@gannamstyle
28Your single source for daily financial market & economic news and analysis from arround the web. Cheetah will mention the source!
steemit.com/@gannamstyleVOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS30.91%
Net Worth
0.007USD
STEEM
0.000STEEM
SBD
0.001SBD
Effective Power
5.001SP
├── Own SP
0.125SP
└── Incoming DelegationsDeleg
+4.876SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.125SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.876SP | SP |
| Effective Power | 5.001SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.001SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "202.948065 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7940.711741 VESTS",
"sbd_balance": "0.001 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | gannamstyle |
| id | 1071618 |
| rank | 248,801 |
| reputation | 2331704339 |
| created | 2018-07-06T10:45:24 |
| recovery_account | steem |
| proxy | None |
| post_count | 78 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-07-22T14:16:33 |
| last_root_post | 2018-07-21T14:31:27 |
| last_vote_time | 2018-07-22T14:17:57 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.001 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 202.948065 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7940.711741 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-07-10T18:19:48 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"active": {
"account_auths": [],
"key_auths": [
[
"STM5aeTqfEjvWzHHjJC2Uyiv4NEhA6h8Lng1yML3MBwEB1SBToinW",
1
]
],
"weight_threshold": 1
},
"balance": "0.000 STEEM",
"can_vote": true,
"comment_count": 0,
"created": "2018-07-06T10:45:24",
"curation_rewards": 0,
"delegated_vesting_shares": "0.000000 VESTS",
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779064413
},
"guest_bloggers": [],
"id": 1071618,
"json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmP8reUeTfPFM3rZvaRQrKh192pejKA3rpUSUt4Acgpg7m/PSY-gangnam-style-33209760-1320-743.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmYDWU16pUFdKfeCgh7sPPPnxMRPKyijQiG1bDHjSceM8j/trading-floor-clear-treasury.jpg\",\"name\":\"GannamStyle\",\"about\":\"Your single source for daily financial market & economic news and analysis from arround the web. Cheetah will mention the source!\",\"location\":\"World\",\"website\":\"https://www.tradingview.com/u/TeddytheBear/\"}}",
"last_account_recovery": "1970-01-01T00:00:00",
"last_account_update": "2018-07-10T18:19:48",
"last_owner_update": "1970-01-01T00:00:00",
"last_post": "2018-07-22T14:16:33",
"last_root_post": "2018-07-21T14:31:27",
"last_vote_time": "2018-07-22T14:17:57",
"lifetime_vote_count": 0,
"market_history": [],
"memo_key": "STM5VREKViBGjCtiDc2QXCeyMZKnpoCnjakVu3qQYS494ivXkQBPS",
"mined": false,
"name": "gannamstyle",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"other_history": [],
"owner": {
"account_auths": [],
"key_auths": [
[
"STM6ekVtBXcqy1y6TUMKsMPe55ckE23LfVYcKz2YdQBxdERjxLjXD",
1
]
],
"weight_threshold": 1
},
"pending_claimed_accounts": 0,
"post_bandwidth": 0,
"post_count": 78,
"post_history": [],
"posting": {
"account_auths": [],
"key_auths": [
[
"STM7tvFbGbRjXHekY7GyDDkeDsGyDwaciUk68J2meKNUcQXhF9GK7",
1
]
],
"weight_threshold": 1
},
"posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmP8reUeTfPFM3rZvaRQrKh192pejKA3rpUSUt4Acgpg7m/PSY-gangnam-style-33209760-1320-743.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmYDWU16pUFdKfeCgh7sPPPnxMRPKyijQiG1bDHjSceM8j/trading-floor-clear-treasury.jpg\",\"name\":\"GannamStyle\",\"about\":\"Your single source for daily financial market & economic news and analysis from arround the web. Cheetah will mention the source!\",\"location\":\"World\",\"website\":\"https://www.tradingview.com/u/TeddytheBear/\"}}",
"posting_rewards": 0,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"proxy": "",
"received_vesting_shares": "7940.711741 VESTS",
"recovery_account": "steem",
"reputation": 2331704339,
"reset_account": "null",
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"sbd_balance": "0.001 SBD",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"sbd_seconds": "0",
"sbd_seconds_last_update": "2018-07-21T14:09:36",
"tags_usage": [],
"to_withdraw": 0,
"transfer_history": [],
"vesting_balance": "0.000 STEEM",
"vesting_shares": "202.948065 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"vote_history": [],
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779064413
},
"voting_power": 0,
"withdraw_routes": 0,
"withdrawn": 0,
"witness_votes": [],
"witnesses_voted_for": 0,
"rank": 248801
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 4.876 SP to @gannamstyle2026/05/18 00:33:33
steemdelegated 4.876 SP to @gannamstyle
2026/05/18 00:33:33
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 7940.711741 VESTS |
| Transaction Info | Block #106143814/Trx 66df60d2b914de7ff9e86f82defaa44b94b2a581 |
View Raw JSON Data
{
"trx_id": "66df60d2b914de7ff9e86f82defaa44b94b2a581",
"block": 106143814,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T00:33:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "7940.711741 VESTS"
}
]
}steemdelegated 3.211 SP to @gannamstyle2026/05/12 05:05:27
steemdelegated 3.211 SP to @gannamstyle
2026/05/12 05:05:27
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 5228.501336 VESTS |
| Transaction Info | Block #105977208/Trx ec5516de2cf0f1bf4c063910798391f8fbd772c4 |
View Raw JSON Data
{
"trx_id": "ec5516de2cf0f1bf4c063910798391f8fbd772c4",
"block": 105977208,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-12T05:05:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "5228.501336 VESTS"
}
]
}steemdelegated 4.884 SP to @gannamstyle2026/04/25 23:54:00
steemdelegated 4.884 SP to @gannamstyle
2026/04/25 23:54:00
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 7953.227497 VESTS |
| Transaction Info | Block #105511458/Trx b3001f817b3f914c88557b0d594dd4525af5c4e9 |
View Raw JSON Data
{
"trx_id": "b3001f817b3f914c88557b0d594dd4525af5c4e9",
"block": 105511458,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-25T23:54:00",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "7953.227497 VESTS"
}
]
}steemdelegated 3.236 SP to @gannamstyle2026/01/23 08:37:21
steemdelegated 3.236 SP to @gannamstyle
2026/01/23 08:37:21
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 5270.048155 VESTS |
| Transaction Info | Block #102852794/Trx 12b2390e398450abd4336cfa597b8f0b21547321 |
View Raw JSON Data
{
"trx_id": "12b2390e398450abd4336cfa597b8f0b21547321",
"block": 102852794,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-23T08:37:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "5270.048155 VESTS"
}
]
}steemdelegated 3.337 SP to @gannamstyle2024/12/17 03:55:57
steemdelegated 3.337 SP to @gannamstyle
2024/12/17 03:55:57
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 5434.267352 VESTS |
| Transaction Info | Block #91299190/Trx f9e15d66c34081c22e24a0a3ce17d7799bcf5b8e |
View Raw JSON Data
{
"trx_id": "f9e15d66c34081c22e24a0a3ce17d7799bcf5b8e",
"block": 91299190,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-17T03:55:57",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "5434.267352 VESTS"
}
]
}steemdelegated 3.441 SP to @gannamstyle2023/11/13 19:38:54
steemdelegated 3.441 SP to @gannamstyle
2023/11/13 19:38:54
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 5603.400884 VESTS |
| Transaction Info | Block #79853391/Trx c2c9c6555a8bc47995af540004159096c2c9e79b |
View Raw JSON Data
{
"trx_id": "c2c9c6555a8bc47995af540004159096c2c9e79b",
"block": 79853391,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-13T19:38:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "5603.400884 VESTS"
}
]
}steemdelegated 5.245 SP to @gannamstyle2023/09/21 22:11:18
steemdelegated 5.245 SP to @gannamstyle
2023/09/21 22:11:18
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 8540.679670 VESTS |
| Transaction Info | Block #78348256/Trx 8f4fbb200621a0c09c496071ed83d3dab23b983a |
View Raw JSON Data
{
"trx_id": "8f4fbb200621a0c09c496071ed83d3dab23b983a",
"block": 78348256,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-21T22:11:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "8540.679670 VESTS"
}
]
}steemdelegated 5.381 SP to @gannamstyle2022/11/03 11:56:12
steemdelegated 5.381 SP to @gannamstyle
2022/11/03 11:56:12
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 8762.361108 VESTS |
| Transaction Info | Block #69113540/Trx 733b67b1e2035e44ad3418c726160b041be4a572 |
View Raw JSON Data
{
"trx_id": "733b67b1e2035e44ad3418c726160b041be4a572",
"block": 69113540,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T11:56:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "8762.361108 VESTS"
}
]
}steemdelegated 5.516 SP to @gannamstyle2022/01/17 11:11:09
steemdelegated 5.516 SP to @gannamstyle
2022/01/17 11:11:09
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 8982.894339 VESTS |
| Transaction Info | Block #60809687/Trx 852f3cf08e8bd6274614903fe1bc5cfe09b5369f |
View Raw JSON Data
{
"trx_id": "852f3cf08e8bd6274614903fe1bc5cfe09b5369f",
"block": 60809687,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-17T11:11:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "8982.894339 VESTS"
}
]
}steemdelegated 5.629 SP to @gannamstyle2021/06/14 01:05:48
steemdelegated 5.629 SP to @gannamstyle
2021/06/14 01:05:48
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9166.662997 VESTS |
| Transaction Info | Block #54608063/Trx 689787bd84aae1fb5b1328e38b05451406a988b4 |
View Raw JSON Data
{
"trx_id": "689787bd84aae1fb5b1328e38b05451406a988b4",
"block": 54608063,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T01:05:48",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "9166.662997 VESTS"
}
]
}steemdelegated 5.744 SP to @gannamstyle2020/12/11 11:24:00
steemdelegated 5.744 SP to @gannamstyle
2020/12/11 11:24:00
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9354.084971 VESTS |
| Transaction Info | Block #49355506/Trx 69f00afcb1c5b27c3995c0a0b1cae843d7b750d0 |
View Raw JSON Data
{
"trx_id": "69f00afcb1c5b27c3995c0a0b1cae843d7b750d0",
"block": 49355506,
"trx_in_block": 11,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T11:24:00",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "9354.084971 VESTS"
}
]
}steemdelegated 1.174 SP to @gannamstyle2020/12/06 05:01:12
steemdelegated 1.174 SP to @gannamstyle
2020/12/06 05:01:12
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49207067/Trx 161ffd6ebd4e6cffad302260255d36b3c64933fb |
View Raw JSON Data
{
"trx_id": "161ffd6ebd4e6cffad302260255d36b3c64933fb",
"block": 49207067,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T05:01:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "1912.543513 VESTS"
}
]
}steemdelegated 5.748 SP to @gannamstyle2020/12/05 15:02:12
steemdelegated 5.748 SP to @gannamstyle
2020/12/05 15:02:12
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9360.292825 VESTS |
| Transaction Info | Block #49190601/Trx d0fbec3959fc094a082726d42aa0c796f727f646 |
View Raw JSON Data
{
"trx_id": "d0fbec3959fc094a082726d42aa0c796f727f646",
"block": 49190601,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-05T15:02:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "9360.292825 VESTS"
}
]
}steemdelegated 1.179 SP to @gannamstyle2020/11/02 16:13:21
steemdelegated 1.179 SP to @gannamstyle
2020/11/02 16:13:21
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48258487/Trx d252764bf1b9277ea3b0265e0febd961b26a4e5a |
View Raw JSON Data
{
"trx_id": "d252764bf1b9277ea3b0265e0febd961b26a4e5a",
"block": 48258487,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-02T16:13:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "1920.017158 VESTS"
}
]
}steemdelegated 5.873 SP to @gannamstyle2020/05/09 05:58:48
steemdelegated 5.873 SP to @gannamstyle
2020/05/09 05:58:48
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9563.098184 VESTS |
| Transaction Info | Block #43217317/Trx d0df6768a73f8465caa7b6235e8928f5eb503a92 |
View Raw JSON Data
{
"trx_id": "d0df6768a73f8465caa7b6235e8928f5eb503a92",
"block": 43217317,
"trx_in_block": 15,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T05:58:48",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "9563.098184 VESTS"
}
]
}steemdelegated 1.200 SP to @gannamstyle2020/05/08 09:37:42
steemdelegated 1.200 SP to @gannamstyle
2020/05/08 09:37:42
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43193469/Trx 013149551df32ea910be832675ceb3ae821ab1b7 |
View Raw JSON Data
{
"trx_id": "013149551df32ea910be832675ceb3ae821ab1b7",
"block": 43193469,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T09:37:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "1953.311140 VESTS"
}
]
}steemdelegated 5.950 SP to @gannamstyle2019/09/29 16:00:21
steemdelegated 5.950 SP to @gannamstyle
2019/09/29 16:00:21
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9688.831186 VESTS |
| Transaction Info | Block #36849495/Trx 8af8c1e2902e987116bb6ed5cf506c65cca00a0f |
View Raw JSON Data
{
"trx_id": "8af8c1e2902e987116bb6ed5cf506c65cca00a0f",
"block": 36849495,
"trx_in_block": 30,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-09-29T16:00:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "gannamstyle",
"vesting_shares": "9688.831186 VESTS"
}
]
}2019/07/06 11:27:00
2019/07/06 11:27:00
| parent author | gannamstyle |
| parent permlink | cycle-analysis-btc-usd-new-ath-in-january-2019 |
| author | steemitboard |
| permlink | steemitboard-notify-gannamstyle-20190706t112700000z |
| title | |
| body | Congratulations @gannamstyle! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@gannamstyle/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@gannamstyle) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=gannamstyle)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
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"body": "Congratulations @gannamstyle! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@gannamstyle/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@gannamstyle) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=gannamstyle)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}steemdelegated 6.071 SP to @gannamstyle2018/10/21 14:39:27
steemdelegated 6.071 SP to @gannamstyle
2018/10/21 14:39:27
| delegator | steem |
| delegatee | gannamstyle |
| vesting shares | 9886.684299 VESTS |
| Transaction Info | Block #27004444/Trx 99ef8f938686355db7cec597a808e8f26458a4a3 |
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}2018/07/22 18:26:30
2018/07/22 18:26:30
| parent author | gannamstyle |
| parent permlink | cycle-analysis-btc-usd-new-ath-in-january-2019 |
| author | steemitboard |
| permlink | steemitboard-notify-gannamstyle-20180722t182629000z |
| title | |
| body | Congratulations @gannamstyle! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@gannamstyle) Award for the number of upvotes [](http://steemitboard.com/@gannamstyle) Award for the number of comments <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes) > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}gannamstyleupvoted (100.00%) @postpromoter / post-promoter-curation-initiative-weekly-curation-report-12018/07/22 14:17:57
gannamstyleupvoted (100.00%) @postpromoter / post-promoter-curation-initiative-weekly-curation-report-1
2018/07/22 14:17:57
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}gannamstyleupvoted (100.00%) @postpromoter / post-promoter-curation-initiative-weekly-curation-report-22018/07/22 14:17:57
gannamstyleupvoted (100.00%) @postpromoter / post-promoter-curation-initiative-weekly-curation-report-2
2018/07/22 14:17:57
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}2018/07/22 14:17:51
2018/07/22 14:17:51
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}gannamstyleupvoted (100.00%) @smartsteem / 8-07-updates-increased-roi-for-smartsteem-and-smartmarket2018/07/22 14:17:48
gannamstyleupvoted (100.00%) @smartsteem / 8-07-updates-increased-roi-for-smartsteem-and-smartmarket
2018/07/22 14:17:48
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}gannamstylefollowed @smartsteem2018/07/22 14:17:42
gannamstylefollowed @smartsteem
2018/07/22 14:17:42
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}gannamstylefollowed @upme2018/07/22 14:17:42
gannamstylefollowed @upme
2018/07/22 14:17:42
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}gannamstylefollowed @postpromoter2018/07/22 14:17:39
gannamstylefollowed @postpromoter
2018/07/22 14:17:39
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}gannamstyleupvoted (100.00%) @appreciator / daily-quality-content-rewards-1452018/07/22 14:17:30
gannamstyleupvoted (100.00%) @appreciator / daily-quality-content-rewards-145
2018/07/22 14:17:30
| voter | gannamstyle |
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}gannamstyleupvoted (100.00%) @appreciator / daily-quality-content-rewards-1462018/07/22 14:17:15
gannamstyleupvoted (100.00%) @appreciator / daily-quality-content-rewards-146
2018/07/22 14:17:15
| voter | gannamstyle |
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}gannamstylefollowed @appreciator2018/07/22 14:17:06
gannamstylefollowed @appreciator
2018/07/22 14:17:06
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gannamstylefollowed @appreciator
2018/07/22 14:16:57
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}2018/07/22 14:16:33
2018/07/22 14:16:33
| parent author | berniesanders |
| parent permlink | get-free-byteballs-today-just-for-having-a-steem-account-usd10-80-in-free-coins |
| author | gannamstyle |
| permlink | re-berniesanders-get-free-byteballs-today-just-for-having-a-steem-account-usd10-80-in-free-coins-20180722t141631968z |
| title | |
| body | Thanks for explaining. |
| json metadata | {"tags":["steem"],"app":"steemit/0.1"} |
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}gannamstylefollowed @serfer3072018/07/22 14:14:06
gannamstylefollowed @serfer307
2018/07/22 14:14:06
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}gannamstyleupvoted (100.00%) @phedizzle / what-s-for-dinner-beets-me-first-garden-harvest-and-recipe2018/07/21 21:34:06
gannamstyleupvoted (100.00%) @phedizzle / what-s-for-dinner-beets-me-first-garden-harvest-and-recipe
2018/07/21 21:34:06
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}gannamstylefollowed @vladivostok2018/07/21 21:33:57
gannamstylefollowed @vladivostok
2018/07/21 21:33:57
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}gannamstylefollowed @ranchorelaxo2018/07/21 21:31:51
gannamstylefollowed @ranchorelaxo
2018/07/21 21:31:51
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}sensationupvoted (100.00%) @gannamstyle / debt-rattle-july-20-2018-by-raul-ilargi-meijer2018/07/21 15:54:18
sensationupvoted (100.00%) @gannamstyle / debt-rattle-july-20-2018-by-raul-ilargi-meijer
2018/07/21 15:54:18
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2018/07/21 14:32:42
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gannamstyleupvoted (100.00%) @gannamstyle / debt-rattle-july-21-2018-by-raul-ilargi-meijer
2018/07/21 14:32:33
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}gannamstyleupvoted (100.00%) @gannamstyle / why-are-thousands-of-teslas-sitting-in-a-field-in-california2018/07/21 14:32:30
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2018/07/21 14:32:30
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}gannamstyleupvoted (100.00%) @gannamstyle / debt-rattle-july-19-2018-by-raul-ilargi-meijer2018/07/21 14:32:27
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2018/07/21 14:32:27
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}youngogmarqsupvoted (0.02%) @gannamstyle / debt-rattle-july-20-2018-by-raul-ilargi-meijer2018/07/21 14:32:00
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}serfer307upvoted (100.00%) @gannamstyle / cycle-analysis-btc-usd-new-ath-in-january-20192018/07/21 14:31:45
serfer307upvoted (100.00%) @gannamstyle / cycle-analysis-btc-usd-new-ath-in-january-2019
2018/07/21 14:31:45
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}gannamstylepublished a new post: cycle-analysis-btc-usd-new-ath-in-january-20192018/07/21 14:31:27
gannamstylepublished a new post: cycle-analysis-btc-usd-new-ath-in-january-2019
2018/07/21 14:31:27
| parent author | |
| parent permlink | bitcoin |
| author | gannamstyle |
| permlink | cycle-analysis-btc-usd-new-ath-in-january-2019 |
| title | Cycle analysis: BTC/USD new ATH in January 2019 |
| body |  |
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}gannamstylepublished a new post: debt-rattle-july-21-2018-by-raul-ilargi-meijer2018/07/21 14:24:36
gannamstylepublished a new post: debt-rattle-july-21-2018-by-raul-ilargi-meijer
2018/07/21 14:24:36
| parent author | |
| parent permlink | news |
| author | gannamstyle |
| permlink | debt-rattle-july-21-2018-by-raul-ilargi-meijer |
| title | Debt Rattle July 21 2018 by Raúl Ilargi Meijer |
