X22 Report

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The [DS]/[CB] are pushing their agenda, they are bringing down the economy to try to bring us into the Great Reset. Trump knows the playbook, they were going to do this no matter who was in charge of the country. Everything is right on schedule. Stage set for the Fed. The [DS] have all assets deployed, they must stop Trump at all costs. To do this they are now following their 16 year plan to bring the world to war to cover for their treasonous acts. The country is becoming united not divided. The [DS] will use info to make people believe it is divided, this will fail. Fear and scare push, everything they tried to do to Trump was projected onto him, they are the ones who are going to destroy the economy and bring the world to war, Trump will stop them with the people's help.

 

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Economy

https://twitter.com/KobeissiLetter/status/1820475363589538230

  or sell.

https://twitter.com/KobeissiLetter/status/1820439844314591583

  result, the S&P 500 has now erased $5 TRILLION of market cap over the last month. Buckle up.

https://twitter.com/RNCResearch/status/1820457755322298405?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1820457755322298405%7Ctwgr%5E68e75b85a0827d52909a2950811fc25c4ee7ee42%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2024%2F08%2Fkamala-crash-harriss-words-come-back-haunt-her%2F

https://twitter.com/KamalaHQ/status/1793992394028810418

https://twitter.com/nicksortor/status/1820451687909236798

JUST IN: Biden’s Senior Economic Advisor Resigns After Market Crash 

Gene Sperling stepped down as Biden’s senior econ advisor to go work for the Harris campaign.

“Under Gene’s leadership, the American Rescue Plan has delivered economic relief to cities and counties across the country, protected millions of union pensions, made the largest-ever federal investment in public safety, and kept thousands of small businesses afloat,” Biden said

Full statement from Joe Biden:

 

Source: thegatewaypundit.com

 

Source: thegatewaypundit.com

https://twitter.com/GRDecter/status/1820441638906572993

 triggers a 15-minute halt.

- Level 3: Drop of 20% triggers a halt for the rest of the trading day, and trading resumes the following day.

NASDAQ futures down -5.96%

Ouch.

Nearly $2 Trillion Wiped Out from Stock Market 

The first Monday in August has arrived with panic sweeping through the finance sector, as nearly $2 trillion was wiped out of the S&P 500 at market open.

1802

Aug 02, 2018 10:20:02 PM EDT

Q !CbboFOtcZs ID: 000000 No. 113 

SOMETHING BIG is about to drop.

Q

https://twitter.com/rawsalerts/status/1820493093680119850

President Trump Talks with Maria Bartiromo- “What’s Killed this Country More Than Anything in the Last Three and a Half Years is Inflation” (VIDEO)

President Trump also talked about inflation and the effect it had on the economy.

“We are gonna get energy way down,” Trump said.

“The inflation has been a disaster in this country, and it’s killed the middle class, it’s killing the working class, and we’re gonna get inflation brought down,” Trump continued.

Source: thegatewaypundit.com

Why the Fed is being blamed for the historic stock-market plunge

The Federal Reserve is catching some heat for the historic stock market plunge.

Experts argue the Fed's decision to leave rates unchanged at its last meeting contributed to the chaos.

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Click On Picture To See Larger PictureThe insiders are now showing us what is about to happen via their actions. Berkshire Hathaway has now dumped 75 billion in stock. What do they know? The fake news is trying to down play the rate cut that this will cause a recession. Bitcoin and gold show you that prices are not increasing, but the fiat currency is losing value. [KH] is using the same strategy as Biden, she is hiding, she is not doing interviews, she doesn't want to debate Trump, they are in panic mode. If [KH] does debate Trump they know it will be a disaster. Keep an eye on Venezuela, the election was rigged and now the people and other countries want to see the original ballots for transparency. The [DS] is now projecting that a cyber attack is headed our way. Scare event approaches.

 

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Economy

https://twitter.com/KobeissiLetter/status/1820078554362663180

  is sitting on a record $277 BILLION of cash. To put this in perspective, Berkshire Hathaway now owns ~4% of ALL T-Bills issued to the public. They even own more T-Bills than the $195 billion on the Fed's balance sheet. When Warren Buffett holds more T-Bills than the Fed itself, you know he's worried. Buckle up.

