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NATIONAL NEWS & OPINION

50 STATES AND DC, CONGRESS AND THE PRESIDENT

Trump’s Contribution to Sound Money The source of trade anxiety is a broken global monetary system that distorts price signals with sharp currency moves. By Judy Shelton

The surest way to become alienated from Donald Trump supporters is to invoke the word “global” with regard to trade or economic interests. Even if you embrace the Trump economic agenda for enhancing U.S. competitiveness by lowering taxes and easing regulation, even if you support an “America First” approach for tackling domestic shortcomings from education to infrastructure—there is still a negative stigma attached to proposing any kind of global economic initiative.

Yet by insisting that the U.S. Treasury label China a “currency manipulator” and by promoting trade that is both free and “fair,” Mr. Trump may be laying the groundwork for a significant breakthrough in international monetary relations—one that could ultimately validate the rationale for an open global marketplace and restore genuine free trade as a vital component of economic growth.

The notion that something good might come out of a Trump policy elicits guffaws in certain economic circles. And questioning whether today’s exchange-rate regime serves the cause of beneficial cross-border commerce is tantamount to advocating protectionism. Nevertheless, Mr. Trump’s emphasis on currency manipulation brings into focus the shortcomings of our present international monetary system—volatility, persistent imbalances, currency mismatches—which testify to its dysfunction. Indeed, today’s hodgepodge of exchange-rate mechanisms is routinely described as a “non-system.” Or, as former International Monetary Fund chief Jacques de Larosière termed it at a Vienna conference in February 2014, an “anti-system.”

If monetary scholars once diligently sought to explain the relative virtues of fixed-versus-flexible exchange rates on global economic performance, they have largely abdicated any responsibility for the escalating political backlash against trade that blames currency manipulation for lost business.

No serious economist would claim today that the “dirty float” intervention tactics practiced by numerous countries would be remotely acceptable within the freely flexible exchange-rate system envisaged by Nobel Laureate Milton Friedman. Nor would anyone suggest that any coherent mechanism exists comparable with the fixed-rate system anchored by a gold-convertible dollar that reigned in the decades following World War II. CONTINUE AT SITE

The Clinton Default Mistake Her presidency will use the federal enforcement agencies to entrench political correctness. By Daniel Henninger

The decision to default one’s vote to Hillary Clinton comes in many forms. She is the lesser of two evils. She is the devil we know.

By all accounts, hell is still hell. Before volunteering to spend four years in it, voters about to commit the sin of despair might consider the consequences of a default vote.

The greatest is the economy. Mrs. Clinton will contribute nothing to lift the flatlined aspirations of the eight Obama years.

There is also the matter of Clinton mores, revealed again Monday in a Washington Post story about the way former Sen. Clinton dealt with the economic plight of upstate New Yorkers. Most relevant was the account of Sen. Clinton pushing federal money to the Corning company on behalf of its emissions-reduction technology:

“Corning’s chief executive co-hosted a 2015 fundraiser for her. The company paid her $225,500 in 2014 to speak to Corning executives. Corning also has given more than $100,000 to the Clinton Foundation, its records show.”

Also worth reading are details of the $315,000 eBay gave her for a 20-minute speech last year, but we digress. Our subject is what surely will be the decline and final fall of the American higher-education system under a President Clinton.

The onslaught of political correctness that overwhelmed American campuses the past year may not come up in the presidential debates. But for many voters the campus pillaging of free speech symbolizes a country off the rails.

The New York Times recently ran a piece describing how colleges and universities are experiencing a pull back in alumni giving because of the PC madness. Donations at Amherst fell 6.5% in the last fiscal year. A small-college fundraising organization named Staff reports that giving in fiscal 2016 is down 29% from the year before.

Enraged alumni vent frustration throughout the piece, but one in particular asks, “Where did this super-correctness come from?” There is an answer to that question.

A Clinton victory will empower, for a very long time, the forces now putting at risk one of the country’s incomparable strengths, its system of higher education.

