04/6/17

US Strikes Syria With 60 Tomahawk Missiles [VIDEO]

By: Terresa Monroe-Hamilton | Right Wing News

I started to hear rumors of this late today and it has now happened. My sources say that the US launched 60 Tomahawk missiles at Syria just a short time ago. This is in response to a chemical weapons attack this week that killed 83 people… including 25 children and at least 350 injured. President Trump had said earlier today that something needed to be done. At the same time Rex Tillerson warned the Russians that we would be moving against Assad and to choose who they side with carefully. No time was wasted and now we wait to see if we actually took out Assad and what the repercussions militarily will be.

I understand that two different airfields were taken out, so I doubt that Assad was ‘removed’ from his position of power, but we’ll see. The missiles took out large portions of the military infrastructure there in Syria. Destroyers in the Mediterranean launched the missiles into Syria. This happened fast and I predicted it earlier today. However, I didn’t see it happening this fast. I am now getting other reports from CNN and a friendly source that it was 60 missiles. Our warships have been training for two days for this, so this was decided right after the attack. I have also heard that Iran sent two transports to remove personnel from Syria. Russia was pulling people out as well.

From Fox News:

The United States launched dozens of cruise missiles at a Syrian airfield early Friday in response to a chemical weapons attack that killed dozens of civilians.

The Tomahawk missile strikes destroyed portions of Syrian President Bashar al-Assad’s military infrastructure. Fox has learned there was one primary target an airbase in Shayrat, located outside Homs, a US official tells Fox News

The military plans called for 43 Tomahawks to be fired from the USS Porter and USS Ross. The two Destroyers in the Med can carry 70 Tomahawks altogether.

US defense officials tell Fox the two warships have been training for the past two days to execute this mission.

“Our forward deployed ships give us the capability to quickly respond to threats… these strikes in Syria are a perfect example – this is why we’re there,” said a Navy official.

“Our forward deployed ships give us the capability to quickly respond to threats,” said a Naval official. “These strikes in Syria are a perfect example – this is why we’re there.” From President Trump earlier today: “I think what happened in Syria is one of the truly egregious crimes and shouldn’t have happened and it shouldn’t be allowed to happen,” Trump told reporters traveling on Air Force One to Florida, where he was holding a two-day summit with Chinese President Xi Jinping.

The strike came as Trump was hosting Xi in meetings focused in part on another pressing US security dilemma: North Korea’s nuclear program. Trump’s actions in Syria could signal to China that the new president isn’t afraid of unilateral military steps, even if key nations like China are standing in the way. This acts also as an obvious warning to both China and North Korea… we are no longer playing games.

This may be what I have predicted which is full scale war. It will all depend on how the new Axis of Evil: Russia, China and Iran react to the strike. Things are about to get hot militarily. Buckle up America.

04/6/17

Rex Tillerson Warns Assad That America Is Coming For Him… Puts Russia And Iran On Notice [VIDEO]

By: Terresa Monroe-Hamilton | I Have The Truth

The Trump administration has undergone a major shift in policy towards Syria and Assad in the last 24 hours. After a horrific chemical attack on Syrians by Assad, Rex Tillerson is now saying that the US is organizing a coalition to remove Assad from power there. This goes directly against the Russians and Iranians who have provided cover for Assad from the beginning. I have sources informing me that the US military watched a Syrian fixed wing aircraft drop the bombs that hit a hospital with a nerve agent and this was after the first chemical weapon bomb was dropped. The aircraft used was likely a Russian aircraft that was on loan to Assad. The evidence that the White House and State Department has seen on this attack is damning and monstrous.

“It is very important that the Russian government consider carefully their continued support for the Assad regime,” Tillerson said. Yes, it is… and if we step into this, Americans need to realize this is not just a fight against Assad and ISIS. The minute we commit military might in this fight, we take on the Russians, Iranians and Chinese. In other words, this could be a world war and there will be no turning back. Our military leaders have been predicting this for some time. And don’t forget, we have the North Korean problem to deal with and soon. This is the new Axis of Evil I have written on for years now. The time to dance is upon us.

From the Washington Examiner:

Secretary of State Rex Tillerson said Thursday that steps are “underway” to organize an “international community effort” to oust Syrian President Bashar Assad, a major policy shift triggered by the latest chemical weapons attack in the country’s ongoing civil war.

