Assessment: Republican Jay Powell is under heavy political pressure as the progressive left urge Joe Biden not to nominate Powell as Fed Chair.
Is this the beginning of the end? Or the end of the beginning of the real big end? While the FOMC statement did not explicitly “talk taper”, the dots suggest a Fed that is more hawkish than before… but whatever you do, don’t interpret that as ‘tightening’.
“And do not harm the oil and wine” Rev. 6:6
Fed Chair Jay Powell has some dancing between the raindrops to do today: avoid being cornered on firing Rosengren and Kaplan; avoid suggesting the economy is doing ‘too well’, avoid saying the economy is not ‘doing well’; avoid being forced to express his views on when and how long any tapering of The Fed’s purchases will be…
Assessment: The phony hysteria designed to criticize law enforcement is over reins that are used to control the horse not whip people …
The White House on Monday criticized the use of horse reins to threaten Haitian migrants after images circulated of a U.S. border guard on horseback charging at migrants near a riverside camp in Texas.
BREAKING: Kamala Harris calls for investigation into Biden Admin handling of illegal Haitian migrants https://t.co/8KzE2mWfhC
The mostly Haitian migrants in recent days have been crossing back and forth between Ciudad Acuna in Mexico and the sprawling camp across the border in Del Rio to buy food and water, which was in short supply on the U.S. side.
PBS's Yamiche Alcindor, CNN's April Ryan, and McClatchy's Bryan Lowry freak out at Jen Psaki over how the U.S. border officials are the REAL bad guys in this border crisis b/c of video they claim shows them riding horseback to corral Haitians and using whips pic.twitter.com/Eb31jOek1p
Reuters witnesses saw mounted officers wearing cowboy hats blocking the paths of migrants, and one officer unfurling a cord resembling a lariat, which he swung near a migrant’s face. Read More
Assesssment: American reporters tried to ask Biden about the immigration crisis at the U.S.-Mexico border — which has been overwhelmed by masses of incoming Haitian refugees — the president’s aides exploded in loud exclamations, shouting “thank you” over the attending journalists before hastily escorting them out of the room.
Daily Caller: White House aides shouted down American pool reporters who attempted to ask President Joe Biden about the crisis at the southern border, multiple videos of the Tuesday event show.
Biden held an Oval Office meeting Tuesday with U.K. Prime Minister Boris Johnson to discuss the bilateral trading relationship and dangers of climate change, Reuters reported.
Johnson suggested taking questions from the press, and two British journalists were given such an opportunity, according to CBS’ Ed O’Keefe who was in the Oval Office Tuesday.
CBS News' @EdOkeefe reports that during Pres. Biden's bilateral meeting with British PM Boris Johnson, U.S. press questions about the southern border were shouted down by White House aides. The president's answer was undecipherable. pic.twitter.com/MeXVTcFEBX
Assessment: Dalio insisted the cryptocurrency has an “imputed value, not an intrinsic value.” If Bitcoin is successful, it will be worth “a lot more” than it is now (that is, assuming the government doesn’t “kill” it).
Zero Hedge: A few days ago, Bridgewater’s Ray Dalio sat for an interview with CNBC and declared that “cash is still trash”, and that governments will conspire to “kill” bitcoin if it ever does become a legitimate threat to the greenback. Just one day later, US stocks suffered their worst single-day drop since May.
” … “A quart of wheat for a [b]denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine'” Rev. 6:6
On Tuesday, with every investor and Wall Street research department focused on the situation at Evergrande, Dalio sat for an interview with Bloomberg where he once again tried to reassure investors that there’s “nothing to see here” in China, where Dalio has made large investments, not just with the money belonging to Bridgewater’s clients, but with his own personal fortune.
Dalio’s message was pretty clear: “Evergrande’s debt crisis “is all manageable…Investors will be stung – that’s how it works,” Dalio said in an apparent reference to the thousands of Chinese mom-and-pop investors who have gone full ‘torches and pitchforks’.
Ultimately, even if Evergrande defaults (which, as we learned Tuesday morning, it already has) Dalio says “the system” will be protected “because it’s denominated in its own currency.” Read More
Assessment: Conservative radio host Glenn Beck announced Monday that his NGO and several partner NGOs were working with Pakistan’s government to negotiate with the Taliban and secure those flights’ release
Breitbart: President Joe Biden claimed, Tuesday, in a speech to the United Nations, that the United States has “turned the page” on the war in Afghanistan, even as dozens — and perhaps hundreds of Americans remain trapped behind enemy lines with the State Department unable to gain leverage over the Taliban to ensure evacuations.
“Even though I walk through the valley of the shadow of death, I will fear no evil, for you are with me; your rod and your staff, they comfort me.” Psalm 23:4
“We stand, in my view, at an inflection point in history. And I’m here today to share with you how the U.S. plans to stand with partners and allies in answering these questions,” Biden said, apparently directly addressing concerns from coalition partners raised following his administration’s decision to leave Afghanistan on a self-imposed timeline.
I stand here today for the first time in 20 years with the United States not at war. We’ve turned the page,” Biden claimed.
