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How Would You Fix This Colossal Multi-Trillion Dollar Mess?

Reprinted from NOQ report.

Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to stop it.  Unfortunately, from a short-term perspective I don’t know if there is anything that can be done to prevent the commercial real estate bubble from imploding.  Vacancy rates are surging to historic highs all over the nation, and without sufficient rental income many property owners will be forced to default.

In addition, a giant mountain of commercial real estate mortgages will be up for refinancing over the next few years, and substantially higher interest rates will make refinancing those mortgages exceedingly difficult.  We really are facing a “perfect storm” for the commercial real estate industry, and the fallout is going to be absolutely devastating for U.S. banks.

This is not a small problem.  Offices are sitting empty from coast to coast, and the total commercial real estate market in this country is currently valued at somewhere around 20 trillion dollars

From Dallas and Minneapolis to New York and Los Angeles, offices sit vacant or underused, showing the staying power of the work-from-home era. But clear desks and quiet break rooms aren’t just a headache for bosses eager to gather teams in person.

Investors and regulators, on high alert for signs of trouble in the financial system following recent bank failures, are now homing in on the downturn in the $20 trillion US commercial real estate market.

The pandemic sparked a “remote work” revolution, and now we have a lot of office space that is simply not needed any longer.

In fact, office vacancies in Manhattan are now at the highest level ever recorded

In New York’s Manhattan, office vacancies are at a record high, Bloomberg reported last week, even as new properties come online, adding even more space to the struggling market. And in Los Angeles and Chicago, office vacancies sat at 22.5% as of the fourth quarter of 2022.

This is a huge problem for property owners, because many of them don’t have enough tenants paying rent.

And as I mentioned earlier, an enormous pile of commercial mortgages “will be up for refinancing in the next couple of years”

They are a bellwether for what is likely to come, as more than half of the $2.9 trillion in commercial mortgages will be up for refinancing in the next couple of years, according to Morgan Stanley.

“Even if current rates stay where they are, new lending rates are likely to be 3.5 to 4.5 percentage points higher than they are for many of CRE’s existing mortgages,” wrote Morgan Stanley Chief Investment Officer Lisa Shalett, in a recent report.

In the end, we are going to see an unprecedented wave of defaults and commercial property prices are going to crash really hard.

As I noted yesterday, Morgan Stanley is actually warning that commercial property prices “could fall as much as 40%”

With small- and medium-size banks accounting for 80% of commercial real estate lending, the situation might soon get worse, says experts.

Commercial property prices could fall as much as 40% “rivaling the decline during the 2008 financial crisis,” forecast Morgan Stanley analysts.

Actually, I believe that projection is probably too optimistic.

At this point, commercial property prices are already down 15 percent from the peak of the market…

Prices in the United States were down 15% in March from their recent peak, according to data provider Green Street. The rapid increase in interest rates over the past year has been painful, since purchases of commercial buildings are typically financed with large loans.

In some markets, the carnage that we have already seen is quite breathtaking. For example, Blackstone recently sold two office towers in southern California at a 36 percent loss

Private equity firm Blackstone sold two 13-story Class A office towers, the Griffin Towers, in Santa Ana, Orange County, California, for $82 million to a joint venture between Barker Pacific Group and Kingsbarn Realty Capital. The towers, built in 1987, have a vacancy rate of 24%.

Blackstone had bought the towers in 2014 for $129 million, according to the Commercial Observer yesterday. The selling price makes for a loss of 36%. And Blackstone was lucky on this deal.

And an office tower in Houston just sold at a loss of 47 percent

In Houston, Parkway Property sold the 960,000-sf San Felipe Plaza in Uptown, to Sovereign Partners for $82.8 million in late March. The tower was built in 1984. Parkway Property ended up with the tower when it acquired Thomas Properties, which had bought the property in 2005 for $156.5 million. So this was a loss of 47%.

I don’t know why anyone would be willing to purchase commercial real estate at this stage.

Trying to catch a falling knife is a very dangerous thing. Of course commercial real estate is not the only bubble that is bursting.

We have already seen the crypto bubble burst, we have seen the bond bubble burst, and residential real estate prices are starting to fall all over the nation.

So far, stock prices are hanging in there, but a number of experts are warning that a big crash is just around the corner

Legendary investor Jeremy Grantham has topped the board for an extreme prediction about US stocks. The market historian has forecasted the S&P 500 could tank as much as 50% this year to about 2,000, as an “everything bubble” bursts.

Grantham said the prices of stocks, bonds, real estate, fine art, and other investments surged to unsustainable highs during the COVID-19 pandemic.

Market experts Stephanie Pomboy and Larry McDonald echoed Grantham’s view – but with a less bearish prediction. While the pair expect stocks to crash as much as 30%, McDonald said the plunge could happen over the next two months as higher interest rates choke demand.

Our leaders were able to artificially prop up the system for a number of years, but now they have lost control.

A great financial earthquake has begun, and things are going to get really bad during the years that are in front of us.

But many people out there truly believed that the party would last forever, and so now they are in a position to get very badly burned as the system melts down all around them.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of the latest updates.

I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.

I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Article cross-posted from The Economic Collapse Blog.

The post How Would You Fix This Colossal Multi-Trillion Dollar Mess? appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Where You Don’t Want to Be When Things Finally Start Hitting the Fan

Reprinted from NOQ report.

Note from Cogny Mann:

This article came across my feed recently. I do post stuff from others often on this site. And this seems to be a consideration on everyone's mind lately: what happens when the whole bottom drops out.

The post Where You Don’t Want to Be When Things Finally Start Hitting the Fan appeared first on NOQ Report - Conservative Christian News, Opinions, and Quotes.

Take a look. Give it some thought.

But at the end of the day, you need to give this type of thing a healthy balance with where you know you stand with Jesus.

Jesus said, "I will never leave you or forsake you." And that is important to remember in times when we are afraid. Remember that our greatest goal is not to be safe, but to be HOLY and to be honoring to our Lord Jesus Christ.

For a different thought about all of this, you might want to check out this article I wrote some time ago, entitled, "If we should have to die for our faith."

Read that first. And then, on to the article, keeping the balance.

FROM THE ARTICLE:

Once things start getting really crazy in this country, where you live could make all the difference.  As global events have accelerated in recent months, a number of people have been seeking my advice about relocation.

