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The King Report Member Access

Independent View of the News

Wednesday, July 17, 2024 – Issue 7285

The Trump attempted assassination controversy worsened considerably on Tuesday.  The affair is now transitioning into a ginormous political scandal with the USSS Chief and Jill Biden as the central figures.

 

Trump assassination attempt: Secret Service director faces new heat for ‘sloped roof’ comment

"That building in particular has a sloped roof at its highest point. And so, you know, there's a safety factor that would be considered there that we wouldn't want to put somebody up on a sloped roof. And so, you know, the decision was made to secure the building, from inside,"… (Not too slopey for shooter!)

     "Our snipers used to set in on mountain tops in Afghanistan. On the down slopes if need be," former Army Ranger and author Sean Parnell wrote on X, calling Cheatle’s explanation a "total BS excuse." "The stupidity of this statement explains so much of why s--- hit the fan that day. Absolute incompetence," he added… “The snipers above President Trump were on a sloped roof so why couldn’t they secure the sloped roof that the assassin was on?" said Jim DeMint, a former U.S. senator from South Carolina. "She should have been fired days ago. We need accountability."…

 

@KatiePavlich: The “sloped” roof where the shooter was able to engage in his assassination attempt is far less sloped than the one with SS snipers.  Nobody believes this excuse. (It was a resource issue!)

 

@cb_doge: Just a picture of a Secret Service agent standing on the roof of the White House.

https://x.com/cb_doge/status/1813289249288134660     @elonmusk: Looks very slopey …

 

Secret Service watched shooter climb building, take out range-finder, retrieve backpack, and setup rifle for nearly 30 MINUTES https://t.co/kCOEGh93fz

 

@CollinRugg: Thomas Crooks "locked eyes" with counter sn*pers before the Trump rally from inside the secure rally area. According to CNN, Crooks and sn*pers were looking at each other: Crooks through his rangefinder and the sn*per through his scope. https://x.com/CollinRugg/status/1813354679797166249

 

@susancrabtree: Gop Rep @michaelgwaltz on @FoxNews just now pushing back strongly against Secret Service spokesman Anthony Gugliemi's attempts to discredit his sources -- which Waltz says are special agents  -- on the contention that the extra resources were requested for Trump and the rally in Butler that day -- and were denied by USSS management

    "I suspect strongly this was a headquarters resources issue, who said we're not going to get all these agents for all of his rallies. We're not going to exhaust our budget."..

 

Secret Service had ramped up security after receiving intel on an Iranian plot to assassinate Trump; no known connection to Saturday shooting (WHAT???) https://t.co/FyxopTXJ2K

 

The Iranian plot revelation greatly enflamed the controversy.  How could the USSS provide such horse Schiff protection for Trump, including a patchwork (not even a backup crew) USSS team?

 

Secret Service Director Kim Cheatle landed job after push by Jill Biden’s office, sources say

Embattled Secret Service Director Kimberly Cheatle… landed her role thanks largely to a close relationship with first lady Jill Biden… “Anthony is obsessed with being DEI-compliant,”…

https://nypost.com/2024/07/15/us-news/secret-service-director-kim-cheatle-landed-job-after-push-by-jill-bidens-office-sources/

@kylenabecker:  NEW UNSEEN FOOTAGE. Secret Service and state police were in a mad scramble after the Trump assassination attempt to get the reactionary squad through a fence to get to the former president.  This was a security breakdown of monumental proportions.  https://x.com/kylenabecker/status/1813298095494447197

 

@JsnFostr: The @SecretService excluded that building from the immediate security perimeter, leaving it to state and locals. Why?  Not for any legit security reasons, it seems, but for lack of resources.

 

Top police group blasts Secret Service for blaming local cops for Trump assassination attempt  https://t.co/gNM0t4ACnp

 

Here is how this MIGHT become political TNT: Cheatle hired as USSS Director and NOT fired because she is a Jill Biden BFF.  Cheatle diverts Trump ‘A’ team protection – at an outdoor setting – to Jill Biden’s indoor dinner soiree in Pittsburg.  The patchwork USSS detail for Trump is GREATLY under resourced and inexperienced.  Cliff Notes: Resources to BBF Jill, DJT gets shafted.

