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Hour 2 – Politics – Trump, Optimism and Russia

Cory
December 17, 2016

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In the second hour we continue with KER Politics and interviews focusing on the upcoming Trump presidency. Optimism abounds with predictions on the future of the US economy and Trump’s relations internationally. Recently Russia has been in the news a lot and we definitely have some comments about what the main stream media is saying.

  • Segment 5: Jeff Deist, President of the Mises Institute kicks off KER Politics discusses the upcoming Electoral Collage vote on Monday.
  • Segment 6: We continue our chat with Jeff Deist focused on Trump running the Country vs running his business empire.
  • Segment 7: We get opinions about the next four year under Trump from two successful capitalists Bill Howard and Jeff Pontius.
  • Segment 8: Co-Founder of Peak Prosperity Chris Martenson discusses Russia and the optimism for the upcoming Trump Presidency.

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Click download link to listen on this device: Download Show

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Discussion
77 Comments
    CFS
    Dec 17, 2016 17:28 AM

    Alex Jones on Facebook Censorship:
    https://www.youtube.com/watch?v=LC1mFw-dzZU

      CFS
      Dec 17, 2016 17:17 AM

      I agree with Big Al (seg 7) that sentiment is important.

      We certainly need infra-structure improvements at every level. Much of the transportation system has deteriorated to almost third world standards.
      Most notably, for example, airports and ports. But even roads and bridges, more a state or local problem, are in serious decay.
      I worry, however, if we can continue kicking the can down the road before the debt bomb explodes.
      It also worries me that some of the people nominated by Trump are heavily supported by the Republican crony establishment; hardly draining the swamp! But maybe that is what is needed for a nomination to get approved.

    Dec 17, 2016 17:32 AM

    Hillary Blames Huma Abedin for E-mail Scandal

    Conclusion – The Democrats tried rigging the whole game by outspending Trump about 2 to 1. Additionally, 77% of the press on Trump was negative whereas about 99% endorsed Hillary. In her mind, she should have won. She had all the cards in order. She cannot accept that there is a civil uprising against corruption spanning across the world. This is not just a USA trend.

    https://www.armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/hillary-now-blames-huma-abedin-for-if-her-emails-were-not-on-humas-computer-she-would-have-gotten-away-with-it-all/

    CFS
    Dec 17, 2016 17:43 AM

    Was it the email scandal that caused Hillary to lose?

    Or was it the fact that she sold favors to enrich herself and operated a FAKE charity to avoid paying taxes?

    Hillary for Jail in 2017…….Drain the swamp.

      Dec 17, 2016 17:58 AM

      I believe that Trump will have to follow through with Hillary for jail.

        CFS
        Dec 17, 2016 17:21 AM

        He has donated to her in the past, so I do not expect that he will push for any investigation. I hope I am wrong and the new Attorney General will act.

          GH
          Dec 17, 2016 17:33 AM

          The people must demand it!!

          Liberals will convince themselves it is just nasty republicans being vindictive.

          But who knows how many cockroaches, D & R, will get caught up in scandal, once the facade cracks.

            Dec 17, 2016 17:40 AM

            drain the swamp………….

        Dec 17, 2016 17:10 PM

        Andrew, HC will never serve a day in jail. The certainty of that is right up there with death and taxes.

          Dec 18, 2016 18:05 PM

          If Obama pardons Hillary Trumps hands will be tied but if she isn’t pardoned I believe Trump will assign a special prosecutor to look into her dealings and she will be made to pay the price. Her crimes are too big to be swept aside. DT

    Dec 17, 2016 17:48 AM

    George Soros Is Funding Facebook’s “Third-Party Fact Checking” Organization Targeting “Fake News”

    Yesterday, Facebook announced plans to use a “third-party fact checking organization” known as The Poynter Institute to flag “fake news.” Imagine our complete shock when we discovered that the funding sources behind Poynter included the who’s who of Billionaire leftists like George Soros.

    http://www.zerohedge.com/news/2016-12-16/george-soros-funding-facebooks-third-party-fact-checking-organization

    Dec 17, 2016 17:23 AM

    On Trump having a business in a foreign country – you cannot detach the bureaucracy from unseen internal agendas. That’s been our government for the last century or two. Openness and impartiality is impossible. Transparency and bleach would be nice. But I would rather have a real-world businessman than an idealist politician or intellectual.

