Corruption

Brazil's New President Temer Threatened With Impeachment After New Corruption Scandal Emerges

Brazil’s new president Michel Temer was dragged into yet another influence-trafficking scandal after his former minister of culture reportedly told police the president pressured him into authorizing a construction project benefiting another cabinet member; according to the local press, there is a recording of the conversation which according to Temer was largely innocuous.

The Great Thanksgiving Hoax (Or How The Pilgrims Ended Socialism 400 Years Ago)

Each year at this time, schoolchildren all over America are taught the official Thanksgiving story, and newspapers, radio, TV, and magazines devote vast amounts of time and space to it. It is all very colorful and fascinating. It is also very deceiving. This official story is nothing like what really happened. It is a fairy tale, a whitewashed and sanitized collection of half-truths which divert attention away from Thanksgiving's real meaning.

India's Currency Debacle: "Consider It A Warning"

"Although what India’s citizens are facing these days may seem a remote danger to most Westerners, it does demonstrate an important point: state-issued paper currency exists only at the sufferance of the State. It can be made worthless by decree."

Conservatives "Betrayed" By Trump Decision To Kill Clinton Probe

Conservatives expressed feelings of betrayal on Tuesday after Trump said he would decline to pursue a criminal case against Hillary Clinton: "If Mr. Trump’s appointees continue the Obama administration’s politicized spiking of a criminal investigation of Hillary Clinton, it would be a betrayal of his promise to the American people to ‘drain the swamp’ of out-of-control corruption in Washington, DC.

India's War On Cash Is Forcing The Rich To Beg The Poor For Help

Maids, drivers, nannies, and cooks in India are experiencing unusual politeness from their employers. Beyond the work they do every day, they suddenly have another use – to launder the undeclared cash which the rich have been hoarding in steel wardrobes, under the mattress and in under-bed storage.

Frontrunning: November 22

  • Record highs for Wall Street quartet send other stocks higher (Reuters)
  • Oil prices rise to highest this month on hopes of OPEC deal (Reuters)
  • OPEC Likely to Reach Output Consensus, Delegate Says (WSJ)
  • Trump’s Targets in First 100 Days: Trade, Regulation, Corruption (BBG)
  • Trump Poised to Push Nafta Changes, Pressure Mexico on Trade (WSJ)

'Grey Champion' Assumes Command, Part 2

Seventy year old Donald Trump has assumed the Grey Champion flagstaff. In an increasingly chaotic world, normal working class Americans in flyover country were seeking a leader who could bring order, defeat the corrupt establishment, make tough decisions, and capture the zeitgeist of this moment in history. The ruling elite oligarchs and their fawning minions are infuriated the peasants have dared to resist. In their secretive secure spaces, the elites are plotting with one purpose in mind – this uprising must be quelled.

Fear And Loathing Inside The Deep State

Everyone in the Deep State is threatened by the Trump Presidency. The Deep State understands that power, funding, ideological stratagems and domination of government, media, academia, think tanks and NGOs are in the ‘field of fight’. Drain the Swamp pertains to more than getting the corruption out of the system.

"Brace For Economic Disruption" SocGen Sees "Sharp Rise In Gold" As India Plans Cap On Cash Holdings

India's 'de-monetization' scheme has caused chaos across the nation, and while SocGen says the government's plan may have some short-term success in curbing so-called 'black-money', investors should "brace for economic disruption" as Bloomberg reports the Indian government is considering a cap on cash holdings for individuals. As SocGen concludes, "people will now be more inclined to park their black income in gold rather than in currency."