Posted at 10:55 AM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Well our worse fear has come true. We were not conspiratorialists but rather seeing clearly.

Tin foil hats are REAL!

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Bill Holter’s Commentary

When is a default, not a default? In the past pretty much always, it will be interesting to see the rationale behind this one not being a “default”?

Default Day Looms For Cash-Strapped Venezuela
November 10, 2017

Caracas (AFP) – Venezuela slipped inexorably towards a formal debt default Friday, with analysts saying it was all but inevitable for the sinking OPEC state which owes about $150 billion.

“With Venezuela’s state-owned oil company having reportedly failed to make a principal payment on a bond that has now matured, credit default swaps are likely to be triggered on Friday,” market analysts Capital Economics said.

A group of creditors assembled under the aegis of a global financial body, the International Swaps and Derivatives Association (ISDA), will meet in New York at 11:00 am (1600 GMT) to review whether an overdue $1.1 billion payment on a bond issued by Venezuela’s state oil company PDVSA has triggered a “credit event.”

“They can either make a decision at this meeting or vote to have another meeting to discuss the question further,” an ISDA spokeswoman told AFP by email.

President Nicolas Maduro’s cash-strapped socialist government must repay at least $81 million on another PDVSA bond by this weekend, at least $1.47 billion interest on various bonds by the end of the year, and then about $8 billion in 2018.

That’s a tough prospect, as the country has less than $10 billion in hard currency reserves.

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Bill Holter’s Commentary

Yay rah rah common core! Just throw more money at it, that should do the trick?

13 Baltimore High Schools Have Zero Students That Are Proficient In Math
|November 9, 2017

For the past several weeks, one Fox affiliate in Baltimore has been publishing some staggering stories about the Baltimore public school system under an investigative series called “Project Baltimore.” Just a few weeks ago we noted one of those stories in which an undercover teacher admitted that public schools routinely pass kids that never even bother to show up for class a single day during the school year.

Now, a stunning new installment of the Project Baltimore series from Fox 45 reveals that 13 public high schools sprinkled around Baltimore, of the city’s 39 total, had exactly 0 kids that tested proficient in math.

An alarming discovery coming out of City Schools. Project Baltimore analyzed 2017 state testing data and found one-third of High Schools in Baltimore, last year, had zero students proficient in math.

Project Baltimore analyzed 2017 state test scores released this fall. We paged through 16,000 lines of data and uncovered this: Of Baltimore City’s 39 High Schools, 13 had zero students proficient in math.

Achievement Academy

Carver Vocational-Technical High

Coppin Academy

Excel Acadamy @ Francis M. Wood High

Forest Park High

Frederick Douglass High

Independence School Local 1

Knowledge and Success Academy

New Era Academy

New Hope Academy

Northwestern High

Patterson High

The Reach! Partnership School

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Jim Sinclair’s Commentary

The most endangered specie on the planet in on two legs. It is the pensioner.

The Ponzi scheme that’s more than 100x the size of Bernie Madoff

November 10, 2017

By January 1920, much of Europe was in total chaos following the end of the first World War.

Unemployment soared and steep inflation was setting in across Spain, Italy, Germany, etc.

But an Italian-American businessman who was living in Boston noticed a unique opportunity amid all of that devastation.

He realized that he could buy pre-paid international postage coupons in Europe at dirt-cheap prices, and then resell them in the United States at a hefty profit.

After pitching the idea to a few investors, he raised a total of $1,800 and formed a new company that month– the Securities Exchange Company.

Early investors were rewarded handsomely; within a month they had already received a large return on investment.

Word began to spread, and soon money came pouring in from dozens, then hundreds of other investors.

By the summer of 1920, the company’s founder was receiving more than $1 million per day from investors.

His name was Charles Ponzi. And as you could guess, it was a total scam.

Ponzi wasn’t really generating any investment returns. He was simply taking the new investors’ money to pay the old investors.

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Jim Sinclair’s Commentary

Too late, her fate is sealed.

Who Got To Her? Brazile Suddenly Changes Tune On DNC ‘Rigging’ For Hillary
November 7, 2017

Was the 2016 Democratic Party primary process between Hillary Clinton and Bernie Sanders a “fair” fight?

