Posts Categorized: In The News

Posted by & filed under In The News.

College Senior Stands by Decision to Pose with Gun in Her Waistband
April 10, 2018

University of Tennessee, Chattanooga, senior Brenna Spencer is standing by her decision to pose with a gun in her waistband for a graduation photograph.

She indicates the laws of Tennessee allow her to carry and she might as well be photographed while doing so.

ABC News reports Spencer posed for the photograph in a “Women for Trump” shirt. She lifted the shirt above her waist to reveal a pistol tucked between her jeans and her stomach.

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Bill Holter’s Commentary

So let’s get this straight; NBC reports our drones are being “jammed” in Syria…but when we question whether or not this happened to our rammed naval vessels we are conspiratorial idiots? Do you ever wonder what else might not be “conspiracy theory” and instead actual fact…?

Russia Has Figured Out How To Jam U.S. Drones In Syria, Officials Say
April 10, 2018

WASHINGTON — The Russian military has been jamming some U.S. military drones operating in the skies over Syria, seriously affecting American military operations, according to four U.S. officials.

The Russians began jamming some smaller U.S. drones several weeks ago, the officials said, after a series of suspected chemical weapons attacks on civilians in rebel-held eastern Ghouta. The Russian military was concerned the U.S. military would retaliate for the attacks and began jamming the GPS systems of drones operating in the area, the officials explained.

Sen. Ben Sasse, R-Neb., reacted to the news of Russian scrambling Tuesday by saying “Russia wants to undermine our interests at every turn.”

“It is insane to think that Russia is anything but an adversary,” said Sasse.

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Bill Holter’s Commentary

SURPRISE!

Zuckerberg Discloses Facebook Working With Russia Probe
April 10, 2018

WASHINGTON (AP) — Facebook CEO Mark Zuckerberg disclosed Tuesday his company is “working with” special counsel Robert Mueller in the federal probe of Russian interference in the 2016 presidential campaign — and working hard to change its own operations after the harvesting of users’ private information by a Trump campaign-affiliated data-mining company.

The founder of the social media giant publicly apologized for his company’s errors in failing to better protect the personal information of its millions of users, a controversy that has brought a flood of bad publicity and sent the company’s stock value plunging. He seemed to achieve a measure of success: Facebook shares surged 4.5 percent for the day, the biggest gain in two years.

Zuckerberg told the Senate Judiciary and Commerce committees that he has not been personally interviewed by Mueller’s team, but “I know we’re working with them.” He offered no details, citing a concern about confidentiality rules of the investigation.

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Jim Sinclair’s Commentary

The latest from John Williams’ www.shadowstats.com

– No Such Thing as Free Trade
– Worst-Ever Quarterly Real Merchandise Trade Deficit Remained on Track, Fueling Trade “Negotiations” and Dollar, Stock-Market and Economic Concerns
– Increase in Nominal Balance-of-Payments Deficit in Goods and Services Reflected Services Import of Intellectual Property for Broadcasting the Winter Olympics
– March 2018 Household-Survey Count of Employed Declined by 37,000 (-37,000), While Full-Time Employed Dropped by 311,000 (-311,000)
– March Payroll-Jobs Count Rose by 103,000 (by 53,000 Net of Revisions) but the Gain Was Not Statistically Different from Zero at the 95% Confidence Level; Bloated January and February Payroll Levels Revised Lower
– March 2018 Unemployment Rates Declined Month-to-Month: U.3 Eased to 4.07% versus 4.14%, U.6 Declined to 8.00% from 8.24%, and the ShadowStats-Alternate Declined to 21.7% from 21.8%
– Private Surveying of March Labor Conditions Showed Weakening Annual Growth and No Economic Expansion
– Mixed but Faltering Annual Real Growth in Construction Spending Continued in a Pattern Last Seen Leading into the 2007 Recession
– Annual Growth in March Money Supply Measures Slowed Sharply; Monetary Base Declined Year-to-Year; Weakened Real Liquidity Growth Threatens Economic Activity

“No. 944: March Labor Conditions, Private Surveying, Trade Deficit, Construction Spending”

http://www.shadowstats.com

Bill Holter’s Commentary

Please see today’s subscription article if you want to know what the real “nuclear option” is…

“We Understand The Chinese Government Has Halted Purchases Of US Treasuries”: SGH
April 9, 2018

On Friday, we reported that among the five “nuclear” options available to Beijing to retaliate against Trump’s latest $100BN in proposed import tariffs, was the choice whether to sell US Treasuries. But what if Beijing did not want to unleash a full-blown market nuke, and instead was hoping for a targeted, EMP hit?

