News Roundup! PDJT’s Presser, PDJT’s Speech In Kentucky, Policy Directive For Disabled Vets, Dr. Robert Epstein’s Tweet Storm, Recession My Ass, Germany On the Other Hand, Wall, Ending the Flores Agreement, Illegals Are Going Back, Coast-To-Coast Campaign For Suburban Women, The Forgotten Men & Women Are Not Forgotten Under PDJT, Florida Taking Steps To Protect Their Elections…..

As PDJT departed the White House for a flight to Kentucky yesterday, he stopped to answer questions from the media pool.  PDJT took questions for over 35 minutes.

Here is the link to the transcript.

https://publicpool.kinja.com/subject-remarks-by-president-trump-before-marine-one-d-1837455484

The Leftists, MSM, Democrats, Never Trumpers went absolutely crazy when our President said, “I am the chosen one… Somebody had to do it, so I’m taking on China…” and looked up to the heavens.

President Trump also delivered remarks at the American Veterans (AMVETS) 75th National Convention yesterday.

During his speech, he announced a policy directive to the U.S. Department of Education to immediately facilitate the discharge of federal student loan debt for any veteran permanently disabled as part of their military service.

You can find the policy directive in the link below.

https://publicpool.kinja.com/subject-presidential-memorandum-on-discharging-the-fed-1837452489

25,000 disabled veterans will benefit due to our President’s policy directive.

For those that were asking yesterday, you will find all 18 tweets by Dr. Robert Epstein below.

The Economic Train is absolutely laughing her ass off. The MSM, Democrats, Leftists, Never Trumpers etc. are praying to Lucifer for our country to go into a recession. She knows that there will NEVER be a recession under PDJT. She decided to rain on their parade yesterday with more data that shows just how strong our economy is.

From the article linked above:

  • Lowe’s second-quarter earnings and revenue beat Wall Street expectations.
  • It reports U.S. same-store sales were up 3.2%, slightly higher than competitor Home Depot’s.
  • Shares gained more than 10% on Wednesday.

Lowe’s shares surged Wednesday after the home improvement retailer’s second-quarter earnings report beat Wall Street forecasts and topped rival Home Depot on same-store sales growth in the U.S.

The report which exceeded analyst estimates on earnings, revenue and same-store sales — showed that changes made by CEO Marvin Ellison have started to take root and draw more customers.

The company’s stock gained more than 10%, closing at $108 a share Wednesday.

From the article linked above:

  • Target’s second-quarter earnings and revenue beat Wall Street expectations.
  • The strong momentum in the first half of the fiscal year prompts Target to raise its full-year estimates.
  • Last week, Walmart also topped Wall Street’s expectations and raised its full-year outlook.

Target’s second-quarter earnings report Wednesday beat every estimate forecast by Wall Street, sending its shares to a record high.

The retailer’s quarterly profit jumped by 17% as its in-store pickup and same-day shipping services successfully drew more customers. It also raised its outlook for the rest of the year.

Sales at the company’s stores that have been open for at least a year grew 3.4% during the quarter, also exceeded expectations. 

MAGAnomics at its finest!

From the article linked above:

The National Association of Realtors (NAR) said existing home sales gained 2.5% in July to a seasonally adjusted annual rate of 5.42 million, beating the consensus forecast. The forecasts ranged from 5.25 million to 5.5 million, with the consensus coming in at 5.385 million.

Here is a country that is throwing everything at stopping a recession. They will Not be successful in their endeavors.

From the article linked above:

  • Germany’s central bank has warned that the economy could shrink for a second consecutive quarter, plunging the country into recession.
  • The German government is exploring ways to boost the world’s fourth-biggest economy and prevent an economic crisis, according to Bloomberg.
  • Finance Minister Olaf Scholz is prepared to inject 50 billion euros, or $55 billion, the cost of the most recent economic crisis to strike Germany.

The WALL is continuing to be built. Look at the difference between what existed versus what our President is putting up. Night and day difference!

As reported yesterday, DHS McAleenan has filed the 60 day notice to end the Flores Agreement.

Meanwhile, more and more illegals are realizing that they aren’t going to get into our country and are going back home.

From the article linked above:

More than 2,000 Central American migrants seeking to settle in the United States have given up and accepted free rides home under a 10-month-old program funded by the U.S. government and run by a United Nations agency, according to a U.N. official.

The “Assisted Voluntary Return” program has paid for buses or flights for 2,170 migrants who either never reached the United States or were detained after crossing the border and then sent to Mexico to await U.S. immigration hearings, according to Christopher Gascon, an official with the U.N.’s International Organization for Migration (IOM).

Brad Parscale and his team are going after every possible vote.

From the article linked above:

President Donald Trump’s reelection campaign will dispatch more than a dozen female surrogates on Thursday to some of the most important 2020 battleground states in its first major push to mobilize suburban women — a critical voting bloc that revolted against Republican candidates as recently as the midterm elections last fall.

Campaign officials have billed the cross-country events as both a celebration of women’s suffrage — Monday marks the 99th anniversary of the adoption of the 19th Amendment, which guarantees women the right to vote — and a coordinated effort to train pro-Trump women to become effective volunteers in their communities. A campaign official involved with the planning said about 2,000 attendees were expected across the gatherings in 13 states, as of Tuesday.

The Forgotten Men & Women are forgotten no more under PDJT!

From the article linked above:

As Democratic presidential candidates descended on the Iowa State Fair, a plane buzzed overhead, an ominous warning fluttering behind it on a banner: “Focus on Rural America.”

