Is the FED Building a CBDC Already? Is it FedNow?

Paul Collier March 28, 2023

FED ROLLS OUT INFRASTRUCTURE FOR CBDC- The Federal Reserve announced plans to launch their FedNow program, which promises to allow banking to happen instantaneously. The infrastructure has been built over the past three years. It is ostensibly being created to combat the threat of CBDs being used by competing monetary systems (like China), but others believe it is the first step towards the creation of a U.S.-government-backed CBDC.

From MENAFN

The launch of the Federal Reserve’s instant digital payment system, FedNow, is setting the stage for a potential shift to Central Bank Digital Currencies (cbdcs ) in the United States.

While FedNow is not a digital currency , it provides the necessary infrastructure for a future transition. This raises concerns about the broader implications of such a shift and its potential impact on society, the economy, and individual privacy.

The Federal Reserve outlines the features the initial launch will include:

Core clearing and settlement capabilities to support a range of transaction types and use cases

Use of the widely accepted ISO® 20022 standard and other industry best practices to support interoperability

Features that will support flexible adoption, including support for the use of service providers and correspondents and an option to enroll as a “receive-only” participant

Value-added features including request-for-payment capability and tools to support participants in their handling of payment inquiries, reconcilements and certain exceptions

Features to enhance experience for financial institutions by broadcasting participant availability to support their transition to 24x7x365 operations, a user interface to support data needs and the ability to have access to balance information on weekends

Features to support payment integrity and data security and tools to help financial institutions combat fraud, such as a transaction value limit and reporting features

A liquidity-management tool that will allow participants and others to transfer funds to each other to support the liquidity needs of instant payments

Others believe the FedNow program is intended to combat the Fintech sector (cryptocurrency) that already offers instant payment transfers. From Bloomberg:

Our thesis: US banks should be able to stave off some threats from the booming fintech sector under a new Fed real-time payments system set to go live in July, but FedNow, which only handles transfers of up to $500,000, likely won’t have dramatic effects on fintech industry players’ revenue either. Though it will compete with an existing real-time bank network, FedNow does offer banks the potential to diminish fintechs’ allure.

We have little doubt this tool is intended to fend off Fintech competition, create the infrastructure that ultimately supports a CBDC in as non-intrusive a way as possible, and create dependence on a service that will lead otherwise resistant banks to comply or die.

Whites to Pay 0K in San Francisco to Make Blacks Millionaires

Whites to Pay $600K in San Francisco to Make Blacks Millionaires

Paul Collier March 21, 2023

INSANE SAN FRANCISCO COUNCIL MOVES FORWARD WITH UNCONSTITUTIONAL REPARATIONS PLAN – The San Francisco Board of Supervisors is going forward with their racist, unconstitutional plan of seeking to thug funds from one group of people based on race to give to another group of people based on race. Using the long-past “emergency” of slavery, the city that was never a part of a slavery system has decided to give blacks who are descended from slaves $5 million, exemption from taxation, and a $97,000 income for 250 years.

The plan seems so far fetched that even the race-grifting anti-American terrorist org called Black Lives Matter is not supporting it, accusing the supervisors of creating an unrealistic plan they know will never pass muster. In other words, they are accusing the mostly white board of virtue signaling.

Regardless, the actions should trigger criminal legal action against the board members, who are now in open defiance of the Rule of Law of our constitutional republic. One doubts very much that American DAs are present in the state of California.

The plan would mean that all households not exempt from taxation will be forced at gunpoint to pay $600,000 just to meet the initial $5 million dollar per slave descendent commitment.

One supervisor demonstrated the ruthlessness and illogic of the whole board when she commented after the vote, “Now the real work continues. As I’ve said before, we have to stay focused and stay together as a community because now it is 100 percent more prevalent that we cannot be separated or divided.” That supervisor is Shamann Walton, who made it clear that the “unity” is built around anti-whiteness and black supremacism, while also demonstrating themselves to be out of touch with simple logic. You cannot have unity when you burden one group of people in a way that destroys their ability to pursue their own prosperity and happiness just to give state favor to a special class of people, based mostly on race.

Logically, we would understand that the majority afflicted to give special privilege to the minority will not feel in unity with that group, but rather great enmity will build, between the afflicted and the pampered.

Biden Goons Double Down On Unlawful Conviction of January 6 Protestors

Paul Collier March 15, 2023

QANON SHAMEN REMAINS IN PRISON DESPITE VIDEO EXONERATING HIM – The Biden administration’s political activist lawfare assassins, also known as Federal Prosecutors, denied the plain evidence that exonerates wrongfully convicted American Jacob Chansley of leading an insurrection against the Federal government at the Federal capitol on January 6^th, 2021, the day that seditionists from both parties certified an unconstitutional mass mailer election.

They then made claims which were quickly refuted that what was not shown in the video was that Chansley had to be forcefully removed from the capitol. A video release showed Chansley in fact left peacefully, following the instructions of police peacefully, and even thanking them for their service.

In addition to that video, another video release shows Chansley reading tweets by President Donald Trump telling the protestors to go home, and encouraging the protestors to go home.

DNC henchman Chuck Schumer (D-NY) stood in the well of the Senate openly calling for a private news outlet to ban Tucker Carlson and prevent him from showing any more January 6 videos on their network, a move that was lauded and supported by DNC henchman Mitch McConnel (R-KY), revealing the true party, the DNC’s uniparty (with the RNC serving as controlled opposition to the pro-CCP, anti-American alliance), that is in charge of our republic, while itself hating everything America and Americans stand for.

Biden Admin Assaults Crypto Banks in Bid to Secure CBDC for Regime

Paul Collier March 15, 2023

BANK COLLAPSES ARE SYSTEMATIC ASSAULT ON NON-GOV DIGITAL CURRENCY – The bank collapses of Signature, Silicon Valley, and Silvergate (which started the collapses) appear to be a targeted effort by the rogue Biden administration to intimidate banks to not be crypto-friendly in a bid to lay the groundwork for a U.S. government digital currency that could be used to micromanage the lives of citizens.

Barney Frank who sites on the board of one of those banks, Signature Bank, said of the decision by the Feds to seize a bank that was not insolvent was an attempt to shut down non-gov-crypto-friendly banks and intimidate any banks that might want to step into the vacuum created by eliminating the three biggest banks that serve cryptocurrency customers.

Frank said, in part, “I think part of what happened was that regulators wanted to send a very strong anti-crypto message. We became the poster boy because there was no insolvency based on the fundamentals.”

Frank was responding to accusations the collapses were the fruit of a rollback of Dodd-Frank regulations under President Trump, an accusation he denies, and one that is found to be without merit as the regulations in question had nothing to do with why the banks were seized in the first place.

Germany’s Strict Anti-Gun Laws Couldn’t Save Victims of Jehova’s Witness Assault

Paul Collier March 15, 2023

GUNMAN KILLS 7 IN ASSAULT ON JEHOVAH’S WITNESS HALL – Six people, including one unborn child, were murdered Thursday, March 9. 2023 when a gunman opened fire on them in a planned assault. The gunman was able to overcome strict anti-gun laws and evade multiple warnings to authorities that he posed a threat to others. The man is identified only as Philipp F, who had been brought to the attention of authorities on multiple occasions, with no measures taken against him. The 35-year old man was found dead later, apparently of suicide.

An anonymous tipper asserted that “Philipp F supposedly harbors a particular anger towards religious followers, especially Jehovah’s Witnesses and his former employer.” Officers visited the man and inspected his weapons, which he had a license to possess. He was given a warning for not having a “projectile” in a safe space.

The assault undermines the credibility of gun control as a means to stop violent criminals and highlights the fecklessness of “authorities” in investigating real threats before they happen. The answer to this assault is to pass even more gun control regulations, making it harder for law-abiding citizens to defend themselves against criminals, knowing full well the state is not there to protect you, even if it wanted to be.

Trudeau Exposed as Relying on CCP Power to Rule Canada with an Iron Fist

Paul Collier March 15, 2023

CHINA EFFORTS TO SAVE TRUDEAU EXPOSED – A series of leaked intelligence reports is undermining the Canadian PM’s claims that there was no dirty money transferred from the CCP to Liberal Party candidates leading up to the last two major elections. Conservative leader Pierre Poilievre said “[The prime minister] is not interested in protecting the safety of the people serving this country. He’s interested in protecting the Liberal party of Canada,” in a tense verbal conflict during a House of Commons session.

The Prime Minister had been denying any claims of China election interference to stop the conservatives from regaining power. After the series of intelligence reports were leaked, now Trudeau is calling for an investigation while denying any interference affected the outcome of any election in Canada.

Trudeau denied any foreknowledge of alleged election interference with China, but the leaked reports reveal the seditionist PM was well aware of the “accusations” well before he lied to the Canadian people, claiming first there was no election interference and second that he had no information supporting the claim that there was. Global News reported on one leaked report, quoting from it in part: “A large clandestine transfer of funds earmarked for the federal election from the PRC Consulate in Toronto was transferred to an elected provincial government official via a staff member of a 2019 federal candidate.”

The motivation for the CCP’s support of Canada’s Liberal party should give Americans pause, as the Democratic Party of America is also aligned with the CCP’s hopes of perpetuating a global world order that continues to allow China to rape, pillage, and plunder the nation-states the politicians they’ve paid off allegedly represent. An Ottawa Citizen article by Terry Glavin sums up the motivating factor:

“Trudeau’s Liberals had come to power determined to re-align Canada’s economic and trade policy to emphasize a deep structural reliance on the Chinese economy, and with Michael Kovrig and Michael Spavor still in captivity in China, the Liberals’ campaign platform made only a single reference to the People’s Republic in a subordinate clause of a single sentence.”

