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Bibi1581.com Blog For 02/20/2019:Morning Edition

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  1. Today’s White House Tweets: President TrumpDwMZEHrV4AEvW9d.jpg

    California now wants to scale back their already failed “fast train” project by substantially shortening the distance so that it no longer goes from L.A. to San Francisco. A different deal and record cost overruns. Send the Federal Government back the Billions of Dollars WASTED!

    The New York Times reporting is false. They are a true ENEMY OF THE PEOPLE!

    “If thinking that James Comey is not a good FBI Director is tantamount to being an agent of Russia, than just list all the people that are agents of Russia – Chuck Schumer, Nancy Pelosi, Rod Rosenstein who wrote the memo to get rid of Comey, the Inspector General….” Trey Gowdy

    “The Washington Post ignored basic journalistic standards because it wanted to advance its well-known and easily documented biased agenda against President Donald J. Trump.” Covington student suing WAPO. Go get them Nick. Fake News!

    The Press has never been more dishonest than it is today. Stories are written that have absolutely no basis in fact. The writers don’t even call asking for verification. They are totally out of control. Sadly, I kept many of them in business. In six years, they all go BUST!

    Crazy Bernie has just entered the race. I wish him well!

    “Andrew McCabe gave absolutely no evidence of any threat to substantiate his ABSURD claim.”

    Retweeted

    This is crazy scary. A cabal of unelected bureaucrats-angered & upset that fired their boss-whispered about overthrowing him. Has this ever happened? Why isn’t the mainstream seeing this for what it is. This is malignant arrogance from a man fired for lying.

 

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Bibi1581.com Blog For 01/30/2019: Morning Edition

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  1. Today’s White House Tweets: President Trump
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Bibi1581 Blog For 06/28/2018: Evening Edition


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1…………> Bankrate Fraud: Cut Short

The former chief financial officer of Bankrate Inc., identified as Edward J. DiMaria, 53, of Fairfield County, Connecticut, employee of a publicly traded financial services and marketing company formerly headquartered in North Palm Beach, Florida, pleaded guilty today for his role in orchestrating an accounting and securities fraud scheme that caused more than $25 million in shareholder losses. 

He pleaded guilty to one count of conspiracy to make false statements to a public company’s accountants, falsify a public company’s books, records and accounts, and commit securities fraud; and one count of making materially false statements to the Securities and Exchange Commission (SEC). DiMaria pleaded guilty before U.S. Magistrate Judge Simonton of the Southern District of Florida. DiMaria is scheduled to be sentenced on Sept. 11. 

“Edward DiMaria used his position as Bankrate’s CFO to inflate the company’s earnings and mislead shareholders, auditors, and the SEC, resulting in over $25 million in losses to innocent investors,” said Acting Assistant Attorney General Cronan. “DiMaria’s conviction and the restitution, in this case, will hopefully provide some solace to Bankrate’s shareholders, while also reminding potential bad actors of the Department’s commitment to hold individuals accountable for their involvement in complex accounting and securities fraud schemes that harm investors and undermine our markets.” 

https://www.justice.gov/opa/pr/former-chief-financial-officer-bankrate-inc-pleads-guilty-orchestrating-complex-25-million 

2…………> Massive Healthcare Enforcement: DOJ 

Attorney General Jeff Sessions and Department of Health and Human Services (HHS) Secretary Alex M. Azar III, announced the largest ever health care fraud enforcement action involving 601 charged defendants across 58 federal districts, including 165 doctors, nurses and other licensed medical professionals, for their alleged participation in health care fraud schemes involving more than $2 billion in false billings. Of those charged, 162 defendants, including 76 doctors, were charged for their roles in prescribing and distributing opioids and other dangerous narcotics. Thirty state Medicaid Fraud Control Units also participated in today’s arrests. In addition, HHS announced today that from July 2017 to the present, it has excluded 2,700 individuals from participation in Medicare, Medicaid, and all other Federal health care programs, which includes 587 providers excluded for conduct related to opioid diversion and abuse. 

