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[] David Hogg wants to build an America that 'provides for the common defense against gun violence' Published:1/22/2020 11:29:54 AM
[Entertainment] Look Back on Jessica Simpson's Most Candid Quotes: Addiction, Motherhood and More Jessica SimpsonJessica Simpson reveals in her upcoming memoir that she was sexually abused as a young girl and that years later she numbed her emotional pain with alcohol and pills. The 39-year-old...
Published:1/22/2020 11:29:54 AM
[Education] It’s Time for the Supreme Court to End Anti-Religious Prejudice in This School Choice Case

Anti-Catholic prejudice, which spread like gangrene in the 19th and 20th centuries, often manifested itself in so-called Blaine Amendments, which enabled government discrimination against religious... Read More

The post It’s Time for the Supreme Court to End Anti-Religious Prejudice in This School Choice Case appeared first on The Daily Signal.

Published:1/22/2020 11:29:54 AM
[Quick Takes] U. Mississippi Prof Running for Congress as a Democratic Socialist "Join us in fighting for a new leaf for Mississippi" Published:1/22/2020 11:29:54 AM
[Politics] Trump shows anxiety as arguments begin for Senate impeachment trial

House Democrats faced off against Trump's lawyers in his Senate impeachment trial, only the third in history for a president.

Published:1/22/2020 11:29:54 AM
[Markets] 5G and 2 More Reasons to Buy AT&T Stock Now Deutsche Bank’s Bryan Kroft initiated coverage of AT&T with a Buy rating on Wednesday, citing an attractive outlook for its core wireless business. Published:1/22/2020 11:29:54 AM
[worldNews] Macron berates Israeli security men in tussle at Jerusalem church "Go outside," French President Emmanuel Macron demanded in English in a melee with Israeli security men on Wednesday, demanding they leave a Jerusalem basilica that he visited before a Holocaust memorial conference.
Published:1/22/2020 11:29:53 AM
[Markets] Barron’s on MarketWatch: Trump says Fed mistake prevented Dow’s being 10K higher Barron’s on MarketWatch: Trump says Fed mistake prevented Dow’s being 10K higher Published:1/22/2020 11:29:53 AM
[TC] Bear Robotics, a company making robot waiters, just raised a $32 million round led by SoftBank Back in August, we flagged a filing for you that we’d found interesting, one for a now 2.5-year-old, 40-person Redwood City, Calif.,-based startup called Bear Robotics that’s been developing robots that deliver food to restaurant customers. The filing listed a $35.8 million target; Bear Robotics founder and CEO John Ha now tells us the final […] Published:1/22/2020 11:29:53 AM
[Markets] Tripoli's Only Commercial Airport Targeted By 6 Missiles After Berlin 'Ceasefire' Fails Tripoli's Only Commercial Airport Targeted By 6 Missiles After Berlin 'Ceasefire' Fails

So much for any "progress" or talk of ceasefire touted days ago at the Berlin conference, when world leaders gathered to try and broker Libya peace. Wednesday's Libya headlines featured rocket attacks on Tripoli's only functioning international airport, forcing a temporary shutdown of the entire commercial hub. 

Authorities at Tripoli’s Mitiga have said it's since reopened after being closed for an hour due to six military-grade Grad rockets being fired at the airport. A spokesman for the Government of National Accord (GNA) called the attack a "flagrant threat" air traffic safety and a "new violation" of the ceasefire. 

Tripoli’s Mitiga Airport, via AFP.

The GNA statement further blamed the "war criminal Haftar" for the attack, amid his Libyan National Army (LNA) continuing the months long offensive on the capital, part of a broader two-years long campaign to take the entire country and its oil. 

It has only been nine days since Mitiga airport's reopening following a truce with the LNA, which clearly didn't hold. In years past, Tripoli International Airport was the major international hub, but had in the years since the 2011 NATO war witnessed intense fighting in its vicinity, causing immense damage. Other than Mitiga, Tripoli residents are often forced to use Misrata Airport, about 125 miles away. 

Turkey has also weighed in on the newest attack and apparent failure the potentially internationally-brokered ceasefire, which also had Russian and Turkish involvement.  "Warlord Haftar, who posed a clear threat against the air traffic in the airport with this assault, has persistently disregarded the ceasefire call of the world," a top Turkish security official was quoted in Middle East Eye as saying. 

For its part, Haftar's LNA has alleged Tripoli's main aviation hub has become a legitimate military target given it's hosted Turkish aircraft, including according to pro-Haftar forces drone activity. 

Turkish-supplied drones have actually been operating over Tripoli for months, which a handful shot down over the past half-year. There are also reports that Turkey has assisted in setting up anti-air defensive measures in and around Mitiga airport.

Haftar last Saturday took the drastic step of blocking all Libyan oil exports, slashing production by at least 50%, in protest of Turkey's military intervention on behalf of Tripoli. 

Tyler Durden Wed, 01/22/2020 - 12:20
Published:1/22/2020 11:29:53 AM
[Markets] Economic Report: Share of union workers in the U.S. falls to a record low in 2019 The percentage of American workers in unions fell to a record low in 2019, extending a long slide that began in the 1970s.
Published:1/22/2020 11:29:53 AM
[Middle Column] Doomsday climate predictions: wrong then, wrong now

Geo-engineering: Ignoring the consequences

Published:1/22/2020 11:29:53 AM
[] Three new national polls: The Democratic primary is a two-man race Published:1/22/2020 11:06:03 AM
[Politics] AWESOME: Gov. Greg Abbott posts video of his 'candid moment' with President Trump in Davos Published:1/22/2020 11:06:03 AM
[Politics] Schiff Appears to Have Made Mistake With Part of Parnas Evidence House Intelligence Chairman Adam Schiff appears to have made an error in presenting a piece of evidence in the impeachment of President Donald Trump, according to documents obtained by Politico on Wednesday. Published:1/22/2020 11:06:03 AM
[Entertainment] See Taylor Swift Declare She's Done Being "Muzzled" in First Trailer for Netflix Doc Taylor Swift, 2019 American Music AwardsThe moment we've all been waiting for is finally here! Netflix has finally dropped the highly-anticipated trailer for Taylor Swift's new documentary Taylor Swift: Miss Americana....
Published:1/22/2020 11:06:03 AM
[Politics] Fifteen Years Ago Today, Hillary Clinton Learned the Meaning of True Love

On this day in 2005, President Donald J. Trump married the love of his life, Melania Knauss, in a tasteful church ceremony in Palm Beach, Fla. A grateful nation wishes them all the best as they celebrate 15 happy years together.

The post Fifteen Years Ago Today, Hillary Clinton Learned the Meaning of True Love appeared first on Washington Free Beacon.

Published:1/22/2020 11:06:03 AM
[topics:in-the-news/coronavirus] Wednesday evening news briefing: Killer virus 'could reach the UK' warn experts Published:1/22/2020 11:06:03 AM
[Volokh Conspiracy] [Keith E. Whittington] The Chief Justice Shall Preside Now that the Senate impeachment trial of President Trump has begun, it has become evident that there are a great number of viewers who are hoping that Chief Justice John Roberts will use his magical powers to remove the president from office. Unfortunately, the chief justice does not possess magical powers. In giving the Senate… Published:1/22/2020 11:06:03 AM
[Politics] Mark Levin suggests McConnell and Senate Republicans need to rein in House Democrats Mark Levin is asking McConnell and Senate Republicans why they are allowing House Democrats to make arguments that aren’t consistent with their articles of impeachment, suggesting they need to rein in Schiff . . . Published:1/22/2020 11:06:03 AM
[Politics] Mark Levin suggests McConnell and Senate Republicans need to rein in House Democrats Mark Levin is asking McConnell and Senate Republicans why they are allowing House Democrats to make arguments that aren’t consistent with their articles of impeachment, suggesting they need to rein in Schiff . . . Published:1/22/2020 11:06:03 AM
[aef33b26-b001-5440-a3e3-151a28c83f02] Celebrities react to Los Angeles earthquake with confusion: 'I still don't know what to do' A magnitude 3.6 earthquake struck Los Angeles minutes before midnight on Wednesday, causing celebrities to take to their social media accounts to figure out what exactly was going on. Published:1/22/2020 11:06:03 AM
[Markets] GE's stock sinks to extend losing streak as Boeing's 737 MAX issues poses a risk ahead of earnings Shares of General Electric Co. sank 1.2% in morning trading, putting them on track for a sixth straight loss, and 10th loss in 11 days, amid concerns over the fallout from Boeing Co. pushing out expectations for the return of its 737 MAX planes. Analyst Andrew Obin said Boeing's announcement on Tuesday "increases the likelihood" that the 737 MAX production pause is extended through the first half of 2020, which would impact GE since GE makes the 737 MAX's engines. Obin reiterated his neutral rating on GE's stock and his $12 price target. "In our 4Q19 GE preview, we highlighted 737 MAX issues as a potential risk for GE in 2020," Obin wrote in a note to clients. Both Boeing and GE are slated to report results on Jan. 29, before the opening bell. The stock has run up 27.2% over the past three months, but has lost 4.9% during its six-day losing streak, while Boeing shares have shed 9.0% and the Dow Jones Industrial Average has gained 9.0%. A 6-day losing streak for GE's stock would be the longest since the 7-day stretch of losses ended on Dec. 5. Published:1/22/2020 11:06:03 AM
[Hillary Clinton] Tulsi sues Hillary (Scott Johnson) Rep. Tulsi Gabbard has sued Madam Hillary Clinton for defamation in United States District Court for the Southern District of New York. Gabbard’s press release is posted online here; Gabbard’s Complaint is posted online here. Clinton defamed Gabbard as a “Russian asset” in a statement that did not call her out by name, though I don’t think there can be any doubt that Clinton’s statement was “of and concerning” Gabbard. Published:1/22/2020 11:06:03 AM
[worldNews] Facing economic crisis, Lebanon's government weighs options Lebanon's Hezbollah-backed government will walk a political tightrope as it acts to urgently secure foreign funding to ward off financial collapse, and could look to the International Monetary Fund (IMF) for assistance.
Published:1/22/2020 11:06:03 AM
[Entertainment] The top 10 audiobooks on Audible The top 10 audiobooks on Audible Published:1/22/2020 11:06:03 AM
[2019 News] Tulsi Gabbard Sues Hillary Clinton for Defamation

Tulsi Gabbard Sues Hillary Clinton for Defamation. The Democrats continue to consume each other, bit by bit. We suggest Tulsi announce she’s not suicidal. Presidential candidate Rep. Tulsi Gabbard (D-HI) sued Hillary Clinton for defamation in federal court in Manhattan on Wednesday, claiming Clinton intentionally lied about a Gabbard connection to Russia to hurt her […]

The post Tulsi Gabbard Sues Hillary Clinton for Defamation appeared first on IHTM.

Published:1/22/2020 11:06:03 AM
[Media] Netflix is still saying ‘no’ to ads Despite ongoing speculation and investor pressure, Netflix is still declining to adopt an advertising-based business model as a means to boost its revenue, Netflix CEO Reed Hastings confirmed on Tuesday. The company on its Q4 earnings call again shot down the idea of an ad-supported option, with Hastings explaining there’s no “easy money” in an […] Published:1/22/2020 11:06:03 AM
[Markets] "Buying Momentum Has Fizzled Out": CTAs Are Now All-In "Buying Momentum Has Fizzled Out": CTAs Are Now All-In

When it comes to investor positioning and flows, we have been quite clear over the past two weeks: with stocks hitting all time highs on a daily basis, we first reported on Jan 11 that "Institutions, Retail And Algos Are Now All-In" and then again one week later, "Never Before Seen Market Complacency, As Everyone Goes Even More "All In"."

Today, Nomura's two quants confirm that when it comes to CTAs, they are indeed all in. As Nomura's Charlie McElligott writes, that "all major markets we track at + or – “100%” signals across the board which then allows for more leverage to be deployed into the positions / larger gross exposures":

At the same time, Nomura's other quant, Masanari Takada echoes this and writes "CTAs’ net long position in US equity futures has started to look excessive, and the momentum behind the buying seems to have fizzled out." According to the Nomura quant, this means that "Breezy bullishness looks like a bad idea at this point" and that "the situation looks primed for an overdone sell-off in response to even small fluctuations in the market."

What is the bigger picture? Here Takada preaches caution, noting that as a result of the Coronavirus concerns, "global equity markets have become jittery" and adds that "timing-wise... most hedge funds have swung to taking profits on their long positions in DM equities. It may be that these hedge funds have seized on the new coronavirus outbreak as a reason to take profits now."

