Fed’s Lacker Lacked Moral Integrity; Time to Audit the Fed

Senator Warren must be very pleased to see this good man in ruins today. Jeffrey Lacker is now barreling towards wanton alcoholism and on his way to prison, after revealing he’d done wrong. Today, Richmond’s Fed President, Jeffrey Lacker resigned, admitting that he provided a ‘journalist’ employed at an advisory firm, Medley Global Advisors, with insider information.

Since 2015, Sen. Warren had been trying to get to the bottom of a report that was issued by Medley Global Advisors, titled ‘December Bound.’

In it, the author, Regina Schleiger, said the Fed would be implementing a QE program of $45b per month, also providing the exact employment threshold of 6.5%, which would be used as a barometer of Federal Reserve success.

In her little newsletter, she offered up nice little details regarding the Fed personnel and how they burnt the midnight oil — trying to concoct new ways to ensnare America into their diabolical schemes.

According to a statement issued by Jeffrey Lacker today, he was the leaker of this most sensitive information to Regina Schleiger. His motives remain unclear. What we do know, however, is that the Fed had been trying to derail this investigation for years, obsfucating it by saying Medley knew no more than the Wall Street Journal, when in fact that was a lie.

Following the September 2012 Fed meeting, markets rose after QE3 was announced. Fed’s Lacker provided Medley with the blueprint of the policy to come. The subsequent result was a global rally in stocks and rout in bonds.

SPY returns after Lacker committed a crime

Sept +2.54%
Oct -1.82%
Nov +0.57%
Dec +0.89%

Returns of TLT after Lacker committed a crime

Sept -2.53%
Oct -0.48%
Nov +1.16%
Dec -2.49%

Returns of Gold after Lacker Committed a crime

Sept +4.67%
Oct -2.94%
Nov -0.47%
Dec -2.43%

Returns of the dollar after Lacker committed a crime

Sept -1.7%
Oct -0.14%
Nov +0.14%
Dec -0.50%

So why the sudden burst of honesty from the Fed?

Perhaps they’re trying to avoid an audit? Just a few weeks ago, the House Committee passed a bill to be voted on by the house which would order an audit.

Coincidence? I think not.

I’m sure this sort of bullshit has been happening for decades. These little shits providing people with insider knowledge, in return get invited to speak for elaborate fees.

Now more than ever, I think it’s imperative that we get to the bottom of this cesspool. Time to audit the Fed.

Tucker Carlson tackled the subject of Susan Rice and privacy this evening — drawing a red line in the sand — proclaiming that ‘our laws provided no serious protections from being spied on for political reasons.’

Can anyone make an argument proving this to be a false statement?

All too often, lazy thinkers conclude that it is the right of government to spy on its citizens. Perhaps that is the case in Saudi Arabia or Canada, but it’s not supposed to be that way here. Either the promotional propaganda that lauds America’s democracy as being the ideal for representative forms of government are true or they aren’t. Providing the latter prevails, as it is now, no one will ever believe in the dream that was democracy — thanks to a cadre of corrupt mountebanks who’ve abused the goodwill of the American people and its systems for purposes of self-aggrandizement and a prevailing bias that wantonly eschews the liberty of its citizens — superseded only by a craven and insatiable appetite for power.

Today was the first day The Option Addict joined Exodus for live trading commentary. As a whole, the session was uneventful, as people remain transfixed on the political soap opera that is Trump vs the world.

Both gold and silver outperformed, while mostly everything else sunk lower. There was notable underperformance in auto dealership stocks like $KMX, $AN and $GPI — accentuating a long downward spiral in just about everything retail.

Disappointing auto sales dragged U.S. stocks lower Monday https://t.co/BQwGi81LhJ #WDYM pic.twitter.com/BhlXSfZRmn

— Bloomberg (@business) April 3, 2017

Meanwhile, Fed’s Harker made comments today about another two rate hikes. The juxtaposition of hiking rates against a feeble economic backdrop can only be viewed as deleterious to the American economy. Moreover, such policies begin to take on an air of political activism, especially when considering that 8 long years of Obamanomics and how the Fed never dared to inject such hawkish rhetoric whilst he was in power.

Copper was markedly weaker, off by 1.7%, furthering the notion that the global economy isn’t humming along as robustly as previously thought. The brand new smell of Trumpism has worn off, for now — amidst political hand-wringing.

