Today’s News 20th June 2017

Are Pope Francis & Angela Merkel Enemies Of European Civilization?

Authored by Antonius Aquinas,

Two of Europe’s greatest contemporary enemies recently got together to compare notes and discuss how they were going to further undermine and destabilize what remains of the Continent’s civilization. Pope Francis and German Chancellor Angela Merkel met on June 17, in the Vatican’s Apostolic Palace to discuss the issues which will be raised at a Group of 20 summit meeting in Hamburg, from July 7-8.

The Vatican said that Frau Merkel and the Pope discussed the need “for the international community to combat poverty, hunger, terrorism and climate change.” Ms. Merkel, in an obvious swipe at US President Donald Trump, said that “we are a world in which we want to work multilaterally, a world in which we don’t want to build walls but bring down walls.” The reference to “walls,” of course, was to President Trump’s promise to construct a wall on the Mexican-American border. The pope, too, has been critical of Mr. Trump’s proposed plan.

Ms. Merkel also lamented about the Trump Administration’s decision to opt out of the 2015 Paris climate accord. Pope Francis urged President Trump to remain in the accord and gave him a copy of his encyclical, “Praise Be,” when they met earlier this spring. The encyclical elevated “climate change” and protection of the environment as “moral obligations” while it criticized “perverse” economic development models that “enrich the wealthy at the expense of the poor.”

As has been the case since the Second Vatican Anti-Council (1962-65), popes have spent most of their time on secular concerns in which they have little competency and less on matters of the Faith. Pope Francis has taken this to a new level and rarely preaches on doctrine. This, in one sense, is good because when he does speak on religion, he usually spouts out some heresy or falsehood which scandalizes the Church. His many blasphemies and heresies, plus the fact that he was never ordained as a priest in the traditional Catholic rite or traditionally consecrated as a bishop (neither was Benedict XVI), makes him ineligible to be a true Catholic pope.

The latest fraud that these two cretins are now pushing is the supposed threat of global warming. The idea that “climate change” has had some nefarious effect on the environment has long ago been debunked by legitimate scientists and scholars. Climate change is a ruse used by global elites to further tax, regulate and enslave humanity.

Facts and sound theory, however, do not bother the collectivist minds of Pope Francis and Angela Merkel. What they are interested in is power and control and they intend to keep it through lies like global warming and by coercive massive migration which will fundamentally alter Europe’s demographics to their New World Order masters’ advantage.

Had it not been for the likes of Pope Francis and Ms. Merkel, it is unlikely that Europe would be under a deluge of mostly Mohammedan “asylum seekers.” The claim that the invasion was “spontaneous” due to the turmoil in the Middle East from US and Western nation-states military intervention is implausible. The region has been unstable for decades. Why all of a sudden is there a mass exodus and why it is mostly of young single Muslim men?

The invasion of Europe was carefully orchestrated and planned by the world’s power elite whose goal is to eliminate what is left of the Continent’s white Christian heterogeneous male population. Pope Francis and Ms. Merkel are the New World Order’s puppets carrying out their marching orders.

While the outlook for Europeans may currently appear grim, it is not hopeless. While Pope Francis and Angela Merkel cannot at present be deposed for their crimes, they can be defeated in the court of public opinion. For Europe to become once again the center of human civilization, the ideals of multiculturalism and the fraud of global warming must be slain on ideological grounds.

This is the duty that confronts those that seek a return of Europe’s previous glories. While the task appears monumental, it must be remembered that the pagan Roman Empire was eventually converted by the teaching of twelve men and one indomitable former Pharisee from Tarsus.
Putin: US Routinely Meddles In Russian And Other Nations' Elections

Authored by Eric Zuesse via The Strategic Culture Foundation,

In a Showtime interview of Russian President Vladimir Putin by American film-maker Oliver Stone, which started airing on June 12^th, Putin called «lies» many of the allegations by U.S. intelligence agencies, to the effect that he or his government attempted to influence the outcome of the 2016 U.S. Presidential election. He also accused the U.S. government of having actually done not only that (influencing other countries’ democratic process), but far more actual meddling in Russian elections, and in the elections in other former Soviet-and-allied countries, and even done it in recent times, and even done it to countries that had never been friendly toward Russia. The way he asserted this accusation was veiled, however, so that he didn’t identify the specific governments he was referring to, other than to say: «In 2000, and in 2012, this always happened. But especially aggressively in 2012. I will not go into details.» (This article will supply some of those «details», in what follows.)

