Wednesday, November 18, 2015

ISIS Posts Photo Of Bomb That Brought Down Russian Plane...



Perhaps even more stunning than the photo of the alleged bomb contained in a beer can, which ISIS says was used to blow up the Russian airplane, is its admission that it would have used the explosive  to bring down "a plane belonging to a nation in the American-led Western coalition against the Islamic State" only to change its mind in the last minute.



Russia Explains To Clueless US Public Why Obama Can't Defeat ISIS

“Apparently, it’s a kind of a ‘honey is sweet, but the bee stings’ situation: they want IS to weaken Assad as soon as possible to make him leave somehow, but at the same time they don’t want to overly strengthen IS, which may then seize power."




Caught On Tape: First Footage Of Russian Strategic Bombers In Action Over Syria

Apparently, once Moscow got confirmation that the Russian passenger jet which went down over the Sinai Peninsula earlier this month was indeed destroyed by a bomb, The Kremlin decided to show ISIS what "bombs" really look like.


German Interior Minister Says Suicide Bomber's Syrian Passport "May Have Been Planted"

Overnight none other than the German Interior Minister Thomas de Maiziere said that the "Syrian passport found next to a suicide bomber in the Paris terror attacks may have been planted." “There are indications that this was a planted lead, but it still can’t be ruled out that this was indeed an IS terrorist posing as a refugee,” he told reporters in Berlin on Tuesday, referring to Islamic State, which France blames for organizing the violence.

ISIS Goes Full "Jackass", Tries To Shoot Down Fighter Jet With Pickup Truck Machine Gun





U.S. Government Moves To Exploit Paris Terror Attacks To Ban Privacy

You didn’t think the surveillance state would give up that easily did you? Of course not. Unsurprisingly, fresh off the heels of the Paris terror attacks, the usual authoritarian suspects in the U.S. government are running around exploiting the tragedy in a bid to further erode privacy and civil liberties.



"We Should All Be Afraid" Of The 'Brutal' Commodity & Credit Volatility

"The signals across asset classes are diverging incredibly," warns Macro Risk Advisors' Dean Curnutt, "and we should all be afraid." All of that commodity volatility is rolling back into corporate credit and that, inevitably will dramatically impact equity markets (explicitly through higher funding costs weighing on earnings or implicitly through lower buybacks and higher risk premia), "the illiquidity and implied defaults that we are seeing in credit markets are not at all priced into a 2060 S&P."


European Union Challenged From Right And Left, "Maybe Too Much To Endure"

The heinous ISIS attack in Paris is a game changer in Europe. In addition to the horrific amount of individual casualties, the attack has also threatened severe damage to the long term survivability of the European Union as a political entity. Based on the unpopularity and unfeasibility of immigration controls under the EU's Schengen Plan, the events have opened up the Union to renewed attacks from the right, just as its support from the left is crumbling as a result of opposition to EU-mandated fiscal austerity. This two-front onslaught may be too much for the Union to endure.




It Will SUNE Be Over!!

Presented with no comment...


"Buy The Terror Attack Dip" Continues: Dow Recovers Post-FOMC Losses As Crude Bounces Back








The same Assholes that Vetted obama...will be vetting the syrians refugee's...

Humpday Humor: Obama's "Very Rigorous" Syrian Refugee Entrance Form

Following President Obama's 'promise' this morning to "provide refuge to to at least 10,000 refugees fleeing violence in Syria over the next year after they pass the highest security checks," we thought some help with the "highest security checks" form may be helpful...



The Crackdown Begins: Europe Just Passed "Strict Controls To Make It Difficult To Acquire Firearms"

While await a full blown European version of the Patriot Act, we can say that the second part of the forecast just came true, because this morning The European Commission announced it had adopted a package of measures to strengthen control of firearms across the European Union and meant simply to make it "difficult to acquire firearms."



These Are The 7 "Risks" That Bulls Are Banking On Not Happening

...or to put it another way, here is what Deutsche Bank believes are the only two "upside risks" for markets - "a smooth start to Fed tightening" and "eurozone growth surprises to the upside." Other than that, hope that The Fed reverts to old norms and eases, un-tightens is the last best hope for this decoupled, divergent equity market...



