News Dumb 6/24

[iwannabeacowboy]

Beijing Demands Explanation After FedEx Misses Delivery Of Another Huawei Package


https://www.zerohedge.com/news/2019-06-24/beijing-demands-explanation-after-fedex-misses-delivery-another-huawei-package

From 5/28

Huawei Accuses FedEx Of "Diverting" Its Packages, Doing Trump's "Dirty Work"

https://www.zerohedge.com/news/2019-05-28/huawei-accuses-fedex-diverting-its-packages-doing-trumps-dirty-work

US considers 5G equipment to be made outside China: report

https://www.foxbusiness.com/markets/us-considers-5g-equipment-to-be-made-outside-china-report

Lloyds Banking Group has refused to reveal how much money is in the Jersey accounts which it has frozen amid heightened fears about financial crime.

https://www.bbc.com/news/business-48744104

https://twitter.com/sotiridi/status/1143153035956367361

https://twitter.com/tvbossy/status/1143153559870951430

Trump: 'I Have Doves and Hawks', If it Was Up to John Bolton We Would 'Take On the Whole World at One Time'

During his interview with Chuck Todd on Meet the Press on Sunday, President Donald Trump said that if it was up to his national security adviser John Bolton, we would be taking on the "whole world at one time."

Bolton has been under intense scrutiny from the 'America First' populist side of President Trump's base who do not want to see the US get dragged into another war.

WATCH: President Trump tells Chuck Todd that he has doves and hawks in his cabinet. #MTP #IfItsSunday

Trump: "I have some hawks. John Bolton is absolutely a hawk. If it was up to him he'd take on the whole world at one time." pic.twitter.com/JKVB2IvMVU

— Meet the Press (@MeetThePress) June 23, 2019

When asked by Todd if he was "being pushed into military action against Iran" by any of his advisers, Trump responded that he has "two groups of people. I have doves and I have hawks."

Todd responded by saying, "yeah, you have some serious hawks."

https://www.thegatewaypundit.com/2019/06/trump-i-have-doves-and-hawks-if-it-was-up-to-john-bolton-we-would-take-on-the-whole-world-at-one-time/

https://twitter.com/IntelCrab/status/1143148398985523205



Barack Obama's shadow government of coup plotters in exile

by L.J. Keith Jun 24, 2019

WASHINGTON: It used to be a truism of American politics that we only have one President at a time. That there was a strong tradition ensuring the 'peaceful transition of power" from one administration to the other. President Barack Obama is obliterating those quaint traditions of American democracy. Indeed he seems to have set up a government in exile, in Washington DC, while he seeks to undermine and sabotage the sitting President. (Trump claims 'Obama had to know about' efforts to undermine presidency)

His actions are unprecedented. The impact of his activities may well lead to a string of criminal indictments against a plethora of senior Obama Administration officials. Both in the senior levels of his cabinet. And in the upper echelons of the Obama White House staff and the Oval Office itself.

A coup d'etat by the outgoing Obama administration

There is no instance where a two-term President has left the Oval Office and then actively sought to destroy his successor. Until Barack Obama. There is no situation where the outgoing President weaponized the intelligence agencies and the DOJ to target, frame, and decimate the incoming President, even before he has taken office.

No President has ever sought to stage a coup d'etat against his successor. Until now.

Now we know the origins of the Russia hoax against Donald Trump. It was to cover up the systematic abuse of NSA surveillance systems by the Obama Administration. That the Obama White House had been illegally and systematically spying on an array of prominent Americans since 2012.

In order to to keep the actions of the Obama White House hidden, extraordinary measures had to be taken to ensure Hillary Clinton's election. She had to be exonerated of multiple criminal activities relating to her pay for play scheme at the State Department and with the Clinton Foundation.

Clearing Hillary, Framing Trump

Hillary had to be cleared of using an unsecured server to transmit sensitive and classified information. She had to be cleared of obstructing justice for deleting 33000 emails under subpoena.

Once she was corruptly exonerated, the Republican Presidential candidate, Donald Trump, had to be destroyed.

The full measure of the CIA, State Department and DOJ were unleashed against Donald Trump. John Brennan initiated operations against the Trump Campaign using the Italian, British and Australian intelligence services.

