Connecting the dots on global arrests

The global arrests of seemingly disparate individuals and international probes of banking corporations have been adding up over the last two weeks to show a more common thread.

Deutsche Bank and Danske Bank have been at the center of these financial probes with investigators seizing hordes of documents.

A global money laundering operation appears to be investigators’ focus. Illegal dealing with Iran and Russia outfits — despite sanctions existing to bar the banks from doing business with these rogue actors — is the initial reason for these probes.

Now it appears the individuals on the other side of the dealings are very well-known American and European billionaires working at the urging of once powerful political leaders from the EU and US.

We will have to wait until Dec. 13 for US Attorney John Huber’s congressional update of his Clinton Foundation investigation. His testimony was pushed back due to the funeral of ex-president George HW Bush.

On Wednesday Sabrina Meng, CFO and daughter of the founder of Huawei, the Chinese telecommunications giant, was arrested in Vancouver at the urging of the US Justice Department. The feds allege Huawei was dealing with Iran violating the sanctions.

That’s the initial charges, but it probably goes much deeper.

We also have Saudi leader Prince Mohammed bin Salman’s troubles appear to be wrapped up in this global financial upheaval. Whether he gave the order to kill Jamal Khashoggi as the initial charges have been made, will probably never be prosecuted and if charged will not be prosecuted.

Look at the fear and loathing in the stock market. The Dow plunges 800 points on Tuesday and appears to be looking at shedding another 500 points on Thursday’s open.

I am not buying the China tariff war as the culprit for this sell off. It appears that large selling by institutional investors, which cater to moneyed individuals. There appears to be a great need to be liquid at this time. The economic numbers being put out by the feds do not warrant a fear or panic in the market.

With great change, comes some pain and we may be at the beginning of something huge about to break.

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Western Europe rioters rejecting globalist agendas, chanting “We want Trump”

Quite a weekend with the death of former President George HW Bush. But I want to focus on the events that are getting little coverage here in the US.

Western Europe is exploding. Rioting in Paris over President Emmanuel Macron’s economic policies, which favors rich Parisians versus the people living in the countryside.

TV reports showed protesters chanting. “We want Trump,” while marching amongst burning cars.

Smaller but widespread rioting is taking place in Brussels and Germany with no reports in major media.

While western media point to Macron raising gas prices to combat environmental concerns of the rich, which don’t rely on their cars as much as the underlying cause of the protests.

The gilets jaunes or “yellow vests” crowd marched on the Arc de Triomphe and ironically set fire to dozens of cars harkens back to the Revolution Vive La Resistance that ultimately brought about Bastille Day and then end of royalty in France.

The French Revolution came about because of a tone-deaf monarchy raised taxes on basic food staples like bread and cheese of the citizenry. The suburban and rural population need to be able to travel by car, since the government has neglected to develop provincial alternate travel.

To raise the French Revolution is not out of the blue or purple actually, since the liberal left attempted to stage its own version of Revolution — Vive La Resistance — against President Trump in the run-up to the 2012 presidential election.

However the next two days in Washington will be about getting information to prosecute the resistance movement of Democrats conspiring to work against Trump getting elected.

Monday we have former Obama Attorney General Loretta Lynch and Tuesday ex-FBI Director James Comey testifying before House committees on the abuses of the FISA court.

Federal attorney John Huber was slated Wednesday to update the House committee on his investigation of the Clinton Foundation, but that will need to be rescheduled since it’s the Federal holiday to mourn the death of President Bush.

Vive la difference between western Europe and the US. America has Donald Trump in the White House and the rioters have a Hillary Clinton-type leader, who have a globalist agenda, which screws the population and they have had enough with that.

Globalists hate the idea of nationalism

President Trump when talking about the caravan and his moves to defend the southern border with Mexico recently stated:

“You know they have a word, it sort of became old-fashioned, it’s called ‘nationalist.’ And I said, really? We’re not supposed to use that word. You know what I am? I’m a nationalist, OK? I’m a nationalist.”

