Council of Worlds at WAR re Announcement Delays

Note the location of “Planet 9” and the inbound path for Nibiru provided by the Zetas in 1997. Nibiru arrived, right on schedule in 2003, and right where predicted a full 7 years earlier. Where the Zetas provided the location of the gravity draw represented by the Sun’s dark unlit binary and the inbound Nibiru in 1983, when the IRAS team lofted its infra-red balloon in search of the inbound Nibiru, this location was not provided to the public. All articles in print at that time only referring to the location as the “western edge of the constellation Orion”, quite vague, and the “western edge” is vast. Yet the Zetas pinpointed the location as being just outside the lower bow of Orion. Such is the accuracy of ZetaTalk. How would the public eventually become “aware of the history and accuracy of ZetaTalk predictions” as predicted by the Zetas on April 16, 2016? ? It would seem this is already in process.


SOZT March 19, 2016

So what happened to the announcement? Obama lacked the courage. As a result of this colossal failure,  having to disband the Jade Helm structure, the US military reacted. Obama is no longer running the country. Chief of Staff General Dunford is. Ben Fulford has for months been referring to Obama as the US “spokesperson”. Is this true, and how does this work? In that the Middle East, under the direction and press from Israel, Turkey, the Jewish bankers of the Federal Reserve, and the Saudis were supporting ISIS and this threatened to create a force that would not only invade Europe but also create an endless terrorism threat to the US, the military did indeed effect a silent coup. Russia needed to enter the fray, and Dunford, but not Obama, agreed. This will never be admitted, publicly, nor do the parties want this.
EOZT


SOZT October 1, 2015
The three major social media outlets in use around the globe all had significant, and simultaneous outages between September 20-24, 2015. Skype had complaints from the UK, Australia, and Japan. Twitter received reports from the US, Australia, and Singapore. FaceBook had the loudest howls, primarily from the US and Europe. Notably these downtimes, some lasting for hours or even days, got no attention in the major media, and there was no real explanation for the outages.  Every Skype user has an account and a password, as do their contacts. Every Skype user can broadcast messages to their contacts, even if these contacts are not presently online. Every twitter use likewise has an account and a password, and by sending a tweet passes information along to subscribers, who can retweet the info in the future. FaceBook users likewise have an account and a password, with many friends who pick up info from each other and pass it along on their FaceBook accounts.  In all of this, the networks themselves are AWARE of the accounts and passwords, and could do a broadcast to all in the event of an announcement. Check your user agreements. This is legal!
EOZT


SOZT April 25, 2015
When we announced that the Council of Worlds would be going to war with the elite over their blockage of the announcement, the tools available to the Council were not immediately apparent. Early in the campaign the Sony hack showed one such mechanism, whereby an anonymous hacker revealed embarrassing information about Sony executives. Similarly exposing pedophile activities by Prince Andrew and Bill Clinton and blatant lies by self-promoting media talking heads such as Brian Williams and Bill O’Reilly required nothing more than encouraging contactees to step forward.  In many, many cases a financial loss sufficient to trigger a clash among the elite is a result of an electronic delay during trades. 
EOZT


SOZT July 4, 2015
What is the message here? As with other failed launches, this most recent failure is a definitive message from the Council of Worlds. Space X has had success in resupplying the ISS, though has flounded on landing on a floating ocean platform.  Resupply of the ISS is OK, reuse of their launch equipment so as to help the elite escape, not OK. The message now is that the elite should not expect to get into space at all. No escape. The message here is to take all hope away from such plans among the elite. They are to remain on Earth with the common man. We expect the battle to shift from attempts to block the announcement, or deny its meaning, to attempts to enslave the common man in some way. That is another fight, on another day.
EOZT


SOZT November 1, 2014
The elite – the wealthy and politically powerful in the world – have continued in their attempts to thwart the announcement by Obama and his partners admitting that Nibiru, aka Planet X exists. We have long stated that the announcement date was set by Obama and Xi at their June 7-8, 2013 meeting in Santa Monica. The flustered slip given by the French Foreign Minister on May 13, 2014 re “500 days
http://www.zetatalk.com/ning/17ma2014.htm
until climate chaos” was in reference to this, as the date set was to be 500 days from the 2013 meeting, ie October 20, 2014.
EOZT


SOZT November 8, 2014
Relying solely on Russia or China to proceed would get the truth out BUT since the block had always been on the US end, via Reagan’s national security directive, without a confirmation from Obama this is awkward and subject to being countered. If true, where is the confirmation from Obama? It would be packaged as some odd communist attack against Obama going into the elections, to make him seem weak, almost comical. So where is this going now? For us to comment would be to empower the enemy, which of course we will not do. Your curiosity is not as important as having the announcement succeed.
EOZT


SOZT December 10, 2014
We have stated that the public will see only the flash and parry of swords from a distance during the Council of Worlds war with the cover-up crowd. Meanwhile, periodic tests of the Emergency Broadcast System in the US are done, to see if the channels are open. As of this writing, they are not yet open. The war is still on, full press. Meanwhile, during the flash and parry of swords, one can see resistance, pleading, panic, and capitulation.
EOZT

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Comment by SongStar101 on September 25, 2018 at 10:53am

Hungary approves 'STOP Soros' law, defying EU, rights groups

https://www.reuters.com/article/us-hungary-soros/hungary-approves-s...

