Political Correctness and Cultural Appropriation Panic Are Killing Halloween

ThorAustralian actor Chris Hemsworth is very sorry for dressing up as Native American.

“I was stupidly unaware of the offense this may have caused and the sensitivity around this issue,” he recently wrote on Instagram. “I sincerely and unreservedly apologize to all First Nations people for this thoughtless action.”

For those who think they were owned an apology, it’s actually overdue: Hemsworth donned the offensive costume at a New Year’s Eve party last year. But now he’s apparently more enlightened about how cultural appropriation further marginalizes oppressed communities—like the people at Standing Rock Sioux Reservation. And he’s not alone: actress Hillary Duff just apologized for this year’s offensive couple costume—Duff and her boyfriend celebrated the holiday this weekend as a Native American and a Pilgrim.

Anyway, I’m still waiting for Hemsworth to issue an apology for a much more significant and repeated act of cultural appropriation: his portrayal of the Norse god Thor in the Marvel movies of the same name. Hemsworth has donned a Thor costume for four separate films, raking in millions of dollars each time. These movies shamelessly appropriate and exploit Norse mythology—the religious traditions of the people of medieval Scandinavia—for profit. Hemsworth claims Germanic heritage, but there’s no way to prove his ancestors actually worshipped the gods he claims to represent. And in any case, he lent credibility to a film produced by many non-Germanic people, starring many non-Germanic people, and consumed by many non-Germanic people.

Indeed, if we believe in the doctrine of cultural appropriation—that it is wrong to portray or engage in traditions that disparage a culture, or pertain to a culture other than one’s own—then all Halloween costumes are offensive, because Halloween was itself appropriate from Irish culture. As Jason Brennan wrote at Bleeding Heart Libertarians:

A year ago, lecturer Erika Christakis wrote an email criticizing Yale’s attempt to control students’ Halloween costumes. Christakis suggested that students, as adults, are capable of policing themselves, that the boundary between acceptable and unacceptable costumes is contestable, and that Halloween is holiday meant to allow people to indulge in certain transgressions. Students harassed her until she left her job. You can watch here as a mob of students at Yale University surrounded her husband, Nicholas Christakis, to browbeat him into submission after he stood up for Erika.

What’s ironic about all of this is that almost all of these Yale students, though desperate to prevent racist and insensitive cultural appropriation, would later go on to engage in insensitive, racist cultural appropriation themselves, as they have done year after year since early childhood.

Let’s be clear: Halloween is for Irish people and for Irish people only. Or, more precisely, it’s for people who are of sufficiently robust Gaelic descent. If you are not Irish, but you celebrate Halloween, then you are engaging in racist cultural appropriation.

Brennan points this out, I presume, not because he actually wants to discourage people from celebrating Halloween, but because he wants them to understand how completely illogical the entire notion of cultural appropriation is. Everybody steals from other cultures all the time. It’s natural and impossible to avoid.

Unfortunately, the campus far-left has become obsessed with the idea that cultural inter-mixing is a bad thing. Lately, students have decided that university administrators should discourage cultural appropriation, or prohibit it outright—especially on Halloween. Campus after campus has released guides, warnings, or outright bans on “offensive” costumes. Administrators are now telling students to file reports if see someone engaging in act of cultural appropriation.

As I wrote in a recent column for The Daily Beast:

Take Tufts University, where student-leaders of Greek life on campus are particularly worried about costume-related sanctions. They have good reason to be concerned: the university is watching.

“We encourage all students that feel like they have encountered someone who is wearing an inappropriate and offensive costume to please file a report,” said Dean of Students Mary Pat McMahon, according to a letter sent to the Greek community. ..

Greek leaders would like to err on the side of caution—how’s that for Halloween spirit?—and have asked members of their community to eschew “inappropriate, offensive, and appropriative costumes.” Cultural appropriation—dressing up like someone from a different race—is especially frowned upon. But that’s not all: costumes “relating to tragedy, controversy, or acts of violence” are also frowned upon.

One wonders what’s left. Many students who heed the above guidelines are presumably restricted from dressing up as samurais, hombres, geishas, belly dancers, Vikings, ninjas, rajas, French maids, Bollywood dancers, Rastafarians, Pocahontas, Aladdin, Zorro, or Thor.

