Companies are starting to figure out that many of the clicks on social network ads are coming from bots, they are now scaling back on advertising. Pending homes sales popped up but when you look at the overall picture housing has gone nowhere. Dallas Fed soft data improves while the hard data crashes. Majority of the economic data is declining, there has been no improvement and the economy euphoria is coming to and end, when it does it will be a disaster. The EU is in trouble their bank insurance will not be able to cover a major disaster. The amount of tax revenues coming into the government can not keep up with the debt. Trump proposes that congress and drop their insurance and take Obamacare and the insurance companies should not get the bailouts. There is major chaos in the Trump administration, the corporate media cannot figure out what is going on because this is how it is keeping the deep state confused. The deep state is pushing sanctions on Maduro, they are talking war with North Korea. The deep state has become desperate and they are trying everything to push their agenda. North Korea has proposed peace talks with South Korea without the US involvement.
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Current News – 07.31.2017
- A truly massive scandal is brewing in Big Tech.
- This scandal concerns the fact that 60% of advertising “clicks” are in fact NOT coming from humans; they are generated bots or automated algorithms that don’t buy anything. EVER.
- Keith Weed is The head of Marketing for the consumer goods giant Unilever. he oversees a marketing budget of $8+ BILLION per year.
He wants advertisers to “join up the dots in the digital industry.” As Weed sees it, this ecosystem is corrupted. Some 60% of traffic online is bots. “We want to buy eyeballs of viewers not bots,” says Weed. “If it is too good to be true, it probably is.”
- What does this mean?
- The Tech Giants, Facebook and Alphabet (formerly Google), make the bulk of their money by charging advertisers a certain amount for every click the advertisers’ ads receive online.
- The price that Facebook and Alphabet can charge for advertising space is based on the amount of web traffic that ads receive. The more traffic these ads receive, the HIGHER the prices Facebook and Alphabet can charge advertisers for ad space.
- So if 60% of ALL AD CLICKS are in fact BOTS, not HUMANS, the reality is that these ad prices are in fact MASSIVELY overstated.
- Again, if you think I’m making this up, consider that another consumer goods giant, Proctor and Gamble cut its online marketing budget by $100 million and found… ZERO IMPACT ON GROWTH.
Procter & Gamble Co. said that its move to cut more than $100 million in digital marketing spend in the June quarter had little impact on its business, proving that those digital ads were largely ineffective.
- For the first time since February, poending home sales rose month-over-month.
However, for context, the pace of home sales is now unchanged since May 2015…
- 13 percent of sales went to investors, smallest share this year
- All-cash transactions accounted for 18 percent of signings, the smallest share since June 2009
- After peaking in February, Dallas Fed’s Manufacturing Outlook has slid almost constantly until July which just saw it bounce modestly from 15.0 to 16.8 (stil below May’s levels)
- Chicago PMI plunged most since Feb 2015 to 58.9 – erasing all of July’s “surprise” gains as new order growth slowed and prices paid accelerated.
- – Freight Index Continued in Low-Level Non-Expansion, Down 11.7% (-11.7%) from Its Pre-Recession Peak
- – Consumer Related: Motor Vehicle Orders and Shipments Declined in June
- – Decimated Second-Quarter 2017 Home Sales and Related Construction: Quarterly Contractions in New-Home Sales (-12.3%), Existing-Home Sales (-3.7%), Building Permits (-13.0%), Housing Starts (-21.9%), Single-Unit (-7.0%), Multiple-Unit (-47.3%)
- – June Existing-Home Sales Were Down by 24.1% (-24.1%) and New-Home Sales Were Down by 56.1% (-56.1%) from Pre-Recession Peaks
- the EU’s deposit insurance scheme with the likely result being a ban on cash.
- On July 19, with little media publicity, the EU Single Resolution Board issued a statement with this exact title: Single Resolution Board collects €6.6 billion in annual contributions to the Single Resolution Fund, now reaching €17 billion in total.
