Bless Their Hearts! News & Markets for 6-24-18
Merkel and Macron's blueprint to reform the EU was given and while Macron suggested the proposal will be presented to other countries, with specifics to be worked out later this year and the plans to take effect from 2021, it wasn't clear how he plans to get "other countries" to vote for a proposal that has led to the alienation of Central and Eastern Europe, Brexit and an openly populist government in Italy.
Europe's two self-proclaimed leaders are facing an unexpected, to them, backlash from most other European governments against the German and French plans for a common eurozone budget, dealing a blow to the two countries’ ambitions for a big overhaul of the single currency area.
As the FT reports, the rest of Europe's "core", including the Netherlands, Austria and Finland are among 12 governments questioning the need for any joint eurozone “fiscal capacity”, challenging a central tenet of French President Emmanuel Macron’s vision for the eurozone that he has successfully pressed Berlin to endorse.
LOL Bless his heart! When you say one thing and do another, such as these two did during the recent G-7 meeting, and it is to harm another, seeing it as Trump and not the American people and wishing him ill and harm, then ass biting follows. Always and here is his and Angela's ass biting.
As he becomes increasingly unpopular, French president Macron and the politically embattled Merkel tried to restart their close collaboration this week ahead of a wider summit of EU leaders. They agreed that a new common pot of eurozone money could be funded by a mixture of national contributions and new EU levies, such as a financial transactions tax.
I love irony.
While their agreement supposedly forms part of a broader deal between Paris and Berlin on how to strengthen the currency bloc, the rest of Europe generally disagreed, which is also the reason why any attempt at "Federalizing" Europe is doomed to failure. Europeans tend to frown upon self-declared "master states" who tend to decide for everyone else.
EU diplomats said Merkel’s concession to Macron, who has found herself isolated at home, has been forced to seek support abroad.
According to a letter seen by the Financial Times, Dutch finance minister Wopke Hoekstra has written to Mário Centeno, the president of the eurogroup, to underline that there is “wide divergence” on the need for any budget, with a number of countries concerned about “moral hazard risks” and questions of “fiscal neutrality” posed by the plan.
The letter insisted that the lack of the agreement on the budget be clearly communicated to leaders at next week’s summit.
"There was clearly no consensus on starting to explore options" at Thursday’s meeting of finance ministers, the Dutch finance minister said in the letter, adding there was also no agreement to start exploring the use of a financial transactions tax to finance it.
The letter was written by the Dutch finance minister on behalf of Belgium, Luxembourg, Austria, Sweden, Denmark, Finland, Latvia, Lithuania, Estonia, Ireland and Malta.
2 vs 12. It is safe to say that the rest of the eurozone is not aligned with France and Germany either.
According to the FT, the 12 countries expands a coalition called the “Hanseatic League”. We repeat LOL. The Hanseatic League is a reference to the commercial and defensive confederation of merchant guilds and market towns in Northwestern and Central Europe, which in the late 1100s, grew from a few North German towns to dominate Baltic maritime trade for three centuries along the coast of Northern Europe. This new league is an initial group of eight smaller fiscally conservative countries, which have insisted on more national responsibility to solve economic problems in the eurozone.
Berlin and Paris have insisted that the Franco-German deal on reforming the monetary union is not a fait accompli for the rest of the eurozone; it is however mandatory that at some point Europe will have to be reformed, and Germany and France will have to likely lead that effort. It appears by the Thursday backlash, Europe's core has just carried out a coup.
French finance minister Bruno Le Maire said that “it is not a take it or leave it road map. It is open for discussion for negotiations among members of the eurozone.”
The response indicates that Europe is done "negotiating" when the outcome is the one pre-decided by just two nations.
