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Joe Biden Orders Study for Government Controlled Digital Dollar to Compete with Bitcoin

Written on . Posted in PT Global Economy.

Assessment: In May 2021 China banned financial institutions and payment companies from providing services related to cryptocurrency transactions. On January 4, 2022 China launched its pilot central bank digital yuan. The US is behind and is quietly panicking …

President Joe Biden plans to sign an executive order on Wednesday to study the concept of a “digital dollar” currency to compete with Bitcoin.

“We’re placing the highest urgency on the effort to assess the potential benefits and the risks of a digital dollar on payment systems, on financial stability, on national security, on the implications for human rights, and financial inclusion,” a senior administration official told reporters in a briefing call on Tuesday.

A digital dollar would be easier for the federal government of the United States to control than cash but make it more susceptible to inflation and government controls than open-source currencies like Bitcoin.

Bitcoin is trusted by users for not being susceptible to government control, allowing it to exist without government interference in changing the supply or seizing or freezing assets.
Biden officials stressed that the executive order marked the first time that the United States brought together “a coherent and coordinated view” on digital currencies “at the very highest level of government.”
“The president articulating his views about what our interests and concerns are in this space. In fact, that is notable in and of itself,” one official said.
Biden officials stressed a digital dollar would help the United States compete with other digital currencies.
One official said:
The primacy of the dollar — the U.S. dollar — it’s underpinned by fundamental advantages that the United States has held for a long time and continues to hold: credible and longstanding commitments to transparency, our rule of law, the contractual obligations and rights that everyone enjoys, the deepest and most liquid financial markets in the world, sound economic governance, and the full independence of our Federal Reserve system.
Read More @ Breitbart HERE

U.S. Intelligence Warns of Domestic Threat as Biden Prepares to Sign Iran Nuke Agreement

Written on . Posted in PT World Order.

Assessment:  Biden and his crew desperately need a foreign policy win to get his numbers up with Democrats, and making nice with terrorists is very popular in some leftist circles …

With everyone’s attention on Ukraine, this seems the opportune time to come to an agreement with the mad mullahs in Iran so we can pretend they won’t build nuclear weapons for a while.

Biden and the U.S. negotiators surely have no illusions about Iran at this point. The 2022 Annual Threat Assessment, published on Tuesday by the Office of the Director of National Intelligence (ODNI), made that absolutely crystal clear.

Taiwan says 'staunch friend' Mike Pompeo will visit the island | South China Morning Post

The threats aren’t directed at Biden’s people. The Iranians have the hots for Trump and his people.

“On the mountains of Israel you will fall, you and all your troops and the nations with you. I will give you as food to all kinds of carrion birds and to the wild animals.” Ez. 39;4

 

 

CBS News has obtained two persistent threat assessments submitted to Congress by the State Department in January 2022 which cited a “serious and credible threat” on the lives of former Secretary of State Mike Pompeo and former Trump administration Iran envoy Brian Hook. These non-public assessments show that throughout 2021, and again in 2022, the State Department assessed the need to provide round-the-clock, U.S.-taxpayer funded diplomatic security details to both men.

The Washington Free Beacon had reported on these blood-chilling threats in January. But the Biden administration doesn’t appear to be too worried — at not least, not worried enough to threaten to walk out of the nuclear talks unless Iran stops targeting American diplomats.

Trying to kill other nations’ diplomats directly contravenes international law, several treaties to which Iran is a signatory …

Read More @ PJ Media HERE

Biden just put out an executive order on cryptocurrencies — here’s everything that’s in it

Written on . Posted in PT Global Economy.

  • U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies.
  • The measures focus on six key areas: consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion and responsible innovation.
  • The Biden administration also wants to explore a digital version of the dollar.

U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies.

“They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them” Ez. 7:19

It’s a long-awaited directive that has had the crypto industry on edge, not least due to growing regulatory concern around the world surrounding the nascent digital asset market.

