Posted at 12:00 PM (CST) by & filed under Jim's Mailbox.

Dropping the dollar, seems like every one is starting to do it.

Dave

Iran Drops The Dollar. Others Tried And Were Bombed. ‘It’s All About The Banking,’ Says Lee Camp
April 30, 2018

Iran recently announced it is dropping the US dollar in foreign trade. Just as Iraq did shortly before it was invaded by the US, or Libya planned to before it was bombed by NATO-led allies. Lee Camp is starting to see a pattern.

The US is gearing up to abandon the Iran nuclear deal, which has all but killed Tehran’s nuclear program in exchange for sanctions relief, because it’s not restrictive enough. With Iran already saying it won’t accept more demands or more sanctions, it’s anyone’s guess what kind of chain reaction might ensue.

Comedian Lee Camp’s guess is pretty grim. He notices how Iran recently ditched the dollar in favor of the euro – something Iraq also did 18 years ago, a couple years before the US invaded it under the phony pretext of weapons of mass destruction. Libya wanted to do the same, although its leader Muammar Gaddafi wanted to establish its own currency, the gold dinar – but in 2011, NATO warplanes bombed his country to support an uprising against him. Almost immediately, the rebels formed their own central bank and were given leave by the US and the UN to legally sell oil from the land they controlled.

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MSM feed the public anti-Russia stories. Will they cover this?

Dave

Shocker: Russian Doping ‘Whistleblower’ Claims Fail To Stand Up In Court – He Made It Up
April 28, 2018

Russian officials plan to sue Grigory Rodchenkov, whose testimony played a key part in the country’s Olympic bans, after a sports court rejected his claims. But most believe it’s too late to reverse the impact of the doping saga.The scandal over Olympic doping has been running since 2014, and most of the allegations have been known for years. What’s changed?

In a landmark ruling in February, the Court of Arbitration for Sport (CAS), the highest legal authority in such cases, reversed the life bans of 28 Russian sportsmen and gave them back their medals, many of them from the Sochi Olympics in 2014.

But it was only this week that a 160-page summary of the session exposed exactly how the allegations that led to the exclusion of entire Russian teams in various sports from Rio 2016 and PyeongChang 2018 failed to stand up to legal scrutiny.

Who failed to convince?

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Expect inflation acceleration for the future!

GG

Inflation Hits Fed’s 2% Target, PCE Shows, In Prelude To Faster Rise In U.S. Interest Rates
April 30, 2018

 The numbers: A key inflation gauge rose to 12-month rate of 2%, hitting the Federal Reserve’s target for the first time in a year and potentially signaling a faster increase in U.S. interest rates.

The PCE index, the Fed’s preferred inflation barometer, rose to 2% year over year from a 1.7% pace in February.

The 12-month increase in the more closely followed core rate of inflation was close behind, rising to 1.9% in March from 1.6% in the prior month. That’s the biggest yearly gain in the core rate since April 2012.

The PCE index was unchanged in March, the government said Monday. The core rate rose 0.2%.

The inflation figures are included in the government’s monthly report on consumer spending. Outlays rose 0.4% last month to mark the first advance since the end of 2017. Incomes climbed 0.3% in March. Both figures were in line with Wall Street expectations.

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Our friend Tom tells us a sad story of his own family and of course that of our American family…

Bill

I was thinking of America’s situation and see a comparable with my own family.

My brother three years ago told his four kids that he wanted grandchildren and would pay them $50k for each kid they produced. His youngest daughter told him he was insane. His oldest son’s wife told him she would not be his prostitute. The second oldest son took him up on the offer despite not having a good job that could not support a family. They popped out two kids. My brother paid him for one and then stiffed him on the other. He then tried to move his son into our empty mother’s house over which I have poa. I told him he could rent mom’s house for $900/mo. The kid (31yo) told me directly he shouldn’t have to pay any rent. That didn’t fly. He went into mom’s house and sold her washer/dryer and pocketed the cash. He felt entitled because he needed money for his family. I got a property manager who changed the locks and rented the house for $1500/mo. Then junior bought a house and promptly quit his job. Now my brother and his angry wife have to support him. I warned my brother at the beginning that his cash-for-babies scheme was doomed to disaster and would only create a dependency situation. Oh, and I’m the ogre calling his son a crook.

