by Glenn Greenwald, The Intercept:
IN THE PAST six weeks, the Washington Post published two blockbuster stories about the Russian threat that went viral: one on how Russia is behind a massive explosion of “fake news,” the other on how it invaded the U.S. electric grid. Both articles were fundamentally false. Each now bears a humiliating editor’s note grudgingly acknowledging that the core claims of the story were fiction: The first note was posted a full two weeks later to the top of the original article; the other was buried the following day at the bottom.
The second story on the electric grid turned out to be far worse than I realized when I wrote about it on Saturday, when it became clear that there was no “penetration of the U.S. electricity grid” as the Post had claimed. In addition to the editor’s note, the Russia-hacked-our-electric-grid story now has a full-scale retraction in the form of a separate article admitting that “the incident is not linked to any Russian government effort to target or hack the utility” and there may not even have been malware at all on this laptop.
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IN THE PAST six weeks, the Washington Post published two blockbuster stories about the Russian threat that went viral: one on how Russia is behind a massive explosion of “fake news,” the other on how it invaded the U.S. electric grid. Both articles were fundamentally false. Each now bears a humiliating editor’s note grudgingly acknowledging that the core claims of the story were fiction: The first note was posted a full two weeks later to the top of the original article; the other was buried the following day at the bottom.
The second story on the electric grid turned out to be far worse than I realized when I wrote about it on Saturday, when it became clear that there was no “penetration of the U.S. electricity grid” as the Post had claimed. In addition to the editor’s note, the Russia-hacked-our-electric-grid story now has a full-scale retraction in the form of a separate article admitting that “the incident is not linked to any Russian government effort to target or hack the utility” and there may not even have been malware at all on this laptop.
Read More
4 Chicago Teens In Custody After Broadcasting Kidnap Of Trump-Supporter Live On Social Media
More proof that the Masses are Asses...
Masses Shocked By Philly Beverage Tax Impact
California Dems Retain Eric Holder To Fight "Clear And Present Danger" From Trump
Bitcoin Explodes Higher As Chinese Interbank Liquidity Freezes; Overnight Yuan Rate Hits 45%
House Passes Bill To Undo Months Of Obama Regulations With Just One Vote
Protesters Swarm Goldman Sachs' Headquarters, Are "Physically Ejected"
Artificial Intelligence: Putting The 'AI' In Fail
Trump Is Working On A Plan To Restructure, Pare Back The CIA And America's Top Spy Agency
Paul Ryan Blasts Assange As A "Sycophant For Russia"; Says Trump Needs To Be "Better Informed"
Here's Why Liberals Are Suddenly Embracing The 2nd Amendment
In Massive Blow To California Unions, A Second Court Rules That Pension Benefits Can Be Reduced
Doug Kass Explains Why He Is Aggressively Buying Gold
Yea...Twitter is in the Shitter...
Twitter Cofounder's "New Media Platform" Medium Is Laying Off One-Third Of Its Staff, Closing Two Offices
In Surprise Move Venezuela's President Reshuffles Cabinet, Dumps Oil Minister, Names New "Economy Czar"
This "Rogue" Oil & Gas Nation Just Set A Slew Of Output Records
Clashes Erupt After Israeli Solider Is Convicted Of Manslaughter For Executing Wounded Palestinian Assailant
No Mr. Soros, America Needs Defending
Sarah Palin Apologizes For "Condemning" Julian Assange
December Auto Sales Jump To Record 18.4 Million SAAR As Light Truck Sales Surge
Goldman's Fed Minutes Post-Mortem: "The Elephant Was In The Room After All"
Twenty Hollywood nobodies, “religious leaders” and fellow left-wing activists appear in a new video ad “demanding” elected officials “obstruct” Donald Trump’s agenda.
An organization now known as ‘Humanity For Progress’ – formerly ‘Humanity For Hillary’ – is behind the two minute agitprop piece directing viewers to sign a petition at MoveOn.org, a George Soros-funded consortium, and promoting the hashtag #StandUpForUs.
The cringeworthy video, produced by the radical Marxists at “progressive media” house Art Not War, features a cast of mostly unrecognizable non-entities pleading with Congress and other politicians to do everything in their power to thwart the incoming President’s “American First” policies.
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by Peter Schroeder, The Hill:
Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen. Rand Paul (R-Ky.) have re-introduced legislation to “Audit the Fed,” after a similar effort stalled in the last Congress.
