12/13/18

NoisyRoom Daily News Links – 12/13/18

Incoming NY Attorney General vows to use full power of the State to get Trump

Trump cancels White House Christmas party for the press

House Democrats Change Rules to Make It Easier to Raise Taxes

It’s My Gavel Now: Pelosi Strikes Deal With Insurgent Wing That Ensures Her The House Speakership

Three Clinton Foundation Whistleblowers To Testify About Tax Crimes, Pay-For-Play

President Trump Says Democrats Gave Money To Iran, But Won’t Fund The Wall For Border Security

New Satellite Imagery Shows Hundreds Of Russian Battle Tanks Amassing On Ukraine Border

Tectonic Change And Henry Blodget

Book Review – Confronting The Deception

A No-Confidence Vote In Trump

OBAMA’S WAR IS UPON US

UNDER SOCIALISM, YOU CAN’T EVEN AFFORD TO DIE

Cherif Chekatt, France gunman who opened fire at Christmas market, is dead, reports say

After Ending Obama’s ‘Net Neutrality,’ U.S. Internet Speeds Rose Nearly 40 Percent This Year Despite Left’s Unhinged Prediction that the World Would Come to an End

Liberal Tolerance Update: Incoming Democrat Muslim Congresswomen Ihlan Omar Mock Pence’s Christian Faith

Mexico Is Closing Their Border… With Guatemala

MSNBC’s Mika Brzezinski Absent from ‘Morning Joe’ After Calling Secretary of State Mike Pompeo a ‘Butt Boy’

Former Congressman Thaddeus McCotter: China Is ‘Building Communism’ in America with Technology, Finance

12/13/18

A No-Confidence Vote in Trump

By: Cliff Kincaid

You may remember the days when President Trump was calling for a $25 billion Border Wall to be financed by Mexico. Now he’s shouting at the Democrats to give him a measly $5 billion from the hard-pressed American taxpayers.

Just as Theresa May faced a no-confidence vote for failing to make a proper deal to remove Britain from the European Union, many conservatives here are becoming increasingly skeptical of President Trump’s claim that “people would revolt” if the Democrats impeach him. Some of his legislative maneuvers are leaving supporters scratching their heads in dismay and disgust. It looks like he’s selling out to the Swamp.

Consider that Trump has pressured Senate Leader Mitch McConnell to bring up for a vote a piece of liberal jailbreak legislation known as the First Step Act.  It looks like he’s trying to attract the felon vote that normally goes for the Democrats. CNN’s Marxist commentator Van Jones is behind Trump and his son-in-law Jared Kushner on this one. In fact, Jones, a former activist with the group, Standing Together to Organize a Revolutionary Movement (STORM), looks like the one orchestrating the entire “empty the prisons” effort.

Continue reading

12/13/18

Book Review – Confronting the Deception

By: Terresa Monroe-Hamilton

Purchase at Amazon.com

It has been my honor and pleasure to get to know Tabitha Korol. She’s not only a wonderful author and writer but a true patriot and someone who is not afraid to tell it like it is. As America roils with chaos and uncertainty foisted on her from leftists who are intent on removing a duly elected president and forcing the freest nation on earth into bowing before Marxism, Tabitha writes of what we have forgotten. She writes on what happened on 9/11/2001… and on what many of us swore we would never forget.

It has long been my belief that we should have attacked Iran after 9/11 as the major culprit in the attack on our homeland. But in the end, the enemy here is radical Islam and always has been. And the threat has not diminished but grown in the last 17 years. We have let our guard down and we have let the enemy within America. Communists on the left seed our communities with Islamist refugees we know nothing about. It is a recipe for murder, chaos, conquest, and terrorism. Jihadists and their holy war are now here in America and we invited them in even after they slaughtered almost 3,000 Americans on that fateful sunny morning in 2001.

Confronting the Deception by Tabitha Korol, reminds all of us that it wasn’t just Osama bin Laden or al Qaeda that murdered innocent Americans that day. The threat had been growing for decades and Americans were comfy thinking we were immune to it. Not so much. If you read her research, it tells that although Muslims assure us of their peaceful intentions, most of it is Taqiyya (lies) to infidels.

I agree with Tabitha’s conclusion that it is not only a small number of radical Muslims who wish us harm, but it is also the Ummah itself… the Muslim collective. The radical terrorists are just those tasked with the dirty work. Islam believes it should rule the world under shariah law. From the beginning, I have considered it a flawed, fractured religion and not a good one. For that, I have been censored and purged. So has Tabitha. It is an internal and an external threat we dare not ignore but seem bent on doing so. It is an existential threat to Judaeo-Christian civilization.

As Glenn Beck and others have pointed out often, the Caliphate (and there are multiple ones among Muslims) is a danger to all of us. The US stands with Israel because we believe in freedom. Islam does not. It is a theology that thrives on conquest, subjugation, bloodshed, and suppression. Korol’s book points out all of this and more. I believe this is literally a fight to the death for civilizations.

Confronting the Deception puts forth that Islam claims that 9/11 was an act of the Caliphate and “is still being fueled by a Shadow Government.” With CAIR and a ton of organizations now on US soil, that is a foregone conclusion. We have never been given the truth of radical Islam by the media, most of the government and certainly not by the left. In the end, the political theology of Islam in America screams hatred towards infidels and our way of life. “Death to America” is no longer just a saying, but a goal of the Caliphate and we had better come to terms with it before it is too late.

