9 Revealing Bubbles That Will Get You to Ditch Bitcoin

Doug Kass' 15 Surprises For 2019

Authored by Dog Kass via RealInvestmentAdvice.com,
White House Politics:
(When asked what he wanted to give thanks for during a press gaggle Thanksgiving Thursday, Trump responded), “_for having a great family and for having made a tremendous difference in this country. I’ve made a tremendous difference in the country. This country is so much stronger now than it was when I took office that you wouldn’t believe it… And I mean, you see, but so much stronger people can’t even believe it. When I see foreign leaders they say we cannot believe the difference in strength between the United States now and the United States two years ago.” _– President Trump (Comments on Thanksgiving)
Policy:
_“You only think I guessed wrong! … You fool! You fell victim to one of the classic blunders – the most famous of which is “never get involved in a land war in Asia” – but only slightly less well-known is this: Never go in against a Sicilian when death is on the line!” _– Vizzini,The Princess Bride
The Economy:
“The missing step in the standard Keynesian theory (is) the explicit consideration of capitalist finance within a cyclical and speculative context… finance sets the pace for the economy. As recovery approaches full employment… soothsayers will proclaim that the business cycle has been banished (and) debts can be taken on. But in truth neither the boom nor the debt deflation… and certainly not a recovery can go on forever. Each state nurtures forces that lead to its own destruction.” _–_ Hyman Minsky
The Markets:
“Every new beginning comes from some other beginning’s end.” __Seneca the Elder
Contrary to the expectations of many (including myself), the uncertainties following the surprising Trump presidential election victory, which produced a number of possible outcomes (some of them adverse), was enthusiastically embraced by investors in 2017 and in the first month of this year. A market on steroids was not a conclusion or forecast by any mainstream Wall Street forecaster that year. There was no sell side strategist who expected equities would rise anywhere near the 20%+ gains in the major indices recorded in 2017, nor do I know any who predicted that the S&P Index would make more than 70 individual highs a year ago.
As I expected, that enthusiasm continued in and through most of the month of January, 2018. But, after a year of historically low volatility and ever-rising stock prices, the bullish consensus became troubled as the complexion of the market changed throughout most of 2018 .
As I noted in last year’s commentary, I thought that the biggest surprise in 2018 would be that extrapolation of the market uptrend didn’t work after many years of working, and that we will witness the emergence of multiple non-consensus developments, including:
Warren Buffett once observed that a bull market_ “is like sex. It feels best just before it ends.'” _While some of us in the ursine crowd debate whether the investment orgasm has already passed, in the extreme it finally may be Minsky’s Moment and year after nine years of recovery and prosperity following _The Great Recession._This year I have decided to publish my _“Surprise List”_ a bit earlier than usual.
As you all know, my Surprises are what I term to be _Probable Improbables_ – events that have a greater possibility of occurring than are seen by the consensus. I try to make you think apart from that diabolically dangerous_ “Group Stink”_ and, particularly as it relates to politics (but with other subjects as well), I feel that I should offend you at least once, or I am not doing my job. But, any offense is meant in the spirit of the great Romantic poet William Blake who taught us that “_Opposition is true friendship._”
My Surprises are shorter in length than in previous years. _(I want to quickly get to the important points of the Surprise List – available on one or two pages – rather than deliver a more flowery prose and bunch of stories that I have commonly done in the past)._We will start the new investment year about one month from now with a completely different _“feeling”_ of previous years – as I mentioned previously, the complexion of Mr. Market seems to have changed:
The core themes and roadmap for 2019 is that a standard run-of-the-mill Bear Market may run into something bigger in a year enveloped in unprecedented political turmoil (and electorate disgust and anger), an escalating trade (and cold) war with China and continuing global economic disappointments — dragging down a mature, an extended and fully exploited economic growth and market cycle.
Not surprisingly, my Surprise is that a slightly down year of performance for the S&P Index in 2018 may turn out to be something worse in 2019.
But the biggest and most provocative surprise is the decline and fall of President Trump in 2019 – in which an anti-imperial rebalancing is successfully mounted by a more assertive Congress, bringing the country back into constitutional equilibrium.
Without further fuss, here are my outside of consensus 15 Surprises for 2019:
1) A U.S. Recession in 2019 Followed by Stagflation:
We learn, in 2019, the extent to which economic activity was pulled forward by the protracted period of historically low interest rates – as capital spending, retail sales, housing and autos founder further.
With U.S. Real GDP growth dropping to +1% to +2% in the first half of 2019, inflation remaining stubbornly high (especially of a wage-kind as the labor market remains tight) and with cost pressures unable to be passed on, the threat of recession intensifies.
By the third quarter of 2019 U.S. Real GDP turns negative. Tax collections collapse as government spending continues to rise. The budget deficit forecasts are lifted to over $2 trillion.
The U.S. falls into a recession in the last half of 2019 – followed by a lengthy period of stagnating economic growth and higher inflation (stagflation).
A dysfunctional, non-unified and discombobulated Europe also falls into a recession in 2019 – with significant ramifications for U.S. multinationals that populate the S&P Index.
U.S./Chinese trade tensions push the global economy down the hill as the year progresses and GDP growth in China comes in below +5.0%. The IMF reduces it’s global economic growth forecast three times next year.
S&P per share earnings fall by over -10% in 2019.
2) The Federal Reserve Pauses and Then Cuts as Currencies and Interest Rates Swing Wildly:
It’s a wild year for fixed income and currency volatility.
The Fed cuts rates in 3Q2019 and by year-end announces that QE4 will commence in January, 2020.
The 2018 tantrum in Italian bonds is just a precursor for hissy fits throughout the European bond market as the ECB is no longer expanding its balance sheet and tries to get out of NIRP.
The BoJ throws in the towel on their drive for higher inflation. The Japanese bond market sees sharp selloff.
During 2019 the yield on the ten year U.S. note falls to 2.25% before ending the year at over 3.50% as the selloff in European and Japanese bonds and the announcement of QE4 drive our yields higher. Gold falls to $1050 before ending the year at over $1700.
3) Stocks Sink:
Though the third year of a Presidential cycle is usually bullish – _it’s different this time._Trump confusing _brains with a bull market_ can’t fathom the emerging Bear Market. At first he blames it on Steve Mnuchin, his Secretary of Treasury (who leaves the Administration in the middle of the year). Then he blames a lower stock market on the mid-term election which turned the House. Then he blames the market correction on the Chinese.
The S&P Index hits a yearly low of 2200 in the first half of the year as the market worries about slowing economic and profit growth and a burgeoning deficit/monetization. The announcement of QE4 results in a year end rally in December, 2019. In a continued regime of volatility (and in a market dominated by ETFs and machines/algos), daily swings of 1%-3% become more commonplace. Investor sentiment slumps as redemptions from exchange traded funds grow to record levels. The absence of correlation between ETFs and the underlying component investments causes regulatory concerns throughout the year.
Congress holds hearings on the changing market structure and the weak foundation those changes delivered during the year.
Short sellers provide the best returns in the hedge fund space as the S&P Index records a second consecutive yearly loss (which is much deeper than in 2018).
As the Fed cuts interest rates the US dollar falls and emerging markets outperform the US in 2019.
I, like many, are concerned about corporate credit (See Surprise #8) and though credit is not unscathed, it is equities that bear the brunt of the Bear since they are below credit in the company capitalization structure.
Bottom line, after a steep drop in the first six months of the year, the markets rise off of the lows late in the year in response to this shifting political scene (the decline of Trump) and a reversal to a more expansive Fed policy – ending the year with a -10% loss.
4) Despite the Appearance of the Bear, FANG Stocks Surprisingly Prosper (Both Absolutely and Relatively) as Investors Seek Growth (at any cost) In a Slowing Economy – Facebook’s Shares Rebound Dramatically:
While there is a growing consensus that FANG will lead a Bear Market lower – that is not the case as growth, in a general sense, is dear and cherished by market participants next year. Among FANG, Facebook‘s shares have a reversal of fortune (and is the best performing FANG stock) as the company announces aggressive management changes and moves to remedy the misinformation trap.
As more previously unrevealed information reduces her valuation, Sheryl Sandburg’s special status as a female leader (in a seascape of men at Facebook and in industry) is questioned. In the first half of 2019, Sandberg becomes a sacrificial lamb and is sacked – and is forced to lean out after leaning in.
At the suggestion of Warren Buffett (who has accumulated a sizable stake in the company), former Board Member Donald Graham is named as the new, independent and Non-Executive Board Chairman of Facebook.
This unexpected move encourages FB investors to believe that the company is quickly moving to fix its multiple data and privacy issues.
Fewer (than feared) Facebook members opt out and growth in usage resumes in the back half of 2019.
FB’s stock popularity (and market capitalization) increases as it becomes a more dominant holding in “value investors” portfolios – the shares trade above $200/share late in the year.
5) “Peak Trump” – the President Bows Out in His Pursuit of a Second Term:
The President’s dismissal of the murder of Washington Post reporter Jamal Khashoggi is seen as delivering tacit support to Saudi Arabia’s MBS – it is a pivotal turning point in Trump’s popularity and ultimate reputational decline in 2019. _“Pay enough and you can get away with murder”_ becomes the mantra of the Progressive Left. Trump acceptance by his Republican party peers quickly diminishes as they are further worried about his motivation to side against the findings of his own intelligence department. After Trump’s personal dealings with authoritarian and autocratic countries are revealed in the Mueller probe (along with possible emoluments violations), Trump’s popularity fades further as Lindsay Graham and other prominent Republicans repeal their support and denounce the President.
An anti-imperial rebalancing is mounted, in which a more assertive Congress brings the country back into constitutional equilibrium.
Though the public and political leaders (even on the right)_ increasingly reject the President, there are no impeachment efforts by the Democrats. Instead (and surprisingly), House Speaker Pelosi (recognizing that constructive steps are the recipe for a Democratic 2020 Presidential win) exacts discretion and stops the Democrats from moving on an impeachment in the House. Democratic leadership turns to reforms and a torrent of new legislation in the areas of improving the environment and climate control (and the halt of growth in fossil fuel by the development of alternative energy programs), the opioid crisis, education, crime, voting rights, healthcare and prescription drug prices, immigration, etc.- showing the electorate that their Party can demonstrate the framework for a positive agenda, a vision and a social contract (and can rule instead of obstruct).But, most importantly… With real GDP turning negative in 2019’s second half, Democrats attempt to replace Republicans’ supply-side economics with a smarter theory of growth. Recognizing just as inflation and other ills opened the door for criticism of Keynesian economics in the 1970s, so have inequality and disinvestment done the same for critiques of supply side today. In 2019, the Democrats turn the table on the supply-siders and give a voice through thoughtful proposed legislation (making the affirmative case for the Democratic theory of growth geared to raising wages and putting more money in the hands in working- and middle-class people’s pocket and investing in their needs). Americans enthusiastically embrace this alternative (of how the economy works and grows and spreads prosperity) and reject and defeat the long standing Republican economic narrative – seeing it as a better way to spur on the economy_ (than giving rich people more tax cuts)._ Asking the question _“has it worked for you?_” and given the fairy tale of added revenue from growth (and the widening hole in the deficit),_ rampant inequality, the fear of being bankrupted by medical catastrophe and massive student debt obligations Democrats provide a practical alternative to cutting taxes for the rich and decreasing regulation which has failed to unleash as much innovation and economic activity that was promised by the Administration. The legislation, which puts more money in middle class pockets, defends and supports the notion that the public sector can make better decisions than the private sector. Referred to as the _“middle – in economic bill,”_ is cosponsored by a leading, conservative and respected Republican member of Congress and begins to gain bipartisan support in Congress, driving a stake through the supply-side’s heart.
Despite his loss of popularity (which plummets to 25%)_ and the push back from the Republican establishment, Trump declares he is still planning to run for President. Nevertheless, a challenge from Senator Mitt Romney (who’s motto is “Make Republicans Great Again”_) gains steam as McConnell, Graham, Kennedy Et al. throw their support for the Senator.
As Trump’s problems multiply, Romney becomes the heavy favorite to defeat Trump in the Republican primary.
