SURPRISED? CONGRESS OFFICIALLY SAYS ‘BANKS ARE THE TOP OF THE PYRAMID’

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Via Truthstream Media’s new side channel Informed Dissent:
According to a 1974 Senate report, corporate ownership has virtually taken over control of every major media outlet, energy company and industry. The largest 32 banks have power in combined stocks, shareholder voting, boards and directorships and more… this is an oligarchy.


This post was published at The Daily Sheeple on SEPTEMBER 1, 2016.

57 Percent of Our Banks Have Disappeared: You Can Thank Bill Clinton

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Thanks to the Presidential debates, most Americans have heard of the Glass-Steagall Act which kept the country’s banking system safe for 66 years until it was repealed by President Bill Clinton in 1999, allowing the risky activities of Wall Street trading firms to merge with insured-deposit banks, setting the stage for the Wall Street collapse in 2008. But few Americans have ever heard of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which Bill Clinton signed into law less than two years after taking office. The Riegle-Neal legislation allowed bank holding companies to acquire banks anywhere in the nation and invalidated the laws of 36 states which had allowed interstate banking only on a reciprocal or regional basis.
Put these two pieces of legislation together with the Commodity Futures Modernization Act of 2000, also signed into law by Bill Clinton, which allowed trillions of dollars of OTC derivatives on Wall Street to escape regulation, and you have just defined America’s current banking system from hell.
In 1934, there were 14,146 commercial banks with FDIC insurance in the United States. By 1985, that number had barely budged – we had a total of 14,417. But as of this month, we have 6,172 FDIC-insured commercial banks, a decline of 57 percent, with the annual declines accelerating after the passage of Riegle-Neal in 1994.

This post was published at Wall Street On Parade By Pam Martens and Russ Marte.

It’s Official: Donald Trump Becomes The 45th President Of The United States Of America

It’s official: at exactly noon on January 20, Donald Trump was sworn in as the 45th president of the US.
Supreme Court Chief Justice United States John Roberts administered the oath of office to Trump, as he vowed to “faithfully execute the Office of the President of the United States.” As he took the oath, Trump placed his hand on the Bible used by President Lincoln at his first inauguration, which was also used by President Obama at both of his inauguration ceremonies.
In 2009, President Obama had to retake the oath of office after Roberts stumbled on the wording. Roberts flubbed the oath, accidentally rearranging the word “faithfully.” Obama then repeated the incorrect version, saying he would execute “the office of president of the United States faithfully.”

This post was published at Zero Hedge on Jan 20, 2017.

OBAMA JUST LEFT… AND HE LEFT US $9,334,590,089,060.56 MORE IN DEBT THAN WHEN HE GOT HERE

Well, that’s it. Donald J. Trump is officially the new president of the United States of America. Obama just got on his helicopter and flew away from the capitol. Buh-bye.
But, like a dine and dasher, Obama has left America holding his $9,334,590,089,060.56 tab. At least, that’s the official figure we’re being given…
Although it’s record-breaking, you know it’s probably a lot more.
So as Donald Trump takes office, America is about to hit the $20 trillion (with a T) national debt mark… and The Fed has signaled it’s about to raise rates for the first time in years, something the institution only did one time throughout both of Obama’s terms and it was the first time it happened in a decade.

This post was published at The Daily Sheeple on JANUARY 20, 2017.

Summing up 8 years of Barack Obama

It’s hard to argue with Barack Obama’s jump shot. I can’t imagine Rutherford B. Hayes having that kind of game.
Or his swagger. Comedic timing. Even charisma.
And there have been plenty of times over the last eight years when, in all seriousness, those qualities have truly mattered.
I can’t imagine anyone not getting goose bumps when President Obama sang Amazing Grace during the eulogy of Reverend Clementa Pinckney in 2015 after the horrific church shooting in Charleston.
During his presidency he had thrust upon him the impossible task of consoling an entire nation over and over again. Personality truly mattered.
But tangible, productive results are an entirely different story, and that’s what I want to examine today.
I’ve read a number of articles this week which glowingly praise President Obama’s accomplishments. Others offer scathing critiques.

This post was published at Sovereign Man on January 20, 2017.

You Can’t Resist Trump by Closing Your Eyes

I have serious concerns about a Trump Presidency. I’ve laid these out repeatedly in the past, but to summarize, they center around his authoritarian nature, a disregard for civil liberties, and lastly the fact that many of the people he has surrounded himself with posses an ideology which runs completely counter to the populist message he espouses. As I warned back on November 9th, in the post Americans Roll the Dice With President Donald Trump:
Trump will be a failure unless he brings the right people into his inner circle. This is of the utmost importance. Indeed, I knew for certain Obama was a total fraud the moment he appointed Larry Summers and Timothy Geithner to key positions within his administration. This is the area I think Trump is most vulnerable to making some very big mistakes.
Irrespective of my serious concerns, I desperately want Trump to succeed. America needs him to succeed. I’m confident that Trump will never read a single word of this, but it’s also possible someone with access to him will. If so, please consider my observations. The Republic depends on him unifying the people and helping to foster an environment in which every American has a opportunity for life, liberty and the pursuit of happiness.

This post was published at Liberty Blitzkrieg on Michael Krieger | Posted Friday Jan 20, 2017.

Obama Leaves America Vulnerable to EMP Attack: Threatens ‘Banking, Fuel, Food Distribution’

Barack Obama officially made his exit from the stage, but he left us with some major vulnerabilities – at a time when he stepped away from power with tensions at all time high with Russia.
Not only has the nation been left wide open to an EMP attack or other sophisticated barrage against our national defenses, but recent advances have left our leaders drastically unprepared for possible or even likely attack from a long line of potential adversaries.
Asymmetrical warfare on a global, electronic scale can and will play out in the years ahead – in fact, the design of the latest class of high tech weapons make sure that the next world war will be fought with EMP and
President Trump – and all presidents after him – will have to contend with this immediate and deadly threat. Even the best alliances – with Putin, with China, etc. – will not prevent rogue states or rogue groups from exacting horrible destruction.

This post was published at shtfplan on January 20th, 2017.

Obama’s Biggest Lies

The Fact Checker started during the 2008 campaign and then went on hiatus for the first two years of President Obama’s presidency before becoming a permanent Washington Post feature in 2011. All told, we’ve fact-checked more than 250 statements by Obama.
With his presidency coming to a close, here’s a look at 10 of Obama’s biggest whoppers, listed in chronological order. All of these earned Four Pinocchios, of course, but they also landed on our annual list of the biggest Pinocchios of the year.
To keep it simple, we have shortened the quotes in the headlines. To read the full column, click on the link embedded in the quote.
‘More young black men languish in prison than attend colleges and universities across America’
This was a 2007 campaign claim by Obama, then a senator, that was wildly off the mark. In reality, there are five times more black men enrolled in colleges and universities than young black men in federal and state prisons – and two and half times the total number incarcerated (including local jails). Even if you expanded the age group to include African American males up to 30 or 35, the college attendees would still outnumber the prisoners.
‘We signed into law the biggest middle-class tax cut in history’

This post was published at Zero Hedge on Jan 20, 2017.

Inspector General: TSA uses secrecy to avoid embarrassment

A report on the security of TSA operational IT and communications systems released last month by the DHS Office of the Inspector General (OIG) is prefaced with a scathing critique of the redactions demanded by the TSA in the censored public version of the report.
The OIG report found a pervasive lack of basic security measures and consciousness at TSA airport facilities: doors propped open or with locks taped off, unmonitored entrances, lack of logs of physical access to communication nodes and servers, lack of redundancy, etc.
But the TSA tried to keep the OIG from reporting on even those problems that at already been publicly reported, after TSA review and permission, in earlier OIG reports or other pages of the same report. The real point of the TSA’s censorship is not security but avoidance of public and Congressional debate and oversight.
Here’s what the DHS’s own internal auditor reported:
I must lodge an objection regarding the way that TSA has handled information in the report it considered Sensitive Security Information (SSI). Specifically, we issued the draft report, Summary Report on Audits of Security Controls for TSA Information Technology Systems at Airports, to the Department on September 16, 2016.

This post was published at Papers Please on January 20th, 2017.

Trump’s Inaugural Address: “We Are Transferring Power From Washington And Giving It Back To You”

In an inaugural speech that appealed to the core tenets preached during his presidential campaign, tinged with an overtone of palpable anger and a suggestion of protectionism, Trump addressed the core promises that brought him into the White House, and vowed to bring back jobs, fortify America’s borders and restore America’s wealth, while transferring power from Washington and giving it back to “you, the people.”
“Today we are not merely transferring power from one administration to another or from one party to another,” Trump said in his inauguration speech. “We are transferring power from Washington, D. C. and giving it back to you, the people.”
In his speech, Trump described an America riven by crime and social tumult, as Obama sat nearby.
“This American carnage stops right here and stops right now,” Trump said.
“The forgotten men and women of our country will be forgotten no longer,” Trump said as light rain began to fall. “Everyone is listening to you now.”