Putin described the current accusations against Russia, by the U.S. government, as a deceitful and fictitious tat, which ignores the very real and longstanding American tit, of CIA and other U.S., meddling in the electoral processes of foreign countries.

The neoconservative American Jan Wenner’s Rolling Stone magazine headlined on June 16^th about these Showtime interviews, «10 Most WTF Things We Learned From Oliver Stone's Putin Interviews», and sub-headlined: «From denying any involvement with U.S. election hacking to Putin's love of Judo and Stalin, our takeaways from these truly baffling conversations». Wenner’s reporter opened:

What's the Russian equivalent of Kool-Aid? Whatever it is, it's definitely red – and Oliver Stone has eagerly drunk it down.

The trailers for The Putin Interviews, Showtime's four-part series documenting a series of conversations between Russian President Vladimir Putin and Stone, would have you believe that you're going to hear some pretty hard-hitting stuff as the autocrat and the filmmaker face off, Frost-Nixon style. What we got instead was a series of softballs lobbed lovingly in the direction of one of the most powerful and dangerous men in the world.

Except for a few moments, Stone seems serenely unconcerned with anything beyond flattering his subject – and engaging in some supremely one-sided exchanges about history and policy along the way.

The term «red» in this context refers, of course, to communism, and alleges that Russia is still a communist country. To allow that type of smear to appear in any ‘news’ vehicle, is to expose itself as being actually a propaganda-vehicle, unless the allegation is backed up by solid documentation, which Wenner’s magazine didn’t do — Wenner’s magazine presented no documentation at all, for the inflammatory allegation. The magazine’s presumption was that their readers will simply believe what Wenner’s operation delivers, to be ipso-facto ‘true’. But any such reader would be welcoming his own deception by Wenner’s propaganda-operation. Evidently, successful magazines can insult their own subscribers’ intelligence, so long as it’s done in ‘the right way’ — the subscribers won’t despise the publisher for trying to deceive them about such important matters as what countries to invade, or whether to invade, or why to invade. The U.S. military-industrial complex (MIC) can attract cannon-fodder for its operations, by means of such ‘news’ media to produce dupes for that MIC.

During the 2016 U.S. Presidential campaign, Mr. Wenner’s propaganda-machine had ardently campaigned for the neoconservative Hillary Clinton against the moderately progressive Bernie Sanders in the U.S. Democratic Party primaries; and, then, once she (and her friend Debbie Wasserman Schultz who ran the Democratic National Committee) managed to steal the nomination from her opponent, Wenner’s operation campaigned for Ms. Clinton against her Republican opponent Trump, who claimed (falsely as it turns out, in lies exceeding Clinton’s own) to be opposed to neoconservatives (whom he has actually loaded into his Administration). Trump now relies upon neocons for his support, but perhaps Wenner and Robert Kagan and other neoconservatives won’t be satisfied until the U.S. government takes control over Russia — which cannot happen except upon all of our dead bodies (WW III) — which is precisely what Hillary Clinton was aiming for (and maybe Trump is, too). That’s how insane the U.S. aristocracy (and its PR organs such as Wenner’s) now is — they’re pushing the world toward nuclear Armageddon.

So, the American system had offered to its public a choice between two neoconservatives, one of whom hid his neoconservatism and won the election but still isn’t sufficiently neoconservative to suit the neoconservatives (such as Wenner).

What, then, about the substance of Putin’s allegation here, that the U.S. government meddles in other nations’ democratic processes?

