HILLARY’S REPLACEMENT


Photo post by @arlinreport.

Source: HILLARY’S REPLACEMENT

trump-drain-the-swamp12111111111111211111111111111111111111211111111111111111

Giuliani Wins Breitbart Secretary of State Straw Poll; Bolton second, Petraeus Third, Romney Distant — Brittius — Arlin Report


I like Giuliani and Petraeus

kommonsentsjane's avatarkommonsentsjane

Giuliani Wins Breitbart Secretary of State Straw Poll; Bolton second, Petraeus Third, Romney Distantbreitbart.com ^ | 25 Nov 2016 Source: Giuliani Wins Breitbart Secretary of State Straw Poll; Bolt… Source: Giuliani Wins Breitbart Secretary of State Straw Poll; Bolton second, Petraeus Third, Romney Distant via Giuliani Wins Breitbart Secretary of State Straw Poll; Bolton second, Petraeus […]

via Giuliani Wins Breitbart Secretary of State Straw Poll; Bolton second, Petraeus Third, Romney Distant — Brittius — Arlin Report

Reblogged on kommonsentsjane/blogkommonsents.

Hooray – if not Giulani  than Petraeus.

kommonsentsjane

View original post

Is the Alt-Right Dead?


“We’re Players In Several Giant Games Of Chicken…”


Tyler Durden's picture

Submitted by Ben Hunt via Salient Partners’ Epsilon Theory blog,

Sometimes when you fire up an earthquake machine, you get a real earthquake.

There are three questions I’d like to answer in this Epsilon Theory note: what did the Narrative Machine tell us about the market immediately before and immediately after the November 8 election, what am I preparing for now as an investor, and what am I preparing for now as a citizen? I’m giddy about the first, quietly confident about the second, and pretty darn depressed about the third. Could be worse, I suppose.

On the first question, the Narrative Machine gave clear, actionable, and non-consensus signals prior to the U.S. election last week. For readers who aren’t familiar with what I mean by the Narrative Machine, I’ll refer you to this note by the same title. In a nutshell, I’m using a technology called Quid to take Big Data snapshots of large numbers of financial media articles. These snapshots show the connectivity and influence of each article to every other article, constructing a neural network or “star map” of the narratives and meaning clusters that link the articles. By looking at measures of sentiment and connectivity associated with the network, I think that I can get a good sense of market complacency around events like a Trump victory, as well as the likely direction and magnitude of market moves if an event like that comes to pass. Bottom line: I think that the Narrative Machine gives us a good sense of what’s priced into markets.

Here’s the Quid map of Bloomberg articles talking about Trump in weeks T-5 through T-2.

epsilon-theory-american-hustle-november-17-2016-quid-bloomberg-trump-sentiment

The skinny: there was never any complacency in markets about a Trump win. There was negative sentiment, but no complacency. Maybe the Huffington Post thought there was only a 5% chance of a Trump win, but markets were taking it much more seriously than that.

Now here’s the Quid map of Bloomberg articles talking about Trump in the week immediately preceding the election.

epsilon-theory-american-hustle-november-17-2016-quid-bloomberg-trump

Still just as focused (the 7.6 score here is only slightly less attentive and concentrated than the 8.5 score of markets after the Brexit vote), but look at the sentiment score. We’ve moved from highly negative to only slightly negative. More to the point, it’s the change in score that’s really important, so this Narrative map is telling us that not only is a Trump victory priced into current market price levels, but if he were to win, the market wouldn’t go down much, if at all. That’s in sharp contrast to the consensus view (you know who you are), that not only was the market highly complacent about the prospects of a Trump win, but also that a Hillary defeat would be a disaster for markets, with projections for as much as 12% down.

My commitment to the Narrative Machine research project is to make it as public as possible. Mass email is a poor distribution method, so I tweeted about these findings on Monday, November 7 (@EpsilonTheory) and spoke about them on a Salient-hosted conference call on Tuesday, November 8. But I’m also managing portfolios for Salient now as part of the internal reorganization we announced in October, so I have a responsibility there, too. Long story short … follow me on Twitter to stay the most engaged with this project.

