Not long after Acting Chief of Staff Mick Mulvaney told Maria Bartiromo that he believed USMCA (the Nafta 2.0 trade deal that the Dems have promised to obstruct) had a better chance of passing than a long-hoped for bipartisan infrastructure plan, Nancy Pelosi and Chuck Schumer emerged from a lengthy meeting with President Trump with some interesting news.
The leaders said the talks had gone well, and that the two sides had agreed on a $2 trillion figure for a forthcoming plan to rebuild American bridges, roads railways and other vital infrastructure. Schumer told reporters that another meeting about financing will be held in three weeks.
Amusingly, Republican leaders in the House have told reporters in recent days that there’s no appetite for such a large plan among Republicans in Congress.
In a letter delivered to Trump ahead of the meeting, the Democratic leaders advised Trump that a bipartisan deal must include new sources of financing, considerations for clean energy, and protections for labor, women and minority business owners.
New letter from Speaker Pelosi and Senator Schumer outlining the priorities they want for infrastructure talks tomorrow with President Trump at WH meeting. pic.twitter.com/zBExjhZWaW
Judging by the bond market’s reaction (which was pretty subdued), the market agrees with Mulvaney and expect that an infrastructure deal likely won’t happen. Yields remained anchored near sessions lows, suggesting that investors have shrugged off the prospects for an even wider budget deficit.
via ZeroHedge News http://bit.ly/2VGrvn0 Tyler Durden
In this day and age when most people have everything they could possibly need and then some, the world is sadder and angrier than ever before. The standard of living around the globe has never been higher, but neither has the discontentment.
According to a major analysis of global well-being, the world really is getting more miserable. Human beings worldwide are sadder, angrier and more fearful than they have ever been before. Something just isn’t right on Earth. In Gallup’s annual Global State of Emotions report, all three emotions (sadness, anger, and fear) rose to record levels in 2018, for the second consecutive year.
Chad took the undesirable honor of being the world’s most negative country. Wrought with war, political crisis, and human rights violations, the country is the world’s worst in terms of emotional health, according to CNN.
Gallup charted humanity’s prolonged slump by holding 151,000 interviews in 2018 with adults in more than 140 countries. It has measured emotions annually since 2006.
In 2018, about 4 in 10 people said they experienced a lot of worry the day before the interview, while a third said they were stressed and nearly 3 in 10 said they felt a lot of physical pain. A quarter experienced sadness, and 22% were angry. –CNN
Futurism reported that the researchers who conducted this study found that the number of people who said they’d experienced anger increased by two percentage points over the previous year, while both worry and sadness increased by one percentage point which is setting new record highs for all three negative emotions.
Research has noted the impact negative feelings can have on a person’s physical health — studies have linked angerto an elevated risk of heart attack and stroke, while chronic worry and sadness can be signs of anxiety disorders and depression, which carry an increased risk of heart disease.
If people continue to experience these negative emotions in greater numbers, we could be headed toward a future in which the global population is increasingly unhealthy — a situation that carries its own troubling side effects. –Futurism
Research has indicated that stress and other negative emotions can wear on the body and even manifest in the form of health problems. According to the people living on the Earth, the world is just not that happy of a place. But there are ways to improve our happiness.
Alcoholism and other addictive behaviors and suicides are also on the rise in the United States. Feelings of hopelessness and despair are overwhelming far too many in the U.S. So much so, that people are turning to alcohol, drugs, and suicide to numb the pain of their lives. Government enslavement and the stranglehold on the economy are making life even more difficult on those already struggling to get by. And this is seen in new “death” numbers released.
New video, uploaded onto Youtube on Monday, offers a rare glimpse inside the cockpit of the Northrop Grumman B-2 Spirit stealth bomber for the first time in the thirty-year history of the Air Force’s most secretive stealth program.
FIlmed by Dallas-based film producer Jeff Bolton, the Air Force allowed him to become the first civilian to fly and film aboard the highly classified jet.
Bolton is currently producing a twelve-part television series called the “Guardians: A Mission For Peace,” which examines the role and mission of American nuclear forces in the 21st century.
The video was taken in 2018, shows Bolton aboard a B-2A with the 509th Bomb Wing out of Whiteman Air Force Base, Missouri. The short, seven-second video, gives viewers the first-ever look inside the cockpit.
