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News & Current Events + Happenings
/news/ deserves actual news. Declaring agendas are not news. Do not post trolling bait threads.
Post quality threads only, and it's voluntary to crosspost them to /pol/
Never mandatory.


Trump Sends The FEMA Camps To Commiefornia Over Wildfire Disaster, Martial Law In Place Reader 12/09/2017 (Sat) 14:14:02 Id: 3ad6bb [Preview] No. 4251 [Reply] [Last 50 Posts]
RELATED: >>>/news/4083 ; >>>/news/4190 ; >>>/news/4228

President Donald Trump approved a declaration of a state of emergency (martial law) in Commiefornia on Friday, ordering federal assistance in response to multiple wildfires that broken out since December 4 and continue to cause massive damage in the state.

This declaration allows the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) “to coordinate all disaster relief efforts,” according to a White House statement on the declaration.

The statement continued:

This action will help alleviate the hardship and suffering that the emergency may inflict on the local population, and provide appropriate assistance for required emergency measures, authorized under title V of the Stafford Act, to save lives and to protect property and public health and safety, and to lessen or avert the threat of a catastrophe in the counties of Los Angeles, Riverside, San Diego, Santa Barbara, and Ventura.

FEMA now has the authority to “identify, mobilize, and provide, at its discretion, equipment and resources necessary to alleviate the impacts of the emergency.”

“Emergency protective measures, limited to direct Federal assistance, will be provided at 75 percent Federal funding,” according to the statement.

At least ten fires are specifically identified on a CalFire map of southern Commiefornia. Some of those have been partially contained, while most have not.

Footage shared from the scene of the Lilac fire, near Murrieta in San Diego County, showed airplanes performing daring maneuvers to drop fire retardant on the flames.

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Reader 12/09/2017 (Sat) 16:25:55 Id: 3643e1 [Preview] No.4260 del
Clearly USA is tilted. The east dips into water and the west is too close to the sun.



Trump Administration To Audit Department of Defense As Next Budget Moves Through, Keeping Track of the Money Reader 12/09/2017 (Sat) 02:43:15 Id: 351607 [Preview] No. 4244 [Reply] [Last 50 Posts]
FIRST TIME FOR EVERYTHING

The Pentagon will spend the next several months gearing up for a mission so complicated that many officials doubt it can be pulled off, an undertaking so immense that the military hasn’t once dared to try it before.

No, this isn’t a story about deploying a fancy new weapon, or unveiling a new aircraft, or launching a military operation of any kind: The Department of Defense is preparing for its first-ever audit.

That the nation’s most sprawling and expensive bureaucracy—and the world’s largest employer—has yet to undergo a formal, legally mandated review of its finances is a source of embarrassment among budget watchdogs, and it has become a preoccupation for members of Congress intent on demonstrating their fiscal prudence even as they appropriate more than $600 billion annually to the Pentagon. “Like Waiting for Godot,” one Democratic senator, Jack Reed of Rhode Island, quipped about the absent audit at a recent hearing. The lack of formal accountability has left unanswered basic questions about how the military spends taxpayer money, like the precise number of employees and contractors its various branches have hired. Cost overruns have become legendary, none more so than the F-35 fighter-jet program that has drawn the ire of President Trump. And partial reports suggest that the department has misspent or not accounted for anywhere from hundreds of billions to several trillion dollars.

After years of missed deadlines, the mounting political pressure and a renewed commitment from the Trump administration might finally result in an audit. For the first time last year, both major political parties called for auditing the Pentagon in their campaign platforms. That unites everyone from Hillary Clinton and Elizabeth Warren to Ted Cruz and the House Freedom Caucus. And last week, Trump’s nominee to serve as comptroller for the Pentagon, David Norquist, testified at his Senate confirmation hearing that he would insist on one whether the department could pass it or not. “It is time to audit the Pentagon,” Norquist told members of the Senate Armed Services Committee in his opening statement.

https://archive.fo/mVSOx
https://www.theatlantic.com/politics/archive/2017/05/pentagon-trump-audit-first-time/526932/


Reader 12/09/2017 (Sat) 16:15:16 Id: 32194d [Preview] No.4259 del
There also needs to be an audit or an investigation into the $21 TRILLION that had gone missing from Pentagon budgets over the last 10+ years. Where did all that money go? It had to have gone somewhere!



