FEB 23 17 SIT EC y POL
ZERO HEDGE. ECONOMICS
How much longer can this hope-filled balloon be
held under water?
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Among the numbers in today's weekly update by the DOE, the most
anticipated one was that of implied gasoline demand: what it revealed was
troubling, with gasoline demand in the past 4 weeks
sliding some 5.2% compared to last week, a level which as Goldman qualified
recently, "would require a US
recession."
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This is totally unsustainable...
RELATED 1:
Is An
Inflation Comeback In The Works? As debt rises,
inflation becomes an exterminating angel. Welcome at first – then deadly...
…
RELATED 2:
THE
HIGH OLIGARCHY IS MELTING DOWN
“consistent
with the stringent ethics rules established by the Trump Administration, Mr
Cohn will recuse himself from participating in any matter directly involving
his former employer, Goldman Sachs. He will also recuse himself from any matter or
potential rulemaking before the CFTC in which Goldman Sachs has participated.”
RELATED 3:
BUILD BRIDGES POSTPONED .. and stupid-xenophobic-building
walls prevailed
Construction, engineering and materials stocks
are underperforming the market on sudden concerns that in addition to tax
reform and Obamacare repeal, another core aspect of Trump's fiscal stimulus,
Infrastructure spending, may be delayed by at least two years.
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The USD Index tumbled on Mnuchin comments - the biggest drop
since January. NOTE - no bounce in the USD after Trump brought up the BAT again
(and tanked retail stocks)
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Still #1?...
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POLITICS
The Chicago public school system
has decided to openly defy the president of the United States. More than 392,000 students attend public
schools in Chicago, and on Tuesday a letter was sent home with each of those
students telling their parents that Chicago schools will not “assist in
the enforcement of federal civil immigration law”.
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TRUMP GOVT IS MELTING DOWN
As part of Lt. Gen McMaster's proposed material
changes at the National Security Council, Trump's chief policy advisor, Steve
Bannon may soon find himself cut from the top group of top White House security
advisors.
OF COURSE there will
be others ready to fill out the post.. for money.. no for conviction
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While the series of major storms hitting
California have begun to subside, residents of San Jose are being warned to
keep away from affected homes until water levels decrease to a safe level.
Flash floods along the west coast of the US have seen thousands of people
forced to leave their homes and a state of emergency declared by California governor
Jerry Brown. The majority of mandatory evacuation orders have now been
downgraded for areas including Sutter County around the Oroville Dam Spillway,
which sparked panic one week ago when it threatened to collapse during the
floods.
However, San Jose, the 10th largest city in the US, remains
one of the most substantial urban regions affected, with 14,000 resident
evacuated and more than 36,000 homes estimated to be hit by floodwater, reports
the San Francisco Gate.
To get a sense of the
water damage, the following drone footage shows the extent of the flooding in
San Jose. Open this video: http://www.zerohedge.com/news/2017-02-23/dramatic-drone-footage-shows-extent-san-jose-floods
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IS TRUMP in the business of killing people worldwide?
"It's very late. We're very angry at what
he's done, and frankly this should have been taken care of during the Obama
administration," Donald Trump said.
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Warning: feelings may get hurt...
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The U.S.
economy and the dollar are slated for a controlled demolition. The Fed will do everything in its
power to prod Trump and conservatives into war with the central bank, because
the Fed is now ready to sacrifice itself and the dollar’s world reserve status
in order to clear a path for a new global system and ideology. The Federal Reserve is a suicide
bomber.
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BAD CRIMINALS GO TO JAIL, THE BEST GO TO WASHINGTON
It is
absolutely imperative to see Trump as a symptom of a sick and broken system as
opposed to the root cause of anything. The
corporate media and legions of mourning Hillary cultists continue to present
the Trump threat in extraordinarily simplistic and unhelpful terms. They act as
if he’s the head of some evil snake, and that disposing of him as an individual
will get America back on track. This couldn’t be
more wrong.
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ONE MORE EVIDENCE OF TRUMP CHAOTIC GOVT
DHS Secretary John Kelly: "Let me be very very clear, there will be no,
repeat, no mass deportations. There
will be no, no use of military force in immigration."
President Trump: "We're getting really bad dudes out of this
country. And, at a rate that nobody has ever seen before. It's a military operation..."
RELATED:
“If
the economy was in good shape, not only would he have not been elected,
he wouldn’t have been the Republican nominee.”
