War

Pot calling the kettle black?

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Ukrainian MP Andriy Derkach revealed yesterday that former VP Joe Biden received $900,000 from Burisma Group (the one his son Hunter worked for) for lobbying activities.

Derkach publicized documents which explained the channel of getting those funds. He said,

This was the transfer of Burisma Group’s funds for lobbying activities, as investigators believe, personally to Joe Biden through a lobbying company. Funds in the amount of $900,000 were transferred to the U.S.-based company Rosemont Seneca Partners, which according to open sources, in particular, the New York Times, is affiliated with Biden. The payment reference was payment for consultative services…According to the documents, Burisma paid no less than $16.5 million to [former Polish President, who became an independent director at Burisma Holdings in 2014] Aleksander Kwasniewski, [chairman of the Burisma board of independent directors] Alan Apter, [Burisma independent director] Devon Archer and Hunter Biden [who joined the Burisma board of directors in 2014]“…

Using political and economic levellers of influencing Ukrainian authorities and manipulating the issue of providing financial aid to Ukraine, Joe Biden actively assisted closing criminal cases into the activity of former Ukrainian Ecology Minister Mykola Zlochevsky, who is the founder and owner of Burisma Group…Biden’s fifth visit to Kyiv on December 7-8, 2015 was devoted to making a decision on the resignation of [then Ukrainian Prosecutor General] Viktor Shokin over the case of Zlochevsky and Burisma. Loan guarantees worth $1 billion that the United States was to give to Ukraine was the point of pressure. Biden himself admitted exerting pressure in his speech at the Council of Foreign Relations in January 2018, calling Shokin ‘son of a bitch who was fired.”

Derkach added that international corruption of this magnitude couldn’t have taken place without the participation of then Ukranian President Petro Poroshenko.

International corruption of this magnitude, as well as interference in the U.S. presidential election, could not have occurred without Poroshenko’s participation

…We see the conflict in which the new government of Ukraine faces due to the activities of the previous president. I want to emphasize that I’m almost sure, and not only I, but many journalists, that Poroshenko personally bears responsibility for the situation in which Ukraine has ended up, for dragging Ukraine into interfering in the U.S. presidential election, for a huge number of corruption scandals and international corruption that could not have occurred without his control or participation.

Of course, all this must be proven in a court of law, but isn’t it ironic that Biden is demanding Trump is impeached when it would seem the VP (undoubtedly in the full knowledge of the President) might have been complicit in quid pro quos with Ukraine himself.

Do we believe Joe Biden? Biden claimed he had never spoken to Burisma until a picture came out showing him playing golf with Devon Archer and his son, Hunter Biden, both directors of Burisma. Archer and Hunter were managing partners at Rosemont Seneca Partners. Archer was also a co-founder of the private-equity firm Rosemont Capital with Christopher Heinz, his college roommate at Yale. Archer had served as a senior adviser to Heinz’s stepfather, Democratic Senator John Kerry Kerry, during his 2004 presidential bid. Surely Joe never heard a peep about Burisma? Almost as believable as Bill Clinton’s chance meeting with AG Loretta Lynch on a Phoenix Airport runway, a day before her testimony on Hillary’s emails. Nothing to see here.

It smells like Kavanaugh 2.0

Can the Democrats really be so careless? It turns out that the CIA whistleblowera self-disclosed Democrat, who came forward over the Ukrainian affair has professional links to one of the 2020 Democratic nominee’s campaign.

The Inspector General (IG) Michael Atkinson stated this was the case, according to Washington Examiner journalist, Byron York.

Is this why House Intelligence Committee Chair Adam Schiff won’t release the transcript of former special envoy to Ukraine Kurt Volker’s 10-hr testimony, which would possibly disprove allegations of a quid pro quo between President Trump and Ukraine’s government?

It is embarrassing enough that Schiff risks being a witness to an impeachment hearing he is chairing.

Conspiracy theory?

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Presented without comment.

Everyone should take the time to read this. Slowly, and patiently, because it’s very important.