Ultimately, there is no solution that is 100 percent perfect for everybody.  But there are some general principles that I do believe apply broadly, and I will share some of those principles with you in this article.

First of all, when things finally start hitting the fan you don’t want to be some place that has a high population density.

In particular, you will want to avoid the big cities, and last year we definitely witnessed a mass “exodus” from the largest cities in the country

Last year the counties that are home to LA, Chicago and New York City suffered the largest exodus of people in the country – while tens of thousands flocked to Arizona, Texas and Florida.

Crime has become a major problem in urban areas from coast to coast, and the level of violence in this nation just continues to rise.

In fact, the mass shooting that just happened in Louisville was already the 146th that we have seen so far this year

Kentucky is the latest state in America to be shaken by gun violence, as the mass shooting inside a Louisville bank marked the 146th in 2023.

The US reached the grim milestone on Monday of more Mass Shootings than days on Monday, which has already surpassed previous years – following the fatal shooting that left five dead, including the gunman, and eight injured at the Old National Bank.

And theft is completely and utterly out of control in many of our inner cities.  It is costing retailers billions upon billions of dollars, and that is one of the biggest reasons why Walmart just decided to shut down four “underperforming” stores in Chicago…

Walmart announced Tuesday it will abruptly close four underperforming Chicago stores, citing millions in annual losses.

The company said its eight Chicago stores collectively have not been profitable since the first opened 17 years ago. This has amounted to a loss of “tens of millions of dollars a year,” according to a press release, losses that have nearly doubled over the last five years.

According to a statement that was put out by Walmart, the losses that those stores have been experiencing have “nearly doubled in just the last five years”

“The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago — these stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years,” Walmart said in a statement.

NOTE FROM COGNY:

The problem wasn’t that the stores weren’t popular. The problem was they were constantly being looted and robbed.

FROM THE ARTICLE:

 

In San Francisco, Whole Foods is closing their “flagship store” just a year after it opened

The Whole Foods Market location in downtown San Francisco is set to close at the end of business Monday, just a year or so after opening in March of 2022, KRON4 has confirmed. Employees at the store will be transferred to other locations nearby.

“To ensure the safety of our Team Members, we have made the difficult decision to close the Trinity store for the time being,” said a Whole Foods Market spokesperson. “All team members will be transferred to one of our nearby locations.”

San Francisco is an ideal location for a Whole Foods store, but “deteriorating street conditions” have forced company officials to make this move…

“Deteriorating street conditions” involving drug use and crime forced the store to close, according to one City Hall official quoted in the report.

The news didn’t shock some journalists and Bay Area residents, who blamed city and state leadership for the city’s growing problems with crime and homelessness.

Sadly, the entire state is rapidly falling to pieces, and that has resulted in California losing approximately half a million people over the past few years…

California’s population fell by 500,000 people between April 2020 and July 2022, Fox News previously reported.

“Sure San Francisco continues to decline rapidly, with Whole Foods closing just a year after opening due to rampant crime & drug dealing after SF lost ~8% of its population from 2020-2022, but hey, at least Gavin Newsom is lecturing Ron DeSantis on how to be a successful governor,” he tweeted sarcastically.

Of course most of my readers are not located in core urban areas.

But those that are living in the suburbs are not safe either.

When economic conditions get bad enough, many of the criminals in the big cities will be coming out to the suburbs to look for easy prey.

With that in mind, I am encouraging people to consider moving away from large metropolitan areas entirely.

If you are considering such a move, I would also avoid anywhere that is experiencing persistent drought.  That would include much of the Interior West, although some areas have been blessed with quite a bit of precipitation lately.

FROM COGNY MANN:

The author makes some good points about places to avoid:

  • places set up for natural disasters: the New Madrid Fault line, the west coast (California)
  • stay away from military bases – especially the ones with nukes (which sounds prudent)
  • avoid the southeast coast (which is prone to tsunamis)

But that does leave you wondering where you are safe.

Which gets back to my point. 

Ultimately, you have to find your safety in your purpose – your eternal purpose, and resting in the idea that if you’re walking with Jesus, you’re immortal until your work is done. Your ultimate goal cannot be to be “safe,” because no one goes out alive in the end.

Article cross-posted from The Economic Collapse Blog.

The post Where You Don’t Want to Be When Things Finally Start Hitting the Fan appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

 

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Bragg Drops Case Against Jordan, Allowing House GOP to Depose Ex-Manhattan Prosecutor

Reprinted from NOQ report.

Manhattan District Attorney Alvin Bragg has dropped his effort to quash a congressional subpoena to a former prosecutor who worked in his office, a congressional aide told The Epoch Times in a statement on Friday.

“This evening, the Manhattan District Attorney’s Office withdrew its appeal in Bragg v. Jordan. Mr. Pomerantz’s deposition will go forward on May 12, and we look forward to his appearance,” Russel Dye, spokesperson for Rep. Jim Jordan (R-Ohio), chair of the House Judiciary Committee, wrote to The Epoch Times in a statement.

“Bragg caved. Jim Jordan won,” the House Judiciary Committee wrote in a statement on Twitter Friday.

The development wrapped up a legal clash between Bragg and House Judiciary Republicans, whereby Bragg had attempted to stop the lawmakers from requesting testimony from Mark Pomerantz, a former prosecutor who investigated former President Donald Trump’s finances. Pomerantz left Bragg’s office in February 2022 in protest of Bragg’s initial unwillingness to bring an indictment against Trump.

A grand jury, encouraged by Bragg, brought an indictment against Trump in late March, prompting Jordan to initiate a probe into what he calls a “politically motivated” prosecution against a former president. Jordan subpoenaed Pomerantz to seek his testimony as a part of that probe. In response, Bragg sued the House Judiciary Committee and Pomerantz to prevent Pomerantz from testifying.

That lawsuit led to a hearing on Wednesday in the Southern District Court of New York, and a subsequent decision by District Judge Mary Kay Vyskocil, a Trump appointee, ordered that the congressional panel has the authority to become involved in the investigation of Trump and declined Bragg’s request for a court injunction on the congressional subpoena.

Bragg wrote in a court filing that he intended to appeal the lower court’s decision to the 2nd Circuit Court of Appeals on April 19. On the same day, the court issued a temporary administrative hold on the return date of the House Judiciary Committee’s congressional subpoena of Pomerantz. This administrative hold did not reflect the court’s opinion on the merit of Bragg’s case, the court indicated in an April 19 filing, but serves as a short pause as the court considers whether to extend the freeze on the subpoena as Bragg appeals the case.

