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Is The Deep State At War... With Itself?

Is The Deep State At War... With Itself?

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

This is a blatantly politicized "report" that is not supported by any evidence, nor is it supported by the other 16 intelligence agencies.

The recent pronouncement by the C.I.A. that Russian hackers intervened in the U.S. presidential election doesn't pass the sniff test--on multiple levels. Let's consider the story on the most basic levels.

Frontrunning: December 13

  • Trump Picks Exxon Chief for State Amid Concerns (Reuters)
  • Buoyant Markets Pose New Challenge for the Fed (WSJ)
  • Tweeter-in-Chief Trump Faces Test After Yellen’s Rate Decision (BBG)
  • Trump Dissing Daily Intelligence Briefing Worsens Rift With CIA (BBG)
  • SWIFT confirms new cyber thefts, hacking tactics (Reuters)
  • UniCredit share issue lifts banks before Fed meeting (Reuters)
  • Senate Republican leader backs investigation into Russian hacking (Reuters)

The Narrative Changes: Republicans "Pour Cold Water" On Trump's Massive Stimulus, Will Block Tax Cuts

The Narrative Changes: Republicans "Pour Cold Water" On Trump's Massive Stimulus, Will Block Tax Cuts

The driving catalyst behind the furious market rally since the presidential election has been the market's hope that Trump will unleash a "huge", still undetermined, debt-funded financial stimulus package, which will grease the volatile handover from monetary to fiscal policy, boosting inflation and rerating risk assets higher. Indeed, the market was so transfixed by this hope, that it has so far ignored all warning signs, duly noted previously on this website.

Top US Spy Agency Refuses To Endorse CIA's Russian Hacking Assessment Due To "Lack Of Evidence"

When the WaPo posted last Friday's story about a "secret" CIA assessment that Russian cyber attacks were aimed at helping Republican President-elect Donald Trump win the 2016 election, the readers of the Bezos-owned publication took it as gospel, despite, as we promptly noted, there being no evidence provided by the CIA, and as we learned today, the FBI openly resisting the CIA's assessment. It now appears that once again the WaPo may have been engaging in "partial fake news", as it did with its Nov. 24 story about "Russian propaganda fake media."

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