From 2001 to 2005 there was an ongoing investigation into the Clinton Foundation. A Grand Jury had been empanelled. Governments from around the world had donated to the “Charity”. Yet, from 2001 to 2003 none of those “Donations” to the Clinton Foundation were declared. Now you would think that an honest investigator would be able to figure this out.
Look who took over this investigation in 2005, none other than James Comey. Coincidence? Guess who was transferred into the Internal Revenue Service to run the Tax Exemption Branch of the IRS? None other than, Lois Lerner. Isn’t that interesting?

But this is all just a series of strange coincidences, right? Guess who ran the Tax Division inside the Department of Justice from 2001 to 2005? None other than the Assistant Attorney General of the United States, Rod Rosenstein.

Guess who was the Director of the Federal Bureau of Investigation during this time frame? Another coincidence (just an anomaly in statistics and chances), but it was Robert Mueller.

What do all four casting characters have in common? They all were briefed and/or were front-line investigators into the Clinton Foundation Investigation. Another coincidence, right?

Fast forward to 2009. James Comey leaves the Justice Department to go and cash-in at Lockheed Martin. Hillary Clinton is running the State Department, official government business, on her own personal email server. The Uranium One “issue” comes to the attention of Hillary. Like all good public servants do, supposedly looking out for America’s best interest, she decides to support the decision and approve the sale of 20% of US Uranium to… the Russians. Now, you would think that this is a fairly straight-up deal, except it wasn’t. America got absolutely nothing out of it.

However, prior to the sales approval, BILL CLINTON goes to Moscow, gets paid $500,000 for a one-hour speech; then meets with Vladimir Putin at his home for a few hours. Ok, no big deal right? Well, not so fast, the FBI had a mole inside the money laundering and bribery scheme.

Robert Mueller was the FBI Director during this time frame. He even delivered a Uranium Sample to Moscow in 2009. Who was handling that case within the Justice Department out of the US Attorney’s Office in Maryland? None other than, Rod Rosenstein.

And what happened to the informant? The Department of Justice placed a gag order on him and threatened to lock him up if he spoke out about it.

How does 20% of the most strategic asset of the United States of America end up in Russian hands when the FBI has an informant, a mole providing inside information to the FBI on the criminal enterprise?

Very soon after; the sale was approved. $145 million dollars in “donations” made their way into the Clinton Foundation from entities directly connected to the Uranium One deal. Guess who was still at the Internal Revenue Service working the Charitable Division? None other than, Lois Lerner.

Ok, that’s all just another series of coincidences, nothing to see here, right? Let’s fast forward to 2015. Due to a series of tragic events in Benghazi and after the 9 “investigations” the House, Senate and at State Department, Trey Gowdy who was running the 10th investigation as Chairman of the Select Committee on Benghazi discovers that Hillary ran the State Department on an unclassified, unauthorized, outlaw personal email server. He also discovered that none of those emails had been turned over when she departed her “Public Service” as Secretary of State which was required by law. He also discovered that there was Top Secret information contained within her personally archived email.

Sparing you the State Departments cover-up, the nostrums they floated, the delay tactics that were employed and the outright lies that were spewed forth from the necks of the Kerry State Department, we shall leave it with this, they did everything humanly possible to cover for Hillary.

Now, this is amazing, guess who became FBI Director in 2013? James Comey, who secured 17 no-bid contracts for his employer (Lockheed Martin) with the State Department and was rewarded with a $6 million dollar thank you present when he departed his employer? Amazing how all those no-bids just went right through at the State Department. Now he is the FBI Director in charge of the “Clinton Email Investigation” after of course his FBI Investigates the Lois Lerner “Matter” at the Internal Revenue Service and he exonerates her. Nope, couldn’t find any crimes there.

In April 2016, James Comey drafts an exoneration letter of Hillary Rodham Clinton. Meanwhile the DOJ is handing out immunity deals like candy. They didn’t even convene a Grand Jury! Like a lightning bolt of statistical impossibility, like a miracle from God himself, like the true “Gangsta” Comey is, James steps out into the cameras of an awaiting press conference on July 5th of 2016, and exonerates Hillary from any wrongdoing.

