Chatter from the Boards

[Hisler]

Report of an emergency Fed meeting …a closed door meeting that has been
called for the Board of Governors Monday Morning.
At 11:30 AM Oct. 3rd in Washington DC. They are obviously hoping to pull
something out of their hats…..
This is an emergency meeting. I think it could be pretty important for us.

Now this is being reported:

BANK OF ENGLAND HAS FALLEN and JUST CRASHED!
https://rumble.com/v1m0na8-bm-bank-of-england-has-fallen-and-just-crashed.html
--
"Build Back Better means Destroy More Quickly."

"Title 8, U.S.C. § 1324(a) defines several distinct offenses related to
aliens. Subsection 1324(a)(1)(i)-(v) prohibits alien smuggling, domestic
transportation of unauthorized aliens, concealing or harboring
unauthorized aliens, encouraging or inducing unauthorized aliens to
enter the United States, and engaging in a conspiracy or aiding and
abetting any of the preceding acts. Subsection 1324(a)(2) prohibits
bringing or attempting to bring unauthorized aliens to the United States
in any manner whatsoever, even at a designated port of entry. Subsection
1324(a)(3)."

"We have put together, I think, the most extensive and inclusive voter
fraud organization in the history of American politics." -Joe Biden

"C'mon man! If you didn't vote for me , you ain't black ." Joe Biden -

https://www.globalgulag.us

[Hisler]

On 10/2/2022 10:06 AM, Hisler wrote:
> Report of an emergency Fed meeting …a closed door meeting that has been
> called for the Board of Governors Monday Morning.
> At 11:30 AM Oct. 3rd in Washington DC. They are obviously hoping to pull
> something out of their hats…..
> This is an emergency meeting. I think it could be pretty important for us.
>
> Now this is being reported:
>
> BANK OF ENGLAND HAS FALLEN and JUST CRASHED!
> https://rumble.com/v1m0na8-bm-bank-of-england-has-fallen-and-just-crashed.html

On August 5, before Truss was 'elected', the Official Monetary and
Financial Institution Service, a think tank, had predicted what was soon
to happen:

If she wins, and enacts her promise of immediate tax cuts, the only safe
prediction is that sterling will crash. The pound’s fall on 4 August –
after the Bank of England raised its headline rate to 1.75% and warned
of 13% inflation and a protracted recession – delivers a taste of things
to come.
Britain’s combination of economic downturn and inflation is likely to be
as severe and possibly as long lasting as in the 1970s. Truss’s policies
are likely to make it worse. The idea of a bonanza amid stagflation is
not just bold; it is foolhardy.
..
Thatcher’s record shows she was determined to inflict pain before
rewarding the punters with tax cuts. Upon taking office in 1979,
Thatcher’s government doubled the rate of value added tax to 15% from
8%. She believed, rightly, voters had to accept hardship as a prelude to
facing up to economic reality.

If Truss becomes leader, she would follow the opposite course, with a
pliant chancellor (perhaps Kwasi Kwarteng, the present business
secretary) carrying out her bidding. Truss’s policy on tax cuts would
prolong the often bizarre nature of Johnson’s three year rule.

As soon as the deceased queen was buried Truss went to work. Chancellor
Kwarteng announced a 'mini-budget' that will lower taxes for people with
high incomes while increasing the deficit to cover the promised energy
cost subsidies:

It would be an understatement to describe Truss’s budget initiatives as
bold. Last week, she announced the largest U.K. tax cut in 50 years,
including a payroll tax cut and a reversal of a planned increase in
corporate taxes. The estimated cost is $50 billion. This tax cut comes
on the immediate heels of extraordinarily generous energy subsidies to
households and businesses, at an estimated cost of $150 billion.
According to the National Institute of Economic and Social Research, the
new budget initiatives will cause the U.K. budget deficit to balloon to
8% of gross domestic product next year. At the same time, the public
debt will soon exceed 90% of GDP.

As soon as the 'mini budget' was announced the British pound sterling
tanked. This not only against the overvalued U.S. dollar but also
compared to the rather weak Euro.

https://www.moonofalabama.org/2022/09/liz-truss-is-already-the-bad-prime-minister-everyone-expected-her-to-be.html