“With the acts that he has taken, it would seem that there would be no rule for him to govern the Syrian people,” Tillerson told reporters. “The process by which Assad would leave is something that I think requires and international community effort, both to first defeat ISIS within Syria, to stabilize the Syrian country to avoid further civil war, and then to work collectively with our partners around the world through a political process that would lead to Assad leaving.”

Tillerson added that “those steps are underway” already.

It’s a marked shift from last week, when Tillerson told reporters in Turkey that Assad’s future would be up to the Syrian people — an apparent departure from former President Barack Obama’s stated position that he had to leave power. And it adds a new layer of complexity to Tillerson’s upcoming trip to Moscow, as Russia has provided Assad with major military and diplomatic support.

Russian President Vladimir Putin’s government is now indicating that Assad might not enjoy “unconditional support” from them, as they disclaimed responsibility for the Syrian gas attack. “It is not correct to say that Moscow can convince Mr. Assad to do whatever is wanted in Moscow,” Putin spokesman Dmitry Peskov said. “This is totally wrong.” So, there is a slim chance that the Russians may back down. I doubt the Iranians will, but we will see. A show of force from the US under the Trump administration may be enough to contain this. I have my doubts.

“There is no doubt in our minds and the information we have supports that the Syria, the Syrian regime under the leadership of President Bashar al-Assad, are responsible for this attack,” Tillerson said. As I pointed out earlier, they have intel we have not seen and I understand there is no doubt on this at all now. The US blames Assad for a chemical weapons attack in Khan Shaykhun, a rebel-controlled town in Syria’s northwestern Idlib province. The attack left 72 people dead and possibly hundreds more wounded. Originally, it was claimed that the rebels had hidden chemical weapons in a warehouse and that when blown up, they spread. But that is being disproven as I write this. The rebels also have no way of dispersing a chemical weapon even if they had one.

Tillerson was asked whether the US is considering military strikes against the Syrian government: “We are considering an appropriate response for this chemical weapons attack, which violates all previous U.N. resolutions, violates international norms and long-held agreements between parties including the Syrian regime, the Russian government and all other members of the Security Council,” he said. According to a CNN report today, members of Congress told the network that President Donald Trump has told them the US has considered a military response to the gas attack as one of its options. CBS reported that military options could include cruise missile strikes from Navy ships targeting command and control operations, suspected chemical weapons facilities and military forces.

“…we think its time that the Russians really need to think carefully about their continued support of the Assad regime,” Tillerson said Wednesday. “Those who defend and support him, including Russia and Iran, should have no illusions about Assad or his intentions. Anyone who uses chemical weapons to attack his own people shows a fundamental disregard for human decency and must be held accountable,” Tillerson added. We are quickly running out of options and the war drums are ever louder now. Assad should know that America is preparing to come for him and soon.

04/6/17

Nikki Haley Faces Off With Russia… “How many more children have to die before Russia cares?” [VIDEO]

By: Terresa Monroe-Hamilton | Right Wing News

Nikki Haley surprised the heck out of me when she called Russia on the carpet at the United Nations over a monstrous chemical weapons attack allegedly carried out by Assad in Syria. “How many more children have to die before Russia cares?” Haley asked, her eyes locked on the Russian ambassador. And that is the rub of the matter. Of course, Russia claims it was the rebels fault… that they stockpiled the weapons and when Assad blew up their warehouse, they were dispersed. You can’t trust anything the Russians say and I believe that is a monstrous lie.

We are very, very close to war now on multiple fronts. I actually think that we either need to have a trained Black Ops team take out that troll in North Korea, or we need to preemptively strike the Hermit Kingdom. We are now out of options. As for Syria, if we decide to go to war there, realize that we will not just be at war with Assad. We will be at war with Russia, China and Iran as well. Hello World War III. I have warned about this for years and we have finally arrived at the Eve of Destruction.

From Western Journalism:

United States Ambassador to the United Nations Nikki Haley stared down her Russian counterpart in a fiery speech at the U.N. Security Council Wednesday, criticizing Russia for its continuing defense of the Syrian government following a suspected chemical weapons attack.

Haley held up photos of child victims as she recited eyewitness accounts of the attack on the rebel-held town of Khan Shaykhun in Syria’s Idlib province on Tuesday.

