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Tuesday, February 28, 2017

Trump Speech May Mark Turning Point For Dollar Trend: Here’s What To Look For

Current World Daily
02/28/2017

From ZeroHedge:

If Donald Trump’s speech Tuesday is long on hyperbole and short on details, it may be the end of the dollar’s reflation trade. Dollar-yen traders could be giving the clearest hint on the outcome.

The president’s speech will likely impact the Federal Reserve’s March decision and set the tone for the dollar for the next quarter. Despite the dollar’s slight gains during Monday’s trading, the trend since January is still down.

The president said on Monday his administration cannot do a tax plan without knowing health care costs and he also said he’d spend “big” on infrastructure. Dollar-yen fell after the comments, which may be a harbinger of what’s to come after the speech.

If stimulus plans are predicated on the cost of health care, it could be far off because legislation to amend or repeal Obamacare could prove long and arduous.

Trump’s speech could cement that timeline. If increased spending doesn’t occur until next year, it will give the FOMC more room to postpone until June.

A delay in fiscal stimulus and a patient Fed are two strong reasons to see the Trump reflation trade end because they would cause inflation expectations to slide, culminating in a lower dollar.

The best barometer of late for dollar direction has been the yen and the Ichimoku cloud strategy is suggesting the dollar rally is likely done. Short-term charts show the pair testing below cloud support for the first time since September with little support seen until 110.
Mean reversion analysis agrees. The dollar is trending lower below standard deviation resistance at 113.57 and appears preparing a test toward 108.38, the 12-month average closing price.

Long-term Elliott Wave analysis suggests a similar pattern. Dollar-yen is within its third wave, typically the longest and strongest, a break of the 111.60 intermediate wave support opens a way for a trade to as low as 100.00.

President Trump: Barack Obama Is Behind Leaks and Unrest

Current World Daily
02/28/2017


Today in an interview with Fox & Friends, President Trump was asked if he thinks former President Barack Obama was responsible and behind the constant protests and leaks.

“You never know what’s exactly happening behind the scenes. You know, you’re probably right or possibly right, but you never know.” Trump said, added “I think he is behind it, because his people are certainly behind it. I also think it is politics, that’s the way it is.”

Regarding the continued leaks coming from within the White House, President Trump gave the following statement:

“Some of the leaks possibly come from that group, which are really serious because they are very bad in terms of national security. But I also understand that is politics. In terms of him being behind things, that’s politics. And it will probably continue.”

Monday, February 27, 2017

Deep State War? Russian Officials Keep Dying Unexpectedly

Current World Daily
02/27/2017

From Zero Hedge:
"Six Russian diplomats have died in the last 60 days. As Axios notes, all but one died on foreign soil. Some were shot, while other causes of death are unknown. Note that a few deaths have been labeled “heart attacks” or “brief illnesses.”
1. You probably remember Russia’s Ambassador to Turkey, Andrei Karlov — he was assassinated by a police officer at a photo exhibit in Ankara on December 19.
2. On the same day, another diplomat, Peter Polshikov, was shot dead in his Moscow apartment. The gun was found under the bathroom sink but the circumstances of the death were under investigation. Polshikov served as a senior figure in the Latin American department of the Foreign Ministry.
3. Russia’s Ambassador to the United Nations, Vitaly Churkin, died in New York this past week. Churkin was rushed to the hospital from his office at Russia’s UN mission. Initial reports said he suffered a heart attack, and the medical examiner is investigating the death, according to CBS.
4. Russia’s Ambassador to India, Alexander Kadakin, died after a “brief illness January 27, which The Hindu said he had been suffering from for a few weeks.
5. Russian Consul in Athens, Greece, Andrei Malanin, was found dead in his apartment January 9. A Greek police official said there was “no evidence of a break-in.” But Malanin lived on a heavily guarded street. The cause of death needed further investigation, per an AFP report. Malanin served during a time of easing relations between Greece and Russia when Greece was increasingly critiqued by the EU and NATO.
6. Ex-KGB chief Oleg Erovinkin, who was suspected of helping draft the Trump dossier, was found dead in the back of his car December 26, according to The Telegraph. Erovinkin also was an aide to former deputy prime minister Igor Sechin, who now heads up state-owned Rosneft.
If we go back further than 60 days…
7. On the morning of U.S. Election Day, Russian diplomat Sergei Krivov was found unconscious at the Russian Consulate in New York and died on the scene. Initial reports said Krivov fell from the roof and had blunt force injuries, but Russian officials said he died from a heart attack. BuzzFeed reports Krivov may have been a Consular Duty Commander, which would have put him in charge of preventing sabotage or espionage.
8. In November 2015, a senior adviser to Putin, Mikhail Lesin, who was also the founder of the media company RT, was found dead in a Washington hotel room according to the NYT. The Russian media said it was a “heart attack,” but the medical examiner said it was “blunt force injuries.”
9. If you go back a few months prior in September 2016, Russian President Vladimir Putin’s driver was killed too in a freak car accident while driving the Russian President’s official black BMW  to add to the insanity.
If you include these three additional deaths that’s a total of nine Russian officials that have died over the past 2 years that WeAreChange.com’s Aaron Kesel knows of – he notes there could be more.

