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‘Pro-Crypto’ Peter Thiel Warns Bitcoin “Could Be A Chinese Financial Weapon Against The US”

Written on . Posted in PT Global Economy.

Zero Hedge: In early 2018, controversial conservative billionaire and PayPal cofounder Peter Thiel said “Crypto is libertarian, AI is communist.”

He was specifically talking about decentralization and centralization.

  • Cryptocurrencies are typically open-source, meaning that anyone with technical ability can contribute. On top of that, anyone disgruntled with a given cryptocurrency’s trajectory can “fork” it, creating a new coin (as we have seen in both bitcoin and ethereum). Cryptocurrencies are also famously designed to be extralegal – beyond the reach of the government – although of course the SEC and the IRS hope to quash that notion.
  • Meanwhile, artificial intelligence relies on the trend that came before it, big data, and big data is gathered by big entities. Historically, communist regimes like the Soviet Union and Maoist China sought to create highly centralized command economies, noted Thiel. A sufficiently powerful AI could realize the bureaucrat’s dream of accurately predicting peasant farmers’ potato yields months in advance from thousands of miles away.

No wonder, then, as the billionaire VC said at the time, “the Chinese Communist Party hates crypto and loves AI.”

Peter Thiel criticizes Google and Apple for being too close to China

Now, three years later, the Palantir co-founder and Facebook board member Peter Thiel joined former Secretary of State Mike Pomeo and former National Security Agency advisor Robert C. O’Brien in a virtual roundtable organized by the Richard Nixon Foundation, to discuss Big Tech’s problematic ties with China. Read More

Emperor Joe Declares ‘No Amendment to the Constitution Is Absolute’ in Gun Control Speech

Written on . Posted in PT World Order.

President Joe Biden declared Thursday that “no amendment is absolute” while unveiling a series of executive actions targeting American citizens’ Second Amendment rights.

“”When a strong man, fully armed, guards his own house, his possessions are safe.” Luke 11:21 NIV

“Today, we’re taking steps to confront not just the gun crisis, but what is actually a public health crisis,” Biden announced in a speech at the White House’s Rose Garden, claiming: “Nothing, nothing I am about to recommend in any way impinges on the Second Amendment.”

“No amendment, no amendment to the Constitution is absolute,” the president continued. “You can’t yell ‘fire’ in a crowded movie theater — recall a freedom of speech. From the very beginning, you couldn’t own any weapon you wanted to own. From the very beginning that the Second Amendment existed, certain people weren’t allowed to have weapons.” Read More

“No amendment, no amendment to the Constitution is absolute,” the president continued. “You can’t yell ‘fire’ in a crowded movie theater — recall a freedom of speech. From the very beginning, you couldn’t own any weapon you wanted to own. From the very beginning that the Second Amendment existed, certain people weren’t allowed to have weapons.” Read More

‘Odds are increasing’ for Trump to become U.S. House speaker

Written on . Posted in PT World Order.

WND: Nearly every U.S. president has held political office before their Oval Office tenure.

Many have been members of the Senate, and more than a dozen were governors. A few have held posts such as secretary of the Navy and CIA director. And one even was on the Supreme Court after his presidency.

But now there’s a suggestion that Trump, who never held office before the presidency, in two years could be the next House speaker.

He said Trump could have a “major role in the upcoming 2022 congressional elections, with a potential payoff that would greatly impact the future of President Biden’s term in office.”

He pointed out that a GOP majority in the House following 2022 could elect Trump. Read More

 

US to send $150 million to UNRWA, formally restoring aid to the Palestinians

Written on . Posted in PT Middle East.

Times of Israel: The United States government announced on Wednesday afternoon that it was formally resuming $150 million in economic aid to the United Nations Relief and Works Agency, the UN body tasked with supporting Palestinian refugees, amidst a broader push to restore its aid to the Palestinians.

“Even though Edom has said,
“We have been impoverished,
But we will return and build the desolate places …” Malachi 1:4

“The United States is pleased to announce that, working with Congress, we plan to restart US economic, development and humanitarian assistance for the Palestinian people,” US Secretary of State Antony Blinken said in a statement.

Under the administration of previous US president Donald Trump, Washington largely ended funding for the Palestinian Authority and for UNRWA, which runs a network of educational and medical programs for Palestinian refugees around the Middle East.

In addition to resuming UNRWA funding, the planned aid package includes $75 million in economic and development assistance in the West Bank and Gaza, $10 million for peacebuilding programs through the US Agency for International Development (USAID) and $40 million in security assistance. Read More

JPMorgan’s Dimon Admits “Something Has Gone Terribly Wrong” In America… And China Knows It

Written on . Posted in PT Global Economy.

As his bank tries to offload big blocks of Manhattan real estate, JPMorgan CEO Jamie Dimon proclaimed in his latest annual letter to shareholders, published Wednesday morning, that the economic expansion in the US could run through 2023, which would justify lofty equity valuations which recently pushed the S&P 500 north of 4K.

