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CGTS THURSDAY: RELEASING THE FISA MEMO -- DOES THIS MEAN THE "PALACE COUP" HAS FAILED?

|Includes: IMAX Corporation (IMAX), LB, MYL, OCUL

31 JANUARY 2017

SO the FISA MEMO is going to be released on Friday?  Is that true?  And what does this mean?  Does it mean the Place Coup has failed?

From what I've read the FISA MEMO will document a very involved elite core of Deep State officials who hatched an "Insurance Policy" in case Donald Trump was elected -- this meant "fake spy dossiers" showing Trump was working for the Russians, which would be followed inevitably by 1) Donald Trump's loss of the election to Hillary Clinton as an outraged American voting public opted overwhelming for the loyal candidate; or 2) an outcry with public demonstrations sweeping the country to prevent Trump from being inaugurated; or 3) an impeachment vote in the Congress when the Congress realized that Trump and the Russians had conspired together to elect a treasonous president.  (Those of us who are old enough, remember that Ronald Reagan was 666, and the American Hitler also.)

The DEEP STATE overthrows government for a living, and has been doing this for hundreds of years.  Apparently the MEMO will show an elaborate conspiracy involving the head of the Democrats (Obama, Clinton, too) and an inner sanctum coterie of FBI, NSA, and CIA members) whose goal was to pervert American democracy -- because, quite obviously, we American voters had to be saved from our own ignorance.  How could they justify this?  Well, Trump was the new Hitler.  Could they not go to any lengths to defeat the new American Hitler/

Madness.  Heads must roll.  Arrests and trials and the end of the Mueller Witch Hunt.  And the retreat of the Democratic Party into REAL soul-searching and new leadership and a new focus.

Here is David Stockman's take on this, written several months ago.

THE RUSSIAGATE WITCH-HUNT: STOCKMAN NAMES NAMES IN THE DEEP STATE'S "INSURANCE POLICY"

Dec 18, 2017 11:05 PM

Authored by David Stockman via Contra Corner blog,

There was a sinister plot to meddle in the 2016 election, after all. But it was not orchestrated from the Kremlin; it was an entirely homegrown affair conducted from the inner sanctums---the White House, DOJ, the Hoover Building and Langley----of the Imperial City.

Likewise, the perpetrators didn't speak Russian or write in the Cyrillic script. In fact, they were lifetime beltway insiders occupying the highest positions of power in the US government.

Here are the names and rank of the principal conspirators: John Brennan, CIA director; Susan Rice, National Security Advisor; Samantha Power, UN Ambassador; James Clapper, Director of National Intelligence; James Comey, FBI director; Andrew McCabe, Deputy FBI director; Sally Yates, deputy Attorney General, Bruce Ohr, associate deputy AG; Peter Strzok, deputy assistant director of FBI counterintelligence; Lisa Page, FBI lawyer; and countless other lessor and greater poobahs of Washington power, including President Obama himself.

To a person, the participants in this illicit cabal shared the core trait that made Obama such a blight on the nation's well-being. To wit, he never held an honest job outside the halls of government in his entire adult life; and as a careerist agent of the state and practitioner of its purported goods works, he exuded a sanctimonious disdain for everyday citizens who make their living along the capitalist highways and by-ways of America.

The above cast of election-meddlers, of course, comes from the same mold. If Wikipedia is roughly correct, just these 10 named perpetrators have punched in about 300 years of post-graduate employment---and 260 of those years (87%) were on government payrolls or government contractor jobs.

As to whether they shared Obama's political class arrogance, Peter Strzok left nothing to the imagination in his now celebrated texts to his gal-pal, Lisa Page:

"Just went to a southern Virginia Walmart. I could SMELL the Trump support......I LOATHE congress....And F Trump."

You really didn't need the ALL CAPS to get the gist.

In a word, the anti-Trump cabal is comprised of creatures of the state.

Their now obvious effort to alter the outcome of the 2016 election was nothing less than the Imperial City's immune system attacking an alien threat, which embodied the very opposite trait: That is, the Donald had never spent one moment on the state's payroll, had been elected to no government office and displayed a spirited contempt for the groupthink and verities of officialdom in the Imperial City.