20 JUNE, 2018

BUDAPEST (Reuters) - Hungary’s parliament on Wednesday approved a package of bills that criminalizes some help given to illegal immigrants, defying the European Union and human rights groups.

The legislation narrows the scope for action by non-governmental organizations (NGOs), making their workers liable for jail terms for helping migrants to seek asylum when they are not entitled to it.

Prime Minister Viktor Orban has led eastern European opposition to EU quotas that aim to distribute asylum seekers around the bloc, criticizing the open-door policy that German Chancellor Angela Merkel proclaimed at the height of the European migrant crisis in 2015.

Orban’s right-wing Fidesz party tightened its grip on parliament in April elections after campaigning on an anti-immigration platform. Fidesz also demonized Hungarian-born U.S. billionaire George Soros and the liberal NGOs he backs, naming the new legislation the “STOP Soros” law.

Orban accuses Soros of encouraging mass immigration to undermine Europe, a charge he denies.

“The Hungarian people rightfully expect the government to use all means necessary to combat illegal immigration and the activities that aid it,” Interior Minister Sandor Pinter wrote in a justification attached to the draft legislation.

“The STOP Soros package of bills serves that goal, making the organization of illegal immigration a criminal offense. We want to use the bills to stop Hungary from becoming a country of immigrants,” he said.

Parliament, where Fidesz has a two-thirds majority, also passed on Wednesday a constitutional amendment stating that an “alien population” cannot be settled in Hungary - a swipe at Brussels over its quota plan.

Germany’s Europe minister Michael Roth expressed regret that Hungary had not waited for the Venice Commission, an expert body, to issue a report on the issue along with the Organisation for Security and Cooperation in Europe.

“We share the concerns of the Venice Commission regarding the criminalization of the activities of non-governmental organizations in the area of refugee aid,” he said.

TOUGH STANCE IS VOTE-WINNER

Immigration has become a major concern for voters across the EU, helping to propel anti-migrant parties into power in Italy and Austria and threatening to fracture Merkel’s three-month-old coalition in Germany.

Orban has played on Hungarians’ memories of large numbers of mostly Muslim migrants fleeing war and poverty who surged into the country in the summer of 2015.

Most moved on to wealthier western European countries, but Orban has branded the migrants a threat to Europe’s Christian civilization and built a border fence along Hungary’s southern borders to deter more from coming.

--------------------------------------------------

Italy migrant crisis: Government passes tough bill

https://www.bbc.com/news/world-europe-45625833

24 Sept 2018

The Italian government has passed a decree which will make it easier to deport migrants and strip them of Italian citizenship.

Migrants could now be expelled if they are found guilty of serious crimes such as rape and assault.

Previously, this was only possible at the end of a lengthy appeals process.

Interior Minister Matteo Salvini described the measure as "a step forward to make Italy safer". The measure needs the backing of lawmakers.

The decree also envisages that asylum seekers accused of drug dealing will have their applications denied, Mr Salvini said.

He has been a prominent figure in a public immigration crackdown in Italy since his government, a coalition between the right-wing League party and the anti-establishment Five Star Movement, came to power in June.

The minister has frequently come into conflict with rescue ship operators and last month was involved in a public stand-off about the disembarkation of 150 migrants on a coast guard ship on the island of Sicily.

Mr Salvini is under investigation for his role in the dispute.

Rescue ship allowed to disembark in Sicily

In a separate development, a rescue vessel operating in the central Mediterranean Sea has had its registration revoked by Panama leaving its future operations in jeopardy.

When the Aquarius next docks, it will have to remove its Panama maritime flag and cannot set sail without a new registration, raising the possibility it may end up stuck in port.

It is the last private rescue ship picking up migrants trying to cross from Libya to Europe and is currently sailing to the French port of Marseille with migrants on board

The charities running the Aquarius accuse the Italian government of pressuring Panama into deflagging it.

The two groups which lease it, Médecins Sans Frontières (MSF) and SOS Mediterranée, say they were notified of the decision by the Panama Maritime Authority (PMA) on Saturday.
Workers on board Aquarius in dockImage copyrightAFP
Image captionThe Panama Maritime Authority (PMA) only registered the ship last month, after the Gibraltar authorities revoked its flag

The authority is said to have described the ship as a "political problem" for the country's government, and said Italian authorities had urged them to take "immediate action" against them, according to SOS Mediterranée.

