Saturday, October 31, 2015

Mainstream Media Looks In The Mirror...

Could Not Be Clearer...

US Special Forces Are In Iraq/Syria To Hide The Islamic States True Mission

from X22Report:

Russian A321 Fell ‘Almost Vertically’

from RT:

Another Black Swan? Turkey Holds Snap Elections Amid NATO-Backed Civil War

There’s a potential black swan event taking place in Turkey on Sunday and no one seems to care. That is, the media isn’t devoting nearly enough coverage to Turkish elections considering the impact the outcome will invariably have on the situation in Syria, on the fate of the lira, and on the Pentagon’s strategy with regard to embedding spec ops with the YPG.

Crude Supertanker Rates Collapse As VLCC 'Traffic' To China Lowest In 13 Months

A few days ago we warned, confirming Goldman Sachs' earlier analysis that the world was running out of space to store crude distillate products, that China was running out of storage space for crude oil as it dramatically ramped up its Strategic Petroleum Reserve 'buy low' plan. While the brightest indicator at the time was "about 4 million barrels of crude oil stranded in two tankers off an eastern port for nearly two months," this week, the dial went to 11 on the oil-demand-fear-o-meter, as Bloomberg reports supertankers sailing to Chinese ports plunged to its lowest in 13 months, sending the daily rate for shipping crashing. The marginal demand-er of last resort just left the market.

Mario Draghi Admits Global QE Has Failed: "The Slowdown Is Probably Not Temporary"

"The conditions in the economies of the rest of the world have undoubtedly proved weaker compared with a few months ago, in particular in the emerging economies. Global growth forecasts have been revised downwards. This slowdown is probably not temporary."

Russia’s VTB Bank Joins As SGE Member. Chinese Direct Gold Imports Increase

by Koos Jansen, Bullion Star:
Another strong week for gold demand at the Shanghai Gold Exchange – China’s main physical gold bourse. From 19 until 23 October 57 tonnes have been withdrawn from the vaults of the Shanghai Gold Exchange (SGE), according to data released on Friday by the SGE. Year to date 2,119 tonnes have been withdrawn. With a little over two months left in 2015 SGE withdrawals, which capture the amount of Chinese wholesale gold demand, are set to reach more than 2,500 tonnes in 2015, breaking the record of 2013 at 2,197 tonnes.
SGE withdrawals have made a spectacular run up this year since the Chinese stock market came crumbling down in June. In between June and October SGE withdrawals have been 1,138 tonnes, up 37 % year on year.
The People’s Republic of China does not publish the amount of gold imported, however, from foreign trade statistics provided by other nations and physical turnover at the SGE we can estimate China will net import at least 1,300 tonnes of gold in 2015 – transcending net import in 2014, which was an estimated 1,250 tonnes. 
Read More

Gold Up 3% In October and Enters “Seasonal Sweet Spot”

from Gold Core:
– Gold down 1.3% this week on Fed “noise”
– Gold up 3% in October on robust demand
– Stronger gains in euros, Swiss francs, Japanese yen
– October poor month for gold seasonally
– November, December, January and February the “seasonal sweet spot”
– Confirmation of surging demand for bullion in Germany, India and China in Q3
Gold is headed for a 1.3% fall this week after the Fed’s latest suggestion that they may increase interest rates in December or in the New Year. However, for the month of October gold is 3.1% higher from $1,115/oz to $1,150/oz and has seen even larger gains in other currencies.
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The Quick "Bull" Vs "Bear" Case In 8 Charts

Blatant Gold/Silver Manipulation Reflects The Complete Corruption Of The U.S. System

The only way that the Fed and the politicians can claim that the economy is “fine” and QE “worked” is to make sure that the one piece of obvious evidence which would say otherwise is kept highly restrained. The manipulation of the gold and silver market is a nothing but a product of complete systemic corruption.