From Amazon.com on Confronting the Deception:

Since 9/11, the United States, Israel, and cultures that still value our freedoms have been fighting a battle of survival on several fronts. The ideology born out of the Islamic attempt to claim Ground Zero as its caliphate is still being fueled by the Shadow Government. The seriously deceptive media hides the truths about Islam’s invasion into other countries and our own, concealing the consequent tectonic changes in the intruded societies, with the result that America’s needs for urgent analysis and discussion are suppressed.

Academia, from kindergarten to university, is disinviting valuable speakers and turning patriots into globalists. Curricula, textbooks, and teaching methods are being changed, inspiration quenched, and competition discouraged by an equalizing grading system, engineering the children’s psyche to produce a compliant, nonproductive generation.

“Confronting the Deception” challenges the insidious propaganda with arguments supported by irrefutable facts. Korol exposes the gravity of the threats we face with copious links to Koranic quotes, historic accounts, and trustworthy documentation not available in any other single source, and reveals the mentality that creates the jihadi terrorist, in order to help the reader to navigate the distortions that are peddled as truths.

Deception is the modus operandi of Islam and the Left. We are being indoctrinated to disrespect and dislike America, to devalue our freedoms, and to cast aside the advancements we’ve made since our founding. The “Eight Years” have brought us an increase in divisiveness, intolerance, street violence, rapes, honor killings, and FGM, combined with a drip-feed of false narratives to direct the thinking of the gullible. This book is an attempt to redress our endangered world by Confronting the Deception.

If you are interested in radical Islam and the threat of terrorism here in America, Confronting the Deception is a must read. I cannot recommend the book highly enough. Tabitha Korol nailed it and she is a tremendous writer and researcher. You can purchase your copy on Amazon.com.

12/13/18

Tectonic Change And Henry Blodget

By: Kent Engelke | Capitol Securities

Many times I have commented that geopolitical changes are tectonic. Globally, the policies and politics that have dominated since the conclusion of WWII are under attack as the commoner feels abandoned by the government. There is a general distrust of all governments, the result of regulatory fiat instituted by unelected bureaucrats.

In many dimensions, it is urban vs rural. Elitist versus commoner. A case can be made that four of the five largest democracies are in the beginning throes of a gunless revolution. England’s May. France’s Macron. Germany’s Merkel. America’s Trump.

In many regards, instability is the order of the day hoping that this instability does not lead to widespread violence.

What does the above have to do with the markets? Everything. The markets are dominated by multinational technology companies. The assumptions surrounding their business models have been shattered and the companies are fighting to maintain the status quo.

For example, Apple states that if Chinese tariffs rise to 25%, Apple would relocate its production facilities. As noted several times, over 90% of iPads and iPhones are manufactured in China. Wow! Talk about impacting profits, an impact perhaps magnified by slowing sales.

The above paragraph perhaps partially explains the volatility based upon trade comments; volatility amplified by the market dominance of these companies.

Radically changing topics, globally speaking, there is $7.76 trillion of negative real bond yields, up $2 trillion from October according to Barclays. In mid-2016 there was a record $12 trillion of negative real yields. Typically, negative real yields correspond with inflationary growth as funds gravitate to the real economy from financial assets.

Bloomberg writes after hedging out currency risk, the yield on the 10-year Treasury dropped to minus 0.4%, the lowest since the funding markets blew up during the 2008 financial crisis.

Some would argue the surge in the number of bonds with negative real yields is the result of trade fears that will slow global economic activity. Some would also argue the rapid selling of investment grade rated debt over the past month that has created the greatest surge in investment grade credit spreads since 2016 is also the result of fears of a slowing economy.

The issue at hand is the economy is not slowing. Quoting several Federal Reserve officials, the current economic environment is “robust’ and is expected to remain robust for the next several quarters.

Simplistically speaking, there is a disconnect. The other day I referenced JP Morgan research commenting about the proliferation of fake news and research reports that are greatly influencing trading… trading dominated by computers and six-word headlines.

Can I remotely suggest that such is occurring today in an attempt to sway public opinion about the dangers of changes in trade policy? Wow! This is conspiracy theory stuff.

If JP Morgan is correct about the massive proliferation of questionable news and research reports, the above does not sound outlandish. In my view, if any “credible” analyst writes comments that are found today in the blogosphere, comments that would make Henry Blodget blush, that analyst would be quickly cashiered.

Enough of the conspiracy rant, for the fourth straight day equity gains were cut in half by market close thus suggesting selling into any type of strength.

Just as an aside, late yesterday according to the LA Times, the California Public Utilities Commission will vote next month for a “texting tax” to provide funds for phone service to the poor. State regulators have proposed the tax would be retroactive going back five years.

Various business groups including Silicon Valley Leadership Group and the CA Chamber of Commerce is fighting the proposal, calling such as “dumb and unneeded.” Several consumer advocacy groups are also protesting stating it would unfairly impact those who are “less fortunate.”

Wow! If passed, would this be viewed in a similar manner as France’s fuel tax? Government data states over 80% of California have a cell or smartphone.

Last night the foreign markets were mixed. London was down 0.40%, Paris was down 0.37% and Frankfurt was down 0.12%. China was up 1.23%, Japan was up 0.99% and Hang Sang was up 1.29%.

The Dow should open nervously flat. The 10-year is up 2/32 to yield 2.91%.