| body | [](https://en.wikipedia.org/wiki/Hopeless_(Roy_Lichtenstein))\ Roy Lichtenstein **Hopeless** 1963 | - [Ecuador President Arrives In UK; Assange's Fate Hangs In The Balance (Cogan)](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html) | | - [Be Prepared To Shake The Earth If Julian Assange Is Arrested (CJ)](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263) | | - [One FBI Text Message In Russia Probe That Should Alarm Every American (Hill)](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american) | | - [Anatomy of a Displacement-Projection Syndrome (Kunstler)](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/) | | - [Trump 'Ready' To Put Tariffs On All $505 Billion Of Chinese Imports (CNBC)](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html) | | - [EU Rips Up Theresa May's Chequers Plan (Ind.)](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html) | | - [May's Brexit Proposals Died In Brussels In Eight Short Minutes (Ind.)](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html) | | - [Australia's Property Boom Is Well and Truly Over (MM)](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html) | | - [US Loses Bid To End Children's Climate Change Lawsuit (R.)](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB) | | - [Judge Praises US Efforts In Reuniting Migrant Families (R.)](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154) |  New UK Foreign minister says Assange faces 'serious charges'. But "Under UK law any theoretical future bail charge would be a textbook minor charge (under three months). UK law defines "serious charge" one carrying over three years of imprisonment." - [Ecuador President Arrives In UK; Assange's Fate Hangs In The Balance (Cogan)](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html) > *Ecuador's President Lenín Moreno arrives in London today, with his administration seeking to force WikiLeaks editor and Australian citizen Julian Assange out of the Ecuadorian embassy there, where he sought and was granted political asylum in 2012. If Assange leaves the embassy he will be imprisoned by Britain for breaching bail and almost certainly face an application to extradite him to the United States to stand trial on manufactured charges of espionage. On the Moreno government's orders, the Ecuadorian embassy in London has deprived Assange of all external communication, and all visitors apart from his lawyers, since March 28.* > > *After six years of confinement due to the British threat of immediate arrest if he sets foot outside the small building, Assange's health has been seriously compromised. The deprivation of communication is a vindictive attempt to add immense psychological pressure on him to leave the embassy, as well as to silence him while lurid accusations permeate the American and international media that WikiLeaks was part of a nefarious Russian conspiracy to "interfere" in the 2016 US presidential election. Ahead of Moreno's visit to London, his national secretary of political management, Paul Granda, asserted on July 19 that "there is no specific meeting planned on Assange." The same day, acting Ecuadorian foreign minister, Andres Teran, claimed that Moreno's government is "not in talks with the United States" over the WikiLeaks editor.*  [Read more ...](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html)  The silence remains eery. - [Be Prepared To Shake The Earth If Julian Assange Is Arrested (CJ)](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263) > *"The above report that UK and Ecuador are preparing to turn Assange over to UK appears to be true," commented journalist Glenn Greenwald on Simonyan's statement. "Big question is whether the US will indict him and seek his extradition, the way Sessions and Pompeo vowed they would. Can't wait to see how many fake press freedom defenders support that." How many indeed? For all the viral, click-friendly wailing and rending of garments about Donald Trump's "war on the press" because he says "fake news" and picks on Jim Acosta, does anyone expect the so-called free press to rush to the defense of a journalist who is being actively and aggressively persecuted with the full might of the western empire for publishing authentic documents about that very same empire?* > > * > > We are about to find out if this is the part of the movie where the empire rips off the mask of freedom and democracy and reveals its true tyranny. Assange is a soft target, a controversial figure who has been on the receiving end of wildly successful smear campaigns marketed to every major political faction across the western world. He is the logical place to begin a crackdown on press freedoms and make a public example of what happens to those who shine the light of truth upon Big Brother. If we allow them to imprison Julian Assange for practicing journalism, that's it. It's over. We might as well all stop caring what happens to the world and sit on our hands while the oligarchs drive us to ecological disaster, nuclear annihilation or Orwellian dystopia. > > * > > *If we, the many, don't have the spine to stand up against the few and say "No, we get to find out facts about you bastards and use it to inform our worldview, you don't get to criminalize that," then we certainly don't have the spine it will take to wrest control of this world away from the hands of sociopathic plutocrats and take our fate into our own hands. The arrest of Julian Assange would be the fork in the road. It would be where we collectively decide as a species whether we want to survive into the future, and if we deserve to.* [Read more ...](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263)  "A few minutes later Strzok texted his own handicap of the Russia evidence: "You and I both know the odds are nothing. If I thought it was likely, I'd be there no question. I hesitate in part because of my gut sense and concern **there's no big there there.**" - [One FBI Text Message In Russia Probe That Should Alarm Every American (Hill)](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american) > *Lisa Page and Peter Strzok, the reported FBI lovebirds, are the poster children for the next "Don't Text and Investigate" public service ads airing soon at an FBI office near you. Their extraordinary texting affair on their government phones has given the FBI a black eye, laying bare a raw political bias brought into the workplace that agents are supposed to check at the door when they strap on their guns and badges. It is no longer in dispute that they held animus for Donald Trump, who was a subject of their Russia probe, or that they openly discussed using the powers of their office to "stop" Trump from becoming president. The only question is whether any official acts they took in the Russia collusion probe were driven by those sentiments.* > > * > > The Justice Department's inspector general is endeavoring to answer that question. For any American who wants an answer sooner, there are just five words, among the thousands of suggestive texts Page and Strzok exchanged, that you should read. That passage was transmitted on May 19, 2017. "There's no big there there," Strzok texted. The date of the text long has intrigued investigators: It is two days after Deputy Attorney General Rod Rosenstein named special counsel Robert Mueller to oversee an investigation into alleged collusion between Trump and the Russia campaign. Since the text was turned over to Congress, investigators wondered whether it referred to the evidence against the Trump campaign. > > * > > *This month, they finally got the chance to ask. Strzok declined to say --- but Page, during a closed-door interview with lawmakers, confirmed in the most pained and contorted way that the message in fact referred to the quality of the Russia case, according to multiple eyewitnesses. The admission is deeply consequential. It means Rosenstein unleashed the most awesome powers of a special counsel to investigate an allegation that the key FBI officials, driving the investigation for 10 months beforehand, did not think was "there."* [Read more ...](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american)  The US meddles more than anyone else. - [Anatomy of a Displacement-Projection Syndrome (Kunstler)](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/) > *"For more than a decade, Russia has meddled in elections around the world, supported brutal dictators and invaded sovereign nations --- all to the detriment of United States interests." --- The New York Times* > > * > > The Resistance sure got a case of the vapors this week over Mr. Trump's failure to throttle America's arch-enemy, the murderous thug V. Putin of Russia, onstage in Helsinki, as any genuine Marvel Comix hero is expected to do when facing consummate evil. Instead, the Golden Golem of Greatness voiced some doubts about the veracity of our "intelligence community" --- as the shape-shifting Moloch of black ops likes to call itself, as if it were a kindly service organization in Mr. Rogers neighborhood, collecting dimes for victims of childhood cancer. If I may be frank, the US Intel community looks like a much bigger threat to American life and values than anything Mr. Putin is doing, for instance his alleged "meddling" in US elections. > > This word, meddling, absolutely pervades the captive Resistance news outlets these days. It has a thrilling vagueness about it, intimating all kinds of dark deeds without specifying anything, as consorting with Satan once did in our history. The reason: the only specific acts associated with this meddling include the disclosure of incriminating emails among the Democratic National Committee leadership, and a tiny gang of Facebook trolls making sport of profoundly idiotic and dysfunctional American electoral politics. The brief against Russia also contains vague accusations of "aggression." It is hard to discern what is meant by that --- though it apparently warms the heart of American war hawks and their paymasters in the warfare industries. > > * > > *They allege that Russia "stole" Crimea from Ukraine. Consider: Crimea had been a province of Russia since the 1700s. Ukraine itself was a province of the USSR when Nikita Khrushchev put Crimea under Ukraine's administrative control in 1956, a relationship which became obviously problematic after the breakup of the soviet mega-state in 1990 --- and became even more of a problem when the US State Department and our CIA stage-managed a coup against the Russia-leaning Ukrainian president Viktor Yanukovych in 2014. Crimea is the site of Russia's only warm water naval bases. Do you suppose that even an experience American CIA analyst might understand that Russia would under no circumstances give up those assets? Please, grow up.* [Read more ...](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/)  China will have to move. - [Trump 'Ready' To Put Tariffs On All $505 Billion Of Chinese Imports (CNBC)](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html) > *President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise. "I'm ready to go to 500," the president told CNBC's Joe Kernen in a "Squawk Box" interview aired Friday. The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 --- $505.5 billion to be exact, compared with the $129.9 billion the U.S. exported to China, according to Census Bureau data. Thus far in the burgeoning trade war, the U.S. has slapped tariffs on just $34 billion of Chinese products, which China met with retaliatory duties. By sheer dollar volume, the Chinese won't be able to come close to the U.S. in a tit-for-tat battle.* > > *Trump's comments point to a willingness to push the envelope as far as the U.S. needs to get Chinese tariff concessions, along with a pledge to stop allegedly stealing American technology. "I'm not doing this for politics, I'm doing this to do the right thing for our country," Trump said. "We have been ripped off by China for a long time." Trump said the U.S. is "being taken advantage of" on a number of fronts, including trade and monetary policy. Yet he said he has not pushed the tariffs out of any ill will toward China. "I don't want them to be scared. I want them to do well," he said. "I really like President Xi a lot, but it was very unfair."* [Read more ...](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html)  As we all knew they would. - [EU Rips Up Theresa May's Chequers Plan (Ind.)](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html) > *Prospects for a Brexit deal have been dealt a severe blow after the European Union's chief negotiator took apart Theresa May's latest proposals -- just hours after she ruled out further compromise on her side. Speaking in Brussels after a meeting with EU national ministers, Michel Barnier raised a wide variety of serious concerns about the Chequers white paper plan for customs control and single market regulation for goods. Mr Barnier said Ms May's complicated proposal for customs would likely create huge amounts of new paperwork, warning: "Brexit cannot and will not justify additional bureaucracy." The chief negotiator, who said he had told member states to prepare for a no-deal scenario, also raised concerns about the PM's plan to keep the UK following a "common rulebook" of single market regulations for goods.* > > *The intervention emphasises the deadlock between the two sides, with Tory eurosceptics not allowing the embattled prime minister much room for manoeuvre in Westminster in order to meet Mr Barnier's concerns. The PM had hoped her white paper proposals would allow frictionless trade with the EU, but Mr Barnier said a plan to exclude UK services from following EU rules could give a "significant competitive advantage" to Britain and that agreeing to such a policy might not be in the EU's own best interests. Mr Barnier also suggested it would be unreasonable to exempt some goods such as animal feed from having to follow the rules, as proposed by Ms May, stating: "We have a duty of care to protect consumers in the single market, and on which basis could we accept the free circulation of goods?"* [Read more ...](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html)  How will history look back on this incredible mess? - [May's Brexit Proposals Died In Brussels In Eight Short Minutes (Ind.)](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html) > *The Brexit "negotiations" have always been best understood as the kind of negotiations that occur between a particularly irritating toddler and its wearied parent. So it came as a surprise to no one when on Friday morning Britain, having stood around doing not very much for two years, the car now almost fully loaded, finally decided that actually it did want to go to the toilet after all, it was met with a firm "no". You will know, traditionally, what happens next in such matters. The Brexit journey will not smell nice for anyone, but it will be Britain that suffers the most.* > > *That, via a speech in Belfast, just over two years on from the referendum and with six meaningful weeks of negotiating time left, Theresa May finally put some concrete proposals to the EU and Michel Barnier immediately came out of his office in Brussels to reject them is, of course, laughable. Not least as the proposals that have taken two years for her government to "agree" on have only been "agreed" in the sense that her brexit secretary and foreign secretary didn't agree with them, and so left the government -- from which point on the "agreement" has disintegrated in plain sight.* [Read more ...](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html)  Said it before: the Aussie houding bubble is so big it threatens the entire economy. - [Australia's Property Boom Is Well and Truly Over (MM)](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html) > *House prices in Australian capital cities have been booming for the better half of the last two decades. With our capital cities expanding at lightning rates thanks to international and state migration, it seemed like the boom would never end. The extent of our booming economy has been so incredible, it has become the norm for us in Australia. Australians aren't really conditioned to expect stock market or real estate falls or depressions. But like all things, what goes up must come down. As reported by The Sydney Morning Herald earlier this week: 'Only half the properties that went to auction in Sydney and Melbourne on the weekend found buyers. 'Australian property owners are waking up to the mother of all housing debt hangovers. That's what happens, you see, when you go on an unprecedented credit binge, fuelled by cheap credit and loose lending standards.'* > > * > > The Australian Financial Review also confirmed that our debt-fuelled housing boom was coming to an end: 'Generally the wider market [in Sydney] has cooled with transaction numbers falling, selling periods extending and prices declining.' 'Melbourne has eclipsed Sydney as the nation's worst-performing capital with prices falling by about 5 per cent in recent months, according to recent analysis by investment bank Morgan Stanley.' For years your Money Morning editors have been warning that Australia's real estate has been looking more and more like a bubble. Only recently have mainstream economists and newspapers started to agree. > > * > > *[..] This is a controversial view as it has the potential to undermine the stability of our whole nation's economy. Our banking sector is built on a foundation of housing mortgages, and the banks make up a massive proportion of our stock market (around 30% of the ASX). However, with Australian property prices having boomed for so many years, it's no surprise a correction is on the horizon. Now, if the housing boom is actually over, that doesn't mean your house is suddenly worthless. If you own your home, you can still live in it just as happily as before. But investors with too much debt, overly dependent on rising prices, may be in trouble. The trouble is, with so much debt in the system, it could be difficult to correct or even slow down the housing bubble without triggering a full-on crash. One that could have disastrous effects for the wider economy.* [Read more ...](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html)  Case originated in 2015. - [US Loses Bid To End Children's Climate Change Lawsuit (R.)](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB) > *A federal appeals court in San Francisco on Friday rejected the Trump administration's renewed bid to dismiss a lawsuit by young activists who say the U.S. government is ignoring the perils of climate change. By a 3-0 vote, the 9th U.S. Circuit Court of Appeals said the government fell short of the "high bar" needed to dismiss the Oregon case, originally brought in 2015 against the administration of President Barack Obama. Twenty-one children and young adults, ages 11 to 22, accused federal officials and oil industry executives of violating their due process rights by knowing for decades that carbon pollution poisons the environment, but doing nothing about it.* > > *The government contended that letting the case proceed would be too burdensome, unconstitutionally pit the courts against the executive branch, and require improper "agency decision-making" by forcing officials to answer questions about climate change. But the appeals court said the issues raised "are better addressed through the ordinary course of litigation." A trial is scheduled for Oct. 29 in the federal court in Eugene, Oregon. President Donald Trump's administration also has asked the U.S. Supreme Court to dismiss the lawsuit or put it on hold, and is awaiting a ruling. Its earlier bid to end the lawsuit failed in March.* [Read more ...](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB)  And bars deportation of reunified families. - [Judge Praises US Efforts In Reuniting Migrant Families (R.)](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154) > *A federal judge said on Friday the U.S. government had made "very promising" progress toward reuniting some 2,500 immigrant children separated from their parents at the U.S.-Mexico border as part of a crackdown on illegal immigration. The government has six days left to comply with the reunification order by U.S. District Judge Dana Sabraw, who summoned government attorneys to appear in his San Diego courtroom to update him on efforts made in bringing families back together. "I'm very impressed with the effort being made," said Sabraw at the end of the brief hearing. Lawyers for U.S. Immigration and Customs Enforcement reported in a court filing late Thursday that 364 children aged 5 and older had been reunited since Sabraw's order was issued more than three weeks ago.* > > * > > The number was updated to 450 today, an ACLU spokesperson said. Younger children were reunited last week. In Thursday's status report, filed as part of an American Civil Liberties Union lawsuit challenging parent-child separations at the border, the government did not say how many reunifications were likely before the July 26 deadline. Nearly 850 parents had been interviewed and cleared for reunification as of Thursday and another 229 parents had been deemed ineligible because of criminal records, or because they "waived" reunification or for other reasons, the report said. The rest are pending review. > > * > > *More than 850 parents are facing final deportation orders, government lawyers told the court on Friday. The ACLU has asked Sabraw to give those parents at least a week after being reunited with their children before deportation so they have adequate time to obtain legal counsel and consider options. Sabraw has temporarily barred deportations of reunified families pending a final decision.* [Read more ...](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154) |
