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  • Gorka: O’Keefe CNN Video Fake News Scandal ‘Complete Vindication for the President’
    Dr. Sebastian Gorka, deputy assistant to the president and former National Security editor for Breitbart News, joined Breitbart News Daily for an interview on Tuesday, just in time for SiriusXM host Alex Marlow to present him with the latest Fake News scandal: the undercover video of a CNN producer admitting the President Trump-Russia story was “mostly bulls**t” and hyped for “ratings.”
  • Project Veritas Undercover Investigation: CNN Producer Admits Network Hyping ‘Mostly Bullsh*t’ Trump-Russia Scandal for ‘Ratings’
    James O’Keefe’s Project Veritas has struck again: This time, a senior CNN producer was caught on camera by one of O’Keefe’s investigators admitting that the network’s relentless bashing of President Donald Trump with the Russia scandal lacks proof.
  • ‘Never Trumper’ John Podhoretz Defends CNN: ‘Unfair’ to Yell ‘Fake News’
    “Never Trump” writer John Podhoretz, who once threw a hissy fit at Breitbart News over an article that was 100 percent factually correct, came to embattled CNN’s defense on Monday evening. Even though Podhoretz admitted that CNN published a “fake news” story that forced three of its employees to resign on Monday evening, he said yelling “Fake News” at the network is “unfair.”
  • BOOM: Consumer Confidence Rises Again!
    Consumers' view of current conditions rises to 16 year high.
  • Google Fined Record 2.4 Billion Euros in EU Antitrust Case
    BRUSSELS (AP) — After a seven-year legal battle, European authorities came down hard on Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own businesses, fining the tech giant a record 2.42 billion euros ($2.72 billion) and raising the prospect of more. A years-long analysis of Google’s online search results showed that the company lists links to its own online shopping services above those of rivals, European regulators said. On average, Google lists search results to its biggest rivals in online shopping only on page 4 — and smaller rivals even lower. That’s a huge advantage for Google when 90 percent of use-clicks are on page one. The European Union’s competition watchdog slapped a record 2.42 billion euro (2.72 billion US dollars) fine on internet giant Google on Tuesday for breaching antitrust rules with its online shopping service. (June 27) The ruling that Google is taking advantage of its market dominance in online searches paves the way for a broader crackdown by the EU, which is investigating several other Google businesses, like its online images and travel businesses. “Google has abused its market dominance as a search engine” @Vestager @EU_Competition https://t.co/ri00w0nZJCpic.twitter.com/czau2Mqawk
  • 7th Mexican Journalist Murdered in Months, Killers Incinerated Corpse
    MEXICO CITY -- Mexican authorities identified the charred remains of an investigative journalist from Michoacán kidnapped a month ago. This is the seventh case of a reporter who covered the government or drug cartels being murdered.
  • Mark Levin to Donald Trump: ‘Don’t Stop Tweeting’
    Monday on Fox News Channel’s “Hannity,” in an appearance to promote his new book “Rediscovering Americanism: And the Tyranny of Progressivism,” conservative talk show host Mark Levin urged President Donald Trump not to stop tweeting. Even Trump’s closest allies have cautioned him on tweeting. However, Levin applauded him for it because it was a tactic in “taking on the media.” “[I] want to thank the president for something — he gets attacked for this,” Levin said. “Thank you for taking on the media. It’s a damn about time somebody did. Don’t stop tweeting. Be more careful with your tweets, but don’t stop tweeting because you’re able to go over the head of the media the way Reagan did with his speeches. He could be more careful. I don’t care. Are the media careful about what they report? No. In any event, I’m one of those — count me in the minority that says, ‘Keep at it, keep at it, keep at it.'” Follow Jeff Poor on Twitter @jeff_poor
  • Gingrich: Congress Should Call on Obama to Testify Under Oath
    Monday on Fox News Channel’s “Hannity,” former House Speaker Newt Gingrich reacted to host Sean Hannity’s claim that despite President Barack Obama knowing about the potential for Russia interfering in the presidential election as early as August 2016, he took no action because as Hannity put it, “he didn’t want to rock the boat” for Democratic nominee Hillary Clinton. Gingrich responded by saying there was “no question” Congress should call the former president to testify under oath about his handling of potential Russian interference. “There’s no question that Congress should call the former president in to testify under oath to explain what he was doing and why he was doing it,” Gingrich said. “There’s no question that they should build the case from the ground up. Who was doing the investigating? Who was reporting to the president? Who did it go through? What were the meetings like when they decided not to pursue it? I mean, talk about an extraordinary failure of national security.” Follow Jeff Poor on Twitter @jeff_poor
  • Iraqi General: Mosul Battle to End ‘Within Days’
    A senior Iraqi general has said that the city of Mosul will be liberated from the Islamic State "within days" as counterterrorism units close in on the group's few remaining strongholds, three years after the terror organization declared a "caliphate" in Syria and Iraq.
  • Iran Battles Opium Epidemic, Addicts Double in Six Years
    According to a new study from Iran’s Drug Control Organization, the number of people regularly consuming drugs has grown from 1.3 million six years ago to at least 2.8 million today. The vast majority of these drug users favor opium, which flows in from Afghanistan.
  • Police Seek Man for Using Cell Phone to Look Up a Girl’s Skirt at Target Store
    Chesterfield, Virginia, police are looking for a man accused of taking video to look up a woman's skirt at the local Target retail store.
  • Robbery Suspect Corners Female Homeowner, Gets Shot
    On Monday, an alleged robbery suspect in Castaic, California, cornered a female homeowner who reacted by shooting him in the chest.
  • Chinese Communist Youth League Launches Dating Service
    A branch of the Chinese Communist Youth League has set up a dating service for young activists to find a partner, state media has reported.
  • Vatican Laments ‘Forcible Removal’ and Disappearance of Chinese Bishop
    In a rare move, the Vatican expressed its displeasure with the Chinese government Monday for the recent disappearance of Bishop Peter Shao Zhumin of Wenzhou.
  • Three Employees Resign from CNN Amid Very Fake News Scandal
    Three CNN employees have resigned amid the network’s very fake news scandal in which it was forced to retract a hit piece on President Donald Trump and his associates. “CNN said Monday that three journalists, including the executive editor in charge of a new investigative unit, have resigned after the publication of a Russia-related article that was retracted,” CNN’s Brian Stelter reported late Monday. “Thomas Frank, who wrote the story in question; Eric Lichtblau, an editor in the unit; and Lex Haris, who oversaw the unit, have all left CNN.” Stelter quoted an anonymous CNN spokesperson—the network refused to comment to him on Sunday night over the scandal—as saying the network accepted their resignations. As Stelter acknowledged — not in this piece, but in his Sunday evening “Reliable Sources” newsletter — it was a Breitbart News investigation that forced CNN’s retraction and now the resignations of three top network officials. “In the aftermath of the retraction of a story published on CNN.com, CNN has accepted the resignations of the employees involved in the story’s publication,” the CNN spokesperson said. Stelter continued: An internal investigation by CNN management found that some standard editorial processes were not followed when the article was published, people
  • New Low: Megyn Kelly’s Ratings Plummet Again
    How low can Megyn Kelly’s ratings go? NBC’s Sunday Night with Megyn Kelly got walloped by a fresh episode of 60 Minutes and lost yet again to a rerun of America’s Funniest Home Videos. In fact, as Variety pointed out, Kelly's show slipped to “a new low in both the key demo and total viewers.”
  • Rep. Steve King Will Join Launch of New Angel Family Advocacy Effort
    Rep. Steve King is set to speak along with several “angel” families at the launch of the new family-led group, Advocates for Victims of Illegal Alien Crime (AVIAC) in Washington, D.C. on Tuesday.
  • California Democrats Violate Their Own ‘Travel Ban’ — for ‘Important’ Causes
    The ink is barely dry on California’s newly-expanded ban on state-funded travel to Texas and other states that, it claims, discriminate against LGBT people — and this week, two openly gay Democrat politicians are traveling to Texas, violating the ban they claim to support.
  • The ‘Progressive Liberal’ a Wrestling Heel for the Trump Era
    In the early 1980s, professional wresting relied on an Iranian sheikh and various large men with Russian accents to draw the ire of fans. In the late 1990s, an arrogant, millionaire boss served as the magnet for boos. Today, in a sign of the times, a wrestler calling himself the “Progressive Liberal” now feels the heat.
  • Jackie Mason: Democrats Say They’ll Win Again, They Just Don’t Know When or How (Exclusive Video)
    In this week's exclusive clip for Breitbart News, Jackie assures us that the Democrats have a big plan for how to win elections again after another loss last week by Democrat Jon Ossoff in Georgia's sixth district special Congressional election.
  • Miley Cyrus: I Feel ‘Ageless’ and ‘Genderless’
    Miley Cyrus wants people to know that what they hear from the pop superstar is what she really feels.
  • Bokhari: The Secret Rightwing Messages of Harry Potter
    The left has got it wrong. The political messages of Harry Potter are actually incredibly right-wing.
  • Firm Behind Trump Dossier Hired by Planned Parenthood to Smear Videomakers
    The shadowy “research” firm that commissioned a dossier on President Donald Trump is the same firm hired by Planned Parenthood to create the narrative that the videos exposing the abortion business’s alleged profiteering from the sales of aborted baby parts were “deceptively edited.” The website for Fusion GPS provides only two paragraphs about the firm and an email address for further contact: Fusion GPS is based in Washington, DC and provides premium research, strategic intelligence, and due diligence services to corporations, law firms, and investors worldwide. We offer a cross-disciplinary approach with expertise in media, politics, regulation, national security, and global markets. Email: info@fusiongps.com In the summer of 2015, Center for Medical Progress (CMP) began releasing its undercover videos exposing alleged profiteering on the part of Planned Parenthood and its partners in the biomedical fetal tissue procurement industry. The shocking videos forced America’s largest abortion provider into rapid defense mode, and smearing undercover journalist David Daleiden and his group became a top priority of Planned Parenthood. The group hired Fusion GPS to perform a forensic evaluation on CMP’s videos, the results of which were reported at Politico in August of 2015 with the headline, “Report for Planned Parenthood Finds Sting Videos
