“Secrecy, once accepted, becomes an addiction.” ~Edward Tiller
Part I includes our stories for our first two categories: economy & financial markets and geopolitics.
ECONOMY & FINANCIAL MARKETS
“The [Federal Accounting Standards Advisory] Board determined that options other than those permitted in this Statement [FASAB 56 proposing federal agencies keep secret books] may not always adequately resolve national security concerns….Without this Statement, there is a risk that reporting entities may need to classify their entire financial statements to comply with existing accounting standards, which would likely result in the need to classify a large portion of the government-wide financial statements.” ~ Federal Accounting Standards Advisory Board, August 2018
“No Comment”—U.S. Securities & Exchange Commission on FASAB proposal that U.S. federal government, the largest issuer of securities in the world, be allowed to maintain secret books, March 2018
Story #1: Secret Books: Harvard, HUD, DOD, and U.S. Treasury Go Dark—The Pricing Mechanism Goes Dark, Too
The successful push for secret books and secret financial markets was the most important story of 2018. The secrecy trend was foreshadowed in 2017, when the Harvard Corporation began taking steps to “go dark”—reducing transparency and getting rid of individuals knowledgeable about the financial coup. In 2018, after the Department of Defense (DOD) admitted that it was incapable of producing an audit, the Federal Accounting Standards Advisory Board (FASAB) quietly introduced a policy that negates any pretense of oversight by making it legal for government agencies and affiliate entities to have secret books. Secrecy combined with AI are also destroying the pricing mechanism. These moves signal a thriving breakaway civilization and hidden system of finance—and implementation of a new model that not only protects the perpetrators of the financial coup from liability but facilitates further flows out the back door for disaster capitalism and control by private corporations. (Gee, Harvard is buying up land and water in California….) Who knew that the Federal government could usher in a meaner and more aggressive fascist model through changes in an obscure accounting policy?
- Negroponte given power to waive SEC rules
- FASAB Statement 56: Understanding new government financial accounting loopholes
- SEC comments: FASAB Exposure Draft: Classified activities. Questions for respondents due March 16, 2018
- WSJ subscription: Harvard endowment to lay off half its staff
- In "radical overhaul" Harvard endowment to fire half, close internal hedge funds, outsource asset management
- UPDATE 2-Harvard to overhaul investment management, slash endowment staff
- Harvard borrows Yale model
- Harvard endowment reports "disappointing" 8.1 percent return
- The black budget: The crossroads of (un)constitutional appropriations and reporting
- The Pentagon spent nearly $1 billion on an audit—and failed
- Amazing facts and figures from the Pentagon’s failed audit
- Pentagon fails its first-ever audit, official says
- Massive Pentagon agency can’t complete audit—again
- Federation of American Scientists: Financial accounts may be "modified" to shield classified programs
- Federation of American Scientists: Accounting Board okays deceptive budget practices
- Regulators propose ending appraisal requirement on some home sales of $400,000 and below
- Appraisers accuse federal regulators of recreating housing crisis conditions
- John Bogle pens WSJ op-ed warning index funds becoming too big
Story #2: Interest Rates Rise—National Security State Squeezes the Civilian Economy and the Outsiders—Debtors, Housing, Emerging Markets, and Small Business
Pay attention to Solari’s economic storm warning, because the deep state—which we think has stolen $50-plus trillion, has all the technology, and now has secret books—is raising interest rates to make more money on its stolen money. How clever is that! After all, they are the ones who have the cash to pay newly issued Treasury securities. The insiders who helped engineer the financial coup also are free to print more money at any time or give themselves more government contracts. As they continue to centralize control and engineer a recession and inflation, the civilian economy will feel the squeeze between revenues and expenses. The rest of the world continues to try to establish an alternative system that the U.S. can’t control.
