TRUMPISMS: The establishment has trillions of dollars at stake in this election. Those who control the levers of power in Washington and the global special interests they partner with, don’t have your good in mind. The political establishment that is trying to stop us is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry.
“It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities. The only thing that can stop this corrupt machine is you. The only force strong enough to save our country is us. The only people brave enough to vote out this corrupt establishment is you, the American people.”
1--Hope springs eternal--Displaced Syrians Eagerly Return to Aleppo, Hopeful Fighting Is Over
Army Clears Rubble, as Much of the City Remains in Ruins
2--The Corporate Media suffers another humiliating defeat; Just 6 percent of people say they have a great deal of confidence in the press
Confidence in the press is low, and the least confident Americans are the most likely to value balance and transparency
Public confidence in the press by many measures is low. In this survey, for instance, 6 percent of people say they have a great deal of confidence in the press, 52 percent say they have only some confidence, and 41 percent say they hardly any confidence. These findings are similar to the results of other recent studies. For example, a September 2015 Gallup survey found 7 percent of Americans have a great deal of trust and confidence in the mass media, 33 percent have a fair amount, and 60 percent have either not very much or none at all....
Perceived bias and inaccuracies have made many Americans wary of some news sources
A new understanding: What makes people trust and rely on news
This research was conducted by the Media Insight Project — an initiative of the American Press Institute and the Associated Press-NORC Center for Public Affairs Research
3--Hardly Anyone Trusts The Media Anymore --People value accuracy, timeliness and clarity above all else
Only 6 percent of people say they have a great deal of confidence in the press, about the same level of trust Americans have in Congress, according to a new survey released on Sunday....
4--Syria, Russia and American Desperation, Margaret Kimberley
The Syrian government is determined to take back its country and the Americans and their allies are equally determined to thwart it. The recent successes of the Syrian army explain part of the desperation coming from Obama, the Democratic Party and corporate media. Blaming Russia kills several birds with one stone. It continues the propaganda war against a country that will not knuckle under and accept American hegemony. The hyper Russophobia was also an attempt to make the unpalatable and incompetent Hillary Clinton more appealing. And its continuation is being used by Democrats and Republicans to stop the incoming president from having any chance to improve relations with that country or curtail the regime change doctrine. The war party never sleeps
5--Poll Finds More Americans Now View Donald Trump Positively -- Measure rises to 41% from 29% in October; latest survey also finds nation more divided than usual after a presidential election
Mr. Trump, who had been the most unpopular presidential candidate in modern political history, is now viewed positively by 41% of voters, up from 29% in mid-October and higher than at any point in the campaign. The poll also found a marked upswing in optimism about the economy and the direction of the country....
But there was a big disparity between the parties’ postelection moods: 75% of Democrats saw the country on the wrong track, compared with 37% of Republicans...
The poll found that the year as a whole has been a troubling one for many Americans. More than half of Americans—55%—said 2016 was one of the worst years ever or was below average, while just 15% said it was one of the best or above average.
Something is not making sense. During the debates, Trump declared on more than one occasion the stock market was in a bubble. It is now 2,000 points higher and he is proclaiming its advancement as an endorsement of his plan to drastically cut taxes, spend trillions, and Make America Great Again. The financial media, which despised Trump six weeks ago, is now peddling an economic recovery, soaring future corporate profits, and a stock market poised to blast through 20,000 to higher and higher all-time highs. I think that would swell, but let’s examine a few facts before putting our life savings in Twitter and Fakebook stock...
No matter how long Obama’s nose grows trying to convince the ignorant masses he has presided over the best economy in decades, inconvenient facts keep getting in the way. When real median household income is lower than it was in 2000, and not materially higher than it was in 1989, you might have economic stagnation. When you take into consideration the systematic under-reporting of inflation over this time frame, the real numbers are far worse than those portrayed in the chart....
Obama hoots about all the jobs added during his reign of error but fails to mention that 94% of all jobs added since 2004 were either temporary or independent contractor jobs. Low-wage, part-time, no benefits, Obama jobs don’t pay the bills. That’s why a record number of Americans have to work multiple jobs to survive.
