Taking The Fight To The Next Level,
Going After The Elite’s Dark Money
– Episode 1337
As the Greek crisis continues to spiral downward, the housing market gets hit and value of homes decline dramatically.
Rental growth declines, following a similar pattern in 2007 going into the 2008 recession. Philly Fed slumps.
Corporate media reports that too many Americans are purchasing homes they can’t afford, it begins. ECB is ready to push stimulus if the economy starts to decline and falter.
The central banks know that the collapse is headed our way, this is why they are prepared with stimulus.
The Fed, like they have done in the past has fooled the American people, they will be rising rates, to bring down the economy.
Trump Jr. Manafort and Kushner prepare to testify in front of the Senate.
Sessions pushes his agenda for civil asset forfeiture laws nationwide.
Mueller is going after Trump’s personal finances.
The gulf nations scale back on their demands for Qatar, now the US is teaming up with Qatar to go after the elite, pushing the agenda of going after the dark financing of terrorism.
Russia sell the T-90 tank to Iraq.
Travel warning in Jordan, is something about to happen?
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Current News – 07.20.2017
- The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece’s first residences, declined by 34%, from 106,340 euros in 2009 to 69,834 euros in 2014.
- Official data by the Bank of Greece show that in the first quarter of 2017 apartment prices were on average down by 1.8% compared to the corresponding quarter of 2016.
- For the whole of 2016, apartment prices declined by 2.4% year-on-year against a decrease of 5.1% in 2015.
- The Wall Street Journal published a headline today that should strike fear into the heart of every crusaders in the fight for $15: “Robots Are Replacing Workers Where You Shop.”
“Last August, a 55-year-old Wal-Mart employee found out her job would now be done by a robot. Her task was to count cash and track the accuracy of the store’s books from a desk in a windowless back room. She earned $13 an hour.
Instead, Wal-Mart Stores Inc. started using a hulking gray machine that counts eight bills per second and 3,000 coins a minute.
- Wal-Mart has a Cash360 machine in nearly all of its 4,700 US stores, eliminating thousands of jobs in what is yet another example of how automation will soon replace hundreds of thousands of jobs in the retail and food-service industries.
- Single-family rents, as measured by the CoreLogic Single-Family Repeat Rent Index (SFRI), climbed steadily between 2010 and 2016. However, as CoreLogic reported last week, rent growth has seen a material decline during the last 18 months. The index shows that rent growth has been slowly decelerating (Figure 1) since February 2016 when it peaked at a 4.3% year-over-year increase.
- Rent growth varies significantly across metro areas and over time.
- Another day, another ‘soft’ data point disappointments and heads towards it ‘hard’ data reality. This time is the turn of the Philly Fed survey, which missed expectations and dropped to 19.5 – its lowest since Nov 2016.
- New Orders collapsed, employees tumbled, and average workweek slumped…
- Even with mortgage rates near record lows, almost 40 million Americans live in housing they can’t afford, according to new research by Harvard University.
- ” The ECB said it was also ready to extend QE “in terms of size and/or duration” if economic outlook worsens or financial conditions “become inconsistent with further progress towards a sustained adjustment in the path of inflation.”
- The Fed will indeed continue its interest rate hikes unabated, and here’s why…
- The tone set by the central bank on interest rates has been overwhelmingly “hawkish” over the past six months. Minutes from the Fed’s June meeting mention a concern over stocks being “too high,” and the potential for “market risks.” Fed officials also cite concerns that markets have been ignoring rate hikes with blind exuberance. The Fed has continued rate hikes through 2017 despite a constant barrage of negative data, causing confusion in the financial world.
- First, it is important to understand that everything the Fed does and says publicly is highly calculated. When there is confusion surrounding Fed rhetoric, it is often strategic, not random. Yellen’s admission to the U.S. House Financial Services Committee that low inflation is a concern conflicts with numerous Fed statements made previously.
- For example, last month Yellen surprised analysts with her claim that she “expects no new crisis in our lifetimes.” This is an extremely confident and hawkish sentiment on top of numerous other arguments in favor of interest rate hikes regardless of low inflation. Only weeks later, inflation is suddenly a concern?
- Investors immediately interpreted Yellen’s mention of low inflation to mean that the Fed was backing away from its hard stance on rate hikes, as well as its pursuit of reductions in its balance sheet. What they completely ignored was the fact that Yellen also reiterated to the same Financial Services Committee the Fed’s intention to CONTINUE rate increases at the current pace.
