New FOIA Documents Reveal FBI Scramble To Preserve CFIUS Records In Uranium One Scandal

Content originally published at iBankCoin.com

An internet researcher has uncovered what appears to be proof that the FBI was investigating the Uranium One deal back in 2015 – months after the Peter Schweizer book Clinton Cash exposed the scheme, along with an article in the New York Times which laid out allegations of criminal malfeasance by the Clintons, their charitable foundation, and several associates.

Twitter user Katica (@GOPPollAnalyst) – who notably discovered Hillary Clinton’s IT guy ‘Stonetear’ asking Reddit users how to strip Clinton’s name from archived emails – discovered several Preservation and Records requests sent by an FBI special agent to various agencies involved in the approval of the Uranium One deal on August 28th, 2015, as first published by The Conservative TreehouseKatica found the requests buried in an FBI file released via the Freedom of Information Act (FOIA).

Revealing Timeline

While the Clinton email investigation was launched in March of 2015 after it was revealed that Secretary of State Hillary Clinton used a personal server and non-approved email accounts to conduct government business, reports from August, 2015 revealed that the FBI investigation was actually a criminalprobe – though most assumed it was simply covering Clinton’s mishandling of classified information and not the content of her emails.

What Katica discovered is that weeks after the criminal probe began, the FBI sent notices to every agency involved in the Uranium One approval process to preserve records.

This is huge… 

The agencies which received the request included the Nuclear Regulatory Commission, the U.S. Dept. of Treasury, the Office of Director of National Intelligence (ODNI James Clapper), The National Counter Terrorism Center, and the U.S. Department of Energy (DOE).

Five days after the initial request, the same FBI agent sent another round of notifications to the same agencies, adding the National Security Agency (NSA) and the U.S. Secret Service (USSS).

The next day, September 3rd, 2015three more agencies were added to the preservation request: The CIA, the Defense Intelligence Agency (DIA) and the Department of Defense (DOD)

At this point, every single member of the Committee on Foreign Investment in the United States (CFIUS) which signed off on the Uranium One deal was served with a notice to preserve records. 

As The Conservative Treehouse notes:

It would be intellectually dishonest not to see the very likely attachment of the special agent’s action.  That is to say an FBI probe originating as an outcome of information retrieved in parallel to the timing of the “criminal probe” of Secretary of State Hillary Clinton’s email use.

The sequence of events highlights a criminal probe starting [early August 2015], followed by notifications to the “Uranium One” CFIUS participants [late August 2015].

If you consider the larger Clinton timeline; along with the FBI special agent requests from identified participants; and overlay the Nuclear Regulatory Commission as the leading entity surrounding the probe elements; and the fact that the CFIUS participants were the recipients of the retention requests;  well, it’s just too coincidental to think this is unrelated to the Uranium One deal and the more alarming implications.

FBI Mole 

Let’s not forget a bombshell report from The Hill two weeks ago which revealed that as early as 2009, the FBI – led by Robert Mueller at the time, had a mole in the Russian uranium industry, and that the agency had evidence that “Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow” – a deal which would grant the Kremlin control over 20 percent of America’s uranium supply. 

The mole was forced to sign an iron-clad non-disclosure agreement (NDA) which threatened criminal penalties for revealing information, even to Congress. After a request was made by Reps Ron DeSantis (R-FL) and Chuck Grassley (R-IA) calling for the Justice department to invalidate the NDA, the gag order was lifted, and the FBI informant was authorized to speak with congress.

BREAKING: DOJ authorizes FBI Informant to speak with Congress concerning alleged corruption involving Clintons & Uranium One. #MAGA #DTS

— Lou Dobbs (@LouDobbs) October 25, 2017

Tony Podesta and Uranium One

While one-time Trump campaign manager Paul Manafort turned himself in to the FBI a week ago on charges of money laundering, let’s not forget what a former Podesta Group executive interviewed by Special Counsel Robert Mueller told Tucker Carlson Tonightthe FBI probe is now focusing on people in Washington who have worked as de-facto operatives on behalf of Russian government and business. To that end, he had quite a bit to say about his former boss Tony and his relationship to the Uranium One deal.

  • In late 2013 or early 2014, Tony Podesta and a representative for the Clinton Foundation met to discuss how to help Uranium One – the Russian owned company that controls 20 percent of American Uranium Production – and whose board members gave over $100 million to the Clinton Foundation.
  • In 2013, John Podesta recommended that Tony hire David Adams, Hillary Clinton’s chief adviser at the State Department, giving them a “direct liaison” between the group’s Russian clients and Hillary Clinton’s State Department.
  • Tony Podesta was basically part of the Clinton Foundation.”

