Coca-Cola And Nestlé To Privatize The Largest Reserve Of Water In South America

By  Amanda Froelich Truth Theory

Private companies such as Coca-Cola and Nestlé are in the process of privatizing the largest reserve of water, known as the Guarani Aquifer, in South America. The aquifer is located beneath the surface of Brazil, Argentina, Paraguay and Uruguay and is the second largest-known aquifer system in the world.

The major transnational conglomerates are reportedly “striding forward” with their negotiations to privatize the aquifer system. Meetings have already been reserved with authorities of the current government, such as Michel Temer, to outline procedures required for private companies to exploit the water sources. The concession contracts will last more than 100 years.  

The first public conversation about this dilemma was scheduled on the 25th of January, the same day the process of voting for the impeachment of President Dilma Rousseff was opened. As Central Politico reports, “This coincidence was fatal for the adjournment of the meeting.”

“There must be another list of projects to be granted or privatized in the medium term, with auctions that may occur in up to one year, such as Eletrobras energy distributors and freshwater sources,” adds the news site, translated via Google from Portuguese.

This issue extends beyond South America, as all humans will be affected by the decision to privatize the second-largest aquifer system in the world. Essentially, the corporations are profiting off a natural resource that should be freely available to all.

Under the Guarani Aquifer Project’s Environmental Protection and Sustainable Development Project, known as ANA’s Guarani Aquifer Project (SAG), the aquifer would be managed and preserved for present and future generations. Following the conservatives’ victory in Argentina and the coup d’état, pressed for by the ultra right in Paraguay and Brazil, only Uruguay was left to vote on the privatization of the aquifer.

Approximately two-thirds (1.2 million km²) of the reserve is located in Brazilian territory, specifically in the states of Goiás, Mato Grosso do Sul, Minas Gerais, São Paulo, Paraná, Santa Catarina and Rio Grande do Sul. Future generations will ultimately suffer if this deal goes through, which is why human rights organizations around the world are getting involved.

“Organized civil society is alert to possible privatization strategies of transnational economic groups. Since 2003, the Organization of American States (OAS) and the World Bank, through the Global Environment Facility (GEF), have implemented the Environmental Protection and Sustainable Development project to gather and develop research on the Guarani Aquifer , with the objective of implementing a common institutional, legal and technical model for MERCOSUR countries,” says a document from the Human Rights Organization Terra de Direitos.

Nothing will change if we, as a populace, sit idly by and watch greedy individuals exploit the environment and snatch precious resources from present and future generations. If you agree, please share this article to raise awareness.

Image Credit: Wikimedia

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Source Article from https://truththeory.com/2018/02/05/coca-cola-nestle-privatize-largest-reserve-water-south-america/

The House of Cards the Foreign Federal Reserve Bankers Built

Jean-Baptiste Siméon Chardin, Boy building a House of Cards , 1735; Rothschild’s Waddesdon Manor, The Rothschild Collection (Rothschild Family Trusts).

Over the last two years, the Federal Reserve has been nudging interest rates higher and their efforts are starting to bear fruit in the marketplace. Bond yields are beginning to climb.

The question is how high can rates go before the house of cards the central bankers built comes tumbling down?

In a podcast last week, Peter Schiff talked about the bond rate that could break the camels back, arguing that yields of around 4% could spark the next economic crisis.

The last time we had a 4% yield on the 10-year was before the 2008 financial crisis. Basically, that was the yield that broke the camel’s back. Remember, the financial crisis was triggered by rising interest rates on the debt that had been accumulated in the years prior as a result of Alan Greenspan keeping interest rates at 1% for a year-and-a-half and then slowly raising them back up over the course of another year-and-a-half. So, as the Fed was moving interest rates up at a measured pace, by the time they got to the point where rates had gone back up to about 5%, the yield on the 10-year was about 4%. That’s about as high as it was able to go. Then the market all fell apart.”

Economist Dr. Thorsten Polleit recently published an article at the Mises Institute that delves into why the “new economy” created by the central bankers cannot endure even modestly higher interest rates.

As Peter alluded to, it has to do with the ever-increasing levels of debt their easy-money, low interest rate policies encourage.

Artificially depressed borrowing costs are fueling a ‘boom.’ Consumer loans are as cheap as never before, seducing people to increasingly spend beyond their means. Low interest rates push down companies’ cost of capital, encouraging additional, and in particular risky investments – they would not have entered into under ‘normal’ interest rate conditions. Financially strained borrowers – in particular states and banks – can refinance their maturing debt load at extremely low interest rates and even take on new debt easily.”

