FBI investigating ‘very specific’ threat to Los Angeles transit system


Lets hope this is false!

Iran streamlines missile production, makes more weapons for less money – general


Trump will fix this problem.

Burka must be banned in Germany ‘wherever legally possible’ – Merkel


Merkel to be making these statements now after what you have done to Germany and the EU means you care only about your personal power you did give a dam about the people!

Frontrunning: December 6


Tyler Durden's picture
  • Trump heads back out on road for ‘thank you’ tour (AP)
  • For Europe’s Unity, 2017 Will Be a Year of Reckoning (WSJ)
  • Oil dips as OPEC, Russian output rises ahead of production cut (Reuters)
  • The Pessimist’s Guide to 2017 (BBG)
  • Donald Trump’s Message Sparks Anger in China (WSJ)
  • Brazil’s Reform Plan in Disarray After Senate Chief Removed (BBG)
  • China urges U.S. to block transit by Taiwan president (Reuters)
  • Wooed by Trump, Taiwan Trembles (WSJ)
  • SoftBank’s Son Said to Plan Meeting With Trump in New York (BBG)
  • Syrian government, ally Russia warn rebels in city of Aleppo (AP)
  • Blackstone Going Public on $10 Billion Foreclosures Bet (WSJ)
  • A Cheat Sheet on the Deglobalization of the Financial World (BBG)
  • One Historic Lens Says Trump Stock Market Lovefest Just Starting (BBG)
  • U.S. ‘Disappointed’ by Japan’s Plan to Cut Drug Costs (WSJ)
  • Family’s $29 Billion Fortune Claim Denied Amid India’s Tax Hunt (BBG)
  • Orban allies tighten media grip ahead of Hungary election (Reuters)
  • U.S. seeks to reassure Beijing after Trump call with Taiwan leader (Reuters)
  • Theranos Foresaw Huge Growth in Revenue and Profits (WSJ)
  • Rouhani says Iran will not let Trump rip up nuclear deal (Reuters)
  • Danish police arrest suspect after policeman shot in head (Reuters)

 

Overnight Media Digest

WSJ

– The verbal confrontation between President-elect Donald Trump and the Chinese government escalated on Monday, as China responded harshly to attacks by Trump on its economic and security positions. http://on.wsj.com/2ge4jXO

– Amazon.com Inc unveiled Monday its first small-format grocery store, Amazon Go, one of at least three brick-and-mortar formats the online retail giant is exploring as it makes a play for an area of shopping that remains stubbornly in-store. http://on.wsj.com/2haHTIQ

– The euro rallied from early losses following Italian voters’ rejection of government-backed constitutional changes, but the volatile day raises concerns about how the currency survives an era of populist politicians and diverging economies. http://on.wsj.com/2h1qv8W

– A day after the Obama administration put the brakes on a Midwest oil pipeline by denying a permit needed to finish the route, a spokesman for President-elect Donald Trump said the incoming administration supports completing the project. http://on.wsj.com/2gZxrRe

– President-elect Donald Trump said he will nominate retired neurosurgeon Ben Carson as secretary of the U.S. Department of Housing and Urban Development, a move that would place a former political adversary with little housing-policy expertise in a key administration post. http://on.wsj.com/2h9PXt5

– Investor materials show Theranos projected revenue of nearly $2 billion and net income of about $505 million this year. http://on.wsj.com/2h1bCmU

– Euroskeptic parties vary in their prescriptions but are putting pressure on mainstream politicians to address perceived flaws in the EU and common currency. Elections next year in several European nations will go far to determine the fate of continental integration. http://on.wsj.com/2h9SPSS

– New Zealand is facing a leadership contest following the surprise resignation of Prime Minister John Key that will pit his deputy, a former party leader, against at least two other prominent members. http://on.wsj.com/2gXlCe2

– The U.S. Senate Monday cleared the final hurdle to passage of broad legislation aimed at boosting federal funds for biomedical research and speeding up government approval of drug and medical-devices, a goal pursued by the pharmaceutical industry over the objections of some consumer advocates. http://on.wsj.com/2gXkjMl

 

FT

Britain’s government is listening closely to the financial services sector’s Brexit concerns, said finance minister Philip Hammond and the minister in charge of the process for the country’s exit from the European Union, David Davis.

British Transport Minister Chris Grayling will say in a speech on Tuesday that he wants Network Rail to share responsibility for running railway tracks with other operators.

Euro zone finance ministers agreed on Monday on some debt relief for Greece, but were divided on reforms it must undertake to reach fiscal targets, leaving it unclear if the International Monetary Fund will join the Greek bailout programme.

Britain is beginning to prepare its new World Trade Organisation membership terms ahead of its exit from the European Union and will seek to closely replicate the existing EU ones, Trade Minister Liam Fox said on Monday.

Web giants YouTube, Facebook, Twitter and Microsoft will step up efforts to remove extremist content from their websites by creating a common database.

