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Author Topic: Corruption in Government  (Read 15576 times)

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AGelbert

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Re: Corruption in Government
« Reply #1050 on: October 27, 2019, 08:41:35 pm »
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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Why it’s such a big deal that Donald Trump is suddenly selling his Washington DC hotel

Cheryl Kelley | 4:43 pm EDT October 27, 2019
Palmer Report » Analysis

By all accounts Donald Trump’s DC hotel is one of his most profitable assets. Not coincidentally, it’s a convenient way for lobbyists and foreign governments to give money to Trump. They simply get a large contingent of people to stay at the hotel and spend lavishly while they are there. So why sell such a goldmine?

If you look at the situation in its entirety, Trump really has to sell it now to maximize the asset, and the reasons why are the same types of conflicts the emoluments clause and ethics rules are designed to prevent.

Trump’s DC hotel is profitable specifically because he is President and lobbyists and foreign leaders have spent millions at the hotel in the last three years. If Trump were not President who knows if the hotel would ever have turned a profit at all. The Huffington Post reported in 2017 that the hotel was indeed losing money before he won the election.

Most valuation methods use the last three years of profits to calculate a return on investment (ROI). This means that right now is the first time the inflated and illegally-gotten profits from the Trump hotel will be completely calculated into the equation to determine the value of the hotel, and time is ticking. By the time Trump is a lame duck President, just one year from now, fewer lobbyists and foreign officials will be willing to spend at his hotel to buy influence.

Even more dramatic in terms of inflating the value of this asset is the straight-up pay-to-play bribery potential of such a sale. Let’s assume the market value of the hotel, if Trump had never become President, is $250 million. Now let’s assume Mark Zuckerberg wants the government to agree to not impose tighter regulations on Facebook for two years – saving him billions. Zuckerberg could, through shell companies, agree to purchase the Trump hotel for $500 million, and Trump could, in turn, delay regulating Facebook. A straightforward bribe that could be surprisingly difficult to prove.

Now imagine, instead of Mark Zuckerberg, wanting deregulation, the potential buyer is the Saudi Arabian prince wanting US military action. This is why it really matters that the President of the United States divest him or herself from business interests that can present a conflict of interest or be used as vehicles to facilitate bribery.

So, the original question was why would Trump want to sell his most profitable asset right now? The answer is as simple as it is awful: that asset will never be more valuable than it is now. No one will be banging down his door to funnel large amounts of bribery money to him when he is no longer president, and if he is not imprisoned, he will be too much under a microscope to continue laundering large amounts of money. For Donald Trump the time to cash in is now, while he still has power to 😈 trade.

https://www.palmerreport.com/analysis/hotel-selling-dc-donald-trump-big-deal/22394/
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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🐘 Florida Gov. 🐍 Ron DeSantis Under Fire for Link to Giuliani's Indicted Associates

THOMAS KENNEDY, TRUTHOUT

Florida Gov. Ron DeSantis has never shied away from presenting himself as a loyal acolyte of President Trump and his extremist far-right agenda. Now, like Trump, he is under scrutiny after recently uncovered photographs showed him consorting with two associates of Rudi Giuliani indicted for allegedly circumventing federal campaign finance laws to funnel foreign and dark money to political candidates in exchange for influence.

Read the Article →
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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"Birds" of a CRIMINAL CHILD RAPIST "feather"


The story of 👹 Jeffrey Epstein’s death takes a surreal new turn

Bill Palmer | 3:40 pm EDT October 30, 2019
Palmer Report » Analysis

With just about everything going wrong for Donald Trump that can possibly go wrong for him right now, the last thing he needs is his child molester friend Jeffrey Epstein back in the headlines, right? So naturally, Epstein is back in the headlines today. Even worse, the headlines are talking about Epstein having possibly been murdered.

Before anyone gets too carried away, keep a few things in mind. The forensic pathologist hired by Jeffrey Epstein’s family is merely pointing to some broken neck bones that are more consistent with murder than suicide. This isn’t even necessarily something new, as these broken bones were discovered in the original autopsy. This pathologist is simply arguing that the coroner may have made the wrong conclusion.

Further, the pathologist made his case this morning exclusively on Fox & Friends, one of the very least reputable shows on the least reputable cable news network. In fact the only logical reason someone would choose to appear on the laughably disreputable Fox & Friends is if they’re trying to get a message to Donald Trump, who is a devoted viewer.

