With the Asian hegemons undoubtedly able to introduce gold standards, where does that leave the dollar?
This article describes just how precarious the fiat dollar’s position has become.
For now, the dollar appears to be buoyed up by rising bond yields. However, as they rise further portfolio losses for foreign investors are likely to increase, leading to dollar liquidation. It is not generally realised how many dollars and dollar securities are owned by foreigners, the bulk of them being held outside the US banking system. And the quantity of foreign currency owned by Americans to absorb this selling is very small in comparison.
Higher interest rates and bond yields also threaten to destabilise the banking system, a problem equally faced by the Eurozone, the UK, and Japan. But how can the US Government protect itself from this danger?
The only answer is to admit to the end of the fiat era and put the dollar back onto a gold standard. However, the US Government does not have the mandate to take the required actions and officially at least is still in denial over the need to stabilise the currency. The legal position referring to the constitution is briefly touched upon, because laws will have to be considered to secure the dollar’s future.
Unfortunately, the US Treasury’s gold holdings are almost certainly compromised. Furthermore, since the Asian hegemons have accumulated substantial holdings of bullion in addition to their official reserves, there is bound to be a strong reluctance to hand economic power to Russia and China by endorsing a return to gold standards.
The U.S. House of Representatives on Tuesday passed an amendment that would prohibit funding for transgenic edible vaccines — vaccines grown in genetically engineered plants for consumption by humans or animals.
The amendment, introduced by Rep. Thomas Massie (R-Ky.) to the agricultural appropriations bill H.R. 4368, would bar the U.S. Department of Agriculture (USDA) and the U.S. Food and Drug Administration (FDA) from funding the vaccines for fiscal year 2024.
A vote on the full bill in the House is still pending as of this writing.
In an interview with The Defender, Massie said he introduced the amendment after learning about a recent project in California, funded by a $500,000 grant from the National Science Foundation, that involves growing lettuce and trying to get the lettuce to produce mRNA vaccines that are intended to be consumed by humans who eat the lettuces.
Massie said he is concerned
“that plants cross-pollinate and pollen from these modified plants, food-producing plants, could carry in the wind to other fields and contaminate them. And we could really contaminate a lot of our food supply with unknown doses of vaccines that would deliver unknown dosages.”
“Plants release pollen and it can go anywhere with the wind or with insects, and I just think it’s a bad idea,” he added.
With all the bru-ha-ha about the U.S. conducting its first nationwide Emergency Alert System (EAS) test on October 4, it is eerily unsettling that Russia has just announced its first nationwide CIVILIAN nuclear attack exercise one day earlier, on Oct. 3.
This first nationwide nuclear attack exercise across 11 time zones is openly stated by Russia to be "in preparation for potential nuclear war."
It is scheduled to take place on October 3 and will see Vladimir Putin’s regime present the West as a nuclear aggressor.
The one-day nuclear attack exercise, which has only ever been done region by region, will include preparation for the destruction of up to 70% of Russian housing stock and life support facilities.
The US Army studied armored warfare based on Patton's "advances" against virtually non-existent Wehrmacht's armor in Lorraine, and from the fairy tales by Manstein and Guderian, who had to confabulate in order to explain how, in the end, they got beaten by Katukov and Rotmistrov tank armies. The turkey shoot in the Gulf added very little, in fact--detracted, from the combined arms, and all attempts by honorable David Glantz and Jonathan House to change the perspective on the Red Army and WW II made a huge splash, but still failed. This was inevitable, when one operated on correlates of war, this ever valuable war statistics, lifted directly from Nazi sources. GIGO--Garbage In, Garbage Out.
Now, as RT notices, they want to train based on... drum roll--"lessons from Ukraine".
In 38 of 40 cases brought against lecturers, students, student unions and societies in the five years to 2022, no evidence was found to support the accusations of antisemitism. Hearings in the other two cases have yet to conclude.
Hidden in the raw figures is the enormous toll such false allegations take on the accused: personal suffering and reputational and career damage, as well as the additional chilling effect on academic freedom in the wider university community.
That is unlikely to be an unfortunate side product of these allegations. It seems to be precisely their point.
Brismes, a group representing British academics studying the Middle East, published the survey findings in a report this month that suggests wrongful or malicious claims of antisemitism are likely to increase in number.
The spate of allegations was unleashed after universities began adopting a revised, and highly controversial, definition of antisemitism issued by the International Holocaust Remembrance Alliance (IHRA) in 2016.
Three-quarters of universities have now rubber-stamped the definition after Gavin Williamson, as education secretary, threatened in 2020 to cut the funding of any that refused to do so.
