http://www.zerohedge.com/fullrss2.xml/etf_headlines/etf_headlines/ETF-in-Focus-G en Deep State and the Path From Fantasy to Meme to Fact (sic) http://www.zerohedge.com/news/2017-08-20/deep-state-and-path-fantasy-meme-fact-sic <p>Horror Vacui. Nature abhors a vacuum. So do humans. Where there is a lack of knowledge, or a lack of answers, humans will make up stuff to fill the void. That might be comforting, but it can be dangerous. It is how superstitions are created, and it also can be the genesis for everything from racism to social division, strife, and violence. It is the sort of thing that gets "witches" burned at the stake.</p> <p>This place, which is to say the Comments Section, never ceases to amaze! Similar to other Open Comment sites, it tends to gather a specific type of person and then structures itself into a uniform community, with nary a dissonant voice. Years ago Tyler told me that less than 1% of the readership wrote comments. That was back when the site was primarily financial. I don’t know what the percent is today, but I would guess the demo has changed, and many who once came for financial insight now just visit occasionally for a few laughs. So long as there are clicks and eyeballs, it’s all good. The cash register still rings.</p> <p>I wonder if the vocal membership ever stops to ask themselves why they think what they think, and what has convinced them to believe the most outlandish things? Do they really know what they think they know, or do they just assume a set of beliefs that has some odd internal psychological agenda, but about which they really know absolutely nothing? </p> <p>Never have so many been so wrong about that which they are so sure. Yes, I’m talking to you with your endless conspiracies and your chemtrails and your Deep State and your debilitating fear of your own shadows---you know, because those shadows just might be CIA-generated ninja assassin 2D holograms armed with mini-HAARP neural disrupters!</p> <p>I appreciate some of the folks here are batshit crazy---way too many---and that explains their bizarre world view. Sadly, nothing can be done about them. We’ll forever have them with us. I do believe Tyler gets a good chuckle out of the nonsense you guys produce, and he is expert at pushing your panic buttons. Kudos to him for capturing the moonbat demographic and monetizing it. Other folks, however, who may be sane, but who are viewing all sorts of events from outside of the arena, still become cocksure in their views merely because they had a pre-existing belief and searched the internet until they found something that corroborated it. They call that becoming ‘awake’, or ‘taking the red pill’, but to call a spade a spade, it is simply confirmation bias. One belief then becomes the base against which subsequent events are assessed and analyzed. “This one feels like a false flag” is a function of them assuming all of the previous events they believe were false flags actually were, which of course they were not. Foundations get built on quicksand. That is truly an odd thing, seemingly the result of that aforementioned vacuum, plus a sense of personal victimhood and self-esteem issues. It drives people to manufacture answers, and even bad answers are good enough. There isn’t any quality control, because the mental infrastructure that spews out thoughts is flawed.</p> <p>This wonderful---and often not so wonderful---internet thing has replaced the old neighborhood coffee shop or greasy spoon diner, the place where like-minded people gather to reinforce each other’s beliefs and to find comfort in belonging. It has never been so easy for an individual to find an echo chamber, to feel they are independent free thinkers by becoming part of a flock. Yes, that is a contradiction, but the point is that vacuum filling, and finding a way to salve the pain of victimhood, is the goal. The internet delivers in a way, and to a degree, no coffee shop ever could.</p> <p>This site is very much that echo chamber, a kind of cyber neighborhood coffee shop. Folks gather, memes are introduced, gnawed on, embraced, and ‘corroborated’ by posting LINKS to websites that ‘make sense’ (but where the original author likely knows absolutely nothing). Soon a sort of circularity or tail-chasing occurs, where LINKS stumble upon themselves so many times, that something someone somewhere pulled straight from his or her backside becomes gospel.</p> <p>Once the meme morphs into gospel status, believers congratulate themselves on their sophistication and for ‘figuring it out’. Anyone who doubts is either a ‘paid troll’, woefully naïve, or something worse. It doesn’t matter whether the common song in the echo chamber is melodious or not, only that it fills the vacuum and offers solace to the victims of whatever the injustice from which they believe they suffer. Nobody can really imagine what the world would be if all the dragons were slayed, partly because it is far too complicated, and mostly because the majority of the concepts are wrong from the get-go. In any event, it really is all about the journey, not the destination.</p> <p>There are countless examples of this process, though I will only mention one. Some of the unmentioned have resulted in needless violence born from pure stupidity (Dylann Roof, Edgar Madison Welch), while some have just served to generate lots of self-inflicted pain in the form of anger and bitterness (just scroll any comment section on this site for proof). One wonders if anger and bitterness do not become a need or an addiction. Certainly plenty of people go out of their way to fuel it and nurse it.</p> <p>My personal favorite fantasy-turned-fact is the term, or entity, “Deep State”. What the hell do people think that means? That there is some constant cadre of self-appointed folks who run the country or the world? THAT is woefully naïve. Painfully naïve, even childish. It is a silly belief fed by a combination of Hollywood, pulp fiction, ignorance, and insanity, and it is about as real as Star Wars or Men in Black (I know, I know---some here will tell me those are actually documentaries---and they can prove it with LINKS).</p> <p>The good news is that nobody is as clever as he or she would have to be to be able to pull off any of what so many sad souls believe to be true. A world of 210 countries and 7.3 billion individuals simply has too many variables. The bad news is that despite that lack of omnipotent beings, leaders and power brokers are, in a relative sense, still way above the conspiracy junkies. </p> <p>So here is a quick overview of the actual State, and while it might be deep, lumbering and somewhat opaque, nefarious it is not:</p> <p>There are three branches of government, as most learned in grammar school Civics Class. No news there. They check and balance each other. They also try to defend their turf, battling each other. Each branch has some turnover---political appointments or elected officials at the highest level, deaths or retirements, and tens of thousands of GS-employees, who spend careers working under many Administrations. </p> <p>Most appointments last a maximum of eight years, but generally less. (Under Trump, it can be as little as a week---The Mooch). </p> <p>Legislators can last longer than someone in the Executive Branch, though there are many one or two term Congresspeople. </p> <p>Judges can hang around a long time, but there are so many courts at various levels that they have their own intramural competition, which explains why there is an appeals process. </p> <p>Bureaucrats can linger for 20+ years, but most are just that: bureaucrats. They take a paycheck, do some work, and either go shopping on the weekend or binge watch something on Netflix. They worry about their kids’ grades, or try to remember what time they have to pick up little Noah or Amelia from soccer practice.</p> <p>The elected officials and the appointees are the ones who push policy, not the bureaucrats, because it is the temporary players whose ego is at play, and who think they have all the answers.</p> <p>Inside the Beltway, in is in, and out is out. One day a person is a Senior Official with access to the deepest intelligence, policy and military secrets of the nation. The next day, the same person is sitting in his or her pajamas on the couch watching the morning shows, completely out of the loop. Once Administrations change, former officials have a limited shelf life---perhaps six months---where they can be guests on panel shows or the Sunday Talk Shows, though a few land a corner office with an IB or hedge fund who wildly overpays and comes to feel Buyer’s Remorse (aka, they get Eric Cantor’d). After that, they become Jeopardy answers---unless they are really engaging guests on TV or write a best seller. The ones who last longest spend their final years as ‘Photo Ops’ or ‘Selfie Targets’. Lots of people want a picture to frame for their office standing, for example, with Henry Kissinger or James Baker. Bill Clinton has now officially entered Selfie Target status, and Hillary will, too, as soon as she comes to terms with her self-inflicted defeat (this writer has his share of such photos…somewhere, in some closet or box).</p> <p>Outside of actual government officials, there are business leaders and lobbyists who tend to have longer term influence than political appointees, but even their influence is limited both by the tenure of their position as well as the changing landscape of American business. Competition and technological advancement bring new faces to the fore and old faces fade away. For example, one day Harold Geneen (“Not ‘J’ as in ‘Jesus’, but ‘G’ as in ‘God’”) gives way to Lee Iococca, who gives way to Jack Welch, who gives way to Jamie Dimon, who gives way to Mark Zuckerberg. Influence, or ‘Power’ is rather fleeting. </p> <p>Even fortunes tend to dissipate with time, as neer-do-well kids eat up the corpus, or inflation makes yesterday’s fortune chump change compared to the newest next best thing. Thirty years ago the Bass Brothers were at the top of the Forbes 400. Remember them? Today, the combined Bass fortune is not even a fifth of Jeff Bezos’ wealth. Paul Ryan might tell his secretary to tell a Bass that ‘I’ll call him back”, but he’ll take Jeff Bezos’ call immediately That’s how it works. How about one of the internet’s bigly baddest Bogeymen, the Rockefellers? ZIRP and risk aversion killed that fortune’s clout. No matter how large the fortune, Bezos and Zuckerberg sped past it like Usain Bolt in an Olympic final. How much clout does the Rockefeller Foundation have compared to the Washington Post or Facebook?</p> <p>The only thing constant in the halls of power is change. Deep State is a wading pool, with a leak, in the middle of a desert. Power lasts only slightly longer than a Higgs Boson.</p> <p>If Steve Bannon learned anything during his seven months in Trumpistan, it is likely that he learned Deep State is a silly myth. If he still believed in it, he wouldn’t be going to a relatively small internet media site funded by a single man’s fortune. If Deep State was a reality, a David as small as Breitbart wouldn’t dare trying to stand up to the Deep State Goliath. Of course Bannon might still use the term if he thinks doing so will work to his advantage, just as he plays Pied Piper to the more virulent elements of Alt-Right, when in point of fact he considers them clowns.</p> <p>Reality is likely disappointing to many. Things like Deep State or Secret Cabals provide excuses to people who fail to succeed. For others, such beliefs are just entertainment, and do no harm so long as they are not taken too seriously. For the former group, however, the ones who use such beliefs as excuses, it can be debilitating and lead to a kind of bitterness that never goes away. Every time I visit this website now, and scroll through comments, I see that bitterness. It is wasteful. It foments anger or rage that can’t be doing a body much good. It is also purely self-inflicted.