The Federal Reserve will slash interest rates to near zero and increase its holdings of US Treasury securities by at least $500-billion in addition to an increase of government mortgage-backed securities by another $200-billion. This is a new round of ‘quantitative easing’, which means creating money and pumping it into the economy by means of government spending, bank loans, and other financial injections. -GEG
Despite the boost, stock market futures on Sunday night hit “limit down” levels of 5% or lower, with Dow Jones average futures down by more than 1,000 points. -GEG
The Federal Reserve is cutting interest rates down to near-zero as the US economy absorbs a massive blow following the coronavirus pandemic, though stock futures plummeted despite the stimulus.
In a statement, the US central bank said: “The coronavirus outbreak has harmed communities and disrupted economic activity in many countries … The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses.”
Among a suite of programmes to combat the economic fallout from the global threat of the Covid-19 virus, the Fed will slash interest rates and increase its holdings of US Treasury securities by at least $500bn in addition to an increase of government mortgage-backed securities by another $200bn, in the hopes of lowering the costs of longer-term debts and bolstering the struggling housing market.
That dramatic $700bn snap mirrors the Fed’s quantitative easing actions amid the financial crisis in 2008.
Despite the boost, stock market futures on Sunday night hit “limit down” levels of 5 per cent or lower, with Dow Jones average futures off by more than 1,000 points.
In a statement announcing the rate drop from one full percentage point to .25 per cent, the central bank said: “The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook. … The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals. This action will help support economic activity, strong labour market conditions, and inflation returning to the Committee’s symmetric 2 per cent objective.”
Dr. Hyman said that for every 10% of calories consumed from ultra-processed food, the risk of death goes up by 14%. The American diet is 60% ultra-processed food, and for children it is 67%. Eleven million die globally from bad food.
Video shows Fauci admitting “I got my second vaccine yesterday, and I feel like sh*t today!” In another segment, a DC resident told Fauci that he didn’t trust the jab or the hurried science that went into creating it. The man continued and said the COVID vaccine campaign was about attacking people using fear.
has used hormones and has received sex-change surgeries, and now shows signs of regret. Instead of receiving treatment for mental health issues, children are being encouraged to change gender by taking hormones and undergoing major surgeries that can alter their bodies irreversibly.
A prior injunction blocked the mandate in January 2022, only a few months after Biden issued the order, but nearly 98% of covered employees had already been vaccinated. Opponents of the policy said it was an encroachment on federal workers’ lives that neither the Constitution nor federal statutes authorize.
Since the CDC started collecting the data autism has skyrocketed from 1 in 150 in 2000, to today’s estimate of 1 in 36 children. The report failed to address the causes of autism, but claimed the rising rate was due to increased testing.
California produces half of America’s agriculture that includes fruits, vegetables and nuts, in addition to dairy products, cattle and rice. Almost half of California’s agricultural products are exported to other countries. We await the impact on food supplies.
DeSouza said that the cabal of money lenders from “banking bloodlines” has dominion over the UAPs and is building a campaign of fear. He said that the next step is for UAPs to start shooting down commercial airliners and military jets. A ‘Fake Alien Invasion’ will be a psy-op. But the destruction will be real.
Biden released a proposed budget for fiscal year 2024 totaling $6.9 trillion that included over $4.7 trillion in new tax increases, including a 20% hike in the capital gains tax rate and a 7.6% increase in the top income tax rate.
The Arizona Supreme Court ruled that Kari Lake will be allowed to expose the Signature Verification security system on mail-in ballots. Lake said that Adrian Fontes, the current AZ Secretary of State, who was the Maricopa County Recorder during the contested 2020 election, is a Mexican drug cartel attorney and a fraud.
Pilot Josh Yoder reported that as many as 80% of pilots have taken COVID jabs, as many airlines mandated it. He said it is no longer safe to fly as there have been many incidents of pilots becoming incapacitated, but there is a massive coverup underway.
Shocking video shows soldiers in Ukraine kidnap and forcibly conscript men in broad daylight to fight in the the losing war against Russia. Over 100,000 Ukrainians are dead, but US warmongers in power push for more war in the proxy battle against Russia.
Approximately 15% of Americans who took a COVID-19 vaccine have some new medical illness and regret the shot. Nattokinase, a cheese-like food made from fermented soybeans, is being considered as a treatment for spike proteins from COVID vaccines.
The French government raised the retirement age from 62 to 64. The retirement reform bill was approved without going through a vote in the lower house – where President Macron’s party does not have a majority. Invoking Article 49.3 in the French Constitution allows for the creation of a dictatorship.
Zero Emissions Livestock Project (ZELP) makes its money by leasing the smart masks out to farmers and by selling carbon offset credits. A critic noted that the cow smart mask can lead to normalizing “smart” facewear for both animals and humans.
The left hopes to take out Trump using the justice system, but if Trump is indicted, it will demolish the justice system. What happens when the Department of Justice decides that its goal is not justice, but protecting the ruling class at all costs?
Consumers’ Research said, “This veto by President Biden goes directly against the interests of the American people and once again creates an illegitimate loophole for companies like BlackRock, State Street and Vanguard to exploit to put politics over profits with American pension dollars.”
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Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
Hedge funds, globally, are in a financial tail spin, and many have already blocked investors from withdrawing their money. True to form, the Federal Reserve is preparing to infuse these firms with super low-cost loans that will help to bail them out – at taxpayer expense, of course.
Nearly all the interest the Federal Reserve collects on government debt is rebated to the Treasury each year. However, the banking cartel is able to use tax dollars to pay 100% of its operating expenses with a blank check.
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (
