When will markets truly lose faith in Trump?
Chris Temple ans I have been very skeptical that Trump will be able to get a small fraction of what he campaigned on actually done while in office. The recent resignation of Merck CEO Kenneth Frazier from Trump’s American Manufacturing Council is another step back for Trump. The question for the markets revolves around when investors will finally lose faith…
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Jerry, what’s BS?
I will respond later……maybe…….
The media if left biased.
I think most rational analytical people understand this.
Unfortunately so many American citizens are not well-informed and don’t care about nbeing as dumb as rocks. They rely on emotion rather than reason to make decisions.
Yes, definitely biased. Biased opinions and selective reporting. But the media does not lie or report fake news like Trump wants people to believe.
There are way more examples of lies told by Trump and his mouthpieces like Sean Spicer, Sarah Huckabee, Kellyanne Conway, etc than from established media like CNN.
PF…..not trying to be rude………but, where do you get your info?
Jerry, forget the info, what planet is PF from? “The media does not lie or report fake news?” Wow.
Matthew…….hope your day is going well……., thanks for the post….Now, I know I am closer to the truth, and not off base.
Seriously. The masses are misinformed on virtually everything important, and this has happened in the context of a truth-telling media? Interesting how that works.
PF, the literature on the mass media as propaganda is vast. Chomsky & Herman. Bagdikian. McChesney. Ellul. Lippert. Bernays. Sometimes they lie and present fake news, but much of their practice of deception and manipulation comes from omission of context, innuendo, placement of emphasis, etc.
Give us examples of when CNN, NYT, WaPO lied about something. Something that was not a mistake that they quickly retracted.
As a starter here are some examples of when Trump or his associates lied:
1) Spicer lying about the crowd size on inauguration day
http://www.factcheck.org/2017/01/the-facts-on-crowd-size/
2) Trump lying about the crime rate: “The murder rate is the highest it’s been in I guess 45-47 years.”
There is a chart in this article from the FBI showing that what he said is not even close to being true.
http://www.cnn.com/2017/02/07/politics/donald-trump-murder-rate-fact-check/index.html
3) Every time Trump said Mexico would pay for the wall. He knew damn well Mexico was never going to do that.
4) Trump suggesting via a Twitter post that Ted Cruz’s father was somehow linked to the JFK assassination.
5) Trump saying all the groping allegations were false. When more than 10 women accuse someone of doing the same thing, more than likely at least one of them is telling the truth. Especially, when he was caught on video bragging about it.
6) Obama is the “the founder of ISIS” said Trump.
Trump even lies about minor things like a phone call from the boy scouts that never actually happened. If you don’t believe CNN, this is Fox News reporting on it.
PF, I don’t imagine you and I share the same view of reality at all, so I can give you examples, but I doubt you will accept them.
1. 9/11. WTC7, a steel frame skyscraper, collapsed at free-fall speed from office fires.
2. Iraq. We invaded first because of WMD, then to install democracy and promote women’s rights.
3. Libya. We needed to invade because Gaddhafi was slaughtering his people.
4. Ukraine. Russia invaded Crimea and shot down flight MH-17.
5. Syria. The US supported ‘moderate opposition’ in a grassroots rebellion, and has been serious about defeating ISIS (in spite of letting them sell stolen oil to Turkey).
Every single one of these lies are more important than any lies or mistakes you mention from Trump.
As for Trump bragging about groping women, that claim is thoroughly debunked here.
https://www.youtube.com/watch?v=Ok1Gd0CQsiM
I would be curious to see the evidence of the ten women that came forward with accusations. Please post a link.
GH, you are really into these conspiracy theories. When Donald Trump talks about “fake news” I think he is mainly talking about it in terms of media coverage on him.
I think you are also assigning blame to the media of doing their job of reporting what they are being told. Good example is the WMD Iraq lie. That lie was originated by the Bush/Cheney administration. They lied to the media and the American people. The media was just reporting what they were being told. If the media is liberal, what would their motive be of helping Bush lie about WMDs in Iraq?
Ukraine: Please try to present facts. Do you seriously believe Russia didn’t invade Crimea? They did!! Where are you getting this false information from?
Libya: Gaddafi was killing his own citizens. How is that a lie???
PF, based on your comments, I can see that you’re a lost cause so I’ll just point out that, by definition, the events of 9/11 were the result of a conspiracy. The question is, which conspiracy theory is most plausible? If you think the official theory makes the most sense, then you have no understanding of basic physics – none at all.
“assigning blame to the media of doing their job of reporting what they are being told.”
You get off track very early in the game, PF, thinking that it is the job of the media to transcribe the lies of politicians. The supposed role of the ‘fourth’ estate is to hold our politicians to account. Our media, on the other hand, are active collaborators in the rackets. Gosh, who owns them, and what are their interests??
Crimea: no invasion is no invasion. Russian troops were already there legally. Crimeans voted overwhelmingly to rejoin Russia where they had belonged for centuries prior to an administrative technicality by Kruschev in Soviet days. The video clip in your link is about general tension between Russia and the Kiev govt. The folks you back have been shelling civilians in Donetsk and Lugansk for years because they did not accept the coup gov’t.
As for Libya, and Gadhafi killing his own people. My emphasis was meant to be on our response. Whether he was or not, and how many, is somewhat beside the point. Even if he was, how did that make destroying the country a good idea? Contrary to how Gadhafi has long been portrayed in the western media, he was a very good leader to Libya, and Libya prospered under him. What did the US do? Arm a bunch of fanatics and terrorists and leave the country in ruins, just as they’ve done in Syria.
But I’ll say no more, I have to agree with Matthew’s assessment–you’re a lost cause.
In terms of Iraq, the mainstream media has already apologized for propagating the lies told by Bush/Cheney.
This is from 2004:
“The Washington Post said yesterday it had underplayed scepticism of the White House’s claims that Iraq had weapons of mass destruction, becoming the latest US newspaper to publish a mea culpa of its prewar coverage. In a 3,000-word front-page article the newspaper said it “did not pay enough attention to voices raising questions about the war”.
The admission followed similar articles by the New York Times and New Republic magazine, which said they were either insufficiently rigorous, gullible or more concerned with getting stories first than getting them right.”
https://www.theguardian.com/world/2004/aug/13/pressandpublishing.usa
When they make a mistake, they admit it. Donald Trump doesn’t correct or apologize for anything. When he gets caught lying, he either doubles down and repeats the lie, or claim that he was joking or being sarcastic, or he just doesn’t respond.
If you believe Trump over CNN then you are making a mistake. I’m talking about the opinions of their hosts or guests, but the actual facts. Trump gives out more fake information than the media.
There is a missing “not” in my last post.
“I’m not talking about the opinions”
“Sorry for being key accomplices in the destruction of your country. Our mistake.”
Very gracious of them.
My point is not so much to defend Trump as to insist on some balance. For instance, why is it that the media raked him over the coals for his “grab ’em by the p—y” statement, but gave Hillary a pass on the much worse audio of her laughing over getting a violent child rapist off on a couple of months of time served.
And more than anything to do with Trump, it is to reject any notion that the ‘mainstream’ corporate media is anything other than propaganda in the interests of a very small minority. Have you ever seen them criticize ANY war? Have you ever heard them offer true historic context for our relations with countries like Iran or North Korea? Or Israel? How many Americans know the US overthrew Mossadegh, and put the brutal shah into power for 25 years, leading to the rise of the Ayatollah? How many know about the USS Liberty? How many know that the US killed an estimated 20% of North Koreans sixty-or-so years ago?
Exactly, GH. Those who are outraged by trump but have no problem with the Clintons, Obama, etc, are out of their collective frickin minds. It’s as simple as that. Such voices deserve no respect.
Furthermore, regarding the WaPo’s mea culpa, if you put some serious thought into how propaganda functions, you’ll realize that it is a very typical tactic to loudly, repetitively spread lies at key moments and later, when it no longer matters, to admit quietly to having been ‘mistaken’. For the majority who don’t pay close attention, the original story sticks and they don’t even notice the retraction, and their world view continues to be shaped by the false narrative which serves a very few special interest groups.
Then there are those who do pay enough attention to notice the mea culpa, and somehow think that this preserves the Post’s credibility.
No. It does nothing for their credibility. Why did they get it wrong? Who specifically was responsible? Have they been removed? Have they brought in people who have a track record of getting the big things right? No, they haven’t.
The Washington Post, NYT, CNN, etc. have increasingly little credibility with the general public. This is why they have launched this ‘fake news’ campaign. Works on some, but I think it will backfire on them, and they will continue to lose respect.
Actually, I think the whole “left/right” paradigm is a sham and the stories in the press are simply there to manipulate the whole populace, from whatever perspective they view these stories.