Our estimates of major hedge funds’ exposure to DM equities (30-day beta) show that more hedge funds are exiting longs now than was the case at the end of December. Of course, long/short funds and other fundamentals-based, value-oriented investors following bottom-up strategies are feeling out dips to buy. Prior to this, however, global macro hedge funds, managed futures funds, and other such top-down investors had already started moving last week to tentatively unwind long positions, partly in response to the apparent depletion of market-positive news.

Finally, going back to what has been a key market driver, namely (extreme) dealer delta and gamma positioning, McElligott writes that we "did see some of that “extreme” $Gamma and $Delta “drop-off” after last week’s expiry; however, enough was rolled “out and up” to maintain “still extreme” historic percentiles ($Gamma still 88th %ile since 2014; $Delta still 96th %ile).

So for those asking where is the next level (of gamma gravity), McElligott answers that "well outside of the meaningful aggregate $Gamma “in and around” here ($6.0B at 3300 strike, another $17B btwn 3310 and 3330)", the “new” largest line is the +$6.3B at the 3350 strike" as dealers remain "very long" which in turn helps insulate the market from shocks while allowing the relentless creep higher in risk prices to continue unabated.

It also means that if and when the selling returns and the S&P breaks below 3,300, it's going to be a long way down.

Tyler Durden Wed, 01/22/2020 - 12:00
Published:1/22/2020 11:06:03 AM
[Markets] NewsWatch: Why one stock-market bull says he’s taking the ‘offense off the field’ Tony Dwyer, a longtime bull and strategist at brokerage Canaccord Genuity, is getting a little nervous and said it is time “to take offense temporarily off the field.”
Published:1/22/2020 11:06:03 AM
[] Paul Sperry: Eric Ciaramella Openly Schemed With Fellow Joe Biden Holdover to "Take the President Out," From the Very Moment They Were Briefed on Trump's "America First" Foreign Policy "Thick as thieves." Two NSC co-workers told RCI that they overheard Ciaramella and Misko - who was also working at the NSC as an analyst - making anti-Trump remarks to each other while attending a staff-wide NSC meeting called by... Published:1/22/2020 11:06:03 AM
[] Rep. Steve Scalise drops a reality check on Dems now realizing who's NOT going to clean up 'Schiff's mess' Published:1/22/2020 10:30:33 AM
[Politics] Trump: 'Very Big' Tax Planned for US Middle Class A "very big" tax cut for middle-class Americans will be announced over the next 90 days, President Donald Trump said in an interview Wednesday.  Published:1/22/2020 10:30:33 AM
[Politics] Gabbard Sues Clinton for Calling Her a ‘Russian Asset’

Rep. Tulsi Gabbard (D., Hawaii) on Wednesday filed a defamation lawsuit against twice-failed presidential candidate Hillary Clinton for "carelessly and recklessly" accusing her of being a Russian asset.

The post Gabbard Sues Clinton for Calling Her a ‘Russian Asset’ appeared first on Washington Free Beacon.

Published:1/22/2020 10:30:33 AM
[d8666803-cba1-581d-9f7d-2ed84b3547ce] Chuck DeVore: Will Texas flip because of blue state migrants? Don't bet on it Given Texas’ historical voter turnout levels, it’s likely that about 6 percent of its 2020 vote for president will be cast by people who moved to Texas in the past four years. Published:1/22/2020 10:30:33 AM
[Political Cartoons] State In Emergency – A.F. Branco Cartoon

By A.F. Branco -

Governor Northam of Virginia sparked a pro-gun rights rally in Richmond after trying to push his gun control policies. Political cartoon by A.F. Branco ©2020. See more Branco toons HERE

State In Emergency – A.F. Branco Cartoon is original content from Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:1/22/2020 10:30:33 AM
[Markets] Microsoft's stock price target raised by 18% at Raymond James a week ahead of earnings Shares of Microsoft Corp. rose 0.2% in morning trading, after Raymond James analyst Micheal Turits raised his price target by 18%, as his research suggests the software giant had a strong quarter, led by software upgrades and growth in its cloud business. Turits reiterated his strong buy rating and lifted his target on the stock to $192, which is 15% above current levels, from $163. That makes Turits the second-most bullish on Microsoft of the 35 analysts surveyed by FactSet. "Our Microsoft checks were strong this quarter with the biggest improvement from resellers that were seeing an uptick in Office 365 E3 to E5 conversions, on increased interest in collaboration and integration of Microsoft Teams and from security including EMS, Azure Active Directory and Azure Sentinel," Turits wrote in a note to clients. "We believe channels are on plan if not hitting stretched or aggressive growth targets with Azure, with some constraint around talent needed for cloud migrations." Microsoft is scheduled to report fourth-quarter results after the Jan. 29 close. The stock has run up 22.3% over the past three months, while the Dow Jones Industrial Average has gained 9.1%. Published:1/22/2020 10:30:33 AM
[TC] Amazon Music passes 55M customers across its free and paid tiers, but still lags behind Spotify and Apple Amazon Music, the streaming music service from the e-commerce and cloud giant that competes against the likes of Spotify and Apple Music, announced a milestone in its growth today: it has passed 55 million customers across the six different pricing tiers that it offers for the service, ranging from $15 per month through to a […] Published:1/22/2020 10:30:33 AM
[Entertainment] Vanderpump Rules' Tom Sandoval Bans Stassi Schroeder From TomTom After Explosive Fight Stassi Schroeder, 2018 Peoples Choice Awards, PCAs, Red Carpet FashionsStassi Schroeder's book signing bash turned volatile during Tuesday night's new Vanderpump Rules. And according to co-star Tom Sandoval, the Next Level Basic author is now "literally...
Published:1/22/2020 10:30:33 AM
[Markets] Tesla’s market cap climbs past $100 billion mark on intraday basis Tesla’s market cap climbs past $100 billion mark on intraday basis Published:1/22/2020 10:30:33 AM
[Entertainment] There’s another controversy about the lack of women on country radio. This time, it inspired change. CMT is now guaranteeing that 50 percent of its video airplay will be for female artists. Published:1/22/2020 10:30:33 AM
[worldNews] Pompeo says U.S. not seeking to divide Caribbean bloc Caricom U.S. Secretary of State Mike Pompeo said on Wednesday the United States is not seeking to divide Caribbean bloc Caricom after some governments voiced discontent that only certain countries had been invited to meetings with him in Jamaica.
Published:1/22/2020 10:30:33 AM
[958241a9-85bc-5b53-86aa-8a1addfabcca] Aerosmith responds to drummer Joey Kramer's lawsuit, say it would be a 'disservice' to let him play at Grammys Aerosmith responded to a lawsuit filed by drummer Joey Kramer against the rest of the band for allegedly preventing him from performing with them at the upcoming Grammy Awards.  Published:1/22/2020 10:30:33 AM
[Markets] "I Don't See Her In Beijing Or Delhi" - Niall Ferguson Slams Davos' "Virtue Signaling" Greta Fanboys "I Don't See Her In Beijing Or Delhi" - Niall Ferguson Slams Davos' "Virtue Signaling" Greta Fanboys

Climate activist Greta Thunberg addressed the world's elite face-to-face at the World Economic Forum in Davos yesterday, admonishing the grown-ups in the room for their lack of panic:

"We don't want these things done in 2050, 2030, or even 2021," Thunberg said. "We want this done now."

The 17-year-old demanded participants "from all the companies, banks, institutions, and governments" in attendance to immediately halt all investments in fossil fuel exploration and extraction, end fossil fuel subsidies, and divest from all fossil fuels.

"I've been warned that telling people to panic about the climate crisis is a very dangerous thing to do, but don't worry—it's fine—I've done this before and I can assure you: it doesn't lead to anything."

"Our house is still on fire. Your inaction is fueling the flames by the hour. We are still telling you to panic, and to act as if you loved your children above all else."

Quite a speech, and the billionaire crowd at Davos soaked it all up, proudly patting themselves on the back and supporting Greta and her 'movement'.

However, as Niall Ferguson, Senior Fellow at Stanford University’s Hoover Institution, explained during a brief (and uncomfortable) interview on CNBC, it's all bullshit.

"...remember there's a cognitive dissonance at the heart of Davos."

"Publicly, you have to agree with Greta Thunberg and you have to be part of the virtue-signaling community on climate change, on ESG."

"Privately, you're quietly agreeing with Trump."

For the ultra wealthy, Ferguson said Trump remains the obvious favorite if faced with a choice between Trump and Democratic front-runners Bernie Sanders and Elizabeth Warren. 

“The dirty little secret of Davos 2020 is they all need him to get re-elected,”  told Yahoo Finance’s Alexis Christophorus, when asked if wealthy attendees are begrudgingly rooting for President Donald Trump. “Nobody wants to say that out loud.”

But the real point of note from Ferguson was his honest angst at Greta's platform of lies.

"The reality is that the Green Deal [and its massive debt load] will amount to a drag on German manufacturing and the eurozone economy as a whole."

"Privately, a lot of people are admitting that Trump is doing the stuff we should be doing - fiscal stimulus."

Simply put, Ferguson dares to say that all the virtue-signaling is not in any way candid, because if it were, they would admit that

"60% of CO2 emissions since Greta Thunberg was born is attributable to China... but nobody talks about that. They talk as if its somehow Europeans and Americans who are going to fix this problem... which is frustrating because it doesn't get to the heart of the matter."

Ferguson comfortably admits that there is a climate change problem, but that's not the point. The point is what are we going to do about it, to which he asks rhetorically...

"If you're serious about slowing CO2 emissions and temperatures rising it has to be China and India that are constrained."

But Greta goes to New York or Davos:

"I don't see her in Beijing or Delhi."

Hard to argue with "facts" and "science" that this is true...

Global Pollution

Source: WHO

Tyler Durden Wed, 01/22/2020 - 11:25
Published:1/22/2020 10:30:33 AM
[] The Morning Rant "As I ranted on Monday, with Pelosi walking around in an impeachment skin and demanding respect, she doesn't seem to know (or care) that her fellow Democrats haven't impeached Trump. Instead, they've impeached impeachment. "The Democrats have completely diluted 'impeachment'... Published:1/22/2020 10:30:33 AM
[] Evan McMullin, 'without hyperbole,' says contemporary Republican leaders' mission 'is to destroy the Republic' Published:1/22/2020 10:04:42 AM
[] Coronavirus in China: Source found as death toll rises Published:1/22/2020 10:04:42 AM
[Markets] Boeing 737 MAX Delays Could Put GE Rally at Risk One analyst called out “downside risks” for Boeing suppliers, including General Electric, Honeywell International, and Parker Hannifin. Published:1/22/2020 10:04:41 AM
[Congressional Hall Monitor] Watch Live: Senate Impeachment Trial – Day 2

By R. Mitchell -

The U.S. Senate continues its impeachment trial based on Democrats’ articles of impeachment against President Donald Trump. Wednesday’s events are expected to center around the House Manager’s opening arguments. (Related: See Day 1 of the proceedings here) Coverage begins at 1:00 p.m. EST. Fox News CBS News Content created by Conservative ...

Watch Live: Senate Impeachment Trial – Day 2 is original content from Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:1/22/2020 10:04:41 AM
[Politics] 55% Favor Calling New Witnesses for Senate Impeachment Trial

Most voters think the U.S. Senate should allow new witnesses to supplement the House’s party-line impeachment case before deciding whether to remove President Trump from office.

A new Rasmussen Reports national telephone and online survey finds that 35% of Likely U.S. Voters believe the Senate trial should be based only on the impeachment cases voted on by House Democrats in December. But 55% disagree and say the Senate should allow new witnesses to be called before reaching a verdict. Ten percent (10%) are undecided. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 Likely Voters was conducted January 19-20, 2020 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Published:1/22/2020 10:04:41 AM
[Issues] Virginia Dem: Gun-Rights Rally Was ‘Terrorism’

A Virginia Democrat said Tuesday that Second Amendment supporters who protested new gun control legislation at the Virginia State Capitol had "terrorized Richmond."

The post Virginia Dem: Gun-Rights Rally Was ‘Terrorism’ appeared first on Washington Free Beacon.

