Quantitative Easing Help Banks Create…

new-world-order

…Money Out of Debt!

A Commentary On The Collapse That Is Here Now by Mitch Santell

Hi, how are you? Me? I am phenomenal because I don’t own the city hall, I just work here.

You may or may not follow this blog, and guess what? We are in the most massive global collapse since the Great Depression.

If you don’t believe me, you need to know about something called Quantitative Easing.

Barrack Obama introduced Quantitative Easing.
President Obama did not invent Quantitative Easing; he brought it into our economic structure based on the Banking Collapse of 2008.

Quantitative Easing is where the Federal Reserve (our central bank, which is neither Federal nor a Reserve creates money out of debt to keep our markets liquid).

Now that I realize that over two-thirds of high school students in America are illiterate, I realize that you are going to have to take care of yourself and your family first. There is no reason to argue with anyone anymore.

Now the time has come to enjoy the bigger picture. Not only was 75 Billion Dollars+ pumped into the market daily over the past few months, over the next two-plus weeks, the Federal Reserve is also going to pump 500 Billion into the Banking System. 

How long do you think this can continue?

In previewing today’s Fed statement regarding repurchase operations, on Tuesday Curvature Securities repo expert Scott Skyrm said that he expects the Fed to announce a $50 billion (at least) term operation for Monday December 23 (double the current term ops) and a $50 billion (at least) term operation for Monday, December 30. This prediction was in response to Zoltan Pozsar’s warning that reserve levels are too low and the result would be a market crash that could spark QE4.

Well, moments ago the NY Fed did publish it latest weekly “Statement Regarding Repurchase Operations” as expected laying out the Fed’s expected repo operations for the period December 13 – January 14… and it blew Skyrm’s expectations out of the water

According to the statement, the NY Fed will continue to offer two-week term repo operations twice per week, four of which span year end. In addition, the Desk will also offer another longer-maturity term repo operation that spans year end. The amount offered in this operation will be at least $50 billion, just as Skyrm expected.

But there was more. Much more.

Read more here: http://bit.ly/36DIxnA

cognitive dissonance record vinyl yes black and white

 

 

 

 

Southern California Public School Chaos

Shared on Facebook by a teacher in California who sees firsthand the destruction of America.

“Nine hundred teachers just got laid off from the Los Angeles Unified School District. They are $650,000 over their annual budget. The following comments by an English teacher help to explain one area that looms large over California’s educational crisis. I hope each person receiving this mail will read it carefully, all the way to the end.

It is sad what is happening to our great country, all because our politicians are afraid they will miss out on a vote. What a travesty!

This English teacher has phrased it the best I’ve seen yet and it should make everyone think, be you Democrat, Republican or Independent.

More here: https://bit.ly/2RYDwhS

hollywood-high-school-crime

From a California school teacher…

As you listen to the news about the student protests over illegal immigration, there are some things that you should be aware of: I am in charge of the English-as-a-second-language department at a large southern California high school which is designated a Title-1 school, meaning that its students average in the lower socio-economic and income levels.


Here is a list of Title 1 Schools In California:

Title-I-School-List


Most of the schools you are hearing about are Compton, South Gate High, Bell Gardens, Huntington Park, etc., where their students are protesting – these are also Title-1 schools.

Title-1 schools are on the free-breakfast and free-lunch program. When I say free breakfast, I’m not talking about a glass of milk and a roll. But a full breakfast and cereal bar with fruits and juices that would make the Marriott proud.

The waste of this food is monumental, with trays and trays of it being dumped in the trash uneaten. (Our tax dollars at work!)

I estimate that well over 50% of these students are obese or at least moderately overweight. About 75% or more have cell phones.

The school also provides day care centers for the unwed teenage pregnant girls (some as young as 13) so they can attend class without the inconvenience of having to arrange for babysitters or having family watch their kids (More of our tax dollars at work!)

I was ordered to spend $700,000 on my department, or risk losing funding for the upcoming year even though there was little need for anything.

My budget was already substantial, but I ended up buying new computers for the Computer Learning Center, half of which, one month later, were carved with graffiti by the appreciative students who obviously feel humbled and grateful to have a free education in America. (More and more of our tax dollars at work!)

I have had to intervene several times for young substitute teachers whose classes consist of many illegal immigrant students here in the country less than 3 months, who raised so much hell with the female teachers, calling them putas (whores) and throwing things, that the teachers were in tears.

Free medical care, free education, free food, free day care, etc., etc., etc. Is it any wonder they feel entitled not only to be in this country, but also to demand rights, privileges and entitlements?

To those who want to point out how much these illegal immigrants contribute to our society, because they happen to like their gardener and/or housekeeper, and they like to pay less for tomatoes, I say:

Spend some time in the real world of illegal immigration and see the true costs. Higher insurance, medical facilities closing, higher medical costs, more crime, lower standards of education in our schools, overcrowding, new diseases, etc., etc., etc. For me, I’ll pay more for tomatoes.

Americans, we need to wake up. The guest worker program will be a disaster because we won’t have the guts to enforce it. Does anyone in their right mind really think they will voluntarily leave and return?

It does, however, have everything to do with culture: A third-world culture that does not value education, that accepts children getting pregnant and dropping out of school by age 15, and that refuses to assimilate, plus an American culture that has become so weak and worried about “political correctness”, that we don’t have the will to do what is needed.

If this makes your blood boil, as it did mine, forward this to everyone you know including your Congressman and Senators.

Cheap labor? Isn’t that what the whole immigration issue is about? Business doesn’t want to pay a decent wage. Consumers don’t want expensive produce. Government will tell you “Americans don’t want the jobs”.

But the bottom line is cheap labor. The phrase “cheap labor” is a myth, a farce, and a lie. There is no such thing as “cheap labor”.

Take, for example, an illegal alien with a wife and five children. He takes a job for $5.00 or $6.00/hour. At that wage, with six dependents, he pays no income tax, yet at the end of the year, if he files an income tax return, he gets an “earned income credit” of up to $3,200 free.

Also…

1- He qualifies for Section-8 housing and subsidized rent;

2- He qualifies for food stamps;

3- He qualifies for free (no deductible, no co-pay) health care;

4- His children get free breakfasts and lunches at school;

5- He requires bilingual teachers and books;

6- He qualifies for relief from high energy bills;

7- If they are, or become aged, blind or disabled, they qualify for SSI;

8- Once qualified for SSI they can qualify for Medicare (All of this at taxpayer’s {our} expense);

9- He doesn’t worry about car insurance, life insurance, or homeowner’s insurance;

10- Taxpayers provide Spanish language signs, bulletins and printed material;

11- He and his family receive the equivalent of $20.00 to $30.00/hour in benefits;

12- Working Americans are lucky to have $5.00 or $6.00/hour left after paying their bills and his;

13- The American taxpayers also pays for increased crime, graffiti and trash clean-up.

14- Free Child Care (i.e., free babysitting from 6 AM – 6 PM

15- Free ‘mommy makeovers’ after having their children ( includes: tummy tuck and breast lift)

Cheap labor? Yeah right! Wake up people!

These are the questions we should be addressing to the Presidential candidates for either party. We must take action or we will all go down the drain because a few don’t care.

And if you think this is bad, just wait until a Democrat becomes President and the redistribution of wealth becomes the norm in this ex-Democracy. The estimated annual cost now, for state, local and federal, is nearly $400 billion dollars a year.

More here:https://bit.ly/2RYDwhS


Now check out a book that is a game changer and a must read:

(The link below takes you to the PDF that you can download directly).

The Deliberate Dumbing Down of America

High school classroom 1960's
Elementary School, America 1965