Wednesday, November 30, 2016

Pendulum Swings

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
When the pendulum goes too far there is usually a push back.

The pendulum of PC has been out of wack for a longtime. Too long. We've said before PC is one of mankind's greatest dangers. Like all these so-called well-intention schemes supposedly offered to protect all of us from ourselves, it's unintended consequences created more of those things it was crafted to stop.

PC was never designed to teach people something PC never wanted: It taught parents and others they don't need some distant ,indifferent committee of bureaucrats to tell them how to live their lives. What is proper behavior and proper speech. Say hello to Brexit. PC is about duress. Zero tolerance. You will line up they way we say. This is the gift  of elitists and academics and a host of others who think they know better than you how you should live your life.

Here's some push back.
Did the politically-correct insanity just reach its tipping point? Just weeks after a notably politically-incorrect Donald Trump was swept to victory in the US election, HeatSt.com's Kieran Corcoran reports a university has pledged to end its culture of censorship and no-platforming, and has instead pledged to defend free speech.
Cardiff University in Wales has said it will no longer ban events by controversial speakers, declaring “censorship is not the answer.”
The decision was made by the Cardiff University Students’ Union at their annual conference last week, where they passed a motion called “Challenge, Don’t Censor.”

The move pushes back against the tide of safe space culture which seeks to insulate students from opinions they might find challenging.
Cardiff itself was the scene of one such incident last year, playing host to a virulent campaign to shut down a speech by feminist Germaine Greer over her views on transgender surgery.
Cardiff students passed their free speech motion – the full text of which can be found on page 25 of this document – on Thursday.

zerohedge.com/news/2016-11-30/university-stuns-world-pledges-support-free-speech-censorship-not-answer

And here is another example of what happens from the Financial times, of fall places,when in the PC world everyone gets a trophy.

Sir, Carl Henrik Leijonhielm (Letters, November 26) holds the Reagan cuts of the 1980s responsible for the current poor level of education of a substantial proportion of the US populace. Certainly, the Reagan cuts were damaging, but some of these educational deficiencies go back much further than the Reagan years.
In 1973, in my earlier career as a mathematician, I accepted a postdoctoral research fellowship at a major, well-rated US Midwestern state university. After an excellent year working with one of the leading figures in my field, I spent a year there as a visiting faculty member. I taught first-year students majoring (specialising) in mathematics and the sciences. They were just starting on differential calculus, which put them about two years behind their British counterparts, for whom this was (and still is) material for the first year of the sixth form. But many of those students were bright and hard working, and with perseverance did well.
I also taught, with the aid of several teaching assistants, a large class of humanities students in what was called “remedial mathematics”. These were 19-year-old university students who were unable to perform the most elementary calculations, such as adding together two simple fractions. Many of them could make little progress, despite their own and their teachers’ best efforts. It is hard to imagine the educational level of their many contemporaries who did not go to university or even complete high school.
The poor education of these students did not result from lack of money. There was plenty of money. Tuition fees were low and there were ample scholarships for students who needed them. The students largely came from suburbs where the high schools enjoyed resources beyond the dreams of most British schools of then and now. These students had grown up and received their early education in the affluence of 1960s suburban America.
Rather, I learnt that these students were the victims of an educational system, in their high schools and earlier, that had sheltered them from having to focus on any concepts that they found difficult. They had been taught that what mattered most was achieving self-expression, although they had not been taught the language skills that would have enabled them to express themselves clearly and cogently. Not surprisingly, when they encountered unavoidably difficult concepts they became resentful. Any difficulty derived only from the professor’s incompetence or deliberate obfuscation. Any question that they were unable to answer was a trick question. My university colleagues were aware of all this, shrugged it off, picked up their salaries, and carried on.
I was fortunate enough to move on to one of the leading scientific institutions for which the US is justly famous, with superbly educated, first-rate students. I have wondered over the years what became of those students in that Midwestern state, most of whom were white males, and who would now be in their 60s. That state was one of those that swung from Democrat to Republican in this year’s elections.
Prof Michael Singer
The Dickson Poon School of Law,
King’s College London, UK

 ft.com/content/2001a866-b591-11e6-961





Tuesday, November 29, 2016

Distant, Indifferent Bureaucrats

“On balance, nothing in the Indian experience gives us pause in recommending that no more large notes be created in the United States, Europe and around the world.”  