Published:1/22/2020 10:04:41 AM
[Entertainment] John Legend on Grammys, new ‘dark’ single and ‘This Is Us’ Christmas isn’t over for John Legend: His first holiday album is competing for a Grammy, with stiff competition including Barbra Streisand, Elvis Costello, Michael Bublé and Andrea Bocelli Published:1/22/2020 10:04:41 AM
[Entertainment] How Lizzo Went From Heartbreak to Feeling Good as Hell LizzoWith eight Grammy nominations, five top 10 hits and a lot of love from her fans, it's no surprise Lizzo is feeling "good as hell." However, the 31-year-old singer didn't always...
Published:1/22/2020 10:04:41 AM
[Politics] WATCH: Trump calls Nadler a “sleazebag”, says he’d love to go to the Senate trial to “stare in their corrupt faces” Last night while most of us were sleeping, what is being called a ‘dust up’ happened on the Senate floor between Nadler and Cipollone. But it wasn’t a dust up. Rather, Nadler . . . Published:1/22/2020 10:04:41 AM
[Politics] WATCH: Trump calls Nadler a “sleazebag”, says he’d love to go to the Senate trial to “stare in their corrupt faces” Last night while most of us were sleeping, what is being called a ‘dust up’ happened on the Senate floor between Nadler and Cipollone. But it wasn’t a dust up. Rather, Nadler . . . Published:1/22/2020 10:04:41 AM
[TC] Industrial technologies get a big backer with Anzu Partners’ new $190 million fund Advances in biology, biochemistry, sensors and automation have the potential to reshape the ways manufacturing in America is done and a relatively new firm called Anzu Partners has just raised $190 million to invest in companies turning these scientific achievements into new products and services. Far from Silicon Valley, Anzu is investing in technology companies […] Published:1/22/2020 10:04:41 AM
[81cde05b-70e7-5ab3-b678-c5c078b0c144] Sharon Osbourne thanks fans for 'outpouring of love' after Ozzy Osbourne reveals Parkinson's diagnosis Sharon Osbourne is thanking fans and friends for their support during an emotional time for her family. Published:1/22/2020 10:04:41 AM
[worldNews] U.N. experts demand probe into alleged Saudi hack of Amazon boss Bezos U.N. experts have demanded an immediate investigation by U.S. and other authorities into allegations that Saudi Arabia's crown prince was involved in a plot to hack the phone of Amazon boss Jeff Bezos.
Published:1/22/2020 10:04:41 AM
[Markets] Adam Schiff Caught "Mischaracterizing" Evidence Day One Of Senate Impeachment Trial Adam Schiff Caught "Mischaracterizing" Evidence Day One Of Senate Impeachment Trial

Rep. Adam Schiff (D-CA) was caught "mischaracterizing" evidence on day one, Tuesday, of the Senate impeachment trial. 

The left-leaning Politico claims that Schiff released inaccurate information about a text message between Rudy Giuliani and Lev Parnas on July 3, 2019, about organizing a meeting with Ukrainian President Volodymyr Zelensky. 

Schiff's report was sent to House Judiciary Chairman Jerry Nadler (D-NY) last week that summarizes "a trove of evidence from Lev Parnas, an indicted former associate of Trump's personal attorney Rudy Giuliani," Politico reported. 

The report claims in a text message conversation between Giuliani and Parnas, Parnas said: "trying to get us mr Z." The remainder of the letter was redacted. 

Politico added, "But an unredacted version of the exchange shows that several days later, Parnas sent Giuliani a word document that appears to show notes from an interview with Mykola Zlochevsky, the founder of Burisma, followed by a text message to Giuliani that states: 'mr Z answers my brother.' That suggests Parnas was referring to Zlochevsky, not Zelensky."

A Republican aide told Politico that Schiff's assumption that "mr Z" is Zelensky is ludicrous.

"The most charitable view of the situation is that [Schiff's] staff committed the equivalent of Congressional malpractice by not looking more than an inch deep to determine the facts before foisting this erroneous information on his colleagues and the American public," said one senior GOP aide.

"But given the selective redactions and contextual clues, it seems as though Chairman Schiff sought to portray an innocuous meeting with Ukrainian oligarch Mykola Zlochevsky as an insidious one with the President of Ukraine simply because both of their surnames start with the letter Z," the GOP aide added. 

Schiff has issued false information in Trump-related investigations before. 

It was reported in September 2019 that Schiff fabricated the account of a July 25 call between Trump and Zelensky, to analogize the interaction to a scene from a mafia drama.

And last month, Schiff said during a Fox News interview that he wasn't willing to admit wrong in his defense of the FBI's FISA process: "I'm certainly willing to admit that the inspector general found serious abuses of FISA that I was unaware of."

Trump responded by saying, "Schiff's correcting the record memo has turned out to be totally wrong (based on the I.G. Report)! A very big lie. @MariaBartiromo And @DevinNunes has turned out to be completely right. Congratulations to Devin. The Fake News Media should apologize to all!" 

Tyler Durden Wed, 01/22/2020 - 10:50
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Published:1/22/2020 10:04:41 AM
[structure:news/world-news] Chinese city apologises for 'naming and shaming' residents wearing pyjamas in the streets Published:1/22/2020 10:04:41 AM
[Uncategorized] Social Media Mocks U.S. Space Force’s New Uniform Newest branch of the military deflects the taunts & gives President Trump 1st official briefing! Published:1/22/2020 10:04:41 AM
[Markets] Key Words: There’s a video on the White House’s official YouTube page calling homosexuality the devil’s work Bishop Jerry Wayne Taylor’s unleashed a fiery anti-gay sermon over the weekend — shortly after a Pence speech.
Published:1/22/2020 10:04:41 AM
[] Sekulow to Schiff, Nadler: Remember when you endorsed Eric Holder's obstruction -- and Barack Obama's executive privilege claim? Published:1/22/2020 9:30:12 AM
[BA] Eric Basmajian's Positions For 2020: A Balanced Approach, A Defensive Tilt And A Boeing Surprise Published:1/22/2020 9:30:12 AM
[Politics] CNN Poll: Sanders, Biden Share Lead Over Dem Candidates A surging Sen. Bernie Sanders, I-Vt., has joined former Vice President Joe Biden for a share of the lead over the rest of the candidates seeking the Democratic Party’s presidential nomination, a new CNN poll reveals. Published:1/22/2020 9:30:12 AM
[426d8b70-d03b-599b-8e56-7b3984887623] Lori Loughlin, Mossimo Giannulli's daughters may serve as 'star witnesses' in college admissions scandal: report Lori Loughlin and Mossimo Giannulli's daughters may become "star witnesses" in the upcoming college admissions trial, according to a new report. Published:1/22/2020 9:30:12 AM
[Entertainment] Jessica Simpson Details Childhood Sexual Abuse, Battle With Alcohol and Pills In New Memoir Jessica SimpsonJessica Simpson is sharing her truth. Several years back, the superstar was asked to write a motivational book about how she lives her best life. Alas, it was an opportunity she simply...
Published:1/22/2020 9:30:12 AM
[Entertainment] ‘Sesame Street’ comforts children displaced by Syrian war “Sesame Street” in the past year has tackled everything from foster care to substance abuse Published:1/22/2020 9:30:12 AM
[structure:news/world-news] Grey wolf spotted between France's Charente and Dordogne for first time in almost a century Published:1/22/2020 9:30:12 AM
[Quick Takes] Northeastern University Student From Iran Gets Detained and Deported "deported Monday night despite an emergency stay granted by Judge Allison D. Burroughs" Published:1/22/2020 9:30:12 AM
[Volokh Conspiracy] [Ilya Somin] Forthcoming Article on "Overturning a Catch-22 in the Knick of Time: Knick v. Township of Scott and the Doctrine of Precedent" The article explains why the Supreme Court was justified in overruling longstanding precedent in this important recent constitutional property rights case. Published:1/22/2020 9:30:12 AM
[worldNews] Trump has parting words for the star of Davos, Greta Thunberg Just before he departed the slopes of Davos, U.S. President Donald Trump had some final words for Greta Thunberg, saying he would have loved to have seen her speak at the World Economic Forum.
Published:1/22/2020 9:30:12 AM
[Markets] Stocks shrug off China virus fears to try for fresh records U.S. stocks pushed higher Wednesday, with both the S&P500 index and Nasdaq climbing to new intraday records, after Chinese authorities provided assurance it was taking steps to contain a possible conavirus pandemic, relieving investor fears about a threat to global economic growth. Published:1/22/2020 9:30:12 AM
[Markets] Loonie Tumbles After Unexpectedly Dovish BOC Removes "Appropriate Rate" Language Loonie Tumbles After Unexpectedly Dovish BOC Removes "Appropriate Rate" Language

And another central bank is getting ready to cut rates even as the world is supposedly "rebounding" from the 2019 growth scare.

Moments ago, the Bank of Canada held its overnight rate at 1.75%, in line with expectations, and highlighting the stabilization in the economy and trade but emphasizing the high degree of uncertainty and geopolitical tensions.

However, in a surprisingly dovish turn, the BOC revised its forward guidance, removing the "appropriate" rate language from final paragraph when referring to how Governing Council views maintaining the current level of overnight rate. The language as it now stands is "in determining the future path for the Bank’s policy interest rate, Governing Council will be watching closely to see if the recent slowdown in growth is more persistent than forecast. In assessing incoming data, the Bank will be paying particular attention to developments in consumer spending, the housing market, and business investment." Here, the BOC dropped the line "Based on developments since October, Governing Council judges it appropriate to maintain the current level of the overnight rate target."

The central bank also focused on Q4 weakness, noting that "job creation has slowed and indicators of consumer confidence and spending have been unexpectedly soft."

Amid the dovish reversal, the bank also said growth will be weaker and the output gap wider in the near term than was predicted in October, and as a result its revised its growth estimate lower, now expecting Q4 2019 GDP growth to 0.3%, from 1.3% previously.

In listing the factors behind this slowdown, the BOC said that "the effects of global trade conflicts and elevated uncertainty may have spread beyond investment and exports, contributing to the slowdown in the labour market and weighing on confidence. This may have contributed to more cautious behaviour by households." The central bank also pointed to "special factors" weighing on growth including strikes, adverse weather, production shutdowns and inventory adjustments.

And in a direct hint that Canada may soon experience its own negative rates, the BOC said that "Canadians have been saving a larger share of their incomes, which could signal increased consumer caution." Well, we all know how central banks approach the problem of too much savings, and it rhymes with -IRP.

In kneejerk response to this surprisingly dovish statement, the loonie tumbled 100 pips, with the USDCAD kneejerking from 1.3040 to 1.3140.

Tyler Durden Wed, 01/22/2020 - 10:20
Published:1/22/2020 9:30:12 AM
[Health] Small Door, the OneMedical for pets, launches NYC location Small Door, a veterinary services membership startup, today announced the grand opening of its NYC location at 15 Seventh Ave. Small Door soft-launched the space in November of 2019. The vet startup first came onto the scene in April of 2019 with a $3.5 million seed round led by Lerer Hippeau Ventures, with participation from […] Published:1/22/2020 9:30:12 AM
[Markets] U.S. existing-home sales rebounded in December U.S. existing-home sales rebounded in December Published:1/22/2020 9:30:12 AM
[World] Key Words: Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’ J.P. Morgan chief Jamie Dimon says negative interest rates in Europe and Japan are his top concern and warns that the U.S.government is to blame for slow economic growth
Published:1/22/2020 9:30:12 AM
[] George Conway compares President Trump's legal team to 'The Bad News Bears'  Published:1/22/2020 8:59:43 AM
[Politics] Trump Criticizes Bloomberg, Biden, Sanders: 'I'm Ready' President Donald Trump Wednesday panned several challengers for the Democratic Party's presidential nomination, particularly panning former New York Mayor Mike Bloomberg while also slamming ex-Vice President Joe Biden and Sen. Bernie Sanders. Published:1/22/2020 8:59:43 AM
[Entertainment] Why Tommy Chong Calls The Masked Singer an Actor's "Worst Nightmare" Is Too Good The Masked SingerThe Masked Singer is a dream for some, a "nightmare" for others. The Fox singing competition features celebrities from all areas of fame, from sports figures to Broadway stars and...
Published:1/22/2020 8:59:43 AM
[Politics] 21 state AGs urge the Senate to reject impeachment in STINGING letter… 21 AGs in Republican states have sent a letter to the Senate calling on them to “explicitly reject” both articles of impeachment from the House, as they are both “destructive of separation . . . Published:1/22/2020 8:59:43 AM
[Politics] 21 state AGs urge the Senate to reject impeachment in STINGING letter… 21 AGs in Republican states have sent a letter to the Senate calling on them to “explicitly reject” both articles of impeachment from the House, as they are both “destructive of separation . . . Published:1/22/2020 8:59:43 AM
[Syndicated Posts] Watch: President Trump Holds a Press Conference on Final Day of World Economic Forum – 1/20/20

By R. Mitchell -

President Donald Trump held an unscheduled press conference on Tuesday touting the U.S. economy’s amazing recovery from the previous administration’s policies and the great relationship shared with foreign leaders. Content created by Conservative Daily News and some content syndicated through CDN is available for re-publication without charge under the Creative Commons ...

