Fed’s Nov. 23 ‘expedited meeting’ rattles Wall St.

YellenMMC News / Realist News

 

Wall Street got a little unnerved on Friday by the announcement of an unscheduled Federal Reserve meeting this Monday.

The Fed announcement said its board of governors would get together “under expedited procedures” at 11:30 a.m. Monday for a “review and determination … of the advance and discount rates to be charged by the Federal Reserve Banks.”

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US saddled with debts of $65 trillion: Fmr. comptroller

PressTV

The real US debt is over three times bigger than what is officially announced, standing at about $65 trillion, says the former comptroller general.

When all of the country’s unfunded liabilities are added up, the national debt is [over] three times as much the oft-cited figure of $18 trillion, said Dave Walker, who headed the Government Accountability Office (GAO) under former Presidents Bill Clinton and George W. Bush.

“If you end up adding to that $18.5 trillion the unfunded civilian and military pensions and retiree healthcare, the additional underfunding for Social Security, the additional underfunding for Medicare, various commitments and contingencies that the federal government has, the real number is about $65 trillion rather than $18 trillion, and it’s growing automatically absent reforms,” Walker told host John Catsimatidis on “The Cats Roundtable” on New York’s AM-970 in an interview airing Sunday.

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YOU Are A Share Of Stock In The Corporation — Anita Whitney

SGT Report

We are governed by a system of corporate contracts which have usurped the power of our “representative government”. Our corporate government has turned overtly tyrannical because it no longer represents the people – it’s a corporation and the board of directors serve the owners of the corporation, not we the people.

You and I are merely shares of stock in the corporation IF we allow it to be so. Researcher and activist Anita Whitney from anticorruptionsociety.com joins me to discuss all of this and more.

“Fed Has Lost Control” – John Williams

Greg Hunter

Fed Poised to Deploy Negative Interest Rates

Greg Robb
MarketWatch

Federal Reserve officials now seem open to deploying negative interest rates to combat the next serious recession even though they rejected that option during the darkest days of the financial crisis in 2009 and 2010.

“Some of the experiences [in Europe] suggest maybe can we use negative interest rates and the costs aren’t as great as you anticipate,” said William Dudley, the president of the New York Fed, in an interview on CNBC on Friday.

The Fed under former chairman Ben Bernanke considered using negative rates during the financial crisis, but rejected the idea.

“We decided — even during the period where the economy was doing the poorest and we were pretty far from our objectives — not to move to negative interest rates because of some concern that the costs might outweigh the benefits,” said Dudley.

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See also Oct. 12 X22 Report:

Fed Audit Shocker: They Come from Planet Klepto

John Titus
(September 14, 2015)

What We Can Learn From President Taft’s 1909 Speech on the Corporate Income Excise Tax

President William Howard Taft

Over the past several weeks 2016 presidential contenders have sought to distinguish themselves in terms of income tax reform. Unfortunately for the American people all such proposed policies are based on inaccurate readings of the historical and judicial records. The Sixteenth Amendment to the Constitution of the United States, ratified in 1913, is often referred to as the “income tax amendment.” Yet as President Taft’s June 16, 1909 message to Congress makes clear, it is the most poorly understood clause in the Constitution. 

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This Happened In September: The UN Launched ‘The Global Goals’ – A Blueprint For A United World

Michael Snyder
Economic Collapse Blog

Have you heard of “the global goals”? If you haven’t heard of them by now, rest assured that you will be hearing plenty about them in the days ahead. On September 25th, the United Nations launched a set of 17 ambitious goals that it plans to achieve over the next 15 years. A new website to promote this plan has been established, and you can find it right here. The formal name of this new plan is “the 2030 Agenda“, but those behind it decided that they needed something catchier when promoting these ideas to the general population. The UN has stated that these new “global goals” represent a “new universal Agenda” for humanity. Virtually every nation on the planet has willingly signed on to this new agenda, and you are expected to participate whether you like it or not.

Some of the biggest stars in the entire world have been recruited to promote “the global goals”. Just check out the YouTube video that I have posted below. This is the kind of thing that you would expect from a hardcore religious cult…

If you live in New York City, you are probably aware of the “Global Citizen Festival” that was held in Central Park on Saturday where some of the biggest names in the music industry promoted these new “global goals”. The following is how the New York Daily News described the gathering…

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Uruguay Does Unthinkable, Rejects Global Corporatocracy

The historic decision is met by a wall of media silence.

