Showing posts with label Conservatism in the United States. Show all posts
Showing posts with label Conservatism in the United States. Show all posts

Thursday, December 28, 2017

Hannity Promises To Expose CNN & NBC News In "EpicFail"

"Tick tock."



In a mysterious tweet yesterday evening to his 3.19 million followers, Fox News" Sean Hannity offered a preview of what is to come from his show next week, warning that he "will expose" CNN and NBC News for what he calls a "#EpicFail."


He followed up last night"s tweet...



With another tonight, highlighting the "fake news" being spewed forth from various media entities...



We will just have to be patient to discover what he has in store for CNN and NBC, but as The Hill notes, Hannity has focused on what he calls "the destroy Trump fake news media" on most nights during his Fox News prime-time opinion program, particularly during his opening monologues that invariably include clips of CNN and MSNBC hosts and pundits going after the president in hyperbolic fashion.


Like many cable news hosts this week, Hannity is on vacation the week between Christmas and New Year"s Day. He will return to the airwaves on Jan. 2.


The past year has been a good one for the 55-year-old staunch conservative, with his candidate of choice in Trump taking office, his move from 10 p.m. to the more-watched time slot of 9 p.m. and his finish on top of the cable news ratings race following the move, averaging 3.2 million viewers.









Tuesday, December 26, 2017

Traub: "The US Has Reached The Last Stage Before Collapse"

Authored by James Traub via Foreign Policy,


The United States of America Is Decadent and Depraved


The problem isn’t Donald Trump – it’s the Donald Trump in all of us...


In The History of the Decline and Fall of The Roman Empire, Edward Gibbon luridly evokes the Rome of 408 A.D., when the armies of the Goths prepared to descend upon the city. The marks of imperial decadence appeared not only in grotesque displays of public opulence and waste, but also in the collapse of faith in reason and science. The people of Rome, Gibbon writes, fell prey to “a puerile superstition” promoted by astrologers and to soothsayers who claimed “to read in the entrails of victims the signs of future greatness and prosperity.”


Would a latter-day Gibbon describe today’s America as “decadent”? I recently heard a prominent, and pro-American, French thinker (who was speaking off the record) say just that. He was moved to use the word after watching endless news accounts of U.S. President Donald Trump’s tweets alternate with endless revelations of sexual harassment. I flinched, perhaps because a Frenchman accusing Americans of decadence seems contrary to the order of nature. And the reaction to Harvey Weinstein et al. is scarcely a sign of hysterical puritanism, as I suppose he was implying.


And yet, the shoe fit. The sensation of creeping rot evoked by that word seems terribly apt.


Perhaps in a democracy the distinctive feature of decadence is not debauchery but terminal self-absorption - the loss of the capacity for collective action, the belief in common purpose, even the acceptance of a common form of reasoning. We listen to necromancers who prophesy great things while they lead us into disaster. We sneer at the idea of a “public” and hold our fellow citizens in contempt. We think anyone who doesn’t pursue self-interest is a fool.


We cannot blame everything on Donald Trump, much though we might want to. In the decadent stage of the Roman Empire, or of Louis XVI’s France, or the dying days of the Habsburg Empire so brilliantly captured in Robert Musil’s The Man Without Qualities, decadence seeped downward from the rulers to the ruled. But in a democracy, the process operates reciprocally. A decadent elite licenses degraded behavior, and a debased public chooses its worst leaders. Then our Nero panders to our worst attributes — and we reward him for doing so.


“Decadence,” in short, describes a cultural, moral, and spiritual disorder — the Donald Trump in us. It is the right, of course, that first introduced the language of civilizational decay to American political discourse. A quarter of a century ago, Patrick Buchanan bellowed at the Republican National Convention that the two parties were fighting “a religious war … for the soul of America.” Former Speaker Newt Gingrich (R-Ga.) accused the Democrats of practicing “multicultural nihilistic hedonism,” of despising the values of ordinary Americans, of corruption, and of illegitimacy. That all-accusing voice became the voice of the Republican Party. Today it is not the nihilistic hedonism of imperial Rome that threatens American civilization but the furies unleashed by Gingrich and his kin.


The 2016 Republican primary was a bidding war in which the relatively calm voices — Jeb Bush and Marco Rubio — dropped out in the early rounds, while the consummately nasty Ted Cruz duked it out with the consummately cynical Donald Trump. A year’s worth of Trump’s cynicism, selfishness, and rage has only stoked the appetite of his supporters. The nation dodged a bullet last week when a colossal effort pushed Democratic nominee Doug Jones over the top in Alabama’s Senate special election. Nevertheless, the church-going folk of Alabama were perfectly prepared to choose a racist and a pedophile over a Democrat. Republican nominee Roy Moore almost became a senator by orchestrating a hatred of the other that was practically dehumanizing.


Trump functions as the impudent id of this culture of mass contempt.


Of course he has legitimized the language of xenophobia and racial hatred, but he has also legitimized the language of selfishness. During the campaign, Trump barely even made the effort that Mitt Romney did in 2012 to explain his money-making career in terms of public good. He boasted about the gimmicks he had deployed to avoid paying taxes. Yes, he had piled up debt and walked away from the wreckage he had made in Atlantic City. But it was a great deal for him! At the Democratic convention, then-Vice President Joe Biden recalled that the most terrifying words he heard growing up were, “You’re fired.” Biden may have thought he had struck a crushing blow. Then Americans elected the man who had uttered those words with demonic glee. Voters saw cruelty and naked self-aggrandizement as signs of steely determination.


Perhaps we can measure democratic decadence by the diminishing relevance of the word “we.” It is, after all, a premise of democratic politics that, while majorities choose, they do so in the name of collective good. Half a century ago, at the height of the civil rights era and Lyndon B. Johnson’s Great Society, democratic majorities even agreed to spend large sums not on themselves but on excluded minorities. The commitment sounds almost chivalric today. Do any of our leaders have the temerity even to suggest that a tax policy that might hurt one class — at least, one politically potent class — nevertheless benefits the nation?


There is, in fact, no purer example of the politics of decadence than the tax legislation that the president will soon sign. Of course the law favors the rich; Republican supply-side doctrine argues that tax cuts to the investor class promote economic growth. What distinguishes the current round of cuts from those of either Ronald Reagan or George W. Bush is, first, the way in which they blatantly benefit the president himself through the abolition of the alternative minimum tax and the special treatment of real estate income under new “pass-through” rules. We Americans are so numb by now that we hardly even take note of the mockery this implies of the public servant’s dedication to public good.