Here are some prominent examples of that phenomenon:

From the very moment when Barack Obama became the U.S. President on 20 January 2009, the U.S. government was aiming for a ‘revolution’ to overthrow Syrian President Bashar al-Assad. Then, by no later than 2011, the operation was already under way in the U.S. State Department.

Furthermore, also by no later than 2011, a parallel operation was under way to overthrow the democratically elected President of Ukraine, Viktor Yanukovych. Whereas in Syria it would be ‘freedom fighters’ who would be paid by the Sauds but armed and trained mainly by the U.S., and mainly organized and led by Al Qaeda; in Ukraine it would be ‘Maidan demonstrators’ who would be paid by the U.S., and mainly led and organized by leaders of Ukraine’s existing two racist-facist, or ideologically nazi, political parties, Right Sektor, and the Social Nationalist Party of Ukraine (renamed by the CIA as «Svoboda» or «Freedom» Party).

Furthermore, on 28 June 2009, shortly after Obama became President, a coup by Honduras’s twenty-four richest families overthrew the democratically elected President Manuel Zelaya, who had been trying to institute land reform so that serfdom could become replaced there by a real democracy, but all governments except the U.S. refused to recognize the coup-regime, until first Hillary Clinton and then her boss Barack Obama recognized it and financed it with U.S. taxpayer money so that the international pressure to restore the democratically elected President failed and the junta-regime became stabilized. The U.S. government supported the aristocratic families, and helped them rig an ‘election’ amongst only contenders whom that oligarchy and the U.S. oligarchy supported. Much manipulation of the Honduran ‘news’ media and deceit against the Honduran public were perpetrated by both the U.S. aristocracy and the Honduran aristocracy in order to silence of else kill anyone who would challenge it. Here’s the excellent 3-minute video summary of that; and here’s my article documenting it with 72 links to the sources on that matter.

So: those are three examples of extremely severe «meddling» — Syria, Ukraine, and Honduras — all three of which occurred during Obama’s Presidency (and so we’re not talking here about Iran in 1953 or Chile in 1973 or Iraq in 2003 or anything other than the most recent U.S. President). Each and every one of them is vastly more heinous than anything that Putin and Russia did, but Russia isn’t imposing sanctions upon the U.S. Even if all of the U.S. regime’s propaganda against Russia were true, the U.S. regime does vastly more damage to democracy, and to national sovereignty, around the world, than Russia does.

On 14 June 2017, at 2:08 in the afternoon, the U.S. Senate passed, by a vote of 97 to 2 (only Rand Paul and Mike Lee voted against it) an intensification of U.S. economic sanctions against Russia, sanctions that President Obama had first instituted when Russia accepted the petition supported by more than 96% of Crimeans, for Crimea to become again a part of Russia, from which the Soviet dictator Khrushchev had transferred Crimea to Ukraine in 1954 without even consulting the residents there at all. Obama’s brutal coup overthrowing the Ukrainian President for whom 75% of Crimeans had voted is what had sparked Crimeans to seek to become, yet again — as they had been for hundreds of years until 1954 — Russians. For this ‘conquest of land’ as Obama called it, Russia was slapped with sanctions by Obama, and even now increasingly by the U.S. Congress. One of the four co-sponsors of that bill was the ‘progressive’ Democrat, U.S. Senator Sherrod Brown. Apparently, corruption (or else one would need to call it simply «evil») is quite bi-partisan. And, given that the vote to increase sanctions was 97 to 2, that corruption (or evil) is almost universal in the U.S. Senate.

This government of the United States became finally entrenched as a facsist regime on 24 February 1990, when the U.S. President, George Herbert Walker Bush, began telling America’s allies, in secret, that, though the Cold War was now ending on the Soviet side, it would be continuing on the U.S. side, until Russia itself is finally conquered by the U.S. What we’re seeing now is an intensification of that aggression by the U.S. government.
FOIA Request On Susan Rice's Unmaskings Rejected Because "Records Were Moved To Obama Library"
Back in April, Judicial Watch filed a FOIA request for documents related to the unmasking of “the identities of any U.S. citizens associated with the Trump presidential campaign or transition team” by Obama’s National Security Advisor Susan Rice. Unfortunately, and quite conveniently for members of the Obama administration, Judicial Watch has been informed by the National Security Council that records related to their request can not be shared because they ” have been transferred to the Barack Obama Presidential Library” and will “remain closed to the public for five years.”