Democrats hoping to win the White House in 2020 recognize how critical that advice is after 2016, when Hillary Clinton turned in strong performances in many cities and suburbs but lost rural voters 2-to-1, falling short to President Donald Trump by slim margins in Florida, Michigan, Pennsylvania and Wisconsin.

But the presidential primary, often dominated by cultural issues and Trump-driven hot buttons, including immigration and race, isn’t helping their case.

“There’s good reason to worry because the reality is this: There’s a fundamental values gap between the mainstream Democratic Party, which tends to be more socially liberal and cosmopolitan in its outlook, and rural and small-town voters,” said Mark Mellman, a Democratic pollster whose past campaigns include Wisconsin Gov. Tony Evers’ 2018 victory and the 2018 defeat of Sen. Heidi Heitkamp (D-N.D.). “Unless a candidate can build bridges across that gap on the basis of values, it’s very difficult to make any policy proposal matter.”

“Right now, no one is building those bridges,” Mellman continued.

A Democratic consultant, granted anonymity to discuss the issue candidly, said that if Democrats are “the party of banning assault weapons and decriminalizing the border, then rural voters are not going to be able to hear any Democrats’ policy plan.”

“That’s like bringing a boombox to a rock concert,” the consultant said.

Governor DeSantis announced yesterday that Florida will be joining ERIC.

 

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114 thoughts on “News Roundup! PDJT’s Presser, PDJT’s Speech In Kentucky, Policy Directive For Disabled Vets, Dr. Robert Epstein’s Tweet Storm, Recession My Ass, Germany On the Other Hand, Wall, Ending the Flores Agreement, Illegals Are Going Back, Coast-To-Coast Campaign For Suburban Women, The Forgotten Men & Women Are Not Forgotten Under PDJT, Florida Taking Steps To Protect Their Elections…..

  1. “Focus on Rural America.” <– on a Democrat banner.

    Yeah, right.
    🙄😕

    Democrats don't care about rural America…they only care about getting their votes!
    After the election, the Dems go back to looking down their noses at them or ignoring them altogether.

    It's more like…"Focus on Fooling Rural America.”

    Thanks, Fle, for these Great News Roundups!
    I appreciate all the work you do for us.
    😀🥰

    Liked by 24 people

      1. “They don’t really care about urban areas either…” Just ask Booker’s district in Baltimore!
        Hmmmm maybe it is the RATS that are voting for them?

        Liked by 6 people

    1. “Focus on Rural America.” <– on a Democrat banner.

      Yeah, right.
      🙄😕

      _______________

      Well, in fairness, during the Hussein tyranny, the Democrats did build a lot of concentration FEMA camps for us, and bought millions of round of ammunition to use against us.

      Having a Democrap ‘focus’ on you is like having a great white shark… or fleas… ‘focus’ on you.

      It’s never a good thing, no matter their claimed reason.

      Liked by 6 people

      1. Most people don’t believe me (at first) when I tell them that democracy is a Pirate ideology.

        And if democracy is a Pirate ideology, then what does that make Democrats?

        Liked by 3 people

          1. “Cannibal pirates?”

            _______________

            [Alex Trebeck voice]: Ohhhhh… sorry.

            The answer we were looking for is “Pirates”.

            Maybe next time.

            😁

            Liked by 2 people

              1. “You gonna argue with a cannibal pirate?”

                _______________

                Is there any other kind of pirate?

                Don’t make me bust out the blunderbuss 😁

                Liked by 2 people

              2. “Cutlasses”

                _______________

                I firmly support your decision and believe that every pirate should choose whatever weapon he likes best.

                Let’s see… I wonder what kind of weapon should I bring to a knife fight…

                😁

                Liked by 1 person

          2. “Like if marooned?”

            _______________

            Is there any other area or subject in life — any at all — where democrats exercise restraint of any kind, or limit their own self indulgence, in any way?

            If not, then why would democrats limit themselves to only engaging in cannibalism when marooned?

            “People — it’s what’s for dinner!”

            For a democrat, that’s not just a popular bumper-sticker.

            It’s a tradition, a way of life. 👍

            Liked by 2 people

  2. SO PROUD OF OUR GOVERNOR – Ron DeSantis!!! Florida has had election fraud in some counties with more votes than registered voters.

    Time to end all possibility of people voting more than once, of dead people, fictitious people voting, and illegals voting, fake votes without actual voters….and the dozen other ways Democrats cheat in elections!!!!

    Liked by 18 people

  3. “Finance Minister Olaf Scholz is prepared to inject 50 billion euros, or $55 billion, the cost of the most recent economic crisis to strike Germany.”

    ____________________

    Inject it WHERE, precisely?

    Into the pockets of your cronies?

    Or has the political-class suddenly become proponents of ‘trickle-down economics’, a concept they have ridiculed for nearly 40 years?

    I’ve been through a few recessions, where the ‘central bank’ (Fed) ‘injected’ fiat currency into… something.

    Never did find out where it all went, but nobody in my family — or anyone else I know — got a bail out.

    Dear President Trump, will you just arrest these criminals already?

    Please?

    Liked by 10 people

    1. Unseen on the us fed.
      Profile picture
      unseen1
      @unseen1_unseen
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      6 hours ago, 24 tweets, 4 min read Read on Twitter
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      Think about this.

      In Jan of 2018 the Trump tax cuts kicked in.

      The tax cuts were planned to pump about $150 billion per year INTO the economy (that’s $12.5 per month)

      In OCT 2017, the FED began quantitative tightening policy.(QT) with plans to take OUT up to $50B/month
      BY mid DEC, 2018 the FED has taken out $365 Billion from the economy.