</p> http://www.zerohedge.com/news/2017-08-20/deep-state-and-path-fantasy-meme-fact-sic#comments Central Intelligence Agency Fail Henry Kissinger Jamie Dimon Oral literature Over Reality Rockefeller Foundation Vocal music Sun, 20 Aug 2017 16:35:03 +0000 chindit13 601988 at http://www.zerohedge.com Morgan Stanley: Here Comes "The Three-Headed Policy Monster" http://www.zerohedge.com/news/2017-08-20/morgan-stanley-its-almost-time-three-headed-policy-monster <p>One month ago, Morgan Stanley's chief cross-asset strategist <a href="http://www.zerohedge.com/news/2017-07-23/morgan-stanley-debt-ceiling-worries-us-most">looked at the current state of the market </a>- "the S&amp;P 500, Russell 2000 and NASDAQ have hit all-time highs. Volatility has plunged back down near all-time lows. Credit is tighter and yields have been stable" - and asked "<strong>what rattles this market. What breaks the egg?" </strong></p> <p>His answer was five-fold, including valuations, inflation, geopolitics and China, but the biggest concern was what is coming in just one month on the US legislative docket:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p><strong>The debt ceiling worries us most, given that action may need to be taken within as little as seven weeks. </strong></p> </blockquote> <p>It was "seven weeks" four weeks ago, which means that the D(debt)-day for the US government - now expected ti hit in the first days of October - is ever closer, even as the domestic political situation in the U.S. gets progressively worse. </p> <p>So where are we now? </p> <p>Predictably, as Sheets writes in today's latest weekly Sunday Start, "political risk is rising on our list of concerns, after a limited (negative) impact so far this year", and while the MS strategist is concerned about the UK, he is increasingly more worried about the US: "In the US, it’s the need to pass a budget and increase America’s borrowing authority so the world’s largest economy can pay its bills. The stakes are high; without the ability to issue new debt, our economists expect that the US Treasury’s dwindling cash reserves could be exhausted by mid-October" meanwhile "<strong>in the US, Congress will return Labor Day to face what my colleague Michael Zezas calls a “three-headed policy monster”: Raising the debt ceiling, passing a budget and embarking on tax reform. None are easy, but we see the debt ceiling as the most immediate test.</strong>"</p> <p>What happens then:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>The most likely outcome is that, after some tension, the debt ceiling gets raised. But <strong>we don’t think it will be easy, or smooth, and it may require some form of market pressure to get different sides to fall in line. </strong>I’ve spoken to investors who are comforted by FOMC transcripts from 2011 that discussed prioritisation of debt payments in order to avoid default. <strong>I am not. First, I worry that this reduces the urgency of what remains a serious issue. Second, this prioritisation would require delaying payments to programmes like Social Security and Medicare, with real human and economic cost. </strong>And third, while the mechanics of this prioritisation may work, it is untested in a live environment.</p> </blockquote> <p>In other words, the fact that the Fed has a "backup plan" for the worst case scenario, is precisely why the worst case scenario is now much more likely to happen, something that judging by the growing kink in the T-Bill curve, the market increasingly agrees with, and why the first week of October could be a major shock for risk assets. </p> <p><img src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/17/20170818_debt_0.jpg" width="600" height="381" /></p> <p>&nbsp;</p> <p>Furthermore, assuming a best-case outcome, one where a clean bill passes with no problems, there is an additional wrinkle according to MS: </p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>"in the good scenario where the debt ceiling is increased, the Treasury will need to issue a lot of paper to claw back the cash balance that’s been drained during this process. <strong>Our US economists think that this could involve US$300-375 billion of T-Bill issuance in 4Q, a level with very limited historical precedent.</strong>"</p> </blockquote> <p>While there are various trade ideas associated with that observation, Sheets ends off with a somber, philosophical adieu:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>The idea that America’s creditworthiness is beyond reproach is, without exaggeration, the cornerstone of the global fixed income market. We hope that politicians appreciate the seriousness of this issue and put politics aside to resolve it. <strong>History is watching</strong>.</p> </blockquote> <p><em>And on that note, here is Morgan Stanley's full report:</em></p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p><strong>One-Sided Political Risk </strong></p> <p>&nbsp;</p> <p>We remain constructive. But political risk is rising on our list of concerns, after a limited (negative) impact so far this year. In both the US and UK this risk looks one-sided and negatively skewed over the next month, with the best case being that it may not matter. We’d stress that this is before considering any effect on confidence or policy after a growing number of CEOs and business leaders moved this week to publicly rebuke and distance themselves from the US administration. </p> <p>&nbsp;</p> <p>In a few weeks’ time, politicians will come back from their summer holidays to face serious challenges. <strong>In the UK, there will be increased scrutiny of the progress (or lack of) in Brexit negotiations</strong>. In the US, it’s the need to pass a budget and increase America’s borrowing authority so the world’s largest economy can pay its bills. <strong>The stakes are high; without the ability to issue new debt, our economists expect that the US Treasury’s dwindling cash reserves could be exhausted by mid-October</strong>. </p> <p>&nbsp;</p> <p>Simple, one might say. For the UK, negotiations are still in their early stages. For the US, leaders from both parties have stated that they’re committed to raising the debt ceiling. Yet, both of these scenarios face the challenge of ‘campaigning versus governing’. We think this can matter for markets. </p> <p>&nbsp;</p> <p>Let’s start with the UK. The idea of ‘Brexit’ was always loosely defined during the referendum campaign. But now that it’s official policy, a choice needs to be made between ‘soft’ versions that still encourage trade and ‘hard’ versions that curtail immigration sharply. Picking one will invariably disappoint some supporters, while those originally opposed to Brexit will likely remain so. </p> <p>&nbsp;</p> <p><strong>There is little margin for error: the government’s majority is slim, and our economists think the effective deadline for reaching a deal may be as early as October 2018 </strong>(considering the time needed for ratification by various EU member states). Having been bullish on GBP earlier this year, our FX strategists would now be sellers, expecting increased press attention on these challenges to impact sentiment. <strong>They like being short GBPSEK and GBPEUR. </strong></p> <p>&nbsp;</p> <p>In the US, <strong>Congress will return Labor Day to face what my colleague Michael Zezas calls a “three-headed policy monster</strong>”: Raising the debt ceiling, passing a budget and embarking on tax reform. None are easy, but we see the debt ceiling as the most immediate test. </p> <p>&nbsp;</p> <p>You may not have realised it, <strong>but the US Treasury hit its borrowing limit in March, </strong>is unable to issue new net debt, and has been operating by running down its cash balance. Our economists estimate that those reserves will be exhausted by mid-October. Since one doesn’t want to cut this too close, <strong>this ‘debt ceiling’ needs to be raised by the end of September. </strong></p> <p>&nbsp;</p> <p>That won’t be easy. A subset of Republicans in the House want to make additional borrowing conditional on spending cuts (an issue they’ve campaigned on). That could be a non-starter for the Senate, where bipartisan support will be needed to reach the 60 votes that this increase needs. The fractious nature of the health care debate likely hasn’t helped the level of trust between the Houses of Congress and the parties within them. And the ability of the White House to whip key votes could be impaired by low approval ratings and the continued fallout from comments related to last weekend’s tragic events in Charlottesville, VA. </p> <p>&nbsp;</p> <p>The most likely outcome is that, after some tension, the debt ceiling gets raised. But we don’t think it will be easy, or smooth, and it may require some form of market pressure to get different sides to fall in line. I’ve spoken to investors who are <strong>comforted by FOMC transcripts from 2011 </strong>that discussed prioritisation of debt payments in order to avoid default. I am not. First, I worry that this reduces the urgency of what remains a serious issue. Second, this prioritisation would require delaying payments to programmes like Social Security and Medicare, with real human and economic cost. And third, while the mechanics of this prioritisation may work, it is untested in a live environment. </p> <p>&nbsp;</p> <p>There’s one more wrinkle: in the good scenario where the debt ceiling is increased, the Treasury will need to issue a lot of paper to claw back the cash balance that’s been drained during this process. Our US economists think that <strong>this could involve US$300-375 billion of T-Bill issuance in 4Q, a level with very limited historical precedent. </strong></p> <p>&nbsp;</p> <p>For investors, our interest rate strategists think that this should make it attractive to position for <strong>narrower 2-year swap spreads. </strong>If the debt ceiling is resolved, this flood of issuance could lead 2-year notes to underperform the swap. If it isn’t, the same result may be possible if investors temporarily avoid short-dated Treasury securities. </p> <p>&nbsp;</p> <p>The idea that America’s creditworthiness is beyond reproach is, without exaggeration, the cornerstone of the global fixed income market. We hope that politicians appreciate the seriousness of this issue and put politics aside to resolve it. History is watching.</p> </blockquote> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="880" height="560" alt="" src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/sunday%20start%208.20.jpg?1503246211" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/morgan-stanley-its-almost-time-three-headed-policy-monster#comments Business China Congress Debt Ceiling default European Union fixed Medicare Medicare Morgan Stanley NASDAQ National debt of the United States None ratings Russell 2000 Russell 2000 S&P 500 Senate U.S. Treasury United States debt ceiling United States debt-ceiling crisis US Administration US Federal Reserve US government Volatility White House White House Sun, 20 Aug 2017 16:28:29 +0000 Tyler Durden 601987 at http://www.zerohedge.com Republican Senator Warns "Violence Is Coming" If 'Identity Politics' Continues http://www.zerohedge.com/news/2017-08-20/republican-senator-warns-violence-coming-if-identity-politics-continues <p><a href="http://www.shtfplan.com/headline-news/republican-senator-warns-it-feels-like-violence-is-coming_08202017"><em>Authored by Mac Slavo via SHTFplan.com,</em></a></p> <p><strong>Republican Senator Ben Sasse from Nebraska feels like there&rsquo;s most likely more violence coming in the near future.</strong></p> <p><a href="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/19/20170820_sasse1.jpg"><img height="261" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/19/20170820_sasse1.jpg" width="500" /></a></p> <p>Following last weekend&rsquo;s deadly clash between neo-Nazi groups, and left-wing counter-protesters in Charlottesville, VA, Sasse posted a long&nbsp;comment on Facebook that&rsquo;s prophetic, and disconcerting.</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p><em><strong>&ldquo;It feels like violence is coming,&rdquo; </strong></em><a href="https://www.facebook.com/SenatorSasse/posts/1356425404455401">Sasse wrote at the end of a long Facebook post on Friday evening</a>, titled &ldquo;The next Charlottesville.&rdquo;</p> <p>&nbsp;</p> <p>&ldquo;<strong>I&rsquo;m not sure if this moment is like the summer of &rsquo;67 or not. But it might be. </strong>Before that violence strikes again, it&rsquo;s up to us to reaffirm that exceptional American Creed again today, with our neighbors, and in our kids&rsquo; hearts.