In a shocking revelation that has just appeared in the media in the past 24-hours, we now know the Obama administration wire-tapped Paul Manafort who would become a key Trump campaign official.

But it’s really much worse that it sounds – which for our tastes is crooked enough, already.

Let’s run through some timeline, shall we?

(Continues below)

 

But before we do this, let’s be perfectly clear that the mainstream media is already spinning the bejeezus out of this.  Let me explain how:  Notice the typical headline on the story: US government wiretapped former Trump campaign chairman.

That, dear reader, is spin of the highest order.  Remember who the president was?  Notice how HIS name – as the decision-maker in chief – is not attached to this revelation?

Still, the fact is, one of his minions – turned the government machinery loose on a key republilcan.

To the players and timeline then:

Prior to the 2014 decision to wiretap Manafort, he would have been likely considered a “political enemy” of the democratic steamroller (the one that ran over Bernie, remember?).  His Wikipedia bio explains why:

Paul John Manafort Jr. (born April 1, 1949[1]) is an American lawyer, lobbyist and political consultant. He joined Donald Trump’s presidential campaign team in March 2016 and served as campaign manager from June to August 2016. He was previously an adviser to the U.S. presidential campaigns of Republicans Gerald Ford, Ronald Reagan, George H. W. Bush, and Bob Dole. In 1980 Manafort co-founded the Washington, D.C.-based lobbying firm Black, Manafort & Stone, along with principals Charles R. Black Jr., and Roger J. Stone. In 1984 it was renamed Black, Manafort, Stone and Kelly (BMSK) & associates, after Peter G. Kelly was recruited.

From this, we can assume that a) Manafort is smart (at least enough so to pass the Bar) and b) he was a leading back of the ticket republican.

In 2014, Manafort was on the wrong side of the EU/US deal-making that was designed to “take-down” the existing government of Ukraine and turn what had been a soft- frontier into what is not a focal point of NATO’s head-on with Russia over the warm water ports – which the EU (and the bungling nest of neocons at State) lost.

Pissed, the FBI went to the FISA court for reasons that are murky.  But we notice that Slate reported “For a judge to grant the warrant, the FBI doesn’t need to show evidence of a crime, but it must show that the individual may be working as a foreign agent.

Fast-forward to early/mid 2016 and with nothing criminal in hand, the Manafort investigation is shelved.

Then an odd thing happened in Phoenix:  Bill Clinton met with then attorney general Loretta Lynch.  June 27, 2016, with the pertinent details summarized here.

As short while later, lo and behold, the investigation of Manafort is fired-up again.  It ran until early this year.

At issue are allegations that “inauthentic” accounts were used in social media to buy ads.  It is also reported that Manafort may expect to be indicted, shortly.

In addition, other persons associated with Manafort may be involved.  But since Trump cut ties with Manafort, we expect that the sitting president will be “spared.”

What has never made sense to me, until this morning, is why would the disheveled remnants of a once-organized political party (the republicans, what’s left of ’em) be inclined not to squash the Robert Mueller “fishing expedition.”

The “let the dem’s clean up their own mess” theory would also explain why James Comey just before the election, announced a slew of reasons that would have ended in Jailhouse Orange for anyone but She who we don’t care for.

But now, as we connect the dots, it looks like the democrats – having abused state power – are being given the opportunity (and perhaps a couple of sacrificial pawns to take off the table) so they can clean up their own mess.

As part of the “deal” – never articulated, of course, the trade-off would be that Trump gets to hold office, and Hillary avoids jump suit orange.

The myth of “Government by the People, for the People,” is maintained and the republic for which we stand moves along.

EXCEPT!

To do all this, the US media has been corrupted at its core.  So, in this regard, we are anxiously awaiting what comes next from Project Veritas because you can “WATCH: James O’Keefe Teases ‘Biggest Ever Media Investigation’ — Muses ‘People Will Be Fired’.

It would be laughable, a bad novel plot at best, except when it happens IRL (in real life) to a Nation we all love and deeply wish to perpetuate, t’ain’t so much fun to dot-connect.

Sports figures, and football ninnies, and the sanctuary state of California, notwithstanding.

Follow the Laws or Lose Your Dough?

Speaking of which, a bill which would turn Kalifornia into a sanctuary state is on its way to guvBrown for signing.  I have no doubt he will.

This is another priceless novel plot:   Behold as the Nation of Laws Myth hits the rocks with this.