Don Quijones
Wolf Street
September 22, 2015

Often referred to as the Switzerland of South America, Uruguay is long accustomed to doing things its own way. It was the first nation in Latin America to establish a welfare state. It also has an unusually large middle class for the region and unlike its giant neighbors to the north and west, Brazil and Argentina, is largely free of serious income inequality.

Two years ago, during José Mujica’s presidency, Uruguay became the first nation to legalize marijuana in Latin America, a continent that is being ripped apart by drug trafficking and its associated violence and corruption of state institutions.

Now Uruguay has done something that no other semi-aligned nation on this planet has dared to do: it has rejected the advances of the global corporatocracy.

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5 Master Crimes You May Have To Explain To Future Generations For Not Stopping

Bernie Suarez
Activist Post

Picture yourself still alive in the future. Perhaps after the new world order is fully operational (2030 or beyond). By then perhaps it’s too late. Humanity had become enslaved forever. Imagine a large percentage of humanity is now dead and gone. Billions succumbed to various diseases all linked to toxins and diseases that you now realize could have been easily avoided. The human species, you now realize, became victims of their own corruption, greed, subsequent policies and mind games. The species had become so locked in to their predetermined paradigms that by the time enough people began to think on their own too many of them died off one way or another.

The “war on terror” that never did seem to end turned out to be the perfect tool to rationalize permanent war against everyone, anywhere, everywhere and at anytime. The human species essentially killed itself off. All along while one tiny segment of the planet known as the globalists, financial elite or Illuminati operating under the guise and interest of nation states all danced along to a script they had laid out many years prior. The script told the story of how they were going to kill everyone off to conquer the world. The generations that lived during that time, as a whole ignored the warnings. Truth seekers, revolutionaries, independent journalists and alternative news entities kept warning for years about this out of control top-down corruption and many other ongoing conspiracies, but the overall complacency of the species did not allow for quick enough significant action to take place to stop this agenda.

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“Death Squad Fran” to Preach Socialist Catechism Before US Congress?

Rick Newman
Yahoo! News

You have to wonder if John Boehner knew what he was getting into.

Boehner, the Republican House Speaker, is a lifelong Catholic who says he’s been trying for 20 years to get a pope to address Congress. He finally succeeded. On Sept. 24, Francis will be the first pontiff ever to speak before a joint session of Congress. He’ll speak in English rather than his native Spanish. And he’ll most likely say a lot of things objectionable to the Republicans who hold majorities in both branches of Congress, and to many champions of American-style capitalism.

Francis has decried western policies that have generated “a “new idolatry of money,” as he wrote in a lengthy papal “exhortation” in 2013. “The earnings of a minority are growing exponentially,” he wrote, producing “a new tyranny.” He also attacked “trickle-down theories” such as cutting taxes on the wealthy to stimulate growth, which many business leaders support. Such tax-cut plans are also favored by Jeb Bush, Donald Trump and other Republican presidential candidates.

Meanwhile, if you do a web search for “Pope Francis socialist,” you’ll find lots of nervous chatter about the pontiff endorsing a “noxious ideology” and fomenting “a revolt that will overthrow American capitalism.”

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World cybersecurity market to grow by (at least) $100b in five years

RT

The global cybersecurity market will grow to an estimated $170 billion by 2020, from $77 billion in 2015, according to cybersecurity analysts. That estimate is conservative, one expert told RT, given constant expansion in technology and hacker abilities.

Seven-figure cybersecurity deals have gone up by 40 percent year-over-year, while the Asia-Pacific region is quickly emerging as a major market for cybersecurity interests, according to a quarterly report by Cybersecurity Ventures.

North American and Europe remain the top cybersecurity markets, the report said, while the “aerospace, defense, and intelligence vertical continues to be the largest contributor to cybersecurity solutions.”

The growth of the cybersecurity market, though, will likely be much more than the report estimated, Hemanshu Nigam, CEO of SSP Blue, a leading advisory firm for online safety, told RT.

More at RT