by Shepard Ambellas, Intellihub:
A few interesting details have surfaced regarding Wednesday’s mass shooting dubbed ‘terror attack’ which killed 14 and injured 17 others. One of the most interesting comes from an eyewitness.
We now know that ATF investigators recovered police issued firearms from the alleged shooters. This key detail was leaked by 2016 GOP Presidential Candidate Carly Fiorina during a press interview after she had overheard a newsroom report that doesn’t fit the official narrative.
We also know that active shooter drills actually took place near the crime scene just days before and possibly even on the same day of the mass shooting as reported by Mac Slavo.
Read More
A few interesting details have surfaced regarding Wednesday’s mass shooting dubbed ‘terror attack’ which killed 14 and injured 17 others. One of the most interesting comes from an eyewitness.We now know that ATF investigators recovered police issued firearms from the alleged shooters. This key detail was leaked by 2016 GOP Presidential Candidate Carly Fiorina during a press interview after she had overheard a newsroom report that doesn’t fit the official narrative.
We also know that active shooter drills actually took place near the crime scene just days before and possibly even on the same day of the mass shooting as reported by Mac Slavo.
Read More
New Photo Emerges Of California Mass Shooters Entering The US
Submitted by Tyler Durden on 12/07/2015 - 09:50 While we were the first to mock co-workers' contention that Farook's radicalization could be confirmed by the size of his beard, we would note that although you cannot judge a book by its cover, it does indeed appear as though some manner of transformation might have taken place in or around Farook's two visits to Saudi Arabia.
from The Intercept:
Major defense contractors Raytheon, Oshkosh, and Lockheed Martin
assured investors at a Credit Suisse conference in West Palm Beach this
week that they stand to gain from the escalating conflicts in the Middle
East.
Lockheed Martin Executive Vice President Bruce Tanner told the conference his company will see “indirect benefits” from the war in Syria, citing the Turkish military’s recent decision to shoot down a Russian warplane.
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Major defense contractors Raytheon, Oshkosh, and Lockheed Martin
assured investors at a Credit Suisse conference in West Palm Beach this
week that they stand to gain from the escalating conflicts in the Middle
East.Lockheed Martin Executive Vice President Bruce Tanner told the conference his company will see “indirect benefits” from the war in Syria, citing the Turkish military’s recent decision to shoot down a Russian warplane.
Read More
by J. D. Heyes, Natural News:
As much as President Obama seems to reject the notion of allowing
law-abiding Americans the right to choose whatever firearm they want to
protect and defend themselves, he has been awfully good for the firearms
industry – so good, in fact, that I’ve often wondered if the man
secretly owns stock in gun making companies.
In fact, each new utterance of a desire to enact new “sensible gun laws” has led to record sales of guns, and that trend continued recently during “Black Friday,” as 185,000-plus Americans sought to arm up, as terrorism continues to threaten our communities, and our Southwestern border is violated more often than a New York City subway turnstile.
As reported by USA Today, more Americans completed background checks to purchase firearms on Black Friday than any other day on record, according to data released by the Federal Bureau of Investigation.
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As much as President Obama seems to reject the notion of allowing
law-abiding Americans the right to choose whatever firearm they want to
protect and defend themselves, he has been awfully good for the firearms
industry – so good, in fact, that I’ve often wondered if the man
secretly owns stock in gun making companies.In fact, each new utterance of a desire to enact new “sensible gun laws” has led to record sales of guns, and that trend continued recently during “Black Friday,” as 185,000-plus Americans sought to arm up, as terrorism continues to threaten our communities, and our Southwestern border is violated more often than a New York City subway turnstile.
As reported by USA Today, more Americans completed background checks to purchase firearms on Black Friday than any other day on record, according to data released by the Federal Bureau of Investigation.
Read More
Key Economic Events For This Week
Submitted by Tyler Durden on 12/07/2015 - 09:34 After a week full of macroeconomic and headline news (and blooper) fireworks, it’s a fairly quiet start to the week today, with the usual post-payrolls lull in the US.
"We Lost A Battle Today": Venezuela Rebukes Maduro's Socialist Paradise In Dramatic Election
Submitted by Tyler Durden on 12/07/2015 - 09:16 “We have come with our honor to recognize these adverse results, to accept them and tell Venezuela that the constitution and democracy have triumphed, We accept the results just as they have been announced by the electoral body.”
"Presidente De Venezuela" - Innocent Typo, Or Obama's Next Job?
