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"Re: Kent Dunn Reveals Hidden Truths" - Anonymous Guest Post

Entry Submitted Anonymously at 12:00 AM EST on December 8, 2016 Gary Larrabee - Kent Dunn Reveals Hidden Truths to Expand our Minds I...

Thursday, December 1, 2016

"Early December" - Thurs. PM KTFA Thoughts, News w/ Backdoc

KTFA

BACKDOC
 » December 1st, 2016


IF YOU WANT TO KNOW WHY THE IMF MOVED UP THEIR MEETING WITH IRAQ, THIS MAY BE WHY! (see article below)

IF YOU THINK ITS ALL ABOUT IRAQ THINK AGAIN FAMILY!

WE ARE NOW GOING GLOBAL JUST LIKE OZ DID WHEN HE WENT TO SINGAPORE! MAS WILL BE THE SAVIOR OF THE COMING CRISIS, AND I ASSURE YOU IT WILL BE DIGITAL!

WHEN WILL THERE BE A PUBLIC EXCHANGE BEFORE MARCH 20TH? MMMMM COULD BE BUT WE HAVE NO WAY TO KNOW YET!

ALL WE KNOW IS THAT THE PROCESS TO GO INTERNATIONAL BEGINS IN EARLY DECEMBER, RIGHT? RIGHT!

SO HANG ON TO YOUR HATS SEATS AND TICKETS BECAUSE THE RIDE WILL BECOME BUMPPY ONCE THE PRESIDENT ELECT IS SWORN IN! DOC IMO

Thunderhawk
 » December 1st, 2016

Italian Referendum No-Vote Could Lead Entire EU Banking System to Collapse

Italian citizens will decide on a constitutional reform in a referendum that will take place on December 4. Financial expert Ernst Wolff fears that a "no-vote" would lead to serious troubles for Italian banks and the European financial system in general.

On the one hand, the expert argues that the victory of the "yes-votes" would mean the demolition of democracy as such because the government will be given many possibilities to adopt laws that are not accepted by the population.

The reform would lead to a "strengthening of the authoritarian state," Wolff said in an interview with Sputnik Germany. At the same time if Italians do not vote for the changes, it will bring the Italian and European banks great difficulties, Wolff argued.

"Italian banks will be in trouble. Although difficulties exist anyway. The problems of the Italian banks are actually unresolvable. They sit on rotten loans that officially amount to 360 to 400 billion euros. Unofficially, they reach 600 to 800 billion euros. These are huge problems and these problems are supposed to be solved via referendum," the expert said. "The very basic problem in Italy is the same basic problem that we have everywhere. The financial system

has actually been dead since 2008 and is artificially kept alive, but the measures to maintain this financial system are no longer effective," he added. According to the expert, The EU won't be able to leave the Italian banks in the lurch. Thus, it will have to invest a lot of money to keep the Italian financial system afloat. In this case, Germany, being the largest economy in the EU, will have to bear the main costs. "The Italian banks are very much networked with other banks, including French and German banks.

Especially in case of Germany we should not forget that the fourth or fifth largest German bank, the Hypovereinsbank, is a (…) subsidiary of Unicredit. This is the largest Italian bank. So if the Italian banking system goes down, this would create a domino effect which would also affect German banks and lead to the disintegration of the entire banking system within the EU and, thus to the disintegration of the American system and the global system," the expert concluded.

Italy is holding a referendum on Prime Minister Matteo Renzi's proposed constitutional reform on December 4, which is seen as possibly paving way to the nation to leave the EU. In response, the European Central Bank (ECB) is preparing to address the possible consequences with its monetary stimulus measures.

Italian PM Matteo Renzi who initiated the reform claimed that the reform would help to resolve bureaucracy problem and that Italy would become stronger and more stable if the citizens vote for the changes. The reform, in particular, is supposed to reduce the number of the parliament members and bring an end to the bicameral parliamentary system.

https://sputniknews.com/europe/201612011048064356-italian-referendum-banking-system/

BACKDOC
 » December 1st, 2016

AFTER SOME UGLY EVENTS TO COME I BELIEVE THE U.S. WILL BECOME A TAX HAVEN AND THAT IS FROM THE LIPS OF THE ROTHCHILDS THEMSELVES MONTHS AGO! DOC IMO

Thunderhawk » December 1st, 2016

Lower corporate rates can drive US economic growth, tax reform advocate says

Donald Trump's plan to slash corporate taxes will increase American competitiveness in the global economy, one tax reform advocate said.

Grover Norquist, president of Americans for Tax Reform, told CNBC's "Squawk Alley" on Thursday that the president-elect's tax reform plan will drive the U.S. economy to grow 4 percent.

Norquist's remarks echo those of Steven Mnuchin, Trump's pick for Treasury secretary, who told CNBC on Wednesday that tax reform will help drive U.S. economic growth. Mnuchin said a major goal for the incoming administration is to reduce the corporate tax rate to 15 percent, from 35 percent.

Norquist contended Thursday that the the combination of a lower corporate tax rate as well as full expensing for business investment will lift the economy.

"These are two powerful drivers of new investment, job creation and increasing productivity, which allows wages to rise," he said.

Norquist also called for tax reform that allows for repatriation of foreign earnings. He said that the only reason why there is $2 trillion "locked overseas [is] because of our stupid tax laws." As for how that repatriated cash is spent, Norquist said that the companies "can invest it best" and that buybacks aren't a bad idea.

"A buyback is investing in your own company. That's certainly an awfully good sign if companies are saying 'I think the economy is so good I want more of my stock,'" he said.

http://www.cnbc.com/2016/12/01/lower-corporate-rates-can-drive-us-economic-growth-tax-reform-advocate-says.html

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