As far as the current state of the FBI investigation, “They are more focused on facilitators of Russian influence in this country than they are on election collusion,” Carlson’s source told Fox.

Tying it together – previous reports of Federal investigations into the Clinton Foundation: 

Katica’s FOIA discovery corroborates a New York Times report from November 1, 2016, which asserts that an FBI investigation was kicked off based on revelations of pay-for-play in the book “Clinton Cash” written by Peter Schweizer:

The investigation, based in New York, had not developed much evidence and was based mostly on information that had surfaced in news stories and the book “Clinton Cash,” according to several law enforcement officials briefed on the case.

The book asserted that foreign entities gave money to former President Bill Clinton and the Clinton Foundation, and in return received favors from the State Department when Mrs. Clinton was secretary of state. Mrs. Clinton has adamantly denied those claims. -NYT

The Wall St. Journal also reported last October that five FBI field offices were investigating the Clinton Foundation; New York, Los Angeles, Washington, Little Rock and  Miami, and “were collecting information about the Clinton Foundation to see if there was evidence of financial crimes or influence-peddling, according to people familiar with the matter.”

The FBI field office in New York had done the most work on the Clinton Foundation case and received help from the FBI field office in Little Rock, the people familiar with the matter said. –WSJ

And in November, as tweeted by Wikileaks and reported on by the Dallas Observerthe Clinton Foundation has been under investigation by the IRS since July of 2016, after 64 GOP members of Congress received letters urging them to push for an investigation. The investigation has been notably held at the Dallas IRS office – far away from Washington.

The Earle Cabell Federal Building in downtown Dallas is an all purpose office complex, a bastion of federal bureaucracy located at 1100 Commerce St. Most people come for a passport or to get business done in front of a federal judge. But inside, a quiet review is underway that has direct ties to the raging presidential election: The local branch of the IRS’ Tax Exempt and Government Entities Division is reviewing the tax status of the Bill, Hillary and Chelsea Clinton Foundation.

So – while the FBI investigation into Hillary Clinton was sold as a simple matter of mishandling of classified material, we now have proof that the FBI set their sights on the Uranium One scandal weeks after they began looking into Hillary Clinton’s emails. We also know that five FBI field offices and the IRS have been investigating the Clinton Foundation on accusations of pay-to-play and other criminal acts. 

Bets on who’s indicted next?

Flashback to October 27, 2016

Wallace Says HARD NEW PROOF Hillary Clinton Foundation/Bill & State Colluded 4PAY4PLAYS via Doug Band #PodestaEmails20 ‘s #Thursdaythoughts pic.twitter.com/CxOpiKtW3w

— ????STOCK MONSTER???? (@StockMonsterUSA) October 27, 2016

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Prius (D)riving NY Legislator Fakes PTSD Panic Attack To Get Out Of Minor Speeding Ticket (VIDEO)

Content originally published at iBankCoin.com

Ulster County, N.Y. legislator Jennifer Schwartz Berky (D) – who is up for reelection Nov. 7, put on quite an act for a local police officer Gary Short after she was pulled her over for driving 43 mph in a 30 mph zone while talking on her cell phone.

A 26-minute video of the May 2017 incident was released last Tuesday during an Ulster Town Board meeting, and features a meltdown of epic proportions.

After Berky failed to impress officer Short by casually mentioning “I work for the county government, I’m a county legislator,” she immediately shifted into the victim role and proceeded to have histrionic tantrum. “Please don’t give me a ticket, I’m broke,” Berky cried, adding “I’m completely broke, and if you tell people, it’s going to hurt me. I’m totally broke. I made $20,000 last year. Please don’t give me a ticket.”

Officer Short – a consummate professional throughout the encounter, returns to his squad car to run Berky’s information, when Berky gets out of her car and fakes a panic attack, while on the phone, claiming PTSD.

WOW: NY (D) Legislator Jennifer Schwartz #Berky fakes PTSD panic attack to try and get out of minor speeding ticket. Up 4 Election in 2 wks???? pic.twitter.com/6gIM91hmA7

— ZeroPointNow (@ZeroPointNow) October 28, 2017

Hope she doesnt have veterans in her district https://t.co/1JItRTfYWi

— Jack Posobiec ???????? (@JackPosobiec) October 28, 2017

Notice how fast she calmed down and didn’t need a paper bag when he said you’re being recorded on two different devices. ????????????

