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Archive for the ‘Uncategorized’ Category

The Clinton Global Initiative is shutting down

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By William Craddick

This article was originally posted at www.disobedientmedia.com

A document from the New York State Department of Labor reveals that the Clinton Global Initiative is being discontinued.

Filed on January 12, 2017, the document shows the layoff of a specialist employed by the Clinton Global Initiative as part of a “plant closure” and that the reason for their discontinuation was the “Discontinuation of the Clinton Global Initiative.”

The news of the closure of the Clinton Global Initiative comes after reports emerged in the Fall of 2016 that they were laying off dozens of workers at their New York offices.

The Clinton Global Initiative was founded in 2005 by Bill Clinton and associate Doug Band. Band and Clinton were dogged by accusations of corruption, which intensified after 2016 document releases by Wikileaks revealed that Band was soliciting large numbers of donations for Clinton through his public relations firm, Teneo.

…read more

Source: The Clinton Global Initiative is shutting down

    

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Trump Has 6 Goldman Appointees- Swamp Drains You

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By Vince Lanci

Dear Trump Voters: Goldman Wins Again.

To the Trump voters scratching their heads at the PEOTUS’ recent appointments. This is the nexus of finance influencing politics in real time. Here is your chance to save yourselves years of denial, cognitive dissonance, regret, and therapy when you are forced to confront the reality that you were lied to.

Why Trump Voters are Stupid

Via Soren K and Marketslant Once we cast our votes our egos have a stake in the outcome. Many become enamored with their “identity” decision. Like Obama voters before, some people actually believe things will be different this time under Trump. This bias only lets in facts corroborating their opinion. We see only what fits the identity narrative adopted. In an emergency, there are plenty of “safe spaces” we can find online to perpetuate the illusion.

And come on, Trump is the car salesman dripping in gold that attracts a certain type of car buyer, the status seeker. Maybe if I buy from him, I’ll be like him. Hillary is worse. At least Trump is transparent about his narcissism.

Here’s the thing, people are slowly catching on to the lies that systems perpetuate on people by co-opting leaders. The people know now that Wall Street is about money first, and service second. People are beginning to sense that Obama was not an instrument of change. The Hillary and DNC emails should have stripped voters’ political delusions. Sadly that didn’t happen. The power of denial is strong

Liberals are now the new bitter-clingers. They hug their idealistic but inflexible beliefs in globalism and a premature Kumbaya world. This is exactly how Obama described the right. He called them bitter-clingers to guns and G-d.

Meanwhile a whole generation of Republicans actually thinks Trump is the answer to their prayers of hope and change. Wake up. Trump is so happy he’s on the inside now. He’s the Howard Stern of finance/politics. Ranting to be let in. Then kissing the ring of the ones who made campaign contributions to Hillary.

Trump Now has 6 Goldman Appointees

  1. Bannon – Sr. Adviser
  2. Scaramucci – Adviser
  3. Mnuchin – Treasury
  4. Powell – Counselor
  5. Cohn – NEC
  6. Clayton – SEC

Goldman Sachs is a fraternal culture. You never really “leave” Goldman, just like there are no EX-Marines. So the question any reasonable person should be asking is “Why so many Goldman people?” The answer is we believe right now Trump and GS are building a symbiotic relationship. They are trading debt for influence via soft dollar transactions. But we have no factual evidence. We are not journalists with the resources to prove this. But there is plenty of history to tell. If there is a real journalist out there who isn’t worried about getting fired for taking the time to investigate a conflicted POTUS and an opportunistic bank with an amoral behavioral pattern now is the time to look. Not 4 years from now.

Trump Org has a Lot of Debt

As of Dec 12th here were 2 of Trump’s biggest corporate …read more

Source: Trump Has 6 Goldman Appointees- Swamp Drains You

    

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Driverless Shuttles Hit Las Vegas: No Steering Wheels, No Brake Pedals

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By Tyler Durden

navya-lv

Submitted by Mike Shedlock via MishTalk.com,

Electric, driverless shuttles with no steering wheel and no brake pedal are now operating in Las Vegas.

There’s a new thrill on the streets of downtown Las Vegas, where high- and low-rollers alike are climbing aboard what officials call the first driverless electric shuttle operating on a public U.S. street.

The oval-shaped shuttle began running Tuesday as part of a 10-day pilot program, carrying up to 12 passengers for free along a short stretch of the Fremont Street East entertainment district.

The vehicle has a human attendant and computer monitor, but no steering wheel and no brake pedals. Passengers push a button at a marked stop to board it.

