Some things not covered in detail by MSM that appear to be critical to understanding where we are.
13MAR2020; "Proclamation on Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak": https://trumpwhitehouse.archives.gov/presidential-actions/proclamation-declaring-national-emergency-concerning-novel-coronavirus-disease-covid-19-outbreak/
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States, by the authority vested in me by the Constitution and the laws of the United States of America, including sections 201 and 301 of the National Emergencies Act (50 U.S.C. 1601 et seq.) and consistent with section 1135 of the Social Security Act (SSA), as amended (42 U.S.C. 1320b-5), do hereby find and proclaim that the COVID-19 outbreak in the United States constitutes a national emergency, beginning March 1, 2020.
This may be the very first legal act taken by DJT to place the United States into a "state of war". As a wartime C-I-C DJT had virtually unlimited powers to protect the country per his oath and duty per Article II of the Constitution. This "wartime power of the President/C-I-C" has been recently affirmed by SCOTUS and also has 170+ years of historical precedent.
27MAR2020 Bloomberg; "The Fed’s Cure Risks Being Worse Than the Disease": https://i-uv.com/the-feds-cure-risks-being-worse-than-the-disease/
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.
The previously private and independent corporation Federal Reserve Bank was moved under the Treasury through effective "Nationalization" of the FRB, making all Federal Reserve Board members employees of the Treasury and U.S. Federal gov't rather than representatives of the private bank owners of the Federal Reserve Bank Corporation. Suspected ownership was by 6 largest banks in U.S.
Contrast 27MAR2020 "full mobilizaiton" with this 15MAR2020 weaksauce beta-male statement from the Federal Reserve Bank issued prior to their "nationalization" 12 days later: https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315a.htm
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals. To support the smooth functioning of markets for Treasury securities and agency mortgage-backed securities that are central to the flow of credit to households and businesses, over coming months the Committee will increase its holdings of Treasury securities by at least $500 billion and its holdings of agency mortgage-backed securities by at least $200 billion. The Committee will also reinvest all principal payments from the Federal Reserve's holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities. In addition, the Open Market Desk has recently expanded its overnight and term repurchase agreement operations. The Committee will continue to closely monitor market conditions and is prepared to adjust its plans as appropriate.
The Treasury Department was one of the specific Executive Branch Departments taken over by Lincoln and co-opted to do specific things under the Lincoln wartime government 1861-65. (War Dept and State Dept were two other of the key Departments with key wartime roles directly controlled by Lincoln.)
Some things not covered in detail by MSM that appear to be critical to understanding where we are.
13MAR2020; "Proclamation on Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak": https://trumpwhitehouse.archives.gov/presidential-actions/proclamation-declaring-national-emergency-concerning-novel-coronavirus-disease-covid-19-outbreak/
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States, by the authority vested in me by the Constitution and the laws of the United States of America, including sections 201 and 301 of the National Emergencies Act (50 U.S.C. 1601 et seq.) and consistent with section 1135 of the Social Security Act (SSA), as amended (42 U.S.C. 1320b-5), do hereby find and proclaim that the COVID-19 outbreak in the United States constitutes a national emergency, beginning March 1, 2020.
This may be the very first legal act taken by DJT to place the United States into a "state of war". As a wartime C-I-C DJT had virtually unlimited powers to protect the country per his oath and duty per Article II of the Constitution. This "wartime power of the President/C-I-C" has been recently affirmed by SCOTUS and also has 170+ years of historical precedent.
27MAR2020 Bloomberg; "The Fed’s Cure Risks Being Worse Than the Disease": https://i-uv.com/the-feds-cure-risks-being-worse-than-the-disease/
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.
The previously private and independent corporation Federal Reserve Bank was moved under the Treasury through effective "Nationalization" of the FRB, making all Federal Reserve Board members employees of the Treasury and U.S. Federal gov't rather than representatives of the private bank owners of the Federal Reserve Bank Corporation. Suspected ownership was by 6 largest banks in U.S.
The Treasury Department was one of the specific Executive Branch Departments taken over by Lincoln and co-opted to do specific things under the Lincoln wartime government 1861-65. (War Dept and State Dept were two other of the key Departments with key wartime roles directly controlled by Lincoln.)
Some things not covered in detail by MSM that appear to be critical to understanding where we are.
13MAR2020; "Proclamation on Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak": https://trumpwhitehouse.archives.gov/presidential-actions/proclamation-declaring-national-emergency-concerning-novel-coronavirus-disease-covid-19-outbreak/
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States, by the authority vested in me by the Constitution and the laws of the United States of America, including sections 201 and 301 of the National Emergencies Act (50 U.S.C. 1601 et seq.) and consistent with section 1135 of the Social Security Act (SSA), as amended (42 U.S.C. 1320b-5), do hereby find and proclaim that the COVID-19 outbreak in the United States constitutes a national emergency, beginning March 1, 2020.
27MAR2020 Bloomberg; "The Fed’s Cure Risks Being Worse Than the Disease": https://i-uv.com/the-feds-cure-risks-being-worse-than-the-disease/
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.