The price of Bitcoin continues to rise at an exponential rate, and the financial world is in a complete state of shock. Just yesterday, I marveled that the price of Bitcoin had surged past the $13,000 mark for the first time ever, but then on Thursday it actually was selling for more than $19,000 at one point. As I write this, Bitcoin is sitting at $16,877.42, but a few hours from now it could be a couple of thousand dollars higher or lower than that. Those that got in early on “the Bitcoin revolution” have made extraordinary amounts of money, and many believe that this is just the beginning.
Of course many of the most respected names in the financial world were convinced that this would never happen. For example, back in 2014 Warren Buffett encouraged investors to “stay away” because he believed that Bitcoin was a “mirage”. And not too long ago JPMorgan Chase CEO Jamie Dimon said that “if you’re stupid enough to buy it, you’ll pay the price for it one day”.
But for now, it is Bitcoin investors that are having the last laugh. If you would have gotten into Bitcoin back at the beginning of this year, your investment would be worth 16 times as much today. The following comes from CNN…
Bitcoin cracked $1,000 on the first day of 2017. By this week, it was up to $12,000, and then it really took off: The price topped $16,000 on some exchanges Thursday, and $18,000 on at least one. Other cryptocurrencies have seen similar spikes, though they trade for much less than bitcoin.
There’s a long list of factors people may point to in an attempt to explain this. Regulators have taken a hands-off approach to bitcoin in certain markets. Dozens of new hedge funds have launched this year to trade cryptocurrencies like bitcoin. The Nasdaq and Chicago Mercantile Exchange plan to let investors trade bitcoin futures, which may attract more professional investors.
At this point, Bitcoin has a market cap of approximately 280 billion dollars, and that means that if it was a stock it would “rank among the 20 largest stocks in the S&P 500“.
To put this another way, Bitcoin’s market cap is now greater than the GDP of the entire nation of Greece.
Earlier today, Zero Hedge posted a chart that showed how meteoric Bitcoin’s rise has been…
- $0000 – $1000: 1789 days
- $1000- $2000: 1271 days
- $2000- $3000: 23 days
- $3000- $4000: 62 days
- $4000- $5000: 61 days
- $5000- $6000: 8 days
- $6000- $7000: 13 days
- $7000- $8000: 14 days
- $8000- $9000: 9 days
- $9000-$10000: 2 days
- $10000-$11000: 1 day
- $11000-$12000: 6 days
- $12000-$13000: 17 hours
- $13000-$14000: 4 hours
- $14000-$15000: 10 hours
- $15000-$16000: 5 hours
- $16000-$17000: 2 hours
- $17000-$18000: 10 minutes
- $18000-$19000: 3 minutes
So where is Bitcoin headed next?
Whenever we see anything go up this fast, it is inevitable that there will be a pullback, and that is precisely what we are witnessing at the moment. After soaring past the $19,000 mark, Bitcoin dropped back to under $17,000. But this pullback could just be temporary, and there are some that are absolutely convinced that Bitcoin will blow well past the $20,000 mark by the end of December.
In the long-term, experts such as John McAfee and James Altucher believe that the price of Bitcoin will reach one million dollars. But there are others that believe that Bitcoin is one of the biggest financial bubbles in history and that it will eventually end in an absolutely horrible crash.
So who is correct?
Well, it is entirely possible that both sides are correct.
Bitcoin could theoretically continue to skyrocket for the next few years if the economy remains somewhat stable. And it is also true that given a long enough time frame, virtually every financial investment goes to zero.
Just like every other financial investment, the key is to get in at the right time and to get out at the right time.
For now, Bitcoin has sparked a worldwide craze that is absolutely unprecedented. The following comes from the Washington Post…
Such warnings have not stopped the craze surrounding the currency as the sharp rise in value creates ever more demand. In South Korea, people are pouring their life savings into bitcoin and other digital currencies. In Venezuela, after observing the rise of bitcoin, the government announced it would launch its own virtual currency called the “Petro” to get around U.S. sanctions.