“I believe it was,” said former Democratic National Committee interim chair Donna Brazile, who was suddenly singing a very different tune Tuesday in an interview with CBS.

In her new book released Tuesday, “Hacks: The Inside Story of the Break-ins and Breakdowns that Put Donald Trump in the White House,” Brazile had said exactly the opposite – indicating she doesn’t believe “the fight had been fair.”

Brazile explains that, when she took the helm of the DNC, she promised Sanders she “would get to the bottom of whether Hillary Clinton’s team had rigged the nomination process, as a cache of emails stolen by Russian hackers and posted online had suggested.”

Clinton vs. Sanders not a ‘fair’ fight

The following is an excerpt from Brazile’s new book describing the moment she discovered a eye-opening deal between Clinton and the DNC that, she says, “looked unethical” and “compromised the party’s integrity”:

I had tried to search out any other evidence of internal corruption that would show that the DNC was rigging the system to throw the primary to Hillary, but I could not find any in party affairs or among the staff. I had gone department by department, investigating individual conduct for evidence of skewed decisions, and I was happy to see that I had found none. Then I found this agreement.

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Bill Holter’s Commentary

In the old days, $4 billion would cause a $40 drop. It seems not much bang for their buck anymore!

Gold Slammed After Someone Pukes $4 Billion Notional In Gold Futures
November 10, 2017

As we approach the European close, the dolar index just spiked and precious metals (and crude) were pummeled. Gold futures tumbled on massive volume as over $4 billion notional was purged instantaneously…

Over 30,000 contracts ripped through gold futures – over $4.2 billion notional – in the space of a minute. That’s around 10% of a normal days’ volume.

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NOTE – $1281 is the 100-day moving average that has been an equiliborum level for the last few weeks…

Silver was hit too as the dollar spiked…

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Bill Holter’s Commentary

More sealed indictments?  Maybe, just maybe they are pulling the drain plug?

 

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Posted at 10:51 AM (CST) by & filed under Jim's Mailbox.

Pretty simple. If you are publicly telling the truth, you are a reporter. If you are making up stories…you are a mainstream news source. Courtesy of JB.

Bill

New York Times Accuses Woman Of Pretending To Be Reporter
November 9, 2017

The Grey Lady is seeing red over a colorful Manhattan woman who’s masquerading as a New York Times reporter, saying she is sullying its reputation as the newspaper of record.

Contessa Bourbon’s been keeping up the charade for four years, according to The Times’ new lawsuit against her.

She first introduced herself as a Times reporter at a Brookings Institute event in 2013. She also claimed to work for the paper in an interview with the Turkish ambassador, and then again at at speech in March by Education Secretary Betsy DeVos.

“Ms. Bourbon is not, and has never been, employed by The Times, as a reporter for The New York Times, or in any other position or capacity,” the Manhattan Supreme Court suit says.

She has ignored two cease and desist letters, it says.

Her scheme “is likely to cause confusion or injury to the business reputation of The Times, or dilution of the distinctive quality of The Times” trademarks, the Times lawyers claim in the just-filed suit.

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Jim/Bill, get your tin foil hats on for this one!

JB

Conspiracy Theory Now Conspiracy Fact, as Congress Holds Hearings on Weather Manipulation
November 9, 2017

Washington, D.C. – Geoengineering is finally going mainstream as the U.S. House Subcommittee on Environment and Subcommittee on Energy Hearing, on Wednesday, held the first House hearing about the science that until now has generally been considered a “conspiracy theory” and relegated to the fringe’s of society by the Praetorian Guard mainstream media — controlled by the ruling power-elite oligarchy.

The controversial subject of climate engineering or weather modification – which was popularized, and oversimplified with the term “chem-trails” – is stepping from the shadows and into the light of public scrutiny for the first time.

The congressional hearing, titled “Geoengineering: Innovation, Research, and Technology,” was attended by members of the House committees as well as representatives of think tanks, academics, and researcher scientists to discuss the future of geoengineering research.

Participants in Wednesday’s hearing include Full Committee Chairman Lamar Smith (R-Texas), Environment Subcommittee Chairman Andy Biggs (R-Ariz.), and Energy Subcommittee Chairman Randy Weber (R-Texas). Testimony was presented by Dr. Phil Rasch, chief scientist for climate science, Laboratory Fellow, Pacific Northwest National Laboratory; Dr. Joseph Majkut, director of climate policy at the Niskanen Center; Dr. Douglas MacMartin, senior research associate, Cornell University; and Ms. Kelly Wanser, principal director, Marine Cloud Brightening Project, Joint Institute for the Study of the Atmosphere and Ocean, University of Washington.

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But, but…they told us we were nuts JB? Not sure what Congress is investigating because so much past acknowledgement has already come forth…”man controls weather”!

Bill

Posted at 9:45 AM (CST) by & filed under Jim's Mailbox.

Anyone who has used or new football uniforms should consider donating them to Ron Paul for use when mowing his lawn. It appears liberals are not as acting and tolerant as we thought.

Courtesy of JB Slear

Jim

Rand Paul’s Neighbors Rip Media ‘Landscaping Dispute’ Reports

November 8, 2017

The Bowling Green, Ky., neighbor who allegedly attacked Sen. Rand Paul last weekend, causing six broken ribs, was aggressively anti-Trump and anti-GOP in his social media, calling for the impeachment of the president and urging Russia investigator Robert Mueller to “fry Trump’s gonads.”

Captured screen grabs of Rene Boucher’s Facebook page provided to Secrets and taken down since the event also show that the anesthesiologist was a fan of the #NeverTrump clan.

His lawyer said that politics played no part and it has been suggested that the two verbally tussled over lawn clippings, leaving the impression that the Republican Kentucky senator was a negligent landscaper.

But seven neighbors in the Rivergreen gated community told Secrets Wednesday that the Pauls are friendly homeowners who kept their property tidy.

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Jim/Bill,

When push comes to shove, people STILL flock to gold.

“The marketplace is just a bit unnerved to start the trading week, as a major shake-up occurred in Saudi Arabia’s ruling system over the weekend. Saudi princes and businessmen were arrested to weed out corruption, according to the Saudi Kingdom. The news helped to lift gold and silver, also gave oil prices a boost.”

As of 3:35 PM,

Gold up $11.20

Bitcoin down $280

CIGA Wolfgang Rech

Gold, Silver See Solid Rallies On Safe-Haven Demand, Rising Oil
November 06, 2017

(Kitco News) – Gold and silver prices were ending the U.S. day session with good gains Monday. The metals were supported by a combination of safe-haven demand and surging crude oil prices that have hit a two-year high. December Comex gold was last up $13.30 an ounce at $1,282.50. December Comex silver was up $0.401 at $17.235 an ounce.

The marketplace is just a bit unnerved to start the trading week, as a major shake-up occurred in Saudi Arabia’s ruling system over the weekend. Saudi princes and businessmen were arrested to weed out corruption, according to the Saudi Kingdom. The news helped to lift gold and silver, also gave oil prices a boost.

Nymex and Brent crude oil futures prices rallied sharply today and hit two-year highs. The rally in the oil market, arguably the leader of the raw commodity sector, is an underlying bullish element for the metals markets. If oil prices continue to rally, many raw commodity markets, including the precious metals, will be pulled along for the ride. However, the sledding will get much tougher for the oil market bulls as prices push toward $60.00 a barrel.

The other key “outside market” on Monday saw the U.S. dollar index weaker. The greenback bulls have the slight overall near-term technical advantage. The U.S. currency has been boosted recently on the prospects of the U.S. government passing tax-cuts legislation that would give a boost to businesses and the economy. If the U.S. dollar continues to appreciate it will be a drag on the precious metals markets. Reason: Most metals on the world markets are priced in U.S. dollars. A rising dollar makes those metals more expensive to purchase in non-U.S. currency.

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Are Journalists An Enemy Of The American People?
November 8, 2017

As usual, it depends who you ask…

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You will find more statistics at Statista

Statista’s Niall McCarthy notes that according to the Cato 2017 Free Speech and Tolerance Survey, 63 percent of Republicans agree with President Trump that journalists today “are an enemy of the American people”.

