I can't believe the Trump White House is this corrupt. This is astounding to think they thought they could get away with it, but, Trump figured with Comey out of the way he had control. That is why the White House staffing, especially the State Department is so sparse.
Wall Street is used to looking at the USA government to help decide about the future and where adjusts need to be made to compete. THERE IS NO COMPETING WITH TRUMP. Trump is pulling all the strings to benefit Koch. Koch Industries is a private company and the only information available to Wall Street to read the tea leaves is to measure it's moves. There is no prospectus for Wall Street to understand Koch's balance sheets. Koch is undermining Wall Street, whether it means it or not. There needs to be hearing held by Congress as well. This is outrageous. The White House has become an arm of Koch Industries.
March 7, 2018
By Ed Lin
Koch Industries (click here) is probably as well known for its leadership in the Koch brothers as its brands, which include Dixie and Lycra.
Koch Industries Chairman and Chief Executive Charles G. Koch and executive vice president David H. Koch are high-profile philanthropists and libertarians. The brothers are not supernatural, but they recently helped a company buy some time.
The Kochs recently did some buying on their own. Koch Industries initiated positions in Qualcomm(ticker: QCOM), Groupon (GRPN) and Synders-Lance (LNCE) in the fourth quarter. They also bought more shares of Time Warner (TWX) and NXP Semiconductors (NXPI).
Qualcomm’s contested relationship with would-be acquirer Broadcom (AVGO) has been a messy drama that anybody obligated to read daily business news has been involuntarily bingeing on. Now, national security is the latest terrain the dance of the chip makers has trampled upon. Koch Industries bought 31,000 Qualcomm shares in the fourth quarter, the same time frame of Broadcom’s initial overture. Qualcomm eked out a 2% gain, excluding dividends, in 2017 but has given all that back so far in 2018 through Tuesday’s close....
Oil has reached $77 per barrel which is the highest in a long time. When realizing ATT was paying Michael Cohen for advice to understand the current administration, it was to control the outcomes of mergers. The ATT merger with Time Warner went to Koch. This is all manipulation for the benefit of Koch Industries since they are the primary contributor to the GOP.
Former Secretary John Kerry and/or President Obama should be educating Congress to the corrupt and illegal measures being employed by the Executive Branch. This is simply unbelievable. This is something that no one ever conceived would be possible by the USA. The most Wall Street every have hoped for is competition for US Contracts; not paying to play in commodities. Wall Street is slowly floundering into major losses since they celebrated Trump in the White House after the election and there were huge gains in the market.
I dislike Wall Street for many reasons, but, hate them to the point where they are destroyed by their own greed is not what I call prudent government policy. This is simply outrageous. The White House has few staff and advisors to conceal the corruption. Wall Street needs to take the information provided by Mr. Avenatti and file suit against President Donald Trump, Trump Company, Michael Cohen, Koch Industries and the Koch Brothers themselves. What are their names, David and Charles. They need to end this insult to the markets. The markets are lost at least up to this point. US Justice needs to put mergers on hold until the criminal content is realized and recorded and acted on.
As this chart shows, they are the biggest customers for the oil which Iran has been pumping vigorously since sanctions were lifted in 2016.
Donald Trump’s decision has gone down predictably badly in Iran.
MPs symbolically burned a US flag in the country’s parliament this morning and chanted “death to America”
The Iranian parliament’s speaker, Ali Larijani, accused the US president of conducting a “diplomatic show” and claimed that president Trump “does not have the mental capacity” for the job....
There are currently issues in the Middle East and Netanyahu is on his way to Moscow to coordinate bombing in regard to Syria. To say, Trump's plans are not going well is an understatement. Trump needs to resign.
The US military should be on alert that the President is incompetently using the military for personal goals and not national policy. However, that has to happen it needs to happen.
With Iran burning the USA flag in its parliament, Saudi Arabia has intercepted missiles over Riyadh. Israel was bombing missile sites in Syria supposedly justified by the discovery missiels were pointed at Israel. No one knows the real truth at this point and the USA military needs to be coordinating with the other four permanent members of the UN Security Council to establish a common understanding of hot spots around the world and how best to move forward. The President is not capable of leading without corruption. (click here)
Pakistan and India are definitely trying to move to stable borders. There has been some issues in Kashmir and there are some attacks against police with casualties. But, the two countries are trying to establish better relations. The Pakistani Courts are doing their level best to rule according to law, but, the ISI and other police groups are causing issues. There was a raid on a party with about 40 people, about half were women. The raid was without a warrant because it was based in religious practices and not the law in Pakistan.
The power of local elders are a real issue in Pakistan.
I think the Koreas are stable and moving forward with their peace initiative. I don't see that changing. Russia and China are strong authorities in the region to insure stability and Kim Jong Un should be aware of his position in the region so there won't be insults from the outcome of corruption by the USA. Basically, everyone hold on to their hats and continue to move forward toward stability and peace. The USA military has to be secure and the generals and the Joint Chiefs will make it so. Everyone needs to be talking and ignoring Trump.
There is no telling what the USA Congress will do next, because the Republican majority are political cowards. The idea the Kochs are in trouble should be their reality.
As far as oil goes, China needs to work with Russia and Iran if it is highly impacted by price. India is seeking outside companies in bids to the government to squeeze current oil fields. I think Halliburton is involved. Perhaps an appeal to Saudi Arabia for oil might be an advantage. Everyone is going to have to find oil allies. I don't I just stated that. I hate the petroleum industry, but, that is mostly the USA petroleum industry, it is lead by idiots. I would think that would be evident by now.
I will take this opporunity to state, EVERY COUNTRY NEEDS TO WORK TOWARD ALTERNATIVE ENERGIES. I would think this havoc reeked by Trump and Koch is a good example of what can occur with commodities. It is unbelievable to realize the extent Trump has been able to pull the wool over everyone's eyes. Who knows what is next?
