AUGUST 20/DOW REVERSES COURSE DOWN 174 POINTS//GOLD UP $2.90 BUT SILVER THE STAR, UP 20 CENTS/A HONG KONG CITIZEN AND A BRITISH EMBASSY EMPLOYEE DETAINED IN SHENZHEN AND HIS WHEREABOUTS ARE UNKNOWN..A POTENTIAL POWDER KEG!// ITALY’S CONTE RESIGNS AND NOW THE PRESIDENT WILL CALL ON NEW ELECTIONS AS THE FUN BEGINS IN ITALY//AMAZING: MISS NEVADA NOT ALLOWED TO COMPETE IN THIS YEAR’S MISS AMERICA CONTEST BECAUSE OF HER PRO TRUMP VIEWS//
Lost Within the Rate Cut: Fed’s Drive to Establish a New Payment System
Part way through delivering a press conference following the Federal Reserve’s first rate cut since December 2008, chairman Jerome Powell let it be known that the central bank was ‘looking carefully‘ at developing a new faster payments system. Unsurprisingly, his words on the subject proved the equivalent of screaming into the face of a force ten gale. Besides a handful of financial outlets, nobody heard him. All that analysts and observers were really interested in was the Fed’s stance on interest rates.
This was unfortunate because whilst they may appear banal and complex on the surface, payments systems are of far greater significance than whether a central bank opts to cut or raise interest rates. Anyone keeping pace with the myriad of speeches and publications emanating from central banks will know that globalists are working incrementally to introduce a cashless monetary system under their control. The Federal Reserve are one strand of this strategy as we will discover. https://www.investmentwatchblog.com/lost-within-the-rate-cut-feds-drive-to-establish-a-new-payment-system/
Gregory Mannarino GOES BALLISTIC! "Get Your Cash Out Of Investment Banks."
ECB Will Lend to Banks Long-Term in Hopes They Will in Turn Lend Again by Martin Armstrong
Come September, Draghi at the ECB will make loans to Eurozone banks on a long-term basis at rates less than the short-term lending window. The objective is to encourage banks to lend money to businesses. Nobody thinks about letting businesses bypass the banks mainly because the banks are in such a vulnerable state because Europe never took the toxic assets out of the banks as did the USA. To do that would have meant that some countries would have been bailed out more than others so they cut rates and hoped for the best which never happened... The world economy is crashing BECAUSE of negative interest rates. These insane people have REFUSED to consider that this entire idea of lowering interest rates to stimulate the economy will NEVER work. You are wiping out pension funds and the elderly who are a vital part of the economic base. They keep using the same theories that are decades old and have ALWAYS failed each and every time... Just look at the Great Depression. Lowering interest rates FAILED to reverse the decline. The market rallied when the rumors proved correct that Roosevelt would devalue the dollar creating currency inflation. Lowering interest rates has NEVER worked even once, yet they keep trying the same theory over and over again because they cannot think of anything else to try. https://www.armstrongeconomics.com/world-news/central-banks/ecb-going-to-lend-to-banks-long-term-in-hope-they-will-in-turn-lend-again/
Forget Great Depression, the Greatest Ever is Coming Says Gerald Celente
The global economy is about to collapse into a depression worse than that of the 1930s, and its roots are deeper than trade wars, this according to Gerald Celente, publisher of The Trends Journal. “It’s one big scam, it’s ready to blow apart, it has almost nothing to do with trade wars and tariffs,” Celente told Kitco News. The “Greatest Depression,” as Celente calls it, will likely strike after the 2020 presidential election, he said. https://www.youtube.com/watch?v=aySaqJD3r4M
(Look at the links) From 1976 to 1981, Jeffrey Epstein worked for the Wall Street investment bank, Bear Stearns. Epstein was found dead in his jail cell on August 10 while awaiting trial on charges of sex trafficking of underage girls, dozens of whom he allegedly sexually assaulted after grooming them first with “inappropriate touching.” Bear Stearns collapsed in the early days of the 2008 financial crisis and was purchased by JPMorgan Chase. One of the last acts of Bear Stearns’ CEO, Jimmy Cayne, was to make a $2 million payment to a woman who charged that the legendary Chairman of Bear Stearns, Ace Greenberg, had engaged in “inappropriate touching.” The young woman was said to have had a witness to her charges.
