A2A with John Titus

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John Titus is the producer of the fantastic YouTube channel, "BestEvidence", and we recently featured his most recent work in this post: https://www.tfmetalsreport.com/blog/7146/must-watch-video. Here at TFMR, we frequently discuss the LIES, SPIN and MOPE that emanate from The Fed and their sycophant media. John's work puts facts behind this analysis and we should all be grateful for his efforts.

Before we begin, perhaps you should watch these two videos. While we heartily recommend each and every video posted on the BestEvidence site, these two really serve the purpose of shedding light on the outright lies and deception of The Fed and its Board of Governors.

In today's 40-minute presentation John addresses a number of items, including:

  • the myth of eventual "Fed balance sheet normalization"
  • the deliberate lies told by then Chairman Bernanke in order to "sell" TARP in 2008
  • the so-called "independence" of The Fed as it pertains to the executive and legislative branches of government
  • what really happens behind the scenes at FOMC meetings and how policy statements are crafted

Please take the time to listen to this entire podcast. The FOMC meets again next week and you're about to be bombarded with a new cascade of SPIN and MOPE from LIESman, the BBB and all the rest. Only with your eyes open will you be able to see the truth and we thank John for helping to shine the light of truth on the process.

TF

  81 Comments

CPE
Oct 22, 2015 - 1:30pm

Thx

Turd

4 oz
Oct 22, 2015 - 1:38pm

*

tyberious
Oct 22, 2015 - 1:39pm

Been

Waiting for this!!

Thanks John and Craig.

Wingy
Oct 22, 2015 - 1:49pm

Thanks for the great A2A

John was "on" today with plenty of facts and a very high quality view of the Fed. Have a nice evening Craig.

JackPutter
Oct 22, 2015 - 2:14pm

Sometimes the search is simple=MBS bailouts

Search=mortgage back securities without mortgages

The ongoing housing bailout: taxpayers own 50% of all residential mortgages

https://ochousingnews.com/blog/the-ongoing-housing-bailout-taxpayers-own...

LostMind
Oct 22, 2015 - 2:21pm

Thanks Craig

Did not disappoint! Excellent A2A.

I look forward to his next big reports!!!

JackPutter
Oct 22, 2015 - 2:25pm

I might be a tin hatter, sterilized google search

If you're lucky enough to have the wording right, or timing your query prior to Google editing, their search can still be useful. This is a donation based news site, and turning out to be useful.

Google Morphs Into Sinister Orwellian Truth Ministry

https://russia-insider.com/en/media-criticism/google-morphing-sinister-o...

CPE
Oct 22, 2015 - 2:34pm

Regulation

Please Dear Leader, please regulate problem XYZ because of government's long term track record of productivity, return on capital, ability to rise above the human condition, and general imperviousness to bribes and low morality:

https://hosted.ap.org/dynamic/stories/U/US_MINE_WASTE_SPILL_INVESTIGATION?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-10-22-14-01-20

Oct 22, 2:01 PM EDT

APNewsBreak: EPA mine spill could have been prevented

By MATTHEW BROWN
Associated Press


AP Photo/Brennan Linsley

BILLINGS, Mont. (AP) -- Government investigators squarely blamed the U.S. Environmental Protection Agency Thursday for a 3 million gallon wastewater spill from a Colorado gold mine, saying an EPA cleanup crew rushed its work and failed to consider the complex engineering involved, triggering the very blowout it hoped to avoid.

The spill that fouled rivers in three states would have been avoided had the EPA team checked on water levels inside the Gold King Mine before digging into its entrance, Interior Department investigators concluded.

The Associated Press obtained the findings on the Aug. 5 spill on Thursday prior to their public release. The report has implications across the United States, where hundreds of thousands of abandoned mines have yet to be cleaned up.

The report found that the root causes of the accident began several decades earlier, with changes made by mining companies that altered the flow of groundwater through a series of interconnected tunnels in the extensively mined Upper Animas River watershed.

EPA documents show its officials knew of the potential for a major blowout from the Gold King Mine near Silverton as early as June 2014. EPA officials described the blowout as "likely inevitable" because so much water had built up inside the mine.

The Interior report directly refutes that assertion and says the cleanup team could have used a drill rig to bore into the mine from above to gauge the danger of a blowout.

"This error resulted in development of a plan to open the mine in a manner that appeared to guard against blowout, but instead led directly to the failure," according to engineers from Interior's Bureau of Reclamation who spent two months evaluating the technical circumstances surrounding the accident.

The engineers stopped short of assigning fault to any individuals, despite prior claims from EPA Administrator Gina McCarthy that the probe would determine if any negligence was involved.

A U.S. Army Corps of Engineers official who reviewed the report expressed "serious reservations" over the EPA's failure to explain exactly how its communications broke down, or to justify why its officials were so insistent on starting the work without more information about the engineering complexities involved.

A separate investigation into the spill is pending from the EPA Inspector General's Office.

EPA officials did not immediately respond to a request for comment on the report.

The accident fouled rivers in Colorado, Utah and New Mexico, temporarily shutting down drinking water supplies and cropland irrigation.

Guidelines for cleaning up such mines focus on details such as water sampling and treatment. Yet they have "little appreciation for the engineering complexity" and require but don't receive significant expertise, the Interior Department's 132-page report concluded.

braincramps
Oct 22, 2015 - 2:39pm

What?

Just listened to the A2A and found out that the Bernanke lied to us? Time's man of year, the saving grace of humanity, the smartest guy in the room is a con artist? Wow, I guess it's time I woke up...

James Crighton
Oct 22, 2015 - 2:42pm

John Titus:

thank you for all you do - you are a true patriot and hero.

jc

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

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