They used CIA assets Joseph Mifsud, Alexander Downer and Stefan Halper to frame and entrap George Papadopoulos. Their purpose, to falsely depict Donald Trump as a Russian agent. …

https://www.commdiginews.com/politics-2/barack-obamas-shadow-government-of-coup-plotters-in-exile-120382/

 

[iwannabeacowboy]

FBI Raids DC Home of Former Clinton Campaign Co-Chair - Jack Evans

https://newspunch.com/fbi-raids-home-former-clinton-campaign-chair/


https://youtu.be/MtMtdyHgLb0

 

[iwannabeacowboy]

Joe Biden's biggest political scalp: Jeff Sessions

The high point of Joe Biden's first presidential bid arguably occurred more than a year before he announced for the 1988 Democratic nomination. In March 1986, the Delaware senator played a leading role blocking Jeff Sessions from a federal district judgeship.

Sessions later would become a household name as a senator from Alabama and President Trump's first attorney general. For Biden, the boost was more immediate — it turned him into a leading opposition figure against the administration of President Ronald Reagan. Biden, with his eye on the next presidential race, scored a rare, direct political hit on Reagan, after the president's 49-state reelection romp in 1984. Biden's campaign against Sessions is often glossed over in biographical sketches of the 2020 Democratic front-runner. Even Biden's 2007 memoir, Promises to Keep, fails to mention the episode. But the Sessions confirmation brouhaha takes on renewed relevance in light of Biden's recent musings about working civilly in the 1970s Senate with some of the most notorious segregationists of earlier decades. Biden and Sessions, in fact, went on to have a longtime genial, if not particularly friendly, relationship while serving on opposite ends of the Senate Judiciary Committee. That's the same body that years before rejected Sessions' nomination.

In early 2009, as Biden became vice president under President Barack Obama, Sessions said he and his former Judiciary Committee colleague joked about his failed nomination. "Vice President Biden said, 'Sessions, if I [had] let you be a judge, I wouldn't have to put up with you now,'" Sessions said.

Jim Manley, formerly a top adviser to Sen. Edward M. Kennedy, D-Mass., and Senate Majority Leader Harry Reid, D-Nev., said the pair symbolized a Senate camaraderie of even the recent past. "You didn't go out of the way to personalize the debate," Manley told the Washington Examiner. That was a sharp shift from the raw feelings of spring 1986. Then, in a series of Senate Judiciary Committee hearings, critics, led by Kennedy, essentially branded Sessions a racist. Among other charges, one of the nominee's former deputies accused him of making racially insensitive comments to staff members while serving as the United States attorney for the Southern District of Alabama, based in Mobile.

At one committee hearing, Biden sharply questioned Sessions over his attitudes toward blacks and about his 1985 prosecution of three African Americans who were eventually acquitted on voting-fraud charges. "Sessions, at a minimum, was much too flippant with regard to matters relating to race. He joked about it. He made comments about it," Biden said. Sessions disclaimed any racial animus and vigorously defended himself. "I am not the Jeff Sessions my detractors have tried to create," he proclaimed at one hearing, his voice rising. "I am not a racist; I am not insensitive to blacks; I supported civil rights activities in my state. I have done my job with integrity, equality, and fairness for all." But the damage was done.

On June 5, 1986, the Senate Judiciary Committee voted 10–8 against recommending the Sessions nomination to the Senate floor, with two Republican senators joining the Democrats in opposition. It then split 9–9 on a vote to send the nomination to the floor with no recommendation. The Reagan administration withdrew the nomination on July 31, 1986. Sessions was Biden's highest-profile political scalp, though he had used such tactics before. In 1983, he helped block a Reagan nominee to the Board for International Broadcasters, Tom Ellis, who was a longtime political adviser to Sen. Jesse Helms, R-N.C. Under questioning from Biden, Ellis acknowledged he belonged to an all-white country club and owned extensive holdings in apartheid South Africa.

https://www.washingtonexaminer.com/news/joe-bidens-biggest-political-scalp-jeff-sessions

 

[iwannabeacowboy]

https://mobile.twitter.com/DevinNunes/status/1143147003230248960

 

[iwannabeacowboy]

As China's Banking System Freezes, SHIBOR Tumbles To Lowest In A Decade

One trading day after we reported that China was "Hit By "Significant Banking Stress" as SHIBOR tumbled to recession levels, and less than a week after we warned that China's inter-bank market was freezing up in the aftermath of the Baoshang Bank collapse and subsequent seizure, which led to a surge in interbank repo rates and a spike in Negotiable Certificates of Deposit (NCD) rates.

