An Investigative Pattern Emerges…


During a recent rally in Pensacola President Trump remarked off-the-cuff: “we have a rigged system, we really do, we have a rigged system and we’re working hard to change it“. Against the backdrop of recent revelations with the stunning politicization of the FBI and DOJ, those words ring notes of truth, and also caution.

Over the past two weeks we have seen releases from the DOJ Office of Inspector General that appear to be building toward a much more consequential outcome. The corruption is jaw-dropping. The very heart of the U.S. system of Law (DOJ) and Order (FBI) is now being questioned. I would argue the IG obviously understands the need for caution within these discoveries and the recent releases are all purposeful, timed, planned and targeted.

Consider what is at stake; and further consider that you were given the task of revealing the outcome of an investigation of such consequence.  How would you introduce the findings to the larger U.S. electorate?   Given the timing of the releases from the IG’s investigation, I think that’s what we are seeing in the past two weeks.  A prosecutor laying out his case over the course of multiple media cycles.

For the past year plus, we have heard generalized terms of investigations.  However, since the beginning of December the information shifted and we begin hearing about specific names caught within the IG investigation.

Focusing only on the names from within the IG concern we find:  FBI Agent Peter Strzok; FBI/DOJ Attorney Lisa Page; DOJ Deputy Bruce Ohr; his wife, Fusion GPS contractor Nellie Ohr; FBI Counterintelligence Director Bill Priestap; and FBI Deputy Director Andrew McCabe.  Each of these people appear to have been captured within the net at the heart of the politicization investigation.

Now, there’s bound to be more details; however, those names are all likely to face some form of congressional scrutiny, questioning, and possibly criminal charges.  Charges that will likely be based, in part, on the outlined information within the IG releases.

Oh, sure there are many other names, including current possible partisan usurpers within the Robert Muller probe: DOJ/SC Andrew Weissman, DOJ/SC Jeannie Rhee, DOJ/SC Aaron Zebley etc. that are also concerning.  However, for this discussion we focus on the IG targets identified.  Discussion of Mueller is for another day.

Remember, the OIG investigation is specifically looking at actions taken, or actions not taken, by DOJ and FBI officials that reflect specific evidence of politicization by the leadership within each agency (James Comey, FBI and Loretta Lynch, DOJ), and/or their subordinates writ large.

(LINK)

These offices represent the “Law and Order” divisions of our national government.

There is a pattern in the released OIG information and how we retrieve it from the media.

♦Ahead of FBI Director Christopher Wray appearing before congress the IG released the information about FBI Agent Strzok and his mistress FBI/DOJ Attorney Lisa Page.

♦Just before Asst. FBI Director Andrew McCabe was going to appear before congress the IG released information about DOJ Deputy Bruce Ohr and his wife Nellie Ohr.

Andrew McCabe ducked out of the hearing, and will now appear next week. Boy-oh-boy that one should be interesting.  If he’s still employed. (anticipating more releases here)

♦Just before DOJ Asst. AG Rod Rosenstein appeared before congress the IG released the actual text messaging information from Agent Strzok and Lisa Page.

See the pattern?

There have been approximately FIVE big releases from the IG office, that seem to be released in a very specific manner.  It looks just like a prosecutor laying out his case against the identified names, and WE, the American People, are the jury.

Consider:

♦Release #1 was the Agent Strzok and Attorney Lisa Page story; and the repercussions from discovering their politically motivated bias in the 2015/2016 Clinton email investigation and 2016/2017 Russian Election investigation.

♦Release #2 outlined the depth of FBI Agent Strzok and FBI Attorney Page’s specific history in the 2016 investigation into Hillary Clinton to include the changing of the wording [“grossly negligent” to “extremely careless”] of the probe outcome delivered by FBI Director James Comey.

♦Release #3 was the information about DOJ Deputy Bruce Ohr being in contact with Fusion GPS at the same time as the FISA application was submitted and granted by the FISA court; which authorized surveillance and wiretapping of candidate Donald Trump;  that release also attached Bruce Ohr and Agent Strzok directly to the Steele Dossier.

♦Release #4 was information that Deputy Bruce Ohr’s wife, Nellie Ohr, was an actual contract employee of Fusion GPS, and was hired by F-GPS specifically to work on opposition research against candidate Donald Trump.  Both Bruce Ohr and Nellie Ohr are attached to the origin of the Christopher Steele Russian Dossier.

♦Release #5 was the specific communication between FBI Agent Strzok and FBI Attorney Page.  The 10,000 text messages that included evidence of them both meeting with Asst. FBI Director Andrew McCabe to discuss the “insurance policy” against candidate Donald Trump in August of 2016.

Again, see the pattern?

