I’ve been warning my readers since last December that the Fed was on track to raise interest rates on March 15.
I was almost alone in that view. Market indicators were giving only a 25% chance of a rate hike. Wall Street analysts were paying lip service to the idea that the Fed might raise rates twice before the end of the year but said the process might begin in June, not March.
Wall Street expectations and market indicators did not catch up with Fed reality until last week, when expectations moved from 30% to 90% in four trading days before converging on 100%.
Remember...the ACLU was started by a Communist...
This report marks the end of a series of three big trains of thought. The first explained how we’re living through the Mother Of All Financial Bubbles. The next detailed the Great Wealth Transfer that is now underway, siphoning our wealth into the pockets of an elite few.
This concluding report predicts how these deleterious and unsustainable trends will inevitably ‘resolve’ (which is a pleasant way of saying ‘blow up’.)
The Ka-POOM Theory
In terms how this will all end, we favor the scenario put forth by Eric Janszen in 1998 called the Ka-POOM theory.
Assad added that “if [the West] had the chance, they would try to change every government in the world”
As we reported this morning, Assad gave an amazing interview to Chinese media in which he stated very clearly that U.S. troops in Syria are “invaders” who have lost “nearly every war”.
We found the full interview, and it’s a gem.
Our favorite moment (aside from Assad pointing out that U.S. soldiers in Syria are invaders who can’t fight their way out of a paper bag) comes when the Chinese reporter asks Assad about the recent U.N. Security Council resolution to impose new sanctions on Syria, which both Russia and China vetoed (and in our opinion, solidified the Moscow-Beijing strategic alliance against Washington).
In the wake of Wikileaks’ Vault 7 revelations, Buzzfeed has been caught by Wikileaks publishing false claims purportedly made by Apple that it had “patched the vulnerabilities mentioned in the Wikileaks dump of CIA cyber tools.” Wikileaks tweeted that Apple had not fixed any newly discovered vulnerabilities, labelling the claim “fake news.”
Buzzfeed’s phrasing misleadingly encouraged an assumption that Apple had stated all of the vulnerabilities exposed by Vault 7 had been patched. However, the statement by Apple does not claim total coverage. In Buzzfeed’s own article Apple states: “…our initial analysis indicates that many of the issues leaked today were already patched in the latest iOS…” Apple’s claim merely stated that some of the exploits used by the CIA had been addressed in the event that they were organically discovered.
filed under "White Trash"
Back in 2010, amid the furore over the Democrat’s healthcare tax – soon to be nicknamed ‘Obamacare’ – Nancy Pelosi explained to the world, seemingly ignorant of the inaneness of what she was saying, that “we have to pass the bill so that you can find out what is in it.”
7 years later, we know how that ended, you lost the doctor you liked and your premiums are exploding.
So here we are, in 2017, 50 days after President Trump took office and the markups to the Obamacare Repeal and Replace actions are underway, and none other than the very same Democratic Party leader Nancy Pelosi has this to say (in a letter to Speaker Ryan)…