— JC ???????? (@passion_4truth) October 29, 2017

Full video here:

  

Berky has learned from this and is ready to move on!

In response to the viral video, Berky issued an apology (the comments section is hilarious):

“The video released earlier this week of my Town of Ulster traffic stop captured a tough moment for me,” stated Berky. “Like so many working families, I too face tough times and stressful situations.  As a professional, a public servant and a mother, I know my interaction with Police Officer Gary Short was unacceptable. I want to apologize to Officer Short and thank him for his patience and professionalism with me during a very difficult time. This has been a humbling experience for me. I hope to use it to grow and learn how to better represent the diverse working families who reside in the great the city of Kingston.”

If you’re an Ulster resident and would like to check out Berky’s platform – here ya go. I don’t think it’s going over so well.

  

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Flashback: Barbara Walters Shames Pedo Victim Corey Feldman On National TV For ‘Damaging An Entire Industry’

Content originally published at iBankCoin.com

Six years ago, former child star Corey Feldman admitted that he and fellow child actor Corey Haim, who died from a 2010 overdose, were sexually molested by adult males throughout Hollywood during their time in the limelight. Haim is said to have received far more brutal abuse – having been raped at age 11 by a producer, while Feldman was groomed and abused by a man employed by his father at the age of 15.

In a 2011 interview with ABC, Feldman said Pedophilia was the Number 1 problem for child stars, saying “I was surrounded by [pedophiles] when I was 14 years old. … Didn’t even know it. It wasn’t until I was old enough to realize what they were and what they wanted … till I went, Oh, my God. They were everywhere.

And in a 2016 interview – days after actor Elijah Wood gave an interview in which he said “Hollywood has a Pedophilia Problem,” Feldman revealed that he was ‘molested and passed around by men in the industry. The former child actor has refused to name his abusers, citing legal reasons.

Feldman has also written about Corey Haim’s time with Hollywood child-actor manager Martin Weiss, an agent primarily for children who appeared on Nickelodeon and the Disney Channel – who enjoyed sleepovers and road trips with his clients. Weiss was arrested in 2011 and plead no contest to eight felony counts of molesting young actors – sentenced to a year in jail but released for time served.

Weiss raped a child actor 30 to 40 times until the age of 15, according to the police report. In an affidavit obtained by the Los Angeles Times, the victim told police that Weiss said what they were doing was ‘common practice in the entertainment industry.’

Weiss was caught when the 15 year old victim went to his apartment in November of 2011 and recorded a conversation in which Weiss admitted to the abuse.

Barbara’s Genuine Outrage – at Feldman…

In a 2013 interview on The View, Feldman told hosts Barbara Walters, Sherri Shepherd, Jenny McCarthy and Nick Offerman that “some of the richest, most powerful people” in Hollywood were pedophiles still operating in the industry:

Corey Feldman: There are people that were the people that did this to both me and Corey that are still working, they’re still out there, and they’re some of the richest, most powerful people in this business – and they do not want me saying what I’m saying right now.

Barbara Walters: Are you saying that they’re pedophiles?

Corey Feldman: Yes

Barbara Walters: And that they’re still in this business?

Corey Feldman: Yes

After telling host Sherri Shepherd that child acting is a “many feathered bird – be careful what you wish for. Don’t go into it with naievity,” Barbara Walters exclaimed “You’re damaging an entire industry!

Walters’ comment echoed her defense of Woody Allen days after his adopted daughter Dylan Farrow wrote an open letter to the New York Times, accusing Allen of sexually abusing her as a 7 year old child. Walters suggested Farrow had waited to come public to hurt Allen’s chances of winning an Oscar that year, adding “the fact that he likes younger women (in reference to Allen’s marriage to the adopted daughter of ex-wife Mia Farrow), that has nothing to do with.”

And when it came to Corey Feldman, Barbara Walters shamed a man on national TV who had the courage to stand up and tell the world about the sexual abuse he suffered at the hands of Hollywood pedophiles – seemingly more concerned about her industry than a victim of its most vile and degenerate predators. The “richest, most powerful people” in the business.

