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  • Win Real Money Online Instantly: Proven Methods for Immediate Financial Gain

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    In recent years, the quest to win real money online instantly has driven many towards innovative online platforms. Games like Slots Cashâ„¢ on the App Store and mobile gaming platforms provided by Skillz showcase how digital arenas are becoming lucrative sources of income for players worldwide 12. With platforms such as Swagbucks and InboxDollars, individuals have multiple pathways to earn by engaging in games, surveys, and various online tasks, enhancing the accessibility to instant financial gains 2.

    As technology advances, options to win span across a broad spectrum, including traditional and digital game forms. From classic slots with high Return to Player (RTP) percentages like Mega Joker and Blood Suckers, to engaging in the gig economy through apps that offer micro-jobs, users have a plethora of opportunities to win real money online instantly 32. This article explores proven methods for immediate financial gain, delving into the worlds of cashback apps, cryptocurrency, stock trading platforms, and more, providing readers with insights on navigating the digital landscape profitably.

    Exploring Micro-Jobs and Gig Economy Platforms

    Exploring the gig economy and micro-job platforms unveils a dynamic landscape where individuals can monetize their skills and services efficiently. Key platforms facilitating this include:

    Appen and Clickworker: Specializing in tasks that train artificial intelligence, ranging from object recognition in images to human interaction simulations 7.
    Amazon Mechanical Turk and Neevo: Offering a wide array of micro-tasks, these platforms help businesses outsource small, yet significant tasks, such as data annotation and manual task training for AI 7.
    Fiverr and Upwork: These platforms allow professionals to sell their services across various fields like design, writing, and music, catering to a broad audience looking for specialized skills 8.
    Moreover, platforms like TaskRabbit and PeoplePerHour provide opportunities for individuals to offer their services both locally and globally, thus expanding the potential for financial gain 89. The gig economy's flexibility and the diversity of available tasks make it an attractive option for those looking to win real money online instantly 6789.

    Leveraging Cashback and Rebate Apps

    Leveraging cashback and rebate apps is a savvy strategy for those looking to win real money online instantly. These apps offer a variety of ways to earn back a portion of your spending through everyday purchases, dining, and even travel. Here's a breakdown of some top-rated apps and their unique features:

    Ibotta and Rakuten: Both apps provide users with cashback on a wide range of shopping options. Ibotta requires users to activate offers and clip digital coupons, while Rakuten offers cash back on eligible purchases through their platform or browser extension. Users can receive their savings via bank deposit, PayPal, or gift cards once they reach the minimum threshold 12.
    Dosh and Upside: Dosh offers automatic cashback without the need to scan receipts, making it a hassle-free option. Upside provides cashback at grocery stores, restaurants, and gas stations, with some users earning up to 25 cents back per gallon of gas 1213.
    Specialty Apps:Fetch: Redeem any purchase receipts for points, exchangeable for gift cards. Despite some users finding it slow to accumulate rewards, the app boasts high ratings 11.Coupons.com: Online Promo Codes and Free Printable Coupons: Focuses on grocery coupons, automatically applying discounts when you link your store loyalty card 11.RetailMeNot: Known for coupons, this app also offers a cashback program, though not all stores participate 11.
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    Participating in the Sharing Economy

    Participating in the sharing economy can be a lucrative way to win real money online instantly. This sector allows individuals to capitalize on their unused or spare resources, from accommodation and transportation to personal belongings and skills. Here are some key opportunities:

    Accommodation & Space:List empty rooms or entire houses on platforms like Airbnb, Vrbo, or Booking.com: The largest selection of hotels, homes, and vacation rentals 14.Rent out underutilized spaces such as driveways, gardens, or parking spots through Neighbor | The Cheaper, Closer & Safer Storage Marketplace or Campspace 16.
    Transportation:Share your car via Turo or Getaround, or become a ride-sharing driver with Uber or Lyft 14.Unique options like turning your car into a moving billboard with Carvertise - Advertise On Uber, Lyft, and Grubhub Cars offer additional income streams 14.
    Personal Belongings & Skills:Platforms like Poshmark or Spinlister allow you to rent out clothes or sports equipment 14.Share your knowledge by creating online courses on Udemy or Teachable 14.
    The sharing economy's flexibility and low entry barriers make it an appealing option for those looking to supplement their income. With the industry projected to grow significantly, exploring these avenues could lead to substantial financial benefits 17.

    Investing in Cryptocurrency and Stock Trading Apps

    Investing in the digital currency and stock markets offers a diverse range of options for those aiming to win real money online instantly. Key platforms and their features include:

    Cryptocurrency Exchanges:Crypto Trading Platform | Buy, Sell, & Trade Crypto in the US | Binance.US: Offers trading in over 150 coins with fees starting at 0.57 percent for less-common coins, decreasing for high-volume traders. A 5 percent discount on fees is available with BNB payment 19.Coinbase: Known for its wide selection of cryptocurrencies, with fees typically at least 1.99 percent. Lower fees are available through Coinbase Advanced Trade 19.Kraken: Features a vast selection of 236 cryptocurrencies, with fees starting at 0.26 percent. Additional fees apply for card and online banking transactions 19.
    Stock and Cryptocurrency Trading Apps:Robinhood: Offers commission-free trading in stocks, ETFs, options, and cryptocurrencies, making it a popular choice for beginners. No minimum deposit required 22.E*TRADE: Provides a user-friendly mobile app and access to a wide range of investment options including stocks, options, ETFs, and mutual funds. Charges $0 commission for online US-listed stock, ETF, and options trades 22.TD Ameritrade: Known for its educational resources and tools, this platform also offers a robust mobile app and access to a broad spectrum of investment options. No minimum deposit required 22.
    These platforms provide various features tailored to different investing needs, from simple peer-to-peer payments to advanced trading strategies. By carefully selecting the right platform, individuals can enhance their prospects of financial gain in the digital marketplace 18192022.

    Conclusion

    This exploration into the myriad ways to win real money online has illuminated a diverse landscape of opportunities, each catering to different interests, skills, and investment levels. The gig economy, cashback and rebate apps, the sharing economy, and digital investing platforms are proven pathways that can lead to immediate financial gain. These methods reinforce the notion that with the right strategies and platforms, individuals can effectively navigate the digital realm to enhance their financial situation.

    Moreover, the significance of these opportunities extends beyond individual gain, highlighting a shift towards a more accessible and flexible economic landscape. As we venture further into this digital era, the potential for innovation and growth in these areas is immense, promising even more avenues for financial success. Embracing these options not only offers immediate benefits but also sets the stage for ongoing financial empowerment and independence, urging readers to explore these avenues with keen interest and informed perspective.

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    What apps can pay me real money immediately?

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    Upside: Best for rewards at gas stations
    Upwork: Best for freelancers looking for gigs

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    Win Real Money Online Instantly: Proven Methods for Immediate Financial Gain Win Real Money Online Instantly Join Here 👇👇 https://grabify.link/S7MPC7 In recent years, the quest to win real money online instantly has driven many towards innovative online platforms. Games like Slots Cash™ on the App Store and mobile gaming platforms provided by Skillz showcase how digital arenas are becoming lucrative sources of income for players worldwide 12. With platforms such as Swagbucks and InboxDollars, individuals have multiple pathways to earn by engaging in games, surveys, and various online tasks, enhancing the accessibility to instant financial gains 2. As technology advances, options to win span across a broad spectrum, including traditional and digital game forms. From classic slots with high Return to Player (RTP) percentages like Mega Joker and Blood Suckers, to engaging in the gig economy through apps that offer micro-jobs, users have a plethora of opportunities to win real money online instantly 32. This article explores proven methods for immediate financial gain, delving into the worlds of cashback apps, cryptocurrency, stock trading platforms, and more, providing readers with insights on navigating the digital landscape profitably. Exploring Micro-Jobs and Gig Economy Platforms Exploring the gig economy and micro-job platforms unveils a dynamic landscape where individuals can monetize their skills and services efficiently. Key platforms facilitating this include: Appen and Clickworker: Specializing in tasks that train artificial intelligence, ranging from object recognition in images to human interaction simulations 7. Amazon Mechanical Turk and Neevo: Offering a wide array of micro-tasks, these platforms help businesses outsource small, yet significant tasks, such as data annotation and manual task training for AI 7. Fiverr and Upwork: These platforms allow professionals to sell their services across various fields like design, writing, and music, catering to a broad audience looking for specialized skills 8. Moreover, platforms like TaskRabbit and PeoplePerHour provide opportunities for individuals to offer their services both locally and globally, thus expanding the potential for financial gain 89. The gig economy's flexibility and the diversity of available tasks make it an attractive option for those looking to win real money online instantly 6789. Leveraging Cashback and Rebate Apps Leveraging cashback and rebate apps is a savvy strategy for those looking to win real money online instantly. These apps offer a variety of ways to earn back a portion of your spending through everyday purchases, dining, and even travel. Here's a breakdown of some top-rated apps and their unique features: Ibotta and Rakuten: Both apps provide users with cashback on a wide range of shopping options. Ibotta requires users to activate offers and clip digital coupons, while Rakuten offers cash back on eligible purchases through their platform or browser extension. Users can receive their savings via bank deposit, PayPal, or gift cards once they reach the minimum threshold 12. Dosh and Upside: Dosh offers automatic cashback without the need to scan receipts, making it a hassle-free option. Upside provides cashback at grocery stores, restaurants, and gas stations, with some users earning up to 25 cents back per gallon of gas 1213. Specialty Apps:Fetch: Redeem any purchase receipts for points, exchangeable for gift cards. Despite some users finding it slow to accumulate rewards, the app boasts high ratings 11.Coupons.com: Online Promo Codes and Free Printable Coupons: Focuses on grocery coupons, automatically applying discounts when you link your store loyalty card 11.RetailMeNot: Known for coupons, this app also offers a cashback program, though not all stores participate 11. Each app has its own set of advantages and potential drawbacks, from ease of use to the range of participating retailers. By choosing the right combination of apps, users can maximize their cashback earnings and move closer to achieving their goal of winning real money online instantly 10111213. Win Real Money Online Instantly Here is the Way 👇👇 https://grabify.link/S7MPC7 Participating in the Sharing Economy Participating in the sharing economy can be a lucrative way to win real money online instantly. This sector allows individuals to capitalize on their unused or spare resources, from accommodation and transportation to personal belongings and skills. Here are some key opportunities: Accommodation & Space:List empty rooms or entire houses on platforms like Airbnb, Vrbo, or Booking.com: The largest selection of hotels, homes, and vacation rentals 14.Rent out underutilized spaces such as driveways, gardens, or parking spots through Neighbor | The Cheaper, Closer & Safer Storage Marketplace or Campspace 16. Transportation:Share your car via Turo or Getaround, or become a ride-sharing driver with Uber or Lyft 14.Unique options like turning your car into a moving billboard with Carvertise - Advertise On Uber, Lyft, and Grubhub Cars offer additional income streams 14. Personal Belongings & Skills:Platforms like Poshmark or Spinlister allow you to rent out clothes or sports equipment 14.Share your knowledge by creating online courses on Udemy or Teachable 14. The sharing economy's flexibility and low entry barriers make it an appealing option for those looking to supplement their income. With the industry projected to grow significantly, exploring these avenues could lead to substantial financial benefits 17. Investing in Cryptocurrency and Stock Trading Apps Investing in the digital currency and stock markets offers a diverse range of options for those aiming to win real money online instantly. Key platforms and their features include: Cryptocurrency Exchanges:Crypto Trading Platform | Buy, Sell, & Trade Crypto in the US | Binance.US: Offers trading in over 150 coins with fees starting at 0.57 percent for less-common coins, decreasing for high-volume traders. A 5 percent discount on fees is available with BNB payment 19.Coinbase: Known for its wide selection of cryptocurrencies, with fees typically at least 1.99 percent. Lower fees are available through Coinbase Advanced Trade 19.Kraken: Features a vast selection of 236 cryptocurrencies, with fees starting at 0.26 percent. Additional fees apply for card and online banking transactions 19. Stock and Cryptocurrency Trading Apps:Robinhood: Offers commission-free trading in stocks, ETFs, options, and cryptocurrencies, making it a popular choice for beginners. No minimum deposit required 22.E*TRADE: Provides a user-friendly mobile app and access to a wide range of investment options including stocks, options, ETFs, and mutual funds. Charges $0 commission for online US-listed stock, ETF, and options trades 22.TD Ameritrade: Known for its educational resources and tools, this platform also offers a robust mobile app and access to a broad spectrum of investment options. No minimum deposit required 22. These platforms provide various features tailored to different investing needs, from simple peer-to-peer payments to advanced trading strategies. By carefully selecting the right platform, individuals can enhance their prospects of financial gain in the digital marketplace 18192022. Conclusion This exploration into the myriad ways to win real money online has illuminated a diverse landscape of opportunities, each catering to different interests, skills, and investment levels. The gig economy, cashback and rebate apps, the sharing economy, and digital investing platforms are proven pathways that can lead to immediate financial gain. These methods reinforce the notion that with the right strategies and platforms, individuals can effectively navigate the digital realm to enhance their financial situation. Moreover, the significance of these opportunities extends beyond individual gain, highlighting a shift towards a more accessible and flexible economic landscape. As we venture further into this digital era, the potential for innovation and growth in these areas is immense, promising even more avenues for financial success. Embracing these options not only offers immediate benefits but also sets the stage for ongoing financial empowerment and independence, urging readers to explore these avenues with keen interest and informed perspective. FAQs How can I quickly earn legitimate money? To earn money quickly and legitimately, you can adopt various strategies such as: Driving for rideshare services Freelancing in your area of expertise Selling unused gift cards Renting out your car or parking space Referring friends to apps Searching for unclaimed money Delivering groceries or takeout Selling your clothes online What apps can pay me real money immediately? Some popular apps that pay out real money instantly include: Gaming Apps: Play games and compete with others for rewards (e.g., Mistplay, Lucktastic, Swagbucks Games). Survey Apps: Provide your opinions on various products and services to earn cash or gift cards. What are some methods to get money right away? You can obtain money instantly by: Selling spare electronics Selling unused gift cards Pawning items Working for immediate pay Seeking community loans and assistance Requesting bill forbearance Asking for a payroll advance Which app is the most trustworthy for earning money? Some of the most reliable apps for making money include: Swagbucks: Best for earning gift cards Survey Junkie: Best for completing online surveys Rocket Money: Best for managing finances DoorDash: Best for delivery drivers Rakuten Rewards: Best for cash back on purchases Upside: Best for rewards at gas stations Upwork: Best for freelancers looking for gigs Win Real Money Instantly Here 👇👇 https://grabify.link/S7MPC7 #onlinemoney #makemoney #realmoney #cashapp #giveaway #cashappblessing #giftcard #freegiftcard
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  • Scott Ritter: We are witnessing the bittersweet birth of a new Russia | VT Foreign Policy
    March 10, 2024
    VT Condemns the ETHNIC CLEANSING OF PALESTINIANS by USA/Israel

    $ 280 BILLION US TAXPAYER DOLLARS INVESTED since 1948 in US/Israeli Ethnic Cleansing and Occupation Operation; $ 150B direct "aid" and $ 130B in "Offense" contracts
    Source: Embassy of Israel, Washington, D.C. and US Department of State.

    Tucker Carlson’s confused exasperation over Russian President Vladmir Putin’s extemporaneous history lesson at the start of their landmark February interview (which has been watched more than a billion times), underscored one realty. For a Western audience, the question of the historical bona fides of Russia’s claim of sovereign interest in territories located on the left (eastern) bank of the Dnieper River, currently claimed by Ukraine, is confusing to the point of incomprehension.

    Vladimir Putin, however, did not manufacture his history lesson from thin air. Anyone who has followed the speeches and writings of the Russian president over the years would have found his comments to Carlson quite familiar, echoing both in tone and content previous statements made concerning both the viability of the Ukrainian state from an historic perspective, and the historical ties between what Putin has called Novorossiya (New Russia) and the Russian nation.

    For example, on March 18, 2014, during his announcement regarding the annexation of Crimea, the president observed that “after the [Russian] Revolution [of 1917], for a number of reasons the Bolsheviks – let God judge them – added historical sections of the south of Russia to the Republic of Ukraine. This was done with no consideration for the ethnic composition of the population, and these regions today form the south-east of Ukraine.”

    Later during a televised question-and-answer session, Putin declared that “what was called Novorossiya back in tsarist days – Kharkov, Lugansk, Donetsk, Kherson, Nikolayev and Odessa – were not part of Ukraine then. These territories were given to Ukraine in the 1920s by the Soviet Government. Why? Who knows? They were won by Potemkin and Catherine the Great in a series of well-known wars. The center of that territory was Novorossiysk, so the region is called Novorossiya. Russia lost these territories for various reasons, but the people remained.”

    Novorossiya isn’t just a construct of Vladimir Putin’s imagination, but rather a notion drawn from historic fact that resonated with the people who populated the territories it encompassed. Following the collapse of the Soviet Union, there was an abortive effort by pro-Russia citizens of the new Ukrainian state to restore Novorossiya as an independent region.

    Scott Ritter: Helping Crimea recover from decades of Ukrainian misrule is a tough but necessary challenge

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    Scott Ritter: Helping Crimea recover from decades of Ukrainian misrule is a tough but necessary challenge

    While this effort failed, the concept of a greater Novorossiya confederation was revived in May 2014 by the newly proclaimed Donetsk and Lugansk People’s Republics. But this effort, too, was short-lived, being put on ice in 2015. This, however, did not mean the death of the idea of Novorossiya. On February 21, 2022, Putin delivered a lengthy address to the Russian nation on the eve of his decision to send Russian troops into Ukraine as part of what he termed a Special Military Operation. Those who watched Tucker Carlson’s February 9, 2024, interview with Putin would have been struck by the similarity between the two presentations.

    While he did not make a direct reference to Novorossiya, the president did outline fundamental historic and cultural linkages which serve as the foundation for any discussion about the viability and legitimacy of Novorossiya in the context of Russian-Ukrainian relations.

    “I would like to emphasize,” Putin said, “once again that Ukraine is not just a neighboring country for us. It is an integral part of our own history, culture, and spiritual space. It is our friends, our relatives, not only colleagues, friends, and former work colleagues, but also our relatives and close family members. Since the oldest times,” Putin continued, “the inhabitants of the south-western historical territories of ancient Russia have called themselves Russians and Orthodox Christians. It was the same in the 17th century, when a part of these territories [i.e., Novorossiya] was reunited with the Russian state, and even after that.”

    The Russian president set forth his contention that the modern state of Ukraine was an invention of Vladimir Lenin, the founding father of the Soviet Union. “Soviet Ukraine is the result of the Bolsheviks’ policy,” Putin stated, “and can be rightfully called ‘Vladimir Lenin’s Ukraine’. He was its creator and architect. This is fully and comprehensively corroborated by archival documents.”

    Putin went on to issue a threat which, when seen in the context of the present, proved ominously prescient. “And today the ’grateful progeny’ has overturned monuments to Lenin in Ukraine. They call it decommunization. You want decommunization? Very well, this suits us just fine. But why stop halfway? We are ready to show what real decommunizations would mean for Ukraine.”

    In September 2022 Putin followed through on this, ordering referendums in four territories (Kherson and Zaporozhye, and the newly independent Donetsk and Lugansk People’s Republics) to determine whether the populations residing there wished to join the Russian Federation. All four did so. Putin has since then referred to these new Russian territories as Novorossiya, perhaps nowhere more poignantly that in June 2023, when he praised the Russian soldiers “who fought and gave their lives to Novorossiya and for the unity of the Russian world.”

    The story of those who fought and gave their lives to Novorossiya is one that I have wanted to tell for some time now. I have borne witness here in the United States to the extremely one-sided coverage of the military aspects of Russia’s military operation. Like many of my fellow analysts, I had to undertake the extremely difficult task of trying to parse out fact from an overwhelmingly fictional narrative. Nor was I helped in any way in this regard by the Russian side, which was parsimonious in the release of information that reflected its side of reality.

    In preparing for my December 2023 visit to Russia, I had hoped to be able to visit the four new Russian territories to see for myself what the truth was when it came to the fighting between Russia and Ukraine. I also wanted to interview the Russian military and civilian leadership to get a broader perspective of the conflict. I had reached out to the Russian Foreign and Defense ministries through the Russian Embassy in the US, bending the ear of both the Ambassador, Anatoly Antonov, and the Defense Attache, Major-General Evgeny Bobkin, about my plans.

