Friday, June 10, 2016

The Peanut Gallery


1. The United Methodist Church has rejected several resolutions calling for the 12-million-member Protestant church to divest from companies engaging in business with Israel over its treatment of Palestinians. Church committees over the weekend voted down four Israel Boycott, Divestment, and Sanctions resolutions brought to a vote at the church’s quadrennial United Methodist Church General Conference in Portland, Oregon, taking place this week. The resolutions “pretty much went down in flames,” UMC delegate and BDS opponent John Lomperis told Religion News Service on Sunday. COMMENT: This BDS crowd appear to be an uncontrolled rabble of fringe group anti-semites who, quite frankly are almost obsolete....waiting in the corridors for a Bernie Sanders type hypocrite to appear.

2.Bloomberg: Under the economic plan known as Vision 2030 promoted by the king’s powerful son, Deputy Crown Prince Mohammed bin Salman of Saudi Arabia, the government is signaling it wants to wean the kingdom’s economy off oil revenue, lessening the need to manage prices. Moreover, the planned privatization of Saudi Arabian Oil Co. will make the nation the only member of the Organization of Petroleum Exporting Countries without full ownership of its national oil company. COMMENT: Goodbye OPEC.

3. Travel planning site Hipmunk reported that it has seen first-quarter bookings for Trump Hotels decline 59.3 percent year over year, while overall bookings through the site have generally risen during the same period.Which Trump hotels are suffering?
Percent change in bookings between the first quarter of 2016 and 2015.

Trump Soho New York-74%
Trump International Hotel Las Vegas -71%
Trump International Hotel & Tower Toronto -47%
Trump International Hotel & Tower Chicago -31%
The Trump Taj Mahal (Atlantic City) -17%
Trump International Hotel Waikiki Beach Walk  +4%

COMMENT: Looks like Trump supporters cannot afford Trump prices.

4.(CNN)The leader of a Pakistani Islamic council has proposed a bill that allows husbands to "lightly beat" their wives as a form of discipline.In the 75-page proposal, Mohammad Khan Sheerani suggests a light beating is acceptable should the need arise to punish a woman. The proposal bans forceful beating, saying only a small stick is necessary to instill fear. COMMENT: What say you folks? Is this guy making Pakistan great again?

5.One of Bernie Sanders biggest mistakes....standing up for the rights of Israel's enemies and accusing the the IDF of " murdering innocent Palestinians" while exaggerating the numbers of these so called innocents. The Jews of New York let him have it with both barrels and now the Jewish communities of New Jersey and California rocketed him with a cruise missile. Feel the Bern Bernie? I do.....I'm loving every second of it....Burn baby burn! Pass the popcorn please.

6.What a difference a decade makes! The terrorist attack at the Sarona Market in Tel Aviv' was reported by CNN as an attack by terrorists who murdered and wounded innocent Israelis. No longer "gunmen" or "Palestinian gunmen shot dead x amount of Israeli's" or "Palestinian fighters, guns blazing stormed an Israeli market place. There are casualties on both sides". COMMENT: Its taken a while and the odd terrorist attack by Muslim terrorists in Europe and the US for reality to sink in. Better late than never.

7.Central Banks continue to manipulate markets by purchasing equities, buying and selling futures, supporting oil prices amongst other things. Mark my words folks...this will end badly, its only when and not if. Its time to be really cautious. Preservation of capital is more important than profits. Stay safe.

Politics is the gentle art of getting votes from the poor and
campaign funds from the rich, by promising to protect

each from the other - Oscar Ameringer

A politician is a fellow who will lay
down your life for his country - Tex Guinan

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