1…………> Sessions Go Home: House GOP
“It is time for Sessions to start managing in a spirit of transparency to bring all of this improper behavior to light and stop further violations. If Sessions can’t address this issue immediately, then we have one final question needing an answer: When is it time for a new attorney general? Sadly, it seems the answer is now,” two influential House members Mark Meadows and Jim Jordan questioned the ability of current AG Sessions to control his department, and also criticized his deputy Rod Rosenstein for not answering questions from Congress in recent months, a continuing outrage that has de-stabilized US at home and abroad.
2…………> Economic Civil War: Cuomo
“Make no mistake, they’re robbing the blue states to give money to red states,” It is an economic civil war. It is illegal and we will challenge it in court as unconstitutional,”New York Governor Andrew Cuomo declared during his State of the State speech in Albany, firing the first salvo of his war against the
new Republican tax law, on the grounds that it’s unconstitutional because it discriminates against New York and other states that voted against President Donald Trump.
The impact of the tax law “is a question of New York’s economic viability long term, a question of New York’s competitiveness long term. The threat from this federal government is not going to derail the great state of New York, I promise you,” Cuomo said, describing the Trump presidency as “the most hostile federal administration in history,” suggesting that the changes to state and local tax deductions in the bill will raise New Yorkers’ property and income taxes by at least 20%. The governor added that New York state already contributes $48 billion more annually to the federal government than it gets back.
3…………> Gas Up: Trump
The Trump administration has proposed a controversial plan to open up protected areas in the Pacific and Atlantic oceans for offshore drilling, a five-year plan expands drilling to most of the US outer continental shelf, including California and Maine, where drilling has been blocked for decades.
Obama lapdog environmentalists called it a “shameful giveaway” to the oil industry.
4…………> Get The Taliban Or No Money: Trump
The Trump administration says it is suspending security assistance of $255 million to the Pakistani military, accusing it had playing U.S. leaders for “fools,” and until it takes “decisive action” against the Afghan Taliban and Haqqani network that are targeting U.S. personnel in Afghanistan.
5………….>Market Report 01/04/2017, sell stop 24,800, 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 24800 for a spectacular gain of 1240 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 up 152 to 25075, DJ futures at +30.
Gold up to 1323 and USD/CHF down to 0.9745 due to tax bill passage. 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 24,800. 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.
6…………> Mr.Xi Inspection Continues: War Readiness
BAODING, Hebei, China
Xi said officers and soldiers “should be cared for warm-heartedly while undesirable work styles and corruption should be contained resolutely.”