Watch below:

Flashback: Barbara Walters shames pedo victim Corey Feldman on national TV for “damaging an entire industry” #HollywoodSwamp pic.twitter.com/cdBf3XdQ95

— ZeroPointNow (@ZeroPointNow) October 14, 2017

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CNN Loses Its Mind – Claims Russia Used ‘Pokémon Go’ To Influence Election With Liberal Activism

Content originally published at iBankCoin.com

This has got to be some sort of mass social experiment to determine how stupid people are.

CNN is reporting that Russian propagandists used the popular Pokémon Go game, in which players go on a real-world scavenger hunt to find and “train” Pokémon characters, to stoke racial tension by sending players to areas in which police brutality had taken place. Players were then encouraged to name their Pokémon after black victims, such as Eric Garner” who died after a NYPD officer put him in a chokehold.

To be clear, CNN is claiming that Russia tricked people into taking up a traditionally liberal cause, in alignment with Black Lives Matter (BLM), to divide America through racial tension and somehow drive voters into Donald Trump’s arms. The other logical conclusion, of course, is that said propaganda would have encouraged left-wing political activism – bringing sympathetic social justice warriors to the polls – ostensibly voting for Hillary Clinton.

CNN reports:

The campaign, titled “Don’t Shoot Us,” offers new insights into how Russian agents created a broad online ecosystem where divisive political messages were reinforced across multiple platforms, amplifying a campaign that appears to have been run from one source — the shadowy, Kremlin-linked troll farm known as the Internet Research Agency

A source familiar with the matter confirmed to CNN that the Don’t Shoot Us Facebook page was one of the 470 accounts taken down after the company determined they were linked to the IRA. CNN has separately established the links between the Facebook page and the other Don’t Shoot Us accounts.

The Don’t Shoot Us campaign — the title of which may have referenced the “Hands Up, Don’t Shoot” slogan that became popular in the wake of the shooting of Michael Brown — used these platforms to highlight incidents of alleged police brutality, with what may have been the dual goal of galvanizing African Americans to protest and encouraging other Americans to view black activism as a rising threat.

The evidence…

CNN reports that the “Don’t Shoot Us” campaign Facebook page was linked to one of 470 Facebook accounts deemed to be linked to a Russian propaganda effort. The campaign’s YouTube videos lead people to donotshoot.us, which links to a Tumbler account. In July 2016, the Tumbler account announced the Pokémon Go contest to go find areas with reported police brutality

Their evidence that “Don’t Shoot Us” is Russian? A guy named Daniel Reed, who described himself as the “Chief Editor” of DoNotShoot.us, emailed interview answers for an article to student-journalist Arpita Mitra of the website IPF (International Press Foundation) in a Word document, which Mitra forwarded to CNN. Upon analyzing the document’s metadata, CNN claims the Russian word “????????” (“name”) was found in the document’s properties. 

From that, CNN says two cybersecurity experts who reviewed the document said it was likely created on a computer or program running Russian as its primary language.

Not quite a smoking gun – but CNN has decided to run with it. 

The motive…

CNN can’t really figure out why the Russians would take up primarily liberal social justice causes, writing “It’s unclear what the people behind the contest hoped to accomplish, though it may have been to remind people living near places where these incidents had taken place of what had happened and to upset or anger them.”

Who participated?

Nobody, apparently.

CNN has not found any evidence that any Pokémon Go users attempted to enter the contest, or whether any of the Amazon Gift Cards that were promised were ever awarded — or, indeed, whether the people who designed the contest ever had any intention of awarding the prizes.

There you have it – Russians influenced US politics by taking up liberal social justice activism in alignment with Black Lives Matter, their endgame being to stoke racial tensions and somehow, some way, influence the election in favor of Donald Trump.

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Virtue Signaling Ben Affleck ‘Saddened and Angry’ About Weinstein, Immediately Called Out For Molesting Two Actresses

Content originally published at iBankCoin.com

After actor Matt Damon had to answer for pressuring a New York Times reporter to drop a negative story on disgraced Hollywood Mogul Harvey Weinstein, his good buddy Ben ‘get them titties out‘ Affleck was called out by two actresses who claim the actor sexually molested them, while a third says he was well aware of Weinstein’s predatory behavior.

After Affleck’s virtue signaling statement that he was “saddened and angry” at Weinstein’s behavior (without actually naming him), actress Rose McGowan – featured in the bombshell NYT report on Weinstein’s inappropriate behavior – called BS on his statement…

pic.twitter.com/f5AgemRXds

— Ben Affleck (@BenAffleck) October 10, 2017

Oh really Ben? You didn’t really “do” much to make sure it didn’t happen to Rose (again)…

@benaffleck “GODDAMNIT! I TOLD HIM TO STOP DOING THAT” you said that to my face. The press conf I was made to go to after assault. You lie.

