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By Tyler Durden

When a delicate snowflake is suddenly faced with a perceived reality so devastating as to be an existential crisis, the mind's reaction to dealing with this cognitive dissonance can be disabling for some. Certainly for The New York Times' flip-flopping, hate-mongering, fact-twisting, Keynesian poster-boy Paul Krugman it appears coping with “no” is not going well and his tirade last night in Twitter has us gravely concerned for his mental stability, which is ironic given how he began yesterday…

Trump may be corrupt, but he's also mentally unstable. Thanks, Comey https://t.co/gs451Ixlvc

— Paul Krugman (@paulkrugman) January 13, 2017

But that was followed quickly by a six-tweet-rant nothing short of what we would expect from a dejected five-year-old who just got denied another scoop of ice cream…

Why won't Team Trump even *pretend* to stand up to Putin? The obsequiousness had people wondering even before the dossier pic.twitter.com/b10uhQfrTX

— Paul Krugman (@paulkrugman) January 13, 2017

So much to worry about right now; so let me add to the pile. I suspect that we'll soon see massive rage on the part of Trump supporters 1/

— Paul Krugman (@paulkrugman) January 13, 2017

Why? I don't see many saying this, but anti-intellectualism was a big part of the movement: you smug liberals think we're stupid? Hah! 2/

— Paul Krugman (@paulkrugman) January 13, 2017

Now imagine the reaction when it becomes clear that they were snookered. Not only did they vote to strip themselves of health care 3/

— Paul Krugman (@paulkrugman) January 13, 2017

because they believed the assurances of an obvious fraudster, but Mr. Make America Great Again is a witting or unwitting foreign agent 4/

— Paul Krugman (@paulkrugman) January 13, 2017

I guess some will say “Gosh, I made a big mistake”. But many will lash out even harder at those know-it-alls who, um, were actually right 5/

— Paul Krugman (@paulkrugman) January 13, 2017

Krugman once again blames the ignorance of the deplorable masses (who just don't get what a “fraudster” Trump is) in shunning him and his “know-it-alls”, but he has been heading down this hill of manic-depressive lashing out for weeks now having recently suggested Trump will unleash a 9/11-style attack to legitimize his presidency.

Is he hoping to maintain a groundswell of “well, if he is not hitler… he must be worse” thoughts among those so easily led? Still, coming from a man who has prognosticated alien invasions as a global economic growth engine, we are not sure if he is mental situation is improving or deteriorating. We wish him well.

…read more

Source: We Are Getting Worried About Paul Krugman

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By Tyler Durden

In a “mass layoff” event reported late last week by the Department of Labor, the Clinton Foundation announced it would lay off some 22 employees at the Clinton Global Initiative, which attained notoriety during the John Podesta leaks, when the various details of the fallout between between CGI head Doug Band and Chelsea Clinton were revealed; it also emerged that long-time Bill Clinton friend Band was soliciting donations for Clinton through his PR firm, Teneo in an sordid example of “pay for play” which most of the mainstream media refused to cover, especially after Band emailed Podesta “If this story gets out, we are screwed.”

Filed as mandated by the Department of Labor’s Worker Adjustment and Retraining Notification, or WARN notice, on January 12, the Clinton Foundation’s Veronika Shiroka advised the DOL that as part of a “Plant Layoff” it would layoff 22 workers on April 15, with reason for the dislocation stated as “Discontinuation of the Clinton Global Initiative.” The layoffs are part of the Clinton plan put in motion ahead of the presidential election, to offset a storm of criticism regarding pay-to-play allegations during Clinton’s tenure as secretary of state.

As the Daily Caller notes, the layoffs were reportedly announced internally in September, ahead of Clinton’s stunning loss to President-elect Donald Trump. Many other employees had already begun looking for or accepting other jobs at that time, as it had become clear the future of the initiative was in doubt. It’s unclear how many of the once 200 strong staff might remain at the Clinton Foundation in some other capacity.

