I am listening to the Comey hearings on C-SPAN at this time. I already had a low opinion of the “government” in Washington, D.C. but even I am surprised by the overt treason shown by Democrats in these hearings. The Republicans, as expected, are not showing any spine: call this abuse of justice what it is.
I will put videos up when they are published later in the day.
David DeGerolamo
A high-powered group of senators officially petitioned the State Department Thursday to suspend the security clearances of former Secretary Hillary Clinton and her top aides — a move that could effectively kneecap her preparations for the White House.
Sen. Marco Rubio, a member of the intelligence committee, led the push, joined by Sen. John Cornyn, the Senate’s second-ranking Republican and a handful of others.
Mr. Cornyn and Sen. Cory Gardner also introduced a bill that would strip Mrs. Clinton’s access altogether, which would mean she wouldn’t get the top secret briefings that presidential candidates usually get once they claim the nomination.
Here is a question for people who believe that there are good people in Washington, D.C.:
How many FBI agents resigned to protest this finding?
Keep on voting for and supporting evil. Or wake up and remember what Liberty costs.
David DeGerolamo
A man identified as Philando Castile, 32, was shot and killed during a traffic stop Wednesday evening in Falcon Heights, Minnesota that could spark yet another round of social unrest throughout the nation.
With the events in Ferguson, Baltimore, and recently a police shooting in Baton Rouge, the country could very well be in for yet another round of severe social unrest. This comes at a time when tensions and rhetoric is already high on the political front as Donald Trump and Hillary Clinton ramp up campaign efforts and negative attack ads on television. And given that the economy is already on very shaky ground, we could be in for a very long remainder of the summer.
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A second police murder in a few days. Pray for this country.
David DeGerolamo
YouTube has used its “hate speech” policy to remove a video posted by CounterJihad that exposed how the Muslim Brotherhood wages what it calls “Civilization Jihad” in America.
CounterJihad posted the three-minute video, entitled “Killing for a Cause: Sharia Law & Civilization Jihad,” to Youtube on June 30. The film meticulously explains how the Muslim Brotherhood’s “Civilization Jihad” is a crusade to eliminate and destroy Western civilization from within.
Global stock market panic following the Brexit vote suggests investors around the world are quickly realizing that the collapse of the entire system is inevitable.
Though Brexit may have been the trigger for the latest sell-off, the fall out is merely an indicator of much deeper problems.
And as the crash accelerates, those with foresight are rapidly divesting themselves of traditional assets and moving their capital into safe havens of last resort. The latest move comes from an unknown trader who, according to CNBC, just made a massive bet on gold:
If you missed out on gold’s recent rally, fear not, because one savvy trader is betting more than $6 million that the bullion breakout is far from over.
In an eyebrow-raising trade on Tuesday, one trader bet that the gold ETF, ticker symbol GLD, could keep soaring through the summer. Specifically, that trader purchased 66,000 of the September 135/140 call spreads for 96 cents each. Since each options contract accounts for 100 shares of stock, this is a $6.3 million bet that the ETF could rise as high as $140 — or another 7 percent from the current price of around $130.
Whoever this trader is, he’s not alone.
The fallout from the Brexit vote continues to rock the European financial system. On Wednesday, the British pound dropped to a fresh 31 year low as confidence in the currency continues to plummet. At one point it had fallen as low as $1.2796 before rebounding a bit. As I write this, it is still sitting at just $1.293. Meanwhile, the problems for the biggest banks in Europe just continue to mount. At one point on Wednesday Credit Suisse hit an all-time record low, and German banking giant Deutsche Bank closed the day at an all-time record closing low of 12.93. Overall, Europe’s Stoxx 600 Bank Index closed at the lowest level in almost five years. What we are watching is a full-blown financial meltdown in Europe, but because it is not personally affecting them yet, most Americans are not paying any attention to it.
The collapse of the British pound that we have seen since the Brexit vote has been nothing short of breathtaking. In fact, CNN says that this “is what a currency crash looks like”…
This is what a currency crash looks like. The pound has slumped to $1.28, its lowest level in more than three decades.
