When The S*** Hits the Fan

#CIA-Backed Artificial Intelligence #Palantir Firm To Spy on #WallStreet Traders

April 28, 2016 by jake anderson

 

Jake Anderson
April 27, 2016

(ANTIMEDIA) — Swiss multinational bank, Credit Suisse, will collaborate with data analysis firm, Palantir, to launch a trader surveillance program. According to Bloomberg’s Jeffrey Voegeli, the joint venture, called Signac, aims to catch rogue Wall Streeters engaged in illegal trading. It comes in the wake of a number of trading scandals in recent years that have cost banks billions of dollars.

Palantir was co-founded by Peter Thiel and seed-funded by the CIA. The company was funded in part by In-Q-Tel Inc., the venture capital investment arm of the CIA that has a long, symbiotic history with startups, the NSA, the FBI, and DARPA. In fact, In-Q-Tel specifically funds tech start-ups “to advance ‘priority’ technologies of value” in the intelligence community. The group has ties to Donald Rumsfeld’s Total Information Awareness initiative and is believed by some to have worked closely with Google in its earliest years.

Palantir itself has lived in the shadows since its 2004 inception, working primarily to create a proprietary data mining system used by law enforcement agencies, finance firms, and security companies to isolate criminality. For example, Palantir’s software was used to analyze the troves of millions of documents related to the Bernie Madoff scandal.

Palantir has an extensive relationship with the U.S. government, and includes among its clients the CIA, DHS, NSA, FBI, the CDC, the Marine Corps, the Air Force, Special Operations Command, West Point, the Joint IED-defeat organization and Allies, the Recovery Accountability and Transparency Board, and the National Center for Missing and Exploited Children.

Another client is the Los Angeles Police Department. A leaked document from 2013 included a quote from Sergeant Peter Jackson, who said Palantir’s technology is allowing the LAPD to become more efficient.

The new trader surveillance co-venture comes at a time when Credit Suisse finds itself in dire straits. After adhering to a so-called Pursuit of Revenue “At All Costs” policy, the company now finds itself facing $90 billion of distressed debt and rampant illiquidity.

Now bank executives view the problem as stemming largely from rogue traders, and believe Signac will help them turn things around. Signac will use algorithmic artificial intelligence to monitor unauthorized trades.

It is perhaps worth noting that Signac will monitor internal transactions that harm Credit Suisse – not any of the myriad transgressions made by the financial industry at large, such as the kinds of predatory lending we saw prior to the Great Recession. We may have to wait for a larger, more aggressive artificial intelligence presence for that kind of oversight.


This article (CIA-Backed Artificial Intelligence Firm To Spy on Wall Street Traders) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to Jake Anderson and theAntiMedia.org. Anti-Media Radio airs weeknights at 11pm Eastern/8pm Pacific. If you spot a typo, email edits@theantimedia.org.

 

From theantimedia.org Team

Filed Under: Uncategorized Tagged With: AI, Business, CDC, CIA, Corporatocracy, Credit Suisse, dhs, fbi, Government Accountability, Madoff, News, NSA, Palantir, signac, Technology, wall street

Pay Attention To The #Economy Right Now, Because A Disturbing Series Of Events Seems To Be In Motion

April 20, 2016 by contributing author

theendisnear-wide

This article was written by Daisy Luther and originally published at her TheOrganicPrepper.ca site.

Editor’s Comment: Stability is paper thin, an illusion, a coyote over a cliff. The big banks on Wall Street have seized even greater power since the 2008 and collapse and are poised to consolidate the balance in the wake of the coming “third wave,” as Goldman Sachs recently warned in its own ominous statements.

For preppers, and anybody with a head on their shoulders, staying informed will mean staying ahead of the curve. The insiders at the top know the right moment to pull out their money, but the rest of us don’t. In the absence of privileged information, we can avoid the obvious traps, and hedge ourselves against some of the worst potential repercussions. But the truth is, this next wave could mean wipe out for tens of millions.

Economic Collapse? Fed Issues an Ominous Warning to JPMorgan Chase and Leaders Flock to Secret Meetings

by Daisy Luther

Tick. Tock.

Do you hear that? It’s the clock on the time bomb, and it appears to be ticking relentlessly toward our economic collapse.