&rdquo;</p> </blockquote> <p><em>*Please note: Sasse did not condone any violence, he merely states in his post that he believes it to be inevitable.</em></p> <p><strong>His long post is filled with prophetic warnings of a civil war,</strong> yet those words aren&rsquo;t specifically mentioned except&nbsp;when he references the historical American Civil War.&nbsp;Earlier in the online note, <a href="http://www.businessinsider.com/senator-ben-sasse-on-trump-it-feels-like-violence-is-coming-2017-8" target="_blank">Sasse listed out a number of &ldquo;observations&rdquo; </a>from his family discussions this week.</p> <p>Within that 16-point list, <strong><em>the lawmaker said he expects the violence to &ldquo;come when white supremacists and the alt-right fight anarchist groups aligned with the extreme left.&rdquo; </em></strong></p> <p>He is <u><strong>wrong </strong></u>about one thing. &nbsp;</p> <p>Anarchist groups don&rsquo;t &ldquo;fight&rdquo; for the right or the left; in fact, <a href="http://nap.univacc.net/" target="_blank">non-aggression is the key to most anarchist&rsquo;s philosophy</a>. &nbsp;The <a href="https://www.merriam-webster.com/dictionary/anarchy" target="_blank">anarchists actually want no government; </a>not a left or right version and don&rsquo;t stand with either side. Yet that&rsquo;s a common mistake many&nbsp;people&nbsp;make, and he goes on detailing a rather bleak looking near future if Americans can&rsquo;t set their desire for violence aside.</p> <p><img height="260" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/19/20170820_sasse2.jpg" width="500" /></p> <p>Sasse seems to be blaming pretty much all sides of the political spectrum and suggests that <strong>a race war could break out, </strong>and soon; and he doubts the government&rsquo;s ability to stop the violence he feels is imminent. Of a conversation with a person, <a href="https://www.facebook.com/SenatorSasse/posts/1356425404455401" target="_blank">Sasse claims it was said to him</a>:</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p><strong>But &ldquo;when the next rounds of violence come, I&rsquo;ll bet you most of it will come from the left. And then some folks I know will respond in kind. It&rsquo;s gonna be a powder-keg.&rdquo;</strong></p> </blockquote> <p>Sasse repeatedly wrote of the importance of the &ldquo;American Idea.&rdquo; The idea &ldquo;that all people are endowed by their Creator with inalienable rights&rdquo; and<strong> urged Americans to embrace open debate versus &ldquo;identity politics,&rdquo; racism, and violence.</strong></p> <p>The post by Sasse came off as a <strong>quite condemning to President Donald Trump as well, </strong>with the lawmaker saying he doubts Trump&rsquo;s ability to quiet the violence brewing in the United States right now. &nbsp;<em><strong>Even with his critique of the president aside, Sasse could be right about one thing: violence is inevitable. &nbsp;We may have reached the point of no return.</strong></em></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="463" height="241" alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/20170820_sasse2.jpg?1503241657" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/republican-senator-warns-violence-coming-if-identity-politics-continues#comments Behavior Ben Sasse Donald Trump Electronic music Midland University Politics Presbyterian Church in America Sasse Structure Student Association at the Stockholm School of Economics Violence Sun, 20 Aug 2017 15:48:19 +0000 Tyler Durden 601984 at http://www.zerohedge.com Video Emerges Showing Clashes Between Indian, Chinese Soldiers http://www.zerohedge.com/news/2017-08-20/video-emerges-showing-clashes-between-indian-chinese-soldiers <p>Late last week, <a href="http://www.zerohedge.com/news/2017-08-16/indian-chinese-soldiers-clash-following-alleged-chinese-incursion">we reported </a>that in the first documented clash between Chinese and Indian soldiers who have been piling up across the border between the two nations over the latest territorial dispute, "Indian and Chinese soldiers were involved in an altercation" in the western Himalayas on Tuesday, "further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border." A Reuters source in New Delhi who was briefed on the military situation on the border, said Indian soldiers "foiled a bid by a group of Chinese troops to enter Indian territory in Ladakh, near the Pangong lake." <strong>He added that some of the Chinese soldiers carried iron rods and stones, and in the melee there were minor injuries on both sides</strong>. </p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>"There was an altercation near the Pangong lake," said a police officer in Srinagar, the capital of India's Jammu and Kashmir state, under which the area falls. An army source in Srinagar, quoted by Reuters, spoke of an altercation following what he called a Chinese army "incursion in Pangong lake area". This fresh standoff at Pangong Tso lake in Ladakh comes in the backdrop of tensions between Indian and Chinese troops over Doklam plateau in Sikkim sector with the PLA skipping the ceremonial border meetings on Independence Day. </p> </blockquote> <p>What is notable about this concerning breakout of violence, is how silent both India and China have been, with neither side issuing an official statement confirming or denying last week's events. </p> <p>Overnight, thanks to India's NDTV, five days after the "unconfirmed" scuffle in Ladakh, a video of the clash has surfaced. The video, which has been widely circulated on social media, shows many soldiers from the two countries punching and kicking each other and throwing stones.</p> <p><iframe src="https://www.youtube.com/embed/fUQGH_9vfX8?rel=0" width="600" height="338" frameborder="0"></iframe></p> <p><em>h/t <a href="http://stockboardasset.com/insights-and-research/wow-video-emerges-showing-clash-chinese-indian-soldiers/">Stock Board Asset</a></em><a href="http://stockboardasset.com/insights-and-research/wow-video-emerges-showing-clash-chinese-indian-soldiers/"></a></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="489" height="263" alt="" src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/ladakh%20violence.jpg?1503241581" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/video-emerges-showing-clashes-between-indian-chinese-soldiers#comments Bhutan–India relations China China–India border China–India relations Chinese army Doklam Foreign relations of China Geography of Asia Geography of Jammu and Kashmir India International relations Ladakh Pangong Pangong Tso Reuters Territorial disputes of China War Sun, 20 Aug 2017 15:09:46 +0000 Tyler Durden 601983 at http://www.zerohedge.com Mnuchin Rejects Call From Yale Classmates To Resign, Defends Trump http://www.zerohedge.com/news/2017-08-20/mnuchin-rejects-call-yale-classmates-resign-defends-trump <p>In a long statement issued by the Treasury Secretary, Steven Mnuchin rejected and pushed back against an urging from his former classmates at Yale University that he resign from Donald Trump’s cabinet, while defending the president’s response to last weekend’s deadly protests in Charlottesville, Virginia.</p> <p>The statement was in response to a letter posted online on Friday by about 300 of Mnuchin’s classmates from the Yale University undergraduate class of 1985, asking Mnuchin to resign in protest of Trump’s comments. “It is your moral obligation,” they said. “We know you are better than this, and we are counting on you to do the right thing.”</p> <p>Mnuchin, realizing that with Bannon gone, Trump's future policies are now a "clean slate" for the Wall Street/MIC complex to rewrite as it sees fit with no internal opposition, disagreed. </p> <p>"I am writing in response to my Yale Classmates and many other comments I have received urging me to "speak out." I believe that your letter and these comments raise several Important issues and misconceptions that I am prepared to address", Mnuchin begins, adding that "<strong>some of these issues are far more complicated than we are led to believe by the mass media</strong>,’ the former Goldman employee and hedge fund manager said, paraphrasing the Dude's legendary "<em>lotta ins, lotta outs, lotta what-have-you's.</em>" </p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>"As someone who Is Jewish, I believe I understand the long history of violence and hatred against the Jews (and other minorities) and circumstances that give rise to these sentiments and actions. While I find it hard to believe I should have to defend myself on this,<br /> or the president, I feel compelled to let you know that the president<br /> in no way, shape or form believes that neo-Nazi and other hate groups<br /> who endorse violence are equivalent to groups that demonstrate in<br /> peaceful and lawful ways.</p> </blockquote> <p>In his statement Saturday, Mnuchin suggested that Trump’s political opponents, including Republican rivals in last year’s primary campaign, were unfairly seizing on the Charlottesville uproar to “distract the administration” from policy issues. Just like Bannon, Mnuchin's ties with Trump go back to the summer of 2016, when he first started as Trump’s campaign finance chairman before being named as Treasury secretary; according to the WSJ he has a close personal relationship with the president. </p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>Mnuchin also referenced a broader national dialogue about the legacy of slavery and how historical figures should be remembered. </p> </blockquote> <p>“Some of these issues are far more complicated than we are led to believe by the mass media, and if it were so simple, such actions would have been taken by other presidents, governors and mayors, long before President Trump was elected by the American people,” Mnuchin wrote.</p> <p>Meanwhile, seeking to distance himself from the "nationalist" angle of his administration in the aftermath of Bannon's firing, Trump extended an olive branch to Saturday's demonstrators, saying that protests can be cathartic as thousands swarmed into downtown Boston on Saturday to speak out against white nationalists.</p> <p>“Our great country has been divided for decades. Sometimes you need protest in order to heal, &amp; we will heal, &amp; be stronger than ever before!” the president said in a pair of tweets. “I want to applaud the many protesters in Boston who are speaking out against bigotry and hate. Our country will soon come together as one!”</p> <p>And yet, just one hour before lauding Saturday’s protesters, Trump, who’s spending the weekend at his Bedminster, New Jersey, golf resort, was less sympathetic. “Looks like many anti-police agitators in Boston. Police are looking tough and smart!” He praised the effort of law enforcement officers and Boston Mayor Marty Walsh.</p> <p>Mnuchin isn't the only ex-Goldmanite who is staying: last week the market turmoiled on speculation that Trump's top economic adviser and former Goldman COO Gary Cohn, was upset by Trump’s remarks and thinking about quitting. Cohn will remain in his position, a White House official said on Thursday.</p> <p>With the "globalists" having won decisively the war for Trump's Inner circle of influence, the markets are eagerly awaiting to see what if any change in tone, rhetoric and policies will be unveiled by the president. With the debt ceiling deadline looming, Trump has little time in which to make a decision what his upcoming pivot will look like.</p> <p><em>Mnuchin's full letter is below.</em></p> <p><a href="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/mnuching%20letter.jpg"><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/mnuching%20letter_0.jpg" width="600" height="305" /></a></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="1280" height="659" alt="" src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/mnuchin%20trump.jpg?1503239704" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/mnuchin-rejects-call-yale-classmates-resign-defends-trump#comments Alt-right Business Debt Ceiling Donald Trump Economy of the United States Gary Cohn Mnuchin Politics Steven Mnuchin United States White House White House Yale University Sun, 20 Aug 2017 14:35:09 +0000 Tyler Durden 601982 at http://www.zerohedge.com Here Is The WSJ Article That Jeff Gundlach Has Been Raging Against http://www.zerohedge.com/news/2017-08-20/here-wsj-article-jeff-gundlach-has-been-raging-against <p>Well, the "fake news" article that Jeff Gundlach has been quietly - and not so quietly - raging against for weeks on Twitter, is finally out.