On "China Dumps US Bonds" Attempts At Clickbaiting

Submitted by Tyler Durden on 06/04/2011 15:10 -0400

In the aftermath of last week's disclosure to preempt the massive hoax story sourced by one "Sorcha Faal" involving a whole lot of false allegations pertaining to DSK, Russia and gold, all of it based not one single, sourcable fact, we have now been inundated with emails directing us to a story which has appeared in CNS News (and the fact that it was carried by Drudge Report does make it any easier), titled "China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills." Once again, while most readers will see right through this superficial attempt at clickbaiting, for the benefit of everyone else, we would like to briefly respond to how this article would look like when one actually looks at the facts.

In The News Today

June 4, 2011, at 11:10 am
by Jim Sinclair 

Jim Sinclair’s Commentary

Only cowards trade their supposed safety in exchange for their freedom.

Live free or die slowly.

Senators sound alarm over Patriot Act extension By Ken Dilanian Washington Bureau
June 2, 2011, 6:43 a.m.
When two senators warned that the Patriot Act is being interpreted in a secret way that would alarm Americans if they knew the details, civil liberties activists could only speculate about what they meant.
The activists’ fear: that the government is using the anti-terrorism law to collect vast troves of personal information, including cellphone records, on Americans who have no link to terrorism.
Congress voted overwhelmingly last week to reauthorize key provisions of the Patriot Act for four more years. President Obama signed it from France by authorizing the use of an autopen.
The Senate debate on the law featured an unusual dissent by two senators who serve on the Intelligence Committee.
Sens. Ron Wyden of Oregon and Mark Udall of Colorado, both Democrats, proclaimed that the Patriot Act’s surveillance powers are being used far more expansively than most Americans realize. But they can’t disclose what they know, they said, because the documents that detail how the Obama administration implements the act are classified. As members of the Intelligence Committee, Wyden and Udall are privy to secret briefings.
More…




From Pioneers to Pansies.

'Financial repression' of negative rates is likely Fed policy for decade, Rickards says

 

 

20 Facts About US Inequality That Everyone Should Know (With An Update On The Uber-Wealthy And Global Wealth Inequality)

Submitted by Tyler Durden on 06/04/2011 16:10 -0400

Courtesy of the Stanford Center for the Study of Poverty and Inequality, we bring you the "20 facts about US Inequality that Everyone Should Know". For everything one has always wanted to know about wage inequality, CEO pay, homelessness, education wage premium, gender pay gaps, occupational sex segregation, racial gaps in education, racial discrimination, child poverty, residential segregation, health insurance, inter and intragenerational income mobility, bad jobs, discouraged workers, wealth inequality, labor market deregulation, job losses, immigrants and inequality and productivity and real income, this is the definitive resource. 

Guest Post: The Final Form of Human Government

As Donne reminds us, No man is an island, at least if he attains to the order, the harmony – that “pleasing combination of the elements” – for which he naturally yearns. Alone against the elements, man is as nothing, scratching out an existence unfit for his kind and indeed destructive of it, selfless because, in having no others with whom to associate, no true self exists. But in that convivium – that “living together” – a self emerges, or at least the reflection of a self, into which he gazes and through which he begins not only to act but to act human, the goal of which is always the satisfaction of the acting man’s desires. And that, as we have said, is the source and sustenance of the social enterprise...