But such a proposal, which has been vocally opposed by Federal Reserve Chairwoman Janet Yellen, may face its best odds ever of becoming law. Both chambers are controlled by Republicans long critical of the Fed’s policies, and President-elect Donald Trump has heaped scorn on the central bank since the beginning of his presidential campaign.
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Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen. Rand Paul (R-Ky.) have re-introduced legislation to “Audit the Fed,” after a similar effort stalled in the last Congress.
But such a proposal, which has been vocally opposed by Federal Reserve Chairwoman Janet Yellen, may face its best odds ever of becoming law. Both chambers are controlled by Republicans long critical of the Fed’s policies, and President-elect Donald Trump has heaped scorn on the central bank since the beginning of his presidential campaign.
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by Sayer Ji, The Sleuth Journal:
Traded along spice routes separating ancient cultures by vast distances, spices like cumin were once worth their weight in gold. Has modern science now revealed why, beyond their remarkable aesthetic value, they were so highly prized?
Many spices are perfectly happy living a charmed life as seasonings, peppering things generously with flavor, and without ever arousing the suspicion that they may be capable of profound acts of healing, as well.
Meet cumin, a member of the parsley family, which is to say from a well-known family of healers native to the central Mediterranean region (southern Italy, Algeria and Tunisia).
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Traded along spice routes separating ancient cultures by vast distances, spices like cumin were once worth their weight in gold. Has modern science now revealed why, beyond their remarkable aesthetic value, they were so highly prized?
Many spices are perfectly happy living a charmed life as seasonings, peppering things generously with flavor, and without ever arousing the suspicion that they may be capable of profound acts of healing, as well.
Meet cumin, a member of the parsley family, which is to say from a well-known family of healers native to the central Mediterranean region (southern Italy, Algeria and Tunisia).
Read More
Meanwhile, Bitcoin hits record high.
from Zero Hedge:
While we eagerly await the next installment of the McKinsey study on global releveraging, we noticed that in the latest report from the Institute for International Finance released on Wednesday, total debt as of Q3 2016 once again rose sharply, increasing by $11 trillion in the first 9 months of the year, hitting a new all time high of $217 trillion. As a result, late in 2016, global debt levels are now roughly 325% of the world’s gross domestic product.
In terms of composition, emerging market debt rose substantially, as government bond and syndicated loan issuance in 2016 grew to almost three times its 2015 level. And, as has traditionally been the case, China accounted for the lion’s share of the new debt, providing $710 million of the total $855 billion in new issuance during the year, the IIF reported.
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from Zero Hedge:
While we eagerly await the next installment of the McKinsey study on global releveraging, we noticed that in the latest report from the Institute for International Finance released on Wednesday, total debt as of Q3 2016 once again rose sharply, increasing by $11 trillion in the first 9 months of the year, hitting a new all time high of $217 trillion. As a result, late in 2016, global debt levels are now roughly 325% of the world’s gross domestic product.
In terms of composition, emerging market debt rose substantially, as government bond and syndicated loan issuance in 2016 grew to almost three times its 2015 level. And, as has traditionally been the case, China accounted for the lion’s share of the new debt, providing $710 million of the total $855 billion in new issuance during the year, the IIF reported.
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by Geoffrey Grider, Now The End Begins:
The transition team also asked for copies of every executive order and directive sent to immigration agents since Obama took office in 2009, according to the memo summarizing the meeting. Trump has said he intends to undo Obama’s executive actions on immigration, including a 2012 order to allow children brought to the U.S. illegally by their parents to remain in the country on temporary authorizations that allow them to attend college and work.
IN A WIDE-RANGING REQUEST FOR DOCUMENTS AND ANALYSIS, PRESIDENT-ELECT DONALD TRUMP’S TRANSITION TEAM ASKED THE DEPARTMENT OF HOMELAND SECURITY LAST MONTH TO ASSESS ALL ASSETS AVAILABLE FOR BORDER WALL AND BARRIER CONSTRUCTION.
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The transition team also asked for copies of every executive order and directive sent to immigration agents since Obama took office in 2009, according to the memo summarizing the meeting. Trump has said he intends to undo Obama’s executive actions on immigration, including a 2012 order to allow children brought to the U.S. illegally by their parents to remain in the country on temporary authorizations that allow them to attend college and work.
