Trump Blames Powell: "I Think The Fed Has Gone Crazy" After Selloff

After The White House put out the calming statement (below), President Trump told reporters that "it's the correction that we've been waiting for a long time."

And once again, Trump was not shy about criticizing or scapegoating Fed Chair Jay Powell:

“The Fed has gone crazy,” he told reporters on Wednesday as he arrived in Pennsylvania for a campaign rally. “So you can say that well that’s a lot of safety actually, and it is a lot of safety, and it gives you a lot of margins, but I think the Fed has gone crazy. I think the Fed is making a mistake. They’re so tight" Trump said, adding that he "really disagrees" with the Fed raising interest rates.

As we noted earlier, "what better justification could Trump have to "push" Powell than to accuse him of the second worst selloff of 2018?"

Earlier, White House Press Secretary Sarah Sanders said in a statement following the close of markets that the U.S. economy is “incredibly strong” despite the selloff, which analysts attributed in part to trade tensions with China. Of course, if the economy was indeed so strong, then the Fed is likely behind the curve and has to hike even more, but that nuance was lost on the president who is now just setting the stage for Powell to become the fall guy when stocks crash.

https://www.zerohedge.com/news/2018-10-10/president-trump-briefed-market-crash

Police Arrest Man For Plotting to Blow Himself Up in DC on Election Day ‘Over Country’s Direction’

Another day, another deranged leftist.

A Rockland County, New York man named Paul Rosenfeld was arrested Wednesday for plotting to blow himself up in Washington D.C. on election day because he was unhappy with the country’s direction.

Paul Rosenfeld, 56, wanted to bring attention to his “radical political beliefs,” by killing himself on the Nation Mall, according to authorities.

CBS reported:

“As alleged, Paul M. Rosenfeld concocted a twisted plan to draw attention to his political ideology by killing himself on the National Mall in Washington, D.C. risking harm to many others in the process,” said U.S. Attorney Geoffrey Berman. “Rosenfeld’s alleged plan for an Election Day detonation cut against our democratic principles.”

Rosenfeld allegedly supported a political belief called sortition, which advocates for random selection of government officials.

Rosenfeld allegedly bought large quantities black powder over the internet to build a large bomb in his basement, authorities said. He had previously made and tested other small bombs, according to authorities.

When FBI agent searched his home, they found “what appeared to be a functional explosive device weighing approximately 200 pounds.”

The bomb was removed from his home and transported to a safe location, officials said.

FBI agents could be seen removing boxes from Rosenfeld’s home in Tappan Wednesday.

Rosenfeld was charged with unlawfully manufacturing a destructive device, which carries a maximum sentence of 10 years in prison. He is also charged with interstate transportation and receipt of an explosive, which also has a maximum sentence of 10 years in prison.

This story is developing…

https://www.thegatewaypundit.com/2018/10/police-arrest-man-for-plotting-to-blow-himself-up-in-dc-on-election-day-over-countrys-direction/

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Juncker Claims it is the EU, not Populist Govt Creating a Million Jobs For Italians

In the latest European Union attack on Italy’s populist government, EU Commission President Jean-Claude Juncker has claimed that his policies, rather than the current government, have put a million to work across Italy.

Commission spokesman Margaritis Schinas commented on President Juncker’s tenure as head of the EU Commission saying, “During his tenure as president of the European Commission 12 million jobs have been created, of which almost one million [are] in Italy,” according to Il Giornale.

The statement comes after an attack on Juncker from populist Italian Interior Minister Matteo Salvini who commented during a press conference alongside French populist leader Marine Le Pen in Rome: “The enemies of Europe are those who find themselves in the bunker of Brussels. The enemies of Europe are Moscovici and Juncker who have brought precariousness.”

Ms Le Pen, leader of the National Rally, French member of parliament, and former presidential candidate, added: “We, on the other hand, do not want to pay the accounts of wild globalisation.”

The row between Salvini and Juncker also comes after the Italian minister blamed speculators for the 300-plus point bond spread that some have referred to as an attack on the Italian economy.

