1…………> Trump Lost Friends: Carlson, Coulter & Co
Fox News host Tucker Carlson, a staunch defender of President Donald Trump, but no more now as he described a “disturbing scene” when Trump met with lawmakers of both parties and indicated he’d sign just about any deal they make on immigration to protect young undocumented immigrants known as the Dreamers.
“Congress is full of people from both parties who believe that the point of our immigration policy is to provide cheap labor to their donors and to atone for America’s imaginary sins against the world.They couldn’t care less about immigration’s effect on you or your family. Yet these are the same people the president now says he trusts to write the immigration bill, the one he will sign no matter what it says. So what was the point of running for president?”
“He clearly has skills as a negotiator,” Carlson said. “Where were they today?”
He also underlined the fact that the Democrats are trying to “import more Democratic voters.”
“Once they retake the Congress and the presidency ― and if Trump betrays his base on immigration, that’ll definitely happen ― it is over,” Carlson said. “Say goodbye to borders. They are done.”
2………..> Goodbye T-Bonds: China
China shook the bond investors and traders with fear that the end of a three-decade bull market may be near, as senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries. The news comes as global debt markets were already selling off after signs that central banks are starting to halt the outrageous “paper money deluge” aka QE1,2, ect. Yields on 10-year Treasuries rose for again, making a new high, the highest since March.
“With markets already dealing with supply indigestion, headlines regarding potentially lower Chinese demand for Treasuries are renewing bearish dynamics,” said Michael Leister, a strategist at Commerzbank AG. “Today’s headlines will underscore concerns that the fading global quantitative-easing bid will trigger lasting upside pressure on developed-market yields.”
3…………> ICE Broom: Chicago
Federal officers with U.S. Immigration and Customs Enforcement’s (ICE) Enforcement and Removal Operations (ERO) arrested 22 criminal aliens and immigration violators in Illinois’ Cook and Lake counties in the following cities and towns: Chicago (9), Cicero (4), Hoffman Estates (1), Palatine (4), Park City (1), Rolling Meadows (2) and Round Lake Beach (1). All those arrested were men between the ages of 20 and 53.
Aliens arrested during this operation are from the following five countries: Ecuador (1), Honduras (2), Mexico (17), Serbia (1) and Ukraine (1).
Six of the 22 arrested during this operation were criminal aliens who were released back into their communities after local law enforcement failed to honor an immigration detainer placed on the individuals by ICE. Immigration detainers request that ICE be notified before the individual is released from local custody for any reason.
4………….> Dental Bandits: Crooked Smiles
US DOJ has settled “False Claims Act” allegations against dental management company Benevis LLC (formerly known as NCDR LLC) and more than 130 of its affiliated Kool Smiles dental clinics, as the company agreed to pay the United States and participating states a total of $23.9 million, plus interest, to resolve allegations that they knowingly submitted false claims for payment to state Medicaid programs for medically unnecessary dental services performed on children insured by Medicaid.
“Billing Medicaid programs for dental procedures that are not necessary contributes to the soaring costs of healthcare,” said Acting Assistant Attorney General Chad A. Readler of the Justice Department’s Civil Division. “When healthcare providers put vulnerable patients at risk by performing medically unnecessary procedures to achieve financial goals, we will take action.”
5…………> Market Report 01/010/2017, sell stop 25,100, CG(-60), 11/22/16
Short position closed at 23560, for a loss of 60 DIA points, with a new position long 23560, sell stop 25100 for a spectacular gain of 1540 DIA points.
Stock market old timers have said that “you buy the rumor, and sell the news”, and that is exactly what is happening right now, with Democrats screaming murder as a close look at the new tax bill indicates that states like California and New York who have been leading the fight to dethrone or impeach Trump may be in for a nasty surprise with the mortgage deduction for state and local taxes set at only $10,000 per return, leaving millions of mansions above $500,000 with a hefty uptick in mortgage payment, a sure prelude to a crash.
We warned that it appears there is organized attempt to remove President Trump from office and if this activity is not curtailed soon, market will open on gap below 20,000 with next stop 17300 and 11800 support levels.
Stocks were down 17 to 25369, DJ futures at -7.
Gold up to 1320.3 and USD/CHF down to 0.9781 due to tax bill passage, on Bank of China statement of avoidance of US debt instruments. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 25,100. We have to wait and see if new Fed chair Powell will attempts to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires supporters of the New World Disorder.
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