Do you see the pattern?

It goes on and on, Rosenstein becomes Assistant Attorney General, Comey gets fired based upon a letter by Rosenstein, Comey leaks government information to the press, Mueller is assigned to the Russian Investigation sham by Rosenstein to provide cover for decades of malfeasance within the FBI and DOJ and the story continues.

FISA abuse, political espionage pick a crime, any crime, chances are this group and a few others did it:
All the same players.
All compromised and conflicted.
All working fervently to NOT go to jail themselves.
All connected in one way or another to the Clinton’s.
They are like battery acid; they corrode and corrupt everything they touch. How many lives have these two destroyed?

As of this writing, the Clinton Foundation, in its 20+ years of operation of being the largest International Charity Fraud in the history of mankind, has never been audited by the Internal Revenue Service. Let us not forget that Comey’s brother works for DLA Piper, the law firm that does the Clinton Foundation’s taxes.

The person that is the common denominator to all the crimes above and still doing her evil escape legal manoeuvres at the top of the 3 Letter USA Agencies? Yes, that would be Hillary Rodham Clinton.

Let’s learn a little about Mrs. Lisa H. Barsoomian’s background. Lisa H. Barsoomian, an Attorney that graduated from Georgetown Law, is a protégé of James Comey and Robert Mueller. Barsoomian, with her boss R. Craig Lawrence, represented Bill Clinton in 1998. Lawrence also represented:
Robert Mueller 3 times,
James Comey 5 times,
Barack Obama 45 times,
Kathleen Sebelius 56 times,
Bill Clinton 40 times,
and Hillary Clinton 17 times.
Between 1998 and 2017, Barsoomian herself represented the FBI at least five times.

You may be saying to yourself, who cares about the work history of this Barsoomian woman? Apparently, someone does, because someone out there cares so much that they’ve “purged” all Barsoomian court documents for her Clinton representation in Hamburg vs. Clinton in 1998 and its appeal in 1999 from the DC District and Appeals Court dockets. Someone out there cares so much that even the internet has been “purged” of all information pertaining to Barsoomian.

Historically, this indicates that the individual is a protected CIA operative. Additionally, Lisa Barsoomian has specialized in opposing Freedom of Information Act requests on behalf of the intelligence community. Although Barsoomian has been involved in hundreds of cases representing the DC Office of the US Attorney, her email address is LisaBarsoomian@NIH.gov. The NIH stands for National Institutes of Health. This is a tactic routinely used by the CIA to protect an operative by using another government organization to shield their activities. It’s a cover, so big deal right? What does one more attorney with ties to the US intelligence community really matter?

It deals with Trump and his recent tariffs on Chinese steel and aluminum imports, the border wall, DACA, everything coming out of California, the Uni-party unrelenting opposition to President Trump, the Clapper leaks, the Comey leaks, Attorney General Jeff Sessions recusal and subsequent 14 month nap with occasional forays into the marijuana legalization mix and last but not least Mueller’s never-ending investigation into collusion between the Trump team and the Russians.

Why does Barsoomian, CIA operative, merit any mention? Because she is 
Assistant Attorney General Rod Rosenstein’s wife.

-Tom Tancredo/Team America

The Grim Repo

What a surprise to see markets show little reaction to the negative repo (repurchase agreements) market in the past week. So much nonchalance and complacency remain in financial markets. It is as if there is this false belief that the authorities can keep the ship afloat with magical modern monetary theory. Not a chance. The tipping points in the financial markets are quantum levels bigger than any that Sir David Attenborough could conjure up in his wildest pessimistic dreams. If we want to cut carbon emissions, the coming economic slump will take care of that.

On average there are $1 trillion of overnight repo transactions every day, collateralised with US Treasuries. Yet many missed that the repo market seized up late last week. Medium-term repos surged from the normal band of around 2.00~2.25% to around 5.25% on Monday. Some repo rates hit 10% on Tuesday.

Essentially what this said was that a bank must have seen that it was worth borrowing at an 8% premium overnight in return for pledging ‘risk-free’ US Treasuries at 2%. In any event, it allowed that particular bank to survive for another day. Banks use the repo market to fund the loans they issue and finance trades that are executed. It is like an institutional pawn shop.

