Revisiting the concept of American Exceptionalism

In the post BREXIT, post liberal secular Progressive world of a Trump Presidency, it is politic to revisit the concept of American Exceptionalism.

220px-alexander_hamilton_portrait_by_john_trumbull_1806Hamilton

American exceptionalism is based on the Lockean premise that the State is designed to protect an individual’s rights. Most of America’s adversaries still operate on the notion that an individual’s rights must be suppressed to preserve the state. This distinction is what makes America not just a place on the map but an idea — and a powerful on at that.

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How were the polls so wrong?


Two Princeton professors relfect on one of the most unexpected outcomes in presidential election history, one in which nearly every poll got it wrong. Read the full story 

This link gets us there:

http://edition.cnn.com/2016/11/03/opinions/clinton-trump-data-not-drama-wang-zelizer/

That achieved, it’s just two hacks mouthing off, demonstrating the so old cliche that is embarrassing to have to dust off here –

140320115936-julian-zelizer-profile-medium-plus-169Zelizer
garbage in garbage out.

161103123130-sam-wang-medium-plus-169Wang

They are talking in polling cliches, wrapped up their detached elitist bubble, not getting to grips with what Brexit was screaming at them to examine – why the polls were wrong. I’ve already identified that in a previous post.

Their little exercise in self-delusion does not prove polling as such is useless, just that all those wrong Clinton/Trump polls, so limited in their liberal-left horizons and their failure in understanding of the Trump voters, their design, their wording, their analysis, proved useless on this occasion. The liberal arrogance holds that passionately held views are ipso facto the morally right view, the righteous view, and that anything that sustains that delusion is justifiable.

Incompetent/fraudulent pollsters have been getting good money to tell the emperor that the people haven’t noticed he has no clothes.

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The October Surprise: ……… surprises Clinton. Will it be the last?

On Friday 28th. October 2016 at 1300 hours US East Coast time, the Federal Bureau of Investigation Director James Comey reopened the Clinton E-Mail scandal investigations. Just eleven days before the US elections, this was a move that is NOT insignificant. Comey suggested that additional material relevant to the closed investigation had come to light, namely four computers belonging to Clinton’s senior adviser Huma Abedin and her estranged husband Anthony Weiner, the sacked former Democrat Congressman.

09clinton-charlotte-videosmallReuters

Given the extreme circumstances, of any such investigation happening just 11 days out from the US elections, will have on the election outcome, one must assume that highly significant new material has come to light, that casts direct questions on the abandoned Clinton E-Mail investigations. The stock markets have certainly reacted with between half and one percent downward correction.

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The Global Banking Cycle: A Visual Guide

 

Analysis OCTOBER 26, 2016
The world’s banking sector is back where it started after the 1929 U.S. stock market crash and the enactment of laws separating the activities of retail and investment banks. (Shutterstock)

history-finance
Analysis
After the devastating U.S. stock market crash of 1929, the United States introduced the Glass-Steagall Act in 1933 to prevent it from ever happening again. The law separated the activities of retail and investment banks, drawing a hard line between customer deposits and speculative trading activity in the markets. This separation, coupled with the constraints imposed by the Bretton Woods system that emerged after World War II, resulted in a long period uninterrupted by major financial shocks.

But international flows of capital loosened once again in the 1970s with the end of the Bretton Woods system. The creation of the eurodollar market in London in the 1960s also helped remove constraints on capital movement, increasing cross-Atlantic money flows and transforming London into an important financial hub. Since then, the financial cycle has become more pronounced in the United States, with higher highs and lower lows.

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Ukraine: Europe Deliberates the Future of Russian Sanctions & then backs down

As the EU continues to debate whether to keep sanctions against Russia in place, its members’ nations differing opinions are on full display. The Ukrainian Interior Minister Arsen Avakov chastised French President Francois Hollande on the 10 Oct. over his recent remarks on the implementation of the Minsk protocols. According to Avakov, Hollande suggested that elections in Ukraine rebel held Donbas should happen only after a stable cease-fire is in place, troops from both sides have disengaged from contact in eastern Ukraine, but before Russian soldiers have withdrawn from the region and Ukraine’s control of its border with Russia has been restored.

franco-germanReuters

If true, this major policy vault face by Hollande and by inference the EU would contradict Ukraine’s requirement that ALL of the Minsk Protocol’s security components be fulfilled before Kiev makes any political concessions regarding autonomy of its eastern border territories.

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