    If Trump can “fire everybody” on Day One of his term, start auditing each and every black-ops department, and audit the Federal Reserve, we might get the real story, the real truth, in a year or two. His current State Dept lineup is not very encouraging on that front, especially with the included bankers.

      CFS
      Dec 17, 2016 17:43 AM

      The problem is that Trump cannot fire everyone at Day one and start an audit of black ops…..
      Unless you believe Lee Harvey Oswald acted alone.

    Dec 17, 2016 17:59 AM

    Haven’t listened to show yet, but if Oblahma and the dems are saying there’s proof the Russians hacked the elections, the real question is “Why can our elections be hacked in the first place?”

    CFS
    Dec 17, 2016 17:58 AM

    They clearly weren’t hacked by the Russians……Trump gained votes in 2 of the 3 states that were recounted.
    On the other hand, Democrats are KNOWN for promoting improper voting.
    E.g the Chicago Machine has always produced votes of “dead” people and ridiculous numbers from nursing and retirement homes.
    There was clear evidence the Democrats managed to get JFK elected by such improper procedures.
    This time some precincts of Detroit, not only had 100% democratic votes, but in two precincts it was reported the number of votes exceeded the number of registered voters.
    It is curious how often Democrats are observed to accuse the opposition of exactly what they (Democrats) had been doing.

    Dec 17, 2016 17:18 AM

    I finally found common ground with Jeff Deist’s assessment of Justin Trudeau. Our media is controlled by the left and most people here like Trudeau not because of his substance but rather his good lucks and pleasing personality which would make him a good salesman but little else.

    Trump has his hands full when he enters office. This time wars have impoverished Americans and they are no longer economic masters of The World. He will have to show real signs at the very start that he can pump life into the economy and that the stock market is not gambling away business profits. He has a plan, he will implement it and if anyone can make America a success again I truly believe he is the right person at the right time for the job. If Trump can pull this off the rest of The World will also benefit, remember we still live in a global village.

      GH
      Dec 17, 2016 17:47 AM

      I truly hope you’re right, DT, though I consider the odds poor.

      BTW, I did eventually respond to you yesterday.

        Dec 17, 2016 17:46 PM

        Thanks for the feedback GH, I was interested in what sparked your comment, I enjoyed reading your response(s). DT

    CFS
    Dec 17, 2016 17:38 AM

    NEW YORK (AP) — The Trump Organization has canceled a licensing deal for a hotel in Azerbaijan and is taking steps to do the same for a project in neighboring Georgia, part of recent efforts by the president-elect to extricate his business from thorny relationships five weeks before he takes office.

    Both projects either involved or were associated with people tied to politics, partnerships that could have raised problems once Donald Trump becomes president.

    Dec 17, 2016 17:12 AM

     United States: With an empty data calendar, attention will be focused on Janet
    Yellen’s commencement address at the University of Baltimore. Yellen’s address
    comes at 13:30 ET and will focus on “the state of the labor market,” but given that it is
    a commencement speech it is likely to be light on substance. Another event that
    warrants mention is the Electoral College vote to confirm Donald Trump as the
    incoming US President. While 29 states require their electoral college voters to
    nominate the candidate their state won, the remaining 21 allow “faithless electors” to
    break that pledge. This is relatively rare and while there has been talk of faithless
    electors in 2016, only 1 EC voter has publicly indicated he will break from the his
    colleagues (36 would need to break away to force a tie). Therefore, it is a nearcertainty
    that Donald Trump will be confirmed by the Electoral College, though we will
    not know the official results until ballots are counted in Congress on January 6th.

    CFS
    Dec 17, 2016 17:42 AM

    You know real news is not fully reported in the US, Paul L!