Submitted by Tyler Durden on 12/07/2015 - 09:12 Just an innocent typo by CNN, or an advance look at president Obama's next job who after having "fixed" the U.S., now sets his sights on doing the same to this erstwile socialist paradise?
Is The Fed Finally Being Forced To Consider Main Street?
Submitted by Tyler Durden on 12/07/2015 - 08:57 To help Main Street, the Fed must stop incentivizing speculation over investment and end policies that have shifted wealth and income to the top of the wealth pyramid. Main Street's woes are largely structural: the high cost of regulations, the soaring cost of healthcare insurance, the artificial-scarcity costs imposed by cartels enforced by the federal government and the pressures generated by globalization and automation. The Fed can't solve those problems, but it can certainly stop enriching the already-super-wealthy at the expense of the rest of us.
Hedge Funds Sitting On $1 Billion Loss As "Most Hated Name" Keurig Acquired At 78% Premium For $92
Submitted by Tyler Durden on 12/07/2015 - 08:48 As one hedge fund favorite long crashes (Chipotle is down 9% in the pre-market), so another hedge fund favorite short is about to spike (once it reopens for trading). JAB Group has decided that now is the time to offer a 78% premium to current prices to buy Keurig Green Mountain for $92 (note that is still down over 40% from its highs a year ago). The stock is currently halted at $51.51 leaving the 12% short interest biting their nails at the prospect of major losses and a good 'volkswagen-ing'.
Crude Carnage Continues - WTI Tumbles To $38 Handle
Submitted by Tyler Durden on 12/07/2015 - 08:34 Following Friday's plunge after OPEC "held" steady, confirming the strategy of crushing US Shale is here to stay, WTI Crude has continued its carnage and is back to a $38 handle for the first time since the August-month-end meltup... very close once again to cycle lows.
EUR Slides Below 1.08 After Goldman Raises EUR Forecast
Submitted by Tyler Durden on 12/07/2015 - 07:55 Overnight Goldman "concluded its review" of where the EUR will go in the medium and long-term, when Robin Brooks announced Goldman is now "Scaling Back our Expectation for Euro Downside" specifically saying the firm revises its forecast for EUR/$ to 1.07, 1.05 and 1.00 in 3, 6 and 12 months (from 1.02, 1.00 and 0.95 previously) and lifts its year end-2017 forecast to 0.90 from 0.80. The result of Goldman's increase in its EUR forecast? The EUR promptly tumbled below 1.08
Assad Slams US Bombing Of Government Troops As Turkey Accuses Russia Of Violating Montreux Treaty
Submitted by Tyler Durden on 12/07/2015 - 07:45 For the first time since the conflict in Syria began, coalition warplanes bombed Bashar al-Assad's troops in what may have been an "accident" or what may signal a dangerous strategic shift for the US. Meanwhile, Turkey says Russia violated the treaty governing passage in the Bosphorus by placing a soldier with a rocket launcher on the deck of the Caesar Kunikov.
European, Asian Stocks Jump As Iron Ore Joins Oil Below $40 For First Time Since May 2009
Submitted by Tyler Durden on 12/07/2015 - 06:57 With Draghi's Friday comments, which as we noted previously were meant solely to push markets higher, taking place after both Europe and Asia closed for the week, today has been a session of catch up for both Asian and Europe, with Japan and China up 1% and 0.3% respectively, and Europe surging 1.4%, pushing government bond yields lower as the dollar resumes its climb on expectations that Draghi will jawbone the European currency lower once more, which in turn forced Goldman to announce two hours ago that it is "scaling back our expectation for Euro downside."from The Wealth Watchman:
In the roughly 9 weeks that Russia has been pulverizing ISIS/Daesh/Al-Qaeda/Al-Nusra into tiny bits, so much good has been accomplished already. Russian air support has done such a thorough job of smashing ISIS’s supply lines, IED factories, munitions depots, & infrastructure…that Assad’s Syrian Army(plus Hezbollah) had made significant territorial gains in just weeks. In fact they’re now threatening to retake Aleppo itself! Let’s be clear: when Assad takes back Aleppo, the country will be, for all intents and purposes, firmly under his control again.
For Putin, that wasn’t enough though. He and the Kremlin had known for years who really controlled ISIS, and more importantly how they were funding that organization, and he decided the time was finally right to strike at the heart of their operations in Syria, once and for all.