Recognizing a sure election defeat, by year-end the President announces that his medical team has disclosed a health issue and he is advised not to run for office. _Reluctantly, _Trump agrees and bows out of the 2020 Presidential race late in the year.
The Trump mantra of “Make America Great Again” i_s replaced by _“Make Economic Uncertainty and Market Volatility Great Again.”#MAGA/#MUVGA
6) The Year of the Woman:
With a Trump withdrawal from 2020 the election is wide open.
The arc of history influences the Democratic Presidential nomination march and the leading candidates that emerge for 2020 are mostly women. The potential contenders include progressive firebrands like Elizabeth Warren, Stacey Abrams, Kristen Gillibrand and Kamala Harris, and moderates like Senator Amy Klobuchar and Rhode Island Governor Gina Raimondo.
Michael Bloomberg, Howard Schultz and Joe Biden bowout from the race by year end 2019 By year-end, Klobucher, Harris and Warren surface as the three leading Democratic Presidential candidates.
It appears that an all women Democratic ticket (President/Vice President) is increasingly likely.
Nationally, several high profile sexual harassment suits are disclosed. Allegations against a number of well known television, other entertainment and political icons/leaders serve to reinforce the candidacy of the above women who aspire to gain the Democratic Presidential nomination. After Congressional hearings, non partisan and strict harassment legislation are introduced forcing several well known male politicians to resign from office.
7) A New (But Old) Shiny Object Appears As A Stock Market Winner in 2019:
Bitcoin trades close to $3,000 in December, 2018 and spends most of 2019 under $5,000 (as numerous trading irregularities, thefts and more frauds are exposed).
England’s Financial Conduct Authority (FCA) takes the lead, in instituting a comprehensive regulatory response to regulating the crypto currency markets. The U.S. follows by imposing broad-based crypto currency regulation in 2019.
A leading business network (who’s bitcoin “bug” has become the new cover of magazine contrary indicator!) faces a class action suit for their seeming encouragement in buying into the asset class in their too frequent broadcasts during 2018. Several crypto currency guests who were prominent on the network’s coverage are indicted for fraud. In an agreement with regulatory authorities, the biz network’s programming is reconstituted.
Marijuana stocks, after a weak final few months in 2018 (are down by over 50% from their highs), explode back to the upside reflecting a quickened pace of alternative health applications. (MJ) is the single best performing exchange traded fund and (TLRY) makes another move to $300/share.
8) Private Equity, High Yield Debt and Leveraged Loan Problems (Which Have Doubled in Size Over the Last Ten Years) Emerge as the Resurgence of Leveraged Finance Comes to An End:
Private equity, in particular, the biggest winner in the decade long cycle since _The Great Decession of 2007-09,_ suffers – and so do the endowments at several prestigious universities. Covenant- lite financings in junk and leveraged loans – often in opaque and complex structures – topple under the weight of loan defaults. (HYG) (last sale: $83.17) trades $75-$80 as redemptions spike.
Publicly-held private equity shops (KKR) and Blackstone (BX) are among the largest percentages losers in 2019, High yield bonds fulfill their characterization as “junk,” and are among the worst performing asset classes. The spread between junk bonds and Treasuries more than doubles – widening dramatically during the summer months.
9) The China/U.S.Rift Intensifies as Trump’s Anger Shifts Towards That Region:
The trade war with China goes into full effect with 25% tariffs. Walmart (WMT) is adversely impacted and its shares fall by -20% from the recent highs. The Chinese retaliate against major American brands like Apple (AAPL) . _(“Peak Apple” actually happens and its shares fall below $125/share)._Peter Navarro resigns.
A major cyber-attack against the U.S. financial system, who’s source is initially not diagnosed, is ultimately reportedly to have been delivered by China. The U.S. enters a cold war with China that resembles the emergence of the cold war with Russia in 1948 – it becomes clear it will be lengthy, nasty and unfriendly to the trajectory of worldwide economic growth.
10) Bank Stocks Are Surprising Winners in 2019:
Despite some pressure in net interest margins (and income), sluggish loan demand and a pickup in loan losses – bank stocks (and EPS) are surprisingly resilient and manage to have a positive return next year as better relative EPS growth is supported by aggressive buybacks and (starting) low valuations. Investors look forward to a recovery in economic growth in 2020-21 and bank stocks (flat for most of the year) have a vigorous move in the last few months of the year and are one of the few sectors to advance in 2019.
Oil stocks, depressed from the late 2018 crude oil price fall also recovery mightily in the later months of 2019 as the price of oil advances coincident with dovish turn in monetary policy.
11) Tesla’s Problems Shift From Production to Demand to Financial:
Tesla (TSLA) loses its tax subsidy in the U.S. and in the Netherlands (a large market for them).
European competition grows.
Europe doesn’t allow the Tesla Model 3 due to safety reasons. The Chinese won’t let an American company have video data over millions of miles of roads and bans Tesla. Lenders balk and access to the public debt market evaporates. The company’s financial position deteriorates and its credit default swaps widen dramatically.
An accounting “issue” surfaces – and it morphs into an accounting fraud. Elon Musk, who has leveraged his TSLA equity holdings, faces margin calls and is forced to sell Tesla shares.
After being rushed to the hospital after an overdose, Musk leaves his CEO post to enter drug rehab.
12) Berkshire Hathaway (BRK.A) (BRK.B) Announces the Largest Takeover in History – The Transformational Acquisition of 3M for $150 billion.
13) Amazon (AMZN) Makes a Bid for Square (SQ) but Alphabet/Google (GOOGL) Eventually Acquires Both Square SQ and Twitter (TWTR)
14) With its Share Price Consistently Trading Under Its Book Value During the First Few Months of 2019, Goldman Sachs’ (GS) Partners Take the Brokerage Private in a Leveraged Buyout at $238/share.
15) Brexit Happens: The world continues and the pound is the best global currency.

Here Are 5-“Also Eligible” Surprises:

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My Collection of information for when someone states where does Bitcoin, or Crypto-currencies derive their value

Let’s start with some basics first then we can move forward. Your question is where does Bitcoin derive its value from? Well that is a multifaceted answer. Its Utility creates the demand, plus it has a relatively high scarcity, but that is an over-simplified answer. A few other factors need to be addressed. The first point is the security of the block-chain, and the second is the openness of the block-chain which is derived from the public ledger. It literally records every transaction for public records which are available to any, and everyone to review. This allows it to stand up to public scrutiny, and a thorough technical analysis.
We will start here for you. This is the basis of the whole concept.
A Block-chain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, block-chains are inherently resistant to modification of the data. A block-chain is defined as an open, distributed ledger that can record transactions between two, or more parties efficiently and in a verifiable, and permanent way. For use as a distributed ledger, a block-chain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.
Block-chains are secure by design and are an example of a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been achieved with a block-chain. This makes block-chains potentially suitable for the recording of events, medical records, and other records management activities, such as identity management, transaction processing, documenting provenance, or food traceability. The invention of the block-chain for bitcoin made it the first digital currency to solve the double spending problem without the need of a trusted authority or central server. The bitcoin design has been the inspiration for other applications. Block-chain also has incorporated the Merkle Tree, and Fast Merkle Trees. A Hash tree or Merkle tree is a tree in which every leaf node is labelled with a data block and every non-leaf node is labelled with the cryptographic hash of the labels of its child nodes. Hash trees allow efficient and secure verification of the contents of large data structures. Hash trees are a generalization of hash lists and hash chains. Demonstrating that a leaf node is a part of a given binary hash tree requires computing a number of hashes proportional to the logarithm of the number of leaf nodes of the tree; this contrasts with hash lists, where the number is proportional to the number of leaf nodes itself. Hash trees can be used to verify any kind of data stored, handled and transferred in and between computers. Currently the main use of hash trees is to make sure that data blocks received from other peers in a peer-to-peer network are received undamaged and unaltered, and even to check that the other peers do not lie and send fake blocks. Suggestions have been made to use hash trees in trusted computing systems. Hash trees are also used in hash-based cryptography.
Hash trees are used in the IPFS, Btrfs and ZFS file systems (to counter data degradation), BitTorrent protocol, Dat protocol, Apache Wave protocol, the Bitcoin and Ethereum peer-to-peer networks, the Certificate Transparency framework, and a number of NoSQL.
Whether you understand it, or not we will be moving more to this as a standard for all most all industries. Yes, the United States is looking at getting rid of Social Security numbers in favor of your identity being stored on the block-chain, in fact it is already in the works as they are in the research of feasibility stage.
What you need to is familiarize yourself with the following regarding block-chain protocols.
Proof of Work (POW) A Proof of Work is a piece of data which is difficult (costly, time-consuming) to produce but easy for others to verify and which satisfies certain requirements. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated. Bitcoin uses the Hash-cash proof of work system.
One application of this idea is using Hash-cash as a method to prevent email spam, requiring a proof of work on the email's contents (including the to address), on every email. Legitimate emails will be able to do the work to generate the proof easily (not much work is required for a single email), but mass spam emailers will have difficulty generating the required proofs (which would require huge computational resources).
Hash-cash proofs of work are used in Bitcoin for block generation. In order for a block to be accepted by network participants, miners must complete a proof of work which covers all of the data in the block. The difficulty of this work is adjusted so as to limit the rate at which new blocks can be generated by the network to one every 10 minutes. Due to the very low probability of successful generation, this makes it unpredictable which worker computer in the network will be able to generate the next block.
For a block to be valid it must hash to a value less than the current target; this means that each block indicates that work has been done generating it. Each block contains the hash of the preceding block, thus each block has a chain of blocks that together contain a large amount of work. Changing a block (which can only be done by making a new block containing the same predecessor) requires regenerating all successors and redoing the work they contain. This protects the block chain from tampering.
The most widely used proof-of-work scheme is based on SHA-256 and was introduced as a part of Bitcoin. Some other hashing algorithms that are used for proof-of-work include Scrypt, Blake-256, CryptoNight, HEFTY1, Quark, SHA-3, scrypt-jane.
Proof of Stake (POS) Proof-of-stake (POS) is a type of algorithm by which a cryptocurrency block-chain network aims to achieve distributed consensus. In POS-based cryptocurrencies the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e. the stake).In general, a proof of stake algorithm looks as follows. The block-chain keeps track of a set of validators, and anyone who holds the block-chain's base cryptocurrency (in Ethereum's case, ether) can become a validator by sending a special type of transaction that locks up their ether into a deposit. The process of creating and agreeing to new blocks is then done through a consensus algorithm that all current validators can participate in.
There are many kinds of consensus algorithms, and many ways to assign rewards to validators who participate in the consensus algorithm, so there are many "flavors" of proof of stake. From an algorithmic perspective, there are two major types: chain-based proof of stake and BFT-style proof of stake.
In chain-based proof of stake, the algorithm pseudo-randomly selects a validator during each time slot (every period of 10 seconds might be a time slot), and assigns that validator the right to create a single block, and this block must point to some previous block (normally the block at the end of the previously longest chain), and so over time most blocks converge into a single constantly growing chain.
In BFT-style proof of stake, validators are randomly assigned the right to propose blocks, but agreeing on which block is canonical is done through a multi-round process where every validator sends a "vote" for some specific block during each round, and at the end of the process all (honest and online) validators permanently agree on whether or not any given block is part of the chain. Note that blocks may still be chained together; the key difference is that consensus on a block can come within one block, and does not depend on the length or size of the chain after it. This is what Ethereum is moving to later in 2018.
Advantages of POS over POW No need to consume large quantities of electricity in order to secure a block-chain ( it's estimated that both Bitcoin and Ethereum burn over $1 million worth of electricity and hardware costs per day as part of their consensus mechanism). Because of the lack of high electricity consumption, there is not as much need to issue as many new coins in order to motivate participants to keep participating in the network. It may theoretically even be possible to have negative net issuance, where a portion of transaction fees are "burned" and so the supply goes down over time. Proof of stake opens the door to a wider array of techniques that use game-theoretic mechanism design in order to better discourage centralized cartels from forming and, if they do form, from acting in ways that are harmful to the network. Reduced centralization risks, as economies of scale are much less of an issue. $10 million of coins will get you exactly 10 times higher returns than $1 million of coins, without any additional disproportionate gains because at the higher level you can afford better mass-production equipment. Ability to use economic penalties to make various forms of 51% attacks vastly more expensive to carry out than proof of work.