So what’s next for markets?

First, the positive market Narrative regarding tax repatriation, regulatory reform, and fiscal stimulus in the form of infrastructure spending is for real. And by “real”, I don’t mean that I have any confidence AT ALL that these policies will have any permanent effect or multiplier effect or anything like that on the real economy. Sorry. Maybe regulatory reform has a long-lasting impact. Maybe. No, by “real”, I mean that this policy “reform” is a highly effective signal in the Common Knowledge Game and that it will make stocks go up regardless of its impact (or not) on the real economy. Ain’t that enough? It’s enough for me. The Trump reform and infrastructure Growth Narrative is a tailwind for stocks and a headwind for bonds for the next four years because we want to Believe. True that.

epsilon-theory-american-hustle-november-17-2016-borg

Second, nothing about the Trump reform and infrastructure Growth Narrative is sufficient, in my view, to undo the overwhelmingly negative constraints that massive global debt places on global growth. The Silver Age of the Central Banker is still in full force,with a shrinking global trade pie and domestic political imperatives that accelerate that decline rather than reverse it. Competitive monetary policy is the Borg. First it swallows up currencies, because that’s what currencies are — a reflection of your country’s monetary policy versus other countries’ monetary policies. Then it swallows up commodities — things that don’t have their own cash flow dynamics. Then it swallows up entire economies and swaths of the markets that are levered to commodities — emerging markets in general and developed market segments like industrials, energy and transports in particular. Ultimately it all comes down to monetary policy, and its primary reflection in currencies. It’s the Borg. Resistance is futile.

Here’s an updated chart showing the massive negative correlation between the dollar and oil. This is the trade-weighted broad dollar index in white, as measured by the vertical axis on the left, and this is the inverted spot price of crude oil in green, as measured by the vertical axis on the right. The chart starts in June 2014, because that’s when competitive monetary policy and the Silver Age of the Central Banker begins, when Mario Draghi doubled down on ECB asset purchases and negative interest rates at the same time that Janet Yellen declared her intentions to raise interest rates and forswore more asset purchases.

epsilon-theory-american-hustle-november-17-2016-quid-bloomberg-commodity

Source: Bloomberg, L.P. as of 11/8/16. For illustrative purposes only.

Yes, you get short-lived divergences in the lockstep negative correlation, first at the end of 2014 when OPEC announces that they’re out of the price-fixing game, and then again a month ago when OPEC announces that they’re back in the price-fixing game. The joke’s on OPEC. And global macro investors who still think that OPEC matters, I suppose, but mostly on OPEC. The half-life of whatever OPEC does or doesn’t do is measured in days … weeks at most. What is persistent, what is irresistible, what is the Borg in this equation is whether the dollar is going up or down.

The Trump reform and infrastructure Growth Narrative makes the dollar go up. If the Fed raises rates in December the dollar will go up still more. If you get a bad vote in Italy in a few weeks the dollar will go up still more. If you get any sort of geopolitical shock or U.S. domestic political craziness the dollar will go up still more. Dollar up is bad. Dollar down is good. I don’t know how to say it more plainly than that, and all the Belief in the world about tax reform and repealing Dodd-Frank and all that doesn’t change this reality. Maybe you see that and maybe you don’t. I can promise you, though, that China sees it.

So that’s where I am as an investor. I’m positive on U.S. equities because we’ve got a four year tailwind from the Trump reform and infrastructure Growth Narrative. That’s not going away no matter what China or Europe does. On the other hand, I’m negative on global risk assets, particularly anything connected to global trade finance, because we’re players in several giant games of Chicken and I think at least one of these is going to break bad. But at least I’m looking at the right things (I think), like what’s happening to the dollar and to European financial credit spreads, and that’s what gives me the hope that I can navigate these risks and these rewards. That and the ability to go short.

