Now that the shoe is on the other foot, many liberals all over America have suddenly become extremely interested in prepping. Fearing that a Trump presidency could rapidly evolve into a “Trumpocalypse”, a significant number of leftists are now stockpiling food, guns and emergency supplies. In fact, even though many had expected a sharp drop in gun sales following Trump’s victory, what actually happened is that fear of what is coming under Trump pushed background checks for gun sales to an all-time record high on Black Friday. The election of Donald Trump has awakened the left to a degree that we haven’t seen in decades, and some on the left are embracing hardcore survivalism without any apologies.
An Odd Disconnect: Consumer Confidence At 12 Year HIgh As Inflation Expectations Tumble To All Time Lows
It’s becoming increasingly clear that the move to ban cash is going global. What started with Modi in India is now moving to Australia and Spain, and if people don’t revolt en masse and soon, the passivity of these populations with embolden the Federal Reserve and bankers to ban cash in the United States. And while the tyranny against cash only grows, the global bond bubble is beginning to pop – with many experts predicting total systemic collapse in 2017, and possibly as soon as January.
The optimism that has followed the election of Donald Trump has pushed the Dow Jones Industrial Average to the threshold of 20,000, a level that will be both a nominal record and a symbolic milestone. Although this is not the way most observers had predicted that 2016 would play out, most on Wall Street have become extremely reluctant to look a gift horse in the mouth…or to even look at him at all. The impulse is to jump on and ride, and only ask questions if it pulls up lame. But if this year has proven one thing, it is that predictions made by the consensus should not be trusted.
Back in the earlier part of 2016 the mood was decidedly darker. At that point most people believed that the Federal Reserve would be raising rates throughout the course of the year. While such hikes had been anticipated (and delayed) for years, most took comfort in the belief that the economy would be expanding nicely by the time the Fed actually pulled the trigger. But in late 2015, the already tepid GDP growth seen in the prior two years seemed to be decelerating. Investors also concluded that Hilary Clinton was a lock to win the election, thereby assuring that the anti-growth policies of the Obama years would continue. Many looked at these developments and concluded that the sins of the past decade, in which the Government and the Federal Reserve had used unprecedented levels of fiscal and monetary stimulus to prop up the economy and the stock market, had finally caught up with us. As a result, the Dow Jones shed more than seven per cent in the first two weeks of the year, its worst start on record.
The latest mantra of CIA-linked media since the “Pizzagate” leaks of data alleging that Hillary Clinton Campaign Manager John Podesta and other highly influential political persons in Washington were connected to an unusual pizza place near the White House run by a 41-year old James Achilles Alefantis called Comet Ping Pong, is the need to crack down (i.e. censorship) on what is being called “Fake News.” The latest step in this internet censorship drive is a decision by the murky social media organization called Facebook to hire special organizations to determine if Facebook messages are pushing Fake News or not. Now it comes out that the “fact check” private organizations used by Facebook are tied to the CIA and CIA-related NGO’s including George Soros’ Open Society Foundations.
In the last weeks of the US Presidential campaign, Wikileaks released a huge number of emails linked to Clinton Campaign Manager, John Podesta. The contents of thousands of emails revealed detailed exchanges between Podesta and the oddly-influential Comet Ping Pong pizza place owner, Alefantis, as well as the Clinton campaign, which held fundraisers at Comet Ping Pong.
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new president, and the stimulation he will provide is of tax cuts and infrastructure spending.
If interest rates must rise a tad, who cares? More important for equity-driven investors is the improved outlook for corporate profits from a combination of fiscal stimulation and a business-friendly administration.
Dear Donors, thank you for your support in 2016. Although you have kept me working yet another year, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the world. Perhaps some of you will be those people.
My traditional Christmas column goes back to sometime in the 1990s when I was a newspaper columnist. It has been widely reprinted at home and abroad. Every year two or three readers write to educate me that religion is the source of wars and persecutions. These readers confuse religion with mankind’s abuse of institutions, religious or otherwise. The United States has democratic institutions and legal institutions to protect civil liberties. Nevertheless, we now have a police state. Shall I argue that democracy and civil liberty are the causes of police states?
First cracks appear in Seattle’s crazy Rent Boom.
Median asking rents in some of the most expensive markets in the US have started to decline on a year-over-year basis, with landlords throwing incentives into the mix, even where incentives are rare. This has hit the formerly hottest rental markets: San Francisco, New York City, Boston, Washington D.C., Chicago, Miami, and Honolulu.
At the same time, rents are still rising in other cities. In Seattle, the median asking rent jumped 10% in November year-over-year, but even there, cracks are appearing. More on that in a moment.
Yves Chandelon, Chief Auditor of NATO in charge of counterterrorism funding, was reportedly found dead in the city of Andenne in the Belgian Ardennes last Friday, of a single gunshot wound to the head.
If Chandelon’s death was an assassination, it would make the third one in the last seven days following the the assassination of Russian ambassador Andrey Karlov, and the assassination of Russian Foreign Ministry Petr Polshikov.
Chandelon was the son of a Belgian businessman a CEO for Career Kalvysob. He became a banker after his father, and then joined NATO in 1998.
As the media in Belgium reported, it’s suspected that the official most likely committed suicide. However, his family has rejected this notion and there are key facts that a lot of people are missing.