A viral chart suggests a recession is coming after the Fed cuts interest rates — but don’t panic yet

However, some people were frightened by the idea of lower rates.

A viral chart made the rounds again on social media around the time of the Fed meeting. This chart depicted the U.S. federal funds rate over the years, and overlays when the U.S. economy was in a recession.

 

The chart portrayed a scary trend. The last few times that the Fed cut interest rates from their peak, a recession followed closely behind. With the Fed gearing up to cut rates again, is the U.S. economy due for another recession?

First of all, it’s important to remember that correlation does not imply causation. Rate cuts are certainly related to recessions, but that doesn’t mean cutting rates will cause one.

Source: marketwatch.com

https://twitter.com/BitcoinMagazine/status/1819670545870274878

 

Political/Rights

https://twitter.com/ThisIsKyleR/status/1819459882510069816

  behind Donald Trump and encourage every gun owner to join me in helping send him back to the White House.

Columbia Students Sue Squad Leaders for Allegedly Inciting and Encouraging Anti-Israel, Anti-Jew Protests on Campus 

Now a new group of students are suing the radical congressional "Squad" leaders who they accuse of inciting the anti-Israel violence on campus earlier this year.

The students are suing Democrat representatives Sandy Ocasio-Cortez, Jamal Bowman of New York, and Ilhan Omar of Minnesota.

Ilhan Omar's daughter was actually one of the organizers at the anti-Jew protests.

FOX News reported:

 

Five students filed the lawsuit anonymously, naming Ocasio-Cortez and Democratic Reps. Jamal Bowman of New York and Ilhan Omar of Minnesota. The lawsuit also names roughly a dozen anti-Israel organizing groups.

"The Gaza Encampment was extreme and outrageous conduct. It was illegal. It violated university rules. Its occupants harassed, followed, physically blocked, intimidated, and bullied Jewish students," the lawsuit reads.

Two of the five students behind the lawsuit are Jewish.

Source: thegatewaypundit.com

https://twitter.com/StephenM/status/1819490966073454878

DHS suspends parole program flights months before election

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Click On Picture To See Larger PictureThe [CB] agenda is falling apart, companies are now moving out of California and into Texas. The blue states will begin to fall apart. Clinton is funding the stop the oil groups. Job number revised, unemployment moves up. Factories are laying off. Watch the market. The [DS] are now pushing Kamala to be the nominee. The [DS] will try to convince the public that she can beat Trump, this will fail. [DS] sleepers have woken up and now moving away from Trump and trying to convince others, this will fail. The FBI,CISA are warning of DDOS attack on the election system. They will increase their warnings as we get closer to the elections.

 

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Economy

https://twitter.com/libsoftiktok/status/1819364224402882898

Hillary Clinton-run group helps fund Just Stop Oil and Extinction Rebellion

Just Stop Oil’s stunts are partly funded by a campaign organisation run by Hillary Clinton, US financial disclosures reveal.

A group founded by Mrs Clinton from the ashes of her failed presidential bid has donated $500,000 (£391,500) in the last three years to the protest group’s California-based financiers.

Just Stop Oil’s largest financial backer is a controversial Californian non-profit, the Climate Emergency Fund (CEF), which pays for stunts by environmental groups across the world, including Extinction Rebellion.

A paper trail of transparency disclosures, seen by The Telegraph, shows that one of the CEF’s major supporters is Onward Together, a campaign organisation founded by Mrs Clinton in the aftermath of her 2016 presidential campaign against Donald Trump.

Source:  telegraph.co.uk 

Recession Triggered: Payrolls Miss Huge, Up Just 114K As Soaring Unemployment Rate Activates "Sahm Rule" Recession 

  BLS reported that in July, the US added just 114K payrolls, a huge miss to expectations of 175K and also a huge drop from the downward revised June print of 206K, now (as always ) revised to just 179K. This was the lowest print since December 2020 (at least prior to even more revisions)...