Delegated Proof of Stake (DPOS) Delegated Proof-of-Stake, on the other hand, works slightly differently. It is a more efficient PoS algorithm altogether, and seemingly provides more decentralization when it comes to issuing stake rewards to more people. Moreover, DPOS provides reliably confirmed transactions on the networks that implement this technology. If it were to be added to bitcoin at some point, it could potentially speed up transaction times, even though it would add inflation to the ecosystem as well.
Under the hood, DPOS uses a reputation system and real-time voting to achieve consensus. To be more specific, a panel of trusted parties has to be established, with all of its members eligible to create blocks and prevent non-trusted parties from participating. Delegates, the parties responsible for creating blocks, are unable to change transaction details. However, they can prevent specific transactions from being included in the next network block. This seemingly requires a fair bit of trust, which makes the concept look far less appealing.
However, there is a caveat. Any transaction not included in the next block, or a block failing to create, will mean the next network block is twice the size. In a way, this prevents malicious intent to block certain transactions or blocks being created in the allotted time period. All it does is perhaps slightly delay said transaction or block, but it is seemingly impossible to prevent inclusion and creation in the long run.
Moreover, anyone who behaves in a nefarious way will have their behavior exposed to the public. Community members of the DPOS-capable currencies can vote to have said person removed as a delegate altogether. It appears as if cheating under DPOS rules is not only impossible, but it is not in anybody’s best interest to do so either. It is equally possible to have more or fewer delegates as part of the network, although that may not necessarily be beneficial either. It is always possible to change the number of delegates, though, which is an important factor to keep in mind.
It is also worth mentioning delegates in a DPOS ecosystem are paid for the creation of blocks and inclusion of transactions. However, the delegates can use these funds to pay for marketing or lobbying efforts, which benefit the exposure of the cryptocurrency network as a whole. Network stakeholders determine how much delegates are paid for their efforts.
Delegated Byzantine Fault Tolerance (dBFT) The dBFT (Delegated Byzantine Fault Tolerance) algorithm
Consensus is about trying to maintain one version of truth. Over time we have transactions that we want to record in this ledger (book of truth). Because block-chains run decentralized around the world, and they receive different transactions at different times, they can often disagree about what is truth.
The key is to get consensus one way or another, otherwise all sorts of bad things can happen (double spending).
dBFT Delegated Byzantine Fault Tolerance is a fancy and cool name for a solution to getting eventual consensus under certain conditions.
The condition is really simple: as long as less than 1/3 of bookkeeper nodes are BAD actors, you can get eventual consensus and everyone is happy.
That's the main thing to remember, and I'll explain why 1/3 and not 1/4 or any other fraction.
An Analogy - Painting the walls A King has decided to paint the walls of his castle. He's decided it is either going to be Green (G) or Black (B). He doesn't mind which of the two but he wants consistency throughout the kingdom. And he wants all of his sons and daughters to agree on the color.
So he calls his four painters to come over and sends a signed message to his sons and daughters: I am getting my painters to redecorate my walls. I am torn between Green and Black. To resolve this, I want you, my beloved sons and daughters, to agree on the color and tell my painters and they will paint my walls. As soon as a painter hears from you and you can prove that 2/3 of my family agree on a color, she will start painting that color. Good luck.
The painters are all contactable by any of the sons and daughters. However, due to fighting between the family, the sons and daughters don't all talk to each other directly. Instead they pass messages between them. They all connected, just not directly.
Some of the family is evil and they want to get at least one of the painters to paint the wrong color. The family discuss and decide on the following protocol: 1. The oldest member of the family is elected speaker. He or she will communicate the chosen color with their signature.
Everyone will communicate that color to everyone else (until everyone is informed.) along with their signatures. If you hear from 2/3 of people the same color, then you can call any or all of the painters and tell them. If not, wait for some time and then elect the next oldest member as the speaker and repeat.
These signatures are magic and cannot be forged, and also are without a doubt proof that the person did sign it. Proving consensus protection.
With this setup, we can now prove that as long as less than a 1/3 of the family are evil, it is impossible for any of the painters to get a different message to the others and thereby paint the walls inconsistently.
The proof goes like this. Imagine that the evil members of the family belong to a secret clan F and have managed to insert themselves in between the other family members such that the rest of the family is split into two groups, R1 and R2. R1 members can talk to each other and to F but they can't talk directly to R2. And the same for R2. So F is in control here as they can control what information flows from R1 to R2 and vice versa.
In order for them to exact chaos, they need to get 2/3 of the signatures (including theirs) to be Green and Black. Remember, they can sign Green and pass that message to one person and also sign Black and pass that message to another person.
The next bit is really easy. In order to get 2/3 of the signatures, we need the size of F and R1 (the number of people in those two groups) to be >= 2/3 of the total. We also need that to be true for F and R2. That way R1 members think that it's green (for example) and the other group think it's black and they tell the painters and it all goes wrong.
However, because F is less than a 1/3 (remember, 2/3 people are honest), then it's impossible for BOTH F+R1 and F+R2 to be >= 2/3 x N. By using the fact that F+R1+R2 = N (the total number in the family) and a bit of algebraic rearrangement, you can prove that to get two separate consensus you requires F >= 1/3. Ta da - that's impossible as F < 1/3.
dBFT doesn't guarantee consensus in the sense that it's possible the messaging network is broken and people just can't talk to each other. But it gives protection guarantees that if you do reach consensus you can't then reach some other different consensus later. As long as the bad actors are less than a 1/3 of the bookkeepers (the Family), then everything is all good. This is the important part of ensuring the integrity of the system going forward.
Now that we have stated that You will need to read about the following.
Consensus Nodes (Bookkeeper Nodes) *See dBFT section
Master Nodes *See Full Node, but used in a POS block-chain. These also pay out fees to you for running a Master Node.
Full Nodes These are usually POW block-chains
Full nodes download every block and transaction and check them against Bitcoin's core consensus rules. Here are examples of consensus rules, though there are many more:
· Blocks may only create a certain number of bitcoins. (Currently 12.5 BTC per block.)
· Transactions must have correct signatures for the bitcoins being spent.
· Transactions/blocks must be in the correct data format.
· Within a single block-chain, a transaction output cannot be double-spent.
If a transaction or block violates the consensus rules, then it is absolutely rejected, even if every other node on the network thinks that it is valid. This is one of the most important characteristics of full nodes: they do what's right no matter what. For full nodes, miners actually have fairly limited power: they can only reorder or remove transactions, and only by expending a lot of computing power. A powerful miner is able to execute some serious attacks, but because full nodes rely on miners only for a few things, miners could not completely change or destroy Bitcoin.
Nodes that have different consensus rules are actually using two different networks/currencies. Changing any of the consensus rules requires a hard fork, which can be thought of as creating a new currency and having everyone move to it. Consensus rules are different from policy rules, which specify how a node or miner prioritizes or discourages certain things. Policy rules can be changed freely, and different nodes can have different policy rules. Because all full nodes must use exactly the same consensus rules in order to remain compatible with each other, even duplicating bugs and oddities in the original consensus rules, creating a full node from scratch is extremely difficult and dangerous. It is therefore recommended that everyone who wishes to run a full node use software based on the reference client, which is the only client guaranteed to behave correctly.
At minimum, a full node must download every transaction that has ever taken place, all new transactions, and all block headers. Additionally, full nodes must store information about every unspent transaction output until it is spent. By default full nodes are inefficient in that they download each new transaction at least twice, and they store the entire block chain (>60 GB) forever, even though only the unspent transaction outputs (<2 GB) are required.
Again to give you a slightly different over-simplified answer Bitcoin’s value is derived from the energy it cost to run the block-chain whether its coal-powered, hydro-powered, natural gas powered, or nuclear reactor-powered electricity.
Will Bitcoin be replaced by another block-chain as the reserve standard? Well it’s a possibility, but not likely any time soon. Most new Alt-coins are here to Compliment Bitcoin. Why do I say this? Well the goal is a Decentralized Smart Economy with the least amount of Centralized control possible. The Lightning Network integrates Bitcoin, Litecoin, and Vertcoin.
Bitcoin has 21,000,000 coins when they are finally fully released. This requires ASIC Miners a rather expensive, and specialized Computer. The block times are ten minutes. These for the older versions will still run about $20,000. It may have changed a little since I last looked, but the cutting edge ones will be much more.
Litecoin has 84,000,000 coins when they are finally fully released. This requires ASIC Miners a rather expensive, and specialized Computer. The block times are 2.5 minutes. It’s an improved clone of Bitcoin.
Vertcoin has 84,000,000 coins when they are finally fully released. The average Joe can mine this with a good graphics card. The block times are 2.5 minutes. It’s an modified clone of Litecoin.
Ethereum Is a Smart contract platform. It has many uses cases. Too many to list. This will be moved to a POS block-chain.
NEO Is a Smart contract platform. It has many uses cases. Too many to list. This has a lot of things in common with Ethereum, but at the same time it doesn’t. This uses the dBFT system, and has more common programming languages for Smart Contracts.
ARK this is a Smart Bridge ecosystem. It’s aim is to build bridges to other block-chains. Its aim is to be the hub of this new block-chain economy. Ark has bridged to Bitcoin, and also to Ethereum. They have plans for NEO, and Monero as well in the future. ARK has many other use cases I haven’t discussed, and don’t have time to right now.
These very originally made to compete with each other, but have found ways to coexist, but are also still be competitive with each other at the same time. I have kept this section short. I could spend many more pages writing about these Cryptocurrencies, and many more. These are the building blocks for the Smart Economy.
This is what Bitcoin, and all of the Alt-coins were brought about to fix.
· People used to pay each other in gold and silver. Difficult to transport. Difficult to divide.
· Paper money was invented. A claim to gold in a bank vault. Easier to transport and divide.
· Banks gave out more paper money than they had gold in the vault. They ran “fractional reserves”. A real money maker. But every now and then, banks collapsed because of runs on the bank.
· Central banking was invented. Central banks would be lenders of last resort. Runs on the bank were thus mitigated by banks guaranteeing each other’s deposits through a central bank. The risk of a bank run was not lowered. Its frequency was diminished and its impact was increased. After all, banks remained basically insolvent in this fractional reserve scheme.
· Banks would still get in trouble. But now, if one bank got in sufficient trouble, they would all be in trouble at the same time. Governments would have to step in to save them.
· All ties between the financial system and gold were severed in 1971 when Nixon decided that the USD would no longer be exchangeable for a fixed amount of gold. This exacerbated the problem, because there was now effectively no limit anymore on the amount of paper money that banks could create.
· From this moment on, all money was created as credit. Money ceased to be supported by an asset. When you take out a loan, money is created and lent to you. Banks expect this freshly minted money to be returned to them with interest. Sure, banks need to keep adequate reserves. But these reserves basically consist of the same credit-based money. And reserves are much lower than the loans they make.
· This led to an explosion in the money supply. The Federal Reserve stopped reporting M3 in 2006. But the ECB currently reports a yearly increase in the supply of the euro of about 5%.
· This leads to a yearly increase in prices. The price increase is somewhat lower than the increase in the money supply. This is because of increased productivity. Society gets better at producing stuff cheaper all the time. So, in absence of money creation you would expect prices to drop every year. That they don’t is the effect of money creation.
· What remains is an inflation rate in the 2% range.
· Banks have discovered that they can siphon off all the productivity increase + 2% every year, without people complaining too much. They accomplish this currently by increasing the money supply by 5% per year, getting this money returned to them at an interest.
· Apart from this insidious tax on society, banks take society hostage every couple of years. In case of a financial crisis, banks need bailouts or the system will collapse.
· Apart from these problems, banks and governments are now striving to do away with cash. This would mean that no two free men would be able to exchange money without intermediation by a bank. If you believe that to transact with others is a fundamental right, this should scare you.
· The absence of sound money was at the root of the problem. We were force-fed paper money because there were no good alternatives. Gold and silver remain difficult to use.
