Tulsi Gabbard - The next President of the USA

Cool - I have not run into many who share my Gabbard for President sentiment. I think she would work in the interests of the people - rather than putting the interests of the Establishment ahead of the interests of the people.

For this reason however, the Establishment headwind is going to be fierce ... never mind - its already fierce.

Yeah .. and if you want an example of meddling in our electoral process ... No need to look any further than Hillary/DNC.

 

Never forget what the the DP/HRC did to Bernie Sanders and Jill Stein.

"I am currently trending on both Twitter and Facebook. Why? Because Americans want more than warmongers and fools," Stein tweeted. "Despite Hillary's penchant for flip-flopping rhetoric, she's spent decades serving the causes of the Wall Street, war, & Walmart economy." AP, Who's Jill Stein? Googlers are asking, and the answer is: Clinton's new problem, Alexander Panetta, 7/13/16.
http://www.ctvnews.ca/world/who-s-j...the-answer-is-clinton-s-new-problem-1.2985936

The DP is sick and can't get up, but the RP is trying as hard as it can to help it out.

 

That's a good one .. as that is exactly what Hillary did.

Hillary and the DNC were not the only Establishment scum buckets going after Bernie.

https://alethonews.com/2018/04/23/msnbc-where-journalism-goes-to-die/

 

"1/2 the nation"?

Trump was elected by 27% (of the Eligible Electorate).

That is more like 1/4 of the nation.

"1/2 the nation"?

 

MSNBC is just a twig of the DNC/CIA.

“Most embarrassing of all was what MSNBC did. You just have to watch this report from its “intelligence and national security correspondent” Ken Dilanian to believe it. Like CBS, Dilanian also claimed that he independently “confirmed” the false CNN report from “two sources with direct knowledge of this.” Dilanian, whose career in the U.S. media continues to flourish the more he is exposed as someone who faithfully parrots what the CIA tells him to say (since that is one of the most coveted and valued attributes in US journalism), spent three minutes mixing evidence-free CIA claims as fact with totally false assertions about what his multiple “sources with direct knowledge” told him about all this. Please watch this – again, not just the content but the tenor and tone of how they “report” – as it is Baghdad-Bob-level embarrassing:”

THE INTERCEPT, The U.S. Media Yesterday Suffered its Most Humiliating Debacle in Ages: Now Refuses All Transparency Over What Happened, Glenn Greenwald, December 9 2017.
https://theintercept.com/2017/12/09...-refuses-all-transparency-over-what-happened/

 

For sure - this is the rule rather than the exception. Notice the youtube link no longer works = censorship. The social media platforms have also become a propaganda arm of the state.

It is not that MSNBC (and others) are a twig of the DNC/CIA. They are a propaganda arm of the Establishment ( which includes Red and Blue Political Elite, Bureaucratic elite - such as the heads of the CIA and intelligence community in general, and the big money interests).

They are going to support the Establishment narrative and various "necessary illusions - such as the idea that our intelligence agencies are only there to protect us and not harm us and that they are credible" - regardless of whether or not it is true or false.

The social media companies did not wake up in the morning and decide to incur hundreds of millions in costs to censor social media. They did this because Establishment spooks showed up and threatened them with all kings of Trumped up charges and other nasty things.

Just look at Wikileaks - It is now illegal to publish certain information if you are Wiki - an online media outlet of sorts, but it is not illegal for the NY-Times to publish the same information ???? This is abject hypocrisy in law - it is Kangarooland. Also - if they can do this to Wiki - is this not the first step towards criminalizing this for the NY-Times ?

I was listening to Cohen on Sirius's POTUS channel. A caller brought this up. Cohen agreed that this was hypocrisy but then went on to say that he didn't buy this argument ? The problem was that he had no valid rational. All he did was make some silly "we need to protect our interests" statement - essentially avoiding addressing the hypocrisy and its consequences.

It is also "do as we say - not as we do". We want other nations to extradite Assange .. yet if it was another country requesting extradition of the CEO of the NY-Times for publishing something offensive to that Gov't - we would never agree.

How is this not a threat to every journalist on the planet - such that they could not leave the country on the basis of being associated with a media outlet that did something "offensive" to another nation.

 

Isn't professional liar part of the job description for spies?

“It's why liberal thinkers have traditionally abhorred secret courts, secret surveillance and secret evidence, and in the past would have reflexively discouraged the news media from printing the unverified or unverifiable charges emanating from such secret sources. But because it's Donald Trump, no one seems to care.

We should care. The uncertainty has led to widespread public terror, mass media hysteria and excess, and possibly even panic in the White House itself, where, who knows, Trump may even have risked military confrontation with Russia in an effort to shake the collusion accusations. All of this is exacerbated by the constant stream of leaks and hints at mother lodes of evidence that are just around the corner. It's quite literally driving the country crazy.