Of course, these being numbers published by the corrupt Biden, pardon Kamala Department of Goalseeked bullshit, the previous months were revised lower as usual, with May revised down by 2,000, from +218,000 to +216,000, and the change for June was revised down by 27,000, from +206,000 to +179,000. With these revisions, employment in May and June combined is 29,000 lower than previously reported. It gets better because as shown in the next chart shows, 5 of the past 6 months have now been revised lower.

https://twitter.com/zerohedge/status/1819352665211514908

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1819350120057500094

https://twitter.com/SoberLook/status/1819318701264458210

 

https://twitter.com/KobeissiLetter/status/1819358727725531630

 years, bad news was "good news" for the stock market. Bad news is bad news again, and that's how you know recession fears are rising. It's going to be a bumpy road ahead.

Political/Rights

State Supreme Court Rejects Mayor Eric Adams’ Attempt to Stop Buses of Illegals From Arriving in NYC

In January, Mayor Eric Adams filed a lawsuit against 17 charter bus companies that transported illegals flowing into New York City thanks to the Biden administration and Border Czar Kamala Harris.

By dropping thousands of illegals in the city “without a means of support,”  the lawsuit accused the bus companies of violating New York’s Social Services...

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Click On Picture To See Larger PictureThe Bank of England just cut their rates. The Feds turned is approaching. The economy continues to break down and more layoffs are on there way. The Fed will wait until right before the election. They will do this to show everyone the economy is doing well. The economy will begin to implode. [KH] is the new shiny object, and the shine is wearing off. The people are quickly learning that [KH] is a phony just like the D party itself. Soon the [DS] will swap her out, that time is approaching quickly. The precipice is approaching, the people will soon learn who the true enemy really is. The [DS] is trapped in their own agenda.

 

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Economy

https://twitter.com/KobeissiLetter/status/1818966295586484678

https://twitter.com/bungarsargon/status/1818969734013956126

https://twitter.com/KobeissiLetter/status/1819005017749069870

  entered a recession. Meanwhile, it is expected that the US labor market has added 175,000 new jobs in July. If the US adds jobs in July, it would mark the 43rd consecutive month of job additions. The disconnect between data and reality is concerning.

https://twitter.com/GRDecter/status/1818709593314205821

The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing

The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that the central bank is moving closer toward cutting its key interest rate for the first time in four years.

Source: apnews.com

 

Political/Rights

https://twitter.com/Rasmussen_Poll/status/1818652821878981067

Less Than Two Weeks as the VP Nominee and JD Vance Has Already Visited the Border-“Has Your Border Czar Done Anything You’ve Asked Her to Do?” 

Less than two weeks after being named Trump’s running mate, JD Vance has already visited the border.

Vance spoke to reporters from the southern border.

Source: thegatewaypundit.com

14 People Arrested in Human Trafficking Sting at Comic-Con Event 

Fourteen people were arrested in a human trafficking sting during the annual Comic-Con event in San Diego.

California Attorney General Rob Bonta announced the operation was conducted between July 25 and 27, and a total of 10 victims were rescued, including one child.

 

Per The Hollywood Reporter:

 

Source: thegatewaypundit.com

 

Geopolitical/Police State

New Jersey AR-15 Ban Ruled Unconstitutional - but Magazine Ban Upheld

  a federal judge struck down New Jersey's ban on the AR-15 rifle but left in place the ban on magazines with greater than a ten-round capacity. U.S. District Judge Peter Sheridan issued the ruling.

New Jersey's ban on the AR-15 rifle is unconstitutional, but the state's cap on magazines over 10 rounds passes constitutional muster, a federal judge said Tuesday.

 This is a qualified win for Second Amendment advocates and, arguably, for the state of New Jersey. While the decision once more acknowledges the Bruen decision, it also side-steps the magazine capacity issue.

This decision will be appealed, and almost certainly by both sides. The magazine ban issue, which rankles (rightly) the pro-Second Amendment side will be challenged, while New Jersey will certainly appeal the decision on the AR-15. For now, though, Second Amendment advocates can celebrate a win - even if it is a mixed blessing - and gird themselves for the next round in this never-ending fight.

Source: redstate.com

Don Lemon Sues Elon Musk,

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Click On Picture To See Larger PictureEU inflation is now picking up, they cut the rate and now the opposite is happening. Biden is now cancelling more student loans. The people know the economy is collapsing. Trump and the patriots make a move to shift the currency to Bitcoin and gold. The [DS] is now panicking, they have tried everything and it has failed. There are now [FF] warning and the travel advisory in the middle east has been raised to level 4. Iran is now threatening Israel and Israel said if they attack they would start WWIII. Trump has been planning on peace. Most likely he has all the pieces in place. We are in the final countdown.

