TURKEY’S ERDOGAN GOES ALL IN 5-24-2017

One thing you can say about Turkey’s Erdogan is he is playing the Restored Ottoman Empire card to its logical conclusion. Besides having his bodyguard/thugs pound peaceful Kurdish demonstrators badly enough they needed to go to the ER, he has shown he is quite willing to seize as much of Northern Syria as he can get away with. Turkey, besides being a known supporter of ISIS, has engaged in routine military actions against Kurds inside of Syria. Turkey has shelled them with artillery, sent troops in to kill them, and bombed them with its F-16’s. Turkey is a NATO member, which means NATO has been directly engaged in attacking Kurdish forces that have been fighting ISIS. Erdogan has now been voted in as dictator, if not for life, at least until 2026 or so. The man really does think he is the new leader of a restored Ottoman Empire, and he really is willing to take any actions he can to make that happen.

Erdogan is now rolling the dice and moving in for the final kill of any Kurds in Syria who dare to not knuckle under to his military and political goals. The link below shows just how far Erdogan is willing to go to occupy Northern Syria and annex it to Turkey itself.

http://en.farsnews.com/newstext.aspx?nn=13960303000841

Turkey to Form 10,000-Fighter Army to Battle Kurdish Forces in Northern Syria

TEHRAN (FNA)- Sources in the Free Syrian Army (FSA) militant group disclosed that Ankara is about to form a new army of 10,000 FSA fighters to take part in battles against the Kurdish forces in Northern Syria.

The sources were quoted by the Arabic desk of Sputnik as saying that Turkey has a plan to form a new 10,000-member army from the Ankara-backed FSA militants to use them in battles against the Kurdish forces in a vast region staring from Jarabulus in Northern Aleppo to Idlib.

The sources added that the FSA militants are due to go under a 3-month training course and a further 45-day training by the Turkish Special Forces.

Sputnik went on to say that the FSA members that are to go under training will receive $300 as their monthly salary, while the Turkish side will also provide the FSA fighters with food and housing.

The sources told Sputnik that the operations in the towns of Afrin, Manbij and Tal Abyadh is the main objective of this new army.

Meantime, the people in al-Bab city in the Northern parts of Aleppo rallied to protest at the Turkish army and its allies’ deployment in the region.

Local sources in al-Bab reported on Monday that people held protest rallies in Sheikh Aqil district of al-Bab which was occupied by the Turkish army and Ankara-backed militants.

They added that tens of people in the region carried placards to protest at Ankara and President Recep Tayyip Erdogan’s policies.

They also chanted slogans including “Erdogan listen! We don’t obey your cruel army. This place belongs to us”.

The rally was held after Turkey’s Deputy Prime Minister Veysi Kaynak said the country was considering establishing a base near the Syrian city of al-Bab.

Kaynak said location of the base currently being considered by the Turkish General Staff was Aqil Hill, West of al-Bab.

The Turkish military established a temporary base at the strategic site after capturing it in February and was considering turning it into something more permanent since.

Speaking after a trip to Bosnia and Herzegovina, Kaynak added that Turkish military presence in the area was reduced from 8,000 at the peak of the Operation Euphrates Shield to 1,500.

Turkey sent its military into Syria in August last year to prop up local militias allied with Ankara against ISIL and Kurdish forces. The confrontation with Syrian Kurd militias, which Turkey considers an off-shoot of the Turkish-based militant movement Kurdistan Workers Party (PKK), put Ankara at odds with the US.    

The next link indicate the level of US support for the Kurds who will likely be fighting this new Turkish force in a few months.

http://www.rudaw.net/english/middleeast/syria/24052017

Over 100 trucks loaded with US arms, ammo arrive in Syria’s Rojava – Turkish media

ERBIL, Kurdistan Region— A new batch of US arms and ammunition has arrived in the Kurdish controlled city of Hasaka, second such shipment in two months, Turkish media reported Tuesday.

The shipment, loaded on trucks and military vehicles, consisted of anti tank weapons, MK19, M4 Cabrine, M16 and Humwees and crossed the Semelka border into Syria from the Kurdistan Region on two separate occasions, May 15 and May 20, the media reports said. The US-led coaltion and the SDF haven’t yet announced the delivery.

