MUELLER TRYING TO TURN MANAFORT; TRUMP CHIMPS OUT ON TWITTER

The Mueller investigators are tasked with the job to take down and destroy the President of the United States. There is nothing Trump or his allies can do to stop it, as evidenced by the bipartisan support for this committee — which was originally tasked to investigate Russia. But like any far reaching investigation with unlimited resources, they’re bound to find something. Each and every one of us has something to hide, especially a NYC billionaire who made his fortune in the real estate business.

Reuters is reporting, another leak out of the Mueller investigation, saying Trump’s former campaign manager, Paul Manafort, might cooperate against Trump to prove Russian collusion.

U.S. investigators examining money laundering accusations against President Donald Trump’s former campaign manager Paul Manafort hope to push him to cooperate with their probe into possible collusion between Trump’s campaign and Russia, two sources with direct knowledge of the investigation said.

Special Counsel Robert Mueller’s team is examining Manafort’s financial and real estate records in New York as well as his involvement in Ukrainian politics, the officials said.

Between 2006 and 2013, Manafort bought three New York properties, including one in Trump Tower in Manhattan. He paid for them in full and later took out mortgages against them. A former senior U.S. law enforcement official said that tactic is often used as a means to hide the origin of funds gained illegally. Reuters has no independent evidence that Manafort did this.

The sources also did not say whether Mueller has uncovered any evidence to charge Manafort with money laundering, but they said doing so is seen by investigators as critical in getting his full cooperation in their investigation.

“If Mueller’s team can threaten criminal charges against Manafort, they could use that as leverage to convince him to cooperate,” said one of the sources.

Manafort’s spokesman, Jason Maloni, said, “Paul Manafort is not a cooperating witness. Once again there is no truth to the disinformation put forth by anonymous sources and leakers.”

The subsequent result of the aforementioned leak is a full chimp out by President Trump, which is most likely the stated goal.

A new INTELLIGENCE LEAK from the Amazon Washington Post,this time against A.G. Jeff Sessions.These illegal leaks, like Comey's, must stop!

— Donald J. Trump (@realDonaldTrump) July 22, 2017

The Failing New York Times foiled U.S. attempt to kill the single most wanted terrorist,Al-Baghdadi.Their sick agenda over National Security

— Donald J. Trump (@realDonaldTrump) July 22, 2017

While all agree the U. S. President has the complete power to pardon, why think of that when only crime so far is LEAKS against us.FAKE NEWS

— Donald J. Trump (@realDonaldTrump) July 22, 2017

So many people are asking why isn't the A.G. or Special Council looking at the many Hillary Clinton or Comey crimes. 33,000 e-mails deleted?

— Donald J. Trump (@realDonaldTrump) July 22, 2017

…What about all of the Clinton ties to Russia, including Podesta Company, Uranium deal, Russian Reset, big dollar speeches etc.

— Donald J. Trump (@realDonaldTrump) July 22, 2017

My son Donald openly gave his e-mails to the media & authorities whereas Crooked Hillary Clinton deleted (& acid washed) her 33,000 e-mails!

— Donald J. Trump (@realDonaldTrump) July 22, 2017

The Israel Anti-Boycott Act, sponsored by Sen. Cardin, supported by 45 Senators and 237 congressmen, will criminalize the boycott of goods and services from the state of Israel.

Source: Congress.gov

If American citizens happen to defy this law, if approved, they will be fined a minimum of $250,000, and a maximum of $1 million plus 20 years in prison, designated for persons “engaged in interstate or foreign commerce.”

The bill is said to be purposed to countermand a potential UN resolution that will prevent trade with East Jerusalem, the West Bank, and the Golan Heights. The idea behind the bill would be to prevent any American from joining the fray.

The ACLU takes exception to the bill, saying it’s a direct violation of the First Amendment.

“In short, the bill would punish businesses and individuals solely based on their point of view,” it wrote. “Such a penalty is in direct violation of the First Amendment.”

The bill, rumored to have been written by the American Israel Public Affairs Committee (AIPAC), has garnered widespread bipartisan support. Finally, Congress has found something they could agree on.

Here you can see an AIPAC infographic highlighting this bill as part of their top lobbying priorities for 2017.