Mr Salvini, who has previously described the aid boats as a "taxi service" for migrants, denies his country put pressure on Panama.

According to the United Nations, more than 1,700 migrants have died trying to cross to Europe in 2018.

The Aquarius has been operating in the area since February 2016, finding itself at the centre of diplomatic stand-offs in recent months over where to land rescued migrants.

It was under the flag of the Gibraltar Maritime Administration until August this year, when it was given "notice of removal" and re-registered with Panama.

The ship's operators say they were notified of the new decision while on a current mission, and say they have 58 survivors on board from two boats they found in distress.

In a joint statement, the charities insisted they were in "full compliance" with maritime law and denounced the decision as condemning hundreds to death.

The statement asks for European governments to step in to allow the vessel to continue its operations by either reassuring the Panamanian authorities or issuing it a new flag.

---------------------------------------------------------------

Hungary pursued by EU over 'Stop Soros' migrant law

https://www.bbc.com/news/world-europe-44887638

19 July 2018

The European Commission says a law in Hungary that criminalises support for asylum seekers is illegal amid a battle with the country over EU migration.

Hungary has now been referred to the European Court of Justice (ECJ) for "non-compliance" with EU legislation.

Viktor Orban's government passed a law in June stating anyone "facilitating illegal immigration" could face prison.

The law was dubbed "Stop Soros" after the billionaire philanthropist Hungary accuses of supporting Muslim migrants.

On Thursday, the Commission chided Hungary over the law, which it said curtailed asylum applicants' right to turn to national, international and non-governmental organisations for help.

It said that an infringement procedure had been opened against the country because the new legislation broke EU rules, adding that a "letter of formal notice" had been issued.

The Commission has accused Hungary of failing to respect European law when it returns asylum seekers to other countries or detains them on its border with Serbia.

"The Commission considers that the indefinite detention of asylum seekers in transit zones without respecting the applicable procedural guarantees is in breach of EU rules," it said in a statement.

Last month, a report by the Council's Venice Commission leaked to the BBC raised concerns over the new Hungarian law, noting that the legislation "criminalises organisational activities which are not directly related to the materialisation of the illegal migration".

The Hungarian government argues that it is doing the rest of Europe a service by limiting the flow of what it regards as illegal migrants into the bloc.

Hungary has also said that immigration threatens its national security, but its hardline stance has been met with widespread international criticism.

Hungarian-American businessman George Soros is one of the world's most renowned, and philanthropic, financial investors.

At the height of Europe's refugee crisis, Mr Soros pledged generous backing for aid groups supporting migrants.

---------------------------------------

Soros Foundation sues Hungary over laws making it illegal to help asylum-seekers at European Court of Human Rights

https://www.independent.co.uk/news/world/europe/soros-foundation-hu...

24 Sept 2018

The international philanthropic organisation founded by George Soros has said it will take Hungary to the European Court of Human Rights over laws which make it a crime to help asylum-seekers.

However, Budapest has staunchly asserted it will not repeal the laws, no matter what judges decide.

In June, Hungary passed the “Stop Soros” legislation which threatens anyone who helps refugees who are not entitled to protection apply for asylum, or helps illegal migrants gain status to stay in Hungary, with jail.

Viktor Orban’s policy also introduced a 25 per cent special tax on aid groups it says support migration.

Mr Soros’s group, Open Society Foundations (OSF), said the “Stop Soros” legislation “breaches the guarantees of freedom of expression and association enshrined in the European Convention of Human Rights and must be repealed”.

“The Hungarian government has fabricated a narrative of lies to blind people to the truth: that these laws were designed to intimidate independent civil society groups, in another step towards silencing all dissent,” OSF president Patrick Gaspard said in a statement.

OSF said the provisions of the legislation were so broadly written that ”they will have a far-reaching and chilling effect on the work of civil society far beyond the field of migration”.

Budapest, which has accused Mr Soros and the liberal groups he supports of trying to destroy Europe’s Christian culture by promoting mass migration, responded with defiance.

“The government stands by the Stop Soros package of laws ... as the legislation serves the will of the Hungarian people, and the security of Hungary and Europe,” a government spokesman said.

“The Soros organisation attacks the Stop Soros package with all possible means as the legislation stands in the way of illegal immigration. The aim of George Soros and organisations supported by him is to flood Europe with migrants.”

Mr Soros, who was born in Hungary, denies trying to promote mass migration into Europe from the Middle East and elsewhere.

In May, OSF announced it would close its office in Budapest after more than 30 years and move to Berlin.

Comment by Matt B on September 20, 2018 at 10:01am

"Are we alone?"

The enigmatic Q strikes another blow against the Cover-Up!

