Democrats set sights on taking down the Stock Market just as they did in 1992 and 2008
Fascinating @Dennis3450 - what mechanism would they use to do that ? direct intervention or just âtalking it downâ with Propaganda ?
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Propaganda seems to be their new weapon of mass destruction as they own 90% of the media plus Facebook, Twitter and YouTube. Things donât need to be bad, you just have to convince enough people that their life is sh-t and it is all the Orange Manâs fault
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Link, as requested:
http://www.ronpaulinstitute.org/archives/featured-articles/2019/september/30/impeachment-or-cia-coup/
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Campaign 2020
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Trying to reason with a donkey
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This article by James Rickards landed in my email inbox yesterday. I read Jimâs commentaries with great interest, and place a lot of credence in his opinions.
Jim Rickards
Portsmouth, New Hampshire
October 14, 2019
Dear Reader,
As we all know, impeachment talk is dominating the news. Thatâs too bad, because thereâs no shortage of other critical news from Syria to Iran and Hong Kong.
I donât consider Fridayâs âtrade dealâ critical news because it didnât really accomplish much of anything and no progress was made on the key issues.
But that aside, this is the bitterly partisan world we live in so weâll just have to get used to it.
The Democrats seem to have gone through what physicists call a âphase transition.â This is what happens when water turns to steam or a snowpack becomes an avalanche. The particles are the same, but the system dynamics have radically changed.
The House of Representatives has wanted to impeach Trump since before he was sworn in, but they couldnât pin down a set of charges.
Now the phone call between Trump and the Ukrainian president has radically changed the dynamics and impeachment seems inevitable.
A Matter of Interpretation
Democrats say the call was an invitation to a foreign power to intervene in the 2020 election by targeting Joe Biden.
Staunch Republicans say the call was friendly and pointed to 2016 bad acts and that there was no quid pro quo. They and right-wing advocates have supported Trump against the impeachment threat and criticized Democrats for trying to remove a president from office based on a nothingburger conversation.
Take your pick.
Thereâs no point in reciting the pros and cons. And youâre free to support whichever side you want.
The point is thereâs no middle ground. Both sides have their narratives and never the twain shall meet. All that matters now is politics and votes.
The Democratic impeachment momentum is unstoppable and the 218 votes needed to impeach are rapidly falling into line. Expect an acrimonious six weeks and impeachment before Thanksgiving.
What happens then?
No Chance of Senate Conviction
The articles of impeachment go to the Senate for a trial. Republicans have 53 votes in the Senate. It takes 67 votes to remove a president from office. If all 45 Democrats and two independents vote to remove, it will still take 20 Republican defectors to remove Trump.
That wonât happen, not even close. In fact, Senate Majority Leader Mitch McConnell and Judiciary Committee Chair Lindsey Graham have said the âwhistleblowersâ will have to testify publicly and Hunter and Joe Biden could be called as witnesses.
The entire trial may be wrapped up in a matter of days and finished before Christmas. Trump will have the last laugh. But it will be a rocky ride between here and there.
That view comes as no surprise.
What is surprising is when distinguished law professors from preeminent liberal institutions say the same thing.
Leading Law Professor Says Impeachment Damages Democrats
Eric Posner is a professor of law at the University of Chicago Law School (where Obama once taught) and the son of Richard Posner, a legendary federal court judge.
Heâs a prolific legal writer and the author of 12 books and hundreds of peer-reviewed legal articles. He is the fourth-most-cited legal scholar in the United States.
In short, Posnerâs a distinguished scholar and no partisan hack. Yet his view of impeachment is that the Democrats are falling into what he calls âthe impeachment trap.â
Posner says that the Democrats are wasting their time because the Senate will certainly vote to acquit President Trump and his popularity is likely to soar in the aftermath.
Posner says, âImpeachment has its own narrative logic: Once the Democrats initiate it, they either win or lose. If they lose, they will be seen as losers who wasted public resources for a futile goal.â
Posner also asks why Democrats would even pursue impeachment if they will lose in the end and if Trumpâs popularity is likely to increase.
The answer is that many Democratic members of Congress fear primary challenges from the ultra-progressive left if they do not vote for impeachment.
In other words, moderate Democrats are being driven to immoderate actions by extremists in their own party even if the process helps Trump. Welcome to the looking-glass world of 21st-century politics.
Your politics are your own business and Iâm not trying to influence what anyone believes or how they vote. Iâm just calling it as I see it.
But letâs assume Trump survives impeachment.
The presidential election is a year away. Which way are the American people leaning right now?
Independents Trending Toward Trump
I follow political polls, but only after Iâve deconstructed the polling methodology and recalibrated the polls based on my best estimate of what they really say. Let me explain.
Polls are valuable in theory but flawed in practice. The flaws include oversampling voters of one party relative to their actual percentage in the electorate, oversampling minority groups with a disproportionate tendency to vote for one party over another, sampling âall votersâ or âregistered votersâ instead of âlikely votersâ and other techniques that skew results to one party or another.