This post was published at Zero Hedge on Jan 20, 2017.

WATCH TRUMP PROTEST LEADER GET EXPOSED FOR BEING A TOTAL FAKE ON LIVE TV

Anti-Trump Demand Protest Leader Dom Tullipso, who apparently pays people to protest, was a guest on January 17th’s Tucker Carlson Tonight and Carlson didn’t hold back.
The interview goes from ridiculous to hilarious. Carlson opens with,


This post was published at The Daily Sheeple on JANUARY 20, 2017.

Four Dead, More Than 20 Injured After Driver Ploughs Into Melbourne Pedestrians

In what may be the latest ISIS-inspired instance of vehicular terrorism, a man deliberately slammed into pedestrians near a shopping mall in Melbourne, Australia, killing four and injuring more than 20. While the police have said the incident was not terrorism-related, according to some eyewitness reports the driver was yelling “Allahu Akbar” as he was driving.
According to Reuters, Police eventually rammed the car and shot the 26-year-old driver in the arm, before dragging him from the vehicle and arresting him. He was wearing nothing but red underwear when he was detained at the Elizabeth Street end of the mall
Police said the man had a history of family violence and was wanted over a stabbing earlier in the day.


This post was published at Zero Hedge on Jan 20, 2017.

Trump Can Easily Undo Obama’s Arctic Drilling Bans

Obama’s ‘permanent’ bans on offshore oil and gas drilling in Alaska are actually ‘indefinite’ and could end as soon as January 20.
The incoming Trump administration has the authority to revoke environmental protections of Alaska’s Chukchi and Beaufort Seas, which were enacted by President Obama in December and widely described in the media as ‘permanent bans’ on oil and gas drilling in the Arctic. Environmental activists praised the Obama administration for its actions, proclaiming that these bans are irreversible and will protect the Arctic from worsening climate change.
In reality, the protections are indefinite (not permanent) and they are most definitely reversible. With a pro-fossil fuels administration coming together, oil and gas leases will likely be reauthorized at some point in the Chukchi and Beaufort Seas during the next administration. With pro-oil officials like Rick Perry and Ryan Zinke set to lead the Energy and Interior Departments, the petroleum industry can expect to return to the Arctic eventually.
President Obama used a provision in the Outer Continental Shelf Lands Act, or OCSLA, to remove 125 million acres of the Beaufort and Chukchi seas from federal oil and gas leasing programs. Provision 12(a) of OCSLA grants the President the authority to remove certain lands from federal leasing at his or her discretion: ‘The President of the United States may, from time to time, withdraw from disposition any of the unleased lands of the outer Continental Shelf.’ That’s as simple a statement as one is liable to find in US federal law, and it grants the President extraordinary flexibility in his or her ability to administer federal property leases. To revoke US territorial waters from leasing programs, a presidential memorandum is written and signed by the President, and it immediately has the force of law.

This post was published at FinancialSense on 01/20/2017.

Bikers, Potheads, Snowflakes, & Women – Washington Braces For Protests, Patriots, & Physical Conflict

It all begins today! I will see you at 11:00 A. M. for the swearing-in. THE MOVEMENT CONTINUES – THE WORK BEGINS!
— Donald J. Trump (@realDonaldTrump) January 20, 2017

If last night’s tensions are anything to go by, today’s inauguration ‘celebrations’ for the 45th president of the ‘United’ States is sure to be chaotic away from the choreographed proceedings. As Reuters reports, tens of thousands of law enforcement officers and miles of barriers were in place in Washington on Friday, as officials braced for hundreds of thousands of people planning to celebrate or protest; and “Bikes for Trump” are ‘absolutely’ prepared for physical conflicts.
About 30 groups have obtained permits for protests they estimate will attract about 270,000 people on Friday and Saturday, far more than have been seen in other recent presidential inaugurations.
Reuters reports that about 900,000 people were expected to pack central Washington, including the grassy National Mall facing the Capitol, where the New York businessman and former reality TV star will be sworn in, and the parade route along Pennsylvania Avenue to the White House.

This post was published at Zero Hedge on Jan 20, 2017.