Pentagon Awards $1 Billion to Build Trump Border Wall

The Pentagon notified Congress in March it authorized the transfer of $1 billion to begin new border wall construction.

CNN obtained a Pentagon budget notification that was sent to Capitol Hill that showed up to $1 billion will go toward building 57 miles of border wall.

On Tuesday the Pentagon announced it awarded nearly $ billion in contracts to President Trump’s border wall.

The Hill reported:

Lt. Col. Jamie Davis, a spokesman for the Department of Defense, said in a statement to The Hill that the El Paso contract would help pay for “30-foot bollard fencing and a five-foot anti-climb plate” and that the Yuma contract would build “18-foot bollard fencing and a five-foot anti-climb plate.”

The Pentagon did not immediately respond to a request for comment from The Hill.

It had previously been reported that the Department of Defense intends to install 46 miles of additional barriers at El Paso and 11 miles of fencing at Yuma.

https://www.thegatewaypundit.com/2019/04/pentagon-awards-1-billion-to-build-trump-border-wall/

HOW YOU BECAME A SLAVE TO THE BANKERS!

In the good old days, after George Washington and the boys won the war to free us from the bank of England's predatory and impoverishing practices, they set up a "revolutionary" economic system. The government created and issued all the public currency, spending it into circulation to purchase what the government needed, then after the currency circulated through society to fuel commerce, was taxed back to the government to balance the books.

Simple!

http://www.whatreallyhappened.com/WRHARTICLES/slavetobanks.php#axzz5jP1dtZNf

The Fiction of Government Debt

Government debt is a fiction. The government ought to have sovereignty which includes the right to print a currency. Yet in America and in the modern world with the exception of Singapore the right to create money has been given to the bankers. We have had three Presidents who supported the right of the government to issue Treasury Notes instead of Federal Reserve Notes. Unfortunately for us, all three were killed by "lone assassins."

Let me begin by explaining what money is. Money is a commodity that measures the value of all other commodities and services. Prices are a ratio of money to all other goods for sale. If the ratio remains constant then there is no inflation. For example, if the money supply were one trillion dollars and production increased by 4%, then we could increase the money supply by 4% without fear of inflation.

So, you ask, how do banks and governments differ in how they create money? Imagine it is in the early 19th century and we are shipwrecked on an island far from the shipping lanes with no immediate chance of rescue. I would open a bank. I would find an artist to help me create one thousand one dollar bills. I would spend these "Island Treasury Notes" into circulation by paying anyone who did community work, such as, building a clinic or a school. I would have a popular government as I would dispense more social services than I took from the people in taxation.

Now imagine you are stranded on an island with a New York or London banker. He would set up a private bank and create money which he would loan to you. Notice he is not loaning you anyone's savings. He is functioning as a counterfeiter. He is using loan agreements to pass counterfeit money. And he is requiring you to pay interest on his forgeries. This form of banking is nothing more than a theft as it will eventually through monetary creation, interest payments, inflation and depression transfer all wealth from those who produce wealth to those who print the currency.

Suppose our banker runs low on paper to print money. He can create checking account money. You go in for a loan and he gives you a check book in which he gives you the right to write checks up to the amount of the loan. Notice again he is not loaning you someone else's deposit. He is creating money out of thin air and obligating you to work to repay him both the amount he counterfeited and the interest.

Now let us look at how the Treasury Department "borrows" money. Suppose the Secretary of the Treasury is short 100 billion dollars over the next three months. Under the Treasury Note System as advocated by martyrs Lincoln, McKinley and Kennedy, the central bank would be owned by the government. It would create 100 billion dollars in checking account money and cash. The Treasurer would then use this money to pay for government wages and programs. Remembering that prices are a ratio of the commodity called money to all goods and services for sale, we know that this 100 billion deficit will actually be good for the economy. Why? Because the money supply is currently 10 trillion dollars. And, if the economy grows 4% a year, we need to create 400 billion dollars a year and spend it into circulation. From the Keynesian economic perspective this spending money into circulation would protect us from a depression. And it would also prevent an inflation as the ratio of money in circulation to goods and services would be constant. Please note I am not endorsing Keynesianism. I am just saying there are economists who would agree that spending non-interest bearing money into circulation makes sense as it would reduce unemployment and not create inflation.

http://www.whatreallyhappened.com/WRHARTICLES/us_government_debt.html?q=us_government_debt.html

Austrian oil giant unveils massive oil drilling plans for NZ

Austrian oil giant OMV has unveiled one of the most ambitious oil and gas drilling

programmes proposed in New Zealand.

It plans possibly three exploration and seven follow-up appraisal wells off Otago's coast in the Great South Basin (GSB).

The 10 oil and gas prospects are within a 100km-150km arc, southeast of Dunedin.

OMV has applied to the Environmental Protection Authority (EPA) for a marine discharge consent to release contaminants to sea, the application being made public today.

OMV said in its application the GSB exploration and appraisal drilling programme

potentially included the drilling of a number of wells located within its permit PEP 50119.

"Depending on the outcomes of the exploration drilling, this could include up to three

exploration wells and up to seven appraisal wells,'' the company said.

However, the company went on to say "In the event that no indications of potentially

commercial hydrocarbons are detected in the exploration wells, no appraisal wells would be drilled.''

OMV will be looking for gas deposits and there is a likelihood of finding a small percentage of oil condensate; fine, light oil suitable for making aviation fuel.

Houston-based Anadarko came up empty-handed following one test hole off Oamaru's coast in 2014, which is north of the OMV prospects.

Given the size of the proposed OMV drilling programme, drilling could begin in 2019, and

depending on results, run through to the end of 2030.

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12220887