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Monthly Archives: February 2017

Senator McCain Falls for Absurd Russian Prankster Pretending to be Ukrainian Prime Minister

How fucking stupid are our leaders? Fucking John McCain fell for this ridiculous prank by a group of famous Russian phone-fags. McCain said, to whom he thought was the Prime Minister of the Ukraine, “I cannot predict what this President (Trump) will do.”

Essentially, he’s talking foreign policy with them about wanting harsher sanctions on Russia — while those fuckheads are ringing bells in the background.

“We have pranked McCain, Lindsey Graham and the Republican Majority leader in Congress McConnell in the Congress Mitch McConnell on the issue of anti-Russian sanctions, however, we can not tell the details yet,” Kuznetsov said.

HE IS TALKING ABOUT OUR FOREIGN POLICY REGARDING RUSSIA WITH CLOWNS.

I did not believe this until it was verified by Sputnik.

Jesus Christ.

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Making Coal Country Great Again: Trump Overturns Obama’s Crazy Coal Bill

Under the Obama administration, the American coal industry was completely destroyed. Slews of companies went bankrupt and the idea of ‘clean coal’ technology went out the door with the jobs once enjoyed inside of the dark, cavernous, mines of West Virginia.

“We’re bringing it back, and we’re bringing it back fast.”
– President Donald John Trump

Source: Daily Caller

Both chambers of Congress passed resolutions under the Congressional Review Act (CRA) earlier this year to eliminate the Department of the Interior’s so-called “Stream Protection Rule” on coal mine discharge into nearby streams.

Trump was expected to sign the CRA into law. The president said in a previous statement the $1.2 billion stream rule “duplicates existing protections in the Clean Water Act and is unnecessary given the other Federal and State regulations already in place.”

Trump said he’s “committed to reviving America’s coal mining communities, which have been hurting for too long” — a major campaign promise he made was to rollback federal regulations on coal use.

Lawmakers have introduced at least 37 CRA resolutions to repeal Obama-era rules. As many as 150 regulations are eligible for repeal under the CRA, according to experts.

The Obama administration finalized the stream rule in December 2016. Democrats and environmentalists support the rule because it restricts the amount of mining that can happen in Appalachia.

Republicans argued the stream rule is duplicative and would force more coal mines to close, forcing more miners out of work. Democratic Sens. Joe Manchin of West Virginia and Heidi Heitkamp of North Dakota supported the rule’s repeal.

“Because of the war on coal waged by the Obama administration, over 240 coal fired plants have closed and 83,000 people have lost their jobs,” West Virginia Rep. David McKinley said in a statement. “Fortunately, we finally have a partner in the White House who understands just how damaging these rules can be.”

 

 

Coal stocks to watch: $ARCH, $CNX, $CLD, $WLB

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KING UNICORN TO COME PUBLIC: WILL YOU BUY $SNAP ON THE OPENING TICK?

Snapchat is the only relevant social media platform for my son, who is 20, and his friends. They love the damned thing — and view Twitter as something foreign and retarded. The only issue with $SNAP is the valuation by which is intends to come public.

I find it humorous that the company just flippantly had their valuation reduced by their underwriters from $25b to $20. Hello, that’s a 20% haircut. I guess it’s not a big deal when the company is coming public at 20x sales — representing the highest valuation of any social media stock. I blame the venture capitalists and of course the bastard underwriters. No one will make money on this stock for at least 6 months. But I must ask, will you buy at the opening tick in the hopes of seeing the company grow out of their absurd valuation and/or catch lightening in the bottle by way of momentum squeeze higher.

Source: CNBC

Co-founder and chief executive Evan Spiegel, and chief technology officer Robert Murphy, will hold 88.5 percent of the voting structure after the IPO. This is because they hold Class-C stock, which has voting rights. The Class-A shares going on the market have no voting rights.

“Mr Spiegel and Mr Murphy, and potentially either one of them alone, have the ability to control the outcome of all matters submitted to our stockholders for approval, including the election, removal, and replacement of directors and any merger, consolidation, or sale of all or substantially all of our assets,” the filing said.

Snap’s IPO is being closely watched as it could set the tone for other technology offerings in 2017. Last year saw a dearth of U.S. listings, but experts are predicting that the market could thaw this year.

Snap makes its money through advertising and will need to convince potential investors that its app is not just a fad. In 2016, the company generated revenue of $404.5 million, a sixfold increase on the $58.7 million made in 2015, according to a regulatory filing with the U.S. Securities and Exchange Commission. However, net losses widened to $514.6 million last year, from $372.9 million the year before.