The OIG is laying out the case for further inquiry, investigation and more importantly questioning, of each of the aforementioned officials.

Timing the information to drop in conjunction with the open and public congressional appearances of FBI Director Christopher Wray, FBI Asst. Director Andrew McCabe and Asst. AG Rod Rosenstein puts sunlight upon the content of the releases that doesn’t require MSM for broadcast.

See the strategy?

The IG has no prosecutorial authority, that decision is up to the Attorney General.

However, in this strategy the IG is laying out his prosecutable case before the American public via TV and congressional appearances.  In my humble opinion none of this is accidental.  This is strategic white hat distribution of material that is immensely important to the larger U.S. electorate.   The subject matter is so consequential, it needs to be absorbed in small digestible portions.

And here’s where it gets really interesting.

As Ohio Rep Jim Jordan stated yesterday (after the Rod Rosenstein questioning), the next move is to put each of the named people in front of congress for questioning.   Andrew McCabe, Bill Priestap, Peter Strzok, Lisa Page, Bruce Ohr, and possibly Nellie Ohr and Glenn Simpson, are questioned about the details behind the specific information provided by the IG releases.   Get them under oath, get them on-the-record, and get them committed to one story.

Most likely, just like Lois Lerner, this crew will plead the fifth.  However, unlike Lois Lerner the underlying evidence will exist from within the Inspector General’s year-long investigation.   Against 1.2 million pages of documentation, we know of so far, it really doesn’t matter if they cooperate or not.

Their compliance with congress is irrelevant to their possible outcome.  The IG investigative report provides all the needed substance to consider indictments.

Cooperate or not, the U.S. Attorney General, Jeff Sessions, will now be in a position to accept the exhaustive evidence provided by the IG report – and make a decision on whether or not to indict them.

Secondarily, as an outcome of their indictment, the larger cases against Hillary Clinton and company are now subject to reopening and plea bargains from the indicted FBI and DOJ conspirators can then be leveraged to gain additional information against the larger group.  [And yes, this potentially touches President Obama depending on how the concentric circles of defense collapse.]

I would be remiss if I didn’t remind people that Huma Abedin and Cheryl Mills have voided their prior immunity deals by provably lying to the FBI. Lying voids immunity.

Additionally, if former AG Loretta Lynch, and/or Asst. AG Sally Yates, and/or FBI Director James Comey are not captured within the IG investigative outcome (still undetermined), the seeds for their capture are most definitely created by it – because the next tier of leadership appears already captured.

Based on what we already know: Bruce Ohr, Lisa Page, Peter Strzok, Bill Priestap and Andrew McCabe are already captured.   Depending on the specifics, non-government entities Nellie Ohr and/or Glenn Simpson might also be captured under federal conspiracy or racketeering laws.

Bill Priestap (counterintelligence director), Bruce Ohr (DOJ Deputy), and definitely Andrew McCabe are in position to help net Sally Yates.

[IMHO Yates is the next one (per pattern) to get entangled with additional IG releases].

Director Comey seems to be in a very precarious position because the entire operation against Trump was a counterintelligence operation run from within the FBI albeit using DOJ assistance.  Additionally, the non-indictment of Hillary Clinton, due to the political manipulation of evidence by Agent Strzok, becomes the second liability of James Comey.

If the FISA warrant used to gain wiretaps and surveillance on Donald Trump was obtained using false, manipulated or fraudulent information, which currently seems highly likely, the entire operation becomes a criminal conspiracy and the question(s) become who knew what, when, and how far up was that authorized.

Based solely on what is public information right now… Andrew McCabe and Bill Priestap are way out on the edges of legality.  The issues around the Steele Dossier underpinning the FISA warrant would remove any legal defense they might have.

The Big Ugly

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PS. All of this is separate from the ongoing leak investigations from the new unit established within the FBI and DOJ.  (see here)

 

CNN Desperate to Overthrow the US Government


 

CNN, who claims to be Most Trusted Name in News™, has demonstrated that they are by no means to be trusted nor are they ever impartial. They are never reporting the news, they try so desperately to make the news.

CNN, along with MSNBC and CBS, have shown the entire world that the American Mainstream Media is nothing by ranting propaganda. The spectacle before the entire world came last Friday. CNN  devoted 12 straight minutes to declare they had the exclusive bombshell that would get rid of Trump. They reported that they had an email which proved that WikiLeaks had secretly offered the Trump campaign, even to Donald Trump himself, special access to the Democratic National Committee emails BEFORE they were published on the internet. CNN reported that this would prove conspiracy between the Trump family and WikiLeaks. Of course, they have also declared that WikiLeaks was an “arm of Russian intelligence,” and therefore Trump had a direct personal link to Putin.

