How Did the Media and Pollsters Get the Election So Wrong?

The answer is quite simple. It wasn’t an innocent mistake. The polls are owned and run by left wing media corporations and left wing academic institutions. They were used as propaganda to convince the ignorant masses they should vote for a sure winner – Crooked Hillary. The lesson learned is that the corporate media is part of the establishment and should never be trusted.

Courtesy of: Visual Capitalist

OOPS – ANTARCTICA IS GAINING ICE – SOMEONE CALL AL GORE

 

A new NASA study found that Antarctica has been adding more ice than it’s been losing, challenging other research, including that of the UN’s Intergovernmental Panel on Climate Change, that concludes that Earth’s southern continent is losing land ice overall.

In a paper published in the Journal of Glaciology on Friday, researchers from NASA’s Goddard Space Flight Center, the University of Maryland in College Park, and the engineering firm Sigma Space Corporation offer a new analysis of satellite data that show a net gain of 112 billion tons of ice a year from 1992 to 2001 in the Antarctic ice sheet.

That gain slowed to 82 billion tons of ice per year between 2003 and 2008.

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THE VALUE OF “EXPERTS”

“We will not have any more crashes in our time.” – John Maynard Keynes (1927)

“There will be no interruption of our permanent prosperity.” – Myron E. Forbes, President, Pierce Arrow Motor Car Co. (January 12, 1928)

“There is no cause to worry. The high tide of prosperity will continue.” – Andrew W. Mellon, Secretary of the Treasury. (September 1929)

“There may be a recession in stock prices, but not anything in the nature of a crash.” – Irving Fisher, Leading U.S. Economist, New York Times (Sept. 5, 1929)

“Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review of industrial and credit conditions issued earlier in the day by the Federal ReserveBo ard.” – New York Times (October 14, 1929)

“This crash is not going to have much effect on business.” – Arthur Reynolds, Chairman of Continental Illinois Bank of Chicago (October 24, 1929)

“We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices.” –Goodbody and Company Market-letter Quoted in The New York Times (Friday, October 25, 1929)

“Financial storm definitely passed.” – Bernard Baruch, cablegram to Winston Churchill (November 15, 1929)

“The Government’s business is in sound condition.” – Andrew W. Mellon, Secretary of the Treasury (December 5, 1929)

“President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days.”WashingtonDispatch (March 8, 1930)

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QUOTES OF THE DAY

“The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.”

Ben Bernanke – June 10, 2008

“It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions.”

Ben Bernanke – October 31, 2007

“All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. The vast majority of mortgages, including even subprime mortgages, continue to perform well. Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable.”

Ben Bernanke – May 17, 2007

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.”

Ben Bernanke – March 28, 2007

“Despite the ongoing adjustments in the housing sector, overall economic prospects for households remain good. Household finances appear generally solid, and delinquency rates on most types of consumer loans and residential mortgages remain low.”

Ben Bernanke – February 15, 2007

“With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.”

Ben Bernanke – November 15, 2005