And of course Bitcoin has spawned a whole host of competitors. At this point there are more than 1,000 virtual currencies in existence, and that number is constantly growing.
To me, this whole phenomenon is absolutely amazing. Bitcoin and other cryptocurrencies are digital creations, and they don’t have any real intrinsic value.
But something doesn’t have to have intrinsic value in order to be extremely expensive. For example, a single painting by Pablo Picasso once sold for more than 100 million dollars. You and I may consider it to be just a silly painting, but because there are people out there that are willing to pay more than 100 million dollars for it, that is how much it is worth.
The same thing is true with cryptocurrencies. At this moment there are people willing to pay more than $16,000 for a single Bitcoin, and therefore that is what it is selling for.
Someday if this craze fades or global governments really start cracking down on cryptocurrencies, things could change very, very rapidly. So anyone that is considering investing should be aware of the risks.
But for the moment Bitcoin is on a wild ride, and it has been fun to watch. And since Bitcoin and other cryptocurrencies are not controlled by the authorities, it is easy to root for them to be successful.
However, now that they are getting so much attention it is inevitable that the heavy hand of government will come down hard at some point. In the end, government usually ends up ruining just about everything, and I have a feeling that cryptocurrencies will be no exception.
Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.
Copyright Information: This article was reprinted with permission from Theeconomiccollaspeblog.com. Please contact the author directly for republishing information.
For almost a decade Gov’t Slaves has worked tirelessly to bring its readers the most critical news the corporate media does not want you to see. We have never asked our readers for a dime, but unfortunately, we have come to a point where we need your help to survive. We have no intrusive ads, pop-ups or clickbait, just NEWS. If you happen to be in a position to support our work, PLEASE consider making a one-time donation below. Your support is humbly appreciated. Thomas @ Gov’t Slaves
19-year-old model recently auctioned off her virginity to a wealthy Abu Dhabi businessman online for over 2 million pounds. She said that she did this in order to pay for school and do some travelling. The bought and paid for encounter will take place in a German hotel where Giselle will be accompanied by security guards to ensure her safety.
The wealthy Abu Dhabi man had to beat out a Russian politician and a Hollywood actor from Los Angeles, to win the auction.
This story has been gaining attention in the media as of late, but is it because this is a shocking story or because our culture has become obsessed with sex? Or better yet, is it another way for humanity to examine our own shadows? Perhaps we can begin to observe and reflect on whether or not we have forgotten our true nature.
‘If I want to spend my first time with someone who is not my first love, that’s my decision,’ she said. ‘The fact that women can do what they want with their bodies and have the courage to live their sexuality free against the critics sets a sign for emancipation’. She added: ‘In retrospect, how many would probably give up their first time if they could have 2.5million Euros instead?’
Giselle’s final statement above about the financial side of this alone shows just how far removed our society has become to the understanding of how sacred the act of sex truly is or is intended to be.
Leaving all judgement of right or wrong aside, simply ask yourself the question; does this feel like something that comes from the heart? Or does it seem to come from the ego? These are the types of questions we’re being begged to ask these days as we are pushed to act from the heart.
Societally there is also quite a disconnect between the physical act of sexual intercourse and what it represents in terms of connection, union and partnership.
Giselle feels that her decision to sell her virginity is a form of emancipation. I suppose that’s one way to do it, and realistically it’s her body so it’s her decision. I want to be clear — I am not here to judge that, but it is important to see the deeper picture here. This story provides us with a great opportunity to reflect on our own thoughts around sex, actions like this and dig deeper to find out what it means to us and society as a whole.