They based everything on an email sent by someone named “Michael J. Erickson” who nobody had heard of. CNN was not able to even identify who this person was. The email was addressed to Donald Trump Jr., which had offered a decryption key and access to DNC emails that WikiLeaks had “uploaded.”

CNN was so excited out of its mind for they would get rid of Trump for Hillary.  They told the world the email was dated September 4, which was 10 days BEFORE WikiLeaks began promoting access to the emails online. They declared this was the smoking-gun clearly established that the Trump was being offered special advanced access to the DNC archive which they said was really from the Kremlin via Wikileaks.

CNN claimed it had “multiple sources” on this smoking-gun. They refuse to say who or how did they so stupidly take an email that was dated September 14th from a nobody and reported that it was dated September 4th. Hours after CNN had broadcast its story that would topple the Trump presidency and see him dragged from the White House in chains by his hair, Washington Post reported that CNN got the key fact of the story completely wrong. Their headline read: Email pointed Trump campaign to WikiLeaks documents that were already public.

So now, CNN, the Most Trusted Name in News™, has proven they are so biased, they read the email to be something they are so desperately trying to accomplish – the overthrow of the United States government.

Pending Tax Reform


Congressional Republicans finally reached a deal on the tax cuts, the biggest reform in 30 years. This sets the stage for a vote next week. The U.S. corporate tax rate was changed upward moving to 21%. The top[ tax rate will be reduced marginally from 39.6% to 37%.

The corporate alternative minimum tax will probably be repealed. The proposed $10,000 cap for state and local property tax deductions should survive and the cap on mortgage interest deductions will be set at $750,000 on home loans, and provide the owners of pass-through businesses with a tax rate of 20%.

Of course, the criticism from Democrats is the typical Marxist slant that the Republican plan benefits the rich and corporations rather than the middle class. Small business employs 70% of the civil workforce and that is the engine that creates jobs. The top rate moves down from 39.6^ to just 36%, so that is nothing to write home about, yet the Democrats will do so anyway.

The criticism from Democrats that the tax bill will benefit corporations is classic. What they fail to mention is that who is the biggest holder of corporate shares? PENSION FUNDS! So who gets the benefit? Predominantly the Middle Class – not the rich.

 

The deal would gut part of the Obamacare health law by repealing a federal fine on individuals who fail to obtain health insurance. That is a major benefit to the youth who the Democrats have devastated. It was the Clintons who eliminated the right to go bankrupt on Student Loans, and then Obama put in the fine upon the youth if they refused to buy healthcare. The youth have been abused by the Democrats on a wholesale basis.

 

The final bill could be announced on Friday, with the final vote expected next week in both chambers.

The vote in the Senate will be tight. The Republicans hold a 52-48 majority. They cannot lose more than two votes on the tax bill. While Senator John McCain was in a military hospital to undergo treatment for the side effects of cancer therapy, the two Republicans whose careers could be ended if they reject the bill such as Arizona’s Jeff Flake.

The passage of this tax bill will be the most dramatic reform ever. The two major tax cuts were John F. Kennedy and Ronald Reagan

Trading v Socrates


QUESTION: Marty; All of these Robo trading plans are simply a flat model. Socrates is forecasting short and long term rather than just trading a flat model. Am I correct?

PT, Canada

ANSWER: Correct. The approach to modeling is traditionally flat. It will take one market and attempt to create a buy/sell model on that market exclusively to the exclusion of all other markets. This is the reason these flat models will blow up even such things as the Black & Scholls, which won the Noble Prize before it created the Long-Term Capital Management collapse in 1998. That is the subject of the book titled – When Genius Failed.

The flat model approach is a disaster. They will work for a while and the blow up BECAUSE they are incapable of grasping the wildcard contagion. That is what happened in the LTCM collapse. The illiquidity in the collapse of the Russian market led to the selling of all other markets to raise cash. There are plenty of people who are soliciting money claiming they have “mastered” our model. That is absolute nonsense because they are interjecting their own OPINION and that will be a guaranteed loss down the road. This requires NO OPINION and the fact that someone will try to supplement by writing reports on markets shows they are basing their trading on opinion.

Here is the Euro traded by Socrates just using Reversals without cycles from a pure hedging perspective. There is a huge difference between being more active using short and long-term Reversals. Hedging models are either long or short and DO NOT add to positions as they unfold as is the case with Speculation.

 

The Speculation models also differ depending upon using just the long-term Reversals and if you use both the Short and Long-Term.

In both instances, this is using the Weekly Level of activity. You can step back and use just the Monthly level. The trading performance will vary differently depending on what your objectives are.

