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Loony Joy Reid Urges Viewers To Avoid Trump-Voting-Relatives Who Might "Turn You In"

Authored by Steve Watson via Modernity.news,

Crazed MSNBC hack Joy Reid has again suggested that her viewers should avoid their own family members if they voted for president Trump.

In a demented rant, Reid suggested that leftists shun their relatives at Thanksgiving, and that they be afraid because they might get “turned in” to the MAGA authorities… or something.

“People are rightfully alarmed. They have a reason to be alarmed,” Reid rambled in the video posted to social media. 

She continued, “And if you would vote for that, people may not feel so confident that they’re safe with you.”

“This is not crazy,” she said, sounding crazy.

“This is legitimate feelings of fear of you and a feeling that you might not be someone they could trust,” Reid added.

“If this thing goes way south, autocracies go south real fast, and things get ugly, and people get asked to do things, and turn people in, and point people out, and turn on them,” she further garbled.

“Autocracy and fascism are things that are legitimate to be afraid of. So you may want to step back,” Reid proclaimed.

Imagine being this paranoid, thinking that everything you don’t agree with is fascism.

Imagine permanently believing you’re going to be rounded up and thrown into a camp by imaginary MAGA jackboots.

It’s completely mental.

Reid also made similar remarks on her show last week while interviewing Dr. Amanda Calhoun, a third-year Psychiatry Resident at Yale School of Medicine who suggested that people avoid their own family members following Trump’s victory.

When Reid is inevitably fired, whether Elon Musk decides to become her boss or not, this is all you’ll see of her. Deranged selfie rant videos filmed on her iPhone from her living room.

Something to look forward to.

* * *

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With Or Without Tariffs, The US Dollar Is A Ponzi

Via SchiffGold.com,

With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. 

Dollars are backed by debt, which requires infinite economic growth to service. 

Without constant inflation to erode the debt’s value, transferring wealth from savers to the government and bankers, it all falls apart. 

Without new borrowers to sustain current spending, it all falls apart.

Without a petrodollar system where the USD is no longer the world reserve currency, and other countries no longer are forced at gunpoint to use dollars, it all falls apart.

Just as a Ponzi scheme collapses when enough investors lose confidence in it, because there’s no underlying value and not enough new suckers to pay back previous waves of investors, the USD collapses under the same scenario.

And while I see the surface-level, superficial appeal of president-elect Donald Trump’s plan to replace the income tax with tariffs, there’s (at least) one very big problem. We’re in a country that, for decades, hasn’t had a manufacturing base, making the economic viability of the plan incredibly questionable. Even if it somehow worked, it wouldn’t solve the problem of the world’s largest economies being based on glorified, state-sanctioned Ponzi schemes.

Until we revert back to dollars that are pegged to something of real value, like gold, the scam will continue. And it’s gone on for so long that tremendous economic pain is now a prerequisite for weaning ourselves off of it. Just as a Ponzi scheme collapsing harms everyone unlucky enough to be involved, the unwinding of the petrodollar USD Ponzi will hurt every American and, indeed, people all around the world as it reels under the chaos of the realization that the dollar was hollow all along, and the line of new suckers to buy US debt has officially dried up.

Total Public Debt, U.S.

With 10-year Treasury yields rising and major pressure on interest rates to go higher, the Fed and Trump are desperate to keep them low. But at $35 trillion, our debt bomb isn’t going away, and the deficit isn’t going anywhere. A heavier interest payment burden and QE are going to blow the USD Ponzi balloon bigger and bigger, so the only question will be when it pops.

Painful as the explosion will be, it’s unavoidable and necessary, and will only be more severe the longer the Ponzi goes on. Just as more investors get hurt, and more spectacularly so, when a Ponzi is able to grow larger, the US dollar collapse will be more painful the longer the can is kicked down the road. This reset will be an opportunity to go back to sound money, but as in the 2008 crisis, the same elites that caused it will try to exploit it as an opportunity to implement an increasingly centralized system that gives them even more control.

Unfortunately, we’re past the event horizon for the Ponzi. Past the point of no return. No amount of economic tinkering, even of the right sort and on a big-enough scale, from Trump or anyone else, can reverse or solve the problem without a major implosion causing terrible pain across the economy. Gold is one way to protect yourself from the fallout, but when it comes crashing down, no one will be immune to the effects of such a spectacular burst.

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Trump Plans To Use Impoundment To Cut Spending - What Is It?

Authored by Lawrence Wilson via The Epoch Times (emphasis ours),

President-elect Donald Trump has said he intends to cut government spending by reasserting the presidential power of impoundment, a move certain to spark a court battle and one that could redefine presidential power for decades to come.

Illustration by The Epoch Times, Shutterstock, Madalina Vasiliu/The Epoch Times

Impoundment occurs when the president chooses not to disburse funds authorized by Congress; instead leaving them unspent in the U.S. Treasury.

This power is not mentioned in the Constitution but has been employed by presidents since Thomas Jefferson. Congress enacted limits on the practice 50 years ago.

Now, Trump intends to challenge the Impoundment Control Act of 1974 (ICA), which he believes is unconstitutional.

I will use the president’s long-recognized Impoundment Power to squeeze the bloated federal bureaucracy for massive savings,” Trump said when announcing his plan in June 2023.

Others say the ICA was needed to prevent the misuse of impoundment to alter congressional spending priorities, not merely eliminate waste.

Expanded use of impoundment power seems certain to be challenged in court.

Resolution is likely to hinge on two constitutional questions that define the balance of power between the executive and legislative branches of the federal government.

Jefferson appears to have been the first to use impoundment.

In 1803 he delayed purchasing gunboats to patrol the Mississippi River because they were no longer needed after the United States acquired the Louisiana Territory from France.

Since then, most presidents appear to have used the practice from time to time, and usually because the spending was no longer in the public interest.

President Ulysses S. Grant used impoundment to prevent federal funds from being used on river or harbor projects that would benefit private parties rather than the public.

President Franklin Roosevelt used it to limit spending on civilian construction projects to concentrate on wartime spending.

President Lyndon Johnson impounded some money to reduce inflation.

President Richard Nixon used the practice more frequently than previous executives, and his use of impoundment represented “a difference in kind, not simply in degree” from his predecessors, according to Joshua Chafetz a professor of law and politics at Georgetown University.

Nixon’s opponents argued that he was assuming the power to do away with certain government programs by simply starving them of funds, which violated the will of Congress.

