Fed Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would continue injecting liquidity into the system. The second common theme is that despite sparking unprecedented asset price inflation, prices as measured across the broader economy – using the flawed CPI metric and certainly stagnant worker wages – would remain subdued (as a reminder, the Fed is desperate to ignite broad inflation as that is the only way the countless trillions of excess debt can be eliminated and has so far failed to do so).

The Fed’s failure to reach its inflation target – which prompted the US central bank to radically overhaul its monetary dogma last month and unveil Flexible Average Inflation Targeting (or FAIT) whereby the Fed will allow inflation to run hot without hiking rates – has sparked broad criticism from the economic establishment, even though as we showed in Junedeflation is now a direct function of the Fed’s unconventional monetary policies as the lower yields slide, the lower the propensity to spend. In other words, the harder the Fed fights to stimulate inflation, the more deflation and more saving it spurs as a result (incidentally this is not the first time this “discovery” was made, in December we wrote “One Bank Makes A Stunning Discovery – The Fed’s Rate Cuts Are Now Deflationary“). …

https://www.zerohedge.com/markets/loretta-mester-hints-fed-preparing-deposit-digital-dollars-directly-each-american

Even people who know better are reluctant to abandon the official narrative that the “fed”‘s actions are being forced by circumstances, rather than the other way around.   They are the experts, the altruistic monetary maestros who are somehow constantly flummoxed by the very very complicated question of how much money should be allowed to flow in the economy.

Aside from maintaining a top-down inflation gradient (which actually results in currency disappearing at the street level as loan principals are paid off, which is why it must be continuously replenished at the top: trickle-down money, trickle-up assets) and being a clearing house for kickbacks to their TBTF shareholders, the fed has a more conventional business model.    It is disaster capitalism.   But the profits don’t go to the fed directly, they are harvested from the markets by the TBTF “banks” who formulate fed policy in secret at regularly scheduled meetings.   This is not a conspiracy “theory”, it’s a matter of public record.   The only “theory” involves the question of how they invest afterward using their insider knowledge of future fed policy.   But you don’t need to be a rocket scientist to deduce the answer.  Why does the fed keep crashing the economy?   Because crashes, puts and shorts are where the real rate of return is.

Shouldn’t they be required to produce SOMETHING tangible?   Even paper coupons are better than electrons.

Reprise: Bernanke Admits Fed Caused Great Depression

Fox Fired Glenn Beck After He Exposed the Federal Reserve

Disaster Capitalism: Goldman Sachs gives CEO 20% raise as it forecasts crash for America

An Argument for Filling Ginsburg’s Seat Immediately

By Frank Salvato – September 19, 2020

In the aftermath of the death of Supreme Court Justice Ruth Bader Ginsburg, tensions on both sides of the aisle are high. With a hotly contested General Election just weeks away, some in the pundit/activist spheres, conditioned by the acceptance of civil unrest in our urban areas, are calling for acts of violence should President Trump nominate his pick to fill the vacancy on the bench. The problem with this, besides the obvious, is that Mr. Trump has no choice but to deliver his nomination to the Senate for confirmation unless he is to be irresponsible to the nation’s needs and the Constitution’s mandates.

In an array of tweets, several self-important personalities issued violent threats against the country should the President and the Senate actually do their constitutional duties:

  • “If they even TRY to replace RBG we burn the entire f—–g thing down” and “Over our dead bodies. Literally,” tweeted Reza Aslan, an Iranian-born CNN host, born-again Islamist, and author.
  • “F–k no. Burn it all down,” tweeted Aaron Gouveia, author of Raising Boys To Be Good Men: A Parent’s Guide to Bringing Up Happy Sons in a World Filled with Toxic Masculinity and Father who defended his 5-year old son’s right to wear fingernail polish.
  • “We’re shutting this country down if Trump and McConnell try to ram through an appointment before the election,” tweeted Beau Willimon, a former aid to John Dean’s failed Senate bid and screenwriter who pilfered the idea for House of Cards from the British version.
  • “Burn Congress down before letting Trump try to appoint anyone to SCOTUS,” tweeted Emmett Macfarlane, a Canadian professor at the University of Waterloo in Ontario, Canada.

If you are disturbed by the level of hatred, aggression, and complete disregard to the rule of law and the US Constitution then you haven’t been paying attention to what has been going on in the whole of America’s urban centers for the past six months.

But what both the foreign nationals and the US citizens noted above do not understand, for their constitutional illiteracy, is that there are two pressing reasons why Justice Ginsburg’s seat needs to be filled before the November election.

First and foremost, the country needs a full compliment on the US Supreme Court should there be any contest to the election results this November the likes of Bush v. Gore in 2000. A deadlocked 4-to-4 decision regarding the election of a president would send a fireball of violence into the streets of our nation, not to mention dismantle continuity of government. With our nation as divided as it is, we would almost assuredly devolve into a Second US Civil War.

