Alex Jones responded to the Project Veritas revelations live on air during Tuesday’s epic transmission.
Dr. Fauci avoided answering a question about the Project Veritas report Tuesday when Senator Roger Marshall (R-KS) requested Fauci release all documents related to NIH/EcoHealth Alliance funding of the Wuhan lab.
In a nervous response, Dr. Fauci engaged in a “strawman” argument, saying the documents shown in the Project Veritas video are from a DARPA grant that the NIH and NIAID had nothing to do with.
While this is true, the argument being made by Project Veritas founder James O’Keefe is that DARPA thought the gain-of-function to be too dangerous to fund while the NIH and NIAID under Fauci went ahead with funding the known risky research.
(Watch Fauci’s hands vigorously shake while responding to the question.)
Dr. Malone joined the Steve Bannon War Room Tuesday along with Naomi Wolf to further discuss the Project Veritas video.
During the broadcast, Dr. Malone claimed the implications of the unveiled documents are “bigger than the Pentagon Papers.”
See the groundbreaking Project Veritas video below:
For the first time, New South Wales (NSW) has seen more fully vaccinated patients hospitalised with COVID-19 compared to the number of unvaccinated patients as the Omicron outbreak continues to edge toward its peak.
Data published by the NSW government’s COVID-19 Critical Intelligence Unit has revealed that as of Jan. 9, 68.9 percent of COVID-19 patients aged 12 and over in hospitals had two doses of the vaccine, with 28.8 percent unvaccinated.
The number of double-dose vaccinated patients in intensive care units (ICUs) also surpassed those of the unvaccinated, with 50.3 percent of the vaccinated presenting to ICU with COVID-19, more than the 49.1 percent who are unvaccinated.
However, based on the data presented, unvaccinated individuals appear to be six times more likely to be hospitalised and nearly 13 times more likely to be sent to ICU than those who are fully vaccinated.
This is considering that the number of unvaccinated patients appears to be over-represented in the figures—7.3 percent of the NSW population aged 12 and over at the time were unvaccinated, but they made up half of the COVID-19 ICU patients in the NSW Health system. At present Australia does not permit alternative treatment approaches utilised and available in other countries, such as ivermectin and hydroxychloroquine.
It’s looking increasingly likely that the US Federal Reserve and the globalist powers that be will use the dramatic rising of inflation as their excuse to bring down the US financial markets and with it, crash the greatest financial bubble in history.
The enormous inflation rise since the malicious political lockdowns and the trillions of dollars in emergency spending by both Trump and Biden, coupled with the continuation of the Fed’s unprecedented near-zero interest rate policies and asset purchases of billions in bonds to keep the bubble inflated a bit longer– have set the stage for an imminent market collapse. Unlike what we are told, it is deliberate and managed.
Supply chain disruptions from Asia to normal truck transport across North America are feeding the worst inflation in four decades in the USA. The stage is set for the central banks to bring down the debt-bloated system and prepare their Great Reset of the world financial system. However this is not an issue of inflation as some mysterious or “temporary” process.
The context is key. The decision to crash the financial system is being prepared amid the far-reaching global pandemic measures that have devastated the world economy since early 2020. It is coming as the NATO powers, led by the Biden Administration, are tipping the world into a potential World War by miscalculation. They are pouring arms and advisers into Ukraine provoking a response by Russia.
They are escalating pressures on China over Taiwan, and waging proxy wars against China in Ethiopia and Horn of Africa and countless other locations.
The looming collapse of the dollar system, which will bring down most of the world with it owing to debt ties, will come as the major industrial nations go fully into economic self-destruction via their so-called Green New Deal in the EU, and USA and beyond.
The ludicrous Zero Carbon policies to phase out coal, oil, gas and even nuclear have already brought the EU electric grid to the brink of major power blackouts this winter as dependency on unreliable wind and solar make up a major part of the grid. On December 31, the “green” new German government oversees the forced closing of three nuclear power plants that generate the electricity equivalent of the entire country of Denmark. Wind and solar can in no way fill the gaps. In the USA Biden’s misnamed Build Back Better policies have driven fuel coats to record highs. To raise interest rates in this conjuncture will devastate the entire world, which seems to be precisely the plan.
