Italy’s Insolvent Monte Paschi To Issue €15 Billion In Debt

(We did not write this article; the original is located HERE)

For a glimpse into just how insane modern finance and capital markets are, look no further than Italy’s thrice insolvent (in three years) bank Monte Paschi, which after failing to finalize a private, is finalizing the terms of its nationalization with the Italian government: a rescue which will cost Italian taxpayers at least €6.6 billion, and likely more.

The bailout, however, is not the punchline. What is, is that according to Reuters, Monte dei Paschi di Siena – which has yet to be bailed out, plans to issue no less than €15 billion of debt next year “to restore liquidity and boost investor confidence.”

According to daily La Repubblica, Monte dei Paschi would issue the debt in the form of bonds and commercial paper. A third of that debt would have a short-term maturity date, while the rest would mature in three years, it added. The bank could not immediately be reached for comment.

In other words, when the bank was on its own, without the explicit banking of the government, and certainly not the ECB which confirmed that Monte Paschi’s deposit flight was greater than expected, no investor would touch it with a ten foot pole. However, once the bank has the full “backing” of the Italian nation, which will own at least 75% of the common equity after the bank is nationalized, there is a line of people waiting to hand over “other people’s money” to the bank to generate a modest return,

Reuters confirms as much, stating that the debt sales would be supported by government guarantees which form part of a liquidity scheme for banks in need which the European Commission has agreed to extend for six months. Of course, by providin the insolvent bank this blanket guarantee, the Commission would once again be violating one of its core principles: under EU state aid rules, banks with a capital shortfall cannot benefit from general liquidity support schemes, meaning the Commission takes decisions on a case-by-case basis, as it did for Monte dei Paschi, which may be insolvent, but it is systematically important so anything goes.

Monte dei Paschi, Italy’s third biggest lender and the world’s oldest, had to ask Rome for help after failing to win investor backing for a share issue meant to keep it afloat. As a reminder, on Monday, the ECB revised the size of the bank’s capital shortfall by 76% higher, and estimated its funding needs at 8.8 billion euros, compared with a 5 billion euro gap previously indicated by the bank. This led to a greater taxpayer contribution for the bailout, and an angry reaction from Italy’s economy minister, Pier Carlo Padoan.

The Treasury may have to put up around 6.6 billion euros to salvage the lender, including 2 billion euros to compensate around 40,000 retail bond holders, the Bank of Italy said on Thursday, while the rest will come from the forced conversion of the bank’s subordinated bonds into shares. Should the bank run continue or accelerate, the bank’s funding needs, and thus taxpayer inflows, are only set to increase.

Russia to Send Plane for Russian Diplomats and Their Families Expelled From US

(We did not write this article; original article is HERE)

MOSCOW  — On Thursday, US outgoing President Barack Obama announced the expulsion of 35 Russian diplomats, the closing of two Russian diplomatic compounds in Maryland and New York and new sanctions against six Russian individuals and five entities over Moscow’s alleged interference in the November US presidential election, which the Kremlin has repeatedly denied.

Russian diplomats should leave the US on January 1, however, they experienced some issues with plane tickets to Russia during the holiday season.

“For diplomats and their families to leave the United States, an aircraft of the Rossiya Special Flight Squadron of the Russian Presidential Property Management Directorate will be sent to the US,” the press service told reporters.

U.S. intel agencies’ report on ‘Russian hacking’ offers disclaimers, barely mentions Russia

(We did not write this article; original article is HERE)

As the White House and Treasury Department announced new sanctions against Russia over the alleged hacking of U.S. elections, the FBI and Homeland Security released a report that offered supposed proof amid an abundance of disclaimers.

Given the incongruous name of ‘Grizzly Steppe’, the Joint Analysis Report (JAR) on “Russian malicious cyber activity” issued by the FBI and the DHS National Cybersecurity & Communications Integration Center (NCCIC) on December 29 begins with the following disclaimer: The Department of Homeland Security (DHS) does not provide any warranties of any kind regarding any information contained within.

