BREAKING: Anthony Blinken in Israel says the U.S. is fully prepared to defend the country.

@GeneralMCNews

BREAKING: Israeli airstrikes are now targeting Lebanon just minutes after Tony Blinken announced that the US would continue to “protect” Israel.

@GeneralMCNews

You will NEVER see Joe Biden again.

@ShadowofEzra

Did President Trump just insinuate that they are gonna release something on Kamala at the right time?

“People don’t know who she is… and when they find out… I think you’re gonna see something.”

October surprise? 😉

Meet The New Boss – Not The Same As The Old Boss

This move essentially merges the Fed and Treasury into one organization. So, meet your new Fed Chairman, Donald J. Trump. Ha! Take that you globalists banksters! For all intents and purposes, the Fed was just bankrupted. I was talking with Economist Dr. Kirk Elliott, nominated for two Trump committee positions, who basically stated that since this is occurring right now in real time and to date with no official announcement yet from Washington, this is what we know thus far.

The Fed (by previous mandate), was only able to buy official government securities and were autonomous to the White House. With the new arrangement the Fed was just neutered. The Treasury department will now determine which markets / segments need capital (could be stocks, municipals, specific industries, even corporate debt—doesn’t appear there is a restriction). The Treasury department gets to tell the Fed to print money and how much. All the FED does is print that much money. No decision making or authoritative control. A third party (Blackrock) executes the trades that the treasury department dictates. This gets everything out of the hands of the FED except for the printing of money.
In the Bloomberg opinion article published by Yahoo yesterday, “The Fed’s Cure Risks Being Worse Than the Disease“, we have learned a few things. According to this article, the Fed will finance a special purpose vehicle (SPV), to allow them to buy commercial paper, asset-backed securities, corporate bonds and bond ETFs in the secondary market. The Fed will finance SPV (special purpose vehicles). The Treasury, and NOT the Fed, will buy all the securities to back stop the loans. The Fed is basically being nationalized. The Fed is providing the money to do it. Blackrock does the trades. The Fed merges with treasury. The CB is basically being taken over. Ah yes, the Corona crisis. Never let a crisis go to waste. Nothing will stop us now. This is phase one of the Central Bank take down of the system. Don’t forget President has been lining up gold bugs to man these areas, with people like Judy Shelton for example. So what’s next as part of this reset? The restoration of sound money and new policies on global trade.

The US Treasury will now own the secured assets and interest on our $22 trillion of Federal debt and the Fed will be the one who owes all of that $22 trillion. This may take a few months to transition. So the Fed has been reduced to a debt saddled private bank who for a period of time will simply process transactions like a wall street brokerage firm for small transaction fees, good luck with that business model. Meanwhile the US Treasury will hold the collateral on that debt not the Fed and that makes the debt an asset to us. In essence, the Treasury is sort of raiding the Fed right now and of course this is legal, using their own tools against them as the President has done all along during the past nearly four years now. It took us 107 years to turn this around. Thank God it has begun.

To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.

So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.

🤔#Hmmm OMG!!! another #Wresteler