So I’m giddy about the potential of the Narrative Machine and I’m hopeful that I can maneuver through the investment storms out there. Why am I so down about American politics?

epsilon-theory-american-hustle-november-17-2016-cutler

Well, you gotta admit that this September Epsilon Theory note, “Virtue Signaling, or Why Clinton is in Trouble”, has aged pretty well. Turns out that Hillary Clinton was, in fact, the Jay Cutler of this election cycle, a highly talented but highly flawed performer whose team refused to sell out for her. I stand by everything I wrote in this piece — each candidate will be remembered in Common Knowledge as the Yoko Ono of their respective party, breaking up an all-time great band to make an album or two of dubious, to be generous, quality.

And that means I also stand by what I wrote about Donald Trump. I think he breaks us. Why? Because everything is a deal to Trump. Everything is a transaction, from a vote to a policy to a personal relationship. We all know people like this, men who — as the old Wall Street saying goes — would sell their mother for an eighth. Donald Trump transforms positive-sum Cooperative Games into zero-sum Competitive Games. It’s his nature … his great gift as a New York real estate developer, but his fatal flaw as a politician. Is he “a fighter”? Can he “get deals done”? Sure, and there’s value in that. But OUR great gift as Americans is that we are blessed with positive-sum Cooperative Games in the form of limited government and the political culture to maintain those limitations. Our political culture has been changed by Trump. The teacup has been broken. Can we glue it back? I suppose. But like a broken marriage or a broken partnership it’s never the same. It’s always a broken teacup.

I’m not saying that this broken political culture is Trump’s fault. Like I said, it’s his nature to transform everything he touches into a competitive strategic interaction. I can’t blame him any more than I can blame my Sheltie for barking at the wind. If you don’t want barking, don’t get a Sheltie. But the FACT is that we’ve got a Game Changer for our political culture as president, and there’s no walking that back.

Example: look at the prevalent Democratic meme today, that Trump voters were either motivated by racism directly, or that they willfully tolerated a racist candidate … which is just a paler shade of racism. Okay. I get the argument, although I would ask why Clinton didn’t get the support of working class white voters in Wisconsin, Michigan, and Pennsylvania who voted for Obama twice. Were they racist all along and just hiding it really well? But leave aside the merits of the argument, because there’s no changing anyone’s mind these days on the merits of anything (which is kinda my point). My question is a different one. If you really believe this … if you believe in your heart of hearts that Trump voters are racists … where do you go with this? Or rather, what does politics mean to you now? Politics is no longer a “marketplace of ideas” if you think the other side is comprised of bad guys. You’re not trying to win them over. You’re trying to beat them. Not because you think you’re right (although you do), but because you think you MUST beat them or else your own survival is at stake. It’s not only a zero-sum Competitive Game; it’s a zero-sum Competitive Game of self-defense, which means that anything — anything! — goes.

I’m not trying to pick on the Democratic memes (although they’re such easy targets). You see exactly the same sort of popular Narratives on the Republican side about Democratic voters. To summarize this vast oeuvre, if you’re willing to vote for the evil Hillary and her coven of soul-devouring, child-stealing, gun-confiscating, tax-raising, war-starting warlocks and witches … well, you must either be a sheep or a thieving Team Elite wannabe. Either way, you’re contemptible. Contemptibles and Deplorables, not Democrats and Republicans. My point is that if you believe that the people on the other side of a political argument are not just wrong, but are basically bad people, then the meaning you ascribe to politics — your political culture — is entirely different than if you think the other side is comprised of basically good people. You don’t cooperate with bad people, and the political institutions you favor if you’re surrounded by bad people are very different — and very un-American, in the de Tocqueville-ian sense of that word — than what the Founders came up with.

Look, Trump is no Hitler — that’s Erdogan’s shtick — and Trump’s preening egomania is actually a good thing because it crowds out ideological fervor. I mean, he’s not building a political machine to instantiate His Hugeness in institutional form. But there will be people around him who will try, and unfortunately, if I were a betting man — and I am — I’d bet on them to succeed. The rewards are too great and the technological tools at their disposal are too powerful and the political culture is too conducive to the effort and if it’s not them it will be the Thermidorean political reaction of the Left, and that depresses the bejeezus out of me. True that, too.

