Great short interview jam packed with information

Quote:U.S. to test nuclear-powered spacecraft by 2027

WASHINGTON, Jan 24 (Reuters) - (This Jan. 24 story has been corrected to remove the reference to NASA officials and to amend attribution of Space Force information to a DARPA official, who is now being identified, in paragraph 7.)

The United States plans to test a spacecraft engine powered by nuclear fission by 2027 as part of a long-term NASA effort to demonstrate more efficient methods of propelling astronauts to Mars in the future, the space agency’s chief said on Tuesday.

NASA will partner with the U.S. military's research and development agency, DARPA, to develop a nuclear thermal propulsion engine and launch it to space "as soon as 2027," NASA administrator Bill Nelson said during a conference in National Harbor, Maryland.

The U.S. space agency has studied for decades the concept of nuclear thermal propulsion, which introduces heat from a nuclear fission reactor to a hydrogen propellant in order to provide a thrust believed to be far more efficient than traditional chemical-based rocket engines.

NASA officials view nuclear thermal propulsion as crucial for sending humans beyond the moon and deeper into space. A trip to Mars from Earth using the technology could take roughly four months instead of some nine months with a conventional, chemically powered engine, engineers say.

That would substantially reduce the time astronauts would be exposed to deep-space radiation and would also require fewer supplies, such as food and other cargo, during a trip to Mars.

"If we have swifter trips for humans, they are safer trips," NASA deputy administrator and former astronaut Pam Melroy said Tuesday.

Applications that spinoff from the planned 2027 demonstration – part of an existing DARPA research program that NASA is now joining – would also fit into the U.S. Space Force’s space mobility and logistics segment, said Tabitha Dodson, DARPA’s program manager for the test program.

DARPA in 2021 awarded funds to General Atomics, Lockheed Martin and Jeff Bezos' space company Blue Origin to study designs of nuclear reactors and spacecraft. By around March, the agency will pick a company to build the nuclear spacecraft for the 2027 demonstration, program's manager Dodson said in an interview.

The joint NASA-DARPA effort's budget is $110 million for fiscal year 2023 and is expected to be hundreds of millions of dollars more through 2027.

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A few days ago a book was released, something completely unprecedented in the history of the Catholic Church. No English speaking news outlets have discussed it, probably the usual mass media censorship. Benedict XVI published a posthumous book. The reason that it was so unexpected is because Benedict explicitly wished that the collection of writings would only be published after his death. Why?

Che cos'è il cristianesimo. Quasi un testamento spirituale
"What is Christianity" "Almost a spiritual testament"



Translated from Italian:

Quote:Benedetto XVI "What is Christianity" "Almost a spiritual testament"

In the years immediately following the Second Vatican Council, the volume Introduction to Christianity made a young German theologian known to the general public. Today, at the end of his life and as pope emeritus, Benedict XVI bequeaths this work to all men to share his latest reflections on some fundamental themes of the Christian religion.

At the center is God's mercy, which is born of a passion of love for every creature. Priests are at the service of God, called to be in his presence and to be witnesses of his love for him. Then there are the themes of dialogue with other religions, with the Jews, the people of the promise, with the Christian confessions, with the world. This dialogue, however, cannot ignore the central contents of the creed: the incarnation of the Son of God, faith in the death and resurrection of Jesus, the Eucharistic presence, fraternal communion in the Church, the central themes of Christian morality.

As the subtitle states, the volume is almost a spiritual testament, dictated by the wisdom of the heart of a master who is always attentive to the expectations and hopes of the faithful. In the years spent in the Mater Ecclesiae monastery in the Vatican, his discreet presence and his prayers were an important support for the life of the Church. From there he benevolently observed nature, a mirror of the love of God the creator, from whom we come and towards whom we are directed. From there he looked to his country of origin, Germany, to Italy where he spent a good part of his life, to France which welcomed him into his Académie, to the whole of Europe. To these countries the pope emeritus entrusts, in a weak but passionate voice, his request not to renounce the Christian heritage, which is a precious patrimony for all humanity.

In life, Benedict XVI was not always understood. However, no one has been able to deny the lucidity of his thought and the strength of his arguments, which this last work admirably collects.