“Men, women, the elderly and children gasping for their very last breath,” she told the Security Council. “And as first-responders, doctors and nurses rushed to help the victims, a second round of bombs rained down. They died in the same slow, horrendous manner as the civilians they were trying to save.”

How many more children have to die before Russia cares?” Haley asked, her eyes locked on the Russian ambassador.

Russia’s defense ministry argued that fault for the chemical weapon attack lies with Syrian rebels who oppose President Bashar al-Assad’s government. They said that a rebel-held warehouse producing and storing chemical weapons was destroyed during the bombardment by the Syrian Air Force, causing the release of the chemical agents that took the lives of over 100.

Nikki Haley is a pit bull. She’s tenacious and she stood toe to toe with her Russian counterpart over this and didn’t back down. She didn’t even flinch. I’m impressed. Even President Trump, who had been against doing anything in Syria, has had a change of heart. After you see what was done to children there, first you are shocked… then tears come to your eyes… then you get righteously angry. The games with Russia are about to end.

Death was not quick or easy for these people. It was a slow, agonizing monstrous way to die. Only a brutal tyrant could condone such a thing. Russia used the warehouse excuse to block a strongish Security Council response to the attack, a move that earned the country near-universal condemnation. “Time and time again Russia uses the same false narrative to deflect attention from their allies in Damascus,” Haley said during her speech. “The United States sees yesterday’s attack as a disgrace at the highest level and assurance that humanity means nothing to the Syrian government.” And that has been the brash truth all along.

Nikki Haley closed her speech with: “When the United Nations consistently fails in its duty to act collectively, there are times in the life of states that we are compelled to take our own action,” she said. “For the sake of the victims, I hope the rest of the Council is finally willing to do the same.” In other words, just as President Trump says that if China will not stop North Korea, we will… if the UN will not act on Syria, America will. See where this is going?

The “unacceptable” chemical weapons attack “crosses many lines, beyond a red line, many, many lines,” Trump said during a joint press conference on Wednesday with King Abdullah of Jordan. “I will tell you that it has already happened, that my attitude toward Syria and Assad has changed very much.” The drums of war are deafening now. America, are you ready?

04/6/17

Latest Obama-Rice Scandal Comes into Focus

By: Roger Aronoff | Accuracy in Media

What started out last year as an investigation by the Obama administration into Russian interference in our presidential elections has turned into the latest scandal involving both former President Barack Obama and his national security adviser, Susan Rice. The media are in full panic mode, attempting to keep the focus of the investigation on President Donald Trump and congressional Republicans, while trying to shield Obama and Rice from the consequences of their actions.

What has become clear during the past week is that the focus of the investigation should clearly be shifting from alleged collusion between President Trump’s associates and the Russian government, in order to influence the election—for which no evidence has emerged—to the role of the Obama administration in surveilling, incidental or otherwise, unmasking and leaking information about the Trump campaign and transition teams, for which all sorts of evidence has emerged.

The question for the Republicans, who control every congressional committee as well as the executive branch, is whether or not they have the fortitude and integrity to ignore the pressure from the corrupt, liberal media and to expand or re-direct the investigation wherever the new evidence compels them to go.

The latest development is the unmasking of former national security adviser Susan Rice. Rice was outed this week as someone who requested the unmasking of people associated with Trump’s campaign and transition team.

As Accuracy in Media reported in a recent special report, “Obama’s national security adviser Susan Rice has now been implicated in illegally unmasking Trump campaign and post-election Trump transition officials in monitored conversations, according to Bloomberg News and Fox News. The story was originally broken by Mike Cernovich, who has more of the details including the cover-up of Rice’s role by New York Times reporter Maggie Haberman, who was trying to protect Rice and Obama.”

In fact, Cernovich later revealed that his sources were people inside both Bloomberg and The New York Times “who revealed that both Eli Lake (Bloomberg) and Maggie Haberman (NYT) were sitting on the Susan Rice story in order to protect the Obama administration.”