Terrorists Planned Thursday Attack On Paris Mall; "Mastermind" Killed In Raid, WaPo Says

According to Reuters, the suspects targeted in a pre-dawn raid in France were planning to attack the Quatre Temps on Thursday, the busiest mall in France located in the business district at La Defense. Meanwhile, WaPo, citing European intelligence officials, says Abdelhamid Abaaoud was killed in Wednesday's operation.



Stocks Remain Red Post-October-FOMC As Minutes Spark "Policy Error" Signs In Bonds

Perhaps notably, despite an initial kneejerk higher, US equities remain below the levels seen when The FOMC Statement was released in October. Gold, The USDollar, and bonds are all modestly higher post-FOMC Minutes... Some might suggest the long-end is pricing in a "policy error" as on the day 30Y is down 2bps while 2Y is up over 2bps.



Fed Whisperer Confirms December Liftoff Still A Go, But Flight Path Won't Be Steep

"Federal Reserve officials meeting last month anticipated it “could well be” time to raise short-term interest rates at a December policy meeting after keeping them pinned near zero for seven years. Fed officials thus decided to change the wording of their Oct. 28 policy statement to ensure their options were open for a move in December, according to minutes of the October meeting released Wednesday with the regular three-week lag."

FOMC Minutes Show Fed Is All-In For December Rate Hike (But Depends On Data)

With everything red since the October 28th "hawkish" FOMC meeting - which greenlit a December rate hike and convinced the world that everything is awesome in America (well why else would The 'smart' Fed raise rates?) - today's minutes suggest an FOMC that is perhaps not quite as "whatever it takes" committed to a December liftoff...
  • *FOMC MEMBERS WANTED TO CONVEY DEC. LIFTOFF MAY BE APPROPRIATE
  • *SOME FED OFFICIALS: UNLIKELY LIFTOFF CONDITIONS MET BY DEC.
  • *FED OFFICIALS SAID ACTUAL LIFTOFF DECISION TO DEPEND ON DATA
But bear in mind there is a lot of data between now and December 16th (including payrolls) and what if stocks drop? Pre-Minutes: 68% rate-hike odds, S&P Futs 2064, 10Y 2.28%, EURUSD 1.0640, Gold $1070, WTI $40.45



"Record" El Nino Already Wreaking Havoc With California Electricity Prices

Just three weeks ago we warned of "all kinds of mayhem" about to be let loose as scientists feared this year's El Nino may be among the biggest ever, and as Bloomberg reports, the impact is already being felt in California... but not in much needed rain or snow. California has yet to see the full force of El Nino, and it’s already tripping up the state’s power-demand forecasters. The state saw "significant" electricity price spikes in the third quarter as El Nino made it difficult to predict how much power would be needed with a "relatively high percentage of intervals" when prices spiked above $1,000 a megawatt-hour in the 5-minute market... 25 times normal costs!



SEC Goes Unicorn Hunting: Regulator To Scrutinize How Funds Value Tech Startups

"...the only thing worse than a market with collapsing valuations is a market with no valuations and no liquidity. If stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it?"



"If You Get Enquiries Just Obfuscate And Stonewall" - How Barclays Rigged The FX Market For Seven Years

Do not involve Sales in anyway [sic] whatsoever.  In fact avoid mentioning the existence of the whole BATS Last Look functionality.  If you get enquiries just obfuscate and stonewall.... for the future, sales absolutely 100% do not know about the existence of last look and it shouldn’t be a concern for them...  IF any client does call up about a rejected trade . . . it is important that you state in any communication ‘THE TRADE WAS REJECTED BECAUSE OF LATENCY.’ . . . DO NOT talk about P&L on trades."



"Winning"

America Is Charlie Sheen: CDC "Alarmed" At 20 Million New STD Cases Spike

Charlie Sheen’s announcement that he is HIV positive has created a huge uproar as critics attack him from every direction, but the truth is that Charlie Sheen is simply a reflection of our society as a whole.  You see, the truth is that it isn’t just big Hollywood stars that are engaged in risky sexual behavior.  According to the CDC, there are 110 million cases of sexually-transmitted disease in America today, and another 20 million STD cases are added to that total every year.  The United States has the highest STD infection rate in the entire industrialized world, and more than half of all Americans will have a sexually-transmitted disease at some point during their lives..."the increases are quite alarming."