Investors are dumping the pound following Britain’s vote to leave the European Union on June 23. The pound has dropped roughly 15% since the referendum day, when it reached $1.50.
After appearing to stabilize, the pound resumed its decline this week after three big asset management firms halted withdrawals from real estate investment funds.
Of course this is likely only just the beginning. There are some analysts that are suggesting that the British pound could eventually hit parity with the U.S. dollar at some point. We are seeing seismic shifts on the foreign exchange market right now, and this is going to affect trillions of dollars worth of currency-related derivatives. It will be exceedingly interesting to see how all of this plays out.
Meanwhile, Deutsche Bank continues to get absolutely hammered.
by Robert Gore
Even small children recognize injustice, especially when they are its victims. “No fair” is the common schoolyard refrain. A sense of justice undoubtedly serves a host of evolutionary purposes. Imagine a world where the unjust, the wrong, always triumphed. Thieves prospered as crime went unpunished, the few stalwarts hewing to honesty and rectitude were marginalized or eliminated, and this social order evoked commendation rather than condemnation. How long would such a society survive? Cynics will say we are there now. That’s overblown, but they have a point.
A desire for political change that becomes an actual movement drip-feeds on perceived injustices. No political movement of consequence fails either to wrap its objectives in the mantle of justice or portray its opponents as evil. The Declaration of Independence is a transcendently important work of political philosophy, but it’s also a laundry list of grievances against King George. The aggrieved, not the political theorists, propel revolutions. The straw that breaks the camel’s back is often relatively minor, even trivial. However, it generally has disproportionate symbolic importance. The tea tax exacted on the colonists was a pittance, but it inspired the Boston Tea Party and the revolutionaries’ “No taxation without representation” slogan.
Eric Hoffer noted that: “What starts out here as a mass movement ends up as a racket, a cult, or a corporation” (The Temper of Our Time, 1967). The government birthed after the revolution has indeed degenerated into a racket, and those not in on it increasing recognize its injustices. It still tries to wrap its objectives in the mantle of justice, but the sole objective of government has become more government.
UPDATE:
Statement on “Guccifer” Rumors
Marcel Lehel Lazar, a federal inmate also known as Guccifer, is at the William G. Truesdale Adult Detention Center in Alexandria, Va. He is alive and has never been missing from this facility.
Sheriff Dana Lawhorne
July 6, 2016
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Christian Times Newspaper has learned that Guccifer, the Romanian hacker currently being held on charges for hacking Hillary Clinton’s personal email server, has been found in his Virginia jail cell, dead of an apparent suicide.
Guccifer, also known as Marcel Lazar Lehel, was extradited to the United States to face charges after openly admitting to repeatedly hacking Hillary Clinton’s email server. This claim occurred in the midst of an FBI probe that was concluded this morning by Director Comey.
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As with all Clinton scandals, the end is the same: dead men tell no tales.
David DeGerolamo
A “microaggression tool” published by North Carolina State University’s faculty ombuds informs the school’s employees that phrases such as “America is a land of opportunity” or “I believe the most qualified person should get the job,” are “microaggressions” and shouldn’t be used.
The tool was published last month by NC State faculty ombuds Roy Baroff. In an accompanying blog post on June 29, Baroff — who did not return a request for comment — said the topic of microaggressions “is important as we seek to build a more collegial environment and based on the concerns that faculty members bring to the NC State Faculty Ombuds Office.”
The tool defines microaggressions as “the everyday verbal, nonverbal, and environmental slights, snubs, or insults, whether intentional or unintentional, that communicate hostile, derogatory, or negative messages to target people based solely upon their marginalized group membership.”
The tool provides several examples of microaggressions.
…
“America is the land of opportunity,” is another microaggression that perpetuates the “myth of meritocracy,” as is the phrase, “Everyone can succeed in this society, if they work hard enough.”
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I believe that the professors actually believe the above statements. I wonder what they would think if they had to earn their salaries in a free market workplace.
David DeGerolamo