Obviously, anyone soliciting model trying to claim they are using Socrates are just not telling the truth. They will inject their own OPINION and that will override everything.

We are reviewing REPUTABLE firms that will use our model WITHOUT interjecting OPINION. During the 1987 Crash when the Brady Commission investigated what they thought was caused by computer trading, the discovered that the computers were right, the traders did not follow them.

The Architect of Destruction


P. Maureen Scott is an ardent American patriot who was born in Pittsburgh, PA, and retired to Richmond, VA, in 2000. Free from the nine-to-five grind of writing for employers and clients, she began writing political commentary to please herself and express her convictions. The accomplishment of which she is most proud is her volunteer work at an Army base where she looked into the eyes and hearts of the service members who protect our country. Our Pledge of Allegiance, a military band playing the National Anthem, and the wisdom of our Founding Fathers, inspire her passion and views. Her life is guided by a firm belief that truth is the most important virtue, and that God knows what He is doing with her.

ABSOLUTELY NO ONE, could have described this President more accurately. This is a brief biography that articulates the man, his life and his goals perfectly!

Re-posted from Renew America on March 1 2013 By Maureen Scott

The Architect of Destruction

By Maureen Scott

“Obama comes from a community organizer background where it’s us against them. But that’s not who we are. And that’s not the position the leader of our Nation should take.” – Dr. Benjamin Carson

Barack Obama appears to be a tormented man filled with resentment, anger, and disdain for anyone of an opinion or view other than his. He acts in the most hateful, spiteful, malevolent, vindictive ways in order to manipulate and maintain power and control over others. Perhaps, because, as a child, he grew up harboring an abiding bitterness toward the U.S. that was instilled in him by his family and mentors…it seems to have never left him.

It is not the color of his skin that is a problem in America .

Rather it is the blackness that fills his soul and the hollowness in his heart where there should be abiding pride and love for this country.

Think: Have we ever heard Obama speak lovingly of the U.S. or its people, with deep appreciation and genuine respect for our history, our customs, our sufferings and our blessings? Has he ever revealed that, like most patriotic Americans, he gets “goose bumps” when a band plays “The Star Spangled Banner,” (no he gets goose bumps when he hears the ”Muslim call to prayer” (his words) or sheds a tear when he hears a beautiful rendition of ” America the Beautiful?” Does his heart burst with pride when millions of American flags wave on a National holiday – or someone plays “taps” on a trumpet? Has he ever shared the admiration of the military, as we as lovers of those who keep us free, feel when soldiers march by? It is doubtful because Obama did not grow up sharing our experiences or our values. He did not sit at the knee of a Grandfather or Uncle who showed us his medals and told us about the bravery of his fellow troops as they tramped through foreign lands to keep us free. He didn’t have grandparents who told stories of suffering and then coming to America , penniless, and the opportunities they had for building a business and life for their children.

Away from this country as a young child, Obama didn’t delight in being part of America and its greatness. He wasn’t singing our patriotic songs in kindergarten, or standing on the roadside for a holiday parade and eating a hot dog, or lighting sparklers around a campfire on July 4th as fireworks exploded over head, or placing flags on the grave sites of fallen and beloved American heroes.

Rather he was separated from all of these experiences and doesn’t really understand us and what it means to be an American. He is void of the basic emotions that most feel regarding this country and insensitive to the instinctive pride we have in our national heritage. His opinions were formed by those who either envied us or wanted him to devalue the United States and the traditions and patriotism that unites us.

He has never given a speech that is filled with calm, reassuring, complimentary, heartfelt statements about all the people in the U.S. Or one that inspires us to be better and grateful and proud that in a short time our country became a leader, and a protector of many. Quite the contrary, his speeches always degenerate into mocking, ridiculing tirades as he faults our achievements as well as any critics or opposition for the sake of a laugh, or to bolster his ego. He uses his Office to threaten and create fear while demeaning and degrading any American who opposes his policies and actions. A secure leader, who has noble self-esteem and not false confidence, refrains from showing such dread of critics and displaying a cocky, haughty attitude.

Mostly, his time seems to be spent causing dissension, unrest, and anxiety among the people of America , rather than uniting us (even though he was presented to us as the “Great Uniter”). He creates chaos for the sake of keeping people separated, envious, aggrieved and ready to argue. Under his leadership Americans have been kept on edge, rather than in a state of comfort and security. He incites people to be aggressive toward, and disrespectful of, those of differing opinions. And through such behavior, Obama has lowered the standards for self-control and mature restraint to the level of street-fighting gangs, when he should be raising the bar for people to strive toward becoming more considerate, tolerant, self-disciplined, self-sustaining, and self-assured.