Garden-variety Halloween costumes—vampires, zombies, etc.—would seem to run afoul of the prohibition on “tragedy and acts of violence.” And this year’s topical costumes—Harambe, Cecil the Lion, Donald Trump—invoke controversy, so they’re out, too. …

I can understand why students might take offense at blackface, which has a specific, racist historical context. But there’s nothing intrinsically evil about pretending to be someone else for one day of the year, especially if the costume isn’t intended to disparage or mock anyone’s ethnicity. Shouldn’t the default position of an enlightened populace be that culture is fluid and belongs to no one, that we are all individuals with the license to explore our interests, and that everyone should be encouraged to briefly appropriate the most interesting aspects of any culture to which they are drawn?

Today is probably the last day for Halloween parties, costumes, and activities until next year. But lest we forget: cultural appropriation arguably gained power as a sacred doctrine of campus censors in 2016 (even though 2015 was really awful on that front, too). At this rate, colleges might just kill off Halloween entirely.

from Hit & Run http://ift.tt/2dWfRzm

Colonial Gas Pipeline Explodes In Shelby County, Alabama – Live Stream

A massive plume of smoke is filling the skyline after a gas pipeline exploded in Helena, Alabama according to CBS42. Fire units are headed to the scene, according to McAdory Fire Station #2. Alagasco has stated that the fire is from a petroleum line. According to the Shelby County Sheriff’s office, the blast was on the Colonial Line, with 8-9 people injured. The Sheriff adds that the blast happened during crew work.

The explosion took place near 334 Highway 13. At this time, a response team has been called in from Jefferson County as well as a tanker from the McAdory Fire Department.

Vestavia Hills Fire Department has also arrived on the scene, along with Shelby County’s Sheriff’s Department.

UAB has received five patients associated with the explosion who arrived by LifeFlight helicopter. At this time, there is no word on their condition, but CBS42 has learned that they are being treated for burns.

Helena police are stating that there was an explosion in the Shelby County Jurisdiction, and that no Helena residents are in danger.

Travel is not being impacted to students who get dropped off on County Road 13, according to the transportation director with Shelby County schools.

It is unclear how much product is impacted and whether East Coast gasoline prices are set to spike as a result.

via http://ift.tt/2faOyxm Tyler Durden

The Devaluation Of Higher Education

Submitted by Carmen Elena Dorobat via The Mises Institute,

Government programs (such as subsidies and student loans) designed to inflate both the supply and demand for higher education have driven a wedge between universities, students, and employers. Like any other economic good, the value of a higher education degree is determined on the market, at the intersection of the subjective valuations and appraisements of those constituting the supply and demand of that particular good. The parties interested in these transactions are not just education providers and students, but also—or even primarily—employers looking to hire graduates into their companies. At least, that’s how things should be, with entrepreneurs at the forefront, driving and shaping up the content and quality of the education and training of their future employees.

But with the government interfering now for decades with this precarious balance, it is not unexpected to find that the essential link which allowed the market to work efficiently has been fractured. The result is that higher education degrees no longer hold any value for employers.

Recent evidence suggests that in the UK, for example, a record number of university graduates—one in four—face only a choice between unemployment and taking a job that does not require a degree. This shows that their degrees are not demanded on the market or, alternatively, that young people are malinvesting high student loans into degrees which, once obtained, will not offer them better employment alternatives than before—thus having a rate of return too low to justify the initial investment. Similarly, an investigation by The Economist has revealed that worldwide, BAs, BSCs, but also master programs such as MBAs are no longer considered to offer a candidate a competitive edge in the marketplace.

Another facet of the devaluation of higher education is the record high number of specialised degrees, a trend which began with masters and MBAs, but has now peaked into PhDs.The mismatch between supply and demand (academic positions) is even wider in this case. A 2013 paper published in Nature Biotechnology has found that “Each year, there are seven times more PhDs awarded in science and engineering than there are newly available faculty positions.” In fact, the authors show that

Since 1982, almost 800,000 PhDs were awarded in science and engineering (S&E) fields, whereas only about 100,000 academic faculty positions were created in those fields within the same time frame. The number of S&E PhDs awarded annually has also increased over this time frame, from ~19,000 in 1982 to ~36,000 in 2011. The number of faculty positions created each year, however, has not changed, with roughly 3,000 new positions created annually.