Democrats intend to misuse the filibuster to stop Gorsuch from being appointed to the Supreme Court and the United States, as a government, takes on the characteristics of a banana republic more and more, with each passing day.

Nevertheless, I feel any notable weakness is reason to buy. If the elections of 2016 didn’t bring down this market, nothing can.

For now, I am still 100% long $WLK.

The White House’s press secretary, Sean Spicer, declined to comment on revelations made today, regarding Susan Rice being the one responsible for ordering the unmasking of Trump and his cohorts during ‘incidental’ surveillance gathering aka spying.

He did point out, however, that the investigation had taken a ‘troubling direction’ and was befuddled, from a media perspective, as to why the press corps wasn’t nearly as interested in the public comments made by Dr. Farkas, as they were chasing Trump-Russian conspiracy theories.

Spicer comments on Susan Rice unmasking scandal. pic.twitter.com/ETBOSvjw74

— The_Real_Fly (@The_Real_Fly) April 3, 2017

The day of the rope fast approaches.

Democrats and Republicans alike on iBankCoin should enjoy this one, irrespective of your political leanings or opinion of Jones. This is straight up alpha. Anyone who dislikes this is a faggot.

We reported last night, via Mike Cernovich, that Obama’s former National Security Advisor, Susan Rice, was responsible for ordering the unmasking of surveillance done that ensnared Donald Trump. If you’d like to explain to me how this isn’t exactly like Watergate, if not worse, I am open for an honest debate.

Fox News reported earlier today that Trump had been surveilled for a year prior to the inauguration. In other words, the dirty Obamaites were spying on Trump from the very beginning of the campaign.

Bear in mind, several weeks ago, in an interview with PBS, Susan Rice said she knew nothing about ‘incidental’ spying on Trump, let alone being responsible for ordering the unmasking of it. It’s also worth noting that Susan Rice has a rich history of blatantly lying to the American people, as was the case when she told America, via Face the Nation, that the attacks that led to the deaths of Americans in Benghazi were the direct result of an anti-Muslim video being posted on Youtube.

Eli Lake from Bloomberg news is now reporting that Susan Rice was, in fact, the person who ordered the unmasking — making it the first main stream media report of many to come out on this scandal.

White House lawyers last month learned that the former national security adviser Susan Rice requested the identities of U.S. persons in raw intelligence reports on dozens of occasions that connect to the Donald Trump transition and campaign, according to U.S. officials familiar with the matter.

The pattern of Rice’s requests was discovered in a National Security Council review of the government’s policy on “unmasking” the identities of individuals in the U.S. who are not targets of electronic eavesdropping, but whose communications are collected incidentally. Normally those names are redacted from summaries of monitored conversations and appear in reports as something like “U.S. Person One.”

The National Security Council’s senior director for intelligence, Ezra Cohen-Watnick, was conducting the review, according to two U.S. officials who spoke with Bloomberg View on the condition of anonymity because they were not authorized to discuss it publicly. In February Cohen-Watnick discovered Rice’s multiple requests to unmask U.S. persons in intelligence reports that related to Trump transition activities. He brought this to the attention of the White House General Counsel’s office, who reviewed more of Rice’s requests and instructed him to end his own research into the unmasking policy.

The intelligence reports were summaries of monitored conversations — primarily between foreign officials discussing the Trump transition, but also in some cases direct contact between members of the Trump team and monitored foreign officials. One U.S. official familiar with the reports said they contained valuable political information on the Trump transition such as whom the Trump team was meeting, the views of Trump associates on foreign policy matters and plans for the incoming administration.

Rice did not respond to an email seeking comment on Monday morning. Her role in requesting the identities of Trump transition officials adds an important element to the dueling investigations surrounding the Trump White House since the president’s inauguration.

So much for the establishment controlled media shills laughing at Trump for suggesting Obama had ordered surveillance on him and his team.

Rep. Schiff on March 22nd, 2017: Trump’s ‘wiretapping’ claims are ‘baseless.’

Pres. Trump's unsubstantiated wiretap claims "remain as baseless today as they were yesterday." – @RepAdamSchiff pic.twitter.com/nyZ56FYWTm

— HawaiiDelilah (@HawaiiDelilah) March 22, 2017

Apologize now.

And then there’s the curious case of ABC getting a scoop on the Flynn story. Susan Rice is married to an exective producer there.