On March 7, 2023, Trudeau claimed a special report exonerates China, while a former member of Canada’s intelligence community, Jessica Davis pulled a DNC-styled assault on the whistleblowers that rightly leaked the damning reports. She accused the leaks of being selective to undermine the Liberal Party and feigned outrage at the leaks, saying “I’m astonished by the leaks of CSIS material.”

Two-thirds of Canadians believe China interfered in the election, according to a recent poll.

Just a few days after denying the allegations, and resisting calls for investigation, now the seditionist PM is ready to create a fake investigation in an effort to outrun Canadians’ outrage. On Friday, March 10, 2023, he announced plans to launch an investigation, one that is sure to draw the same conclusions he has already expressed, that China may have tried to interfere with Canada’s elections, but the failed to do so.

Now, the Liberal Party sees no choice but to rattle sabers at China in an effort to deflect the criticism justly deserved of the party of sedition that chose the CCP over Canada.

Christian College Appeals to SCOTUS to Stop Men from Being Admitted to Women’s Dorms

Paul Collier March 14, 2023

CHRISTIAN COLLEGE TURNS TO SCOTUS TO PROTECT WOMEN FROM TRANS INVASION – The College of the Ozarks in Missouri is seeking relief from the immoral and anti-American dictates of the mass-mailer President, Joe Biden, who has ordered by edict alone the imposition of men now posing as women on women, as well as “cis-gendered men,” including in their bathrooms, dorms, and on their sports teams. They are appealing the unconstitutionally unfounded ruling of the leftist-infested 8^th circuit, who ruled that women apparently have no constitutional protections, nor do Christian schools have religious liberty protections from such unfounded violently anti-women rules.

China Double-Billed Fauci Millions for Work Done to Create Covid-19

Paul Collier March 14, 2023

CHINA GETS MILLIONS FROM U.S. TO CREATE A PANDEMIC – While American leaders are warning of China’s continued existential threat to American liberty, leftists continue to defend China, even calling the effort by anyone to ban their spy software, TikTok, an infringement on free speech (which they don’t actually believe in). They do so in the face of recent news that the Wuhan Lab in China, where Dr. Anthony “I am the science” Fauci sent millions of taxpayer dollars to pay for the development of a biological weapon of war, double-billed the government that unconstitutionally, and in violation of international war laws, sought to fund the villainous venture.

Despite China’s overt assault on the American republic, “American” investors continue to be willing to prop up the deadly enemy, with Morgan Stanley economists now openly encouraging investment in the police state nation, which uses the wealth gained from American investors and trade to prop up its efforts to undermine the American republic at home and abroad, with the sometimes tacit, sometimes overt approval of the Democratic Party and its high-placed members who make millions selling America to China (including Joe “the mass mailer President” Biden).

Harvard Students Melt Down After Thought Crime Expert Let Go

Paul Collier March 14, 2023

HARVARD PUBLICATION BEMOANS REMOVAL OF ANTI-AMERICAN MISINORMATIO AGENT FROM SCHOOL – The Harvard Crimson, run by anti-American students raised by Marxist teachers and professors to hate liberty and love central-controlled thought police, had a meltdown after the Harvard Kennedy School announced plans to end their relationship with “misinformation expert” Joan M. Donavan, who has made hundreds of thousands a year pushing anti-American agendas like pushing for thought police to protect Americans against bad thoughts and misinformation by censoring everyone, with the aid of central committees that would determine what thought is allowed and which thought is too dangerous.

The acolytes of the anti-American agit prop specialist believe dangerous thoughts are more dangerous than dangerous police states, preferring to have their ideas pre-digested for them and fed to them by the properly recognized “authorities,” all of which hold to the unfounded, unscientific, and illogical notion that only the social is real, and the individual is expendable if they don’t perfectly mirror the social that experts deem the orthodox version of the social.

Standford’s DEI Officer Incited Violence Against American Judge in Assault on Free Speech

Paul Collier March 14, 2023

DEI OFFICER AT STANFORD JOINS STUDENTS IN CHILLING FREE SPEECH OF JUDGE – Anti-American students at Stanford University yelled racial epithets and other derogatory comments at Fifth Circuit Judge Kyle Duncan for having American values and beliefs while on their anti-American, anti-human campus.

The violence, the intimidation against an American citizen because of his beliefs alone was incited and joined in by the DEI (diversity, equity, inclusion) officer, who made it clear that DEI Officers are de facto DNC police state party enforcers, collecting hundreds of thousands of dollars a year to enforce the DNC’s woketarian code on students.

After the Dean of Stanford’s Law School apologized, the Marxist-trained anti-American students demonstrated their lack of understanding of the first amendment, the right to free speech, by equating their violent intimidation of a speaker with “free speech,” to the cheer of the DEI officer, the Democrat Party’s de facto thought police enforcer, Tirien Steinbach, who never met an American she didn’t want to silence.