- Berkshire Hathaway reveals stake in JP Morgan as Warren Buffett raises bet on the US banking system
- SWIFT CEO to step down in June
- Germany urges SWIFT end to US payments dominance
- Fed defies Trump, Wall Street by raising rates
- How latest Fed rate decision affects rates on credit cards, mortgages, savings accounts
- The economy "rigging" that impacts Americans…
- How taxpayers subsidize America’s biggest employer and richest family
- The gathering storm in the Treasury market
- Washington’s silent weapon for not-so-quiet wars. "A world full of dollars," a 2019 global economic crisis
- ECB sees global economic slowdown in 2019
- BIS warns of "perfect storm" for global economy
- Is a recession coming? CFOs predict 2019 recession, majority expect pre-2020 market crash
- Freddie Mac rolls out new loan program for manufactured housing
Story #3: Piratization Prep: The Deep State Utilities Build Out Their Platform
Contrary to what hope porn would have us believe, the swamp is in full blossom. Throughout 2018, we watched an unprecedented “in-your-face” move to reengineer and centralize the Federal government’s digital infrastructure using the deep state “utilities”—especially Amazon and Lockheed Martin. Consider Amazon’s set-up: It has the 17 U.S. intelligence agencies happy together in the Amazon cloud; it has consolidated its retail business with the purchase of Whole Foods; it owns The Washington Post; and its new dual headquarters will be located in proximity to the CIA, Treasury, and the New York Fed. In addition, the pending $10 billion DOD Jedi contract looks like it may go to…Amazon. Then, we have Amazon’s strategic satellite deal with Lockheed—which happens to be the U.S. government’s number-one contractor and was the lead contractor at the Federal Aviation Administration when 9/11 happened. Lockheed also ran information and payment systems for HUD and DOD during the financial coup and managed the neat trick of spinning out its IT division to escape liability for the missing money.
- Amazon to pick NYC, Northern Virginia for split “HQ2”: source
- Google reportedly plans to significantly expand its New York City presence
- As shutdown looms, House votes to empower Federal CIO, improve agency services
- Federal CIO office cyber lead is leaving government
- GSA to consolidate 24 multiple award schedules into one
- Amazon Web Services and Lockheed Martin team to make downlinking satellite data easier and less expensive
- The DOD is defending its JEDI procurement—and AWS has joined that defense
- Government denies Oracle’s protest of $10B Pentagon JEDI cloud RFP
- GAO dismisses IBM’s JEDI protest
- DOD says bids for $10B JEDI deal must be hand-delivered
- “We are coming”: Chilling Blackwater ad triggers fears of Trump seeking to privatize Mideast wars
- Erik Prince’s plan to privatize the war in Afghanistan
Story #4: Cash Is King: Stocks, Bonds, Commodities Drop Together
Atypically, stocks, bonds, and commodities were all down together in 2018. With no pricing mechanism, what to do? You need to make wise decisions about where and how you invest your time, money, and other resources. Invest in what you know and believe to be real. There are thousands of good companies that are not corrupt and are producing basic things that everybody needs. Also remember that seven billion people are a mighty force; the deep state may be trying to harvest us, but we can still focus on doing something productive.
- More than half of S&P 500 stocks are now in a bear market
- Bizarre direct bid collapse continues in today’s tailing 5Y auction
- Why is every asset down in 2018 (& 3 questions for 2019)
- No more drama: Commodities investors seek a return to fundamentals
- Corporate bond woes worsen as spread hits widest in four months
Story #5: IOT Profits and the 5G Launch
From a market, operational, and control point of view, the deep state is 100% dependent on having 5G and the Internet of Things up and running. The health effects of EMF radiation are not on the leadership’s radar as a concern but may be one of the reasons that they seem to prefer robots. All of us are going to have to learn about EMF radiation and take it seriously. Consider hiring a professional to assess and remediate EMF and dirty electricity levels in your living and work space—this can make a big difference.
- 2018 roundup of Internet of Things forecasts and market estimates
- Satellite 2018 Conference: Remarks of David J. Redl, Assistant Secretary of Commerce for Communications and Information
- C-Band Alliance increases to 200 MHz its FCC proposal for spectrum repurposing in the U.S. to support nationwide 5G deployment
- C-band spectrum reallocation: Too lucrative to ignore?
- The LibreRouter project aims to make mesh networks simple and affordable
- 5G is finally starting to feel real
- AT&T’s 5G network is live, if you’re in the right city
“For the West in general, Trump’s decision [to withdraw troops from Syria] has significance far beyond Syria or Iran. It signals the end of America’s role as world policeman—the end of what might be called the Pax Americana dependency culture.” ~ Melanie Phillips
“The state’s exclusive claim to violence to uphold its rule of law is, according to many, the very essence of statehood. For instance, in 1919, the eminent German sociologist Max Weber defined the state as “a human community that (successfully) claims the monopoly of the legitimate use of physical force within a given territory.” This definition remains widely used today, and states that cannot maintain a monopoly of force and endure civil war or frequent violent crime are routinely described as “weak,” “fragile,” or “failed” states.” ~ Sean McFate, The Modern Mercenary: Private Armies and What They Mean for World Order
Story #6: Deep State Secrecy—Censorship, Coup by FASAB, Climate Confusion, and Culture Wars
Physical, mental, and emotional manipulation—electromagnetic and cultural—are being used to promote transhumanism and create chaos, confusion, and bad maps. Look at the effort to get young people to adopt a false map about climate change so that they will embrace socialism and central control (while never hearing a peep about weather warfare or global spraying). The culture wars and cultural “peer pressure” are another brilliant tactic to keep people from noticing that their money is being stolen and their human rights destroyed. However, the protests that are happening all over Europe—cultural, not political—show how strongly people feel about preserving and “seed-banking” their culture. Watch out for manipulation of language—an insidious technique to cut people off from Western European culture. The business community’s substitution of “human resources” for the word “personnel” is another example of linguistic sleight-of-hand, signaling a modern version of slavery. In this light, be cautious about DNA testing, which, in a legal sense, transfers ownership of the DNA to whomever obtains the sample.