    While both men supported my project and wrote recommendations back to their respective ministries in this regard, the Russian Defense Ministry, which had the final say over what happened in the four new territories, vetoed the idea. This veto was not because they didn’t like the idea of me writing an in-depth analysis of the conflict from the Russian perspective, but rather that the project as I outlined it, which would have required sustained access to frontline units and personnel, was deemed too dangerous. In short, the Russian Defense Ministry did not relish the idea of me being killed on its watch.

    Under normal circumstances, I would have backed off. I had no desire to create any difficulty with the Russian government, and I was always cognizant of the reality that I was a guest in the country.

    Western ‘expertise’ on the Ukraine conflict could lead the world to a nuclear disaster

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    Western ‘expertise’ on the Ukraine conflict could lead the world to a nuclear disaster

    The last thing I wanted to be was a “war tourist,” where I put myself and others at risk for purely personal reasons. But I also felt strongly that if I were going to continue to provide so-called “expert analysis” about the military operation and the geopolitical realities of Novorossiya and Crimea, then I needed to see these places firsthand. I strongly believed that I had a professional obligation to see the new territories. Fortunately for me, Aleksandr Zyryanov, a Crimea native and director general of the Novosibirsk Region Development Corporation, agreed.

    It wasn’t going to be easy.

    We first tried to enter the new territories via Donetsk, driving west out of Rostov-on-Don. However, when we arrived at the checkpoint, we were told that the Ministry of Defense had not cleared us for entry. Not willing to take no for an answer, Aleksandr drove south, towards Krasnodar, and then – after making some phone calls – across the Crimean Bridge into Crimea. Once it became clear that we were planning on entering the new territories from Crimea, the Ministry of Defense yielded, granting permission for me to visit the four new Russian territories under one non-negotiable condition – I was not to go anywhere near the frontlines.

    We left Feodosia early on the morning of January 15, 2024. At Dzhankoy, in northern Crimea, we took highway 18 north toward the Tup-Dzhankoy Peninsula and the Chongar Strait, which separates the Sivash lagoon system that forms the border between Crimea and the mainland into eastern and western portions. It was here that Red Army forces, on the night of November 12, 1920, broke through the defenses of the White Army of General Wrangel, leading to the capture of the Crimean Peninsula by Soviet forces. And it was also here that the Russian Army, on February 24, 2022, crossed into the Kherson Region from Crimea.

    The Chongar Bridge is one of three highway crossings that connect Crimea with Kherson. It has been struck twice by Ukrainian forces seeking to disrupt Russian supply lines, once, in June 2023, when it was hit by British-made Storm Shadow missiles, and once again that August when it was hit by French-made SCALP missiles (a variant of the Storm Shadow.) In both instances, the bridge was temporarily shut down for repairs, evidence of which was clearly visible as we made our way across, and on to the Chongar checkpoint, where we were cleared by Russian soldiers for entry into the Kherson Region.

    At the checkpoint we picked up a vehicle carrying a bodyguard detachment from the reconnaissance company of the Sparta Battalion, a veteran military formation whose roots date back to the very beginning of the Donbass revolt against the Ukrainian nationalists who seized power in Kiev during the February 2014 Maidan coup. They would be our escort through the Kherson and Zaporozhye Regions – even though we were going to give the frontlines a wide berth, Ukrainian “deep reconnaissance groups”, or DRGs, were known to target traffic along the M18 highway. Aleksandr was driving an armored Chevrolet Suburban, and the Sparta detachment had their own armored SUV. If we were to come under attack, our response would be to try and drive through the ambush. If that failed, then the Sparta boys would have to go to work.

    Our first destination was the city of Genichesk, a port city along the Sea of Azov. Genichesk is the capital of the Genichesk District of the Kherson Region and, since November 9, 2022, when Russian forces withdrew from the city of Kherson, it has served as the temporary capital of the region. Aleksandr had been on his phone since morning, and his efforts had paid off – I was scheduled to meet with Vladimir Saldo, the local Governor.

    RT

    Genichesk is – literally – off the beaten path. When we reached the town of Novoalekseyevka, we got off the M18 highway and headed east along a two-lane road that took us toward the Sea of Azov. There were armed checkpoints all along the route, but the Sparta bodyguards were able to get us waved through without any issues. But the effect of these checkpoints was chilling – there was no doubt that one was in a region at war.

    To call Genichesk a ghost town would be misleading – it is populated, and the evidence of civilian life is everywhere you look. The problem was, there didn’t seem to be enough people present. The city, like the region, is in a general state of decay, a holdover from the neglect it had suffered at the hands of a Ukrainian government that largely ignored territories that had, since 2004, voted in favor of the Party of Regions, the party of former President Viktor Yanukovich, who was ousted in the February 2014 Maidan coup. Nearly two years of war had likewise contributed to the atmosphere of societal neglect, an impression which was magnified by the weather – overcast, cold, with a light sleet blowing in off the water.

    As we made our way into the building where the government of the Kherson Region had established its temporary offices, I couldn’t help but notice a statue of Lenin in the courtyard. Ukrainian nationalists had taken it down in July 2015, but the citizens of Genichesk had reinstalled it in April 2022, once the Russians had taken control of the city. Given Putin’s feeling about the role Lenin played in creating Ukraine, I found both the presence of this monument, and the role of the Russian citizens of Genichesk in restoring it, curiously ironic.

    Vladimir Saldo is a man imbued with enthusiasm for his work. A civil engineer by profession, with a PhD in economics, Saldo had served in senior management positions in the “Khersonbud” Project and Construction Company before moving on into politics, serving on the Kherson City Council, the Kherson Regional Administration, and two terms as the mayor of the city of Kherson. Saldo, as a member of the Party of Regions, moved to the opposition and was effectively subjected to political ostracism in 2014, when the Ukrainian nationalists who had seized power all but forced it out of politics.

    Aleksandr and I had the pleasure of meeting with Saldo in his office in the government building in downtown Genichesk. We talked about a wide range of issues, including his own path from a Ukrainian construction specialist to his current position as the governor of Kherson Oblast.

    We talked about the war.

    But Saldo’s passion was the economy, and how he could help revive the civilian economy of Kherson in a manner that best served the interests of its diminished population. On the eve of the military operation, back in early 2022, the population of the Kherson Region stood at just over a million, of which some 280,000 were residing in the city of Kherson. By November 2022, following the withdrawal of Russian forces from the right bank of the Dnieper River – including the city of Kherson – the population of the region had fallen below 400,000 and, with dismal economic prospects, the numbers kept falling. Many of those who left were Ukrainians who did not want to live under Russian rule. But others were Russians and Ukrainians who felt that they had no future in the war-torn region, and as such sought their fortunes elsewhere in Russia.

    Fyodor Lukyanov: How does the Russia-Ukraine conflict end?

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    Fyodor Lukyanov: How does the Russia-Ukraine conflict end?

    “My job is to give the people of Kherson hope for a better future,” Saldo told me. “And the time for this to happen is now, not when the war ends.”

    Restoration of Kherson’s once vibrant agricultural sector is a top priority, and Saldo has personally taken the lead in signing agreements for the provision of Kherson produce to Moscow supermarkets. Saldo has also turned the region into a special economic zone, where potential investors and entrepreneurs can receive preferential loans and financial support, as well as organizational and legal assistance for businesses willing to open shop there.

    The man responsible for making this vision a reality is Mikhail Panchenko, the Director of the Kherson Region Industry Development Fund. I met Mikhail in a restaurant located across the street from the governmental building which Saldo called home. Mikhail had come to Kherson in the summer of 2022, leaving a prominent position in Moscow in the process. “The Russian government was interested in rebuilding Kherson,” Mikhail told me, “and established the Industry Development Fund as a way of attracting businesses to the region.” Mikhail, who was born in 1968, was too old to enlist in the military. “When the opportunity came to direct the Industry Development Fund, I jumped at it as a way to do my patriotic duty.”

    The first year of the fund’s operation saw Mikhail hand out 300 million rubles (almost $3.3 million at the current rate) in loans and grants (some of which was used to open the very restaurant where we were meeting.) The second year saw the allotment grow to some 700 million rubles. One of the biggest projects was the opening of a concrete production line capable of producing 60 cubic meters of concrete per hour. Mikhail took Alexander and me on a tour of the plant, which had grown to three production lines generating some 180 cubic meters of concrete an hour. Mikhail had just approved funding for an additional four production lines, for a total concrete production rate of 420 cubic meters per hour.

    “That’s a lot of concrete,” I remarked to Mikhail.

    “We are making good use of it,” he replied. “We are rebuilding schools, hospitals, and government buildings that had been neglected over the years. Revitalizing the basic infrastructure a society needs if it is to nurture a growing population.”

    The problem Mikhail faces, however, is that most of the population growth being experienced in Kherson today comes from the military. The war can’t last forever, Mikhail noted. “Someday the army will leave, and we will need civilians. Right now, the people who left are not returning, and we’re having a hard time attracting newcomers. But we will keep building in anticipation of a time when the population of the Kherson region will grow from an impetus other than war. And for that,” he said, a twinkle in his eye, “we need concrete!”

    I thought long and hard about the words of Vladimir Saldo and Panchenko as Aleksandr drove back onto the M18 highway, heading northeast, toward Donetsk. The reconstruction efforts being undertaken are impressive. But the number that kept coming to mind was the precipitous decline in the population – more than 60% of the pre-war population has left the Kherson region since the Russian military operation began.

    According to statistics provided by the Russian Central Election Commission, some 571,000 voters took part in the referendum on joining Russia that was held in late September 2022. A little over 497,000, or some 87%, voted in favor, while slightly more than 68,800, or 12%, voted against. The turnout was almost 77%.

    Sergey Poletaev: As the second anniversary of the Russia–Ukraine conflict approaches, who has the upper hand?

    Read more

    Sergey Poletaev: As the second anniversary of the Russia–Ukraine conflict approaches, who has the upper hand?

    These numbers, if accurate, implied that there was a population of over 740,000 eligible voters at the time of the election. While the loss of the city of Kherson in November 2022 could account for a significant source of the population drop that took place between September 2022 and the time of my visit in January 2024, it could not account for all of it.

    The Russian population of Kherson in 2022 stood at approximately 20%, or around 200,000. One can safely say that the number of Russians who fled west to Kiev following the start of the military operation amounts to a negligible figure. If one assumes that the Russian population of the Kherson Region remained relatively stable, then most of the population decline came from the Ukrainian population.

    While Saldo did not admit to such, the Governor of the neighboring Zaporozhya Region, Yevgeny Balitsky, has acknowledged that many Ukrainian families deemed by the authorities to be anti-Russian were deported following the initiation of the military operation (Russians accounted for a little more than 25% of the pre-conflict Zaporozhye population.) Many others fled to Russia to escape the deprivations of war.

    Evidence of the war was everywhere to be seen. While the conflict in Kherson has stabilized along a line defined by the Dnieper River, Zaporozhye is very much a frontline region. Indeed, the main direction of attack of the summer 2023 Ukrainian counteroffensive was from the Zaporozhye region village of Rabotino, toward the town of Tokmak, and on towards the temporary regional capital of Melitopol (the city of Zaporozhye has remained under Ukrainian control throughout the conflict to date.)

    I had petitioned to visit the frontlines near Rabotino but had been denied by the Russian Ministry of Defense. So, too, was my request to visit units deployed in the vicinity of Tokmak – too close to the front. The closest I would get would be the city of Melitopol, the ultimate objective of the Ukrainian counterattack. We drove past fields filled with the concrete “dragon’s teeth” and antitank ditches that marked the final layer of defenses that constituted the “Surovikin Line,” named after the Russian General, Sergey Surovikin, who had commanded the forces when the defenses were put in place.

    The Ukrainians had hoped to reach the city of Melitopol in a matter of days once their attack began; they never breached the first line of defense situated to the southeast of Rabotino.

    Melitopol, however, is not immune to the horrors of war, with Ukrainian artillery and rockets targeting it often to disrupt Russian military logistics. I kept this in mind as we drove through the streets of the city, past military checkpoints, and roving patrols. I was struck by the fact that the civilians I saw were going about their business, seemingly oblivious to the everyday reality of war that existed around them.

    As was the case in Kherson, the entirety of the Zaporozhye Region seemed strangely depopulated, as if one were driving through the French capital of Paris in August, when half the city is away on vacation. I had hoped to be able to talk with Balitsky about the reduced population and other questions I had about life in the region during wartime, but this time Aleksandr’s phone could not produce the desired result – Balitsky was away from the region and unavailable.

    If he had been available, I would have asked him the same question I had put to Saldo earlier in the day: given that Putin was apparently willing to return the Kherson and Zaporozhye regions to Ukraine as part of the peace deal negotiated in March 2022, how does the population of his region feel about being part of Russia today? Are they convinced that Russia is, in fact, there to stay? Do they feel like they are a genuine part of the Novorossiya that Putin speaks about?

    Saldo had talked in depth about the transition from being occupied by Russian forces, which lasted until April-May 2022 (about the time that Ukraine backed out of the ceasefire agreement), to being administered by Moscow. “There never was a doubt in my mind, or anyone else’s, that Kherson was historically a part of Russia,” Saldo said, “or that, once Russian troops arrived, that we would forever be Russian again.”

    But the declining population, and the admission of forced deportations on the part of Balitsky, suggests that there was a significant part of the population that had, in fact, taken umbrage at such a future.

    I would have liked to hear what Balitsky had to say about this question.

    Reality, however, doesn’t deal with hypotheticals, and the present reality is that both Kherson and Zaporozhye are today part of the Russian Federation, and that both regions are populated by people who had made the decision to remain there as citizens of Russia. We will never know what the fate of these two territories would have been had the Ukrainian government honored the ceasefire agreement negotiated in March 2022. What we do know is that today both Kherson and Zaporozhye are part of the “New Territories” – Novorossiya.

    Russia will for some time find its acquisition of the “new territories” challenged by nations who question the legitimacy of Russia’s military occupation and subsequent absorption of the Kherson and Zaporozhye regions into the Russian Federation. The reticence of foreigners to recognize these regions as being part of Russia, however, is the least of Russia’s problems. As was the case with Crimea, the Russian government will proceed irrespective of any international opposition.

    The real challenge facing Russia is to convince Russians that the new territories are as integral to the Russian motherland as Crimea, a region reabsorbed by Russia in 2014 which has seen its economic fortunes and its population grow over the past decade. The diminished demographics of Kherson and Zaporozhye represent a litmus test of sorts for the Russian government, and for the governments of both Kherson and Zaporozhye. If the populations of these regions cannot regenerate, then these regions will wither on the vine. If, however, these new Russian lands can be transformed into places where Russians can envision themselves raising families in an environment free from want and fear, then Novorossiya will flourish.

    Novorossiya is a reality, and the people who live there are citizens by choice more than circumstances. They are well served by men like Saldo and Balitsky, who are dedicated to the giant task of making these regions part of the Russian Motherland in actuality, not just in name.

    Behind Saldo and Balitsky are men like Panchenko, people who left an easy life in Moscow or some other Russian city to come to the “New Territories” not for the purpose of seeking their fortunes, but rather to improve the lives of the new Russian citizens of Novorossiya.



    For this to happen, Russia must emerge victorious in its struggle against the Ukrainian nationalists ensconced in Kiev, and their Western allies. Thanks to the sacrifices of the Russian military, this victory is in the process of being accomplished.

    Then the real test begins – turning Novorossiya into a place Russians will want to call home.


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    https://www.vtforeignpolicy.com/2024/03/scott-ritter-we-are-witnessing-the-bittersweet-birth-of-a-new-russia/


