Misunderstandings

 
Well, can you say: Hang your chad?

It appears theirs what the left claimed was corruption down in Florida again dating back the the Internet inventor, Al Gore's, bid for the White House. This time it's those terrible people on the left.

Broward County, Florida, home of the now infamous "hanging chad" fiasco during the 2000 showdown between George Bush and Al Gore, may be on the verge of yet another controversial election cycle.  Historically a democrat stronghold, Broward County always comes under extra scrutiny during presidential elections.

Per a new report from NewsMax, the 2016 election cycle may be among the most controversial yet as a temporary worker for the Broward County Supervisor of Elections office has been fired after reporting what she thought to be "election fraud."  In a sworn affidavit presented to the Florida State Attorney General, this temporary worker claims that she witnessed "four Supervisor of Elections employees sitting at the same table actively filling out election ballots."  Further, according to the affidavit, each of the four workers "had a stack of blank ballots to the right of them … and a stack of completed ballots to their left."

Of course, as usual, we're supposed to believe that there is absolutely nothing unusual about a group of poll workers, in a heavily democratic county, sitting in a back room filling out blank ballots.  No, apparently this is just another attempt to "criminalize behavior that is normal," as Donna Brazile would say.

According to Brenda Snipes, the Broward County Supervisor of Elections, what this terminated employee witnessed was workers simply transcribing faxed paper ballots from the men and women of our armed forces from overseas.  According to Snipes, those faxed ballots are a different size than regular ballots and thus have to be converted to the official forms in order to be counted.
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 According to officials, it was all just a misunderstanding. And so we now fire workers for legitimate misunderstandings. Sure we do.

zerohedge.com/news/2016-11-05/florida-elections-worker-i-was-fired-witnessing-possible-absentee-ballot-fraud

Be Flexible

Some call it PhD copper.

There are lots of reasons people give for copper being a bellwether for economic growth because of its wide use. And there are lots of reasons now being cited for it fall from grace as an economic prognosticator. Things have changed goes one.

Be that as it might, copper of late has been on a tear. Prices are now up for the 10th straight day, a streak that spans 28 years, and many are suggesting signals a turn in the slow-growth miasma witnessed these past several years. But copper is not alone in this rally. Aluminum, zinc and nickel have been on their own upswing.

                                

Copper closed the week up 3.3% punctuating an 8.5% rise in prices over the 10-day stretch. Signs that inflation might be on the upswing in the world's two biggest economies, the U.S. And China, has buoyed investor hopes, as factory activity in both countries has been reported on the rise. But there's still much room for another declaration: Not so fast. Reported is a suspect of interest. Can any one believe U.S. numbers let alone those from the government-controlled China?

Rising car sales in China is one reason cited for the expected good tidings. But sales in the U.S. tell a different story. Ten days, however impressive,  don't make a trend. The stock market many seem to overlook has benefited from stilts in it climb higher, $2 trillion in share buybacks. Then there's capital expenditures, anemic by most standards given the excessive amount of artificially cheap money afloat. Further the cheap money has spurred M&A activity not something known to stimulate economic growth,but more an exercise in money grubbing and poor allocation of funds.

Trump is considered an unknown risk. Well, what many Americans, agree with them or not, now know Obama proved to be an unknown risk. In the corporate world, as one might expect, these Johnny come late elites, have a new excuse, short termism. Now short termism has been a Wall Street-caused problem for as long as we can recall, but don't try to awaken that sleeping pooch.

Way back in 2002 you had one of the biggest Wall Street darlings of the time exceed it's expected earning by one penny for 14 straight quarters, probably right up there with one's odds of winning the Super Lottery, and each time the stock price roared upwards. Now JP Morgan's Jamie Dimon and his fellow Wall Street elites are suddenly going to change all that by focusing on the longer term. Anything to get heat off them and the pressure they put on quarterly earnings.

The bottom line here is these elitists are human beings. And history shows without doubt the pit of human greed and arrogance is bottomless. One recent example is the glee from these people over the UK court decision calling for a vote by Parliament. The people spoke. Democracy is only democracy if these people get to define it. Learn that now or step in line to get measured for you ankle shackles.

As for your investments expect the unexpected. Fade the scaremongers and be flexible.

The Clinton Family Dirt

The Clinton Family saga is long, dirty and deep. Apparently, they don't care who they ripoff, including insiders. You should also note the Bush connection here.
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A couple of days ago we shared a Podesta email from Doug Band about Chelsea talking openly in public about her "internal investigation" into the Clinton Foundation. 
As with many of the Doug Band email chains, the rabbit hole just got a little deeper today with Band accusing of Chelsea of "using foundation resources for her wedding and life for a decade" among other accusations.  He also concludes with another veiled threat on the consequences "once we go down this road...."