 

According to multiple Turkish media outlets, the shipments were delivered to the Syrian Democratic Forces (SDF), an umbrella group which also includes the Kurdish People’s Protection Units (YPG).

 

US President Donald Trump has approved a plan to arm the Syrian Kurdish fighters — an important U.S. ally in Syria in the fight against ISIS.

The Pentagon has said the move is significant because it supports the notion that the SDF is the fighting force that will eventually go in to Raqqa city in Syria’s center which has been under ISIS control since 2014.

The move reinforces the idea that the entire Syrian Democratic Force, Syrian Kurds (YPG) and the Syrian Arab Coalition, has the backing of the U.S. 

“The (Syrian Democratic Force), partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future,” chief Pentagon spokesperson Dana White said in a statement on May 8 after signing the deal to arm the SDF.

No final dates have been set for the Raqqa offensive yet.

Turkey, a key US ally, sees YPG as a “terrorist” organisation and has vehemently opposed Washington’s intentions to include the Kurdish group in the operation. Ankara has instead proposed using the formation of Syrian rebel factions under the umbrella of its Euphrates Shield operation to launch the offensive.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

 

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COMEY IS ROYALLY SCREWED 5-18-2017

It is with great joy I can write that former FBI Director Comey is now hoisted upon his petard. The man who destroyed the rule of law in the USA by refusing to investigate clear corruption by Hellary the Shrew, her AG lapdog, Lynch and other examples of evil too numerous to mention, is now facing perjury charges. Of course, this assumes the spineless, gutless, RINOS have the cajones to truly go after him. Comey was fired by POTUS Trump for gross negligence and incompetence. Comey, using Deep State media shills, then leaked various memos saying that Trump told him to stand down on the Flynn investigation relating to Russia. Comey also implied that Trump told him to stand down on the investigation into Russian interference in the 2016 election. Obviously these charges by Comey are serious and potentially devastating to Trump if they are true. They are not true and reveal the hysteria and squalor of the Deep State, the Democrats, and Comey himself.

Comey testified before Congress on May 3rd, 2017. During that testimony, under oath and subject to perjury charges, Comey stated that Trump had not obstructed either the investigation into Flynn, or the Russia. The Deep State then got a Special Prosecutor appointed to investigate so-called Russian election hacking. Unfortunately for Comey, he can’t have it both ways. He can’t say on May 3rd Trump didn’t obstruct him, and now say, in his famous leaked memo, that he did. The link is here.

http://www.thegatewaypundit.com/2017/05/smoking-gun-comey-testified-oathtrump-never-pressured-fbi-halt-investigations/

SMOKING GUN=> Comey Under Oath: Trump NEVER Pressured FBI to Halt Investigations “It’s Not Happened”

Former FBI Director James Comey testified under oath May 3rd that the Trump administration had not pressured his agency to halt any investigation for political purposes.

The bottom line for the disgraced Comey is he has now openly committed perjury in his testimony before Congress. Comey can’t have it both ways. If Trump obstructed the FBI, then Comey should have said so on May 3rd. The fact Comey is now saying he did means he was negligent in not reporting it on May 3rd. The leaked memo sent to the Deep State media sources is clearly a lie designed to embarrass Donald Trump. As such, it is actionable under libel and slander laws. Further, it is actionable under laws relating to the release of secret information, much as Hellary was likely to be charged for her email server. At any rate, Comey is now totally subject to criminal prosecution for fraud, corruption and leaking of false information.

In other news, we see again why Trump’s immigration measures against terror are a great idea designed to keep American citizens safe. It was only a matter of time before the USA was hit with a vehicle terrorist act. The link is below.

http://www.thegatewaypundit.com/2017/05/photos-suspect-times-square-attack-12-injured-one-dead/

http://www.thegatewaypundit.com/2017/05/speeding-car-strikes-10-pedestrians-times-square-least-one-person-dead/

While the driver certainly appears, at least to me, to be dark skinned and possibly of Middle Eastern descent, the usual PC media rules apply. These are: if the person is a minority then you can wait hours for that fact to be announced by the media; however, if it is a white, preferably a deplorable wearing a MAGA hat, then that info is immediately released. The longer it is before this info is released will mean we are dealing with a terror attack. Again, it could be a drunken fool we are dealing with here.

