This week Donald Trump said, “If it was a choice between the right decision and a political decision… The Fed would choose the political decision.”
He then stated that the market “will remain at artificially high levels until January 1st”. This came not long after he slammed Fed chairwoman Janet Yellen in a CNBC interview when he told the interviewer that she should be “ashamed” of her “very political” and “false” market.
He then claimed that the reason interest rates wont be increased prior to the election is because Yellen and the Fed are trying to bolster Barack O’bomber’s legacy (or lack thereof).
AN ELECTION ANALYSIS CONDUCTED IN THE REUTERS/IPSOS STATES OF THE NATION PROJECT SHOWS THAT THE RACE HAS TIGHTENED CONSIDERABLY OVER THE PAST FEW WEEKS, WITH REPUBLICAN PRESIDENTIAL NOMINEE DONALD TRUMP PROJECTED TO WIN FLORIDA, AN ESSENTIAL BATTLEGROUND STATE, IF THE ELECTION WERE HELD TODAY.
The project, which is based on a weekly tracking poll of more than 15,000 Americans, shows that the 2016 presidential race could end in a photo finish on Nov. 8, with the major-party candidates running nearly even in the Electoral College, the body that ultimately selects the president.
Wow. This sure has been a rough week for Team Billary. After almost 40 years, Norma Rogers broke her silence and came forward to discuss the case involving the brutal rape of Juanita Broaddrick by none other than Bill Clinton during his 1978 gubernatorial campaign.
At the time, Rogers relationship to Juanita Broaddrick was as a nurse, back when Broaddrick was a nursing home administrator. I’m going to go out on a limb and conclude that Team Billary didn’t see this little snafu coming, otherwise the number of former Clinton associates now dead from mysterious accidents would most likely be 71 people, rather than 70 people.
In a fundamental sense the entirety of the five-year-long war over Syria, as well as the entire Arab Spring from Libya to Egypt to Iraq has been about control of hydrocarbon resources—oil and natural gas– and of potential hydrocarbon pipelines to the promising markets of the European Union. Dick Cheney’s 2001 War on Terror was primarily about providing the excuse for a direct US military takeover of the vast oil fields of Iraq and other key Middle East countries. Washington’s War on Syria has been less a war for control of oil. Rather, it’s about who controls whose natural gas flows via which pipelines through which borders to the vast EU gas market. At this point it looks more and more as if Russia’s geopolitical and geo-economic strategy is trumping (no Donald pun intended) Washington’s very troubled game in the region. Turkey is apparently deciding to become a key ally in this Russian energy trump.
Red Alert: The President of the Philippines has just signed his death warrant. His crime is that he is opposing the drug trafficking of the NWO in this country. Obama is the middle man in the protection of these criminal enterprises.
The President of the Philippines has executed 2,000 drug dealers and has put a dent in drug trafficking coming out of Asia. Obama was going to meet with him when the Philippine’s President called Obama profane names.
Even supposedly good debt on banks’ books may end up putrefying.
This week the world’s oldest surviving bank, Monte dei Paschi di Siena, tried to give itself a new lease of life by bringing in fresh blood at the top, following revelations that the Italian lender’s chief executive, Fabrizio Viola, and former chairman, Alessandro Profumo, are under investigation for alleged false accounting and market manipulation.
But the change of guard did nothing to improve market sentiment or performance. By Friday MPS shares had sunk to their lowest point ever — just 21 precarious cents above zero — and, once again, they had to be halted by Italy’s FTSE MIB.