Credibility Matters

 
Here is the real story, one MSM and its lackeys have been twisting and covering up for years now, just another reason why MSM in its overt bias and dishonesty has no credibility.  As one writer, not related to this article in anyway, wrote, revenue is important to us all and revenue for MSM particularly the print media has been declining for years.

About the only power you have left is that of your purchasing power. What you purchase and from whom speaks louder, way louder than your vote. It is the one way you have a voice after all. Credibility matters.

 In a recent study entitled "Problems Unsolved and a Nation Divided" (study can be viewed in its entirety at the end of this post), Harvard University points out that, despite claims of an "Obama Recovery," in fact, the U.S. economy has continued to deteriorate in the aftermath of the "great recession."  Among other things, Harvard attributes the economic deterioration to a "lack of economic strategy, especially at the federal level" and a "political system was once the envy of many nations" but has now "become our greatest liability."  Below are a couple of the key conclusions:

America’s economic performance peaked in the late 1990s, and erosion in crucial economic indicators such as the rate of economic growth, productivity growth, job growth, and investment began well before the Great Recession.

Workforce participation, the proportion of Americans in the productive workforce, peaked in 1997. With fewer working-age men and women in the workforce, per-capita income for the U.S. is reduced.

Median real household income has declined since 1999, with incomes stagnating across virtually all income levels. Despite a welcome jump in 2015, median household income remains below the peak attained in 1999, 17 years ago. Moreover, stagnating income and limited job prospects have disproportionately affected lower-income and lower-skilled Americans, leading inequality to rise.

zerohedge.com/news/2016-09-15/harvard-debunks-obama-recovery-farce



 charleshughsmith.blogspot.com/2016/09/the-mainstream-media-bet-farm-on

Corrupt Money?

 The track of George Soros. There is money. Then there is corrupt money.  A rich outsider, not a resident or voter in your state interfering in local politics that should be decided locally only because he is rich and can. Not something that American people should tolerate.

Corruption here?

azfamily.com/story/33096287/tough-phoenix-sheriff-may-have-new-foe-george-soros

Credibility Of Nation On The Line

Nothing new here. Exactly what we expected. The cover up continues. Just as an aside one group that might be in deep trouble is the vaccine maker. Here you have the former First Lady, Secretary of State and former U.S. Senator taking one of the vaccines and still getting pneumonia according to this report. This is a woman who supposedly has access to the best medical care in the country.

She had the scan on Friday? Where? This isn't medical records; this is just a letter of recommendation. If the American public let's this slide, they deserve what they get. We need to see the scan if one was one done. Forgeries exist even in medicine. People keep talking about seizures, loss of consciousness and convulsions. There no evidence in that video she had any of these. What there is evidence of is she lost motor control. Neither is caused by pneumonia or dehydration.

She is also on B12, not an uncommon thing, but B12 is vital for the nervous system and neurological function. The good doctor in her letter did some CYA noting she had consulted with Clinton's hematologist and it was again decided to keep her on Coumadin. The was an oblique shot at Pinsky, the MD who lost his job at CNN for hinting that up-to-date standards of medical practice might be in question here.

A letter from Clinton's doctor states the Democratic presidential nominee last Friday was diagnosed with mild, non-contagious bacterial pneumonia.

"She is recovering well with antibiotics and rest. She continues to remain healthy and fit to serve as president of the United States," said Dr. Lisa Bardack, Clinton's doctor.

Dr. Bardack also revealed she evaluated Clinton on Sept. 2 for a fever, congestion and fatigue.
"Over the next several days as she traveled, her congestion worsened and she developed a cough. She was advised to see me when she returned from her travels for further testing," Dr. Bardack wrote. During the follow-up, a non-contrast chest CT scan revealed the pneumonia.

They have yet to explain the head bobbing. Happened more than once. Yet to explain the freezing. Happened more than once. Yet to explain the open mouth, staring fancies. Happened more than once. Yet to explain the falls, started reportedly in 2007 and have been several documented since.

Other highlights from the letter include:
Clinton is currently taking Armor Thyroid, Coumadin, Levaquin (temporarily), Clarinex and B-12 as needed.  Her blood pressure is 100/70; heart rate of 70; respiratory rate of 18; temperature of 97.8 and pulse-oximetry of 99 percent.
 
