Barnes & Noble is going to cut staff after a terrible holiday season. Household debt is rising very quickly and surpasses the debt level in 2008, meanwhile the savings rate dips to it lowest level. Coats says the debt is unsustainable and the corporate media pushes the propaganda to set everything up for the take down of the US economy which will bring the global economy. DHS just proved that the corporate media lied to us about Russian hacking. Grassley says that Susan Rice wrote a very strange email to herself. Pentagon sending troops near China, this is a normal rotation, but the corporate media is making it seem like we are preparing for war. The CIA intelligence agency used a paid mercenary army to attack and they claim it was a Russian force that died in the attack. This was a setup, the US and Russia have open channels 24/7 so they know where each force is. This was pushed to provoke a war. Russia is reporting that the paid mercenaries are preparing a chemical attack, they spotted containers of chlorine. Coats is out there pushing the idea that North Korea, Russia might be preparing to cyber attack the US.
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Current News – 02.13.2018
- A bleak holiday season has led Barnes & Noble to lay off employees,
- Barnes & Noble would not give specifics on the number of employees affected, the types of positions that were cut or the markets that were impacted. . sales dropped 6.4% during the crucial
- holiday quarter, and online sales dipped 4.5% as compared to that period the previous year.
- After we first reported last week that US credit card, student and auto debt all hit record highs in December of 2017…
- … it should not come as a surprise that according to the just released latest quarterly household debt and credit report by the NY Fed, Americans’ debt rose to a new record high in the fourth quarter on the back of an increase in virtually every form of debt: from mortgage, to auto, student and credit card debt (although HELOCs posted a tiny decline).
- Aggregate household debt increased for the 14th straight quarter, rising by $193 billion (1.5%) to a new all time high, and as of December 31, 2017, total household indebtedness was $13.15 trillion, an increase of $572 billion from a year ago – the fifth consecutive year of increases – equivalent to 67% of US GDP, versus a high of around 87% in early 2009. After years of deleveraging in the wake of the 2007-09 recession, household debt has risen more than 18% since the trough hit in the spring of 2013.
- Auto loans grew by $8 billion to $1.22 trillion
- Credit card balances increased by $26 billion to $834 billion
- Student loans saw a $21 billion increase to $1.38 trillion
- There were some red flags of caution: confirming recent negative data from Wells Fargo, and suggesting that the housing recovery is stalling, mortgage originations were at $452 billion, down from $479 billion in the third quarter.
- The flip side, of course, is the collapse in the savings rate, which in January plunged to a near all time low.
- A top intelligence official is warning that the U.S.’s national debt isn’t just “unsustainable,” it puts national security at risk.
- Here’s what Director of National Intelligence Dan Coats told the Senate Intelligence Committee on Tuesday, during a hearing on worldwide security threats.
The failure to address our long-term fiscal situation has increased the national debt to over $20 trillion and growing. This situation is unsustainable, as I think we all know, and represents a dire threat to our economic and national security.
- The statement by Coats came a day after President Donald Trump submitted a budget that doesn’t balance, and less than a week after Trump signed a two-year budget deal that boosts domestic and military spending by $300 billion.
voters are starting to become more positive about the economy and more willing to give Trump the credit for it.”
- Since late 2016, in instance after instance, the narrative on Russia hacking the election has been slowly exposed as a massive farce. CNN, not once, but twice admitted that they pushed fake Russian news with no proof — for ratings. Shortly after CNN, in their magnificent fall from the fake news pedestal, the New York Times quietly admitted their ‘bombshell’ backbone to the entire Russian narrative was simply not true.
- Now, the Department of Homeland Security has even stepped in to lay the rumors to rest put out by NBC last week claiming that Russia “successfully penetrated” the voting system in several states.
- According to NBC, in an “exclusive report” they received information from Jeanette Manfra, the head of cybersecurity at the Department of Homeland Security, who said she couldn’t talk about classified information publicly, but in 2016, “We saw a targeting of 21 states and an exceptionally small number of them were actually successfully penetrated.”
- However, this week, Manfra came forward to call NBC out for spinning her words to make it seem like the US had been hacked. “Recent NBC reporting has misrepresented facts and confused the public with regard to Department of Homeland Security and state and local government efforts to combat election hacking,” DHS cybersecurity chief Jeanette Manfra said on Monday.