President Richard Nixon delivers his State of the Union speech on Jan. 22, 1970. Pictorial Parade/Archive Photos/Getty Images

His team argued that presidents have a duty to consider other factors, including inflation, when deciding if or when to release government funds.

Congress then passed the ICA, which, in addition to reforming the congressional budgeting process, strictly limited the executive’s ability to cut or delay spending the money appropriated by Congress.

Nixon signed the bill into law.

The ICA stipulates that presidents must ask congressional permission to impound funds. The president can ask Congress to permit either a recision or a deferral of spending.

A recision is a spending cut.

When the president asks Congress to cut certain spending, he may defer that spending for up to 45 days while Congress considers the matter.

If Congress does not grant the request, the president must release the funds.

A deferral is a delay in spending certain funds to a later point within the current fiscal year.

If Congress doesn’t respond to the deferral request, the president may defer the spending.

Robert Kravchuk, professor emeritus of public policy at Indiana University told The Epoch Times: “In one case, he'd have to hear positively from Congress not to spend money, and that’s the recision.

“In the second case, he hears nothing, then he could go through with his deferral, but he can’t defer it to the next year or the year after that.”

The U.S. Capitol in Washington on Nov. 19, 2024. The president can ask Congress to permit either a recision or a deferral of spending. Madalina Vasiliu/The Epoch Times

Trump’s Challenge

Article II of the U.S. Constitution states that the president must “take Care that the Laws be faithfully executed.”

Trump has said the ICA violates that clause because it strips the president of discretion in how best to achieve the government’s purposes.

The [ICA] dramatically limited impoundment, the power of the president to choose not to unnecessarily spend taxpayer dollars, forcing the executive branch to spend every penny of congressionally appropriated funds,” Trump wrote in his statement.

A second argument in favor of impoundment is that congressional appropriations specify a maximum amount that may be spent, not a minimum.

“Congress has the ‘power of the purse,’ so its appropriations necessarily set a ceiling on federal spending for a particular purpose, but it should not set the floor,” Trump said.

That argument was made as early as 1876 when Secretary of War James Cameron wrote that “spending the full amount” of an appropriation “was in no way mandatory.”

Read the rest here...

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RFK Jr.'s Plans For Reshaping HHS Draw Strong Reactions

Authored by Jeff Louderbeck via The Epoch Times,

Robert F. Kennedy Jr. has vowed to “make America healthy again” through his platform as secretary of the Department of Health and Human Services (HHS).

The possibility of that happening has drawn praise from many Republican lawmakers and vaccine and food safety advocates. Multiple Democratic legislators and public health officials have criticized President-Elect Donald Trump’s nomination, calling Kennedy a “danger” to public health.

Fighting chronic disease, improving children’s health, and addressing corporate influence on government agencies were vital parts of Kennedy’s campaign platform when he ran for president as a Democrat and then an independent.

Kennedy suspended his presidential campaign and backed Trump in August. He previously told The Epoch Times that it was a “heart-wrenching decision” and a necessary step toward achieving his mission of saving Americans from the chronic disease epidemic.

Under the “Make America Healthy Again” campaign, Kennedy aims to curtail what he calls the chronic disease epidemic by addressing the so-called “corporate capture” of federal health agencies and removing toxic chemicals from the nation’s food supply, among other objectives.

Trump’s naming Kennedy as his HHS secretary has drawn strong reactions.

Donna Shalala, who was HHS secretary under former President Bill Clinton from 1993 to 2001, said Kennedy is not qualified for the position.

“The nomination of RFK Jr. for HHS by President-elect Trump is shocking. ... He is dangerous to the health and well being of every American,” Shalala wrote on X.

Sen. Rand Paul (R-Ky.) said on X that Kennedy would be the person to “detox the place after the Fauci era,” in reference to former NIH director Dr. Anthony Fauci. Kennedy and Paul have both been outspoken critics of Fauci’s policies related to vaccines and the public health response to COVID-19.

Sen. Bill Cassidy (R-La.), a medical doctor, recently told reporters that Kennedy has “championed issues like healthy foods and the need for greater transparency in our public health infrastructure.”

“I look forward to learning more about his other policy positions and how they will support a conservative, pro-American agenda,” Cassidy said.

Cassidy, the ranking member of the Senate Health Education, Labor and Pensions (HELP) Committee, is expected to chair the committee in the next Congress.

Awaiting Senate Scrutiny

Kennedy must receive majority support from the Senate to gain confirmation and officially take the lead of HHS, which manages 13 separate agencies, including the Centers for Disease Control and Prevention (CDC), the Food and Drug Administration (FDA), and the National Institutes of Health (NIH).

Kennedy will face confirmation hearings with the Senate Finance Committee, which is scheduled to be led by Sen. Mike Crapo (R-Idaho).

The full Senate will vote on his nomination if he is approved by that panel.

When the Senate convenes in January, Republicans will hold at least 52 seats compared to 48 by the Democrats. The number could increase to 53 if David McCormick defeats incumbent Bob Casey in Pennsylvania. That race is currently in the midst of a recount.

Robert F. Kennedy Jr. speaks behind a bulletproof glass during the Rescue the Republic rally in Washington on Sept. 29, 2024.Madalina Vasiliu/The Epoch Times

Kennedy has said that he will urge Trump on day one to declare a national emergency for chronic disease.

Kennedy said he believes little will change until the influence of giant or private corporations on the FDA, the CDC, and the Department of Agriculture is addressed.

At a roundtable organized by Sen. Ron Johnson (R-Wis.) in September, Kennedy said these agencies “advance the mercantile and commercial interests of the pharmaceutical industry that has transformed them and the food industry into sock puppets for the industry they’re supposed to regulate.”

Kennedy has vowed to dismiss the officials who lead those agencies and appoint replacements.

“FDA’s war on public health is about to end,” he wrote on X on Oct. 25, adding his support for raw milk, ivermectin, hydroxychloroquine, foods with healing properties, and natural remedies such as sunshine.

In September, Kennedy told The Epoch Times that he would revamp the NIH to focus on the causes of autism, autoimmune diseases, and neurodevelopment diseases instead of developing drugs and serving as an incubator for pharmaceutical products.

He has also vowed to lead efforts to address the issue of chemicals in ultra-processed foods.

He told Fox News he would “get processed food out of school lunch immediately” and said federal food assistance such as food stamps should not go toward junk food.

“These agencies, the FDA, the USDA, the CDC, all of them are controlled by giant for-profit corporations,” Kennedy said.

