The push is on to crack down on those that would try to manipulate cryptocurrencies. The central banks are screaming very loud about the tariffs that Trump is putting into place. They are saying that this will not end well, its bad for the economy. What they are really saying it is bad for their system, the strategy behind this is to get the central banks to do something to try to counter this. The Fed and the rest of the central bank days are numbered. The push is to move the narrative away from gun control and to push the idea it is more important to protect the children and others by using weapons. Florida passed a law that pushes the age limit to 21 to purchase a weapon, the NRA is suing. Mnuchin says the sanctions against NK will stand. NK is offering the US a gift of prisoners and Trump says that NK will not test a nuclear weapon. The deep state is pushing the next event, this might be multiple events happening simultaneously to create chaos.
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Current News – 03.12.2018
- What the First Ruling by a Federal Judge on Cryptocurrencies Means. Law firm weighs in.
- The past three months have been tough on cryptocurrencies. Bitcoin is down 53% from its peak, Ethereum 48%, Ripple 78%. From the respective peaks among the three, $350 billion have evaporated. Those are just the three largest by
- market capitalization. New ones come on the scene all the time, still. There are about 1,550 of them. So the question is this: What caused prices to surge so far so fast? And why have they collapsed?
- Epic price manipulation is one of the reasons. That has long been known, propagated, praised, and lamented on crypto discussion boards. But it has become so spectacularly rampant – and the fiat currency amounts so large – that it has made its way into the mainstream media.
- In 2015, the Commodity Futures Trading Commission (CFTC), which was beginning to crack down on unregistered firms that were trading cryptocurrency derivatives, determined that cryptos were commodities and thus within its regulatory jurisdiction. It then ordered bitcoin-options trading platform Coinflip and its CEO to cease trading since they’d violated CFTC regulations. It also filed, and simultaneously settled, charges against Coinflip.
- The CFTC’s theory that it had authority to regulate cryptos was tested in court in a case, filed in January, where the CFTC alleged that defendants Patrick McDonnell and his company Coin Drop Markets were operating a fraudulent scheme involving cryptocurrency trading and misappropriating investor funds. Part of the defense was that the CFTC didn’t have standing to sue because it didn’t have the authority to regulate cryptocurrencies.
- Last Tuesday, US District Judge Jack Weinstein for the Eastern District of New York ruled that cryptocurrencies are indeed commodities under the Commodity Exchange Act (CEA) and therefore subject to the CFTC’s anti-fraud and anti-manipulation enforcement authority. This allowed the case to go forward.
- European Trade Commissioner Cecilia Malmstroem has promised that Europe would fight back against those who intimidate its trade after joint talks with US Trade Representative Robert Lighthizer and Minister of Economy, Trade and Industry of Japan Hiroshige Seko on exemption from Donald Trump’s steel and aluminum tariffs came to a deadlock.
- According to the European steel association EUROFER, trade with the US accounted for 15 percent of Europe’s steel exports in 2017. They also fear that other countries hit by the new tariff policy will redirect their steel exports to Europe.
- Federal Reserve Bank of Atlanta president Raphael Bostic said steel and aluminum tariffs bring uncertainty that could hurt the economy’s robust growth.
What is the FED?
What does the FED control?
Who controls the FED?
Who approved the formation of the FED?
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
— Henry Ford
“Give me control of a Nation’s money supply, and I care not who makes its laws.”
— M. A. Rothschild
- In 1836, Andrew Jackson abolished the Bank of the United States, arguing that it exerted undue and unhealthy influence over the course of the national economy. From then until 1913, the United States did not allow the formation of a private central bank. During that period of nearly three quarters of a century, monetary policies were carried out, more or less, according to the U.S. Constitution: Only the “Congress shall have power . . . to coin money, regulate the value thereof” (Article 1, Section 8, U.S. Constitution). Not long before the establishment of the Federal Reserve Bank in 1913, President William Taft (1909-1913) pledged to veto any legislation that included the formation of a private central bank.
- Soon after Woodrow Wilson replaced William Taft as president, however, the Federal Reserve Bank was founded (December 23, 1913), thereby centralizing the power of U.S. banks into a privately owned entity that controlled interest rate, money supply, credit creation, inflation, and (in roundabout ways) employment. It could also lend money to the government and earn interest, or a fee—money that the government could create free of charge. This ushered in the beginning of the gradual rise of national debt, as the government henceforth relied more on borrowing from banks than self-financing, as it had done prior to granting the power of money-creation to the private banking system. Three years after signing the Federal Reserve Act into law, however, Wilson is quoted as having stated:
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men” .
- President Donald Trump is touting his plan to push federal funding to programs which would arm and train teachers in schools, in a Monday tweet.
If schools are mandated to be gun free zones, violence and danger are given an open invitation to enter. Almost all school shootings are in gun free zones. Cowards will only go where there is no deterrent!
— Donald J. Trump (@realDonaldTrump) March 12, 2018
- Trump has strongly endorsed arming teachers in schools since the Parkland shooting, at one point saying, “We have to harden our schools, not soften them up,” adding that gun free zones are like “going in for the ice cream” for potential school shooters. “If you harden the sites you’re not going to have this problem… When you say this school is gun free… That’s what they want to hear.”
