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The Republican Tax Plan Will Crush These Housing Markets

November 8, 2017 Tyler Durden 0

For the past few weeks, Chuck Schumer and Nancy Pelosi have screamed to anyone who would listen that the GOP tax plan is nothing more than a tax break for millionaires and an attack on middle class working families.  But, as the Wall Street Journa…

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Fourth Turning’s Neil Howe: Why Millennials Aren’t So Unique

November 8, 2017 Tyler Durden 0

Authored by Marianne Brunet via AdvisorPerspectives.com,
The conventional wisdom is that Millennials are a generation with unique needs and buying habits, but Neil Howe says that they are very similar to the Greatest Generation.
Howe, who coined the te…

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NSA Whistleblower Says Trump Pushed Meeting With Pompeo

November 8, 2017 Tyler Durden 0

As we reported yesterday, President Donald Trump is receiving flack from hysterical liberals for reportedly advising CIA Director Mike Pompeo to meet with former senior NSA official Bill Binney, whom the media has labeled a conspiracy theorist for his belief that Russia wasn’t responsible for hacking the DNC – or at least, if it was, it was the work of a deep-cover agent – because the files, according to Binney, were manually loaded onto a thumb drive, meaning the theft was likely the work of a disgruntled insider.

Binney discussed the meeting during an appearance on NBC, where he confirmed that Trump was probably made aware of his theory by watching one of his appearances on Fox News.

“He’s trying to find some factual evidence,” said Bill Binney, a former code-breaker at the National Security Agency.

Binney, a widely respected NSA whistleblower, left the agency in 2000 and has made claims that the NSA is capturing and storing nearly every US communication.

Binney told NBC News that Pompeo informed him that the CIA director took the meeting at the urging of the president.

Mike Pompeo

In a statement, a CIA spokeswoman did not dispute that, but declined to comment.

“The Director stands by and has always stood by the January 2017 intelligence community assessment,” on Russian election interference, spokeswoman Nicole de Haay said.

She added, “The director has been adamant that CIA officers have the time, space and resources to make sound and unbiased assessments that are delivered to policy makers without fear or favor.”

The intelligence community released a multilateral report in January 2017 concluding that Russia had sought to interfere in the 2016 election, which was won by Trump in a historic upset. One of the tactics, the intelligence community alleged, was the hack of the DNC, which was a massive public relations embarrassment for Clinton and eventually led to the resignation of former DNC Chairwoman Debbie Wasserman Schultz.

Trump has repeatedly criticized the intelligence community and claimed its conclusion is unfounded. And Pompeo, a former Army officer and Harvard Law School graduate who gives Trump his intelligence briefing nearly every day, is suspected of kowtowing to Trump in his tepid approach to the issue.

Last month, the CIA had to correct Pompeo’s erroneous statement that the intelligence assessment found that the Russian interference campaign did not alter the outcome of the election. No such conclusion was made.

NBC pointed out that it is extremely unusual for a CIA director to meet with someone like Binney, who for years has accused US intelligence agencies of subverting the constitution and violating the civil rights of Americans. However, Binney – while a controversial figure in the US – has been praised abroad as a whistle blower and truth teller.

However, the meeting to discuss the narrative that directly contravenes the findings of the US intelligence community was so productive that Pompeo is already arranging further meetings between NSA and FBI officials and Binney to discuss his analysis. Binney said two unnamed CIA analysts accompanied Pompeo during the meeting at CIA headquarters.

Binney reportedly also raised the death of DNC staffer Seth Rich as a suspicious, given its proximity to the release of the hacked documents. There has been speculation that Rich was the one who leaked the emails.

Binney said he did not discuss with Pompeo his longstanding allegations that U.S. intelligence agencies have been acting illegally. Binney said he voted for Trump, because he considered Democrat Hillary Clinton “a war monger.

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Michael Lewis Reveals His Shocking New “Big Short”

November 8, 2017 Tyler Durden 0

When the award-winning author of “The Big Short,” “The Blind Side” and “Moneyball,” stopped by Yahoo Finance yesterday to discuss his latest book, “The Undoing Project,” he was predictably asked for his next “Big Short” idea.  And, after downplayi…

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One Year After The Election; Where Does The Trump Rally Rank?