We also get a psychological effect from central bank policy. The Fed, along with the world’s other central banks, have effectively draped a safety net under the markets.

Investors feel assured that monetary authorities will, in case things turning sour, step in and fend off any crisis.

The central banks’ safety net has lowered investors’ risk concern. Investors are willing to lend even to borrowers with relatively poor financial strength.

Furthermore, it has suppressed risk premia in credit yields, having lowered firms’ cost of debt, which encourages them to run up their leverage to increase return on equity.”

Of course, as debt piles up, any increase in the interest rate will strain borrowers. For instance, normalization of interest rates would crush the US budget under interest payments.

Analysts have calculated that if the interest rate on Treasury debt stood at 6.2% – their level in 2000 – the annual interest payment on the current debt would nearly triple to $1.3 trillion annually. And it’s not just governments that will feel the effect.

Highly leveraged corporations and individuals will also struggle in a higher interest rate environment. And they can’t print money in order to kick the can down the road.

AMERICA IS BROKE

The central banks have created a vicious cycle, as Polleit points out. Coming out of the 1990s, the Federal Reserve pushed up rates and ended the “new economy boom,” better-known as the dot-com bubble. In order to “fix” the problem, the Fed slashed rates and created another massive credit boom, primarily centered on the housing market.

That bubble burst in 2007/2008. In the years since, the Fed has repeated the process and we now have a world full of bubbles just waiting to pop.

With every cycle, the Fed has had take rates to lower levels and keep them there longer. And with each recovery, the peak interest rate that popped the bubble has been increasingly lower. Polleit explains the dynamics in easy to understand terms.

A destructive side effect of fiat money is that the economy’s level of debt keeps rising over time: The growth of credit keeps outpacing production gains. This is because in a fiat money regime, credit-financed investments fall short of their expected profitability, and credit-financed consumption is unproductive.

Quite a few investments turn out to be flops. The economy gets caught in a debt trap. Credit-financed consumption and government spending make it even worse. To be sure: it has become a problem on a global scale.”

“In an attempt to prevent the day of redemption, central banks slash interest rates to ever lower levels to keep the system going.

Once interest rates are lowered, however, they typically cannot (for political reasons, I should hasten to say) be brought back to pre-crisis levels – as this would make the debt pyramid, and with it the economy and the financial system, come crashing down. It is this economic insight that explains why interest rates show a marked trend decline over the last decades in all countries that have adopted fiat money.”

As economist Ludwig von Mises said, “There is no means of avoiding the final collapse of a boom brought about by credit expansion.” This house of cards will collapse. It’s not a question of “if,” but “when.”

Schiff Gold

Related News:

  1. Silver Expected To Outperform Gold In 2018
  2. Americans Want Nullification Of Banker’s Counterfeit Debt
  3. Ron Paul: Repeal The 1913 Rothschild Federal Reserve: The Hidden Treasonists
  4. Silver Is a Strong Buy 2018: “The Last Straw” For The Large Paper Speculators, who have “thrown in the towel”

 

Source Article from https://politicalvelcraft.org/2018/01/29/the-house-of-cards-the-foreign-federal-reserve-bankers-built/

Ron Paul: Repeal The 1913 Rothschild Federal Reserve: The Hidden Treasonists!

The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government.

If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts.

Morgan, Chase and Citibank formed an international lending syndicate.

JP Morgan Chase

The House of Morgan ~ Rothschild Agent:

The Federal Reserve Bank was born in 1913, the same year US banking scion J. Pierpont Morgan died and the Rockefeller Foundation was formed.

The House of Morgan presided over American finance from the corner of Wall Street and Broad, acting as quasi-US central bank since 1838, when George Peabody founded it in London.

Peabody was a business associate of the Rothschilds. In 1952 Fed researcher Eustace Mullins put forth the supposition that the Morgans were nothing more than Rothschild agents.

Mullins wrote that the Rothschilds, “…preferred to operate anonymously in the US behind the facade of J.P. Morgan & Company”.

Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.”  The Morgan financial octopus wrapped its tentacles quickly around the globe.

Morgan Grenfell operated in London. Morgan et Ce ruled Paris. The Rothschild’s Lambert cousins set up Drexel & Company in Philadelphia.

The House of Morgan catered to the Astors, DuPonts, Guggenheims, Vanderbilts [CNN Sodomite Anderson Cooper From The Vanderbilt Family ~ Trained CIA agent] and Rockefellers.