Thus far, 45 US Senators and 237 congressmen (63 dems, 174 republitards) support the measure.

The ACLU is actively lobbying opposition to this bill. Thus far, zero lawmakers have sided with them.

Amusingly, the sponsor of this bill, Senator Cardin, doesn’t seem to know anything about the bill, when approached by a reporter at The Intercept.

The Intercept weighs in on the potential penalties that will be imposed on American citizens if passed.

That’s because, as Josh Ruebner expertly detailed when the bill was first unveiled, “the bill seeks to amend two laws — the Export Administration Act of 1979 and the Export-Import Bank Act of 1945,” and “the potential penalties for violating this bill are steep: a minimum $250,000 civil penalty and a maximum criminal penalty of $1 million and 20 years imprisonment, as stipulated in the International Emergency Economic Powers Act.”

Indeed, to see how serious the penalties are, and how clear it is that those penalties are imposed by this bill, one can just compare the bill’s text in Section 8(a), which provides that violators will be “fined in accordance with Section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705),” to the penalty provisions of that law, which state:

That the bill refers to the fine, but not the prison sentence, is not enough to prevent a judge from applying the statute’s prison term, because the bill brings the statute into play, said Faiz Shakir, the ACLU’s political director, who authored the letter to the Senate. “The referral to the statute keeps criminal penalties in play, regardless of what their preference for punishment might be,” said Shakir.

The bill also extends the current prohibition on participating in boycotts sponsored by foreign governments to cover boycotts from international organizations such as the U.N. and the European Union. It also explicitly extends the boycott ban from Israel generally to any parts of Israel, including the settlements. For that reason, Ruebner explains, the bill — by design — would outlaw “campaigns by the Palestine solidarity movement to pressure corporations to cut ties to Israel or even with Israeli settlements.”

Back in March, the State of Israel banned any persons from entering the country who supported the boycott of goods and services from Israel. However, unlike the American version of the bill, the bill does not apply to citizen of Israel or those with permanent residency.

Late Monday the Israeli parliament passed the bill 46 to 28 opposed. The ban will target individuals who publicly call for a boycott of Israel or Israeli goods, including goods made in West Bank or East Jerusalem settlements, which the majority of the international community considers to be illegal under international law. The law will allow exceptions and will not apply to Israeli citizens or those with permanent residency.

“In recent years calls to boycott Israel have been growing,” a statement on the Israeli parliament website said after the bill’s approval. “It seems this is a new front in the war against Israel, which until now the country had not prepared for properly.”

It’s worth mentioning, Sen. Cardin is one of dozens of US lawmakers who hold dual Israeli-American citizenships. Perhaps since we’re all so concerned about foreign meddling into our affairs, we should shed a light on all foreign meddling, not just Russian.

Here are the Senators who support the bill.