CIA involvement in “shaping” the news is well-known: https://en.wikipedia.org/wiki/Operation_Mockingbird
The “press” of all stripes is also well known to have been propagandizing for over a century (or more): https://jamesperloff.com/2014/10/08/a-century-of-mainstream-media-lies/
People get so worked up over such silly stuff as what is presented as “news”.
Instead of credible sources for reporting “what” is going on, I would prefer to hear of some sources that will tell me “why”.
I have enjoyed many of Lew Rockwell’s guests in the past as sources for this type of information. James Corbett and Sibel Edmonds also come to mind as well, along with Willaim Engdahl, off the top of my head. With a little thought I could likely come up with a few more.
I’d be curious to know the thoughts of any others in this regard, but have little regard for what is purported to be “news”. YMMV
You are absolutely right. The whole left/right show is a sham. It’s one ugly bird with two left wings.
Spot on, Mike.
A few more: Paul Craig Roberts. John Pilger. Russ and Pam Martens (Wall Street on Parade). Justin Raymondo (antiwar.com). Mike Krieger (libertyblitzkrieg.com). David Stockman. Catherine Austin-Fitts. John Rapoport, nomorefakenews.com (he coined that name around 20 years ago, after having worked for years as a journalist).
Meanwhile behind the iron curtain…..
MOSCOW (AP) — Pint by frothy pint, a hoppy revolution is brewing in Russia.
A new generation of craft brewers began sprouting in the vodka capital of the world as foreign beers became too expensive and beer fans sought alternatives to mass-produced lagers. From juicy IPAs to velvety stouts and lip-smacking sours, beers served at breweries that opened in recent years in cities like Moscow and St. Petersburg offer visitors and locals alike the styles popularized in the last two decades by the craft beer boom in the U.S. and Europe.
Many breweries started after the currency collapse of 2014, when imported beer prices skyrocketed and supply fell.
“There was almost nothing being brought from outside,” said Alex Korobkov, co-owner of the Zagovor brewery and the RULE Taproom in central Moscow. “So people decided to brew something they had tried outside of Russia.”
CFS comment:
In contrast to the US, this may well result in increasing life expectancy.
“In contrast to the US, this may well result in increasing life expectancy.”
–Likewise, their shunning of genetically engineered food.
ira’s morning
https://youtu.be/RwtljWtCNzw?t=34
NYT Shocking Report: US “Ally” Ukraine Is Source Of North Korean Missile Engines
The NYT reports that a Ukraine factory it is the most likely source of the engines that in July powered the two ICBM tests, which were the first to suggest that North Korea has the range, if not necessarily the accuracy or warhead technology, to threaten American cities with nuclear destruction.
Trump is his own worst enemy IMO. He has such a Napoleonic attitude that he’s at the top of the heap and everyone else should bow to him. That may be the way he ran his business’ and maybe it worked. Government isn’t business and he has to learn how to temper his ego and mouth and build a base of allies. He can’t seem to understand that. As far as the ‘media’ goes, he acts like a server behind a buffet table, constantly overloading everybody’s plate with another dollop of his casserole. He just keeps shoveling it out there and they keep using it against him.
“Trump is his own worst enemy IMO.”
That’s putting it mildly. He never really had a plan of action to eliminate opposition to any plan of action he might have had and that is assuming he had honest intentions to start with. You can not negotiate with an entrenched globalist oligarchy and expect them to play the game. They will do their own thing according to their agenda even if they have to do a coupe de etat to get their way. Jan 21, 2017 should have been the start of a year of the long knives to drain the swamp the hard way using military force to get rid of the globalist oligarchy for the good of the nation. Trump couldn’t bring himself to do the deed and he became part of the swamp. The system captured him.
Charlottesville is just another complete hoax incident:
It very well could be. I think I need to find out more about what happened. This will be difficult as the MSM, leftists and the government have no credibility by virtue of John 8:44.
I warned on my Facebook page days before the Cville meltdown that a government false flag was being set up and warned people not to bite the hook.
And this Jason Kesler kreep of the Alt Right is a big, fat, Obama Demokrat. SPLC of all groups is reporting on it. Soros is playing both sides.
Trump will step down late next year if he hasn’t accomplished anything.
YOU WISH MY FRIEND!
When compared to the negative accomplishments of the last few presidents, accomplishing nothing would be a good thing.