- The Fed has used this method of mixed messages before. During the lead up to the taper of quantitative easing,
- Using history as our guide, central bankers like to conjure an environment of fiscal dangers, then they warn of those danger too little too late, and then claim ignorance of their own activities after the crash.
- This is nothing new in our era. Former Fed chairman Alan Greenspan publicly admitted in an interview that the central bank knew an irrational bubble had formed, but claims they assumed the negative factors would “wash out.”
- Once they are ready to allow their planned implosion to occur, the central bankers are more than happy to throw investors to the wolves.
- In conclusion, I would like to leave readers with a quote from Great Depression era Federal Reserve chairman Roy Young.
- Donald Trump Jr. and former Trump campaign chair, Paul Manafort, are set to testify before the Senate Judiciary Committee in a public hearing next Wednesday, The Senate judiciary committee hearing, entitled “Oversight of the Foreign Agents Registration Act and Attempts to Influence U.S. Elections: Lessons Learned from Current and Prior Administrations”, will take place on July 26.
- Separately, Donald Trump’s son-in-law and White House senior adviser Jared Kushner has agreed to appear before the Senate Intelligence Committee in a closed hearing on Monday, July 24
- Robert Mueller wil be probing Trump’s business transactions and will extend his investigation to examining the dealings of Kushner and Manafort.
the U.S. special counsel investigating possible ties between the Donald Trump campaign and Russia in last year’s election is examining a broad range of transactions involving Trump’s businesses as well as those of his associates, according to a person familiar with the probe.
FBI investigators and others are looking at Russian purchases of apartments in Trump buildings, Trump’s involvement in a controversial SoHo development with Russian associates, the 2013 Miss Universe pageant in Moscow and Trump’s sale of a Florida mansion to a Russian oligarch in 2008, the person said.
- When you’re a government agency, asking for a tax increase is always a hassle.
- One such ‘hidden’ method of seizing wealth from the taxpayers is through what is now called “civil asset forfeiture.”
- This occurs when a law enforcement agency seizes the assets – including real estate, cars, cash, and other valuables – from private citizens based merely on the suspicion that the person has committed a crime with the assets in question. No due process is necessary. No conviction in a court of law need occur. While it is technically possible to sue a government agency to reclaim one’s possessions, this requires immense amounts of time and legal fees to pursue. Needless to say, civil asset forfeiture has become a lucrative source of income for law enforcement agencies. And, over the past 30 years, the practice has become widespread.
- As Martin Armstrong detailed, between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. Now, according to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses.
- This means that the police are now taking more assets than the criminals.
- At every turn, “we the people” are getting swindled, cheated, conned, robbed, raided, pickpocketed, mugged, deceived, defrauded, double-crossed and fleeced by governmental and corporate shareholders of the American police state out to make a profit at taxpayer expense.
- Attorney General Jeff Sessions has previously declared his love for civil asset forfeiture, the Supreme Court keeps marching in lockstep with the police state
- Some state legislatures (Florida, Michigan, Nebraska, New Mexico, and Ohio) are beginning to push back against these clearly unconstitutional asset forfeiture schemes.
- the U.S. Justice Department announced on Wednesday that the federal government will reinstate a program that helps local and state law enforcement seize cash and other assets they suspect have been earned from crimes.
- Local police will now be able to seize cash, often from those suspected of drug crimes, even in states that do not condone the policy.
- The Police State’s tentacles just reached a little further into your ‘pocketbook’ as what has become known as “policing for profit,” goes nationwide.. by federal law!
- police can sezie proeprty from people not charged with crimes even in states where it is banned)…
- We leave it to Liberty Blitzkrieg’s Mike Krieger to sum it all up…Washington D.C. has become a clear threat to hundreds of millions of Americans who just want to lead a decent lives for themselves and their families. The only policies coming out of that cesspool have made things far worse for the political and economic well-being of the vast majority of us. The time for us to take our constitutional powers back and reinstate self-government is long overdue.
- Prime Minister Theresa May has shrugged off accusations that her government is ‘sitting’ on a report on alleged Saudi Arabian funding of UK extremists in order to protect diplomatic ties and lucrative trade deals with the Gulf kingdom.
- Escalation of the diplomatic row between Berlin and Ankara ended in a clear message. Foreign Minister Sigmar Gabriel warned German citizens that they risk arrest if they travel to Turkey.
