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Joined Oct 24, 2016
1,140 Blog Posts

Sessions To Testify Tuesday Before Senate Intel Panel On Russia ‘Matter’ After Comey Trash Talk

Attorney General Jeff Sessions is set to testify in front of the Senate Intelligence Committee on Tuesday to respond to accusations leveled at him by former FBI Director James Comey – though it is not clear whether or not it will be a public or a private testimony. Sessions had previously agreed to testify Tuesday on the Justice Department’s budget, however after Comey hinted last week that the Attorney General had more contact with Russia than previously disclosed, Tuesday’s testimony will take a different direction, while Sessions will send assistant AG Rod Rosenstein to testify on the budget.

In a letter Saturday, Sessions stated that it was important to address what Comey had said to the panel:

“In light of reports regarding Mr. Comey’s recent testimony before the Senate Select Committee on Intelligence, it is important that I have an opportunity to address these matters in the appropriate forum. The Senate Intelligence Committee is the most appropriate forum for such matters, as it has been conducting an investigation and has access to relevant, classified information.

Therefore, I am pleased to accept the invitation to appear before members of that committee on June 13th.”

Since Comey allegedly perjured himself on the stand last week, the entire Trump legal apparatus has undoubtedly been hard at work planning their next moves. It goes without saying that Jeff Sessions’ decision to drop by on Tuesday is at minimum designed to respond to Comey’s implications – and may include more; up to and including MOAB’s dropped on Comey and the entire Russia investigation. Ready the popcorn…

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Antifa Thugs Attack Lauren Southern And Luke Rudkowski With Fox Urine And ‘REEEEEEE’ Horns At Anti-Sharia March

Independent journalists Lauren Southern and Luke Rudkowski were assaulted with what appear to be urine and chemicals, then blasted with air horns as they navigated around packs of rabid Antifa at an Anti-Sharia march in New York City on Sunday.

Update: It was fox piss

Urine / Chemical Attack

Airhorn attack

A masked man clad in all black clothing began to aggressively harass Southern and Rudowski, who were able to push their way past the ballsy basement-dweller. After moving deeper into the hysterical left’s collective, the journalists were blasted by air-horn wielding members of the ‘tolerant left,’ before police stepped in to separate the groups. 

Full video here:

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Report: Russia To Seize US Property In Moscow If US Doesn’t Hand Back Compounds In Three Weeks

Late last year, President Obama seized two Russian compounds in New York and Maryland, expelled 35 Russian diplomats, and issued economic sanctions in retaliation for still-unproven allegations of Russian hacking during the 2016 presidential election.

Days later, Russia warned of a ‘proportional response‘ to Obama’s ‘paranoia.’

Russian Foreign Ministry Commissioner Konstantin Dolgov said at the time “Any anti-Russian sanctions are futile and counter-productive”  Kremlin spokesman Dmitry Peskov added that Russia has no alternative than to make a proportional response, adding in a call with reporters that Moscow “doubted the effectiveness of the measures as the current U.S. presidential administration was stepping down in three weeks” while Duma Foreign Affairs head Slutsky slammed U.S. sanctions as “signs of real paranoia.” -ZeroHedge

And six months later, Putin’s running out of patience…

Reuters reports that Russia may seize U.S. diplomatic property in Moscow if Washington doesn’t hand back the seized diplomatic compounds before July, according to Russian newspaper Kommersant.

Moscow wanted the compounds back before a possible meeting at the G20 in Germany in July between Russian President Vladimir Putin and Trump.

If that did not happen, the newspaper cited the sources as saying Russia could retaliate by seizing a U.S. diplomatic dacha, or country house, in Serebryany Bor in north-west Moscow and a U.S. diplomatic warehouse in Moscow.

It said that Russian authorities could also complicate life for Moscow’s Anglo-American school by altering its legal status.

Remember – the Russian hacking narrative is based on that Crowdstrike report…

The DNC hacking report used to justify the aforementioned hostilities against Russia was created by the google-funded Crowdstrike – a security firm founded by Russian expat and Clinton Foundation donor Dimitri Alperovitch. Of note, Alperovitch also sits on the very Anti-Russian Atlantic Council – which is funded by the US State Department, NATO, Latvia, Lithuania, and Ukranian Oligarch Victor Pinchuk, who apparently owns the Ukrainian gas company Joe Biden’s son is on the board of.

Notably, CrowdStrike has been discredited – and was forced to retract evidence used in a botched report on Russia hacking Ukranian military equipment.

Given the above, perhaps it’s time to unwind some of Obama’s anti-Russia hostilities?

