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How to Drain the Deep Swamp


Pablo Picasso Girl Before A Mirror 1932 
Obviously, like hopefully many people, I’ve been following the WikiLeaks CIA revelations, and closely. It’s too early for too many conclusions, if only because WikiLeaks has announced much more will flow from that same pipeline. But one thing is already clear: the CIA is -still- a club that sees enemies behind every tree, and behind every TV set too. Which is not as obvious a world view as it may seem; it’s just something we’ve become used to.

Moreover, as we see time and again, organizations like the CIA and NATO have no qualms about ‘creating’ enemies if they are in short supply. The flavor du jour has now been, for years, Russia, but don’t be surprised if another one is cultivated alongside it. ISIS, China, North Korea, plenty of options, and plenty of media more than willing to aid the cultivation process. It’s a well-oiled machine geared towards making something out of nothing, a machine very adept at making you believe anything it wants you to.

In this way, our friends can become our enemies, and our enemies our friends. What gets lost in translation is that this way in reality we become our own worst enemies. While the upper and most secretive layers of society, filled with folk of questionable psychological constitution -sociopaths and psychopaths-, get to chase their dreams of wealth and power, those who try to live normal decent lives are, for that very purpose, increasingly subjected to poverty, misery and fear. As our economies decline further, this will only get worse.

Who needs your -conscious- vote or voice if these can be easily manipulated? Or do you not think you’re being manipulated? How many of you, American or European, think Russia is an actual threat to you?

…click on the above link to read the rest of the article…

The Big Myth

Don Watkins of the Ayn Rand Institute wrote an article, The Myth of Banking Deregulation, to debunk a lie. The lie is that bank regulation is good. That it helped stabilize the economy in the 1930’s. And that deregulation at the end of the century destabilized the economy and caused the crisis of 2008.
As of early 2015, Dodd-Frank had imposed altogether 27,670 new restrictions, more than all other laws passed under Obama combined (that is really saying something, considering the regulatory frenzy let loose by his administration. Note: the law may have “only” 2,300 pages, but more than 10 different regulatory agencies have been producing administrative laws for six years in a row to put it into practice – and they are not finished yet. Don’t you feel safer already?

If deregulation is the problem, then re-regulation is the solution. So, in the wake of the crisis, Congress enacted a 2,300-page monstrosity of regulation known as Dodd-Frank.

 

Watkins does a good job describing government regulation of finance, in particular addressing the savings and loan industry. He gives an example where people commonly assume that Congress reduced regulation, the Graham-Leach-Bliley Act of 1999.

The headline is that this law reduced regulation, and allowed banks to be in the securities business. However, the truth is that it mixed in a dollop of increased regulation.

 

The economic cost of Dodd-Frank (one guess as to who is going to end up paying for this…). Note: this is not cumulative – the cumulative tally so far is a cost of $36 billion (about $310 per household!); it has so far taken 74.8 million paperwork man hours to create this monster. You will be happy to learn that the law not only makes us perfectly safe, but introduces racial and gender quotas as well. The number of final rules exceeds those generated by Sarbanes-Oxley by a factor of 30 – so far.

…click on the above link to read the rest of the article…

In A Battle Between Trump And The Federal Reserve, Who Really Wins?

In A Battle Between Trump And The Federal Reserve, Who Really Wins?

As a part of the increasingly obvious set-up of conservative movements by international banking interests and globalist think-tanks, I have noticed an expanding disinformation campaign which appears to be designed to wash the Federal Reserve of culpability for the crash of 2008 that has continued to fester to this day despite the many claims of economic “recovery.”  I believe this program is meant to set the stage for a coming conflict between the Trump Administration and the Fed, but what would be the ultimate consequences of such an event?

In my article ‘The False Economic Recovery Narrative Will Die In 2017’, I outlined the propaganda trap being established by globalist owned and operated media outlets like Bloomberg, in which they consistently claim that Donald Trump has “inherited” an economy in recovery and ascendancy from the Obama administration.  I thoroughly debunked their positions and “evidence” by showing how each of their fundamental indicators has actually been in steady decline since 2008, even in the face of massive monetary intervention and fiat printing by the Fed.

