[Ed. Note: As we have noted numerous times recently, since the US government ended the ban on ‘domestic propaganda’ , absolutely every “event” must be thoroughly examined and questioned.]
from Chris Fritz:
[hat tips: Mangrove, Howard, Eric for sparking this conversation]
from Chris Fritz:
[hat tips: Mangrove, Howard, Eric for sparking this conversation]
Virgina Killer Sent "Suicide Note" To ABC, Says Massacre Is "Race War" In Reaction To Charleston Shooting
Submitted by Tyler Durden on 08/26/2015 - 14:35 “Why did I do it? I put down a deposit for a gun on 6/19/15. The Church shooting in Charleston happened on 6/17/15…”"Yes, it will sound like I am angry...I am. And I have every right to be. But when I leave this Earth, the only emotion I want to feel is peace....”
“The church shooting was the tipping point…but my anger has been building steadily...I’ve been a human powder keg for a while…just waiting to go BOOM!!!!”.
Virginia Reporter, Photographer Killed During Live TV Report; "Disgruntled Employee" Gunman Tweets Attack, Shoots Himself
Submitted by Tyler Durden on 08/26/2015 - 08:59 Vester Lee Flanagan - aka Bryce Williams - the gunman who killed two journalists during a live broadcast in Virginia has attempted suicide and is "in a very critical condition", media report.
In a stunning update, the disgruntled employee gunman - has tweeted the moment he killed the two news people... (video has been removed from his twitter and facebook account which are now suspended). While Americans are becoming numb to inner city violence, shooting sprees, and lone gunmen at military installations, the following stunning clip - from live TV at the Bridgewater Plaza in Bedford County, Virginia - of a reporter and photographer being shot and killed is likely to raise the public's awareness of the underlying chaos occurring under the surface in America every day...
What If The "Crash" Is As Rigged As Everything Else?
Submitted by Tyler Durden on 08/26/2015 - 08:51 Take your pick - here's three good reasons to engineer a "crash" that benefits the few at the expense of the many.
Was Monday's ETF Collapse Just A Warmup?
Submitted by Tyler Durden on 08/26/2015 - 14:20 During Monday's flurry of tripped circuit breakers and flash crashing mayhem, ETF investors learned the hard way that Howard Marks was precisely correct when he warned that ETFs "can't be more liquid than the underlying and we know the underlying can become highly illiquid." The question now, is whether subsequent flash crashes will trigger even more spectacular divergences between fair value and ETF unit prices on the way to proving, once and for all, that ETFs may indeed be the new financial weapons of mass destruction.
China Stunner: Real GDP Is Now A Negative -1.1%, Evercore ISI Calculates
Submitted by Tyler Durden on 08/26/2015 - 14:05 Courtesy of Evercore ISI, which using its own GDP equivalent index - the Synthetic Growth Index (SGI) - we get a vastly different China GDP result from the official one, namely Chinese growth of -1.1% annually. Or rather, contraction.
1000s Of Political Figures Are Stashing Cash In Swiss Accounts, Foreign Ministry Admits
Submitted by Tyler Durden on 08/26/2015 - 13:52 In spite of all the attention the nation has received in recent years, SCMP reports that thousands of so-called "politically exposed persons”, or PEPs - a category that includes heads of state and other top officials - hold Swiss bank accounts, a Swiss foreign ministry official said. But, perhaps not for much longer as Bern aims to finalize a law aimed at simplifying the process of freezing and unblocking such funds.
The Fun-Durr-Mental Reason Why Stocks Are Bouncing (Again)
Submitted by Tyler Durden on 08/26/2015 - 13:44 ... or why the number 119.00 is the most important in the world right now...
Something Is Very Wrong At Mexico's Largest Construction Company...
Submitted by Tyler Durden on 08/26/2015 - 13:23 Presenting: the biggest bond implosion yet in the unfolding EM crisis...
Lowest Bid-To-Cover Since 2009 In Ugly, Tailing 5 Year Auction As China Dumping Story Picks Up Steam
Submitted by Tyler Durden on 08/26/2015 - 13:14 Cofirming that China is clearly out of the market for the time being, was the Indirect take down, which at 50.1% was the lowest since October and with Directs of 7.3% not stepping up, it meant Dealers were stucking holding 42.5% of tthe auction, the lowest since January 2014.