“With President Trump’s backing, I am going to change that. We are going to staff these agencies with honest scientists and doctors free from industry funding. We will make sure that the decisions of consumers, doctors, and patients are informed by unbiased science,” he said.

Robert F. Kennedy Jr. speaks to reporters at the Pennsylvania Convention Center in Philadelphia on Sept. 10, 2024. Madalina Vasiliu/The Epoch Times

Earlier this week, Trump announced that Dr. Mehmet Oz was selected to run the Centers for Medicare and Medicaid Services, which is managed by HHS.

Kennedy is an outspoken opponent of Medicare or Medicaid covering weight-loss drugs like Ozempic or Zepbound. There has been some bipartisan support for that to happen.

In September, Kennedy told a congressional roundtable that it could cost the U.S. government trillions of dollars if it supported Medicare or Medicaid paying for weight-loss drugs.

“For half the price of Ozempic, we could purchase regeneratively raised, organic food for every American, three meals a day and a gym membership, for every obese American,” Kennedy said.

Kennedy has also called for a review of advertising rules for pharmaceutical companies and has also urged Trump to ban pharmaceutical advertising on TV. He also believes in eliminating liability protections for drug companies.

As for vaccines, he has advocated for safety and informed consent.

“I’ve never been anti-vaccine. People should have choice, and that choice should be informed by the best information possible,“ he said. ”I’m going to ensure that there are science-based safety studies available and people can make their own assessments about whether a vaccine is good for them.”

Is Kennedy Anti-Vaccine?

Some critics opposed the nomination of Kennedy because they considered him to be anti-vaccine or anti-science.

Rep. Robert Garcia (D-Calif.) called Kennedy a conspiracy theorist and suggested that “he will destroy our public health infrastructure and our vaccine distribution systems.”

“This is going to cost lives,” Garcia wrote.

Rep. Robert Garcia (D-Calif.) speaks to press members in the spin room after President Joe Biden and former President Donald J. Trump's presidential debate in Atlanta, Ga., on June 27, 2024. Madalina Vasiliu/The Epoch Times

Peter G. Lurie, president of the Center for Science in the Public Interest, said in a statement that the center “opposes this nomination and any other nominees who are a direct threat to science and evidence-based solutions.”

“Nominating an anti-vaxxer like Kennedy to HHS is like putting a Flat Earther at the head of NASA,” he wrote.

Robert Weissman, co-president of Public Citizen, said in a statement that Kennedy “is a clear and present danger to the nation’s health” and should not be “placed in charge of the nation’s public health agency.”

Others think Kennedy has been misunderstood or misrepresented.

Robert Redfield, director of the Centers for Disease Control and Prevention (CDC) under the first Trump administration, told NewsNation on Nov. 17 that “Kennedy is not antivaccine.”

“I’m probably one of the biggest advocates for vaccines,” Redfield said, adding that vaccines are “the greatest gift of science to modern medicine.”

“Kennedy is about transparency about vaccines, honest discussion about vaccines, asking for the data to show that these vaccines are safe and they’re efficacious,” Redfield said.

Anna Matson served as a volunteer for Kennedy’s presidential campaign and runs a website called Kennedy Debunked. She believes that the public perception of Kennedy is “not remotely accurate” and is formed by “widespread lies and misrepresentations from mainstream media and Democratic Party organizations.”

“Kennedy is not loyal to big pharma, and as an attorney who has successfully sued government agencies and big corporations like Monsanto, he knows how to address the issues he talks about. He’s a man of actions, and we need that in whoever leads the HHS,” Matson told The Epoch Times.

Matson has spent the last year debunking the “myths” about Kennedy.

“Anyone who calls him a conspiracy theorist and an anti-vaxxer has never taken the time to listen to him uninterrupted for more than a 30-second clip on mainstream media,” Matson said. “When people take the time to listen to him, more often than not they realize what the mainstream media and the DNC (Democratic National Committee) say about him is just not true.”

Lauren Lee is a strategist for American Values 2024, a PAC aligned with Kennedy. She praised Trump’s decision to task Kennedy with heading the HHS.

“It’s a huge sigh of relief for all the independents who took a chance on Trump when Kennedy backed him. Many of us were nervous. We didn’t know if Trump was going to keep his promise and stay true to his word. We now feel like our vote didn’t go to waste,” Lee told The Epoch Times, referring to Kennedy supporters who voted for Trump in the November election.

Lee said if Kennedy is confirmed by the Senate, there will be “a massive change in the way that Americans eat, and the way that Americans are educated about nutrition and health.”

“Hopefully, we will see a ripple down effect to the poor communities and the less fortunate who are suffering because they’re not able to get access to organic foods, or they live in a food desert,” Lee said. “And hopefully, this spurs corporations to take accountability and remove that poison out of their foods, and government incentives for companies to poison their food is removed.”

Dr. James Lyons-Weiler is an advisor to Kennedy who is assisting in finding candidates to “take part in helping shape policies” for the MAHA movement.

“I think that any topic in medicine that you might care to pick, manufacturers of medical products are represented [in health agencies], but consumers and the physicians are underrepresented,” Lyons-Weiler told The Epoch Times. “A shift I think we will see is a fair representation of the interests of society’s true stakeholders, the safety and efficacy of medicines, and an emphasis on informed consent.”

Lyons-Weiler told The Epoch Times that so many people believe Kennedy is a risk to public health because of “mischaracterization” from the press.

“He’s not anti-pharma. He’s anti-fraud. He’s not anti-vaccine. He’s anti-vaccine injury,” Lyons-Weiler said. “I believe we’re going to see the most substantial positive increase in overall health among Americans that we’ve ever seen, and we will see the end of narrative-based science.

“Science will be done for the sake of knowing, so scientists will be free to be scientists. Medicine will be done for the sake of healing, so doctors will be allowed to become healers,” he said.

Then Republican presidential nominee, former U.S. President Donald Trump, welcomes Robert F. Kennedy Jr. to the stage at a Turning Point Action campaign rally at the Gas South Arena in Duluth, Ga., on Oct. 23, 2024. Anna Moneymaker/Getty Images

Scott Shoemaker, the president of Health Freedom Ohio, told The Epoch Times that he is “ecstatic” that Kennedy brought the subjects of medical freedom, vaccine safety, and informed consent to a national audience in a presidential election.

“I never thought I would see these become political issues that a candidate would carry and truly care about,” Shoemaker said.

A father of vaccine-injured children, Shoemaker said many parents like him “have been gaslighted and made to feel like the reason for their children’s conditions are not because of vaccines.”

“[Kennedy] believes in presenting fact-based science and in-depth study of vaccines and results. It’s shocking that anyone would stand up against that,” Shoemaker said.

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In The Weeds Of The Swamp

Authored by James Howard Kunstler via substack,

“The National Security Divisions of the DOJ and FBI are the greatest domestic threats to the American people and the concept of Constitutional rule of law today.”

- Scott Ritter

Okay, you’ve had enough post-election euphoria. Time to wake TF up. Rats from inside the walls of the Deep State are trying to gnaw their way into the Trump cabinet.

Ever hear of an outfit called Cipher Brief? Of course not.

Cipher Brief is sort of the McKinsey of blob-world (a.k.a. the “national security” network), a combination Human Relations / Public Relations firm, totally spooked-up with former CIA officers. Quite a few of the spooks who signed the infamous letter in October 2020 that said Hunter Biden’s laptop was “Russian disinformation” are contractors there. They all knew the heinous laptop was genuine, though, and they did it anyway to queer the election for “Joe Biden.”

Why? Because. . .  Trump.

One Cipher Brief operative is a character named Dan Hoffman, a retired CIA “clandestine service” officer who ran the agency’s Middle East Bureau, among other things. He’s now a sometime talking head on Fox News. Hoffman has scuttled his way to the sidelines of the Trump transition team, trying to punk them on personnel. I received my own intel about Dan Hoffman and his current operations.

“Hoffman talks the talk,” I’m informed. “He was involved in Iraq, Afghanistan, etc. He is 100-percent Deep State. They think he is a brother-in-arms. He is not. Hoffman and the people around him are in direct contact with Tulsi Gabbard [DNI-designate] and John Ratcliffe [CIA Director-designate]. Remember, agency ops officers are trained to be all things to all people, to manipulate them, detect their vulnerabilities, and exploit them. Their game vis-a-vis Donald Trump? To kneecap his attempts to lower tensions world-wide, stop efforts to reduce and reform the intel and defense communities, push a generally Globalist policy agenda, keep the American ‘empire game’ running so they can cash out, and keep non-Beltway Americans from having any say in our foreign policy.

“Hoffman is not a minor figure. He is heading up the cabal trying to co-opt Ratcliffe and Gabbard. Understand that [this group] essentially took over Agency operations during the so-called Global War on Terror [GWOT] after 9/11. Not only did these assholes lead America into the quicksand of the Middle East, they feathered their own nests and those of their buddies with hundreds of millions in ‘contracts’. . . they cooked up the Ukraine War . . . . Nobody associated with Cipher Brief should be anywhere near Ratcliffe or Gabbard, period. They should be blacklisted. They are the people who worked to take down Trump, and now they are trying to cover their tracks and sneak into the new administration.”

Dan Hoffman, remember the name.

And thus, the chatter this week about former Director of National Intelligence (DNI) Mike Rogers (a.k.a. Admiral Michael S. Rogers) floated as the next Director of the FBI. Oh, really? Not a joke (har har)? Mike Rogers was DNI throughout the first years (2016-17) of the FBI’s “Crossfire Hurricane” op to take down the then-new president Donald Trump using Hillary Clinton’s concocted “Steele Dossier,” known to be utter bullshit by all involved at the highest levels, but used anyway. Mike Rogers was in office when the FBI took down new National Security Advisor Mike Flynn in February, 2017, for talking to the Russian ambassador. (Since when are high US officials not allowed to speak with foreign diplomats?) By the way, Mike Rogers was endorsed for the FBI job this week by former FBI Deputy Director Andrew McCabe, one of the chief managers of the RussiaGate op, which included “Crossfire Hurricane,” and the FBI’s programmatic lying to the FISA court.

RussiaGate is starting to look like ancient history to many, but it is a giant slime trail of sedition and treason involving many people who are still very much alive, and some who are still in positions of power (Christopher Wray). It is going to be re-litigated in the new administration, but many other crimes just as sinister, carried out under color-of-law by the FBI and its parent, the Department of Justice (DOJ), have followed since then. For instance: the January 6, 2021, riot at the US Capitol instigated by “confidential human resources” (FBI plants) and actual FBI agents — labeled “the insurrection” by blob publicists. It was engineered by House Speaker Nancy Pelosi, General Mark Milley, DC Mayor Muriel Bowser, and others to prevent a public review of election irregularities in the joint session of Congress convened to certify the electoral vote. It succeeded splendidly, and was promptly converted into one of the worst national mind-fucks in US history. Debate over dubious vote-counts was squelched and objections were never allowed to be heard. From that sprung the “Big Lie” that anyone voicing skepticism over the 2020 election is a criminal — and thus, the two preposterous federal cases (plus the Fulton County, GA, case) cooked up against Mr. Trump three years later.

There is also the matter of the pipe bomb op at the DNC and RNC headquarters blocks away from the US Capitol the same hour of the same day, 1/6/21, when, for no good reason, Vice-president-elect Kamala Harris hid-out in the DNC building. (Why would she not have been attending the joint session of Congress in the Capitol at that hour when the signal achievement of her life to-date was to be grandly announced in front of all her colleagues?) I will tell you why: because the pipe bomb was supposed to be Plan-A for disrupting the electoral vote certification — to set off wild alarms about “terrorism” and scatter the lawmakers. It just happened that the riot at the Capitol (Plan-B) successfully stole the show and Nancy Pelosi got what she said she was “waiting for” — the means to permanently knock Donald Trump off the game-board.

After that, the FBI did everything possible to botch and bury the pipe bomb investigation, including failure to identify the culprit despite plenty of cell phone tracking info and other evidence. As late as last week, the FBI claimed that the phone data provided by telecom companies, which could potentially help identify the suspect who planted the pipe bombs, was corrupted or incomplete. But major cell carriers told Congress that they had provided the FBI with intact, uncorrupted phone usage data from the areas where the bombs were placed. There are also reasons to believe that the character who planted the crude, probably fake, bombs was an FBI contractor.

These are the kinds of things that a new FBI Director needs to open up to good faith scrutiny. Every foul deed stuffed down the national memory hole will just further pervert and derange the nation’s tattered ethos. It must be obvious that a Mike Rogers would never allow sunlight to illuminate these matters.

