Tuesday, December 6, 2016

Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes

Under the twisted premise of losing the popular vote and "no taxation without representation", TIME's Mark Weston proclaims that the approximately 65 million Democrats who voted for Hillary Clinton should pledge "we won’t pay taxes to the federal government.. until democracy is restored."

Not Remotely Data Dependent

Should the FOMC “hike” in December, it will again have nothing to do with economy or recovery.

Trump Tweets Japan's SoftBank Will Invest $50 Billion In The US, Create 50,000 New Jobs

"China Has Run Off The Cliff So Fast, People Seem To Think They’ll Make It To The Other Side"

So long as inflation remains within those bounds the Beijing Boys can stuff bad loans made to steel mills into the Great Wall Asset Management company, which is financed through a bond, bought by some bank, guaranteed by the government.

Oil’s Most Popular Trading Products May Soon Be Shut Down

The problem with products like UWTI is not that the product is unsuccessful, but rather that it is broken.

Bill Gross Reveals The "Global Establishment's Overall Plan" In Eight Simple Steps

Having exposed the "current global establishment’s (including Trump’s) overall plan" consisting of 8 simple steps to solve the global debt crisis,Bill Gross then goes on to say that "it pays to not fight the tiger until it becomes obvious that another plan will by necessity replace it."

Trump Sold All His Stocks In June

Donald Trump sold all of his shares in companies in June, according to a Trump spokesman, a move that would have raised substantial cash ahead of the presidential election and could ease concerns about potential conflicts of interest.

Pentagon Buries Study Revealing $125 Billion In Waste On "Bloated Bureaucracy"

The Dramatic Impact Of Surging Rates On Housing And Refis In One Chart

To visualize the impact the recent spike in mortgage rates will have on the US housing market in general, and home refinancing activity in particular, look no further than this chart.

Michigan Republicans File Emergency Motion To Halt Recount As Another Major Snag Emerges

The Michigan Republican Party filed emergency motions with the U.S. 6th Circuit Court of Appeals early on Tuesday, seeking a stay of a federal judge's order that started a statewide presidential recount in Michigan on Monday, even as another potentially "dealbreaking" snag has emerged to Jill Stein's recount effort.

Watch Ron Paul Ask If Trump Can Leash Pentagon "Mad Dog" Mattis: Live Feed

President-elect Trump's choice of Gen. James Mattis to be Defense Secretary has raised more than a few eyebrows. Not only as a military officer in a traditionally civilian position, but also as an executive in a leading defense contractor. His views on Iran are also considered extreme and not grounded in reality. Ron Paul asks "Will the mad dog be leashed?" in the following live discussion...

Supreme Court Rules On Insider Trading For First Time In 20 Years: Why It Matters

Ruling in its first insider-trading case in two decades, the justices unanimously said that people can be sent to prison for making trades even when the insider who provided the tip wasn’t trying to make money. The court said it’s enough if the insider gave the information as a gift.

Boeing Responds To Trump

Tony Blair Warns "Fragile" Western Democracies Are In "Peril"

"There is immense amount of anger at established ways of doing things.  There is, I think, a whole group of people who feel ignored by those in power, that is for sure true. There is more anger around in politics than for a long time.  In Europe, we have systems that are at a point of fragility that troubles me."

Fitch Cuts Outlook For Italian Banks To Negative Due To High Bad Debt, Referendum Vote Risks

Moments ago Fitch added some more fuel to the Italian bank fire when it announce it has changed its outlook on Italian banks to negative, a reflection of "its increased vulnerability to shocks following the asset-quality deterioration in legacy portfolios. A step-up in pressure from authorities and market participants on the sector to reduce the very high levels of impaired loans has increased urgency and risks for Italian banks"

Dallas Pension Showdown: Mayor Seeks To "Target Those Who Got Rich From System"

Dallas is headed for bankruptcy court. The sooner it gets there the better off the city will be.