· When it was tried to launch a private currency backed by precious metals (Liberty dollar), this initiative was shut down because it undermined the U.S. currency system. Apparently, a currency alternative could only thrive if “nobody” launched it and if they was no central point of failure.
· What was needed was a peer-to-peer electronic cash system. This was what Satoshi Nakamoto described in 2008. It was a response to all the problems described above. That is why he labeled the genesis block with the text: “03/Jan/2009 Chancellor on brink of second bailout for banks.”. Bitcoin was meant to be an alternative to our current financial system.
To answer you on if this is a bubble. I personally do not see it that way at the moment. There will always be corrections in Crypto, or any field of Investing. Yes we have seen an unprecedented meteoric rise in cryptocurrencies there will be severe corrections in the future, but there will not be a ninety-nine percent crash like you are stating unless there is another Great Depression, or severe economic collapse. Cryptocurrencies are currently the greatest potential wealth equalizer around the world.
submitted by Dobsie2 to CryptoCurrency [link] [comments]

Transcript of George Webb Video Series Part 308 "Hillary's Leakers, Hackers, and Henchmen" [@Georgwebb / #HRCRatline]

  • {{ 911: NOTE: I'm going to give up on transcribing videos so carefully with back and forth with Taskforce. She's too low volume to get autotranscriptions and also too difficult to understand in some cases, and both of you talk very quickly so I can't type it up, sorry. I just can't do it. You produce too much time of video. I might just pick out unique entities and list them in these long live videos, since that's what we're after }}
  • Day 175.1 Cohen-Pinchuk Raid Just Gives Up More Clinton Oligarchs - YouTube
    • It's day 175
    • And Daily Caller gets credit for being the first alternative media site to be first out with a real reason for the raid on Trump's lawyer's office Michael Cohen's office
    • And that is to try to dig up dirt on Trump
    • This is the hundred and fifty thousand dollar donation to Trump's charity
    • And of course it ignores the millions of this Ukrainian oligarch's contributions to the Clinton Foundation, which is the same MO that we've seen over and over:
    • Accuse someone else of what you did only make sure that there is at least some shred of evidence {{ Party of Projection }}
    • And this is going to be the key from here on in
    • And thank God Bob Mueller keeps exposing Hillary's Ukrainians and Hillary's Russians
    • And Bob Mueller is actually doing a good job of not only exposing Hillary's Russians and Hillary's oligarchs and Ukrainian oligarchs, but also they're hacking teams, and also [exposing] the MO of using hacking teams to steal money for these oligarchs
    • So this is the gift that keeps on giving with Mueller
    • Now, admittedly he's doing it by accident
    • But in no way do we want to stop Bob Mueller from doing what he's doing
    • Now, there's other folks that said isn't this CrowdStrike really covering their hacking teams?
    • Crowdstrikes hacking teams are called the "Bears"
    • There's different hacking teams usually in teams of 12
    • The Cozy Bears [are] maybe the Awans
    • The Fancy Bears maybe Suschin
    • And there's about six hacking teams at that Trump just threw out of the country is
    • Were they the hacking teams of these millionaires?
    • Is Trump gonna go after all the millionaires and all the millionaires hacking teams?
    • We don't really know that yet
    • But what I did was I put together a quick playlist for all these different entities
    • So that people could get up to speed on who these different entities and aking teams are
    • Or just do a quick refresher
    • So if you don't remember Victor Pinchuk
    • And the Brooklyn Nets etc there's a quick playlist there if you don't remember CrowdStrike and they're role in the DNC
    • And their role really through this the last almost well let's see 20 years either as a corporation or as a loose confederation in cabal inside the FBI, then you have that
    • And then of course Deripaska will add other ones as they come along
    • Friedman certainly will come along
    • Pinchuk will certainly come along etc as well as
    • Now, we also can kind of do threads of playlists through all the different videos we've done with the NGA and different departments
    • And Deep State actors that the that these players that this kind of McCabe Brennan cabal used to destroy people, either through surveillance or what have you
    • And I've created playlists for them
    • Of course there's an Epstein playlist
    • PDD-62 is this idea of using surveillance to crush people
    • So there I created a playlist there
    • EB-5 is the way of getting resources into the country, to man your surveillance etc
    • And then you can go all the way down here to even Uranium One etc
    • To understand how machinations of these criminal actors go
    • And finally I would say there's some ugly attacks yesterday from other YouTube channels as well as other folks that potentially are related to me
    • And all I would say there is did we expect any different?
    • Do we expect that these these conspirators, this Brennan McCabe cabal wouldn't have actors and a voice
    • And actress to act out what they've actually already said in private
    • That they've already said it in in writing to destroy the careers of FBI agents...
    • The ugly attack against Robyn Gritz yesterday was really nothing more than giving voice and action towhat McCabe has already done to Robyn Gritz administratively
    • So it is ugly as it was at least we all saw it for the ugliness that it was
    • And it really was almost a complete recapitulation of Andrew McCabe's actions toward Robyn Gritz
  • Day 175.2 Atlantic Council - What Can Our Crowdstrike Bears Hack For You Today? - YouTube
    • It's day 175
    • And this is part two
    • And a lot of people say Oh George you're trying to be this white knight--rushing to every damsel in distress that needs help
    • Robyn Grit and others--all the female reporters in in Turkey
    • And Syria with Serena Shim, and Shiba Gardi and Vanessa Beeley--Eva Bartlet etc
    • well I'm going to be fair
    • And even-handed today to talk about Irina Chalupa one of the key conspirators she's a woman from the Ukraine, or the key conspirators in the Trump Russia narrative
    • Her sister--if it really is her sister--Alexander Chalupa who is a operative for the DNC
    • She's the one who keeps dropping the Chalupas in Obama's lap
    • Saying oh by the way Mr. president were full flight into and surveillance campaign
    • Do you want us to go public with it and leak it to the press, or do you want to sign off on it?
    • And so your choice is basically a John Brennan embarrasses your administration with yet another leak or you can go ahead and sign this paper here on August 29 2016 Mr. president
    • This has been Brennan and a Clapper and Hayden used these women over and over
    • Again, to do their dirty work they hide behind them
    • They're cowards of course, so they make the women be the brave ones
    • Here's Evelyn Farkas
    • Again, yet another apparatchik among us in the State Department
    • And Department of Defense that wants Trump investigated
    • She was the foremost fixer if you will in Ukraine
    • And these folks all know each other well from the Atlantic Council
    • So here she is Evelyn Farkas she may have remember herself uh outing herself on MSNBC saying hey I'm one of the key conspirators in the Russia-Trump hoax
    • So you keep going here Susan Samantha Power
    • Of course Cass Sunstein sends her in
    • The 260 different on maskings in a breathtakingly short period of time: two months
    • Evelyn Farkas was the one who said let's get as much as we can, dirt as we can, as fast as we can, let's collect it all
    • So rou literally everyone wearing wingtips in Washington got in in New York anybody, associated with Trump, or Trump's babysitter's: were all tapped
    • This is going to be the most embarrassing of that in our country's history
    • It's going to make water well in the words of calls from this is 30 water gates I think it's more
    • But FBI director Kallstrom may it hit it on the head this is 30 watergates
    • But what I like to do is drill down, and say what unites all these folks?
    • Where do they all meet?
    • They all meet in Washington DC over 15 on 15th Street not far off Pennsylvania Avenue at a place called the Atlantic Council
    • And the International Advisory Group to the Atlantic Council is where I always go when I want to get the dirt
    • Here's Viktor Pinchuk here he is making oil deals he was a member of the Ukrainian Parliament
    • But he's a always giving bribes $100,000 bribe $250,000 bribes
    • And it's rinsed through the Atlantic Council
    • Now, Rupert Murdoch's office is oh it's also on that council
    • And also on that Advisory Board
    • His office just got raided
    • Is that why they raided?
    • It is it really CrowdStrike trying to clean up the mess it's a really crowd strike trying to strike the crowd yet again?
    • Here's Ernie Moniz for us to part of energy some people call him earnest money money Tom onna ties
    • I think Eric Shinseki of VA a lot of folks go into the Democratic positions
    • Here of courses Hagel going into deep DoD Greenberg
    • I'm sure that's a person that's related to Mr. Greenberg of are good friends of microloan Fame down in Asia
    • So if you go through here it's just really
    • Here's Edelman the PR firm that kind of destroys different groups with it's sort of a Fusion GPS a domestic Fusion GPS
    • I think the pipelines was the last time they really got involved
    • But basically these groups are adept at destroying opposition political opposition, destroying people, much as Fusion GPS does all over the world
    • And of course here you've got general Clapper on this board
    • Now, you're gonna have a lot of influence George Soros
    • And all the other SEIU Beetles
    • And of course Carl Bildt
    • Here's our Carl Bildt organizing the invasion sort of a MAVNI for Europe sort of bringing in all these operatives these trained Military Intelligence operatives gangs if you will or trained trained Gladio teams into Europe
    • So there's Carl Bildt
    • Everything that you would want on one on one team to put it all together
    • This is the list of people buying pay-to-play overseas from the US State Department
    • And of course it wouldn't be complete without Madeleine Albright
    • And her shadow Secretary of State which is Hillary Clinton
  • Day 175.3. Task Force Sources McCabe Home in Chappaqua Four Months Before MSM - YouTube
    • The orientation is locked
    • So you'll have to see more of me
    • And less of Chicago good morning Chicago
    • So obviously we're downtown
    • And we had some big successes this morning
    • Task Force has a right to claim big success
    • The Thomas Paine article is out
    • (Rahm? Rahm? It looked like Rahm my hip we have the nurse's outfit on again.)
    • (I do have the Bitcoin we're gonna go down to Daley Plaza we're gonna try to get him to Bitcoin I sure hope he's there)
    • So Thomas Paine is out with a big story today about the two decades well actually a three decade relationship between Hillary Clinton and McCabe
    • But this one is--oh by the way look at my look at my t-shirt "spy ring in Congress"
    • This is made by Bernie Bridges
    • And Bernie Bridges told me this morning she's taking all proceeds of anything that she sells and donating it to someone you know and love
    • So anyway hey everybody
    • So if you haven't heard the big news today, the story of that Task Force did and we did
    • But Task Force found it
    • I did a story December 2nd 2017 about Andrew McCabe living right down the street from Hillary Clinton
    • I published photographs
    • I said I don't think Andy actually lived there much
    • I think was the spy house it was the hacking house to defraud HEY
    • Defraud or scare the living bejesus out of different people in New York
    • Threaten them with SEC action in order to take their businesses away from them
    • Or they could use soft power
    • Soft power is getting Hillary Clinton a campaign contribution
    • This is for Senate!
    • This is for Senate
    • 1998
    • The house was in Chappaqua in 1998 you can read Thomas Paine's article about that four months later now
    • Now, it has come to his fact-checking network of FBI folks
    • And X FBI folks there's a network folks
    • Like I said way back when there's a network, and it's real
    • And now, when people see this corruption for what it really is that this has been
    • And again, Thomas Paine said three decades
    • If you go back three decades I still say Andy was the one who went into the evidence cage for the going all the way back 1996
    • I want to say for the Oklahoma City bombing investigation
    • I believe the current ODNI chief is Dan Coates
    • I believe he was the running now
    • The Congressional committees on that they had reprisals against Dan Coates
    • But you're gonna find Andy was a guy who went into the evidence cage
    • I'm gotta say 1997 there was a there was an FBI whistleblower at the time
    • And I can't remember his name
    • But I printed several times when I do if you go to my PDD 62 playlist it's in there I list all the whistleblowers over
    • And over when I list the PDD 62 documentation
    • So if you want to go there you can find it I'm gonna do a lot more playlists because there are there are
    • So many gems like this which just totally blow up the narrative
    • And I'm talking about taking down the whole narrative, with just one fact
    • Hey they've known each other and been neighbors for two decades
    • Jill McCabe as well living right there
    • And Andy didn't disclose it
    • And he did not disclose right James Comey put out you got to get it now, because it is going to get taken down from from Twitter
    • The one ninety know this isn't the one ninety these aren't the one hundred ninety whistleblowers
    • This is the this is Andy McCabe buying a home in Chappaqua just down the street
    • It's got all kinds of cables running out of it
    • I said this this is hacking team hacking team hacking team
    • Was that where the Awans started? We don't know
    • WWas that where Suschin and the fancy bear started?