A three-judge panel was originally scheduled to decide early next week on this matter.

Bragg on Friday dropped the appeal, wrapping up the legal contention between him and the House lawmakers.

“Our successful stay of this subpoena blocked the immediate deposition and afforded us the time necessary to coordinate with the House Judiciary Committee on an agreement that protects the District Attorney’s privileges and interests. We are pleased with this resolution, which ensures any questioning of our former employee will take place in the presence of our General Counsel on a reasonable, agreed upon timeframe. We are gratified that the Second Circuit’s ruling provided us with the opportunity to successfully revolve this dispute,” Bragg’s office wrote in a statement on Friday on Twitter.

Judge’s Comments

During the district court hearing on Wednesday, the court affirmed the congressional lawmakers’ position that requesting Pomerantz’s testimony serves a valid legislative interest and that Pomerantz, due to his own conduct, is not protected by confidentiality privileges.

In her order, Vyskocil agreed with the congressional lawmakers’ reasoning that testimony by Pomerantz can help inform current and pending legislation. This includes a bill that, if enacted into law, would bar the use of federal funds to investigate a sitting or former president (the Accountability for Lawless Violence In our Neighborhoods, or ALVIN, Act) and another that would allow Congress to remove an action or prosecution against a former president (H.R. 2553).

“It is not the role of the federal judiciary to dictate what legislation Congress may consider or how it should conduct its deliberations in that connection,” the judge wrote, adding that the U.S. Constitution protects lawmakers from litigation when their actions serve a valid legislative interest.

She rejected Bragg’s attempt to use a Supreme Court decision (Trump v. Mazars) to justify his case. In that decision, the highest court ruled in Trump’s favor and stated that the congressional committees couldn’t subpoena Trump’s financial statements because doing so would violate the separation of power between the executive and legislative branches.

During the Wednesday hearing, Bragg’s attorneys said that the reasoning in Trump v. Mazars applies to this case, and that the committee’s subpoena is an unconstitutional intrusion of the legislative branch into a state executive branch prosecution. Vyskocil disagreed.

“The congressional subpoena in Mazars was directed at materials pertaining to the sitting President of the United States,” Vyskocil wrote in her ruling, noting that Trump clearly represented the executive branch then.

“In contrast, here, the subpoena was issued to a private citizen who is no longer employed by any state government and who has written a book and spoken extensively about the subject matter of the congressional inquiry,” she wrote. “The Court is not persuaded that Mazars applies to this case.”

In her ruling, Vyskocil also rejected Bragg’s reasoning that Pomerantz enjoys confidentiality privileges and thus must not be compelled to reveal information about his former employment at the Manhattan DA’s office. Vyskocil noted that because she cannot predict what Congress would ask and what Pomerantz would say, it is not logical to say that such hypothetical statements would violate privilege.

“Bragg’s throw-everything-at-the-wall approach to privilege is unpersuasive,” Vyskocil wrote. “This Court will not quash a subpoena based solely on Bragg’s seemingly endless string of ‘what ifs.’”

Pomerantz, in an April 17 court filing, wrote that he would be put in an “impossible position” if he were to testify in Congress because he could face criminal prosecution if he testifies—violating confidentiality laws—or if he refuses to testify—committing contempt of Congress.

The judge dismissed this concern.

“[T]he Court notes that Pomerantz is in this situation because he decided to inject himself into the public debate by authoring a book that he has described as ‘appropriate and in the public interest,’” Vyskocil wrote in her Wednesday order.

“[Bragg] cannot seriously claim that any information already published in Pomerantz’s book and discussed on prime-time television in front of millions of people is protected from disclosure as attorney work product (or otherwise).”

Article cross-posted from our premium news partners at The Epoch Times.

The post Bragg Drops Case Against Jordan, Allowing House GOP to Depose Ex-Manhattan Prosecutor appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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5 Economic Disasters We Were Warned About in Advance That Are Happening Right Now

Reprinted from NOQ report.

Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term problems are becoming short-term problems, and the economic outlook for the remainder of 2023 is extremely bleak.  But none of the economic hardships that we are experiencing at this moment should shock any of us.

The truth is that we were warned about all of these things well ahead of time.  Many independent voices have been warning us that there would be severe consequences for the exceedingly foolish economic decisions that our leaders were making, and now those severe consequences are starting to play out right in front of our eyes.  The following are 5 economic disasters we were warned about in advance that are happening right now…

#1 We were warned that a great commercial real estate crisis would be coming, and now it is here.  In fact, we just witnessed another massive default

With recent stress in the regional banking sector, sentiment in US commercial real estate (CRE) – and especially the office sector – has turned negative as investors prepare for potential spillover effects (with JPMMorgan Stanley, and Goldman Sachs all joining the gloom parade), especially as high-profile defaults continue to make headlines as borrowers face higher debt service costs and refinancing becomes much harder ahead of a $400 billion CRE debt maturities this year alone.

The latest headline fueling concerns about a potential CRE crisis involves a fund belonging to CRE giant Brookfield defaulting on a $161.4 million mortgage for twelve office buildings in Washington, DC.

According to Bloomberg, the loan was transferred to a special servicer working with “the borrower to execute a pre-negotiation agreement and to determine the path forward.”

#2 We were warned that there would be widespread layoffs as economic conditions in the United States deteriorated.  Sadly, that is now happening all around us.  For example, on Monday accounting firm Ernst & Young announced that they will be laying off thousands of highly paid workers

Ernst & Young said Monday that it would eliminate roughly 3,000 jobs from its US workforce as it pivots to address shifts in demand and “overcapacity” in sections of its business.

The cuts represent less than 5% of the US firm’s total workforce. EY described the workforce reduction as “part of the ongoing management of our business” and said it didn’t stem from the firm’s recent failure to implement a global breakup.

#3 We were warned that the largest corporate debt bubble in the history of the world would eventually burst, and now corporations are beginning to default on their debts at a rate that should deeply alarm all of us

More companies around the world defaulted on their debts in the first three months of this year than in any quarter since late 2020, when businesses were still hamstrung by restrictions to stop the spread of Covid.

