In The News Today

Posted at 9:19 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Quite significant, the narrative is unravelling. Should be pretty easy from here, follow the money but will they? Is it the deal breaker in the “confidence department”?

Military Documents About Gain of Function Contradict Fauci Testimony Under Oath
January 10, 2022

[WASHINGTON, D.C. – Jan. 10, 2022] Project Veritas has obtained startling never-before-seen documents regarding the origins of COVID-19, gain of function research, vaccines, potential treatments which have been suppressed, and the government’s effort to conceal all of this.

The documents in question stem from a report at the Defense Advanced Research Projects Agency, better known as DARPA, which were hidden in a top secret shared drive.

DARPA is an agency under the U.S. Department of Defense in charge of facilitating research in technology with potential military applications.

Project Veritas has obtained a separate report to the Inspector General of the Department of Defense written by U.S. Marine Corp Major, Joseph Murphy, a former DARPA Fellow.

The report states that EcoHealth Alliance approached DARPA in March 2018, seeking funding to conduct gain of function research of bat borne coronaviruses. The proposal, named Project Defuse, was rejected by DARPA over safety concerns and the notion that it violates the basis gain of function research moratorium.

According to the documents, NIAID, under the direction of Dr. Fauci, went ahead with the research in Wuhan, China and at several sites across the U.S.

Dr. Fauci has repeatedly maintained, under oath, that the NIH and NAIAD have not been involved in gain of function research with the EcoHealth Alliance program. But according to the documents obtained by Project Veritas which outline why EcoHealth Alliance’s proposal was rejected, DARPA certainly classified the research as gain of function.

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Bill Holter’s Commentary

Did “Covid” conveniently save the financial system…for now?

Wall Street Banks Have an Alibi for their $11.23 Trillion in Emergency Repo Loans from the Fed – It’s a Doozy
January 6, 2022

From September 17, 2019 through July 2, 2020, the trading units of the Wall Street megabanks (both domestic and foreign) took a cumulative total of $11.23 trillion in emergency repo loans from the Federal Reserve. The loans were conducted by one of the 12 regional Fed banks, the Federal Reserve Bank of New York – which is literally owned by megabanks, including JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley and others.

The New York Fed is also responsible for sending its bank examiners into these same banks to make sure they aren’t plotting some evil scheme that will bring down the U.S. economy, as they did with their derivatives and subprime debt bombs in 2008. Unfortunately, if a New York Fed bank examiner doesn’t listen to the “relationship managers” at the New York Fed, and insists on giving a negative review of a megabank, she can find herself fired, as New York Fed bank examiner and attorney Carmen Segarra found when she went up against Goldman Sachs. Segarra provides a fascinating look inside the New York Fed in her book, Noncompliant: A Lone Whistleblower Exposes the Giants of Wall Street. (For mind-numbing other conflicts at the New York Fed, see our report here.)

As we’ve been reporting this past week, there’s been a complete mainstream media news blackout on the names of the banks that were feeding at the Fed’s repo loan trough. The New York Fed released the names of the banks and the amounts they borrowed for the last quarter of 2019 a week ago Thursday, and yet all those Fed watchers at Bloomberg News, the Wall Street Journal, the New York Times, Financial Times, CNBC, MarketWatch, and Reuters just can’t seem to bring themselves to publish even 100 words on the subject.

Banks were borrowing huge sums over short spans of time from the Fed’s emergency repo facility. As we previously reported, from November 12 through November 25, 2019 – a span of just 14 days – J.P. Morgan Securities, the trading unit of the megabank JPMorgan Chase, pancaked term repo loans ranging from 14-days to 42-days, together with one overnight loan, to amass a total of $30 billion outstanding at one time. (You can download the data from the New York Fed at this link, as well as the data it previously released for the last 14 days of September 2019 in its Q3 2019 release.)

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Bill Holter’s Commentary

How many more “conspiracy theories” need to bite the dust of actual truth until people wake up and realize it is and has been ALL BULLSHIT?


It Turns Out that, If You Doubted COVID’s Deadliness, You Were Correct
January 11, 2022
Something peculiar has become clear over the last two years: leftists seem to enjoy the COVID panic. For them, it started with the camaraderie of lockdowns and morphed in the smug self-righteousness of the masks and vaccinations, all made shiveringly delicious with that soupçon of fear that pairs well with totalitarian mandates. CDC director Dr. Rochelle Walensky’s appearance on Monday’s Good Morning America, however, may destroy that delightful emotional castle in which leftists have immured themselves. It turns out that most vaccinated people no longer need fear imminent death.

It’s been very weird for those of us who have maintained some degree of objectivity about the whole COVID uproar to see leftists maintain their high degree of terror about COVID despite their being vaccinated and boosted. JP Sears perfectly captures the illogical combination of fear and the lust for power that has seen the leftists ramp up their paranoia even as omicron proves to be innocuous and they’re madly injecting mRNA treatments into their bodies:

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