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1…………> Today’s White House Tweets: President Trump

Verified account 2 hours ago

2…………> Thanks For The Favor: Low Oil Price

President Trump said he could impose additional sanctions on Saudi Arabia without harming bilateral relations, having sanctioned 17 people tied to Khashoggi’s murder, including the Saudi Consul General in Istanbul Mohammad al-Otaibi.

“Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!” Trump wrote on Twitter.

Before the U.S. reimposed sanctions on Iran on Nov. 5, oil prices jumped to their highest level in four years in October. Brent crude hit $86.74 on Oct. 3, and West Texas Intermediate (WTI) climbed to $76.90.

http://v.aa.com.tr/1317820

3…………> Saudi Forced Famine: Yemen

As many as 85,000 children under the age of 5 in Yemen have starved to death since the war began, according to “Save the Children” rights group report.

Using data compiled by the UN, the group found that between April 2015 and October 2018, about 84,701 children under 5 died from cases of severe acute malnutrition — or hunger.

The UN has warned that up to 14 million people are at risk of famine, which, the group said, has increased dramatically since the Saudi and Emirati-led coalition imposed a month-long blockade of Yemen just over a year ago. Since then, commercial imports of food through Yemen’s main airport in Hodeidah have declined by more than 55,000 metric tonnes a month, the group said. “Any further decline in imports could likely lead directly to famine,” it warned.

http://v.aa.com.tr/1317350

4…………> Power Of Unified Party USA: Chief Justice Roberts

Bibi1581.com announced in 2016 the creation of “Unified Party USA” by the merger between members of the Council of Foreign relations members from both Democratic and GOP Establishment, the same group of people who for forty years exported capital, know-how, and industry to our Chinese “partners”, and voted in support of our beloved, 1st Muslim President, Grand Ayatollah Barack Obama wayward spending spree that left our country with a National debt of 19.8 trillion dollars.

In yet another demonstration of the power of the “Deep State” government, US Supreme Court Chief Justice John Roberts, a President Bush appointee has taken the extraordinary step of rebuking President Trump’s criticism of a federal judge.

Mr Trump on Tuesday called a jurist who ruled against his asylum policy an “Obama judge,” the president’s gibe has provoked a stern statement from the head of America’s highest court, clearly a clash with the executive branch of the US government.

“We do not have Obama judges or Trump judges, Bush judges or Clinton judges,” the chief justice told the Associated Press.

“What we have is an extraordinary group of dedicated judges doing their level best to do equal right to those appearing before them.”

The lovely question that is omitted in this discussion is who is paying for all the illegal immigrants and other “politically correct” implicit spending consequences by anti-Trump judges, as our country are running $21.8 trillion debt load, with almost half of the bill going to pay for the debt service.

Bibi1581.com has said that there is only one politically incorrect thing in the US, and it is the stock market that recently broke through the critical 24850 level, below the 200-day moving average with a support down to 18500 level, a possible 30% drop from the top: a bear market in anticipation of the glorious arrival of Pelosi, Waters, Schumer & Co.

https://www.bbc.com/news/world-us-canada-46294734

5…………> “Who’s Sorry Now”: An Option Trader

“I truly invested your funds like you were family, I’m sorry that this rogue wave capsized our boat,” this are the words of the boss of a Florida-based financial firm has made a tearful video apology to clients after bad bets on oil and natural gas prices wiped out their investments.

Mr.James Cordier blamed a recent spikes of market volatility for the losses, which are set to destroy his firm after the natural gas prices enjoyed their biggest one-day percentage gain in eight years last week, only to suffered their most considerable one-day loss in 15 years the very next day, with oil prices also falling sharply.

Mr. Cordier is president of OptionSellers.com, based in Tampa, and co-wrote a book called The Complete Guide to Option Selling.

https://www.bbc.com/news/business-46295109

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

1…………> Market Report 12/21/2017, sell stop 24,600, 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 24600 for a spectacular gain of 1040 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.

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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 up 55 to 24783, DJ futures at +41.

Gold up to 1269.6 and USD/CHF up to 0.9884 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 24,600. 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.

2…………> Cut The Crap: Government Funding
By a vote of 231-188 with Democrats criticizing the opposition of using a third stopgap bill since the year’s Oct. 1 start, the Republican-led House narrowly passed a temporary spending bill to avert a government shutdown, allocating $2.1 billion that pays for veterans to seek care outside the VA; a temporary fix to ensure states facing shortfalls won’t have to purge children from the childcare program, and a short-term extension for an expiring overseas wiretapping program aimed at tracking terrorists.
Congress will return in January facing insurmountable challenges on immigration, the federal budget, health care and national security along with legislation to increase the government’s authority to borrow money.

https://www.yahoo.com/finance/news/lawmakers-hoping-approve-must-pass-spending-bill-081724757–finance.html?.tsrc=fauxdal

3…………> Tax Cuts: Lets Spend

As the Republicans get closer to signing tax reform into law, a whopping 80% of taxpayers should receive a tax cut, averaging about $2,100, with refunds as a percentage of after-tax income that would benefit the higher-income groups the most. In addition, about 5% of taxpayers should expect to see their taxes increase by the same amount in 2018, and that rate will rise to 9% in 2025 and 53% in 2027 compared with the current law, according to experts.
Still, a bundle of money is coming your way one way or another and a spending wave may raise sales and earnings before leveling due to raising interest rates once the new Fed chair takes over in February 2018.

https://www.yahoo.com/finance/news/heres-tax-cuts-will-look-like-americas-popular-jobs-153708591.html

4…………>Eternal Patrol: 104 Years Later

The first Allied and Royal Australian Navy submarine HMAS AE1 with 35 crew members on board that was lost in World War I has been finally found after a 103-year search off the coast of Papua New Guinea.

“Australia’s oldest naval mystery has been solved,” Defence Minister Marise Payne said.

“It was … a significant tragedy felt by our nation and our allies,” when it went missing off the coast of the Duke of York Islands on September 1914.

http://mobile.abc.net.au/news/2017-12-21/hmas-ae1-submarine-found-after-century-long-search/9278782

5…………> Sessions Hound Dogs: Fox Clinton

Following pressure from President Trump and his congressional allies, AG Jeff Sessions said he would consider appointing a new special counsel to investigate Clinton’s “Uranium One” outrage, the crooked deal that allowed Bill, Hillary Clinton & Co to sell 25% of US uranium to Comrade Putin. In addition, the bogus dossier created and paid for by DNC will be also investigated.

https://www.yahoo.com/news/jeff-sessions-reportedly-revives-probe-130250193.html

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

Tag: tax cut

Bibi1581 Blog 11/21/2018: Morning Edition

Bibi1581 Blog For 12/21/2017: Evening Edition