Clinton's vaccinations are "up to date" and include Prevnar and Pneumovax.
She has had a normal mammogram and breast ultrasound. Lab testing (vitamin D, CBC, fasting blood glucose, comprehensive metabolic panel, hemoglobin A1-C, vitamin B-12) is "normal," including cholesterol of 189, LDL of 103, HDL of 56 and triglycerides of 159.
Dr. Bardack said, "the remainder of her complete physical exam was normal and she is in excellent mental condition."

They know what they 're hiding. And you know whatever it is, it's big.  Pneumonia and dehydration are laughable.  But what happens to the nation if she turns out to have a serious illness the elites and MSM were hiding won't be. The credibility of the entire system will go down. And it just might be what they really want.

Hey, Bernie: Say It Isn't So

 
 With Bernie safely out of the way, ensconced somewhere in his new $600,000 lakeside home, his form of socialism rides the high road to success down in South America.

He and his older ilk will invoke their form of socialism and then kick not the can but the bucket before the masses storm his lakeside villa. It's an ingenious plan, one another member of that astute gathering called Congress is implementing on her way out the door to luxuriate in retirement.

• The question of whether Socialism can be an effective economic system was famously raised when Margaret Thatcher said of the British Labor Party, "I think they've made the biggest financial mess that any government's ever made in this country for a very long time, and Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them. They then start to nationalise everything."
• There are dire reports of people waiting in supermarket lines all day, only to discover that expected food deliveries never arrived and the shelves are empty.
• There are horrific tales of desperate people slaughtering zoo animals to provide their only meal of the day. Even household pets are targeted as a much-needed source for food.
• President Maduro is doubling down on the proven failed policies and philosophies of "Bolivarian Socialism," while diverting attention away from the crisis -- pointing fingers at so-called "enemies" of Venezuela such as the United States, Saudi Arabia and others.
• A dozen eggs was last reported to cost $150, and the International Monetary Fund "predicts that inflation in Venezuela will hit 720% this yea

zerohedge.com/news/2016-09-14/venezuelas-death-spiral-dozen-eggs-cost-150-hyperinflation-horrors-hit-socialist-uto

Overnight

The Nikkei 225 dropped  1.5% in early trading Thursday to 16,359.28 approaching a three week low as investors continue to fret about central bank policy ahead of next week's Bank of Japan meeting September 20-21.

One possibility troubling investors is the prospect to the bank cutting rates further into negative territory as  it's beginning to dawn on many that central banks in general and the BOJ in particular are running out of monetary rabbits to pull out their top hats. At some point it's possible investors will decide these banker don't know what they're doing and then what.

 In other markets, Australia’s S&P/ASX 200 edged 0.2% lower but Hong Kong’s Hang Seng Index rose 0.6%. Elsewhere, South Korea, China and Taiwan were closed for a public holiday. The yen moved higher,0.2%, against the dollar spreading some pain through exporters.

The Federal Reserve will also be holding meetings next week, still another reason for some of these markets to tread water. The session in Asia followed a mixed finish in the U.S. on Wednesday, with the Dow Jones industrial average closing down 31.98 points, or 0.18 percent, at 18,034.77. The S&P 500 index slipped 1.25 points, or 0.06 percent, to end at 2,125.77, while the Nasdaq gained 18.52 points, or 0.36 percent, to 5,173.77, one news outlet reported.

Oil prices rebounded slightly despite news that Libya and Nigeria were set to ramp up production, as the end of troubles there are set to increase production and ramp up supply. The global oil benchmark, Brent crude, was last up 0.4% at $46.04 a barrel. Looking to next week investors will be watching closely U.S. retail sales for August out Thursday, but those numbers would have to be stellar many believe to affect the Fed's mood enough to kick up rates.

It's The Economy, Stupid

It's crying time again for one of Hillary's biggest shills and a gaggle of members from the dismal science crowd whose predictions turned out, well, dismal. Real dismal.