But that’s the World As It Is, a world of incredible technological promise that thrills the puzzle-solver in me, a world of reasonably interesting market patterns that gives hope to the investor in me, and a world of ascendant soft authoritarians that chastens the small-l liberal in me. I don’t think I’m alone. Put it all together, and my attitude is perfectly summed up by the most perfect ending in all of American literature.

So we beat on, boats against the current, borne back ceaselessly into the past.

After Warning US With “Retaliation” Iran Plans Russian Fighter Jet Purchase, Naval Bases In Syria, Yemen


Tyler Durden's picture

As tensions once again grow between Iran and the US, with both countries unsure if Donald Trump will extend Barack Obama’s landmark “nuclear deal” which in January 2016 lifted Iran’s sanctions (imposed previously by the same Obama regime) and allowed Iran to export three times as much crude oil as the country did one year ago, Iran has fallen back to the same diplomacy that marked the darker periods of diplomacy between Tehran and Washington.

As a result, earlier this week Iran explicitly warned the Trump administration, that extending U.S. sanctions on Iran for 10 years would breach the Iranian nuclear agreement, with Iran’s Supreme Leader Ayatollah Khamenei warning that Tehran would retaliate if the sanctions are approved. The U.S. House of Representatives re-authorized last week the Iran Sanctions Act, or ISA, for 10 years. The law was first adopted in 1996 to punish investments in Iran’s energy industry and deter Iran’s pursuit of nuclear weapons. The Iran measure will expire at the end of 2016 if it is not renewed. The House bill must still be passed by the Senate and signed by President Barack Obama to become law.

Iran and world powers concluded the nuclear agreement, also known as JCPOA, last year. It imposed curbs on Iran’s nuclear program in return for easing sanctions that have badly hurt its economy. “The current U.S. government has breached the nuclear deal in many occasions,” Khamenei said, addressing a gathering of members of the Revolutionary Guards, according to his website. “The latest is extension of sanctions for 10 years, that if it happens, would surely be against JCPOA, and the Islamic Republic would definitely react to it.”

As a reminder courtesy of Reuters, the U.S. lawmakers passed the bill one week after Republican Donald Trump was elected U.S. president. Republicans in Congress unanimously opposed the agreement, along with about two dozen Democrats, and Trump has also criticized it.

 So what can Iran do to retaliate against the US? The simplest thing is what many of the other nations in the region have already done: continue their ongoing political, economic and military pivot toward Russia. And sure enough, according to Reuters, earlier today Iran’s Defense Minister said that the country plans to purchase Russian Sukhoi Su-30 fighter planes to modernise its air force. More troubling to the US, the Iranian minister also threatened that Tehran might again allow Russia to use an Iranian air base for its operations in Syria.


Iranian Defence Minister Hossein Dehghan delivers a speech as
he attends the 5th Moscow Conference on International Security

“The purchase of this fighter is on the agenda of the Defence Ministry,” Defence Minister Hossein Dehghan told reporters, according to the Tasneem news agency, without saying how many planes Iran is negotiating to buy. “However, any purchase of the military planes from Russia should include receiving technology and joint investment, he underlined, saying Russia accepted it in the negotiations,” Tasneem reported. The gambit is clear: should the US revert to a regime of sanctions with Iran, Tehran will immediate pledge allegiance to Putin, extending a new “axis” in the middle east that begins in Moscow and stretches to Syria, and in recent weeks, Turkey, Egypt and now Iran.

There was more.

As the semi-official Tasnim news agency also reported on Saturday, Iran’s chief of staff of the armed forces said that Tehran may be interested in setting up naval bases in both Syria and Yemen. The report by Tasnim, close to military, quoted Gen. Mohammad Hossein Bagheri as saying, “Maybe, at some point we will need bases on the shores of Yemen and Syria.”

He said “Having naval bases in remote distances is not less than nuclear power. It is ten times more important and creates deterrence.”

Gen. Bagheri added that setting up naval platforms off the shores of those countries requires “infrastructures there first.” He said Iran is also able to set up permanent platforms for military purposes in the Persian Gulf and roving ones in other places.

As cited by AP, Bagheri did not elaborate but said “When two thirds of the world’s population lives near shores and the world economy depends on the sea, we have to take measures. Though there is a need for the time for these (steps).”

