Obamacare repeal has never been about crafting good health care policy
Africa needs infrastructure, China wants to build It. So what’s the problem?
INTERACTIVE: International migrants by country
The NFL will defeat Trump via @rickjnewman
This New Yorker cartoon made me LOL
Nigerian Arms Importers Plead Guilty, Opt for Plea Bargain #Nigeria
#BREAKING: GOP will not hold vote on ObamaCare repeal bill
The U.S. now faces a higher risk of floods due to sea-level rise and coastal sinking:
Hey, @realDonaldTrump: Does this get your attention?
Grab your chips! My new book QUESO! has arrived! [new post]
Uber to withdraw from Quebec
Bill Russell takes a knee wearing Presidential Medal of Freedom
Level up your wardrobe. Enter to win:
Dont Ignore the One Group That Can Make Climate Action Happen: #Africa
Three Police Officers Killed in Nigeria Zoo Attack #Nigeria
‘Really good job’: Will Puerto Rico be Trump’s Katrina?
Jeff Sessions condemns #TakeAKneel protesters after giving speech on free speech
Marketers have more data than ever, so why aren’t they better at experimentation?
The less you have, the higher your inflation via @jeannasmialek @aspeciale
Drink Me: Chasing The Concentrating Solar Unicorn For Sustainable Water Desalination
How much are moderate imams willing to risk to promote tolerance? #Afghanistan
Momentum steals Labour party limelight | World
Trading Brexit hasnt worked | Markets
2017 National Geographic Nature Photographer of the Year Contest - via @TheAtlPhoto
Ethereum Founder Vitalik Buterin Co-Authors Plan for Iterative ICO Protocol
Chart: Probability of another rate hike this year at 70% -
JUST IN: Trump administration imposes new sanctions on North Korea
Trump breaks silence, blames Puerto Rico for humanitarian disaster
Build a DIY rail and cruise tour of Canada and Alaska by @Aerohaveno
.@Breakingviews Crypto-Currencies presage new #monetary era. Find out more
Angela Merkels Bavarian allies CSU threaten rightward shift #GermanyDecides
Is the US going to war with Catalonia?
American-born Muslims more likely than Muslim immigrants to see negatives in U.S. society
Media Pans Megyn Kelly’s Today Show Debut
After breach, Equifax CEO leaves with $18 million pension, and possibly more
The Future is Now ✴️⤵️ #futureofwork #Industry40 #fintech #insurtech #IoT #Entrepreneurship #innovations
In Photos: No power, shortage of food and water in storm-ravaged Puerto Rico
Trump increases level of federal aid to Puerto Rico after hurricane
SEC chair grilled by Senate panel over cyber breach, Equifax
Join us now for a live broadcast of #FromTheSouth: FB Live: Website:
this is what happens when I get up for just a minute
amazing quote from @georgeeaton piece in New Statesman
Σε δυο τουι , ολη η παράνοια που επικρατεί.
Tusk praises UK attitude change, but says more progress needed in Brexit talks
Pass the Box Lunch at #NAFTA #Mexico
Retired Texas firefighters sue Uber claiming fraud
From the archive: Reax on Muslim/Non Muslim marriage law
Your kitchen sponge is covered with bacteria — dont bother cleaning it:
Ghana can drill for oil after dispute with Ivory Coast thrown out by maritime court
LIVE: President Trump, Spains Prime Minister Rajoy speak to media at the White House
WATCH LIVE: Trump holds joint press conference amid controversy over NFL attacks
Top US general says North Koreas military posture unchanged amid tensions via @Reuters
The World Transformed events were powered by committed volunteers activists. #TWT2017 #Inspiring
Memories of war in the lobby of the Sheraton Hotel, Kuwait City
Canadian sailors find ‘near total devastation’ in hurricane-ravaged Dominica
#Panama to Optimize #Maritime #Transport with New System by @worldmaritimene
The shady case that put a Nashville man in prison for over 20 years
GOP chairman: Women in my conservative caucus are the groups eye candy
The latest SSICI shows North American institutional investors remain Reluctant Bulls $SPX
Seven Reasons Why The Casino Is A Clear And Present Danger To Homegamers
Catalonia sets independence vote deemed illegal by Spain via @mariatad
Infographic: Student Loan Debt Is Dragging Down The U.S. Economy: @valuewalk
Secret Service protection for Donald Trump Jr. reactivated: report
Chance the Rappers new untitled song is a performance of radical humility, says @skornhaber
Seeing Economy as Rigged for Rich, 65% Say Corporate Taxes Too Low, Not Too High
Hot Debate: Steben Says A Managed Futures Investment Can Be Timed $
Median Stock Valuation In 99/100% Percentile In Terms Of PEG, PS, EV/EBTIDA, P/B, But… $
Fed Governor Lael Brainard says inequality may sap U.S. consumer spending
#ChartBrief no.153 - Sentiment update: Euphoria Heights $SPX $SPY $VIX
Alstom and Siemens rail deal stirs French political passions
#Bolivia accuses #Chile of lying to United Nations about ocean-access dispute
A new study shows tens of thousands were blocked from voting in Wisconsin last year
Singapore court paves the way for Emas Offshore rescue plan
Zombie fleet swells as scammers fake registrations
Mark Felt tells a familiar tale of Watergate, writes @davidlsims
The 20 best-selling music artists of all time via @BIUK_Tech
Cant wait to sink my teeth into this beauty!
Is AU-UN Peacekeeping Partnership at a Turning Point? #Africa
Dem lawmaker to move for vote on impeaching Trump over NFL attacks
The thousands of protesters who followed Kaepernick’s lead after he took a knee
dont let your phone blind you