</p> <p>Readers will recall that <a href="http://www.zerohedge.com/news/2017-08-09/gundlachs-total-return-bond-fund-hit-9th-straight-month-outflows">DoubleLine's Jeff Gundlach </a>has been engaging in an odd subtweeting campaign on Twitter over the past month with what until recently had been an unnamed media outlet that was allegedly being used by a similarly unnamed Doubleline competitor to accuse Gundlach's fund of doing poorly and suffering outflows, something the "bond king" has said is "false news" to borrow a Trumpism...</p> <p><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/07/20/gundlach%20twitter_0.jpg" width="500" height="1293" /></p> <p>... and then last week, Gundlach finally revealed that the "fake news" publication with the imminent hit piece in question was the WSJ:</p> <blockquote class="twitter-tweet"><p dir="ltr" lang="en">Mutual Fund Wire just put out looong "top influencers" list. Have to laugh competitor in cahoots with WSJ upcoming fake news didn't make it!</p> <p>— Jeffrey Gundlach (@TruthGundlach) <a href="https://twitter.com/TruthGundlach/status/897988266934157312">August 17, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><blockquote class="twitter-tweet"> <p dir="ltr" lang="en">WSJ desperate to populate "anonymous source" DBL hit piece. Now calling new employees. Even called spouse of one last night. Sad but true.</p> <p>— Jeffrey Gundlach (@TruthGundlach) <a href="https://twitter.com/TruthGundlach/status/898011549150752768">August 17, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><blockquote class="twitter-tweet"> <p dir="ltr" lang="en">Mutual Fund Wire just put out looong "top influencers" list. Have to laugh competitor in cahoots with WSJ upcoming fake news didn't make it!</p> <p>— Jeffrey Gundlach (@TruthGundlach) <a href="https://twitter.com/TruthGundlach/status/897988266934157312">August 17, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><p>Meanwhile, Gundlach - having <a href="http://www.zerohedge.com/news/2017-08-08/gundlach-ill-be-disappointed-if-i-dont-make-400-my-sp-puts">recently turned quite bearish and predicting</a>, accurately, last weeks volatility surge, had done everything in his power to take preemptive damage control and publicize that DoubleLine is in no way in peril, in need of funding, or worried about outflows. In a <a href="http://www.zerohedge.com/news/2017-08-08/gundlach-quietly-moving-exit-volatility-about-go">recent interview with Bloomberg's Erik Shatzker</a>, Gundlach said that he is content with the size of his fund<strong>, which he does not want growing too large, and may soon turn new money away:</strong></p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>“Gundlach is taking a similarly conservative approach to building his eight-year-old firm. While some competitors embrace the mantra “size matters,” he believes there’s a limit to how much DoubleLine can manage well and says the firm may stop marketing altogether once assets reach $150 billion, up from about $110 billion today. </p> <p>&nbsp;</p> <p>‘I’ve actually been turning money away in our institutional business,’ Gundlach said. ‘I don’t want to manage $500 billion. I don’t really want to manage $200 billion.’... “I don’t want one $150 billion fund, I want 10 $15 billion funds. A diversified business,” Gundlach said in the interview. “We lose business because our fees are too high and I say, ‘Fine, that’s a way of regulating growth.’” </p> <p>&nbsp;</p> <p>“Bill Gross once managed a single fund with $293 billion in assets, the Pimco Total Return Fund. By comparison, Gundlach, who co-founded DoubleLine in 2009, said he’s debated whether to close the $54 billion DoubleLine Total Return Bond Fund, the firm’s largest, to new money.”</p> </blockquote> <p>The statement echoed what Gundlach said in a <a href="https://twitter.com/TruthGundlach/status/892921035384700928">tweet from August 2: </a>"<strong>DoubleLine Facts: All time high AUM, revenue, headcount. Returns good-to great across funds. CEO never berates employees. Boycott fake news</strong>!"</p> <p>Then, as we <a href="http://www.zerohedge.com/news/2017-08-09/gundlachs-total-return-bond-fund-hit-9th-straight-month-outflows">reported two weeks ago</a>, we suggested that the reason for the recent din over DoubleLine - or rather Total Return Bond Fund - AUM is that Gundlach was anticipating the latest Morningstar fund flow data, reported by Reuters, according to which investors pulled another $200 million from Jeffrey. Gundlach's flagship Total Return Bond Fund in July, <strong>extending the outflow streak that began in November to nine consecutive months</strong>. So far this year, the fund has posted outflows of $3.6 billion, leaving it with $53.6 billion in AUM as of the end of</p> <p>As <a href="http://www.reuters.com/article/us-funds-doubleline-idUSKBN1AP2H7?il=0">Reuters wrote</a> "the withdrawals are notable given that other bond funds are swimming in new cash from investors and at a time when the DoubleLine fund's performance has been strong.</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>Some $203 billion flowed into bond funds in the first half of 2017, and bond funds overall have not recorded a single week of outflows all year, according to the Investment Company Institute, a trade group.</p> </blockquote> <p>The outflows are odd in the context of TRF's YTD outperformance: "DoubleLine Total Return Bond Fund's lower-cost institutional shares were up 3.2 percent this year through Tuesday, beating its benchmark, according to data from Thomson Reuters' Lipper research unit." Preempting the news, Gundlach in a tweet early Wednesday said that DoubleLine is a top-ranked fund company by net cash inflows this year through July. </p> <p>Sure enough, while TRF is seeing outflows, the broader DoubleLine continues to take in cash: overall, the firm pulled $253 million into its mutual funds and ETFs during July and $2.5 billion this year, ranking 24th of 405 fund families, according to Morningstar data. A recent interview with Reuters may explain this discrepancy: Gundlach said DoubleLine was "trying to focus on our strategy: growing our other funds." He was referring to the SPDR DoubleLine Total Return Tactical ETF, DoubleLine Core Fixed Income Fund, DoubleLine Shiller Enhanced CAPE, DoubleLine Low Duration Bond Fund, DoubleLine Infrastructure Income Fund and DoubleLine Flexible Income Fund. Those six funds have attracted $5.8 billion this year, according to Morningstar.</p> <p>"We are marketing our other funds and not DBLTX," Gundlach said. "We are accomplishing exactly what we planned."</p> <p>As we concluded two weeks ago, "<strong>it remains to be seen if there is anything more structural within DoubleLine to explain the outflows, or the explanation for Gundlach's recent odd tweeting behavior.</strong>"</p> <p>* * * </p> <p>And with all that in mind, fast forward to Sunday morning when the long-awaited and much-(pre)publicized WSJ article was finally released. In it, the <a href="https://www.wsj.com/articles/investors-pull-back-from-gundlachs-biggest-fund-at-doubleline-1503230402">WSJ's Greg Zuckerman picks up on what we</a>, Reuters and Morningstar previously noted, namely the 9 consecutive months of outflows from DoubleLine's flagship bond fund:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>Jeffrey Gundlach built one of the most successful new bond funds ever, amassing $61.7 billion of assets at the DoubleLine Total Return Bond Fund over just six years. But during the past year something else happened: Some customers began to leave. Assets under management at the fund dropped 13% from their peak last September to $53.6 billion as of July 31.&nbsp; </p> <p>&nbsp;</p> <p><strong>Investors have pulled $8.5 billion from the fund in that period, Morningstar Inc. says, while funds in the same category took in net inflows of 7.2%. </strong>The fund has had outflows in each of the past nine months.</p> </blockquote> <p><a href="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/kuroda%20wsj.jpg"><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/kuroda%20wsj_0.jpg" width="500" height="343" /></a></p> <p>Naturally, the WSJ was delighted to take advantage of the massive publicity Gundlach's own tweeting had generated in recent weeks for the coming piece:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>As performance has slipped and the fund has shrunk, Mr. Gundlach, 57 years old, has turned combative, taking on the media and continuing to taunt a rival. Meanwhile, some within the firm are bracing for what could be a more challenging environment.</p> </blockquote> <p>And here are the "dots" that one can finally connect based on Gundlach's aggressive subtweeting since the start of August:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>Late last year and earlier this year, some at DoubleLine Capital’s offices in downtown Los Angeles say, they were told bonuses might drop in 2017, according to people close to the matter. The firm says the guidance was aimed at creating a “pragmatic assessment” of 2017 after a big year in 2016. </p> <p>&nbsp;</p> <p>Mr. Gundlach’s fund’s performance has been solid. But some investors say they are leaving because the fund has cooled from its previously white-hot pace. </p> <p>&nbsp;</p> <p>Total Return Bond Fund topped 90% of peer funds over the past three- and five-year periods. In 2017, though, it is besting 59% of competitors, with a 3.15% gain through Aug. 17, Morningstar says.</p> </blockquote> <p>That said, in the the article's weakest link, and rather bizarre argument, one is somehow expected to extrapolate from the behavior of a few investors (in this case a retired orthodontist), what billions in capital will do momentarily. </p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>"Among those bailing are individual investors, who helped fuel the fund’s growth but can be quicker than institutions to pull their funds when performance lags. <strong>Barney Rothstein, a retired orthodontist in Tucson, Ariz., withdrew $250,000 from the fund over the past 18 months and shifted the money to individual bonds that carry similar yields but can be held to maturity, unlike a bond fund, potentially giving an investor more cushion if the market turns down</strong>. </p> <p>&nbsp;</p> <p>“The extra return wasn’t there anymore,” he said."</p> </blockquote> <p>Well, Barney, the only "extra return" these days is if you buy tech stocks on leverage... or Ethereum and Bitcoin, of course. Furthermore, it appears that the WSJ's entire "outflows" thesis is based on the assumption that once a fund reaches a "normalized return"inflection point, investors will flee. We are hardly convinced, especially in a time when 90% of hedge funds can't outperform the S&amp;P:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>Some investors in Pimco’s once-giant Total Return fund left it in 2013 and 2014 when the fund, led at the time by Bill Gross, stopped trouncing rivals. A spokeswoman for Mr. Gross’s current firm, Janus Henderson Investors, said he outperformed his benchmark during that period. </p> <p>&nbsp;</p> <p>“This is part of having exceptional returns—at some point there will be less-than-exceptional returns,” said A. Michael Lipper, who advises investors in mutual funds. Mr. Gundlach, he said, “wouldn’t like the comparison, but the same thing happened to Bill Gross.” </p> <p>&nbsp;</p> <p>Now investors like Castle Financial &amp; Retirement Planning Associates Inc. in Hazlet, N.J., are shifting to Pimco from DoubleLine. “Performance has been waning,” said Al Procaccino II, president of the firm, which pulled money from the DoubleLine fund this year.</p> </blockquote> <p>Doubleline's response was well-telegraphed, the bond manager said it isn’t troubled by the outflows or the performance of the fund, which is nearly $45 billion larger than DoubleLine’s next biggest fund.</p> <p>“Many well-known, actively managed bond funds that have been around long enough go through periods of net outflows, some far more dramatic than Mr. Gundlach’s fund has experienced,” a DoubleLine spokeswoman said. "There are only so many opportunities for actively managed funds. DoubleLine stopped marketing the fund two years ago, and the firm is pleased with where the asset level is.”</p> <p>Of course, whether DoubleLine's outflows are "controlled" will become obvious shortly: ultimately the single best predictor of future capital flows is today's performance, and for now DoubleLine has nothing to worry about. Perhaps the only interesting aspect in the entire WSJ piece is the additional insight into why Gundlach's twitter account has recently become rather more... colorful:</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p>One former employee says Mr. Gundlach aims to stir debate and focus attention on his fund. </p> <p>&nbsp;</p> <p>“Even if the inner Jeffrey is truly composed and collected, the outer Jeffrey is the actor—he’s a rational creation who understands how to rattle the cage,” says Claude Erb, a former portfolio manager at DoubleLine and TCW. “He’s seen client enthusiasm ebb and flow. When it’s waning, you have to redouble your efforts to get the message out.” </p> <p>&nbsp;</p> <p>René Bruer, the co-chief executive at Smith Bruer Advisors, which manages $80 million, withdrew all of his clients’ money from the fund in 2015 partly because of concerns about its reliance on the outspoken manager. “He can create controversy. If that’s what floats his boat, great,” Mr. Bruer says. “But for my clients and for me, I can’t take much of that.”</p> </blockquote> <p>Quoted by the WSJ, Jordan Edwards of Avier Wealth Advisors in Bellevue, Wash., which keeps about 10% of clients’ bond allocation in the fund, cited Mr. Gundlach’s investing skills and said, “I would prefer that he would not be as provocative as he is.”&nbsp; </p> <p>And yet, Jordan - and most other investors- will gladly keep their funds with Gundlach as long as he continues to outperform, which is why the whole point behind this "fake news" article is quite lost on us.</p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="780" height="413" alt="" src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/gundlach%20teaser%20dark%202.jpg?1503240407" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/here-wsj-article-jeff-gundlach-has-been-raging-against#comments 8.5% Bill Gross Bitcoin Bond Bond Bond fund Business DoubleLine Capital Finance fixed Funds Gundlach Gundlach Hedge fund Henderson Institutional investors Investment Investment Company Institute Jeff Gundlach Jeffrey Gundlach Lipper Low Duration Bond Fund Money Morningstar Mutual fund PIMCO Reuters S&P Total Return Bond Fund Total Return Fund Twitter Twitter Volatility Sun, 20 Aug 2017 13:51:17 +0000 Tyler Durden 601981 at http://www.zerohedge.com 5 Reasons Franklin D. Roosevelt was the WORST http://www.zerohedge.com/news/2017-08-20/5-reasons-franklin-d-roosevelt-was-worst <p><a href="http://www.thedailybell.com/news-analysis/5-reasons-franklin-d-roosevelt-was-the-worst/">Via The Daily Bell</a></p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">Can you believe that there are at least three statues of Franklin D. Roosevelt in Washington DC? There is one in South Dakota too, another in Virginia, and even more in London.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">It appears all these places are overrun by racists and fascist sympathizers. How can people put up with revering a man who:</p> <h3 style="box-sizing: border-box; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-weight: 500; line-height: 1.1; color: #303030; margin-top: 20px; font-size: 24px;">1. Literally Rounded Up 120,000 Japanese Americans, and Put them in Concentration Camps!</h3> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">That was authorized by executive order 9066, which Roosevelt signed February 19, 1942.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">How is this fact so often left out of any discussion about how “great” FDR was? These people were American citizens, and they were arrested for no reason other than their heritage.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">He imprisoned an entire race. How is he not widely accepted as the biggest American racist of the last century? He was certainly the most effective racist.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">Two reports which Roosevelt commissioned in the years prior found that Japanese Americans posed little to no risk to the government. Since FDR ignored the reports’ recommendations, it seems his violation of the rights of Japanese Americans was motivated by racism.</p> <h3 style="box-sizing: border-box; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-weight: 500; line-height: 1.1; color: #303030; margin-top: 20px; font-size: 24px;">2. He Actually Outlawed Gold!</h3> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">FDR had absolutely no respect for the people’s rights. He had no respect for the rule of law. He was a tyrant!</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">With&nbsp;<a href="http://www.zerohedge.com/news/what-30-years-gold-confiscation-us-government-looks" style="box-sizing: border-box; background: 0px 0px; color: #0c5b3c;">Executive Order 6102,</a>&nbsp;signed on April 5, 1933, everyone living in America was given 25 days to turn in their gold. Yes, their property was confiscated without due process. The government set the price they paid to about $20 per ounce. Three months later, the price miraculously jumped to $35 per ounce.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">The law wasn’t repealed until 1974!</p> <h3 style="box-sizing: border-box; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-weight: 500; line-height: 1.1; color: #303030; margin-top: 20px; font-size: 24px;">3. FDR was Pen Pals With Mussolini, Whom he Admired.</h3> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">It was a mutual love between&nbsp;<a href="https://mises.org/library/three-new-deals-why-nazis-and-fascists-loved-fdr" style="box-sizing: border-box; background: 0px 0px; color: #0c5b3c;">FDR and Mussolini</a>. The book,&nbsp;<em style="box-sizing: border-box; line-height: 24px; padding-bottom: 8px;">Three New Deals</em>, shows how similar the movements of the 1930’s were in America, Italy, and Germany. It recounts how Roosevelt said:</p> <blockquote style="box-sizing: border-box; padding: 10px 20px; margin: 0px 0px 20px; font-size: 17.5px; border-left: 5px solid #eeeeee; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><p style="box-sizing: border-box; font-size: 16px; line-height: 24px; padding-bottom: 8px;">“‘I don’t mind telling you in confidence,’ FDR remarked to a White House correspondent, ‘that I am keeping in fairly close touch with that admirable Italian gentleman'”</p> </blockquote> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">And Mussolini reviewed FDR’s book&nbsp;<em style="box-sizing: border-box; line-height: 24px; padding-bottom: 8px;">Looking Forward</em>.</p> <blockquote style="box-sizing: border-box; padding: 10px 20px; margin: 0px 0px 20px; font-size: 17.5px; border-left: 5px solid #eeeeee; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><p style="box-sizing: border-box; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px;">“Reminiscent of Fascism is the principle that the state no longer leaves the economy to its own devices.… Without question, the mood accompanying this sea change resembles that of Fascism.”</p> </blockquote> <h3 style="box-sizing: border-box; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-weight: 500; line-height: 1.1; color: #303030; margin-top: 20px; font-size: 24px;"><a href="https://www.amazon.com/Three-New-Deals-Reflections-Roosevelts/dp/0312427433/ref=as_li_ss_il?ie=UTF8&amp;qid=1503229567&amp;sr=8-1&amp;keywords=three+new+deals&amp;linkCode=li3&amp;tag=joejarme-20&amp;linkId=bd6bfcff1e81368b39a94e243afa1332" target="_blank" style="box-sizing: border-box; background: 0px 0px; color: #0c5b3c;" rel="noopener"><img src="http://ws-na.amazon-adsystem.com/widgets/q?_encoding=UTF8&amp;ASIN=0312427433&amp;Format=_SL250_&amp;ID=AsinImage&amp;MarketPlace=US&amp;ServiceVersion=20070822&amp;WS=1&amp;tag=joejarme-20" border="0" style="box-sizing: border-box; vertical-align: middle; max-width: 100%; display: block; margin: 5px auto; height: auto !important;" class="aligncenter" /></a><img src="https://ir-na.amazon-adsystem.com/e/ir?t=joejarme-20&amp;l=li3&amp;o=1&amp;a=0312427433" width="1" height="1" border="0" style="box-sizing: border-box; vertical-align: middle; max-width: 100%; border-width: initial !important; border-style: none !important; height: auto !important;" /><br style="box-sizing: border-box;" />4. The Roosevelt Administration was Infested with Russian Spies.</h3> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">Diana West described in her book,&nbsp;<em style="box-sizing: border-box; line-height: 24px; padding-bottom: 8px;">American Betrayal</em>, just how well the Soviet Union infiltrated the White House. Top officials close to the President were supportive of the Soviet Regime to the point of suspicion.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">In one sketchy encounter, soldiers were told to stand down when they witnessed American secrets being smuggled out of America on a plane bound for Russia, guarded by Soviet soldiers. This may be how the Soviet Union was able to make nuclear weapons.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">And other policies were directly influenced by socialist sympathizers and possibly outright spies in the government during FDR’s tenure. Soviet troops were given precedence for American supplies over American troops during World War Two!</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><a href="https://www.amazon.com/American-Betrayal-Assault-Nations-Character/dp/1250055814/ref=as_li_ss_il?s=books&amp;ie=UTF8&amp;qid=1503229653&amp;sr=1-1&amp;keywords=American+Betrayal&amp;linkCode=li3&amp;tag=joejarme-20&amp;linkId=1003cd08cb176365bbd7010da405ab8d" target="_blank" style="box-sizing: border-box; background: 0px 0px; color: #0c5b3c;" rel="noopener"><img src="http://ws-na.amazon-adsystem.com/widgets/q?_encoding=UTF8&amp;ASIN=1250055814&amp;Format=_SL250_&amp;ID=AsinImage&amp;MarketPlace=US&amp;ServiceVersion=20070822&amp;WS=1&amp;tag=joejarme-20" border="0" style="box-sizing: border-box; vertical-align: middle; max-width: 100%; display: block; margin: 5px auto; height: auto !important;" class="aligncenter" /></a><img src="https://ir-na.amazon-adsystem.com/e/ir?t=joejarme-20&amp;l=li3&amp;o=1&amp;a=1250055814" width="1" height="1" border="0" style="box-sizing: border-box; vertical-align: middle; max-width: 100%; border-width: initial !important; border-style: none !important; height: auto !important;" /></p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><span style="box-sizing: border-box; font-weight: bold;">5. FDR Hated the Press and Suppressed Them.</span></p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">Reason Magazine describes&nbsp;<em style="box-sizing: border-box; line-height: 24px; padding-bottom: 8px;">FDR’s War Against the Press:</em></p> <blockquote style="box-sizing: border-box; padding: 10px 20px; margin: 0px 0px 20px; font-size: 17.5px; border-left: 5px solid #eeeeee; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><p style="box-sizing: border-box; font-size: 16px; line-height: 24px; padding-bottom: 8px;">Roosevelt warned in 1938 that “our newspapers cannot be edited in the interests of the general public, from the counting room. And I wish we could have a national symposium on that question, particularly in relation to the freedom of the press. How many bogies are conjured up by invoking that greatly overworked phrase?”</p> </blockquote> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">Roosevelt started the FCC and limited licenses for radio to six months.