Then it would simply stop buying US paper, instead of dumping it outright; in the process it wouldn’t hurt the US too much – avoiding a furious tit-for-tat response – but would still send a clear signal to the White House, whose fiscal spending plan will more than double net Treasury issuance this year from under $500BN to over $1 trillion, and which needs every possible marginal buyer of US paper, both domestic and foreign.

Which is precisely what a new report by SGH Macro Advisors claims.

According to the consultancy, a long-time favorite of macro hedge funds, Beijing has twice threatened deliberately targeted tit-for-tat punitive measures against the US to date: “first, in response to the Trump Administration’s threat of steel and aluminum tariffs, and second, in response to broader measures aimed at $50 billion of products that lie directly at the heart of Chinese technology transfers, intellectual property violations, and strategic, “Made in China 2025” plan.”

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Bill Holter’s Commentary

…fact check this, “the guy is an ignoramus”!

It Begins: California Senator Introduces Bill to Kill Free Speech, Requires State-Sanctioned Fact Checkers to Approve Online Content
April 9, 2018

Richard Pan is a far left California state senator.

Pan recently introduced legislation to crack down on free speech on the internet.

Pan’s legislation would force online publishers to utilize state-sanctioned fact checkers to approve content before it is posted online.

Jon Rappaport reported:

The bill is titled “SB1424 Internet: social media: false information: strategic plan.”

It targets social media based in California. But as you read the bill, you see it appears to define social media as any Internet blog, website, or communication.

SB1424 is brief. Read it:

This bill would require any person who operates a social media, as defined, Internet Web site with a physical presence in California to develop a strategic plan to verify news stories shared on its Web site. The bill would require the plan to include, among other things, a plan to mitigate the spread of false information through news stories, the utilization of fact-checkers to verify news stories, providing outreach to social media users, and placing a warning on a news story containing false information.

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Jim Sinclair’s Commentary

This is a hint of a change. What happened to “pay to play?”

Feds Want 7-Year Prison Term For Ex-HSBC Forex Banker
April 6, 2018

Law360 (April 6, 2018, 5:41 PM EDT) — Prosecutors on Thursday asked a New York federal judge to sentence former HSBC foreign currency exchange executive Mark Johnson to seven years in prison, saying he was the ringleader of a con that defrauded Cairn Energy PLC by front-running a $3.5 billion currency swap in order to make millions of dollars for the bank at the expense of the Scottish oil and gas developer.

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Bill Holter’s Commentary

…All is well!

The World’s Hottest Shopping City Is Becoming A Ghost Town
April 7, 2018

If you want to see the future of storefront retailing, walk nine blocks along Broadway from 57th to 48th Street and count the stores.

The total number comes to precisely one — a tiny shop to buy drones.

That’s right: On a nine-block stretch of what’s arguably the world’s most famous avenue, steps south of the bustling Time Warner Center and the planned new Nordstrom department store, lies a shopping wasteland.

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Bill Holter’s Commentary

Just an odd thought …can one investigate himself or is there maybe a sealed indictment with his name on it?  Nothing at all should shock you from here on out!

New Photos Reveal Robert Mueller And Paul Manafort Both Worked With Former Ukraine President In 2013
April 8, 2018

Special Counsel Robert Mueller charged Paul Manafort, President Trump’s former Campaign Manager, for working with former Ukrainian Presidnet Viktor Yanukovych in 2013.

Mueller failed to mention that he also worked with Yanukovych in 2013…six months before John Brennan, John McCain, Victoria Nuland, and their EU partners, lead a bloody neo-nazi coup to overthrow the Yanukovych government.

Last week a memo was released showing Assistant Attorney General Rod Rosenstein directing the Mueller investigation to look into allegations that Paul Manafort…

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Bill Holter’s Commentary

Luke Gromen brings us back to 1915 and warns “human nature never changes”.

Posted by & filed under In The News.

Bill Holter’s Commentary

The last two times this divergence widened to extremes, bear markets soon followed. Will this time be any different?

I would only add this; the divergence is also greater than anything we have seen since 1960.  Will this speak to severity of the coming recession?

The Eroding Purchasing Power Of The Dollar And Its Implications For Consumption.
April 4, 2018

In the last two instances during which this divergence widened to extremes — shortly before 2000 and 2007 — bear markets soon followed. Will this time be any different?Macromavens founder, Stephanie Pomboy, issued the following warning in a Barron’s interview published on March 22nd.