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"body": "[](https://en.wikipedia.org/wiki/Hopeless_(Roy_Lichtenstein))\\\nRoy Lichtenstein **Hopeless** 1963\n\n| - [Ecuador President Arrives In UK; Assange's Fate Hangs In The Balance (Cogan)](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html) |\n| - [Be Prepared To Shake The Earth If Julian Assange Is Arrested (CJ)](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263) |\n| - [One FBI Text Message In Russia Probe That Should Alarm Every American (Hill)](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american) |\n| - [Anatomy of a Displacement-Projection Syndrome (Kunstler)](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/) |\n| - [Trump 'Ready' To Put Tariffs On All $505 Billion Of Chinese Imports (CNBC)](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html) |\n| - [EU Rips Up Theresa May's Chequers Plan (Ind.)](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html) |\n| - [May's Brexit Proposals Died In Brussels In Eight Short Minutes (Ind.)](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html) |\n| - [Australia's Property Boom Is Well and Truly Over (MM)](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html) |\n| - [US Loses Bid To End Children's Climate Change Lawsuit (R.)](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB) |\n| - [Judge Praises US Efforts In Reuniting Migrant Families (R.)](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154) |\n\n\n\nNew UK Foreign minister says Assange faces 'serious charges'. But \"Under UK law any theoretical future bail charge would be a textbook minor charge (under three months). UK law defines \"serious charge\" one carrying over three years of imprisonment.\"\n\n- [Ecuador President Arrives In UK; Assange's Fate Hangs In The Balance (Cogan)](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html)\n\n> *Ecuador's President Lenín Moreno arrives in London today, with his administration seeking to force WikiLeaks editor and Australian citizen Julian Assange out of the Ecuadorian embassy there, where he sought and was granted political asylum in 2012. If Assange leaves the embassy he will be imprisoned by Britain for breaching bail and almost certainly face an application to extradite him to the United States to stand trial on manufactured charges of espionage. On the Moreno government's orders, the Ecuadorian embassy in London has deprived Assange of all external communication, and all visitors apart from his lawyers, since March 28.*\n>\n> *After six years of confinement due to the British threat of immediate arrest if he sets foot outside the small building, Assange's health has been seriously compromised. The deprivation of communication is a vindictive attempt to add immense psychological pressure on him to leave the embassy, as well as to silence him while lurid accusations permeate the American and international media that WikiLeaks was part of a nefarious Russian conspiracy to \"interfere\" in the 2016 US presidential election. Ahead of Moreno's visit to London, his national secretary of political management, Paul Granda, asserted on July 19 that \"there is no specific meeting planned on Assange.\" The same day, acting Ecuadorian foreign minister, Andres Teran, claimed that Moreno's government is \"not in talks with the United States\" over the WikiLeaks editor.*\n\n\n\n[Read more ...](https://www.wsws.org/en/articles/2018/07/21/assa-j21.html)\n\n\n\nThe silence remains eery.\n\n- [Be Prepared To Shake The Earth If Julian Assange Is Arrested (CJ)](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263)\n\n> *\"The above report that UK and Ecuador are preparing to turn Assange over to UK appears to be true,\" commented journalist Glenn Greenwald on Simonyan's statement. \"Big question is whether the US will indict him and seek his extradition, the way Sessions and Pompeo vowed they would. Can't wait to see how many fake press freedom defenders support that.\" How many indeed? For all the viral, click-friendly wailing and rending of garments about Donald Trump's \"war on the press\" because he says \"fake news\" and picks on Jim Acosta, does anyone expect the so-called free press to rush to the defense of a journalist who is being actively and aggressively persecuted with the full might of the western empire for publishing authentic documents about that very same empire?*\n>\n> *\n>\n> We are about to find out if this is the part of the movie where the empire rips off the mask of freedom and democracy and reveals its true tyranny. Assange is a soft target, a controversial figure who has been on the receiving end of wildly successful smear campaigns marketed to every major political faction across the western world. He is the logical place to begin a crackdown on press freedoms and make a public example of what happens to those who shine the light of truth upon Big Brother. If we allow them to imprison Julian Assange for practicing journalism, that's it. It's over. We might as well all stop caring what happens to the world and sit on our hands while the oligarchs drive us to ecological disaster, nuclear annihilation or Orwellian dystopia.\n>\n> *\n>\n> *If we, the many, don't have the spine to stand up against the few and say \"No, we get to find out facts about you bastards and use it to inform our worldview, you don't get to criminalize that,\" then we certainly don't have the spine it will take to wrest control of this world away from the hands of sociopathic plutocrats and take our fate into our own hands. The arrest of Julian Assange would be the fork in the road. It would be where we collectively decide as a species whether we want to survive into the future, and if we deserve to.*\n\n[Read more ...](https://medium.com/@caityjohnstone/be-prepared-to-shake-the-earth-if-julian-assange-is-arrested-e5a3c2560263)\n\n\n\n\"A few minutes later Strzok texted his own handicap of the Russia evidence: \"You and I both know the odds are nothing. If I thought it was likely, I'd be there no question. I hesitate in part because of my gut sense and concern **there's no big there there.**\"\n\n- [One FBI Text Message In Russia Probe That Should Alarm Every American (Hill)](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american)\n\n> *Lisa Page and Peter Strzok, the reported FBI lovebirds, are the poster children for the next \"Don't Text and Investigate\" public service ads airing soon at an FBI office near you. Their extraordinary texting affair on their government phones has given the FBI a black eye, laying bare a raw political bias brought into the workplace that agents are supposed to check at the door when they strap on their guns and badges. It is no longer in dispute that they held animus for Donald Trump, who was a subject of their Russia probe, or that they openly discussed using the powers of their office to \"stop\" Trump from becoming president. The only question is whether any official acts they took in the Russia collusion probe were driven by those sentiments.*\n>\n> *\n>\n> The Justice Department's inspector general is endeavoring to answer that question. For any American who wants an answer sooner, there are just five words, among the thousands of suggestive texts Page and Strzok exchanged, that you should read. That passage was transmitted on May 19, 2017. \"There's no big there there,\" Strzok texted. The date of the text long has intrigued investigators: It is two days after Deputy Attorney General Rod Rosenstein named special counsel Robert Mueller to oversee an investigation into alleged collusion between Trump and the Russia campaign. Since the text was turned over to Congress, investigators wondered whether it referred to the evidence against the Trump campaign.\n>\n> *\n>\n> *This month, they finally got the chance to ask. Strzok declined to say --- but Page, during a closed-door interview with lawmakers, confirmed in the most pained and contorted way that the message in fact referred to the quality of the Russia case, according to multiple eyewitnesses. The admission is deeply consequential. It means Rosenstein unleashed the most awesome powers of a special counsel to investigate an allegation that the key FBI officials, driving the investigation for 10 months beforehand, did not think was \"there.\"*\n\n[Read more ...](http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american)\n\n\n\nThe US meddles more than anyone else.\n\n- [Anatomy of a Displacement-Projection Syndrome (Kunstler)](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/)\n\n> *\"For more than a decade, Russia has meddled in elections around the world, supported brutal dictators and invaded sovereign nations --- all to the detriment of United States interests.\" --- The New York Times*\n>\n> *\n>\n> The Resistance sure got a case of the vapors this week over Mr. Trump's failure to throttle America's arch-enemy, the murderous thug V. Putin of Russia, onstage in Helsinki, as any genuine Marvel Comix hero is expected to do when facing consummate evil. Instead, the Golden Golem of Greatness voiced some doubts about the veracity of our \"intelligence community\" --- as the shape-shifting Moloch of black ops likes to call itself, as if it were a kindly service organization in Mr. Rogers neighborhood, collecting dimes for victims of childhood cancer. If I may be frank, the US Intel community looks like a much bigger threat to American life and values than anything Mr. Putin is doing, for instance his alleged \"meddling\" in US elections.\n>\n> This word, meddling, absolutely pervades the captive Resistance news outlets these days. It has a thrilling vagueness about it, intimating all kinds of dark deeds without specifying anything, as consorting with Satan once did in our history. The reason: the only specific acts associated with this meddling include the disclosure of incriminating emails among the Democratic National Committee leadership, and a tiny gang of Facebook trolls making sport of profoundly idiotic and dysfunctional American electoral politics. The brief against Russia also contains vague accusations of \"aggression.\" It is hard to discern what is meant by that --- though it apparently warms the heart of American war hawks and their paymasters in the warfare industries.\n>\n> *\n>\n> *They allege that Russia \"stole\" Crimea from Ukraine. Consider: Crimea had been a province of Russia since the 1700s. Ukraine itself was a province of the USSR when Nikita Khrushchev put Crimea under Ukraine's administrative control in 1956, a relationship which became obviously problematic after the breakup of the soviet mega-state in 1990 --- and became even more of a problem when the US State Department and our CIA stage-managed a coup against the Russia-leaning Ukrainian president Viktor Yanukovych in 2014. Crimea is the site of Russia's only warm water naval bases. Do you suppose that even an experience American CIA analyst might understand that Russia would under no circumstances give up those assets? Please, grow up.*\n\n[Read more ...](http://kunstler.com/clusterfuck-nation/anatomy-of-a-displacement-projection-syndrome/)\n\n\n\nChina will have to move.\n\n- [Trump 'Ready' To Put Tariffs On All $505 Billion Of Chinese Imports (CNBC)](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html)\n\n> *President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise. \"I'm ready to go to 500,\" the president told CNBC's Joe Kernen in a \"Squawk Box\" interview aired Friday. The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 --- $505.5 billion to be exact, compared with the $129.9 billion the U.S. exported to China, according to Census Bureau data. Thus far in the burgeoning trade war, the U.S. has slapped tariffs on just $34 billion of Chinese products, which China met with retaliatory duties. By sheer dollar volume, the Chinese won't be able to come close to the U.S. in a tit-for-tat battle.*\n>\n> *Trump's comments point to a willingness to push the envelope as far as the U.S. needs to get Chinese tariff concessions, along with a pledge to stop allegedly stealing American technology. \"I'm not doing this for politics, I'm doing this to do the right thing for our country,\" Trump said. \"We have been ripped off by China for a long time.\" Trump said the U.S. is \"being taken advantage of\" on a number of fronts, including trade and monetary policy. Yet he said he has not pushed the tariffs out of any ill will toward China. \"I don't want them to be scared. I want them to do well,\" he said. \"I really like President Xi a lot, but it was very unfair.\"*\n\n[Read more ...](https://www.cnbc.com/2018/07/19/trump-says-hes-ready-to-put-tariffs-on-all-505-billion-of-chinese-.html)\n\n\n\nAs we all knew they would.\n\n- [EU Rips Up Theresa May's Chequers Plan (Ind.)](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html)\n\n> *Prospects for a Brexit deal have been dealt a severe blow after the European Union's chief negotiator took apart Theresa May's latest proposals -- just hours after she ruled out further compromise on her side. Speaking in Brussels after a meeting with EU national ministers, Michel Barnier raised a wide variety of serious concerns about the Chequers white paper plan for customs control and single market regulation for goods. Mr Barnier said Ms May's complicated proposal for customs would likely create huge amounts of new paperwork, warning: \"Brexit cannot and will not justify additional bureaucracy.\" The chief negotiator, who said he had told member states to prepare for a no-deal scenario, also raised concerns about the PM's plan to keep the UK following a \"common rulebook\" of single market regulations for goods.*\n>\n> *The intervention emphasises the deadlock between the two sides, with Tory eurosceptics not allowing the embattled prime minister much room for manoeuvre in Westminster in order to meet Mr Barnier's concerns. The PM had hoped her white paper proposals would allow frictionless trade with the EU, but Mr Barnier said a plan to exclude UK services from following EU rules could give a \"significant competitive advantage\" to Britain and that agreeing to such a policy might not be in the EU's own best interests. Mr Barnier also suggested it would be unreasonable to exempt some goods such as animal feed from having to follow the rules, as proposed by Ms May, stating: \"We have a duty of care to protect consumers in the single market, and on which basis could we accept the free circulation of goods?\"*\n\n[Read more ...](https://www.independent.co.uk/news/uk/politics/brexit-latest-eu-uk-chequers-white-paper-michel-barnier-theresa-may-a8456416.html)\n\n\n\nHow will history look back on this incredible mess?\n\n- [May's Brexit Proposals Died In Brussels In Eight Short Minutes (Ind.)](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html)\n\n> *The Brexit \"negotiations\" have always been best understood as the kind of negotiations that occur between a particularly irritating toddler and its wearied parent. So it came as a surprise to no one when on Friday morning Britain, having stood around doing not very much for two years, the car now almost fully loaded, finally decided that actually it did want to go to the toilet after all, it was met with a firm \"no\". You will know, traditionally, what happens next in such matters. The Brexit journey will not smell nice for anyone, but it will be Britain that suffers the most.*\n>\n> *That, via a speech in Belfast, just over two years on from the referendum and with six meaningful weeks of negotiating time left, Theresa May finally put some concrete proposals to the EU and Michel Barnier immediately came out of his office in Brussels to reject them is, of course, laughable. Not least as the proposals that have taken two years for her government to \"agree\" on have only been \"agreed\" in the sense that her brexit secretary and foreign secretary didn't agree with them, and so left the government -- from which point on the \"agreement\" has disintegrated in plain sight.*\n\n[Read more ...](https://www.independent.co.uk/voices/theresa-may-brexit-michel-barnier-brexit-a8456806.html)\n\n\n\nSaid it before: the Aussie houding bubble is so big it threatens the entire economy.\n\n- [Australia's Property Boom Is Well and Truly Over (MM)](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html)\n\n> *House prices in Australian capital cities have been booming for the better half of the last two decades. With our capital cities expanding at lightning rates thanks to international and state migration, it seemed like the boom would never end. The extent of our booming economy has been so incredible, it has become the norm for us in Australia. Australians aren't really conditioned to expect stock market or real estate falls or depressions. But like all things, what goes up must come down. As reported by The Sydney Morning Herald earlier this week: 'Only half the properties that went to auction in Sydney and Melbourne on the weekend found buyers. 'Australian property owners are waking up to the mother of all housing debt hangovers. That's what happens, you see, when you go on an unprecedented credit binge, fuelled by cheap credit and loose lending standards.'*\n>\n> *\n>\n> The Australian Financial Review also confirmed that our debt-fuelled housing boom was coming to an end: 'Generally the wider market [in Sydney] has cooled with transaction numbers falling, selling periods extending and prices declining.' 'Melbourne has eclipsed Sydney as the nation's worst-performing capital with prices falling by about 5 per cent in recent months, according to recent analysis by investment bank Morgan Stanley.' For years your Money Morning editors have been warning that Australia's real estate has been looking more and more like a bubble. Only recently have mainstream economists and newspapers started to agree.\n>\n> *\n>\n> *[..] This is a controversial view as it has the potential to undermine the stability of our whole nation's economy. Our banking sector is built on a foundation of housing mortgages, and the banks make up a massive proportion of our stock market (around 30% of the ASX). However, with Australian property prices having boomed for so many years, it's no surprise a correction is on the horizon. Now, if the housing boom is actually over, that doesn't mean your house is suddenly worthless. If you own your home, you can still live in it just as happily as before. But investors with too much debt, overly dependent on rising prices, may be in trouble. The trouble is, with so much debt in the system, it could be difficult to correct or even slow down the housing bubble without triggering a full-on crash. One that could have disastrous effects for the wider economy.*\n\n[Read more ...](https://www.moneymorning.com.au/20180720/australias-property-boom-is-well-and-truly-over.html)\n\n\n\nCase originated in 2015.\n\n- [US Loses Bid To End Children's Climate Change Lawsuit (R.)](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB)\n\n> *A federal appeals court in San Francisco on Friday rejected the Trump administration's renewed bid to dismiss a lawsuit by young activists who say the U.S. government is ignoring the perils of climate change. By a 3-0 vote, the 9th U.S. Circuit Court of Appeals said the government fell short of the \"high bar\" needed to dismiss the Oregon case, originally brought in 2015 against the administration of President Barack Obama. Twenty-one children and young adults, ages 11 to 22, accused federal officials and oil industry executives of violating their due process rights by knowing for decades that carbon pollution poisons the environment, but doing nothing about it.*\n>\n> *The government contended that letting the case proceed would be too burdensome, unconstitutionally pit the courts against the executive branch, and require improper \"agency decision-making\" by forcing officials to answer questions about climate change. But the appeals court said the issues raised \"are better addressed through the ordinary course of litigation.\" A trial is scheduled for Oct. 29 in the federal court in Eugene, Oregon. President Donald Trump's administration also has asked the U.S. Supreme Court to dismiss the lawsuit or put it on hold, and is awaiting a ruling. Its earlier bid to end the lawsuit failed in March.*\n\n[Read more ...](https://www.reuters.com/article/us-usa-climatechange-lawsuit/u-s-loses-bid-to-end-childrens-climate-change-lawsuit-idUSKBN1KA2SB)\n\n\n\nAnd bars deportation of reunified families.\n\n- [Judge Praises US Efforts In Reuniting Migrant Families (R.)](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154)\n\n> *A federal judge said on Friday the U.S. government had made \"very promising\" progress toward reuniting some 2,500 immigrant children separated from their parents at the U.S.-Mexico border as part of a crackdown on illegal immigration. The government has six days left to comply with the reunification order by U.S. District Judge Dana Sabraw, who summoned government attorneys to appear in his San Diego courtroom to update him on efforts made in bringing families back together. \"I'm very impressed with the effort being made,\" said Sabraw at the end of the brief hearing. Lawyers for U.S. Immigration and Customs Enforcement reported in a court filing late Thursday that 364 children aged 5 and older had been reunited since Sabraw's order was issued more than three weeks ago.*\n>\n> *\n>\n> The number was updated to 450 today, an ACLU spokesperson said. Younger children were reunited last week. In Thursday's status report, filed as part of an American Civil Liberties Union lawsuit challenging parent-child separations at the border, the government did not say how many reunifications were likely before the July 26 deadline. Nearly 850 parents had been interviewed and cleared for reunification as of Thursday and another 229 parents had been deemed ineligible because of criminal records, or because they \"waived\" reunification or for other reasons, the report said. The rest are pending review.\n>\n> *\n>\n> *More than 850 parents are facing final deportation orders, government lawyers told the court on Friday. The ACLU has asked Sabraw to give those parents at least a week after being reunited with their children before deportation so they have adequate time to obtain legal counsel and consider options. Sabraw has temporarily barred deportations of reunified families pending a final decision.*\n\n[Read more ...](https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154)",
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}tow-heedsent 0.001 SBD to @gannamstyle- "Hello gannamstyle, $10 - $160 Reward is waiting for you in Gbyte crypto, Just follow the instruction post : https://steemit.com/byteball/@touhidalam69/reward-for-steem-users-usd10-usd160-from-byteball..."2018/07/21 14:09:36
tow-heedsent 0.001 SBD to @gannamstyle- "Hello gannamstyle, $10 - $160 Reward is waiting for you in Gbyte crypto, Just follow the instruction post : https://steemit.com/byteball/@touhidalam69/reward-for-steem-users-usd10-usd160-from-byteball..."