The narrative about an improving economy, thriving jobs market, and glorious future is bullshit. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths. The willfully ignorant public doesn’t want to know the truth because that would require critical thinking and making tough choices.
Of course all that official hard-line balderdash -- claiming that the US never armed al Qaeda and ISIS -- is always out there floating around somewhere. But, sorry, guys. It ain't necessarily so.
https://consortiumnews.com/2016/09/23/how-us-propaganda-plays-in-syrian-war/ According to Global Research, "The respected military journal Jane’s Defence Weekly in its article 'US arms shipment to Syrian rebels detailed' stated that the US supplies the 'Syrian opposition' [aka ISIS] with weapons and ammunition from Eastern Europe, and noted that these facts were almost officially recognized by the US Senate." Make no mistake. There are no "moderate rebels" in Syria, only al Qaeda and ISIS. And US taxpayers arm and fund them. http://www.globalresearch.ca/aleppo-starts-uncovering-washingtons-support-of-isis-and-al-qaeda/5563136
And here's a few more exposed lies discovered by a Syrian friend of mine too:
"Day after day, they are discovering piles and piles of food, heating gasoline, medical equipment, and weapons in east Aleppo that are enough for hundreds of thousands to stay alive for years, all of it coming from Turkey, Qatar, the US, and Saudi. Yet, they were stocking them and leave the civilians to starve, to keep the lies on the Syrian government and blame it for all the starving of the people.
"These piles of wheat might be enough to feed all Syria! https://www.youtube.com/watch?v=ZUxczfWJTX0 And this is a short clip from Reuters, however I didn't find the original source. https://www.youtube.com/watch?v=VZuLmHC_jlo"
8--Editor driven news--The bigger shock came on being told, at least twice, by NY Times editors who were describing the paper’s daily Page One meeting: “We set the agenda for the country in that room.”
While the bump in rates has been fastened to the recent election of Donald Trump, due to hopes of a deficit expansion program (read: more debt) and infrastructure spending which should foster economic growth and inflation, it doesn’t explain the global selling of U.S. Treasuries.
For that answer, we only need to look at one country – China.It is important to understand that foreign countries “sanitize” transactions with the U.S. by buying treasuries to keep currency exchange rates stable. As of late, China has been dumping U.S Treasuries and converting the proceeds back into yuan in an attempt to stop the current decline. The stronger dollar and weaker yuan increase the costs of imports into China from the U.S. which negatively impacts their economy. This relationship between the currency exchange rate and U.S. Treasuries is shown below. (The exchange rate is inverted for illustrative purposes.)
the selling of Treasuries by China has been the primary culprit in the spike in interest rates in recent months and is likely quickly
approaching its nadir. As I will discuss in a moment with respect to the trade deficit, there is little evidence of a sustainable rise in inflationary pressures. The current push has come from a temporary restocking cycle following a very weak first half of the year economically speaking, and pressures from higher oil, health care and rental prices.
We already live in the most unjust and unequal economy in modern American history. A new report from Deutsche Bank shows that the top 0.1 percent of Americans now holds as much wealth as the bottom 90 percent. In other words, if the United States were 1,000 people in a room, just one of them would be as wealthy as 900 of the others.
That particular statistic hasn’t been this bad since the 1930s.
Trump’s administration is already the wealthiest in history. Its members are heavily drawn from the tiny group of 16,000 people in this country who own as much wealth as 80 percent of the population — some 256,000,000 Americans. His cabinet picks include two confirmed billionaires (so far – he’s not done yet). They come from an even more elite group: the 536 Americans whose combined wealth exceeds $2.6 trillion.
For context, the median wealth of an American adult is roughly $34,316....
Goldman Sachs Bait-and-Switch
Here’s Trump last February, speaking about his primary opponent Ted Cruz:
“I know the guys at Goldman Sachs. They have total, total control over (Cruz). Just like they have total control over Hillary Clinton.”
Here’s a Trump campaign ad showing images of Goldman Sachs CEO Lloyd Blankfein, as the narrator speaks of
“a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities.”
