Wednesday, March 8, 2017

Obama "Furious" With Trump Over Wiretapping Allegations



In a report demonstrating the collapse in diplomatic relations between the current and previous president, the WSJ wrote overnight that rapport between Barack Obama and Donald Trump has "unraveled" with Trump "convinced that Mr. Obama is undermining his nascent administration" and is "at war with them", while Obama is "furious" over Trump tweets accusing him of illegal wiretapping.

America's Women Go On Strike, Pledge To "Avoid Spending Money" (Men Celebrate)

"For years and years, March 8 has been International Women's Day, and it has been a happy, happy day, which is fine...But the political climate that we find ourselves in right now requires us to have political power."

Tim Kaine's Son Arrested For Rioting During Trump Rally

The youngest son of Senator Tim Kaine was one of six people arrested Saturday after counter-protesters disrupted a rally in support of President Donald Trump at the Minnesota State Capitol. Linwood Michael Kaine, 24, and four others were arrested on suspicion of second-degree riot after the “March 4 Trump” rally in St. Paul; another person was cited for disorderly conduct.

March Rate Hike Odds Reach 100%

Following the massive ADP employment beat (but productivity disappointment), March rate hike odds finally upticked to certainty. Fed Funds futures now imply a 100% chance that The Fed hikes next week.

US Productivity Growth Slowed Dramatically In Q4

Following Q3's 3.3% surge in US worker productivity - the best in 2 years - Q4 was a disappointment as growth slowed to just 1.3% (below the 1.5% expectation).

Trump Effect: ADP Employment Surges Near Most In 6 Years On Record Goods-Producing Job Gains

Following January's surge in employment (biggest gain in 7 months), February's ADP print exploded higher to 298k (5 sigma above all expectations). This is the third biggest monthly employment gain of the expansion. It appears the 'Trump Effect' is the biggest driver as the ADP payroll surge was mostly due to a record surge in employment for goods-producing industries.

UK Hikes 2017 Growth, Inflation Forecast, Trims Outer Years

In his first spring Budget speech before the House of Commons, UK Chancellor Phillip Hammond sharply raised his growth forecast for the UK for 2017, expecting 2.00% growth and 2.4% inflation, compared to the previous November forecast of 1.40% and 2.3% respectively, while modestly cutting outer years until the two projections catch up again in 2021, adding that the UK had "confounded commentators with robust growth."

Caterpillar Accused Of Tax, Accounting Fraud In Report; Stock Slides

The mystery of last week's Caterpillar office raid by various US government agencies may have been resolved, after the NYT reported overnight that a report commissioned by the government, written by an accounting professor at the Tuck School of Business at Dartmouth, has accused the heavy-equipment maker of carrying out tax and accounting fraud.

Gundlach Says Fed Will Hike "Until Something Breaks", Dumps Bank Shares

In his latest webcast to DoubleLine investors, Jeffrey Gundlach echoed Hartnett, when he said that he expects the Federal Reserve to begin a campaign of "old school" sequential interest rate hikes until "something breaks," such as a U.S. recession.

Stocks Mixed As Treasuries Suffer Longest Losing Streak Since 2012, Dollar Pops Ahead Of ADP

Asian markets dropped following disappointing China trade and Japan GDP data, while European stocks rebounded for the first time in five sessions led by miners and banks. US futures were little changed with a strong dollar pressuring oil below $53; sterling slid for the eighth day out of nine before the chancellor of the exchequer delivers his spring budget. Treasuries are headed for their longest losing streak since 2012 ahead of a 10Y U.S. debt auction, and today's ADP private payrolls report.

Wikileaks Unveils 'Vault 7': "The Largest Ever Publication Of Confidential CIA Documents"; Another Snowden Emerges

WikiLeaks has published what it claims is the "largest ever publication of confidential documents on the CIA." It includes more than 8,000 documents as part of ‘Vault 7’, a series of leaks on the agency which expose the agency's massive hacking arsenal.

Former NSA Whistleblower: "Trump Is Absolutely Right, Everything Was Being Monitored"

Legendary NSA whistleblower William Binney (and creator of NSA's global surveillance system) confirmed to Fox News, that President Trump is "absolutely right" to claim he was wiretapped and monitored... he was.


I think they are referring to Politicians and Bankers as the worst Terrorists...

Homegrown Terrorism Is Top Threat To UK, New Report Finds

Homegrown terrorism inspired by the Islamic State poses the dominant threat to the national security of the United Kingdom, according to a comprehensive new report on violent Islamism in Britain.

Indian IT Firms May Fund U.S. Trade Schools To Replace H-1B Workers

Trump:  "The H-1B program is neither high-skilled nor immigration; these are temporary foreign workers, imported from abroad, for the explicit purpose of substituting for American workers at lower pay."