It's happening. That's a quote from former Secretary of Treasury Lawrence Summers. If you put any value on your privacy and your economic freedom you know Summers and his monetary henchmen need to be stopped dead in their tracks.

This is a global move to further enslave people most likely moved to the front burner by things like Brexit and the recent U.S. election. These are academic elites and they care nothing about you and your life. They always do this in their efforts to protect the rest of us from harm. They're such an altruistic crowd. That's pure BS. They want to tax, control and track every dime you make and how you spend it and they will do that by doing away with currencies. Then gold. This should be put to the people, not an arbitrary decision made by distant, indifferent government bureaucrats.
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The global elites are using negative interest rates and inflation to make your money disappear. The whole idea of the war on cash is to force savers into digital bank accounts so their money can be taken from them in the form of negative interest rates.
One way to avoid negative interest rates is to go to physical cash. They can’t impose negative interest rates on cash.

In order to prevent people from using that option, the elites have launched a war on cash, as recent events have borne out. The war on cash is old news, but it is escalating rapidly...
India’s decision to make 1,000- and 500-rupee notes worthless is having devastating ripple effects in the Indian economy and the market for gold.

The consequences of the decision are both appalling and encouraging — appalling because they show governments’ ability to destroy wealth, and encouraging because they show the ingenuity of individuals operating under the thumb of an oppressive government.
One immediate consequence of the cash ban was that paper money began trading at a discount to face value. The entire banking system in India has been running out of cash and alternative forms of payment such as gold and barter have been emerging.

In plain English, you might be able to sell your illegal 1,000-rupee note to a middleman for 750 rupees in smaller denominations. You would get legal tender for your worthless 1,000-rupee note. The middleman presumably has some connection with the banks that allows him to deposit the funds without being harassed by the tax authorities.

In plain English, you might be able to sell your illegal 1,000-rupee note to a middleman for 750 rupees in smaller denominations.

It’s not unusual for bonds to trade at a discount due to changes in interest rates or credit quality, but this is the first time I’ve ever seen cash trading at a discount (although I did predict this development in Chapter 1 of my new book, The Road to Ruin.)

The second distortion is that gold is selling in India for over $2,000 per ounce at a time when the world market price is under $1,200 per ounce. This is because Indian citizens are rushing to buy gold for cash.

The gold dealers can then deposit the cash for full value. This is just another form of discount on the face value of the cash. It’s not that gold is more valuable; it’s just that your $2,000 is worth less than $1,200 (in rupee equivalents) when it comes time to buy the gold.

marketslant.com/articles/cash-almost-dead-gold-next-jim-rickards







Overnight

Stocks in Asia overnight were mixed as investors await results from an OPEC meeting and others suggest the post-election momentum is waning. The Nikkei 225 was up mid-morning 0.2% at 18345.95. The index has been up  13% since the election and much of that gains rests on expectations  and hopes from fiscal spending, tax cuts and less regulations.

The rise in the Nikkei snapped a two-session decline. Elsewhere, The Hang Send Index rose 0.3%, and Korea’s Kospi added 0.4%. By contrast, the Shanghai Composite Index was off 0.8% and Australia’s S&P/ASX 200 fell 0.4%.

Oil is definitely in the equation as Reuters reported: Oil prices tumbled nearly 4 percent on Tuesday amid fresh uncertainties over an OPEC deal on production levels with ministers from the 14-nation cartel slated to meet in Vienna later Wednesday to announce a decision on output curbs proposed in September.

During Asian hours on Wednesday, U.S. crude futures rebounded slightly, up 0.62 percent at $45.51, after falling 3.9 percent on Tuesday during U.S. hours. Global benchmark Brent gained 0.37 percent to $46.55, following a 3.9 percent tumble overnight.

