In the first video below, Ameera David from Russian Television (RT) interviews Peter Schiff about comments made by Federal Reserve Vice Chairman Stanley Fischer, who recently said, “We are close to hitting our targets. Looking ahead, I expect to see GDP growth to pick up.” Fully aware that Peter doesn’t remotely share Fischer’s optimism, Ameera David cautiously asks Peter what he thinks Fischer sees to be so hopeful with his forecast. Schiff’s response is classic:
“I don’t know that he ‘SEES’ anything, Peter says. “He’s just talking. I think the Fed is very reluctant to admit what a big failure their policies have been, especially ahead of the coming presidential election…”
You see, Hillary is running on the false narrative that we’re living in Obama’s recovery, but if that was true, then there would be no need for the Fed to take corrective action of any kind. With that said, the economy is limping along and gasping for breath at under 1% growth, so Democrats and the Fed are being forced to walk a fine line. Hillary and the Democrats are banking on their voters never being any the wiser regarding the whole situation, and with our dishonest media, that's a safe bet.
Peter goes on to explain how for the reasons mentioned above, Fischer’s comment made absolutely no sense. That could very well be why Fed Chair Janet Yellen is seen pictured above giving Fischer the stink eye. All one has to do is look at the country’s growth over the last three quarters, and they'll see it’s at less than 1%. Furthermore, this Friday the revised version of the GDP numbers will be published, and according to Peter, it’s most likely going to be another downward revision.
In the video below, first Peter calls out the Fed's bluff, and then explains to the viewers that the real issue in play is that the Fed doesn’t want to admit they’ve been a failure, so even as the economy dabbles near going into reverse, the Fed plans to continue pushing the narrative that the economy is absolutely strong enough for a rate hike if they wanted to, but that there’s no way in hell the Fed would ever actually consider raising interest rates before the election.
The next thing I want to talk to you about, is just how dire the economic situation is, not just here in America, but globally. After scouring the Bureau of Labor and Statistics, in the video below I’ll review shocking information about the disaster Obama created including how the average cost of each job created during the Obama presidency was a staggering $2,720,677 PER JOB, and that’s just the tip of the iceberg…
First, if you haven’t already heard, it’s imperative that you learn that this past Sunday, August 20th, 2016, Germany issued a 69-page report announcing families are to begin stockpiling enough food and supplies to be "sufficiently prepared in case of an existence-threatening development” that might occur in the future. Upon learning THAT news, which comes directly from a German newspaper, any sober, rationale, right-minded human being (sorry liberals, you're out), SHOULD be very alarmed.
After all, Germany is not some third world country that's made the decision to begin preparing for a potential "existence-threatening" disaster. Germany is a United States NATO ally, one of the most powerful countries in all of Europe, and not only has it decided to begin preparing for the possibility of a disaster severe enough to threaten its very existence, but our mainstream media here in the U.S. hasn’t even bothered to mention it. Why do you suppose that is?
What exactly could the U.S. mainstream media be so focused on that they ignored it, because we all know they're not researching actual "news?" Well, they’re very busy following President Obama around like a parade of clapping seals, running cover for all Hillary Clinton’s various scandals, and think about how many people they must have keeping watch over Donald Trump’s Twitter account 24/7. They're disgraceful.
Personally, I think that when push finally does come to shove, and countless unprepared Americans die because they were never given warning by the very people and institutions they entrusted to provide them with “news,” rather than propaganda, I think those same people and institutions should all be held criminally negligent for it, but I won’t hold my breath.
So what threat could Germany possibly be so worried about? Are they concerned about the imminent collapse of the Western banking system that many have predicted is coming? What about an unprecedented act of terror? When you consider that they are making preparations for an “existence-threatening” event of some kind, the choice of language suggests preparations for a nuclear exchange of some kind, which likely would mean World War III. Is that their concern?
In an amazing two part interview with Dr. Jim Willie the day after Germany released their report, Dr. Willie covers the situation very thoroughly. You can find PART I and PART II here, but be sure to read on first, because there is very serious ground to cover, not the least of which is if World War III is beginning right under our noses…
IS WORLD WAR III UNFOLDING NOW?
The invasion of Syria that so many people have been warning about is now happening. On Wednesday, Turkish tanks rolled across the Syrian border, and they were accompanied by radical Islamic Syrian rebels that want to ultimately overthrow the Assad regime. This invasion was conducted under the code name “Euphrates Shield”, and it was supported by airstrikes from A-10s and F-16s that are part of the U.S.-led coalition that has been conducting airstrikes against ISIS targets in the region. The mainstream media in the United States has been very quiet about this escalation of the conflict in Syria, but things are much different in the rest of the world. For example, a major Israeli news source announced the attack this way: “Turkey invades Syria“. And without a doubt, that is precisely what is taking place. The Syrian government denounced this move by Turkey as a “blatant breach to its sovereignty”, and the Russians are deeply alarmed. The farther Turkish forces push into northern Syria, the more likely they will be to encounter Syrian or Russian forces, and one bad move could result in the outbreak of World War 3 in the Middle East.
