Grease is the word, it’s what keeps the Deep State functioning. From Bill Bonner at bonnerandpartners.com:
It’s been a good week for stocks… and a good week for the Deep State.
On Wall Street, it almost seemed like the good ol’ days, as the Dow rose to a seven-week high and inflation readings remained low.
Investors thought they saw more good things coming.
Deep State stocks were winners. Bank of America rose nearly $1.60 during the week, as of this morning. General Dynamics went up more than $6.50. Raytheon made a $10 gain.
Swamp Deals
Up on the Hill, meanwhile, Gina Haspel managed to dodge questions about her role in torture and the destruction of evidence.
In a better world, she would probably be swinging from a scaffold with a noose around her neck, not looking forward to a cushy job as CIA director.
But she is being promoted for her loyalty, her long service… and the fact that she seems ready to do just about anything without asking questions.
In Iran, Israeli prime minister Bibi Netanyahu and American billionaire Sheldon Adelson managed to turn up the dial on tension in the Middle East by getting The Donald to nix the Iranian nuclear deal. It was fairly easy; after all, Adelson was one of Trump’s major campaign donors.
We saw how the swamp works yesterday. You want influence; you pay for it.
Trump’s budget chief, Mick Mulvaney put it to the American Bankers Association straight:
We had a hierarchy in my office in Congress. If you’re a lobbyist who never gave us money, I didn’t talk to you. If you’re a lobbyist who gave us money, I might talk to you.
Naked Deep State
So now we see how a low-life lawyer like Michael Cohen brought in $4.4 million in consulting fees since Donald Trump was elected: He offered to fix things with his boss.
And we see Iran’s big mistake: It didn’t hire the best lobbyists… and didn’t contribute to The Donald’s campaign. If it had slipped a billion or so in Michael Cohen’s pocket, maybe the president would have declared Israel a rogue state!
But let us pull back the covers to take a gander at the naked Deep State itself.
To continue reading: Good Week for the Deep State