Merkel and Macron may have been hoping to lay the groundwork for what Europe will look like in several years, Merkel may not make it if she is unable to find a common ground in the coming "migration" summit, and fails to provide a satisfactory answer to the CSU's 2 week ultimatum.As Reuters reports, Merkel played down expectations of any major breakthrough at hastily-arranged talks among EU leaders on Sunday on the migration dispute dividing Europe. Plans for the emergency meeting, before a full EU summit at the end of next week, were thrown into chaos on Thursday when Italy’s new prime minister said a draft accord on migration had been withdrawn because of a clash with Merkel.
The German chancellor is under pressure to get EU leaders at the main June 28-29 summit to agree to share out migrants more evenly to placate her conservative allies, Bavaria’s Christian Social Union (CSU). But Italy and others are very reluctant.
If no “satisfactory” deal is achieved at next week’s summit, German Interior Minister and CSU chief Horst Seehofer has threatened to defy Merkel and turn people away at the German border who have applied for asylum in other EU states.Italy is taking a hardline approach and refusing to accept any more migrants, Europe finds itself in migrant chaos with no way out, one created by Merkel's own disastrous 2015 "open door" policy, and absent a "Merkel Miracle" over the next week, the chancellor may be out of a job as soon as early July, with Germany facing new elections as soon as September, an outcome which the SPD is already actively preparing for.
Bless their hearts!
The owner of the Red Hen restaurant in Lexington, Virginia says that she kicked out White House Press Secretary Sarah Sanders because her gay employees were upset over the Trump administration's transgender military ban, according to an interview she gave to the Washington Post.
Sanders was joining a party of eight booked under her husband's name. The owner, Stephanie Wilkinson, was at home when her chef called to let her know that the staff was highly offended at Sanders's presence:
Sarah Huckabee Sanders had just walked in and sat down, the chef informed her.
“He said the staff is a little concerned. What should we do?” Wilkinson told The Washington Post. “I said I’d be down to see if it’s true.”
“Tell me what you want me to do. I can ask her to leave,” Wilkinson told her staff, she said. “They said yes.”
Sounds to me like they just didn't like her and didn't want to serve her and they were not upset. Just pissed.
I suppose the owner is now upset over the loss of revenue etc that came with her decision to bow to her employees rather than what was best for her. LOL Hence the let me explain Washington Post article.
At the end of the night, staff members wrote on their employee whiteboard "86 Sara Huckabee Sanders" - a code for throwing someone out of an establishment. One of the servers photographed the whiteboard and posted it to his public Facebook wall.
.@PressSec got kicked out of the Red Hen restaurant in Lexington, Va tonight. Apparently the owner didn’t want to serve her and her party out of moral conviction. pic.twitter.com/jr3bfiY3XY
— Brennan Gilmore (@brennanmgilmore) June 23, 2018
Sanders posted to Twitter: "Last night I was told by the owner of Red Hen in Lexington, VA to leave because I work for @POTUS and I politely left. Her actions say far more about her than about me. I always do my best to treat people, including those I disagree with, respectfully and will continue to do so"
My two cents - Ms. Sanders is the epitome of grace and class.
The owner believes as they do and nothing more. She didn't do it for her employees. That's her excuse. She did it because she believes as they do. The Red Hen gets to deal with the fallout over a few offended employees who couldn't put their personal feelings aside to do their job.
She isn't sorry for what she did. She is sorry for the consequences she is suffering from so she tries to blame the outside, her employees being upset, for her decision.
It was her and she is now getting what she was asking for and she is crying saying I didn't ask for this! Yes, yes she did bless her heart.
LOL I know but the hits keep coming.
Another unmasked FBI agent who worked on the Clinton email investigation and exchanged anti-Trump text messages with her FBI lover and other colleagues has been pictured for the first time by the Daily Mail.
Sally Moyer, 44, who texted 'f**k Trump,' called President Trump's voters 'retarded' and vowed to quit 'on the spot' if he won the election, was seen leaving her home early Friday morning wearing a floral top and dark pants.
She shook her head and declined to discuss the controversy with a DailyMail.com reporter, and ducked quickly into her nearby car in the rain without an umbrella before driving off. -Daily Mail
Moyer - an attorney and registered Democrat identified in the Inspector General's report as "Agent 5" is a mine of hate, who had been working for the FBI since at least September of 2006.