2018/07/21 14:09:36
| from | tow-heed |
| to | gannamstyle |
| amount | 0.001 SBD |
| memo | Hello gannamstyle, $10 - $160 Reward is waiting for you in Gbyte crypto, Just follow the instruction post : https://steemit.com/byteball/@touhidalam69/reward-for-steem-users-usd10-usd160-from-byteball-airdrop-in-gbyte |
| Transaction Info | Block #24371904/Trx 076aab5d9aef9f162b0fb4c02b9b9ff8580d6c92 |
View Raw JSON Data
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"trx_id": "076aab5d9aef9f162b0fb4c02b9b9ff8580d6c92",
"block": 24371904,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-07-21T14:09:36",
"op": [
"transfer",
{
"from": "tow-heed",
"to": "gannamstyle",
"amount": "0.001 SBD",
"memo": "Hello gannamstyle, $10 - $160 Reward is waiting for you in Gbyte crypto, Just follow the instruction post : https://steemit.com/byteball/@touhidalam69/reward-for-steem-users-usd10-usd160-from-byteball-airdrop-in-gbyte"
}
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}gannamstylepublished a new post: debt-rattle-july-20-2018-by-raul-ilargi-meijer2018/07/21 14:07:57
gannamstylepublished a new post: debt-rattle-july-20-2018-by-raul-ilargi-meijer
2018/07/21 14:07:57
| parent author | |
| parent permlink | news |
| author | gannamstyle |
| permlink | debt-rattle-july-20-2018-by-raul-ilargi-meijer |
| title | Debt Rattle July 20 2018 by Raúl Ilargi Meijer |
| body | [](https://www.edwardhopper.net/western-motel.jsp)\ Edward Hopper **Western Motel** 1957 | - [Possible Hand-Over Of Julian Assange To The UK May Be Imminent (Vos)](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/) | | - [Spanish Court Drops International Warrant For Carles Puigdemont (G.)](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan) | | - [Trump Lays Into The Fed, Says 'Not Thrilled' About Interest Rate Hikes (CNBC)](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html) | | - [Trump Plans To Formally Invite Putin To US Later This Year (G.)](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders) | | - [American Cold War Experts: "The Real Threat Is Russophobia" (ZH)](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia) | | - [No-Deal Brexit Would Harm EU Countries As Well As UK, Warns IMF (G.)](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf) | | - [Theresa May: I Will Never Accept EU's Ideas On Irish Brexit Border (G.)](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border) | | - [Android Antitrust Fine Will Demolish Google Profit (MW)](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19) | | - [IMF Raps Greece Over Its Bid To Reintroduce Labor Negotiations (K.)](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations) |  Darkness and shame. - [Possible Hand-Over Of Julian Assange To The UK May Be Imminent (Vos)](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/) > *What happens in a world without Julian Assange? It seems we may be in the unthinkable position of facing such a reality, after WikiLeaks Tweeted regarding the recent statement of Margarita Simonyan, RT's Editor-in-chief. Her message read (In English): "My sources tell me that Julian Assange will be handed over to the UK in the next weeks or days. Like never before I wish that my sources are wrong'.' An exceptionally brief article published by Russian Insider documented Simonyan's foreboding Tweet, indicating that her statement seemed especially serious in light of the quality of her sources.* > > * > > Russian media is hardly the first source of dire warnings regarding Assange's safety in recent weeks. Just days ago, the World Socialist Website related: "The London Times reported July 15 on secret talks between the British and Ecuadorian governments. They are apparently intending to expel WikiLeaks editor Julian Assange from the Ecuadorian embassy in London, where he has enjoyed political asylum for six years. The article said the talks were "an attempt to remove Assange from the embassy," and they were being run at the highest levels of government. The Secretary of State for Foreign Affairs, Sir Alan Duncan, is personally involved." These reports also follow a chilling article penned by award-winning journalist Chris Hedges, who wrote: > > * > > *"The failure on the part of establishment media to defend Julian Assange, who has been trapped in the Ecuadorean Embassy in London since 2012, has been denied communication with the outside world since March and appears to be facing imminent expulsion and arrest, is astonishing. The extradition of the publisher---the maniacal goal of the U.S. government---would set a legal precedent that would criminalize any journalistic oversight or investigation of the corporate state. It would turn leaks and whistleblowing into treason. It would shroud in total secrecy the actions of the ruling global elites."* [Read more ...](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/)  What should happen for Julian too. - [Spanish Court Drops International Warrant For Carles Puigdemont (G.)](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan) > *A Spanish judge has dropped the international arrest warrants issued for the former Catalan president Carles Puigdemont and five other pro-sovereignty politicians over their roles in last year's illegal referendum and subsequent unilateral declaration of independence. The supreme court judge Pablo Llarena announced the decision a week after a German court said it would extradite Puigdemont only over alleged misuse of public funds rather than the more serious charge of rebellion. The dropping of the international warrant means Puigdemont and his former colleagues -- currently in Belgium, Scotland and Switzerland -- no longer face extradition proceedings.* > > *But domestic warrants remain in force, meaning the six will be arrested should they return to Spain. In his ruling, published on Thursday, Llarena hit out at the court in Schleswig-Holstein, accusing it of "a lack of commitment" over acts that could have "broken Spain's constitutional order". The German court's refusal to extradite Puigdemont on the rebellion charge -- which prosecutors had argued could be equated to "high treason" in the German penal code -- meant the deposed president could not be tried for the offence if sent back to Spain.* [Read more ...](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan)  More crazy reactions. Comparing Trump to Erdogan?! - [Trump Lays Into The Fed, Says 'Not Thrilled' About Interest Rate Hikes (CNBC)](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html) > *In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery. Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest rate that flows through to many types of consumer debt. Fed officials, including Chairman Jerome Powell, have raised interest rates twice this year and have pointed to two more before the end of 2018. Trump, in an interview with CNBC, said he does not approve, even though he said he "put a very good man in" at the Fed in Powell.* > > * > > "I'm not thrilled," he told CNBC's Joe Kernen in an interview to air in full Friday at 6 a.m. ET on "Squawk Box." "Because we go up and every time you go up they want to raise rates again. I don't really --- I am not happy about it. But at the same time I'm letting them do what they feel is best." "But I don't like all of this work that goes into doing what we're doing." Markets reacted to Trump's comments, with stocks, the dollar and Treasury yields all falling. > > * > > *Fed officials did not comment on the president's remarks. The White House, in a statement after the interview excerpt aired on CNBC, emphasized that Trump did not mean to influence the Fed's decision-making process. "Of course the President respects the independence of the Fed. As he said he considers the Federal Reserve Board Chair Jerome Powell a very good man and that he is not interfering with Fed policy decisions " the statement said. "The President's views on interest rates are well known and his comments today are a reiteration of those long held positions, and public comments."* [Read more ...](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html)  Keep talking. - [Trump Plans To Formally Invite Putin To US Later This Year (G.)](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders) > *Donald Trump has asked his administration to formally invite Russian president Vladimir Putin to visit Washington later this year, the White House announced on Thursday. Sarah Sanders, the White House press secretary, said Trump asked his national security adviser John Bolton to extend the invitation to Putin for a "working level" dialogue between the two leaders. The invitation comes as the White House has faced a tumultuous week in the aftermath of Trump's controversial summit with Putin in Helsinki. Trump was roundly criticized from Democrats and Republicans in Washington for siding with the Kremlin over the judgments of US intelligence on whether Russia interfered in the 2016 presidential election.* > > *It took the president several attempts to walk back his comments, amplifying the fallout from his joint appearance with Putin. Trump was nonetheless unfazed by the backlash, deeming the summit a "great success" in a tweet earlier on Thursday while saying he looked forward to a second meeting with Putin. "The Summit with Russia was a great success, except with the real enemy of the people, the Fake News Media," Trump wrote. "I look forward to our second meeting so that we can start implementing some of the many things discussed, including stopping terrorism, security for Israel, nuclear ... proliferation, cyber attacks, trade, Ukraine, Middle East peace, North Korea and more. There are many answers, some easy and some hard, to these problems...but they can ALL be solved!"* [Read more ...](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders)  "Russophobia is running amok in this country." - [American Cold War Experts: "The Real Threat Is Russophobia" (ZH)](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia) > *And now for expert analysis that runs refreshingly contrary to the week's Trump-Putin mass hysteria over the Helsinki summit, we find ourselves surprised to feature an unusually honest Vice segment on HBO: These American scholars say the real threat to the U.S. is Russophobia. "If he [President Trump] means what he said he was right. It would be great to cooperate with Russia --- I would go farther, it's imperative... We are eyeball to eyeball in a new Cold War with Russia," begins Stephen F. Cohen, considered among the world's foremost Russian academic experts, while sitting beside John Mearsheimer in this latest Vice interview, who nods his head in approval.* > > * > > Both have long been a thorn in the side of the McCarthyite commentariat which alleges Russian collusion behind every decision of the Trump administration. Mearsheimer, a longtime International Security Policy program director at the University of Chicago, questions the now largely cemented narrative created by those who have least understanding of the history of US-Russia relations: "Why won't people engage in a legitimate debate with people like Steve and me? And I believe the reason they won't is they would lose the debate -- I'm fully confident of that." > > * > > *As the American public has from the time of Trump's election endured endless obtrusive and cacophonous media noise with no real smoking gun (as Former Director of National Intelligence James Clapper famously admitted a year ago) to back the charges of collusion --- what CNN's Van Jones early on admitted was "just a big nothing burger" --- the voices of a small cadre of real Russian experts rarely breaks through to a mass audience. "There is an unwillingness to engage in debate on this issue, like I have never seen before," Mearsheimer tells Vice. And Cohen adds: "We've demonized Putin and we've Putinized Russia so we demonize Russia. Russophobia is running amok in this country. I've seen these things from the inside. I've re-thought and re-thought how we got to the edge of war with Russia, where we haven't been since Cuba in 1962. And I have concluded, and I would be happy to debate my opponents... It is 95 percent our own doing."* [Read more ...](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia)  Getting bored of this yet? - [No-Deal Brexit Would Harm EU Countries As Well As UK, Warns IMF (G.)](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf) > *Britain crashing out of the EU without a deal would inflict significant economic pain across Europe, leaving the region without any winners, the International Monetary Fund has warned. As the new Brexit secretary, Dominic Raab warned Europe to prepare for a no-deal exit, the IMF said such an outcome would hurt the UK most but would also have damaging economic consequences for Ireland and other EU nations. In its annual health check for the euro area, the Washington-based fund said economic growth across the 27 remaining EU states would fall by as much as 1.5% by 2030, if Britain falls back on WTO rules for its trading relationship with the EU after leaving next year.* > > *While economic output for the UK would drop by more than twice that amount -- wiping out almost 4% of GDP -- Ireland would suffer by almost as much as a result of its strong ties to Britain and shared border. The Netherlands, Denmark and Belgium, with similar close proximity and trading links, would also lose around 1% of GDP. Smaller nations with deep financial links to the City of London, such as Malta, Cyprus and Luxembourg, would also be negatively affected by a hard Brexit, the fund warned. The IMF said the long-run impact from a hard Brexit would be spread across the EU as a result of the economic and financial ties spanning the region, which have grown closer by about 40% over the past quarter century. The UK ranks among the EU's three largest trading partners, accounting for 13% of trade in goods and services. There are also complex supply chain links between companies across the bloc.*  [Read more ...](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf)  So no Brexit then? - [Theresa May: I Will Never Accept EU's Ideas On Irish Brexit Border (G.)](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border) > *Theresa May is to tell the European Union it is time to drop what she feels is their inflexible view on an Irish border solution and "evolve" their position to break the impasse in Brexit talks. In a speech in Belfast on Friday she is expected to brand the bloc's calls for regulatory alignment north and south of the border as a "backstop" solution in the event of no deal as "unworkable", and repeat her assertion that a border down the Irish Sea is unacceptable to any British prime minister. "The economic and constitutional dislocation of a formal 'third country' customs border within our own country is something I will never accept, and I believe no British prime minister could ever accept," she will say.* > > *May will tell an audience of business leaders and politicians that the EU proposal is in breach of the Belfast Agreement because it would create a barrier between Northern Ireland and Great Britain and leave the people of Northern Ireland "without their own voice" in trade negotiations. "It is not something the House of Commons will accept," she is due to say. The EU's other 27 states will have a chance to examine and respond to the white paper when its General Council of ministers meets in Brussels on Friday morning. They will also receive an update on negotiations from the European Commission's chief negotiator, Michel Barnier.* [Read more ...](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border)  They'll force people to pay for the software now. - [Android Antitrust Fine Will Demolish Google Profit (MW)](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19) > *When Alphabet Inc. reports earnings Monday, the European Union's $5.07 billion Android antitrust fine will ruin the company's profit. Alphabet stock was relatively flat Wednesday, when the fine formally was announced, and Google has said it plans to appeal the fine. However, the company disclosed in an SEC filing that it will account for the fine in its second-quarter report, due Monday after the bell. In terms of what it will cost the company in cash, the fine is not tax-deductible and worth roughly 75% of the company's expected second-quarter net income of $6.72 billion, which will drastically lower per-share earnings as well.* > > *Since analyst estimates largely do not include the fine as of yet, Alphabet's earnings are likely to miss published expectations on the bottom line by a significant amount. The question that remains beyond the fine itself is how Google, in the long-term, will respond to the ruling, which prevents the search giant from effectively forcing mobile phone makers and telecom companies to pre-install its search engine and Chrome web browser, among other Google mobile apps, in exchange for use of the Android OS. The ruling is set to go into effect in 90 days, though an appeal would delay implementation.* [Read more ...](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19)  How to spell sovereignty. When were countries growing fastest? When they had strong unions. - [IMF Raps Greece Over Its Bid To Reintroduce Labor Negotiations (K.)](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations) > *The International Monetary Fund on Thursday issued a clear warning to the Greek government against its plans to reintroduce collective labor negotiations, saying that such a move would put the competitiveness of the Greek economy at risk. The IMF's observation, included in its Article IV report that is not only about the Greek economy but concerns eurozone financial policies in general, comes almost a month before the party the government intends to stage for the end of the bailout program. The IMF intervention is particularly important for two additional reasons: first because it concerns a key dimension of the post-bailout government narrative, and second because the IMF is not an independent observer, as its technical experts will be conducting a considerable number of visits to Greece in the context of the post-program surveillance, and will prepare two assessment reports on the Greek economy every year.* > > *There is also a third and possibly more important factor that adds to the significance of the IMF recommendation: It may be just a taste of the attitude the Fund will adopt toward Greece should the government implement its plans to increase the minimum salary. This may actually be an intervention with a preventative character. The government has already legislated the return from August -- after the program ends -- of two main principles in collective labor negotiations: the provision for the extension of collective contracts and the principle of the more favorable regulation.* [Read more ...](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations)  https://www.theautomaticearth.com/2018/07/debt-rattle-july-20-2018/ |
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"title": "Debt Rattle July 20 2018 by Raúl Ilargi Meijer",
"body": "[](https://www.edwardhopper.net/western-motel.jsp)\\\nEdward Hopper **Western Motel** 1957\n\n| - [Possible Hand-Over Of Julian Assange To The UK May Be Imminent (Vos)](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/) |\n| - [Spanish Court Drops International Warrant For Carles Puigdemont (G.)](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan) |\n| - [Trump Lays Into The Fed, Says 'Not Thrilled' About Interest Rate Hikes (CNBC)](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html) |\n| - [Trump Plans To Formally Invite Putin To US Later This Year (G.)](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders) |\n| - [American Cold War Experts: \"The Real Threat Is Russophobia\" (ZH)](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia) |\n| - [No-Deal Brexit Would Harm EU Countries As Well As UK, Warns IMF (G.)](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf) |\n| - [Theresa May: I Will Never Accept EU's Ideas On Irish Brexit Border (G.)](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border) |\n| - [Android Antitrust Fine Will Demolish Google Profit (MW)](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19) |\n| - [IMF Raps Greece Over Its Bid To Reintroduce Labor Negotiations (K.)](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations) |\n\n\n\nDarkness and shame.\n\n- [Possible Hand-Over Of Julian Assange To The UK May Be Imminent (Vos)](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/)\n\n> *What happens in a world without Julian Assange? It seems we may be in the unthinkable position of facing such a reality, after WikiLeaks Tweeted regarding the recent statement of Margarita Simonyan, RT's Editor-in-chief. Her message read (In English): \"My sources tell me that Julian Assange will be handed over to the UK in the next weeks or days. Like never before I wish that my sources are wrong'.' An exceptionally brief article published by Russian Insider documented Simonyan's foreboding Tweet, indicating that her statement seemed especially serious in light of the quality of her sources.*\n>\n> *\n>\n> Russian media is hardly the first source of dire warnings regarding Assange's safety in recent weeks. Just days ago, the World Socialist Website related: \"The London Times reported July 15 on secret talks between the British and Ecuadorian governments. They are apparently intending to expel WikiLeaks editor Julian Assange from the Ecuadorian embassy in London, where he has enjoyed political asylum for six years. The article said the talks were \"an attempt to remove Assange from the embassy,\" and they were being run at the highest levels of government. The Secretary of State for Foreign Affairs, Sir Alan Duncan, is personally involved.\" These reports also follow a chilling article penned by award-winning journalist Chris Hedges, who wrote:\n>\n> *\n>\n> *\"The failure on the part of establishment media to defend Julian Assange, who has been trapped in the Ecuadorean Embassy in London since 2012, has been denied communication with the outside world since March and appears to be facing imminent expulsion and arrest, is astonishing. The extradition of the publisher---the maniacal goal of the U.S. government---would set a legal precedent that would criminalize any journalistic oversight or investigation of the corporate state. It would turn leaks and whistleblowing into treason. It would shroud in total secrecy the actions of the ruling global elites.\"*\n\n[Read more ...](https://disobedientmedia.com/2018/07/breaking-possible-hand-over-of-julian-assange-to-the-uk-may-be-imminent/)\n\n\n\nWhat should happen for Julian too.\n\n- [Spanish Court Drops International Warrant For Carles Puigdemont (G.)](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan)\n\n> *A Spanish judge has dropped the international arrest warrants issued for the former Catalan president Carles Puigdemont and five other pro-sovereignty politicians over their roles in last year's illegal referendum and subsequent unilateral declaration of independence. The supreme court judge Pablo Llarena announced the decision a week after a German court said it would extradite Puigdemont only over alleged misuse of public funds rather than the more serious charge of rebellion. The dropping of the international warrant means Puigdemont and his former colleagues -- currently in Belgium, Scotland and Switzerland -- no longer face extradition proceedings.