Sen. Portman, Rob [R-OH]* 03/23/2017
Sen. Nelson, Bill [D-FL] 03/27/2017
Sen. Rubio, Marco [R-FL] 03/27/2017
Sen. Menendez, Robert [D-NJ] 03/27/2017
Sen. Collins, Susan M. [R-ME] 03/27/2017
Sen. Blumenthal, Richard [D-CT] 03/27/2017
Sen. Graham, Lindsey [R-SC] 03/28/2017
Sen. Young, Todd C. [R-IN] 03/28/2017
Sen. Boozman, John [R-AR] 03/28/2017
Sen. Isakson, Johnny [R-GA] 03/28/2017
Sen. Peters, Gary C. [D-MI] 03/28/2017
Sen. Hatch, Orrin G. [R-UT] 03/30/2017
Sen. Perdue, David [R-GA] 03/30/2017
Sen. Roberts, Pat [R-KS] 03/30/2017
Sen. Wicker, Roger F. [R-MS] 03/30/2017
Sen. Hoeven, John [R-ND] 04/04/2017
Sen. Cornyn, John [R-TX] 04/04/2017
Sen. Fischer, Deb [R-NE] 04/04/2017
Sen. Heller, Dean [R-NV] 04/24/2017
Sen. Moran, Jerry [R-KS] 04/24/2017
Sen. Crapo, Mike [R-ID] 04/24/2017
Sen. Cantwell, Maria [D-WA] 04/24/2017
Sen. Grassley, Chuck [R-IA] 04/25/2017
Sen. Capito, Shelley Moore [R-WV] 04/26/2017
Sen. Schumer, Charles E. [D-NY] 05/01/2017
Sen. Ernst, Joni [R-IA] 05/01/2017
Sen. Hassan, Margaret Wood [D-NH] 05/08/2017
Sen. Gillibrand, Kirsten E. [D-NY] 05/09/2017
Sen. Lankford, James [R-OK] 05/16/2017
Sen. Burr, Richard [R-NC] 05/17/2017
Sen. Donnelly, Joe [D-IN] 05/23/2017
Sen. Scott, Tim [R-SC] 05/25/2017
Sen. Cruz, Ted [R-TX] 06/05/2017
Sen. Manchin, Joe, III [D-WV] 06/05/2017
Sen. Strange, Luther [R-AL] 06/05/2017
Sen. McCaskill, Claire [D-MO] 06/06/2017
Sen. Thune, John [R-SD] 06/12/2017
Sen. Wyden, Ron [D-OR] 06/12/2017
Sen. Sasse, Ben [R-NE] 06/15/2017
Sen. Coons, Christopher A. [D-DE] 06/26/2017
Sen. Bennet, Michael F. [D-CO] 07/12/2017
Sen. Sullivan, Dan [R-AK] 07/12/2017
Sen. Cassidy, Bill [R-LA] 07/18/2017
Sen. Tillis, Thom [R-NC] 07/19/2017
Sen. Cotton, Tom [R-AR] 07/19/2017

New revelations out of obvious Russian spy posing as a ‘Foreign Minister’, Sergey Lavrov, suggests that Trump and Putin might’ve met for an unbelievable 4th time. In an interview with the hard hitting NBC news, Lavrov revealed they might’ve ‘met in the toilet.’

IMPEACH NOW.

Monsters. You’re all monsters in England and should be stopped. When we had the chance, during world war 2, while our army was protecting you from becoming Hitler’s lampshades, we should’ve put an end to the British people once and for all. But because we didn’t, this is what I am writing about.

An innocent 5 year old girl was partaking in the sale of lemonade in the street, a western tradition steeped with both sentiment and dignity, an intro into the entrepreneurial spirit that taught children basic economics for centuries, was fined $200 by an asshole heroic cop for not having the proper permits.

The girl had been selling cups of refreshing beverage with her father for 65 cents, next to their home, which was also adjacent to an ongoing music festival.

One officer switched on a portable camera attached to his uniform and then proceeded to read a lengthy statement essentially telling the young girl she would be fined $195 (£150) because she didn’t have a trading permit.

The girl burst into tears, asking her father again and again, “Have I done a bad thing?”

The pair packed up their jugs of lemonade and walked home, with the young girl sobbing the whole way, according to her dad.

Spicer said that the whole situation left his daughter shaken and afraid.

“I said maybe we can apply for the right permit and do it again at some stage. And she said, ‘That’s a bit scary,’” he told NBC’s News’ British partner ITV News.

“We are very sorry that this has happened,” a spokesperson for the local authorities told NBC News’ British partner ITV News. “We expect our enforcement officers to show common sense, and to use their powers sensibly. This clearly did not happen.

“The fine will be canceled immediately and we have contacted Professor Spicer and his daughter to apologise.”

Sure, now fish and chips are revoking the fine, after public outcry. But it still doesn’t negate the fact that the local police department is filled with reprobates.

Here was the little girl having the time of her life.

Little girl selling lemonade, a right of passage in western society

Wonderful.

I netted another +2% for the week, poleaxing the SPY by 178bps. Last week I merely crushed it by 100bps. I am getting exceedingly efficient at crushing it and will soon consider it an avocation of mine.

Here was my portfolio.

Without giving up the details, out of respect for paying Exodus members, you should know that this week’s portfolio is a bit Charles Mansonesque, in that it’s a bit aggressive, yet filled with invigorating adventure.

There are hedges in place now, long both TLT and GLD. Other than that, I am broadly diverse amidst numerous stocks and sectors. All of my picks are automated, using quant strategies built in Exodus. I am doing this and experimenting live for the world to see, for the sake of peace of mind and for posterity.

