Saturday, November 12, 2016

"Beware Of The Shadow Government": Ron Paul Warns President-Elect Trump

There are powers bigger than just the president, and Trump is under a lot of pressure right now to take advice from people who represent the deepest and darkest interests at work in foreign policy... If Trump thinks he’s now the big boss, he’d better be very careful and watch his back.

Trump’s True Mission — Lance The Boil

by David Stockman, DailyReckoning:
It can’t be emphasized enough. On Tuesday night the Wall Street/Washington ruling elites got fired and their policies of war, debt and bubble finance got ash-canned.
So he needs to start by calling out the rotten eggs — especially the anti-worker, anti-saver and Wall Street coddling posse of liberals and Keynesian fools who inhabit the Eccles Building.
In that context, it is to be devoutly hoped that he will take a page from Ronald Reagan’s 1981 playbook.
Namely, to lance the boil early and thoroughly rather than look for ways to placate Wall Street and keep the current destructive regime of Bubble Finance on life support.
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Wall Street Heads Spin Over Trump Weighing Dimon for Treasury and Restoring Glass-Steagall

by Pam Martens and Russ Martens, Wall St On Parade:
Yesterday, CNBC announced that anonymous sources had told the cable business news outlet that Trump’s advisers were considering JPMorgan CEO Jamie Dimon for U.S. Treasury Secretary. The rumor nugget was quickly spread by other media outlets. The likelihood is that the rumor is coming from Jamie Dimon’s hyper-charged public relations machine rather than from Trump’s closest advisers.
Should Dimon get the nomination from Trump he would have to appear before the Senate Banking Committee for his confirmation hearing. He would be facing hostility from progressive Senate Democrats on the Committee like Senators Elizabeth Warren, Sherrod Brown and Jeff Merkley for overseeing a Wall Street mega bank that has garnered an unprecedented three felony counts from the U.S. Justice Department in just the past three years while Dimon took home massive pay and bonuses.
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"There's Chaos Everywhere" - Indians Angry As ATMs Run Dry After Cash Ban

The blowback from the world's latest strike in the war on cash is unraveling fast in India. This week's decision by PM Modi to ban some high-denomination banknotes (on the premise of fighting corruption) has left "chaos everywhere" according to one official who accused the prmeier of wreaking havoc on the poorest Indians. As Reuters reports, nearly half of India's 202,000 ATMs were shut on Friday and those that operated quickly ran out of the new notes as scores of people descended upon

The Clintons And Soros Launch America's Purple Revolution

Not only must Trump have to deal with Republican neocons trying to worm their way into his administration, but he must deal with the attempt by Soros to disrupt his presidency and the United States with a Purple Revolution

Chicago Man Beaten By Angry Black Mob For Voting Trump Speaks Out

"I stopped and parked. And I asked if they had insurance, and the next thing that I knew they were beating the s--- out of me."

Is Trump's $1 Trillion Privately Funded Infrastructure Plan Feasible?

Interview With Jim Bianco: "The Elite Opinion Does Not Count Anymore"

"The fundamental underpinnings of the long term bull market are at risk... interest rates have gotten way ahead of themselves... The market is banking on the idea that the Trump presidency is going to be a giant reflation trade... We will see if that’s what they get..."

Trump Victory Leads To Unprecedented Fund Flows; Trillions In Gains, Losses

The sharp rise in yields following the Trump victory inflicted a big loss in the value of the global bond universe with the dollar value of the universe of tradable bonds globally losing $1.2 trillion over the past week, while at the same, the value of global equities increased by $0.8 trillion; however the real fireworks were behind the scenes, where the fund in- and outflows within equity groups were truly unprecedented.

Taliban Suicide Bomber Kills Four At Largest NATO Airbase In Afghanistan

Four people were killed and at least 14 injured when a man wearing a suicide vest set off an explosion inside Bagram Airfield - the largest NATO military base in Afghanistan and one of the most heavily protected places in the country - early Saturdat as people were gathering for a post-Veterans Day fun run.

Man Shot During Anti-Trump Protest In Portland, Police Looking For "African-American" Male Suspect

Do Progressives Really Find "White Trash" More Threatening Than Nuclear War?

"The progressives have totally discredited themselves just as the presstitutes have done. They actually prefer the risk of Armageddon to peace among nuclear powers. As their 501(c)3s live off corporate contributions, they prefer globalist corporate profits to jobs for ordinary Americans. These are the people who think of themselves as our instructors and our betters. If only Trump could exile the lot of them. They are anti-American to the core."

