Venezuela seizes general motors plant and it has now halted production. Gold is slammed down for a 3rd day in a row, but gold is holding its own. Continuous jobless claims manipulated and are at it’s lowest point since 2000 when the economy when into a recession. Subway closes stores. Philly Fed hard data declines. Trump wants the Fed to print currency. Trump wants the dollar weaker, if the dollar weakens gold and silver are going to surge. The economy is being setup to collapse. Trump trying to push the repeal of Obamacare. We are coming up to the shutdown of the government.FBI admits that Wikileak did not get their information from Russia, it was from a contractor. Propaganda alert, Trump might flip flop on the Paris climate deal and the TTIP. Dems and deep state introduce bill to get rid of the President. Chicago Tribune says it is getting hit with the Facebook fake news algorithm. US sniffer plane flying over North Korea. Many of the ships that were dealing with Fukushima are radio active one might be used as a false flag. US deep state wants the opium fields in North Korea, this is the main reason for the push to get control of the country. Deep state wants to divide Libya. Deep state pushing to scare Americans by telling them that the boogie man is coming to get them.
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Current News – 04.20.2017
- General Motors said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia; as a result the carmaker said it would immediately halt operations in Venezuela.
- “Yesterday, GMV’s (General Motors Venezolana) plant was unexpectedly taken by the public authorities, preventing normal operations. In addition, other assets of the company, such as vehicles, have been illegally taken from its facilities,” t
- While the US carmaker vowed to defend its rights, it has no chance of success of recouping its property under the current regime, which no longer recognize either local or international law. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies.
- A little earlier than the last two days (right before the London Fix)…
- The last time continuing jobless claims was this low, the Nasdaq peaked at the end of the dotcom boom and collapsed over 80% in the next 2 years.
- The ‘best’ continuing jobless claims print since April 2000… tumbling to 1.979 million (well below the 2.024 million expectations)
- Despite a slump in industrial production…
- Which just happens to coincide with the peak of the Nasdaq…
- So this is hardly a leading indicator of awesome times ahead?!
- For the first time in its 52 years of operation, Subway announced that it contracted in 2016, shuttering 359 US locations which as Bloomberg described was the “biggest retrenchment in the history of the restaurant chain” whose total store count dropped 1.3% from 27,103 in 2015 to 26,744 even as it remained the most ubiquitous fast-food eatery in the US, although McDonalds still tops if by sales.
- Verizon, the largest US wireless carrier by subscribers, reported earnings which missed on both the top and bottom line, it : in the first quarter of 2017, Verizon posted its first ever quarterly net loss of wireless subscribers.
- The subscriber drop underscored the recent adverse trend: total Verizon revenue declined 7.3% to $29.8 billion, missing estimates $30.8 billion .
- Philly Fed’s Manufacturing survey (soft data) has collapsed in the last two months (biggest drop since Jan 2015). The 22.00 print mised expectations and was the lowest since Dec 2016 amid a big slump in new orders and shipments.
- The index for current manufacturing activity in the region decreased from a reading of 32.8 in March to 22.0 this month.
- Crucially the ‘hope’ subcomponent plunged to 45.5 (contracting) – the lowest since the election.
- Manufacturing Expansion?
- The curious thing about these numbers is the Beige Book and Industrial Production reports both come from the Fed!
- Stregthening Light Vehicle Sales?
- On April 3, I reported March Auto Sales Final Numbers: Down 5.7%, Two-Year Low; Don’t Worry, It’s Just a Plateau!
- Also on April 3, I reported Auto Inventories Highest Since July 2009: Concerns Mount, Ford Vehicle Sales Decline 7.2%, GM Up 1.6%
- Somewhat Softer Readings in Non-Auto Retail Spending?
- The fact of the matter is Retail Sales Unexpectedly Decline, Revisions Even Worse.
- Modest Wage Increases Broadened?
- That claim is arguably true on the surface, but if one factors in price inflation, wage growth is nonexistent since August of 1971.
- Trump To “Bully” Fed Into Printing Money – Negative for Stocks, Positive for Gold
- Trump is likely to turn on the “enemy within,” the Federal Reserve and bully them into “printing money.”
Gold in USD in 1970s
- “What happens if Trump bullies the Fed into accepting his higher growth rates which he achieves by boosting government spending and borrowing billions? Could it happen in the first place?
- Yes it could. In the 1970s, Richard Nixon bullied the Fed into printing money so that he could win the 1972 election. It can happen because it has happened.
