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Donald Trump is the only man to save the world, says Carl Icahn

Posted by ipso facto @ 12:17 on September 29, 2015  

The Wall Street veteran said the property mogul’s strong sense of self was a positive for high office because he wouldn’t be threatened by having smart people, such as Icahn, giving him advice.

“His ego permits him to — where a lot of these other presidents don’t — surround himself with really good people, not just me but others,” Icahn said in an interview with Reuters.

“He needs as many good people as he can get in this environment today. We certainly don’t see that in many of these presidents.”

Trump has said in interviews and speeches that if elected, he would love to name Icahn as Treasury Secretary.

The father of 2 said he’s flattered to be considered for the position but he does not get up early enough in the morning to accept the opportunity. Asked if he’d take on a top economic advisory role, Icahn said: “We never talked about that.”

Icahn made his fortune in the 1980s buying stakes in poorly-performing companies and battling management to turn them around. Currently he is making billion dollar bets on a rebound in energy and commodities.

Like Trump, who also grew up in the New York neighbourhood of Queens, Icahn revels in anti-corporate rhetoric.

In a video entitled “Danger Ahead” released on Tuesday, the 79-year old criticizes Wall Street and the Federal Reserve for what he says is a bubble in the corporate bond market and the super-rich for not paying enough taxes.

“Most of these rich guys — many of them — haven’t done very much,” Icahn said. “People on Wall Street, I know them, they are good friends of mine.”

“But not having to pay full taxes on money that you are earning is an absurdity,” he said, pointing to private equity and hedge fund managers who benefit from the so-called “carried interest” loophole under which their earnings are taxed as capital gains rather than ordinary wage income.

In one section of the video, which includes a clip from the mafia movie “Goodfellas,” Icahn attacks Wall Street for pushing riskier junk bonds on Americans.

“Wall Street does what Wall Street does best, it sells securities,” Icahn said. “I used to laugh with some of these guys who sell these bonds. I used to say, ‘You know, the Mafia has a better code of ethics than you guys.’ You know you keep selling this crap, and you keep selling it.”

more http://blogs.reuters.com/talesfromthetrail/2015/09/28/donald-trump-is-the-only-man-to-save-the-world-says-carl-icahn/

I just wonder how many internal combustion engine companies have lost 10 or 100’s of millions

Posted by eeos @ 11:05 on September 29, 2015  

getting gamed in the Platinum price wars. Possibly companies such as VW saw catalytic platinum prices too steep and decided to find an easy way out.

Platinum’s so frigging erratic. A tiny pipe with all sorts of pressures applied, from trickle to fire pumper trucks operating on the same garden hose size. It’s a wild animal

Plat

“11 million” That might ding your bottom line a bit

Posted by ipso facto @ 10:54 on September 29, 2015  

Volkswagen to refit 11 million cars affected by emissions scandal

http://america.aljazeera.com/articles/2015/9/29/volkswagen-to-refit-11-million-cars-affected-by-emissions-scandal.html

Erdogan Murderer

Posted by ipso facto @ 10:12 on September 29, 2015  

Turkey’s Erdogan says over 30 Kurdish militants killed in cross border raids on Friday

http://www.reuters.com/article/2015/09/29/us-turkey-kurds-attack-idUSKCN0RT0CY20150929

1 Agreement, 3 Companies, 4 Winners

Posted by ipso facto @ 9:58 on September 29, 2015  

•Goldcorp and Teck Resources are combining two projects in Chile to form Project Corridor.

•New Gold’s 30% stake in the El Morro project will be bought out by Goldcorp.

•We see 4 winners in this transaction. Bravo.

more http://seekingalpha.com/article/3536916-1-agreement-3-companies-4-winners?auth_param=po21v:1b0l456:3051ff480cddd2d678700e75439ec01e&uprof=45&dr=1#

Trump’s Treasury Secretary cares, or is scared, or is trying to cover his arse…

Posted by Buygold @ 9:35 on September 29, 2015  

Tyler Durden's picture

Carl Icahn Says Market “Way Overpriced”, Warns “God Knows Where This Is Going”

“They don’t understand the treacherous path they are going down. God knows where this is going. It’s very dangerous and could be disastrous.”

http://www.zerohedge.com/news/2015-09-29/carl-icahn-says-market-way-overpriced-warns-god-knows-where-going

Portugeezer @ 8:43 Kunstler on the Charlie Rose

Posted by Mr.Copper @ 9:21 on September 29, 2015  

I agree with you re Trump. The country needs an outsider. The insiders (pro foreign special interests) had their turn and the results are in. NFG. I predicted a long time ago, I saved copies on Word here.

Many of the status quo trends that started after WW II are in reverse. Making the rest of the world a better place, on the backs of the US consumer, worker, taxpayer has run its course.

There is NOTHING MUCH left to take from the USA by global corporations that set up production in foreign countries. They won, and there’s nothing left to win. For there own good, they know the US economy has to be rebuilt.

For all we know, the global insiders may have encouraged Trump to “take the wheel” because they (insiders) don’t want to do it themselves. It would make them look like they are admitting a mistake or failure, and look bad among the people and businesses that they led to do what they all did.

Take note. Trump NOT saying things he should be saying. Like…
#1 The bankers are controlling everything.
#2 The Labor Dept or gov’t consistently lied or under stated the inflation rates.
#3 The phony low inflation rates held back the wages levels, resulting in 25% under paid tax payers. (over paid tax absorbers) TPTB produced an artificial economy that is acting like it has 25% unemployment rate. The REAL rate.