Quote:A posthumous book by Benedict XVI, the Pope Emeritus who died last December 31, has been released. The work is entitled "What is Christianity" and collects published and unpublished texts from the period after his resignation. He himself asked the editors, Elio Guerriero and Monsignor Georg Gaenswein, with a letter dated May 1, 2022: "This volume, which collects the writings I composed in the Mater Ecclesiae monastery, must be published after my death". In a letter, contained in the book, he explained his choice to Guerriero Ratzinger as follows: "For my part, in life, I no longer want to publish anything. The fury of the circles against me in Germany is so strong that the appearance of every my word immediately causes a murderous shouting from them. I want to spare myself and Christendom this."

Ratzinger: "Those who read my books as unsuitable priests are punished"

In the book, Benedict XVI confides: "There were individual bishops, and not only in the United States, who rejected the Catholic tradition as a whole, aiming in their dioceses to develop a kind of new, modern catholicity. Perhaps it is worth mentioning the fact that, in not a few seminaries, students caught reading my books were considered unfit for the priesthood. My books were concealed as harmful literature and were read only in secret, so to speak."

"Collapse in preparation for priestly ministry"

Benedict XVI also speaks of homosexuality and the fact that there are gay "clubs" in seminaries. Writing about the meeting that Pope Francis had convened with the presidents of all the episcopal conferences of the world on the subject of abuse, Ratzinger underlines: "In the context of the meeting of the presidents of the episcopal conferences of the whole world with Pope Francis, it is at heart above all the question of priestly life and also that of seminaries.As regards the problem of preparation for priestly ministry in seminaries, we note in fact a vast collapse of the existing form of this preparation".

Benedict XVI: "In several seminaries there are homosexual clubs"

Then Benedict XVI underlines: "In various seminaries homosexual 'clubs' were formed which acted more or less openly and which clearly transformed the climate in the seminaries. In a seminary in southern Germany, candidates for the priesthood and candidates for the lay office of pastoral referent lived together. During common meals, the seminarians were together with married pastoral representatives, partly accompanied by their wives and children and in some cases by their girlfriends. The atmosphere in the seminary could not help priestly formation". He then reports that "a bishop, who had previously been rector, had allowed pornographic films to be shown to seminarians, presumably with the intention of thereby enabling them to resist against behavior contrary to the faith".

Pope emeritus: "When I resigned I was too exhausted to make plans"

Benedict XVI also speaks of his resignation in 2013 and says he was "exhausted" at the time. The book reads: "When I announced my resignation from the ministry of Peter's successor on February 11, 2013, I had no plan for what I would do in the new situation. I was too exhausted - in his words - to be able to plan other jobs Furthermore, the publication of the Infancy of Jesus seemed like a logical conclusion to my theological writings." "After the election of Pope Francis I slowly resumed my theological work. Thus, over the years, a series of small and medium-sized contributions have taken shape, which are presented in this volume".

Ratzinger in the posthumous book: "Against me fury and shouting assassin"

Quote:Italian general: US official bragged Benedict would be ‘forced’ to resign weeks after 2005 election

Jan 5, 2023 - 6:11 pm EST

(LifeSiteNews) — On the eve of Pope Benedict XVI’s burial, Piero Laporta, a retired Italian brigadier general, published a stunning piece on his own blog.

This Catholic author, who previously lobbied to have Benedict participate (and influence) the controversial Synod on the Family some eight years ago, is now revealing that in the first weeks after the election of Joseph Ratzinger to the papal throne in 2005, an official of the U.S. National Security Agency (NSA) “was bragging about the resignation to which H.H. Benedict XVI of revered memory would soon be forced.”

If this story is true, however, “soon” would have to mean almost eight years, as that is the time it actually took for Benedict to resign.

Laporta is a retired brigadier general who worked for the Joint Chiefs of Staff of the Italian Military, and since his retirement writes for multiple blogs and for different newspapers, collaborating with, among others, our colleague Marco Tosatti and his blog Stilum Curiae.

Laporta’s January 3 blog entry starts with the comment that he “shudders” at the publicly displayed “crocodile tears” by a representative of the community of San Egidio, in regards to Pope Benedict’s death.

In light of these tears, “memories pass before my eyes,” he added.

Laporta then revealed that there exists “a great Roman circle that is still active today,” that is more powerful than the so-called “Sankt Gallen group,” which has been historically opposed to Benedict.

Laporta further relayed that in 2005, “a leading delegate of the U.S. government, who had his hands in Italian finances (where he is still active) and in Italian politics,” and was “a figure in the highest ranks of the National Security Agency (NSA),” was “bragging about the resignation to which H.H. Benedict XVI of revered memory would soon be forced.”

This man, Laporta went on to say, spoke “with a nonchalance and with an arrogance” outside of his own circle about this matter.