Watch: President Trump Holds a Press Conference on Final Day of World Economic Forum – 1/20/20 is original content from Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:1/22/2020 8:59:43 AM
[worldNews] Saudi prince may have been involved in Bezos phone hacking: U.N. experts Saudi Crown Prince Mohammed bin Salman may have been involved in a plot to hack the phone of Amazon's billionaire boss Jeff Bezos, United Nations experts said on Wednesday.
Published:1/22/2020 8:59:43 AM
[Entertainment] Will Grammy voters take the ‘Old Town Road’ on Sunday? Will Grammy voters take the ‘Old Town Road’ on Sunday? Or a DNA test that reveals Lizzo is 100 percent a Grammy winner? There are lots of possibilities and puns to play with when it comes to who may take home a Grammy Award at Sunday’s ceremony, but The Associated Press’ music writers put some weight behind their picks with their years of expertise, which may end up meaning absolutely nothing Published:1/22/2020 8:59:43 AM
[2b760c69-ddc2-5cc9-9c44-dd5a4d5f4a57] Hans von Spakovsky: Senate sets Trump impeachment trial rules -- top takeaways from Day One The first day of the impeachment trial of President Donald Trump was largely taken up with procedural issues. Published:1/22/2020 8:59:43 AM
[Markets] Why one stock-market bull says he’s taking the ‘offense off the field’ Tony Dwyer, a longtime bull and strategist at brokerage Canaccord Genuity, is getting a little nervous and said it is time “to take offense temporarily off the field.” Published:1/22/2020 8:59:43 AM
[Impeachment] I can’t GAO for that (Scott Johnson) With the impeachment trial impending, the Government Accountability Office released its “opinion” that President Trump’s brief hold on aid to Ukraine was “illegal.” It is the sort of well-timed hit from the deep state that has become so predictable it should produce groans, if not disgust. Whatever, I doubt it should be taken at face value. Alan Dershowitz argues in the valuable Gatestone column, for example, “Trump Had Right to Published:1/22/2020 8:59:43 AM
[TC] Tesla could soon sell and service its vehicles in Michigan Tesla reportedly reached a settlement with the State of Michigan regarding the sales and service of its vehicles. According to the AP, this settlement would end the automakers lawsuit against the state, which barred Tesla and others from selling vehicles directly to consumers. This would lead to consumers being able to purchase, take delivery, and […] Published:1/22/2020 8:59:43 AM
[Markets] Capitol Report: Sanders overtakes Biden in national poll for Democratic nomination Bernie Sanders sits atop a new national poll of the race for the Democratic presidential nomination, but it’s a close call with Joe Biden just behind.
Published:1/22/2020 8:59:42 AM
[Markets] Tulsi Gabbard Sues Hillary Clinton Over 'Russian Asset' Remark Tulsi Gabbard Sues Hillary Clinton Over 'Russian Asset' Remark

Rep. Tulsi Gabbard (D-HI) has filed a lawsuit against Hillary Clinton, accusing the former Secretary of State of defamation for remarks characterizing the Democratic presidential candidate as a Russian asset.

Filed on Wednesday in the US District Court for the Southern District of New York, Gabbard's attorneys allege that Clinton "smeared" Gabbard's "political and personal reputation," according to The Hill.

"Tulsi Gabbard is a loyal American civil servant who has also dedicated her life to protecting the safety of all Americans," said Gabbard's attorney Brian Dunne in a statement.

"Rep. Gabbard’s presidential campaign continues to gain momentum, but she has seen her political and personal reputation smeared and her candidacy intentionally damaged by Clinton’s malicious and demonstrably false remarks."

In a podcast released in October, Clinton said she thought Republicans were "grooming" a Democratic presidential candidate for a third-party bid. She also described the candidate as a favorite of the Russians.

Clinton did not name the candidate but it was clear she was speaking about Gabbard.

"They're also going to do third party. I'm not making any predictions, but I think they've got their eye on somebody who's currently in the Democratic primary and are grooming her to be the third-party candidate," Clinton said.

"She's the favorite of the Russians, they have a bunch of sites and bots and other ways of supporting her so far, and that's assuming Jill Stein will give it up, which she might not, because she's also a Russian asset. Yeah, she's a Russian asset, I mean totally. They know they can't win without a third party candidate," Clinton said. -The Hill

Read the filing below:

Tyler Durden Wed, 01/22/2020 - 09:55
Tags
Published:1/22/2020 8:59:42 AM
[] Dems in Disarray, Cont.: Tulsi Gabbard sues Hillary Clinton for defamation Published:1/22/2020 8:31:13 AM
[Markets] IBM’s stock alone fueling 22 points’ worth of premarket Dow gain IBM’s stock alone fueling 22 points’ worth of premarket Dow gain Published:1/22/2020 8:31:13 AM
[Entertainment] Bob Harper Previews "Heartfelt" New The Biggest Loser & Why He Isn't Worried About Controversy Bob HarperWhen The Biggest Loser returns after four years off the air, it won't be the same reality competition series fans remember. During NBCU's TV Critics Association Winter Press Tour...
Published:1/22/2020 8:31:13 AM
[Uncategorized] At Davos, Trump dismisses climate alarmists as ‘prophets of doom’ Teen green activist Greta Thunberg continues her "Tour of Scold' at the international business event. Published:1/22/2020 8:31:13 AM
[Impeachment] Paul Sperry: Whistleblower overheard (Scott Johnson) Behind the impeachment of President Trump’s lies the “whistleblower” whose identity the mainstream media have carefully guarded. The Democrats have classified it Sensitive Compartmented Information. This must be why the media have refused to devote its resources to this particular back story. At RealClearInvestigations, Paul Sperry has refused to abide by the blackout “rules.” He explores the back story in his deeply reported 4,000-word investigative account “Whistleblower Was Overheard in Published:1/22/2020 8:31:13 AM
[worldNews] Guinea-Bissau electoral commission confirms Embalo as president Guinea-Bissau's national electoral commission confirmed former Prime Minister Umaro Cissoko Embalo as winner of the presidential ballot on Wednesday, after the Supreme Court threw the result into doubt last week.
Published:1/22/2020 8:31:13 AM
[Entertainment] Tilda Swinton backs public appeal to buy Derek Jarman house Academy Award-winning actress Tilda Swinton has urged art lovers to chip in and help save the home of late British artist and filmmaker Derek Jarman for the public Published:1/22/2020 8:31:13 AM
[Congressional Hall Monitor] John Roberts Admonishes Both Sides As Impeachment Trial Grows Heated

By Peter Hasson -

Chief Justice Roberts admonishes both sides in impeachment trial: "I think those addressing the Senate should remember where they are"

John Roberts Admonishes Both Sides As Impeachment Trial Grows Heated is original content from Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:1/22/2020 8:31:13 AM
[06875fa9-aee4-54f9-9564-6e39b3696125] Taylor Swift hopes to encourage fans to vote against ‘sinister’ Republican policies with new political track Taylor Swift revealed that a song that will debut with the release of her upcoming Netflix documentary, “Miss Americana,” was recorded in response to the 2018 midterm elections.  Published:1/22/2020 8:31:13 AM
[Markets] Lord Peter Mandelson gives first view on the U.K.’s Labour Party leadership race The peer, who is attending the World Economic Forum at Davos, Switzerland and is the chairman of strategic advisory firm Global Counsel, refused to back any specific candidate.
Published:1/22/2020 8:31:13 AM
[Aerospace] Boeing partners with Tactical Robotics to develop VTOL tech Boeing has signed a new agreement with Israel-based Tactical Robotics, an exploratory deal that will see the two companies work together jointly on “developing, producing and marketing” aircraft with vertical take-off and landing (VTOL) capabilities based on Tactical Robotics’ ‘Fancraft’ enclosed rotor technology. Already, the Urban Areonautics-owned Tactical Robotics has developed ‘Cormorant,’ an autonomous flying […] Published:1/22/2020 8:31:13 AM
[Politics] Illegal Immigrant Caravans and Criminal Catholics By Michelle Malkin

The latest, lawless migrant caravan hurtling from Honduras to our southern border is as organic as AstroTurf.

Published:1/22/2020 8:31:13 AM
[] Mid-Morning Art Thread: Postmodernism Is Dead. It?s The Remodern Era. [Richard Bledsoe*]
Published:1/22/2020 8:31:13 AM
[] Florida construction worker fatally stabs his 'Trump-loving boss' during a political argument Published:1/22/2020 8:02:07 AM
[Politics] Politico/Morning Consult Poll: Support Dips for Trump's Removal President Donald Trump’s removal from office is still favored by a slim plurality of voters, but support for his ouster continues to decline, according to a new Politico/Morning Consult poll. Published:1/22/2020 8:02:07 AM
[Politics] Everything on Demand By John Stossel

Reporters complain about business. We overlook the constant improvements in our lives made possible by greedy businesses competing for your money. Think about how our access to entertainment has improved.

Published:1/22/2020 8:02:07 AM
[Artificial Intelligence] ServiceNow acquires Loom Systems to expand AIOps coverage ServiceNow announced today that it has acquired Loom Systems, an Israeli startup that specializes in AIOps. The companies did not reveal the purchase price. IT operations collects tons of data across a number of monitoring and logging tools, way too much for any team of humans to keep up with. That’s why there are startups […] Published:1/22/2020 8:02:07 AM
[bac35763-83ed-588f-8681-6f1013d14d10] ‘Monty Python’ star Terry Jones dead at 77 Terry Jones, one of the comedians that made up the famed Monty Python comedy troupe, died at age 77 after battling dementia. Published:1/22/2020 8:02:07 AM
[d9fc4e53-7d32-53df-9cb4-f79db46b42d9] Tucker Carlson: Even if Trump's Senate impeachment trial ends quickly, Democrats may never stop Democrats like Maxine Waters have vowed to continue to try to get President Trump out of office, even after impeachment fails. Published:1/22/2020 8:02:07 AM
[Entertainment] Cody Simpson Weighs In on His Baby Plans With Miley Cyrus Miley Cyrus, Cody SimpsonFirst comes Miley Cyrus and Cody Simpson's love, then comes...babies? During an interview with Australian podcast The Kyle and Jackie O Show, Simpson gave an update on his...
Published:1/22/2020 8:02:07 AM
[worldNews] Pension protest at France's biggest hydro-dam creates power shortfall Energy workers temporarily halted power generation at France's biggest hydro-electricity plant on Wednesday in protest at President Emmanuel Macron's overhaul of the pension system.
Published:1/22/2020 8:02:07 AM
[Markets] Fact-Checking Joe Biden's "Debunked Conspiracy Theory" Memo Telling Liberal Media What To Say About Ukraine Fact-Checking Joe Biden's "Debunked Conspiracy Theory" Memo Telling Liberal Media What To Say About Ukraine

Via JohnSolomonReports.com,

Former vice president Joe Biden’s extraordinary campaign memo this week imploring U.S. news media to reject the allegations surrounding his son Hunter’s work for a Ukrainian natural gas company makes several bold declarations.

The memo by Biden campaign aides Kate Bedingfield and Tony Blinken specifically warned reporters covering the impeachment trial they would be acting as “enablers of misinformation” if they repeated allegations that the former vice president forced the firing of Ukraine’s top prosecutor, who was investigating Burisma Holdings, where Hunter Biden worked as a highly compensated board member.

Biden’s memo argues there is no evidence that the former vice president’s or Hunter Biden’s conduct raised any concern, and that Prosecutor General Viktor Shokin’s investigation was “dormant” when the vice president forced the prosecutor to be fired in Ukraine.

The memo calls the allegation a “conspiracy theory”  (and, in full disclosure, blames my reporting for the allegations surfacing last year.)

But the memo omits critical impeachment testimony and other evidence that paint a far different portrait than Biden’s there’s-nothing-to-talk-about-here rebuttal.

Here are the facts, with links to public evidence, so you can decide for yourself.

Fact: Joe Biden admitted to forcing Shokin’s firing in March 2016.

It is irrefutable, and not a conspiracy theory, that Joe Biden bragged in this 2018 speech to a foreign policy group that he threatened in March 2016 to withhold $1 billion in U.S. aid to Kiev if then-Ukraine’s president Petro Poroshenko didn’t immediately fire Shokin.

“I said, ‘You’re not getting the billion.’ I’m going to be leaving here in, I think it was about six hours. I looked at them and said: ‘I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,’” Biden told the 2018 audience in recounting what he told Poroshenko

“Well, son of a bitch, he got fired. And they put in place someone who was solid at the time,” Biden told the Council on Foreign Relations event.

