Tuesday, December 11, 2018

The Unspeakable Crime of V. Orbán

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by F. William Engdahl, New Eastern Outlook:
Some people seem like they never learn how to play the game. At the top of the list in the European Union these days is Hungary and her stubborn Prime Minister, Viktor Orbán. He just doesn’t seem to get it. He doesn’t understand that it’s not “European” to defend the sovereign rights of your citizens and your nation. No matter how the EU faceless technocrats hovering around the dubious Luxembourg EU President Jean-Claude Juncker try to educate Orbán and his government, he doesn’t seem to get it.

The past year has been a tough one for the Brussels’ EU political correctness Supremos. First Mr Orbán insisted on going through with a national referendum. How anti-European! Letting citizens vote on issues affecting their lives in their own countries! What a dangerous idea if that ever spreads. Next thing you know women might demand genuine equality and to be taken seriously as human beings. Horror!

BernieGate: Another Mysteriously Missing Server

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by Michael DePinto, Freedom OutPost:
By now, most have already heard about ‘Berniegate’, in which Bernie and Jane Sanders have clammed up and hired lawyers as federal investigators probe a shady land deal and subsequent bankruptcy of Burlington College; a college which Jane Sanders used to be Presidents. A job she was, by the way, thoroughly unqualified for, but how many know the exact details of why the Sanders are being investigated?

In the following video, Right Wing News lays out the full details of Berniegate. The gist of it is that Jane had the bright idea that relocating the college to an expensive piece of land would somehow boost enrollment and donation figures. To purchase that land, the college needed a loan. To get that loan, they needed to show a certain amount of pledged donation figures. And Jane allegedly made false representations on that figure in order to obtain the loan. The relocation did not help the college and they eventually went bankrupt under the weight of the debt. Is this fraud?

Federal Judge Blocks California Magazine Confiscation Law: “The Constitution Is A Shield From The Tyranny Of The Majority”

by Mac Slavo, SHTF Plan:
It’s no secret that people on the left have a disdain for our representative form of government. That’s why they threw such a big fit over the electoral college system after the last election. They don’t like the idea that laws and elections aren’t determined by the will of the majority, and they don’t recognize how dangerous that would be for everyone’s freedom (or worse, in some cases they know exactly how dangerous it would be).

But their hatred for our constitutional republic extends beyond the electoral college. They would prefer to live under a pure democracy, where the majority of the population can trash the rights of the minority. They would rather live under a system where individual rights are sacrificed for their twisted version of “the common good.”

Enter The NatGas Cartel – Jim Willie

by Jim Willie, Gold Seek:
The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place. It has called for crude oil sales led by the Saudis and OPEC to be transacted in USDollar terms, for oil surpluses to be stored in USTreasury Bonds, and for some kickbacks from the Saudis to the USMilitary complex for weapons purchases. Of course, the US is ready willing and able to create strife and to foment wars whereby the Arab oil monarchs will need more weapons. Since 2014, many events have pointed to the crippled condition of the important link between the USDollar and crude oil. The price has plunged by 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of more, and not recovered. It is currently lurching in the nether bounds near the $45 level. Anything less than $65 to $70 per barrel is very dangerous for keeping the oil sovereigns afloat and for keeping the US energy sector solvent. Witness the Wall Street banks having tremendous problems with impaired bonds and toxic energy portfolios. They seem not resolvable. They cannot keep the oil price over $50, a sign of their impotence.

Auto Sales Tank Again In June – It’s Worse Than Headline Reports

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by Dave Kranzler, Investment Research Dynamics:
June auto sales on a “SAAR” basis (seasonally adjusted annualized rate) fell 1.2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} from May to 16.5 million “SAAR.” The non-SAAR number available from sources like Autonews.com show a 3{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} year over year drop from June 2016. The year over year comparison for the same month eliminates seasonality and it eliminates statistical errors compounded by the annualization calculation.

It was the 6th month in a row that auto sales declined. June’s 16.5 million SAAR was 11.7{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} below the all-time high of 18.7 million SAAR (December 2016). This is a large decline that is not being given much attention in the financial media.

