The Real News: Is Trump Betraying the American People?

What does Trump really think about Russia? Does he understand it, or not?

Is the Russia Russia hysteria a serious threat?

Or is the neoliberalism of the American oligarchy and their Russian counterparts the greatest threats?

The transcript of this interview will be available at The Real News.

Related:  Larry Wilkerson Responds To Bill Maher and His Hysterical Jingoism

Bill Binney In His Own Words: 'A Collaborative Conspiracy to Subvert the Government of the US'

"None are more hopelessly enslaved than those who falsely believe that they are free."

Johann Wolfgang von Goethe

William Edward Binney is a former highly placed intelligence official with the United States National Security Agency (NSA) turned whistleblower who resigned on October 31, 2001, after more than 30 years with the agency.

He was a high-profile critic of his former employers during the George W. Bush administration, and later criticized the NSA's data collection policies during the Barack Obama administration.

In 2016, he said the U.S. intelligence community's assessment that Russia interfered in the 2016 presidential election was false.

Wikipedia, Bill Binney

Because of his analysis in conjunction with Veteran Intelligent Professionals for Sanity (VIPS) that has tended to carefully debunk the Russia Russia narrative, Binney has not been given much airtime on certain channels within the mainstream news media.  So like you I had not heard of him except recently when reading something else.

I found this recent interview to be very interesting.  I am not qualified or sufficiently well-informed to assess it, but listen to it for yourself and see what you think. It would seem to be worth your time at least.

He has some good things to say about Donald Trump and draining the swamp. And you know how I feel about his Presidency. So there must be something there for me to find it worth hearing.

He discussed a number of controversial topics including 9/11, etc.

Binney certainly has the right pedigree to be an informed whistleblower, and he has never been brought to heel or silenced, so he must have something going for him.  He does seem to be extraordinarily well-informed. I would imagine that if it was possible that he would be charged or discredited or smeared.

Stocks and Precious Metals Charts -Clown Cars Rampant on a Field of Greed - AAPL Gets Four Comma Market Cap

"Wealth, in even the most improbable cases, manages to convey the aspect of intelligence."

John Kenneth Galbraith


“The downward spiral of dumbness in America is about to hit a new low.”

Hunter S. Thompson


“Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it.”

Laurence J. Peter

Stocks climbed higher today led by big cap tech, which in turn was led by Apple, which managed to close as the first trillion dollar market cap US stock. Huzzah!

The US Dollar managed to close over the 95 handle again on expectations that the Fed will keep raising rates because of our strong recovery.

Gold and silver sold off a bit in anticipation of the Non-Farm Payrolls report tomorrow, as hedge funds pile in on the short side of the futures.

The Trump EPA has decided to bailout the US auto manufacturers, and the middle finger to consumers and the environment, and is rolling back fuel efficiency and emission targets.  Yay us!

Did anyone else notice that Russia is positioning its military on the border of Syria and the Golan Heights?   I think not.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Non-Farm Payrolls Report tomorrow.

Have a pleasant evening.

Stocks and Precious Metals Charts - Much Ado About Very Little

"I hold that the price of silver, gold and other metals is artificially derived at due to excessive speculation on the COMEX at the hands of managed money technical funds on one side and other traders, mostly commercials, on the other side, with JPMorgan playing a dominant role in the process.

As a result of JPMorgan’s outsized influence, the price of silver has remained artificially depressed in price, while the bank has used the depressed price to not only amass billions of dollars in paper trading profits, but it has also accumulated 750 million ounces of physical silver on the cheap, along with 20 million ounces of physical gold."

Ted Butler, A Simple Equation, 1 August 2018,

Ted Butler is the dean of those who comment on the trading structures of Comex silver.

As far as the Fed and the system's regulatory process goes, never in the history of financial endeavor have so many, done so much, for the benefit of so few.

Today the Fed did nothing about its benchmark rate today, and provided only minor tweaks to its statement.  This was as expected.

There is a high probability that they will raise rates in September. They will do so unless the economy visibly falls off the rails.

They wish to get the short term rate high enough to give themselves room for policy actions, eg. 'cuts', when this current bubble which they have created implodes, for the third time since the recent turn of the century.  But they must move slowly, or they risk inverting the yield curve, which is an ominous sign for the equity markets.

Stocks were weak all day, with the SP 500 showing the greater weakness as compared to big cap tech in the NDX.

Gold and silver were off a bit. What a surprise.

The US Dollar was marginally higher.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Have a pleasant evening.