It seems like every day, there is a new threat to the financial well-being of the disappearing middle class in America. Of course, less affected are the members of Congress and their buddies on Wall Street. You know, the ones that put the politicians in office to get favorable decisions made on their behalf in Washington.

But if you happen to have been ignoring the folks Obama calls “peddlers of fiction” who have been warning us all of an impending economic crisis along the lines of the last financial collapse, you might want to pay attention now, because a disturbing series of events is in motion.

First of all, the Fed just issued a terrifying warning to the biggest bank in the country.

Finally, the Fed has admitted that we just can’t take another hit without incurring an epic disaster.

And by “admitted” I mean they’ve issued a chilling warning to JP Morgan Chase, the biggest bank in America.

The letter is addressed to Teflon-coated Jamie Dimon, the leader of the bank (who seems to have made a deal with the Devil to become completely immune to prosecution, no matter what he does.)

It is 19 pages and heavily redacted, but here are some excerpts that should send a chill down your spine. The emphasis is mine.

The Agencies also identified a deficiency in the 2015 Plan regarding the criteria for a rational and less-complex legal entity structure. In order to substantially mitigate the risk that JPMC ‘s material financial distress and failure would have systemic effects, JPMC should ensure that its legal entity structure promotes resolvability under the preferred resolution strategy across a range of failure scenarios. Flexibility—or “optionality”—within the resolution strategy helps mitigate risks that, if not overcome, could otherwise undermine successful execution of the strategy and, more broadly, pose serious adverse effects to the financial stability of the United States.

Then there’s this:

These divestiture options do not appear to provide sufficient optionality under different market conditions.

The divestiture options in the 2015 Plan also were not sufficiently actionable, as the 2015 Plan sections fore did not contain detailed, tailored, and complete separability analyses. For example, only one obstacle to divestiture to the [redacted] key vendor contracts was adequately analyzed; the analysis of the other key obstacles cited regulatory approvals, client communications [redacted]

This is also concerning:

JPMC does not have an appropriate model and process for estimating and maintaining sufficient liquidity at, or readily available to, material entities in resolution (RLAP model). This is notable given J?MC’s liquidity profile in its 2015 Plan, which relies on the firm’s ability to shift substantial amounts of liquidity around the organization during stress, as needed. As explained below, JPMC’s liquidity profile is vulnerable to adverse actions by third parties.

Even without a degree in finance, I know this is bad:

JPMC’s 2015 Plan relied on roughly  of parent liquidity support being injected into various material entities, including its U.S. broker-dealers, during the period immediately preceding JPMC’s bankruptcy filing. This includes reliance on funds in foreign entities that may be subject to defensive ringfencing during a time of financial stress.

Here’s the long and the short of it:

Every year, large banks must create a contingency plan that explains what they’ll do if they begin to go under. The biggest bank in the country has such a lackluster, half-baked plan that the Fed called them out on it for 19 pages and warns that their nonchalance could be responsible for the financial instability of the entire country.

PS: Since this isn’t my first rodeo, I downloaded the entire PDF. It’s funny  how things have a way of disappearing off the internet when the mainstream media wants to ignore them.  You can download it yourself too at this link:

Living-Will-Letter-Issued-to-JPMorgan-Chase

JPMorgan Chase is not alone.

But they’re not the only ones.

Bank of America and Wells Fargo also saw their contingency plans rejected. Zero Hedge reports:

Three of the five largest U.S. banks (JPMorgan Chase, Bank of America and Wells Fargo) have now had their wind-down plans rejected by the Federal agency insuring bank deposits (FDIC) and the Federal agency (Federal Reserve) that secretly sluiced $13 trillion in rollover loans to the insolvent or teetering banks in the last epic crisis that continues to cripple the country’s economic growth prospects.

Are all three banks going down?

But that isn’t even the scariest part.

In case you think it’s just a normal day at the Fed…It isn’t just these warning letters that should make you pay attention. At the risk of sounding like I’m selling Ginsu knives, there’s more.

The Great Recession Blog posted a bullet list that should blow your mind when taken in conjunction with the news above. (Be sure to read the full article – it goes into a lot more detail.) It seems that there’s enough concern to spark a flurry of secret meetings among those in power.

