April 22, 2024 - The Truth Central - Dr. Jerome Corsi
30:35
Jamie Dimon's Warning to the #FederalReserve; #Ukraine Gets Big Bucks as Johnson Caves
Two of America's (and the world's) largest banking conglomerates have recently seen $38,400,000,000 in deposits leave their institutions. Will there be more to come? If so, what happens? JP Morgan Chase CEO Jamie Dimon is warning the #Federal Reserve US #banks will likely endure another crisis if Fed Chief Jerome Powell decides to raise interest rates. In recent speeches, Powell indicated his focus is to work rates in conjunction with creating a goal of 2% inflation. Also, over the weekend, the House decided to pass a huge spending package which not only does not properly address border concerns and sends aid to #Israel, but sends a ton of cash over to #Ukraine, prompting Democrats to wave Ukraine flags on the House floor and celebrate a political victory, Speaker Mike Johnson's caving-in and a huge loss to taxpayers.Dr. Jerome Corsi breaks down all of this and more on The Truth CentralGet Dr. Corsi's new book, The Assassination of President John F. Kennedy: The Final Analysis: Forensic Analysis of the JFK Autopsy X-Rays Proves Two Headshots from the Right Front and One from the Rear, here: https://www.amazon.com/Assassination-President-John-Kennedy-Headshots/dp/B0CXLN1PX1/ref=sr_1_1?crid=20W8UDU55IGJJ&dib=eyJ2IjoiMSJ9.ymVX8y9V--_ztRoswluApKEN-WlqxoqrowcQP34CE3HdXRudvQJnTLmYKMMfv0gMYwaTTk_Ne3ssid8YroEAFg.e8i1TLonh9QRzDTIJSmDqJHrmMTVKBhCL7iTARroSzQ&dib_tag=se&keywords=jerome+r.+corsi+%2B+jfk&qid=1710126183&sprefix=%2Caps%2C275&sr=8-1Join Dr. Jerome Corsi on Substack: https://jeromecorsiphd.substack.com/Visit The Truth Central website: https://www.thetruthcentral.comGet your FREE copy of Dr. Corsi's new book with Swiss America CEO Dean Heskin, How the Coming Global Crash Will Create a Historic Gold Rush by calling: 800-519-6268Follow Dr. Jerome Corsi on X: @corsijerome1Our link to where to get the Marco Polo 650-Page Book on the Hunter Biden laptop & Biden family crimes free online:https://www.thetruthcentral.com/marco-polo-publishes-650-page-book-on-hunter-biden-laptop-biden-family-crimes-available-free-online/If you like what we are doing, please support our Sponsors:MyVitalC https://www.thetruthcentral.com/myvitalc-ess60-in-organic-olive-oil/Swiss America: https://www.swissamerica.com/offer/CorsiRMP.phpBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-truth-central-with-dr-jerome-corsi--5810661/support.
You can reach me on X at CorsiJerome1, and Substack, it's at JeromeCorsiPhD.Substack.com.
I want to cover quite a few stories today, but first, on my book, The assassination of John F. Kennedy, the final analysis.
I've received today from Archbishop Vigano in Rome a preface to the book, and I'm very, very pleased with this preface.
It could not be better in terms of his endorsement of the book and the strength of his endorsement of the book.
It's overwhelming, actually, how good it is.
He essentially is saying that the deep church and the deep state, we're proving the assassination of John Kennedy, and it reflects both the deep state and the deep church.
We're going to publish a new edition of the book.
We're going to add this new preface from Archbishop Bigelow.
It adds a whole other dimension to the book, and I think it's going to be outstanding in terms of its impact.
So I can't quite wait to get this going, but it's been a thrill to get this wonderful endorsement today.
He is saying that the book... I'll just try to pull up here for a second and give you one or two of the highlights of what he's saying in this, but it's quite good.
I can't tell you how much I appreciate it.
He's saying essentially that...
The work by Dr. Bantik and Dr. Corsi touches on specialized topics of great interest, not only to historians, represents very credible evidence that Kennedy was killed on the orders of the CIA, and leads us to ask a fundamental question.
Why did the Secret Service assassinate President Kennedy?
History will be able to answer this question when new documents will be declassified.
It will be possible to reconstruct the troubled and complex events of those years.
Nevertheless, I believe that each of us, observing the sequence of events from above, so to speak, is able to understand how correct is the intuition of the authors who rightly identify in the murder of JFK the subversive action of a coup d'etat At the hands of deviant components of the state apparatus.
We would say that it was in those years that the deep state began to operate with greater incisiveness, which today shows itself in all its evidence, but which even then acted for the pursuit of purposes in contrast with the true interests of the nation and against the good of the American people.
