CNN has a long rich history of doing this sort of horseshit. This one is especially hilarious, in that it was so blatant and transparent, it made them look like preposterous morons.
Comments »CNN drops live feed right as Congressman calls Hillary a liar, mentions Wikileaks.
Just a coincidence.@wikileaks #PodestaEmails12 pic.twitter.com/DNhB0FVgvQ
— Paul Joseph Watson (@PrisonPlanet) October 19, 2016
Granted, I am heavily biased against J. Harwood. He reminds me of someone I once punched in the face. His smugness on my financial channel is annoying. He’s heavily biased towards the Hillary campaign and I’d be fine with that, if only he manned up to it and stopped trying to pretend he was a hard news guy.
You’re not fucking fooling anyone, John. And this email to Podesta proves it.
.@JohnJHarwood thinks it's amazing how reporters would burn time asking the next president about her emails #PodestaEmails12 pic.twitter.com/poSJsGYaRW
— The_Real_Fly (@The_Real_Fly) October 19, 2016
I just wasted about an hour of my day, sifting through J. Harwood’s emails to Podesta (lolz) and am disgusted by what I read.
See what you’re making me do John? Quit being such an asshole and do your job without being a fucking shill.
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In spite of the fact that there’s zero evidence to suggest Russia is behind any of the damning Wikileaks revelations, Washington insiders keep blaming them. Today, GOP waterboy took the Hillary Clinton position in demonizing Russia by suggesting ‘foreign governments’ were behind the leaks and he wants nothing to do with them.
Really? So the true story here, according to Marco, is that ‘next time it will be us’, and not the fact that the leaks have laid bare a culture of corruption unseen since the Nixon era.
This is what you call an establishment bitch.
Sure, don’t look at the Wikileaks or even talk about them, no matter what they reveal. The truth is a lie and the preservation of elitist power is the primary concern.
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Like it or not, Wall Street truly doesn’t give a shit about Main Street. When I was managing money, often times I resented the demands out of Main Street, as I was disconnected from the real world — only focused on my next trade.
This narrative plays out on a daily basis in the markets — as investors clamor for Fed policies which do little for the average Joe and much for the extraordinary Joseph. This morning housing numbers came in worse than expected. Futures are rising on this news and commodities are catching a bid. The play here is to hope the economy weakens enough to prevent a Fed hike in December.
Residential starts declined 9 percent to a 1.05 million annualized rate, the lowest since March 2015, a Commerce Department report showed Wednesday in Washington. The median forecast of economists surveyed by Bloomberg called for a rise to 1.18 million. Permits, a proxy for future construction, jumped 6.3 percent to the fastest pace since November.
“New-home construction seems to be in a holding pattern,” Jacob Oubina, senior U.S. economist at RBC Capital Markets LLC in New York, said before the report. “But I don’t think the housing recovery per se is stalling out.”
Work on multi-family homes, such as townhouses and apartment buildings, slid 38 percent to an annual rate of 264,000. Data on these projects, which have led housing starts in recent years, can be volatile. Starts on structures with at least five units were the lowest since June 2013.
Estimates for total housing starts in the Bloomberg survey of economists ranged from 1.1 million to 1.2 million. The previous month was revised to 1.15 million from a 1.14 million pace.
Permits increased to a 1.23 million annualized rate. They were projected to rise to a 1.17 million pace after 1.15 million the prior month, according to the survey.
Single-family house construction rose 8.1 percent to a 783,000 rate, the most since February, from 724,000 the previous month.
Three of four regions posted a decline, led by the Northeast with a 36 percent drop, the report showed. Starts in the West were unchanged.
The velocity of money continues to decline, thanks to Fed policy and a litany of regulations — such as Dodd Frank. We find ourselves in a weird world where growth plods along at 2%, yet so many economists keep publishing reports of an imminent breakout to the upside. It never happens and the risk keeps leaning to the downside, with a very sluggish consumer.
If you’re stock picking, good luck. From a macro perspective, there’s little to like about the growth of this economy and large macro trends for stocks.
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