Time To Reflect
Recently, there has been a ton of attention put towards things like sexual harassment, scandals and pedophilia – not just at a general public level but in Hollywood, politics and more. It seems everywhere we turn there is some new sex scandal waiting to be uncovered or something shocking in this realm and this story is exactly that. But what can we take away from this? Can this be viewed as an opportunity to reflect on how our society and culture views sex as a whole? Looking at it from a ‘society can be a mirror’ perspective, are we being challenged to think about these actions and see truly why they are happening? Can we use these experiences to observe our own judgements? Views of sex? How we view genders? Can we begin to see the truth about ‘elite’ individuals and why they have their power?
There may be some of us who look at this story and are shocked or turned off by her actions. But is it possible that instead of feeling this way, that we can see why she might really be doing this? Move into a space of compassion for what may be someone who has lost her way from her heart like many of us have? Begin that conversation amongst friends and family instead of one of pure judgement.
Is Sex Meant To Be Fickle?
Regardless of how we may feel about sex, in your heart does it feel like something that is meant to be fickle? Passed around and disconnected? As we are bombarded with sex, especially in advertisements, is the media doing a good job of keeping us ‘excited’ and disconnected from the true connection and union that can come of sex when it isn’t so casual? Have we become desensitized from its true power?
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Our society is hyper-sexualized in a fickle, mental way. But as we are bombarded with so much sex, we are deeply lacking connection. Sometimes it feels like, both men and women, are slaves to sex in our own ways. We let it rule us at times, letting it tell us whether or not we are loved, worthy, beautiful, desirable etc. Is it meant to be used as a mechanism for this type of control? This type of view of ourselves?
As our consciousness is shifting, and we are beginning to see through this charade, all of these stories, scandals, allegations etc. are coming forward for us to see what’s really going on and take the opportunity to see what it means for us. Once again, this is an opportunity for us to reflect, not judge, and begin to lovingly change the conversation around how we view things like this, sex and ourselves.
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Source Article from http://feedproxy.google.com/~r/Collective-evolution/~3/mOOCqRnqnQQ/
Eaton County, MI — It was announced in 2015 that the officer who shot and killed 17-year-old Deven Guilford for flexing his rights, would not be charged with any crimes. His family was devastated. However, after a long fight in the courts, a judge ruled in August that the federal lawsuit against his killer, Sgt. Jonathan Frost, could proceed to trial on two claims of excessive force. And, this week, the family finally has closure after reaching a $2.4 million settlement.
Deven’s father said the decision to settle was “emotional” and “difficult.” He said the family acted on the advice of their attorneys, but still struggles with finding closure over the death of their son, the Lansing State Journal reported.
“The life we had is no more,” Brian Guilford said Thursday. “I don’t think it’s something people can understand unless they’ve lost a child.”
Although the family agreed in January not to pursue Eaton County in the lawsuit, they have still been footing the bill for Frost’s legal expenses, as well as any settlement or judgment if the case went to trial.
“Ending this matter will hopefully allow the family to mourn their loss privately and not continue to be faced with their pain publicly through the course of a protracted legal battle,” Eaton County Controller John Fuentes said in a statement.
According to the Journal, the settlement requires that the lawsuit be dismissed “with prejudice” and that the Guilford family sign a general release of liability preventing any further claims, James Dyer, an attorney for Eaton County and Frost said in a statement after the settlement was announced.
“We know no settlement amount will bring back their son, but like the Guilford family, Jon thinks about and prays for Deven Guilford every day,” Dyer said. “This settlement will at least help avoid a long, protracted and painful legal battle for everyone involved.”
“I think we did the right thing,” Guilford said through tears. “We do feel some closure, but it’s hard to say how much closure you feel, because today is so emotional. I just pray somehow law enforcement will take a different approach.”
That fateful night in 2015, Deven was traveling along the road and flashed his lights at an officer because his headlights were so bright that they nearly made Deven run off the road. He was then pulled over by Sgt. Frost of the Eaton County Sheriff’s Office, who stopped the young man for no other reason than the fact that he flashed his lights.
When Frost approached the car, Guilford explained that he was simply flashing his lights to be a polite driver, and let the officer know that his high beams were on so he didn’t cause an accident.