It financed the launch of AT&T, General Motors, General Electric and DuPont. Like the London-based Rothschild and Barings banks, Morgan became part of the power structure in many countries.

By 1890 the House of Morgan was lending to Egypt’s central bank, financing Russian railroads, floating Brazilian provincial government bonds and funding Argentine public works projects. A recession in 1893 enhanced Morgan’s power.

That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold.

Morgan was the driving force behind Western expansion in the US, financing and controlling West-bound railroads through voting trusts.

In 1879 Cornelius Vanderbilt’s Morgan-financed New York Central Railroad gave preferential shipping rates to John D. Rockefeller’s budding Standard Oil monopoly, cementing the Rockefeller/Morgan relationship.

The House of Morgan now fell under Rothschild and Rockefeller family control.

A New York Herald headline read, “Railroad Kings Form Gigantic Trust”. J. Pierpont Morgan, who once stated, “Competition is a sin”, now opined gleefully, “Think of it. All competing railroad traffic west of St. Louis placed in the control of about thirty men.”

In 1913 the Federal Reserve Bank was born, with Paul Warburg its first Governor. Four years later the US entered World War I, after a secret society known as the Black Hand assassinated Archduke Ferdinand and his Hapsburg wife.

The Archduke’s friend Count Czerin later said,“A year before the war he informed me that the Masons had resolved upon his death.”

That same year, Bolsheviks overthrew the Hohehzollern monarchy in Russia with help from Max Warburg and Jacob Schiff, while the Balfour Declaration leading to the creation of Israel was penned to Zionist Second Lord Rothschild.

In the 1920’s Baron Edmund de Rothschild founded the Palestine Economics Commission, while Kuhn Loeb’s Manhattan offices helped Rothschild form a network to smuggle weapons to Zionist death squads bent on seizing Palestinian lands.

General Julius Klein oversaw the operation and headed the US Army Counterintelligence Corps, which later produced Henry Kissinger.

Transcript

Ron Paul:

Hey, thank you. End the Fed, hey! Along with the IRS. Let’s repeal 1913 and we’d all be better off. Now, it’s great to be here. You know, sometimes I give speeches on the House floor and there’s nobody there.

I like to leave the House floor and I like to go to America. I like to go to Texas and other states because people actually cheer what I say, and I like that. You know, I’m sure everybody here has talked a lot about taxes and this is tax day.

But taxes, in many ways, are nothing more than a symptom. The taxes that we pay are a symptom of runaway government.

And that is the problem. It is the fact that we have allowed our government to be so big and out of control – the Congress doesn’t control it, the executive branch has more control than they deserve and the courts have more control than they deserve.

What wee need is a strong Congress to rein in the executive branch and the courts to get back to a constitutional government. I have a belief about taxes and I believe that taxes, indeed, are theft; stealing from the people.

You may have seen this on the Internet, I have a bumper sticker on my desk that everybody that comes to my offices sees, that says, “Don’t steal, the government hates competition”.

But the government taxes us in many ways. I think of spending as the culprit, because think of spending as being the tax. And then it’s paid for in many different ways; they do tax us and it’s way too high.

But they never tax enough to pay the bills. So what do they do? They endlessly borrow, and they borrow so much and then interest rates go up and that doesn’t work.

So then what do they do? They resort to the printing press, and the Federal Reserve is the culprit that finances big government. And that’s exactly right.

Eventually, if we’re going to have a republic, we’re going to have sound money.

The Constitution is very clear: only gold and silver can be legal tender, not paper money. Now why is it that even the Federal Reserve is involved in taxation? When they print money, they devalue your currency.

Anytime you complain about a high price, you’re paying a tax. So it is a tax, and the big sin, of course, is the big spending.

Politicians, up until just recently, were always rewarded by spending money and telling their constituents back home, “I’m going to get you whatever you want”.

Well, those days are over, and you’ve helped end those days. Now, the Federal Reserve serves two special interests in Congress.

There are two types of spending that we have to be concerned about. One is the liberal spending; we know all about that.

They like to take over your lives because they consider you too stupid to take care of your lives yourself. So they have to take care of you from cradle to grave, so they justify that.

Ron Paul

Did you know Rothschild financed Lenin in 1913 to over throw the Monarch of Russia in order to centralize the banking system to his London base?

WHEN PUTIN WAS ELECTED PRESIDENT of Russia in 2000, Russia was bankrupt. The nation owed $16.6 billion to the Rothschild-run International Monetary Fund while its foreign debt to the Rothschild-controlled Paris & London Club Of Creditors was over 36 billion dollars.

