Mainstream Media Paint Power-Grabbing Saudi Dictator As Roguish, Visionary ‘Reformer’

Two weeks ago, Saudi Crown Prince Mohammed bin Salman carried out a brutal crackdown on his political opponents, arresting dozens of high-ranking relatives, kidnapping the prime minister of Lebanon, and seeing eight of his political rivals die in a convenient helicopter crash. The ‘consolidation of power’ by the de facto Saudi ruler comes as his government ramps up its siege of Yemen and gets even closer to its US sponsor, thanks to Trump’s dopey love affair with – and direct assistance of – the regime.
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The cynical plan has been met, in some media quarters, with condemnation, but for many in the Western press, Mohammed’s self-serving power grab is the action of a bold ‘reformer,’ a roguish bad boy doing the messy but essential work of ‘reforming’ the kingdom – the ‘anti-corruption’ pretext of the purge largely repeated without qualification.

This post was published at Zero Hedge on Nov 21, 2017.

Why Is The DOJ Downplaying Reports Of Proof Linking Obama And Clinton To Russian Corruption

Following the release of the identity of the FBI informant, Justice Department officials in recent days said that informant William Campbell’s prior work won’t shed much light on the U. S. government’s controversial decision in 2010 to approve Russia’s purchase of the Uranium One mining company and its substantial U. S. assets.
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However, The Hill’s John Solomon has reviewed 1000s of new memos from an FBI informant that clearly show illegal activity surrounding a Russian plot to corner the American uranium market, ranging from corruption inside a U. S. nuclear transport company to Obama administration approvals that let Moscow buy and sell more atomic fuels.

This post was published at Zero Hedge on Nov 21, 2017.

AFTER ADMITTING TO SECRETLY EXPERIMENTING ON TROOPS, ARMY REFUSING TO PROVIDE THEM MEDICAL CARE

In a testament to how the US government views its military service men and women, for decades, troops were used as experimental test subjects and doused with chemicals, injected with drugs, and otherwise treated like human guinea pigs – leading to a slew of negative health effects. When these troops simply tried to get care for the onslaught of medical problems brought on by these experiments the government told them to kick rocks.
For decades, the military flat out denied medical care to those it injured through these unethical experiments. After being poked, prodded, and force-fed with everything from lethal nerve gases like VX and sarin to incapacitating agents like BZ, and given drugs like barbiturates, tranquilizers, narcotics and hallucinogens like LSD, soldiers were told that is what they signed up for and were offered no care after their end of active service.
After being told they were crazy for years, the Army finally declassified the details of these experiments. However, veterans were still denied care. In 2009, thousands of veterans – Vietnam Veterans of America and other plaintiffs who wanted to know which chemical agents they had been exposed to – filed a class action lawsuit against the Central Intelligence Agency, et al., for the experiments. It took seven years for a court to finally rule in the plaintiffs’ favor.

This post was published at The Daily Sheeple on NOVEMBER 17, 2017.

FBI Informant Has Video Of Russian Agents With Briefcases Of Bribe Money In Clinton-Uranium Scandal

An undercover FBI informant in the Russian nuclear industry who was made to sign an ‘illegal NDA’ by former AG Loretta Lynch, claims to have video evidence showing Russian agents with briefcases full of bribe money related to the controversial Uranium One deal – according to The Hill investigative journalist John Solomon and Circa’s Sara Carter.
The informant, whose identity was revealed by Reuters as William D. Campbell, will testify before congress next week after the NDA which carried the threat of prison time was lifted. Campbell, originally misidentifed by Reuters as a lobbyist is actually a nuclear industry consultant who is currently battling cancer.
As previously reported, Campbell was deeply embedded in the Russian nuclear industry where he gathered extensive evidence of a racketeering scheme involving bribes and kickbacks.
‘The Russians were compromising American contractors in the nuclear industry with kickbacks and extortion threats, all of which raised legitimate national security concerns. And none of that evidence got aired before the Obama administration made those decisions,’ a person who worked on the case told The Hill, speaking on condition of anonymity for fear of retribution by U. S. or Russian officials. -The Hill