IN A WIDE-RANGING REQUEST FOR DOCUMENTS AND ANALYSIS, PRESIDENT-ELECT DONALD TRUMP’S TRANSITION TEAM ASKED THE DEPARTMENT OF HOMELAND SECURITY LAST MONTH TO ASSESS ALL ASSETS AVAILABLE FOR BORDER WALL AND BARRIER CONSTRUCTION.
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by James Perloff, Jamesperloff.com:
Note: This article is being published during the final month of Barack Obama’s administration; the impact of a Trump Presidency remains to be seen.
In 1985, I began my journalistic career writing for The New American magazine, house organ of The John Birch Society. (I am not a spokesperson for either entity, so my remarks here are my own.) The magazine was, and still is, a defender of the U.S. Constitution, an opponent of globalism, and a critic of the Federal Reserve and Council on Foreign Relations. In the pre-Internet era, it was one of those few journals to use the word “conspiracy” in connection with the U.S. government.
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Note: This article is being published during the final month of Barack Obama’s administration; the impact of a Trump Presidency remains to be seen.
In 1985, I began my journalistic career writing for The New American magazine, house organ of The John Birch Society. (I am not a spokesperson for either entity, so my remarks here are my own.) The magazine was, and still is, a defender of the U.S. Constitution, an opponent of globalism, and a critic of the Federal Reserve and Council on Foreign Relations. In the pre-Internet era, it was one of those few journals to use the word “conspiracy” in connection with the U.S. government.
Read More
by Charles Hugh Smith, Of Two Minds:
An economy that only serves the prosperity of the protected top 5% is an economy doomed to rising inequality, stagnation and widespread social discontent.
If we seek a coherent context for the new year, we would do well to start with the foundations of widespread prosperity. While the economy is a vast, complex machine, the sources of widespread prosperity are not that complicated: abundant work and a low cost of living.
When work is abundant, there are opportunities for many skill levels, and employers must bid for the most productive, reliable workers. This supports wages and widespread employment.
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An economy that only serves the prosperity of the protected top 5% is an economy doomed to rising inequality, stagnation and widespread social discontent.
If we seek a coherent context for the new year, we would do well to start with the foundations of widespread prosperity. While the economy is a vast, complex machine, the sources of widespread prosperity are not that complicated: abundant work and a low cost of living.
When work is abundant, there are opportunities for many skill levels, and employers must bid for the most productive, reliable workers. This supports wages and widespread employment.
Read More
by Sean Adl-Tabatabai, Your News Wire:
Philippines President Rodrigo Duterte has issued a scathing attack at the Vatican, calling them purveyors of pedophilia on a global scale.
After the Vatican staged a photographic exhibition to commemorate victims of the drug war in the Philippines , President Duterte decided to publicly lash out.
Themindunleashed.com reports:
“You say Duterte killer. You priests, you blame me for the deaths of thousands of drug addicts, even those who died in hospitals, you still blame me. But you are the ones who killed Christ.”
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Philippines President Rodrigo Duterte has issued a scathing attack at the Vatican, calling them purveyors of pedophilia on a global scale.
After the Vatican staged a photographic exhibition to commemorate victims of the drug war in the Philippines , President Duterte decided to publicly lash out.
Themindunleashed.com reports:
“You say Duterte killer. You priests, you blame me for the deaths of thousands of drug addicts, even those who died in hospitals, you still blame me. But you are the ones who killed Christ.”
Read More
by Michael Krieger, Liberty Blitzkrieg:
It’s quite ironic that the one newspaper most hysterical in warning the American public about the dangers of “fake news,” has become the most prolific publisher of it. The most recent example, of course, relates to the entirely made up story that those dastardly Russians had hacked into the U.S. power grid through a Vermont utility. The paper’s source for the story? Anonymous government officials. Unsurprisingly, the entire thing was a fairytale.
Most of you will already be aware of the story, but this is such a monumental example of journalistic malpractice, it deserve far more attention and scrutiny.
Read More
It’s quite ironic that the one newspaper most hysterical in warning the American public about the dangers of “fake news,” has become the most prolific publisher of it. The most recent example, of course, relates to the entirely made up story that those dastardly Russians had hacked into the U.S. power grid through a Vermont utility. The paper’s source for the story? Anonymous government officials. Unsurprisingly, the entire thing was a fairytale.
Most of you will already be aware of the story, but this is such a monumental example of journalistic malpractice, it deserve far more attention and scrutiny.
Read More
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