But Putin took advantage of the current boom in world oil prices by redirecting a portion of the profits of Russia’s largest oil producer Gazprom so as to pay off the country’s debt. The continual surge in oil prices greatly accelerated Russia’s capacity to restore financial sovereignty.

By 2006 Putin had paid off Russia’s debt to the Rothschilds. Russia’s financial dependence on the Jewish financiers was now over. Putin could then establish what became his Russian Unity Party’s 2007 campaign slogan: Putin’s Plan Means Victory For Russia! This slogan continues to make the New World Order Zionists very nervous…Here.

UK’s Rothschild Loses “Puppet Master” Libel Case: Rare Legally Documented Insight Into The Conspiracy Of The Richest 1% NWO Puppet Masters.

U.S. ‘Ashamed’ Of Gorbachev Lies: Putin Pulling Russia ‘Back Into the Past’ ~ Truth Is ~ Putin Kicked Out Rothschild From Russia And Is Now Sovereign!

(1917)

Did you know that Sun Yat Sen was born in China moved to Hawaii (where he received a COLB just like obama) in order to escape the death penalty and then return to China in 1917 to establish the centralization of the banking system to Rothschild London base followed by Mass Murderer Mao Tse Tung?

(1913)

Did you know that in 1913 Rothschild paid cronies voted for his Federal Reserve inside the United States Of America?(D)Did you know Rothschild Banks has been stopped before and that some of our Presidents have been assassinated by this Bastard Banking Family?

Ron Paul: Most Consistent Unrelenting Champion of Liberty.

He has never voted to raise taxes.He has never voted for an unbalanced budget. He has never voted for a federal restriction on gun ownership. He has never voted to raise congressional pay. He has never taken a government-paid junket. He has never voted to increase the power of the executive branch.

He voted against the Patriot Act.He voted against regulating the Internet. He voted against the Iraq war.

He does not participate in the lucrative congressional pension program.He returns a portion of his annual congressional office budget to the U.S. treasury every year.

Congressman Paul introduces numerous pieces of substantive legislation each year, probably more than any single member of Congress.

Ron Paul: Government is too big. The role of government ought to be for the protection of liberty, not for the intrusion in economic affairs.

We’ve spent too much, we taxed too much, we borrowed too much. It’s bankrupting this country! I’ve been talking about these problems for a long, long time. Now we’re bankrupt and we have to decide which way we’re going to go.

ANALYSIS | Republican Representative Ron Paul, R-Texas, is far more libertarian in his economic views than most of his opponents. His views on fiscal responsibility have been well-documented during his many years in the U.S. House of Representatives.

Here is a look at Ron Paul’s economic policies.

On Taxes: Drastic Cutting Is Key

Paul has said he wouldn’t raise the debt ceiling, would veto unbalanced budgets, and opposesunfunded mandates and regulations on small businesses. He’s against income, capital gains, and “death taxes,” pledging to eliminate them all. He’s also for eliminating the Internal Revenue Service(IRS).

He feels a flat tax or fair tax would be better than the current income tax system, but still thinks the 16th Amendment, which allows Congress to impose an income tax, needs to be repealed.

On ‘Class Warfare’: In Favor of a Little Against ‘The Ones Who Rip Us Off’

Paul doesn’t agree with his more vocal opponents, Herman Cain and Mitt Romney, in saying that demonstrations are a form of class warfare: “I do agree that there’s a mal-distribution in wealth in this country.”

“Entitlements end up going to the rich anyway,” he told reporters at an event sponsored by the Christian Science Monitor. “Some of them should be attacked. The ones who rip us off, the ones who get bailed out.”

On Economic Recovery: Blame Spending

According to Paul’s campaign site, he believes that “excessive spending, artificial credit, and market manipulation crashed our economy, and no one should be surprised that these same policies continue to prolong the suffering for millions of Americans.”

He thinks we’re sending jobs overseas due to a program of “deliberately weakening our currency.”

On the Federal Reserve: End It

This is a topic Paul enjoys discussing. He’d like to see the Federal Reserve abolished. One of his books is titled “End the Fed.”

During a June 13 debate in Manchester, N.H., he explained that the financial crisis could be linked to the fed. “We got in the trouble because we had a financial bubble, and it’s caused by the Federal Reserve,” he said.

