[Majorityrights News] Trump will ‘arm Ukraine to the teeth’ if Putin won’t negotiate ceasefire Posted by Guessedworker on Tuesday, 12 November 2024 16:20.
[Majorityrights News] Alex Navalny, born 4th June, 1976; died at Yamalo-Nenets penitentiary 16th February, 2024 Posted by Guessedworker on Friday, 16 February 2024 23:43.
[Majorityrights Central] A couple of exchanges on the nature and meaning of Christianity’s origin Posted by Guessedworker on Tuesday, 25 July 2023 22:19.
[Majorityrights News] Is the Ukrainian counter-offensive for Bakhmut the counter-offensive for Ukraine? Posted by Guessedworker on Thursday, 18 May 2023 18:55.
Due to a number of reasons, this site will no longer be updated. There are three main reasons for this: Continuous rampant cut and paste copying of our articles onto other sites; the resultant demoralization of our writers after their hours of work is just stolen, and the lack of response to fundraising efforts.
1. Continuous rampant cut and paste copying of our articles onto other sites.
While it is accepted that the Internet is a place of free exchange of ideas and thoughts, the continuous “cut and paste” copying of our original articles has breached all ethical considerations.
It is the norm, when wishing to reproduce an article, to only have a paragraph of the article, and then a back link to the original. This is being blatantly ignored, and then other sites are asking for money for cut-and-pasting the New Observer’s articles.
2. Our articles are all original works and the product of much research, some of which have taken our writers many hours to compile. To have these hours of work just cut-and-pasted has made our writers ask “what is the point” if someone else is just going to steal the work.
3. Despite appeals, we have been unable to pay our writers for their hours of work, and therefore funding has become a critical issue.
Some readers have suggested erecting a Paywall and charging to read the site. However, given that the cut-and-paste copiers have already bypassed anti-copy software on the website, we are sure that installing a Paywall will not stop the content copying. This will in turn only anger those who might have paid to view the content.
I am not being paid for anything either and am working steadily to defend the interests of European peoples - in view of our emergency circumstances, I have suspended protocols at times and in ways; though I was perhaps narcissistic to presume that I was in a way supporting The New Observer with a form of endorsement by republishing some of its articles; furthermore, I presumed that they did have some financial wherewithal and shared my priority for our defense and advancement above all.
However, I can certainly abide by this norm:
It is the norm, when wishing to reproduce an article, to only have a paragraph of the article, and then a back link to the original.
If TNO resumes operations, I will certainly pledge to do that; with apologies and in the hopes that after enjoying a fishing trip that the staff of The New Observer will resume their excellent work: For heaven’s sake people, get them some financial support. These cheap damned White people! - isn’t it Jews who are supposed to be cheap?
Should we go to “The Daily Stormer” for news from a perspective of White/European interests? Perhaps we can go to “Red Ice” for the latest right-wing nut conspiracy theory? To “The Political Cesspool” for that good old religion and bragging about who knows what? People, give us a break!
If The TNO won’t resume operations that would be big loss, because they most closely approximate a competent news service from the perspective of White/European interests - it was a great help to MR to be able to rely on them for that because we are not primarily a news site; we run news articles for the sake of topical orientation and to keep information running through our system.
Of course I appreciate TNO’s need for financial support. However, if they will not resume operations and any of them are concerned enough for European interests, have the capacity to survive financially and the will to contribute, then please feel free to contact us here; you might contribute to whatever extent that you feel comfortable. Of course I am not against people making money and being paid for what they do - you deserve it; and if you want to think about making that happen through Majorityrights, we’ll consider that as well; though MR has not been pursued as a gainful enterprise, it is, and has been, rather a labor of deeply felt need.
Trump is making a bad choice in saber rattling against China and the rest of Asia. It is to say the least that his conciliatory stance with regard to Israel is of little help to us beyond perhaps serving to strategically placate them, but neither is siding with The Russian Federation over China the right priority.
China is never going to side with the The Russian Federation. Neither is Japan. We need cooperation with these and other Asian countries, and we do not need the headaches of The Russian Federation.