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Newt: Special Counsel On Russia Should Be Shut Down Based On Comey’s ‘Deliberate Manipulation’

Former Speaker of the House Newt Gingrich had some harsh words for former FBI Director James Comey, and called for the dissolution of the special counsel on the Russia investigation on the grounds that it was based on Comey’s ‘manipulation’ – calling it ‘poisoned fruit.’

The idea that the Federal Bureau of Investigation – [the] top person, man who’s in charge of criminal investigation for the entire federal govt. That he would go outside the system deliberately manipulate the system, and that’s what he’s done.

And I think what that brings into question is whether or not the congress should shut down the independent counsel because it is poisoned fruit.

Gingrich paints Comey as a bitter man out for revenge

The independent counsel, by Comey’s own testimony yesterday, was created because of his manipulation, because of his leak, because of his deliberate intent to force it to happen.

Now since we now know that he’s a very bitter person, and we know how deeply he disliked Trump, doesn’t that sound more like this is not about law and order? This is not about justice? This is not even about investigating potential crimes. This is a bitter man trying to get even by trying to cause as much pain for the President as he can.

Trump Exonerated – even Chris Matthews agrees

…Comey’s testimony ironically completely exonerated President Trump on the Russian question. When you have people who are clearly the President’s opponents come out and say flatly – Chris Matthews – hardly a supporter of Donald Trump, came out yesterday and said ” you know, after this testimony no reasonable person can believe that Donald Trump had anything to do with the Russians.

That’s a pretty big breakthrough in Trump’s favor.

See Below

 

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Trump Teases Comey Tape To MSM – “You’re Going To Be Very Disappointed, Don’t Worry”

During today’s joint press conference with the President of Romania, President Trump was asked several questions about yesterday’s testimony of former FBI Director James Comey in front of the Senate Intelligence Committee. As reported by iBankCoin earlier, Trump was quick to point out that Comey confirmed “No collusion. No obstruction. He’s a leaker.”

A few questions later, Trump hesitantly calls on an MSM “Fake News” reporter, who asks again about Comey. Trump insisted he never asked Comey to “let the Flynn thing go.”

The reporter then presses Trump on the existence of the Comey tapes…

Reporter: “And you seem to be hinting that there are recordings of those conversations.”

Trump:  “I’m not hinting anything.  I’ll tell you about it over a very short period of time….Oh, you’re going to be very disappointed when you hear the answer. Don’t worry.

Translation: The tape exists…

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Americans are suddenly defaulting on their credit cards

Canary watch 2017…

——–

Business Insider | Alex Morrell

The American economy has looked pretty robust of late — unemployment just hit a 16-year low, and stocks recently reached an all-time high.

This makes it all the more curious that Americans have suddenly stopped paying off their credit-card bills at a rapid rate.

In the past two fiscal quarters, banks reported a steep rise in credit-card charge-offs — debt that companies can’t collect from their customers — according to a report from Moody’s.

This chart from the report shows how each bank has fared on charge-offs, with Capital One, First National of Nebraska, and Synchrony showing the worst performance over the period:

moody's credit card charge offs

The sharp increase, the largest since 2009, is especially unusual given how strong the US employment market has been, Moody’s noted. It suggests that American consumers haven’t fallen on hard times so much as banks have started to loosen their standards and issue credit more aggressively.

Card issuers have been much stricter since the financial crisis and the passing of the Card Act in 2009, which added an array of protections for consumers. Getting a credit card got a lot tougher, especially if you had subprime credit.

Charge-offs and unemployment tend to be related: When people lose their jobs, credit cards tend to be one of the first bills people stop paying, as compared with loans for a home or a car in which people risk losing those crucial assets.

So, charge-offs spiking when unemployment claims are low indicates that banks have lowered their standards and are approving people for cards who aren’t as creditworthy.

The ratio of charge-offs to unemployment claims had been hovering near all-time lows, but this chart shows that it’s shot back up to the historical average in the past two quarters — meaning standards may have deteriorated “rapidly,” according to Moody’s.

moody's charge-off to unemployment rate

In the bigger picture, charge-offs still remain at pretty low levels. This chart shows that we’re still well below the historical average rate:

moody's charge-off rate historically low

But if lending standards continue to degrade, things could get messy in a hurry if the economy takes a turn for the worse, according to Warren Kornfeld, a senior vice president at Moody’s.

“Although card standards were extremely tight in the years following the financial crisis, if underwriting then loosened materially, as the rise in charge-offs suggests, asset quality could continue to deteriorate rapidly going forward, especially in the event of a recession,” Kornfeld said in a statement.

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FTSE Mixed While GBP Down 2% On Brexit Delay

UK Prime Minister Theresa May’s gambit to secure more Conservatives in parliament via ‘snap’ election has backfired, and with it the chances of the expedited Brexit she was hoping for.