“In an era of rising tensions between global nuclear powers — the United States, China, Russia, and North Korea — this timely video of is a vivid reminder of the B-2’s unique capabilities,” Bolton said in a statement. “No other stealth bombers are known to exist in the world.”
Another video from Bolton shows internal and external footage of the B-2’s refueling sequence.
“The workload in there for two people is just outrageous. The systems and processes that you have to understand to operate the jet are enormous. The teamwork and coordination involved between the ground and the pilots and between the pilots themselves, between the planners and the pilots – I’ve never seen anything like it,” he said in a Defense News interview.
The B-2 Spirit is a heavy strategic bomber, featuring low observable stealth technology designed to penetrate regions that are defended by advanced missile defense systems. The bomber can carry conventional and nuclear payloads. The advanced aircraft is a cornerstone of America’s nuclear deterrence capabilities.
Watch the full reveal video:
via ZeroHedge News http://bit.ly/2WhrPWv Tyler Durden
The simmering feud between Ottawa and Beijing that erupted after Canadian authorities arrested Huawei CFO Meng Wanzhou may have disappeared from the headlines…but it’s far from over. To wit, on Tuesday, the Jiangmen Intermediate People’s Court sentenced another Canadian to death on drug trafficking charges, making him the second Canadian national to receive a death sentenced in the past year.
According to the Globe and Mail, the Chinese court, in Guangdong province, accused Fan of leading what it called the “extraordinarily serious transnational trafficking and manufacturing of narcotics.” The case dates back to 2012.
The court sentenced another conspirator to death, but it didn’t disclose his nationality. Several others, including American Mark Swiden and four Mexicans, were also sentenced on drug charges Tuesday. Swiden was given a suspended death sentence, an effective life sentence, but the sentences for the others weren’t disclosed – though the court said the minimum sentence was life imprisonment, according to Reuters.
Between July and November of 2012, the court said, the group manufactured 63.83 kilograms of methamphetamine and 365.9 grams of dimethyl amphetamine. However, most of the details on the case available in the West have come through Swiden’s family, who have proclaimed his innocence. The businessman was arrested despite the fact that no drugs were found on him or in his hotel room; police said they found drugs on an interpreter, who implicated Swiden in the scheme.
Following Meng’s arrest in Vancouver on Dec. 1, Chinese police arrested two other Canadian nationals, including a former diplomat and a businessman who organized trips to North Korea, and is charging them with threatening national security. Both men remain in custody even as Ottawa has demanded their release.
Meng, who is currently out on bail in Vancouver, has denied allegations that she misled banks about Huawei’s business in Iran, violating US sanctions. President Trump once said that Meng’s case could be used as a “bargaining chip” in trade negotiations.
China, which through its English-language press had threatened “severe” retaliation against Canada for the arrest of Meng, who in addition to being Huawei’s CFO is also the daughter of its founder, a Chinese business luminary, has also apparently retaliated against Canada by cancelling Richardson International’s license to ship canola to China.
China has previously executed at least two Canadian citizens for drug crimes.
via ZeroHedge News http://bit.ly/2vqSswu Tyler Durden
Nothing quite says “things are great” in your business and industry more than an absolute blowout fire sale of all of your inventory. This is what Tesla is set to announce regarding its solar panels and related equipment on Tuesday, according to the NYT.
Tesla plans to announce that it has started selling its solar panels and related equipment for up to 38% less than the national average price by standardizing systems. Customers are going to need to order the equipment online and Tesla will be offering systems only in 4 kilowatt increments or 12 panels.
The drop in price is stunning: not unlike the auto business, the solar business is a capital intensive industry with tight margins, where companies perform intense analysis to find even the smallest synergies and cut off pennies per watt in cost. To undercut the national average by 38% is a nearly unthinkable strategy, assuming Tesla still strives to make money from this segment.
Meanwhile, the company’s solution to make this happen is about as novel of an idea as building a production tent.
Tesla is going to be asking customers to do some of the work for them. Customers will be asked to do some of the installation basics, such as taking photos of their own electric meters and other equipment to provide to the company. Customers could then pay $1.75 to $1.99 per watt after all of these changes, according to the company. The average residential solar customer pays $2.85 per watt, including $1 for permitting and inspections, according to the Solar Energy Industries Association.
Sanjay Shah, who runs Tesla’s solar business said: “We spent hours and hours and days and days on the process. It adds cost. It adds time. We needed to have a very streamlined process.”