When The FOMC Completely Loses The 'Inflation' Argument
Submitted by Tyler Durden on 08/26/2015 - 12:54 Lost in all the stock market focus is the renewed disaster being signaled across credit markets, “inflation” expectations in particular. Here oil prices and the “dollar’s” darkening intersect with credit and broad financial settings. Quietly, market-based measures of the anticipated future “inflation” path have crashed. It can no longer be transitory, which extrapolates nowhere good for monetary policy, orthodox economics and the actual global economy. The theme for several years now has been that “they don’t know what they are doing” and once more we find that proven by “unexpected” events that were perfectly predictable outside the orthodox bubble.
Third VIX ETF Short Squeeze In A Row Sends Stocks To Low-Of-Day
Submitted by Tyler Durden on 08/26/2015 - 12:42 For the third day in a row, VXX - the VIX ETF - is suffering a dramatic short squeeze (which makes sense given than short interest is 64.08mm shares against 68.1mm shares outstanding). This surge is weighing on stocks which just hit the low of teh day - with Small Caps now in the red.
Full Witch Hunt: Chinese Police Probe Securities Regulator While Securities Regulator Probes Brokers
Submitted by Tyler Durden on 08/26/2015 - 12:35 Not satisfied with having arrested a reporter and a prominent investment banker, China is also looking into alleged improprieties at CSRC, the regulator which runs the CSF equity plunge protection team. Meanwhile, CSRC is conducting its own investigations into multiple brokers.
Is John Paulson The Biggest Loser From Today's Blown Monsanto-Syngenta Deal
Submitted by Tyler Durden on 08/26/2015 - 12:19 The size of Paulson's stake is unknown, however we do know that the top 20 shareholders top out at about $150 million in SYNN holdings. Assuming a $200 million Paulson stake, that means that Paulson's paper losses were likely $30-40 million today (depending on the price he build up his stake), losses which may have been booked if Paulson decided to cash out.
Iran Prepared To Defend Old Market Share "At Any Cost"
Submitted by Tyler Durden on 08/26/2015 - 11:55 Iran’s oil minister says his country supports calls for an emergency OPEC meeting to explore ways to shore up the price of oil, but even without such an effort, Tehran is willing to regain its market share “at any cost.”
Is This Where VIX Is Going Next?
Submitted by Tyler Durden on 08/26/2015 - 11:08 Once again the HFTs appear to be signaling market direction, this time in VIX.
Paper money eventually returns to its intrinsic value – zero. – VoltaireThe value of fiat currencies is based on faith – faith in the entity that is issuing the currency. In the case of the dollar, it’s issued by the Treasury and backed by the “full and faith and credit of the U.S. Government.”
In reality the dollar is simply a debt instrument which the Government issues to the public. There is no real objective measure of the dollar’s value. But let’s examine the “credit” of the U.S. Government. The Government has issued $18 trillion in Treasury debt. When the debt ceiling limit eventually is raised, that number will likely quickly jump north of $19 trillion. It also guarantees about $7 trillion Fannie Mae and Freddie Mac debt. It also backstops about $1.3 trillion in student debt.
Read More
by Dave Hodges, The Common Sense Show:
Trapped within the fanfare Chinese Black Monday and the American stock market plunging almost 600 points yesterday, suspicious explosions in China and on an American military base, there has been a very important, but quiet development ,which is escaping the attention of both the American people and the Independent Media.
The Corker Bill Spells the End of the Second Amendment
We are safe from the ravages of the UN Small Arms Treaty, aren’t we? In fact, many Senators have openly stated that they refuse to ratify this controversial treaty. Well, that is not exactly true. There is a new process established by the new Corker bill may very well have changed the way treaties are passed from here on out.
Read More
Trapped within the fanfare Chinese Black Monday and the American stock market plunging almost 600 points yesterday, suspicious explosions in China and on an American military base, there has been a very important, but quiet development ,which is escaping the attention of both the American people and the Independent Media.
The Corker Bill Spells the End of the Second Amendment
We are safe from the ravages of the UN Small Arms Treaty, aren’t we? In fact, many Senators have openly stated that they refuse to ratify this controversial treaty. Well, that is not exactly true. There is a new process established by the new Corker bill may very well have changed the way treaties are passed from here on out.
Read More
from KingWorldNews:
Today King World News is featuring a piece by a man whose recently
released masterpiece has been praised around the world, and also
recognized as some of the most unique work in the gold market.
Gold And The Illusion Of Nominal Value
We are all victims of the illusion of nominal value. The incessantly increasing money supply leads to a steady trend of rising consumer prices. As incomes are rising as well, we tend not to question the rising level of prices.