In a report Tuesday, credit rating agency Moody’s said 33 of the corporations it rates defaulted on their debts in the first quarter, the highest level since the last quarter of 2020 when 47 companies defaulted. Almost half, or 15 companies, defaulted last month — the highest monthly count since December 2020.

Defaulting firms included Silicon Valley Bank, which collapsed in March, its holding company SVB Financial Group and Signature Bank.

#4 We were warned that we would witness a dramatic surge in bankruptcies in 2023, and that is precisely what is happening

Bankruptcy filings across the United States rose for the third straight month in March in all major industries. A total of 42,368 new bankruptcies were filed last month, according to data from Epiq Bankruptcy, a provider of U.S. bankruptcy court data, technology, and services.

This is 17 percent up from the 36,068 filings in March 2022 and is the highest number of monthly bankruptcy filings since April 2021.

Data from S&P Global Market Intelligence showed 71 corporate bankruptcy petitions in March, a jump from 58 in the previous month. This is the highest monthly total since July 2020 and the fourth straight month of increases.

#5 We were warned that the rest of the world would eventually start rejecting the U.S. dollar, and now “de-dollarization” is happening at a “stunning” pace…

The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen.

The greenback’s share in global reserves slid last year at 10 times the average speed of the past two decades as a number of countries looked for alternatives after Russia’s invasion of Ukraine triggered sanctions, Jen and his Eurizon SLJ Capital Ltd. colleague Joana Freire wrote in a note. Adjusting for exchange rate movements, the dollar has lost about 11% of its market share since 2016 and double that amount since 2008, they said.

“The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions,” Jen and Freire wrote. “Exceptional actions taken by the US and its allies against Russia have startled large reserve-holding countries,” most of which are emerging economies from the so-called Global South, they said.

Unfortunately, we are still only in the very early stages of this economic meltdown.

The general population is starting to understand that things have gone horribly wrong, and a CNBC survey that was just released discovered that Americans “have never been more negative about the economy” than they are at this moment…

Amid persistent inflation, higher interest rates and recession worries, Americans have never been more negative about the economy, according to the latest CNBC All-America Economic Survey.

A record 69% of the public holds negative views about the economy both now and in the future, the highest percentage in the survey’s 17-year history.

Even during the darkest days of 2008 and 2009 Americans were more optimistic about the future of the economy than they are right now.

Just think about that. We are in really deep trouble.

Of course this new economic crisis will take some time to fully play out. But it has officially arrived.

The months ahead are going to be filled with economic pain, and that is going to cause a tremendous amount of turmoil throughout our entire society.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

Article cross-posted from The Economic Collapse Blog.

The post 5 Economic Disasters We Were Warned About in Advance That Are Happening Right Now appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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If People Are This Eager to Riot and Loot Now, What Will America Look Like Once Economic Conditions Get Extremely Bad?

Reprinted from NOQ report.

This isn’t what a civilized society is supposed to look like.  We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going nuts all over the country.  But this is what our nation has become.

Our major cities have become cesspools of lawlessness where violence can literally erupt at any moment.  But if Americans are this eager to riot and loot now, what is going to happen once we are in the midst of a severe economic recession?  Needless to say, harsh economic times are certainly not going to improve the mood in this country.

It appears that Monday night is Kansas City’s turn to experience civil unrest.  According to Time Magazine, protests “have erupted” even before the sun has gone down…

Protests have erupted in Kansas City, Mo., after a Black teenager was shot in the head and arm by a white homeowner late last week after accidentally ringing the wrong doorbell.

Ralph Yarl, 16, has been hospitalized with life-threatening injuries. He was shot after he went to collect his two younger brothers on Thursday after 10 p.m., according to police. Police said Yarl mistook the address 115th Terrace for 115th Street, where he was shot.

Any time a young person dies a tragic death like this, we should all mourn. Unfortunately, for a lot of people any sort of an incident like this is used as an excuse to riot, loot and burn things down.

And sometimes the criminals don’t need any sort of an excuse at all.  Less than 24 hours ago, hundreds of looters completely gutted a gas station in Compton

Sheriff’s deputies in Compton are returning to their patrol duties Monday following a chaotic weekend that involved a series of street takeovers and a mob of looters that left a trail of destruction at local stores.

Video captured a wild scene at an Arco gas station near Alondra Boulevard and Central Avenue early Sunday morning where a large group was caught on video bum-rushing an Arco gas station and stealing thousands of dollars’ worth of merchandise, all while the clerk on duty hid inside.

The video shows one man breaking the glass door while dozens of looters crowd behind him. Moments later, the group was seen grabbing everything from drinks, snacks, alcohol and even condoms.

Go back and read that first sentence again.

The mainstream media is actually admitting that criminals are taking over entire streets in Los Angeles right now.

And the police are admitting that they couldn’t do anything about the looting because they were so greatly outnumbered.

Watching hundreds of young men work together to loot a gas station should send a chill down all of our spines.

In this case, there was absolutely no political motivation for the attack.  These young men just saw an opportunity to steal, and they gleefully took advantage of it

The day before that, there was a massive riot in downtown Chicago that made headlines all over the nation, and a “huge brawl” erupted at a Chicago White Sox game

A huge brawl broke out at Saturday’s Chicago White Sox game for over two minutes with several spectators involved.

Fists were flying all over the place before a woman was dragged from behind over a row of seats on the first-base side.

One lone security guard attempted to make peace, while another pair of women were throwing haymakers at one another.

If we are seeing this much chaos while economic conditions are still at least somewhat relatively stable, what will things be like once millions of Americans become truly desperate?

Earlier today, I was quite alarmed to read former Home Depot CEO Bob Nardelli’s assessment of the economy…

Former Home Depot CEO Bob Nardelli issued a grim warning over the U.S.’s “very complex” economy, cautioning consumers that middle market companies are under “tremendous pressure.”

“I think we’re going to see a lot of bankruptcies. Like Bed, Bath and Beyond. We got Walmart not only laying people off, but closing stores. We got Accenture laying people off. We got Amazon closing distribution centers. So I think there’s a tremendous-mixed message,” Nardelli said during an appearance on “Cavuto: Coast to Coast.”

The former CEO continued, saying that the “complexity” of the U.S. economy is “different than anything I have seen in my 52 years.”

Sadly, he is quite right.

So many companies are going to go out of business in the months ahead.