*\n>\n> *But domestic warrants remain in force, meaning the six will be arrested should they return to Spain. In his ruling, published on Thursday, Llarena hit out at the court in Schleswig-Holstein, accusing it of \"a lack of commitment\" over acts that could have \"broken Spain's constitutional order\". The German court's refusal to extradite Puigdemont on the rebellion charge -- which prosecutors had argued could be equated to \"high treason\" in the German penal code -- meant the deposed president could not be tried for the offence if sent back to Spain.*\n\n[Read more ...](https://www.theguardian.com/world/2018/jul/19/spanish-court-drops-international-warrant-puigdemont-catalan)\n\n\n\nMore crazy reactions. Comparing Trump to Erdogan?!\n\n- [Trump Lays Into The Fed, Says 'Not Thrilled' About Interest Rate Hikes (CNBC)](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html)\n\n> *In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery. Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest rate that flows through to many types of consumer debt. Fed officials, including Chairman Jerome Powell, have raised interest rates twice this year and have pointed to two more before the end of 2018. Trump, in an interview with CNBC, said he does not approve, even though he said he \"put a very good man in\" at the Fed in Powell.*\n>\n> *\n>\n> \"I'm not thrilled,\" he told CNBC's Joe Kernen in an interview to air in full Friday at 6 a.m. ET on \"Squawk Box.\" \"Because we go up and every time you go up they want to raise rates again. I don't really --- I am not happy about it. But at the same time I'm letting them do what they feel is best.\" \"But I don't like all of this work that goes into doing what we're doing.\" Markets reacted to Trump's comments, with stocks, the dollar and Treasury yields all falling.\n>\n> *\n>\n> *Fed officials did not comment on the president's remarks. The White House, in a statement after the interview excerpt aired on CNBC, emphasized that Trump did not mean to influence the Fed's decision-making process. \"Of course the President respects the independence of the Fed. As he said he considers the Federal Reserve Board Chair Jerome Powell a very good man and that he is not interfering with Fed policy decisions \" the statement said. \"The President's views on interest rates are well known and his comments today are a reiteration of those long held positions, and public comments.\"*\n\n[Read more ...](https://www.cnbc.com/2018/07/19/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html)\n\n\n\nKeep talking.\n\n- [Trump Plans To Formally Invite Putin To US Later This Year (G.)](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders)\n\n> *Donald Trump has asked his administration to formally invite Russian president Vladimir Putin to visit Washington later this year, the White House announced on Thursday. Sarah Sanders, the White House press secretary, said Trump asked his national security adviser John Bolton to extend the invitation to Putin for a \"working level\" dialogue between the two leaders. The invitation comes as the White House has faced a tumultuous week in the aftermath of Trump's controversial summit with Putin in Helsinki. Trump was roundly criticized from Democrats and Republicans in Washington for siding with the Kremlin over the judgments of US intelligence on whether Russia interfered in the 2016 presidential election.*\n>\n> *It took the president several attempts to walk back his comments, amplifying the fallout from his joint appearance with Putin. Trump was nonetheless unfazed by the backlash, deeming the summit a \"great success\" in a tweet earlier on Thursday while saying he looked forward to a second meeting with Putin. \"The Summit with Russia was a great success, except with the real enemy of the people, the Fake News Media,\" Trump wrote. \"I look forward to our second meeting so that we can start implementing some of the many things discussed, including stopping terrorism, security for Israel, nuclear ... proliferation, cyber attacks, trade, Ukraine, Middle East peace, North Korea and more. There are many answers, some easy and some hard, to these problems...but they can ALL be solved!\"*\n\n[Read more ...](https://www.theguardian.com/us-news/2018/jul/19/donald-trump-vladimir-putin-washington-visit-sarah-sanders)\n\n\n\n\"Russophobia is running amok in this country.\"\n\n- [American Cold War Experts: \"The Real Threat Is Russophobia\" (ZH)](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia)\n\n> *And now for expert analysis that runs refreshingly contrary to the week's Trump-Putin mass hysteria over the Helsinki summit, we find ourselves surprised to feature an unusually honest Vice segment on HBO: These American scholars say the real threat to the U.S. is Russophobia. \"If he [President Trump] means what he said he was right. It would be great to cooperate with Russia --- I would go farther, it's imperative... We are eyeball to eyeball in a new Cold War with Russia,\" begins Stephen F. Cohen, considered among the world's foremost Russian academic experts, while sitting beside John Mearsheimer in this latest Vice interview, who nods his head in approval.*\n>\n> *\n>\n> Both have long been a thorn in the side of the McCarthyite commentariat which alleges Russian collusion behind every decision of the Trump administration. Mearsheimer, a longtime International Security Policy program director at the University of Chicago, questions the now largely cemented narrative created by those who have least understanding of the history of US-Russia relations: \"Why won't people engage in a legitimate debate with people like Steve and me? And I believe the reason they won't is they would lose the debate -- I'm fully confident of that.\"\n>\n> *\n>\n> *As the American public has from the time of Trump's election endured endless obtrusive and cacophonous media noise with no real smoking gun (as Former Director of National Intelligence James Clapper famously admitted a year ago) to back the charges of collusion --- what CNN's Van Jones early on admitted was \"just a big nothing burger\" --- the voices of a small cadre of real Russian experts rarely breaks through to a mass audience. \"There is an unwillingness to engage in debate on this issue, like I have never seen before,\" Mearsheimer tells Vice. And Cohen adds: \"We've demonized Putin and we've Putinized Russia so we demonize Russia. Russophobia is running amok in this country. I've seen these things from the inside. I've re-thought and re-thought how we got to the edge of war with Russia, where we haven't been since Cuba in 1962. And I have concluded, and I would be happy to debate my opponents... It is 95 percent our own doing.\"*\n\n[Read more ...](https://www.zerohedge.com/news/2018-07-19/american-cold-war-experts-real-threat-russophobia)\n\n\n\nGetting bored of this yet?\n\n- [No-Deal Brexit Would Harm EU Countries As Well As UK, Warns IMF (G.)](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf)\n\n> *Britain crashing out of the EU without a deal would inflict significant economic pain across Europe, leaving the region without any winners, the International Monetary Fund has warned. As the new Brexit secretary, Dominic Raab warned Europe to prepare for a no-deal exit, the IMF said such an outcome would hurt the UK most but would also have damaging economic consequences for Ireland and other EU nations. In its annual health check for the euro area, the Washington-based fund said economic growth across the 27 remaining EU states would fall by as much as 1.5% by 2030, if Britain falls back on WTO rules for its trading relationship with the EU after leaving next year.*\n>\n> *While economic output for the UK would drop by more than twice that amount -- wiping out almost 4% of GDP -- Ireland would suffer by almost as much as a result of its strong ties to Britain and shared border. The Netherlands, Denmark and Belgium, with similar close proximity and trading links, would also lose around 1% of GDP. Smaller nations with deep financial links to the City of London, such as Malta, Cyprus and Luxembourg, would also be negatively affected by a hard Brexit, the fund warned. The IMF said the long-run impact from a hard Brexit would be spread across the EU as a result of the economic and financial ties spanning the region, which have grown closer by about 40% over the past quarter century. The UK ranks among the EU's three largest trading partners, accounting for 13% of trade in goods and services. There are also complex supply chain links between companies across the bloc.*\n\n\n\n[Read more ...](https://www.theguardian.com/business/2018/jul/19/no-deal-brexit-would-harm-all-european-countries-warns-imf)\n\n\n\nSo no Brexit then?\n\n- [Theresa May: I Will Never Accept EU's Ideas On Irish Brexit Border (G.)](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border)\n\n> *Theresa May is to tell the European Union it is time to drop what she feels is their inflexible view on an Irish border solution and \"evolve\" their position to break the impasse in Brexit talks. In a speech in Belfast on Friday she is expected to brand the bloc's calls for regulatory alignment north and south of the border as a \"backstop\" solution in the event of no deal as \"unworkable\", and repeat her assertion that a border down the Irish Sea is unacceptable to any British prime minister. \"The economic and constitutional dislocation of a formal 'third country' customs border within our own country is something I will never accept, and I believe no British prime minister could ever accept,\" she will say.*\n>\n> *May will tell an audience of business leaders and politicians that the EU proposal is in breach of the Belfast Agreement because it would create a barrier between Northern Ireland and Great Britain and leave the people of Northern Ireland \"without their own voice\" in trade negotiations. \"It is not something the House of Commons will accept,\" she is due to say. The EU's other 27 states will have a chance to examine and respond to the white paper when its General Council of ministers meets in Brussels on Friday morning. They will also receive an update on negotiations from the European Commission's chief negotiator, Michel Barnier.*\n\n[Read more ...](https://www.theguardian.com/world/2018/jul/19/theresa-may-i-will-never-accept-eus-ideas-on-irish-brexit-border)\n\n\n\nThey'll force people to pay for the software now.\n\n- [Android Antitrust Fine Will Demolish Google Profit (MW)](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19)\n\n> *When Alphabet Inc. reports earnings Monday, the European Union's $5.07 billion Android antitrust fine will ruin the company's profit. Alphabet stock was relatively flat Wednesday, when the fine formally was announced, and Google has said it plans to appeal the fine. However, the company disclosed in an SEC filing that it will account for the fine in its second-quarter report, due Monday after the bell. In terms of what it will cost the company in cash, the fine is not tax-deductible and worth roughly 75% of the company's expected second-quarter net income of $6.72 billion, which will drastically lower per-share earnings as well.*\n>\n> *Since analyst estimates largely do not include the fine as of yet, Alphabet's earnings are likely to miss published expectations on the bottom line by a significant amount. The question that remains beyond the fine itself is how Google, in the long-term, will respond to the ruling, which prevents the search giant from effectively forcing mobile phone makers and telecom companies to pre-install its search engine and Chrome web browser, among other Google mobile apps, in exchange for use of the Android OS. The ruling is set to go into effect in 90 days, though an appeal would delay implementation.*\n\n[Read more ...](https://www.marketwatch.com/story/alphabet-earnings-android-antitrust-fine-will-demolish-google-profit-2018-07-19)\n\n\n\nHow to spell sovereignty. When were countries growing fastest? When they had strong unions.\n\n- [IMF Raps Greece Over Its Bid To Reintroduce Labor Negotiations (K.)](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations)\n\n> *The International Monetary Fund on Thursday issued a clear warning to the Greek government against its plans to reintroduce collective labor negotiations, saying that such a move would put the competitiveness of the Greek economy at risk. The IMF's observation, included in its Article IV report that is not only about the Greek economy but concerns eurozone financial policies in general, comes almost a month before the party the government intends to stage for the end of the bailout program. The IMF intervention is particularly important for two additional reasons: first because it concerns a key dimension of the post-bailout government narrative, and second because the IMF is not an independent observer, as its technical experts will be conducting a considerable number of visits to Greece in the context of the post-program surveillance, and will prepare two assessment reports on the Greek economy every year.*\n>\n> *There is also a third and possibly more important factor that adds to the significance of the IMF recommendation: It may be just a taste of the attitude the Fund will adopt toward Greece should the government implement its plans to increase the minimum salary. This may actually be an intervention with a preventative character. The government has already legislated the return from August -- after the program ends -- of two main principles in collective labor negotiations: the provision for the extension of collective contracts and the principle of the more favorable regulation.*\n\n[Read more ...](http://www.ekathimerini.com/230881/article/ekathimerini/business/imf-raps-govt-over-its-bid-to-reintroduce-labor-negotiations)\n\n\n\nhttps://www.theautomaticearth.com/2018/07/debt-rattle-july-20-2018/",
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2018/07/19 22:02:24
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}yeheyupvoted (10.00%) @gannamstyle / why-are-thousands-of-teslas-sitting-in-a-field-in-california2018/07/19 22:01:00
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2018/07/19 22:01:00
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2018/07/19 21:55:21
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}gannamstylepublished a new post: why-are-thousands-of-teslas-sitting-in-a-field-in-california2018/07/19 21:30:00
gannamstylepublished a new post: why-are-thousands-of-teslas-sitting-in-a-field-in-california
2018/07/19 21:30:00
| parent author | |
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| author | gannamstyle |
| permlink | why-are-thousands-of-teslas-sitting-in-a-field-in-california |
| title | Why Are "Thousands" of Teslas Sitting In a Field in California? |
| body | > *"There's so much inventory here, it's crazy."* When Tesla finally met its Model 3 production run rate target, astute investors and analysts pointed out the use of the word "factory gated" in the company's press release: **"Not only did we factory gate 5000 Model 3's**, but we also achieved the S & X production target for a combined 7000 vehicle week!" Musk wrote in an email to his staff that week. [](https://www.zerohedge.com/sites/default/files/inline-images/ring%20a%20bell_0.jpg?itok=bXmzaLmb) It was a term that Tesla hadn't used before. Now, thanks to a couple of sleuths on Twitter, we may have just found out what the term means. Twitter Tesla sleuth @ISpyTSLA, with the help of others, has been trying to figure out exactly where all these vehicles are winding up. @ISpyTSLA found that it appears that "thousands" of vehicles are being stored **"in a field"** 500 E Louise Ave, Lathrop, CA 95330. > We found the cars.\ >\ > Amazing Twitter sluething.\ >\ > They are sitting on a field in Lathrop, CA\ >\ > Photos/Livestream from [@IspyTsla](https://twitter.com/IspyTsla?ref_src=twsrc%5Etfw) to follow.[$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw) > > --- Value Dissenter (@ValueDissenter) [July 19, 2018](https://twitter.com/ValueDissenter/status/1020018426973048832?ref_src=twsrc%5Etfw) > Thousands of [$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw) Model 3s are at this address:\ >\ > 500 E Louise Ave, Lathrop, CA 95330 > > --- Value Dissenter (@ValueDissenter) [July 19, 2018](https://twitter.com/ValueDissenter/status/1020020395175436289?ref_src=twsrc%5Etfw) A google map visual of the address: According to public records, the [property was also available for lease just 6 months ago](http://www.loopnet.com/Listing/500-E-Louise-Ave-Lathrop-CA/7137057/), suggesting that Tesla leased it recently. Why? Perhaps as a place to temporarily dump cars that should be 'off the books' or as some said,' **"There's so much inventory here, it's crazy."** > There is so much inventory here it's crazy > > --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020020639250374656?ref_src=twsrc%5Etfw) > It's like a sea of Model Ss, 3s & Xs.\ > Cars are coming in but not coming out? > > --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020020794280194048?ref_src=twsrc%5Etfw) The accompanying video appears to show "thousands" of Tesla vehicles just rusting in the open air under the scorching California sun. > <https://t.co/QkYgxiomYF> > > --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020023819396820992?ref_src=twsrc%5Etfw) Additional video shows the Twitter users initial approach to the property, which appears to have a gate with a warning sign that the premises are being video monitored. [](https://www.zerohedge.com/sites/default/files/inline-images/sign%20sign_0.jpg?itok=dsbocOBh) > <https://t.co/AhZJJpFpj0> > > --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020019614304985090?ref_src=twsrc%5Etfw) The Twitter user notes that trucks seem to be bringing cars in, but not out. Follow up Tweets [noted](https://twitter.com/IspyTsla/status/1020025922211098624) that "there's no real activity in the inventory lot" before noting that "some cars are coming out". > Well some cars are coming out [pic.twitter.com/0YrrQDeBNq](https://t.co/0YrrQDeBNq) > > --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020026987685982209?ref_src=twsrc%5Etfw) The reaction from Twitter was underwhelming. > Great News Lemmings! All of our 5K Burst week cars are sitting in a scrap heap. This is GREAT news, we are going to make submarines out of them. Elon [$TSLA](https://twitter.com/search?q=%24TSLA&src=ctag&ref_src=twsrc%5Etfw) > > --- William B. Smith (@blainefundlp) [July 19, 2018](https://twitter.com/blainefundlp/status/1020026300734558208?ref_src=twsrc%5Etfw) > A parking lot of [$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw) garbage.\ > Great work here and sleuthing.[$tslaq](https://twitter.com/search?q=%24tslaq&src=ctag&ref_src=twsrc%5Etfw) <https://t.co/K8OpfFttUv> > > --- Tito 'Elon Holmes' El Bandito (@TitoElBandito) [July 19, 2018](https://twitter.com/TitoElBandito/status/1020026077463433217?ref_src=twsrc%5Etfw) > [$TSLA](https://twitter.com/search?q=%24TSLA&src=ctag&ref_src=twsrc%5Etfw) is hiding Model 3s in an industrial which is apparently somewhere in CA. Why not deliver them? Demand issues? <https://t.co/H9lCePgOSG> > > --- Salt_Nole (@Salt_Nole) [July 19, 2018](https://twitter.com/Salt_Nole/status/1020021623607488512?ref_src=twsrc%5Etfw) But why stash the cars there? Is it to optimize net working capital and give investors - and auditors - the impression of more liquidity than is actually available? Surely this will, or should, be one of the "boring" questions asked on the company's conference, if PricewaterhouseCoopers doesn't ask first. Meanwhile, Tesla already had to fend off a downgrade from Needham this morning, who warned that Model 3 refunds were moving faster than deposits, something we [documented here over a month ago](https://www.zerohedge.com/news/2018-06-04/tesla-has-refunded-nearly-quarter-model-3-deposits). > "Based on our checks, refunds are outpacing deposits as cancellations accelerate," wrote analyst Rajvindra Gill in the note Thursday. "The reasons are varied: extended wait times, the expiration of the $7,500 credit, and unavailability of the $35k base model." > > "In August '17, TSLA cited a refund rate of 12%. Almost a year later, we believe it has doubled and outpaced deposits. Model 3 wait times are currently 4-12 months and with base model not available until mid-2019, consumers could wait until 2020," Gill added. [This morning Tesla refuted this,](https://www.cnbc.com/2018/07/19/tesla-shares-fall-after-needham-downgrades-to-sell-citing-possible-in.html) however, with the discovery of this new lot Tesla's PR spin job for today may only be getting started. https://www.zerohedge.com/news/2018-07-19/why-are-thousands-teslas-sitting-field-california-0 |
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"title": "Why Are \"Thousands\" of Teslas Sitting In a Field in California?",