We need China, Japan and the rest of Asia to assist against Islamic and Middle Eastern imposition, Jews and Africans; we need Asian assistance in regard to our borders and along The Silk Road.
Russia’s tenuous claim, tenuous economic industrial and demographic support for its vast eastward expanse is a burden that we don’t need to share in. We’d all be better off with a Russian state scaled to the size of an ethno-state. The eastern part of the present Russian Federation will be taken over by Asian peoples eventually anyway. We need Asian cooperation to secure our own ethno-states, and its best to deal with these realities.
Israel and The Russian Federation or China, Japan and the rest of Asia in alliance with ethno-nationalism, White and otherwise? Trump is taking the wrong side.
WASHINGTON: In another sign of escalating trade tensions between China and the United States, Beijing told the World Trade Organization on Friday that Washington was failing to implement a WTO ruling against punitive U.S. tariffs on a range of Chinese goods.
China’s Ministry of Commerce (MOFCOM) said it had requested consultations with the United States over the issue, and anti-subsidy duties on products including solar panels, wind towers and steel pipe used in the oil industry.
China’s complaint to the WTO was filed just days after Washington lodged a similar complaint against China, accusing it of unfairly continuing punitive duties on U.S. exports of broiler chicken products in violation of WTO rules.
“By disregarding the WTO rules and rulings, the United States has severely impaired the integrity of WTO rules and the interests of Chinese industries,” MOFCOM said in a statement distributed by the Chinese embassy in Washington.
The case was first brought before the WTO by China in 2012 against U.S. duties on 15 diverse product categories that also include thermal paper, steel sinks and tow-behind lawn grooming equipment.
In December 2014, the WTO’s Appellate Body ruled in favor of Chinese claims that the products subject to duties had not benefited from subsidies from “public bodies” favoring particular manufacturers.
The deadline for implementation of the rulings and recommendations of the WTO Dispute Settlement Body, set through binding arbitration, expired on April 1, according to WTO records.
A U.S. Trade Representative spokesman said the United States had been “working diligently to comply with the recommendations” and to fully conform with its WTO obligations.
He added that the U.S. response to China’s request for consultations would come “in due course.”
Trade tensions between the two largest economies have been rising in the past year as China’s economic slowdown floods world markets with manufactured goods. U.S. producers of steel and aluminum have filed a number of anti-dumping and anti-subsidy complaints against imports from China.
On Tuesday, the U.S. Commerce Department is scheduled to announce its final determination in an anti-dumping investigations of imports of cold-rolled flat steel products from both China and Japan. That case was brought by major U.S. producers U.S. Steel Corp , AK Steel Corp Arcelor Mittal USA, Nucor Corp and Steel Dyanmics Inc
The Communist Party mayor of Madrid, Manuela Carmena, has failed in her bid to force the Hogar Social Madrid (“Madrid Social Home,” or HSM) from its premises in the city.
HSM uses the building as a storage venue and accommodation for needy Spanish people—but the group’s opposition to the nonwhite invasion of Europe has put it at odds with Carmena.
As a result, Carmena , who claims to have resigned her membership of the Partido Comunista de España (Communist Party of Spain, PCE), put forward a motion at the most recent Madrid town council meeting to have the HSM expelled from its legally occupied building.
As the council meeting proceeded, about thirty members of HSM demonstrated outside, with two of their most prominent members chaining themselves to the building railings.
The other HSM members unfurled a banner reading “Guilty only of helping our own people.”
Council chairman Jorge García Castaño said that HSM “uses the building to pick up and deliver food, but that is a cover for its violent activities.” These “violent activities,” he claimed, included “assaults, threats, and intimidation against persons on grounds of ethnic origin, religion, sexual orientation, and propaganda campaigns with slogans such as ‘Terrorists Welcome.’”
Castaño also accused the HSM of “criminalizing the entire Muslim community and the millions of people who, fleeing war, have lost everything.”
Despite the extravagant claims, no members of HSM have actually been convicted of any crimes, and, as the movement pointed out on its Facebook page, the only violence at any of its public appearances had come from the far left.
