Transparency

The Propaganda About Russian Propaganda

Bogus news stories did flood social media throughout the campaign, and the hack of the Clinton campaign chair John Podesta’s e-mail seems likely to have been the work of Russian intelligence services. But, as harmful as these phenomena might be, the prospect of legitimate dissenting voices being labelled fake news or Russian propaganda by mysterious groups of ex-government employees, with the help of a national newspaper, is even scarier.

Glenn Greenwald Condemns Washington Post's "Cowardly Group Of Anonymous Smear Artists"

"...this group of ostensible experts far more resembles amateur peddlers of primitive, shallow propagandistic clichés than serious, substantive analysis and expertise; and is engaging in extremely dubious McCarthyite tactics about a wide range of critics and dissenters... WaPo should be very proud: it staked a major part of its news story on the unverified, untestable assertions of this laughable organization."

Indian Currency Crashes To Record Low As Cash Exchange Of Old Notes Suspended

It appears the social unrest, economic collapse, and currency crisis sparked by Indian PM Modi's decision to demonetize "corrupt" high-denomination bank-notes was not enough. As the Rupee crashed to a record low overnight, officials announced a suspension of the exchange of 'old notes' as of tomorrow to, in their words, "encourage people to deposit old notes in their bank accounts."

The Political Triumph Of The Empty Gesture

Politics is the art of the symbolic gesture. The successful symbolic gesture gains gravitas by crystallizing a narrative that attracts a consensus that then powers policies of substance. The politics-as-usual gesture is empty of substance, serving only to mask collusion and failure.

"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."

Newt Gingrich Confirms "I Will Not Be In Donald Trump's Cabinet"

Having been a loyal defender of Trump through the campaign - slamming the media's bias and Megyn Kelly's sex-addiction at one point - former House Speaker Newt Gingrich has confirmed today in an interview with McClatchy, that “I will not be in the Cabinet...I intend to be focused on strategic planning.”