A part of these graduates, especially in economics, end up working for the government when they eventually fail the market test. But the trend is also extending further to postdoctoral fellowships, which are sought after by the 70% of PhDs unable to find alternative employment. 

Taking the government out of higher education and letting universities compete in providing market-relevant, profitable degrees is only one part of the solution. The market for education won’t be entirely healthy until the government is also taken out of primary, secondary, and high school curricula and finances, allowing parents and pupils to become informed consumers of education and good judges of their investments.

via http://ift.tt/2f2gQxM Tyler Durden

Trump To Weiner: “Thank You”

With even The White House not standing by their candidate's narrative, perhaps we should all thank Anthony Weiner…


DONALD TRUMP: This is the biggest scandal since Watergate. Hillary wants to blame everyone else for her mounting legal troubles. But she has brought all of this on herself.

Hillary is the one who set up an illegal private e-mail server in a closet to shield herself from her illegal activities. Hillary is the one who engaged in a pay-for-play scheme at the State Department. Now there are five FBI probes into the Clinton Foundation and their pay-for-play activities. Very, very deep investigations.

Hillary is the one who sent and received classified information on an unsecure server, putting the safety of the American people under threat. That's what she did…

650,000 emails. You know what I call that? That's the motherlode.

I think you will find the 33,000 that are missing, the 15,000 that are missing, the facts that are missing.

You know they had boxes of e-mails missing two weeks ago? I think we hit the motherlode, as they say in the good old mining industry.

Hillary is the one who lied to Congress under oath. Hillary is the one who lied on so many different occasions to the FBI. And they know, they know. They know Hillary is the one who made 13 phones disappear. Some with a hammer.

Hillary is the one who destroyed 33,000 e-mails, after she got the subpoena. After. Before, no good. But after? No, that's why something should have happened then.

Hillary is the one that broke the law over and over and over again. We can be sure that what is in those e-mails is absolutely devastating. And I think we are going to find out, by the way, for the first time.

Thank you, Huma. Good job, Huma. Thank you, Anthony Weiner.

And you all saw the statements I made about him a year ago?

You know, in New York we knew Weiner. And I made statements that were rough. Like — how can she be allowed to live with this guy? How can she have access to this important information? And I was badly criticized, right? Now they are saying — wow, Trump has good judgment. Wow. Got good instincts. Got good instincts.

Hillary is not the victim. The American people are the victims.

via http://ift.tt/2eV675r Tyler Durden

Lower Taxes Will Help Bring Legal Weed out of the Black Market

If California voters decide to legalize marijuana for recreational purposes on Nov. 8, there will still be important decisions left to local elected officials.

One crucial element that cities and towns will have to decide—if voters approve legalization statewide, as polls suggest they will—is whether to apply local sales taxes on cannabis. Proposition 64 sets a statewide sales tax of 15 percent on marijuana, but gives local jurisdictions the right to layer additional taxes on top.

As I explained in a column in the Orange County Register this weekend, cities should resist the urge to set high tax rates that could keep a portion the state’s marijuana market—a market that could account for more than $5 billion in annual sales—in the shadows and make it harder for legal marijuana businesses to get started. Other states aiming to legalize weed should take the same cautious approach.

From my piece, which you can read here:

The tax plan contained in Prop. 64, pro-marijuana activists say, could help California avoid some of the pitfalls that Colorado, Oregon and Washington dealt with in the aftermath of legalization. Each of those states initially imposed tax rates in excess of 25 percent (Oregon had the highest initial rate, 37 percent), but all three already have taken steps to reduce their taxes on weed.

Higher tax rates, those states found, kept the marijuana industry partially in the shadows. California’s lower tax rate should help to bring the state’s robust black market for weed into the light. That’s good for consumers, good for businesses and good for the state’s tax coffers.

California isn’t alone in learning this lesson. States considering legalization this year are all aiming at lower tax rates. Voters in Arizona and Nevada, like those in California, will decide on Nov. 8 if they want to legalize recreational marijuana and tax it at 15 percent. A marijuana legalization initiative in Maine would set taxes at 10 percent, and Massachusetts’ proposed 3.75 tax rate would be the lowest in the nation for recreational weed, if voters approve it.