 

NYT

– Amazon has created a small grocery store in Seattle that will allow customers to take drinks, prepared meals and other items off shelves and walk out without having to wait in a checkout line. It planned to open the store to the public early next year and that it would offer chef-made meal kits with ingredients for quickly preparing dinners at home. http://nyti.ms/2gx5Wxx

– Facebook, Google, Twitter and Microsoft said they have teamed up to fight the spread of terrorist content over the web by sharing technology and information to reduce the flow of terrorist propaganda across their services. The group plans to create a kind of shared digital database, “fingerprinting” all of the terrorist content that is flagged. By collectively tracking that information, the companies said they could make sure a video posted on Twitter, for instance, did not appear later on Facebook. http://nyti.ms/2gxbzvv

– The international oil industry agreed to pay billions of dollars to the Mexican government for rights to drill in the country’s portions of the Gulf of Mexico. The companies made a big bet that oil and natural gas prices would eventually rebound enough to make additional exploration and drilling profitable. The sale was a validation of Mexico’s decision to open its former government-monopoly energy business to foreign investment and expertise. http://nyti.ms/2gxajIO

– Uber acquired artificial intelligence start-up Geometric Intelligence. The new research arm will be called Uber’s A.I. Labs and all 15 people from the start-up will be absorbed by Uber. Uber said it hoped that through the acquisition, the new team could harness the wealth of data it collects from the millions of daily Uber rides. http://nyti.ms/2gxdTTf

 

Britain

The Times

Tata Steel Ltd says it has made significant commitments to more than 4,000 workers at the Port Talbot steelworks in south Wales, which has spent the past eight months under threat of closure. Rather than close one of the two blast furnaces at the steelworks, which many believe Tata has been considering as part of a merger of its European operations with ThyssenKrupp, of Germany, it is believed that the Indian-owned industrial group plans to keep staff employed into the next decade. http://bit.ly/2gZTM14

Shareholders at Independent News & Media Plc have voted overwhelmingly in support of restructuring measures despite protests from current and former staff whose pensions will be cut as a result. http://bit.ly/2gZSAL6

The Guardian

Amazon.com Inc has opened a corner store where customers can pick up their groceries and just walk out without having to queue up and pay at the checkout. The company said shoppers at its Amazon Go store will have the cost of their purchases automatically billed to their Amazon Prime account. Sensors will track customers as they go about the store and record items they pick up. http://bit.ly/2gvgI7u

A top U.S. investment bank resigned as a key adviser to Mike Ashley’s Sports Direct International Plc because of concerns that the retail company had manipulated its share price, according to claims made in a high court document. Bank of America Merrill Lynch had concerns about Sport Direct’s corporate governance and the “propriety” of share transactions in 2012 around its employee bonus scheme, according to allegations in legal filings by Jeff Blue, previously one of Ashley’s key allies. http://bit.ly/2gJPRaC

The Telegraph

GW Pharmaceuticals Plc plans to expand manufacturing in the United Kingdom and boost cultivation of the cannabis plants it uses to make a treatment for severe epilepsy, its chief executive has said. http://bit.ly/2hbxM6u

Blackcurrant drinks should be exempt from the government’s sugar tax, drinks makers including Ribena have suggested, as Treasury documents reveal a number have asked for special treatment by the Treasury. http://bit.ly/2gWyy46

Sky News

An executive who left BG Group months before a takeover approach from Royal Dutch Shell is being lined up to take the helm of Genel Energy Plc , the oil company founded by former BP boss Tony Hayward. Chris Finlayson is the leading candidate to replace Hayward as Genel’s chairman. http://bit.ly/2g3mkEU

A planned 24-hour strike by London Underground drivers has been suspended, the RMT union has said. Drivers on the Piccadilly and Hammersmith and City lines were due to walk out from 9.30 pm on Tuesday, amid claims of a breakdown in industrial relations, breaches of procedures and bullying and harassment of staff. http://bit.ly/2gvyuaD

Euro, BTPs Hit On Local Reports Italy May Hold Early Elections


Tyler Durden's picture

Update: it appears that early elections are indeed coming to Italy, which could be another major calendar event for Italy, and one which would have far more significant consequences for the political make up of the country should M5S win as many expect. From Reuters:

ITALY INTERIOR MINISTER, SPEAKING AFTER CONVERSATION WITH RENZI, SEES NEW ELECTIONS LIKELY IN FEBRUARY – CORRIERE DELLA SERA 

* * *

The Euro has been hit this morning, losing some 50 pips following reports in both La Repubblica and Corriere, that Matteo Renzi may stay in power for several weeks before potential early elections in January-February of 2017. According to La Repubblica, Renzi may ask that early elections are held in near future in return for staying in power until then. As previously reported, the next Italian general election must be held no later than 23rd May 2018.

The move has pressured other Italian assets, with BTP futures retreating from highs and the Italian bank index paring gains as investors focus on potential for Italian elections to be held early next year.