It appears she didn't quit on the spot. LOL Bless her heart!
When Moyer sent the texts, she was on the "filter team" for the Clinton email investigation - a group of FBI officials tasked with determining whether information obtained by the FBI is considered "privileged" or if it can be used in the investigation also known as a taint team.
Moyer exchanged most of the messages with another FBI agent who worked on the Clinton investigation, identified as 'Agent 1' in the report.
Moyer and Agent 1 were in a romantic relationship at the time, and the two have since married, according the report. Agent 1's name is being withheld. -Daily Mail
Some of Moyer's texts:
"fuck Trump"
"screw you trump"
"She [Hillary] better win... otherwise i'm gonna be walking around with both of my guns."
Moyer called Ohio Trump supporters "retarded"
"Agent 1" who is now married to Moyer, referred to Hillary Clinton as "the President" after interviewing the Democratic candidate as part of the email investigation.
FBI official, Kevin Clinesmith, 36, sent similar text messages. A graduate of Georgetown Law, Clinesmith - referred to in the Inspector General's report as "Attorney 2," - texted several colleagues crying about the "destruction of the Republic" after former FBI Director James Comey reopened the Clinton email investigation.
In response to a colleague asking if he had changed his views on Trump, Clinesmith responded "Hell no. Viva le resistance," a reference to the Trump opposition movement that claimed to be coordinating with officials inside the Trump administration.
Bias? LOL DOH! Move along. Nothing to see here. LOL Bless their hearts!
Born at night - not last night. LOL
Desperate Democrats & the Separation Policy
The 'globalists' on the right have basically joined the people except for the die hard few such as McCain, Romney etc. Those who cannot be part of the new man will fade away. The new man is in charge now.
It's all a story and the people changed on the inside and started telling a new story and it is coming to fruition. When something changes on the inside the outside must change - that is Law and so it is happening and the Democrats cannot understand why.
"We'll know our disinformation program is complete when everything the American public believes is false"?
William Casey has failed as he was meant to fail and all is good. Imagine ill for another, it doesn't matter if you don't see people and only see them as numbers, then you are the one that becomes the very thing you supposedly despise. You can see it all around you.
The separation policy is not a Trump decision, it has been in place for many years and, as Trump tweeted, Obama faced similar headlines although he was not compared to Hitler and attacked in the media.
Drudge Report “OBAMA KEPT THEM IN CAGES, WRAPPED THEM IN FOIL” We do a much better job while at the same time maintaining a MUCH stronger Border! Mainstream Fake Media hates this story.
— Donald J. Trump (@realDonaldTrump) June 23, 2018
Then he took direct aim at The Democrats lack of a solution.
It’s very sad that Nancy Pelosi and her sidekick, Cryin’ Chuck Schumer, want to protect illegal immigrants far more than the citizens of our country. The United States cannot stand for this. We want safety and security at our borders!
— Donald J. Trump (@realDonaldTrump) June 23, 2018
The key is the citizens have to believe it and they don't. They don't believe a word out of their mouths. It doesn't matter what they say they are Peter crying wolf and no one cares if it is a real wolf or not and that ends up eating Peter. They will just say oh well, shouldn't have kept crying wolf. LOL
Bless their hearts!
The two most viral photographs of the ‘Trump Separation Scandal’ have now been debunked. Both pictures that were circulating are of children who had not been separated from their mothers at all. But both were used to depict just that: a child being taken away from its mother.
Peter cried wolf and it was proven to be a bunny rabbit.
RT: Debunked: Viral Image Of Crying, Caged Toddler ‘Detained By ICE’ Not What It Seems
A distressing image of a crying toddler locked in a barred cage after purportedly being detained by US immigration officials has gone viral – but despite online claims, it does not actually depict what has been alleged. The image, which shows a little boy crying in a cage as he looks out between its bars, was shared by activist journalist and undocumented migrant Jose Antonio Vargas as a comment on the Trump administration’s immigration crackdown on families.
In the same thread, Vargas admitted that he came across the photo on a friend’s timeline and was still looking for the original source. Nevertheless, the snap quickly went viral with Vargas’ post garnering more than 23,000 retweets and many others sharing the image across their own social media accounts.
Vargas shared the photo because when he was detained by ICE in McAllen, Texas in 2014, he encountered children who were locked up there. “It wasn’t okay then; it’s not okay now,” he wrote, adding that he’s been outraged about the incident for years.
The picture was not from a detention facility at all, and was taken at a protest against Trump’s immigration policies held on June 10 outside Dallas City Hall. The demonstration organized by Brown Berets de Cemanahuac was held to call out the policy of family separation and confining undocumented children.
So an activist journalist and undocumented immigrant makes it look as if a picture depicts something that in reality it did not. Note the article says he wanted to comment on the Trump immigration crackdown, because he has memories of the Obama immigration crackdown, when he saw children locked up.
Then there is TIME Magazine who uses such politics. Its editor-in-chief defends the use of the picture by saying it was the most visible symbol of something, even though he knew full well that the photo didn’t depict that something. That’s a mighty slippery slope. Apparently it’s the effect that counts, not the facts.
Fact-Check: Was Migrant Girl On US Border Taken From Mother? Unfounded
Two photos that went viral on social media depict scenes that are not directly related to the family separations taking place on the US-Mexico border since early May. The most prominent, of Honduran two-year-old Yanela Varela crying inconsolably, has become a global symbol of the separations – helping to attract more than $18 million in donations for a Texas non-profit called RAICES. The photograph was taken on June 12 in McAllen, Texas by John Moore, a Pulitzer Prize-winning photographer for Getty Images.
An online article about the picture, published by Time Magazine, initially reported the girl was taken from her mother, but was subsequently corrected to make clear that: “The girl was not carried away screaming by US Border Patrol agents; her mother picked her up and the two were taken away together.” Time Magazine nonetheless used the image of the sobbing child on its cover, next to an image of President Trump looming over her, with the caption “Welcome to America”. The head of Honduras’ Migrant Protection Office Lisa Medrano confirmed to AFP that the little girl, just two years old, “was not separated” from her family.
The child’s father also said as much. Denis Varela told the Washington Post that his wife Sandra Sanchez, 32, had not been separated from their daughter, and that both were being detained together in an immigration center in McAllen. Under fire for its cover – which was widely decried as misleading including by the White House – the magazine said it was standing by its decision. “The June 12 photograph of the 2-year-old Honduran girl became the most visible symbol of the ongoing immigration debate in America for a reason,” Time’s editor-in-chief Edward Felsenthal said.
It's propaganda and we all know it. LOL Bless their hearts! There is no mainstream media that is not propaganda. Much to Mr. Casey's dismay the people aren't stupid. They know and now they are sick of it.
"I fear we have awakened a sleeping giant and filled him with a terrible resolve."
Yes - this is what has happened. Their fear has come to be. The people are the sleeping giant and they are indeed awake now.
Bless their hearts!
Up day. Nothing has changed. Target 3200 remains. Dennis Gartman rally on the way. LOL Bless his heart!
GE has tested the bottom and is on the way! Fantastic rally on Friday. The Dow Dog was kicked to the side and is now out of the Dow. That's ok. GE is the first global corporation to change to the new economy and it will shine.
S&P 500 Resistance – 2759, 2785, 2811, 2824, 2842, 2876, 2905
S&P 500 Support – 2730, 2715, 2682, 2655, 2638, 2607, 2575, 2560, 2530, 2505, 2478, 2422, 2400, 2375
Down day. Broke some good support. Look for more to the downside. As a market goes up so it goes down and vice versa.
Resistance - 5875, 6620, 6800, 6930, 8000, 8180, 8990, 9630, 10100, 11330
Support - 5800, 4570, 2535
Take care,
Rita
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