My greatest concern leading up to the 2016 election was that Trump would be allowed to win because he represents the perfect scapegoat for an economic crisis that central banks have been brewing for years. Whether or not Trump is aware of this plan cannot yet be proven, but as I have mentioned in the past, his cabinet of Goldman Sachs alumni and neo-con veterans hardly gives me confidence.  In the best case scenario, Trump is surrounded by enemies; in the worst case scenario, he is surrounded by friends.

…click on the above link to read the rest of the article…

Donald Trump, Saudi Arabia, and the Petrodollar

Donald Trump, Saudi Arabia, and the Petrodollar

 

Obama pulled out his veto pen 12 times during his presidency.

Congress only overrode him once…

In late 2016, Obama vetoed the Justice Against Sponsors of Terrorism Act (JASTA). The bill would allow 9/11 victims to sue Saudi Arabia in US courts.

With only months left in office, Obama wasn’t worried about the political price of opposing the bill. It was worth protecting Saudi Arabia and the petrodollar system, which underpins the US dollar’s role as the world’s premier currency.

Congress didn’t see it that way though. Those up for reelection couldn’t afford to side with Saudi Arabia over US victims. So Congress voted to override Obama’s veto, and JASTA became the law of the land.

The Saudis, quite correctly, see this as a huge threat. If they can be sued in US courts, their vast holdings of US assets are at risk of being frozen or seized.

The Saudi foreign minister promptly threatened to sell all of the country’s US assets.

Basically, Saudi Arabia was threatening to rip up the petrodollar arrangement, which underpins the US dollar’s role as the world’s premier currency.

Donald Trump and the Saudis

Unlike every president since the petrodollar’s birth, Donald Trump is openly hostile to Saudi Arabia.

Recently he put this out on Twitter:

Dopey Prince @Alwaleed_Talal wants to control our U.S. politicians with daddy’s money. Can’t do it when I get elected.

The dopey prince that Trump is referring to is Al-Waleed bin Talal, a prominent member of the Saudi royal family. He’s also one of the largest foreign investors in the US economy, particularly in media and financial companies.

The Saudis openly backed Hillary during the election. In fact, they “donated” an estimated $10 million–$25 million to the Clinton Foundation, making them the most generous foreign donors.

Besides Hillary Clinton, the single biggest loser from the US presidential election was Saudi Arabia.

…click on the above link to read the rest of the article…

Jim Rogers: “We’re About To Have The Worst Economic Problems Of A Lifetime, A Lot Of People Will Disappear”

Jim Rogers: “We’re About To Have The Worst Economic Problems Of A Lifetime, A Lot Of People Will Disappear”

“Get prepared,” warns billionaire commodity guru Jim Rogers, “because we’re going to have the worst economic problems in your lifetime and a lot of people are going to disappear.” In this wide-ranging interview with MacroVoices’ Erik Townsend, the investing legend discusses everything from whether Russia is being scapegoated (“yes, ask Victoria Nuland”), the war against cash (“governments love it… they want to control everything”), to his views on gold and the demise of freedom.

Full podcast below:

Key Excerpts…

Are Russians the bad guys?

Well I do know that during the last administration, Mr. Obama’s administration as you probably remember we started, we tried to pull of an illegal coup in Ukraine, we got caught at it, what’s her name, Victoria Nuland, whatever the woman’ name the State Department they have there several pieces of evidence where we know she tried to instigate an illegal coup then of course the Russians outsmarted us and so the State Department started blaming it on the Russians and the hype against the Russians has gotten bigger and bigger ever since after we started– or tried to start, tried to instigate the illegal coup Crimea and Ukraine.

So yes we are certainly at fault to some extent and obviously you then, when you’re caught you’ve got to keep the rhetoric up and keep throwing more and more accusations and so the State Department has done that.

I know that before the illegal coup Obama, Bush everybody was trying to be friends with the Russians rightly so, cold war had ended long ago, the Russians wanted to be friends with America. We didn’t need NATO anymore.