 

@amuse: This story keeps getting more bizarre. CNN is reporting Crooks bought 50 rounds of ammo, a 12' ladder from Home Depot and walked a mile to the rally with his father's AR-15, the ammo, and the ladder in tow. Nobody noticed him or stopped him?   https://x.com/amuse/status/1813290589695156296

 

Ex-GOP Sen Coburn’s chief investigator @seanmdav: This is treason. They deliberately starved Trump’s security detail of manpower and resources. Their plan deliberately did not place spotters on the roof.

And when law enforcement radioed the command post with details of a suspicious person using a range finder to determine precise distance to Trump, they kept Trump on the stage and didn’t do a thing until after Trump was shot and an innocent man was murdered.  And when it was all done, Biden’s DHS secretary said he had “100% confidence” in the entire operation.

 

The coverup into security at the DJT shooting intensified on Tuesday.

 

GOP @RepBoebert: On Tuesday, the Secret Service had agreed to brief the House Oversight Committee.

Homeland Security has stepped in, superseded all communications with the Oversight Committee and has refused to confirm a briefing will occur. This is shady. I won’t be backing off! (Is it the Jill angle?)

 

GOP @RepAndyBiggsAZ: Secret Service agreed to brief @GOPoversight, but Mayorkas's DHS has commandeered their communications and refuses to confirm a time. This corrupt administration has stonewalled Republicans' investigations at every turn.  We will not back down

 

GOP @Jim_Banks: I believe a Select Com to investigate the attempted assassination of President Trump is necessary… I do not believe that the FBI, which raided President Trump's home & unfairly targeted his supporters, can be trusted to conduct the sole investigation into this attack on our democracy.

 

@CollinRugg: CNN host loses it after former US Army sn*per Cory Mills (GOP Rep, FL) suggests the July 13 assas*ination attempt on Trump *could have been* a setup.

https://x.com/CollinRugg/status/1813244738503594184

 

Trump’s USSS detail at the GOP Convention had a noticeable change:

https://x.com/margommartin/status/1813034920878518553

 

WSJ: Musk Has Said He Is Committing About $45 Million a Month to New Pro-Trump Super PAC

Other backers of America PAC include Palantir Technologies co-founder Joe Lonsdale and the Winklevoss twins. (registering voters, get constituents to vote early, use mail-in ballots in swing states)

 

The rotation into laggards and out of Fangs intensified on Tuesday.  The DJITA, DJTA, and Russell 2k soared; the NY Fang+ Index declined 0.19% (late rally truncated losses).  Bonds jumped 1 3/32; gold soared 38.90.

 

ESUs traded moderately higher but sideways from the Nikkei opening until they broke down after 2 ET.  After hitting a daily low of 5673.00 at 4:09 ET, ESUs persistently rallied until they hit 5714.25 at 11:09 ET.  After a retreat to 5691.50 at 12:15 ET, ESUs rebounded moderately and traded sideways until they soared after 14:35 ET.  ESUs hit a daily high of 5721.25 at 15:56 ET.  ESUs lost 9 handles by 16:00 ET.

 

@unusual_whales: Grocery prices have risen just 1% in the past year, according to data from the U.S BLS.  But food at home prices have climbed more than 24% since May 2019, per CNBC.

    @junogsp7: This is by pulling coffee and cocoa out is the equation and idk how the H they are disguising chicken and eggs which have soared 60 % ytd from bird flu culling.

 

Positive aspects of previous session

The DJITA, DJTA, DJUA, and Russell 2k soared; USUs rallied 1 3/32

 

Negative aspects of previous session

Fangs declined; Precious Metals soared

The latest US stock bubble has inflated further.

 

Ambiguous aspects of previous session

Has the latest US stocks bubble passed the point of no return.