The investigation into her getting paid for campaigning, using foundation resources for her wedding and life for a decade, taxes on money from her parents....

I hope that you will speak to her and end this

Once we go down this road....

http://www.zerohedge.com/news/2016-11-06/doug-band-accuses-chelsea-using-clinton-foundation-money-pay-her-wedding

For The PC Purists

There's so much concern about crude language today particularly when it's directed at the female species. So much so that the Harvard men's soccer scheduled was canceled for the rest of the season over some language the men's team used to discuss players on the school's female soccer team.

Harvard's president, a female, promptly expressed her PC shock and canceled the rest of the men's season. Now we're sure the president, good academician she is, appreciated studies.So this one is for you, sweetheart, and your purist academic-trained mind.

A unique survey of the swearing habits of men and women over the past 20 years has revealed that not only is the English language constantly discovering new ways to be rude, but women are using the f-word more often than men.

With the help of 376 volunteers who submitted recordings of up to three hours of their daily conversations, British researchers have amassed a language database of 10m words. Half of them have been transcribed so far.

The full results will not be published until 2018, but the most striking conclusions so far confirm that men are no longer the champs when it comes to.....
thetimes.co.uk/edition/news/the-swearer-sex-women-use-f-word-more-than-men-kd87fmspc

Through The Hype

In today's issue of Barron's Gene Epstein, one of their in house economic data jockeys, writing about October's employment report, concludes: "With the labor market at or near full employment, it's past time for the FOMC to start hiking interest rates back to normal levels."

The key two words in that conclusion is "past time."  Forget normal levels. Nobody knows what that really is. In the simplest terms, past time should tell you the Fed is already behind the inflation curve. That's just one of the reasons you can count on these bureaucrats to do the wrong thing at the right time.  So much talk has preceded this rate hike--just follow the mixed market reactions of on again, off again Asian investors of late--that most of any reaction other than the expected initial one is already in the market.

In fact, after a brief perhaps sharp slump, you might see a full steam ahead rally. Such are the vagaries of markets, especially those not tampered with by central bank bureaucrats. But danger always lurk in the shadows. One such is former Treasury Secretary Larry Summers who now wants to end Fed independence by ushering in his fellow academics and politicians to help things along.

There are at least two things wrong with that. First, it's a phony pretense that the Fed is independent. Equally suspect are those seemingly good Bureau of Labor Statistic numbers, especially right before this election. The second thing wrong with it is genetics. Homo sapiens. The people Summer would turn this nonsense over to are, last time we checked, humans. And humans are biased by nature and the world literally has hundreds, if not thousands of years of history and research to prove it.

The attempt by many, as is frequently the case, to put lip stick on a pig is nearly always present, but most especially after this global establishment rattling long recession. Elites are scared. Next Tuesday is another fear evoking event, quite possibly one only a Mother Theresa would believe will satisfy everyone.

As one commentator noted: "Once again it’s not the data per se that drives either forecast, rather, it’s the data vs. what the model predicted."  For a slightly different interpretation of these BLS numbers see mishtalk.com/2016/11/04/unemployment-4-9-establishment-survey-jobs-161000-employment.

In the meanwhile, look for the Fed to create opportunity for those astute enough to see through the hype. Inflation could surprise more than many think.

Not Being Civil

"Experiments in monetary policy were opening new frontiers," a columnist in the Financial Times noted today.

And so right he is, discussing central bank reactions to what became a persistent economic melt off. But experiments like the best laid plans of men and mice often go kaput. And so they have. Negative interest rates, contrary to perceived wisdom, play the same push-shove game like everything else in life. The push back from these expected savior rates are now marching onward, not like a bunch of Christian soldiers but more in tune with something much out of tune in the world today--common sense. Make the mistake of looking for any from the econometric slugs if you want to guarantee your disappointment in triplicates. The public gets it.

Forget a horse.The ruling elites would be wise to dump that adage to preserve their kingdom and go for some common sense. Disband your money oracle, central banks. It's a scary move, but one ultimately necessary if you want to survive in any form. The public gets it. You will as always hire thugs to do your fighting for you. But that's a bounce less ball today.

You have created this crisis and now seek to scatter a few crumbs to ease the tension. Put any chosen fob you want into office, this won't go away. Inflation is returning. Three central banks have told you so, the Fed, the BOJ and now the Bank of England. Their magic potions turned more feckless than a search for truth at the DNC. Take what they give you until they take it away again. Inflation is their new plan and hope to get out of this downward spiral. It won't work but your job is to make money and protect yourself from the damage they will cause. Democracy and other such words are just fancy terms, meaningless to this crowd.