 

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Economy

https://twitter.com/KobeissiLetter/status/1818574204783989148

 

Biden Administration Contacting 25 Million Borrowers in Student Loan Forgiveness Update

A student loan forgiveness update will be rolled out in the next week by the Biden administration, coming less than 100 days before the presidential election.

Emails will be sent to millions notifying them they could qualify for debt relief under the enhanced program, along with an opportunity to opt out if they want.

An Education Department announcement made clear what is on offer, with U.S. Secretary of Education Miguel Cardona declaring:

Starting tomorrow, the U.S. Department of Education (Department) will begin emailing all borrowers with at least one outstanding federally held student loan to provide updates on potential student debt relief.

 

 

Source: breitbart.com

Kamala’s Economy? Job Growth Turns Sluggish and Manufacturing Jobs Shrink, ADP Reports

Kamala Harris’s attempts to sell Americans on the idea that the U.S. economy is doing well may have become a bit harder.

U.S. businesses added a mere 122,000 jobs in July, according to payroll giant ADP, signaling a cooling labor market and fewer hires. This modest increase is the smallest in six months and falls short of the 150,000 jobs predicted by economists.

While Harris has recently said manufacturing in the U.S. is booming, the ADP report tells a different story. Manufacturing jobs fell in July, ADP said.

Construction added 39,000 and trade, transportation, and utilities added 61,000, leading the gaining sectors. Leisure and hospitality, a major source of job growth last year, added a modest 24,000. Health and education added 22,000.

Professional and business services employment declined by 47,000, a possible signal of a souring economy. Information technology shed 18,000, which is a lot of job losses for a smaller segment of the economy.

The slowing job market has also taken a toll on wage growth. The year-over-year pay increase for workers who stayed in the same job dipped to a three-year low of 4.8 percent in July.

“With wage growth slowing down, the labor market is aligning with the Federal Reserve’s efforts to curb inflation,” said ADP’s chief economist, Nela Richardson. “If inflation goes back up, it won’t be because of labor.”

Source: breitbart.com

https://twitter.com/WallStreetSilv/status/1818688428063494378

 

 

Nolte: 70% Say Kamala Harris’s Economy Is Getting Worse

Seventy percent of adults say the economy under President Joe Biden and Vice President Kamala Harris is getting worse, according to polling from Gallup.

At the beginning of 2024, in February, only 61 percent said the economy was getting worse, while 32 percent said the economy was getting better. Since then, those numbers have all slid in the wrong direction.

Source: breitbart.com

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Click On Picture To See Larger PictureThe [CB] system is collapsig and they are causing it. They are now moving the people into their new system which is going to backfire. Trump will use the leverage against them. Since Trump announce the Bitcoin reserve, the [CB] panicked and they are trying to move the Bitcoin, big fail. The more the [DS] does the worse its get. Their agenda is falling apart, the people are seeing the truth especially the Ds. Soon when the event happens and war approaches this will wake up a lot of people on the D side. Trump will get the country on his side. The D party is feeling the boomerang.

 

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Economy

https://twitter.com/KobeissiLetter/status/1817936040989954142

This comes after US households have depleted over $2.3 TRILLION of excess savings since 2021. At the same time, the credit card debt reached $1.06 trillion in July, just $3 billion below the all-time record. Savings are now considered a luxury.

https://twitter.com/KobeissiLetter/status/1817971321277763942

 a whopping 12.0%, 12.8%, and 13.3%, in Miami, Boston, and Tampa respectively. Meanwhile, the nationwide office vacancy rate hit a record 19.8% in Q1 2024, above 2008 and 2020 levels. Vacancy rates are expected to rise to as high as 24% by 2026, according to Moody’s. The commercial real estate crisis is a major problem.

 

https://twitter.com/KobeissiLetter/status/1817894572229341256

  threshold a recession followed. It now stands at 0.4%, just 0.1 percentage points away from signaling a recession in the US. The unemployment rate would need to rise to 4.2% in this week's jobs report to break the threshold. Is the labor market signaling a recession?

