Archive for the ‘Uncategorized’ Category
Trump: Only "Stupid People Or Fools" Want War With Russia
By Tyler Durden
Having been fully briefed on the “intelligence” proving Russians ‘hacked’ the election – because how else could Hillary Clinton have lost? – president-elect Trump is starting to shift the narrative this morning to expose the establishment’s blinkered warmongery for missing the bigger picture that could be possible…
Having a good relationship with Russia is a good thing, not a bad thing. Only “stupid” people, or fools, would think that it is bad! We…..
— Donald J. Trump (@realDonaldTrump) January 7, 2017
have enough problems around the world without yet another one. When I am President, Russia will respect us far more than they do now and….
— Donald J. Trump (@realDonaldTrump) January 7, 2017
both countries will, perhaps, work together to solve some of the many great and pressing problems and issues of the WORLD!
— Donald J. Trump (@realDonaldTrump) January 7, 2017
Of course, we can hear the spin now – “well this is exactly what a ‘puppet of Putin’ would say” – as a US president who seeks cooperation and not war must be a commie plant… or worse.
This follows the Intelligence Community’s release of a declassified report that concluded Russian President Vladimir Putin ordered an influence campaign to help Trump win the White House. As The Hill notes,
“Russia’s goals were to undermine public faith in the U.S. democratic process, denigrate Secretary [Hillary] Clinton, and harm her electability and potential presidency. We further assess Putin and the Russian Government developed a clear preference for President-elect Trump,” the report said.
Trump, who signaled throughout his presidential campaign that he was open to warmer relations with the Kremlin, has criticized United States intelligence agencies over reports about Russia’s cyber activity.
Earlier on Saturday, the president-elect said that there is “no evidence” Russia’s cyber activities affected the election outcome.
“Intelligence stated very strongly there was absolutely no evidence that hacking affected the election results. Voting machines not touched!” he wrote on Twitter.
Source: Trump: Only "Stupid People Or Fools" Want War With Russia
"They Lost So Big" – Trump Blasts "Embarrassed Democrats" For Russian Hacking Report
By Tyler Durden
The back and forth between Donald Trump on one hand, and the Democrats and US intelligence services, on the other continued on Saturday morning.
One day after Trump issued an official response to the US intelligence community’s report in which it concluded that Putin personally manipulated millions of Americans into voting for Trump instead of Hillary by watching RT YouTube clips, and he stated that while he has “tremendous respect for the work and service done by the men and women of this community” he added “there was absolutely no effect on the outcome of the election including the fact that there was no tampering whatsoever with voting machines”, he has resumed his vendetta with both the Democrats and the US intelligence agencies on a less formal – and his preferred by far – setting, Twitter.
In a couple of tweets early Saturday morning, Trump once again downplayed the Russian influence, stating that there was no evidence the hacking affected election results, and repeated the punchline from his official response, saying ” there was absolutely no evidence that hacking affected the election results. Voting machines not touched!”
Intelligence stated very strongly there was absolutely no evidence that hacking affected the election results. Voting machines not touched!
— Donald J. Trump (@realDonaldTrump) January 7, 2017
In a follow up tweet moments later, Trump stated that Democrats were continuing to make a fuss about the “hacking of the poorly defended DNC” is because they ‘lost so big” they are “totally embarrassed” by the election results.
Only reason the hacking of the poorly defended DNC is discussed is that the loss by the Dems was so big that they are totally embarrassed!
— Donald J. Trump (@realDonaldTrump) January 7, 2017
Prior to the Saturday morning mini tweetstorm, on Friday evening Trump tweeted that “gross negligence by the Democratic National Committee had allowed the hacking by Russia.”
Gross negligence by the Democratic National Committee allowed hacking to take place.The Republican National Committee had strong defense!
— Donald J. Trump (@realDonaldTrump) January 7, 2017
The reason behind Trump’s ongoing war with the intelligence agencies and the DNC is clear: with the report, and the ongoing media narrative, US intelligence services continue to delegitimize Trump’s victory, by asserting that he was the favored candidate of Russia, and that Moscow ran a sophisticated operation to try to influence the election, taking away from Trump’s victory.
And while the report did not conclude that the Russian interference tipped the scales to Trump, who defeated Hillary Clinton in the electoral college with surprise wins in the states of Pennsylvania, Michigan and Wisconsin, the constant tit-for-tat with Russia makes Trump’s win, at least in his eyes, seem less important.
