Episode 16 – Independent Media Now Drives the Discussion
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In this episode, I discuss three separate topics. First, I discuss President Rodrigo Duterte’s public statements that the United States should remove its troops from the Philippines. He stated that American troops are targets for Islamists in the country that see American soldiers as potentially valuable either politically (if they kill them) or financially (if they kidnap them). My thoughts on this: why are we even in the Philippines? Duterte is right.
Next, I discuss comments by Federal Reserve Board of Governors member Lael Brainard to the Chicago Council on Global Affairs. Following the significant drop in the U.S. financial markets on Friday, Brainard came out and sent a clear dovish message. She pointed to global uncertainty, specifically in China, and “moderate and gradual” tightening of labor markets that she believes makes it less urgent to raise rates. I discussed these exact same excuses in Episode 13; they have been singing the same tune for the last couple years. I cannot believe that anyone still buys what they say, but the markets popped right back up on Monday in reaction to the dovish signal.
Finally, Hillary Clinton’s health scare in New York City on Sunday was a clear win for independent journalists. The Hillary Clinton campaign attempted to massage the issue, saying that she “overheated” and needed to rest and recoup before reemerging from her daughter’s NYC apartment. However, amateur video was later released showing Clinton stumbling twice and having what looked like a seizure-type event. Infowars, Drudge Report, and Mike Cernovich have been on this story for weeks, yet just a few days ago Rachel Maddow devoted an entire segment on her show to castigate Infowars as nothing more than a bunch of conspiracy theorists. The mainstream media continues to lose power as independent journalists gain it, and this election has clearly demonstrated that trend. Alt-right meme trolls emerging from Reddit have had an impact on this election, while it’s hard to say if the establishment media networks have had much of an impact at all.
https://s3-us-west-2.amazonaws.com/mark-geise-show/Episode+16+-+Independent+Media+Now+Drives+the+Discussion.mp3Suggested Readings/Referenced Articles:
“Duterte says he wants U.S. special forces out of southern Philippines” – Reuters
“Fed looks unlikely to hike next week after Brainard warning” – Reuters
“Surprise Fed speech throws markets for a loop” – CNBC
“Brainard Says Case To Tighten “Less Compelling”, Burying Sept Rate Hike Odds: Live Feed” – Zero Hedge
Podcast: “Episode 13 – Trump with Some Surprising Clarity About the Fed” – Mark Geise Show
Podcast: “Ep. 194: Fed Cavalry Charges To Market’s Rescue” – Peter Schiff Show (YouTube)
“Hillary Clinton ‘collapse’: Video shows Democrat ‘fainting’ at 9/11 memorial” – The Independent
Video: “Donald Trump Campaign Elevates The Absurd | Rachel Maddow | MSNBC” – YouTube
Video: “Hillary Collapses On 9/11! Full Show – Infowars” – YouTube
Video: “Hillary Clinton’s Illness Revealed” – YouTube
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