Risk of Global Financial Crash Has Increased

The risk of a global financial crash has increased because a slowdown in China and decline in world trade are undermining the stability of highly indebted emerging economies, according to the International Monetary Fund (IMF).

The Washington-based lender of last resort said the scale of borrowing by emerging market countries, whose debts are vulnerable to rising interest rates in the US, mean policymakers need to act quickly to shore up the financial system.

José Viñals, the IMF’s financial counselor, said the threat of instability and recession hanging over economies including China, Brazil, Turkey and Malaysia was one of a “triad of risks” that could knock 3% off global GDP. The second, he said, was the legacy of debt and disharmony in Europe, while the third is centered on battered global markets that are more likely to transmit shocks rather than cushion the blow.

At the very least, central banks would need to remain vigilant and be prepared to increase their stimulus programs should difficulties in emerging market countries spill over into the financial system.

Addressing the prospect of an interest rate rise in the US, Viñals said there was little reason to tighten monetary policy before Christmas while inflationary pressures and wage rises remain low. “The risks of a premature tightening are greater than those of waiting two or three more months,” he said. (Read more from “Risk of Global Financial Crash Has Increased” HERE)

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The Knife Intifada… Coming to a City Near You

Over the past few decades, Israel has served as the harbinger for everything the Islamic jihad has wrought on western civilization. The suicide bombings began there and have now become widespread throughout the world. Now Israel is suffering from the most devastating form of terror – the ubiquitous threat of spontaneous stabbing attacks from Muslims living among them.

Well, it didn’t take long for the knife intifada to come to America, too.

Last Wednesday, 18-year-old Faisal Mohammad, in a scene eerily similar to what is happening in Israel on a daily basis, went on a stabbing rampage against his classmates at University of California Merced. Thanks to the heroic interference from Byron Price, a construction worker on scene, only four people were injured and nobody was killed. Mohammed was eventually shot dead by campus police after arriving to the scene. But a manifesto written by Mohammad, discovered by the coroner after his death, showed that he intended to “kill a lot of people.” The manifesto also contained references to Allah.

Every time one of these attacks occur, the first reaction from most observers – to the extent they even recognize Jihad as the root cause – is to suspect ISIS of being involved. In reality, what we are now facing in this country, much like Israelis are confronted with in their neighborhoods, is a widespread freelance Jihad that is even more dangerous than the targeted command-and-control attacks of the past that were the hallmark of Al Qaeda.

In Israel today, many of the attacks are not emanating from “Palestinian” Arabs living in Judea and Samaria but from the 1.5 million Israeli Arabs who have citizenship and work among them. The success of the global cyber jihad is lighting all of the fuses around the world in a way that presents the West with a greater existential threat than isolated “9-11 style” attacks.

Consider the following finding from a recent counterterrorism report put out by the House Committee on Homeland Security:

There have been more U.S.-based jihadist terror cases in 2015 than in any full year since 9/11. The number of U.S. terrorist cases involving homegrown Islamist extremists has gone from 38 in July 2010 to 127 today—more than a three-fold increase in just five years.

You wouldn’t know it from the media coverage or the silence from most elected officials, but we have suffered from a number of homegrown terror attacks this year. These attacks are not directed by Al Qaeda or ISIS, they are inspired by their change in focus to fard ‘ayn – the individual duty to carry out Sharia law.

At its core, this is the problem with the mass immigration from the Middle East and Obama’s imminent plan to bring in thousands of more Islamic refugees from Somalia and Syria – a plan that has, thus far, gone unchallenged by Congress. It’s not just a threat of admitting a handful of professionally trained terrorists. It’s the certainty of bringing in a large percentage of those who believe in Sharia law and will inevitably subvert our culture and be lured into global Jihad. We are witnessing the suicide of a nation with our immigration policies and the willful disregard of the threat posed by the Muslim Brotherhood here at home. What is especially tragic is that we are not learning the vivid lessons of Europe and Israel.

With this clear and present danger staring us in the face, we don’t need a political leadership with a particular degree of sentience to realize the problem. We need those with the courage and common sense to put aside the political correctness and spare this country – the “Great Satan” (as the Jihadists endearingly call the U.S.) – from becoming as endangered as the “Little Satan.” (For more from the author of “The Knife Intifada… Coming to a City Near You” please click HERE)

Watch a recent interview with the author below:

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Lawsuit Filed Against State Adopting Common Core, Claims Unconstitutional Federal Usurpation of Public Education

The Thomas More Law Center, a national public interest law firm based in Ann Arbor, MI, late last week, filed a lawsuit against West Virginia Governor Earl Tomblin and several state officials to stop the state’s implementation of Common Core and its participation in the Smarter Balanced Assessment Consortium (“SBAC”). The lawsuit claims that West Virginia’s funding and participation in Common Core violates the U.S. Constitution, as well as federal and state laws that prohibit the federal government from usurping control over public school education. The lawsuit was filed in the Kanawha Circuit Court in West Virginia on behalf of two West Virginia taxpayers.

