Wednesday, October 30, 2019

Whistleblower Exposed

Eric Ciaramella
His name is Eric Ciaramella, he is 33 and a CIA analyst who was stationed in the White House.  He didn't see or hear anything directly, so he is not a whistleblower, just a guy with an agenda.

The most interesting thing about him is the fact that somebody wants to keep his name a secret. "Fearing their anonymous witness could be exposed, Democrats this week blocked Republicans from asking more questions about him and intend to redact his name from all deposition transcripts."  

However, if you are going to accuse the President of the serious crime, if that is what it is, of asking for an investigation of Biden's corrupt son, then fairness dictates that his name should be made public. "RealClearInvestigations is disclosing the name because of the public’s interest in learning details of an effort to remove a sitting president from office."

There was a conspiracy to keep his name a secret. “Everyone knows who he is. CNN knows. The Washington Post knows. The New York Times knows. Congress knows." 

Tuesday, October 29, 2019

The Great War

Visit http://www.greatwar.nl .

The Great War inspired at last 3 books:  All Quiet on the Western Front, The Lord of the Rings by J.R.R. Tolkien (at least the section on the Journey Through the Marshes in the Two Towers), and A Farewell to Arms by Hemingway.

Thursday, October 24, 2019

Federal Reserve Balance Sheet

Source: https://fred.stlouisfed.org/series/WALCL

Keep an eye on this.  The low point was on 8-28-19 at 3,759,946. The lastest point is 10-23-19 at 3,968,700.  It is headed up at a 45-degree angle.

Friday, October 18, 2019

Treasury Bills

Treasury Bills have a maturity of one year or less.  They also don't pay interest directly; instead, they are sold at a discount to their par value.  Treasury Bills are practically like cash, unlike the longer notes and bonds, which are more like securities.

The total Treasury Bills outstanding as of 9/30/19 is $2,376,370 million.  That is $2.3 trillion.  I think it would be useful to see how this increases.

The 8/31/19 report shows this number as 2,331,300 million
And the 7/31/19 report shows this as 2,205,307 million.  So it is up almost 8% in only 2 months.

=========================
Update:  I think that any treasuries that mature in more than one year are really a Ponzi scheme.  So you wait forever to get your cash and when it finally matures, you just get handed another 30-year bond or whatever.  Well you (which probably means a pension fund or insurance company) might get your cash, but as a whole, the funds just roll over.  There should be a higher premium paid to investors to lock up their funds for that long, because of the inflation risk.

My point really is, again, that debt longer than one year can be ignored.  Look at the short run.  This really is inflation running wild.  The system is melting up in real time now.  The only reason we don't see it is because it is offset by deflationary pressures by the bubbles popping left and right.

Wednesday, October 16, 2019

Not QE

Jerome Powell recently said at a speech in Denver on October 8:  I want to emphasize that growth of our balance sheet for reserve management purposes should in no way be confused with the large-scale asset purchase programs that we deployed after the financial crisis.  Neither the recent technical issues nor the purchases of Treasury bills we are contemplating to resolve them should materially affect the stance of monetary policy.  In no sense, is this QE.”  
https://www.bloomberg.com/news/articles/2019-10-08/powell-says-fed-to-resume-balance-sheet-growth-but-it-s-not-qe

When I first heard it, I thought it was just doublespeak on his part.  But after further thought, I see what he is saying.  The QE build after the financial crisis involved purchases of long-term Treasury bond (10 years and up) and mortgage-backed securities.  QE was deflationary because it sucked future interest payments out of the economy.

This balance sheet expansion is different.  It involves primarily purchases of T-bills with a duration of 1-month to 1-year.  But the biggest difference difference it that this will be inflationary.

The flow of funds looks like this: 

1. Congress decides to spend even more money on worthless projects, like the black hole of the Pentagon, healthcare for old people, university bureaucrats, whatever.  So the Treasury needs to borrow about $100 billion per month.  They issue IOUs, called T-bills, notes or bonds.

2.  The banking cartel, known as primary dealers, will snap up this trash.  About half of this will be sold to investors, like pension funds, mutual funds, etc.

3.  The Federal Reserve Open Market Committee (FOMC) will purchase about $50 billion per month from the primary dealers.  It pays them more than they paid for it.  The $50 billion they spend is created out of thin air. 