As Kesel explains, it’s worth noting that governments, specifically the CIA, have for long periods of time had chemical concoctions that can induce a full systematic shutdown of a person’s nervous system and in some cases cause someone’s’ heart to explode.

Former CIA employee Mary Embree discusses the infamous heart attack gun and how she was tasked with finding a chemical concoction that would cause a heart attack. The weapon was first made public during the Church Committee hearings in 1975 by former CIA director William Colby. It was said to be very lethal and untraceable, by using this weapon a murder is made to look natural while the poison dissolves in hours.

It seems highly unlikely and improbable to write off that six Russian officials would die in under 60 days in such an influx in various different mysterious ways without a catalyst. And let’s not forget RT founder and former Putin aide Mikhail Lesin was founddead in 2015 from a blunt weapon that was originally blamed on a heart attack so assassination can’t be taken off the table and ruled out in any of these cases. Turkey and Russia already accused NATO of a false flag attack killing Karlov the Russian-Turkish Ambassador. NATO also had a dead diplomat Yves Chandelon mysteriously die of a gunshot wound to the head in his car a week before the death of Karlov. Chandelon was the Chief Auditor in charge Of Counterterrorism funding.
“Turkey and Russia have the will not to be deceived by this false flag attack,” they said.
Don’t forget that on Christmas day, a Russian military jet went down over the Black Sea, killing 60 members of the Red Army choir and 33 others that just adds to the massive coincidence list.
On a final note, former acting director of the U.S. Central Intelligence Agency (CIA), Michael Morell openly conspired to “covertly” kill Russians and Iranians in Syria in an August 2016 interview with Charlie Rose. While Morell was talking about killing Russian and Iranian soldiers it is definitely a strange piece to add to this puzzle.

Are we witnessing a battle between the deep state and Russia in a spy versus spy plotline or is this all just a freak coincidence?"

Friday, February 24, 2017

Screaming Man 'Made Bomb Threat' Outside Chicago Trump Tower

Current World Daily
02/24/2017

Listen to the police radio conversation about the threat here (transcription below):
Dispatcher: Alright 10-4. 1814? 44 was that you?
Officer: (inaudible) — me?
Dispatcher: Yeah, I’m sorry. Just couldn’t hear you answering. Listen, I have to send you all the way in the 30 sector. You’re about the only late car I have left. I had a bomb threat, 401 North Wabash. A male checked in this morning and said that he has a bomb inside of his room. [redacted]
Officer: (inaudible) — one more time?
Dispatcher: North Wabash. Room number [redacted] 401 North Wabash.
Dispatcher: Yep. 18-20 a supervisor in 18?
Officer: 30.
Dispatcher: 30, got a bomb threat, 401 North Wabash. Checked, the guest checked in, said he has a bomb in his room.
Officer: I’m on my way.
Dispatcher: Alright.
Officer: (inaudible) I’ll make that a block out.
Dispatcher: Okay. Great.
Officer: Currently I’m walking toward the Trump right now.
Dispatcher: Okay. Great.

Officer: 1800 X-ray?
Dispatcher: 1800, X-ray.
Officer: Have, uh, dogs headed towards the Trump?
Disptacher: Um, let me find out. Is there a unit on the scene at Trump Tower, ‘cause I guess security has the offender in cuffs in the lobby?
Officer: I’m on my way there now. 18-90 is there, he’s up in the apartments. He’s trying to get you on the radio but he can’t. Trying to check to see if you’ve got dogs on the way there.
Officer: OK, we’ll get them rolling.

Officer: 1800 X-ray?
Dispatcher: 1800 X-ray.
Officer: Just let everybody know, too, if anybody’s going to Trump, uh, nobody else, uh, going up. We already have some personnel upstairs. We’re waiting on the dog. But nobody else goes up in the building. Thank you.
Dispatcher: Okay. Anyone else heading over to 401 North Wabash, no need to go up in the building. Except for K9. I’ll let you know when they get there. (edited)

President Trump blasts FBI, says need to find leakers 'NOW'

Current World Daily
02/24/2017

President Trump blasts FBI, says need to find leakers 'now'




Thursday, February 23, 2017

Project Veritas Releases 119 Hours Of Raw Audio From CNN Atlanta Headquarters

Current World Daily
02/23/2017

Project Veritas reports:

