"Is that all there is? We need a new President - FAST!"
San Bernardino Attack Eye-Witness: "Three Tall White Men Did It"
"As we looked out the window a second set of shots goes off [...] and we saw a man fall to the floor. Then we just looked and we saw three men dressed in all black, military attire, with vests on they were holding assault rifles. As soon as they opened up the doors to building three [...] one of them [...] started to shoot into the room... It looked like their skin color was white. They look like they were athletic build and they appeared to be tall.”
"The Fed Doesn't Get It" A Rate-Hike Means People "Will Be Carried Out On Stretchers"
Submitted by Tyler Durden on 12/06/2015 - 19:35 "It is our humble belief that the consensus at the Fed does not fully understand the magnitude of the problems in corporate credit markets and the unintended consequences of their policy actions."
Iraq May Seek "Direct Military Intervention From Russia" To Expel Turkish Troops
Iraq “may soon ask Russia for direct military intervention in response to the Turkish invasion and the violation of Iraqi sovereignty."
Terrorism's Two Best Friends: Mainstream Media & Panic-Mongering Politicians
Submitted by Tyler Durden on 12/06/2015 - 22:25 Terrorism works on the perception of the victims. It seems incredible that ten mediocre individuals, with a few primitive weapons, could cause world-wide panic. But it is a fact. Bolstered by the mass media, which thrive on such events, local terrorist acts turn themselves nowadays into world-wide threats. The modern media, by their very nature, are the terrorist’s best friend. Terror could not flourish without them. The next best friend of the terrorist is the politician. It is almost impossible for a politician to resist the temptation to ride on the wave of panic. Panic creates “national unity”, the dream of every ruler. Panic creates the longing for a “strong leader”. This is a basic human instinct.
A
few cheering thoughts on terrorism … Terrorism by Moslems in America
and Europe cannot be stopped. If attacks do not occur, it will be
because nobody tried very hard. Stopping them would require excluding
Moslems, deporting them, or controlling them by totalitarian methods.
Or, improbably, minding our own business in the Middle East. What you
think of the foregoing approaches doesn’t matter, since none of them
will be used. In France the result would be a civil war. America is too
divided to do anything about anything. The notion that the government
can prevent terrorism suggests studied inattention to the obvious. – LewRockwell.comDominant Social Theme: Fortunately, the West’s massive intelligence apparatus will keep us safe from the most destructive elements of the War on Terror.
Free-Market Analysis: Over at LewRockwell.com, Fred Reed has posted an insightful article on government responses to terrorism. Written from a libertarian standpoint, its main thesis is simple but often overlooked: Government cannot protect us from the consequences of its “long wars.”
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The Blindingly Simple Reason Why The Fed Is About To Engage In Policy Error
"... if nominal growth is 3 percent and the debt GDP ratio is 300 percent, the implied equilibrium nominal rates is around 1 percent. This is because at 1% rates, 100% of GDP growth is necessary to service interest costs."
BIS Warns The Fed Rate Hike May Unleash The Biggest Dollar Margin Call In History
Submitted by Tyler Durden on 12/06/2015 - 21:30 "While funding continued to be available, such a large negative basis indicates potential market dislocations. And this may call into question how smoothly US dollar funding conditions will adjust in the event of an increase in US onshore interest rates. Similar pricing anomalies have also emerged in interest rate swap markets recently, raising related concerns."
It Begins: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens
Submitted by Tyler Durden on 12/06/2015 - 21:25 Over the last few months, in a prime example of currency failure and euro-defenders' narratives, Finland has been sliding deeper into depression. Almost 7 years into the the current global expansion, Finland's GDP is 6pc below its previous peak. As The Telegraph reports, this is a deeper and more protracted slump than the post-Soviet crash of the early 1990s, or the Great Depression of the 1930s. And so, having tried it all, Finnish authorities are preparing to unleash "helicopter money" to save their nation by giving every citizen a tax-free payout of around $900 each month!
NYT Reports On The "Biggest Risk Facing China" As Beijing Launches "Unprecedented" Crackdown On Angry Workers
Submitted by Tyler Durden on 12/06/2015 - 21:00 “There have been arrests and crackdowns before on grass-roots labor organizations here,” one activist, He Shan, said in a telephone interview from Shenzhen, a mainland city that abuts Hong Kong. “But this is the most concentrated, the most serious. For us, this is unprecedented.”