The Thomas More Law Center (TMLC) is co-counsel in the case with D. John Sauer of the James Otis Law Group based in St. Louis, MO. Two prominent West Virginia attorneys, Jeffrey Kimble and Ryan Kennedy of Robinson & McElwee, PLLC, are assisting as local counsel.

TMLC’s lawsuit seeks to stop West Virginia’s payment of membership fees of over $1.5 million per year on the grounds that SBAC, to which West Virginia is a member, is an unconstitutional compact because it was never approved by Congress. The Compact Clause of the United States Constitution provides that “[n]o state shall, without the consent of Congress . . . enter into any agreement or compact with another state.”

West Virginia’s SBAC membership agreement forces West Virginia schools to align their curriculum with Common Core.

The two Plaintiffs named in the lawsuit, Angela Summers and Fred Dailey, are prominent members of West Virginia Against Common Core and for over two years have voiced deep concerns about their state’s participation in Common Core.

Summers has five grandchildren. She began her battle against Common Core in 2013 over the new Common Core aligned math being taught to her grandchildren. Her concerns grew as she became aware of the federal government’s intrusion into local classrooms, federalized collection of student data, and the requirement of excessive testing. Summers says that the battle against Common Core is a battle “we cannot lose. If we lose, we will lose our children. If we lose our children, we will lose this nation.”

Dailey, who also has grandchildren, is an Environmental Engineer with a Masters degree. He worked as a Plant Manager for a major Chemical Manufacturing facility for 10 years prior to retiring. Dailey explains one of his reasons for getting involved in the lawsuit, “I strongly believe that the education of our children is best done locally with choices made by parents, teachers, and locally elected Boards of Education.”

The Thomas More Law Center and Sauer filed a similar lawsuit on behalf of state taxpayers against North Dakota officials five months ago. A decision in that case is still pending.

Both the North Dakota and West Virginia lawsuits follow the success of a previous lawsuit filed by Mr. Sauer that stopped Missouri’s implementation of Common Core. That case is currently on appeal. The Thomas More Law Center filed a friend of the court brief in support of upholding the Missouri district court decision.

Forty-three states initially joined either SBAC or the Partnership for Assessment of Readiness for College and Careers (“PARCC”), to implement Common Core under federal government oversight. However, several states have since canceled their membership due to growing opposition from parents and teachers.

Richard Thompson, President and Chief Counsel of the Thomas More Law Center, commented on behalf of the Law Center, “The unspoken agenda of Common Core is to undermine the fundamental right of parents to control the education of their children. It’s an insidious bureaucratic system in which the Federal Government takes control of what and how American students learn. Teachers who complain about the Common Core are muzzled by threats of discipline or dismissal.”

In school districts across the country, administrators subject children, who obey their parents’ wishes and decline to participate in Common Core standardized testing, to unbelievable punishments. Students have been suspended, refused entrance into their classrooms, refused bathroom privileges, stripped of their academic and extracurricular honors and awards, removed from athletic participation, and punished with “sit-and-stare” policies. “Sit-and-stare” is a practice that forces students to sit at their assigned desk with no materials, books, or paper in silence for multiple hours during testing.

As a part of its efforts to help parents combat Common Core, the Thomas More Law Center developed a Test Refusal and Student Privacy Protection Form and a Common Core Resource Page as a general reference and guide. (For more from the author of “Lawsuit Filed Against State Adopting Common Core, Claims Unconstitutional Federal Usurpation of Public Education” please click HERE)

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Is the FBI Closing in on Hillary? If so, Will There Be Jail Time?

In an administration known for its disdain for accountability and appalling disregard for justice, FBI Director James Comey sets himself apart as a straight shooter and strong adherent of the equal application of the law. To those who know and/or have worked with him, Comey’s character is unimpeachable, his integrity unique, and his pursuit of justice determined, focused, and incorruptible in a capital where such traits are routinely eschewed.

