Frontrunning: August 23

  • Trump Tries to Recharge His Base in Arizona Rally (WSJ)
  • Trump Threatens Government Shutdown Over Border Wall Funding (BBG)
  • Trump defends response to Charlottesville violence (Reuters)
  • Trump Assails Media in Angry Defense of Charlottesville Response (BBG)
  • North Korea presses rocket program, but amid signs of drama easing (Reuters)

Stocks Slide After Trump Threatens Government Shutdown Over Wall Funding, Killing NAFTA

US equity futures reversed early gains to slip as much as 0.3% following a fiery Trump campaign rally speech in which he threatened to shutdown government over border wall funding. Additionally, the yen strengthened, while the Mexican peso weakened 0.2 percent as the president also said he might terminate the North American Free Trade Agreement at some point.

Pentagon Denounces American Nazis While Arming Ukrainian Nazis

What makes the Pentagon’s response to Swastika-flag-waving American Nazis rather bizarre is that this week the US Defense Secretary, General James Mattis, is reportedly traveling to Ukraine where he is to sign over shipments of lethal weapons to the armed forces of the Kiev regime. That regime openly glorifies Ukrainian regiments that collaborated with the Nazi Third Reich during the World War Two.

Despite Sanctions, Qatar Is Still Outpacing Saudi Arabia In Economic Growth

Though the extent of Qatar’s economic expansion sees new limits, it still outpaces its former GCC allies. It is ahead of Saudi Arabia by 0.5 percent and the United Arab Emirates by two percent, the latest surveys say. And that is a problem for the GCC, especially for Saudi Arabia.

How The US Deep State Accidentally Forged A Multipolar World Order

"The stronger the pressure of the deep state on the multipolar powers, the greater the speed with which the advance of the multipolar world will replace the unipolar one. Early effects will appear in the economic sphere, particularly in relation to movement towards de-dollarisation, which may mark the beginning of a long-awaited change..."

Schlichter: "Normal Americans Are Bored By The Fake Drama"

"The establishment’s tactic is to paint anyone they dislike as Nazis and any ideas its members oppose as hate speech...The media is running with it...Even after a week, CNN is still quivering and writhing in an earth-shattering Nazigasm."

The Imperial Collapse Clock Ticks Closer To Midnight

"...Trump has been totally brought to heel, a fact that’ll become increasingly crystal clear in the months ahead. This is now your standard Wall Street and military-industrial complex run Presidency..."

Freedom For The Speech We Hate: The Legal Ins & Outs Of The Right To Protest

"Instead of encouraging people to debate issues and air their views, by muzzling free speech, we are contributing to a growing underclass of Americans who are being told that they can’t take part in American public life unless they 'fit in'... This attempt to stifle certain forms of speech is where we go wrong."

The Problem Is Bigger Than Trump And Obama: Should The One-Man Presidency Be Abolished?

The Founding Fathers "were not nearly as insightful as is often pretended." Not everyone was fooled at the Convention, including George Mason who correctly noted: "If strong and extensive powers are vested in the executive, and that executive consists only of one person, the government will of course degenerate  into a monarchy..."