Here is the full letter received from the National Secruity Council:

“Documents from the Obama administration have been transferred to the Barack Obama Presidential Library. You may send your request to the Obama Library. However, you should be aware that under the Presidential Records Act, Presidential records remain closed to the public for five years after an administration has left office.”

Here was Judicial Watch’s full request:
1.) Any and all requests for information, analyses, summaries, assessments, transcripts, or similar records submitted to any Intelligence Community member agency or any official, employee, or representative thereof by former National Security Advisor Susan Rice regarding, concerning, or related to the following:
- Any actual or suspected effort by the Russian government or any individual acting on behalf of the Russian government to influence or otherwise interfere with the 2016 presidential election.
- The alleged hacking of computer systems utilized by the Democratic National Committee and/or the Clinton presidential campaign.
- Any actual or suspected communication between any member of the Trump presidential campaign or transition team and any official or employee of the Russian government or any individual acting on behalf of the Russian government.
- The identities of U.S. citizens associated with the Trump presidential campaign or transition team who were identified pursuant to intelligence collection activities.
2.) Any and all records or responses received by former National Security Advisor Susan Rice and/or any member, employee, staff member, or representative of the National Security Council in response to any request described in part 1 of this request.

3.) Any and all records of communication between any official, employee, or representative of the Department of any Intelligence Community member agency and former National Security Advisor Susan Rice and/or any member, employee, staff member, or representative of the National Security Council regarding, concerning, or related to any request described in Part 1 of this request.
Luckily, even if the media and Democrats are unsuccessful at getting Trump impeached in the near future, 5 years is still enough time to make sure that his reputation is sufficiently tarnished that he gets booted from office in 2020. Even better, as The Hill points out today, Joe Biden appears to be getting groomed to take yet another shot at the White House in 2020 which means we may never actually get a shot at understanding exactly what happened in the months leading up to the 2016 election.
There Have Been 296 Earthquakes Near The Yellowstone Supervolcano Within The Last 7 Days

Authored by Michael Snyder via The American Dream blog,

Is it possible that the Yellowstone supervolcano is gearing up for a major eruption? If you follow my work on a regular basis, then you already know that I spend a lot of time documenting how the crust of our planet is becoming increasingly unstable. Most of this shaking is taking place far away from the continental United States, and so most Americans are not too concerned about it. But we should be concerned about it, because a major seismic event could change all of our lives in a single instant. For instance, a full-blown eruption of the Yellowstone supervolcano would have the potential of being an E.L.E. (extinction level event). That is why it is so alarming that there have been 296 earthquakes in the vicinity of the Yellowstone supervolcano within the last 7 days. Scientists are trying to convince us that everything is going to be okay, but there are others that are not so sure.

The biggest earthquake in this swarm occurred last Thursday evening. It was initially measured to be a magnitude 4.5 earthquake, but it was later downgraded to a 4.4. It was the biggest quake in the region since a magnitude 4.8 earthquake struck close to Norris Geyser Basin in March 2014. This magnitude 4.4 earthquake was so powerful that people felt it as far away as Bozeman…

The main quake was centered about 5.8 miles underground.

The quake and aftershocks occurred just over 8 miles northeast from West Yellowstone, according to the U.S. Geological Service.

A witness reported that she felt the building she was in move.

Dozens of people reported that they felt it in and around West Yellowstone, Gardiner, Ennis, and Bozeman.

But by itself that one quake would only be of minor concern. What is troubling many of the experts is that this earthquake has been accompanied by 295 smaller ones.

