While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” the privately owned Federal Reserve System of (central) Banks begins purchasing mortgage-backed securities with an initial outlay of 10,200,000,000 “dollars.”
Postscript: Nine months later, the FRSBs had purchased 924,900,000,000 “dollars” worth of prime and subprime (junk) mortgages with newly issued Federal Reserve Notes (Bills of Credit). This was the largest fiat (Latin for “let it become”) money infusion by any central bank into any single market sector up until this time.
NOTE: This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.
[added 7/31/2021] Thanks to Freedom’s Phoenix for this entry.
Michele M. Leonhart, acting Drug Enforcement Administrator, announces that for the past two years, both she and her predecessor, have refused, and she will continue to refuse compliance with the order of Mary Ellen Bittner, a DEA Administrative Law Judge, who had concluded that the University of Massachusetts should be allowed to cultivate its own medical marijuana research. The only marijuana that is legally available for research must be obtained from the National Institute on Drug Abuse, which is of poor quality and is hardly ever on hand.
[added 7/31/2021] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Bernanke Gone Berserk! Bank Reserves Explode! – Jutia Group
www.marketoracle.co.uk/Article14343.html
DEA Rejects Judge’s Ruling, Quashes Medical Marijuana Research Project
www.newsli.com/2009/01/12/dea-rejects-judges-ruling-quashes-medical-marijuana-research-project/
Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html