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Will The Swamp Swallow Trump?

Will The Swamp Swallow Trump?

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

Permanently Skewed

TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle.

 

Lieutenants in Trump’s army: Bannon, Flynn & Sessions

 

EU / Russian Thaw Hits A Media Iceberg

Submitted by Tom Luego via PlanetFreeWeil.com,

The EU Parliament has approved a Polish MP’s bill to counter Russian news sources’ “propaganda.”  Among those listed are RT and Sputnik news agency.  This is yet another example of push-back from Western elites over the loss of the U.S. presidency and potential thawing of Russian / European relations under a Trump administration.

The vote passed with less than a majority of the EU Parliament’s 691 members, thanks to 208 abstentions.  The bill garnered only 304 votes.

Kellyanne Conway Tweets She Is "Receiving Deluge Of Warnings Against Romney As Sec Of State"

In a peculiar update on Thursday morning, just around 9am Eastern, Trump's former campaign manager and current transition aide, Kellyanne Conway, tweeted that she is "Receiving deluge of social media & private comms re: Romney Some Trump loyalists warn against Romney as sec of state."

Europe Votes To Suspend Turkey EU Accession Talks, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

Europe Votes To Suspend Turkey EU Accession Talks, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

It was another painful day for Turkish Lira longs.

Earlier today, in response to the broader USD strength overnight, the Turkish currency dropped to new record lows, sliding to 3.4214 and losing 10% of its value since the central bank's last meeting in October, before the Turkey’s central bank unexpectedly raised its one-week repurchase and overnight lending rates for the first time in almost three years, prompted by the crashing lira's impact on inflation, overriding Erdogan's recurring demands for lower borrowing costs.

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