Some First World governments have taken a decidedly Third World turn.
by Prof Michel Chossudovsky, Global Research:
This
article by Professor Michel Chossudovsky was granted the 2015 Project
Censored Award. Ranked No. 5 among the 25 most censored news stories.
Nuclear radiation resulting from the March 2011 Fukushima disaster –which threatens life on planet earth– is not front page news in comparison to the most insignificant issues of public concern, including the local level crime scene or the tabloid gossip reports on Hollywood celebrities.
The shaky political consensus both in Japan, the U.S. and Western Europe is that the crisis at Fukushima has been contained.
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This
article by Professor Michel Chossudovsky was granted the 2015 Project
Censored Award. Ranked No. 5 among the 25 most censored news stories.Nuclear radiation resulting from the March 2011 Fukushima disaster –which threatens life on planet earth– is not front page news in comparison to the most insignificant issues of public concern, including the local level crime scene or the tabloid gossip reports on Hollywood celebrities.
The shaky political consensus both in Japan, the U.S. and Western Europe is that the crisis at Fukushima has been contained.
Read More
An Interactive Look At China's Massive Coal Bubble
China has given the green light to more than 150 coal power plants so far this year despite falling coal consumption, flatlining production and existing overcapacity. Modelling this expansion, Greenpeace EnergyDesk suggests that this would cause 6,100 premature deaths a year — that’s 150,000 over a 24-year operating life.
"What We've Got Here Is A Failure To Communicate"
The Fed goes 6 for 6 today as Bullard, Yellen,Lacker, Evans, Dudley, and Fischer (respectively) all manage to jawbone a looming rate hike without any confirmation of the "well everything must be awesome" meme to satisfy increasingly doubtful stock market worshipers...
Runaway Stories & Fairy Tale Endings: The Cautionary Tale Of Theranos
Submitted by Tyler Durden on 11/12/2015 - 21:05 Looking back at the build up and the let down on the Theranos story, the recurring question that comes up is how the smart people that funded, promoted and wrote about this company never stopped and looked beyond the claim of “30 tests from one drop of blood” that seemed to be the mantra for the company. While we may never know the answer to the question, Aswath Damodaran offers three possible reasons that should operate as red flags on future young company narratives...
Here Is The Biggest, And Most Underreported, Risk Facing China
Submitted by Tyler Durden on 11/12/2015 - 20:28 We wonder: just how much "more exponential" will China's "strike chart" have to get before everyone else finally notices?
Veterans Affairs Paid Out $142 Million In Cash Bonuses Immediately Following Deadly Scandal
Submitted by Tyler Durden on 11/12/2015 - 20:00 The incentive structure throughout government, Wall Street, and big business generally is that “crime pays,” which is exactly why we’re seeing more and more of it. It will only get worse, until we grow up as a culture and demand accountability.Japan Was Just Added To List Of "Partially Dangerous" Places For Tourists To Visit In The World
Submitted by Tyler Durden on 11/12/2015 - 19:30
This All Has A Familiar Ring To It
Submitted by Tyler Durden on 11/12/2015 - 19:00 The recent new highs on the Nasdaq accompanying the surge off the August and September lows have been accompanied by bullish headlines, and it is true the action in some stocks is truly awe inspiring. Yet all the action has an oddly familiar ring to it and it may not be bullish. While most traders today haven't really lived through the 2000 bubble, older hats have institutional memory.
Can't Afford To Buy A House? Buy It Anyway Housing "Experts" Advise
Submitted by Tyler Durden on 11/12/2015 - 18:30 “In metros with high-income growth, unaffordable mortgage payments can become affordable within a few years. For millennials, buying an unaffordable Home isn’t always a bad idea."
World's Largest Hedge Fund Dumped 31% Of Its US Equity Holdings In The Third Quarter
Submitted by Tyler Durden on 11/12/2015 - 18:26 Perhaps those accusing Bridgewater of being the market-moving catalyst did have a point, because after posting a total AUM of $10.8 billion at June, this total declined by a whopping 31% to just $7.5 billion as of September 30.
US Government Shocked To Find Job Openings Continue To Surge Above Actual Hires
Submitted by Tyler Durden on 11/12/2015 - 17:27 Something odd is happening in the US labor market.
Black Fridays Matter
Submitted by Tyler Durden on 11/12/2015 - 17:20 The perennial hopes of a strong retail shopping season are once again upon us. Given the current deflationary backdrop, small business spending pessimism, the sharp decline in imports and weak wage growth, it is quite likely that actual retail sales will likely disappoint the NRF's forecast of a "shopping season significantly above the 10-year average." But it is truly important to remember that for retailers all #BlackFridaysMatter
US Flies B-52 Bomber Near China Sandcastles: "Get Away From Our Islands!"