Accompanying the report was a joint statement by the FBI, Department of Homeland Security and the Director of National Intelligence explaining that the “activity by Russian intelligence services is part of a decade-long campaign of cyber-enabled operations directed at the U.S. government and its citizens.”

The actual words “Russia” and “Russian” are mentioned only three times, with just 11 instances of “RIS” – a custom, catch-all acronym standing for “Russian Intelligence Services” without naming any. Both the FSB – Russia’s equivalent of the FBI – and the GRU, Russia’s military intelligence, were put on the U.S. sanctions list on Thursday.

“The U.S. Government confirms that two different RIS actors participated in the intrusion into a U.S. political party,” says the JAR, identifying the two as APT28 and APT29. There is no indication anywhere in the document that these two groups are in any way connected with the Russian intelligence services, however.

Even when detailing the efforts of the two purported hacker groups, the report uses vague and noncommittal language. For example, the actual political party allegedly hacked by the two groups is never identified:

“In summer 2015, an APT29 spearphishing campaign directed emails containing a malicious link to over 1,000 recipients… In the course of that campaign, APT29 successfully compromised a U.S. political party.”

“In spring 2016, APT28 compromised the same political party,” the report continues. “Using the harvested credentials, APT28 was able to gain access and steal content, likely leading to the exfiltration of information from multiple senior party members. The U.S. Government assesses that information was leaked to the press and publicly disclosed.”

This could be referring to emails and documents of the Democratic National Committee, which were made public by Guccifer 2.0 and WikiLeaks – both of whom have categorically rejected any claim of Russian hackers being responsible. It could also refer to WikiLeaks publishing emails from the private account of Hillary Clinton’s campaign chairman John Podesta, over the course of a month prior to the November 8 election. The JAR does not actually say so, however.

Nor does the JAR note anywhere that it was CrowdStrike, a cybersecurity company hired by the DNC to investigate the June 2016 data breach, that accused APT28 and APT29 – which they named “Cozy Bear” and “Fancy Bear” – of being Russian government entities. CrowdStrike has never offered any proof for this assertion, which the JAR merely repeats without attribution.

In addition to CozyBear and FancyBear, the 13-page report includes a list of more ridiculous names for alleged Russian hacker groups, such as CakeDuke, CrouchingYeti, Energetic Bear, EVILTOSS, OLDBAIT, and SEADADDY.

The second half of the report is focused on mitigation strategies, from backing up one’s data and changing passwords to information-sharing with the government and giving Homeland Security access to networks for “voluntary assessments” of vulnerabilities.

An appendix to the report lists hundreds of IP addresses and code the authors say are “used by Russian civilian and military intelligence services.” While some of the addresses are in Russia, others are in the U.S., and none of the data actually points to Russian involvement.

Obama’s report on Russian hacking is a ‘case of fake news and propaganda’

Commentary by Annie Machon, RT.com, Dec 30, 2016

An FBI and Department of Homeland Security report on Russia’s alleged hacking of the U.S. presidential election provides no evidence and is a case of fake news and propaganda aimed at undermining the legitimacy of Donald Trump’s election win, says former MI5 intelligence officer Annie Machon.

The Obama administration on Thursday, December 29 imposed a set of unprecedented measures against Russia over alleged attempts to influence the U.S. presidential campaign this year. The new sanctions were unveiled after the release of the report by the FBI and the Department of Homeland Security. However, the document significantly lacks specifics. It doesn’t explain how two hacking groups described are linked to the Russian government.

RT asked whistleblower, and former MI5 intelligence officer Annie Machon what she makes of the evidence.

“This is very much a case of fake news, shall we say. It seems to serve two ends as well,” Machon said.

“On the day when the Syria ceasefire is announced, which has been brokered by Russia and Turkey, this hacking story is the one that will run and run in America, not the ceasefire in Syria. It’s all going to be about these Russians and hacking the election and things like that.

“I think this is the first stage – this is why it was announced that the Russian diplomats were going to be expelled,” she said.

“On the second point as well, it is a mass expulsion – 35 diplomats being thrown out of the country with no proof, with no sort of real intelligence. I think that has also been done to gain the idea, to solidify in public’s mind in America that actually Russia was involved in hacking the election.

“Where has that ‘hacking’ phrase evolved from? We don’t know. It was originally just hacking the DNC [Democratic National Committee] e-mails. So I think it is a sort of two-pronged attack that has been carried out, that has been carefully announced today to achieve that,” she said.

“One further point from that in terms of trying to solidify the fact that the Russians interfered in the democratic process of America – is part of this ongoing process to try to undermine the legitimacy of the election of Donald Trump – the next president,” Machon said.

The Joint Analysis Report (JAR) on “Russian malicious cyber activity” issued by the FBI and the DHS National Cybersecurity & Communications Integration Center (NCCIC) on Thursday begins with a disclaimer which reads: “This report is provided “as is” for informational purposes only. The Department of Homeland Security (DHS) does not provide any warranties of any kind regarding any information contained within.”

According to Machon, the FBI and DHS are “just covering their backs.”

“They know it’s much rubbish…they are trying to blind people with science, but there’s no real evidence,” she said.

“Running in parallel to this is a more serious investigation that Barack Obama apparently asked the CIA to carry out into this alleged Russian hacking of the election. That report is due to be announced no later than January 20 next year,” Machon said, adding that the timing is “interesting” since it’s the date of President-elect Donald Trump’s inauguration.

The report by the FBI and DHS doesn’t give any warranties, which “points to the fact that it is pure propaganda and they know it,” Machon told RT.

Annie Machon is a former intel­li­gence officer for MI5, the UK Secur­ity Ser­vice. She resigned in the late 1990s with her ex-partner, David Shayler to blow the whistle on the spies’ incom­pet­ence and crimes.

Circle January 15th: 70 Nations Will Gather In Paris To Discuss The Creation Of A Palestinian State

(We did not write this article; original article is HERE)

15-ball-public-domainOn January 15th, representatives from 70 different countries will gather in Paris, France for an unprecedented global conference.  The stated goal of this conference is to promote a “two-state solution” as the way that lasting peace will be brought to the Middle East.  In Israel, there is a tremendous amount of concern that whatever is agreed upon at this conference will immediately be used as the basis for a UN Security Council resolution that would permanently divide the land of Israel and create a Palestinian state.  But things would have to move very rapidly in order for that to happen, because Barack Obama’s time in the White House comes to an end on January 20th, and Donald Trump has already made it exceedingly clear that he would never support such a resolution.

The UN Security Council resolution that was passed on Friday was one of the most significant events that we have witnessed in decades.  Resolution 2334 made all Israeli settlements in the West Bank and in East Jerusalem illegal, it set the 1967 ceasefire lines as the border between the Israelis and the Palestinians, and it granted every single inch of East Jerusalem to the Palestinians.  But it stopped short of giving official UN Security Council recognition to a Palestinian state, and that is why this conference on January 15th is so important.

On Wednesday, U.S. Secretary of State John Kerry will lay out a plan which many believe will serve as the blueprint for the upcoming conference in Paris.  This is something that I discussed yesterday.  Apparently Kerry has been working on this for quite some time, and according to the Times of Israel, Jewish officials are fearful that he may propose something drastic…

At a press briefing Tuesday, State Department spokesman Mark Toner confirmed Kerry’s plans for the speech, though he refused to detail whether the top US diplomat would use the opportunity to announce a new American initiative, which officials in Jerusalem fear he may.

Toner said the secretary holds the conviction that “it is his duty in his remaining weeks and days as secretary of state to lay out what he believes is a way towards a two-state solution” and that “it’s always important to keep the process moving forward.”

If Kerry’s plan is embraced by the conference in Paris, it is anticipated by many that it would serve as the basis for a UN Security Council resolution that would formally create a Palestinian state before Donald Trump is inaugurated on January 20th.  The following comes from the Guardian

The Israeli government is reportedly fearful that any guidelines agreed in Paris would be turned into another UN resolution before Trump’s inauguration, and it has ratcheted up its rhetoric, presenting itself as the victim of an international conspiracy.

A spokesman for Netanyahu claimed to have “ironclad evidence” that the Obama administration had plotted behind the scenes to promote the UN resolution. Israel has said it will present evidence against the Obama administration to the incoming Trump team.

