Corrupt Journalists

So much for Megyn Kelly and her boasts about being a serious journalist. And so much for MSM being objective at all. In this campaign we've had media allow editing of submitted texts and deals like this one from the mighty phony Megyn Kelly.

It doesn't matter whether its Fox or CNN or any of the other major media they are all corrupt and biased and need to be taken down. They like to hold the fee tof others to the flame.It's their time now.
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Dear Jen,

I know what I'm about to propose is very risky and will be instinctively viewed negatively on the first reaction. But because of the high advantages that I see, perfectly aware of the risks, I think this proposal should be considered.

I propose that the Secretary be on the Megyn Kelly File show for at least 30 minutes. I believe I can reduce the risks, since I know Megyn and Roger Ailes very well, by ensuring that the Secretary will have an opportunity to answer tough questions on emails and other issues without interruption.

In fact, I believe it is in the interest of Secretary Clinton as well as Fox for the questions to be tough, something we should not fear as long as she has an opportunity to answer. I know she will do well with adequate preparation, and especially after yesterday's excellent statement taking full responsibility for mixing personal an official business on a single email device.

I still believe the issue of the wiping out of uthe private server still needs to be dealt with – e.g., simply stating that was done primarily to protect personal privacy on personal emails but she made the mistake of mixing personal with official on the server because she was using a single device, and she should have been more transparent shortly after she left office.

This interview has the potential to be a ratings and media bonanza. I have confidence she would hit a political home run and have a massive audience to deliver her message without a filter.

Of course there is a risk that Megan will try to show how tough she can be, even tougher than on Trump. I am assuming the worst case on that risk. But if we have a guarantee, which I believe We will get, that she will have an uninterrupted chance to respond to every question, and we have time to prepare, I think this could be a major plus and even a game changer in the various negative narratives about the Secretary being largely inaccessible and sometimes testy with the media.

It would be so much better to be able to talk to you on the phone about this and discuss the pros and cons. If you are willing and available, what would be the best time in the best telephone number?

With warmest regards, and thanks as always for your consideration of my ideas,

Lanny

zerohedge.com/news/2016-11-03/wikileaks-releases-doj-fbi-huma-special-podesta-emails 

White House Racist

The current occupant is not the first racist to occupy the White House. History will attest to that. He is, however, the first African-American racist to quarter there. Yes, racists, like nearly everything else, come in all sizes, shapes and colors.

With his outrageous scare tactics the same ones he tried in the UK to defeat Brexit he is now spreading to the African-American community tells you just what his real elitist opinion of African-Americans is. He believes they're pretty ignorant, collectively enough so to believe his rantings. It also tells you just how frightened these elites are. Voters can smell blood in the status quo political waters  and they know it. That's their worst nightmare.

"We don't win this election, potentially, if we don't win North Carolina," he said during a campaign rally for Democratic nominee Hillary Clinton. "I hate to put a little pressure on you, but the fate of the republic rests on your shoulders. The fate of the world is teetering."

In his speech to voters in the Tar Heel State, the president emphasized how crucial North Carolina's 15 electoral votes are to Clinton's path to capturing the 270 electoral votes needed to win the White House.

Obama repeatedly laid into Trump, one sentence after another, saying that he had "no respect for working people," mocking his claim that he has a "good brain," and lambasting the Republican presidential nominee's plan to bar all Muslims from entering the US.
"What I can tell you is we can't afford a president who suggests that America should torture people, or that we should ban entire religions from our country," Obama said.

What's ironic is Obama and his thugs are trying to ban one of the religions African-Americans make up a huge membership--Christianity. No, we're not Christians, but we're telling you if your are, you'd better wake up. Fundamental Christians cost the radial left wing Democrats running this charade several elections. These are people with long, spiteful memories. Many of the refuges from the Middle East are being settled in rural areas of Red states, changing drastically the make-up of these towns and communities. This is no accident. Check it out. Don't take our word for it. These refuges are bringing their customs, ways and laws with them. See Germany or France.

This guy is nothing more than a community organizer, a Saul Alinsky protege,.hand picked by the elites to help usher in globalization and usher out your freedom of choice irrespective  of your race,creed or color. Hillary wrote senior paper in college on Saul Alinsky, a Communist community organizer in Chicago. In California mandatory vaccination is now law. There is no ifs, ands or opting out. You will be vaccinated, no matter that the vaccines don't work half the time, have impurities in them, or that strains of flu change with seasons. You will be vaccinated. They didn't hold a referendum; there was no election. Did anyone ask your opinion? You will be vaccinated. Look for it soon at a clinic near you wherever in the U.S. you live.

What many have a tough time seeing is this: It's not a leap of  Grand Canyon but a mere half-skip before these people are telling you what to eat, read, watch and think. Don't think so? Well, keep sleeping and you'll find out. The fate of the world is teetering alright because the masses around the globe are awaking to who the real crooks and polluters are.

Hollywood Rattled

If you think Hollywood is your friend better think again. But here is something that will rattle some of fascists in that crowd.
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Republican Donald Trump has a three-point lead in Rasmussen Reports’ White House Watch survey. Among voters who are certain how they will vote, Trump now has over 50% support.
The latest national telephone and online survey of Likely U.S. Voters shows Trump leading Democratic nominee Hillary Clinton 45% to 42%. Libertarian candidate Gary Johnson has four percent (4%) support, and Green Party hopeful Jill Stein picks up just one percent (1%). Two percent (2%) like another candidate, and four percent (4%) are still undecided. (To see survey question wording, click here.)

Clinton and Trump have been tied for the previous two days.  This is the first time Trump’s been ahead in the White House Watch in nearly two weeks, but it remains to be seen whether this is the start of a trend or a one-day hiccup.
Eighty-eight percent (88%) of voters say they are now certain how they will vote. Among these voters, Trump has a 10-point lead over Clinton – 53% to 43%. Johnson gets two percent (2%) and Stein one percent (1%). This is the first time any candidate has crossed the 50% mark. Among those who still could change their minds, it’s Clinton 36%, Trump 36%, Johnson 22% and Stein six percent (6%).

Rasmussen Reports updates its White House Watch survey daily Monday through Friday at 8:30 am Eastern based on a three-day rolling average of 1,500 Likely U.S. Voters.
(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.
The survey of 1,500 Likely Voters was conducted on October 31 and November 1-2, 2016 by Rasmussen Reports. The margin of sampling error is +/- 2.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

rasmussenreports.com/public_content/politics/elections/election_2016/white_house_watch_nov3

Inflation Bites

Mentioning inflation is of late becoming more and more a topic it seems. We've mentioned it several times now since it's the least likely event many expect and the government has done everything in its power to hide it from you and the focus has been so long on deflation and slow growth.
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One month ago, Bridgewater's Ray Dalio warned the New York Fed that even a modest, 1% rise in rates, and thus inflation, would lead to trillions in losses and "trigger the worst price decline in bonds since the 1981 bond market crash." Now, it is the turn of Elliott Management's Paul Singer. In a letter to investors seen by CNBC's Kate Kelly, Elliott Management execs warned of essentially the same thing: that a rapid inflation is the $30 billion hedge fund's biggest concern in the current environment, and that such a spike would not only collapse bond prices, but potentially lead to a stock market crash.

                                    
                                                                                                                       
"This may seem like a strange thing to worry about under the current circumstances, but the tide toward inflation could turn rather abruptly," wrote the money managers in their Q3 letter dated Oct. 28. "If inflation starts accelerating to an annual rate of high single digits or greater, it will be quite difficult for the mix of strategies that Elliott favors to 'keep up.'"

However, sudden price hikes were only one of the Elliott team's worries, according to the recent letter. Another is Singer's biggest recurring fear: that the artificial market created by central bankers over the past 7 years will undergo rapid "renormalization." Lingering over Elliott's portfolio management is a persistent fear that central bankers — by collectively cutting interest rates 673 times since the financial crisis — have so upended the natural price levels of stocks, bonds and many other assets, "that the economy and markets are operating in denial of reality."

Paraphrasing from the latest Greenlight letter, sent on the same day, in which David Einhorn said that "we have central bankers who are determined to see flashing lights that aren’t there.... we are more than seven years into an economic recovery, yet central bankers behave as if we’re still in crisis", Elliott writes that "every sniffle is being treated by central banks as acute respiratory distress syndrome worthy of 'code-blues' and teams of frantic pumpers and fixers...  what this policy landscape has engendered is a widespread belief, or at least a strong suspicion, that stock and bond prices won't ever be allowed to go down in any meaningful way."

 zerohedge.com/news/2016-11-02/what-keeps-elliotts-paul-singer-night-spike-inflation-could-leat-market-crash

Overnight

Can you say sovereign bonds, gold, yen and Swiss franc three times real fast without missing a beat? If you can you're right on top of things in Asia as those things were the winners overnight. Call it rish off and uncertainty on.

With the Japanese market closed for a holiday it was just as well as other markets seemed to be more focused on the U.S. election and how close it's supposedly getting wit h all these WikiLeaks. As expected the Fed left rates unchanged, but left open the door for a December hike as Yellen stressed that inflation is on the rise.

All three major markets on Wall Street ended Wednesday down as uncertainty again prevailed.Reuters reported: "Another session of losses for the S&P would match the record for consecutive down days set in 2008." In the currency markets it was an up day for the Euro and a down one for the U.S. dollar as it faded against the yen to trade at 103.32 with the dollar index at 97.365 against its baskets of currencies,down from last week's high of 99.119. Spot gold XAU remained steady at $1,298.00 an ounce.

The Wall Street Journal noted that "oil prices extended their slump after data showed the biggest weekly U.S. crude surplus on record, the latest sign of the hurdles facing traders banking on higher prices. The supply data prompted investors to reduce expectations that two years of oversupply in the oil markets is coming to an end. U.S. prices immediately shed nearly $1 a barrel and losses spread into gasoline and diesel futures. U.S. crude futures fell $1.33, or 2.9%, to $45.34 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell $1.28 a barrel, or 2.7%, to $46.86 a barrel on ICE Futures Europe. Both posted their seventh loss in eight sessions and lowest settlement since Sept. 27." The ASX 200 was off 0.48%, the Kospi down 0.23%, Hang Send lost 0.48%, the Shanghai Composite was up 0.29% and the Shenzhen Composite rallied 0.58%.

Purse Strings

We've written about the decline of print media for sometime. In some ways it's inevitable. In others, not so much.

The Wall Street Journal will debut a newly formatted version of its print edition starting Nov. 14, which will combine several sections and reduce the size of some coverage areas as the paper copes with an accelerating industrywide decline in print advertising.
Editor in chief Gerard Baker announced the changes to staff in a memo Wednesday. As a result, the paper will feature fewer pages with less space dedicated to coverage of arts, culture and New York news.

“All newspapers face structural challenges and we must move to create a print edition that can stand on a sound financial footing for the foreseeable future while our digital horizons continue to expand,” Mr. Baker wrote in the memo.

wsj.com/articles/the-wall-street-journal-to-combine-sections-to-cope-with-ad-decline-

As advertisers have moved and the Internet and social media have changed things this is to be expected. But there's another story here in some ways much more important. It too is about consolidation. As these take place it can lead to fewer and fewer choices for the consumer which leads to more and more price-fixing monopolies also. The upcoming mega-merger if it gets approved between AT&T-Time Warner is an example. Globalization with one world government is another, in case you can't see it.