The shuttle uses GPS, electronic curb sensors and other technology, and doesn’t require lane lines to make its way.

“The ride was smooth. It’s clean and quiet and seats comfortably,” said Mayor Carolyn Goodman, who was among the first public officials to hop a ride on the vehicle developed by the French company Navya and dubbed Arma.

“I see a huge future for it once they get the technology synchronized,” the mayor said Friday.

The top speed of the shuttle is 25 mph, but it’s running about 15 mph during the trial, Navya spokesman Martin Higgins said.

Higgins called it “100 percent autonomous on a programmed route.”

“If a person or a dog were to run in front of it, it would stop,” he said.

Higgins said it’s the company’s first test of the shuttle on a public street in the U.S. A similar shuttle began testing in December at a simulated city environment at a University of Michigan research center.

The vehicle being used in public was shown earlier at the giant CES gadget show just off the Las Vegas Strip.

Las Vegas city community development chief Jorge Cervantes said plans call for installing transmitters at the Fremont Street intersections to communicate red-light and green-light status to the shuttle.

He said the city hopes to deploy several autonomous shuttle vehicles — by Navya or another company — later this year for a downtown loop with stops at shopping spots, restaurants, performance venues, museums, a hospital and City Hall.

At a cost estimated at $10,000 a month, Cervantes said the vehicle could be cost-efficient compared with a single bus and driver costing perhaps $1 million a year.

The company said it has shuttles in use in France, Australia, Switzerland and other countries that have carried more than 100,000 passengers in more than a year of service.

Don’t Worry Tax Drivers

Don’t worry taxi drivers because some of my readers say …

  1. This will never work
  2. There is no demand
  3. Technology cost will be too high
  4. Insurance cost will be too high
  5. The unions will not allow it
  6. It will not be reliable
  7. Vehicles will be stolen
  8. It cannot handle snow, ice, or any adverse weather.
  9. It cannot handle dogs, kids, or 80-year old men on roller skates who will suddenly veer into traffic causing a clusterfack that will last days.
  10. This is just a test, and …read more

    Source: Driverless Shuttles Hit Las Vegas: No Steering Wheels, No Brake Pedals

        

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Mad As Hell

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By Tyler Durden

Submitted by Chris Martenson via PeakProsperity.com,

Fair warning, my family just received a 61.5% increase in our healthcare insurance premium of 2017, on top of last year’s 24.8% increase, so I am quite annoyed at the moment. For my non-US readers, perhaps what follows will interest you as a means of understanding how and why Donald Trump came to be elected President. I am going to be channeling some of my inner crank today.

If you want to understand why Trump won the recent US presidential election, you can't overlook the economic data. If you do, his victory may look mighty confusing, alarming even. But once you understand the degree to which the average US family and the entire Gen-X and Millennial generations are being completely hosed economically, everything starts to take shape.

As most struggling Americans can tell you, real household income has gone nowhere for more than 20 years:

This multi-decade burden of “running ever faster just to stay in the same place” is what led many US voters to reject Hillary Clinton, the establishment candidate, and instead roll the dice on the iconoclast promising to upend the system.

But if Trump's plan to “make America great again” means a return to the 1980s and 1990s when median real incomes climbed smartly, he’s not going to be able to pull that rabbit out of the hat, I’m afraid. None of the conditions in place then are with us today including cheap, abundant energy (remember, oil was $10 a barrel in 1998); not to mention that we were riding the tailwinds produced by all of the gains from the early, explosive stage of the technology and internet revolutions.

Instead, we're at a stage where the pie is no longer expanding — it's now a zero-sum game where those with power are using their advantage to continue to increase the size of their slice at the expense of the rest of us. The US now routinely subjects its citizens to racketeering, charging excessive prices that are increasingly cumbersome to avoid. One example among thousands; a Viagra pill that costs less than $1 in India, costs over $38 in the US:

(Source)

Cell phone plans in the US are 2x to 3x more expensive (and more limited in terms of both data and speed) than any of the other countries I’ve traveled to in the past few years. A phone bill from AT&T in Hong Kong is a single page long and clearly explains how your unlimited high speed plan ended up costing you around $30/mo. In contrast, my bill from the same company in the US runs about 30 pages, and seems intentionally opaque in helping me understand why I'm spending over $100/mo for a limited data plan with much slower speeds.

There's no good reason for this except that in the US, companies have learned they can get away with predatory tactics by “wearing down” customers with gigantic, indecipherable billing statements.