"Project Veritas Releases Over 100 Hours of Audio From Inside CNN

James O’Keefe Offers $10,000 Award for Content Which Exposes Media Malfeasance

Anonymous Source Within CNN Provided Audio to Project Veritas
More Audio Yet to be Released in a WikiLeaks Style Dump Project Veritas released 119 hours of raw audio in a WikiLeaks style dump, with over 100 more hours still yet to be released. The audio was secretly recorded in 2009 by an anonymous source inside CNN’s Atlanta headquarters who we are identifying as Miss X. The tapes contain soundbites from current and previous CNN employees Joe Sterling, Arthur Brice, and Nicky Robertson, as well as numerous others. Project Veritas is also offering a $10,000 award for content that exposes media malfeasance. The tapes show CNN’s misrepresentation of polling data:

Miss X: “I read a CNN poll that was taken on June 26 and 28th, and I know that the hearing for the case, the fire fighters case was on the 29th, so the poll was done right before it, and those are still the poll results we’re reporting, so I asked someone in DC who does the poll results about why we hadn’t updated it, and said there were a few newer polls from last week and the week before and there’s CBS news polls and a Rasmussen poll, and he said we don’t use Rasmussen, and I said does CNN plan to do another poll if we’re only using that. He said we’re not going to be doing another poll, those are the results we’ll be using. So I don’t see how that’s reporting all sides because that poll said hold for release until Friday the 10th.”

Arthur Brice: “Who did you talk with?”

Miss X: “Paul [CNN’s Deputy Political Director Paul Steinhauser].”

Arthur Brice: “Yeah, he’s your director. Yeah, he’s pretty high up in the food chain. I agree. I think it’s dishonest to use outdated information if new information shows something that is in variance with what you’re reporting. It’s just, it’s dishonest.”

The same apathy towards reporting accurate poll numbers was seen in the way CNN released inaccurate poll numbers about Supreme Court Justice Sotomayor.

Miss X: “This wasn’t released until two weeks after. So can we say a newly released poll?”

Joe Sterling: “No, you can’t say that. You can’t say that at all. This isn’t a newly released.”

Miss X: “But it says newly released on Friday.”

Joe Sterling: “I know, how did we write about this? Did we write a wire about this? “I don’t think we stand to change how people think of her [Sotomayor]. Geez, I mean if someone picked this up it’s not going to change – it’s not going to change anybody’s opinion.”

Richard Griffiths, who is now CNN’s Vice President and Senior Editorial Director, was caught explaining that the role of a journalist is to “aid the afflicted and afflict the comfortable.”

“If we are journalists, what is our role as a journalist? What is the fundamental role as a journalist, for us to do? “Tell a story. Tell what’s going on. There’s a secondary corollary to that, right? Aid the afflicted and afflict the comfortable. To a degree, right? Is that not part of the traditional role of a journalist. It’s actually one of the things I can be most proud of as a journalist. You know we try to show the ugly side of humanity so we can do something about it. It’s hard, very hard.”

In the secretly recorded tapes, CNN’s liberal, anti-Republican, and anti-Fox News bias is clear. “Fox News, I think Fox News is unbearable. It’s horrible,” said Nicky Robertson, who was at that time the CNN Assignment Desk Editor. Joe Sterling, who was then the News desk editor for CNN’s online venue ‘The Wire’ was also recorded speaking profound liberal bias.

“That issue, climate change, I mean science is pretty much on board and there are a few dissenters. There’s no debate. It’s like you know, born-agains saying there’s a debate over, you know creationism, and all that stuff. There is no debate.”
“Project Veritas is determined to expose malfeasance, corruption and wrongdoing,” said Project Veritas founder and president James O’Keefe. “We want to become a destination where citizen journalists can come forward, work with us and make a real impact. That’s why today, we’re announcing a $10,000 award for anyone that comes forward with legally obtained materials exposing media malfeasance. If you have hidden audio recordings, video tapes or documents inside of a news room or media institution, and the material is good enough, I will pay you $10,000.”"




Tuesday, February 21, 2017

BREAKING: Russian Bank Docs Show How Putin Laundered Money to Hillary & Podesta

Current World Daily
02/21/2017

Jerome R. Corsi from Prisonplanet Reports:
"Now we know why Clinton & Co. were so desperate to frame Trump with ties to Putin