A recent article in the Telegraph newspaper in Britain was headlined, “A war-winning missile will knock China out of Taiwan – fast”. Written by David Axe, who contributes regularly to the outlet, he detailed a war game last year that was organised by the US think-tank, the Centre for Strategic and International Studies (CSIS).
It examined a Chinese invasion of Taiwan and concluded that the US Navy would be nearly entirely obliterated. However, Axe wrote, the US Air Force “could almost single-handedly destroy the Chinese invasion force.”
How? With the use of a Lockheed Martin-made Joint Air-to-Surface Strike Missile (JASSM).
“It’s a stealthy and highly accurate cruise missile that can range hundreds of miles from its launching warplane”, Axe explained. “There are long-range versions of the JASSM and a specialised anti-ship version, too – and the USAF [US Air Force] and its sister services are buying thousands of the missiles for billions of dollars.”
The Wuling HongGuang MiniEV mini electric car was found on some streets in Hanoi, much to the attention of the community as it will be the cheapest car that Vietnamese customers can choose.
At least two HongGuang MiniEVs were spotted near Hoan Kiem Lake a few days ago. Then, another social media user posted pictures of similar cars parked near West Lake. The above move shows the pattern car This mini electric is very close to the opening date.
“Geofencing” often begins with an innocent click. Smartphone apps ask if they can access location to improve service. When users say they yes, they often don’t realize that the apps that help them drive, cook, or pray are likely reselling their information to far-flung for-profit entities. This and other information detailing people’s behaviors and preferences is valuable for businesses trying to target customers. The global location intelligence market was estimated at $16 billion last year, according to Grand View Research, which predicts that figure will grow to $51 billion by 2030.
While it is legal for private companies to broker this information, constitutional questions arise when government accesses data from a third party that it would be prohibited from collecting on its own. The lawsuit filed by Calvary Chapel in August argues that Santa Clara County carried out a warrantless surveillance of the church when it acquired information in 2020 on the church’s foot traffic patterns collected by a research team from Stanford University. Court documents show the researchers acquired the information, which originated with Google Maps, from the location data company SafeGraph, which is also being sued by Calvary.
The growing controversy over the Smithsonian Institution’s planned Latino Museum has come to a head with a group of over a dozen conservative Latinos who wrote to Congress reiterating their calls to defund the museum, which they say promotes a "leftist ideological narrative."
"This museum in no way celebrates the culture and overall contributions of Americans of Hispanic origin," Alfonso Aguilar, the President of the Latino Partnership for Conservative Principles, told Fox News Digital. "It actually presents a totally distorted portrayal of Hispanics in the US in order to advance an extreme leftist ideology."
"This museum in no way celebrates the culture and overall contributions of Americans of Hispanic origin."
— Alfonso Aguilar, the President of the Latino Partnership for Conservative Principles
"I recognize that there have been some ugly chapters in our history, and we should talk about them, but you can’t reduce the entire narrative about Hispanics to those experiences," Aguilar said.
to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday.
The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing Delta Township plant in mid-Michigan that produces the Buick Enclave and Chevrolet Traverse crossovers.
The plants are important ones for the companies, however not as profitable or crucial as facilities that produce the automakers’ pickup trucks.
They came at breakfast time to murder Theo Bekker, smashing an iron bar stolen from his own farmyard into his skull before slitting his throat so he bled to death.
His four teenage attackers then tied up his wife, Marlinda, and put a plastic bag over her head before she slipped into unconsciousness. Mercifully, she survived.
In South Africa, where the murder rate is soaring, the killing of 79-year-old Mr Bekker on July 30 still had the capacity to horrify. This week at the Afrikaans Dutch Reformed church half a mile from the Bekkers' cream-coloured farmhouse, Minister Johan Bouwer told the Mail: 'The couple came here to Sunday services. Marlinda was a regular every week; Theo would attend if he was not busy on the farm.
'At a memorial service for him, the church was packed, with white Afrikaans farming families and black people from the area who paid their last respects to him.'
130,000 individuals are being called up for statutory military duty as part of the regular autumn conscription campaign, according to a decree signed by Vladimir Putin and published on the official government website on Friday.
On Tuesday, China’s government released a new white paper titled “A Global Community of Shared Future: China's Proposals and Actions.” The paper made an appeal to human unity, arguing that humanity faces common challenges to its survival and future, and therefore must unite and cooperate.