How To Hide A Hyperinflation, Part II

by Jeff Nielson, Sprott Money:
Part I of this series began to address a seeming paradox. As explained and defined in that initial installment; by mathematical/economic definition, the Federal Reserve has already hyperinflated the U.S. dollar – past tense. Yet the consequence of that hyperinflation of the money supply (spiraling prices/a plunge to worthlessness for the USD) has yet to materialize.
It was explained that one part of this paradox is the historic lag in time which has been observed, between when a currency becomes fundamentally worthless from a monetary standpoint, and the time the currency sees its actual exchange-rate plunge to zero. This is the “confidence gap”: the length of time in which the Chumps can continue to be deluded into using this worthless currency, and continue to assign it value.
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Goldman's 4 Word Summary Of Q3 Earnings Season: "Adequate Earnings, Dismal Sales"

The Power Of Fear & The Gullibility Of The Masses

It was 77 years ago this week that Orson Welles struck terror into the hearts of Americans with his live radio broadcast of the HG Wells classic War of the Worlds. What struck me while watching the PBS retrospective were the similarities between then and now. The gullibility of the masses, the power of fear, the overreaction by the media, busy bodies calling for the government to do something, and the effectiveness of propaganda are all commonalities between that Fourth Turning and today’s Fourth Turning.

After The Novelty Of McDonalds' All-Day Breakfast Wears Off

They appear to have resorted to a 'new' dollar menu item...

They should add to this that... one day you will die fighting for them and we will cheer...Waving the Red White and Blue...chanting Murica...Murica...Murica...

First Images Of Russian Passenger Jet Crash Site Emerge

Congresswoman Calls US Effort To Oust Assad "Illegal," Accuses CIA Of Backing Terroists

"The US and the CIA should stop this illegal and counterproductive war to overthrow the Syrian government. It puts us in that position of a possible head to head conflict with Russia which brings us... to the brink of a World War III-type scenario."

Did The PBOC Just Exacerbate China's Credit & Currency Peg Time Bomb?

China as the global Bubble’s focal point – the weak link yet, at the same time, the key marginal source of Bubble finance. China’s policy course appears to focus on two facets: to stabilize the yuan versus the dollar and to resuscitate Credit expansion. For better than two decades, similar policy courses were followed by myriad EM policymakers in hopes of sustaining financial and economic booms. Many cases ended in abject failure – often spectacularly. Why? Because when officials resort to such measures to sustain faltering Bubbles it generally works to only exacerbate systemic fragilities. For one, late-stage reflationary measures compound Credit system vulnerability while compounding structural impairment to the real economy. Secondly, central bank and banking system Credit-bolstering measures create liquidity that invariably feeds destabilizing “capital” and “hot money” outflows.

Greek Bad Debt Rises Above 50% For The First Time, ECB Admits

Today we got yet another tortured admission of just how ugly Greek balance sheets are, the ECB has admitted what we knew months ago, namely that more than  half of all Greek loans are now nonperforming, and that as much as 57% of the loans made by Piraeus Bank the bank which fared worst, are at risk with the other Greek banks not much better off.

As Passport Wars Heat Up, Time to Consider Countermeasures

by Anthony Wile, The Daily Bell:

Have you noticed the passport wars are heating up? I have.
For instance, numerous outlets have now reported on Britain’s “Harsh New Anti-Terror Laws.” While the laws deal with a number of anti-terror activities, including shutting down mosques and punishing media outlets that disseminate “terrorist” rhetoric, a notable element involves the suspension of passports.
Among other things, as Reuters recently reported, “The new law would … give parents worried that their 16- and 17-year-old children might travel to join Islamic State the power to apply to have their passports removed, while anyone with a conviction for terrorist offences or extremist activity would be banned from working with children.”
Britain is not alone in using the passport system as a method of attacking those who for one reason or another are deemed “enemies of the state” – or potential enemies. The US is doing its best as well.
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Monsanto Research Site in France Goes up in Flames

Monsanto suspects it was arson
by Christina Sarich, Natural Society:
A Monsanto research site in France was enveloped recently in heavy flames due to a possible arson attack against the company. Two areas dedicated to maize research caught fire with the smell of petrol lingering in nearby hallways and throughout other areas of Monsanto’s building site.
Jakob Witten, an official spokesperson for the company told police that the company suspects arson because no electrical damage was found.
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from Miles Franklin:

Yes, Government Spy Blimps Exist!

from TheAlexJonesChannel:

America: A Comfortable, Well Maintained PRISON — Doug Casey

from GordonTLong:

How Debt Will Indirectly COLLAPSE Global Economy!

from The Money GPS:

WAR ON CASH: Banks to Start Charging for Cash Deposits

by J. D. Heyes, Natural News:
Few could have envisioned it even just a few years ago, but it’s happening now, and on an ever-widening scale. More big U.S. banks are shunning cash, because the banking system has become so dependent on other “assets” that large cash deposits actually pose a threat to their financial health, according to The Wall Street Journal.
State Street Corporation, a Boston-based institution that manages assets for institutional investors, has, for the first time, begun charging some customers for making large cash deposits, according to people familiar with the development.
And the largest U.S. bank in terms of assets — JP Morgan Chase & Co. — has dramatically cut “unwanted” deposits to the tune of $150 billion this year alone, in part by charging customers fees.
What gives? What kind of world do we live in when banks no longer want cash?
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Pentagon Confirms Army Blimp Was SHOT DOWN Over Pennsylvania

from DAHBOO777:

Should America Fight For The Spratlys?

It appears that Washington, ever a seething cauldron of bright ideas, is looking for a shooting war with China, or perhaps trying to make the Chinese kowtow and back down, the pretext being some rocks in the Pacific in which the United States cannot possibly have a vital national interest. Or, really, any interest. If Washington somehow won a naval war with China, so what? It would provide the satisfactions of vanity, but China’s danger to the US imperium lies in increasing economic power and commercial expansion through Asia, where it holds the high cards: it is there, Washington isn’t.

Confessions of a Gold Analyst: A Long Term Investor (Not Analyst) Perspective

by Avi Gilburt, GoldSeek:
My first public market call in the metals complex was made back in 2011, at which time I was looking for a top in the gold market at $1,915. While it came quite close to the actual top struck in the market ($1,921), many thought me to be less than credible in publishing such an article when the rest of the market was so certain that we would exceed $2,000 imminently.
But, what was not written that article was my suggestion to those that were following me to sell their gold once we crossed the $1,900 threshold. You see, there is a difference between analyzing a market and how one should effectuate that analysis as an investor. Allow me to explain.
Even before the market topped, I noted two potential targets for the downside in gold. The higher target was struck in 2012, with the lower one being between $700-1,000, but with an the ideal 98-105GLD target region, with the potential to drop as low as 75 in GLD. Once that higher target was struck in 2012, I was watching to see if we would develop a confirmation of a bottom, at which time I would buy all pullbacks. However, when no confirmation was seen, I started focusing upon my secondary target, which was much lower.
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ISIS Releases Video Of Alleged Russian Airplane Mid-Air Exposion After It Claims Responsibility For Disaster

In other words, a proxy organization of US "shadow government destabilizing operations", trained in U.S. ally Turkey, and openly funded by both U.S. allies Saudi Arabia and Qatar, just took down a Russian plane.

Withdrawals Of Gold From NY Fed Jump To 20 Tons In September, Total 276 Tons Since 2014

In September, the total physical gold held in custody at the NY Fed dropped another 19.9 tons in September, down to 5,919.5 tons. This was a doubling in gold withdrawals from 10 tons in August, and is the highest withdrawal since January. At just under 5,920 total tons in NY Fed inventory, this is the lowest amount of gold held in NY Fed custody in decades.

Greek Bad Debt Rises Above 50% For The First Time, ECB Admits

Today we got yet another tortured admission of just how ugly Greek balance sheets are, the ECB has admitted what we knew months ago, namely that more than  half of all Greek loans are now nonperforming, and that as much as 57% of the loans made by Piraeus Bank the bank which fared worst, are at risk with the other Greek banks not much better off.

Guest Post: Truth, Lies, & Venezuela

In the US, there is a natural tendency to punish political candidates when they lie, but mostly about their personal peccadillos. If a country’s political culture is such that all agree on condemning intentional lies and liars, especially when their goal is to promote hatred, a country may avoid big evil. But this is not the case in Venezuela. Its government has run the country’s economy and society into the ground, overseeing the world’s steepest decline in output, highest inflation rate, and second highest murder rate, not to mention shortages beyond compare. And now it is systematically lying about the causes of the mess it created and inventing scapegoats.

Germans Face “Destruction Of Genetic Heritage" As Village Of 102 Braces To Be Overrun By Refugees

"Now they can stand up and preach. People say this is democracy, but I don’t think it is democracy to let Nazis say what they want"...