The Economy Is Already In A Recession – Holiday Spending Will Be Dismal

by Dave Kranzler, Investment Research Dynamics:

The contraction is accelerating and crosses economic lines and industry lines. In fact, one can say 95% of the economy is driven by the consumer. For instance, Cummins engine is not a consumer stock but if consumer cannot spend the trucking industry dies. – my colleague, Hal
The Government/Fed can print money to keep the banks from collapsing and to keep the financial system “solvent,” but it can’t print economic activity. To be sure, opening up the easy credit spigot to car buyers caused a temporary bounce in auto sales. But this is not sustainable. At a certain point, the availability of car buyers who can support a monthly car loan payment gets exhausted. Over 30% of all new cars sold to the private sector are now financed with sub-prime and deep sub-prime loans. Car repo rates are going through the roof according to my sources in the industry. Recently a high percentage of car sales were “fleet” sales to the Government.
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Hype Following Friday’s Likely Paris False Flag

from The Sleuth Journal:

Unsurprisingly, Western media ignored what has all the earmarks of a well-planned false flag – Washington perhaps complicit with France.
Maybe Israel was involved to justify its reign of terror on Palestine. The usual suspects were blamed (ISIS terrorists, of course) before the dust settled – the clearest indication of a Big Lie.
A joint FBI/Department of Homeland Security statement said “(w)e will not hesitate to adjust our security posture, as appropriate, to protect the American people.” Expect harsher police repression ahead.
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ISIS was created and still funded by your tax dollars...Blood on who's hands?

“Blood on His Hands”: CIA Officials, Others Implicate Snowden Disclosures in Paris Attack

by Joshua Krause, The Daily Sheeple:

The violence in Paris has prompted former and current CIA directors, and even a presidential candidate, to blame the inability to thwart attacks on “unauthorized disclosures” by NSA whistleblower Edward Snowden, despite admitting intelligence failures.
In the past several years, because of a number of unauthorized disclosures and a lot of handwringing over the government’s role in the effort to try to uncover these terrorists, there have been some policy and legal and other actions that are taken to make our ability collectively internationally to find these terrorists much more challenging…” CIA Director John Brennan told a reporter who asked how the Paris attack had happened when the world’s leading intelligence agencies “didn’t even catch a whiff of it as far as we’re to understand.”
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More Paris Puzzles

from Paul Craig Roberts:

Some people who are not inclined to believe the official story of the Paris attack are troubled by the question why Muslim suicide bombers would blow themselves up for a false flag attack. The answer to this question is very simple. But first we should dispose of the question whether suicide bombers did blow themselves up. Is this something that we know, or is it part of the story that we are told? For example, we were told that during 9/11 passengers in hijacked airliners used their cell phones to call relatives, but experts have testified that the technology of the time did not permit cell phone calls from airliners at those altitudes.
To dispose of the question whether we have or do not have any real evidence that suicide bombers blew themselves up, I will assume that they did.
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West Tries To Shift Terror Blame On Russia – Finian Cunningham

from, The News Doctors:

Never wasting an opportunity for base point-scoring, some Western leaders appear to be capitalising on the horror of the Paris terror attacks to cajole Russia into accepting their regime-change agenda in Syria. From the G20 summit in Turkey last weekend, the West is fashioning a new twist in the narrative which seeks insidiously to lay the blame, at least in part, on Russia for the horrific carnage in the French capital – that happened just two days before the G20 met in Turkey’s Antalya.
Even more distastefully, some Western voices are also crafting the implication that Vladimir Putin’s military intervention in Syria was responsible for the downing of the Russian passenger plane over Sinai in which 224 people were killed.
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MAN-MADE CRISIS

by Andy Hoffman, Miles Franklin:
Who’d have thought that the oil minister of the decidedly inconsequential nation of Oman would come up with the quote of the year?  Not just regarding the oil market he was referring to, but the 44-year mad experiment in a global fiat Ponzi scheme regime.  Which, after permanently breaking in 2008, is in the final stage of collapse – as the smoke and mirrors effect of relentless “recovery” propaganda is dead; and seven years of “can-kicking” via unprecedented money printing and market manipulation, at the very end of an extremely frayed rope.  To wit, when asked his view of the historic oversupply of crude oil – which likely, will last for years to come – he espoused the following…
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