Read More…
As we approach the end of 2015, researchers at both JP Morgan and Citigroup agree that the probability that the U.S. economy will soon plunge into recession is rising. Just last week, a member of the U.S. House of Representatives asked Janet Yellen about Citigroup’s assessment that there is a 65 percent chance that the United States will experience an economic recession in 2016. You can read her answer below. And just a few days ago, JP Morgan economists Michael Feroli, Daniel Silver, Jesse Edgerton, and Robert Mellman released a report in which they declared that “the probability of recession within three years” has risen to “an eye-catching 76%”…
Read More…
from RT:
London’s air operation against Islamic State in Syria is illegal and therefore will not be successful, like the bombing of the US-led coalition in the country over the last year, Syrian President Bashar Assad said in an interview with The Sunday Times newspaper.
The support of the British parliament for the air operation in Syria advocated by Prime Minister David Cameron cannot change the fact that the presence of the Royal Air Force in Syrian airspace is unlawful since neither Damascus, nor the United Nations have given London the green light to bomb Syrian territory, Assad said.
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London’s air operation against Islamic State in Syria is illegal and therefore will not be successful, like the bombing of the US-led coalition in the country over the last year, Syrian President Bashar Assad said in an interview with The Sunday Times newspaper.
The support of the British parliament for the air operation in Syria advocated by Prime Minister David Cameron cannot change the fact that the presence of the Royal Air Force in Syrian airspace is unlawful since neither Damascus, nor the United Nations have given London the green light to bomb Syrian territory, Assad said.
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from Telegraph:
In the last couple of days, young people have been coming up to me in
the street and asking in an accusing way: “Oi, Boris, why did you vote
for war?” And I try as ever to explain that I was not voting for war. There currently is a war that is taking place in Syria.
That bestial conflict has already claimed a quarter of a million
lives. I was voting to stop the war. I was voting for peace. “Yeah,”
they say, “but what about the bombing? What about all the innocent
people who will die? It will be their blood on your hands.”
Read More
from Wolf Street:
When diesel-engine maker Cummins announced its third-quarter earnings debacle on October 28, chief operating officer Rich Freeland had a special word about future production and sales of heavy trucks: “It’s evident now that retail sales [of trucks] and production will be down going forward.”
He wasn’t kidding. But it’s a lot worse than imagined at the time.
Demand for Class 8 trucks, the largest trucks on US highways, had been strong in 2014, and orders were expected to reach a decade high in 2015. Last year, the trucking industry was roaring, and there was talk of shortages of trucks and drivers, a capacity squeeze caused by vibrant order books around the country. Companies were stocking up for the great year 2015.
Read More
When diesel-engine maker Cummins announced its third-quarter earnings debacle on October 28, chief operating officer Rich Freeland had a special word about future production and sales of heavy trucks: “It’s evident now that retail sales [of trucks] and production will be down going forward.”
He wasn’t kidding. But it’s a lot worse than imagined at the time.
Demand for Class 8 trucks, the largest trucks on US highways, had been strong in 2014, and orders were expected to reach a decade high in 2015. Last year, the trucking industry was roaring, and there was talk of shortages of trucks and drivers, a capacity squeeze caused by vibrant order books around the country. Companies were stocking up for the great year 2015.
Read More
from Liberty Blitzkrieg:
All you need to know about Warren Buffett can be gleaned from this one sentence he uttered in a Bloomberg interview earlier this year:
Clinton has a vision for America that’s very similar to mine.
Indeed, and that vision is one of crony capitalism and oligarchy. Two things both Buffett and Hillary have a long history of supporting.
As such, he’s busying running a $33,400 a plate fundraiser for this faux populist, along with the President of private equity giant Blackstone. Blackstone, of course, is one of the firms that benefited most from the Obama administration’s banker bailouts, by quickly buying up all the foreclosed homes only to turn around rent them right back to the peasants who were evicted. Here are a few articles on the topic to get caught up.
Read More
All you need to know about Warren Buffett can be gleaned from this one sentence he uttered in a Bloomberg interview earlier this year:Clinton has a vision for America that’s very similar to mine.
Indeed, and that vision is one of crony capitalism and oligarchy. Two things both Buffett and Hillary have a long history of supporting.
As such, he’s busying running a $33,400 a plate fundraiser for this faux populist, along with the President of private equity giant Blackstone. Blackstone, of course, is one of the firms that benefited most from the Obama administration’s banker bailouts, by quickly buying up all the foreclosed homes only to turn around rent them right back to the peasants who were evicted. Here are a few articles on the topic to get caught up.
Read More
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