    Not that I totally trust the left-wing UK Guardian, but….
    https://www.theguardian.com/us-news/2016/nov/30/faithless-electors-electoral-college-donald-trump

    Dec 17, 2016 17:48 AM

    I enjoy Jeff Deist .. That said i wonder how he or anyone can still be calling for small government and less government — when all the other big countries [Russia ,China, Brazil] are increasing government activity and size. Running a vast , populated country like USA like its just Belgium is not practical. best of health and wealth to all S

    Dec 17, 2016 17:49 AM

    How Professors are Engaging in Undermining the Country in Collages

    A student in California video taped what his professor was saying in class and how they are trying to create a revolution. He actually said that the people who voted for Trump were engaging in an act of TERRORISM because the socialist lost. He went on to say that the nation is divided as it was during the Civil War. Formal education is becoming indoctrination, not education. Children are being subjected to brainwashing and this video is just the tip of the iceberg.

    https://www.armstrongeconomics.com/world-news/civil-unrest/how-professors-are-engaging-in-undermining-the-country-in-collages/

    CFS
    Dec 17, 2016 17:52 AM

    While the US does not have an accurate total for illegal immigrants, it does have a total for illegal immigrants that have committed other crimes than simple illegal entry into the US.
    That total is known to be about 800,000, although many have not been deport, but just released and have failed to show up for court appearance.

    http://www.washingtonexaminer.com/report-820000-criminal-illegals-84-with-felonies-serious-misdemeanors/article/2609915

      GH
      Dec 17, 2016 17:57 AM

      It’s not PC to say it, but criminality is rampant in Latin America. I can say this with authority, having lived and worked in various places for 13 years. I can’t tell you how many times I have been told to ‘trust no one’. I consider it to be a cultural issue, the legacy of colonialism and neocolonialism.

        GH
        Dec 17, 2016 17:59 AM

        BTW, it was Latina friends who enlightened me on this issue, removing the remainder of the PC blinders with which I arrived.

        CFS
        Dec 17, 2016 17:38 PM

        It may be a cultural issue, but is it a result of colonialism or heritage ? Is Anglo- different from latino-?
        One could compare anglo-based colonialism…..e.g. Australia, New Zealand, Singapore, Figi, even Hawaii with spanish-based colonialism…..?

          CFS
          Dec 17, 2016 17:39 PM

          oops Fiji

          GH
          Dec 18, 2016 18:33 AM

          Big issue. But in brief, Anglos arrived with families to settle long-term, and exterminated natives. A horrible history. But what they established on that foundation of genocide was a society with some modicum of law, order, and justice. At least in the US, which is what I’m familiar with.

          In Latin America, on the other hand, the conquistadores were criminal men in Spain who came to the Americas with the idea of looting and returning home wealthy. Few Spanish women came. The conquistadores didn’t exterminate the natives because they needed their labor. Instead, they mixed with the native population, and if a native woman wasn’t willing, rape was likely the norm. The Spanish crown set up a complex system of social control that pitted people against each other–spaniards, mestizos, and indigenous. The more privileged within that system could commit atrocities against the less priveleged with impunity. This went on for centuries, and left its stamp.

          I’m no historian, but this is the gist of how it happened, to the best of my knowledge. John Hemming wrote a couple of interesting books, The Conquest of the Incas, and Tree of Rivers (on Amazonia). Tree of Rivers, as brutal as is the history it relates, understates the true brutality that occurred.

    Dec 17, 2016 17:19 AM

    China Responds: Will Return Stolen Drone, “Regrets US Hype”

    Shortly after president-elect Trump’s “unprecedented action” tweet, Chinese authorities responded via their mouthpiece The China People’s Daily:

    http://www.zerohedge.com/news/2016-12-17/china-responds-will-return-stolen-drone-regrets-us-hype

    Dec 17, 2016 17:59 PM

    Who would you trust? CIA or Putin. I think I would go with Putin.

      Dec 17, 2016 17:18 PM

      Paul…………”PUTIN”

      GH
      Dec 18, 2016 18:38 AM

      Lies are the bread and butter of the CIA

      https://en.wikipedia.org/wiki/Operation_Mockingbird

        GH
        Dec 18, 2016 18:09 AM

        But so far as I know, this is not even that!! It’s just an anonymous source, supposedly from the CIA. What a bunch of Malarkey.

