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bushman
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I don't mind a guy who likes women getting POTUS, (like Clinton), a guy like that (who has a family too) isn't going to push the button so we're all relatively safe as far as armageddon is concerned

That boasting boy stuff is irrelevant, a lot of blokes talk like that when amongst males, often because in reality they feel insecure or inadequate
 

bushman
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This is a game changing vote winner as far as I'm concerned.
I'd vote for him.


"Things have gotten so bad that we will leave Nafta [the North American Free Trade Agreement], WTO [the World Trade Organization] and the Korean Free Trade Agreement if we can't get a fair deal."
He added: "The system was gamed for whatever reasons to begin with, the gaming's got to be removed, and it's got to be balanced for the American worker, American business, the American economy and trade deals are going to be walked away from if they can't be renegotiated to the point where they are net-positive for our GDP and they are positive for our good-paying job growth.

http://www.bbc.co.uk/news/business-37594928
 

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[h=1]Ferguson Effect: Chicago Cop "Afraid To Use Her Gun" Despite "Fearing For Life" During Beating[/h]Back in August we noted the research of Thomas Abt, senior research fellow with the Harvard Kennedy School of Government, which indicated that rising crime rates around the country were likely the result of what other political commentators have dubbed "the Ferguson Effect." Writing for The Marshall Project, Abt discussed a "phenomenon called legal cynicism" in which he argues that communities tend to become increasingly violent when the police and criminal justice system is viewed as "illegitimate" effectively eroding the implicit authority of cops to enforce the law.
It is unclear what is driving the problem, but my own hunch – and it is still just a hunch at this point – involves a criminological phenomenon called legal cynicism. Multiple studies have demonstrated that, controlling for other factors, when communities view the police and criminal justice system as illegitimate, they become more violent. When people believe the system is unwilling or unable to help them, they are more likely to take the law into their own hands, creating the cycles of violent retribution that were chronicled so vividly last year in Jill Leovy’s Ghettoside.
Therefore, it should come as little surprise to our readers that a female police officer in Chicago has been hospitalized after being "severely beaten" by a violent criminal primarily because she was afraid to use her firearm because of the national backlash she may have faced as a result. The encounter happened yesterday on Chicago's violent West Side when cops responded to a car accident. The attacker, apparently under the influence of drugs, launched a brutal attack against responding officers that resulted in three cops being hospitalized. Per ABC:
"She thought she was going to die. She knew that she should shoot this guy, but she chose not to, because she didn't want her family or the department to have to go through the scrutiny the next day on national news," Supt. Johnson said.
"It is terrible. It is total disregard for law enforcement. They put their lives forward every day for us and to see somebody do this, to pummel the police officer is terrible. It is a terrible thing," business owner Louie Rainone said.

Of course, this story won't get the kind of national media attention it deserves because it doesn't really fit the narrative that cops are "implicitly biased."


While we're at it, we have to ask once again, whether comments like these by Obama might cause people to "view the criminal justice system as illegitimate"?
September 2014 Comments at the Congressional Black Caucus Awards Dinner - “Too many young men of color feel targeted by law enforcement, guilty of walking while black, or driving while black,judged by stereotypes that fuel fear and resentment and hopelessness. We know that, statistically, in everything from enforcing drug policy to applying the death penalty to pulling people over, there are significant racial disparities.
November 2014 Comments Regarding Ferguson grand jury decision - “The law too often feels like it’s being applied in a discriminatory fashion….Communities of color aren’t just making these problems up….These are real issues. And we have to lift them up and not deny them or try to tamp them down.”
May 2015 Comments at Lehman College - The catalyst of those protests were the tragic deaths of young men and a feeling that law is not always applied evenly in this country. In too many places in this country, black boys and black men, Latino boys, Latino men, they experience being treated differently by law enforcement -- in stops and in arrests, and in charges and incarcerations. The statistics are clear, up and down the criminal justice system; there’s no dispute.
But, rather than have the difficult conversations it's probably better to just keep blaming lack of gun control even though basically all of the states with the lowest homicide rates per capita in the country inexplicably received "F" grades on their gun laws from the Law Center To Prevent Gun Violence. Meanwhile, Chicago has perhaps the most restrictive gun laws but the highest homicide rate. But who needs facts when you have a "narrative"...stories are much more fun.
 

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Trump now ripping apart the GOP and bring control of congress into ? .. full success for the imposter!!

just a shit show to help the status quo/globalist/big government/fed good liberals as has been obvious from the beginning and looking at his history..
 