  • CNN Jake Tapper Corrects Misattributed George Orwell Quote
    CNN anchor Jake Tapper had a Twitter hiccup Sunday resulting in him having to correct a simple commemoration of the birthday of 1984 and Animal Farm author George Orwell.
  • CAIR Releases App for Reporting ‘Hate Crimes’, ‘Bias Incidents’
    The Council on American-Islamic Relations (CAIR) has released an app that will allow "minority groups" to report hate crimes.
  • Supreme Court Declines to Rule in Three Immigration Cases
    On Monday, the last day for orders of its term, the Supreme Court of the United States pushed two cases with potentially far-reaching implications for immigration enforcement to its fall term.
  • Rand: Senate Leadership Isn’t Negotiating with My Office on Healthcare Bill, Trump Needs to Tell Them to Negotiate
    On Monday’s “CNN Newsroom,” Senator Rand Paul (R-KY) said that Senate leadership has not negotiated with his office on the Republican healthcare bill and the president will have to tell Senate leadership to negotiate with the bill’s opponents. Rand stated, “So far, the Senate leadership is not negotiating with our office. I’m trying to negotiate with the president, but really the president is going to have to tell leadership they’re going to have to negotiate with some of us who don’t see this bill as being good for the country.” He also said that it’s “very ambitious” to try and pass the bill this week. Follow Ian Hanchett on Twitter @IanHanchett
  • Rand: Senate GOP Healthcare Bill May Well Make Obamacare Death Spiral Worse
    On Monday’s “CNN Newsroom,” Senator Rand Paul (R-KY) criticized the Senate GOP’s healthcare bill for keeping too many Obamacare regulations and possibly making the Obamacare death spiral worse. Rand said, “[W]e keep 10 of 12 of the Obamacare regulations, we still keep the idea that you can buy it after you get sick. So I’m concerned that the death spiral of Obamacare may well even get worse with the Republican version. I’m also concerned that the Republican version keeps most of the subsidies and actually creates a brand-new subsidy, $120 billion subsidy for insurance companies called a stabilization fund. All of those things together make me very concerned that we’re not going to fix the problem here.” He added, “[E]verybody seems to be afraid of freedom. What we should do is legalize inexpensive insurance. … That means insurance without any regulations, insurance that you can buy what you want at the price you want to pay. Because right now, we have people with big hearts who say, oh it should cover everything, but they price poor people out of the marketplace.” Follow Ian Hanchett on Twitter @IanHanchett
  • MILO Unveils DANGEROUS Billboard in Center of Media World
    Former Breitbart Senior Editor MILO revealed a billboard for his book DANGEROUS just blocks from the offices of Simon & Schuster.
  • Supreme Court Reinstates Trump Travel Ban from Muslim-Majority Countries
    The Supreme Court of the United States announced Monday that it will review the lower court injunctions blocking enforcement of President Donald Trump's executive order barring travel from six Muslim-majority countries.
  • Supreme Court Justice Ruth Bader Ginsburg Fails to Retire, Again; Also, Anthony Kennedy
    Supreme Court Justice Ruth Bader Ginsburg declined to announce her retirement, once again, on the last day of the session on Monday. Same with Anthony Kennedy.
  • SCOTUS Lets Ruling Stand Protecting Second Amendment Rights Following Non-Serious Misdemeanors
    On Monday the Supreme Court of the United States (SCOTUS) let stand a Third U.S. Circuit Court of Appeals in Pennsylvania ruling which protects Second Amendment rights following non-serious misdemeanor convictions.
  • Supreme Court Rules States Cannot Exclude All Churches from Public Aid
    In a 7-2 ruling, the court held in Trinity Lutheran Church v. Comer that states cannot prohibit churches from receiving otherwise generally available benefits based purely on their being a religious institution.
  • SCOTUS Extends Homosexual Rights to Include Birth Certificates That Name Unrelated Spouse as Second Parent
    A six-justice majority has extended homosexual rights to same-sex couples by ordering the state of Arkansas to allow a non-related or same-sex spouse be named as the second parent on a child’s birth certificate, with Chief Justice John Roberts joining Ruth Bader Ginsberg, Sonia Sotomayor, Elena Kagan, Anthony Kennedy and Stephen Breyer.
  • Chelsea Manning Attends NYC Pride Parade Following Prison Release
    WikiLeaks source Chelsea Manning attended an LGBT Pride parade in New York City on Sunday following her release from prison last month.
  • Kentucky Town Elects Dog as Mayor for Fourth Time
    The mayor's office of the small town of Rabbit Hash, Kentucky, has gone to the dogs. Literally, as once again -- and for the fourth time -- the voters have elected a dog as their mayor.
  • How Corey Stewart Went Full Troll and Stunned Virginia Politics
    When Corey Stewart announced his intention to challenge Ed Gillespie for the Republican Governor of Virginia primary, the establishment GOP cringed.
  • Olympic Committee President Thomas Bach Met with President Trump on LA Olympic Bid
    International Olympic Committee (IOC) President Thomas Bach met with President Donald Trump at the White House Thursday to discuss the Los Angeles bid to host an upcoming Summer Games.
  • Watch: NBA Commish Adam Silver Waves Rainbow Flag at NYC Pride Parade
    NBA Commissioner Adam Silver was in New York City over the weekend for the gay pride parade. According to TMZ Sports, Silver rode the NBA float along with the NBA’s first openly gay player, Jason Collins, as well as Golden State Warriors president Rick Welts and his partner. Follow Trent Baker on Twitter @MagnifiTrent
  • They’re All Around You: 5 Reasons You Should Fear the Mexican Mafia
    The Mexican Mafia, or "La EME," is a U.S.-based gang made up primarily of Mexican-American street gang members. The Mexican Mafia should not be confused with illegal alien drug gangs that originate from Mexico or with the Mexican cartels that use the gang as U.S. foot soldiers. Though it originated as a prison gang, its members and operations have since spilled out into U.S. communities.
  • ‘Kate’s Law,’ ‘Sanctuary City De-funding’ Bills Going to House Vote
    Two major immigration enforcement bills are expected to go before the U.S. House this week for a vote - including “Kate’s Law” and a sanctuary city de-funding bill. Passage of these important bills will help deliver on campaign promises made by President Donald Trump and Republicans in Congress during the last election cycle.
  • Violent Weekend in Cuba: 30 Ladies in White Arrested Again Trying to Attend Mass
    Over thirty members of the Ladies in White, a peaceful Catholic dissident group in Cuba, were violently arrested over the weekend for attempting to attend Sunday Mass, including leader Berta Soler.
  • Minister Considers Cancelling Europe’s Largest ‘Jew Hate Event’ Held in Government Building
    A minister is threatening to cancel the “biggest ever in Europe” pro-Palestinian event, organised by a group allegedly linked to anti-Semites, Islamists, and terror groups, to be hosted in a government building in Westminster.
  • Christian Preschoolers Banned from Saying ‘Amen’, Talking About the Bible
    Children at a Christian preschool in Sweden are no longer allowed to say grace at mealtimes, “Amen”, or talk about the Bible, after a ruling by the Umeå municipality.
  • Pat Buchanan: Deep State Wants to ‘Bring Down’ Trump — Unlike Anything I’ve Seen Since Watergate
    Sunday on New York AM 970 radio’s “The Cats Roundtable,” conservative political commentator Pat Buchanan said there was a “classic struggle” going on in Washington D.C. where the “deep state and its media allies seek to bring down Donald Trump.” “I think we’ve got a classic struggle here, John, between the incoming Trump presidency, which is really embattled in its first five months, and what might be called the Deep State, which is the permanent government in Washington, D.C.,” Buchanan told host John Catsimatidis. He added, “The Deep State and its media allies seek to bring down Donald Trump and reverse the election returns of 2016.” Buchanan went on to say the struggle is “causing a great conflict” in Washington D.C., adding it was “unlike” anything he had seen since the final days of Watergate. Follow Trent Baker on Twitter @MagnifiTrent
  • Report: Democrats Behind ‘Dossier’ That FBI Used to Justify Spying on Trump Associates
    Author Paul Sperry reports that the Senate is probing the partisan nature of a DC opposition research firm which produced a "dossier" on then-presidential candidate Donald Trump in 2016 alleging that he is a secret agent of Russian President Vladimir Putin -- recruited via blackmail with a videotape of Trump and urinating Russian prostitutes.
  • Donald Trump: President Obama Knew About Russia and ‘Did Nothing About It’
    President Donald Trump continued pushing back on the left's obsession with Russian attempts to influence the 2016 election, criticizing former President Barack Obama for failing to respond properly.
  • Bernie and Jane Sanders Lawyer Up as FBI Probes Financial Fraud at Burlington College
    Senator Bernie Sanders (I-VT) and his wife Jane have hired lawyers to navigate the FBI's investigation into alleged financial wrongdoing while Jane was president of Burlington College.
  • Eric Trump: Democratic Party ‘Imploding,’ DNC Chair Perez Is a ‘Nut Job’
    Sunday on Fox News Channel’s “Sunday Morning Futures,” President Donald Trump’s son Eric Trump said the Democratic Party was “imploding” and that the Democratic National Committee chairman Tom Perez was a “nut job.” Trump said, “I don’t exactly think the message being spewed by the media — the mainstream media, most of them — is really resonating all that well. If you look at the Democratic party — and I keep saying it — they’re imploding. They’ve got no leadership. They’ve got no message. If you look at the DNC, the DNC is half defunct.” “They’ve got no money in the bank,” he continued. “They have no operation. You look at the head of the DNC. He is, quite frankly, a nut job. I mean, what is the Democrats’ message right now? I mean, what are they running on? All they’re doing is obstructing. And it’s clearly not working because every race, every special election, my father is winning.” Follow Pam Key on Twitter @pamkeyNEN


