How Politics Poisoned The Economy

How Politics Poisoned The Economy

Authored by Bonner & Partners' Bill Bonner, annotated by Acting-Man's Pater Tenebrarum,

Deep State in Control

What is going on in the markets? Well, nothing much. The U.S. stock and bond markets have been as dull as a teetotaler’s funeral. No dancing. But no teary breakdowns, either.

 

S&P 500 Index and the long term (20 yr. +) bond ETF TLT – both have weakened recently, but not dramatically (at least not yet) – click to enlarge.

 

US, NATO Deploy Troops Towards Russia

NATO and the US have deployed troops to the Western borders of Russia in an attempt to provoke the country into war.  Russian Defense Minister, Sergey Shoigu, warned that the buildup NATO’s offensive capabilities on Russia’s borders will result in a decidive military response from Moscow. “Those actions undermine strategic stability and are forcing Russia to take reciprocal defensive measures, including some in the Western theatre,” the defense minister said.

India, Pakistan Withdraw Diplomats Amid Looming Nuclear War

India and Pakistan are withdrawing all of their diplomats from each other’s countries as the risk of nuclear war looms.  According to Vikas Swarup, the spokesman of the Indian Ministry of External Affairs, New Delhi has withdrawn eight diplomats stationed in Islamabad due to the escalating tensions between the two countries. Presstv.com reports: The Indian official said the main reason for the withdrawal was their identification in the local media as suspected spies. “They have put in the public domain eight names and six of these people went today.

Obama Asks African Americans To Support Clinton

The African American turnout for Democratic presidential nominee Hillary Clinton has been less than “solid” among early voters, US President Barack Obama said Obama said early voting is up among Hispanics, but not among black voters. During an appearance on the Tom Joyner Morning show on Wednesday, Obama said he was satisfied with the Hispanic vote but African American communities need to show more support for Clinton.

DOJ Responds To Kadzik's Email To Clinton Campaign; Finds Nothing Wrong

After the revelation that the DOJ's assistant attorney general, Peter Kadzik, was exposed as sending information about upcoming DOJ events to his friend, Clinton Campaign Chairman John Podesta, from a private, non-government gmail account, many were confused, asking if this is i) legal and ii) grounds for termination, if not criminal proceedings.

As a reminder, on May 19, 2015, from his personal gmail account, Peter Kadzik emailed the gmail account of John Podesta (who then promptly forwarded it onward to everyone on the Clinton campaign) the following:

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