We could say we told you so, but then we would have to confront what the Clinton clan, including that renown metabolic specialist, Dr. Bill Clinton, have been circumventing about Hillary's illness since they've been mining diamonds in Arkansas. Read more:

mishtalk.com/2016/09/14/import-and-export-prices-sink-bloomberg-bemoans-setback-to-improving-inflation-data

Export prices sank 0.8% in August vs. the Econoday Consensus of -0.1%.

Amusingly, the entire range of exports predictions was -0.2% to +0.1%. On a percentage basis, the closest economist missed the mark by 300% and the consensus by 700%.

Import prices fell 0.2% vs. a consensus of -0.1% in a range of -0.4% to +0.2%. At least one economist got the number correct, and at least one economist was on Mars.

Highlights 

August import prices were down for the first monthly decrease since February. Import prices slipped 0.2 percent and dropped 2.2 percent from a year ago. Expectations were for a monthly decline of 0.1 percent. The August downturn was driven by lower fuel prices. Excluding foods and fuels, import prices were unchanged on the month. Fuel prices declined 2.1 percent in August following a 2.5 percent drop in July. Both the August and July decreases were driven by lower petroleum prices which fell 2.8 percent in August and 3.6 percent in July. In contrast, prices for natural gas increased 12.1 percent in August and 28.0 percent the previous month.

Export prices sank 0.8 percent after increasing 0.2 percent last time. This was the first monthly drop since the index edged down 0.1 percent in March. The consensus view was that prices would edge down just 0.1 percent. On the year, export prices declined 2.4 percent. Excluding agriculture, prices were down 2.2 percent from a year ago. Agricultural export prices decreased 3.4 percent in August, the largest monthly drop since the index fell 4.2 percent in August 2013.

Clearly, the drop in import prices will be a setback to improving inflation data in the U.S. with no pressure yet for finished goods prices.

Another Big Deal

There is a suspicious article ( We would say phony, but we're now half-way through our week of trying to remain civil given the current circus afoot.) in today's Wall Street Journal with the headline, "Family Incomes Rise After Lull."

What makes it especially suspicious is the timing, also the source. Of all the agencies in Washington--and there are far too many to count--the one with probably the least accurate statistics, just slightly ahead of the BLS, is the Census Bureau.
 
A surge in U.S. incomes last year delivered the first significant raise for the typical family after seven years of stagnant and declining earnings, the result of sustained job growth finally lifting a broad swath of American households.

The median household income—the level at which half are above and half are below—rose 5.2%, or $2,798, to $56,516, from a year earlier, after adjusting for inflation, the Census Bureau said Tuesday.
The increase was the largest annual gain recorded since the yearly survey of incomes began in 1967, though it didn’t fully close the gap left by last decade’s recessions. Median household incomes stood 1.6% shy of the 2007 level, before the last recession took its toll, and 2.4% below the all-time high reached in 1999.

 The adjusting for inflation part is interesting.Whose definition of inflation? It's a safe bet they glossed over the rise in service inflation which has been serious over the past few years.  Is near negative or negative rates on your investment inflationary even if you choose to accept the phony inflation number put out by the Fed?

Then there is the good cop bad cop element. the good cop says it's the highest increase since the income surveys started in 1967, a claim designed to make you feel better and to put some trust in the status quo. The bad cop warns you, however, don't get complacent because there are still some speed bumps out there that might pop up. That's a plea for more patients because these geniuses have got your back covered.

Here's another example of good-bad cop.

The figures show how several years of robust employment growth, including 2.4 million people who gained full-time work last year, helped regain ground lost after an especially wrenching downturn, particularly for lower-income households. Longer hours, higher wages and lower inflation also have contributed to the improvement.

One question now is whether a sustained upturn is under way, or whether these gains are likely to peter out as the economy nears full employment, especially given a continuing slide in measured worker productivity.“It has been a long slog from the depths of the Great Recession, but things are finally starting to improve for many American households,” said Chris Christopher Jr., an economist at IHS Global Insight, a research firm.

Here your have the requisite expert quoted for reinforcement. Robust employment growth is laughable, maybe if you're talking hamburger flipper and bartender jobs. The oil industry, one known for higher paid workers, idled thousands of workers. Then roll out this gem, another gleam of hope after nine years of incompetent leadership. At the current pace, household incomes could fall off a bridge next year, too.