Hi @ABC! Susan Rice is married to your Executive Producer Ian Cameron. Where did you say you got illegal intel leaks about Michael Flynn? https://t.co/jKwZuM36Ii

— Jack Posobiec ?? (@JackPosobiec) April 3, 2017

Bloomberg is reporting that ‘people with knowledge of the matter’ are spreading illegal rumors that PNRA is for sale. This is typical Wall Street bullshit, which doesn’t serve the public’S interest. Either someone is profiting from the press release or a potential acquirer wants this info out to apply pressure on $PNRA.

Panera Bread Co. is exploring strategic options including a possible sale after receiving takeover interest, people with knowledge of the matter said, Bloomberg News reports.

Shares are spiking to new highs, which is having a halo effect on $CMG, which has been outperforming as of late.

Ok, it was a crazy weekend with lots of things sensitive to national security taking place. Let’s get you up to speed.

The fake news main stream media is ignoring the real scandal, which is the unmasking of Trump during ‘incidental’ surveillance by our intelligence agencies. When Chairman Nunes came out and told you that some very troubling surveillance had been taking place against Trump, which was not related to national security, the DNC controlled media tied themselves into little pretzels of rage because it validated what Trump was saying all along — that he’d been ‘wiretapped.’

What happened next is lunacy prevailed inside the democratic party, amplified by the media. Instead of investigating who ordered the unmasking of Trump and who leaked this information, the media wanted to know who told Nunes. You can’t make this stuff up. Ignore the crime, go after the whistleblower.

But now the pieces are beginning to fall into place.

Fox News is reporting that an ‘unprecedented’ amount of spying was being done on Donald Trump — for up to a year before the inauguration. Think about that for a second. None of this, according to Fox’s sources, was related to national security or MUH Russia.

“Electronic surveillance of Trump and supporters for up to a year before inaugurartion. That information was disseminated through NSA channels.”

.@FoxNews from multiple sources: “There was electronic surveillance of Trump, and people close to Trump. This is unprecedented.” @FBI

— Donald J. Trump (@realDonaldTrump) April 3, 2017

Mike Cernovich broke a story last night that the person to authorize the unmasking of Trump was none other than Obama’s National Security Advisor, Susan Rice. More than that, Katie Walsh, former White House’s deputy chief of staff for Reince Priebus, was, in fact, the conduit working between Rice and Maggie Haberman from the NY Times. Last week, the White House became aware of this connection and summarily fired Walsh. According to Cernovich, the treachery doesn’t end there. In fact, Reince Priebus hired Walsh and might be involved in undermining the Trump team as well.

In a recent interview with PBS, Susan Rice said she knew nothing about ‘incidental’ spying being done on Trump and also knew nothing about safekeeping of Russian-Trump intelligence, which was purported by Dr. Farkas.

Now on the conspiratorial end of things, the tweets of some random person imagining what might’ve happened between Russia and the Trump administration garnered the attention of General Flynn, causing him to follow him on Twitter.

His stream of consciousness is posted below. In a nut shell, he said Russia told Trump that Watergate level spying was being done against him by Obama, but the Trump team couldn’t say anything before election because Russia was made toxic by media and democrats.

This all has a feeling of imminence.

I know some of you non reading types have gone through great lengths to learn about geometrical formations and how it might help predict the future for stock prices. Well, explain this now, will you?

The god damned VIX is fixing to bust loose — taking with it any semblance of normalcy you won’t thought you had. North Korea to wipe out California from the map, forever fucking democrats into an electoral jambox? Possibly.

However, following the revelations that some deep pocketed lunatic is idly tossing tens of millions at VIX options contracts, one should be alert of chicanery of the first order.

So pray tell me, Chartfags, what do you see in this here chart?

The Washington Post is out with an article today, attempting to chronicle the exploits of members of the community at 4Chan — with regard to destroying the delicate fabric of Shia LaBeaouf’s mental state and his ‘art project’ known as ‘He Will Not Divide Us.’

We covered this story several weeks ago, much better than Wapo could ever do.

But the interesting part of the Wapo coverage wasn’t how 4chan defeated Shia over and over again. Instead, it was when they embedded the Twitter account of the person who, allegedly, was responsible for capturing his flag.

Observe what happened to the Wapo article after the lad changed his username.

Wapo beat the fuck down, again.