Looking at it another way, why weren’t other banks willing to lend and take an 8% risk-free trade? A look at the global bank’s share price action would suggest that these bedrock financial institutions that grease the wheels of the economy are not in good shape. We just pretend they are. We look at the short term performance but ignore the deterioration in underlying balance sheets. The Aussie banks are future crash test dummies given the huge leverage to mortgages. As CM has been saying for years, the Big 4 risk whole or part nationalisation.

This recent repo action is reminiscent of that before the GFC. The Fed stepped in with $75bn liquidity per day to stabilise markets by bringing rates into the target range. The question is whether the repo action is a short-term aberration or the start of a longer-term quasi QE programme which turns into a full-blown QE programme.

The easiest way to look at the repo market action is to say the private markets are struggling to be self-funding, requiring central bank intervention. Bank of America believes the Fed may have to buy upwards of $400bn of securities to back the repo market this year alone.  This is another canary in the coal mine.

CM wrote a long piece back in July 2016 titled, “Dire Straits for Central Bankers.” In that report, we described how the velocity of money in the system was continuing to drift. As of now, central banks have printed the equivalent of $140 trillion since 2008 but have only managed to eke out $20 trillion in GDP growth. That is $7 of debt only generates $1 of GDP equivalent.

This is the problem. Companies are struggling to grow. US aggregate after-tax profits have gone sideways since 2012. We have been lulled into a false sense of security by virtue of aggressive share buyback programs that flatter EPS, despite the anaemic trend.

Despite the asset bubbles in stocks, bonds and property, pension funds, especially public sector retirement schemes, are at risk of insolvency given the unrealistic return assumptions and nose bleed levels of unfunded liabilities in the trillions.

Also worthy of note is the daily turnover of the gold derivatives market which has hit $280bn in recent months, or 850x daily mine production. This will put a lot more pressure on the gold physical market and also to those ETFs that have promissory notes against gold, as opposed to having it properly allocated.

We live in a world of $300 trillion of debt, $1.5 quadrillion in derivatives – until this is expunged and we start again, the global economy will struggle. That will also require the “asset” values to be similarly wiped out. Equity markets will plunge 90-95% relative to gold. That suggests a 1929 style great depression. The debt bubble is too big. Central banks have lost control.

Buy Gold.

Eco-warriors worried more about tailpipe emissions than the depleted uranium coming from the pipe at the front

Who do you think you are kidding Mr Hitler“…remember the old ‘Dad’s Army‘ tune? Well, it seems that the UK military believes in order to recruit the next generation of soldiers it must take a new approach to appeal to the eco-credentials of those graduating. It is a touch odd to believe that any prospective new squaddies might hold grave concerns about what comes out of the tailpipe of their tank rather than the depleted uranium shells they might fire from the 120mm pipe at the front.

General Sir Mark Carleton-Smith said that “the challenge and genuine commercial opportunity is to aim high and lead the world in the development of military equipment which is not only battle-winning but also environmentally sustainable.”

Truth be told is that is unlikely that young, fresh out of school eco-warriors would be the types that would enlist in the first place.

CM is sure that Vladimir Putin and Xi Jinping will be clamouring to follow the UK’s lead and invest in the next generation of solar-powered wafer-thin armoured tanks and carbon-free balloons which will drop virtue signalling leaflets printed in soy ink on recycled paper encouraging our enemy to embrace love, compassion, diversity and inclusion.

Was the CIA too white at the time of 9/11?

Central Intelligence Agency

According to the BBC, it was. The UK taxpayer-funded broadcaster is buying into this hypothesis that the CIA may have been too “white” and not diverse enough to spot the terrorist activity around September 11, 2001. Weren’t the whites that founded the agency in 1947 the same thinkers who had the nous to use “diversity” (Navaho Native Americans) to devastating effect to transmit sensitive information during WWII? That was 54 years prior to the 9/11 attacks.

