As Russia continues its relentless air campaign in support of the Assad regime in Syria. CNN's Fareed Zakaria wants you to know that's it's enough already with the Vladimir Putin worship...
Submitted by Tyler Durden on 10/18/2015 - 14:06
Submitted by Tyler Durden on 10/18/2015 - 13:43 Moments ago, Europe's largest bank by assets and by gross notional derivatives, announced a raft of high-level management changes as part of an anticipated and sweeping restructuring of key divisions and senior-level committees. As WSJ reports, Colin Fan, the investment-banking co-head responsible for securities trading, will resign effective Monday. But the most profound change is that Deutsche Bank will split its investment bank into two pieces: one, focused on mergers and other deals, corporate finance and transaction banking services such as cash management, and the other on trading and global markets.
A new US government whistleblower has revealed just how extensive and how destructive is the US assassination policy worldwide. They call it “targeted killing” to sanitize the term, but it is the same assassination that had long been prohibited. Have we lost all our moral compass?
The Money GPS:
Submitted by Tyler Durden on 10/18/2015 - 13:30 "It’s different this time works very well if you need to rationalize how to beat your return benchmark next quarter or win an election." The truth is that central banks cannot manipulate raw supply and demand the way they can financial assets.
“What’s good for General Motors is good for America.”
I thought of that famous quote mid-week when Wal-Mart issued a downwardly-revised forecast for fiscal 2016 sales. WMT shares were hammered, suffering their largest one-day decline in 15 years.
So, can we surmise that what’s bad for Wal-Mart is bad for America?
Yes, and it’s just another brick in the wall of worry that currently occupies my mind. Wal-Mart is a bellwether for the performance of the U.S. economy, and bad news out of Bentonville only strengthens my bearish convictions.
Before we jump to conclusions based on a few headlines — I’ll let the folks on CNBC do that — let’s establish a few facts.
GMO Free USA has published a listing of more than 40 rodent studies showing that animals fed GM corn and soy suffer dire results. For those who say there is no ‘science’ to prove that GMOs are unsafe, I enjoin them to peruse the following list. 
Among the ailments suffered by the rats fed Roundup Ready or Bt-toxin GM-feed were:
- Increased intestinal infections
- High cholesterol
- Birth defects
- Weight-increase and higher incidence of mortality
- Organ pathologies in the liver, kidneys, pancreas, ovaries, testes, and adrenals
- Major issues with both the intestinal tracts and immunity of the animals tested
Flashback: August, 2015: Hungary has located and destroyed 1000 acres of maize that was found to be grown with genetically modified seeds.Hungary is a nation where genetically modified seeds are banned along with other genetically modified ingredients.
Submitted by Tyler Durden on 10/18/2015 - 10:36
Submitted by Tyler Durden on 10/18/2015 - 09:43 "[Putin] hopes that when its ally Iran re-enters the global oil and gas market, Russia will somehow share in the profits, perhaps through new pipelines across Syria. He also wants to stop the Saudis from establishing export routes in Syria. Now that Russian energy supremacy in Europe also is at stake, Putin's determination to resolve the Syrian conflict on his terms can only grow."
Submitted by Tyler Durden on 10/17/2015 - 23:31 "They brought it in through Iraqi checkpoints, back-rolled it off the trailer and then drove away"...
Submitted by Tyler Durden on 10/17/2015 - 22:00 Until Putin’s speech the world was intimidated by the Washington Bully. Resistance to Washington brought swift retribution. In the Middle East and Africa it brought economic sanctions and military invasions that destroyed entire countries. In France and other US vassal states it brought multi-billion dollar confiscations of bank net worth as the price of not following Washington’s policies toward other countries. Other countries felt powerless in the face of the arrogant hegemonic Unipower, which from time to time replied to noncompliance with threats. President Putin of Russia brought all that to end on September 28. He stood up before the world in the presence of the overflowing hubris of the hegemon and belled the cat.
Submitted by Tyler Durden on 10/17/2015 - 21:15 The United States has had the world’s largest economy for about 140 years, and it roughly accounts for 22% of global GDP. However, in recent times China has overtaken the US by at least one measure of total economic strength, which is GDP based on purchasing power parity (PPP). Either way you slice it, the economies are the two strongest globally in absolute terms. That’s where the similarities end.
Dave interviewed noted survivalist, Bob Griswold. Forget Blood Moons, worry about the 800 pound gorillas staring you in the face. Bob discussed World War III, the failing economy and the rampaging hordes that could soon be in the streets. Excellent interview that should motivate you to get ready for what is already on the horizon
List to Dave and Bob Griswold on how to survive what is coming
For the most part, there wasn’t really anything controversial about CNN’s presidential debate last Tuesday, which is exactly how the mainstream media likes to present their “debates.” They’ll never offer anything challenging to their viewers. All they do is shower the flavor of the week with attention and adoration while largely ignoring any candidate who might have something interesting to say; or worse, those candidates will never make it to the stage in the first place.
Really, these debates have nothing to do with informing the public on their presidential “choices.” When election season nears, outlets like CNN have only two objectives. First, they want to fuel their dying ratings, so of course they’re going to give the most air time to whoever happens to be popular. And second, they will manipulate the discourse surrounding the debate, because their secondary mission is to shill for whichever candidate is the establishment pick. And boy, did CNN manipulate the hell out of this debate.