Estimates vary, but California is likely to net more than $650 million in revenue from the state sales tax on marijuana. An analysis by the Los Angeles Times suggests that that figure could rise to $1 billion within a few years. The state plans to use the revenue to pay for a wide range of things somewhat related to legalization, including law enforcement, drug education and treatment programs, environmental projects and DUI enforcement.

Still, the biggest benefit of legalization is the end of a destructive and expensive war against the black market for marijuana. That’s why it’s important that legalization doesn’t come with tax burdens that could force marijuana to stay in the underground economy.

“It’s a balancing act,” says Lynne Lyman, whom I interviewed on this week’s episode of American Radio Journal. Lyman is the California state director for the Drug Policy Alliance, which is supporting the passage of Prop 64.

“Overtaxing will not only not generate the revenue—because people will stay in the underground market,” says Lyman. “It will also increase crime, increase arrests, all the things we’re trying to reduce with legalization.”

You can listen to the whole interview here, and check out more about California’s Proposition 64 below.

from Hit & Run http://ift.tt/2e6wJyI

DOJ Tells Congress It Will Work “Expeditiously” To Review Huma’s Emails… There Is Just One Problem

Now that the FBI has obtained the needed warrant to start poring over the 650,000 or so emails uncovered in Anthony Weiner’s notebook, among which thousands of emails sent from Huma Abedin using Hillary Clinton’s personal server, moments ago the Us Justice Department decided to also finally join the probe, and as AP reported moments ago, it vowed to dedicate all needed resources to quickly review the over half a million emails in the Clinton case.

In the letter to Congress, the DOJ writes that it “will continue to work closely with the FBI and together, dedicate all necessary resources and take appropriate steps as expeditiously as possible,” assistant attorney General Peter J. Kadzik writes in letters to House and Senate lawmakers.

So far so good, even if one wonders just how active the DOJ will be in a case that has shown an unprecedented schism between the politically influenced Department of Justice and the FBI.

And yet, something felt odd about this.

Kadzik… Kadzik… where have we heard that name?

Oh yes. Recall our post from last week, “Clinton Campaign Chair Had Dinner With Top DOJ Official One Day After Hillary’s Benghazi Hearing” in which we reported that John Podesta had dinner with one of the highest ranked DOJ officials the very day after Hillary Clinton’s Benghazi testimony?

It was Peter Kadzik.

In other words, the best friend of John Podesta, Clinton’s Campaign char, at the DOJ will be in charge of a probe that could potentially sink Hillary Clinton.

For those who missed it, this is what we reported:

The day after Hillary Clinton testified in front of the House Select Committee on Benghazi last October, John Podesta, Hillary’s campaign chairman met for dinner with a small group of well-connected friends, including Peter Kadzik, who is currently a top official at the US Justice Department serving as Assistant Attorney General for Legislative Affairs.


The post-Benghazi dinner was attended by Podesta, Kadzik, superlobbyist Vincent Roberti and other well-placed Beltway fixtures. The first mention of personal contact between Podesta and Kadzik in the Wikileaks dump is in an Oct. 23, 2015 email sent out by Vincent Roberti, a lobbyist who is close to Podesta and his superlobbyist brother, Tony Podesta. In it, Roberti refers to a dinner reservation at Posto, a Washington D.C. restaurant.  The dinner was set for 7:30 that evening, just one day after Clinton gave 11 hours of testimony to the Benghazi Committee.


Podesta and Kadzik met several months later for dinner at Podesta’s home, another email shows. Another email sent on May 5, 2015, Kadzik’s son asked Podesta for a job on the Clinton campaign.

As the Daily Caller noted, the dinner arrangement “is just the latest example of an apparent conflict of interest between the Clinton campaign and the federal agency charged with investigating the former secretary of state’s email practices.” As one former U.S. Attorney tells told the DC, the exchanges are another example of the Clinton campaign’s “cozy relationship” with the Obama Justice Department.

The hacked emails confirm that Podesta and Kadzik were in frequent contact. In one email from January, Kadzik and Podesta, who were classmates at Georgetown Law School in the 1970s, discussed plans to celebrate Podesta’s birthday. And in another sent last May, Kadzik’s son emailed Podesta asking for a job on the Clinton campaign.

“The political appointees in the Obama administration, especially in the Department of Justice, appear to be very partisan in nature and I don’t think had clean hands when it comes to the investigation of the private email server,” says Matthew Whitaker, the executive director of the Foundation for Accountability and Civic Trust, a government watchdog group.