But more important is that the President and the US Senate are mandated by the US Constitution to execute the workings of government. The moment a vacancy is created it is mandated that the process of filling that vacancy begin. The bad precedent that politicians have set in elongating this process is just that: bad precedent…

Read more at http://www.hawaiireporter.com/an-argument-for-filling-ginsburgs-seat-immediately/

Gates Foundation is Also Destroying Africa’s Food Economy

The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are bankrupting small farmers. The project, the Alliance for a Green Revolution in Africa (AGRA), is directly connected with key global institutions behind the World Economic Forum’s Great Reset.

If we know the actual history of the Rockefeller Foundation and related tax-free undertakings of one of the world’s most influential families, it is clear that in key areas the Bill and Melinda Gates Foundation has inherited the Rockefeller agenda from the medical industrial complex to education to agriculture transformation.

The Bill and Melinda Gates Foundation, working in tandem with the closely allied Rockefeller Foundation, is not only at the center of the orchestration of unheard-of severe economic lockdown measures for the much-disputed COVID-19 illness. The Gates foundation is also at the very center of the UN Agenda 30 push to transform world agriculture into what they call “sustainable” agriculture. A keystone project for the past 14 years has been Gates’ funding of something called the Alliance for a Green Revolution in Africa or AGRA.

AGRA Fraud on Africa

When the Bill and Melinda Gates Foundation founded AGRA in 2006, joined by their close ally, the Rockefeller Foundation, they proclaimed their goal was to “tackle hunger in Africa by working to achieve a food secure and prosperous Africa through the promotion of rapid, sustainable agricultural growth based on smallholder farmers.” AGRA promised to double the agricultural yields and incomes of 30 million small-scale food producer households by 2020.It is now 2020 and it has been a total failure in this regard. Notably,AGRA deleted these goals in June 2020 from its website without  explanation.Based on what they have done we can assume that was never the true goal of Gates and Rockefeller foundations.

In a 2009 speech in Iowa promoting his New Green Revolution for Africa, Bill Gates declared, “The next Green Revolution must be guided by smallholder farmers, adapted to local circumstances, and sustainable for the economy and the environment.” The Gates Foundation proclaimed that the AGRA “is an Africa-based and African-led effort to develop a thriving agricultural sector in sub-Saharan Africa.” Sounds very nice. Reality is quite different….

https://journal-neo.org/2020/09/07/gates-foundation-is-also-destroying-africa-s-food-economy/

The Voting Machine Monopoly: Vulnerable Machines and the Mysterious Industry Behind Them

A tiny group of companies has become dominant in the field of voting equipment, in part because they are deeply engaged in setting up the rules that govern who can enter the marketplace.

For a system directly used by so many people — nearly 137 million Americans voted in 2016  and more than 122 million voted in 2018 — it might be surprising that there are not more players in the election equipment business.

The players we do have? The Big Three: Election Systems & Software (ES&S), Dominion Voting Systems, and Hart Intercivic.

By far the dominant supplier of voting equipment in the United States is ES&S. ProPublica reported in 2019 that ES&S controlled around 50 percent of the market. In the past several years, ES&S has established its presence in places including Pennsylvania, South Carolina, North Carolina, Delaware, and Wyoming.

Dominion Voting Systems claims to have been around for more than a century. It counts many counties in New York state among its clients, as well as having a presence in Illinois, Nevada, Louisiana, and, outside of the US, in Canada, Mongolia, and the Philippines.

A profile assembled by Dun & Bradstreet said Dominion makes special hard- and software used in 22 states, in addition to Canada and other countries. They produce optical ballot scanners and vote tabulators, voter list generators, election management software, and electronic ballot systems for absentee voting.

In 2019, the company found itself the target of activists’ concerns after the state of Georgia contracted to use its Dominion ImageCast X Voting System, whichWhoWhatWhy has reported as “a type of ballot-marking device [that] allows voters to mark a ballot on paper or electronically, but produces a summary count of votes on a QR code rather than a human-readable paper list.” Unlike conventional paper lists, the QR codes can’t be read by poll workers and can only be tallied by Dominion’s machines.

Hart InterCivic is the third, and provides paper ballots, precinct digital scans, electronic poll books, election night reporting, supplies, and printed ballot products. Hart does business in places including Tennessee, Texas, California, Missouri, Idaho, and Oregon.

During the 2018 midterms a number of “straight-ticket” voters complained that Hart’s eSlate system had switched their choices to the opposite party. The complaints to the Texas secretary of state’s office recalled similar complaints that had cropped up in Texas a decade earlier.

So, how did The Big Three achieve this near-monopoly? …

https://whowhatwhy.org/2020/09/22/the-voting-machine-monopoly-is-this-any-way-to-vote/

The Real Election Hack: Black Box Voting