As a reminder, while the FBI has cleared Hillary Clinton of wrongdoing regarding her use of a private email server, a parallel probe into the Clinton Foundation regarding allegations of corruption is still ongoing.

The decision to sunset the Clinton Global Initiative reportedly set off a dispute within Clinton Foundation circles regarding the best way to handle the fallout from the allegations. Some complained the layoff process was “insensitively” handled, Politico reported, while others took issue with the optics of allowing anyone with the Clinton Global Initiative to stay on.

And while CGI is now officially being “discontinued”, the same fate likely awaits the Clinton Foundation itself following news in the aftermath of Hillary Clinton’s loss to Trump that Australia has cut its donations to the foundation to $0, while the far more generous Norway likewise slashed its donations by 87% as the political cout of the “charitable” organization dried up and as the opportunity for any future “quid pro quo” is now effectively gone.

…read more

Source: The Clinton Foundation Is Shutting Down The Clinton Global Initiative

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By Tyler Durden

Submitted by Mac Slavo via SHTFPlan.com,

It isn’t just that Donald Trump routinely thumbs his nose at the establishment, insults media figures he sees as unfair and bucks conventional wisdom.

It is that President-elect Trump is defying the will of the deep state, military industrial complex base of ultimate power in the United States. That is why he is treading dangerous waters, and risks the fate of JFK.

Trump publicly dissed the intelligence community assessments on Russian hacking; they retaliated with a made up dossier about the alleged Trump-Putin ‘golden shower’ episode.

Russians have compromising footage of Donald Trump paying prostitutes to piss on a bed ????#GoldenShowerGatehttps://t.co/AdQGhE2y06

— Loco Goose ???????????????? (@CrazyGoose) January 11, 2017

While it may be a silly falsehood, it may also be serving as a final warning that they get to script reality, not him.

Perhaps they want Trump to feel blackmailed and controlled by alluding to fake dirt, while reminding him of the real dirt they hold on his activities (whatever it may be).

Insulting the credibility of the intelligence community in a public way – as the man elected to the highest office in the land – is liable to ruffle a few feathers, and it could provoke a serious response.

Trump knows the power of the people he is taunting, but he may not be aware of where the line is between play in political rhetoric and actually irritating and setting off those who control policy.

There is plenty of Trump misbehavior that can be simply written off, or trivialized, but cutting into the war and statecraft narrative of the shadow government steering this deep state is a deviation too far.

It is one thing to play captain, but another to imagine that you steer the ship. They are happy for Trump to take all the prestige and privileges of the office; but not for him to cut into the big business of foreign conflict, the undercurrent of all American affairs, the dealings in death, drugs, oil and weapons, and the control of people through a manipulation of these affairs.

If President Trump takes his rogue populism too far, he will suffer the wrath of the same people who took out Kennedy… there are some things that are not tolerated by those who are really in charge.

And now leaders in the Senate are warning President-elect Trump about the stupidity of going against the national-security establishment.

As Jacob G. Hornberger warns:

In a truly remarkable bit of honesty and candor regarding the U.S. national-security establishment, new Senate minority leader Charles Schumer has accused President-elect Trump of “being really dumb.”… for taking on the CIA and questioning its conclusions regarding Russia.

“Let me tell you, you take on the intelligence community, they have six ways from Sunday at getting back at you…. He’s being really dumb to do this.”

[…]

No president since John F. Kennedy has dared to take on the CIA or the rest of the national security establishment […] They knew that if they opposed …read more

Source: Will The CIA Assassinate Trump? Ron Paul Warns Of "More Powerful, Shadow Government"

    

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By Tyler Durden

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

2016 brought a lot of changes, or rather, brought them to light. In reality, the world has been changing for many years, but many prominent actors benefitted from the changes remaining hidden. Simply because their wealth and power and worldviews are better served that way.

It’s entirely unclear whether we will ever get a chance to see to what extent the efforts to hide developments have been successful, or even been perpetrated at all, because we don’t know to what extent truth and reality will be accessible in the future.

