Part 2, Politics and the Rule of Law December 28, 2017
In this section we will look at “politics and the rule of law” (or the lack of). If you remember, WikiLeaks dumped all sorts of information from the second half of 2016 on. Much of the information was gleaned from John Podesta’s personal e-mail account …and none of it has ever been claimed to be fake e-mails so we can assume they are true. In fact, the reaction to the information (e-mail) dump was to point fingers at “who stole” them and the “illegality” of obtaining them. Never mind “what” the e-mails exposed!
2017 turned out to be the “aftermath” of the many initial shocks from 2016. We have been revealed in 2017 many instances where what first appeared in 2016, was far more severe, rampant, and went way further down the rabbit hole (and up the chain of command) than we could have ever imagined. 2017 served us platter after platter of dirt, each one piled higher and the stench worsened markedly as the year progressed. For instance;
This one has to sting any supporter of Bernie Sanders. Come to think of it, it has to really sting ANY “American”!
Donna Brazile: I found ‘proof’ the DNC rigged the …
She must know of others because “one” does not create a pattern …what would make her so fearful?
Part 3 Sleaze, Various Other Truth Bombs December 29, 2017
We scratched the surface on Government, finance, politics and the rule of law so far. Today, let’s take a look at sleaze and fraud. The sleaze part is not just “sensational”. It is important because in many cases it crosses any decent person’s red line and should piss anyone off who reads it or discovers it.
The first part is certainly not all inclusive but is wide ranging. That said, 2018 looks to be shaping up as barn burner for the arrests of child molesters and human traffickers. Not only are there over 10,000 sealed indictments, President Trump shocked the world by signing this executive order. https://www.whitehouse.gov/presidential-actions/executive-order-blocking-property-persons-involved-serious-human-rights-abuse-corruption/ I do have concern over this as I believe it steps over the line of considering someone guilty before being proven innocent. Seizing assets prevents one from defending themselves, but if this is necessary to stop what is going on in the world of pedophilia, so be it.
Can you say “petro-yuan”? Governor Zhou Xiaochuan met with Minister of Finance of Saudi Arabia
Governor Zhou Xiaochuan met with Minister of Finance of Saudi Arabia December 27, 2017
On December 27, 2017, Governor Zhou Xiaochuan met with Mohammed Al-Jadaan, Minister of Finance of Saudi Arabia. They exchanged views on strengthening financial cooperation between China and Saudi Arabia.
The man issued this for a reason and you can bet it is “ai
med at someone”. We shall soon see the who and what!
Executive Order Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption December 21, 2017
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.) (NEA), the Global Magnitsky Human Rights Accountability Act (Public Law 114-328) (the “Act”), section 212(f) of the Immigration and Nationality Act of 1952 (8 U.S.C. 1182(f)) (INA), and section 301 of title 3, United States Code,
I, DONALD J. TRUMP, President of the United States of America, find that the prevalence and severity of human rights abuse and corruption that have their source, in whole or in substantial part, outside the United States, such as those committed or directed by persons listed in the Annex to this order, have reached such scope and gravity that they threaten the stability of international political and economic systems. Human rights abuse and corruption undermine the values that form an essential foundation of stable, secure, and functioning societies; have devastating impacts on individuals; weaken democratic institutions; degrade the rule of law; perpetuate violent conflicts; facilitate the activities of dangerous persons; and undermine economic markets. The United States seeks to impose tangible and significant consequences on those who commit serious human rights abuse or engage in corruption, as well as to protect the financial system of the United States from abuse by these same persons.
I therefore determine that serious human rights abuse and corruption around the world constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States, and I hereby declare a national emergency to deal with that threat.
I hereby determine and order:
Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:
Opinion: Bitcoin, Because Of Massive Borrowing, Could Crash The Financial Markets December 23, 2017
Bitcoin mania is starting to look like a religion.
I say that because both bitcoin BTCUSD, -9.08% and religion involve faith in the unknowable. Some bitcoin investors believe the cryptocurrency, along with the underlying blockchain technology, will be a vital part of a new, decentralized, post-government society.
I can’t prove that won’t happen — nor can bitcoin evangelists prove it will. Like life after death, they can only say it’s out there beyond the horizon.