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

Saudi ‘Corruption’ Probe Widens: Dozens Of Military Officials Arrested

After jailing dozens of members of the royal family, and extorting numerous prominent businessmen, 32-year-old Saudi prince Mohammed bin Salman has widened his so-called ‘corruption’ probe further still.
The Wall Street Journal reports that at least two dozen military officers, including multiple commanders, recently have been rounded up in connection to the Saudi government’s sweeping corruption investigation, according to two senior advisers to the Saudi government.
Additionally, several prominent businessmen also were taken in by Saudi authorities in recent days.
A number of businessmen including Loai Nasser, Mansour al-Balawi, Zuhair Fayez and Abdulrahman Fakieh also were rounded up in recent days, the people said.
Attempts to reach the businessmen or their associates were unsuccessful.
It isn’t clear if those people are all accused of wrongdoing, or whether some of them have been called in as witnesses. But their detainment signals an intensifying high-stakes campaign spearheaded by Saudi Arabia’s 32-year-old crown prince, Mohammed bin Salman.
There appear to be three scenarios behind MbS’ decision to go after the military:

This post was published at Zero Hedge on Nov 17, 2017.

Zimbabwe: Reports That All Ten Branches Of Mugabe’s Zanu PF Party Passed No Confidence Votes

NewsDay, the privately-owned Zimbabwe newspaper, is reporting that all the provincial branches of President Mugabe’s party have passed votes of no confidence in his leadership.
In a dramatic twist of events, all the ten Zanu PF provinces have passed a vote of no confidence on President Robert Mugabe, and declared the 93 year-old leader – who has been in office for 37 years – too old and incapacitated to lead both Zanu PF and government. The move, which comes at the height of a drama-filled week that saw the military taking control of the country, is a huge knock on the veteran’s leader’s prospects of retaining his presidency for much longer.
It’s not clear where NewsDay got this information, although other sources are saying the central committee of Zanu PF could meet as early as Sunday to decide on Mugabe’s fate. In the meantime, Mugabe is reported to have resisted pressure to step down in negotiations with the Zimbabwe military and could face impeachment. The possibility of impeachment is being discussed by Zimbabwe politicians who are loyal to Mugabe’s former deputy, Emmerson Mnangagwa, whose dismissal precipitated the crisis.
The grounds for impeachment might include the wealth accumulated by the Mugabe family, corruption amongst his wife’s allies and the collapse of the Zimbabwe economy (now half the size it was in 2000). According to Bloomberg.

This post was published at Zero Hedge on Nov 17, 2017.

Next-Generation Crazy: The Fed Plans For The Coming Recession

Insanity, like criminality, usually starts small and expands with time. In the Fed’s case, the process began in the 1990s with a series of (in retrospect) relatively minor problems running from Mexico’s currency crisis thorough Russia’s bond default, the Asian Contagion financial crisis, the Long Term Capital Management collapse and finally the Y2K computer bug.
With the exception of Y2K – which turned out to be a total non-event – these mini-crises were threats primarily to the big banks that had unwisely lent money to entities that then flushed it away. But instead of recognizing that this kind of non-fatal failure is crucial to the proper functioning of a market economy, providing as it does a set of object lessons for everyone else on what not to do, the Fed chose to protect the big banks from the consequences of their mistakes. It cut interest rates dramatically and/or acquiesced in federal bailouts that converted well-deserved big-bank losses into major profits.
The banks concluded from this that any level of risk is okay because they’ll keep the proceeds without having to worry about the associated risks.
At this point – let’s say late 1999 – the Fed is corrupt rather than crazy. But the world created by its corruption was about to push it into full-on delusion.
The amount of credit flowing into the system in the late 1990s converted the tech stock bull market of 1996 into the dot-com bubble of 1999, which burst spectacularly in 2000, causing a deep, chaotic recession.

This post was published at DollarCollapse on NOVEMBER 17, 2017.

“Economic Development” Is a Corporate Welfare Scheme

The Beacon Center, a libertarian think tank based in Nashville, has released a new film highlighting and describing the impact of corporate welfare in Tennessee. Starring University of Tennessee professor Glenn Reynolds, Rigged tells the story of small business owners in Memphis who were harmed by the massive tax breaks which the Shelby County government bestowed upon the furniture giant Ikea for opening a location in the Memphis area. The film has sparked a renewed focus on cronyism across the state.
Just recently, the four largest media firms in the state published the results of a ten month investigation into Tennessee’s subsidy and incentive programs. They found that the volunteer state’s corporate welfare programs amount to $2.5 billion annually. The Times Free Press reports that the Department of Economic and Community Development, whose raison d’tre is to dole out state privileges, has increased its spending by 80 percent since Bill Haslam became Governor.
The investigation also lamented the lack of oversight and accountability. The Times Free Press concludes that it is impossible to conclude if these corporate welfare programs have succeeded even on their own metric, creating jobs. Some officials didn’t even have records of the size of their handouts. However, one does not need to have numbers to prove that cronyism is inherently detrimental to an economy.