Despite their efforts, the attempt to evict HSM failed to muster enough votes to pass,
and the organization—which has been evicted from other premises before—is safe for the time being.
The HSM posted a series of pictures on its Facebook page showing exactly what they do at their headquarters—helping the elderly and the needy survive. The brave patriots have sworn to continue their work, no matter what—and are steadily growing in support and activist numbers.
Turkish president Recep Tayyip Erdogan called last year for the “conquest” of Europe by Islam “through emigration” into Europe and announced that the “conquest is to have the courage, tenacity, and sagacity to defy the entire world even at the hardest times.”
The speech, delivered in Istanbul on May 30, 2015, at a public meeting celebrating the 562nd anniversary of the fall of Constantinople to the Ottoman Empire’s Muslim armies, has just been translated into English for the first time.
Turkish president Recep Tayyip Erdogan, and his hijab-wearing wife, photographed at the 562nd anniversary of the fall of Constantinople to the Muslim armies.
The translation, made by a Turkish journalist now living in Washington DC, was published by the Gatestone Institute, a Jewish neocon “think thank” based in New York, which specializes in anti-Muslim propaganda in support of Israel.
This fact aside, the translation of Erdogan’s speech is of great importance to anyone wishing to understand Turkey’s intentions in Europe—and of the critical dangers which admitting that nation holds for the future of European civilization.
“The conquest is Hijrah [expansion of Islam through emigration, following the example of Muhammad, the founder of Islam, and his followers from Mecca to Medina]. The conquest is Mecca. It is to cleanse the Kaaba, the house of Allah on earth, of all the icons. The conquest is Jerusalem. It is when the prophet Omar stamped the seal of Islam on Al-Aqsa Mosque, our first Qibla [the direction to face when a Muslim prays during the five times daily prayers] while respecting all faiths including [those of] Christians and Jews.
“The conquest is Al-Andalus [Muslim Spain]. It is to build the most beautiful architecture, literature, and culture of the world such as in Córdoba and Granada.
“The conquest is Samarkand [a city in present-day Uzbekistan and once a capital of the ancient Sogdian civilization whose main religion was Zoroastrianism].
“The conquest is Bukhara [also in present-day Uzbekistan. It was a diverse city with Zoroastrian, Buddhist, Jewish, and Nestorian Christian communities]. It is to establish one of the greatest civilizations of history in the steppes of Central Asia.
“The conquest is Salah al-Din al-Ayubbi [Saladin, who in 1187 invaded Jerusalem]. It is to hoist the flag of Islam in Jerusalem again.
“The conquest is Alp Arslan [the second Sultan of the medieval Muslim Seljuk Empire, who conquered Anatolia].
“The conquest is to open the doors of Anatolia up to Vienna for this blessed nation. The conquest is Osman Ghazi [the first Ottoman Sultan]. It is to make the sycamore [the Ottoman Empire] meet with the ground that would cover three continents and seven climates through the enlightenment inspired by Sheikh Edebali who said, ‘Make the human live so that the state can live.’
“The conquest is preparation. The conquest is when the Sultan Murad II abdicated the throne to his 12-year-old son, Mehmed II. And of course, the conquest is the Sultan Mehmed the Conqueror. It is, at age 21, to embrace Istanbul, the most favorite city of the world, after destroying the millennial Byzantium.
“Mehmed the Conqueror conquered Istanbul in 1453. But the conquests always continued before and after that. They continued with Sultan Selim I the Grim, Sultan Suleiman the Lawgiver, Sultan Murad IV, and Sultan Abdul Hamid II.
“The conquest is to have the courage, tenacity, and sagacity to defy the entire world even at the hardest times.
“The conquest is 1994 [when Erdogan was elected mayor of Istanbul]. It is to serve Istanbul and the legacy of the Sultan Mehmed the Conqueror. The conquest is to make Turkey stand up on its feet again.”
The crowd shouted, “Here is the army; here is the commander.”
Erdogan could not have made his position any clearer: he seeks the reestablishment of the Ottoman Empire and the expansion of Islam back to the borders reached by the Muslim invasion of Europe.
