Current Economic Collapse ‘News Brief’ – Episode 1339

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Current Economic Collapse News Brief
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CBO accuracy for forecasting has missed multiple times. The deep state will not let up, it now is going after Jeff Sessions again with no confirmation, but even if the story is true there is nothing there. The creator of the dossier and the owner of Fusion GPS are going to be subpoenaed to appear in front of the Senate. CIA chief very worried about Wikileaks, looking to go after Assange. US concludes that Kim Jong Un not crazy, he is protecting his country. EU very angry at the US saying these new sanctions will not help Europe, it will actually make things worse. CIA admits that they supported the moderate rebels and paid their salaries. US special operations commander says the US really cannot stay in Syria, it would be against International law. Syria wants the coalition to pay for the infrastructure damage to its country. US says Assad has not used chemical weapons since the strike, correction, Assad has not used chemical weapons since they were removed from the country.The US needs to work with the world or the US will be left behind as the world moves on.

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Current News – 07.23.2017


How Accurate Are CBO Forecasts? The Answer In Two Charts

  •   the CBO’s track record of “forecasts”, one which we have mocked here on occasion after occasion after occasion.
  • And here, in just two charts, is why when it comes to matters of predictive accuracy, the CBO is almost as bad as the Federal Reserve.
  • First, here is the CBO’s history of Obamacare enrollment forecasts…


Deep State leaks more “Russia hysteria” propaganda targeting Jeff Sessions.

  • The Washington Post dripped another Deep State “Russia” leak targeting Attorney Jeff Sessions.
  • According to the WaPo, former Russian Ambassador Sergey Kislyak’s two conversations with Jeff Sessions (then a top foreign policy adviser to Republican candidate Donald Trump), were intercepted by the NSA, which was monitoring the communications of senior Russian officials in the US and in Russia. who unmasked sessions?
  • Barack Obama was indeed spying on, and unmasking, Trump and his campaign associates during the 2016 presidential election.  

However, WaPo waited until the end of the story to disclose one key detail about Kislyak’s reports to his superiors concerning his meetings with Sessions. According to Kislyak, Sessions didn’t discuss anything that could’ve influenced the election – i.e. nothing here fits in with the Don Jr. collusion narrative. And, more importantly, there’s no way to corroborate Kislyak’s characterization of the meeting. Apparently, Kislyak isn’t a meticulous notetaker, unlike former FBI Director James Comey.

  • Part of any ambassador’s job is to meet with lawmakers, and promote your countries agenda, and Kislyak was no exception…

“Obviously I cannot comment on the reliability of what anonymous sources describe in a wholly uncorroborated intelligence intercept that the Washington Post has not seen and that has not been provided to me,” said Sarah Isgur Flores, a Justice Department spokeswoman in a statement.

She reiterated that Sessions did not discuss interference in the election.

Finally we note that, although the WaPo report is unconfirmed it could give Trump just the cover he needs to fire Sessions.

In that case he can appoint another attorney general who won’t have conflicts and does not need to recuse from the Russia probe – thus giving Trump justification to fire Mueller and have the new DOJ head continue the probe, likely quashing the Russia narrative once and for all.


Man Behind Trump “Dossier” Subpoenaed After Refusing To Testify, Will Plead The Fifth 

  • For all the talk of obstruction and interference by the Trump camp, it’s neither Donald Trump Jr. nor Paul Manafort who are challenging their scheduled testimony in the Senate next Wednesday, but rather the man who according to many started the whole “Trump Russia collusion” narrative, who is doing everything in his power to avoid testifying next week. 
  • On Friday, attorneys for Glenn Simpson, a former WSJ reporter who now runs the infamous Washington political intelligence firm Fusion GPS – best known for compiling the salacious “dossier” of unverified research about President Trump – told the Senate Judiciary Committee in a letter that their client was on vacation through July 31 and traveling abroad through August 3, and would be unavailable for next week’s hearing.  