Today Infowars investigative journalist Jerome Corsi met with former vice-head of Armed Services Committee and the House Homeland Security Committee, Curt Weldon, to discuss his committees’ deep research into the Clinton technology transfers to Russia in exchange for Clinton Foundation donations.  Weldon validated much that is presented in the following article, which is part one of a series of investigative articles coming out over the upcoming week based on intel by Weldon and other sources:
WASHINGTON, D.C. – Congress may want to examine concrete evidence showing Russian President Vladimir Putin paying Hillary Clinton and John Podesta for a long time before the mainstream media goes even more overboard trying to fabricate a tie between Putin and President Donald Trump.
Credit: Tom Williams/CQ Roll Call
The money trail hunt begins with a document Infowars has obtained from the Russian Central Bank “Registry of Significant Control,” known generally as the “RSC Registry.”
This document traces the ownership of Metcombank, a relatively small Russian-domiciled bank located in the Russian Ural Mountains, to ownership by Viktor Vekselberg, a Russian billionaire with close ties to Putin.
As we shall see this document provides evidence of the circuitous path the Russian government has been using since Hillary Clinton was secretary of state to make large financial payments to John Podesta and to the Clinton Foundation.

Be sure to keep referring to this document to cross-check as you continue reading the article below.
As the RSC Registry makes clear, Vekselberg has been paying Clinton and Podesta through a complicated money laundering scheme involving Metcombank in Russia, with payments tracing back to the Renova Group, a Russian-based energy and investment international conglomerate also owned by Vekselberg.
A March 1, 2013 article from Russian media in which Vekselberg confirmed the questionable bank deposits.

The funds rediverted to Clinton and Podesta through the Renova Group and Metcombank originate in large part from Rusnano — a state-owned investment fund owned by the Russian government. Conveniently, Vekselberg is a board member for Renova.
A NYT article from April 23, 2015 revealing how Clinton made military transfers to Russia.


The entire scheme involves a Netherlands-listed private company that plays prominently into the international money laundering the Russian government has been conducting through offshore entities in the Cayman Islands, as documented by the Panama Papers.
Money laundering schemes created by professional criminals are typically complicated.  To begin understanding the RSC registry on Metcombank, note that the bottom box on the chart (second page) makes clear that Vekselberg effectively owns 100 percent of Metcombank.
First, the simple part.
Metcombank appears to be the bank Vekselberg has used to make transfers to the Clinton Foundation, with the money flowing first through the Moscow branch of Metcombank, and from there into Deutsche Bank and Trust Company Americas in New York City, finally ending up in a private bank account in the Bank of America that is operated by the Clinton Foundation.
How Putin paid Podesta is more complicated.
John Podesta, the campaign chairman of former Secretary of State Hillary Clinton during her 2016 presidential run. Podesta has deep ties to Russia despite blaming President Trump of the same.
The complication begins when we examine the RSC Registry and realize that Vekselberg owns Metcombank through a series of intermediary companies, starting with the Renova Group, a Russian corporate conglomerate with interests in oil, energy, and telecommunication that lists Vekselberg as chairman of the board.
The Renova Group owns and operates Renova Assets Ltd., a private investment company headquartered in the Bahamas for which Bloomberg lists no key executives, board members, or members of the executive committee.
Conveniently, Vekselberg also has ties to Rusnano, the Russian State Investment Fund, via his ownership and management of the Renova Group in Russia.
In 2011, Vekselberg directed Rusnano to make a $35 million investment into Joule Unlimited, a small Massachusetts-based energy company, owned by Joule Global Holdings, N.V., in the Netherlands, with Joule Global Stichting, the ultimate controlling entity.
The Rusnano investment into Joule Unlimited was made when then-Secretary of State Hillary Clinton spearheaded the transfer of U.S. advanced technology to Russia, some with military uses, as part of her “reset” strategy with the country.
As previously reported, in the summer of 2011, while he was advising then-Secretary Clinton on State Department policy, John Podesta joined the board of three Joule entities: Joule Unlimited, a small Massachusetts-based energy company; its holding company, Joule Global Holdings, N.V., which was based in the Netherlands; and Joule Global Stichting, which appears to be the ultimate controlling entity.
Podesta, it turns out, has been paid an undisclosed amount, starting in 2011, for serving on the executive board of Joule Unlimited that he neglected to report to regulatory authorities in the U.S., as well consulting fees from the Wyss Foundation, a group controlled by Swiss billionaire Hansjörg Wyss, an investor in Joule Energy.
In an Aug. 2016 report entitled “From Russia with Money,” the Government Accountability Institute noted that Podesta consulted for a foundation run by one of the investors in Joule Energy, Hansjörg Wyss, who in turn was a major Clinton Foundation donor.
Podesta was evidently paid $87,000 by the Wyss Foundation in 2013, according to federal tax records.
The GAI report also documented the Wyss Charitable Foundation has given between $1 million to $5 million to the Clinton Foundation.
Joule Global Stichting was established in Amsterdam, the Netherlands, on March 14, 2011.
John Podesta joined the Joule Global Stichting’s executive board on June 25, 2011. The Joule Global Stichting is a foundation, but it’s not strictly a foundation in the charitable sense.
A foundation of this type, a Dutch stichting, is a popular means for reducing one’s tax burden, as noted on the website of the Panamanian law firm Mossack Fonseca, which is at the heart of the Panama Papers investigation into offshore banking and money-laundering operations as archived and released by the International Consortium of Investigative Journalists.
The Government Accountability Institute concluded that although Podesta is listed on the corporate records, he failed to disclose his membership on the board of Joule Global Stichting in his federal financial disclosure forms when he joined the Obama White House as a senior advisor.
To complete the circle, Vekselberg, the Renova Group, the Skolkovo Foundation, and Hansjörg Wyss all have ties to the Clinton Foundation, either as substantial donors or as participants in the Clinton Global Initiative.
Joule Global Stichting and Joule Global Holdings, N.V., also figure prominently as a client of Mossack Fonseca."