“If you don’t look at monetary policy, we will continue the trend of the last decade. We haven’t even – we haven’t developed any new jobs in the last decade. Matter of fact, we’ve had 30 million new people and no new jobs, and it’s because they don’t – the people don’t understand monetary policy and central economic planning things.”

He sponsored H.R. 459, the Federal Reserve Transparency Act of 2011, which directs the Comptroller General to audit the Board of Governors of the Federal Reserve System and the federal reserve banks, then provide a report to Congress.

On Unemployment: Failed Policy Cause of Problems

Paul commented on the Labor Department’s jobs report for September 2011:

“The national unemployment rate of 9.1 percent for the month of September says nothing new about our failed experiment with Keynesian economics. Simply put, all these years of Washington deficit spending and money printing did not move the labor market.”

Yahoo

Lew Rockwell

 

Source Article from https://politicalvelcraft.org/2018/01/24/ron-paul-repeal-the-1913-rothschild-federal-reserve-the-hidden-treasonists/

Federal Reserve vice chairman declares Bitcoin a serious risk to financial stability… crypto markets PLUNGE

Image: Federal Reserve vice chairman declares Bitcoin a serious risk to financial stability… crypto markets PLUNGE

(Natural News)
The private central banking cartel is so worried about losing its grip on the financial instruments of the world that this mafia-like group of robber barons is now claiming that digital “cryptocurrencies” like Bitcoin “pose serious financial stability issues.”

At the recent 2017 Financial Stability and Fintech Conference, Federal Reserve vice chairman of supervision Randy Quarles stated that people pulling their money out of fiat currencies like the United States dollar and putting them into cryptos like Bitcoin “may not pose major concerns at their current levels of use,” but that in time, “more serious financial stability issues may result if they achieve wide-scale usage.”

Sponsored by the Federal Reserve Bank of Cleveland, this meeting at which Quarles spoke dealt with all sorts of issues ranging from general financial stability to the role of the private Federal Reserve in issuing and controlling what most people today falsely assume is a public, government-issued currency (in reality, the U.S. dollar is a fake fiat currency controlled by a private group of individuals working on behalf of their own interests).

While rumors have recently begun to circulate that the Federal Reserve might be considering the issuance of its own Bitcoin knockoff in the near future, the private banking group has since denied such claims, insisting that its Monopoly-like Federal Reserve Notes are probably here to stay.

At the same time, both the Trump administration and the Federal Reserve have indicated that they intend to “keep an eye” on Bitcoin (as if they’re some kind of all-powerful entity that gets to decide who puts their money where).

“The [Bitcoin situation] is something that is being ‘monitored’ by our team – Homeland Security is involved,” White House Press Secretary Sarah Huckabee Sanders stated recently upon being asked by a reporter if President Trump has an opinion on Bitcoin.

“I know it’s something that he’s [Trump] keeping an eye on – And we’ll keep you posted when we have anything further on it.”

Federal reserve hilariously says Bitcoin is backed by nothing while ironically ignoring that the dollar is also backed by nothing

In a humorously ironic explanation as to the alleged “drawbacks” of cryptocurrencies like Bitcoin, Quarles added at his meeting that these digital assets aren’t backed by anything of actual value, and neither do they have any “intrinsic” value.

What makes such a claim absolutely ludicrous is the fact that the U.S. dollar is similarly worthless, backed only by the promise of value and people’s trust that it even hold value. The only difference between Bitcoin and the U.S. dollar is the fact that the U.S. dollar is printed on a piece of paper.

Meanwhile, Bitcoin prices have been all over the place after reaching an all-time high of nearly $12,000 per coin. And while the prospects of profiting from this boom might be tempting to many casual observers who are just now learning about Bitcoin, some financial experts warn that the risks are simply too great.

According to CNBC‘s Vitor Constancio, for instance, the price fluctuations of Bitcoin make it “a speculative asset by definition.” He also says that anyone who invests in Bitcoin is “taking that risk of buying at such high prices.”

“We don’t have responsibility or even instruments that point to particular prices of particular assets, that is certainly not the role of central banks,” he claims.

Others, however, insist that Bitcoin is only heading “to the moon,” at this point. Famed stock picker Ronnie Moas is convinced that Bitcoin will reach a price of $20,000 per coin by 2018, even despite split-adjusted price changes resulting from splits and forks.