The officer began to get aggressive with Guilford when he attempted to flex his rights during the traffic stop. Guilford refused to show the officer his license and registration because he had broken no laws and the officer had no reason to stop him.
Guilford also began recording the encounter with his cell phone and let the officer know that he was filming for his own safety. He then asked the officer if he was being detained and for what reason. He was told that he was being detained because he refused to comply with Frost and show him his ID. However, not showing his ID is a secondary offense, meaning the officer would actually need a real reason to pull him over to begin with.
On a power trip, Frost violently ripped Guilford out of the vehicle and forced him down to the ground. Guilford attempted to remain filming while he complied with the officer’s orders and moved to the ground. Sadly, Guilford was not moving fast enough for Frost, so he tased the young boy. At this time, both the body camera and the cell phone footage cut out.
Off camera, Frost shot and killed the young boy. The known details are sparse because the killing happened out of the view of the dash-cam, and the body camera was turned off at that point. However, the officer claims that the young boy attacked him, so he “feared for his life” and killed him, firing 7 shots from his weapon.
Photos later surfaced of Frost bleeding from the face at the hospital. However, as the judge in the case stated, it was “inconceivable” for Guilford to have inflicted this damage.
“For someone who claims he was being ‘pummeled’ while lying on the ground, it remains curious that there were relatively few injuries to his face and almost no injuries to the back of his head,” federal Judge Paul Maloney, who allowed the lawsuit to continue, wrote. “…Moreover, Guilford had not a single bruise or cut to his hands — almost inconceivable, a jury could conclude, if he was ‘pummeling’ Frost to the point where he feared he would lose consciousness.”
Brian Guilford said the family was thankful for Maloney’s ruling.
“Ultimately, (Frost) knows he killed a very innocent, fun-loving, non-threatening teenage boy. He got killed because he made a police officer mad. No one will ever convince me Frost was afraid when he pulled Deven out of his car. What we really hold on to is Judge Maloney’s ruling and his opinion.”
Source Article from http://thefreethoughtproject.com/cop-kills-devon-guilford-family-settlement/
The federal government will spend $145-million to compensate thousands of people who were purged from the public service because they were gay or lesbian, the largest financial commitment by any national government for past wrongs committed against sexual minorities.
The level of compensation for individuals will be determined by an adjudicator based on the degree of harm they suffered, The Globe and Mail has learned. The funds will also be dedicated to creating a memorial in Ottawa for victims of past LGBTQ discrimination and there will be money for education and memorialization projects across Canada.
Following a series of stories in The Globe and Mail detailing unjust convictions of homosexuals in the past, and unjust dismissals of homosexual members of the military and public service, the Liberal government committed to offering an apology for those injustices, and pardons for those convicted of crimes that are no longer crimes.
Justin Trudeau says he is apologizing for past discrimination against sexual minorities as a way to prevent such discrimination in the future.
“Apologies for things past are important to make sure that we actually understand and know and share and don’t repeat those mistakes,” the Prime Minister said during a question-and-answer session at a conference on social policy in Toronto on Monday.
Although great progress has been made in advancing the rights of LGBTQ Canadians, “there is still so much discrimination that recognizing it will make a big difference,” he added, “and it will also help a whole bunch of people who hopefully wouldn’t have to go through in their future careers the kind of discrimination that happened in the past decades.”
Comment: Except the kind of ‘advancement’ the government is implementing in other related areas is actually quite fascist: Compelled speech comes to Canada: Citizens using the ‘wrong’ gender pronoun could be accused of hate crimes
Mr. Trudeau’s apology will target people who were harassed and dismissed during a purge of homosexuals from the federal public service, the Canadian Forces, the RCMP and the intelligence services over four decades ending in the 1990s.
About 3,000 people may be eligible to make a claim. Many others have died. The redress is the product of an agreement-in-principle reached last week in a class-action lawsuit between victims of the purge and the federal government.