    https://telegra.ph/Scott-Ritter-We-are-witnessing-the-bittersweet-birth-of-a-new-Russia--VT-Foreign-Policy-03-11
    Scott Ritter: We are witnessing the bittersweet birth of a new Russia | VT Foreign Policy March 10, 2024 VT Condemns the ETHNIC CLEANSING OF PALESTINIANS by USA/Israel $ 280 BILLION US TAXPAYER DOLLARS INVESTED since 1948 in US/Israeli Ethnic Cleansing and Occupation Operation; $ 150B direct "aid" and $ 130B in "Offense" contracts Source: Embassy of Israel, Washington, D.C. and US Department of State. Tucker Carlson’s confused exasperation over Russian President Vladmir Putin’s extemporaneous history lesson at the start of their landmark February interview (which has been watched more than a billion times), underscored one realty. For a Western audience, the question of the historical bona fides of Russia’s claim of sovereign interest in territories located on the left (eastern) bank of the Dnieper River, currently claimed by Ukraine, is confusing to the point of incomprehension. Vladimir Putin, however, did not manufacture his history lesson from thin air. Anyone who has followed the speeches and writings of the Russian president over the years would have found his comments to Carlson quite familiar, echoing both in tone and content previous statements made concerning both the viability of the Ukrainian state from an historic perspective, and the historical ties between what Putin has called Novorossiya (New Russia) and the Russian nation. For example, on March 18, 2014, during his announcement regarding the annexation of Crimea, the president observed that “after the [Russian] Revolution [of 1917], for a number of reasons the Bolsheviks – let God judge them – added historical sections of the south of Russia to the Republic of Ukraine. This was done with no consideration for the ethnic composition of the population, and these regions today form the south-east of Ukraine.” Later during a televised question-and-answer session, Putin declared that “what was called Novorossiya back in tsarist days – Kharkov, Lugansk, Donetsk, Kherson, Nikolayev and Odessa – were not part of Ukraine then. These territories were given to Ukraine in the 1920s by the Soviet Government. Why? Who knows? They were won by Potemkin and Catherine the Great in a series of well-known wars. The center of that territory was Novorossiysk, so the region is called Novorossiya. Russia lost these territories for various reasons, but the people remained.” Novorossiya isn’t just a construct of Vladimir Putin’s imagination, but rather a notion drawn from historic fact that resonated with the people who populated the territories it encompassed. Following the collapse of the Soviet Union, there was an abortive effort by pro-Russia citizens of the new Ukrainian state to restore Novorossiya as an independent region. Scott Ritter: Helping Crimea recover from decades of Ukrainian misrule is a tough but necessary challenge Read more Scott Ritter: Helping Crimea recover from decades of Ukrainian misrule is a tough but necessary challenge While this effort failed, the concept of a greater Novorossiya confederation was revived in May 2014 by the newly proclaimed Donetsk and Lugansk People’s Republics. But this effort, too, was short-lived, being put on ice in 2015. This, however, did not mean the death of the idea of Novorossiya. On February 21, 2022, Putin delivered a lengthy address to the Russian nation on the eve of his decision to send Russian troops into Ukraine as part of what he termed a Special Military Operation. Those who watched Tucker Carlson’s February 9, 2024, interview with Putin would have been struck by the similarity between the two presentations. While he did not make a direct reference to Novorossiya, the president did outline fundamental historic and cultural linkages which serve as the foundation for any discussion about the viability and legitimacy of Novorossiya in the context of Russian-Ukrainian relations. “I would like to emphasize,” Putin said, “once again that Ukraine is not just a neighboring country for us. It is an integral part of our own history, culture, and spiritual space. It is our friends, our relatives, not only colleagues, friends, and former work colleagues, but also our relatives and close family members. Since the oldest times,” Putin continued, “the inhabitants of the south-western historical territories of ancient Russia have called themselves Russians and Orthodox Christians. It was the same in the 17th century, when a part of these territories [i.e., Novorossiya] was reunited with the Russian state, and even after that.” The Russian president set forth his contention that the modern state of Ukraine was an invention of Vladimir Lenin, the founding father of the Soviet Union. “Soviet Ukraine is the result of the Bolsheviks’ policy,” Putin stated, “and can be rightfully called ‘Vladimir Lenin’s Ukraine’. He was its creator and architect. This is fully and comprehensively corroborated by archival documents.” Putin went on to issue a threat which, when seen in the context of the present, proved ominously prescient. “And today the ’grateful progeny’ has overturned monuments to Lenin in Ukraine. They call it decommunization. You want decommunization? Very well, this suits us just fine. But why stop halfway? We are ready to show what real decommunizations would mean for Ukraine.” In September 2022 Putin followed through on this, ordering referendums in four territories (Kherson and Zaporozhye, and the newly independent Donetsk and Lugansk People’s Republics) to determine whether the populations residing there wished to join the Russian Federation. All four did so. Putin has since then referred to these new Russian territories as Novorossiya, perhaps nowhere more poignantly that in June 2023, when he praised the Russian soldiers “who fought and gave their lives to Novorossiya and for the unity of the Russian world.” The story of those who fought and gave their lives to Novorossiya is one that I have wanted to tell for some time now. I have borne witness here in the United States to the extremely one-sided coverage of the military aspects of Russia’s military operation. Like many of my fellow analysts, I had to undertake the extremely difficult task of trying to parse out fact from an overwhelmingly fictional narrative. Nor was I helped in any way in this regard by the Russian side, which was parsimonious in the release of information that reflected its side of reality. In preparing for my December 2023 visit to Russia, I had hoped to be able to visit the four new Russian territories to see for myself what the truth was when it came to the fighting between Russia and Ukraine. I also wanted to interview the Russian military and civilian leadership to get a broader perspective of the conflict. I had reached out to the Russian Foreign and Defense ministries through the Russian Embassy in the US, bending the ear of both the Ambassador, Anatoly Antonov, and the Defense Attache, Major-General Evgeny Bobkin, about my plans. While both men supported my project and wrote recommendations back to their respective ministries in this regard, the Russian Defense Ministry, which had the final say over what happened in the four new territories, vetoed the idea. This veto was not because they didn’t like the idea of me writing an in-depth analysis of the conflict from the Russian perspective, but rather that the project as I outlined it, which would have required sustained access to frontline units and personnel, was deemed too dangerous. In short, the Russian Defense Ministry did not relish the idea of me being killed on its watch. Under normal circumstances, I would have backed off. I had no desire to create any difficulty with the Russian government, and I was always cognizant of the reality that I was a guest in the country. Western ‘expertise’ on the Ukraine conflict could lead the world to a nuclear disaster Read more Western ‘expertise’ on the Ukraine conflict could lead the world to a nuclear disaster The last thing I wanted to be was a “war tourist,” where I put myself and others at risk for purely personal reasons. But I also felt strongly that if I were going to continue to provide so-called “expert analysis” about the military operation and the geopolitical realities of Novorossiya and Crimea, then I needed to see these places firsthand. I strongly believed that I had a professional obligation to see the new territories. Fortunately for me, Aleksandr Zyryanov, a Crimea native and director general of the Novosibirsk Region Development Corporation, agreed. It wasn’t going to be easy. We first tried to enter the new territories via Donetsk, driving west out of Rostov-on-Don. However, when we arrived at the checkpoint, we were told that the Ministry of Defense had not cleared us for entry. Not willing to take no for an answer, Aleksandr drove south, towards Krasnodar, and then – after making some phone calls – across the Crimean Bridge into Crimea. Once it became clear that we were planning on entering the new territories from Crimea, the Ministry of Defense yielded, granting permission for me to visit the four new Russian territories under one non-negotiable condition – I was not to go anywhere near the frontlines. We left Feodosia early on the morning of January 15, 2024. At Dzhankoy, in northern Crimea, we took highway 18 north toward the Tup-Dzhankoy Peninsula and the Chongar Strait, which separates the Sivash lagoon system that forms the border between Crimea and the mainland into eastern and western portions. It was here that Red Army forces, on the night of November 12, 1920, broke through the defenses of the White Army of General Wrangel, leading to the capture of the Crimean Peninsula by Soviet forces. And it was also here that the Russian Army, on February 24, 2022, crossed into the Kherson Region from Crimea. The Chongar Bridge is one of three highway crossings that connect Crimea with Kherson. It has been struck twice by Ukrainian forces seeking to disrupt Russian supply lines, once, in June 2023, when it was hit by British-made Storm Shadow missiles, and once again that August when it was hit by French-made SCALP missiles (a variant of the Storm Shadow.) In both instances, the bridge was temporarily shut down for repairs, evidence of which was clearly visible as we made our way across, and on to the Chongar checkpoint, where we were cleared by Russian soldiers for entry into the Kherson Region. At the checkpoint we picked up a vehicle carrying a bodyguard detachment from the reconnaissance company of the Sparta Battalion, a veteran military formation whose roots date back to the very beginning of the Donbass revolt against the Ukrainian nationalists who seized power in Kiev during the February 2014 Maidan coup. They would be our escort through the Kherson and Zaporozhye Regions – even though we were going to give the frontlines a wide berth, Ukrainian “deep reconnaissance groups”, or DRGs, were known to target traffic along the M18 highway. Aleksandr was driving an armored Chevrolet Suburban, and the Sparta detachment had their own armored SUV. If we were to come under attack, our response would be to try and drive through the ambush. If that failed, then the Sparta boys would have to go to work. Our first destination was the city of Genichesk, a port city along the Sea of Azov. Genichesk is the capital of the Genichesk District of the Kherson Region and, since November 9, 2022, when Russian forces withdrew from the city of Kherson, it has served as the temporary capital of the region. Aleksandr had been on his phone since morning, and his efforts had paid off – I was scheduled to meet with Vladimir Saldo, the local Governor. RT Genichesk is – literally – off the beaten path. When we reached the town of Novoalekseyevka, we got off the M18 highway and headed east along a two-lane road that took us toward the Sea of Azov. There were armed checkpoints all along the route, but the Sparta bodyguards were able to get us waved through without any issues. But the effect of these checkpoints was chilling – there was no doubt that one was in a region at war. To call Genichesk a ghost town would be misleading – it is populated, and the evidence of civilian life is everywhere you look. The problem was, there didn’t seem to be enough people present. The city, like the region, is in a general state of decay, a holdover from the neglect it had suffered at the hands of a Ukrainian government that largely ignored territories that had, since 2004, voted in favor of the Party of Regions, the party of former President Viktor Yanukovich, who was ousted in the February 2014 Maidan coup. Nearly two years of war had likewise contributed to the atmosphere of societal neglect, an impression which was magnified by the weather – overcast, cold, with a light sleet blowing in off the water. As we made our way into the building where the government of the Kherson Region had established its temporary offices, I couldn’t help but notice a statue of Lenin in the courtyard. Ukrainian nationalists had taken it down in July 2015, but the citizens of Genichesk had reinstalled it in April 2022, once the Russians had taken control of the city. Given Putin’s feeling about the role Lenin played in creating Ukraine, I found both the presence of this monument, and the role of the Russian citizens of Genichesk in restoring it, curiously ironic. Vladimir Saldo is a man imbued with enthusiasm for his work. A civil engineer by profession, with a PhD in economics, Saldo had served in senior management positions in the “Khersonbud” Project and Construction Company before moving on into politics, serving on the Kherson City Council, the Kherson Regional Administration, and two terms as the mayor of the city of Kherson. Saldo, as a member of the Party of Regions, moved to the opposition and was effectively subjected to political ostracism in 2014, when the Ukrainian nationalists who had seized power all but forced it out of politics. Aleksandr and I had the pleasure of meeting with Saldo in his office in the government building in downtown Genichesk. We talked about a wide range of issues, including his own path from a Ukrainian construction specialist to his current position as the governor of Kherson Oblast. We talked about the war. But Saldo’s passion was the economy, and how he could help revive the civilian economy of Kherson in a manner that best served the interests of its diminished population. On the eve of the military operation, back in early 2022, the population of the Kherson Region stood at just over a million, of which some 280,000 were residing in the city of Kherson. By November 2022, following the withdrawal of Russian forces from the right bank of the Dnieper River – including the city of Kherson – the population of the region had fallen below 400,000 and, with dismal economic prospects, the numbers kept falling. Many of those who left were Ukrainians who did not want to live under Russian rule. But others were Russians and Ukrainians who felt that they had no future in the war-torn region, and as such sought their fortunes elsewhere in Russia. Fyodor Lukyanov: How does the Russia-Ukraine conflict end? Read more Fyodor Lukyanov: How does the Russia-Ukraine conflict end? “My job is to give the people of Kherson hope for a better future,” Saldo told me. “And the time for this to happen is now, not when the war ends.” Restoration of Kherson’s once vibrant agricultural sector is a top priority, and Saldo has personally taken the lead in signing agreements for the provision of Kherson produce to Moscow supermarkets. Saldo has also turned the region into a special economic zone, where potential investors and entrepreneurs can receive preferential loans and financial support, as well as organizational and legal assistance for businesses willing to open shop there. The man responsible for making this vision a reality is Mikhail Panchenko, the Director of the Kherson Region Industry Development Fund. I met Mikhail in a restaurant located across the street from the governmental building which Saldo called home. Mikhail had come to Kherson in the summer of 2022, leaving a prominent position in Moscow in the process. “The Russian government was interested in rebuilding Kherson,” Mikhail told me, “and established the Industry Development Fund as a way of attracting businesses to the region.” Mikhail, who was born in 1968, was too old to enlist in the military. “When the opportunity came to direct the Industry Development Fund, I jumped at it as a way to do my patriotic duty.” The first year of the fund’s operation saw Mikhail hand out 300 million rubles (almost $3.3 million at the current rate) in loans and grants (some of which was used to open the very restaurant where we were meeting.) The second year saw the allotment grow to some 700 million rubles. One of the biggest projects was the opening of a concrete production line capable of producing 60 cubic meters of concrete per hour. Mikhail took Alexander and me on a tour of the plant, which had grown to three production lines generating some 180 cubic meters of concrete an hour. Mikhail had just approved funding for an additional four production lines, for a total concrete production rate of 420 cubic meters per hour. “That’s a lot of concrete,” I remarked to Mikhail. “We are making good use of it,” he replied. “We are rebuilding schools, hospitals, and government buildings that had been neglected over the years. Revitalizing the basic infrastructure a society needs if it is to nurture a growing population.” The problem Mikhail faces, however, is that most of the population growth being experienced in Kherson today comes from the military. The war can’t last forever, Mikhail noted. “Someday the army will leave, and we will need civilians. Right now, the people who left are not returning, and we’re having a hard time attracting newcomers. But we will keep building in anticipation of a time when the population of the Kherson region will grow from an impetus other than war. And for that,” he said, a twinkle in his eye, “we need concrete!” I thought long and hard about the words of Vladimir Saldo and Panchenko as Aleksandr drove back onto the M18 highway, heading northeast, toward Donetsk. The reconstruction efforts being undertaken are impressive. But the number that kept coming to mind was the precipitous decline in the population – more than 60% of the pre-war population has left the Kherson region since the Russian military operation began. According to statistics provided by the Russian Central Election Commission, some 571,000 voters took part in the referendum on joining Russia that was held in late September 2022. A little over 497,000, or some 87%, voted in favor, while slightly more than 68,800, or 12%, voted against. The turnout was almost 77%. Sergey Poletaev: As the second anniversary of the Russia–Ukraine conflict approaches, who has the upper hand? Read more Sergey Poletaev: As the second anniversary of the Russia–Ukraine conflict approaches, who has the upper hand? These numbers, if accurate, implied that there was a population of over 740,000 eligible voters at the time of the election. While the loss of the city of Kherson in November 2022 could account for a significant source of the population drop that took place between September 2022 and the time of my visit in January 2024, it could not account for all of it. The Russian population of Kherson in 2022 stood at approximately 20%, or around 200,000. One can safely say that the number of Russians who fled west to Kiev following the start of the military operation amounts to a negligible figure. If one assumes that the Russian population of the Kherson Region remained relatively stable, then most of the population decline came from the Ukrainian population. While Saldo did not admit to such, the Governor of the neighboring Zaporozhya Region, Yevgeny Balitsky, has acknowledged that many Ukrainian families deemed by the authorities to be anti-Russian were deported following the initiation of the military operation (Russians accounted for a little more than 25% of the pre-conflict Zaporozhye population.) Many others fled to Russia to escape the deprivations of war. Evidence of the war was everywhere to be seen. While the conflict in Kherson has stabilized along a line defined by the Dnieper River, Zaporozhye is very much a frontline region. Indeed, the main direction of attack of the summer 2023 Ukrainian counteroffensive was from the Zaporozhye region village of Rabotino, toward the town of Tokmak, and on towards the temporary regional capital of Melitopol (the city of Zaporozhye has remained under Ukrainian control throughout the conflict to date.) I had petitioned to visit the frontlines near Rabotino but had been denied by the Russian Ministry of Defense. So, too, was my request to visit units deployed in the vicinity of Tokmak – too close to the front. The closest I would get would be the city of Melitopol, the ultimate objective of the Ukrainian counterattack. We drove past fields filled with the concrete “dragon’s teeth” and antitank ditches that marked the final layer of defenses that constituted the “Surovikin Line,” named after the Russian General, Sergey Surovikin, who had commanded the forces when the defenses were put in place. The Ukrainians had hoped to reach the city of Melitopol in a matter of days once their attack began; they never breached the first line of defense situated to the southeast of Rabotino. Melitopol, however, is not immune to the horrors of war, with Ukrainian artillery and rockets targeting it often to disrupt Russian military logistics. I kept this in mind as we drove through the streets of the city, past military checkpoints, and roving patrols. I was struck by the fact that the civilians I saw were going about their business, seemingly oblivious to the everyday reality of war that existed around them. As was the case in Kherson, the entirety of the Zaporozhye Region seemed strangely depopulated, as if one were driving through the French capital of Paris in August, when half the city is away on vacation. I had hoped to be able to talk with Balitsky about the reduced population and other questions I had about life in the region during wartime, but this time Aleksandr’s phone could not produce the desired result – Balitsky was away from the region and unavailable. If he had been available, I would have asked him the same question I had put to Saldo earlier in the day: given that Putin was apparently willing to return the Kherson and Zaporozhye regions to Ukraine as part of the peace deal negotiated in March 2022, how does the population of his region feel about being part of Russia today? Are they convinced that Russia is, in fact, there to stay? Do they feel like they are a genuine part of the Novorossiya that Putin speaks about? Saldo had talked in depth about the transition from being occupied by Russian forces, which lasted until April-May 2022 (about the time that Ukraine backed out of the ceasefire agreement), to being administered by Moscow. “There never was a doubt in my mind, or anyone else’s, that Kherson was historically a part of Russia,” Saldo said, “or that, once Russian troops arrived, that we would forever be Russian again.” But the declining population, and the admission of forced deportations on the part of Balitsky, suggests that there was a significant part of the population that had, in fact, taken umbrage at such a future. I would have liked to hear what Balitsky had to say about this question. Reality, however, doesn’t deal with hypotheticals, and the present reality is that both Kherson and Zaporozhye are today part of the Russian Federation, and that both regions are populated by people who had made the decision to remain there as citizens of Russia. We will never know what the fate of these two territories would have been had the Ukrainian government honored the ceasefire agreement negotiated in March 2022. What we do know is that today both Kherson and Zaporozhye are part of the “New Territories” – Novorossiya. Russia will for some time find its acquisition of the “new territories” challenged by nations who question the legitimacy of Russia’s military occupation and subsequent absorption of the Kherson and Zaporozhye regions into the Russian Federation. The reticence of foreigners to recognize these regions as being part of Russia, however, is the least of Russia’s problems. As was the case with Crimea, the Russian government will proceed irrespective of any international opposition. The real challenge facing Russia is to convince Russians that the new territories are as integral to the Russian motherland as Crimea, a region reabsorbed by Russia in 2014 which has seen its economic fortunes and its population grow over the past decade. The diminished demographics of Kherson and Zaporozhye represent a litmus test of sorts for the Russian government, and for the governments of both Kherson and Zaporozhye. If the populations of these regions cannot regenerate, then these regions will wither on the vine. If, however, these new Russian lands can be transformed into places where Russians can envision themselves raising families in an environment free from want and fear, then Novorossiya will flourish. Novorossiya is a reality, and the people who live there are citizens by choice more than circumstances. They are well served by men like Saldo and Balitsky, who are dedicated to the giant task of making these regions part of the Russian Motherland in actuality, not just in name. Behind Saldo and Balitsky are men like Panchenko, people who left an easy life in Moscow or some other Russian city to come to the “New Territories” not for the purpose of seeking their fortunes, but rather to improve the lives of the new Russian citizens of Novorossiya. For this to happen, Russia must emerge victorious in its struggle against the Ukrainian nationalists ensconced in Kiev, and their Western allies. Thanks to the sacrifices of the Russian military, this victory is in the process of being accomplished. Then the real test begins – turning Novorossiya into a place Russians will want to call home. ATTENTION READERS We See The World From All Sides and Want YOU To Be Fully Informed In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion. About VT - Policies & Disclosures - Comment Policy Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT. https://www.vtforeignpolicy.com/2024/03/scott-ritter-we-are-witnessing-the-bittersweet-birth-of-a-new-russia/ https://telegra.ph/Scott-Ritter-We-are-witnessing-the-bittersweet-birth-of-a-new-Russia--VT-Foreign-Policy-03-11
    WWW.VTFOREIGNPOLICY.COM
    Scott Ritter: We are witnessing the bittersweet birth of a new Russia
    Building Novorossiya back up after Ukrainian neglect and war is a monumental but unavoidable task
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  • The Rothschild Deep State Cabal Is Imploding
    Jonas E. Alexis, Senior EditorFebruary 23, 2024

    VT Condemns the ETHNIC CLEANSING OF PALESTINIANS by USA/Israel

    $ 280 BILLION US TAXPAYER DOLLARS INVESTED since 1948 in US/Israeli Ethnic Cleansing and Occupation Operation; $ 150B direct "aid" and $ 130B in "Offense" contracts
    Source: Embassy of Israel, Washington, D.C. and US Department of State.

    Whenever any form of government becomes destructive of these ends [life, liberty and the pursuit of happiness], it is the right of the people to alter or abolish it, and to institute new government, laying its foundation on such principles, and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

    Thomas Jefferson, Declaration of Independence, 1776

    That same momentous year that kicked off the American Revolution, 1776 was also the year that ex-Jesuit Adam Weishaupt in Bavaria founded his Illuminati Order, sponsored by Mayer Amschel Rothschild as House of Rothschild patriarch in nearby Frankfurt, Germany. And it was America’s third US President Thomas Jefferson, who refused renewal of the Rothschild controlled First Bank of America’s charter in 1811. The American Revolution may have been fought for independence from King George’s British monarchy, but not independence from the Rothschild central banking cartel, whose controlling 70% foreign interests in First Bank of America indebted America’s earliest citizens. At the end of George Washington’s eight years as first US president, in 1791 the federalist Rothschild agent Alexander Hamilton installed for the Rothschilds their First Bank of America.

    Not renewing its charter, Jefferson kicked the Rothschild owned bank out of the US, which became the basis for America’s first war as a sovereign independent country, once again facing the same British enemy in the War of 1812. This war fought over financial independence from Britain’s City of London, only caused young America to drown further in war debt, as Nathan Rothschild backing both sides to every conflict he creates was determined to bankrupt the US to force it into recolonization. Despite the hard-fought American military victory, by 1815 with the US war debt nearly tripled at $119.2 million in the red, America financially was already a major debtor nation owing the infamous bloodline banking dynasty. That same year, making a colossal fortune over the Battle of Waterloo outcome by pre-rigging his investment, the gloating crook Nathan Rothschild proclaimed:

    I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.

    Sadly, America’s War of 1812 struggle for financial independence from the Rothschild controllers was lost. A brief excerpt from my Pedophilia & Empire series, Book 3, chapter one on the Rothschild family:

    In 1816 with yet a Second Bank of the United States foisted on American citizens for the next 20 years, in effect, Rothschild was simply seizing his predatory ownership of the United States. And once again, private control over the US money supply tacking on parasitic interest went into the coffers of as many as 1000 foreign investors, with [Nathan’s younger brother] Baron James de Rothschild in Paris holding the controlling shares.

    When the Second Bank of America’s charter was up for renewal 20 years later in 1836, that year Nathan Rothschild died. But France’s James de Rothschild assuming control over both the London and Paris banking branches, battled playing dirty as usual for charter renewal. He met his match as the resolute, feisty President Andrew Jackson was up for the challenge, declaring war on the House of Rothschild:

    You are a den of vipers. I intend to rout you out and by eternal God, I will rout you out.