        As NSA whistleblower William Binney points out, if the allegation about the hacks being Russian are true, the NSA knows:

        http://www.informationclearinghouse.info/46012.htm

        GH
        Dec 18, 2016 18:16 AM

        Obviously, the ‘fake news’ and ‘Russian hacks’ memes are a transparent effort to distract from all the malfeasance and outright crime revealed in wikileaks.

    Dec 17, 2016 17:49 PM

    The current situation with in the current Governmental construct is literally a nightmare with in a nightmare. Both of these candidates of Trump/Clinton are deep NWO operatives that would and will change nothing and will do exactly as their told.

    The current system is nothing more than a giant, powerful, well oiled nation state organized crime machine with unlimited power to bear upon the opposition and that machine works at the behest of the Military, Banking, Religious and Social Engineering system rulers. The system is buckling under massive pressure but the power players that put it in place will never relinquish power.

    Donald Trump for all his bravado will turn out to be a huge nothing burger when its all said and done.

    The writing is already on the wall as Washington DC’s well entrenched cast of political and banking characters will be plentiful in Trumps cabinet if he makes it that far. Nothing will change for the little people and nothing will truly be resolved.

    The demonic rulers that reside in most every powerful country of worth will stop at nothing to remain in power and they will achieve those goals by consent or conquest. The point to have cared and attempted to reel in the out of control Leviathan in a peaceful process has already passed.

    Trump is nothing more than a band-aid on a gaping gushing bleeding wound. The deep state is adrift in a vast ocean of darkness and paralysis by design.

    CFS
    Dec 17, 2016 17:59 PM

    Meanwhile in Germany the compassionate religion continues…
    http://www.reuters.com/article/us-germany-security-idUSKBN1450R5

    Dec 18, 2016 18:19 AM

    Anyone here care to know what Gary Savage has been doing this weekend? He has been eliminating all subscribers who ridicule him about his bad trades including myself and about ten others or more that I’m aware of. He’s running a complete dictatorship within his compound with a Napoleon syndrome attitude. He is also deleting negative comments on his free blog and then banning the posters! What a creep.

    AJ
    Dec 18, 2016 18:01 AM

    ????

    Trump: China should keep seized US drone
    http://www.thehill.com/policy/international/310913-trump-china-should-keep-us-drone

    Jeez, if somebody would hack his Twitte-account there would be war within hours. Hedgefunds are already developing algos to short any stock/company he mentions.

    CFS
    Dec 18, 2016 18:12 AM

    The daily Reckoning published a figure containing the Federal Reserve interest rates, projected and actual over the last few years:

    https://dailyreckoning.com/wp-content/uploads/2016/12/fedsmisleadingstatements.png

    If you look at this figure or diagram, one can reach a conclusion:

    The Federal Reserve is EITHER TOTALLY INCOMPETENT or is
    COMPOSED OF A BUNCH OF LIARS.

    I defy anyone to look at the figure and reach a different conclusion.

    CFS
    Dec 18, 2016 18:45 AM

    I was just told something by someone inside the London banking system, for which I do NOT have corroboration, but is interesting.
    He says, one should not focus on gold being shipped to China, but on the amount of silver being shipped there.
    I have not been able to find verifiable data on the volume of silver being shipped from London to China.
    It does make sense, however:

    For gold: London price: $1134.59, SGE price: $1179.51
    Premium = 3.17%

    For Silver: London price: $16.06, SGE price: $17.81
    Premium = 10.90%

    The Chinese are paying about three times a higher premium for silver compared to gold.

