November 9, 2016
They tore down President Barrack Obama's legacy. Obamacare will be repealed. The Iran nuclear agreement, which was established only by executive order, can be easily ended by executive order. Numerous legacy achievements that Obama thought he could do unilaterally by executive order can now all be undone in a day. (Though I'm sure Trump will give them much more careful thought that that, but such are the possibilities when you ignore the people's house and act on your own.)
For liberals and globalists, for the establishment on Wall Street, the world is a different place at the end of the day than it was at the dawn. Many liberals scoffed derisively at the notion that Trump could win. Democratic talking heads like Alan Colmes brazenly told Trump supporters to call him after the election because Hillary was going to win for certain, and they could eat their words; but Trump destroyed the Democratic establishment, giving the entire GOP a victory that even the GOP didn't believe was coming its way. It wound up being a good thing for them that Trump was on their side.
Establishment Republicans and Democrats alike failed to perceive the rage of the forgotten middle class as certainly as they failed to see the Great Recession coming. This was not a vote for the man. It was a vote for revolution. Many of the swing voters who proved essential to Trump's victory could barely stomach voting for Trump because of his arrogance, his trickle-down tax plan, his often expressed attitudes to women, the fact that he is the one percent and always has been. I'm not saying most Trump supporters had those concerns about Trump. Not at all, but the swing voters who made this victory possible in polls that were tight in much of the country. The one thing they all saw in Trump is that he was their only hope for a candidate who could grab the establishment by the shoulders and shake it up.
It is the people who were concerned that Trump is too much of a loose cannon and to reckless in speech who did have those concerns who came out of the closet and voted for him at the last moment — supporters in the end the even the Trump campaign didn't know about. And it is those voters that I've been saying are the likely hidden voters that pollsters were not seeing — people who were not willing to say to anyone they would vote for Trump because there was so much they disliked about him, but who would vote for him at the end of the day because they are so thoroughly disgusted with the establishment. These sleeper votes turned a questionable win into a strong win.
Whether their hope will be well invested, I don't know. I certainly hope it will. Trump has so far, picked purely establishment people to be his team (Larry Kudlow and Stephen Moore for his tax team, a Goldman Sachs VP as his likely Treasurer, and Pence and his VP), but he hasn't chosen many yet, so I can hope that doesn’t represent the course he will take. Or maybe he has some miraculous ability to work with the establishment in order to change it, rather than throw it out. I don't know.
If you look at a map of all county's, colored by which candidate that county voted for, the Unites States is a sea of red, even greater than Reagan had. If you look at the popular vote, it was a thin victory of only about 1.5%.
I can hope the sea of red that Trump received in support and the knowledge that it was not catering to those establishment leaders and advisors that got him to victory but those millions of Middle Class voters looking to him in hope … I can hope that even humbles the great Trump and crystalizes in his mind that he has been chosen to work for the Middle Class. I think the magnitude of this election could very well do that, and his victory speech showed a man who appeared humbled by the victory — a good thing to see in someone who has spent most of his life telling the world how phenomenally great he is.
Trump also would never have won, except that Hillary was so horrible that numerous Democrats couldn't stand voting for her. She may hold the record for being the candidate most disliked by her own people. Even her campaign managers wrote about her "unlikability factor." She was a hard-fighting opponent, but she had to be because she came with so many liabilities.
Stock market dive is certain
The stock market will nosedive in the morning. Futures in the market show that, so it's not a hard economic prediction to make. There is, in fact, no surprise in that for anyone, as nearly everyone has said it will happen; but will this be the cataclysmic crash I've predicted, or will it be like Brexit where the market plunged in shock for a few days and then found its balance?
The stock market was a rickety scaffolding built up to the clouds anyway. So, it was certain to fall soon, regardless of who won. However, a Trump win assured it will drop immediately because Trump’s victory strikes fear in the hearts of Wall Street that his gracious victory speech is not likely to overcome.
The market had priced itself for a Hillary win, particularly in the past two days after Comey backed out of investigating Hillary a second time. So, now it has to correct itself. The problem is that, if it really corrects itself, it has a lot of correcting to do. I can’t say if it will turn out to be like the the Brexit plunge — a brief release of shock realigning to a new reality — or the crash I’ve been predicting for this year.
My conviction has been that the Federal Reserve and others will just let it fall so they can blame the failure of their false recovery on Trump. I'm not sure they will even have a choice , as the market may gain enough momentum when it starts falling that it cannot stop. The first plunge can contribute business collapses that bring more decline. Global stock markets may fall even harder in fear of what they perceive as isolationism and lack of support for allies like NATO. Whether those perceptions are valid is irrelevant, as the markets rise and fall on perceptions.
I am certain the establishment will not get it. They will blame the market's fall on Trump, saying it is proof that he's an economic disaster, rather than on the fact that this market was ready to fall at any moment. That's why the government and Federal Reserve appeared to be barely able to hold the market up. It flatlined for months, even with a huge increase in government spending and with the Federal Reserve repeatedly holding off on it promised interest increases.
Please go to the The Great Recession Blog to read the entire article.