Ever since Tesla’s “strategic” bail out purchase of Solar City, the energy portion of the business has been volatile and trending toward a decline. Back in February 2018, the company said it would sell panels in 800 Home Depot stores – that idea lasted until June, only 4 months later, when they ended the partnership. Solar’s decline was confirmed again by Tesla’s 10-Q, filed just days ago, showing an anemic number for its Solar MW Deployed.
The solar roof shingles that Tesla pitched to the public about 2 years ago have also not come to fruition yet. Finally, Tesla faces additional pressure from its Buffalo factory where, due to taking on significant subsidies, it needs to rush to meet certain hiring and investment requirements. Musk was recently spotted in Buffalo.
In a thread from one Twitter user, they noted that “hospitals don’t cut costs by asking their patients to set up their own X-Rays”:
5/ Thats not how to solar industry works folks. You cant cut corners and pass off to a customer what needs to be done by a professional.
Hospitals do not cut costs by asking their patients to set up their own X-Rays.$TSLA$TSLAQ
They also asked important questions like whether or not these new changes could wind up being more trouble than they’re worth:
6/ In the end how much will this actually save? How much time will be wasted instructing the customer, waiting for the customer to provide the measurements, and asking to redo/send additional info?
Will this give Tesla the proper info to bring the right materials/equipment?
Offering the latest hint at the true depths of the White House’s frustration over the ongoing trade talks with Beijing, Acting Chief of Staff Mick Mulvaney said during an interview at the Milken Institute that the talks couldn’t go on “forever” and would be resolved “one way or another” during the next two weeks.
Echoing a remark made a few weeks back by President Trump, Mulvaney added that the US wouldn’t do a deal with China if it’s not “great”.
Whether or not he intended his remarks to sound like the administration is souring on the prospects for a deal, that’s how the market took it, and stocks moved lower on the headline.
Steve Mnuchin and Robert Lighthizer started the latest round of talks in Beijing on Tuesday, and it’s expected that Chinese Vice Premier Liu He will travel to Washington next week for what the administration hopes will be the ‘final’ round of talks, after which plans for a Trump-Xi summit can be announced.
Watch the rest of Mulvaney’s interview with Maria Bartiromo below:
via ZeroHedge News http://bit.ly/2VzuEFj Tyler Durden
Working hard and doing what you’re told is no longer yielding the promised American Dream of security, agency and liberty.
Volume One of Fernand Braudel’s oft-recommended (by me) trilogy Civilization & Capitalism, 15th to 18th Century is titled The Structures of Everyday Life. The book describes how life slowly became better and freer as the roots of modern capitalism and liberty spread in western Europe, slowly destabilizing and obsoleting the sclerotic tyrannies of feudalism.
Today I want to discuss the erosion of everyday life as a manifestation of the endgame of the current version of state capitalism, more precisely neofeudal state-cartel financialization, which combines financial predation of the home (core) economy and global exploitation of the Periphery (a.k.a. neocolonialism.)
Unlike the era Braudel describes, our era is characterized by the decline of liberty and the distortion of capitalism to serve the few at the expense of the many.
The over-used analogy of the boiled frog remains apt in understanding the erosion of everyday life: everyday life has become increasingly more difficult, more stressful, less rewarding financially, more deranging and less free for the past two generations. This erosion has gathered momentum in the 21st century as the status quo has ramped up its dysfunctional dynamics to keep the increasingly unequal distribution of wealth, power and liberty in place.
Consider the costs and capital flows of planned obsolescence. The consumer, who once was implicitly assured decades of reliable service from an American-made appliance, now gets an appliance that rarely lasts more than a decade, regardless of the brand or origin.
In the relentless drive for higher profits, every component is outsourced to the lowest cost supplier. I can assure you nobody checks the electronic components for durability; the circuit boards that operate your dryer, washer, refrigerator, etc. are checked to make sure they function coming out of the factory (though even this step is slipshod), but that’s it.
Since I’ve replaced defective boards in appliances, I can report that 1) the labor component of the repair is insanely expensive (which is why I did it myself, of course) 2) the boards are insanely expensive–$150 for what I estimate is $10 of commodity chips embedded in a $5 board, to more than $300, depending on the age and brand and 3) replacing the board is no guarantee the new board will last more than a few years, being made of the cheapest components in the lowest-quality factories.