And now Matt Gaetz has been shoved out of the AG spot on account of a cooked-up sex scandal that the FBI investigated and tossed with no charges brought. But the RINO squad in the Senate did their assigned job blocking his path to office by sheer numbers, and that was that. No clever recess appointment moves. Despite “resigning” from his House seat, Gaetz could conceivably turn up on Jan 3 and ask to be sworn in — after all, he was reelected a few weeks ago. Or Ron DeSantis could appoint him to the Senate seat to be vacated by Marco Rubio.

Meanwhile, he is replaced in the AG slot by Pam Bondi, experienced as anybody for that role, but dragging some baggage from the grotesque Trayvon Martin case in Florida when she was Attorney General there. She did happen to ably defend Mr. Trump in Impeachment No.1 among a team of other lawyers, and Mr. Trump, renowned for his loyalty, considers her “a friend.”

She’ll surely pass through the gauntlet of Senate confirmation and then we’ll see if she has the fortitude to drain that precinct of the DC swamp. A lot depends on it.

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Tucker: "This Is The Most Evil Thing I've Seen In My Lifetime"

Authored by Steve Watson via Modernity.news,

During a discussion with president-elect Trump’s former Office of Management and Budget Director, Russ Vought, Tucker Carlson posited that the outgoing administration is attempting to saddle Trump with a global conflict.

“If you doubt how serious the opposition is to the public, not just to Trump, but to the majority of the country that voted for him, They’re trying to leave him with World War III on the way out,” Carlson urged.

Russia is furious about the Biden administration lifting restrictions on use of US developed long range missiles, and Putin has repeatedly stated that such a move would mean NATO countries are at war with Russia.

Carlson continued, “I can’t imagine a more desperate or evil thing for Tony Blinken, who I think is desperate and evil, in my view, to do. Leave him with a war?”

“A lame-duck president trying to start a war with the world’s largest nuclear power, Russia. What do you make of that?” Carlson asked Vought.

Vought responded, “It’s incredibly insidious, and then add to the fact that he can’t put two sentences together and he is largely not in control of his own government,” referring to Joe Biden.

“You have almost an unelected president with individuals behind the scenes doing this,” he continued, further asserting “It doesn’t surprise me, though. I mean, these are the same people that have weaponized the Department of Justice and the lawfare.”

“I have a colleague, Jeff Clark, who they’re trying to disbar because of the care he showed on behalf of the president in dealing with voter integrity and election fraud after 2020,” Vought further noted.

“The system has thrown everything at the warriors who are on the field. You’re seeing that with Tulsi, you’re seeing that with Matt Gaetz,” he pointed out, adding “Why is all of this stuff being thrown at him slanderously?”

The full exchange is below:

Carlson also discussed the spiralling escalation in Ukraine with journalist Glenn Greenwald, noting that the decision to escalate the conflict with ATACMS missiles is “the most evil thing I’ve seen in my lifetime.”

Greenwald also pointed out that Ukraine doesn’t have the expertise to use the guidance system for the weapons and therefore NATO countries and the US would be actively involved in launching them at targets inside Russia.

As we highlighted yesterday, NATO member state Sweden is sending out pamphlets advising citizens how they should prepare for nuclear war in the wake of the escalation.

*  *  *

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Tyler Durden Thu, 11/21/2024 - 17:40
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The List: Policy Actions To Save America From Globalism Before Time Runs Out

Authored by Brandon Smith via Alt-Market.us,

It’s been a wild ride. After years of near total leftist control of every significant social and governmental institution in the US and abroad the American people have said enough is enough. The progressives have once again been slapped with the ultimate lesson of our era – Get Woke, Go Broke. This time they’re not just broke; they’re broken.

I don’t think I’ve seen such an electoral bloodbath in my lifetime (maybe the Reagan landslide in 1984, but I was only a child). The conservatives control the Oval Office, the Senate, the House and the Supreme Court. Regardless of what you might think of Trump, what’s important is that he ran his campaign on anti-woke and anti-globalism and the US population voted for that agenda en masse.

The American people want an end to the madness of the leftist/globalist regime. They want an end to establishment corruption. They want an end to US involvement in foreign conflicts. They want the woke indoctrination of their children to stop. They want an end to open borders. They want an end to perpetual debt spending and inflation. And, they want reassurance that events like the attempted covid coup against our constitutional liberties will never happen again.

Over the past several months I have been predicting a Trump election win based on the clear sociopolitical shift in popular sentiment. However, my concern has always been that Trump will not make good on his campaign promises, either because he is being thwarted by Neo-Cons within his own team or because he did not intend to follow through in the first place. We all saw what happened after 2016 – The status quo was mostly maintained.

To be fair, in 2016 Trump’s team was mostly chosen for him and that team was comprised of many snakes in the grass. This time around I have a bit more optimism. Trump’s coalition is significantly better than his first term and many of the people involved seem to be dedicated to their particular cause. If this is the case and Trump really means to change things for the better, I have a few ideas on how he can ensure that America never again deviates into the path of globalism.

Some of these actions have already been promoted by the Trump Administration in recent days, some of them have not. Obviously none of these changes are easy but they can be done with the proper enthusiasm and pressure from the American people applied to their representatives in the Senate and Congress. Here’s what we can do as a country to keep our society free and prosperous well into the future.

1) Recess Appointments For Cabinet

The first time Trump tried to appoint his cabinet the amount of Senate interference that took place caused delays of almost 4 months, and that was with appointees that represented no threat to the status quo. This time around it is clear that Neo-Cons within the Senate will work with Democrats to outright reject choices like RFK Jr and Matt Gaetz. They WILL try to sabotage any nominee that presents a legitimate threat to the establishment order.

With this is mind, and per the Constitution, Trump has the option to call a recess of the Senate and make his appointments while they are away and without their approval. There is also a little known rule that allows him to force Congress to adjourn. Candidates for the Senate majority leader position all agreed to support recess appointments before they were voted on, which means there should not be any interference to a call of recess from Trump. Multiple presidents have used this emergency option to fill their cabinets.

2) Federal Voter ID Law

It’s seems like a no-brainer. Every state (except one) that the Democrats won in the 2024 election was a state with no voter ID laws. That’s not a coincidence. Correlation is not always causation, but it’s highly suspicious none-the-less. Many developed nations around the world have strict ID laws when it comes to elections. Why do we not have them in the US?

With the advent of electronic ballots and large scale mail in ballots, a voter ID requirement is more important than ever to prevent election fraud. One of Trump’s top concerns after entering office in 2025 is to pass a federal voter ID requirement for all future elections. This cannot be left to flounder for years, it must be done by 2026.