The Next Domino To Fall: Commercial Real Estate

Unless the Federal Reserve intends to buy up every dead and dying mall in America, this is one crisis that the Fed can't bail out with a few digital keystrokes.

11 Arrested In Sweden As Migrants Riot, Hurl Rocks At Police

"What lies behind the incident is a brawl between different immigrant groups that have emerged here in Hallsberg. They came [to Hallsberg] relatively recently. Normally, nothing happens in Hallsberg, it is a very quiet community. We are not accustomed to this kind of problem, this is all new to us."

Wikileaks Exposes CIA Exploit Capable Of Cyber "False Flag" Attack To Blame Russia

... the UMBRAGE group and its related projects allow the CIA to misdirect the attribution of cyber attacks by "leaving behind the ‘fingerprints’ of the very groups that the attack techniques were stolen from."

What The Hell Is Going On?

"The dissonance between what I have been observing and what is being flogged by the establishment mouthpieces in the corporate mainstream media has never been greater. I’m 53 years old. The older I get the less sure I am about things I was sure about when I was 25 years old... I find it exhausting. We’re lost in a blizzard of lies."

5 Dystopic Movies That Are Coming True Right Now

From 'border walls' to 'biometrics' and from 'economic collapse' to the 'surveillance state', is life imitating art... or was it all a guidebook?

VACCINE STUDY: Peer-Reviewed Study Shows Vaccinated Children Have a 700% Higher Chance of Neurodevelopmental Disorder

by Vicki Batts, Natural News:
On Valentine’s Day, a 34-page study that illustrated some of the harmful effects of vaccination was made available for viewing online. Six hours later, the URL had vanished, and the study was seemingly erased from the depths of the internet — likely in the hopes that the “controversial” information it contained would be forgotten.
Vaccination and Health Outcomes: A Survey of 6- to 12-year-old Vaccinated and Unvaccinated Children based on Mothers’ Reports, by Anthony R. Mawson, et al. seemed like any other standard report on vaccination at first glance, according to author James Grundvig.
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FROM WASHINGTON TO THE MIDDLE EAST, SHOULD THE WORLD BRACE FOR MARCH 15?

by James Perloff, Jamesperloff.com:

The MacMillan Dictionary defines a “perfect storm” as “a very unpleasant situation in which several bad things happen at once.” Trying to predict the future is one of the easiest ways to end up with egg on one’s face. However, enough matters will converge on March 15 that I think prudence commends our at least being aware of them.
 Federal debt ceiling deadline. Recently the following comments from David Stockman, who was Ronald Reagan’s Director of the Office of Management and Budget, caught my attention:
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Endless Fed Deceit

by Turd Ferguson, TF Metals Report:
Of course, we all know that the benevolent and altruistic organization called The Federal Reserve is on a rate hike regimen because the US economy is “booming” and “robust”. Oh, really? After just +1.6% “growth” for 2016, Mr. Donut in Atlanta today lowered his Q1 GDP projection to just +1.3%. That sure sounds robust to me!
Before we get to the current status of this booming economy, please allow me to remind you of a few things. First of all, this oldie-but-goodie from 2015…when The Fed first began jawboning about rate hikes and normalization. The entire investment world may forgotten this but, rest assured, we haven’t. If you don’t like the GDP numbers, just force the government beancounters to double their “seasonal adjustments”: https://www.bloomberg.com/news/articles/2015-05-22/gdp-changes-coming-in…
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Washington’s Benevolent Mask Is Disintegrating

by Paul Craig Roberts, Paul Craig Roberts:
The few weeks of Trump’s presidency suffice to make clear that there will be no change this time either. Normal relations with Russia are on the back burner, if not off the stove. The material needs of the military/security complex for an enemy in order to justify its budget and police state powers, and the ideological needs of the neoconservatives for US world hegemony, are deemed to be more important than trust between thermo-nuclear powers. As for the liberal/progressive/left, they regard working to preserve life on earth as merely a pretext for being soft on Russians and those who commit treason by favoring friendly relations with Russia.
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In First Trade War Shot, Mexico Cancels Sugar Export Permits To U.S.

Mexico has taken a pre-emptive step in the imminent trade dispute with the US, by canceling existing sugar export permits to the US in a dispute over the pace of shipments, Reuters reports citing a letter. The trade flare-up according to industry sources could temporarily disrupt supplies.