Zero Hedge


  • Janet Yellen Discusses Global Economic Issues: Live Feed
    Confused by Yellen's direction? You're not alone. It's not just a state of mind, that's the name of the latest slideshow by the economics team at ING bank... ... which shows how much confusion there is in a market which refuses to agree with the Fed's hiking forecast (for good reason) and which is the biggest question in capital markets these days: will the Fed continue on its aggressive tightening path even without the inflation needed to justify it, or will it do what it did the last time it laid out a tightening plan which promptly imploded in early 2016. Conveniently, in a few minutes Janet Yellen will hopefully address all the lingering open questions when she speaks in London at a conversation forum with Nicolas Stern, who is the President of the British Academy and an economics professor. The topic is 'global economic issues' "Stern and Federal Reserve Board Chair Janet Yellen will have a wide-ranging discussion about global economic issues." The forum will be a moderated question-and-answer session with the audience. As the Fed considers the timing of another interest-rate increase and the start of its plan to wind down its asset holdings, economists are hoping for clarity whether the Fed will remain data-independent as it has been until now (seeing the recent plunge in inflation as transitory), or will she hint that the Fed may abort the rate hiking cycle prematurely once again if the recent economic weakness accelerates. As a reminder, Yellen’s last public remarks were at June 14 press conference in Washington, when she said growth in the U.S. appears to have rebounded. Watch it live in the embed below (click on the link for the live feed). WATCH LIVE: Fed Chair Yellen speaks about the global economy https://t.co/ayKkfL4DtP — Bloomberg (@business) June 27, 2017
  • Why Congress Should Not Ban Cat and Dog Meat
    Via The Daily Bell Finally, Congress is doing something about a serious issue on everyone’s mind; they have introduced a bill to ban dog and cat meat from being sold and eaten in the United States. But wait, isn’t this cultural insensitivity towards those from countries who regularly eat dogs and cats? China is still the most likely country to see dog or cat meat eaten, even hosting a dog meat festival every year. But lately, the festival has been subjected to protests from people who think the practice of slaughtering dogs for meat is inhumane. Some of the pressure to stop the practice has come from the West, but there are also elements within China who think it is wrong to eat animals regularly kept as pets. I’m only half kidding about the cultural differences. In Australia, they eat kangaroos, in Iceland, they eat horses, and all over rabbits are regularly consumed. Is America’s culture so superior that we know for certain we have found the right combination of animals to slaughter for meat? Or is culture an appropriate issue to legislate, enshrining the “American way of life” into law? “We live in a global economy and we live in a very transient society,” [Wayne Pacelle, President of the Humane Society] said. “We need to be morally consistent and ask other countries to act in a way that is consistent with our own policies.” Apparently, America should force the world to align with its cultural standards for meat consumption. It is fine to be against the practice of eating cats and dogs, just as many also protest eating pigs, cows, or any other animal not commonly kept as a pet. But this is still ultimately an opinion. It would actually make more logically consistent sense to be for or against the eating of all animals, or none. But then many people draw a line based on the intelligence of the animal. This means dolphins and chimpanzees are clearly off limits, while fish and chicken are good for munching. But what about those confusing middle ones? Some evidence suggests pigs are smarter than dogs. Can we really say a cat has more intelligence than a cow, or do they simply have more personality–a subjective value judgment? In America, if someone is eating cats and dogs, that is probably a sign that they are in desperate need, and hungry. So the only people that would be ensnared by such a law would be the extremely poor, those with different cultures, or the mentally ill. When we treat cats and dogs as property, that means it is already illegal to steal, kill, or eat someone’s family pet. This is not the issue. Nor is the issue if the cat or dog meat shows up on your plate in a restaurant instead of beef; that would clearly be fraud, and whether you agree with the laws or not, would violate meat processing standards. So all the ways in which the eating of cat and dog meat harms more than your emotions are already illegal. Arbitrary issues like these should not be decided by governments. Otherwise, there is nothing to stop a dominant faction from subjectively banning the slaughter of their favorite animal, as many Indian states have done when it comes to cows. It is not for governments to make this judgment, it is absolutely up to individuals, and the market. If no one is buying dog meat, then no one will be selling it. In fact, a larger issue in more urgent need of redress is the cruelty with which common meat animals are treated. In these cases, the government is complicit through their protectionist regulations and false assurances that they are keeping an eye on the processes. But seriously, how big of a  problem is this really? As cute as they are, shouldn’t people have the freedom to eat cats and dogs if they want? Even though I personally love cats and dogs, and would never want to eat one, I’m not seeing more than a cultural or emotional difference between cows and pigs, versus cats and dogs being eaten. Bills like this are indicative of a larger political problem; no one is addressing real issues. The politicians introduce bills that make people emotional but don’t really matter significantly. The USA could collapse from the debt of almost $20 trillion, but let’s make sure no one is eating cats and dogs. America bombs and wages war on entire regions of the globe, with disregard for human lives lost. The hungry innocent victims left in grinding poverty without a home would surely jump at the chance to eat a stray cat or dog, while the politicians who caused their turmoil sit safely in Washington talking from their pedestal about the inhumanity of eating cats and dogs. If–or when–the dollar crashes and the policies of the U.S. government plunge the world into economic turmoil, we may be singing a different tune on how yummy Mr. Kitty looks.
  • Stocks Sink As Fed's Fischer & Williams Just Rang The Market's Bell
    While the old saying is "they don't ring a bell at the top," we suspect Fed vice-chair Stanley Fischer just came as close as one can without screaming "sell." It's getting clearer that Fed officials are getting concerned about where asset markets are going. *FISCHER: 'NOTABLE UPTICK IN RISK APPETITES' IN ASSET MARKETS *FISCHER: EQUITY P/E RATIOS ARE NEAR TOP OF HISTORICAL LEVELS *FISCHER: HIGH ASSET PRICES MAY LEAD TO FUTURE STABILITY RISKS *FED'S FISCHER SAYS CORPORATE SECTOR 'NOTABLY LEVERAGED' Don't fight The Fed... *FISCHER SAYS IT WOULD BE FOOLISH TO THINK ALL RISKS ELIMINATED *FISCHER CALLS FOR 'CLOSE MONITORING' OF RISING RISK APPETITES Federal Reserve Bank of San Francisco President John Williams just said in an interview on Australian TV that "there seems to be a priced-to-perfection attitude out there” and that the stock market rally "still seems to be running very much on fumes." “We are seeing some reach for yield, and some, maybe, excess risk-taking in the financial system with very low rates. As we move interest rates back to more-normal, I think that that will, people will pull back on that," Williams says Tuesday in Australian Broadcasting Corporation television interview.   “I am somewhat concerned about the complacency in the market. If you look at these measures of uncertainty, like the VIX measure, or other indicators, there seems to be a priced-to-perfection attitude out there”   “The stock market still seems to be running very much on fumes, or is very strong in terms of that, so something that clearly is a risk to the U.S. economy, some correction there, is something that we have to be prepared for, and to respond to, if it does happen”   “The U.S. economy still is doing -- I think on fundamentals -- is doing quite well. So I’m not worried about some kind of late-’90s, dot-com bubble economy where a lot of the underpinnings were driven by the stock market” The question is - will Janet Yellen play dovish good cop to Fischer's and Williams'fear-mongery? Or is The Fed's new policy designed to crack markets?
  • Dan Loeb Scores A Quick Victory: Nestle Announces CHF20 Billion Stock Buyback
    Two days after Dan Loeb announced he had acquired a $3.5 billion position in the world's biggest food company, Nestle, making him the 6th largest holder, and going activist with a list of demands including 1) Improving Productivity; 2) Returning Capital to Shareholders; 3) Re-shaping the Portfolio; and, 4) Monetizing its L’Oréal Stake, moments ago the company responded by effectively conceding on day 2 of the activist campaign, announcing a plan to buyback CHF20 billion in shares by the end of June 2020, and added that in the future "capital spending will be focused particularly on advancing high-growth food and beverage categories such as coffee, petcare, infant nutrition and bottled water," On the buyback, Nestle said that "in the context of low interest rates and strong cash flow generation, share buybacks offer a viable option to create shareholder value. Therefore, as a result of its review, the Board of Directors approved a share buyback program of up to CHF 20 billion, to be completed by the end of June 2020. Should any sizeable acquisitions take place during this period, the share buyback program will be adapted accordingly.   The program is scheduled to start on 4 July 2017. The volume of monthly share buybacks will depend on market conditions but is likely to be backloaded in 2019 and 2020 to allow the pursuit of value-creating acquisition opportunities. Based on current projections, the company expects a net debt to EBITDA ratio of circa 1.5 in 2020. Additionally, Nestle said that "in line with the company’s nutrition, health and wellness strategy, it will also pursue growth opportunities in consumer healthcare. Consistent with a disciplined approach to acquisitions, Nestlé will only prioritise external growth opportunities that fit within targeted categories and geographies, deliver attractive returns, and build on the company’s leadership position in fast growing food and beverage categories." Nestlé’s recent announcement that it would explore strategic options for its US confectionery business is consistent with this overall approach. The company will continue to adjust its portfolio in line with its strategy and growth objectives.   Nestlé will also continue to assess opportunities for margin improvement through targeted efficiency programs that do not undermine the company’s performance in attractive long-term growth categories. The stock, after spiking on Monday, was delighted with the activist investor winning so early in the campaign and rose some more.