According to Dr. Monica Crowley, quoted below, Comey is closely overseeing his crack cyber-forensic team, which has masterfully managed to do what many claimed couldn’t be done: they accessed the files on Hillary Clinton’s “wiped” email server. If they find ample evidence to indict her, as Crowley intimates below, and the Justice Department decides not to pursue charges, many political pundits foresee Comey resigning, or looking the other way when whatever illegal activity they found starts to leak.

Most observers agree that going after General David Petraeus, a true national treasure, for having some “Confidential” — not “Top Secret” — documents stored in a desk drawer, but not pressing charges on Clinton if she sent and received “Top Secret” documents would be seen as, at best, a blatant double standard, and at worst the same kind of collusive corruption we’ve seen for far too long in Washington.

But has the FBI found criminal offenses in their quest for justice? Apparently so. During an appearance on the “O’Reilly Factor”, Dr. Monica Crowley was granted an extremely rare waiver: she was allowed to cite “anonymous sources” on the progress of the investigation. She had managed to find two unnamed investigation insiders, who gave her solid information that should result in an indictment of Mrs. Clinton for violations stemming from the use of her private email server . . .

It should be remembered that on March 10, 2015, when Hillary Clinton gave her first explanation about her server during a presser at the U.N., she clearly stated, “I did not email any classified material to anyone on my email. There is no classified material, so, I am certainly well aware of the classification requirements and did not send any classified material.” (Read more from “Is the FBI Closing in on Hillary? If so, Will There Be Jail Time?” HERE)

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Obama Admin: Iran Revolutionary Guard Corps Not a Terror Group

The State Department does not currently believe that Iran’s Revolutionary Guard Corps should be designated as a foreign terrorist organization despite the military organization’s efforts to procure nuclear materials and conduct terrorist operations across the globe, according to a State Department official who spoke to the Washington Free Beacon.

Obama administration officials last week were hesitant to address the issue during testimony before the House Foreign Affairs Committee. When asked to clarify its position on the corps, a State Department official told the Free Beacon that now is not the time to formally designate the military group as a terrorist organization.

Iranian officials have insisted that any new sanctions from the United States would be considered a violation of the recent nuclear deal and cause for Iran to walk away from the agreement.

The State Department maintains that the sanctions in place on the corps, which target certain individuals and actions, are enough to rein in the group’s rogue behavior. Iran itself is designated as a state sponsor of terror.

“We believe the sanctions we have in place remain the most appropriate and effective tools for targeting the IRGC, and we are making full use of such authorities with respect to the IRGC,” said a State Department official who was not authorized to speak on record. “In addition to Iran’s designation as a State Sponsor of Terrorism, we have a substantial set of sanctions already in place against the IRGC.” (Read more from “Obama Admin: Iran Revolutionary Guard Corps Not a Terror Group” HERE)

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Ted Cruz Seeks to Remove Muslim Brotherhood’s Veil

Imagine the existence of a group involved in covertly formulating a plan on how to subvert the U.S. Constitution, distributing that plan among its leadership and agents within the U.S., quietly supporting terrorism to further this agenda, declaring war against America, and brazenly recognizing U.S. indifference by boasting about its terrorist activities.

A rational mind would conclude this group be identified as a domestic threat with every effort made to minimize its influence. Yet President Obama has not only embraced the group, but welcomed its leaders to the White House.

In numerous other countries—Egypt, Saudi Arabia, Syria, the UAE, Bahrain and Russia—this group, known as the Muslim Brotherhood, has been banned due to its well-known destructive intentions and terrorist acts. The Obama administration has yet to do the same.

Legislation to pull back the Muslim Brotherhood’s veil, exposing its telltale terrorist heart, has been introduced—again. On November 3, legislation was filed to have the Muslim Brotherhood designated a “Foreign Terrorist Organization” (FTO)—introduced by Senator Sen. Ted Cruz in the Senate and Representative Rep. Mario Diaz-Balart in the House.

A similar bill introduced in July 2014 fizzled. The question now is whether Congress will push this bill through, forcing Obama’s Brotherhood enabler—U.S. Secretary of State John Kerry—to strip the group of its veil. (Read more from “Ted Cruz Seeks to Remove Muslim Brotherhood’s Veil” HERE)

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Navy Launches Second Test Missile off Southern California Coast

The U.S. Navy said it launched a second — and final — missile in a planned exercise Monday afternoon from a submarine off the Southern California coast.

The second test launch of the Trident II (D5) missile from a ballistic submarine in the Pacific Ocean took place Monday afternoon, the Navy said. The blast-off took place to far less fanfare than Saturday night’s launch, which provoked residents from San Francisco to Mexico to take to social media, posting photos of an eerie-looking bluish-green plume smeared above the Pacific.