There is normally a rise in seismic activity before a volcano erupts, and according to theoretical physicist Michio Kaku, a long overdue eruption at Yellowstone could “rip the guts out of the USA”…

Scientists currently believe that there’s a 10% chance that a “supervolcanic Category 7 eruption” could take place this century, as pointed out by theoretical physicist Michio Kaku who appeared on a segment for Fox News.

The grey haired physicist told Shepard Smith that the “danger” we are now facing with the caldera is that it’s long overdue for an eruption which Kaku said could “rip the guts out of the USA.”

Kaku said that a “pocket of lava” located under the park has turned out to be twice as big as scientists originally thought.

I would like to try to describe for you what a full-blown eruption of the Yellowstone supervolcano would mean for this country.

Hundreds of cubic miles of ash, rock and lava would be blasted into the atmosphere, and this would likely plunge much of the northern hemisphere into several days of complete darkness. Virtually everything within 100 miles of Yellowstone would be immediately killed, but a much more cruel fate would befall those that live in major cities outside of the immediate blast zone such as Salt Lake City and Denver.

Hot volcanic ash, rock and dust would rain down on those cities literally for weeks. In the end, it would be extremely difficult for anyone living in those communities to survive. In fact, it has been estimated that 90 percent of all people living within 600 miles of Yellowstone would be killed.

Experts project that such an eruption would dump a layer of volcanic ash that is at least 10 feet deep up to 1,000 miles away, and approximately two-thirds of the United States would suddenly become uninhabitable. The volcanic ash would severely contaminate most of our water supplies, and growing food in the middle of the country would become next to impossible.

In other words, it would be the end of our country as we know it today.

The rest of the planet, and this would especially be true for the northern hemisphere, would experience what is known as a “nuclear winter”. An extreme period of “global cooling” would take place, and temperatures around the world would fall by up to 20 degrees. Crops would fail all over the planet, and severe famine would sweep the globe.

In the end, billions could die.

So yes, this is a threat that we should take very seriously.

But today, most Americans think of Yellowstone as little more than a fun tourist attraction. But the truth is that many tourists have discovered just how dangerous Yellowstone can be. Some have been scalded by boiling water from geysers that can get as hot as 250 degrees Fahrenheit, and one man from North Carolina recently had to be flown to a burn center after he mistakenly fell into a hot spring…

A North Carolina man was flown to the University of Utah Burn Center after falling into a hot spring at Yellowstone National Park late Tuesday night.

Gervais Dylan Gatete, 21, was with seven other people in the Lower Geyser Basin north of Old Faithful when he fell, according to a park news release.

The group attempted to transport Gatete, an employee with Xanterra Parks and Resorts, by car for medical treatment. Just before midnight, they flagged down a park ranger near Seven Mile Bridge on the West Entrance Road.

Since Yellowstone is still very active, scientists assure us that it will erupt again one day.

And when that happens, all of our lives will be completely turned upside down in a single moment.
Otto Warmbier Has Died, Family Blames "North Korea's Torturous Mistreatment", Trump Condemns "Brutal Regime… Will Handle It"

Just days after North Korea released Otto Warmbier after holding him hostage for 17 months, his family has just reported the sad news of his passing.

Warmbier was sentenced to 15 years in prison with hard labor in North Korea, convicted of subversion after he tearfully confessed he had tried to steal a propaganda banner.

The University of Virginia student was held for more than 17 months and medically evacuated from North Korea last week. Doctors said he returned with severe brain damage, but it wasn't clear what caused it.

Family Statement:

It is our sad duty to report that our son, Otto Warmbier, has completed his journey home. Surrounded by his loving family, Otto died today at 2:20pm.

It would be easy at a moment like this to focus on all that we lost – future time that won't be spent with a warm, engaging, brilliant young man whose curiosity and enthusiasm for life knew no bounds. But we choose to focus on the time we were given to be with this remarkable person. You can tell from the outpouring of emotion from the communities that he touched – Wyoming, Ohio and the University of Virginia to name just two – that the love for Otto went well beyond his immediate family. Otto went well beyond his immediate family.