This includes all of Spain and Portugal, and the Balkan states, reaching all the way back to Vienna—where the Ottomans were only halted in the great battle of 1683.
Erdogan’s unguarded remarks—made at an event celebrating a major European defeat at the hands of Islam—reveal his—and Turkey’s—true intentions with regard to Europe.
There cannot be any doubt that Turkish admission to the EU will open the borders to Europe to the millions of Turks who still fanatically believe in the reconquest of the former lands of the Ottoman Empire—and the Islamification of Europe.
Today’s “Victory Day” parade in Moscow is an exercise in hypocrisy—because it ignores the fact that the Soviet Union was allied to the Nazis for nearly two years of World War II—and invaded five neighboring states itself before the war with Germany broke out.
The Russian “celebrations” ignore the fact that the Soviet Union helped Nazi Germany with the invasion of Poland in 1939, invaded Finland in November 1939, and invaded Estonia, Latvia, and Lithuania in June 1940.
The Soviet invasion of Poland started without a formal declaration of war on September 17, 1939. The invasion took place in line with a treaty between Nazi Germany and the Soviet Union, signed by Soviet Foreign Minister Vyacheslav Molotov and German Foreign Minister Joachim von Ribbentrop on August 23, 1939.
The agreement—known as the Molotov–Ribbentrop Pact, contained a public and a secret clause.
The public clause was a non-aggression pact between Nazi Germany and the Soviet Union—but the secret clause, never made public until 1946, contained an agreement to divide the territories of Romania, Poland, Lithuania, Latvia, Estonia, and Finland into German and Soviet “spheres of influence,” anticipating potential “territorial and political rearrangements” of these countries.
Stalin and Ribbentrop after the signing of the Soviet–Nazi German pact. August 23, 1939.
The last page of the Additional Secret Protocol, bearing Ribbentrop’s and Molotov’s signature, dealing with the division of Poland and other Eastern European nations between Nazi Germany and the Soviet Union.
It was on this basis that the Soviet Union invaded Poland on September 17, 1939—sixteen days after the Nazi invasion—and ended up occupying the eastern part of the Polish state.
The Western Allies—so quick to declare war on Nazi Germany for invading Poland—simply ignored the Soviet Union’s invasion of Poland. Soviet and German soldiers in Lublin, Poland, 1939.
German and Soviet soldiers meet in jointly occupied Brest. German and Soviet officers shaking hands following the invasion of Poland by the Soviet Union.
Soviet parade in Lviv, 1939. At the joint victory parade held by the Wehrmacht and Red Army in Brest, September 22, 1939, at the end of the invasion of Poland.At the center Major General Heinz Guderian and Soviet Brigadier Semyon Krivoshein.
Video below: Wehrmacht and Red army parade, Brest, Poland, September 22, 1939:
The only memorable public comment on the double invasion of Poland was a cartoon by David Low which appeared in a British newspaper, showing Hitler and Stalin greeting each other over the corpse of Poland
The German copy of the secret clause was discovered after the war, and first published in the United States by the St. Louis Post-Dispatch on May 22, 1946, and in Britain by the Manchester Guardian.
It was also part of an official US State Department publication, Nazi–Soviet Relations 1939–1941, published in January 1948.
Despite this, it remained the official policy of the Soviet Union to deny the existence of the secret clause. It was only acknowledged as a fact in 1989, with the collapse of the Soviet Union, and was finally published in its Russian format in 1992.
Putin even went on to question the existence of the secret clause, saying that “people still argue about the Molotov-Ribbentrop Pact.”
The invasion of Poland was only the first Soviet military aggression of World War II.
In September and October 1939, the Soviet Union compelled the Baltic states of Estonia, Latvia, and Lithuania to agree to “mutual assistance pacts” which allowed for the establishment of Soviet military bases in those countries.
On June 15, 1940, while the Western Allies were distracted by the German offensive against France, the Soviet Union militarily occupied Lithuania.
The next day, Latvia and Estonia also received Soviet ultimatums, which were quickly followed by military occupation.