What happened can be explained in one word: diversity. CONTINUE AT SITE

Hillary’s Latest ‘Old News’ Mrs. Clinton has set herself up for an October Surprise.

Funny how the word “email” continues to haunt Hillary Clinton even as she dismisses every new revelation as “old news.” The latest new-old news comes in the release by Judicial Watch of 44 emails from her personal server that Mrs. Clinton failed to turn over in the batch she told the State Department included everything that was work-related. The emails paint a picture of top Clinton aides at State eager to do favors for Clinton Foundation donors.

At the heart of these documents is the glaring conflict of interest that Mrs. Clinton carried into the State Department—and then spread to those around her. Only months after the Clinton Foundation agreed to ethics protocols designed to keep Mrs. Clinton’s department from mixing State with foundation business, these new emails show her two closest aides— Huma Abedin and Cheryl Mills—doing the bidding of Clinton Foundation executive Doug Band.

On April 22, 2009, Mr. Band emailed Ms. Abedin and Ms. Mills to say it’s “important to take care of [name redacted]. The subject line reads: “Fw: A favor.” Far from suggesting the favor was inappropriate, Ms. Abedin responded that the person was on State’s “radar,” and that “personnel has been sending him options.” Shouldn’t Americans know who this person was and why he was so important to Mr. Band?

The ties among Mrs. Clinton, the Clinton Foundation and State would become more incestuous. Two years after Mr. Band sent this email, he founded Teneo, a consulting firm. Ms. Abedin would soon draw a paycheck from Teneo at the same time she was also working for both State and the Clinton Foundation.

Another 2009 email has Mr. Band telling Ms. Abedin and Ms. Mills that “We need Gilbert chagoury [sic] to speak to the substance person re lebanon.” Within hours, Ms. Abedin replies that the “substance person” is Jeff Feltman—the Assistant Secretary of State for Near Eastern Affairs and former U.S. ambassador to Lebanon. A follow up email from Mr. Band urges her to call him “now.”

The email doesn’t spell out what Mr. Chagoury wanted from the ambassador, but let your imagination run. Mr. Chagoury is a Lebanese-Nigerian whose family businesses thrived under Gen. Sani Abacha, the military dictator who ruled Nigeria for years. According to a 2001 British court decision, the Nigerian government agreed not to prosecute Mr. Chagoury and unfreeze his Swiss bank accounts if he paid back millions it claimed had been stolen. CONTINUE AT SITE

US must invest more in advanced computing By Chuck Brooks and David Logsdon,

Over the course of the last year, our writings in The Hill have addressed emerging technology issues including big data, the Internet of Things, automation/artificial intelligence and cybersecurity. Our focus has been the growing implications of these new technologies for both the public and private sectors. There is a common threat that ties all these tech innovations together: the collection, analysis, and utilization of data via advanced computing capabilities, specifically supercomputing and high-performance Computing (HPC).

In today’s world, computing rules almost all that we do. The exponential upsurge of data and its uses directly impact the critical infrastructure of society, including healthcare, security, transportation, communications and energy. Organizing, managing and analyzing data, though, is more important than ever. The U.S. military and the intelligence community depend on maintaining a qualitative edge in processing power that factors in the design, creation and operations of many technologies and programs of national security interest. Supercomputing and the corollary of high-performance computing have become the means mechanisms for those vital tasks.

Seymour Cray is commonly referred to as the “father of supercomputing” and his company, Cray Computing, is still a driving force in the industry. Supercomputers are differentiated from mainframe computers by their vast data storage capacities and expansive computational powers.

The website Techtarget.com provides a strong working definition of HPC: “the use of parallel processing for running advanced application programs efficiently, reliably and quickly. The most common users of HPC systems are scientific researchers, engineers and academic institutions. Some government agencies, particularly the military, also rely on HPC for complex applications.” HPC works hand-in-hand with supercomputing as it requires the aggregation of computer power to address problems and find solutions.