At the end of 2016, Snap had 158 million daily active users, up 48 percent from the same time the year before. But in the fourth quarter of 2016, year-on-year growth of users fell, which Snap put down to increased competition as well as product performance issues stemming from updates to its app.

$SNAP is expected to price on March 1st, 2017.

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Here’s the New Leader of Generation Z’ers: PewDiePie, Redpilling Youngsters on Media Corruption

I didn’t watch this, as I have better things to do. But I got the run down from someone who did and this is, essentially, a follow up to yesterday’s post about the media wrongly painting him as an anti-semite.

Why is he important? He has the largest following on Youtube, with over 53 million subs, filled with an audience of generation Z’ers. We all know how fucked up the millennials are, but there’s hope for the gen z’ers still.

Establishment shills: you’ve lost the present and you’re losing the future too. People see through your bullshit.

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Trump to BBC: “Here’s Another Beauty”

Trump: “Where are you from?”

Cucked Brit: “BBC”

Trump: “Here’s another beauty.”

Cucked Brit: ” It’s a good line, impartial free and fair.”

Trump: “Yeah sure, just like CNN.”

We are living in the best of times.

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Trump on the Media: “The Level of Dishonesty is Out of Control”

Trump held a press conference this afternoon and discussed the agitprop known as our media — formerly state media — currently deep state media in its present form. Amongst other things, he lambasted them for telling forked tongue lies — saying that he’s doing things he promised he’d do during the campaign. I suppose that’s foreign to most Americans — as we’ve been accustomed to hearing one thing and then expecting another.

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BEHOLD THE BIGGEST RECORD BREAKING RALLY IN 25 YEARS AND WHY I’M SUPER BULLISH

The three top indices have hit record highs for 5 consecutive sessions, making it the best record breaking winning streak in 25 years.

Clearly, the market likes the idea of the nominal tax rate going from 35% to 15%.

Don’t you?

It’s evident markets want less regulations, removing the moat and anticompetitive roadblocks that have been designed to preserve monopolies.

Don’t you?

I find it hard to believe that the market would not prefer to have America’s industrial sector reignite, through America first policies and bilateral trade deals.

Don’t you?

American corporations have over $2t in cash hidden overseas, afraid of the tax man. I think we could all agree that having that money come back to the United States is a good thing.

Agreed?

I think the market is elated to see an end to Obamacare and a government who will pass an infrastructure bill which will improve our standard of living, end the malaise of sub 3% GDP growth — and also provide investment opportunities via fiscal stimulus.

Aren’t you?

All of these things, and so much more, are the tenets behind this rally. They’re the reason why I switched from being bearish to 160% long. While many of these changes appear to be radical, they’re actually quite normal. You’ve been living in a country that penalized success, led by a man who told you to ‘eat your peas’ and ‘pay your fair share’, deriding your entrepreneurial efforts for so long, you’ve forgotten what capitalism can do for both the markets and business.

The notion that 1-2% growth is all that we’re capable of and that we should accept this new normal of mediocrity, in order to cede to an anti competitive, corporate fascist, form of government, is a hateful ideology to most aspirational Americans. The spirit of the best innovators, dreamers, and artistic talents the world has ever known will rise again, like Harambe out from the dense jungles of Africa — once the shackles of imperial corporatism are broken.

When it happens, what side of history and the market will you be on?

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Was the Ousting of General Flynn an Elaborate Ruse to Expose Leakers?

It sounds outlandish from a plebeian point of view. But the question should be proffered: was the whole Flynn fiasco a ruse, getting the left and the media going crazy, chasing their tails over a non existent Russian conspiracy, an operation to expose disloyal leakers inside the administration and/or intelligence agencies?

A few things to consider.

Contrary to what the mental midgets on twitter tell you, both Bannon and Trump are brilliant strategists. If you need proof of this, accept the fact that Hillary spent $1.6b to lose to Trump’s twitter account. Ok?

General Flynn has been in intelligence almost his entire professional career. Of course he knew they were monitoring his communications with Russia. That’s a non starter. Taking into consideration that Dr. Steve Pieczenik is blantantly saying it was the plan the whole time to have Flynn gone very early during the Trump administration, coupled with the fact that Rep. Chaffetz is calling for an investigation into the leaks, I think the Machiavellian angle here is worth considering.

This morning Trump tweeted about catching low life leakers, pointing out the NY Times was complicit in the scandal.

The Trump administration had to know they were surrounded by jackals when they planted a flag inside the White House. Trump has been discussing government corruption and dishonest intelligence reports for years. It’s also worth reminding you of his cryptic address to the CIA after he first took office, telling them he’d like to remove the columns inside the buildings, perhaps a reference to the fifth column theory aka shadow government.

You’ll know this theory is true should we start to see heads roll over the coming weeks and months.

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