Second, and no less extraordinary, is the way the tax cuts have been targeted to help Republican voters and hurt Democrats, above all through the abolition or sharp reduction of the deductibility of state and local taxes. I certainly didn’t vote for Ronald Reagan, but I cannot imagine him using tax policy to reward supporters and punish opponents.


He would have thought that grossly unpatriotic. The new tax cuts constitute the economic equivalent of gerrymandering. All parties play that game, it’s true; yet today’s Republicans have carried electoral gerrymandering to such an extreme as to jeopardize the constitutionally protected principle of “one man, one vote.” Inside much of the party, no stigma attaches to the conscious disenfranchisement of Democratic voters. Democrats are not “us.”


Finally, the tax cut is an exercise in willful blindness. The same no doubt could be said for the 1981 Reagan tax cuts, which predictably led to unprecedented deficits when Republicans as well as Democrats balked at making offsetting budget cuts. Yet at the time a whole band of officials in the White House and the Congress clamored, in some cases desperately, for such reductions. They accepted a realm of objective reality that existed separately from their own wishes. But in 2017, when the Congressional Budget Office and other neutral arbiters concluded that the tax cuts would not begin to pay for themselves, the White House and congressional leaders simply dismissed the forecasts as too gloomy.


Here is something genuinely new about our era: We lack not only a sense of shared citizenry or collective good, but even a shared body of fact or a collective mode of reasoning toward the truth. A thing that we wish to be true is true; if we wish it not to be true, it isn’t. Global warming is a hoax. Barack Obama was born in Africa. Neutral predictions of the effects of tax cuts on the budget must be wrong, because the effects they foresee are bad ones.


It is, of course, our president who finds in smoking entrails the proof of future greatness and prosperity. The reduction of all disagreeable facts and narratives to “fake news” will stand as one of Donald Trump’s most lasting contributions to American culture, far outliving his own tenure. He has, in effect, pressed gerrymandering into the cognitive realm. Your story fights my story; if I can enlist more people on the side of my story, I own the truth. And yet Trump is as much symptom as cause of our national disorder. The Washington Post recently reported that officials at the Center for Disease Control were ordered not to use words like “science-based,” apparently now regarded as disablingly left-leaning. But further reporting in the New York Times appears to show that the order came not from White House flunkies but from officials worried that Congress would reject funding proposals marred by the offensive terms. One of our two national political parties — and its supporters — now regards “science” as a fighting word. Where is our Robert Musil, our pitiless satirist and moralist, when we need him (or her)?


A democratic society becomes decadent when its politics, which is to say its fundamental means of adjudication, becomes morally and intellectually corrupt. But the loss of all regard for common ground is hardly limited to the political right, or for that matter to politics. We need only think of the ever-unfolding narrative of Harvey Weinstein, which has introduced us not only to one monstrous individual but also to a whole world of well-educated, well-paid, highly regarded professionals who made a very comfortable living protecting that monster. “When you quickly settle, there is no need to get into all the facts,” as one of his lawyers delicately advised.


This is, of course, what lawyers do, just as accountants are paid to help companies move their profits into tax-free havens. What is new and distinctive, however, is the lack of apology or embarrassment, the sheer blitheness of the contempt for the public good. When Teddy Roosevelt called the monopolists of his day “malefactors of great wealth,” the epithet stung — and stuck. Now the bankers and brokers and private equity barons who helped drive the nation’s economy into a ditch in 2008 react with outrage when they’re singled out for blame. Being a “wealth creator” means never having to say you’re sorry. Enough voters accept this proposition that Donald Trump paid no political price for unapologetic greed.


The worship of the marketplace, and thus the elevation of selfishness to a public virtue, is a doctrine that we associate with the libertarian right. But it has coursed through the culture as a self-justifying ideology for rich people of all political persuasions — perhaps also for people who merely dream of becoming rich.


Decadence is usually understood as an irreversible condition — the last stage before collapse. The court of Muhammad Shah, last of the Mughals to control the entirety of their empire, lost itself in music and dance while the Persian army rode toward the Red Fort. But as American decadence is distinctive, perhaps America’s fate may be, too. Even if it is written in the stars that China will supplant the United States as the world’s greatest power, other empires, Britain being the most obvious example and the one democracy among them, have surrendered the role of global hegemon without sliding into terminal decadence.


Can the United States emulate the stoic example of the country it once surpassed? I wonder. The British have the gift of ironic realism. When the time came to exit the stage, they shuffled off with a slightly embarrassed shrug. That, of course, is not the American way. When the stage manager beckons us into the wings we look for someone to hit — each other, or immigrants or Muslims or any other kind of not-us. Finding the reality of our situation inadmissible, like the deluded courtiers of the Shah of Iran, we slide into a malignant fantasy.


But precisely because we are a democracy, because the values and the mental habits that define us move upward from the people as well as downward from their leaders, that process need not be inexorable. The prospect of sending Roy Moore to the Senate forced a good many conservative Republicans into what may have been painful acts of self-reflection. The revelations of widespread sexual abuse offer an opportunity for a cleansing moment of self-recognition — at least if we stop short of the hysterical overreaction that seems to govern almost everything in our lives.


Our political elite will continue to gratify our worst impulses so long as we continue to be governed by them. The only way back is to reclaim the common ground — political, moral, and even cognitive — that Donald Trump has lit on fire. Losing to China is hardly the worst thing that could happen to us. Losing ourselves is.


 









Sunday, December 24, 2017

From Camo To "Lucky Charms" - Tucker Carlson"s Hilarious List Of 100 "Racist" Things

Authored by Amber Athey via The Daily Caller,


Fox News’ Tucker Carlson tweeted out Friday a hilarious list of 100 things people have deemed “racist” this year, and some of the entries are just unbelievable.



The Daily Caller founder geared up for the list by telling his followers that “we live in revolutionary times” and that some “wild things” happened in the past year.




Carlson gave each “racist” item its own separate tweet, and while the list is worth reading in its entirety, we’ve compiled some of the best ones for you here.




#1: Trees


A group of trees in Palm Springs, California, was considered racist because the trees separated an upscale golf course from a historically black neighborhood. City officials promised to kill the trees, ridding Palm Springs of a longtime symbol of oppression.




#8. Disney movies




Kat George, a writer for Vh1’s website, insisted in 2017 that some of your favorite Disney movies are racist. The Little Mermaid was listed as an offender because Sebastian, Ariel’s crab sidekick, spoke in an exaggerated Jamaican accent.




#13. Milk


Milk apparently became a symbol of the alt-right and neo-Nazis this year because racial minorities may be more likely to suffer from lactose intolerance. Even worse, the USDA’s dietary guidelines further such oppression by advertising dairy as an essential part of a healthy diet.