'Lipstick'-ing The GDP Pig Amid An Epochal Global Deflationary Swoon

The talking heads were busy this week powdering the GDP pig. By averaging up the “disappointing” 1.5% gain for Q3 with the previous quarter they were able to pronounce that the economy is moving forward at an “encouraging” 2% clip. And once we get through this quarter’s big negative inventory adjustment, they insisted, we will be off to the ‘escape velocity’ races. Again. No we won’t! The global economy is in an epochal deflationary swoon and the US economy has already hit stall speed. It is only a matter of months before this long-in-the-tooth 75-month old business expansion will rollover into outright liquidation of excess inventories and hoarded labor. That is otherwise known as a recession.

The Dire Societal Consequences Of Stability-Obsessed Keynesians

We will be the first to admit that yield curve inversion is not the only factor causing recessions, but through the credit channel it can be an important contributor. Depending on the importance of the credit channel, the Federal Reserve, by pegging the short term rate at zero, have essentially removed one recessionary market mechanism that used to efficiently clear excesses within the financial system. While stability obsessed Keynesians on a quest to the permanent boom regard this as a positive development, the rest of us obviously understand that false stability breeds instability.

US Sends Troops To Syria: Here Are The Questions The Media Should Be Asking

It's "boots on the ground" time in the Mid-East and predictably, the mainstream media are asking all the wrong questions. Here's what you need to know about America's plan to embed US commandos with Kurdish forces in Syria.

No Survivors After Russian Airplane With 224 On Board Crashes In Egypt's Sinai, ISIS Claims Responsibility

Why The Fallacy Of The Fed's Feedback Loops Has Failed - "The Bust Is Still Underway"

Should the Fed actually hike in December (the statement explicitly mentioned the possibility), we think it’s highly likely to become a “one and done” that will be taken back shortly, similar to the BoJ’s handful of attempts to hike rates after the bursting of the 1980s bubble. We say this simply based on the economy’s actual performance. After all, it took only a minimal tightening of policy (the “tapering” of QE3) to induce a bust in the sector most exposed to capital malinvestment.

Obamacare Is A Disaster: Co-Op Insurers Across America Are Collapsing, And Now There Is Fraud

Just when you thought it couldn't get any worse for Obamacare, it gets worse.

The Constitution's Big Lie

One of the greatest hoaxes ever perpetrated upon Americans at the time of its telling and which is still trumpeted to this very day is the notion that the U.S. Constitution contains within its framework mechanisms which limit its power. The “separation of powers,” where power is distributed among the three branches – legislative, executive, judicial – is supposedly the primary check on the federal government’s aggrandizement. This week, once again, this sacred held tenet of American political history has once again been disproved.

OK Paul Ryan, Get Rid Of Obamacare

from jsnip4:

Why Did the Environmental Protection Agency Spend $1.4 Million on Guns?

by Ed Feulner, CNS News:
Even those of us who have worked in Washington for many years and become accustomed to the inner workings of government can still be amazed by what lurks behind the curtain sometimes. Case in point: the Environmental Protection Agency.
Most Americans have at least heard of the EPA, even if they have only a dim notion of what the agency actually does. It tends to skate along under the radar, unless something unusual happens, such as the toxic spill that turned the Colorado’s Animas River orange last August. Of course, what really made the spill unusual is that the EPA itself caused it.
Otherwise, Americans don’t hear much about the agency. So many of them would probably be as unpleasantly surprised as I was by a new report by Open the Books, a nonprofit group that promotes government transparency. Its look into the EPA’s spending habits is alarming, to put it mildly.
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Are We Ready for Anarchism? – Questions For Corbett

from corbettreport:

Student Accused of Promoting Gang Culture for Wearing American Flag Shirt

by Kit Daniels, Infowars:
A 12-year-old student in California was forced to turn his American flag t-shirt inside-out last week after administrators claimed it was “gang related.”
Dustin Cole, an honors student at Yuba Gardens Intermediate school, says he was approached by school staff who argued that the t-shirt, which features items from both the American and California flag, violated the district’s dress code. Cole’s mother, Lori Carpenter, says she first became aware of the issue after Cole came home with his shirt on inside-out.
“I asked him why,” Carpenter told Fox40. “He said he was ‘dress coded’ at school because the stars were gang related.”
Read More…


Friday, October 30, 2015

Macro Dump, Earnings Slump & Hawkish-Fed Pump Spark 4th Best October For Stocks Since 1929

IIF Warns Household Wealth Gains Will Disappear Unless Fed Normalizes Rates Soon

"Easy policy has passed the point of diminishing return and keeping it longer would only increase moral hazard and distort financial markets," exclaims the Institute of International Finance, warning that the gap between the value of Americans' holdings of stocks, bonds and other financial assets and the trend growth rate of the economy is still large and not far off the level that prevailed in 2007 before the financial crisis. "The Fed should start to normalize policy as soon as possible," removing the excess as the 'gap' "typically ends up being narrowed by a correction in the stock market."