4. The result. This should cause inflation of about 16% per year, although this is offset by real gdp increases in the economy of maybe 1.5% and by deflationary forces such as collapsing asset prices and taxes.  It is also offset by ultra-rich people who just keep the money in their bank and don't spend it, thus lowering monetary velocity.  Everybody on the government dole is happy and the bankers are happy and rich people are happy.  The only people who aren't happy are those middle-class people who actually work for a living and don't depend on the government and who actually save money (which is gradually destroyed by inflation).

We can anticipate this state of affairs to last forever, although the pace will pick up when the next recession hits.

Tuesday, October 15, 2019

More fake news

Russian sources tell us that former President Barack Hussein Obama has already been executed by a firing squad. The Pentagon sources did not confirm this.
from https://financearmageddon.blogspot.com/2019/10/benjamin-fulford-update-14-oct-2019.html

The original source is: https://benjaminfulford.net/2019/10/14/historic-changes-unfold-worldwide-as-zionist-project-collapses/

Barack Obama is alive and well, praising marathon runners.

Monday, October 14, 2019

Battle of the Chicken Sandwiches

I will review the premium grilled chicken sandwiches at a few fast-food restaurants.

Chick-Fil-A
The grilled chicken sandwich was very tasty, as expected.  However, the chicken was a little skimpy.  It didn't have the same flavor as their famous original chicken sandwich, which is marinated in something.  I like the chick-fil-a sauce.   The restaurant was packed, so the service was a little slow.  They gave me a sign to take to a table.  I didn't time it but it didn't seem that long, maybe 5 minutes after I ordered.  Calories: 6g fat, 41g carbs, 29g protein, total 330.  Cost with tax: $6.15.  Grade:  B, because the chicken was skimpy, the little wait, and the price.  Overall impression: good, but not spectacular, could do better.

Wendy's
Wendy's grilled chicken sandwich was very good.  However the chicken portion seemed a little small, smaller than even the chick-fil-a, although I didn't weigh it, so this is subjective.  The service was excellent, and extremely fast - they gave it too me almost right after I ordered it.  Calories: 10g fat, 36g carbs, 34g protein, total 370.  Cost with tax: $5.28.  Grade: B, because the chicken was skimpy.  The price was a little better than Chick-Fil-A, but still seems a little high for what I got.  Overall impression: good, could do better.

Burger King
The BK grilled chicken sandwich is good.  The service was fast. The lettuce was a little wilted. There were grill marks on it, but I'm not convinced that it was flame-broiled at the restaurant - maybe it comes that way from their supplier. The portion size was a little small, like the others, although it seemed slightly bigger than Wendy's.  I got honey mustard sauce.  Overall, it would be a B-, the same as the others, except for the lettuce.  But, I got 2 for $6.48, so the value is there.  Calories (per sandwich): 11g fat, 43g carbs, 40g protein, total 430 calories.  Grade:  A, because of the price.  Also, the workers are friendly.

McDonald's
I ordered a Grilled Artisan Chicken sandwich from McDonald's.  The cost was $5.71 with tax.  The portion size was large, making this the first one that I haven't complained about the size.  It didn't have a lot of flavor, and it could have used some hot sauce, but McDonald's doesn't do hot sauce.  The service was extremely fast, but sterile.  A McDonald's restaurant is a giant industrial vending machine, you place your order, insert your credit card, and 2 minutes later, your order it ready.  The workers might as well be robots.  Calories: 7g fat, 39g carbs, 33g protein, total 350 calories.  Grade: B, because the chicken lacked flavor, and the price was high, and the sterile environment.  I seem to remember that this used to be $3, which would be a perfect price.

Kentucky Fried Chicken
KFC, which used to be the king of chicken, doesn't have a grilled chicken sandwich. Apparently it is a lot of work for them and they didn't have enough sales.  Grade: F.

Arby's
Arby's used to sell a Roast Chicken Club sandwich, but not anymore.  The closest they have is the Buttermilk Crispy Chicken Sandwich, which looks good, but it is breaded, which puts it in another category, and it has 510 calories.  The price is listed online as $4.59, which would make it about $4.96 with tax, which is below the magic $5 mark.  But I don't know how current this is.  Grade:  F

Popeye's
They also don't have a grilled chicken sandwich.  The closest they have is a buttermilk crispy chicken sandwich, which is temporarily unavailable.  The chicken sandwich - classic (I don't know if this is the same as the buttermilk) weighs in at 699 calories.  Grade: F

Church's
They also don't have a grilled chicken sandwich.  Grade: F

Upcoming Reviews:
Jack In the Box, Sonic, Carl's Jr/Hardees, Dairy Queen, Bubba's.