The paper drew a deliberate contrast to the actions of unnamed third parties which it condemned as “bloc politics,”“alliances,” and “Cold War mentality.” It was quite explicitly a Chinese roadmap to its own foreign policy vision for the world, and as such, an alternative manifesto to American unipolarity.
If the US is a contemporary opponent of globalization, China is its strongest advocate. While America wants to reserve its privileges and kick away the ladder developing countries can use to rise and become prosperous, China envisions openness as the only path to its own advancement and encourages other countries to join it. These two contrasting visions form a critical juncture in the world’s future path, and ultimately the rise of China will be pivotal in whether a multipolar world can succeed, or the US will hold on to its dominance forever.
Ukraine demands complete accession to the EU and will not accept any substitute proposed by incumbent member states who envision a tiered system of candidates, Prime Minister Denis Shmygal has told Politico.
“We want to be a fully-fledged member because Ukraine today is the unique country across the world that has paid such a huge price for its will to become a European Union member,” the senior official insisted.
Earlier this month, a report commissioned by France and Germany recommended breaking down the EU’s expansion process into more phases to “ensure a merit-based approach and to manage potential conflicts.” A four-tiered system ranking nations from “inner circle” down to a “European Political Community” was proposed.
Eight nations and the breakaway Serbian province of Kosovo currently have active talks with the EU about possible accession. National leaders will discuss enlargement and reform plans during a summit in Granada, Spain next week.
California’s Democrat Governor Gavin Newsom will choose Dianne Feinstein’s replacement.
Dianne Feinstein died Thursday night at the age of 90. She was the longest-serving woman in the US Senate.
Feinstein was also one of the most corrupt Senators, and that is saying a lot. She served on the Senate Intelligence Panel yet she was caught with a Chinese spy on her payroll — a man she had employed and paid for over 20 years.
Feinstein reportedly ‘found out’ that her staffer was a Chinese spy in 2013–while she was the Chairwoman of the Senate Intelligence Committee. The Chinese spy mysteriously appeared on the scene in 1993 just ONE YEAR after Feinstein was elected to the Senate in 1992.
Webmaster addition: Call me old fashioned, but I think choosing the most qualified person, regardless of race, gender, orientation, or religion, would be better!
Federal prosecutors announced charges Friday against a contractor with the Internal Revenue Service who allegedly stole the tax returns of a high-ranking government official. A source familiar with the matter told CNN that official is former President Donald Trump.
The man, 38-year-old Charles Edward Littlejohn, worked with the IRS from 2018 to 2020, according to court documents. During his contract, Littlejohn allegedly stole “tax returns and return information associated with Public Official A” and disclosed that information to a news organization.
Though the official is not named in court documents, a source familiar with the investigation told CNN the tax returns in question were Trump’s.
In addition to the former president’s tax documents, Littlejohn is also accused of stealing IRS information on “thousands of the nation’s wealthiest people, including returns and return information dating back more than 15 years.” Littlejohn then sent that tax information to a second unnamed news organization.
Ray Cameron, Director of Washington County Juvenile Department, confirmed in a statement to Reduxx that charges are pending and a petition has been filed in juvenile court against the trans attacker.
"A petition has been filed with the Juvenile Court and the charges are pending. In light of Oregon records law pertaining to juveniles, we are not able to comment further regarding this particular youth," Cameron said. "The Washington County Juvenile Department remains committed to enhancing community safety and breaking the cycle of delinquency through effective evidence-based intervention practices and holding youth accountable for their behavior."
The brutal beatdown shows the trans-identified student, a biological male, throwing multiple blows to the female student's head after he violently grabbed her hair, yanked her back and forth, then knocked her down flat in the school hallway.
For one-third of America's Democratic voters, Robert F. Kennedy Jr. would win if he ran as an independent in the 2024 presidential election, according to a new survey. This could potentially put a big advantage on former President Donald Trump's reelection bid.
Everything the powers that be are telling everyone right now about how the world can only be saved from a full-fledged environmental and climate-related collapse by shifting to a "green" economy is a lie.
The World Health Organization (WHO) should be defunded if it doubles down on medical tyranny instead of returning to its actual focus of health, according to Democratic presidential candidate Robert F. Kennedy Jr. (RFK Jr.).
One of the main reasons most politicians from both sides, including the Rhino GOP, hate Donald J. Trump so much is because he's already a billionaire who has no need to embezzle and launder billions of dollars through massive schemes that rob the American taxpayers.
The World Economic Forum (WEF) has taken over former United States military bases in Panama at a time when illegal immigration is at an all-time high, thanks in no small part to South American migrants making their way north through Panama.