</p> <blockquote style="box-sizing: border-box; padding: 10px 20px; margin: 0px 0px 20px; font-size: 17.5px; border-left: 5px solid #eeeeee; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><p style="box-sizing: border-box; font-size: 16px; line-height: 24px; padding-bottom: 8px;">It did not take long for broadcasters to get the message. NBC, for example, announced that it was limiting broadcasts “contrary to the policies of the United States government.” CBS Vice President Henry A. Bellows said that “no broadcast would be permitted over the Columbia Broadcasting System that in any way was critical of any policy of the Administration.” He elaborated “that the Columbia system was at the disposal of President Roosevelt and his administration and they would permit no broadcast that did not have his approval.” Local station owners and network executives alike took it for granted, as&nbsp;<em style="box-sizing: border-box; line-height: 24px; padding-bottom: 8px;">Editor and Publisher</em>observed, that each station had “to dance to Government tunes because it is under Government license.”</p> </blockquote> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;">FDR’s government illegally intercepted telegraphs and used the ill begotten information to subpoena journalists, chilling any decent, and drying up the flow of information to reporters. A law was even proposed to give prison sentences for anyone who knowingly published false information: fake news.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; font-size: 16px; line-height: 24px; padding-bottom: 8px; color: #303030; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif;"><span style="box-sizing: border-box; font-weight: bold;">Tear down this racist, fascist’s statues!</span></p> <div class="field field-type-filefield field-field-image-blog"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_blog" width="1600" height="1019" alt="" src="http://www.zerohedge.com/sites/default/files/images/user230058/imageroot/fdr.jpg?1503231879" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-20/5-reasons-franklin-d-roosevelt-was-worst#comments Benito Mussolini Delano family Diana West Federal Communications Commission Franklin D. Roosevelt Freemen of the City of London Germany Italy Livingston family Nationality NBC New Deal Politics Roosevelt administration Social Issues Sons of the American Revolution Theodore Roosevelt United States United States Assistant Secretaries of the Navy United States government White House White House Sun, 20 Aug 2017 12:24:40 +0000 TDB 601980 at http://www.zerohedge.com Leaked Chat Logs Reveal White Supremacists Joked About Ramming Charlottesville Counter-Protesters Before Event http://www.zerohedge.com/news/2017-08-20/leaked-chat-logs-reveal-white-supremacists-joked-about-ramming-charlottesville-count <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><span style="margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; color: #000000; text-transform: none; line-height: inherit; text-indent: 0px; letter-spacing: normal; font-family: lucida_granderegular, Verdana, sans-serif; font-size: 13px; font-style: inherit; font-variant: inherit; font-weight: inherit; word-spacing: 0px; vertical-align: baseline; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; font-stretch: inherit; text-decoration-style: initial; text-decoration-color: initial;">Content originally published at&nbsp;</span><span style="font: inherit; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; color: #1e439a; text-transform: none; text-indent: 0px; letter-spacing: normal; text-decoration: underline; word-spacing: 0px; vertical-align: baseline; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; font-stretch: inherit;"><span style="font: inherit; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; text-decoration: underline; vertical-align: baseline; box-sizing: border-box; font-stretch: inherit;"><a href="http://ibankcoin.com/" target="_blank" style="margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; color: #1e439a; line-height: 1.2; font-family: lucida_granderegular, Verdana, sans-serif; font-size: 13px; font-style: inherit; font-variant: inherit; font-weight: inherit; text-decoration: none; vertical-align: baseline; box-sizing: border-box; font-stretch: inherit;">iBankCoin.com</a></span></span></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">Less than a week after white supremacist<span>&nbsp;</span><a href="http://ibankcoin.com/zeropointnow/files/2017/08/1502568689027-1.jpg" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">James Alex Fields</a><span>&nbsp;</span>drove his car into a crowd in Charlottesville, VA, leaving one dead and 19 injured,&nbsp;leaked chat logs from several weeks before the event reveal protesters joking about mowing down counter-protesters blocking their path.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">Of note, several conservative groups around the country&nbsp;who are not affiliated with white supremacy or Neo-Nazi movements, such as&nbsp;<em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;"><a href="http://www.thethreepercenters.org/single-post/2017/08/12/The-Three-Percenters-Official-Statement-Regarding-the-Violent-Protests-in-Charlottesville" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">The Three Percenters</a></em>, have severed all ties with the protests in the aftermath of last weekend’s deadly events.</p> <blockquote style="list-style: none; margin: 0px; padding: 30px 20px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 13px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><p style="list-style: none; margin: 0px 0px 20px; padding: 0px 18px; color: #555555; line-height: 28px; font-family: monospace; font-size: 16px; box-sizing: border-box; background-color: #ffffff; border: 0px 0px 0px 4px solid #777777;">“While we support and defend everyone’s right to free speech, we will not align ourselves with any type of racist group.”</p> </blockquote> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">In screenshots&nbsp;from a ‘Discord’ chat room&nbsp;moderated&nbsp;by&nbsp;<a href="http://ibankcoin.com/zeropointnow/2017/08/14/report-unite-the-right-organizer-jason-kessler-was-occupy-movement-obama-supporter-8-mos-ago/" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">former liberal Obama activist turned white supremacist</a>&nbsp;event organizer Jason Kessler (username ‘MadDimension’), attendees can be seen discussing transportation in case things turned violent. While one member’s suggestion to use<span>&nbsp;</span><em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Uber</em><span>&nbsp;</span>was shot down, another participant suggested coordinating with&nbsp;<em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Enterprise</em><span>&nbsp;</span>rent-a-car in case of&nbsp;a ‘worse case scenario.’</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">In a subsequent comment, user AltCelt(IL) posted a picture of a two buses being mobbed by protesters, typing&nbsp;‘this will be us’ below.</p> <p><a href="http://ibankcoin.com/zeropointnow/files/2017/08/disc2.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/disc2.png" width="1208" height="633" style="list-style: none; margin: 0px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="wp-image-10757 size-full tie-appear" /></a>Click to enlarge</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">In response, an event organizer named&nbsp;‘Tyrone’ – who worked closely with Kessler, advised the group that it would be<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">legal</strong><span>&nbsp;</span>to mow down protesters under certain circumstances:</p> <blockquote style="list-style: none; margin: 0px; padding: 30px 20px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 13px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><p style="list-style: none; margin: 0px 0px 20px; padding: 0px 18px; color: #555555; line-height: 28px; font-family: monospace; font-size: 16px; box-sizing: border-box; background-color: #ffffff; border: 0px 0px 0px 4px solid #777777;">‘I know NC law is on the books that<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">driving over protesters blocking roadways isn’t an offense</strong>. This is crossover for this channel and VA law.<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Sure would be nice,</strong>‘ along with a meme of a John Deere ‘Multi-Lane Protester Digestor.’ –<em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">‘Tyrone’&nbsp;</em></p> </blockquote> <p><a href="http://ibankcoin.com/zeropointnow/files/2017/08/disc1.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/disc1.png" width="1192" height="627" style="list-style: none; margin: 0px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="wp-image-10756 size-full tie-appear" /></a>Click to enlarge</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">It is unknown whether or not 20 year old&nbsp;<a href="http://ibankcoin.com/zeropointnow/files/2017/08/1502568689027-1.jpg" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">James Alex Fields</a>, the white supremacist arrested after his 2010 Dodge Challenger plowed into a crowd of counter-protesters, was in the Discord chat room at the time – however members of the group&nbsp;“<a href="http://ibankcoin.com/zeropointnow/files/2017/08/vanguardAM.png" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">Vanguard America</a>,” which Fields belonged to, participated in Kessler’s server.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="https://ibankcoin.com/zeropointnow/files/2017/08/vanguard.png" target="_blank" style="text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, &quot;Times New Roman&quot;, &quot;Bitstream Charter&quot;, Times, serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/vanguard.png" width="588" height="482" style="height: auto; margin-right: auto; margin-left: auto; display: block; max-width: 100%;" class="aligncenter size-full wp-image-10758" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/vanguardAM-1.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/vanguardAM.PNG" width="1109" height="793" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter wp-image-10794 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">What we do know is the same ‘Tyrone’ who made the vehicle-ramming comments also made several posts telling members&nbsp;that attending the event ‘in general’ would be risky.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/prepare.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/prepare.PNG" width="652" height="283" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10763 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/atyourownrisk1.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/atyourownrisk1.PNG" width="646" height="469" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10762 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/atyourownrisk.png" width="560" height="102" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10769 tie-appear" /></p> <blockquote class="twitter-tweet"><p dir="ltr" lang="en">Attendees of <a href="https://twitter.com/hashtag/UniteTheRight?src=hash">#UniteTheRight</a> in <a href="https://twitter.com/hashtag/Charlottesville?src=hash">#Charlottesville</a> discuss legality of plowing into protesters with a vehicle, less than one month before rally <a href="https://t.co/bVOAisOOZG">pic.twitter.com/bVOAisOOZG</a></p> <p>— Unicorn Riot (@UR_Ninja) <a href="https://twitter.com/UR_Ninja/status/897979666610491394">August 17, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">What else do the chat logs reveal?&nbsp;</strong></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">Over 300 screenshots leaked exclusively to&nbsp;<a href="http://www.unicornriot.ninja/" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">unicornriot.ninja</em></a>&nbsp;were made available in<span>&nbsp;</span><a href="http://www.unicornriot.ninja/wp-content/uploads/charlottesville/cvillebatch1_1-315.zip" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">a 65 MB .zip archive</a>&nbsp;on Friday.&nbsp;Here are a few more notable finds:</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Kessler organized the event with military precision</strong></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">To preface, perhaps this 2015 blog entry of Kessler’s in which he proclaims “I can’t think of any occupation that I admire more than the professional provocateur” can shed some light on how a hyper-liberal<span>&nbsp;</span><a href="http://ibankcoin.com/zeropointnow/files/2017/08/kessart.