Wednesday, October 9, 2019

Egon says the Fed balance sheet will rise to $40 trillion in the next few years



Jump to 3:50. The balance sheet . . . of the Fed is going to go from around $4 trillion to $40 trillion. 

The Fed balance sheet bottomed out on 8/28/19 at $3.760 trillion.  It is now (10/9/19) at $3.946 trillion.  It will keep going up at 10%+ per year.

The Treasury owed $22.022 trillon on 8/1/19.  The national debt has increase more than $800 billion since then.  The Fed needs to absorb some of this. 

The system is melting down now (ever since August 1) in slow motion, and the recession hasn't even started yet.

Friday, October 4, 2019

Intragovernmental Holdings reaches $6 trillion

The category called Intragovernmental Holdings, which I think is mostly composed of Treasury debt to the Social Security Administration, reached $6 trillion yesterday (10/3/19).  It is real debt, since the SS taxes should only go to SS beneficiaries, but the Treasury took the funds and spent them and left an IOU.

When did it hit $5 trillion, and when was it $3 trillion?  I first hit $5 trillion on 1/28/14, then it dropped back a little.  It has been consistently above $5 trillion ever since 9/22/14.  So it took about 5 years for it to add a trillion.

It first hit $4 trillion on 10/1/07.  It hit $3 trillion on 6/30/04.

I think it will peak at some point and start to go down but I don't know what the peak amount will be or when that will happen.  A wild guess - maybe at about $7 trillion in another 5 years, which is 9/30/2024.

Wednesday, October 2, 2019

Biden brags about getting the Ukrainian prosecutor fired who was investigating his son


This is a very low quality video, as it distorts Biden's voice to make him sound whiny.  But the important part is his confession, starting at 2:25 and ending at 2:56.  I'm sure there is a better video, this is just the first one I found.

So they said they had—they were walking out to a press conference. I said, nah, I’m not going to—or, we’re not going to give you the billion dollars. They said, you have no authority. You’re not the president. The president said—I said, call him. (Laughter.) I said, I’m telling you, you’re not getting the billion dollars. I said, you’re not getting the billion. I’m going to be leaving here in, I think it was about six hours. I looked at them and said: I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money. Well, son of a b-tch. (Laughter.) He got fired. And they put in place someone who was solid at the time."

Date: 1/23/18.  Location: Council on Foreign Relations.  The city isn't mentioned, but apparently it is at their headquarters in New York.

Here is a transcript from the CFR website of the full panel session from 1/23/18 that includes the portion above.  The other participants were Richard Haass, the President of the CFR,  and Michael Carpenter, former Deputy Secretary of Defense.

Tuesday, October 1, 2019

Banned Las Vegas videos

Here are titles of videos which were deleted from YouTube that I cannot find anywhere else.
From:  https://steemit.com/lasvegasshooting/@redpilljen2020/las-vegas-shooting-investigation-updates-witnesses-of-multiple-gunmen-multiple-gunmen-captured-on-film-blackwater-mercenaries