Just as the Mexican peso has become a surrogate for how the U.S.election is going, Brexit has become an indicator for how hard the globalists are pushing and praying to overturn it. A WSJ editorial today celebrated the UK court decision calling for a vote by parliament on Brexit. This is the old putting the cart in front of the horse tactic. Parliament is there--so the phony line about any democracy goes--to serve the people. The people have spoken. That court decision needs to be vigorously challenged. The Journal writer shamelessly concludes with: "If the Court's ruling makes Leave advocates nervous,maybe it will induce them to get Brexit right."

This is in-your-face we know what's best elitist advocacy that makes a mockery of so-called free elections and voting. There are those who will stop at nothing to get their way. They should never surprise you. They want what they want. These are not isolated outbursts. They're clear signals that toes are being trampled. Voting is supposed to be a civil way to decide disagreements, at least that 's what the elites want you to buy. Looks as if these people are not being very civil.

These are some of the same folks who criticized Trump for saying he would let them know once the election results were in. Well, on Brexit they're in. So now you see where we are.

Mighty Harvard PC

 
More locker room talk, the stuff MSM and it's politically correct masters want to crucify Trump over.
This time it's prim and proper mighty Harvard.
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Harvard University has suspended its Division I men’s soccer team for the rest of the season after the school’s lawyers found a “scouting report” assessing the physical appearance of women players in vulgar terms was a widespread practice among players, including among those on this fall’s roster.

The men’s soccer team is currently ranked first in the Ivy League and will forfeit the final two games of the season and forgo any postseason play.

The school’s student newspaper, the Harvard Crimson, reported last week that the men’s 2012 soccer team rated women’s soccer recruits with narrative descriptions, a number scale, nicknames and potential sexual positions.

An interesting poll, assuming one could ever get an unbiased one, would be how many of these so-called future leader Harvard dudes will be voting for Hillary. You will also note she claims these action were not limited to a few individuals, meaning wide spread. So the Trump dude did years ago what many of the future elites are doing now. President Faust, apparently like most of the PC crowd, loves double standards when they work in her favor.wsj.com/articles/harvard-suspends-mens-soccer-team-over-sexually-explicit-rankings-of-women-players-

The article quotes Harvard President Drew Gilpin Faust expressing the expected PC shock and doling out the PC punishment all of us can expect in the near future if this madness isn't stopped. Bless her little PC heart, the president said: “I was deeply distressed to learn that the appalling actions of the 2012 men’s soccer team were not isolated to one year or the actions of a few individuals,” Ms. Faust said in a prepared statement.

She said she supports the athletic director’s decision to cancel the remainder of the season, and to engage the soccer team in “a systematic program of training.”

What's most likely going unreported is the women's soccer team is keeping similar notes on the men soccer players. But don't anyone tell the president because next she'll want to ban the presence of hormones on campus.

Overnight

The Nikkei came back from a holiday overnight and was down 1.93% while the Topix also yielded 2.18% earlier as the yen gained ground against the dollar trading at one point at 102.87 as investors express concerns about the upcoming election in the U.S. Mixed is a word that's becoming quite common when it comes to these Asian markets.  But many believe that once the U.S. election is in the books that will change.

Much of the yen's appeal comes from its status as a safe harbor currency and investors switch form risk on to risk off positions accordingly. In other markets, the ASX 200 fell to a four month low on the yen's strength and the Kospi was off 0.23%, the Hang Send index edged higher 0.19% and the two Chinese composites were both up slightly with the Shanghai tacking on 0.21% and the Shenzhen dding0.21%. Reuters reported: "Oil prices advanced during Asian hours on Friday, with U.S. crude futures up 0.16 percent at $44.73, while Brent added 0.17 percent to $46.43."  The key nonfarm payrolls report is due Friday. Economists polled by Reuters are looking for non-farm employment to have risen by 175,000 in October from 156,000 in September.

Gold renewed its recent acquaintance with $1,300 an ounce and could be getting to be a habit the yellow stuff traded above $1,300 an ounce on Friday, with safe-haven appetite buoyed by signs the U.S. presidential election is tightening just days before next week's vote. Spot gold XAU= was unchanged at $1,303.26 an ounce. U.S. gold futures were up about 0.1 percent at $1,304.30 per ounce. The Bank of England scrapped its plan to cut interest rates, which it said could now move up or down, and raised its forecasts for 2017 growth and inflation sharply due to the slide in sterling since Britain's vote to leave the EU and oil prices advanced overnight with U.S. crude futures up 0.16 percent at $44.73, while Brent added 0.17 percent to $46.43.