— rose mcgowan (@rosemcgowan) October 10, 2017

And on Wednesday, actress Hilarie Burton responded to a tweet that Affleck had grabbed her breasts during an appearance on MTV’s “TRL” (Total Request Live):

For which Affleck apologized:

I acted inappropriately toward Ms. Burton and I sincerely apologize

— Ben Affleck (@BenAffleck) October 11, 2017

Only to be accused hours later of molesting another Hollywood actress, Annamarie Tendler, at a 2014 Golden Globes party.

I wonder if Ben is “saddened and angry” that he just got called out?

Holy flop, Batman!

Grope Allegation Against Batman Ben Affleck Creates PR Nightmare for ‘Justice League’ https://t.co/CsGMw7NNEl

— Google “CNN,175,Sue” (@NolteNC) October 11, 2017

Ben Affleck must step down as Batman

— Jack Posobiec ???????? (@JackPosobiec) October 11, 2017

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Matt Damon And Russell Crowe Fingered For Pressuring Journalist To Kill Weinstein Sex Story

Content originally published at iBankCoin.com

Actor Matt Damon was dissed on Twitter Monday evening following viral claims that he and Russell Crowe pressured a New York Times journalist into dropping a negative story on Harvey Weinstein in 2004.

On Sunday, journalist and founder of The Wrap, Sharon Waxman, penned an op-ed detailing how Damon and Crowe called her “directly” to pressure  her into dropping a story about Miramax Italy’s head Fabrizio Lombardo handling “Weinstein’s women needs.”

The next day, actress Rose McGowan – who was featured in a bombshell NYT Exposé detailing Harvey Weinstein’s sexual abuse of young actresses, retweeted the story after it was picked up by vulture.com – asking “Do u realise [sic] how deep the cover ups go?”

Vulture.com reports:

Sharon Waxman, founder of the Wrap, writes that her own investigate reporting, which took her on an international trip to uncover rumors of Weinstein’s sexual misconduct, was cut from the Times in 2004 under pressure from several Hollywood elites. Waxman alleges in the Wrap that Matt Damon and Russell Crowe called her “directly” to dispel the reports she was following about Miramax’s Italian head Fabrizio Lombardo, who was allegedly hired “to take care of Weinstein’s women needs.”

In response to Waxman’s op-ed, the New York Times claims her story “did not have anything near what was revealed in our story,” adding “Mainly, she had an off-the-record account from one woman.”

McGowan then tweeted “Hey @mattdamon what’s it like to be a spineless profiteer who stays silent?”

Hey @mattdamon what’s it like to be a spineless profiteer who stays silent? pic.twitter.com/rp0OrRrpqJ

— rose mcgowan (@rosemcgowan) October 9, 2017

And now, Angelina Jolie and Gwenyth Paltrow have come forward with allegations against Weinstein

People reports:

Gwyneth Paltrow and Angelina Jolie are the latest stars to accuse Harvey Weinstein of sexual harassment, adding their accounts to the dozens of women who have described their alleged experiences with the movie mogul.

In a new New York Times report, Paltrow says Weinstein sexually harassed her in a hotel room after the movie mogul hired her for the lead role in Emma when she was 22. The encounter allegedly ended with Weinstein placing his hands on her and suggesting a massage.

Angelina Jolie said she also had a “bad experience” with Weinstein in a hotel room during the release of Playing by Heart in the late ’90s. The Oscar winner claimed Weinstein made unwanted advances to the NYT.

“I had a bad experience with Harvey Weinstein in my youth, and as a result, chose never to work with him again and warn others when they did,” Jolie said in an email to the NYT. “This behavior towards women in any field, any country is unacceptable.”

Harvey’s Swan Song

As a result of the NYT piece last week, Weinstein was fired from his company – but not before he would send an embarrassing email to fellow hollywood bigwigs asking for their immediate support. Weinstein writes:

My board is thinking of firing me. All I’m asking, is let me take a leave of absence and get into heavy therapy and counseling. Whether it be in a facility or somewhere else, allow me to resurrect myself with a second chance. A lot of the allegations are false as you know but given therapy and counseling as other people have done, I think I’d be able to get there. 

I could really use your support or just your honesty if you can’t support me. 

