Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: risks

AG Sessions’ Strong Support of Local Police Misses Key Point

This article appeared online at TheNewAmerican.com on Friday, March 17, 2017:

Anti-ACLU-2

Attorney General Jeff Sessions addressed a gathering of federal, state, and local law-enforcement officials in Richmond, Virginia, on Wednesday morning, announcing a new direction in law enforcement under the Trump administration. He stated: “[President] Trump issued a policy to [his] administration to reduce crime, and that’s what I take as my marching order.”

He decried the jump in violent crime and murders in major cities over the last two years, ending the long steady decline in those numbers nationally over the past several decades:

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Dakota Access Protesters Pollute the Environment They Claim to Cherish

This article appeared online at TheNewAmerican.com on Monday, February 5, 2017:

English: Cannonball River, North Dakota

Cannonball River, North Dakota

The U.S. Army Corps of Engineers announced last Friday that the site that protesters have occupied near the Dakota Access pipeline will be closed on February 22 to “prevent injuries and significant environmental damage in the likely event of flooding in this area. Without proper remediation, debris, trash and untreated waste will wash into the Cannonball River and Lake Oahe.”

The cleanup started a week ago,

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Despite Higher Bonds, Chicago Gun Violence Suspects Are Bonding Out Faster

This article appeared online at TheNewAmerican.com on Friday, January 27, 2017:  

The Chicago Tribune, in examining more than 67,000 criminal charges between 2012 and 2016, discovered that although bonds demanded by judges in Cook County have doubled for violent crime, the suspects are being freed twice as fast. Wrote the Tribune on Friday:

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Saudi Arabia to Sell $10 Billion in Bonds to Shore Up Its Finances

This article appeared online at TheNewAmerican.com on Wednesday, October 19, 2016:  

Coat of Arms of Saudi Arabia

Coat of Arms of Saudi Arabia

Oil ministers from Saudi Arabia have been traveling the world doing investment “roadshows” to promote their $10-billion bond offering that hits the markets this week. In so doing, they must disclose the risks investors could be taking, and then price the bonds according to those risks.

The Saudis appear to be paying the price for losing their bet about American oil producers. In November 2014 they made a massive wager that they could

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Will this Effort Finally Break Through the Clintons’ Teflon Coating?

This article was published by The McAlvany Intelligence Advisor on Friday, July 15, 2016:  

Polytetrafluoroethylene (PTFE)

Polytetrafluoroethylene (PTFE)

The chemical name for Teflon is Polytetrafluoroethylene, or PTFE. For Hillary Clinton it’s called the Mainstream Media. They have the same properties: nothing can get through. Appropriately it is used not only to coat pans and other cookware but also as a “graft” material (pun intended) in surgical procedures to keep bacteria and other infectious agents from adhering.

Marsha Blackburn may have the solution (pun still intended):

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Elon Musk’s Conversion from Saint to Sinner

This article was published by The McAlvany Intelligence Advisor on Friday, June 10, 2016:  

English: Tesla Roadster Sport 2.5, the fourth-...

Tesla Roadster Sport 2.5, the fourth-generation Roadster from electric carmaker Tesla Motors Inc.

Once upon a time Elon Musk said he believed in hard work, technology, and some breaks to gain success. He didn’t believe the U.S. government should provide subsidies to companies, and he believed that the free market would provide the “best solution” to such problems as pollution. At the time, Stanford University Professor Fred Turner called him out for being a hypocrite:

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Elon Musk: Once an Entrepreneur, Now a Crony Capitalist

This article appeared online at TheNewAmerican.com on Thursday, June 9, 2016:  

In the early days, Elon Musk (shown above) made his fortune the usual way: by creating products and services that people could use, which they paid for using their own money, to improve their lives. Today, however, he has found a better way: using taxpayer guarantees to help fund his new ventures and reduce his risks while he enjoys the profits if they succeed.

In simple terms, Elon Musk has become a welfare queen on steroids,

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Goldman Sachs’ Warning Dents Crude Oil Price

This article appeared online at TheNewAmerican.com on Wednesday, April 13, 2016:  

The price of crude oil, which reached $65 a barrel a year ago, fell below $30 in January with expectations that its decline wouldn’t end until it hit $20, or even lower. But hopeful optimists see light at the end of the tunnel — this coming from next Sunday’s OPEC meeting in Doha, Qatar (photo above) — where an agreement to freeze production at current levels will be on the table, bid crude higher in an almost straight line. On Tuesday NYMEX crude hit $42 a barrel, a 40-percent jump from January’s lows.