    CFS
    Dec 18, 2016 18:14 AM

    A comment on Obama’s talk of Russian hacking:

    http://podbay.fm/show/589864479/e/1481787224?autostart=1

    CFS
    Dec 18, 2016 18:28 AM

    The theft of an American drone in the South China Seas has been reported in the MSM, but it seems to me China is a much greater threat than Russia for other reasons, e.g. listen to :
    https://cdn47.castfire.com/audio/550/3618/26026/3249483/3249483_2016-12-15-000223-8210-0-1-0.32k.mp3?cdn_id=47&uuid=f91221da02a5938beb478988e2450eee

    Dec 18, 2016 18:51 AM

    One of the biggest upsides to a Trump victory is the demise of the neoconservative movement, which is neither new nor conservative. These brainiacs have reaped untold destruction and need to be put out to pasture.

    http://www.realclearpolitics.com/2016/12/16/bye-bye_neocons_398018.html

      GH
      Dec 18, 2016 18:54 PM

      We can hope! But if that’s the case, why did Trump tap Michael Flynn as National Security Advisor? Flynn co-authored a book with notable neoconservative Michael Ledeen, so one assumes they’re on the same page.

        Dec 18, 2016 18:09 PM

        It will be interesting to see how this plays out, but I was primarily referring to chicken-hawk policy makers who had this grand idea to reshape the Middle East in our image. Sheer insanity! LTG (ret) Flynn knows better. However, the knew administration will likely be more aggressive against ISIS. But, just how are they going to do that?

        The good news is that the President-elect has surrounded himself with competent, experienced people who actually know what they’re doing.

        http://victorhanson.com/wordpress/has-trump-nominated-too-many-military-leaders-or-not-enough/

          GH
          Dec 18, 2016 18:33 PM

          ISIS. They could stop supporting the Saudis, Turks, etc. in supporting ISIS…

            GH
            Dec 18, 2016 18:39 PM

            The Turks, I’m not clear on the reality of the ostensible coup attempt recently. But how is it that the US allowed the huge caravans of oil tankers from Syria to Turkey? The Russians accomplished more in their first 6 weeks than the the US did in the prior 18 months. One must assume this wasn’t due to incompetence on the part of the US.

            We know from wikileaks that Sec. State Hillary Clinton knew the Saudis and Qataris were funding and arming ISIS, while the US was funding the Saudis, and while the Clinton Foundation was receiving millions from the Saudis.

    Dec 18, 2016 18:16 AM
      Dec 18, 2016 18:24 AM

      Sorry here’s the top page:
      http://smartmoneytrackerpremium-exposed.com/

        GH
        Dec 18, 2016 18:46 PM

        I read his free blog fairly often and find it useful. I do find his ‘everyone but me always gets it wrong’ rhetoric to be irritating.

        But this SMT exposed site looks over the top to me. There’s been this strange feud between he and Avi Gilburt for quite some time now. Avi was quite a provocative jerk to Gary when Gary was still participating at KER. And Gary wasn’t big enough to refuse to rise to the bait. Or so I saw it. I haven’t picked through his trading record. But as I say, I see plenty of useful insight on his free blog.

        Anyway, that’s about all the time I have for this kind of thing. I glean insights where I can, do my own analysis, and take full responsibility for my trades.

          Dec 18, 2016 18:49 PM

          Read the latest mishap towards the bottom of the page.
          He’s kicking all that critique his losing trades on his paid site and free site.
          He’s been dead wrong on gold, energy, USD, and the stock market for the last 6 months!

    Dec 18, 2016 18:05 PM

    Caught On Tape: China’s Currency Rigging

    With the Yuan at its weakest against the Dollar since May 2008, it’s becoming harder and harder (and more and more expensive) for China to hide/defend its devaluation strategy (CNH down over 13% since the ‘one-off’ Aug 2015 devaluation).

    http://www.zerohedge.com/news/2016-12-18/caught-tape-chinas-currency-rigging

    b
    Dec 18, 2016 18:22 PM

    Not sure just what the big deal is with China devaluing.
    We have been in a currency war for years now.
    I forget, was it Sweden or Switzerland that devalued 20% in 1 day?

    A currency war really is ridiculous, the winner being the guy that kills himself first.

    Ya, people are geniuses.

    b
    Dec 18, 2016 18:23 PM

    The issue of course is after a currency war we should get trade wars, then of course bullets fly.
    Hope Trump can stop it.