In fact that may be Donald Trump’s biggest problem here. Jeffrey Epstein’s family is suddenly sending someone on Trump’s favorite TV show to promote months-old information about inconsistencies in Epstein’s autopsy. Why? Is this to send some kind of a message to Trump? Does Epstein’s family know more about Trump than they’re letting on? Stay tuned, because whatever is going on here, it’s probably just getting started.

https://www.palmerreport.com/analysis/jeffrey-epstein-death-tak-surreal-new-turn/22493/

Quote
Patricia Caron 👍
I firmly believe that Donald J. Trump was just as much a child sexual predator as was his good friend Jeffrey Epstein. They rode together many times in the same airplane and I just don't see Trump as someone who will stroke his chin and decide that hitting on a child sexually is something immoral. I think he was a very active participant in all his glory when he was taking advantage of a vulnerable child who could not fight back. That's his kind of challenge being the cowardly buffoon that he is.

Dan DePrez 👍
The most interesting comment to me was the former medical examiner's statement that in all his years of work, he has never before seen a case where a suicide occurred in a cell when both guards were asleep at the time and security cameras just happened to not work at that same moment.
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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Donald 🦀 Trump 😈 nominee goes berserk during confirmation hearing

Ron Leshnower | 11:10 am EDT October 31, 2019
Palmer Report » Analysis

While announcing on Sunday that ISIS leader Abu Bakr al-Baghdadi was killed, Donald Trump took delight in inventing a detail that no other government official could back up, claiming that al-Baghdadi was “whimpering” and “crying.” While this appears to have been one of Trump’s millions of small lies, the tears and whimpers that came from a 🦀 Trump nominee at a Senate confirmation hearing today were quite real.

Deputy Assistant Attorney General 😈 Lawrence VanDyke, who is being considered to be a judge on the Ninth Circuit, shamelessly broke down when presented with a letter from the American Bar Association to the Senate Judiciary Committee deeming him “Not Qualified” to serve. The letter, which was based on 60 interviews with current and former colleagues, was like a powerful mirror reflecting a disappointing and disgraceful career.

The ABA found that a “substantial majority” of its Standing Committee members reached their conclusion after reviewing the interviews as well as material such as certain emails, news reports, and opinion pieces. Despite having an impressive background on paper, VanDyke was widely known to be “arrogant, lazy, an ideologue, and lacking knowledge of the day-to-day practice including procedural rules.” The letter also exposed VanDyke as conducting himself without humility but with a strong sense of entitlement, while having a lack of an open mind and an unreliable commitment to being truthful.

The one positive remark in the letter, that VanDyke “is clearly smart,” was mentioned only in the context of explaining that despite this attribute, VanDyke still managed to miss “issues fundamental to the analysis of the case” and also appeared to do a better job when he was personally or politically interested in a particular case.

Not surprisingly, when Republican Senator John Hawley questioned VanDyke today about the ABA letter, he categorized it as “full of all kinds of, frankly, hearsay” while attacking the ABA for having conflicts of interest and failing to offer due process. When Hawley brought up a part of the letter indicating that interviewees accused VanDyke of not being fair to members of the LGBTQ community, he broke down.

Through tears and whimpering, VanDyke insisted that it’s “a fundamental belief of mine that all people are created in the image of God, and they should all be treated with dignity and respect.”

The scene was eerily reminiscent of Brett Kavanaugh’s disgusting confirmation hearing. Both men are highly unqualified 🦀 Trump nominees who just could not bear the thought of “losing” something they claimed to be theirs. Senator Hirono’s tweet 👍 this evening summed it all up perfectly: “Lawrence VanDyke is among the worst of the worst. He’s attacked civil/human rights, opposed reproductive rights, and undermined gun safety regulations, and more. He doesn’t belong on the 9th Circuit.

https://www.palmerreport.com/analysis/nominee-berserk-confirmation-hearing-donald-trump/22526/
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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Exposing 🐘 Republican's 😈 Malicious Christmas Plans

9,265 views•Oct 30, 2019


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What are Republicans planning for Christmas? Thom Hartmann exposes the Frightening Plans Republicans have for Christmas that could leave you seeing double.

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Will the Republican Two Santa Theory work on the America people, letting the billionaires get coal bailouts for the holidays or will the American people see through it. 

Judd Wanniski's Two Santa Clause Theory has been a Republican tactic since the 1980s and it looks like they are up to their old tricks again.

Share this video with your friends to let them know about the upcoming Republican scheme to steal your social security, cut social safety nets and blame it all on the Democratic Party.