EXPOSED! Las Vegas Sheriff Lombardo Says More Than 1,100 Rounds Fired In Las Vegas Mass Shooting
Woman MISSING From Las Vegas Area by Charles Walton
PROOF!! NO SHOTS FROM WINDOWS
The Two Shots That Killed Stephen Paddock
LAS VEGAS CHILLING ISLAMIC GUY ON CAB DRIVER'S REAR VIEW MIRROR
Las Vegas Shooting - Paddock NO Will - 911 Calls Lawsuit Filed - Paddock Complained About Guest
BEWARE! Man With Severe Emotional Distress Reported Missing In Las Vegas - Strange Ears
SCARY! Ohio Man Threatened Another Historical Mass Shooting At A Las Vegas Hotel And Casino
Possible Shooter On Top Of Stage Area Of Route 91 Concert And Helicopter Shooters In Las Vegas
Close Encounter With Las Vegas - November 21, 2017 by Charles Walton
THIS COULD BE THE FIRST SHOT FIRED IN VEGAS - According to Joe
HUGE HOLE ON VEGAS PYRAMID - According to Joe
Possible Deceased Woman Seen Inside Stephen Paddocks Room While FBI Conducts Their Investigation
REVEALING! Video Captured The Night Of The Las Vegas Shooting by Charles Walton
Mercenary Inside the Delano - Las Vegas Shooting Investigation - Part 41
More Details On the Mandalay Casino Mercenary - Las Vegas Shooting Part 42
Machine Gun Fire Inside Casino + Shooting Drill - Las Vegas Investigation Part 43
Saudi Prince Salman Using Blackwater to Torture His Opponents by End Times News Report
Private Military Companies (Mercenaries) - Las Vegas Shooting Investigation - Part 44
Witnesses of Multiple Gunmen Fear for Their Lives - Las Vegas Shooting Part 45 by End Times News Report
HD RAW Helicopter Near Excalibur -- Vegas Shooting October 1, 2017. This is actually still up on YouTube.
100% TWO ACTUAL SHOOTERS ON VIDEO IN VEGAS - According to Joe
Debunking the Luxor Rooftop Gunmen Theory - Las Vegas Shooting - Part 47 by End Times News Report

These all went down the memory hole because they challenge the approved narrative.  I'm not saying that any of these are true because I haven't seen them.

What Happens in Vegas Stays in Vegas


This video claims that the windows on the 32nd floor were not broken until the next day, and that the shooting into the crowd came from helicopters and from the rooftop of the hotel.  The leader of Saudi Arabia, MBS, was staying at the Tropicana hotel and there was a failed assassination attempt on his life.  The Saudis owned the Four Seasons Hotel, which was on the upper floors of Mandalay Bay.  Stephen Paddock didn't kill anyone and was the designated fall guy.  Several weeks later, MBS rounded up his opponents in Saudi Arabia and demanded billions of dollars from them. 

I didn't explain this theory very well, but just watch the video.

Questions about the Las Vegas Shooting

Steyn: Conspiracy 'nuts' right to be suspicious about Vegas

1. Joseph Lombardo is the Clark County Sheriff.  Catherine Lombardo is a California attorney who is bringing some lawsuits about the shooting.  Are they related?  This may just be an interesting coincidence.

2. Security Guard Jesus Campos was injured during the shooting.  Mandalay Bay supposedly paid him to sign a NDA and then hid him away, except for one scripted appearance on the Ellen DeGeneres show.  What were they trying to hide?

2A.  The hotel had cameras everywhere.  Why haven't they released any videos?

3.  Jesus Campos supposedly said that the hotel knew that he had weapons in the room, but they ignored it because of his high-roller status.

4. Was Jesus Campos a hero or not?  Was he shot before the shooting began or after it ended?  Why did the official timelines involving him keep changing?

5.  Why did it take an hour after the shooting stopped for the police to breach the hotel room?

6.  Were there shootings at other hotels that night?  Rumor (supposedly from a security guard) said that there were shootings at other hotels, including Bellagio, Aria, and New York New York.

7.  Why did YouTube censor videos with conspiracies about the incident?  Some of these claimed that there was a second shooter, or that shooting was done from the 4th floor, or that there were actors.  Is there any truth to any of these videos?  Why are they still being suppressed? Are these videos posted elsewhere?

8.  This story has almost totally disappeared.  Why?  Do we have such a short attention span? Or is it being suppressed?

Twenty Cities with the most crime


New York New York 46433
California Los Angeles 30507
Illinois Chicago 29737
Texas Houston 25609
Michigan Detroit 13796
Tennessee Memphis 13077
Arizona Phoenix 12511
Maryland Baltimore 12430
Indiana Indianapolis 11616
Texas Dallas 10369
Wisconsin Milwaukee 9507
Missouri Kansas City 8362
New Mexico Albuquerque 7686
Tennessee Nashville Metro 7682
District of Columbia Washington 6584
Missouri St. Louis 6461
California San Francisco 6301
Ohio Cleveland 5999
California Oakland 5521
Minnesota Minneapolis 4614

I got this from Wikipedia.  Crime here includes: murder, manslaughter, rape, robbery, and aggravated assault.  I took the 20 cities with the highest crime rate and added a few of the larger cities, even though they have lower crime rates.  Then I multiplied the crime rate per 100,000 by the population.  I might have missed a few cities, but I think this is a pretty good chart.