  • "Massive Cyberattack" Spreads Across Europe, Hits Ukraine, Russia, UK, Denmark
    Update 3: Germany's Merck also confirms it has been affected by the cyberattack: We confirm our company's computer network was compromised today as part of global hack. Other organizations have also been affected (1 of 2) — Merck (@Merck) June 27, 2017 We are investigating the matter and will provide additional information as we learn more. (2 of 2) — Merck (@Merck) June 27, 2017 * * * Update 2: RUSSIAN CENBANK SAYS AS A RESULT OF ATTACKS THERE HAVE BEEN ISOLATED CASES WHERE IT SYSTEMS INFECTED * * * Update: in addition to the below listed companies, all of which appear to have been targeted in the global cyberattack including Russia's Rosneft and metals giant Evraz, Danish shipper Maersk, UK ad company WPP, the Ukraine central bank, government and airport, more targets are emerging including Norway's national security authority which has said that a Ransomeware attack is ongoing in Norway "similar to the attack on Maersk", while Russia's Home Credit Bank said all domestic branches are closed because of the cyber attack. As the Spectator adds, companies in Spain are also now affected by the cyberattack which appears to be a modification of the "WannaCry" virus, and has been named "Petya." A Moscow-based cyber security firm, Group-IB, said it appeared to be a coordinated attack simultaneously targeting victims in Russia and Ukraine, according to Reuters. * * * Now that CNN is officially out of the "Russia hacking" fake news business, the Ukraine has decided to fill in the void, and moments ago Ukraine's Deputy Prime Minister Pavlo Rozenko said that the government's computer network was down, in what he claimed was a "massive cyberattack", one which has also impacted the central bank, power plant and airport, and promptly blamed Russia for being behind the attack without a shred of evidence. To "prove" the accusation, he posted a picture on Twitter of a computer screen showing an error message. “We also have a network 'down',” he wrote. “This image is being displayed by all computers of the government.” The photo showed his PC displaying a message claiming a disk “contains errors and needs to be prepared”, urging the user not to turn it off. ??-???! ??????????? ??? ?? ???? ??? "????????". ?????? ??????. pic.twitter.com/J2yoPPe37n — Rozenko Pavlo (@RozenkoPavlo) June 27, 2017 According to local press, numerous Ukrainian institutions were hit by a wave of cyber attacks earlier in the day, including banks, the state energy distributor and Kiev's main airport. "We also have a network 'down'," Rozenko said on Facebook. Ukrainian state-run aircraft manufacturer Antonov was among the companies hit, along with state power distributor Ukrenergo, which said the attack did not affect power supplies. According to Bloomberg, Kievenergo, a Ukrainian utility, switched off all computers after the hack, while another power company, Ukrenergo, was also affected, though “not seriously,” the Interfax news service reported. Ukrainian airports and railways are operating as usual, according to the Russian news service. Ukrainian delivery network Nova Poshta halted service to clients after its network was infected, the company said on Facebook. Ukraine’s Central Bank warned on its website that several banks had been targeted by hackers. After the attack, Ukraine quickly went for the empathy points, tweeting a meme from its official Twitter account. “Some of our gov agencies, private firms were hit by a virus. No need to panic, we’re putting utmost efforts to tackle the issue,” the account tweeted. Attached was an infamous "this is fine" gif. Some of our gov agencies, private firms were hit by a virus. No need to panic, we’re putting utmost efforts to tackle the issue ???? pic.twitter.com/RsDnwZD5Oj — Ukraine / ??????? (@Ukraine) June 27, 2017 * * * So who's to blame? Why Russia of course. Speaking to Interfax,the advisor to the Interior Minister of Ukraine, MP Anton Gerashchenko said that "a huge cyber-attack at Ukrainian companies on Tuesday has been organized by Russian intelligence services and it is one of the elements of the hybrid war against Ukraine, "The intrusion is the biggest in Ukraine’s history,” Gerashchenko wrote on Facebook. The goal was “the destabilization of the economic situation and in the civic consciousness of Ukraine,” though it was “disguised as an extortion attempt,” he said. "A huge cyber-attack has been started against Ukraine. It was done under the disguise that it is allegedly a virus… According to the preliminary information, this is an organized system, a kind of training by the Russian intelligence services. The attack aims at banks, media and transport communications," he said on 112.Ukraine TV Channel on Tuesday. One wonders if that preliminary information came from the same FBI that incorrectly claimed the Qatar hack was organized by Russia, when Qatar itself later blamed the "blockade" countries as being behind it. Gerashchenko said that the virus reached computers during several days and even weeks via getting mails. "Today, at 11:00 [the computers] that were affected by the virus in advance were activated. Thus, this is another example of using cyber-attacks in the hybrid war against our country," he said. "I think that soon officers of the SBU, the cyber security department of the National Police will unveil the ways how this virus reached the targets and they propose the options to tackle the problem," he said. * * * Meanwhile, the fall out in Ukraine, which claimed the cyberattacks are a modified version of the "WannaCry" virus, has been extensive with Ukrainian state-run aircraft manufacturer Antonov among the companies reportedly hit, along with state power distributor Ukrenergo, which said the attack did not affect power supplies. The National Bank of Ukraine said an “unknown virus” was to blame, saying several unnamed Ukrainian banks were affected  along with financial firms. “As a result of cyber attacks, these banks have difficulties with customer service and banking operations,” a statement said. “The National Bank bank is confident that the banking infrastructure's defense against cyber fraud is properly set up and attempted cyber attacks on banks' IT systems will be neutralised.” Oschadbank, one of Ukraine's largest state-owned lenders, said some of its services had been affected by a “hacking attack” but guaranteed that customer data was safe. Computers and departure boards at Boryspil International Airport in Kiev – the largest in Ukraine – were also down. “The official site of the airport and the scoreboard with the schedule of flights aren't working!” the airport’s acting director, Pavel Ryabikin, wrote on Facebook. * * * It wasn't just Ukraine however. As The Independent writes, Danish shipping giant Maersk said its IT systems were down across “multiple sites and businesses due to a cyber attack”, although it was unclear whether it was related to the situation in Ukraine. The congolmerate is the largest container shipping company in the world and also operates in the oil and gas sectors. Russia's Rosneft, a government-owned oil firm, also said it was targeted by a “massive hacker attack” on its servers, as was steel maker Evraz. "The cyber attack could lead to serious consequences, however, due to the fact that the Company has switched to a reserve control system, neither oil production nor preparation processes were stopped,” a statement from Rosneft said. British advertising company WPP also said several units were affected by a suspected cyber attack. Or, as Reuters summarizes: SWISS GOV'T AGENCY SAYS UKRAINE, RUSSIA, ENGLAND AND INDIA ARE MOST AFFECTED BY VIRUS, NO INDICATION THAT SWISS COMPANIES AFFECTED SWISS GOV'T AGENCY SAYS THERE ARE INDICATIONS THAT PETYA RANSOMWARE VIRUS IS CIRCULATING AGAIN It was not clear how and why Russian hackers would be able to hack the entire world, Russia included, but that probably does not matter: Ukraine has blamed Russia for repeated cyber attacks targeting crucial infrastructure during the past three years, including one on its power grid that left part of western Ukraine temporarily without electricity in December 2015. Today was just a continuation, and after all the world still demand Russia hacking narratives.
  • Where Is Today's "Rack" Trade?
    Via Global Macro Monitor, Ever have a pairs (spread) trade where both sides were moving against you?  Ouch!  Been there, don’t want to do that.   Well, this is what we call the rack trade  (Kudos to Doug Skrypek for coining the term).   You can usually find these rack trades where the fast money is way offside.   Where is that today, you ask?   Long 10-year T-Notes and short crude oil. Recall earlier this year, the fast money had record shorts in the T-Note at 2.60 percent and record longs in crude oil and $50-55 bbl..   Betting against that crowd would have made you a lot of money. Notes and bonds are down today, which we would attribute to Mario Draghi’s comments that deflation is dead and QE is on its way out the door in Europe. As the economy continues to recover, a constant policy stance will become more accommodative, and the central bank can accompany the recovery by adjusting the parameters of its policy instruments — not in order to tighten the policy stance, but to keep it broadly unchanged. – Mario Draghi,  June 27 We have always held that, with exception of a few times/risks during the post crisis period, deflation, or fear of deflation, has been an urban myth and not rational.  Rents and healthcare costs, probably the two largest components of the consumer basket has skyrocketed since 2009.   The “real” real wage has probably declined more than measured thus contributing  to the punk economic growth. The U.S. economy is far from rolling over, though it has slowed a bit,  and most of the move in the bonds has been technical — the massive short covering over the past few months and the structural shortage generated by global QE leading to a very inelastic supply curve of Treasury notes and bonds.   Traders gaming negative economic news can thus generate outsized moves in bond yields. We love how some argue inflation expectations have come down.   Inflation expectations are measured off a distorted bond yield!  Talk about a circular logic problem. Crude oil is moving higher today, maybe because of the White House’s bellicose announcement on Syria last night,  but we suspect short covering.   The Middle East is blowing up and Syria is probably the biggest and most dangerous quagmire we have ever seen.  Russian and U.S. fighter jets fighting for air space.  Iranians lobbing missiles into Syria.  And the U.S. keeps getting in deeper and deeper. Always dangerous to attribute short-term moves to fundamentals as most are just noise and re-positioning of the fast money crowd. There you have it.  The rack trade, torturing the fast money crowd today.