It's a very, very powerful preface.
And it goes four pages, and we will be putting it into print very, very quickly.
And I want to thank Archbishop Pagano for doing this.
It deeply touched me today to see his recognition of the work we've done.
All right, now I want to cover a couple of stories to start out with.
This one caught my attention very quickly today.
There's $38 billion in deposit flight It's Wells Fargo and Citicorp, Citigroup.
In one year, JP Morgan Chase CEO issues warnings to the Federal Reserve.
We've seen Jamie Dimon issue a number of these warnings and he's doing it again today.
So quarterly earnings shows that Citicorp's deposits dropped $23.3 billion in the span of 12 months and deposits of Wells Fargo dropped $15 billion.
JP Morgan says deposits tumbled 7% in its consumer and community banking division.
And what JP Morgan Chief Financial Officer Jeremy Barnum said, America's biggest bank expects deposit balance to remain flat as consumers look for more yield on their cash.
Quote, we expect deposit balances to be sort of modestly down So that's a bit of a headwind at the margin in a world where we've got something like 900 billion of deposits paying effectively zero relatively small changes in the product level reprice can change the run rate by a lot.
Okay.
So if you, if us banks witness another crisis which could occur easily, if interest rates are increased by the federal reserve to contain inflation, that's continuing.
You're going to find that we will have a massive bank crisis developing.
And I think it's inevitable that it will develop.
So, you see what J.P.
Morgan, what Jamie Dimond is saying, his latest annual shareholder letter, he's head of J.P.
Morgan Chase.
We first purchased First Republic in May.
2023 following the failure of two other good regional banks, Silicon Valley Bank and Signature Bank, we thought that the current banking crisis was over.
Of these three banks were offside that only these three banks were offsides and having the toxic combination of extreme interest rate exposure, large unrealized losses in the held to maturity portfolio, And highly concentrated deposits.
Most of the other regional banks did not have these problems.
However, we stipulated that the crisis was provided, was over, provided that interest rates didn't go up dramatically.
So the crisis is only over if interest rates don't go up dramatically.
If long end rates go up over 6%, and this increase is accompanied by a recession, there would be plenty of stress, not just in the banking system, but with leveraged companies and others.
So, remember, he's saying a simple 2% increase in rates essentially reduced the value of most financial assets by 20% and certain real estate assets, specifically office real estate assets, may be worth even less.
due to the effects of recession and higher vacancies.
Remember that credit spreads tend to widen, sometimes dramatically, in a recession. This is not
good signs. I mean, these are all recognitions that the banking system is very fragile at the
moment and could easily topple into a recession or into a crisis should a recession occur
combined with high interest rates.
And I've been predicting this now for years that we're going into another period of stagflation.
We're going to have inflation because all the money the government is printing.
And we're also going to have stagnation because the economy in this inflationary environment is stagnating.
Gasoline is now over $3 a gallon across the country.
And this is going to put economic stress on people across the board.
I'm encouraging everybody to get a copy of this free book.
And Chris, please post it.
Let everybody see this free book.
I'm going to read the 800 number.
Free book with Swiss America is how the coming global crash will create an historic gold rush.
And it's happening.
So the number for this book is call 1-800-519-6268.
1-800-519-6268 and get a copy of how the coming global crash will create an historic gold rush.
Gold today is at $2,346 an ounce.
6268 and get a copy of how the coming global crash will create an historic gold rush. Gold today
is at $2,346 an ounce. So it's well above the $2,300 level, headed rapidly to $2,400.
And I'm encouraging people to call Swiss America to get in on this now,
because it's, I think, only going to continue.
I think we're going to see massive worldwide downturns.
Europe, I think, is already in recession, largely.
There's a lot of offers on Swiss America, The Walking Liberty.
Half Dollar is on the sponsors bar at the top.
If you click sponsors, you can see that offer.
And we also have articles on the homepage.
You can see how to invest in gold, which is a another Swiss America publication.
And I think it would be very interesting to see the secret war on cash and how to invest in gold.
There's a video on our website.
Chris will show it to you.
And I think you get.
Dean Heskin, CEO of Swiss America, and Chris Engel Estos, they are doing a primer, you know, basic introductory text on how to invest in gold on the secret war on cash.
And so that video I think is an excellent video.
Please take a look at it.
Okay, now I want to cover some more stories today, because there's quite a bit of news going on.
I was concerned on the story in Reuters' reporting today, that Israel and the Iran conflict is continuing.
