• THAT I MAY KNOW HIM![PHP.3:10]

    MERE CRITICISM CAN'T ROOT OUT THE DECAY FROM THE CHURCH TODAY!

    I was reading a message written about 17 years ago,and I came across something that made me wonder if it's true!

    Could it be that when one generation allows God’s house to become empty the next generation pays the price? Could it be that we are in danger of losing our children to the world because we have neglected to show them the power of God at work in and through the Church? These are heavy questions. And I don’t mean to come on too strong this evening, but let us take a good solid look at ourselves.

    The thing is most of us are now into the third generation as Christians. Most of us, my age, can remember our great-grandparents, our grandparents, and our parents. If you are saved and in the church now, it is probably because you had some strong Christian roots that were handed down from your great-grandparents to your grand-parents, to your parents. In other words, you have a background of folk who knew the Lord as their Saviour

    They were people of sacrifice and prayer. They cherished the Touch of God. Many of them blazed the trails. They laid the groundwork for the revival... the fire that consumed both the old and the young of that generation.

    In that sense,we of today, should be weeping, for we owe a great debt to those old soldiers, but the question for us is: “What’s happened to the fire and the sacrifice, and the prayer in us? What will we be leaving for the generation of young men and young women who are coming after us, who are watching what we do and how we act, and what we say, and how we treat one another, and that is if CHRIST JESUS TARRIES?

    Today, we have so allowed the enemy to frustrate the church and individual families that altars that were sacred have been abandoned. Pastors have gone haywire as God's Work became a financial investment. A money making venture. It NEVER was like this, with the likes of the late archbishop Idahosa that championed prosperity teachings. HOLINESS WAS AND SHOULD STILL BE AN UNCOMPROMISED VIRTUE. Holiness shouldn't be relegated to the background because of prosperity. God NEVER said anywhere in His Word that we would be beggars,as long as we maintain our absolute loyalty to Him. And that *loyalty* means obedience.

    Observing our evangelical Zion, I note that we are infected with a debilitating virus that was once confined to those living in the world. Our humour reflects what we watch on television. Consequently, we are growing increasingly coarse and sarcastic in responding to those about us. We defend ourselves in such a way that it appears that we no longer recognise the enemy. We seem to believe that anyone who does not agree with us deserves our scorn, or even our rage. James addresses the tendency of Christians to bring into the new life attitudes which should have been left in the world. We will do well to review his words and learn how to root out rot in our lives;
    19. Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath:
    20. For the wrath of man worketh not the righteousness of God.
    21. Wherefore lay apart all filthiness and superfluity of naughtiness, and receive with meekness the engrafted word, which is able to save your souls. (Jas 1: 19-21)

    Holiness is a concept that is seemingly absent from contemporary religious life. The holiness that is accepted among the saints(including pastors)appears artificial...a pale, insipid imitation of the real thing.
    Our piety is outward; we substitute religious observance for true holiness. The great tragedy of contemporary evangelicals is that we have what has been described as peg-leg religion...we have to strap it on every morning. And we do know that the devil is behind all this and making good use of the opportunity too.

    Please allow me to point out some of the observations I make concerning the absence of holiness.

    There was a day(a time)when modesty in dress and demeanour was a mark of a young woman’s or a young man’s Christian walk. I know that our grandmothers were somewhat fanatical about their dress, but somehow young women today, to say nothing of many older women, are indistinguishable from the world in their dress sense,(just to belong)!

    Perhaps we have forgotten the apostolic admonition that declares, “I desire then that in every place the men should pray, lifting holy hands without anger or quarrelling; likewise also that women should adorn themselves in respectable apparel, with modesty and self-control, not with braided hair and gold or pearls or costly attire, but with what is proper for women who profess godliness—with good works” [1 Timothy 2:8-10]. The Apostle specifically addresses women’s dress, as that is an apparent problem.

    But today,right from kindergarten, parents now dress their children in skimpy worldly attire,all in the name of modernism. When these kids grow up like this, what do we expect from them? And I am talking specifically about supposedly Christian parents...whom should be role models.

    It doesn't end with dress sense and expression.Neither of these observations immediately addresses the lack of gentleness, the absence of civility, or the apparent delight in harbouring hostility that now appears to mark the lives of many of the professed saints of God. We have seen them fight themselves on the electronic,print and even more on social media. Each with their own group of supporters prepared for any kind of showdown. These supporters/followers worship their pastors and not God. The word of their pastors is usually the truth. God help you if you speak evil of their *daddy* in their presence.

    In part, this condition exists and is tolerated, perhaps even fostered, because churches are run like business and congregants generally have a consumer mentality concerning church. Church leaders are too often selected, not on the basis of godliness, but because of their stature in the community, because of their business acumen, according to the size of their portfolio, or by other such criteria that are valued in the world. Congregants are loath to commit themselves to a congregation, and churches are reluctant to hold members accountable to the standards clearly set forth in the Word of God. Attendance at a service is more highly prized than is commitment and submission to the Body of Christ. As result of substituting our own values for godly values, we seldom witness church bodies that are regenerate. What we do witness are churches that are run like business with application of the latest psychological techniques to continue to “grow” the church.

    Pastors are chosen to be administrators instead of being shepherds charged with the ministry of the Word, protecting the flock, oversight of the church, pastoring the people and providing an example in godliness. Consequently, congregations are often ignorant of the Word and of the will of God, and they are frequently unruly in their deportment and conduct. However, Christians usually feel good about themselves, primarily because they are not held accountable for their behaviour and because they see their own behaviour as good as or better than that of the pastor.

    What a tragedy!!! And the devil is gloating over the disaster...but not for long will he gloat, because IT'S BIBLE PROPHECY PLAYING OUT. The most important thing is to be caught on the right side;
    3. For the time will come when they will not endure sound doctrine; but after their own lusts shall they heap to themselves teachers, having itching ears;
    4. And they shall turn away their ears from the truth, and shall be turned unto fables. (2Ti 4: 3-4)
    But on which side do we wish to be found...the Lord's side or the devil's side?