#18. Science


Students in South Africa declared that science is racist because it cannot explain “black magic” — no, really.


“I have a question for all the science people. There is a place in KZN called Umhlab’uyalingana, and they believe that through the magic, the black magic–you call it black magic, they call it witchcraft–you are able to send lightening to strike someone,” one student explained. “Can you explain that scientifically? Because it’s something that happens.”




#29. Military Camouflage


Don’t use face paint while sneaking through the jungle, or you might be accused of racism! The British Army was accused of donning “blackface” after they posted a picture of a soldier wearing dark face paint and holding a rifle.




#41. Lucky Charms


A diversity officer at Miami University was actually open to the idea of banning Lucky Charms because some undercover students claimed the cereal was racist against Irish Americans. Yikes.




#49. Expecting people to show up on time


In this case, timeliness is NOT next to godliness. Expecting students to show up on time to class might be insensitive to “cultural differences,” Clemson University said in a diversity training program.




#64. Babies


Looks like that diversity training might have to start sooner than expected. According to a study by the University of Toronto, babies show preferences to adults of their own race.




You can follow the full thread on Tucker’s Twitter account HERE.









Friday, December 22, 2017

Rosie O"Donnell Gets Called Out By Ben Shapiro Over $2 Million Bribe, Tells Him To "Suck My D*ck"

Content originally published at iBankCoin.com


Daily Wire editor-in-chief Ben Shapiro filled in for Glenn Beck on Thursday, where he discussed an interesting Twitter exchange he had with long-time Trump enemy Rosie O"Donnell, whose face pretty much always looks like this.



On Tuesday night, O"Donnell attempted to illegally bribe various members of Congress with $2 million if they"d vote against the GOP tax reform bill - tweeting "so about about this i promise to give 2 million dollars to senator susan collins and 2 million to senator jeff flake if they vote NO," adding in mentally ill caps "NO I WILL NOT KILL AMERICANS FOR THE SUOER [sic] RICH... ...DM me susan DM me jeff no sh*t 2 million cash each."



O"Donnell followd up with "I swear. I will write them a check."



Noting how totally illegal this is - even crazy Louise "hard drugs messed with my mind" Mensch chimed in:


Rosie disagreed - doubling down: 



Enter conservative pundit Ben Shapiro: 



To which well adjusted Rosie replied: Suck my d*ck Ben


 



Something you want to tell us Rosie?




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Monday, December 18, 2017

Austria: New Government To Resist "Islamization"

Authored by Soeren Kern via The Gatestone Institute,



  • A coalition between the anti-immigration Austrian People"s Party and the anti-establishment Austrian Freedom Party, which will be sworn into office on December 18, is poised to catapult Austria to the vanguard of Western Europe"s resistance to mass migration from the Muslim world.

  • The massive demographic and religious shift underway in Austria, traditionally a Roman Catholic country, appears irreversible. Austria has also emerged as a major base for radical Islam.

  • "We have a lot in common [with Israel]. I always say, if one defines the Judeo-Christian West, then Israel represents a kind of border. If Israel fails, Europe fails. And if Europe fails, Israel fails." — Heinz-Christian Strache, leader of the Austrian Freedom Party.


The anti-immigration Austrian People"s Party and the anti-establishment Austrian Freedom Party have reached a deal, creating a new coalition to govern Austria for the next five years. The ground-breaking political alliance, which will be sworn into office on December 18, is poised to catapult Austria to the vanguard of Western Europe"s resistance to mass migration from the Muslim world.


Chancellor-elect Sebastian Kurz, 31, who won Austria"s national election on October 15 after campaigning on a promise to halt illegal immigration, will govern with Heinz-Christian Strache, 48, the Freedom Party leader, who has warned that mass migration is "Islamizing" Austria. Under the agreement, Strache will become the vice-chancellor; the Freedom Party will also take control of the ministries of defense, interior and foreign affairs.




Austrian Chancellor-elect Sebastian Kurz (pictured), who won Austria"s national election after campaigning on a promise to halt illegal immigration, will govern with Heinz-Christian Strache, 48, the Freedom Party leader, who has warned that mass migration is "Islamizing" Austria. (Image source: Raul Mee/EU2017EE/Flickr)


Kurz has been a strong critic of German Chancellor Angela Merkel"s open-door migration policy, which has allowed more than a million mostly male migrants from Africa, Asia and the Middle East to enter the country during the past two years.


During his time as foreign minister, Kurz was instrumental in garnering parliamentary approval of a groundbreaking new law that regulates the integration of immigrants. The so-called Integration Law — which bans full-face Muslim veils in public spaces and prohibits Islamic radicals from distributing the Koran — establishes clear rules and responsibilities for recognized asylum seekers and refugees granted legal residence in the country.


The new law requires immigrants from non-EU countries to sign an "integration contract" which obligates them to learn written and spoken German and to enroll in courses about the "basic values of Austria"s legal and social order." Immigrants are also required to "acquire knowledge of the democratic order and the basic principles derived from it."


Previously, Kurz was instrumental in reforming Austria"s century-old Islam Law (Islamgesetz), governing the status of Muslims in the country. The new law, passed in February 2015, is aimed at integrating Muslims and fighting Islamic radicalism by promoting an "Islam with an Austrian character." It also stresses that Austrian law must take precedence over Islamic Sharia law for Muslims living in the country.


Austria"s Muslim population now exceeds 700,000 (or roughly 8% of the total population), up from an estimated 340,000 (or 4.25%) in 2001, and 150,000 (or 2%) in 1990, according to data compiled by the University of Vienna.


The massive demographic and religious shift underway in Austria, traditionally a Roman Catholic country, appears irreversible. In Vienna, where the Muslim population now exceeds 12.5%, Muslim students already outnumber Catholic students at middle and secondary schools. Muslim students are also on the verge of overtaking Catholics in Viennese elementary schools.


At the same time, Austria has emerged as a major base for radical Islam. Austria"s Agency for State Protection and Counterterrorism (BVT) has warned of the "exploding radicalization of the Salafist scene in Austria." Salafism is an anti-Western ideology that seeks to impose Islamic Sharia law.


"The immigration seen in recent years is changing our country not in a positive but in a negative way," said Kurz, who campaigned on a "law and order" platform: "Uncontrolled immigration destroys the order in a country."


Strache, a supporter of Israel who has distanced his party from the rhetoric of the Austrian far right, insists that anti-Semitism had no place in his party and has urged a common front against Islamists. He has also pledged "to ensure that boycotts [against Israeli products] get taken off the agenda."


During an April 2016 visit to the Yad Vashem Holocaust memorial in Jerusalem, at the invitation of at the invitation of Israeli Prime Minister Benjamin Netanyahu"s Likud party, Strache said:


"For us, it"s important to act against anti-Semitism, and also against Islamism and terrorism, and to discuss the issues we have in common. Anti-Semitism often emerges anew from Islamism and from the left.


 


"We have a lot in common [with Israel]. I always say, if one defines the Judeo-Christian West, then Israel represents a kind of border. If Israel fails, Europe fails. And if Europe fails, Israel fails."



Strache has called Merkel "the most dangerous woman in Europe" because of her migration policies, and has repeatedly said that Islam is "not part" of Austria. Strache has also warned that the "uncontrolled influx of migrants who are alien to our culture, who seep into our social welfare system ... makes civil war in the medium-term not unlikely." A Eurosceptic, Strache has called the European Union a "bureaucratic monster" and has said that Britain will "probably be better off after Brexit."


At Strache"s insistence, Karin Kneissl, an independent Middle East expert who speaks eight languages, including Arabic and Hebrew, will become Austria"s new foreign minister. Kneissl has been a vocal critic of EU Commission President Jean-Claude Juncker, whom she has described as the "Caesar of Brussels." She has also criticized Merkel"s migrant policy as "grossly negligent."


Kneissl has said that most of the "refugees" arriving in Europe are overwhelmingly young males between the ages of 20 and 30 who are "economic migrants controlled by testosterone." In an interview on Austrian television, Kneissl said that one of the main reasons for the revolts in the Arab world was "many young Arab men can no longer find a wife because they have neither work nor their own home, and thus cannot achieve the status of a man in a traditional society."


Freedom Party Chairman Herbert Kickl, a speechwriter for the late party leader Jörg Haider and a close confidant of Strache, will become interior minister, a key position for domestic security and border control, while Mario Kunasek, a professional soldier, will run the defense ministry. Of the 16 future government ministers, only Kurz has Cabinet experience.


A 180-page document explains the new government"s agenda between now and 2022. It promises to crack down on political Islam; to crack down on illegal immigration; to speed up asylum decisions and to sponsor an EU summit on immigration when Austria holds the EU presidency in the second half of 2018.


The document also pledges to give Austrians more opportunities to vote in referendums — although it explicitly refuses to allow a referendum on the country"s continued membership in the European Union.


In addition, the document promises to: require migrants to learn German; require migrant kindergartners who have insufficient German language skills to repeat kindergarten before progressing to the first grade; increase the legal penalties for sexual crimes; strengthen Austrian defense; hire more police officers; reduce the bureaucracy and not raise taxes.


At the same time, however, the document pledges a strong commitment to the European Union: "Only in a strong Europe can there be a strong Austria in which we are able to take advantage of the opportunities of the 21st century."


Some observers have said that Kurz"s professed commitment to the European Union was aimed at calming worries in Europe about the Freedom Party"s Euroskeptic and anti-Islamization policy objectives. Others have described Kurz as a pragmatist "who is anti-establishment and establishment at the same time."


Kurz has nevertheless pledged to reject the European Union"s compulsory migrant quota. "I will work towards changing this erroneous refugee policy," he said. "Without the proper protection of the external borders of the EU, we will not come to grips with the problem of illegal migration."









Wednesday, December 13, 2017

Bill O"Reilly: Secret Tape Exists Of Woman Offered $200K To File Sexual Harassment Charges Against Trump (AUDIO)

Content originally published at iBankCoin.com


Hours after several of Donald Trump"s accusers assembled for a Monday press conference to call on congress to launch an investigation into allegations of sexual misconduct lodged against the President, Bill O"Reilly appeared on Glenn Beck"s radio show to discuss what he claims is the existence of a tape showing a woman being offered $200,000 to accuse Donald Trump of "untoward behavior." 




O"Reilly told Beck that his lawyer listened to the tape and that there are at least three crimes contained on it: 








O"Reilly: There is a tape, Beck, an audio tape of an anti-Trump person offering $200,000 to a woman to accuse Donald Trump of untoward behavior. 


 


Beck: Is this tape going to be released? 


 


O"Reilly: I may have to go to the US Attorney myself. I don"t wanna have to do that and inject myself into the story, but I had my lawyer listen to the tape. He"s listened to it. There are at least three crimes on the tape. So as a citizen, I may have to do this. 


 


Beck: I will tell you Bill, the first thing that you say - well I"m trying to get it, I"m trying to get it so it can be released. You weren"t talking about getting it for YOU to release it, but it had to be out there. And I think the first time I said to you, I mean, if they don"t - you"ve gotta bring it to the US Attorney.


 


O"Reilly: Again, it"s in the hands of someone who knows the seriousness of the situation. 


 


Beck: What is their hesitancy?


 


O"Reilly: You know, I can"t really get into that at this point. But I can tell you that Donald Trump knows about the tape. And I"m, for the life of me, sitting here going "Why on earth are you allowing a movement to try to smear you when you have a powerful - and I mean it"s powerful - piece of evidence that shows that this is an industry. That there are false charges and money changing hands." It"s so frustrating but I wanted your listeners to know it, it"s there, it"s amazing, and it will change the whole discussion if it ever gets out



Watch below: 



O"Reilly first divulged the existence of the tape six weeks ago in a largely unnoticed interview with Newsmax








O"Reilly told Newsmax on Monday that investigators working for him had uncovered an audio recording of "an anti-Trump attorney" offering an unidentified woman $200,000 to file sexual harassment charges against then-presidential candidate Donald J. Trump.


 


"It exists," O"Reilly said. "We have urged the person who has the tape to hand it over to the U.S. attorney, because my investigative team believes there are three separate crimes on the audio tape."


 


O"Reilly tells Newsmax his attorneys have listened to the tape. O"Reilly stated he is not in possession of the recording, but the conversation is believed to have taken place before last year"s presidential election.


 


"It"s related to my situation," O"Reilly insists, "and when the tape emerges, you will see why. I can"t say any more than that, but it is related to my situation."



With the "Russiagate" witch hunt fizzling out amid revelations that Special Counsel Robert Mueller"s probe is stacked with several anti-Trump team investigators, O"Reilly warns that there"s going to be a huge push to rehash sexual misconduct allegations against the President. While several of these claims have been debunked or refuted, and Trump even threatening to sue the NYT at one point, it will come as a surprise to exactly nobody if and when "Russiagate" shifts into "Gropegate" in 2018.


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Thursday, December 7, 2017

Peter Schiff Warns Of "Too Big To Pop" Bubble - "Everybody Is Going To Get Wiped Out!"

via Greg Hunter"s USAWatchdog.com,


Money manager Peter Schiff correctly predicted the financial meltdown in 2008.



Now, 10 years later, what does Schiff see today?  Schiff says,


“I predicted a lot more than just the stock market going down back then.  I predicted the financial crisis, but more importantly, I predicted what the government would do as a result of the financial crisis and what the consequences of that would be because that’s where we’re headed. 


 


The real crash I wrote about in my most recent book is still coming...


 


This is the third gigantic bubble that the Fed has inflated, and when this one pops, it’s not going to be ‘the third time is a charm.’  It’s going to be ‘three strikes and you’re out.’ 


 


I think this bubble is too big to pop.  I think it’s the mother of all bubbles, and when it bursts, there is not a bigger one that the Fed is going to be able to inflate to mask these problems, meaning we can’t kick the can down the road anymore.”



This time, the crisis is going to hit everyone in the wallet. Schiff goes on to say,


“I think the problem we are going to be confronted with is going to be much worse than a financial crisis.  It is going to be a dollar crisis, and it is going to be a sovereign debt crisis where the bonds people are worried about are not some sub-prime mortgages...


 


It’s going to be the U.S. government that people are worried about and the solvency of the U.S. government and the Treasury bonds.  If it’s a dollar crisis and people are worried about the dollar, the only thing worse than owning a dollar today is owning the promise of being paid in dollars in the future. 


 


I don’t think we have the courage to default and admit to our creditors that we don’t have the money and we can’t repay.  I think we will create all the money that we need so we can pretend to repay, but what we end up doing is wiping out the debt with inflation.



So, how long can it go on? Schiff says,


“How high can the debt go?  I don’t know and you don’t know...


 


How many straws can you put on a camel’s back?  You don’t know until you put that final straw that’s one too many and you break his back.  So, can we go to $25 trillion in debt?  Maybe.  At some point, we are going to break the back of the camel with all this debt.  Then we are going to find out how much debt we can pile on, and it’s not going to be pretty. 


 


Everybody is going to lose.  Everybody is going to get wiped out who has been partying in the stock market, the bond market and the real estate market.  The dollar is going to tank, and purchasing power is going to get wiped out.”



Inversely, Schiff says it is the same with the suppressed gold and silver markets. Schiff contends,


“They can’t keep doing it, and it will end.  It’s just like how much debt can we take on.  It’s not an unlimited amount.  We will know when we get there. 


 


How long can they keep the price of gold suppressed?  We will know when we get there.  At some point, the price is going to explode because there is real physical buying, and all that paper selling can’t camouflage that...


 


People don’t trust fiat currencies . . . . More and more people are looking for alternatives, and the real alternative is gold.  When they embrace it, it’s going to overwhelm central banks’ ability to suppress the price.  In the meantime, enjoy the gift that they are giving.”



Join Greg Hunter as he goes One-on-One with money manager and financial expert Peter Schiff, founder of Euro Pacific Capital...



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Tuesday, December 5, 2017

Ron Paul: Good News, Young Americans Want A New Political Party

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,


Do we need a third major political party?



I often joke that I’d be happy if we actually had a second party, as when it comes to the big issues – war, monetary policy, civil liberties – the Republicans and Democrats are more alike than different.


Perhaps that’s why a recent NBC News poll has found that nearly two-thirds of young people surveyed do not believe either the Republicans or Democrats are doing a good job and that a third major political party is needed.


I think this is an encouraging sign. I suspect the NBC News poll result reflects the fact that young people are not as easily hoodwinked by the mainstream media and by the two-party duopoly charade in Washington. This generation has grown up with the Internet and the abundance of alternative media that challenges what really is a one-party system in the United States. They have been exposed to many new ideas, including good ones like libertarianism and non-interventionism.


Currently, mainstream politics in the US is all about power – how to get it and how to keep it – and not at all about philosophy or ideology. It is about selling out principles at every turn in order to chalk up another point in the “win” column. On issues like war and spending, it’s incredible how easily the two major parties are able to “compromise.”


A serious effort to create a new political party could be very exciting, but only if that new party is based on real ideas rather than simply the desire for power. Creating a viable third party will not be easy. While there is plenty written in the media about foreign collusion in US elections, the real collusion is between the Republican and Democratic Parties to prevent new parties from joining them on the national stage and the ballot.


Unfortunately the Libertarian Party has failed to live up to what should have been its role as an ideological alternative to Washington’s one-party system. As was quite obvious in the 2016 presidential election, the Libertarians yielded to prevailing attitudes on war, welfare, the Federal Reserve, and more. In believing that winning was more important than standing for something, they ended up achieving neither.


I would still like to have some hope for the Libertarian Party, but to really fill its role as a challenger to our two party system (that is actually a one party system) it would need a major overhaul. It would need to actually embrace the core libertarian principles of non-aggression and non-intervention in the affairs of others.


At the end of my 2008 presidential campaign, I brought together the candidates of the “minor” political parties and proposed that we agree on some basic principles regardless of whether we are libertarians, conservatives, progressives, or greens. Among those was the idea that we should never go to war unless we were directly attacked or threatened, that the Federal Reserve should not be allowed to benefit the rich by creating money out of thin air, and that we should not endorse deficit spending. 


If a new party could come together and agree on these basic principles while agreeing to disagree on other, less important priorities, we could begin a formidable movement toward peace and prosperity. 


Let us hope that this NBC News survey provides the inspiration to a real pro-peace, pro-prosperity movement in the United States. I have much confidence in the youth of our country!









Wednesday, November 29, 2017

"The Cover-Up Begins To End": Judicial Watch Hints At Explosive New Clinton-Lynch Tarmac Docs

Back on June 29, 2016, Obama"s Attorney General, Loretta Lynch, tried to convince us that the following "impromptu" meeting between herself and Bill Clinton at the Phoenix airport, a private meeting which lasted 30 minutes on Lynch"s private plane, was mostly a "social meeting" in which Bill talked about his grandchildren and golf game.  It was not, under any circumstances, related to the statement that former FBI Director James Comey made just 6 days later clearing Hillary Clinton of any alleged crimes related to his agency"s investigation.



Not surprisingly, following the above media clip several concerned watchdog groups filed FOIA requests seeking any and all DOJ and/or FBI documents related to what was either (i) a really poorly timed meeting, in the best case, or (ii) a clear attempt by a former President of the United States to apply leverage over the current Attorney General to obstruct justice and get his wife elected President, in the worst case. 


After originally being told by the FBI there were no documents to produce in response to their July 2016 FOIA request, Judicial Watch"s Tom Fitton was subsequently told in October 2017 that the FBI had simply overlooked 30 pages worth of relevant docs...30 pages which Fitton now says will mark the "beginning of the end" of the DOJ"s "cover-up" when they"re released this Thursday.