"body": "> *\"There's so much inventory here, it's crazy.\"*\n\nWhen Tesla finally met its Model 3 production run rate target, astute investors and analysts pointed out the use of the word \"factory gated\" in the company's press release: **\"Not only did we factory gate 5000 Model 3's**, but we also achieved the S & X production target for a combined 7000 vehicle week!\" Musk wrote in an email to his staff that week.\n\n[](https://www.zerohedge.com/sites/default/files/inline-images/ring%20a%20bell_0.jpg?itok=bXmzaLmb)\n\nIt was a term that Tesla hadn't used before.\n\nNow, thanks to a couple of sleuths on Twitter, we may have just found out what the term means. Twitter Tesla sleuth @ISpyTSLA, with the help of others, has been trying to figure out exactly where all these vehicles are winding up. @ISpyTSLA found that it appears that \"thousands\" of vehicles are being stored **\"in a field\"** 500 E Louise Ave, Lathrop, CA 95330.\n\n> We found the cars.\\\n>\\\n> Amazing Twitter sluething.\\\n>\\\n> They are sitting on a field in Lathrop, CA\\\n>\\\n> Photos/Livestream from [@IspyTsla](https://twitter.com/IspyTsla?ref_src=twsrc%5Etfw) to follow.[$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw)\n>\n> --- Value Dissenter (@ValueDissenter) [July 19, 2018](https://twitter.com/ValueDissenter/status/1020018426973048832?ref_src=twsrc%5Etfw)\n\n> Thousands of [$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw) Model 3s are at this address:\\\n>\\\n> 500 E Louise Ave, Lathrop, CA 95330\n>\n> --- Value Dissenter (@ValueDissenter) [July 19, 2018](https://twitter.com/ValueDissenter/status/1020020395175436289?ref_src=twsrc%5Etfw)\n\nA google map visual of the address:\n\nAccording to public records, the [property was also available for lease just 6 months ago](http://www.loopnet.com/Listing/500-E-Louise-Ave-Lathrop-CA/7137057/), suggesting that Tesla leased it recently. Why?\n\nPerhaps as a place to temporarily dump cars that should be 'off the books' or as some said,' **\"There's so much inventory here, it's crazy.\"**\n\n> There is so much inventory here it's crazy\n>\n> --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020020639250374656?ref_src=twsrc%5Etfw)\n\n> It's like a sea of Model Ss, 3s & Xs.\\\n> Cars are coming in but not coming out?\n>\n> --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020020794280194048?ref_src=twsrc%5Etfw)\n\nThe accompanying video appears to show \"thousands\" of Tesla vehicles just rusting in the open air under the scorching California sun.\n\n> <https://t.co/QkYgxiomYF>\n>\n> --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020023819396820992?ref_src=twsrc%5Etfw)\n\nAdditional video shows the Twitter users initial approach to the property, which appears to have a gate with a warning sign that the premises are being video monitored.\n\n[](https://www.zerohedge.com/sites/default/files/inline-images/sign%20sign_0.jpg?itok=dsbocOBh)\n\n> <https://t.co/AhZJJpFpj0>\n>\n> --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020019614304985090?ref_src=twsrc%5Etfw)\n\nThe Twitter user notes that trucks seem to be bringing cars in, but not out. Follow up Tweets [noted](https://twitter.com/IspyTsla/status/1020025922211098624) that \"there's no real activity in the inventory lot\" before noting that \"some cars are coming out\".\n\n> Well some cars are coming out [pic.twitter.com/0YrrQDeBNq](https://t.co/0YrrQDeBNq)\n>\n> --- IspyTSLA (@IspyTsla) [July 19, 2018](https://twitter.com/IspyTsla/status/1020026987685982209?ref_src=twsrc%5Etfw)\n\nThe reaction from Twitter was underwhelming.\n\n> Great News Lemmings! All of our 5K Burst week cars are sitting in a scrap heap. This is GREAT news, we are going to make submarines out of them. Elon [$TSLA](https://twitter.com/search?q=%24TSLA&src=ctag&ref_src=twsrc%5Etfw)\n>\n> --- William B. Smith (@blainefundlp) [July 19, 2018](https://twitter.com/blainefundlp/status/1020026300734558208?ref_src=twsrc%5Etfw)\n\n> A parking lot of [$tsla](https://twitter.com/search?q=%24tsla&src=ctag&ref_src=twsrc%5Etfw) garbage.\\\n> Great work here and sleuthing.[$tslaq](https://twitter.com/search?q=%24tslaq&src=ctag&ref_src=twsrc%5Etfw) <https://t.co/K8OpfFttUv>\n>\n> --- Tito 'Elon Holmes' El Bandito (@TitoElBandito) [July 19, 2018](https://twitter.com/TitoElBandito/status/1020026077463433217?ref_src=twsrc%5Etfw)\n\n> [$TSLA](https://twitter.com/search?q=%24TSLA&src=ctag&ref_src=twsrc%5Etfw) is hiding Model 3s in an industrial which is apparently somewhere in CA. Why not deliver them? Demand issues? <https://t.co/H9lCePgOSG>\n>\n> --- Salt_Nole (@Salt_Nole) [July 19, 2018](https://twitter.com/Salt_Nole/status/1020021623607488512?ref_src=twsrc%5Etfw)\n\nBut why stash the cars there? Is it to optimize net working capital and give investors - and auditors - the impression of more liquidity than is actually available?\n\nSurely this will, or should, be one of the \"boring\" questions asked on the company's conference, if PricewaterhouseCoopers doesn't ask first. \n\nMeanwhile, Tesla already had to fend off a downgrade from Needham this morning, who warned that Model 3 refunds were moving faster than deposits, something we [documented here over a month ago](https://www.zerohedge.com/news/2018-06-04/tesla-has-refunded-nearly-quarter-model-3-deposits).\n\n> \"Based on our checks, refunds are outpacing deposits as cancellations accelerate,\" wrote analyst Rajvindra Gill in the note Thursday. \"The reasons are varied: extended wait times, the expiration of the $7,500 credit, and unavailability of the $35k base model.\"\n>\n> \"In August '17, TSLA cited a refund rate of 12%. Almost a year later, we believe it has doubled and outpaced deposits. Model 3 wait times are currently 4-12 months and with base model not available until mid-2019, consumers could wait until 2020,\" Gill added.\n\n[This morning Tesla refuted this,](https://www.cnbc.com/2018/07/19/tesla-shares-fall-after-needham-downgrades-to-sell-citing-possible-in.html) however, with the discovery of this new lot Tesla's PR spin job for today may only be getting started.\n\nhttps://www.zerohedge.com/news/2018-07-19/why-are-thousands-teslas-sitting-field-california-0",
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}2018/07/19 21:24:21
2018/07/19 21:24:21
| parent author | gannamstyle |
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| author | cheetah |
| permlink | cheetah-re-gannamstyleus-dollar-dips-on-trump-s-comment-that-he-s-not-happy-with-hiking-fed |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2018/07/19/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed.html |
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"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2018/07/19/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed.html",
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}2018/07/19 21:24:18
2018/07/19 21:24:18
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}gannamstylepublished a new post: us-dollar-dips-on-trump-s-comment-that-he-s-not-happy-with-hiking-fed2018/07/19 21:24:06
gannamstylepublished a new post: us-dollar-dips-on-trump-s-comment-that-he-s-not-happy-with-hiking-fed
2018/07/19 21:24:06
| parent author | |
| parent permlink | news |
| author | gannamstyle |
| permlink | us-dollar-dips-on-trump-s-comment-that-he-s-not-happy-with-hiking-fed |
| title | US Dollar Dips on Trump’s Comment That He’s Not Happy with Hiking Fed |
| body | US Dollar Index (DXY) Talking Points: ------------------------------------- - The ONE Thing: Trump's comments stole the day as he took the unusual track of commenting directly on monetary policy when he said, "Our currency is going up, and I have to tell you it puts us at a disadvantage." Thisis seen in the light of the trade war where he said the Chinese currency is 'dropping like a rock.' After the comments hit headlines, the White House said that Trump "respects independence of Fed." - Yen jumps most in a month before trading at 113 rising 0.61%. [Canadian Dollar](https://www.dailyfx.com/cad "Canadian Dollar") is the only currency in G10 at time of writing lower on the day vs. [USD](https://www.dailyfx.com/usd "USD") after Trump's comments. [CHF](https://www.dailyfx.com/chf "CHF") also jumped taking [USD/CHF](https://www.dailyfx.com/usd-chf "USD/CHF") down 0.5%. - Technical Outlook on the US Dollar: The bears in the [US Dollar](https://www.dailyfx.com/us-dollar-index "US Dollar") Index (DXY) have few legs to stand on while bullish arguments continue to compile. Whether looking through the lens of Ichimoku, Elliott Wave, Andrew's Pitchfork, or MACD (there are more) the prudent approach seems to favor further US Dollar Index gains. Trump Takes On the Fed ---------------------- The Dollar dived after comments from US President Trump where he said he's not thrilled about interest rate hikes through remains firmly in the driver's seat against the G10. It's hard to call the [JPY](https://www.dailyfx.com/jpy "JPY") strong against the USD above 110 in the current environment. A key tenet of the Federal Reserve is their independence from executive office or overt political interference. While Trump's comments have little precedent, it's also unlikely that it will sway the Fed. We just heard from Fed Chairman Jerome Powell at the Humphry Hawkins semi-annual testimony where he emphatically emphasized that the Fed was wholly independent and that fiscal policy and the governmental plans. To be fair, China's currency is weakening aggressively with USD/CNY having risen by more than 8% since the April lows. Put another way; China is using the Yuan as a policy tool to act as a rudder to help them better steer the economy through this storm of Trade Wars. [Unlock our Q3 forecast](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell) to learn what will drive trends for the US Dollar through 2018! Technically Speaking -- US Dollar Meets Firm Resistance At 95 ------------------------------------------------------------ [](https://a.c-dn.net/b/2luLhX/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed_body_chart1.png.full.png) Chart Source: Pro Real Time with IG UK Price Feed. Created by Tyler Yell, CMT Looking at the chart above, traders can see that the US Dollar Index has now met considerable resistance at 95. A shortcut I like to use in analysis is to identify an extreme day and draw that day's range as resistance. The October 27 high of 94.929 and low of 94.50 have together brought considerable resistance to the US Dollar Index. However, the US Dollar index is trading at higher lows for June & July. A break above this zone would favor a move toward the 61.8% retracement of the 2017-2018 range at 97.74. On the contrary, a break below the recent higher lows at 93.33 and 92.90 would mark the possibility of a larger pullback. Until then, it's likely time to pull back or at least discount the hyperbole on the US Dollar's reaction about the Fed now bowing to Executive Office pressure. New to FX trading? No worries, [we created this guide just for you.](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell) MORE SUPPORT FOR YOUR TRADING: ------------------------------ Are you looking for longer-term analysis on the U.S. Dollar? Our [DailyFX Forecasts for Q3](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell) have a section for each major currency, and we also offer an excess of resources on USD-pairs such as [EUR/USD](https://www.dailyfx.com/eur-usd), [GBP/USD](https://www.dailyfx.com/gbp-usd), [USD/JPY](https://www.dailyfx.com/usd-jpy), [AUD/USD](https://www.dailyfx.com/aud-usd). Traders can also stay up with near-term positioning via our [popular and free IG Client Sentiment Indicator](https://www.dailyfx.com/sentiment?ref-author=Yell). ---Written by Tyler Yell, CMT Tyler Yell is a Chartered Market Technician. Tyler provides Technical analysis that is powered by fundamental factors on key markets as well as t1rading educational resources. Read more of Tyler's Technical reports [via his bio page.](https://www.dailyfx.com/authors/bio/Tyler_Yell/56) Communicate with Tyler and have your shout below by posting in the comments area. Feel free to include your market views as well. Discuss this market with Tyler in the [live webinar, FX Closing Bell, Weekdays Monday-Thursday at 3 pm ET.](https://www.dailyfx.com/webinars?ref=Yell) Talk markets on twitter [@ForexYell](https://twitter.com/ForexYell) [DailyFX](https://www.dailyfx.com/) provides forex news and technical analysis on the trends that influence the global currency markets.  #####\ by [Tyler Yell, CMT](https://www.dailyfx.com/authors/bio/Tyler_Yell) , *Forex Trading Instructor* https://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2018/07/19/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed.html |
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"body": "US Dollar Index (DXY) Talking Points:\n-------------------------------------\n\n- The ONE Thing: Trump's comments stole the day as he took the unusual track of commenting directly on monetary policy when he said, \"Our currency is going up, and I have to tell you it puts us at a disadvantage.\" Thisis seen in the light of the trade war where he said the Chinese currency is 'dropping like a rock.' After the comments hit headlines, the White House said that Trump \"respects independence of Fed.\"\n- Yen jumps most in a month before trading at 113 rising 0.61%. [Canadian Dollar](https://www.dailyfx.com/cad \"Canadian Dollar\") is the only currency in G10 at time of writing lower on the day vs. [USD](https://www.dailyfx.com/usd \"USD\") after Trump's comments. [CHF](https://www.dailyfx.com/chf \"CHF\") also jumped taking [USD/CHF](https://www.dailyfx.com/usd-chf \"USD/CHF\") down 0.5%.\n- Technical Outlook on the US Dollar: The bears in the [US Dollar](https://www.dailyfx.com/us-dollar-index \"US Dollar\") Index (DXY) have few legs to stand on while bullish arguments continue to compile. Whether looking through the lens of Ichimoku, Elliott Wave, Andrew's Pitchfork, or MACD (there are more) the prudent approach seems to favor further US Dollar Index gains.\n\nTrump Takes On the Fed\n----------------------\n\nThe Dollar dived after comments from US President Trump where he said he's not thrilled about interest rate hikes through remains firmly in the driver's seat against the G10. It's hard to call the [JPY](https://www.dailyfx.com/jpy \"JPY\") strong against the USD above 110 in the current environment.\n\nA key tenet of the Federal Reserve is their independence from executive office or overt political interference. While Trump's comments have little precedent, it's also unlikely that it will sway the Fed. We just heard from Fed Chairman Jerome Powell at the Humphry Hawkins semi-annual testimony where he emphatically emphasized that the Fed was wholly independent and that fiscal policy and the governmental plans.\n\nTo be fair, China's currency is weakening aggressively with USD/CNY having risen by more than 8% since the April lows. Put another way; China is using the Yuan as a policy tool to act as a rudder to help them better steer the economy through this storm of Trade Wars.\n\n[Unlock our Q3 forecast](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell) to learn what will drive trends for the US Dollar through 2018!\n\nTechnically Speaking -- US Dollar Meets Firm Resistance At 95\n------------------------------------------------------------\n\n[](https://a.c-dn.net/b/2luLhX/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed_body_chart1.png.full.png)\n\nChart Source: Pro Real Time with IG UK Price Feed. Created by Tyler Yell, CMT\n\nLooking at the chart above, traders can see that the US Dollar Index has now met considerable resistance at 95. A shortcut I like to use in analysis is to identify an extreme day and draw that day's range as resistance. The October 27 high of 94.929 and low of 94.50 have together brought considerable resistance to the US Dollar Index.\n\nHowever, the US Dollar index is trading at higher lows for June & July. A break above this zone would favor a move toward the 61.8% retracement of the 2017-2018 range at 97.74. On the contrary, a break below the recent higher lows at 93.33 and 92.90 would mark the possibility of a larger pullback.\n\nUntil then, it's likely time to pull back or at least discount the hyperbole on the US Dollar's reaction about the Fed now bowing to Executive Office pressure.\n\nNew to FX trading? No worries, [we created this guide just for you.](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell)\n\nMORE SUPPORT FOR YOUR TRADING:\n------------------------------\n\nAre you looking for longer-term analysis on the U.S. Dollar? Our [DailyFX Forecasts for Q3](https://www.dailyfx.com/free_guide-tg.html?ref-author=Yell) have a section for each major currency, and we also offer an excess of resources on USD-pairs such as [EUR/USD](https://www.dailyfx.com/eur-usd), [GBP/USD](https://www.dailyfx.com/gbp-usd), [USD/JPY](https://www.dailyfx.com/usd-jpy), [AUD/USD](https://www.dailyfx.com/aud-usd). Traders can also stay up with near-term positioning via our [popular and free IG Client Sentiment Indicator](https://www.dailyfx.com/sentiment?ref-author=Yell).\n\n---Written by Tyler Yell, CMT\n\nTyler Yell is a Chartered Market Technician. Tyler provides Technical analysis that is powered by fundamental factors on key markets as well as t1rading educational resources. Read more of Tyler's Technical reports [via his bio page.](https://www.dailyfx.com/authors/bio/Tyler_Yell/56)\n\nCommunicate with Tyler and have your shout below by posting in the comments area. Feel free to include your market views as well.\n\nDiscuss this market with Tyler in the [live webinar, FX Closing Bell, Weekdays Monday-Thursday at 3 pm ET.](https://www.dailyfx.com/webinars?ref=Yell)\n\nTalk markets on twitter [@ForexYell](https://twitter.com/ForexYell)\n\n[DailyFX](https://www.dailyfx.com/) provides forex news and technical analysis on the trends that influence the global currency markets.\n\n\n\n#####\\\nby [Tyler Yell, CMT](https://www.dailyfx.com/authors/bio/Tyler_Yell) , *Forex Trading Instructor*\n\nhttps://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2018/07/19/US-Dollar-Dips-on-Trumps-Comment-That-Hes-Not-Happy-with-Hiking-Fed.html",
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}gannamstylepublished a new post: debt-rattle-july-19-2018-by-raul-ilargi-meijer2018/07/19 21:18:06
gannamstylepublished a new post: debt-rattle-july-19-2018-by-raul-ilargi-meijer
2018/07/19 21:18:06
| parent author | |
| parent permlink | news |
| author | gannamstyle |
| permlink | debt-rattle-july-19-2018-by-raul-ilargi-meijer |
| title | Debt Rattle July 19 2018 by Raúl Ilargi Meijer |
| body | [](https://theredlist.com/wiki-2-351-861-414-400-472-view-nabis-profile-vallotton-felix.html)\ Félix Vallotton **The balloon** 1899 | - [Is Goldman Sachs Really a Bank? Really? (Whalen)](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really) | | - [Everyone Is Smart Except Trump (Fischer)](https://spectator.org/everyone-is-smart-except-trump/) | | - [Russiagate Is Like 9/11, Except It's Made Of Pure Narrative (CJ)](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48) | | - [Kudlow: US Expecting Significant Trade Offer From EU Soon (CNBC)](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html) | | - [Mega Tech's Trillions Of Market Value In Eye-Popping Perspective (MW)](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18) | | - [Amazon Now Accounts For 49% Of US Online Retail (ZH)](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail) | | - [EU Commissioner On $5 Billion Fine: Google Has To 'Stop This Behavior' (CNBC)](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html) | | - [How Can We Reverse Brexit When Europe Doesn't Want Us Back? (Münchau)](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back) | | - [Police 'Identify' Skripal Suspects (PA)](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects) | | - [Cali High Court Orders Proposal To Split Up State Removed From Ballot (R.)](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300) | | - [The Cashless Society Is A Con -- And Big Finance Is Behind It (G.)](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms) | | - [The Most Unbelievable Tax Break Ever (F.)](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/) |  No, it's not. - [Is Goldman Sachs Really a Bank? Really? (Whalen)](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really) > *Most of the largest US banks that reported earnings this week saw interest expense rise by mid-double digits even as interest earnings rose by single digits. Goldman Sachs, for example, saw its funding expenses increase 61% year-over-year (YOY) in Q2'18 while interest income rose just 50%. Citigroup (C), on the other hand, being already positioned in the world of institutional funding, saw interest expense rise only 28%. But the Q2'18 earnings seem to confirm a rising trend in funding costs that could see NIM flatten out and decline by 2019. When Solomon's ascension to the top spot was announced at Goldman Sachs, our friend Bill Cohan commented on CNBC that this amounted to a takeover of GS by alumni of Bear, Stearns & Co. God does have a sense of humor.* > > * > > He also reminded Andrew Sorkin et al on Squawk Box that the freewheeling Goldman of old is long gone and that GS is now run and regulated as "a bank." Well, no, not really. Goldman Sachs is basically a broker-dealer with a small bank in tow. When you compare the net interest margin of GS with its peers, for example, the other members of Peer Group 1 defined by the FFIEC reported NIM of 3.28% vs 0.41% for GS in Q1'18. Because the bank unit of GS is so small, the overall NIM for the group is 1/10th of its peers compared with total assets. Goldman makes less than 2% on earning assets vs almost 4% for its asset peers. So to paraphrase the wisdom of Josh Brown, GS does not make money on interest rates, up or down, but rather earns fees from trading and investment banking. GS profits from the spread, both in terms of price and volume. > > * > > *The basic problem confronting David Solomon and his colleagues is that GS really is not a bank. It is regulated like a bank and therefore constrained in terms of business activities, but it does not earn the carry on assets that most banks take for granted when they turn on the lights each morning. Talk of expanding the banking side of the business (aka "Marcus") is fine, but progress in this regard is very slow indeed. Of the $9.4 billion in net revenues reported in Q2'18, just $1 billion represented net interest earnings.* [Read more ...](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really)  My Twitter account risks becoming unreadable because of this. I like diverse points of view, but there's just too much nastiness. People retweeting factoids dozens of times a day. - [Everyone Is Smart Except Trump (Fischer)](https://spectator.org/everyone-is-smart-except-trump/) > *It really is quite simple. Everyone is smart except Donald J. Trump. That's why they all are billionaires and all got elected President. Only Trump does not know what he is doing. Only Trump does not know how to negotiate with Vladimir Putin. Anderson Cooper knows how to stand up to Putin. The whole crowd at MSNBC does. All the journalists do. They could not stand up to Matt Lauer at NBC. They could not stand up to Charlie Rose at CBS. They could not stand up to Mark Halperin at NBC. Nor up to Leon Wieseltier at the New Republic, nor Jann Wenner at Rolling Stone, nor Michael Oreskes at NPR, at the New York Times, or at the Associated Press. But --- oh, wow! --- can they ever stand up to Putin! Only Trump is incapable of negotiating with the Russian tyrant.* > > * > > Remember the four years when Anderson Cooper was President of the United States? And before that --- when the entire Washington Post editorial staff jointly were elected to be President? Remember? Neither do I. The Seedier Media never have negotiated life and death, not corporate life and death, and not human life and death. They think they know how to negotiate, but they do not know how. They go to a college, are told by peers that they are smart, get some good grades, proceed to a graduate degree in journalism, and get hired as analysts. Now they are experts, ready to take on Putin and the Iranian Ayatollahs at age 30. That is not the road to expertise in tough dealing. The alternate road is that, along the way, maybe you get forced into some street fights. > > * > > *Sometimes the other guy wins, and sometimes you beat the intestines out of him. Then you deal with grown-ups as you mature, and you learn that people can be nasty, often after they smile and speak softly. You get cheated a few times, played. And you learn. Maybe you become an attorney litigating multi-million-dollar case matters. Say what you will about attorneys, but those years --- not the years in law school, not the years drafting legal memoranda, but the years of meeting face-to-face and confronting opposing counsel --- those years can teach a great deal. They can teach how to transition from sweet, gentle, diplomatic negotiating to tough negotiating. At some point, with enough tough-nosed experience, you figure out Trump's "The Art of the Deal" yourself.