China's banking stress has taken a turn for the worse, and on Monday, China's overnight repurchase rate dropped to its lowest level in nearly 10 years, after the central bank's repeated liquidity injections to ease credit concerns in small-to-medium banks: The rate fell as much as 11 basis points to 0.9861% on Monday, before being fixed at exactly 1.000%.

See cap#2

Seeking to ease funding strains after the Baoshang collapse and to unfreeze the financial channels in the banking sector, the PBOC has been injecting cash into the financial system to soothe credit risk concerns in smaller banks following the seizure of Baoshang Bank, which sent shockwaves through China's markets.

Also helping drive the rate lower is China's move to allow brokerages to issue more debt, said ANZ Bank's Zhaopeng Xing, quoted by Bloomberg. As a result, at least five brokerages had their short-term debt quotas increased by the People's Bank of China in recent days, according to filings.

The improved access to shorter-term debt will cut costs for brokerages compared with alternative funding sources such as bond issuance. The flipside, of course, is that the lower overnight funding rates drop, the greater the investor skepticism that China's massive, $40 trillion financial system is doing ok, especially since the last time overnight funding rates were this low, the near-collapse of the global financial system was still fresh and the S&P was trading in the triple-digits.

Commenting on the ongoing collapse in SHIBOR, Commodore Research wrote overnight that "low SHIBOR lending rates are supposed to be supportive and accommodative in nature — but rates are now at the lowest level seen this decade and are very likely an indication that China is facing significant banking stress at the moment. It is extremely rare for the overnight SHIBOR lending rate to be set as low as 1.00%. This previously had not all been seen this decade, and the last time it occurred was during the financial crisis in 2008 - 2009."

Meanwhile, as the world's biggest financial time bomb ticks ever louder, traders and analysts are blissfully oblivious, focusing instead on central banks admitting that the recession is imminent and trying to spin how a world war with Iran would be bullish for stocks.

https://www.zerohedge.com/news/2019-06-24/chinas-banking-system-freeze-spreads-shibor-tumbles-new-decade-low

SHIBOR=ShangHai Interbank Offered Rate

LIBOR=London Interbank Offered Rate

or what banks charge each other to loan themselves money.

In both cases they are nothing moar than surveys or quotes/estimates so these are essentially "made up". In LIBOR's case they do it far worse.

 

[iwannabeacowboy]

The Epoch Times posted a story on Paula White-Cain, "spiritual advisor" to POTUS

Paula White-Cain: Donald Trump's Spiritual Advisor on Faith, Policy, and the President

BY ANDREW THOMAS

June 24, 2019 Updated: June 24, 2019

"The Epoch Times had an opportunity to discuss White-Cain's work, and her relationship with the president."

https://www.theepochtimes.com/paula-white-cain-donald-trumps-spiritual-advisor-on-faith-policy-and-the-president_2960965.html

 

[iwannabeacowboy]

Elijah Cummings put The IRS onto True the Vote

https://townhall.com/tipsheet/katiepavlich/2014/04/09/new-emaisl-show-lois-lerner-fed-information-about-true-the-vote-to-democrat-elijah-cummings-n1822247?


https://www.breitbart.com/politics/2019/06/06/true-vote-wins-battle-irs-judge-orders-tax-agency-pay-legal-fees-decade-long-fight/

 

[iwannabeacowboy]

Flynn Habbenings another delay in sentencing.

Michael Flynn's lawyer says she needs a three-month delay before sentencing to work her way through three hard drives delivered from client's former lawyers

https://twitter.com/politico/status/1143270106195267585?s=21




Noteworthy from the Flynn hearing today…

Sidney Powell mentions a possible need for security clearance.

DOJ says they didn't provide classified information.

Powell responds: "That's with regards to what they produced.