  • EUR Spikes To 9 Month Highs After Harker Says US "May Be Entering Low Inflation World"
    Draghi's hawkish rellent this morning has led to a wave of position unwinds, and moments ago the EUR spiked as stops were triggered, jumping to fresh a 9 month high of 1.1321. EURO EXTENDS GAINS VS U.S. DOLLAR, HITS FRESH MORE THAN 9-MONTH HIGH OF $1.1321 The rise in the European currency comes less than an hour before Janet Yellen is expected to be likewise hawkish, even though the USD is so far taking on some heavy water, and the weakness may have been accelerated moments ago when Fed's harker suggested that not only could inflation be measured incorrectly, but that it is possible "we are enterting a low inflation world." HARKER: THERE IS AN ACTIVE DEBATE ON WHETHER WE ARE MEASURING INFLATION CORRECTLY, IS POSSIBLE THAT WE ARE ENTERING A LOW INFLATION WORLD HARKER: MAY REVISIT RATE VIEW IF INFLATION MOVES AWAY FROM GOAL HARKER: FACTORED IN NOTHING IN TERMS OF FISCAL POLICY CHANGES Which may means that Europe, with its lethargic GDP, may end up being the fastest growing economy after all. For now, Euro longs are quite happy with this latest shift in sentiment.
  • THe HaCKeR FRoM PLaNeT RuSSKie,,,
  • Warren Buffett Says America Is "So Rich" It Can Afford Single Payer
    In the latest example of a multi-billionaire "knowing" what is best for the average American, Berkshire founder Warren Buffett told PBS that UK-style single-payer healthcare would be the best system for the US. While Buffett admits that he’s “no expert” on health care, that apparently hasn’t deterred him from broadcasting his amateur opinion far and wide. Buffett, the world’s fourth-richest man with an estimated net worth of $73.3 billion, says that America is “such a rich country” that it “can afford” to provide health care to all its citizens. “"With my limited knowledge, I think that probably [single payer] is the best system. Because it is a system, we are such a rich country, in a sense we can afford to do it. But in almost every field of American business, it pays to bring down costs. There's an awful lot of people involved in the medical - the whole just the way the ecosystem worked, there was no incentive to bring down costs." As Buffett explains, US health-care costs have ballooned from 5% of GDP in 1960 to 17% recently, while corporate taxes have fallen. But what Buffett ignores is how increasing regulation – particularly onerous coverage mandates imposed by Obamacare – have been driving this trend. “Well it does. I mean in terms of our competitiveness in the world; health care in 1960 was 5 percent of GDP. And there's only a hundred cents to the dollar. So it's gone from 5 percent to 17 percent. And it keeps going up. Corporate taxes have gone down from 4 percent to 2 percent. So corporate taxes are way less of a factor in American competitiveness than overall business than medical costs." America is home to the world’s largest share of millionaires and billionaires, and they control more than 60% of the economy's total wealth, and that share is expected to surpass 70% by 2021. Meanwhile, financial circumstances for middle- and working-class employees are growing increasingly dire.  What little wage inflation exists in the US economy is attributable to managerial-level, supervisory positions while the bulk of job creation remained with minimum-wage jobs. In fact, as Albert Edwards noted last month, when one strips out the impact of the bosses, average hourly wages are actually shrinking. Rising home prices and rents have pushed the percentage of Americans spending more than half their income on rent to the highest levels seen in decades. To make matters worse, half of Americans are living paycheck to paycheck. All of this is happening against a backdrop of ballooning national debt, which is rapidly nearing $20 trillion, while annual debt service payments, which swelled to $400 billion in 2017, are also surging. Indeed, another tax hike is the last thing the middle class needs. But tell us again, Mr. Buffett, about how rich America is. See below for a complete transcript of the interview: WOODRUFF: "Something that affects all businesses is the cost of health care in this country and you've been vocal about that. You argue right now, in fact, that the cost of paying for health care can affect a company even more than taxes." BUFFETT: "Well it does. I mean in terms of our competitiveness in the world; health care in 1960 was 5 percent of GDP. And there's only a hundred cents to the dollar. So it's gone from 5 percent to 17 percent. And it keeps going up. Corporate taxes have gone down from 4 percent to 2 percent. So corporate taxes are way less of a factor in American competitiveness than overall business than medical costs." WOODRUFF: "As we sit here today in Omaha, the Republicans in Congress are madly trying to figure out what to do to replace ObamaCare, the Affordable Care Act. Do you have a firm idea in your mind what ought to be done about ObamaCare? Everybody acknowledges there's been some problems." BUFFETT: "I think that's way outside of my circle of competence. But I would say this. You can't have that five go to 17 and move on to 20 and 22 or 24 percent, because there are only a hundred cents in the dollar. Health care is gobbling up well over $3 trillion a year. It's just about the same as federal, the federal budget, I mean it's getting up there." WOODRUFF: "Are we now at the point where the country does need to think about some sort of single-payer system in some more or another? BUFFETT: "With my limited knowledge, I think that probably is the best system. Because it is a system, we are such a rich country, in a sense we can afford to do it. But in almost every field of American business, it pays to bring down costs. There's an awful lot of people involved in the medical -- the whole just the way the ecosystem worked, there was no incentive to bring down costs." WOODRUFF: "It sounds like what you're saying with a single payer system it's easier to figure out a way to?" BUFFETT: "More effective, I think." * * * On Monday, Senate Republicans, led by Mitch McConnell, released 'modest' revisions to the "draft" healthcare bill that was dropped last week.  The only substantive change appears to be the addition of a "waiting period" on those who allowed their coverage to lapse for a period of 63 days or more during the prior coverage year. "Starting in 2019, individuals who had a break in continuous insurance coverage for 63 days or more in the prior year will be subject to a six month waiting period before coverage begins.  Consumers will not have to pay premiums during the six month period." Here is a summary of the changes:   Here are the changes in the revised version of the Senate GOP health care bill, just released: pic.twitter.com/hJ0sAQLHkI — Frank Thorp V (@frankthorp) June 26, 2017    
  • BofA Institutional Clients Sell Tech Stocks For 3rd Straight Week
    As tech stocks continue to hit new all time highs, the general assumption is that they are being, well, bought by the broader population even if non-growth stocks remain largely shunned. Well, at least according to Bank of America that is not happening. And it's not just tech stocks. In the latest client flow report from BofA' Jill Hall, we learn that last week, during which the S&P 500 climbed 0.2%, BofAML clients were net sellers of single stocks for the third consecutive week, although the number was almost offset by net buying of ETFs. Institutional clients were the biggest sellers and have now sold stocks the last two weeks, while private clients were also sellers following two weeks of buying. Hedge funds were net buyers for the second consecutive week. Clients bought mid caps for the third week in a row, and sold both large and small caps. Buybacks by corporate clients slowed ahead of quarter-end, and continue to track below typical June levels. As for Tech, it appears thatit goes up the more traders sellit: While hedge funds were buyers of Tech stocks for the second week, institutional and private clients continued to sell Tech stocks for the third and fifth consecutive week, respectively. Quarter-end rebalancing may pose risk to Tech, where mutual funds carry their biggest overweight positioning in our post-2008 data history. Energy and Staples stocks saw net selling by institutional clients, hedge funds and private clients alike last week. No sector saw net buying by all three groups. Pension fund clients were net buyers of US equities for the fourth week, chiefly due to ETFs. Single stock buying was mostly in defensive sectors, while the group’s biggest net sales were in Tech and Energy stocks. See Pension fund flows for deta Some other details: Clients’ biggest net sales last week were in both defensive sectors (Staples, Health Care) and cyclical sectors (Discretionary, Energy and Tech). Only stocks in the bond proxy sectors of Telecom, Utilities and Real Estate – along with the Industrials sector—saw net buying, as interest rates continued to tick downward. Staples—where fundamentals remain challenged—continues to see the longest net buying trend at 11 consecutive weeks, but flow sentiment remains most persistently negative within Health Care, where four-week average flows have been negative since March’16. Telecom has seen four straight weeks of net buying and is the only sector which has seen cumulative net buying year-to-date. Institutional clients were the biggest net sellers, while private clients were also net sellers vs. hedge funds who were buyers. Corporate buybacks continued to slow and remain  below typical June levels. Large and small caps saw net sales while clients bought mid caps. Finally, here is the rolling four-week average trends by sector Net buying: ETFs since early Oct 2016; Industrials since mid-April 2017; Telecom since mid June 2017. Net selling: Health Care since mid-March 2016; Consumer Discretionary since mid- Jan 2017; Tech since early March 2017; Staples since early April 2017; Materials since early May 2017; Telecom since late May 2017; Real Estate (not shown; data since Sept. 2016) since mid June 2017; Financials since mid-June 2017. Notable changes in trends: Energy is now back to seeing net selling after a brief period of buying; Utilities is now seeing net buying after sales since early May ‘17.