    We still have more on this coming by His Grace and Mercy, Amen !
    THAT I MAY KNOW HIM![PHP.3:10] 🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥 MERE CRITICISM CAN'T ROOT OUT THE DECAY FROM THE CHURCH TODAY! 🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥 I was reading a message written about 17 years ago,and I came across something that made me wonder if it's true! Could it be that when one generation allows God’s house to become empty the next generation pays the price? Could it be that we are in danger of losing our children to the world because we have neglected to show them the power of God at work in and through the Church? These are heavy questions. And I don’t mean to come on too strong this evening, but let us take a good solid look at ourselves. The thing is most of us are now into the third generation as Christians. Most of us, my age, can remember our great-grandparents, our grandparents, and our parents. If you are saved and in the church now, it is probably because you had some strong Christian roots that were handed down from your great-grandparents to your grand-parents, to your parents. In other words, you have a background of folk who knew the Lord as their Saviour They were people of sacrifice and prayer. They cherished the Touch of God. Many of them blazed the trails. They laid the groundwork for the revival... the fire that consumed both the old and the young of that generation. In that sense,we of today, should be weeping, for we owe a great debt to those old soldiers, but the question for us is: “What’s happened to the fire and the sacrifice, and the prayer in us? What will we be leaving for the generation of young men and young women who are coming after us, who are watching what we do and how we act, and what we say, and how we treat one another, and that is if CHRIST JESUS TARRIES? Today, we have so allowed the enemy to frustrate the church and individual families that altars that were sacred have been abandoned. Pastors have gone haywire as God's Work became a financial investment. A money making venture. It NEVER was like this, with the likes of the late archbishop Idahosa that championed prosperity teachings. HOLINESS WAS AND SHOULD STILL BE AN UNCOMPROMISED VIRTUE. Holiness shouldn't be relegated to the background because of prosperity. God NEVER said anywhere in His Word that we would be beggars,as long as we maintain our absolute loyalty to Him. And that *loyalty* means obedience. Observing our evangelical Zion, I note that we are infected with a debilitating virus that was once confined to those living in the world. Our humour reflects what we watch on television. Consequently, we are growing increasingly coarse and sarcastic in responding to those about us. We defend ourselves in such a way that it appears that we no longer recognise the enemy. We seem to believe that anyone who does not agree with us deserves our scorn, or even our rage. James addresses the tendency of Christians to bring into the new life attitudes which should have been left in the world. We will do well to review his words and learn how to root out rot in our lives; 19. Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath: 20. For the wrath of man worketh not the righteousness of God. 21. Wherefore lay apart all filthiness and superfluity of naughtiness, and receive with meekness the engrafted word, which is able to save your souls. (Jas 1: 19-21) Holiness is a concept that is seemingly absent from contemporary religious life. The holiness that is accepted among the saints(including pastors)appears artificial...a pale, insipid imitation of the real thing. Our piety is outward; we substitute religious observance for true holiness. The great tragedy of contemporary evangelicals is that we have what has been described as peg-leg religion...we have to strap it on every morning. And we do know that the devil is behind all this and making good use of the opportunity too. Please allow me to point out some of the observations I make concerning the absence of holiness. There was a day(a time)when modesty in dress and demeanour was a mark of a young woman’s or a young man’s Christian walk. I know that our grandmothers were somewhat fanatical about their dress, but somehow young women today, to say nothing of many older women, are indistinguishable from the world in their dress sense,(just to belong)! Perhaps we have forgotten the apostolic admonition that declares, “I desire then that in every place the men should pray, lifting holy hands without anger or quarrelling; likewise also that women should adorn themselves in respectable apparel, with modesty and self-control, not with braided hair and gold or pearls or costly attire, but with what is proper for women who profess godliness—with good works” [1 Timothy 2:8-10]. The Apostle specifically addresses women’s dress, as that is an apparent problem. But today,right from kindergarten, parents now dress their children in skimpy worldly attire,all in the name of modernism. When these kids grow up like this, what do we expect from them? And I am talking specifically about supposedly Christian parents...whom should be role models. It doesn't end with dress sense and expression.Neither of these observations immediately addresses the lack of gentleness, the absence of civility, or the apparent delight in harbouring hostility that now appears to mark the lives of many of the professed saints of God. We have seen them fight themselves on the electronic,print and even more on social media. Each with their own group of supporters prepared for any kind of showdown. These supporters/followers worship their pastors and not God. The word of their pastors is usually the truth. God help you if you speak evil of their *daddy* in their presence. In part, this condition exists and is tolerated, perhaps even fostered, because churches are run like business and congregants generally have a consumer mentality concerning church. Church leaders are too often selected, not on the basis of godliness, but because of their stature in the community, because of their business acumen, according to the size of their portfolio, or by other such criteria that are valued in the world. Congregants are loath to commit themselves to a congregation, and churches are reluctant to hold members accountable to the standards clearly set forth in the Word of God. Attendance at a service is more highly prized than is commitment and submission to the Body of Christ. As result of substituting our own values for godly values, we seldom witness church bodies that are regenerate. What we do witness are churches that are run like business with application of the latest psychological techniques to continue to “grow” the church. Pastors are chosen to be administrators instead of being shepherds charged with the ministry of the Word, protecting the flock, oversight of the church, pastoring the people and providing an example in godliness. Consequently, congregations are often ignorant of the Word and of the will of God, and they are frequently unruly in their deportment and conduct. However, Christians usually feel good about themselves, primarily because they are not held accountable for their behaviour and because they see their own behaviour as good as or better than that of the pastor. What a tragedy!!! And the devil is gloating over the disaster...but not for long will he gloat, because IT'S BIBLE PROPHECY PLAYING OUT. The most important thing is to be caught on the right side; 3. For the time will come when they will not endure sound doctrine; but after their own lusts shall they heap to themselves teachers, having itching ears; 4. And they shall turn away their ears from the truth, and shall be turned unto fables. (2Ti 4: 3-4) But on which side do we wish to be found...the Lord's side or the devil's side? We still have more on this coming by His Grace and Mercy, Amen 🙇🙏!
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  • TOWARDS THE PERFECT MAN![JAMES 1:4]

    THE REAL TRAGEDY IN THE CHURCH TODAY ISN'T SATAN. LET'S FIND OUT! (PT.2)


    Yesterday, our intentions are to focus on the true problem the Church of Christ Jesus is experiencing. Every committed believer would want to know. And it's not actually what we may be imagining.

    Frankly,if the it's same for you,we gotten ourselves into two groups...those of there who only want Christ Jesus as Savior but not Lord. THAT'S THE REAL PROBLEM IN THE CHURCH.

    And I promised talking o a lot about the first group and probably why they are okay crossing over like that.

    The first is that this world is facing a future raging inferno of immeasurable heat, of infinite power, and eternal duration, this coming inferno is the just wrath of God against sin. It is a fire that will destroy this entire world in judgment and will consume the enemies of God in hell. Secondly, Christ, Jesus Christ is God's only provision for escape from this coming wrath. Christ's death on the cross is the only way that sinners can be saved from this fire. Thirdly, just as those people had no way to save themselves from the raging inferno, we cannot save ourselves from the coming wrath. Our works cannot make us righteous in the sight of God.

    Oh, how the WORLD HATES and FIGHTS these THREE ASSERTIONS, all three of them. The world says, "THERE is no COMING WRATH of GOD" or "God, if HE DOES EXISTS, LOVES EVERYONE and will RESCUE EVERYONE FROM HELL, would not send anyone to hell, IT'S UNWORTHY of GOD to DISPLAY ANGER OR WRATH," those kinds of things.

    Others in te world says that Christ Jesus is not the only way to heaven and that it's ARROGANT for us as Christians to claim that HE is, that HE is the only way to heaven. Third, the world says that we actually can pay for our sins by our good works, righteousness in God's sight can be obtained by observing some kind of law or pattern of morality.

    Now, these assertions that I've made here are hated and opposed by many in the world today, but these assertions that I've made are taught powerfully in the text that we are going to be looking into....Galatians 2:21 and then Galatians 3:10-14. I kept as my jump off point, as I was meditating on this, Galatians 2:21. It's a text that captivated my mind and my imagination and my thoughts for much longer than I thought it would be. Galatians 2:21 says, "I DO NOT SET ASIDE THE GRACE OF GOD, for if righteousness could be gained through the law, THEN CHRIST JESUS DIED FOR NOTHING."

    So I concentrated on the phrase, the GRACE OF GOD, in Galatians 2:21. We're in the middle here in Galatians, of Paul's train of thought as he's explaining the Gospel of salvation through faith in Christ. The grace of God, then in Galatians 2:21, is the Gospel of Jesus Christ. It is the GRACIOUS PROVISION on that GOD has MADE for US.

    They give me an understanding of Christ Jesus as the only SAVIOUR that there is from the wrath of God. I'm going to make three assertions in this teaching, and the world hates all three of them.
    The first is that this world is facing a future raging inferno of immeasurable heat, of infinite power, and eternal duration, this coming inferno is the just wrath of God against sin. It is a fire that will destroy this entire world in judgment and will consume the enemies of God in hell.
    Secondly, Christ, Jesus is God's only provision for escape from this coming wrath. Christ Jesus's death on the Cross is the only way that sinners can be saved from this fire.
    Thirdly, just as those people had no way to save themselves from the raging inferno,taking place all over the world, we cannot save ourselves from the coming wrath. Our works cannot make us righteous in the sight of God. Just as there was no way for those tragic incidences for the affected people to climb down to safety, there is no way for us to use the law of God to climb up to safety.

    Oh, how the world hates and fights these three assertions, all three of them. The world says, "There is no coming wrath of God" or "God, if He exists, loves everyone and will rescue everyone from hell, would not send anyone to hell, it's unworthy of God to display anger or wrath," those kinds of things. The world says that Christ is not the only way to heaven and that it's arrogant for us as Christians to claim that he is, that he is the only way to heaven. Third, the world says that we actually can pay for our sins by our good works, righteousness in God's sight can be obtained by observing some kind of law or pattern of morality.

    I meditated on what the GRACE of GOD SAVES us FROM. It saves us MAINLY from the CURSE of GOD, THE WRATH of GOD. I concentrate on the significance of Christ Jesus becoming a curse for us in Galatians 3:13. I ZEROED in on the IDEA of SETTING ASIDE the GRACE of GOD. HE SAYS, "I do not SET ASIDE the GRACE of GOD." The word 'set aside' means to nullify, to render as nothing. I just like the translation 'set aside,' I think it's the best translation. How the human race tries to avoid the CROSS of CHRIST JESUS in various ways, especially by gaining righteousness through the law. I zero in on the logic of the verse, that righteousness cannot be gained any other way. That if righteousness could be gained in some other way, THEN Christ JESUS DIED FOR NOTHING. This is the doctrine of the exclusivity of Christ and of the Gospel.

    NOW, THIS IS THE VERY TRAGEDY IN VERY MANY UNQUANTIFIABLE NUMBERS OF OUR CHURCHES TODAY.