Even if OPEC reaches a deal some feel compliance by all members could prove sticky Reuters also
cited "a source, reported documents prepared for the meeting proposed OPEC cut production by 1.2 million barrels per day from October levels at 33.82 million barrels a day, which was more than the 1 million barrel per day the group discussed at a meeting in September"

Despite a higher read  on third quarter GDP growth, 3.2%, up from the initial 2.9% reading,the dollar backed off against a basket of currencies. The dollar index traded at 100.93 overnight fading from near102.00 last week. The Chinese yuan was stronger against the dollar, trading at 6.8829, climbing from its previous close at 6.8933. The Korean won traded at 1,167 against the greenback, up from levels near 1,172 in the previous session. The yen weakness continued against the dollar hitting a of 112.56, falling from Tuesday's levels near 111.98. Gold  held firm ahead of the OPEC meeting trading up 2.60 at 1190.6.













 















































 





Monday, November 28, 2016

Overnight

The Nikkei 225 took it's lead from Wall Street Tuesday following the U.S. Market down as it fell 0.3% to 18,308.50 in early trading. A pause in the weak yen and declining Treasury yields didn't help.

Crude oil prices have been volatile, as the market reacted to developments around efforts by major producers to reach an agreement on the contentious issue of output cuts at their meeting on Wednesday. The dollar stood at 111.96 yen, off its overnight low of 111.35 but well below an 8-month high of 113.90 touched on Friday. Gold traded 1190.80. It has lost $100 since the election as investors moved from risk off to risk on.

The Wall Street Journal, quoting one analyst, noted: “The market is going to go in a risk-off mood in a couple of days” as investor fears about the Italian referendum coming up later in the week grow. Overnight in the U.S., the S&P 500 closed down 0.5%, while the Dow Jones Industrial Average fell 0.3%, led by a selloff in bank stocks amid worries over Italian banks and the spillover effects on the banking sector from the referendum.

Italians are to vote on constitutional changes designed to scale back the country’s legislature, speed up lawmaking and simplify bureaucracy. Investors worry that a “no” vote and the resultant political uncertainty could derail efforts to shore up the country’s fragile banking system. Earlier in the year, Mr. Renzi suggested he would resign in the event of a “no” vote.
Reuters reported Japanese markets slipped on Tuesday in a mostly lower Asian trading session, despite the release of government data hinting at a stabilization in domestic demand.
The country's seasonally adjusted unemployment rate was steady in October at 3 percent, the same level as August.
Household spending in Japan fell 0.4 percent on-year in October, but it fell at a slower pace than the median estimate for a 0.6 percent decline, according to Reuters. Separately, retail sales slipped 0.1 percent on-year for the same month, falling less than the Reuters median estimate for a 1.2 percent annual drop.
The rest of Asian markets were mostly flat, taking cues from the U.S. where a post-election rally appeared to stumble. Traders also looked ahead to key global events set to take place this week, including a meeting on Wednesday between the world's largest oil producers and the release of the U.S. nonfarm payroll report on Friday.
In South Korea, the Kospi was flat at 1,979.03, with shares of electronics giant Samsung up 0.12 percent. The smartphone maker said in a statement on Tuesday it was reviewing if it should transition to a holding company structure.



Sunday, November 27, 2016

Overnight

The Nikkei 225 took an apparent breather early welling off after it had rallied for 7 days as the yen strengthened against the dollar,falling 0.8% to 18,243.33 and going up 12% since the Trump surprise victory.

The upswing was led by a sell-off in U.S.Treasury bonds sending yields much higher as investors look for more inflation owing to Trumps plan to ramp up fiscal spending. The U.S.dollar dropped .2% against the yen after hitting an eight month high of 113.90 earlier this month. Monday the dollar traded at 111.89 yen pushing up exporter stocks in the process.