In fact, we just learned that David’s Bridal has just filed for bankruptcy

David’s Bridal filed for bankruptcy protection days after the company announced it would lay off more than 9,200 employees across the nation.

The wedding retailer said in a press release Monday that its stores would remain open and fulfill orders without delay as the company looks to sell all or some of its assets. Its online platforms will also remain available to help with customers’ wedding planning needs.

As economic conditions deteriorate, Americans are going to increasingly turn to debt as a short-term solution, and this will particularly be true for financially-distressed young people that don’t have a lot of resources…

Many young adults overwhelmed by financial stress cope by ignoring the problem.

Some tune out bank and credit-card balances, lose track of their spending and rack up debt. Average credit-card debt rose 29% to $5,800 in March from a year earlier for millennials and increased 40% to $2,800 for Gen Z, Credit Karma said. Younger people were also more likely to have paid late fees or taken advances from their credit cards, a survey from NerdWallet found.

Unfortunately, U.S. banks are starting to get really tight with their money, and so that means that credit lines will be reduced and fewer credit cards will be issued.

A lot of people will soon find that they are maxed out and are unable to get more credit.

And all of this comes at a time when the U.S. money supply is steadily shrinking

The U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show.

In February, the M2 money supply – a benchmark for how much cash, bills, bank deposits, coins, and money market funds are circulating throughout the national economy – tumbled 2.24 percent from the same time a year ago, down from negative 1.7 percent in January. This represented the third straight month of a contracting money supply.

There is so much economic pain on the horizon.

And the American people are certainly not mentally or emotionally equipped to deal with hard times.

So we better hope that our leaders can find a way to artificially prop up the economy, because if they are unable to do so there will be much more rioting, looting and chaos ahead.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

Article cross-posted from The Economic Collapse Blog.

The post If People Are This Eager to Riot and Loot Now, What Will America Look Like Once Economic Conditions Get Extremely Bad? appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Gates-Backed Company Coating “Organic” Fruits and Vegetables With Dangerous Chemicals

Reprinted from NOQ report.

Guest post by Krysten from Krysten’s Kitchen.

You can’t even trust buying organic produce anymore, thanks to The Bill & Melinda Gates Foundation, Katy Perry and Oprah. There’s a new label on your produce, and it’s anything but ap”peel”ing. Apeel is a “plant-based protection that helps the produce you love stay fresh for longer”… or, in other words, a chemical coating put on your produce which you can’t wash off so it doesn’t brown or decompose in a normal amount of time.

Exactly how old is that avocado?

Unfortunately, if you think by choosing organic you’re good to go… think again. On their website they state, “We have formulations that are OMRI Listed® for the growers and distributors of USDA Certified Organic produce.”

They say that it helps reduce plastic, which might be true, but what exactly is this coating made of? They state on their FAQs that there is only one ingredient, but then go on to say that it’s only composed of food-grade (multiple) ingredients made from “plant materials”.

 

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A post shared by Krysten || Organic Paleo Mommy (@krystenskitchen)

Apeel brags about its purified mono- and diglycerides, food ingredients that are found in a variety of foods. According to Dr. Josh Axe, mono- and diglycerides are “the go-to replacement for deadly trans fats and a food industry staple that helps keep oil and fat from separating. (Vani) Hari (The Food Babe) explains that this additive is a byproduct of oil processing, including partially hydrogenated canola and soybean oils. This additive is a byproduct of oil processing which contains artificial trans fat – a danger food ingredient known to cause coronary heart disease and linked to 50,000 fatal heart attacks a year.”

(Side note: The FDA finally determined that trans fats are no longer generally recognized as safe for food use in 2016 and yet mono- and diglycerides are the “the go-to replacement.” But they change the label from trans fats to mono- and diglycerides and then the FDA changes their tune. Interesting or predictable?)

If you’re thinking that you’ll just wash it off, well, I hate to break it you, but you can’t. In their FAQs they essentially say that you can try but won’t succeed. “You could likely remove some of Apeel with water and scrubbing, but it’s unlikely that you’d be able to remove all of it without damaging the fruit or vegetable. Apeel forms a barrier of edible material on the skin or peel, and it wouldn’t maintain the fruit’s natural freshness if it was easily removed.”

Lovely.

When asked if Apeel is a chemical, Jenny Du, the co-founder states, “Well, everything is in fact a chemical”… way to skirt the question there, Jenny! She goes on to say, “We’re all part of ‘star-stuff’… which are elements that surround us to form chemicals…” blah blah blah skirt skirt skirt.

But also, speaking of chemicals, if this mono- and diglycerides are plant derived, I’d like to know what plant they’re derived from AND what that plant was treated with. What chemicals, pesticides and more were used on that plant? They wont tell us because, remember, Jenny Du says that, “everything is a chemical.” (I wish you could see how many times I’ve rolled my eyes already while writing and researching this!)

Watch Jenny’s video below and more importantly check the comments section.

 

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A post shared by Apeel (@apeel_sciences)

“It’s safe,” says the United States Food and Drug Administration (FDA), the World Health Organization (WHO) and Health Canada… so safe that it’s in products designed for even infants and the elderly, the world’s most sensitive people.

“Specifically, mono- and diglycerides can be found in products such as Similac Pro- Advance® Infant Formula and Ensure® Enlive® Advanced Therapeutic Nutrition.” Both contain corn oil, canola oil, sugar, corn syrup and nothing that I’d ever touch or deem healthy and safe for anyone of any age, especially the oldest and the youngest people in the world.

You may be seeing the Apeel sticker or label on your produce, but there are also other brands using this coating on their produce. Thankfully (PHEW!) some brands are bragging about it because it helps the produce last longer and they’re saving tons of plastic. I’d rather have the plastic than the crappy coating on my cucumbers, apples and lemons, thank you.

Exactly how old is that apple in your fridge? You’ll never know. As time goes on, produce loses nutritional value, but you won’t be able to tell how fresh it is because of the Apeel coating being used. This is misleading, dishonest and doing you a (nutritional) disservice.

Your avocado might look like it was picked yesterday from a nearby farm, but it could be 31 days old. Check out this photo below and see what an normal, real, not-messed-with-by-Apeel avocado would look like after 31 days and then look at what the “tainted” (treated with Apeel) avocado looks like.

Apeel

It looks good right? Yes! But it’s modified! Produce loses 30% (conservatively) of it’s nutrients just 3 days after being harvested due to light, oxygen and heat.