    Leaders of these churches with a cult like followership have made SALVATION,A ONE WAY AFFAIR......accept Christ Jesus,as your Savior and He will take care of the rest... prosperity, removal of anyone you feel is blocking your way forward....AND THE MOST DANGEROUS PATH....THE LIBERTY OF DOING CERTAIN THINGS THAT WE SHOULDN'T BE DOING BUT THAT WE FEEL GRACE WILL TAKE OF. AND LIKE I SAID IN THE INTRODUCTION, ONCE SAVED ALWAYS SAVED IS A PROMINENT DOCTRNE IN THIS SET OF TEACHINGS.

    Paul had a reason when he taught that, THAT I DON'T SET GRACE ASIDE....IN OTHER WORDS, GRACE ALONE WON'T DO IT ALL.

    When by His Grace and Mercy we return,WE SHALL LOOK INTO THE NECESSITY OF ACCEPTING CHRIST JESUS AS *,OUR LORD ALSO,.
    TILL THEN,MAY WE BE FILLED WITH THE PEACE AND GRACE OF GOD
    TOWARDS THE PERFECT MAN![JAMES 1:4] 🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥🚥 THE REAL TRAGEDY IN THE CHURCH TODAY ISN'T SATAN. LET'S FIND OUT! (PT.2) 🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️🛏️ Yesterday, our intentions are to focus on the true problem the Church of Christ Jesus is experiencing. Every committed believer would want to know. And it's not actually what we may be imagining. Frankly,if the it's same for you,we gotten ourselves into two groups...those of there who only want Christ Jesus as Savior but not Lord. THAT'S THE REAL PROBLEM IN THE CHURCH. And I promised talking o a lot about the first group and probably why they are okay crossing over like that. The first is that this world is facing a future raging inferno of immeasurable heat, of infinite power, and eternal duration, this coming inferno is the just wrath of God against sin. It is a fire that will destroy this entire world in judgment and will consume the enemies of God in hell. Secondly, Christ, Jesus Christ is God's only provision for escape from this coming wrath. Christ's death on the cross is the only way that sinners can be saved from this fire. Thirdly, just as those people had no way to save themselves from the raging inferno, we cannot save ourselves from the coming wrath. Our works cannot make us righteous in the sight of God. Oh, how the WORLD HATES and FIGHTS these THREE ASSERTIONS, all three of them. The world says, "THERE is no COMING WRATH of GOD" or "God, if HE DOES EXISTS, LOVES EVERYONE and will RESCUE EVERYONE FROM HELL, would not send anyone to hell, IT'S UNWORTHY of GOD to DISPLAY ANGER OR WRATH," those kinds of things. Others in te world says that Christ Jesus is not the only way to heaven and that it's ARROGANT for us as Christians to claim that HE is, that HE is the only way to heaven. Third, the world says that we actually can pay for our sins by our good works, righteousness in God's sight can be obtained by observing some kind of law or pattern of morality. Now, these assertions that I've made here are hated and opposed by many in the world today, but these assertions that I've made are taught powerfully in the text that we are going to be looking into....Galatians 2:21 and then Galatians 3:10-14. I kept as my jump off point, as I was meditating on this, Galatians 2:21. It's a text that captivated my mind and my imagination and my thoughts for much longer than I thought it would be. Galatians 2:21 says, "I DO NOT SET ASIDE THE GRACE OF GOD, for if righteousness could be gained through the law, THEN CHRIST JESUS DIED FOR NOTHING." So I concentrated on the phrase, the GRACE OF GOD, in Galatians 2:21. We're in the middle here in Galatians, of Paul's train of thought as he's explaining the Gospel of salvation through faith in Christ. The grace of God, then in Galatians 2:21, is the Gospel of Jesus Christ. It is the GRACIOUS PROVISION on that GOD has MADE for US. They give me an understanding of Christ Jesus as the only SAVIOUR that there is from the wrath of God. I'm going to make three assertions in this teaching, and the world hates all three of them. 👉The first is that this world is facing a future raging inferno of immeasurable heat, of infinite power, and eternal duration, this coming inferno is the just wrath of God against sin. It is a fire that will destroy this entire world in judgment and will consume the enemies of God in hell. 👉Secondly, Christ, Jesus is God's only provision for escape from this coming wrath. Christ Jesus's death on the Cross is the only way that sinners can be saved from this fire. 👉Thirdly, just as those people had no way to save themselves from the raging inferno,taking place all over the world, we cannot save ourselves from the coming wrath. Our works cannot make us righteous in the sight of God. Just as there was no way for those tragic incidences for the affected people to climb down to safety, there is no way for us to use the law of God to climb up to safety. Oh, how the world hates and fights these three assertions, all three of them. The world says, "There is no coming wrath of God" or "God, if He exists, loves everyone and will rescue everyone from hell, would not send anyone to hell, it's unworthy of God to display anger or wrath," those kinds of things. The world says that Christ is not the only way to heaven and that it's arrogant for us as Christians to claim that he is, that he is the only way to heaven. Third, the world says that we actually can pay for our sins by our good works, righteousness in God's sight can be obtained by observing some kind of law or pattern of morality. I meditated on what the GRACE of GOD SAVES us FROM. It saves us MAINLY from the CURSE of GOD, THE WRATH of GOD. I concentrate on the significance of Christ Jesus becoming a curse for us in Galatians 3:13. I ZEROED in on the IDEA of SETTING ASIDE the GRACE of GOD. HE SAYS, "I do not SET ASIDE the GRACE of GOD." The word 'set aside' means to nullify, to render as nothing. I just like the translation 'set aside,' I think it's the best translation. How the human race tries to avoid the CROSS of CHRIST JESUS in various ways, especially by gaining righteousness through the law. I zero in on the logic of the verse, that righteousness cannot be gained any other way. That if righteousness could be gained in some other way, THEN Christ JESUS DIED FOR NOTHING. This is the doctrine of the exclusivity of Christ and of the Gospel. NOW, THIS IS THE VERY TRAGEDY IN VERY MANY UNQUANTIFIABLE NUMBERS OF OUR CHURCHES TODAY. Leaders of these churches with a cult like followership have made SALVATION,A ONE WAY AFFAIR......accept Christ Jesus,as your Savior and He will take care of the rest... prosperity, removal of anyone you feel is blocking your way forward....AND THE MOST DANGEROUS PATH....THE LIBERTY OF DOING CERTAIN THINGS THAT WE SHOULDN'T BE DOING BUT THAT WE FEEL GRACE WILL TAKE OF. AND LIKE I SAID IN THE INTRODUCTION, ONCE SAVED ALWAYS SAVED IS A PROMINENT DOCTRNE IN THIS SET OF TEACHINGS. Paul had a reason when he taught that, THAT I DON'T SET GRACE ASIDE....IN OTHER WORDS, GRACE ALONE WON'T DO IT ALL. When by His Grace and Mercy we return,WE SHALL LOOK INTO THE NECESSITY OF ACCEPTING CHRIST JESUS AS *,OUR LORD ALSO,. TILL THEN,MAY WE BE FILLED WITH THE PEACE AND GRACE OF GOD 🥳🙏
    0 Kommentare 0 Anteile 7418 Ansichten
  • https://www.zerohedge.com/economics/wall-street-admits-biggest-economic-shocker-all-jobs-past-year-have-gone-illegal-aliens
    https://www.zerohedge.com/economics/wall-street-admits-biggest-economic-shocker-all-jobs-past-year-have-gone-illegal-aliens
    WWW.ZEROHEDGE.COM
    Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens
    We, for one, can't wait for Joe Biden to explain how this was remotely possible during his upcoming debate with Trump in three weeks time.
    Like
    1
    0 Kommentare 0 Anteile 1296 Ansichten
  • Embora a meditação seja frequentemente retratada como uma prática simples e acessível, muitos encontram uma série de obstáculos internos e externos ao tentar alcançar um estado de verdadeira paz mental .
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    Nandan expõe as Dificuldades na hora de Meditar no Meditantes PodCast.
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    Meditantes News:
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    .
    Playlist do Episodio:
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    📝 Embora a meditação seja frequentemente retratada como uma prática simples e acessível, muitos encontram uma série de obstáculos internos e externos ao tentar alcançar um estado de verdadeira paz mental . . 🙏 Nandan expõe as Dificuldades na hora de Meditar no Meditantes PodCast. . 🎧 no Youtube: 👇 https://www.youtube.com/watch?v=sWVDZYvvbRE&list=PLjXLCSmO7rtrJqH9Sxgyp6uPJB2tfSg3n . 🌏 Meditantes News:👇 https://meditantes.com.br/news/?p=2198 . 🎧 Playlist do Episodio: 👇 http://meditantes.com.br/podcast/62 . . Acesse, assista, ouça, aproveite, curte, comenta, compartilha... . #meditação #meditation #meditación #meditante #meditantes #meditantespodcast #podcast #aovivo #online #viral #shantirham #meditar #medite #meditativo
    0 Kommentare 0 Anteile 2007 Ansichten
  • Work From Home Disney Job. Starting at $15/Hr.
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    Work From Home Disney Job. Starting at $15/Hr. Jobs Go fast Apply ASAP!:https://sites.google.com/view/work--from-home-disney-job/home
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  • Some of our members are taking customization to the next level by building their own personal garages in OBS World! License Plate holders get extra perks!