In a 2017 report by the New York Times, a former Managing Director of Bear Stearns, Maureen Sherry, reported that “…it was mostly the same men who preyed on young women.” In a 2016 report by Maureen Callahan at the New York Post, a former Bear Stearns’ employee reports that men at Bear Stearns were “getting bl*w jobs in front of staff – that happened all the time.” Claims that men at Bear were demanding sexual favors from female colleagues and getting away with it date all the way back to the 1980s...
...When Epstein’s powerful lawyers cut his plea deal with Federal prosecutors in 2008, the Palm Beach police had credible evidence that Epstein had sexually assaulted dozens of underage girls at his home in Palm Beach. The police had even asked the FBI to investigate. But the Federal government left Epstein off with a single count of soliciting sex from a minor and one count of soliciting prostitution from an adult. His 13 months of jail time consisted of being ferried by his private driver and limo to an office where he spent 12 hours a day on a so-called work release program. According to the New York Times, “When Jeffrey Epstein was serving time in Florida for soliciting prostitution from a minor, he got a surprising visitor: James E. Staley, a top JPMorgan Chase executive and one of the highest-ranking figures on Wall Street.” Staley wanted to keep his relationship with Epstein, according to the Times, because “Epstein had funneled dozens of wealthy clients to Mr. Staley and his bank.” This is precisely the same motive that keeps the big producing brokers safe on Wall Street. http://wallstreetonparade.com/2019/08/jeffrey-epstein-learned-his-sexual-depravity-from-wall-street-then-took-it-to-the-next-level/.
Anatomy of a hate filled political stunt
A US appeals court refused to block new rules Friday from the Trump administration that prohibit clinics that receive federal funds from referring patients for abortions. That’s a big blow to Planned Parenthood. The nation’s largest abortion provider has been in the Title X program for decades and receives almost $60 million in funding from the program each year. But the appeals court has now rejected a lawsuit by Planned Parenthood and others to overturn the Trump administration’s new rules.
A faith-based student group is awaiting a federal court ruling that will determine if it has the legal right to decide who leads its Michigan chapter. InterVarsity sued Wayne State University last year after the school revoked its status as a recognized student group in 2017, citing the “discriminatory” policy that InterVarsity chooses its student leaders who adhere to biblical beliefs... It’s obvious, she adds, that Muslim student groups and Jewish student groups have not been targeted, which means only the Christians have been accused of discrimination.
DARK JOURNALIST X-SERIES 62: ALICE THE LOOKING GLASS MYSTERY SCHOOL INITIATE! GIGI YOUNG
Special Guest Gigi Young Returns to explore the deeper aspects involved in the second volume of Lewis Carroll's timeless Alice In Wonderland books: Through The Looking Glass and What Alice Saw There. Together, Dark Journalist and Gigi unravel the Mystery School Initiation process outlined in the book as a kind of textbook of psychic esoteric development for young students. In addition they connect the dots of Carroll's association with Occult Societies like The Orphic Circle, a secret group that studied deep somnambulist trance as a process that could open up supernatural seership. The Circle's membership inlcuded future Prime Minister Benjamin Disraeli, Authors Charles Dickens and Edward Bulwer-Lytton and a gallery of individuals of noble Rank in 19th Century English Society. https://www.youtube.com/watch?v=9umz0ybBh8k
BOZELL & GRAHAM: Parental Nightmares In Public Schools
Public schools are reopening for business across America, meaning it's time to get back to reading, writing, arithmetic ... and revolution. As usual in matters such as these, California is leading the way. On the first day of classes at Denair Middle School near Modesto, science teacher Luis Davila Alvarado handed out a worksheet from a transgender advocacy group titled "The Gender Unicorn" asking students about their "gender identity," "gender expression" and their sexual and emotional attractions. These are children. And yet the teacher did not ask permission to hand the worksheet out. Most parents were outraged... https://www.dailywire.com/news/50747/bozell-graham-parental-nightmares-public-schools-l-brent-bozell-iii