Years after Hillary Clinton created a power vacuum in Libya by ordering the Arab Springing of that country's last effectual government the fallout continues with a "rebel" group assaulting US backed "government" troop positions using warplanes (archived). As the US continues pushing for new "regime change" in Venezuela, the long to mid term results from "regime change" interventions continues to be anything by promising for those aligning themselves with groups recognized as "governments" by the US.
Fiat/Bitcoin interfaces are reporting a precipitous drop in the value of fiat currencies within the last 24 hours with the USD falling to near 1/5th of a Bitcent. So far the sharp move has been followed with fiat continuing to stay down.
Huawei is suing the United States government, including the United States Congress, over the unconstitutional blacklisting of their business in the "John S. McCain National Defense Authorization Act for Fiscal Year 2019" under the US Consitution's Bill of Attainer clause and other Federal Statutes prohibiting the individual targeting of companies and persons for punishment without trial. The complaint alleges that Congress illegally deprived Huawei of due process while trashing Congress's own:
general reputation and its specific commitment to honoring the laws of the United States.
Huawei filed the suit in the Eastern District of Texas. The full complain is reproduced below: Continue reading
This week a Forbes "contributor" finally gave Ripple's XRP token a look and was shocked to find unbacked pump and dump monopoly money is exactly that with the entire Ripple labs business model hinging on the pump (archived). The same outlet had up through this month been treating Ripple and their XRP token as serious business (archived) despite the Ripple network being dismissed by actual cryptocurrency authorities in 2013 for its severe and inherent defects. Sorry for your loss, but what else were those six years good for anyways?
A defendant in a Child Pornoraphy case, Brian James Laprath, has been offered a plea deal which will record a conviction for "money laundering" rather than downloading child pornography. Laprath bought Bitcoin off of a US based "exchange" and sent some 0.06 Bitcoin to a tor-based child pornograpy market where he then downloaded some videos. At some point US "law enforcement" perverts captured control of the site. The US Attorney's filing makes a big deal about Laprath sending "financial instruments" to South Korea, while Laprath and the USG counsel at his side appear to have simply been very happy to sign any papers at all to avoid a child pornography conviction. Nevermind in those same papers the right to resurrect the child porn charges at anytime is reserved by the US Attorney.
The papers are reproduced below not because the derp signing the papers is interesting, but to illustrate the USG's wishes and aspirations for Bitcoin: Continue reading
The USG has announced it is sanctioning Venezuelan state oil company PDVSA. Under the sanctions the US is still buying and allowing the purchase of oil produced by PDVSA while further allowing PDVSA to continue operating in the US under its Citgo brand (archived). Per their announcement the criminal organization referring to itself as the United States Government is touting their theft of 7 billion USD and projecting a further 11 billion USD to be captured over the next year. Further the USG is promising to keep the funds in "restricted accounts" payable to their chosen interim president or another interim government of the USG's choosing. This theft dwarfs the current paper fiat value of gold the Bank of England has denied the Venezuelan government.
From the involvement of John Bolton to the brazen nature of this theft cloaked as sanctions, the situation suggests the USG may be pivoting back to imagineering an Iraq style regime change endgame in the Bush/Rice tradition over an Obama type sustained color spring. For his part, Maduro spent his weekend visiting the troops as he oversaw and participated in drills and exercises.
Two local television news presenters have said "Martin Luther Coon" within less than two weeks making US national headlines in Pantsuit presses for their acts. The first incident on January 9th involved an upstate New York meteorologist who said "Martin Luther Coon King Jr." after which he was fired. In the most recent incident a Saint Louis, Missouri based morning news anchor mentioned an upcoming tribute to "Martin Luther Coon Jr" (archived). This lead to a conversation with station management and allegedly finding racism was not a part of the employee's "core beliefs" and accordingly no plans for additional discipline.
The frequency of this particular slip of the tongue has not lead to Pantsuits looking inward to ask the big question:
The trial of Joaqín 'El Chapo' Guzman continues to deliver drama as a USG witness for the prosecution alleges former Mexican President Enrique Pena Nieto requested a 250 million USD bribe from Guzman which was paid after Nieto took office (archive). The singing stoolie Alex Cifuentes clarified that he was unsure of the exact amount though US based media outlets appear to have settled on 100 million USD as a consensus figure to use in ther headlines for reasons that remain elusive.
US Treasury Secretary Steve Mnuchin issued a press release Sunday night assuring residents of the US that he called some banks who assured him there were no "liquidity problem" or "clearance and margin issues" (archived). Due to the US Government's ongoing partial shutdown the press release does not appear on the US Treasury department website (archived) apparently as part of their "lapse in appropriations contingency plan" (archived).
The announcement and its odd timing suggests that there actually are problems. Maybe that last 0.25% rate hike by the Fed after free dollars under Hussein Bahamas broke everything? Maybe someone out there put too much faith in the USG's timely payment of bills in spite of goverment shutdowns becoming a common negotiating tactic under the Hussein Bahamas adminstration? Whatever Mnuchin intended to convey with his message of assurance, the sentiment which lead to the press release is not reassuring.
Russian trade minister Denis Manturov has annouced that Russia will be phasing out the USD for valuing and settling arms contracts in favor of national currencies of the parties, or the euro in situations where national currencies are impractical (archived). This move comes as the USG continues make moves to marginalize its own USD altcoin in international trade.