Sources for this article include:

FederalReserve.gov

NaturalNews.com

Bitcoin.com

CoinTelegraph.com

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Source Article from http://www.naturalnews.com/2017-12-05-federal-reserve-vice-chairman-declares-bitcoin-a-serious-risk-to-financial-stability-crypto-markets-plunge.html

WATCH: Cotton County Reserve Deputy Suspended After Being Charged With Three Crimes


WALTERS, OK – A Cotton County Reserve Sheriff’s Deputy is suspended after being charged with three crimes Thursday.

26-year-old Chase Berry is charged with disturbing the peace, obstructing an officer and breaking and entering, all misdemeanors.

Police said it all stems from a domestic incident Tuesday night on West Nebraska street in Walters. Court records say it started when someone called Berry and told him his ex-girlfriend and his daughter were seen at a store with another man. When Berry heard, police say he drove to his ex-girlfriend’s home, broke in and tried to leave with his young daughter.

The ex-girlfriend said when Berry showed up, she locked the door. She said Berry told her he was there looking for her new boyfriend and was threatening to hurt him. When she refused to let Berry into the home, she said he forced his way inside, grabbed their daughter and tried to leave. The woman called the police and as Berry was leaving, Walters police officer Brooke Stranahan arrived on the scene.

“She attempted to do an investigation to find out what was going on at the residence to make sure everyone was safe,” said Walters Police Department Public Information Officer Ben Lehew. “The individual she encountered would not stop and comply with her request. He continued telling her she had no business there, she had no jurisdiction there. As the conversation continued, he became aggressive with the officer and came at her. At that point in time, she repelled him, pushed him away and handcuffed him.”

After Berry was placed under arrest, his car was searched and police found a loaded handgun and a loaded shotgun. The investigation is still ongoing but Lehew said he is disappointed with the way this entire situation has unfolded.

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$20 Trillion US Debt Should Keep People Awake At Night: Federal Reserve




Home » Economy, Financial Crisis, North America » $20 Trillion US Debt Should Keep People Awake At Night: Federal Reserve













 






With Congress wrestling over a tax reform plan that critics say would explode the government budget deficit, Federal Reserve Chair Janet Yellen said she also is concerned over the surging level of public debt.

A Senate committee passed the GOP-sponsored proposal, which would slash the corporate tax rate and lower individual income rates for many Americans.

However, the price tag of the plan is in the area of $1.5 trillion at a time when the Congressional Budget Official already is projecting a deficit of more than $1 trillion in the years ahead and with the total debt level at $20.6 trillion and rising. Of that total, $14.9 trillion is owed by the public.

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Texas Shifts Away From The Federal Reserve: State’s New Silver Gold Bullion Depository

Texas Silver Gold Bullion Depository

AUSTIN, Texas (Nov. 15, 2017) – The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Federal Reserve’s monopoly on money.

Gov. Greg Abbot signed legislation creating the state gold bullion and precious metal depository in June of 2015. The facility will not only provide a secure place for individuals, business, cities, counties, government agencies and even other countries to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in business transactions. In short, a person will be able to deposit gold or silver in the depository and pay other people through electronic means or checks – in sound money.

Earlier this summer, Texas Comptroller Glenn Hegar announced Austin-based Lone Star Tangible Assets will build and operate the Texas Bullion Depository.

On Nov. 3, the company announced it will construct the facility in the city of Leander, located about 30 miles northwest of Austin. According to the Community Impact Newspaper, the Leander City Council has approved an economic development agreement with Lone Star. Construction of the depository is expected to begin in early 2018. Lone Star officials say it will take about a year to complete construction of the 60,000-square-foot secure facility located on a 10-acre campus.

The depository will operate out of Lone Star’s existing facilities during construction. It will provide services nationwide beginning in early 2018, with international services to be offered in the future phases, according to Community Impact.

“This state-of-the-art facility will provide tremendous benefits to the citizens of Leander and will give Texans a secure facility right here in the Lone Star State where their gold and precious metals will be kept safe and close at hand,” Hegar said in the press release.

The Texas Bullion Depository has already established an online presence. You can visit the depository website HERE.

According to an article in the Star-Telegram, state officials want a facility ‘with an e-commerce component that also provides for secure physical storage for Bullion.’ Officials say plans for a depository should include online services that would let customers accept, transfer and withdraw bullion deposits and related fees.

U.S. Constitutional Silver Eagle

By making gold and silver available for regular, daily transactions by the general public, the new law has the potential for wide-reaching effect.

Professor William Greene is an expert on constitutional tender and said in a paper for the Mises Institute that when people in multiple states actually start using gold and silver instead of Federal Reserve notes, it would effectively nullify the [zionist foreign controlled] Federal Reserve and end the federal government’s monopoly on money.

“Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do ~ will lead to a ‘reverse Gresham’s Law’ effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes).

“As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions.”

University of Houston political science professor Brandon Rottinghaus called the development of a state gold depository a step toward independence.

“This is another in a long line of ways to make Texas more self-reliant and less tethered to the federal government. The financial impact is small but the political impact is telling, Many conservatives are interested in returning to the gold standard and circumvent the Federal reserve in whatever small way they can.”

The Texas gold depository will create a mechanism to challenge the federal government’s monopoly on money and provides a blueprint for other states to follow. If the majority of states controlled their own supply of gold, it could conceivably make the [zionist foreign controlled] Federal Reserve completely irrelevant.

State bullion depositories are one of four steps states can take to help bring down the Fed.

Tenth Amendment Center

Texas Silver Gold Depository

 

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  4. South Korea’s Silver Hi-Tech Exports: Economy Grows At Fastest Rate In 7 Years
  5. End Of Rothschild’s Deep State Economic Caliphate: The Bluff Will Finally Be Called…
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Source Article from https://politicalvelcraft.org/2017/11/16/texas-shifts-away-from-the-federal-reserve-states-new-silver-gold-bullion-depository/

Federal Reserve Sued by Marijuana Credit Union

CBD

A credit union serving the marijuana industry has sued the Federal Reserve, asking a federal judge to enforce the 10th Circuit’s order to grant the credit union a master account despite its ties to pot.

The marijuana industry came closer to being able to do banking when in June the 10th Circuit overturned an order that barred Colorado-based Fourth Corner Credit Union from obtaining a master account from the Federal Reserve Bank of Kansas City. The credit union first sued the Fed in 2015.

“In both district court and our court, Fourth Corner has promised to service marijuana-related businesses only if such service is legal,” Circuit Judge Robert Bacharach wrote for the 10th Circuit panel this past June. “In the face of these assurances, the Federal Reserve Bank of Kansas City has continued to resist granting a master account to Fourth Corner. In light of this continued resistance, we know with relative certainty that the Federal Reserve Bank of Kansas City will continue to refuse a master account even if Fourth Corner reiterates the promises that it has made in district court and in our court.”

Following the 10th Circuit ruling, Fourth Corner verified that its paperwork was in order and reapplied. But according to the credit union’s latest lawsuit filed Friday, the Federal Reserve Bank still hasn’t issued the master account required for electronic banking.

While the Federal Reserve Bank has not denied a master account outright, the credit union says it has asked for unnecessary supplemental documents and delayed well beyond the typical turnaround of five to seven business days.

“The processing of a master account request is a ministerial act,” the credit union says in its lawsuit. “(The Federal Reserve Bank) must issue a master account to all depository institutions located in the 10th Federal Reserve District that request a master account. Federal Reserve Bank of Kansas City does not regulate or supervise state-chartered credit unions.”

The credit union says the only authority able to prevent it from operating is the Colorado Division of Financial Services, which gave its approval in 2014.

Since then, Fourth Corner has aimed to solve the cannabis industry’s biggest problem: marijuana is the only tax-abiding billion-dollar industry in the United States operating almost exclusively on cash.

To date, 28 states have approved some kind of medical marijuana program and eight have legalized the substance for recreational use. But the plant’s federal status as a Schedule I drug means marijuana-related businesses are prohibited from making bank transactions.

This means the industry operates without payroll, direct deposits and credit card transactions. Additionally, they are uniquely required to hand deliver their taxes to the Internal Revenue Service.

Although Fourth Corner is the first credit union to fight for the right for cannabis businesses to bank, it will not be the last.

“On Jan. 1, 2018, retail marijuana sales will begin in California,” the credit union says in its lawsuit. “The state of California is the world’s sixth largest economy, only outpaced by the United States as a whole. This event magnifies the untenable cash-only situation exponentially and could trigger a change in federal law to authorize depository institutions to serve marijuana related businesses.”

In an email, the credit union’s attorney Marc Mason said the Fed’s refusal to issue a master account violates Colorado’s sovereign right to charter financial institutions.

“Fourth Corner believes that its second lawsuit will result in Fourth Corner obtaining its master account so it can move forward with its ultimate mission to bring fully legitimate banking to marijuana related businesses,” Mason said. “The lawsuit should affirm Colorado’s sovereign right to charter (without federal interference) financial institutions it believes will further the best interests of the state and its citizens.

“Once the master account is obtained, Fourth Corner can take the next steps to achieve its goal.”