* [Read more ...](https://spectator.org/everyone-is-smart-except-trump/)  Well, it sells. Bigtime. - [Russiagate Is Like 9/11, Except It's Made Of Pure Narrative (CJ)](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48) > *[..] the current administration has actually been far more aggressive against Russia than the previous administration was, and has worked against Russian interests to a far greater extent. If they wanted to, the international alliance of plutocrats and intelligence/defense agencies could just as easily use their near-total control of the narrative to advance the story that Trump is a dangerous Russia hawk who is imperiling the entire world by inflicting insane escalations against a nuclear superpower. They could elicit the exact same panicked emotional response that they are eliciting right now using the exact same media and the exact same factual situation. They wouldn't have to change a single thing except where they place their emphasis in telling the story.* > > *The known facts would all remain exactly as they are; all that would have to change is the narrative. Public support for Russiagate depends on the fact that most people don't recognize how pervasively their day-to-day experience is dominated by narrative. If you are intellectually honest with yourself, you will acknowledge that you think about Russia a lot more now than you did in 2015. Russia hasn't changed any since 2015; all that has changed is the narrative that is being told about it. And yet now the mass media and a huge chunk of rank-and-file America now view it as a major threat and think about it constantly. All they had to do was talk about Russia constantly in a fearful and urgent way, and now US liberals are convinced that Vladimir Putin is an omnipotent world-dominating supervillain who has infiltrated the highest levels of the US government.* [Read more ...](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48)  Juncker to visit Trump next week. - [Kudlow: US Expecting Significant Trade Offer From EU Soon (CNBC)](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html) > *Top White House economic adviser Larry Kudlow said the administration expects a significant trade offer to come from the European Union soon. In an interview at CNBC's Delivering Alpha conference in New York on Wednesday, Kudlow said a lot of discussions are being held with individual countries. EU President Jean-Claude Juncker is coming to Washington next week, Kudlow said. "We will be in discussions," he said. "I am told he's bringing a very important free trade offer." Kudlow added he couldn't confirm that.* > > *President Donald Trump has opened trade discussions on numerous fronts, using tariffs on products like steel and aluminum imports and the threat of tariffs on automobiles to get people to the negotiating table. The tariffs have rankled long-time allies in Europe and elsewhere, and tensions elevated after Trump's visit to the NATO summit last week. That hasn't deterred progress, however. "I am told through sources, including our ambassadors, that [German Chancellor Angela] Merkel has been working on that, shaking up the EU," Kudlow said. "The president has put things on the table. The Europeans are looking at them, okay? And we may be pleasantly surprised."* [Read more ...](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html)  "Value". - [Mega Tech's Trillions Of Market Value In Eye-Popping Perspective (MW)](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18) > *A picture is worth a thousand words but a pie chart may be more eloquent, especially when it comes to sizing up the giants of the tech industry. Michael Batnick, director of research at Ritholtz Wealth Management, on Wednesday tweeted out a chart that underscored how absolutely dominant tech companies have become in a world where size seems to increasingly matter. Batnick, in his tweet, noted that the top five S&P 500 companies --- Apple, Amazon.com, Alphabet Inc., Microsoft and Facebook --- combined are worth $4.095 trillion versus $4.092 trillion for the bottom 282 companies.* > > *As mind-boggling as that may be, Batnick told MarketWatch that this sort of concentration is normal, pointing out that AT&T and General Motors represented 14.5% of the S&P 500 during their heyday in 1965. What is different today, however, is that all the big players are uniformly tech names. "The gains have been extraordinary over the past five years, with Facebook, Apple, Amazon, Microsoft and Google growing from $1.2 trillion to near $4 trillion," wrote Batnick in a recent blog entry.* [](https://3r8md7174doo44lgpk3kou79-wpengine.netdna-ssl.com/wp-content/uploads/2018/07/SAndPMarketCaps.jpg) [Read more ...](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18)  At what point do we call it a monopoly? - [Amazon Now Accounts For 49% Of US Online Retail (ZH)](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail) > *Amazon will account for 49.1% of all online retail sales, up from 43% the year before, if they clear an expected $258 billion in sales this year. The stunning figure provided by research firm eMarketer is tempered by the fact that Amazon's near-majority share of online sales accounts for just 5% of all retail sales. Amazon is set to rake in $258.22 billion in US retail sales in 2018, while annual growth has jumped 29.2% year-over-year, reports Tech Crunch. Fueling Amazon's rise is a robust network of third-party sellers and a rapidly expanding range of goods from groceries to fashion -- made all the more attractive for subscribers of their Prime services.* > > *Now, it is fast approaching a tipping point where more people will be spending money online with Amazon, than with all other retailers --- combined. Amazon's next-closest competitor, eBay, a very, very distant second at 6.6 percent, and Apple in third at 3.9 percent. Walmart, the world's biggest retailer when counting physical stores, has yet to really hit the right note in e-commerce and comes in behind Apple with 3.7 percent of online sales in the US. -TC* [Read more ...](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail)  And more fines coming. But who pays in the end? - [EU Commissioner On $5 Billion Fine: Google Has To 'Stop This Behavior' (CNBC)](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html) > *The EU's commissioner for competition, Margrethe Vestager, said Google has to "stop this behavior" in an interview with CNBC on Wednesday, after a record antitrust fine against the company. "The thing that Google has to do now is of course to stop," Vestager told "Squawk on the Street." "This of course will free up the market to allow mobile manufacturers to use other Android systems." Regulators hit the Alphabet unit with a $5 billion fine for abusing the dominance of its Android mobile operating system -- by far the most popular smartphone OS in the world. The EU says Google pushed device makers to bundle Google apps like the Chrome web browser and Gmail, which harms competition. The European Commission, the EU's executive body, threatened additional fines if Google didn't put an end to illegal conduct within 90 days.* > > *"They have products that we all like and like to use," Vestager said. "The only thing we don't like is when they get to misuse their success and put in place illegal restrictions." Wednesday's fine is the largest ever issued to Google, dwarfing even the $2.7 billion penalty from the EU last year for favoring its shopping service over competitors. The company plans to appeal the ruling, according to a statement. The commission is still investigating a third antitrust case against Google's search advertising service, AdSense. "This is not about Apple, this is not about Android, this is about Google behavior --- a behavior that's illegal for a dominant company because it's locking down competition and disabling innovation and choice that we would all like to enjoy," Vestager said.* [Read more ...](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html)  Good question. But first more mayhem at home. - [How Can We Reverse Brexit When Europe Doesn't Want Us Back? (Münchau)](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back) > *What strikes me most about the Brexit discussions in the UK is not the usual Eurosceptic xenophobia, but the lack of understanding of the EU's position by those who campaign in favour of a Brexit reversal. The leaders of the EU are officially disappointed that Britain is headed for the door; secretly they will be relieved when it goes. In truth, the EU does not really want Brexit to be reversed. Why? Britain has a reputation as an obstreperous "partner" in the institutions, and in the past has sometimes made it harder for Europe to move forward---most notoriously in 2011, when David Cameron used the euro--crisis to try and extract concessions on other things. In the event of a reversal, the Europeans would rightly assume that the ghost of Brexit would never go away.* > > * > > Ukip would be back in the European Parliament, adding strength to the Salvini and Le Pen factions. Brussels, Berlin and Paris could all do without that. Let's imagine---and it's more of a leap than many Remainers acknowledge---that all the legal questions could be swept out of the way. I suppose the EU would ultimately accept a reversal, but without enthusiasm---and with conditions. If a UK prime minister wrote a letter to Donald Tusk, president of the European Council, asking for Brexit to be reversed, he would immediately invoke a special EU summit, in which the other leaders would make at least three demands: the first is an end to the British budget rebate for the next budget period, and perhaps also an end to certain other instances of special treatment, such as on the Charter of Fundamental Rights. > > * > > *Secondly, the EU would insist that the UK could not block decisions they have taken since the UK announced its intention to leave. The third ask would be for a political commitment by the big political parties not to trigger Brexit again after the next elections. Just let that sink in for a minute. And in any second referendum, the Brexiteers could reasonably argue that the UK was not simply remaining, but doing so on much less advantageous terms. Britain, in other words, would inject a whole new wave of political instability and unpleasantness into its own politics, and those of the continent, if---after all the turmoil---it tried to remain. It would become harder, not easier, for Europe to grapple with the really big challenges it faces with the UK back on board.* [Read more ...](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back)  No they haven't. An unnnamed cources alleges the police say it's the Russians. And that is presented as news. Because waiting for proof is so last century. - [Police 'Identify' Skripal Suspects (PA)](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects) > *Police are believed to have identified the suspected perpetrators of the Novichok attack on Russian former spy Sergei Skripal. Officers think several Russians were involved in the attempted murder of the former double agent and daughter Yulia in Salisbury and are looking for more than one suspect. A source with knowledge of the investigation told the Press Association: "Investigators believe they have identified the suspected perpetrators of the Novichok attack through CCTV and have cross-checked this with records of people who entered the country around that time. They (the investigators) are sure they (the suspects) are Russian."* > > *The news comes as an inquest is due to open on Thursday for Dawn Sturgess, 44, who died earlier this month, eight days after apparently coming into contact with Novichok from the same batch used in the attempted murder of the Skripals in March. Her partner Charlie Rowley, 45, was left fighting for his life after also being contaminated by the chemical weapon. It is understood Sturgess was exposed to at least 10 times the amount of nerve agent the Skripals came into contact with. Investigators are working to the theory that the substance was in a discarded perfume bottle found by the couple in a park or somewhere in Salisbury city centre and Sturgess sprayed Novichok straight on to her skin, the source said.* [Read more ...](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects)  Some rich guy's hobby. - [Cali High Court Orders Proposal To Split Up State Removed From Ballot (R.)](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300) > *The California Supreme Court on Wednesday ordered the November ballot purged of an initiative that seeks to split California into three states, citing significant questions raised about the proposal's validity. State election officials certified last month that supporters of the so-called Cal3 measure, also known as Proposition 9, had collected enough signatures to qualify it for the ballot in the country's most populous state. An environmental group, the Planning and Conservation League, challenged the measure in court, arguing it posed a "revision" of the state constitution -- as opposed to an amendment -- that is too sweeping to be legally subjected to the direct consent of the voters.* > > *Siding with opponents for the time being, the court directed state election officials to keep the measure off the upcoming November ballot to allow the justices sufficient time to review and decide the merits of the case. The court left open the possibility of allowing the initiative to be put before voters in the future, saying the "potential harm in permitting the measure to remain on the ballot outweighs" the harm of its delay. The initiative was launched by billionaire Silicon Valley venture capitalist Tim Draper, who has argued that California's size makes it ungovernable. He failed in two previous bids to qualify a six-way split of California for the ballot.* [Read more ...](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300)  Nudging. - [The Cashless Society Is A Con -- And Big Finance Is Behind It (G.)](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms) > *All over the western world banks are shutting down cash machines and branches. They are trying to push you into using their digital payments and digital banking infrastructure. Just like Google wants everyone to access and navigate the broader internet via its privately controlled search portal, so financial institutions want everyone to access and navigate the broader economy through their systems. Another aim is to cut costs in order to boost profits. Branches require staff. Replacing them with standardised self-service apps allows the senior managers of financial institutions to directly control and monitor interactions with customers. Banks, of course, tell us a different story about why they do this.* > > * > > I recently got a letter from my bank telling me that they are shutting down local branches because "customers are turning to digital", and they are thus "responding to changing customer preferences". I am one of the customers they are referring to, but I never asked them to shut down the branches. There is a feedback loop going on here. In closing down their branches, or withdrawing their cash machines, they make it harder for me to use those services. I am much more likely to "choose" a digital option if the banks deliberately make it harder for me to choose a non-digital option. In behavioural economics this is referred to as "nudging". If a powerful institution wants to make people choose a certain thing, the best strategy is to make it difficult to choose the alternative. > > * > > *We can illustrate this with the example of self-checkout tills at supermarkets. The underlying agenda is to replace checkout staff with self-service machines to cut costs. But supermarkets have to convince their customers. They thus initially present self-checkout as a convenient alternative. When some people then use that alternative, the supermarket can cite that as evidence of a change in customer behaviour, which they then use to justify a reduction in checkout employees. This in turn makes it more inconvenient to use the checkout staff, which in turn makes customers more likely to use the machines. They slowly wean you off staff, and "nudge" you towards self-service.* [Read more ...](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms)  Looks like a good story. But is it? - [The Most Unbelievable Tax Break Ever (F.)](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/) > *Success Street in North Charleston, South Carolina, might be the most misnamed place in America, a path through a weedy, desolate neighborhood with 20% unemployment and a 40% poverty rate. Its biggest claim to fame strolls past the gritty brick apartment buildings and tumbledown bungalows on a muggy morning in late June: Timothy Scott, a local product who grew up to become the first black Republican U.S. senator in more than three decades. Joining Scott is another success story: the frenetic, peripatetic tech billionaire Sean Parker, who flew in by private jet from Los Angeles' ritzy Holmby Hills for a personal tour of the senator's hometown.* > > * > > "I remember so many kids with amazing potential who died on the vine," Scott says as he surveys the shuttered Chicora Elementary School, where weeds climb the walls and graying plywood shields shattered windows. "The frustration, irritation and low expectations were so pervasive here that I always wanted to make a difference." He now may get his chance. Today's visit is less a grim walk down memory lane than a legislative victory lap for Scott and Parker. The unlikely pair are core members of an even more unlikely group of conservatives and liberals, capitalists and philanthropists, U.S. lawmakers and small-town mayors who have successfully created one of the greatest tax-avoidance opportunities in American history, in the service of underperforming American cities and neighborhoods. > > * > > *For all the focus on drastic tax-rate cuts, the fate of the state and local tax deduction and the exploding federal deficits, it's the least-known part of last year's tax-cut law that could be the most consequential. Officially called the Investing in Opportunity Act, it promises to pump a massive amount of cash into America's most impoverished communities by offering wealthy investors and corporations a chance to erase their tax obligations. [..] The heart of this new law: Opportunity Zones, or "O-zones," low-income areas designated by each state. Investors will soon be able to plow recently realized capital gains into projects or companies based there, slowly erase the tax obligations on a portion of those gains and, more significantly, have those proceeds grow tax-free. There are almost no limits.* [Read more ...](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/) |
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"title": "Debt Rattle July 19 2018 by Raúl Ilargi Meijer",
"body": "[](https://theredlist.com/wiki-2-351-861-414-400-472-view-nabis-profile-vallotton-felix.html)\\\nFélix Vallotton **The balloon** 1899\n\n| - [Is Goldman Sachs Really a Bank? Really? (Whalen)](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really) |\n| - [Everyone Is Smart Except Trump (Fischer)](https://spectator.org/everyone-is-smart-except-trump/) |\n| - [Russiagate Is Like 9/11, Except It's Made Of Pure Narrative (CJ)](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48) |\n| - [Kudlow: US Expecting Significant Trade Offer From EU Soon (CNBC)](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html) |\n| - [Mega Tech's Trillions Of Market Value In Eye-Popping Perspective (MW)](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18) |\n| - [Amazon Now Accounts For 49% Of US Online Retail (ZH)](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail) |\n| - [EU Commissioner On $5 Billion Fine: Google Has To 'Stop This Behavior' (CNBC)](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html) |\n| - [How Can We Reverse Brexit When Europe Doesn't Want Us Back? (Münchau)](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back) |\n| - [Police 'Identify' Skripal Suspects (PA)](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects) |\n| - [Cali High Court Orders Proposal To Split Up State Removed From Ballot (R.)](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300) |\n| - [The Cashless Society Is A Con -- And Big Finance Is Behind It (G.)](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms) |\n| - [The Most Unbelievable Tax Break Ever (F.)](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/) |\n\n\n\nNo, it's not.\n\n- [Is Goldman Sachs Really a Bank? Really? (Whalen)](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really)\n\n> *Most of the largest US banks that reported earnings this week saw interest expense rise by mid-double digits even as interest earnings rose by single digits. Goldman Sachs, for example, saw its funding expenses increase 61% year-over-year (YOY) in Q2'18 while interest income rose just 50%. Citigroup (C), on the other hand, being already positioned in the world of institutional funding, saw interest expense rise only 28%. But the Q2'18 earnings seem to confirm a rising trend in funding costs that could see NIM flatten out and decline by 2019. When Solomon's ascension to the top spot was announced at Goldman Sachs, our friend Bill Cohan commented on CNBC that this amounted to a takeover of GS by alumni of Bear, Stearns & Co. God does have a sense of humor.*\n>\n> *\n>\n> He also reminded Andrew Sorkin et al on Squawk Box that the freewheeling Goldman of old is long gone and that GS is now run and regulated as \"a bank.\" Well, no, not really. Goldman Sachs is basically a broker-dealer with a small bank in tow. When you compare the net interest margin of GS with its peers, for example, the other members of Peer Group 1 defined by the FFIEC reported NIM of 3.28% vs 0.41% for GS in Q1'18. Because the bank unit of GS is so small, the overall NIM for the group is 1/10th of its peers compared with total assets. Goldman makes less than 2% on earning assets vs almost 4% for its asset peers. So to paraphrase the wisdom of Josh Brown, GS does not make money on interest rates, up or down, but rather earns fees from trading and investment banking. GS profits from the spread, both in terms of price and volume.\n>\n> *\n>\n> *The basic problem confronting David Solomon and his colleagues is that GS really is not a bank. It is regulated like a bank and therefore constrained in terms of business activities, but it does not earn the carry on assets that most banks take for granted when they turn on the lights each morning. Talk of expanding the banking side of the business (aka \"Marcus\") is fine, but progress in this regard is very slow indeed. Of the $9.4 billion in net revenues reported in Q2'18, just $1 billion represented net interest earnings.*\n\n[Read more ...](https://www.theinstitutionalriskanalyst.com/single-post/2018/07/18/Is-Goldman-Sachs-Really-a-Bank-Really)\n\n\n\nMy Twitter account risks becoming unreadable because of this. I like diverse points of view, but there's just too much nastiness. People retweeting factoids dozens of times a day.