Submitted by Tyler Durden on 11/12/2015 - 16:55 On the heels of Washington's move to send a guided missile destroyer to The South China Sea to counter Chinese "aggression," the US reportedly flew two B-52 strategic bombers "near" Beijing's man-made islands last weekend. There are competing accounts as to what took place, but this certainly looks like the latest escalation in an increasingly dangerous game of chicken.
Nordstrom Plummets After Abysmal Results, Slashing Guidance
Submitted by Tyler Durden on 11/12/2015 - 16:30 If there were any questions if the US consumer was merely "strong" or "quite strong", after the abysmal results from Macy's first, and moments ago, Nordstrom, they should all be safely swept away now."Sell Mortimer": Stocks Tumble Most In 6 Weeks, Back To Red For 2015
Submitted by Tyler Durden on 11/12/2015 - 16:06
Welcome To Crickhowell - The Entire Welsh Town That Just Went 'Offshore'
Submitted by Tyler Durden on 11/12/2015 - 16:00 Angered that Facebook, Google, Amazon, etc. pay very little tax, an entire town in Wales decided to employ the exact same tax strategies used by big companies to reduce their own tax burdens. As the proprietor of the local smokery put it, the plan is "jolly clever." Doing this is not immoral or unpatriotic.What Really Matters?
Submitted by Tyler Durden on 11/12/2015 - 15:40
The Amazing Chart Showing What All The Debt Issued This Century Has Been Used For
Submitted by Tyler Durden on 11/12/2015 - 15:22 Virtually every single fungible dollar raised through issuance of debt has been used for one thing - to buyback stock!
by Dave Kranzler, Investment Research Dynamics:
The Dow/S&P 500 indices are currently more overvalued relative to underlying fundamentals than at any time in the history of the U.S. stock market. This especially true if you weed out the non-cash net income “adjustments” companies are now allowed to pile into their GAAP income statements in order to puff up their earnings per share facade.
Really, it’s not pathetic or absurd, it’s outright childish. And the stock promoters and Wall Street “experts” who claim the stock market represents good value now are either tragically mentally disabled or insidiously corrupt. Likely more of the latter than the former (Jim Cramer, Steve Liesman, anyone on Fox Business or Bloomberg News etc).
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The Dow/S&P 500 indices are currently more overvalued relative to underlying fundamentals than at any time in the history of the U.S. stock market. This especially true if you weed out the non-cash net income “adjustments” companies are now allowed to pile into their GAAP income statements in order to puff up their earnings per share facade.
Really, it’s not pathetic or absurd, it’s outright childish. And the stock promoters and Wall Street “experts” who claim the stock market represents good value now are either tragically mentally disabled or insidiously corrupt. Likely more of the latter than the former (Jim Cramer, Steve Liesman, anyone on Fox Business or Bloomberg News etc).
Read More
by Michael Snyder, End of the American Dream:
Something strange is happening to our planet. Over the past 30 days, there seems to have been much more “shaking” than normal, and this is particularly true along the Ring of Fire. This afternoon I visited the official website of the U.S. Geological Survey, and I discovered that Chile had been hit with 12 major earthquakes within the last 24 hours alone. The smallest was of magnitude 4.4, and the two largest both measured magnitude 6.9. We have also seen dozens of volcanoes erupt recently, including the incredibly dangerous Mt. Popocatepetl in Mexico. Fortunately we have not seen a major disaster that kills thousands of people yet, but many believe that all of this shaking is leading up to one. In addition, the weather all over the world continues to get freakier and freakier. Just today, Yemen was hit by a second major tropical cyclone in less than a week. Any one of these strange disasters in isolation may not seem like that big of a deal, but when you start putting all of the pieces together it starts to become clear that something really significant is taking place.
Read More…
Something strange is happening to our planet. Over the past 30 days, there seems to have been much more “shaking” than normal, and this is particularly true along the Ring of Fire. This afternoon I visited the official website of the U.S. Geological Survey, and I discovered that Chile had been hit with 12 major earthquakes within the last 24 hours alone. The smallest was of magnitude 4.4, and the two largest both measured magnitude 6.9. We have also seen dozens of volcanoes erupt recently, including the incredibly dangerous Mt. Popocatepetl in Mexico. Fortunately we have not seen a major disaster that kills thousands of people yet, but many believe that all of this shaking is leading up to one. In addition, the weather all over the world continues to get freakier and freakier. Just today, Yemen was hit by a second major tropical cyclone in less than a week. Any one of these strange disasters in isolation may not seem like that big of a deal, but when you start putting all of the pieces together it starts to become clear that something really significant is taking place.