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He is really is gonna tank the down ballot hard.

Stupid something like this would do him in but he was gonna implode eventually.
 

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Just blows my mind "they" can pull this off so easily.. if you told me a few years ago Hillary post obama a lock woulda laughed histericaly at you.. Hillary globalist F the constitution status quoer will be final nail in the coffin for america as we knew it .. as we continue our creepy crawl towards Mexico north.. us middle class whities who see the light just gonna have to flee or live with it Lol..
 

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Just the road she got was unbelieveable. Starting to set in she is gonna walk in.

Bernie then Trump, you couldn't make that up.

Wonder how long they were sitting on that tape. I bet it was awhile. Release it 2 days before 2nd debate.
 

bushman
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The Establishment will do anything to stop Trump, he doesn't belong to them.
Donald Trump belongs to the American People who voted for him and the establishment hate him for that

Will be interesting to see how much of Clintons infidelities come out live on Sunday night

Will she cancel, citing health reasons, or will she stand up and trade blows, lol
 

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I think Musk's love affair with WS bankers is approaching end point. There are probably still people wiling to finance this dog but not at this price level. If it can't retake $200 level tomorrow with Musk usual bumping tweets over the weekend, look out for more downside.
 

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Trump starts swinging at bubba.. circus time..
 

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Long winded explaination of the west turning Japanese...

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[h=1]The Economic "Recovery" Feels Weak Because The Great Recession Never Really Ended[/h]With the worst of the great recession, supposedly, behind us, The Real News Network's Kim Brown notes that many economic analysts still see signs that we’re not yet completely out of the woods. A new report released Wednesday by the International Monetary Fund shows that some banks in the United States and Europe may not be strong enough to survive another downturn, even with States assistance.