- 1987: Senator Inouye exposes the shadow government
- 2017: Schumer warns Trump: Intel officials "have six ways from Sunday at getting back at you"
- Class action lawsuit for targeted individuals
- Report: Huber and Horowitz investigations deep state cons constructed by DOJ…
- Rand Paul blasts "deep state" for shutting him out of CIA briefing
- Ron Paul: Why the Senate vote to end Yemen war is so important
- Christian group demands tech giants stop censorship or face tidal wave of lawsuits
- Apple permanently bans Alex Jones from entire platform
- An intelligent conversation about the environment
- Scientists will begin geoengineering experiment and try to block the sun
- Russia, China, and those ionospheric heaters and other stuff: Part one
- China and Russia band together on controversial heating experiments to modify the atmosphere
- Ocasio-Cortez: "Inevitable" global warming governance will create "economic, social, and racial justice"
- Climate change could trigger next global recession, 415 investment funds warn
- "#FakeMoos": CNN wants Americans to start eating insect burgers to save the planet
- Stanford frat told to take down "offensive" American flag, hangs much bigger one
- Dutch man, 69, who "identifies as 20 years younger" launches legal battle to change age
- In a first, transgender woman competes in Miss Universe competition
- Mayor De Blasio signs law establishing "third gender" for NYC birth certificates
- Congress is trying to use the spending bill to criminalize boycotts of Israel and other countries
Story #7: 9-11 West: Are Thermal Warfare and Disaster Capitalism Spreading Across the U.S. and EU?
This was the second most important story of 2018. Thermal warfare on American citizens is happening—the U.S. equivalent of the Phoenix Program—and it is taking place with the concurrence and approval of the U.S. government and its contractors. (How could the fires have happened without the U.S. military, which controls the air space, either standing down or facilitating?) Did the Administration make a deal with the tech industry to clear out land for high-speed trains and Silicon Valley North? Is there an intent to transform the state and consolidate the national security infrastructure that is already in place in California? Or are the fires a way to clear out mortgage fraud? Or both? At any rate, all signs indicate that thermal warfare and other forms of lawlessness are going to spread across the country and throughout the G7. Disasters also dramatically increase the government’s ability to spend money without accountability. The tearing up of rules and standards in the middle of a disaster is frightening to watch.
- Paradise photos: Butte County GIS maps
- Insurance claims at $9 billion from California fires
- Death toll from summer forest fire near Athens rises to 99
- "The whole town is gone": Dramatic drone footage reveals scale of fire destruction in paradise, CA
- PG&E rate proposal would raise typical bill more than $10 a month
- Camp Fire up close
- List of missing in California’s deadliest wildfire drops sharply
- The CA fires: Strangeness squared
- WSJ subscription: Inflated home appraisals drain billions from government insurance fund
- Berkshire Hathaway reveals stake in JP Morgan as Warren Buffett raises bet on the US banking system
- Troops sent to help tackle Saddleworth Moor fire are stood down – live updates
- Wildfires burn across Eastern Australia in sweltering heat wave
- California’s biggest utility provider spikes after regulator eases fears of bankruptcy following deadly wildfire (PCG)
- California Senate Bill No. 901 Wildfires, CHAPTER 626: Approved by Governor September 21, 2018. Filed with Secretary of State September 21, 2018
- The Phoenix Program
- "We are coming": Chilling Blackwater ad triggers fears of Trump seeking to privatize Mideast wars
- Erik Prince’s plan to privatize the war in Afghanistan
Story #8: Midterms: GOP Wins Senate, Dems Win House, Trust in Voting Systems Continues to Deteriorate
The split midterm election results will exacerbate partisan politics. This means more paralysis of overt government, greater covert control, and more infighting between deep state factions. One telltale sign that the midterm “blue wave” was engineered: All 60 freshman congressmen—including young supporters of socialism and transhumanism—went to Harvard for their week-long briefing. Since when is the deep state in charge of congressional orientation? With national elections now functioning as high-powered, expensive surveys, will the “silent majority” simply give up on the process? Perhaps, but they will not give up their guns—over a million people have refused to comply with the recent New Jersey law banning large capacity ammunition magazines.