As of 30 June 2017, the Single Resolution Board (SRB) had collected €6.6 billion from 3,512 institutions in annual contributions to the Single Resolution Fund (SRF). In total, the SRF now holds an amount of €17.4 billion.
The SRF is being built-up over a period of eight years (2016-2023). The target size is intended to be at least 1% of covered deposits by end 2023. 3,512 institutions banks and investment firms have to contribute to the Fund.
- The Goal
- The goal is to create an emergency “safeguard” that can only be used as a “last resort”.
- The target goal is “at least 1% of assets” and it will take until 2023 to collect this reserve.
- At hand right now the SRF has €17.4 billion in the emergency safeguard.
- As noted last week, there are Over €1 Trillion Nonperforming EU Loans.
- Italy alone has €276 billion in non-performing loans. Greece and Cyprus have NPL ratios of 46% and 45% respectively. Bulgaria, Croatia, Hungary, Ireland, Italy, Portugal, Slovenia, and Romania all have NPL ratios between 10% and 20%.
- “Nearly seven years, 13 austerity packages, and three bailouts (worth a running total of $366 billion) later, the Greek economy is still struggling.”
- Even if the Single Resolution Fund threw its entire emergency fund of €17.4 billion at Greece, it would not do a damn thing for either Greek debt or Greek non-performing loans.
- US Federal Spending is rising at a staggering $428,253,120 per day
- US Federal TAX Revenue is only rising at $129,857,760 per day.
- So the US Government at the federal level is spending about $300,000,000 more per day than it is taking in via TAX revenue.
- President Trump took to Twitter Monday to ask why insurance companies and Congress are not being hurt by the failings of Obamacare just as the American people are being hit.
- Trump had previously threatened to end what he called “bailouts” for insurance companies and Congress
- This is how President Trump makes “The House of Cards” collapse. This is how President Trump ends Obamacare once and for all.Executive Order #1President Trump should issue an immediate Executive Order forcing every member of Congress to use the same healthcare plan as the rest of us. Let Senator McCain come off his high horse and live under the rules of Obamacare. Make every member of Congress live by same rules as the rest of us. President Trump should immediately use Executive Order to put every member of Congress in the exact same boat as rest of us.
Executive Order #2
President Trump should issue an immediate Executive Order demanding disclosure of all financial interests and ownership in healthcare related companies or stock by every member of Congress– including all family members and offshore accounts.
Then we’ll find out why they voted against repeal. They are all on the gravy train.
The decision to remove Mr. Scaramucci, who had boasted about reporting directly to the president not the chief of staff, John F. Kelly, came at Mr. Kelly’s request, the people said. Mr. Kelly made clear to members of the White House staff at a meeting Monday morning that he is in charge.
It was not clear whether Mr. Scaramucci will remain employed at the White House in another position or will leave altogether.
- “Mr. Scaramucci felt it was best to give Chief of Staff John Kelly a clean slate and the ability to build his own team”
Finally, with the ouster of Scarmucci, the list of high-ranking personnel fired by Trump rises to 12:
- Sally Yates, the acting attorney general and an appointee of former President Barack Obama, was fired by Trump just ten days after he assumed office. Yates had refused to uphold the Trump administration’s controversial travel ban in January.
- Michael Flynn resigned in February after serving in the position for less than a month. Flynn misled Vice President Mike Pence and other administration officials about the contents of his phone conversations with Sergey Kislyak, Russia’s ambassador to the US. Flynn reportedly discussed the Obama administration’s sanctions against Russia with Kislyak prior to Trump assuming office.
- Katie Walsh, the former deputy chief of staff and close ally to chief of staff Reince Priebus left the White House just nine weeks into the job to run America First, a pro-Trump group outside of the government.
- Preet Bharara, the former US Attorney for the Southern District of Manhattan and ‘Sheriff’ of Wall Street, was fired by Trump in March after Bharara refused to submit a resignation letter to Attorney General Jeff Sessions.