November 8, 2017 Tyler Durden 0

Via LPLResearch.com,
It’s hard to believe, but the U.S. Presidential Election was a year ago today. Per Ryan Detrick, Senior Market Strategist,
“Although no one at the time would have believed it, the 12 months since Election Day have been …

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Will Xi Offer Trump A Small Victory On Trade As Cover For His Longer-Term Ambitions

November 8, 2017 Tyler Durden 0

On Monday, Trump pressed Japan’s Prime Minister and business leaders to reduce the $69 billion trade deficit. A couple of badly made jokes, awkward moments and an unfair singling out of the auto industry later, we expressed our scepticism that th…

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Donna Brazile Exposes “The Cult Of Clinton” – She Lost Due To “Arrogance”

November 8, 2017 Tyler Durden 0

Former Chair of The DNC, Donna Brazile, continues on her 12-step program to Clinton-sobriety today telling MSNBC’s Joe Scarborough that the “arrogant” Clinton campaign was more like “cult” than a political campaign.

As Grabien reports, Brazile said of the Clinton campaign…

“It was a cult,” 

 

“I felt like it was a cult.”

Brazile further said that the main reason Clinton lost was due to her “arrogance.”

Brazile pulls no punches…

SCARBOROUGH: “Bottom line it for us. Why did they lose? Was it, at the end of the day, arrogance?”

BRAZILE: “Yes, Joe. It was a cult, I felt like it was a cult. You could not penetrate them. I mean, I — look, you can — I’m a grassroot organizer. I know street politics better than I know sweet politics. I know how to touch people where they live, work, pray, and play. But I cannot help a candidate, Joe, if I don’t have the resources, if I cannot spend the resources that the party is raising because there’s a blind agreement between…“

BRZEZINSKI: “…Exactly…”

BRAZILE: “…A campaign…”

BRZEZINSKI: “…Unspoken even”

BRAZILE: “…And, again, I want my party to come back from this stronger. I like what Tom Perez is doing. I know he said this is not about my book. Baby, I know it’s not about my book. But it’s about making much-needed changes and reform inside the party. I’ve sat at the table. I want to make room for others to sit at the table, but you have to come into the room knowing you have to change the recipe. Yesterday was a wake-up call for the Democrats, too. Because you know what? It’s coming from the bottom up. It’s not top-down anymore. It’s bottom-up politics now.

Read more here…

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America’s “Abject Servitude” Is Now Exposed

November 8, 2017 Tyler Durden 0

Authored by Charles Hugh Smith via OfTwoMinds blog,

These are the poisoned fruits of a neofeudal system in which power, wealth and political influence are concentrated in the apex of the wealth-power pyramid.

Stripped of pretense, ours is a culture of rape. Apologists for the system that spawned this culture of rape claim that this violence is the work of a few scattered sociopaths. The apologists are wrong: The system generates a culture of rape.

The engine of our culture of rape is the elevation of the entitled-insider class to untouchability: they are above the law, and more equal than others in their freedom to impose every sick sociopathology known to humanity on the powerless peasants imprisoned in our noxious neofeudal system.

For the true sickness of our society and culture is measured not in the vile crimes of our entitled-insider class: it’s measured by the armies of enablers, protectors, enforcers and apologists who protect the entitled-insider class from exposure and justice. After 25 years of blatant abuse of power and crimes that have yet to enter the court docket, 25 years during which the cream of the American media purposefully ignored his blatant abuses of power, the moldering putrid remains of American journalism has finally emerged from its fetid nests, trembling in the unaccustomed brightness of day, to “report,” 25 years too late to save his innumerable victims, Harvey Weinstein’s Army of Spies (New Yorker).

You know how incestuous and cowardly our entitled-insider class is, and how they operate: for 25 long years, editors in the self-glorifying citadels of American journalism killed every story that would have exposed Mr. Weinstein’s actions to the world.

The same can be said of all the other predators hiding beneath the cloak of secrecy that protects the entitled-insider class from exposure.

Voracious predators like Bill Clinton mastered the fine art of forcing consensuality on their innumerable victims, considering the act of forced sex as little more than a standard perquisite of power, much like having the hotel door opened by servants.

The armies of spies, informers, PR flacks, security guards, attorneys, thugs, sycophants and handlers didn’t just enable predatory exploitation of the peasantry: they actively recruited victims and set them up, just as powerless maids were trapped in the chambers of lords in feudal times.

The truly sick reality of our culture of rape is that nobody involved reckoned they were doing anything wrong. The sociopathological predators reckoned they were simply exercising their droit du seigneur, their right to take any woman they desired as a privilege of belonging to the entitled-insider class.