The very same capital that backs up stock index, Treasury bond and foreign currency futures also stands behind bitcoin futures.
If you believe in bitcoin paradise, fine. It’s your business … until your faith puts everyone else at risk. As of this month, bitcoin is doing it.
Lenders and leverage
Is bitcoin in a price bubble? I think so.
Asset bubbles usually only hurt the buyers who overpay, but that changes when you add leverage to the equation.
President Trump, Here’s Why The Postal Service Is Charging Amazon ‘So Little’ December 29, 2017
In a Twitter blast this morning, President Trump said, “Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer? Should be charging MUCH MORE!”
There may well be a political angle to this. Amazon is owned by Jeff Bezos, who also owns the Washington Post. Trump has been highly critical of the media, and singled out the Post for its coverage of his presidency. Almost immediately following the tweet, Amazon’s stock price began to drop.
But for a logistics guy, this is also a teaching moment. First of all, Amazon uses all the major parcel carriers as well as a network of regional carriers. But what Trump appears to be referencing is the increased use of the U.S. Postal Service for zone skipping, also known as direct injection.
In zone skipping, a shipper consolidates many individual packages into a much larger shipment, often full truckload shipments. These packages are then sent en masse from one zone to another. For example, Atlanta is in Zone 2 and Los Angeles is in Zone 8. Shipping directly from Zone 2 to a Zone 8 parcel carrier’s sorting facility can lead to substantial savings for a shipper. But the ability to consolidate for zone skipping depends on whether a shipper has both enough time and enough volume, something most companies lack. Amazon certainly has the volume.
But in an ecommerce world, the lack of time is particularly worth noting. When retailers offer many of the same items at similar prices, the speed of delivery can be the deciding factor. The need for speed is leading to shorter and shorter delivery promises. Amazon Prime members get their packages in two days “free.” If customers want to pay more they can get them even quicker.
Amazon can hit aggressive service expectations because it has its own air cargo network. The company flies goods in bulk on leased Boeing 767s to an air hub in Wilmington, and then deconsolidates the incoming load and reconsolidates a load with packages headed for a particular zone. It can then deliver in bulk, in truckload sized trailers – Amazon has purchased thousands of 53 foot trailers to a USPS sorting facility in that zone.
I’d like to have discourse with you for the coming
Year of reformation.
Rgds & Merry Christmas/HNY,too.
1/ Manipulated markets.
2/False economic numbers.
3/ Lies about everything.
4/ Corruption greater than a banana republics.
5/ Bullet proof prior politicians colluding to neutralize all of the presidents actions.
6/ The continuing swamp.
The DOJ and FBI as arms of politicians.
8.The swamp everywhere.
All news swamp controlled.
My readers know it all. Why repeat it ad nausea? I have chosen just to post present time real news knowing all is lost, knowing there is no cure to this cancer of society.
Courtesy of JB
Liquidity is good. It is also bad.
Just a water (liquidity) rehydrates the body, an excess of it drowns you!
That is what’s happening, not only on our markets, but globally.
We are drowning in debt (liquidity).
There is so much money floating all around us that there is a developing lack of supply of investments to go around. We see the crypto markets evolving to absorb the liquidity, we see the “Kitty cryptos” as well. Can you say Tulip Mania?
It’s all about cash seeking returns in markets that have overpriced themselves.
“…..an eye-wide-shut orgy of recklessness that truly has no parallel, not even the mania of 1927-1929.”
And the cherry on top of this “sundae” is …… the impending removal of the U.S. Dollar as the world’s reserve currency, thanks to China and Russia’s prescient recognition of the underlying cancer surrounding the West’s fiscal irresponsibility and game playing.
Al Jolson had it right…….
The Greatest Bubble Ever: Why You Better Believe It – Part 1 December 29, 2017
Authored by David Stockman via Contra Corner blog,
During the 40 months after Alan Greenspan’s infamous “irrational exuberance” speech in December 1996, the NASDAQ 100 index rose from 830 to 4585 or by 450%. But the perma-bulls said not to worry: This time is different—-it’s a new age of technology miracles that will change the laws of finance forever.
It wasn’t. The market cracked in April 2000 and did not stop plunging until the NASDAQ 100 index hit 815 in early October 2002. During those heart-stopping 30 months of free-fall, all the gains of the tech boom were wiped out in an 84% collapse of the index. Overall, the market value of household equities sank from $10.0 trillion to $4.8 trillion—-a wipeout from which millions of baby boom households have never recovered.
Likewise, the second Greenspan housing and credit boom generated a similar round trip of bubble inflation and collapse. During the 57 months after the October 2002 bottom, the Russell 2000 (RUT) climbed the proverbial wall-of-worry—-rising from 340 to 850 or by 2.5X.
And this time was also held to be different because, purportedly, the art of central banking had been perfected in what Bernanke was pleased to call the “Great Moderation”. Taking the cue, Wall Street dubbed it the Goldilocks Economy—-meaning a macroeconomic environment so stable, productive and balanced that it would never again be vulnerable to a recessionary contraction and the resulting plunge in corporate profits and stock prices.
During the 20 months from the July 2007 peak to the March 2009 bottom, the RUT gave it all back. And we mean every bit of it—-as the index bottomed 60% lower at 340. This time the value of household equities plunged by $6 trillion, and still millions more baby-boomers were carried out of the casino on their shields never to return.
Spot on, but first flash crashes that in time do not make full recovery. Then the Hon. Ron Paul is correct. Equities will stumble many time before the end of equity days. Courtesy of JB.
Ron Paul Warns America’s “On The Verge Of Something Like 1989’s Soviet System Collapse” December 29, 2017
on Paul does not believe the U.S. will break into separate countries, like the Soviet Union did, but expects changes in the U.S. monetary policy, as well as the crumbling of the country’s “overseas empire.”
The godfather of the Tea Party movement and perhaps the most prominent right-leaning libertarian in America, Ron Paul, believes the economic boom the United States experienced under President Trump could be a “bit of an illusion.”
Mr. Paul sees inequality, inflation, and debt as real threats that could potentially cause a turmoil.
“the country’s feeling a lot better, but it’s all on borrowed money” and that “the whole system’s an illusion” built on corporate, personal, and governmental debt.
“It’s a bubble economy in many many different ways and it’s going to come unglued,”
In a recent interview with the Washington Examiner, Paul said,
“We’re on the verge of something like what happened in ’89 when the Soviet system just collapsed. I’m just hoping our system comes apart as gracefully as the Soviet system.
We have ownership of these countries, but it’s not quite like the Soviets did. I think our stature in the world and our empire will end, and that’s when, hopefully, the doors will be open.”
The crumbling of America’s “overseas empire,” as Mr. Paul calls it, could be a chance for the libertarian movement to captivate the country’s imagination by 2020.
Here we are at the end of 2017 with more “truth bombs” released than I could have imagined! In fact, I believe we probably received more “truth” in just one year than collectively in all of human history. This is a sad statement because it also means we have lived behind more lies than at any time prior. Also surprising is none individually have cracked the dam called “confidence”. But do not be fooled as it looks as if the entire dam is moving, particularly in the last few weeks!
As we have stressed all year long and prior, our entire lifestyle relies on credit …and credit relies on confidence. The “truth bomb” thesis from the very beginning came from our belief that confidence will break once enough lies are fully and obviously exposed showing our entire lives (standard of living) as a fallacy. The global standard of living has evolved hand in hand with the credit bubble, it will also deflate hand in hand as the bubble pops. “Truth” will be the catalyst!
The topic is so broad it had to be broken down into 3 (possibly 4?)parts. Our goal is to build categories from individual stories shedding light for you the reader to connect dots. During the year, we heard from readers asking “why” we discuss, politics, the rule of law, geopolitics/international tensions rather than sticking to economics, finance, and ultimately silver/gold? The answer is simple, as the various lies are exposed and the dominoes begin to fall, each truth will create a drop in confidence and push more and more capital out of the rigged casinos toward “safety”. It is human nature to pull in your horns and go back to basics when trust becomes and issue. Another way to say this is for “scared” money, all roads will lead toward gold and silver because they ARE “trust” on their own. The road to silver and gold are paved with many broken promises …which truth bombs are in the process of fully exposing!