Look at America. We import millions of unskilled immigrants into an economy with few manual labor jobs so we pay them welfare. This creates a permanent dependency situation and their numbers are exploding. In CA where the street protestor signs read “we love immigrants” the tax system is collapsing as whites leave – 30,000 per year are moving into Arizona from California! Maxine, Jerry, and Nancy all get re-elected. When that money spigot stops flowing things will explode in CA. Look at the streets and rich enclaves around SF. What do you think will happen there? Armed guards, 10ft fences and anybody outside the fence will be fair game for violence due to their white privilege. They’ll need more cops but can’t afford them.  LA wants to build 50,000 condos to house the street people pouring in as cities collapse around the country. Wait till some celebrities get their asses beat by a mob. Certain disaster ahead.

It’s not just the Ds. For almost 20yrs the Rs and Ds have supported endless war that’s driven our deficit up to $22T. We have more admirals than we have ships in the navy. We can’t collect enough tax to pay for it so we do more wars. We feel entitled to destroy other nations because we need to support our families. China and Russia are playing rope-a-dope; letting America wear itself out on impossible wars while they fend off the punches and get richer and more powerful. Disaster is absolutely certain.

 

Courtesy of JB

Jim

1306

Apr 30 2018 10:51:06 (EST) Q !xowAT4Z3VQ ID: e7b971 1248119NEW

Define the terms of the Iran nuclear deal.

Does the agreement define & confine cease & desist ‘PRO’ to the republic of Iran?

What if Iran created a classified ‘satellite’ Nuclear facility in Northern Syria?

What if the program never ceased?

What other bad actors are possibly involved?

Did the U.S. know?

Where did the cash payments go?

How many planes delivered?

Did all planes land in same location?

Where did the U1 material end up?

Is this material traceable?

Yes.

Define cover.

What if U1 material ended up in Syria?

What would be the primary purpose?

SUM OF ALL FEARS.

In the movie, where did the material come from?

What country?

What would happen if Russia or another foreign state supplied Uranium to Iran/Syria?

WAR.

What does U1 provide?

Define cover.

Why did we strike Syria?

Why did we really strike Syria?

Define cover.

Patriots in control.

Q

 

We are poisoning ourselves dealing with NK, but not Fukushima or all the nano plastic in the antics and seas?!

GG

Move Over Chernobyl, Fukushima is Now Officially the Worst Nuclear Power Disaster in History
April 27, 2018

The radiation dispersed into the environment by the three reactor meltdowns at Fukushima-Daiichi in Japan has exceeded that of the April 26, 1986 Chernobyl catastrophe, so we may stop calling it the “second worst” nuclear power disaster in history. Total atmospheric releases from Fukushima are estimated to be between 5.6 and 8.1 times that of Chernobyl, according to the 2013 World Nuclear Industry Status Report. Professor Komei Hosokawa, who wrote the report’s Fukushima section, told London’s Channel 4 News then, “Almost every day new things happen, and there is no sign that they will control the situation in the next few months or years.”

Tokyo Electric Power Co. has estimated that about 900 peta-becquerels have spewed from Fukushima, and the updated 2016 TORCH Report estimates that Chernobyl dispersed 110 peta-becquerels.[1](A Becquerel is one atomic disintegration per second. The “peta-becquerel” is a quadrillion, or a thousand trillion Becquerels.)

Chernobyl’s reactor No. 4 in Ukraine suffered several explosions, blew apart and burned for 40 days, sending clouds of radioactive materials high into the atmosphere, and spreading fallout across the whole of the Northern Hemisphere — depositing cesium-137 in Minnesota’s milk.[2]

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Could these two events have any thing to do with each other?

Dave

Iran Dumps Dollar For Euro In Foreign Trade Transactions
April 23, 2018

As part of its years-long effort to reduce reliance on US currency amid a deepening standoff with Washington, Tehran has announced it will start reporting foreign currency amounts in euros rather than dollars.

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Netanyahu Shows Slides, Shelves Of Docs Claiming Iran Has Nuclear Weapons Program
April 30, 2018

Iran lied about its nuclear program, making the 2015 deal invalid, Israeli Prime Minister Benjamin Netanyahu said in a televised address from Tel Aviv, using big-screen presentation slides and video.