KIM BROWN, TRNN: Joining us from New York is Michael Hudson. Michael is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His latest book is Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. Michael, thanks again for joining us.
MICHAEL HUDSON: Its good to be here. But we can’t get out of the woods.
BROWN: Okay, let’s get into that. The IMF report on financial stability says, in spite of banks being stronger now than before the economic crisis of 2007-2008, about twenty-five percent of US banks and about a third of European banks are too weak to even benefit from a potential rise in interest rates and any recovery aid, should the global economy take a downward turn. But before we get into any specific questions about the health of banks, Michael, are we still in a recession or are we firmly in a recovery now?
HUDSON: We are not in a recovery and we’re not really in a traditional recession. People think of a business cycle as a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can’t revive. The reason is that every recovery since 1945 has begun with a higher, and higher level of debt. The debt is so high now, that since 2008 we’ve been in what I call, debt deflation. People have to pay so much money to the banks that they don’t have enough money to buy the goods and services they produce. So there’s not much new investment, there’s not new employment (except minimum-wage “service” jobs), markets are shrinking, and people are defaulting. So many companies can’t pay their banks.
The banks’ product is debt. They try to tell customers that “debts are good for you,” but the customers can’t afford any more debt, so there’s no way the banks can continue their current business plan. In fact, there’s no way that banks can be paid everything that they’re owed. That’s what the IMF doesn’t follow through its analysis, by saying, “Look, the banks are broke because the financial system is broke; and the financial system is broke because the whole idea of trying to get rich by running into debt doesn’t work.”
It was a false model. So really, we’re at the end of long cycle that began in 1945, loading the economy with debt. We’re not going to be able to get out of it until you write down the debts. But that’s what the IMF believes is unthinkable. It can’t say that, because it’s supposed to represent the interest of the banks. So all the IMF can say is to wring their hands over the fact that the banks won’t make money even if there is a recovery.
But there really isn’t a recovery, and no signs of it on the horizon, because people have to pay the banks. It’s a vicious circle – or rather, a downward spiral. Basically, the IMF economists are just throwing up their hands and admitting that they don’t know what to do, given the limits of their tunnel vision.
BROWN: Well, Michael, help us figure out why growth has been so weak over these past eight to six years or so.
HUDSON: If you take the average family budget – and I’ve said this on your show many times –we can go through the numbers. If you have to pay about forty to forty-three percent of your income for housing, you also have to pay fifteen percent of your paycheck for the FICA for Social Security wage withholding. You have to pay medical care, you have to pay the banks for your credit card debt, student loans. Then you only have about twenty-five or thirty-five percent, maybe one-third of your salary to buy goods and services. That’s all.
The problem here is that the way you get a job is with a company that sells goods and services. The companies aren’t hiring, because consumers don’t have enough money to buy the goods and services.
We’re in a chronic debt-deflation.There’s no way we can recover unless you write down the debts. And that’s what the IMF basically is implying (and it was explicit regarding Greece), but its not spelling it out, because that’s not what can be said in polite company.
BROWN: Michael the headline from MarketWatch about this IMF report, it reads, “Forget too big to fail. The big concern is banks too weak to survive.” If big banks almost capsized the global financial system, are weaker banks actually better for consumers?
HUDSON: Banks that are very narrow and do what banks used to do (before President Clinton abolished Glass-Steagall in 1999). Small banks that lend to consumers are fine. Most banks – with Deutsche Bank at the top of the spectrum here – have decided that they can’t make money lending to barrowers anymore, so they’re going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.
A derivative is a bet on whether a stock, or a bond or a real estate asset, is going to go up or down. There’s a winner and a loser. It’s like betting on a horserace. So the biggest bank lending for gambles – not for real production, not for investment, but just for gambles – was Deutsche Bank. Borrowers borrowed from Deutsche Bank to gamble.
What’s the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it’s wringing its hands and saying, “Oh the speculators are killing us.” But it’s Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.
BROWN: Michael, the IMF report says that in the Eurozone, if the Eurozone governments could help banks dump their bad loans, it would have a positive effect on bank capital. What would be the effect on consumers in the EU economy, at large, if banks were able to just dump these bad loans?
HUDSON: Its really very simple mathematics. You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That’s the price that the Eurozone thinks is well worth paying. It’s the price that it thought Greece is worth paying. To save the banks, you would have to turn the entire Eurozone into Greece.
You’ll have to have the governments sell off all of their public domains; sell off their railroads, sell off their public land. You’ll essentially have to introduce neo-feudalism. You’ll have to roll the clock of history back a thousand years, and reduce the European population to debt slavery. It’s as simple a solution as the Eurozone has imposed on Greece. And it’s a solution that the leaders and the banks are urging for responsible economists to promote for the population at large.
BROWN: Let’s talk about the other little nugget of information released by the IMF about debt. Global debt has now reached about a hundred and fifty-two trillion dollars. This includes government debt, household debt, non-financial firms’ debt. What does all this debt mean for the global financial system and for everyday people here, Michael?
HUDSON: It means that the only way people can repay the debt is by cutting their living standards very drastically. It means agreeing to shift their pension plans from defined benefit plans – when you know what you’re going to get – into just “defined contribution plans,” where you put money in, like into a roach motel, and you don’t know what’s coming out.
To save the banks from making losses that would wipe out their net worth, you’ll have to get rid of Social Security. It means that you’ll essentially have to abolish government and turn it over to the banking system to run, with an idea that the role of governments is to extract income from the economy to pay to the bondholders and the banks.
When you say “paying the banks,” what they really mean is paying the bank bondholders. They are basically the One Percent. What you’re really seeing right now in the IMF report, in this growth of debt, is the One Percent of the population owns maybe three-quarters of all this debt. This means that there’s a choice: Either you can save the economy, or you can save the One Percent from losing a single penny.
Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy. No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can’t be saved, because of the mathematics that are involved. Debts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it’s all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion?
BROWN: That was my next question for you. Not only how long are people going to be able to live in this illusion, but how much longer is this illusion actually sustainable before we see another collapse of economies around the world? Is this something that is impending, that we should just be expecting to come, we should be readying ourselves for this?
HUDSON: We’re still in the collapse that began after 2008. There’s not a new collapse, there hasn’t been a recovery. Wages for the ninety-nine percent have gone down, steadily, since 2008. They’ve gone down especially for the bottom twenty-five percent of the population. This means that they’ve gone down especially for Blacks and Hispanics and other blue-collar workers. Their net worth has actually turned negative, and they don’t have enough money to get by.
In fact, one of the big consulting firms just did a study of the millennials. Ernst and Young did a study and they found seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can’t pay the health care if they get sick. Seventy-nine percent don’t have enough money to live when they retire. So, already, we’re having a whole generation that’s coming on, not only here but also in Europe, that isn’t able to get good-paying jobs. The only way it can live the life they were promised is if they have rich enough parents who have given them a trust fund.
BROWN: We’ve been speaking with Michael Hudson. Michael is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His latest book is Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. Michael, you said you had another book coming out, is that right?
HUDSON: Yes, later this month. It’ll be J is for Junk Economics. And it’s a review of why the economists promise that somehow we’ll recover. Why this is basically junk, and why in order to be an economist these days, you have to participate in this fairytale that somehow we can recover and still make the banks rich. And it is a fairytale. J is for Junk Economics is about why it won’t work.
BROWN: Coming to a bookstore, near you, later this year. Michael, we appreciate you lending your time and expertise to us, as always. Thank you.
HUDSON: It was good to be here.
BROWN: And thank you for watching The Real News Network.
 

