The Contrarian

“In the investment markets, what everyone knows is usually not worth knowing.”

What Is Fake News?

Here is an example of “Fake News” from AP:

The headline reads:

Lobbyists Tied to Ex-Trump Aides Register as Foreign Agents

A Washington lobbying firm that worked on a covert influence campaign in the U.S. under the direction of two former top campaign advisers to President Donald Trump has registered after the fact with the Justice Department as a foreign agent.

| April 12, 2017, at 1:37 p.m.

From the headline, you would think that Trump’s campaign was involved with a lobbying firm without being registered as a foreign agent. Well, it was actually John Podesta’s group, the company heading Clinton’s campaign, headed by the lead person of the billionaire who funds the far left activities and strategies, and is the creator of many of the far Left organizations.

Here is an excerpt of the AP article, which is quite different than the headline suggests. In fairness to the authors, headlines are often changed by so-called editors. It happens to us as well when contributing to other websites.

By JEFF HORWITZ and CHAD DAY, Associated Press

WASHINGTON (AP) — A Washington lobbying firm that worked on a covert influence campaign in the U.S. under the direction of two former top campaign advisers to President Donald Trump has registered after the fact with the Justice Department as a foreign agent. It acknowledged its work could have principally benefited Ukraine’s government, led at the time by a pro-Russian political party.

The Podesta Group Inc. disclosed details of lobbying it did from 2012 through 2014 on behalf of a Brussels-based nonprofit, the European Center for a Modern Ukraine. The firm, run by the brother of Hillary Clinton presidential campaign chairman John Podesta, reported in its filing that it was paid more than $1.2 million for its efforts. It cited unspecified “information brought to light in recent months” and conversations with Justice Department employees as the reason for its decision.

The disclosure follows reporting by The Associated Press in August, citing emails obtained by the AP, that the firm of former Trump campaign chairman Paul Manafort and his deputy Rick Gates, who served in a senior role in the Trump campaign, had overseen the lobbying effort, which sought to promote a Ukrainian political party’s interests in Washington. President Donald Trump pressured Manafort to resign as his presidential campaign chairman immediately after AP’s reporting.

Our view: it appears that the firm of Trump campaign chairman Manafort was involved in the lobbying. When Trump the candidate found out, he parted company with Manafort. That’s admirable.

But the real news here, not mentioned in the article and totally obfuscated by the headline, is that top people in Clinton’s campaign appear to have been involved in the Ukranian revolt and deposing its president, as we correctly reported at the time.

At the time we quoted reports that this revolt was fomented by the US State Department, apparently executed by the US Ambassador in the Ukraine. There are articles that suggest that the US embassy was paying the protest leaders in the streets. And guess who headed the State Department at the time?

The deposed Ukranian President, Viktor Yanukovych, is quoted by THE HILL, that the US led a “gangster coup.” Here is what they wrote:

Ukraine’s deposed leader vowed to return to power and blamed the U.S. and other Western powers for a “gangster coup” during his first press conference since fleeing to Russia.

Yanukovych fled the country when the Ukrainian parliament voted to depose him last weekend after a crackdown on protesters left dozens of people dead. He vowed to return to Ukraine “as soon as the safety of myself and my family can be guaranteed.”

“Nobody overthrew me,” he said in Russian, according to the BBC. “I was forced to leave Ukraine under a threat to my life. And to the lives of my loved ones.”

Bottom line: read the entire articles, and don’t be fooled by headlines.

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