Netanyahu showed the public a massive bookcase filled with folders, claiming this represents the number of documents that Israel has on Iran’s program. He went on through his presentation on human-sized long screens, showing slides and pictures of what he claimed was evidence of Tehran violating the agreement with global powers.

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JB,

It is VERY wrong and I believe it is the truth…

Jim

‘Smallville’ Star Confesses She Sold Children To Rothschilds And Clintons
April 29, 2018

‘Smallville’ star Allison Mack has confessed that she sold children to the Rothschilds and Clintons during her time in the child sex cult. 

According to police, Allison Mack worked in a senior management position for the Hollywood pedophile cult NXIVM. As second-in-command, it was her job to lure children into the cult in order to sell them to elite Hollywood pedophiles and powerful politicians.

Thefreethoughtproject.com reports: “As alleged in the indictment, Allison Mack recruited women to join what was purported to be a female mentorship group that was, in fact, created and led by Keith Raniere. The victims were then exploited, both sexually and for their labor, to the defendants’ benefit,” U.S. Attorney Richard P. Donoghue said in a statement.

The cult was finally exposed when the daughter of former Dynasty actress Catherine Oxenberg became a member. Oxenberg told the New York Times that she became concerned after she saw that her 26-year-old daughter India was extremely emaciated from dieting, and was suffering from serious health problems.

More…

 

I think that a lot of people are underestimating that inflation will take off!

GG

Nobody Sees Hyperinflation As A Credible Outcome But It’s Coming (And No Currency Will Escape It)
April 30, 2018

by Egon von Greyerz of Gold Switzerland

The coming hyperinflation will start slowly and few people will realise what is coming. But once the first real inflation signals are appearing, the process will speed up fast as the currency debasement accelerates.

Right now we are most probably seeing the first signs of inflation. The rising CRB index, together with rising oil, silver and interest rates are all telling us that inflation is coming. Initially, we will see a gradual increase but soon inflation will accelerate until we in the next few years reach hyperinflation.

HYPERINFLATION IS A CURRENCY EVENT

Of course, nobody sees hyperinflation as a credible outcome of todays’s low growth environment. But hyperinflation is a currency event and it will come as a result of all major currencies finishing the move that started with the creation of the Fed in 1913. Since then, all currencies have fallen 97-99% in real terms. So there is only 1-3% to go to reach zero. But the problem is that they won’t just fall 1-3% but 100% from today. This will be achieved by massive money printing in an attempt to save a debt infested global economy.

More…

Posted at 11:18 AM (CST) by & filed under Jim's Mailbox.

CIGA Werner says this picture is worth 1,000 words. I agree and will discuss it with subscribers in tomorrow’s missive.

Bill

 

 

 

 

 

 

 

 

 

 

As we said Saturday, you never hear MSM in the west telling people to buy Gold.

Dave

If You Want To Preserve Your Wealth, Buy Physical Gold – Precious Metals Expert To RT
April 29, 2018

. . .

According to the expert, gold-backed ETFs only provide exposure to the gold price and not to gold. Unit holders of gold-backed ETFs are shareholders, not gold holders. Gold-backed ETFs are also complex trusts or securitized products, where the trust owns the gold, and there are many moving parts and a lot of counterparty risk to the various entities-backed ETFs, there is also no option to take delivery of the underlying gold or to convert the units or shares into physical gold.

. . .

“So if you want wealth preservation that is outside the banking system and that doesn’t have any counterparty and no contract or entity that can default, then you have to choose physical gold or at least something that has a direct claim on allocated physical gold,” concludes Manly.

More…

 

We talked about this subject on Saturday.  Do we get the best weapons systems for the money we spend?

Dave

Russia’s S-400 Air-Defense System Proves to Be Red Rag for the US Bull
April 29, 2018

. . .

The Russian system supports four different intercept missiles with ranges from 40 km. up to 400 km., as compared to just one interceptor with a range of 96 km. that is supported by the PAC-3 (the PAC-2 older version had a range of 160 km.). The S-400 will detect, track, and fire at a target long before the Patriot can even begin to get the haziest of readings on it. The Triumf can deploy in five to ten minutes. The American Patriot takes about an hour to position itself and get ready to fire. That’s a huge difference under combat conditions.

. . .

Here is another comparison: the S-400 is priced at about $2.5 billion. The Patriot costs twice as much. For instance, Poland has to fork out $4.75 billion. As in other examples, this is a significant difference.

