China is moving rapidly to advance and take the lead in technology from the United States and they will accomplish that in the years ahead. China is moving very fast on every front. China is moving faster on quantum communications and computing and they are embracing real Artificial Intelligence that is being ignored by the powers that be in the US government.
We were granted our business license in China BECAUSE of our technology while the USA keeps trying to suppress technology advancement in our field. That means the government even had to review the conflicts with the USA and dismissed them as all other nations as being “stitched up” as one put it in Europe.
The regulators in the USA have one policy – if the big boys do it it’s OK. They are Too Big to Fail, Too Big to Jail, but big enough to hire government employees. Anyone else has to be regulated when the regulators do not even understand what they are doing. The bottom-line policy at the US regulators – if they do not understand it, regulate it out of existence. You are not allowed to compete against New York City.
In the United States, there remains over regulation because the government is clueless about technology. The next crisis will be really worse than 2007-2009 because they have chased so many from the marketplace with fines and regulations that make no sense. The SEC has had to announce strengthening rules for their own people in trading on inside information. The more regulators we have the more corruption that exists. I have stated before, when I was managing positions for the Onassis estate in commodities, I had the larges physical position in Platinum. It took six months to get permission to trade at that level way beyond exchange limits and when I picked up the phone the first time, everyone already knew the size of my position. So much for regulators. Today, positions of managers over $100 million in assets must be reported to the SEC. You can bet that i8nfo is handed out under the table.
In quick succession, China in recent months has utilized a quantum satellite to transmit ultra-secure data, inaugurated a 1,243-mile quantum link between Shanghai and Beijing, and announced a $10 billion quantum computing center. The USA cannot even compete with this level of technology yet. We have been a full green light on our systems. There is no question that China will be the dominant economy after 2032.
The New Zealand Prime Minister that took the country back into Marxism, has fired its first shot across the bow. The Labour party have formally signed a coalition agreement, introducing all new policies focusing on climate change, regional development, and poverty which translates into hunting the hated rich. Thirty-seven-year-old Jacinda Ardern, a member of the New Zealand Labour Party, became the world’s youngest female leader. Hillary must be crying in her martini.
Nevertheless, PM Ardern has just fired the first shot across the bow and this is a serious warning that foreign investment better cross New Zealand off the list of places that will be up-and-coming. She has banned foreigners from buying property in New Zealand. The first proposal was to ban any migration to New Zealand as well. That they had to back off of given the refugee impression and that would have agreed with Trump – OMG!
She thinks banned foreign property ownership will cool off the property market. The problem will be, a property crash. When home values decline, people feel they lost money and they spend less. With rising property values, people feel they are better-off and spend more assu8ming they have equity even if they do not borrow against it.
She may be the youngest female leader in the world, but she also is clueless about economics.
Hillary is running around pitching her book – What Happened. Of course, we all know the answer – she lost. The problem is that she takes no blame for that and like a fool who buys the market at the top, they come up with conspiracy theories to blame everyone else for their failed investment.
The four people she is blaming all has to do with the leaked emails, none of which has she EVER claimed they were fake or altered. So her whole argument is that someone leaked the truth. Her own staff said she set up a private server so she could be free from a FOIA request. If she did not do that, Comey would not have had to investigate.
The last on the list is Richard Murdock. One member of the press who was against her when she had everyone else in her pocket from the New York Times to CNN, seems a bit absurd. The press was biased in her favor – not Trumps’s.
Hillary has also blamed women for not voting for her. She obviously has just refused to accept any responsibility whatsoever. Who cannot forget she would not even go out to thank her supporters when she lost. She sent Podesta to go do it. No candidate in history has ever been that upset at losing that they did not address their supporters that night.
Hillary has displayed for the whole world to see that she has no real character to be a leader of anything, no less the free world
There has been an effort to use diamonds in place of gold since you can travel with them without setting off metal detectors. But the real problem has been the untrained eye can easily be fooled. The Singapore Diamond Investment Exchange (SDiX), has launched a new product they hope to compete with gold. Perhaps this may have some traction, but again, it is hard to see how this will really compete with gold unless someone is trying to move money from one country to another.