‘Trump Bump’ for Dow Industrials Is Biggest Post-Inaugural Move Since FDR

Current World Daily
02/21/2017



From Wallstreet Journal:

"President Donald Trump has been doing a lot of bragging about the stock market rally lately. How does it measure up?

By some measures, the rally that took place during Mr. Trump’s first 30 calendar days in office has been the largest for any president’s first month on the job since 1945. Since inauguration day on Jan. 20 through Friday, the Dow Jones Industrial Average climbed more than 4%.

That’s the biggest gain over the first 30 days of a presidency since Franklin Delano Roosevelt was inaugurated for is final term 72 years ago, according to WSJ Market Data Group. During that period, the Dow rallied 4.1% to 159.01 points.

Given that continued rise in the stock market, it’s no wonder that Mr. Trump wants to take credit for it. Investor and traders say that the gains reflect hopes that Mr. Trump will enact business-friendly policies like lower corporate taxes, looser regulations and infrastructure spending.

As many are quick to point out, if Mr. Trump takes credit for the stock market rally, he also must take credit for any reversal. And many are worried that market is getting ahead of itself as valuations rise even without full clarity on the administration’s policy priorities, setting stocks up for a resurgence in volatility.

Still, the rally under Mr. Trump ranks fifth among presidents inaugurated since the Dow Jones Industrial Average was created in 1896. In addition to Mr. Roosevelt, William Taft, William McKinley, and Theodore Roosevelt also took office alongside bigger stock market rallies. Mr. Trump’s rally ranks third among presidents beginning their first terms.

The S&P 500, a newer benchmark, tells a similar story. The S&P 500 is up 3.5% since the president took office, the fifth best on record, and the biggest gains since Bill Clinton began his second term in 1997, according to WSJ Market Data Group. Mr. Trump ranks third among presidents beginning their first terms."

Life comes at you fast: New York Times top story instead of the Sweden Riots

Current World Daily
02/21/2017


Life comes at you fast.

Unfortunately, the Carlos Slim blog failing New York Times has this as one of their top stories.

The Russian Love Affair With Donald Trump Sours As The U.S. And Russia Move Toward War

Current World Daily
02/21/2017


From Economic Collapse Blog:
"In recent months Donald Trump has been severely criticized by both Democrats and Republicans for not being sufficiently “anti-Russia”, but the truth is that the Trump administration has not been working hard enough to repair a relationship that is now souring very rapidly.

When Donald Trump won the election in November, the Russians celebrated tremendously, because they greatly preferred Trump over Hillary Clinton.  But just because Trump was victorious does not mean that our relationship with Russia will automatically improve.  Trump and Russian President Vladimir Putin both have huge egos, and it is quite easy to imagine a scenario in which things between them go very, very badly.

In fact, we may already be starting to see such a scenario play out.  As you will see below, under President Trump U.S. troops are being deployed to a very sensitive area of Poland, and they are also being sent to key areas of Bulgaria and Romania.  That is not sitting well with the Russian government, but they were much more upset when Trump insisted that Russia must give the Crimea back to Ukraine.  This is something that the Russians would never do, and they were quite stunned that Trump would even suggest such a thing.

On the flip side, the Pentagon was quite annoyed when Russian fighter jets buzzed a U.S. warship in the Black Sea just a few days ago, and when a Russian spy ship set up shop just off the coast of Connecticut recently, President Trump told Secretary of State Rex Tillerson that “the greatest thing I could do is shoot that ship that’s 30 miles off shore right out of the water”.

When I first heard about that quote I thought it might be “fake news”, but it was actually reported by ABC News and a whole host of other prominent news outlets.

I know that Trump doesn’t have much of a filter, and that is a good thing when he is dealing with the mainstream media, but it can be a very, very bad thing for foreign policy.
Look, you may think that it is a good idea to blow a Russian spy ship out of the water, but you never, ever say such a thing out loud.