Not a day goes by that he is not attempting to defy our laws, remove our rights, over-ride established procedures, install controversial appointees, enact divisive mandates, and assert a dictatorial form of power.

– Never has there been a leader of this great land who used such tactics to harm and hurt the people and this country.

– Never have we had a President who spoke with a caustic, evil tongue against the citizenry rather than present himself as a soothing, calming and trustworthy force.

– Never, in this country, have we experienced how much stress one man can cause a nation of people – on a daily basis!

Obama has promoted the degeneration of peace, civility, and quality of cooperation between us. He thrives on tearing us down, rather than building us up. He is the Architect of the decline of America , and the epitome of a Demagogue.

 © Maureen Scott

 

Lou Dobbs Interviews Representative Jim Jordan – FBI and DOJ Leadership Conspiring Against Donald Trump…


After the House Judiciary hearing today, Lou Dobbs debriefs Jim Jordan on the current status of recent revelations.  The current Office of Inspector General is providing daily information surrounding their years-long investigation into politicization of the FBI and DOJ by senior levels of Obama leadership withing the organization.

The bigger issue now surfacing is how Obama Administration officials within the Federal Bureau of Investigation and Dept of Justice have been caught using their investigative and legal authority to target the political campaign of Donald Trump.   Essentially the government was weaponized against a political opponent.

What is being brought to the surface is treasonous in its unlawfulness.

Because the larger ramifications are so consequential, it is now increasingly obvious the OIG is carefully providing sequenced information to the larger public, in small portions, enabling the public to digest the severity and scope.

.

Over the past two weeks we have seen releases from the IG that are building toward a much more consequential outcome.  The corruption is jaw-dropping. The very heart of the U.S. system of Law (DOJ) and Order (FBI) is now at risk.  The IG obviously understands the need for caution within these discoveries.

And Now We Know….


#1) …exactly why the White Hats are selectively preparing the larger U.S. electorate in advance of the 1.2 million documents which will outline the background of the Inspector General’s year-long investigation into the politicization of the FBI and DOJ.

The recent IG releases of information, Agent Strzok, Lisa Page, Bruce Ohr and Nellie Ohr; to include FBI Agent Peter Strzok’s text messages with FBI Lawyer Lisa Page; are strategically sequenced -and timed- in their public release.

The information drop today, which includes the text messages, reveals the bigger plot:

August 15, 2016, FBI Agent Strzok tells FBI Lawyer Lisa Page:

“I want to believe the path you threw out for consideration in Andy’s office that there’s no way he gets elected – but I’m afraid we can’t take that risk. It’s like an insurance policy in the unlikely event you die before you’re 40.”

“Andy’s office” would be FBI Deputy Director Andrew McCabe; and the appearance here is a clear outline to use the Steele Russian Dossier, as the foundation to the FISA warrant, which would be considered “an insurance policy” against candidate Donald Trump winning the presidency.

Yes, that would be a conspiracy; being discussed in Andrew McCabe’s office.  A few weeks later (October 2016), the FBI and DOJ did get the FISA warrant they were discussing in August 2016.

#2) …. And now we know why Andrew McCabe cancelled his scheduled appearance on Capitol Hill yesterday.  He didn’t have an “Ohr” problem, he had a larger conspiracy issue that he was likely to be questioned about, and someone tipped him off.  After McCabe’s  cancellation the IG office distributed the text messages to the full House.

#3) …. And now we know why Nellie Ohr, Fusion GPS contract employee and wife of Associate DOJ Deputy Bruce Ohr,  began using a HAM radio when the operation against candidate Donald Trump was conceived.

Nellie Ohr was hired by Fusion-GPS to specifically work on the Trump project and coordinate with MI6 Agent Christopher Steele. The Steele Dossier would later become the underlying evidence behind the application for the FISA warrant to wiretap Donald Trump and being electronic surveillance.

#4) ….And now we know, so far, on the FBI side of the conspiracy, the years-long IG investigation has captured FBI Agent Strzok, FBI Attorney Lisa Page, and FBI Deputy Director Andrew McCabe.

Likely the IG has also captured Bill Priestap, head of FBI counterintelligence and FBI Agent Strzok’s boss.  Priestap was the guy who Comey blamed for not informing congressional oversight, and Bill Priestap was also the guy who went to the White House present the information against NatSec Advisor Mike Flynn along with Sally Yates (DOJ).

We do not yet know if the IG has captured enough on FBI Director James Comey.

It would appear, at least so far, that Peter Strzok is willing to fall on his sword and take the blame for steering/manipulating the 2016 FBI investigation of Clinton’s emails; perhaps in an effort to protect James Comey.  However, will James Comey get caught in the Russian Conspiracy sting?  Too soon to tell.

