By our calculation, it took just 76 days for President Trump to get on board with the Clinton-Bush-Obama agenda. Now there can be no doubt where he’s headed. He’s gone Full Empire. Not that it was unexpected. But the speed with which the president abandoned his supporters and went over to the Deep State is breathtaking.
On Good Friday, when markets were closed and when the entire financial world was tuned out, and when certainly no one was supposed to pay attention, Uber, the most highly valued – at $62.5 billion – and the most scandal plagued tech startup in the world, took the until now unprecedented step of disclosing its audited revenues and losses for the fourth quarter and for the full year of 2016…..But on Friday, Uber itself disclosed that it lost $2.8 billion before interest, tax, depreciation, and employee stock options – the latter likely being a big chunk, as the earnings of publicly traded companies that award stock-based compensation, such as Twitter, regularly show. Translated into a net loss, including the expense for stock-based compensation? Dizzying. But Uber wisely didn’t disclose it.
Odebrecht SA, the Brazilian engineering company at the center of a historic corruption scandal, paid out a total of about $3.3 billion in bribes in the nine years through 2014, according to testimony cited by local media on Saturday. Through a department specifically established to pay politicians and other recipients for public works contracts, Odebrecht paid as much as $730 million annually in both 2012 and 2013, the years when bribe payments peaked, according to a spreadsheet that a former executive reportedly gave investigators as part of a plea deal.
The Airwars.org U.K.-based monitoring group reports that 41 US air strikes targeting ISIS in Iraq and Syria killed at least 296 civilians during the week after the chemical weapons incident on April 4. U.S. cruise missiles reportedly killed another nine civilians in villages near the Shayrat airbase that was targeted on April 7th.But the fragmentary reports compiled by Airwars.org can only reveal a fraction of the true numbers of civilians killed by U.S. and allied bombing in Iraq and Syria. These are only the minimum numbers of civilians killed in 41 of the 178 air strikes reported by the U.S military that week.
The things that come out of President Trump’s mouth seem to depend on who he talks to or what he sees on TV in the minutes immediately preceding his mouth motion. Based on his recent switchbacks, Trump has been spending a LOT of time talking to the alums of Wall Street powerhouse Goldman Sachs who now form his inner circle……Goldman Sachs? You might remember (or tried to forget but haven’t yet) how Trump reviled their influence in his now-notorious “closing” TV ad. It featured images of Wall Street, stock tickers, Lloyd Blankfein, the Chairman and CEO of Goldman Sachs, and financier-philanthropist George Soros.
World’s Biggest Aluminum Producer Faces Default, Warns Of “Dramatic Social Unrest” Without A Beijing Bailout
Step aside China Huishan Dairy Holdings – China’s largest dairy producer which cratered last month after a negative Muddy Waters research report brought attention to a company we knew for one year was collateralizing its cows to fund stock buybacks – and make way for what may be the next Chinese megafraud. While China Hongqiao Group may be best known for being the world’s largest aluminum producer, it has in recent months featured just as prominently among short-seller reports who have accused the company of being a fraud. As the WSJ’s Scott Patterson writes, questions about China Hongqiao’s finances first emerged in November, when an anonymous short seller wrote on a website called Hongqiao Exposed that the company’s profits are “too good to be true.” China Hongqiao in the March 31 statement called the report “untrue and unfounded.”
The media narrative that the regime of Syrian President Bashar al-Assad defied logic, military necessity, and common sense, and dropped a load of sarin on civilians near the town of Khan Shaykun, in Idlib province, is already falling apart. Theodore Postol, Professor Emeritus of Science, Technology, and National Security Policy at the Massachusetts Institute of Technology has analyzed the rather thin “evidence” provided by the US government in a letter to former CIA analyst Larry C. Johnson.
As if bombing nuclear-armed North Korea would be as much of a piece of cake as Tomahawking a semi-deserted air base in Syria. But then, that’s the beauty of a box of chocolates foreign policy; you never know what you’re gonna get.NATO was “obsolete.” Then it was “no longer obsolete.” China was a currency manipulator. Then it was no longer a currency manipulator. There would be no more adventures in the Middle East. Then it’s back to pulling a Hillary and bombing Syria. Russia was supposed to be a partner – basically in oil and gas deals, while a Kissingerian Divide and Rule remix would try to unravel the Russia-China strategic partnership. Then Russia is bad because supporting “animal” (sic) Assad.
Trump spoke of the need for a new economic model, and then recalled how protectionism is far from a bad word in US history; rather, it was seen as a means to promote manufacturing and build industry.
Trump said, “Like Henry Clay, we want to put our own people to work. […] “Clay was a fierce advocate for American manufacturing. He said that free trade would throw wide open our ports to foreign production without duties while theirs remained closed to us […] Clay said that trade must be fair, equal and reciprocal.”
The ShadowBrokers, an entity previously confirmed by The Intercept to have leaked authentic malware used by the NSA to attack computers around the world, today released another cache of what appears to be extremely potent (and previously unknown) software capable of breaking into systems running Windows. The software could give nearly anyone with sufficient technical knowledge the ability to wreak havoc on millions of Microsoft users…….The crown jewel of the implant collection appears to be a program named FUZZBUNCH, which essentially automates the deployment of NSA malware, and would allow a member of agency’s Tailored Access Operations group to more easily infect a target from their desk.