Dropping the dollar, seems like every one is starting to do it.
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.
MSM feed the public anti-Russia stories. Will they cover this?
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?
Expect inflation acceleration for the future!
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.
Our friend Tom tells us a sad story of his own family and of course that of our American family…
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
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?
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 would happen if Russia or another foreign state supplied Uranium to Iran/Syria?
What does U1 provide?
Why did we strike Syria?
Why did we really strike Syria?
Patriots in control.
We are poisoning ourselves dealing with NK, but not Fukushima or all the nano plastic in the antics and seas?!
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.(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.
Could these two events have any thing to do with each other?
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.
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.
It is VERY wrong and I believe it is the truth…
‘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.
I think that a lot of people are underestimating that inflation will take off!
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.