There had been reports of a divide between White House officials and Treasury Secretary Janet Yellen leading to delays in the policy rollout.

The crypto market got wind of the executive order overnight after the Treasury accidentally put out a since-deleted statement calling it “historic” and releasing some of the details ahead of time.

The order was finally signed Wednesday. It calls on federal agencies to take a unified approach to regulation and oversight of digital assets, according to a White House fact sheet.

Read More @ CNBC HERE

Israeli president arrives in Turkey for historic visit

Written on . Posted in PT Middle East.

Assessment: The trip is the first official visit to Turkey by an Israeli leader since 2008 • The two countries will try to “restart” relations, in a “cautious, measured manner,” says Israeli President Isaac Herzog …

Israeli President Isaac Herzog touched down in Turkey on Wednesday, kicking off the first official visit to the country by an Israeli leader since 2008.

“Israel-Turkey relations are important for Israel, important for Turkey and important for the whole region,” Herzog said in a statement released by his office. “Certainly at a time when the international order is being shaken, it is good and proper that stability and partnership be maintained in our region,” he said, adding that he had emphasized this during his visits to Greece and Cyprus in recent weeks.

“We will not agree on everything, and the relationship between Israel and Turkey has certainly known ups and downs and not-so-simple moments in recent years, but we shall try to restart our relations and build them in a measured and cautious manner, and with mutual respect between our states,” he said.

“I will execute judgment on him with plague and bloodshed; I will pour down torrents of rain, hailstones and burning sulfur on him and on his troops and on the many nations with him.” Ez. 38:22 NIV

Herzog and Turkish President Recep Tayyip Erdoğan, who invited the Israeli leader to visit, are expected to discuss various bilateral issues, including Israel-Turkey relations and the potential for expanding collaboration between their states and peoples in various fields, according to Herzog’s office.

The Israeli president’s wife, Michal, is traveling with him.

ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts

Written on . Posted in PT Global Economy.

  • The White House has repeatedly suggested the private sector can boost oil supply amid surging gas prices, but industry groups have countered that the administration has placed hurdles for new drilling.
  • “Not every lease contains oil and natural gas, nor does every non-producing lease represent untapped resource potential,” American Petroleum Institute Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola said during a media call Thursday. “Companies are in the business of finding and producing oil and gas and developing those leases.”
  • “Because of the uncertainty of operating on federal lands, companies must build up a sufficient inventory of permits before rigs can be contracted to ensure the permits stay ahead of the rigs,” Kathleen Sgamma, the president of the Western Energy Alliance, said.

“How then can you comfort me with empty words, Since falsehood remains in your answers?” Job 21:34

The White House has repeatedly suggested the private sector can boost oil supply amid surging gas prices, but industry groups have countered that the administration has placed hurdles for new drilling.

The answer came in response to a question on why the White House had stopped short of pushing for greater domestic fossil fuel production amid rising energy costs. On Monday, nationwide gasoline prices hit an all-time high, topping $4.103 for the first time ever while oil prices — a large factor in determining gas prices — have surged in the wake of Russia’s invasion of Ukraine.

However, the unused drilling leases represent a fraction of the active permits …

Read More @ Daily Caller HERE

Report: Saudis, Emiratis, Refused Biden’s Phone Call on Ukraine Crisis, Oil Supplies

Written on . Posted in PT Middle East.

Assessment: Saudi Arabia and the UAE are the only two oil producers that can pump millions of additional barrels of oil to help calm the turbulent global market …

The White House tried unsuccessfully to arrange calls between President Biden and the leaders of Saudi Arabia and the United Arab Emirates, as the US was attempting to forge international support for Ukraine and tame the surge in oil prices, Middle East and US officials told the Washington Post on Tuesday.