The Russians think like mobsters.  That means that they are quite paranoid, and it also means that they take whatever you say very, very seriously.

In a few days, most of us living in the United States will completely forget what Trump said about that Russian spy ship, but over in Russia they will remember this quote forever.
This is just how the Russians operate – they never forget, and they never, ever forgive.
When you are dealing with Russia, you have got to be very, very careful.  Unfortunately, being cautious is not one of Trump’s strengths, and the wild optimism about Trump in Russia is now being replaced by disappointment and anger
The new U.S. president has been in his role for just under a month, taking office in a transition that has been marked by chaos and missteps. And already, from the right of the political spectrum to the marginalized Russian left, a mixture of disappointment with the new U.S. president — who came into office promising to remake relations between the two countries — and a sense of vindication that Trump couldn’t be trusted after all has crept into Russian political chatter.
“Is Trump already out of fashion?” the independent Russian journal Russkaya Fabula asked on Wednesday — the same day that the Trump administration was dealing with the fallout stemming from revelations about National Security Advisor Mike Flynn’s conversations with the Russian ambassador. The site pointed to a small demonstration by hard-line nationalists this week, which picketed a major state-run news outlet and demanded the end of the “cult of Trump” in Russian media.
And in a sign of how far things have already deteriorated, Putin has ordered state media over in Russia to cut back on their coverage of Trump
The Kremlin ordered state media to cut back on their fawning coverage of President Donald Trump, reflecting a growing concern among senior Russian officials that the new US administration will be less friendly than first thought, three people familiar with the matter said.
Just before Trump took office, Barack Obama aggressively moved U.S. troops toward the Russian border, and I highly criticized him for that.

So now that Trump is doing the exact same thing, I have to be critical of him as well.  Somebody needs to tell Trump that stationing 1,000 U.S. troops in northeastern Poland is not going to help our relationship with Putin…
The US Army’s Europe headquarters located in Wiesbaden, Germany announced late Saturday that 1,000 US troops and their vehicles would be sent to northeastern Poland at the end of March.
The unit – part of 4,000 US troops being deployed in rotation along NATO’s eastern flank  under its “Atlantic Resolve” mission – will be located at Orzysz.
That particular Polish city is less than 90 miles from the extremely sensitive Russian city of Kaliningrad.

If I was Trump, this is something that I would not have done.

At this point, the Russians are not quite sure what to make of Trump.  In fact, they have even gone so far as to prepare a “psychological dossier” on him to help Putin prepare for his first meeting with Trump…
A dossier on Donald Trump’s psychological makeup is being prepared for Russian President Vladimir Putin.
Among its preliminary conclusions is that the new American leader is a risk-taker who can be naïve, according to a senior Kremlin adviser.
Unfortunately, Trump tends to listen to those in his immediate vicinity, and in Washington he is surrounded by war hawks that absolutely hate Russia.  The following comes from Pat Buchanan
The anti-Putin paranoia here is astonishing.
That he is a killer, a KGB thug, a murderer, is part of the daily rant of John McCain. At the Munich Security Conference this last weekend, Sen. Lindsey Graham promised, “2017 is going to be a year of kicking Russia in the a– in Congress.”
Members of Congress such as John McCain and Lindsey Graham are playing a very dangerous game.

It is okay to be critical of Russia, but if you are constantly making inflammatory statements all the time that is just going to push us toward war.

And as I explained in my latest book, we do not want a war with Russia.
For years, the Russian military has been laser-focused on preparing for a war with the United States, while at the same time the U.S. military has been primarily focused on fighting wars in the Middle East.

So the Russians have been working very hard to upgrade their strategic nuclear arsenal, and at this point their arsenal is far superior to ours.  The following comes from an article that I came across earlier today
Russia is constantly improving its nuclear deterrence and is very close to deploying new technologically-advanced intercontinental ballistic missiles which can defeat any US missile defense systems, a Russian deputy prime minister said in an interview.
“These weapons will soon appear in our armed forces,” Dmitry Rogozin told Rossiya-1 TV on Sunday. While not naming the new ICBM, the deputy PM in charge of the defense industry said the missile will have the capacity to penetrate any American air defenses.
“These weapons are able to clear the United States’ missile defense both of today and of tomorrow – and even of the day after tomorrow,” Rogozin said.
Meanwhile, the U.S. continues to rely on weapons systems that were developed in the 1960s and 1970s.

The Russians are a very dangerous foe, and it is in our national interest to try to have a positive relationship with them.

There are going to be times when we strongly disagree with what the Russians are doing, but our interactions with them should always be focused on trying to avoid a nuclear conflict.
So yes, we should let the Russians know when we are upset about something, but constantly making provocative and incendiary statements is a recipe for disaster.

Hopefully our leaders will start to realize this very soon, because right now our relationship with Russia is deteriorating very rapidly."