Fact: Shokin’s prosecutors were actively investigating Burisma when he was fired.

While some news organizations cited by the Biden memo have reported the investigation was “dormant” in March 2016, official files released by the Ukrainian prosecutor general’s office, in fact, show there was substantial investigative activity in the weeks just before Joe Biden forced Shokin’s firing.

The corruption investigations into Burisma and its founder began in 2014. Around the same time, Hunter Biden and his U.S. business partner Devon Archer were added to Burisma’s board, and their Rosemont Seneca Bohais firm began receiving regular $166,666 monthly payments, which totaled nearly $2 million a year. Both banks records seized by the FBI in America and Burisma’s own ledgers in Ukraine confirm these payments.

To put the payments in perspective, the annual amounts paid by Burisma to Hunter Biden’s and Devon Archer’s Rosemont Seneca Bohais firm were 30 times the average median annual household income for everyday Americans.

For a period of time in 2015, those investigations were stalled as Ukraine was creating a new FBI-like law enforcement agency known as the National Anti-Corruption Bureau ((NABU) to investigate endemic corruption in the former Soviet republic.

There was friction between NABU and the prosecutor general’s office for a while. And then in September 2015, then-U.S. Ambassador to Ukraine Geoffrey Pyatt demanded more action in the Burisma investigation. You can read his speech here. Activity ramped up extensively soon after.

In December 2015, the prosecutor’s files show, Shokin’s office transferred the evidence it had gathered against Burisma to NABU for investigation.

In early February 2016, Shokin’s office secured a court order allowing prosecutors to re-seize some of the Burisma founder’s property, including his home and luxury car, as part of the ongoing probe.

Two weeks later, in mid-February 2016, Latvian law enforcement sent this alert to Ukrainian prosecutors flagging several payments from Burisma to American accounts as “suspicious.” The payments included some monies to Hunter Biden’s and Devon Archer’s firm. Latvian authorities recently confirmed it sent the alert.

Shokin told both me and ABC News that just before he was fired under pressure from Joe Biden he also was making plans to interview Hunter Biden.

Fact: Burisma’s lawyers in 2016 were pressing U.S. and Ukrainian authorities to end the corruption investigations.

Burisma’s main U.S. lawyer John Buretta acknowledged in this February 2017 interview with a Ukraine newspaper that the company remained under investigation in 2016, until he negotiated for one case to be dismissed and the other to be settled by payment of a large tax penalty.

Documents released under an open records lawsuit show Burisma legal team was pressuring the State Department in February 2016 to end the corruption allegations against the gas firm and specifically invoked Hunter Biden’s name as part of the campaign. You can read those documents here.

In addition, immediately after Joe Biden succeeded in getting Shokin ousted, Burisma’s lawyers sought to meet with his successor as chief prosecutor to settle the case. Here is the Ukrainian prosecutors’ summary memo of one of their meetings with the firm’s lawyers.

Fact: There is substantial evidence Joe Biden and his office knew about the Burisma probe and his son’s role as a board member.

The New York Times reported in this December 2015 article that the Burisma investigation was ongoing and Hunter Biden’s role in the company was undercutting Joe Biden’s push to fight Ukrainian corruption. The article quoted the vice president’s office.

In addition, Hunter Biden acknowledged in this interview he had discussed his Burisma job with his father on one occasion and that his father responded by saying he hoped the younger Biden knew what he was doing.

And when America’s new ambassador to Ukraine was being confirmed in 2016 before the Senate she was specifically advised to refer questions about Hunter Biden, Burisma and the probe to Joe Biden’s VP office, according to these State Department documents.

Fact: Federal Ethics rules requires government officials to avoid taking policy actions affecting close relatives.

Office of Government Ethics rules require all government officials to recuse themselves from any policy actions that could impact a close relative or cause a reasonable person to see the appearance of a conflict of interest or question their impartiality.

“The impartiality rule requires an employee to consider appearance concerns before participating in a particular matter if someone close to the employee is involved as a party to the matter,” these rules state. “This requirement to refrain from participating (or recuse) is designed to avoid the appearance of favoritism in government decision-making.”

Fact: Multiple State Department officials testified the Bidens’ dealings in Ukraine created the appearance of a conflict of interest.

In House impeachment testimony, Obama-era State Department officials declared the juxtaposition of Joe Biden overseeing Ukraine policy, including the anti-corruption efforts, at the same his son Hunter worked for a Ukraine gas firm under corruption investigation created the appearance of a conflict of interest.

In fact, deputy assistant secretary George Kent said he was so concerned by Burisma’s corrupt reputation that he blocked a project the State Department had with Burisma and tried to warn Joe Biden’s office about the concerns about an apparent conflict of interest.

Likewise, the House Democrats’ star impeachment witness, former U.S. Ambassador Marie Yovanovich, agreed the Bidens’ role in Ukraine created an ethic issue. “I think that it could raise the appearance of a conflict of interest,” she testified. You can read her testimony here.

Fact: Hunter Biden acknowleged he may have gotten his Burisma job solely because of his last name.

In this interview last summer, Hunter Biden said it might have been a “mistake” to serve on the Burisma board and that it was possible he was hired simply because of his proximity to the vice president.

“If your last name wasn’t Biden, do you think you would’ve been asked to be on the board of Burisma?,” a reporter asked.

“I don’t know. I don’t know. Probably not, in retrospect,” Hunter Biden answered. “But that’s — you know — I don’t think that there’s a lot of things that would have happened in my life if my last name wasn’t Biden.”

Fact: Ukraine law enforcement reopened the Burisma investigation in early 2019, well before President Trump mentioned the matter to Ukraine’s new president Vlodymyr Zelensky.

This may be the single biggest under-reported fact in the impeachment scandal: four months before Trump and Zelensky had their infamous phone call, Ukraine law enforcement officials officially reopened their investigation into Burisma and its founder.

The effort began independent of Trump or his lawyer Rudy Giuliani’s legal work. In fact, it was NABU – the very agency Joe Biden and the Obama administration helped start – that recommended in February 2019 to reopen the probe.

NABU director Artem Sytnyk made this announcement that he was recommending a new notice of suspicion be opened to launch the case against Burisma and its founder because of new evidence uncovered by detectives.

Ukrainian officials said that new evidence included records suggesting a possible money laundering scheme dating to 2010 and continuing until 2015.

A month later in March 2019, Deputy Prosecutor General Konstantin Kulyk officially filed this notice of suspicion re-opening the case.

And Reuters recently quoted Ukrainian officials as saying the ongoing probe was expanded to allegations of theft of public funds.

The implications of this timetable are significant to the Trump impeachment trial because the president couldn’t have pressured Ukraine to re-open the investigation in July 2019 when Kiev had already done so on its own, months earlier.

For a complete timeline of all the key events in the Ukraine scandal, you can click here.

Tyler Durden Wed, 01/22/2020 - 08:45
Published:1/22/2020 8:02:07 AM
[Markets] Stock futures edge higher as China moves to contain virus outbreak Futures markets pointed to a higher start for U.S. stocks Wednesday, with investors showing confidence in efforts by Chinese authorities to contain the outbreak of a deadly flu-like virus which has spread to other countries. Published:1/22/2020 8:02:07 AM
[World] NewsWatch: Why one stock-market bull says he’s taking the ‘offense off the field’ Tony Dwyer, a longtime bull and strategist at brokerage Canaccord Genuity, is getting a little nervous and said it is time “to take offense temporarily off the field.”
Published:1/22/2020 8:02:07 AM
[Politics] Trump says he would 'love' for impeachment witnesses to appear, in departing comments at Davos

President Trump on Wednesday blasted Democrats' impeachment case and claimed that national security concerns were preventing administration officials from testifying.

Published:1/22/2020 7:28:49 AM
[Cloud] Thundra announces $4M Series A to secure and troubleshoot serverless workloads Thundra, an early stage serverless tooling startup, announced a $4 million Series A today led by Battery Ventures. The company spun out from OpsGenie after it was sold to Atlassian for $295 million in 2018. York IE, Scale X Ventures and Opsgenie founder Berkay Mollamustafaoglu also participated in the round. Battery’s Neeraj Agarwal is joining […] Published:1/22/2020 7:28:49 AM
[Volokh Conspiracy] [Eugene Volokh] An Interesting Massachusetts Appellate Procedure Rule Reader Max Bauer, responding to my opinion about a rare five-judge federal appellate panel opinion, writes: As you may know, Massachusetts also normally uses a 3-judge appellate panel on each appeal. I thought you might be interested in learning about that rule's exception. Here's how it works. Most Mass. appeals are heard by a 3-judge… Published:1/22/2020 7:28:49 AM
[worldNews] China virus deaths rise to nine, heightening global alarm Deaths from China's new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals.
Published:1/22/2020 7:28:49 AM
[Entertainment] Louis Tomlinson's Look-Alike Son Is So Grown Up You Have to See It To Believe It Louis TomlinsonThere's nothing we love more than this! On Tuesday, Louis Tomlinson's son Freddie rang in fourth birthday with the sweetest little celebration. For the milestone b-day, mom Briana...
Published:1/22/2020 7:28:49 AM
[structure:news] Greek islands stage general strike against migrant camps, saying 'we want our islands back' Published:1/22/2020 7:28:49 AM
[Markets] Bond Report: Treasury yields tick higher as stocks shrug off coronavirus worries U.S. Treasury yields edg up Wednesday with stocks likely to shake off fears around the coronavirus’s spread to other countries from China, which helped to pull equity indexes down from records on Tuesday on concerns about a possible pandemic slowing global economic growth
Published:1/22/2020 7:28:49 AM
[Markets] McDonald's launches employee education app, Archways to Careers McDonald's Corp. said Wednesday that it has launched an app that will help its employees take full advantage of the education benefits the fast-food giant offers. Archways to Careers will serve as a career advising tool that will connect workers with professionals at InsideTrack, a McDonald's partner and coaching organization. The app builds on the Archways to Opportunity program that helps workers learn English language skills, get a high school diploma and provides financial aid for college tuition. McDonald's stock has gained 14.4% over the past year while the Dow Jones Industrial Average is up 19.6% for the period. Published:1/22/2020 7:28:49 AM
[1d74e4e0-b5df-538f-8d32-81c911b2cb03] Meghan Markle's fight to protect son Archie contributed to Megxit: report Meghan Markle had to fight for the protection of her and Prince Harry's son, Archie, and pushback from the palace contributed to Megxit, according to a new report. Published:1/22/2020 7:28:49 AM
[Markets] Tesla Now Valued More Than World's Largest Automaker After Volkswagen-Like Short Squeeze Tesla Now Valued More Than World's Largest Automaker After Volkswagen-Like Short Squeeze

In a delightful turn of irony, the relentless short squeeze that has gripped Tesla shares ever since the Fed launched QE4 in October, a squeeze many have compared to the infamous Volkswagen short squeeze of 2008, sent TSLA shares another 5% higher in the process pushing the electric vehicle maker's market cap above $100 billion for the first time ever, $103BN to be precise, rising above the world's largest automaker Volkswagen (at $100BN), bigger than Toyota. It is now also bigger than GM ($50BN) and BMW ($51BN) combined, and is almost 3 times bigger than Ford ($36.5BN).

The record milestone came less than a month after Tesla''s stock crossed the infamous "funding secured" bogey of $420, the fake LBO price tweeted by Musk in 2018 which put got in much trouble for securities fraud, and which cost Musk his position as Tesla Chairman

More importantly, by surpassing a $100BN market cap, a record-breaking $346MM pay package for Elon Musk is now triggered. However, according to the fine print, the $100 billion valuation must stay for both one-month and six-month average in order to help Musk get the first of 12 tranches of this massive payout.

Putting Tesla's valuation in context, Volkswagen delivered just over 10.8 million vehicles in 2019. By contrast, Tesla deliveres 367,200 cars in 2019, although investors have now bet the farm on the Chinese auto market where Tesla is betting the next leg of its growth will come from.

Last week, Morgan Stanley looked at Tesla's valuation relative to other OEMs and came up with this chart:

Fast forward to today, when the red bar is now about 10% higher.

