Friday December 28th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †

CEA Chairman Kevin Hassett Discusses Disconnect Between Wall Street and Main Street…

The investment instruments created by Wall Street billionaire hedgefund managers and institutional multinational banking interests; operated by robotic algorithmic data networks, while programmed to twitch and flitter with coded signals only decipherable by the hired engineers; are wildly swinging amid their detachment from Main Street.
This fluctuating Wall Street process is likely to continue; actually, it’s going to get a hell of a lot worse; because the invisible data driving the activity behind the swings is based on investment bets, derivatives that are entirely disconnected from actual Main Street financial results.  Chairman Hassett discusses:


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Full Spectrum: “The Main Street-Wall Street demarcation has been fortuitously blurred, all to Wall Street’s benefit. Recall the mass migration over the last few decades from defined pension plans to self-directed IRAs and 401ks. This was Wall Street impregnating Main Street with Wall Street’s sweatless ethics. Main Street is very much ‘in the market’. Trumponomics desperately needs a tutorial to the American people explaining the rockiness of the transition and all that’s at stake.”…

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President Trump Draws Attention to Murder of Police Officer Ronil Singh by Illegal Alien…

On Christmas day Stanislaus County Sheriff officer Cpl. Ronil “Ron” Singh took a picture with his wife Anamika and his five-month-old son.  Early this morning he was shot and killed by an illegal alien; a manhunt for the suspect is ongoing.  President Trump drew attention to the case in a tweet earlier today.

(California) […] Singh, 33, was shot and killed at 1 a.m. Wednesday after pulling over a suspected drunk driver at Merced Street and Eucalyptus Avenue.
He exchanged gunfire with the suspect but is not believed to have hit him. “It was a gunfight,” the sheriff said. “Cpl. Singh absolutely tried to defend himself and stop this credible threat.”

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"Nude Selfies"? – Mueller's Russian Target, Concord Management, Responds to Request to Block Discovery…

Almost everyone who has researched the substance behind Rosenstein and Mueller’s heavily promoted Russian indictments knows the underlying claims are centered on the thinnest of evidence.
Given the nature of the politicization behind the Mueller investigation, many people argue there is no actual evidence at all; it’s a manufactured ruse created only for purpose of advancing a necessary political narrative, an excuse for media column inches and pundit talks.
And there is a great deal of reason to believe the cynics are entirely accurate; particularly when you overlay the series of events that highlight the prosecution never thought anyone would actually show up in court and challenge their claims.

Greasy Bear hackers and Macedonian Bot Farms might sound like a good justification for a prosecution when pitched to an incurious media. However, when Greasy Bear and the accused Macedonians show up in court, well, the prosecutors might just have a problem.
That is the backdrop for a series of bizarre requests from the Special Prosecutor to seal the evidence against the accused, Concord Management, and the defendants response.
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Same Sketchy Journalists Claim Again Michael Cohen in Prague Story…

McClatchy journalists Peter Stone and Greg Gordon are once again attempting to prop-up the most disproven allegation in the Chris Steele/Nellie Ohr dossier about Michael Cohen making a trip to Prague.  They appear to stir this false story approximately every six months.  [See Here]  This iteration is framed around cell-phone tower pings.
Michael Cohen has denied the claim for years.  Cohen’s lawyer, Lanny Davis, has clearly denied the claim.  The special counsel has reviewed and walked-away from the claim.  The Washington Post spent months trying to substantiate the claim, and could find no evidence [See Here].  According to WaPo reporter Greg Miller, the CIA and FBI have refuted the claim.  It simply did not happen.

However, that said, the Cohen mistake within the Dossier continues to point toward how the FISA-702 FBI/NSA database was likely exploited by government intelligence ‘contractors’ to extract political opposition research.  Their FISA(16)(17) “about” queries of the database simply returned a result of the wrong Michael Cohen.
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December 27th – 2018 Presidential Politics – Trump Administration Day #707

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

trump-president-3

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Sarah H Sanders Twitter @SHSanders45

Thursday December 27th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †

Former Walmart CEO Bill Simon Discusses Strong Holiday Sales and What It Means for Economy…

It’s a little funny to watch this.  The chicken little pearl-clutchers at Fox Business: ‘orange-man-bad tariffs‘ -vs- former Walmart CEO Bill Simon on strong holiday retail sales, global growth and the U.S-China trade reset.
The Wall Street business-pundits are pre-programmed, at an institutional dna level, to jump into the “tariffs are bad” talking points.  Mr. Simon aptly dispatches them with a dose of reality from the Wal-Mart/Main Street perspective.  [It’s kinda funny]


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Wait a minute….. Are Financial Analysts/Media Playing Games With Holiday Growth Rate of Consumer Spending?…

Here’s a weird question.  I’ve been looking at this all day.  Something sketchy is afoot.  I waited specifically for CBS to report so that I could share an exact comparison.


In 2017 total holiday sales were reported as follows:

2017 CBS – […] They had a lot of company across the country. Total retail sales this holiday season added up to a record $598 billion dollars — up $33 billion from last year. (link)

In 2018 total holiday sales were reported as follows:

2018 WSJ and CBS – […]  Overall, U.S. consumers spent over $850 billion this holiday season, according to Mastercard. The figures suggest a stock-market swoon and partial government shutdown haven’t curbed consumer confidence and spending. (link)

See the issue?..
In all 2017 financial media reports $598 billion was the holiday spending total.  And in all of 2018 financial media reports $850 billion was the total holiday spending.
That’s a difference of $252 billion more spent in 2018.  An increase of 42%.

A forty-two percent increase !!

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