Monday, February 20, 2017

President Trump Announces Gen H.R. McMaster As New National Security Adviser

Current World Daily
02/20/2017


Breaking News

President Trump announces Gen. H. R. McMaster will take over the role of national security adviser after Gen. Michael Flynn resigned.

Russian ambassador to UN dies suddenly in New York

Current World Daily
02/20/2017



Just a day before his 65th birthday, Russia's ambassador to the United Nations died in New York Monday of cardiac arrest, according to the the Russian Foreign Ministry. 

Vitaly Churkin, 64, was rushed to New York’s Presbyterian Hospital where he was pronounced dead of cardiac arrest.
Career diplomat, Churkin, previously served as ambassador to Belgium, Canada and NATO, and held his position at the U.N. since 2006.

Churkin’s deputy Pyotr Ilyichev told Russian media outlets, “Ambassador Churkin remained at his work post until the last minute,” and “He devoted his whole life to defending the interests of Russia and was to be found on the very front lines and in the most stressful posts.”

Cash No Longer King: Europe Accelerates Move To Begin Elimination Of Paper Money

Current World Daily
02/20/2017


TheAntiMedia.org Reports:

"In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years.

The financial uncertainty amplified by Brexit has incentivized governments throughout Europe to seize further control over their banking systems. France and Spain have already criminalized cash transactions above a certain limit, but now the commission has unilaterally established new regulations that will affect the entire union. The fear of physical money flowing out of the trade bloc has manifested a draconian response from the State.

The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble.
Negative interest rates and high inflation are a deadly combination that could further destabilize the already fragile union in the future. With less physical currency circulating, these trends ensure that the impact of any additional central bank policies will be maximized. 

If economic conditions deteriorate, the threat of citizens pulling cash out of their accounts and starting a bank run is eliminated in a cashless system. So long as the people’s wealth is under centralized control, funds can be shifted at will to conceal any underlying problems. But the longer this shell game is allowed to persist, the more painful it will be when reality overrides the manipulation.

Since former Chief Economist at the International Monetary Fund (IMF), Kenneth Rogoff, published a paper last year advocating for the U.S. $100 bill to be removed, governments around the world have pushed forward their agendas towards a cashless society. He wrote:
“There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism. There are substitutes for cash—cryptocurrencies, uncut diamonds, gold coins, prepaid cards—but for many kinds of criminal transactions, cash is still king. It delivers absolute anonymity, portability, liquidity and near-universal acceptance.”
This announcement comes just months after the 500 euro note was discontinued, and it follows India’s lead in subverting the financial independence of their citizens. The incremental steps currently being taken may look trivial in isolation, but the ultimate end is to lay the foundation for an entire network for economic repression.

The German people have placed themselves in strong opposition to the action and previously pushed back hard against domestic legislation that would have limited cash. Nearly 80% of all transactions in Germany are made with paper currency, putting Europe’s economic engine in direct conflict with the vision coming out of Brussels.

The spillover effect has affected new forms of investment, like Bitcoin, which witnessed an astronomical rise over the last months and has been brought back into the discussion as a viable alternative to fiat currencies. Of course, the E.U. Commission is also attempting to impose similar limitations on crypto-currencies to make sure no transactions fall outside of their domain. The ECB and BOJare working towards a trojan horse blockchain network that will serve only to entrap those naive enough to trust it.

Former Treasury Secretary Larry Summers wrote last year that the E.U. would likely be the trailblazer of the West towards this new digital model:
“But a moratorium on printing new high denomination notes would make the world a better place. In terms of unilateral steps, the most important actor by far is the European Union. The €500 is almost six times as valuable as the $100. Some actors in Europe, notably the European Commission, have shown sympathy for the idea and European Central Bank chief Mario Draghi has shown interest as well.”
Since the public’s attention has been drawn to emotional manipulations and political stunts, the threat the war on cash represents has gone unrecognized. Instead of feeding energy into systems meant to divide and conquer, individuals must educate themselves to secure their own financial futures. By submitting to the hive mind and following the media down whichever rabbit hole they choose, the most important issues of today will go unnoticed. The value of advocating for decentralized and physical alternatives to the banking system may not be easily grasped by the activists of today, but few other things have the potential to erode freedom on such a massive scale."


Current World Daily
02/20/2017


Economic Collapse Reports:

"Is the U.S. economy about to get slammed by a major recession? 
According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of key economic indicators are absolutely screaming that a new recession is beginning.  And if the U.S. economy does officially enter recession territory in 2017, it certainly won’t be a shock, because the truth is that we are well overdue for one.  Donald Trump has inherited quite an economic mess from Barack Obama, and it was probably inevitable that we were headed for a significant economic downturn no matter who won the election.

