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  • World's Rarest Whiskey Collection, Including Two $2 Million Bottles, Slated For Auction Early Next Year

    Dec 11, 2019 | 10:15 am

    World's Rarest Whiskey Collection, Including Two $2 Million Bottles, Slated For Auction Early Next Year World's Rarest Whiskey Collection, Including Two $2 Million Bottles, Slated For Auction Early Next YearRichard Gooding had one of the most famous whisky collections in history. In fact, before passing away in 2014, he spent years at distilleries in Scotland and at auctions building his 3,900 bottle collection, including some of the rarest bottles in the world.Two of those bottles could fetch $2 million at auction, according to Bloomberg. At the beginning of next year, his bottles will become the largest private whisky collection to ever hit the auction block. The collection includes extreme rarities from names like Macallan, Bowmore and Springbank.Collectors continue to drive the prices of old, rare single malt scotch to record prices. Back in October, we noted that Sothby's auctioned off 467 bottles owned by another American collector, including a 1926 Macallan Fine & Rare 60 Year Old, for $1.9 million. The Gooding collection will feature two such bottles of the same Macallans, one of which bears a label created by Italian pop art painter Valerio Adami. Only a dozen of the Adami bottles were made and one of them was destroyed in a 2011 earthquake in Japan. Becky Paskin, a scotch consultant and writer said: “The amount of people[…]

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  • 'Deadly Delusions': Europe's Deradicalization Programs

    Dec 11, 2019 | 09:30 am

    'Deadly Delusions': Europe's Deradicalization Programs 'Deadly Delusions': Europe's Deradicalization ProgramsAuthored by Giulio Meotti via The Gatestone Institute,It was a tragedy of good intentions. "Jack Merritt died in the London Bridge attack. Don't forget what he stood for", Emma Goldberg wrote in The New York Times. Merritt was one of the two victims of Usman Khan, an Islamic terrorist who struck on London Bridge on November 29. The other victim was Saskia Jones, a student at the conference targeted by the jihadist. They both dreamed of working to save and protect their murderer.London had been hosting the fifth anniversary of Learning Together, an event in which ex-prisoners, staff members, students and criminology experts came from all over the country to celebrate the success of their initiative to deradicalize jihadists. Khan had been present as a model of the recovery program. In 2012, Khan was sentenced to prison for plotting to blow up first the London Stock Exchange, then London's Mayor at the time, Boris Johnson, and then the London Eye ferris wheel. According to the Daily Telegraph, Learning Together used Khan as a "case study" on how reintegration programs in society work. He had even written a poem and a note of thanks to the organizers, on a computer made available to him[…]

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  • "Choose Huawei Or Else": Danish Island Chain Threatened By China Over 5G Roll Out

    Dec 11, 2019 | 08:45 am

    "Choose Huawei Or Else": Danish Island Chain Threatened By China Over 5G Roll Out "Choose Huawei Or Else": Danish Island Chain Threatened By China Over 5G Roll Out"Choose Huawei or else" — Denmark's tiny self-governing archipelago of the Faroe Islands has reportedly been threatened by Beijing over plans for Chinese telecom giant Huawei's 5G roll out in the island autonomous region which lies halfway between Norway and Iceland.The major Danish national daily newspaper based in Copenhagen, Berlingske, broke the story based on a recording of China's ambassador to Denmark making a quid pro quo threat after the Faroe Islands promised 5G by 2020 to all of its citizens.The threat, involving dangling a free trade agreement before local officials, was reportedly caught on tape, but an ongoing legal battle has prevented its release. Huawei advertisement in Copenhagen's popular Nyhavn district — a testament to China's investment in Denmark. Image source: Defense NewsAccording to a rough English translation of the Berlingske exclusive:The Chinese ambassador to Denmark, Feng Tie, has directly threatened top people in the Faroese government to secure a strategically important contract for Chinese telecom giant Huawei. If the company did not get the contract, the Chinese government would drop a free trade agreement with the Faroe Islands.This is evidenced by a hitherto unreleased sound recording obtained by Berlingske.It is the first to reveal of how the Chinese government has[…]

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  • Ukrainian Military After 5 Years Of Warfare

