National Security Adviser John Bolton Gives Press Briefing on Venezuela…


National Security Adviser John Bolton holds a press availability to discuss the crisis in Venezuela following a briefing with President Trump.  Mr. Bolton said  “we are seeing the Venezuelan people strive to get a government that they control, not an authoritarian military regime”, adding “this is a very serious situation. The president has been monitoring it minute-by-minute throughout the day.”

Bolton emphasized “this is clearly not a coup. We recognize Juan Guaido as the legitimate president of Venezuela.” He called it a “potentially dispositive moment” for Venezuelans to regain their freedom”, later referencing “a very delicate moment.” If this effort fails, they will sink into a dictatorship from which there are very few possible alternatives.”

Venezuela Crisis Possibly Reaching Apex…


U.S. Secretary of State calls it “Operation Liberty” and supports opposition leader Juan Guaido. The Venezuela regime of Nicolas Maduro calls it a “coup attempt” and has help from Russia and Cuba to put down the uprising.  The regular Venezuelan military, and the ordinary people of the country appear to be caught in the middle.

Perhaps this is the last effort of Venezuelan opposition leader Juan Guaido to shift the balance of power. The White House is supportive but cautious. Everything is tenuous as Venezuela appears to be on the brink of extreme political violence.

CARACAS (Reuters) – Venezuelan opposition leader Juan Guaido on Tuesday made his strongest call yet to the military to help him oust President Nicolas Maduro, and violence broke out at anti-government protests as the country hit a new crisis point after years of political and economic chaos.

Several dozen armed troops accompanying Guaido clashed with soldiers supporting Maduro at a rally outside the La Carlota air base in Caracas, but the incident fizzled out and did not appear to be part of an immediate attempt by the opposition to take power through military force.

Guaido, in Twitter posts, wrote that he had begun the “final phase” of his campaign to topple Maduro, calling on Venezuelans and the armed forces to back him ahead of May Day mass street protests planned for Wednesday.

“The moment is now!” he wrote. “The future is ours: the people and Armed Forces united to put an end” to Maduro’s time in office.

Tens of thousands of people were marching in Caracas in support of Guaido on Tuesday, clashing with riot police along the main Francisco Fajardo thoroughfare. A National Guard armored car slammed into protesters who were throwing stones and hitting the vehicle.

Defense Minister Vladimir Padrino called the latest instability a “coup movement” but several hours after Guaido’s announcement there was no sign of any other anti-Maduro military activity. Guaido later left a rally he was holding with military supporters at the air base.  (read more)

Embedded video

Angus Berwick@AABerwick

Caracas’ Francisco de Miranda avenue after Venezuelans flooded streets today to support Guaido.

271 people are talking about this

Reuters Top News

@Reuters

Russia accuses Venezuelan opposition of resorting to violence https://reut.rs/2XRoAFu 

41 people are talking about this

Reuters Top News

@Reuters

106 people are talking about this

Embedded video

Reuters Top News

@Reuters

Opposition leader Guaido says final phase to oust Venezuela’s Maduro has begun. Follow our live coverage: https://reut.rs/2WdfMJK 

312 people are talking about this

Embedded video

Giovanni C.@giovannicavett

Shocking scenes in Venezuela as defected soldiers fire back to protect protesters from pro-Maduro forces attack.

4,129 people are talking about this

Embedded video

Montana 🕊Agent Applebutt@_Montana_Bound_
See Montana 🕊Agent Applebutt’s other Tweets

This looks like a no-retreat proposition.  Those in the military who make a decision to support Juan Guaido can never return to life before the inflection point and will be targets of the Maduro regime.   A terrible crisis with few good options.

Our prayers for the Venezuelan people who are caught up in this political nightmare.

Secretary Pompeo

@SecPompeo

is underway in & the world is watching. @jguaido’s safety must be guaranteed. The Venezuelan people are demanding change, a peaceful democratic transition, & return to prosperity. It’s time for the illegitimate regime to step aside.

6,352 people are talking about this

Secretary Pompeo

@SecPompeo

is underway in & the world is watching. @jguaido’s safety must be guaranteed. The Venezuelan people are demanding change, a peaceful democratic transition, & return to prosperity. It’s time for the illegitimate regime to step aside.

View image on Twitter

Secretary Pompeo

@SecPompeo

What we are seeing today in is the will of the people to peacefully change the course of their country from one of despair to one of freedom and democracy. The U.S. stands with them and @jguaido now and always.

3,121 people are talking about this

British Pound v BREXIT


QUESTION: Martin you appear to be very bearish on the British pound when comparing with the Us Dollar. Does the outcome of Brexit make any difference to your view.?

SB

ANSWER: The British Parliament under the direction of Prime Minister May has been a disaster. She was a “Remainer” in her heart and the performance of the negotiations reflects that reluctance to leave the EU. The forecast our system has been making on the pound is based upon the performance of the market – not fundamentals.

Still, the fundamentals are reflected through confidence which then shows up in the price action of markets. The decline in the pound has reflected May’s inability to make a deal. Her strategy appears to be one who is on the payroll of Brussels – not the British people. It appears she refuses to negotiate and hopes that it will come down to a hard exit of her deal. This is what she is counting on and there can be a no-confidence vote until December to boot her out.

It is beside me why British politicians do not simply look at their own data and the facts. The UK has experience lower economic growth ever since it joined the EU. It loses just about every argument in the European court. Here is a clip from the Guardian on December 30, 1998, which showed even back then that 58.5% of trade in Britain was outside the EU. Britain cannot enter any trade deals with anyone without the approval of all 28 members of the EU. If just one objects, the deal is dead.

Perhaps PM May sings Frank Sinatra’s song My Way in the shower every morning to boost her spirits. BREXIT has been turned into a joke.