How Russia Outsmarted OPEC

Russia, along with Iran, could turn into the big winner of the agreement, enjoying high output and higher prices, which would allow it to further expand its global market share. Unless, of course, OPEC lies, as former Saudi Oil Minister Ali al-Naimi plainly said this week. “Unfortunately,” he said, “we tend to cheat,” commenting on how OPEC handles its only tool of market rebalancing: production cuts.

VIDEO PREVIEW: Get fully briefed ahead of this Thursday’s crucial ECB rate decision

Italian Constitutional Court To Hold January 24 Hearing On Electoral Law

Italy's constitutional court said on Tuesday it will hold a hearing on the legitimacy of a new electoral law on Jan. 24, in a case which has major implications for when parliamentary elections might be held.

In "Astonishing U-Turn" Merkel Pledges To Ban Burka Before Being Reelected As CDU Leader

Chancellor Angela Merkel pledged to ban the burka and bring the refugee crisis under control, adding that German law “takes precedence” over the Islamic code of Sharia in a shock speech at her annual party conference, delivered moments before she was reelected as CDU chairwoman.

ABC News Fakes Crime Scene for Story

from Mark Dice:

The War on Cash – One Giant Leap Forward For Government

by Martin Armstrong, Armstrong Economics:
The European Payments Council (EPC), a subdivision of the European Central Bank, is taking one giant step forward in their quest to eliminate all cash to increase taxes. They have gone ahead and set up the technical bases last week to enable the immediate payments system throughout Europe. One of the stumbling blocks has been the fact you cannot transfer money same day for banks like to play with your money and holding it for a few days. If the payment comes from overseas, the bank will not “clear” the funds usually for six weeks.
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by Jim Quinn, The Burning Platform:
“Companies are not going to leave the United States anymore without consequences.” – Donald Trump
The reaction to Trump’s deal to keep 1,100 Carrier jobs in Indiana has ranged from outrage to adoration. There are so many layers to this Shakespearean drama that all points of views have some level of credence. I’m torn between the positive and negative aspects of this deal. If you’ve read Bastiat’s The Law and Hazlitt’s Economics in One Lesson, you understand the fallacies involved when government interferes in the free market. Politicians and their fanboys always concentrate on the seen aspects of government intervention, but purposely ignore the unseen consequences.
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It’s Not Over: Rogue Republican Elector Announces He Will Not Vote For Trump And Urges Others To Join Him

by Michael Snyder, The Economic Collapse Blog:
Donald Trump has already lost one of his electoral votes, and there are indications that a number of additional electors may be prepared to abandon him. Prior to the election, I warned my readers that we would not officially know who the next president would be until December 19th. On that Monday, the 538 members of the Electoral College will gather in their state capitals in all 50 states to formally elect the next president. Throughout U.S. history electors have voted according to the will of the people more than 99 percent of the time, but in 2016 there is a concerted effort to persuade Republican electors not to vote for Trump. If 37 Republican electors can be convinced to vote for someone other than Trump, that would keep Trump under the 270 vote threshold needed to win and it would throw the election into the House of Representatives. Most people had considered this to be a longshot, but on Monday a Republican elector named Christopher Suprun publicly announced in the New York Times that he will not cast his vote for Donald Trump. On the other side, there are at least 8 Democratic electors that have already publicly pledged to switch their votes from Hillary Clinton to a compromise Republican alternative to Trump.
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from Harvey Organ:
Another raid by our banker friends in gold and silver as they try desperately to keep a lid on the turmoil in the world. Last night, Italy voted “No” to reforms and as promised Renzi quit as PM. Italy has a huge problem with its banks. They have 360 billion euros of non performing loans on their books with little equity left. Most of the ownership of Italian bank bonds are owned by Italians (especially senior citizens and that is their entire wealth tied up with these bonds). If they bail in on the banks, then these guys suffer and that is exactly what Renzi tried to avoid. Now will the ECB bail in and create havoc in Italy..stay tuned
Read More @ Harveyorganblog.com

Gold & Silver Investors: Will We See Windfall Profit Taxes Or Confiscation? Mike Maloney

from GoldSilver (w/ Mike Maloney):