The media went into full protection mode. A panel on CNN’s 360 With Anderson Cooper was confident that Rice had done nothing “improper.” Why? Jim Sciutto, CNN’s chief national security correspondent, who worked at the Obama State Department when Susan Rice was UN Ambassador, defended Rice, saying that this story was “largely ginned up, partly as a distraction.” CNN’s Don Lemon and Chris Cuomo also dismissed the story, with Lemon saying that the Susan Rice story is a “fake scandal ginned up by right-wing media and Trump,” and that he wasn’t going to be baited into covering it. What little coverage it received on the three broadcast networks’ evening news shows was focused on Rice’s claim that she had done nothing “improper.”

Comments made in February and March by former Obama administration official Evelyn Farkas, but only noticed and highlighted last week, did a lot to shift the narrative. But the establishment media refuse to acknowledge that shift, and are determined to keep Trump, House Intelligence Committee chairman Devin Nunes (R-CA) and Russia as the villains of what everyone agrees is an enormous scandal, if only they could agree on what that scandal is.

“It was more actually aimed at telling the Hill people, get as much information as you can, get as much intelligence as you can before President Obama leaves the administration,” said Farkas on MSNBC on March 2. She also said that “The Trump folks, if they found out how we knew what we knew about the Trump’s staff’s dealings with Russians that they would try to compromise those sources and methods, meaning we would no longer have access to that intelligence” (emphasis added).

Farkas’ comments appear to serve as confirmation that the Obama administration was spying on Trump’s staff during the 2016 election. That was reinforced through the reporting of Fox News’ Adam Housley, who wrote that “Susan Rice, former national security adviser under then-President Barack Obama, requested to unmask the names of Trump transition officials caught up in surveillance.” He added that “The unmasked names, of people associated with Donald Trump, were then sent to all those at the National Security Council, some at the Defense Department, then-Director of National Intelligence James Clapper and then-CIA Director John Brennan—essentially, the officials at the top, including former Rice deputy Ben Rhodes.” According to Housley, “The names were part of incidental electronic surveillance of candidate and President-elect Trump and people close to him, including family members, for up to a year before he took office.”

Note that Farkas said “we” when referring to intelligence issues, and the Trump staff’s Russian contacts. As the former deputy assistant secretary of defense for Russia, Ukraine and Eurasia, she left the Obama administration in 2015, yet she was boldly talking about intelligence matters and informing the Hill while out of office.

As for leaks, she told MSNBC’s Mika Brzezinski, “That’s why you have the leaking: people are worried.”

As that story was swirling, accusations that Rice had been requesting the names of intelligence officials listed in an intelligence report began to emerge, including a Wall Street Journal report that said Ms. Rice “examined dozens of other intelligence summaries that technically masked Trump official identities but were written in such a way as to make obvious who those officials were,” making the masking essentially meaningless. “Unmasking does occur, but it is typically done by intelligence or law-enforcement officials engaged in antiterror or espionage investigations. Ms. Rice would have had no obvious need to unmask Trump campaign officials other than political curiosity.”

Former prosecutor and National Review contributor Andy McCarthy wrote that “the reported involvement of former national-security adviser Susan Rice in the unmasking of Trump officials appears to be a major scandal—it suggests that the Obama White House, of which she was a high-ranking staffer, abused the power to collect intelligence on foreign targets, by using it to spy on the opposition party and its presidential candidate.”

He said that while it may not have broken the law, “The issue is not technical legality, it is monumental abuse of power.”

Before Rice was outed for her involvement in the unmasking and possible distribution of the information obtained from the intelligence community, she had denied having any knowledge of “the intelligence community’s alleged incidental surveillance of Trump’s transition team” when she appeared with Judy Woodruff on the PBS Newshour on March 22.

After the articles appeared this week citing Rice’s role, she went to the friendly confines of an interview with MSNBC’s Andrea Mitchell. Rice acknowledged her role in requesting the unmasking of certain people picked up in the incidental surveillance, but claimed it was normal, and nothing improper or illegal was done. “Imagine if we saw something of grave significance that involved Russia or China or anybody else interfering in our political process and we needed to understand the significance of that, for us not to try to understand it would be dereliction of duty.”

But Rice has a history of making provably false statements to protect Obama. Her comment about a “dereliction of duty” reminded me of her role in the Obama administration’s cover-up following the terrorist attacks in Benghazi. Yes, she lied on five Sunday talk shows about what led to the attacks on September 11 and 12, 2012. But in addition, our Citizens’ Commission on Benghazi identified another dereliction of duty: the Obama administration’s failure to send in the military to attempt to rescue the Americans who were under attack at the CIA Annex near the Special Mission Compound. Four Americans died in the attacks, others were wounded.

