It was October and the Democratic Party’s presidential candidate was faltering in the polls after the Democratic National Convention. The Republican Party’s presidential candidate began negotiating with a foreign government to cook up a scheme to embarrass the Democratic candidate. The scheme was successful and the Democratic candidate went on to lose the election to a Republican candidate who was feared by many for his unorthodox stance on several domestic and foreign issues...
"There are two ways by which the spirit of a culture may be shriveled. In the first - the Orwellian - culture becomes a prison. In the second - the Huxleyan - culture becomes a burlesque." Indeed, Donald Trump may be the smartest move yet by the powers-that-be to keep the citizenry divided and at each other’s throats, because as long as we’re busy fighting each other, we’ll never manage to present a unified front against tyranny in any form.
A Judicial Watch lawsuit seeking records related to potential collusion between the Justice Department and Hillary Clinton operatives during her email investigation has resulted in a federal judge issuing a rare order instructing the DOJ to preserve the Gmail records of the now infamous Assistant Attorney General Peter Kadzik.
"There are some really unexpected things happening with the Trump administration and there are no doubt a lot more people paying attention to Twitter at 2am in the night... We are operating in a very different environment where markets are reacting and adapting to changes that have not been seen for a good decade or more."
Less than a month after president-elect Trump first tweeted about the F-35's high costs, and a week after he brought up the F-35 in his first press conference, Reuters reports that The U.S. Department of Defense and Lockheed Martin are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time.
With liquidity still scarce, moments ago on Thursday morning, the PBOC added another net injection of 190 billion consisting of 100Bn in 7-day repo and 150BN in 28-day repos, offset by 60bn yuan in previous loans maturing. As a result, the PBOC has injected a net of 1.035 trillion yuan via reverse repos so far this week, an all time high.
To avoid the impression that it is losing the war on smog, China has come up with something typically "innovative": it has ordered local meteorological bureaus to suspend issuing smog alerts, raising suspicions the government is covering up information about the country's air pollution as public anger over the issue grows.
"It doesn’t worry me that Donald Trump hasn’t done an interview with CNN in eight months. I think our credibility is higher than ever, and our viewership is higher than ever, and our reporting is as strong as ever."
President Maduro is correct. Venezuela’s economic woes are indeed the result of economic war and mafia attacks. But Venezuela’s political elites are the mafia, and they alone have waged a decades-long economic war on Venezuela’s people.
"Mr. Assange welcomes the announcement that Ms. Manning's sentence will be reduced and she will be released in May, but this is well short of what he sought. Mr. Assange had called for Chelsea Manning to receive clemency and be released immediately."
December was a fitting end to a difficult year for hedge funds: the single largest month of outfles in 2016, December also marked the sixth month of outflows in the last seven, and resulted in Q4 not only being the fifth consecutive quarter of redemptions, but also the largest quarterly outflow from the industry since Q1 2009.
Speaking to Bloomberg TV in Davos, JPM CEO Jamie Dimon said “the euro zone may not survive,” and added that "what went wrong is going wrong for everybody, not just going wrong for Britain, but in some ways it looks like they’re kind of doubling down."
It is time to "acknowledge the fact" that "US allies have grossly interfered in America’s internal affairs, in the election campaign" Russian foreign minister Sergey Lavrov said."We noticed that Angela Merkel, Francois Hollande, Theresa May, and other European leaders" did so and "demonized" Donald Trump during the election campaign.
The CIA has posted a vast cache of nearly 12 million declassified CIA pages online, including info on Nazi war crimes, the Cuban Missile Crisis, UFO sightings, human telepathy ("Project Stargate") and much more.
As President Obama held his last press conference this afternoon, basking in the warm afterglow of an over-sampled poll showing his favorability near record highs, it would appear he (and the press corps) forgot to mention that for most Americans - the 80% in production and nonsupervisory roles - this morning's data showed real wages actually dropping for the first time since 2013. Not exactly the rosy picture of economic growth being spun by the media as Obama transitions to Trump.