 

 

Tyler Durden Wed, 01/22/2020 - 08:20
Published:1/22/2020 7:28:49 AM
[Politics] Trump Lauds US Economy at Davos Forum, Slams Impeachment President Donald Trump is leaving the World Economic Forum in Switzerland with bullish talk on the American economy and lashing out at his Senate impeachment trial back in Washington. Published:1/22/2020 7:04:07 AM
[World] Women's March shrinks to a mere 10K Trump haters who can't acknowledge the president's successes

You might have missed news of the 2020 manifestation of the so-called Women's March, the anti-Trump mob masquerading as a women's rights effort. Launched in 2017 after President Trump's win for the presidency and the second abject failure of Hillary Clinton's run for the office, you didn't hear much about ... Published:1/22/2020 7:04:07 AM

[Entertainment] Henry Winkler Slams Rumors He's Been Feuding With Tom Hanks Since 1989 Henry Winkler, Tom HanksFeud? What feud? Henry Winkler just put to bed all talk of his disdain for Tom Hanks. In a new video from TMZ, the Barry actor categorically denied that his supposed decades-long beef...
Published:1/22/2020 7:04:07 AM
[Europe] UK watchdog sets out “age appropriate” design code for online services to keep kids’ privacy safe The UK’s data protection watchdog has today published a set of design standards for Internet services which are intended to help protect the privacy of children online. The Information Commissioner’s Office (ICO) has been working on the Age Appropriate Design Code since the 2018 update of domestic data protection law — as part of a […] Published:1/22/2020 7:04:07 AM
[Markets] Boeing downgraded as analyst forecasts 'disaster' quarter Boeing downgraded as analyst forecasts 'disaster' quarter Published:1/22/2020 7:04:07 AM
[structure:news] Monty Python's Terry Jones dies aged 77 Published:1/22/2020 7:04:07 AM
[Entertainment] Agent says Monty Python star Terry Jones has died aged 77 Terry Jones, a member of the Monty Python comedy troupe, has died at 77 Published:1/22/2020 7:04:07 AM
[Markets] Confirmed Coronavirus Cases Climb To 481 As Outbreak Spreads To Macau, Hong Kong Confirmed Coronavirus Cases Climb To 481 As Outbreak Spreads To Macau, Hong Kong

China's National Health Commission has revised the total of coronavirus cases higher for at least the second time on Wednesday: there are now 473 confirmed patients infected in China alone, though the death toll remained at 9, Reuters reports.

Internationally, the total number of cases has climbed to 481, according to a running count by the SCMP:

As the virus spreads throughout the mainland, health officials in Hong Kong have confirmed that the first case of coronavirus has been detected in the Special Autonomous Region. According to the SCMP, the male patient arrived in Hong Kong on a high-speed train on Tuesday from Wuhan, the Chinese city at the center of the outbreak. He was discovered to have a fever when he arrived at a rail station in West Kowloon, and has now tested positive or the virus three times, the first two at Queen Elizabeth hospital in Jordan.

Local television footage showed the still-unnamed patient being taken from Queen Elizabeth to Princess Margaret Hospital, where the Hospital Authority Infectious Disease Center is located. Several health care workers wearing full protective gear could be seen pushing the patient on a stretcher.

Hong Kong's public rail company, MTR Corp, confirmed that it had been notified by the Department of Health that the patient took a high-speed rail train G5607 from the Shenzhen North station to West Kowloon Station. Officials are now taking steps to disinfect the train.

The virus has also reportedly made it to Macau, which also confirmed its first case on Wednesday, according to the SCMP. Alarmingly, considering that Macau is one of the most popular destinations for the hundreds of millions of vacationers from the mainland looking to travel for the Chinese New Year Holiday this week, Macau's patient zero made it through health screenings for the virus, even though she had been showing symptoms including a cough and soar throat for about a week.

The virus has already spread to Chinese cities including Beijing and Shanghai, as well as to the US, Australia, South Korea, Thailand, Japan and beyond.

Earlier, we reported that China had launched a nation-wide screening effort to detect any remaining cases of the virus, suggesting that there could be many more cases yet to be uncovered. Screeners are looking for symptoms including fever, cough and difficulty breathing, all pneumonia-like symptoms. In addition to the autonomous regions, the virus has been confirmed in at least 13 Chinese provinces.

Beijing has also launched extensive operations to coat whole cities in disinfectant, as the video below shows:

President Trump said earlier during an interview with CNBC's Joe Kernen that the situation in the US is "totally under control" after the first case was identified in Washington state, the CDC announced yesterday.

Asked about criticisms that China wasn't completely transparent about the virus, and initially tried to conceal the fact that it could spread from human to human, Trump said he had a good relationship with President Xi and expected that he could trust the Chinese government.

Chinese officials have warned that the virus has been evolving and mutating as it has traveled. The map below is the NYT's most up-to-date accounting of confirmed cases, though at this point it's already woefully out-of-date.

 

The WHO is meeting on Wednesday to decide whether the outbreak warrants the most serious categorization for global pandemics.

Meanwhile, some experts are warning that on Wednesday the virus has taken a "step closer to full-blown epidemic."

Media reports have been warning people in China and around the world about steps they can take to avoid being infected. Basic steps include frequently washing hands, avoid touching ones eyes, mouth or nose with unwashed hands, clean and disinfect objects, and covering one's mouth and nose during a sneeze, per CNN.

Tyler Durden Wed, 01/22/2020 - 07:58
Published:1/22/2020 7:04:07 AM
[Quick Takes] Faculty and Staff at U. Minnesota to Undergo LGBT Pronoun Training "expected to use the names, gender identities and pronouns specified to them by university members" Published:1/22/2020 7:04:07 AM
[Markets] Futures Movers: Oil lower on forecast for surplus in crude supplies Oil futures were under pressure Wednesday, with fears of an oversupply of crude outweighing a disruption to Libyan production.
Published:1/22/2020 7:04:07 AM
[] The Morning Report - 1/22/20 Good morning kids. Wednesday and the big story is, of course, the sham-peachment "trial" in the Senate where the top items in that category are a breaking/developing story that Adam Schiff-for-Brains is reported to have "mischaracterized" evidence, specifically involving... Published:1/22/2020 7:04:07 AM
[ALLY] 7 High-Yield Dividend Stocks That Could Soar In 2020 Published:1/22/2020 6:31:12 AM
[Politics] Trump Tears Into Fed, Boeing at Davos Forum The United States' gross domestic product growth would have climbed closer to 4% if the effects of Federal Reserve rate hikes had not held on, President Donald Trump said Wednesday. Published:1/22/2020 6:31:12 AM
[Uncategorized] CNN Hires CNBC’s John Harwood, Who Was Caught Colluding With the Hillary 2016 Campaign "regularly offered praise and assistance to Hillary Clinton's presidential campaign, including in the weeks before and after he moderated a Republican presidential debate" Published:1/22/2020 6:31:12 AM
[Politics] Column: Impeachment primer: If you have the law, pound the law. If you don't, pound the table

The facts are mostly undisputed, the strategies are clear, and the two sides have filed their briefs. Get ready for a contentious trial despite Mitch McConnell's best efforts.

Published:1/22/2020 6:31:12 AM
[Volokh Conspiracy] [Josh Blackman] Today in Supreme Court History: January 22, 1890 1/22/1890: Hans v. State of Louisiana argued. Published:1/22/2020 6:31:12 AM
[Entertainment] YouTuber David Dobrik Recalls the Moment Justin Bieber Tickled Him In the Club David Dobrik, Justin BieberJustin Bieber knows how to make the perfect first impression--just ask David Dobrik! On Tuesday, the fan-favorite YouTuber made his late night debut on The Tonight Show Starring Jimmy...
Published:1/22/2020 6:31:12 AM
[worldNews] Iraqi president meets Trump in Davos, discuss foreign troops cut: Iraqi statement Iraqi President Barham Salih met U.S. President Donald Trump in Davos on Wednesday and discussed reducing foreign troops in the country, a statement from the Iraqi presidency said.
Published:1/22/2020 6:31:12 AM
[Markets] Market Snapshot: Stock futures edge higher as China moves to contain virus outbreak Futures point to a higher start for Wall Street Wednesday, with investors appearing to show confidence in efforts by Chinese authorities to contain the outbreak of a potentially deadly, flulike virus.
Published:1/22/2020 6:31:12 AM
[Apps] Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway Tencent, one of the world’s biggest videogaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in the Conan franchise), Dune and some 28 other titles. The deal, when approved, would value the […] Published:1/22/2020 6:31:12 AM
[Entertainment] ‘American Dirt’ is a novel about Mexicans by a writer who isn’t. For some, that’s a problem. “I wished someone slightly browner than me would write it,” said Jeanine Cummins, the author of the highly anticipated book. Published:1/22/2020 6:31:12 AM
[Politics] Senate Approves Rules for Impeachment Trial: No More Witnesses The U.S. Senate plunged into President Donald Trump's impeachment trial with Republicans abruptly abandoning plans to cram opening arguments into two days but solidly rejecting Democratic demands for more witnesses. Published:1/22/2020 5:59:45 AM
[Entertainment] Revolve Around the World: Shop the Japan 2020 Trip E-Comm: Revolve Around the World: Shop the Japan 2020 TripWe love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not E!. If...
Published:1/22/2020 5:59:45 AM
[Markets] Italian Bonds, Stocks Slide As Five Star Leader Steps Aside Italian Bonds, Stocks Slide As Five Star Leader Steps Aside

With his once-vanquished partner-turned-rival Matteo Salvini breathing down his neck, Luigi Di Maio, the longtime leader of Italy's anti-establishment, left-of-center Five Star Movement, has stepped down from his position at the head of the party, though he will continue to serve as Italy's foreign minister in a coalition government with the centrist Democrats.

Di Maio

News of Di Maio's departure is a harbinger of more political turbulence in a country where the ruling coalition is held together by an extremely fragile alliance, hence why Italian assets - including stocks and government bonds - sold off on the news.

Over the past year, Five Star's popularity has been shrinking as its chief rival, Salvini's right-wing League, snatched the crown of most popular party in the country away from M5S.

Di Maio said he will deliver a press conference later this afternoon (at 5 pm in Rome, or 11 am in New York).

Citing reports in Italian newspapers, the FT reports that Di Maio is expected to quit following a wave of defections of MPs who are apparently frustrated with his leadership. Support for the party has declined over the past year, and a resurgent League looks poised to win a critical election this weekend in the region of Emilia-Romagna, the birthplace of Italian socialism.

Tyler Durden Wed, 01/22/2020 - 06:35
Tags
Published:1/22/2020 5:59:44 AM
[Markets] Outside the Box: The way your company can offer health insurance is changing in a fundamental way — and no one knows about it Instead of a company group plan, you pick an Obamacare plan for your Individual Coverage HRA and your employer subsidizes the cost.
Published:1/22/2020 5:59:44 AM
[Markets] Dow Jones Futures Climb As Stock Market Resists China Virus; These 3 Tech Giants Rise Futures rose as the market rally resists China virus fears. Netflix subscriber growth and IBM earnings beat, sending both stocks higher. Tesla just kept racing. ASML earnings were in line. Published:1/22/2020 5:59:44 AM
[worldNews] Russia gets new government in what Putin calls "major renewal" Russian President Vladimir Putin approved a new government on Tuesday which he described as a break with the past, bringing in some fresh faces but retaining many senior ministers.
Published:1/22/2020 5:59:44 AM
[topics:places/spain] Watch: Deadly Storm Gloria smashes parts of Spain Published:1/22/2020 5:59:44 AM
[5b76423f-f871-5b9a-9f9e-2c7b9577ffc5] Meghan Markle, Prince Harry giving up public funding and use of HRH titles: What does that mean? Among the announcements made about Meghan Markle and Prince Harry following their decision to "step back" from royal duties was one detailing new protocol for the duo's royal titles and use of public funding. Published:1/22/2020 5:59:44 AM
[Politics] Sekulow Nails It: 'Why Are We Here?' The Trump impeachment proceeding, which got rolling Tuesday, failed to come alive until about two hours into the proceedings, when suddenly, one of the President's attorneys, Jay Sekulow, wheeled on the culprit who's really on trial the Democrats. Speaker Pelosi, Congressman Schiff, and their whole camarilla, they launched this proceeding and levied the charges and they are the only ones who are required to prove anything. This is something to bear in mind as this drama unfolds. No one... Published:1/22/2020 5:59:44 AM
[structure:news/world-news] Saudi Crown prince implicated in Jeff Bezos phone hacking, UN report to say Published:1/22/2020 5:29:38 AM
[Entertainment] Then and Now: See the 2020 Grammy Nominees' First Red Carpets Grammys Throwback, Lady Gaga 2010Blast from the past! The 2020 Grammy Awards are right around the corner, and music lovers are guaranteed to see an unforgettable show. For one, the annual awards ceremony is chock-full of...
Published:1/22/2020 5:29:38 AM
[f7cfbea0-3ca6-5438-91d8-fc1522cad5bb] Ben Shapiro: AOC preaches economic nonsense leading to exploitation, tyranny and loss of our rights AOC claims economic freedom is economic tyranny. Published:1/22/2020 5:29:38 AM
[Politics] Does Tom Steyer have real momentum or just a ton of money?