    Dec 11, 2019 | 08:00 am

    Ukrainian Military After 5 Years Of WarfareSubmitted by South Front,Prior to the Maidan coup of 2014, Ukraine’s military existed in a political vacuum, suffering from benign neglect as well as corruption and other problems plaguing the Ukrainian state. Apart from downsizing, which meant the replacement of divisions by brigades, no modernization was conducted in the years of independence. While Ukraine did contribute to a variety of international missions, even sending a small contingent to Afghanistan and Iraq, these units came from various elite components of the armed forces. The rank-and-file mechanized and armored brigades simply languished under successive Ukrainian governments.Kiev’s bid to mobilize its military resources after 2014 has enjoyed mixed fortunes. On the one hand, Ukraine did benefit from massive stockpiles of relatively modern weapons left over from the Soviet era. They gave a seemingly inexhaustible supply of weapons and spare parts to flesh out existing units and assemble new ones. In practice, however, neglect of the stored equipment and the limited capacities of Ukraine’s manufacturing and repair infrastructure meant that the losses incurred during the battles of 2014 and 2015 could only partly be replaced, and even then only with inferior equipment.  While Ukraine does have the ability[…]

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  • As Prices Skyrocket, China Claims It Doesn't Need US Pork To Ensure Domestic Supply 

    Dec 11, 2019 | 07:00 am

    As Prices Skyrocket, China Claims It Doesn't Need US Pork To Ensure Domestic Supply  As Prices Skyrocket, China Claims It Doesn't Need US Pork To Ensure Domestic Supply The Global Times is out with a new opinion piece on Tuesday morning, stating how China will expand its pork imports with Brazil rather than the US. We've been covering this trend for the last several months, while the Trump administration continued to promote headlines indicating China was buying massive amounts of agriculture products from the US, including pork and soybeans. But as we noted, this wasn't the case, and China abandoned US markets for Brazil. In early Nov., China signed the first-ever trade deal with Brazil to start receiving shipments of swine offal, or organ meats (hearts, tongues, stomachs, and entrails).BS SA and BRF SA are the Brazilian meat companies that will start sending pig byproducts to China. As we've noted in the past, the US has likely lost its label as the top producer in supplying China with agriculture products because of the trade war, which has led to a decoupling of both economies and forced China to head to South America for new sourcing channels. China's "pig Ebola" wiped out about half of the country's breeding pig population so far this year, forcing pork spot prices to hyperinflate, which resulted in the consumer[…]

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  • 2019 Was A Year Of Global Unrest... And 2020 Is Likely To Be Worse

    Dec 11, 2019 | 05:45 am

    2019 Was A Year Of Global Unrest... And 2020 Is Likely To Be Worse 2019 Was A Year Of Global Unrest... And 2020 Is Likely To Be WorseAuthored by Tony Walker via The Conversation,2019 may well go down as the most disrupted year in global politics since the fall of the Berlin wall in 1989 and the subsequent implosion of the former Soviet Union.However, the likelihood is that 2020 will be worse, and bloodier.Conditions that spawned global unrest on every continent in 2019 are unlikely to recede. Rather, they are likely to worsen in the face of a slowing global economy and little sign of causes of disaffection being addressed.Washington as disruptorIn a word, the world is in a mess, made more threatening by the retreat of the Trump administration from America’s traditional role as a stabilising force.President Donald Trump has moved the US away from its traditional role of global stabilising force. AAP/EPA/Kevin DietschIf anything, Washington is a disruptor in its abandonment of international agreements. These include: the Paris Agreement on climate change and the Comprehensive and Progressive Agreement for Trans Pacific Partnership, previously the Trans Pacific Partnership, aimed at liberalising Asia-Pacific trade. The US has also withdrawn from the Joint Comprehensive Plan of Action (JCPOA) that froze Iran’s nuclear ambitions.Washington’s defenestration of the JCPOA and its reimposition of tough sanctions on Iran has[…]

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  • Trump Shuts Down WTO Appeals Court, Sending EU, China Scrambling For 'Plan B'

    Dec 11, 2019 | 05:25 am

    Trump Shuts Down WTO Appeals Court, Sending EU, China Scrambling For 'Plan B' Trump Shuts Down WTO Appeals Court, Sending EU, China Scrambling For 'Plan B'Axios certainly has the best intro to today's bombshell development: "Internationalists have always dreamed of a court with jurisdiction over all the countries of the world. In 1995, the World Trade Organization was created — allowing the world's countries to press claims against one another for the first time." But it won't survive the Trump presidency as on Tuesday his administration has effectively brought it to an end, neutering its ability to intervene in trade wars, having blocked all new appointments to its dispute-resolution court.WTO file image via Shutterstock.Starting two years ago the US administration began blocking appointments, and now Trump has run out the clock as the now paralyzed WTO’s Appellate Body over that period declined from seven judges to three, and with two more terms expiring Tuesday, only one judge remains, thus without the ability to issue a binding ruling. Also per Axios:Donald "Tariff Man" Trump (his words) can now impose whatever tariffs he likes, without fear that the WTO might find them to be illegal.However, there's widespread perception that the WTO has been rendered obsolete until it undertakes major reforms — for example criticisms that it frequently fails to abide by its own rules,[…]

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  • Escobar: What Really Happened In Iran?