- Foreign Minister Sigmar Gabriel said Germany had revised its travel advice in the wake of the recent arrests of several human rights activists, including German national Peter Steudtner.
- Steudtner “was no Turkey expert – he never wrote about Turkey, he had no contacts in the political establishment … and never appeared as a critic,” Gabriel told reporters.
- He added that this meant that any German national travelling to Turkey could suffer the same fate.
- North Korea may be preparing for another missile launch aimed at the United States.
- North Korean submarine was engaged in “unusual deployment activity” over the past 48 hours. The 65-meter-long submarine has sailed 62 miles out into international waters in the Sea of Japan/ East Sea, farther than the vessel has ever gone before.
- U.S. officials are following the submarine via reconnaissance and the abnormal activity caused American and South Korean forces to slightly raise their alert level, according to one of the officials.
- The rebel-held area is getting smaller.
- Faced with embarrassing reports of the United Arab Emirates having hackedQatari media, and the looming threat of lawsuit, the Saudi-led blockading states are increasingly on their heels in the crisis, and have today replaced their 13 demands for Qatar with “six principles.”
- The principles are broader (and more vague) t
- Gone are demands for Qatar to close all diplomatic facilities in Iran, gone is the demand for a fine, and gone is the demand that Qatar expel Turkey from their military base.
- Indeed, the six principles heavily boil down to just 3 of the previous demands. They want Qatar to commit to not providing “havens” for extremist groups, they want full endorsement of the leaked GCC documents, which mostly boils down to supporting other GCC states’ governments and the Egyptian junta. Everything else could be summarized as broadly muzzling al-Jazeera.
- The United States will post officials at the Qatari state prosecutor’s office as part of a Qatari-U.S. agreement signed this month to fight the financing of terrorism,
- Other actions in the agreement include imposing travel bans, enforcing surveillance and freezing the assets of individuals with suspected links to terrorism. The accord points to internationally agreed definitions of terrorism without specifying particular groups.
- The deal suggests White House officials hope to use the Gulf crisis over Qatar as a way to stem alleged financing flows from the wealthy region to extremist groups.”It’s a very strong agreement. If followed, this should achieve exactly what Trump requested in the Riyadh summit,” said the Western official.
- Russia has sent its second humanitarian aid flight to Yemen today, to help the people who are dealing with famine and an outbreak of cholera following the Saudi-led war.
- “The Russian Emergencies Ministry has started loading the Il-76 aircraft with more than 23 tons of humanitarian supplies to be delivered to Yemen,” the ministry’s press service told TASS news agency on Wednesday.
- Saudi air blockade
- The conflict has also left more than 17 million people in the country food-insecure, with some 6.8 million of them in need of immediate aid.
- Moscow and Baghdad have struck a major deal to deliver “a large batch” of advanced Russian-made T-90 tanks to the Iraqi military, The T-90s will reinforce the Iraqis’ M1A1 Abrams fleet damaged in the fight against Islamists. tank’s manufacturer, reported it will deliver 73 T-90S and T-90SK tanks to Iraq this year. The company’s annual 2016 report released in July mentioned a contract with “foreign customer 368” – a Russian defense industry designation for Iraq – to be fulfilled in 2017.Iraq reportedly made the decision to purchase the Russian military hardware following the successful performance of the tanks in Syria, Izvestiya noted.
- Russia and the United States are in talks on establishment of a cybersecurity group, the special representative of the Russian president for international cooperation in information security,
- US President Donald Trump and Russian President Vladimir Putin met for more than two hours on the sidelines of the G20 summit in Hamburg, Germany, last Friday. During their talks, Trump showed support for the idea of setting up a joint cybersecurity unit, the Russian Foreign Ministry said.
- Trump later appeared to back away from the idea of cooperating with Russia on cybersecurity, saying in a Twitter post that the fact that he discussed a cybersecurity unit with Putin does not mean he thinks it can happen.
- “Different proposals are being exchanged and are being studied,
- The U.S. Department of State warns U.S. citizens to consider the risks of travel to and throughout Jordan due to persistent terrorist threats. The self-proclaimed Islamic State of Iraq and ash-Sham (ISIS), its affiliates, sympathizers, and other violent extremist groups have successfully conducted attacks in Jordan and continue to plot against local security forces, U.S. and Western interests, and “soft” targets. Jordan’s prominent role in the counter ISIS Coalition and its shared borders with Iraq and Syria increase the potential for future terrorist incidents. This replaces the Travel Warning issued December 23, 2016.