Lithuania was formally incorporated into the Soviet Union on August 3, Latvia on August 5, and Estonia on August 6. The deposed presidents of Estonia (Konstantin Päts) and Latvia (Karlis Ulmanis) were imprisoned and deported to the USSR and died later in Soviet gulags.
While all this was going on, the Soviet Union also invaded the neutral nation of Finland on November 30, 1939.
This time, there was at least some half-hearted international reaction: the League of Nations passed a resolution condemning the invasion as illegal, and the Soviet Union was expelled from the League on December 14, 1939.
Red Army soldiers display a captured Finnish state flag, 1940.
Initially, the invasion went poorly, and the Finnish army held the Soviet offensive at the border. However, a renewed attack forced the Finns to capitulate in March 1940.
In terms of that treaty, Finland ceded 11 percent of its surface area—and 30 percent of its economy—to the Soviet Union.
Soviet Tupolev SB bombers above Helsinki November 30, 1939.
It was during the Soviet invasion of Finland that the term “Molotov cocktail” was coined. The improvised gasoline “bomb,” usually just a glass bottle, was given its name as an insulting reference to Soviet foreign minister Molotov, who was responsible for the setting of “spheres of interest” in Eastern Europe under the Molotov–Ribbentrop Pact.
Molotov had earlier declared on Soviet state radio that Soviet air force’s bombing missions over Finland were actually “airborne humanitarian food deliveries for their starving neighbors.”
As a result, the Finns dubbed the Soviet bombs as “Molotov bread baskets”—and when the hand-held bottle firebomb was developed to attack Soviet tanks, the Finns called it the “Molotov cocktail” as “a drink to go with the food.”
The Nazi-Soviet pact lasted until June 22, 1941, when Hitler launched the invasion of the Soviet Union. That invasion, as is well known, ended in catastrophe for Germany.
Nonetheless, the fact that the Soviet Union was an official ally—and an aggressive invader of five neutral neighbors during the first stage of the Second World War, makes the Russian “Victory Day” parades hollow and hypocritical.
If Russia—or the West, for that matter—were sincere in celebrating the end of the tragic conflict known as the Second World War, they would give equal prominence to the Soviet Union’s role in fermenting that conflict.
But, because the controlled media and the establishment have made an art out of double standards and hypocrisy, the focus remains solely on Germany—and ignores the crimes of communism.
Some people don’t understand the great appeal of sports fanship to males in particular. But in the topsy-turvey of modernity in particular, when tribal affinity is disallowed as a barometer and all else seems to be so unfair - a rigged deck that females don’t tend to care about because it is rigged largely in their favor, sports, the historically coherent and statistically objective, verifiable comfort, persists - particularly when your guys, guys that you can identify with as being not very different from you have proven their objective merit despite rigorous competition.
See? We know that the way of life that we produce is fine enough, if not better, though it is sometimes hard to prove our part in an instant or episode - still, we appreciate the capacity for vicarious identity also because we do not normally have the opportunity for the exhilarating display of taking it to them in instantaneous and episodic action. Still, we can even out-manifest them in an instant and episodically, if not vicariously ..it can be proven ..on balance ..sometimes.. on balance…depending on the sport ..and other things.. oops ..its not so reliably objective… can have an anesthetizing, intoxicating effect ..not a comfort conducive to our interests after all.
Never really was. As disingenuously imposed objective criteria, it was counter productive illusion leading to the phenomenon of White fan cuckoldry. Inadvertently, however, Bonds using steroids to shatter Ruth’s slugging marks did a favor by rendering the crowning criteria of sports statistics, for Americans, anyway, the homerun, 60, 714, 755, whatever, so relative, so corrupted as to be unworthy of admiration.
That may seem obvious to the girls out there, but to the young boys who are looking for a reprieve from their shit tests, sports statistics have provided recourse more than vicarious identity, but assertion of heterosexual identity and indication that one is not shirking competitive proofs, even while not actively in the hunt - attending to the serous, manly criteria of purely objective measures nevertheless.