Hillary Clinton’s loose e-lips

Normally, Iran’s execution of a nuclear scientist who gave information to the United States would draw no unusual attention — but this one popped up in Hillary Clinton’s infamous e-mails.

The then-secretary of state discussed Shahram Amiri with several aides in communications kept on her unprotected private server — including just days before he abruptly left America to return to Tehran.

That raises a fresh flood of questions about Clinton’s home-brewed setup — which she insists was well protected but the FBI believes was most likely hacked by “hostile” interests.

Amiri’s is a bizarre case, to be sure. For years, he reportedly provided info from inside Iran about its nuclear program. Then he went missing in Saudi Arabia in 2009, only to resurface a year later in two Internet videos. In one, he claimed he’d been kidnaped and tortured by the CIA. In the other, he said he was free and safe in America.

In July 2010, he appeared at the Pakistani embassy in DC saying he wanted to return to Iran, where his wife and young son still lived. He did so days later and was given a hero’s welcome — before vanishing.

Last week came word Iran had hanged Amiri for treason — having likely lured him home with threats against his family.

In one e-mail to Clinton, just days before he showed up at the embassy, Clinton energy envoy Richard Morningstar urged that “our friend has to be given a way out” and claimed his was a “psychological issue.”

Proper stuff for top folks at State to address — on secure systems, unlike Clinton’s. Even with zero sign that these e-mails contributed to Amiri’s fate, it still underscores just how reckless Clinton was with classified information — a fact she still won’t admit.

And if US enemies did hack her server, this may just be the tip of the iceberg.

Want a job? Give to the Clinton Foundation right away!

Here’s fresh proof that Hillary Clinton can indeed create jobs — for loyal patrons of Clinton, Inc., that is.

Documents released Tuesday by the good-government group Judicial Watch show Clinton’s top State Department people doing favors for Clinton donors.

The information includes 44 e-mail exchanges not previously turned over to the State Department by the ex-secretary or her aides — despite their sworn statements to have shared all records.

In April 2009, then-Clinton Foundation chief Doug Band pushed Hillaryites Huma Abedin and Cheryl Mills to find a position for an associate: It’s “important to take care of [name redacted].” Abedin replies: “We all have had him on our radar. Personnel has been sending him options.”

Without the name, we can’t know who got what job — but other e-mails show Band intervening for a foundation donor.

That same year, he pushed for State to give high-level access to Clinton Foundation donor Gilbert Chagoury, a Lebanese-Nigerian billionaire. Noting that Chagoury is a “key guy there [in Lebanon] and to us,” he tells Mills and Abedin to connect the donor with State’s “substance person” on Lebanon.

Abedin supplies the name: “its jeff feltman,” the US ambassador to Lebanon and later assistant secretary of state for Near Eastern Affairs. And, she says, “Ill talk to jeff.”

Band doesn’t let go: “Better if you call him. Now preferable. This is very important. He’s awake I’m sure.”

Chagoury has a murky past: In a 2000 plea deal on Swiss money-laundering charges, he repaid $66 million to the Nigerian government. But, hey, he also gave at least $1 million to the foundation and pledged a cool $1 billion to the Clinton Global Initiative.

The e-mails show other “employment opportunities”: Big-time Clinton fundraiser Lana Moresky asked Clinton to arrange another hire at State. The secretary told Abedin to follow up and “help” the applicant — and to “let me know” how the job hunt ended.

Tony Thomas Hillary’s Shameless Media Shills

Two political conventions, two grieving parents, two very different presentations of their respective stories. Khizr Khan used the death of his son to lambast Donald Trump and was hailed for his bravery. Patrica Smith directed a similar change against Hillary and was attacked for her partisanship.
The mainstream media, let alone the ABC, no longer even pretends it is providing an unbiased coverage of the presidential quests of Hillary Clinton and Donald Trump.