ZetaTalk Chat Q&A for March 31, 2018
http://zetatalk.com/ning/31mr2018.htm

When Obama was under constant assassination attempts by the crowd who did not want him to admit the presence of Nibiru, Dunford sought to expedite the announcement by running Jade Helm 2015 to manage any riots that might emerge. When Obama lacked courage and failed, Dunford stepped in. The US has been run by a Junta ever since – Mattis, Dunford and his Marines. We have stated that behind the scenes, Hillary and hundreds of others were tried by military tribunals, and their laundered stolen funds taken from them. Fort Knox Gold has now been reinstated.

Meanwhile, the announcement admitting Nibiru is dragging, though the public no longer trusts the media. The Deep State wanting to wrest control of the US from Trump and his Junta has become vicious, like a trapped animal. It has been rumored that there are 1,400 sealed indictments allowing arrests of the Deep State and the Bush/Clinton cabal, and this is true though the number is multiples higher. Arrests and interrogations have garnered more names. But how to take those under House Arrest out of circulation? How to inform the public?

Trials await, and this latest EO by Trump allows them to proceed according to Military Law. Does this not imply that the true situation in the Trump administration, that it is being run by a Junta, will be admitted? One of the blocks to admitting the Junta was the state of matters adjudicated in civil and criminal courts. Trumps March 1 EO clarifies. It does not cover matters already adjudicated. Does this trial by tribunal of Deep State crimes not require, in step, an admission that Nibiru exists? More later re all of that.

ZetaTalk: Roswell

Jul 15, 1995

http://www.zetatalk.com/govmt/g03.htm

Roswell is all the rage here in the United States. It is the flag-bearer in the parade of those who march to learn the truth. The facts are well known, and the facts that are known relate almost completely to the truth. This is a true story. What is not well known is that Roswell was not an accident.

At that time, within the United States, many alien groups wanted a dialog with the United States government. We chose the United States because of its leadership in the community of nations. The United States was and is sticking its nose into every activity throughout the globe. We knew we could rely on the United States to be the message bearer for any message the alien groups wished to get out. The United States, as other governments, was not approachable. Individuals who were contacted by the alien groups were treated as though they were infected. They were not listened to. The block in these matters was the human desire to be in control. Therefore, in order to allow the humans in the United States government to be open to our messages, we allowed them to be in control. Several entities within the alien groups trying to contact the United States government volunteered to be of service. They expected to die. The plan was to allow ships to crash, ostensibly at the hands of humans. This maximized the feeling of control the humans would experience, particularly as the front end of any contact was, unfortunately, through the military. Once they felt they could harm us, they were willing to parley.

The rumor that delicate flowers, in shades of white and yellow, were found etched into the impermeable metal on the inside of the crashed ship is true. Were these wall decorations to remind the homesick travelers of flowers in their homeland? Yes. Just as humans decorate their homes with those items that are powerful reminders and trigger emotions, the better to become lost in delicious reverie, just so these travelers carried with them a reminder of their home planet, so far away and, in the case of those setting out to create the Roswell crash, never to be seen again. They sacrificed themselves at Roswell not because they had nothing to lose, but because of what they hoped the Earth would gain.

Read more...

Comment by SongStar101 on September 18, 2018 at 11:16am

BREAKING: President Trump Orders Declassification of Some FISA Court Documents, All Texts From Russia Investigation

https://townhall.com/tipsheet/katiepavlich/2018/09/17/breaking-trum...

After months of requests, President Trump declassified a number of FISA court documents late Monday afternoon and directed the relevant government agencies to release them to the public.

"At the request of a number of committees of Congress, and for reasons of transparency, the President has directed the Office of the Director of National Intelligence and the Department of Justice (including the FBI) to provide for the immediate declassification of the following materials: (1) pages 10-12 and 17-34 of the June 2017 application to the FISA court in the matter of Carter W. Page; (2) all FBI reports of interviews with Bruce G. Ohr prepared in connection with the Russia investigation; and (3) all FBI reports of interviews prepared in connection with all Carter Page FISA applications," White House Press Secretary Sarah Sanders released in a statement.

President Trump also ordered the unredacted release of all text messages related to the Russia investigation from fired FBI Director James Comey, fired Deputy FBI Director Andrew McCabe, fired FBI agent Peter Strzok and FBI lawyer Lisa Page.  

"In addition, President Donald J. Trump has directed the Department of Justice (including the FBI) to publicly release all text messages relating to the Russia investigation, without redaction, of James Comey, Andrew McCabe, Peter Strzok, Lisa Page, and Bruce Ohr," the statement continues. 

On Sunday House Intelligence Committee Chairman Devin Nunes, who has been requesting President Trump declassify these documents for months, argued the documents needed to be declassified before the2018 midterm elections. Nunes also announced he would be declassifying a number of depositions by key players in the Russia probe.

Comment by Matt B on September 2, 2018 at 1:32am

President Trump proclaims September 2018 to be National Preparedness Month. Q draws attention to this soon after. The Transformation Team hard at work!