- The National Rifle Association sued in federal court Friday to block a new Florida law, just signed by Gov. Rick Scott, that prohibits gun sales to anyone under 21.”We filed a lawsuit against the state for violating the constitutional rights of 18- to 21-year-olds,” said Marion Hammer, lobbyist for the NRA in Florida. NRA lawyers in Tallahassee and Washington, D.C., were working on the complaint Friday afternoon, and filed the complaint moments before the court’s deadline.Hammer had previously called the legislation “political eye-wash.”
The law was enacted in the wake of the Valentine’s Day shooting death of 17 students and teachers at Stoneman Douglas, allegedly by a 19-year-old former male student who authorities said legally bought the AR-15-style rifle used in the attack.The complaint says the new law prohibits law-abiding citizens between the ages of 18 and 21 from lawfully purchasing a firearm of any kind. The lawsuit cites a report that in 2015 only 1.8 percent of those arrested for violent crime were women in that age bracket, while men in that age group made up 8.7 percent of arrests for violent crime.The complaint also says the law violates the 14th Amendment’s equal protection clause by banning adults between 18 and 21 from buying guns but does not apply such a ban to adults 21 and over.
- British government lacking evidence of Russian guilt reverses the burden of proof
- After a week of speculation and allegations British Prime Minister Theresa May has finally spoken about the murder attempt on the former British spy Sergey Skripal, which has left both him and his daughter critically ill.
- New statistics from the recent Italian election show 75 per cent of the youngest first-time voters – born in 1999 – voted for anti-establishment parties.The data, which was compiled by Italian polling firm SWG, shows that the vast majority of young first time voters reject the political establishment, Italian poll-tracking website Termometro Politico reports.The populist 5 Star Movement (M5S), which has promised to implement a universal basic income and be tough on mass migration, received the most votes with close to half, or 43 per cent. Second was the right-wing populist La Lega which garnered 19 per cent of the support of the first-time voters.
- Treasury Secretary Steven Mnuchin said the administration is not removing its “maximum pressure campaign.
- But, as more details emerge from last week’s stunning announcement that North Korean leader Kim Jong-un and U.S. President Donald Trump have agreed to discuss North Korea’s denuclearization before May, South Korean news agency DongA reports that the North Korean leader may release American detainees as a “gift,” and that he would like to establish diplomatic relations with the placement of a U.S. embassy in Pyongyang.
- Trump administration officials said Sunday there will be no more conditions imposed on North Korea before a first-ever meeting of the two nation’s leaders beyond the North’s promise not to resume nuclear testing and missile flights or publicly criticize U.S.-South Korean military exercises.
- The officials’ comments followed the surprise announcement last week that President Donald Trump has agreed to meet the North’s Kim Jong-Un by May.
- “This potential meeting has been agreed to, there are no additional conditions being stipulated, but, again they – they cannot engage in missile testing, they cannot engage in nuclear testing and they can’t publicly object to the U.S.-South Korea planned military exercises,” deputy White House spokesman Raj Shah said.
- US President Donald Trump has said that North Korea has promised not to conduct any missile tests up to and during the planned meetings between the two adversaries.
- President Trump talked up his high hopes for the upcoming direct talks with North Korea’s leader Kim Jong-un, saying that “I may sit down and make the greatest deal for the world.”
- Russia will start implementing a contract on delivery of S-400 air defense missile systems to Turkey in early 2020,
- Defense Secretary Jim Mattis warned Syria on Sunday that it would be “very unwise” for the regime to use chemical weapons against civilians in the war-torn country, but stopped short of threatening to retaliate.
- “Right now we’re getting reports — I don’t have evidence that I can show you — but I’m aware of the reports of chlorine gas use,” Mattis said as he headed to Oman, referring to reports that President Bashar al-Assad’s forces were bombing civilians.
- “We have received information that militants plan to stage an attack between the districts of Mesraba and Beit Sawa. Tahrir al-Sham terrorists plan to sacrifice several women for this purpose and launch a disinformation campaign.
- Researchers have uncovered new malware that has apparently been used to spy on victims in the Middle East and Africa for six years undetected.
- A report from Moscow-based Kaspersky Lab details how a threat it’s calling “Slingshot” has been infecting victims, collecting a wide variety of data and exfiltrating it in a covert fashion. The company says the threat is likely the work of a resource-rich government.
- “Slingshot is very complex and the developers behind it have clearly spent a great deal of time and money on its creation. Its infection vector is remarkable – and, to the best of our knowledge, unique,” the researchers write in the report, released Friday.
- The researchers say that Slingshot’s infection vector for most victims is unknown, but that in some cases the attackers gained access to and deployed the malware through routers manufactured by MikroTik, a Latvian company. In those cases, the victims unknowingly download a dynamic link library (DLL) from the router that was placed by the APT. From there, the DLL continues to download other malicious components.
- Notably, the Slingshot malware framework can gain control of computers at the kernel level, giving the group complete control of a victim’s device. It does this by loading vulnerable drivers into the computer and running its own code through the router vulnerabilities, Kaspersky researchers say.