For example, Democrats have an edge over Republicans in registered voters.
That edge (ignoring independents for this purpose) is about 54% to 46%. But pollsters survey a sample of 58% Democrats to 42% Republicans. Within the Democratic oversample, thereâs another oversample of minorities with a 90% track record of voting Democratic.
That skew undersamples white Democrats who might vote Republican. There are many other examples, but you get the point.
The good news is that when you study the methodology and reverse-engineer the poll, you can come up with useful results for purposes of forecasting.
A new Investorâs Business Daily poll exhibits some of these flaws (it polls âadultsâ rather than registered voters), but it still has its uses when adjustments are made.
Trump does much better in this poll than many others. In a direct matchup with Elizabeth Warren, 49% of independents backed Trump, while 43% supported Warren.
Whatâs important analytically is not the spread but the trend. Voters are moving in Trumpâs direction despite impeachment efforts.
Even a flawed poll has its uses if you put it in a time series of similar polls. Trump needs all the good news he can get these days, and this poll is one ray of hope.
Regards,
Jim Rickards
for The Daily Reckoning
9 Jailed for 9-13 years for organising a referendum in Catalonia - Protestors out on the streets !
Do watch for a few minutes - theyâre settinâ fire to all sorts of stuff.
All they want to do is âLEAVEâ !
Useless Spanish government couldnât even prevent an illegal referendum. With months of notice. Whatever they do next will be just as clueless.
Iâm not sure how you actually CAN make a vote illegal ! Surely if people want to vote - then stopping them by force is either Fascist or Marxist ?
and putting those who organised it into Prison for decades is something to be objected to ?
It was known in advance that it was planned by the Catalan government - they couldnât hold a secret referendum after all. Also that it was illegal. There was serious trouble at the time and now that justice has caught up with the organisers thereâs serious trouble again. Perhaps even deeper resentment now, it remains to be seen.
Maybe Madrid wanted the referendum to be held just so they could come down hard on the organisers. But that seems very repressive which in other such scenarios has been counter-productive.
Yes I remember that âSpainâ refused permission to hold a referendum and sent government forces in to disrupt it whilst it was going on. However my point remains - How can it be illegal for people to vote ?
If it were then how can people do âPetitionsâ ?
Iâm not sure you can use the word âJusticeâ and to say that it has âcaught upâ again is difficult to see as a reasonable position.
I know they also elected 3 MEPs who were refused admittance to the European Parliament as well.
9-13 years imprisonment for organiing an unofficial vote seems just plain WRONG to me !
Just imagine if we put all the SNP MPs in prison for wanting independence ! - Well that seems to be what the Spanish are doing effectively !
Well it wasnât just an advisory vote or an opinion poll, it was a referendum on independence from Spain. Even an advisory opinion poll could be considered illegal I guess if its intent was to undermine the state or if public funds were used to organise it without legal support.
So the issue is what the heck does Madrid think theyâre doing? They admitted to loss of control of their own country when some guys in Barcelona said they were going to break the Spanish law and they just allowed them to go ahead and break it.
Maybe they were afraid to come down hard in advance of the referendum in case that whipped up support from the Catalan population. In which case, why are they now not afraid to come down hard on the organisers?
I donât think Madrid has a rational policy, or the means or the will to carry it out, all of which is deplorable and so maybe the Catalans have a point - it might be better to be out of a country that canât govern itself.
But the EU should not encourage the dissolution of its member states so Catalonia should never get into the EU, even if it seceded from Spain.
â Course, its a different matter with the UK because we wonât be members when Scotland secedes and applies to join the EU. The EU wonât be obligated to us in this way.
An upside is that if Madrid canât govern Barcelona, theyâll probably back off from trying to govern Gibraltar. Happy with that.
Tulsi Gabbard should be a Republican.
Sheâs much too bright to be in the Dummocrat Party.
From The Hill â Tulsi comes out swinging
From the AP â Tulsiâs push-back resonates with Iowa voters
From Fox News â Tulsi spells it out for Tucker Carlson
If youâre an American, fly your flag today. â Today is a great day for America.
Trump says Islamic State leader Abu Bakr al-Baghdadi
blew himself up as U.S. troops closed in
Good riddance to a real monster.
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I hope all the people involved got out alright.
No reports of US casualties, 3 children reported killed by the suicide bomb.
Iraq intelligence claiming a role, Kurdish intelligence apparently very much involved.
From RTE:
Mr Trump also said that he wanted to thank Russia, Syria, Turkey, Iraq and the Kurds for their support in the raid, although he said they were not made aware of the target of the operation.
The only negative response reported by RTE thus far:
âThe defence ministry does not have reliable information about the actions of the US army in the Idlib âde-escalationâ zone⌠concerning the umpteenth âdeathââ of Baghdadi, the Russian defence ministry said in a statement.
Edit: the professionalism of the US soldiers and indeed all those involved in this operation is very special, itâs not just Americans that they protect, itâs all of us.
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