“The sluggard does not plow after the autumn,
So he begs during the harvest and has nothing.” Proverbs 20:4

Globe editorial: Joe Biden's presidency is in big trouble – and that's good news for Donald Trump - The Globe and Mail

The refusal of Saudi Crown Prince Muhammad bin Salman and UAE Crown Prince Muhammad bin Zayed to take Biden’s call happened in recent weeks, when officials in these countries have increasingly criticized US policy in the Persian Gulf. Biden eventually spoke with the 86-year-old King Salman, bin Salman’s father, and their conversation dealt with the long-standing partnership between their two countries. The Emirati Foreign Ministry said that the conversation between Biden and the country’s regent was postponed.

Saudi officials told the Post that relations with the United States had deteriorated under the Biden administration, and they wanted more significant support from their ally for their intervention in the Yemeni civil war, along with help with their civilian nuclear program and dealing with Iran’s nuclear program. Another issue that has come up is the Saudis’ demand to offer immunity from prosecution in the US to the Saudi Crown Prince who faces several open inquiries over his involvement in the killing of Saudi journalist Jamal Khashoggi in 2018.

Their Emiratis share Saudi Arabia’s concerns after the restrained response by Washington to the recent Iranian-backed Houthi missile attack on American targets.

Read More @ JNS HERE

Market Watch: Dow futures climb about 500 points as commodity prices ease amid war in Ukraine

Written on . Posted in PT Global Economy.

Stock futures posted strong gains early Wednesday as investors assessed a surge in commodity prices and high inflation while the war in Ukraine continues.

Futures tied to the Dow Jones Industrial Average rose 510 points, or about 1.6%. S&P 500 futures climbed 1.7% and Nasdaq 100 futures gained 2.1%.

The gains came amid an easing in commodity prices that have spooked the broader market. Energy and agriculture products in particular have catapulted higher amid the fighting in Ukraine, while some metals also have posted major gains.

West Texas Intermediate crude, the U.S. oil benchmark, was last down 2.2% to $120.92, while Brent crude, the international standard, fell 1.7% to $125.78. What futures also were sharply lower, falling 5% to $1,215.50 a bushel, though palladium

Read More @ CNBC HERE

Biden On Historic Gas Prices: ‘I Can’t Do Much Right Now. Russia’s Responsible.’

Written on . Posted in PT World Order.

Assessment: No, Joe Biden is responsible. The oil crisis is a self-inflicted would and if left to metastasize, it will be the end of America as a world power…

Democrat President Joe Biden refused to take any ownership of the historic gas prices that Americans are facing right now when asked about the matter on Tuesday as he then proceeded to deflect blame on Russia.

“They’re gonna go up,” Biden said when asked in Texas about gas prices, which reached record-breaking levels this week.

But there was none like unto Ahab, which did sell himself to work wickedness in the sight of the LORD, whom Jezebel his wife stirred up. 1 Kings 21:25

When asked what he could do about it, he said, “I can’t do much right now. Russia’s responsible.”

Read More @ Daily Wire HERE

Zelensky Ready To ‘Discuss & Find Compromise’ On Crimea, No Longer Insists On NATO Membership

Written on . Posted in PT World Order.

President Zelensky’s 14-hour old ABC News interview (which we detailed hours ago below) is finally getting widespread distribution and is being repackaged as a significant nod to Moscow on what’s been Putin’s core issue he cited as justification for launching the war:

In another apparent nod aimed at placating Moscow, Zelensky said he is open to “compromise” on the status of two breakaway pro-Russian territories that President Vladimir Putin recognized as independent just before unleashing the invasion on February 24.

“I have cooled down regarding this question a long time ago after we understood that …NATO is not prepared to accept Ukraine,” Zelensky said in an interview aired Monday night on ABC News.

“Let him turn away from evil and do good;
Let him seek peace and pursue it.” 1 Peter 3:11

 

“The alliance is afraid of controversial things, and confrontation with Russia,” the president added.

“I’m talking about security guarantees,” Zelensky said, explaining that Ukraine is now open for dialogue on these central Russian security demands in order to stop the war.

Read More @ Zero Hedge HERE