Tag Archives: economy

Porkins Policy Radio episode 133 JP Sottile on Kushner and Tariffs, Chuck Ochelli on AFRICOM and China

In the first hour JP Sottile of News Vandal joins me to discuss the latest political machinations in Washington DC. We begin with the latest developments regarding Trump lackey Jared Kushner. JP and I talk about his recent loss of Top Secret security clearance and what this may or may not mean going forward. JP then discusses the latest revelations about Kushner and his ties to both Qatar and the UAE. We talk about the revelation that several countries including China and the UAE saw Kushner as a useful tool in order to get what they wanted out of the United States. We look at the role that Kushner plays within the White House, and his ongoing battle with chief of staff John Kelly. JP and I also touch on the interesting timing of the sanctions against Qatar and his own business deals with the Gulf Nation. Later JP and I explore Trump’s proposed tariff on steal and aluminum imports. We discuss how this ultimately translates into a high tax on the American people who buy Chinese made pots and pans. JP and I talk about how this is yet another attempt to go to war with big bad evil China. We also talk about how everything from cars to the price of beer could dramatically increase. JP also explains how Trump’s proposal will, like most of his policy proposals, never really come to pass the way he wants them.

In the second hour Chuck Ochelli of Ochelli.com joins me for an in-depth discussion of the US military presence in Africa. We start off by discussing a recent report from AFRICOM which stated that there was not proper command approval for the disastrous mission in the Tongo Tongo region of Niger. Chuck and I break down the double speak coming out of AFRICOM. We talk about how AFRICOM is attempting to absolve itself from the deadly raid, while at the same time recommending more and more support for US forces in Africa. Chuck and I also dive into AFRICOM commander Gen. Thomas Waldhauser’s recent testimony before congress on the looming threat of China. We discuss China’s quiet soft colonization, and their quiet construction of military bases in places like Djibouti. We also talk about the growing threat of ISIS and the resurgence of Al Qaeda in West Africa. Chuck and I talk about the recent Al Qaeda attack in Burkina Faso and the theory that the next great conflict may be fought on the African continent. We finish off by touching on China’s plan to build a military base in the Wahkan Corridor in Afghanistan. I talk about China’s fear of political and military insatiably in Northern Afghanistan, and the threat of Uighur groups like ETIM, and how this has led them to take further steps militarily.

Download PPR episode 133

Show Notes:

News Vandal

Ochelli.com

Kushner’s overseas contacts raise concerns as foreign officials seek leverage

Probe finds deadly Niger mission lacked proper approval

AFRICOM seeks danger pay for troops deployed to Niger

AFRICOM chief: Expect more Chinese bases in Africa

Al Qaeda branch in Mali claims Burkina Faso attacks

Tuareg militias battle Islamic State-loyal militants in northern Mali

China in Talks Over Military Base in Remote Afghanistan

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Ochelli Effect: Alternate Reality Show Transcript

From Ochelli.com

Friend of the show and fellow radio host Pearse Redmond joins Chuck to deal with the news of the day and the seemingly unreported inflation that we the rest of the people not blessed by the elite to be useful idiots like Trump are currently living through. Porkins and Chuck both start to toy with the EMF connection to the alleged Mandela Effect as they find that reality may have shifted far beyond some bears in a children’s book … What of the rise of the Police State in the face of the artificial Social landscape that replaces real conflict with fabrications via Twitter and the emerging news feed that is a frenzy burger in plastic joined with anxiety fries. alternate reality show transcript … PLUS a few new thoughts on the LIVE Shooter Drill and events connected to the most recent ugly in Florida. The Troll Farm brought to you by your friendly State Department and much more. Mike Swanson will return next week and fill in the blanks about Wall Street and other financial items.

Download episode

Show Notes:

11 Marines affected in hazmat incident at Fort Myer near Pentagon

Here’s how much Trump wants to pay the people one governor calls ‘pistol-packing first-grade teachers’

The Broward Sheriff’s Juvenile Arrest Conspiracy Might Actually Be True

State Department Gets $40 Million to Fund New Propaganda Troll Farm

The Causes of Violence in Our Society

Porkins Policy Radio episode 122 The economy, Bitcoin, AI, and Christmas with JP Sottile and Aaron Franz

Friend of the show JP Sottile joins me in the first hour for an in-depth discussion about the recently passed tax reform bill in the House. We talk about what this reform package is promising and what the possible outcomes may actually be. JP discusses how this will ultimately benefit the richest of the rich in America, while most likely punishing the rest of the nation. We analysis the GOP’s strategy with pushing this wildly unpopular bill. JP and I discuss the idea that this may be part of a longer term strategy of ousting Trump from power. JP touches on Bannon’s attempts to tax the rich more and how this was rebuffed by the Republican establishment. Later we talk about how this may result in the GOP being out of power for some time. We then move onto a discussion of Bitcoin and how this has become the story that everyone is talking about. JP and I link this in with the tax reform bill and the financialization of the world economy. We talk about the idea of Bitcoin being a bubble and the logical result of our highly financialized world. JP and I also touch on the creepy transhumanist aspects of Bitcoin. We talk about the transhumanists behind Bitcoin, and how the embrace of it maybe a prelude to more transhumanists transitions. We end by briefly talking about Trump’s bizarre water drinking habits, and the rumor this is related to possible drug use.

