Submitted by Tyler Durden on 04/22/2015 - 12:51 "He told me that I had to go. He said I was interfering with their investigation and I told [him] that I was on a public sidewalk and I had the right to film them.." And then this happened...
Last week we reported that a Citigroup economist said that we need to abolish currency like the U.S. dollar, or at the very least, tax those who possess it.The whole idea made no sense, unless of course you are a big government stooge whose end-game is complete control over peoples’ assets and a desire to track the purchasing activities of consumers.
Now, a new report from Paul Joseph Watson at Infowars.com suggests that this may well be the goal. It turns out that it’s not just Citigroup who wants cash to be banned.
Some JPMorgan Chase customers are receiving letters informing them that the bank will no longer allow cash to be stored in safety deposit boxes.Read More @ SHTFPlan.com
What Happens Next In Greece (In 1 Simple Flowchart)
Submitted by Tyler Durden on 04/22/2015 - 13:18 Simple...
Goldman's Advice On Economy Like Dracula's Advice On Blood Banks, British Economist Says
Submitted by Tyler Durden on 04/22/2015 - 15:15 "Listening to Goldman for advice on how to run the economy is like listening to Dracula on how to run a blood bank,” a prominent British economist says, in response to the bank's assessment of the dangers inherent in a "leftward shift" in the UK government. "Their real aim is to avoid 50p tax rates for high earners, the Mansion Tax and other small impositions which shift some of the burden of austerity onto the shoulders of the rich, the likes of Goldman Sachs bankers and their clients," another economist notes.Dow Swings 750 Points In SloMo Meltup; Bonds, Bullion Battered
Submitted by Tyler Durden on 04/22/2015 - 16:06
from Alt-Market:
All problems, all crises, have at least one solution, if not many
solutions. There is no such thing as an unwinnable scenario. Some may
not be smart enough or courageous enough to see it, but the solution is
always there, waiting to be discovered. The only fight that cannot be
won is the fight in which the enemy makes all the rules and we foolishly
abide by those rules. Life is not a game of chess, and a man can choose
to be more than a pawn anytime he has the guts to do so.
In the past, I have likened the liberty movement to a rebellion against not just tyrants but the game itself – a group of people willing to walk away from the chess board and make their own rules. I stand by that assertion. However, simply walking away is not enough; we must also be willing to take actions that will destroy the game entirely.
Read More @ Alt-Market.com
All problems, all crises, have at least one solution, if not many
solutions. There is no such thing as an unwinnable scenario. Some may
not be smart enough or courageous enough to see it, but the solution is
always there, waiting to be discovered. The only fight that cannot be
won is the fight in which the enemy makes all the rules and we foolishly
abide by those rules. Life is not a game of chess, and a man can choose
to be more than a pawn anytime he has the guts to do so.In the past, I have likened the liberty movement to a rebellion against not just tyrants but the game itself – a group of people willing to walk away from the chess board and make their own rules. I stand by that assertion. However, simply walking away is not enough; we must also be willing to take actions that will destroy the game entirely.
Read More @ Alt-Market.com
"Plan B"
Submitted by Tyler Durden on 04/22/2015 - 17:20 Ask yourself: where do you think this is going? Do you really think your home country will be more free and more prosperous in five years? If not, it’s time to come up with a Plan B...
by Dave Kranzler, Inevstment Research Dynamics:
I can vividly recall the day. I was a 2-year analyst in the fixed
income division at Goldman Sachs (circa 1987). I had worked on a big
presentation in which Goldman’s fixed income brain trust was going to
convince the managers of the Ameritech pension fund to implement a
“duration-matching” rebalancing of their fixed income holdings
(Ameritech was one of the seven regional phone companies that emerged
after the break-up of AT&T by the Government – this was when the
Government was not completely captured by Wall St. and corporate
America).
As a reward for my efforts, I was invited to an meeting in Corzine’s office in which a big group of fixed income geeks was assembled to discuss presentation strategy.