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    🔧 Some of our members are taking customization to the next level by building their own personal garages in OBS World! 🚗💥 License Plate holders get extra perks! Download the games here: https://onelink.to/obsworld Join the community: https://t.me/OBSWorldOfficial #Blockchain #CarRacing #OBS
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  • The Fed's "Doomsday Book" Has Been Revealed
    The Corbett Report

    by James Corbett
    corbettreport.com
    May 26, 2024

    Back in 2011, shareholders of insurance giant American International Group (AIG) filed a $40 billion class action lawsuit against the US government over the terms of its controversial bailout of AIG during the 2008 financial crisis.

    In 2014, the trial case came to focus on an intriguing oddity. In cross-examination, the plaintiffs learned of a set of documents that the New York Fed—the heart of America's Federal Reserve central bank and the primary wheeler-dealer in the chaotic days of the global financial collapse—dramatically refers to as its "Doomsday Book."

    This book, it was discovered, contained the various legal opinions and memoranda that the Fed used to determine what power it has to manipulate the financial system in the event of a large-scale crisis. And, it seemed, there was a good chance that the central broke its own rules with all its bailout shenanigans and financial sleight-of-hand during the 2008 collapse.

    However, the plaintiffs' reasonable request to see the book and examine these supposed emergency powers was immediately rebuffed by the Fed. New York Fed lawyer John S. Kiernan, for example, was adamant that the Fed would not open up the book for the court. "Of the tens of thousands of documents that we have produced in this case, the Federal Reserve Bank of New York has sought to retain confidentiality because of the internal sensitivity of only this one," he told the United States Court of Federal Claims.

    The court was eventually able to pry the relevant documents out of the Fed's clutches, but the Doomsday Book has remained under court seal for years . . . until now.

    Late last year, an enterprising researcher managed to get his hands on a copy of the elusive book. And what that book contains should shock you (if you're paying attention).

    What Is The Doomsday Book?


    The very first thing to note about the "Doomsday Book" is that you can now read it for yourself! . . . kind of. I'll get into that qualification in a bit. But first, I do recommend you download the publicly available content for yourself. You can download it as a PDF file from The Wall Street Journal website HERE.

    And, since Corbett Reporteers might not like to give WSJ their traffic (and because these types of files have a pesky habit of disappearing down the internet rabbit hole), I've also gone ahead and preserved a copy on my server HERE! (You're welcome!) Still, you never know when/if/how information online will go missing or become inaccessible, so don't dither. Download it now, while you can!

    Alright, now that you have a copy saved locally, here's the first question: what is the doomsday book, exactly?

    The short answer—taken from an article announcing its release last December—is that the doomsday book is "an internal document used to guide the Federal Reserve’s actions during emergencies."

    The longer answer is that the Doomsday Book is not a book at all. Instead, it's a collection of documents, legal opinions and memoranda that have been assembled and maintained by the Federal Reserve Bank of New York (FRBNY) over the course of decades. It was first compiled in the 1990s and has been revised four times, thus creating five versions of the "book" (that we know of). The latest version is Version 5.0 and it includes extensive revisions to various memoranda and opinions—revisions that were made to reflect the legal and regulatory changes wrought by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act (see the "Note on Legal Evolution" on page 46 of the PDF document).

    According to the Prefatory Matters section of the latest revision (page 44 of the PDF document):

    The Doomsday Book is intended to help lawyers of the Federal Reserve Bank of New York aid their clients in crisis management. It was originally distributed to a limited set of lawyers and select senior staff members. This has changed with time, as more lawyers are drawn into crisis management. Now, all FRBNY lawyers receive a copy of the Doomsday Book.

    The same passage also explains that the book "is not intended as an 'off-the-shelf' solution to any particular crisis" but as a "playbook" of general advice that may require modification depending on the circumstances.

    So, the next question to be answered is . . .

    How Did The Doomsday Book Get Released?


    As indicated above, the Doomsday Book first came to the public's attention during the 2014 Starr International Co. v. United States trial, in which AIG shareholders were suing the government over the Fed's questionable bailout practices. (If you need a primer on that trial to bring you up to speed, you're in luck! I wrote an article about the case and its startling conclusion in these very pages nine years ago!)

    During the trial, Timothy Geithner—who was president of the FRBNY during the global financial collapse—not only confirmed the existence of the book, but admitted that he relied on it to guide his actions in the crisis. “It’s kind of a big, fat binder,” he told the court, adding that “we did occasionally go back and consult it as things were eroding around us. . . . It was a reference material that described precedent and authority.”

    And, as also noted above, although the plaintiffs' lawyers were able to get their hands on a copy of the book's index, the Fed successfully petitioned the court to keep the documents under court seal. Some quotations from the book were read into the court record during testimony, but, aside from that, no specific information on the documents was forthcoming.

    Enter Emre Kuvvet. He's a Professor of Finance at Nova Southeastern University who, recognizing the importance of this elusive emergency operations document, filed a Freedom of Information Act request to the Board of Governors of the Federal Reserve System for the book . . . and was promptly rejected. Not one to give up so easily, Kuvvet then filed a simple Freedom of Information request with the FRBNY and—"for reasons unknown to me," as Kuvvet wryly observes—was duly provided the 122-page document that you just downloaded.

    Now, in order to understand why the FRBNY's compliance with this request is so unusual, you have to understand the difference between the Board of Governors of the Federal Reserve System—the twelve-member panel appointed by the US president and confirmed by the US Senate to oversee the Federal Reserve System—and the Federal Reserve Bank of New York—the most powerful of the twelve regional banks that are responsible for the banking operations of the Federal Reserve System.

    If you need a refresher on the deliberately confusing structure of the United States' "decentralized central bank," might I humbly suggest that you watch (or re-watch) Century of Enslavement: The History of The Federal Reserve? If and when you do so, you will see for yourself the moment when Federal Reserve Board Senior Counsel Yvonne Mizusawa argues in court that the Federal Reserve Regional Banks (not the Board) are private banks and thus not "persons under FOIA."

    In other words, the Federal Reserve argues that the records of the Fed's regional banks—including their legal opinions, memoranda, internal records and, of course, the New York Fed's coveted Doomsday Book—are not subject to the Freedom of Information Act. However, no doubt concerned with the optics created by an un-FOIA-able central bank, the FRBNY has a "Freedom of Information Requests" page on its website in which it boasts that "the New York Fed is committed to complying with the spirit of FOIA and has had a Freedom of Information Policy or related practice for decades."

    In other words, the New York Fed does not believe itself to be legally obligated to give up any of its precious documents . . . but it might occasionally choose to do so if you ask nicely. Accordingly, the FRBNY provided Kuvvet with versions 4.1 (2006) and 5.0 (2012) of the book's index. He then set to work writing an extensive article about the documents, "What Is in the Federal Reserve’s Doomsday Book?" (paywalled content), which was published in the Spring 2024 edition of The Independent Review.

    The title of Kuvvet's article raises another very good question, namely . . .

    What Is In The Doomsday Book?


    Remember when I said you can download the book for yourself . . . kind of? Well, here's the rub: the 122-page PDF document that was released in 2022 and is now available for download is not the full collection of documents. Rather, what has been released is an introduction to the book.

    Spread out over more than 100 pages, this introduction includes an extensive index of the contents of the full book; a listing of the titles and dates of the various agreements, memos and opinions that form the full collection; the Fed's own internal notes explaining what the collection is; an explanation of what the various sections of the book contain; and even an especially revealing explanatory passage containing the frank admission that "the powers of a Federal Reserve Bank are far greater than is commonly supposed" (page 33).

    The latest version of the Doomsday Book introduction reveals that the book consists of three volumes:

    Volume I – Pre-2008 Legal Documents

    Volume II – Post-2008 Legal Documents

    Volume III – Memoranda

    For a complete listing of what documents are contained in each volume and what subject each document covers, you can browse through the confusing and repetitive PDF document or you can read Kuvvet's article for a more logical (if still ponderous) listing.