We would like to thank the wonderful professionals at the University of Cincinnati Medical Center who did everything they could for Otto.

Unfortunately, the awful torturous mistreatment our son received at the hands of the North Koreans ensured that no other outcome was possible beyond the sad one we experienced today.

When Otto returned to Cincinnati late on June 13th he was unable to speak, unable to see and unable to react to verbal commands. He looked very uncomfortable – almost anguished. Although we would never hear his voice again, within a day the countenance of his face changed – he was at peace. He was home and we believe he could sense that.

We thank everyone around the world who has kept him and our family in their thoughts and prayers. We are at peace and at home too.

Fred & Cindy Warmbier and Family

Quoted by Bloomberg's Jennifer Jacobs, on the death of Warmbier Trump said "at least he got home to his parents" and added: "It's a brutal regime and we'll be able to handle it." It's unclear just how.

The White House's full, just released statement is below;

THE WHITE HOUSE
Office of the Press Secretary
FOR IMMEDIATE RELEASE
June 19, 2017

Statement by President Donald J. Trump on the Passing of Otto Warmbier

Melania and I offer our deepest condolences to the family of Otto Warmbier on his untimely passing. There is nothing more tragic for a parent than to lose a child in the prime of life. Our thoughts and prayers are with Otto's family and friends, and all who loved him.

Otto's fate deepens my Administration's determination to prevent such tragedies from befalling innocent people at the hands of regimes that do not respect the rule of law or basic human decency. The United States once again condemns the brutality of the North Korean regime as we mourn its latest victim.

And here John McCain who wants to “state the facts plainly: Otto Warmbier, an American citizen, was murdered by the Kim Jong-un regime.”
Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash
We’ve written frequently in recent months about the coming subprime auto crisis which will very likely be prompted by a wave of off-lease vehicles that will flood the market with used inventory over the coming years. In fact, Morgan Stanley recently predicted that the surge in used inventory could result in as much as a 50% crash in used car prices over the next couple of years which would, in turn, put further pressure on the new car market which has already resorted to record incentive spending to maintain volumes.

Here are just a couple of our most recent notes on the topic:
Of course, while pretty much anyone has been able to purchase that brand new BMW of their dreams over the past 5 years…courtesy of a surge in subprime lending volumes….

…getting out of those loans once used car prices crash and millions of Americans are left with massive negative equity balances won’t be quite so easy…just ask Yvette Harris who is still making payments on her 1997 Mitsubishi nearly a decade after her car was repossessed. Per the New York Times:

More than a decade after Yvette Harris’s 1997 Mitsubishi was repossessed, she is still paying off her car loan.

She has no choice. Her auto lender took her to court and won the right to seize a portion of her income to cover her debt. The lender has so far been able to garnish $4,133 from her paychecks — a drain that at one point forced Ms. Harris, a single mother who lives in the Bronx, to go on public assistance to support her two sons.

“How am I still paying for a car I don’t have?” she asked.

For millions of Americans like Ms. Harris who have shaky credit and had to turn to subprime auto loans with high interest rates and hefty fees to buy a car, there is no getting out.

Many of these auto loans, it turns out, have a habit of haunting people long after their cars have been repossessed.

And while the aggregate subprime auto credit balances are no where near the trillions in debt that was extended to subprime mortgage borrowers leading up to the great recession, for many low-income Americans the fallout could actually be worse because they can’t simply walk away.

With mortgages, people could turn in the keys to their house and walk away. But with auto debt, there is increasingly no exit. Repossession, rather than being the end, is just the beginning.

“Low-income earners are shackled to this debt,” said Shanna Tallarico, a consumer lawyer with the New York Legal Assistance Group.

Meanwhile, with low-income borrowers unable to afford a lawyer in many cases, defendants often skip court dates and don’t even realize they’re still on the hook for payments until debt collectors start to garnish their wages.

“Essentially, the dealers are not selling cars. They are selling bad loans,” said Adam Taub, a lawyer in Detroit who has defended consumers in hundreds of these cases.