But if you can, I need you to send a letter to my private gmail address. The letter would only go to the board and no one else. We believe what the board is trying to do is not only wrong but might be illegal and would destroy the company. If you could write this letter backing me, getting me the help and time away I need, and also stating your opposition to the board firing me, it would help me a lot. I am desperate for your help. Just give me the time to have therapy. Do not let me be fired. If the industry supports me, that is all I need. 

With all due respect, I need the letter today.

One wonders who wrote letters for Harvey?

The mogul does have his defenders, after all. Fashion Designer Donna Karen, who loves the pizza in Haiti – which is not known for its pizza, suggested to the Daily Mail that Weinstein’s alleged victims may have been ‘asking for it’ in a rambling interview.

Director Kevin Smith, on the other hand, is ashamed to have made money with Weinstein:

He financed the first 14 years of my career – and now I know while I was profiting, others were in terrible pain. It makes me feel ashamed. https://t.co/T0hInW7EqJ

— KevinSmith (@ThatKevinSmith) October 9, 2017

A 4chan post from 10 months ago suggests “The Fappening” leak of celebrity nudes all came from Weinstein’s iPhone:

How many Hollywood celebrities and executives – particularly those who feigned outrage at Donald Trump’s ‘pussy grabbing’ comment, have remained silent as countless humans beings were trafficked into Harvey Weinstein’s lair to satisfy his urges?

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UN Says Blacks In America Deserve Reparations, Ignores Entire History Of Slavery

Content originally published at iBankCoin.com

A recent report published by a U.N. commissioned organization concludes that America’s history of slavery justifies reparations for African Americans. The submission by the Working Group of Experts on People of African Descent’ – which one might assume would study all ‘People of African Descent’ around the world, notably fails to opine on other nations which have engaged in the practice – considering that less than 10% of African slaves were brought to North America. Also absent from the report is the fact that arabs operated the slave trade for over 1300 years – a practice which continues to this day, primarily in India, China, Pakistan, Bangladesh and Gulf states such as Saudi Arabia.

The group presented its findings on Monday, pointing to what they say is a “continuing link between present injustices and the dark chapters of American history.

“In particular, the legacy of colonial history, enslavement, racial subordination and segregation, racial terrorism and racial inequality in the United States remains a serious challenge, as there has been no real commitment to reparations and to truth and reconciliation for people of African descent,” the report stated. “Contemporary police killings and the trauma that they create are reminiscent of the past racial terror of lynching.”

The report cites last year’s spate of blacks killed by police officers around the United States, which the panel says has created a “human rights crisis” that “must be addressed as a matter of urgency.”

“Despite substantial changes since the end of the enforcement of Jim Crow and the fight for civil rights, ideology ensuring the domination of one group over another, continues to negatively impact the civil, political, economic, social and cultural rights of African Americans today,” it said in a statement. “The dangerous ideology of white supremacy inhibits social cohesion amongst the US population.”

Mireille Fanon-Mendes-France, chairwoman of a United Nations working group for people of African descent, reads findings about institutionalized racism after an official visit to the U.S. (Youtube/UN Human Rights)

What about the rest of the story?

Conspicuously absent from the U.N. report is the fact that the slavery in the United States was facilitated by 1300 years of Arab slave trade. According to Wikipedia:

Some historians assert that as many as 17 million people were sold into slavery on the coast of the Indian Ocean, the Middle East, and North Africa, and approximately 5 million African slaves were bought by Muslim slave traders and taken from Africa across the Red SeaIndian Ocean, and Sahara desert between 1500 and 1900.[5]  

The captives were sold throughout the Middle East. This trade accelerated as superior ships led to more trade and greater demand for labour on plantations in the region. Eventually, tens of thousands of captives were being taken every year.[4][6][7]

Will this report pave the way for universal basic income for low income blacks in America?

Ignoring modern slave trade

Meanwhile, the U.N. has been quiet on the topic of countries which haven’t cracked down on the slave trade, including UN Human Rights Council member Saudi Arabia. There are an estimated 21 – 46 million slaves around the world today, with India dominating the top of the list.

source: https://www.globalslaveryindex.org/findings/

 

Perhaps we can look forward to a followup report from the U.N. on reparations owed by the other 90% of the world which participated in the slave trade, as well as their thoughts on what’s owed to the 48 million modern slaves worldwide.

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United States And Russia To Build NASA-Led Space Station

Content originally published at iBankCoin.com

The liberal science community has a moral dilemma on its hands following today’s announcement that the United States is partnering with Russia on a NASA-led project to build an orbiting lunar station.