    Dec 11, 2019 | 05:05 am

    Escobar: What Really Happened In Iran? Escobar: What Really Happened In Iran?Authored by Pepe Escobar via The Saker blog,On November 15, a wave of protests engulfed over 100 Iranian cities as the government resorted to an extremely unpopular measure: a fuel tax hike of as much as 300%, without a semblance of a PR campaign to explain the reasons.Iranians, after all, have reflexively condemned subsidy removals for years now – especially related to cheap gasoline. If you are unemployed or underemployed in Iran, especially in big cities and towns, Plan A is always to pursue a second career as a taxi driver.Protests started as overwhelmingly peaceful. But in some cases, especially in Tehran, Shiraz, Sirjan and Shahriar, a suburb of Tehran, they quickly degenerated into weaponized riots – complete with vandalizing public property, attacks on the police and torching of at least 700 bank outlets. Much like the confrontations in Hong Kong since June.President Rouhani, aware of the social backlash, tactfully insisted that unarmed and innocent civilians arrested during the protests should be released. There are no conclusive figures, but Iranian diplomats admit, off the record, that as many as 7,000 people may have been arrested. Tehran’s judiciary system denies it.According to Iran’s Interior Minister Abdolreza Rahmani Fazli,[…]

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  • Lavrov Mocks Media Frenzy Over "Secrets" Exchanged During "Normal" Diplomatic Meeting With Trump

    Dec 11, 2019 | 04:45 am

    Lavrov Mocks Media Frenzy Over "Secrets" Exchanged During "Normal" Diplomatic Meeting With Trump Lavrov Mocks Media Frenzy Over "Secrets" Exchanged During "Normal" Diplomatic Meeting With TrumpLittle has been revealed in terms of precise statements or any potential diplomatic breakthroughs following Russian Foreign Minister Sergei Lavrov's closed-door, no press admitted meeting with President Trump on Tuesday. But the predictable outraged frenzy given the timing didn't disappoint, with CNN pointing out "the extraordinary spectacle of President Donald Trump consulting with Moscow on the day House Democrats unveiled articles of impeachment underpinned partly by Trump's unusual relationship with Russia."Via the White HouseOn that note, Lavrov did punch back on the 'Russiagate' narrative in general as well as the notion that a mere diplomatic meeting would suggest a 'compromised' White House, saying in a joint press conference with Secretary of State Pompeo that his county's alleged election interference is "baseless" and any level of proof "simply does not exist".Russian Foreign Minister Sergey Lavrov: "We have highlighted once again that all speculation about our alleged interference in domestic processes in the US are baseless. There are no facts that would support that ...no one has given us this proof because it simply does not exist" pic.twitter.com/LiUItaj1Ch— Aaron Rupar (@atrupar) December 10, 2019This after Rep. Adam Schiff slammed the high level meeting as "a success[…]

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  • These Secretive Oil Companies Control $3 Trillion In Wealth

    Dec 11, 2019 | 04:25 am

    These Secretive Oil Companies Control $3 Trillion In Wealth These Secretive Oil Companies Control $3 Trillion In WealthAuthored by Anes Alic via OilPrice.com,They control the vast majority of the world’s oil and gas assets, yet the average person has never even heard of them, outside of those that are famous for things like getting attacked by missiles or becoming embroiled in a high-profile corruption scandal. State-owned oil and gas companies (aka, the national oil companies, or NOCs) control at least US$3 trillion in oil and gas assets, compared to around $2.5 trillion as of 2017, and hold an estimated 90% of all known reserves--considerably more than publicly listed companies such as BP, ExxonMobil and Shell. Meanwhile, Saudi Aramco leads the pack as the world’s most profitable company. That means that NOCs control about as much wealth as all U.S. billionaires or roughly twice the assets of global multilateral development banks. Source: Resourcegovernance.orgIf we go by annual revenue alone, China’s state-run Sinopec—explorer, producer, refiner, marketer and distributor—was the biggest oil and gas company in the world at the end of 2018. By net income, that title goes to Saudi Aramco, which reported net income in 2018 of $111.1 billion, compared to Sinopec’s $9.1 billion. These numbers may seem a bit wild, but no one really ever knows where they come from or how they[…]

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  • WSJ Blasts "Willing Press Echo Chamber" For Enabling Schiff To "Distort Truth For Political Gain"