Washington’s war on terror is a war OF terror on humanity, largely responsible for exponentially rising incidents worldwide.
The Global Terrorism Index (GTI) recorded around 18,000 in 2013, up 60% over the previous year – holding ISIS, Al Qaeda, Boko Haram in Nigeria and the Taliban most responsible.
All are US creations. Washington’s so-called war to defeat terrorism increased it exponentially, what lunatics in Washington intended.
GTI reported 3,361 incidents in 2000, up dramatically to 11,133 in 2012 and 17,958 in 2013, likely 20,000 or more when final 2015 figures are published. US imperialism bears full responsibility for the exponentially rising numbers.
The Peoples’ Republic of China has an Achilles Heel, a weakness in spite of her enormous strength that could be fatal to her survival as a vibrant, sovereign nation. That Achilles Heel, which since this past June has been visible for all the world, is also her golden chance to turn a crisis into an advantage not otherwise evident. Partly I refer to the ongoing crisis on the Shanghai Stock exchange and in the Shenzhen Exchange. Despite every conceivable and some not so conceivable government intervention, the fall in stock values since the market peaks earlier this year, has been estimated at some $5 trillion. That market crash, however, in my view is not the fundamental Achilles Heel China is threatened with today.
Yet it is precisely this crisis that opens the door for an alternative to China’s frustrating dollar dependency.
F.B.I. agents are reportedly angry over President Obama’s decision last Sunday to weigh in concerning their ongoing investigation into Hillary Clinton’s use of a private email server.
Before the agency has had a chance to review over 30,000 of Clinton’s emails to determine if she mishandled classified information, the president told 60 Minutes, “I don’t think it posed a national security problem.” He went on to characterize her actions as a “mistake.” Obama also stated definitively, “This is not a situation in which America’s national security was endangered.”
Much of the political thinking about violence in the United States comes from unfavorable comparisons between the United States and a series of cherry-picked countries with lower murder rates and with fewer guns per capita. We’ve all seen it many times. The United States, with a murder rate of approximately 5 per 100,000 is compared to a variety of Western and Central European countries (also sometimes Japan) with murder rates often below 1 per 100,000. This is, in turn, supposed to fill Americans with a sense of shame and illustrate that the United States should be regarded as some sort of pariah nation because of its murder rate.
Note, however, that these comparisons always employ a carefully selected list of countries, most of which are very unlike the United States. They are countries that were settled long ago by the dominant ethnic group, they are ethnically non-diverse today, they are frequently very small countries (such as Norway, with a population of 5 million) with very locally based democracies (again, unlike the US with an immense population and far fewer representatives in government per voter). Politically, historically, and demographically, the US has little in common with Europe or Japan.
from Paul Craig Roberts:
The distinguished and knowledgeable international commentator William Engdahl, in a superb statement, has expressed the view I gave you that Russian President Vladimir Putin’s speech on September 28 at the 70th anniversary of the United Nations changed the balance of power in the world. Until Putin’s speech the world was intimidated by the Washington Bully. Resistance to Washington brought swift retribution. In the Middle East and Africa it brought economic sanctions and military invasions that destroyed entire countries. In France and other US vassal states it brought multi-billion dollar confiscations of bank net worth as the price of not following Washington’s policies toward other countries.
Other countries felt powerless in the face of the arrogant hegemonic Unipower, which from time to time replied to noncompliance with threats, such as US Deputy Secretary of State Richard Armitage delivered to Pakistan, to bomb noncompliant countries “back to the stone age.”http://news.bbc.co.uk/2/hi/south_asia/5369198.stm
President Putin of Russia brought all that to end on September 28. He stood up before the world in the presence of the overflowing hubris of the hegemon and belled the cat.
Companies with investment-grade credit ratings – the cream-of-the-crop “high-grade” corporate borrowers – have gorged on borrowed money at super-low interest rates over the past few years, as monetary policies put investors into trance. And interest on that mountain of debt, which grew another 4% in the second quarter, is now eating their earnings like never before.
These companies – according to JPMorgan analysts cited by Bloomberg – have incurred $119 billion in interest expense over the 12 months through the second quarter. The most ever.
With impeccable timing: for S&P 500 companies, revenues have been in a recession all year, and the last thing companies need now is higher expenses.
This news item is much too large (and much too juicy) to cover it — and all of the ramifications — in a mere post on the Forum. Expect a major commentary on this subject. Indeed, at the end of this post I’ll pass along the title already selected, since I’m especially pleased by it.
Now for the news. Any regular readers of the Forum, and (most “aware” readers) would already know that China has been dumping U.S. Treasuries, somewhere near a QUARTER OF A TRILLION DOLLARS, altogether. Totally unprecedented behavior by China, and (in absolute terms) the largest/fastest sell-off of any sovereign debt, in history.
The stability of the world is directly linked to climate change and its impact on food security for billions of people, U.S. Secretary of State John Kerry said on Saturday.
In a speech to the Milan Expo, Kerry argued that unrest tied to climate change-induced agricultural failure poses an international threat. The Milan Expo is focused on food security, and Kerry urged attendants to act quickly against climate change.
“Make no mistake: The implications here extend well beyond hunger,” Kerry said. “This isn’t only about global food security; it’s about global security — period.”