Presidential Proclamation on National Preparedness Month, 2018

Issued on: August 31, 2018

https://www.whitehouse.gov/presidential-actions/presidential-procla...

https://8ch.net/qresearch/res/2832966.html#2833619

National Preparedness Month is a time to focus our attention on the importance of preparing our families, homes, businesses, and communities for disasters that threaten our lives, property, and homeland. During this time, we also honor the brave men and women who selflessly respond to crises and disasters, rendering aid to those in need. These first responders, who work tirelessly to safeguard our Nation and protect our citizens, deserve our utmost gratitude and appreciation.

Over the past year, communities nationwide and across the Territories have witnessed and endured damage from multiple hurricanes, wildfires, tornadoes, floods, volcanic eruptions, and other natural disasters. The historic hurricane season of 2017 included three catastrophic storms that made landfall within a month, and was followed by a destructive series of wildfires in California. Combined, these natural disasters affected 47 million people and tens of thousands were mobilized to provide aid, comfort, and assistance. We are also especially mindful of those currently affected by ongoing wildfires in California, Oregon, and Colorado. In spite of tremendous challenges, the resilience of the American people continues to prevail.

Tragedies are somber reminders that preparedness is a shared responsibility and that it is critical to maintain readiness. All Americans can prepare for potential disasters by developing and practicing a family emergency response plan, assembling a disaster supply kit, signing up for alerts on mobile devices, setting aside emergency savings, and maintaining adequate insurance policies for their homes and businesses. The Federal Emergency Management Agency’s Ready Campaign outlines other important steps to best prepare for a major disaster.

This month, I encourage all Americans to take the opportunity to ensure they have an emergency response plan in place and ready to be properly executed. Emergencies and disasters test the resilience and strength of families, communities, and our Nation. It is impossible to avoid every challenge and threat, but we can and must prepare for them. By doing so, we can help protect our communities and save lives.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim September 2018 as National Preparedness Month. I encourage all Americans, including Federal, State, and local officials, to take action to be prepared for disaster or emergency by making and practicing their emergency response plans. Each step we take to become better prepared makes a real difference in how our families and communities will respond and persevere when faced with the unexpected.

IN WITNESS WHEREOF, I have hereunto set my hand this thirty-first day of August, in the year of our Lord two thousand eighteen, and of the Independence of the United States of America the two hundred and forty-third.

DONALD J. TRUMP

Comment by Juan F Martinez on August 16, 2018 at 3:06pm

The Battle for Planet Earth is reaching a critical phase. 

 Qanon - You Are Witnessing The Largest Mass Treason Event In Living History 
.
The people of the world are sick and tired of being set against each other by powerful criminals who want us divided so they can continue to rape, steal and exploit us.
.
Currently the gravest threat to the world is the corrupt mainstream media who has been taken over by a powerful cabal. They have been lying to us for decades, twisted our minds and led us down a path of darkness. The evidence is all around you.
.
The only way we can defeat this evil is by removing their power and turning them off. They are named the "Mockingbird Media" after a criminal operation of the same name to infiltrate journalism and take control of the narratives.

Comment by Juan F Martinez on July 28, 2018 at 12:21am

CBS Shares Plunge on Pending Moonves Sexual Misconduct Story

Shares in the television company move lower on reports that The New Yorker is set to release a Ronan Farrow expose about the CEO.

https://www.thestreet.com/markets/cbs-tanks-on-speculation-of-new-y...

Comment by Starr DiGiacomo on July 25, 2018 at 8:47am

Former Hillary Clinton Employee Arrested On Treason Charges

https://topalertnews.com/former-hillary-clinton-employee-arrested-o...

July 23 2018

Candace Marie Claiborne has become the first Clinton-era State Department employee indicted on treason charges, after a federal grand jury indicted her on numerous felony charges.
Candace Marie Claiborne has become the first Clinton-era State Department employee indicted on treason charges, after a federal grand jury indicted her for conspiring to defraud the U.S. government, concealing contact with foreign spies, obstructing an official proceeding, and making false statements to the FBI.

Claiborne, a veteran State Department employee who possessed a Top Secret security clearance, concealed her extensive contacts with Chinese intelligence agents, who for years lavished her with thousands of dollars in gifts as part of a pay-for-play scheme, according to a Department of Justice press release.

In addition to cash payments, Chinese spies provided Claiborne with vacations, an apartment, Apple electronics, and tuition to a Chinese fashion school, according to the indictment. Suggesting she learned tricks from Hillary Clinton, her former boss, Claiborne allegedly told co-conspirators to delete all emails and evidence after getting caught.

The bill of charges contains numerous felonies and Claiborne, 60, is facing spending the rest of her life behind bars, as prosecutors warn she is “the first of many” corrupt Clinton-era State Department employees that will be bought to justice by a reinvigorated DOJ.