    Dec 11, 2019 | 04:05 am

    WSJ Blasts "Willing Press Echo Chamber" For Enabling Schiff To "Distort Truth For Political Gain" WSJ Blasts "Willing Press Echo Chamber" For Enabling Schiff To "Distort Truth For Political Gain"With Bloomberg News now banned from Trump campaign events, after openly admitting its political bias, and with the likes of Harwood and Todd now fully paid up members of the resistance, there has been one voice from the establishment media that has remained quietly 'balanced', quietly not-activist, and quietly reporting the news.The Wall Street Journal has lambasted President Trump for his trade war, anguished over his manner, and criticized many of his actions as President; but, unlike the rest of the mainstream media, they have also acknowledged his successes, reported the facts about various left-wing conspiracies (as opposed to amplified them), and has not been afraid to stand alone as a quasi voice of reason amid the most-polarized environment this nation has known since the Civil War.All of which is background for what The Journal did tonight as its Editorial Board dared to go after two 'untouchables' - Rep. Adam Schiff and the Washington press corps.In a stunning rebuke of both, an op-ed details how the Horowitz report exposes the Democrat's many distortions. They begin with a jab-jab-cross..."Monday's Justice Department Inspector General report on the FBI’s[…]

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  • Jonathan Turley: "They Even Threatened My Dog" For Defending Trump At Impeachment Hearings

    Dec 11, 2019 | 03:45 am

    Jonathan Turley: "They Even Threatened My Dog" For Defending Trump At Impeachment Hearings Jonathan Turley: "They Even Threatened My Dog" For Defending Trump At Impeachment HearingsAuthored by Paul Joseph Watson via Summit News,Law professor Jonathan Turley revealed that even his dog was violently threatened after he testified in favor of President Trump during the impeachment hearings.Turley already spoke about death threats he received following his testimony last week, but went further in an interview with CBS anchor Norah O’Donnell.“I know you received a lot of threats after what you did last week,” O’Donnell told the George Washington University law professor.“And my wife and dog,” Turley responded.“To be fair, you did talk about them during your testimony. You did bring up your wife and dog,” O’Donnell said.“Who would shoot a Goldendoodle?” Turley asked in response.“Maybe a Shih Tzu, but not a Goldendoodle. I don’t understand where the anger comes from. Although as an academic, the thought that you could talk about James Madison and that would be fighting words is something I haven’t seen outside of a law school.”The violent anger directed towards Turley came as a result of him challenging the impeachment process and arguing that there was not enough evidence to impeach President Trump.*  *  *My voice is being silenced by free[…]

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  • CBP Baltimore Breaks Record For Recovered Outbound Stolen Vehicles, 95% Of Cars Headed To Africa 

    Dec 11, 2019 | 03:25 am

    CBP Baltimore Breaks Record For Recovered Outbound Stolen Vehicles, 95% Of Cars Headed To Africa  CBP Baltimore Breaks Record For Recovered Outbound Stolen Vehicles, 95% Of Cars Headed To Africa U.S. Customs and Border Protection (CBP) - Baltimore Service Port has reported a new record in the number of stolen vehicles being exported from the US. CBP said 246 stolen vehicles, worth over $10.3 million, have been recovered at seaports in Baltimore, Wilmington, Del., and Philadelphia in 2019.Baltimore ranks second nationally behind New York, in which 257 stolen vehicles were recovered in 2019.Nationwide, more than 1,000 vehicles have been recovered during import and export inspections, with a majority of the vehicles recovered on East Coast ports. CBP said it has been a record year for recoveries in Baltimore, Philadelphia, and Wilmington. Recoveries this year are up 112% over last year's figures. At least 66% of the recoveries occurred at the Port of Baltimore. The agency blamed transnational criminal organizations (TCOs) that operate up and down Interstate-95 for the jump in stolen vehicles."Export examinations are a critical component to Customs and Border Protection's border security mission. Transnational criminal organizations use stolen vehicles as currency and they conceal illicit revenue from their illegal activities in outbound cargo," said Casey Durst, Director of Field Operations for CBP's Baltimore Field Office. "CBP officers remain[…]

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  • Dem Congressman: Impeach Trump To Heal The Wounds Of Slavery

    Dec 11, 2019 | 03:05 am

    Dem Congressman: Impeach Trump To Heal The Wounds Of Slavery Dem Congressman: Impeach Trump To Heal The Wounds Of SlaveryAuthored by Graham Noble via LibertyNation.com,It is hardly a surprise when Democrats accuse President Donald Trump of some terrible act. Nor is it shocking to hear the president incriminated for all manner of terrible and tragic events. But to witness a Democrat member of Congress blame Trump for slavery is too much of a stretch. Yet, Rep. Al Green (D-TX) is doing just that – or at least drawing a bizarre link between slavery and the current commander in chief.Green, with a largely unremarkable political career, is now well known for one thing: his obsession with seeing this president impeached. The representative repeatedly and unsuccessfully introduced motions to impeach Trump – long before any phone calls to Ukrainian presidents.Green’s Ridiculous ObsessionThe congressman did have the courage to say what most Democrats seem to have been thinking for months and what drives the effort to remove the president from office: that his party must impeach Trump to prevent him from winning a second term in 2020. More recently, Green has suggested that should the president survive a Senate trial – which seems fairly certain – the Democrats could and should impeach Trump again, taking[…]