I’ll bet money the old global central insiders have told Trump what NOT to say.

Good morning Oasis

Posted by ipso facto @ 9:10 on September 29, 2015  

Commodities in crisis as Asian shares tumble and shipper files for bankruptcy

http://finance.yahoo.com/news/commodities-crisis-asian-shares-tumble-101618477.html

QMX Gold Outlines Potential New Production Targets and Provides Corporate Update

http://finance.yahoo.com/news/qmx-gold-outlines-potential-production-110807852.html

Gold Train

Posted by Maya @ 8:33 on September 29, 2015  

gateMug

Gold and Silver, the race is on! The ‘City of Denver’
departs for Chicago, while the Burlington silver zephyr
waits behind. After more than a thousand miles, the
trains will arrive within 15 minutes of each other
at Chicago.  Coffee in the dining car.
http://www.railpictures.net/viewphoto.php?id=548282

 

Kunstler on the Charlie Rose-Putin interview on 60 Minutes

Posted by Richard640 @ 5:45 on September 29, 2015  

Tick Tick Tick

D id Charlie Rose look like a fucking idiot last night on 60-Minutes, or what, asking Vladimir Putin how he could know for sure that the US was behind the 2014 Ukraine coup against President Viktor Yanukovych? Maybe the idiots are the 60-Minutes producers and fluffers who are supposed to prep Charlie’s questions. Putin seemed startled and amused by this one on Ukraine: how could he know for sure?

Well, gosh, because Ukraine was virtually a province of Russia in one form or another for hundreds of years, and Russia has a potent intelligence service (formerly called the KGB) that had assets and connections threaded through Ukrainian society like the rhizomorphs of the fungus Armillaria solidipes through a conifer forest. Gosh, Charlie, it’s like asking Obama whether the NSA might know what’s going on in Texas.

And so there is Vladimir Putin, a former KGB officer, having to spell it out for the American clodhopper super-journalist. “We have thousands of contacts with them. We know who and where, and when they met with someone, and who worked with those who ousted Yanukovych, how they were supported, how much they were paid, how they were trained, where, in which country, and who those instructors were. We know everything.”

The only thing Vlad left out of course was the now-world-famous panicked yelp by Assistant Secretary of State Victoria Nuland crying, “Fuck the EU,” when events in Kiev started getting out of hand for US stage-managers. But he probably heard about that, too.

Charlie then voice-overed the following statement: “For the record, the US has denied any involvement in the removal of the Ukrainian leader.” Right. And your call is important us. And your check is in the mail. And they hate us for our freedom.

This bit on Ukraine was only a little more appalling than Charlie’s earlier segment on Syria. Was Putin trying to rescue the Assad government? Charlie asked, in the context of President Obama’s statement years ago that “Assad has to go.”

Putin answered as if he were explaining something that should have been self-evident to a not-very-bright high school freshman: “To remove the legitimate government would create a situation which you can witness in other countries of the region, for instance Libya, where all the state institutions have disintegrated. We see a similar situation in Iraq. There’s no other solution to the Syrian crisis than strengthening the government structure.”

I guess Charlie and the 60-Minutes production crew hadn’t noticed what had gone on around the Middle East the past fifteen years with America’s program of toppling dictators into the maw of anarchy. Not such great outcomes.

Charlie persisted though, following his script: Was Putin trying to rescue Assad? Vlad had to lay it out for him as if he were introducing Charlie to the game of Animal Lotto: “What do you think about those who support the terrorist organizations only to oust Assad without thinking about what happens to the country after all the state institutions have been demolished…? Look at those who are in control of 60 percent of the territory of Syria.

Meaning ISIS. Al Nusra (formerly al Qaeda in Syria), i.e., groups internationally recognized as terrorist organizations.

Charlie Rose, 60-Minutes — and perhaps by extension US government agencies with an interest in propagandizing — seem to want to put over the story that Russia has involved itself in Syria only to aggrandize its role on in world affairs.

Forgive me for being so blunt, but what sort of stupid fucking idea is this? And are there any non-lobotomized adults left in the USA who can’t see straight through it? The truth is that American policy in Syria (plus Iraq, Libya, Ukraine, Somalia, Afghanistan) is an impressive record of failure in terms of the one basic aim that most rational people might agree upon: stabilizing the region in a way that does not leave Islamic jihadi maniacs in charge.

Okay, so now the Russians will do what they can to try to stabilize Syria. They’ve had their failures, too (famously, Afghanistan). But Russian territory adjoins the Islamic lands and they clearly have stake in containing the virus of Islamic extremism near their borders. Is that not obvious?

Charlie made one other extremely dumb statement — he seems to prefer making assertions to asking straight-up questions — to the effect that Russia was misbehaving by deploying troops on its border with Ukraine.

Putin again seemed astonished by this credulous idiocy. The US had troops and nuclear weapons all over Europe, he answered. Did Charlie think that meant the US was attempting to occupy the nations of Europe now? Was it “a crime” for Russia to defend its own border with a neighboring state (formerly a province) that, he implied, the US had deliberately destabilized?

The Putin segment was followed by a sickening session with Donald Trump, a man who now — after a month or so of public exposure — proves incapable of uttering a coherent idea. I wonder what Vladimir Putin makes of this incomparable buffoon. Perhaps that America has gotten what it deserves.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.