We quote: “We just celebrated the ninth year of the bull market. In that stretch, total market cap increased about $25 trillion. That’s five times the growth we saw in gross domestic product over the same stretch, and 25 times the increase in profits…The real issue is what happens in 2019 when the one-time lift [from the tax cut] fades. At 70% of the economy, a drop in consumer spending will impact profits. The tariffs also may cause a margin squeeze because of rising [steel] costs. The producer price index — or input prices — is rising nearly a full percentage point faster than the consumer price index.”

Ratio of household net worth-to-disposable income (blue, lhs) vs. rate of personal saving as a percent of disposable income (red, rhs).

 

 

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Jim Sinclair’s Commentary

The beginning of the internal resistance as Honduras heads for a border war challenge.

As Waves Of Homeless Descend Onto Trains, L.A. Tries A New Strategy: Social Workers On The Subway
April 6, 2018

The early morning commuters stepping off the Metro escalator paid little attention to the 10 people huddled under blankets and curled up in corners at the Hollywood and Vine station.

John Gant, 60, lay sprawled on the tile floor, his hoodie drawn over his face. When three social workers stopped to ask if he wanted help, he nodded.

Over hot coffee and pages of paperwork, Gant, who had been homeless for years, called his mother to share the news. He cracked a rare smile, saying: “They’re trying to find me a place to sleep.”

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U.S. Job Growth Eased in March; Unemployment Steady at 4.1%
April 6, 2018

Available via The New York Times

Bill Holter’s Commentary

As David has been adamantly asking…where’s the proof?!

The British Empire Is Un-Masked, But Desperate
April 5, 2018

The British Imperial Lords are in a state of shock. Their frantic effort to save the Empire came crashing down Tuesday when the scientists at Porton Down refused to lie for the Empire — refused to say that the nerve agent in the Skripal case came from Russia. Recall that it was David Kelly, the head of the Defence Microbiology Division at Porton Down and a member of the inspection team in Iraq, who blew the whistle on Tony Blair’s “sexed up” dossier claiming that Saddam Hussein had weapons of mass destruction. As a scientist he refused to lie. Kelly was “suicided” as a result, and the illegal and genocidal war went on.

This time, neither George W. Bush nor Barack Obama are around to provide cover for the Empire’s lies. President Trump, to the dismay of the British and American oligarchs and press whores, has refused to say (or tweet) a word about the Russian role in the Skripal case. He spoke to Putin afrter the incident without mentioning it, and, just yesterday, told the press yet again that “getting along with Russia is a good thing, not a bad thing.”

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Jim Sinclair’s Commentary

Breaking news: Trump works out a trade deal with Kim Jong-Un

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loopholes in Child Trafficking Laws Put Victims—and American Citizens—At Risk
April 5, 2018

When President Donald J. Trump delivered his first State of the Union Address in January, he introduced Americans to a number of important guests. Most of these guests were not public officials or dignitaries. Many were ordinary Americans, some of whom had heart-wrenching stories to tell because our country had not kept their children safe.

Four of these guests—Evelyn Rodriguez, Freddy Cuevas, Elizabeth Alvarado, and Robert Mickens—were the parents of two teenage girls from Long Island. One evening in September 2016, neither child came home. The two friends, Kayla Cuevas and Nisa Mickens, had been assaulted and killed while walking together on the streets of their hometown.

“Six members of the savage gang MS-13 have been charged with Kayla and Nisa’s murders,” President Trump said. “Many of these gang members took advantage of glaring loopholes in our laws to enter the country as unaccompanied alien minors—and wound up in Kayla and Nisa’s high school.”

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With Extreme Risk, Prepare For A Broken World
April 5, 2018

Between today and 2025, the world will be a very different place. We can learn nothing about the next 4 to 7 years from government, central bank or media propaganda as they neither understand what will happen nor tell the truth. But we can learn a lot from history. Most people rely on the internet for information or news but most of it is either indigestible, misleading, fake or just too overwhelming to comprehend.

For many years I have warned people about the coming risks and changes that the world will experience. Very few people are aware of these risks and even fewer understand them. In this piece, I will make an attempt to summarise what I see coming.

  1. DEBTS AND DERIVATIVES

Total debts and derivatives in the world amount to $2.5 to $3.5 Quadrillion. This is 35-50x global GDP. The majority of this enormous amount is off-balance sheet derivatives. These derivatives are backed by nothing and when counterparty fails, they will implode and become worthless. And that is guaranteed to happen. Also, most of global debt of $250 trillion will default as asset prices implode and interest rates explode.

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Jim Sinclair’s Commentary

Whomever runs the low level government bureaucrats, runs the country.