This “Roman circle” was reportedly dedicated to the slogans “God is dead” and “Jesus is fake news,” and was in “panic” when Benedict was elected.

The “Sankt Gallen Mafia,” Laporta added, was “no joke,” but is a mere fig leaf compared to this “Roman circle” that Laporta refers to as a “dome of demons.”

According to the Italian general, it was this group who “isolated” Benedict, “leaving him alone while the nescionalsecuiritiagensi [NSA] goons scourged the truth, then crucified it.”

It is not known whether this man, who at the time reportedly worked for the U.S. government, actually played a role in the resignation of Pope Benedict XVI. However, for the sake of discussing the fullest narrative of this historic resignation, it might be helpful to report on Laporta’s observations, making it a possible piece of the puzzle.

Another piece of this puzzle could be the fact that at the time of Benedict’s resignation in February of 2013, the Vatican Bank was unable to function, since it had been suddenly excluded from the SWIFT system and was thus incapable of performing necessary international transactions.

As Giuseppe Nardi of Katholisches.info reminds his readers today in his report on Laporta, Maurzio Blondet had discussed this matter in Italian, in 2015.

In light of Laporta’s blog post, Blondet, a Catholic journalist, quoted Laporta and said that it was wise that Laporta did “not disclose” the U.S. official’s name. He then re-posted his 2015 report titled “Ratzinger could neither buy nor sell,” which outlined the Vatican’s 2013 financial problems with the SWIFT system, thereby implying that he himself sees a link between Laporta’s report and this financial aspect of the history of Benedict’s resignation.

A third puzzle of the piece – which refers to the above-mentioned Sank Gallen Group – is that there might have been a conversation between Cardinal Carlo Martini and Benedict in 2012, in which the head of the Sankt Gallen group suggested to Benedict that it was time for him to resign. This story has been amply discussed by author Julia Meloni, which LifeSiteNews covered here.

Perhaps only future historians will be able to put together a fuller picture as to why a pope would resign, thus leaving the Church in the hands of modernists who are out to undermine the core of the Catholic Church’s doctrine and morals.

LifeSiteNews has reached out to Laporta to obtain further details, particularly as to why the NSA official would say that they would “soon” force him to resign, considering the alleged discussion took a place a full seven years before Benedict’s actual resignation.

Quote:The Saint Gallen Group, also called the Saint Gallen Mafia, was an informal group of high ranking like-minded liberal/reformist clerics in the Catholic Church, described by the Bishop of Saint Gallen, Ivo Fürer, who hosted the discussions, as a Freundeskreis ('circle of friends') – who met annually in or near St. Gallen, Switzerland, in January, to freely exchange ideas about issues in the church.

The notion of the military ever voluntarily releasing top secret information has always puzzled me.

As we know that is not in their nature, it does not fit their M.O.

So who would make the colossal blunder of releasing this information to the press?

A naive Col. Blanchard?

What, he thought the public had a right to know and didn't bother to check with his bosses first?

Not-very-likely.


How about we give a listen to the man who actually issued this press release to the media,

who in the end, gave us the answer as to whose bright idea it was to issue the press release stating that the Army had 'captured' a Flying Saucer.


Before his death in 2005, he signed a sealed affidavit confession to be opened only after his passing.

Before that time, all he had ever said publicly is that Col. Blanchard called him up one day and dictated the press release to him that he wanted given to all press media.

Which is indeed true, but not the whole truth as we were later to find out.

"On Tuesday morning, July 8, I would attend the regularly scheduled staff meeting at 7:30 a.m.

Besides

Blanchard,
Marcel;
CIC Capt. Sheridan Cavitt;
Col. James I. Hopkins, the operations officer;
Major Patrick Saunders, the base adjutant;
Major Isadore Brown, the personnel officer;
Lt. Col. Ulysses S. Nero, the supply officer; and from Carswell AAF in Fort Worth, Texas, Blanchard’s boss,
Brig. Gen. Roger Ramey and his chief of staff,
Col. Thomas J. DuBose were also in attendance.

...One of the main concerns discussed at the meeting was whether we should go public or not with the discovery.


Gen.Ramey proposed a plan, which I believe originated with his bosses at the Pentagon.

Attention needed to be diverted from the more important site north of town by acknowledging the other location.

Too many civilians were already involved and the press already was informed.

I was not completely informed how this would be accomplished."


So the origin of this idea was actually from the Pentagon.

And the primary motivation was -

"Attention needed to be diverted from the more important site north of town by acknowledging the other location.