      By end of Dec, 2018 Trump tax cuts had put into the economy $150 billion.

      Do the math: The FED took OUT $215 Billion more than Trump tax cuts put INTO the economy.
      From Dec 2016 (Trump election) to Dec 2017, the FED hiked interest rates FOUR times.

      From Jan 2018 to Dec 2018, the FED hiked interest rates an additional FOUR times with plans to hike an additional 2 to 3 times in 2019.
      The FED has two main responsibility that Congress has tasked them with.

      1. Maximum sustainable employment
      2. Keeping inflation rate at around 2% to ensure moderate long term interest rates. .
      During 2017-2018 the unemployment rate was dropping monthly and inflation was at 2.1%(2017), 1.9%(2018), and 1.8%(2019)

      From the numbers on unemployment and inflation the FED had reached their mandate in 2017, 2018. So why were they INCREASING rates?
      By 2019, it became clear that the FED overshot their goal as deflation began to be imported due to China and other nations devaluing their currency and lowering interest rates as well as pumping money into their systems to avoid tariffs impact.
      Hindsight is a beautiful thing at times. The pieces tend to fit together better when you have most of them in-front of you.

      So, at the exact same time that we had a POTUS enacting pro-growth policies (energy exploration, deregulation, tax cuts, government spending); we also…
      …had the FED enacting anti-growth policies (QT and higher interest rates). Each move by the FED was EQUAL to or Bigger than the pro-growth polices of Trump. QT ($600B total) was bigger than the tax cuts ($300B) but about equal if you include the increase in federal spending.
      The increases in borrowing cost were bigger cumulative than the reduction in gasoline/energy prices but if you throw in deregulation and other pro-growth policies(trade) it will probable come out about equal.
      In other words, it really, really appears that the FED’s goal was to LIMIT the economic potential of Trump’s policies. There is not many other conclusions one can draw from the data. The FED’s mandate was reached. Stable employment and inflation around 2%.
      These mandates were reached at every point they raised rates. If your mandates are stable employment and 2% inflation rate and you hit those mandates, a normal response would be to do nothing. Yet, for some strange reason they INCREASED rates and INCREASED QT, every quarter.
      The next logical question would be why. Why would the US Federal Reserve purposely attempt to limit US economic growth? The QT can be explained as a desire to balance their balance sheet. However, if their main goal was to get debt off of their ledger why were they raising rates?
      If the goal was to balance the ledger the logical thing to do would be to allow the economy to grow and then do QT into a strong economy. Raising rates and doing QT at the same time is fighting against your ability to offload your debt. Both limit growth.
      QT with stable rates is much better to clean up your balance sheet. Allow the growth to do the job for you. Doing both (raising interest rates and QT) at the same time? It defeats the purpose of cleaning up your balance sheet as you cap the possible growth. It’s self limiting.
      There is no case to raise interest rates since your mandate was met. Only if inflation was going above your 2% rate or if employment was becoming unstable (neither were) as the jobs reports showed moderate job creation and BLS numbers showed tame inflation.
      The FED should have kept rates stable not increased them every quarter. There was absolutely no reason for the increase. They, in effect, were doing preventive rate hikes. In other words, they were purposely raising rates to stop/limit future growth.
      Add in the QT that attempted to soak the stimulus ( tax cuts, low energy prices, deregulation, increase federal spending) out of the economy and the picture becomes very clear. the FED was playing prevent defense against Trump’s pro growth policies. Why?
      Globalism vs nationalism explains some of it. Protection of multinational companies explains some more of it. Protection of the world order put in place after WW2 and further cemented after the cold war explains even more of it (this includes trade policies)
      The shocking thing for many of the establishment is that even with the FED fighting him every step of the way, even with Congress refusing to pass his MAGAgenda, even with the fake media talking down the economy, even with foreign countries like Germany and China fighting him,…
      …even with all that and more the Trump economy still boomed. Unemployment still dropped to 50 year lows, companies still build new plants, inflation rate remained unchanged, consumers still spent, invested and saved. Yes, they might have limited growth somewhat but they….
      …could not stop the boom. They were powerless and Trump & the deplorables destroyed their puny efforts. One of the main reasons Trump defeated them were tariffs on China and others & their actions because of them. By lowering their currency, they allowed us to import deflation.
      This imported deflation kept prices down. It harmed the multinationals and exporting nations. It caused the FED to have to pause and then cut rates (the FED didn’t want to sink the economy they wanted to limit it). If not for the tariffs the FED would still be doing QT and hikes.
      It has also set up Trump to take on the FED which he is doing masterfully. By his tweets, press conferences and statements Trump is attempting to limit the FED’s ability to limit his growth. If Trump is successful in chaining the FED from the importing of deflation then…
      …we could be looking at the growth that we should have had over the last several years. Low inflation, high employment, a growing sustainable main street economic energy, better trade deals. Basically a reinflation the USA economic engine. It will be a long lasting process.

      Liked by 18 people

        1. I’m just amazed I managed to do it but I thought it really explained the feds role and how they are contravening it to oppose Potus and the us consumer/citizen. And to no avail. Sucks to be them

          Liked by 5 people

      1. Exactly correct.
        QE under Obama was 80billion/mo or 960billion a yr
        QT under Trump removed 50billion/mo or 600 billion/yr
        Swing of 1.56 Trillion or about 7.5% of our GDP in pure money supply
        Great Depression was actually caused by currency tightening in ’31-’32, where the FED removed 1/3 of the money supply from the market.

