Posted at 1:26 PM (CST) by & filed under USAWatchdog.com.

December 2, 2018

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

The International Monetary Fund (IMF) has deemed Deutsche Bank as the most systemically dangerous bank in the world. Professor of Economics and Law, William Black, knows why and contends, “Deutsche Bank (DB) poses as what is called a ‘National Champion’ bank and the largest bank by far in Germany, but it’s actually the largest criminal enterprise in Germany. This is quite a statement because VW is such a massive fraud. . . .It is insane that we allow Deutsche Bank to go from fraud to fraud to fraud. . . .They cheat on everything else you can possibly imagine and, typically, they are getting caught, which is also not a very good sign in terms of their competence even as thieves. Even in the United States, there has been reluctance to crack down on Deutsche Bank. . . . When the New York Commissioner tried to crack down, the Office of the Comptroller of the Currency, the premier banking regulator, actually sought to impede that. He disparaged the New York folks and said there really wasn’t that big of problems and such, and all of that proved to be lies.”

Deutsche Bank was raided by German regulators last week on more allegations of fraud and money laundering.

DB is the epitome of “Too Big To Fail.” So, it will never be allowed to fail, and regulators will not be allowed to regulate them properly. Professor Black says, “Why you should care is Deutsche Bank impedes effective regulation everywhere and because God only knows the next thing they are going to do. This is going to continue until something dramatic changes. Eventually, they can cause the next crisis. . . .There will be a bailout in these circumstances, but that could help trigger another economic crisis. When the largest bank in the third largest economy in the world is completely dysfunctional, then the German economy is more likely to go into recession as well. That is one of the potential sources of the next recession, and you can see lots of people warning that there are signs that a serious recession is pretty likely relatively soon. Relatively could be two years.”

Professor Black, who was a top regulator in the S&L crisis, says, “The whole system weakens itself because it gets caught in this big lie that says we have to pretend that Deutsche Bank is a bank instead of a criminal enterprise.”

More…

Posted at 4:44 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Not sure, but I believe there are 7 prisoners in GITMO currently. Either an extreme waste of personnel and money…or, they are expecting more prisoners?

305th Military Police Company Deploys to Guantanamo Bay
December 2, 2018

WHEELING — More than 100 members of the 305th Military Police Company of Wheeling were deployed to Guantanamo Bay, Cuba, Saturday, following an official ceremony at Triadelphia Middle School’s gymnasium.

The 400-day deployment is in support of Operation Enduring Freedom, according to Sgt. First Class Reginald Pickett, with the 305th. He said the troops will be performing various military police duties during this period. Several speakers, including Lt. Col. Jonathan Bennett, commander of the 400th Military Police Battalion, spoke to the troops and their families about the hardships involved with a long deployment.

“Thank you to every one of you guys and gals who are standing here today who answered the call — because that’s what you’ve done and you have distinguished yourselves in doing so in taking that responsibility,” Bennett said, before going on to thank the families for their sacrifice as well.

“You are the ones that are doing double duty. You are the ones that are left behind and are keeping things going for us while we’re gone doing our mission. So I really want to say ‘thank you’ to both the soldiers and the families for all that they do in making this possible,” he added.

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Posted at 12:30 PM (CST) by & filed under Jim's Mailbox.

Jim/Bill,

Black Swans (talking points from Saturday):

http://www.informationclearinghouse.info/50672.htm

http://thesaker.is/about-the-latest-ukronazi-provocation-in-the-kerch-strait/

http://thesaker.is/russia-ukraine-black-sea-military-crisis-on-the-brink-of-war/

http://thesaker.is/ukrainian-sailors-confirm-that-they-deliberately-entered-russian-waters/

http://thesaker.is/fsb-statement-concerning-illegal-actions-of-the-ukrainian-navy-ships-with-the-territorial-waters-of-russia/

https://www.strategic-culture.org/news/2018/11/24/uk-commits-extra-military-forces-ukraine-irresponsible-policy-dangerous-repercussions.html