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Rough start but he won it in the end ... trump only good when it becomes who's the bigger scumbag debate as it was tonight after the tape.. when issues front and center like first debate he gets killed...

Still highly doubt there enough pissed off F the establishment I care not about Donald the man.. whities to pull it off
 

bushman
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west turning Japanese...

We're only going partially Japanese
Japan is an egalitarian society where you can at least get a decent(ish) job and pay the bills with a decent wage

No such buffer for the West, which means political and social instability are inevitable, as we are observing at the moment in various western democracies

They have an in-it-together system, we have a fuck-you system

If you watch a program about Japan on the TV and they're in a train station, there's a whole bunch of folk wearing hats and white gloves who do all sorts of little jobs which are long gone in the West, these jobs are a part of spreading the wealth about, helping Japanese people and fostering social stability in Japan
 

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Agreed the people are also fiscally responsible themselves and have a high savings rate..

the end result for the average joe will be much much worse in the west...
 

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[h=1]Paper reveals soda's controversial relationship with health groups[/h](CNN)A provocative new research paper has unmasked how many health organizations received funding from the nation's two largest soda companies in recent years, and the findings have left researchers shocked.

The Coca-Cola Co. and PepsiCo recently sponsored at least 96 national health organizations at the same time the companies were lobbying against public health bills intended to reduce how many sugary sodas people drink, according to the paper published in the American Journal of Preventive Medicine on Monday.
The sponsorships could have influenced the health organizations' support of various public health measures intended to reduce obesity by limiting soda consumption, said co-author Dr. Michael Siegel, professor of community health sciences in the Boston University School of Public Health.
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"We were surprised to see that many of these health groups taking Big Soda money were silent on public policies to reduce soda consumption, such as soda taxes," Siegel said.
"Clearly, the soda companies are using sponsorship of medical and health organizations to promote their public image, mute the support of these organizations for policies like soda taxes that would decrease soda consumption, and in the long run, to increase soda consumption," he said. "Sponsorship is a well-recognized marketing strategy whose primary function is to increase the bottom line: improve company image and increase product sales."
In response to the paper, the American Beverage Association issued a written statement on behalf of Coca-Cola and PepsiCo, noting that "beverage companies have a long tradition of supporting community organizations across the country. As this report points out, some of these organizations focus on strengthening public health, which we are proud to support."
[h=3]Soda and health[/h]Siegel and Daniel Aaron, a medical student at the Boston University School of Medicine, conducted Internet and database searches for public records indicating the sponsorships of public health groups and lobbying expenditures of Coca-Cola and PepsiCo from 2011 to 2015.
"We examined Coca-Cola and PepsiCo because they are the top two soda companies in the United States. We wanted to explore their sponsorships in detail, so we didn't explore the smaller companies," Siegel said.
The researchers discovered that the two companies sponsored numerous national health organizations, some of which had a specific mission to reduce obesity or promote healthy nutrition and research, such as the American Diabetes Association and the Juvenile Diabetes Research Foundation.
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New study links diet soda to belly fat 03:36

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Due to the amount of sugar they contain, soda beverages have been associated with an increased risk of obesity, type 2 diabetes, heart disease and possibly heart failure.
However, the Juvenile Diabetes Research Foundation said in a written statement that the sponsorships received were for individual, local fundraising activities and initiatives -- and noted that the foundation itself supports research for type 1 diabetes, an autoimmune disease.
"It is a common misconception that type 1 diabetes is caused by diet or lifestyle choices," the statement said.
The American Diabetes Association did not reply to a request for comment.
Additionally, the new paper suggests that the sponsorships occurred while the soda companies lobbied against 29 public health bills. Twelve of the bills were soda taxes, four involved regulations on the federal Supplemental Nutrition Assistance Program, three were regulations on advertising, one involved a soda portion limit for New York, and one proposed health warning labeling on sugary drinks.
Between 2011 and 2014, Coca-Cola spent an average of more than $6 million per year on lobbying, PepsiCo spent more than $3 million annually, and the American Beverage Association spent more than $1 million, according to the paper's findings.
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How diet soda confuses your body 01:52

