Saudi General Reportedly Tortured To Death After Refusing To Fork Over His Fortune

Rumors that Saudi Crown Prince Mohammad bin Salman has hired mercenaries to torture recalcitrant royals and officials sleeping in the ballroom of the Ritz Carlton in Riyadh have been circulating since shortly after last month’s ‘corruption crackdown’ naked cash grab.
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Now, Middle East Eye reports that one of MbS’s guests has reportedly died under torture rather than fork over his money and assets to his domineering relative. He was reportedly beaten and tortured so bad his family members had difficulty recognizing his body.
Major general Ali Alqahtani, who was detained in early November as part of an alleged anti-corruption drive, had been working in the royal guard forces.
He was the manager of the private office of Prince Turki Bin Abdullah, the son of former king Abdullah Bin Abdulaziz, according to the newspaper.
Alqahtani died on 12 December after being tortured with electric shocks, and his family struggled to recognise him after receiving his body, according to sources, the newspaper reported.

This post was published at Zero Hedge on Dec 23, 2017.

House Republicans Secretly Gathering Evidence To Launch Case Against DOJ and FBI: Report

According to Politico, a group of frustrated Republicans on the House Intelligence Committee led by Devin Nunes (R-CA) have been gathering in secret for several weeks to build a case against senior leaders of the Justice Department and the FBI for what they say is “improper” and perhaps criminal mishandling of the salacious and unproven 34-page Trump-Russia dossier, according to four sources familiar with their plans.
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A subset of the Republican members of the House intelligence committee, led by Chairman Devin Nunes of California, has been quietly working parallel to the committee’s high-profile inquiry into Russian meddling in the 2016 presidential election. […] The people familiar with Nunes’ plans said the goal is to highlight what some committee Republicans see as corruption and conspiracy in the upper ranks of federal law enforcement. The group hopes to release a report early next year detailing their concerns about the DOJ and FBI, and they might seek congressional votes to declassify elements of their evidence. –Politico
When pressed for details, Reps Mike Conway (R-TX) and Peter King (R-NY) were mum, with Conway telling POLITICO, “I don’t want talk about what we do behind closed doors.”

This post was published at Zero Hedge on Dec 22, 2017.

Peso Pounded Most Since Election As Corruption Probe Deepens

The Mexican peso has tumbled over 3% in the last 4 days, plunging to its weakest against the USDollar since March as the ongoing corruption investigation soured market sentiment.
As we detailed yesterday, a deepening graft investigation involving Alejandro Gutierrez, a former deputy of sitting President Enrique Pena Nieto could imperil his party’s chances in the coming July elections. An ongoing scandal could also bolster the prospects of leftist rival Andres Manuel Lopez Obrador.
“The news of this arrest scares investors,” said Jesus Lopez, a strategist at Banco Base in Monterrey, Mexico. “These days, the exchange rate is more sensitive because of low liquidity, and we already know that the peso is more vulnerable from the political side.”
And the pso is extending losses…

This post was published at Zero Hedge on Dec 22, 2017.

Ramaphosa Elected President Of ANC: South African Rand Soars 4%, Biggest Jump In 2 Years

Update 2: It’s all over, and the best case outcome is now fact, with Cyril Ramaphosa elected president of South Africa’s ruling African National Congress on Monday.
CYRIL RAMAPHOSA ELECTED PRESIDENT OF SOUTH AFRICA’S ANC RAMAPHOSA GETS 2440 VOTES IN S. AFRICA’S ANC LEADERSHIP VOTE Ramaphosa victory threatens President Jacob Zuma’s grip on power after the most divisive vote in the party’s history. Ramaphosa, the deputy president, defeated Nkosazana Dlamini-Zuma, Zuma’s former wife, whom the president had backed. As the FT notes, it is widely speculated that Mr Zuma lent Ms Dlamini-Zuma his support because he believed that as state president she would protect him from prosecution in a corruption case.
Meanwhile, Ramaphosa campaigned on a promise to root out corruption and save the ANC from losing its majority for the first time at the 2019 election.


This post was published at Zero Hedge on Dec 18, 2017.