        Plus, one more point.
        2% interest from FED costs us 450 BILLION in interest, added to our debt load, and raises student loan/housing/commercial rates.
        It’s crazy and purposely destructive to the USA.

        Liked by 8 people

        1. Daughn,
          I found this quote but no links to the actual congressional record.

          “According to Congressional record the U.S. Government can buy back the FED at any time for $450 million. That’s about half the amount of money we pay them daily.”

          Is that Disinformation or do you know where it originates.

          I do have this from
          A PRIMER ON MONEY
          COMMITTEE ON BANKING AND CURRENCY
          HOUSE OF REPRESENTATIVES
          WRIGHT PATMAN Chairman 1964
          http://famguardian.org/Subjects/MoneyBanking/Money/patman-primer-on-money.pdf
          OR
          http://www.devvy.com/pdf/2006_October/Patman_Primer_on_Money.pdf

          What amount of Government securities have the private banks acquired with bank-created money?
          On January 31, 1964, all commercial banks in this country owned $62.7 billion in U.S. Government securities. The banks have acquired these securities with bank-created money. In other words, the (banks have used the Federal Government’s power to create money without charge to lend $62.7 billion to the Government at interest.

          On January 29, 1964, commercial banks had total assets amounting to $304.7 billion, and all of these had been paid for with bank-created money, except $25.4 billion which had been paid for with their stockholders’ capital. In other words, less than 10 percent of the banks’ assets have been acquired with money invested by stockholders in the banks. [pg 46]

          WRIGHT PATMAN (D) has written a very understandable treatise on the Federal Reserve. I highly recommend spending the time reading it. Since Patman is a Democrat, it is also a good treatise to had to lleft leaning friends.

          Liked by 6 people

          1. Gail, I confess, I’ve never heard of the idea of buying back the FED for 450 million dollars.
            For 30yrs, I’ve tried to track and account for the money.
            In other words, okay, you tell me American owes this money, where is the list of my debt? How much do I owe to the Ohio Firefighters Union? Where is the balance sheet? What foreign countries own my debt?

            Closest I could get was 46 countries and about 7.93 trillion dollars —
            Coincidentally, we pay for a good chunk of their military (save China), and a 20yr write down of debt to military spending would create a generation of allied officers and wipe out about 8 trillion of our debt ——–
            which saves about 250 billion in interest payments
            which reduces our annual deficit
            ——– plus reduces annual pentagon budget by about 250 billion
            which saves another 60 billion in interest
            which is about the budget for the entire Dept of Education (61.5 billion)

            But, you know, I just make the muffins……..

            I can’t be the only one thinking this way.
            You know – Trump has to be thinking this way.

            Liked by 7 people

          2. And about that 4.8 trillion in QE money.
            Don’t tell me Janet Yellin went out in her back yard, picked up a bunch of grass clippings, smooshed then all together to make money…… and you’re carrying 4.8 trillion on your damn balance sheet.
            NO.
            They had zero value when the notes went out and should have zero value when they are removed from circulation.
            Only effect is to weaken then strengthen the value of our dollar.
            Therefore,
            there’s no effing way we should be paying interest on QE money.
            4.8 trillion x about 1% is another 50 billion in interest we should not be paying.

            10 minutes, we’ve saved about 400 billion a year in interest, another 250 billion annually for DOD budget —- and 8 trillion of debt.

            We KNOW the interest rate should not be about 5/10ths of a point. No reason for us to pay so much to attract funds to our shores (which is what causes the inversion of yield curve)
            On 22.5 trillion in debt, that would save another 325 billion ANNUALLY.

            How am I doing?

            Liked by 5 people

            1. How am I doing?
              Fine

              I will add this Excerpt from
              A PRIMER ON MONEY
              http://www.devvy.com/pdf/2006_October/Patman_Primer_on_Money.pdf

              …Of the 19 Federal Reserve officials 12 are elected by bankers so HOW the money supply is increase and WHO gets the interest on the US treasury bonds can get very interesting.

              The Federal Reserve officials can always decide to create a large portion of any increase in the money supply themselves, though, of course, a larger portion of the supply will always be provided by the private banks under present law. Still the larger portion of Reserve-created money, the more the U.S. Treasury benefits-because all income of the Federal Reserve after expenses reverts to the Treasury. Thus the Treasury receives a good share of the income earned from the Government securities purchased in Reserve money-creating operations.

              On the other hand, if the Federal Reserve officials decide that the increase in the money supply they want is all, or substantially all, to be made by the private banks, the private banks acquire and hold more Government securities than in the first case, and the interest payments on these securities go into bank profits. So, whether the Federal Reserve officials decide to favor the U.S. Treasury or the private banks does make a difference-millions of dollars of difference-in the amount of taxes you, I, and all other taxpayers must pay. After all, one of the biggest items of expense of the Federal Government is the interest it must pay on its debt. [pg 36]

              Then the Banksters changed things…

              Although the money in the Federal Reserve is not in anyway “owned” by private banks they get paid interest on it…. “In its latest power play, on October 3, 2008, the Fed acquired the ability to pay interest to its member banks on the reserves the banks maintain at the Fed. Reuters reported on October 3:” 1967? http://www.globalresearch.ca/index.php?context=va&aid=10489

              Liked by 5 people

            2. Given my other comment shows…
              (And yes Daughn, you are doing fine.)

              This from the Primer on Money is also of interest:

              The BANKS are collecting interest on Fiat money they created out of thin air!

