Jim’s Mailbox

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Jim/Bill,

Every Saturday, I stress the banks own both parties!

Dave

Jamie Dimon Tells 60 Minutes He’s A Patriot; There’s Good Reason To Think He’s A Crime Boss
November 10, 2019

Jamie Dimon was interviewed by Lesley Stahl this evening on the CBS investigative news program, 60 Minutes. The gist of Dimon’s argument is that candidates for President, such as Senator Elizabeth Warren, should stop vilifying him simply because he’s “successful.” Dimon also wants the public to know that it’s “dead wrong” to think he’s not a “patriot.”

. . .

Chapter Five of the book is titled: “The Case for Prosecuting Officers of JPMorgan Chase Under RICO.” The trial lawyers write:

“This country cannot move forward with integrity until it faces the fact that bankers have criminalized the financial services industry. We, the people, have to demand an honest government that enforces the law, even against super rich criminals. As Robert Kennedy said, ‘Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on…If Jamie Dimon is running a criminal institution, he should be prosecuted for it. And law enforcement has the perfect tool for such a prosecution: the Racketeer Influenced and Corrupt Organizations Act (‘RICO’).”

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Jim/Bill,

Every step forward for China is a step back for the USA.

Dave

Greece, China Sign 16 Belt And Road Deals To Open New Superhighway
November 12, 2019

Chinese President Xi Jinping is on an official visit in Athens Monday has signed 16 agreements in sectors including agriculture, energy, ports, and tourism aimed at increasing Belt and Road Initiative (BRI) projects in the European Union, reported Bloomberg.

President Xi met with political leaders in Athens Monday, after the Prime Minister of Greece Kyriakos Mitsotakis visited China last week.

Beijing is planning on significantly boosting Chinese investment in Greece, which could lay the groundwork for a new superhighway of trade between Europe and China.

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Jim/Bill,

As long as the market goes up every day Americans will look the other way.

Dave

Events In Bolivia Follow Script Of ‘Color Revolution’ – The Antithesis Of Democracy
November 12, 2019

 From the claim of a ‘stolen’ election to the opposition burning ballots and the forced resignation of President Evo Morales, the events in Bolivia have followed the script of the original “color revolution” in Serbia.

A politician critical of Washington seeks re-election, and wins the vote in the first round under the existing rules. Opposition parties cry foul and demand a runoff, only to attack the polling stations and burn the ballots, making an accurate count impossible. Then their demands escalate: the “dictator” must resign without a new vote, the “people power” in the streets demands it.

Yes, this is Bolivia in early November 2019. But I remember it also being Serbia, in early October 2000 – back when it was still known as Yugoslavia. One or two similarities would be a coincidence; this kind of eerie overlap points to something more. Especially when what happened in Serbia would later be identified as the very first case of “color revolution.”

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Jim/Bill,

If you listened to the presidents speech yesterday, he said every thing was the best ever. I am confused. What should we believe?

Dave

Trump Talks Trade, Praises Negative Rates At Economic Club Of New York
November 12, 2019

Update 2: During President Trump’s speech on Tuesday, he laid out his economic message for the 2020 campaign: Under his administration, the US has experienced more than five years of uninterrupted growth, and record-low unemployment.

Trump said he reversed policies imposed by his predecessors that restrained the economy, blaming regulations and trade deals advanced by other presidents. He added that the “political class sold out American workers.”

The president reiterated his criticism of the Fed, which he has repeatedly bashed for not cutting interest rates sooner. Yet, this time he actually called for the central bank to consider cutting rates into negative territory like they have in Europe. When Trump’s praise of negative interest rates only evoked a brief burst of applause, Trump remarked that “only the smart people are clapping.”

Turning his attention to trade, markets were caught between Trump’s more optimistic pronouncements and his more threatening statements. He accused China and India of taking advantage of the US, while promising the audience that a trade deal with China is well within the US’s grasp.

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Jim/Bill,

I say it every Saturday; nothing changes no matter what party is in office.

Dave

MSM Adamantly Avoids the Word ‘Coup’ in Bolivia Coverage
November 12, 2019

There has been a military coup in Bolivia backed by violent right-wing  rioters and the U.S. government, but you’d hardly know this from any of the mainstream media headlines.

“Bolivian President Evo Morales steps down following accusations of election fraud” proclaims CNN.

“Bolivia’s Morales resigns amid scathing election report, rising protests” reports The Washington Post.

“Bolivian Leader Evo Morales Steps Down” says The New York Times.

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Jim/Bill,

The MSM, fake news, will not tell the people the truth. Here is what Mr. Roberts thinks.

Dave

Trump Has Presided Over A Major Crime Against Humanity
November 12, 2019

Information Clearing House” –  Not long ago I read that a US Assistant Secretary of State, or perhaps it was a member of the National Security Council, said that now that Washington had reestablished control over Ecuador, it would not be long before the governments of Bolivia, Venezuela, and Cuba would be overthrown.

Venezuela is proving to be hard for Washington to crack. Washington was banking on its NGO forces paid to stage protests, together with monetary bribes to the Venezuelan military, to chase Maduro out of office. But so far the Venezuelan military has refused to desert their country for Washington. Washington can, of course, raise the offer to the generals. Perhaps the generals are awaiting larger bribes.

However, the Bolivian military took the money and on the basis of protests organized by US-financed NGOs and the National Endowment for Overthrowing Democracy forced Evo Morales out of office. This is a huge loss for Bolivia.

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