The final blog comment relates to the endless games our neo-con warmongers, now infesting the Trump administration, play in Syria.  I guess Israel stating they want to murder Assad Junior, or Erdogan’s thugs beating up Kurdish protest marchers in our capital wasn’t enough to get things fired up. Trump goes to the Middle East on a peace trip, and the neo-cons bomb Assad’s troops. Yep, no connection there at all.

http://www.thegatewaypundit.com/2017/05/breaking-us-coalition-air-strike-hits-pro-assad-forces-southern-syria-video/

 

The U.S. military carried out an air strike on Thursday against militia supported by the Syrian government who had moved against U.S.-backed fighters in the country’s south, a U.S. official told Reuters on Thursday.

The official, who spoke on condition of anonymity, said the strikes took place near the town of At Tanf and followed warning shots by U.S. aircraft meant to dissuade the fighters.

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP OKAYS CHINESE CHICKEN IMPORTS 5-13-2017

About the time Trump does something correct, like sack the traitor Comey, he then does several things wrong, like meeting with the war criminal Henry Kissinger, or opening the USA to imports of toxic Chinese food. My opinion on Comey is buried on this site, from about July of 2016 I think, so I have no issue with Trump sacking that scumbag, nor do I find the hysterical Democratic reaction to it anything but comic entertainment. I was in the US Army back during the original “Saturday Night Massacre” with Nixon and Archibald Cox, so to compare Trump firing Comey to Nixon firing Cox is just another example of Marxist folly.

Trump is willing to allow the import of food products from a China that has produced multiple examples of toxic, lethal food and drug products that have KILLED PEOPLE. This ranges from toxic pet food, toxic milk products, toxic blood pressure medicine among other things. And Trump now wants to import “cooked poultry” and unleash this Chinese filth on grocery store shelves. Trump has gone over the line on this for me: I am definitely off the Trump train. The combination of allowing toxic Chinese food products to be sold in the US, along with a brazen Oval Office meeting with a WAR CRIMINAL LIKE HENRY KISSINGER IS SIMPLY TOO MUCH FOR ME. Kissinger is the one who sold out South Vietnam, the Kurds in Iraq, and the people on East Timor.  Kissinger is personally, directly responsible for creating policies that led to the deaths of millions of people in South East Asia, and Iraq for starters. For Trump to meet with him, at the White House is intolerable to me. Face it, Trump is now full neo-con warmonger mode and has sold out to the Deep State.

Anybody who buys and eats ANY Chinese food product is taking their life in their hands. If you don’t believe me, then do some research on how many people Chinese food and medical products have killed over the years. In fact, the idea of importing chickens from the place where the bird flu began is the kind of thing only Trump would think of. I mean are you going to trust you, or your families lives, to Chinese food inspectors and quality control? Seriously? Trump just okayed Chinese food products to be sold when he knows China produces such food products on toxic, contaminated soil, using toxic water, and under conditions of maximum filth and disease. People, why do you think it is China where the bird flu began? It is because they are where the pollution is, the corruption is, and the filth is. You are going to eat a cooked chicken, grown in a filthy, disease ridden “farm,” and processed in a plant full of bacteria and virus? Well, it is called the Darwin Award for a reason. Consider yourself warned, assuming Trump has them even label the “processed poultry” as made in China. All this means for me is I will be even more diligent regarding so called food products from China. As for Trump, I think the Marxists are going to hound him to death and pull him down like a pack of wolves on a Bison. If all I can get out of him is some more conservative judges, some pedophile investigations, and some EO’s repealing the worst of Obama’s folly, then that is the best I can hope for. Trump is no different than Hellary on Syria, Afghanistan, Ukraine, and will likely bait Little Fat Boy into a Korean War. All in all, Trump has fallen prey to his New York City cabal of Kushner and Ivanka, the banksters, Wall Street Whores, and assorted globalist stooges with little prospect that will change. Just don’t eat the Chinese chicken, realize Trump is a loud mouthed, ego driven, New York City huckster, and we will at least have fun until the end happens. Trump is still better than Hellary, but he has proven to be a major sell out  on so many levels.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

YOU CAN KISS FRANCE GOODBYE! 5-7-2017

The failure of Le Pen to be elected in France means France will now undergo the final spasms of collapse on all levels. Granted, the election fraud was clearly visible, with the torn ballots among other things. It is also true most French voters didn’t even bother to vote, and of those who did vote for Macron, nearly one half of them were in reality voting against Le Pen. This means Macron, the globalist stooge, doesn’t really have a very large base of support. It will be interesting to see the results of the June elections to see what kind of politicians Macron will have to deal with. One possibility is for Le Pen’s party to win significant support in the French Parliament. Now, that would be interesting to see how that plays out. It would be like the liberal version of Ronald Reagan, with the House and Senate being controlled by Democrats. We shall see, but this is a dark day in France.