A note from Goldman Sachs on Tuesday provided a sobering view:

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Trump Close Enough to Win GOP Nomination?

This article appeared online at TheNewAmerican.com on Thursday, March 10, 2016:

Donald Trump & Melania enter the Oscar De LA R...

Donald Trump & Melania enter the Oscar De LA Renta Fashion Show, New York

Less than a week before March 15, the date when GOP primaries will be held in five states, an analysis by the Washington Times puts Donald Trump within shouting distance of the GOP nomination for president at its national convention in Cleveland in July.

By next Tuesday evening 367 delegates from those states will have been awarded to their winners, with Donald Trump projected to take most of them, as four states are “winner-take-all” states,

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Aubrey McClendon Was the Original American Entrepreneur

This article was published by The McAlvany Intelligence Advisor on Friday, March 4, 2016:  

News of Aubrey McClendon’s death in a fiery car crash on Tuesday morning in Oklahoma City staggered those who knew him. Chesapeake Energy, founded by McClendon and a partner in 1989, said “Chesapeake is deeply saddened by the news that we have heard today, and our thoughts and prayers are with the McClendon family during this difficult time.” His new company, American Energy Partners, founded the day after he was fired from Chesapeake in 2013, offered this:

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Chances for a Brokered GOP Convention Are Rising, Along With Risks

This article appeared online at TheNewAmerican.com on Monday, February 29, 2016:  

Seal of the RNC

Seal of the RNC (Photo credit: Wikipedia)

Heading into Super Tuesday, Donald Trump has 164 delegates, while in distant second and third places Ted Cruz and Marco Rubio have just 34 and 32 delegates respectively. With Trump leading in polls in 12 of the 13 states holding either primaries or caucuses on Tuesday, the majority of the 664 delegates there could be added to Trump’s total, making him nearly unbeatable in his run for the GOP presidential nomination.

The problem is that Trump could win a majority of the delegates from here on out but

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Straight-line Thinking in a Curvilinear World: Natural Gas and Aubrey McClendon

This article was published by The McAlvany Intelligence Advisor on Wednesday, February 10, 2016:  

Chesapeake Energy Capital Classic

It’s now apparent that Aubrey McClendon didn’t see the bumper sticker that appeared on cars following the last energy crash: “Please, God, give me one more boom and I promise not to screw it up.”

McClendon, along with a partner, $50,000, and 10 employees, started Chesapeake Energy in 1989. The company grew exponentially as the fracking revolution took off and up until recently the company employed 5,500 people and had annual revenues of $11 billion. Its stock (CHK) soared,

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Chesapeake Energy Claims It’s NOT Declaring Bankruptcy

This article appeared online at TheNewAmerican.com on Tuesday, February 9, 2016:  

On Monday, at 11:18 a.m., the second-largest natural gas company in the country issued this terse statement:

Kirkland & Ellis LLP has served as one of Chesapeake’s counsel since 2010 and continues to advise the company as it seeks to further strengthen its balance sheet following its recent debt exchange. Chesapeake currently has no plans to pursue bankruptcy and is aggressively seeking to maximize value for all shareholders.

Ominously, when Timothy Puko of the Wall Street Journal asked for clarification, he wrote “A Chesapeake spokesman declined to elaborate further.”

The company has been in survival mode since

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Puerto Rico Stiffs Bond Investors on Monday

This article was published by The McAlvany Intelligence Advisor on Monday, January 4, 2015:  

Coat of Arms of Puertor Rico

Coat of Arms of Puertor Rico

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Like a Zombie, the Export-Import Bank is Threatening to Come Back to Life

This article was published by The McAlvany Intelligence Advisor on Wednesday, September 9, 2015:  

The movie White Zombie, a horror film in 1932 starring Bela Lugosi, featured zombies as mindless, unthinking henchmen under the spell of an evil magician. The Export-Import Bank doesn’t quite fit the definition, but it’s close.

Crafted by socialists surrounding FDR in 1934 and given life by an executive order, Ex-Im was granted permanent status as an agency in 1945. It has been repeatedly, endlessly, mindlessly resurrected almost 20 times since then, until the end of June.