There are also growing indications that the Clinton-Bush marriage of convenience may be breaking up and that Trump has made a deal with the “Bushies”; look at Trump’s appointments to the Supreme Court, the Fed, and as Attorney General. Meanwhile, the Clintons’ pay-to-play backers—some of the most powerful people on the planet—want their money. Are the Clintons being set up for a fall?
- "Democrat lawyers are descending on Florida": Republicans blast recount effort
- Democrats won the House, but Trump won the election
- Republican Kevin McCarthy voted to lead minority…
- The Democratic blue wave was real
- US midterms 2018
- At Harvard, Rashida Tlaib blasts comments by former Trump advisor Gary Cohn
- What we must do now: Abrams, Georgia and something extraordinary (expert analysis proving 340,134 voters were wrongly purged)
- Deceptive online tactics used in Alabama race…
- LinkedIn cofounder funded Democrats’ "Russia-Inspired" smear campaign against Judge Roy Moore in Alabama — and Facebook allowed it
In addition to the secret books of government, and the genocide in California, and moving the deep state utilities into position to further reengineer the Federal government, we see the Department of Justice apparatus being used to lawlessly try to destroy Julian Assange. Is this because the deep state systems are not yet secure, and somebody has a way in?
Story #9: Trade Wars and the Rise of the Asian Consumer
China is building its consumer markets, financing the Silk Road, and downsizing its Treasury positions. It is also moving fast in the military, space, and tech arenas. This represents direct competition with the U.S. on every front—on-planet and off-planet. In addition, Asia and Europe both have larger consumer markets than the U.S., and they are in cahoots, leaving the U.S. as “odd man out.” However, the Chinese Communist system is doing a poor job of inspiring trust and solving its culture problem—and Chinese leaders appear to know it. Ultimately, culture might be a deciding factor in whether China succeeds or fails at promoting the yuan as an alternative global reserve currency.
- China cuts tariffs on more than 700 goods amid open-trade drive
- Trump Administration may push big changes to H-1B lottery system
- Nearly 160 million people want to move to the U.S.
- Tijuana Mayor calls for arrest of caravan organizers – "It’s a Federal crime" (VIDEO)
- U.S. pledges billions in aid to develop Central America, curb migration
- Surge at U.S. border pushes some evangelicals to help asylum seekers
- Watch Trump’s heated meeting over border security with Democratic leaders
- Pakistan, China, Afghanistan trilateral talks underway in Kabul
- Huawei’s CFO arrested at U.S. request, sparking outrage in China
- Averting world conflict with China
- Panda plays: China lowers auto trade tariffs – the dance continues….
- US will hold off on raising China tariffs to 25% as Trump and Xi agree to a 90-day trade truce
- G20 summit: World leaders reluctantly bow to Trump on trade amid showdown between US and China over tariffs
- The United States-Mexico-Canada Agreement, or USMCA, will replace the current NAFTA agreement that governs trade in North America
- G20 draft communique avoids explicit anti-protectionist pledge
- 2nd Quarter 2018 Wrap Up: The Rise of the Asian Consumer
Story #10: Brexit: The Endless Agony
We are witnessing a messy Brexit process. If Theresa May were to address it as a fait accompli and execute a hard Brexit, it would likely leave her in a position of strength. In fact, a hard Brexit might be the only thing that can save her government at this point, but May does not appear to have the stomach for it. Her inability to make progress is jeopardizing the benefits of Brexit—offering the worst of both worlds. In the end, perhaps the crown will exercise executive power. The Queen wanted Brexit—likely for reasons of culture and also to protect offshore havens and Commonwealth secrecy—and she could be the one to go down in history as having engineered the Brexit.
- Power vacuum points to no-deal Brexit
- Financial Times subscription: What 2018 told us about Brexit
- Theresa May clings on as Prime Minister after winning vote of no confidence
- Watch again: British PM Theresa May delays parliament vote on Brexit
- Theresa May’s Brexit deal in peril as ministers found in contempt of Parliament for first time
- EU, UK approve Brexit divorce deal; now comes the hard part
- Emergency briefing defence and security: David Ellis