- James Comey, the former FBI durector, was fired by Trump in May.
- Michael Dubke, the former White House communications director, resigned in May. Dubke was replaced by Anthony Scaramucci, the founder of a hedge fund and a top Trump donor. Scaramucci was fired after just 10 days on the job (see below).
- Walter Shaub, the former director of the Office of Government Ethics, resigned earlier this month after clashing with the White House over Trump’s complicated financial holdings. Shaub called Trump’s administration a “laughingstock,” following his resignation, and advocated for strengthening the US’s ethical and financial disclosure rules, per The New York Times.
- Mark Corralo, spokesman for President Donald Trump’s legal team, resigned on July 20 within two months of being on the job.
- Sean Spicer, the embattled former White House press secretary, resigned on July 21 after telling Trump he vehemently disagreed with the selection of Anthony Scaramucci as White House communications director.
- Micheal Short, the former White House press aide, resigned the same day as Spicer, after Scaramucci revealed plans to fire him.
- Reince Priebus, the former White House chief-of-staff, resigned just six months into his tenure after a public feud with Anthony Scaramucci, the White House communications director.
- And now, Anthony Scaramucci, who “resigned” as the new White House Communications Director on July 31, after just 10 days on the job.
- Intelligence Chairman Devin Nunes (R-Calif.), in a letter to Director of National Intelligence Dan Coats, said the requests were made without specific justifications on why the information was needed.
- “We have found evidence that current and former government officials had easy access to U.S. person information and that it is possible that they used this information to achieve partisan political purposes, including the selective, anonymous leaking of such information,” Nunes wrote in the letter to Coats.
- Nunes said the total requests for Americans’ names by Obama political aides numbered in the hundreds during Obama’s last year in office and often lacked a specific intelligence community justification. He called the lack of proper justifications a “serious deficiency.”
- U.S. Vice President Mike Pence said Monday there is no larger threat to Baltic states than the “specter of aggression” by Russia, as he pledged support for NATO allies Estonia, Latvia and Lithuania.
- Will he attempt to thwart the bill in some other way? There are a few exceedingly easy ways for him to do so. He could simply water down the bill with a signing statement:
Both Obama and President George W. Bush routinely used “signing statements” when presented with pieces of congressional legislation which had provisions that they opposed if they were not prepared to veto the entire bill.
This is not to suggest that Trump can simply negate sanctions on his own authority, but he can easily spell out in such a document how he understands the legislation and how he plans to carry out its provisions.
Supreme Court rulings, notably in the Zivotovsky ruling, make it clear that Congress cannot direct the president how to use his authority in competencies that belong to the Executive Branch, so even if, for instance, most members want to see German, Italian and French firms punished for their energy business with Russia, they cannot force the president to take such action if he does not deem it to be in the interest of the United States.
- Enforcement is also a critical matter. Using his executive authority, Obama directed federal law enforcement to stop pursuing certain categories of people who were residing in the United States illegally, and set down his prioritized categories for immigration enforcement. Similarly, Trump can decide how vigorously and strictly he wants to enforce sanctions on Russia.
- The European Parliament has refused to recognize the results of the Venezuelan Constituent Assembly election, and condemned Caracas for numerous violations of the country’s constitution and international law, EU Parliament President’s press service said Monday.BRUSSELS , Venezuela held an election to select members of the Constituent Assembly, a new legislative body with the power to amend the constitution. The election was held amid mass protests across the country
- The Treasury’s Office of Foreign Assets Control (OFAC) has personally sanctioned Venezuelan President Nicolas Maduro, adding him to the list of specially designated nationals, freezing any U.S. assets he may have and generally blocking U.S. persons from transactions involving him.
- From the Treasury Department:
OFFICE OF FOREIGN ASSETS CONTROL
Specially Designated Nationals List Update
The following individual has been added to OFAC’s SDN List:
MADURO MOROS, Nicolas (Latin: MADURO MOROS, Nicolás), Caracas, Capital District, Venezuela; DOB 23 Nov 1962; POB Caracas, Venezuela; citizen Venezuela; Gender Male; Cedula No. 5892464 (Venezuela); President of the Bolivarian Republic of Venezuela (individual).
- “We’ll handle North Korea. We’re going to be able to handle North Korea. It will be handled. We handle everything,” b
- Moscow on Monday voiced “great concern” about latest developments on the Korean peninsula, urging all sides to “refrain from any steps that could lead to further … tension”.
- However, the Russian ministry rejected “untenable” U.S. attempts to shift responsibility for the situation on the peninsula to Russia and China.
- “In this context, we would like to recall that it was Russia and China that developed a joint road map that excludes the use or threat of force and involves a comprehensive solution to all the problems of the Korean peninsula,” Moscow added.
- Russian Deputy Foreign Minister Sergey Ryabkov has said the threat posed by North Korea should not be exaggerated and that a rational solution should be found by Russia and the United States.”I think we are years and years away from a moment they can weaponize,”“What they are testing are quite primitive devices which require months for preparation, and which are essentially pieces of equipment with all sorts of wires and additional elements around, which simply cannot be put on top of any missile.”“We are in the process of discussing a draft resolution for the UN Security Council that would take further measures, and we are prepared to do so, but this resolution should not equate measures that are targeted on stopping the illegal activities of Pyongyang in the area of nuclear weaponization and missile developments to the economic suffocation of the whole country,” Ryabkov said.
- “There is no point in having an emergency session if it produces nothing of consequence,” Haley said a statement released Sunday afternoon.
- “An additional Security Council resolution that does not significantly increase the international pressure on North Korea is of no value. In fact, it is worse than nothing, but it sends the message to the North Korean dictator that the international community is unwilling to seriously challenge him,” she added. “The time for talk is over.”
- According to a report in South Korea’s Munhwa Ilbo newspaper, which cites an unidentified government official, South Korea’s military is preparing a “surgical strike” scenario that could wipe out North Korean command and missile and nuclear facilities following an order by S.Korea’s President Moon Jae-in. Munhwa adds that the military is to report the scenario to presidential office after completing it as early as August 1.
South Korea’s Special Forces Operation Squad To Be Established In response to President Moon Jae-In’s order to remove the North Korean leadership in case of emergency , it was confirmed that the military is preparing its own unique North Korean core facility precision strike scenario. in response to the North Korean nuclear and missile threats that have reached the critical threshold of the Red Line.
- North Korea is said to be willing to hold ministerial talks with South Korea if the South allows and supports a peace treaty between Pyongyang and Washington. Besides, the North seems to have a plan to freeze its nuclear program and ultimately discuss the issue of Korean reunification. In other words, North Korea has clearly set its policy not to respond to South Korea’s proposal to hold inter-Korean military and Red Cross talks as long as the South keeps its stance as in the past.
- The U.S. State Department is calling Russia’s decision to cut hundreds from its diplomatic staff in Russia “a regrettable and uncalled for act.”
- The Washington Post in an article titled, “Al-Qaida in Syria snuffs out competition in northwest,” clumsily reveals what many following the Syrian conflict have known all along – that the so-called uprising never existed, and that the US and its allies are directly arming, aiding, and abetting Al Qaeda in Syria.
- The article admits:
Syrian rebels and activists are warning that an al-Qaida-linked jihadi group is on the verge of snuffing out what remains of the country’s uprising in northwestern Syria, after the extremists seized control of the opposition-held regional capital, Idlib, last weekend.
- However, the so-called “uprising” has been allegedly supported since 2011 by the US, Europe, and the West’s collective allies across the Middle East, including Saudi Arabia, Qatar, and the United Arab Emirates, to the tune of hundreds of billions of dollars a year in weapons, training, logistics, and even vehicles, and now even direct military support.