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">Occupy activist</a><span>&nbsp;</span>did an ideological flip and wound up leading a group of white supremacists in a protest that has since polarized the nation:</p> <p><a href="http://ibankcoin.com/zeropointnow/files/2017/08/kessblog.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/kessblog.png" width="720" height="187" style="list-style: none; margin: 0px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="wp-image-10783 size-full tie-appear" /></a>Jason Kessler ‘<a href="https://web.archive.org/web/20170606171103/http://www.jasonkessler.net/blog/random-thoughts-running-post" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">Running Thoughts</a>‘ Blog</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">And while I’m sure Jason Kessler’s white power buddies didn’t know he had a<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;"><a href="http://www.dailyprogress.com/news/local/kessler-described-as-one-time-wannabe-liberal-activist/article_c072c0a0-83b8-11e7-ae17-6fb7a9eda079.html" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">Jewish girlfriend and African roomates</a></strong>, or wrote and performed<span>&nbsp;</span><a href="https://twitter.com/ZeroPointNow/status/897512994128527360" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">African revenge-porn</strong><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">poetry</strong></a>&nbsp;– slamming the “evil” white man, or was a<span>&nbsp;</span><a href="http://ibankcoin.com/zeropointnow/2017/08/14/report-unite-the-right-organizer-jason-kessler-was-occupy-movement-obama-supporter-8-mos-ago/" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">huge Obama supporter</strong><span>&nbsp;</span>who was heavily involved with the Occupy movement</a><span>&nbsp;</span>– writing two articles for CNN on the topic, Kessler sure organized last weekend’s white power rally like a pro – even intervening when participants got into a fight.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/spat2.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/spat2.PNG" width="647" height="297" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10764 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">And in addition to applying for a license to hold the protest in Emancipation Park and<span>&nbsp;</span><a href="http://www.nbc29.com/story/36115819/judge-grants-injunction-jason-kessler-can-have-unite-the-right-rally-at-emancipation-park" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;" rel="noopener noreferrer">successfully utilizing the ACLU</a>&nbsp;to sue the city when it was rejected, Kessler issued instructions to the group regarding the tiki torch ceremony and other matters.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/tiki2.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/tiki2.png" width="702" height="186" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10771 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="https://ibankcoin.com/zeropointnow/files/2017/08/tiki.png" target="_blank" style="text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, &quot;Times New Roman&quot;, &quot;Bitstream Charter&quot;, Times, serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal;"><img src="https://ibankcoin.com/zeropointnow/files/2017/08/tiki.png" width="700" height="124" style="outline: #72777c solid 1px; height: auto; margin-right: auto; margin-left: auto; display: block; max-width: 100%; resize: none;" class="aligncenter wp-image-10773 size-full" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/selfdefense.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/selfdefense.PNG" width="634" height="294" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10772 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Kessler was concerned about optics…</strong></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">When one participant in the discord chat asked another protest participant if he was in ‘Vanguard’ and if Vanguard was in the ‘National Socialist Front’ &nbsp;(Also known as the National Socialist Movement, or NSM), the other user replied ‘Yup,’ adding ‘Nsm is<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">not the optic Kessler wanted</strong><span>&nbsp;</span>tho.’</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="https://ibankcoin.com/zeropointnow/files/2017/08/vanguard2-2.png" target="_blank" style="text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, &quot;Times New Roman&quot;, &quot;Bitstream Charter&quot;, Times, serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal;"><img src="https://ibankcoin.com/zeropointnow/files/2017/08/vanguard2-2.png" width="525" height="353" style="outline: #72777c solid 1px; height: auto; margin-right: auto; margin-left: auto; display: block; max-width: 100%; resize: none;" class="aligncenter wp-image-10803 size-full" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/nottheoptic-1.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/nottheoptic-1.png" width="583" height="112" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10802 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Although I guess he didn’t mind the optics&nbsp;in May</strong><span>&nbsp;</span>when he was hanging out with white supremacist Richard Spencer at Jackson Park:</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/kessatpark.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/kessatpark.PNG" width="590" height="526" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10777 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/kesspark2.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/kesspark2.PNG" width="585" height="540" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter wp-image-10776 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">Some have questioned whether or not the May demonstration was a ‘dry run’ for last weekend’s ill-fated rally. Note Kessler’s&nbsp;long pause at the :15 second mark when asked.</p> <p><iframe src="https://www.youtube.com/embed/v8Lsn8Cl4p4" width="560" height="315" frameborder="0"></iframe>&nbsp;</p> <div class="gallery-icon landscape" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/ofuk1-2.png" target="_blank" class="ilightbox-gallery" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/ofuk1-2-300x196.png" width="300" height="196" style="list-style: none; margin: 0px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="attachment-medium size-medium tie-appear" /></a></div> <div id="gallery-1" class="gallery galleryid-10808 gallery-columns-2 gallery-size-medium" style="list-style: none; margin: 0px auto 18px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; clear: both; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 13px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"> <div class="gallery-icon landscape" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/offuk2-1.png" target="_blank" class="ilightbox-gallery" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/offuk2-1-300x262.png" width="300" height="262" style="list-style: none; margin: 0px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="attachment-medium size-medium tie-appear" /></a></div> </div> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Kessler</strong>&nbsp;<strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">also didn’t mind the optics</strong><span>&nbsp;</span>of the&nbsp;haircut he got to match his new friends attending the ‘Unite the Right’ protest he organized.</p> <blockquote class="twitter-tweet"><p dir="ltr" lang="en">Self professed agent provocateur got a haircut to play the white supremacist role for <a href="https://twitter.com/hashtag/UniteTheRight?src=hash">#UniteTheRight</a> rally. Left 2/15/17 &amp; on right today <a href="https://t.co/cAUB6998pz">pic.twitter.com/cAUB6998pz</a></p> <p>— Ed (@DowdEdward) <a href="https://twitter.com/DowdEdward/status/897341867943014400">August 15, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">The group also discussed using burner phones and cash to avoid doxxing</strong></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><a href="http://ibankcoin.com/zeropointnow/files/2017/08/burner2.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/burner2.PNG" width="675" height="355" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10766 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><a href="https://ibankcoin.com/zeropointnow/files/2017/08/burnerphone.png" target="_blank" style="text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, &quot;Times New Roman&quot;, &quot;Bitstream Charter&quot;, Times, serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal;"><img src="https://ibankcoin.com/zeropointnow/files/2017/08/burnerphone.png" width="655" height="194" style="height: auto; margin-right: auto; margin-left: auto; display: block; max-width: 100%;" class="aligncenter wp-image-10765 size-full" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;">‘Unite the Right’ attendees were also weary of was VA&nbsp;<em style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">felony</em><span>&nbsp;</span><a href="http://ibankcoin.com/zeropointnow/files/2017/08/fine.png" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">mask laws</a><span>&nbsp;</span>– something the police did not enforce when it came to masked Antifa, as well as whether or not they’d be turned away if the wore<span>&nbsp;</span><a href="http://ibankcoin.com/zeropointnow/files/2017/08/polos.png" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;">shirts with swastikas</a><span>&nbsp;</span>instead of the polo / khaki ‘uniform’ most of the group can be seen wearing.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">Back to Kessler&nbsp;– it appears he’s taken himself out of the equation…&nbsp;</strong></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;">Right before deleting his Twitter account, Kessler made a wildly inappropriate tweet about Heather Heyer – the counter-protester killed in Charlottesville:</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><a href="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/DHmfyuyUIAAse7u.jpg" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/DHmfyuyUIAAse7u.jpg" width="490" height="421" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter wp-image-10786 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;">This allowed Richard Spencer to&nbsp;cauterize the&nbsp;compromised Kessler&nbsp;from the tiny movement I’m sure we haven’t heard the last of.</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;"><a href="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/spencerdisavows.PNG" target="_blank" style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; transition: 0.2s ease-in-out; border-image: none; color: #00a3cc; text-decoration: none; box-sizing: border-box;"><img src="http://ibankcoin.com/zeropointnow/files/2017/08/spencerdisavows-1.png" width="636" height="229" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10787 tie-appear" /></a></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;">After his offensive tweet, Kessler stated “I repudiate the heinous tweet that was sent from my account last night. I’ve been under a crushing amount of stress &amp; death threats,” adding “<strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">I’m taking ambien, Xanax and I had been drinking last night</strong>.<span>&nbsp;</span><strong style="list-style: none; margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; box-sizing: border-box;">I sometimes wake up having done strange things I can’t remember.