America’s Decline And The Neglect Of Luther’s Principles Of Liberty

Authored by S. T. Karnick via Specator.org,
Freedom requires a sense of personal responsibility if it is to survive.
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With the nation’s news dominated by reports of political corruption (most recently, the Clintons’ apparent use of ‘pay to play’ schemes during Hillary Clinton’s tenure as U. S. secretary of state), sexual harassment scandals pandemic among the nation’s elites, extreme vulgarization of political speech and the common culture, riots against freedom of speech on the nation’s college campuses, paralyzing partisanship in Congress, death threats and open assassination attempts against government leaders and police officers, and the rest of the dismaying parade of moral shortcomings on display among the nation’s leaders in all walks of life, it appears that we are in the midst of a war not just between political and cultural factions, but over the very definition of our civilization.

This post was published at Zero Hedge on Dec 11, 2017.

Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin

Bulgaria’s GDP is about $52.4 billion (2016), so it is quite a shock that the Bulgarian Government is sitting on an approximate $3 billion worth of Bitcoins seized in an anti-corruption operation back in May.
Putting this into a little more glaring context, Bulgaria is holding 18% of the national debt in bitcoins…
Fun fact: today's bitcoin prices have been interesting enough that there was a significant difference in how much Bulgaria had in USD between me writing this story and my editor editing it.
— Nikhilesh De (@nikhileshde) December 7, 2017

This post was published at Zero Hedge on Dec 9, 2017.

What Went Wrong In Charlottesville: At All Levels, Government Is Still The Problem

Authored by John Whitehead via The Rutherford Institute,
Corruption. Graft. Intolerance. Greed. Incompetence. Ineptitude. Militarism. Lawlessness. Ignorance. Brutality. Deceit. Collusion. Corpulence. Bureaucracy. Immorality. Depravity. Censorship. Cruelty. Violence. Mediocrity. Tyranny.
These are the hallmarks of an institution that is rotten through and through.
We have been saddled with the wreckage of a government at all levels that no longer represents the citizenry, serves the citizenry, or is accountable to the citizenry.
It doesn’t matter whether you’re talking about the federal government, state governments, or local governing bodies: at all ends of the spectrum and every point in between, a shift has taken place.

This post was published at Zero Hedge on Dec 6, 2017.

FORMER REP. DAVID STOCKMAN ON FLYNN: FBI INTERVIEW WAS ‘BLATANT ENTRAPMENT’

David Stockman, former Michigan representative and Director of the Office of Management and Budget under President Reagan, destroyed the Russian collusion hoax with incredible clarity in his latest column on Tuesday.
From Antiwar.com, ‘The FBI’s Perjury Trap of the Century’:
If you were a Martian visitor just disembarked from of one of Elon Musk’s rocket ships and were therefore uninfected by earth-based fake news, the culprits in Washington’s witch-hunt de jure would be damn obvious.
They include John Brennan, Jim Comey, Sally Yates, Peter Strzok and a passel of deep state operatives – all of whom baldly abused their offices. After Brennan had concocted the whole Russian election meddling meme to sully the Donald’s shocking election win, the latter three holdovers – functioning as a political fifth column in the new Administration – set a perjury trap designed to snare Mike Flynn as a first step in relitigating and reversing the voters’ verdict.
The smoking gun on their guilt is so flamingly obvious that the ability of the Trump-hating media to ignore it is itself a wonder to behold.
After all, anyone fresh off Elon’s rocket ship would learn upon even cursory investigation of the matter that the National Security Agency (NSA) intercepts electronically every single communication of the Russian Ambassador with any person on US soil – whether by email, text or phone call.

This post was published at The Daily Sheeple on DECEMBER 6, 2017.

“Gnomes Of Zurich” In Panic As Saudi Corruption Crackdown Sparks Flood Of Money Laundering Inquiries

There are two divergent views on the crackdown on corruption by Saudi Arabia’s crown prince, Mohammed bin Salman (MBS), which led to the arrest and detention of 200 princes, ministers and former ministers.
On one hand, it was a masterstroke which will earn political capital with the Saudi people and catalyse an Arab Spring in which MBS is a modernizing reformer who will liberalise Islam.
On the other, it was nothing other than a cynical and desperate attempt to tighten his grip on power and weaken competing clans within the ruling family (especially sons of former King Abdullah) as the nation risks splitting apart due to political and economic fissures. Last week, we noted that former head of the National Guard and senior member of the Abdullah clan, Prince Miteb bin Abdullah, purchased his freedom for a cool $1 billion.
If you put yourself in the position of being a Saudi prince or wealthy Saudi official, whatever your opinion of MBS’s motivation, you would be forgiven for taking additional measures to make it harder for his henchmen to seize your wealth if you found yourself in the crosshairs.