 

What is obvious from the last 72 hours is that the Inspector General’s office is selectively, and strategically, letting out information that appears to be preparing the general public for a rather extensive, and troubling, bigger story.

Simultaneously, if we accept the IG investigation is ongoing, these releases would also be part of a strategy, the ending of the sting, to see how each of the participants responds. It is likely all of the identified plotters are being actively monitored to see how they are reacting.

Watch Video:

 

FBI Agent Peter Strozk Anti-Trump Messages Released To Media – However, The Key Question is Not Content…


The text messages between FBI Agent Peter Strozk and his mistress, FBI lawyer Lisa Page, have been released to both Fox News and CBS.  SEE HERE and SEE HERE.

The messages reflect a strong bias against President Trump. However, the bigger story is not the anti-Trump bias within the text communication, the BIGGER story is why the Department of Justice, Office of Inspector General (OIG), began even looking at Agent Peter Strozk’s communication in the first place.

Remember, the original mandate by the Inspector General’s office was initiated to review and discover any politicization of the FBI and/or DOJ officials.

After news broke of Strzok’s removal from investigative duty within the FBI counterintelligence unit, what the OIG responding statement said was for 11 months the Dept of Justice OIG office has been investigating the politicization within the DOJ and FBI and deciding if the actions, or lack of action, was driven by the political ideology of the participants therein:

(pdf Link)

In essence the IG began looking for any investigative issues that might show how political bias might have resulted in manipulated or changed investigative outcomes.  Potentially those outlined issues are brutally unethical, and most likely unlawful.  [Read the initiating IG office outline above because I’m going to reference it later] Emphasis:

“The January 2017 statement issued by the Department of Justice Office of the Inspector General (OIG) announcing its review of allegations regarding various actions of the Department of Justice and the Federal Bureau of Investigation in advance of the 2016 election stated that the OIG review would, among other things, consider whether certain underlying investigative decisions were based on improper considerations and that we also would include issues that might arise during the course of the review.

The OIG has been reviewing allegations involving communications between certain individuals, and will report its findings regarding those allegations promptly upon completion of the review of them.”

It was within this IG investigation that SOMETHING pointed the investigative agents in the direction of FBI Agent Peter Strzok.  What that something was and is remains an unknown variable; however, the outcome of the subsequent inquiry led to Agent Strzok being removed mid-summer from Special Counsel Robert Mueller’s team.

There was some precipitating event that led the IG to investigate the communication of FBI Agent Strzok.  That precipitating event or behavior is where the real story lies, and not in the downstream collection –and current release– of biased text messages between Strzok and his mistress FBI Attorney Lisa Page who worked for Deputy FBI Director Andrew McCabe.

Against the backdrop of current activity, and knowing there is a newly established special joint task force within the DOJ and FBI to identify leaks, we can reasonably speculate Agent Strzok was caught while the IG was investigating politicization, and the DOJ/FBI  leak task force was hunting intelligence “leakers“.

As Judicial Committee Representative Jim Jordan rightly outlined, Agent Strzok would not likely be removed because he had biased text messages with his mistress.  So long as that bias did not interfere with his work duty, there is no issue; and Strzok was not in a position of supervision over Lisa Page so they could encounter like rabbits to their black-hats desire.  However, if FBI Agent Strzok was a “leaker” to the media, or worse, well, that’s an entirely different kettle-o-fish.

Getting caught as a leaker is likely the reason Strzok was removed and reassigned to the HR post; not the bias.  The bias, writ large, is essentially a snipe hunt; it makes good media clicks, it feeds a good headline, but ultimately it’s a nothingburger.  The reports on this angle are flak and countermeasures.

However, Agent Strzok leaking information to the media; his changing the outcome of an FBI investigation into a political ally, Hillary Clinton; and his investigative involvement in the Trump Russia Conspiracy, via the Steele Dossier and FISA warrant, well, that’s the real issue evident here.

AUGUST 2017 – […] A former FBI agent who worked with Strzok on and off over several years in the bureau’s counterintelligence division said that Strzok’s move to HR means he has now been separated from counterintelligence work altogether.

[…]  Strzok’s departure also came one week after The Washington Post reported that Mueller had obtained a search warrant to raid the home of President Donald Trump’s former campaign chairman, Paul Manafort. The Post report cited “people familiar with the search,” prompting questions about whether anyone on Mueller’s team had leaked the existence of the search warrant to the Post. (link)

Which leads us to the next headline story that dovetails into this ideological weaponization by FBI/DOJ/DC officials leaking to the media.