Israel, of course, struck the nuclear facilities of Iran, and Iran is now saying if Israel continues that, then Iran will strike Israel's nuclear facilities.
Well, this is just the first step towards both countries deciding to launch nuclear weapons at each other.
It's escalating.
We don't see a reduction in tension, we see an escalation in tension.
And the problem with one retaliation leads and invites to another retaliation.
So, Israel attacks certain operatives in the Iranian embassy in Damascus, in Syria, and so in retaliation last week we had both a What Iran did over the last couple of weeks is they had a missile and drone attack on Israel.
Israel then did an airstrike on Iran, hitting its nuclear facilities.
Now Iran is saying it's going to up the ante.
And Iran's not promising to retaliate, but they are saying they're going to a new nuclear posture.
And a country that is likely to have nuclear weapons, that's not good news.
Okay, so I'm very much watching that situation.
I think we have an expanding... We are clearly in World War III.
And what I want to explain about World War III is its political warfare.
It's a... I'm going to pull the book... Chris, put the book up from the Neo-Marxism, Cultural Maoism, and Anarchy that I wrote.
Which is an analysis of how we got to this woke nonsense through the evolution of Marxism and the combination of Marxism with modernity, that there's only subjective reality, we're not faced with objective reality, there aren't objective truths, there are simply subjective truths.
Well, the point of all of this is that the This whole current phase of what we're going through is a very carefully constructed, over hundreds of years, satanic ideology.
They're saying there's too many people on Earth, we have to depopulate, we're faced with a crisis and that we are seriously depleting the resources of Earth.
It's nonsense.
It aims us to say that human beings are the problem.
And we have a national security memorandum written by Henry Kissinger that makes in fact in states without doubt the depopulation is the global depopulation is the official policy of the United States government.
We're not on the side of God.
We're on the side of harvesting souls, killing people, having more abortions, anything to get rid of life.
We should be cherishing life.
Only God can give life.
We don't have the right to take it away.
And this wanton abandonment of life is a psychology which can only destroy.
And what I'm saying in this entire book is that this woke ideology is only capable of destroying, causes confusion, causes gender uncertainty, causes race tensions to rise.
I mean, it's obvious that this is a negative ideology and it's one that's extremely dangerous.
Okay, so we're headed down that path.
We've got the Middle East war expanding, we've got the Ukraine war expanding.
Now let's cover the Ukraine war expansion.
A couple stories on Zero Hedge today I want to cover because they're, I think, quite important.
There's one about Ukraine.
We passed now this new bill giving new billions of dollars to Ukraine.
So the Ukrainian flags were flying in the chamber of the United States House of Representatives as they voted to give more money to Ukraine, and they were shouting out, Ukraine, Ukraine, while happily worrying to secure Ukraine's borders, not ours.
On exit were some of the displays of this.
The Democrats were celebrating Mike Johnson's total capitulation.
To the spending bill, more billions going to Zelensky in Ukraine, which large amounts of it are going to get stolen.
Of course, Zelensky says, I'm grateful to the House of Representatives, both parties, and personally Speaker Mike Johnson for the decision that keeps history on the right track.
This vital aid passed today by the House will keep the war from expanding, save thousands of lives, and keep both our nations stronger.
I can't imagine the intense insanity that funding more money for a war is going to keep the peace.
This is not what Ronald Reagan meant by peace through strength.
That was designed to avoid war.
It called the, you know, the weapons that were used by the sheriffs in the Old West, the peacemakers.
Okay, and the point is that We're just funding money into Ukraine while the CIA director Burns is warning Zelensky to stop stealing so much money.
So Seymour Hersh, who's a good investigative reporter, rather famous for various of his reports going back to the My Lai tragedy, which launched his career reporting on that during the Vietnam War.
He's writing this.
The issue of corruption was directly raised with Zelensky in a meeting last January in Kiev with CIA Director William Burns.
His message to the Ukrainian president, I was told by an intelligence official with direct knowledge of the meeting, was out of a 1950s mob meeting.
The senior generals and government officials in Kiev were angry at what they saw as Zelensky's greed.
So, Burns told the Ukrainian president that because, quote, he was taking a larger share of the skim money than was going to the generals.
So, Zelensky is enriching himself, which is not unexpected in Ukraine.
Burns also pointed out to Zelensky that with a list of 35 generals and senior officials whose corruption was known to the CIA, Zelensky is giving a lot of this money away.
Zelensky responded to the American pressure days later by publicly dismissing 10 of the most ostentatious officials on the list and doing little else.
The 10 he got rid of were brazenly bragging about the money they had driving around Kiev in their new Mercedes.