The laws on illegal immigration at the Federal level are clear.  Will the left-coast revolutionaries holding office side with antifa and become a breakaway state?

Would Trump cut federal funding to Kalifornia?  Since we don’t have a political party in Washington, anymore, no telling what the Fools on the Hill would do.

If the Feds cut Kalifornia money, there go income tax revenues and here comes AmRev2.

All madness on bordering and 30 years of bordering on madness.

Libretto di Market

I have to admit a certain queasiness Monday as the ,market torpedoed those short position ETF shares Ure’s truly was holding overs the weekend as part of his “Kim Put” strategy outlined in Peoplenomics last weekend.

By the end of the day, though, the market got off the snort of breakfast blow and returned to reasonable.  As it came down, our short position slid six-cents into the green.

Say, here’s a “downer in the wings:” CoreLogic Reports a 16.9 Percent Year-Over-Year Increase in Mortgage Fraud Risk in the Second Quarter of 2017.  We have to wonder what the Equifax mess will add to future trends?

Dow was set to open up 20, earlier.  But, that’s just trading noise.  The real move will be tomorrow.  Fed decision in the afternoon and then Rosh Hashanah starts tomorrow evening.  We expect a sell-off, but hope springs eternal in the hearts of bears.

Since I am still furiously writing on my next book (Dimensions Next Door) I can only point you to the January 2007 issue of VibrationData for the primary frequency and spectral analysis of the shofar.  That’s a horn made of a large goat’s horn…nice work there!

Housing Drop?

Hot off the press release:

Building Permits Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,300,000. This is 5.7 percent (±2.0 percent) above the revised July rate of 1,230,000 and is 8.3 percent (±1.6 percent) above the August 2016 rate of 1,200,000. Single-family authorizations in August were at a rate of 800,000; this is 1.5 percent (±1.3 percent) below the revised July figure of 812,000. Authorizations of units in buildings with five units or more were at a rate of 464,000 in August.

Housing Starts Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,180,000. This is 0.8 percent (±9.6 percent)* below the revised July estimate of 1,190,000, but is 1.4 percent (±8.9 percent)* above the August 2016 rate of 1,164,000. Single-family housing starts in August were at a rate of 851,000; this is 1.6 percent (±9.0 percent)* above the revised July figure of 838,000. The August rate for units in buildings with five units or more was 323,000.

Housing Completions Privately-owned housing completions in August were at a seasonally adjusted annual rate of 1,075,000. This is 10.2 percent (±12.3 percent)* below the revised July estimate of 1,197,000, but is 3.4 percent (±13.0 percent)* above the August 2016 rate of 1,040,000. Single-family housing completions in August were at a rate of 724,000; this is 13.3 percent (±14.7 percent)* below the revised July rate of 835,000. The August rate for units in buildings with five units or more was 348,000.

As luck would have it, the Universe provides a housing stimulus plan called?

Hurricane Maria

Whopping Puerto Rico next:

Cat 5 now…

Current Account Deficit

Press release festival?

The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit increased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.4 percent in the first quarter.

Old saying:  The harder we work, the behinder we get.  See the growing hole on GOODS?

Baby Steps to Local Amazon Shops?

More on this in Peoplenomics tomorrow, but did you notice Kohl’s to accept Amazon returns in 82 stores?

Wal-Mart online returns are already accepted in the local stores…as the battle for the “halfway house” (online and bricks) design continues to heat up.

Let’s Make a Deal candidate? Toys ‘R’ Us files for bankruptcy in US.  Maybe they didn’t get the memo:  Kids don’t have toys anymore.  They just grab mommy or daddy’s phone….appropos.

U.S. Department of Useless

When we’re not trying to hack space-time, or out-calculate the HFT’s, we are endlessly entertained by useless “news” that supports our contention that the world has too little original research and far too much news “channel capacity.”

Among our picks today:

Winter Olympics 2018: British Bobsleigh to withdraw funding for women’s team.  We’ll just watch the video of Cool Runnings, then.

Kaepernick: I’m ‘ready right now’ to play…  After what he did to the game?  GMAFB.

Again Time magazine amazes us with their broadening view of “news” with their story Here’s the First Look at Alicia Vikander as the New Lara Croft.

I may have to create a new category for them and Fox:  T&N.  News being the second word…

Far too much fun this morning.  I’m going to go put bamboo shoots under my fingernails now…moron  the ‘morrow…

Eyes on the Fed, Trouble in Retailing
Coping: The Dog Ate My Contacts