By Greg Hunter’s USAWatchdog.com
The supreme leader of Iran, Ayatollah Ali Khamenei, is sounding like there are not any negotiations to curtail that country’s nuclear program. Khamenei said Jihad is “endless” and the “battle will only end when the society can get rid of . . . America.” Khamenei also says continued enrichment of uranium and Iran’s ballistic missile program are not up for negotiation. What have I been telling you about the curtailment of Iran’s nuclear program? There is no curtailment. The only questions now are: will one side back down; and, if not, when will war start? On top of that, one of Iran’s top generals is predicting the collapse of the U.S. empire is near.
I don’t know if the empire is collapsing anytime soon, but GDP in the U.S. sure did. It was revised down to a negative 1% in the first quarter. It came in at a paltry .1% weeks ago, and a couple of my guests predicted it would be, in fact, revised to a negative number. Dr. Paul Craig Roberts and economist John Williams at Shadowstats.com both predicted it would be negative in the first quarter and that it will be negative in the second quarter, as well. I think I’ll go with Roberts and Williams for a negative second quarter GDP. You want other signs the economy is rolling over? Look no further than housing. Mortgage originations and home sales are tanking. According to Fed data, mortgage loan originations are down by more than $200 billion in the last 6 months alone. Yes, I know we are hitting all-time highs in the stock market, but I think the Fed is panicked and is propping up the market at all costs. How do I know? There was a 1% decline in GDP and no sell-off? Come on, we don’t have fundamentals anymore, just manipulation.
NSA whistleblower Edward Snowden was interview by NBC’s Brian Williams this week. In a nutshell, Snowden said he exposed the NSA spying because of big violations of the U.S. Constitution. Secretary of State John Kerry called Snowden a “coward” and a “traitor.” Kerry also said Snowden should “man up and come back to the United States.” Kerry used Daniel Ellsberg of “Pentagon Papers” as an example of someone who used “the court system of America and made their case.” Ellsberg called Kerry’s comments “despicable,” and if Snowden did return, we would not hear from Snowden “for the rest of his life.” Ellsberg is referring to the gutting of the due process guaranteed in the Constitution. The NDAA allows for the government to detain anyone indefinitely without charge or trial. Back in Ellsberg’s day, there was due process, but that was the early 1970’s. Does anyone think there would be a trial when the government can just call a whistleblower a terrorist and legally lock them away forever?
I wish John Kerry would get this upset when big banks launder money for countries on the State Department terror list. In the latest “fine and no jail time” world we live in, the Justice Department is going to fine BNP Paribas Bank $10 billion for doing business with Sudan and Iran. These countries are considered State Sponsors of Terrorism–in short, terrorists. Isn’t that treason? Shouldn’t that involve criminal charges and jail time? Didn’t Attorney General Eric Holder just say “No bank is too big to jail”? What does a banker have to do to be criminally prosecuted? Snowden is a traitor for disclosing we were tapping the phones of our allies and spying on all Americans? Laundering money for terror countries just gets a fine that is paid for by shareholders? How stupid or scared is the national press? Why don’t these so-called reporters ask this question next time Jay Carney is in the White House Briefing Room? Don’t hold your breath; our national media is a disgusting bunch of sell-outs.
Join Greg Hunter as he analyzes these stories and more in the Weekly News Wrap-Up.