This is pure …read more

Source: Mad As Hell

    

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5 startups tackling urban America’s big issues

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for latest details. …read more

Source: 5 startups tackling urban America’s big issues

    

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US Deploys Third Carrier Group In Asia To Boost "Naval Air Forces" In Disputed South China Sea

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By Tyler Durden

For a brief but tense period, two weeks ago the US found itself without a single aircraft carrier in any area of the globe. The absence of a deployed U.S. Navy aircraft carrier, long seen as a symbol of American power projection, was noteworthy because according to Fox, “it is believed to be the first time since World War II that at least one U.S. aircraft carrier has not been deployed.”

However, things are gradually getting back to normal following the recent deployment of ships and units from the Carl Vinson Carrier Strike Group, which departed San Diego for a regularly scheduled deployment to the western Pacific last week.

Nimitz-class aircraft carrier USS Carl Vinson (CVN 70), Carrier Air Wing (CVW) 2, and embarked Destroyer Squadron (CDS) 1 deployed with Ticonderoga-class guided-missile cruiser USS Lake Champlain (CG 57) and Arleigh Burke-class guided-missile destroyers USS Michael Murphy (DDG 112) and USS Wayne E. Meyer (DDG 108).

The Vinson Strike Group is deployed to “support” the diplomatically tense situation in the Pacific Rim. According to Naval Technology, this new deployment is part of US Navy’s attempt to boost its naval air forces in disputed part of the Asian region.

“Our forward presence contributes to freedom of navigation and lawful use of the sea, as well as furthers operational training and enabling the exchange of culture, skills, and tactical knowledge,” said Commander, CSG 1, Rear Adm. James W. Kilby. Ported in Pearl Harbor, Michael Murphy will join the Carl Vinson CSG later this month as the strike group makes their way to the western Pacific according to the Navy’s website.

The Carl Vinson CSG deployed with approximately 7,500 Sailors and will focus on maritime security operations and theater security cooperation efforts. The strike group assets will conduct bilateral exercises in the Indo-Asia-Pacific region to include anti-submarine warfare, maneuvering drills, gunnery exercises, and visit, board, search, and seizure (VBSS) subject matter expert exchanges.

Carl Vinson also deployed with the embarked aviation squadrons of CVW-2 which include the “Black Knights” of Helicopter Sea Combat Squadron (HSC) 4, the “Blue Hawks” of Helicopter Maritime Strike Squadron (HSM) 78, the “Bounty Hunters” of Strike Fighter Squadron (VFA) 2, the “Blue Blasters” of VFA-34, the “Kestrels” of VFA-137, the “Golden Dragons” of VFA-192, the “Black Eagles” of Carrier Airborne Early Warning Squadron (VAW) 113, the “Gauntlets” of Electronic Attack Squadron (VAQ) 136, and the “Providers” of Fleet Logistic Support Squadron (VRC) 30.

* * *

In Asia, the Carl Vinson will join the Carrier Strike Groups of the aircraft carriers USS John C. Stennis (CVN-74) from the U.S. Navy Third Fleet (currently back at home base in Kitsap-Bremerton in Washington) and the USS Ronald Reagan (CVN-76) from the U.S. Navy Seventh Fleet (currently at home port in Yokosuka, Japan).

The South China Sea is also where China’s only aircraft carrier, in a recent show of force to Taiwan, conducted naval drills in late December and early January.

Mexico on tariffs: We’ll respond ‘immediately’

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Mexico’s economy minister sent Donald Trump a fighting message: We will retaliate right away if you hit us with a “major border tax.” …read more

Source: Mexico on tariffs: We’ll respond ‘immediately’

    

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Debunking Loretta Lynch’s One-Sided ‘Chicago Cops Are Racist Villains’ Statistics

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By Tyler Durden

Is it fake news when on MLK weekend Loretta Lynch issues a scorching 164 page report blasting Chicago police for using force on Blacks 10 times more often then Whites… but nowhere mentioning that Blacks are murdered 15 times more often than Whites, or that Blacks are the murders 20 times more often than Whites, or that Police are 30 times more often to be killed by a Black than by a White?

Seems like a shot in the face at Jeff Sessions and a gift to BLM and civil rights leaders, in the final hour…

Statistical Ideas' blog's Salil Mehta exposes the one-sided statistics outgoing AG Loretta Lynch used to villify Chicago Cops…

Outgoing Attorney General for the Department of Justice, Loretta Lynch, has distributed an environmentally-friendly, 164-page report that finds (after a year-long investigation) that my hometown Chicago Police Department “engages in a pattern or practice of using force, including deadly force, in violation of the Fourth Amendment of the Constitution.”