              [An incorrect but ] typical explanation runs this way: John Jones deposits $100 in cash with his bank. The bank is required to keep, say, 20 percent of its deposits in reserves, so the bank must deposit $20 of this $100 as reserves, with a Federal Reserve bank. The bank is free to use the other $80, however, to make loans to customers or invest in securities. The expansion of money thus begins. This kind of explanation not only leads to misunderstanding, it also leads to misguided Government policies and rather constant agitation on the part of bankers for other such policies. Many of the smaller bankers who are, on the whole, not as well versed with the mechanics of the money system as they might be, actually believe that they have deposited a portion of their money, or their depositors’ money, with the Federal Reserve. Thus they feel they are being denied the opportunity to make profitable use of this money. Accordingly, there is always agitation to have the Federal Reserve pay the banks interest on this money which they think they have “deposited” with the Federal Reserve.

              Furthermore, they are quite certain that the Federal Reserve System has “used” their money to acquire the Government securities which the Federal Reserve may buy in the process of reserve creation. Believing this, the bankers naturally feel that they are entitled to some share of the tremendous profits which the System receives from interest payments on its Government securities. Many bankers know better. The leaders of the bankers’ associations certainly do. But some of these leaders have not hesitated to play on general ignorance and misunderstanding to mobilize the whole banking community behind drives that are nothing but attempts to raid the Public Treasury.

              The truth is, however, that the Private banks, collectively, have deposited not a penny of their own funds, or their depositors funds, with the Federal Reserve banks. The impression that they do so arises from the fact that reserves, once created, can be, and are, transferred back and forth from one bank to another, as one bank gains deposits and another loses deposits. [pg 37]

              http://www.devvy.com/pdf/2006_October/Patman_Primer_on_Money.pdf

              Wright Patman who wrote this may have been a Democrat but BOY did he have the Fed in his sights!

              As I said this treatise is well worth reading if you want to understand our money system (scam)

              Liked by 5 people

          1. Anyone who has looked at the FED and is not being paid off would HATE IT!

            More from the Primer on Money:
            http://www.devvy.com/pdf/2006_October/Patman_Primer_on_Money.pdf

            If you read nothing else read about the sleight of hand the FED pulled called ‘The Accord.’

            Do bankers believe that they own the Federal Reserve banks.

            Yes. [100% of the “stock” is owned by the private banks. Also after instigating “the Accord” It was later revealed by testimony of some of the Federal Reserve officials to committees of Congress that the Open Market Committee had held a meeting on August 18 and decided not only to raise the discount rate, but to “go their own way” on the Government longer term bond rate as well, despite what the President, the Secretary of the Treasury, and the head of the Office of Defense Mobilization might do”….Therefore the Federal Reserve is not answerable to the President or Congress or the electorate, nor even to a government audit or even Congressional funding!]

            The original act required that the banks invest 6 percent of their capital stock in the Federal Reserve banks.
            Why was the Federal Reserve Act written to require member banks to invest in the so-called stock of the Federal Reserve banks? The framers of the Federal Reserve Act gave many reasons, but the main, reason was this: it was expected that the Federal Reserve would issue money, not mainly against Government securities as is now the practice, but against commercial and industrial loan paper-“eligible paper” as the reader knows.

            It was in view of these considerations that Congress, in framing the Federal Reserve Act in 1913, required member banks of the Federal Reserve System to put a certain percentage of their capital into the .’stock” of the Federal Reserve banks; this “stock” was a safeguard against a misuse of the Government’s credit which was being delegated to these banks. The 1013 act placed on the member banks, furthermore, a “double liability” for their “stock” in the Federal Reserve banks. In other words, if a Federal Reserve bank failed, the member banks would lose not only their invested capital, but an equal amount of capital which they would also forfeit. [pg 79]

            Yeah and we KNOW just how well that “if a Federal Reserve bank failed, the member banks would lose not only their invested capital, but an equal amount of capital which they would also forfeit” worked in 2008 now don’t we….

            Must be nice…

            😡😡😡😡😡😡😡😡😡😡😡
            Bankster get ALL THE PROFITS
            TAXPAYERS GET ALL THE LOSSES!
            😡😡😡😡😡😡😡😡😡😡😡

            Liked by 5 people

              1. It most certainly is!

                You ‘Borrow’ $100,000 to build a house @ 5%
                Monthly Principal & Interests : $536.82
                or
                $193,255.20 if you pay the loan off

                The bankers cost? NOTHING!!! Remember you have to pay ‘points’ which pays for the origination of the loan!

                All they have is a maintaince cost for depositing your check or electronic payment.
                ……..

                It is a DEAD SHORT across our entire economy funneling most of the wealth into the hands of a very few.

                Liked by 5 people

    2. The trouble is, the money that’s being injected comes from the Germans (and residents like me) who are already paying the bills, and too much, and the biggest bills of all, to the “Energiewende” (energy turn[around]) and the refauxgees, without which we’d not have any problems at all.

      Oh, wait.

      We pay the most into the EU coffers. Bailing out Italy, Spain, Greece, Portugal, and the other “debtor states” to the EU [who draw more money out than they put in].

      Poland actually falls in the latter group, so VSGPDJT moving our military bases to Poland will be a double burn to Merde-Kun (and AKK), et. al. The fact that the criminally incompetent Ursula von der Leyen (illuminist) is slated to tale over the reins of the EU Commission is even a greater problem. Our military has almost no working equipment, and the rest of it is a hazard for the soldiers tasked with using it… I don’t think she even knows which end of a gun is the front…

      Then again, in her case, it could be the Peter Principle in action…

      Liked by 10 people

  4. NOT A MOMENT TOO SOON!!!

    Birthright citizenship is a miscarriage of the law, and was an intentional politicized misreading of the 14th Amendment. It has cost our country billion$ upon billion$$$ and diminished law, order, national security.