If what an Egyptian newspaper is claiming is true, then there may very well be an international conspiracy at work against Israel.  According to a transcript published by the Al-Youm Al-Sabea newspaper, John Kerry and U.S. National Security Adviser Susan Rice met with Palestinian officials in early December and presented Kerry’s plan to them at that time…

In a meeting in early December with top Palestinian negotiator Saeb Erekat, US Secretary of State John Kerry told the Palestinians that the US was prepared to cooperate with the Palestinians at the Security council, Israel’s Channel 1 TV said, quoting the Egyptian Al-Youm Al-Sabea newspaper.

Also present at the meeting were US National Security Adviser Susan Rice, and Majed Faraj, director of the Palestinian Authority’s General Intelligence Service.

Kerry is quoted as saying that he could present his ideas for a final status solution if the Palestinians pledge they will support the proposed framework. The US officials advised the Palestinians to travel to Riyadh to present the plan to Saudi leaders.

The Obama administration is denying all of this of course.  But if it is true, then the betrayal of Israel by Obama is much deeper than any of us realized.

With less than a month to go in his presidency, Barack Obama has decided to launch an all-out attack on Israel.  Once Resolution 2334 passed and the uproar against it was limited, that emboldened the Obama administration to go for broke.

Now it looks like they actually could try to get a Palestinian state created before he leaves office on January 20th, and if that happens it will be absolutely catastrophic for America.  You see, the truth is that we have been warned for many years that our land will be divided after the land of Israel is officially divided into two states.  Many of us have been watching for the creation of a Palestinian state for a very long time, and now we may be right on the verge of it happening.

When Donald Trump takes office he would not be able to reverse the creation of a Palestinian state, but one thing that he could do would be to move the U.S. embassy to Jerusalem.

If that happens, the Palestinians are promising to throw a massive temper tantrum

When asked how the Palestinians would react if Trump carried out his promise to move the US embassy to Jerusalem, Erekat reportedly said the Palestine Liberation Organization would rescind its recognition of Israel and ask Arab states to expel their US envoys.

Erekat made precisely that threat in a December 19 conference call organized by the Wilson Center policy forum. He said he would immediately resign as the chief Palestinian negotiator, and that “the PLO will revoke its recognition of Israel” as well as all previously signed agreements with Israel. Furthermore, said Erekat, all American embassies in the Arab world would be forced to close — not necessarily because Arab leaderships would want to close them, but because the infuriated public in the Arab world would not “allow” for the embassies to continue to operate.

Ultimately, everything that is happening now is setting the stage for the biggest war in the Middle East that we have ever seen.

So instead of this “peace process” being the solution, it is actually going to cause the Middle East to explode in violence.

For a very long time I have been warning that the worst days of the Obama era were still in front of us, and we are currently watching that play out right in front of our eyes.  This betrayal of Israel is the worst thing that he has done during his entire time in the White House, and now America is greatly cursed as a result.

John Kerry Unveils His Plan For A Palestinian State Based Upon 1967 Borders With East Jerusalem As The Capital

(We did not write this article; original article is HERE)

john-kerry-photo-by-david-hume-kennerlyBarack Obama stabbed Israel in the back on Friday, and now John Kerry has slapped Israel in the face just five days later.  In a shameful speech that lasted for 71 dreadful minutes, U.S. Secretary of State John Kerry laid out his plan for peace in the Middle East on Wednesday.  His six-part plan is being welcomed warmly by the Palestinians, but it has further infuriated the Israelis.  Kerry claims that his plan reflects the emerging global consensus as to what a “final solution” will look like, and now we will wait to see what the 70 nations that will be gathering in France to discuss the Israeli-Palestinian conflict on January 15th will do.  There is a great deal of concern that the principles agreed upon at that conference will form the basis for a UN Security Council resolution that will be rushed to a vote before President-elect Donald Trump is inaugurated on January 20th.