The public deserves to know what's going on. It deserved to know before the election, it deserved to know before the inauguration, and it deserves to know now.”
THE ROLLING STONE, How Did Russiagate Start?, By Matt Taibbi, 5/19/17.
http://www.rollingstone.com/politics/features/taibbi-how-did-russiagate-start-w482262

 

The toxicity of these people, makes trump, with all of his personality flaws and warts, pure, wholesome, mother's milk.

 

Unlike his opponents Trump has always been shrewd and effective.
Which is why Trump is the POTUS and they are not.

 

Clapper lied to congress (felony 1) about en-mass spying on US citizens (felony 2). This does not make everything that comes out his mouth untrue but - highly suspect.

 

So? what does that mean that she is not qualified to be president. Do you understand that many times congress votes even more money for the military than what they asked for. they do it for pork barrel projects in their home districts. In the 90s they wanted to make defense spending for efficient, they told the military to investigate what they could do to save money without losing effectiveness, they cut over 10% from non military payroll expenses. However their recommendations went unheeded as base closings and program cancellations
had a detrimental effect on constituents. Congress does not even let them cancel programs long after the military don't think will work

 

Even though she is the only Democrat worth considering, I didn't think that she had a chance.

But...

Now that the greatest kingmaker in the world is involved, she's got it in the bag.

https://www.nbcnews.com/politics/20...20-democratic-candidate-tulsi-gabbard-n964261

 

Unbelievable the crap coming out of NBC - Well - I take that back - this kind of Propaganda is so common it no longer surprises me.

 

Wall street still has a lot more money to make in the middle east, the nerve of her riling up those patriotic Dems who know how to bring peace to the near east. 3,000 years of tribal strife will be over with just some policy statement and a few more billion.

Rand Paul was on C-span today, we have spent 6 trillion dollars since 9-11 and they hate us more now than they did then. Unbelievable. When I was in High school progressive dems were getting "clean for Gene" and trying to keep America out of war and accused the republicans for feeding the military industrial complex, How things change.

 

The new Russia candidate - Tulsi Gabbard. Yet another Fake News smear campaign to rig another DP nomination.

NBC News = MSM = Fake News

 

Can't have a left-centrist leading the dems, have to have somebody that wants to tax people at 70% to drive them overseas. And have a few more wars to make millions for wall street.

 

The DP is always the party of "Wall Street, war, & Walmart economy".

"Despite Hillary's penchant for flip-flopping rhetoric, she's spent decades serving the causes of the Wall Street, war, & Walmart economy." AP, Who's Jill Stein? Googlers are asking, and the answer is: Clinton's new problem, Alexander Panetta, 7/13/16.
http://www.ctvnews.ca/world/who-s-j...the-answer-is-clinton-s-new-problem-1.2985936

 

It is a "Pay to Play" system. If you play (along with the Establishment international financiers and Oligarchs) you get paid .. and everyone knows it.

It is not for nothing that Hillary gets paid 250K a pop for saying a few words at a Wall Street Banker Luncheon. What What - did you think it was for her good looks and charming personality ? - Of course not It is for a job well done. If you play - you get paid . and everyone knows it.

Obama bailed the international financiers out big time after the 2008 crash. The tax payers are not on the hook for Trillions - with a capital (T).

This was the largest ponzi scheme in history yet no one got a minute of jail time. The punishment for the companies involved amounted to small fines - a petty slap on the wrist. The bureaucrats involved barely received any criticism.

The "Fed Heads" walking around after the fact claiming "We didn't know" as accepted as legitimate. No one even lost their job for "Not knowing what they are paid to know".

Us "simpletons" are supposed to believe that the supposedly most intelligent people in the land - with respect to these kinds of things - "didn't know". - what everyone else in the industry knew.

When I say "everyone else" I mean literally everyone right down the regular mortgage broker.

So imagine this. You are a mortgage broker and have been working in the industry for decades. You spend your days trying to get clients financing for homes. This is difficult as the Banks do not just give money to anyone. You need a down payment, a good credit rating, proof of a Job with the means to pay ... and so on. The Banks want to ensure that the borrower has the ability to pay back the loan - otherwise the Bank is on the hook.

Then one day- something changes. No longer is the borrower required to have any of the above. In fact the worse the credit - the better as the fee the broker gets is higher. It is a free for all. What happened ? The Banks no longer care if the borrower has the ability to pay because they are reselling the mortgage into a mortgaged backed security (MBS) before the ink on the paper is even dry.

The broker wants to make as much money as possible (human nature) so he/she sells "adjustable rate mortgages". This is when the rate is low for the first 3 years but then rises to double or triple after that time period.

Imagine some person - who is actually trying to make the payments - it is a struggle but they are doing it. They are "house poor". Their payment is $1000/month. Then one day - first month after year 3 ... they find out that their payment is now $3000 !!!

Well - it does not take a mathematician to figure out that a large percentage of these mortgages are going to default. It is like a ticking time bomb. What is interesting is that in this case you know when the bomb is going to go off.

If you are a savvy investor - and you know when something is going to happen - you can make huge amounts of money.