What a spectacular own goal. How could the BBC be so careless? It should be completely down to the CIA’s white supremacist backgrounds that led to an agency completely driven by irrational fear to facilitate any old excuse to bomb the crap out of shithole nations. Does CM need to do the BBC’s work for them?

Passing the CIA aptitude tests are bound to be pretty tough in the intelligence areas. The day the CIA starts to prioritise skin tones, sexual proclivity and what is between the legs of candidates as opposed to what is between their ears one should expect even more misses to result. It might be too late – find the CIA Diversity webpage here.

Diversity of thought is all that matters. The BBC would do well to seek introspection. If the CIA had been predominantly staffed by blacks and Hispanics, would this article have ever seen the light of day? Of course not. Good to know BBC practices racism. Or is the journalist gunning for a position on the NY Times editorial board alongside the sweet #cancelwhitepeople Sarah Jeong?

Adult candy dispensers

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Only in America. The Alpine Shooting Range has taken Walmart’s decision not to sell handgun ammo into its own hands. It is now selling it by the pound from a dispenser like we used to buy candy.

Yet what of the stats of gun crime in America?

There are 50,000 (mostly individual) gun stores in the US. 95% of firearm related murders are committed with handguns. Statistically, America would be better off banning sales of pistols rather than AR-15s. Say automatic rifles are banned from today. What will change? Handgun murders will move closer to 100%. Good luck buying back 300m+ guns in America.

According to the Crime Prevention Research Center, murders in US appear to be very concentrated: 54% of US counties (representing 11% of the population) in 2014 had zero murders, 2% of counties made up 51% of the murders, ironically in states with the strictest gun controls – Illinois, NY and California.

Yet America has had decades of periods where governments had majorities in both houses and nothing was done on gun control. We’ve experienced Orlando, Las Vegas, Sandy Hook, Columbine, Parkland, Fort Hood, El Paso, Dayton, San Bernardino, Virginia Tech, Geneva County, Aurora…the list goes on.

Moves by sporting goods stores like Dick’s to ban AR sales and raise the age limit to 21yo looked sensible from the outside. However, they had multiple massacres over decades to make that call. The current CEO has been in charge since 1984. Why the u-turn in his conscience? Indeed the company did temporarily suspend sales of ARs after Sandy Hook in 2012 but kept retailing them at the company’s Field & Stream outlets before selling them again at Dick’s. Inconsistent.

Recall the Parkland, Florida school shooting. At the time media outlets went all guns blazing on the National Rifle Association (NRA), CM warned that it most likely would cause a knee jerk reaction in the opposite direction. We speculated that the hike in membership fee likely reflected a surge in members. As tragic as the Parkland massacre was, CM said that ‘shaming’ NRA members en masse would only make them dig in deeper. As it turns out searches for NRA membership surged 4900% immediately after the tragedy. People are sick and tired of being bullied into feeling guilty about things they haven’t caused.

39,773 died from gun-related death in America in 2018. The highest number in 20 years. Statistically speaking ‘massacres’ accounted for only 106 deaths in 2018 or 0.27% of the total. Yet media attention focuses on it.

To put it into perspective the total number of overdose deaths involving heroin from 2002 to 2015 jumped 6.2-fold in the US. Automobiles killed around 32,000 people last year or a little over 2x that of heroin overdoses. When adding non-methadone opioids (illicit fentanyl) overdose that number surged to 20,000, a 33% YoY jump on 2014 and 5.9x 2002. Why is it happening? The problem for many prescription painkiller users is that once their bottle ends, the addiction doesn’t stop meaning many switch to heroin to get the same ‘opioid’ hit.

We armchair politicians can sit back and shake our heads at America. Yet until there is a will of the people to change the laws, expect more massacres to happen. Name an American politician that is willing to repeal 2A as a cornerstone election campaign policy. There is your answer. Will the Democrat nominees raise their hands for the repeal of 2A? Safer to raise hands at free healthcare for illegal immigrants. 2A is toxic to touch. Sadly innocent people are dying for no reason.

As for Alpine Shooting Range, it is doing the auld American thing of embracing capitalism within the law.