The core of Kerry’s plan is the division of the land of Israel into two states.  The borders between Israel and “Palestine” would be based upon the 1967 ceasefire lines with mutually agreed upon land swaps.  The following comes from ynetnews.com

Outgoing US Secretary of State John Kerry laid out the Obama administration’s parameters for peace between Israel and the Palestinians during a speech at the State Department on Wednesday that lasted 71 minutes, one of the longest in US State Department history.

Breaking sharply from longstanding US policy that foreign powers shouldn’t impose a solution, Kerry unveiled a six-part outline of what a future peace deal could look like. The outline tracked closely with principles long assumed to be part of an eventual deal, and Kerry insisted he was merely describing what’s emerged as points of general agreement.

Primarily, Kerry called to create a secure and recognized border between Israel and a contiguous Palestine along the 1967 lines, with “mutually agreed, equivalent (land) swaps.”

As part of the land swaps, Kerry insists that the Palestinians must be given land that connects the West Bank and the Gaza strip.  In his speech he stated that “Palestine must be viable and contiguous”, and he made it exceedingly clear that East Jerusalem will be the capital of the new Palestinian state.

Of course UN Security Council Resolution 2334 has already given the entire West Bank and every inch of East Jerusalem to the Palestinians.  So the only thing that another UN Security Council resolution would be needed for would be to formally establish a Palestinian state.

Kerry went on to say that if Israel does not accept a two-state solution “it will not have peace with the rest of the Arab world, I can guarantee that.”

Of course Kerry is half-correct in making that statement, because Israel will not have peace with the rest of the Arab world even if a Palestinian state is established.  In fact, the establishment of a Palestinian state would actually make war much more likely.

Kerry also shockingly claimed that “Israel can either be Jewish or democratic”

Kerry said a two-state solution, which calls for an independent Palestinian state existing peacefully alongside Israel, is the only way to guarantee the Jewish state’s long-term security in the region.

“If the choice is one state, Israel can either be Jewish or democratic, it cannot be both,” Kerry said.

Needless to say, Kerry’s speech sparked a tremendous amount of outrage among pro-Israel leaders here in the United States.

One of the leaders that is condemning Kerry’s remarks is U.S. Senator Ted Cruz.  In a strongly worded statement, he accused Barack Obama and John Kerry of being “relentless enemies of Israel”

Ted Cruz, a Republican senator and 2016 presidential candidate, lit into Kerry and Obama in a statement that accused of them being ‘bitter clingers.’

They’re ‘spending every last minute of this administration wreaking havoc domestically and abroad,’ he said.

‘These acts are shameful. They are designed to secure a legacy, and indeed they have: history will record and the world will fully understand Obama and Kerry as relentless enemies of Israel.’

And Donald Trump is speaking out as well.  On Twitter, he let the world know what he thinks about how the Obama administration has been treating Israel…

“We cannot continue to let Israel be treated with such total disdain and disrespect,” Trump tweeted. “The beginning of the end was the horrible Iran deal, and now this (U.N.!) Stay strong, Israel, January 20th is fast approaching!”

In response, Barack Obama actually got on the phone and called Donald Trump in an attempt to smooth things over.

After eight years of failure, Barack Obama has saved the very worst for last.  With less than 30 days to go in his presidency, he has chosen this moment to betray Israel, and by doing so he has greatly cursed America.

I don’t get upset about a lot these days, but this is something that is worth getting upset about.  If Obama would have just left things alone, everything would have been fine.  But instead of deferring to the next president on important matters, Obama has chosen to implement a “scorched earth policy” during his final month in the White House.

As we move into 2017, our relationship with Israel is going to be one of the biggest political issues that we are facing.

If you are anti-Israel, you are with Barack Obama, John Kerry, Hillary Clinton, the United Nations and all the rest of the globalists that are obsessed with dividing the land of Israel.

If you are pro-Israel, you are with Donald Trump, Mike Pence, Ted Cruz and all of the other brave leaders that are fighting the forces of globalism.

All over the world, the forces of anti-Semitism are rising.  Even here in the United States, there are large numbers of people that are virulently anti-Israel.

Ultimately, it is a spiritual thing.  Those that hate Israel and that hate the Jewish people are being inspired by the powers of darkness, and this cancer is spreading even among those that call themselves Bible-believing Christians.