But it is the vehemence and flagrant transparency of this conspiracy to prevent Trump's ascension to the Oval Office that reveals the profound threat to capitalism and democracy posed by the Deep State and its prosperous elites and fellow travelers domiciled in the Imperial City.

That is to say, Donald Trump was no kind of anti-statist and only a skin-deep populist, at best. His signature anti-immigrant meme was apparently discovered by accident when in the early days of the campaign he went off on Mexican thugs, rapists and murderers----only to find that it resonated strongly among a certain element of the GOP grass roots.

But a harsh line on immigrants, refugees and Muslims would not have incited the Deep State into an attempted coup d'état; it wouldn't have mobilized so overtly against Ted Cruz, for example, whose positions on the ballyhooed terrorist/immigrant threat were not much different.

No, what sent the Imperial City establishment into a fit of apoplexy was exactly two things that struck at the core of its raison d' etre.

First was Trump's stated intentions to seek rapprochement with Putin's Russia and his sensible embrace of a non-interventionist "America First" view of Washington's role in the world. And secondly, and even more importantly, was his very persona.

That is to say, the role of today's president is to function as the suave, reliable maître d' of the Imperial City and the lead spokesman for Washington's purported good works at home and abroad. And for that role the slovenly, loud-mouthed, narcissistic, bombastic, ill-informed and crudely-mannered Donald Trump was utterly unqualified.

Stated differently, welfare statism and warfare statism is the secular religion of the Imperial City and its collaborators in the mainstream media; and the Oval Office is the bully pulpit from which its catechisms, bromides and self-justifications are propagandized to the unwashed masses---the tax-and-debt-slaves of Flyover America who bear the burden of its continuation.

Needless to say, the Never Trumpers were eminently correct in their worry that Trump would sully, degrade and weaken the Imperial Presidency. That he has done in spades with his endless tweet storms that consist mainly of petty score settling, self-justification, unseemly boasting and shrill partisanship; and on top of that you can pile his impetuous attacks on friend, foe and bystanders (e.g. NFL kneelers) alike.

Yet that is exactly what has the Deep State and its media collaborators running scared. To wit, Trump's entire modus operandi is not about governing or a serious policy agenda---and most certainly not about Making America's Economy Great Again. (MAEGA)

By appointing a passel of Keynesian monetary central planners to the Fed and launching an orgy of fiscal recklessness via his massive defense spending and tax-cutting initiatives, the Donald has more than sealed his own doom: There will unavoidably be a massive financial and economic crisis in the years just ahead and the rulers of the Imperial City will most certainly heap the blame upon him with malice aforethought.

In the interim, however, what the Donald is actually doing is sharply polarizing the country and using the Bully Pulpit for the very opposite function assigned to it by Washington's permanent political class. Namely, to discredit and vilify the ruling elites of government and the media and thereby undermine the docility and acquiescence of the unwashed masses upon which the Imperial City's rule and hideous prosperity depend.

It is no wonder, then, that the inner circle of the Obama Administration plotted an "insurance policy". They saw it coming-----that is, an offensive rogue disrupter who was soft on Russia, to boot--- and out of that alarm the entire hoax of RussiaGate was born.

As is now well known from the recent dump of 375 Strzok/Gates text messages, there occurred on August 15, 2016 a meeting in the office of FBI Deputy Director Andrew McCabe (who is still there) to kick off the RussiaGate campaign. As Strzok later wrote to Page, who was also at the meeting:

“I want to believe the path you threw out for consideration in Andy’s office — that there’s no way he gets elected — but I’m afraid we can’t take that risk......It’s like an insurance policy in the unlikely event that you die before you’re 40.”

They will try to spin this money quote seven-ways to Sunday, but in the context of everything else now known there is only one possible meaning: The national security and law enforcement machinery of Imperial Washington was being activated then and there in behalf of Hillary Clinton's campaign.

Indeed, the trail of proof is quite clear. At the very time of this August meeting, the FBI was already being fed the initial elements of the Steele dossier, and the latter had nothing to do with any kind of national security investigation.