This is the only profitable model of late-stage state-cartel corporate capitalism: force the consumer to upgrade their perfectly functional mobile phone, tablet, etc., every few years, or engineer the appliance/device to fail in a few years.
The favored corporate exploitation/predation mechanism is the long-term maintenance plan: since consumer, distributor (Best Buy et al.) and manufacturer all know the product has been engineered to fail in a few years, consumers are blackmailed into buying incredibly costly long-term maintenance plans, which work for the blackmailers because:
1) many consumers will lose the paperwork or get confused by the claims process and give up
2) other consumers will just decide to buy a new product, having been conned by “new features” or the ease of buying new rather than being on hold for hours trying to get Corporate America to do anything remotely beneficial to customers and
3) if the consumer is especially obdurate and grinds through all the barriers Corporate America sets up to wear them down and gets a repair person to actually show up, the corporation pays its actual cost for the replacement part–$15–not the $150 the consumer is charged should they fail to buy the long-term maintenance plan.
Here’s a related issue: corporations have made it essentially impossible to repair or service their products unless you are willing to jump through numerous hoops. I have personally observed how auto manufacturers have covered the oil plug with extraneous shielding, using multiple connectors to make it even more difficult for owners to perform the once-simple core of changing the oil in their vehicle.
I could go on, but those of you who actually maintain and repair stuff know there is no good engineering reason for the rising difficulty of performing basic maintenance and repair.
Traffic congestion. When did two-hour or even three-hour round-trip commutes become a standard feature of American life? When did subways and trains move from being occasionally comfortable to standing room only?
Workloads. When did the workloads expected of private sector workers become heavier (outside a few islands of state-funded torpor) as a matter of course?
Loss of purchasing power, a.k.a. inflation. While we’re constantly assured by the federal government and the corporate media that inflation is 2%, real-world prices are leaping higher. (And yet somehow this bogus 2% inflation rate isn’t “fake news”?) As the chart below illustrates, healthcare costs have been outpacing modest wage increases for years if not decades.
Loss of political agency: no matter who you vote for, the dysfunctional, grossly unequal status quo grinds on unchanged. No matter how many more bonds you pass, giving local governments billions of dollars to fix traffic congestion, homelessness, public education, crumbling infrastructure, rundown parks, etc., nothing ever actually gets better.
Financial insecurity: if you happen to master entering and exiting the asset bubble inflations and bursts just right, you can maintain some financial security–but don’t make a single mistake in buying or selling the bubble du jour, or you’ll be wiped out.
Nonsensical narratives: Here’s a simple test to prove the derangement caused by the ceaseless hyping of nonsensical narratives: stop watching “the news” and indeed all social media and all corporate media–go cold turkey other than following your local college and high school sports.
Do you feel less upset, less stressed, less deranged, less angry, less hopeless? Of course you do.
I could go on, but you get the picture: everyday life is eroding, getting harder and less free for the bottom 95%. And even the top 5% has increasingly had enough: working hard and doing what you’re told is no longer yielding the promised American Dream of security, agency and liberty.
* * *
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via ZeroHedge News http://bit.ly/2GKeEXJ Tyler Durden
The ongoing high-frequency-trading-tower-war that we reported on about a month ago has turned the page onto its next chapter, according to Bloomberg. Aurora, Illinois is one of the closest places that high frequency traders can get to the $63 billion CME Group exchange, where futures and derivatives on commodities and US treasuries trade, making it a mecca for HFTs seeking to frontrun slower orderflow.
We reported last month about an ongoing fight between two companies in Illinois to get their towers the closest to the CME Group in order to shave milliseconds off their transaction times – and to be able to sell space on their towers to other tenants looking to get as close as possible to the exchange. The latest move in that competition has come from Scientel Solutions LLC, who has assembled a 195 foot tower across the street from CyrusOne Inc, allegedly obstructing CyrusOne’s tower.
When we last reported, Scientel’s development site was only 2.6 mostly vacant acres that housed only a trailer, a portable toilet, and a pile of metal poles. That has changed, and Scientel’s tower is now up and running.
CyrusOne said previously that Scientel’s tower would block its own “line of sight” to downstream microwave dishes from its already existing tower, and interfere with its communication to and from the CME data center.