Fourth Corner seeks an order requiring the Federal Reserve Bank to immediately grant it a master account.

The Federal Reserve Bank did not immediately respond to requests for comment.

Copyright Information: This article was reprinted with permission from courthousenews.com. Please contact the author directly for republishing information.


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Source Article from http://govtslaves.info/2017/10/federal-reserve-sued-by-marijuana-credit-union/

Tesla Unlocks Battery Reserve After Irma Victims Complain









 






Elon Musk can giveth, and he can taketh away, as proven this weekend when Tesla decided to temporarily grant some Florida customers a longer travel range to get clear of incoming Hurricane Irma.

Tesla delivered software updates to some of its vehicles in the Sunshine State, unlocking the full potential of their batteries, which amounted to approximately 30-40 extra miles of travel for those fleeing the storm.

Certain Tesla vehicles are limited to 80% of battery usage unless customers purchase upgrades, and the typical range for these models is between approximately 200-265 miles with optimal conditions and driving habits.

The temporary upgrades, which will only function for a brief period before they are retracted, would normally cost users between $4,500 and $9,000, and are transmitted to the vehicle over the air via WiFi.

Tesla was contacted by a customer who needed the additional mileage in order to escape a mandatory evacuation zone, prompting the company to unlock the batteries of other vehicles in the region.

“We reached out to Tesla and a representative confirmed that the company has put in place the emergency measure to temporarily extend the range of the vehicles of Tesla owners in the path of Hurricane Irma,” reports Electrek. “A Tesla Model S 60 owner in Florida reached out to us with almost 40 more miles than in his usual full charge and a new ’75’ badge in his car software.”

“While he didn’t ask for it nor knew why it changed, Tesla had temporarily unlocked the remaining 15 kWh of the car’s software-limited battery pack option to facilitate the owner’s evacuation.”

Tesla’s network of ‘Supercharger’ stations in Florida is ample for driving long distances in normal conditions, but due to heavy traffic creating lengthy travel times, and some of the charging stations being closed or operating at “reduced service,” the extra battery life was likely a relief for some drivers.

As many are likely to be surprised by what Electrek calls an “unforeseen feature,” it should raise important questions about free movement and the implications of vehicles that are beholden to centralized control – whether to a corporation, government, or hackers.

This scene from 2002’s Minority Report gives a chilling example of what it could look like if ‘authorities’ decide to remotely commandeer your vehicle against your will – an especially unsettling scenario considering the tenuous nature of identity protection, most recently demonstrated by the exposure of 143 million Americans’ personal information in a massive security breach at Equifax.

In 2015, WIRED magazine demonstrated a Jeep Cherokee being wirelessly hacked, enabling the rogue controllers to override the driver and operate primary functions of the car, including braking, accelerating, and steering.

According to users on a Tesla message board, the provisional upgrades will be canceled on September 16.

Source




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Source Article from http://feedproxy.google.com/~r/TheEuropeanUnionTimes/~3/HjBJQSto75g/

Snow recorded on August 31st at Laurentides Wildlife Reserve, Quebec

    

The fall seems to be in a hurry to settle in Quebec, while some regions have already experienced, in the night from Thursday to Friday, their first fall of snow, particularly in the Laurentides wildlife Reserve.

A few flakes fell on the road 175 as evidenced by the images captured by the hunter of storms Mathieu Bordage on the approach of the Stage, half-way between the Quebec region and the Saguenay – Lac-Saint-Jean.

In the morning, the mercury ranged between 1 and 3 degrees, resulting in some snow showers, without, however, that it accumulates on the ground. A white carpet was still visible on vegetation.

“This is not common, but this is not abnormal either, it is already seen. The month of September, it is autumn that is settling and we have less sun so the temperature difference increases between the nights become quite cold, and the days remain comfortable,” said Amélie Bertrand, meteorologist at Environment Canada.

In such conditions, the mountainous terrain are more likely to receive a few flakes.

In Fermont also

The summer also seemed to be already complete on the North Shore, particularly in Fermont, where up to 10 inches of snow were expected. A little less than five centimeters are finally fallen.

The record for snow in August for the sector dates back to 2009. This year, a total of 6 inches fell on the 27th of August.

According to Environment Canada meteorologist, if the temperatures cool off on the entire territory of quebec, they remain in the normal season.

Source Article from https://www.sott.net/article/360975-Snow-recorded-on-August-31st-at-Laurentides-Wildlife-Reserve-Quebec