One of the key indicators to watch is average weekly hours.  When the economy shifts into recession mode, employers tend to start cutting back hours, and that is happening right now.  In fact, as Graham Summers has pointed out, we just witnessed the largest percentage decline in average weekly hours since the recession of 2008…
Average Weekly Hours
In addition to the decline in hours, Summers has suggested that there are a number of other reasons to believe that a new recession is here…
The fact is that the GDP growth of 4%-5% is not just around the corner. The US most likely slid into recession in the last three months. GDP growth collapsed in 4Q16, with a large portion of the “growth” coming from accounting gimmicks.
Consider the following:
  • Tax receipts indicate the US is in recession.
  • Gross private domestic investment indicates were are in a recession.
  • Retailers are showing that the US consumer is tapped out (see AMZN’s recent miss).
  • UPS, another economic bellweather, dramatically lowered 2017 forecasts.
To me, even more alarming is the tightening of lending standards.  In our debt-based economy, the flow of credit is absolutely critical to economic growth, and when credit starts to get tight that almost always leads to a recession.

< So the fact that lending standards have now tightened for medium and large sized firms for six quarters in a row is very bad news.  The following comes from Business Insider
“Although modest over the past couple of quarters, it is still worth noting that this is now the sixth quarter in succession that standards have tightened for large and medium sized firms,” Deutsche Bank economist Jim Reid wrote in a research note to clients.
“This usually only happens in recessions.”
Reid is 100 percent correct on this point.  This is precisely the kind of thing that we would expect to see if a new recession was beginning, and if this trend continues it is hard to imagine that the U.S. economy will be able to continue to grow.

And it is interesting to note that job growth at S&P 500 companies has gone negative for the first time since the last recession, and so large firms are definitely starting to feel the pressure.

Simultaneously, lending standards are also tightening up for consumers
“The most notable tightening in standards though was in consumer loans,” the Fed said. “During the quarter, banks reported an 8.3% net tightening in credit standards for credit cards and 11.6% net tightening for auto loans.”
US consumer spending accounts for more than two-thirds of economic activity and is thus a key driver of growth in the world’s largest economy.
Those numbers for credit cards and auto loans are major red flags.


It is very simple.  Tighter credit means less economic activity which means slower economic growth.  The U.S. economy grew at a dismal 1.9 percent annual rate during the 4th quarter of 2016, and it would be absolutely no surprise if we end up with a negative number for the first quarter of 2017.


One of the big reasons why lending standards are tightening is because bankruptcies are rising.

As I reported the other day, consumer bankruptcies just rose on a year-over-year basis in back to back months for the first time in almost seven years.  Commercial bankruptcies had already been rising on a year-over-year basis throughout 2016, and so the fact that consumer bankruptcies have now joined the party is a very bad sign.

And we have also just learned that real median household income declined in 2016
Its official! The spectacular Obama/Fed “recovery” produced no increase in real medin household income in 2016 (the last year of Obama’s reign of [economic] error). In fact, real median annual household income in December 2016 ($57,827) was 0.9 percent lower than in December 2015 ($58,356).
Yes, I understand that there is a tremendous amount of optimism out there right now because of Donald Trump.


But the truth is that it is literally going to take some sort of an economic miracle to avoid a recession.


And if a recession is going to happen anyway, the Trump administration should want it to occur as quickly as possible.

You see, if a recession starts a year from now, it will be much more difficult for Trump to blame it on Obama.  But if a recession starts right now, he will definitely be able to argue that it happened because of the mess that he inherited from the last administration.

In addition, the sooner the next recession ends the sooner the next recovery can begin.  If a recession is still going on during the 2020 campaign, that would be really bad for Trump, but if a recovery is well underway by then that would be really good for his chances.
If you doubt this, just go back and look at the 1984 campaign.  After a very difficult recession, the U.S. economy bounced back strongly and Ronald Reagan was able to ride that momentum to an easy victory.

So this may sound very strange to many of you, but the truth is that if a new recession is coming Trump supporters should want it to happen as rapidly as possible.

Unfortunately, once a new recession begins it may not play out like recessions normally do.  The U.S. government is 20 trillion dollars in debt, we are in the midst of one of the biggest stock market bubbles in history, and our planet is becoming more unstable with each passing day.  So even though Trump is in the White House and Obama is gone, let there be no doubt that a catastrophic economic crisis could literally erupt at any moment.  I continue to encourage my readers to do all that they can to get prepared, because those that are prepared in advance will have the best chance of successfully getting through what is coming.

Unfortunately, a lot of people out there seem to believe that all of our problems have somehow evaporated just because Donald Trump is now living in the White House.

That is simply not true, and we all need to be praying for guidance and wisdom for Trump and his team as they prepare to deal with the great challenges that are ahead for our nation."