Moments ago, the in a 241-185 vote, the House passed passed H.R. 3189, aka Fed Oversight Reform and Modernization Act. The bill would make changes to how the Fed conducts monetary policy and regulatory activities and would direct the Fed to take a rules-based approach to interest rate decisions; require audits of more Fed functions such as monetary policy; and place restrictions on its emergency lending powers. In other words, everything that the banks that are direct and indirect stakeholders in the Fed would fight to the death to prevent.
For Caterpillar The Depression Has Never Been Worse... But It Has A Cunning Plan How To Deal With It
Submitted by Tyler Durden on 11/19/2015 - 10:17 CAT has now suffered a record 35 months, or nearly 3 years, of consecutive declining annual retail sales - something unprecedented in company history! But fear not, the company has a cunning plan how to stem the bleeding..."Devastated" Trader Crushed By Soaring Biotech, Starts Online Begging Campaign To Fund $106,000 Margin Call
"I hesitated on doing this but I literally owe Etrade $106,445.56 as of this moment what would you do if you were in my situation?"
"This Isn't Going To End Well" - Junk Bonds Under Pressure
Submitted by Tyler Durden on 11/19/2015 - 11:52 There are seemingly always “good reasons” why troubles in a sector of the credit markets are supposed to be ignored – or so people are telling us, every single time. Some still recall how the developing problems in the sub-prime sector of the mortgage credit market were greeted by officials and countless market observers in the beginning in 2007. Meanwhile, the foundation of the economy continues to look rotten (the newest round of Fed surveys has begun with another bomb and other manufacturing-related data continue to disappoint as well). This isn’t going to end well, if history is any guide.
The Fate Of Goldman's Global Growth Forecast Is In The Hands Of Just Three Countries
Submitted by Tyler Durden on 11/19/2015 - 11:37 In 2016 just three countries will grow above Goldman's blended global average growth rate of 3.6%: India, China and Indonesia.
This Wasn't Supposed To Happen
Submitted by Tyler Durden on 11/19/2015 - 11:27 Bonds ain't buying The Buy-The-F##king-Paris-Attack-Dip rally in stocks...
The Fed-Induced Farce
Submitted by Tyler Durden on 11/19/2015 - 11:01 The Fed has created a dead end street for everyone not in their .1% clientele... We’re all muppets to the banking cabal running this morally and financially bankrupt military empire of debt.
How To Trade The Square IPO (In 1 Simple Chart)
Submitted by Tyler Durden on 11/19/2015 - 10:51 Consider who was buying... and who is buying now?
Consumer Sentiment Decouples From Stocks As Black Americans' Comfort Nears 2015 Lows
Submitted by Tyler Durden on 11/19/2015 - 10:42 It appears there is a simple solution to regaining animal spirits in America... mandate black Americans to buy Nasdaq stocks...Is Times Square Next? ISIS Releases Video Of Suicide Bomber Preparing To Detonate In NYC
from Politico:
Bin Laden Determined to Strike in U.S.” The CIA’s famous Presidential
Daily Brief, presented to George W. Bush on August 6, 2001, has always
been Exhibit A in the case that his administration shrugged off warnings
of an Al Qaeda attack. But months earlier, starting in the spring of
2001, the CIA repeatedly and urgently began to warn the White House that
an attack was coming.
By May of 2001, says Cofer Black, then chief of the CIA’s counterterrorism center, “it was very evident that we were going to be struck, we were gonna be struck hard and lots of Americans were going to die.”
Read More…
Bin Laden Determined to Strike in U.S.” The CIA’s famous Presidential
Daily Brief, presented to George W. Bush on August 6, 2001, has always
been Exhibit A in the case that his administration shrugged off warnings
of an Al Qaeda attack. But months earlier, starting in the spring of
2001, the CIA repeatedly and urgently began to warn the White House that
an attack was coming.By May of 2001, says Cofer Black, then chief of the CIA’s counterterrorism center, “it was very evident that we were going to be struck, we were gonna be struck hard and lots of Americans were going to die.”
Read More…
Traders Are Buying The Other "Fed Policy Error" Hedge
Submitted by Tyler Durden on 11/19/2015 - 09:51 What else do you buy when monetary policy failure concerns loom...
Trump Open To ID Badges, Special Database For Muslims: "We're Going To Have To Do The Unthinkable"
Submitted by Tyler Durden on 11/19/2015 - 12:30 "And certain things will be done that we never thought would happen in this country in terms of information and learning about the enemy. And so we’re going to have to do certain things that were frankly unthinkable a year ago."
from Western Journalism:
As Americans fear the United States may suffer a terrorist attack similar to Friday’s carnage in Paris, President Obama Tuesday was apparently mocking anyone who disagreed with his plan to bring Syrian refugees to America.
To date, more than half of the nation’s governors have urged Obama to stop his Syrian refugee resettlement program. House Speaker Paul Ryan, R-Wis., has urged a slowdown of admitting these refugees.
But to Obama, it is all “political posturing,” according to a White House pool report.
Read More
As Americans fear the United States may suffer a terrorist attack similar to Friday’s carnage in Paris, President Obama Tuesday was apparently mocking anyone who disagreed with his plan to bring Syrian refugees to America.
To date, more than half of the nation’s governors have urged Obama to stop his Syrian refugee resettlement program. House Speaker Paul Ryan, R-Wis., has urged a slowdown of admitting these refugees.
But to Obama, it is all “political posturing,” according to a White House pool report.
Read More
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