Day II of the House Managers’ argument took place today in the US Senate. Much of the argument was repetitive, but effective in laying out in further detail the facts of the case and how President Trump abused his powers. Tomorrow, they are likely going to lay out the case for the second charge of obstruction of Congress. The heart of this matter is what kind of precedent does this send if further, first-hand witnesses and other documents are not allowed into the record? And what kind of precedent will be set, if the Senate acquits from an argument of, “an abuse of power is not an impeachable offense?” The US Constitution as we know it will cease to exist. There will be virtually no remedy to keep a President in check. This country was founded on the idea that the individual is sovereign and that a monarchy is to be detested and rejected as a proper form of government. This is why there are three branches of government with the duty of each to keep the others in check. With what we know today, if the Senate acquits, their ability to check this President and future Presidents will have been greatly diminished. Stay diversified, stay vigilant, and stay with The Kapital News. #Impeachment #Truth #Justice #Congress #Constitution #Politics #Economy #Peace #Republic
The House Managers presented their opening argument today in front of the US Senate. They will have three 8-hours days to present their opening arguments if they so choose to use all of that time. Then following their arguments, the defense counsel for the President will likewise have three 8-hour days to make their arguments. Following this, it is expected that the Senators will have time to ask questions of the managers – not orally, but rather in writing. These questions will go through the Chief Justice, whom is presiding. There still remains several unknowns and the most important perhaps, pertains to the question of witnesses and documents, especially new witnesses and new documents. We would hope that the Senate takes this seriously and allows and demands a fair, open, and transparent trial. This would entail witnesses and documents. For months the Republicans have been arguing about process and how the Democrats have not brought forth “first-hand” fact witnesses. Now in the Senate, with the ability to call and subpoena new first-hand fact witnesses, thus far, they are not doing so. One cannot complain about not having first-hand witnesses and then turnaround and be an advocate for not calling first-hand witnesses to testify when one has the opportunity to do so. If there’s nothing to hide, then release the documents (White House, State, DoD, etc.) and have the first-hand witnesses come forth. If this information further shows the President abused his powers and obstructed Congress, then so be it – remove. And if the information shows that it exonerates the President of wrongdoing, then so be it – acquit. Let the truth be known, and may justice be served. This is all we are after and we are asking for the whole truth.
Another day, another Davos. Today the statement is that the “business-cycle,” is dead. This was made by Bob Prince, Co-CIO of Bridgewater, the world’s largest hedge fund, co-managed by founder, Ray Dalio. Recall, Dalio stated, that “cash is trash.” We do not believe that the business-cycle is dead. It has most definitely been manipulated with massive amounts of fiscal and monetary stimulus. And yet despite all of this stimulus and money-printing, the global economy is barely growing. Hmmmm…can’t imagine why? (Major eye-roll). The business-cycle remains in tact and the “bust” phase of this cycle, not if, but when, it strikes, will likely be global in its reach and be as bad, if not worse than the Great Depression. Stay diversified, stay vigilant, and stay with The Kapital News. #Impeachment #Truth #Justice #Recession #Congress #Constitution #Republic #Economy #Politics #BusinessCycle #Debt War #Oil #EndTheFed #USA
Ep. 4B - Presidential Harassment + Global Central Banks Go Easy
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So the Dems are not giving up and will continue to investigate and expand such investigations of President Trump on any matter under the sun. When will this end? In other news, we discuss some actions taken by central banks around the world and what that means for markets.