What we can say at this point in time is that the changes 2016 delivered were urgently needed. There are many people out there who just want to turn back the clock, and change everything back to how it was, but they can’t, and that’s a good thing, because the way things were was hurting too many people.

2016 will go down in history as the year when a big divide between groups of people in the western world became visible, a divide that had until then been papered over by real or imaginary wealth, as well as by ignorance and denial.

When politics and media conspire to paint for the public a picture of their choosing, they can be very successful, especially if that picture is what people very much wish to see, true or not. But as we’ve seen recently, our traditional media have become completely useless when it comes to reporting news; the vast majority have switched to reporting their own opinions and pretending that is news.

On the one hand, there is a segment of society that either has noticed no changes, or is so desperate to hold on to what they have left, that they resist seeing them. On the other hand, there are those who feel left behind by that first group, and by the idea that the world that is still functioning and even doing well.

The first group has been captivated by, and believed in, the incessantly promoted message of recovery from an economic, financial and gradually also political crisis. The second see in their lives and that of their friends and neighbors that this recovery is an illusion.

It’s like the old saying goes: you can’t fool all of the people all of the time. And that’s why you have Brexit and Trump and why you’re going to have much more of that, certainly across Europe. Things are not going well, and there is no recovery, for a large enough percentage of people that their votes and voices now swing the debates and elections.

It’s not even complicated. This week there was a report from Elevate’s Center for the New Middle Class that concluded that half of Americans, 160 million people, can’t afford to have a broken arm treated (at $1,400). And sure, you can say that perhaps that number is a bit too high, but there have been many such reports, that for instance say the …read more

Source: 2017: Change Can Be A Bitch

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By Tyler Durden

Donald Trump and his advisers have told British officials their administration’s first foreign trip will be a meeting with Russia’s Vladimir Putin in the capital of Iceland, the Sunday Times reported, citing an unidentified source, a move that is certain to unleash even more domestic and foreign criticism of Trump’s alleged proximity to the Russian leader.

According to The Sunday Times, Trump hopes to conduct the Putin “summit” within weeks of his January 20 inauguration in the Reykjavik, “emulating Ronald Reagan’s Cold War deal-making in Reykjavik with Mikhail Gorbachev.”

The meeting with Vladimir Putin, which would be Donald Trump’s first foreign trip, is where Trump will start working on an agreement limiting nuclear arms within a “reset” in US-Russian relations. The Times adds that according to sources close to the Russian Embassy in London, Moscow would agree to a summit between the two heads of state.

A summit between Putin and Trump could reset western relations with the Kremlin.

The meeting would come just over 30 years since the historic summit on October 11-12, 1986, between Ronald Reagan and Mikhail Gorbachev, the second in a series of meetings that relaunched the relationship between the United States and the Soviet Union, and ultimately led to a material de-escalation in the raging, at the time, nuclear arms race between the USA and USSR.

And, just like Ronald Reagan then, Trump wants to discuss nuclear disarmament with Putin, the Times reported, adding that sources said Trump wants to meet Putin outside of Russia and that Reykjavik was a strong contender.

The latest report comes just a day after Trump told the WSJ he is open to lifting the sanctions against Russia “under certain conditions.” In an hour-long interview on Friday, Trump said he wants to keep the sanctions that the Obama administration recently imposed on Russia “at least for a period of time.” However, the President-elect added that he would consider lifting the restrictions, depending on how helpful the Russians are in the fight against terrorism, as well as assisting with other goals that he feels are key to the US.

The meeting has not officially been announced by Trump team officials or Russian officials, and reports say Iceland has not been formally contacted about such an event. But more importantly, the talking points for all of Sunday’s news shows and media talking points are currently being updated to reflect this latest olive branch by the Trump administration toward the Kremlin, which will be promptly spun as further “proof” of Putin’s diabolical control over his brand news Oval Office puppet.

…read more

Source: In His First Foreign Trip As President, Trump Plans To Meet With Putin In Reykjavik

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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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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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By Tyler Durden

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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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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Posted January 14th, 2017 in Uncategorized.