Fusion GPS co-founder Glenn Simpson

  •   Simpson’s Fusion GPS is the firm which hired former British intelligence officer Christopher Steele, and his London-based Orbis Business Intelligence, to conduct opposition research on then presidential candidate Donald Trump, resulting in a 35-page dossier that was widely shared in political and media circles during and after the 2016 election. Steele and Orbis are currently being sued in the U.S. and U.K. by Aleksej Gubarev, a Russian tech executive who says he was falsely accused in the dossier of hacking the Democratic National Committee’s email systems. 
  • In any case, Simpson’s attorneys asked that their client be excused from appearing, adding that allegations he had failed to register as a foreign agent were “nothing more than an effort to smear him.”   The letter also said they were prepared to fight a subpoena and invoke Mr. Simpson’s constitutional right not to give testimony if compelled to appear.
  •  : “Glenn Simpson, through his attorney, has declined to voluntarily attend Wednesday’s Judiciary Committee hearing regarding compliance with the Foreign Agents Registration Act. Therefore, a subpoena has been issued to compel his attendance. Simpson’s attorney has asserted that his client will invoke his Fifth Amendment rights in response to the subpoena.

Report: Susan Rice Met Privately With Senate Intelligence Committee Investigators About Russia Probe

CIA Chief Warns: WikiLeaks Is Plotting To “Take Down America Any Way They Can”

  • CIA Director Mike Pompeo remains inconsolably hostile toward whistleblower organization WikiLeaks, insisting they are a “non-state hostile intelligence service” and are plotting to “take down America any way they can and find any willing partner to achieve that end.” What is the intelligence agencies so worried about, the American people will find out the truth and it will take them down.
  • President Trump had a positive attitude toward WikiLeaks during last year’s campaign, declaring “I love WikiLeaks.”
  • Pompeo argued that the US needs to use the Espionage Act much more in going after leakers who aren’t actually foreign spies, 
  • Mr. Assange tweeted – “What sort of America can be ‘taken down’ by the truth?” he tweeted.



US Intel Concludes N. Korea Leader Not Crazy, Actions Driven by Regime Survival

  •   Although North Korean leader Kim Jung-un   makes rational decisions to ensure the survival of his regime, US National Intelligence Director Daniel Coats said at a security forum.
  •   “Our assessment has resulted in the fact that, well, he’s a very unusual type of person, but he’s not crazy. There’s some rationale backing his actions which are survival.”
  • He added that the dictator is aware of the “deterrence” capabilities that exist as a result of having nuclear weapons. 


EU “Sounds Alarm” Over New US Sanctions On Russia; Germany Threatens Retaliation 

  •   Congressional negotiators reached a deal to advance a bill that would punish Russia for its interference in the 2016 election and restrict the president’s power to remove sanctions on Moscow, . The measure, if signed into law, will also give Congress veto powers to block any easing of Russian sanctions by the president.   the European Union “sounded an alarm on Saturday” about moves in the U.S. Congress to step up U.S. sanctions on Russia, urging Washington to keep coordinating with its G7 partners.  the European Commission warned of possibly “wide and indiscriminate” “unintended consequences”, especially on the EU’s efforts to diversify energy sources away from Russia, adding that “unilateral measures” by the US could undermine transatlantic unity. 
  • The House is set to vote on the proposed legislation Tuesday, Brussels  is urging Washington to consider European interests, especially in the energy sector.   They also warned the threat of fining European companies participating in the Nord Stream 2 project “introduces a completely new, very negative dimension into European-American relations.”  At the time, the foreign minister of Austria and Germany, Kern and Gabriel, urged the United States to back off from linking the situation in Ukraine to the question of who can sell gas to Europe. “Europe’s energy supply is a matter for Europe, and not for the United States of America,” 
  • a number of American multinationals – including ExxonMobil, General Electric and Boeing, as well as MasterCard and Visa – raised concerns that the punitive measures will ultimately harm their interests, rather than that of the Kremlin.


Syrian Army within reach of Euphrates River in southeast Raqqa: map

  • The Syrian Arab Army (SAA) resumed their offensive operations in the southeastern countryside of the Al-Raqqa Governorate, Saturday, targeting the Islamic State’s (ISIL) positions near the Euphrates River.
  • Led by their Tiger Forces, the Syrian Arab Army scored another advance in the southeastern countryside of Al-Raqqa, capturing a number of villages that were under the control of the Islamic State militants.