The links to various news stories are here.

http://www.dailymail.co.uk/news/article-4482380/Emmanuel-Macron-set-France-s-youngest-president.html

https://www.yahoo.com/news/third-french-voters-spoiled-ballots-abstained-232518210.html

 

Here are some comments I made over at timebomb.

First, France isn’t going to make it to the next election cycle in 2022 or whenever. Second, the social collapse will now speed up significantly. Third, the structural abyss between Le Pen’s supporters and that globalist stooge Macron will now be solidified. Fourth, Macron may very well be destroyed in office over the next six months as further revelations of corruption are exposed. Fifth, Le Pen is now fully in control of the police, the paramilitary and military in France. Assuming the collapse gets worse and speeds up, which is certain, I do not rule out a military coup d’ etat in France.

The muzzies are going to go nuts now. Since Le Pen was crushed, with widespread voter fraud and election corruption, Macron has lost all credibility, especially as the corruption scandal gains traction.

France is now a bitterly divided nation, with the actual people who have guns, firmly in support of Le Pen. It is a sad day for France. The abyss looms for them all. Macron will no doubt have to deal with increased terror attacks, and the military and police may very well turn on him without mercy. De Gaul came to power on a nationalist salvation platform back in the 1960’s. This was shortly after a coup attempt from a military pissed off about the loss of Algeria.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

Something Macron should keep in mind is the majority of police, paramilitary and active duty military voted for Le Pen. Decisive majorities in all three groups in fact. This means their is SERIOUS DISCONNECT between the new globalist, muzzie loving, terrorist attack tolerating Macron and his intelligence and military forces. Housecarl, all revolutions require three things to prosper.

First, they must have the aid of a foreign power who supports them for their own reasons. The American Revolution was won due to French support to screw with the English. Cornwall was trapped at Yorktown between Washington’s land forces and the French fleet off shore.
Second, they need a secure area to regroup, resupply and avoid being bombed to pieces.
Third, they need the active support of 10 percent of the total population, along with the tacit support, or at least tolerance of another 25 to 50 percent. The final fifty will be split between people willing to fight them, and people who are neutral. The US Revolution had 5 percent actively fighting, another 10 to 15 percent in support, another one third as tories, and about 40 percent trying to duck and cover.

If France goes into full meltdown mode, which is now confirmed in my view, Le Pen will have a solid ten percent support, plus the armed support of nearly 2 out of 3 active duty military, police, and paramilitary. I am saying, Housecarl, that when, not if, when the Muzzies go into full meltdown, terror attack mode, it will be the military, police and para military types who will DIE FIGHTING THEM. Ergo, Macron will not be a credible military anti terror leader and the above forces “may” decide that he needs to go, just like the French military and Foreign Legion decided the civilian government in France that abandoned Algeria “needed to go.”

Again, it is all about WHO IS TRAINED WITH FIREARMS AND WHO HAS THEM. For one thing, I remember that France just passed a law, I think, creating a 100,000 strong “home guard” type of force, that will be 100 PERCENT PRO LE-PEN.

Oh yeah, car bombs, suicide bombs, truck drivers smashing into school buses and Macron may find himself removed from power, and when the Muzzies riot, to quote Napoleon, ” a whiff of grapeshot” will be headed their way.

The only thing this election did, besides confirming the massive corruption of Macron and the election officials, is to convince the above groups that political change is not possible, and when they make that decision, then revolutions happen.

Doomer Do

PUTIN TRUMPS TRUMP IN SYRIA 5-4-2017

Trump isn’t really doing very well this week. First, he got played by Lying Ryan, Schumer and gang into abandoning his core promise of building a border wall. Sorry, but that ain’t going to happen, so we can just add it to the long list of betrayals Trump has done his first 100 days. Still, I voted for him, had some hope for him, and am bitterly frustrated Trump turned out to be a New York City, Liberal Democrat, with a big mouth and an  even bigger ego. I guess Trump won’t figure out how badly he has damaged himself until he goes to one his rallies and nobody shows up.