At the current pace, median household incomes could surpass their 2007 level next year, according to forecasts by IHS, concluding a lost decade for workers.

The official poverty rate in 2015 was 13.5%, down from 14.8% in 2014, the Census report said. That was still slightly higher than in 2008 and up from 11.3% in 2000. More than 43.1 million Americans were living in poverty last year. The poverty level was $24,257 for a family of four.

Meanwhile, the report showed fewer people lacked health insurance in 2015 than the previous year, largely because of expanded access through the Obama administration’s Affordable Care Act. The Census Bureau found 29 million people, or 9.1% of Americans, lacked health insurance in 2015. That is down from 33 million people, or 10.4% of the population, in 2014. The uninsured rate has dropped significantly since 2008, when millions more Americans lacked coverage.

There is some blatant misinformation in here and you can track it down if you care to. This data is based on "a survey...sent to around 95,000 households that are representative of the U.S. population," the Journal notes. So we're all supposed to jump up and down celebrating and by the way now vote  for the status quo. And that brings us to the timing and the tone of this propaganda piece.

Here's another point about this supposedly representative data. All those econometric models the gaggle of cellar-dwelling, highbrow economists use is also suppose to representative. This report even has the PC feminists' angle, a no need to even consider voting against the status quo if you're female. Among all full-time, year-round workers, women saw substantially larger earnings gains than men, posting an annual increase of 2.7%, compared with 1.5% for men. The increases narrowed the pay gap between women and men to the lowest level on record.




 Finally, you have this telltale sign.

This is a big deal,” President Barack Obama said at a campaign stop for Democratic presidential nominee Hillary Clinton in Philadelphia. “More Americans are working, more have health insurance. Incomes are rising. Poverty is falling.”

Somewhere along the line, we've seen these big deals of yours before, Mr. Out-Going President
zerohedge.com/news/2016-09-14/17th-obamacare-co-op-exits-due-hazardous-financial-conditions-only-6-left


















 

The Public's $100 Bills

Here's a point in the Hillary pneumonia-dehydration cover up that apparently no one has brought up yet.

Part of the shills are saying she has a strenuous schedule with long hours and travel and appearing before big crowds and it's highly likely that could weaken her immune system and subject her to  pneumonia.

Well, here's something that's just as highly likely. She is considered by many valuable property and people insure such property. She's also a senior citizen, almost 69 years old, not just any government employee but one who in her previous job traveled the world. She is a person as are many in that age group with a medical history. No crime there. Just something medical people take into consideration when treating patients and making recommendations. It is a well-established medical belief that one's immune system declines with aging. Otherwise, what's the need for the vaccine in this age group in particular.? We will civil for a moment and rule out money. Pneumonia is one of the main killers of older people.

So we want to see her immunization records. Chances are better than good if she and her physicians follow the protocol of standard recommended community practices, she was given the pneumonia vaccine. It doesn't mean she is completely safe from getting  pneumonia. It could be that if she contracted pneumonia it would be a less severe case, hardly likely one that could cause her to have the kind of episode she had. More importantly, not one that would miraculously get better within 90 or so minutes to make a well-stage public appearance.

Blaming it on dehydration as the noted metabolic specialist Dr. Bill Clinton tried to do and MSM gladly glommed onto would be laughable if it wasn't so arrogant and contemptible. It's is a direct insult to all the honest, decent practitioners in the nation who know better.

It is almost impossible to go to a health care facility today if you are over 55 years old and not be offered one of several vaccines, herpes zoster, flu, pneumonia. The average person in this category could only dream of having a travel schedule like hers, not to mention the crowds and exposure one would be subject to. It is also highly unlikely someone who is so big on big government would decline such a vaccine.

Clinton's publicly noted falls began in 2007. Since then she has had many more, some well documented. Dr. Bill Clinton and others would have you believe hydration is the cause. Yet for someone who is supposedly healthy enough to occupy the Oval Office, she seems to have an awful lot of dehydration episodes without any reasonably explained etiology. Is she just incompetent or willfully negligent?  Have not her medical handlers told her how to deal with this supposed ongoing problem?  At a such a stressful time as this are they not watching carefully enough to see that she doesn't get dehydrated? This is a person, unlike the most of us, who is observed almost 24/7 by numerous people. One would think given the circumstances we are asked to swallow, a few of them are qualified to understand the mechanisms of and treatments for dehydration.