During his presidency, Trump has taken to Twitter to call the national media “fake news” and in mid-February, he tweeted “The FAKE NEWS media is not my enemy, it is the enemy of the American people. SICK!”

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JB, anyone who seeks the real truth and say “no” is brain dead!

Bill

Jim/Bill,

33 sealed indictments file in DC district court, and yesterday 50 sealed indictments filed in the US district court of Virginia, its’s happening!

CIGA Tom

https://drive.google.com/file/d/1Au0aupHmQMe1RnP93e8lUQWh8IkQG4k0/view

Thanks Tom, looks like it is really, finally happening!

Bill

Jim/Bill,

Now I’ve seen everything!

Because Francis Scott Key was a slave owner, we will need to come up with a new national anthem?

The liberals are digging their own graves, and those on the receiving end of racism. I’m all for equality amongst people, but drawing increasing lines of hatred between races only furthers the divisions and barriers to equality we all want to see removed.

Instead of bringing awareness, they are bringing increasing hatred against themselves.

Fools.

CIGA Wolfgang Rech

Democrat Lawmaker Supports Call To Ban “Racist” National Anthem
November 9, 2017

California’s NAACP is pushing for state lawmakers to support a campaign to remove “The Star Spangled Banner” as the country’s national anthem.

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In possibly the greatest ‘virtue signal’ yet, the organization last week began circulating among legislative offices two resolutions that passed at its state conference in October: one urging Congress to rescind “one of the most racist, pro-slavery, anti-black songs in the American lexicon” as the national anthem, and another in support of former San Francisco 49ers quarterback Colin Kaepernick.

“We owe a lot of it to Kaepernick,” California NAACP President Alice Huffman said. “I think all this controversy about the knee will go away once the song is removed.”

The group says the song, which has been a point of controversy in the NFL, is “one of the most racist, pro-slavery, anti-black songs in the American lexicon,”

As The Sacramento Bee reports, the kneeling protests have drawn attention to an infrequently-sung third verse from “The Star-Spangled Banner,” which includes the passage:

Their blood has wash’d out their foul footstep’s pollution.

No refuge could save the hireling and slave

From the terror of flight or the gloom of the grave

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You might think you have “seen everything” Wolfgang. Just wait until you see tomorrow!

Bill

Posted at 8:45 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

We used to do this as kids when our parents were out, now a machine does it for us? Can a machine be “grounded” for being bad?

Echo Breach Cops Raid Music Fan’s Flat After His Alexa Amazon Echo Device ‘Holds A Party On Its Own’ While He Was Out
November 8, 2017

A MUSIC fan has been left with a huge bill after his voice-operated Amazon Echo device threw a house party while he was away.

Cops were forced to break into Oliver Haberstroh’s flat in Hamburg, Germany, after neighbours complained about deafening music blasting from inside – but found the apartment empty. clip_image002

The smart speaker system allegedly blasted music at 2am while Mr Haberstroh was drinking with friends

Mr Haberstroh claims he walked out of his flat to meet friend on Friday night after checking that the lights and music were switched off.

He wrote on Facebook: “While I was relaxed and enjoying a beer, Alexa managed on her own, without command and without me using my mobile phone, to switch on at full volume and have her own party in my apartment”

“She decided to have it at a very inconvenient time, between 1.50am and 3am. My neighbours called the police.”

After knocking on the door, the officers called an expert to break the lock open – and refused to hand over keys for the replacement until they’d been paid for the locksmith.

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The American Dream Is Now A Nation Of Low Paid Bartenders And Waitresses
November 4, 2017

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“In our own times we see that politicians raised under neoliberalism are unwilling and unable to effectively use real Keynesian policies: they can’t do stimulus, when they try, they give the money primarily to the rich.

They grew to power by being neoliberals; faced with new times they cannot change. In France we saw the main center-left party (really a neoliberal party) implode because it would just not change, and throughout the West center-left neoliberal parties are dying for just this reason. The world has changed, the people who run those parties cannot change…

Our societies have failed to run themselves acceptably since 2008, and the youngs have no attachment to the status quo since it never ever worked for them. Change is thus not only possible, it is now inevitable.”

Stocks were rallying off the jobs report.