The rich Californian's spending is yielding support in a few key states, like South Carolina. The long-shot Democrat also shows some ability to connect with voters.

Published:1/22/2020 5:29:38 AM
[Markets] Tax Guy: A game plan for making the most of employer-issued nonqualified stock options Beware: when the market goes south, you can wind up owing income tax on paper gains that have vanished.
Published:1/22/2020 5:29:38 AM
[Markets] "No Chinese Allowed": Hysteria Grips Asia As Millions Travel Amid Viral Outbreak "No Chinese Allowed": Hysteria Grips Asia As Millions Travel Amid Viral Outbreak

On Wednesday, health officials in China once again announced a sharp increase in the number of reported cases of the mysterious new coronavirus that is now confirmed to have caused at least nine deaths, as we reported last night.

As hundreds of millions of Chinese leave the country for vacation destinations abroad - all part of what the NYT described as the largest human migration on Earth - the hysteria has reached a fever pitch.

In Japan, one shopkeeper in the mountain town of Hakone (a popular vacation destination) has been heavily criticized for hanging a sign outside his door reading 'no Chinese allowed'. The full message displayed on the sign (pictured below) reads: "No Chinese are allowed to enter the store...I do not want to spread the virus."

According to the SCMP, the as-yet-unidentified owner of the confectionery store told the Asahi newspaper that he used a translation application to write the message in Chinese, adding, "I want to protect myself from the virus and I don’t want Chinese people to enter the store."

Japanese tourism officials apologized for the shopkeepers' actions after he was roundly criticized on social media.

Shin Hae-bong, a professor of law at Aoyama Gakuen University, said the store owner was not breaking the law, as Japan doesn't have any laws against discrimination on the books.

And while Chinese tourists could try to take him to court, that would take some time.

"This is obviously wrong, but the only thing that could be done would be for a suit to be filed as many Japanese courts have in recent years ruled against places that bar people based on their nationality," she said.

"The courts have, in those cases, used the International Convention on the Elimination of All Forms of Racial Discrimination for the basis of their rulings."

Meanwhile, back in Wuhan, Chinese officials are taking drastic measures to try and contain the spread of the virus from the city where it was first discovered. Stocks steadied as China’s National Health Commission detailed its plan of action for stopping the virus's spread. According to Bloomberg, health officials said China has stepped up monitoring of transportation links and ordered a near-complete shutdown of the central city of Wuhan, where the virus originated. Officials acknowledged, however, that they’re still grappling to understand the pathogen, which has infected multiple medical workers.

"We are still on a learning curve," said Gao Fu, head of Chinese Center for Disease Control and Prevention. "The disease will continue to develop," he said, adding that it has already changed from its early stages of detection.

However, while Beijing continues with its transparency act to try and calm the panic, China's Weibo users have been expressing their disappointment in their government in unusually blunt terms (considering the amount of censorship that goes on). Users on Weibo and WeChat complained about being left in the dark, and accused the government of endangering lives by waiting to disclose that the virus can travel between humans.

Overnight, the first instances of the virus were reported in Macau, and according to the SCMP, health authorities in Hong Kong are carrying out their third test to confirm that a patient from Wuhan is indeed infected with the virus.

Some 440 cases of the SARS-like virus have been confirmed so far across 13 Chinese provinces. China's medical authorities have 1,394 patients are under medical observation.

All of the deaths so far have been from Wuhan, a city of 11 million people at the center of the outbreak. They include eight men, aged 61 to 87, and one 48-year-old woman. Almost all of those who have succumbed to the virus had preexisting medical conditions.

The most up-to-date map from the NYT (which still doesn't reflect all of the known cases) illustrates just how far the virus has spread both within China, and abroad.

Following confirmation from the CDC that the first case of the virus had been diagnosed in the US, President Trump said during an interview from Davos that his administration has everything "totally under control."

We're still waiting to see if the WHO, which is meeting Wednesday, will declare the outbreak a dangerous pandemic. The outbreak began in a seafood and poultry market in Wuhan, a city of 11 million in central China. Nine have died already. But how many more will succumb before this latest viral plague is contained?

Tyler Durden Wed, 01/22/2020 - 06:03
Published:1/22/2020 5:29:38 AM
[worldNews] Crisis-hit Lebanon's new cabinet to meet for first time Lebanon's new cabinet is due to meet for the first time on Wednesday, bearing a message of support from the United Nations as ministers begin the urgent task of addressing an unprecedented economic crisis.
Published:1/22/2020 5:29:38 AM
[Gadgets] Your Sonos system will stop receiving updates if you have an old device Smart speaker manufacturer Sonos has announced that the company is going to drop support for some of its products. Sonos stopped selling these devices a few years ago. While nothing lasts forever, dropping support is going to have a lot of implications and shows once again that the connected home isn’t as future-proof as expected. […] Published:1/22/2020 5:29:38 AM
[Issues] Government Union Reports Sharp Decline in Political Spending

One of the country's top liberal labor unions is spending dramatically less on political activities and lobbying in union stronghold Oregon, according to its annual report. The state's Service Employees International Union (SEIU) chapter reported just $1.6 million in political activities and lobbying in its 2019 report, down over $500,000 from 2018. The dramatic fall in political spending reflects the union's struggle to maintain its membership after the Supreme Court banned mandatory fees in the 2018 Janus decision. Dues fell by $2 million in the first year after the ruling.

The post Government Union Reports Sharp Decline in Political Spending appeared first on Washington Free Beacon.

Published:1/22/2020 5:00:22 AM
[Markets] The Equal Rights Amendment mandates equality between the sexes — so why are some women against it? The amendment received new life last week as Virginia became the 38th state to approve it.
Published:1/22/2020 5:00:21 AM
[World] TaxWatch: ‘Millions of taxpayers are leaving millions of dollars off their tax returns.’ Why Americans repeatedly overlook this lucrative tax credit This credit prevents millions from slipping into poverty, yet a new study finds many people are not aware of its existence.
Published:1/22/2020 5:00:21 AM
[Markets] French Intellectual Sentenced To 2 Months Jail After Calling Mass Immigration An "Invasion" French Intellectual Sentenced To 2 Months Jail After Calling Mass Immigration An "Invasion"

Authored by Paul Joseph Watson via Summit News,

French intellectual Renaud Camus has been given a 2 month suspended prison sentence for saying that mass immigration into Europe represents an “invasion.”

Camus will only avoid jail by paying 1800 euros to two “anti-racist” organizations, SOS Racisme and the LICRA (International League against Racism and Anti-Semitism).

The writer, who is the author of Le Grand Remplacement (The Great Replacement), was charged with “public incitement to hate or violence on the basis of origin, ethnicity, nationality, race or religion.”

The conviction stems from a November 2017 speech in Colombey-les-deux Eglises to the National Council of European Resistance in which Camus declared, “Immigration has become an invasion.”

“The irreversible colonization is demographic colonization, by the replacement of the population,” said the author, adding,

“The ethnic substitution, the great replacement, is the most important event in the history of our nation since it has existed; as with other people, if the story continues, it will not be that of France.”

Camus also called for a “national consensus of resistance” to oppose Islamization in “the struggle for the salvation of our common civilization, Celtic, Slavic, Germanic, Greek-Latin, Judeo-Christian.”

The part of Camus’ speech that specifically garnered the attention of judges was when he talked about European people being replaced.

Camus said mass immigration “is the substitution, the tendency to substitute everything with its emulator, normalized, standardized, interchangeable: The original with its copy, the authentic with its imitation, the true with the false, the mothers with surrogate mothers, the culture with free time and entertainment.”

France suffers Islamic terror attacks on such a routine basis that it’s barely even an important news story anymore. Many of those terrorists are radicalized by mosques that escape any police scrutiny, but Camus must be punished for his crime of opinion.

And there you have it. Free speech is now a crime in France.

*  *  *

My voice is being silenced by free speech-hating Silicon Valley behemoths who want me disappeared forever. It is CRUCIAL that you support me. Please sign up for the free newsletter here. Donate to me on SubscribeStar here. Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.

Tyler Durden Wed, 01/22/2020 - 05:00
Published:1/22/2020 4:28:41 AM
[11fa248f-1e2d-5f91-b5b3-10dfe70db883] Meghan Markle, Prince Harry ‘were bullied out of the royal family,’ author claims Meghan Markle and her husband Prince Harry will no longer use their royal titles following their “Megxit” deal — but did one member of the British royal family help make this decision? Published:1/22/2020 4:28:41 AM
[15f26c49-bc8a-55cc-b599-b36e71b26a1e] Leslie Marshall: How will Trump’s impeachment affect November elections? Will the impeachment of President Trump help or hurt Democrats? It depends who you ask and if polls are accurate. Published:1/22/2020 4:28:41 AM
[Markets] Livability: 12 reasons to move to the Pacific Northwest From Aplets & Cotlets to sunbreaks and Seahawks, here’s why residents love their PNW.
Published:1/22/2020 4:28:41 AM
[Markets] Trump says coronavirus outbreak is 'under control' as he calls for more Fed rate cuts President Donald Trump said the U.S. has the outbreak of the coronavirus under control and has been briefed by the Centers for Disease Control and Prevention. Speaking to CNBC, Trump said he wasn't worried it would turn into a pandemic and said the only person infected had flown in from China. He repeated his view that the impeachment is a "hoax." Trump batted away a question on whether the Fed's balance sheet was the prime reason for the stock-market gains. He said Fed interest rates should still go lower because the dollar is strong. Published:1/22/2020 4:28:41 AM
[Markets] Trump calls for more Fed rate cuts due to U.S. dollar strength Trump calls for more Fed rate cuts due to U.S. dollar strength Published:1/22/2020 4:28:41 AM
[worldNews] Pandemic fears grow as China virus toll rises to nine The death toll from a new flu-like coronavirus in China rose to nine on Wednesday with 440 confirmed cases, Chinese health officials said as authorities stepped up efforts to control the outbreak by discouraging public gatherings in Hubei province.
Published:1/22/2020 4:28:41 AM
[World] The Wall Street Journal: Bezos phone was hacked after Saudi crown prince sent video, U.N. report expected to say Cybersecurity experts hired by Amazon.com Inc. founder Jeff Bezos have alleged that his phone was probably hacked in 2018 by a WhatsApp account associated with Saudi Crown Prince Mohammed bin Salman, according to a person familiar with the matter.
Published:1/22/2020 4:28:41 AM
[Markets] Dow Jones Newswires: Sage Group backs FY 2020 guidance after strong quarter Sage Group PLC said Wednesday that trading in the first quarter of fiscal 2020 was strong as it benefited from revenue growth and backed its guidance for the full financial year.
Published:1/22/2020 4:00:49 AM
[worldNews] Cathay says crew can wear masks on all flights due to new coronavirus Hong Kong's Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for free through Feb. 15.
Published:1/22/2020 4:00:49 AM
[topics:in-the-news/coronavirus] Passengers from virus-hit region of China to be separated at Heathrow Published:1/22/2020 4:00:49 AM
[Issues] Montana Moms Fight For Religious Schools

A group of Montana mothers will take their religious discrimination battle to the Supreme Court on Wednesday in a landmark case that could affect millions of schoolchildren.

The post Montana Moms Fight For Religious Schools appeared first on Washington Free Beacon.

Published:1/22/2020 4:00:49 AM
[World] Next Avenue: Are probiotics a waste of money? A physician and naturopath weigh in about these supplements — a $43 billion industry.
Published:1/22/2020 4:00:49 AM
[AMZN] Amazon: You Can Do Better, Here's Why Published:1/22/2020 3:27:27 AM
[00db38fd-c4f4-5f43-a19e-2bcfe57455e8] Sen. Marsha Blackburn: Impeachment trial is a political farce – no more witnesses or documents are needed No additional witnesses or documents are necessary for the impeachment trial. To admit them would be to legitimize Democrats’ caricature of fairness, and the continuation of a process that will never be more than a political farce. Published:1/22/2020 3:27:27 AM
[structure:news/uk-news] Suspect held over Battersea Christmas Eve murder Published:1/22/2020 3:27:27 AM
[worldNews] Italy's Di Maio to quit as 5-Star leader: source Luigi di Maio will step down as leader of Italy's co-governing 5-Star movement on Wednesday, a senior party source said, as it seeks to stem a wave of defections that threatens the government's majority in the upper parliamentary house.
Published:1/22/2020 3:27:27 AM
[Markets] Majority Of CEOs Fear Persistent Global Slowdown, Most Since 2009  Majority Of CEOs Fear Persistent Global Slowdown, Most Since 2009 

PricewaterhouseCoopers' (PWC) Annual Global CEO Survey has revealed that pessimism among more than half of the CEOs surveyed across the world are bearish on the global economy. 