There are also thousands of coalition allies, green card holders, and Afghans with special immigrant visas still in Afghanistan with no timeline for evacuation.
According to National Review’s Jim Geraghty, the situation is dire for those left behind.
Breitbart: The far-left Democrats forced out provisions to fund Israel’s Iron Dome from the continuing resolution (CR) that would keep the government funded and raise the debt ceiling, according to reports.
Rejoice and be glad, O daughter of Edom, that dwellest in the land of Uz; the cup also shall pass through unto thee: thou shalt be drunken, and shalt make thyself naked.” Lam. 4:21
According to Army Technology, “Iron Dome provides defence[sic] against short-range missiles and rockets which pose a threat to the civilian population,” such as those fired from Gaza earlier this year.
Due to there not being enough votes to pass the CR as a result of pushback from far-left Democrats, a Politico reporter claimed that House Democrats were forced to remove the Iron Dome provisions to pass the measure.
Before the provisions were taken out, reportsconfirmed that far-left Democrats told the Democrat leadership they would not vote for the bill if it included the $1 billion funding for the Iron Dome, which caused the Rules Committee to go into recess.
The CR has been revised with the Iron Dome provision taken out. Read More
Assessment: The Taliban are sitting on $1 Trillion worth of minerals the world desperately needs
And Magazine: In Washington Joe Biden and company want you to move on from the Afghan debacle. ‘Nothing but a bump in the road. The endless wars are behind us. Smooth sailing ahead.’
“But news from the east and the north shall trouble him; therefore he shall go out with great fury to destroy and annihilate many.” Daniel 11:44
Nothing, of course, could be further from the truth. Ending our obsession with ruinous nation-building is a positive thing. Surrendering a strategic area to our greatest enemies and allowing ourselves to be humiliated before the world is something else again. We have not ended anything. We have guaranteed much greater problems in our future.
AND Magazine has learned from its sources in Afghanistan that only days ago an Iranian delegation arrived at Kabul airport. It was composed of Iranian geology and mining experts. These individuals along, with similar experts from Pakistan and China, then left Kabul to inspect uranium mines in Afghanistan.
The group will visit Logar, Badakhshan, and Helmand provinces. The goal of the trip is to determine which locations can most easily be exploited to produce uranium. The focus will be on determining which sites allow most easily for the creation of the necessary infrastructure to allow for the extraction of uranium on a large scale.
The Iranians are moving to exploit the chance to access Afghan uranium deposits on an accelerated timeline, because of concern that the Taliban regime may ultimately prove unstable.
Separately, Iran admitted earlier this week that it had removed several surveillance cameras installed by U.N. nuclear inspectors at a centrifuge assembly site. This suggests that Iran intends to proceed with the building of additional centrifuges for the enrichment of uranium and does not want the world to be able to monitor that activity. Read More
Assessment: Plans for ministers from Britain, China, France, Germany and Russia to meet with Iran at the UN this week were scuttled. The nations had hoped to revive talks over the 2015 nuclear deal.
JPost: Ministers from Britain, China, France, Germany and Russia will not meet with Iran at the United Nations this week to discuss a return to nuclear deal talks, European Union foreign policy chief Josep Borrell told reporters on Monday.
“You and all your troops and the many nations with you will go up, advancing like a storm; you will be like a cloud covering the land.” Ezekiel 38:9
Diplomats were tentatively planning for a ministerial meeting of the parties to the 2015 nuclear deal on Wednesday on the sidelines of the annual UN gathering of world leaders.
“Some years it happens, some years it doesn’t happen. It’s not in the agenda,” said Borrell, who acts as coordinator for the nuclear deal – known as the Joint Comprehensive Plan of Action (JCPOA). Read More
Assessment: Team Biden is rightly concerned about how the UN speech may go, and no one will be there to cut the mic. UN Ambassador Linda Thomas-Greenfield came to the rescue with the most absurd cop-out possible.
PJ Media: President Joe Biden will speak to the UN General Assembly on Tuesday. If the past is any indication, the chances of a major blunder are high. Biden also tends to be more than a little petulant when things are not going well. As CBS’s Ed O’Keefe pointed out, nothing has gone well for the Biden administration in the last few weeks.
“It is an abomination to kings to do evil, for the throne is established by righteousness” Proverbs 16:12
The president has departed for New York and #UNGA. The markets are sliding; the French are furious; an unprecedented wave of mostly Haitian immigrants is at the southern border; Dems are feuding over his domestic agenda… and twice today
O’Keefe’s tweet doesn’t cover the Americans and greed cardholders left in Afghanistan, the Pentagon admitting that they droned an aid worker and seven children in Kabul, or the COVID-19 booster shot fiasco. Team Biden is rightly concerned about how the UN speech may go, and no one will be there to cut the mic. UN Ambassador Linda Thomas-Greenfield came to the rescue with the most absurd cop-out possible.
In a press conference Friday, she said, ‘We are concerned about the U.N. event being a superspreader event, and that we need to take all measures to ensure that it does not become a superspreader event.” During the presser, she also said Biden’s attendance at the meeting would be short due to the pandemic precluding opportunities for many meetings during the General Assembly. Read More
