Updates on stock market bounce, Swiss voters stop corporate tax giveaway, why public are better than private schools, billionaires party
Hard interview with investigative reporter Bob Hennelly on immigration and more.”
Trends This Week – Behind and beyond the Brexit vote – 06.29.16
Although stocks bounced back on “Turnaround Tuesday” on the belief that contagion has been contained following the rout that wiped out $3.6 trillion from equity markets following Great Britain’s referendum last Thursday to “Brexit” the European Union… we disagree. It’s bigger than Brexit. Despite many of the world’s largest hedge funds betting billions on a “Remain” victory and British bookies putting the chances of “Leave” at barely 10 percent, in our June 15 Trend Alert, we wrote, “Should the ‘Leave’ vote win, we forecast the US dollar and gold prices will spike while equity markets, particularly those currently under downward pressure, will sink deeply lower.” Since then, gold hit two-year highs, the British pound fell to 31-year lows and currencies around the world hit new lows against the US dollar – or tested old ones – as investors sought safe-haven assets such as the dollar and Japanese yen.
The criticism in the “investor” world has long been that gold yields no interest. However, as interest rates around the world keep trending lower and holding cash yields nothing, in a climate of ongoing market volatility, for many, holding gold is considered the ultimate safe-haven commodity.
Leid Stories – The Clinton Foundation: Money and Politics – 05.26.16
Charles Ortel, a former Wall Street banker and investor whose digging into the financials of General Electric in 2007-2008 proved that the conglomerate had fraudulently overvalued its stock by hundreds of billions of dollars, has been detailing exclusively on Leid Stories major financial and accountability problems with the international philanthropic conglomerate operating as the Bill, Hillary & Chelsea Clinton Foundation.
Today Ortel, who has charged that the foundation is engaging in massive charity fraud, takes us into the Clintons’ hidden world, where money, politics and power intersect. His sweeping overview puts into perspective many unanswered questions about how the foundation has managed to evade scrutiny; how the Clintons leveraged political power and influence for financial gain; and their “special” relationship with President Barack Obama.
Leid Stories – The Clinton Foundation: How $60 Million ‘Disappeared from Its Books’ – 05.25.16
Charles Ortel, a former Wall Street banker and investor whose digging into the financials of General Electric in 2007-2008 proved that the conglomerate had fraudulently overvalued its stock by hundreds of billions of dollars, has been detailing exclusively on Leid Stories major financial and accountability problems with the international philanthropic conglomerate operating as the Bill, Hillary & Chelsea Clinton Foundation.
Today Ortel, who has charged that the foundation is engaging in massive charity fraud, traces the “disappearance” of $60 million that allegedly was given as a “soft” political contribution to the foundation during the time that Gov. Terry McAuliffe (D-Virginia), a close friend and political ally of Bill and Hillary Clinton, was a lead member of the foundation’s board.
McAuliffe is being investigated by a joint FBI-U.S. Justice Department probe looking into illegal contributions he allegedly accepted through the foundation for his own election campaign.
Leid Stories – Feds Probing Clinton Foundation Ex-Board Member; The Clintons, Too? – 05.24.16
In a startling development related to yesterday’s program about the Clinton Foundation, news broke that Gov. Terry McAuliffe (D-Virginia)—a close friend and political ally of Bill and Hillary Clinton and a former member of the foundation’s board—is the target of a joint FBI-U.S. Justice Department investigation, allegedly for taking illegal campaign contributions.
The probe speaks directly to the issue our guest, former Wall Street banker and investor Charles K. Ortel, returns to today: the highly questionable fundraising practices of the Bill, Hillary & Chelsea Clinton Foundation.
Ortel blew the whistle on General Electric in 2007-2008, after his own investigation of the financial records of the conglomerate revealed it had fraudulently overvalued its stock. Ortel says his own examination of the Clinton foundation’s financial records leads him to believe it is engaging in massive fraud under the guise of a philanthropic organization.
Haitian-born journalist Dady Chery, author of the recently published We Have Dared to Be Free: Haiti’s Struggle Against Occupation, has written extensively on developments in Haiti and emerging nations for News Junkie Post. She joins Ortel in discussing the Clintons’ sordid history in Haiti.
Ariel Noyola Rodríguez – Where will the Next Global Economic Crisis Explode? Colossal Stock Market Losses in 2016
The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the first three weeks of January according to the calculations of the Bank of America Merrill Lynch. The Government of the United States made addicts of investment banks of policies of cheap credit. And now that …
Graham VanBergen – The 2015 Global House Price Crash Accelerates
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity price volatility and declines are currently chronicled ad-nausea by the press without seeing the dramatic upswing of international property price falls. What is alarming is the pace of price declines. Even countries where prices are not falling, …