3) Total Border Control And Mass Deportation – The Details

One of the key agendas of globalism is the forced establishment of open borders in the western world, along with mass migrations of third-world aliens cor cultural saturation and replacement. The goal is to destroy the west from within and then replace it with am economically Marxist and morally ambiguous civilization. Stopping this scheme will require aggressively enforced border laws and deportation laws. This requires multiple steps…

Immediately Establish Texas-Style Border Controls

Despite constant interference from the Biden Administration, the state of Texas and governor Greg Abbott have been incredibly effective in stopping illegal border crossings using expanded patrols and razor wire barriers. Encounters with illegals on the Texas border have dropped by 86% through Operation Lone Star in the span of a year. That’s impressive. Texas methods should be used across the entire border.

Increased Fines Against Companies Hiring Illegal Immigrants

This is a strategy being used by some European nations and it makes sense; a lot of illegals jump the border because they know there’s under the table jobs waiting for them. Trump must make it financially untenable for companies to hire migrants without proper work visas, and greatly increasing fines is the best way to do this.

100% Tariffs On Mexico Until They Secure Their Own Borders

The Mexican government is absolutely corrupt and often uses the US border as a pressure valve to get rid of their poor and their criminals. Instead of fixing the problems within their own country they export those problems to America. This needs to stop.

End All Asylum Requests From Third World Countries

Until the immigration problem is solved the asylum loophole needs to be closed. Save for a few citizens from countries where very real asylum protections are needed (like oppressed dissidents from China or North Korea), there’s no need to take in most of these people and their asylum claims are fraudulent.

Increase Efficiency Of Immigrant Worker Visa Program

Democrats often argue that America cannot survive without migrant workers. I say this is a lie designed to prevent legitimate immigration reform, but if there really is work that needs to be done in our country and migrants are somehow the only people that can do it, then we can have both.

If Trump streamlines the work visa program to speed up the process while vetting applicants, then we can have controlled borders AND migrant workers. To pay for increased efficiency of the program, double the application fee and reduce their legal work period in the US to 1 year or less.

Mass Deportations Of Illegals

This was a key plank of the Trump campaign and it looks like he plans to make it happen. Starting with ALL the migrants that entered the US illegally in the past four years and all those relocated through Biden’s shady visa program. This can be achieved by cutting off existing subsidies to migrants, fines for companies that hire illegals, citizenship verification for home buying or home rentals, ending federal subsidies to Democrat sanctuary cities, etc. Ultimately, most illegals will leave the country on their own.

4) Shut Down Globalist NGOs

Globalist NGOs are the primary source of corruption within the US government and our society at large. NGO’s have all the rights of individual citizens with none of the limitations. They can generate billions of dollars for influence campaigns. They can lobby politicians (bribe them) to get legislation put in place. They can use their incredible financial resources to fund activist movements and create civil unrest from thin air. And, they can even fund programs to control education and encourage mass illegal immigration.

NGOs should be banned from lobbying. And, any NGO’s caught engaging in the funding of woke propaganda in schools, violent activist groups or illegal immigration efforts should be immediately shut down. Some NGOs feed on government funding (like George Soros’ Open Society Foundation) while others are privately funded (like the Ford Foundation). If they are receiving subsidies, that money should be cut off. Stopping the operations of globalist NGOs is imperative to saving western civilization.

5) Immediate Peace Negotiations On Ukraine

Here’s the bottom line – Ukraine is losing the war against Russia. Their eastern front is collapsing due to attrition and in another year or less Russia WILL take the entire country. The war is also being managed by proxy by NATO. We are swiftly plunging into open conflict between the east and the west. This must stop. Even if the situation doesn’t go nuclear, a world war at this time would cause a catastrophic economic collapse, for the US, for Europe and most of the East. Only the globalists want this to happen.

Ukraine is an irrelevant territory not worth fighting over. Americans don’t want to fight over it. Europeans don’t want to fight over it and I doubt the average Russian wants to fight over it. Vladimir Zelensky must be forced to accept the loss of the Donbas to Russia. A DMZ must be established and the fighting must end for the sake of the world.

6) Investigate Covid Corruption

There should be an in-depth investigation into the Biden Administration’s handling of the Covid mandates, including the attempted censorship of information contrary to the government narrative. There should be a real investigation into the viral laboratories in Wuhan, China and Anthony Fauci’s involvement with those labs to develop coronaviruses using gain of function research. Americans want answers.

7) National Ban On CBDCs And The Cashless Economy

In tandem with open borders, globalists at the IMF and BIS have been quietly building a massive global central bank digital currency framework (CBDCs). The erasure of nationally controlled economies and currencies would be required in order to create a globally centralized economy with a single world currency. And, in order to force populations to accept such a system, the globalists need CBDCs.

With a cashless economy in place, elites within governments and central banks would have ultimate power to socially engineer public behavior. If they can take away your money any time they please, it’s much harder to rebel against them. If they can program caveats into CBDCs to prevent spending on certain goods (like meat or gas, for example) then they can pressure the populace into accepting carbon controls and other draconian measures. CBDCs are the end of freedom as we know it.

8) Economic Stop-Gap Plan

I have outlined options for preventing a total economic collapse in previous articles, so I won’t go in-depth here. I will quickly list some of the most important measures that could be taken to revitalize the struggling system. Many of them are designed to bypass the Federal Reserve.

  • End The Income Tax For 99% Of The Population – Tax The 1%

  • End Property Taxes On Single Family Homes – Only Tax Owners With Multiple Properties

  • Remove All Illegal Immigrants From The US – This Will Trigger A Drop In Property Prices And Rent

  • Create Subsidy Incentives For Married Couples With Children – Home Loans, Education

  • Bring Back Technical Apprenticeship Programs – Increase Technical Workers Without College

  • Use Tariffs, But Also Backstop Tariffs With Domestic Production – Focus On High Quality Goods

  • Domestically Manufacture High Quality Goods With Long Life To Help Fight Inflation

  • Issue A Gold/Silver Backed Treasury Bond – Offer Metals Backed Savings Accounts

  • Institute A Moratorium On Debt Ceiling Increases Until Government Deficit Spending And Debt Are Under Control

There’s a lot of work that needs to be done to save the economy in the long run but the options above could help to boost the American worker and consumer and stall a breakdown. Currently, the US faces the highest national debt, the highest interest payments and the highest consumer debt in the nation’s history. We are also still in the middle of a stagflationary crisis. Something dramatic must be done soon, before it’s too late.