Crude oil also has been kin the news a lot lately as investors continue to watch to see if OPEC will successfully pull off an output cut deal. Reuters reported: Energy shares will also likely be in focus after Reuters reported that Saudi Arabia said it would not attend talks on Monday with non-OPEC members to discuss production cuts, which prompted a fall in crude futures on Friday of more than 3 percent on Friday in the U.S. On Monday in Asian trade, U.S. crude futures were down 0.89 percent at $45.65 a barrel, while Brent futures dropped 0.91 percent at $46.81.

Symbol
Name
Price
Change
%Change
NIKKEI NIKKEI 18234.90
-146.32 -0.80%
HSI HSI 22861.17
137.72 0.61%
ASX 200 S&P/ASX 200 5486.00
-21.78 -0.40%
SHANGHAI Shanghai 3269.56
7.62 0.23%
KOSPI KOSPI Index 1980.12
5.66 0.29%
CNBC 100 CNBC 100 ASIA IDX 6836.49
29.32 0.43%
 
One of the big stories of the coming week will be Italy's referendum where  Prime Minister Matteo Renzi has stake his political future on making overhauls that polls show so far will be rejected forcing  Renzi ol keep his boast that if they fail he will resign. this could have far reaching implications not just for the EU because on Wednesday the European Union is set issue its report on the eurozone's  November inflation number, expected to move up to 0.6%, a long way still from the ECB's 2% target.

Other news on the week will be the U.S.Commerce Department revised GDP third quarter report. Some are expected to be revised upwards to 3% from the initial 2.9%, another reason for  the Fed to hike rates early next month. The cooking is in the books.Not to be left out, Japan will release its labor and household spending data for October. Unemployment is expected to remain flat while household spending is expected stay in the doldrums.

Gold was last trading at 1193.20 and ounce, up 0.8%.





Dump Romney

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcShMt4L2F5-kKpVjBpD1ioEW7wztJcJSP-1YqUDMzSOEh3PRrlNyw 
There are a few people in the Trump camp with some sense. Kellyanne Conway just might be one of them. Romney is a horrible choice for Secretary of State, not because he has no foreign policy experience. We hope he appoints someone with absolutely no experience.

We have had enough experience in that job. In fact, we've had enough experience in Washington. Just take a look at what got us here. Insiders, left and right. We don't oppose Romney because he's not one of the Republican party regulars; we oppose him because he is.  Forget the peace pipe passing. Forget the party unification, all BS designed to hide more of the same. Screw the pundits. If they get things wrong any more than they have, they'll eventually get something right. But this won't be one of them.

If they had their way they would've hung you out to dry in the primaries. Screw Romney. That's what he's said to the people many times. People, not the party elected Trump. Put some real people in there. Put a goddam farmer in there. He can't do any worse. He'll certainly display some appreciation if he's a real farmer for the fucking soil.
-----
zerohedge.com/news/2016-11-27/kellyanne-blasts-mitt-trump-supporters-feel-betrayed-governor-romney

For weeks the Trump campaign has seemingly been agonizing over the Secretary of State position.  Media reports, to which we attribute the utmost credibility, have suggested that the decision has divided Trump's transition team into three factions: those who want Romney, those who want Giuliani and those who prefer anyone other than those two frontrunners.
While we have no way of knowing what is actually fact versus fiction, what we do know is that Kellyanne Conway is not in the Romney camp.  Conway has made the rounds on this weekend's political talk shows bashing Romney for his brutal criticism of Donald Trump throughout the primaries and general election saying that Trump supporters would "feel betrayed to think that Governor Romney, who went out of his way to question the character and the intellect and the integrity of Donald Trump, now our president-elect, would be given the most significant cabinet post of all, Secretary of State."  Per Politico:

“I’m all for party unity, but I’m not sure that we have to pay for that with the Secretary of State position,” Conway said. “We don’t even know if Mitt Romney voted for Donald Trump.”

And she wasn't done yet.

Later, on NBC's "Meet the Press," Conway continued to make the case against Romney.