Read More @ InevstmentResearchDynamics.com
I can vividly recall the day. I was a 2-year analyst in the fixed
income division at Goldman Sachs (circa 1987). I had worked on a big
presentation in which Goldman’s fixed income brain trust was going to
convince the managers of the Ameritech pension fund to implement a
“duration-matching” rebalancing of their fixed income holdings
(Ameritech was one of the seven regional phone companies that emerged
after the break-up of AT&T by the Government – this was when the
Government was not completely captured by Wall St. and corporate
America).As a reward for my efforts, I was invited to an meeting in Corzine’s office in which a big group of fixed income geeks was assembled to discuss presentation strategy.
Read More @ InevstmentResearchDynamics.com
from VisionVictory:
Behold The Patsy: First Photograph Emerges Of The "Criminal Mastermind" Reponsible For The Flash Crash
Submitted by Tyler Durden on 04/22/2015 - 12:02 There have been precious few actual glimpses of the infamous flash crash mastermind who has seemingly kept a very low public profile, but moments ago the first sketch emerged of him during his court appearance. As the NYT reports, "appearing in court in London dressed in a canary yellow sweatshirt and white track suit pants, the trader, Navinder Singh Sarao, a British national, sat behind a glass wall looking dazed by the proceedings around him." We, too would be dazed by the stupidity of the CFTC, if faced with the same ridiculous charge. And moments ago, the Telegraph ran the first actual photo of the "criminal mastermind."
Dear CFTC: This Is The Market Manipulating "Spoofing" Taking Place In The E-Mini Just Today
Submitted by Tyler Durden on 04/22/2015 - 15:53 Dear CFTC:Just because we know how serious you are in your quest to root out all market rigging, or as you put it in your charge against Navinder Sarao "manipulation or attempt to manipulate the price of the intra-day contract price for the near month of the E-mini S&P," we have decided together with Nanex to once again give you a helping hand, and point out all the spoofing that has taken place in the E-mini or ES. Just today
The "Smart Money" Has Never Been More Bearish
Submitted by Tyler Durden on 04/22/2015 - 15:35 The put/call ratio of open interest on S&P 100 (OEX) options has historically been a "smart money" indicator. The stock market peaked (anbd has drifted sideways for the last 6-7 weeks) since March 3rd saw an unprecedented string of bearish readings. The bearish OEX put/call readings have not relented, however. In fact, the bearishness has accelerated to an extreme level never seen before.
Why Are Oil & Gas Workers Mysteriously Dying Across America?
Submitted by Tyler Durden on 04/22/2015 - 17:00 Over the past several years, oil & gas workers in North Dakota, Colorado, Texas, Montana, and Oklahoma have mysteriously died while conducting routine checks of oil levels at tank batteries. In many cases, the fatalities were ruled to have been the result of natural causes. Now, it appears the real culprit has been found. The question is: how much did the industry know and why was the problem not addressed?
When Did We All Become Murderers?
Submitted by Tyler Durden on 04/22/2015 - 14:40 Appalled doesn’t cover it. Disgusted won’t do either. Angry doesn’t come close. Maybe we have yet to learn of a word that would express our feelings on the following topic. There’s a disease, an epidemic, that spreads through out the western world. We are all turning into accomplices to murder. And we still believe we are better than that. Just perhaps not all of us.
US Representative Ed Royce (R, CA) is busy at work destroying the
possibility of truth being spoken in the US. On April 15 at a hearing
before the House Committee on Foreign Affairs of which Royce is
chairman, Royce made use of two minor presstitutes to help him redefine
all who take exception to Washington’s lies as “threats” who belong to a
deranged pro-Russian propaganda cult. http://www.prisonplanet.com/bloggers-compared-to-isis-during-congressional-hearing.htmlWashington’s problem is that whereas Washington controls the print and TV media in the US and its vassal states in Europe, Canada, Australia, Ukraine, and Japan, Washington does not control Internet sites, such as this one, or media, such as RT, of non-vassal states. Consequently, Washington’s lies are subject to challenge, and as people lose confidence in Western print and TV media because of the propaganda content, Washington’s agendas, which depend on lies, are experiencing rougher sledding.
Read More @ PaulCraigRoberts.org
by Dave Hodges, The Common Sense Show:
Since I first published the photos of the SAM missile site 45 miles
southeast of Lubbock, TX., I have received both confirmations and
denials befitting membership into the Hall of Fame for Cognitive
Dissonance.