Website Raising Money To Fund Assassinations Of Trump, Pence Uncovered On “Dark Web”

from ZeroHedge:
A website hosted on the Dark Web claims to be asking for Bitcoin donations and “expert advice” to help fund the assassinations of President-elect Donald Trump and Vice President-elect Mike Pence.
According to CSO, which first uncovered the “murder-for-hire” site, the darknet portal went live last week and calls for assistance to fund an assassination attempt against Trump, and features an image of the president-elect in crosshairs. The website is located on the Dark Web, and can be accessed only using the Tor browser, which masks IP addresses.
“As you are all well aware, the consequences of having Donald Trump and Mike Pence as the leaders of the free world is extremely dangerous,” reads a statement on the “murder-for-hire” website. “The political, environmental and social consequences will change the United States for the worst.”
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Wall Street’s Goldman Sachs Is Big Winner In Trump Election Victory

by Jeff Berwick, The Dollar Vigilante:
During the Democratic primary, Bernie Sanders demanded that Hillary Clinton release transcripts of speeches she made to Wall Street’s top banks, including Goldman Sachs.
Her detractors claimed that a Clinton nomination as the democratic presidential candidate would be a win for Wall Street.
While Donald Trump was campaigning he promised to “drain the swamp” in Washington, District of Criminals (DC) – by avoiding placing either lobbyists or Wall Street pros in positions of political power.
Boy, how time flies! Yesterday’s certainties are certainly not today’s realities. Trump’s cabinet appointments are nestled firmly in the conservative wing of the Republican Party.
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Nancy Pelosi: “I Don’t Think People Want a New Direction”

by Tim Brown, Freedom OutPost:
Somehow the Wicked Witch of the West, Representative Nancy Pelosi (D-CA), was once again determined to be the Democrat leader in the House of Representatives. However, though her party has lost control of the House, the Senate and the White House, she still had the audacity to go on national television and declare that the American people don’t want to change directions from the Marxism that she and Barack Hussein Obama Soetoro Sobarkah have been pushing us for nearly a decade.
Appearing on CBS’ Face the Nation, Pelosi was asked by host John Dickerson, “The Democratic Party is in a moment of questioning about its identity. You were re-elected to lead the Democrats in the House. What do you tell Democrats who want a new direction and then, go to you, what are you going to do differently?”
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What Washington Wants us to Believe isn’t Happening in Syria

by Salman Rafi Sheikh, New Eastern Outlook:
With Syria gradually coming under the control of the Syrian army, backed as it is by the Russian and Iranian forces, the Western propaganda about Assad and its allies has equally lost its grip. In fact, nothing else could have proved the West wrong about Syria than the simple fact that the Syrian forces, despite suffering from a war fatigue of five years, have held their ground and retaken a lot of territory that they had previously lost to the “rebels” and other terrorist organisations. With Aleppo only inches from falling and with rebels now being cornered in the province of Idlib and a few isolated pockets of territory in Aleppo and Homs Provinces and around the capital, Damascus, the US president Obama’s early warning about Russia and Iran being trapped in Syria has quite convincingly been proven wrong.
In his first ever comment about Russia’s military campaign in Syria, given in October 2015, Obama had clearly said Russia and Iran’s attempt to “to prop up Assad and try to pacify the population is just going to get them stuck in a quagmire and it won’t work,” adding further that “they will be there for a while if they don’t take a different course.”
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John Pilger Raises a Question: Has There Ever Been a Government More Evil Than Washington?

by Paul Craig Roberts, Paul Craig Roberts:
ohn Pilger Raises a Question: Has There Ever Been a Government More Evil Than Washington?
The Coming War on China by John Pilger
Years ago when I was staff associate, House Defense Appropriations Subcommittee, a tutorial was provided on the destructive power of the Soviet ICBM SS-18, known as Satan. Employing hyperbole, the lecturer said that one SS-18 on Washington would kill everone from Boston to Atlanta.
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