    Liked by 19 people

    1. The abuse of the 14th Amendment has changed the fabric of our culture…forever in the US. For 30 years our “leaders” turned a blind eye and in some cases aided and encouraged illegal immigrants to come here – they rolled out the red carpet and NOW, we have 2nd and 3rd generation of illegals – NOW considered “American Citizens”…..you see the results of this lawlessness and lack of loyalty to the US by their protests and the so called new leaders of local government….Representing the illegals instead of US Citizens.

      Liked by 10 people

      1. Illegals and low income people getting free housing, health care, food stamps, etc. are a subsidy to corporations like Amazon and others that hire low skill workers.

        Liked by 6 people

        1. AND who spend Tax Payer money buying their JUNK!

          We are all supporting AT LEAST one other family who we do not know or get any benefit from…. or even acknowledgement. 😠

          We only get VERBAL ABUSE, tromping on our flag and DEMANDS FOR MOOOOOORE.

          Liked by 5 people

      2. Look up the Hart-Celler Act of 1965, and the shenanigans of LBJ and Bobby and Teddy Kennedy.

        THAT’S where all this stuff started.

        Flipped the LEGAL immigration quotas on their head, and all but eliminated immigration from Europe. So we get a ton of people who share NONE of our values…

        Fancy that.

        Cloward Piven probably had something to do with that too…

        Liked by 2 people

    2. I do know that top legal scholars have argued it both ways..
      My belief is that a correct proper interpretation needs to be brought out by SCOTUS. Here are some of the many against anchor baby interpretations. I will probably end up in overload mode in the troll pot…

      “Illegals are not subject to the authority of America. That is why when an Illegals commits a crime they flee back to their home country. That is why Illegals disrespect American Laws, America & American.
      “For Sen. Trumbull, “It is only those persons who come completely within our jurisdiction, who are subject to our laws, that we think of making citizens.” Senator Johnson agreed, stating that he knows “of no better way to give rise to citizenship than the fact of birth within the territory of the United States, born of parents who at the time were subject to the authority of the United States.”
      https://thefederalist.com/2018/07/23/no-fourteenth-amendment-not-authorize-birthright-citizenship/
      The original intent of the 14th Amendment was clearly not to facilitate illegal aliens defying U.S. law and obtaining citizenship for their offspring, nor obtaining benefits at taxpayer expense. https://www.14thamendment.us/birthright_citizenship/original_intent.html

      “The 14th Amendment doesn’t say all persons born in the United States … are citizens of the United States,” said Kobach, who helped draft Trump’s immigration policy. “It says all persons born in the United States, and subject to the jurisdiction thereof, are citizens.”
      https://thehill.com/homenews/administration/414064-kobach-many-people-under-misimpression-14th-amendment-commands

      That policy is simply this: Children born in the United States should be deemed Americans only if their parents are U.S. persons — that is, either U.S. citizens or lawful-permanent-resident aliens.
      https://news.yahoo.com/14th-amendment-does-not-mandate-073059772.html

      Liked by 3 people

  5. Rex on Wray
    me, it’s obvious from Rob Reiner’s unhinged and deranged tweets, that he is extremely SCARED by Trump.

    Reiner is terrified. I wonder why?

    REX
    @REX@social.quodverum.com
    OH NO! FBI won’t release unredacted Strzok/Page text messages! That damn Chris Wray!

    And right on cue the usual suspects, who somehow believe that their emotional need to ‘know’ takes priority over law enforcement, have a collective tantrum.

    It actually makes perfect sense not to release these text messages. Why? They are almost certainly evidence, in criminal investigations/trials. Evidence that’s privileged.

    It’s a POSITIVE development, not a bad one.

    1+

    Liked by 16 people

    1. EXACTLY my first thoughts when I saw this! I also believe that Mr. Fitton of Judicial Watch understands this as well—I think he is playing a rope a dope role here to lull the culprits into a false sense of security.

      Time will tell if my suspicions are correct.

      Liked by 4 people

      1. Yep. Be the shiny ,cheeky bathtub destroyer while the attack sub/s get into position. Like a spotter plane in ww2 while the wolf pack,u boats, got into place.

        Liked by 3 people

  6. Unseen has a great thread on the U.S. economy, the Fed, the globalists, and POTUS’ efforts to stop what the Fed/globalists been doing.

    Liked by 10 people

      1. Ah, yes. Just caught it. I had looked for the tweets showing that someone already had it posted, but he used a different format, so I missed it. Ozzy does a great job with bringing the details.

        Liked by 7 people

        1. It’s worth repeating in any and all forms! And worth re-reading multiple times.
          And worth passing on to friends and family.
          I’ve already passed it on via email.

          Liked by 7 people

  7. Thoughts on this one? I suspect this one is going to SCOTUS.

    https://denver.cbslocal.com/2019/08/21/electoral-college-popular-vote-jared-polis/

    Court: Electoral College Members Not Bound By Popular Vote

    DENVER (AP) — A U.S. appeals court in Denver said Electoral College members can vote for the presidential candidate of their choice and aren’t bound by the popular vote in their states. The 10th U.S. Circuit Court of Appeals ruled Tuesday that the Colorado secretary of state violated the Constitution in 2016 when he removed an elector and nullified his vote because the elector refused to cast his ballot for Democrat Hillary Clinton, who won the popular vote.

    The ruling applies only to Colorado and five other states in the 10th Circuit: Kansas, New Mexico, Oklahoma, Utah and Wyoming.

    Liked by 7 people

  8. Liked by 8 people

    1. We’re throwing money out the window and THAT’s why our annual deficit is so high.
      22.5 trillion at 2% is another 450 BILLION dollars (driven down a little bit lately to about 1.6% today.)
      It’s DUMB government, controlled by the FED and we’re paying for it all.
      Correction, our kids will.

      Liked by 2 people

  9. What Looks Impossible Today May Become Inevitable Tomorrow

    August 22, 2019
    by Harley Schlanger, LaRouche PAC

    https://www.sgtreport.com/2019/08/what-looks-impossible-today-may-become-inevitable-tomorrow/

    Red lights are flashing across the entire trans-Atlantic financial system, signaling the danger of an imminent financial and banking blowout which will make 2008 pale in comparison. This, on the eve of the Aug. 22-24 Jackson Hole, Wyoming annual policymaking meeting of the world’s central bankers and leading international financiers, and the Aug. 24-26 summit of the heads of state and government of the Group of 7 developed nations, which will be held in Biarritz, France.

    A grim, sickly pallor hangs over both meetings—at least for those leaders willing to admit that the British Empire’s entire trans-Atlantic financial system is hopelessly bankrupt, and that every effort to date to bail out its $1.5 quadrillion speculative bubble has failed miserably.

    [Excerpt] Read more at the link above…

    Liked by 5 people

    1. MORE Disinformation to FRIGHTEN the US Consumer into GIVING the Democrats and the Chamber of Commerce the RECESSION THEY DESPARATELY NEED!

      July 2, 2018 Today U.S. Chamber of Commerce President Tom Donohue announced another campaign to protect and defend his Wall Street contributors against initiatives that benefit Main Street U.S.A. This is not the first time, and unfortunately it will likely not be the last time….

      The overwhelming majority of economic punditry and opinion come from salespeople on the purchased payroll, direct and indirect, of the chamber. It is one of the most, check that, it is the most corrupt and abusive enterprise in the history of our nation. They are pulling out a very familiar playbook….
      https://theconservativetreehouse.com/2018/07/02/u-s-chamber-of-commerce-launches-yet-another-financial-campaign-against-u-s-workers-and-main-street/

      The most recent Posted on August 19, 2019 (Very good):
      Multinational Business Roundtable Now Claims “Social Responsibility” More Important than Profit….
      https://theconservativetreehouse.com/2019/08/19/multinational-business-roundtable-now-claims-social-responsibility-more-important-than-profit/

      Other articles by Sundance of interest:

      Peter Navarro Pushes Back Against False Narrative from GOPe and Wall Street Financial Class – America First Economic Policy
      *https://theconservativetreehouse.com/2018/03/02/peter-navarro-pushes-back-against-false-narrative-from-gope-and-wall-street-financial-class-america-first-economic-policy/

      U.S. Chamber of Commerce Launches Yet Another Financial Campaign Against U.S. Workers and Main Street
      *https://theconservativetreehouse.com/2018/07/02/u-s-chamber-of-commerce-launches-yet-another-financial-campaign-against-u-s-workers-and-main-street/

      President Trump and Secretary Mnuchin Continue Toward “Main Street” Parallel Banking System
      *https://theconservativetreehouse.com/2017/10/26/president-trump-and-secretary-mnuchin-continue-toward-main-street-parallel-banking-system/

      President Trump Meets With CEO’s of Small and Community Banks
      *https://theconservativetreehouse.com/2017/03/09/president-trump-meets-with-ceos-of-small-and-community-banks/

      Liked by 5 people

      1. Most definitely – noticed more and more of those kinds of articles in the news – it is the ‘fear’ used to ‘control’ – same old MO.

        Liked by 4 people

        1. Hubby and I noticed the exact same thing as soon as Bush took over from Clinton. The moment Bush’s tush hit the chair in the Oval Office, the headlines were SCREAMING RECESSION!!!

          They guy hadn’t been in office for a week before they were accusing him of causing a recession. Of course it was Clinton’s polices, WTO, NAFTA and the five new banking laws that caused the problems.

          Liked by 5 people

          1. They just have to CONTROL the narrative – even more important when a Republican is in the WH – remember ‘Bush is stupid’? While I am no fan of the Bushes – this constant badgering is tiresome. With PT – it is infuriating!!!

            Liked by 2 people

  10. Lindsey Graham to Meet with Attorney General Barr this Week to Discuss Rollout of SpyGate Docs

    August 22, 2019
    by Debra Heine, PJ Media

    https://www.sgtreport.com/2019/08/lindsey-graham-to-meet-with-attorney-general-barr-this-week-to-discuss-rollout-of-spygate-docs/

    Sen. Lindsey Graham told Fox News host Sean Hannity on Tuesday that he plans to meet with Attorney General William Barr this week to discuss how best to roll out the SpyGate documents that will soon be released to the public.

    “I’m going to meet the attorney general this week to talk to him about how best to tell the story,” Graham, who is the chairman of the Senate Judiciary Committee, said. “I don’t want people to conjecture as to what happened. I want you to read it.”

    The senator said he wants the American people to see the 302s (transcripts of FBI interviews with witnesses), the full Foreign Intelligence Surveillance Act (FISA) warrant applications taken out against former Trump campaign associate Carter Page, and the transcripts of the “confidential informants” who spoke with campaign aide George Papadopoulos.