QUESTION: I read your blog about the Saudi’s potentially selling a large private equity position from China in Aramco rather than accessing the public markets. You have pointed out the need for the Saudi’s to modernize their economy to be less dependent on oil income and to monetize that resource for capital improvements/diversification, but how do they do that without giving away to much control over their oil resources to China? Wouldn’t a single significant stake by a private investor (country in this case) give up to much control over their single greatest resource (at least for the immediate future)? I’m thinking of the disaster that is Venezuela as an example of the poor employment of foreign investment.
ANSWER: I fully understand your point. However, the Saudi’s need money. They spent too much money expecting oil to be $200 forever. They are now starting to issue bonds. Saudi Arabia has peaked economically and looks at UAE and sees the diversification. But Saudi Arabia would have to relax their religion. Here is a picture I took on the beach in Abu Dhabi. They are tolerant of Western Culture. You cannot create a world economy without separation of church and state.
Venezuela has always been a ruthless dictatorship. The wealth from oil never made it to the people.
Well, this is interesting. Tucker Carlson revealed some stunning information tonight on his TV show. Former Trump Campaign CEO Paul Manafort worked for John and Tony Podesta, while Hillary Clinton was Secretary of State, and assisted in gaining Russian benefits via influence over State Department policy.
…And there’s much, much more. WATCH:
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This research and ongoing story continues tomorrow night with more information.
There’s a myriad of angles within this that must be reviewed prior to absorbing content.
First, do not think the Washington Post is ever going to frame a damaging article against the Clinton’s or DNC; it is beyond their inherent ideology to do so. Therefore the motive of any media expose’ must be kept in mind.
Second, while the article itself states the Clinton Campaign and the DNC paid Fusion GPS to contract Christopher Steele, the researcher and dossier author, the article also tries to lend some credibility toward the content therein. This is another possible angle.
Third, the judge in case of the congressional subpoena into Fusion GPS bank records to discover the funding of the dossier gave Fusion GPS until Friday of this week to work out an agreement with congress that would eliminate the need for a judicial decision. It is entirely possible this WaPo article was advanced by a risk adverse Fusion GPS in order to dilute the need for the bank record inquiry. No doubt the bank records would contain far more information than just the Clinton Campaign and DNC.
Fourth, with #3 in mind, and considering this report is from within the Washington Post, there is a strong possibility the other finance mechanisms for the dossier might include the U.S. government (FBI and CIA). Additionally likely knowing the WaPo has a history of defending, and working on behalf of, the intelligence community.
Fifth, the sourcing within the Washington Post article is weak, vague and disingenuous with verbiage such as: “people familiar with the matter”, “according to those people, who spoke on the condition of anonymity”, “people involved in the matter“, etc. Notice how the term “matter” repeats. That familiar term is frequent throughout the article.
As to the substance:
(Washington Post) The Hillary Clinton campaign and the Democratic National Committee helped fund research that resulted in a now-famous dossier containing allegations about President Trump’s connections to Russia and possible coordination between his campaign and the Kremlin, people familiar with the matter said.
Marc E. Elias, a lawyer representing the Clinton campaign and the DNC, retained Fusion GPS, a Washington firm, to conduct the research.
After that, Fusion GPS hired dossier author Christopher Steele, a former British intelligence officer with ties to the FBI and the U.S. intelligence community, according to those people, who spoke on the condition of anonymity.
Elias and his law firm, Perkins Coie, retained the firm in April 2016 on behalf of the Clinton campaign and the DNC. Before that agreement, Fusion GPS’s research into Trump was funded by a still unknown Republican client during the GOP primary.
The Clinton campaign and the DNC, through the law firm, continued to fund Fusion GPS’s research through the end of October 2016, days before Election Day.
[…] People involved in the matter said that they would not disclose the dollar amounts paid to Fusion GPS, but said that the campaign and the DNC shared the cost.
Steele previously worked in Russia for British intelligence. The dossier is a compilation of reports he prepared for Fusion. The dossier alleged that the Russian government collected compromising information about Trump and the Kremlin was engaged in an active effort to assist his campaign for president.
[…] Fusion GPS’s work researching Trump began during the Republican presidential primaries, when the GOP donor paid for the firm to investigate the real estate tycoon’s background.
Fusion GPS did not start off looking at Trump’s Russia ties, but quickly realized that those relationships were extensive, according to the people familiar with the matter.
When the Republican donor stopped paying for the research, Elias, acting on behalf of the Clinton campaign and the DNC, agreed to pay for the work to continue.