This post was published at Zero Hedge on Dec 5, 2017.

Obama DOJ Didn’t Bother To Interview FBI Informant Before Filing Charges In Uranium One Scandal

Do you ever get the sense that with certain investigations, primarily those targeting conservatives, the FBI has a tendency to dot every ‘i’, cross every ‘t’ and pursue charges at all costs, no matter how minor, but with others (think Hillary’s email scandal) even the most glaring violations of federal law seem to go unpunished?
For example, compare and contrast the Flynn charges versus how the Hillary email investigation was conducted by the Comey-led FBI. On the one hand, Flynn held perfectly legal conversations with the Russian ambassador to the United States AFTER the U. S. presidential election, a common practice for presidential transition teams, yet for some inexplicable reason, probably having something to do with fears of being charged with a bogus ‘Logan Act’ violation in Mueller’s Russian collusion witch hunt, decided to lie about them during interviews with the FBI. As a result of his lies, Flynn has now plead guilty to two counts of false statements, has been ruined financially by mounting legal bills and could end up serving jail time.
On the other hand, compare that outcome to the Hillary email scandal where there is tangible evidence and first-hand testimony that Hillary and her team knowingly violated a Congressional subpoena by deleting 33,000 emails, habitually destroyed evidence with hammers so it could never be recovered and routinely compromised American national security interests by sending “Top Secret” communications via unsecured channels…something that Comey originally defined at “gross negligence” even though he later changed his language to “extreme carelessness” to assure that Hillary could never be pursued with criminal charges. So what were the punishments for all those federal crimes? Well, rather than pursue charges against Hillary and/or various members of her staff the FBI decided to “hand out immunity deals like candy.”
Now, in just the latest bit of evidence that the Justice department has been politically compromised, we learn from John Solomon of The Hill that the DOJ didn’t even bother to interview a key FBI informant before filing criminal charges in the Uranium One scandal back in 2014.
While he was Maryland’s chief federal prosecutor, Deputy Attorney General Rod Rosenstein’s office failed to interview the undercover informant in the FBI’s Russian nuclear bribery case before it filed criminal charges in the case in 2014, officials told The Hill. And the prosecutors did not let a grand jury hear from the paid informant before it handed up an indictment portraying him as a ‘victim’ of the Russian corruption scheme or fully review his extensive trove of documents until months later, the officials confirmed.

This post was published at Zero Hedge on Dec 4, 2017.

Transparency on Wall Street: SEC Chair Raises Weak Defenses

On November 8, the Securities and Exchange Commission (SEC) Chairman, Jay Clayton, delivered a speech at the Practising Law Institute’s 49thAnnual Institute on Securities Regulation. His focus was transparency on Wall Street and he had this nugget of wisdom to share with the audience:
‘Looking back at enforcement actions, a common theme emerges – where opacity exists, bad behavior tends to follow. As Joseph Pulitzer said: ‘There is not a crime, there is not a dodge, there is not a trick, there is not a swindle, there is not a vice which does not live by secrecy.’ The remainder of my remarks will concentrate on topics that have proven over time to be fertile ground for fraud on investors. The SEC may not yet have policy or rulemaking answers in these areas, but we are on the lookout for ways to fight the type of opacity that can create an environment conducive to misconduct.’
The SEC was created to police Wall Street under the Securities Exchange Act of 1934. The legislation came on the heels of the U. S. Senate holding three years of hearings that showed Wall Street to be a cesspool of opaque self dealing and collusion that had led to the 1929 stock market collapse and ensuing Great Depression. The SEC has now had 83 years to hone its investigative skills and techniques. And yet, it wore blinders in the runup to the epic Wall Street crash of 2007-2009, which was caused by the same type of corruption that was ferreted out by the U. S. Senate after the 1929 crash. Its blinders remain securely in place.

This post was published at Wall Street On Parade on December 4, 2017.