    • We don't know, but we now know that I told four new viewers they probably don't remember me talking about when I worked at McAfee
    • Or we were taking we were a company taken over by McAfee--Network General I worked there in 1999
    • And there was a hacking team of 12
    • Russians from Moscow
    • They worked in the weapons they worked in cyber weapons in Moscow
    • Now, I've talked about this a lot
    • People have forgotten it
    • But go back I'll have to do I have a CrowdStrike playlist--you can watch kind of going back all the way
    • But I said these guys are they're making viruses! in order to sell antivirus software, at the end of every quarter!
    • It was a criminal activity
    • Bill Larson was a CEO
    • Bill I'm calling you out as a criminal!
    • I reported a channel stuffing at the end of quarter
    • I got nice I got set up real nice for that
    • That's 1999 that was the first team of 12
    • Now, I don't know if there was teams of 12 before that or teams of 12 after that well there obviously was a lot of teams of 12 after that
    • Trump just kicked six teams of 12 out
    • But getting back to the McCabe we don't know if the hacking team was there I don't think it was a nice enough house to be honest with you--you got to talk really loud though because that the bus is that I know I mean Chappaqua is a very small community
    • And I know it's in a community of like 1,400
    • And it's something like you have to look at true pundit's article this ago 1,400 kind of elite community a mile from Hillary Clinton's house her house is probably very nice I'm assuming
    • So I don't know I know he's sold or resold
    • And refinancet it also in 2013 I have those documents and
    • So there I don't know the condition of that house or its value
    • I know what he sold and resold it for
    • I don't know what that money from 1998 to 2013 what happened during that time
    • G: the timing to me makes sense to having a hacking team house like at Awan type house for the run-up to Senate
    • And of course going up against Joe John F Kennedy John F Kennedy jr. right that's why she they move to chat they John house in Chappaqua to specifically establish residency what you have to have to run for Senate
    • She was the first lady John F Kennedy jr. was running as that New York Senator
    • And they bought a house in Chappaqua to run against him
    • And prevent him from winning that seat
    • And then that's when his plane somehow fell from the sky
    • G: right right
    • And the reason why he sold it in 2011 to a Burgess to its 2013 to purchase to a Burgess removed from the database well it's that's alright it's it's still out there the story is still out there Peter purchase
    • But it mister NBC CBS or whatever
    • And he's--NOC buddies right I don't want to say any did the we had anything to do with--JFK jr. by the way I don't want to say that I just said few Task Force just talking about timing
    • But what we do know is
    • And I'm sorry about the portrait here I wanted the landscape
    • So you can see Chicago not well I guess you get to see spy ring in Congress
    • But the patterns the patterns the modus operandi is what's important here the hacking teams of 12 the safe houses
    • The thousands of wires running out
    • The removable hard drives the thumb drives
    • All this stuff was was worked out in the Senate campaign way before they ever got to Washington
    • Then they sell the house after Hillary's in the Senate twice for the run up for the presidency
    • She doesn't want to run for Senate
    • Again, she wants to be president
    • So they sell the house in 2013 to Burgess
    • And cash out--and some NOC fund, some CIA NOC fund caches Burgess out
    • And then they come to Washington
    • So it that's a big story today
    • And that's a huge story
    • And we got to do more playlists that pick up a lot more of Jenny's stuff a lot more Taskforce stuff--the problem is is I got used to introducing you by your fake name to different people and
    • Now, I got
    • Now, I've got the bug
    • Now, I got the other fake name
    • So there you go
    • So anyway there's lots of stuff
    • So we're gonna have to go through
    • And we did the Deripaska I did the Deripaska that's the derringer coming out of the pasta
    • We all these guys all these guys go back to Prokhorov
    • Pinchuk
    • Deripaska
    • The original 12 Andy Andy comrades running Kompromat all go together
    • So Prokhorov was the guy who was going to launder the money through the sports teams
    • Pinchuk was the more the oil energy kind of guy
    • They did minerals through Deripaska through ???
    • They had they had a funnel for all the drug for weapons business they had
    • And their selling of the secrets they had funnels for all the different ones all the different Russians represented different money laundering funnels
    • Do you want to add to that?
    • TF: I just want to give a shout-out to Thomas Paine
    • And True Pundit because it's amazing article people should try to find in read
    • And we will read retweeted out he's just that Thomas Paine
    • And true
    • But it is great great investigative work
    • And people really need to follow that
    • So yeah that is a good shot
    • And he did say something about the attorneys
    • I mean the Inspector General living in that neighborhood
    • And I didn't think Horowitz lived in that neighborhood
    • The Inspector General has ER Doc's so
    • Now, how does the Inspector General leave this out Comey sent out a blanket email to all the FBI saying there's no conflict of interest here in McCabes
    • And know how to Clinton's right no conflict of interest oh well I forgot to mention my kid mows their yard
    • And we're we're close enough to--borrow cups of sugar from each other, you what I'm talking about sugar--
    • And Jill McCabe's a doctor there I don't know she brings sugar to the party
    • I'm not saying she seems like a very nice woman
    • She seems like a very nice woman caught in a horrible horrible thing
    • And Hillary it's always the same thing
    • Hillary always takes it to the next level there are no limits for Hillary
    • McCain stopped at dirty weapons
    • Comey stopped at dirty weapons
    • Hillary does not stop at anything to win she does not stop at anything
    • So we're gonna go down we're gonna try to get Rahm
    • And we'll talk about the network of people she built in the United States with the help of Andy to sell to get this Bitcoin
    • We'll talk about that in a little bit--that's gonna come out
    • But for right now, we got to get Rahm his Bitcoin we'll see you a little bit
  • Day 175.4. Rahm-Com - YouTube
    • Orientation is locked again, oh well
    • well here we are sorry about the portrait orientation
    • We've got the Picasso oh there you can obviously see that they made modifications to the back part of it
    • They've spring-loaded all the wiring
    • And they've made the law advance started up here now,
    • And I'm here with Task Force the band everyone asked what the heck did he get all that Bitcoin?
    • Well if you kind of line all this stuff up
    • 1998 late 98 when the house is bought, when Andy McKay buys the Chappaqua house right right
    • And I'll try to get more of Rahm in here and less of a spy ring in Congress is when all this stuff happens
    • You have a hacking team that goes into Chappaqua to extort money which we will be coming out and talking about
    • But it's the group out in the Long Island house for the SEC
    • I was in New York for a couple of years
    • And we had I had a building I was in a building where the SEC enforcement division was just out of coincidence
    • And there so we had a hacking team of 12 up there
    • Then we had a happy team go into Congress right about the same time right
    • we had Rahm Emanuel go into Congress in 1999
    • We had Anthony Weiner going to Congress in 1999
    • And it kind of became the foundation of this let's just call it the "Bitcoin kids"
    • The Bitcoin kids
    • This is before Bitcoin
    • But I'm just saying a lot of times when you get money from illegal operations beyond the dark weapons beyond even things that have the color-of-law, you need to hide it in into things like Bitcoin
    • So I'm gonna just set the stage here for for why things happen the way they did
    • Hillary moves to the Senate in 2002
    • TF: right well after Bill and Hillary leaving the White House
    • Number one Rahm Emanuel was part of Bill Clinton's White House
    • So people need to remember that way back
    • As was Podesta--they were both inside the White House very close very close and
    • So Hillary then decides to she's going to run for Senator, simultaneously as she's leaving as first lady
    • So she needs to establish residency in order to represent, you have to establish residency
    • So they buy the house in Chappaqua we're in the same year were ending McCabe is first located in Chappaqua at a house down the road
    • JFK jr. was running in that Senate position
    • And that New York's in a position Hillary decides to buy house now, and she would have to explain the reasons why she chose there
    • But she chose there to run in that district to run against JFK jr.
    • We all know what happened I don't know I'm not getting into all that
    • But we all know what happened to JFK jr.
    • And in that election, when JFK jr. unfortunately passed away, Hillary Clinton won that Senate seat
    • And became on the Senate Armed Services right out of the White House
    • Now, do you think the Chappaqua house could have been a reminder of like Chappaquiddick, because they do sound so similar
    • Like, remember what happened your brother at Chappaquiddick?
    • John-John, right you might want to sit this one out?
    • I mean maybe there's a little bit of a--a little bit of a WINK threat there shuttle going on subtlety's?
    • Well we do know that we did a story about this December 2nd 2017
    • And there was a fire at the Chappaqua house, right?
    • About a day or two later
    • I remember at the Hillary's chef Hillary's Chappaqua house
    • We did the story of December 2nd and that which is breaking big now
    • And there was a fire right at her house right maybe a day later yeah maybe a day later
    • So you could check the records for when there was a fire at the Chappaqua house
    • Now, it just so happens I when I went to Chappaqua with a thumb drive, this is gonna start getting more relevant
    • I hope we weren't on camera that whole time?