On one hand, the international base for lunar exploration will serve as a “gateway to deep space and the lunar surface,” according to NASA.

On the other hand, Russia is involved – which means they’ll undoubtedly slit our throats in space, populate the surface of the moon, build a moon cannon (having read a U.S. astronaut’s Heinlein collection), and fire silicon, magnesium, and aluminum-rich moon rocks at the United States. Once we are obliterated, Russia will invade the country and enslave all surviving Americans in moon-rock crushing factories.

Pretending not to be evil, Igor Komarov – Roscosmos’s general director, stated that Russia, the United States and other participants agreed it was important to work using unified standards to avoid future problems in space, citing Sandra Bullock’s movie “Gravity” in the process.

“Roscosmos and NASA have already agreed on standards for a docking unit of the future station,” the Russian space agency said.

AFP reports:

“Taking into account the country’s extensive experience in developing docking units, the station’s future elements — as well as standards for life-support systems — will be created using Russian designs.”

NASA said it planned to expand human presence into the solar system using its new deep space exploration transportation systems, the Space Launch System rocket and Orion spacecraft.

– ‘Better to fly together’ –

Russia and the United States also discussed using Moscow’s Proton-M and Angara rockets as well as other spacecraft to help create the infrastructure of the lunar spaceport, the Russian statement said, adding that the main works were slated to begin in the mid-2020s.

“The station will be a serious platform for future research,” said Komarov – concealing his seething Red ambition, though boasting “That is a rather significant contribution.”

Igor Lisov, editor at Space News, told AFP of Russia’s potential contribution: “We are offering carriers for flights to a lunar orbiting station, we are offering our docking units or their components,” he said, adding Russia had vast experience in creating life-support systems.

Unfortunately, this will be our doom…

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Amid Growing Risks And Diminishing Returns From Algos, Former Blackrock Elite Take On Mindless Robots

As ZeroHedge readers are keenly aware, 2008 kicked off the largest financial engineering experiment in history – namely, the beginning of 12.3 Trillion in QE and the lowest interest rates in 5,000 years. The plan, hatched by Bush-era Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson, created a ‘Fed Put’ underneath the markets first made popular by Alan Greenspan – an implicit guarantee that no matter how bad things got, the Fed would actively combat financial disaster.

As a result, markets experienced an unprecedented rally of nearly 400 percent since the March, 2009 lows – corresponding with a renaissance in computerized trading thanks to lightning fast Silicon Valley innovations.

Rise of the machines

As markets worked their way out of the giant financial crater created by the credit crisis, erratic surges in volatility and historically low interest rates created the perfect conditions for asset managers of all sizes to employ sophisticated trading algorithms to try and beat the market while dispensing with costly human employees. Between Wall St. firms and the various technologies adopted by exchanges around the world, countless billions have been spent on raw processing power, low-latency long-distance trading networks, and an army of programmers.

In March, Blackrock’s Larry Fink boldly stated that the era of the “star stock picker” is coming to an end amidst a firm-wide shift by the world’s largest money manager towards automated strategies.

JP Morgan estimates that up to 90 percent of all daily volume across all exchanges is computer driven, or systematic trading – with just over half of the volume attributed to risky High Frequency Trading (HFT) algorithms. This massive shift from active-investing (humans) to passive-investing (algos) effectively means that Trillions of dollars are sloshing around the exchanges, traded almost exclusively by automated systems.

Perhaps most troubling about the shift to algos is the fact that Wall St’s mindless robots have never had to participate in a rate hike cycle, the unwinding of central bank balance sheets, or a secular bear market. Couple that with that fact that many systematic trading schemes use massive amounts of leverage, and it’s clear that we are entering into uncharted territory as market conditions change.

Choking on bytes

When the Fed began printing money in December of 2008, the erratic volatility which accompanied the QE experiment ushered in a period of underperformance by active money managers who couldn’t compete with hyper short-term, passive trading algorithms.

Unfortunately for algos – which hit their stride during ‘easy money’ market conditions, the future may not be so bright. In addition to creating volatility, sparking flash crashes (they need liquidity like an engine needs oil), and frontrunning orders, automated trading systems have been suffering from diminished returns amid an investment landscape now comprised almost entirely of robots.

In August, the Fed’s Janet Yellen warnedof the “larger presence of algorithmic traders in markets,” voicing concerns over liquidity during stressful conditions. In short, the industry-wide ‘rise of the machines’ has ushered in new types of systemic risk while diluting the performance of once-dominant strategies.