https://www.strategic-culture.org/news/2018/10/02/us-switching-ukraine-location-start-world-war-iii-against-russia.html

https://www.globalresearch.ca/russia-deploys-s-400-missiles-to-crimea-in-military-showdown-with-ukraine/5661354

https://socioecohistory.wordpress.com/2018/11/30/within-the-past-48-hrs-the-british-empire-have-attempted-to-derail-the-prospect-of-president-trumps-collaboration-with-russia-and-china-to-rebuild-the-world/

https://www.washingtontimes.com/news/2018/may/18/russia-initiates-terrorism-investigation-washingto/

http://www.unz.com/pbuchanan/is-putin-the-provocateur-in-the-kerch-crisis/

https://www.thecommonsenseshow.com/the-female-patsy-who-has-the-power-to-start-world-war-iii/

https://www.zerohedge.com/news/2018-11-30/sacks-cash-martial-law-and-all-smiles-imfs-constructive-phone-call-ukraines

https://www.strategic-culture.org/news/2018/11/29/with-azov-sea-events-stealing-spotlight-us-gathers-huge-military-force-in-around-syria.html

https://journal-neo.org/2018/11/29/gas-in-aleppo-stranger-than-truth/

https://www.strategic-culture.org/news/2018/11/28/west-stays-mum-about-aleppo-chemical-attack.html

https://www.zerohedge.com/news/2018-12-01/pompeo-bolton-say-iran-test-launched-ballistic-missile-capable-striking-europe

https://www.rt.com/news/445272-putin-trump-mbs-highfive/

https://www.zerohedge.com/news/2018-11-29/senators-seeking-shoot-down-yemen-bill-were-paid-saudi-lobbyists

https://www.zerohedge.com/news/2018-11-30/office-deutsche-bank-compliance-chief-raided-stock-slides-all-time-lows

https://www.zerohedge.com/news/2018-11-30/fbi-raids-home-clinton-foundation-uranium-one-whistleblower

Dave

 

Jim,

This is from the Deep State paper of recor.

Dave

Russia Attacks Ukrainian Ships and International Law
November 26, 2018

Russia’s attack on Ukrainian naval vessels in the Black Sea was a violation of international law and a dangerous escalation of the undeclared war the Kremlin has waged for more than four years against Ukraine in Crimea, in the breakaway provinces of eastern Ukraine, and now at sea.

The Kremlin can shout all it wants about a provocation, about an attempt by the Ukrainian president to create a political diversion or about anything else, but none of that changes the fact that Russia had no legal justification for firing on three Ukrainian boats and seizing them.

The vessels, two small armored boats and a tugboat, were headed for the Kerch Strait, which separates Crimea from Russia and is the only entrance to the Sea of Azov, where much of Ukraine’s coastline lies. Russia claimed they had crossed into Russian waters, but that is based on its illegal claim to Crimea, which it seized in 2014.

More…

 

Jim,

Will history repeat?

Dave

The WWI Conspiracy
November 19, 2018

PART ONE: TO START A WAR

More…

 

Jim,

One minute to midnight.

Dave

US Military Contractor Is Hiring Personnel To Support Classified ‘Contingency Operations’ In Ukraine
November 29, 2018

A US contractor accidentally revealed a US military specialist deployment in the combat zones in Ukraine via an Job Advertisement on LinkedIn.

Similarly to the Atlantic Council’s report on independence of Eastern European countries, as well as the meeting between US Secretary of State Mike Pompeo and Ukrainian Foreign Minister Pavlo Klimkin, the posting comes days before the escalation in the Sea of Azov.

Mission Essential is a government contractor, which primarily serves intelligence and military clients. It began as the US government’s leading provider of translation and interpretation services.

More…

 

Courtesy of Dave.