When you’re all dead and deprecating in the ground, my algorithms and investment philosophies will live on, here inside Exodus, using my quantitative strategies. For the sake of your families, I suggest that you do the same, especially if you’re on top of your game.

Everything you do in the investment field can be automated. Machine learning is, without a doubt, the future. Intuition, something that I cherished for decades, is wildly overrated. More often than not, it leads to cataclysm.

I offered a full rundown, screens and all, of my strategies inside Exodus today.

I’m not going to be hoodwinked into believing Trump will cause a disruption in the matrix again and stocks will fall as a result. That has been the core bear thesis for a year now, hasn’t it? The theory is, Trump is such a wildcard that even the thought of him in the White House would cause nervous nellies to sell and run for cover. Thus far, that has not occurred.

Multiple news agencies are reporting that the President is exploring ways to fire and shit-can Robert Mueller. Good. I hope he does that, and more. I hope he fires everyone. Nonetheless, they’re just reports, more fake news for the masses, and not actual happenings.

I noted yesterday, markets were getting tired. Today, they are resting.

European indices are getting smashed — down by 1.3% — making our modest -0.3% pullback look minor.

WTI is off by 1.4%, further solidifying my theory that chasing crude stocks is for rusticate cavemen, and not for gentlemen of Wall Street.

I’ll be doing my weekly reshuffling again today — a full portfolio makeover.

Stay tuned.

If God is truly great, Trump will fire Mueller, seize his documents, and have him arrested for colluding with the media and plotting a coup against the President. If chaos is truly set to rain down upon us, like the ash at Pompeii, we will need Trump to start taking militant action against his enemies.

This is the end game now — just 6 months into his Presidency.

You know it’s war, especially since he stopped the CIA project to arm and support ISIS in Syria. I know you cucks will say “they were moderate rebels.” Bullshit. They were ISIS. Now shut the fuck up.

Reports are swirling tonight, after another leak out of Mueller’s stupid investigative committee suggesting they were widening their probe into Trump’s business, the President’s lawyers are now looking to stop him.

Via McClatchy:

With the Russia investigation continuing to widen, Trump’s lawyers are working to corral the probe and question the propriety of the special counsel’s work. They are actively compiling a list of Mueller’s alleged potential conflicts of interest, which they say could serve as a way to stymie his work, according to several of Trump’s legal advisers.

A conflict of interest is one of the possible grounds that can be cited by an attorney general to remove a special counsel from office under Justice Department regulations that set rules for the job.

The president is also irritated by the notion that Mueller’s probe could reach into his and his family’s finances, advisers said.

Trump has been fuming about the probe in recent weeks as he has been informed about the legal questions that he and his family could face. His primary frustration centers on why allegations that his campaign coordinated with Russia should spread into scrutinizing many years of Trump dealmaking. He has told aides he was especially disturbed after learning Mueller would be able to access several years of his tax returns.

When comparing it to the impeachment investigation into President Clinton, one source for McClatchy said it paled in comparison.

“This is Ken Starr times 1,000,” said one lawyer involved in the case, referring to the independent counsel who oversaw an investigation that eventually led to House impeachment proceedings against President Bill Clinton. “Of course, it’s going to go into his finances.”

The article then veered off the reservation and into lunaticville, discussing scenarios where the President would simply pardon himself. This is pure theoretical nonsense and McClatchy knows it.

Currently, the discussions of pardoning authority by Trump’s legal team is purely theoretical, according to two people familiar with the ongoing conversations. But if Trump pardoned himself in the face of the ongoing Mueller investigation, it would set off a legal and political firestorm, first around the question of whether a president can use the constitutional pardon power in that way.

“This is a fiercely debated but unresolved legal question,” said Brian Kalt, a constitutional law expert at Michigan State University who has written extensively on the question.

The power to pardon is granted to the president in Article II, Section 2, of the Constitution, which gives the commander in chief the power to “grant Reprieves and Pardons for Offences against the United States, except in Cases of Impeachment.” That means pardon authority extends to federal criminal prosecution but not to state level or impeachment inquiries.