More…

Posted at 5:45 PM (CST) by & filed under Jim's Mailbox.

Courtesy of CIGA Werner.

Jim

Sarah was in the fertilized egg business. She had several hundred young pullets and ten roosters to fertilize the eggs. She kept records and any rooster not performing went into the soup pot and was replaced. This took a lot of time, so she bought some tiny bells and attached them to her roosters. Each bell had a different tone, so she could tell from a distance which rooster was performing. Now, she could sit on the porch and fill out an efficiency report just by listening to the bells.

Sarah’s favorite rooster, old Butch, was a fine specimen but, this morning, she noticed old Butch’s bell hadn’t rung at all! When she went to investigate, she saw the other roosters were busy chasing pullets, bells-a-ringing, but the pullets hearing the roosters coming, would run for cover.

To Sarah’s amazement, old Butch had his bell in his beak, so it couldn’t ring.  He’d sneak up on a pullet, do his job, and walk on to the next one. Sarah was so proud of old Butch, she entered him in a show and he became an overnight sensation among the judges.

The result was the judges not only awarded old Butch the “No Bell Piece Prize”, they also awarded him the “Pulletsurprise” as well. Clearly old Butch was a politician in the making.. Who else but a politician could figure out how to win two of the most coveted awards on the planet by being the best at sneaking up on the unsuspecting populace and screwing them when they weren’t paying attention? Vote carefully in the next election: You can’t always hear the bells.

 

Dear Jim,

We can argue the point until we’re blue in the face; the ins and outs of hyperinflation vs debt collapse. Is the Nasdaq overvalued and ready for another tumble (IMHO- absolutely)? As my friend Mike Belkin recently said: gold won’t do what it’s supposed to until the stock market tanks. In the long run, your prophecy of QE to infinity is going to prove to be the most far-sighted prognostication in the last 25 years. THAT’S where we’re going and the fact that the market accepts that as a positive is the biggest mystery I can imagine. One day soon, it will not.

Best regards,

Your friend,

CIGA Jack

Posted at 12:19 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Just another suicide to add to the list?

US Surgeon, Who Exposed Clinton Foundation Corruption In Haiti, Found Dead
April 24, 2018

Dr. Dean lorich, an orthopedic surgeon who volunteered in haiti and exposed clinton foundation corruption and malpractice on the island, has been found dead in new york. He was 54.

Dr. Lorich was found by his 11-year-old daughter on the bathroom floor of his tony Upper East Side apartment with a knife in his chest at around 1 pm on Monday.

The knife missed the surgeon’s heart, leaving him to bleed out and be found by his daughter. Despite the fact police were called to the property regarding an “assault“, they instantly registered the death as “suicide” and closed the case.

One of the United States’ leading surgeons, Dr. Lorich was part of the relief effort sent by the U.S. to assist the relief effort led by the Clinton Foundation in Haiti after the devastating 2010 earthquake. However, Dr. Lorich was disgusted by the “shameful” Clinton Foundation operation and voiced his concerns to Hillary Clinton directly.

More…

Bill Holter’s Commentary

Not sure what they want to call this but the reality is it’s a disaster waiting to happen!

ECB Fears For Withdrawal Of €1.1TRILLION Deutsche Bank – And Impact On The Global Economy
April 19, 2018

THE EUROPEAN Central Bank has moved first to protect global financial markets from the potential chaos caused if Deutsche Bank decide to quit investment banking.

The ECB has made Deutsche the first bank under its supervision to report on the cost and consequences of its investment bank’s exit from the global markets.

Deutsche is currently reviewing the role of its investment bank – known internally as Project Colombo – to determine the way forward as revenues shrink and clients look for profit elsewhere.

Regulators are known to scrutinise large, struggling institutions like €1.1 trillion Deutsche Bank over their potential to plumge the global financial system into meltdown as see with the collapse of Lehman Brothers in 2008.

More…

Bill Holter’s Commentary

Really? Here we go again!

Freddie Mac Launches “3% Down” Mortgage With No Income Restrictions
April 28, 2018

It’s been a while since the US made a wholesale push to get more cash and income-strapped households into the ever more unaffordable American dream of owning a house, three years to be exact, which is when nationalized housing agency Freddie Mac last rolled out a conventional mortgage that only required a 3% down payment for certain borrowers.