    President Jackson’s turn to oppose the centralized moneychangers ultimately proved successful, kicking the Rothschilds out of America yet again, and the second British dynasty US takeover was again foiled, at least temporarily. However, the year prior in 1835, amidst the battle over the US private central bank, Jackson barely dodged a bullet to literally escape an assassination attempt attributed to Rothschild wrath. From 1836 to 1913, the US was largely free of the treacherous Rothschild leeches from Europe, signifying America’s longest period of foremost economic growth and prosperity in its entire history.

    Having acquired central banking control over Europe and through Nathan Rothschild’s ownership of the Bank of England by early 19th century, the British East India Company monopoly over international trade, including both the drug and slave trade, spanned the globe from Africa, the Indian and Pacific Oceans to North America and Europe, the flourishing international banking cartel consolidated its growing global money lending power over every commercial trade on every continent. But one vast sprawling nation covering two continents over the centuries resisted and eluded the Rothschild clutches. As a result, Russia was repeatedly targeted, as its ruling Romanov monarchy managed to successfully evade the Rothschild predatory conquest, but not without murderous retribution. From author Eustice Mullens’ New World Order:

    After the fall of Napoleon, the Rothschilds turned all their hatred against the Romanovs. In 1825, they poisoned Alexander I; in 1855, they poisoned Nicholas I. Other assassinations followed, culminating on the night of November 6, 1917, when a dozen Red Guards drove a truck up to the Imperial Bank Building in Moscow. They loaded the Imperial jewel collection and $700 million gold, loot totaling more than a billion dollars. The new regime also confiscated the 150 million acres in Russia personally owned by the Czar.

    In addition to a century of assassinating Romanov czars by poison, when Czar Alexander II came to the aid of Abraham Lincoln during the Civil War, which by many accounts attribute Russian support to preserving the Union, the vindictive Rothschild cartel as primary backer of the Confederacy, vowed eternal revenge against the Russia and its royal family. The Rothschilds et al’s war at all cost against Russia today in Ukraine is merely this same long legacy’s outcome.

    Just prior to the Rothschilds’ planned First World War in 1914, a few months earlier in late 1913, they deceptively snuck through Congress their Federal Reserve Act on December 23rd, after most members had already left on Christmas break. The Jekyll Island rendezvous of the Fed Reserve architects included Paul Warburg, the German born chief central banking Rothschild agent moved to the US, ending up the second Vice Fed chairman. Continuity of one thought mind pervades the Warburg clan as Paul’s son James Paul Warburg before the Senate Foreign Relations Committee in 1950 emphatically declared:

    We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest.

    Thus, the third Rothschild central private bank in America was established to take permanent full usury-debtor system control over the US money supply, through bribery of Washington’s political puppet class, and the American people through their engineered debtor system. 1913 also saw the passage of the Federal Income Tax Act, illegally squeezing tax dollars to rip off hardworking US citizens just to pay off debt interests from all the bankers’ war loans. This vicious control cycle is how Khazarian mafia swindlers have cunningly operated since their identity snatching days of their ancient Khazar kingdom over a millennium ago.

    The Rothschild central banking controllers hired one of their own, distant cousin Karl Marx to write his Marxist Communist Manifesto in 1848. And it was the Rothschild cartel money along with Rothschild agent Jacob Schiff in America that financed his fellow Jews’ Bolshevik Revolution and their plotted murder and theft of Russian Czar Nicholas II’s family in 1917. And that billion plus of stolen Russian gold is said to have wound up stored in Rothschild’s underground chambers at City of London’s Bank of England. A centuries long pattern of covert deception, murder, war, corruption and insatiable appetite for greed and increasing power characterize all that is behind today’s still operating Khazarian mafia bankster dynasty rooted in ancient Khazar more than a millennium ago. Closer to this century historically, one world government tyranny and depopulation eugenics have both reflected the elites’ obsession.

    Rothschild crimes funded all three of the most bloodthirsty dictators in all of human history. The 1917 Russian Revolution spawned the rise of the Lenin-Stalin Communist Soviet Union democide, killing 66 million mostly Christian Russians. Then, since the early 1930s, in addition to Bush, Rothschild and Rockefeller bloodlines also funded the rise of Adolph Hitler. His alleged sacrifice of 6 million Jews in WWII was used coldheartedly as Zionist bargaining chips for the non-Hebrew Ashkenazim false claim of “Israelite birthright” to a homeland in Palestine, promised to Lord Lionel Rothschild in the 1917 Balfour Declaration. Three decades later, the pledge was fulfilled with the establishment of the Jewish State. Despite a non-Hebrew heritage, Ashkenazi [non]Jews that trace back originally to nomadic Turkic tribes, comprise 90% of today’s Israeli population.

    The Balfour Declaration also made another pledge:

    …Nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine.

    The Jewish State since its 1948 inception, that’s the last three quarters of a century now, has brutally pushed out the true Semite Arabs living in Palestine, their rightful ancient homeland, yet they’ve been systematically destroyed by Israel’s official genocidal apartheid policy. This fact is neither anti-Semitic nor what should be allowed or tolerated by rest of the world, yet with impunity, it has for far too long. This shameful reality is largely due to the Zionist House of Rothschild’s influence and control over Israel.

    Also in the 1930s, the Rothschilds groomed and backed yet another notorious Yale educated dictator Mao Zedong, also covertly supporting his democide against 65 million of his own sacrificed fellow Chinese. Over the centuries, you can recognize a pattern, that these Luciferian bloodline controllers led by the likes of the Rothschild and Rockefeller dynasties, have had ample practice committing genocides, financing the rise to power of all three dictators responsible for the deadliest genocides in all of history on this planet… that is, until the current unprecedented genocide against today’s human race.

    In 1933 the globalists of the day attempted the first major coup against the United States government in a failed attempt to overthrew the Franklin Delano Roosevelt, singlehandedly prevented by the Medal of Honor and most decorated war hero US Marine Corps Major General Smedley Butler. His intervention stopped the plotted criminal takeover, exposing it publicly in the press in 1934 as well as in his book. And though his courageous actions successfully averted the treasonous subversion committed by some of America’s wealthiest, most powerful conspiratorial traitors as captains of industry, bankers and politicians, among them heir to the Singer Sewing fortune Robert Sterling Clark and George HW Bush’s father, Prescott Bush, during WWII as a Union Banking Corp. director, Bush’s company was linked to financing, aiding and abetting the US Nazi enemy Adolph Hitler, yet his shockingly treasonous past was covered up and he was sent to the US Senate from Connecticut. Of course, the Bush-Clinton crime families are notorious for getting away with multiple felonies of high treason. Pedophile George Bush senior was implicated in America’s largest publicly exposed child sex trafficking network, tagged the “Franklin scandal” involving Nebraska children some from Catholic Boys Town directly trafficked to the White House during the Reagan-Bush administrations.

    While the Bush crime family are Satanists, their fellow Satanist arrested in this scandal coverup was fall guy Lawrence E. King, though the entire operation was quickly swept under the carpet as ringleader King aided by the likes of Satanist Lt. Col. Michael Aquino hotel drop-off of a cash filled suitcase to King. Like Epstein, Lawrence King was also handed a sweetheart deal with next to no jailtime considering his ungodly crimes. Of course, Aquino always walked free despite being linked to multiple pedo-scandals, protected by his military status high up in America’s MK mind control operation, identified by a number of child victims at the Presidio daycare scandal as well as implicated by Cathy O’Brien as a MK-ultra top programmer. America’s highest-profile pedophile-child sex trafficker is supposedly deceased, Jeffrey Epstein, while his gal pal partner-in-crime Guislaine Maxwell serves her 20-year sentence in a Florida federal penitentiary.

    Whereas the Franklin scandal incriminates the Bush crime family, both the Epstein-Maxwell operation and Pizzagate scandal expose the Rothschild, Clinton, Podesta, Obama, Biden crime families, including Donald Trump touting what “a terrific guy” Epstein was to 2004 New York Magazine, adding how he loves “the young ones,” wink, wink. The fact is, America’s uniparty is infested with hundreds of compromised famous pedophiles and gatekeeping enablers still walking free, despite the tons of cameras capturing the crimes as evidence. Outside of King, Epstein and Maxwell, zero arrests and prosecutions of any prominent guilty pedo-criminals including British, Belgian, and Dutch royalty, prime ministers and presidents, as well as billionaire criminals like Bill Gates, hundreds, perhaps thousands of these blackmailed VIP politicians, judges, police chiefs, generals, CEOs, bankers and entertainers, all guilty of horrific child sex abuse crimes have yet to face their unholiest of unholy karma.

    Multiple chapters in Pedophilia & Empire Book 4 unravel the US pedo-scourge and other scandals throughout the world in the other books. The New World Order, secret societies and the global pedophilia network generating enormous black ops revenue involving colossal amounts of money laundering by all Rothschild private central banks, are explicitly intertwined and fully documented in the five volume series with access to all 50 plus chapters here.

    Because so much accelerated shocking truth is coming out weekly, with a one in 6 billion chance of so many disastrous chemical spill derailments all at once, manmade earthquakes punishing nations aligned with Russia, all are only further incriminating the bloodline controllers and their puppet minions at the highest echelons of Western power. The reason why the Ukraine war is so huge right now, carrying so much at stake, is because the entire New World Order’s one world government scheme is riding on the bloodline controllers’ defeat by Russia in Ukraine as their longtime “devil’s playground” hub gets further exposed to the global public. With all these bloodline criminals vis-à-vis the Rothschild dynasty atop this predatory food chain, busily bribing, blackmailing, and silencing facts and truthtellers through any and all means necessary, it’s to ensure that their psychopathic club of elites remains unreachable and immune from all prosecution and long overdue justice. They know more than enough criminal evidence is out there in the public domain to convict these genocidal killers for their unending crimes and they know that We the People are closing in on them. And because of this, the monstrous beasts are willing to unleash nuclear Armageddon. We are living through epic times, and though millions have already perished and perhaps billions more will follow, in this war between good and evil, we have them on the run, rushing like cockroaches for the cover of darkness. But armed and united by the truth, justice will be done.

    As a consequence of the covert subversive overthrow of the United States government taking place in recent years, both the complete absence of rule of law and rampant treasonous failure to uphold the US Constitution, currently has Americans and people around the world waking up in righteous anger by the thousands every single day. Our founding fathers like Thomas Jefferson bestowed fundamental rights of liberty and freedom to every citizen, granting us clear-cut legal justification and guidelines to, in his words, “abolish” the illegitimate treasonous regime occupying Washington today. Taking into account the US government’s repeated terrorist acts constituting democide against its own American citizenry as well as having committed acts of war against US closest allies like Germany via the Nord Stream sabotage, the Biden regime’s intent to destroy both America and West must be opposed immediately.

    A growing majority of Americans disapprove of Biden’s job performance as imposter president, more so than any previous president in US modern history during the entire 78 years of presidential poll ratings. After the US Supreme Court declined the Brunson case out of Utah last month for a second time this year, the longshot effort to hold the vast majority of Congress accountable for illegally ratifying a fraudulent, rigged 2020 election has been thwarted. All three branches of government – the executive, legislative and judiciary, have systemically failed Americans by repeatedly violating the US Constitution in clear breech of their sworn oaths to uphold and defend. All three branches have committed treason for destroying our nation through reckless, willful crimes endangering both the American as well as global population, targeted for extermination by the elites. Nuremberg 2.0 needs to immediately be invoked for mass tribunal trials of multitudes of genocidal traitors determined to impose their diabolical, exposed depopulation agenda on humanity.

    The assassination of John F. Kennedy, the president that vowed to “splinter the CIA into a thousand pieces,” reduce the power of the Federal Reserve and avert a decade long costly war in Vietnam, set the stage for the Deep State to fester and thrive ever since November 22, 1963. Every US president ever since has been a mere puppet for bloodline controllers to rape the earth and humanity in the name of the military industrial security Big Pharma complex. In this century the Khazarian mafia infested and controlled international criminal cabal manufactured their “new Pearl Harbor” 9/11, an Israeli-neocon grand Satanic blood sacrifice after the prewritten Patriot Act straight out of the dialectical “problem, reaction, solution” con-game playbook intended to strip away all Americans’ constitutional rights, a lose-lose our less freedom for less security and win-win for the Satanists, thinly disguised as collateral damage behind their fabricated war on terror against Muslim terrorists they create, train and finance as fake proxy war US enemies, supplementing their ongoing “war on drugs” to destroy African American families for the prison security complex, then when convenient again switch the revolving “enemy” back to the Russians and Chinese in Cold War #2 to drive humanity off the Armageddon cliff with today’s nuclear World War III countdown.

    And now along with the threat of a mushroom cloud, their enemy target today expands to a genocidal war against the entire human species with their fake pandemic/killer jab’s malevolent agenda to destroy national sovereignty via the United Nations’ World Health Organization, subversively imposing more fake or deadly health emergencies possessing an unlimited bioweapon arsenal bringing more draconian lockdowns, more killer mandates, along with their 15-minute smart cities control grid prison enslavement, planetwide mass surveillance, Chinese modeled social credit scores freezing dissidents’ bank accounts requiring digital ID approval and cashless World Bank Digital Currency, all part of their “Great Reset.”

    The globalists’ wet dream is our never-ending nightmare of absolute myopic control over the culled down, beaten down, traumatized, lobotomized population of jabbed, DNA altered, group hived, AI mind-controlled cyborg survivors. This is our bleak Lucifer controlled future if we remain weak, passive, defeated and ignorant. Activism is growing in a planetwide movement protesting against the Ukraine debacle along with the price inflation, smart cities and World Economic Forum’s enslavement. Legal challenges against the technocratic tyranny, the genocide, the wokist insanity. Our enemy is on notice and no doubt will be unleashing more false flags and WMDs at us, but the momentum of growing resistance and opposition is mobilizing for the long war.

    Joachim Hagopian is a West Point graduate, former Army officer and author of “Don’t Let the Bastards Getcha Down,” exposing a faulty US military leadership system based on ticket punching up the seniority ladder, invariably weeding out the best and brightest, leaving mediocrity and order followers rising to the top as politician-bureaucrat generals designated to lose every modern US war by elite design. After the military, Joachim earned a master’s degree in Clinical Psychology and worked as a licensed therapist in the mental health field with abused youth and adolescents for more than a quarter century. In Los Angeles he found himself battling the largest county child protective services in the nation within America’s thoroughly broken and corrupt child welfare system.

    The experience in both the military and child welfare system prepared him well as a researcher and independent journalist, exposing the evils of Big Pharma and how the Rockefeller controlled medical and psychiatric system inflict more harm than good, case in point the current diabolical pandemic hoax and genocide. As an independent journalist for the last decade, Joachim has written hundreds of articles for many news sites, like Global Research, lewrockwell.com and currently https://jameshfetzer.org. As a published bestselling author on Amazon of a 5-book volume series entitled Pedophilia & Empire: Satan, Sodomy & the Deep State, his A-Z sourcebook series exposes the global pedophilia scourge is available free at https://pedoempire.org/contents/. Joachim also hosts the Revolution Radio weekly broadcast “Cabal Empire Exposed,” every Friday morning at 6AM EST (ID: revradio, password: rocks!).


    ATTENTION READERS

    We See The World From All Sides and Want YOU To Be Fully Informed
    In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

    About VT - Policies & Disclosures - Comment Policy
    Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.