Speculations were wide-ranging, including rumors of an otherworldly alien UFO visit. In fact, the streak was generated from the Trident missile’s rocket motor.

The Navy later confirmed a ballistic submarine launched an unarmed Trident II (D5) missile in a test flight, but would not define the window of time available for conducting additional launches, nor would it disclose where the exercise was actually taking place.

“It’s important that we test these missiles for our national security,” said John M. Daniels, spokesman for the secretive Strategic Systems Programs office, which oversees the Navy’s nuclear-tipped missile arsenal. “We don’t announce future launches, but this is it for any time soon.” (Read more from “Navy Launches Second Test Missile off Southern California Coast” HERE)

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Missouri Protest: List of Demands Issued to University

Members of the University of Missouri football team raised awareness of the school’s racial turmoil Saturday, joining forces with the student protesters and threatening to boycott football activities until president Tim Wolfe is removed from his position.

The student group leading the protest, Concerned Student 1950, issued its list of demands, which the Columbia Daily Tribune published, to the university last month. It’s unclear if the university has taken steps to adopt any of the proposed changes, or if the striking football players want all of these demands met.

I. We demand that the University of Missouri System President, Tim Wolfe, writes a handwritten apology to the Concerned Student 1-­9-­5-0 demonstrators and holds a press conference in the Mizzou Student Center reading the letter. In the letter and at the press conference, Tim Wolfe must acknowledge his white male privilege, recognize that systems of oppression exist, and provide a verbal commitment to fulfilling Concerned Student 1-9-5-­0 demands. We want Tim Wolfe to admit to his gross negligence, allowing his driver to hit one of the demonstrators, consenting to the physical violence of bystanders, and lastly refusing to intervene when Columbia Police Department used excessive force with demonstrators.

II. We demand the immediate removal of Tim Wolfe as UM system president. After his removal a new amendment to UM system policies must be established to have all future UM system president and Chancellor positions be selected by a collective of students, staff, and faculty of diverse backgrounds.

III. We demand that the University of Missouri meets the Legion of Black Collegians’ demands that were presented in 1969 for the betterment of the black community.

(Read more from “Missouri Protest: List of Demands Issued to University” HERE)

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Democrat Introduces House Bill to Tax Every Gun

Congresswoman Nydia Velazquez (D-NY), the first Puerto Rican woman to be elected to Congress, with a history of clinical depression and attempted suicide, has introduced a bill in the House that would tax gun owners at a rate of $100 per firearm with proceeds going towards “anti-violence and mental health programs” . . .

HR 3830 describes its purpose as “To reduce gun violence, increase mental health counseling, and enhance the tracking of lost and stolen firearms.” If it becomes law, a $100 federal tax would be assessed on the sale of all new firearms. Revenue generated from the tax would go to a Department of Justice “Gun Violence Reduction and Mental Health Counseling Trust Fund”.

But any firearm by the federal, state or local government for police or other law enforcement purposes will be exempted from the tax.

In addition, HR 3830 would authorize the Attorney General to establish “a national standard for the incorporation of a passive identification capability into all firearms sold in the United States.”

“Passive identification capability” is defined as “a technology that–(A)enables a firearm to be identified by a mobile or fixed reading device; and (B) does not emit or broadcast an electronic signal or other information that would enable the firearm or its owner to be monitored or tracked.” (Read more from “Democrat Introduces House Bill to Tax Every Gun” HERE)

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Jack the Ripper’s Real Identity Was Poet Francis Thompson, Teacher Claims

England’s most notorious serial killer may have been renowned poet Francis Thompson, according to one teacher who claims to have cracked the century-old murder mystery.

Thompson penned poetry by day and butchered prostitutes by night under the guise of legendary murderer Jack the Ripper, Australian teacher Richard Patterson claims.

The 45-year-old educator says research from an exhaustive 20-year study shows the artist is the legendary culprit behind the grisly 1888 slays of five London prostitutes during a 10-week killing spree.

Thompson, from Preston, Lancashire, had surgical experience and hinted at his double life in some of his poems in which he talked about killing people, Patterson told the Mirror.

He “kept a dissecting knife under his coat, and he was taught a rare surgical procedure that was found in the mutilations of more than one of the Ripper victims,” the researcher said. (Read more from “Jack the Ripper’s Real Identity Was Poet Francis Thompson, Teacher Claims” HERE)

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