No president has sought to pardon himself, so no courts have reviewed it. Although Kalt says the weight of the law argues against a president pardoning himself, he says the question is open and predicts such an action would move through the courts all the way to the Supreme Court.

“There is no predicting what would happen,” said Kalt, author of the book, “Constitutional Cliffhangers: A Legal Guide for Presidents and Their Enemies.” It includes chapters on the ongoing debate over whether presidents can be prosecuted while in office and on whether a president can issue a pardon to himself.

Preet Bharara, former U.S. Attorney for the Southern District of New York, and the left’s new hero because he was fired by Trump — is talking greasy on Twitter. You could see why he got fired. He’s an idiot.

If Mueller is fired, how much obscene & horseshit character assassination will Trump & allies level against this honored military vet? 3/X https://t.co/1WKSffFGic

— Preet Bharara (@PreetBharara) July 21, 2017

Trump supporters are fairly uniform in their disdain for Mueller. They’d rather see him executed than continue to investigate ‘russian ties.’ The left and the deep staters, are adamant about it — because they know the fix is in. Mueller is staffed with Clinton lawyers, whose sole focus is to destroy Trump and reimplement their neocon schemes of war by any means necessary.

Tucker Carlson discussed this issue with Krauthammer, who warned that this investigation is heading towards a ‘fishing expedition.’

This might not save Sears, but it’s a symbolic surrender to the deflationary vortex that is Amazon.

In what appears to be a major sign of surrender to the reigning champion of e-commerce, ailing Sears, the one-time king of retail, just agreed to sell Kenmore appliances on Amazon.com. More than that, they also agreed to let Alexa control Kenmore devices, furthering Amazon’s control over home domination.

“I’m shocked. I’m shocked,” said Cooper Smith, director of research at L2, a digital brand consultancy. “Sears is largely conceding defeat to Amazon by distributing their appliances” on the site.

This move by Sears is having an raping effect on the shares of HD, LOW and WHR — sending their share prices down between 4-5% — wiping out upwards of $10 billion in market cap.

Pray tell me, who’s super excited to learn that you can now purchase sub-standard, low quality shit, Kenmore machines via Amazon?

Shares of SHLD roared by 10% on this news, now up 2% for the year.

Mario Gabelli, one of my favorite hedge fund managers, responds.

This caught me by surprise, especially since I was planning on seeing Linkin Park perform soon.

Chester Bennington (41), father of 6, committed suicide today — on the birthday of his late friend and lead singer of Soundgarden. Chris Cornell. What’s even more unbelievable about his suicide is the fact that he hung himself, the same manner by which Cornell took his life.

Bennington performed at Cornell’s funeral on May 26th, 2017, singing ‘Hallelujah.’

He was molested as a child, from 7-13, by an older friend and had suffered through alcohol and drug addiction for much of his adult life.

Rest in peace.

Here’s a recent performance on the Kimmel show.

Here’s are two of his classics.

For youngsters out there, Linkin Park was a dominant band in the early 2000’s.

We’ve had a nice run in the market. However, and I am chagrined to report this, it seems that all of the speculative fervor is now domiciled in the burgeoning crypto souvenir market — where toys are being affixed valuations in the millions — without even the semblance of a business model. They’re pranks, really — idle speculation without regards for financial standards.

Perusing the Bitcoin forums, I can comfortably say that upwards of 75% of the people buying and selling these pranks are financially retarded — without the slightest clue on matters of finance. They proudly bathe in their own ignorance and eschew anyone who disagrees with their plan for world domination.

All that aside, it appears the market has slinked back into a risk off mode. You wouldn’t notice it on the surface — but my financial tools run deep.

Having discovered this, it’s important to note that the utility sector is now overbought — according to Exodus.

There are two ways to view this information.

1. The market is simply digesting recent gains and fixing to move higher next week.
2. We’re entering a slow phase in the season, whereby utilities, bonds and other risk off assets outperform stocks.

Based upon recent history, over the past 12 months, this move in the utilities should halt soon. I’m assuming equities would then retake the mantle and rip higher again.

Tomorrow I will be publishing fresh picks in Exodus, something I do each and every Friday. I undertake a full portfolio overhaul, based solely upon a systematic strategy, using the Exodus AI.