Erdogan Begins to Purge Post Failed ‘Coup’ Attempt

Was it a coup, or a staged event to purge his shithole country of the people who oppose his barbarous savagery? Let it sink in for a moment and understand that Erdogan isn’t ‘democratically’ elected. The elections in Turkey are about as fair and equitable as the Democratic primaries here. All we know is this so called coup was revoked inside of hours of occurring. Soldiers were abandoned at key points without support. Crowd control weapons weren’t used to disperse the moronic people who took to the streets to climb atop tanks. The net result is a much stronger Erdogan, who is now calling on Obama to extradite his arch enemy, who happens to be domiciled in Pennsylvania.

Erdogan has ordered the arrest of 2,745 judges in Turkey. He’s already arrested next to 3,000 soldiers. This trend of tyranny will continue, without question.

Erdogan, victorious and with a mouth filled with hate said :

“They will pay a heavy price for this,” he warned, calling for the death penalty to be reintroduced.

“This uprising is a gift from God to us because this will be a reason to cleanse our army,” the president said in response to the bloodiest challenge to his 13-year-rule.

Naturally, the caliphate enablers in the White House are ‘entertaining’ extradition of a Turkish cleric who has lived here, peacefully, for the past 15 years.

In a televised speech, Erdogan said Turkey had never refused any request by the U.S. to extradite “terrorists” and invoked Washington and Ankara’s relationship as “strategic partners” in an effort to force the return of Fethullah Gulen.

U.S. Secretary of State John Kerry said Saturday the Obama administration would entertain an extradition request but Turkey would have to prove wrongdoing by Gulen.

Gulen denied knowledge of the coup to reporters at his Pennsylvania compound Saturday. The cleric said that he knows only a “minute fraction” of his legions of sympathizers in Turkey, so he cannot speak to their “potential involvement” in the takeover attempt.

“You can think about many motivations of people who staged this coup. They could be sympathizers of the opposition party. They could be sympathizers of the nationalist party. It could be anything,” Gulen, who has lived in the U.S. for more than 15 years, said through an interpreter.

Meanwhile, the soldiers on the ground are saying they had no idea they were part of a coup. They were told by their commanders they were partaking in a military drill. This sounds like a power grab by Erdogan to me. There is no way these so called commanders would do such a stupid thing, while attempting to take control of the country.

And there you have it.

Being the father of 3, I’ve seen every kids movie since 1997. I had low expectations going to this one, thinking it’d be an ordinary run of the mill kids film. I was wrong. This is a truly hilarious movie, starring Louis C.K., Kevin Hart and Dana Carvey.

Do you remember Dana on SNL playing the grumpy old man? Yeah, he does that in a dog version here.

For those of you without children, this isn’t just a movie for kids, so feel free to check this movie out. It’s hilarious.

Scores of Turkish soldiers, heavily armed to the teeth in tanks, surrender to lightly armed policeman and idiot civilians. Try to make sense of this. I warn you: you will not be able to do so.

Reports indicate that Ankara is very much still in play. But Istanbul has fallen back into the greasy palms of strongarm Erdogan.

As you can see from the video below, the protectors of democracy, the Turkish military, have morphed into cowardice surrender monkies. Tanks have been toppled over by unarmed morons, punching armed soldiers in the face with their bared knuckles. None of this makes sense, from a logical perspective. Obviously, morale is non-existent upon the military personnel on the ground.

It is widely believed that if Erdogan succeeds in completely defeating this coup, he will purge the country of all dissidents, becoming the strong arm authoritarian theocrat he endeavors to become.

Just to recap.

Erdogan, from an undisclosed location, took to his Facetime to make a plea to his psychotic followers to protest the coup. The army claims to have taken control of the government and have detained some of the leaders. The pro-Erdogan people are still talking shit on CNN and the anchors there seem to be suggesting the coup has been foiled by a popular uprising.