As a case study in partisan journalism, this piece will look at media coverage of Khizr Khan, the Muslim father whose soldier son, Humayun, was killed in Iraq in 2004 while defending his squad. Then, by way of contrast, I’ll examine the attention given to bereaved mother Patricia Smith, who opposes Hillary Clinton’s bid for the White House. Patricia who, you ask? Exactly! You have likely never heard of her, as she is definitely not part of the media narrative — despite, or because — her son was killed by terrorists who attacked the US diplomatic compound in Benghazi in 2012 during Hillary’s term as Secretary of State. So here we go…

There are not many positive things the media can find about Hillary. Number one, she’s the first female presidential nominee. Second, horrible people call her names like “bitch”[i] and “lock her up”. Third, err, see 1 and 2.

Her term as Obama’s Secretary of State from 2009-13 was marked by endless disasters, such as the premature US pullout from Iraq (2007-11), IRS targeting of conservatives for tax audits (2010-12), and Al Qaeda’s sacking of the US consulate in Benghazi. Her successes? Hmm. I’ll get back to you.

As icing on Hillary’s rancid cake, there was her use of a private email server for State business and her official connivance in the money-making corruptions of husband Bill, who has enhanced the couple’s wealth by $US150 million-plus since 2001 (such as taking $US500,000 from Moscow for a speech in 2010 concurrent with Hillary’s department approving a Russian takeover of US uranium resources). By a further coincidence, Hillary clean forgot her undertaking to Obama to disclose $US2 million-plus gifts to the Clinton Foundation from those uranium interests.

Hillary’s record is therefore of no interest to the mainstream media. Instead they focus on the latest gaffe or infelicity of her Republican rival, Donald Trump. Trump is dubbed a racist, violence-promoting, dangerous fool. Like the magicians who distracts his audience’s attention with a waved handkerchief, the object is to distract the audience — America’s voters — from what’s actually important.

This month the story was all about how Trump, on July 30, disparaged the parents, particularly the silently grieving mother, of the (genuinely) brave Captain Humayun Khan. ABC TV continues to wallow in Schadenfreude about Trump’s boorishness. Cut to visual of Captain Khan’s headstone in Arlington cemetery. Cut once again to father Khizr Khan giving Trump that serve at the Democrat National Convention in mid-July. Hillary would never sink so low as to disparage the parents of a dead patriot, was the ABC’s unstated premise. And yes, even conservative ABC viewers probably found Trump’s behavior (as distilled by the ABC) indefensible, ungracious and discomfiting.

The Idaho Muslim Migrant Rape Case: How Could This Have Happened? The answer lies in…Islam. Robert Spencer

Amid a great deal of obfuscation, the horrifying truth has emerged: a five-year-old girl in Twin Falls, Idaho, was gang-raped by three young Muslim migrant boys. Her parents are still encountering tremendous difficulties in trying to get justice — apparently because the incident conflicts with Barack Obama’s agenda to flood the country with Muslim migrants.

The victim’s mother told Pamela Geller what the little girl told her: “This is what my daughter has told me: that they grabbed her at knifepoint and forced her into the laundry room and told her that if she tried to leave, they would kill her. The seven-year-old boy took her clothes off. She tells me he put his private in her mouth and peed in her mouth, and put it in her private, and then peed all over her.”

According to Idaho law, that is rape: “Rape is defined as the penetration, however slight, of the oral, anal or vaginal opening with a penis…”

The mother continued: “And she said they recorded her, too… She also told the emergency room CARES doctor that they had a knife as well, and they found on her neck a cut. Then the day after, they claimed it was a scratch, when in fact it looked like a cut.”

The girl’s father told Geller what he saw on the video that one of the attackers took of the rape, and triumphantly showed him: “I watched the 8-year-old boy push my daughter up against a wall and pull her pants down and his pants down; he then attempted to penetrate her from behind. She was able to run away and crouch in a corner shaking in fear while the boy danced around naked laughing at her. I stopped watching after that.”

Amid all the controversy surrounding this terrible incident and the solicitude of Idaho officials for the attackers, not the victims (Wendy J. Olson, the Obama-appointed U.S. Attorney for Idaho, threatened: “The spread of false information or inflammatory or threatening statements about the perpetrators or the crime itself reduces public safety and may violate federal law”), one question has never been answered: why would these boys do this to this girl?

