israel due to the federal Free Trade Agreement and the promotion of Israeli businesses in the state, which repatriate their profits to Israel, adds considerably to that sum.
Smith reports how VIAB is not just an economic mechanism. Its charter states that it was “created to foster closer economic integration between the United States and Israel while supporting the Israeli government’s policy agenda.”
Smith also has observed that “VIAB is a pilot for how Israel can quietly obtain taxpayer funding and official status for networked entities that advance Israel from within key state governments.”
Jewish federations and groups active on behalf of Israel were present in Virginia before VIAB was founded in 1996. Its Godfather was Eric Cantor, a state legislator who later entered Congress as the only Jewish Republican, where he was a powerful advocate for Israel.
The board grew significantly under governor Terry McAuliffe’s administration (2014-2018). McAuliffe, regarded by many as the Clintons’ “bag man,” received what were regarded as generous out-of-state campaign contributors from actively pro-Israeli billionaires Haim Saban and J.B. Pritzker, who were both affiliated with the Democratic Party.
McAuliffe met regularly in off-the-record “no press allowed” sessions with Israel advocacy groups and spoke about “the Virginia Advisory Board and its successes.” That was, of course, a self-serving lie by one of the slimiest of the Clinton unindicted criminals.
And wherever Israel goes there is inevitably going to be the usual hanky-panky. Many of the Israeli companies chowing down on the Virginia feed bag are located on land stolen from Arabs on the West Bank. They are illegal under international law, even if President Donald Trump and company have declared otherwise.
And then there are the conflicts of interest. VIAB board member Aviva Frye, whose family mostly resides in Israel and who worked to obtain the government approvals for an Israeli solar and wind energy company called Energix, located on the West Bank, was subsequently rewarded with a company directorship.
And one hand inevitably washes the other. Board member Eileen Filler-Corn, a leading advocate for Israel, recently became the first woman to become speaker of the Virginia House of Delegates. Grant Smith reports how she benefited greatly in her campaign by virtue of large donations from other board members as well as from Jewish groups and Israeli companies.
The VIAB is little more than a mechanism set up to carry out licensed robbery of Virginia state resources being run by a cabal of local American Jews and Israelis to benefit their co-religionists in Israel.
Grant Smith observes how some pushback is finally in evidence, due to fraud in accounting procedures that have been exposed as well as environmental devastation for various projects that were never completed.
Some human rights groups have also begun to challenge the illegality of the Israeli West Bank settlement-based companies involved. But it is not enough and it is probably too late as Israel is never held accountable for anything by the American Establishment. For my part, as a Virginia resident I have written and called the governor’s office and the offices of my state Senator and Delegate. No one has returned my calls or responded to my letters.
Whose America is it? one might well ask.
Philip M. Giraldi, Ph.D., is Executive Director of the Council for the National Interest, a 501(c)3 tax deductible educational foundation (Federal ID Number #52-1739023) that seeks a more interests-based U.S. foreign policy in the Middle East. Website is councilforthenationalinterest.org, address is P.O. Box 2157, Purcellville VA 20134 and its email is inform [at] cnionline.org.
https://www.unz.com/pgiraldi/virginia-goes-zionist/
Corona Debt Jubilee
Michael Hudson
Cross posted from the Washington Post.
Michael Hudson, author of “… and forgive them their debts” and “Killing the Host,” is president of the Institute for the Study of Long-Term Economic Trends and is distinguished research professor of economics at the University of Missouri at Kansas City.
Even before the novel coronavirus appeared, many American families were falling behind on student loans, auto loans, credit cards and other payments. America’s debt overhead was pricing its labor and industry out of world markets. A debt crisis was inevitable eventually, but covid-19 has made it immediate.
Massive social distancing, with its accompanying job losses, stock dives and huge bailouts to corporations, raises the threat of a depression. But it doesn’t have to be this way.
History offers us another alternative in such situations: a debt jubilee. This slate-cleaning, balance-restoring step recognizes the fundamental truth that when debts grow too large to be paid without reducing debtors to poverty, the way to hold society together and restore balance is simply to cancel the bad debts.