Trump and his team have sought to prevent any talk of Russia’s interference in the election from undermining his victory in the election or tarnishing his presidency. He has talked about the need to move beyond the issue of Russian hacking, but has also at times offered …read more
Source: "They Lost So Big" – Trump Blasts "Embarrassed Democrats" For Russian Hacking Report
The High Life: Here Are The States Where The Most People Are Tokin’ Up
By Tyler Durden
After a slew of states across the country have decided to legalize medical and/or recreational use of marijuana, the Washington Post decided to take a look at the impact this new legislation has had on weed consumption by state. Ironically the map looks a lot like the 2016 electoral college map with the highest levels of consumption per capita coming from the liberal strongholds of New England and the West Coast. Meanwhile, Montana seems to be the one conservative outlier where people love both their individual liberties and tokin’ up on the reg.
Overall, a study by the U.S. Department of Health and Human Services found that 22 million Americans like to light up on a monthly basis with closer to 37 million admitting they partake at least once a year.
According to one estimate by ArcView Group, a marijuana industry consulting firm, the legal marijuana market rang up $6.7 billion in sales in 2016.
Legal or not, millions of Americans already use marijuana regularly. According to the most recent National Survey on Drug Use and Health, 8.3 percent of Americans age 12 and over — 22 million people — used marijuana on a monthly basis in 2015. And close to 37 million people used marijuana at least once that year.
Meanwhile, it’s readily apparent that the highest marijuana use per capita comes from states where the drug has been legalized for medical and/or medicinal purposes.
In the 2014-2015 period (years are paired for state-level data to provide bigger sample sizes), nearly a quarter of people in places where recreational pot is legal — like D.C. and Colorado — used some form of marijuana at least once a year.
That’s nearly double the national average, and it’s close to three times the rate for the most pot-abstinent states, like Alabama, Mississippi and Iowa, where around 8 or 9 percent of people age 12 and older use pot yearly.
Generally speaking, the Northeast and the West Coast are the two major marijuana hotbeds in the country. Marijuana use between the coasts is generally lower, with the notable exception of Colorado.
The state-level data shows that places with the most marijuana use generally have some form of legal medical or recreational marijuana available. This is likely a two-way street: places with lax attitudes about marijuana use are more likely to approve legal marijuana, and marijuana availability probably leads to more lax attitudes about use.
Finally, for our entrepreneurial readers, we just wanted to highlight that we see staggering opportunities for new KFC and Taco Bell franchises in parts of Montana, Colorado and New England.
Source: The High Life: Here Are The States Where The Most People Are Tokin’ Up
The False Economic Recovery Narrative Will Die In 2017
By Tyler Durden
Submitted by Brandon Smith via Alt-Market.com,
Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel far less fear than is warranted. Hey, why should they? We’ve managed around eight years skating on thin ice, why shouldn’t we expect eight more years of the same?
The banking elites have done the job they set out to do, which was to drive the economy to the very edge of the financial cliff, and then keep it suspended there until the general public became comfortable living next door to the abyss.
Why do this? Well, the greater dynamic at play here is something the average person will not understand or refuses to examine — economics today is about mass psychology. The economy is a tool, or a weapon, by which international financiers can influence the public mind and the emotions of the mob. In order to grasp the mechanics of economics it is not enough to deal in statistics and trade principles; one must also grasp human behavior and how it is manipulated. One must acknowledge that in economics we witness the transmutation of societies by word and by force, by chaos and by order. Economics is alchemy.
The globalists (in their twisted view) seek to change lead into gold, and just as in alchemy, these elements are a metaphor for psychological evolution. For the globalists, social engineering is a form of witchcraft; they see it as creation, or a grand form of architecture.
But it is not creation. The globalists are incapable of such art because true art requires wisdom and empathy. All they know is how to deconstruct existing systems generated by nature and free men and rearrange the shattered pieces into something more oppressive and ultimately less interesting than what existed before. Give the internationalists a Mona Lisa and they will shred it, reconstitute it and regurgitate a paint by numbers coloring book.
The globalists only know how to turn gold into lead.
If you do not understand the reality of globalist influence in markets and the nature of economics as a weapon; if you actually believe that the economy operates purely on some kind of free-roaming free market principles, then you will never be able to wrap your head around the otherwise absurd behavior of our financial structure.