“It’s the kind of thing the American people are frustrated about is that the politically powerful have insider access and have these kind of relationships that ultimately appear to always break to the benefit of Hillary Clinton,” he added, comparing the Podesta-Kadzik meetings to the revelation that Attorney General Loretta Lynch met in private with Bill Clinton at the airport in Phoenix days before the FBI and DOJ investigating Hillary Clinton.

Kadzik’s role at the DOJ, where he started in 2013, is particularly notable Kadzik, as helped spearhead the effort to nominate Lynch, who was heavily criticized for her secret meeting with the former president.

It gets better because, as we further revealed, if there is one person in the DOJ who is John Podesta’s, and thus the Clinton Foundation’s inside man, it is Peter Kadjik.

Kadzik represented Podesta during the Monica Lewinsky investigation. And in the waning days of the Bill Clinton administration, Kadzik lobbied Podesta on behalf of Marc Rich, the fugitive who Bill Clinton controversially pardoned on his last day in office. That history is cited by Podesta in another email hacked from his Gmail account. In a Sept. 2008 email, which the Washington Free Beacon flagged last week, Podesta emailed an Obama campaign official to recommend Kadzik for a supportive role in the campaign. Podesta, who would later head up the Obama White House transition effort, wrote that Kadzik was a “fantastic lawyer” who “kept me out of jail.”


Podesta was caught in a sticky situation in both the Lewinsky affair and the Rich pardon scandal. As deputy chief of staff to Clinton in 1996, Podesta asked then-United Nations ambassador Bill Richardson to hire the 23-year-old Lewinsky. In April 1996, the White House transferred Lewinsky from her job as a White House intern to the Pentagon in order to keep her and Bill Clinton separate. But the Clinton team also wanted to keep Lewinsky happy so that she would not spill the beans about her sexual relationship with Clinton.

Richardson later recounted in his autobiography that he offered Lewinsky the position but that she declined it.

Podesta made false statements to a grand jury impaneled by Independent Counsel Kenneth Starr for the investigation. But he defended the falsehoods, saying later that he was merely relaying false information from Clinton that he did not know was inaccurate at the time. “He did lie to me,” Podesta said about Clinton in a National Public Radio interview in 1998. Clinton was acquitted by the Senate in Feb. 1999 of perjury and obstruction of justice charges related to the Lewinsky probe. Kadzik, then a lawyer with the firm Dickstein Shapiro Morin & Oshinsky, represented Podesta through the fiasco.

Podesta had been promoted to Clinton’s chief of staff when he and Kadzik became embroiled in another scandal.

Kadzik was then representing Marc Rich, a billionaire financier who was wanted by the U.S. government for evading a $48 million tax bill. The fugitive, who was also implicated in illegal trading activity with nations that sponsored terrorism, had been living in Switzerland for 17 years when he sought the pardon. To help Rich, Kadzik lobbied Podesta heavily in the weeks before Clinton left office on Jan. 20, 2001. A House Oversight Committee report released in May 2002 stated that “Kadzik was recruited into Marc Rich’s lobbying campaign because he was a long-time friend of White House Chief of Staff John Podesta.”

The report noted that Kadzik contacted Podesta at least seven times regarding Rich’s pardon. On top of the all-hands-on-deck lobbying effort, Rich’s ex-wife, Denise Rich, had doled out more than $1 million to the Clintons and other Democrats prior to the pardon. She gave $100,000 to Hillary Clinton’s New York Senate campaign and another $450,000 to the Clinton presidential library.

Kadzik’s current role

In his current role as head of the Office of Legislative Affairs, Kadzik handles inquiries from Congress on a variety of issues. In that role he was not in the direct chain of command on the Clinton investigation. The Justice Department and FBI have insisted that career investigators oversaw the investigation, which concluded in July with no charges filed against Clinton.

But Kadzik worked on other Clinton email issues in his dealings with Congress. Last November, he denied a request from Republican lawmakers to appoint a special counsel to lead the investigation.

In a Feb. 1, 2016 letter in response to Kadzik, Florida Rep. Ron DeSantis noted that Kadzik had explained “that special counsel may be appointed at the discretion of the Attorney General when an investigation or prosecution by the Department of Justice would create a potential conflict of interest.”