Donald Trump Jr. has now written a letter of complaint to the House Rep. K. Michael Conaway, a Texas Republican who is heading the House Intelligence inquiry into Russian election interference.  Don Jr’s outline specifically focuses on the erroneous leak to CNN about the content of a received email; and requests an investigation into how the leak took place:

The Washington Times reports:

[…] Republicans suspect that the staff of Rep. Adam Schiff, California Democrat, leaked the erroneous “scoop” to CNN. They say his staff regularly leaks, with CNN being a favorite, with a spin that is not accurate.

Mr. Schiff, who is a big fan of the discredited Trump dossier, appeared on TV afterward. Mr. Futerfas said he misrepresented his client’s testimony.

[…] Mr. Futerfas’s implication is that the leakers let the story catch fire on social media and other venues before correcting it.

“Ranking Member Schiff and his staff do not leak classified or confidential information, and any disclosure of non-public information by the congressional committees undertaking investigations is singularly unhelpful,” Mr. Schiff said in a statement. “It is imperative that all investigations into Russia’s covert political interference campaign operate with appropriate discretion and refrain from publicizing information for short-sighted political gain.”  (read more)

Having some idea of how these DC investigative practices work, it is highly doubtful that Don Jr’s attorney self-initiated that complaint on his client’s behest.  There is a strong possibility the investigative unit, the new leak task-force, and/or the IG office, needs that initiating complaint in order to continue targeting the potential subjects of the leaks.

Given the recent activity surrounding the House Intelligence Committee, there is a better than good likelihood Minority Chairman Adam Schiff is one of the targets; and if the pattern exhibited within the Strzok investigation is followed, Schiff’s communications might also be monitored within the net as it is cast.

FBI Agent Peter Strzok’s former boss was Bill Priestap, FBI Asst. Director in charge of Counterintelligence.  [The same Bill Priestap James Comey stated was the person who decided not to tell congressional oversight of the investigation]  Bill Priestap’s boss was FBI Deputy Director Andrew McCabe. McCabe was also Lisa Page’s boss. Directly above McCabe in the chain-of-command was FBI Director James Comey.

Notice how things are seeming to gain speed within the daily/weekly discovery cycles?

Bitcoin To Be or Not to Be?


QUESTION: Hi Martin,
despite the Bitcoin fanboys arguing that Bitcoin is untouchable by governments, would you agree that once governments, in particular, the Chinese government, make it unlawful to own Bitcoins, the additional introduction of proceeds-of-crime legislation would make it extremely difficult, if not impossible, to use Bitcoins to acquire assets, and dealing a permanent blow to Bitcoins’ value? At some point, Bitcoin owners need to be able to interface with the real market to buy assets, and that’s where the government can catch them and ask them to prove how an asset was acquired.

Will you be giving a forecast on Bitcoin’s price at some point?

Keep up the great work.
regards

AG

ANSWER: Bitcoin has replaced gold as the hot anti-establishment medium which has been gaining momentum. In light of India canceling their currency, there is a growing position against government currencies. This is certainly part of the entire shift from a Public to a Private Wave on the Economic Confidence Model. The overall confidence in government has been declining significantly on economic and political levels – i.e. the election of Trump, BREXIT, and Merkel collapsing to 32.5%.

In a purely economic sense, Bitcoin is really the medium of exchange in a barter situation. That is what BARTER was all about. It was some object that was recognized as acceptable among a group of traders so it becomes the medium of exchange. The problem with Bitcoin is that it is limited and therefore does not represent a true currency that many expect to compete against the government when there is not enough to go around for everyday use among the people.

Historically, when the government of Japan abused its power to issue money, people simply refused to accept it and used Chinese coins and bags of rice. Japan lost the power to issue its own money for 600 years. Even in Zimbabwe, the hyperinflation resulted in people using the currencies of other countries with the U.S. dollar at the top of the list. The same trend unfolded during the hyperinflation of Germany. There is a long historical record of people using the currencies of anyone other than their home government. We see this in ancient times as well. India, back in the day, struck imitation gold coins of the Roman Empire. They were often even overweight. Nonetheless, the image of a Roman coin was more trusted than a local issue.

Much of the entire problem with Bitcoin stems from the fact that it is in a very gray area. Is it truly a currency or an investment product like a stock? Or is it just a commodity serving as a medium of exchange in a barter situation? The tax implications are strikingly different for each.

If we look at foreign currency, the way this is handled is significantly different from shares. Any transaction under $600 is exempt from taxation due to fluctuation gains or losses. This is typically in play for those who travel on vacation. Exceed a transaction of $600 and you are liable to report that transaction gain to the government for taxation. Profits are theirs and losses are yours.