    The introduction to Version 4.1, however, does helpfully break down the legal memoranda in the book into broad categories of memo:

    "Powers Opinions," which "discuss the legal authority of Federal Reserve Banks to provide various kinds of emergency services and facilities that they are not in the habit of providing under ordinary circumstances";

    "History and Policy," documenting the history of the Federal Reserve's policy decisions and previous emergency actions;

    "Operational Issues," which "discuss legal aspects of operational issues, and are probably mostly of interest to attorneys";

    "Bankruptcy and Insolvency Law Issues," dealing with the legal risk of lending to bankrupt or insolvent firms;

    "International Issues," dealing with the cross-border operations the Fed might employ during international crises;

    Etc.

    As for the agreements, memoranda and opinions themselves, there are some incredibly interesting documents listed that no doubt contain many valuable nuggets of information about the Fed's internal processes.

    For the policy wonks and financial eggheads in the crowd, the agreements contained in the book provide a wealth of data on what the Fed believes it is empowered to do during times of crisis. As Kuvvet notes in his "What Is in the Federal Reserve’s Doomsday Book?" article, for instance:

    In the Section 13(13) Lending Agreement subsection, the FRBNY states that the section 13(13) lending authority can be useful for nonbank government securities dealers. The FRBNY believes that Federal Reserve Banks are authorized to accept ineligible collateral to supplement eligible collateral.

    Conspiracy realists, meanwhile, will no doubt be intrigued by the "Chronology of Events at the Federal Reserve Bank of New York After the World Trade Center Attack" in the "History and Policy" section of the book. According to the Fed's own description on page 35 of the PDF, the document "begins with the morning of September 11, 2001 and concludes with the full resumption of operations on September 24" and "discusses all significant events: financial, operational and humanitarian."

    So, how does the New York Fed's internal history of the 9/11 false flag differ from the public version—"The Federal Reserve's Response to the Sept. 11 Attacks"—on the Federal Reserve Bank of St. Louis' website? Does it include information on the puzzling monetary events taking place in the lead-up to those attacks—events that include the largest June-August spike in the currency component of the M1 money supply in half a century? Does it hold the clue to the Die Hard 3-esque gold heist that may or may not have taken place in New York on the day of the attacks?

    Good questions!

    Unfortunately, until such time as some intrepid reporter, professor of finance or Corbett Reporteer jumps through the hoops of the New York Fed's Freedom of Information Requests process and pries this specific document—or any of the other documents listed in the Doomsday Book index—from the bankster's clutches, we won't know for sure. After all, we only have the titles of these documents and a cursory description of them from the Doomsday Book's index.

    All of this leads us to the most important question . . .

    What Does It Mean?


    The first-order takeaway from the Doomsday Book is that the Fed apparently believes that it has the authority to do quite a bit more in the event of an emergency than has been specifically authorized by the Federal Reserve Act.

    For a line-by-line, blow-by-blow analysis of these presumed powers and the Fed's arguments surrounding them, I highly suggest reading Kuvvet's article. In it, you will learn, for instance, that the Fed believes it has the authority to bail out cities during "emergency situations" . . . whatever those are.

    Surprisingly, the FRBNY states that section 13(3) lending authority extends to municipalities, and that there is an additional independent section 14(b)(1)17 lending authority for municipalities. Thus, the FRBNY considers that it has the legal authority to rescue municipalities in emergency situations. The Doomsday Book does not define what those “emergency situations” are.

    Even more remarkably, the Fed also reserves the power to receive "equity kickers"—that is, take an ownership stake in a company and presumably even take over a company entirely—when engaged in emergency lending. This is the power that was under scrutiny during the aforementioned AIG shareholder lawsuit, Starr International Co. v. United States, and it raises the specter of the Fed taking over and potentially running companies or even vast swaths of the economy in the face of a truly catastrophic economic collapse.

    Per Kuvvet:

    Lenders receive equity kickers frequently to compensate for risk. The FRBNY received an equity kicker in the AIG loan. The FRBNY considers that the scope of the power to receive an equity kicker remains uncertain, particularly whether the National Bank Act restrictions on equity kickers apply to Reserve Banks. The memorandum titled “Equity Kickers and Reserve Bank Loans” contends that they do not. Lenders sometimes employ guarantees appurtenant to financial transactions, and often employ guarantees in workout contexts. The memoranda titled “AIG Loan Restructuring-Reserve Bank Powers” and “Authority of Reserve Banks to Issue Guarantees on Behalf of Depository Institutions” explore the limits of the guarantee power.

    But perhaps the most brazen statement of the Fed's self-proclaimed emergency power comes in the section on "Powers Opinions" on page 33 of the Doomsday Book PDF.

    The powers opinions discuss the legal authority of Federal Reserve Banks to provide various kinds of emergency services and facilities that they are not in the habit of providing under ordinary circumstances. [. . .] A constant theme runs through them all: the powers of a Federal Reserve Bank are far greater than is commonly supposed.

    This is perhaps the most succinct statement of the banksters' arrogance that have ever been set to paper. In other words, the Fed's own internal document is gloating that the Fed reserves itself powers that the public do not know about and presumably would not approve of if they did. This does not trouble the Fed or its legal counsel in the slightest.

    So, what are we to make of this galling arrogance?

    Writing in The Hill, op-ed contributor Doug Branch—whose bio notes that he served as Deputy Staff Director of the Joint Economic Committee (JEC) and Deputy Chief of Staff to a Financial Services Subcommittee Chairman in the US government—predictably opines that what is needed is for the government to step in and rein in the Fed, passing legislation to "unambiguously authorize" those emergency powers that the Fed claims and that Congress deems necessary. Congress should also, in Branch's opinion "reserve the right to disapprove [of a Fed emergency power] through an after-action process."

    Although Branch's answer sounds perfectly straightforward and reasonable—reasonable to statists who believe in The Most Dangerous Superstition, at least—it fails to grasp an extremely basic fact, one that governs all such "emergency powers" and "states of exception." Namely, the fact that power—especially emergency power—is a thing that is demonstrated, not codified.

    Case in point: the Starr International Co. v. United States case in which the Doomsday Book's existence was first revealed. If you read my 2015 article on that case, you'll know that case's insane conclusion. The court ultimately ruled that the Fed had indeed overstepped its powers in the course of the AIG bailout . . . but imposed no penalty and awarded the prosecution nothing.

    Based upon the foregoing, the Court concludes that the Credit Agreement Shareholder Class shall prevail on liability due to the Government’s illegal exaction, but shall recover zero damages, and that the Reverse Stock Split Shareholder Class shall not prevail on liability or damages.

    Naturally, the Fed took this decision as vindication that it had acted legally.

    The Federal Reserve strongly believes that its actions in the AIG rescue during the height of the financial crisis in 2008 were legal, proper and effective. The court's decision today in Starr International Company, Inc. v. the United States recognizes that AIG's shareholders are not entitled to compensation for that decision, and that the Federal Reserve's extension of credit to AIG prevented losses to millions of policyholders, small businesses, and American workers who would have been harmed by AIG's collapse during the financial crisis. The terms of the credit were appropriately tough to protect taxpayers from the risks the rescue loan presented when it was made.

    This is how power operates. It acts—illegally if need be—and the judge comes along afterward to clean up the mess.

    The fact that the Fed's powers have not been delineated down to the nth degree is a feature of the system that the banksters have created, not a bug, as Doug Branch suggests. The banksters who own and run the Fed and who control Congress through blackmail, bribery and extortion are not going to make the mistake of stating exactly what powers they do and don't possess. And they're certainly not going to allow such limitations on their powers to be codified into law. Instead, they will act as power always acts: unilaterally, unapologetically, and without asking for permission.

    Sorry (not sorry) to burst your bubble, Mr. Branch, and all those other "common sense" thinkers who believe that government is the answer to the problem that was created by the (bankster-controlled) government, but there is no tinkering around the edges here. No amount of legislation is going to make the entire corrupt Federal Reserve System into anything other than the bankster cartel that it was designed to be.

    No, we do not need to "rein in" the Fed or set up yet another government committee to try to codify its powers. We need to abolish the Fed itself and bring about a separation of money and state altogether. That is the real takeaway from the Fed Doomsday Book.

    For enterprising researchers out there, I look forward to hearing about your own exploration of these documents and your own adventures with the FRBNY's "Freedom of Information Request" process.

    The cockroaches always scurry from the light, so let's see if we can shine some more of it on this whole sordid mess.

    Like this type of essay? Then you’ll love The Corbett Report Subscriber newsletter, which contains my weekly editorial as well as recommended reading, viewing and listening. If you’re a Corbett Report member, you can sign in to corbettreport.com and read the newsletter today.