I start off the second hour by talking about my show being reported in major news outlets including the Palm Beach Post and Daily Mail. I discuss how the mainstream media reported on my interview with F Lee Bailey and Pat McKenna, and some of the positives and negatives. Later good friend Aaron Franz joins us to discuss some of the strange occult aspects of Christmas. Aaron talks about the winter solstice’s connection to Jesus and the story of Christmas. Aaron and I also touches on the occult nature of buying a Christmas tree itself. We talk about strange ancient Greek castration practices under evergreen trees. We talk about the life and death ritual of buying a Christmas tree. We then move onto the most recent news stories about AI, focusing mostly on Sophia, Ben Goertzel, and SingularityNET. Aaron talks about Goertzel’s role within SingularityNET and his promotion of the BlockChain. We also talk about the strange rise in acceptance of sex robots and how this could be a pernicious development for society as a whole.

Download PPR episode 122

Show Notes:

Newsvandal

House will have to vote for tax-cut bill again

Coinbase Halts Bitcoin Cash Trading Abruptly After Exchange Launch

Age of Transitions

SingularityNET

Gold Baffles Bernake by James Corbett

This is an article that James Corbett just wrote of the International Forecaster, which he also edits.  I wanted to put up whole article here because in one page James Corbett is able to debunk a lot of the tired old myths about gold, and why central banks denigrate it constantly, while they are buying it up like hot cakes.  Original article here.
By James Corbett

Bloomberg launched a peculiar arrow from its quiver of propaganda this past Monday. For this one, they dug into the archives for a quotation from Chairman Ben of the Fed about how he doesn’t understand gold:

“Bernanke, who holds economics degrees from Harvard College and the Massachusetts Institute of Technology and led the Federal Reserve through the biggest financial disaster since the Great Depression, told the Senate Banking Committee in July that ‘nobody really understands gold prices and I don’t pretend to really understand them either.’”

This is a particularly odd (and predictably transparent) propaganda piece from the Bloomberg boys, as the quotation in question, the one that they build their whole story around, is now three months old. Why suddenly bust it out of the bag of tricks at this particular juncture? Well, to badmouth gold, of course! And just look at all those impressive degrees that the revered leader of the Debt-enslaved world has to his name, prestigious pieces of paper from Harvard and M.I.T. demonstrating his superiority over the common folk. Well, shucks, Bloomberg, I guess if Bernanke can’t figure out gold prices then no one can.

Of course, it could be that “nobody really understands gold prices” not because they inhabit some strange strata of the economic universe where the laws of economics fail to apply, but because the price is heavily manipulated from top to bottom, as has been painstakingly outlined by GATA and other organizations over the years. But that sounds like an explanation, and we can’t have that. Let’s just stick with the “nobody understands it” line and hope no one bothers to dig deeper.

The rest of the story is not much better. It goes on to detail (quite rightly) that the world’s central banks have been buying gold at a blistering pace, including 535 tons of it last year, the most central bank gold buying since 1964. But it then goes on to talk about how much value gold has lost since its September 2011 peak, and how those central banks are basically big bozos for betting big on bombing bullion. No consideration whatsoever to the idea that the central banks are preparing for an economic reality that has not been priced into gold as of yet, a future of their own making.

Could it be that central banks know something that the average day trader doesn’t about the reckoning that is due on the largest bond bubble in history, one that those self-same central banks have consciously created?

Could it be that central banks know something the talking heads don’t about the impossibility of tapering from the Fed’s QE heroin, and that the Fed is now committed to a game of chicken with the brick wall of total collapse?

Could it be that central banks of certain countries are working behind the scenes to capitalize alternative development banks and other ambitious financial projects that might form the framework of a new monetary paradigm for the 21st century, one that eschews the dollar for a basket of gold-backed BRICS currencies?

Could it be, in other words, that the central bankers really do understand that the gold price as it stands in today’s dollar denomination represents a prime buying opportunity?

No, that can’t be right. After all, if that were the case then I’m sure we could all rely on Chairman Ben to tell us so and the good folks at Bloomberg to reliably report it. Right?

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