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  • Repocalypse 2.0 On Deck? "Turn" Repo Rates Are Blowing Out

    Dec 11, 2019 | 02:44 am

    Repocalypse 2.0 On Deck? "Turn" Repo Rates Are Blowing Out Repocalypse 2.0 On Deck? "Turn" Repo Rates Are Blowing OutEarlier today, repo market icon Zoltan Pozsar scared the living daylights out of cross-asset traders everywhere with what could be called a doomsday prediction in which the former NY Fed and Treasury staffer warned that as a result of collapsing systemic liquidity and a drought of "excess reserves", the coming days could see a lock up in the FX swap market (in the process sending the US Dollar soaring), which would then translate to a violent deleveraging of massively levered hedge funds, and a liquidation first in the bond then stock market.Yet while Pozsar had seemingly no concerns staking his hard-earned reputation on the outcome of a potentially catastrophic event that would subsequently be used by the Fed as a catalyst for QE4, he was far less confident about "when" it would occur:it’s hard to have a definitive answer: it depends. It depends on how equities do, which depends on the trade deal and other random tweets. It depends on how auctions go, which depends on the equity market and the curve slope relative to actual funding costs.Still, now that the genie is out of the bottle, everyone will become a[…]

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  • The Good, The Bad, & The Ugly In NAFTA 2.0

    Dec 11, 2019 | 02:05 am

    The Good, The Bad, & The Ugly In NAFTA 2.0 The Good, The Bad, & The Ugly In NAFTA 2.0Authored by Mike Shedlock via MishTalk,Democrats agree to pass USMCA, Trump's NAFTA replacement.Goodbye NAFTA, Hello USMCAIn what "seemingly" constitutes a major victory for Trump, Democratic Lawmakers Agree to Support North America Trade Pact.House Democrats agreed to support the new U.S. trade deal with Mexico and Canada, marking a victory for President Trump who ran for office in 2016 on a pledge to remake or blow up the North American Free Trade Agreement.House Speaker Nancy Pelosi called the new version of the U.S.-Mexico-Canada Agreement a “victory for American workers” at a Tuesday morning news conference. The pact will replace Nafta when ratified and contains provisions aimed at creating more manufacturing jobs, for example, by increasing the proportion of vehicles that must originate in North America for the cars and trucks to receive duty-free treatment.It also includes updated labor rules and beefed-up enforcement provisions to hold firms in Mexico to account on labor, according to people familiar with the emerging deal.USMCA had long been supported by Republicans and leading business trade groups but opposed by Democrats over concerns such as the legal language enforcing new labor rules. The Democratic approval Monday comes as a[…]

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  • Yuan Tumbles After Navarro Warns "No Indication That Tariffs Will Be Delayed"

    Dec 11, 2019 | 01:52 am

    Yuan Tumbles After Navarro Warns "No Indication That Tariffs Will Be Delayed" Yuan Tumbles After Navarro Warns "No Indication That Tariffs Will Be Delayed"While US equity futures have barely dipped, offshore yuan has tumbled - erasing the earlier optimistic spike - after White House Trade Advisor Peter Navarro told Fox News that he has "no indication that December tariffs will not be put on."Additionally Navarro said that China "was trying to shape the narrative on trade talks to affect the futures market," and that is up to the Chinese if a trade deal can get done.Yuan erased all of the gains from China's comments this morning...Source: BloombergAnd while Yuan plunged, Dow futs dropped only 30 points (for now)... Tyler DurdenTue, 12/10/2019 - 19:52TagsBusiness Finance

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  • Senate Republicans To Let Bidens Off The Hook? May Skip Witnesses In 'Expedited' Impeachment Trial

    Dec 11, 2019 | 01:45 am

    Senate Republicans To Let Bidens Off The Hook? May Skip Witnesses In 'Expedited' Impeachment Trial Senate Republicans To Let Bidens Off The Hook? May Skip Witnesses In 'Expedited' Impeachment TrialWhile House Democrats are about to impeach President Trump for asking Ukraine to investigate the Bidens for what looks like obvious corruption -  Senate Republicans have no interest in calling witnesses to determine whether Trump's request was justified in the first place.According to the Washington Examiner, the GOP-controlled Senate have no plans to call key witnesses to testify in an impeachment trial. This means Joe Biden, Hunter Biden, John Kerry's stepson, Alexandra Chalupa and Ukrainian prosecutors involved in the Burisma case won't set foot in the Senate.Their reasoning? Senate Republicans have "no appetite" for it.Senate impeachment rules require a majority vote to call witnesses, and with just two out of 53 votes to spare, there is no “appetite” among Republicans to pursue testimony from people that Democrats blocked Republicans from subpoenaing during the House investigation. Indeed, Republicans might forgo calling witnesses altogether, saying minds are made up on Trump’s guilt or innocence and that testimony at trial on the Senate floor would draw out the proceedings unnecessarily. -Washington ExaminerInstead, top Senate Republicans are leaning towards calling a quick vote to acquit Trump once House Democrats and[…]