The Democrats paid for research, including by Fusion GPS, because of concerns that little was known about Trump and his business interests, according to the people familiar with the matter.
[…] Some of Steele’s allegations began circulating in Washington in the summer of 2016 as the FBI launched its counterintelligence investigation into possible connections between Trump associates and the Kremlin. Around that time, Steele shared some of his findings with the FBI.
After the election, the FBI agreed to pay Steele to continue gathering intelligence about Trump and Russia, but the bureau pulled out of the arrangement after Steele was publicly identified in news reports.
[…] Congressional Republicans have tried to force Fusion GPS to identify the Democrat or group behind Steele’s work, but the firm has said that it would not do so, citing confidentiality agreements with its clients.
Last week, Fusion GPS executives invoked their constitutional right not to answer questions from the House Intelligence Committee. The firm’s founder, Glenn Simpson, had previously given a 10-hour interview to the Senate Judiciary Committee.
Over objections from Democrats, the Republican leader of the House Intelligence Committee, Rep. Devin Nunes (Calif.), subpoenaed Fusion GPS’s bank records to try to identify the mystery client.
Fusion GPS has been fighting the release of its bank records. A judge on Tuesday extended a deadline for Fusion GPS’s bank to respond to the subpoena until Friday while the company attempts to negotiate a resolution with Nunes. (read full article)
Today the Crown Prince of Saudi Arabia, Mohammad bin Salman Al Saud, son of King Salman, ally to U.S. President Trump, guardian of the Holy Mosques, delivered remarks during a conference on investment that stunned the regional geopolitical world.
Of course for most CTH readers, who understood the larger dynamic behind Trump and T-Rex’s sword dancing diplomacy, this doesn’t come as a surprise. However, for the larger U.S. electorate, perhaps they will begin to understand the positive consequences downstream from President Trump’s regional policy.
The scale of consequence was clearly evident in the expression of Maria Bartiromo.
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Five months ago we discussed the significance of the pageantry and scale of the royal reception for President Trump and the U.S. delegation. Specifically how the structure of the trip was reflective of much more than a singular presidential visit to a nation and region of geo-strategic importance.
The word “reset” is frequent amid media reporting of the Saudi trip but few people have followed the recent regional history to thoroughly understand what exactly is being reset.
~ President Donald Trump and Saudi King Salman – Joint Statement.
President Trump was recognized and respected by the regional Arab coalition for his specific approach and outward worldview which is based on eye-to-eye diplomacy.
Through the contacts, discussions, emissary meetings and individual diplomatic engagements over the past six months, the Arab region members of the Gulf Cooperation Council (GCC) -and specifically Saudi Arabia- were overjoyed to find a fresh U.S. perspective based on mutual respect.
The pageantry/scale of the royal reception was directly proportional to the scale of respect being shown by the regional partners toward the worlds largest and most influential leader.
Around the world no-one doubts who is the biggest most significant nation; the size of the U.S. economy speaks for itself. It does not need to be proven – it is self evident.
What is different with the Trump administration, as they engage each nation, is the change in nationalistic outlook and specifically foreign policy therein toward other national leaders as independent sovereign representatives – with respect to their individual cultures and norms.
No longer is the U.S. approaching nations from an inherent need to prove we are ‘better than’, or leverage our interests into their neighborhood.
The expressed policy outlook of President Trump is for the United States to be the best; and through our actions and behaviors to lead on global initiatives that show how we define ourselves and our values. This approach is specifically centered around a policy position stating we do not need to demand acceptance of those values, and we respect independent nations’ that may hold values or beliefs not identical to our own.
Secretary of State Rex Tillerson has cultured this approach throughout each of his diplomatic engagements. The U.S. leans forward on all Trump policy objectives through the perspective of our national needs first; but that does not necessarily mean we demand or force other nations into a compliance mindset.
Compliance implies aversarialism. President Trump and Secretary Tillerson do not view international engagements as necessarily adversarial.
The U.S. can engage eye-to-eye with the same level of respect to the smallest as we exhibit toward the largest (our own size does not need to be part of the equation, it is self evident), and work policy objectives toward the point of mutual benefit. If the engaged nation does not receive benefit from the policy, we do not demand an acceptance of it; and more importantly we express both an understanding and a respect of their position and inability.
This Trumpian approach, a willingness not to undermine and to accept the partners downside position within any policy, is grounded on inherent truth.