Unlike the previous “threat” that Iran may purchase Russian military equipment. this is the first time that an Iranian military official has spoken of setting up naval bases in another country in the region.

No Middle Eastern country is known to have a formal naval base in another Mideast country, perhaps because alliances in the region tend to be painfully fickle and countries that until recently were allies quickly become foes.  More from AP:

 Iran regularly sends its warships to the Gulf of Aden to fight piracy. It also conducts occasional naval maneuvers in the Persian Gulf and the Sea of Oman. Iran’s warships regularly visit seaports of friendly countries, including a recent visit to the South African port of Durban.

Iran’s Supreme Leader have repeatedly supported increasing the power of the country’s navy, last year describing the sea as the scene of “powerful confrontation with enemies”. saying the future of power is based on powerful presence in the seas. The country has dozens of warships and light and Kilo-class submarines. It has hundreds of speed boats too, four of which harassed a U.S. warship earlier this year.

Iran is currently helping the Shiite Houthi rebels in Yemen and the Syrian government in their fights against the extremist Islamic State group.

The good news for Obama is that the outgoing president is no longer relevant: it will be Trump’s task to difuse the situation, which is somewhat paradoxical. On the one hand, the President-elect is hoping to restore relations with the Kremlin; on the other he is planning to burn the biggest bridge with Iran, one which will unelash a new era of Russian-Iranian cooperation, and an aggressive Iranian military expansion in the region, one which may bring Israel back out of geopolitical hibernation. Ultimately it will be up to Trump’s Secretary of State – whether Romney or Giuliani – to figure out a solution to this dilemma without risking further national interest losses in either Eastern Europe or the Middle East.

Trump Slams “Brutal Dictator” Castro’s “Legacy Of Firing Squads, Theft, Suffering And Poverty”


Tyler Durden's picture
fidel-castro-dead-3

Having been unable to find a compromise on any topic affecting the living, outgoing president Obama and president-elect Donald Trump found a way to disagree even on the topic of death: that of Fidel Castro.

Earlier this morning, President Obama issued a typically soothing, celebratory statement in which he extended a hand of friendship to the Cuban people and offered condolences to Castro’s family, adding that “history will record and judge the enormous impact of this singular figure on the people and world around him.”

Trump, on the other hand, had far less patience with history and delivered his visceral judgment right now, slamming “the passing of a brutal dictator who oppressed his own people for nearly six decades. Fidel Castro’s legacy is one of firing squads, theft, unimaginable suffering, poverty and the denial of fundamental human rights.”

From Obama:

At this time of Fidel Castro’s passing, we extend a hand of friendship to the Cuban people. We know that this moment fills Cubans – in Cuba and in the United States – with powerful emotions, recalling the countless ways in which Fidel Castro altered the course of individual lives, families, and of the Cuban nation. History will record and judge the enormous impact of this singular figure on the people and world around him.

 

‎For nearly six decades, the relationship between the United States and Cuba was marked by discord and profound political disagreements. During my presidency, we have worked hard to put the past behind us, pursuing a future in which the relationship between our two countries is defined not by our differences but by the many things that we share as neighbors and friends – bonds of family, culture, commerce, and common humanity. This engagement includes the contributions of Cuban Americans, who have done so much for our country and who care deeply about their loved ones in Cuba.

 

Today, we offer condolences to Fidel Castro’s family, and our thoughts and prayers are with the Cuban people. In the days ahead, they will recall the past and also look to the future. As they do, the Cuban people must know that they have a friend and partner in the United States of America.

And here is Trump’s statement on Castro’s passage:

Today, the world marks the passing of a brutal dictator who oppressed his own people for nearly six decades. Fidel Castro’s legacy is one of firing squads, theft, unimaginable suffering, poverty and the denial of fundamental human rights. 

 

While Cuba remains a totalitarian island, it is my hope that today marks a move away from the horrors endured for too long, and toward a future in which the wonderful Cuban people finally live in the freedom they so richly deserve. 