Read More…
Today King World News is featuring a piece by a man whose recently
released masterpiece has been praised around the world, and also
recognized as some of the most unique work in the gold market.Gold And The Illusion Of Nominal Value
We are all victims of the illusion of nominal value. The incessantly increasing money supply leads to a steady trend of rising consumer prices. As incomes are rising as well, we tend not to question the rising level of prices.
Read More…
from The News Doctors:
A little more than a year ago, oil prices were above $100 a barrel.
The national average for gasoline was in the $3.50 range. In late
spring, oil was $60ish and the national average for gas was around
$2.70. The price of a barrel of oil has plunged to $40 and below—yet, prices at the pump are just slightly less than they were when oil was almost double what it is today.
Oil and gasoline prices usually travel up or down in sync. But a few weeks ago the trend lines crossed and oil continued the sharp decline while gasoline has stayed steady—even increasing.
Oil’s down, gasoline isn’t. Consumers are wondering: “What’s up?
Read More
A little more than a year ago, oil prices were above $100 a barrel.
The national average for gasoline was in the $3.50 range. In late
spring, oil was $60ish and the national average for gas was around
$2.70. The price of a barrel of oil has plunged to $40 and below—yet, prices at the pump are just slightly less than they were when oil was almost double what it is today.Oil and gasoline prices usually travel up or down in sync. But a few weeks ago the trend lines crossed and oil continued the sharp decline while gasoline has stayed steady—even increasing.
Oil’s down, gasoline isn’t. Consumers are wondering: “What’s up?
Read More
from Washington’s Blog:
How did the US propel itself so far ahead, to the point that it could, alone, comprise about half of global military spending?
Professor of history at Cornell University: “The idea that the commodification and suffering and forced labor of African-Americans is what made the United States powerful and rich is not an idea that people necessarily are happy to hear. Yet it is the truth.”
Even divided in half, the two halves of the US would still be tied for the lead in global military spending, 89 billion dollars each ahead of the number two spender, China.
Read More
How did the US propel itself so far ahead, to the point that it could, alone, comprise about half of global military spending?Professor of history at Cornell University: “The idea that the commodification and suffering and forced labor of African-Americans is what made the United States powerful and rich is not an idea that people necessarily are happy to hear. Yet it is the truth.”
Even divided in half, the two halves of the US would still be tied for the lead in global military spending, 89 billion dollars each ahead of the number two spender, China.
Read More
from Paul Craig Roberts:
The British Labour Party no longer represents the working class. Under
UK prime minister Tony Blair, the Labour Party became a vassal of the
One Percent. The result has been a rebellion in the ranks and the rise
of Jeremy Corbyn, a principled Labourite intent on representing the
people, a no-no in Western “democracies.”
Corbyn is too real for the Labour Party Blairites, who hope to be rewarded with similar nest eggs as Blair for representing the capitalist One Percent. So what is the corrupted Labour Party doing to prevent Corbyn’s election?
The answer is that it is denying the vote to Corbyn supporters. You can read the story here:
http://www.globalresearch.ca/britains-labour-party-purge-is-underway-preventing-supporters-from-voting-for-jeremy-corbyn/5471194
Read More
The British Labour Party no longer represents the working class. Under
UK prime minister Tony Blair, the Labour Party became a vassal of the
One Percent. The result has been a rebellion in the ranks and the rise
of Jeremy Corbyn, a principled Labourite intent on representing the
people, a no-no in Western “democracies.”Corbyn is too real for the Labour Party Blairites, who hope to be rewarded with similar nest eggs as Blair for representing the capitalist One Percent. So what is the corrupted Labour Party doing to prevent Corbyn’s election?
The answer is that it is denying the vote to Corbyn supporters. You can read the story here:
http://www.globalresearch.ca/britains-labour-party-purge-is-underway-preventing-supporters-from-voting-for-jeremy-corbyn/5471194
Read More
from Western Journalism:
Not only can he belt out hit lyrics, but country music superstar
Charlie Daniels can also fire off an incredibly hard-hitting letter to
Congress — a blistering open letter that could easily serve as Daniels’
entry into rough-and-tumble politics, should he ever choose to switch
careers.
Published by CNS News, this missile, uh, missive takes dead aim at a body of lawmakers that Daniels condemns as “milksop, politically correct, scared of their own shadow, pushover, pathetic excuses for public servants who are supposed to be representing a constituency of citizens who have to live with the circumstances of their timid folly.”