MORE HYPOCRISY ON TRUMP DAVID GREENFIELD

A Good Joke About Political Murder When it’s okay — and not okay — to joke about killing political candidates.

A few years after his failed presidential campaign, John Kerry went on Bill Maher and joked about killing President Bush.

After Maher riffed that Kerry could have gone to New Hampshire and killed two birds with one stone, Kerry replied, “Or, I could have gone to 1600 Pennsylvania and killed the real bird with one stone.”

There was no media outrage. The event is remembered only on conservative websites.

And barely even there.

At least back when Kerry had joked about the assassination of Dan Quayle, he had been forced to briefly apologize for it. But less than a decade later the media bias had become so pervasive that joking about murdering Republican politicians had become so socially acceptable that it wasn’t even worth mentioning.

We are talking only about Republican politicians of course. That is why the media reacted with hysterical outrage to its latest manufactured Trump scandal. Not only did Trump not say what the media has accused him of saying, but the media has no problem when Democrats openly called and call for the assassination of Republican presidents and presidential candidates.

During Trump’s candidacy a fine roster of media folks covering the gamut from the New York Times to VICE to the Nightly Show have joked about killing Trump or about his assassination. Anyone objecting to that sort of good clean progressive fun would have been a humorless spoilsport.

Trump’s remark however is being denounced in the press as everything from a threat to sedition.

What did Trump actually say? When you go to the tape, it turns out that he said nothing.

The entire thunderstorm of outrage is based on taking Trump’s back and forth speaking style, radically different from those of ordinary politicians, and then removing the context of his discussion about the Second Amendment. The only thing Trump did was suggest that maybe there would be another option beyond the Supreme Court for protecting the Second Amendment. The crowd does gasp and laugh, but Trump offers no sign that he’s delivering a joke or saying anything at all subversive. As is so often the case, others were projecting their own expectations on Trump. Trump didn’t even notice their reactions.

Trump’s Words, Hillary’s Deeds And the media’s glaring double standards. Bruce Thornton ****

If you believe the media and pundits, Trump’s recent gaffes and Hillary’s bounce in the polls spell disaster for the Republicans come November, even though we’re still ten weeks from the election. The Republican NeverTrump (NT) crowd are particularly vociferous, mixing schadenfreude and hysteria in equal measures. Whether it’s his comments about NATO or his spat with the Democrat parents of a soldier killed in battle, Republican dudgeon has reached stratospheric heights we’ve rarely seen from them in the case of Obama or Hillary.

Make no mistake, Trump’s habit of defending his elevated self-regard rather than hammering Hillary’s record of failure is politically unwise, though we’ll know that for sure only after the election. So far, every gaffe seems to delight his supporters, if only because of the outsized criticism it evokes from the maligned Republican “establishment,” which continues to be hell-bent on proving that they do exist and they do find more in common with the Democrats than with their own party’s base. When have you heard any Democrat other than Pat Caddell go after Hillary with the same gusto as the NT folks attack Trump?

What I find more fascinating is the inconsistency of Trump’s Republican critics. The Donald’s crude rhetoric apparently disturbs them more than Hillary’s long catalogue of policy mistakes and abuse of power. As PJ Media’s Richard Fernandez suggests, too many Republicans are content to be the hapless Washington Generals to the Democrats’ Harlem Globetrotters, while the Republican base wants to see a real basketball game played by the same rules for both teams.

Take Trump’s criticism of the Khan family, whose son died in Iraq in 2004. Mr. Khan delivered a blistering attack on Trump at the Democratic Convention, the substance of which had nothing to do with his son’s death. After Trump predictably gave a scorched-earth response, we heard lectures about the inviolability of parents who have lost children in combat, how their sacrifice should always be respected, and how only a boorish narcissist would say things that disrespect their loss. Even if those parents were at the Democrat Convention solely to deliver a vicious partisan attack on the other party’s candidate, one should show forbearance.