    [Excerpt] Read more at the link above…

    Liked by 5 people

  11. Migrants arrive in Italy with Gucci bags and designer clothes (raw footage)…

    Posted by Kane on August 22, 2019 10:12 am

    https://www.citizenfreepress.com/breaking/migrants-arrive-in-italy-with-gucci-bags-and-designer-clothes-raw-footage/

    Liked by 8 people

  12. DOCUMENTARY: President Bill Clinton and his corrupt FBI ran the false flag bombing of Oklahoma City… to silence critics and ban the Second Amendment

    August 22, 2019
    by Lance D Johnson, Natural News

    https://www.sgtreport.com/2019/08/documentary-president-bill-clinton-and-his-corrupt-fbi-ran-the-false-flag-bombing-of-oklahoma-city-to-silence-critics-and-ban-the-second-amendment/

    A Noble Lie: the Bombing of Oklahoma City revisits the historic false flag bombing of Oklahoma City in 1995. Throughout history, nefarious factions working within U.S. intelligence agencies have conspired to carry out unethical operations. A Noble Lie refers to the propping up of a myth in order to “maintain social harmony” to ultimately keep the elite in their present position of power and trust. This is exactly what happened in 1995 after the Oklahoma City bombing. The mainstream media reports quickly fell in line with a narrative that contradicted several eye-witness accounts of the bombing.

    Trust in authority is rapidly dying; more people are questioning the official story than ever before

    [Excerpt] Read more at the link above…

    Liked by 3 people

  13. A Michigan Court Case Shows the Right of Armed Self-Defense Is Broader Than You Might Think

    By DAVID FRENCH | August 21, 2019 4:18 PM

    https://www.nationalreview.com/2019/08/a-michigan-court-case-shows-the-right-of-armed-self-defense-is-broader-than-you-might-think/?amp

    Brandishing a weapon without firing it is sometimes the appropriate response to a threat.

    Yesterday the Michigan Court of Appeals handed down a decision in a highly public and very controversial case that gun owners across the United States should applaud. In short, it demonstrates and validates the value of armed self-defense even when you do not pull the trigger and — crucially — have no cause to pull the trigger. It justifies the brandishing of a gun as pre-emptive measure to block the use of unlawful force.

    What do I mean? Hang with me for a moment, because this case is a bit complicated. At its heart is a dispute between Siwatu-Salama Ra, an African-American concealed-carry permit holder from Detroit, and a woman named Channel Harvey. Ra was put on trial for assault with a dangerous weapon and possessing a firearm while committing a felony after she brandished her unloaded pistol at Harvey during a heated confrontation outside Ra’s mother’s house.

    [Excerpt] Read more at the link above…

    Liked by 3 people

  14. I tried to buy a gun at Walmart twice, and roadblocks left me empty-handed both times

    Hayley Peterson Aug. 21, 2019, 1:59 PM

    https://www.businessinsider.com/walmart-gun-buying-review-virginia-store-2019-8

    Walmart is facing calls to stop selling guns in the wake of deadly shootings at its stores.

    I went to a Walmart store in Virginia with the intention of buying a gun as part of an investigation into the placement, selection, marketing, security, and sales of firearms in Walmart’s stores.

    My journey to bring a gun home from Walmart was more complicated than I expected, and I was left with the impression that the company takes gun security and sales seriously.

    [Excerpt] Read more at the link above…

    Liked by 2 people

  15. Hi all!
    I’m talking to my partner about what countries contribute what to the UN and I can’t find that graph….can anyone point me to a link?
    Thank you in advance.

    BTW looks like our PM in Oz is all aboard the Trump Train. Talking about increasing military presence in the north in readiness for China…i things are going to get hairy here as we are practically bought and sold by them and if we don’t team up with the US we will be lost forever.

    Also the crazy renewable energy crap is biting back, states are struggling with power consumption as many power stations were shut down before other energy in place. (We are off grid with our own beaut power system, one less ownership of us!)

    Cheers all!
    WWG1WGA

    Liked by 3 people

      1. Thanks Duchess, that’s good. The graph I was thinking of was posted recently with the GDP percentages., showing the 2% line…I’ve been scrolling back but can’t see it.

        Liked by 2 people

        1. Are you maybe thinking NATO? They have a two-percent obligation…

          I jolly well hope we’re not giving two percent of our GNP to that Satanic (dis)organization known as the UN…

          Liked by 1 person

          1. Yes, I think you’re right…haha, I had a procedure involving anaesthetics yesterday and I’m not suppose to operate machinery, make decisions etc. maybe that should include posting!! 🤣🤣

            Like

            1. He has now decided we need to go for a Harley ride…beautiful day…I just have to hold on and enjoy, not operating machinery or making decisions. I’m a lucky lady.

              Liked by 1 person

  16. Like

  17. Liked by 2 people

  18. Liked by 1 person

  19. Heh. Off HotAir [ https://hotair.com/archives/allahpundit/2019/08/22/trump-joked-aides-trade-puerto-rico-greenland/ ]: “It would be like the prime minister of Denmark saying that she wants to buy Puerto Rico or Guam. What would the president of the United States say then?”

    I’m guessing, “how about San Francisco and Seattle, as well?”

    [It might not be generally known, but there is a statue of Lenin in a public square in Seattle. It was originally commissioned by occupied Czechoslovakia, but was toppled in their 1989 rebirth, the ‘Velvet Revolution’. It was relocated to Seattle in 1995. https://en.wikipedia.org/wiki/Statue_of_Lenin,_Seattle ]

    Like

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