The American dream is now a nation of low paid bartenders and waitresses, living from paycheck to paycheck, preyed upon by corporate behemoths in healthcare, housing, and finance. They are a sleeping giant.

And because of the increase in wickedness, the love of many will grow cold. But those who stand to the end, firm in the faith, will be saved. And the good news of the kingdom of God will be given as a witness to all nations.

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Bill Holter’s Commentary

They do tell the truth once in a while!

Sean Parker: We Built Facebook to Exploit You
November 9, 2017

Facebook’s founding president Sean Parker — Justin Timberlake in The Social Network, if that’s how you keep track of the platform’s key players — sat down with Axios’s Mike Allen at an event in Philadelphia this week.

Parker, who now chairs the Parker Institute for Cancer Immunotherapy, was there to discuss advances in cancer research — but nevertheless managed to squeeze in a few comments about building Facebook. What he had to say is not going to make Zuck happy.

Confirming what you basically know, but probably don’t want to think about too closely, Parker explained just how he and the other early Facebookers built the platform to “consume as much of your time and conscious attention as possible.”

He described the system of users posting content and receiving likes as “a social-validation feedback loop … exploiting a vulnerability in human psychology.”

“We need to sort of give you a little dopamine hit every once in a while, because someone liked or commented on a photo or a post or whatever,” Parker said.

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Posted at 10:19 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

This topic is heating up for Hollywood and elsewhere. “Cheese pizza” though called by many a conspiracy is 100% real and an abomination. There is no penalty strong enough for this evil!

Exclusive: LAPD Confirms They Are Investigating Hollywood Pedophile Ring After Corey Feldman Files Formal Report
November 7, 2017

The Los Angeles Police Department is investigating a rumored Hollywood pedophile ring after Corey Feldman filed a formal police report identifying the men he claims sexually abused him as a child.

‘Corey Feldman filed a report with the Los Angeles Police Department. There is no further information at this time, and his report is being investigated,’ a spokesperson told DaillyMail.com on Tuesday.

Feldman revealed he had filed a report on Monday.

‘IMPORTANT CAMPAIGN UPD8: I JUST COMPLETED A FORMAL SIT DOWN INTERVIEW W @LAPDHQ SPECIAL DIVISION, & GAVE THEM ALL THE INFO I KNOW! THIS WAS OFFICIALLY THE 1ST FORMAL REPORT EVER TAKEN ON ANY OF MY CASES, AS SBPD NEVER FOLLOWED UP BACK IN 1993, & HAS NO RECORD OF MY COMPLAINTS,’ wrote an animated Feldman on Twitter.

He then added: ‘THE LAPD WILL BEGIN AN OFFICIAL INVESTIGATION NOW! THINGS R HEATING UP, IM PRAYING 4 SAFETY!’

Just last week, Feldman revealed the identities of two alleged child molesters he claims took advantage of him and other adolescent screen stars years ago

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Bill Holter’s Commentary

A well written and factual article by Joseph Lauria pulled down by HuffPo. Before even reading it, I figured if HuffPo pulled it down…it must be true! “Follow the money” has always been true, this is just another example.

HuffPo Yanks Article On Russiagate Hysteria By Award Winning Journalist Joe Lauria – So Here It Is
November 7, 2017

Award winning journalist and UN correspondent of 25 years, Joe Lauria, penned an outstanding article on the origins of “Russiagate” which he published to the liberal Huffington Post this week.

24 hours later, HuffPo yanked the article – leaving a dead link and a sad message in its place.

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Perhaps the insights offered in the article didn’t quite conform to HuffPo’s approved narratives, or maybe it has something to do with Lauria’s new book “How I Lost By Hillary Clinton,” with a forward written by Julian Assange.

Considering Joe Lauria’s tenure as the Wall St. Journal’s UN correspondent of nearly seven years, as well as the Boston Globe’s for six – covering just about every major world crisis over the past quarter century, his unique perspective on the matter merits a read.

Reproduced below for your edification:

The Democratic Money Behind Russia-gate

As Russia-gate continues to buffet the Trump administration, we now know that the “scandal” started with Democrats funding the original dubious allegations of Russian interference, notes Joe Lauria.

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Bill Holter’s Commentary

…And it’s gone! There will be no difference with “paper” gold and silver, if it’s not in your hand or SAFELY stored “it ain’t”!