The government will also pardon and expunge the records of those who were convicted under unjust laws that criminalized homosexuality.
In that issue, there are several answered questions about how far the federal government is prepared to go.
The Globe told the story of Everett Klippert, who was labelled a dangerous sexual offender – in effect a life sentence – in 1967 because he repeatedly had sex with other men.
Comment: Except from the article: “He was also no saint. He hooked up with teenagers, both when he was a teenager himself and when he was older.”
At the time of publication, in February, 2016, Mr. Trudeau committed to a posthumous pardon for Mr. Klippert, whose case led to homosexual acts being decriminalized in 1969.
The government also committed to considering a pardon for all men convicted of committing same-sex acts when such acts were illegal.
That commitment launched a process that expanded to Tuesday’s comprehensive apology. But although the government has committed to pardons and to expunging the records of those convicted, the scope of the commitment is unknown.
Will only those convicted of buggery or gross indecency prior to 1969 have their records expunged? Or will it include people convicted of gross indecency – homosexual acts beyond that of two adult men in a private place – before that law was repealed in 1985?
Will convictions be expunged from the public record en masse, or will people need to apply individually?
And will “found-ins” and “keepers-of” – people who were visiting or working in bath houses in the days when police raided those establishments – also be pardoned and have their records expunged? We can expect answers to these questions when the legislation is introduced on Tuesday.
A final question concerns the release of documents. Ottawa has refused to release files surrounding the purge, including such things as memoranda laying out the intent and scope of the policy and the files of individual cases. Much will have been lost during routine shredding of government documents, but much may remain.
The question is whether the government is open to disclosing everything of value left to disclose, while also protecting the privacy of those who were investigated.
Shortly after Hurricane Maria devastated the island of Puerto Rico, the Federal Emergency Management Agency (FEMA) granted a $30 million contract to a Florida-based company. Their job was simple: deliver emergency tarps and plastic sheeting to the island of approximately 3.5 million people. Four weeks later, nada. Because Bronze Star LLC failed to deliver the goods, the botched contract has since been cancelled.
Though Bronze Star LLC was never paid any money, they development is souring nonetheless. Four weeks of inactivity have done nothing to help the island’s approximate 3.5 million citizens rebuild their lives. Furthermore, the resources could have been quite handy in recent weeks, as Puerto Rico has been hit by several dizzying rainstorms. With thousands of people still homeless on Puerto Rico’s streets, many are decrying the government for its slow action.
Based on what we now know, it is unlikely FEMA thoroughly investigated Bronze Star, or its ability to fulfill the contract. Not only was the company founded by two brothers, the $30 million contract was its first — ever. Additionally, the address listed for the business is a single-family home in a residential subdivision.
The Associated Press reports that one of the brothers, Kayon Jones, said the manufacturers he contacted before bidding on the contracts said they could provide the tarps with no problem. But later, they said they could not meet the government’s requirements. Reportedly, supplying the materials was problematic because the majority of the raw materials came from Houston. As you may remember, Houston was hit by Hurricane Harvey in the days preceding Maria.
“The award of a government contract to a company with absolutely no experience in producing the materials sought obviously raises very bright red flags,” Said Dan Feldman, professor of public management at the John Jay College of Criminal Justice at City University of New York. “I would hope and assume that the inspector general for the Department of Homeland Security would begin immediately to take a very hard look at this process.”
On November 6, 2017, FEMA cancelled the contracts with Bronze Star LLC. A few days later, the government notified the brothers that it would seek $9.3 million in damages unless they agreed to sign a waiver that released the U.S. from any liability. Obviously, they agreed. “We were trying to help; it wasn’t about making money or anything like that,” said Jones.
The contracts, which were awarded on October 10, were to provide 500,000 tarps and 60,000 rolls of plastic sheeting. The day after the contract with Bronze Star was cancelled, FEMA restarted the process. A contract has since been awarded to OSC Solutions Inc. to supply plastic sheeting. Reportedly, the company has roughly two decades of federal contracting experience. So far, more than 93,000 tarps have been sent to distribution centers on the island. More supplies are said to follow in the coming weeks.
