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Americans Panic Over Soaring Inflation, Buying Conditions Hit The Worst On Record

Written on . Posted in PT Global Economy.

Assessment: While America panics, the 1% are enriched by continuous money printing …

Zero Hedge: One month ago, when looking at the internals of the UMich report, we noted that there was “A Sudden Negative Change In The Economy” as consumer spending intentions collapsed. One month later, it has only gotten worse.

While overall consumer sentiment staged a modest rebound from last month’s dismal plunge…

“and do not harm the oil and the wine.” Rev 6:6

… the internals went from bad to worse, and as survey director Richard Curtin explained, “buying attitudes for household durables fell again in early September to a low reached only once before” – during the galloping inflation of 1980 when Volcker hikes rates to 20% while – “long term economic prospects fell to a decade so low.” It wasn’t just durables: as shown in the chart below, sentiment for buying conditions of vehicles and homes was similarly the worst in over 40 years.

As a result, “the decline in assessments of buying conditions for homes, vehicles, and household durables left all three near all-time record lows” with the declines due to spontaneous references to, what else, high prices. Read More 

U.S. Killed 10 Civilians, Including 7 Children, In Failed Strike On Alleged ISIS Target, Pentagon Confirms

Written on . Posted in PT World Order.

Assessment: General Miley called it a ‘righteous strike’ – condolences but no resignations

Daily Wire: The U.S. military mistakenly killed an Afghan aid worker and nine members of his family, including seven children, during an August 29 drone strike on a purported ISIS-K terrorist.

The Pentagon announced on Thursday that the U.S. killed 10 civilians while carrying out a strike on a target that U.S. intelligence officials believed to be an ISIS-K target. The strike was in retaliation for an earlier terror attack that killed 13 U.S. service members as well as dozens of Afghan civilians.

“He sits in the lurking places of the villages;
In the secret places he murders the innocent;
His eyes are secretly fixed on the helpless.” Psalm 10:8

Gen. Kenneth F. McKenzie, commander of United States Central Command, acknowledged the “tragic mistake” on Thursday but said that the U.S. strike team had “reasonable certainty” that the target represented an “imminent threat” to U.S. forces.

“Our investigation now concludes that our strike was a tragic mistake,” McKenzie said.

Top US Gen. Frank McKenzie continues to see 'heightened risk' from Iran - ABC News

McKenzie did not say whether anyone would be held accountable for the mistake, saying that the military’s investigation into the strike was still ongoing. Read More

Millions in federal money flowed to tissue bank that collected fetal ‘heart, gonads, legs, brain’

Written on . Posted in PT World Order.

Assessment: China has been condemned for harvesting organs for profit. The U.S. Food and Drug Administration was purchasing babies’ heads and other body parts for its “humanized mice” project. Caution, read more here

Fox News: The Department of Health and Human Services (HHS) has funneled at least $2.7 million into a University of Pittsburgh (Pitt) project that utilizes a tissue bank with organs from aborted fetuses, according to a release from Judicial Watch Tuesday.

The conservative nonprofit obtained hundreds of pages of public records requests, which detail Pitt’s interest in harvesting fetal organs for a project known as the GenitoUrinary Development Molecular Anatomy Project, or GUDMAP. More money was requested by the university but it’s unclear exactly how much it received.

“Then the Lord saw that the wickedness of man was great in the earth, and that every intent[b] of the thoughts of his heart was only evil continually. Genesis 6:5

Pitt’s application specified that it sought to “develop a pipeline to the acquisition, quality control and distribution of human genitourinary [urinary and genital organs and functions] samples obtained throughout development (6-42 weeks gestation).” According to NIH, 40 weeks is considered full term and while after 42 weeks is considered “post-term” or “overdue.” Read More

WATCH: Ted Cruz Releases Close Up Video Footage Of 10,000+ ‘Illegal Aliens’ Under Overpass

Written on . Posted in PT World Order.

Assessment: “A nation that cannot control its borders is not a nation” Ronald Reagan

Daily Wire: Sen. Ted Cruz (R-TX) released video that he recorded in Del Rio, Texas, of the national security and humanitarian disaster that has unfolded on Democrat President Joe Biden’s watch.

The video showed thousands upon thousands of illegal aliens who were being held by the Biden administration under an overpass.

 “And because lawlessness will abound, the love of many will grow cold.” Matthew 24:12

Cruz said that more than 10,000 were being held.