So, Zelensky's half-hearted response to the White House lack of concern was seen, the intelligence official added, as another sign of lack of leadership that's leading to a total breakdown of trust between the White House and some elements of the intelligence community.
Well, again, you know, this whole money, money, money, money, money doesn't solve the problem.
The fact is, I think that Russia in the spring will launch a major offensive against Kiev to secure their position in Donetsk and Donbass in the eastern part of the country.
And you're not going to dislodge Russia short of a nuclear war.
NATO's not capable of it.
NATO has been not re-militarizing, although NATO's talking about going on a war footing.
It's just, the world is, Spiraling quickly to disaster.
There's another story I also caught my attention about that the Americans are struggling most in the cities controlled by these radical Democrats.
So the Census Bureau is highlighting the 15 largest U.S.
metropolitan areas where residents face the most financial difficulties, almost all of which are under Democratic leadership.
It's no surprise because of issues of elevated inflation, high taxes, soaring violent crime, homelessness, and a migrant crisis are spiraling out of control across many cities.
So, 70 respondents between March 5th and April 1st in major cities were asked about the difficulty paying for usual household expenses, food scarcity, and the inability to pay energy bills.
So the survey's findings are stark.
Riverside, California, Houston, Texas, Chicago, Illinois are the top three metro areas with the hardest financial difficulties.
All these cities are under democratic control with the exception of Dallas, number four on the list, and Miami, number six on the list of about 20 cities that are facing financial difficulty where the citizens can barely survive economically.
So Philadelphia City has been run by Democrats for ages.
People there are using drugs that are turning them into zombies.
This is what's coming to your city if you keep voting for Democrats.
And Philadelphia, I've been in Philadelphia recently.
I was appalled at how bad it is.
The city is deteriorating rapidly.
The roads are terrible.
There's homelessness.
There's people, vagrants in the streets.
It's dangerous, and I would not recommend people go to Philadelphia right now.
Of course, it's the same in New York.
It's going to be the same across the country.
These Democratic-run hellholes are not able to be habitable.
That's the problem.
Okay, so we're seeing across the world that this economic crisis is accelerating.
So the commercial real estate foreclosures are now soaring to record levels, not seen in a decade.
Again, the cracks in the real estate market are occurring because the downtown buildings are increasingly vacant.
They're now 30, 40% vacant in some cities.
And so when you start tracking the rise in commercial real estate building foreclosures,
you're seeing that there were over 100 cases, which in November, 2023,
which is approaching some of the all-time highs, certainly all-time highs in a trend line
that goes back decades.
Now, regional banks provide the bulk of the financing for commercial office space.
And so, as commercial office space goes into deterioration, these regional banks are going to be in difficulty to take the foreclosures.
People have already started walking away from commercial real estate buildings in cities like San Francisco, just handing the keys back to the bank.
But somebody has to take the loss, because the Commercial real estate is usually financed by paying through the term of the loan, the interest only, and paying off the principal on the loan when the next loan is granted under the assumption that the building has increased in value.
The building decreases in value, you do not have enough capital there to pay off necessarily the previous principal on the original loan.
And somebody has to take that loss.
Usually the person who owns the building will take the loss, but if they foreclose altogether, the bank has to take the loss.
That's what causes an accelerating crisis.
Okay, so we're also thought, there's also one interesting conversation that I picked up here from Tucker Carlson, that congressmen are afraid of these intelligence agencies.
So, it was between Joe Rogan and Tucker Carlson, they sat down for a wide-ranging three-hour-plus discussion last week, and they were touching on spirituality, religion, etc., but by discussing a recently leaked government project called Project Aqua, which involves advanced aerospace Uh, vehicles and their interaction with humans leading to medical injuries, even deaths.
Here's what we know.
So there's a quote from that discussion.
Here's what we know is that us servicemen have died as a result of contact with, or being in the proximity of these vehicles.
We know that because there are a lot of, uh, suits working their way through the VA system.
Conversation turned to the nature of UFOs, suggesting they could be more than just physical or technological phenomenon, tied to spiritual or supernatural origins.
Supernatural origins for UFOs, it's pretty clear to me that they're spiritual entities, whatever that means, are spiritual, and it's up to, say, supernaturals, much above the natural and above the observable.
This is a very interesting conversation.
As to why this is being discussed now.
So, on questioning assumptions, I guess this is from Tucker Carlson, I began a process of, still ongoing, of reassessing a lot of things like, okay, well, what if that was not true?
What else is not true?
And what else that they told me was a conspiracy theory that might actually have basis in fact?
Okay, that's the whole point.
That my book on the Kennedy assassination is causing people to see.