The psychology of fiscal “recovery” is a vital tool for change and for developing false dichotomies. For example, I recently came across this article from the pervasive propaganda hub of Bloomberg. In it, Bloomberg outlines a story we are by now very used to hearing from the mainstream — that the presidential era of Barack Obama has left the economy of the U.S. in particular in “far better shape” as he leaves office than …read more
Source: The False Economic Recovery Narrative Will Die In 2017
The Case Against Fed Reform
By Tyler Durden
Submitted by Tho Bishop via The Mises Institute,
This week the 115th Congress was sworn in, and there are some indications that Fed reform may be on the agenda. The combination of populist anger fueled by Ron Paul’s Presidential campaigns and the 2008 financial crisis coupled with the repeated failings of the Federal Reserve to meet their projections has created a rare window for monetary policy to be both politically advantageous, as well as so obviously needed that even politicians can see it.
The question now is what sort of reform is on the table.
Congressional Reforms
Last Congressional session saw proposals from both the House and the Senate.
From the House we have the FORM Act, which would require the Fed to adopt a monetary policy rule and explain to Congress whenever they deviate from that rule. The FORM Act also calls for an annual GAO audit of the Federal Reserve, doubles the number of times the Fed Chairman testifies before Congress, and makes some other tweaks to the makeup and protocol of the Federal Reserve Board. Since the FORM Act passed the House in 2015, there is a good chance we will see it resurrected in 2017.
On the Senate side, Banking Committee Chairman Richard Shelby has pushed for the Financial Regulatory Improvement Act. Not only does it lack a catchy acronym, but its reforms to the Fed are far more modest than the FORM Act. The meat of the bill focuses on changes to the Fed board. The head of the New York Fed would no longer be appointed the banks board of the directors, but would instead be nominated by the President and confirmed by the Senate – just like the Federal Reserve Chairman. It would also grant powers to the Fed’s regional presidents that currently only reside with the board of directors.
Though early drafts of the Senate bill called for the Fed to adopt rules-based monetary policy, this ended up being stripped from the final proposal due to Democratic opposition – largely because much of the Hill focus has been on the Taylor rule, which many Fed advocates fear is too restricting.
The Battle Over the Taylor Rule
Recently this debate has played out in the pages of the Wall Street Journal with Neel Kashkari and John Taylor exchanging op-eds on the virtues of rules-based policy.
Though Kashkari begins with a broad attack on monetary rules, it quickly devolves into a focused attack on the Taylor Rule which he argues “effectively turn[s] monetary policy over to a computer, rather than continue to let Fed policy makers use their best judgment to consider a wide range of data and economic trends.” Of course Kashkari ignores that the “best judgement” of Fed policy makers has been widely criticized – and not just by Austrians who oppose any sort of Fed policy at all.
Kashkari’s allusion to a computer-guided monetary policy is may be an attempt to get readers to conflate recent monetary …read more
Source: The Case Against Fed Reform
"Depressed" Millennials Are Convinced The Trump Economy Is Going To Implode
By Tyler Durden
When asked about the economic outlook for America, millennials were the only generation to predict 2017 would be worse than 2016. As Bloomberg reports, the feeling of impending doom wasn’t exclusively reserved for 2017: about a third of millennials surveyed said they don’t think they’ll have enough money to comfortably retire at all.
While the new year marks a fresh start for many, millennials aren’t so optimistic.
In fact, this generation is the only one to say they’re feeling worse, financially, about 2017 than 2016.
As Bloomberg details, in the days following the election, Country Financial Group, an insurance and investment firm, conducted its annual financial security index and found that the score was lowest for millennials, defined as those between 18 and 34 years old, at 60.9 (the highest score is 100).
To determine its score, used a survey that asked over 1,000 Americans questions about their financial stability, like whether they had savings, or if their assets were adequately assured. Independent research firm GfK collected the data. Generation X-ers, (people aged 35 to 49), had a score of 66.6. Boomers (between the ages of 50 to 64) came in at 69.2. The Silent Generation, defined as those over age of 65, had the highest score at 71.2.
As Bloomberg notes, given that the poll was conducted in the days following the election and millennials overwhelmingly supported the losing candidate, these survey results might be swayed by some election-related depression.
Source: "Depressed" Millennials Are Convinced The Trump Economy Is Going To Implode
City Of Dallas Looks To "Clawback" Ill-Gotten Pension Gains From Police
By Tyler Durden
Almost exactly one month after taking the unprecedented step of suspending withdrawals from the Dallas Police and Fire Pension (DPFP), the Dallas city council is looking to “clawback” what it views as ill-gotten interest payments made to pensioners to the tune of roughly $1 billion.