    Not a member yet? Sign up today to access the newsletter and support this work.


    https://open.substack.com/pub/corbettreport/p/the-feds-doomsday-book-has-been-revealed?r=29hg4d&utm_medium=ios
    The Fed's "Doomsday Book" Has Been Revealed The Corbett Report by James Corbett corbettreport.com May 26, 2024 Back in 2011, shareholders of insurance giant American International Group (AIG) filed a $40 billion class action lawsuit against the US government over the terms of its controversial bailout of AIG during the 2008 financial crisis. In 2014, the trial case came to focus on an intriguing oddity. In cross-examination, the plaintiffs learned of a set of documents that the New York Fed—the heart of America's Federal Reserve central bank and the primary wheeler-dealer in the chaotic days of the global financial collapse—dramatically refers to as its "Doomsday Book." This book, it was discovered, contained the various legal opinions and memoranda that the Fed used to determine what power it has to manipulate the financial system in the event of a large-scale crisis. And, it seemed, there was a good chance that the central broke its own rules with all its bailout shenanigans and financial sleight-of-hand during the 2008 collapse. However, the plaintiffs' reasonable request to see the book and examine these supposed emergency powers was immediately rebuffed by the Fed. New York Fed lawyer John S. Kiernan, for example, was adamant that the Fed would not open up the book for the court. "Of the tens of thousands of documents that we have produced in this case, the Federal Reserve Bank of New York has sought to retain confidentiality because of the internal sensitivity of only this one," he told the United States Court of Federal Claims. The court was eventually able to pry the relevant documents out of the Fed's clutches, but the Doomsday Book has remained under court seal for years . . . until now. Late last year, an enterprising researcher managed to get his hands on a copy of the elusive book. And what that book contains should shock you (if you're paying attention). What Is The Doomsday Book? The very first thing to note about the "Doomsday Book" is that you can now read it for yourself! . . . kind of. I'll get into that qualification in a bit. But first, I do recommend you download the publicly available content for yourself. You can download it as a PDF file from The Wall Street Journal website HERE. And, since Corbett Reporteers might not like to give WSJ their traffic (and because these types of files have a pesky habit of disappearing down the internet rabbit hole), I've also gone ahead and preserved a copy on my server HERE! (You're welcome!) Still, you never know when/if/how information online will go missing or become inaccessible, so don't dither. Download it now, while you can! Alright, now that you have a copy saved locally, here's the first question: what is the doomsday book, exactly? The short answer—taken from an article announcing its release last December—is that the doomsday book is "an internal document used to guide the Federal Reserve’s actions during emergencies." The longer answer is that the Doomsday Book is not a book at all. Instead, it's a collection of documents, legal opinions and memoranda that have been assembled and maintained by the Federal Reserve Bank of New York (FRBNY) over the course of decades. It was first compiled in the 1990s and has been revised four times, thus creating five versions of the "book" (that we know of). The latest version is Version 5.0 and it includes extensive revisions to various memoranda and opinions—revisions that were made to reflect the legal and regulatory changes wrought by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act (see the "Note on Legal Evolution" on page 46 of the PDF document). According to the Prefatory Matters section of the latest revision (page 44 of the PDF document): The Doomsday Book is intended to help lawyers of the Federal Reserve Bank of New York aid their clients in crisis management. It was originally distributed to a limited set of lawyers and select senior staff members. This has changed with time, as more lawyers are drawn into crisis management. Now, all FRBNY lawyers receive a copy of the Doomsday Book. The same passage also explains that the book "is not intended as an 'off-the-shelf' solution to any particular crisis" but as a "playbook" of general advice that may require modification depending on the circumstances. So, the next question to be answered is . . . How Did The Doomsday Book Get Released? As indicated above, the Doomsday Book first came to the public's attention during the 2014 Starr International Co. v. United States trial, in which AIG shareholders were suing the government over the Fed's questionable bailout practices. (If you need a primer on that trial to bring you up to speed, you're in luck! I wrote an article about the case and its startling conclusion in these very pages nine years ago!) During the trial, Timothy Geithner—who was president of the FRBNY during the global financial collapse—not only confirmed the existence of the book, but admitted that he relied on it to guide his actions in the crisis. “It’s kind of a big, fat binder,” he told the court, adding that “we did occasionally go back and consult it as things were eroding around us. . . . It was a reference material that described precedent and authority.” And, as also noted above, although the plaintiffs' lawyers were able to get their hands on a copy of the book's index, the Fed successfully petitioned the court to keep the documents under court seal. Some quotations from the book were read into the court record during testimony, but, aside from that, no specific information on the documents was forthcoming. Enter Emre Kuvvet. He's a Professor of Finance at Nova Southeastern University who, recognizing the importance of this elusive emergency operations document, filed a Freedom of Information Act request to the Board of Governors of the Federal Reserve System for the book . . . and was promptly rejected. Not one to give up so easily, Kuvvet then filed a simple Freedom of Information request with the FRBNY and—"for reasons unknown to me," as Kuvvet wryly observes—was duly provided the 122-page document that you just downloaded. Now, in order to understand why the FRBNY's compliance with this request is so unusual, you have to understand the difference between the Board of Governors of the Federal Reserve System—the twelve-member panel appointed by the US president and confirmed by the US Senate to oversee the Federal Reserve System—and the Federal Reserve Bank of New York—the most powerful of the twelve regional banks that are responsible for the banking operations of the Federal Reserve System. If you need a refresher on the deliberately confusing structure of the United States' "decentralized central bank," might I humbly suggest that you watch (or re-watch) Century of Enslavement: The History of The Federal Reserve? If and when you do so, you will see for yourself the moment when Federal Reserve Board Senior Counsel Yvonne Mizusawa argues in court that the Federal Reserve Regional Banks (not the Board) are private banks and thus not "persons under FOIA." In other words, the Federal Reserve argues that the records of the Fed's regional banks—including their legal opinions, memoranda, internal records and, of course, the New York Fed's coveted Doomsday Book—are not subject to the Freedom of Information Act. However, no doubt concerned with the optics created by an un-FOIA-able central bank, the FRBNY has a "Freedom of Information Requests" page on its website in which it boasts that "the New York Fed is committed to complying with the spirit of FOIA and has had a Freedom of Information Policy or related practice for decades." In other words, the New York Fed does not believe itself to be legally obligated to give up any of its precious documents . . . but it might occasionally choose to do so if you ask nicely. Accordingly, the FRBNY provided Kuvvet with versions 4.1 (2006) and 5.0 (2012) of the book's index. He then set to work writing an extensive article about the documents, "What Is in the Federal Reserve’s Doomsday Book?" (paywalled content), which was published in the Spring 2024 edition of The Independent Review. The title of Kuvvet's article raises another very good question, namely . . . What Is In The Doomsday Book? Remember when I said you can download the book for yourself . . . kind of? Well, here's the rub: the 122-page PDF document that was released in 2022 and is now available for download is not the full collection of documents. Rather, what has been released is an introduction to the book. Spread out over more than 100 pages, this introduction includes an extensive index of the contents of the full book; a listing of the titles and dates of the various agreements, memos and opinions that form the full collection; the Fed's own internal notes explaining what the collection is; an explanation of what the various sections of the book contain; and even an especially revealing explanatory passage containing the frank admission that "the powers of a Federal Reserve Bank are far greater than is commonly supposed" (page 33). The latest version of the Doomsday Book introduction reveals that the book consists of three volumes: Volume I – Pre-2008 Legal Documents Volume II – Post-2008 Legal Documents Volume III – Memoranda For a complete listing of what documents are contained in each volume and what subject each document covers, you can browse through the confusing and repetitive PDF document or you can read Kuvvet's article for a more logical (if still ponderous) listing. The introduction to Version 4.1, however, does helpfully break down the legal memoranda in the book into broad categories of memo: "Powers Opinions," which "discuss the legal authority of Federal Reserve Banks to provide various kinds of emergency services and facilities that they are not in the habit of providing under ordinary circumstances"; "History and Policy," documenting the history of the Federal Reserve's policy decisions and previous emergency actions; "Operational Issues," which "discuss legal aspects of operational issues, and are probably mostly of interest to attorneys"; "Bankruptcy and Insolvency Law Issues," dealing with the legal risk of lending to bankrupt or insolvent firms; "International Issues," dealing with the cross-border operations the Fed might employ during international crises; Etc. As for the agreements, memoranda