DeSantis, a Republican, suggested that Lynch’s appointment by Bill Clinton in 1999 as U.S. Attorney in New York may be considered a conflict of interest. He also asserted that Obama’s political appointees — a list which includes Kadzik — “are being asked to impartially execute their respective duties as Department of Justice officials that may involve an investigation into the activities of the forerunner for the Democratic nomination for President of the United States.”

It is unknown if Kadzik responded to DeSantis’ questions.

Kadzik’s first involvement in the Clinton email brouhaha came in a Sept. 24, 2015 response letter to Senate Judiciary Committee chairman Chuck Grassley in which he declined to confirm or deny whether the DOJ was investigating Clinton. Last month, Politico reported that Kadzik angered Republican lawmakers when, in a classified briefing, he declined to say whether Clinton aides who received DOJ immunity were required to cooperate with congressional probes.

Kadzik also testified at a House Oversight Committee hearing last month on the issue of classifications and redactions in the FBI’s files of the Clinton email investigation.

* * *

And now it seems that Kadjik will be in charge of the DOJ’s “probe” into Huma Abedin’s emails. Which is why we are a little skeptical the DOJ will find “anything” of note.

Peter Kadzik, with lobbyist Tony Podesta, brother of John Podesta.

via http://ift.tt/2eUWDqU Tyler Durden

The Clinton Collapse – Only The Deep State Is So Precise

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

The Deep State's most prescient elements must derail Hillary's campaign to clear a path to Trump's executive team.

Back in August, I asked Could the Deep State Be Sabotaging Hillary? I think we now have a definitive answer: "These blast points on Hillary's campaign… too accurate for the Mainstream Media. Only the forces of the Imperial Deep State are so precise."

The Mainstream Media is presenting the FBI investigation as a "lose-lose" situation for embattled FBI Director Comey. If Comey remained quiet until after the election, he would be accused of colluding with the Clinton campaign and its allies in the Department of Justice (sic).

But in going public, he stands accused by Democrats of "intervening in an election," i.e. raising doubts about Hillary's judgement and veracity days before Americans go to the polls.

Another narrative has Comey's hand forced by the threat of disgusted FBI agents leaking information that would show the FBI caved into political pressure from the Democratic Party and Clinton campaign to keep relevant material out of the public eye until after the election.

I submit another much more powerful dynamic is in play: the upper ranks of the Deep State now view Hillary as an unacceptable liability. The word came down to Comey to act whether he wanted to or not, i.e. take one for the good of the nation/Deep State/Imperial Project.

As a refresher: the Deep State is the unelected government (also called the invisible or shadow government) that is not as monolithic as generally assumed.

The neo-conservative globalists who want Hillary to continue pushing their agenda are the more visible camp, but another less visible but highly motivated camp realizes Hillary and her neo-con agenda would severely damage the nation's security and its global influence. It is this camp that is arranging for Hillary to lose.

The consensus view seems to be that the Establishment and the Deep State see Trump as a loose cannon who might upset the neo-con apple cart by refusing to toe the neo-con line.

This view overlooks the reality that significant segments of the Deep State view the neo-con strategy as an irredeemable failure. To these elements of the Deep State, Hillary is a threat precisely because she embraces the failed neo-con strategy and those who cling to it. From this point of view, Hillary as president would be an unmitigated disaster for the Deep State and the nation/Imperial Project it governs.

Whatever else emerges from the emails being leaked or officially released, one conclusion is inescapable: Hillary's judgement is hopelessly flawed. Combine her lack of judgement with her 24 years of accumulated baggage and her potential to push the neo-con agenda to the point of global disaster, and you get a potent need for the Deep State's most prescient elements to derail her campaign and clear a path to Trump's executive team.

Once this path is clear, the management of Trump's executive team can begin in earnest, a management process aimed at disengaging the nation and its global Empire from neo-con overreach.

If you think this scenario is "impossible," let's see how the election plays out before deciding what's "impossible" and what's inevitable.

*  *  *

Join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.