And the CEO who once called for the US to raise taxes on the rich and adopt more explicitly socialist policies to expand access to higher education, housing and child care, praised the federal government’s response to the economic crisis caused by the COVID pandemic. Consumers who are now flush with savings will help drive an economic boom, Dimon wrote in his 34K-word missive.

Excerpt: “China’s leaders believe America is in decline… The Chinese see an America that is losing ground in technology, infrastructure and education – a nation torn and crippled . . . and a country unable to coordinate government policies (fiscal, monetary, industrial, regulatory) in any coherent way to accomplish national goals.”

“Unfortunately,” Dimon writes, “there is a lot of truth to this.” Read More

Nation of Islam Calls Member Who Assaulted U.S. Capitol ‘Brother With Such Great Potential’

Written on . Posted in PT World Order.

Free Beacon: The Nation of Islam said it is investigating what caused one of its followers to stage a deadly assault against U.S. Capitol police last week, calling the deceased attacker a “brother with such great potential” who could have been a “star in the mission of the resurrection of our people.”

 “If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him.” James 1:5

The group distanced itself from the attack by its supporter Noah Green, saying it “absolutely disavow[s] this act that resulted in the senseless loss of life,” and indicated that it was looking into a number of potential explanations for “what caused this”—including mental illness, depression, Green’s own claims that his food was being poisoned, and that he was under “mind control.”

“I am sure, had [Green] been blessed to come through the crisis that he was going through, he would have been a star in the mission of the resurrection of our people,” said Nation of Islam leader Louis Farrakhan. “We need to know what happened to our brother.” Read More

Over 18 Million Americans Are Still On Government Jobless Benefits, Despite Broad ‘Reopenings’

Written on . Posted in PT Global Economy.

Zero Hedge: After briefly dipping below 700k two weeks ago, the number of Americans filing for first time jobless claims has spiked back to 744k.

“Whatever you do, work at it with all your heart, as working for the Lord, not for human masters,” Colossians 3:23 

This is coming despite reopenings happening broadly across America…

California and New York were the biggest drivers of the deteriorating situation… Read More

Ex-CIA director believes UFOs could exist after pal’s plane ‘paused’

Written on . Posted in PT World Order.

New York Post: Former CIA Director R. James Woolsey said he believes UFOs could exist after his friend’s plane was “paused at 40,000” feet – and hopes humans would be friendly to extraterrestrials if they ever make contact, according to a report.

The former chief spook — who ran the agency from 1993 to 1995 — spoke Friday to the Black Vault’s YouTube channel, where he promoted his new book with co-author Ion Mihai Pacepa, “Operation Dragon: Inside the Kremlin’s Secret War on America.”

“There have been over the years now events of one kind of another, usually involving some kind of aircraft-like airframe,” Woolsey said in the interview.


“I never thought there was anything to all this, it always seemed pretty far out to me,” he continued.

“But there was one case in which a friend of mine was able to have his aircraft stop at 40,000 feet or so and not continue operating as a normal aircraft,” Woolsey continued, adding that the source was someone he “respects.”

“What was going on? I don’t know. Does anybody know?” he said. “There had just been enough things like that that have occurred that I think there will be a lot of examination of what’s going on over the course of several months or years.”

He added: “I’m not as skeptical as I was a few years ago, to put it mildly, but something is going on that is surprising to a series of intelligent aircraft, experienced pilots.”

Syria claims Israel carried out air strike in Damascus area

Written on . Posted in PT Middle East.

Arutz Sheva: Syrian media reported overnight Wednesday that the country’s air defense systems were activated following an Israeli attack in the Damascus area.

“Behold, Damascus will cease from being a city,
And it will be a ruinous heap. Isaiah 17:1

Explosions were reported in the area. The Syrians claimed that their air defense systems fired at the Israeli missiles and shot down most of them.

A Syrian official said four Syrian soldiers were injured in the attack and that damage was caused.

Air strike in Syria (archive)

During the attack, a loud explosion was also heard in the Metula area in northern Israel. The city’s security department informed residents that no missiles had fallen in the city and they can continue with their normal routines. Read More

Quality of life plummets, taxes rocket — and NYC faces doom

Written on . Posted in PT World Order.

New York Post: “No man’s life, liberty or property are safe while the Legislature is in session.”

There is a way that seems right to a man,
But its end is the way of death. 

Proverbs 14:12

That’s how Gideon Tucker put it back in 1866, a New Yorker who knew Albany as a former legislator, secretary of state and judge.

His wisdom, as demonstrated repeatedly over the ages, is timeless.

Yet there is something different, and especially troubling, about this time. The possibility of permanent decline and the ultimate destruction of the New York we know is unmatched in modern memory.

With Republicans reduced to hecklers, Albany Democrats, oblivious or reckless or both, are marching toward the cliff in an Alfred E. Neuman, What, Me Worry? way. The rising chorus of “Stop!” goes unheeded.

Washington is sending train loads of money to blue states to bail out their high tax, high spend habits. As longtime government guru Dick Ravitch writes in a Wall Street Journal op-ed, “Congress has been generous, allocating more than $12 billion to New York state, $6 billion to the city, $6 billion to the Metropolitan Transportation Authority, and $9 billion to the state’s schools.” Read More