Van Jones is back; 100,000 training for 'non violent' '99% Spring'

Nothing should make Americans feel more comfortable than the thought of radical communist Van Jones getting behind an effort to train 100,000 people on how to engage in 'non-violent' direct action, whatever that means. Just as Glenn predicted,the winter would go quietly and give way to the Occupy movement coming back bigger and more aggressive.

The Blaze reports:

“We are at a crossroads as a country,” a letter on the site dedicated to the new movement says. “We have a choice to make. Greater wealth for a few or opportunity for many. Tax breaks for the richest or a fair shot for the rest of us. A government that can be bought by the highest bidder, or a democracy that is truly of the people, by the people, and for the people.”

It continues: “The choice is in our hands. This spring, we will act on that choice and rise up in the tradition of our forefathers and foremothers. We will not be complicit with the suffering in our families for another year. We will prepare ourselves for sustained non-violent direct action.”

That “preparation” looks like a week-long training session from April 9-15. But not just any training session, this training session will be held across the country and will reportedly feature meetings in “places of worship”

At the preparation sessions, people will learn:

1) Tell the story of our economy: how we got here, who’s responsible, what a different future could look like, and what we can do about it

2) Learn the history of non-violent direct action, and

3) Get into action on our own campaigns to win change.

"Who's behind it? Van Jones. Who saw that one coming?" Glenn said sarcastically on radio.

Van Jones is listed as one of the co-signers of the letter, along with several union leaders and progressive activists.

"So typical. You make these crazy predictions all the time but I mean, people are going to call you on this stuff, Glenn. For example, you keep saying, oh, they're going to take out these rich American executives and capitalists out of their offices and drag them into the streets, when clearly in USA Today last week, they just said they would take guns and storm Wall Street. They didn't say they would drag them out into the streets. They may very well kill them in their offices. And you continue to mislead the American people," Stu joked.

"America, I warn you. No one in the DOJ will do jack. No one in the administration will do jack. No one in congress will do jack. If you are unlucky and you live in one of the major cities, your mayor will not do jack. Your police officers, because of the union ties, will not do jack. If you have children in college, they will do jack. They will hijack your children. They will involve them in this. Your churches will do jack if you stay silent. They will hijack your religion as well. You can no longer say it's not my union, it's not my school, it's not my church, it's not my city, it's not my country. Because if you remain silent, I guarantee you, I promise you in a very short period of time, you will say, this is not my country, this is not my state, this is not my business, this is not my church, this is not my son or daughter. You won't recognize any of it. You must stand firm," Glenn said.

The full letter explaining the 99% Spring is below:

DATE: February 15, 2012

TO: America

RE: The 99% Spring

Things should never have reached this point.

Every day, the American Dream seems a little farther away. More of our grandparents are being thrown from their homes. Our mothers and fathers can’t retire because their pension funds tanked. Our brothers and sisters are burdened by student loan debt. For our children, budget cuts have resulted in crumbling schools, skyrocketing class sizes, and teachers being denied the supports they need to do their best. Our friends and family are being denied collective bargaining rights in their workplaces and are falling further and further behind. Our neighbors are being poisoned by pollution in our air and water.

The numbers are staggering: in recent years, millions of jobs have been destroyed, homes foreclosed, and an unconscionable number of children live in poverty.

And worst of all: this is no accident. It is a result of rampant greed—the deliberate manipulation of our democracy and our economy by a tiny minority in the 1%, by those who amass ever more wealth and power at our expense.

We are at a crossroads as a country. We have a choice to make. Greater wealth for a few or opportunity for many. Tax breaks for the richest or a fair shot for the rest of us. A government that can be bought by the highest bidder, or a democracy that is truly of the people, by the people, and for the people.

The choice is in our hands. This spring, we will act on that choice and rise up in the tradition of our forefathers and foremothers. We will not be complicit with the suffering in our families for another year. We will prepare ourselves for sustained non-violent direct action.

From April 9-15 we will gather across America, 100,000 strong, in homes, places of worship, campuses and the streets to join together in the work of reclaiming our country. We will organize trainings to:

Tell the story of our economy: how we got here, who’s responsible, what a different future could look like, and what we can do about it

Learn the history of non-violent direct action, and

Get into action on our own campaigns to win change.

This spring we rise! We will reshape our country with our own hands and feet, bodies and hearts. We will take non-violent action in the spirit of Martin Luther King, Jr. and Gandhi to forge a new destiny one block, one neighborhood, one city, one state at a time.

We know great change is possible. We inherit a history of everyday people standing up for their own dignity, freedom, and self-determination, shaping our direction as a country. The seamstress in Alabama who launched a bus boycott. The farmers in New England and Virginia who imagined we could be a free nation. The workers in Flint, Michigan who occupied their plant to win collective bargaining rights. The farmworkers in California who liberated our fields. The women in New York who dreamed they could one day speak with equal voice. The mother who stood up in Love Canal to stop the poisoning of her community. And the students who risked their lives during Freedom Summer to register voters.

In the last year alone we watched the teachers and fire fighters of Wisconsin stand for the rights of workers. And we joined those who Occupied Wall Street, inspiring us to stand with the 99%.

We will rise this spring, because we DO hold these truths to be self evident—that all men and women are created equal, that we are endowed by our Creator with certain unalienable rights, that among these are Life, Liberty and the Pursuit of Happiness.

Will you rise with us? Can we count on you to join us April 9th to 15th to stand with the 99% for America?

Glenn created "The Senate Fails to Condemn INFANTICIDE" in response to the Senate not passing Nebraska Senator Ben Sasses' bill banning infanticide early this year. In an effort to help support pro-life charities, Glenn first posted this for sale on eBay before being banned multiple times before we finally had enough and put it up for sale on bidpal.net.

At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.