If you are a person of any faith, please watch this. If you are not, these students ask that you stop “prayer shaming”.
Bill
Very, VERY powerful and not a single word spoken.
This is an excellent video made in the last few weeks by high school students who don’t say a word in it.
From a Catholic high school (Archdiocese of Hartford, CT) in response to a senator’s remark about
“Where is God in all the tragedy in the world?”
The End Of Prayer Shaming from East Catholic High School on Vimeo.
Jim Sinclair’s Commentary
The latest from John Willaims’ www.shadowstats.com– U.S. Economy Is Turning Down Anew, Threatening Banking-System Stability, Likely to Roil FOMC Policy, with Sharply-Negative Impact on the U.S. Dollar and U.S. Equities, Spiking Inflation and Prices of Gold and Silver
– Major Market Turmoil Increasingly Likely in the Near Future
– Headline Economic Data in the Month Ahead Could Signal a Day-of-Reckoning at Hand
– Despite a Monthly Boost from Falling Gasoline Prices, May 2017 Real Median Household Income Was Statistically Unchanged
– Monthly New- and Existing-Home Sales Rose in May, Yet Both Series Were on Track for Second-Quarter Contractions
– May Existing-Homes Sales Down by 22.7% (-22.7%) and New-Home Sales Down by 56.1% (-56.1%) from Pre-Recession Peaks
“No. 894: Economic- and Financial-System Conditions, May Household Income and Home Sales ”
http://www.shadowstats.com
Bill Holter’s Commentary
You can bet this will soon begin to spread, hang on to your insurance!
ECB shuts down Veneto Banca and Banca Popolare di Vicenza.
June 23, 2017
When banks fail and regulators decide to liquidate them, it happens on Friday evening so that there is a weekend to clean up the mess. And this is what happened in Italy – with two banks!
It’s over for the two banks that have been prominent zombies in the Italian banking crisis: Veneto Banca and Banca Popolare di Vicenza, in northeastern Italy.
The banks have combined assets of €60 billion, a good part of which are toxic and no one wanted to touch them. They already received a bailout but more would have been required, and given the uncertainty and the messiness of their books, nothing was forthcoming, and the ECB which regulates them lost its patience.
Bill Holter’s Commentary
Three cheers for the rule of law!
Judge Acts Quickly On Claim Comey Obstructed Justice
June 23, 2017
Hearing scheduled Friday on lawsuit over buried investigation into surveillance
(WND) – A federal judge in Washington, D.C., has acted quickly in a case alleging fired FBI chief James Comey obstructed justice by burying an investigation into the mass surveillance of Americans by their government.
As WND reported, whistleblower Dennis Montgomery – who worked as a contractor for the National Security Agency, the Central Intelligence Agency and the director of national intelligence – and his lawyer, Larry Klayman of Freedom Watch, filed a request for a temporary restraining order and preliminary injunction late Monday.
By late Tuesday, U.S. District Judge Richard Leon scheduled a status conference for Friday afternoon in his Washington courtroom.
Bill Holter’s Commentary
How is this even possible?
“Trading in short-term interest rate futures has also thinned. Tuesday saw no transactions in three-month Tibor futures — the first time that has happened since such trading began in 1989.”
Japan’s government bond market grinding to a halt
June 24, 2017
TOKYO — Yields on newly issued 10-year Japanese government bonds remained flat for seven straight sessions through Friday as the Bank of Japan continued its efforts to keep long-term interest rates around zero.
The 10-year JGB yield again closed at 0.055%, where it has been stuck since June 15. This marks the longest period of stagnation since 1994, according to data from Nikkei affiliate QUICK.
The implied volatility of Japanese government bonds reached its lowest point since January 2008. Trading in newly issued 10-year debt has become so infrequent that broker Japan Bond Trading has seen days when no bonds trade hands.
Bill Holter’s Commentary
You’ve got to be kidding, a socialist would never do anything like this…
Bernie And Jane Sanders, Under FBI Investigation For Bank Fraud, Hire Lawyers
June 23, 2017
Sen. Bernie Sanders, I-Vt., and his wife, Jane Sanders have hired prominent defense attorneys amid an FBI investigation into a loan Jane Sanders obtained to expand Burlington College while she was its president, CBS News confirms.
Politico Magazine first reported the Sanders had hired lawyers to defend them in the probe. Sanders’ top adviser Jeff Weaver told CBS News the couple has sought legal protection over federal agents’ allegations from a January 2016 complaint accusing then-President of Burlington College, Ms. Sanders, of distorting donor levels in a 2010 loan application for $10 million from People’s United Bank to purchase 33 acres of land for the institution.
According to Politico, prosecutors might also be looking into allegations that Sen. Sanders’ office inappropriately urged the bank to approve the loan.
Bill Holter’s Commentary
During private conversation Jim wondered what the percentage of the U.S. population is on anti depressants? It looks like the answer is 13%. When you add in opiod use and high blood pressure medicine the number jumps to 37%. No one as far as I know has asked the question, “what happens to these people after a week without these meds”? This is a very real question because when credit breaks down, distribution will immediately follow. …And we thought TV shows like Zombie apocalypse were fictional?
70 Percent of Americans take Prescription Drugs
June 24, 2017
Fueling the perception that America is an overmedicated society, a new Mayo Clinic study finds that nearly 70 percent of Americans are on at least one prescription drug, and more than half take two.
Researchers found antibiotics, antidepressants and painkilling opioids are the most commonly prescribed.
And one of five patients are on five or more prescription medications, according to the findings, published online in the journal Mayo Clinic Proceedings.