- It appears Trump may have been right, again
- Two days after FBI director Comey shot down Trump’s allegation that Trump was being wiretapped by president Obama before the election, it appears that president Trump may have been on to something because moments ago Politico reported that according to the House Intelligence Chairman, Devin Nunes, “members of the Donald Trump transition team, possibly including Trump himself, were under surveillance during the Obama administration following November’s election”, he told reporters on Wednesday.
- As AP confirms, Nunes said that President Donald Trump’s communications may have been “monitored” during the transition period as part of an “incidental collection.”
Read more at:Bombshell: Nunes Says There Was “Incidental Surveillance” Of Trump During Obama Administration
- Summary of the rapidly changing situation, which has taken place on the one year anniversary of the March 2016 Brussels Massacre:
An assailant was shot outside the British parliament by armed police, the leader of the House of Commons said on Wednesday after loud bangs were heard and a Reuters photographer saw at least a dozen injured people on a nearby bridge.
A four-wheeled drive SUV said to have driven over Westminster Bridge knocking down pedestrians this afternoon, which according to VoA reports have lead to at least five casualties
Knifeman then got into the grounds of Parliament where he reportedly stabbed a police officer
The ‘middle-aged’ attacker was then shot by armed officers as the area was cleared by emergency services
Read more at:One Woman Has Died After An SUV “Mows Down” Pedestrians On Westminster Bridge; Assailant Shot In “Terrorist Incident”
- Shots have been reportedly fired outside UK parliament in London, where two people have been reportedly shot outside the gates to parliament, Reuters and Bloomberg report with iTV adding that explosions heard outside British Parliament, the building on lockdown.
- According to SkyNews, waves of people’ have been seen running from Parliament amid reports of gunfire.
- As BBC adds, politicians and journalists have tweeted about hearing loud crashes outside the buildings, as witnesses said they saw people being treated for injuries.
- Witnesses have reported seeing a man with a knife within the palace grounds.
- A police officer has also told a BBC’s political editor that someone has been shot outside Portcullis House.
Read more at:Gunfire Reported Outside UK Parliament: Two People Shot, Man With Knife Seen On The Grounds: Building On Lockdown
- Listening to the broadcast of testimony by FBI Director Comey and National Security Agency Director Admiral Michael Rogers before the House Intelligence Committee (an oxymoron) made it clear that the Democrats, Comey, and Rogers intend conflict with Russia.
- The Republicans, for the most part, were interested to know how security leaks targeted at Trump Republicans came from meetings at which only the CIA Director, NSA Director, and FBI director were present.
- Of course, they did not get an answer, which shows how powerless congressional oversight committees are. Comey repeatedly said that he could not tell the committee anything, because it would confirm that a press leak was true. But, he said, speaking generally and of no specific leak, most leaks come from “someone who heard something” and passes it on to the media, which also explains the inaccuracy of some leaks. In other words, don’t blame us.
Read more at:Paul Craig Roberts Exposes “The Conspiracy Against President Trump”
- What will replace the current system after it self-destructs? That’s the question.
- You know those disclosures on your credit card statements? That it will take 27 years to pay off your balance if you only make the minimum payment each month, and so on?
- You might not be aware of it, but America’s “credit card”–our national debt–comes with its own disclosure statement:
- Here’s a chart of America’s credit card: clearly, any credit line expanding this fast will bankrupt the borrower, regardless of their income.
- I often refer to debt serfdom, the servitude debt enforces on borrowers. The mechanism of this servitude is interest, and today I turn to two knowledgeable correspondents for explanations of the consequences of interest.
- Correspondent D.L.J. explains how debt/interest is the underlying engine of rising income/wealth disparity:
Read more at:Dear America: Better Read The Fine Print On Your Credit Card Statement
- With the omnipotence of the world’s central banks suddenly all too evidently exposed as nothing more than ‘Oz’-like smoke-and-mirrors, it is not just US politicians that are losing faith and calling for more oversight of the most-powerful unelected officials in the world. Handelsblatt reports today that Germany’s federal auditor says The ECB lacks accountability in banking sector oversight and government will work to close that oversight gap.
- Handelsblatt reports, citing a parliamentary report it obtained, that the European Court of Auditors is unable to perform an “extensive review” of the bank supervisory functions at ECB. Furthermore, the German Federal Court of Auditors says in a report submitted to the German parliament’s budget committee
Germany should explore all options for closing the oversight gap.
Read more at: “Audit The ECB”? – German Officials Call For Greater Oversight Of Central Bank
- Surveys of both consumers and businesses show there is an extreme level of confidence regarding future GDP growth. Consumer confidence is now at its highest level since 2001. Small and medium-sized business owners, the driving force of growth in the economy, appear downright giddy; as the NFIB Small Business Optimism Index recently soared to its highest level since 2004.
- The Philly Fed Index, a survey that gauges how well manufacturers are feeling, hit its highest level since 1984. Business leaders are betting on tax cuts, infrastructure spending and a scale-back of onerous regulations that will, hopefully, make America great again!
- But just as we were beginning to get tired of all this “winning”, investors are also receiving a strong reality check from the actual hard data regarding the current state of economic activity.
- The economy slowed more than expected in the fourth quarter of 2016. Gross domestic product increased at a lackluster 1.9 percent annual rate at the end of last year. For all of 2016, the economy grew only 1.6 percent, which was the weakest pace since 2011.
Read more at:Survey Says… Ignore The Hard Data At Your Peril