Since then pressure has been building among its crony beneficiaries

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Shell Gets Final Approval to Drill in the Arctic Ocean

This article appeared online at TheNewAmerican.com on Tuesday, August 18, 2015: 

Shell Oil Company

On Monday the U.S. Department of the Interior issued a final approval to allow Royal Dutch Shell to start drilling an exploratory oil well in the Chukchi Sea, northwest of Alaska. Though the Department of the Interior is headed up by Sally Jewell, who was handpicked by the Obama administration for her background not only as the former CEO of REI, a Seattle-based outdoor equipment retailer, but as a die-hard Democrat contributor, the announcement nevertheless enraged environmentalists who remember both the Valdez oil spill and the 2010 Deepwater Horizon blowout.

The last time Shell drilled in the Arctic Ocean was 1991, and environmentalists have been keeping the pressure on succeeding administrations to make it the only time. In 2008, however,

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Chinese Plunge Protection Team Failing to Stem Stock Market Declines

This article appeared online at TheNewAmerican.com on Thursday, July 30, 2015:  

A historical chart of the Shanghai (SSE) Compo...

A graph of the Shanghai Index showing the first bubble in 2006-2008

In the last 30 minutes of trading on Wednesday, the Shanghai Composite Index jumped more than three percent, while the smaller Shenzhen Composite (equivalent to the U.S. Nasdaq index) leaped more than four percent. That this was the result of actions taken by China’s unofficial “plunge protection team” was obvious to Jacky Zhang, an analyst at BOC International: “Clearly it is government intervention again.”

China’s plunge protection team (PPT), equivalent to the U.S. stock market’s “Working Group on Financial Markets” set up under President Reagan following Black Monday in October 1987, has moved heaven and earth to keep its stock markets from collapsing. The team, made up of China’s Securities Finance Corporation and the China Securities Regulatory Commission, along with top officials from the country’s 21 largest brokerages and the Chinese central bank, has implemented an entire panoply of measures to stem the tide, including:

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Do Negative Interest Rates Portend a Negative Economy?

This article first appeared online at TheNewAmerican.com on Monday, May 4, 2015:

Last Thursday the London Daily Telegraph’s assistant editor, Jeremy Warner, reported an astonishing statistic: Almost a third of all government debt in the eurozone is paying negative interest rates. That’s more than $2 trillion in government bonds, and, it appears, investors are happy that they aren’t paying even more.

Fifty percent of French bonds now trade with a negative yield, while 70 percent of Germany’s bonds trade at a negative yield. More remarkably, in Spain, which was on the verge of insolvency just a few years ago, 17 percent of its government bonds now trade with a negative yield.

This is counterintuitive, which explains why Keynesians, those who believe that “demand” in an economy can be artificially increased by manipulating taxes and the money supply, have no explanation for it. In theory,

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Huge Ex-Im Bank Loan Defaults Imperiling Bank’s Reauthorization

This article first appeared online at TheNewAmerican.com on Thursday, March 26, 2015: 

Seal of the Export-Import Bank of the United S...

Seal of the Export-Import Bank of the United States

On January 21, NewSat, a private satellite communications company headquartered in Australia, defaulted on a $21 million payment to its primary satellite provider, Lockheed Martin. That default is triggering an avalanche of defaults that could sink not only NewSat but also very likely the bank that guaranteed the loans financing the deal, the Export-Import Bank, whose charter is up for renewal on June 30.

The Ex-Im Bank has touted its ability and willingness to provide financing for American companies seeking to do business abroad but which couldn’t arrange financing the regular way: through private banking channels. According to the bank’s charter,

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Whistleblowers Share Over $170M in Bank of America Settlement

This article first appeared online at TheNewAmerican.com on Monday, December 22, 2014: 

Whistleblower (TV series)

Whistleblower (TV series)

Under the Whistleblower Act — also known as the False Claims Act, or FCA — the details behind 16 lawsuits involving the Bank of America, and that bank’s settlement for nearly $17 billion in August of this year, were kept secret, until Thursday, December 18, when they were “unsealed.” Whistleblowers involved in exposing the frauds by the bank and its Countrywide Financial subsidiary will share more than $170 million, dwarfing other whistleblowers’ payouts, and setting a record for the largest one against a single defendant.

Three individuals and a small New Jersey mortgage company (Mortgage Now) will share the spoils. Mortgage Now will receive $8.5 million for its part in exposing the fraud of issuing high-risk mortgages and calling them safe. Robert Madsen, a former employee with a property appraisal company owned by Bank of America, will get

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.