Too many civilians were already involved and the press already was informed."


Now add to the equation some information that the military had, that not even the President knew -

Not only had we broken the German and Jap secret codes, but the Soviets as well.


The Venona project began in 1943, and through this project the military were well aware of how many Russian spies had infiltrated even the Manhattan project.

The very existence of this program was not revealed until a leak in 1995.


From Wiki -

"The decrypted messages gave important insights into Soviet behavior in the period during which duplicate one-time pads were used.

With the first break into the code, Venona revealed the existence of Soviet espionage at Los Alamos National Laboratories.

Identities soon emerged of American, Canadian, Australian, and British spies in service to the Soviet government, including Klaus Fuchs, Alan Nunn May, and Donald Maclean.

Others worked in Washington in the State Department, the Treasury, Office of Strategic Services,and even the White House.


For much of its history, knowledge of Venona was restricted even from the highest levels of government.

Senior army officers, in consultation with the FBI and CIA, made the decision to restrict knowledge of Venona within the government (even the CIA was not made an active partner until 1952).

Army Chief of Staff Omar Bradley, concerned about the White House's history of leaking sensitive information, decided to deny President Truman direct knowledge of the project.

The president received the substance of the material only through FBI, Justice Department, and CIA reports on counterintelligence and intelligence matters.

He was not told the material came from decoded Soviet ciphers."


The Pentagon was also well aware that New Mexico was lousy with civilian Russian spies interested in Los Alamos, White Sands and of course the 509th Atomic Air wing.

Those were undoubtedly the civilians the Pentagon was primarily concerned with 'diverting their attention' as stated.

So it was the old 'bait and switch ruse' used since the debris field was the only site known to the public at that point, and the military wanted to keep it that way while they recovered and cleaned up the crash site.

And the debris field was already cordoned off.

Once that was accomplished, the weather balloon story was... 'released'.

Walter Haut, who released this headline to the media, was also allowed to see the recovered Disc and alien bodies by his commander and old friend from WWII - Col Blanchard.

They were both Bomber pilots in the same squadron who flew missions over Japanese targets during WWII.

Very interesting 10 min vid:




"The "magic square of the sun," was one of the most important symbols used to represent the sun in antiquity. Gematria is the practice of assigning a numerical value to a name, word or phrase according to an alphanumerical cipher. Sacred Geometry is often referred to as the “architecture of the universe”, it ascribes symbolic and sacred meanings to certain geometric shapes and proportions and is found throughout the natural world."

Mushrooms... Friend or Foe?

Quote:Half Moon Bay: Seven dead in another California mass shooting

'The US state of California is reeling from its third mass shooting in eight days after a man shot dead
seven former co-workers south of San Francisco. The attacks took place in the coastal city of Half Moon
Bay. Some of the victims were Chinese-American.


Suspect Chunli Zhao, 66, was arrested after driving to a police station.

It comes as the state mourns the deaths of 11 people in Monterey Park - about six hours south-east of
Half Moon Bay - during Lunar New Year celebrations. And just over a week ago, six people including a
teenage mother and baby were killed at a property in Goshen, central California.

In emotional remarks at a news conference in Half Moon Bay on Tuesday afternoon, California Governor
Gavin Newsom said he's grown weary of having to "say the same things we hear again and again" in the
wake of mass shootings.

"What the hell is wrong with us that we allow these weapons of war and large capacity magazines out on
the streets and sidewalks?" he asked. "Why have we allowed this culture, this pattern, to continue?"
"Only in America do we see this kind of carnage," he added.

The latest bloodshed to hit the state took place at two farms around the Half Moon Bay community in what
officials have described as instances of workplace violence. Four victims were discovered at a mushroom farm,
while the other three were later found at a nearby trucking business. An eighth victim who was transported to
hospital is out of surgery and in a stable condition, San Mateo County Sheriff Christina Corpus said at a
news conference on Tuesday.

The victims were five adult men and two women, Sheriff Corpus said. All of them were agricultural workers,
Half Moon Bay Mayor Deborah Penrose told CNN on Tuesday. The suspect was a resident of Half Moon Bay
and employed at the Mountain Mushroom Farm, Sheriff Corpus said.

"The only connection between the suspects and the victims is that they may have been co-workers," Sheriff
Corpus said. "All of the evidence we have points to this being an instance of workplace violence." The operator
of the farm - California Terra Garden - later confirmed that the suspect lived at one of the two locations where
people were killed.