    https://www.vtforeignpolicy.com/2024/02/the-rothschild-deep-state-cabal-is-imploding/
    The Rothschild Deep State Cabal Is Imploding Jonas E. Alexis, Senior EditorFebruary 23, 2024 VT Condemns the ETHNIC CLEANSING OF PALESTINIANS by USA/Israel $ 280 BILLION US TAXPAYER DOLLARS INVESTED since 1948 in US/Israeli Ethnic Cleansing and Occupation Operation; $ 150B direct "aid" and $ 130B in "Offense" contracts Source: Embassy of Israel, Washington, D.C. and US Department of State. Whenever any form of government becomes destructive of these ends [life, liberty and the pursuit of happiness], it is the right of the people to alter or abolish it, and to institute new government, laying its foundation on such principles, and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Thomas Jefferson, Declaration of Independence, 1776 That same momentous year that kicked off the American Revolution, 1776 was also the year that ex-Jesuit Adam Weishaupt in Bavaria founded his Illuminati Order, sponsored by Mayer Amschel Rothschild as House of Rothschild patriarch in nearby Frankfurt, Germany. And it was America’s third US President Thomas Jefferson, who refused renewal of the Rothschild controlled First Bank of America’s charter in 1811. The American Revolution may have been fought for independence from King George’s British monarchy, but not independence from the Rothschild central banking cartel, whose controlling 70% foreign interests in First Bank of America indebted America’s earliest citizens. At the end of George Washington’s eight years as first US president, in 1791 the federalist Rothschild agent Alexander Hamilton installed for the Rothschilds their First Bank of America. Not renewing its charter, Jefferson kicked the Rothschild owned bank out of the US, which became the basis for America’s first war as a sovereign independent country, once again facing the same British enemy in the War of 1812. This war fought over financial independence from Britain’s City of London, only caused young America to drown further in war debt, as Nathan Rothschild backing both sides to every conflict he creates was determined to bankrupt the US to force it into recolonization. Despite the hard-fought American military victory, by 1815 with the US war debt nearly tripled at $119.2 million in the red, America financially was already a major debtor nation owing the infamous bloodline banking dynasty. That same year, making a colossal fortune over the Battle of Waterloo outcome by pre-rigging his investment, the gloating crook Nathan Rothschild proclaimed: I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply. Sadly, America’s War of 1812 struggle for financial independence from the Rothschild controllers was lost. A brief excerpt from my Pedophilia & Empire series, Book 3, chapter one on the Rothschild family: In 1816 with yet a Second Bank of the United States foisted on American citizens for the next 20 years, in effect, Rothschild was simply seizing his predatory ownership of the United States. And once again, private control over the US money supply tacking on parasitic interest went into the coffers of as many as 1000 foreign investors, with [Nathan’s younger brother] Baron James de Rothschild in Paris holding the controlling shares. When the Second Bank of America’s charter was up for renewal 20 years later in 1836, that year Nathan Rothschild died. But France’s James de Rothschild assuming control over both the London and Paris banking branches, battled playing dirty as usual for charter renewal. He met his match as the resolute, feisty President Andrew Jackson was up for the challenge, declaring war on the House of Rothschild: You are a den of vipers. I intend to rout you out and by eternal God, I will rout you out. President Jackson’s turn to oppose the centralized moneychangers ultimately proved successful, kicking the Rothschilds out of America yet again, and the second British dynasty US takeover was again foiled, at least temporarily. However, the year prior in 1835, amidst the battle over the US private central bank, Jackson barely dodged a bullet to literally escape an assassination attempt attributed to Rothschild wrath. From 1836 to 1913, the US was largely free of the treacherous Rothschild leeches from Europe, signifying America’s longest period of foremost economic growth and prosperity in its entire history. Having acquired central banking control over Europe and through Nathan Rothschild’s ownership of the Bank of England by early 19th century, the British East India Company monopoly over international trade, including both the drug and slave trade, spanned the globe from Africa, the Indian and Pacific Oceans to North America and Europe, the flourishing international banking cartel consolidated its growing global money lending power over every commercial trade on every continent. But one vast sprawling nation covering two continents over the centuries resisted and eluded the Rothschild clutches. As a result, Russia was repeatedly targeted, as its ruling Romanov monarchy managed to successfully evade the Rothschild predatory conquest, but not without murderous retribution. From author Eustice Mullens’ New World Order: After the fall of Napoleon, the Rothschilds turned all their hatred against the Romanovs. In 1825, they poisoned Alexander I; in 1855, they poisoned Nicholas I. Other assassinations followed, culminating on the night of November 6, 1917, when a dozen Red Guards drove a truck up to the Imperial Bank Building in Moscow. They loaded the Imperial jewel collection and $700 million gold, loot totaling more than a billion dollars. The new regime also confiscated the 150 million acres in Russia personally owned by the Czar. In addition to a century of assassinating Romanov czars by poison, when Czar Alexander II came to the aid of Abraham Lincoln during the Civil War, which by many accounts attribute Russian support to preserving the Union, the vindictive Rothschild cartel as primary backer of the Confederacy, vowed eternal revenge against the Russia and its royal family. The Rothschilds et al’s war at all cost against Russia today in Ukraine is merely this same long legacy’s outcome. Just prior to the Rothschilds’ planned First World War in 1914, a few months earlier in late 1913, they deceptively snuck through Congress their Federal Reserve Act on December 23rd, after most members had already left on Christmas break. The Jekyll Island rendezvous of the Fed Reserve architects included Paul Warburg, the German born chief central banking Rothschild agent moved to the US, ending up the second Vice Fed chairman. Continuity of one thought mind pervades the Warburg clan as Paul’s son James Paul Warburg before the Senate Foreign Relations Committee in 1950 emphatically declared: We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest. Thus, the third Rothschild central private bank in America was established to take permanent full usury-debtor system control over the US money supply, through bribery of Washington’s political puppet class, and the American people through their engineered debtor system. 1913 also saw the passage of the Federal Income Tax Act, illegally squeezing tax dollars to rip off hardworking US citizens just to pay off debt interests from all the bankers’ war loans. This vicious control cycle is how Khazarian mafia swindlers have cunningly operated since their identity snatching days of their ancient Khazar kingdom over a millennium ago. The Rothschild central banking controllers hired one of their own, distant cousin Karl Marx to write his Marxist Communist Manifesto in 1848. And it was the Rothschild cartel money along with Rothschild agent Jacob Schiff in America that financed his fellow Jews’ Bolshevik Revolution and their plotted murder and theft of Russian Czar Nicholas II’s family in 1917. And that billion plus of stolen Russian gold is said to have wound up stored in Rothschild’s underground chambers at City of London’s Bank of England. A centuries long pattern of covert deception, murder, war, corruption and insatiable appetite for greed and increasing power characterize all that is behind today’s still operating Khazarian mafia bankster dynasty rooted in ancient Khazar more than a millennium ago. Closer to this century historically, one world government tyranny and depopulation eugenics have both reflected the elites’ obsession. Rothschild crimes funded all three of the most bloodthirsty dictators in all of human history. The 1917 Russian Revolution spawned the rise of the Lenin-Stalin Communist Soviet Union democide, killing 66 million mostly Christian Russians. Then, since the early 1930s, in addition to Bush, Rothschild and Rockefeller bloodlines also funded the rise of Adolph Hitler. His alleged sacrifice of 6 million Jews in WWII was used coldheartedly as Zionist bargaining chips for the non-Hebrew Ashkenazim false claim of “Israelite birthright” to a homeland in Palestine, promised to Lord Lionel Rothschild in the 1917 Balfour Declaration. Three decades later, the pledge was fulfilled with the establishment of the Jewish State. Despite a non-Hebrew heritage, Ashkenazi [non]Jews that trace back originally to nomadic Turkic tribes, comprise 90% of today’s Israeli population. The Balfour Declaration also made another pledge: …Nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine. The Jewish State since its 1948 inception, that’s the last three quarters of a century now, has brutally pushed out the true Semite Arabs living in Palestine, their rightful ancient homeland, yet they’ve been systematically destroyed by Israel’s official genocidal apartheid policy. This fact is neither anti-Semitic nor what should be allowed or tolerated by rest of the world, yet with impunity, it has for far too long. This shameful reality is largely due to the Zionist House of Rothschild’s influence and control over Israel. Also in the 1930s, the Rothschilds groomed and backed yet another notorious Yale educated dictator Mao Zedong, also covertly supporting his democide against 65 million of his own sacrificed fellow Chinese. Over the centuries, you can recognize a pattern, that these Luciferian bloodline controllers led by the likes of the Rothschild and Rockefeller dynasties, have had ample practice committing genocides, financing the rise to power of all three dictators responsible for the deadliest genocides in all of history on this planet… that is, until the current unprecedented genocide against today’s human race. In 1933 the globalists of the day attempted the first major coup against the United States government in a failed attempt to overthrew the Franklin Delano Roosevelt, singlehandedly prevented by the Medal of Honor and most decorated war hero US Marine Corps Major General Smedley Butler. His intervention stopped the plotted criminal takeover, exposing it publicly in the press in 1934 as well as in his book. And though his courageous actions successfully averted the treasonous subversion committed by some of America’s wealthiest, most powerful conspiratorial traitors as captains of industry, bankers and politicians, among them heir to the Singer Sewing fortune Robert Sterling Clark and George HW Bush’s father, Prescott Bush, during WWII as a Union Banking Corp. director, Bush’s company was linked to financing, aiding and abetting the US Nazi enemy Adolph Hitler, yet his shockingly treasonous past was covered up and he was sent to the US Senate from Connecticut. Of course, the Bush-Clinton crime families are notorious for getting away with multiple felonies of high treason. Pedophile George Bush senior was implicated in America’s largest publicly exposed child sex trafficking network, tagged the “Franklin scandal” involving Nebraska children some from Catholic Boys Town directly trafficked to the White House during the Reagan-Bush administrations. While the Bush crime family are Satanists, their fellow Satanist arrested in this scandal coverup was fall guy Lawrence E. King, though the entire operation was quickly swept under the carpet as ringleader King aided by the likes of Satanist Lt. Col. Michael Aquino hotel drop-off of a cash filled suitcase to King. Like Epstein, Lawrence King was also handed a sweetheart deal with next to no jailtime considering his ungodly crimes. Of course, Aquino always walked free despite being linked to multiple pedo-scandals, protected by his military status high up in America’s MK mind control operation, identified by a number of child victims at the Presidio daycare scandal as well as implicated by Cathy O’Brien as a MK-ultra top programmer. America’s highest-profile pedophile-child sex trafficker is supposedly deceased, Jeffrey Epstein, while his gal pal partner-in-crime Guislaine Maxwell serves her 20-year sentence in a Florida federal penitentiary. Whereas the Franklin scandal incriminates the Bush crime family, both the Epstein-Maxwell operation and Pizzagate scandal expose the Rothschild, Clinton, Podesta, Obama, Biden crime families, including Donald Trump touting what “a terrific guy” Epstein was to 2004 New York Magazine, adding how he loves “the young ones,” wink, wink. The fact is, America’s uniparty is infested with hundreds of compromised famous pedophiles and gatekeeping enablers still walking free, despite the tons of cameras capturing the crimes as evidence. Outside of King, Epstein and Maxwell, zero arrests and prosecutions of any prominent guilty pedo-criminals including British, Belgian, and Dutch royalty, prime ministers and presidents, as well as billionaire criminals like Bill Gates, hundreds, perhaps thousands of these blackmailed VIP politicians, judges, police chiefs, generals, CEOs, bankers and entertainers, all guilty of horrific child sex abuse crimes have yet to face their unholiest of unholy karma. Multiple chapters in Pedophilia & Empire Book 4 unravel the US pedo-scourge and other scandals throughout the world in the other books. The New World Order, secret societies and the global pedophilia network generating enormous black ops revenue involving colossal amounts of money laundering by all Rothschild private central banks, are explicitly intertwined and fully documented in the five volume series with access to all 50 plus chapters here. Because so much accelerated shocking truth is coming out weekly, with a one in 6 billion chance of so many disastrous chemical spill derailments all at once, manmade earthquakes punishing nations aligned with Russia, all are only further incriminating the bloodline controllers and their puppet minions at the highest echelons of Western power. The reason why the Ukraine war is so huge right now, carrying so much at stake, is because the entire New World Order’s one world government scheme is riding on the bloodline controllers’ defeat by Russia in Ukraine as their longtime “devil’s playground” hub gets further exposed to the global public. With all these bloodline criminals vis-à-vis the Rothschild dynasty atop this predatory food chain, busily bribing, blackmailing, and silencing facts and truthtellers through any and all means necessary, it’s to ensure that their psychopathic club of elites remains unreachable and immune from all prosecution and long overdue justice. They know more than enough criminal evidence is out there in the public domain to convict these genocidal killers for their unending crimes and they know that We the People are closing in on them. And because of this, the monstrous beasts are willing to unleash nuclear Armageddon. We are living through epic times, and though millions have already perished and perhaps billions more will follow, in this war between good and evil, we have them on the run, rushing like cockroaches for the cover of darkness. But armed and united by the truth, justice will be done. As a consequence of the covert subversive overthrow of the United States government taking place in recent years, both the complete absence of rule of law and rampant treasonous failure to uphold the US Constitution, currently has Americans and people around the world waking up in righteous anger by the thousands every single day. Our founding fathers like Thomas Jefferson bestowed fundamental rights of liberty and freedom to every citizen, granting us clear-cut legal justification and guidelines to, in his words, “abolish” the illegitimate treasonous regime occupying Washington today. Taking into account the US government’s repeated terrorist acts constituting democide against its own American citizenry as well as having committed acts of war against US closest allies like Germany via the Nord Stream sabotage, the Biden regime’s intent to destroy both America and West must be opposed immediately. A growing majority of Americans disapprove of Biden’s job performance as imposter president, more so than any previous president in US modern history during the entire 78 years of presidential poll ratings. After the US Supreme Court declined the Brunson case out of Utah last month for a second time this year, the longshot effort to hold the vast majority of Congress accountable for illegally ratifying a fraudulent, rigged 2020 election has been thwarted. All three branches of government – the executive, legislative and judiciary, have systemically failed Americans by repeatedly violating the US Constitution in clear breech of their sworn oaths to uphold and defend. All three branches have committed treason for destroying our nation through reckless, willful crimes endangering both the American as well as global population, targeted for extermination by the elites. Nuremberg 2.0 needs to immediately be invoked for mass tribunal trials of multitudes of genocidal traitors determined to impose their diabolical, exposed depopulation agenda on humanity. The assassination of John F. Kennedy, the president that vowed to “splinter the CIA into a thousand pieces,” reduce the power of the Federal Reserve and avert a decade long costly war in Vietnam, set the stage for the Deep State to fester and thrive ever since November 22, 1963. Every US president ever since has been a mere puppet for bloodline controllers to rape the earth and humanity in the name of the military industrial security Big Pharma complex. In this century the Khazarian mafia infested and controlled international criminal cabal manufactured their “new Pearl Harbor” 9/11, an Israeli-neocon grand Satanic blood sacrifice after the prewritten Patriot Act straight out of the dialectical “problem, reaction, solution” con-game playbook intended to strip away all Americans’ constitutional rights, a lose-lose our less freedom for less security and win-win for the Satanists, thinly disguised as collateral damage behind their fabricated war on terror against Muslim terrorists they create, train and finance as fake proxy war US enemies, supplementing their ongoing “war on drugs” to destroy African American families for the prison security complex, then when convenient again switch the revolving “enemy” back to the Russians and Chinese in Cold War #2 to drive humanity off the Armageddon cliff with today’s nuclear World War III countdown. And now along with the threat of a mushroom cloud, their enemy target today expands to a genocidal war against the entire human species with their fake pandemic/killer jab’s malevolent agenda to destroy national sovereignty via the United Nations’ World Health Organization, subversively imposing more fake or deadly health emergencies possessing an unlimited bioweapon arsenal bringing more draconian lockdowns, more killer mandates, along with their 15-minute smart cities control grid prison enslavement, planetwide mass surveillance, Chinese modeled social credit scores freezing dissidents’ bank accounts requiring digital ID approval and cashless World Bank Digital Currency, all part of their “Great Reset.” The globalists’ wet dream is our never-ending nightmare of absolute myopic control over the culled down, beaten down, traumatized, lobotomized population of jabbed, DNA altered, group hived, AI mind-controlled cyborg survivors. This is our bleak Lucifer controlled future if we remain weak, passive, defeated and ignorant. Activism is growing in a planetwide movement protesting against the Ukraine debacle along with the price inflation, smart cities and World Economic Forum’s enslavement. Legal challenges against the technocratic tyranny, the genocide, the wokist insanity. Our enemy is on notice and no doubt will be unleashing more false flags and WMDs at us, but the momentum of growing resistance and opposition is mobilizing for the long war. Joachim Hagopian is a West Point graduate, former Army officer and author of “Don’t Let the Bastards Getcha Down,” exposing a faulty US military leadership system based on ticket punching up the seniority ladder, invariably weeding out the best and brightest, leaving mediocrity and order followers rising to the top as politician-bureaucrat generals designated to lose every modern US war by elite design. After the military, Joachim earned a master’s degree in Clinical Psychology and worked as a licensed therapist in the mental health field with abused youth and adolescents for more than a quarter century. In Los Angeles he found himself battling the largest county child protective services in the nation within America’s thoroughly broken and corrupt child welfare system. The experience in both the military and child welfare system prepared him well as a researcher and independent journalist, exposing the evils of Big Pharma and how the Rockefeller controlled medical and psychiatric system inflict more harm than good, case in point the current diabolical pandemic hoax and genocide. As an independent journalist for the last decade, Joachim has written hundreds of articles for many news sites, like Global Research, lewrockwell.com and currently https://jameshfetzer.org. As a published bestselling author on Amazon of a 5-book volume series entitled Pedophilia & Empire: Satan, Sodomy & the Deep State, his A-Z sourcebook series exposes the global pedophilia scourge is available free at https://pedoempire.org/contents/. Joachim also hosts the Revolution Radio weekly broadcast “Cabal Empire Exposed,” every Friday morning at 6AM EST (ID: revradio, password: rocks!). ATTENTION READERS We See The World From All Sides and Want YOU To Be Fully Informed In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion. About VT - Policies & Disclosures - Comment Policy Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT. https://www.vtforeignpolicy.com/2024/02/the-rothschild-deep-state-cabal-is-imploding/
    WWW.VTFOREIGNPOLICY.COM
    The Rothschild Deep State Cabal Is Imploding
    That same momentous year that kicked off the American Revolution, 1776 was also the year that ex-Jesuit Adam Weishaupt in Bavaria founded his Illuminati Order, sponsored by Mayer Amschel Rothschild as House of Rothschild patriarch in nearby Frankfurt, Germany.
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  • ‘Too big to fail’ was bad enough for the banks. Now we have ‘too many to fail.’
    Last Updated: Feb. 13, 2024 at 1:20 p.m. ET

    People line up outside of the shuttered Silicon Valley Bank headquarters on March 10, 2023, in Santa Clara, Calif.
    Getty Images
    Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a teacup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the U.S. Federal Reserve and Treasury worry or comfort us?

    Recall that three mid-size U.S. banks suddenly failed around March 2023. The most prominent was Silicon Valley Bank, which became the second-largest bank failure in U.S. history, after Washington Mutual in 2008. Roughly 90% of the deposits at SVB were uninsured, and uninsured deposits are prone to runs. Making matters worse, SVB had invested significant sums in long-term bonds, the market value of which fell as interest rates rose. When SVB sold some of these holdings to raise funds, the unrealized losses embedded in its bond portfolio started coming to light. A failed equity offering then triggered a classic bank run.

    It is convenient to think that these issues were confined to just a few rogue banks. But the problem was systemic.

    When the Fed engages in quantitative easing (QE), it buys bonds from financial institutions. Typically, those sellers then deposit the money in their bank, and this results in a large increase in uninsured deposits in the banking system. On the banks’ asset side, there is a corresponding increase in central-bank reserves. This is stable, since reserves are the most liquid asset on the planet and can be used to satisfy any impatient depositors who come for their money. Unfortunately, a number of smaller banks (with less than $50 billion in assets) moved away from this stable position as QE continued.

    Historically, smaller U.S. banks financed themselves conservatively, with uninsured demandable deposits accounting for only around 10% of their liabilities. Yet by the time the Fed was done with its pandemic-era QE, these banks’ uninsured demandable deposits exceeded 30% of liabilities. Though that level was still far below SVB’s, these institutions clearly had drunk from the same firehose.

    Smaller banks were also more conservative about liquidity in the past. At the outset of QE in late 2008, banks with less than $50 billion in assets had reserves (and other assets that could be used to borrow reserves) that exceeded the uninsured demandable deposits they had issued. By early 2023, however, they had issued runnable claims (in aggregate) that were one and a half times the size of their liquid assets. Instead of holding liquid reserves, their assets were now more weighted toward long-term securities and term lending, including a significant share of commercial real-estate (CRE) loans.

    Advertisement
    Thus, as the Fed raised interest rates, the economic value of these banks’ assets fell sharply. Some of the fall was hidden by accounting sleight of hand, but SVB’s sudden demise caused investors to scrutinize banks’ balance sheets more carefully. What they saw did not instill confidence. The KBW Nasdaq Bank Index duly fell by over 25%, and deposits started flowing out of a large number of banks, many of which lacked the liquidity to accommodate the sudden outflows. The risk of contagious runs across smaller banks was real, as was the possibly of the problem spreading more widely.

    The Treasury essentially took bank runs off the table, while the Fed provided banks the funds to accommodate the continuing — though no longer panicked — depositor outflows.

    Importantly, as private money flowed to large banks, very little flowed to small- and medium-size institutions. That is why the authorities had to come to the rescue. Soon after SVB’s demise, the Treasury signaled that no uninsured depositor in small banks would suffer losses in any further bank collapses.

    The Fed opened a generous new facility that lent money for up to one year to banks against the par, or face value, of the securities they held on their balance sheets, without adjusting for the erosion in the value of these securities from higher interest rates. And the Federal Home Loan Banks (FHLBanks) — effectively an arm of the U.S. government — increased its lending to stressed banks, with total advances to the banking system having already tripled between March 2022 and March 2023 amid the Fed’s policy tightening. Borrowing by small- and medium-size banks from these official sources skyrocketed.

    The Treasury essentially took bank runs off the table, while the Fed provided banks the funds to accommodate the continuing — though no longer panicked — depositor outflows. A potential banking crisis was converted into a slow-burning problem for banks as they recognized and absorbed the losses on their balance sheets.

    Just recently, New York Community Bancorp NYCB, -5.17%, which bought parts of one of the banks that failed in 2023, reminded us that this process is still underway when it announced large losses. With the Russell microcap index of small companies significantly underperforming the S&P 100 index OEX of the largest companies since March 2023, it appears that smaller banks’ troubles have weighed on their traditional clients: small- and medium-size companies.

    Where does that leave us? Although the situation could have been much worse if the Treasury and the Fed had not stepped in, the seeming ease with which the panic was arrested allowed public attention to move on. Apart from die-hard libertarians, no one seems to care much about the extent of the intervention that was needed to rescue the smaller banks, nor has there been any broad inquiry into the circumstances that led to the vulnerabilities.

    As a result, several questions remain unanswered. To what extent were the seeds of the 2023 banking stress sown by the pandemic-induced monetary stimulus and lax supervision of what banks did with the money? Did advances by the FHLBanks delay failed banks’ efforts to raise capital? Are banks that relied on official backstops after SVB’s failure keeping afloat distressed CRE borrowers, and therefore merely postponing an eventual reckoning?

    It is not good for capitalism when those who knowingly take risks — bankers and uninsured depositors, in this case — pay no price when a risk materializes. Despite sweeping banking reforms over the past 15 years, the authorities have once again shown that they are willing to bail out market players if enough of them have taken the same risk.

    “Too big to fail” was bad enough, but now we have “too many to fail.” The mini-crisis of March 2023 was much more than a footnote in banking history. We cannot afford to bury it.

    Raghuram G. Rajan, a former governor of the Reserve Bank of India, is professor of finance at the University of Chicago Booth School of Business and the author, most recently, of Monetary Policy and Its Unintended Consequences (The MIT Press, 2023). Viral V. Acharya, a former deputy governor of the Reserve Bank of India, is professor of economics at New York University’s Stern School of Business.

    This commentary was published with the permission of Project Syndicate — The Danger of Forgetting the 2023 Banking Crisis.

    More: Regional-bank bondholders seem unworried by New York Community Bank’s problems

    Also read: Recession in 2024? A quarter of economists think it will happen.