The Fake US Inflation Data
Ever since the early 1970s when President Nixon asked his pal, Arthur Burns, then head of the Federal Reserve, to find a way to get rid of politically damaging consumer inflation monthly data that reflected soaring oil prices along with grain, the Fed has used what they called “core inflation” which means consumer price rises MINUS energy and food. At the time energy made up a significant 11% of inflation data. Food had a weight of 25%. Presto by 1975 a 400% OPEC rise in oil prices and a 300% global grain price rise owing to harvest failures in the Soviet region, “core inflation” fell significantly. This, despite the fact that American consumers had to pay far more for gasoline and bread. Very few real people can live without energy or food. Core inflation is a scam.
By 1975 the Burns Fed had eliminated major costs of housing and other factors leaving a Consumer Price Index that was a mere 35% of the original basket of commodities measured. By then real everyday inflation was out of control. In the real world, USA gasoline today is 58 percent more expensive than in 2020 and over the last 12 months, food prices have gone up by more than 6 percent on average. Today the US Consumer Price Index does not include the cost buying and financing houses, and also not of property taxes or home maintenance and improvement. These factors have been soaring across America in the past year. Now all that is lacking is a statement by the Fed that inflation is more alarming than they thought and required aggressive rate hikes to “squeeze inflation out of the system,” a common central bank myth made dogma under Paul Volcker in the 1970s.
The Bloated US Stock Market
Wall Street markets, today with stocks at historic bloated highs, aided by near zero Fed rates and $120 billion of monthly purchases by the Fed of bonds as well, are at a point where a policy reverse by the Fed, expected now in early 2022, could begin a panic exit from stocks to “get out while the getting is good.” That in turn will likely trigger panic selling and a snowballing market collapse that will make the recent China Evergrande real estate and stock collapse look like nothing at all.
Since the global financial crisis of September 2008, the Federal Reserve and other major central banks such as the ECB in the EU and Bank of Japan have pursued unprecedented zero interest rates and often “quantitative easing” purchases of bonds to bail out the major financial institutions and Wall Street and EU banks. It had little to do with the health of the real economy. It was about the largest bailout in history of brain dead banks and financial funds. The predictable result of the Fed and other central banks’ unprecedented policies has been the artificial inflation of the greatest speculative bubble in stocks in history.
As President, Donald Trump constantly pointed to new record rises in the S&P 500 stocks as proof of the booming economy, even though as a savvy businessman he knew it was a lie. It was rising because of the Fed zero interest rate policy. Companies were borrowing at low rates not to expand plant and equipment investment so much as to buy back their own stocks from the market. That had the effect of boosting stocks in companies from Microsoft to Dell to Amazon, Pfizer, Tesla and hundreds of others. It was a manipulation that corporate executives, owning millions of their own company shares as options, loved. They made billions in some cases, while creating no real value in the economy or the economy.
How big is today’s US stock market bubble? In October 2008 just after the Lehman crisis, US stocks were listed at a total of $13 trillion capitalization. Today it is over $50 trillion, an increase of almost 400% and more than double the total US GDP. Apple Corp. alone is $3 trillion.
Yet with massive labor shortages, lockdowns across America and huge disruptions to trade supply chains especially from China, the economy is sinking and Biden’s phony “infrastructure” bill will do little to rebuild the vital economic infrastructure of highways, rains, water treatment plants and electric grids. For millions of Americans after the 2008 housing collapse, buying stocks has been their best hope for retirement income. A stock crash in 2022 is being prepared by the Fed, only this time it will be used to usher in a real Great Depression worse than the 1930’s as tens of millions or ordinary Americans see their life savings wiped out.