PWC surveyed 1,581 chief executives in 83 territories, found 53% projected a decline in the rate of global economic growth this year. Only 27% of CEOs are "very confident" that 2020 will turn out to be a prosperous year. The number of bearish CEOs is at the highest level since 2009. 

PWC said the findings are "compelling because the change in CEOs' revenue confidence has proven to be a reliable indicator of both the direction and the level of global GDP growth in the year ahead." 

The study was conducted from September to October 2019, published Monday as the World Economic Forum begins in Davos, Switzerland, and the IMF released its report slashing global GDP growth for the 6th consecutive time. 

Pessimism was on a global scale, in every region of the world, including Africa, Asia-Pacific, Central, and Eastern Europe, Latin America, the Middle East, North America, and Western Europe. CEOs were the most bearish in North America, with at least 63% indicating global growth would decline over the next 12 months. 

CEO's confidence in internal revenue growth for the next 12 months and three years, along with global GDP growth, has declined over the last two years to levels not seen since after the financial crisis. The subdued outlook suggests that the global economy is stuck in a low-growth period, where investments by executives are being dialed back as macroeconomic headwinds persist. 

PWC ran a regression analysis on the change in CEO confidence and found that global GDP growth is expected to decline this year. 

In a separate report, WEF President Borge Brende warned the world is "faced with a synchronized slowdown in the global economy. And we're also faced with a situation where the ammunition that we have to fight a potential global recession is more limited."

We noted last week that 97% of US CFOs surveyed by Deloitte believe a recession could arrive by the end of the year. 

The melt-up in stocks is happening at a time when executives are selling shares at the highest degree in nearly two decades – comes at a time when the market's most important pillars of support - buybacks – are declining. 

What could go wrong?

Tyler Durden Wed, 01/22/2020 - 04:15
Published:1/22/2020 3:27:27 AM
[Markets] Dow Jones Newswires: Daimler 2019 earnings sink and automaker sees diesel-related expenses Group earnings before interest and taxes were EUR5.6 billion in 2019 compared with EUR11.1 billion a year earlier, the German premium car maker said. Figures are preliminary.
Published:1/22/2020 3:27:27 AM
[Markets] Syrian Fighters Abandon Libyan War, Flee Towards Italy: Report Syrian Fighters Abandon Libyan War, Flee Towards Italy: Report

Via AlMasdarNews.com,

Some Syrian fighters that went to fight in Libya have since abandoned the war and fled to Italy, opposition media sites claimed, as cited by Al-Watan.

According to the reports, at least 17 of the Syrian fighters have already arrived in Italy after spending a short period of time inside Libya.

Image via AMN

The reports said that the Syrian fighters intentionally accepted the deployment to Libya in order to later escape into Italy.

According to the Syrian Observatory for Human Rights (SOHR), some 2,400 Syrian fighters have already traveled to Libya thus far.

Another 1,200 fighters from a number of factions in the Free Syrian Army (FSA) are expected to make their way to Libya in the coming weeks. Middle East-based reporter for The Investigative Journal Lindsey Snell was told by a Libyan National Army (LNA) source:

“The mercenaries don’t believe that they will be returning to Turkey or Syria, so trying to get to Europe is the most logical option for them,” the source said.

"And now, according to the LNA source, it appears that one escaped ISIS member managed to join a Turkish-backed militant faction bound for Libya and attempt to make his way to Europe," The Investigative Journal reported further.

Last month, Bloomberg News released a story about Turkey offering contracts to Syrian fighters in order to help the Libyan Government of National Accord (GNA).

Since then, several fighters have been seen inside of Libya, most notably near the capital city of Tripoli.

Tyler Durden Wed, 01/22/2020 - 03:30
Tags
Published:1/22/2020 2:59:04 AM
[worldNews] Australia evacuates parts of its capital as bushfire conditions return Residents of the Australian capital Canberra were evacuated on Wednesday after a bushfire broke out near the airport as searing temperatures returned, ending a few days of respite, and the number of out-of-control blazes surged in the southeast.
Published:1/22/2020 2:59:04 AM
[structure:news/world-news] US Senate approves rules for Trump impeachment trial as Democrats build case for 'cover up' Published:1/22/2020 2:59:04 AM
[Comedy] soft hours

Between the hours of 2-3:30 in the AM where you become a mushy loving, uncontrollable mess. Where you say sentimental things you regret/ deny saying later that same morning.

Guy 1: Bruh, do you know what time it is?
Guy 2: Nah bruh.
Guy 1 (with tissues and tears runnin down his face): its them soft hours.
Guy 2 (now cryin and hugging Guy 1): fuck bruh i love you so much you are my rock my everything my world i couldnt live without you.

In the morning:

Guy 2: we never speak of this again.

Published:1/22/2020 2:27:25 AM
[worldNews] South Korean military moves to discharge first transgender soldier The South Korean military announced on Wednesday it will discharge a soldier who underwent gender reassignment surgery, in a landmark case that sparked a national debate about the treatment of transgender members of the armed forces.
Published:1/22/2020 2:27:25 AM
[Education] What You Need to Know About Religious School Case at the Supreme Court

Should families be able to use school choice tax credits on religious schools? That’s the question that’s at the heart of Espinoza v. Montana Department... Read More

The post What You Need to Know About Religious School Case at the Supreme Court appeared first on The Daily Signal.

Published:1/22/2020 2:27:25 AM
[Markets] Dow Jones Newswires: U.K. regulator to probe Daily Mail’s ‘i’ newspaper buy The regulator said that it is considering whether the deal by DMG Media Ltd.--a Daily Mail & General Trust unit--for JPI Media, owner of the “i” newspaper, would lead to a “substantial lessening of competition” within the U.K.
Published:1/22/2020 2:27:25 AM
[worldNews] Italy's PM says would respect Di Maio's decision to quit as 5-Star leader Italy's Prime Minister Giuseppe Conte said on Wednesday that he would respect a decision by Foreign Minister Luigi Di Maio if he were to decide to step down as leader of the co-ruling 5-Star Movement.
Published:1/22/2020 1:58:21 AM
[Markets] Iranian MP Announces $3 Million Bounty For President Trump's Head Iranian MP Announces $3 Million Bounty For President Trump's Head

ISNA News reports Tuesday that an Iranian lawmaker offered $3 million for a bounty on President Trump's head after the assassination earlier this month that killed Qassem Soleimani, the head of Iran's elite Quds military force and one of the most influential people in the country.

"On behalf of the people of Kerman province, we will pay a $3 million reward in cash to whoever kills Trump," lawmaker Ahmad Hamzeh told parliament. 

There was no mention from Hamzeh if the bounty had official backing from Iran's clerical leaders.

Kerman is the capital of the Kerman Province in Iran – the 10th most populous city. It's also the region where Soleimani was born. 

"If we had nuclear weapons today, we would be protected from threats ... We should put the production of long-range missiles capable of carrying unconventional warheads on our agenda. This is our natural right," the lawmaker added. 

During Solemani's funeral -- NBC News' Tehran Bureau Chief Ali Arouzi tweeted that one of the funeral organizers said if all Iranians donate $1 each, they could raise an $80 million bounty for President Trump's head. 

It seems Kathy Griffin was only three years too early...

Tyler Durden Wed, 01/22/2020 - 02:45
Published:1/22/2020 1:58:21 AM
[Markets] Dow Jones Newswires: J Sainsbury CEO Mike Coupe to retire; Simon Roberts appointed The U.K. retail group said Coupe will remain in his role until the end of May, and will remain a director until July 2, at which point he will retire.
Published:1/22/2020 1:58:21 AM
[World] Dow Jones Newswires: Pets at Home delivered strong same-store revenue growth over Christmas Pets at Home Group PLC said Wednesday that it had a record-breaking Christmas with like-for-like revenue growth of 7.2% over the 12-week period.
Published:1/22/2020 1:58:21 AM
[8e5740b6-cad3-5593-856b-530b38e0463d] Pamela Anderson's marriages: A look back Anderson recently wed film producer Jon Peters in a secret ceremony, making him her fourth husband and fifth marriage. Published:1/22/2020 1:27:08 AM
[topics:people/prince-harry] Wednesday morning news briefing: Prince Harry's war with paparazzi Published:1/22/2020 1:27:08 AM
[f4e0b3da-6dd5-5294-84a6-f31e9dfacb4f] Christian rapper TobyMac's son cause of death revealed to be accidental overdose Christian rapper TobyMac's son Truett Foster's cause of death has been ruled an accidental drug overdose. Published:1/22/2020 1:00:50 AM
[Markets] Pope Francis Calls For Marxist Economic Summit Pope Francis Calls For Marxist Economic Summit

Authored by Antonius Aquinas,

As if there needs to be further evidence that the current occupant of St. Peter’s Chair in Rome is a Marxist, the announcement of an upcoming conference at Assisi entitled the “Economy of Francesco” should convince any skeptic otherwise.

In his invitation letter to “young economists and entrepreneurs worldwide,” Bergoglio sets the agenda for the Leftist confab quite clearly which is virulently anti-market, a call for massive redistribution of wealth, and a reordering of the current economic systems of the world with a healthy dose of climate change nonesense:

...a different kind of economy: one that brings life not death, one that is inclusive and not exclusive, humane and not dehumanizing, one that cares for the environment and does not despoil it.

While Bergoglio’s Marxist credentials have been firmly established, his blasphemous actions and words has a growing number outside of “sedevacantist circles” calling him a heretic.  The legitimacy of “Pope Francis,” however, is more fundamental than him being a manifest heretic, but his standing as a legitimate pope is invalid since his ordination as a priest and his consecration as a bishop came under the new rites of Holy Orders instituted in the wake of the Second Vatican anti-Council (1962-1965).

The mastermind behind Bergoglio’s summit is professor Luigino Bruni and from his comments he sounds more radical than the Argentine Apostate, if that is possible.  Professor Bruni wants to use taxation as a weapon to “redistribute income and wealth from the rich to the poor.”

Bruni, a professor of political economy at the Italian University, LUMSA, and the author of a number of books, basis his advocacy for redistribution of wealth on the Scriptures:

[T]he Bible has many words to offer our economic life and ideas [with] the transformation of wealth into well-being.

It appears that the good professor’s Bible is missing the Seventh Commandment of the Decalogue which solemnly states: THOU SHALL NOT STEAL!  In no legitimate commentary ever written on this Commandment is there an exception made for the confiscation of wealth from the well-to-do to be given to the poor.  Probably just an oversight on the Professor’s part.

Because they are blinded by socialistic ideology, Bruni, Bergoglio, and the likes of Bernie Sanders cannot see that the growing wealth inequality which they complain about is not the result of “capitalism,” but is the outcome of the monetary policy of the world’s central banks.  This, along with tax policies which hamper innovation and shield the entrenched financial class from competition, is why financial elites are able to maintain and increase their power.

Central bank policy of suppressing interest rates and of money printing allow banks and financial institutions to receive “free money” which they can invest and speculate with at zero cost.  The boom (actually a bubble) in asset prices on Wall Street is a demonstration of how wealth disparity takes place.

If Bergoglio really meant to reform the present system, he would call for the abolition of central banking and a return to “hard money.”  Under such an order, banks and financial institutions become wealthy on their ability to make prudent investment decisions subjected to profit and loss.  A free market in banking is the antithesis of the current system of credit expansion and money printing.

Not only have Bergoglio and his cohorts abandoned the Faith, but they have also overturned the Church’s long-held condemnation of socialism and have ignored many of its own outstanding thinkers on financial matters.  From the Scholastics to the School of Salamanca through the Jesuits and the great Cardinal Cajetan, who finally taught the proper doctrine on interest rates, the Church has produced scores of eminent economic thinkers in its long history.

School of Salamanca

Ever since socialism reared its ugly head as a social system of thought, the Church has warned of its dangers even its more milder forms as Pope Pius XII wrote, “No Catholic could subscribe even to moderate socialism.” 

Since Vatican II and especially under Bergoglio’s regime, however, Leftist ideas of all sorts have been warmly embraced.

At the heart of socialism, be it Marxism or its equally pernicious variants, lies envy which became a part of the human condition with the fall of man.  While once condemned, envy has been turned into a virtue by the likes of Bergoglio.

While such ideas may sound appealing to human sensibilities, they will not pass the Divine Judge who knows the thoughts and souls of all His creatures even those of supposed popes.

Tyler Durden Wed, 01/22/2020 - 02:00
Published:1/22/2020 1:00:50 AM
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