You will find Apeel products in places like Costco, Trader Joe’s, Gelson’s, Ralphs, Sprouts, Vons, Walmart, Whole Foods, Kroger, Harps Foods, Wakefern brand stores including Price Right, Fairway Market, Target, Bristol Farms and more. Some of the produce companies using Apeel are Topline, Index Fresh, Calve, Del Monte, West Park, Horton Fruit Co, Del Ray Avocado, Natures Pride and more.

In our home, we are very intentional about the foods that we eat and use from foods to products. We avoid seed oils, artificial food coloring, high fructose corn syrup, fast food, refined sugars, bleached flours, fragrances, cheap made-in-China toys, AirPods, plastics, flame retardants, PFAs and the list go on and on and on… which will now include Apeel, aka, mono- and diglycerides.

Once again, The Bill & Melinda Gates Foundation, the same people who are buying up all the farmland in the country and trying to sell you on the idea of lab-grown meats saying, “I do think all rich countries should move to 100% synthetic beef,” are behind this and that means it’s a no from me, dawg.

The post Gates-Backed Company Coating “Organic” Fruits and Vegetables With Dangerous Chemicals appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Why Gold Is Such an Effective Weapon Against the Government’s Monetary Schemes

Reprinted from NOQ report.

Editor’s Note: This article by Joshua Glawson from FEE, cross-posted with permission, was NOT written as a a “promoted post.” We are labeling it as such simply because we benefit when people take advantage of the advice Glawson offers by rolling over their retirement accounts into a self-direct IRA backed by physical precious metals through our partners at Genesis. Here’s Glawson’s article…

Governments recklessly erode citizens’ wealth, but there are ways to avoid being a victim of this scheme.

Because gold is honest money it is disliked by dishonest men.” – Ron Paul

Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence. Gold investing has long been viewed as a hedge against inflation and a store of value against currencies. Throughout history, as coins and currency became debased, those who had more precious metals on-hand had many more options for purchasing what was needed and investing.

Investing in a gold currency, as economist F.A. Hayek suggested, also acts as competition to paper currency and any attempted coercive monopoly of currencies. When currencies are strictly controlled, the power of government is buttressed. Hayek specified, “[Monopoly of currency] has of course become a chief instrument for prevailing governmental policies and profoundly assisted the general growth of governmental power.”

According to Investopedia, currency debasement is intentionally lowering the currency’s value through various monetary and fiscal methods. In the past, debasement was associated with substituting precious metals with base metals such as using less gold or silver in the coins and replacing it with copper or nickel, while keeping the face value the same. Today, debasement primarily occurs by printing more money in the form of fiat currency, a process known as monetary inflation.

The reason governments typically initiate currency debasement is to extend government spending and purchasing power. Still, it comes at the expense of citizens who are eventually stuck with less wealth, higher costs, and lowered purchasing power. Currency debasement, as well as monetary inflation in general, tends toward price inflation. Simply put, currency debasement in the form of monetary inflation is legalized counterfeit.

Since the US began removing itself from the gold standard in 1933—and eventually removing that gold backing altogether in 1971—the value of the dollar has fallen significantly when compared to an ounce of gold. As of 2023, the value of US currency is being challenged as the dollar is slowly debased. The purchasing power of a dollar in 1913 would be worth around $30.22; a dollar in 1933 would be worth around $23; a dollar in 1970 would be worth $7.71; and, a dollar in 2003 would be worth $1.63.

Gold is a commodity valued and traded internationally. Gold is valued for many reasons including its aesthetic appreciation, limited supply, durability, imperishability, popularity, and industrial uses. Due to these reasons and more, gold has maintained its overall value throughout the millennia. When one country’s currency begins to slip or falter, gold is likely the best-shared commodity to transfer wealth between currencies of other countries while maintaining a greater appeal for investment. Especially so when some countries’ currencies are not accepted everywhere due to political conflict or discrepancies.

By measuring the rate of inflation, InflationTool demonstrates that from 1971 to 2023, the average inflation rate for the US dollar has been 3.93%, while the cumulative inflation rate has been a whopping 641.44%. In layperson’s terms, this means $100 in 1971 is now equivalent to$741.44, which represents a significant decrease in purchasing power.

As George Mason University professor of economics Lawrence White, states, “The inflation rate was only 0.1 percent over Britain’s 93 years on the classical gold standard. It was only 0.01 percent in the United States between gold resumption in 1879 and 1913.” Yet, because of failures of monetary policies by the Federal Reserve, and fiscal policies by Congress, the inflation rate today is much higher pushing above 6 percent with an average inflation rate from 1960 to 2023 averaging close to 5 percent.

Some economists, especially those with socialist and centralized planning tendencies, will suggest that gold prices are volatile. Their statements misrepresent gold as though the ‘volatility’ means gold is not as price sustainable as the dollar. Contrary to their sentiments, the price of gold is only considered volatile when compared to a currency such as the US dollar in relatively short terms. When gold is looked at through a lens of global values throughout the course of history, beyond a single currency, we see that it has maintained significant value, and when currencies fail it is gold that has helped people regain wealth. Comparing the global value of gold to the dollar, we see that the value of gold has remained intact overall.

In the US, gold in 1913 was $20.67; in 1933, it was around $32.32; in 1970, it was $38.90; in 2003 it was $417.25; and today, it is around $1800. According to Statista, from 1971 to 2022, gold had a return of 7.78 percent per year in USD terms.

Although the US government has continued to artificially fix, change, and influence the price of gold, the value of gold has remained superior to the dollar overall. This further indicates that gold is still a good hedge against inflation. Gold has outpaced inflation in the US in the long term, indicating that gold is not as volatile as the dollar in the long term.

The fiat dollar of the US is what allows politicians, in conjunction with the Treasury and Federal Reserve, to arbitrarily print more dollars in order to fund nearly-endless wars, inflated welfare programs, and to deliver uncapped foreign aid. More printing of dollars tends to decrease the value of the other dollars in circulation, and this can lead to price inflation. Fiat simultaneously acts as a form of indirect slavery and secondhand theft once those dollars are spent, the same way counterfeiting does. If the dollar does not return to a gold standard to create a natural market-agreed value of the dollar with a more restricted supply, the dollar will likely continue to weaken as the incentives for these government programs and handouts are greater than the immediately perceived costs.