‘$300m In Cryptocurrency’ Accidentally Lost Forever Due To Bug
November 8, 2017

More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports.

Unlike most cryptocurrency hacks, however, the money wasn’t deliberately taken: it was effectively destroyed by accident. The lost money was in the form of Ether, the tradable currency that fuels the Ethereum distributed app platform, and was kept in digital multi-signature wallets built by a developer called Parity. These wallets require more than one user to enter their key before funds can be transferred.

On Tuesday Parity revealed that, while fixing a bug that let hackers steal $32m out of few multi-signature wallets, it had inadvertently left a second flaw in its systems that allowed one user to become the sole owner of every single multi-signature wallet.

The user, “devops199”, triggered the flaw apparently by accident. When they realised what they had done, they attempted to undo the damage by deleting the code which had transferred ownership of the funds. Rather than returning the money, however, that simply locked all the funds in those multisignature wallets permanently, with no way to access them.

“This means that currently no funds can be moved out of the multi-sig wallets,” Parity says in a security advisory.

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Posted at 10:15 AM (CST) by & filed under Jim's Mailbox.

It is a matter of demographics (more old people) and mismanagement of the economy etc. etc. — wake up Enron is coming!

GG

Pension Panic In Paradise: Maui Residents Outraged Over 52% Spike In Pension Contributions
November 8, 2017

Earlier this year, Maui County residents in the island state of Hawaii were somewhat less than ecstatic to learn that their property taxes were going to increase by approximately $29.7 million for fiscal 2018. According to County Council member statements at the time, the additional funding was needed to help provide better public services for Maui residents.

That said, fast forward just a few months and it looks like a substantial portion of those tax increases won’t go to provide better public services for Maui residents at all but rather will be plowed into the state’s massively underwater pension fund. As The Maui News points out today, Maui’s contributions to the state Employees’ Retirement System will surge 52% over just the next couple of years…and that’s if everything goes to plan.

“This is a massive, massive increase,” Williams said.

Maui County paid $31 million into the pension fund in fiscal 2017. But now, its payments will increase to approximately $34 million in fiscal 2018, $36 million in fiscal 2019, $42 million in fiscal 2020 and $47 million in fiscal 2021.

This amounts to a total of $36 million in extra payments by Maui County over the next four years alone — and its contributions are set to remain just as high every year afterward.

Williams said the extra payments were needed to help the public pension system avert a crisis in unfunded liabilities, currently estimated at about $12.4 billion.

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GG,
This is everywhere…and I do mean everywhere!  People will find out they do not have what they thought they had, then let anarchy begin.

Sad. 

Bill

I know Bill but people are not waking up and still have this rocksteady believe in this organized crime syndicate called the Government and the Deep State!! And people don’t recognize that this underfunding is the situation with peak markets guess what will happen when the markets break. Pensions will be an illusion. And indeed the #$@& will hit the fan.

They will print money to give people the illusion that they will get their pension though people will then discover what purchasing power means in the real sense of the word.

I am trying to go through the motion of how to look at the development of fiat currency — crypto currency — gold and silver, agri land and water

So far we have lived in a world of numbers. Basketball players people that have a high score of throwing a ball in a net earn tenths of millions. WHY because a lot people look at them, i.e marketing i.e sals of consumer goods. It is too ridiculous to be true but it is the current reality. I think that the number game will soon be over. too many people!! that will be reduced with the loss of the number importance in every aspect.

GG

Sorry guys. The end has already happened. The algos just do not know it yet.

Jim

Posted at 5:25 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

…and it’s not even winter yet?

A Major Vulnerability Has Frozen Hundreds Of Millions Of Dollars Of Ethereum
November 7, 2017

Today is not a good news day for Ethereum. A vulnerability found within a popular wallet has frozen potentially hundreds of millions of dollars of the crypto currency in a second setback in recent months.

Parity Technologies, the company behind widely used wallet service Parity, today disclosed an issue that could enable the contents of a wallet to be wiped.

The issue affects multi-sig wallets — a technology that uses the consent of multiple parties for additional security on transactions — that were deployed after July 20. In other words, ICOs that were held since then may be impacted.