The jury is out on that. Erdogan is an asshole of the first magnitude, a man who has taken Turkey into an Islamist direction. At a minimum, this might foil their attempts to get approval to become part of the EU, or not!

The pro-ISIS government of Erdogan is finished. The Turkish military has had enough of his horseshit. They’re claiming to have taken control over the government, detained the leadership, in order to reinstate human rights and democracy.

The Istanbul Ataturk International Airport is taken over by the military. Flights have been halted.

A statement out of the government suggests something is awry and it doesn’t look good for the Erdogan clan.

“Some people illegally undertook an illegal action outside of the chain of command,” Prime Minister Binali Yildirim said in comments broadcast on NTV, a private television channel. “The government elected by the people remains in charge. This government will only go when the people say so.”

Gunshots and low flying jets have been reported throughout the capital.

UPDATE: Turkey’s military has claimed the coup was successful and they’re in control of the country.

UPDATE: Turkey’s military said they took “control over Turkey to revive human rights & implement the law”

‘Nothing can stop the market now.’ Famous last words of every failed investor dating back to the volcano futures traders of Pompeii.

Predictably, markets traded flat after a horrific attack in France, which is, conveniently, being painted by the media as a ‘lone wolf’ secular attack. It was merely the act of a deranged man and had nothing to do with the religion of peace. The fact that he blurted out ‘Allah Akbar’ just before catching a bullet to the dome was merely a coincidence. I’ve heard media suggest the ‘opulence’ of Nice, his adopted city of residence, was the driving force behind his jealous-raged filled outburst.

Moving on.

For the week, airlines led the way higher, up by 8%, followed by semis, banks and copper. I can see why the airlines are in vogue, with all of the wonderful sites and sounds in the God forsaken continent of Europe.

On the downside was treasuries and gold. We saw a hard reversal in the risk off asset allocation cabal, with bonds getting shunned and suffering a stark repudiation in Germany– and down a bit here as well too. The pound and yen cooperated in kind and WTI is sitting pretty at $46.

The assumption is, naturally, Pokemon Go will spur traffic for the retailers, leading to a mammoth sized rally, one for the ages, in a sector that has been reduced to ash. The overall bullish sentiment has markets sitting in a citadel at new highs, of course and naturally, buttressed by reports that Dr. Benjamin Bernanke is counseling the Empire of Japan to throw money at their anime obsessed virgin population, in order to stoke life into their economy.

Next week the ECB meets and they might just pull a surprise on the market and ease some more. I hope it’s indelibly clear by now that every single upside catalyst for the market is driven in large part by central bank intervention. I’ve been fooled many times into believing this was a sustainable rationale from which investments could be formulated around. Nothing could be further from the truth.

What these policies have wrought is volatility and uncertainty, introducing periods of great panic and elation. The boom-bust cycles have been pervasive and continuous for the better part of the past 20 months. In my opinion, there is just one place that has rebuffed the deleterious actions of these nefarious central banks. And that my friends is The Ark.

Have a great weekend.

Well, well, well, what do we have here? Oh, it seems the pro-remain Theresa May wants to delay leaving the EU, indefinitely, until Scotland is onboard.

The bastard leader of Scotland, Nicola Sturgeon had this to say:

“I was very pleased that Theresa May said that she was absolutely willing to consider any options that the Scottish Government now bring forward to secure Scotland’s relationship with the European Union, and that the process that now takes shape by the UK Government will be open and flexible and that the Scottish Government will be fully involved in that.

Prime Minister May:

“I have been very clear that we have to make sure that Scotland’s interests are protected and I want to examine every option of doing that. I have already said that I won’t be triggering Article 50 until I think that we have a U.K. approach and objectives for negotiations. I think it is important that we establish that before we trigger Article 50.”

Do you know when Scotland will agree to leave the EU?

Wait for it.

.

.

.

NEVER.

Girl power!

This is so absurd, it’s funny.

$NTDOY