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End of Quantitative Easing = More Stimulus?

The Quantitative Easing (QE) reign has come to an end. But there is a problem. Where do we go from here? The Fed has been lacking in transparency (big surprise) in regards to its monetary policy. There have been hints of a coming interest-rate hike, but when? And by how much? While the Fed stated for the first time that it could lift interest rates sooner than the market anticipates if the economy grows faster than the bank expects, it was still quick to hedge that slower growth could push back the timing of the first interest-rate hike. Thanks, Yellen & Co. That’s about as clear as mud. There is only one thing we know for fact to expect from the Fed: Uncertainty. And if there is one thing the market doesn’t like, it’s uncertainty. Uncertainty sense to be the New Normal Ben Bernanke, the previous Fed chair, had clear targets you could gauge — 6% unemployment and 2% inflation. Until we reached, or came close to, those guidelines we knew the Fed wasn’t going to tighten its monetary policy. That’s because the Fed has a dual mandate to promote employment and tame inflation, so those two targets fit right into their realm. The other tall tasks of the world — economy, markets, debt, etc. — rely on our politics, which isn’t saying much. That puts Janet Yellen in a tough spot. While she can’t publicly mention this, she knows rates can’t rise by any meaningful amount because it would cripple our government and slow the economy — two things that aren’t in their mandate, but clearly aren’t good for the market. As we get closer to an inevitable rate rise, and then to dealing with the bloated balance sheet, we’re going to see a significant amount of uncertainty that will keep these markets volatile. Are you awake Yet? Stay in touch and receive more insights with the America’s Great Awakening Newsletter. If you would like to to see a sample newsletter, click the link below. This is free and we encourage you to distribute to your friends and family. VIEW FREE NEWSLETTER If you are ready to sign up to receive our monthly newsletters, click... read more

IRS seizes woman’s entire savings because she deposits less than $10,000 at a time

An Iowa woman named Carole Hinders saw her bank balance go from $33,000 to zero thanks to IRS confiscation. Hinders, who owns a small, cash-only Mexican restaurant, has not been charged with any crime and is not suspected of tax fraud. The IRS says they took her money solely because she deposited too little of it at a time, and the agency claims she did so to avoid the required reporting of any bank transaction over $10,000. She says she just thought it was helpful to save the bank paperwork. Though the $10,000 rule is ostensibly designed to help catch terrorists and drug dealers, it is far more often used on regular citizens who are unlikely to ever see their money returned. “I don’t think [the IRS is] really interested in anything,” said a lawyer representing another seizure case. “They just want the money.” To keep her restaurant afloat following the confiscation of her savings, Hinders has had to take out a second mortgage and max out her credit cards. “How can this happen?” she asks. “Who takes your money before they prove that you’ve done anything wrong with it?” Are you awake Yet? Stay in touch and receive more insights with the America’s Great Awakening Newsletter. If you would like to to see a sample newsletter, click the link below. This is free and we encourage you to distribute to your friends and family. VIEW FREE NEWSLETTER If you are ready to sign up to receive our monthly newsletters, click... read more

NSA Spys On You With Supercomputer At Utah Data Center

THE NSA HAS BECOME THE LARGEST, MOST COVERT, AND POTENTIALLY MOST INTRUSIVE INTELLIGENCE AGENCY EVER. Watch the video below. The blandly named Utah Data Center was built for the National Security Agency. A project of immense secrecy, it is a complex puzzle assembled over the past decade. Its purpose: to intercept, decipher, analyze, and store vast swaths of the world’s communications as they zap down from satellites and zip through the underground and undersea cables of international, foreign, and domestic networks. The heavily fortified $2 billion center is up and running now. Flowing through its servers and routers and stored in near-bottomless databases will be all forms of communication, including the complete contents of private emails, cell phone calls, and Google searches, as well as all sorts of personal data trails—parking receipts, travel itineraries, bookstore purchases, and other digital “pocket litter.” It is, in some measure, the realization of the “total information awareness” program created during the first term of the Bush administration—an effort that was killed by Congress in 2003 after it caused an outcry over its potential for invading Americans’ privacy. But “this is more than just a data center. The mammoth Bluffdale center will have another important and far more secret role that until now has gone unrevealed. It is also critical, he says, for breaking codes. And code-breaking is crucial, because much of the data that the center will handle—financial information, stock transactions, business deals, foreign military and diplomatic secrets, legal documents, confidential personal communications—will be heavily encrypted. According to another top official also involved with the program, the NSA made an enormous breakthrough several years ago in its ability to cryptanalyze, or break, unfathomably complex encryption systems employed by not only governments around the world but also many average computer users in the US. The upshot, according to this official: “Everybody’s a target; everybody with communication is a target.” You are guilty untill proven innocent! For the NSA, overflowing with tens of billions of dollars in post-9/11 budget awards, the cryptanalysis breakthrough came at a time of explosive growth, in size as well as in power. Established as an arm of the Department of Defense following Pearl Harbor, with the primary purpose of preventing another surprise assault, the NSA suffered a series of humiliations in the post-Cold War years. Caught offguard by an escalating series of terrorist attacks—the first World Trade Center bombing, the blowing up of US embassies in East Africa, the attack... read more

One of our elected officials: ‘You Don’t Have a Right to Know’ What’s Going on in Your Government

Remember when the Obama Administration was meant to serve as the model for how a transparent government is supposed to operate? That promise of “hope’n’change” has produced the most secretive government administrations in the history of this nation. To add insult to injury, the Democrats have continually fought to defend the president’s violations, abuses and secrecy with specific intent not seen in government since the days of King Louis XVI. On Friday, Eleanor Holmes Norton, the non-voting congressional representative for the District of Columbia, defended the Obama Administration angrily as she declared that Americans have no right to know what goes on in their government. “You don’t have a right to know everything in a separation-of-powers government, my friend. That is the difference between a parliamentary government and a separation-of-powers government,” Norton claimed during a House Oversight and Government Reform Committee hearing. Allow me to make this clear: A Democrat representative told the House Oversight Committee that they have no right to scrutinize government. The committee, as the name would suggest, is responsible for overseeing the federal government as a check against abuses of power. What Norton seems to have confused is that it is the very principle of scrutiny that defines a government that is equipped with a separation of powers. Each branch of government checks the power of the other branches of government. It’s amazing that America possesses even one citizen who would believe such an obvious falsehood; it’s even more outrageous that America has a representative in Congress who believes this. Are you awake Yet? Stay in touch and receive more insights with the America’s Great Awakening Newsletter. If you would like to to see a sample newsletter, click the link below. This is free and we encourage you to distribute to your friends and family. VIEW FREE NEWSLETTER If you are ready to sign up to receive our monthly newsletters, click... read more

‘Frustrated Parent’ With Engineering Degree Lashes Out Against Common Core

There has been a lot of controversy surrounding the Common Core Standards, and one parent’s rant quickly made the Internet rounds after he expressed frustration over his child’s math assignments. Earlier this year, Jeff Severt’s son was given a math problem to solve using a number line and strategies, which is the new Common Core approach used in schools. The assignment instructs kids to help a boy named Jack subtract 316 from 427. The answer of 111 can be found in seconds using the old fashioned math, but the new way was difficult for the father to figure out. Can you figure it out? Are you awake Yet? Stay in touch and receive more insights with the America’s Great Awakening Newsletter. If you would like to to see a sample newsletter, click the link below. This is free and we encourage you to distribute to your friends and family. VIEW FREE NEWSLETTER If you are ready to sign up to receive our monthly newsletters, click... read more
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