$1 trillion and $100 billion a year over ten years, Trump’s campaign proposal, might have some effect on US GDP. But GDP growth does not necessarily mean benefits in income to all—as the last eight years has clearly shown as 97% of all GDP-income gains under Obama have gone to the wealthiest 1% households. Nor will infrastructure spending likely translate much into job creation—and could especially result in little positive impact on jobs if infrastructure spending is composed mostly of tax cuts, business subsidies, and high capital-intensive projects that may take years to realize....
Trump has proposed to cut corporate taxes even more than the Ryan-Republican Party faction in Congress. From the current 35% corporate rate, Trump proposed reducing it to 15% while Ryan and friends to 20%. Both are in agreement to reduce the top income tax rate for their wealthy friends, from current 39.6% to 33%. The Capital gains tax, now 23.8%, is scheduled for a cut to 20% by Trump and 16.5% by Congress. Both Trump and Ryan plan to abolish the Estate Tax, reducing taxation on estates worth $7 million (now the threshold) altogether. Both are strong proponents of allowing big US multinational corporations in Tech, Pharma, Banking and others to ‘repatriate’ $2.5 trillion in taxes they have been hoarding in profits offshore to avoid paying the US 35% rate to a low of 10%. The 4.8% surtax on the wealthiest to help fund Obamacare will also certainly disappear. Also notable is that net taxes on the middle class will rise under both plans, and the countless loopholes for investors will continue.
It should be noted that this massive tax cut package amounts to $4.3 trillion, according to Trump. But according to the Tax Policy Center research group, it will reduce federal revenues by $6.2 trillion. The wealthiest 1% would realize a 13.5% cut in their taxes, while the rest of all households would have a 4.1 % rise in their taxes.
This $4.3 or $6.2 trillion follows a $5 trillion tax cut agreed to by Obama, Democrats and Republicans in Congress that took place in early 2013 as part of the then phony ‘fiscal cliff’ crisis. That followed a $800 billion tax cut pushed by Obama at the end of 2010, in which Obama continued the previous Bush tax cuts for another two years and then some. That followed a preceding $300 billion tax cut in Obama’s 2009 initial recovery program. And all that came after George W. Bush’s estimated $3.4 trillion in tax cuts in 2001-04, 80% of which accrued the wealthiest households and businesses. So under Bush-Obama, taxes for the rich and their corporations totaled approximately $9.5 trillion, and now Trump-Ryan propose another $4.3 trillion minimum.
The US elite, in Congress and beyond, will tolerate much of this deregulation, as well as a significant assault on immigration, law and order, policy repression of ethnic communities, deportations, limits on civil liberties, cuts in social programs, and privatization proposals across the board involving education, Medicare, and healthcare. Their priority is passage of policy in the areas of tax cuts, deregulation, and delaying any potential actions that might endanger existing free trade agreements...
What started as a hope of a resurrected left populism quickly and progressively decayed into a comprehensive program that delivered 97% of all income gains to the wealthiest 1% households.
Voters chose a black president in 2008 because they wanted change. They didn’t care about his race. They didn’t get it. In 2016 they now voted again—for change. Those voters did not become racist in the past eight years, even though the candidate they just voted for indicated in many ways he himself was racist and misogynist, to name but a few of his apparent character faults. Those voters who in 2008 chose a ‘left populism’ that turned out to be false, chose in 2016 a ‘right populism’. But what they will get is not populism but another disappointment...
Like the Obama regime, the Trump regime will retreat to a neoliberal US elite regime. It will be a ‘Neoliberalism 2.0’. An evolved new form of Neoliberalism based on the continuation of pro-investor, pro-corporate, pro-wealthy elite economic policies—with an overlay of even more repressive social policies involving immigration, law and order, privatizations, cuts in social programs, more police repressions of ethnic communities, environmental retreat, limits on civil liberties, more insecurity and more fear. This is the new form of Neoliberalism, necessary to continue its economic dimensions by intensifying its forms of social repression and control.
is yellen trying to crash the market for Trump