Italy’s Interior Minister Begins Deporting Migrants

By Robert Spencer – Re-Blogged From Freedom Outpost

Salvini is right, but he will be excoriated as a “racist” anyway.

The political and media elites expect, and indeed demand, that the countries of the West commit national suicide.

Anything short of that is “racist” and “neo-Nazi.”

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Commodities Halftime Report 2018

By Frank Holmes – Re0-Blogged From http://www.Silver-Phoenix500.com

Near the beginning of the year, Goldman Sachs analyst Jeffrey Currie made the case that the macro backdrop right now favored commodities in 2018. With inflation pushing prices up and world economies borrowing record amounts of capital, it was the best time “in decades,” he said, for investors to have exposure to base metals, energy and other materials.

“Commodities had a miserable year” in 2017, Currie told CNBC. “History says commodities will outperform equities this year.”

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A New Year Brings Familiar Challenges for the EU

Re-Blogged From Stratfor

Highlights

  • In 2018 the European Union will try to close the free trade agreements it has been negotiating in recent years and to sign new deals with additional countries.
  • The European Union will continue pressuring Russia to cooperate on a solution for the conflict in Ukraine but will be reluctant to increase its sanctions on Moscow.
  • Initiatives to cooperate with the countries migrants hail from and travel through will be easier to approve than will plans to reform the bloc’s rules on migration.

The EU flag flies over the stock exchange building in Brussels.

(sharrocks/iStock)

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Executive Orders: Use Them and Lose Them

By Jeremy Frankel – Re-Blogged From iPatriot

Article I of the Constitution gives the power to create and pass laws to Congress. However, Presidents have the power to sign executive orders, which are meant to give laws more specificity and to enforce existing law. However, when Presidents abuse this power, executive orders can become despotic, and the President can become a potential dictator. For example, former President Barack Obama abused his executive authority by frequently signing executive orders during his eight-year tenure, such as executive amnesty (which he had previously called “unconstitutional”), climate change regulations, and his seizure of millions of acres of state lands. The potential abuse of executive orders shows their negatives.

But now we have a new President in Donald Trump. Despite how dangerous executive orders can be, Trump’s only recourse to reverse Obama’s disastrous legacy is to implement executive orders of his own. Amazingly, Trump is using the pen and phone Obama left for him to reverse course and keep his promises. His orders have included reinstituting the Mexico City Policy, which bans federal funding of international abortions; withdrawal from the Trans-Pacific Partnership (TPP); imposing a hiring freeze for the federal government other than military, inevitably shrinking the government’s size; and easing the “regulatory burdens” of ObamaCare, including fiscal burdens such as taxes or penalties for individuals, health insurance companies, and others.

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The Oversupply Of Oil Means Ports Are Swamped With Oil Tankers

By David Haggith – Re-Blogged From http://www.Silver-Phoenix500.com

This picture of one port tells a major story: Tankers are running circles around the Chinese port of Qingdao. One ship has been carving circles in the water for twenty days, waiting for a chance to offload at any one of several “teapot” (small) refineries in the region.

China is the world’s second-largest consumer of oil. Lack of available storage capacity on land is slowing down the rate at which refiners can take in crude, as is a reduction in the profitability of refineries, which is causing them to back off on refining.

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