\n\n- [Everyone Is Smart Except Trump (Fischer)](https://spectator.org/everyone-is-smart-except-trump/)\n\n> *It really is quite simple. Everyone is smart except Donald J. Trump. That's why they all are billionaires and all got elected President. Only Trump does not know what he is doing. Only Trump does not know how to negotiate with Vladimir Putin. Anderson Cooper knows how to stand up to Putin. The whole crowd at MSNBC does. All the journalists do. They could not stand up to Matt Lauer at NBC. They could not stand up to Charlie Rose at CBS. They could not stand up to Mark Halperin at NBC. Nor up to Leon Wieseltier at the New Republic, nor Jann Wenner at Rolling Stone, nor Michael Oreskes at NPR, at the New York Times, or at the Associated Press. But --- oh, wow! --- can they ever stand up to Putin! Only Trump is incapable of negotiating with the Russian tyrant.*\n>\n> *\n>\n> Remember the four years when Anderson Cooper was President of the United States? And before that --- when the entire Washington Post editorial staff jointly were elected to be President? Remember? Neither do I. The Seedier Media never have negotiated life and death, not corporate life and death, and not human life and death. They think they know how to negotiate, but they do not know how. They go to a college, are told by peers that they are smart, get some good grades, proceed to a graduate degree in journalism, and get hired as analysts. Now they are experts, ready to take on Putin and the Iranian Ayatollahs at age 30. That is not the road to expertise in tough dealing. The alternate road is that, along the way, maybe you get forced into some street fights.\n>\n> *\n>\n> *Sometimes the other guy wins, and sometimes you beat the intestines out of him. Then you deal with grown-ups as you mature, and you learn that people can be nasty, often after they smile and speak softly. You get cheated a few times, played. And you learn. Maybe you become an attorney litigating multi-million-dollar case matters. Say what you will about attorneys, but those years --- not the years in law school, not the years drafting legal memoranda, but the years of meeting face-to-face and confronting opposing counsel --- those years can teach a great deal. They can teach how to transition from sweet, gentle, diplomatic negotiating to tough negotiating. At some point, with enough tough-nosed experience, you figure out Trump's \"The Art of the Deal\" yourself.*\n\n[Read more ...](https://spectator.org/everyone-is-smart-except-trump/)\n\n\n\nWell, it sells. Bigtime.\n\n- [Russiagate Is Like 9/11, Except It's Made Of Pure Narrative (CJ)](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48)\n\n> *[..] the current administration has actually been far more aggressive against Russia than the previous administration was, and has worked against Russian interests to a far greater extent. If they wanted to, the international alliance of plutocrats and intelligence/defense agencies could just as easily use their near-total control of the narrative to advance the story that Trump is a dangerous Russia hawk who is imperiling the entire world by inflicting insane escalations against a nuclear superpower. They could elicit the exact same panicked emotional response that they are eliciting right now using the exact same media and the exact same factual situation. They wouldn't have to change a single thing except where they place their emphasis in telling the story.*\n>\n> *The known facts would all remain exactly as they are; all that would have to change is the narrative. Public support for Russiagate depends on the fact that most people don't recognize how pervasively their day-to-day experience is dominated by narrative. If you are intellectually honest with yourself, you will acknowledge that you think about Russia a lot more now than you did in 2015. Russia hasn't changed any since 2015; all that has changed is the narrative that is being told about it. And yet now the mass media and a huge chunk of rank-and-file America now view it as a major threat and think about it constantly. All they had to do was talk about Russia constantly in a fearful and urgent way, and now US liberals are convinced that Vladimir Putin is an omnipotent world-dominating supervillain who has infiltrated the highest levels of the US government.*\n\n[Read more ...](https://medium.com/@caityjohnstone/russiagate-is-like-9-11-except-its-made-of-pure-narrative-ab96fa38ee48)\n\n\n\nJuncker to visit Trump next week.\n\n- [Kudlow: US Expecting Significant Trade Offer From EU Soon (CNBC)](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html)\n\n> *Top White House economic adviser Larry Kudlow said the administration expects a significant trade offer to come from the European Union soon. In an interview at CNBC's Delivering Alpha conference in New York on Wednesday, Kudlow said a lot of discussions are being held with individual countries. EU President Jean-Claude Juncker is coming to Washington next week, Kudlow said. \"We will be in discussions,\" he said. \"I am told he's bringing a very important free trade offer.\" Kudlow added he couldn't confirm that.*\n>\n> *President Donald Trump has opened trade discussions on numerous fronts, using tariffs on products like steel and aluminum imports and the threat of tariffs on automobiles to get people to the negotiating table. The tariffs have rankled long-time allies in Europe and elsewhere, and tensions elevated after Trump's visit to the NATO summit last week. That hasn't deterred progress, however. \"I am told through sources, including our ambassadors, that [German Chancellor Angela] Merkel has been working on that, shaking up the EU,\" Kudlow said. \"The president has put things on the table. The Europeans are looking at them, okay? And we may be pleasantly surprised.\"*\n\n[Read more ...](https://www.cnbc.com/2018/07/18/kudlow-says-expecting-significant-trade-offer-from-eu-soon.html)\n\n\n\n\"Value\".\n\n- [Mega Tech's Trillions Of Market Value In Eye-Popping Perspective (MW)](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18)\n\n> *A picture is worth a thousand words but a pie chart may be more eloquent, especially when it comes to sizing up the giants of the tech industry. Michael Batnick, director of research at Ritholtz Wealth Management, on Wednesday tweeted out a chart that underscored how absolutely dominant tech companies have become in a world where size seems to increasingly matter. Batnick, in his tweet, noted that the top five S&P 500 companies --- Apple, Amazon.com, Alphabet Inc., Microsoft and Facebook --- combined are worth $4.095 trillion versus $4.092 trillion for the bottom 282 companies.*\n>\n> *As mind-boggling as that may be, Batnick told MarketWatch that this sort of concentration is normal, pointing out that AT&T and General Motors represented 14.5% of the S&P 500 during their heyday in 1965. What is different today, however, is that all the big players are uniformly tech names. \"The gains have been extraordinary over the past five years, with Facebook, Apple, Amazon, Microsoft and Google growing from $1.2 trillion to near $4 trillion,\" wrote Batnick in a recent blog entry.*\n\n[](https://3r8md7174doo44lgpk3kou79-wpengine.netdna-ssl.com/wp-content/uploads/2018/07/SAndPMarketCaps.jpg)\n\n[Read more ...](https://www.marketwatch.com/story/this-1-chart-puts-mega-techs-trillions-of-market-value-into-eye-popping-perspective-2018-07-18)\n\n\n\nAt what point do we call it a monopoly?\n\n- [Amazon Now Accounts For 49% Of US Online Retail (ZH)](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail)\n\n> *Amazon will account for 49.1% of all online retail sales, up from 43% the year before, if they clear an expected $258 billion in sales this year. The stunning figure provided by research firm eMarketer is tempered by the fact that Amazon's near-majority share of online sales accounts for just 5% of all retail sales. Amazon is set to rake in $258.22 billion in US retail sales in 2018, while annual growth has jumped 29.2% year-over-year, reports Tech Crunch. Fueling Amazon's rise is a robust network of third-party sellers and a rapidly expanding range of goods from groceries to fashion -- made all the more attractive for subscribers of their Prime services.*\n>\n> *Now, it is fast approaching a tipping point where more people will be spending money online with Amazon, than with all other retailers --- combined. Amazon's next-closest competitor, eBay, a very, very distant second at 6.6 percent, and Apple in third at 3.9 percent. Walmart, the world's biggest retailer when counting physical stores, has yet to really hit the right note in e-commerce and comes in behind Apple with 3.7 percent of online sales in the US. -TC*\n\n[Read more ...](https://www.zerohedge.com/news/2018-07-18/amazon-now-accounts-49-online-retail)\n\n\n\nAnd more fines coming. But who pays in the end?\n\n- [EU Commissioner On $5 Billion Fine: Google Has To 'Stop This Behavior' (CNBC)](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html)\n\n> *The EU's commissioner for competition, Margrethe Vestager, said Google has to \"stop this behavior\" in an interview with CNBC on Wednesday, after a record antitrust fine against the company. \"The thing that Google has to do now is of course to stop,\" Vestager told \"Squawk on the Street.\" \"This of course will free up the market to allow mobile manufacturers to use other Android systems.\" Regulators hit the Alphabet unit with a $5 billion fine for abusing the dominance of its Android mobile operating system -- by far the most popular smartphone OS in the world. The EU says Google pushed device makers to bundle Google apps like the Chrome web browser and Gmail, which harms competition. The European Commission, the EU's executive body, threatened additional fines if Google didn't put an end to illegal conduct within 90 days.*\n>\n> *\"They have products that we all like and like to use,\" Vestager said. \"The only thing we don't like is when they get to misuse their success and put in place illegal restrictions.\" Wednesday's fine is the largest ever issued to Google, dwarfing even the $2.7 billion penalty from the EU last year for favoring its shopping service over competitors. The company plans to appeal the ruling, according to a statement. The commission is still investigating a third antitrust case against Google's search advertising service, AdSense. \"This is not about Apple, this is not about Android, this is about Google behavior --- a behavior that's illegal for a dominant company because it's locking down competition and disabling innovation and choice that we would all like to enjoy,\" Vestager said.*\n\n[Read more ...](https://www.cnbc.com/2018/07/18/eu-commissioner-margrethe-vestager-interview-google-antitrust-fine.html)\n\n\n\nGood question. But first more mayhem at home.\n\n- [How Can We Reverse Brexit When Europe Doesn't Want Us Back? (Münchau)](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back)\n\n> *What strikes me most about the Brexit discussions in the UK is not the usual Eurosceptic xenophobia, but the lack of understanding of the EU's position by those who campaign in favour of a Brexit reversal. The leaders of the EU are officially disappointed that Britain is headed for the door; secretly they will be relieved when it goes. In truth, the EU does not really want Brexit to be reversed. Why? Britain has a reputation as an obstreperous \"partner\" in the institutions, and in the past has sometimes made it harder for Europe to move forward---most notoriously in 2011, when David Cameron used the euro--crisis to try and extract concessions on other things. In the event of a reversal, the Europeans would rightly assume that the ghost of Brexit would never go away.*\n>\n> *\n>\n> Ukip would be back in the European Parliament, adding strength to the Salvini and Le Pen factions. Brussels, Berlin and Paris could all do without that. Let's imagine---and it's more of a leap than many Remainers acknowledge---that all the legal questions could be swept out of the way. I suppose the EU would ultimately accept a reversal, but without enthusiasm---and with conditions. If a UK prime minister wrote a letter to Donald Tusk, president of the European Council, asking for Brexit to be reversed, he would immediately invoke a special EU summit, in which the other leaders would make at least three demands: the first is an end to the British budget rebate for the next budget period, and perhaps also an end to certain other instances of special treatment, such as on the Charter of Fundamental Rights.\n>\n> *\n>\n> *Secondly, the EU would insist that the UK could not block decisions they have taken since the UK announced its intention to leave. The third ask would be for a political commitment by the big political parties not to trigger Brexit again after the next elections. Just let that sink in for a minute. And in any second referendum, the Brexiteers could reasonably argue that the UK was not simply remaining, but doing so on much less advantageous terms. Britain, in other words, would inject a whole new wave of political instability and unpleasantness into its own politics, and those of the continent, if---after all the turmoil---it tried to remain. It would become harder, not easier, for Europe to grapple with the really big challenges it faces with the UK back on board.*\n\n[Read more ...](https://www.prospectmagazine.co.uk/politics/how-can-we-reverse-brexit-when-europe-doesnt-want-us-back)\n\n\n\nNo they haven't. An unnnamed cources alleges the police say it's the Russians. And that is presented as news. Because waiting for proof is so last century.\n\n- [Police 'Identify' Skripal Suspects (PA)](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects)\n\n> *Police are believed to have identified the suspected perpetrators of the Novichok attack on Russian former spy Sergei Skripal. Officers think several Russians were involved in the attempted murder of the former double agent and daughter Yulia in Salisbury and are looking for more than one suspect. A source with knowledge of the investigation told the Press Association: \"Investigators believe they have identified the suspected perpetrators of the Novichok attack through CCTV and have cross-checked this with records of people who entered the country around that time. They (the investigators) are sure they (the suspects) are Russian.\"*\n>\n> *The news comes as an inquest is due to open on Thursday for Dawn Sturgess, 44, who died earlier this month, eight days after apparently coming into contact with Novichok from the same batch used in the attempted murder of the Skripals in March. Her partner Charlie Rowley, 45, was left fighting for his life after also being contaminated by the chemical weapon. It is understood Sturgess was exposed to at least 10 times the amount of nerve agent the Skripals came into contact with. Investigators are working to the theory that the substance was in a discarded perfume bottle found by the couple in a park or somewhere in Salisbury city centre and Sturgess sprayed Novichok straight on to her skin, the source said.*\n\n[Read more ...](https://www.theguardian.com/uk-news/2018/jul/19/police-identify-skripal-novichok-salisbury-poisoning-suspects)\n\n\n\nSome rich guy's hobby.\n\n- [Cali High Court Orders Proposal To Split Up State Removed From Ballot (R.)](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300)\n\n> *The California Supreme Court on Wednesday ordered the November ballot purged of an initiative that seeks to split California into three states, citing significant questions raised about the proposal's validity. State election officials certified last month that supporters of the so-called Cal3 measure, also known as Proposition 9, had collected enough signatures to qualify it for the ballot in the country's most populous state. An environmental group, the Planning and Conservation League, challenged the measure in court, arguing it posed a \"revision\" of the state constitution -- as opposed to an amendment -- that is too sweeping to be legally subjected to the direct consent of the voters.*\n>\n> *Siding with opponents for the time being, the court directed state election officials to keep the measure off the upcoming November ballot to allow the justices sufficient time to review and decide the merits of the case. The court left open the possibility of allowing the initiative to be put before voters in the future, saying the \"potential harm in permitting the measure to remain on the ballot outweighs\" the harm of its delay. The initiative was launched by billionaire Silicon Valley venture capitalist Tim Draper, who has argued that California's size makes it ungovernable. He failed in two previous bids to qualify a six-way split of California for the ballot.*\n\n[Read more ...](https://www.reuters.com/article/us-california-split/california-high-court-orders-proposal-to-split-up-state-removed-from-november-ballot-idUSKBN1K8300)\n\n\n\nNudging.\n\n- [The Cashless Society Is A Con -- And Big Finance Is Behind It (G.)](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms)\n\n> *All over the western world banks are shutting down cash machines and branches. They are trying to push you into using their digital payments and digital banking infrastructure. Just like Google wants everyone to access and navigate the broader internet via its privately controlled search portal, so financial institutions want everyone to access and navigate the broader economy through their systems. Another aim is to cut costs in order to boost profits. Branches require staff. Replacing them with standardised self-service apps allows the senior managers of financial institutions to directly control and monitor interactions with customers. Banks, of course, tell us a different story about why they do this.*\n>\n> *\n>\n> I recently got a letter from my bank telling me that they are shutting down local branches because \"customers are turning to digital\", and they are thus \"responding to changing customer preferences\". I am one of the customers they are referring to, but I never asked them to shut down the branches. There is a feedback loop going on here. In closing down their branches, or withdrawing their cash machines, they make it harder for me to use those services. I am much more likely to \"choose\" a digital option if the banks deliberately make it harder for me to choose a non-digital option. In behavioural economics this is referred to as \"nudging\". If a powerful institution wants to make people choose a certain thing, the best strategy is to make it difficult to choose the alternative.\n>\n> *\n>\n> *We can illustrate this with the example of self-checkout tills at supermarkets. The underlying agenda is to replace checkout staff with self-service machines to cut costs. But supermarkets have to convince their customers. They thus initially present self-checkout as a convenient alternative. When some people then use that alternative, the supermarket can cite that as evidence of a change in customer behaviour, which they then use to justify a reduction in checkout employees. This in turn makes it more inconvenient to use the checkout staff, which in turn makes customers more likely to use the machines. They slowly wean you off staff, and \"nudge\" you towards self-service.*\n\n[Read more ...](https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms)\n\n\n\nLooks like a good story. But is it?\n\n- [The Most Unbelievable Tax Break Ever (F.)](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/)\n\n> *Success Street in North Charleston, South Carolina, might be the most misnamed place in America, a path through a weedy, desolate neighborhood with 20% unemployment and a 40% poverty rate. Its biggest claim to fame strolls past the gritty brick apartment buildings and tumbledown bungalows on a muggy morning in late June: Timothy Scott, a local product who grew up to become the first black Republican U.S. senator in more than three decades. Joining Scott is another success story: the frenetic, peripatetic tech billionaire Sean Parker, who flew in by private jet from Los Angeles' ritzy Holmby Hills for a personal tour of the senator's hometown.*\n>\n> *\n>\n> \"I remember so many kids with amazing potential who died on the vine,\" Scott says as he surveys the shuttered Chicora Elementary School, where weeds climb the walls and graying plywood shields shattered windows. \"The frustration, irritation and low expectations were so pervasive here that I always wanted to make a difference.\" He now may get his chance. Today's visit is less a grim walk down memory lane than a legislative victory lap for Scott and Parker. The unlikely pair are core members of an even more unlikely group of conservatives and liberals, capitalists and philanthropists, U.S. lawmakers and small-town mayors who have successfully created one of the greatest tax-avoidance opportunities in American history, in the service of underperforming American cities and neighborhoods.\n>\n> *\n>\n> *For all the focus on drastic tax-rate cuts, the fate of the state and local tax deduction and the exploding federal deficits, it's the least-known part of last year's tax-cut law that could be the most consequential. Officially called the Investing in Opportunity Act, it promises to pump a massive amount of cash into America's most impoverished communities by offering wealthy investors and corporations a chance to erase their tax obligations. [..] The heart of this new law: Opportunity Zones, or \"O-zones,\" low-income areas designated by each state. Investors will soon be able to plow recently realized capital gains into projects or companies based there, slowly erase the tax obligations on a portion of those gains and, more significantly, have those proceeds grow tax-free. There are almost no limits.*\n\n[Read more ...](https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/)",
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}gannamstyleupvoted (100.00%) @gannamstyle / taper-tantrum-2-0-gold-dollar-and-repo2018/07/19 21:16:54
gannamstyleupvoted (100.00%) @gannamstyle / taper-tantrum-2-0-gold-dollar-and-repo
2018/07/19 21:16:54
| voter | gannamstyle |
| author | gannamstyle |
| permlink | taper-tantrum-2-0-gold-dollar-and-repo |
| weight | 10000 (100.00%) |
| Transaction Info | Block #24322871/Trx 99b3c0ccddad4582585eb9e060e86a6120b9e4b3 |
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2018/07/19 21:16:39
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gannamstyleupvoted (100.00%) @gannamstyle / debt-rattle-july-18-2018-by-raul-ilargi-meijer
2018/07/19 21:16:36
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2018/07/19 05:09:51
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2018/07/18 23:54:51
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moby-dickupvoted (100.00%) @gannamstyle / taper-tantrum-2-0-gold-dollar-and-repo
2018/07/18 21:51:39
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2018/07/18 17:12:06
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2018/07/18 17:02:12
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2018/07/18 17:01:51
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2018/07/18 17:01:36
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}sensationupvoted (100.00%) @gannamstyle / debt-rattle-july-18-2018-by-raul-ilargi-meijer2018/07/18 16:55:09
sensationupvoted (100.00%) @gannamstyle / debt-rattle-july-18-2018-by-raul-ilargi-meijer
2018/07/18 16:55:09
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