The suspect is due to be arraigned on Wednesday in Redwood City, California, according to local US media
outlets. Alicia Ortega said her partner, Martin Martinez, a manager of the mushroom farm, was shot and killed
in the attack.

The last time she spoke to him was in "the morning, when he [went] to work", she told KPIX, a local affiliate o
CBS News, the BBC's US partner. A number of children who had recently been let out of school and lived on
the rural property saw the attack take place, Sheriff Corpus said.

"For children to witness this is unspeakable," the sheriff's office said.
After carrying out the killings, the suspect drove to a local police station where his arrest was caught on camera.
US news channels showed the suspect being pinned to the ground and arrested by police. He used a legally
purchased semi-automatic pistol, Sheriff Corpus said.

San Mateo County Board of Supervisors President Dave Pine told the Associated Press news agency that the
attacks were committed by a "disgruntled worker". In a statement, President Joe Biden said he was praying for
the victims and called on Congress to pass legislation reintroduced this week by Democratic senators that would
raise the minimum age to purchase assault weapons in the US to 21.

Just hours after the attack, seven people were injured and one person was killed in a shooting in Oakland - about
40 miles (64 km) north-east of Half Moon Bay. The Half Moon Bay attack is the 37th mass shooting in just 24 days,
according to Gun Violence Archive.

Even as details of the deadly attack in Half Moon Bay were coming in, detectives in the south of the state were
still hunting for a motive for the killings in Monterey Park. There, an elderly Asian immigrant murdered 11 people
in a suburban dance hall, before killing himself as police closed in...'

Mint a Trillion Dollar Platinum Coin!

Quote:The Trillion-Dollar Coin Might Be the Least Bad Option

Why the legal scholar Rohan Grey thinks the U.S. Mint can defuse the debt-ceiling standoff.

Rohan Grey is a law professor at Willamette University, in Oregon, and a leading promoter of an arcane idea that could save the country from all that drama: The Biden administration could exercise its unilateral legal authority over U.S. currency to mint a trillion-dollar platinum coin and use it to pay the government’s bills. The idea seems peculiar—it first surfaced in 2010 in the comments section of a niche blog devoted to unconventional monetary policy—but Grey and others believe it would be less disruptive than many alternative scenarios.

Annie Lowrey: Let’s start with a simple question. What is the debt ceiling?

Rohan Grey: Before the debt ceiling existed, Congress would include a method of financing with each individual spending bill that it passed. Every piece of spending legislation would say The Treasury is going to issue a certain amount of securities of this duration and type or Congress will fund it with this tax or by seigniorage.

In 1917, during World War I, Congress consolidated different authorities into one and allowed the Treasury to issue bonds without its specific guidance; it created the debt ceiling. Then in World War II, in 1939, it said: As the U.S. government gets more complicated, we’re going to put more trust and discretion in the executive branch. We’ll give you a general limit on the amount of Treasury securities you can issue, and you can use those funds for all our spending commitments. The history of the debt ceiling—counterintuitively—is the history of giving the Treasury, the executive branch, more discretion.

Lowrey: And now?

Grey: As is often the case in politics, the minute you create something, it gets used in unexpected and counterintuitive ways. The debt ceiling has become a locus, a symbolic place, for politicians to fight over overall spending, overall budgeting. Every time people want to second-guess budget practices, every time they don’t like a certain social-welfare program, the debt ceiling becomes a way to object.

Lowrey: Right now, a handful of Republicans have said they won’t lift the ceiling unless Congress negotiates a new set of spending cuts. What happens if Congress does not agree to do that and does not lift the ceiling?

Grey: Right now, we’re using “extraordinary measures,” which is something we’ve done repeatedly once the Treasury exhausts its authority to issue more bonds. Many of those extraordinary measures are much more ridiculous than minting the coin.

Lowrey: We’ll get there in a second.

Grey: The short answer is we have found increasingly convoluted and elaborate ways to avoid a situation in which the Treasury cannot pay its bills. Going forward, one option is to ignore the debt ceiling entirely. Continue issuing Treasury securities—this is sometimes called the Fourteenth Amendment option. If you’re not going to do that, you have two options. You can continue to pay the bills.

Lowrey: In that scenario, the Treasury is seeing if the Federal Reserve would let it overdraw its checking account, basically?

Grey: Right. The second choice is to not spend money that Congress has told the executive branch it must spend—whether that’s repaying existing debt, paying interest on existing debt, contractual debts, Social Security payments, anything else.