  • The Federal Reserve Board of Governors just held an “expedited special meeting” on Monday in closed-door session.
  • The White House made an immediate announcement that the president was going to meet with Fed Chair Janet Yellen right after Monday’s special meeting and that Vice President Biden would be joining them.
  • The Federal Reserve very shortly posted an announcement of another expedited closed-door meeting for Tuesday for the specific purpose of “bank supervision.”
  • A G-20 meeting of finance ministers and central-bank heads starts in Washington, DC, on Tuesday, too, and continues through Wednesday.
  • Then on Thursday the World Bank and the International Monetary Fund meet in Washington.
  • The Federal Reserve Bank of Atlanta just revised US GDP growth for the first quarter to the precipice of recession at 0.1%.
  • US banks are widely expected this week to report their worst quarter financially since the start of the Great Recession.
  • The European Union’s new “bail-in” procedures for failing banks were employed for the first time with Austrian bank Heta Asset Resolution AG.
  • Italy’s minister of finance called an emergency meeting of Italian bankers to engage “last resort” measures for dealing with 360-billion euros of bad loans in banks that have only 50 billion in capital.

How does this affect you?

Maybe you think this won’t affect you. Maybe you don’t have an account with anyone affiliated with JP Morgan Chase, BofA, and Wells Fargo. Maybe you aren’t an investor. Maybe you don’t have real estate. Maybe you are absolutely certain, without a shadow of a doubt, that your job is secure. Perhaps you have money in the bank, or maybe not – maybe you keep it stuffed in your mattress.

The trouble is, the money you are working overtime to make, the security you feel that you have by saving it…it’s perceived value can be completely wiped out by a financial crisis that occurs on a national level. That’s because if a huge bank like JPMC fails, lots of other companies fail with it. Then this stuff happens:

  • Prices will go up. We’ve seen an almost unprecedented increase in the price of food over the past couple of years, even as the quality of the food available plummets. This is due to massive droughts, early freezes, and basic cost-of-living increases.
  • Unemployment will go up.  Those without jobs now are equal to the number of unemployed during The Great Depression. As the economy plummets, that number will almost certainly exceed the previous highs as businesses scramble to keep their heads above water. They’ll cut stuff to try and keep afloat, and if that fails, the jobs will be lost anyway.
  • Rents will increase.  If you don’t own your home, prepare to pay higher rent as landlords try to cover their losses of income in other sectors. Foreclosures will be on the rise, which means there will be fewer homes available.
  • Bail-ins could dip into your savings.  Remember a few years ago when depositors in Cyprus could do nothing when the banks there helped themselves to their savings in order to “save” themselves? Do you really, truly, think it can’t happen here?

The bottom line is, income will remain the same, decrease, or even disappear entirely for many of us.  Meanwhile, the price of darn near everything will go up.  Expect to pay more for things like keeping your utilities on, feeding and clothing your family, keeping a roof over your heads. Aside from that, those dollars you are carefully saving? They are only providing you with the illusion of security.

Aside from that, those dollars you are carefully saving? They are only providing you with the illusion of security.

Here’s what you need to do

Here’s what you need to do immediately in the event of either a market crash or further news of a bank failure. (Of course, if you wait until a bank failure has been announced, you may have waited too long.)

  • Take your money out of the bank ASAP.  If you still keep your money in the bank, go there and remove as much as you can while leaving in enough to pay your bills. Although it wasn’t a market collapse in Greece recently, the banks did close and limit ATM withdrawals.  People went for quite some time without being able to access their money, but were able to have a sense of normalcy by transferring money online to pay bills or using their debit cards to make purchases.  Get your cash out. You don’t want to be at the mercy of the banks.
  • Stock up on supplies.  Make sure you are prepped. If you’re behind on your preparedness efforts and need to do this quickly, you can order buckets of emergency food just to have some on hand. (Learn how to build an emergency food supply using freeze dried food HERE) Hit the grocery store or wholesale club and stock up there, too, on  your way home. As mentioned above, if you can’t get your money out, you may be able to make online or debit card purchases.
  • Load up on fuel.  Fill up your gas tank and fill your extra cans also. Quite often, fuel prices skyrocket in the wake of a market crash.
  • Be prepared for the potential of civil unrest. If the banks put a limit on withdrawals (or close like they did in Greece) you can look for some panic to occur. If the stores dramatically increase prices or close..more panic. Be armed and be prepared to stay safely at home. (Although this article was written during the Ferguson race riots, civil unrest follows a similar pattern regardless of the cause.)
  • Be prepared for the possibility of being unable to pay your bills. If things really go downhill, the middle class and those who are the working poor will be the most strongly affected, as they have been in Greece during that country’s ongoing financial crisis.  This article talks about surviving if you are unable to pay all of your bills.