However, there has been some confusion about the date of the snap elections, because President Mattarella reportedly doesn’t see elections in February technically feasible because changes are needed to the country’s election law known as Italicum.

There is another consideration: should snap elections be hald soon, they would likely lead to a victory for Italy’s anti-establishment Five Star Movement, which as noted on Sunday has already called for immediate elections after the outgoing prime minister Matteo Renzi’s defeat in a constitutional referendum, saying it was prepared to put forward a new government that could immediately assume power.

While it appears unlikely that Beppe Grillo, a former comedian and co-founder of the populist party, will get his general election wish, the bold demand showed his Movimento Cinque Stelle (M5S) now has its sights on an even greater electoral victory: one that would eventually land it in the prime minster’s residence in Palazzo Chigi.

As the Guardian reported, many analysts pointed out that M5S still faces considerable obstacles, including probable reforms of electoral law that will make it difficult for the party to get a majority. “But even if such manoeuvres keep it at bay temporarily, one thing is clear: the party is now the second most powerful force in Italy behind Renzi’s diminished Democratic party.”

Vincenzo Scarpetta, a senior policy analyst at the thinktank Open Europe, said M5S would have a fair chance of winning the next general election under current electoral rules, but those rules are likely to change in coming months under the current Democratic-controlled parliament, which may be the impetus behind delaying elections as much as possible, and why today’s report of early snap elections has led to Euro weakness.

The decision to call immediate elections ultimately falls with Italy’s president, Sergio Mattarella.

Austrian Elections – Still the Anti-Socialist Vote


 

alexander_van_der_bellen

QUESTION: Marty, at the cocktail party you said you did not see the far-right in Austria winning for it was not the same. Then you got pulled off. Just wondering what was different in Austria?

Thank you for the conference. Don’y know where you get the energy from.

RP

NorbertHoferANSWER: Cyclically, Austria was not ready for the extreme far-right. They, nonetheless, threw out the socialists. Norbert Hofer is extreme far-right. He often carries a Glock pistol. Austria was where the Great Depression banking crisis really began. Hofer hoped to capitalize on the anti-establishment wave credited with delivering BREXIT and Donald Trump. Alexander Van der Bellen won for the nominally independent Green Party.  Van der Bellen finished second out of six in the first round of elections before winning the second round against Hofer who was the Freedom Party candidate.

The current president if Heinz Fischer, who was of the Socialist Democratic Party. So the election was still against the Socialists. Hofer was too far-right at this point in time. So the change from socialists is still underway. We do not need to go extreme far-right in the political wave of change.

KOMMONSENTSJANE -CLEAR AND PRESENT DANGER RULE


Good article and I agree 100% that Sharia law can not be allowed in America in any form as it is not compatible with the US Constitution. Further since Sharia law is not in “specifically” in the Quran it is not a part of their religion; it is the legal system that Muslims live under. So therefore since they must follow Sharia law they can never be good citizens and support the constitution which in our country is the supreme law.

kommonsentsjane's avatarkommonsentsjane

Clear and present danger rule – a standard for judging when freedom of speech can be abridged; “no one has a right to shout `fire’ in a crowded theater when there is no fire because such an action would pose a clear and present danger to public safety”

Monroe Doctrine – A principle of US policy, originated by President James Monroe in 1823, that any intervention by external powers in the politics of the Americas is a potentially hostile act against the US.

When there is a conflict between free expression and the demands of public safety, the courts usually rely on the “clear and present danger” rule.  This standard does not exist for the American people under the present government.  Now we have people coming in from all other nations with no vettiing for the safety of the American people.  These people now have more rights than we the people…

View original post 302 more words

Watch “Something is Going Down. DOWNLOAD THIS AND SPREAD IT” on YouTube — Today’s Thought — Arlin Report


Obama’s people being brought in on mass.

kommonsentsjane's avatarkommonsentsjane

via Watch “Something is Going Down. DOWNLOAD THIS AND SPREAD IT” on YouTube — Today,s Thought Haven’t verified this, you should know……but; it does show how an infiltration of radical terrorists can easily enter the U.S. within a mob of illegals. No women, no children but they come here for opportunity! Right! The opportunity […]

via Watch “Something is Going Down. DOWNLOAD THIS AND SPREAD IT” on YouTube — Today,s Thought — Arlin Report

Reblogged on kommonsentsjane/blogkommonsents.

Anyone know what this is about?

kommonsentsjane

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MEDIA SILENCE: ISIS Muslim Captured . . . in Detroit . . . With Grenade Launcher and Grenades!


Hey he was just a gun collector nothing t see here!

GERMAN GOVERNMENT WORRIES ABOUT ISLAMOPHOBIA AFTER MUSLIM REFUGEE RAPES & KILLS WOMAN


Why would the Germans worry about their own citizens when they can bring so many poor helpless woman and children to German to take care of. A few or even a lot of rapes and murders is no big deal!