    PAR-TY… . https://www.marketwatch.com/story/too-big-to-fail-was-bad-enough-for-the-banks-now-we-have-too-many-to-fail-d89dcdda
    ‘Too big to fail’ was bad enough for the banks. Now we have ‘too many to fail.’ Last Updated: Feb. 13, 2024 at 1:20 p.m. ET People line up outside of the shuttered Silicon Valley Bank headquarters on March 10, 2023, in Santa Clara, Calif. Getty Images Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a teacup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the U.S. Federal Reserve and Treasury worry or comfort us? Recall that three mid-size U.S. banks suddenly failed around March 2023. The most prominent was Silicon Valley Bank, which became the second-largest bank failure in U.S. history, after Washington Mutual in 2008. Roughly 90% of the deposits at SVB were uninsured, and uninsured deposits are prone to runs. Making matters worse, SVB had invested significant sums in long-term bonds, the market value of which fell as interest rates rose. When SVB sold some of these holdings to raise funds, the unrealized losses embedded in its bond portfolio started coming to light. A failed equity offering then triggered a classic bank run. It is convenient to think that these issues were confined to just a few rogue banks. But the problem was systemic. When the Fed engages in quantitative easing (QE), it buys bonds from financial institutions. Typically, those sellers then deposit the money in their bank, and this results in a large increase in uninsured deposits in the banking system. On the banks’ asset side, there is a corresponding increase in central-bank reserves. This is stable, since reserves are the most liquid asset on the planet and can be used to satisfy any impatient depositors who come for their money. Unfortunately, a number of smaller banks (with less than $50 billion in assets) moved away from this stable position as QE continued. Historically, smaller U.S. banks financed themselves conservatively, with uninsured demandable deposits accounting for only around 10% of their liabilities. Yet by the time the Fed was done with its pandemic-era QE, these banks’ uninsured demandable deposits exceeded 30% of liabilities. Though that level was still far below SVB’s, these institutions clearly had drunk from the same firehose. Smaller banks were also more conservative about liquidity in the past. At the outset of QE in late 2008, banks with less than $50 billion in assets had reserves (and other assets that could be used to borrow reserves) that exceeded the uninsured demandable deposits they had issued. By early 2023, however, they had issued runnable claims (in aggregate) that were one and a half times the size of their liquid assets. Instead of holding liquid reserves, their assets were now more weighted toward long-term securities and term lending, including a significant share of commercial real-estate (CRE) loans. Advertisement Thus, as the Fed raised interest rates, the economic value of these banks’ assets fell sharply. Some of the fall was hidden by accounting sleight of hand, but SVB’s sudden demise caused investors to scrutinize banks’ balance sheets more carefully. What they saw did not instill confidence. The KBW Nasdaq Bank Index duly fell by over 25%, and deposits started flowing out of a large number of banks, many of which lacked the liquidity to accommodate the sudden outflows. The risk of contagious runs across smaller banks was real, as was the possibly of the problem spreading more widely. The Treasury essentially took bank runs off the table, while the Fed provided banks the funds to accommodate the continuing — though no longer panicked — depositor outflows. Importantly, as private money flowed to large banks, very little flowed to small- and medium-size institutions. That is why the authorities had to come to the rescue. Soon after SVB’s demise, the Treasury signaled that no uninsured depositor in small banks would suffer losses in any further bank collapses. The Fed opened a generous new facility that lent money for up to one year to banks against the par, or face value, of the securities they held on their balance sheets, without adjusting for the erosion in the value of these securities from higher interest rates. And the Federal Home Loan Banks (FHLBanks) — effectively an arm of the U.S. government — increased its lending to stressed banks, with total advances to the banking system having already tripled between March 2022 and March 2023 amid the Fed’s policy tightening. Borrowing by small- and medium-size banks from these official sources skyrocketed. The Treasury essentially took bank runs off the table, while the Fed provided banks the funds to accommodate the continuing — though no longer panicked — depositor outflows. A potential banking crisis was converted into a slow-burning problem for banks as they recognized and absorbed the losses on their balance sheets. Just recently, New York Community Bancorp NYCB, -5.17%, which bought parts of one of the banks that failed in 2023, reminded us that this process is still underway when it announced large losses. With the Russell microcap index of small companies significantly underperforming the S&P 100 index OEX of the largest companies since March 2023, it appears that smaller banks’ troubles have weighed on their traditional clients: small- and medium-size companies. Where does that leave us? Although the situation could have been much worse if the Treasury and the Fed had not stepped in, the seeming ease with which the panic was arrested allowed public attention to move on. Apart from die-hard libertarians, no one seems to care much about the extent of the intervention that was needed to rescue the smaller banks, nor has there been any broad inquiry into the circumstances that led to the vulnerabilities. As a result, several questions remain unanswered. To what extent were the seeds of the 2023 banking stress sown by the pandemic-induced monetary stimulus and lax supervision of what banks did with the money? Did advances by the FHLBanks delay failed banks’ efforts to raise capital? Are banks that relied on official backstops after SVB’s failure keeping afloat distressed CRE borrowers, and therefore merely postponing an eventual reckoning? It is not good for capitalism when those who knowingly take risks — bankers and uninsured depositors, in this case — pay no price when a risk materializes. Despite sweeping banking reforms over the past 15 years, the authorities have once again shown that they are willing to bail out market players if enough of them have taken the same risk. “Too big to fail” was bad enough, but now we have “too many to fail.” The mini-crisis of March 2023 was much more than a footnote in banking history. We cannot afford to bury it. Raghuram G. Rajan, a former governor of the Reserve Bank of India, is professor of finance at the University of Chicago Booth School of Business and the author, most recently, of Monetary Policy and Its Unintended Consequences (The MIT Press, 2023). Viral V. Acharya, a former deputy governor of the Reserve Bank of India, is professor of economics at New York University’s Stern School of Business. This commentary was published with the permission of Project Syndicate — The Danger of Forgetting the 2023 Banking Crisis. More: Regional-bank bondholders seem unworried by New York Community Bank’s problems Also read: Recession in 2024? A quarter of economists think it will happen. 😎🇺🇸🦅 PAR-TY… 🎉. https://www.marketwatch.com/story/too-big-to-fail-was-bad-enough-for-the-banks-now-we-have-too-many-to-fail-d89dcdda
    WWW.MARKETWATCH.COM
    ‘Too big to fail’ was bad enough for the banks. Now we have ‘too many to fail.’
    The failures may have been confined to just a few rogue banks, but the problem is systemic.
    Angry
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  • Look what they did to Reiner Fuellmich! He’s a political prisoner in Nazi Germany!

    Update: Reiner Füellmich Speaks Out. His Personal Statement & Press Release From The Defence.


    Update: Reiner Füellmich Speaks Out. His Personal Statement & Press Release From The Defence.
    Patricia HarrityDecember 27, 2023

    Dr Reiner Füellmich has been imprisoned for almost 11 weeks now. He has written his own personal account, part one of which was read aloud on Bittel TV and translated. He had said “It isn’t over.” The corona pandemic was only the test run to find out what people will go along with when we put them into panic through psycho-terror. We must look behind the panic propaganda, so we can see the truth.” He added “Without justice there is no peace and no returning to a humane world. That also holds for my case.” The English translation of part one can be found here.

    The official translation for parts 2 and 3 from the Reiner Füellmich team were received by Elsa Scheider from the Truth Summit last week and have been republished below for our readers who have shown a concern and interest in Reiner’s situation Source . This is followed by the press release from the defense team published on 23rd December.

    “The Truth” – Personal Statement by Dr. Reiner Füellmich’

    Part 2: The beginning of the Corona Committee

    Dear friends, activists, and fellow human beings interested in the truth.

    This is the 2nd part of my “Personal Statement” to make the events of the last weeks, months and years transparent for all of you.

    How did it come about that serious allegations of embezzlement were made against me publicly and in a criminal complaint by four former comrades-in-arms in the Corona Committee? Who were the people I trusted when I worked with the Corona Committee? How did it come about that I am now sitting in a high-security prison in Germany – and completely innocent?

    Above all, I have to reproach myself, because my professional gut feeling clearly betrayed me (or I didn’t listen closely enough), and I simply didn’t attend enough to details in the daily TO-DOs, otherwise I would have noticed the planned coup much earlier.

    But first things first:

    My wife Inka and I lived with our dogs on our ranch in Northern California until the beginning of June 2020 and I did my legal work mainly from there. When the plandemic started in 2020, we were both immediately convinced – that something was amiss here. I quickly packed my bags, because I wanted to help shed light on the plandemic in Germany. After all, I had 30 years of experience as a litigator and spent many years studying medical and pharmaceutical law at the University of Göttingen. In addition, I had many contacts from my work in medical law.

    Dr. WW, whom I trusted at the time, put me in touch with Ms. VF. At the first face-to-face meeting in Berlin, I was bothered by some of her behavior, but I decided to take off my critical glasses, ignore my gut feeling and trust a friend.

    We agreed to establish the Corona Committee because it was clear in June 2020 that the German Bundestag, which was actually responsible for this, would not start its own investigation, for reasons that were not yet apparent to me at the time. The Corona Committee was to clarify these key questions immediately:

    1. How dangerous is the supposedly novel corona virus really?
    2. How reliable and suitable is the PCR test for detecting corona infections?
    3. How harmful are the Corona measures, i.e. the lockdowns, the mask requirement, social distancing and the threat of so-called vaccinations?
    Scientists, doctors, economists, lawyers, politicians, etc. should help support us in clarifying the questions. Two German scientists, a professor of finance and an expert in immunology and vaccinations were already part of our circle. Unfortunately, they did not agree with the contracts of VF drawn up by her notary and therefore they left us.

    I recall that one of them also distrusted VF from the start.

    We needed replacements quickly. Two years earlier, while working for the anti-corruption NGO Transparency International, I had met law professor Martin Schwab and had been friends with him ever since. He, in turn, had introduced me to two lawyers from Hamburg whom he had promoted. Trusting in Prof. Schwab’s expertise, I asked the two of them if they wanted to move up as a replacement for the scientists in the Corona Committee. Today I know that this was the beginning of the end. Both quickly showed that money meant more to them than clarification and enlightenment.

    The Corona Committee quickly met with completely unexpected success. Since we conducted the expert surveys in German and English via video-stream, our Friday broadcasts quickly became popular worldwide. Many people had been convinced that we would later use the findings from these interviews as evidence in international damages proceedings such as in class action. We were in the right place at the right time with our work. I was and still am convinced of that.

    Internally, unfortunately, things looked different. I quickly noticed that VF and the others showed little interest in our work in contrast to myself, who concentrated almost completely on this work. In addition to the interviews in the committee, I gave five international interviews at that time, and thereby, endeavored to provide information about our work worldwide and not just in Germany.

    After I had learned from critical experts that a PCR test could under no circumstances detect an infection, and it had been deliberately abused here, I published a 50-minute video in German and English in September 2020. There I explained that the Corona measures, which had already led to more and more victims and damage at that time, could be qualified as crimes against humanity, and that it would be best to clarify them legally with the means of Anglo-American law. To my surprise, the video was viewed millions of times before it was suddenly deleted by YouTube/Google.

    On the basis of this video, the American colleague Robert F. Kennedy jr., whom I first met in Berlin in August 2020, founded the “PCR Test working group” on his platform CHD, with the help of its president Mary Holland. I also belong to this group. Since October 2020, respected scientists, doctors, lawyers, etc. have been meeting there every week to discuss all aspects related to the plandemic.

    At the same time, I regularly summarized our long interviews at the Corona Committee on Sundays on Roger Bittel’s platform “Bittel.TV”. The enormous popularity of the Corona Committee led to a large number of inquiries as early as August 2020. In particular, small and medium-sized enterprises wanted to know how they could get compensation for the damage suffered as a result of the lockdowns. And fellow lawyers from all over the world wanted to be connected with the experts. At that time, many lawyers still believed that a judicial hearing of evidence with our PCR test experts would quickly bring down the entire panic, based on deception and manipulation.

    This led to the collection of funds (700 € per person) for a possible class action. The funds are all there, but have been fraudulently diverted to another account. I will report on this in detail elsewhere.

    Due to my almost 30 years of litigation experience, I was rather sceptical that a solid legal approach would quickly succeed in Germany and also in the rest of the world. Therefore, I advised to conduct damages litigation in an Anglo-American country, where there is the possibility of class actions and a real right of evidence and punitive damages for intentional damages. My international colleagues are working flat out on this. The issue of class action lawsuits is as present as ever and we are convinced that it will ultimately bring success.


    Part 3 – The end of the Corona Committee – Unfortunate circumstances or a long-planned coup?

    Dear friends, activists and fellow human beings interested in the truth,

    in the 3rd part of my personal statement, it will quickly become apparent to you that I was more and more a lone fighter in matters of the Corona Committee and that my co-partners pulled a common string to get rid of me and also to ruin me privately. I share responsibility here. As a human being, but even more so as a lawyer, I should have seen the events coming and prevented them.

    Back to my account. So, while I was on my way, also with international lawyers, for the CA and putting all my energy into it, strangely enough, the other members didn’t seem to be so aware of the importance of the Corona Committee‘s work. None of them attended the strategy meetings. None of them made any effort to publicize the work of the Committee, especially beyond the borders of Germany. From the end of 2020 onwards, JH and AF in particular were only interested in how they could earn as much money as possible with Corona mandates with their newly founded office community.

    When, at the end of 2021 / beginning of 2022, together with the group of international lawyers, I conducted the Model Grand Jury investigations with the help of our experts to show that, and how, a legal clarification of the plandemic could work, these lawyers no longer played a role at all. However, the Model Grand Jury Investigation became a success that attracted worldwide attention.

    The work of the Corona Committee was now so popular that by the end of 2020 we had already received a lot of donations. However, we only needed part of this to pay for our technology, IT, translators and expenses for my office, etc. There was a large amount of money in our donation account. This money was not safe from our point of view. A blocking or seizure of the accounts would have rendered us immediately incapacitated. Therefore, VF and I decided to leave only the amounts directly required for the work of the Corona Committee in the donation account and to keep the funds that were not needed at first safe from possible access.

    The State Office for Criminal Investigation in Lower Saxony, as I know today, had asked the public prosecutor’s office to investigate VF, RF, AF and JH and a colleague who had temporarily managed the donation account because of suspicious money laundering reports from the banks, which had repeatedly terminated our donation account. These investigations were later discontinued.

    To make sure that we would not be vulnerable because of the securing of the money, we concluded loan agreements, which were also openly shown in the annual financial statements. Of course, there would have been no point in transferring the loans from one disclosed account to another open account. So we decided to invest them in my German property (as an equivalent value) and in gold as a safe store of value. The house had a value of €1,345,000. We wanted to sell it anyway and look for a new place to live in Germany. Therefore, the money I took out on a loan basis was safe, as I believed at the time. But things turned out differently. I will report on that.

    In addition, I invested 1.1 million EUR in donations in gold. This was also openly disclosed in the annual financial statements. VF also entered into a contract with Corona Committee to obtain a loan. This withdrawal also served to secure our money. The loan went over € 100,000 which is also reported in the annual financial statements.

    In July / August 2021, JH and AF suddenly contacted us again to get information about the donations. I suspected that their legal efforts had been unsuccessful. In the meantime, I had learned that they had no structure in their office and, in particular, had not even been able to hire at least one secretary. I hadn’t checked this at the beginning of our collaboration, a mistake on my part in hindsight.

    Since JH and AF had effectively left the work of the Corona Committee and also because they had recently been working closely with a person who, as I know today, infiltrated the political party “dieBasis” together with a Freemason, we initially refused to provide this information.

    But in order not to waste energy on avoidable arguments, we finally handed in an overview of income and expenditures. It quickly became clear that they wanted to “hijack” the Corona Committee and at least eliminate me from it. When the attempt failed, JH proposed in a written settlement that he and AF would leave the company if we pay them half of the donations to an account of their mentor, Prof. Dr. Martin Schwab. Of course, VF and I rejected this and asked JH and AF not to show up in the committee anymore.

    We didn’t hear from them for about a year. At the end of 2021, with my consent and with the help of their notary, VF created a new company for the operation of the Corona Committee. VF and I held a 50 percent stake in this company. This new Corona Committee has its own account, so it no longer has to rely on lawyers’ escrow accounts. All the rights of the old company were also transferred to this new company. I agreed to the contracts submitted to me by VF.

    At the beginning of 2022, working with VF had become increasingly difficult. That’s why I accepted the offer to participate in the Crimes Against Humanity Tour in the US. This meant that I would spend almost three and a half months traveling through nine U.S. cities and giving lectures with two well-known U.S. scientists, Dr. Judy Mikovits and the economist and expert on technology and transhumanism, Patrick Wood. However, from there I continued all the activities related to the Corona Committee: I continued the interviews via Zoom, gave an average of five interviews per week, participated in the conferences of the PCR Test Working Group and summarised the meetings of the Committee every weekend on Bittel.TV. In addition, I worked with international colleagues to initiate legal proceedings with the aim of large-scale damages lawsuits. At the time, I was on the verge of burnout…

    After my return from the U.S., I realized that VF’s chaotic incompetence and indifference to our guests, which I had grudgingly accepted until then, had increased even more. That’s why I confronted her in July 2022. I informed her that I would be going back to our ranch in California with my wife and dogs, also to be closer to the relevant legal action, but that I would continue the committee work as usual. Also, I desperately wanted more input from her!

    Immediately afterwards, as I know today, VF got in touch with JH and AF again, as well as their law firm colleague MT. In August 2022, there was a meeting and a discussion. Following this meeting, the joint public defamation campaign against me started on 9-2-.2022 and criminal charges were filed against me on the same day. I didn’t know anything about that at the time. Due to the coincidence of the date of the “dismissal” and the criminal complaint, it is clear to me today that “the other side” was never interested in resolving the disputes.

    A week before 9-2-.2022, VF had informed me that there would be no Corona committee broadcast on that day because our TV manager’s wife was going to have her second child. A lie, as I later realized. But I believed that lie and did not appear, VF and WW had – as VF puts it – “a clear shot“ at me. VF appeared in front of the Corona Committee’s camera dramatically dressed in black. She declared, without informing me as her partner, that I was no longer allowed to appear at the Corona Committee. So she decided unilaterally and completely arbitrarily that I was no longer allowed to be present in the Corona Committee that I had shaped until then, in whose company I owned 50 percent then as now!

    In order to justify her illegal and unlawful actions, she and WW, also in front of the camera, stated that I was to be accused of financial irregularities and that I was otherwise “a loudmouth”. WW was particularly fond of this label.

    I didn’t want to unnecessarily burden the Corona Committee and its worldwide reputation with internal problems. A vain hope.

    A short time later, VF, WW, JH, AF and VF’s partner at the time appeared in front of the camera for an hour-long Reiner Fuellmich tribunal. This campaign eventually culminated in several increasingly insane videos from VF claiming that “the children of the committee staff must be starving“ because of me. Apparently completely unhinged, she finally called for a “hunt for me” and crowned this call with a “Halali”, a German hunting call that signals the end of a hunt. Not only I, but also the viewers were shocked, as could be seen from the comments in the chat.

    The content of the 30-page criminal complaint, which JH also filed on behalf of AF and MT, reads even crazier. JH, AF and MT knew in 2020 that € 700,000 had been secured by me by loan agreement and secured with my property. They also knew that the sale of my house has been planned for a long time and was imminent. Our property was sold on 03/10/2022 for € 1,345,000.00 in our absence through a notary. As mentioned, we have never seen any of this money to this day! How this coup took place, I will explain in the next part.

    And it gets even worse: After receiving the criminal complaint, I should have been heard, in accordance with the principle audiatur et altera pars. But I was denied this. Today I know the reasons: JH claimed to the prosecution that I was threatening him “with a Winchester”. And because that didn’t seem dangerous enough, he went on to claim that I, as a member of the party “dieBasis”, would radicalize other members and call for violence against him. In addition, I was an anti-Semite and he would feel threatened because of his ethnic origin.

    Because of these completely fictitious threat scenarios, my wife and I were denied the right to a fair clarification of the situation by the authorities for more than a year. Apparently, the public prosecutor’s office felt pressured by these threat scenarios. JH even told the authorities that the other two plaintiffs would withdraw the criminal complaint if the prosecution granted me a fair hearing. Literally, he writes: “… if Fuellmich or any of the other defendants were given the opportunity to comment before criminal proceedings were initiated, the witnesses (i.e. VF, JH, AF and MT) would refrain from filing the criminal complaint for fear of threats, violence and defamation.”

    Subsequently, my wife’s private account was seized. When our lawyers asked for my wife to be heard, they were told that they would not receive any information because she was also under investigation. A European arrest warrant was then issued for me on 3-15-2023, of course without me being granted the right to be heard.

    In the meantime, my wife and I had left for a trip to Peru regarding the class action lawsuit. On the way back we wanted to visit friends in Mexico and fly back to Germany from there. There, we received information from our hometown that the authorities were allegedly looking for me. Unfortunately, the colleagues from my law firm did not receive any information from the authorities about the situation. So we couldn’t really assess the new scenario back home, so we stayed in Mexico for the time being.

    As a counterpart to the Corona Committee, I now had my own label “ICIC”, with which, as before in the Committee, I interviewed international experts on global crimes against humanity. A small working group from the former Corona Committee had followed me and so we were able to quickly get back to work.

    Nevertheless, in October 2023, everything plunged into complete chaos again. It ended with the execution of the above-mentioned European arrest warrant against me in Frankfurt, after I had previously been deported from a non-European country (Mexico) under police protection. – A thriller that, as I know today, was anything but a coincidence. I’ll tell you about that in the next episode.

    As a result, I’ve been sitting in prison for weeks now. The real perpetrators are still free. They also possess the class action lawsuit money and the money from my private home. I can prove that. All documents are safely stored with my legal team. How the “agitators” brought all this to a “successful” conclusion for them, I will report on in the next episode. Source

    Reiner Füellmich: Press Release From The Defence.


    Originally published by Elsa at Truth Summit on 23rd December 2023.

    One could say that the truth is boring – meaning, Reiner said basically the same thing a few days after VF spoke against him as he is saying now, and as is stated in the press release from the defense. There are a couple of further details. They add a tiny bit, but nothing is changed.

    So here is the press release.

    On November 17, 2023 the Göttingen public prosecutor’s office brought charges against Dr. Reiner Füellmich on the basis of a criminal complaint filed by former shareholders without the defense having prior access to all volumes of the investigation file or the opportunity to comment. An interrogation of the accused pursuant to Section 163a of the German Code of Criminal Procedure (StPO) was also not conducted before the indictment was filed. Likewise, the witnesses named predominantly in the indictment were not questioned.

    On the one hand, the sum of €700,000 is at issue, which is already the subject of the arrest warrant. However, the basis for the payment of the €700,000 were two loan agreements also signed by Viviane Fischer (one dated November 6, 2020 for €200,000 and one dated May 14, 2021 for €500,000).

    The public prosecutor’s office incorrectly assumed at the time of the indictment that both loan agreements involved inadmissible self-dealing. However, according to the complete founding minutes of July 9, 2020 all four shareholders were appointed as managing directors with sole power of representation, so that Viviane Fischer was able to effectively represent the Corona-Committee-Entrepreneurial-company-in-formation alone in both loan agreements.

    At the time, rumors were circulating about the seizure of accounts at MWGFD; in fact, accounts were seized from the prominent member Prof. Dr. Hockertz, as well as subsequently from other doctors who were prosecuted under criminal law on the subject of the corona measures, and finally, as the most prominent example, from Michael Ballweg, who was also remanded in custody for 9 months.

    The donations should therefore be invested in sustainable stores of value, such as gold or real estate. The Corona Committee bought around 1 million worth of gold, which is still stored securely at Degussa. Reiner Füellmich’s property was intended as the equivalent value for the loan amount of € 700,000.

    At the time of the sale on October 3, 2022, the property was unencumbered and the € 700,000 was to be repaid to the Corona Committee from the purchase price of € 1,345,000. However, this was prevented until today by the entry of a land charge on November 18, 2022, i.e. one and a half months later – in our opinion unlawful – and the payment of an amount of € 1,158,250 in favor of the complainant Marcel Templin. This matter must be clarified, also by the public prosecutor’s office.

    It is irrelevant whether amounts were spent on redesigning the garden of the property, as this directly benefited the increase in value and thus the achievement of a higher purchase price.

    The indictment also alleges payments made by the Corona Committee to Reiner Füellmich’s law firm in the amount of €25,000 per month plus VAT in the period from January 1, 2021 to July 31, 2022. According to the indictment, these funds were used up for wage and salary payments and social security contributions for the employees of his law firm.

    The public prosecutor’s office fails to recognize that the employees of Füellmich’s law firm provided a service in return for these monthly payments to the Corona Committee. For two years, they were almost exclusively occupied with answering inquiries to the Corona Committee. Over 300,000 emails were answered, hundreds to thousands of telephone calls were made and thousands of letters were answered. Due to the sheer volume of emails, a new IT system also had to be purchased. This work, which was absolutely essential for the Committee’s continued existence, was not carried out at the Committee’s headquarters in Berlin.

    Communication with the supporters of the Corona Committee included initial legal advice for those seeking help, the acquisition of interview partners, the selection of scientists and other experts, who ultimately had their say at the weekly meetings.

    If this communication had not taken place, the Corona Committee could have ceased its work shortly after it was set up.

    The services provided by the employees of the Füellmich law firm were therefore part of the committee’s corporate purpose. The witnesses named by the public prosecutor in the indictment for this set of crimes were not heard before the indictment was filed, which is unusual.

    Source Truth Summit


    Elsa from the Truth Summit adds – PS. To donate for legal and other expenses, here is the link: https://www.givesendgo.com/GBBX2

    https://expose-news.com/2023/12/27/update-reiner-fuellmich-speaks-out-his-personal-statement-press-release-from-the-defence/
    Look what they did to Reiner Fuellmich! He’s a political prisoner in Nazi Germany! Update: Reiner Füellmich Speaks Out. His Personal Statement & Press Release From The Defence. Update: Reiner Füellmich Speaks Out. His Personal Statement & Press Release From The Defence. Patricia HarrityDecember 27, 2023 Dr Reiner Füellmich has been imprisoned for almost 11 weeks now. He has written his own personal account, part one of which was read aloud on Bittel TV and translated. He had said “It isn’t over.” The corona pandemic was only the test run to find out what people will go along with when we put them into panic through psycho-terror. We must look behind the panic propaganda, so we can see the truth.” He added “Without justice there is no peace and no returning to a humane world. That also holds for my case.” The English translation of part one can be found here. The official translation for parts 2 and 3 from the Reiner Füellmich team were received by Elsa Scheider from the Truth Summit last week and have been republished below for our readers who have shown a concern and interest in Reiner’s situation Source . This is followed by the press release from the defense team published on 23rd December. “The Truth” – Personal Statement by Dr. Reiner Füellmich’ Part 2: The beginning of the Corona Committee Dear friends, activists, and fellow human beings interested in the truth. This is the 2nd part of my “Personal Statement” to make the events of the last weeks, months and years transparent for all of you. How did it come about that serious allegations of embezzlement were made against me publicly and in a criminal complaint by four former comrades-in-arms in the Corona Committee? Who were the people I trusted when I worked with the Corona Committee? How did it come about that I am now sitting in a high-security prison in Germany – and completely innocent? Above all, I have to reproach myself, because my professional gut feeling clearly betrayed me (or I didn’t listen closely enough), and I simply didn’t attend enough to details in the daily TO-DOs, otherwise I would have noticed the planned coup much earlier. But first things first: My wife Inka and I lived with our dogs on our ranch in Northern California until the beginning of June 2020 and I did my legal work mainly from there. When the plandemic started in 2020, we were both immediately convinced – that something was amiss here. I quickly packed my bags, because I wanted to help shed light on the plandemic in Germany. After all, I had 30 years of experience as a litigator and spent many years studying medical and pharmaceutical law at the University of Göttingen. In addition, I had many contacts from my work in medical law. Dr. WW, whom I trusted at the time, put me in touch with Ms. VF. At the first face-to-face meeting in Berlin, I was bothered by some of her behavior, but I decided to take off my critical glasses, ignore my gut feeling and trust a friend. We agreed to establish the Corona Committee because it was clear in June 2020 that the German Bundestag, which was actually responsible for this, would not start its own investigation, for reasons that were not yet apparent to me at the time. The Corona Committee was to clarify these key questions immediately: 1. How dangerous is the supposedly novel corona virus really? 2. How reliable and suitable is the PCR test for detecting corona infections? 3. How harmful are the Corona measures, i.e. the lockdowns, the mask requirement, social distancing and the threat of so-called vaccinations? Scientists, doctors, economists, lawyers, politicians, etc. should help support us in clarifying the questions. Two German scientists, a professor of finance and an expert in immunology and vaccinations were already part of our circle. Unfortunately, they did not agree with the contracts of VF drawn up by her notary and therefore they left us. I recall that one of them also distrusted VF from the start. We needed replacements quickly. Two years earlier, while working for the anti-corruption NGO Transparency International, I had met law professor Martin Schwab and had been friends with him ever since. He, in turn, had introduced me to two lawyers from Hamburg whom he had promoted. Trusting in Prof. Schwab’s expertise, I asked the two of them if they wanted to move up as a replacement for the scientists in the Corona Committee. Today I know that this was the beginning of the end. Both quickly showed that money meant more to them than clarification and enlightenment. The Corona Committee quickly met with completely unexpected success. Since we conducted the expert surveys in German and English via video-stream, our Friday broadcasts quickly became popular worldwide. Many people had been convinced that we would later use the findings from these interviews as evidence in international damages proceedings such as in class action. We were in the right place at the right time with our work. I was and still am convinced of that. Internally, unfortunately, things looked different. I quickly noticed that VF and the others showed little interest in our work in contrast to myself, who concentrated almost completely on this work. In addition to the interviews in the committee, I gave five international interviews at that time, and thereby, endeavored to provide information about our work worldwide and not just in Germany. After I had learned from critical experts that a PCR test could under no circumstances detect an infection, and it had been deliberately abused here, I published a 50-minute video in German and English in September 2020. There I explained that the Corona measures, which had already led to more and more victims and damage at that time, could be qualified as crimes against humanity, and that it would be best to clarify them legally with the means of Anglo-American law. To my surprise, the video was viewed millions of times before it was suddenly deleted by YouTube/Google. On the basis of this video, the American colleague Robert F. Kennedy jr., whom I first met in Berlin in August 2020, founded the “PCR Test working group” on his platform CHD, with the help of its president Mary Holland. I also belong to this group. Since October 2020, respected scientists, doctors, lawyers, etc. have been meeting there every week to discuss all aspects related to the plandemic. At the same time, I regularly summarized our long interviews at the Corona Committee on Sundays on Roger Bittel’s platform “Bittel.TV”. The enormous popularity of the Corona Committee led to a large number of inquiries as early as August 2020. In particular, small and medium-sized enterprises wanted to know how they could get compensation for the damage suffered as a result of the lockdowns. And fellow lawyers from all over the world wanted to be connected with the experts. At that time, many lawyers still believed that a judicial hearing of evidence with our PCR test experts would quickly bring down the entire panic, based on deception and manipulation. This led to the collection of funds (700 € per person) for a possible class action. The funds are all there, but have been fraudulently diverted to another account. I will report on this in detail elsewhere. Due to my almost 30 years of litigation experience, I was rather sceptical that a solid legal approach would quickly succeed in Germany and also in the rest of the world. Therefore, I advised to conduct damages litigation in an Anglo-American country, where there is the possibility of class actions and a real right of evidence and punitive damages for intentional damages. My international colleagues are working flat out on this. The issue of class action lawsuits is as present as ever and we are convinced that it will ultimately bring success. Part 3 – The end of the Corona Committee – Unfortunate circumstances or a long-planned coup? Dear friends, activists and fellow human beings interested in the truth, in the 3rd part of my personal statement, it will quickly become apparent to you that I was more and more a lone fighter in matters of the Corona Committee and that my co-partners pulled a common string to get rid of me and also to ruin me privately. I share responsibility here. As a human being, but even more so as a lawyer, I should have seen the events coming and prevented them. Back to my account. So, while I was on my way, also with international lawyers, for the CA and putting all my energy into it, strangely enough, the other members didn’t seem to be so aware of the importance of the Corona Committee‘s work. None of them attended the strategy meetings. None of them made any effort to publicize the work of the Committee, especially beyond the borders of Germany. From the end of 2020 onwards, JH and AF in particular were only interested in how they could earn as much money as possible with Corona mandates with their newly founded office community. When, at the end of 2021 / beginning of 2022, together with the group of international lawyers, I conducted the Model Grand Jury investigations with the help of our experts to show that, and how, a legal clarification of the plandemic could work, these lawyers no longer played a role at all. However, the Model Grand Jury Investigation became a success that attracted worldwide attention. The work of the Corona Committee was now so popular that by the end of 2020 we had already received a lot of donations. However, we only needed part of this to pay for our technology, IT, translators and expenses for my office, etc. There was a large amount of money in our donation account. This money was not safe from our point of view. A blocking or seizure of the accounts would have rendered us immediately incapacitated. Therefore, VF and I decided to leave only the amounts directly required for the work of the Corona Committee in the donation account and to keep the funds that were not needed at first safe from possible access. The State Office for Criminal Investigation in Lower Saxony, as I know today, had asked the public prosecutor’s office to investigate VF, RF, AF and JH and a colleague who had temporarily managed the donation account because of suspicious money laundering reports from the banks, which had repeatedly terminated our donation account. These investigations were later discontinued. To make sure that we would not be vulnerable because of the securing of the money, we concluded loan agreements, which were also openly shown in the annual financial statements. Of course, there would have been no point in transferring the loans from one disclosed account to another open account. So we decided to invest them in my German property (as an equivalent value) and in gold as a safe store of value. The house had a value of €1,345,000. We wanted to sell it anyway and look for a new place to live in Germany. Therefore, the money I took out on a loan basis was safe, as I believed at the time. But things turned out differently. I will report on that. In addition, I invested 1.1 million EUR in donations in gold. This was also openly disclosed in the annual financial statements. VF also entered into a contract with Corona Committee to obtain a loan. This withdrawal also served to secure our money. The loan went over € 100,000 which is also reported in the annual financial statements. In July / August 2021, JH and AF suddenly contacted us again to get information about the donations. I suspected that their legal efforts had been unsuccessful. In the meantime, I had learned that they had no structure in their office and, in particular, had not even been able to hire at least one secretary. I hadn’t checked this at the beginning of our collaboration, a mistake on my part in hindsight. Since JH and AF had effectively left the work of the Corona Committee and also because they had recently been working closely with a person who, as I know today, infiltrated the political party “dieBasis” together with a Freemason, we initially refused to provide this information. But in order not to waste energy on avoidable arguments, we finally handed in an overview of income and expenditures. It quickly became clear that they wanted to “hijack” the Corona Committee and at least eliminate me from it. When the attempt failed, JH proposed in a written settlement that he and AF would leave the company if we pay them half of the donations to an account of their mentor, Prof. Dr. Martin Schwab. Of course, VF and I rejected this and asked JH and AF not to show up in the committee anymore. We didn’t hear from them for about a year. At the end of 2021, with my consent and with the help of their notary, VF created a new company for the operation of the Corona Committee. VF and I held a 50 percent stake in this company. This new Corona Committee has its own account, so it no longer has to rely on lawyers’ escrow accounts. All the rights of the old company were also transferred to this new company. I agreed to the contracts submitted to me by VF. At the beginning of 2022, working with VF had become increasingly difficult. That’s why I accepted the offer to participate in the Crimes Against Humanity Tour in the US. This meant that I would spend almost three and a half months traveling through nine U.S. cities and giving lectures with two well-known U.S. scientists, Dr. Judy Mikovits and the economist and expert on technology and transhumanism, Patrick Wood. However, from there I continued all the activities related to the Corona Committee: I continued the interviews via Zoom, gave an average of five interviews per week, participated in the conferences of the PCR Test Working Group and summarised the meetings of the Committee every weekend on Bittel.TV. In addition, I worked with international colleagues to initiate legal proceedings with the aim of large-scale damages lawsuits. At the time, I was on the verge of burnout… After my return from the U.S., I realized that VF’s chaotic incompetence and indifference to our guests, which I had grudgingly accepted until then, had increased even more. That’s why I confronted her in July 2022. I informed her that I would be going back to our ranch in California with my wife and dogs, also to be closer to the relevant legal action, but that I would continue the committee work as usual. Also, I desperately wanted more input from her! Immediately afterwards, as I know today, VF got in touch with JH and AF again, as well as their law firm colleague MT. In August 2022, there was a meeting and a discussion. Following this meeting, the joint public defamation campaign against me started on 9-2-.2022 and criminal charges were filed against me on the same day. I didn’t know anything about that at the time. Due to the coincidence of the date of the “dismissal” and the criminal complaint, it is clear to me today that “the other side” was never interested in resolving the disputes. A week before 9-2-.2022, VF had informed me that there would be no Corona committee broadcast on that day because our TV manager’s wife was going to have her second child. A lie, as I later realized. But I believed that lie and did not appear, VF and WW had – as VF puts it – “a clear shot“ at me. VF appeared in front of the Corona Committee’s camera dramatically dressed in black. She declared, without informing me as her partner, that I was no longer allowed to appear at the Corona Committee. So she decided unilaterally and completely arbitrarily that I was no longer allowed to be present in the Corona Committee that I had shaped until then, in whose company I owned 50 percent then as now! In order to justify her illegal and unlawful actions, she and WW, also in front of the camera, stated that I was to be accused of financial irregularities and that I was otherwise “a loudmouth”. WW was particularly fond of this label. I didn’t want to unnecessarily burden the Corona Committee and its worldwide reputation with internal problems. A vain hope. A short time later, VF, WW, JH, AF and VF’s partner at the time appeared in front of the camera for an hour-long Reiner Fuellmich tribunal. This campaign eventually culminated in several increasingly insane videos from VF claiming that “the children of the committee staff must be starving“ because of me. Apparently completely unhinged, she finally called for a “hunt for me” and crowned this call with a “Halali”, a German hunting call that signals the end of a hunt. Not only I, but also the viewers were shocked, as could be seen from the comments in the chat. The content of the 30-page criminal complaint, which JH also filed on behalf of AF and MT, reads even crazier. JH, AF and MT knew in 2020 that € 700,000 had been secured by me by loan agreement and secured with my property. They also knew that the sale of my house has been planned for a long time and was imminent. Our property was sold on 03/10/2022 for € 1,345,000.00 in our absence through a notary. As mentioned, we have never seen any of this money to this day! How this coup took place, I will explain in the next part. And it gets even worse: After receiving the criminal complaint, I should have been heard, in accordance with the principle audiatur et altera pars. But I was denied this. Today I know the reasons: JH claimed to the prosecution that I was threatening him “with a Winchester”. And because that didn’t seem dangerous enough, he went on to claim that I, as a member of the party “dieBasis”, would radicalize other members and call for violence against him. In addition, I was an anti-Semite and he would feel threatened because of his ethnic origin. Because of these completely fictitious threat scenarios, my wife and I were denied the right to a fair clarification of the situation by the authorities for more than a year. Apparently, the public prosecutor’s office felt pressured by these threat scenarios. JH even told the authorities that the other two plaintiffs would withdraw the criminal complaint if the prosecution granted me a fair hearing. Literally, he writes: “… if Fuellmich or any of the other defendants were given the opportunity to comment before criminal proceedings were initiated, the witnesses (i.e. VF, JH, AF and MT) would refrain from filing the criminal complaint for fear of threats, violence and defamation.” Subsequently, my wife’s private account was seized. When our lawyers asked for my wife to be heard, they were told that they would not receive any information because she was also under investigation. A European arrest warrant was then issued for me on 3-15-2023, of course without me being granted the right to be heard. In the meantime, my wife and I had left for a trip to Peru regarding the class action lawsuit. On the way back we wanted to visit friends in Mexico and fly back to Germany from there. There, we received information from our hometown that the authorities were allegedly looking for me. Unfortunately, the colleagues from my law firm did not receive any information from the authorities about the situation. So we couldn’t really assess the new scenario back home, so we stayed in Mexico for the time being. As a counterpart to the Corona Committee, I now had my own label “ICIC”, with which, as before in the Committee, I interviewed international experts on global crimes against humanity. A small working group from the former Corona Committee had followed me and so we were able to quickly get back to work. Nevertheless, in October 2023, everything plunged into complete chaos again. It ended with the execution of the above-mentioned European arrest warrant against me in Frankfurt, after I had previously been deported from a non-European country (Mexico) under police protection. – A thriller that, as I know today, was anything but a coincidence. I’ll tell you about that in the next episode. As a result, I’ve been sitting in prison for weeks now. The real perpetrators are still free. They also possess the class action lawsuit money and the money from my private home. I can prove that. All documents are safely stored with my legal team. How the “agitators” brought all this to a “successful” conclusion for them, I will report on in the next episode. Source Reiner Füellmich: Press Release From The Defence. Originally published by Elsa at Truth Summit on 23rd December 2023. One could say that the truth is boring – meaning, Reiner said basically the same thing a few days after VF spoke against him as he is saying now, and as is stated in the press release from the defense. There are a couple of further details. They add a tiny bit, but nothing is changed. So here is the press release. On November 17, 2023 the Göttingen public prosecutor’s office brought charges against Dr. Reiner Füellmich on the basis of a criminal complaint filed by former shareholders without the defense having prior access to all volumes of the investigation file or the opportunity to comment. An interrogation of the accused pursuant to Section 163a of the German Code of Criminal Procedure (StPO) was also not conducted before the indictment was filed. Likewise, the witnesses named predominantly in the indictment were not questioned. On the one hand, the sum of €700,000 is at issue, which is already the subject of the arrest warrant. However, the basis for the payment of the €700,000 were two loan agreements also signed by Viviane Fischer (one dated November 6, 2020 for €200,000 and one dated May 14, 2021 for €500,000). The public prosecutor’s office incorrectly assumed at the time of the indictment that both loan agreements involved inadmissible self-dealing. However, according to the complete founding minutes of July 9, 2020 all four shareholders were appointed as managing directors with sole power of representation, so that Viviane Fischer was able to effectively represent the Corona-Committee-Entrepreneurial-company-in-formation alone in both loan agreements. At the time, rumors were circulating about the seizure of accounts at MWGFD; in fact, accounts were seized from the prominent member Prof. Dr. Hockertz, as well as subsequently from other doctors who were prosecuted under criminal law on the subject of the corona measures, and finally, as the most prominent example, from Michael Ballweg, who was also remanded in custody for 9 months. The donations should therefore be invested in sustainable stores of value, such as gold or real estate. The Corona Committee bought around 1 million worth of gold, which is still stored securely at Degussa. Reiner Füellmich’s property was intended as the equivalent value for the loan amount of € 700,000. At the time of the sale on October 3, 2022, the property was unencumbered and the € 700,000 was to be repaid to the Corona Committee from the purchase price of € 1,345,000. However, this was prevented until today by the entry of a land charge on November 18, 2022, i.e. one and a half months later – in our opinion unlawful – and the payment of an amount of € 1,158,250 in favor of the complainant Marcel Templin. This matter must be clarified, also by the public prosecutor’s office. It is irrelevant whether amounts were spent on redesigning the garden of the property, as this directly benefited the increase in value and thus the achievement of a higher purchase price. The indictment also alleges payments made by the Corona Committee to Reiner Füellmich’s law firm in the amount of €25,000 per month plus VAT in the period from January 1, 2021 to July 31, 2022. According to the indictment, these funds were used up for wage and salary payments and social security contributions for the employees of his law firm. The public prosecutor’s office fails to recognize that the employees of Füellmich’s law firm provided a service in return for these monthly payments to the Corona Committee. For two years, they were almost exclusively occupied with answering inquiries to the Corona Committee. Over 300,000 emails were answered, hundreds to thousands of telephone calls were made and thousands of letters were answered. Due to the sheer volume of emails, a new IT system also had to be purchased. This work, which was absolutely essential for the Committee’s continued existence, was not carried out at the Committee’s headquarters in Berlin. Communication with the supporters of the Corona Committee included initial legal advice for those seeking help, the acquisition of interview partners, the selection of scientists and other experts, who ultimately had their say at the weekly meetings. If this communication had not taken place, the Corona Committee could have ceased its work shortly after it was set up. The services provided by the employees of the Füellmich law firm were therefore part of the committee’s corporate purpose. The witnesses named by the public prosecutor in the indictment for this set of crimes were not heard before the indictment was filed, which is unusual. Source Truth Summit Elsa from the Truth Summit adds – PS. To donate for legal and other expenses, here is the link: https://www.givesendgo.com/GBBX2 https://expose-news.com/2023/12/27/update-reiner-fuellmich-speaks-out-his-personal-statement-press-release-from-the-defence/
    EXPOSE-NEWS.COM
    Update: Reiner Füellmich Speaks Out. His Personal Statement & Press Release From The Defence.
    Dr Reiner Füellmich has been imprisoned for almost 11 weeks now. He has written his own personal account, part one of which was read aloud on Bittel TV and translated. He had said “It isn’t o…
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  • #DCG #crypto firm announced that #loans from now de-functional platform #Genesis are already unburdened.