Even if the dollar does not return to a gold standard, having a significantly increasing number of people investing heavily in gold as opposed to treasury bonds, money market accounts, CDs, stocks, and the like, creates shifts in the incentives encouraging and pressuring other people to join in on the more sound investment of gold. The market sees the long-term stability and gains of those that do invest in gold, and people naturally tend to want to have the best return on investment. Gold is not a cure-all for inflation and deflation, rather it is a more stable long-term option than fiat.

Investing in gold and currencies that hold their value creates a challenge for the government’s monopoly over currency and its exploitation of that monopoly. Or, as Hayek said, “Just as the absence of competition has prevented the monopolist supplier of money from being subject to a salutary discipline, the power over money has also relieved governments of the necessity to keep their expenditure within their revenue.”

This article by Joshua Glawson was cross-posted with permission from FEE. You can roll over your retirement accounts into a self-direct IRA backed by physical precious metals through our partners at Genesis.

The post Why Gold Is Such an Effective Weapon Against the Government’s Monetary Schemes appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Confused About mRNA “Vaccines” in Meat? That’s Exactly How They Want It

Reprinted from NOQ report.

Rumors have been circulating about mRNA vaccines in livestock.  Fact-checkers have been scoffing, but what’s really going on?  Could we be eating animals that have been treated with mRNA?  How do we know what’s in the meat at our grocery store?

PORK: Yes, it’s probably been treated with mRNA.

Unfortunately, if you’ve been eating pork from the grocery stores, even organic pork, it’s probably been treated with mRNA because pork producers have been using mRNA products since 2018.  Merck’s SEQUIVITY platform is used with different sequences of various porcine diseases, including swine flu, to get immune responses in pigs.

Interestingly enough, sow mortality rates have increased slightly, from 11.1% in 2017 to 12.6% in 2021.  However, raising animals in large quantities is very complex; increased mortality could be linked to countless factors, and many producers admit they don’t have enough qualified employees to pay optimal attention to animals.   The only certainty here is, new pharmaceutical products have not been a magic bullet for the pork industry’s problems.

I guess we, as a society, don’t have enough money for more agricultural and veterinary workers so that hog farmers can optimally monitor the pigs that will become our food.  And yet, it’s still full steam ahead with ever-more-complicated bioengineering solutions.  A few months ago, GenVax Technologies, a startup that wants to bring self-amplifying mRNA (saRNA) technologies to animal health, received $6.5 million to begin producing vaccines 100% specific to African Swine Fever variants that may be circulating in pork herds.  There always seems to be enough money for mRNA.

Sound familiar?

If this sounds similar to a product widely used on humans the past few years, that’s because it is.  As in human mRNA treatments, Merck claims that the RNA can’t replicate itself and only lasts a short time in the animals’ bodies.  They also say that animals do not shed any RNA particles.  Given the wide range of findings in humans after mRNA treatments, however, I think the public has reason to be skeptical.

Now, my first thought when I heard about this was disbelief.  Ed Dowd’s Cause Unknown gives very detailed evidence of increasing death rates from the past two years; I couldn’t imagine anyone responsible for livestock trying out a product with so much potential to negatively affect profit margins.

But most people dying from “unknown causes” have not been dropping dead immediately after receiving medical treatments.  Many deaths occur weeks or months later.  Age dates for pig slaughter vary somewhat, depending on what the pigs are wanted for, but typically range between 4 and 10 months.  Pigs’ natural lifespans, however, are between ten and fifteen years, which means that the pigs used for meat are butchered early in their lives.  Who knows what we’d see if the pigs reached even 50% of their natural life span?

BEEF: It’s not treated with mRNA. YET.

Regarding beef, the National Cattlemen’s Beef Association has pooh-poohed online talk about the potential for mRNA vaccines being used in beef.  They released a statement on April 5, saying, “There are no current mRNA vaccines licensed for use in beef cattle in the United States.  Cattle farmers and ranchers do vaccinate cattle to treat and prevent many diseases, but presently none of these vaccines include mRNA technology.”

Okay, but that’s as of April 2023.  As Dr. Robert Malone noted recently,  there are no transparency laws surrounding animal trials, which means facts and figures are hard to come by.  But we do know that German giants Bayer and BioNTech have been working together to develop mRNA vaccines for veterinary use since 2016.

What about chicken?

We know that there is international interest in using an mRNA template to develop a universal flu vaccine for humans, swine, and chickens

We know that there is an RNA vaccine licensed for conditional use in chickens to prevent bird flu.

Confusing, right?

With so much money being pumped into mRNA-related research, are we really supposed to think it’s just not going to go anywhere?  The biotech companies readily admit that they want to use mRNA technology to treat various zoonotic diseases and many people are not happy about it; why wouldn’t we all be complaining just because there’s not much licensed at the moment?

The industry does not want clarity.

When Holly Jones introduced Missouri House Bill 1169  there was industry pushback.  HB 1169 is a tiny little bill; all it does is mandate reporting on whether or not food products have been treated with gene therapy products.  Nothing is banned.  The bill simply empowers consumers to make the best choices for themselves and their families.

Free markets can’t function when people can’t make informed choices.  The past three years have made many people deeply distrustful of the expert class; they don’t want their food being tampered with.  They feel strongly enough about avoiding mRNA-treated meat to be willing to look around and shop carefully.  HB 1169 would give these people the knowledge to make informed decisions, and that’s exactly what the pharmaceutical giants and industry lobbyists don’t want.

Industry lobbyists want things to be vague.  They want the general public confused and willing to do whatever “the experts” tell them.

During the testimony hearing for HB 1169, industry representatives vehemently opposed the bill.  They did not treat any of the public’s concerns as legitimate but insisted that any regulation on biotechnology would make Missouri less competitive for industry.  They focused completely on how bad it would look if Missourians seemed skeptical about biotechnology, and how it would negatively impact business in their state.

This should really tell us everything we need to know about the push to get mRNA into our food.  It’s all about money for favored industries.  They don’t want independent producers providing high-quality food for their communities; they want everyone to be part of the same giant system.  This isn’t about health, it isn’t about the environment, it’s about generating new sources of revenue for biotechnology companies.

And they don’t want separate labels because, if something goes wrong and people do start getting sick, or the animals get sick, precise labeling would make it easy to pinpoint the problem.