So here is the situation. You have an MBS - you know the time bomb is going to go off roughly 3.5-4.5 years after the date those mortgages were originated .. how do you make money ?

You buy "Insurance" on that MBS. This what AIG was selling .. known as the Credit Default Swap (CDS). This insurance was going for a penny on the dollar. For 1000 dollars you could insure 100,000. The beauty of these instruments is that you did not have to own the underlying security. It is like buying insurance on a house but you don't have to own the house.

If the MBS defaults - you get paid ! This is exactly what Paulsen did (earning something like 3.7 Billion). https://www.theguardian.com/business/2008/apr/19/subprimecrisis.useconomy

Here is the Rub. Paulsen was part of the team that picked the mortgage securities that went into the fund (known as a collateralized debt obligation - CDO) and he picked the worst garbage he could find. He picked the most toxic stuff he could find with the intention of betting against it .. betting that it would default.

Short story long - "Everyone Knew" that the ponzi scheme would eventually do what all ponzi schemes do. Everyone knew the rating agencies were giving these toxic garbage debt instruments Triple AAA ratings. Right down to the mortgage brokers on the street.

Its like throwing a large handful of stones in the air - from a balcony above a crowd of people - and being "surprised" that someone was hit with a stone and injured - telling the Judge "I didn't know that this specific person would be hit" as if this constitutes an excuse.

 

The Law is for the little people and the occasional anti-establishment rebel.

“Under [James Arthur] Johnson, Fannie Mae led the way in encouraging loose lending practices among the Banks whose loans the company bought. A Pied Piper of the financial sector, Johnson led both the private and public sectors down a path that led directly to the credit crisis of 2008. It took more than a decade to assemble the machinery needed to create the housing mania. But it took only a year or two for the juggernaut to collapse in the heap, destroying millions of jobs and retirement accounts, and devastating borrowers. After years of crisis coverage in the media, multiple government investigations, and numerous books on the topic, Johnson's role in the mortgage maelstrom has escaped scrutiny. Remarkably, his reputation as a mover and shaker in both business and government remains largely intact, even after the September 2008 taxpayer takeover of an insolvent Fannie Mae, at a cost of hundreds of billions of dollars. ”RECKLESS ENDANGERMENT, by Gretchen Morgenson and Joshua Rosner, Times Books 2011, p. 10-11.

Never look behind the curtain.

 

Freddie and Fannie were definitely a part of the problem.

That said

http://www.sjsu.edu/faculty/watkins/subprime.htm

I have some problems with this article (with respect to apportioning blame and getting into the details of why that blame should be apportioned - essentially the "sin of omission" but, the "Primary Abuse" commentary is instructive.

There is a chart in the article which gives losses for Freddie/Fannie at roughly 11 billion for 2007 (they did not have stats for 2008 which would have been worse). They also list the assets of these two at 1.5 Trillion.

OK .. now given the drop in housing prices prior to and subsequent to 2008 the losses to the financial balance sheet (decrease in value of assets under management) would be huge (on paper). The housing market did eventually rebound as we know.

There are measures that could have been taken to deal with this (and these were taken in fact) to stop the complete collapse. Perhaps as as much as 200 Billion would have been required.

This however was not the crux of the problem. The problem was all the counter party risk - not just in relation to Freddie and Fannie but in relation to all the other colatoralized debt obligations and the CDS- instruments on these obligations. I detailed out the leverage on the CDS - 1000 bought 100,000 in insurance without underlying asset to back it (remember that in the case of a mortgage defaulting you still own the house) .

What you had in relation to these securities was leverage on leverage. Leveraged money buying leveraged securities that had been sold around the world. You had banks using leveraged money (meaning they could invest many more times than what they had in deposits) to buy leveraged securities.

At the end of the day - we racked up roughly 6 Trillion in 4 years as a function of this ponzi scheme. In addition the Fed has accumulated 4 Trillion on its balance sheet (via quantitative easing) as a function of this mess.

 

Regulations are products crafted by donors and their lobbyists to benefit the political class and the donors that enrich it. No one ever mentions the role of the Mark tp Market rule and the elimination of the Double Short Ban. As I recall Bear Stearns was valued at $1.2 Trillion the week before it was acquired for $100 Million (upped tp $250 Million within 24 hours for some mysterious reason). How can real estate ever be marked to zero absent some kind of chicanery?

Where were the special prosecutors and grand juries when they were really needed?

 

I am pretty sure that it was the Rothschild consortium that ended up being enriched by that transaction - the one's who likely orchestrated - or were part of orchestrating - this whole ponzi scheme to begin with.

 

I saw Tulsi on Morning Joe this morning. They just could not wrap their heads around Assad not being a threat to the US.

 

It's unbelievable, how out of touch they are. If we topple Assad, ISIS/Al Qaeda will take over and it will be even more havoc than now.

It will literally be a second Libya, but they don't care, no matter what war, they will always push it because they are government propagandists.

 

Every morning I watch that show and it makes me feel like I'm a genius.