FBI Hid Clinton/Lynch Tarmac Meeting Records. But the cover-up begins to end -- thanks to @JudicialWatch -- the day after tomorrow. @RealDonaldTrump needs to clean house at FBI/DOJ.




Of course, Fitton expressed his frustration with the botched FOIA response back in October after describing the FBI as "out of control" and saying it"s "stunning that the FBI ‘found’ these Clinton-Lynch tarmac records only after we caught the agency hiding them in another lawsuit."  Per Judicial Watch:








“The FBI is out of control. It is stunning that the FBI ‘found’ these Clinton-Lynch tarmac records only after we caught the agency hiding them in another lawsuit,” stated Judicial Watch Tom Fitton. “Judicial Watch will continue to press for answers about the FBI’s document games in court. In the meantime, the FBI should stop the stonewall and release these new records immediately.”


 


This case has also forced the FBI to release to the public the FBI’s Clinton investigative file, although more than half of the records remain withheld.  The FBI has also told Judicial Watch that it anticipates completing the processing of these materials by July 2018.


 


There is significant controversy about whether the FBI and Obama Justice Department investigation gave Clinton and other witnesses and potential targets preferential treatment.



So what say you?  Will Judicial Watch finally manage to release documents that expose collusion between a former U.S. President, the FBI and the sitting Attorney General to cover-up a massive Clinton scandal or will they simply release more heavily redacted documents that tell us precisely nothing.  We"ll let you know on Thursday.









Monday, November 27, 2017

Geert Wilders: "It"s Time To Drain The Swamp... In Europe"

Authored by Geert Wilders via The Gatestone Institute,



  • Our democracies in the Western half of Europe have been subverted. Their goal is no longer to do what the people want. On the contrary, our political elites often do exactly the opposite. Our parliaments promote open-door policies that the majority of the people reject. Our governments sell out sovereignty to the EU against the will of the people. Our rulers welcome ever more Islam, although the majority of the people oppose it.

  • Our democracies have become fake democracies. They are multi-party dictatorships, ruled by groups of establishment parties.... The establishment parties control everything, not just the politicians in their pay, but also the top brass of the civil service, the mainstream media, even the courts.... They call us "populists" because we stand for what the people want. They even drag us to court.

  • We need to show that Europe"s streets are our streets, that we want to stay who and what we are, and do not want to be colonized by Islam. Europe belongs to us!


Next month, I will be visiting Prague, the capital of the Czech Republic. I have been invited to speak to a group of Czech patriots. The Czechs are a freedom loving people. In 2011, on the occasion of the 100th birthday of Ronald Reagan, they named a street in Prague after this great American president and freedom fighter.


This fact reminded me of a shameful event in my home town of The Hague, the seat of the Dutch Parliament and the government of the Netherlands. Look for a Ronald Reagan Street in The Hague and you will find none. A proposal in 2011 to name a street in The Hague after Reagan ran into fierce political opposition. Leftist parties, such as Labor, the Greens and the liberal D66 party, argued that naming a street in honor of Reagan would "do the image of the city no good." The whole affair ended in a disgraceful political compromise. Last year, a short stretch of a local bicycle path was named the "Reagan and Gorbachev Lane".


This anecdote is indicative of the difference between East and West in Europe. We can see the same difference in the attitude of their ruling elites towards Islam, the new totalitarianism that is threatening Europe today. In the East, political leaders oppose Islam; in the West, they surrender.


Islam has already gained a strong foothold in Western Europe. Its streets have come to resemble the Middle East, with headscarves everywhere. Parts of Western Europe, such as the Schilderswijk district in The Hague, the Molenbeek borough in Brussels, the banlieues [suburbs] of Paris, Birmingham in Britain, the Rosengård area in Malmö, Sweden, and many other neighborhoods, have become hotbeds of Islamic subversion.


Islam"s totalitarian nature cannot be denied. The command to murder and terrorize non-Muslims is in the Koran. Islam"s prophet Muhammad was a mass murderer and a pedophile. Those who leave Islam supposedly deserve death. And everyone who criticizes Islam and exposes what it actually says, ends up like me: on an Islamic death list.


In the past decades, Islam has entered Western Europe with the millions of immigrants from Islamic countries. Now, the European Union wants to distribute third-world immigrants over all the 28 EU member states. The nations in Central and Eastern Europe reject the EU plans to impose permanent and mandatory relocation quotas for all EU member states. They warn about the dilution of their identity, which is not Islamic, but Judeo-Christian and humanist -- rooted in the legacy of Jerusalem, Athens and Rome; not Mecca.


Hungarian Prime Minister Viktor Orbán has denounced the EU"s pro-immigration agenda as a means to eradicate the culture and Christian identity of Hungary. Czech President Miloš Zeman is an outspoken opponent of immigration and the Islamification of the Czech Republic. Slovak Prime Minister Robert Fico has said that "Islam has no place in Slovakia" and warns that "migrants change the character of our country." Polish Prime Minister Beata Szyd?o staunchly defends Poland"s refusal to accept the EU-imposed immigration quotas. "We are not going to take part in this madness," she says. In the Eastern part of Europe, anti-Islamification and anti-mass migration parties see a surge in popular support.


Resistance is growing in the West, as well. This year, we have seen my party, the Party for Freedom (PVV), become the second-largest party in the Netherlands. This is a great achievement in a country with 13 parties in Parliament. In France, Marine Le Pen made it to the second round in the French presidential elections and her party, the Front National, got more votes than ever. In Austria, the FPÖ became the second biggest party. In Germany, the patriots of the AfD forced their way into the Bundestag.




Geert Wilders, leader of the Party for Freedom (PVV), casts his vote in The Hague during the Dutch general election that made his the second-largest party in the Netherlands, on March 15, 2017. (Photo by Carl Court/Getty Images)


However, the political elites in the West do all they can to keep the winners of the elections from power. Last month, in my country, the Netherlands, a new government coalition consisting of no less than four parties was formed. Because they stubbornly refused to talk to PVV, it took the political elites a record seven months to put together a coalition. They preferred to take in D66, the party which had denied Ronald Reagan his street in The Hague, and still they were only able to form a government with a majority of just one single seat in Parliament.


Our democracies in the Western half of Europe have been subverted. Their goal is no longer to do what the people want. On the contrary, our political elites often do exactly the opposite. Our parliaments promote open-door policies that the majority of the people reject. Our governments sell out sovereignty to the EU against the will of the people. Our rulers welcome ever more Islam, although the majority of the people oppose it.