Source: Strategic Culture
It's All a Russia/Al-Qaeda/WikiLeaks/"Rogue" FBI Plot
November 8, 2016
By Pepe Escobar
Among the House of Cards-infested cliffhangers that defined the "circus is in town" US election (to quote Nobel Prize winner Bob Dylan's Desolation Row), the key question in the lead up towards Election Day was why the FBI finally folded.
FBI Director James Comey, at the 11th hour, ended up delivering another letter to Congress, marveling how his team "has been working around the clock" studying no less than 650,000 emails on the laptop belonging to Anthony Weiner, the sex pervert estranged husband of Hillary Clinton's top aid Huma Abedin.
Comey finally concluded the FBI had not found anything to change its previous verdict regarding Hillary's Subterranean Email Server. "Extreme carelessness", yes; but no criminal wrongdoing.
All this while among the twitter.com/wikileaks.
Podesta emails published by WikiLeaks, an explicit admission can be found in a November 10, 2008 internal review that the Clinton Foundation was breaking the law.
Moreover, The Big Picture had been quite clear all along; the Clinton Foundation as well as the Clinton Global Initiative were both operated as "political organizations" totally focused on boosting "pay to play".
A case could be made that the first Comey letter to Congress was a response to a FBI internal revolt. Agents that were part of the insurgency are not likely to quit the long game – even after the election. They have made sure that the real deal is with the Clinton Foundation, not Hillary's emails.
So leaks are bound to continue. Even before the first Comey letter, FBI insurgents swore "there already is enough to indict". They insisted, "Comey has been trying to stall because he does not want to face the Clinton machine, as well as the rest of Washington D.C". They were sure "foreign powers are in possession of some of the documents we have analyzed, because they were hacked from the Clinton server".
The insurgents, for the sake of clarity, were insisting that the buck stopped with the Clinton Foundation, which sold "influence, intel, favors to anyone willing to pay". Obama was "tied in with the same people who donate to the Clinton Foundation". On that notorious, "secret" Bill Clinton meeting with Attorney General Loretta Lynch – an Obama asset – they maintained that Clinton "wanted Loretta Lynch to focus on the email server and shy away from prosecuting the foundation".
In a nutshell; in the Clinton Foundation dossier there's allegedly enough information to bring the whole US government (USG) down.
And over Hillary, specifically, hangs an incendiary charge; SAPs (Special Access Programs) were found on her server.
The insurgents clarified how a "SAP is an intelligence program classified above top-secret. They are held on closed servers at secret locations. The only way to get one is if you are specifically read on to a program, have a need to know, then you must physically go to a location and pass through several layers of security to even look at the program. SAP is granted on a need to know basis, and Hillary did not have any need to know any of the programs on her server".
All that was still not enough to get an indictment out of the FBI. Well, certainly not before Election Day, considering that if the FBI went ahead it would be facing no less than the full might/wrath of the USG.
A New York source with solid business/financial connections among the Masters of the Universe came up with a quite cryptic answer when I posed him some of the questions raised above:
"I would not say the FBI revolt took place. Comey was ordered to do what he did before and he was ordered to do what he did after. The orders were just reversed and it is as a marionette with a ventriloquist. No one steps out of bounds".
But he also said, less than 24 hours before Election Day: "We think Trump will win and they are making everyone think that this is democracy in action". For emphasis, the source referred to the quite serious USC Dornsife /LA Times poll, which had Trump ahead by 5 points on the popular vote.
Here is a defense of the poll by one of his authors.
The Russians are hacking
As the FBI turnaround managed at best to enrage both campaigns, nothing was left to chance by the Deep State. What can be arguably construed as two major US terror proxies - "al-Qaeda" (which one? "Historic" al-Qaeda in Afghanistan? AQAP? AQIM? "Moderate" al-Nusra in Syria?) as well as ISIS/ISIL/Daesh – in conjunction with dodgy jihadist tracker SITE, went on full-time PsyWar mode with the intent of creating false flag pretexts.
US intel duly warned of "possible al-Qaeda attacks" on the eve of Election Day. Right on cue, Rita Katz, the head and 2001 co-founder of SITE, said these jihadi incitements were "an attempt to disrupt the election process and gain media attention".
There's no evidence these threats are real. SITE after all never shies away from practicing disinformation. Katz in the past has briefed the White House, as well as Justice, Treasury and Homeland Security on terrorist financing and recruitment networks. A senior adviser to SITE is Bruce Hoffman, a former holder of the RAND Corporate Chair in Counterterrorism and Counterinsurgency.
Couple the "al-Qaeda threat" with turbo-charged demonization of Russia – and we have the perfect excuse scenario in case anything happens not according to script (and the script rules Hillary Clinton as POTUS).
Team Obama duly spun that Russia not only was bent on mightily acting/hacking on Election Day, but would propel the disruption all across the West well into 2018. And Tom Graham, managing director of Kissinger Associates in New York and former adviser to George "Dubya" Bush on Russia, doubled down, insisting that more emails "may" be dumped (by insidious WikiLeaks) after Election Day.
This should all lead to a Hollywood ending though. May the "free world" be reassured; the noxious axis of Putin-Assange-al-Zawahiri-rogue FBI agents will be dismantled – to the glory of the Queen of the Perma-Smirk soon to be crowned Warmonger-in-Chief.