If there is one foreign policy place where Trump staked his reputation, it was Syria. After all, as after dinner entertainment for the Chinese Prime Minister, Trump sent 60 missiles to blow up a Syrian Air Base, based on flawed intelligence from the alphabet agencies that despise him, and lie to him daily. The result was the real adults in Syria; namely, Iran, Russia, Turkey and Assad decided they had enough of Trump’s ego. The result is today’s press release saying that Iran, Turkey, Russia and Assad have now subdivided Syria into “no fly zones,” and the US is no longer a factor in Syria. Trump, or more likely his neo-con warmongers filling his cabinet and agencies, must not have got that memo. Assuming Trump is even being notified of what his neo cons are up to, which is questionable, the US has now deployed significant military assets DIRECTLY ON THE TURKISH BORDER WITH NORTHERN SYRIA. In other words, the US is now in a proxy war with a NATO member run by a raving lunatic, Erdogan, who just got voted as dictator until 2026. Yep, Trump sure negotiated a good deal out of that one.

Putin, well Putin is licking his chops, Iran is sneering at us, and Turkey is digging new artillery positions on its  border in preparation for the war they know is coming in Syria. The whole reason all of this overthrow Assad Junior stuff started was because the globalist, neo cons wanted a oil/natural gas pipeline from Quatar to Europe in order to cut off Russian gas and oil deliveries to Europe. From such globalist mind games, we do end up with shooting wars. Well, Putin has just derailed that completely with his no fly zones that prevent the USA from doing much of anything in Syria. Russian and Iranian COMBAT FORCES are now openly deploying into these no fly zones. You can be sure they will be defended with the S-400 air defense systems, which rules out any more Trump missile attacks, or Israeli bombing attacks, although whether Turkey will keep bombing the Kurds is an open question.

 

Putin is plus one hundred on this, since he has now met all of his goals in Syria. Iran is a plus 200 on Syria, since they not only have met all their goals in Iraq, Syria, but they got that cretin and traitor Obama to pay them several billion dollars in cash and gold. Oh yeah, Iran is a huge winner with this announcement today.

The link is below.

https://www.rt.com/news/387105-syria-talks-safe-zones/

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

Russia, Iran, Turkey sign agreement on creation of Syria safe zones

BYE, BYE MUNICIPAL BOND MARKET 5-3-2017

In between the ongoing social anarchy, Soros funded sedition, congressional folly, looming war with North Korea, we can now add the official collapse of Puerto Rico’s 70 billion dollars worth of debt/bonds. It only takes one rock falling to start an avalanche. While $70 billion, in a sea of derivatives, bonds and debt that rises into the hundreds of trillions, may seem like small fry, Puerto Rico now calls into question the entire US bond market at the city, county, state and federal level. Puerto Rico has brazenly borrowed a truly obscene amount of money, squandered it, and has near zero ability to pay it back from current revenue. Of course, that means Lying Ryan, who has had his corrupt paws over the so called bailout, is going to have to come up with some more money. We see in our liberal cities, and places like the third world cesspool Puerto Rico just what happens after decades of liberal Democratic Party control of finances. The Republicans are equally squalid of course, but it takes a Democratic City Mayor, or governor in the case of PR, to really screw things up.

Obviously, the bonds were mostly sold to pension funds, or bundled into toxic debt bonds, so the people who ended up owning them will get screwed also. What the result of that will be is to call into question whether any municipal bonds can be repaid. It will clearly also limit the ability of government entities, ranging from cities and counties, to utilities, colleges, schools, and pretty much any government blob that wants to fund repair, or overhaul of say, a sewage or water system. Portland, Oregon, after spending a bunch of money to clean up the riot debris, has a school bond for $700 million on the ballot. Well, the backblast from PR may mean the interest rates will be higher. The reason being the risk for people buying municipal bonds  just went up and buyers will charge an interest premium to cover that increased risk. Face it, the USA is, and has been for decades now, functionally in default due to the trillions in UNPAYABLE DEBT. Yes, Virginia, the $20 Trillion Federal debt is never going to be paid off, anymore than the vast amount of student loan debt, or bond debt will ever be. PR is merely the shot over the bow of the USS Default. I see it is being called a “restructuring of debt.” LOL It is a default plain and simple.