</strong>”</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; font-size: 16px; box-sizing: border-box;">&nbsp;</p> <blockquote class="twitter-tweet"><p dir="ltr" lang="en">Life comes at you fast, scumbag <a href="https://t.co/7Cc52RM889">pic.twitter.com/7Cc52RM889</a></p> <p>— Jack Posobiec ???????? (@JackPosobiec) <a href="https://twitter.com/JackPosobiec/status/899010066648637443">August 19, 2017</a></p></blockquote> <script src="//platform.twitter.com/widgets.js"></script><p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; text-align: center; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;">Strange things indeed…</p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; text-align: center; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial;"><img src="http://www.zerohedge.com/sites/default/files/images/user237925/imageroot/2017/08/20/madgone.PNG" width="769" height="295" style="list-style: none; margin: 5px auto; padding: 0px; border: 0px currentColor; transition: 0.4s ease-in-out; border-image: none; height: auto; clear: both; vertical-align: middle; display: block; max-width: 100%; box-sizing: border-box; opacity: 1;" class="aligncenter size-full wp-image-10788 tie-appear" /><span style="margin: 0px; padding: 0px; border: 0px currentColor; border-image: none; text-align: center; color: #000000; text-transform: none; line-height: inherit; text-indent: 0px; letter-spacing: normal; font-family: lucida_granderegular, Verdana, sans-serif; font-size: 13px; font-style: normal; font-weight: normal; word-spacing: 0px; vertical-align: baseline; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; font-stretch: inherit; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; text-decoration-style: initial; text-decoration-color: initial; font-variant-numeric: inherit;">&nbsp;</span></p> <p style="list-style: none; margin: 0px 0px 20px; padding: 0px; border: 0px currentColor; border-image: none; text-align: center; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; 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http://www.zerohedge.com/news/2017-08-20/anti-fart-movement#comments Baseball Hall of Fame balloting Education Politics Sun, 20 Aug 2017 08:22:14 +0000 williambanzai7 601978 at http://www.zerohedge.com NASA Unveils Plan To Stop Yellowstone "Supervolcano" Eruption, There's Just One Catch http://www.zerohedge.com/news/2017-08-19/nasa-unveils-plan-stop-world-ending-supervolcano-eruptiontheres-just-one-catch <p>A NASA plan to stop the Yellowstone supervolcano from erupting, <strong><em>could actually cause it to blow... triggering a nuclear winter that would wipe out humanity.</em></strong></p> <p><strong><em><a href="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/19/20170819_yellow1.jpg"><img height="319" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/19/20170819_yellow1.jpg" width="560" /></a></em></strong></p> <p><a href="http://www.zerohedge.com/news/2017-08-05/sudden-1400-quake-swarm-prompts-question-if-yellowstone-erupted-what-would-be-left">As we have detailed recently</a>, government officials have been closely monitoring the activity in the Yellowstone caldera.</p> <p>However, <a href="http://www.shtfplan.com/headline-news/nasas-risky-plan-to-save-us-from-yellowstone_08192017">as SHTFplan.com&#39;s Mac Slavo details</a>, <strong>scientists at NASA have now come up with an incredibly risky plan to save the United States from the super volcano</strong>.</p> <p class="mol-para-with-font"><a href="http://www.dailymail.co.uk/sciencetech/article-4803246/NASA-reveals-risky-plan-COOL-Yellowstone.html" target="_blank">A&nbsp;NASA&nbsp;scientist has spoken out</a> about the true<a href="http://www.shtfplan.com/headline-news/snyder-warns-a-full-blown-eruption-of-the-yellowstone-supervolcano-would-have-the-potential-of-being-an-extinction-level-event_06192017" target="_blank"> threat of super volcanoes</a> and the risky methods that could be used to prevent a devastating eruption.&nbsp;Lying beneath the tranquil and beautiful settings of<a href="http://www.shtfplan.com/headline-news/montana-earthquake-increased-super-volcano-eruption-concerns_07062017" target="_blank"> Yellowstone National Park </a>in the US lies an enormous magma chamber,<a href="https://www.yellowstonepark.com/things-to-do/yellowstone-supervolcano" target="_blank"> called a caldera.</a> It&rsquo;s responsible for the geysers and hot springs that define the area, but for scientists at NASA, it&rsquo;s also one of the<a href="http://www.shtfplan.com/headline-news/russian-analyst-calls-for-nuclear-attack-on-yellowstone-national-park_03312015" target="_blank"> greatest natural threats to human civilization</a> as we know it.</p> <p class="mol-para-with-font">Brian Wilcox, a former member of the<a href="https://www.nasa.gov/planetarydefense/overview/" target="_blank"> NASA Advisory Council on Planetary Defense</a>, shared a report on the natural hazard that hadn&rsquo;t been seen outside of the agency until now.&nbsp;Following&nbsp;<a href="http://www.bbc.com/future/story/20170724-would-a-supervolcano-eruption-wipe-us-out" target="_blank">an article published by BBC about super volcanoes last month</a>, a group of NASA researchers got in touch with the media to share a report previously unseen outside the space agency about the threat Yellowstone poses, and what they hypothesize could possibly be done about it.</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p class="mol-para-with-font"><strong>&ldquo;I was a member of the NASA Advisory Council on Planetary Defense which studied ways for NASA to defend the planet from asteroids and comets,&rdquo; </strong>explains Brian Wilcox of <a href="https://www.jpl.nasa.gov/">Nasa&rsquo;s Jet Propulsion Laboratory (JPL) at the California Institute of Technology. </a><strong>&nbsp;</strong></p> <p class="mol-para-with-font">&nbsp;</p> <p class="mol-para-with-font"><strong>&ldquo;I came to the conclusion during that study that the supervolcano threat is substantially greater than the asteroid or comet threat.&rdquo;</strong></p> </blockquote> <p class="mol-para-with-font">Yellowstone currently leaks about 60 to 70 percent of its heat into the atmosphere through&nbsp;stream water which seeps into the magma chamber through cracks, while the rest of the heat builds up as magma and dissolves into volatile gasses.&nbsp;The heat and pressure will reach the threshold, meaning an explosion is inevitable. When <a href="http://www.bbc.com/future/story/20170817-nasas-ambitious-plan-to-save-earth-from-a-supervolcano" target="_blank">NASA scientists considered the fact that a super volcano&rsquo;s eruption </a>would plunge the earth into a volcanic winter, destroying&nbsp;most sources of food, starvation would then become a real possibility. &nbsp;Food reserves would <a href="http://www.dailymail.co.uk/sciencetech/article-4803246/NASA-reveals-risky-plan-COOL-Yellowstone.html" target="_blank">only last about 74 days, according to the UN</a>, after an eruption of a super volcano, like that under Yellowstone. &nbsp;And they have devised a risky plan that could end up blowing up in their faces. &nbsp;Literally.</p> <p class="mol-para-with-font"><strong>Wilcox hypothesized that if enough heat was removed, and the temperature of the super volcano dropped, it would never erupt.</strong> But he wants to see a 35% decrease in temperature, and how to achieve that, is incredibly risky.&nbsp;One possibility is to simply increase the amount of water in the supervolcano. As it turns to steam. the water would release the heat into the atmosphere, making <a href="http://www.shtfplan.com/headline-news/research-team-slams-global-warming-data-in-new-report-not-a-valid-representation-of-reality-totally-inconsistent-with-credible-temperature-data_07142017" target="_blank">global warming alarmists</a> tremble.</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p class="mol-para-with-font">&ldquo;Building a big aqueduct uphill into a mountainous region would be both costly and difficult, and people don&rsquo;t want their water spent that way,&rdquo; Wilcox says. &ldquo;People are desperate for water all over the world and so a major infrastructure project, where the only way the water is used is to cool down a supervolcano, would be very controversial.&rdquo;</p> </blockquote> <p class="mol-para-with-font"><span style="text-decoration: underline;"><strong>So, NASA came up with an alternative plan.</strong></span> They believe the most viable solution could be to<a href="http://www.bbc.com/future/story/20170817-nasas-ambitious-plan-to-save-earth-from-a-supervolcano" target="_blank"> drill up to 10km down into the super volcano and pump down water at high pressure. </a>The circulating water would return at a temperature of around 350C (662F), thus slowly day by day extracting heat from the volcano. And while such a project would come at an estimated cost of around $3.46 billion, it comes with an enticing catch which could convince politicians (taxpayers) to make the investment.</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p class="mol-para-with-font">&ldquo;Yellowstone currently leaks around 6GW in heat,&rdquo; Wilcox says. &ldquo;Through drilling in this way, it could be used to create a geothermal plant, which generates electric power at extremely competitive prices of around $0.10/kWh. You would have to give the geothermal companies incentives to drill somewhat deeper and use hotter water than they usually would, but you would pay back your initial investment, and get electricity which can power the surrounding area for a period of potentially tens of thousands of years. And the long-term benefit is that you prevent a future supervolcano eruption which would devastate humanity.&rdquo;</p> </blockquote> <p class="mol-para-with-font">Of course,<a href="http://www.dailymail.co.uk/sciencetech/article-4803246/NASA-reveals-risky-plan-COOL-Yellowstone.html" target="_blank"> drilling into a super volcano comes with its own risks</a>, like the eruption that scientists are desperate to prevent. Triggering an eruption by drilling would be disastrous.</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p class="mol-para-with-font"><em><span style="text-decoration: underline;"><strong>&ldquo;The most important thing with this is to do no harm,&rdquo; Wilcox says.</strong></span></em></p> <p class="mol-para-with-font">&nbsp;</p> <p class="mol-para-with-font"><em><span style="text-decoration: underline;"><strong>&ldquo;If you drill into the top of the magma chamber and try and cool it from there, this would be very risky. This could make the cap over the magma chamber more brittle and prone to fracture. And you might trigger the release of harmful volatile gases in the magma at the top of the chamber which would otherwise not be released.&rdquo;</strong></span></em></p> </blockquote> <p class="mol-para-with-font"><strong>The cooling of Yellowstone in this manner would also take tens of thousands of years, but it is a plan that scientists at NASA are considering for every super volcano on earth.</strong></p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>&ldquo;When people first considered the idea of defending the Earth from an asteroid impact, they reacted in a similar way to the supervolcano threat,&rdquo; Wilcox says.</p> <p>&nbsp;</p> <p>&ldquo;People thought, &lsquo;As puny as we are, how can humans possibly prevent an asteroid from hitting the Earth.&rsquo; Well, it turns out if you engineer something which pushes very slightly for a very long time, you can make the asteroid miss the Earth. So the problem turns out to be easier than people think. In both cases it requires the scientific community to invest brain power and you have to start early. <strong>But Yellowstone explodes roughly every 600,000 years, and it is about 600,000 years since it last exploded, which should cause us to sit up and take notice.</strong>&rdquo;</p> </blockquote> <p><u><strong>So what would happen?</strong></u></p> <p><iframe frameborder="0" height="315" src="http://players.brightcove.net/2540076170001/ByveBcs0_default/index.html?videoId=4689418265001#t=9s" width="560"></iframe></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="560" height="319" alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/20170819_yellow1.jpg?1503166432" /> </div> </div> </div> http://www.zerohedge.com/news/2017-08-19/nasa-unveils-plan-stop-world-ending-supervolcano-eruptiontheres-just-one-catch#comments Caldera California Institute of Technology Climate forcing agents Doomsday scenarios Environment Geology Geothermal Global Warming Igneous rocks Magma NASA Advisory Council on Planetary Defense National Aeronautics and Space Administration Supervolcano United Nations Volcano Volcanology Yellowstone Caldera Yellowstone hotspot Yellowstone National Park Sun, 20 Aug 2017 03:55:00 +0000 Tyler Durden 601966 at http://www.zerohedge.com