The REAL Russia Scandal

MELISSA BARREIRO/TRUMPET

 

Is Vladimir Putin trying to strengthen the Trump presidency—or weaken it?

Claims that United States President Donald Trump secretly cooperated with Russia to steal the 2016 United States presidential election have been making headlines for over a year. New allegations seem to come out every week, but none of them are backed up by proof against the president.

WikiLeaks published 19,252 e-mails hacked from the accounts of seven key Democratic National Committee staff members on July 22, 2016. These staff members are chairwoman Debbie Wasserman Schultz, chief executive officer Amy Dacey, chief financial officer Brad Marshall, communications director Luis Miranda, press secretary Mark Paustenbach, broadcast media director Pablo Manriquez and finance director Jordan Kaplan.

The e-mails revealed that under Schultz’s leadership, key officials within the Democratic Party worked to sabotage the presidential campaign of Sen. Bernie Sanders so Hillary Clinton would win the party nomination. Many Sanders supporters were outraged. Schultz apologized and resigned in disgrace. Continue reading

China To Use Pension Funds As $300 Billion “Plunge Protection Team”

One of the more troubling stories to hit the tape last week was that despite, or rather due to, roughly $100 billion in losses in the past 5 quarters, Japan’s gargantuan $1.4 trillion state pension fund, the GPIF, which has desperately been selling Japan’s best performing asset – Japanese Government Bonds – in order to buy local stocks and the Nikkei at its decade highs only to see its equity investment plunge, is now forced to buy even more stocks, i.e. double down, as part of a ridiculous rebalancing which will lead to even more losses.

Japan is not alone.

After China did everything to prop up its own stock market, including arresting hedge funders, sellers, “rumormongers”, halting short selling, eliminating futures trading, and ultimately culminating with the “Buttonwood SPV” in which the PBOC finally threw in the towel and admitted it was directly buying stocks,  we now learn that Chinese pensioners are about to become unwitting stock funds. Continue reading

Pope Francis leading the new American (Socialist) Revolution

What has taken its place of Adam Smith’s Capitalism is crony Capitalism, as said by JR Nyquist. Capitalist Communists have taken over the economy and killed Capitalism a while ago.

 

Yes, Pope Francis is encouraging civil disobedience, leading a rebellion. Listen closely, Francis knows he’s inciting political rebellion, an uprising of the masses against the world’s superrich capitalists. And yet, right-wing conservatives remain in denial, tuning out the pope’s message, hoping he’ll just go away like the “Occupy Wall Street” movement did.

Pope Francis is not just leading a “Second American Revolution,” he is rallying people across the Earth, middle class as well as poor, inciting billions to rise up in a global economic revolution, one that could suddenly sweep the planet, like the 1789 French storming the Bastille. Continue reading

There Will Be No 25-Year Depression

What we have here is not a failure of Capitalism, but a failure of experimenting with Socialism that is now resulting in the breakdown of society.

As geopolitical analyst and expert, JR Nyquist, once put it, America has fallen victim to Crony Capitalism, which is different than Capitalism itself.

 

https://i2.wp.com/www.acting-man.com/blog/media/2015/05/Crony-Capitalism-Pyramid.jpg

How it all works in crony heaven – until it doesn’t anymore – via bastiatinstitute.org

 

 

Good and Bad News

Today, we have bad news and good news. The good news is that there will be no 25-year recession. Nor will there be a depression that will last the rest of our lifetimes.

The bad news: It will be much worse than that. On Monday, the Dow rose another 43 points. Gold seems to be working its way back to the $1,200 level, where it feels most comfortable.

Old People Are Dead Wood

First, people are getting older. Especially in Europe and Japan, but also in China, Russia and the US. As we’ve described many times, as people get older, they change. They stop producing and begin consuming. Continue reading