Jim’s Mailbox

Posted at 9:27 AM (CST) by & filed under Jim's Mailbox.

From our friend Robert, a set of eyes from outside of the US.

Bill

Democrats’ ‘Star Witness’ Admits He Wasn’t On Trump-Ukraine Call, Sole Source Was NY Times
November 6, 2019

House Democrats have released the latest in the series of heavily-redacted transcripts of the secret hearings they had undertaken in recent weeks – that of Bill Taylor – the top US diplomat in Ukraine – ahead of his public testimony next week.

As The Hill notes, Taylor is viewed as a key witness who previously testified in meticulous detail about what he considered an effort by Trump and his allies to pressure Ukraine into opening investigations that would benefit Trump politically.

In leaked copies of his 15-page opening statement, Taylor voiced concerns that the Trump administration had withheld nearly $400 million in aid as leverage to get Ukrainian President Volodymyr Zelensky to open investigations into interference in the 2016 election and former Vice President Joe Biden, one of his leading 2020 political rivals.

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Bill/Jim,

If what we are seeing moves forward, we may be witnessing the “Unwinding” of the criminal element…

JB

Dangerous Liaisons: New York Fed and JPMorgan’s Incestuous Relationship
November 6, 2019

The Federal Reserve Bank of New York (New York Fed) is just one of the 12 regional Federal Reserve banks around the country. But it has amassed enormous powers for itself since the Federal Reserve was created in 1913. Three of those powers dwarf all others: the ability to create money electronically at the push of a button; the accepted right to meddle in the markets; and the supervision of some of the largest bank holding companies in America.

After Wall Street blew itself up under the indulging and incompetent supervision of the New York Fed in 2008 and it was exposed that the Fed had secretly created $29 trillion in electronic money to bail out zombie banks – most of that funneled out by the New York Fed – most rational folks would have assumed that Congress would have stripped it of supervisory and money-printing powers for bailouts. Insanely, that did not happen and here we are today with the same deeply-conflicted New York Fed creating its own money to dole out $690 billion a week in super-cheap loans to unnamed securities firms while buying up $60 billion a month in the debt of the United States. (The Fed doesn’t want you to call the $60 billion a month QE4 because that would strongly suggest that this is just Stage II of the continuing 2008 bailout of Wall Street and that QE-Infinity is coming.)

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