“Candace Marie Claiborne is a U.S. State Department employee who possesses a Top Secret security clearance and allegedly failed to report her contacts with Chinese foreign intelligence agents who provided her with thousands of dollars of gifts and benefits,” said Acting Assistant Attorney General McCord.

“Claiborne used her position and her access to sensitive diplomatic data for personal profit. Pursuing those who imperil our national security for personal gain will remain a key priority of the National Security Division.”

He added: “This case demonstrates that U.S. government employees will be held accountable for failing to honor the trust placed in them when they take on such sensitive assignments.”

“Candace Claiborne is accused of violating her oath of office as a State Department employee, who was entrusted with Top Secret information when she purposefully mislead federal investigators about her significant and repeated interactions with foreign contacts,” said Assistant Director in Charge Vale.

“The FBI will continue to investigate individuals who, though required by law, fail to report foreign contacts, which is a key indicator of potential insider threats posed by those in positions of public trust.”

The grand jury found Claiborne’s Washington, D.C. home and her savings account are subject to forfeiture, if she’s convicted.

She wrote in a journal that she could “generate 20k in 1 year” through one of her Chinese agents, according to an affidavit. She was allegedly wired nearly $2,500 shortly after and was asked to provide the U.S. government’s analyses of its 2011 economic talks with China.

According to the Department of Justice’s press release, Claiborne is facing decades behind bars for her crimes:

“The maximum penalty for a person convicted of obstructing an official proceeding is 20 years in prison. The maximum penalty for making false statements to the FBI is five years in prison. The maximum statutory sentence is prescribed by Congress and is provided here for informational purposes. If convicted of any offense, the sentencing of the defendant will be determined by the court based on the advisory Sentencing Guidelines and other statutory factors"

Comment by Starr DiGiacomo on July 22, 2018 at 1:56am

https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the...

Dick Bove: Trump poised to take control of the Federal Reserve

6:26 PM ET Fri, 20 July 2018

  • President Trump sharply criticized the Federal Reserve this week, saying interest rate increases are hurting the economy.
  • Trump will have the opportunity to fashion the central bank in the image he would like as he has four vacancies to fill on the board of governors.
  • The result could be a more politicized Fed.

President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so. The president is anti-overregulating American industry. The Fed is a leader in pushing stringent regulation on the nation. By raising interest rates and stopping the growth in the money supply it stands in the way of further growth in the American economy.

First, He Can

The Board of Governors of the Federal Reserve is required to have seven members. It has three. Two of the current governors were put into their position by President Trump. Two more have been nominated by the president and are awaiting confirmation by the Senate. After these two are put on the Fed’s board, the president will then nominate two more to follow them. In essence, it is possible that six of the seven Board members will be put in place by Trump.

The Federal Open Market Committee has 12 members and sets the nation’s monetary policy. Seven of the 12 are the members of the Board of Governors. Five additional are Federal Reserve district bank presidents. Other than the head of the Fed bank in New York, who was nominated by the president, the other four can only take their positions as district bank presidents if the board in Washington agrees to their hiring. One of these, the Fed Bank president in Minneapolis, Neel Kashkari, is already arguing for no further rate increases.

Second, Regulation

Following the passage of the Dodd Frank Act in July 2010, the Fed was given enormous power to regulate the banking industry. It moved quickly to implement a number of new rules. The Fed set up a system that would penalize banks that failed to obey its new rules. These rules included setting limits as to how big an individual bank could be; how much money the banks had to invest in fed funds and Treasurys as a percent of their assets; which loans were desirable and which were not; where the banks had to obtain their funding and many, many, more up to and including how much a bank could pay its investors in dividends.

These rules have meaningfully slowed bank investments in the economy (the Volcker Rule) and they have had a crippling effect on bank lending in the housing markets (other agencies have had an impact here also).

Thus, of all of the government agencies the Fed has been possibly the most restrictive. The president has already moved to correct these excesses by putting in place a new Fed Governor (Randal Quarles) to regulate the banking industry.

Three, Killing Economic Growth

In the second quarter of 2018, the growth in non-seasonally adjusted money supply (M2) has been zero. That’s right, the money supply did not grow at all. This is because the Fed is shrinking its balance sheet ultimately by $50 billion per month. In addition, the Fed has raised interest rates seven times since Q4 2015. Supposedly there are five more rate increases coming.

This is the tightest monetary policy since Paul Volcker headed the institution in the mid-1980s. It will be recalled his policies led to back-to-back recessions. Current Fed monetary policy is directly in conflict with the president’s economic goals.

Moreover, the Treasury is estimating it will pay $415 billion in interest on the federal debt in this fiscal year. A better estimate might be $450 billion if rates keep going up. There are a lot of bridges and tunnels and jobs that could be created with this money.

