Obama Administration

Frontrunning: August 18

  • World stocks rise, dollar weakens on divided Fed  (Reuters)
  • U.S. Held Cash Until Iran Freed Prisoners (WSJ)
  • Brazil police pull U.S. swimmers from flight amid robbery probe (Reuters)
  • Rio’s Latest Headache: Loads of Empty Seats (WSJ)
  • Clinton Foundation hired cyber firm after suspected hacking (Reuters)

Obama Lied: New Details Confirm $400 Million Given To Iran Was Indeed "Hostage Ransom"

For the self-described "most transparent administration ever" it appears keeping the lies straight is becoming harder and harder. Having slammed the press, Donald Trump, and anyone who dare mention the "lack of logic" in paying a $400 million ransom for 4 Iran hostages, WSJ reports that Treasury officials have confirmed that Obama lied and in fact, the tightly scripted exchange of cash was specifically timed to the release of several American prisoners held in Iran. Trump was right again.

There Is A Line!!

"There is a line where middle America figures it out and begins to fight back... We are about to see the masks come off."

Frontrunning: August 17

  • Futures flat ahead of Fed minutes (Reuters)
  • Trump shakes up campaign staff (Reuters)
  • Univision Wins Bankruptcy Auction for Gawker Media for $135 Million (WSJ)
  • Congress receives FBI material on Hillary Clinton emails (CBS)
  • Traders Brace for More Turmoil in World’s Worst Stock Market (BBG)

Obama Wants A Third Term And This Is How He Could Make It Happen

Yes, we are all well aware the Constitution limits the Presidency to two consecutive four-year terms of office.  Then again, if you weigh the track record of the Obama administration, the Constitution is nothing more than a challenge that he bypasses and circumvents with every given opportunity.  Small wonder that he may very well do the same thing with the upcoming presidential elections.  Already a sham, the presidential elections are actually a vehicle he can use to grab that “Third Term” for himself.

Frontrunning: August 16

  • World stocks edge away from one-year peak, dollar on defensive (Reuters)
  • Central Banks Could Be This Market’s Pets.com (WSJ)
  • Clinton announces transition leadership should she win in November (Reuters)
  • Oil Trades Near $46 a Barrel as Nigeria Sees OPEC Cuts Unlikely (BBG)
  • BHP Billiton Reports Worst-Ever Annual Loss (WSJ)

Obama Ships 15 Guantanamo Prisoners To Emirates In Largest Ever Gitmo Inmate Transfer

In the latest move set to infuriate Republicans, moments ago U.S. officials announced that on Monday, 15 inmates from the Guantanamo prison were transferred to the United Arab Emirates, the single largest transfer of Guantanamo detainees during Obama's administration. Following the transfer of the 12 Yemeni and three Afghan citizens, the total number of detainees at Guantanamo Bay naval base will drop to 61. Most have been held without charge or trial for more than a decade, drawing international condemnation.

FBI To Hand Over Clinton Email Probe Files To Congress

In what may be some overdue, and much needed transparency, the WSJ reports that the FBI will "hand over" its Clinton email probe files to Congress. Actually, in retrospect, don't hold your breath for any new revelations for one simple reason: there will be no actual testimony.

Captured ISIS Terrorist Confirms He Has "Jihadist Brothers" In Mexico; Obama Administration Denies It

An ISIS operative arrested and criminally charged in Ohio this month has confirmed that the terrorist group has cells in Mexico, according to federal authorities. Judicial Watch has reported this for years, documenting it in a series of articles as part of an ongoing investigation on the connection between drug cartels, corruption and terrorism on the southern border...  the Obama administration has publicly denied it.