China imports North Korean coal for first time since February
U.S. consumer confidence was dragged lower by states affected by hurricanes Harvey and Irma
Waiting for a joint press conference with US President #Trump and Spanish Prime Minister #Rajoy
On eFinancialCareers: Bluecrest said to lose its top equities trader in London
Lithuania moves to stop calling Georgia by its Russian name
Tesla shares rebound while signs of competition increase $TSLA
IGAD Concerned With Kenyas Political Situation: #Kenya
.@jaarreaza: They say that our region is guilty of growing illicit crops, but it is they who create the demand.
#BREAKING: Trump administration imposes new sanctions on North Korea
Reopen inquiry into monetary policy now -
Area CEO doesnt want his stock trading at a premium to a fair price. Berkshire letter, 2016:
A Little About Debre Damo Monastery: #Ethiopia
One man started a movement: Tracking the Kaepernick effect
#Ireland set to vote on loosening #abortion laws in May or June
Why education isnt the key factor for economic mobility, by @rmc031
.@jaarreaza: Nobody has heard our slogan which says we have to change the system, not the climate.
Trevor Noah on Trump: How can one person be on the wrong side of everything in history?
Chinese YouTube star uses office supplies to cook
The Fed has a mandate for stable prices. When did Stable stop meaning Stable?
Having children can ruin your retirement via @BSteverman
Danish minister republishes controversial Prophet cartoon on Facebook
Obama health secretary rips Price: Spending $400,000 on private jets is stunning
Trump says administration is doing really good job on Puerto Rico aid
#Cuban regime profits from #HurricaneIrma relief donations
Managing And Monitoring Drone Traffic | UAV Expert News
Yeah, hi. Inflation is not a mystery. @federalreserve
Untitledr
.@jaarreaza: If Venezuela did not produce oil, the United States would not come after us.
It appears that Georgetown is sheltering Jeff Sessions’s fragile ego.
This app helps forest rangers without internet access find illegal activity:
JUST IN: Treasurys Office of Foreign Assets Control sanctions 26 individuals in North Korea, nine banks
Former Rwanda Presidential Candidate Rwigara Arrested Again #Rwanda
The Digitization of German Cities
Why coastal cities need to love their wetlands
This beautiful A/C system works without electricity
Clinton: I’m not sure Trump knows Puerto Ricans are US citizens
One man started a movement: Tracking the Kaepernick effect
Targeting a protein secreted by neurons might offer a way to treat brain tumours
Premier League: 11 talking points as the big six start to find their positions
U.S. consumer confidence slips; new home sales hit eight-month low
First off, assume we have a bottle opener... #economics
Home prices in 20 U.S. cities rose more than forecast in July
Fed’s Yellen Backs Off “Inflation Around the Corner,” Now Sings 2% Inflation Over The Next…
JUST IN: Treasurys Office of Foreign Assets Control sanctions 26 individuals in North Korea, nine banks
Huh! Lets see how she feels when they invert the curve. Conundrum possibly?
D’Amico International Shipping seals another sale and leaseback
Fresh cabinet squalls over the transition. FT Brexit Briefing. Sign up for the email here:
Louis Dreyfuss $1.4 Billion Commodity Hedge Fund to Shut via @isiscarol14
‘Oil God’ Andy Halls Final Prophecy Comes True via @JavierBlas2 @ja_herron #OOTT
Breakingviews - Equifax cant even oust its failed CEO effectively
What the Data Tells Us About Travel and Tourism in 2018 #mrx #travel
The crisis at Puerto Ricos hospitals, from @olgakhazan:
Privatized Canadian Airports a Tough Sell Despite Healthy Interest #BloombergCFI
Feds Bostic says hes comfortable with a December rate increase
Poll: Nearly half of Americans don’t know Puerto Ricans are US citizens
Crazy gadget maker Dyson will build electric cars by 2020
BREAKING: Kurdish leader Barzani says yes vote won in Kurdistan independence referendum
Hypothèse du soir: le mec qui a inventé le concept de partageons la route nest jamais monté sur un vélo
Elon Musks plan to surround the earth with satellites hits turbulence
Gartman, Kudlow and Liesman - am I diversified?
(Post) Facebook Rally Facing Key Test - via @YahooFinance $FB
Dem task force to hold public forum with Obama Homeland Security secretary on cyber threats
Jeff Sessions says antifa is like the KKK because they wear masks
Eurovision winner Salvador Sobral in critical condition
Ex-Rebel #Serb Commander Sentenced to 15 Years in #Croatia
Getting access to birth control pills remains frustratingly difficult in the U.S.
“Deep diversity” and other reflections on #CESConf17 by @PatrickESavage #Seshat
Everyone loves an early inflation. - Ronald H. Marcks
130m girls are not in school: sign the petition for leaders to #FundEducation! #GirlsCount
FIFA Rankings Not True Reflection of Nigerias Current Status, Says Onazi: #Nigeria
Trump appeals, Lopez donates as celebrities rally to aid Puerto Rico
Crude sentiment up bigly. $USO
Street Art by Made_514 for the Draw the Line Festival in Campobasso Italy
Massachusetts man dies after being swarmed by bees
How to contact family in Puerto Rico Here are the USs top how to searches on #HurricaneMaria in the past week
Iran missile launch that Trump tweeted about was fake:
A weak Antarctic ice shelf just lost an iceberg four times the size of Manhattan: @yulsman
Is the Eurozone really out of the woods? New paper by @SimonTilford
Hmmm....
Trump Interior Secretary: One-third of department employees are not loyal to the flag
Three men arrested in Wales over Parsons Green Tube attack released without charge
#Brexit Officially Confirmed Dead - #Brexitbetrayal
Top one-year international #MBA programs, @IMDMBA leads the Forbes 2017 ranking #IMDImpact
Trump cites progress after NFLs Cowboys, Cardinals skirt anthem protest
Venezuelan FM @jaarreaza Responds to @realDonaldTrump s Speech at @UN
Irelands abortion ban could come to an end in 2018
A MUST READ : The City of London – Capital of an Invisible Empire - Called The Spiders Web:
Dancers From Seychelles Earn Invites to Peru, Slovakia: #Seychelles
Abandoned uranium mines litter the American west. @benmauk
WTO’s Azevedo sees bigger results in multi-lateral trade via @markets
@zerohedge Heres a hint!
$EUR: Did you miss our FX weekly? ECB doesnt like 1.20. Neither does the Fed(!?)
Heres what @cem_oezdemir told me on Macron in our interview:
Full House this evening in the Resisting Trump’s Sanctions fringe meeting at Labour Party Conference
Hyundai Heavy confirms Polaris order for 10 gas-ready VLOCs
WATCH: Roy Moore pulls out gun at campaign rally
what if they fight for... none of these things.
CIBC on #Fed Chair #Yellens speech: #USeconomy #inflation #interestrates
In the Fed’s mind the red line returns to exactly 2% in a beautiful mathematical curve
Twitter: We wont delete Trumps tweet threatening North Korea because its newsworthy
Preach, @AdamSerwer
Why the future looks like Pittsburgh
.@LA_Hagen on how the AfD won in Germany:
We dont have to choose between freedom of speech and social justice
Watch: Women of Washington kicks off #WashingtonIdeas with @RepDebDingell
Opinion: The week Mexicans put their politicians to shame
McDonalds supersizes list of corporates selling bonds in Canada via @fpinvesting
Yellen: “We think it’s extremely important that the public understand that we have a symmetric inflation objective.”
Carbon Taxes and Economic Growth | @BobMurphyEcon
Even after overdosing, most pain patients still get prescribed opioids
Trump administration to collect social media information on all immigrants
I know most Americans are too busy trying to survive to watch this crap, but if they did theyd be freaked out.
RAY DALIO: Bitcoin is a speculative bubble
Turkey threatens blockade after Iraqi Kurdish independence vote
Sessions on NFL attacks: Trump has a right to free speech
The most Martian place on Earth: @ArmandoAzuaB
View: Why the end of the refugee relocation scheme should not mean the end to relocation
This is a triumph for bug-loving girls the world over
2 Years After #Dieselgate – Guess What The EU Did About This Scandal?
The Department of Homeland Security plans to collect social media info from US immigrants:
India rules out troops for Afghanistan, stresses development, training role
Nigerian President Returns After London Stopover #Nigeria
The dangerous misunderstanding at the core of the North Korea debate, from @PeterBeinart:
Switzerland’s Restaurant in the Sky takes dining to a whole new level #travel
North Korea may struggle to shoot U.S. bombers out of the sky
Macron has a vision of a Europe fitter for a globalized world
How Germany’s election result could impact the euro via @RJ_FXandRates
Trade in Body Parts of People With Albinism Driven By Myth and Inaction: #Africa
a n00b attempts to photograph the milky way @ black rock desert astrophoto tips welcome
Sorry, non-Muslims not welcome at this Malaysian laundromat due to hygiene factors
What I Learned About War From the Parents Who Lost Their Son
North Korean officials want to meet with GOP analysts to better understand Trump: report
Feds Janet Yellen says gradual hikes should continue, despite weak inflation via @Reuters
#NABE2017 Amazing panel w/@GregDaco @AdolfoLaurenti @ClevelandFed President Mester @IHS economist Sara Johnson
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MIT anthropologist Graham Jones turned his fascination with magic into a career.
Women make up at least 40% of the workforce in more than 80 countries
Siemens Gamesa Awarded First Hybrid Wind-Solar Project In India
Matt Levine on CREAM
#UnitedStates 2-Year Note Auction at 1.462%
Technically Speaking: Is The Rally In Oil Sustainable?: by @LanceRoberts $OIL $WTI $USO
Ex-Fortress Billionaire: Crypto Market Will Be Largest Bubble of Our Lifetimes
Smoking is rapidly losing its appeal.
Croatia jails Serbian-Australian Captain Dragan for war crimes
GOL Offshore staff owed 11 months back pay
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Last week in tech: It’s Stardate 2017
This offer includes print AND digital subscriptions to both magazines!
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Why Highly Distractible People Have More Creative Success:
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soooooooooo, this int good for all those ponzies know as social security
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1. Nothing like a man explaining to Dr. Kings daughter what her father was/wasnt about.
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Amazing Time Lapse of Aurora Borealis From Space
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The Central Asianist Podcast with @NateSchenkkan: Nationalism in Central Asia
Its your final chance to register for our free #Dallas #oil #gas forum - September 28