President Trump and Secretary Tillerson openly accept and admit when the engaged partner will be unable to meet our defined terms; we discuss what actions can be take to remove the inherent obstacle in the future; we make a commitment (or not) toward removing that obstacle; we shake hands and we part company retaining the position of friendship and optimism for the potential of re-engagement at a later date.
In all recent previous administrations there was an implied message that engagement with the United States came with terms and conditions that might be antithetical to the sovereign nations’ best interests. If you want “X” (their need) you must deliver “Y” (our need), and the “Y” might be something which creates conflict or tension.
President Trump and Secretary Tillerson ask about the impact of “Y”, the possibility of the downside, prior to making a decision on fulfillment of the request (“X”), but the inquiry does not necessarily preclude our willingness to deliver.
This dynamic is unique to the engaged nation because no member of the Trump Administration’s policy team is approaching any of the policies from a position of their own inherent politics. Team Trump, writ large, represents America’s best interests, not the political construct of America’s best interests. [Coincidentally this approach is why Trump has so much domestic opposition]
This non-political approach and respect, exhibits honesty within the transaction. Yes, both Tillerson and Trump approach politics through the transactional prism, it’s what deal-makers do.
This non-political approach is what causes leaders like Egyptian President Abdel Fattah al-Sisi make the following remarks:
Abdel Fattah al-Sisi: “I first saw the campaign of his excellency President Trump, and I listened to his speech of the neccessity of facing and confronting terrorism all over the world; that he is a great personality and a unique individual, and that he will find great success.”
“I fully trust the capabilities of President Trump, and I have full conviction that he can do things, exert efforts, that very few people can do. And he can succeed in so many fields that others cannot. I trust him wholeheartedly.”
“I followed all his announcements through his campaign, he has a very unique personality and administration, and now I’m speaking with full confidence of unprecedented success for him. He is seeking the interests of the United States and the American people in a very clear manner, and a very direct manner. And a very strong manner as well.”
“His true will is a very strong will to counter terrorism and extremism in the world; and that is a very strong commitment from his excellency the president, and in addition I am very supportive with full force in facing this terrorism.”
“There is a true understanding to the realities in the region, and there is a seriousness and responsible actions in facing extremism and terrorism in the region, and that’s a wonderful thing indeed. There is nothing better than to counter evil.” (link)
More MAGA winning today as another senatorial blockage in the swamp is cleared. Senator Jeff Flake announces he will not seek reelection.
Toodles !
Senator Jeff Flake told The Arizona Republic ahead of his announcement that he has become convinced “there may not be a place for a Republican like me in the current Republican climate or the current Republican Party.” Gee, ya think?
A stunning admission today from the U.S. State Department considering all of the dismissive declarations from the Clintons, the FBI, DOJ and State Department before the 2016 election.
The State Deparment now admits there’s over 40,000 pages of Clinton emails, created on her personal server, they’ve never even read:
(Washington, DC) – Judicial Watch announced that the State Department revealed in a federal court hearing that it has yet to process 40,000 of 72,000 pages of Hillary Clinton records that the FBI recovered last year.
The revelation came during a federal court hearing in Judicial Watch Freedom of Information Act (FOIA) lawsuit seeking former Secretary of State Hillary Clinton’s emails that were sent or received during her tenure from February 2009 to January 31, 2013 (Judicial Watch, Inc. v. U.S. Department of State(No. 1:15-cv-00687)). The case is before Judge James E. Boasberg.
The hearing focused on the State Department’s progress on processing the tens of thousands of emails Clinton failed to disclose when she served as Secretary of State, some of which were emails sent by Clinton aide Huma Abedin that were found on the laptop of her estranged husband Anthony Weiner. The State Department has processed 32,000 pages of emails so far, a small number of which have been released, but 40,000 pages remain to be processed.
Judicial Watch asked the court to require the State Department to identify any records from the seven FBI discs that it intends to withhold, and why, in a timely manner. The State Department disclosed to the Court that it was adding extra resources to its FOIA operation but would not commit to a faster production of the Clinton emails.
On October 19, Judge Boasberg ordered the State Department to “explain how its anticipated increase in resources will affect processing of records in this case and when the processing of each disk is likely to be completed.” Surprisingly, the Tillerson State Department and Sessions Justice Department previously argued to the court that there was diminished public interest in the Clinton emails. (read more)
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