This post was published at Ludwig von Mises Institute on Nov 17, 2017.

The Big Money Grab Is ‘On’ As Middle America Collapses

The stock market rejoices the House passage of the tax ‘reform’ Bill as the Dow shot up 187 points and the S&P 500 spiked up 21. The Nasdaq soared 1.3%, retracing its 3-day decline in one day. The tax bill is nothing more than a massive redirect of money flow from the Treasury Department to Corporate America and billionaires. The middle class will not receive any tax relief from the Bill but it will shoulder the burden of the several trillion dollars extra in Treasury debt that will be required to finance the tax cuts for the wealthy. The tax ‘reform’ will have, at best, no effect on GDP. It will likely be detrimental to real economic output.
The Big Money Grab is ‘on’ at the highest levels of of Wall St., DC, Corporate America, the Judiciary and State/local Govt. These people are grabbing from a dying carcass as fast and greedily as possible. The elitists are operating free from any fear of the Rule of Law. That particular nuisance does not apply to ‘them’ – only to ‘us.’ They don’t even try to hide their grand scale theft anymore because the protocol in place to prevent them from doing this is now on their side. This is the section in Atlas Shrugged leading up to the big implosion.
‘When you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed.’ – Atlas Shrugged

This post was published at Investment Research Dynamics on November 16, 2017.

Identity of Secret Informant In FBI’s Clinton Probe Unveiled

More information about the Congressional probes into the Obama-era Uranium One deal leaked out Thursday when Reuters reported that Senate Republicans say their investigation into the Clinton’s role in approving the deal largely hinges on the testimony of a secret informant who was until recently the subject of a federal gag order.
But a month after Trump asked the DOJ to lift the gag order – a command that the DOJ promptly obeyed – the man has decided to speak out publicly for the first time in an interview with Reuters.
His name is Christopher Campbell, and was formerly a lobbyist for Tenex, the US-based arm of Rosatom, the Russian government’s nuclear agency.
At the time the Uranium One deal was approved, Campbell was a confidential source for the FBI in a Maryland bribery and kickback investigation that eventually led to the conviction of the head of the US unit of Rosatom, the Russian state-owned nuclear power company that received permission to buy Uranium One from a US strategic-resources panel, on bribery and corruption charges. Campbell was identified as an FBI informant by prosecutors in open court and by himself in a publicly available lawsuit he filed last year, but his identity as the informant was somehow not widely known, Reuters noted.

This post was published at Zero Hedge on Nov 16, 2017.

Saudi Arabia Offers Arrested Royals A Deal: Your Freedom For Lots Of Cash

As we noted shortly after the Crown Prince’s purge of potential rivals within Saudi Arabia’s sprawling ruling family, while the dozens of arrests were made under the pretext of an “anti-corruption crackdown”, Mohammed bin Salman’s ulterior motive was something else entirely: Replenishing the Kingdom’s depleted foreign reserves, which have been hammered for the past three years by low oil prices, with some estimating that the current purge could potentially bring in up to $800 billion in proceeds.
Furthermore, the geopolitical turmoil unleashed by the unprecedented crackdown helped push oil prices higher, creating an ancillary benefit for both the kingdom’s rulers and the upcoming IPO of Aramco.
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And, in the latest confirmation that the crackdown was all about cash, the Financial Times reports today that the Saudi government has offered the new occupants of the Riyadh Ritz-Carlton a way out…. and it’s going to cost them: In some cases, as much as 70% of their net worth.

This post was published at Zero Hedge on Nov 16, 2017.

Corruption In China Risks A Soviet-Style Collapse – Party’s Graft Buster

Yang Xiadou is the Party’s number two man in Xi Jinping’s crackdown on corruption in the Chinese Communist Party – although some have seen this, in part, as a convenient way for Xi to bolster his power base.
During the 19th Party Congress last month, Yang was asked about the anti-corruption drive and how to achieve a balance between human rights and party discipline. Yang replied that, having worked in the Tibet Autonomous Region for many years, human rights was an ‘interesting question’. He recounted a conversation he had with a US assistant secretary of state where he likened Abraham Lincoln freeing slaves in America to China’s actions in Tibet.
‘I said in the hearts of Chinese people, Lincoln is a hero, because he freed the slaves.
On this point the Chinese people and the American people have the same understanding – this is a human rights issue.
In turn, we freed the serfs in Tibet, how come American friends cannot understand this? From Lincoln’s perspective, he should have supported China’s overturning of the serfdom in Tibet.’

