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Bibi1581 Blog For 05/01/2018: Evening Edition

1…………> End Of Free Money: Finland 

There are already rumors that the Democratic party in the US is preparing to pay cold, hard cash for getting elected in 2018 and 2020, despite developments in EU, with Finland being the latest socialist government to recently cool off on its so-called “universal basic income” experiment of replacing traditional unemployment relief with unconditional flat cheques for a sample of unemployed adults. 

Contrary to what its name suggests, the scheme was not “universal” at all, since already-unemployed people, a not a representative sample of the whole population received the checks. 

The story of feeding the “plebs” goes back some 2000 years ago, when the Roman politicians were throwing bread in the Coliseum, and provided free entertainment by sacrificing slaves from around the empire to fight for dear life for the amusement of the vicious and bloodthirsty slum crowds.

Today’s politicians cannot do such blatantly and politically incorrect things, instead of that they use the money printing presses of the Central banks to elegantly rob their constituents by appointing highly educated embezzlers in charge of the Federal Reserve to make sure that the smell of the monetary septic tank does not  become evident for at least a generation, without anyone noticing the robbery at all.

http://www.abc.net.au/news/2018-05-01/finland-universal-basic-income-welfare-reform/9709798

 

2…………> Police Brutality: Miami

Federal charges were filed against juvenile detention officer Antwan Lenard Johnson arising from his role in the August 2015 beating and death of a 17-year-old juvenile inmate (E.R.) at the Miami-Dade Regional Juvenile Detention Center (JDC) in Miami, Florida.

“The United States Constitution protects every person in this country, including those who are detained in juvenile detention facilities,” said U.S. Attorney Benjamin G. Greenberg. “It is an honor and privilege to work with the many outstanding agents and officers who are part of our law enforcement community. These brave individuals put their lives on the line every day to protect us all and make our communities safer. But we are committed to bringing to justice the small minority of law enforcement officials when they abuse their authority and violate the civil rights of another.”

Johnson, 35, of Miami-Dade County, was charged with conspiracy to violate inmate E.R.’s civil rights under color of law, which resulted in E.R.’s death, in violation of Title 18, United States Code, Section 241; and deprivation of E.R.’s civil rights, under color of law, which resulted in bodily injury and E.R.’s death, in violation of Title 18, United States Code, Section 242. If convicted, Johnson faces a maximum statutory sentence of life in prison for each charge. 

https://www.justice.gov/opa/pr/miami-dade-juvenile-detention-officer-charged-civil-rights-offenses-role-inmate-s-beating-and

 

3…………> Caravan Honchos Charged: DOJ


The DOJ today filed criminal charges against eleven different suspected members of the so-called “caravan” in the United States District Court for the Southern District of California, announced Attorney General Jeff Sessions and U.S. Attorney for the Southern District of California Adam Braverman. All defendants are alleged to have illegally entered the country in violation of 8 U.S.C § 1325, and one defendant is also alleged to have been previously deported and was charged with 8 U.S.C § 1326 (illegal reentry).

“When respect for the rule of law diminishes, so too does our ability to protect our great nation, its borders, and its citizens,” said Attorney General Jeff Sessions. “The United States will not stand by as our immigration laws are ignored and our nation’s safety is jeopardized. U.S. Attorney Adam Braverman and his team should be commended for quickly filing illegal entry charges for individuals apprehended along the southwestern border. We will continue to work with our partners in each U.S. Attorney’s Offices to aggressively pursue prosecutions of criminal illegal entry.”


According to the complaints, defendants were apprehended by Border Patrol in the following areas known as Goat Canyon, 35 Draw, Eucci Grove, and W-8. Goat Canyon, 35 Draw, and Eucci Grove are approximately four miles west of the San Ysidro, California Port of Entry, and W-8 is approximately two miles west of San Ysidro.

The complaints allege that the defendants knowingly and willingly entered into the United States at a time and place other than as designated by Immigration Officers, and eluded examination and inspection by Immigration Officers.

https://www.justice.gov/opa/pr/justice-department-announces-first-criminal-illegal-entry-prosecutions-suspected-caravan

 

 

4…………> Kanye Threatened: Crips

One of President Trump most ardent supporters, the superstar rapper Kanye West has requested that police investigate a threat after Snoop Dogg’s cousin urges Crips to ‘f***’ him up over Trump tweets.

 

A member of rap duo Tha Dogg Pound and Snoop Dogg’s cousin Daz Dillinger posted an Instagram video calling for the Crips to pay West a visit. “Yo, national alert, all the Crips out there, y’all f*** Kanye up. You see that motherf*****, f*** his ass up on GP,” Dillinger said in a since-deleted post. (GP means “general principle.”)

https://www.yahoo.com/entertainment/kanye-west-steps-security-snoop-doggs-cousin-urges-crips-f-trump-tweets-183314472.html

 

 

 

5…………> Market Report 05/01/2018, cover short 23250, CG(9392), 11/22/17

 

After a sharp reversal following President Trump “mission accomplished” announcement in Syria, market opened on a gap, forcing short covering, triggering stop at 24050, leading to a loss of 50 points. Current position long 24100, sell stop 24450 closed for a gain of 350 DIA points, position short at 24450, cover short closed at 24250 for a gain of 200 DIA points. Current position long DIA at 24250, sell stop was closed at 24250 for a loss of 50 points, and a short position established at 24250, cover short 24200 for a gain of 50 DIA points.

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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 the news that President Trump is about to start a metal tariff war, slapping 25% surcharge on steel and 10% on aluminum. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in a downtrend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in an uptrend, watch break resistance of 1377 to be taken soon. The massive Fed balance sheet contraction will result in a $600 billion dollars being dumped on the credit markets each quarter, a leftover of the horrendous $4.3 trillion money printing of Obama’s septic tank that will surely exert a severe pressure on stocks and financial assets.

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We warned long ago that an organized attempt to remove President Trump from office is underway, and if this activity is not curtailed soon, the market will open on gap below 20,000 with next stop 17300 and 11800 support levels.

Stocks were down 64 to 24099, DJ futures at -40, attempt to stage a covering short rally.

Gold down to 1309.9 and USD/CHF at 1.00 despite President Trump setting tariffs on Chinese products. 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 cover short stop at 24,200. We have to wait and see if new Fed chair Powell will attempt 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.

 
 

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