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  • New cyberattack causes mass disruption in Europe
    PARIS (AP) -- A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe, hitting Ukraine especially hard....
  • Pentagon: 'active preparations' by Syria for chemical attack
    WASHINGTON (AP) -- The Pentagon on Tuesday said it detected "active preparations" by Syria for a chemical weapons attack, giving weight to a White House statement hours earlier that the Syrian government would "pay a heavy price" if it carried out such an attack....
  • Ruling in travel ban leaves myriad questions unanswered
    WASHINGTON (AP) -- The Supreme Court's decision to partially reinstate President Donald Trump's temporary travel ban has left the effort to keep some foreigners out of the United States in a murky middle ground, with unanswered questions and possibly more litigation ahead....
  • Mike Lee 5th GOP senator against starting health bill debate
    WASHINGTON (AP) -- Utah's Mike Lee became the fifth Republican senator Tuesday to oppose even beginning debate on the GOP's foundering health care bill, tossing another hurdle in the path of party leaders who've hoped the Senate would approve the measure this week....
  • Google hit with record fine by EU, told to change its ways
    BRUSSELS (AP) -- After a seven-year legal battle, European authorities came down hard on Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own businesses, fining the tech giant a record 2.42 billion euros ($2.72 billion) and raising the prospect of more....
  • Inmate: I strangled prisoners to try to land on death row
    COLUMBIA, S.C. (AP) -- One by one, Denver Simmons recalled, he and his partner lured inmates into his cell. William Scruggs was promised cookies in exchange for doing some laundry; Jimmy Ham thought he was coming to snort some crushed pills....
  • Minor New York City subway derailment causes outage, delays
    NEW YORK (AP) -- A subway train derailed near a station in Harlem on Tuesday, frightening passengers and resulting in a power outage as people were evacuated from trains along the subway line....
  • Ten Commandments monument installed at Arkansas Capitol
    LITTLE ROCK, Ark. (AP) -- Workers have installed a Ten Commandments monument outside Arkansas' Capitol, two years after lawmakers approved a measure permitting the statue on state grounds....
  • UN: Colombia disarmament process for individual arms ends
    MESETAS, Colombia (AP) -- The United Nations says it has concluded the disarmament process for individual arms as part of a peace deal between Colombia's leftist rebels and the government....
  • Trump takes another swipe at CNN following resignations
    NEW YORK (AP) -- President Donald Trump used the resignations of three CNN journalists involved in a retracted Russia-related story to resume his attack on the network's credibility Tuesday....