“…algorithmic traders and institutional investors are a larger presence in various markets than previously, and the willingness of these institutions to support liquidity in stressful conditions is uncertain.” Janet Yellen

And as the Financial Times reported last year, algos have huge blind spots when it comes to market disruptions, noting that while “any large market moves in one direction for a period of time the trend following computer will be able to profit,” algos are entirely unable to respond to irrational events they weren’t programmed to deal with.

Their conclusion was logical:

Until computer traders can develop genuine artificial intelligence they will remain unable to gain an edge over the best human investors in spotting a catastrophic disruptive threat to an industry, or a revolutionary emerging technology.

Raw processing power may have its uses in financial markets, but until scientists develop a truly intelligent investing system, rather than a trend follower, the truly skilled human fund manager has no reason to fear.

Enter Blackrock’s Elite Alumni


Like John Connor leading the resistance against a mindless army of terminators, three former Blackrock money managers, Chris Coolidge, Edward Dowd, Rich Mowrer and industry marketing veteran James McCaffrey have teamed up to outmaneuver Fink’s SkyNet and the rest of the Wall St. robots. Their firm, OceanSquare Asset ManagementLLC (www.oceansquare.com) was formed to take advantage of what they believe to be the coming shift back to active, fundamental investing in both fixed income and equity after a decade of synthetic, Fed-sponsored growth.

Based out of Wayne, PA, these guys are no joke – having managed tens of Billions for Blackrock with 54 years of combined experience, the team has navigated multiple market cycles – something Wall St. algorithms have never done.

The investment world is in the crosshairs between man and machine. From algorithms to computer-driven portfolio management, the automation against our clients is underway and it’s our responsibility to deliver to them the active solutions they deserve.” –Chris Coolidge, President & CIO of Fixed Income

In short, the days of easy money are over. With markets at all time highs, thanks in large part to algorithmic ping-pong, the principals of OceanSquare are gearing up for the return to fundamentals-driven, high-conviction stock and bond selection – which means humans analyzing companies run by other humans, who are making long-term business decisions to adapt to economic conditions and purchasing decisions of – you guessed it, humans.

OceanSquare is also unique in that the fixed income and equity PMs will collaborate on their products and will all jointly run a Global Multi Asset Absolute Return product that will be a concentrated ‘best ideas’ portfolio with a benchmark-agnostic approach.

Edward Dowd, OceanSquare’s CIO of Equities and former manager of BlackRock’s $14 billion Capital Appreciation fund, feels confident going head to head against the robot army:

OceanSquare intends to outwit the computers through portfolio concentration and long holding periods,” Dowd said, adding “While the computers have the edge in short term trading, it is OceanSquare’s belief that fundamentals eventually align with price over a time horizon greater than a year. Larger global asset managers will be challenged to effectively offer concentrated portfolios due to their size and focus on short term performance measurements. Additionally, it would require them to shrink as well, which is never fun for investment staff or their investors.”

With the army of Wall St. terminators already suffering from fatigue, OceanSquare Asset Management and its team of star stock pickers may be the John Connor that active clients need to guide them into the future.

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Report: Tesla And AMD Developing Custom AI Chip For Self-Driving Technology

Content originally published at iBankCoin.com


Shares of AMD ($AMD) spiked over 6 percent in after hours trade following a CNBC report that carmaker Tesla has teamed up with the chip maker develop a custom A.I. processor for self-driving technology.

The carmaker has received the first batch of samples from the chipmaker, a source told CNBC.

The new relationship with AMD likely signals a shift away from Nvidia, which is currently providing a small processing chip for Tesla’s current version of their self-driving system.

Via CNBC:

Current Tesla vehicles use Nvidia graphics processing units as part of the Autopilot self-driving hardware. Previously Tesla used chips from Mobileye, but the two companies parted ways last year after an accident involving a Mobileye-powered Tesla. Earlier this year Intel acquired Mobileye for more than $15 billion.

Notably Tesla is not working with Intel, which has enjoyed a long working relationship with Alphabet’s Waymo car group.

Shares of Nvidia ($NVDA) dropped after hours;

CNBC also reports that “Alphabet has already built two generations of an AI chip that can work as a GPU alternativeMicrosoft is working on its own AI chip for the HoloLens. And Apple has incorporated an AI chip into its top-of-the-line iPhone X.”

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