The dehydration part is even further out there. Her handlers allow her to attend a gathering on a humid day--that is, if you grant them their interpretation of the weather--clad in dark blue clothing that exposes very little skin for cooling off, one of skin's main functions, to act as a thermostat. All this when less than two days earlier and, according to Dr. Bill Clinton, she has a long history of getting dehydrated, she is diagnosed with pneumonia and put on antibiotics. A decent personal injury lawyer just might see a decent case of medical malpractice and negligence here.

Perhaps the pubic could launch the lawsuit being that she in part operates on the public's soon to disappear $100 bills.

Overnight

Central bank worries continue to frustrate investors as Asian shares traded mixed for another session with the Nikkei 225 was down 0.4%, the Hang Seng up 0.55%, the Topix off 0.27% the Kospi closed for a holiday and the Shanghai and Shenzhen both down slightly, 0.41%, and 0.24%.

The punch bowl that been holding up these markets might then off be the table, but not before the U.S. election is final as Fed Governor Lael Brainard, the former Under Secretary of the Treasury for International affairs in the Obama administration and appointed to the Fed by Obama, just gave markets a boost with her dove speech. Some are suggesting she is vying for a position, Secretary of the Treasury, in the Clinton administration. A per-election market crash might send Hillary packing for another location than the White House. Anyone who believes central bankers are apolitical or don't let their politics impact their decisions probably has some mood-changing mushrooms stashed around their house.

Meanwhile, the risks for an interest rate hike in September just fell to the 15% level, but jumped to nearly 57% for one in December. Bonds yield also reflected that uncertainty as 10-year U.S. Treasury note was at 1.7410 percent, compared with levels near 1.540 percent late last week. The 10-year German Bund yield was at 0.0730 percent, rising from last week's levels near negative 0.14 percent. Part of the fear is the two biggest NIRP players, the ECB and the BOJ, are moving toward less reckless policies to stimulate their economies. Warnings about removing the beloved punch bowl hardly go down easily. It's a party characteristic in the same category as "Last call!"

Crude oil in the U.S. traded slightly higher overnight, up 0.42%,  at $45.09 after a down day Tuesday. the U.S. dollar index was at 95.636 early against it benchmark of currencies and the yen hit 103.03 against the dollar,down slightly form the prior day. Gold traded at $1321.90.

Backdoor Propaganda

It's on Bloomberg, Jake! So a huge grain of NaCl is recommended. Either that or castor oil. Take your hemlock straight or on the rocks.

Given what we know now about MSM and their huge propaganda machine to high jack the upcoming presidential election for their favorite candidate or should we say neocon puppet, it's a tough proposition that one could ever put any trust in them. Sort of like when Hell freezes over owing to the cold flow of all those melting ice bergs. But here's an interesting read, if for no other reason all the phony polls that have turned that industrial into a joke.

Reuters, the NewYork Times' stepchild, was for while there changing its polling parameters more often to get the wanted results than one can hold the tip of his tongue and utter climate change three times as fast as possible with a straight face.

This is backdoor propaganda.

Polls? Who needs ’em.

If you want to know how Donald Trump is doing, all you need to do is check the Mexican peso.
Over the past four months, Mexico’s currency has repeatedly declined when Trump’s election outlook improves and rallied when his odds of winning slump. The peso tumbled to a 2 1/2-month low Monday after his Democratic rival, Hillary Clinton, canceled a two-day trip to California because she’s suffering from pneumonia.

The presidential campaign has kept Juan Carlos Alderete busy. The 32-year-old head of currency strategy for Grupo Financiero Banorte SAB in Mexico City said phone calls from clients such as pension and mutual funds jumped 50 percent in July, when Trump improved his showing in predictive models like FiveThirtyEight during the Republican and Democratic conventions. Alderete has become a U.S. political junkie, closely following the daily movements and speeches of the two candidates -- particularly the one who pledges to end or overhaul Nafta and make Mexico pay for a $10 billion border wall.
 
bloomberg.com/politics/articles/2016-09-12/want-to-know-how-trump-s-doing-just-look-at-the-mexican-peso