When you see the forensic evidence, the evidence from the x-rays that Jack Kennedy was shot twice from the front, it's clear that we've been lied to.
Okay, now let's go back to 9-11.
Buildings that were not hit by the airplanes.
Why did they fall down?
You know, where were the weapons of mass destruction in Iraq?
They weren't there.
So, this spiritual discussion, let's continue some of the quotations from Joe Rogan and Tucker Carlson's discussion.
I began a process still ongoing of reassessing whether these things are, you know, true or that were said to be not true, conspiracy theories, etc.
In artificial intelligence, digital life is going to give birth to a new life form, and I think we're real close to that.
I think we're way closer to that than most people ever would want to admit.
It's very intoxicating and it's common that it's always existed throughout human history.
They're saying about this perennial power of corruption, which is the intoxication of leaders to start behaving like cult leaders and tyrants.
Okay, woke is clearly a cult, it's a mind virus, it's similar to all kinds of religions.
Somebody has to believe very specific things that you can't infer from the doctrine.
Okay, so what they're talking about here is really very interesting, because they're talking about some new government project, this Project Aqua, which has not yet been fully defined, but it has a combination with supernatural, with The whole idea of UFOs, artificial intelligence, is there another dimension above human intelligence that we're beginning to interact with?
These are very interesting questions.
It's interesting questions that they come up now, which is beginning to look like end times.
And I think the discussion merits close study, and what is the role of intelligence agents in all this?
In other words, we're living in a constructed reality, a reality that the intelligence agencies construct for us to live in, a Jim Carrey Truman Show.
We think it's real.
We think, okay, Lee Harvey Oswald killed Jack Kennedy, so we can put that away.
It was not the CIA.
And then we realized that Kennedy, we've been lied to because Kennedy was hit twice in the front.
And the government knew it at the time and the government altered the evidence and lied.
And it's for 60 years, more than 60 years, continue this lie and will not today cover the book I've just written with Dr. Mantic, which shows that it is a lie.
Because the mainstream media doesn't want to cover that they've been lying to you for 60 years.
That's not going to be a good story for the mainstream media to cover.
Okay, so we're kind of in this contradiction where the reality that we're facing is now we're being asked, is this an artificial reality?
Is it interaction with a spiritual reality?
What are UFOs?
And why are we questioning that now?
Because I think we're going through a fundamental reanalysis of what is reality.
We're beginning to realize that the government has been running a psychological operation on us, and in the tactics of psychological political warfare, what we have is really a counter-state.
This is what the Chinese would create, a counter-state, which is the bureaucracy in operation to destroy the government.
It's a counter-state.
Not just a deep state with its own initiatives, but it's actually acting to destroy the Constitution, to destroy our freedoms.
And the concern, this very unusual conversation with Tucker and with Joe Rogan comes around to that kiddie porn blackmail fear is what the main issue is.
So Carlson tells Rogan that congressmen were, quote, terrified that their intelligence agencies will frame them with, quote, kiddie porn.
If they oppose the obviously warrantless spying bill, the new extension of the FISA law.
Specifically, U.S.
lawmakers told them they were worried about being punished by the intel agencies if they oppose reauthorizing section 702 of the Foreign Intelligence Surveillance Act, which allows the NSA, the National Security Agency, which tapes every conversation, I think probably every keystroke in America, maybe the world, And they can go back and search it for you if they get authorization from a court.
And we saw that during the Russian collusion investigation, the authorizations given were not necessarily legitimately given.
So, quote, people don't say that because they're worried about being punished, the congressmen are worried about somebody putting kiddie porn on their computer.
Members of Congress are terrified on the intelligence agencies, and I'm not guessing at that.
They've told me that, this is Tucker Carlson, including people on the Intel Committee, including people on, you know, various of the agencies acting in this deep state or counter state.
Okay, we've covered a lot today, and I'm going to wrap it up.
In the end, God always wins.
God's going to win here, too.
And what we're facing here is a moment in history, which I think is end days.
We're going to get a judgment of God.
I encourage everybody to do is, in the spirit of 2 Chronicles 7-14, join me in repenting.
I ask God to forgive us for letting so many children be killed by abortionists, and the Democrats are going to run for president on a woman's right to choose, which means more abortion.
God will win here.
God did not create the human race to lose, to be defeated, to be corrupted permanently.
Our spiritual side will win.
And I'm just concerned the judgment of God will involve nuclear war.
And I see signs of it every day, more increasingly.
With God's help, we won't suffer that calamity.
Dr. Jerome Corsi, this is Monday, it's April 22nd, 2024.