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  • Paul Volcker: The Last Of His Kind

    Dec 11, 2019 | 01:25 am

    Paul Volcker: The Last Of His Kind Paul Volcker: The Last Of His KindAuthored by Jim Rickards via The Daily Reckoning,One of the most important figures in the history of U.S. monetary policy, Paul Volcker, died Sunday at the age of 92.Volcker is famous for having raised interest rates all the way to 20% in June 1981, the highest rates since the Civil War.His actions are widely credited for ending the great inflation of the 1970s and setting the stage for the Reagan economy of the ’80s (although his sky-high rates nearly sank the economy at first).Volcker didn’t kill inflation right away — it took another couple of years to finally end it, but rates were never that high again.Volcker had a solid understanding of inflation and had opposed going off the gold standard in 1971.He was one of the people in the room at Camp David when Nixon made the decision to close the gold window. He was actually one of the move’s primary strategists.People assume Nixon and his team intended to permanently sever the dollar from gold. But it’s not true.What Nixon actually said — and Paul Volcker confirmed this when I spoke to him — is that they didn’t think the U.S. was permanently[…]

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  • "Unprecedented" China Auto Market Collapse Heads Into Third Year After November Sales Drop 4.2%

    Dec 11, 2019 | 01:05 am

    "Unprecedented" China Auto Market Collapse Heads Into Third Year After November Sales Drop 4.2% "Unprecedented" China Auto Market Collapse Heads Into Third Year After November Sales Drop 4.2%The ongoing recession in the global auto market has undoubtedly been lead by China - and if November's trends are any indication, the entire industry could be setting up for an ugly 2020. Sales of sedans in China fell 4.2% in November to 1.97 million units, according to the CPCA on Monday.This marks the 17th decline in the last 18 months and all but ensures that China will see a second straight annual drop for its auto market, according to Bloomberg. Last year was the first time the market shrunk in decades, with ripple effects extending to places like Europe, Latin America and the rest of Asia. The industry has faced headwinds in the ongoing trade war, in addition to an overstretched consumer and ride-hailing and car-sharing services. Areas outside of China's big cities suffered the most, as a slowing economy kept consumers out of the showrooms that sold cheaper local brands. Experts are predicting consolidation in the industry as a result. Some brands, like Suzuki and PSA Group, have pulled out of China (or are in the process of selling stakes). Bigger names like Toyota and BMW have weathered the[…]

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  • University Departments Ditch Genderless-Term "Alumni"... For Genderless-Term "Alumnx"

    Dec 11, 2019 | 00:45 am

    University Departments Ditch Genderless-Term "Alumni"... For Genderless-Term "Alumnx" University Departments Ditch Genderless-Term "Alumni"... For Genderless-Term "Alumnx"Authored by Jeremiah Poff via The College Fix,Latin derived word is originally genderless..College departments across the country are avoiding the term “alumni,” opting instead to use “alumnx,” even though the original term is gender neutral.A Google search of the term “alumnx” returns a long list of results from American colleges using the term, though most are specific to departments and specialized resource centers. They include the University of California-San Diego, Syracuse University, University of Michigan and Loyola University of Maryland, primarily on LGBTQ+ resource pages.The term “alumni” is a latin word that derives from the root word “alumnus,” meaning “pupil,” according to the online etymology dictionary. “Alumni” is the gender-neutral plural form of the word. Some websites use “alumnx” and “alumni” interchangeably.The discovery was made Sunday by Jordan Lancaster, a freelance contributor to The Daily Caller and Washington Examiner. She tweeted a series of screenshots from different schools with the caption “seize the endowments.” They included images from Rutgers University, UC-San Diego, UMich and Vermont College of Fine Arts.seize the endowments pic.twitter.com/ubhMeFqzqM— Jordan Lancaster (@jordylancaster) December 8, 2019The tweet drew attention from many conservative users, who mocked the practice. Lancaster called it “an issue that only matters to people extremely[…]

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  • FISA Report Reveals Clinton Meddled In 2016 Election