What Donald Trump's Proposed Tax Cut Means For You

Now that Trump is president, both individual and corporate tax-payers are taking a second look at Trump's proposed tax regime to see how it will impact their bottom line. Here is a quick primer.

OreGONE - Oregon Joins California In Proposal To Secede After Trump Victory

Like California, a group of distraught Hillary supporters in Oregon have filed a secession proposal alleging "irreconcilable differences" because "Oregonian values are no longer the values held by the rest of the United States"

Paul Joseph Watson Crushes The Hypocrisy Of The Left And Their "Temper Tantrum"

"Seriously, has anyone told you people you can't change the outcome of democratic election by throwing a temper tantrum."

Poor little Weiner...

Huma Abedin Said To Suffer Emotional Breakdown

Clinton's closest aide, Huma Abdein broke down and wepot openly as she returned to campaign headquarters where she and her aides ran doomed bid to elect Hillary Clinton.  It is unclear what Abedin, 40, will do now that her boss's political career is over; she has never worked for anyone else

WARNING: Period of Turmoil Ahead Will Resemble the FRENCH REVOLUTION

from Silver Doctors:

Will the “Rout” in Government Bonds Turn into Carnage?

by Wolf Richter, Wolf Street:
“Inflation Trade” Heats Up, “Greater-Fool” Trade Falls Apart
The Government “bond rout” didn’t start with Trump’s election victory. It started in July. And it didn’t just hit US Treasuries. It hit government bonds around the world. It’s predicated on the idea that inflation was raising its ugly head again. That idea has now become further entrenched.
The threat of inflation puts holders of low-yielding or zero-yielding long-term bonds in a very foul mood because the purchasing power of their capital gets destroyed without compensation.
It hit US Treasuries particularly hard. Central banks can push down long-term rates by buying bonds. The ECB and the Bank of Japan are doing that. But the Fed has been flip-flopping about raising rates. There is a good chance it will raise them another notch in December, from nearly nothing, by almost nothing, to next to nothing. So it isn’t going to revolutionize short-term rates. But it does point out that long-term rates in the US are on their own.
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As Predicted, Violence Blasts the US After Trump’s Election – and This Is Just the Beginning

by Jeff Berwick, The Dollar Vigilante:
The violent backlash has started, just as we predicted. The US is increasingly convulsed by anti-Trump public demos and riots. We’re supposed to believe it’s simply the result of a very close election and “passionate” voters. Hell, no.
We analyze trends, and we’ve already predicted a Trump presidency is going to be the subject of plenty of manipulations. There are very powerful people who intend to use his election to make things worse. No doubt the “crisis actors” are already out in force.
Like the military and economic trends we’ve spent the past two years analyzing and predicting, the current violence is part of a larger, targeted disintegration of the US and Western society in general. Today’s events are supposed to culminate in tomorrow’s global government.
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from Harvey Organ:
It seems that Shanghai pricing is higher than the other two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.
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Federal Reserve under Yellen

from BATR:
Now that the big bluff from the Federal Reserve that interest rates were poised to start their eventual rise has been played, when will the trigger actually be pulled? Assumptions that the Fed act as custodians of the national trust to balance and maintain the economic stability has been proven wrong time and again. Just how well has their efforts translated into the real economy of business activities that reflects positively for the average American? Obviously, if you are not a hedge fund speculator, your response will be guarded at best.
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HUGE VICTORY: Obama Administration Gives Up on Pacific Trade Deal (TPP)

by Joel B. Pollak, Breitbart:

Donald Trump’s victory in Tuesday’s presidential election has prompted President Barack Obama to abandon the Trans-Pacific Partnership (TPP) trade agreement, the Wall Street Journal reported late Friday.
According to the Journal, the White House had hoped to push the deal forward in the lame-duck session of Congress, assuming Democratic presidential nominee Hillary Clinton had won the election. Her loss has already changed the political landscape:
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Trump Reopening 9/11, Reversing Rome, in Bid to Be Greatest American Steward?

from The Daily Bell:

Trump: I’m Reopening 9/11 Investigation … “First of all, the original 9/11 investigation is a total mess and has to be reopened,” Trump said … Donald Trump believes that 9/11 has not been properly investigated and has promised to find out what really happened when he takes office in January.  Donald Trump’s plans for his first 100 days in office are raising eyebrows around the world, but of all the items on his agenda it is the reopening of the 9/11 investigation that will provide the greatest earthquake for the establishment. -YourNewsWire
Is new president-to-be Donald Trump really going to make major moves to roll back globalism?
We’ve indicated that one way or another (here) the “establishment” wished for Donald Trump to be elected. In our view, they certainly have the power – and we think Brexit offers a similar story.
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