Ditto…….
At least he put Gorsuch on the Supreme Court, a huge deal!
Ditto……..some so not even know what a Supreme Court does……..
Chief Tongue Trumpet was an imcompetent business man , and he is preening spoiled child not an adult. Pence or Ryan will be president . Pence would be smart to refuse the presidency and let Ryan take the thankless job. TRUMP attacks even his supporters when it suits his personal agenda .. This travisty was creatted by bush family and Prebus who should have stopped this on the night of the first debate . The arrogance of the Bushes , thinking they own the presidency. Prebus could hav stepped out on the stage and put the kabosh on Trump the miniute he attacked Carly Fiorina . Shame on you Prebus. love ot you all pray for sanity . Scott
Oh boy………clueless Ryan , cunning little devil man…..
Pray that the Central Banks get shut down, Term Limits, a Constitutional Republic, ending the 16th, 13th amendments …….then we might get some sanity……….
Well impact hit my usd .25 target today, just like I said it would. Wish I had a quarter left to invest, but I don’t. Question now is whether it will close the 2016 gap. Another 50% drop from here will do the trick. I don’t think it happens but you never know.
spanky – I’ll have you know that I have waited to see if that level would get hit and did add a little more IPT Impact while it was on sale. Fun times!
There’s a good chance it will go even lower but I bought more today anyway. Watch for .275 cents Canadian:
http://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=5&mn=6&dy=0&id=p97239568843&a=533204677
And NSRPF was up another 26% today on big volume.
Good Job Bonzo.
I know it’s hot down there in Texas and so is Novo Res.
A strong stock in strong hands with elephant size potential.
One couldn’t ask for much more.
The credit is all to Quinton. I wonder if NEM is in there buying with both fists everyday until they get to 20% ?
It would appear that golds current impulse move was done on the back of US N.Korea tension and silver hung on the coat tails of golds move. Current action in the PMs on the first day of the new week doesnt look great.
I know chartologists rhetoric sometimes need to be taken with a pinch of salt but Rambus details a compelling story of long term overhead resistence currently capping gold. This downtrend resistence appears to be a strong influence at the moment and it is winning the battle.
Not sure about the markets but I lost confidence in Trump shortly after he was sworn in when it became obvious that he would not be sending the system and its masters to FEMA camps and would not be rebuilding a society and government that works. Trump just conformed and became a globalist/ leftist Golem just like the rest of the political leaders that plague western society. It will take a while for the alt right to see things as I do.
The media and Washington are against Trump because of his disgusting personality. Not because he is an outsider.
Who is in control of Washington and the press?
Novo, Bob M, what’s next. You told your buddies Matthew and Ex to watch Irving Resources. I just can’t imagine where this will all end up with so much blue sky these days. LOL! DT
I hope it’s not like CFS suggested that NOVO becomes NONO. Henny Penny the sky is falling! Just a little misplaced humor. LOL again! DT
Maybe NONO will be bought out soon, if they have what is driving this stock I can’t imagine a major allowing the stock price to go to $45 (a one hundred bagger), that would be NUTS!
Chris, I think you are wrongly putting the healthcare failure mainly on Mitch McConnell. Trump is to blame as well. If Trump hadn’t insulted John McCain maybe he would’ve been more cooperative and voted yes on that final healthcare vote. Trump touted himself as a master negotiator. So much for that.
What about first mining finance ffmgf. Gumshoe thinks Stanberry will push it tomorrow they think the Springpole deposit looks great. The word got out and the stock has been going up lately.
Some of you still think trump is an outsider WOW !!! s
Is that worse than all the neo-lefties who truly believe in their own righteousness? Hardly.
The insider or outsider argument is not relevant. There are plenty of well-meaning Washington insiders who want to do good for the American people. I think Paul Ryan is one of those.
On the other hand there are plenty of outsiders like Trump who are scumbags with selfish motives.
Trump even more than Hillary a friend of NYC stock brokers , bankers , and hedge fund guys. Glad i voted third party, at least i can keep my bumper stickeer for a few years. Local bumper stickers in my highly republican district have almost disapeared. A few Bernie stickers , and a rare Gary Johnson sticker like mine . No Trump or Hillary stickers left. Pence or Ryan its up to them who will be pres. I think Pence would be smart to refuse the honor an dlet Ryan have it. He would still be VP and could have some family life. Best of health and wealth to you all S
BS………