Month: November 2018

Mueller’s mere existence protects: Comey, McCabe, Strzok, Baker, Kortan, Rybicki, Yates, Carlin, McCord, Laufmann, Brennan, Clapper, Rice, Warner

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by sundance Former FBI Director James Comey filed a motion today to avoid a congressional subpoena requiring testimony on December 5th to a joint House committee. James Comey is attempting to limit his legal risk exposure by controlling the venue for testimony. (Tweet Link – Document Link) In an open or public hearing classified information cannot be discussed. The primary … Read more

The only places I was able to find any references to this story was at the right-leaning Washington Examiner and the blogosphere.

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JAZZ SHAW: Well, Look Who Was Sneaking Into The US With The Caravan. You’ll never guess. Or maybe you will: When the media was showing all of the pictures of women and children in the caravan and chastising the White House for saying the group contained gang members, I guess the photographers somehow missed this guy. … Read more

This move would put Japan back in the power projection business in a way it hasn’t been since the Great Mariannas Turkey Shoot of 1944.

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SURPRISING EXACTLY NO ONE WHO’S BEEN PAYING ATTENTION: Japan preparing to put US-designed stealth jets on an ‘aircraft carrier.’ Japan is preparing an order for roughly 100 US-designed F-35 stealth fighter jets in a deal that could potentially upend the balance of power in Asia, according to sources familiar with the process. That order would include … Read more

US Bank Reserves 10% – EU Bank Reserves 1%

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by Martin Armstrong QUESTION: What mechanism prevents banks from creating fraudulent electronic deposits of currency? As an IT systems admin, I have the ability to add / subtract / adjust ERP systems inventory / costing outside the normal users ability. I could add widgets to the system at will, but fraud can’t be sustained very long, … Read more

America Needs a New National Strategy

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by Charles Hugh-Smith A productive national Strategy would systemically decentralize power and capital rather than concentrate both in the hands of a self-serving elite. If you ask America’s well-paid punditry to define America’s National Strategy, you’ll most likely get the UNESCO version: America’s national strategy is to support a Liberal Global Order (LGO) of global cooperation … Read more

The Father of Index Funds Sounds a Warning on Index Funds

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by cyclonenation04 TL/DR: Due to the significant growth of index fund use, voting rights and control of public companies are held by an ever shrinking group of index fund managers (Vanguard, Blackrock, Fidelity, State Street) https://www.wsj.com/articles/bogle-sounds-a-warning-on-index-funds-1543504551?mod=mhp https://outline.com/DGK9Td (if paywall) There no longer can be any doubt that the creation of the first index mutual fund was … Read more

The economy is getting worse. What this means for stocks

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by Troy The U.S. economy is starting to deteriorate, which is what typically happens in the last year of a bull market. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month. *Probability ≠ certainty. … Read more

Intergenerational Conflict Will Get Worse

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by Jeff Deist via Mises Wire The excellent British online magazine Spiked recently published this article warning about deteriorating attitudes toward elderly people in the UK.  As the article points out, there is more to the problem than logistical and financial concerns about providing socialist medical care to an aging population. Nor do increasing lifespans in the West, with attendant increases in loneliness and age-related morbidity, … Read more