Jim

Learning the Real Lessons of Yalta to Prevent World War III
November 30, 2018

Politically aware Americans, especially self-proclaimed “tough” neo-liberals and neo-conservatives have had a hate obsession with the Crimea for 73 years since proclaiming the myth of an “evil” sell-out of Eastern Europe that supposedly took place at the Yalta summit conference in February 1945 between Josef Stalin, Winston Churchill and a dying US President Franklin Roosevelt.

Instead, as is often the case in the age of George Orwell’s “big lie” in modern America and Britain, the opposite was the case. The Yalta conference was a triumph of realpolitik that kept the global peace between the superpowers almost three quarter s of a century so far.

It is, therefore enormously ironic that the peace of the world should now be threatened over US and UK outrage in particular over Russia asserting its legal and sovereign rights after a blatant breach of agreements and sovereignty by the Ukrainian vessels in Kerch Strait separating Crimea from mainland Russia.

More…

 

Jim & Bill,

We covered this on Saturday.

Dave

Deutsche Bank Crimes Can Cause Next Global Crisis – William Black
December 2, 2018

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

The International Monetary Fund (IMF) has deemed Deutsche Bank as the most systemically dangerous bank in the world. Professor of Economics and Law, William Black, knows why and contends, “Deutsche Bank (DB) poses as what is called a ‘National Champion’ bank and the largest bank by far in Germany, but it’s actually the largest criminal enterprise in Germany. This is quite a statement because VW is such a massive fraud. . . .It is insane that we allow Deutsche Bank to go from fraud to fraud to fraud. . . .They cheat on everything else you can possibly imagine and, typically, they are getting caught, which is also not a very good sign in terms of their competence even as thieves. Even in the United States, there has been reluctance to crack down on Deutsche Bank. . . . When the New York Commissioner tried to crack down, the Office of the Comptroller of the Currency, the premier banking regulator, actually sought to impede that. He disparaged the New York folks and said there really wasn’t that big of problems and such, and all of that proved to be lies.”

Deutsche Bank was raided by German regulators last week on more allegations of fraud and money laundering.

More…

 

Jim,

The end is here.

Dave

The Criminalization of Politics
November 28, 2018

Global Intel Hub – (Zero Hedge Exclusive) 11/28/2018 – Atlanta, GA

The system is crooked.  So why bother, right?  Most Americans don’t vote don’t care.  Up to 30% don’t file don’t pay taxes.  That’s real freedom!  As we explain in our book Splitting Pennies – the world is not as it seems.

Personally, I watched the fixing of the 2000 election from ground zero in Palm Beach County Florida.  The registration of dead voters, the confusion over the chads, getting prisoners to vote Republican.  Gore should have won by a much larger margin (not that I wanted Gore to win, I’m speaking like an objective observer).  Being a trader, I wasn’t much interested in voting or politics which was unusual, as I went to a school where Dan Quail  and George Bush Sr. were visitors at our mock political rallies, friends of mine were some of Bush’s biggest donors (that was in the year he lost, of course).  Barbara Bush came to one of my baseball games, I had the photo where I shook her hand on my bedroom wall for years (I was 8 years old I thought it was significant like meeting the Queen).

More…

Posted at 3:15 PM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.

Jim

RECALL ALERT: Several Dog Food Brands Recalled | Here’s What To Know
November 29, 2018

Sunshine Mills, Inc. is issuing a voluntary recall of select products of Evolve® Puppy, Sportsman’s Pride® Large Breed Puppy and Triumph® Chicken and Rice Dog Food (reference below) due to potentially elevated levels of Vitamin D.

14 LB Evolve® Chicken & Rice Puppy Dry Dog Food Bag / UPC: 0-73657-00862-0

28 LB Evolve® Chicken & Rice Puppy Dry Dog Food Bag / UPC: 0-73657-00863-7

40 LB Sportsman’s Pride® Large Breed Puppy Dry Dog Food Bag / UPC: 0-70155-10566-0

40 LB Sportsman’s Pride® Large Breed Puppy Dry Dog Food Bag / UPC: 0-70155-10564-0

3.5 LB Triumph® Chicken & Rice Recipe Dry Dog Food Bag / UPC: 0-73657-00873-6

16 LB Triumph® Chicken & Rice Recipe Dry Dog Food Bag / UPC: 0-73657-00874-3

30 LB Triumph® Chicken & Rice Recipe Dry Dog Food Bag / UPC 0-73657-00875-0

Consumers should stop feeding the products listed above. Dogs ingesting elevated levels of Vitamin D may exhibit symptoms such as vomiting, loss of appetite, increased thirst, increased urination, excessive drooling, and weight loss. Vitamin D, when consumed at very high levels can lead to serious health issues in dogs including renal dysfunction. Consumers with dogs who have consumed any of the products listed above and are exhibiting any of these symptoms, should contact their veterinarian.

More…

Posted at 11:57 AM (CST) by & filed under Jim's Mailbox.

Jim,

General Wesley Clark told us the plan and no matter who is in office, it will not change.

Dave

Iran: New American Sanctions, and How Iran May Respond
November 28, 2018

Barely a day passes without an outburst of angry words and threats from the US President directed at Iran at its people. If we believe the section of the US media that is loyal to -or controlled by – the White House, there is no more dangerous country that Iran.

This raises a very reasonable question: just what has Teheran done to annoy Donald Trump so much and provoke this display of thunder and lightning? Has Iran occupied US territory or threatened its sovereignty by placing military bases close to US borders, does it intimidate the US President in international meetings with calls for vengeance, or is it, perhaps, plotting regime change in a distant part of the world? Absolutely not. Far from it – Teheran is not interfering in the affairs of countries far away, and is, in fact, behaving perfectly correctly, calmly and reasonably, and in accordance with international law and codes of conduct.

But those people whom, in view of their status, one would expect to behave diplomatically – Donald Trump and his close associates such as Secretary of State Mike Pompeo, National Security Adviser John Bolton and even the US Ambassador to the United Nations, Nikki Haley – continually rush around spouting coarse language and demonstrating their determination to keep a stranglehold over ordinary Iranian citizens. Things have got so bad that Donald Trump has made a big show of withdrawing from the so-called nuclear deal, which was signed by a number of nuclear powers, and has imposed unfair and aggressive sanctions on Iran. For example, the US has strictly prohibited exports of food or medicine to the country, even though, under international law, the use of such measures as a weapon constitutes a crime against humanity. The Iranian ambassador and the country’s Permanent Representative at the United Nations, Es’hagh Al Habib, has said, quite justifiably, that the negative consequences of the US sanctions will be felt first and foremost by ordinary Iranians who have never, until now, had any reason to feel hatred for the American people. But, true to the principles of aggressive imperialism, Donald Trump and his advisers are doing all they can to turn the two nations into enemies.

More…

 

Courtesy of Dave.

Jim

How A Future Trump Cabinet Member Gave A Serial Sex Abuser The Deal Of A Lifetime
November 28, 2018

On a muggy October morning in 2007, Miami’s top federal prosecutor, Alexander Acosta, had a breakfast appointment with a former colleague, Washington, D.C., attorney Jay Lefkowitz.

It was an unusual meeting for the then-38-year-old prosecutor, a rising Republican star who had served in several White House posts before being named U.S. attorney in Miami by President George W. Bush.

Instead of meeting at the prosecutor’s Miami headquarters, the two men — both with professional roots in the prestigious Washington law firm of Kirkland & Ellis — convened at the Marriott in West Palm Beach, about 70 miles away. For Lefkowitz, 44, a U.S. special envoy to North Korea and corporate lawyer, the meeting was critical.

His client, Palm Beach multimillionaire Jeffrey Epstein, 54, was accused of assembling a large, cult-like network of underage girls — with the help of young female recruiters — to coerce into having sex acts behind the walls of his opulent waterfront mansion as often as three times a day, the Town of Palm Beach police found.

More…

Posted at 11:38 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Not sure what to say, other than please watch this compilation “My Beautiful America” by Charlie Daniels, American citizen and Patriot.

Bill Holter’s Commentary

This is what Jim spoke of during our interim call yesterday for subscribers.

China Warns Trade War With US Could Escalate Into ‘Great Depression & World War’
November 28, 2018

Washington is considering sanctions against companies and officials linked to China’s alleged crackdown on the country’s minority Muslims.

Speaking to Reuters before heading to join Chinese President Xi Jinping’s delegation at this week’s G20 summit in Buenos Aires, Cui Tiankai said China was going to the Argentinean capital hoping for a deal to ease a damaging trade war with the United States.

Mentioning the two countries’ shared responsibility to cooperate in the interests of the global economy, Cui warned about dire consequences if US hawks try to drive a wedge between the world’s two largest economies.

He drew parallels to the tariff wars the industrial countries fought during the 1930s, resulting in a collapse of global trade and stoking tensions in the run-up to World War Two.

More…

Bill Holter’s Commentary

So Russia made a $12 billion mistaken loan? Do you have any idea what a $12 billion order would do to COMEX or even LBMA…if they demanded physical? Please think this one through, a pittance (and far less than $12 billion) can now destroy entire markets?

Russian Bank “Fat Finger” Gives Poor African Country Loan Equal To Six Times Its GDP
November 28, 2018

The impoverished state of Central African Republic – one of the poorest countries in the world – landed a paper windfall on Tuesday, when Russian state bank VTB reported it had lent the country $12 billion, or more than six times the country’s entire GDP — but the bank then said it was a clerical error “fat finger” and there was no such loan.

According to Reuters, the loan was mentioned in a quarterly VTB financial report published by the Russian central bank, which included a table listing the outstanding financial claims that VTB group had on dozens of countries as of Oct. 1 this year. There, in the table next to Central African Republic was the sum of 801,933,814,000 roubles, or $12 billion — more than six times the country’s annual economic output of $1.95 billion.

There was no indication in the data published by the Russian central bank of who was the recipient of the loan, the purpose of the loan, or when it was issued and on what terms.

When asked about the data by Reuters, the bank said the loan to the former French colony did not, in reality, exist.

“VTB bank has no exposure of this size to any foreign country. Most likely, this is a case of an operational mistake in the system when the countries were being coded,” the lender said in a statement sent to Reuters.

More…

Posted at 5:25 PM (CST) by & filed under Jim's Mailbox.

Jim,

How does this go…currency wars trade wars hot wars?

Dave

China Ambassador Warns Of “Dire Consequences” If No Deal, Hints At “All Out” War
November 28, 2018

Earlier today, Trump’s chief economic advisor Larry Kudlow poured cold water on expectations for an imminent resolution of the US-China trade war when he said that negotiations in the run up to this week’s G-20 talks “haven’t yielded any progress”, and unless something changes, the “administration will move ahead with the next phase of tariffs.”

“Things have been moving very slowly between the two countries,” Kudlow said, adding that it was up to Xi to come up with new ideas to break the deadlock. And, echoing a report from the US Trade Representative published earlier this month, Kudlow said there hasn’t been much of a change in China’s approach. “We can’t find much change in their approach,” Kudlow told reporters. “President Xi may have a lot more to say in the bilateral [with Mr Trump], I hope he does by the way, I think we all hope he does…but at the moment, we don‘t see it.”

Just a few hours later, a report by Reuters confirmed that Kudlow won’t be “seeing it” for a long time, because according to China’s ambassador to the US, Cui Tiankai, China is going to this week’s G-20 summit hoping for a deal to ease a damaging trade war with the United States, even as he warned of “dire consequences” if U.S. hardliners – read the trade hawks led by Peter Navarro – try to separate the world’s two largest economies.

More…