We Are Now Set Up For One Of The Most Spectacular Financial Disasters In History

from Kingworldnews:
Despite the hoopla here in America over the Nasdaq reaching 5,000 again, the rest of the world ignored that monumental “milestone” with overnight stock markets nearly all a bit lower. Even more unusual was the fact that nearly all the bond markets declined as well. I don’t want to make too much of one night, but I found the development moderately interesting (I am especially focused on the action of JGBs).
As for stocks here, they were weaker after yesterday’s first-of-the-month jam job to achieve the aforementioned Nasdaq big round number, and through midday they had lost about 1% before an afternoon rally trimmed the losses to the 0.5% or so you see in the box scores.
Bill Fleckenstein Continues @ King World News

IMF Director Admits: Greek Bailout Was "To Save German & French Banks"

Submitted by Tyler Durden on 03/04/2015 - 17:30 For the first time in public, though practically the entire world assumed it, an official from The IMF has admitted that the various Greek bailouts were not for The Greeks at all... "They gave money to save German and French banks, not Greece,” Paolo Batista, one of the Executive Directors of International Monetary Fund told Greek private Alpha TV on Tuesday. As KeepTalkingGreece reports, Batista then went on to strongly criticized not only the euro zone and the European Central Bank but also the IMF and the Fund’s managing Director Christine Lagarde for defending Europe much too much...

The Chinese Buy Billboards Announcing The Renminbi As "The New World Currency"

Submitted by Tyler Durden on 03/04/2015 - 16:34 When we arrived to Bangkok the other day, coming down the motorway from the airport we saw a huge billboard - and it floored us. The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”

Dow's Worst Day Since January Despite Crude Buying Panic

Submitted by Tyler Durden on 03/04/2015 - 16:07

 

History Made: For The First Time Ever, US Consumers Spent More On Food In Restaurants Than In Grocery Stores

Submitted by Tyler Durden on 03/04/2015 - 17:07 For the first time ever, the spending patterns of US consumers are so skewed, that Americans, or at least a small fraction of them, spent more on restaurants and bars, than what Americans, the much larger fraction, spent on grocery stores to prepare food for themselves.
 

Caught On Tape: DashCam Footage Captures Nemtsov Murder Scene

Submitted by Tyler Durden on 03/04/2015 - 15:55 It appears some more of the cameras around the Kremlin were working when Boris Nemtsov was assassinated last week. The following, rather stunning clip - given we now know what transpired - shows the immediate (within 3 minutes) aftermath of the murder, the white "getaway" car accelerating, and the garbage truck...
 

NFIB Chief Economist Warns "Bubble In US Net Worth Has Reached Unsustainable Heights"

Submitted by Tyler Durden on 03/04/2015 - 15:48 "The relationship of U.S. net worth to GDP appears to have reached unsustainable heights," warns NFIB Chief Economist William Dunkelberg, adding that a massive decline in the value of assets is "more likely" than a massive increase in GDP. Logically this seems unavoidable, unless you believe that we are truly wealthier now, even with an economy that is delivering a rather poor performance (historically weak output and sales growth) in real terms. It would seem not to be 'whether' we will adjust but when.
 

The Scariest Spreadsheet In Fed Possession Revealed

Submitted by Tyler Durden on 03/04/2015 - 15:44

 

Hillary Clinton's "Personal" Emails To Be Subpoenaed

Submitted by Tyler Durden on 03/04/2015 - 15:20 In the aftermath of the revelations that Hillary Clinton had exclusively used a personal email account to conduct state correspondence with diplomatic leaders around the globe and pretty much everyone else, it was only a matter of time before the subpoenas started flying. That time is now and as WaPo reports, the "House investigative committee is preparing to send out subpoenas later Wednesday to gather a deeper look into former secretary of state Hillary Rodham Clinton’s nearly exclusive use of personal e-mails to do her official business as the government’s top diplomat, according to people familiar with the probe."
 

Nasdaq 5,000 Is Different This Time... But Not In A Good Way!

Submitted by Tyler Durden on 03/04/2015 - 14:29 So today what is different is not the Wall Street spiel that Nasdaq is anchored by the likes of Apple rather than Webvan. Since the two days of March 9 and 10 in the year 2000 when the Nasdaq closed over the 5,000, the financial markets have been converted into central bank managed gambling halls and the global economy has bloated beyond recognition by 15 years of non-stop financial repression. Back then, a few hundred stocks were wildly over-valued based on monetizing eyeballs; now the entire market is drastically overvalued owing to the false financial market liquidity generated by $14 trillion of central bank asset monetization - mostly public debt - since the turn of the century. As a result, the global financial system and economy are orders of magnitude more fragile and vulnerable to collapse than they were 15 years ago.
 

The Only Notable Thing About Today's Beige Book Release...

Submitted by Tyler Durden on 03/04/2015 - 14:08 ...is that while nobody actually cares about its contents, when the flashing red headlines hit, they set off a firestorm of HFT algo buying in WTI on the day of the biggest inventory build in...forever.
 