CyrusOne Inc. had previously tried to stop the Scientel tower from happening in January 2018 by suing Scientel and the city of Aurora, Illinois, which had approved the project. CyrusOne’s tower went up last year and sits just feet from the data center that
houses CME Group Inc.’s derivatives exchange.
The point of CyrusOne’s tower, to begin with, was to end the “war” and put all players seeking access to the CME Group in the same position – literally and figuratively. CyrusOne, which owns the CME Center, decided last year that it would finally end the scramble for real-estate by putting up the 350 foot tall wireless tower that would allow anybody to rent space on it. It’s closer than any trading firm could get to the center and targeted putting everybody “on equal footing”… in exchange for a very generous fee to CyrusOne, of course.
Scientel President Nelson Santos told Bloomberg this week that none of the antennas on the Scientel structure are currently being used for trading, but that “will change at some point”. Even better is the fact that the Scientel tower will connect wirelessly to CME by beaming signals to the CyrusOne tower. Santos didn’t disclose his customers due to NDA and what he called “competitive reasons”.
Meanwhile, CyrusOne’s tower has started to bud. Despite being put up last year, it was without an antenna until several weeks ago, when the first antenna was attached. There has been activity on the pole, with people climbing the tower this week and last, indicating that the project is progressing.
FCC records list Jefferson Microwave LLC, New Line Networks LLC and Webline Holdings LLC as three entities that are licensed to operate from the tower. Jefferson is part of Oakland-based McKay Brothers, New Line Networks is a joint venture of Chicago’s Jump Trading LLC and New York-based Virtu Financial Inc. and Webline is DRW Holdings LLC of Chicago.
Actually being a nanosecond faster is just as important, hence all of the fuss: microwave networks rely on line-of-sight transmissions as microwaves need to be able to “see” the dish they are communicating with. Because of the Earth’s curvature, the signal must be relayed from towers that are spaced apart generally every couple of miles. Companies like McKay say that they can process a trade from Aurora to Carteret, location of the Nasdaq data center, or Carteret to Aurora, in 4 milliseconds.
Back in March 2016, when it appeared that HFTs are starting to cannibalize one another, the CME sold its data center building for $131 million. The local government thought it had the issue squared away when it required CyrusOne to lease space to traders on its tower at “fair market rates”. Scientel’s tower popping up seems to be just more proof that government intervention is often useless. In this case, in fact, it looks as though it may have even stoked the fire hotter.
via ZeroHedge News http://bit.ly/2ZJqf1M Tyler Durden
Following several disappointing economic reports, including a continued slump in nationwide home prices and a crash in the Chicago PMI, we got a modest sliver of good news when the Conference Board reported that April Consumer Confidence rebounded from 124.2 to 129.2, a sharp beat to the 126.8 expected.
Both estimates of current conditions and economic outlooks improved: the Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased, from 163.0 to 168.3. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – increased from 98.3 last month to 103.0 this month.
Consumers’ assessment of current conditions improved in April. Those stating business conditions are “good” increased from 34.7 percent to 37.3 percent, while those saying business conditions are “bad” decreased from 12.4 percent to 11.7 percent.
Consumers’ short-term outlook also improved in April. The percentage of consumers expecting business conditions will be better six months from now increased from 17.2 percent to 19.9 percent, while those expecting business conditions will worsen declined from 10.0 percent to 9.1 percent.
Commenting on the report, Lynn Franco, Senior Director of Economic Indicators at The Conference Board said that “Consumer Confidence partially rebounded in April, following March’s decline, but still remains below levels seen last Fall.” Franco noted that “the Present Situation Index, which had decreased sharply last month, improved in April, as did consumers’ short-term outlook. Overall, consumers expect the economy to continue growing at a solid pace into the summer months. These strong confidence levels should continue to support consumer spending in the near-term.”
And with the payrolls report due out in just three days, many were keeping an eye on the reports’ measure of consumer sentimenta bout the labor market as indicated by the “jobs plentiful vs hard to get” indexes: here the respondents’ assessment of the labor market was also far more upbeat, with those stating jobs are “plentiful” increased from 42.5%to 46.8%, while those claiming jobs are “hard to get” decreased from 13.8% to 13.3%. As a result, the difference between the two series rose to 33.5, just shy of the highest print this cycle, and approaching levels last seen just before the dot com bubble burst.
via ZeroHedge News http://bit.ly/2GXeygN Tyler Durden
As he debated with himself whether to enter the race for the 2020 Democratic nomination, Joe Biden knew he had a problem.
