LONDON (Reuters) – Gold eased on Wednesday as the dollar climbed to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump’s election to the U.S. presidency.
The metal has shed more than $100 an ounce from last Wednesday’s post-election high on the back of the sharp rise in bond yields and burgeoning appetite for risk.
Most Americans cannot fathom how fundamentally earth-shattering the Donald Trump administrative architecture is to the professional political class.
“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones”
Almost every American understands the existence of a corrupt DC UniPary apparatus because they feel the consequences daily. However, most do not fully understand the cause of that corruption because it has become so deep-rooted and systemic.
There are multiple stories surfacing about the President-Elect Trump transition team rebuking donors and lobbyists from influence – HERE and HERE – but it cannot be overstated just how devastating this concept is to the thousands of professional political affiliates dependent on generational scheme and graft; including corporate media.
For decades the Wall Street legislative priorities have starved the middle class to the benefit of Corporate Wall Street’s own indulgence. The reversal of this process is literally threatening their existence and removing trillions of dollars from their control.
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Incoming Vice-President Mike Pence and wife Karen met with outgoing Vice-President Joe Biden and his wife Jill today in Washington DC at the Naval Observatory, the official residence of the Vice-President.
Unlike President Stompy Feet, Vice-President Biden and his wife posed for pictures with their replacements and had kind words to share with the media:
President-Elect Donald Trump did not start the credibility decline of main stream media, he simply greased the rails to speed up their irrelevance…
(Via Washington Post) The Spanish-language media giant Univision Communications will lay off almost 6 percent of its workforce — between 200 and 250 people — after it slipped into the red last quarter, the company announced Wednesday.
The layoffs, along with a planned restructuring, “are in response to difficult times, challenging times,” Isaac Lee, Univision’s digital, entertainment and news chief, told The Washington Post in his first public comments on the moves. “We need to position ourselves for the future.”
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Following the path of Angela Corey (Sanford/Zimmerman) and Marilyn Mosby (Baltimore/Freddie Gray), a Minnesota activist prosecutor named John Choi has made the decision to charge Officer Jeronimo Janez with 3rd degree manslaughter in the shooting case of Philando Castile, without going to a grand jury (pdf complaint below).
The explanation by Choi is quite astonishing, and reflects a rogue decision to satisfy, yet again, the social justice crowd while wasting taxpayer money:
Minnesota – The use of deadly force by a St. Anthony police officer was determined to be unjustified in the shooting death of Philando Castile. Ramsey County Attorney John Choi made the announcement during a news conference Wednesday morning.
Choi began his announcement by saying that after spending 19 weeks “immersed in the facts and law and thinking about what justice requires in the case,” he said he decided it would be wrong to ask a grand jury to make a decision regarding the case.
He said although he knows some members of the community may not be pleased with such a decision, he said “in order to achieve justice, we must be willing to do the right thing no matter how hard it may seem.”
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A report from Fox News implies President-Elect Donald Trump is considering Texas Senator Ted Cruz for the position of Attorney General. –STORY HERE–
There’s a great deal of political irony in this possibility. Most of you know our research indicated the entire reason Ted Cruz ran for the Senate in 2011 was because he was rebuked by the Bush clan as inexperienced, over-reaching and thinking too highly of himself, when he wanted to be considered for the AG position by George Dubya.
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In the continuing media saga/melt-down over President-Elect Donald Trump’s audacity to eat a meal in a restaurant with his family we find the following quote from former Obama administration spokesperson Tommy “Dude” Vietor:
Former Obama spokesman Tommy Vietor emails:
The White House Correspondents Association has to be ready to respond much more forcefully if Trump continues to ignore long-standing traditions of press access. That’s especially true for the five network bureau chiefs who hold most of the power.
I’d like to see them publicly detail their expectations as well as the potential repercussions if those demands continue to be ignored.
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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †
President-Elect Donald Trump went out to a steakhouse for dinner with his family this evening, and a wounded media completely melt down because they were not invited:
New York – Donald Trump ditched his press entourage to eat dinner with his family in a famous New York steak house – and was met with a standing ovation.
Trump slipped away from the press pack that usually follows him to dine at the exclusive 21 Club, located four blocks from Trump Tower.
It’s the first time he’s left the tower since he returned from Washington, DC on Thursday, and his surprise visit was met with applause from diners at 21 Club (link)
Media meltdown: (more…)