 

Though the tragedies, deaths and pain caused by Fidel Castro cannot be erased, our administration will do all it can to ensure the Cuban people can finally begin their journey toward prosperity and liberty. I join the many Cuban Americans who supported me so greatly in the presidential campaign, including the Brigade 2506 Veterans Association that endorsed me, with the hope of one day soon seeing a free Cuba.”

Will the Swamp Swallow Trump?


Keynesian Economics is dead, there are way to get to +4% growth and we’ll just have to see if the Trump team can figure it out; it has been done before more than a few times!

5 Stories The Media Ignored While Talking About A Play


The American Public is being set up for war or Civil War unless trump can stop it; but Obama still has 8 weeks to screw up things for us!

Washington Post Names Drudge, Zero Hedge, & Ron Paul As Anti-Clinton “Sophisticated Russian Propaganda Tools”


Tyler Durden's picture

The desperate flailing of a mainstream-media struggling through the five stages of grief continues as no lesser unbiased foundation of the fourth estate than The Washington Post pushes ahead with its “fake news, blame the Russians” narrative for why their candidate failed so miserably.

Citing “two teams of independent researchers” (who surely have a substantial libel litigation provision)  who found “Russia’s increasingly sophisticated propaganda machinery… echoed and amplified right-wing sites across the Internet as they portrayed Clinton as a criminal,” the Jeff Bezos-owned website names Drudge, Zero Hedge, and The Ron Paul Institute and countless other outlets among the “useful idiots” that true American patriots should be wary of.

“The way that this propaganda apparatus supported Trump was equivalent to some massive amount of a media buy,” said the executive director of PropOrNot, who spoke on the condition of anonymity with the Post.

 

“It was like Russia was running a super PAC for Trump’s campaign.”

In the wake of the election, fake news and its spread on social media has come into the spotlight – for our latest thoughts on this topic please see our “thank you” notefrom last night.

President Obama denounced the attention garnered by false information last week, saying: “If we are not serious about facts and what’s true and what’s not … if we can’t discriminate between serious arguments and propaganda, then we have problems.” And as The Hill reports, a sophisticated Russian propaganda effort helped fuel the spread of fake news during the election cycle, the Washington Post reported Thursday.

Two groups of independent researchers found that Russia employed thousands of botnets, human internet “trolls” and networks of Web sites and social media accounts to inject false content into online political talk and amplify posts from right-wing sites. 

“They want to essentially erode faith in the U.S. government or U.S. government interests,” said Clint Watts, a fellow at the Foreign Policy Research Institute who co-authored a report about Russian propaganda.

 

“This was their standard mode during the Cold War. The problem is that this was hard to do before social media.”

The Washington Post states – without irony – that there are now scientific studies that show how the Russians influenced the 2016 election

The flood of “fake news” this election season got support from a sophisticated Russian propaganda campaign that created and spread misleading articles online with the goal of punishing Democrat Hillary Clinton, helping Republican Donald Trump and undermining faith in American democracy, say independent researchers who tracked the operation.

 

Russia’s increasingly sophisticated propaganda machinery — including thousands of botnets, teams of paid human “trolls,” and networks of Web sites and social-media accounts — echoed and amplified right-wing sites across the Internet as they portrayed Clinton as a criminal hiding potentially fatal health problems and preparing to hand control of the nation to a shadowy cabal of global financiers. The effort also sought to heighten the appearance of international tensions and promote fear of looming hostilities with nuclear-armed Russia.

 

Two teams of independent researchers found that the Russians exploited American-made technology platforms to attack U.S. democracy at a particularly vulnerable moment, as an insurgent candidate harnessed a wide range of grievances to claim the White House. The sophistication of the Russian tactics may complicate efforts by Facebook and Google to crack down on “fake news,” as they have vowed to do after widespread complaints about the problem.

The report from PropOrNot, provided to the Post, identifies more than 200 websites that routinely pushed Russian propaganda to at least 15 million Americans, and found that false stories pushed on Facebook were viewed more than 213 million times. You may be surprised by some of the sites on the list (it seems even satirical fakes news sites are propagandists too)…

So in other words, any and every one who is anything but a liberal drone is now a Russian plant? McCarthy would be proud.