…click on the above link to read the rest of the article…

9/11 Mastermind’s Letter to Obama: Here’s Why We Attacked America

(ANTIMEDIA) When Barack Obama was still in office, Khalid Shaikh Mohammed, one of the perpetrators of the 9/11 terror attacks, penned a letter to him. Though a judge recently ruled that letter could be sent to the White House before the outgoing president left office, the contents were to be withheld from the public until a month later — until after President Trump had assumed power.

This week, the Miami Herald obtained and published the contents of the 18-page letter, originally written in 2015 and titled “LETTER FROM THE CAPTIVE MUJAHID KHALID SHAIKH MOHAMMAD TO THE HEAD OF THE SNAKE, BARACK OBAMA, THE PRESIDENT OF THE UNITED STATES OF AMERICA, THE COUNTRY OF OPPRESSION AND TYRANNY.” It contains the Kuwait-born Pakistani terrorist’s insights into why 9/11 occurred, as well as surprisingly accurate assessments of American politics.

One of the main reasons for 9/11, according to Mohammed, is one terrorists have referenced before: American foreign policy. His explanation is rooted both in history and in current affairs.

The American people were misled by the Johnson administration and the Pentagon into waging a war in Vietnam that cost 58,000 U.S. lives and millions of Vietnamese lives and ultimately led to a humiliating defeat,” he writes, correctly referencing Johnson’s false flag attack in the Gulf of Tonkin, which the Democratic president used to push the U.S. into a prolonged, messy, and ultimately failed war.

Mohammed also focused on U.S. foreign policy in the Middle East and the Muslim world specifically, providing a long list of reasons why the “U.S. reaped what it sowed on 9/11.” One of those grievances was the U.S. government and CIA’s scheme to back and support  “the Indonesian dictator Suharto when his army-led massacres slaughtered hundreds of thousands of landless farmers,” though his examples span the globe.

…click on the above link to read the rest of the article…

Tucker Carlson and Glenn Greenwald Discuss Deep State War Vs. Trump, While Ex-Spook Hints At Assassination

Tucker Carlson and Glenn Greenwald Discuss Deep State War Vs. Trump, While Ex-Spook Hints At Assassination

DeepState-e1398185022722Journalist Glenn Greenwald, who is not a fan of President-elect Trump, appeared on Tucker Carlson tonight to discuss the dangerous ongoing effort among powerful anti-Trump factions within the US Government’s “Deep State,” who have collaborated with members of the Democratic Party and the traditionally liberal media to inflict maximum damage on the incoming President. Recall Senate Minority Leader Chuck Schumer’s ominous “six ways from Sunday” comment from 10 days ago.

Greenwald, an accomplished litigator, journalist, and author, does a masterful job illustrating the players, motives, and potential fallout from this dangerous effort within the US Government’s intelligence apparatus. Greenwald goes deep, discussing how Trump’s election ruined the plan for regime change in Syria, specifically mentioning, among other things, that the deep state was waiting for Obama to leave office before executing their plan: 

The number one foreign policy priority of the CIA over the last four to five years has been the proxy war they’re waging in Syria to remove Bashar Al Assad – and Hillary Clinton was quite critical of Obama for constraining them. She wanted to escalate that war to unleash the CIA, to impose a no-fly zone in Syria to confront Russia, whereas Trump took the exact opposite position. He said we have no business in Syria trying to change the government, we ought to let the Russia and Assad go free and killing ISIS and Al Quaeda and whoever else they want to kill.

He [Trump] was a threat to the CIA’s primary institutional priority of regime change in Syria. Beyond that, Clinton wanted a much more confrontational and belligerent posture towards Moscow, which the CIA has been acrimonious with for decades, whereas Trump wanted better relations. They viewed Trump as a threat to their institutional pre-eminence to their ability to get their agenda imposed on Washington.

…click on the above link to read the rest of the article…

Assange Agrees To Extradition If Obama Grants Chelsea Manning Clemency

Assange Agrees To Extradition If Obama Grants Chelsea Manning Clemency

Just hours after NSA Whistleblower Edward Snowden urged President Obama to “save [Chelsea Manning’s] life by granting her clemency,” Wikileaks’ founder Julian Assange says he will agree to be extradited to the United States if the president grants clemency to the former US soldier Chelsea Manning, who is currently serving a 35-year sentence for leaking documents.

The US Constitution allows a president to pardon “offenses against the United States” and commute — either shorten or end — federal sentences. Obama has so far granted 148 pardons since taking office in 2009 — fewer than his predecessors, who also served two terms, George W. Bush (189) and Bill Clinton (396). But he has surpassed any other president in the number of commutations, 1,176.

We noted previously that there was a number of high profile cases in front of President Obama as he prepares to leave The White House including Edward Snowden who tweeted yesterday…


Mr. President, if you grant only one act of clemency as you exit the White House, please: free Chelsea Manning. You alone can save her life.
8:43 AM – 11 Jan 2017


And now, as AFP reports, Wikileaks’ founder Julian Assange has offered himself up if President Obama releases Manning


If Obama grants Manning clemency Assange will agree to US extradition despite clear unconstitutionality of DoJ case https://twitter.com/wikileaks/status/765626997057921025 

Ron Paul Sums Up Nobel-Peace-Prize-Winning President Obama In One Short Sentence

Ron Paul Sums Up Nobel-Peace-Prize-Winning President Obama In One Short Sentence

Following our discussion of the unprecedented bombing-fest that has been undertaken during President Obama’s reign…

Seven years after being awarded the Nobel Peace Prize for his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples,”despite having been in office for less than one year and having pretty much no actual, tangible foreign diplomacy accomplishments at the time, President Obama will depart the White House having dropped 26,171 bombs on foreign countries around the world in 2016, 3,027 more than 2015.

According to an analysis of Defense Department data from the Council on Foreign Relations, a non-partisan think tank, the majority of Obama’s 2016 bombs were dropped on Syria and Iraq.  Meanwhile, Afghanistan, a country President Obama vowed U.S. troops would evacuate completely by the end of his Presidency, was also bombed over 1,300 times, a 40% increase over 2015.  Per McClatchy DC:


The U.S. dropped 79 percent of the anti-Islamic State group coalition bombs in Syria and Iraq, totaling 24,287. That figure, along with others analyzed by CFR, is likely lower than the actual number dropped because one airstrike can involved multiple bombs.

Obama did authorize a troop surge in Afghanistan — a conflict he pledged to end during his campaign — where the U.S. dropped 1,337 bombs in 2016. There are currently 8,400 U.S. troops left in the country, more than Obama initially wanted to keep there at the end of his term. The U.S. only dropped 947 bombs in Afghanistan in 2015.

The U.S. also dropped more bombs in Libya in 2016 than it did in 2015.Nearly 500 bombs were dropped in the North African country that has essentially been ungoverned since the fall of dictator Muammar Gaddafi in 2011.

…click on the above link to read the rest of the article…

While Blaming Trump For “Arms Race”, Obama Signs Momentous “Star Wars II” Defense Bill

While Blaming Trump For “Arms Race”, Obama Signs Momentous “Star Wars II” Defense Bill

As politicians and mainstream media blast Trump’s apparently incendiary tweet regarding nuclear arms, none other than President Obama just signed legislation that, by striking a single word from longstanding US nuclear defence policy, could heighten tensions with Russia and China and launch the country on an expensive effort to build space-based defense systems.

Oh the irony… Following Trump’s tweet…

The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes

The mainstream media has lambasted the president-elect for “endangering the world” and “starting another nuclear arms race.” However, that same mainstream media appears mute in their response to what President Obama just did…

The National Defence Authorisation Act, a year-end policy bill encompassing virtually every aspect of the US military, contained two provisions with potentially momentous consequences. As AP reports,

One struck the word “limited” from language describing the mission of the country’s homeland missile defence system. The system is said to be designed to thwart a small-scale attack by a non-superpower such as North Korea or Iran.

A related provision calls for the Pentagon to start “research, development, test and evaluation” of space-based systems for missile defence.

Together, the provisions signal that the US will seek to use advanced technology to defeat both small-scale and large-scale nuclear attacks.

That could unsettle the decades-old balance of power among the major nuclear states.

Huge bipartisan majorities in both houses of Congress approved the policy changes over the past month, with virtually no public debate.

Although the White House had earlier criticised the changes, it stopped short of threatening a veto. On Friday, Obama signed the legislation.