Bonus Policy: Institute A Mandatory IQ Test And Mental Acuity Test For All Political Candidates And Leaders

It’s hard to test a person for moral compass but you can at least test intelligence. A candidate should not be prevented from running for office because of low IQ, but I believe the public has a right to know who they’re voting for. If they decide they don’t want a low IQ leader, then that should be up to them.

By extension, independent mental acuity testing should be a regular occurrence. As we saw with Joe Biden, the establishment will happily hide the mental decline of a politician if it serves their interests. The people have a right to know.

No doubt hundreds of other policy ideas could be added to the list above, but these actions are a solid start.  If Trump instituted even half of these solutions the US could be saved from perhaps the worst existential crisis in the nation’s history and globalism would be on the ropes.

*  *  *

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US Is Lone Veto Of Gaza Ceasefire Call At UN, Citing It Neglects Hostages

The United States has again used its veto, blocking the fourth UN Security Council resolution on Gaza since the war began. The comprehensive resolution called for an "immediate, unconditional and permanent ceasefire." UN News writes:

United States vetoes Security Council draft resolution that would have demanded an immediate, unconditional and permanent ceasefire in Gaza, and the release of all hostages RESULT: In Favor: 14 Against: 1 (US) Abstain: 0

The text of the draft resolution did not link or condition the call for permanent ceasefire on the release on the hostages held by Hamas. The US has identified this as the reason for the veto.

A US official ahead of the vote made clear that the US will only support a resolution explicitly calling for the release of all remaining hostages as a key part of the ceasefire.

"As we stated many times before, we just can’t support an unconditional ceasefire that does not call for the immediate release of hostages," the official said.

The US official also alleged that Russia and China were conspiring to isolate the US, pushing the vote toward forcing Washington into being the lone veto:

Some of the council’s 10 elected members (E10) were more interested in bringing about a US veto than compromising on the resolution, the official said, accusing Russia and China of encouraging those members.

China kept demanding ‘stronger language’ and Russia appeared to be pulling strings with various [elected] 10 members,” the official said. “This really does undercut the narrative that this was an organic reflection of the E10 and there’s some sense that some E10 members regret that those responsible for the drafting allowed the process to be manipulated for what we consider to be cynical purposes.”

The draft resolution not only demanded "an immediate, unconditional, and permanent ceasefire" but also the "immediate access [to] humanitarian assistance." The resolution mentioned the release of all hostages and prisoners, but failed to specifically condition it as part of a ceasefire.

Israel has long stood accused of blocking the free flow of humanitarian aid into the Strip. More recently, Palestinian groups looted some 100 aid convoy trucks in the south of the Strip. 

The situation is still desperate, and most estimates say that well over 40,000 Gazans have been killed since the Oct.7 Hamas terror attacks on Israel. Israel's military is showing sights of staying in the Strip for an indefinite period, as whole sections of central and northern Gaza are being bulldozed, and military infrastructure erected in its place.

Tyler Durden Wed, 11/20/2024 - 15:40
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Guess What's Coming To DC?

Authored by El Gato Malo via The Brownstone Institute,

DC is about to experience something entirely new, something absolutely unprecedented in its experience. They think the barbarians are coming. And perhaps they are. But not the kinds of barbarians they suspect. Not this time.

The simple fact is that there exists a very small group of incredibly high-function, insanely productive people. It’s the dirty secret of the world. This tiny tribe conceives, invents, and builds basically everything novel. All of it. They are not normal people. They are the 0.1%.

Unless you have worked with them, around them, or been a part of what they do, you simply lack a reference for what they are like. It’s essentially inconceivable how much such people can get done when they set their minds to it, how many rules they will disprove, break, or ignore, and how many paradigms they will upend.

DC has never seen a mob of high-function autist builders and fin warriors coalesce before. They have no fricking idea what’s coming. They cannot possibly know. But I do.

I know A LOT of these people. This is what most of my friends are like. They learn for a living. They pull systems apart, see them as functional wholes, and work 16-hour days reading arcane 1,000-page descriptions until they understand. Then they pull the underwear of whoever thought they understood this material up over their heads in an atomic wedgie and take over a space. 

It’s just what you do if you’re a person like that. It’s compulsion. It’s like breathing. These are 3 and 4 and 5 standard deviation people who have focus and talent in quantities they do not even have maps of in Washington. I keep hearing about people I know a little getting tapped for transition teams and I’m like “Ooooooh, that guy can read 100 CDS prospectuses in a weekend and remember it all,” or “Yeah, that guy thinks in algorithms and sleeps once a month. He could code when he was 6.”

“Only an insider can tackle the swamp” is dead wrong. It takes someone radically different to make a radical difference. And I am giddy realizing that they are coming. It does not matter that they do not know the terrain yet. They will. They have 3 months to learn. That’s more than enough.

Watch. Moving into novel systems or spaces and becoming better at it than the people currently there is what these people do. It’s ALL they do. It’s who and what they are.

It does not matter if it’s the Department of Education, the Department of Energy, the DMV, or NASA. Same game, same result. every time.

The “insiders” are so screwed. DC has no one like this. They have never even met people like this because people like this avoid government like it is a bag of plague rats. Because it is.

But now they are interested and looking to play exterminator because the state strayed too far into our world and so now we are coming for theirs.

And wait until you see what the world’s best builders can tear down. It’s going to be glorious.

These are the same people who in 10 weeks using just sparse public data and Twitter pulled the pants down on the whole edifice of public health and revealed them as fakes, phonies, and charlatans. Then they rewrote the discipline. It will never be the same. Most of us had never even looked at epidemiology before. In a few months the “amateurs” eclipsed the experts and left them for dead.

We did this as outsiders and without any maps and with the very opposite of help.

Imagine what this gang can do with the keys to the kingdom.

It’s going to be nothing but baffled astonishment from the Beltway boffins.

“How in hell have they read and understood everything!?! They are not experts here!” will decry the people who need to pass bills to find out what’s in them. “How the hell are they producing so much output, so much impact? How did they know just where to push?”

They have never seen what 10 of these guys and three pots of coffee can achieve. I have. Mountains get relocated.

The really truly high-functioning have not come to meet the regulatasaurus before. They were busy and had better things to do.

Not anymore. “Dismantle Leviathan” is now a step in everyone’s business plan. Better, it’s public service as it was supposed to be: not a vocation, not a career. Instead, it is a task, a dirty task that needs doing so you go and do it and then you go home once it’s done.