Increasing Amounts of Americans Are Cutting Cable TV, But Higher Bills Likely To Be Added To Internet Costs Reader 12/09/2017 (Sat) 02:03:15 Id: 137624 [Preview] No. 4239 [Reply] [Last 50 Posts]
You'll perhaps recall that broadcast and cable executives spent years denying that TV cord cutting was even happening. Ultimately that head-in-the-ground thinking "evolved" to the point where sector executives admitted that sure, cord cutters are real, but they're little more than 40-year-old nobodies living in mom's basement -- and not something to actually take seriously. As the data began to indicate that cord cutting was a very real phenomenon that thinking has finally started to subside, though the industry by and large has responded by doubling down on the bad ideas that brought us to this point in the first place.

There's still a sect of broadcast and cable executives and analysts that truly believe this shift from bloated, pricey channel bundles to cheaper, more flexible streaming alternatives is just a fad kooky kids are going through. And there's more than a few sector executives who believe this will all magically end as younger generations procreate and buy new homes. Of course that's not really supported by the facts, with most Millennials and younger generations being "cord nevers" -- who fail to see the point of subscribing to expensive bloated channel bundles in the era of YouTube and Twitch.

A new report by the Diffusion Group highlights again how this isn't just some temporary hiccup in the tastes of fussy viewers. The group predicts that at the current pace of customer defections from cable, the number of US households that subscribe to traditional cable will drop from 81% this year to 60% in 2030:

"Generally, TDG expects that the penetration of live multi-channel pay-TV services will decline from 85% of US households in 2017 to 79% in 2030. While statistically a loss of only 7%, it nonetheless illustrates the ongoing secular decline of a once healthy market space. TDG predicts that, by 2030, roughly 30 million US households will live without an MVPD service of any kind, be it virtual or legacy.

During this time, legacy MVPDs will experience considerable subscriber losses, due not only to long-term industry trends but also growing competition from virtual pay-TV providers. Consequently, legacy pay-TV penetration will fall from 81% of US households in 2017 to 60% in 2030, down 26%. At the same time, virtual pay-TV penetration will grow from roughly 4% of US households to 14%, up 350% but from a very small base.

And while some traditional, legacy TV viewers will flock to "virtual" streaming alternatives like AT&T's DirecTV Now or Dish's Sling TV, those services cost significantly less than traditional cable options (which usually clock in at $110 or more per month). That's why most cable providers have been so busy imposing arbitrary and unnecessary usage caps and overage fees on broadband connections, as it allows them to counter these lost TV revenues (with the added bonus of hamstringing competing services that aren't zero rated, something you'll see a lot more of thanks to the looming death of net neutrality).

Needless to say, the report highlights how cable providers still need to get out ahead of this shift, instead of just paying empty lip service to adaptation:

"TDG said early on that the future of TV was an app. Unfortunately, most incumbent MVPDs weren't taking notes," notes Joel Espelien, TDG Senior Analyst. "The question is no longer if the future of TV is an app, but how quickly and economically incumbents can adapt to this truth and transition to an all-broadband app-based live multi-channel system."

https://archive.fo/DxhxD

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Reader 12/09/2017 (Sat) 02:10:56 Id: 137624 [Preview] No.4240 del
OK, this whole net neutrality issue makes a lot of sense to me now. Duh, follow the money. ISPs are losing money from a growing number of cable cutters and they want to make back the profits by adding fines to broadband services.

Why do assholes like Google, Twitter, Facebook, etc. actually support net neutrality? NOT because its a censorship issue, its because they want as much people streaming into their services, and fines would reduce their user bases as well. So again, all about the money.


Reader 12/09/2017 (Sat) 06:09:47 Id: 79d520 [Preview] No.4249 del
(74.25 KB 640x640 V8jrfHY.jpg)
>>4240
Yup, the whole thing is simply ISP's vs big content providers. Neither side cares at all about their customers, they simply want control. Regardless of who wins, the consumers will still lose one way or another.

>it is not a censorship issue
Correct, the big content providers already censor content they do not like or is against their own Silicon Valley narrative, so believing otherwise is just silly. Without network neutrality, ISP's will be able to censor at will as well, putting content they don't like (high bandwidth applications and pro-consumer sites like stopthecap.com) behind a premium paywall or outright blocked.



More Injustice: Mueller's 'Right Hand Man' Represented Hillary Clinton IT Staffer Who Installed Her Illegal Server Reader 12/09/2017 (Sat) 02:26:10 Id: 72d43d [Preview] No. 4241 [Reply] [Last 50 Posts]
RELATED:
>>>/news/4023 (https://archive.fo/TGYLV)
>>>/news/4064 (https://archive.fo/qzzKS)
>>>/news/4076 (https://archive.fo/yoLAE)
>>>/news/4215 (https://archive.fo/nSewc)

In a trend which should surprise exactly nobody, another member of the Mueller team has been found to have deep ties to Trump's opponents.