Every single individual in the vast armies of spies, informers, PR flacks, security guards, attorneys, thugs, sycophants and handlers were simply doing their job, doing what they were told to avoid reprimand or being fired. In other words, every one of these individuals was a good German, pulling the trigger, defending predators from justice, protecting the most vile, sick abusers of power from exposure and attacking any victim who dared speak the truth, because, well, they were paid to do so.

Were there no other jobs in America other than protecting evil predators from exposure and justice? Or did these good Germans secretly revel in their proximity to power, much like the SS reveled in their proximity to Nazi power? All you good Germans who served your overlords so well: please don’t deny the thrill of being close to sociopathological power. Or were you just too afraid of losing your own pretty perquisites?

These are the poisoned fruits of a neofeudal system in which power, wealth and political influence are concentrated in the apex of the wealth-power pyramid, a system so corrupted that predators don’t just get off scot-free, they are celebrated as wunnerful guys because their abuses of power are so well hidden, their victims so well marginalized and their PR flacks so relentless in painting over the rotting flesh of their corruption.

While tens of thousands of men and women rot away in America’s teeming Drug War gulag, the exploiters and predators of our entitled-insider class are free to ruin and rape. It’s time we stop making excuses for the predators of our entitled-insider class, stop accepting the cover provided by the worm-ridden decaying corpse of our corporate media, and stop the armies of Good German executioners who have bludgeoned every attempt to expose the truth of our pervasive culture of rape, exploitation and pillage.

Our abject servitude is now exposed. We are peasants and debt-serfs imprisoned in a deeply corrupt and oppressive neofeudal society. Will we ever tire of worshiping our predatory entitled-insider class exploiters?

*  *  *

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com. Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print, $5.95 audiobook) For more, please visit the OTM essentials website.

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Trump Warns North Korea Of “Grave Danger” In Rousing Speech

November 8, 2017 Tyler Durden 0

President Donald Trump departed for China this morning, the third leg of his 12-day tour of Asia – his first visit to the continent since taking office – but not before delivering a “rousing speech” to South Korean lawmakers where he warned the North not to “underestimate” the US – a sharp change in tone from yesterday, when he encouraged the North to “make a deal” with the US that he said would be in their mutual interest. During his address in Seoul, Trump directed his words at North Korean leader Kim Jong Un, warning him that “the weapons that you are acquiring are not making you safer, they are putting your regime in grave danger. Every step you take down this dark path increases the peril you face.” More details on Trump’s speech from Reuters:

“This is a very different administration than the United States has had in the past,” Mr. Trump said in an address to South Korean lawmakers Wednesday. “Do not underestimate us, and do not try us.”

 

The president called on Mr. Kim to abandon his country’s nuclear-weapons program as he contrasted the successful capitalist economy of South Korea with that of the North, whose economy is many times smaller. Both countries’ output was similar in 1953, when the end of the Korean War left the peninsula divided.

 

“North Korea is not the paradise your grandfather envisioned—it is a hell that no person deserves,” Mr. Trump said, referring to North Korea’s founding leader, Kim Il Sung. “We will offer a path to a much better future,” he continued. “It begins with an end to the aggression of your regime, a stop to the development of ballistic missiles and complete, verifiable and total denuclearization.”

Abandoning the conciliatory tone that he briefly adopted on Tuesday, Trump painted a picture of the North as a dystopian hellscape where the state forces couples to get abortions, and where citizens would rather be sold to work as de facto slaves in a foreign country than stay in North Korea.

Using some of his Trump used some of his toughest language yet against North Korea in a wide-ranging address in Seoul that lodged specific accusations of chilling human rights abuses. He called on countries around the world to isolate Pyongyang by denying it “any form of support, supply or acceptance.”

 

“Do not underestimate us and do not try us,” Trump told North Korea as he wrapped up a visit to South Korea with a speech to the National Assembly before heading to Beijing, where he was making his first official visit.

 

Trump painted a dystopian picture of the reclusive North, saying people were suffering in “gulags” and some bribed government officials to work as “slaves” overseas rather than live under the government at home. He offered no evidence to support those accusations.

 

“The world cannot tolerate the menace of a rogue regime that threatens it with nuclear devastation,” Trump said, speaking as three U.S. aircraft carrier groups sailed to the Western Pacific for exercises – a rare show of such U.S. naval force in the region.