The problem is that what modest requirement the mortgage program had back in 2015, meant that most Americans who needed access would be excluded. The program, which as we described at the time was designed for qualified (that being the key word) low-and moderate-income borrowers – i.e., Millennials – saw limited progress over the last few years, with FHFA Director Mel Watt telling Congress last year that Freddie’s 3% down program (along with a similar one from Fannie Mae) was continuing to grow.

It just wasn’t growing fast enough, because while putting 3% down may not have been especially challenging for most Americans, having even the modest income required to go along with it, was.

More…

Posted at 2:32 PM (CST) by & filed under Jim's Mailbox.

CIGA Tom speaks of western monetization as once unthinkable…now normal and expected!

Bill,

Ten years ago….it was “unthinkable” that a (western) government would simply and forthrightly “monetize” their economy.

UNTHINKABLE.

At that time, there was some semblance of propriety and integrity.

What happened?

We ALL tend to get callous over time…we justify our actions…we use our own reflection and project this onto the world “as we know it”.

Today….monetization is a GIVEN….it isn’t discussed amongst the victims….because we all have become somewhat complicit in the collective (selfish) outcome.

In short…..we have contributed to our own downfall because we haven’t STOOD UP and shouted:  (as Joe Wilson did) :  “you LIE”….

You and Jim and a few others have undertaken the arduous task to “stand in the gap”…..but you can NOT do it alone.

So the question to me and my fellow CIGAS:   WHO MOVED ?     Have I moved….have I become numb to the daily toxic blather of MSM and accepted “this is just the way it is…?”

PRESS ON, BILL.

Blessings,

Tom

Posted at 10:18 AM (CST) by & filed under In The News.

Tom Fitton: ‘These Are The Emails Hillary Didn’t Want You To See’
April 26, 2018

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Jim Sinclair’s Commentary

Tin gods are everywhere.

NYPD Blues: De Blasio Takes Over
April 26, 2018

In 2011, then-New York City Mayor Michael Bloomberg got himself in hot water when he declared “I have my own army in the NYPD, which is the seventh biggest army in the world.”

It was not—not the seventh biggest and not an army—but Bloomberg was not far off the mark. With a current uniformed strength of about 36,000 and powerful unions, the New York Police Department is a profound force in the city, from the streets to the suites and in the corridors of political power. It has shaped the national and even international imagination in countless books, movies and television shows. The mayor rightfully exercises civilian control over the department and to varying degrees, and with varying success, police commissioners rightfully have struggled to keep the NYPD from being bent too far to the political will of the city’s top elected official.

That drama is being played out again today. Mayor Bill de Blasio, his eyes on higher national office, is wrapping his political machine around New York law enforcement, locking down avenues of transparency and independence that could cause him trouble. The mayor cloaks his moves in the progressive politics of his base but no one is fooled. This is about Iowa and New Hampshire and the kind of raw political power that de Blasio needs to exercise to keep his long-shot presidential hopes alive.

The mayor visited Iowa in December, insisting he was not running for president. His wife, Chirlane McCray, was in New Hampshire earlier this month. The New York Times recently noted that Ms. McCray “suddenly seems to be everywhere… [she] has stepped up her out-of-town travel, meeting with political leaders, speaking about her signature mental health initiative, networking and building the family brand outside New York City.”

More…

Jim Sinclair’s Commentary

The latest from John Williams’ www.shadowstats.com

– For All Employees, First-Quarter 2018 Real Average Weekly Earnings Contracted 0.4% (-0.4%), along with Slowing Real Growth in Consumer Credit
– Quarterly Real Average Weekly Earnings Contracted 1.5% (-1.5%) for Production and Nonsupervisory Employees, the Third Consecutive Quarterly Decline, the Fifth in the Last Six Quarters
– Unadjusted Annual CPI-U Inflation Rose to a 12-Month High 2.36% in March 2018, Up from 2.21% in February 2018, Still Holding Well Shy of Common Experience
– Fed’s Targeted “Core” Inflation Broke Above 2.0%, to 2.1% in March 2018, Highest Level in 13 Months – Annual PPI Inflation Rose to a 74-Month High of 3.03% in March 2018, Reflecting Jumps in Food Prices and Outpatient Costs
– A Leading Indicator to Broad Economic Activity, March 2018 Real Annual Growth in Money Supply M3 Slowed to a Six-Month Low
– Next Week’s Headline Economic Reporting Could Lock in a First-Quarter 2018 Real GDP Contraction
– Nonetheless, While Not Close to an Economic Expansion, Some Positive Anecdotal Evidence on the Economy Is Surfacing

“No. 945: March Consumer and Producer Price Indices, Real Earnings”

www.shadowstats.com

Bill Holter’s Commentary

If you did not get a chance to read Bill’s subscription article today, this was mentioned and is a very good read on what higher rates will mean.