Then there is inflation. It is likely to rise if the Fed eases its policies. If that happens paying down the federal debt becomes easier. On a less desirable note, higher interest rates lower real estate values. Lower rates that stimulate inflation increase real estate values.

Bottom Line

The president can and will take control of the Fed. It may be recalled when the law was written creating the Federal Reserve the secretary of the Treasury was designated as the head of the Federal Reserve. We are going to return to that era. Like it or not the Fed is about to be politicized.

Comment by Starr DiGiacomo on July 18, 2018 at 2:41am

https://www.theguardian.com/news/2018/jul/17/the-ugly-scandal-that-...

The ugly scandal that cancelled the Nobel prize

Sweden’s literary elite has been thrown into disarray by allegations of sexual harassment and corruption.

In the eyes of its members, there is no more important cultural institution in the world than the Swedish Academy. The members, who call themselves The Eighteen (always in capitals), are elected for life by their peers, and meet for a ritual dinner every Thursday evening at a restaurant they own in the heart of the old town in Stockholm. And once a year, at a ceremony brilliant with jewels and formality, the permanent secretary of the academy hands out the Nobel prize in literature and all the world applauds.

But this year there will be no prize and no ceremony. In November 2017, it was revealed in the Swedish press that the husband of one of the academy members had been accused of serial sexual abuse, in assaults alleged to have taken place over more than 20 years. Jean-Claude Arnault, a French photographer and cultural entrepreneur, is married to the poet and academician Katarina Frostenson. In addition to assault accusations against him, the pair are accused of misusing academy funding. Arnault has denied all accusations, and Frostenson has refused to comment.

The academy is paralysed by the scandal, which was followed by a slew of resignations and expulsions. Six of The Eighteen have withdrawn from any part in its deliberations; another two were compelled to do so. The statutes say that 12 members must be present to elect any new ones, so with only 10, no important decisions can be taken and no new members elected. The vacuum has been filled with invective.

According to one senior academy member, the man responsible for the moral decay of the institution – through his “rotten macho values and arrogant high-handedness” – is the critic and historian Horace Engdahl, a former secretary of the academy. Engdahl, a close friend of Arnault, has in turn called the current secretary the worst the academy has ever had.

The scandal broke when the Stockholm daily paper Dagens Nyheter published the testimonies of 18 women who said that they had been assaulted or exploited by Arnault. Even if many were anonymous, the cumulative effect was impossible to ignore. In two cases the allegations amounted to rape.

What made the matter a wider global scandal is that it seemed to reveal something rotten at the heart of the Swedish Academy: many of the attacks were said to have taken place in luxurious apartments owned by the academy, in Stockholm and in Paris. Arnault and Frostenson also profited for years from academy subsidies to an arts club they owned and ran together. In addition, Frostenson has been accused of leaking the names of literature prize winners to Arnault, with the result that large bets were placed with bookies in Paris. Arnault’s lawyer, Björn Hurtig, told Expressen that his client was “disturbed and resigned … He says this is totally wrong and he is innocent of the allegations.”

Soon after the scandal broke, the secretary of the academy, Sara Danius, announced that she had herself been sexually harassed by Arnault. She called in lawyers and attempted to expel Frostenson from the academy. Arnault, meanwhile, has powerful defenders. His great friend Engdahl campaigned to have Danius expelled in turn. In an article for the national tabloid Expressen, Engdahl deprecated the vulgarity of his opponents in the academy, and called them “a clique of bad losers … who plotted to wound and humiliate Katarina Frostenson”

In the event, both women stepped down. Enough members resigned in support of Danius that the academy was left inquorate, with Engdahl in control of the rump. It seems possible that the king of Sweden, who has ultimate responsibility for the academy, will simply close the whole thing down this summer, with potentially disastrous consequences for the Nobel prize in literature. The Nobel Foundation, which funds the prize, is refusing to keep doing so until the academy is cleaned up.

The scandal has elements of a tragedy, in which people who set out to serve literature and culture discovered they were only pandering to writers and the people who hang around with them. The pursuit of excellence in art was entangled with the pursuit of social prestige. The academy behaved as if the meals in its clubhouse were as much an accomplishment as the work that got people elected there.

The academy had thought it stood for the culture of TS Eliot: somewhat masculine and unashamedly elitist, in which power is channelled in the service of tradition. It turns out to be much more like the culture of an ageing rock star: smug, macho, with its cool self-importance armoured by money and fame. The destruction of the academy’s reputation is not just damaging to an old, odd, Swedish institution, but also to the ideals it upheld, and to the dream of a global high culture that the Nobel prize represents

Swedish academy member Katarina Frostenson and her husband, Jean-Claude Arnault, who has been accused of multiple sexual assaults. Photograph: IBL/REX/Shutterstock

The Academy was, from its inception in 1786, an elitist institution. It was to contain the best writers and scholars in Sweden, and to guard and nourish the language. It puts out an official list of all the recognised words in Swedish and is still working, after more than a century, on the definitive dictionary of the language. Members are elected for life, and inducted at a banquet with a fanfare of trumpets. It is rich, with investments worth an estimated £110m. Membership brings considerable financial advantages: there are a great many perks in the way of apartments in the loveliest parts of Stockholm, dinners, and the use of delightful offices. The members’ compensation is not published, but according to an investigation of their tax returns by one Stockholm paper, they receive around £40,000 a year when they are active participants. To be the secretary is a full-time post, and while the salary is unknown, the pension increases by £10,000 for every year served.