Read More
Not only can he belt out hit lyrics, but country music superstar
Charlie Daniels can also fire off an incredibly hard-hitting letter to
Congress — a blistering open letter that could easily serve as Daniels’
entry into rough-and-tumble politics, should he ever choose to switch
careers.Published by CNS News, this missile, uh, missive takes dead aim at a body of lawmakers that Daniels condemns as “milksop, politically correct, scared of their own shadow, pushover, pathetic excuses for public servants who are supposed to be representing a constituency of citizens who have to live with the circumstances of their timid folly.”
Read More
by David Gutierrez, Natural News:
The global blockbuster herbicide Roundup (glyphosate) destroys the
ability of honeybees to navigate back to their hives, and it might be
playing a role in the ongoing collapse of pollinator populations
worldwide. This is according to a study conducted by researchers from
the University of Buenos Aires in Argentina and the Free University
Berlin that was published in the Journal of Experimental Biology on July 10.
“These results suggest that, in honeybees, exposure to [glyphosate] doses commonly found in agricultural settings impairs the cognitive capacities needed to retrieve and integrate spatial information for a successful return to the hive,” the researchers wrote.
Although 2014 saw many optimistic predictions about a slower rate of honeybee decline in the United States, the most recent U.S. Department of Agriculture survey showed that the overall trend is still toward honeybee decline. In the past year, more than 40 percent of U.S. honeybee colonies died.
Read More
The global blockbuster herbicide Roundup (glyphosate) destroys the
ability of honeybees to navigate back to their hives, and it might be
playing a role in the ongoing collapse of pollinator populations
worldwide. This is according to a study conducted by researchers from
the University of Buenos Aires in Argentina and the Free University
Berlin that was published in the Journal of Experimental Biology on July 10.“These results suggest that, in honeybees, exposure to [glyphosate] doses commonly found in agricultural settings impairs the cognitive capacities needed to retrieve and integrate spatial information for a successful return to the hive,” the researchers wrote.
Although 2014 saw many optimistic predictions about a slower rate of honeybee decline in the United States, the most recent U.S. Department of Agriculture survey showed that the overall trend is still toward honeybee decline. In the past year, more than 40 percent of U.S. honeybee colonies died.
Read More
from Stefan Molyneux:
from What Really Happened:
There is a term of craft in Propaganda called a “Limited Hangout.” This
refers to admitting to a smaller scandal as a distraction from the
larger scandal that must remain hidden.
One example can be seen in Kenneth Starr’s investigation into the Clintons’ Whitewater affair, which publicly focused obsessively on the Oval Office tryst between Bill Clinton and Monica Lewinsky.
The focus on the sex scandal created the impression in most Americans’ minds that this was the dirt at the heart of Whitewater, even though Clinton’s brief fling with Lewinsky occurred long after the events in Arkansas that Congress was investigating. Following Bill Clinton’s televised admission of an Oval Office orgasm, corporate media dropped the story.
Read More
There is a term of craft in Propaganda called a “Limited Hangout.” This
refers to admitting to a smaller scandal as a distraction from the
larger scandal that must remain hidden.One example can be seen in Kenneth Starr’s investigation into the Clintons’ Whitewater affair, which publicly focused obsessively on the Oval Office tryst between Bill Clinton and Monica Lewinsky.
The focus on the sex scandal created the impression in most Americans’ minds that this was the dirt at the heart of Whitewater, even though Clinton’s brief fling with Lewinsky occurred long after the events in Arkansas that Congress was investigating. Following Bill Clinton’s televised admission of an Oval Office orgasm, corporate media dropped the story.
Read More
“Capitulation,” that’s what I heard a lot today. “Stocks have hit bottom,” was next.Last time there was a real case of “capitulation” was in March 2009 when the S&P 500 had been cut nearly in half. Today, the market is just a tad shy of it. But it was a chaotic day of alternating panic selling, forced selling, and panic dip-buying. And the dip buyers got their fingers burned.
The S&P 500 plunged 5.3% at the open, and soon the dip buyers where all over it. By early afternoon it looked like they might push it into the green when the bottom fell out again. It closed down 3.94% for the day, 8.0% for the year, and 11.5% off its peak in May. So it’s finally and officially in a “correction” – defined as down 10% or more – for the first time since 2011, at least for a day.
Read More
from McAlvany Financial:
McAlvany Weekly Commentary 2015: David heads to China where financial crises accelerates, China dumps 180 billion in U.S. Treasuries & Income starved retirees forced to take risks they WILL regret.
McAlvany Weekly Commentary 2015: David heads to China where financial crises accelerates, China dumps 180 billion in U.S. Treasuries & Income starved retirees forced to take risks they WILL regret.
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