PDF

Bill Holter’s Commentary

Zerohedge with an article on Canada, rising rates and a “bubbly” housing market. Pretty much in line what we just wrote about for subscribers…

“Canada Is In Serious Trouble” Again, And This Time It’s For Real
April 27, 2017

Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that  “Canada is in serious trouble” mostly as a result of its overreliance on its frothy, bubbly housing sector, but also due to the fact that unlike the US, the average Canadian household had failed to reduce its debt load.

 

 

 

 

 

 

 

 

 

 

 

 

 

Additionally, the German economist demonstrated that it was not just the mortgage-linked dangers from the housing market (and this was before Vancouver and Toronto got slammed with billions in “hot” Chinese capital inflows) as credit card loans and personal lines of credit had both surged, even as multifamily construction was at already record highs and surging, while the labor market had become particularly reliant on the assumption that the housing sector would keep growing indefinitely, suggesting that if and when the housing market took a turn for the worse, or even slowed down as expected, a major source of employment in recent years would shrink.

More…

Posted at 11:41 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

And we at JSMineset were not only criticized but actually taken down by Idiot-tube for being fake news when we suggested naval vessels were being “jammed and rammed”…?  But now when Fox news reports it regarding the Air Force… it is true?    Eric Schmidt et al can now piss off and join the official ranks of fake and faker news “makers”!

‘Adversaries’ Jamming Air Force Gunships In Syria, Special Ops General Says
April 25, 2018

The head of the U.S. military’s Special Operations Command said Wednesday that Air Force gunships, needed to provide close air support for American commandos and U.S.-backed rebel fighters in Syria, were being “jammed” by “adversaries.”

Calling the electronic warfare environment in Syria “the most aggressive” on earth, Army Gen. Tony Thomas told an intelligence conference in Tampa that adversaries “are testing us every day, knocking our communications down, disabling our AC-130s, etc.”

Thomas’ remarks, which were first reported by the website The Drive, come on the heels of reports that Russian forces are jamming U.S. surveillance drones flying over the war-torn nation.

More…

Barrick, Govt ‘Set To Reach An Agreement’
April 25, 2018

Barrick Gold says it expects the final deal with the government of Tanzania to be concluded by mid-2018, paving the way for a strategic partnership between the two.

Detailed legal agreements are now being drafted but the full proposal would be ready by the end of the first half of this year, pending review by Acacia, the gold mining giant said in a statement posted on its website yesterday.

“Discussions between the government of Tanzania and Barrick concerning the proposed framework agreement for Acacia Mining Plc’s operations in Tanzania have been constructive and continue to progress,” the statement said.

More…

Posted at 11:17 AM (CST) by & filed under Jim's Mailbox.

JB with a good’ern!

Bill

If only they believed this in the markets.

JB

 

 

 

 

 

 

 

 

 

 

 

 

 

I hope you read what Jim posted BE PREPARED – Keeping Cash at Home

Dave

Cash “Vanishes” From Bank Accounts In Ireland
April 25, 2018

. . .

This weekend’s ‘magic money moments’ in both Ireland and the UK are the most recent example of something we have long discussed – cash in the bank is not your cash. You are an unsecured creditor and your cash can just disappear and there is very little you can do about it.

You can make a lot of noise on Twitter, Facebook and in the media and sometimes that may work but not with a lasting impact.

The customers of both Ulster Bank and TSB can rant on Twitter or shout down helplines all they like but legally they have very little rights when it comes to accessing their money.

This week politicians have enjoyed their soapbox moments, demanding investigations be done, apologies be made and new regulations to prevent this from happening again.

More…

 

Remember the USS Donald Cook was dead in the water with its Aegis system shut down?

Well it looks like another conspiracy theory has been proven true.  Yes, the Russians have electronic jamming.

Please watch the short video.

Dave