There is other information."

https://twitter.com/Techno_Fog/status/1143261102115041281

 

[iwannabeacowboy]

https://www.military.com/daily-news/2019/06/23/marines-urban-warfare-tactics-are-outdated-heres-how-they-plan-fix.html/amp?__twitter_impression=true




Also military related
https://twitter.com/Breaking911/status/1143259571831615492

 

[iwannabeacowboy]

Candace Owens @RealCandaceO

"Sanctuary cities are RACIST. The black community has literally been destroyed by RACIST Illegal immigration.

When black people commit a crime they get 3 strikes. When illegal aliens commit crimes they get amnesty and benefits.

It's OVER! Thank God for Trump"

@aoc #BLEXIT

https://twitter.com/RealCandaceO/status/1143150022302867456

 

[iwannabeacowboy]

High court may be on verge of reining in bureaucrats

Conservatives may not need to wait long for the Supreme Court to narrow the executive branch's power to fill in gaps in laws passed by Congress. Legal eagles among conservatives were only semidisappointed last week when the high court in Gundy v. United States declined there and then to rein in Congress' habit of delegating major decision-making power to the executive branch. They still have high hopes that the court this week will limit the ability of executive agencies to run too far afield in exercising discretionary authority. These legal disputes are important. They involve two foundations of American government — the ability of voters to control their government and the ability of citizens to understand the rules governing their behavior while counting on reasonable stability in those rules. Very broadly speaking, three Supreme Court doctrines determine whether executive branch officials have too much discretionary power. The first, involving something called the "non-delegation doctrine," would, if applied strictly, set limits on how much Congress can delegate its own authority to executive officials. Hillsdale professor Adam Carrington explained it well here last week in writing that conservatives who want that doctrine vigorously enforced are hopeful despite technically losing last week's Gundy decision. In short, he explained, if the right future case comes along, five of the court's nine justices are expected to make Congress actually do its job rather than delegating it elsewhere.

The second doctrine, known as "Chevron deference," allows agencies broad leeway in interpreting congressional intent. It isn't at issue in any major case this month. The third, known as "Auer deference," allows agencies leeway in interpreting their own regulations. That's what is at issue in the case of Kisor v. Wilkie, expected to be decided later this week. The case involves a decision by the Department of Veterans Affairs to deny treatment for post-traumatic stress disorder to Vietnam War Marine veteran James Kisor. Kisor believes the VA is misapplying the regulations pertaining to his case, and he wants the justices to reject Auer deference and thus review his claim. Granted, the exact legal considerations at play in the Chevron, Auer, and non-delegation doctrines are somewhat different from each other. Thematically, though, all three involve the boundaries of the Constitution's separation and intermingling of powers. How much leeway does the Constitution allow (or not allow) the executive branch not just to enforce policy as dictated by duly passed laws but to actually perform legislative-like functions of proclaiming policy on its own authority?

In all three situations, many conservative legal leaders believe executive authority should be limited — or, in cases involving non-delegation issues, that Congress should be forced to take more responsibility for the clarity and meaning of its own work, rather than pawn off its duties to the executive. That's why the hints from the high court's conservative "bloc" in Gundy give hope to conservative court observers for Kisor: It stands to reason that justices willing to insist in an impassioned dissent that Congress not delegate lawmaking power to the executive will also insist that executive rulemaking remain within stricter limits.

This is important. American voters control who goes to Congress and can adjudge Congress' work in biennial elections. But voters have next to no say over the oft-nameless bureaucrats who write and enforce regulations. The conservative preference for less administrative discretion helps ensure accountability to the public. Likewise, if agencies can repeatedly reinterpret or rewrite laws and regulations, citizens will feel subject to arbitrary processes, without recourse to relief. If the high court majority in Kisor does indeed limit Auer deference, accountability and citizens' trust in their government will be blessedly enhanced.

https://www.washingtonexaminer.com/opinion/high-court-may-be-on-verge-of-reining-in-bureaucrats

Gundy v. United States

https://casetext.com/case/gundy-v-united-states-3

Gundy v. US was a chance to tell Congress they can't regift legislative power

https://www.washingtonexaminer.com/opinion/gundy-v-us-was-a-chance-to-tell-congress-they-cant-regift-legislative-power

Kisor v. Wilkie

https://www.scotusblog.com/case-files/cases/kisor-v-wilkie/