"Just Dumb!!" - 2 Days After Trump Crypto-Crowning, Biden Admin Moves Billions In 'Silk Road' Bitcoin

 

It appears the Biden administration does not want former President Trump's plan to enable a strategic bitcoin reserve to come to fruition (or at the very least, shrink the size of the reserve dramatically).

Less than 48 hours after Trump spoke at a major Bitcoin conference in Nashville about his ambitious goals for bitcoin in America, the Biden administration has decided that this is an opportune moment to transfer around $2 billion worth of its bitcoin stockpile (e.g. Silk Road confiscations)

The timing is risible...

...and transparent...Orange Man bad - orange man likes bitcoin - bitcoin bad!

This transfer - and its implications of potential selling pressure overhang - sent Bitcoin reeling after briefly tagging $70,000...

Source: Bloomberg

Presumably, Biden and Harris are against the Trump HODL?

Source: zerohedge.com

 

Political/Rights

https://twitter.com/TheNotoriousLMC/status/1817696920158212481

https://twitter.com/libsoftiktok/status/1818278026582601897

Biden DOJ Gives Peter Strzok, Lisa Page $2 Million Over Texts Exposing Anti-Trump Agenda 

Having been exposed by the Trump-era Justice Department for their attacks on former President Donald Trump, two key figures in the Russiagate smear of Trump are receiving massive payouts from the Biden-era Justice Department.

Former FBI agent Peter Strzok and former FBI attorney Lisa Page, whose communications about Trump on their government phones were revealed as part of the investigation into the now-discredited allegations that the 2016 Trump campaign was linked to Russia, will split a $2 million payday.

Strzok will get $1.2 million and Page will receive $800,000, according to Politico.

Ben discusses how everything is about to change. The good guys are winning. The [CB] fiat currency is dead, the world is shifting and Trump is leading the way. He announced that the Bitcoin will be used in the new economy. Optics are important, the [CB] is bringing down their old system and the patriots are prepared to shift the system away from them. The new world is going to be incredible and the people are going to see something that they have never seen before.

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The green new deal is falling apart, the auto industry has been hit very hard and now they are going back to gas powered cars. Bidenomics has failed. The economy is about to change and Trump is already telling us in which direction we are headed in. It's time to end the endless. The D part is now fighting amongst each other. Obama is now planning to use the 25th on Biden and most likely swap out Kamala. Trump has met with Bibi and he said that WWIII is approaching, Trump says he can have peace. This time next year the country will be on the right track.

 

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Economy

https://twitter.com/JunkScience/status/1817230820798607538

 $50,000 (£39,000) on every EV it sells, while Tesla’s profits dropped 45pc. Meanwhile, battery manufacturers such as Germany’s Varta are getting wiped out. Over the last few days, it has become clear that the EV industry is on the brink of collapse. Hundreds of billions of euros, dollars and pounds have been pumped into this industry by political leaders and the subsidy junkies that surround them – and it is surely time they were held to account for the vast quantities of taxpayer cash that has been wasted."

FedEx To Cut Daytime Domestic Flight Activity By 60%

FedEx plans to significantly slash daily flights and the number of U.S. cities served by air during the daytime when its air cargo contract with the U.S. Postal Service expires on Sept. 29, resulting in significant pay cuts for pilots, senior managers informed crews this week.

The parcel logistics giant will reduce daytime domestic flying time by 60% and the number of city destinations by 55%, which will add about 500 pilots to the existing surplus, said Justin Brownlee, senior vice president for flight operations and network planning, in a letter to airline workers obtained by FreightWaves. No pilots will be hired for the foreseeable future, he added.

The Postal Service in early April selected UPS (NYSE: UPS), instead of incumbent FedEx, as its air cargo carrier for the next 5 1/2 years.

Source: zerohedge.com

TAKE A LISTEN

 

https://twitter.com/KobeissiLetter/status/1817303623292060105

President Trump’s closing remarks at the Bitcoin conference were absolute 🔥

“Ultimately my promise to each and every one of you is this: I will be the pro-innovation and pro-Bitcoin president that America needs and our citizens deserve. This will be one industry, but this will be a thriving industry. A great industry, and I am going to be doing the same thing for every other industry also.