This post was published at Zero Hedge on Nov 15, 2017.

Trump’s Border Wall Is No Match For Mexican Drug-Shooting Bazooka

While everyone salivates over the board game, ‘Cards Against Humanity’s’ latest political stunt in buying a small piece of border land in attempt prevent President Trump from erecting his proposed Mexican wall, there is a greater crisis lurking that no wall will stop: a Mexican drug-shooting Bazooka.
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New evidence from Mexican daily El Universal suggests a wall would do very little to stem the flow of drugs across the border, as drug cartels have resorted to mobile vans using a tubular mechanism powdered by compressed-air to launch drugs and other illegal objects into the United States.

This post was published at Zero Hedge on Nov 15, 2017.

At Last – Clinton Foundation Gets Investigated

What goes around, comes around. The Washington Post has reported that the Department of Justice has instructed the US Attorney’s Office to investigate the controversial sale of a uranium group to Russia during the presidency of Barack Obama and the role of the Clinton Foundation. The Obama administration approved the deal in 2010 giving Moscow control of a much of the American uranium sources. It turns out that the FBI had gathered significant evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering to get the deal in the USA. According to a letter released on Monday, Justice Secretary Jeff Sessions instructed the prosecutors to consider, inter alia, the appointment of a special investigator and an extension of the investigation.

This post was published at Armstrong Economics on Nov 15, 2017.

Sessions Considers Appointing Special Counsel To Investigate Clintons

With Special Counsel Robert Mueller reportedly preparing to make another round of arrests in his probe into the Trump campaign’s efforts to ‘collude’ with Russia, House and Senate Republicans – not to mention President Donald Trump – will be thrilled to learn that Attorney General Jeff Sessions might soon appoint a second special counsel to investigate allegations of corruption and self-dealing involving several prominent Democrats and Obama-era officials, including Bill and Hillary Clinton.
According to the Washington Post, Attorney General Jeff Sessions is entertaining the idea of appointing a second special counsel to investigate alleged wrongdoing by the Clinton Foundation and the controversial sale of a uranium company to Russia. A letter obtained by WaPo shows Sessions directed senior federal prosecutors to explore at least some of these matters and report back to him and his top deputy, Rod Rosenstein, as to whether the DOJ should follow up with a full-blown investigation.
For months now, President Trump has encouraged Sessions to appoint a special prosecutor to investigate the Clintons. Those calls grew louder – and were joined by several senior Republicans in Congress – after it was revealed that the DNC and the Clinton campaign jointly financed the infamous ‘Trump dossier’ – which contained several salacious claims that the FBI reportedly used to justify launching the original investigation into collusion between the Trump camp and Russia back in July 2016.

This post was published at Zero Hedge on Nov 14, 2017.

RUSSIA CONSIDERS DESIGNATING CNN, VOICE OF AMERICA AS FOREIGN AGENTS

Editors Note: This is interesting when you consider the fact that ‘news’ outlets such as CNN seemingly do work for the globalist establishment which has no allegiance to any one country but absolutely does lobby against the betterment of various countries across the world.. Designating them as foreign agents would not be devoid of truth.
Russia is considering designating CNN, Voice of America and Radio Liberty as foreign agents, now that the U. S. has forced state-run RT to register as a foreign agent.
Russian officials said Friday that they’re thinking of making private and government-run American media entities register as foreign agents, which is exactly what Russia warned it would do if American authorities moved to censure RT, The New York Times reports. Such a move could prevent CNN and other U. S. state-owned media entities from operating or distributing content in certain areas.

This post was published at The Daily Sheeple on NOVEMBER 11, 2017.