Any sensible boy who looks at baseball stats now should face the facts, that the criteria of measure of who his heterosexual identity is constructed with needs to take into account, or should take into account, his people, including particularly noting difference from the criteria that females may have regarding selection for our fitness or rejection of our non-fitness; and, in turn, rejection of their criteria when it is not adaptive to the fitness of our kind.
Though most of us White boys put a mental asterisk by Hank Aaron’s record breaking 715 (in 1974) and new record setting of 755, to note that he accumulated the number in many more games than Ruth, the record and baseball nevertheless lost much of our identification as blacks started to become emblematic among its leaders.
In different times:
“Say it ain’t so, Joe” was the cry for Joe Jackson to defend himself against unfairly puritanical standards to protect baseball’s criteria.
Country bumpkin, “Shoeless” Joe Jackson, was one of the greatest hitters of the early part of last century. He was banned from baseball by the baseball commissioner for allegedly being part of the “Blacksox scandal”, in which the Chicago White Sox threw the 1919 World Series in a deal with Jewish Mobster Arnold Rothstein.
Though some of his teammates almost assuredly did throw the series, Jackson’s statistics illustrate that he played hard and well - that he was not a part of throwing the series. But such were the times and such was the concern for the integrity of the game, its statistics and objective criteria - that his merely being associated with players who would cheat was enough to get him unjustly banned from baseball.
Crucially, the game maintained integrity as a White criteria until integration started with Saint Jackie Robinson a little after World War II. The game’s integrity predictably degenerated in a myriad of nasty ways after that. Statistical degeneration culminated with Barry Bonds, who, incensed that “White boy” Mark McGwire had used steroids to hit 70 home runs in a season and shatter Babe Ruth’s one time single season record of 60, went onto a steroids program himself; to not only hit 73 in a season, but to break Babe Ruth‘s single season slugging percentage record and the sine qua non, to become the all time home run king, surpassing Ruth’s legendary mark of 714, for an altogether new, steroid enhanced bar at 762.
Conscientious, talented but troubled Croatian, Roger Maras, compared to Mark McRoids
There was some public shaming; but not so much as an asterisk by the roiders statistical record breaking marks. Its worth mentioning since there was large consternation for Roger Maris - first one to break Babe Ruth’s single season record with 61 in 1961 - meeting resistance for recognition as the record bearer by his generation’s baseball commissioner, who suggested that his new single season record should have an asterisk by it because he did it in 162 games while Ruth did it in 154. That’s how concerned American boys and their fathers were about maintaining the game’s objectivity (and how concerned the commissioner was, who also happened to be Babe Ruth’s biographer).
Now Barry Bonds does steroids, a more destructive example to kids and greater detriment to the game’s objectivity even than gambling against one’s own team, let alone merely being on the same team as others who did it, and Bonds doesn’t get so much as the asterisk that Maris was threatened with, let alone banishment from the game - as he should have been and as Shoeless Joe Jackson should not have been - “Say it ain’t so Joe” was the saying in 1919 when Joe Jackson was accused of participating in throwing the world series. Jackson did maintain his innocence, said it wasn’t so; and his world series statistics in 1919 bear that out.
Babe Ruth taking batting tips from Joe Jackson, the man he modeled his hitting style after because he considered him the best.
So much the standard bearer of the game’s style and grace was Joe Jackson, that Babe Ruth, the all time statistical king and most famous baseball player of all, stated that he modeled his swing after Joe Jackson, because he thought he was the best hitter that he’d ever seen.
I believe that it wasn’t so, Joe, that you should have been banned; but that it is so, Barry, that the way you accomplished your record should have little boys forever look upon baseball statistics, let alone salaries, as sham objective metric of worth, no comfort and no measure worth concern for White men.
Ty Cobb, the all time Batting Average leader at .367, was concerned not only for the integrity of the game and its statistics - lamenting that Ruth had made “the home run king and strategy a deuce” - but for its racial hygiene as well: he referred to Ruth as “that nigger” and “nigger lips” (to say nothing of Ruth’s nose). In truth, he liked Ruth and would let him, his nose and lips slide. However, he did correctly want to maintain the game as a criteria to assess baseball skills relative to Whites and their way of life.