As the “scientists” explain, reporting facts is tantamount to being a “useful idiot.”

Please note that our criteria are behavioral. That means the characteristics of the propaganda outlets we identify are motivation-agnostic.

 

For purposes of this definition it does not matter whether the sites listed here are being knowingly directed and paid by Russian intelligence officers, or whether they even knew they were echoing Russian propaganda at any particular point: If they meet these criteria, they are at the very least acting as bona-fide “useful idiots” of the Russian intelligence services, and are worthy of further scrutiny.

Which reminded us of @SarcasmRobot’s artist’s impression of what desperation by the establishment, and its pet media, looks like.

 

For further color on “Useful Idiots”, Jim Quinn uncovered the following video by a former KGB member Yuri Bezmenov who defected to Canuckistan in 1970. In it he details how the Marxist/Leninist’s planned to conquer the west from within without ever firing a shot. How well do you think their plan is working? At about 7:20 the host, G. Edward Griffin, asks Yuri “What do we do?” (to counter the takeover) and we were more than a little surprised by his response:

Since the election and even a little before, many have pushed the idea that Trump needs to concentrate on aggressively educating people to the evils that surround us… it appears that is the only way to right back against the tyranny of the fourth estate.

Finally (and no this is not Friday Humor), this is how the scientists described Zero Hedge.

ZH is an important transmission belt moving the story from Russian propagandists/information warriors to western news consumers. It happens a lot. This is a particularly egregious example, but the transmission belt runs almost daily. ZH is as much a part of Putin’s information warfare as RT. If you follow closely enough, it’s as plain as the nose on your face.’

Plain enough, indeed. This amusingly, must read (we urge readers to read it on their own to see what a disinformation attempt looks like) “analysis” – by a website that is itself anonymous mind you – then concludes with the following:

ZeroHedge qualifies as “dark gray” propaganda, systematically deceiving its civilian audiences for foreign political gain.

 

Articles from ZeroHedge are frequently reposted by other sites, but appear on ZeroHedge first — the site’s authors are driving and shaping the stories, not merely reacting to them. An analysis of web traffic patterns and linking backs this up: ZeroHedge has a prominent place within the network of pro-Russia news and propaganda outlets.

 

We at PropOrNot rate it: Five Shadies.

Whether intended or not, this libel-worthy drivel – we can say that comfortably because, well, there is no Russian propaganda “masterminding” this site, unless criticizing the US government now equates with that – has already attacted the attention of the likes of Glenn Greenwald and many others.

* * *

While this latest spin on the so-called “narrative” will certainly backfire, and accelerate the demise of the mainstream media’s efforts to maintain credibility and control of the American mindset  – which it painfull lost with their lies during the presidential campaign – not to mention “eyeballs” and ad revenue, we remain fascinated by the so called “liberal left’s” relentless charges that Trump will unleash a massive censorship assault on the “free press” when the “free press” itself is doing everything in its power to squash dissenting voices. To which all we can add is that it is a good thing that said “power” is declining with every passing day.

Trump The Great?


Tyler Durden's picture

Authored by Paul Craig Roberts,

Liberals, progressives, and the left-wing (to the extent that one still exists) are aligning with the corrupt oligarchy against president-elect Trump and the American people.

trump-drain-the-swamp1211111111111121111111111111111111111121111111111111111

They are busy at work trying to generate hysteria over Trump’s “authoritarian personality and followers.” In other words, the message is: here come the fascists.

Liberals and progressives wailed and whined about “an all white male cabinet,” only to be made fools by Trump’s appointment of a black male and two women, one a minority and one a Trump critic.

The oligarchs are organizing their liberal progressive front groups to disrupt Trump’s inauguration in an effort to continue the attempt to delegitimize Trump the way the paid Maidan protesters were used in Kiev to delegitimize the elected Ukrainian government.

To the extent any of the Trump protesters are sincere and not merely paid tools of oligarchs, such as George Soros, military and financial interests, and global capitalists, they should consider that false claims and unjustified criticism can cause Trump and his supporters to close their ears to all criticism and make it easier for neoconservatives to influence Trump by offering support.

