Both SEC And FINRA Admit That The Market Is Rigged (And They Are Powerless To Fix It)

Submitted by Tyler Durden on 03/28/2015 - 17:01
"When an HFT that is not a member of an association executes an off-exchange trade, the HFT’s identity is usually not reported to the Financial Industry Regulatory Authority, or FINRA, which is the only association currently in existence. This frustrates FINRA’s surveillance efforts as it cannot quickly link trades to the HFTs responsible for them. This is a serious problem because, according to FINRA’s current Chairman, certain market participants disperse their trading activity across multiple markets in an attempt to hide various forms of market abuse, including layering, spoofing, algorithm gaming, and wash sales."
- SEC Commissioner Luis Aguilar.

De-Dollarization Continues As Russia Seeks AIIB Membership

Submitted by Tyler Durden on 03/28/2015 - 15:30 As Moscow and Seoul throw their support behind China's Asian Infrastructure Investment Bank, the question is no longer about the end of dollar hegemony but rather about the extent to which the new venture will be used to institute a global shift towards the yuan.

Trey Gowdy: Hillary Clinton wiped her server clean

from Politico:
Hillary Clinton wiped “clean” the private server housing emails from her tenure as secretary of state, the chairman of the House committee investigating the 2012 terrorist attacks in Benghazi said Friday.
“While it is not clear precisely when Secretary Clinton decided to permanently delete all emails from her server, it appears she made the decision after October 28, 2014, when the Department of State for the first time asked the Secretary to return her public record to the Department,” Rep. Trey Gowdy (R-S.C.), chairman of the Select Committee on Benghazi, said in a statement.
Read More @ Politico.com

Introducing The "Overseas Contingency Operations Account" – Washington's Crony Capitalist War Slush Fund

Submitted by Tyler Durden on 03/28/2015 - 14:45 The imperial spiral into the stratosphere of stupidity is well underway. With zero accountability for those in power, there’s no way to realistically stop it before crash and burn. The best we can hope is to bring the responsible to justice afterward and pick up the pieces by going back to the Constitution.

Greece Prepares To Leave

Submitted by Tyler Durden on 03/28/2015 - 11:01 If Tsipras and Varoufakis should elect to give in to Brussels and Berlin, that decision would still need to be put before the people to vote on, because it would mean a prolongation of austerity. And that is not the mandate. By the same token, if the leadership decides an exit is the only option, and that further negotiations are hopeless because Europe won’t accept anything else than strapping the proud Greek people in a straitjacket, that too will have to be put before a vote. They know there will come a moment when a referendum can no longer be postponed no matter what the polls say. In that, Greece is living up to its glorious past as the cradle of democracy. Still, make no mistake: of course they’re preparing to leave.

Greek Energy Minister Slams "Unscrupulous, Imperialist" Germany, Will Seek "Bold Alternatives" In Russia

Submitted by Tyler Durden on 03/28/2015 - 14:05 The Greek energy minister kicked the hornet's nest point blank earlier today when he said that "Greece is at more than breaking point; urgently needs big, bold alternatives to “German, incumbent Europe"and that "creditors behaving as unscrupulous imperialists towards distant colony, threatening submission or economic suffocation."  More importantly, Lafazanis has some ideas where to find said "big, bold alternatives." In Moscow. Greece's Energy Minister Panagiotis Lafazanis will meet his Russian counterpart and the CEO of energy giant Gazprom in Moscow on Monday, as he hit out at the EU and Germany for tightening a 'noose' around the Greek economy.

UPDATED: 50 Abrams Tanks Appear to Have Been Sent to Ukraine

from Washington’s Blog:
Alarms are being raised both on the right and the left in Austria against what appears to be a stealth move by Obama to send what are clearly attack-weapons (called “Bradley Tanks” but actually they look like Abrams tanks) to what appears to be a likely destination in Ukraine, for what seems to be a planned re-invasion by the U.S.-backed Ukrainian forces into the Donbass region of the former Ukraine.
Here the same photo that was shown before from rightist sites is shown on the leftist site www.facebook.com/OccupyWien:
Supposedly, this train’s next stop was to be in the Czech Republic.
Read More @ WashingtonsBlog.com

The Epidemic of Police Misconduct That No One Is Talking About

from The Daily Sheeple:

Violent police are increasingly criticized for everything from killing dogs to shooting the homeless and beating the mentally ill. These abuses of power are disturbing and desperately need attention. One under-discussed problem with police accountability (or lack thereof), however, is police irresponsibility while driving.

Stories about drunk officers driving the wrong direction on freeways and hitting civilians or soberly ramming into pedestrians are not uncommon. This week alone, three cops caused mayhem and fatalities on the road.
In New Jersey, a car of off-duty officers (who had posted a picture of whiskey shots to Instagram earlier that evening) drove the wrong direction on a freeway, killing a civilian and one of the officers in the vehicle. Two other officers were critically injured. The driving officer had a previous DUI and 8 prior accidents on record. The Police Chief of Linden, James Schulhafer, was vague in his comments, saying “We were all young once and I’m sure we’ve all done stupid things in our life.”
Read More @ TheDailySheeple.com

Paul Craig Roberts – The United States Is Broke And Europe Looks To China As Insane U.S. Policymakers Push For War

from KingWorldNews:
Eric King: “Dr. Roberts, the Chinese-led Asian Infrastructure Investment Bank (AIIB) has made tremendous inroads (with the Europeans). As you know, the UK, France, Italy, etc, joined. Countries are leaving the United States in droves here and looking to the East and saying, ‘Look, we understand you are protesting Washington DC, but we don’t hear you because we have to be part of this (AIIB) — your thoughts on that.”
Dr. Paul Craig Roberts: “That’s another example of where the world has decided that serving Washington doesn’t pay. And so the kind of enslaved, vassalage behavior of other governments toward Washington seems to be drawing to an end….
Dr. Paul Craig Roberts Audio Interview @ KingWorldNews.com

