NC Renegades

The Syrian crisis and the confluence of clashing interests there was entirely predictable. In fact, I wrote an article on my former website in 2010 outlining the potential for Syria as a high value catalyst for global conflict titled “Will Globalists Trigger Yet Another World War?”

In it, I summarized the dubious history of wars initiated over the past century, including the nature of false flags and false paradigms created by globalists designed to divide nations and peoples and turn them against each other. This strategy of engineered war (along with engineered economic collapse) has been used time and time again by the elites to artificially generate chaos and then consolidate and centralize power while the masses are blinded by confusion.

Even back then, the problem with Syria seemed obvious:

“…We have a nuclear armed Israel itching to attack Iran. We have Iran engaged in a defense pact with Syria against Israel. We have Syria with Russian navy bases and weapons on its soil, and we have the U.S. rampaging through the Middle East encroaching on the borders of Pakistan and Yemen, essentially pissing off everyone. What we have is a Globalist made recipe for disaster, using the same ingredients they have used for the last several major wars…”

Only a year after I published the piece the civil uprising in Syria began, starting with the “Daraa protest movement”, aided by covert intelligence agencies including the CIA.

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Russian Warships Launch Missile Attack On Syrian Targets, Clearing Way For Iran Ground Invasion

In case it wasn’t clear enough what was set to happen soon after the Russian air force had spent a few days softening up anti-regime positions on the ground, allow us to spell it out: with the opposition on the run thanks to five days of aerial bombardment, Iran will now send in the Hezbollah/Shiite militia/Quds clean up crew, who will personally ensure that whoever is left in the wake of the Su-34 strikes is swiftly eliminated at close range.

You see, this is how you conduct an actual war and you needn’t be a West Point graduate to understand it. Russia has essentially debilitated Assad’s opposition from the air and now, Iran will (both figuratively and literally in all likelihood), simply walk up and execute anyone who’s left and that, as they say, will be that. Of course Damascus will get to claim that the SAA emerged victorious with the help of Russian air support, but in reality, there is no SAA. Just as we said weeks ago, the ground campaign is being orchestrated from Damascus by Quds commander Qasem Soleimani. Here’s Reuters:

The Russian government says its Syria deployment came as the result of a formal request from Assad, who himself laid out the problems facing the Syrian military in stark terms in July, saying it faced a manpower problem.

Khamenei also sent a senior envoy to Moscow to meet President Vladimir Putin, another senior regional official said. “Putin told him ‘Okay we will intervene. Send Qassem Soleimani’. 

“Soleimani is almost resident in Damascus, or let’s say he goes there a lot and you can find him between meetings with President Assad and visits to the theater of operations like any other soldier,” said one of the senior regional officials.

What’s going on here really couldn’t be much clearer. Iran is simply taking over Syria with the help of the Russian military juggernaut and as we’ve documented exhaustively, Putin gets to spin the entire Mid-East power grab as a “war on terror.” Here’s AP (reporting from Beirut by the way, so just Google “Hezbollah, Iran, Lebanon,” and draw your own conclusions about who’s feeding them these headlines):

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Any liability at the bank is in danger of being written-down should the bank fail. And guess what? Deposits are considered liabilities according to US Banking Law. In this legal framework, depositors are creditors.

So… if a large bank fails in the US, your deposits at this bank would either be “written-down” (read: disappear) or converted into equity or stock shares in the company. And once they are converted to equity you are a shareholder not a depositor… so you are no longer insured by the FDIC.

So if the bank then fails (meaning its shares fall)… so does your deposit.

Let’s run through this.

Let’s say ABC bank fails in the US. ABC bank is too big for the FDIC to make hold. So…

1)   The FDIC takes over the bank.

2)   The bank’s managers are forced out.

3)   The bank’s debts and liabilities are converted into equity or the bank’s stock. And yes, your deposits are considered a “liability” for the bank.

4)   Whatever happens to the bank’s stock, affects your wealth. If the bank’s stock falls at this point because everyone has figured out the bank is in major trouble… your wealth falls too.

This is precisely what has happened in Spain during the 2012 banking crisis over there. Since then it’s also happened in Cyprus, Greece…and it is now perfectly legal in the US courtesy of a clause in the Dodd-Frank bill.

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The FBI has seized four State Department computer servers as part of its probe into how classified information was compromised on former Secretary of State Hillary Clinton’s private email system, according to people familiar with the investigation.

The four servers, which were located at the State Department’s headquarters building, were seized by the FBI several weeks ago. They are being checked by technical forensic analysts charged with determining how Top Secret material was sent to Clinton’s private email by State Department aides during her tenure as secretary from 2009 to 2013, said two people familiar with the probe. The people spoke on condition of anonymity because it is an ongoing investigation.

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In what sane world would this egomaniac be running for pResident of the United States? The real question is why is she not under arrest?