You fricking clowns just cornered Elon and made this election and administration an existential issue for him and his empire. And an awful lot of us feel the same way. You cornered all of us. Go along to get along ended because you guys crossed the line. Welcome to reflexivity.

The pushback is going to be something for the ages.

DC is going to feel like it’s being invaded by an entire bestiary of mythical monsters with magical powers who can see through walls and huck immovable objects over the horizon. They will come from every side at once. They will replace thousands of federal employees right from the start. 

You’ll be fighting against the outside and the inside. They’re going to transfer and move those permanent staters they cannot fire. Have fun in Topeka or Guam. They’re lovely this time of year.

They are not going to play nice or play fair. They are going to get things done. And they are going to clown you while doing it, clown you like “name their agency after a crypto shitcoin that muskrat ran “to the moon” just because they think it’s funny.”

And it will be.

This is a new kind of team, a team that comes from an ethos of “Move fast and break things” and “Ask forgiveness, not permission.” They are not the GOP procedure drones of yesteryear, These are people who just walk in and do stuff and fuck your process. They have made careers of it.

The Dems have long ago figured out the “Just go do it and let the chips fall where they may” model (basically since Obamacare) but they do it stupidly and on topics where the results will be bad. 

This will be like Uber. By the time the regulators woke up and tried to move against it, people loved it too much to let them take it away. There were protests in front of every DMV in Commiefornia.

And so the world progressed. And instead of doing it donkey-style to contravene the Constitution, team effective autists will be doing it to uphold it. Look on my plans ye mighty and wet your pants. This is teed up in a whole new way on a whole new field.

They will have the swamp in knots. DC power is entrenched because it is secret and controls access and channels and promotion and most especially access to media and publicity. That game is over.

Vivek is a seriously effective guy with finance and biotech and founder chops. He speaks well and makes things. And like him or loathe him, Elon is a change (and a chaos) agent. He takes crazy, audacious swings and builds stuff. He’s a rogue and a pirate. It’s why he’s good at what he does. He asks simple questions like “What did you accomplish this week?” that you cannot hide from. But his real superpower is this: there is no human on earth today who can bring the circus like Elon can bring the circus. No one.

The man is a one-man always traveling 11-ring Barnum and Bailey show. And what an astonishing show this is going to be.

Name and shame are incredibly powerful. This will be an unending media event, a drip feed of “Can you believe they spent millions making and studying transgender monkeys?” (this was a real grant BTW

It will be relentless, revelatory, and invite the whole of the public to the party. There will be no escape, no off switch, no media gatekeeping: this is direct-to-consumer messaging. And hey, let’s get the Epstein list out in the open while we’re at it. Imagine how much DC cycle time THAT would eat, time in which you can get even more stuff done.

Sunlight is a powerful disinfectant. 

Let’s look at everything with new eyes. Let’s disrupt.

Get the establishment on tilt from day one and never stop pushing. Not from any side, not for a moment. Shut things down. Gut agencies like trout. Invite them to “cry some more” if they don’t like it.

Flood the box so hard that the news cycle cannot even cover it. This technocracy is not used to having to defend ground from this sort of attack. They are used to being the ones making the rules. They will not have any idea what to do.

There are these magical times in human history when the truly smart and talented and effective come together and change everything. American independence. The Manhattan Project. Xerox PARC. Apollo. Silicon Valley in the 80’s and 90’s.

Some vast project captures the imagination and worlds are moved.

I think it’s a bit early to just come out and say “This is that” but I’m here to tell you that the cabinet secretaries and the appointments to run agencies are only a part of the show and maybe not the important part.

The thousands coming with them are NOT more drones from interchangeable bureaucrat collective 2177.

These are the finance and pharma and tech bros. Not the fake ones who wear fleece vests and work in biz dev. The meat eaters. Wave upon wave upon wave of them in their hyper-motivated myriads.

And this is a new-new thing.

In the end, it’s just a gross mismatch for you, DC.

You’re smart enough to be a Washington wonk and run rings around drunk Congresscritters as they insider trade. Neat. What’s coming is smart enough to find edge trading against the Goldman arb desk and produce drugs and catch rockets.

We live where you need results, not a sinecure. And we are well and truly pissed. You people are not even bringing a knife to a gunfight. You’re bringing a dinosaur to a meteor strike.

Say goodbye to the Potomac Country Club. Things are about to change. And pardon me if I am over-effusive and over-optimistic, but if this is even 20% of what it looks like, hot damn this is gonna be fun.

Republished from the author’s Substack 

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Bonds, Bitcoin, & Bullion Bid As Markets Mull Moscow, Mullahs, Musk, & Macro

Geopolitics, macroeconomics, and domestic politics all combined for a wile ride in stocks today...

Geopolitics was a major headwind overnight as Putin signed a decree allowing Russia to use nuclear weapons in the event of a massive conventional attack on its soil. But, then that reversed as headlines suggested Iran is looking to de-escalate (IRAN AGREES TO STOP PRODUCING NEAR BOMB-GRADE URANIUM: IAEA).

All of that prompted a roller-coaster in stocks with Nasdaq ending the best (and Small Caps recovering dramatically from overnight weakness). The Dow desperately tried to get green but failed (even with help from WMT)...

Then Musk sparked some chaos in media stocks as he tweeted: "No advertising for pharma"...

Source: Bloomberg

Shorts were squeezed today from the cash open...

Source: Bloomberg

Mega-Cap Tech rallied significantly on the day, bouncing off pre-election levels ahead of tomorrow's NVDA earnings...

Source: Bloomberg

VIX was higher on the day with tomorrow's risk event priced in (though less than typical for an NVDA earnings day)...

Source: Bloomberg

US Macro data disappointed - housing starts and permits were ugly - which helped pull bond yields lower (along with chatter about potential 'safe' picks for Treasury Secretary)...

Source: Bloomberg

Bitcoin continued its charge higher, topping $94,000 - a new record high in USD terms...

Source: Bloomberg

...and coming within a few points of an all-time record high against gold...

Source: Bloomberg

...even as gold started to rally back from its post-election doldrums too...

Source: Bloomberg

Oil prices dipped on the Iran headlines but overall it appears geopolitical uncertainty is adding some premium back into the energy complex...

Source: Bloomberg

Finally, US equities are currently pricing a very optimistic growth environment...

Source: Goldman Sachs

Goldman's sector model leads them to recommend overweight positions in Materials, Software & Services, and Utilities. From an investment strategy perspective, they invoke the dictum of Donald Trump to “protect the downside and the upside will take care of itself.”

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