    $700 Million is repaid.

    They upgraded their #financial obligations including $1 Billion paid to creditors last year.
    💰💸#DCG #crypto firm announced that #loans from now de-functional platform #Genesis are already unburdened. $700 Million is repaid. They upgraded their #financial obligations including $1 Billion paid to creditors last year.
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  • Jo Flowering Whirlwind, [Dec 9, 2023 at 16:45]
    The Zelenskyy call.
    -
    How do you set up an end to a game?

    CDS are due at the end of 2023.

    Ukraine's debt trap is done. It belongs to the international banks now. They own the bombs dropping, the reconstruction companies, and at the end of the fiscal year they will absorb most of the Ukrainian state owned assets as collateral for credit default on multi-billion dollar loans.
    -
    So ask yourself an important question.
    Why leak this audio now?

    #Ukraine
    Jo Flowering Whirlwind, [Dec 9, 2023 at 16:45] The Zelenskyy call. - How do you set up an end to a game? CDS are due at the end of 2023. Ukraine's debt trap is done. It belongs to the international banks now. They own the bombs dropping, the reconstruction companies, and at the end of the fiscal year they will absorb most of the Ukrainian state owned assets as collateral for credit default on multi-billion dollar loans. - So ask yourself an important question. Why leak this audio now? #Ukraine
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  • 64 US Bank Branches File To Shut Down In A Single Week; Are You Affected?
    November 27, 2023
    By Naveen Athrappully

    Big banks such as PNC Bank and JPMorgan Chase have filed to close several branch offices in multiple states amid a troubling pattern of rising branch shutdowns in recent years.

    Between Nov. 12 and 18, several banks filed to close branch locations, with PNC Bank with the most filings, according to data from the U.S. Office of the Comptroller of the Currency. Pittsburgh-based PNC Bank filed for 19 branch closures—five in Pennsylvania, four in Illinois, three in Texas, two each in Alabama and New Jersey, and one each in Indiana, Ohio, and Florida.

    JPMorgan Chase followed closely with 18 filings—three in Ohio, two each in Connecticut and South Carolina, and one each in 11 states, including New York, Illinois, Florida, and Massachusetts.

    Citizens Bank came in third with eight branch closure filings—six in New York, and one each in Massachusetts and Delaware. Minneapolis-based U.S. Bank filed for seven closures—three in Tennessee and one each in Missouri, Wisconsin, Ohio, and Illinois.

    Bank of America made five filings—two in New York and one each in Texas, Massachusetts, and California.

    Citibank filed for two branch closures, and Sterling, Bremer, First National Bank of Hughes Springs, Windsor FS&LA, and Aroostook County FS&LA made one filing each.

    Altogether, banks filed to shut down 64 branches.

    The recent closures are part of a long-term branch shutdown trend that has been ongoing over the past several years. A report from the National Community Reinvestment Coalition shows that between 2017 and 2021, 9 percent of all bank branches shut down. The closure rate doubled during the COVID-19 pandemic.

    According to data from S&P, there were 3,012 branch closures last year and 958 branch openings, leading to a net closure of 2,054 branches. This was the third consecutive year that net closings exceeded 2,000.

    One major factor that led to a surge in branch closures is the rise of digital banking, a trend that accelerated during the pandemic when people were stuck at their homes.

    A survey by the American Banking Association (ABA) conducted in September showed that 8 in 10 Americans used a mobile device to manage their bank accounts at least once in the previous month.

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    “Digital banking tools have made it more convenient and more secure than ever for consumers to manage their finances,” Brooke Ybarra, ABA’s senior vice president of innovation strategy, said, according to a Nov. 3 statement.

    Cost Saving, Negative Effects

    Going digital rather than expanding physical branch locations is also part of a cost-saving strategy for banking institutions. Opening a new site costs millions of dollars and several hundreds of thousands in annual recurring costs.

    Most of the operations done via a physical bank can now be done online. Digital transactions are cheaper than the costs incurred in transacting via bank tellers.

    On the flip side, the shutdown of bank branches can negatively affect customers, especially in small towns. Due to such closures, many towns have become “bank deserts,” where the nearest bank is more than 10 miles away.

    “When bank branches close, there are several adverse effects on the surrounding community. Small business lending and activity in the area declines. More people use alternative financial services that open them to unregulated and predatory financial practices. An important commercial tenant and employer are lost,” the National Community Reinvestment Coalition report said.

    “While consumers have embraced mobile and internet banking to one degree or another, they clarify that branches matter to them as well, and without branches nearby, they are more likely to be un- or under-banked.”

    A recent survey by Daily Mail found that 51 percent of Americans were either “very concerned” or “somewhat concerned” about the closure of bank branches.

    PNC Bank Closure

    PNC Bank registered the largest number of closure filings amid its heightened focus on cost-saving measures. During its second-quarter earnings call, CEO William S. Demchak said the bank is “going to have to take a hard look” at where it can “generate savings … without cutting the potential for growth.”

    At the time, Chief Financial Officer Robert Q. Reilly revealed that the institution was boosting the target of an expense reduction program by $50 million to $450 million. For next year, PNC Bank is targeting $725 million in expense cuts.

    PNC is the sixth-largest U.S. bank. The 19 branches that will be shut down are:

    202 N. Walnut St., Bath, Pennsylvania
    301 W. Trenton Ave., Morrisville, Pennsylvania
    14 N. Main St., Plains, Pennsylvania
    1969 E. 3rd St., Williamsport, Pennsylvania
    2 N. Mill St., New Castle, Pennsylvania
    321 Bel Air Blvd., Mobile, Alabama
    2811 Eastern Blvd., Montgomery, Alabama
    5650 S. Brainard Avenue, Countryside, Illinois
    2217 W. Market St., Bloomington, Illinois
    1949 E. Sangamon Ave., Springfield, Illinois
    505 West Liberty Street, Wauconda, Illinois
    8733 U.S. Highway 31 South, Indianapolis, Indiana
    528 Station Ave., Hadden Heights, New Jersey
    410 Main St., Orange, New Jersey
    115 E. Van Buren Ave., Harlingen, Texas
    407 S. Commerce St., Harlingen, Texas
    801 W. Kearney St., Mesquite, Texas
    1040 Mt. Vernon Ave., Columbus, Ohio
    1140 N. Main St., Gainesville, Florida
    In June, PNC shut 47 branches, followed by 29 closures in August. A spokesperson told The U.S. Sun at the time that the bank intends to shut down 147 locations as it focuses more on online banking. The closures were expected to make 60 percent of PNC’s banking business exclusively online.

    A spokesperson from the bank told the Philadelphia Business Journal that the 19 bank closures will take place on Feb. 16.

    Last month, the bank reported a drop in third-quarter profits and declared cutting roughly 4 percent of its workforce. The layoffs, which began on Oct. 6, will be completed by the end of the fourth quarter. The job cuts are expected to bring down the bank’s yearly personnel expenses by roughly $325 million or 5 percent.


    Above Phone De-Googled Private Communications: SHOP
    The bank also forecasts that its net interest income—the difference between the interest it receives on loans and the interest it pays on deposits—will shrink by 1 to 2 percent from current levels in quarter four. During the third quarter, net interest income had declined by 3 percent.

    “They (PNC Bank) recognize that there is definitely a headwind to the growth and their net interest income, mainly due to the higher deposit rates and higher funding costs,” Timothy Coffey, an analyst at Janney Montgomery Scott, told Reuters.

    “And so they’re trying to alleviate some of that headwind by doing what they can to cut their own non-interest expenses as a way to maintain their earnings.”

    Source: The Epoch Times via ZeroHedge

    Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.

    Image: Pixabay

    Or support us at SubscribeStar
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    https://www.activistpost.com/2023/11/64-us-bank-branches-file-to-shut-down-in-a-single-week-are-you-affected.html
    64 US Bank Branches File To Shut Down In A Single Week; Are You Affected? November 27, 2023 By Naveen Athrappully Big banks such as PNC Bank and JPMorgan Chase have filed to close several branch offices in multiple states amid a troubling pattern of rising branch shutdowns in recent years. Between Nov. 12 and 18, several banks filed to close branch locations, with PNC Bank with the most filings, according to data from the U.S. Office of the Comptroller of the Currency. Pittsburgh-based PNC Bank filed for 19 branch closures—five in Pennsylvania, four in Illinois, three in Texas, two each in Alabama and New Jersey, and one each in Indiana, Ohio, and Florida. JPMorgan Chase followed closely with 18 filings—three in Ohio, two each in Connecticut and South Carolina, and one each in 11 states, including New York, Illinois, Florida, and Massachusetts. Citizens Bank came in third with eight branch closure filings—six in New York, and one each in Massachusetts and Delaware. Minneapolis-based U.S. Bank filed for seven closures—three in Tennessee and one each in Missouri, Wisconsin, Ohio, and Illinois. Bank of America made five filings—two in New York and one each in Texas, Massachusetts, and California. Citibank filed for two branch closures, and Sterling, Bremer, First National Bank of Hughes Springs, Windsor FS&LA, and Aroostook County FS&LA made one filing each. Altogether, banks filed to shut down 64 branches. The recent closures are part of a long-term branch shutdown trend that has been ongoing over the past several years. A report from the National Community Reinvestment Coalition shows that between 2017 and 2021, 9 percent of all bank branches shut down. The closure rate doubled during the COVID-19 pandemic. According to data from S&P, there were 3,012 branch closures last year and 958 branch openings, leading to a net closure of 2,054 branches. This was the third consecutive year that net closings exceeded 2,000. One major factor that led to a surge in branch closures is the rise of digital banking, a trend that accelerated during the pandemic when people were stuck at their homes. A survey by the American Banking Association (ABA) conducted in September showed that 8 in 10 Americans used a mobile device to manage their bank accounts at least once in the previous month. Activist Post is Google-Free — We Need Your Support Contribute Just $1 Per Month at Patreon or SubscribeStar “Digital banking tools have made it more convenient and more secure than ever for consumers to manage their finances,” Brooke Ybarra, ABA’s senior vice president of innovation strategy, said, according to a Nov. 3 statement. Cost Saving, Negative Effects Going digital rather than expanding physical branch locations is also part of a cost-saving strategy for banking institutions. Opening a new site costs millions of dollars and several hundreds of thousands in annual recurring costs. Most of the operations done via a physical bank can now be done online. Digital transactions are cheaper than the costs incurred in transacting via bank tellers. On the flip side, the shutdown of bank branches can negatively affect customers, especially in small towns. Due to such closures, many towns have become “bank deserts,” where the nearest bank is more than 10 miles away. “When bank branches close, there are several adverse effects on the surrounding community. Small business lending and activity in the area declines. More people use alternative financial services that open them to unregulated and predatory financial practices. An important commercial tenant and employer are lost,” the National Community Reinvestment Coalition report said. “While consumers have embraced mobile and internet banking to one degree or another, they clarify that branches matter to them as well, and without branches nearby, they are more likely to be un- or under-banked.” A recent survey by Daily Mail found that 51 percent of Americans were either “very concerned” or “somewhat concerned” about the closure of bank branches. PNC Bank Closure PNC Bank registered the largest number of closure filings amid its heightened focus on cost-saving measures. During its second-quarter earnings call, CEO William S. Demchak said the bank is “going to have to take a hard look” at where it can “generate savings … without cutting the potential for growth.” At the time, Chief Financial Officer Robert Q. Reilly revealed that the institution was boosting the target of an expense reduction program by $50 million to $450 million. For next year, PNC Bank is targeting $725 million in expense cuts. PNC is the sixth-largest U.S. bank. The 19 branches that will be shut down are: 202 N. Walnut St., Bath, Pennsylvania 301 W. Trenton Ave., Morrisville, Pennsylvania 14 N. Main St., Plains, Pennsylvania 1969 E. 3rd St., Williamsport, Pennsylvania 2 N. Mill St., New Castle, Pennsylvania 321 Bel Air Blvd., Mobile, Alabama 2811 Eastern Blvd., Montgomery, Alabama 5650 S. Brainard Avenue, Countryside, Illinois 2217 W. Market St., Bloomington, Illinois 1949 E. Sangamon Ave., Springfield, Illinois 505 West Liberty Street, Wauconda, Illinois 8733 U.S. Highway 31 South, Indianapolis, Indiana 528 Station Ave., Hadden Heights, New Jersey 410 Main St., Orange, New Jersey 115 E. Van Buren Ave., Harlingen, Texas 407 S. Commerce St., Harlingen, Texas 801 W. Kearney St., Mesquite, Texas 1040 Mt. Vernon Ave., Columbus, Ohio 1140 N. Main St., Gainesville, Florida In June, PNC shut 47 branches, followed by 29 closures in August. A spokesperson told The U.S. Sun at the time that the bank intends to shut down 147 locations as it focuses more on online banking. The closures were expected to make 60 percent of PNC’s banking business exclusively online. A spokesperson from the bank told the Philadelphia Business Journal that the 19 bank closures will take place on Feb. 16. Last month, the bank reported a drop in third-quarter profits and declared cutting roughly 4 percent of its workforce. The layoffs, which began on Oct. 6, will be completed by the end of the fourth quarter. The job cuts are expected to bring down the bank’s yearly personnel expenses by roughly $325 million or 5 percent. Above Phone De-Googled Private Communications: SHOP The bank also forecasts that its net interest income—the difference between the interest it receives on loans and the interest it pays on deposits—will shrink by 1 to 2 percent from current levels in quarter four. During the third quarter, net interest income had declined by 3 percent. “They (PNC Bank) recognize that there is definitely a headwind to the growth and their net interest income, mainly due to the higher deposit rates and higher funding costs,” Timothy Coffey, an analyst at Janney Montgomery Scott, told Reuters. “And so they’re trying to alleviate some of that headwind by doing what they can to cut their own non-interest expenses as a way to maintain their earnings.” Source: The Epoch Times via ZeroHedge Naveen Athrappully is a news reporter covering business and world events at The Epoch Times. Image: Pixabay Or support us at SubscribeStar Donate cryptocurrency HERE Subscribe to Activist Post for truth, peace, and freedom news. Follow us on SoMee, Telegram, HIVE, Minds, MeWe, Twitter – X, Gab, and What Really Happened. Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today. https://www.activistpost.com/2023/11/64-us-bank-branches-file-to-shut-down-in-a-single-week-are-you-affected.html
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    64 US Bank Branches File To Shut Down In A Single Week; Are You Affected? - Activist Post
    Multiple states continue a troubling pattern of rising branch shutdowns in recent years.
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  • Every successful business is done and achieved by certain group of people.

    There is no limit to what you can achieve.

    Cryptocurrency is one of the fastest growing digital currency that has brought an easy strategy to the way of making money.

    Say no to starvation and loans, start your own investment today.

    Sacrifice the little funds and time you have today and so you can enjoy your upcoming decades.

    Start Bitcoin investment or some days from now you will wish that you've started earlier.

    #Cryptocurrency????????????
    #Profits????????????????????
    #cryptoinvestment
    #bitcoinmining
    #bitcointrading
    #bitcoininvestment
    #bitcoin
    #crypto
    Every successful business is done and achieved by certain group of people. There is no limit to what you can achieve. Cryptocurrency is one of the fastest growing digital currency that has brought an easy strategy to the way of making money. Say no to starvation and loans, start your own investment today. Sacrifice the little funds and time you have today and so you can enjoy your upcoming decades. Start Bitcoin investment or some days from now you will wish that you've started earlier. #Cryptocurrency???????????? #Profits???????????????????? #cryptoinvestment #bitcoinmining #bitcointrading #bitcoininvestment #bitcoin #crypto
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  • FBI searches the home of Ryan Salame, a former FTX executive. Salame was the co-CEO of FTX Digital Markets, which was FTX's subsidiary in the Bahamas, and he was a substantial beneficiary of loans and suspicious payments made to top FTX executives through trading firm Alameda Research, both of which are now bankrupt.
    FBI searches the home of Ryan Salame, a former FTX executive. Salame was the co-CEO of FTX Digital Markets, which was FTX's subsidiary in the Bahamas, and he was a substantial beneficiary of loans and suspicious payments made to top FTX executives through trading firm Alameda Research, both of which are now bankrupt.
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