    Dec 11, 2019 | 00:33 am

    FISA Report Reveals Clinton Meddled In 2016 Election FISA Report Reveals Clinton Meddled In 2016 ElectionIf Russia spending $100,000 on Facebook ads constitutes election interference, and Donald Trump asking Ukraine to investigate the Bidens is too - then Hillary Clinton takes the cake when it comes to influence campaigns designed to harm a political opponent.Contained within Monday's FISA report by the DOJ Inspector General is the revelation that Fusion GPS, the firm paid by the Clinton campaign to produce the Steele dossier, "was paying Steele to discuss his reporting with the media." (P. 369 and elsewhere)(h/t @wakeywakey16)And when did Steele talk with the media (which got him fired as an FBI source)? September of 2016, roughly six weeks before the election.One of the more damaging articles to result from these meetings was authored by Yahoo News journalist Michael Isikoff, who said in an interview that he was invited by Fusion GPS to meet a "secret source" at a Washington restaurant.That secret source was none other than Christopher Steele, a former MI-6 Russia expert who fed the Isikoff information for a September 23, 2016 article - which would have had far greater reach and impact coming from such a widely-read media outlet vs. $100,000 in Russian-bought Facebook ads.Isikoff's article[…]

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  • Meat Prices Spike 8% In Brazil, Threatening A Holiday-Gathering Mainstay For Many

    Dec 11, 2019 | 00:25 am

    Meat Prices Spike 8% In Brazil, Threatening A Holiday-Gathering Mainstay For Many Meat Prices Spike 8% In Brazil, Threatening A Holiday-Gathering Mainstay For ManyConsumers in Brazil are facing a crisis: barbeques, which are a mainstay of Brazilian cuisine and have inspired countless Brazilian steakhouses, are under threat.The price of beef, pork and chicken in the country are experiencing a sharp rise, even while inflation elsewhere in the country remains low, according to Bloomberg. The meats are up 8.1% month over month in November, threatening to take the main course off the table at many Brazilian celebrations this upcoming holiday season. Renata Ziller, a teacher and mother of three in Brasilia, said:“We’ll have to do something with rice, I guess. I’ll have to use some creativity because the prices are so high.”ZillerThe price rise has been a result of increased demand for Brazilian meat from China, in addition a drought impacting the quality of many cattle pastures. The price rise has political and economic implications, Bloomberg writes.Meat was invoked by leftist former President Luiz Inacio Lula da Silva, who said he would fight for the rights of Brazilian workers to “hold family gatherings, have a barbecue, and drink a little beer, which is what makes us happy.”President Jair Bolsonaro also commented on the price[…]

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  • Exposing The Promoters Of Climate Anxiety

    Dec 11, 2019 | 00:05 am

    Exposing The Promoters Of Climate Anxiety Exposing The Promoters Of Climate AnxietyVia Cliff Mass Weather and Climate blog,There is a special place in the underworld for those who promote anxiety, desperation, and terror in the most vulnerable.  A place where the infernal warmth is particularly torrid.And one does not have to spend much time looking for candidates for this netherworld--the front page of the Seattle Times will do fine.On Sunday, our local tabloid featured a story about fearful/desperate folks dealing with their apocalyptic fears about climate change.Courtesy of the Seattle TimesA forest burning behind them. And if that didn't get the message across, a burning world/head within the article made it clear.Courtesy of the Seattle TimesAmong certain vulnerable people in our region, talk of eco-grief and anxiety has become signs of psychological crises. The UW Bothell has entire class given over to eco-grief, and non-profits like Climate Action Families have sessions for folks that are paralyzed with fear and grief over climate change.  Some local Seattle therapists are specializing in climate grief therapy, and even the UW has sessions for students:Unbelievably, even the Pacific Science Center is doing a session on dealing with eco-anxiety (see below).But why stop at the borders of Seattle?Major media from the Guardian to the NY Times[…]

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  • 6 Dead In Hours-Long Shootout At Jersey City Kosher Grocery

    Dec 10, 2019 | 23:58 pm

    6 Dead In Hours-Long Shootout At Jersey City Kosher Grocery 6 Dead In Hours-Long Shootout At Jersey City Kosher Grocery Update 4: Just hours after the shooting began, it looks like the final tallies are in.Reuters reports that six people have been killed, including the two shooters: (those killed include one police officer, three people who were inside the JC Kosher Supermarket when the shooting began, and both of the suspected shooters).Jersey City Mayor Steven Fulop told a news conference that there were multiple people deceased inside the store, where suspects reportedly had holed up and exchanged gunfire with law enforcement in a standoff that lasted for hours.Several news media outlets including the New York Times, reported six people were dead, citing unnamed law enforcement sources, but Reuters could not immediately confirm the number of casualties.The New York Times said the dead included a police officer, three victims who were in the store and two suspected gunmen.Local media also reported the shooting unfolded at or near the JC Kosher Supermarket, though a city official told reporters there was no evidence the bloodshed was terror-related.Two more officers and another bystander were wounded during the hours-long shootoff between police, federal agents and the shooters, who holed themselves up inside the supermarket for[…]