This is yet another reason why you need to secure your food supply now.

We talk a lot about the importance of securing food supplies on this site, both to avoid novelty products like insects, and also for peace of mind.  This most recent revelation about pork products already being treated with mRNA and refusal by industry representatives to address anything other than how HB 1169 will affect the business community should serve as yet another wake up call.  We cannot assume anything we buy at the store has not been treated with novel pharmaceutical products.

I know some people will disagree about calling mRNA vaccines “novel products.”

“We’ve been researching mRNA for decades!”  I’ll hear.  We have not been ingesting these products for decades; we’ve been ingesting them for about five years, without our knowledge, and no one has been monitoring results.  This is not enough for me to be confident in their safety, and I don’t think it should be enough for anyone else, either.

I haven’t bought meat from the grocery store in a long time, mostly because I produce a lot myself.  Of course, meat production is not practical for everyone, but if it is an option for you, you need to think about it.

And if not, ask yourself, are there farms in your area committed to raising clean meat?  There might be. These types of places often have some kind of subscription service and are worth checking out.  Even if there is nothing very close, there are some places that ship.  Or it might be worth a road trip to get a year’s worth of meat.  If you don’t already have good meat sources, now is the best time to start looking for them.

If you live in Missouri, I hope you can raise public awareness about this bill.  For those of us that do not, we need to take responsibility for our food choices and start looking for meat sources outside the normal system.

What are your thoughts?

Would it bother you to know that the meat you’re eating has been treated with mRNA technology? If given a clear choice, would you purchase meat with or without these vaccines? What do you think about the cloak of secrecy over the introduction of this into our food supply? How can you avoid mRNA-infused meat? If you can’t raise your own and the labels at the store are not clear, where could you acquire it?

Let’s discuss it in the comments section.

About Marie Hawthorne

A lover of novels and cultivator of superb apple pie recipes, Marie spends her free time writing about the world around her. Article cross-posted from The Organic Prepper.

The post Confused About mRNA “Vaccines” in Meat? That’s Exactly How They Want It appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Washington Legislature Passes Bill Allowing Young Children to Have Genital Mutilation Surgery Without Parental Consent

Reprinted from NOQ report.

In a sane world, shelters that house children would only keep children away from parents if they were being abused. But this is no longer a sane world, especially in Democrat hellholes like Washington state. There, the legislature just passed a bill that would force shelters to hide runaway children from parents who don’t want them to “transition.”

In other words, any parent who doesn’t want their child to engage in genital mutilation is treated the same as those committing actual child abuse. And any child that wants to mutilate their bodies simply need to run away and the state will aid and abet them in their permanent decision.

According to Rebel News journalist Katie Daviscourt:

Washington state passes Senate Bill 5599, gender affirming care for minors. This bill grants minors the right to transition genders, stripping parents of their ability to consent. It will now be a crime if a parent doesn’t allow their 6-year-old to change genders.

IT GETS WORSE: If a child seeking a gender transition runs away from home—and the state knows their whereabouts—the state is not legally bound to disclose to the parents where their child is. The state know owns your kids.

The Post Millennial covered the story when it initially passed the Senate last month:

Democrats in the Washington state Senate passed a bill Wednesday night that critics say encourages minors to run away from home to receive “gender-affirming” care and “maternity services” without parental consent and at taxpayer expense.

Senate Bill 5599, sponsored by far-left Democratic state senator Marko Liias would allow shelters or host homes to provide housing for runaway minors without being required to notify their parents if they have a “compelling reason” to keep the information a secret.

According to the legislation, a “compelling reason” means “the youth is in the host home or seeking placement in a host home to receive protected health care services.”

The bill does not require proof of abuse in the household nor even an allegation of abuse. As a result, merely seeking “protected health care services” is enough of a reason to keep the runaway’s location hidden from parents and clears the way for children between the ages of 13 and 18 to stay at these facilities without their parents’ knowledge for an indefinite time while seeking services related to gender dysphoria and gender transitioning.

Many parts of America are becoming havens for pure evil. This is the direction the radical left wants for the entire country. Democrats are making us worse than Sodom and Gomorrah.

The post Washington Legislature Passes Bill Allowing Young Children to Have Genital Mutilation Surgery Without Parental Consent appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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Central Bank’s Staff Expects a Recession This Year

Reprinted from NOQ report.

Economists at the Federal Reserve (the United States central bank) said they expect a “mild” recession later this year, an escalation from their previous assessment. The staff expects the economy to dip into recession following the “banking crisis” that is likely not over yet.

“Given their assessment of the potential economic effects of the recent banking-sector developments, the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years,” according to the publicly posted minutes from the meeting, which took place over March 21-22 right after the collapse of Silicon Valley Bank and Signature Bank.

We are the slaves and the central banks are running the show, Greg Mannarino says in a recently uploaded video:

The Federal Reserve is crushing the consumer and killing off the economy. The goal of the central banks is to stave any small businesses to transfer the wealth to the top, Mannarino said.

While several economists, including the International Monetary Fund, have said the United States and global economies face a higher risk of recession after the recent bank failures, the Biden administration has painted a rosier picture, with Treasury Secretary Janet Yellen saying she does not anticipate a “downturn” in the U.S. economy.

According to a report by ABC News, White House press secretary Karine Jean-Pierre argued that economic indicators say “we are not headed to a recession or pre-recession.”

“Recent economic indicators are not consistent with a recession or even a pre-recession. And you can just look at the data: Twelve-point-five million jobs have been created since he took office — twelve-point-five million jobs. We’ve gained all the jobs lost during the pandemic and created three million more jobs. And so, unemployment is a near 50-year low, and black unemployment is at a record low. Annual inflation has fallen over the last nine months,” she said.

Once the dollar is no longer the reserve currency and the economy completely collapses, we will see the digital slave system rollout, and it’s going to be far more oppressive than the slave system we are living under now.

This is deliberate, says Mannarino. They plan to starve us out, create more slaves, and prevent escape from their system.

Article cross-posted from SHTF Plan.

The post Central Bank’s Staff Expects a Recession This Year appeared first on NOQ Report – Conservative Christian News, Opinions, and Quotes.

NOTE: The opinions expressed in the NOQ REPORT are not necessarily those of "Cogny Mann." But it is certain that we share a lot of overlap in our philosophies and worldviews.

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