 

Suicide Rate Doubles in France Among Police


The Yellow Vest movement is turning into a major confrontation demanding Macron leave office. The French police are now protesting after 28 officers have committed suicide so far in 2019. This is double the amount recorded at the same time last year. While the press tends to focus on complaints of a lack of resources, unpaid overtime, and inefficient management, they are not speaking about the social isolation the police are starting to experience as they defend the government against the people.

I have written before about the Nika Revolt of 532AD where the local police and troops refused to defend the emperor Justinian. He almost fled Constantinople until his wife directed him to call in an army which was not Greeks. They came into the city and slaughtered some 30,000 protesters. What the French police are experiencing is this very same conflict. This is why Brussels wants a European Army for they would have no conflict with the French people if they are not French. The police may yet turn against the French government and if that happens, then we have a French Revolution. The revolution in Ukraine turned when the police saw that Yanukovich brought in Russians to defend himself. Then and only then did the Ukrainian police turn against Yanukovich and he had to flee. This is standard developments throughout all historical civil unrest movements defining the line when crossed it becomes a revolution.

 

Netherlands Objects to France’s Attempt to get EU Funding in a Crisis


The Prime Minister of the Netherlands, Mark Rutte, is objecting to France’s desired changes to the EU budget. France wants aid with the inclusion of the objective to “stabilize” the economies within the Eurozone, whereby the Netherlands wants all funding to be limited to furthering “competitiveness and convergence.” The Netherlands contributes the most to the EU, and far more than it receives. This only illustrates once more that the Eurozone is far from one big family. The cultural differences remain and always will. They will not vanish as a matter of law. The only thing that will allow that to happen over time will be a common language, as took place in the United States. Then and only then did all the various cultures begin to integrate

Common Sense Canadians Crush the Moonbats in Alberta…


A massive defeat for the left-wing loons in Alberta Canada now means half the Canadian provinces are aligned against Justin’s rainbow-socks coalition and disastrous climate agenda.  Apparently having a common sense approach now means ‘right-of-center‘.

CALGARY, Alberta (Reuters) – A right-of-center party swept to power in Canada’s main oil-producing province of Alberta on Tuesday and attacked Prime Minister Justin Trudeau’s efforts to fight climate change, raising tension just months ahead of a federal election.

The United Conservative Party (UCP) of Jason Kenney, which had led in the polls for months, crushed the left-leaning New Democratic Party (NDP) government of Rachel Notley amid frustration over the economy and a beleaguered energy industry.

Kenney’s victory means governments in five of the 10 provinces now oppose Trudeau’s plans to combat global warming, which look set to be a major theme of the October election. (more)

The real-world effect of having an anti-business outlook is starting to have a real impact, and not just on massive corporations.  As Manny from Ottawa points out, even the smaller Canadian firms are giving up and heading to the more pro-business U.S.A.  In this example 240 Canadian jobs are moving…

(Truro, Nova Scotia) […] “Earlier today, we informed our employees that Tarkett North America will be closing our manufacturing plant in Truro, Nova Scotia, effective July 16, 2019,” the company said Tuesday afternoon in an email to Mills, Colchester County Mayor Christine Blair and other stakeholders.

“As one of our valued stakeholders, we wanted to share that this was not an easy decision and it is not a reflection of the caliber of work done by our Truro team,” the company said in a statement issued through the National Consulting Group.

“A business decision has been made and our manufacturing operations will be relocating to Dalton, Georgia.”

The company has sister operations in Georgia and Mills said one of the reasons he has heard for the move is to improve operational efficiencies. (more)

Manny_Ottawa@manny_ottawa

We hear of the big auto manufacturers and Steel moving to USA. But equally there are many small companies moving to USA. is only interest in his narcissist self. @realDonaldTrump creating conditions to attract Canadian businesses. https://www.trurodaily.com/news/local/truro-carpet-plant-moving-operations-to-us-302536/#.XLczn-GZhAV.twitter 

The carpet plant in Truro, which has been opened in 1964, is moving its operations to the United States, eliminating approximately 240 jobs.

Truro carpet plant moving operations to U.S. | Truro News

Shutdown to eliminate 240 jobs

trurodaily.com

France v Netherlands


Armstrong Economics Blog/European Union

COMMENT: I had to laugh your comment that the EU pretends to be a happy family but they are still nationalistic no matter what they say. The Dutch bid to buy Air France is just the tip of the iceberg as you say.

Thank you

HS

REPLY: You are absolutely correct. The Dutch government’s bid to buy a stake in Air France-KLM provoked an amazing outrage in Paris from the government. French Economy Minister Bruno Le Maire called it “incomprehensible and unprecedented.” His statement on that issue reveals everything I have been saying about the nonsense going on in Europe. No matter what they say about federalizing Europe, deep down the politicians themselves show the inherent resentment that still lingers and will never die. The EU must abandon this idea that one government will prevent a European war. It is actually encouraging it. It should remain simply as a federation, consolidate the debts, let that be the Eurobond, and then abandon the ECB’s one policy fits all and let each nation function with their own budgets as the states do in the USA.

How the Rule of Law is Always Political


The British Parliament is exposing itself and how corrupt the real rule of law has become. They had no problem extraditing Julian Assange to the USA for exposing the corruption in the US government, but when Bill Browder was sought by Russia for criticizing Putin, suddenly it is political. Westminster has demanded the head of Interpol appear before them and explain if they are being manipulated by Putin to allow Russia to see the extradition of Bill Browder on various charges. There is no rule of law. If the Brits hand over Assange while protecting Bill Browder, it illustrates that the government is just not trustworthy on anything.

British Parliament Adopts New Face for Big Ben


SNL Does Theresa May