MOMO Rules: In A "World Of Disappointments" Trade Like An Idiot, Citi Recommends

In a "world of disappointments", where beta is king and where alpha has become a joke (or, now that equity is a risk-free asset and debt is risky, is outright punished) where growth no longer exists, drowning under the weight of $200 trillion in debt, and where value strategies have been all but forgotten replaced instead with "stories" about companies that have no cash flows but just might be "the next big thing" (one day), what should one to do? Why, engage in the most idiotic of strategies: chase momentum.

What Really Matters?

by Bill Holter, JS Mineset, SGT Report:
My original thought for a writing was the hilarious action following yesterday’s Fed meeting and to comment on last night’s debate. Something far more “real” has arisen in the last 24 hours of far more importance, before getting to that, let’s look at the Fed’s “hawkish” statement first.
Janet Yellen and crew would have you believe they “will”… “might” raise interest rates in December. They say this because the Fed (as all central banks have) has lost credibility and are forced to jawbone as this is their only “policy option” left. They absolutely CANNOT raise interest rates as the rest of the world is easing in futile attempts to reflate declining economic activity. The U.S. economy is in reality declining, John Crudele does a great job of picking the latest GDP report apart: The Commerce Department’s GDP Numbers Don’t Make Any Sense. I cannot believe the e-mails I’ve recently received on this topic with people petrified the Fed can raise rates …which will supposedly hurt gold?
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Weekend Reading: Fed Stampedes The Bulls

“It wasn't raining when Noah built the ark.”

'Happy' Halloween Kids!

Trick... No Treat!

S&P Downgrades Saudi Arabia On Slumping Crude, Ballooning Fiscal Deficit

"We expect the Kingdom of Saudi Arabia's general government fiscal deficit will increase to 16% of GDP in 2015, from 1.5% in 2014, primarily reflecting the sharp drop in oil prices. Hydrocarbons account for about 80% of Saudi Arabia's fiscal revenues."

Mother Yellen's Little Helper - The Rate-Hike Placebo Effect

Americans are increasingly likely to respond positively to a placebo in a drug trial – more so than other nationalities. That’s the upshot of a recently published academic paper that looked at 84 clinical trials for pain medication done between 1990 and 2013. These findings, while bad for drug researchers, does shed some light on our favorite topic: behavioral finance. Trust and confidence makes placebos work, and those attributes also play a role in the societal effectiveness of central banks. That’s what makes the Fed’s eventual move to higher rates so difficult; even if zero interest rates are more placebo than actual medicine, markets believe they work to support asset prices.

Tying The Valeant Roll-Up Together: Presenting The Goldman "Missing Link"

While the Valeant soap opera has had constant, heart-pounding drama for weeks and following yesterday's report that it allegedly fabricated prescriptions, even an element of career-ending (and prison-time launching) criminality, so far one thing had been missing: an antagonist tied to Goldman Sachs. We are delighted to reveal the "missing link", one which ties everything together. Its name is Howard Schiller.

The Housing Mega-Bubble Is Definitely Not Different This Time - It's Much More Of The Same

To believe this isn’t a bubble is to believe that all of the hot momo money from insti’s, high/biotech, flipper, flappers, fraudsters, and foreigners buying houses is fundamental and here to stay, which is exactly what everybody thought in 2006. Or, to believe that interest rates will keep falling 1% per year going forward, which would lend an element of support to prices.

S&P 500 "Most Overbought" In 11 Months

The last time S&P 500 rallied at such a pace (from an extreme of oversoldness) and reached such an extreme level of overboughtness, things went south rather quickly...

Caption Contest: Obama "Playing Like A Girl" Selfie Edition

Having crushed all in front of them to win The World Cup, the US women's football soccer team met with President Obama at The White House this week who just could not resist but pose for another selfie... adding that "this team taught all of America's children that 'playing like a girl' means you're a badass."