The word “Jubilee” comes from the Hebrew word for “trumpet” — yobel. In Mosaic Law, it was blown every 50 years to signal the Year of the Lord, in which personal debts were to be canceled.
The alternative, the prophet Isaiah warned, was for smallholders to forfeit their lands to creditors: “Woe to you who add house to house and join field to field till no space is left and you live alone in the land.”
When Jesus delivered his first sermon, the Gospel of Luke describes him as unrolling the scroll of Isaiah and announcing that he had come to proclaim the Year of the Lord, the Jubilee Year.
Until recently, historians doubted that a debt jubilee would have been possible in practice, or that such proclamations could have been enforced.
But Assyriologists have found that from the beginning of recorded history in the Near East, it was normal for new rulers to proclaim a debt amnesty upon taking the throne. Instead of blowing a trumpet, the ruler “raised the sacred torch” to signal the amnesty.
It is now understood that these rulers were not being utopian or idealistic in forgiving debts. The alternative would have been for debtors to fall into bondage.
Kingdoms would have lost their labor force, since so many would be working off debts to their creditors. Many debtors would have run away (much as Greeks emigrated en masse after their recent debt crisis), and communities would have been prone to attack from without.
The parallels to the current moment are notable. The U.S. economy has polarized sharply since the 2008 crash. For far too many, their debts leave little income available for consumer spending or spending the national interest.
In a crashing economy, any demand that newly massive debts be paid to a financial class that has already absorbed most of the wealth gained since 2008 will only split our society further.
This has happened before in recent history — after World War I, the burden of war debts and reparations bankrupted Germany, contributing to the global financial collapse of 1929-1931. Most of Germany was insolvent, and its politics polarized between the Nazis and communists. We all know how that ended.
America’s 2008 bank crash offered a great opportunity to write down the often fraudulent junk mortgages that burdened many lower-income families, especially minorities. But this was not done, and millions of American families were evicted.
The way to restore normalcy today is a debt write-down. The debts in deepest arrears and most likely to default are student debts, medical debts, general consumer debts and purely speculative debts.
They block spending on goods and services, shrinking the “real” economy. A write-down would be pragmatic, not merely moral sympathy with the less affluent.
In fact, it could create what the Germans called an “Economic Miracle” — their own modern debt jubilee in 1948, the currency reform administered by the Allied Powers.
When the Deutsche Mark was introduced, replacing the Reichsmark, 90 percent of government and private debt was wiped out. Germany emerged as an almost debt-free country, with low costs of production that jump-started its modern economy.
Critics warn of a creditor collapse and ruinous costs to government. But if the U.S. government can finance $4.5 trillion in quantitative easing, it can absorb the cost of forgoing student and other debt.
And for private lenders, only bad loans need be wiped out. Much of what would be written off are accruals, late charges and penalties on loans gone bad. It actually subsidizes bad lending to leave them in place.
In the past, the politically powerful financial sector has blocked a write-down. Until now, the basic ethic of most of us has been that debts must be repaid. But it is time to recognize that most debts now cannot be paid — through no real fault of the debtors in the face of today’s economic disaster.
The coronavirus outbreak is serving as a mind-expansion exercise, making hitherto unthinkable solutions thinkable. Debts that can’t be paid won’t be. A debt jubilee may be the best way out.
https://michael-hudson.com/2020/03/corona-debt-jubilee/
~~~*~~~
Economic collapse, massive stimulus and massive debt
The Duran
“Gigantic, enormous, way out of control.”
The Duran Quick Take: Episode 517.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the US and UK stimulus plans, as both countries face an economic collapse due to the Covid-19 lockdown.
[https://www.youtube.com/watch?v=EcvO_Mx1shY]
Martial Law
The jew mass media attempt to terrorize, paralyze and destroy the American people will eventually come to an end.
Cronenberg’s “Rabid” now showing on jews’ “movie” channel, featuring their playbook for the COYID scam.