Fox News host Tucker Carlson has obtained documents which reveal Aaron Zebley, considered to be Special Counsel Robert Mueller's "right hand man," defended Hillary Clinton IT staffer Justin Cooper - a Bill Clinton aide that installed the "private, illegal" server in the Clintons' Chappaqua home described by Politico as "jerry-rigged."

Zebley, a former WilmerHale partner who defended Cooper in 2015 in front of the Senate Homeland Security and Government Affairs Committee, was specifically called out by in a letter to Cooper for stonewalling the investigation, and his "complete refusal to engage the committee in a discussion about how to further assuage your concerns."

Carlson points out that Zebley's history as an attorney linked to Hillary Clinton is a compromised position.

Take that in for a minute. A lawyer who played a defense role in the federal investigation into Hillary Clinton is now playing an offensive role in the federal investigation into President Trump. -Tucker Carlson

The news about Mueller's 'right hand man' is directly linked to FBI agent Peter Strzok - the man fired from Mueller's probe who headed up both the Clinton email investigation and the original Trump-Russia investigation and was caught sending anti-Trump / pro-Hillary text messages to his mistress. This makes two original Mueller investigators directly linked to the Clinton email investigation.

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Reader 12/09/2017 (Sat) 02:26:56 Id: 72d43d [Preview] No.4242 del
>>4241
As we have been reporting since the Mueller investigation began, the special counsel is a hot partisan mess - stacked with investigators who have donated to Obama, Clinton and other Democrat causes. As Jessica McBride reported inHeavy:

Andrew Weissmann: Weissmann is a Barack Obama and Democratic campaign donor, according to federal records. “Weissmann, who led the Enron investigation, previously gave $2,300 to Obama’s first presidential campaign in 2008 and $2,000 to the Democratic National Committee in 2006

Jeannie Rhee: donated $5,400 to Hillary Clinton in 2015 and 2016, according to FEC records. The records show she gave $2,500 each to Obama for America and Obama Victory Fund 2012 in 2011

Andrew Goldstein: According to Fox News, “Goldstein contributed a combined $3,300 to Obama’s campaigns in 2008 and 2012”

Greg Andres: FEC records show that Andres has donated at least $2,700 to Senator Kirsten Gillibrand (D-NY)

James Quarles: Donated thousands of dollars to the campaigns of Hillary Clinton and Barack Obama. He has also donated money recently to other Democrats, including Friends of Chuck Schumer and two other Democrats. He has a lengthy donation history dating back years. He did donate to two Republicans over the years, however.

Elizabeth Prelogar: A former law clerk to Justics Ruth Bader Ginsburg and Elena Kagen, gave $250 to Hillary Clinton in 2016, according to FEC records. She also gave $500 total to Obama for America and the Obama Victory Fund 2012.

Brandon Van Grack: gave small amounts to ActBlue, an effort to raise money for Democrats, and to a Democratic candidate for Congress in 2012. In 2008, he gave about $286 to Barack Obama.

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Reader 12/09/2017 (Sat) 02:30:44 Id: 72d43d [Preview] No.4243 del
His whole team is stacked with people who represent the Clintons (in one way or another) and who have un indisputable bias against Trump.

That folks is a witch hunt. There are no other words to describe it other than unjust and unprofessional.


Reader 12/09/2017 (Sat) 04:04:15 Id: 92f413 [Preview] No.4246 del
This just goes to show that the democratic party really does not want democracy and has no respect for democracy at all. "Democracy" to them is only OK when they get their way. God forbid if they don't... wew! They show their true despot nature.



IT BEGINS: Hezbollah and Hamas Call for New Palestinian Intifada Against Israel After Jerusalem Ordeal Reader 12/08/2017 (Fri) 18:16:52 Id: 337044 [Preview] No. 4230 [Reply] [Last 50 Posts]
RELATED: >>>/news/4136

One person has been killed and hundreds injured amid continuing clashes between Palestinians and Israeli forces Friday. Palestinian militants had called for a “day of rage” following Donald Trump’s decision to recognize Jerusalem as the Israeli capital.

American ambassador to the UN Nikki Haley has defended the US against accusations it has compromised its position as a mediator for Middle East peace, saying that her country has not taken a position on Jerusalem boundaries and is not advocating changes to arrangements of holy sites.