Parents to Pay the Price when Australian Housing Bubble Bursts

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by Wolf Richter, Wolf Street:
Home prices jump to new record amid surging supply and declining real wages.

“The government, opposition, central bank (RBA), prudential regulator (APRA), FIRE sector (finance, insurance, and real estate industries) and their economists predictably deny the existence of a housing bubble. They firmly assert a severe downturn in the residential property market cannot and will not occur” — LF Economics.

So when home prices sagged on a monthly basis in May, the fretting began. But now it is ascribed to a seasonal quirk because in June home prices jumped again, according to CoreLogic:

Haley: US Will Use Military In North Korea “If It Must”

from ZeroHedge:
The war drums are beating louder, and as US Ambassador to the UN Nicky Haley said moments ago as she speaks live (webcast), the North Korea launch is clear, sharp military escalation and the US will use the full range of its capabilities in North Korea including military force, “if it must.” Her key soundbites from Reuters and Bloomberg:

HALEY: PREPARED TO USE THE FULL RANGE OF ITS CAPABILITIES TO DETER NORTH KOREA, INCLUDING MILITARY FORCE “IF WE MUST”
HALEY: U.S. WON’T HAVE PATIENCE FOR WATERED DOWN UN RESOLUTION

She also said that an escalated response needed in wake of ICBM launch, and sent a clear warning to China over supporting N. Korea whose launch shows North Korea “does not want to be part of a peaceful world”:

NORTH KOREA LAUNCHES AN ICBM AND WITH THAT WAR DRUMS BEAT LOUDER/SAUDI ARABIA REJECTS THE QATARI NEW PROPOSAL AND THE BLOCKADE CONTINUES IN THE GULF

SOUTH AFRICA TO NATIONALIZE ITS CENTRAL BANK AND THEN THEY WISH TO CONFISCATE ALL PRIVATE LANDS IN WHITE HANDS
from Harvey Organ:

MOODY’S SET TO DOWNGRADE ILLINOIS TO JUNK DESPITE THEIR BUDGET AGREEMENT/CARMAGEDDON IN THE USA ADVANCES.

In silver, the total open interest SURPRISINGLY ROSE BY 2485 contract(s) UP to 203,541 DESPITE THE DRUBBING IN PRICE THAT SILVER TOOK WITH FRIDAY’S RAID (DOWN 47 CENT(S) ON TOP OF THE CONSTANT TORMENT THESE PAST FEW WEEKS.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0175 BILLION TO BE EXACT or 145{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 397 NOTICE(S) FOR 1,985,000 OZ OF SILVER

In gold, the total comex gold SURPRISINGLY FELL BY ONLY 3,356 CONTRACTS DESPITE THE HUGE FALL IN THE PRICE OF GOLD ($20.80 with FRIDAY’S TRADING). The total gold OI stands at 457,201 contracts.

we had 1 notice(s) filed upon for 100 oz of gold.

Read More @ Harveyorganblog.com

‘Orwellian Inside-Out Reality’: West’s ‘Fake News’ Motives Must be Exposed, Russian Senator Says

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from RT:
The head of the upper house Committee for International Relations has called for reporters to disclose the real motives and methods of Western nations in order to debunk the ‘Russian danger myth’ circulated in the media.

In an article published in the popular daily Izvestia on Tuesday, Senator Konstantin Kosachev wrote that the Western mass media distorted information about Russia’s intentions as the main weapon in their information war.

The main objective behind this is the creation of a myth that portrays Russia as an aggressor nation, the senator added.

“Thanks to all these Orwellian statements we are now living in some sort of an inside-out reality. In which unanimous informational baiting is called an anti-propaganda campaign, sanctions are called a reaction and boosting the military might of the world’s strongest bloc is called a reply to aggression,” the Russian senator wrote.

Financial Independence Day

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by Andy Hoffman, Miles Franklin:
Today, we’re going to start with two extremely powerful quotes, regarding the history of monetary destruction…
“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense…that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire, and that each implies and requires the other.”

…and what we can, and must do, to stop it…

“It’s time for us to declare our independence from an oppressive government that seeks to control our money and our lives in ways unimaginable to those who rebelled against the British Crown in 1776.”