Our democracies have become fake democracies. They are multi-party dictatorships, ruled by groups of establishment parties. They wheel and deal, often selling away the principles for which they have been elected. The establishment parties control everything, not just the politicians in their pay, but also the top brass of the civil service, the mainstream media, even the courts. Parties such as mine are excluded from coalition talks. They call us "populists" because we stand for what the people want. They even drag us to court.


Three decades ago, the countries in Central Europe witnessed a Velvet Revolution: Democratic, political and peaceful. They took to the streets. They decided that enough was enough. Thanks to their Velvet Revolution, they have leaders today who truly represent the people and who are not afraid to stand up for their nation and its identity.


We, in Western Europe, can learn lessons from the Velvet Revolution in the East. We, too, urgently need to make clear that enough is enough. In Western Europe, too, it is time to drain the swamp and to drive the elites from power. Peaceful and democratic, but thorough. We have to make our so-called democratic systems truly democratic again. The political actors should no longer be the professional politicians alone. The crisis is existential. It is time for every man and woman to do his and her duty. Because the survival of our nations itself is at stake.


We, too, have to make it very clear that we no longer want to take part in the madness of leaders, who sell out their country to the EU institutions in Brussels, and the madness of the EU elites, who sell out our continent to mass-immigration and Islam. That is why the PVV will demonstrate in the streets of Rotterdam on January 20th. We need to show that Europe"s streets are our streets, that we want to stay who and what we are, and do not want to be colonized by Islam. Europe belongs to us!









Tuesday, November 14, 2017

"Meddling"? The US State Department"s New Program To Take On Hungarian Media

Authored by Daniel McAdams via The Ron Paul Institute for Peace & Prosperity,


Hypocrisy may be the only consistent guiding principle of US foreign policy.


Here"s a prime example of the "do as we say, not as we do" that is the core of how Washington does business overseas: In the same week that the the US Justice Department demanded that the Russian-backed RT America network register as a foreign propaganda entity or face arrest, the US State Department"s Bureau of Democracy, Human Rights and Labor (DNL) has announced that it is launching a program to massively interfere in NATO-partner Hungary"s internal media.



So the US Justice Department is cracking down on RT America for what it says is manipulation of US domestic affairs while the US State Department announces a new program to manipulate Hungary"s domestic affairs.


The State Department"s new program would send three-quarters of a million dollars to Washington-selected Hungarian media outlets to "increase citizens’ access to objective information about domestic and global issues in Hungary." On what authority does the United States pick winners and losers in Hungary"s diverse media environment? Since when does one government have the right to determine what news is "objective" in another country? Hungary is not a country to be "regime-changed" -- it is a full democracy where the will of the people is regularly expressed at the ballot box and where the media competes freely in the marketplace of ideas.


Washington"s Hungarian media project is clearly meant to interfere in that country"s domestic political environment. Here are the stated objectives of the US government"s Hungary program:


The program should improve the quality of local traditional and online media and increase the public’s access to reliable and unbiased information.


 


...


 


Projects should aim to have impact that leads to democratic reforms, and should have the potential for sustainability beyond DRL resources. (emphasis added)



The State Department"s Bureau of Democracy, Human Rights, and Labor identifies its mission in this call for grantees as "promoting democracy and protecting human rights globally." So what is it doing in Hungary? Hungary has had nearly three decades of democracy since 1989 and hardly needs the United States to tell it what kind of media is allowed (subsidized) and which kind should be suppressed.


In reality this is a US government program to ensure that the Hungarian media follows Washington"s policy line. Hungarians are all too familiar with this kind of toxic interference from an outside superpower: it was called the Soviet Union. Does Washington really seek to take on that role?


Stab in the back


This US government intervention in Hungary"s internal affairs must feel like a stab in the back to Orban and his government. Orban was an early -- and rare -- supporter of candidate Donald Trump among his European colleagues. Indeed, where Brusssels saw Trump as a gauche loudmouth, Orban openly admired the soon-to-be-president"s position on immigration and particularly on the mass immigration of mostly Muslim "refugees" that has proven to be disastrous for so many European countries. Likewise, Viktor Orban"s Fidesz party has managed to retain a high level of popularity through two election cycles by embracing and promoting the kind of nationalism that characterized Trump"s successful campaign.


Orban"s early support for Trump appeared to have paid off. Where Fidesz had struggled to make any headway at all under GW Bush or Obama"s State Departments, both of which were openly hostile, one of President-elect Trump"s first moves was to invite Orban to the White House. Orban, for his part, hailed Trump on inauguration day, welcoming in an era where national interest takes precedent over multilateralism.


As recently as last month, President Trump praised Viktor Orban, saying that the "strong and brave" Hungarian Prime Minister is "on my guest list.”


Then Trump"s State Department launched a program to undermine Hungary"s national sovereignty by interfering in the Hungarian media market. It seems national sovereignty is a one-way street for Washington no matter who occupies the Oval Office.


Hypocrisy...or policy consistency?


But perhaps it"s inaccurate to accuse the US government of hypocrisy in this case. After all, pressuring RT America with the intent of silencing the news network and spending our tax dollars propping up US-friendly media outlets in the Hungarian countryside are actually two sides of the same coin: the US government will tell you what kind of media you are allowed to consume.


If you are a media network in the United States that allows voices who oppose Washington"s neocon-dominated foreign policy they will shut you down. If you are a news outlet in the Hungarian countryside that spews the US party line, they will prop you up. Both cases are the same: your media will toe the US government official line or else.


*  *  *


Note to Washington: This is not 1950. Hungary has been a fully free and democratic country with plenty of free elections under its belt. It does not need you to come in and attempt to manipulate its newspapers and broadcast media. What would you do if China sent in a few million dollars to prop up US publications who agreed to push the Beijing line? What about if Tehran sent some money to publications pushing the Ayatollah party line? You cannot even tolerate RT America -- which is largely staffed by Americans but dares to feature prominent Americans who challenge the neocon foreign policy line. Hands off Hungary!


Note to Viktor Orban: You risked arrest -- and worse -- in June, 1989 when you directly confronted the communists who were occupying your country. Now that Hungary"s freedom has been won -- in no small way due to your efforts -- do not allow Washington"s neocons to take it away from you! If you do not confront this violation of Hungarian sovereignty, the neocons will continue to increase the pressure. The neocons want you out! Just this week, neocon commentator Anne Applebaum wrote that you are a "neo-Bolshevik" who has "little to do with the right that has been part of Western politics since World War II, and...no connection to existing conservative parties." Do a little research and you will notice that Applebaum is a member of the International Advisory Council of the Center for European Policy Analysis -- the organization your own government funded for a big conference this summer! Neocon knives are out for you. You"d be smart to make a better assessment of who are your friends and enemies in the United States...before it"s too late.