and opinions themselves, there are some incredibly interesting documents listed that no doubt contain many valuable nuggets of information about the Fed's internal processes. For the policy wonks and financial eggheads in the crowd, the agreements contained in the book provide a wealth of data on what the Fed believes it is empowered to do during times of crisis. As Kuvvet notes in his "What Is in the Federal Reserve’s Doomsday Book?" article, for instance: In the Section 13(13) Lending Agreement subsection, the FRBNY states that the section 13(13) lending authority can be useful for nonbank government securities dealers. The FRBNY believes that Federal Reserve Banks are authorized to accept ineligible collateral to supplement eligible collateral. Conspiracy realists, meanwhile, will no doubt be intrigued by the "Chronology of Events at the Federal Reserve Bank of New York After the World Trade Center Attack" in the "History and Policy" section of the book. According to the Fed's own description on page 35 of the PDF, the document "begins with the morning of September 11, 2001 and concludes with the full resumption of operations on September 24" and "discusses all significant events: financial, operational and humanitarian." So, how does the New York Fed's internal history of the 9/11 false flag differ from the public version—"The Federal Reserve's Response to the Sept. 11 Attacks"—on the Federal Reserve Bank of St. Louis' website? Does it include information on the puzzling monetary events taking place in the lead-up to those attacks—events that include the largest June-August spike in the currency component of the M1 money supply in half a century? Does it hold the clue to the Die Hard 3-esque gold heist that may or may not have taken place in New York on the day of the attacks? Good questions! Unfortunately, until such time as some intrepid reporter, professor of finance or Corbett Reporteer jumps through the hoops of the New York Fed's Freedom of Information Requests process and pries this specific document—or any of the other documents listed in the Doomsday Book index—from the bankster's clutches, we won't know for sure. After all, we only have the titles of these documents and a cursory description of them from the Doomsday Book's index. All of this leads us to the most important question . . . What Does It Mean? The first-order takeaway from the Doomsday Book is that the Fed apparently believes that it has the authority to do quite a bit more in the event of an emergency than has been specifically authorized by the Federal Reserve Act. For a line-by-line, blow-by-blow analysis of these presumed powers and the Fed's arguments surrounding them, I highly suggest reading Kuvvet's article. In it, you will learn, for instance, that the Fed believes it has the authority to bail out cities during "emergency situations" . . . whatever those are. Surprisingly, the FRBNY states that section 13(3) lending authority extends to municipalities, and that there is an additional independent section 14(b)(1)17 lending authority for municipalities. Thus, the FRBNY considers that it has the legal authority to rescue municipalities in emergency situations. The Doomsday Book does not define what those “emergency situations” are. Even more remarkably, the Fed also reserves the power to receive "equity kickers"—that is, take an ownership stake in a company and presumably even take over a company entirely—when engaged in emergency lending. This is the power that was under scrutiny during the aforementioned AIG shareholder lawsuit, Starr International Co. v. United States, and it raises the specter of the Fed taking over and potentially running companies or even vast swaths of the economy in the face of a truly catastrophic economic collapse. Per Kuvvet: Lenders receive equity kickers frequently to compensate for risk. The FRBNY received an equity kicker in the AIG loan. The FRBNY considers that the scope of the power to receive an equity kicker remains uncertain, particularly whether the National Bank Act restrictions on equity kickers apply to Reserve Banks. The memorandum titled “Equity Kickers and Reserve Bank Loans” contends that they do not. Lenders sometimes employ guarantees appurtenant to financial transactions, and often employ guarantees in workout contexts. The memoranda titled “AIG Loan Restructuring-Reserve Bank Powers” and “Authority of Reserve Banks to Issue Guarantees on Behalf of Depository Institutions” explore the limits of the guarantee power. But perhaps the most brazen statement of the Fed's self-proclaimed emergency power comes in the section on "Powers Opinions" on page 33 of the Doomsday Book PDF. The powers opinions discuss the legal authority of Federal Reserve Banks to provide various kinds of emergency services and facilities that they are not in the habit of providing under ordinary circumstances. [. . .] A constant theme runs through them all: the powers of a Federal Reserve Bank are far greater than is commonly supposed. This is perhaps the most succinct statement of the banksters' arrogance that have ever been set to paper. In other words, the Fed's own internal document is gloating that the Fed reserves itself powers that the public do not know about and presumably would not approve of if they did. This does not trouble the Fed or its legal counsel in the slightest. So, what are we to make of this galling arrogance? Writing in The Hill, op-ed contributor Doug Branch—whose bio notes that he served as Deputy Staff Director of the Joint Economic Committee (JEC) and Deputy Chief of Staff to a Financial Services Subcommittee Chairman in the US government—predictably opines that what is needed is for the government to step in and rein in the Fed, passing legislation to "unambiguously authorize" those emergency powers that the Fed claims and that Congress deems necessary. Congress should also, in Branch's opinion "reserve the right to disapprove [of a Fed emergency power] through an after-action process." Although Branch's answer sounds perfectly straightforward and reasonable—reasonable to statists who believe in The Most Dangerous Superstition, at least—it fails to grasp an extremely basic fact, one that governs all such "emergency powers" and "states of exception." Namely, the fact that power—especially emergency power—is a thing that is demonstrated, not codified. Case in point: the Starr International Co. v. United States case in which the Doomsday Book's existence was first revealed. If you read my 2015 article on that case, you'll know that case's insane conclusion. The court ultimately ruled that the Fed had indeed overstepped its powers in the course of the AIG bailout . . . but imposed no penalty and awarded the prosecution nothing. Based upon the foregoing, the Court concludes that the Credit Agreement Shareholder Class shall prevail on liability due to the Government’s illegal exaction, but shall recover zero damages, and that the Reverse Stock Split Shareholder Class shall not prevail on liability or damages. Naturally, the Fed took this decision as vindication that it had acted legally. The Federal Reserve strongly believes that its actions in the AIG rescue during the height of the financial crisis in 2008 were legal, proper and effective. The court's decision today in Starr International Company, Inc. v. the United States recognizes that AIG's shareholders are not entitled to compensation for that decision, and that the Federal Reserve's extension of credit to AIG prevented losses to millions of policyholders, small businesses, and American workers who would have been harmed by AIG's collapse during the financial crisis. The terms of the credit were appropriately tough to protect taxpayers from the risks the rescue loan presented when it was made. This is how power operates. It acts—illegally if need be—and the judge comes along afterward to clean up the mess. The fact that the Fed's powers have not been delineated down to the nth degree is a feature of the system that the banksters have created, not a bug, as Doug Branch suggests. The banksters who own and run the Fed and who control Congress through blackmail, bribery and extortion are not going to make the mistake of stating exactly what powers they do and don't possess. And they're certainly not going to allow such limitations on their powers to be codified into law. Instead, they will act as power always acts: unilaterally, unapologetically, and without asking for permission. Sorry (not sorry) to burst your bubble, Mr. Branch, and all those other "common sense" thinkers who believe that government is the answer to the problem that was created by the (bankster-controlled) government, but there is no tinkering around the edges here. No amount of legislation is going to make the entire corrupt Federal Reserve System into anything other than the bankster cartel that it was designed to be. No, we do not need to "rein in" the Fed or set up yet another government committee to try to codify its powers. We need to abolish the Fed itself and bring about a separation of money and state altogether. That is the real takeaway from the Fed Doomsday Book. For enterprising researchers out there, I look forward to hearing about your own exploration of these documents and your own adventures with the FRBNY's "Freedom of Information Request" process. The cockroaches always scurry from the light, so let's see if we can shine some more of it on this whole sordid mess. Like this type of essay? Then you’ll love The Corbett Report Subscriber newsletter, which contains my weekly editorial as well as recommended reading, viewing and listening. If you’re a Corbett Report member, you can sign in to corbettreport.com and read the newsletter today. Not a member yet? Sign up today to access the newsletter and support this work. https://open.substack.com/pub/corbettreport/p/the-feds-doomsday-book-has-been-revealed?r=29hg4d&utm_medium=ios
    OPEN.SUBSTACK.COM
    The Fed's "Doomsday Book" Has Been Revealed
    by James Corbett corbettreport.com May 26, 2024 Back in 2011, shareholders of insurance giant American International Group (AIG) filed a $40 billion class action lawsuit against the US government over the terms of its controversial bailout of AIG during the 2008 financial crisis.
    0 Kommentare 0 Anteile 31825 Ansichten
  • A better way to challenge scientific consensus
    Are COVID vaccines safe? I think not, but the "scientific consensus" is that they are. How can we definitively determine who is right? I suggest a way using science!