Kushner Is “Senior Official” Who Ordered Flynn To Contact Russia

When commenting on the Flynn plea deal with Mueller, we said that while hardly evidence of collusion between Trump and Russia, especially since all events took place after the election, the real question is who was the “senior member of the transition team” that instructed Flynn to call Russia. Now, according to Bloomberg’s Eli Lake we may have the answer: none other than Jared Kushner, who as Lake says, “could be one of the next dominoes to fall.”
According to the Bloomberg report, “one of Flynn’s lies to the FBI was when he said that he never asked Russia’s ambassador to Washington, Sergey Kislyak, to delay the vote for the U. N. Security Council resolution. The indictment released today from the office of special prosecutor Robert Mueller describes this lie: “On or about December 22, 2016, Flynn did not ask the Russian Ambassador to delay the vote on or defeat a pending United Nations Security Council resolution.” At the time, the U. N. Security Council resolution on Israeli settlements was a big deal. Even though the Obama administration had less than a month left in office, the president instructed his ambassador to the United Nations to abstain from a resolution, breaking a precedent that went back to 1980 when it came to one-sided anti-Israel resolutions at the U. N.
This was the context of Kushner’s instruction to Flynn last December. One transition official at the time said Kushner called Flynn to tell him he needed to get every foreign minister or ambassador from a country on the U. N. Security Council to delay or vote against the resolution. Much of this appeared to be coordinated also with Israeli prime minister Benjamin Netanyahu, whose envoys shared their own intelligence about the Obama administration’s lobbying efforts to get member stats to support the resolution with the Trump transition team. As Lake correctly notes, “for now it’s unclear what to make of all of this” especially since th most important part of a case is missing: motive.

This post was published at Zero Hedge on Dec 1, 2017.

Kushner Said To Have Ordered Flynn To Contact Russia

When commenting on the Flynn plea deal with Mueller, we said that while hardly evidence of collusion between Trump and Russia, especially since all events took place after the election, the real question is who was the “senior member of the transition team” that instructed Flynn to call Russia. Now, according to Bloomberg’s Eli Lake we may have the answer: none other than Jared Kushner, who as Lake says, “could be one of the next dominoes to fall.”
According to the Bloomberg report, “one of Flynn’s lies to the FBI was when he said that he never asked Russia’s ambassador to Washington, Sergey Kislyak, to delay the vote for the U. N. Security Council resolution. The indictment released today from the office of special prosecutor Robert Mueller describes this lie: “On or about December 22, 2016, Flynn did not ask the Russian Ambassador to delay the vote on or defeat a pending United Nations Security Council resolution.” At the time, the U. N. Security Council resolution on Israeli settlements was a big deal. Even though the Obama administration had less than a month left in office, the president instructed his ambassador to the United Nations to abstain from a resolution, breaking a precedent that went back to 1980 when it came to one-sided anti-Israel resolutions at the U. N.
This was the context of Kushner’s instruction to Flynn last December. One transition official at the time said Kushner called Flynn to tell him he needed to get every foreign minister or ambassador from a country on the U. N. Security Council to delay or vote against the resolution. Much of this appeared to be coordinated also with Israeli prime minister Benjamin Netanyahu, whose envoys shared their own intelligence about the Obama administration’s lobbying efforts to get member stats to support the resolution with the Trump transition team.

This post was published at Zero Hedge on Dec 1, 2017.

Venezuela Arrests Former Oil Minister And Ex-Head Of PDVSA

Hoy la Clase soberana Petrolera recibe al compaero @MQuevedoF quin asume el @MinPetroleoVE y @PDVSA para continuar el legado de nuestro Comandante Chvez pic.twitter.com/6BH7IsgehW
— Eulogio Del Pino (@delpinoeulogio) November 27, 2017

As OPEC is set to celebrate the extension of the cartel’s oil production cut for another year in Vienna, Venezuela former-oil minister and the former head of the now defaulted state energy company PDVSA have no reasons to celebrate following their overnight arrests in Venezuela.
Taking a page out of the Saudi “anti-corruption” playbook, Reuters reports citing two sources that Venezuelan authorities detained former Oil Minister Eulogio del Pino and former state oil company PDVSA president Nelson Martinez overnight as a part of a broad anti-corruption probe.

This post was published at Zero Hedge on Nov 30, 2017.