You ignore the debt ceiling and openly violate existing law regarding financing. Or you do not violate the debt ceiling, but you violate existing law regarding spending. My concern with the latter is that it means the Treasury secretary is put in the position of deciding what to spend money on and what not to spend money on. That’s a huge executive-branch power grab. In fact, President Nixon tried to do it in the 1970s. He said [in effect], I don’t want to spend money on certain welfare programs going to Black communities. Congress passed the Budget and Impoundment Control Act saying, No, when we say you have to spend, you have to spend. And the Supreme Court has reinforced that view in cases going back to Kendall v. Stokes in 1838.

Lowrey: A major concern is that if we default, there are going to be huge disruptions in the financial markets. Why?

Grey: Standard & Poor’s downgraded U.S. debt [in 2011], not because there was a chance the U.S. could not pay—the U.S. prints money; it can always pay its debts—but because of the absolute ridiculousness of the political situation. Creditors had reasonable concerns that the United States would fail to govern itself properly. That was the real concern: not default, but cartoonish incompetence.

I would be concerned that the president is willing to openly violate constitutional directives—that’s a bad state of affairs. From everything I’ve heard, there’s unanimity that that is where we’re headed. The White House will prioritize certain payments over others.

Lowrey: What does minting a trillion-dollar coin have to do with all of this? It’s got to be the greatest policy proposal to ever come from a blog comment, I guess.

Grey: The first form of constitutional lawmaking through internet meme.
There’s the general issue. There’s a famous Columbia Law Review article by these very serious constitutional law scholars, Neil Buchanan and Michael Dorf. The White House has used it as their guiding framework for debates over what to do. Buchanan and Dorf lay out a trilemma with the debt limit. Congress gives you three directives in seeming contradiction with one another: You have to spend X. You have to tax Y. You can only issue Z amount of debt. If those are in tension, they argue the debt limit should be the one that gets violated.

I agree with that. But there is, in fact, a fourth option. To frame it as a three-legged stool, you’re already failing. You’re already bringing ideology into what could be an open-ended discussion. If we take seriously that there are limits on spending, limits on taxation, and there is a debt ceiling, we have to exhaust that fourth option before we start ignoring laws on the books: the platinum coin.

Here’s the specific way it works: There’s a provision of law—deliberately put there by a very visionary U.S. Mint director, who had very ambitious goals for the Mint—that lets the Mint issue coins of whatever denomination they want and in whatever quantities they want. The coins don’t have to have a certain amount of metal content. They don’t have to be commemorative, circulating, or noncirculating—that’s all open. They have to be proof coins, which means high production grade. They have to be nice and shiny.

We don’t think of the Mint and the Fed as sisters, but they are, by the way. It’s just one is the sort-of lonely one that nobody talks about. The power to create money in the Constitution is literally the power to coin money.

Lowrey: So you mint a coin.

Grey: Yes. This is also thanks to a Republican named Mike Castle, as part of a commemorative-coin upgrade act that gets incorporated in an omnibus law. Mike Castle’s vision was predictably quite narrow: He wanted to make revenue for the Mint, and by extension the government, by selling commemorative coins. He was thinking in much smaller orders of magnitude, like a few million dollars or something. A nice little revenue raiser. But what if we make coins that aren’t $100 in face value or $1,000 in face value? The sky’s the limit.

Lowrey: How does minting the coin avoid the debt ceiling?

Grey: The Treasury secretary has the Mint create a trillion-dollar platinum coin. It deposits it at the Fed, which credits the Treasury for the full base value of the coin. The Federal Reserve gets an asset and a liability matching one another. It’s just like you taking a $100 bill to the bank and the bank giving you $100 in deposit liability. This is exactly the way that existing coins get booked, by the way. Just with a few more zeros.

Lowrey: It’s a goofy idea. It’s a dumb-sounding idea. It feels like exploiting a loophole. Is that why we haven’t done it?

Grey: That’s a very cynical position. People are coming up with all kinds of gimmicks that sound serious. They sound so complicated. You know, I was an elementary-school teacher, so I don’t have a problem with ideas so simple a 5-year-old can understand them. When a 5-year-old says, “Hey, maybe we shouldn’t have wars anymore,” you’ll hear people say, “Oh, you’re so naive! You’re a child! You don’t understand how the world really works.” Oh, I’m sorry. You’re the smart one! That’s why you’re dropping bombs on Vietnam!