God loves all people – and this includes the Israelis and the Palestinians.  And the ultimate solution to the problems in the Middle East would be to follow God’s blueprint, but unfortunately global leaders have their own ideas, and their anti-Semitic agenda is going to end up getting an enormous amount of people killed.

Socialist Tricks 101 – A Free Course on how the Left seeks to Control YOU

Socialist trick #001: Call yourself “Liberal” when you’re actually the opposite.

Socialist trick #002: Call yourself “Pro-Black”, when you actually create a programs that impoverishes & murders them (ie Planned Parenthood), and continue to persecute them under the table via Freemasonry.

Socialist trick #003: Lie.

Socialist trick #004: Lie some more.

Socialist trick #005: Deny that you lied.

Socialist trick #006: Slander the person that exposes your lies.

Socialist trick #007: Use the word “Democracy”, which is actually code for “Socialism”, in place of the phrase “Constitutional Republic”.

Socialist trick #008: Claim the Countries you HAVE made Communist are a “Republic”. (See #’s 3 & 4).

Socialist trick #009: Get control of a Country’s Education, so you can cover up all your tricks & sell the lies early, in the hopes that they are so well embedded no resistance follows. Damn the older generations.

Socialist trick #010: Divide the Country you want to control along Religious, so-called “Racial”, and even Political lines so you can take it over while they are all too busy bashing each over the head to notice.

Socialist trick #011: Ignore the fact that a Country’s Constitution legally declares that only Gold & Silver are real money, hide this in your co-opted / NEA controlled School System, & get the people to start using BILLS of DEBT instead of real money, so no one but the Banksters have real money.

Socialist trick #012: Use your controlled School System & Media to convince the majority of the Public that any person who teaches people about Socialist Tricks #001 – #012 are, “Conspiracy Theorists,” & Nutjobs even if they’re Ministers of God’s Word – ESPECIALLY if they’re Ministers of God’s Word.

Socialist trick #013: Claim ALL sane & honest whistleblowers are “Nutjobs” and/or “Conspiracy Theorists”, & claim that the black racists, the white racists, & any other racial nutjob are the ones who need to be heard, despite the fact that you made up the term “racism” in the first place.

Socialist trick #014: If no one believes the lies, take over the Media. If no one believes the Media’s lies, take over the Gov. If no one believes the Gov.’s lies, start attacking the people who expose them. If that doesn’t work, take away the guns. If all else fails, kill anyone who may speak Truth

Socialist trick #015: Use “Flat Earthers” and “Aliens” to discredit those who really are trying to teach Truth.

Socialist trick #016: Convince the majority of the People to pursue the proverbial carrot on a string (PLEASURE), rather than the true lasting happiness that results from pursuing truth & the liberty that results from it.

Socialist trick #017: Use the “Government” to take a bunch of the people’s money, then get them so blind via your control of the School System that they think you’re a loving parental figure when you give some of it back out of, “kindness.” (Especially when it’s your neighbor’s money and not yours).

Socialist trick #018: Convince the People that #017 is not Theft.

Socialist trick #019: Use the Poor People as an excuse to take some of everyone’s money, and get the People who claim to love God but don’t show it with their actions used to someone else doing their jobs for them.

Socialist trick #020: Convince the People that the Homeless are all drunks & drug addicts. (It’s easy since those are usually the only homeless people that are easily seen). That way, Government has an easier time of taking some of EVERYONE’s money.

Socialist trick #021: Invent a 501C3 type of red tape to try to take the real power away from Religious Institutions. Simultaneously, hide the fact that American Clergyman made up a HUGE percentage of those who fought in the Revolutionary War.

Socialist trick #022: Just like the Romans did after they became Tyrannical (Research the term “BREAD AND CIRCUSES”), distract the People from discussing & doing something about your corruption by filling their lives with meaningless Professional Sports events.

Cemetary School…

The Bible does not say, “thou shalt go to a seminary school before thoust may became a Minister of the Gospel and then thou receiveth the Holy Ghost.”

What Seminary school did the Disciples go to?

Perhaps it’s not a coincidence that “Seminary” and “Cemetary” are such similar sounding words…