The longwinded defense glosses over critical statistics to allow any reader to truly understand what is at the nucleus of their most scorching claim against the Chicago Police. That in addition to economic hardships for minorities (and is that 100% essential?), police use excessive force 10 times more often against Blacks as they do against Whites. And that's a deceptive headline shocker, which combined with selective data-mining, simply states what they feel is obvious with their constituents across the country. The leaders of the Black Lives Matter movement joined other civil rights groups in responding lockstep with the findings, demanding “we are not going to take it any more”. What does that mean? Are the big concerns in life that (Chicago) police are simply villains? Life would be coziest if they used kids’ gloves? And why were these groups righteously hushed in recent months, as Blacks were multiple times caught on video group-assaulting Whites who “may have voted for Trump”? Look at the top of the chart -below- which shows this 10x rate for Blacks versus Whites, when it comes to use of excessive police force. Now we'll discuss some other self-computed statistics that should be considered, and which were not provided as meaningful background.

“more often”

This naughty expression incorrectly implies that each Black criminal is subject to 10 times as much excessive police force as each White criminal. But that's a false trap. The actual statistics, for the few who cared to look at them, show that simply the overall population of Blacks saw 10 times more excessive use of force versus the overall population of Whites.

Blacks are a small minority

It is true that in the United States there are nearly five times as many Whites as there are Blacks (put differently, there is 0.2 Blacks per White). So it would be arousing to incorrectly deduct that while there is 0.2 Blacks per …read more

Source: Debunking Loretta Lynch’s One-Sided ‘Chicago Cops Are Racist Villains’ Statistics

    

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The Top 10 Trump Myths

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By Tyler Durden

Submitted by Gavin McInnes via TakiMag.com,

Fake news site Buzzfeed just published a fake news story that is so fake, it’s not even fake news. “It’s just fake,” as Kellyanne Conway put it. The editor of Buzzfeed himself says he has “serious reason to doubt the allegations in it,” but he published it anyway because this is “how we see the job of reporters in 2017.” So, the role of reporters is to just barf out whatever anyone throws at them? The dossier implicates the president-elect in everything from being a stooge for the Russian government to demanding women pee on him. It’s written like a prank from our side to lampoon how gullible and biased their side is. It’s also a good jumping-off point to discuss 10 other myths about our next president.

(1) TRUMP IS AN ADMITTED SEXUAL PREDATOR
Jesus LORD in heaven above am I sick of talking about a private conversation two guys had in a bus 11 years ago. I’m honestly stunned this devoured so much of the presidential election. It’s completely irrelevant, but if you really want to get into the nitty-gritty of the whole thing, it’s the opposite of sexist. That’s right. Trump was marveling at what groupies let you get away with and saying it’s crazy. It’s the same as the time he said he could “shoot somebody” in the middle of Fifth Avenue and get away with it. The tone was “Can you believe this shit? These women will basically let you do anything.” Megyn Kelly said he “grabbed women against their will.” This is a lie. He said, “They let you do it. You can do anything. Grab them by the pussy. You can do anything.”

The real problem here is that people revile Trump so much they can’t imagine women adore him as much as, say, Elvis, who kissed whoever he wanted whenever he wanted. Sorry, libs, money and power are a bigger aphrodisiac than being a “feminist ally.”

(2) TRUMP MOCKED A HANDICAPPED REPORTER
Are you as frustrated by these myths as I am? Why would anyone on earth brag about randomly grabbing women by the vagina? Why would anyone mock a handicapped reporter? Insulting someone just because they’re handicapped is something you might do when you’re 7 years old and then deeply regret it when you’re 8. Meryl Streep won a lifetime achievement award at the Golden Globes and dedicated her entire speech to criticizing Trump for making fun of a crippled reporter. He wasn’t. He was making the same flustered gesture he makes to mimic everyone he sees as flustered. Video of him doing this to everyone is very easy to dig up (I made one too), but that doesn’t stop the likes of The Washington Post from claiming our “assertions are not supported by video evidence.”

(3) TRUMP’S BANKRUPTCIES PROVE HE’S A BAD BUSINESSMAN
This is yet another …read more

Source: The Top 10 Trump Myths

    

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The Copper Market Relative to Gold, Equities, Dollar (Video)

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By EconMatters

By EconMatters


We discuss the Copper Market in this video, checking out its trading partners in the other Futures Markets, as well as the recent Technical and Fundamental drivers for this economic sensitive commodity. Copper is used as Collateral in China for borrowing purposes and serves a leveraging function at times.

© EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle

…read more

Source: The Copper Market Relative to Gold, Equities, Dollar (Video)

    

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