Trump is looking less like the one who is freeing the White Republican base from its Neo Con backing than he is a somewhat lower grade interface - a bit more gritty and streetwise, perhaps, perfect to stay ahead of reactionary trends in the WN curve; having shared interest with the YKW to protect domestic real estate assets - he has neither extricated himself nor the implicit White Republican base from YKW entanglements.
In an oddly ironic twist, today Donald Trump announced that he has picked as chairman of his newly launched fundraising operation none other than a former employee of the bank he has repeatedly criticized in the past, and which he used as a foil to criticize Ted Cruz: Goldman Sachs.
Trump announced that heading up his own personal fundraising operation as national finance chairman will be Steven Mnuchin, a long-time business associate, chairman and CEO of the hedge fund Dune Capital. More importantly, however, he spent 17 years at Goldman Sachs where he was most recently a Partner, having built a fortune of $46 million before launching his own hedge fund.
While employed at Goldman, he purchased the remains of IndyMac Bank (now known as OneWest Bank), the Pasadena, California-based mortgage lender that collapsed in 2008. “Notoriously press-shy, the executive endured 2011 protests on the lawn of his Bel Air mansion by foreclosed homeowners angered at his lender’s handling of soured mortgages.”
As Zero Hedge readers are familiar, Trump often critized his main competitor Ted Cruz for his links to the bank because of loans used to finance Cruz’s Senate campaign, and because Heidi Cruz was a one-time employee of Goldman. “I know the guys at Goldman Sachs. They have total, total control over him. Just like they have total control over Hillary Clinton,” Trump said in one debate.
He had no qualms, however, in hiring one of the most prominent Goldman alums to raise money for him.
In addition to Goldman, Mnuchin also worked at Soros Fund Management, whose founder, George Soros, has funded many left-leaning causes. Where it gets even more bizarre is that Mnuchin has donated frequently to Democrats, including to Clinton and Barack Obama.
As a hedge fund manager, Mnuchin is part of a group of businesspeople Trump has excoriated. In August, Trump said hedge fund managers were “getting away with murder” as he touted his proposal to end the so-called carried interest loophole, which gives private equity and hedge fund managers preferential tax treatment.
“The hedge fund guys didn’t build this country,” Trump said at the time on CBS’ Face the Nation. “These are guys that shift paper around and they get lucky,” he said. “They are energetic. They are very smart. But a lot of them—they are paper-pushers. They make a fortune. They pay no tax. It’s ridiculous.”
They apparently are also very good at raising money.
Some more on Mnuchin’s background: starting his career in the early 1980s as a trainee at Salomon Brothers before moving to Goldman Sachs in 1985, Mnuchin was front and center for the advent of instruments like collateralized debt obligations and credit default swaps. He has called securitization “an extremely positive development in terms of being able to finance different parts of the economy and different businesses efficiently.” The pitfalls of the financing method came later, he’s said.
Mnuchin’s father, Robert Mnuchin, was a partner at Goldman Sachs in the 1960s. The second-youngest of five siblings, Steven attended the prestigious Riverdale Country School and then Yale University, where his roommate was Edward Lampert, who would go on to become a hedge-fund manager and owner of Sears.
More recently, in October 2014 Mnuchin became co-chairman of the board of the Hollywood studio Relativity Media due to Dune’s fascination with movies. Dune has provided financing for batches of winning movies, like the “X-Men” franchise and “Avatar,” Hollywood’s all-time box-office champion.
Relativity Media filed for bankruptcy last summer, just a few months after Mnuchin’s arrival. According to Variety, Dune was intimately involved in the studio’s failure.
The money-man and fellow investors in a Dune Capital fund are said to have lost as much as $80 million — equity that is almost certain to be lost for good, said two sources familiar with the situation. And disgruntled Relativity investors privately are questioning how a bank Mnuchin once headed – OneWest Bank of Pasadena – was allowed by Relativity to drain $50 million from the studio just weeks prior to the July 30 insolvency filing.