The original photos of the missiles were taken by Travis Kuenstler. I have spoken to Travis on the phone multiple times since the pictures were taken. Travis is well known to talk show host Benny Pope who is also good friends with my colleague, Paul Martin. Despite these intimate connections, here is a small sample size that I have had to endure in the past 48 hours:
Read More
Since I first published the photos of the SAM missile site 45 miles
southeast of Lubbock, TX., I have received both confirmations and
denials befitting membership into the Hall of Fame for Cognitive
Dissonance.The original photos of the missiles were taken by Travis Kuenstler. I have spoken to Travis on the phone multiple times since the pictures were taken. Travis is well known to talk show host Benny Pope who is also good friends with my colleague, Paul Martin. Despite these intimate connections, here is a small sample size that I have had to endure in the past 48 hours:
Read More
from The Daily Sheeple:
There is nothing the banks would love more than to ban paper currency,
though not for the same reason most gold bugs might like to do the
same. If there were no cash, then the banks would have absolute control
over our savings, and we would all have to keep our money “in the
system.” Governments would probably enjoy this as well. It would make it
so much easier for them to track our purchases and profits, and tax
them accordingly.
The desires of the banking cartel became perfectly clear two weeks ago when Willem Buiter, the chief economist for Citigroup, advocated banning cash to supposedly save the global economy.
Read More @ TheDailySheeple.com
There is nothing the banks would love more than to ban paper currency,
though not for the same reason most gold bugs might like to do the
same. If there were no cash, then the banks would have absolute control
over our savings, and we would all have to keep our money “in the
system.” Governments would probably enjoy this as well. It would make it
so much easier for them to track our purchases and profits, and tax
them accordingly.The desires of the banking cartel became perfectly clear two weeks ago when Willem Buiter, the chief economist for Citigroup, advocated banning cash to supposedly save the global economy.
Read More @ TheDailySheeple.com
from The News Doctors:
Icelanders are a proud stubborn people with more than 1200 years of
history, rugged Scandinavian stock, living in one of the most beautiful
natural areas of our Earth. In 2001 her government made a colossal
series of disastrous decisions that resulted in the worst banking crisis
in history.
Prime Minister Davíð Oddsson, enchanted with Milton Friedman’s free market ideas, implemented a course of tax cuts, cut the corporate income tax to 18%, abolished the net wealth tax, lowered the personal income tax and inheritance taxes and privatized the banking system, introducing financial deregulation along lines of the United States, for a nation with a population of a mere 239,000 citizens. He also entered a free trade agreement with the EU. Oddsson joined the charmed circles of Bill Clinton, of George H.W. Bush, who was invited to Rekyjavik to go salmon fishing. He became a regular at Bilderberg meetings. It seems it all went to his head.
Read More @ TheNewsDoctors.com
Icelanders are a proud stubborn people with more than 1200 years of
history, rugged Scandinavian stock, living in one of the most beautiful
natural areas of our Earth. In 2001 her government made a colossal
series of disastrous decisions that resulted in the worst banking crisis
in history.Prime Minister Davíð Oddsson, enchanted with Milton Friedman’s free market ideas, implemented a course of tax cuts, cut the corporate income tax to 18%, abolished the net wealth tax, lowered the personal income tax and inheritance taxes and privatized the banking system, introducing financial deregulation along lines of the United States, for a nation with a population of a mere 239,000 citizens. He also entered a free trade agreement with the EU. Oddsson joined the charmed circles of Bill Clinton, of George H.W. Bush, who was invited to Rekyjavik to go salmon fishing. He became a regular at Bilderberg meetings. It seems it all went to his head.
Read More @ TheNewsDoctors.com
from Outsider Club:
Following day-to-day financial headlines is never a good idea, but we’re all forced to at least scroll past them.
In this sense, even ignoring the articles doesn’t mitigate one of the worst effects of the constant misappropriation of long-term trends to explain broad market churn and volatility.
We’re trained to categorically ignore major catalysts that will have massive effects on long-term investments.
For example, Friday’s headlines focused on Greek worries and weak data, yet these “worries” inexplicably vanished in Monday’s rally.
Read More @ OutsiderClub.com
Following day-to-day financial headlines is never a good idea, but we’re all forced to at least scroll past them.In this sense, even ignoring the articles doesn’t mitigate one of the worst effects of the constant misappropriation of long-term trends to explain broad market churn and volatility.
