Greg Hunter’s Weekly News Wrap-Up for June 17th, 2016
by Greg Hunter
There is no wonder why Democrats want to talk about gun control. The Islamic terror is increasing, and the Democrats provide lip service. Now, the Democrats want to disarm America in the face of rising violence from radical Islam. The Obama Administration would like you to believe that these terrorists are “self-radicalized.” In many cases, that is not the true story. There is a percentage of mosques in the U.S., according to the FBI, that teach and encourage violence and jihad. According to several different whistleblowers and reports, the Obama Administration has been shutting down investigations into radical Islam and, in some cases, scrubbing suspected terrorists from data bases. President Obama has repeatedly said that ISIS is on “defense,” but his own CIA director, John Brennan, said in Congress, this week, ISIS is “formidable and resilient.” Brennan warns that ISIS is not only training more fighters to attack America, but ISIS will likely get into the country posing as refugees from Syria.
The economy is so weak that, once again, the Federal Reserve cried wolf on raising interest rates and did not do it. Gregory Mannarino of TradersChoice.net told me, “The Fed cannot raise rates—ever. Next step is for the Fed to buy corporate bonds to suppress interest rates even more.” Some other signs the economy is in deep trouble come from Walmart, America’s largest retailer. They are laying off 1,500 people at 500 stores. Bank of America, the largest retail bank in the U.S., is laying off 8,000. If the economy was growing, would the biggest retailer and the biggest bank be laying off people by the thousands?