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Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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Trump & GOP Bribe Morbidly Rich With More Tax Cuts
« Reply #1056 on: November 06, 2019, 08:30:38 pm »
Trump & GOP Bribe Morbidly Rich With More Tax Cuts
2,130 views•Nov 5, 2019


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Donald Trump and the Republican party are working to bribe corporations and the rich with even more extreme tax cuts!
 
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Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

Surly1

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Re: Corruption in Government
« Reply #1057 on: November 07, 2019, 09:27:29 am »
"Morbidly Rich" is a perfect descriptor, in my book.

AGelbert

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"Morbidly Rich" is a perfect descriptor, in my book.

Yep, that wealth stolen out of the pockets of we-the-people is quite literally killing this country's middle and lower class. Reasonable, dignified living standards of those classes that do 99.999% of ALL THE WORK has ALWAYS been the only thing that preserves national stability.

This article by Zero Hedge, of all places (gold is where you find it! ;D), clearly shows how destructive this continuous wealth transfer up to the morbidly rich is. Except for the last sentence, where it makes a false equivalence between the real Sanders populist (and the non-populist Democrat Warren) with the 🦀 Trump FAKE populist, the article is prophetic of coming extremely violent upheavals targeting TPTB. The American Fascists 'R' US oligarchs had better pay attention.

"The World Has Gone Mad": Albert Edwards Shows How "Trickle Down" QE 💵🎩😈 Works In One Chart

by Tyler Durden
Thu, 11/07/2019 - 11:52

It's been a year of record equity outflows...   :o


... and yet the S&P 500 is trading at all time highs. How is that possible?    

Perhaps instead of trying to explain or justify it, one should just go with the flow and indeed, Albert Edwards starts off his latest letter by pointing out the obvious: "the world has gone mad." Here's why:

it’s not just equities rising to record highs… Christie’s US recently sold two pairs of late 1990s tortoiseshell sunglasses for $2,750, massively outstripping their $200-300 estimate. The ‘Not-QE4’ liquidity splurge has sent risk assets bananas, so the economic narrative has become one in which the US economy is “robust”. No it isn’t. And labour’s fightback has a recessionary downside.

While the simple answer why equities continue to soar even as investors liquidate their equity exposure is thanks to nearly $4 trillion in buybacks...


... Edwards finds a more apt culprit: "The surge in equity markets has come on the back of the Fed hosing liquidity into the banking system via repos and T-Bill purchases." So is it QE or is it "not QE"? Here is Edwards snarky answer:

Remember this is not QE4, as the Fed has repeatedly assured us. Tell that to the equity market, which is certainly reacting as if it was as it as forges to new all-time highs. We have heard these Fed denials before. Remember Bernanke assured investors that QE was different to monetisation because everybody knew with certainty that the Fed was going to take all the QE back. Well, that worked well, didn't it?

To this all we can add is that "Not QE" is adding between $60 billion and $100 billion in liquidity every month. So, yeah, there's that.

Ok, fine, it is QE, but is that really bad? Well, yes. Here's Edwards:

In my opinion QE is totally discredited. I believe it had only a marginally positive impact on economic growth (mainly by driving exchange rates down, most notably in the eurozone and Japan). But the damage QE did in terms of wealth inequality compounded years of painful income inequality.

Oh, and here is the CEO of the world's biggest hedge fund, Ray Dalio, sounding just like this website in 2009 (and every year after):

money is essentially free for those who have money and creditworthiness, it is essentially unavailable to those who don’t have money and creditworthiness, which contributes to the rising wealth, opportunity, and political gaps. Also contributing to these gaps are the technological advances that investors and the entrepreneurs that I previously mentioned are excited by in the ways I described, and that also replace workers with machines. Because the “trickle-down” process of having money at the top trickle down to workers and others by improving their earnings and creditworthiness is not working, the system of making capitalism work well for most people is broken.

Going back to Edwards, the SocGen strategist notes that "investors are desperate to believe this is a rare mid-cycle pause. The ‘markets’ write the economic narrative so the S&P's surge to all-time highs is prompting commentary that the economy is doing just fine. No it's not." Not surprisingly, Edwards urges readers here to read Ray Dalio's recent comment.

Dalio thinks the world has gone mad and if Christie's recent auction is anything to go by, he is right. The good news: as I show inside, labour is fighting back hard to get its rightful share of national income. The bad news: the fightback has triggered a savage corporate profit margin squeeze that is already severe enough to trigger an investment-led recession.