- Despite the fact that Manfra said an “exceptionally small number” of states were targeted successfully, NBC’s headline on its website reads “Russians penetrated US voter systems, top US official says,” which Manfra has accused of being misleading.
- In reality, the case against Russia, as we’ve previously reported, is alleged to have been contrived mere moments after Clinton lost the election. Last year, WikiLeaks detailed the contents of the book Shattered — written by Jonathan Allen — which lays out the plan quite clearly.
- WikiLeaks uploaded a picture from a page of Allen’s new book which destroys the Russian hacking narrative immediately.
- Senate Judiciary Chairman Chuck Grassley uncovered an unusual email former NatSec Advisor to Barack Obama, Susan Rice sent herself on January 20th 2017-Donald Trump’s inauguration day.Chuck Grassley posted to his official Senate website Monday:
Ambassador Rice appears to have used this email to document a January 5, 2017 Oval Office meeting between President Obama, former FBI Director James Comey and former Deputy Attorney General Sally Yates regarding Russian interference in the 2016 Presidential election. In particular, Ambassador Rice wrote: “President Obama began the conversation by stressing his continued commitment to ensuring that every aspect of this issue is handled by the Intelligence and law enforcement communities ‘by the book’. The President stressed that he is not asking about, initiating or instructing anything from a law enforcement perspective. He reiterated that our law enforcement team needs to proceed as it normally would by the book.”
Grassley said in a letter to Susan Rice:
“It strikes us as odd that, among your activities in the final moments on the final day of the Obama administration, you would feel the need to send yourself such an unusual email purporting to document a conversation involving President Obama and his interactions with the FBI regarding the Trump/Russia investigation. In addition, despite your claim that President Obama repeatedly told Mr. Comey to proceed ‘by the book,’ substantial questions have arisen about whether officials at the FBI, as well as at the Justice Department and the State Department, actually did proceed ‘by the book.‘”
- Comment: If this was Susan Rice’s attempt to cover Obama’s back, it may backfire spectacularly.
- According to a recent report by the Wall Street Journal, the Pentagon is considering plans to transfer heavily armed, versatile Marine Corps Expeditionary Units (MEU) to East-Asia, citing the rapidly expanding Chinese influence in the region.
- The Wall Street Journal says the Pentagon intends to boost its military appearance in the East Pacific with the deployment of Marine Expeditionary Units. A Marine expeditionary unit (MEU, pronounced “Mew”), is a group of 2,200 marines who are part of the quick reaction force and are usually deployed to a region for an upcoming or immediate crisis. A unit deploys about 2,200 marines who operate amphibious assault ships, aircraft, helicopters, tanks, heavy weapons, and other military assets. Each MEU is equipped with:
- Officials said these shifts are “major muscle movements,” as the Pentagon transfers military equipment and personnel redeployments, and are aimed at “a global resetting of forces” rather than a “buildup for war.”
- MEUs deploy in seven-month rotations on Tarawa-class amphibious assault ships operated by the United States Navy; they may stay offshore for the entire time of deployment or come ashore for small periods of time to conduct training exercises. General Robert Neller said MEUs sent to Asia would jump right into military patrols and joint activities with allies.
- After a 14-month-long investigation, Israeli police have reportedly recommended that Prime Minister Benjamin Netanyahu be indicted on charges of bribery and breach of trust.
As The Jerusalem Post reports, police say they have found enough evidence to recommend the state’s prosecution to indict Netanyahu in Case 1000, the “gifts affair” and Case 2000, the “Yediot Aharanot Affair.”
In Case 1000, the “gifts affair,” it is alleged that Netanyahu improperly accepted expensive gifts from different businessmen.
In Case 2000, the “Yediot Aharonot affair,” Netanyahu allegedly negotiated with publisher Arnon “Noni” Mozes for favorable coverage of himself in Yediot Aharonot in exchange for support of a bill to weaken Israel Hayom, the largest circulation Hebrew-language paper and Yediot’s biggest competitor.
At this stage, the prosecution and Attorney-General Avichai Mandelblit will examine the evidence that police collected throughout the investigations, and will later decide whether to actually indict the prime minister or not.
Netanyahu will not be required at this point to resign from office. The law says that only after a peremptory Supreme Court verdict (meaning after an appeal was submitted and rejected), the prime minister must resign from office.
- No response so far from Netanyahu’s office
- . Thousands of Israelis have taken to the streets in recent weekends, rallying against government corruption and calling on Netanyahu to step down.
- 200 Russian “mercenaries” during a failed attack on a U.S.-held military base in eastern Syria last week.
- The large number of casualties was first revealed by Bloomberg in a report on Tuesday that adds crucial details to last Thursday’s news of fresh U.S. airstrikes in Syria, which outlets at the time said resulted in the deaths of “pro-Syrian government” fighters.
- The Syrian government denounced the deadly U.S. airstrikes as “new aggression.” No U.S. casualties have been reported.
- “It’s not clear who was paying the Russian contingent” that was killed in last week’s strikes, Bloomberg observes. “Reports in Russian media have said Wagner—a shadowy organization known as Russia’s answer to Blackwater, now called Academi—was hired by Assad or his allies to guard Syrian energy assets in exchange for oil concessions.”
- Vladimir Frolov, a political analyst and former Russian diplomat, warned in an interview with Bloomberg on Tuesday that the deadly airstrikes could spark “an acute international crisis.”
- “This is a big scandal,” Frolov said.
- The Russian Center for the Reconciliation of Opposing Sides in Syria says it has received a phone call warning about a possible chemical weapons attack in the northwestern Syrian province of Idlib by militants and White Helmets.
- The phone call warned that the Jabhat Fateh al-Sham Takfiri terrorist group, formerly known as al-Nusra Front, together with the White Helmets organization, a self-proclaimed civil defense group, are hatching the plot on the Idlib chemical attack, the center said in a statement on Tuesday.
- The Russian military said it received the phone call from a resident from the Serakab settlement, located in Idlib province, on Monday evening who informed the center that the attack “could be staged to provide footage for a foreign TV channel.”
- According to the Russian military, al-Nusra Front terrorist group brought more than 20 containers with chlorine to a village in Idlib.
- Emmanuel Macron has promised to “strike” Syria if any evidence emerges that chemical weapons were used against civilians. However, he added that French intelligence agencies do not have proof to back up such allegations.
- Clear-cut evidence has emerged that the United States is retraining jihadist militants – most of them surrendered ISIS members as well as fighters of other militant groups with an ideology similar to that of ISIS – in east Syria and re-branding them as ‘democratic forces.’
- After many, many months of complaints by Russian military and diplomatic authorities that US advisor forces in Syria’s east were retraining ISIS and ISIS-like militants, a video (shown below) released by the Deir Ezzor-based opposition media outlet Euphrates Post has confirmed it.
- The United States and Russia are discussing steps that should be taken in order to achieve peace in Syria after the cessation of hostilities, Kathleen Kavalec, the US State Department’s deputy assistant secretary for European and Eurasian Affairs, said.
- “We are also talking with Russia about the path forward,
- Winter Olympics officials have confirmed that a cyberattack occurred during the games’ opening ceremony Researchers say the attack employed malware, dubbed Olympic Destroyer, that was written with the sole intention of destroying systems, not to steal data.
- Its goal is to make devices unusable by “deleting shadow copies, event logs
- The cyberattack managed to take down the official Winter Olympics’ website on Feb. 9 for about 12 hours, leaving attendees unable to print tickets. It also affected the games’ television feeds.
- It appeared that hackers planned to take out the power to the stadium, said Oliver Hoare, who led cybersecurity matters for the London Games. But officials successfully prevented an attack.
- “We expect the heavily sanctioned North Korea to use cyber operations to raise funds and to gather intelligence or launch attacks on South Korea and the United States,” Coats warned in a statement for the record titled “Worldwide Threat Assessment of the US Intelligence Community.”
- “His [Kim Jong Un] strategic calculus is not changing and we should not be misled by the events that are taking place around the Olympics,” Ashley told the Senate Intelligence Committee.
- The US intelligence report, released on Tuesday, has accused three states: Russia, Iran and North Korea of preparing aggressive cyber attacks against the US and allies