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  • Foreign Nationals on American Military Bases…A Bad Idea

    Dec 10, 2019 | 17:02 pm

    America once again awoke over the weekend; to another sneak attack by a Saudi terrorist, disguised as an ally. Mohammed Alshamrani, a 21-year-old 2nd lieutenant in the Royal Saudi Air Force who was a student naval flight officer of Naval Aviation Schools Command, suddenly opened fired with his smuggled handgun taking the lives of three […]

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  • Leftists Demand Professor Turley Be Fired

    Dec 9, 2019 | 17:24 pm

    George Washington University Law professor Jonathan Turley, a  self-described liberal, has now become “persona non grata” among radical leftists who are now demanding that the acclaimed Constitutional scholar be fired. The congenial 58-year old legal scholar, is frequently called on by congressional committees to testify regarding constitutional and statutory issues, was viciously vilified by rabid […]

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  • Sir Isaac Newton Predicted the End of the World… and It’s Sooner Than You Think!

    Dec 6, 2019 | 17:08 pm

    Sir Isaac Newton is best known for his discovery of gravity, and the contributions he made to physics and mathematics. But, many did not know that he also was a deeply religious man, and he had a dire prediction for the end of the world as per biblical prophecy. In recently discovered papers that Newton […]

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  • Archeologists Find Proof of the Great Flood and Noah’s Ark!

    Dec 6, 2019 | 17:03 pm

    Has a team of Middle-Eastern archeologists found proof of the “Great Flood?” They say they may have, or at least the origins of the biblical story. The researchers have drawn their conclusions based on the discovery of the ancient and well-preserved wreckage of a ship! But before you get too excited, no, they do not […]

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  • Privacy Concerns Over San Diego Smart Streetlights

    Dec 6, 2019 | 17:02 pm

    San Diego, California is proud to be the world’s largest smart city platform but advocates say the drive toward computer-driven interconnectedness is going too far as the city unveils its new streetlight equipped with face recognition software. Claiming energy savings and “new technological opportunities,” the San Diego leaders are “transforming the City’s existing street lighting infrastructure […]

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  • Malaysia Airlines Crash “Was Not an Accident”

    Dec 5, 2019 | 19:49 pm

    There are many that claim the suspicious crash of Malaysia Air MH370 was anything but mysterious. They claim to know that it definitely “was no accident,” and have shown evidence to prove it in a just-released British documentary. Malaysia Airlines Flight 370 went missing on March 8, 2014, while the flight was en route from […]

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  • Bitter and Embattled Fired Navy Secretary Admits Being Part of Deep State

    Dec 4, 2019 | 18:34 pm

    Former Secretary of the Navy Richard Spencer, no doubt suffering from “Trump Derangement Syndrome,” continued his insubordinate and reckless behavior towards the Commander-in-Chief, forgetting once again the chain-of-command, by attempting to elevate himself as equal to the President. The loony bitter and embattled Spencer still smarting after being abruptly fired Sunday by Defense Secretary Mark […]

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  • Democrats Reeling from Growing Opposition to Impeachment

    Dec 3, 2019 | 19:33 pm

    Despite a furious media-supported propaganda campaign, the Democrats’ vaunted impeachment drive against Donald Trump appears to have stalled. Last week, a major national poll found that independents have turned sharply against impeachment, giving Trump the edge among voters overall. The poll conducted by Emerson College found 45 percent of all registered voters are opposed to impeaching […]

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  • Italian Police Raid Extremist Homes Forming New Nazi Party

    Dec 2, 2019 | 18:19 pm

    The unholy alliance that began over 7-decades ago between Germany’s Adolf Hitler and Italy’s Benito Mussolini, may still have their extremist far-right roots embedded deep within those two countries. In a stunning surprise statement Thursday, Italian police confirmed they had disrupted a network comprised of 19 suspected extremists hoping to resurrect once again the Nazi […]

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  • Schiff Suddenly Shifts His View on Impeachment

    Nov 27, 2019 | 03:55 am

    In a not so surprising shift, House Intelligence Committee Chairman Adam Schiff (D-CA) appears to be backpedaling ever so slowly from his orchestrated witch hunt impeachment probe. During his appearance, Sunday morning on CNN’s Jake Tapper News Show, the usually arrogant, self-assured, disingenuous pompous politician seemed to be a bit contrite regarding the issue of […]

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