It’s a kicker because it is the second time in just a few months that a major Parity bug has been unearthed with potentially costly repercussions for Ethereum, which is the world’s second highest-valued crypto currency with a total market cap of over $27 billion. Back in July, a vulnerability in Parity led to 150,000 ETH (then worth around $30 million) being stolen.

That bug was fixed July 19 — hence the significance of the July 20 date — but one positive element of that first scare is that many in the Ethereum community, and particularly those who have held ICOs, backed away from the technology in favor of alternatives. Even those who did use Parity may not have opted for the multi-sig wallet.

But still it is a major security issue with wider implications. Parity explained that it found the problem when one user’s wallet was wiped:

Following the fix for the original multi-sig issue that had been exploited on 19th of July (function visibility), a new version of the Parity Wallet library contract was deployed on 20th of July. However that code still contained another issue – it was possible to turn the Parity Wallet library contract into a regular multi-sig wallet and become an owner of it by calling the initWallet function. It would seem that issue was triggered accidentally 6th Nov 2017 02:33:47 PM +UTC and subsequently a user suicided the library-turned-into-wallet, wiping out the library code which in turn rendered all multi-sig contracts unusable since their logic (any state-modifying function) was inside the library.

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To our dear readers,

Everyday we move closer and closer to motivations for rebellion.

Here is one I find most interesting because of the villainous perp in the first example.

People have asked me the why of the “Holter- Sinclair” collaboration.

The answer is simple.

Bill Holter is right.

He has a great ability to write about such things in an informative and helpful presentation so as to get you out of harm’s way.

Judging from history, and day to day events, which are reported differently by official media sources in totally contrary ways (some group is lying), History suggests that a revolution of the people or of the government against the people is a clear and present danger everywhere.

Bill and I make a good team while we both know that shutting up and heading for the USA hills probably would be the best course of action.

The most intelligent people may well be those who are featured in a TV documentary, “The Last Alaskans.”

Personally, I love Heimi, who has to be the only Jew living at 50 degree blow zero F. with no neighbors for hundreds of miles, and none required.

Jim

Class Warfare: People Are Out For Blood
November 7, 2017

Roughly two thousand years ago, the government of ancient Rome was facing a serious problem.

The tributium capitus, or poll tax, they had imposed across their provinces was becoming unpopular.

And there was a growing minority of Roman subjects who felt they were being forced to pay an overly burdensome and disproportionately high tax bill.

Things got so bad that there were small revolts, especially in one of Rome’s critical eastern provinces where many simply refused to pay.

Eventually the authorities were able to round up the leader of the movement– a youthful, charismatic local artisan who was brought before the provincial prefecture.

After reviewing the evidence, though, the prefecture found that the leader had actually done nothing illegal… and according to ancient texts, announced to the public:

“I have examined him in your presence and have found no basis for your charges against him. . .”

But the crowd was out for blood. They thought the resistance leader was arrogant and disrespectful of their values. And they wanted him put down for good.

Plus, the central government in Rome wanted to send a strong message to strike fear in those subverting their authority and not paying tax.

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Bill Holter’s Commentary

In order to serve on a jury I believe one must be able to answer who is buried in Grant’s tomb as a prerequisite? Knowing the difference between right and wrong would only be a bonus question!

Senator Menendez Juror Asks Trial Judge: ‘What Is a Senator?’
November 7, 2017

On their first full day of jury deliberations at the bribery trial of Senator Robert Menendez, a juror asked the judge a basic question: What is a senator?

U.S. District Judge William Walls declined to answer the question, and he refused that juror’s request for a transcript of Monday’s closing argument by Menendez’s attorney, Abbe Lowell. The panel had returned to the Newark, New Jersey, federal courthouse Tuesday after spending about 75 minutes deliberating the day before. Walls told jurors that they should rely on their individual and collective memories to determine how to define a senator.

The juror’s question, odd as it may have seemed, may have related to whether Melgen could have been considered a Menendez constituent. Defense attorneys said during the trial that Menendez regarded it as part of his Senate work to look after the interests of people beyond his home state. In his closing argument, Lowell reiterated that Menendez never introduced legislation that benefited Melgen.

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