Of course, we have followed the epic meltdown of the DPFP closely over the past several months after a series of shady real estate deals brought the fund to, in the words of Dallas Mayor Mike Rawlings, “the verge of collapse” and resulted in an FBI raid of one of the funds largest real estate investors (see “Dallas Cops’ Pension Fund Nears Insolvency In Wake Of Shady Real Estate Deals, FBI Raid“). The discovery of the failed real estate deals led to a “run on the bank” as scared pensioners looked to withdraw as much as possible before the whole ponzi scheme collapsed (see “After A “Run On The Pension Fund” Dallas Mayor Demands Halt Of Withdrawals“). All of which culminated with the unprecedented decision last month to suspend withdrawals (see “In Unprecedented Move, Dallas Pension System Suspends Withdrawals“) after nearly $500mm was removed from police accounts.
Now, according to a local ABC affiliate, the Dallas city council is frantically working with the DPFP board to close a $4 billion funding gap. While the city has agreed to throw an incremental $1 billion of taxpayer money at the problem over the next 30 years, that additional funding comes with some strings attached, which includes a $1 billion “clawback” of what the city views as ill-gotten gains from Police DROP accounts. The proposed “clawbacks” would come in the form of reduced future distributions for pensioners.
For those who haven’t followed this story as closely, DROP, which was created in the early 90’s, allowed police and firefighters in Dallas to retire while still on the job. Their monthly pension checks were then diverted into DROP accounts, which were guaranteed an 8-10% return regardless of how the overall fund performed. Unfortunately for DPFP pensioners, the Dallas City Council now views those guaranteed returns as an effort to defraud Dallas taxpayers of billions…we would tend to agree.
The city has agreed to put in an additional billion dollars over 30 years, but they’re proposing a series of bitter pills to make up the rest of the nearly $4 billion shortfall.
The bitterest pill: A proposal to take back all of the interest police and firefighters earned on Deferred Option Retirement accounts, or DROP. That would amount to an additional billion dollars saved.
The city is calling it an “equity adjustment.” Retirees call it an illegal “claw back.”
Whatever you want to call it, it’s outlined in a draft legislation being hammered out by the city and pension fund leaders. Pension fund representatives and the city have been meeting almost daily to try to come to an agreement on proposed legislation that they can take to the state capital to fix the failing fund.
Of course, …read more
Source: City Of Dallas Looks To "Clawback" Ill-Gotten Pension Gains From Police
Terrorism? Airport Shooting Suspect Esteban Santiago Identified As Convert To Islam Who Watched E-Jihad Video In 2007
By ZeroPointNow
Researchers at GotNews.com went completely down the rabbit hole within hours of the shooting at the Ft. Lauderdale airport, after officials identified the suspect as Estaban Santiago – a resident of Alaska who flew on a military ID to Ft. Lauderdale with a loaded pistol in his carry-on, before retrieving the weapon and beginning his deadly rampage.
GotNews has uncovered evidence that Santiago is a “Puerto Rican Islamic Terrorist & Anime Fan.” Unfortunately as of this writing their servers have crashed, so they have uploaded their evidence to Twitter. See for yourself.
These are the Nexis public records details for the ONLY #EstebanSantiago ever in Alaska, who is also 26-yrs-old. Note “Naota33” e-mail. 1/? pic.twitter.com/bHMH6CAR79
— WeSearchr (@wesearchr) January 6, 2017
Searching leaked databases for “Naota33” reveals THIS image of #EstebanSantiago with Mid-Eastern keffiyeh & ISIS one-finger salute. 2/? pic.twitter.com/M9MolgsZ6z
— WeSearchr (@wesearchr) January 6, 2017
In 2007, user “Naota33” posted on explosives/weapons forum in a thread about mass-downloading radical Islamic terrorist propaganda vids. 3/? pic.twitter.com/XZSF1ryYUE
— WeSearchr (@wesearchr) January 6, 2017
Newly-discovered @Instagram of “Naota33” proves we were 100% RIGHT on our identification of #EstebanSantiago #FortLauderdale. 4/? pic.twitter.com/XwncWMzyjs
— WeSearchr (@wesearchr) January 6, 2017
So @CBSNews has now visually confirmed our FIRST identification of #EstebanSantiago #FortLauderdale & his status as Islamic terrorist.
— WeSearchr (@wesearchr) January 6, 2017
CNN JUST USED @wesearchr PHOTO
CNN JUST USED @wesearchr PHOTO
CNN JUST USED @wesearchr PHOTONOTICE HOW IT’S IN BLACK AND WHITE.
WEW LADS pic.twitter.com/5leL8m8t3t— The Current Year (@TheeCurrentYear) January 6, 2017
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