- Wall Street would wobble and the stock market fall,
- On January 17th 2017, the Wall Street Journal published an article in which Trump stated point-blank that the $USD is “too strong.”
- The US currency took note, falling over 1% that day, bringing it to critical support.
- However, the Fed had different plans for the greenback, hiking rates in March and then promising to hike them twice more in 2017. And the $USD reclaimed this line and has since maintained it.
- So last week, Trump struck again, this time tweeting “the US Dollar is too strong.”
- Look regardless of one’s political views here, it’s obvious Trump wants the $USD lower. And it’s also obvious that he’s trying to woo Janet Yellen to his side of this situation.
- You can easily read between the lines here. Trump would like Yellen a lot more if she stopped hiking rates
- The precious metal has been on an absolute tear so far in 2017, crushing stocks AND bonds.
- And as Trump continues to push the $USD lower, Gold will only perform even better. Once the precious metal takes out the downward sloping trendline dating back to the 2011 top, the path is clear for an eventual move to $1,600 per ounce.
- Obamacare repeal may be back on the table. According to the Huffington Post, the chair fo the House Freedom Caucus, Mark Meadows and Tuesday Group co-chairman Tom MacArthur have reached a tentative Trumpcare deal. But while the two Republican lawmakers say they are nearing a deal on changes to the ObamaCare replacement bill
- Once Congress returns to work from their Easter break they’ll have just 5 days to unveil, debate and pass a spending bill, or trigger a government shutdown on April 28 which would come right before the 100th day of Donald Trump’s presidency. That said, officials could also strike a one-week compromise, giving them more time for a broader agreement.
House Minority Leader Nancy Pelosi warned Thursday that including funding for the border wall will almost certainly cause a loss of Democratic support. “I would hope that they wouldn’t try that,” she said, adding, “the American people don’t even support it.”
- Having exclaimed that WikiLeaks is “a non-state hostile intelligence service often abetted by state actors like Russia,” laying the blame for every embarrassing leak at Moscow’s footsteps, the FBI and CIA have admitted that they are searching for an “insider” (not a Russian) who exposed thousands of top-secret documents that described CIA tools used to penetrate smartphones, smart televisions and computer systems.
- As CBS News reports, a manhunt is underway for a traitor inside the Central Intelligence Agency.
Sources familiar with the investigation say it is looking for an insider — either a CIA employee or contractor — who had physical access to the material. T
Much of the material was classified and stored in a highly secure section of the intelligence agency, , Mike Pompeo railed against WikiLeaks and its founder Julian Assange.
“It is time to call out WikiLeaks for what it really is: A non-state hostile intelligence service often abetted by state actors like Russia,” he said.
- WikiLeaks has said it obtained the CIA information from former contractors who worked for U.S. intelligence.
- It seems once again that WikiLeaks’ facts were ‘facts’ and CIA/FBI ‘facts’ were ‘fake’.
- The global warming activist democrats in Trump’s White House, led by Ivanka and Jared Kushner, are trying to convince the President to reneg on yet another campaign pledge, against the advice of Steve Bannon.
- According to Bloomberg, a pro Paris bloc in his administration, which targets greenhouse emissions, is recruiting energy companies to lobby the President to remain in the controversial agreement that he specifically said was a waste of money during the campaign.
- From Obamacare to NATO, and from Ex-Im Bank to Chinese currency manipulators, President Trump has shown he is comfortable changing his mind ‘bigly’. Today’s exuberant support for “TTIP as good for global order,” from Speaker Ryan, f
- During his presidential campaign, Trump often criticized the TPP agreement and called it a “terrible deal,” which is harmful for US workers. On January 23, Donald Trump signed an executive order withdrawing the United States from the Trans-Pacific Partnership (TPP) free trade agreement and promised to renegotiate the North American Free Trade Agreement (NAFTA).
- Speaker Ryan, according to Bloomberg News noted that “TTIP was good for global order,” adding…
We are more determined than ever to lead. We don’t want China to write the rules of the 21st century global economy. We want to do that. We want a level playing field for our businesses. And yes, we want free trade deals, but they have to be smart trade deals.
- Trump still has time to change his mind on TPP, King warned, noting that the treaty text remains valid until February 2018.
- Back in December we wrote about the efforts of Facebook to combat the spread of “fake news” over social media with the introduction of a filter intended to flag ‘fake’ content so that users wouldn’t haven’t to go through the hassle of critically analyzing information on their own. : who determines what is considered “fake news” and how exactly do they draw those conclusions? From our prior post (see “Facebook Launches Campaign To Combat “Fake News”“):
The first problem, however, immediately emerges because as NBC notes, “legitimate news outlets won’t be able to be flagged”, which then begs the question who or what is considered “legitimate news outlets”, does it include the likes of NYTs and the WaPos,
Also, just who makes the determination what is considered “legitimate news outlets.”
- Now, it seems as though the first confirmed victim of Facebook’s ‘fake news’ crusade may be none other than the Chicago Tribune, a newspaper that undoubtedly considers itself a “legitimate news outlet.”
- a curious thing happened back in December when Facebook first changed up its algorithms to target fake news, namely their traffic crashed. Per the chart below, the typical Tribune post went from attracting the interest of 30-35k people down to 15-20k people in a matter of months.
- The U.S. military reportedly dispatched a nuclear sniffer plane to airspace off the east coast of Korea.
- “The WC-135 Constant Phoenix, a special-purpose U.S. plane, made an emergency sortie today over the East Sea (Sea of Japan),” a government source told Yonhap News Agency Thursday.
- The plane arrived at Kadena Air Base in Okinawa, Japan two weeks ago, The plane was deployed to the area as tensions with North Korea surged over the possibility of a sixth nuclear test.
- Nuclear sniffer planes are used to detect and identify radioactive debris in the aftermath of a nuclear weapons test.
- Nearly two-thirds of the US Navy ships that assisted in the relief efforts that followed the March 2011 nuclear disaster at the Fukushima Daiichi power plant in Japan are still contaminated with low-level radiation, according to a new report.
- The Navy’s 25-ship relief effort, Operation Tomadachi, sent sailors near the coast of Japan to assist the area after a magnitude-9.0 earthquake and subsequent tsunami ravaged the island nation and caused a level 7 meltdown at three reactors in the Fukushima Nuclear Power Plant.
- The radiation levels still found on the vessels are so low that “it does not pose a health concern to the crews, their families, or maintenance personnel,” Hilarides said.
- The largest American ship to take part in Operation Tomadachi was the USS Ronald Reagan, which passed through a radiation plume while assisting the relief effort. Of the more than 1,300 individuals on board the Reagan who were monitored by the Navy after exposure, more than 96 percent were found not to have any detectable internal contamination,
- Several hundred sailors have since fallen ill with various forms of cancer, including leukemia, thyroid cancer, and testicular cancer, while some had to have organs removed or given birth to babies with unexplained birth defects.
- The Question is with the sniffer plane flying over the area did they setup a ship int he area that they are going to sink, then have the sniffer plane pickup the radiation from the sunken ship
- North Korean state media warned the United States of a “super-mighty preemptive strike” after U.S. Secretary of State Rex Tillerson said the United States was looking at ways to bring pressure to bear on North Korea over its nuclear programme.
- North Korea is a threat, goes the narrative. And we, as loyal Americans, should fear the potentiality of that fact.
- That’s why U.S. aircraft carriers, accompanied by fighter jets and warships, are currently steaming toward the Korean Peninsula.
- That’s why the best soldiers the United States military has to offer are currently in South Korea, training — goes the narrative — to take out Kim Jong-un.
- That’s why Japan, staunch U.S. ally, is considering deploying troops to South Korea — in preparation for the time when that evil dictator from the north will try to harm Japanese nationals in the south.
- They actually want us to believe that it would take the combined military might of the U.S., Japan, and South Korea to take out Kim Jong-un. There literally is no other way to look at it.
- As in all cases when it comes to geopolitical analysis, it helps to look at a map. North Korea is sandwiched between a U.S.-occupied territory to the south and a global superpower, China, to the north.
- In what universe does it make sense that Kim Jong-un would think attacking an “enemy” in the region would be beneficial?
- Which poses an immediate question: Why the military buildup in South Korea?
- As the U.S. prepares for war with North Korea, politicians and the media have failed to tell the public about the vast opium fields in the country.
- As Afghanistan’s drug trafficking business continues to soar following the illegal occupation by U.S. forces 16 year ago, the military industrial complex are now setting their sights on North Korea.
- North Korea’s opium poppies remained at least somewhat secreted from its citizens under the rule of Kim Jong-il.
- It must be duly noted, America’s opioid epidemic mushroomed only after U.S. troops invaded Afghanistan.