Rice also lied for the Obama administration when she said that Bowe Bergdahl, a deserter in Afghanistan who the Obama administration traded for five high-ranking Taliban terrorists, had served in the military “with honor and distinction.” This latest controversy further highlights why I recently questioned Susan Rice as an appropriate person to criticize President Trump’s credibility, which she did in an op-ed in The Washington Post. Rice must be put under oath to explain what she did with the names that were unmasked, who she was communicating with about it, and what Obama knew and when he knew it.


Roger Aronoff is the Editor of Accuracy in Media, and a member of the Citizens’ Commission on Benghazi. He can be contacted at [email protected]. View the complete archives from Roger Aronoff.

04/6/17

When Will Russia Run Out Of Oil?

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 percent of global proved reserves. Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. In 2016, oil and gas companies in Russia discovered 40 prospective fields, however, the 3P reserves of the largest among them, Rosneft’s Nertsetinskoye, amounted to 17.4 million tons. This stands in stark contrast with pre-sanction period achievements, for instance, 2014’s largest find, Pobeda, is believed to contain 130 million tons of oil and 0.5TCm of gas.


Graph 1. Russia’s Oil Production 1970-2020 and Russia’s Deep-Hole Oil & Gas Exploration Drilling.

Source: Russian Central Bank, IEA, Russian Statistics Agency.

It is only logical that against such depressive trends, that people start to question the sustainability of Russia’s current oil-producing renaissance (Graph 1). When will Russia run out of oil? Were Sheikh Yaki Zamani’s “Stone age” simile to materialize, would Russia still be among the top producers when oil started its descent towards obsolescence?

The Ministry of Natural Resources and Environmental Protection of Russia states that not accounting for new discoveries, current oil reserves in Russia stand at 29 billion tons and under current consumption rates would be depleted by 2044 (its 2P gas reserves’ depletion would come about in more than 160 years). To this end, it would like to implement business-easing measures, e.g.: facilitate the issuance of licenses and to increase the size of the allotted subsoil block to a maximum of 500 km2 (which would mean a fivefold increase compared to existing regulations). The Ministry’s stimulating measures, however, should not obfuscate the fact that Russia still has vast amounts of untapped reserves waiting to be discovered. But where?

Frontiers

The future of Russian crude lies in oil that is more expensive, more geologically complex and further away from traditional regions of production. Just as West Siberia replaced the Volga-Urals Region in the 1970s as the Soviet Union’s main producing region, East-Siberia and offshore regions will overtake West-Siberia (which saw its share in the national output diminish from 71 percent in 2004-2005 to 57 percent currently). This change of “leaders” is long overdue as West-Siberia oil output was already expected to plummet in the 1990s, yet thanks to extended oil recovery methods and slower-than-expected development of other oil-rich regions it has managed to keep stable output numbers. Russia’s oil sector has been consistently hoodwinked by analysts, who, beginning from the early 1980s predicted an imminent production slump. The production fall did happen, reaching a low-point between 1996 and 1999 when production foundered to 301-305 million tons per year. The cause was to be sought in Russia’s overall economic depression, not in its dearth of resources.

Today, Russian companies are similarly constrained in tackling Russia’s three new oil frontiers – shale, Arctic and deep-water. It is no coincidence that U.S. and EU sanctions targeted the sales of technologies related to these sectors and not conventional – whilst Russian companies are well-equipped to deal with conventional fields, they relied heavily on Western know-how. Yet it is very unlikely that even a tightening of sanctions could stall Russia’s Arctic exploration activities for a longer period of time. Russia’s continental shelf contains most of the Arctic’s oil formations and approximately 60 percent of its undiscovered reserves. So far, the 3P reserves of Russia’s Arctic stand at 585 million tons and 10.4 TCm, yet most of its Arctic Seas were only superficially appraised. The Kara Sea, whose fields are almost exclusively gaseous, has been in the spotlight since the 1983 of the Murmanskoye gas field (120 BCm), yet the northern parts of the adjacent Barents Sea, which Russia’s Federal Agency on Subsoil Usage deems the most likely to yield top hydrocarbon discoveries in the next few years, are relative newcomers in prospective surveys.