Here Edwards points to the following chart to demonstrate where in the business cycle corporate profit margins are right now:


Of course, the fact that S&P earnings have been negative Y/Y for the past three quarters, and are expected to drop again in Q4, merely confirms this. It is also why nobody is believing the market at all time highs represents anything besides another massive liquidity injection by the Fed and, of course, continued record buybacks.

Which then brings us to the punchline - in response to Dalio, shouldn't QE have "trickled down" at least a bit? The answer is no, as Edwards shows so vividly in the chart below, and explains: "The proverbial "Jo six-pack" isn't stupid. He/she can fully understand how trickle-down has really worked (see slide below)."


And so, in a world that is once again crushing the middle class, Edwards' conclusion is spot on:

No wonder the US looks poised to elect another populist: Warren 👍, Sanders 👍 or 🦀 Trump ( ) -
what's the difference?


https://www.zerohedge.com/markets/world-has-gone-mad-albert-edwards-shows-how-trickle-down-qe-works-one-chart

Agelbert NOTE: Maybe the morbidly rich will continue to believe the half truth (pun intended ;D) that they "can always hire half the people to fight (vote against, cheat, abuse, lie to, kill, etc., you get the Jay Gould idea) the other half". That "works" ONLY when the government has the consent of the governed. Otherwise, it does not. We are almost there. If Trump stays in office, we will BE 💥 THERE.

« Last Edit: November 07, 2019, 02:03:06 pm by AGelbert »
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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How Wall Street Demolished the American Dream!
« Reply #1059 on: November 11, 2019, 07:24:57 pm »
How Wall Street Demolished the American Dream!

3,164 views•Nov 11, 2019


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Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream!

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From the publisher, In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

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📢 Right Wing ☠️ Oligarchs Behind Bolivian Coup Exposed!
2,038 views•Nov 12, 2019


Thom Hartmann Program
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A Coup just took place in Bolivia, orchestrated by right wing militants and oligarchs looking to get rich off Bolivia's natural resources.
 
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President Evo Moralas resigned and fled from La Paz the capital of Bolivia and arrived in Mexico. The vice president and several other in succession have also resigned from the Bolivian government.

How will this affect Latin America and the US? The increasing authoritarian control in parts of Latin America and South America is worrying.

Gullaume Long from Ecuador joined Thom to enlighten us on what is going on in La Paz Bolivia.

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BLACK BEAR NEWS: Bolivian Coup - Hong Kong
« Reply #1061 on: November 13, 2019, 08:50:28 pm »
BLACK BEAR NEWS: Bolivian Coup - Hong Kong
272 views•Nov 13, 2019


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Bolivia opposition leader declares herself president after Evo Morales’ resignation
https://www.foxnews.com/world/bolivia...

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AGelbert

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"No, No, You Guys; This US-Backed Military Coup Is Perfectly Legitimate!"
Thu, 11/14/2019 - 10:48

Authored by Caitlin Johnstone via Medium.com,

I just keep tripping on how dumb this latest US-backed military coup is. It’s in Bolivia in case you’ve lost track, which would be perfectly understandable since US-backed coups have become kind of like US mass shootings — there’s so many of them they’re starting to blend into each other.

I mean, for starters the justifications for this one are so cartoonishly reachy and desperate it boggles the mind a bit. The main argument you’ll see in favor of the coup is that Evo Morales was elected after Bolivia’s high court ruled that he could run for a fourth term, but the (democratically elected) court ruled against a 2016 referendum on presidential term limits.

That’s it. That weird, pedantic appeal to a particular interpretation of bureaucratic technicalities is the whole entire argument in support of a literal military coup backed by the United States.

And make no mistake, that’s exactly what this was: the military ousting a government is precisely the thing that a coup is. The coup’s Christian fascist leader Luis Fernando Camacho openly tweeted that the military was actively pursuing Morales’ arrest prior to the ousted leader’s escape to Mexico, a tweet he later deleted presumably because the admission makes it much harder to call this military coup anything other than the thing that it is. The Grayzone has published an article documenting this coup’s many ties to Washington. Put it all together, and you’ve got a US-backed military coup.