For crying out loud, it was plain old "oppo research" paid for by the Clinton campaign and the DNC. And the only way that it bore on Russian involvement in the US election was that virtually all of the salacious material and false narratives about Trump emissaries meeting with high level Russian officials was disinformation sourced in Moscow, and was completely untrue.

As former senior FBI official, Andrew McCarthy, neatly summarized the sequence of action recently:

The Clinton campaign generated the Steele dossier through lawyers who retained Fusion GPS. Fusion, in turn, hired Steele, a former British intelligence agent who had FBI contacts from prior collaborative investigations. The dossier was steered into the FBI’s hands as it began to be compiled in the summer of 2016. A Fusion Russia expert, Nellie Ohr, worked with Steele on Fusion’s anti-Trump research. She is the wife of Bruce Ohr, then the deputy associate attorney general — the top subordinate of Sally Yates, then Obama’s deputy attorney general (later acting AG). Ohr was a direct pipeline to Yates.....

Based on the publication this week of text messages between FBI agent Peter Strzok and Lisa Page, the FBI lawyer with whom he was having an extramarital affair, we have learned of a meeting convened in the office of FBI deputy director Andrew McCabe...... right around the time the Page FISA warrant was obtained......

Bruce Ohr met personally with Steele. And after Trump was elected, according to Fusion founder Glenn Simpson, he requested and got a meeting with Simpson to, as Simpson told the House Intelligence Committee, “discuss our findings regarding Russia and the election.”

This, of course, was the precise time Democrats began peddling the public narrative of Trump-Russia collusion. It is the time frame during which Ohr’s boss, Yates, was pushing an absurd Logan Act investigation of Trump transition official Michael Flynn (then slotted to become Trump’s national-security adviser) over Flynn’s meetings with the Russian ambassador.

Here's the thing. There is almost nothing in the Steele dossiers that is true. At the same time, there is no real alternative evidence based on hard NSA intercepts that show Russian government agents were behind the only two acts----the leaks of the DNC emails and the Podesta emails----that were of even minimal import to the outcome of the 2016 presidential campaign.

As to the veracity of the dossier, the raving anti-Trumper and former CIA interim chief, Michael Morrell,  settled the matter. If you are paying ex-FSA agents for information on the back streets of Moscow, the more you pay, the more "information" you will get:

Then I asked myself, why did these guys provide this information, what was their motivation? And I subsequently learned that he paid them. That the intermediaries paid the sources and the intermediaries got the money from Chris. And that kind of worries me a little bit because if you’re paying somebody, particularly former [Russian Federal Security Service] officers, they are going to tell you truth and innuendo and rumor, and they’re going to call you up and say, ‘Hey, let’s have another meeting, I have more information for you,’ because they want to get paid some more,’ Morrell said.

Far from being “verified,” the dossier is best described as a pack of lies, gossip, innuendo and irrelevancies. Take, for example, the claim that Trump lawyer Michael Cohen met with Russian Federation Council foreign affairs head Konstantin Kosachev in Prague during August 2016. That claim is verifiably false as proven by Cohen's own passport.

Likewise, the dossier 's claim that Carter Page was offered a giant bribe by the head of Rosneft, the Russian state energy company, in return for lifting the sanctions is downright laughable. That's because Carter Page never had any serious role in the Trump campaign and was one of hundreds of unpaid informal advisors who hung around the basket hoping for some role in a future Trump government.

Like the hapless George Papadopoulos, in fact, Page apparently never met Trump, had no foreign policy credentials and had been drafted onto the campaign's so-called foreign policy advisory committee out of sheer desperation.

That is, because the mainstream GOP foreign policy establishment had so completely boycotted the Trump campaign, the latter was forced to fill its advisory committee essentially from the phone book; and that desperation move in March 2016, in turn, had been undertaken in order to damp-down the media uproar over the Donald's assertion that he got his foreign policy advise from watching TV!

The truth of the matter is that Page was a former Merrill Lynch stock-broker who had plied his trade in Russia several years earlier. He had gone to Moscow in July 2016 on his own dime and without any mandate from the Trump campaign; and his "meeting" with Rosneft actually consisted of drinks with an old buddy from his broker days who had become head of investor relations at Rosneft.

Nevertheless, it is pretty evident that the Steele dossier's tale about Page's alleged bribery scheme was the basis for the FISA warrant that resulted in wiretaps on Page and other officials in Trump Tower during September and October.

And that's your insurance policy at work: The Deep State and its allies in the Obama administration were desperately looking for dirt with which to crucify the Donald, and thereby insure that the establishment's anointed candidate would not fail at the polls.

So the question recurs as to why did the conspirators resort to the outlandish and even cartoonish disinformation contained in the Steele dossier?

The answer to that question cuts to the quick of the entire RussiaGate hoax. To wit, that's all they had!

Notwithstanding the massive machinery and communications vacuum cleaners operated by the $75 billion US intelligence communities and its vaunted 17 agencies, there are no digital intercepts proving that Russian state operatives hacked the DNC and Podesta emails. Period.

Yet when it comes to anything that even remotely smacks of "meddling" in the US election campaign, that's all she wrote.

There is nothing else of moment, and most especially not the alleged phishing expeditions directed at 20 or so state election boards. Most of these have been discredited, denied by local officials or were simply the work of everyday hackers looking for voter registration lists that could be sold.

The patently obvious point here is that in America there is no on-line network of voting machines on either an intra-state or interstate basis. And that fact renders the whole election machinery hacking meme null and void. Not even the treacherous Russians are stupid enough to waste their time trying to hack that which is unhackable.

In that vein, the Facebook ad buying scheme is even more ridiculous. In the context of an election campaign in which upwards of $7 billion of spending was reported by candidates and their committees to the FEC, and during which easily double that amount was spent by independent committees and issue campaigns, the notion that just $44,000 of Facebook ads made any difference to anything is not worthy of adult thought.

And, yes, out of the ballyhooed $100,000 of Facebook ads, the majority occurred after the election was over and none of them named candidates, anyway. The ads consisted of issue messages that reflected all points on the political spectrum from pro-choice to anti-gun control.

And even this so-called effort at "polarizing" the American electorate was "discovered" only after Facebook failed to find any “Russian-linked” ads during its first two searches. Instead, this complete drivel was detected only after the Senate's modern day Joseph McCarthy, Sen. Mark Warner, who is the vice chairman of the Senate Intelligence Committee and a leading legislator on Internet regulation, showed up on Mark Zuckerberg's doorstep at Facebook headquarters.

In any event, we can be sure there are no NSA intercepts proving that the Russians hacked the Dem emails for one simple reason: They would have been leaked long ago by the vast network of Imperial City operatives plotting to bring the Donald down.

Moreover, the original architect and godfather of NSA's vast spying apparatus, William Binney, has essentially proved that the DNC emails were leaked by an insider who downloaded them on a memory stick. By conducting his own experiments, he showed that the known download speed of one batch of DNC emails could not have occurred over the Internet from a remote location in Russia or anywhere else on the planet, and actually matched what was possible only via a local USB-connected thumb drive.

So the real meaning of the Strzok/Gates text messages is straight foreword. There was a conspiracy to prevent Trump's election, and then after the shocking results of November 8, this campaign morphed into an intensified effort to discredit the winner.

For instance, Susan Rice got Obama to lower the classification level of the information obtained from the Trump campaign intercepts and other dirt-gathering actions by the Intelligence Community (IC)--- so that it could be disseminated more readily to all Washington intelligence agencies.

In short order, of course, the IC was leaking like a sieve, thereby paving the way for the post-election hysteria and the implication that any contact with a Russian--even one living in Brooklyn-- must be collusion. And that included calls to the Russian ambassador by the president-elect's own national security advisor designate.

Should there by any surprise, therefore, that it turns out the Andrew McCabe bushwhacked General Flynn on January 24 when he called to say that FBI agents were on the way to the White House for what Flynn presumed to be more security clearance work with his incipient staff.

No at all. The FBI team was there to interrogate Flynn about the transcripts of his perfectly appropriate and legal conversations with Ambassador Kislyak about two matters of state----the UN resolution on Israel and the spiteful new sanctions on certain Russian citizens that Obama announced on December 28 in a fit of pique over the Dems election loss.

And that insidious team of FBI gotcha cops was led by none other than......Peter Strzok!

But after all the recent leaks---and these text messages are just the tip of the iceberg-----the die is now cast. Either the Deep State and its minions and collaborators in the media and the Republican party, too, will soon succeed in putting Mike Pence into the Oval Office, or the Imperial City is about ready to break-out in vicious partisan warfare like never before.

Has the Palace Coup failed, then?  We will know more after tomorrow.  The media is trying to ignore the story -- because they are implicated.  I remember when the news media led the charge in overthrowing LBJ in the 1960's and a war in Vietnam that was stupid, badly conceived and protected with lies in the highest parts of the government.  Media then was or at least seemed to be on the side of the truth.  Today, mainstream media is on the side of the LIBERAL WORLDVIEW, the Democrats.  The Media is not supposed to be on any ones' team.  It is supposed to be neutral, criticizing both sides, both parties.  But now the mainstream media is on the side of regime change in America.  Trump is a threat to them and their partners in the Democratic Party, the Deep State, and with some members also from the Republican Party.  This is BIG NEWS.  And the Mainstream Media is planning to understate it, to ignore it.  IF THEY CAN.

Ok, what about the markets?  The selling is about over.  Really?  We think it is winding down.  UDOW is ALMOST OVERSOLD.

The NDX did what we thought it would do.  It started back up yesterday, then it fell back today.  Both charts look like they need a day or two more of selling.

Our internals are still good, even though ST TREND is edging toward 50% BULLISH.  Below 50% is a WARNING.  It is down to 63% Bullish.  PROP2 should be crashing toward 50% also, if this were a REAL SELLOFF

That is not to say that this UNREAL SELLOFF has not hurt our portfolios -- it has.  Our trading portfolio has fallen from up 26% to up 16% -- a 10% decline.

We have some trades tonight.  OCUL, Ocular Therapeuutics, is a TRENDMO Buy here.

As is Home Capital Growth Bank, from Toronto.

And

COUNT2 TRENDMO now.  LB, LBRANDS.  LONG.

We have two TRIANGLE TRADES (Long-Term).  IMAX and MYLAN LABS both long.

READERS PORTFOLIO.

UNDER SEPARATE COVER.

We have added a new data-field to our RP.  COUNT2 30.  A rally in C2 carries the C2 COUNT to 30.  A selloff carries C2 COUNT to -30.  If you see a stock that is Long-term LONG with a C2 COUNT -30, this is one to consider.  A stock that is Long-Term SHORT and has a C2COUNT of 30 is a SHORTSELL CANDIDATE.  When a LONG Trade breaks down from 30, this is a possible SELL SIGNAL; when a SHORT Trade breaks up from -30, this is a possible COVER SIGNAL.  We will demonstrate this more later.  Also, a C1 move between 4 and ZERO is bearish, but it signals a furious struggle between Buyers and Sellers that often precedes a reversal from SHORT to LONG.  And, a Bullish C1 move from ZERO to 1 seems to be less powerful than a move from Zero to 2 and then back to 1.  We added Count1 (as data) back to our report.  You can work with COUNT1 and COUNT2 30 COUNT by yourself.  COUNT1 also tells you in PROP1 is bullish (COUNT1 1 or 2) or bearish (COUNT1 3 or 4).

FOR SUBSCRIBERS ONLY.

For fundamental CGTS descriptions:

http://home.mindspring.com/~mclark7/CGTS142.htm

MJC, CGTS

We have refined our system to a simple system of SPINS.

LEGEND:

COUNT1 SPIN SYSTEM AND COUNT7 SPIN SYSTEM

Essentially the trading mechanism is this:

BUY: COUNT SPIN = 1*

SELL: COUNT SPIN >=2

SHORTSELL: COUNT SPIN =3

COVER SHORT: COUNT SPIN = 4

* two anomalies.  BUY when TODAY's COUNT =2; YESTERDAY'S COUNT = 0.  SHORT when TODAY'S COUNT = 4; YESTERDAY'S COUNT = 0.  "COUNT" in above description applies for both COUNT1 SPIN and COUNT7 SPIN.

**PROP1 must be confirmed by its shadow, "CGTS LONG-TERM TREND RSTDIFF SO REAL" which I have re-named PROP1 SHADOW.

Disclosure: I am/we are long LB.