Read More…
by Andrew P. Napolitano, Lew Rockwell:
Earlier this week, a federal appeals court in New Orleans upheld an injunction issued by a federal district court in Texas against the federal government, thereby preventing it from implementing President Barack Obama’s executive orders on immigration. Critics had argued and two federal courts have now agreed that the orders effectively circumvented federal law and were essentially unconstitutional.
Though the injunction on its face restrains officials in the Department of Homeland Security, it is really a restraint on the president himself. Here is the back story.
President Obama has long wished to overhaul the nation’s immigration laws to make it easier for people who are here illegally to remain here and to make it easier for them eventually to acquire the attributes of citizenship.
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Earlier this week, a federal appeals court in New Orleans upheld an injunction issued by a federal district court in Texas against the federal government, thereby preventing it from implementing President Barack Obama’s executive orders on immigration. Critics had argued and two federal courts have now agreed that the orders effectively circumvented federal law and were essentially unconstitutional.
Though the injunction on its face restrains officials in the Department of Homeland Security, it is really a restraint on the president himself. Here is the back story.
President Obama has long wished to overhaul the nation’s immigration laws to make it easier for people who are here illegally to remain here and to make it easier for them eventually to acquire the attributes of citizenship.
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from The Burning Platform:
When billionaire presidential hopeful Donald Trump inexplicably decided this week that boycotting Starbucks over the ‘de-Christmas-ization’ of their ubiquitous red holiday coffee cup was somehow a matter of national importance, the internet exploded — and American mainstream media fanned the flames.
People from every conceivable walk of life suddenly found themselves with a reason to rise up against the establishment coffee chain and scream in indignation about this newly-neutral — and cheerlessly Grinch-ified — affront to humanity. As if this inane insanity over an innocuous paper cup weren’t an embarrassing enough commentary on the U.S.’ populace’ lack of priorities — by Wednesday morning, the corporatocracy ever-so nobly answered the outrage: Dunkin’ Donuts unveiled its decidedly cheerful, appropriately Christmas-ized version of its holiday cup.
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When billionaire presidential hopeful Donald Trump inexplicably decided this week that boycotting Starbucks over the ‘de-Christmas-ization’ of their ubiquitous red holiday coffee cup was somehow a matter of national importance, the internet exploded — and American mainstream media fanned the flames.
People from every conceivable walk of life suddenly found themselves with a reason to rise up against the establishment coffee chain and scream in indignation about this newly-neutral — and cheerlessly Grinch-ified — affront to humanity. As if this inane insanity over an innocuous paper cup weren’t an embarrassing enough commentary on the U.S.’ populace’ lack of priorities — by Wednesday morning, the corporatocracy ever-so nobly answered the outrage: Dunkin’ Donuts unveiled its decidedly cheerful, appropriately Christmas-ized version of its holiday cup.
Read More
I warned Texas, last Spring, that they were in danger when I wrote the article, Texas, Prepare to Defend Yourselves. I predicted that Texas would be singled out for martial law enforcement and now, it appears as if I was correct.
Lessons Learned
What did we learn from Jade Helm 15? The answer is simple. We learned that Jade Helm 15 was about moving men and material to key positions in the country where these resources could be better utlized in the following three ways:
1. Dissident extraction donducted by Special Operation Forces.
2. Martial Law enforcement.
3. Providing a cover for the preparation and mobilization which would be needed for World War III.
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from The Daily Sheeple:
It’s now a total of 40 students and one staff member who passed out around 12:30 GMT at a school in North Yorkshire. While authorities are investigating the incident as a potential gas leak and have been looking under the hoods of cars, no leak has been found. Fire crews have found no hazardous substances in the school.
RT updated its earlier report with:
“We are of the view the children just fainted and there was a ripple effect throughout the school. More children felt anxiety and started to feel concerned and the thing has escalated,” Yorkshire Fire Service’s station manager Dave Winspear said when speaking outside the school.
Read More
It’s now a total of 40 students and one staff member who passed out around 12:30 GMT at a school in North Yorkshire. While authorities are investigating the incident as a potential gas leak and have been looking under the hoods of cars, no leak has been found. Fire crews have found no hazardous substances in the school.
RT updated its earlier report with:
“We are of the view the children just fainted and there was a ripple effect throughout the school. More children felt anxiety and started to feel concerned and the thing has escalated,” Yorkshire Fire Service’s station manager Dave Winspear said when speaking outside the school.
Read More
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