…click on the above link to read the rest of the article…

Arctic Drilling Ban Reveals Crucial Difference Between Obama and Trudeau on Climate

Arctic Drilling Ban Reveals Crucial Difference Between Obama and Trudeau on Climate

But the difference between how the White House and the Prime Minister’s Office explained this announcement reveals a major rift between the leaders in their understanding of how to address the climate threat.

At the end of November, Canadian Prime Minister Justin Trudeau failed a key test of his understanding of what is required to stop climate change by approving the Kinder Morgan and Line 3 pipelines. During his speech he defended his actions:

I have said many times that there isn’t a country in the world that would find billions of barrels of oil and leave it in the ground while there is a market for it.”

But just weeks later, the U.S. did exactly that. As part of President Obama’s announcement to permanently ban oil and gas development in the Arctic and Atlantic oceans, the White House released a fact sheet explaining its justification.

…if lease sales were to occur and production take place, it would be at a time when the scientific realities of climate change dictate that the United States and the international community must be transitioning its energy systems away from fossil fuels.”

In essence, the White House is saying that further offshore oil and gas development in these areas fails a climate test — that these projects aren’t in line with the action needed to meet international goals to fight climate change. This is a crucial signal that President Obama and his team are finally beginning to understand that action to restrict the supply of fossil fuels is ultimately required to reach a safe climate future.

…click on the above link to read the rest of the article…

Obama Quietly Signs The “Countering Disinformation And Propaganda Act” Into Law

Obama Quietly Signs The “Countering Disinformation And Propaganda Act” Into Law

Late on Friday, with the US population embracing the upcoming holidays and oblivious of most news emerging from the administration, Obama quietly signed into law the 2017 National Defense Authorization Act (NDAA) which authorizes $611 billion for the military in 2017.

In a statement, Obama said that:

Today, I have signed into law S. 2943, the “National Defense Authorization Act for Fiscal Year 2017.” This Act authorizes fiscal year 2017 appropriations principally for the Department of Defense and for Department of Energy national security programs, provides vital benefits for military personnel and their families, and includes authorities to facilitate ongoing operations around the globe. It continues many critical authorizations necessary to ensure that we are able to sustain our momentum in countering the threat posed by the Islamic State of Iraq and the Levant and to reassure our European allies, as well as many new authorizations that, among other things, provide the Departments of Defense and Energy more flexibility in countering cyber-attacks and our adversaries’ use of unmanned aerial vehicles.”

Much of the balance of Obama’s statement blamed the GOP for Guantanamo’s continued operation and warned that “unless the Congress changes course, it will be judged harshly by history,” Obama said. Obama also said Congress failed to use the bill to reduce wasteful overhead (like perhaps massive F-35 cost overruns?) or modernize military health care, which he said would exacerbate budget pressures facing the military in the years ahead.

But while the passage of the NDAA – and the funding of the US military – was hardly a surprise, the biggest news is what was buried deep inside the provisions of the Defense Authortization Act.

Recall that as we reported in early June“a bill to implement the U.S.’ very own de facto Ministry of Truth had been quietly introduced in Congress.

…click on the above link to read the rest of the article…

 

Someone Has Officially Called the CIA’s Bluff over Russia

In the article, “Obama Must Declassify Evidence Of Russian Hacking,” Scahill and Jon Schwartz called out U.S. intelligence agencies for their record of deceit, asserting that the American people are not going to simply “take their word for it.”

U.S. intelligence agencies have repeatedly demonstrated that they regularly both lie and get things horribly wrong,” the article argues. But when it comes to the CIA’s case against Russia’s alleged interference with the latest U.S. presidential elections, it’s impossible to claim the hearsay is based on facts if evidence is not made available to support the agency’s claims.

Nevertheless, Scahill and Schwartz argue, it’s possible that Russia may have pulled some strings. But even if the Kremlin had its reasons and acted on them, America is the country with the long history of election meddling — not Russia.

Take Hillary Clinton’s comments on the Palestinian elections, for instance. A leaked audio recording from 2006 revealed then-senator Clinton advocated doing “something to determine who was going to win” in Palestine’s elections. And yet here she is, hoping to use the “Russia did it” talking point to give censorship a boost. The CIA has its own history of meddling in foreign elections.