  • Day 175.5. Chicago RiverWalk Live With Task Force - YouTube
    • {{ RAW transcript only with autoreplacements }}
    • You're not familiar with Chicago you've kind of got the bridges in a little bit higher level
    • And then just on the other side of this wall here is where Bernie Bridges works with all of our homeless quite a bit of homeless just right here on the other side Bernie Bridges is out on her bridge on the Kennedy today talking about working with the spy ring in Congress
    • So we've got that a spy ringin Congress shirt Bernie Bridges will sell you a spy ring in Congress shirt if you want to inspire a in Congress shirt Bernie Bridges is your girl
    • So here we are with Task Force I know it's gonna be a little bit windy down here by the river
    • But it's worth it if you're over here Task Force I think we're good
    • And then you can speak right into the microphone here
    • So let's just go through a couple of the well first of all congratulations on your success today today I know how it feels to be well I don't be humble I know how it feels to be in the middle of a story
    • And then when this story goes big this happen with me with a hard drives I think you're having your hard drives moment--where you go for 200 days people don't believe you don't believe you from for you as a little bit shorter is about four months
    • But then vindication came today when people did discover that Andy did have a house of Chapel right yeah I think--just doing putting all the research in there's a lot of documents
    • And stuff that you're trying to weed out
    • And figure out what's most important
    • And you stumble upon something like that
    • And you tried it I be I've tweeted it I sent it I to about a thousand different people how many people I sent it directly into people inside Washington people don't believe it could be possible
    • And then when it breaks something big it's like just it works--in the ends the research pays off
    • And the most important part is the truth that's what we're all about
    • So
    • And she's very humble about it
    • And doesn't want it wants the credit Thomas Paine really for verification because it's really those FBI agents that have retired that want the best for the FBI that really do kind of make the story because they verify it they sure that the truth is going out there
    • And it kind of as that final fact check not not from just--regular people who--who are suppressed kids who want to get to the next self-congratulatory oh by the way we're right under Trump Tower here not just those kids
    • But real real Intelligence service professionals who can say yes this is exactly what happened
    • And this is I mean they're trying to bury it already right they're trying to bury the story already things like that you know
    • Again, I just I give a shout out to Thomas paper being up there
    • But also to Robyn Gritz
    • And him
    • Again, I'm gonna mention her name she's the one that stood has stood up against the ending McCabe we have a spokesman out there I hate spokesman yeah seems like fund me
    • And support her
    • And in her battle as she she's taking on the system Thomas Paine's another guy that's been a part of that
    • And I wanted to say about Robin I mean she's not gonna be like oh I'm gonna go away she's gonna be a part of the solution--she's gonna
    • And I don't want to say too much more on that
    • So let's go to the bombing most people don't know we are have a raging bombing campaign right
    • Now, they think there's Trump sitting on his hands right well there were Navy Navy fighter jets whatever sins
    • And they bombed a bunch of what was originally called Taliban synthetic labs which is basically where you're--taking the opiates
    • And processing them in those areas
    • And then it's kind of come out more honest is this Western Afghanistan or Eastern
    • I'm not exact locations
    • But it's coming out--more
    • And more really running those labs
    • And where is that stuff coming from it it's Catholics in action right the damn Catholics
    • Again, are running these drug labs in Pakistan would create a lab wait I think it's the I think it's the cars International League right cars Internet Inc has got I did not realize they had the resources to create labs--that's quite amazing so
    • Now, do you think Trump will just keep the bombing campaign going while he's kind of keeping the world in suspense that's about what he's gonna do on the other yeah I don't I don't know I think that was--trunks one of his main things was opiate the opiate--the problem in here in this country
    • And this is a big big big part of the story that people don't understand of how the opiates where they're coming from how its being synthesized in different labs
    • And where that's occurring
    • And why he's moms might be dropping on the labs to stop the opiates from coming in
    • And killing American people
    • And that's been
    • And that's been really covered up I mean we really haven't had a lot of coverage on that to be honest you really have to dig there are some like Navy Times
    • And people I mean it's hard to send kids--up in in to war
    • And the moms are all like I don't know
    • And them grandmothers
    • And the dads
    • And the brothers
    • And everything it's hard not to be honest--this gonna show up there's a lot of satellites up there you're gonna see the bombing and
    • So anyway I'm just seeing that comments for the first time they're close enough
    • So yeah well we'll try to get the comments as we go
    • So a couple other stories what do you want to cover a couple of other stories that seem to come to mind the only other thing I would say is that we didn't we try to cover earlier we got to we didn't get a chance to win load about the soldier we were out in daily square
    • And yeah
    • And a soldier who has served his country in Afghanistan just to hear on a patriot who has followed George from the first days came up
    • And said hey scrunchie recognized George
    • And we got a chance to shake his hand or he knew you to though you knew Task Force yeah I knew
    • So yeah
    • So it was a great chance to meet him
    • And he asked him what we could do better what would be most helpful
    • And he said you need to have a Chicago whistle doe whistle blower Sunday like you do in DC because they're supporters they want to talk so
    • Now, I am just quite shocked that we have not had a ROM siren or ambulance a lot of people are calling it the Romulans we have not had a Romulans since we've been down here
    • Now, roms got to get out of the city at some point doesn't he I mean he's you think it'll be my fire truck--with that booster seat or do you think it'll be a rambling
    • So Romulus probably gonna be lots of diversions right you might have a Romulus going one way with a fire truck
    • And a booster seat going another way and--all different diversions
    • So no one can really follow that yeah rom worked pretty close to state
    • And lake
    • So if you want to try to get the Bitcoin we survive we're still are
    • Now, we
    • Now, we hear Mark Zuckerberg may be delivering a lot of Bitcoin
    • But in hand delivering a lot of Bitcoin in Congress today what is your take on you watch a little bit of the testimony what should I watch the testimony mostly yesterday that on the senate
    • And my take was first of all that when they did it's the statistics of how many of the people questioning mark zuckerberg had actually taken cash for more exact reverse our Facebook's company it's a little hard to question
    • And fire off appropriate questions
    • And you can look at Thomas Paine's article on that
    • And fire off tough questions about what's happening with data in the selling off of data when you're actually taking money from the company yeah I think it was like 30 or 40 Senators had taken
    • And almost all that sherry had taken money from him
    • And a like big chunk some money like half a million dollar chunks right before he goes on to the Senate testimony as like they're not even separating pay-to-play with the conjunction to just pay play pay play--it's almost like one word
    • Now, in Washington
    • But I'm kind of glad I'm out of Washington to be honest with you yeah it's actually wonderful to be out here with the people that this is these are the great people great American patriots whether they're veterans or bernie bridges or just--people that are trying to do what's right by our country
    • And get it back to the rule of law
    • And ethics
    • And morality at all
    • Now, now the big news is we knocked out we knocked Paul Ryan of the he's retiring I think he knows the Racine story's coming we're still gonna do the Racine story Paul because we get it's not it's bigger than you
    • But Paul nellen
    • Now, becomes the front-runner in that race s
    • So I think our time in Milwaukee was well spent what are your thoughts on on Paul Ryan yeah well I think it's a little it's probably shocking everyone that he's deciding to resign not shocking to me
    • So are you ready to drop your connections between Paul Ryan
    • And Andy McCabe yet or no no I think we're gonna go to Racine
    • And we're gonna do some investigating there information that we have that may be the ghost signal to start sending right ramya lenses in all directions that may be your go signal go ahead I'm sorry
    • So yeah I just think we're--we're gonna go to spend some time in Racine
    • And tell some stories that need to be cooked cold or gay at least get some information out there that people can start doing some research because racing is a big important part of what's going on in our country well just like Hull House are my objective isn't to make any judgments it's just to go to the places--film around it show the metadata
    • And then people come up with all kinds of stuff
    • Now, your whole house is gonna be moved oh oh
    • we don't know that for sure
    • So all right well we're gonna leave that
    • So what other news you want to cover there's probably a couple more Senators a couple more Congressmen then I won't be running for reelection seems like a lot of people just serve at the Blues
    • But--not wanting to run for reelection
    • And I'm gonna it's going to be very curious to find out their reasoning which I think will come out at a later date
    • And time about why they chose or whereas yeah
    • So I'm gonna take questions here for a second as our as our ACOG oh cab goes by our Chicago water taxi--I want to see a little bit about--Bobby Rush Bobby Rush was commenting with Mark Zuckerberg
    • And we've been in a couple of different Senate meetings where people will mention COINTELPRO
    • And they'll say Oh COINTELPRO
    • And then
    • And we don't run that anymore
    • And we always have a chuckle on that one that's what Hillary restarted with Andy McCabe in 1998 you're gonna find that this whole process that we've been talking about McCabe maybe not rahm emanuel because he comes in a little bit later
    • But the whole thing with p tech
    • And the whole thing with mueller was to cycle up Sibel Edmonds is reporting a lot on this I don't know why anybody else doesn't
    • But to cycle up
    • And restart COINTELPRO much much more surveillance much more surveillance from the sky that's our NGA that's why we talk
    • So much about the NGA that's why the Larry Clayman suit for me that's why we created a playlist for an GA because it's not only about the metadata of you walking of you making a phone call while you're walking up
    • And down Riverwalk
    • But it's actually geo-locating you here
    • And then being able to go back with a d-wave type computer a quantum type computer
    • And actually replay your life replay your life see where you error every minute of the day
    • Now, I believe in the criminal justice information system
    • And that's in Clarksburg Tennessee that's run by a guy named Burrell who was in the Washington field office the counter-intel office with all of his friends like Shawn Henry
    • And Adrian Hawkins
    • And of course Andy McCabe
    • And Bill Priestap here in Chicago they actually have a d-wave
    • And they can reconstruct any put person walking along here
    • And their time
    • So all murders could be solved today they just don't want to let on that they have this time capability Burrell's company is called temporal data systems
    • So that's that's what it's all about
    • So anyway I'm gonna take a few questions here as we go
    • And if you can think of any other news items what am I aware of do all caps what am I aware of somebody has said is somebody's history temporal data systems yes that's Burrell's company we have a spokesman for a McCabe that we normally see at this point along the way who's using every possible Federal agency to point out the fact that I was correct with the diplomatic cover the diplomatic containers shipping their Uranium games Uranium One as well as other games [Music] Silva's
    • So I think that maybe eat it we I normally can expound a little bit more
    • >>>CONT
submitted by 911bodysnatchers322 to TruthLeaks [link] [comments]

Transcript of George Webb Video Series Part 217 "Hillary's Leakers, Hackers, and Henchmen" [@Georgwebb / #HRCRatlne]

  • Day 41.2 Russian Group K Container Missile System - Gulftainer Partner - YouTube
    • This is Day 41 this is part two and this is a club K Club K container
    • And it is good for firing missiles
    • These stand up missiles here can just be lifted and hoisted and then fired
    • And this is the company that deals with Gulftainer
    • This is the Russian company a Russian company makes this club K missile system that goes in a normal container, and it is a joint venture
    • I did not realize this until this morning, but Dick Morris had an alert out where he said, "club K was a part of this deal"
    • I said it would be arms in one direction and I said it would be drugs coming in the other
    • Drugs coming in two different ports, the arms are going to be going out other ports
    • I think the arms are actually going to be going out Port Canaveral important Port of Tampa
    • But here is the arms piece of the deal
    • If you're a let's say your Nigerian Minister security of Minister or whatever Defense Minister, you just put these all around your port, and it hidden in plain sight and you're ready to go at any time
    • Civil insurrection or whatever
    • And if you are in power in in a Middle Eastern country where there's a population that may become Restless at any point, Yemen or wherever, this is an easy way if you're a General Grange or someone like that to get arms there for cruise missile capability in containers
    • Hidden within hundreds of other containers and I'll just play the animation here so that you can see the club K system
    • Now Bill Clinton got five million dollars when this Gulftainer deal was done
    • And the Gulf teener deal was negotiated by not only Jack Lew, but also by Rahm Emanuel [Music]
    • {{ war sales commercial }}
    • So all these are sort of Alden things needed for an invasion like a Zero Footprint in Libya or a Timber Sycamore command centers a Timber Sycamore in Syria or Timber Tupelo and Turkey
    • So I think you get the idea that this is if you were organizing an Isis support mechanism for ships, trains, trucks, of course Otaiba owns a trucking line, but let's not forget that--our UAE ambassador
    • This is the kind of animation I want to do for the Awans going into the Rayburn office building
    • So I'm gonna just leave it right there for right
    • Now and then go to some comments speaking of the Awans,
    • And the comment I always like the most challenging comments, because they're the ones that really stimulate critical thinking
    • There's a comment about special toner that I want to get back to
    • But here's a good comment, "George what you're saying is the article they stole a computer system to create an alternate software platform"
    • If you don't remember the articles the New York Times talking about this DHS hack of the inspector-general
    • And it turns out that--the employees are trying to create a new system for the inspector general
    • Wouldn't that be great, if you had all different 30 inspector generals on your system with a Palantir-PROMIS backdoor--wouldn't that be great if that was written by the Awans
    • So again, it just points more to the Awans to me this comment
    • But he's saying, "well--if they just picked up government equipment how can you be so sure like there there was no charges filed? It seems like a slap on the wrist. It doesn't really seem that big of deal. Andre just gave some BlackBerry's over to a government agency. It came out to his rented home a few phone calls. How is that such a big deal?"
    • Well that's not--three different Intelligence agencies came out
    • The NCIS came out to Andre Taggart's home
    • Also the FBI came out multiple times
    • As well as finally was relegated to the Capitol police after an investigation
    • I think you're also going to find that Department of Homeland Security is involved--it just was suppressed
    • We don't know that yet
    • But what we really do need to know is what is the name of the system?
    • What is the name of the system that was hacked?
    • I think it's gonna be the same system that Theresa Grafenstine uses
    • I'm gonna of course ask that interrogatories what is the type of system do you use
    • And I'm gonna also in my DHS lawsuit ask what type of system do you use
    • That's not proprietary information
    • We should know that
    • We should know who contracted was it Brillient that what wrote that system
    • We don't know the case management system that's a real key question
    • So this is the type of thing where you get a challenging question which is great
    • It causes more critical thinking it causes you to dive deeper which I which I love
    • The next one is by the toner--people saying the special toner--what Taggart mentioned a special toner
    • And then Byegone mentions here--here's the policy for toner cartridges with memory chips
    • Now what I had said about the special toner is there is a way with this ultraviolet printing that you can print hidden or--for you for a confidential eyes only type of print on a regular page
    • {{ 911: Bitcoin Paper Wallet --- QR Codes }}
    • So most of the page regular people can see but then there's signatures...the things would normally be redacted that you can you can bring out with with this ultraviolet paper
    • So that's why I said the special toner was used and you saw me produce a package of that ultraviolet from and I'm not sure what that is but by God mentions an interesting thing about the toner cartridges maybe having memory chips, which means that they could be--loading these pages that are being printed and then you could just hack the toner
    • You could just see what people are printing
    • That's just the simplest hack of all time and then just--and then just basically send the printed pages if they were about the one two three agreement
    • For instance usually people print things out before they go to the committee meetings
    • They print it out before the committee meeting they think it's being printed securely but it's being memorized to a printer
    • Now if you were really clever about this, you would delete lunch menus and things like that that we're bringing printed
    • And just store on those printed pages just the one two three type documents
    • Again, if I hadn't seen Raj Fernando on the International Security Advisory Board, if I hadn't seen Rahm Emanuel being involved so closely with the Gulftainer deal and all the UAE deals, and so closely involved in Imran's case
    • ...The memory, the Russian missiles going one way, the Hawala going the other way, it wouldn't be such a concern to me
    • But because you have all those things now this type of thing becomes a very significant a significant risk
    • And Byegone brings up a great point here--that that actually is something I don't know the answer to we need to find out
  • Day 41.3. Did Rep Steve King Say Something in 2007? Three Tresure Troves in Imran’s Backpack - YouTube
    • This is Day 41 part three behind me steve king steve king everybody knows steve king
    • Steve King is the representative in Iowa with Ames, Iowa I think it's Iowa one I want to say Iowa one
    • I believe in 2007 in the Foreign Relations Committee, he said the the Awans are a spy ring that are reading all of our mail
    • I haven't had anybody checked that yet
    • That's gonna be really important because if he's sounding the alarm if he's sounding the alarm in 2007 saying hey these the Awans are reading all of our mail
    • Who knows maybe you knew about the chip and the toner?