Detained Saudi Prince Buys His Freedom For $1 Billion

One day you were the billionaire head of the National Guard in one of the world’s most brutal dictatorships. Although that carries some risk, you were probably reassured by your position as a senior prince in the ruling family, never mind your strong ties to the US military… oh and of course the many zeros in your bank account. The next day, in a turn of events akin to Shakespearian drama, you were imprisoned (kind of) with ten of your fellow princes and a bunch of ministers and former ministers in a 5 star hotel on charges of money laundering, bribery and general corruption.
Despite being a cousin of the Kingdom’s uber-autocratic crown prince, Mohammed bin Salman (MBS), Prince Miteb bin Abdullah was a son of former King Abdullah and got caught up in a clan war in the ruling family. Former Riyadh governor and another of King Abdullah’s sons, Turki bin Abdullah, was also arrested in the crackdown.
Miteb was accused of conducting normal business practices in Saudi Arabia, such as embezzlement, hiring ‘ghost’ employees and awarding his own companies a $10 billion contract for walkie-talkies and bullet proof protection. However, after what must have been the worst three and a half weeks of his life in the Ritz Carlton ‘prison’, Miteb has purchased his freedom for a cool $1 billion.

This post was published at Zero Hedge on Nov 29, 2017.

How to gain permanent residency in Mexico without leaving home

As a world traveler and investor, I always try to find markets where there’s a huge difference between the ACTUAL risk and the PERCEIVED risk.
And this risk assessment applies not only to investing, but also to entire countries.
Mexico is a great example.
Sure, Mexico has some serious problems. Crime. Gangs. Drugs. Corruption. Tensions with the US over illegal immigration and American jobs.
But did you know that more Americans applied for residency in Mexico than vice versa over the past few years?
Do these Americans know something others don’t?
Maybe they know a foreign residency opens opportunities you otherwise wouldn’t have. A foreign residency gives you more options for work, business, investments, travel and living. It’s one part of a Plan B… in a location where you like spending time.
And residency in Mexico could be a solution for you.
Mexico’s story is more complex than what’s presented in the news. The country offers a lot more than its northern states where the drug war rages… and where the US media focuses all its attention.

This post was published at Sovereign Man on Simon Black, November 28, 2017.

Dictators Fall, but States Remain: Zimbabwe’s (Already) Missed Chance

Last week, the fall of Robert Mugabe’s regime made headlines across the world, and was greeted with relief and hope by international commentators as well as Zimbabweans. Overall, the general feeling was that of a new beginning, long awaited in a country that had been stuck for four decades under rampant inflation, corruption, and an oppressive rule. There seemed to be little doubt, given how the news was presented, that this is a pivotal and far-reaching transformation for this African nation.
And yet, if one looks closely, there are signs that, despite the current sense of hope in Zimbabwe, Mugabe’s removal will not bring the long awaited change. Mugabe “retired’ with immunity, a $US 10 million severance check, and a promise to be paid a salary for the rest of his life. He has now been succeeded by his vice-president, who lead the coup d’tat and capitalized on the year long public protests against his disputed predecessor. With the new president, the rule of the ZANU-Patriotic Front will continue, as will the party’s Marxist-Leninist ideology and its politburo.
How can one know that things won’t change? There are many similarities between the recent history of Zimbabwe and the not too distant history of socialist republics, like Romania, from the decades of oppression and poverty to the overwhelming hope of a new start following the revolution. But one important common aspect of the two regimes – Ceausescu’s and Mugabe’s – is that neither or them were actual autocracies, or ‘personal’ states. A forty year totalitarian rule is not a one-man feat, but must be necessarily supported by an entire state apparatus for which the dictator himself often becomes no more than a mouthpiece.

This post was published at Ludwig von Mises Institute on November 28, 2017.

AMERICA’S SECRET WEAPON IN THE OIL WAR

As Saudi Arabia spins from crisis to crisis, U. S. oil hasn’t missed a beat. It’s stronger and more resilient than ever – and it has nothing to do with OPEC oil production cuts.
In this war, U. S. oil wins, and the recent purge of billionaire princes in Saudi Arabia is icing on the cake.
But when Saudi Crown Prince Mohammad bin Salman arrested key members of the royal family on corruption charges two weeks ago all of them his rivals – oil shot up. West Texas Intermediate (WTI) spiked more than $2 a barrel, closing around $57 a barrel – a nearly two-year high.
OPEC cuts have done little to boost oil prices, and Royal Family arrests are welcome news for oil tycoons the world over, but it’s still not what’s kept the U. S. on the winning side in this war: Fracking bust the U. S. through the front line, and major advancements in enhanced oil recovery (EOR) are cementing the victory.

This post was published at The Daily Sheeple on NOVEMBER 27, 2017.