"People feel betrayed to think that Governor Romney, who went out of his way to question the character and the intellect and the integrity of Donald Trump, now our president-elect, would be given the most significant cabinet post of all, Secretary of State," Conway told host Chuck Todd.

"They feel a bit betrayed that you can get a Romney back in there after everything he did."
Here's what Conway had to say on CNN's "State of the Union":

Hide The Can

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/11/06/fillon%20chateau_0.jpg                                                  
Does this guy look like an elitist dressed in kick-the-can clothing?

This has the smell of it that if you love the EU you will love this guy. Overcoming the globalists is only one half of the equation in the eyes of many. Making them pay for the pain and discrimination they've caused is the other. Madame LePen is the globalists worst nightmare.

Globalists are easily recognized by the number of threats they like to toss into the laps of anyone who disagrees with them.

zerohedge.com/news/2016-11-27/french-primary-results-are-conservative-fillon-trounces-moderate-juppe-69-vote

MSM Trash

https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcR-osx-uCLs6uV3ewdjGKbGoKJx-bDvNsNkSmO5JLLopeTNB2NC-Q
Here is just one story why the media is so disliked today. You note from her own statement how hard she worked to expose this guy. It was a four-part investigation which one assumes justifies the absence of any pretense of journalistic objectivity on the reporter or her employer.

Thrashing around in the man's trash bend tells you something about who the real trash is, MSM.

Judging how she concludes this article the guy did her a favor. She should pay him. Sounds like he might have saved her marriage and family. As for that psychiatrist, has any one brought charges against her yet for violating the HIPPA laws? Has the state medical board revoked her license? Or is this just another elitist case of it all depends on whose ox get gored?

“The consumer fraud charges and criminal case against him were the result of a 4 part investigation–I worked very hard to expose this guy–and in the end, I paid a very high price,” Hemmat wrote yesterday. 


She further details the sense of panic that overcame her when the therapist informed her of the business owner’s threats:
The psychiatrist thought the threat was so credible, she broke HPPA laws (the laws that protect medical records of psychos, such as the theater shooter–James Holmes) to warn me. She informed me he was on a “72 hour mental hold” but because it was 4th of July weekend, (2015) he would likely be released before then. She then asked me if I had somewhere else I could go because he knew where I lived and of course, where I worked. I remember the chill than ran from the top of my head to the soles of my feet. Of course I had nowhere to go! I have 2 children, then 1 and 3, I couldn’t just leave on a whim –where would I go?
Hemmat alleges that her employers at Fox 31 “downplayed” the threats. Despite her years of outstanding work, she acknowledges that things have changed severely, further justifying her move. “Society has changed. People have changed. My physical and mental health were unraveling. As soon as that ratings period ended I took an unpaid leave of absence, and in August I asked to be let out of my contract. My boss sent out a note to the staff that failed to acknowledge my 15 years of service at KDVR, the 6 Emmy awards I had won for the station or the fact that I had literally put my life on the line. It just said ‘Heidi is no longer an employee of FOX 31.'”
Hemmat wrote her lengthy open letter on Thanksgiving Day, writing at one point, “I write with this with tears in my eyes, because I have so much to be thankful for.”

“I have spent more time with my kids in the past 6 months than in the entire 4 years of my son’s life. My kids are happy, my husband is happy, our marriage is stronger than ever,” she continues. “Words cannot express my gratitude.”
 mediaite.com/online/reporter-quits-after-receiving-death-threats-my-physical-and-mental-health-were-unraveling


http://static01.mediaite.com/med/wp-content/uploads/2016/11/Screen-Shot-2016-11-25-at-8.19.50-AM-650x360-1-300x166.jpg

Saturday, November 26, 2016

Some Things Come Undone

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

Some things come undone of their own doing. Usually when it occurs it couldn't happen to a more deserving group. And this is another case after 35 years of their reign and terror, the elite crowd from academia to bureaucrat city to Wall Street, the elites are getting their well-deserved comeuppance and more.