Stock Buyback Game
Over the past four quarters, S&P 500 companies bought back $742 billion of their own shares. Q4 of 2021 will likely see a record increase in that number as companies rush to pump their shares ahead of a reported Biden tax on corporate stock buybacks. Since the beginning of 2012, the S&P 500 companies have bought back nearly $5.68 trillion of their own shares. This is no small beer. The dynamic is so insane that amid a Microsoft decision last month to buy back ever more shares, Microsoft CEO Satya Nadella dumped over 50% of his Microsoft stock in one day. But the stock barely budged because Microsoft itself was busy buying back shares. That indicates the level of unreality in today’s US market. The insiders know it’s about to crash. Tesla’s Elon Musk just sold $10 billion of his stock, allegedly to pay taxes.
Making the stock market even more vulnerable to a panic selloff once it is clear the Fed will raise interest rates, there is nearly $1 trillion in margin debt as of data from October, debt for those buying stocks on borrowed money from their brokers. Once a major market selloff begins, likely early in 2022, brokers will demand repayment of their margin debt, so-called margin calls. That in turn will accelerate the forced selling to raise the cash calls.
There is much discussion about when the Fed will reduce its buying of US Treasury securities as well as government-linked home mortgage bonds. That buying has been huge. Since the start of the covid pandemic hysteria in February 2020, total Federal Reserve holdings of such securities have more than doubled from $3.8 trillion to $8 trillion as of end of October 2021. That has kept home mortgage rates artificially low and fueled panic home buying as citizens realize the low rates are about to end. That the Fed calls “taper”, reducing the monthly buying of bonds to zero at the same time it raises key interest rates, a double whammy. This is huge, and blood will flow from Wall Street beginning 2022 when the Fed taper picks up momentum early in 2022 combined with raising rates.
Already in November the Fed began reducing its monthly market supporting buying. “In light of the substantial further progress the economy has made toward the Committee’s goals of maximum employment and price stability,” the FOMC declared in its recent minutes. It announced that it is decreasing the amount of Treasury and Mortgage backed securities purchases in November and December.
Since the Vietnam War era under President Lyndon Johnson, the US Government has manipulated employment data as well as inflation numbers to give a far better picture than exists. Private economist John Williams of Shadow Government Statistics, estimates that actual USA unemployment far from the reported 4.2% for November, is actually over 24.8%. As Williams further notes, “The Inflation Surge Reflects Extreme Money Supply Creation, Extreme Federal Deficit Spending and Federal Debt Expansion, Pandemic Disruptions and Supply Shortages; It Does Not Reflect an Overheating Economy.” Federal Budget Deficits are running a record $3 trillion a year with no end in sight.
Raising rates at this precarious juncture will bring down the fragile US and global financial system, paving the way for a crisis where citizens might beg for emergency relief in the form of digital money and a Great Reset. It is worth noting that every major US stock market crash since October 1929 including 2007-8, has been a result of deliberate Fed actions, disguised under the claims of “containing inflation.”
This time the damage could be epochal. In September the Washington-based Institute of International Finance estimated that global debt levels, which include government, household and corporate and bank debt, rose $4.8 trillion to $296 trillion at the end of June, $36 trillion above pre-pandemic levels. Fully $92 trillion of that is owed by emerging markets such as Turkey, China, India and Pakistan.
Rising interest rates will trigger default crises across the globe as borrowers are unable to repay. This has been deliberately created by central banks, led by the Fed, since their 2008 crisis by pushing interest rates to zero or even negative.
F. William 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.
MINNEAPOLIS — At Minneapolis – Saint Paul International Airport (MSP), U.S. Customs and Border Protection (CBP) officers have identified a trend that could have deadly effects and lead to another outbreak of disease. The culprit is bushmeat.
The term “bushmeat” refers to raw and minimally processed meat that comes from wild animals in certain regions of the world including Africa and may pose communicable disease risk. Bushmeat comes from a variety of wild animals, including bats, nonhuman primates, cane rats (grasscutters) and antelope. Bushmeat is often smoked, dried, or salted, which are not procedures that render the meat noninfectious. Bushmeat could be infected with germs that can cause sickness in people including the Ebola virus. Continue reading Border Agents Seize Dangerous ‘Bushmeat’ Including Bats & Monkeys Carrying Ebola