 

First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Up

 

Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 5658.63

Previous session S&P 500 Index High/Low5669.67; 5639.02

 

California Gov. Newsom signs bill banning schools from notifying parents of child's gender identity

 

@elonmusk: This is the final straw. Because of this law (Anti-parent gender change) and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas.  I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children.  And​​ 𝕏 HQ will move to Austin.  Have had enough of dodging gangs of violent drug addicts just to get in and out of the building.

 

Trump camp rips Biden campaign's immediate attacks on Vance after VP selection: 'Poor taste'

"I think that response, given the events that have transpired in this country where President Trump had an assassination attempt on his life, for the sitting U.S. president to be calling for anything other than unity, but instead using this opportunity to attack President Trump's new vice presidential nominee, go after him on policy, it seems really out of touch, really in poor taste," Sunshine said.

    Sunshine continued, "It's very clear that Joe Biden is not the person who can unify this country, as evidenced by that statement."  Democrats wasted no time going after Vance, with many labeling the Ohio Republican as an "extremist."…"The staffers at Biden HQ are continuing to use wildly inflammatory rhetoric less than 2 days since an assassin nearly killed President Trump," Miller wrote…  https://www.foxnews.com/politics/trump-camp-rips-biden-campaigns-immediate-attacks-on-vance-after-vp-selection-poor-taste

 

Team Trump is fighting like Dems now, making them play by their own rules and standards.

 

@CBSNews: Sean O'Brien, president of the International Brotherhood of Teamsters, gave Monday's keynote speech as the first boss in the organization's 121-year history to address the RNC(Huge!)

 

Trump’s big tent invitation to MAGA converts scores surprising takers https://t.co/IdjEp5ROEH

 

Dem Sen. (NJ) Bob Mendez has been found guilty of 16 felony counts including obstruction of justice, bribery, extortion, wire fraud and acting as a foreign agent.

 

@stlouisfed: Sticky price CPI (slow-to-change consumer prices) from @AtlantaFed rose 2.6% on an annualized basis in June, following a 2.4% increase in May.  https://t.co/LSZJcTXtjo

 

ZH: This is the largest five-day outperformance of Small Caps over the S&P 500 since Oct 1987...

https://www.zerohedge.com/markets/gold-soars-record-high-stocks-do-something-not-seen-oct-1987

 

Trump Won’t Seek to Remove Fed Chair Powell Before Term Ends – BBG 17:01 ET.

(DJT signals to Jerome that he doesn’t have to cut rates to save his gushy job!)

Trump Questions Whether US Has Duty to Defend Taiwan – BBG 17:01 ET

(Probably because, despite the huge threat, Taiwan spends little on defense.)

 

Trump plans to lower corporate income tax to 15% if elected – BBG (Is DJT a factor in the rally?)

 

Bloomberg: Trump says, he'd “consider Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., to serve as secretary of the Department of the Treasury."

 

Today is Weird Wednesday, which usually marks the peak intensity of the Expiry Week manipulation.  With most indices at or near all-time highs, there is little to squeeze.  However, traders are over-the-moon exuberant for equities.  The bubble must run its course unless some profound negative bursts it.

 

It’s too early to short stocks and it could be too late for the expiry week rally.  But the upward bias for earnings season is still in its early stages.  This usually ends after Apple reports.

 

How much of the rabid rotation into economically sensitive equities and out of Fangs is due to DJT?

 

NQUs are -29.00; ESUs are -5.50; and USUs are -2/32 at 20:50 ET.   

 

Expected econ data: June Housing Starts 1.3m, Permits 1.4m; June Industrial Production 0.3% m/m, Mfg. Production 0.1%, Capacity Utilization 78.4; Fed Beige Book 14:00 ET; Richmond Fed Pres Barkin 9 ET, Fed Gov. Waller 9:35 ET

 

Expected earnings: NFLX 4.74, MMC 2.39, DHI 3.77, TXT 1.49, ABT 1.10

 

S&P Index 50-day MA: 5387; 100-day MA: 5258; 150-day MA: 5115; 200-day MA: 4932

DJIA 50-day MA: 39,207; 100-day MA: 38,976; 150-day MA: 38,594; 200-day MA: 37,494

(Green is positive slope; Red is negative slope)

 

S&P 500 Index (5667.20 close​​ slope; Red is negative slope)

 

S&P 500 Index (5667.20 close) - BBG trading model Trender and MACD for key time frames

Monthly: Trender and MACD are positive – a close below 4796.32 triggers a sell signal

Weekly: Trender and MACD are positive – a close below 5364.74 triggers a sell signal

Daily: Trender and MACD are positive – a close below 5556.67 triggers a sell signal

Hourly: Trender is positive; MACD is negative – a close below 5624.40 triggers a sell signal

 

@politico: Biden defended his “pretty damn good” mental acuity in a testy interview with NBC News: “What I’m doing is going out and demonstrating to the American people that I’m in command of all my faculties, that I don’t need notes, I don’t need teleprompters.”  https://t.co/153QJdwYQD

 

Joe is so accustomed to lying and the media ignoring it that he told a national audience that he is proving to Americans that he doesn’t need notes or teleprompters!

@ChuckRossDC: Among the many highlights from Biden's interview tonight -- he was unable to recall whether he's talked to President Obama since the debate. "I may have. I don't think so." https://t.co/eZo3KwKVP5

 

@RNCResearch: Does Biden know his Secret Service director is a woman? (Biden: “I’ve heard from HIM…”  https://x.com/RNCResearch/status/1813020197357305865

 

@justin_hart: Lester Holt: "If you were to have, continue to run and be officially nominated, what happens if you have another episode like we saw during the debate?"  Biden: "What happensuvinimina?" 

Holt: "Yeah, what happens if you have another performance on that par, on that level?"   Biden: "I don't planon havenumenemanav...."  https://x.com/justin_hart/status/1813229374696833430

 

@TPostMillennial: Biden at the NAACP National Convention:" And you peacefully protested George Floyd's murder, Donald Trump called for the National Guard to go after you. What in the hell's the matter with this man?"   https://x.com/TPostMillennial/status/1813326963605381453

 

@TrumpWarRoom: Crooked Joe Biden falsely claimed (again) that he “got started out” at Delaware State — an HBCU. The university has confirmed that "Biden did not attend DSU."

https://x.com/TrumpWarRoom/status/1813326095543947724

 

@TheKevinDalton: The NAACP Convention breaks into applause after Joe Biden just announces he is going to cap raises of rent to $55. That of course is not remotely true

https://x.com/TheKevinDalton/status/1813325997548445706

 

@greg_price11: As Joe Biden is speaking about lowering rents, he forgets what he’s talking about mid-sentence.  https://x.com/greg_price11/status/1813328597655888192

 

@mirandadevine: What the hell’s the matter with this man?” Biden yells in his NAACP speech, trashing Trump again despite calling for unity and civility after the assassination attempt.@kylenabecker: “I know what a black job is… it’s the Vice President of the United​​ States.” This is surely it. Biden’s got to be done after this… right? https://x.com/kylenabecker/status/1813329123579732072

 

What happened to ‘unity’ and ‘toning down the rhetoric,’ Joe?

 

@RNCResearch: After Biden spoke to the NAACP convention today, one attendee says he should step aside for Kamala instead. Sad!  https://x.com/RNCResearch/status/1813360714787983601

 

@TrumpWarRoom: CNN panelist @niamalikah says Biden's unhinged speech today "signaled that the gloves are back off" for Democrats — just days after the attempted assassination of President Trump.

https://x.com/TrumpWarRoom/status/1813334725727039908

 

@TrumpWarRoom: Former top Biden staffer and current CNN contributor Kate Bedingfield just said Democrats need to "turn their fire on Donald Trump" — days after a deranged lunatic shot him in a failed assassination attempt. Democrats just can't help themselves. https://t.co/aXFTWnUChu

 

@kylenabecker: CNN guest @ScottJenningsKY *BLASTS* the network as "pathetic" for spreading the "bloodbath" and "dictator" lies in the wake of the Trump assassination attempt.

    Trump's "bloodbath" comment was about the economy. Here is the full context of his remarks from his Ohio rally in March: “No, we’re going to put a 100 percent tariff on every single car that comes across the line, and you’re not going to be able to sell those cars if I get elected,” he  said. “Now, if I don’t get elected, it’s going to be a bloodbath for the country; that’ll be the least of it. But they’re not going to sell those cars. They’re building massive factories.”

     Donald Trump in an interview with @seanhannity in December made a sarcastic remark about being a "dictator for a day." TRUMP: "He says, 'You're not gonna be a dictator, are you?" I said no, no, no … other than Day One. We're closing the border and we're drilling, drilling, drilling. After that, I'm not a dictator, OK?'" The American media is back to spreading the same kind of lies that have led to Trump assassination attempts in the past, just days after a bullet came within inches of killing the former president.  https://x.com/kylenabecker/status/1813217541033967733

 

@eyeslasho: Usha Chilukuri Vance is a lawyer. She grew up in San Diego, the child of immigrants from India (from the affluent Kamma caste). She holds degrees from Yale, Yale Law (where she met Vance and was an editor at the Yale Law review), and Cambridge UniversityShe clerked for Chief Justice John G. Roberts, Jr at the Supreme Court. She works as a litigator in the Washington, D.C. office of Munger, Tolles & Olson.  (Clerked for Chief Justice Robers?  Another sneaky plus for JD Vance)

 

@NBCNews: The Trump campaign and the Republican National Committee have filed suit against Michigan Gov. Gretchen Whitmer and others for allowing federal Veterans Affairs and Small Business Administration sites to be used for voter registration effortshttps://t.co/ZlWztyi92b

 

@AlexThomp: Donald Trump Jr. to @mikeallen at @axios event in Milwaukee on Rupert Murdoch's influence: "It's not what it used to be." Says you used to have to "bend the knee." Notes that: "I haven't been on Fox News in two years." And says he was black-listed from the network.

 

@greg_price11: Lets recap all the insane security failures that led to the attempted assassination on President Trump: More Secret Service resources diverted to Lady MacBeth attending a dinner than a 50,000+ rally with a former President.

    - A roof less than 200 yards from where Trump was speaking with a direct line of sight was unsecured by snipers because according to the head of the Secret Service it had a "sloped roof."

    - Shooter was spotted by law enforcement officials nearly 30 minutes before the rally started but nobody confronted him.

    - Shooter was spotted using a literal range finder and still nobody confronted him

    - Three counter snipers were in the building that the shooter used and took pictures of him but still nothing was done.

    - Members of the crowd pointed out the shooter on the roof to law enforcement but still nothing was done to engage him

    - A law enforcement officer confronting the shooter just before he fired but not engaging because he pointed his rifle at him

This is the either the most incompetent security failure in American history or a deliberate attempt to leave President Trump vulnerable.

 

Biden to push for Supreme Court ethics reform, term limits and amendment to overturn immunity ruling  https://www.cnn.com/2024/07/16/politics/supreme-court-reform-joe-biden-ethics-immunity-term-limits

 

The self-absorbed, narcissistic, and fake-tough guy Biden is throwing a hissy fit that the SOTUS isn’t rubberstamping his lawfare against Trump and his unconstitutional Eos and programs.  The Big Guy is the last person in DC that should be advocating ethics standards and TERM LIMITS!

 

George Clooney floats JB Pritzker as candidate in op-ed calling for Biden to step aside

(Does Clooney have Biden’s mental acuity?  JB is purportedly the ‘Fredo’ of the Pritzker family!)

https://www.nbcchicago.com/news/local/chicago-politics/george-clooney-jb-pritzker-biden-alternative-op-ed/3486004/

 ​​​​ 

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