It’s harder to discover what the academy’s use to contemporary Sweden is. The kind of literature it exists to nourish is kept alive largely by subsidy. With a few exceptions, its members could not make a living from writing. This is, of course, true of writers everywhere today, but in a world dominated by a few global languages, the chief of them English, a language like Swedish – with only 9 million speakers – can’t sustain many writers economically. The books that sell in Sweden are almost always those that can be profitably translated, which means crime novels, with the occasional quirky literary breakout such as the novel Popular Music from Vittula.

In the 1970s, the idea that the academy was the pinnacle of Swedish culture came under attack, at the same time as the wider belief that European – and particularly Swedish – culture represented the peak of human achievement was looking rather unconvincing. To the academy, this was a slowly growing but existential threat. The extraordinary ambition of the academy’s judges was not just to read foreign literature in the original language but, beyond that, to judge their originality and importance within their own traditions. However, as the world of literature expanded to include Latin America, Africa, India, Japan and China, this aspiration began to look unrealistic.

The academy had been established to embody and to strengthen the claim that Swedish was one of the great languages of European civilisation, as worthy of respect as any other. In 1974 the academy put this belief to the test by choosing two of its own members, the poets Harry Martinson and Eyvind Johnson, for the prize – a choice that was greeted with a storm of derision. (Four years later, Martinson killed himself.) This criticism seems unduly harsh: Martinson is a much better poet than, for example, Bob Dylan, who was awarded the prize in 2016. But the dismissive reaction was a warning of things to come

Very long article continues...........

Comment by SongStar101 on July 12, 2018 at 7:22pm

CFTC Approves Record $30 Million Award For JP Morgan Whistle-Blower

https://www.zerohedge.com/news/2018-07-12/cftc-approves-record-30-m...

The CFTC has finally approved what is expected to be the largest award in the history of its whistle-blower-awards program: According to Bloomberg, the commission has authorized a $30 million award for information about JP Morgan neglecting to inform its wealthy asset-management clients about conflicts of interest involving the bank's investment recommendations.

The award represents 30% of the $100 million in penalties and surrendered profits that the CFTC received in a December 2015 settlement with the bank. 

The CFTC made the award public on Thursday without naming individuals or the bank. According to the attorney, Edward Siedle, it was the culmination of a December 2015 settlement in which JPMorgan agreed to pay regulators a total of $367 million for failing to disclose that it was steering asset-management clients into investments that would be especially profitable to the bank.

That included $100 million that went to the CFTC -- $40 million in penalties and $60 million in disgorgement. The bank agreed to pay an additional $267 million at the time to the Securities and Exchange Commission, where a pair of preliminary whistle-blower awards totaling $61 million were authorized a year ago but still await final approval.

It's also the fifth award in the history of the CFTC program, which was created along with a separate whistle-blower program at the SEC as part of the Dodd-Frank act. As the claimant's attorney, Edward Siedle, said, many bank whistle-blowers aren't aware that there's "a commodities element" to many cases of investment fraud, which opens the door to the CFTC's involvement, and the possibility of more settlement money.

"We hope that an award of this magnitude will incentivize whistle-blowers to come forward with valuable information and provide notice to market participants that individuals are reporting quality information about violations" of commodities-trading law, said CFTC Chairman J. Christopher Giancarlo.

Siedle acknowledged earlier Thursday that an unnamed client of his acted as a whistle-blower in obtaining the CFTC award. Siedle said he had also obtained a preliminary award from the SEC on behalf of the same client.

"Most would-be whistle-blowers overlook the fact that there’s a commodities element in most investment fraud," Siedle said. "This award demonstrates that the CFTC is willing to act quickly on those complaints if contacted."

In a separate award granted last year, the Securities and Exchange Commission handed two whistle-blowers a combined $61 million bounty, equivalent to roughly 23% of its $267 million settlement with JPM.

Under Dodd-Frank, the SEC and CFTC run two separate whistle -blower award programs. Each allows whistle-blowers to receive between 10% and 30% of total recoveries, depending on the value of the information they provide. Those settlements are often worth tens - if not hundreds - of millions of dollars.

So far, no comments from fortress-balance-sheet CEO Jamie Dimon on the award or the underlying fraud as he likely sees this a just another 'storm in a teacup'... although he knows a fraud when he sees one.

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