At this point we don’t know what a Trump government is going to do. If he sells out the people, he won’t be reelected. If he is defeated by the oligarchy, the people will become more radical.

We do not know how Washington insiders appointed to the government will behave inside a Trump presidency. Unless they are ideologues like the neoconservatives or agents of powerful interests, insiders survive by going along with the current. If the current changes under Trump, so will the insiders.

Trump got elected because flyover America has had all it can take from the self-dealing oligarchy. The vast bullk of America has seen its economic prospects and that of children and grandchildren decline for a quarter century. The states Hillary carried are limited to the liberal enclaves and oligarchy’s stomping grounds on the NE and West coasts and in Colorado and New Mexico, where effete wealthy liberals have located because of the scenary. If you look at the red/blue electoral map, geographically speaking Hillary’s support is very limited.

We know that Hillary is an agent for the One Percent. The Clintons $120 million personal wealth and $1.6 billion personal foundation are proof that the Clintons are bought-and-paid-for. We know that Hillary is responsible for the destruction of Libya and of much of Syria and for the overthrow of the democratically elected government in Ukraine. We know that the Clinton regime’s sanctions on Iraq resulted in the deaths of 500,000 children. These are war crimes and crimes against humanity. We know Hillary used government office for private gain. We know she violated national security laws without being held accountable. What we don’t know is why groups that allegedly are liberal-progressive-leftwing are such fervent supporters of Hillary.

One possible answer is that these groups are mere fronts for vested interests and are devoid of any sincere motives.

Another possible answer is that these groups believe that the important issues are not jobs for Americans and avoiding war with nuclear powers, but transgender, homosexual and illegal alien rights.

Another possible answer is that these groups are uninformed and stupid.

What these protesters see as a threat in Trump’s strong and willful personality is actually a virtue. A cipher like Obama has no more ability to stand up to the oligarchy than a disengaged George W. Bush so easily stage-managed by Dick Cheney. Nothing less than an authoritarian style and personality is a match for the well-entrenched ruling oligarchy and willful neoconservatives. If Trump were a shrinking violet, the electorate would have ignored him.

Trump did not purchase his presidency with the offer of handouts to blacks, the poor generally, teachers unions, farmers, abortion rights for women, etc. Trump was elected because he said: “Those who control the levers of power in Washington and the global special interests they partner with, don’t have your good in mind. It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities. The only thing that can stop this corrupt machine is you.”

It has been a long time since the electorate heard this kind of talk from someone seeking public office. Trump’s words are what Americans were waiting to hear.

As willful as Trump is, he is only one person. The oligarchy are many.

As impressive as Trump’s billion dollars is, the oligarchs have trillions.

Congress being in Republican hands will spare Trump partisan obstruction, but Congress remains in the hands of interest groups.

As powerful as the office of the president can be, without unity in government changes from the top don’t occur, especially if the president is at odds with the military with regard to the alleged threat posed by Russia and China. Trump says he wants peace with the nuclear powers. The military/security complex needs an enemy for its budget.

It is absolutely necessary that a lid be put on tensions between nuclear powers and that economic opportunity reappears for the American people. Trump is not positioned to benefit from war and jobs offshoring. The only sensible strategy is to support him on these issues and to hold his feet to the fire.

As for the immigration issue, the Obama Justice (sic) Department has just worsened the picture with its ruling that American police departments cannot discriminate against non-citizens by only hiring citizens as officers. Now that US citizens face arrest in their own country by non-citizens, the resentment of immigrants will increase. Clearly it is nonsensical to devalue American citizenship in this way. Clearly it is sensible to put a lid on immigration until the US economy is again able to create jobs capable of sustaining an independent existence.

If Trump can defeat the oligarchy and save America, he can go down in history as Trump the Great. I think that this prospect appeals to Trump more than more wealth. Instead of trying to tear him down in advance, he should be supported. With Trump’s determination and the people’s support, change from the top down is possible. Otherwise, change has to come from the bottom up, and that means an awful lot of blood in the streets.