Mentioning Hungarian-American billionaire financial speculator George Soros by name, Salvini said: “If I wanted to think badly I would say that behind the [bond] spread of recent days is a move by speculators like [George] Soros who are aiming for the failure of a country, to buy its remaining healthy businesses at a bargain price.”

The statement is not the first time Salvini has mentioned the left-wing billionaire. In July the League leader said that “Soros wants to fill Italy and Europe with migrants” and added that Soros “would like Italy [to become] a giant refugee camp because he likes slaves”.

https://www.breitbart.com/london/2018/10/10/juncker-claims-it-is-the-eu-not-populist-govt-creating-a-million-jobs-for-italians/

Bono: Make EU More Romantic Through Music, Praises ‘Incredible’ Africa-Europe Partnership

The anti-Brexit frontman of Irish band U2, Bono, has said it is an artist’s duty to romanticise the European Union and that deepening ties between Africa and Europe would be “an incredible opportunity”.

The musician made the comments during a visit to the European Parliament in Brussels, Belgium, on Wednesday to promote the idea of a partnership between Europe and Africa.

“While America is on its holidays from big ideas, we should sit across the table with our African partners as equals and take over the world,” Bono said during a visit with the Parliament’s president Antonio Tajani and EU Council President Donald Tusk, according to the Irish Times.

https://www.breitbart.com/london/2018/10/10/bono-calls-for-romanticising-eu-song-greater-africa-europe-partnership/

Mexican Cartel Retakes Border City After Military Retreat

NUEVO LAREDO, Tamaulipas – One of the most violent cartels in Mexico is setting checkpoints, robbing motorists, and extorting tourists with ease after military forces were ordered to cease offensive engagement and withdrew hundreds of troops.

In recent weeks, gunmen with the Cartel Del Noreste (CDN) faction of Los Zetas began targeting motorists entering and leaving Nuevo Laredo by forcing them to stop at gunpoint or clandestine checkpoints. Law enforcement sources consulted by Breitbart Texas revealed the CDN targeted vehicles with Texas license plates in addition to Mexican ones. Drivers are forced to pay a toll or else.

Los Zetas carried out similar extortion tactics last year, but were driven out after a series of operations by the Mexican Marines. The military forces targeted cartel operators, their leaders, and repeatedly seized weapons caches. Several stash house raids yielded cloned military uniforms and other official-looking gear. In response to the pressure, the CDN began holding protests claiming authorities were kidnapping and murdering innocent victims.

The protests proved successful as they duped high ranking members of the United Nations into pushing Mexico City to withdraw 257 marines from Nuevo Laredo. As of now, 230 marines, 23 officers, and three captains are currently under investigation by Mexico’s Human Rights Commission (CNDH) allegedly tied to 23 forced disappearances. Mexico’s CNDH has not been able to release information on cartel executions in Nuevo Laredo due to the constant threats of retribution.

Intelligence sources revealed to Breitbart Texas that the military forces sent to Nuevo Laredo as replacements have a very different set of orders. Only routine patrols and defensive fire are allowed under current rules of engagement. The troops are ordered to keep a lower profile and not carry out any operations that could draw unwanted attention. The pullback gave way to CDN to reclaim the streets.

https://www.breitbart.com/texas/2018/10/10/mexican-cartel-retakes-border-city-after-military-retreat/

>>3429969

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>>3430077

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>>3430175

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Photos: Packed House for Trump Rally in Erie, PA – OVERFLOW CROWD OF THOUSANDS!

Thousands of Trump supporters who could not not get into the packed #MAGA rally being held at the Erie Insurance Arena in downtown Erie, Pennsylvania, Wednesday evening are massed outside to support the President and watch the rally on large screen television. Trump is campaigning for Rep. Lou Barletta who is trying to unseat incumbent Democrat Senator Bob Casey. An estimated 9,000 supporters are expected to be let in (until the fire marshal says stop.)

https://www.thegatewaypundit.com/2018/10/photos-packed-house-for-trump-rally-in-erie-pa-overflow-crowd-of-thousands/

Are patriots hijacking the protests? With I like beer?