A DOLLAR CRASH OF BIBLICAL PROPORTION -- BILL HOLTER

SGTreport.com

Published on Sep 2, 2015

Bill Holter is back and he says "Something Just Happened". In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.

In silver last week there was confirmed volume of 122,482 contracts traded in a single day which represents 612 MILLION ounces of physical silver … or over 87% of annual global silver production. Meanwhile China has sold $100 billion worth of Treasury bonds over the last two weeks.

Bill warns, the leverage in all markets suggests a “holiday” will occur because the unwinding cannot be orderly. The “unwinding” by the way will need to undue the credit built upon credit going all the way back to Aug. 15, 1971.

Mr; Holter concludes: "We're going to have an absolute Biblical collapse of our standard of living, and no one even has a clue that it's coming."

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Obama's TPP negotiators received huge bonuses from big banks. Shocker ? Not Really.....

Published time: February 18, 2014 17:12

Stefan Selig.( Reuters / Mike Segar )

A controversial trade deal being touted by the White House is expected to give American corporations broad new authority if approved. Now according to newly released documents, big banks gave millions to the execs that are now orchestrating the agreement.

Investigative journalist Lee Fang wrote for Republic Report on Tuesday this week that two former well-placed individuals within the ranks of Bank of America and CitiGroup were awarded millions of dollars in bonuses before jumping ship to work on the Trans-Pacific Partnership on behalf of the White House.
The Trans-Pacific Partnership, or TPP, is a widely-contested trade deal between the US and 11 other nations adjacent to the Pacific Rim, and has been negotiated by representatives for those countries in utmost secrecy. According to leaked excerpts of the TPP and remarks from experts following the news closely, though, it’s believed that the arrangement would allow corporations to oppose foreign laws while at the same time limiting the abilities for governments to regulate those entities.
On Tuesday, Fang wrote that two major United States-based financial firms have significantly awarded former executives who have since attracted the attention of President Barack Obama and subsequently been offered positions that put them directly involved in TPP talks.
Former Bank of America investment banker Stefan Selig, Fang acknowledged, received more than $9 million in bonus pay after he was nominated to join the Obama administration in November. And Michael Froman, the current US trade representative, was awarded over $4 million from Citigroup when he left them in 2009 in order to go work for the White House. Republic Report were provided those statistics through financial disclosures included in Fang’s article.
When Selig was asked to head the International Trade Administration by the White House last November — a Commerce Department job — the New York Times considered it “a rare appointment of a Wall Street banker by the Obama administration.” If he is confirmed by the Senate as expected, he will work directly with US trade officials on hammering out final arrangements for the TPP. Froman has been the US trade representative since last June, and according to his biography on that department’s official website, is directly overseeing TPP discussions.

Read More Here

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Obama trade officials received huge bank bonuses - Salon.com

www.salon.com/.../obama...received_huge_bank_bonuses

Obama's TPP trade officials took bonus money from big banks

www.allvoices.com/contributed-news/16564785-obamas...

Obama Trade Officials Received Hefty Bonuses From Big Banks

www.huffingtonpost.com/2014/02/17/obama-trade-banks...

• Obama's TPP negotiators received huge bonuses from big banks

Feds Investigating Christie's Use Of Sandy Relief Funds

HuffPost Live

Published on Jan 13, 2014

Just days after dismissing two top advisers for their roles in the George Washington Bridge scandal, New Jersey Gov. Chris Christie is facing questions over the use of Superstorm Sandy relief funds.

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Chris Christie rocked by Superstorm Sandy relief scandal

3 days ago By theweek.co.uk

NEW JERSEY governor Chris Christie is being investigated over claims he used Superstorm Sandy relief funds to make tourism ads starring him and his family.
News of the investigation couldn't come at a worse time for the "scandal-plagued Republican", says CNN. Late last week he was forced to sack two aides who allegedly ordered the closure of lanes on the George Washington Bridge as part of a vendetta against a political opponent.
Christie's office has been "paralysed" by the bridge scandal which is about to trigger a "flurry of subpoenas", according to reports.
CNN says the federal probe examining New Jersey's use of $25m in relief funds for a marketing campaign to boost tourism in the state, could be even more damaging to Christie's political ambitions than the bridge scandal. That's because the governor's performance during and after the storm has been "widely praised and is a fundamental part of his straight-shooting political brand".
The New York Post understands that Christie's deputy chief of staff, Bridget Anne Kelly, and his campaign manager, Bill Stepien, are likely to be issued with subpoenas as early as today in relation to the bridge scandal. Kelly allegedly orchestrated the lane closures in an effort to undermine a New Jersey mayor who refused to support Christie's re-election campaign; Stepien was "kept in the loop" about the plan.

Read More Here

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