    • And they're they're also getting all the people that print stuff to printers Republicans and Democrats right not just what's on the caucus server but what's in the printer toner cartridge memory who knows
    • But if he's saying that 2007 and here we are 10 years later with the same spy ring in Congress--that seems odd
    • It seems like even during this period from February 2nd when the Luke Rosiak's article first broke, you would think he would step up and say, "hey wait a minute I remember these guys--I said something about this ten years ago"
    • I said something--if you see something you say something I said something
    • So I think it's in the Foreign Relations Committee I think it's Steve King I think it's the Awans I think he's saying, "Hey the Awans are looking at our email"
    • I don't think he knew about the printer memory
    • But I'm here today at the Supreme Court yesterday they heard carpenter carpenter versus the United States
    • This is the cell phone case of course they put up a criminal to defend it instead of a journalist who's challenging it
    • But this is one where if we say the cell phones when they started out 20 years ago couldn't do geolocation very well at all
    • They were basically to/from metadata
    • Now they've turned it now you can get into the phone you've got all your apps your people are saying fertility apps and all your goober and your banking and everything they can get everything just by getting in your phone now your phone is your life now
    • So that's what's at stake here digital privacy for the next--maybe 50 years
    • So it's a big case it is--there it is right over the border the Dred Scott border
    • Only this is the Dredd digital frontier it's right there right there
    • We're all Dred Scott now so we got to play this one right
    • So I haven't read the oral arguments yesterday I think the oral arguments get posted a little like a day later after the clerk's mark them up
    • And then the judges they really go into this kind of annotation phase, where they'll just ask a few questions and mainly just gather information gather the arguments, clarify the arguments of the attorneys, but they're not going to issue any opinions on that yet
    • But it should be interesting just to see what the oral arguments where
    • I haven't had time I did 19 videos for something like that yesterday
    • But that's going to be really interesting and the other thing that's going to be very interesting as the DHS hack
    • The DHS hack at I think it's going to be at that hack is that Hawkshead
    • It's the DHS hacks at Hawkshead
    • I think it's a DHS hacks at Hawkshead
    • The Hawkshead home in Lorton Virginia is I think where the raid was was where the DS DHS IG was
    • Why do I say that? There's I believe a friendship between Theresa Grafenstine and the inspector general--a long friendship between the Awans and Theresa Grafenstine
    • So that's obviously she knows what Nancy Pelosi: she appointed her okay
    • So I think there's a relationship there
    • And the fact that another Inspector General one of the DynCorp 30 backbone
    • Remember, Imran is playing video games with the one two three dot--mail.house.gov email with Andre Carson
    • He's playing video games with that person--DHS, okay?
    • So DHS is hacked
    • Who else got raided, who else got raided by DHS and 2 Intelligence agencies in early spring?
    • My initial working theory is Hina all of he pulls her kids out of school and goes to Pakistan in a rush with ten thousand dollars in cash
    • That's because something just happened
    • That's I think maze I want to say May third week of May are March third week of March
    • So I'm gonna say that the raid at the Hawkshead home happened maybe a day or two before that
    • And the reason why Imran comes over here to Imre to the building over here is to erase everything and make a backup so he could take the operation to Pakistan
    • I think the operation stays in Pakistan until July the 27th until he gets back here
    • When he he he's gonna believe and go again, with another set of disk drives and he gets arrested
    • We still don't know what was in his backpack at the airport--we don't know the contents of the backpack at the airport
    • We know the contents of the backpack on the April raid
    • I believe it one I found was the March raid the March DHS raid
    • We don't know the contents of the April raid
    • And we don't know the contents of Imran's backpack at the airport
    • Those are going to be key things for discovery as we roll forward
    • The backpack is really a triad
    • There's really three troves I got close to one of them with a witness of one of them
    • But there's going to be two other troves the capital police trove and then also the TSA trove out of the Dulles Airport
  • Day 41.4. Barrasso and Uranium One, Plot Thickens - YouTube
    • Day 41 the Senate is currently debating the tax bill
    • It looks like they're hopeful they may have something to take home for Christmas for their constituents
    • We don't really know the answer to that yet
    • You see a little bit of hedging going on Senator Barrasso from Wyoming was here a minute ago and he was talking about--consideration
    • And whenever I hear that word I think oh this means that they're not gonna they're not gonna vote for probably table it and look at it a little bit longer
    • I don't know if the constituents will be very happy with that given Congress's performance this year
    • It does look like this Uranium One thing is more than just a democratic issue
    • And more than just a Republican issue
    • It really cuts across both the Senate and House both parties
    • So it'll be interesting to see with brass those interests in Uranium One in and Wyoming and some of the other Senators and Congressmen and in with interests and other western states
    • Be interesting to see how this all shakes out
    • So we'll be here for the rest of the day or parts of the day for the Senate update vote
    • We'll also be interviewing other folks along the way on the Uranium One story
  • Day 41.5. Judge Chutkan Hears ACLU vs Mattis Habeas Corpus Case - YouTube
    • Day 41-year judicial report
    • You can see that there's a few press here waiting for potentially Michael Flynn
    • There's rumors swirling that Michael Flynn may show up in court today as well as other people such as maybe Carter Page or other people that were involved in the Mueller investigation
    • I was researching the Larry Clayman case
    • I had heard that he had filed on Mueller--turned out that it was an older case
    • But I saw a couple of cases between Larry Clayman and Judicial Watch one from 2006 one from this year 2017
    • Basically, the claim is still the same: Larry says I started the company from a volunteer office to a 28 million dollar operation in 2008, and Tom Fitton said--he was in the severance agreement--to bring somebody else in, and he still controls Judicial Watch 11 years later--Was interesting some of the stuff you find
    • I did look at all my cases for updates didn't really see any
    • There was an interesting ACLU case which is ACLU versus Mattis, being a secretary defense
    • He currently has a person that's been in held since mid-september in Iraq it was a U.S. combatant, supposedly fighting for Isis in Syria, that was turned over to the Secretary of Defense
    • And he's been held without writ of habeas corpus
    • The ACLU has requested that and they have not received it, which is unusual
    • Two months in that you don't have it right to an attorney right to defend yourself right to representation this is an interesting case because this normally when you hold on to a person this long, they have something, they have something in terms of Intelligence or there's got to be an Intelligence value to why they would be holding somebody over two and a half months without a writ of habeas corpus
    • Of course the last person that I remember being accused of suspending the writ of habeas corpus was Lincoln or ignoring it anyway in Maryland, when he took over the legislature in Maryland
    • But I was informed by the attorney that no it happened in World War two, during the out right after Pearl Harbor and it happened in right around the time after the Civil War briefly very briefly after the Civil War during occupation
    • {{ 911: not to make you wrong, George, but George W Bush did it also, couple of years after 9/11, so he could torture some folks }}
  • Day 41.6 Motion To Compel The Production of Public Documents. - YouTube
    • It's day 41 this is part six and sent it still talking away and Barrasso says they're gonna pass it by tonight
    • So we'll see
    • Motion to compel motion to compel motion to compel
    • Judicial economy
    • What I would love is just on this one comments about motion to compel just copy and paste all the motions to compel for the production of public documents
    • If I'm going to go ahead and give three weeks for all the respondents to respond again, after they've had kind of a year and a half plus they've also had a chance for a month and a half with their or two months and a half with their criminal case, I would like to just in the interest of judicial economy, get as much of the public documents as possible
    • So I want to file a motion to compel for public documents
    • Especially Fairfax County
    • Get all the unlawful unlawful imprisonment the full report
    • Get all the the beatings with no reductions on the street numbers...
    • Get all the police reports get the capital police reports for the night of the backpack incidents
    • So I've got a good I gotta use my prop the backpack
    • The backpack is April 6 the Capitol Police say they find it in April 6
    • Now Zero Hedge says, "well it was lost actually in late March or sometime in the spring and then the Capitol Police finally found at April 6"
    • No no no that's not how the Capitol Police work there they sweep every night they would find it I've been to the phone booth they would find it
    • So I think what happened is if he know I'll be left on March 6th and pulled her kids out, it's much more likely that that's the night the bag was intercepted
    • She grabbed her kids she went to the airport
    • Imran went to the Navy Yard to wait it out to see if he's going to get arrested or not
    • That would dive more with Andre Taggart's story of about a month before, and then moving out
    • I'm much more inclined now to think March 6 was the real date, the night that Hina goes to the airport is the same night they find a bag
    • Who in their right mind, if there's a theft and an Eagle break in to a network of the Congress would hang around?
    • Well I'll just hang around no I don't think so!