“Health care fraud is a betrayal of vulnerable patients, and often it is theft from the taxpayer,” said Attorney General Sessions. “In many cases, doctors, nurses, and pharmacists take advantage of people suffering from drug addiction in order to line their pockets. These are despicable crimes. That’s why this Department of Justice has taken historic new steps to go after fraudsters, including hiring more prosecutors and leveraging the power of data analytics. Today the Department of Justice is announcing the largest health care fraud enforcement action in American history. This is the most fraud, the most defendants, and the most doctors ever charged in a single operation—and we have evidence that our ongoing work has stopped or prevented billions of dollars’ worth of fraud. I want to thank our fabulous partners with the FBI, DEA, our Health Care Fraud task forces, HHS, the Defense Criminal Investigative Service, IRS Criminal Investigation, Medicare, and especially the more than 1,000 federal, state, local, and tribal law enforcement officers from across America who made this possible. By every measure, we are more effective at finding and prosecuting medical fraud than ever.” 

“Every dollar recovered in this year’s operation represents not just a taxpayer’s hard-earned money—it’s a dollar that can go toward providing healthcare for Americans in need,” said HHS Secretary Azar. “This year’s Takedown Day is a significant accomplishment for the American people, and every public servant involved should be proud of their work.” 

https://www.justice.gov/opa/pr/national-health-care-fraud-takedown-results-charges-against-601-individuals-responsible-over

 

3…………> Maryland Shooting: Fatalities

A gunman has opened fire at a local newspaper office in Maryland, killing five people and wounding many others when started shooting through a glass door into the newsroom.

Police said it was a targeted attack on the newspaper, which had recently received “violent” threats through social media, and a white male in his late 30s living in Maryland was arrested and is being questioned.


He has refused to co-operate with officers and a police source said that he had “damaged” his fingertips to avoid being identified, and was carrying fake grenades and smoke bombs in a backpack.

More than 170 people were escorted safely from the building

President Donald Trump was briefed on the shooting. He tweeted that his “thoughts and prayers” were with the victims and their families.

 

 

4…………> The China Connection: Fentanil 

The Chinese triads have flooded the US opioid markets with a cheap fentanyl, hence reducing demand for poppies has devastated Guerrero communities,

since the drug cartels are buying much less opium paste from growers 

Thirty years ago, a kilo of opium paste sold for as much as 80,000 pesos in the mountains of the southern state of Guerrero, but now the same product fetches just 5,000 pesos (the US $250) or 16 times less. 

The drastic price slump — exacerbated recently by a reduction in demand for opium paste due to its substitution in heroin production with the synthetic opioid fentanyl — has had a devastating impact on the Sierra region, which is located in the geographical center of the state. 

“I’ve been living in this place uninterruptedly for 35 years and 90% of the people here grow poppies, there’s no reason to fool ourselves,” a local resident told the newspaper Milenio. 

“Thirty years ago, a kilo [of opium paste] was bought for 50,000 or 80,000 pesos. The farmers handed it over to the narcos, who paid very well . . . They took care of transporting it to the clandestine laboratories and distributing it,” he explained. 

https://mexiconewsdaily.com/news/lower-demand-for-poppies-has-devastated-communities/ 

 

 

 

5…………> Market Report 06/28/2018, sell stop 24350, CG(10322), 11/22/17

 

Closed position short 24400, cover shortstop 24500, for a loss of 50 DIA points. 

Last position long 24500, stop 25100 for a gain of 600 points. New position short 25050, cover short 24350 for a gain of 700 points. 

Stocks were up 98 to 24216, DJ futures +45, attempt to stage a covering short rally. 

Gold down to 1248.3 and USD/CHF down 0.99 due to 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 at 24,350. 

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. 

Please visit https://bibi1581stem.blogspot.com/ to read Bibi1581 historic blogs