On the news of May’s drubbing, and the prospect of a worst case ‘hung parliament’ which means there is no majority party – the British Pound (GBP) fell over 2% against the US Dollar, while the UK’s FTSE 100 Index opened strong – up 1% before moderating. The broader FTSE 250 is down, and US futures are up slightly as of right now.

Shorter duration UK bonds have gone crazy – with the yield on the 2 year note down over 28%.

[Of note, the FTSE fell over 8% on June 24th, 2016 – the day after the UK voted for Brexit.]

British Pound (GBP)

FTSE 100

FTSE 250

2 year bond yield

No red tape (for now) = green market?

While Brexit was set to liberate the UK from the shackles of bailing out Greek tax cheats and other EU Ne’er-do-wells, it’s clear that investors weren’t looking forward to the complicated breakup.

Not only have several UK industries begged the government to stay in the EU, there are miles of red tape in just about ‘every sector’ according to the Financial Times.

Almost every sector you can think of. Take for example the chemicals industry that is heavily regulated by Brussels, with a huge EU rule book covering tens of thousands of substances. Since the regulations in effect allow producers to trade in Europe, industry watchers say a tailored British equivalent of the EU rule book will eventually be needed — with a new regulator to oversee it.

However, that is just one sector. In banking, the government will have to decide who rules on capital definitions for UK banks — the Bank of England, the Treasury or parliament. In agriculture, who will be responsible for approval of genetically modified crops or other products? Will the UK abide by all EU pharmaceuticals approvals? Will it maintain the same patent protections for drugs, even if it pushes up costs for the National Health Service.

So while Brexit is clearly good for borders, language, and culture – it appears the market is presently looking forward to the prospect of continued economic integration with the European Union and the stability that accompanies bending over just a little longer.

Sorry UK Conservatives…

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Pound Slammed As UK PM’s Plan Backfires – BREXIT Set To Stall

UK Prime Minister and Conservative party leader Theresa May just fucked up royally. She thought she could capitalize on the wave of nationalism responsible for Brexit – for which the negotiations have been slow going.

In order to expedite the process, May thought she was super cool in April by announcing a “shock” election for today. Her expectation was that MOAR conservatives would snatch up seats in Parliament.

NOPE

Exit polls are showing May’s plan has backfired. Not only is it looking like the conservative party has lost 17 seats, Theresa May is at risk of losing her position as Prime Minister. It’s now looking like the election may result in a “Hung Parliament,” which means – more or less, nothing’s getting done in Parliament for a loooong time. Bad day at Red Rock for Brexit fans.

THE FARAGE

To that end, Nigel Farage – Brexit’s death defying bad boy just said Brexit is at risk, and that the UK faces a second referendum if Jeremy Corbyn pulls off an unlikely election victory.

POUNDED

In reaction to the exit polls, the British pound is getting tentacle raped (full Eichenwald).

There may be an even BIGGER upset is in the cards…

 

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Tucker Talks Tentacle Porn After Kurt Eichenwald Caught Red Handed

Oh boy…

Senior Newsweek writer and MSNBC contributor Kurt Eichenwald was caught red handed Wednesday night after posting a screenshot to Twitter which happened to include several open tabs in his browser…

Users on 4chan noticed the tabs immediately and ENHANCED

And what did that lead to? Why – Japanese tentacle porn (Hentai)!

Kurt’s response

“I was looking up tentacle porn with my kid in order to prove to my wife it exists…”

Ok… however even if true – looking up tentacle porn with your adult offspring is beyond creepy.

Tucker’s on the case…

Tucker Carlson, who presided over Eichenwald’s “self immolation” last december as a guest of Tucker Carlson Tonight, couldn’t resist covering the latest in the saga of Kurt Eichenwald.

“Well of course! Just another afternoon of surfing the internet for hardcore porn with your kids!” -Tucker

VIDEO HERE (sorry for quality, will update):

Reactions have been brutal

 

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Comey Admits To Leaking Memo Through Friend, Rubio Grills

Former FBI Director James Comey admitted in testimony before the Senate Intel Committee that he leaked the infamous “Comey memo” – his version of what was said during a conversation with President Trump.
Comey’s argument for why the ‘leak’ wasn’t illegal is that the memo consisted of his private notes of a classified conversation, vs. an actual government document subject to classification.
The former FBI Director leaked, he says, in order to try and prompt the appointment of the special counsel.
My judgment was, I needed to get that out into the public square, and so I asked a friend of mine to share the content of the memo with a reporter,” Comey told the Senate Intelligence Committee. “[I] didn’t do it myself for a variety of reasons, but I asked him to, because I thought, that might prompt the appointment of the special counselJames Comey
See here:

Marco Rubio asks Comey why the fact that Trump wasn’t under investigation never leaked…

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