Research Proving Vitamin C’s Therapeutic Value in 200+ Diseases

by Sayer Ji, The Sleuth Journal:
Vitamin C is generally considered to be an important “nutrient,” but its perceived value usually ends there. Only rarely does the public (and the medical profession) glimpse its true potential in the prevention and treatment of disease — and this because, by legal definition (in the US), only FDA-approved drugs can prevent, treat and cure disease.
This does not mean, however, that essential nutrients like Vitamin C cannot in fact prevent and treat disease, i.e. only because it is illegal to speak truthfully about something, doesn’t mean that that something isn’t true. The National Library of Medicine, in fact, contains thousands of studies demonstrating vitamin C‘s ability to significantly improve health, with 220 disease applications documented on the research site GreenMedInfo.com alone. The best thing ‘we the people’ can do, despite our lack of medical degrees and licensure, and without the FDA’s iron-fisted legal and regulatory apparatus on our side, is to use the peer-reviewed research at our disposal to inform and protect our treatment decisions.
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More Bad News for the LBMA Silver Price, but an Opportunity for Overhaul

by Ronan Mmanly, BullionStar:
On Friday 3 March 2017, in a surprise announcement with implications for the global silver market, the London Bullion Market Association (LBMA) informed its members that the current administrator and calculation agent of its recently launched LBMA Silver Price auction, Thomson Reuters and the CME Group respectively, will be pulling out of providing their services to the problematic London-based silver price benchmark within the near future. Thomson Reuters and the CME Group issued identical statements.
This is surprising because Thomson Reuters and the CME Group only began administering / calculating the LBMA Silver Price auction two and a half years ago in August 2014, when, amid much hubris, the duo were awarded the contract after a long-drawn-out and high-profile tender process. Notably, the Thomson Reuters / CME contract with the LBMA was for a 5-year term running up to and into 2019. So the duo are now pulling out mid-way through a contract cycle.
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Investor Group Attacks Snap’s No-Vote Shares, Stock Plunges

by Wolf Richter, Wolf Street:
Top indices might refuse to include Snap’s shares.
The third day was not the charm. Not for Snap, the company that owns the Snapchat app. An investor revolt, spearheaded by the Council of Institutional Investors, against Snap’s non-voting class A shares is now deflating a big part of the hype around its IPO.
The hype worked like this: The market capitalization of Snap would be pushed so high that major indices, including the S&P 500 index and the MSCI USA Index, would include the stock, and that index and pension funds that track these indices would all have to buy the shares, and thus drive up the share price even further.
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#PEDOGATE: INTERPOL NETWORK IDENTIFIED 10,000 CHILD SEXUAL ABUSE VICTIMS IN JANUARY

from Virtual Global Taskforce.com:
LYON, France – Ten thousand victims of child sexual abuse around the world have now been identified through INTERPOL’s International Child Sexual Exploitation (ICSE) database.
The only global platform of its kind, INTERPOL’s ICSE database enables specialist officers to use sophisticated image and video comparison software to make connections between victims, abusers and locations.
By analysing the digital, visual and audio content of photographs and videos, victim identification experts can retrieve clues, identify any overlap in cases and combine their efforts to locate the victims.
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Facebook Zero And The “People’s Receiver”

by Tony Cartalucci, Activist Post:
“All of Germany hears the Führer with the People’s Receiver,” reads a World War II propaganda poster. It was advertising the Volksempfänger – or, the People’s Receiver – described by the US Holocaust Museum which contains one of the radios in its collection in Washington D.C. as:
Goebbels’s ministry recognized the tremendous promise of radio for propaganda. It heavily subsidized the production of the inexpensive “People’s Receiver” (Volksempfänger) to facilitate sales. By early 1938, the number of radios in German homes surpassed more than 9 million, roughly one for every two German households. Three years later, this figure rose to almost 15 million, providing 50 million Germans with regular radio reception.
The radio lacked the capability to receive foreign radio stations, and on its dial, only German and Austrian stations were marked. This – in conjunction with radio jamming efforts – was a deliberate attempt to confine the German public’s access to information to only that emanating from Berlin.
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When Deutsche Bank Wobbles, Wall Street Gets Shaky Knees

by Pam Martens and Russ Martens, Wall Street On Parade:
Yesterday, the German global bank, Deutsche Bank, fell by 3.82 percent by the close of trading on the New York Stock Exchange on news of a capital raising and revamp in strategy. That price action took down every major Wall Street bank stock and, interestingly, MetLife, which closed down 1.64 percent, beating out even Citigroup which closed down 1.18 percent. The rest of the major derivatives players fared as follows: JPMorgan Chase closed with a loss of 0.95 percent; Bank of America was off by 0.75 percent; Morgan Stanley closed down 0.56 percent; with Goldman Sachs down a meager 0.35 percent after infusing itself throughout the Trump administration’s corridors of power in Washington.
Last June, Deutsche Bank found itself the subject of unwanted attention in a report issued by the International Monetary Fund (IMF). The report looked at the “Financial System Stability” of German financial institutions and examined the systemic impact that a major bank blowing up would have on other domestic German banks and insurers as well as financial stability in other countries. The report concluded that spillover effects would not be limited to Germany but would impact France, the U.K. and the U.S.
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