presidential election

Submitted by Charles Hugh-Smith via PeakProsperity.com,

In the modern era, the phrase Class War is rooted in the socialist/Marxist concept that the conflict between labor (the working class) and capital (owners of capital) is not just inevitable - it’s the fulcrum of history.  In this view, this Class War is the inevitable result of the asymmetry between the elite who own/control the capital and the much larger class of people whose livelihood is earned solely by their labor.

US authorities have arrested a Mexican woman who has admitted to committing voter fraud during last year’s presidential election. The woman from Dallas, Texas may face an 8-year prison sentence and face deportation after she voted, despite not being a U.S. citizen. According to CBS: The family of a woman convicted of voter fraud is speaking out after a Tarrant County jury sentenced her to eight years in prison.

Authored by Van R. Hoisington and Lacy H. Hunt, Ph.D. via MauldinEconomics.com,

Hoisington Quarterly Review and Outlook – 4Q2016
CHANGE?

Asian stocks hit their highest level in 18 months, with positive momentum lifting European shares which were helped by Societe Generale earnings. Yields fell on some of the euro zone's battered low-rated bonds as investors put aside the political risks that have dominated markets this week. After trading flat, S&P futures bounced as US traders walked boosted by a spike in the USDJPY, ahead of earnings reports from Coca-Cola, Reynolds American, CVS Health, Nvidia and Twitter.

After a fiery start to his foreign policy overtures, Trump is gradually normalizing his approach to international diplomacy.