Haley said the US is committed to the peace process but added that Israel “will never be bullied into an agreement by the UN or by any collection of countries that have proven their disregard for Israel's security."

https://archive.fo/UvuFS

Palestinian Islamist group Hamas has called for a new uprising against Israel following US President Donald Trump’s recognition of Jerusalem as capital of the Jewish state.

“We should call for and we should work on launching an intifada in the face of the Zionist enemy," said Hamas leader Ismail Haniyeh, in a speech in Gaza Thursday, Reuters reports.

World leaders expressed serious concern over the decision and its potential to destabilize the region.

Anti-US protests erupted almost immediately after Trump’s declaration Wednesday, with Palestinians first to take to the streets, calling for three days of rage against the move.

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Reader 12/08/2017 (Fri) 23:03:57 Id: 1f054e [Preview] No.4233 del
That is what the leaders of Israel and the Zionist lobby wanted all along. They troll the Palestinians, producing maximum butthurt. Palestinians then fight against the superior Israeli military force, always resulting in IDF retaliation. After this resulting ethnic genocide, in the future the term Ashkenazi will be shortened by about five letters.


Reader 12/09/2017 (Sat) 01:17:53 Id: ca41f7 [Preview] No.4238 del
>>4233
Damn it, I knew both sides were total assholes. Screw the Middle East, we really shouldn't be supporting any of this crap. What a total waste of time and money and human resources on our part.

I've known a person who used to live in the Middle East by the way, American woman, and she said Arabs are stupid and irrational as fuck. They can be triggered by anything. You have to be very careful while being around them, because they get offended easily. This is another reason I hate the amnesty policy... these kinds of people just won't fit in well with modern western society. Of-course (((globalists))) like Soros already know that.



Third World Commiefornia Is Litterally Burning To The Ground, LA Consumed By Fire, San Diego Could Be Next... Reader 12/08/2017 (Fri) 17:31:40 Id: 6c7db1 [Preview] No. 4228 [Reply] [Last 50 Posts]
Gusty Santa Ana winds and bone-dry conditions continued to stoke major wildfires in Southern California on Thursday as Ventura County fire officials said the battle there could last well over a week.

By Thursday evening, the Thomas fire had consumed 115,000 acres, destroyed 427 structures in Ventura and damaged at least 85 more, authorities said. An additional 12 structures were destroyed in unincorporated areas of Ventura County.

As the blaze intruded on Santa Barbara County, residents living in Carpinteria, Summerland and other coastal communities nearby were told to prepare to evacuate, even in areas under voluntary evacuation orders.

The Thomas fire has been burning fast, at one point moving nine miles in 12 hours, Santa Barbara County Sheriff Bill Brown said.

“We’re trying to get the word out to everybody that lives along the coast that they really need to start thinking about [evacuating] right now,” Brown said. “Make sure your car’s gassed up, make sure your irreplaceable documents, photographs, all that stuff, box it up. Even if you don’t load your car up, just have it ready to go.”

Authorities said the fight could last a couple of weeks.

http://www.latimes.com/local/lanow/la-me-ln-fires-20171207-story.html

Retirement communities built on golf courses, thoroughbreds in race horse stables and other usually serene sites were engulfed by flames as the San Diego area became the latest front in California's wildfire fight.

It exceeded 6 square miles (16 square kilometers) in a matter of hours and burned dozens of houses as it tore through the tightly packed Rancho Monserate Country Club community in the small city of Fallbrook, known for its avocado orchards and horse ranches. Three people were burned while escaping the flames, said Capt. Nick Schuler of the California Department of Forestry and Fire Protection.

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World's Largest Online Seller Of Gold Is Now Accepting Bitcoin Reader 12/08/2017 (Fri) 14:07:58 Id: 5d6b4d [Preview] No. 4218 [Reply] [Last 50 Posts]
It's not quite the non-fiat singularity just yet: for that to happen, one should be able to buy gold with bitcoin, and bitcoin with gold... but thanks to Apmex, the world's largest online retailer of precious metals, one can now cross out one half of the missing links, because as of yesterday Apmex is now accepting bitcoin.

From the company's statement:

For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying Gold, Silver and other Precious Metals by integrating BitPay into our website.

With BitPay integration, APMEX customers can now pay using bitcoin and complete their order in seconds. Because bitcoin works like cash for the Internet, customers enjoy a quick process, as the only delay is in the “mining” required of all bitcoin purchases. Additionally, all eligible bitcoin orders will be processed and shipped within one business day of your payment’s clearing and processing with the QuickShip® guarantee (domestic orders only).

