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In Last Bailout, the Fed Outsourced Management to the Banks Being Bailed Out – then Paid them Huge Fees for their Work

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In Last Bailout, the Fed Outsourced Management to the Banks Being Bailed Out – then Paid them Huge Fees for their Work By Pam Martens and Russ Martens: May 21, 2020 ~ Many of the darkest secrets of the Federal Reserve’s bailout of Wall Street banks during the 2007 to 2010 financial crisis are cryptically contained in the  government audit of the Fed’s emergency lending programs  that was released to the public on July 21, 2011. A careful reading shows that some of the very same Wall Street mega banks that were in desperate need of, and receiving, bailout funds from the Fed were given assignments by the Fed to oversee parts of the bailout. Making the situation even more ludicrous, those same firms were paid huge fees by the Fed for their work. There is good reason to believe that the same plan is in the works for the Fed’s latest bailout. The audit by the Government Accountability Office (GAO), the nonpartisan watchdog for Congress, shows that during the last fi...

"Leading Neocon Directs Pentagon Middle East Planning" by Philip Giraldi

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FEATURED STORY Leading Neocon Directs Pentagon Middle East Planning Philip Giraldi May 21, 2020 © Photo: REUTERS/Eduardo Munoz The Global War on Terror or GWOT was declared in the wake of 9/11 by President George W. Bush. It basically committed the United States to work to eliminate all “terrorist” groups worldwide, whether or not the countries being targeted agreed that they were beset by terrorists and whether or not they welcomed U.S. “help.” The GWOT was promoted with brain-dead expressions like “there’s a new sheriff in town” which, after the destruction of large parts of the Middle East and Central Asia, later morphed into the matrix of the God-awful belief that something called “American Exceptionalism” existed. With a national election lurking on the horizon we will no doubt be hearing more about Exceptionalism from various candidates seeking to support the premise that the United States can interfere in every country on the planet becaus...

"Will Trump really start *two* wars instead of 'just' one?" by The Saker

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May 20, 2020 Amidst the worldwide pandemic induced scare most of us have probably lost track of all the other potential dangers which still threaten international peace and stability.  Allow me to list just a few headlines which, I strongly believe, deserve much more attention than what they got so far.  Here we go: Military Times : “ 5 Iran tankers sailing to Venezuela amid US pressure tactics “ Time : “ 5 Iranian Tankers Head to Venezuela Amid Heightened Tensions Between U.S. and Tehran “ FoxNews : “ Iran tankers sailing to Venezuela in effort to undermine US sanctions “ Notice that Military Times speaks of “US pressure tactics”, Time of “tensions” and FoxNews of “efforts to undermined US sanctions”? I don’t think that this is a coincidence.  Folks in the US military are much more in touch with reality than the flag-waving prostitutes which some people call “reporters” or “journalists”. Furthermore, the USA has embarked on a new policy to justify its acts ...

Corbett Report - Bill Gates and the Population Control Grid (part 2)

  Bill Gates and the Population Control Grid The previous installment explored the lapdogs media's  sycophant fascination with the billionaire "philanthropist" and took a critical look at some of Gates' initiatives to "save the world" including using technology to create and track vaccination and health records .... please click the link above to visit the Corbert Report and watch the video. As lead researcher Kevin McHugh explains: “The Bill and Melinda Gates Foundation came to us and said, ‘Hey, we have a real problem—knowing who’s vaccinated [. . .] So our idea was to put the record on the person. This way, later on, people can scan over the area to see what vaccines have been administered and give only the ones still needed.” The microparticles that form the fluorescent quantum-dot tags are delivered along with the vaccine, but they cannot be delivered by a traditional syringe. Instead, they must be delivered by a patch of microneed...