    • I think there is no reason to leave the country and pull your kids out of school unless something like that happens
    • So and she leaves--Hina Alvi leaves I believe on March 6th
    • And supposedly the night of the bag incident and on the on Capitol Hill over in Rayburn happens on April 6th
    • I wonder if they didn't just move it a month apart to just shard it and confuse everyone
    • It's much more likely that those two events would would be in sync
    • "Hey they found a bag, which has a hard drive, which has a laptop, which has a notebook incriminating you...let's get out of town": that makes much more sense to me
    • So fill this comments with motions to compel
    • I want to compel, especially those three police reports, the TSA reports at the airport for both when Imran left, and also Hina left as well
    • And then all the imprisonments and all the violent crime if there is any violent crime as well as all the tickets as well
    • I don't think the tickets are redacted
    • So that's not a problem but it's really those three beatings that I'd like to motion to compel with real dates, real police reports
    • It shouldn't be eyedropper through one person Pat Sowers or someone like that an intermediary with the Fairfax County Police police to one reporter which is Luke
    • Over a series of six months
    • These should be public documents available to all reporters and let people build their case from there
  • Day 41.7 Editing Videos 54-66, Taking Out Summaries - YouTube
    • This is Day 41.7 and I've been going through my old videos
    • And this is because we're coming up on day 54 from last year
    • And what I decided to do was start at day 54
    • I deleted 53 because 54 is really a good good one to start on
    • And the if you go through the video it really does a good job of kind of laying the foundation for you to watch the rest of the series
    • And it's got just a lot of these storyboard slides that have a lot of impact
    • And for people who haven't read Clinton Cash
    • Or people who haven't--spent a lot of time doing a lot of research, it kind of gets everybody on the same level
    • So I didn't edit this video
    • What I did was I because back when I did this series originally, and I just give me a couple ideas of some of these more summary slides
    • What I the thing I was so surprised with is how accurate everything is
    • And how relevant everything is till today
    • That's the one surprise
    • I was saying the FBI it was a spy ring way back then
    • And they were sort of funding Fusion GPS...and and at that time I remember how that was just an unheard of accusation
    • And now how with all the Fusion GPS and the FBI funding Fusion GPS and funding Christopher Steel and funding the Russian spies to come in and live in Maryland to do wiretaps and all the support McCabe has given the Awans
    • And that that relationship will continue to develop over time
    • What I didn't know--so that's the thing that I was very pleased with, I guess
    • Not this all the steps one two three four five here in the topple of Libya, Syria, Turkey was well known and well documented
    • This is Clinton cash had done a good job of it
    • What wasn't known at that time was the FBI's involvement
    • And this is a charge I had made from the first day in the series
    • But this the thing that after doing the Benghazi trial
    • And then I'm gonna point over here
    • I didn't realize how involved the FBI was in the planning of that
    • How many agents were actually there how many agents were actually involved in the cover-up of
    • Or I wouldn't say cover-up but just try to make it look like a bunch of cab drivers--all got together one night and did this thing
    • That's not what happened--it was an orchestrated FBI and CIA working together
    • I thought it was mainly CIA because of Petraeus, but what I've learned is in looking at all the people at the trial: they're all FBI people
    • So I think CIA was mostly involved in the planning but the follow up
    • The FBI was definitely there and that's the piece that I that I really didn't have
    • On subsequent videos what I did was since I was summarizing on a daily basis, what I did was kind of chop off the first three minutes or whatever two minutes of the summary
    • So that you could go right to the new thing every day I would add a new new slide about this second slide that was the idea I would do a quick summary and add a second slide
    • So what I did here is just jump to the second slide
    • So I'm taking about three minutes off of those I'll go back
    • Again, and do a flash-forward, but I just want to let everybody know I'll delete a video here and there and then combined in order to make this more of a series that you could just watch from beginning to end
    • And eventually as we keep kind of editing down it'll get more and more condensed into almost one movie at that to see at some point
    • {{ 911bs: KEEP YOUR ORIGINALS ALSO AS MASTER }}
    • That's all for right now and have a good day everyone
  • Day 42 - STX = Sports Transport Logistics? Does Business With Awan Sports in Sialkot? - YouTube
    • It's Day 42 and I have been in the process of going through a year ago videos
    • And I was surprised over and over again, of how early I had said Andrew McCabe was running a spy ring for Hillary Clinton
    • Mainly created out of a set of reprisals against people who voted for Bill Clinton's impeachment
    • But that degree has grown over the last 20 years into a larger and larger group of reprisals
    • Until recently now, we're seeing all these smears coming out against all these different Congressmen and Senators and news news personalities...for asking tough debate questions
    • So again, this is what I mean where the baby octopus doesn't get any better
    • The cancer doesn't get any better by waiting another 20 years
    • It just gets worse and what I didn't know at that time was that the Awans were recruited
    • They were brought into the United States through this inter-America program
    • The wink is "enter America"--it was a combined move with the CIA through this presidential decision directive 62, basically bringing in these teams, like you would a high school class, like you were to recruit basketball players or softball players or soccer players or cricket players
    • They're brought in in about 1998
    • Now the reason why I think they're brought in is for this thing called the National Nuclear Security Administration
    • The NNSA is created in 1999 to manage nuclear proliferation
    • It also manages Navy fuel the Navy nuclear propulsion program NNPP
    • Not the PP (peepee dossier), this is the NNPP the Navy nuclear propulsion program
    • Now does that sound familiar? Navy propulsion Navy nuclear movement of nuclear materials
    • And now also there's gonna be this company that transport logistics the company that does that movement of nuclear materials for this one two three agreement is also going to have a sports company
    • Now does STX mean sports transportation logistics sometimes an X is used in the business before a shorthand for logistics
    • So does STX equal sports transportation logistics?
    • Well it turns out that transport logistics does start a sports company, and it's started by this guy called for uh no (FORANO?)
    • Now it turns out STX sports does have a relationship with Awan sports in Pakistan
    • And these kids make soccer balls in Sialkot that northern area that northern drug area of Pakistan
    • So we're gonna look more into that but in order to administrate this one two three agreement the FBI gets involved in this
    • This was normally done wasn't done by a civilian agency before it was done by the CIA
    • So David Petraeus works with Andrew McCab,e and Mueller, Comey, McCabe etc
    • That's why they're at the center of this thing that starts in 1999 which is gonna be Uranium One
    • Now she remember it sailed through Uranium One sailed through in 2010
    • But actually it goes back through the Cepheus CFIUS process but actually goes back all the way to nineteen ninety nine
    • And if the scipiosCFIUS if you remember is uh is kind of intercepting
    • The first thing that this spy group does in 1999 is it starts intercepting the CFIUS investment proposals for people coming in investing in United States
    • And what I am saying is those get those get intercepted and get let out two other groups that will give us bribes and political favors
    • The next step and the two in the process is getting them an EB-5 visa get them into the United States
    • Three is to compromise them with either--give them the nice cars show them the nice girls
    • Jeff will help with that Jeff Epstein will help with that
    • And in the process will film them and low light cameras so that they'll always be compromised
    • So they'll basically become our agents for for the rest of time
    • Now I ask you if if Imran Awan didn't have state sponsorship, how would he be able to get away with twenty burglaries in Congress
    • How would he be able to have a secret server with be able to remove the hard drives...
    • Just doesn't stand a reason that he would be just charged with one originally he was just charged with one $123,000 bank fraud movement
    • Well the reason is we I went to this house and talked to Andre Taggart and found these hard drives
    • And that kicked over another investigation another FBI raid that occurred
    • This house and I believe it's gonna be the DHS OPM raid
    • And these are they're gonna be the hard drives and Blackberries and also government laptops I think it's gonna be four and twenty as I said before I think it's still gonna be four and twenty but whatever it is we're gonna find out
    • Again, if they didn't have spent state censorship how would they get 5100 legal legal logins
    • How did they be able to get away with having government equipment could not might not just be government from the Congress may also be CENTCOM may also be State Department
    • How else would they have the hundreds of suspicious activity reports and transfers
    • How else would they have one hundred and fifty doped iPhones
    • All these things would get you put away in jail for quite a long time if you were just a regular guy
    • As I mentioned hard drives are being made here there's lots of physical evidence I believe the toner is the cover to come in and out of these different government buildings
    • I think it's gonna be thirty different government buildings including the Penn Federal Credit Union maybe Federal Credit Union especially
    • There's gonna be three sets of evidence from backpacks
    • One Inauguration burglaries
    • Two the April sixth burglaries or whatever we get that
    • and then finally when Imran Awan leaves on the 27th
    • I think there's also going to be backpacks with the information
    • So we need all those from TSA from the Capitol Police and the Fairfax County
    • We need to get all those and I would like to probably do a motion to compel for those right now, if somebody has any advice on that
    • Again, we've done a lot of due diligence about what we're looking for, so the discovery is going to be precision
    • Here's Kwasi Mensa for instance
    • We're gonna want to see his personnel records
    • And then there's a lot of cases--we can't seem to find currently right now
    • I don't know how these would get expunged if you didn't have friends in high places
    • This case right here is for unlawful imprisonment
    • How many people--that have gotten away with unlawful imprisonment without any kind of sentence at all?
    • So there's the case number there here's the beating
    • And unlawful imprisonment over at the the Springfield Road drive the 6324 Thomas address
    • Again, you see here that the incident number has been blacked out
    • You'd have to have friends at Fairfax County
    • I'm not saying Freitag low light cameras
    • But you'd have to have somebody that you knew like Freitag
    • The beatings we have the beatings at Lachine the beatings over here at Manitoba
    • I'm not saying that this is the place where the girls are being held against their will
    • And this is the gang clubhouse, but boy it sure looks like it
    • Then of course we have Tagawa out there with the car parts in Eastern Maryland
    • Here is the case number there
    • We need to see these cases to see actually who filed these cases...
    • If they're expunged it shows that you've got friends in high places
    • Again, with a different civil suits
    • There's one two three four civil suits here
    • Again, how do you get away with this?
    • How do these get expunged, if you don't have friends in high places?
    • You'll notice an R&H trucking here like very much like an R&L trucking
    • R&H motorcars a lot of time if you're gonna do any illegal trucking operation, you'll steal the cars, and those become the cars
    • Then when you gradually start making money you buy trucks to get bigger trucks to get rid of the cars
    • So that's kind of a way of bootstrapping yourself in the trucking business
    • And then of course then we'll start with the interrogatories and start asking questions
    • Anthony do you know Imran?
    • Imran do you know Anthony?
    • Huma do you know Imran, etc
    • That's coming
    • And then of course these cases here which are 1 2 3 4 be Abid Awan cases
    • We like to see those against all these banks
    • These are credit and then of course all these hospitals Alexandria Hospital Alexander Hospital interval hospital
    • And then this Dulles Greene case here which is the involves imprisonment
    • Also need to see the credit union report from Kalyn
    • And we need to also see the detail amount of transfers from the suspicious activity reports
    • And again, we need to start looking into this STX and Awan sports and these shipments by Awan sports and soccer balls into the United States
    • And see if STX is picking them up
    • If Mark Lambert of STX sports transport logistics is picking these soccer balls out from Awan sports, I say that there's a connection between Imran Awan and
    • --Again, his dad owns the end controls or did control this contested area up in the Kashmir area and Sialkot was where the rice farm was
    • Remember we have bills of lading of Imran taking basmati rice orders in Baltimore
    • Baltimore is where Johns Hopkins is by the testimony of the Defendents that's where they said he went to school that's where Mark Lambert and that's where the trucking company is near the NSA and Fort Meade
    • So it's everything's kind of a concentration out there
    • The distillery is out there in Frederick Maryland
    • There's lots of stuff going on and trucking going to Bethesda near the Walter Reed Army Navy hospital
    • A lot of stuff's coming from the nuclear facilities and the enrichment uranium facilities from Paducah to Bethesda
    • Is that medical isotopes? We don't know. We just need to look more into this stuff
    • We have kind of a smoking gun
    • But here--it's what I'm talking about--the twenty four thousand boxes
    • Looks an awful lot like a ratline being shut down, and car parts being sent to to another country
    • You can see all these shipments by the Awan brothers here in the last--time while they were waiting to do trial
    • And then the car companies...
    • We have lots of documentary evidence that we need to look into
  • Day 42.2. Mike Flynn - Don’t Sign Pleas Deal - YouTube
    • The Flynn announcement is out
    • I mentioned that yesterday and of course it happened today
    • I didn't expect it this morning though we're heading down to 333 con right now 333 Constitution
    • There's word that he's there already these giving up his phone
    • There may be an agreement talk to Robyn Gritz this morning
    • I've talked to other people that are in communication with him
    • We urge Mike Flynn if he hasn't already agreed to a guilty plea to please consider an innocent plea
    • I even if they threaten your son whatever
    • The circumstances are if this is the McCade behind the curtains meeting if this is the famous McCabe hiding behind the curtains and then doing one of those little hey walk up ambushes
    • Just any well--I heard you had that meeting--with the Russian ambassador how that go?
    • Do not! That is entrapment!
    • Do not sign any agreements we urge you not to do that
    • McCabe we can prove an ulterior motive with Robyn Gritz with other professionals inside the FBI with reprisals
    • Please do not sign a guilty plea
  • Day 42.3. Flynn Takes Plea Deal - YouTube
    • NO Autocaptions
    • Michael Flynn Plead guilty on a 10 page plea agreement
    • Read his rights by Judge Contreras
    • Believe he'll be released at DC Courthouse
    • We believe McCabe threatened his son with Prosecution
    • We'll see if that's true or not. I doubt he'll be able to talk because of rule 37b in the federal procedures but we'll see if he'll answer that question
    • Many people at the last sec have plans of pleading not guilty but in the last moments they are threatened and they break and they sign a plea agreement.
    • That seemed to be the demeanor of Mike Flynn in the courtroom
    • {{ 911: "Lock him up" sign held by deluded alt-leftist in the back. People don't understand this situation, do they? }}
  • Day 42.4. Did McCabe Threaten Your Son? - YouTube
    • NO Captions
    • DC District court, waiting for Mike FLynn
    • {{ 911: Mike Flynn exits courthouse under protective guard and enters a vehicle and leaves. Dozens of people shout "Lock him Up, Lock him up". George goes another way with that... }}
    • G: Did Mccabe threaten your son? Did McCabe threaten your son? Did Mccabe threaten your son? Did McCabe threaten your son?
    • {{ Flynn drives away. Video ends. }}
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