As a senator from Delaware in the ’70s, he had bashed busing to achieve racial balance in public schools as stupid and racist.
As chairman of Senate Judiciary in the hearings on the nomination of Clarence Thomas in 1991, Biden had been dismissive of the charges by Anita Hill that the future justice had sexually harassed her.
In 1994, Biden had steered to passage a tough anti-crime bill that led to a dramatic increase in the prison population.
Crime went down as U.S. prisons filled up, but Biden’s bill came to be seen by many African Americans as discriminatory.
What to do? Acting on the adage that your best defense is a good offense, Biden decided to tear into President Donald Trump — for giving aid and comfort to white racists.
His announcement video began with footage of the 2017 white supremacist rally in Charlottesville, highlighting Trump’s remark, after the brawl that left a female protester dead, that there were “very fine people on both sides.”
“With those words,” said Biden, “the president of the United States assigned a moral equivalence between those spreading hate and those with the courage to stand against it. And in that moment, I realized that the threat to this nation was unlike any I had seen in my lifetime.”
Cut it out, Joe. This is just not credible. Even he cannot believe Trump had in mind the neo-Nazis and Klansman chanting, “Jews will not replace us!” when Trump said there were “fine people” on both sides.
If this were truly a road-to-Damascus moment for Biden, calling forth a new resolve to remove so morally obtuse a resident of the Oval Office, why did he have to agonize so long before getting in the race?
And was Charlottesville, a riot involving Klansmen, neo-Nazis and radicals, really a “threat to this nation” unlike any Biden had seen in a lifetime that covers the Cuban missile crisis, Vietnam, the riots in 100 cities after Martin Luther King’s assassination and Sept. 11?
Even the anti-Trump media seemed skeptical. Their first interviews after Biden’s announcement were not about Charlottesville but why it took so long to call Anita Hill to apologize.
Yet there is an unstated message in the Biden video. It is this:
With the economy firing on all eight cylinders, and the drive for impeachment losing steam, a new strategy is emerging — to take Trump down by stuffing him in a box with white supremacists.
The strategy is not original. It was tried, but backfired on Hillary Clinton when she called Trump supporters “deplorables … racist, sexist, homophobic, xenophobic, Islamophobic … bigots.”
This didn’t sit well with some white folks in Wisconsin, Michigan and Middle Pennsylvania.
Yet the never-Trumpers seem to think it could work this time.
After Saturday’s attack on the Passover service in Poway, California, which took a woman’s life, Trump denounced the atrocity, expressed his condolences, called Rabbi Yisroel Goldstein, who had been wounded, and consoled him for 15 minutes.
“Nevertheless,” wrote The Washington Post Monday in a front-page headline, “President’s words push race to fore of campaign.”
“The rise of white nationalist violence during Trump’s tenure is emerging as an issue,” said the Post, because Trump “previously played down the threat posed by white nationalism (and) … also has a long history of anti-Muslim remarks.”
The article should be taken seriously. For the Post is not only an enemy of Trump but a powerful institutional ally of the left. And during presidential campaigns, it doubles as an oppo research and attack arm of the Democratic Party.
“Violence, Hate Crimes Emerge as 2020 Issues” declared the inside headline on the Post story. The Post is not talking about customary crimes of violence in America or D.C. — robbery, rape, assault, battery, murder — a disproportionate share of which are committed by minorities of color.
The crimes that interest the Post are those committed by white males against minorities, which can be used to flesh out the picture of America that preexists in the mind of the left, if not in the real world.
Yet it does appear that issues of race, tribe and identity are becoming an obsession in our politics. This weekend, The New York Times faced charges of anti-Semitism for a cartoon of a blind Trump in a skullcap being led by a seeing-eye dog with the face of “Bibi” Netanyahu, who had a Star of David on his collar.
Recoiling under fire, the Times pulled the cartoon and apologized.
On Monday, Rev. Al Sharpton met with “Mayor Pete” Buttigieg. Subject of discussion: Reparations for slavery, which ended more than a century before the mayor was born.
“All is race,” wrote Disraeli in his novel “Tancred.” “There is no other truth.”
via ZeroHedge News http://bit.ly/2GL7xhB Tyler Durden