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ONE MORE EVIDENCE that Hillary & Soros belong to same
evil oligarchy
Confirming House Oversight
Committee Chair Jason
Chaffetz's comments last week that town-hall protesters were an
organized mob, FreeBeacon
reports show that a group founded by a
former Hillary Clinton campaign staffer is behind 'The Townhall Project' and its parent company is located at the same address as an organization funded by liberal billionaire
George Soros.
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Back to enslaving inside prisons
Moments ago, US Attorney General Jeff Sessions reversed an Obama-era
memo to phase out the use of private prisons, signalling
his support for federal use of such facilities and advising that the Bureau of
Prisons will "return to its previous approach to the use of private
prisons."
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WORLD ISSUES and ME
The noose around Kim Jong-Un is getting tighter: asked whether China
had a contingency plan for a North Korean collapse, defense ministry spokesman
Ren Guoqiang said Beijing has maintained its usual
policy towards Pyongyang, and urged the “relevant parties to refrain from any
actions that will escalate tensions”.
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As
we previously noted, while speculators had been
reducing their shorts in Treasury futures, they had added to Eurodollar shorts
- pushing their bets on Fed rate hikes to record highs. However, as
Bloomberg notes, signals are starting to emerge that traders who built up that
heavy short, or hawkish, eurodollar base since the
start of 2016 could be starting to
throw in the towel on a March Fed rate hike.
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DEMOCRACY NOW
We
Have to Keep Fighting: Water Protectors Vow Continued Resistance to #DAPL as
Main Camp Is Evicted
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Days
After Pruitt Becomes EPA Head, Newly Released Emails Show His Ties to Koch
Bros. & Energy Firms
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GLOBAL RESEARCH
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INFORMATION CLEARING HOUSE
The West’s Moral Hypocrisy on Yemen By Jonathan Marshall
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Fallacies of the Anti-Islam Crowd By Jacob G. Hornberger
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Did Trump’s New Anti-Drug Policy Prompt the
CIA to Move Against Him? By
Mark H. Gaffney
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The Chickens Have Come Home to Roost By Judge Andrew P. Napolitano
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Washington Aims to Make War With Russia
Inevitable By Rudy Panko
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Western Russophobia in Psychotic Phase By Finian Cunningham
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What Does Russia Produce? By The Saker
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Ten Examples of Resistance to Government
Raids
By Bill Quigley
By Bill Quigley
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COUNTER PUNCH
Dave Brotherton Trump,
Moral Panics and Resistance
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John W. Whitehead The
Illusion of Freedom: the Police State Is Alive and Well
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Ralph Nader Restricting
People’s Use of Their Courts
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David Macaray Women
As Labor Union Organizers
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SPUTNIK and RT SHOWS
Trump Calls START a ‘Bad Deal,’ Vows to Boost US Nuclear Arsenal https://sputniknews.com/military/201702241050996256-trump-START-bad-deal-nukes/
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Lockheed Martin Wins Contract to Support Aegis Ashore System in Poland https://sputniknews.com/military/201702241050999070-lockheed-contract-aegis-ashore-support/
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Sanders: Trump Opens Floodgates for Private Prisons to Make
‘Huge’ Profits https://sputniknews.com/us/201702241050998960-trump-opens-private-prisons-for-profits/
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'Dancing to US Tune': North Korea Slams China Over Sanctions https://sputniknews.com/politics/201702241050998665-north-korea-slams-china-sanctions/
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Trump Pleased By Tillerson, Dunford Meetings With Russian Counterparts https://sputniknews.com/politics/201702241050998475-trump-pleased-tillerson-dunford-russia-meetings/
Related
If a Russia-US 'Deal' is Possible, Here's What It Will Involve https://sputniknews.com/politics/201702231050990826-russia-us-deal-requirements/
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RT SHOWS
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Keiser
Report Episode
1036 Max and Stacy discuss the “bad news” and
“grave concerns” in the eurozone that are leading to big gold buying
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NOTICIAS IN SPANISH
Siria, la izquierda y el “camarada”
Putin Nazanin Armanian
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Gobierno de Peña, ni quiere ni puede
confrontar a Trump Rafael de la Garza
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Keiser
report 1036 "La verdadera razón por la que
existe ese odio a Rusia"
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PRESS TV
Majority
of Americans 'embarrassed' by ..you know
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