In the past they used subterfuge to try to fight off or question the questioners. "Who are they?" was one of their favorite ploys. Well, we all now know who they are. They have names, they have occupations and professions and they had leverage. From academia to Hollywood to Wall Street and Washington.

Never again concede your leverage. Never again be afraid to stand up for what you believe in, never again be afraid to speak up against the evils of PC or the use of your tax dollars to promote PC propaganda in our state supported institutions. Don't be afraid to vote your purse strings. Trade embargoes don't all have to be international. They can be domestic.

We've said all along PC economics and social sciences are the enemies of your freedom and liberty. Don't drop out. Dig in. The line is already down. Question PC at every turn. These zealots are masters in the use of force and PC is their primary weapon. And force is the only thing they'll ever understand. This is not a time for peace pipes. These people intended to take no prisoners. Think otherwise at your own enslavement.
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Ideas played an important role in creating the conditions that produced Brexit and Trump. The ‘social sciences’ — especially economics — legitimated a set of ideas about the economy that were aggressively peddled and became the conventional wisdom in the policies of mainstream political parties, to the extent that the central theme of the age came to be that there was no alternative. The victory of these ideas in politics  in turn strengthened the iron-handed enforcers of the same ideas in academic orthodoxy.

It is never clear whether ideas or interests are the prime mover in shaping historical events, but only ideas and interests together can sustain a ruling consensus for a lengthy interval, such as the historic period of financialization and globalization running over the last 35 years. The role of economics in furnishing the now-rebuked narratives that have reigned for decades in mainstream political parties can be seen in three areas
ineteconomics.org/perspectives/blog/trumpism-has-dealt-a-mortal-blow-to-orthodox-economics-and-social-science

Friday, November 25, 2016

What A Faking Mess

 http://www.zerohedge.com/sites/default/files/images/user230519/imageroot/2016/11/25/hillary-shrug_0.jpg
Oh my heavens (Can you say that anymore?), this is the worse news. The fake nation Australia just cut its fake contributions to the fake Clinton Foundation. One can only wonder what the fake Washington Post will fake about such a fake tragedy.

We're going to change that to: Holy fake! Before we go any further, however, we feel a disclaimer is necessary. As noted below we got this story from the fake zerohedge.com news that just today was named a fake news site by the long standing fake Washington Post. That reminds of an old saying: "It takes one to know one."

For months we've been told that the Clinton Foundation, and it's various subsidiaries, were simple, innocent "charitable" organizations, despite the mountain of WikiLeaks evidence suggesting rampant pay-to-play scandals surrounding a uranium deal with Russia and earthquake recovery efforts in Haiti, among others.  Well, if that is, in fact, true perhaps the Clintons could explain why wealthy foreign governments, like Australia and Norway, are suddenly slashing their contributions just as Hillary's schedule has been freed up to focus exclusively on her charity work.  Surely, these foreign governments weren't just contributing to the Clinton Foundation in hopes of currying favor with the future President of the United States, were they?  Can't be, only an useless, "alt-right," Putin-progranda-pushing, fake news source could possibly draw such a conclusion. 
Alas, no matter the cause, according to news.com.au, the fact is that after contributing $88mm to the Clinton Foundation, and its various affiliates, over the past 10 years the country of Australia has decided to cease future donations to the foundation just weeks after Hillary's stunning loss on November 4th.

zerohedge.com/news/2016-11-25/australia-joins-norway-it-cuts-clinton-foundation-donations

News.com.au confirmed Australia's decision to cut future donations to the Clinton Foundation earlier today.  When asked why donations were being cut off now, a Department of Foreign Affairs and Trade official simply said that the Clinton Foundation has “a proven track record” in helping developing countries.  While that sounds nice, doesn't it seem counterintuitive that these countries would pull their funding just as Hillary has been freed up to spend 100% of her time helping people in  developing countries?  
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The above picture was snapped immediately after Hillary learned she lost the election. She was so surprised she had to fake here reaction: "What a faking  mess? What happened to all those fake voters George promised?"