At the commemoration of the 100th anniversary of Armistice Day marking the end of World War I over the weekend French President Emmanuel Macron said this in regards to President Trump’s statement :

“Patriotism is the exact opposite of nationalism. Nationalism is a betrayal of patriotism by saying ‘our interests first, who cares about the others.’ We erase what a nation holds dearest, what gives it life, what makes it grace, and what is essential – its moral values.“

What is the alternative to nationalism and why has that word taken on such a negative connotation?

The definition of nationalism from a political standpoint is: A political, social, and economic system characterized by the promotion of the interests of a particular nation, especially with the aim of gaining and maintaining sovereignty over the homeland.

The first synonym is patriotism.

The flip side of nationalism is globalism, which Macron and other EU member leaders must need to subscribe to since they cannot defend their borders from what Brussels dictates to them.

Macron, Merkel et al have lost their sovereignty to unelected officials dictating policies of what France or Germany et al will do. Think of the refugees changing the face of Europe.

When does nationalism turn into an extreme form marked by a feeling of superiority over other countries? When the native citizens begin to feel powerless over dictates that they have no recourse from these rules affecting their lives.

Macron may be too young to remember — perhaps he should ask his wife — how American troops freed the French from occupation during the two world wars, since their patriots were unable to defend their homeland.

Now of course Brussels is quite worried that Trump’s tariffs will correct the many years that the EU took advantage of loop-sided US trade policies. So they sent their French puppet out to take a jab at the American president.

President Trump should remember you only take flak when you are over the target.

Divided government doesn’t have to be divisive

Welcome to 2018 AM — after midterms.

The House of Representatives goes to Democratic control, but by a smaller majority than is usually accomplished by the party not in the White House in the midterm election.

The Republicans, however, gained further control of the Senate, which is where many of the ongoing investigations that began in the House of the intelligence agencies will move to in January.

Given that the blue wave was somewhat muted, The Dems should think about bringing in some fresh blood in its leadership roles. Moderates, who will be around in the next 10 years and ran on something more than being anti-Trump. If not, and the plan is to be obstructionist, then we could easily see a reversal in two years.

If the Dem leadership pursues impeachment hearings against President Trump and or Supreme Court Associate Justice Brett Kavanaugh, which will go nowhere since the Republicans control the Senate, then it will be a long, unfruitful two years of gridlock.

Something that the country will endure, but it will not improve the economy or anyone’s lives. The markets like divided government since very little regulation comes out of it, but people’s lives suffer, since little in the way of benefits come to light either.

So we move on and see what can be finished with this session of Congress and more importantly, what Special Counsel Robert Mueller has to say about the 2016 presidential election.

Election Day will be glorious

Election Day is upon us and just as if it was the 2016 presidential election, the pollsters are all in agreement the Democrats will win the House majority.

They believe they can never lose.

The political website ­FiveThirtyEight tabulated that Democrats have an 87.5 percent chance of winning back the House. Mind you this is the same website, run by Nate Silver,  that said Hilary Clinton had a 95%+ chance of winning the White House the day before the election.

As I wrote over the weekend, I see the Democrats winning their existing seats by a larger margin as voters in the darker blue states come out in bigger numbers to vote. However in the vast majority of the interior of the US, the Republicans will retain their seats and control of the House.

Putting aside the anti-Trump wing — or majority — of the Democratic Party, most people vote with their pocketbook. Wages and job growth are two important data points for any American to disregard.

If the Democrats had an economic plan for the future, then I have not heard it put forth by any candidate running in my area. That includes New York state Governor Andrew Cuomo.

Lots of additional spending to buy votes, but no concrete plans on how to pay for it. The old tax and spend playbook.

My election night coverage is usually spent watching the stock futures market, since there is huge money being “wagered” on the outcome and they have the best unbiased polling data in the country.

So my hope for this Election Day is the peaceful civic responsibility of all Americans to get out and vote and somewhere around 10 pm Tuesday night we should know what the next two years will be.

I believe it will be glorious.