Hardly worth all the media-hype, the “show trial” put on by the House democrats Wednesday.  The only good part what when the “star witnesses” – neither of which had talked or directly head the president which turns all this into third and fourth-hand testimony – what when Jim Jordan asked “What’s the impeachable crime.”

He didn’t get an answer.  What the dems got was egg…as on face.  More “slur du jour” tomorrow.  Will we ever hear an impeachable charge, though?  Other than “we didn’t agree”?

Meantime, the media are trying – through misleading headlines – to make it seem like less than disaster.  Example? “Impeachment hearings: Diplomat describes Trump call on Ukraine.”  Except he didn’t hear it.  One of his staffers supposedly did and they didn’t get called.  Seeing how this works?  Third hand raps.

No worries, though, the charade will continue and there will be a vote (of course, to impeach) but that will only send things to the Senate where an actual trial would have to occur…

The real problem for the dems is timing and the means of dropping this horrid nightmare of a sideshow.  How can they back out and distract everyone so that no one will notice the taxpayer-funded campaign event has packed up and left town.

Well, there’s several ways this can go down.

For one, there could be a major terrorism event.  This would,; however, increase (not decrease) powers of the president to govern.

The dems need dramatic new charges (proof this time would be a refreshing change-up) OR the nation could be hit with an  overseas -orchestrated (by the mad Hungarian, we’re thinking) economic issue that would be designed not only to take-down the Trumping stock market, but which would bit long and hard enough that people would go to the polls to end economic duress.

Dems Now Skirting Overthrow of Govt?

In March of this year, though it was initially aimed at Chinese routers with backdoors and such, the president banned Huawei Technologies in the U.S..

Here’s the thing:  Given that socialist media has become a real threat to democracy by banning essential free-speech in lines with ultra-liberal (so long as you agree with them), we got to wondering (during the God-awful boring witch hunt speeches) whether this doesn’t sound like something that could be applied to US social media manipulators, as well:

“President Donald Trump signed an executive order declaring a national emergency regarding telecommunications equipment that could pose a risk to national security. The order bans American companies from using any telecommunications equipment that the secretary of Commerce declares to be a national security risk. “

What this got me thinking was “At what point does Social Media become the Online Digital Uprising (ODU) and Digital Mob Rule (DMR) that we have long-warned is the bigger game in play?

As we have been suggesting:  Without direct, indisputable high crimes and misdemeanors, couldn’t the elected president who has been under attack for three years now, simply invoke via Justice Dept. action, U.S. Code §?2385. Advocating overthrow of Government?

When I looked up the wording of the law on the Cornell University resource, reading this part got me wondering “At what point does the opposition party – attempting to overthrow an elected president, meet the ‘2385’ test?

“Whoever knowingly or willfully advocates, abets, advises, or teaches the duty, necessity, desirability, or propriety of overthrowing or destroying the government of the United States or the government of any State, Territory, District or Possession thereof, or the government of any political subdivision therein, by force or violence, or by the assassination of any officer of any such government; or

Whoever, with intent to cause the overthrow or destruction of any such government, prints, publishes, edits, issues, circulates, sells, distributes, or publicly displays any written or printed matter advocating, advising, or teaching the duty, necessity, desirability, or propriety of overthrowing or destroying any government in the United States by force or violence, or attempts to do so; or

Whoever organizes or helps or attempts to organize any society, group, or assembly of persons who teach, advocate, or encourage the overthrow or destruction of any such government by force or violence; or becomes or is a member of, or affiliates with, any such society, group, or assembly of persons, knowing the purposes thereof—

Shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.”

Overthrow by only one side in the House (which has not charged an impeachable offense (other that going around some deep staters who got their noses out of joint, in my view (after three years of various attempts) becomes a pattern.

Rolling out RICO?

As long as the nothing “inquiry” is going third hand for sources, another thought I got to wondering about is “When do the party or parties backing the Online Digital Uprising fall under the RICO Statures?  “U.S. Code CHAPTER 96— RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS/

I think there’s a very good argument that both political parties are engaged in racketeering at some level.  And what better remedy than to break up both parties and reorganize them into neutrally-named entities?  The Democrats are not in the least bit “democratic” – a check with shut-out Bernie will confirm on that.  And, as to preserving the republic, the Republicans have taken and raised as much – and taken as many political “payoffs” from corporations as the dems.  Both are in bed with social media and big money donors such that the whole notion of “One Man (or woman) One Vote” is as much a legal fiction as corporate entities.  (Sounds good on the surface, but a corporation is not a person, though they own your government, lock, stock, and K-Street mafioso’s who pass around the favors.)

Well, enough.  We have other fish to fry…like making a buck or three in the market and figuring out how to retire before age 80.

We need term limits in all offices (2), assignment of all leadership positions by lottery.  And a ban on profiting from holding office, with audits when elected and exit audits.  Failing the exit audits, jail time.

Economic Data: PPI

Producer prices are just out from the Labor Department.

“The Producer Price Index for final demand increased 0.4 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices fell 0.3 percent in September and edged up 0.1 percent in August. (See table A.) On an unadjusted basis, the final demand index advanced 1.1 percent for the 12 months ended in October, the smallest rise since a 1.1-percent increase in the 12 months ended October 2016.”

Which picturizes as…

Following “the numbers” the Dow Futures were down 44 after being up 92-yesterday.  Oh, gee, gosh:  Did that have anything to do with the Fed tossing out $76-billion in repo’s Wednesday?

Just for the hell of it, let’s see what they’re tossing out today and see if that correlates to coming market action, shall we?  Here’s what the NY Fed is doing this morning:

Wild-eyed madman of East Texas takes a conspiracy angle here:  What IF, because of all the repo focus on sites like this one (and  ZeroHedge), the Fed goes to smaller, longer term repos so it doesn’t seem like they’re pumping as much…so may be time to keep track of the rolling numbers.  Always another thing to track, ain’t there?

Worth Knowing

Tomorrow, retail figures are on deck. Consumers Are Keeping The US Out Of Recession? Don’t Count On It.

Yet another wannabe: Deval Patrick 2020: Former Massachusetts governor is running for president.

Everyone talks about the weather…IBM hopes to change weather forecasting around the globe using big data and a new supercomputer.  We don’t need “better” – just warmer would be nice.  36 and raining in the Outback as we’re replaying Adak, AK this week.

Less phony consensus?  Don’t bet on it, but Facebook says it removed 3.2 billion fake accounts.  We’ve lt to have a breakdown on who owned those…much to be learned…which is why social media should be a govt. run utility, perhaps?

Off to a hot bowl of gruel, then,

Write when you get rich,

George@ure.net

 

 

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The Case for Global Income Limits