But there is a positive side to these trim downs, consolidation of consumer purchasing power. Consumer purchasing power can be tossed around more readily and with bigger impact as many of these media firms are still dependent on advertisers,digital or otherwise. A clean up of media is well overdue. Any pretense of being an objective Fourth Estate ranks up there with Clinton lies, huge. For years the arrogance of big media centered on the premise that no one would take them on. That day is here. Look around. CNN's collaborating with the current  administration and trying to pass it off as objective reporting is now an open book. The Wolfman  is a con man as are his superiors.When it comes to corruption media can hold a candle to anyone.

The elites understand two things--power and money. In DC it's about power to which money is the venue to that power. Hello Wall Street. Hello Hollywood. The only decline the elites are concerned about is that of the status quo. Take care of the corrupt MSN and you will dent severely the status quo. Real bullets are not necessary because you already have the most powerful one, your purse strings.

Figure Out and Do It

Billionaire investor Daniel Loeb who runs the hedge fund Third Point in his recent letter to investors said: "We may long for the days of 2% GDP growth."

One of  Loeb's major points, and it's hardly new to anyone who ignores the memes of MSM, is monetary policy from central banks has run its over zealous course. Global growth is still anemic by historical standards, but that doesn't mean we're on the trail of the phony theme, new normal, either.

Despite the seeming paradox, a new normal implies more of the same. Not at all. Loeb calls this election the "most bizarre" in the nation's history. We definitely take issue with that premise. We think, as we've written many times before, it's been the most healthy. The elites who run this miasma are kick-the-can specialists. A touch-up here, one there and it's business as usual. It's the whiny Jamie Dimon, CEO at JP Morgan, a while back saying after the Brexit vote, there was still time to change your mind. It's the ubiquitous Goldman Sachs financial tentacles.

Loeb writes as if he's separate from this crazy cycle. He isn't. He's one of the elites. If a new broom is going to sweep clean, it has to sweep clean. The election process he apparently so rues has been just as corrupt all along as this one, but now it's in-your-face corrupt. That's the lack of phony civility the NeverTrump crowd laments so much. Two parties with their corrupt delegate system get to decide who you get to vote for? They have a name for that; it's a fake one, democracy. Translations: their dollars buy more influence than yours.

Just today Goldman is in the news for taking a position in a derivative firm that deals in "reg tech,"
software that specializes trading regulation technology, most likely a growth industry given the growing outcry for more financial regulation. It the bureaucrats' modern-day version of the Marginaux Line. You can almost bet it will end up costing you, the taxpayer, money.

There's 5,300 lobbyists in Washington and nobody smells influence and corruption? Today's WSJ carries a story about the backlash Hispanics for Trump face. Nobody talks about that corruption. It's called thuggery. Lobbyists suffer from a sleep disorder. No, it's not sleep apnea though most of their BMIs are probably over the line from all the booze and rich foods they wolf down. They dream of making payoffs.

As The New York Post reports, about three minutes into her 20-minute stump speech, a heckler shouted “Bill Clinton is a rapist!” as he waved a neon green sign declaring the same statement.

Clinton pointed a finger at the protester, and raged...

"I am sick and tired of the negative, dark, divisive, dangerous vision and the anger of people who support Donald Trump."

"It is time for us to say no, we are not going backwards, we’re going forward into a brighter future," a hoarse-voice Clinton added.

This comes from a lady who knowingly sent paid roughnecks to Trump rallies to disrupt and start fights. Even beat people up for what, expressing their so-called free speech rights? This is a lady on record for suggesting droning the WikiLeaks perpetrator. Assassinate your enemies,verbally or otherwise, it's a Clinton tactic MSM loves to ignore.

