Jim’s Mailbox

Posted at 10:14 AM (CST) by & filed under Jim's Mailbox.

A major prediction of years is that the most endangered specie on the planet are retired mature citizens. According to the New York Times there has been a 204% INCREASE in BANKRUPTCY filings for Americans age 65 and older.

The plan to cull the elderly by the Elite is alive and well.

Jim

 

You’re damn right JB!  I am shocked the double standard is faltering, is this a sign of things to come?

Bill

Well now, there’s a change worth noting…

JB

New Hampshire Democrats Remove Bill Clinton’s Name From Annual Dinner
August 8, 2018

New Hampshire Democrats have removed the names of two powerful political families from their annual dinner. The ‘Kennedy-Clinton’ dinner is no more, with the party instead opting to name the event after Eleanor Roosevelt.

The name change is two-fold for the party – it will honor the former First Lady and diplomat while allowing Democrats to distance themselves from two notorious womanizers in the #MeToo era.

It had been named in honor of John F. Kennedy and Bill Clinton.

“We are proud to honor Eleanor Roosevelt, a woman revered around the world for her bold leadership and tireless efforts to create justice,” State party chairman Raymond Buckley claimed without addressing those names which were removed.

“She dedicated her life to helping all hard-working Americans and all those who needed a champion,” he added.

More…

 

Jim/Bill,

Just another reason for foreigners NOT to own US Dollars.

Your neighbor is now President of the United States, so please, move your building or we’ll confiscate it!

Now, wait till China confiscates Apple in the mainland!

“- response from Beijing, with the most likely scenario to follow would be for China to make life for companies that produce their goods on the mainland – such as Apple – increasingly difficult, “

CIGA Wolfgang Rech

Trump Set To Seize Stake In China-Owned Building In Midtown Manhattan: Report
August 9, 2018

In what would mark an abrupt and serious escalation of the US-China trade and currency war – if true – is a report from the NY Post according to which the Trump administration, as part of a crackdown on certain US investments made by Chinese companies, is set to seize a majority stake in 850 Third Ave. The stake is owned by HNA, the reeling, quasi-insolvent Chinese conglomerate whose Chairman died in a freak accident in Italy one month ago, and its US partner in the building is desperate to save it.

The “strike” on the HNA building, which is located between East 51st and 52nd streets, has been in the works for months according to the Post and “is believed to be the first move by the Trump White House since Congress on Aug. 1 approved expanded authority of CFIUS — the Committee on Foreign Investors in the United States.”

“This is coming from the White House,” said a source said of the seizure that could ultimately force the sale of HNA’s stake in the 575,000-square-foot building. As a reminder, as part of the CFIUS expansion, it now has purview over foreign real estate interests.

Under the purview of the CFIUS authority, a “security pretext” needs to exist for direct government involvement, and in this case the seizure is tied to a “specific national security concern”: the NYPD’s 17th Precinct is located on the ground floor on the south side of the building. Officers from that precinct, at times, are detailed to protect Trump Tower.

The 58-year-old building, once removed by CFIUS from Chinese hands, sources said, will be placed in a trust. A trustee will then be appointed, and it may eventually be sold — although no sales process is underway.

While HNA could fight the seizure in a court battle that could take years to sort out, Post sources said.

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What by Skype? Courtesy of JB.

Jim

US Senate Intelligence Committee calls Julian Assange to testify – WikiLeaks
August 9, 2018

The US Senate Intelligence Committee has requested that persecuted WikiLeaks editor Julian Assange testify before committee staff. The committee is investigating alleged Russian interference in the 2016 election.

In a letter delivered to Assange at his residence in the Ecuadorian embassy in London, committee chairman Richard Burr (R-North Carolina) requested that Assange make himself available for a closed interview “at a mutually agreeable time and location.”

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Now $50,000 gold does not sound that outlandish?

Jim

Race to the bottom gentlemen and this only the beginning, more currencies to follow.

GG

Gold In Venezuela Has Gone Up 3,100,000% Since January (And The Price Doubles Every 18 Days)
August 9, 2018

by Frank Holmes of US Funds

In extreme cases of inflation and hyperinflation such as the case of Venezuela right now, gold can literally help save lives. Here’s why…

Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped nearly 87,000 percent, according to Bloomberg’s Café Con Leche Index. And you thought Starbucks was expensive.

But that was July. Prices in Venezuela are doubling roughly every 18 days. The International Monetary Fund (IMF) now projects inflation to hit an astronomical 1 million percent by the end of this year. This puts the beleaguered Latin American country on the same slippery path as Zimbabwe a decade ago and Germany in the 1920s, when a wheelbarrow full of marks was barely enough to get you a loaf of bread.

Venezuela’s socialist president Nicolas Maduro—who only this past weekend survived an assassination attempt involving several explosive-laden drones—announced recently that the country plans to rein in hyperinflation by lopping off five zeroes from its currency. If you recall, Zimbabwe similarly tried to combat soaring prices of its own by issuing a cartoonish $100 trillion banknote—which in 2009 was still not enough to buy a bus ticket in the capital of Harare.

More…