For all its bluster, the speech included a few moments of levity. In true Trump fashion, the president, an avid golfer, also praised the success of the South Korean women who finished in the top four spots at the tournament held earlier this year at Trump National Golf Club in New Jersey, according to the Wall Street Journal.

“What you have built is truly an inspiration,” he said.

Going back to North Korea, in his speech, Trump painted a bleak picture of life in North Korea: citizens, he said, bribe government officials to be sold into slavery rather than remain in their own country, and “ethnically inferior” unborn children are aborted, or killed after birth.

That said, Trump, whose strategy has stressed sanctions and military pressure instead of diplomacy, did not spell out any new approach. This is problematic as North Korea has made clear it has little interest in negotiations at least until it develops a nuclear-tipped missile capable of hitting the U.S. mainland, something U.S. intelligence officials say it may be just months away from achieving.

North Korea is a country ruled by a cult,” Trump concluded his speech which was interrupted several times by applause and ended with a standing ovation.

Trump’s 35-minute address to the South Korean National Assembly was the last major event of his roughly 24 hours in the country. The president departed shortly afterward for China, the third of five countries he plans to visit on his 10-day swing through Asia.

Following the speech, the US and South Korea released a joint statement, pledging “to maintain close consultation, coordination, and cooperation on North Korea policy.

NEW: Following Pres. Trump’s visit, U.S. and South Korea release joint statement pledging “to maintain close consultation, coordination, and cooperation on North Korea policy.” https://t.co/YbIUI9FNiv pic.twitter.com/CK1X1PwxFB

— ABC News (@ABC) November 8, 2017

After Trump’s speech ended, the North’s Central News Agency responded with a statement accusing Trump of being a “political heretic” and a “lunatic old man”.

North Korea, meanwhile, said it was entirely Washington’s responsibility to control the situation to avoid a “horrible nuclear disaster and tragic doom.”

 

“The world is undergoing unprecedented throes because of Trump, a notorious political heretic,” state-run newspaper Minju Joson said in a commentary Wednesday, according to the Korean Central News Agency.

 

The U.S. must oust the lunatic old man from power and withdraw the hostile policy towards the DPRK at once in order to get rid of the abyss of doom,” it added, using an abbreviation for the country’s formal name, the Democratic People’s Republic of Korea.

Trump left South Korea Wednesday morning and headed to China, where he and Chinese President Xi Jinping continued their “bromance” that began when Xi visited Mar-a-Lago back in April, where the two world leaders famously bonded over a large slice of chocolate cake. Trump and his counterpart share a mutual admiration that is strengthened by the fact that both Trump and his daughter, Ivanka Trump, are widely loved and respected by the Chinese people. In keeping with Xi’s promise to create a “state-visit-plus” for Trump, the two leaders made small talk as they toured the Forbidden City – which was shut down to tourists – with their wives before taking in a Chinese opera performance. While the sprawling palace complex in the political and cultural heart of Beijing is a regular stop for visiting dignitaries, it is rare for a Chinese leader to act as a personal escort.

During his two-day visit, Trump will ask China to abide by U.N. resolutions and cut financial links with North Korea, a senior White House official said on the plane from Seoul. He also plans to discuss with Xi the long-contentious trade imbalance. The two leaders are set to hold formal talks on Thursday, where the issues of containing North Korea and mitigating the massive Chinese trade surplus with the US are expected to dominate the conversation.

China has long encouraged the US and the North to pursue a diplomatic solution, Trump believes any talks with North Korea would require it to reduce threats, end provocations and move toward denuclearization, and that no deal can be achieved without denuclearization. The Trump administration also suspects that China has been continuing its support for the North despite the stringent UN sanctions that China, which has permanent veto power at the Security Council, voted to approve in September following the North’s latest nuclear test.

Trump, Reuters said, will try to convince Xi to squeeze North Korea further by limiting oil shipments and financial transactions. However, it is not clear if Xi, who has just consolidated his power at a Communist Party congress, will agree to do more. Because as much as the North has become a diplomatic nuisance, China believes it must continue to prop up the regime, or else lose its buffer against US forces in South Korea.

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British Woman Faces Execution In Egypt For Bringing Painkillers For Her Husband’s Bad Back

November 8, 2017 Tyler Durden 0

Authored by Ian Miles Cheong via The Daily Caller,
A British woman has been arrested upon her arrival in Egypt for bringing a box of painkiller medication into the country for her husband’s back pain. Now she faces the possibility of execution.

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