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  • The Finance 202: As health-care bill teeters, GOP donors eye a tax rewrite on deck - Washington Post
    Washington PostThe Finance 202: As health-care bill teeters, GOP donors eye a tax rewrite on deckWashington PostTHE TICKER. Senate Majority Leader Mitch McConnell (R-Ky.). (AP/J. Scott Applewhite). Senate Majority Leader Mitch McConnell knows a lengthy process sours public support for a major legislative undertaking. People don't like to watch the ugly ...Republicans Struggle to Marshal Votes for Health Care BillNew York TimesOPINION: Destroy McConnellCare, RyanCare and TrumpCare travestiesThe Hill (blog)Senate health care state of play: 'Hanging by a thread'CNNNBCNews.com -Fox News -ABC News -HuffPostall 10,900 news articles »
  • Massive cyberattack hits Europe with widespread ransom demands - Washington Post
    Washington PostMassive cyberattack hits Europe with widespread ransom demandsWashington PostMOSCOW — A new wave of powerful cyberattacks hit Europe on Tuesday in a possible reprise of a widespread ransomware assault in May that affected 150 countries, as Ukraine reported ransom demands targeting the government and key infrastructure, ...Ransomware virus hits computer servers across EuropeReutersA new ransomware attack is infecting airlines, banks, and utilities across EuropeThe VergeNew ransomware outbreak reported all over worldThe HillPolitico -Gizmodo -NPR -Adweekall 156 news articles »
  • John McEnroe on Serena Williams: 'If she played the men's circuit she'd be like 700 in the world' - Los Angeles Times
    Los Angeles TimesJohn McEnroe on Serena Williams: 'If she played the men's circuit she'd be like 700 in the world'Los Angeles TimesSerena Williams is the greatest women's tennis player ever. But she would rank between Brazil's Wilson Leite and Egypt's Issam Haitham Taweel if she played the men's circuit. That's basically what men's tennis legend John McEnroe said during an ...Serena Williams vs. John McEnroe: It's game, set, match Serena with a nude Vanity Fair cover to bootWashington PostWhen Reddit's Alexis Ohanian met Serena Williams: he wasn't sure it was herThe Mercury NewsJohn McEnroe refuses to apologize, mocks Serena Williams 'ranked 700' controversyUSA TODAYSyracuse.com -ESPN -NOLA.com -E! Onlineall 469 news articles »
  • US Has Seen Chemical Weapons Activity in Syria, Pentagon Says - New York Times
    New York TimesUS Has Seen Chemical Weapons Activity in Syria, Pentagon SaysNew York TimesA child receiving treatment at a hospital in Khan Sheikhoun, Syria, after a nerve agent was used in an attack in April. The White House has accused the Syrian government of preparing a new chemical attack. Credit Omar Haj Kadour/Agence France-Presse ...The Latest: Assad tours Russian military base in SyriaWashington PostUS says it saw preparations for another Syrian chemical attackReutersPentagon says it has detected "active preparations" by Syria for chemical attackCBS NewsThe Hill -Business Insider -BuzzFeed News -Miami Heraldall 675 news articles »
  • Live updates on Redstone Arsenal lockdown: 'Run, hide, fight' order issued, possible active shooter reported - AL.com
    AL.comLive updates on Redstone Arsenal lockdown: 'Run, hide, fight' order issued, possible active shooter reportedAL.com11:28 - Checks in place for childcare center on on Redstone Arsenal. All children are locked in place, are safe, officials said. 11:12 a.m. From Alabama Gov. Kay Ivey's office. My office is being updated about the situation @TeamREDSTONE I will ...Possible active shooter, lockdown in effect at Redstone ArsenalArmyTimes.comAlabama military base on lockdown following reports of an active shooterBusiness InsiderArmy installation in Alabama locked down over 'possible active shooter'Fox NewsWashington Post -New York Daily News -Washington Examiner -NBC Chicagoall 73 news articles »
  • The Latest: 34 hurt in NYC derailment; none life-threatening - Washington Post
    Washington PostThe Latest: 34 hurt in NYC derailment; none life-threateningWashington PostNEW YORK — The Latest on a Harlem subway derailment (all times local):. 12:30 p.m.. Fire officials say 34 people have suffered non-life-threatening-injuries from a Harlem subway derailment that frightened passengers and resulted in systemwide delays.Subway car derails, disrupts train service in NYCCBS NewsNYC subway derailment injures at least 7Fox News17 People Hurt After A Train Derails Near 125th Street, Officials SayDNAinfoNew York Times -U.S. News & World Report -Business Insider -New York Postall 62 news articles »
  • Trump renews attack on 'Fake News CNN' after retraction - Washington Post
    Washington PostTrump renews attack on 'Fake News CNN' after retractionWashington PostPresident Trump resumed beating his “fake news!” drum Tuesday, going off on CNN after the network retracted a story about alleged ties between Trump's allies and Russia. Three CNN journalists who had been involved in the story resigned after the ...New O'Keefe video shows CNN producer calling Russia coverage 'mostly bull----'The HillDonald Trump Tears Into CNN Over Retracted Russia StoryHuffPostThe Latest: CNN tweets a correction at TrumpABC NewsSyracuse.com -NewsBusters (press release) (blog) -Washington Examiner -Salonall 315 news articles »
  • Poll: Little Global Confidence in President Trump on Foreign Affairs - NBCNews.com
    NBCNews.comPoll: Little Global Confidence in President Trump on Foreign AffairsNBCNews.comWASHINGTON — The reviews from around the globe are in and they show scant confidence outside the United States in President Donald Trump's ability to do the right thing on international affairs, with fewer than 3 in 10 respondents expressing ...The 4 most brutal numbers in that poll showing the world hates TrumpWashington PostTrump's new foil: a silent Barack ObamaCNNEurope's once-positive worldview of US slips under TrumpLos Angeles TimesThe Hill -Reuters -USA TODAY -TIMEall 120 news articles »
  • Justices to Hear Case on Religious Objections to Same-Sex Marriage - New York Times
    New York TimesJustices to Hear Case on Religious Objections to Same-Sex MarriageNew York TimesJack Phillips explains his reasons for refusing to make a cake for a same-sex wedding. By Mike Shum and Ashley Maas on Publish Date December 15, 2014. Photo by Matthew Staver for The New York Times. Watch in Times Video ». embed. WASHINGTON ...Sports betting bill trackerESPNNew Jersey Gets US Supreme Court Hearing on Sports-Gambling BidBloombergUS Supreme Court agrees to hear NJ sports betting caseNJ.comFox News -Washington Times -NBC Southern California -NorthJersey.comall 554 news articles »



The Free Speech Wars Have Begun

 


Horoscopes are Cancer

Buzzfeed is Cancer

CNN is Cancer

MTV is Cancer

Feminism is Cancer

Is Cancer


I have not been observing @MeTV  OTA (Over The Air) whatsoever the last month or so since @KLAXTV’s transmitter went to low power due to lightening strike.

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A World Mix of Headlines

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The Electronic Civil War is the Battle Of Our Times


“For those in the conservative movement to think that you’re going to change minds only by preaching to the choir, you don’t understand how media works. So that’s probably the most potent weapon out there is to go fight the fire, go towards the fire.” – Andrew Breitbart


Righteous Indignation: Excuse Me While I Save the World!


Hating Breitbart


The army of the emboldened and gleefully ill-informed is growing.


It’s a democracy, and the reason why the conservative movement loses is because it believes that it is elite, that the smartest in its midst who have gone to the right schools and who have worked at the right think tanks and have the right opinions and the right friends can run it for the rest of America. That’s why I’m a Tea Party adherent over a Republican or conservative establishment adherent.


My goal is to try to weaponize the American people, try to weaponize the conservative movement, try to weaponize the underground conservative Hollywood movement, to weaponize as many people in the center-right country to try to rectify a generation-plus long problem that has been absolute media bias, absolute media used by the Democratic Party as a tool to defeat conservatives



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