Western oil & gas companies should be aware that the Russian government treats Arctic formations as resources of “federal significance” and it is unlikely to provide them a role other than that of a minority shareholder. There is more maneuvering room for oil formations in the riskier part of the Arctic – the as of yet impossible-to-assess Laptev and Chukchi Seas, where no large-scale surveying has been done. Moreover, after the UN Commission on the Limits of the Continental Shelf acknowledged the Okhotsk Sea as a Russian enclave, the least-researched Russian sea can now be prospected and appraised. Still, the Russian Arctic, along with frontier zones like the Timano-Pechora Basin and the Yenisey-Khatanga Basin, will play an important role in keeping Russia among world’s top 3 oil producers in the next 40-50 years. Yet there is more, Russia’s oil future is not only more Arctic, but also more shale-related.Russia has been sitting on vast shale/tight oil reserves, which according to present data are second only to the United States. Yet it might easily surpass all its rivals, as the development of gigantic tight-oil formations, such as Bazhenov Suite, the largest shale deposit in the world covering a territory of more than 1 million km2 and assumed to contain at least 20 billion tons of oil, is still in its infant phase. The potential of the Abalak Suite underlying the Bazhenov, the Domanik Suite, stretching asymmetrically across the Volga-Urals Region from Perm to Orenburg, as well as many others, is still difficult to assess, yet virtually all of them are located in traditional oil-producing regions with a fully-established oil infrastructure. Although the first Bazhenov oil gush dates back to 1969, several factors have hindered the development of Russian tight oil, yet the principal among them was the availability of other, less-costly variants of production. The preference for easier-to-access, less costly formations is aptly reflected in Russia’s curbing of deep-hole exploration drilling (Graph 1).

As Russia’s tight oil needs at least an oil price level of 55-60 USD per barrel, bringing the first fields on-stream is still some way off as conventionals’ breakeven levels are in the 20-30 USD per barrel range. Despite a significant lag compared to the U.S. shale revolution, this might not be that unfavorable for Russia. It is expected that under the aegis of “import substitution”, Russian service companies might be fully up to the task to exploit Russia’s shale bounty by the 2020s, moreover, they are likely to work in an environment with significantly lower drilling costs, time and efficiency rates than their American counterparts in late 2000s (thus yielding more oil). By that time, perhaps, anti-Russian sanctions will be a yesteryear affair.

Lastly, one should not underestimate the tenacity of Russia’s conventional oil reserves, which thanks to enhanced oil recovery techniques and supplementary exploration will remain a force to be reckoned with. As demonstrated by the discovery of the Velikoye field in the Astrakhan Oblast (reserves estimated at 330 million tons of oil), Russia’s pre-salt layers, even in regions previously thought to be on the verge of depletion, might kickstart a new development vector in its energy matrix. As Russia’s Natural Resource Ministry cannot account for events that are still yet to happen, its 2044 depletion assumption reflects merely its inherent conservatism, not the country’s realistic capabilities. By all accounts, Russia will remain a major oil-producing nation throughout the entire XXIst century, with oil production moving to places that are further (north and east), deeper (both deepwater and pre-salt) and generally more costly.

Link to original article: http://oilprice.com/Energy/Crude-Oil/When-Will-Russia-Run-Out-Of-Oil.html

By Viktor Katona for Oilprice.com

04/6/17

Heads Up Patriots Regarding Georgia!

By: Lloyd Marcus

Candidly, I have taken a small break from my intense political activism. Mary and I are preparing to move to West Virginia where it is cold and the mountainous winding roads do a number on my stomach. Our parents are up in years and we feel led to move close to them. We have been consumed with moving issues; boxes and etc.

My dear friends at Conservative Campaign Committee emailed me their campaign to Defeat Jon Ossoff. Quoting Michael Corleone in Godfather III, “Just when I thought I was out, they pull me back in.” The CCC email exposing how the Dems are using the Georgia special election got my blood boiling, pulling me back in from my political hiatus. Folks, we cannot just sit this one out. The democrats are using this special election to test the strength of their spoil-brats anti-Trump backlash. Ossoff is the poster boy of their anti-Trump resistance.

The Dems have pumped $4 million into their effort to elect far-left radical Ossoff for congress in Georgia. Ossoff marched in the vile Women’s March to Resist Trump. That is all you need to know about him folks. The guy is awful.