What are your thoughts? Please comment below and share this news!
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November 29th, 2017
As many as 800 million workers worldwide may lose their jobs to robots and automation by 2030, equivalent to more than a fifth of todayâ€™s global labor force.
Thatâ€™s according to a new report covering 46 nations and more than 800 occupations by the research arm of McKinsey & Co.
The consulting company said Wednesday that both developed and emerging countries will be impacted. Machine operators, fast-food workers and back-office employees are among those who will be most affected if automation spreads quickly through the workplace.
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Source Article from http://www.cryptogon.com/?p=52053
The alleged Russian meddling in the United States 2016 election spawned an ongoing investigation led by Robert Mueller into the Trump Administration’s ties to Russia. Yet deafening silence exists within the mainstream media amid recent revelations that the U.S. has spent nearly $1 million to defeat conservatives in Eastern Europe, using alternative media outlets to do so.
Rex Tillerson’s State Department, who some allege is once again an extension of the deep state, has earmarked $700,000 for an advertising campaign that is reportedly intended to defeat conservative leader and current Prime Minister Viktor Orban. Orban, who has been ferociously critical of George Soros’ influence in the world, is one of the few Western leaders openly calling for an end to the billionaire’s orchestrated upheaval.
Orban stands against forced immigration in Europe, open borders, and progressive influence in his country. So why would the non-progressive Republican administration of U.S. President Donald Trump wish to see Orban defeated in Hungary? Answering the question of “why” may not be as easy as it seems.
In fact, Orban resembles Trump in many ways. He has openly criticized the European Union’s plan to relocate immigrants, just as Trump did in debates leading up to the election. Trump criticized Obama’s immigration plan, calling the relocation of immigrants into the United States a “Trojan Horse.” Orban, in his capacity as the Prime Minister of Hungary, has refused to accept any more illegal immigrants into the country.
Hungary successfully built a border wall, preventing-for the most part-the illegal immigration of mostly Middle Eastern immigrants into his country. Trump has promised to do the same along the border between the U.S. and Mexico.
So, why would the Trump administration, in conjunction with the State Department, sink a ton of money into the country, which in essence resembles the country Trump wishes the U.S. will become? The answer, according to many critics, is that deep state operatives are at work within the State Department, meddling in foreign affairs-just as they have accused Russia of doing in the U.S.
The U.S. is reportedly going about affecting change in Hungary by using alternative media outlets-the exact same way they claim the Kremlin meddled. Yes, that’s right! They are using the $700,000 to prop up alternative media outlets to counter-balance the Orban-sympathetic, state-run media. Sound familiar?
According to the Gateway Pundit:
“Deep state operatives in the State Department despise Orban for his pro-democracy, anti-immigrant positions. It was announced this week that the Tillerson State Department is spending over $700,000 to defeat Orban in Hungary.”
The U.S. Charge’ de Affaires (ambassador) to Hungary is David Kostelancik. He called a meeting in Budapest with the Hungarian Association of Journalists. During the meeting, he outlined the problems he sees within the Hungarian government and how it uses news outlets to control the official narrative. He said:
“Government allies have steadily acquired control and influence over the media market, without objection from the regulatory body designed to prevent monopolies. Most recently, companies affiliated with pro-government figures acquired control of the last remaining independent regional newspapers.
Journalists who work for these outlets- or who used to work for these outlets-tell us that they must follow pro-government editorial guidelines dictated by the outlets’ new owners, and that they do not have the freedom to publish articles that are critical of the government.
The government also directs substantial publicly-funded advertising contracts to the outlets of friendly owners, and almost none to independent outlets. We hear reports that businesses are told they must not advertise with independent outlets, or they will face retribution.”