Mnuchin had left Relativity just days before the company reached an agreement with OneWest to extend the loan deadline and allow the bank to claim that money.
To be sure, Hillary Clinton, who in turn has been attacked for her paid speeches to Goldman Sachs, also has a high-ranking Goldman official in her ranks, former CFTC commissioner Gary Gensler, who is the former secretary of state’s chief financial officer and whom she is grooming for a potential Treasury Secretary. But for Trump, a self-professed “anti-establishment” candidate, who has repeatedly stated he will fund his own way and is not “for sale to special interest groups”, his sudden proximity to Wall Street comes as a big surprise and will leave many of his supporters demanding an explanation.
Moldova, an Eastern European country and former Soviet republic, has terrain encompassing forests, rocky hills and vineyards. It shares linguistic and cultural roots with its neighbor, Romania. Its wine regions include Nistreana, known for its reds, and Codru, home to some of the world’s largest cellars. The capital, Chișinău, has Soviet-style architecture and the National Museum of History, exhibiting ethnographic and art collections.
Capital: Chișinău
Gross domestic product: 7.97 billion USD (2013) World Bank
President: Nicolae Timofti
Population: 3.559 million (2013) World Bank
Official language: Romanian
In a sickening gesture of its malevolence toward native Europe, The EU body has threatened to fine those Eastern European countries not going along with the genocide program but which instead maintain their responsibility to foster and protect their native populations with migration control. In particular, the EU is targeting with genetic infection not only those countries characterized by healthy native demographic maintenance but is at the same time targeting with a devastating economic lose-lose proposition those countries, such as Poland, with the nerve to be doing fairly well economically and those countries such as Moldova, clinging to economic life. Perversely thus, the EU is punishing good demographic behavior, those who are economically well behaved and those that can least afford it - - threatening them with heavy fines if they do not participate in EU migration programs that would be both disastrous to them economically and tantamount to biological weaponry deployed against their native genome.
The EU Commission plans to impose fines on countries that refuse to take refugees under revised EU asylum laws to be put forward on Wednesday (4 May).
The commission will propose a sanction of €250,000 per refugee, according to the Financial Times.
The commission’s proposal will maintain the guiding principle of the current system that the country where migrants first step into the EU must deal with asylum applications.
But it proposes that when a country at the EU’s external border is overwhelmed, asylum seekers should be distributed across the continent.
The commission has been trying to encourage reluctant countries, particularly in central and eastern Europe, to take part in the redistribution system.
Slovakia and Hungary have already brought a court case to challenge an earlier EU decision to redistribute migrants based on a mandatory quota.
But commission officials say the outcome of the court’s decision will not affect their plans to overhaul the asylum system, known as the Dublin regulation.
EU countries last year agreed to redistribute 160,000 asylum seekers across Europe in two years, but have so far actually redistributed only a small portion.
Central European politicians have been vocal about an earlier version of the proposal for mandatory redistribution that was released last month.
At the time, Czech European affairs minister Tomas Prouza tweeted: “Permanent quotas once again? How long will the EU commission keep riding this dead horse instead of working on things that really help?”
Diplomats from eastern EU states have told this website that they are not “heartless people” and they are willing to help refugees in other ways, but they believe a redistribution system will simply lead to more immigrants arrive in the EU.
Turkey falling short
Along with the revised Dublin regulation, the commission is expected to recommend visa-free travel for people from Turkey and Kosovo on Wednesday, even if Ankara is not able to fulfil all the 72 benchmarks that the EU set as conditions.
Sources suggest Turkey is falling short on a handful of the demands – for example issuing biometric passports, and granting visa-free travel to Turkey for EU countries including Cyprus, which Turkey does not recognise.
Other outstanding issues include data protection, fighting corruption, effective cooperation with Europol and state-level law enforcement agencies, and a revision of anti-terror laws so that they cannot be used against journalists or opposition figures.
However, the commission will suggest visa-free travel with the condition that these criteria are met by the end of June, when Turkey is expecting visa requirements to be lifted.
Steve Mnuchin, derived fortune at Goldman Sachs
Moldova