We have slow global growth and rising inflation. Pay attention. You're on your own. The central bankers around the globe are much more likely to do the wrong rather than the right thing. It's in their genetic code.So figure out what that means for you and do it.

zerohedge.com/news/2016-11-02/dan-loeb-discusses-most-disappointing-and-bizarre-election-our-country%E2%80%99s-history

Overnight

Let's start with the U.S. dollar. The dollar fell about 1 percent against the yen to an eight-day low of 103.81 yen. A strong yen caps Japanese exporters' profits made abroad when repatriated. The strong dollar also affects the price of gold. 

But gold held steady as Reuters reported: Gold held steady on Wednesday, off near one-month highs touched in the previous session, with markets waiting for the outcome later in the day of a Federal Reserve meeting for clues on the timing of a possible U.S. interest rate hike. Spot gold was little changed at $1,288.00 an ounce.

What some are calling the "fear index" kicked in pushing most Asian shares down more than 1% on Trump's apparent rebound in polls, some putting him ahead of Clinton for the first time. Trump scares many with his talk about trade deals and immigration that MSM has exploited. The Nikkei 225  shed 1.25% owing in part to the upswing in the yen, seen by many as a safe haven currency. The ASX 200 dropped 1.09%. The Kospi was lower 1.15,Hong Kong's Hang Send off 1.04% and the two Chinese Composites, Shanghai, down 0.25%, and Shenzhen losing 0.081%. The yen rallied against the dollar to trade at 103.88 up from Tuesday's session of 104. The Wall Street Journal reported an overnight poll, an ABC News/Washington Post tracking poll, that had Trump at a one-point advantage over Democrat Hillary Clinton, leading 46% to 45%.

Lower oil prices affected oil shares in the region fro Australia to China to South Korea. U.S. crude futures settled 0.64% lower at $46.37 a barrel from a Tuesday price of $46.67.Brent crude was also down 0.46% at $47.92 from the session earlier at $48.14. Some of the sell off owed to the American Petroleum Institute (API) announcing crude inventories rose by 9.3 million barrels in the week to October 28.



 

CNN Corruption

If you dislike MSM and think it's biased not just about this election but many other things then you might want to read this and then express your displeasure come election day.

In light of the Podesta email revelations, as well as the daily farce that is CNN "objective reporting", it will hardly surprise anyone, that the American public thinks the media wants Democratic presidential nominee Hillary Clinton to win by an almost 10-to-1 margin, according to a new poll.
According to a Suffolk University/USA Today poll, which asked "who do you think the media, including major newspapers and TV stations, would like to see elected president: Hillary Clinton or Donald Trump?" the answer was clear: of the 1,000 adults surveyed, 75.9 percent answered Clinton, while just 7.9 percent picked Trump. Just more than 16 percent of respondents chose either "neither" or "undecided."

 zerohedge.com/news/2016-11-01/three-out-four-americans-believe-media-wants-hillary-win

 It's just another day at CNN, one of the most corrupt news organizations of all time. anyone believe they didn't-as they so vehemently denied--that question to the Donna lady? They fed it to Hillary via Donna and they know they did.

Another day of WikiLeaks reveals yet another Podesta email illustrating the blatant collusion between the Clinton campaign and their "friends" at CNN.  The following example comes from Clinton Communications Director Christina Reynolds who promises to "leak" a memo to Dan Merica at CNN before sending it to other members of the "press."  Guess they had to pay CNN back for the early look at those debate questions in some way...this is as good a currency as any.

http://www.zerohedge.com/news/2016-11-01/new-podesta-email-reveals-more-clinton-campaign-collusion-cnn 

Is that trying to affect  the outcome of an election or is it only the Director of the FBI guilty of that? Charges might be in order against CNN or at least some kind of fine, maybe even losing their broadcast license. This is a corrupt organization that's down, dirty and deep. We personally will be boycotting any and all of their sponsors.

The Predictive Peso

The Mexican peso has been the currency most watched in the run-up to this election. Here's where it is after new poll out today.


 zerohedge.com/news/2016-11-01/peso-pounded-trump-takes-lead-national-poll