Is the Deep State Winning?

 

The stakes if it is.

By any reasonable standard, the presidency of Donald Trump has so far been a success. After eight years of Barack Obama’s sluggish recovery from the 2008 Great Recession, the economy is “blistering,” as MarketWatch put it, its vigorous growth creating jobs, raising incomes, and lifting the market’s “animal spirits.” Abroad, the “kick me” sign Obama and the progressives hung on America’s back is gone, with allies, rivals, and enemies alike now taking us seriously as the indispensable world power to treat with respect, rather than a daft rich uncle to bully and fleece.

Texas wants its gold back inside the state’s borders

AUSTIN, Texas (AP) — Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical conundrum.

Texas is the only state that owns an actual stockpile of gold, according to public sector and financial industry experts – not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. The holdings, stored at a New York bank, for some harken back to century-old fears about the security of currency not backed by shiny bullion.

Iran After Sanctions: An Emerging Economy Giant?

An Iranian nuclear agreement could be an economic game changer.

A final agreement is yet to be signed.  But for the first time in the decade-and-a-half-long Iranian nuclear negotiations we may have a viable deal on our hands.  By and large, the international community, including Pope Francis, has welcomed the recently announced Joint Comprehensive Plan of Action (JCPA) framework agreement, which marked the culmination of days-long, grueling 11th-hour haggling in Lausanne, Switzerland.

‘The best that could happen to Greece’

Consisting of representatives of the International Monetary Found (IMF), the European Central Bank (ECB) and the European Commission, the Troika “was supposed to become an auxiliary government and audit court with permanent rights of intervention”. But, Martens writes, the name “Troika” and possibly even the composition of the control group will be changed. Even European Commission President Jean-Claude Juncker is said to be in favor, as the EU did not like the IMF’s involvement in its affairs, and the ECB “was never convinced of its own role” in the Troika.

Michael Savage: 1 month left to save America

When Barack Obama introduced himself at the 2004 Democratic National Convention declaring there was only one America – “not a liberal America and a conservative America” and “not a black America and white America” – many instantly envisioned him as a future presidential candidate with a unique heritage and extraordinary rhetorical skills that would enable him to unite a nation divided over political ideology and race.

Not long into his presidency, however, it became apparent to many, including some liberals, that Obama’s leadership and policies had only exacerbated the divisions.

Most attributed his failures to simple incompetence, but Michael Savage saw something much more sinister happening, and in his new book – “Stop the Coming Civil War” – he charges Obama is deliberately dividing the country.

At the time Savage finished the manuscript, several months ago, many continued to mock the provocative notion that any president would purposefully damage the nation.

But recent events, including the flood of Central American illegal aliens and the entry of the Ebola virus to the U.S., have made “Stop the Coming Civil War,” Savage’s 30th book, seem prophetic.

The American Middle Class Is No Longer the World’s Richest

The American middle class, long the most affluent in the world, has lost that distinction.

While the wealthiest Americans are outpacing many of their global peers, a New York Times analysis shows that across the lower- and middle-income tiers, citizens of other advanced countries have received considerably larger raises over the last three decades.

After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States. The poor in much of Europe earn more than poor Americans.

BIS: The most powerful bank in the world announces the crash

The following is an article published originally in German, translated in the best way Google can offer. Because this is fresh off the German press, don’t expect it to hit American news outlets until another week or so — and likely not on the major national outlets.

When the BIS speaks, markets listen. This is essentially a jaw dropper of an announcement. They realize that all the QE heroin injections are not working and that there is no way to financially turn the American economy around — it’s mathematically impossible. They also know that the US financial leadership knows. The day of reckoning is near and it’s not just the US that will be affected and, although it will suffer the worst, the entire world over is going to go through a change unheard of in its entire history.

(Für die Lesern, dass deutschen sind, klicken Sie bitte auf dem original Link.)

The Bank for International Settlements (BIS) is the current situation on the financial markets as worse than before the Lehman bankruptcy. The warning of the BIS could be the reason why the U.S. Federal Reserve decided to continue indefinitely to print money: Central banks have lost control of the debt-tide and give up.

The decision by the U.S. Federal Reserve to continue indefinitely to print money (here ) might have fallen on “orders from above”.

Apparently, the central banks dawns that it is tight.

Very narrow.

The most powerful bank in the world, the Bank for International Settlements (BIS) has published a few days ago in its quarterly report for the possible end of the flood of money directly addressed – and at the same time described the situation on the debt markets as extremely critical. The “extraordinary measures by central banks” – aka the unrestrained printing – had awakened in the markets the illusion that the massive liquidity pumped into the market could solve the fundamental problems (more on the huge rise in debt – here ).

Disarming America

State Department advisory board urges deeper nuclear force cuts including unilateral reductions

A State Department board of experts is calling for steep cuts in U.S. nuclear forces beyond the New START treaty limits and recommends unilateral or informal reductions to avoid expected Senate ratification battles.

“Treaties are an important but not always necessary method for reducing nuclear arsenals,” the new report by the International Security Advisory Board says. “The United States has reduced its nuclear arsenal without negotiating a new treaty in the past—both unilaterally and reciprocally with Russia.”