This is a repost of an earlier outline from last week, you’ll soon see why refamiliarizing yourself with the details is important.

Office of Inspector General Michael Horowitz testified April 27, 2023, that more than 3.4 million search queries into the NSA database took place between Dec. 1st, 2020 and Nov. 30th, 2021, by government officials and/or contractors working on behalf of the federal government. These search queries were based on authorizations related to the Foreign Intelligence Surveillance Act (FISA).

[OIG Testimony HERE]

Approximately 30% of those 3.4 million search queries were outside the rules and regulations that govern warrantless searches, what the politically correct government calls “non-compliant searches.”  That means more than 1 million searches of private documents and communication of Americans were illegal and outside the rules.

Additionally, IG Horowitz also admitted that somewhere north of 10,000 federal employees have access to conduct these searches of the NSA database; a database which contains the electronic data of every single American, including emails, text messages, social media posts, instant messages, direct messages, phone calls, geolocation identifiers, purchases by electronic funds, banking records and any keystroke any American person puts into any electronic device for any reason.

If we were in a functioning system of government everything would be stopped right now, and no conversation would be taking place that was not about this issue. This is the total and complete surveillance state being talked about as if we were discussing what’s for dinner.

This is beyond jaw-dropping.

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During an interview on Sunday conducted by Maria Bartiromo with Senator Ron Johnson, ranking member of the Senate Homeland Security Committee, Senator Johnson revealed that Republicans on his own committee refused to investigate the issues that surfaced from the Hunter Biden laptop, because they were worried about the appearance of politics during a 2020 election year.  Note, that’s an outcome of a Mitch McConnell decision.

Additionally, following revelations from the laptop of Hunter Biden, Senator Johnson outlines that current Secretary of State Anthony Blinken lied to congress when he said he never had any email contact with Hunter Biden.  Emails from Secretary Blinken are on the Biden laptop. WATCH:

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Everything about the process of cutting down energy exploitation, then driving supply side inflation, then raising interest rates to shrink demand (stem inflation) created by a desire to lower economic activity to the scale of diminished energy production, is a game of pretending.

The collateral damage from the rate hikes has been the banking destabilization, which shows the priority of the government officials and central banks to support the climate change agenda.  Into the game of pretending comes the second unavoidable consequence with inflation continuing as a result of the energy policy.

They simply cannot cut energy demand enough to meet the diminished scale of production.  There is no alternative ‘green’ energy system in place to make up the difference. That is the reality.  Now, the fed is scheduled to raise rates again, then begin to debate the collateral damage as they continue the pretending game.

(Via Wall Street Journal) – […] Another quarter-percentage point increase would lift the benchmark federal-funds rate to a 16-year high. The Fed began raising rates from near zero in March 2022.

Fed officials increased rates by a quarter point on March 22 to a range between 4.75% and 5%. That increase occurred with officials just beginning to grapple with the potential fallout of two midsize bank failures in March.

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The topline story from the announcement by JPMorgan Chase [SEE HERE] there are no banking rules/laws in the Biden Fed/Treasury system.

The Dodd-Frank laws are still on the books, but the FDIC decision to insure all deposits, regardless of size, now means those laws, rules and regulations are not required to be followed.  Additionally, as a result of JPMorgan gaining another $100+/- billion in deposit assets, the law(s) surrounding the 10% U.S. deposit maximum, within too big to fail banks, no longer exists. Noted in the announcement, “JPMorgan Chase is assuming all deposits – insured and uninsured.”

JPMorgan is also assuming assets consisting of $173 billion in loans and approximately $30 billion in securities.  The FDIC is going to assume risk (with a risk sharing agreement) for current First Republic Bank mortgage and commercial loans acquired by JPMorgan, guaranteeing JPMorgan a 5-year fed fixed rate on $50 billion in mortgage bonds.

The Federal Deposit Insurance Corporation (FDIC) rule requiring the holding of 1.5% of deposits for all depositors up to $250k in all institutions is now essentially moot.  If the FDIC is guaranteeing all deposits, there’s no way for the insurance corporation to capture or hold $1.5% of all banking deposits.  The law is in conflict with the outcome action of the Fed/Treasury and ultimately the FDIC, ergo the law is nulled by the ignoring of it.

Mohamed El-Erian gives his take below, but seemingly missed the part of the announcement where JPMorgan states, “no systemic risk exception was required” in the deal.  This means the FDIC is completely free-range with the agreement, they are not even trying to justify why they would make a too big to fail bank even bigger. WATCH:

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CTH has been warning about how the multinationals use the false construct of the DC Potemkin Village to keep people distracted from the true power center that is in control of the system of our national government.  Just as Washington DC and the Legislative branch do not write legislation, the DC system does not control the regulations that flow as an outcome of the Executive branch policy.

Behind the Potemkin Village we discover the mechanisms and people who write the laws, construct the rules, and pay for control over the priority and execution of policy.  Corporations are in control of government; the politicians are the faces that keep everyone distracted.  This dynamic was recently highlighted when Senator Lindsey Graham discovered during a television broadcast that he was a sponsor of a bill he didn’t even understand.

The RNC and DNC are two private corporations within this dynamic.  The same funding mechanisms and corporations behind the Potemkin Village are the same funding mechanisms and corporations who fund the RNC and DNC.  This is one big political apparatus that gives the illusion of government, while the corporations exfiltrate the wealth using laws they construct and policies they create.

Earlier this year we warned these same multinational entities would use the “culture war” to enhance the distraction.  This is ‘The Big Trap.’  Earlier today NBC’s Chuck Todd ran the promotional preview for the 2024 deployment.  WATCH (2 minutes):

Prior to the 2012 election and the rise of the Sandra Fluke free birth control narrative, we used to call them social issues; however, the usefulness of cultural wars has morphed into the larger war of wokeism.

In the big picture, keeping the voting base distracted from the economic expansion of multinational globalism, the corporate ‘masters of the universe’ (ie. the Big Club within both parties), need to keep pushing wokeism and anti-wokeism as a political strategy.  The cultural issues are useful tools to keep control of an alignment of voters.  It has always been thus, and even more important now that people are starting to realize the expansion of the rust belt.

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Victor Davis Hanson often has a unique big picture perspective on current events, linking and contrasting the disconnected high-brow outlook to the pragmatic perspectives of the modern populist movement.

Hanson takes an academic approach to the reality of current social constructs, yet in his own unique way he can describe the current status in a thoughtful and practical way.  In this analysis VDH contrasts the goals of the ideological media, specifically the goals of those in the Republican wing of the media control apparatus, to the reality they have created by removing the voice of Tucker Carlson.  WATCH:

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In their quest to control the mounting opposition to the corporate manipulation behind the DC Potemkin Village, the corporate media are creating a nimbler and more consequential army of opposition to their efforts.  The need for control is a reaction to fear.

There is a particular type of spider that carries several hundreds of young on her body after birth.  If you spot one of these in your shower, and your irrational fear instinct is to smash what seems to be a big scary spider, what you discover in the aftermath is the bathtub walls moving.  Yes, you may have squished the spider, but hundreds of smaller spiders are now crawling all around you.

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As Florida Governor Ron DeSantis finishes up his long-scheduled foreign policy tour, he finishes the trip on a down note in London, England.  Apparently, the political and business leaders were unimpressed by the diminutive stature of the Top-Gov and had lots of uncomplimentary things to say about him.

Meanwhile, on the domestic front, the most recent Trump -vs- DeSantis poll shows another slip for the DeSantis brand managers, despite the considerable lifts they put in his shoes to assist the optics.  President Trump now leads Ron DeSantis 62% to 16% in polling, a 46-point advantage {link}.

Governor DeSantis is scheduled to arrive back in Florida this week as the consultants organize bill signing ceremonies for legislation completed during his absence.  The bills will include a change to the Florida election laws permitting Ron to start officially campaigning for president instead of pretending not to run.  The ‘official’ announcement, which appears to have been planned for several years, is scheduled for mid-May next month.

LONDON — He hopes to win the hearts and minds of devoted Donald Trump supporters ahead of next year’s U.S. election.

But Republican presidential hopeful Ron DeSantis failed to impress British business chiefs at a high-profile London event Friday, in a tired performance described variously as “horrendous,” “low-wattage” and “like the end of an overseas trip.”

The Florida governor, expected to launch his bid next month to challenge Trump as the Republican nominee for the 2024 presidential race, met with more than 50 representatives of major U.K. firms and business lobbying groups as a part of a four-country “trade mission” ending in London Friday.

For several of those present, however, the statesmanship was lacking.

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There’s something sketchy afoot in the world of high finance.  Following the collapse of Silicon Valley Bank, the most likely first contagion bank would have been First Republic Bank; both California banks carried similar vulnerabilities.  However, once the Treasury Dept agreed to cover all deposits, even those unsecured deposits over the $250k FDIC insurance protection, suddenly First Republic Bank survived.

After the FDIC announcement, a group of 11 larger banks lent First Republic a tranche of money ($30 billion) to secure its holdings and help stabilize it.  Approximately six weeks passed, suspiciously perhaps the burn rate for the tranche in combination with risk averse exits says I, and suddenly First Republic starts destabilizing again.  [Insert Suspicious Cat here]

The First Republic stock value collapsed further last week, and the FDIC is now trying to get a takeover bid secured before government regulators are forced into a position of receivership.   I’m not dialed in to the banking industry, but it looks to me like the six-week interim phase was an agreement to give the illusion of stability and afford time for highly exposed, ¹likely well connected, stakeholders to exit.

With the Treasury taking the prior SVB position, thereby securing all deposits regardless of scope, the FDIC is now on the hook if the collapse includes a govt takeover.  The FDIC seems to be playing hot potato and looking for a buyer.  Additionally, the FDIC is asking JP Morgan-Chase if they are interested.  JPMorgan holds more than 10% of all deposit funds in U.S. banking.  From a regulatory position, JPM cannot legally take any more institutional deposits.  So, what gives?  It is all sketchy, all of it.

(Bloomberg) — The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co., PNC Financial Services Group Inc., US Bancorp and Bank of America Corp. to submit final bids for First Republic Bank by Sunday after gauging initial interest earlier in the week, according to people with knowledge of the matter.

The regulator reached out to some banks late Thursday seeking indications of interest, including a proposed price and an estimated cost to the agency’s deposit insurance fund. Based on submissions received Friday, the regulator invited some of those firms and others to the next step in the bidding process, the people said, asking not to be named discussing the confidential talks.

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The Senate bill that permits Governor Ron DeSantis to run for the GOP nomination in 2024 has now passed the Florida House and awaits the governor signature after return from his overseas ‘book tour.’  The bill passed the House by a vote of 76-34.   DeSantis is expected to announce his official campaign mid-May.

Meanwhile, the details of DeSantis campaign team are starting to emerge along with details of how the Florida Republican Party has been paying for the team to assemble quietly without attention.

“The leadership roster remains subject to change since the campaign – which could launch as soon as the start of next month – does not yet technically exist and most salaries are being paid, for the moment, through the state Republican party.”  This construct once again, proves my 9-month-long point about the deception operation behind DeSantis.

I have long ago accepted this DeSantis construct has been several years in the making, and it is a demonstrable certainty that all of the action since late 2021 was done to lay the stage for a massive deception upon the voters of Florida.  This campaign operation, and the astroturf assembled to assist it, has been a GOPe operation for a long time.  The assembled team is a who’s-who of GOPe operatives and DC professional republicans.  There’s not a single outsider among them.

[FLORIDA] –  Florida’s governor, Ron DeSantis, is quietly assembling a senior staff for an expected 2024 presidential campaign that will be headed by his top political adviser, Generra Peck, and around seven other Republican operatives serving as top advisers, according to two people familiar with the matter.

The leadership roster remains subject to change since the campaign – which could launch as soon as the start of next month – does not yet technically exist and most salaries are being paid, for the moment, through the state Republican party.

But some of the senior staff have started to move in recent weeks to the campaign’s base in Tallahassee, the people said, as DeSantis prepares to announce his presidential ambitions as perhaps the closest challenger to Donald Trump for the 2024 Republican nomination.

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Comrade rebels, a remarkable bit of independent journalism by Lee Fang, who interviews a high-ranking Ukraine intelligence official named Ilia Vitiuk.

Within the interview the head of the Ukraine Cyber Information Security Service admits to how they use the FBI to pressure Facebook into removing content the Ukraine government doesn’t like.

[…] “Once we have a trace or evidence of disinformation campaigns via Facebook or other resources that are from the U.S., we pass this information to the FBI, along with writing directly to Facebook,” said llia Vitiuk, head of the Department of Cyber Information Security in the Security Service of Ukraine.

“We asked FBI for support to help us with Meta, to help us with others, and sometimes we get good results with that,” noted Vitiuk. “We say, ‘Okay, this was the person who was probably Russia’s influence.'” (read more) 

Apparently, Ukraine is as strong a democracy as the United States. Where the strength of democracy is defined by the thin-skinned sensibility of the government that must censor any voice that speaks against their policy.

All correct and good thinking citizens speak favorably about their government comrades.

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