We’re trained to categorically ignore major catalysts that will have massive effects on long-term investments.
For example, Friday’s headlines focused on Greek worries and weak data, yet these “worries” inexplicably vanished in Monday’s rally.
Read More @ OutsiderClub.com
by Mahdi Darius Nazemroaya, Global Research:
The world is enveloped in a blanket of perpetual conflict. Invasions,
occupation, illicit sanctions, and regime change have become currencies
and orders of the day. One organization – the North Atlantic Treaty
Organization (NATO) – is repeatedly, and very controversially, involved
in some form or another in many of these conflicts led by the US and its
allies. NATO spawned from the Cold War. Its existence was justified by
Washington and Western Bloc politicians as a guarantor against any
Soviet and Eastern Bloc invasion of Western Europe, but all along the
Alliance served to cement Washington’s influence in Europe and continue
what was actually America’s post-World War II occupation of the European
continent. In 1991 the raison d’être of the Soviet threat ended with
the collapse of the USSR and the end of the Cold War. Nevertheless NATO
remains and continues to alarmingly expand eastward, antagonizing Russia
and its ex-Soviet allies. China and Iran are also increasingly
monitoring NATO’s moves as it comes into more frequent contact with
them.
Read More @ GlobalResearch.com
The world is enveloped in a blanket of perpetual conflict. Invasions,
occupation, illicit sanctions, and regime change have become currencies
and orders of the day. One organization – the North Atlantic Treaty
Organization (NATO) – is repeatedly, and very controversially, involved
in some form or another in many of these conflicts led by the US and its
allies. NATO spawned from the Cold War. Its existence was justified by
Washington and Western Bloc politicians as a guarantor against any
Soviet and Eastern Bloc invasion of Western Europe, but all along the
Alliance served to cement Washington’s influence in Europe and continue
what was actually America’s post-World War II occupation of the European
continent. In 1991 the raison d’être of the Soviet threat ended with
the collapse of the USSR and the end of the Cold War. Nevertheless NATO
remains and continues to alarmingly expand eastward, antagonizing Russia
and its ex-Soviet allies. China and Iran are also increasingly
monitoring NATO’s moves as it comes into more frequent contact with
them.Read More @ GlobalResearch.com
by Michael Snyder, The Economic Collapse Blog:
According to the Wall Street Journal,
Greece staying in the eurozone is no longer “the base case” for
European officials, and one even told the Journal that “literally
nothing has been achieved” in negotiations with the new Greek government
since the Greek election almost three months ago. In other words, you
can take all of that stuff you heard about how the Greek crisis was
fixed and throw it out the window. Over the next few months, a big
chunk of Greek government bonds held by the IMF and the European Central
Bank will mature. Unless negotiations produce a load of new cash for
Greece, there will be a default, and right now there is very little
optimism that we will see an agreement any time soon. In fact, as I
wrote about the other day,
behind the scenes banks all over Europe are quietly preparing for a
Grexit. European news sources are reporting that the Greek banking
system is on the verge of collapse, and over the past couple of weeks Greek bond yields have shot through the roof.
Most of the things that we would expect to see in the lead up to a
Greek exit from the eurozone are happening, and now we will wait and see
if the Greeks actually have the guts to pull the trigger when push
comes to shove.
Read More…
According to the Wall Street Journal,
Greece staying in the eurozone is no longer “the base case” for
European officials, and one even told the Journal that “literally
nothing has been achieved” in negotiations with the new Greek government
since the Greek election almost three months ago. In other words, you
can take all of that stuff you heard about how the Greek crisis was
fixed and throw it out the window. Over the next few months, a big
chunk of Greek government bonds held by the IMF and the European Central
Bank will mature. Unless negotiations produce a load of new cash for
Greece, there will be a default, and right now there is very little
optimism that we will see an agreement any time soon. In fact, as I
wrote about the other day,
behind the scenes banks all over Europe are quietly preparing for a
Grexit. European news sources are reporting that the Greek banking
system is on the verge of collapse, and over the past couple of weeks Greek bond yields have shot through the roof.
Most of the things that we would expect to see in the lead up to a
Greek exit from the eurozone are happening, and now we will wait and see
if the Greeks actually have the guts to pull the trigger when push
comes to shove.Read More…
/
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