    Steve Kirsch
    David Douglass quote: Truth in science is always determined from observational facts.
    Executive summary

    In this article, I suggest a simple way to resolve scientific disagreements on important issues.

    The method is simple:

    The two parties mutually agree on a series of experiments to resolve the conflict.

    The experiments are designed so the results are reproducible, for example, by having several independent efforts doing the same thing.

    Win or lose, the “mainstream view” party (who should be led by a prominent scientist in the field being explored) agrees to write up the results of the experiment(s) and submit it to a prominent peer-reviewed technical journal.

    The “mainstream” party gets a large monetary award (a research grant) upon publication. The more prestigious the author, the higher the reward.

    We pay all costs in addition to the reward for people’s time and to fund the experiment(s).

    The idea is to make this “an offer that nobody can refuse.”

    For example…

    Suppose we want to prove whether vaccines cause autism.

    The two parties could agree on two experiments and how they are carried out such as:

    Gather data from a randomly selected list of parents of autistic kids which looks at the date the parents first noticed symptoms of ASD vs. the date of the most recent vaccination prior to the diagnosis.

    Gather the same data from doctors who treat autistic kids.

    The parties agree in advance what success (for each hypothesis) looks like.

    The parties agree that if both experiments agree with each other on deciding the question that they will publicly accept the result as scientific truth going forward, until such time as there is more persuasive data showing otherwise.

    If we set the reward at $1M and there are no takers, the question is resolved by default.

    Did the COVID vaccines save lives?

    This question is even easier to test. We pick hospitals at random and look at the vaccination rates of people hospitalized for COVID vs. the flu.

    This is a simple, fair test.

    Anyone rejecting attempts like this to expose the truth is not acting in good faith.

    Summary

    The problem with challenging scientific consensus is that the party with the mainstream beliefs simply ignores anyone who challenges them.

    So it’s up to the challengers to get their attention.

    By providing a large monetary incentive to create and execute a set of mutually agreeable scientific experiments to answer the question, we may be able to make progress on these intractable issues which have been unresolved for decades.

    What’s new here is large monetary incentives combined with a mutually agreeable set of experiments.

    This resolves the issue under investigation definitively.

    Either: 1) the mainstream party accepts and we do the experiments or 2) the mainstream party refuses to engage in which case it is a tacit admission of defeat.

    Either way, there is finally resolution on each issue explored.

    Let me know what you think of this idea in the comments.

    Share


    https://kirschsubstack.com/p/a-better-way-to-challenge-scientific
    A better way to challenge scientific consensus Are COVID vaccines safe? I think not, but the "scientific consensus" is that they are. How can we definitively determine who is right? I suggest a way using science! Steve Kirsch David Douglass quote: Truth in science is always determined from observational facts. Executive summary In this article, I suggest a simple way to resolve scientific disagreements on important issues. The method is simple: The two parties mutually agree on a series of experiments to resolve the conflict. The experiments are designed so the results are reproducible, for example, by having several independent efforts doing the same thing. Win or lose, the “mainstream view” party (who should be led by a prominent scientist in the field being explored) agrees to write up the results of the experiment(s) and submit it to a prominent peer-reviewed technical journal. The “mainstream” party gets a large monetary award (a research grant) upon publication. The more prestigious the author, the higher the reward. We pay all costs in addition to the reward for people’s time and to fund the experiment(s). The idea is to make this “an offer that nobody can refuse.” For example… Suppose we want to prove whether vaccines cause autism. The two parties could agree on two experiments and how they are carried out such as: Gather data from a randomly selected list of parents of autistic kids which looks at the date the parents first noticed symptoms of ASD vs. the date of the most recent vaccination prior to the diagnosis. Gather the same data from doctors who treat autistic kids. The parties agree in advance what success (for each hypothesis) looks like. The parties agree that if both experiments agree with each other on deciding the question that they will publicly accept the result as scientific truth going forward, until such time as there is more persuasive data showing otherwise. If we set the reward at $1M and there are no takers, the question is resolved by default. Did the COVID vaccines save lives? This question is even easier to test. We pick hospitals at random and look at the vaccination rates of people hospitalized for COVID vs. the flu. This is a simple, fair test. Anyone rejecting attempts like this to expose the truth is not acting in good faith. Summary The problem with challenging scientific consensus is that the party with the mainstream beliefs simply ignores anyone who challenges them. So it’s up to the challengers to get their attention. By providing a large monetary incentive to create and execute a set of mutually agreeable scientific experiments to answer the question, we may be able to make progress on these intractable issues which have been unresolved for decades. What’s new here is large monetary incentives combined with a mutually agreeable set of experiments. This resolves the issue under investigation definitively. Either: 1) the mainstream party accepts and we do the experiments or 2) the mainstream party refuses to engage in which case it is a tacit admission of defeat. Either way, there is finally resolution on each issue explored. Let me know what you think of this idea in the comments. Share https://kirschsubstack.com/p/a-better-way-to-challenge-scientific
    KIRSCHSUBSTACK.COM
    A better way to challenge scientific consensus
    Are COVID vaccines safe? I think not, but the "scientific consensus" is that they are. How can we definitively determine who is right? I suggest a way using science!
    0 Kommentare 0 Anteile 9548 Ansichten
  • Robert Lea - The Euclid 'dark universe detective' telescope has revealed new images of the cosmos — and they are remarkable:

    https://www.space.com/euclid-space-telescope-new-images-may-23

    #Euclid #SpaceTelescope #ESA #DarkEnergy #DarkMatter #EarlyReleaseObservations #DeepSky #Galaxies #GalaxyCluster #GravitationalLensing #Infrared #Cosmology #Astrophotography #Astronomy
    Robert Lea - The Euclid 'dark universe detective' telescope has revealed new images of the cosmos — and they are remarkable: https://www.space.com/euclid-space-telescope-new-images-may-23 #Euclid #SpaceTelescope #ESA #DarkEnergy #DarkMatter #EarlyReleaseObservations #DeepSky #Galaxies #GalaxyCluster #GravitationalLensing #Infrared #Cosmology #Astrophotography #Astronomy
    WWW.SPACE.COM
    The Euclid 'dark universe detective' telescope has revealed new images of the cosmos — and they are remarkable
    "It's absolutely amazing. It's just so much more than I ever expected. Euclid will be game-changing for astronomy."
    0 Kommentare 0 Anteile 4973 Ansichten
  • Etsy Profits Video Upgrade

    Whether you are an aspiring entrepreneur or a seasoned seller aiming to enhance your skills and increase your sales, this guide is tailored to serve as your pathway to success.

    Etsy provides a fantastic platform for individuals with creative talents to exhibit their skills, engage with customers, and establish a successful business. Succeeding in this marketplace demands some insider know-how, strategic thinking, and a dash of creativity.

    In this detailed guide, you will be guided through the crucial steps of setting up your Etsy shop and creating product listings that resonate with your target audience, ultimately boosting sales.

    Learn how to turn your passion into a successful business venture. As you navigate the realm of Etsy entrepreneurship, you will encounter both excitement and challenges.

    You will learn essential tools and knowledge needed to overcome obstacles and celebrate your accomplishments.

    Topics covered:

    5 Do’s And Don’ts of Etsy Success
    5 Reasons Why Etsy Is Great For Selling Your Creative Works
    5 Strategies To Build Your Etsy Brand
    5 Strategies To Drive More Traffic To Your Etsy Store
    5 Ways To Create Killer Product Descriptions For Your Etsy Shop
    Can Social Media Ads Make Your Etsy Store Profitable
    How To Leverage Social Media For Your Etsy Store
    Photography Ideas For Your Etsy Store: 5 Tips From Professional Photographers
    The Power of SEO: How Can It Help Your Etsy Shop
    When is it a Good Idea to Sell New Items on Etsy


    You will get a ZIP (202MB) file
    Etsy Profits Video Upgrade Whether you are an aspiring entrepreneur or a seasoned seller aiming to enhance your skills and increase your sales, this guide is tailored to serve as your pathway to success. Etsy provides a fantastic platform for individuals with creative talents to exhibit their skills, engage with customers, and establish a successful business. Succeeding in this marketplace demands some insider know-how, strategic thinking, and a dash of creativity. In this detailed guide, you will be guided through the crucial steps of setting up your Etsy shop and creating product listings that resonate with your target audience, ultimately boosting sales. Learn how to turn your passion into a successful business venture. As you navigate the realm of Etsy entrepreneurship, you will encounter both excitement and challenges. You will learn essential tools and knowledge needed to overcome obstacles and celebrate your accomplishments. Topics covered: 5 Do’s And Don’ts of Etsy Success 5 Reasons Why Etsy Is Great For Selling Your Creative Works 5 Strategies To Build Your Etsy Brand 5 Strategies To Drive More Traffic To Your Etsy Store 5 Ways To Create Killer Product Descriptions For Your Etsy Shop Can Social Media Ads Make Your Etsy Store Profitable How To Leverage Social Media For Your Etsy Store Photography Ideas For Your Etsy Store: 5 Tips From Professional Photographers The Power of SEO: How Can It Help Your Etsy Shop When is it a Good Idea to Sell New Items on Etsy You will get a ZIP (202MB) file
    0 Kommentare 0 Anteile 8111 Ansichten
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