Russia and China Will END Dollar

from TruthNeverTold:

CENTRAL BANKS LOSING CONTROL: Are The Seeds Of A Global Depression Sprouting?

from SRSrocco Report:

If the “markets” are rigged and economies divorced from true market valuations, then what (if anything) could trigger a recoupling of reality to the record setting flashing numbers presently offered by the “market” facade?  My best guess is decelerating global credit and debt creation (and a rotation from private to government debt creation) is the harbinger progressively pushing the financial rigging to its ludicrous conclusion.  The rigging isn’t likely to stop, but the loss of belief and confidence in these numbers (along with economic mismanagement based on these faulty signals) is soon to force market resets and revaluations of everything.  This will culminate in a global depression of unknown duration and depths until balance is restored.
Read More…

"I'm Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After Proclaiming "It Won't Hurt You"

Submitted by Tyler Durden on 03/28/2015 - 09:39 "Do as I say, not as I do," appears to be the message from a controversial lobbyist who claimed that the chemical in Monsanto’s Roundup weed killer was safe for humans refused to drink his own words when a French television journalist offered him a glass... "I'm not stupid," he proclaims... you be the judge...

Mmmm…Have a Nice Big Glass of Round-Up with This Monsanto Lobbyist…Oh…Wait

by Daisy Luther, Nutritional Anarchy:

You all know that we here at Nutritional Anarchy are adamantly opposed to toxic farming methods like the use of Round-Up killer.
But little did we know that it is apparently so safe you could drink an entire quart of it and live to tell the tale. Apparently according to a former Greenpeace-activist-turned-Monsanto-lobbyist (there’s gotta be a heck of a story in how that particular occupational transition occurred), it wouldn’t hurt you at all. (You can read Patrick Moore’s bio HERE, and wonder with us exactly how much it costs Monsanto to buy themselves their very own environmentalist.)
Read More @ NutrionalAnarchy.com

The Bubble Machine Is Complete: Soaring Stocks Push Investors Into Bonds Whose Issuers Buy More Stocks

Submitted by Tyler Durden on 03/28/2015 - 09:29 As JPM notes, soaring equity prices have had the effect of altering investors’ asset allocations, effectively tipping the balance towards equities even as money flows into bond funds. "The more equity prices increase, driven by either hedge funds or investors with low equity allocations, such as Japanese pension funds the higher the incentive by other investors who are already very overweight equities to buy bonds to prevent their bond allocation from falling too low."

Santelli Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value"

Submitted by Tyler Durden on 03/27/2015 - 23:30 Intended warning or unintended slip? After Alan Greenspan's confessional admission that "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it," we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that "cash in not a very convenient store of value," seemingly hinting at Bernanke's helicopter and that there will be no deflation in The US ever... Rick Santelli then sums it all up perfectly... "deflation is clearly the boogeyman... and the only thing that will save the middle class."

Pentagon "Loses Track" Of Equipment From $750mm Bomb-Spotting Program, Finds On eBay & Craigslist

Submitted by Tyler Durden on 03/27/2015 - 22:05

What Deflation? The Price Of Ground Beef Has Doubled Since The Last Financial Crisis

Submitted by Tyler Durden on 03/27/2015 - 20:45 Since the depths of the last recession, the price of ground beef in the United States has doubled. Has your paycheck doubled since then? Even though the Federal Reserve insists that we are in a “low inflation” environment, the government’s own numbers show that the price of ground beef has been on an unprecedented run over the past six years...

Why There Is No Wage Growth In America

Submitted by Tyler Durden on 03/27/2015 - 20:04 Over the past 2 years the Obama administration has been desperate to boost minimum wages, usually over tedious bickering with republicans and corporations who have resisted such an increase, with neither party realizing that such a measure would not do much to actually boost aggregate spending. Instead, what Obama should have been focusing on was to limit the maximum number of hours worked per week, because as the following chart shows, the reason why weekly pay is rising and aggregate earnings is not due to an increase in hourly wages but because Americans are simply working longer hours every week: not quality but quantity.

A World In Change – Shanghai Cooperation Organization

from The Daily Coin:
We present a comprehensive review of the Shanghai Cooperation Organization, including the members, the economics, the resources involved and the people. We show how this global organization is going to impact every person, business and country world wide.
The US Dollar hegemony is dying. The Eastern countries are preparing for what is coming next. We hope you will heed the warning and begin doing your on research and plan accordingly. Everything is going to change and tomorrow will not look, nor operate, as it does today.
Alasdair Macleod from GoldMoney.com and FinanceandEconomics.org begins by introducing who is currently involved and how they relate to one another economically. Craig Hemke from TFMetalsReport.com introduces us to the economics, currency swaps and the possibility of a gold back currency. Dave Kranzler from InvestmentResearchDynamics.com introduces us to some of the history and comprehensive look at the members list and explains how China may be “playing along” with the IMF regarding the SDR (Special Drawing Rights) fiat currency.
Read More

Ending the Drug War and the US Government Terrorist Organization

from TheDollarVigilante:



Jeff is interviewed by Jim Goddard of the Goddard Report, topics include, gold is real money, a massive change coming, fiat currency collapse, the rise of Bitcoin and cryptocurrencies, freedom to trade, marijuana, medical cannabis oil, hemp, ending the war on drugs, the evil that is government, unjust prison system, unjust laws, fascism, police and lawyers the biggest lobbyists for the war on drugs, Barack Obama, the Whitehouse now exempt from from the freedom of information act, rampant violation of the constitution, Canada following down the same path…

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