David DeGerolamo

The credit markets have been showing signs of contagion, as Chinese growth concerns and slumping commodity prices lead to widespread selling.

That has Deutsche Bank wondering if there is likely to be a wave of companies failing to pay interest on their bonds.

It said in a note Friday: “With the recent back-up in both IG [investment grade] and HY [high-yield] spreads to their respective 3.5-year wides, a discussion has emerged about whether the market is sensing the next default cycle around the corner or is simply “overreacting” to some exogenous but ultimately irrelevant events. At 570bp ex-energy spreads, the market is well ahead of what would normally be considered sufficient compensation for defaults that are still tracking sub-2% in this segment of our markets.”

Strategists Oleg Melentyev and Daniel Sorid looked at six leading indicators to judge whether the credit market has over-reacted, and found that two are flashing red – meaning they are “at levels consistent with where previous credit cycles have started.”

The two signals flashing red are volatility shocks, and spreads on the highest rated corporate bonds. As the chart at the bottom of this page shows, the Vix and spreads on AA-rated corporate bonds are moving in a similar fashion to the late 90s and the years leading up to the financial crisis.

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Gov. Pat McCrory of North Carolina vetoed his legislature’s attempt last summer to protect magistrates who declined to perform homosexual “marriages” after a federal court overturned a voter-approved measure affirming that marriage is the union between one man and one woman.

Some, if not most, Christians were shocked that a Republican governor would reject religious protection that’s becoming increasingly necessary. Fortunately, the Republican-controlled legislature had the votes to overturn his veto.

Gov. McCrory didn’t stand by Christians on the marriage issue, but it looks like he’s standing by pro-lifers and the unborn. Last week, he signed a bill into law that bans the sale of aborted-baby body parts. The law also bars state agencies from entering into contracts for pregnancy prevention services with groups that kill babies. From Live Action News:

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The real question is why would a moral people need to even contemplate such a law. As conservative talking heads predicted, Congress did nothing and the shock of butchering babies for money continues. Does anyone see a future for such a country?

David DeGerolamo

FREEMANSPERSPECTIVE

Social media and smart phones don’t have to be evil – there’s nothing bad about talking to your friends, after all – but right now social media and “Big Brother in your pocket” phones are very clearly servicing evil. It wouldn’t be hard to build non-evil alternatives, but for the moment, the evil versions enjoy a monopoly. (At least with search engines, there are non-evil alternatives.)

However we choose to look at it, Big Brother is on the greatest roll in all of history. No Pharaoh, no Caesar, no commissar ever had anything approaching the surveillance and manipulation capacities of modern rulers. And in support of it all stand Jane and Joe Average, ever-compliant, who simply don’t want to know. Give them the slightest excuse to close their eyes, and they will.

This kind of thing doesn’t often end well.

Two Recent Outrages

Not that many people will actually be outraged, of course; there won’t be a great deal of that so long as ignorance remains possible. Joe and Jane have already forgotten about Snowden, after all. Still, I will continue to do my part.

One of the hundreds of US government offices, the National Institutes of Health (NIH), recently announced that they developed a system to predict the psychological status of smartphone users. They’re in the process of farming this out to businesses now.

This system tracks your location, tracks your psychological state, and when necessary, will “deliver an automated intervention.” In the NIH’s typical gov-speak, it sounds like this:

Continuously collected ambulatory psychological data are fused with data on location and responses to questions. The mobile data are combined with geospatial risk maps to quantify exposure to risk and predict a future psychological state. The future predictions are used to warn the user when he or she is at especially high risk of experiencing a negative event that might lead to an unwanted outcome…

This is all couched as “help for drug addicts,” of course. (Is “do it for the children” already out of the rotation?) No thinking person, of course, believes that this system will be used only “for good” and by beneficent angelic beings. And if not, then how shall it be used?

The second recent outrage was a long list of manipulations that were cataloged by The Washington Post. They make it very clear that the US government is actively manipulating its populace. Their list is only a small fraction of the whole, of course, but I was grateful to see it.

And from the Glorious United Nations…

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The worst stock market crashes in U.S. history have come during the month of October.  There is just something about this time of the year that seems to be conducive to financial panic.  For example, on October 28th, 1929 the biggest stock market crash in U.S. history up until that time helped usher in the Great Depression of the 1930s.  And the largest percentage crash in the history of the Dow Jones Industrial Average by a very wide margin happened on October 19th, 1987.  Overall, 9 of the 16 largest single day percentage crashes that we have ever seen happened during the month of October.  Of course that does not mean that something will happen this October, but after what we just witnessed in September we should all be on alert.

Clearly, there is a tremendous amount of momentum toward the downside right now.  As you can see from the chart below, all of the gains for the Dow since the end of the 2013 calendar year have already been wiped out…

And as I wrote about just the other day, last quarter we witnessed the loss of 11 trillion dollars in “paper wealth” on stock markets all over the planet.  The following comes from Justin Spittler…

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h/t WRSA

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