- “Within six months of the U.S. invasion,” wrote Matthieu Aikins for the December 4, 2014, Rolling Stone, “the warlords we backed were running the opium trade, and the spring of 2002 saw a bumper harvest of 3,400 tons.”
- Just prior to boots and bombs hitting the ground, opium production in Afghanistan fell to an impressive low of 185 pounds — all-too ironically, thanks to Taliban efforts to eradicate the entire supply of opium poppies.
- North Korea — who announced weeks ago its debilitated economy would seek relief from, yes, the cultivation and production of opium poppies.
- Trump has been pressuring China, North Korea’s main benefactor, to help defuse the situation over North Korea’s development of atomic weapons and long-range missiles but he has also warned that the U.S. will settle the issue alone if other countries won’t help.
Siths, videos of bush and obama.
- A top UN court has rejected Kyiv’s claims that Moscow supports terrorists in eastern Ukraine,
- Ukrainian President Petro Poroshenko said he does not consider the conflict in the Donbass “frozen.” In his opinion, “an actual hot war” is going on in the region.
- Beijing says Iranian and Chinese companies will sign the first commercial contracts to redesign the Arak heavy water nuclear reactor in central Iran in the weekend.
- He further described the contracts as an important part of the 2015 Iran nuclear deal, dubbed the Joint Comprehensive Plan of Action (JCPOA).
- Lu said China and the US were joint heads of the working group on the Arak project, adding that smooth progress had been made on the plan.
- “The signing of this contract will create good conditions for substantively starting the redesign project,” he said.
- Iran and the P5+1 countries — the United States, Britain, France, China and Russia plus Germany — signed the JCPOA on July 14, 2015 and started implementing it on January 16, 2016.
- US Secretary of State Rex Tillerson claims that Iran nuclear deal does not achieve its goal of keeping Iran from obtaining a nuclear weapon.
- Tillerson added that the JCPOA ignored all other serious threats from Iran.
- The possible partition of Libya has been raised multiple times during the country’s current conflict,
“I don’t think that the division of Libya in two different parts…is a good idea because this could bring further destabilization and further external intervention,” Gentiloni stated in remarks at the Center for Strategic and International Studies.
Gentiloni said partitioning the country would have dangerous consequences for Egypt and Tunisia as well as Europe.
- Source: sputniknews.com
- Through selective reporting, the omission of facts and reliance on dubious sources of information, media outlets have sought to twist the facts and whitewash crimes committed by the rebels.
- (MPN) Damascus — This week, Syria saw one of its most deadly attacks against civilians fleeing al-Qaeda-held areas in Al-Fu’ah and Kafrayah through a government-rebel civilian swap. Rebels targeted and killed 126 people, including dozens of women and children, after a blast hit a convoy of evacuee buses Saturday.
- Strangely, the fact that the victims targeted in the blast were all Muslim Shiites was either outright ignored by the media or construed as proof that they were “pro-Assad,” a term that much of the mainstream media uses as a pejorative.
- Israel’s military said on Wednesday it believes Syrian President Bashar al-Assad’s forces still possess several tonnes of chemical weapons, proof, none, this is propaganda
- In a 2013 agreement brokered by Russia and the United States, Syria agreed to destroy its chemical weapons.
- Several U.S. media outlets claimed on Wednesday that the Syrian Air Force moved its assets to the Russian-controlled Hmaymim Airbase in southwest Latakia.
- From CNN to Fox News, these U.S. media outlets alleged the Syrian Air Force moved the “bulk” of its assets to the already overcrowded Hmaymim Airbase in the Latakia Governorate district of Jableh.
- According to a Syrian Air Force officer, some aircraft are routinely moved and others were transferred to the Hmaymim Airbase in order to help at the Hama front; however, the allegations regarding the bulk of their planes being moved to this installation are false.
- speaking at George Washington University, he laid out what The Hill called a “dark vision” of the global threats facing America.
- “Make no mistake,” the retired U.S. Marine Corps general said, echoing former President Barack Obama. “We are a nation under attack.”
- During Kelly’s first major public speech since becoming head of DHS, he told attendees at George Washington University that America is “under attack from people who hate us, hate our freedoms, hate our laws, hate our values, hate the way we simply live our lives. And we are under attack every single day,” he firmly stated. “The threats are relentless.”
- So next time Kelly mentions incredible visions of death and destruction to justify embracing anti-privacy measures, more surveillance, and less freedom, remember that what he wants us to be afraid of is the messes people like him created decades ago and are now trying to handle by doing what they have always done well — fomenting more crisis, at home and abroad.