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Oliver Stone Rages Against The Deep State's "Wonderful Job Of Throwing America Into Chaos"

Oliver Stone Rages Against The Deep State's "Wonderful Job Of Throwing America Into Chaos"

In March of last year, Academy Award-winning director Oliver Stone warned the world:

"we're going to war - either hybrid in nature...or a hot war (which will destroy our country). Our citizens should know this, but they don't because our media is dumbed down in its 'Pravda'-like support for our 'respectable', highly aggressive government."

Exxon Seeks Russian Sanctions Waiver To Work With Rosneft

Exxon Seeks Russian Sanctions Waiver To Work With Rosneft

Just as the "puppet of Putin" narrative had gone quiet - following Trump's Tomahawk-ing a largely abandoned airfield in Syria - it appears the Russia-linkages stories are about to get restarted. WSJ reports that Exxon Mobil has applied to the Treasury Department for a waiver from U.S. sanctions on Russia in a bid to resume its joint venture with state oil giant PAO Rosneft.

 

Trump Mulling Reneging on Another Campaign Pledge, Thanks to Ivanka and Jared Kushner

The global warming activist democrats in Trump's White House, led by Ivanka and Jared Kushner, are trying to convince the President to reneg on yet another campaign pledge, against the advice of Steve Bannon.

According to Bloomberg, a pro Paris bloc in his administration, which targets greenhouse emissions, is recruiting energy companies to lobby the President to remain in the controversial agreement that he specifically said was a waste of money during the campaign.

Plunging Used Car Prices Wreak Havoc On Rental Car Bondholders

Plunging Used Car Prices Wreak Havoc On Rental Car Bondholders

Once hedge fund darlings, almost no one is more perfectly aligned to get obliterated by falling used car prices than America's auto rental companies, Hertz and Avis.  As Bloomberg notes today, on a combined basis, Hertz and Avis dump about 400,000 vehicles per year into the used car market and operate fleets that are multiple times larger. 

And with used car prices plunging, bondholders are starting to get slightly anxious about the collateral impact of writing down billions of dollars worth of capital assets.

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