George Soros Accused Of Stoking Europe's Refugee Crisis By Hungarian PM

"His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle. These activists who support immigrants inadvertently become part of this international human-smuggling network."

Republicans Declare War On CNBC: Suspend NBC Relationship Over CNBC's "Downright Offensive" Questions

Nearly a year after CNBC said it would no longer rely on Nielsen to measure its daytime audience (due to the collapse in viewership we had previously profiled), it has managed to do it again, only this time slamming not the financial cheerleading cable network but its Comcast affiliate, NBC News, whom its just cost hundreds of millions in advertising revenues after moments ago Republican National Committee Chairman Reince Preibus announced he was suspending the partnership with NBC News for the Republican primary debate at the University of Houston on February 26, 2016.

Australia Proposes Eliminating Passports. There’s Just One Problem…

from Sovereign Man:
It wasn’t that long ago that you could travel from one corner of the world to another with nothing but your good looks.
There are people still alive today, in fact, who were born into a world where passports were not widely used for international travel.
The passport itself is a relatively recent invention, an unfortunate consequence of World War I. And they didn’t really become ubiquitous until the late 20th century.
Now, in many respects you can’t leave your own country without one, especially if you hail from the Land of the Free.
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Market Report: FOMC Hits PM Prices

by Alasdair Macleod, Gold Money:
Besides a mid-week rally that took gold up to $1181 and silver to $16.38, gold and silver had a disappointing week, ending down on balance at close of play last night (Thursday) at $1147 and $15.60 respectively.
Prices in early European trade this morning were marginally firmer.
The kybosh was a reaction to the FOMC interest rate decision (no change) and the Fed’s statement that went with it. The statement was the usual non-committal language, waffling around unemployment rates (which we know to be misleading) and inflation, which the committee expects to pick up as the economy recovers. What recovery?
The day after this statement, the Bureau of Economic Affairs announced that preliminary Q3 GDP grew at a disappointing annualised 1.49%. The fall in inventories was part of the problem, but 30% of the growth came from healthcare, boosted by government spending. Without the boost from healthcare the figure would have been truly dire. This goes counter to the Panglossian FOMC statement of the day before about their confidence in economic recovery.
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CDC Scientist Admits Data of Vaccines and Autism Was Trashed

from Ben Swann:

WiFi Can See You Through Walls: “Even Within Your House, Where You Go Can Reveal a Lot”

by Mac Slavo, SHTFPlan:

The implications for privacy under a big brother police state are obvious.
Researchers at MIT have come up with a way to use WiFi signals to see behind walls, and map a room in 3-D. By reflecting the signal, it can also locate the movements of people or objects in the room. The Daily Mail reports:
Using a wireless transmitter fitted behind a wall, computer scientists have developed a device that can map a nearby room in 3D while scanning for human bodies.
Using the signals that bounce and reflect off these people, the device creates an accurate silhouette and can even use this silhouette to identify who that person is.
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Financial System Global Economic Collapse of Deflation as Banks Fail

from TheMoneyGPS:

Muslim Migrants Invited to Take Over German Church; Altar, Cross, Pulpit Removed

by Paul Joseph Watson, Infowars:
A Protestant church in Oberhausen, Germany is set to remove Christian crosses, altars and pulpits in order to accomodate 50 Muslim migrants who were invited to stay in the building.
“The parish had offered that to the city,” Oberhausen city spokesperson Rainer Suhr told media outlets.
“Before the refugees can move in, the seats have to be taken away. Also the altar, the pulpit and font are movable,” said the superintendent of the Oberhausen church district Oberhausen, Pastor Joachim Deterding.
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The Demobilization of the American People and the Spectacle of Election 2016

by Tom Engelhardt, Tom Dispatch:
You may not know it, but you’re living in a futuristic science fiction novel. And that’s a fact.  If you were to read about our American world in such a novel, you would be amazed by its strangeness.  Since you exist right smack in the middle of it, it seems like normal life (Donald Trump and Ben Carson aside).  But make no bones about it, so far this has been a bizarre American century.
Let me start with one of the odder moments we’ve lived through and give it the attention it’s always deserved.  If you follow my train of thought and the history it leads us into, I guarantee you that you’ll end up back exactly where we are — in the midst of the strangest presidential campaign in our history.
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