Buyers can make purchases with bitcoin at any time, from nearly anywhere, just as with most credit cards. International orders become significantly easier as cryptocurrency like bitcoin is accepted worldwide without conversion. Also, many customers prefer Bitcoin payment because of the anonymity offered by a blockchain purchase.

And best of all, there's an added extra: a 4% discount on your new, shiny yellow metal:

For a limited time, all bitcoin orders are eligible for a 4.0% cash discount, similar to orders paid with check or bank wire. Take advantage of this new payment type and the limited-time introductory pricing offer. Start shopping today!

Oh, and with a whole lot of bitcoin millionaires and billionaires suddenly popping up, guess what countless other struggling online retailers, desperate for the sudden riches of these newly minted, pardon the pun, bitcoinaires will do? Exactly the same, as bitcoin acceptance suddenly becomes the next big thing...

https://archive.fo/brffj

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Reader 12/08/2017 (Fri) 16:52:30 Id: 299581 [Preview] No.4226 del
I would love to see in the near future some kind of totally decentralized P2P mesh network of cyptocurrencies backed by gold (if possible). That would be the ultimate blow - the final nail in the coffin - for the Rothschild central banking cabal. Lets understand that it would cause all fiat currencies to inevitably crash - including the US dollar - but it would be the new birth of REAL HONEST FREE MARKET GLOBAL CAPITALISM WITHOUT INTERVENTION. It would create a new world for generations to come, where We The People own our wealth 100% and no one could take it away from us.

I know I'm likely dreaming, but when I dream I like dreaming BIG.


Reader 12/08/2017 (Fri) 17:05:11 Id: 299581 [Preview] No.4227 del
>>4226
Could you imagine how BTFO communists, fascists and socialists would be by this, btw? They'd be screaming in total panic because they no longer would have any control over us, we would choose our own destiny with a revolutionary technology such as decentralized meshed gold-backed crypto. We would be completely anonymous, decentralized, ubiquitous, untaxable and uncontrollable. The free market would boom baby, boom and never stop booming. You'd see an Americana emerge again all over the fucking world baby, and there would be no way for the despots to stop it because they'd lose all their power over us.

I really hope someone (like Kim Dotcom) could make something like that happen someday. Oh baby, I'd be ready for it! CÉ LA VI PETRO USD!



Stabilization! Denmark May Deport Foreign Invaders To Live On Uninhabited Desert Islands Nearby Reader 12/08/2017 (Fri) 15:05:37 Id: a05808 [Preview] No. 4223 [Reply] [Last 50 Posts]
Denmark's immigration minister is considering sending failed 'asylum seekers' to live on deserted islands in the chilly Scandinavian seas.

Inger Stojberg is open to the plan which would see hundreds of foreigners who do not have a right to asylum being shipped to camps in one or more of the 300 uninhabited islands belonging to Denmark.

There are just under 1,000 failed asylum seekers in Denmark waiting to be deported. Their plight is a hot political issue in the Nordic nation.

Stojberg, who represents centre-rightists Venstre in a coalition government, said:"I am always ready to look into good ideas for how we can improve the control of rejected asylum seekers.

"This is of course also a proposal from the Danish People's Party," she told Berlingske.

The far-right Danish People's Party (DPP) tabled the proposal ahead of next year's Finance Act. The DPP supports the government in parliament but is not part of it.

Stojberg warned, however, that even if desirable, the plan might not be practical.

"There may be some practical and legal challenges by establishing an exit centre in a very isolated place, which need to be considered," she said.

Other potential objections to the proposal identified by Stojberg included the cost of building and policing the camps.

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Reader 12/08/2017 (Fri) 15:49:56 Id: 8684e3 [Preview] No.4224 del
(195.66 KB 894x1024 mossxlarge.jpg)
>>4223
Nothing says religion of peace like that guy's face indeed.


Reader 12/08/2017 (Fri) 15:57:55 Id: a05808 [Preview] No.4225 del
>>4224
Wow, interesting, but not surprising at all. The kikes @ Mossad & Langley HQ (CIA) tend to fund and arm these radical terrorists and use them as their invasion arm to destabilize nations. Thanks for pointing that out.



EU Communist Desperately Calls For A ‘United States of Europe’, As Their Soviet-style Bloc Is Breaking Apart Reader 12/08/2017 (Fri) 14:42:25 Id: 6907c3 [Preview] No. 4222 [Reply] [Last 50 Posts]
The European Union should transform into a federal “United States of Europe” by 2025 says Martin Schulz, the former President of the European Parliament and contender for German Chancellor.