It sure smells like the jewish bankers (counterfitures) who sit on their butts and print money out of thin air, and then charge the world interest on what is essentially counterfeit money, have found a way to put national and state governments into an enormous debt, that will have to be paid off over time by the taxpayers meaning you.
You have to give them credit. The level of treachery they practice goes far beyond human imagination. Maybe they aren’t human?
@KathJuliane
Regarding Michael Hudson’s Corona Debt Jubilee, that is so true. Again I say, 2020 would be a good year to reintroduce the Jubilee Year.
Of course, the government lacks 20:20 vision, and prefers to use band-aids to patch the financial woes of the downtrodden.
But Jesus says, “Beware of the scribes, who desire to go around in long robes, love greetings in the marketplaces, the best seats in the synagogues, and the best places at feasts, who devour widows’ houses, and for a pretense make long prayers. These will receive greater condemnation.” (Mark 12: 38-40; Luke 20:46-47)
Craping their own nest as throughout history. Will the the normies ever figure it out?
“Joel Freedman bought Philadelphia’s Hahnemann University Hospital, which primarily served low-income residents, along with St. Christopher Children Hospital, in 2018 for a total of $170 million.
Despite community protests that captured national attention, he shuttered it in September, hoping to turn a profit by selling the building, possibly to turn it into luxury condos. Amid the coronavirus pandemic, city officials said they could not afford Freedman’s offer for the building, which he said was a fraction of market value.
They were negotiating its use until last week, when they said Freedman’s offer to rent the building to the city for just under $1 million a month, including necessary improvements and expenses was “unreasonable.”’
continued
https://www.nytimes.com/2020/03/27/us/coronavirus-philadelphia-hahnemann-hospital.html
Thank you “Perspective” for posting some reality.
This is a flu or cold, that’s all. Let’s hope the people regain their senses soon.
What is real is economic loss and panic buying. I’ve also personally observed minority groups stocking up on weapons, ammunition, and other essential supplies.
I receive several foreign news channels via satellite and China is boasting about their booming economy mocking the Western Christian world through their Communist state run media outlet CNC.
Vid tomorrow, will be doing it on “COVID.”
Stay tuned. +bn
Jews are nothing without Satan!
Really, that’s where the easy deal is.
The Jews should just reject the easy deal.
The Ratess, Nancy Piglosi to head up a Corona Virus investigative panel. Hah, really.
Wow, she acted fast to claim that position. I wonder why?
Jew York City suffers much higher than Calif.
Looks like someone forgot to wipe their feet & wash their hands before returning home.
OR could it be that this disease is jew-prejudice? Oh if only!
Soy estudiante de Instituto de las Licensiados de Monterrey. Sorry, no english speak poor.
Senor, hay muchos problemas aqui, sur de la frontera, en Monterrey. Muchos personas mueren con dolore in las cuerpos y corazones.
Tan quidado con salu de Usted. Quero escapar este pessadilla, es muy malo aqui.
Via con Dios, Senor.
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I am a student at the Monterrey Institute of Licensia. Sorry, no English speak poor.
Sir, there are many problems here, south of the border, in Monterrey. Many people die with pain in the bodies and hearts.
So taken care of with you. I want to escape this nightmare, it is very bad here.
Go with God, Sir.
The Deutsche people and the Fuhrer created the economic miracle in the 1930’s, while the rest of the world wallowed in the jew induced “Great Depression.”
The invading war criminals, who attempted to destroy the Deutsche people at the behest of their jew controllers, including the Red Communists, failed to destroy the innate spirit and intelligence of the people who once again are the economic engine of a continent.
“The more things change, the more they stay the same.” (Jean-Baptiste Alphonse Karr, 1808-1890)
“What has been will be again, what has been done will be done again; there is nothing new under the sun.” (Ecclesiastes 1:9 NIV)
Brother Nathanael,
Why are Israelis being required to get the deadly jab?
If Jews are the chosenites, why are they being sacrificed in this way?