Now, instead of allowing the Hungarian government to decide its own fate, chart its own course, and allow the Hungarian people to decide who will lead them, the U.S., along with Kostelancik, will begin to prop up those alternative media outlets with an injection of cash. And does anyone believe the alternative media will then remain unbiased, and free to report however they wish? Not a chance!
The State Department, however, sees it quite differently. In an announcement on the State Department’s official website, the government is not hiding the purpose of its infusion of cash into Hungary’s news media organizations. It reads:
“goal is to support media outlets operating outside the capital in Hungary to produce fact-based reporting and increase their audience and economic sustainability. The program should increase citizens’ access to objective information about domestic and global issues of public importance, by enhancing local media’s ability to engage a larger audience, including their print, multimedia, and online readership. The program should improve the quality of local traditional and online media and increase the public’s access to reliable and unbiased information.”
In order to meet its goal of producing unbiased fact-based reporting in Hungary-a country that has nothing to do with the United States – the government promises to provide “training for (Hungarian) journalists.” This sounds a lot like the CIA’s Operation Mockingbird, as TFTP has reported. The announcement by the State Department continues:
“Program activities could include training for journalists and editors and/or media outlets on creative applications of investigative and data journalism, data analysis, and multimedia content production for reaching a wider local audience; providing coaching, training, technical and financial assistance to media outlets; providing national and international exposure to foster local journalists’ professional development; and small grants and tools to help independent local media engage more effectively with their audiences on topics that are important to the community. Activities could also include opportunities for citizens to build their capacities as citizen journalists.”
Wait, what?! The U.S. is openly promising to provide news to Hungarians. Isn’t that what they were accusing Russian news media RT of doing? Given the blatant admission by the State Department, it should also be noted that Trump is complicit in this act as he is actively failing to draw any attention to it.
The State Department’s promise to meddle in Hungarian news media has angered officials in the Hungarian government. The Hungarians are now calling Kostelancik to give an account of his recent comments and the State Department’s actions. It remains to be seen how the United States’ meddling will influence Hungary’s 2018 election, which will determine whether Prime Minister Orban is re-elected.
New York, NY – Notorious New York City businessman, and World Trade Center developer Larry Silverstein, scored another post 9/11 windfall this week, after Silverstein properties reached a $95 million dollar settlement in a civil litigation suit against American Airlines and United Continental Holdings.
The settlement, filed Tuesday with the U.S. District Court in Manhattan, comes after 13 years of ‘hard fought’ litigation. In an email to Reuters, Silverstein properties’ spokesman Bud Perrone said,
“We are pleased to have finally reached a resolution to this piece of post-9/11 litigation,”
Silverstein, who signed a 99 year lease on the World Trade Center just 2 months prior to the attack, has received Over 4.5 Billion dollars stemming from post 9/11 lawsuits. In May of 2007, CBS Moneywatch reported:
“The state and seven insurers have reached a settlement that secures more than $4.5 billion in funding to rebuild ground zero.
About $2.55 billion has already been paid out by two dozen insurers since the Sept. 11, 2001, attacks that destroyed the twin towers. The remaining insurers agreed to pay $2 billion and drop several court battles over how much they owe in insurance to replace the trade center.”
Despite reports of financial trouble, Silverstein opened the rebuilt World Trade Center One in 2014 after reaching out to the New York Port Authority for financial assistance.
While there are hundreds of ‘conspiracy theories’ surrounding Larry Silverstein and the 9/11 attacks, there are certain inconsistencies in the ‘official story’ that remain unanswered over a decade after that tragic day.
Here are six hard-hitting facts that the mainstream media and the political powers have relentlessly attempted to keep hidden from the public.
Coming in at number 1 is perhaps one of the most perplexing of all the facts. Amazingly enough, some folks still believe that only two towers fell that day. The fact that Tower 7, a 47-story building, collapsed, was but a small blip in the media. Since 9/11, World Trade Center Tower 7 is rarely, if at all mentioned in the mainstream media.