The idea that all of these complicated mathematical models, all these complicated legal analyses, are valid—it’s bullshit. The reality is that this is a self-imposed problem, because we have a fetish for complexity and so-called financial nuance. Look at the history of extraordinary measures that the Treasury secretary has been taking since the 1980s! They’re all accounting gimmicks, every single one of them. People in the corporate-finance world say that [minting the coin] is a joke; this is a gimmick. They’re really saying it’s populist, not technocratic.

Lowrey: I do wonder whether they would have just done it 10 years ago if it had sounded less weird, or if the media had covered the idea differently.

Grey: When public officials want to change the number of years that the National Security Agency is allowed to retain data, they do it on a rainy Wednesday buried in paragraph three of a press release.

Lowrey: Instead we have a debt-ceiling near-crisis every couple years. It’s financial Groundhog Day.

Grey: For a long time, during the Obama administration, the strategy was: Let’s not legitimize debt-ceiling terrorism. If we start talking about ways to get around it, we’re taking the pressure off the Republicans to come back to the negotiating table and do what they should do.

It’s very dangerous to play a game of chicken. It requires two sides to play! If you swerve, there’s no game of chicken anymore. The Obama administration wanted to play a game of chicken. And their bet paid off in the sense that Mitch McConnell eventually blinked and kept blinking. It wasn’t costless. It was at the expense of millions of people that had to get sent home and didn’t get their paychecks, and a huge amount of political energy was devoted to this issue that could have been focused on other things. And they went through the deficit-reduction commission. It wasn’t costless. It was a very risky gamble that required them to say, in essence, I’m willing to lie about the obligations that I have as the executive branch to respect Congress’s spending authority.

Lowrey: If we were talking 10 years ago, I think I would have said that this was about small-government ideology on the Republican side. I would have been wrong about that. It’s not about budgetary discipline; it’s more about procedural power.

Grey: Yes. Their logic is: I want to litigate the previous Congress. I can’t do that. I can’t unwind the spending bills that were passed. I don’t have the votes. I’m going to point at the president and make him the patsy for it so I can shadowbox the prior Congress.

Lowrey: There’s a new set of Republicans doing just that.

Grey: You know, I think the media has to take some responsibility here too. We uncritically accept the Democrats’ framing of this as the correct one. The reality is, whether you are a bunch of apocalyptic children or seemingly cool-headed technocrats who can’t work out how to actually make government work, you’re both part of the problem. And hopefully, the media can take responsibility for the fact that they’ve had 10 years to frame this with a different narrative, and they haven’t done it. Every time, the fourth option is a gimmick, but extraordinary measures aren’t; every time, violating the Constitution is the “reasonable” path forward.

Quote:The Fed will have to accept the $1tn platinum coin by Nathan Tankus (Jan 18, 2023)

The US is approaching yet another self-inflicted debt-ceiling crisis, and that means it’s time to revisit a proposal to circumvent the entire contrived drama by minting a $1tn coin and depositing it with the Federal Reserve.

I’ve written about the basics of this idea before, which have been extensively covered by many news media outlets. You can read my summary of it here. Today I want to focus on potential reason(s) the White House is not pursuing the “coin option”.

Word is that the Biden administration has one core objection: they do not believe the Fed will accept the coin. This is consistent with comments from a White House spokesperson in 2021. Without the Fed’s co-operation, the argument goes, there is no way to turn the coin into funds to make bank payments.

So why wouldn’t the Fed accept the coin? This is not actually a simple question.

The platinum coin would be legal tender when issued, and the Fed is a fiscal agent to the Treasury. Being a fiscal agent means making payments, accepting deposits and providing other payment-related services to the Treasury. Thus, the Fed would appear to be obliged to accept the coin. But there’s one catch: coins are only “issued” and monetised when they are purchased.

As a result, if the Treasury were to try to deposit the coin at the Fed, the Fed could claim they don’t have an obligation to accept it and credit Treasury’s accounts, because it has not yet been “issued”. In other words, the central bank would decide that the round chunk of platinum from the US Mint is not yet a coin. (This makes the catch we cite above more of a Catch-22, as the Fed’s acceptance is what would “issue” it as a coin.)
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Nevertheless, we can’t completely rule out the possibility that the Fed would indeed try to interfere with the coin’s issuance by refusing to accept it. The Treasury would then have to get an injunction against the Federal Reserve. The potential delays in receiving that injunction from legal debate and the like are not the kind of uncertainty the Treasury wants to deal with.

In that sense, it was worthwhile to mint and deposit a $1mn coin a year ago in order to have this legal fight in advance and set precedents for today. Since that didn’t happen, does that mean the platinum coin is not a useful option for today?