Our nation has never thrived by trying to censor new ideas and shut down the dreams of our people. America always plants our flag on the next frontier and pushes boldly ahead…

You are the modern day Edisons & Wright brothers & Carnegies & Henry Fords & what you do in your lifetime stands a chance to outlive us all and inspire humanity for generations to come. This will go down as a very important day in the history of your industry…

My job will be to set you free and to let you do what Americans do best and what you’re gonna do better than anybody: Win! Win! Win!”

https://twitter.com/BitcoinMagazine/status/1817292475133829261

https://twitter.com/BitcoinMagazine/status/1817323803401245162

4962

Q !!Hs1Jq13jV6 ID: 000000 No.17751801

Nov 11 2022 08:45:15 (EST)

Who are the Silent Thieves?

Why are they manipulating you?

How are they stealing your wealth?

Bubble.

Crash.

Steal.

Lie.

Repeat.

What is inflation?

Monetary manipulation.

Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation talking about how switching candidates is going to be a disaster for this country. The economic system is breaking down, when the Fed moves ahead with the rate cut the market is going to take a dive. Gold and Bitcoin will accelerate as we go through the economic downturn.

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The economy  is falling apart the same time the Fed and the Biden admin are telling us that it is doing well. As we get closer to the Presidential election the people are going to see the truth. The Fed is prepping the narrative that what they are about to do will not be political. The [DS] is in trouble. Trump is continually exposing the [DS] and forcing the [DS] to destroy themselves. Obama has now endorsed Kamala and now she will become the nominee. They will try to remove Biden to take control of the Residency. When the shine wears off they will most likely try to swap Kamala out for another candidate last minute.

 

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Economy

https://twitter.com/disclosetv/status/1816454441198874901

https://twitter.com/WallStreetSilv/status/1816463903414477301

Soviet policies get Soviet outcomes.

https://twitter.com/KobeissiLetter/status/1816628116678455329

  than existing homes for the first time since 2005. When people are paying MORE for OLD homes, you know something is broken. 1 out of every 3 homes for sale in the US right now is new construction. All while there are a whopping 274,000 new homes under construction. Price cuts are coming soon.

https://twitter.com/KobeissiLetter/status/1816240109580116424

  there are a whopping 274,000 new homes under construction. This is just ~62,000 less homes under construction than the PEAK before the 2008 Financial Crisis. New home supply is skyrocketing in a market where mortgage demand is plummeting. A record 1 out of 3 homes for sale right now is new construction. Price cuts are coming soon.

https://twitter.com/KobeissiLetter/status/1816415900418916652

  rising to their highest level in at least 7 years. Excess savings have been depleted, interest payments are at record highs, and prices are still rising. How long can consumers hold on here?

U.S Economy Accelerates By More Than Expected, Yet Inflation Remains Stubborn

The U.S. economy grew at an annual pace of 2.8 percent in the second quarter, much faster than the two percent forecast by Wall Street analysts.

The stronger-than-expected growth indicates that the economy has continued to expand despite high interest rates, calling into question the need for a rate cut from the Federal Reserve in the near term.

In the first quarter of the year, growth slowed to 1.4 percent after rapidly growing in the second half of 2023.

Consumer spending—the main engine of economic growth—rose 2.3 percent, beating forecasts, according to data released by the Department of Commerce on Thursday. Spending on durable goods led the increase, indicating consumers remain willing to purchase big ticket items such as cars and appliances despite high interest rates. Spending on services accelerated as well.

Source: breitbart.com

The Fed Could Cut Interest Rates Before The Election, Risking Political Fallout

The Federal Reserve appears to be on track to cut its benchmark interest rate in September, just two months ahead of the general election in November.

According to conventional wisdom, a rate cut could boost the economy and encourage voters to reward the incumbent political party.

Fed officials value the central bank's independence and avoid stepping into political matters or favoring either party.

The risk of being accused of favoritism hasn't stopped the Fed from election-season rate cuts in the past when economic conditions warranted them.

Policymakers at the Federal Reserve try to avoid politics at all costs—but the central bank is widely expected to cut in...