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In its statement, American Beverage Association Vice President of Policy William Dermody Jr. noted that beverage companies, including Coca-Cola and PepsiCo, are making an effort to improve public health.
"We are making a difference through the voluntary actions we are taking to reduce calories and sugar from beverage consumption -- and by working together as competitors. Through our efforts, we've engaged with prominent public health groups on how best to help people moderate their calories in what is the single-largest voluntary effort by any industry to address obesity," the statement said.
"Yes, we may disagree with some in the public health community on discriminatory and regressive taxes and policies on our products. But, we believe our actions in communities and the marketplace are contributing to addressing the complex challenge of obesity. We stand strongly for our need, and right, to partner with organizations that strengthen our communities."
[h=3]'This is co-optation'[/h]Some health organizations mentioned in the new paper, such as the American Academy of Family Physicians, have ended their partnerships with soda companies since last year.
However, the paper still sheds light on the extent of soda companies' funding of health groups, said Marion Nestle, a professor of nutrition, food studies and public health at New York University, and author of the book "Soda Politics: Taking on Big Soda (and Winning)."
"Funding these groups buys their silence. ... It also allows them to pretend to care about public and community health while lobbying behind the scenes to prevent regulation and spending fortunes on fighting soda taxes and other public health measures," said Nestle, who was not involved in the paper.
"This is co-optation -- the capture of health organizations in the interest of these companies," she said. "It is very much in Coke and Pepsi's interests to have health professionals say nothing about the health benefits of drinking less soda and remaining silent on soda tax initiatives."
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As the new paper focused on only two soda corporations, an accounting of how much funding has been invested by all sugary beverage companies toward health organizations may yield larger numbers, said Laura Schmidt, a professor of health policy in the School of Medicine at the University of California, San Francisco.
"We have long known that the sugary beverage industry, like the tobacco and alcohol industries, invests enormous resources in efforts to build relationships with health provider organizations, professional societies and governmental agencies. But this paper gives one of feeling for the sheer scope of this enterprise, and it is vast," Schmidt said.
Schmidt was not involved in the new paper, but she was a co-author of a historical analysis published last month that claimed that the sugar industry sponsored research to cast doubt about sugar's health risks in the 1960s and 1970s.
"These soda giants wouldn't be doling out the money if they didn't want something in return," Schmidt said of the findings in the new paper. "At a minimum, they may want to use their ties to these organizations to put a health halo around their products. At worst, they are co-opting these organizations in ways that could have them putting profits over public health."
 

bushman
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No different here in the UK

"Have an egg for breakfast" adverts were stopped by the government in the UK but "give your child corporate chocolate shite for breakfast" adverts are fine
 

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Macro data continues to unravel.. still 18 long trading days left to keep it afloat for queen Hillary... and lots of earnings reports next 3 weeks... market just feels ready to dump but hanging around/propped up till they get status quo in there.. world becoming to unstable to allow unpredictable trump in there...

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Stocks, USDJPY Plunge After Dismal China Trade Data

Following an unexpected plunge in China's trade balance (to 6 month lows), US equity futures and USDJPY are tumbling as Yuan turmoil ripples through markets once again.
Misses across the board in China trade data...

  • China Yuan Exports -5.6% YoY (exp. +2.5%)
  • China Yuan Imports +2.2% YoY (exp. +5.5%)
  • China Trade Balance 278.35bn (exp. 364.5bn)
  • China USD Exports -10.0% (exp. -3.3%)
  • China USD Imports -1.9% (exp. +0.6%)
  • China USD Trade balance 41.99bn (exp. 53.00bn)
*CHINA TRADE STILL FACES GREAT UNCERTAINTIES: CUSTOMS' HUANG

Sparked chaotic trading in Yuan as offshore selling pressure accelerated post Golden Week...

And spread to USDJPY and implicity US equity futures...

USDJPY dropped a whole big figure erasing the gains of the day...
 

bushman
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Donald Trump:
"When the media does what they're doing now, that's rigging the system... The election is rigged."

http://www.bbc.co.uk/news/election-us-2016-37664449


No shit sherlock, lol. Intruiging to watch though.

Is there any single large media outlet in the entire USA which supports Trump?!?

The US Presidential Election is now just like the Russian Presidential election, the entire media supports one side, the Putins and the Clintons are the only game in town

Long live Democracy!:dancefool
 

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