The link is here.

http://www.zerohedge.com/news/2017-05-03/puerto-rico-seek-bankruptcy-protection-launching-largest-ever-us-municipal-debt-rest

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

Puerto Rico Files For Bankruptcy Protection In Largest Ever US Municipal Debt Restructuring

Update: PUERTO RICO FEDERAL BOARD FILES BANKRUPTCY CASE IN U.S. COURT

* * *

As per our report last night that following the expiration of the litigation freeze, Puerto Rico’s creditors had filed a barrage of lawsuits against the insolvent Commonwealth a bankruptcy was imminent,  moments ago Puerto Rico’s governor announced the commonwealth will request bankruptcy protection of a portion of the island’s $70 billion in debt, setting up a showdown with Wall Street firms owed billions of dollars, in what will be the largest-ever U.S. municipal debt restructuring and further complicating the U.S. territory’s efforts to pull itself out of a financial crisis.

The Puerto Rico restructuring would be far larger than Detroit’s record-setting bankruptcy, with little to no details how long a court proceeding would last or what cuts would are imposed on bondholders. The island’s financial recovery plan covers less than a quarter of the debt payments due over the next decade.

Cited by AP, Gov. Ricardo Rossello said Wednesday that a federal control board overseeing the island’s finances has agreed with his request to put the debts before a court. He told reporters that he has requested that the U.S. territory’s federal financial oversight board commence a Title III proceeding under last year’s Puerto Rico rescue law known as PROMESA. Title III is an in-court debt restructuring process similar to U.S. Bankruptcy.

“We have reached this decision because it protects the best interests of the people of Puerto Rico,” Rossello said.

“The board has agreed to submit Title III protection immediately and they will submit it.”

According to the WSJ, “the governor said he would petition Puerto Rico’s federal oversight board to invoke a quasi-bankruptcy law that puts its standoff with creditors before a judge. His decision marks the start to what could be a lengthy legal fight as Wall Street watches closely to see how other indebted municipal governments may fare in confrontations with investors.”

As a reminder, Puerto Rico and its agencies owe $73 billion to creditors, dwarfing the roughly $18 billion owed by the city of Detroit when it entered what was previously the largest municipal bankruptcy in 2013.

Finally, Bloomberg notes that the financial collapse promises to impose deep losses on bondholders who for years snapped up Puerto Rico’s securities, even as the government contended with a shrinking economy and chronic budget shortfalls. U.S. states can’t file for bankruptcy, and investors bought the bonds assured that it wasn’t a legal option for Puerto Rico either.

BBG further adds that Rossello’s latest offers to creditors last week shows the commonwealth believes general obligations should receive a better recovery than its sales-tax bonds. The latest proposal offered as much as 90 cents on the dollar to general-obligation bondholders. One such bond due in 2035, was among the most actively traded at a price of 66, up from 64.7 on Tuesday.

PORTLAND SNOWFLAKES RIOTING AGAIN 5-1-2017

SECOND UPDATE: It looks like Downtown Portland really got lit up today by the Soros funded terrorists. One police car destroyed, multiple fires set, much damage to property included smashed windows. The link to PPD Twitter is here.

UPDATE: The Portland Police have now arrested up to 24 rioters. The link is here.

http://www.kgw.com/news/politics/may-day-protests-expected-monday-in-portland-across-us/435436532

The Snowflakes in Portland are at it again. The May First chaos is now unfolding all around me here in downtown Portland. We have several different demonstrations ongoing. We have the illegals, the Snowflakes, the anarchists and the anti-Trump crowd. They are wandering around downtown, screaming “Get out of the Way,” and other slogans. The Portland police have been liberal in their use of flashbangs and tear gas. At least one fire was set by the “demonstrators,” down on 4th and Morrison. Right now, I can hear the police using loudspeakers ordering the rioting mob to disperse. This I can hear as I type this. Like I said, it is all around me. The riot police have deployed several times, and I just heard two more flashbangs. The demonstrators are also using M-80’s in response.

At any rate, I fully expect near total chaos when the warm weather of summer arrives. Soros, the author/funder of all our troubles will make sure of that. Why Sessions hasn’t thrown Soros in jail is beyond me.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU