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Trump’s Re-election? Did the Federal Reserve Already “Decide the 2020 US Election”?

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As of beginning July 2019 prospects look positive for a re-election ofDonald Trump as President in November 2020. Headline stock market and GDP figures all look positive…at the present. The huge unanswered question is whether that can be sustained until the fateful elections. We see signs already that spell potential trouble for the Republicans.

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A major problem for the Trump prospects to win a second term in November 2020 is the fact that since 1913 no American President, nor the Congress, control the decisions of the central bank, the legendary Federal Reserve or Fed. What few are aware of is the fact that the Fed is not a government agency. This is despite the fact the President nominates persons to serve as directors. The reality is that the Fed is privately owned largely by the international banks and financial groups that control global money flows. They determine in complex ways the control of US money creation, the heart of the economy.

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In December 1913 a cabal of Wall Street Republican international bankers led by J.P. Morgan, John D Rockefeller, Paul Warburg and cronies pulled off the fateful coup d’etat that saw “Democrat” Woodrow Wilson sign away the money power of the government to the bankers. Since then, the Fed has determined the course of the nation’s economy independent of the interests of the national economy or the citizens.

The President of the New York Fed, Benjamin Strong, as head of the most powerful of the 12 reserve banks, literally determined the fate of the US and Europe until his death in 1928. His interest rate policies were directly responsible for creating the 1920s stock market bubble and the October 1929 Wall Street Great Crash. That in turn led to the 1931 global banking crisis and the Great Depression. It was the Fed under Allan Greenspan that was responsible for the creation of the securitization USA housing bubble and also for its deliberate destruction into the “Great Recession” of 2007-2008, a key factor in the 2008 Obama win. This Fed is the real power over economic good times or bad.

It can be demonstrated that every recession or boom, every so-called business cycle since 1914 has been determined by the Fed. When Donald Trump became President he selected several directors of the Fed Board of Governors, including Chairman Jerome Powell beginning February 2018, apparently believing Powell would continue an easy money regimen.

When Powell and the Fed continued the Janet Yellen interest rate increases and withdrawal from Quantitative Easing by selling off the assets it bought after the 2008 financial crisis, the effects were initially overshadowed by the Trump tax law and other factors that spurred both the stock market, the dollar and the economy. By late 2018, however, it began to become clear that the Fed was on course to create a collapse of the post-2008 asset bubble in stocks and real estate, prompting unprecedented criticism from Donald Trump of Jerome Powell, his choice for Fed chairman.

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By December 2018, almost a year into Powell’s term, financial markets appeared in freefall, the stock markets down by 30% in six weeks, junk bond markets freezing and oil prices down by 40%. At that point on the urging of a group of influential business people, Trump began to attack Powell for trying to create a new recession.

By March 2019 Powell announced the Fed would likely not raise Fed Funds rates as had been planned further in 2019, holding it at 2.375%, suspending plans to do three or four added rate hikes in 2019. Markets were euphoric.

But by then Fed prior actions had set into motion deep shifts in the economy which are now becoming undeniable. Monetary actions tend to have a lag effect of six to nine months in the real economy. The aggressive Fed tightening through the end of 2018 is just beginning to show damage in the real economy. This is beginning to concern the White House. Here are some preliminary indicators that all is not peachy.

Trucking and Agriculture

According to the Bank of America’s Trucking Diffusion Index for the week of June 21, the national truck freight outlook hit the lowest level since October, 2016, just before the US elections. More alarming, the indicator is down 29% year-on-year, the largest decline since the index started. The current US outlook for freight demand is at a five-year low. Reports are that the construction sector is struggling due to weather issues in key markets.

What this suggests is that the volume of goods being shipped by truck through the US economy is showing a not healthy trend. How long this goes on is at this point not clear. It is an indicator of real problems.

If we add to this the developing crisis in US agriculture, the picture becomes darker not only for trucking but for the overall economy. Record rainfall across the Midwest farmbelt has so far had a devastating impact on crop prospects well into the key summer growing season.

The US Department of Agriculture cut its estimate of the corn harvest, a rare event, in June. Farmers say the government is downplaying the crisis. In addition lack of Congressional action on the Mexico and Canada trade agreements and the Chinese restrictions on US soybean exports are combining to create one of the worst US farm crises in recent years. The US Farm Bureau Federation, a major lobby, has stated that a third emergency farmer bailout would be necessary if export markets for US farm products are not soon reopened. The Farm Bureau states that the combination of disruption of key export markets together with low spot prices, high inventory levels, a slowing economic outlook, and damaging weather across the Midwest, “could culminate into a full-blown farm crisis on par to the 1980s.”

These are not the only signs of storm clouds in the US economy. Sales of existing homes have declined on a Year-on-Year basis for 15 straight months. Rising interest rates are a major deterrent for home buying. Further, the monthly Philadelphia fed survey of Business Outlook expectations, which monitors expected company new orders, sales, employment and other indicators of business activity, registered a sharp drop from 16.6 in May to only 0.3 in June.

This all does not yet indicate a full recession in the overall economy. However it shows how vulnerable the fragile recovery from the 2008 debacle still is. In this situation the Powell Fed is not at all playing a constructive role.

Powell proclaims Fed Independence

On June 25, Fed Chairman Powell gave a speech to the New York Council on Foreign Relations, the original think-tank of the Wall Street bankers created in the wake of World War I parallel to the British Chatham House. In his remarks Powell stressed the Fed’s independence from political pressures: “The Fed is insulated from short-term political pressures — what is often referred to as our ‘independence,” Powell said. “Congress chose to insulate the Fed this way because it had seen the damage that often arises when policy bends to short-term political interests. Central banks in major democracies around the world have similar independence.” It was a declaration of independence from Trump.

The reality, as Donald Trump noted repeatedly in public speeches in March and April, despite the Fed statement about interest rate pause in March, the Fed has not stopped tightening. It is via the little-noticed policy called Quantitative Tightening, the moves by the Fed to tighten money liquidity in the banking system and economy by forcing major banks to buy back some of the almost $4 trillion in corporate bonds and other assets the Fed bought to bail out the major banks and financial giants after the September 2008 Lehman Bros. crisis.

In early 2018 as it was simultaneously raising Fed Funds interest rates, the Fed delivered a double-whammy effect on market interest rates by “selling” some $50 billion a month of its assets from the unprecedented Quantitative Easing (QE) experiment of 2008. QE was a de facto policy of Fed money printing by buying select bonds and other securities, including mortgages, from primary security dealer banks, giving them huge liquidity in return. QT is the attempt to put the QE liquidity Genie back in the bottle by reversing the process, a highly dangerous experiment, one by no means urgent.

As the impact of Fed QT actions began to cause alarm, in February 2019 the Fed agreed to reduce the tightening, but only from $50 to $40 billion a month until now. That comes to almost half-a-trillion dollars less liquidity in the economy annually, not small. If a recession now unfolds over the next 16 months until the November, 2020 elections, it will once again by the “gods of money” at the Fed and their banker backers who caused it. If Trump then loses the 2020 re-election it will owe more to the Fed than to his bizarre Democrat opponents.


 

This article was written by F. William Engdahl, originally posted by the Center For Research on Globalization, posted here with permission. Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook” where this article was originally published. He is a frequent contributor to Global Research.

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Abductions & Car Vandalism – Startling Australian UFO Report Unclassified

Gautam Peddada

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An uncovered Australian report performed by their Department of Defence. “Scientific Intelligence — General — Unidentified Flying Objects” is trending again. Those who have done extensive research on UFOs will find the Australian version of disclosure to be far more intellectually honest than the American version. Albeit it was conducted decades ago.

According to ex-US intelligence official Luis Elizondo, the Defense Department’s Inspector General is presently conducting three reviews. The inquiries vary from the Department of Defense’s handling of UFO claims to Elizondo’s alleged whistleblower retribution. The open IG cases are crucial to Australia’s report because they establish beyond a shadow of a doubt that the US Department of Defense is being dishonest and shady when it comes to the UFO subject. For decades, Australia has been a loyal friend of the United States. Within Australia’s boundaries, they share a military installation (Pine Gap). When a close defense ally’s intelligence agencies determined that the US was not being intellectually honest in its approach, perhaps it is reasonable to conclude that there is more to the tale than the 144 incidents studied since 2004 by the UAPTF.

The CIA became alarmed at the overloading of military communications during the mass sightings of 1952 and considered the possibility that the USSR may take advantage of such a situation.

Australian UFO study.

According to the summary, OSI, acting through the Robertson-Panel, encouraged the USAF to use Project Blue Book to publicly “debunk” UFOs. In a tragic twist of fate, when Australian authorities sought explanations from the US Air Force, the allegation was debunked. The authors of the study were depicted as conspiratorial and even crazy by the US Air Force. Ross Coulthart reported this, and it may be heard in a recent Project Unity interview. Courthart is an award-winning investigative journalist who is drawn to forbidden subjects. He also stated on the same podcast that a senior US Navy official identified as Nat Kobitz told him that the US had been in the midst of reverse-engineering numerous non-human craft. According to his obituary, Mr. Kobitz was a former Director of Research and Development at Naval Sea Systems Command.

Continue reading the entire article at The Pulse. 

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Exopolitics

New UFO Film Questions What The US Government Is Hiding

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CE Staff Writer 2 minute read

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The US recently released its highly anticipated Pentagon UAP report, but it wasn’t much more than a 9 page rundown of what has been known for decades. Regardless, for many, what was promising was that the UFO subject was being taken seriously again – and perhaps many more scientists might get involved.

For decades many have been warning about leaving UFO disclosure in the hands of a government that likes to use crisis’ or current events to expand its defense budgets. Further, why would we suddenly expect a government, who has been lying about this subject for 70 years, to suddenly come forth with the truth? What would inspire them to suddenly change their mind?

Perhaps it’s because the search for ET is an idea who’s time has truly come. We’ve reporting on this for over 13 years, and are mongst a community of researchers who have been encouraging humanity to look at the evidence for more than 70 years. It feels like an idea that human collective consciousness is more than ready to explore.

The impact the ET question has on our individual and collective worldview has the power to truly change the way we view ourselves and the meaning of life here on earth. Think of the implications answers to this question could have on how we set up and run our society as well. Technology, culture, collaboration etc – I spoke about this more in great detail in my extended interview for Greer’s. prior film Close Encounters of The Fifth Kind here.

Now, a new documentary from Dr. Steven Greer, directed by my good friend Michael Mazzola, seeks to explore what the films calls “the current government and media disinformation campaign promoting 3 big lies:”

1. We do not know what these UAPs/ UFOs are. WE DO.
2. Humans cannot make craft that can maneuver like UFOs. WE CAN and WE DO.
3. The UFOs are a threat. THEY ARE NOT.

Bold statements. Watch the film below and see what resonates most with you.

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PGA Tour To End COVID Testing For Both Vaccinated & Non-Vaccinated Players

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CE Staff Writer 4 minute read

In Brief

  • The Facts:

    The PGA Tour has announced that it will stop testing players every week, regardless of whether they have been vaccinated or not.

  • Reflect On:

    Are PCR tests appropriate to identify infectious people? Should people who are healthy and not sick be tested at all, anywhere?

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

The picture you see above is of John Rahm, a professional golfer on the PGA tour being carted off the golf course after tournament officials told him he had COVID. He was healthy and had no symptoms, yet was forced to withdraw from the tournament. He was told in front of the camera’s, and a big scene was made out of the event. You would think something like that, especially when you are a big time sports figure, would be done behind closed doors with some privacy.

Earlier on in June a spokesperson for the PGA Tour said that more than 50 percent of players on the PGA tour have been vaccinated. Although it seems that the majority of players on the tour will be fully vaccinated judging by this statement, it does leave a fairly large minority who won’t be, and that’s something we’re seeing across the globe as COVID vaccine hesitancy remains high for multiple reasons.

We are pleased to announce, after consultation with PGA Tour medical advisors, that due to the high rate of vaccination among all constituents on the PGA Tour, as well as other positively trending factors across the country, testing for COVID-19 will no longer be required as a condition of competition beginning with the 3M Open. – PGA tour Senior VP Tyler Dennis

The tour recently announced that the testing of players every week will stop starting in July for both the vaccinated and the unvaccinated. This was an unexpected announcement given the fact that, at least it seems in some countries, vaccinated individuals will enjoy previous rights and freedoms that everyone did before the pandemic. Travelling without need to quarantine and possibly in the future not having to be tested could be a few of those privileges. Others may include attending concerts, sporting events, or perhaps even keeping their job depending on whether or not their employer deems it to be mandatory, if that’s even legally possible. We will see what happens.

Luckily for professional golfers, regardless of their vaccination status they won’t have to worry about testing positive for COVID, especially if they’re not sick. This is the appropriate move by the PGA tour, who is represented by their players and it’s a move that the players themselves may have had a say in. It’s important because PCR tests are not designed nor are they appropriate for identifying infectious people. A number of scientists have been emphasizing this since the beginning of the pandemic. More recently, a letter to the editor published in the Journal of infection explain why more than half of al “positive” PCR tests are likely to have been people who are not infectious, otherwise known as “false positives.”

This is why the Swedish Public Health agency has a notice on their website explaining how and why polymerase chain reaction (PCR) tests are not useful for determining if someone is infected with COVID or if someone can transmit it to others, and it’s better to use someone who is actually showing symptoms as a judgement call of whether or not they could be infected or free from infection.

PCR tests using a high cycle threshold are extremely sensitive. An article published in the journal Clinical Infectious Diseases found that among positive PCR samples with a cycle count over 35, only 3 percent of the samples showed viral replication. This can be interpreted as, if someone tests positive via PCR when a Ct of 35 or higher is used, the probability that said person is actually infected is less than 3%, and the probability that said result is a false positive is 97 percent. This begs the question, why has Manitoba, Canada, for example, using cycle thresholds of up to 45 to identify “positive” people?

When it comes to golf, the fact that spread occurring in an outdoor setting is highly unlikely could have been a factor, but it’s also important to mention that asymptomatic spread within one’s own household is also considerably rare. It really makes you wonder what’s going on here, doesn’t it?

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