The election is April 18th. However, in the early voting the democrats are out voting republicans 2 to 1. We all know how shady democrats are when it comes to early voting. Anyway, we must fight back!

My bottom line is, we cannot let down our guard for a moment folks. As patriots, we must stay engaged. Between preparing for our move; donating clothes and stuff to the Good Will, I must keep at least one eye on what the dems/left are doing to block Trump. If the Left is nothing else, they are relentless in their efforts to stop and destroy Trump. We simply cannot allow that to happen. Stay engaged folks. Please, stay engaged. http://eepurl.com/cJxa45

Oh, by the way, my patriot sister Amy Kremer formerly of Tea Party Express has thrown her bonnet into the ring as a Republican in the Georgia congressional race. Amy is “good Conservative people”. Please show Amy some love. http://amykremerforcongress.com/

Now, please advise. What is the best way to move our second car from Florida to Paw Paw, West Virginia (population 500)?

Lloyd Marcus, The Unhyphenated American
Author: “Confessions of a Black Conservative: How the Left has shattered the dreams of Martin Luther King, Jr. and Black America.”
Singer/Songwriter and Conservative Activist
[email protected]
http://www.lloydmarcus.com/

04/6/17

WILL FRIDAY’S LABOR REPORT SURPRISE ON THE UPSIDE?

By: Kent Engelke | Capitol Securities

Equities advanced led by shares of financial companies and energy. The catalyst was the ADP Private Sector Employment Survey which greatly exceeded expectations. Data points of considerable significance include job growth for good producing industries, which include manufacturers and builders, have just had their strongest two months since 2002. Job gains for medium and small sized companies rose at the greatest pace since June.

Many times I have commented the correlation between the ADP and BLS data has declined, but the large upside surprise increases the likelihood that Friday’s estimates for the BLS statistics are perhaps low.

The ISM Non-Manufacturing Index however posted a nominally disappointing statistic, easing to the lowest level in five months. This data was largely ignored focusing instead on the bullishness of the ADP statistics.

I believe that if tomorrow’s BLS data exceeds expectations by the same amount as ADP, there will be first quarter growth estimates with a “3” handle.

Yesterday was the release of the Minutes from the March 15th FOMC meeting. In my view, much had already been disseminated given initially the general lack of market reaction.

As inferred, the last 60 minutes of trading, the Dow retraced about a 150-point gain only to close lower by 40 points. The S & P 500 declined about 0.60%. According to Bloomberg, it was the largest one day reversal in 14 months.

Some are speculating the reversal was the result of Minutes stating that equity prices are “quite high,” while others suggest it was the result of Paul Ryan commenting “tax reform could take longer than health overhaul.”

Regardless of the reason, I believe yesterday’s reversal was a direct result of the massive influence that ETFs and algorithmic trading has upon the markets where according to the SEC, 90% of the volume is the result of such activity.

What I found interesting was the Commodity Futures Trading Commission (CFTC) appointed its first Chief Market Intelligence Officer who will report directly to the CFTC’s chairman.

This new position is designed to “understand, analyze and communicate current and emerging derivatives markets dynamics, developments and trends — such as the impact of new technologies and trading methodologies upon the markets to ensure market manipulation including spoofing and unbalanced trading does not occur.”

As I noted many times, about 15 months ago, an SEC commissioner stated “because of the change in trading mechanics an unbalanced playing field may have emerged, benefiting only a few.”

Generally speaking, I am against greater regulation, but in today’s new trading era, I do believe there are abuses where activity is not justified by the underlying macroeconomic or geopolitical conditions, where security analysis and macroeconomic thesis is all but disregarded for the sake of the cheapest execution.

What will happen today? President Trump will meet his Chinese counterpart today for a two day meeting. Will there be any provocative headlines? Also released today is the Challenger Job Cuts survey. This is a third tier indicator, but at times has been of some significance.

Last night the foreign markets were down. London was down 0.33%, Paris was up 0.26% and Frankfurt was down 0.15%. China was up 0.33%, Japan was down 1.40% and Hang Sang was down 0.52%.

The Dow should open quietly higher amid the Fed’s stated but well known intent of shrinking its balance sheet amid policy makers’ concerns that stocks have gotten expensive. The 10-year is off 5/32 to yield 2.36%.