Mike Shedlock

Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. He operates the blog MISH'S Global Economic Trend Analysis and believes in the Austrian School of economics.


Erdogan Wins Constitutional “Reforms”, Allowed to Rule Until 2029: Opposition Challenges Vote

5 months ago




With over 97% of the vote counted in the Turkey Referendum, the results are 51.4% Yes and 48.6% no.

The alleged reforms grant Turkish President Recep Tayyip Erdogan tremendous say over budgets and the Constitutional Court.

Eddogan can stay in power until 2029.

Erdogan proclaimed victory Sunday evening in Turkey but he fell short of the 55% of the vote he predicted.

Opposition Challenges Vote

The opposition challenges don’t matter. We know who is counting the votes.

The Guardian live report says Most Votes Counted as Erdoğan Lead Narrows.

The CHP, Turkey’s main opposition party, have announced they will be contesting the validity of 60% of the ballots, after unconfirmed reports of large numbers of votes without official stamps.

Three Largest Cities Vote Against Referendum

The Financial Times noted Turkey’s three largest cities (Istanbul, the capital Ankara, and Izmir) voted against the referendum.

“The narrow result came after an uncompromising campaign in which Mr. Erdogan compared his opponents to terrorists, jailed opposition leaders and dominated the airwaves.”

Constitutional “Reforms”

  • Prime Minister Position Abolished.
  • President is head of state and head of government.
  • President Appoints Vice President and Ministries.
  • President Appoints 4 members of Supreme Board of Judges and Prosecutors.
  • President Appoints 12 members of Constitutional Court.
  • President can dissolve the Parliament but elections held if so.
  • President can declare State of Emergency.
  • President can make the budget and send to Parliament.
  • President can make bylaws about the executive. Bylaws will be examined by the Constitutional Court.
  • Parliament has 600 MPs.
  • Parliament Appoints 7 members of Supreme Board of Judges and Prosecutors.
  • Parliament appoints 3 members of Constitutional Court.
  • Parliament can approve or disprove a State of Emergency.
  • Elections held every 5 years for President and Parliament

The above from Wikipedia Turkish Constitutional Reform (2017).

Turkey is “On the Road to Autocracy,” says the Venice Commission, Council of Europe.

Wikipedia definition: An autocracy is a system of government in which supreme power is concentrated in the hands of one person, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d’état or mass insurrection).

Autocracy is called “reform”.

Mike “Mish” Shedlock