For the long term, focus on information

Hopefully there’s no need to empty out your bank accounts, stock up on last minute supplies, or lock-and-load for home protection. However, if this is an actual 1929/2008-style stock market crash, you need to take your preps to the next level. If you can’t buy your necessities, you’re going to have to produce them, something that is a complete turnaround for most folks.

Information is the key. It’s imperative that you learn everything you can so that you know what you need to add to your preps. As well, it’s essential to acquire the knowledge you need to fend for yourself. Take these two steps, if you haven’t already.

#1.  Bookmark these preparedness websites. (Free)

The internet is a wonderful place, and best of all, this knowledge can be found for FREE! The more you know about crisis situations, the more ready you will be to face them. Some sites are friendlier to beginners than others, so if you stumble upon a forum where people seem less than enthusiastic about helping people who are just starting out, don’t let it get you down. Move on and find a site that makes you feel comfortable. Following are some of my favorites, and the link will take you to a good starting point on these sites. In no particular order:

Following are some of my favorites, and the link will take you to a good starting point on these sites. (Actually, it’s wise to begin increasing your knowledge even if we get a reprieve.) In no particular order:

  • The Organic Prepper (obviously!)
  • Backdoor Survival
  • Ready Nutrition 
  • Graywolf Survival
  • SHTFplan
  • Underground Medic
  • Survival Blog
  • The Survival Mom
  • Herbal Prepper
  • Prepper Website

#2.  Build your library. (Small expense)

This is where some money could come into play. Most of the time, people in the preparedness world like to have hard copies of important information. This way, if the power goes out and you can’t access the internet or recharge your Kindle, you still have access to vital advice.

Some of these books are for just such an event, while others are guides to building your self-reliance skills.  Commit to picking up a good book each pay period until you have a library to reference during any type of scenario.

  • The Prepper’s Blueprint: The Step-By-Step Guide To Help You Through Any Disaster (This is the be-all and end-all Bible of prepping.  I wish I could put my own book first, but Tess’s book is the most complete compendium out there, broken into easy, manageable steps.)
  • The Pantry Primer: A Prepper’s Guide to Whole Food on a Half-Price Budget (This is my newest book, which outlines building your pantry while on a strict budget)
  • The Complete Tightwad Gazette (While this book is about hardcore frugality, trust me, there’s crossover. There are a lot of great suggestions for creating stockpiles on a budget, living simply, and doing things the old-fashioned way. And saving money is always a good idea, so that you can use it to help you become more prepared.)
  • SAS Survival Guide: How to Survive in the Wild, on Land or Sea  (I keep this little gem in my vehicle, my bug out bag, and in my kids’ backpacks. It doesn’t go into lots of detail, but if you find yourself stranded in the middle of nowhere, this small book could save your life.)
  • The Encyclopedia of Country Living, 40th Anniversary Edition: The Original Manual of Living Off the Land & Doing It Yourself(A compendium of all things self-reliance)
  • Prepper’s Home Defense: Security Strategies to Protect Your Family by Any Means Necessary (If you can’t protect it, you don’t own it. It’s that simple.)
  • How to Survive the End of the World as We Know It: Tactics, Techniques, and Technologies for Uncertain Times (By James Wesley Rawles, who many consider to be the “Father” of the modern preparedness movement)
  • The Prepper’s Pocket Guide: 101 Easy Things You Can Do to Ready Your Home for a Disaster (Quick, inexpensive preparedness steps that anyone can take)
  • The Survival Medicine Handbook: A Guide for When Help is Not on the Way (It’s vital to have a guide on hand that doesn’t rely on 911 for serious injuries, in the event that you’re completely on your own)
  • The Organic Canner (It’s awesome to grow your food, but how will you make it last through the winter, particularly during an off-grid scenario?)
  • Prepper’s Natural Medicine: Written by my friend and colleague, Cat Ellis, this book has everything you need to know about creating your own medicine and caring for your family’s health in the event of a crisis.
  • Get Prepared Now: Written by the autor of The Economic Collapse Blog himself, this book will provide you with budget-friendly, practical, collapse-specific advice.
  • Prepper’s Financial Guide: By prolific author Jim Cobb, this book will help you figure out how to function in a post-collapse marketplace.

Be sure to check out used bookstores, libraries, and garage sales, too. Look for books that teach self-reliant skills like sewing, gardening, animal husbandry, carpentry, repair manuals, scratch cooking, and plant identification. You can often pick these up for pennies, and older books don’t rely on expensive new technology or tools for doing these tasks.

Have they finally kicked the can to the end of the road?

Things aren’t looking good. It makes me wonder if all of the quantitative easing and can-kicking has finally reached the point that they can’t push economic disaster back any further.


The Pantry Primer

Please feel free to share any information from this article in part or in full, giving credit to the author and including a link to The Organic Prepper and the following bio.

Daisy Luther is the author of The Pantry Primer: A Prepper’s Guide To Whole Food on a Half Price Budget.  Her website, The Organic Prepper, offers information on healthy prepping, including premium nutritional choices, general wellness and non-tech solutions. You can follow Daisy on Facebook and Twitter, and you can email her at daisy@theorganicprepper.ca


Also From Daisy Luther:

The Prepper’s Blueprint: A Step-By-Step Guide To Prepare For Any Disaster

Here’s How You’ll Die When the SHTF (and How to Prevent Your Untimely Demise)

How to Prepare for a Cyber Attack: ‘These Systems Could Be Completely Inoperable or Breached’

San Andreas for Preppers: 12 Essential Survival Lessons from the Movie

12 Bad Strategies That Will Get Preppers Killed

Lock and Load: Are You Prepared for Civil Unrest?

You’ve Been Warned: Why You Need to Be Ready for Total Grid Failure

SHTFplan and Mac Slavo www.shtfplan.com

Filed Under: Uncategorized Tagged With: Aftermath, banks, collapse, congress, Conspiracy Fact and Theory, derivatives, disaster, economy, epic, federal reserve, financial, frank dodd, stress test, wall street

Proof It Is Rigged: “Fed Moved 93% of Entire Stock Market Since 2008″

March 18, 2016 by mac slavo

federal-reserve-wall-street-regulation

Fact: The Federal Reserve has screwed over the country.

Monetary policy has been the single most important factor in the economy for some time.

A new analysis from economist Brian Barnier shows that while future GDP, household debt from credit cards and tech accounted for past bubbles in American history, the bubble that has risen since Obama became president is due to one – and only one – factor: the Federal Reserve.

And the private banking cartel – which masquerades as a public government institution – has become plenty controversial for its ties to elite hidden agendas and its debasement of the economy.

However, few Americans realize just how huge – and detrimental – this institution has become.

In the wake of the 2008 financial crisis, the Fed, then chaired by Ben Bernanke, began an unprecedented quantitative easing (QE) program that literally changed everything.

During the last eight years, monetary policy has completely upended the economy, and concentrated wealth into fewer and fewer hands, while making it more and more difficult for ordinary people to stay afloat. This intervention has gone way, way too far and has driven up a particularly unstable bubble that is ready to burst.

Through QE and bond purchases, the Fed managed to double the S&P 500 value, while more than doubling its own balance sheet in the process.

Yahoo! Finance reported:

The factors behind that and previous bubbles can be illuminated using simple visual analysis of a chart.

The S&P 500 (^GSPC) doubled in value from November 2008 to October 2014, coinciding with the Federal Reserve Bank’s “quantitative easing” asset purchasing program. After three rounds of “QE,” where the Fed poured billions of dollars into the bond market monthly, the Fed’s balance sheet went from $2.1 trillion to $4.5 trillion.

This isn’t just a spurious correlation, according to economist Brian Barnier, principal at ValueBridge Advisors and founder of FedDashboard.com. What’s more, he says previous bull runs in the market lasting several years can also be explained by single factors each time.

[…]
As the financial crisis reached a fevered pitch in 2008, the Federal Reserve took to flooding the financial market with dollars by buying up bonds. Simultaneously, interest rates fell dramatically, as bond yields move in the opposite direction of bond prices. Barnier sees the Fed as responsible for over 93% of the market from the start of QE until today. During the first half of 2013, the Fed caused the entire market’s growth, he said.

Barnier, who compiled this data analysis, dubbed this the “Era of the Fed” – as this ill-reputed institution has been more responsible than any other factor (including the 2008 financial crisis) for how bad the economy has gotten for average Americans, college-graduates seeking careers and small businesses.

Screen shot 2016-03-18 at 5.52.02 AM

The above chart is simplified from others before it to show that the Fed was the single most important factor during the last era – overlapping Obama’s presidency – and that a staggering 93% of the economy has been dictated by the Federal Reserve. See the Yahoo! article for more data and charts.

As many analysts have discussed before, this unprecedented intervention has distorted and warped the American experience. Savers, pensioners and investors have all take harsh blows as the interest rate held at zero and even dipped into negative – forcing some customers to pay for deposits and others to take a haircut on their life savings and retirement packages!

Read More:

“Fed Risks Triggering Panic and Turmoil”: World Bank Warns Against Raising Rates

Federal Reserve About To Do “Tremendous Amount of Damage” To U.S. Dollar

Trump Accuses Fed of Not Raising Rates Because Obama “Doesn’t Want a Bubble Burst” Until He Leaves

Ron Paul: Unless the Fed is Stopped, America Will “Soon Experience Major Economic Crisis”

SHTFplan and Mac Slavo www.shtfplan.com

Filed Under: 2016 Tagged With: 2016, Aftermath, banks, Conspiracy Fact and Theory, debt, election, Emergency Preparedness, federal reserve, interest rates, nation, obama, quantitative easing, United States, wall street

Schiff: Obama Caught “Peddling Fiction” to Hide Pre-Election Recession

March 10, 2016 by mac slavo

obama_phone_fema

Despite the extent to which the officials in the White House, and the talking heads in the media and on Wall Street deny that the economy is faltering, it is this very issue that is driving voter outrage in the direction of Trump and Bernie.

It’s the jobs, stupid!

And since Obama can’t fix it, he’s lying about it to maintain appearances.

Because so many have become so ill-adjusted to the unforgiving job market, there is great talk about why our national policy is directed towards destroying employment, income, savings and the American dream in general.

After 8 years, it is a problem that Obama may have inherited, but will now have to own.

Peter Schiff claims that:

In his seventh, and final, State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that “Anyone claiming that America’s economy is in decline is peddling fiction.”  Unfortunately for the President, more and more Americans seem to believe (with an adequate basis for proof) that the fiction is emanating from the White House.

It’s hard to imagine how anyone can really assert with a straight face that the economy is currently “strong.”

[…]

Companies have been incentivized to cut their full-time work force… The view from the street looks quite different, as workers prefer one good job to several bad ones. This is why rallies for Donald Trump and Bernie Sanders are so well-attended. The underemployed are fed up with platitudes from the elites and they flock to these outsider candidates, who seem to understand their pain.

Never mind these two as individuals, but what they represent as symbols. Americans are completely fed up with establishment – and they aren’t ready to accept being pushed back in for another round.

I don’t expect that the President will ever officially acknowledge that the economy has weakened, let alone relapsed into recession. He has walked out too far on his rhetorical branch to walk it back. As a lame duck, he really has no incentive to do so.

The Obama White House has been hiding an economic holocaust during his two terms. Symbolically elected to dispose of the mess created by George W. Bush’s administration and the economic collapse that was engulfing people already drowning in debt.

Instead, he has cheered on the illusion that “recovery” is near, while the bankers have accumulated more wealth than ever, and are waiting for the next wave of the crash to come down on the population.

Meanwhile, critics have accused Yellen – publicly very silent about policy decisions – of timing the blow of the recession.

The recession itself is presumably inevitable, but the announcement and reaction to it could change the major issues of the election cycle, and potentially swing even more votes into those camps who are running as anti-establishment. Trump has previously accused the Fed of waiting to raise rates in order to avoid embarrassing Obama:

But Janet Yellen is in a very difficult spot. If she continues to ignore the growing signs of recession, she runs the risk of letting one develop prior to the election. This would favor the Republican challenger, whether that is Donald Trump or Ted Cruz, neither of whom would be inclined to reappoint her as Fed Chairwoman if elected. Allowing the Greenspan bubble to bust on Bush’s watch sealed John McCain’s fate, allowing Obama to ride a wave of voter outrage into the White House in 2008. Yellen does not want Trump to catch a similar wave in 2016.

As a result, I expect the Fed to soften its rhetoric in the very near future.

As Schiff himself has pointed out many times before, the entire situation is made worse by the prolonged and belabored attempt at cushioning the impact. For better times to be had by all, the Fed out to stop propping up a market of speculators driving a bubble in real estate and other over-priced assets.

Since that isn’t going to happen, pay attention to the handling of the “political football” as Obama & co. try to pretend that job growth is happening and stability is here to stay.

Read more:

Trump Accuses Fed of Not Raising Rates Because Obama “Doesn’t Want a Bubble Burst” Until He Leaves

Ron Paul: Unless the Fed is Stopped, America Will “Soon Experience Major Economic Crisis”

NYT Jokes About Trump Assassination: “Good News I’ve Figured Out How Trump Campaign Ends”

SHTFplan and Mac Slavo www.shtfplan.com

Filed Under: Uncategorized Tagged With: bubble, collapse, Conspiracy Fact and Theory, crash, federal reserve, Headline News, obama, recession, stock market, trump, wall street

June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Sep    

Tags

9/11 2016 Activism Aftermath attack Business Civil Liberties clinton collapse Commodities Conspiracy Fact and Theory Corporatocracy Culture Emergency Preparedness fbi federal reserve food Food Safety Foreign Policy Freedom Geopolitics Government Accountability Government Corruption Headline News Health hillary Hillary Clinton Human Rights Justice Media Middle East News obama police Police State Politics prepping Science solutions survival Technology trump United Kingdom United States World

Categories

  • 2008 financial crisis
  • 2016
  • 2016 election
  • 2016 presidential election
  • 2016 republican primaries
  • 2nd Amendment
  • 4th amendment
  • 9/11
  • Al-Qaeda
  • amerigeddon
  • ammo
  • amnesty
  • barack obama
  • bernie sanders
  • Biotechnology
  • ISIS
  • Islam
  • islamic state
  • law
  • law enforcement
  • Uncategorized
  • wtshtf

Recent Posts

  • Ignorance is not bliss – it is oblivion. Determined ignorance is the hastiest kind of oblivion September 26, 2016
  • DM: “unrest continued after fatal shooting of black man” in Charlotte, NC September 22, 2016
  • Lots of talking and little listening September 17, 2016
  • Trump: I think that her bodyguards should drop all weapons. They should disarm, right? Take their guns away, she doesn’t want guns. September 17, 2016
  • #Apple hit with $15 billion tax bill, #EU socks it to the #poor August 30, 2016
  • Sticks and stones may break my bones but words will never harm me August 19, 2016
  • Shocking Slap In The Face: Hillary Clinton JUST HIRED Wasserman Schultz As Campaign Head! July 25, 2016
  • Crowds Boo DNC Officials, As Party Revolts Against Hillary: “They’re Angry, They’re Upset” July 25, 2016
  • Report: Mexico Wants To Build Trump’s Wall To Stop Illegal Immigration July 25, 2016
  • Salesforce.com says platform can send spam email advertising July 22, 2016
  • #Anonymous Declares War on Mainstream Media: Attacks Fox, #CNN, NBC and More June 3, 2016
  • Mourn the Death of the #UnitedStates: “Soon We Will Be Ripe For Internal #Collapse… Or A Large War” June 1, 2016
  • “There Is Something Changing In The Market” – #CEO Hints Of Massive Shortages As Tech Manufacturers Are Now Going Direct To Mining Companies In Search of #Silver June 1, 2016
  • Elite #SpecialForces Insider Warns Of Serious Civil #Unrest This Summer: “Everything Is Right For Things To Go Very Wrong” May 31, 2016
  • Shock Report: Secret Law Will Give #FBI Full Access To Your #Email Without A Warrant: “Massive Expansion of Government Surveillance Authority” May 31, 2016

Copyright © 2025 · Metro Pro Theme on Genesis Framework · WordPress · Log in

 

Loading Comments...