Mainstream Media Admits CIA Not Only Armed ‘Moderate’ Rebels It Paid them Monthly Salaries

  • The United States not only paid to arm and train “moderate Syrian rebels” as part of a CIA program that did much more to aid ISIS than it did to fight it, but it also reportedly paid the rebels monthly salaries.     


Pentagon says Syria has not used chemical weapons since US strike in April, neglects to mention Syria didn’t use them then either


‘We’re bad day away from Russians asking, ‘Why are you still in Syria?’ – top US commander 

  • A US special operations commander has admitted that an extended US stay in Syria runs contrary to international law and that Russia would be entirely justified in questioning its presence there.
  • At the Aspen Security Forum   Special Operations Command chief Army General, Raymond Thomas was asked whether American forces will remain in Syria, after Islamic State (IS, formerly ISIS/ISIL) is defeated, possibly, to support the Kurdish forces in the north of the country.
  • Thomas acknowledged that American forces are fighting in a sovereign Syria, where they will likely “have no ability to stay” if that presence is questioned “in terms of international law,” Thomas said,
  •   Thomas continued. “We are operating in the sovereign country of Syria. The Russians, their stalwarts, their back-stoppers, have already uninvited the Turks from Syria. We’re a bad day away from the Russians saying, ‘Why are you still in Syria, US?’
  •   if the Russians play that card, we may want to stay and have no ability to do it.”   

Assad: No one invited US to Manbij, all foreign troops in Syria without permission are ‘invaders’ —…

Any foreign forces, including those from the US, that enter Syria without invitation are invaders, Syrian President Bashar Assad told Chinese media in an interview, noting that no one had given the…  


‘Illegitimate coalition’ must pay for destroying Syria – Damascus to UN

  • Syria wants the US and its allies to pay for the destruction of Syrian infrastructure and to bear legal responsibility for “illegitimately” bombing civilian targets, Damascus has told the UN, demanding that the American-led coalition strikes stop.


Read more

FILE PHOTO: Raqqa, Syria © Nour Fourat


3 reasons the United States has lost the Middle East

  • With America losing its grip on the Middle East, other powers have moved in, particularly Russia, China and Iran.
  • Here’s why and how.
  • 1. Chinese economic might 
  • With the world fixated on the military events in Syria and Iraq, China has been quietly but un-ambiguously working with the Syrian government to fix the terms on which Chinese companies will invest in Syria’s economy and help to rebuild Syria’s largely destroyed infrastructure when the conflict ends.
  • It has now been confirmed that China is set to invest $2 billion into rebuilding Syria and this could only be the beginning.
  • Both Syria and Iran are on the map of China’s New Silk Road (the One Belt–One Road). As such, transit roots from East Asia to the Middle East will positively impact not only Syria and Iraq but also Iran and Turkey.
  • By failing to cooperate with China on its flagship commerce and infrastructure project, the US is not only on the losing side of history but has been increasingly shut out of economic opportunities in regions where America once had considerable economic influence which it is gradually losing.
  • 2. Russian geo-political, military and energy might 
  • The last five years alone have seen Russia gain new Middle Eastern and Eurasian allies and strengthen traditional alliances while not alienating a single power in one of the world’s most fraught regions.
  • Russian involvement in the Syrian war has strengthened an old alliance with Damascus. Just yesterday,  
  • At the same time, Russia is building a partnership with Iraq. Baghdad just purchased a substantial amount of T-90 tanks from Russia  
  • 3. Turkey’s realignment and Iran’s re-emergence 
  •   Turkey has been a close US ally in the Middle East and Eurasia. However, Turkey’s relationship with Washington continues to plunge to new depths.
  •  Turkey’s participation in the Astana Peace Process along with Russia and Iran is symptomatic of Turkey’s increasingly good relationship with Russia and moreover, of vb
  • The world is changing and the US needs to change with it, the days are over where the US has regime change, creates terrorist, places them in countries, uses the dollar sanctions on countries to force them into what these globalists want. It is time for the US to work with countries instead of bullying them and destroying them, the US does not the US will be left out and the rest of the world will move on.