The Saudi-Iran Brewing War

The turmoil in the Middle East has been instigated in part by fiscal mismanagement. When the money was rolling in with high oil prices, it was assumed, as always, that whatever trend is in motion will remain in motion. Consequently, the government expanded their spending assuming money would continue to flow in. When oil broke, the fiscal mismanagement has been exposed for all to see if they care to look.
Falling oil prices have decimated revenues and trade in the region. Security worries about terrorism, particularly in the US, have led to cuts in airline routes. Then there has also been a long-running diplomatic and trade impasse between Saudi Arabia and its allies on the one hand, and Qatar on the other. Now the good-old-days of easy money and rapid growth has led to concerns about over-capacity, waste, and corruption that nobody cared about when money flowed like oil.
We are witnessing the beginning of a Middle East War between the Suni and Shite where the latter opposes kings and the state should be ruled by religious leaders. Iran and its Lebanese ally, the militant Shia group Hezbollah, claim the Saudis detained Mr. Saad El-Din Rafik Al-Hariri is a Lebanese-Saudi politician who has been the Prime Minister of Lebanon since December 2016. They allege that Saudi Arabia forced his resignation. Rex Tillerson said he had received assurances that Mr. Hariri was free to leave anytime.

This post was published at Armstrong Economics on Nov 12, 2017.

The End Of “The End Of History” – US Mid-East Policy’s Fork In The Road

Authored by Tom Luongo,
In 1989 Francis Fukayama declared that we had reached ‘The End of History.’ Democracy as a form of government would, in fact, be the end of the evolution of human interaction. The West had triumphed and that the rest was ‘just a chase scene,’ to borrow a phrase from Neal Stephenson’s brilliant dystopian novel ‘Snow Crash.’
But, this past week’s events in the Middle East tell me that autocracy has replaced democracy and the trans-national parliamentary system of the European Union that Fukayama championed in his 2007 article in The Guardian.
The EU no longer practices representative Democracy today. Diktats come down from unelected technocrats in Brussels. They are wholly-owned by stateless rent-seeking oligarchs (i.e. George Soros). Everyone in and around the EU is expected to obey or face tanks in the streets (Spain) or endless legal entanglements from captured international courts (Poland).
If you circumvent the rules, the EU will change them to suit its masters’ needs. Just look at any proposed Russian pipeline into Europe over the past five years.
In the U. S. we have been subjected to the worst form of operant conditioning by an unelected Deep State and its quisling media for a year. They created the mass delusion that President Donald Trump is a secret Russian agent.
The goal was to overturn a democratic election, which itself the people had to overcome systemic voter fraud to win.

This post was published at Zero Hedge on Nov 10, 2017.

Hedge Fund Homebuyers In The Hamptons Already Have A Plan To Game Trump’s Mortgage Cap

One of the key changes in the House GOP tax bill was to implement a cap on home interest deductions to the first $500,000 worth of mortgage debt and eliminate interest deductions from second homes. Of course, given active opposition from some very powerful realtor and homebuilder lobbying groups, it’s unclear whether the changes will find their way into the final tax bill. But, at least according to Bloomberg, New York’s “millionaire, billionaire, private jet owning” hedge fund managers aren’t waiting around to find out and are already taking steps to game any potential tax changes.
Out in the Hamptons, Wall Street’s favored beach resort on Long Island, brokers and buyers already have a workaround for a tax-plan provision under consideration in Congress that would take away the mortgage-interest deduction for second homes.
A client of Brown Harris Stevens broker Jessica von Hagn who works at a hedge fund decided to turn the vacation home he’s buying into an investment property by setting up a limited liability company. That will allow him to deduct the interest and earn rental income at the height of the season from the modern home on Bridgehampton’s Lumber Lane, with four bedrooms, three baths and a swimming pool on an acre of land.

This post was published at Zero Hedge on Nov 10, 2017.

Are Saudi Shenanigans a Prelude to a New Battle Front in the Middle East?

21st Century Wire says…
The Saudi generated cycle of insanity continues. Reports that are hard to confirm or deny are circulating on social media, spreading a degree of panic and reactionary responses from all concerned.
‘Events in Saudi Arabia are unfolding at a blinding pace, with a radical shift taking place within the upper echelons of government. Last weekend, King Salman announced the set-up of a special anti-corruption force that wasted no time in rounding up more than a dozen government officials – both former and current – five members of the royal family, and several businessmen. Since then, the list has been growing, to more than 60 as of today.’ ~ Oil Price – Kingdom of Fear
On fireworks night, Bahrain allegedly put out the following announcement:
BREAKING: #Bahrain calls its nationals not to travel to #Lebanon and Bahraini residents there to leave immediately. pic.twitter.com/g5yjMh8Zpa
— Al Arabiya English (@AlArabiya_Eng) November 5, 2017

This post was published at 21st Century Wire on NOVEMBER 10, 2017.