“The reason they’re here is simple,” Cruz says in the video. “Eight days ago, the Biden administration made a political decision, a political decision to cancel deportation flights to Haiti. They did that on September 8th. Eight days later these numbers appear.”

Read More

4 arrested in plot to attack German synagogue on Yom Kippur

Written on . Posted in PT World Order.

Assessment: Aug 4, 2021 — Germany allocated $41.5 million to fight growing antisemitism amid alarming rise in incidents

Arutz Sheva: Four people were arrested in Germany on suspicion of planning an attack on a synagogue in the city of Hagen on Yom Kippur.

One of the detainees is a 16-year-old Syrian boy. Police have described the plot as “Islamist.”

““Then they will deliver you up to tribulation and kill you, and you will be hated by all nations for My name’s sake.” Matthew 24:9

The Yom Kippur evening services were cancelled at the synagogue Wednesday night as police cordoned off the building.

Armin Laschet, Minister-President of the North Rhine-Westphalia region, stated that “it appears that prior to today on Yom Kippur, an Islamist motivated attack was averted.”

Laschet added: “We will do everything we can to clarify which networks may have been behind.” Read More

You’ll Be Shocked to Learn There’s Corruption at the Fed

Written on . Posted in PT Global Economy.

Assessment: Fed policy can be—and these days, usually is—instrumental in pushing up stock prices and real estate prices through monetary inflation.

Mises Wire: Fed Chaiman Jerome Powell has decided the Fed ought to “review” its ethics policies after it was revealed that high-ranking personnel at the Fed were actively trading stocks even as the Fed was busy pulling the levers on monetary policy.

“He who is greedy for gain troubles his own house,
But he who hates bribes will live.” Proverbs 15:27

Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s ethics rules for appropriate financial activities after disclosures that several senior central bank officials made multiple multimillion-dollar stock trades in 2020, while others held significant investments. …

Last week, financial disclosures filed by the Fed’s 12 regional presidents revealed some had actively traded in 2020, while others held million-dollar financial positions without making changes to their portfolios.

Specifically, Dallas Fed President Robert Kaplan made numerous trades worth $1 million or more last year. Read More

Hezbollah Terrorists Defy U.S. and Deliver Iranian Fuel to Cheers in Lebanon

Written on . Posted in PT Middle East.

Assessment: Biden weakens USA: Hezbollah celebrates flaunting Iran oil sanctions

Breitbart: Iran-backed terrorist group Hezbollah, which is also the most powerful political party in Lebanon, brought its first promised shipment of Iranian fuel into Lebanon on Thursday, transporting it by truck from a port in Syria. The move was applauded by Hezbollah supporters but could trigger U.S. sanctions against the already fragile Lebanese economy.

” … And no survivor shall remain of the house of Esau,”
For the Lord has spoken.” Obadiah 1:18

Reuters described a celebratory scene in the village of al-Ain, where onlookers waved Hezbollah flags and raised a banner that said “Thank You Iran, Thank You Assad’s Syria.” People tossed flower petals and rice at the Hezbollah trucks, and celebratory gunfire was reported, including at least one celebratory rocket-powered grenade. Read More

 

Biden Administration: Send Less than Half the Lifesaving Antibody Treatment Needed to Florida

Written on . Posted in PT World Order.

Assessment: The dawn of Covid death panels …

Breitbart: The Biden administration this week slashed the doses of lifesaving coronavirus antibody treatment to Florida, giving the state less than half of what is needed for a routine week, prioritizing “equitable distribution” — a move some suspect is a form of revenge against Republican governors whom the president vowed to get “out of the way.”

“When the righteous increase, the people rejoice,
But when a wicked man rules, people groan” Proverbs 29:12

The Biden administration this week began to cut the distribution of monoclonal antibodies to red states, such as Florida and Alabama, contending those states, including Texas, Mississippi, Tennessee, Georgia, and Louisiana, are comprising too big a share of the supply in recent weeks — 70 percent.

“HHS will determine the amount of product each state and territory receives on a weekly basis,” a spokesman for the U.S. Department of Health and Human Services (HHS) said.

“State and territorial health departments will subsequently identify sites that will receive product and how much,” the official continued, claiming the system will “help maintain equitable distribution, both geographically and temporally, across the country, providing states and territories with consistent, fairly distributed supply over the coming weeks.”

Already, this has had a negative impact on states such as Florida Read More