Caitlin Johnstone ⏳
@caitoz
Camacho has deleted the tweet Golinger links to openly admitting that the military were pursuing the arrest of ousted Bolivian president Evo Morales. Luckily it's been archived here: http://archive.is/iSq8U  https://twitter.com/evagolinger/status/1193704121565696000

Twitter
archived 11 Nov 2019 02:32:20 UTC

archive.is
Eva Golinger

@evagolinger
Fascist coup leader Luis Camacho confirms arrest order for Evo Morales. Says the police and military are going after him in his hometown of Chapare. This is fascist persecution, arbitrary arrest and a sign of the repressive, racist and dictatorial regime the coup is installing. https://twitter.com/LuisFerCamachoV/status/1193696877155356672

146
7:45 PM - Nov 13, 2019
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As happens every single time the US tries to overthrow a government these days, social media is currently swarming with small, brand-new and suspicious-looking accounts, many of which are publishing the same words verbatim, all defending and supporting the coup. Some of them try to argue that Morales rigged last month’s election, but that’s totally bogus and evidence-free. Others try to claim that “the people” of Bolivia opposed Morales, strongly implying that he was universally loathed, but that claim is invalidated by the election results and the massive demonstrations against the coup.

So the only actual argument really boils down to “Well he ran for another term, and yeah he won, and yeah the democratically elected high court ruled he could run again, but a loud and violent minority of Bolivians don’t want him to be president. What choice do you have in such circumstances other than to support a literal military coup?”

Which is just so crazy. That’s how low the bar has sunk for supporting the toppling of a government today. They don’t have to claim he’s starving his own people. They don’t have to claim that he’s using chemical weapons. They don’t have to claim that he’s governing without the consent of the voting populace. Just “Yeah well some of us don’t like him and there’s some paperwork we disagree on.”

I mean really, how much lower can the bar get for when a US-backed military coup is justified? “Oh, that government needed to be toppled because the leader got a parking ticket once”? “Well the president wore white after Labor Day, and that’s a fashion atrocity”?

So the Morales-supporting line of succession has been ousted and many of his supporters in the government arrested by masked men, and now the US-approved interim president is an appalling racist and absolute dimwit who calls to mind a very low-budget Bolivian version of 🐵 Sarah Palin.

Caitlin Johnstone ⏳
@caitoz
Bolivian Sarah Palin is the nation's new US-approved interim president. https://twitter.com/historic_ly/status/1194758297334755328

Historic.ly
@historic_ly
Replying to @historic_ly
Case and point: I dug up this old video where you can see she is an utter moron


Embedded video (at article link)

388
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It’s absolutely amazing how many people all across the political spectrum have been sucked in by this ridiculousness. How lost do you have to be to believe that this US-backed military coup is different from all the others? How many times is Charlie Brown going to run up and try to kick Lucy’s football?

That **** is never gonna let you kick that goddamn football, Charlie Brown. And this US-backed military coup isn’t going to be any more moral, legal or beneficial than all the others.

*  *  *

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https://www.zerohedge.com/geopolitical/no-no-you-guys-us-backed-military-coup-perfectly-legitimate
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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Re: Corruption in Government
« Reply #1063 on: November 15, 2019, 04:53:07 pm »
Quote

Toni Smith 👍
I am so happy to read this about McCabe. Of all the heinous things the 🦀 orange mussolini has done to people and there are scores... I was so galled and angered by his baseness in scheming to take the man's pension by having him fired one day prior to his retirement. You have to be the biggest ass hole the universe ever bred to do another human being like that. I can only hope that all the seeds this evil man has sown will bear fruit that will rain down on his head like boulders. Karma always gets hers in the end.

November 14, 2019

Palmer Report » Analysis

Faced with having to admit that there is no case against McCabe, and having to turn over its own records which will surely reveal that McCabe was improperly targeted to begin with, the Trump regime is now basically trying to drop the whole thing. Accordingly, Politico says that the judge is now demanding that the Trump regime explain what’s really going on here.

Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

AGelbert

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What Is Left Of the Republican Party?
« Reply #1064 on: November 16, 2019, 04:59:02 pm »

What Is Left Of the Republican Party?
4,633 views•Nov 14, 2019


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Does the Republican Party stand for anything outside of Billionaires and corporate money?

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Will the GOP survive Trump?

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Resisting Brainwashing Propaganda by AGelbert
14 Dec, 2019 18:14

🦕🦖 Hydrocarbon 🐍 Hellspawn Mens Rea Actus Reus modus operandi by AGelbert
14 Dec, 2019 18:02

Wild Cats can be Small as well as Large by AGelbert
14 Dec, 2019 16:38

1984 by George Orwell: Crash Course Literature 401 by AGelbert
14 Dec, 2019 15:41

The Wisdom of the Books of the Bible by AGelbert
14 Dec, 2019 13:24

🌟 IMPEACHMENT SCORE 🌠 by AGelbert
14 Dec, 2019 12:57

Doomstead Diner Daily by AGelbert
14 Dec, 2019 12:07

Creeping Police State by Surly1
14 Dec, 2019 06:55