Insanely enough, when tower 7 is mentioned to some people, they think that it’s a conspiracy theory that it fell.
However, Tower 7, which was not hit by a plane, in fact, collapsed into its own footprint at free fall speed.
The National Institute of Standards and Technology, (the government agency assigned to investigate the building collapse in the video above) attributes the collapse to the failure of a single column, in a complex scenario involving thermal expansion of beams supporting the column, caused by office furniture burning; a theory that is largely disputed by many experts.
BBC, CNN, FOX, and MSNBC reported the collapse of WTC 7 — well before it happened.
The 911 commission was railroaded. Not only were the commissioners given extremely limited funds to conduct their investigation, but they were also met with dead ends in almost every direction.
For starters, only $15 million was given to investigate 9/11. Compare that to the over $60 million that was spent investigating Clinton’s affairs with Monica and the travesty becomes greater. This was the largest act of murder in recent US history, and more money was spent investigating a philandering president!
Also, Senator Max Cleland, who resigned from the 9/11 Commission after calling it a “national scandal,” stated in a 2003 PBS interview,
“I’m saying that’s deliberate. I am saying that the delay in relating this information to the American public out of a hearing… series of hearings, that several members of Congress knew eight or ten months ago, including Bob Graham and others, that was deliberately slow walked… the 9/11 Commission was deliberately slow walked, because the Administration’s policy was, and its priority was, we’re gonna take Saddam Hussein out.”
In 2006, the Washington Post reported that several members of the 9/11 Commission suspected deception on part of the Pentagon. As reported,
“Some staff members and commissioners of the Sept. 11 panel concluded that the Pentagon’s initial story of how it reacted to the 2001 terrorist attacks may have been part of a deliberate effort to mislead the commission and the public rather than a reflection of the fog of events on that day, according to sources involved in the debate.”
Staying on the topic of the 9/11 commission, in 2004, President George Bush and VP Dick Cheney told the commission that they would not be formally interviewed in relation to the attacks on September 11.
On April 27, 2004 the White House released a statement saying there would be no recording or formal transcription of the interview. The duo also demanded to be interviewed together, against the wishes of the commissioners.
According to the New York Times,
Under a pact with the White House that allowed all its 10 members in the interview, the commission is permitted to take a note taker, but not a recording device. The panel said it did not press for a formal transcription of the session, letting the White House decide.
After the myriad of holes began to form in the official narrative, several dedicated engineers and architects took to their own investigation. Today, there are over 2,300 architects and engineers who’ve signed on to the initiative, all declaring the official story to be false.
The US government admitted they covered up the fact that the Saudi Arabian government supported the hijackers.
“I had to stop every couple pages and…try to rearrange my understanding of history. It challenges you to rethink everything.” – Congressman Thomas Massie describing his experience reading the 28 pages in March 2014.
“The 28 Pages” – part of an 838-page Joint Inquiry into Intelligence Community Activities Before and After the Terrorist Attacks of September 11, 2001 – have been kept almost entirely classified since 2002.
Former Sen. Bob Graham, a co-chairman of the investigation committee and strong advocate of declassifying the information, said, “The 28 pages primarily relate to who financed 9/11 and they point a very strong finger at Saudi Arabia as being the principal financier.”
In July, the 28 pages were finally released, although many parts are still redacted. They show that Graham was right—several figures in the Saudi Arabian government provided assistance to the 9-11 hijackers from within the U.S.
“There is information, primarily from FBI sources, that at least two of those individuals were alleged by some to be Saudi intelligence officers,” reads the first of 28 pages. “The Joint Inquiry’s review confirmed that the Intelligence Community also has information, much of which has yet to be independently verified, indicating that individuals associated with the Saudi Government in the United States may have other ties to al-Qa’ida and other terrorist groups.”
Source Article from http://thefreethoughtproject.com/larry-silverstein-95-million-911-settlement/