Not at all. The Treasury has more fiscal agents than the Fed. All it needs to do is find a chartered bank willing to accept the coin in deposit. That bank could then turn around and deposit the coin in its account at the Federal Reserve, and the Treasury can either make payments from that bank account, or transfer the funds to its own account with the Fed.

The coin, having already been issued, would be legal tender, and the Fed would have no basis for refusing it. Even so, I don’t think the Fed would force the Treasury to seek alternatives. So the Biden administration should call the Fed’s bluff. Avoiding catastrophic default — or needless austerity — is on the line.

The Doomsday Clock was moved from 100 seconds to 90 seconds to midnight today, Jan. 24, the closest it's ever been to Armageddon. Should have been mothballed 30 years ago.







Subspecies of psychic mutant-humans:



The Alpha-Omega The 'Divine Bomb'



To read the reasoning behind the decision of the Bulletin’s Science and Security Board to reset the Doomsday Clock, which takes into account nuclear risks, climate change, biological threats (especially disease outbreaks), and disruptive technologies, see lords of doom: (now translated in Russian & Ukrainian)


Bulletin of the Atomic Scientists




BBC Doomsday



Barron's





Today in 1961—less than four days after President John F. Kennedy’s inauguration—a B-52G bomber on airborne alert over North Carolina suffered a massive fuel leak, caught fire, and exploded approaching Seymour Johnson AFB. As it broke up, two 3.8-Mt B39 Mod 2 H-bombs fell out. Only a single “simple, dynamo-technology, low voltage switch” kept it from detonating.

As the weapons broke free, three of four arming safety devices in one of the bombs were activated, causing it to run through all but one step of the arming sequence as it plunged to earth.

Unlike the first bomb, the second bomb’s parachute did not deploy. It broke up as it penetrated the sandy clay soil at about 700 mph, ~.75 miles from where the first bomb landed, in tobacco and cotton fields about 12 miles north of Goldsboro. This bomb was also partially armed.


Here is a good overview of this Broken Arrow excerpted from the Sandia National Laboratories 2010 documentary, “Always/Never: The Quest for Nuclear Safety, Control, and Survivability.”




As this simple simulation shows (and depending on the wind patterns the day of the accident), if even one of these nuclear weapons had exploded, it would have devastated eastern North Carolina and much of the eastern seaboard, changing US history forever.


NukeMap


In 2012, North Carolina's Our State Magazine published a retrospective on the accident which included first-person accounts from Adam Mattocks, a pilot on the flight, and Billy Reeves, who was an 18-year-old living outside of Faro and saw the plane crash:

The Night Hydrogen Bombs Fell Over North Carolina

In 2018, former explosive ordnance disposal technician Lt. Jack ReVelle (USAF, ret.) talked with the BBC about locating, defusing, and salvaging the two thermonuclear bombs involved in this very serious Broken Arrow accident.


Defusing Nuclear Bombs: The Goldsboro 'Broken Arrow'


Also in late 2018, ReVelle talked about his experiences at this nuclear weapons accident site with his daughter Karen for StoryCorps on National Public Radio’s “Morning Edition.”


8 Days, 2 H-Bombs, And 1 Team That Stopped A Catastrophe

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Ever wonder what happened to the Alien craft testing program at Area 51?

Did it suddenly disappear after Bob Lazar spilled the beans on the evening news in late 1989?

Well for one thing, that location continued to test these craft there until the end of 1992.

I collected the reports and videos people took out there until 1993 then -poof- the testing stopped at that location.

Myself and many others were very surprised the military had continued testing these craft there on a weekly basis for 3 years after Bob had revealed the existence of the program.

Once testing of these craft had vanished from Area 51 we wondered where this program had been moved to.

Around 2010 John Lear revealed that a friend of his had taken an ATV out at night to probe the perimeter of Dugway military base located in the NW corner of Utah and nearly got caught by security, but confirmed he had seen gravity propulsion craft being tested that night.

Well that certainly made sense to relocate there since it was a short drive from Area 51 to Dugway and the new digs had a much larger security perimeter than Area 51 had.

I became a subscriber to the UTAH UFO group on YT to see if they ever captured anything unusual.

Sure enough in 2011 they made a trip to the outskirts of Dugway and got some very interesting footage.

I passed it along to my team who used our special software on it that can detect gravity propulsion in use and bingo!

So I spotted this video the other day from John Greenwald of The Black Vault fame which tells me that they are still active in their new digs -