Conservatives Smash Keurig Machines In Social Media Uproar

Over the weekend, CNBC reported on five companies that halted all advertisements of their products on Fox News’ Sean Hannity show. These companies included:


  • 23 and Me

  • Eloquii

  • Keurig

  • Nature’s Bounty

  • Realtor.com

The story began last Thursday, with the sexual allegations against Roy Moore, the Alabama senate candidate who, The WaPo reported that day, made sexual advances towards four teenagers when he was in his early 30s. As of today, there is even a fifth women accusing Moore of sexual misconduct.


After the story broke on Thursday, Fox host Sean Hannity came out and asked his audience to give Moore the benefit of the doubt. According to NYTimes,








Mr. Hannity, describing those actions on his radio show while speaking with a co-host, Lynda McLaughlin, seemed to justify Mr. Moore’s reported conduct by calling one of the encounters “consensual.”



Hours later "On his television show, Mr. Hannity said that the statement “was absolutely wrong” and that he “misspoke.” He then brought up the possibility of accusers lying for money, or for political purposes."


The following day, Angelo Carusone, President of Media Matters, a ‘politically progressive media watchdog’ that monitors “conservative misinformation in the U.S. media” said this to Keurig:



On Saturday, Keurig responded by saying “we worked with our media partner and FOX news to stop our ad from airing during the Sean Hannity Show”.



What happened next was a firestorm on social media that swept across the United States late Saturday into Sunday. The bulk of the trend #BoycottKeurig exploded on Sunday, as many conservatives who have boycotted the NFL because of kneeling problems, decided they had to urgently get involved in the latest bitter debate splitting America. We start with ‘Snoop Baily’ who smashed the living hell out of Keurig with a driver.





To keep it short, this is what it looks like when a sizable chunk of the US decides to go "Office Space":



For a while, Hannity played along with the trend empowering it to grow through his enormous social media network as conservatives were called to action to smash Keurig machines. As the day closed, he then told his audience that he was buying 500 coffee makers to give away on Monday.



On Monday, however, the Krush The Keurig fun ended when Hannity told his audience to stop smashing the Coffee machines, after Keurig CEO apologizes for ‘taking sides’…



Moore"s sexual allegations aside, which have yet to be rejected or confirmed, what is more concerning is the blind willingness of substantial portions of the population to succumb to instant mobilization through social media and or a media figure(s), to collectively work as a unit in completing tasks, in this case the destruction of one"s own property. Ironically, something tells us that for Keurig the news that its machines were being "Office Spaced" across the nation, was music to the CEO"s ears (think replacement value), not to mention the unprecedented media exposure as virtually everyone spent the day talking about the incident (think unlimited advertising).



There"s more: as The Atlantic writes, "in destroying Keurig machines also clearly aligns these people with a global environmentalist movement. In 2015, the “Kill the K-Cup” campaign took hold among those concerned about the net waste of so many pods. A Canadian advocate encouraged people to publicly abandon the machines."








Now America finds itself in the midst of hordes of angry people with clubs who will soon be going through caffeine withdrawal. They could go to Starbucks, though the chain has also been condemned and boycotted by some isolationist conservatives, since earlier this year it promised to hire 10,000 refugees in response to President Trump’s executive order barring them from the country.



Meanwhile, always eager to ride on the latest social media trend, corporate America has promptly noticed the events over the past 72 hours, and it is guaranteed that many more companies will follow in Keurig"s activist footsteps. Who knows: the resultant breaking and smashing of various "resistance" products may just end up being the CapEx spark that the US economy so desperately needs...









Tuesday, November 7, 2017

RenTech Founder Jim Simons "Urged" CEO Mercer To Resign Over His Support For Breitbart

Last week, the financial world was shaken when billionaire Robert Mercer, co-CEO of RenTec which is arguably the world"s most profitable and secretive hedge fund, announced he was quitting on Jan 1, 2018. While the prominent Trump and Bannon supporter did not reveal the reason behind his departure, he did make it clear that he does not agree with everything Steve Bannon does and say, and made it very clear that he is especially disappointed with outspoken conservative media personality, Milo Yiannopoulos, whom he threw under the proverbial bus saying "actions by Yiannopoulos have caused pain and divisiveness undermining the open and productive discourse that I had hoped to facilitate."


Now, in a follow up report from Bloomberg, it has emerged that Mercer did not quit RenTec out of his own volition, but was instead pushed out by Rentec"s retired founder, and prominent Democrat and Clinton supporter, Jim Simmons. According to Bloomberg, Simons urged Robert Mercer "to step down from his role as co-chief executive officer over concerns that his backing of Breitbart News was hurting morale at the world’s most profitable hedge fund."


Which is another way of saying that Mercer"s support of Trump"s policies, Steve Bannon (not to mention monetary investment in Breitbart) cost him his job. 


That, perhaps, is not surprising: after all, in recent months, Mercer’s personal political projects dragged what has otherwise been the world"s most secretive firm into the national spotlight. As a result, a backlash from RenTec"s founder, and ideological opposite of Mercer was to be expected. Simons, who is a major donor to Democratic causes, negotiated Mercer’s move from top executive to researcher at the computer-driven firm over the past three months, one of the people said. Mercer’s role will change on Jan.








Mercer and his daughter, Rebekah, are prominent Republican donors and patrons of Stephen Bannon, chairman of Breitbart News, a website that backs the nationalist movement that helped elect President Donald Trump.


 


"I appreciated Bob’s willingness to take this step," Simons said Monday night while attending a fundraiser for the New York Public Library.



While Simons had never spoken publicly about Mercer’s political views, he has expressed his own opinions about Trump. At a speech in New York City in late October, Simons said “I think it’s basically terrible that we have a president remotely like our current president. We’ve had some doozies but never of that caliber.”


As Bloomberg adds, Mercer had become over the past year a lightning rod for activists. One group had begun targeting Renaissance Technologies’ investors to encourage them to fire the money manager.


Simons was supposedly less concerned about an investor revolt than he was about employee morale and recruitment, according to one of the people. That is explainable: in the past month, RenTech received a net $1 billion in inflows this month.


In a memo sent last week to employees to announce his resignation as co-CEO and member of the board, Mercer said he sold his stake in Breitbart News to his daughters. He also said that he was "mistaken to have supported" Milo Yiannopoulos, a former Breitbart writer, and was severing ties with him because statements by Yiannopoulos have caused "pain and divisiveness."