My new book is #8 on Kindle short reads -> politics and social science: Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle ebook, $8.95 print edition) For more, please visit the book's website.

via http://ift.tt/2fxPe4m Tyler Durden

Trump Won’t Pay Polling Firm, CNN and Brazile Parted Ways, Chicago Has Deadly Weekend: P.M. Links

  • Trump, Clinton, ObamaDonald Trump’s campaign is disputing more than $750,000 it owes to a polling firm and is declining to pay it.
  • CNN has cut ties with Donna Brazile after emails released by Wikileaks showed her apparently sending the campaign likely questions for Hillary Clinton before the second debate. CNN, though, also denies having given Brazile any advance information. Brazile actually resigned earlier in the month, but this is all coming out now.
  • The White House says it does not believe FBI Director James Comey is trying to influence the election with his Friday announcement of discovering more potentially relevant emails in the Hillary Clinton investigation.
  • A source told CNBC that Comey didn’t want to identify Russia as the source of hacking intended to influence America’s presidential election so close to the election.
  • A judge ruled today that the audio recordings of the 911 calls by Orlando nightclub shooter Omar Mateen must be made public.
  • This weekend was Chicago’s deadliest of the year: 17 people were fatally shot.
  • The Pirate Party in Iceland underperformed the polls over the weekend and came in third place in the country’s election, but still improved and may gain seven seats in the parliament. The tech-oriented party has libertarian leanings in a lot of areas connected to civil and individual rights (free speech, intellectual property reform, ending the drug war, et cetera). But I’ve also been told by several Icelandic libertarians that they are more inclined toward the direction of left-wing government central planning and control of economic issues than libertarians would generally support.
  • Police in Montreal snooped on a journalist’s phone in order to identify his sources. The sources were apparently leaks from within the police department connected to stories where police were alleged to have fabricated evidence in drug and gang arrests.

Follow us on Facebook and Twitter, and don’t forget to sign up for Reason’s daily updates for more content.

from Hit & Run http://ift.tt/2eV2jRA

Election Pits Crooked Hillary Against Saint Hillary: New at Reason

Crooked Hillary is the one that has been on front pages lately. She is, of course, a character that many who lived through the first Clinton presidency remember plenty well. The one who made $100,000 in ten months in 1978 and 1979 trading cattle and hog future contracts. The one whose Rose Law Firm billing records were mysteriously discovered in the White House residence in 1996 after two years in which they had disappeared while congressional investigators had subpoenaed them.

But if Crooked Hillary is in danger of losing the election, or of sabotaging her own chances of a successful presidency if she wins, it’s Saint Hillary who is on the verge of winning a historic victory, Ira Stoll writes. If you are having a hard time dredging her image up from the depths of your memory, try clicking on the cover of The New York Times magazine from Sunday, May 23, 1993, which featured a striking image of Clinton dressed in pure, angelic, white, a three-strand pearl necklace around her throat. The Times magazine cover promoted an article by Michael Kelly headlined “Saint Hillary.”

View this article.

from Hit & Run http://ift.tt/2eV1M28

The Real October Surprise: Stocks, Bonds, Gold, & Oil All Dump As The Dollar Jumps

Anyone else feel like this?


On the month, everything ended in the red

  • Bonds worst month since Feb 2015
  • Stocks worst month since Jan 2016
  • USD Index best month since Nov 2015

This is the first time since Aug 2015 (and the china devaluation crash) that stocks and bonds both closed red on the month. Note that Oil, Bonds, and Gold just happened to all end down around 3.3% on the month…


Which is interesting since the USD Index rose 3.1% on the month… its best month since Nov 2015…


Risk-Parity deleveraging was the key factor with the funds suffering their worst month since Nov 2015…


And a surge in December rate hike odds…

*  *  *

Since Comey dropped his bombshell, bonds & bullion are bid, stocks and oil are not…


Stocks scrambled back to unch on the day (with Trannies surging as crude plunged) but faded into the close…


S&P remains on the cliff edge…


VIX ended the month above 17 (highest monthly close since Feb)… The closing ramp has disappeared…


After 5 straight down days, VIX is now up 5 straight days…


The USD index was very modestly higher on the day with Cable strength (Comey staying) offset buy weakness in the other majors…


Treasury yields fell on the day (flattening with 30Y -3bps)…


Leaving the 10Y yield back at 5 month highs…


Crude was ugly on the day as copper and silver gained most (and gold inched higher)…


WTI Crude crashed to a $46 handle…

via http://ift.tt/2fo6SrX Tyler Durden