On February 7, 2009 Bernanke Admitted What It Was All About

Submitted by Tyler Durden on 03/04/2015 - 13:44 "I am somewhat concerned, at least given the way things stand now, about the market reaction. First, the lack of details will create some uncertainty and concern, particularly because there’s not a great deal said about the “problem children,” the BAC and Citi. Secondly, I think the markets will be disappointed in the following sense: As I will describe, this is a real truth-telling kind of plan. It’s fundamentalist. It’s not about giving the banks a break. It’s not about using accounting principles  to give them backdoor capital. It’s very much market-oriented and “tough love.” And I think we all will like that. I like that. But the banks’ shareholders aren’t going to be thrilled about it."
 

"There’s Going To Be Chaos" - What Is The Worst-Case Outcome Of Today's Supreme Court Obamacare Hearing

Submitted by Tyler Durden on 03/04/2015 - 11:38 Today, for the second time since 2012, the fate of Obamacare lies in the hands of the Supreme Court, and like last time, it will likely be all about Justice John Roberts ' decision. Later today, the US Supreme Court will hear oral arguments in the case of King v. Burwell, the latest challenge to Obamacare, and one that could potentially leave it gutted from an unexpected direction. As a result, nearly eight million Americans could lose their health insurance depending on how the Supreme Court interprets four words in the "Affordable" Care Act.
 

Private Police: Mercenaries for the American Police State

by John W. Whitehead The Rutherford Institute:

“Corporate America is using police forces as their mercenaries.”—Ray Lewis, Retired Philadelphia Police Captain
It’s one thing to know and exercise your rights when a police officer pulls you over, but what rights do you have when a private cop—entrusted with all of the powers of a government cop but not held to the same legal standards—pulls you over and subjects you to a stop-and-frisk or, worse, causes you to “disappear” into a Gitmo-esque detention center not unlike the one employed by Chicago police at Homan Square?
For that matter, how do you even begin to know who you’re dealing with, given that these private cops often wear police uniforms, carry police-grade weapons, and perform many of the same duties as public cops, including carrying out SWAT team raids, issuing tickets and firing their weapons.
Read More @ Rutherford.org:

The CIA-Controlled Neocon Washington Post

from The News Doctors:
America’s MSM mock legitimate journalism. State propaganda Big Lies substitute for real news, information and analysis on issues mattering most.
The Washington Post ranks with the worst. Its editorial policy long ago fell from grace. It openly fronts for wealth, power and privilege.
Extreme hawkishness defines its agenda. Neocons control editorial policy. Owner Jeff Bezos has CIA ties. He’s bought, paid for and owned by dark forces ruling America.
Read More @ TheNewsDoctors.com

America Has a Definitive Date With Depopulation

by Dave Hodges, The Common Sense Show:
Does America have a date with destiny? Is that date known? This article will examine the answers to these two questions.
The Internet is filled with revelations of how the global elite want to depopulate humanity by 90%.
On August 27, 2014, I exposed the megacities concept in revealing something called the America 2050 plan.
The enslavement of America has taken center stage and it is indeed called “America 2050“. The plan for America 2050 is to herd Americans into 11 megacities consisting of six million people each totaling 66 million people. Under this plan, there are no provisions for any other population developments. After reporting in the August 27, 2014 article, I thought the target date for the implementation of the megacities plan would be the year 2050 as indicated in the title of the organization which is behind the planning of this concept (the article can be read here).
Read More @ TheCommonSenseShow.com

White House Petition Against Mandatory Vaccination Reaches 100,000 Signature Threshold — Will Obama Respond?

from TRUTHstreammedia:

(Truthstream Media) The petition up on WhiteHouse.gov against mandatory vaccinations — the one the White House tried to bury — has, at the time of writing this, reached well over the 100,000 signatures needed by March 6th in order to supposedly garner a response from our president’s administration.
The petition is short, sweet, and to the point:
No human being should be FORCED to be vaccinated against their will and/or personal/religious beliefs. I petition against making vaccinations of any kind mandatory. This includes forcing children to be vaccinated to attend public schools, activities, and daycare centers. This also includes adults working in the public or private sector.
Read More @ TruthStreamMedia.com

US government openly admits vaccines can cause polio, seizures and death in published ‘Vaccine Injury Table’

by Ethan Huff, Natural News:
Those crazy anti-vaxxers, always listening to Jenny McCarthy, Google, “random anti-vaccine web commenters and .. the U.S. government? That’s right, the U.S. Department of Health and Human Services (HHS) has a section on its National Vaccine Injury Compensation (NVIC) Program website entitled “Vaccine Injury Table” that openly lists all the severe injuries and conditions that can occur from vaccinations, including things like brain damage, paralytic polio and death!
It must be the federal government pranking us with that pesky chain email we’re constantly hearing about in the mainstream media and on late-night “comedy” television — you know, that mythical piece of digital spam from which all anti-vaxxers decide not to vaccinate their children. Because there’s never existed one single shred of evidence showing that vaccines are in any way harmful, we’re constantly told, so this must be another one of Dr. Andrew Wakefield’s “discredited” studies, right?
Read More @ NaturalNews.com

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