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OpEdNews Op Eds    H2'ed 10/14/17

Something Wicked This Way Comes - War and Economic Crises

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Message John F Scanlon

Reading the Tea Leaves

War - The House and Senate have passed different versions of a 700 B Defense Budget.

Congressman Duncan Hunter's Editorial in the 9/29/2017 San Diego Union Tribune SDUT -- Hunter claimed North Korea was an existential threat to the US and San Diego would be a target. He espoused a preemptive attack.

Thursday 10/5/2017 President Trump at a dinner for his senior military stated,

"it's the calm before the storm."

Saturday 10/7/2017 President Trump speaking of North Korea stated,

"only one thing will work."

President Trump plans not to re certify Iran's compliance with the JCPOA by 10/15/2017.

10 04 2017 SDUT Bibi (Big Brother) Netanyahu in a visit to Maaleh Adumim stated, "We will build thousands of housing units here" This place will be part of the state of Israel""

Economic Crises - 2016 Debt to GDP was 253.5%

LT bond and equity prices relative to LT averages are near the highest they have been in modern history. The Cyclically adjusted price earnings ratio of the stock market is 30. It has only been higher twice in the 2000 dotcom bubble and before the 1929 crash. (The Economist 9/30/2017 (p.65) and 10/07/2017 (p.23))

The Fed plans to stop reinvesting principal redemptions on its LT bonds, by 10 B per month, beginning in October.

The Dow is approaching 23,000. There were 23,000 Levites in the second census before the Conquest of Canaan. Jews are an integral part of our financial systems and among those who manipulate our economy. Summers, Rubin, and their acolytes worked to deregulate before the great recession and to prevent reregulation after the great recession. I submit these men, and many of the plutocrats they work for, would prefer 23,000 as the next crisis point.

(Treasury's Summers, Treasury's Rubin, Fed's Greenspan, and SEC's Levitt are all Jews and all opposed CFTC Chairwoman Brooksley Born's 1999 attempt to regulate credit default swaps.

Fed Chairmen Greenspan, Bernanke, Yellen are all Jews and all oversaw regulatory forbearance in the run ups to the great recessions I and future II. 23,000 is a significant number.)

Crisis Point: Tuesday 10/31/2017 1:23 PM EST / or within the following two years.

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John F Scanlon is a mere Irish-American and a former Marine. He has a BA in Business Economics from UC Santa Barbara, 4 years experience as a bank loan officer, 13 years experience as a bank examiner, and 60+ years of life experience. He has (more...)
 

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