“I want there to be a constitutional treaty to create a federal Europe,” Mr. Schulz said Thursday during a speech at a Social Democratic Party of Germany (SDP) convention in Berlin.

He told members of the party, which he leads, that the EU should rapidly expand its power and erode the sovereignty of nation-states, and that any country standing in the way must be ejected from the bloc.

According to the Financial Times, he insisted: “Such a constitutional treaty has to be written by a convention that includes civil society and the people.

“This constitutional treaty will then have to be put to the member-states and those that don’t approve it will automatically have to leave the EU,” Mr. Schulz explained.

Andrew Davies, the leader of the Welsh Conservatives, commented on the social media platform: “Straight from the horse’s mouth – a United States of Europe. No thanks.”

“If this is the route they are taking, it could be a very small European Union. #ThankGodWeAreLeaving” added Brexit campaign leader Nigel Farage.

The EU has already attempted to effectively implement a constitution several times, with treaties scrapping vetoes, creating new EU instructions, and taking control of policy areas.

Each time, they have been met with democratic resistance, before resorting to undemocratic means to expand their power (just as the Soviet Union did before its fall).

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De-Dollarization Continues: China, Iran To Eliminate Greenback From Bilateral Trade Reader 12/08/2017 (Fri) 14:27:54 Id: 5a2f28 [Preview] No. 4220 [Reply] [Last 50 Posts]
The more Washington lashes out in anger at those who will not bow to the unipolar world order, the more the rest of the world fights back. As the launch of its Yuan/Gold-settled oil futures looms, China is escalating its de-dollarization scheme further by seeking a bilateral rial-yuan agreement with Iran.

As a reminder, nothing lasts forever.

The World Bank's former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system.

"The dominance of the greenback is the root cause of global financial and economic crises," Justin Yifu Lin told Bruegel, a Brussels-based policy-research think tank.

"The solution to this is to replace the national currency with a global currency."

The writing is on the wall for dollar hegemony. As Russian President Vladimir Putin said almost two months ago during the BRICs summit in Xiamen,

“Russia shares the BRICS countries’ concerns over the unfairness of the global financial and economic architecture, which does not give due regard to the growing weight of the emerging economies. We are ready to work together with our partners to promote international financial regulation reforms and to overcome the excessive domination of the limited number of reserve currencies.”

As Pepe Escobar recently noted, 'to overcome the excessive domination of the limited number of reserve currencies' is the politest way of stating what the BRICS have been discussing for years now; how to bypass the US dollar, as well as the petrodollar.

Beijing is ready to step up the game. Soon China will launch a crude oil futures contract priced in yuan, and now, as RT reports, Tehran and Beijing are determined to find ways to avoid using the US dollar as a settlement currency in trade, according to a report by Iranian economic daily Financial Tribune.

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Reader 12/08/2017 (Fri) 14:28:19 Id: 5a2f28 [Preview] No.4221 del
>>4220
Tehran has been pursuing the goal of eliminating the dollar in its trade, and has been trying to sign currency swap agreements with a few target countries.

Chen said that Iran and China should develop their banking links and also underlined the unfairness of the existing financial system, dominated by a few developed countries. He added, other nations would do better if the unfair system is eliminated.

“We could use the experiences of European countries in establishing the euro as a common currency between many countries, which is not exclusively controlled by a single country. But until then, we need to utilize the maximum available capacities to expand our banking relations,” he was quoted as saying by the Iranian daily.

De-dollarization for Beijing, Moscow and Tehran has become a strategic priority. Eliminating the unlimited spending capacity of the Fed and the American economy means limiting US imperialist expansion and diminishing global destabilization. Without the usual US military power to strengthen and impose the use of US dollars, China, Russia and Iran have paved the way for important shifts in the global order.

The US shot itself in the foot by accelerating this process through their removal of Iran from the SWIFT system (paving the way for the Chinese alternative, known as CIPS) and imposing sanctions on countries like Russia, Iran and Venezuela. This also accelerated China and Russia’s mining and acquisition of physical gold, which is in direct contrast to the situation in the US, with rumors of the FED no longer possessing any more gold. It is no secret that Beijing and Moscow are aiming for a gold-backed currency if and when the dollar should collapse.

https://archive.fo/3cFui
http://www.zerohedge.com/news/2017-12-05/de-dollarization-continues-china-iran-eliminate-greenback-bilateral-trade