In order to give Barack Obama’s administration that extra push to release any “proof” the CIA has that the 2016 U.S. elections were “rigged,” the Intercept’s duo encouraged feds or whistleblowers to use the publication’s secure drop link, where a “patriotic whistleblower” within the U.S. intelligence community may drop the leak that proves Russia is behind President-elect Donald Trump’s win. “[W]e will verify its legitimacy and publish it,” they added.

…click on the above link to read the rest of the article…

4 Year Proposition? – Next President Has To Contend With Obama’s Massive Debt Burden At “Epic Turning Point”

4 Year Proposition? – Next President Has To Contend With Obama’s Massive Debt Burden At “Epic Turning Point”

Whoever wins the 2016 presidential election tomorrow night could be in for a rough 4 years in the White House courtesy of the gigantic debt burden amassed by Obama over the previous 8 years.  While an accommodative monetary policy, including seemingly unlimited treasury buying by the Fed and foreign governments, has suppressed the budget impact of Obama’s ballooning federal debt balance, as Ed Yardeni told Bloomberg, “one shudders to think what would happen if rates actually ever did go back to normal.”
“We’ve really got ourselves into a pickle here,” said Edward Yardeni, president of Yardeni Research Inc. in New York, who’s been following the bond market since the 1970s. “All these years we’ve been kicking the can down the road, and suddenly we’re seeing a brick wall.”

“There’s been so much borrowing going on that’s been enabled by extremely low interest rates, one shudders to think what would happen if rates actually ever did go back to normal,” Yardeni said. “The impact on the interest expense would be significant, and could really bring deficit concerns back to the fore.”

US Debt
As a report published by the Congressional Budget Office today points out, nearly 60% of the federal budget is spent on entitlements and interest payments on public debt.  While the public debt balance has increased every single year of Obama’s Presidency, declining rates have largely offset the budget impact.
Outlays for the three largest entitlement programs—Social Security, Medicare, and Medicaid—rose by $29 billion (or 3 percent), $27 billion (or 5 percent), and $19 billion (or 5 percent), respectively. Spending for Medicaid grew largely because of new enrollees added through expansions of coverage authorized by the Affordable Care Act. With that growth, Medicaid spending has risen by almost 40 percent in the past three years.

…click on the above link to read the rest of the article…

Russia Advising its citizens How to Prepare for Nuclear War Warning US Intends to Attack

russia-wars-of-nuclear-war

Just as Obama keeps ratcheting up the allegations that Russia will hack the elections to ensure Trump wins, in Russia they are warning their citizens that war is coming and it maybe nuclear. They are warning that NATO is retrofitting tactical aircraft for the use of nuclear weapons, “which is sign of preparation for war with Russia”.  A whole website has gone up in Russia dedicated to the World War III and one offering advice and how to prepare.

ABC News is reporting that Russian Television Warns of Nuclear War Amid US Tensions. US mainstream press is not questioning what is going on when we have a President who got the Noble Peace Prize. They are not looking at Obama floating all sorts of stories that a Trump victory will be proof of a Russian cyber attack. The Washington Post pitches the story that Russia wants war. Meanwhile The Daily Mail reports that the Kremlin calls Joe Biden’s threat to ‘cyber strike’ Russia ‘unprecedented’ and pledges to protect itself from the “aggressive, unpredictable United States”. CNN has reported that Russia and the US have moved past a Cold War to unpredictable confrontation.

cuban-missile-crisis

War-Cycle-2014Personally, I was just a kid in 1962. But I remember walking with my friends discussing the Cuban Missile Crisis which last for a 13-day period (October 16–28, 1962). That was the closest we had come to World War III until today. Confrontation between the United States and the Soviet Union concerning Soviet ballistic missile deployment in Cuba even mad kids pay attention. Along with being televised worldwide, it was the closest the Cold War came to escalating into a full-scale nuclear war. A 8,6 year plot from that event completed the 51.6 year wave terrifyingly on schedule – 2014.

That is when the new Cold War began with sanctions imposed on Russia. It has not worked and only escalated the entire confrontation. Sorry to say, this is on time.

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