Many lawyers assisting poor borrowers like Ms. Robinson say they learn about the lawsuits only after a judge has issued a decision in favor of the lender.

Most borrowers can’t afford lawyers and don’t show up to court to challenge the lawsuits. That means the collectors win many cases, transforming the debts into judgments they can use to garnish wages.

Of course, if used car prices tank leaving millions of people with negative equity balances and defaults from auto loans they could never afford in the first place…you know what that means for new car prices…
Deep State Operatives Attempt A Coup D'Etat Of Donald Trump

Authored by Mac Slavo via SHTFplan.com,

Presidential historian and author Doug Wead claims that the deep state, which has successfully overthrown the governments of foreign countries, is going to continue to actively seek a coup d’etat of the duly elected president of the United States.

If there was ever a time in history to be concerned about another rise in communism, now is that time. Wead says that the deep state is determined to overthrow Donald Trump. The presidential historian refused to mince words, saying:

We have very skilled, talented professionals. They’ve overthrown governments in Vietnam and the Philippines, in Iraq and Iran, in Egypt, in the Ukraine. Duly elected democratic governments.

They created what they called 'popular uprisings'…

Here we go, let's try this is America…

There's no going back."

Of course, we should expect nothing less from shadow governments. The very same people who work in the State Department, some of them in intelligence, and some of them in the media, have successfully caused uprisings in several other countries. They’ve worked together to overthrow foreign governments, and Wead believes Trump is a thorn in their side preventing a global takeover.

The deep state has become somewhat of a mainstream topic of discussion since Trump’s election. Before, it was more of a “conspiracy theory.” But the goals of the deep state are simple: the complete enslavement of mankind by political elites.

They [republicans in congress] see themselves as “partners” with the Left in the same game: to establish an elitist politico-oligarchic ruling class, broken down into divisions throughout the globe for ethno-cultural manipulation, yet with the same end-state.

That goal is the enslavement and complete control of all of mankind with the elitists ensconced as the ruling moneyed class. They see themselves as the educated, sensible minority with tender sensibilities and true humanistic views…who must…must…take a stand in the globalist crusade against the barbaric Neanderthals of the proletariat and populist serfs.

–SHTFPlan

The average IQ of an American has dropped 14 points over the past century and with the media actively peddling propaganda, there’s no need for anyone to desire their own mental and physical freedom. In fact, we now hear the weakest members of society clamor for communism, as if they wouldn’t be the first the state “extinguishes” in the event that they succeed. Communism preys on those who are producers and has little interest in those who actually desire it.

It has been apparent to those not blinded by partisan politics that something is going on in the government right now, yet most simply call it a “witch hunt,” simply for lack of wanting to admit the deep state exists. It certainly looks like a battle between democracy and the deep state. And we aren’t sure we’d put money on democracy at this point in history.
Moody's Cuts Aussie Bank Ratings Due To "Tail Risk" Concerns

Back in 2007, the ratings agencies were so woefully behind the eight ball in understanding and reporting the credit risks in the U.S. financial system that it was nearly impossible to tell from day to day whether they were really just that incompetent or if they were complicit in the biggest financial fraud in history. Regardless of which you believe is more likely, they seem intent upon not making the same mistake again…at least not in Australia.

As The Sydney Morning Herald points out today, Moody’s has cut the long-term credit rating of Australia’s four biggest banks after pointing to surging home prices, rising household debt and sluggish wage growth as potential threats to the financial industry down under. Australia & New Zealand Banking Group Ltd., Commonwealth Bank of Australia, National Australia Bank Ltd. and Westpac Banking Corp. were all downgraded to Aa3 from Aa2, Moody’s said in a statement released earlier today. Per The Sydney Morning Herald:

“In Moody’s view, elevated risks within the household sector heighten the sensitivity of Australian banks’ credit profiles to an adverse shock, notwithstanding improvements in their capital and liquidity in recent years,” the statement said.

“In Moody’s assessment, risks associated with the housing market have risen sharply in recent years. Latent risks in the housing market have been rising in recent years, because significant house price appreciation in the core housing markets of Sydney and Melbourne has led to very high and rising household indebtedness,” the statement said.

“The rise in household indebtedness comes against the backdrop of low wage growth and structural changes in the labour market, which have led to rising levels of underemployment.

“Whilst mortgage affordability for most borrowers remains good at current interest rates, the reduction in the savings rate, the rise in household leverage and the rising prevalence of interest-only and investment loans are all indicators of rising risks.”

Of course, as we’ve pointed out multiple times before, the Chinese money laundering operation…sorry, we meant Sydney “housing market”…puts the previous U.S. housing bubble to shame.

Of course, all of the banks that are now being downgraded are the same ones that assured us just a couple of months ago that Australian home prices were not in a “speculative bubble.” Testifying before a parliamentary committee, the chief executives of National Australia Bank, Westpac Banking and Commonwealth Bank of Australia all said that while they were worried about elements of the housing market, prices weren’t over-inflated. Per Bloomberg:

“I would draw the distinction between a speculative bubble in prices and prices beyond what fundamentals would justify,” Westpac’s Brian Hartzer told the committee in Canberra Wednesday. A bubble isn’t occurring in Sydney or Melbourne, where house prices have risen the most, he said.

“There are increasing risks, but I still believe the answer is no,” National Australia Bank’s Andrew Thorburn said when asked if houses in Sydney and Melbourne are overpriced.

Commonwealth Bank, the nation’s largest mortgage lender, is “lending at levels we are comfortable with” across Australia, Chief Executive Officer Ian Narev told the committee when he testified Tuesday.

Meanwhile, the ever-important “crane-index” helps to put some perspective around just how ‘bubbly’ the Australia market has become.

Of course, maybe Australia’s bankers are right and bubbly home prices are just the result of strong fundamentals. Although, the last time a prominent banker made a similar prediction in the U.S. he turned out to be just a bit off the mark. Ben Bernanke (July 2005):

“Well, unquestionably, housing prices are up quite a bit; I think it’s important to note that fundamentals are also very strong. We’ve got a growing economy, jobs, incomes. We’ve got very low mortgage rates. We’ve got demographics supporting housing growth. We’ve got restricted supply in some places. So it’s certainly understandable that prices would go up some. I don’t know whether prices are exactly where they should be, but I think it’s fair to say that much of what’s happened is supported by the strength of the economy.”

Oops.
CNN's Jim Acosta Throws Dramatic Tantrum Over Sean Spicer's Silent Press Briefing

Content originally published at iBankCoin.com

CNN’s Jim Acosta is beside himself after (soon to be former) White House Press Secretary Sean Spicer called for the media to turn off cameras and audio recording devices for a ‘silent’ press briefing. Acosta, apparently unaware that there was a time when the Press Corps used to take notes by hand, staged a silent protest by tweeting a picture of his retarded socks.

The Spicer off-camera/no audio gaggle has begun. I can’t show you a pic of Sean. So here is a look at some new socks I bought over the wknd pic.twitter.com/wO9erspwYa

— Jim Acosta (@Acosta) June 19, 2017

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“If he can’t come out and answer the questions and they’re just not gonna do this on-camera or audio—why are we even having these briefings or these gaggles in the first place?”

STONEWALLED!

Acosta tweeted that he was ‘stonewalled’ by Spicer’s silent briefing.

Make no mistake about what we are all witnessing. This is a WH that is stonewalling the news media. Hiding behind no camera/no audio gaggles

— Jim Acosta (@Acosta) June 19, 2017

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The CNN host then whined on air about being passed over for questions. Looks like the White House’s war on Fake News is getting under Jim’s skin…

It’s like we’re just covering bad reality television, is what it feels like now.

How will the press corps ever recover? Will the ever-evasive White House confiscate pencils and paper next? Can Jim Acosta walk and chew gum at the same time?

Watch the anchor-socked anchor’s dramatic tantrum below:

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