However, when you are dealing with a currency, then you must always be aware of the crime known as Structuring which is the act of parceling what would otherwise be a large financial transaction into a series of smaller transactions to avoid scrutiny by regulators or law enforcement. In other words, you are going to make a transaction of say $35,000. To avoid the bank reporting that transaction, you withdraw $9,500, $9,500, $9,500, and $6,500. You beat the regulation and that is a crime for which the government commonly throws people in prison and confiscates all the money involved.

Dennis Hastert 2

Dennis Hastert, the former Speaker of the House, was indicted by a grand jury on charges of structuring and lying to the FBI. Back in 2014, a Hartford, Connecticut man was sentenced to 18 months in prison for structuring $48,195 to buy a Corvette and a 2012 BMW 650i. They took the money and the cars. Also, a doctor from Georgia was sentenced to 36 months in prison and ordered to forfeit $870,238 which he engaged in Structuring to beat the reporting. This is far more common than people suspect. Retail stores accepting cash often have problems and must explain their operation to the bank to avoid the bank reporting them as a Structuring violation.

Under stock investing, your stockbroker issues you an IRS report under the 1099-B form which accounts all your gains and losses. This is a major difference between currency and legitimate stock market investments. Under currency, you must report your gains and losses. As I reported previously, I retired from making-markets in precious metals because the IRS declare me to be a bank and thus a financial institution. In the case of the summons against Coinbase users, the Department of Justice demanded the turnover of everyone. There are no rules so those people will be audited.

The IRS can simply make a rule and that will be the end of the issue. Congress has introduced the Cryptocurrency Tax Fairness Act which requires the Treasury Department to issue guidelines for informational reporting on digital currency transactions for which capital gains is due. The agency will make the rules and those rules are sufficient as laws that carry criminal penalties. The interpretation belongs entirely to them and the courts will defer to them as the expert. So much for courts being independent checks against arbitrary government.

The critical issue will be what does the IRS do? Will they declare everyone who mines Bitcoin is a financial institution and must then report every transaction of $10,000 or more and suspected s as financial institutions? The regulatory burden will severely curtail those involved with Bitcoin.

All of that said, what if Bitcoin is just a commodity? Normally, if I have an apple and I trade it with you for an orange, that is not a cognizable transaction for tax purposes. The problem with Bitcoin is its marketing as a currency. It may really just be a commodity for all practical purposes economically speaking. However, because it is presented as a cryptocurrency, it may be a duck that quakes as a commodity since it is NOT “legal tender” and acceptable by any government for taxes, but, if they call it a pig, it is a pig for tax purposes.

Bitcoin is included in Socrates basic level right now. The Futures contract on the CBOE will make prices much more tangible since people can put up prints with just one Bitcoin trading at $17,000.

The futures contract will for the first time put a legitimate price mechanism that is not as easily susceptible to fraud and market manipulations as cash markets are. Just go watch the Big Short. The banks would not make a real market until then off-loaded their own risks. That is why CDOs were regulated to go through a clearinghouse – no more off-exchange quotes. This advance for Bitcoin will be the first MAJOR step in really making it a viable market. Up until now, the quotes are always subject to fraud. It is easy to put up prints. Then everyone things all their Bitcoin is suddenly worth that new high price. Let everyone say SELL, and watch the price collapse

EU To Restrict Movement of Cash


The EU is now developing strict rules for carrying cash when traveling to non-European countries and returning to Europe. The revision of the First Cash Control Regulation from 2005, which stipulated that EU citizens should register cash in excess of € 10,000 when leaving the EU or when returning to the customs authorities have to, is what is under review. They want to lower the number and include gold, gemstones, and cash debit cards.

Interestingly, cryptocurrencies are not to be regarded as cash. Why? They are not sure how to detect them. The EU explanation reads: “Despite the high risk emanating from cryptocurrencies like Bitcoin, these are not added to the cash. The reason for this is that the customs authorities lack the technical means to discover cryptocurrencies. “

The customs authorities can now seize any amount of cash less than € 10,000 if they suspect that the money is somehow involved in any criminal activity. This is authorizing the Civil Asset Forfeiture that has been so profitable to the United States. Hence, the EU does not clearly define what suspicion is required to classify as a possible criminal activity. That will be avoiding taxes.

The EU is also extending the new rules to any freight shipment involving cash. Already, one cannot send cash by mail. This is now freight shipments. A friend used the service where you can send your baggage ahead of you for a trip. He was called down and had to remove $2.75 cents that were in a suitcase headed back to London. So there is no amount too small.

The purpose of the rules is now openly being justified to fight against tax evasion, along with moonlighting and terror financing. The government clearly understands that cash is the only way for citizens to protect their savings from access by states and banks and any special levies or wealth taxes. Closing this door merely opens the door to cash investment turning to movable assets particularly shares.