McCabe, Fbi Knew About More Clinton Emails Well Before Comey’s Announcement In 2016, Report Says
February 1, 2018

Outgoing FBI Deputy Director Andrew McCabe and other top FBI officials knew about thousands of more emails for the investigation into Hillary Clinton’s private server weeks before notifying Congress ahead of the 2016 presidential election, according to a report Wednesday. 

A report by The Wall Street Journal cited text messages exchanged by FBI agent Peter Strzok, who headed up the Clinton email probe, and FBI lawyer Lisa Page. Strzok said he met with McCabe to discuss emails discovered on a laptop belonging to Anthony Weiner, the husband of Clinton aide Huma Abedin who was being investigated for sexting with a teenager.

“Got called up to Andy’s earlier,” Strzok wrote in a September 28, 2016 text to Page, referring to McCabe.

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Jim Sinclair’s Commentary

Here comes an invasion by any standard? We should send the snowflakes in the other direction.

White House Asks Governors To Send National Guard Units To Border
April 4, 2018

The Trump administration is asking border-state governors to send National Guard units to the Southwestern border, Homeland Security Secretary Kirstjen Nielsen said Wednesday.

“The president is frustrated” over continued illegal immigration, Nielsen said. “He has been very clear that he wants to secure our border.”

National Guard personnel would not be allowed to arrest people crossing the border, but could provide support to the Border Patrol, much as happened in 2006 under the Bush administration, and in 2010 under the Obama administration, Nielsen said.

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Bill Holter’s Commentary

I’m not sure but I don’t think I have heard about this story on CNBC news? Is it not newsworthy of the highest order?

Exclusive: China Taking First Steps To Pay For Oil In Yuan This Year – Sources
March 29, 2018

HONG KONG/BEIJING (Reuters) – China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters, a key development in Beijing’s efforts to establish its currency internationally.

Shifting just part of global oil trade into the yuan is potentially huge. Oil is the world’s most traded commodity, with an annual trade value of around $14 trillion, roughly equivalent to China’s gross domestic product last year.

A pilot program for yuan payment could be launched as early as the second half of this year, two of the people said.

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Jim Sinclair’s Commentary

Is this for real – or more for our political entertainment?

PDF via Judiciary House

Jim Sinclair’s Commentary

Here come the invaders.

‘You Hate America’: Tucker Battles Illegal Immigration Advocate Over Honduran ‘Caravan’ to US
April 2, 2018

Tucker Carlson debated an illegal immigration advocate over whether Mexico should stop the caravan of Honduran nationals bound for the United States.

Carlson told Enrique Morones of Border Angels that “we would no longer be a country” if we allowed every underprivileged person in the world to come here without question.

“You’re for more immigration,” he said, noting the Hondurans are “walking across Mexico and just showing up expecting to be let in.”

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Jim Sinclair’s Commentary

Sounds quite sporting.

‘Catch And Release,’ Explained
April 2, 2018

“A huge caravan of Central Americans is headed for the U.S., and no one in Mexico dares to stop them,” BuzzFeed News reported on Friday. A number of the caravan’s participants have said they intend to cross the U.S. border illegally once they get here, hoping to slip by American authorities undetected.

An immigration system that gives everyone a fair chance—including both newcomers and longstanding American citizens—requires respect for our Nation’s laws. Yet catch-and-release loopholes, which are the result of statutory and judicial obstacles, encourage illegal immigration and prevent the removal of these individuals once they arrive. That lawlessness helps no one.

President Donald J. Trump has called upon Congress to enact comprehensive reform that addresses this breakdown in the system. In the absence of lasting solutions, we can only expect the flow of illegal immigration into our country to continue in the years ahead.

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Jim Sinclair’s Commentary

Let’s rewrite history and just tear all of our monuments down.

Mistreatment of Natives? Tucker Debates President William McKinley Statue Removal
April 2, 2018

A northern California community’s city council recently approved plans to remove a bronze statue of Republican President William McKinley that stands in the town.

Arcata, a coastal town in Humboldt County, approved a resolution to topple the likeness of the 25th president over his decision to annex Native American lands undemocratically.

Tucker Carlson discussed the decision with Green Party Councilman Paul Pitino, who supported the resolution.

McKinley, for whom the highest peak in the United States was named until the Obama administration reverted back to the original Denali, was also an Ohio governor.

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Jim Sinclair’s Commentary

US Attorney General probing alleged FBI FISA abuses. You think?

US Attorney General Probing Alleged FBI FISA Abuses
April 3, 2018