The fact that the U.S. media is treating this invasion of Syria as if it is of little importance is deeply disturbing. These days, the big news channels are obsessed with feeding us propaganda about how “healthy” Hillary Clinton is, or about how “racist” Donald Trump is, and they spend exceedingly little time on the things that really matter all over the globe.
Fortunately, it is not the same way around much of the rest of the planet. Here is an excerpt from a British news source about the Turkish attack…
It is hard to anticipate whether Turkey’s unprecedented military incursion into Syria this week will change the dynamics of the multiple wars that have ravaged the region and put civilians through hell. If things already seemed complicated in the Middle East, they may have just become even more so. What started on Wednesday ranks as the largest Turkish military operation inside Syrian territory since the civil war began five years ago. A dozen tanks, reportedly followed by a bus transporting Syrian rebels, rolled into northern Syria to drive Islamic State forces from the town of Jarablus, one of their last footholds on the Turkish-Syrian border. Today Turkey sent more tanks in and told the YPG Kurdish armed group it had one week to retreat from the border areas.
We are being told that the primary purpose of this Turkish invasion is “to fight ISIS”, but that is just for western consumption. The truth is that Turkey has actually been supporting ISIS and other terror groups in Syria for a very long time. In fact, it has been heavily documented that ISIS sold hundreds of millions of dollars worth of stolen oil through Turkey until the Russians put a stop to it.
No, the real motivation for this assault is to stop the advance of Kurdish forces. Turkish Foreign Minister Mevlut Cavusoglu recently promised that Turkey would “do what is necessary” to keep Kurdish fighters east of the Euphrates River, and even President Erdogan is admitting that the Kurds are primary targets in this operation…
“(Wednesday’s operation) started in the north of Syria against terror groups which constantly threaten our country, like (ISIS) and the PYD,” Erdogan said, referring to a Syrian Kurdish opposition political party.
And U.S. officials know exactly what Erdogan is doing. Just check out what one of them told CNN…
Another senior US official told CNN’s Barbara Starr the US assessment is that Turkey’s cross-border action is largely about trying to stop Kurdish action. “The Turks never cared about Jarablus until the Kurds wanted to get there,” the official said.
So now the Turks have declared open season on the Kurds in northern Syria, and the Syrian Kurds are treating this move as “a declaration of war”…
Spokesman for the YPG Kurdish militia, Redur Xelil, called Turkey’s move “blatant aggression in Syrian internal affairs.” Aldar Xelil, another influential Kurdish politician, accused Turkey of initiating an occupation of Syria, saying the operation amounted to“a declaration of war” on the autonomous administration set up by Kurdish groups in northern Syria in 2011.
According to the Turkish government, Operation Euphrates Shield will “create a safe zone” that will be 90 kilometers long and 40 kilometers wide that stretches roughly from the town of Jarablus to the town of Marea.
That is a massive amount of territory, and this basically shows that the Turks plan to set up shop there permanently.
President Erdogan and his supporters have always dreamed of recreating the old Ottoman Empire, and they already have military forces occupying portions of northern Iraq. This move into northern Syria is yet another bold move in the direction of their ultimate goal.
But will the Russians just stand by and allow the Turks to do whatever they want?
So far the Russians are not saying much, but Vladimir Putin has ordered snap military drills…
Russian President Vladimir Putin ordered snap military drills as German Chancellor Angela Merkel accused him of breaking international law in Ukraine and said NATO will defend member states against attack.
Combat readiness exercises are taking place “to defend the interests of the Russian Federation amid increasing threats to its security,” Defense Minister Sergei Shoigu said Thursday in a statement on the ministry’s website. Troops in Russia’s southern, central and western military districts, naval deployments in the Black Sea and Caspian Sea, and airborne forces are involved, he said.
The Russians don’t want to fight Turkish forces in Syria, but as they have shown in Crimea, in Ukraine and elsewhere, they are definitely not afraid to take military action when their interests require it.
And if Russia and Turkey do start fighting, that would threaten to drag the rest of NATO (including the United States) into the conflict.
Turkey has been chomping at the bit to start grabbing chunks of territory in northern Syria for quite some time now, but this invasion is going to turn out to be a tragic mistake.
President Erdogan has definitely overplayed his hand this time, and let us just hope that it doesn’t result in World War 3 erupting in the Middle East.
Article posted with permission from The Last Great StandDon't forget to Like Freedom Outpost on Facebook, Google Plus, & Twitter. You can also get Freedom Outpost delivered to your Amazon Kindle device here.