The Problem With "Rules-Based" Monetary Policy
Submitted by Tyler Durden on 12/06/2015 - 20:20 Monetary policy 'rules' are no more accurate at determining interest rates than meteorologists are at forecasting the weather. The only difference between the two is that weathermen are precise on occasion, whereas the federal funds rate under the Taylor Rule is, at best, less wrong. Setting the price of money and credit in the name of unleashing the economy’s supposed potential output is the equivalent of enacting price controls on milk to unlock its full buying power. It’s a fallacy that cannot be achieved. The sooner the Fed pawns off its printing press, the sooner its market distortions will be lifted; and the sooner that each individual will be able to make rational decisions that make sense for not only himself or herself, but for the economy at large as well.
Get Rid of ISIS Using This 'One Weird Trick'
Submitted by Tyler Durden on 12/06/2015 - 19:10 You've seen those internet ads that offer "one weird trick" for eliminating belly fat or boosting testosterone, right? Well, here's one weird trick for getting rid of ISIS and boosting our security from terrorism. The "trick" is non-intervention. And it is only weird in the sense that it is so uncommon in this age of war. Nonetheless, it works. The "one weird trick" has three easy steps. These steps are only "easy" for Westerners, because they basically amount to us refraining from constantly screwing things up. Once we get out of their way, the hard work will be done by locals, which is as it should be.
by Susan Jones, CNSnews:
While lighting the National Christmas Tree in Washington, D.C., on
Thursday, President Barack Obama said that the “lessons of Jesus Christ”
are in not just the lessons of the Christian faith but are in fact “the
bedrock values of all faiths.”
“That’s the message of the child whose birth families like mine celebrate on Christmas–a prince born in a stable who taught us that we should love our neighbors as ourselves; and that we are our brothers’ keeper and our sisters’ keepers; that we should feed the hungry, visit the sick, welcome the stranger,” Obama said.
“These are the lessons of Jesus Christ,” he said. “But they’re also the bedrock values of all faiths–values to be cherished and embraced not only during the holidays, but to be practiced in our daily lives.”
Read More
While lighting the National Christmas Tree in Washington, D.C., on
Thursday, President Barack Obama said that the “lessons of Jesus Christ”
are in not just the lessons of the Christian faith but are in fact “the
bedrock values of all faiths.”“That’s the message of the child whose birth families like mine celebrate on Christmas–a prince born in a stable who taught us that we should love our neighbors as ourselves; and that we are our brothers’ keeper and our sisters’ keepers; that we should feed the hungry, visit the sick, welcome the stranger,” Obama said.
“These are the lessons of Jesus Christ,” he said. “But they’re also the bedrock values of all faiths–values to be cherished and embraced not only during the holidays, but to be practiced in our daily lives.”
Read More
by Joseph De Avila, WSJ:
An upstate sheriff created a stir online Thursday after he posted aFacebook message encouraging licensed handgun owners to keep their weapons on them in light of this week’s mass shooting in California.
Ulster County handgun owners should be proficient with their weapons and knowledgeable of state firearms laws to ensure the safety of themselves and others, according to the message posted by Sheriff Paul Van Blarcum.
Read More…
An upstate sheriff created a stir online Thursday after he posted aFacebook message encouraging licensed handgun owners to keep their weapons on them in light of this week’s mass shooting in California.Ulster County handgun owners should be proficient with their weapons and knowledgeable of state firearms laws to ensure the safety of themselves and others, according to the message posted by Sheriff Paul Van Blarcum.
Read More…
from The Automatic Earth:
Perhaps the best way to show what a mess Europe is in is the €3 billion
deal they made with Turkey head Erdogan, only to see him being unmasked
by EU archenemy Vlad Putin as a major supporter, financial and who
knows how else, of the very group everyone’s so eager to bomb the
heebees out after Paris. It could hardly have been more fitting. That’s
not egg on your face, that’s face on your egg.
But Brussels thinks it’s found a whipping boy for all its failures. Greece. It’s fast increasing its accusations against Athens’ handling of the 100s of 1000s of refugees flooding the country. Everything that goes wrong is the fault of Greece, not Brussels. The EU has so far given Greece €30 million in ‘assistance’ for the refugee crisis, while the country has spent over €1.5 billion in money it desperately needs for its own people. But somehow it’s still not done enough.
Read More
Perhaps the best way to show what a mess Europe is in is the €3 billion
deal they made with Turkey head Erdogan, only to see him being unmasked
by EU archenemy Vlad Putin as a major supporter, financial and who
knows how else, of the very group everyone’s so eager to bomb the
heebees out after Paris. It could hardly have been more fitting. That’s
not egg on your face, that’s face on your egg.But Brussels thinks it’s found a whipping boy for all its failures. Greece. It’s fast increasing its accusations against Athens’ handling of the 100s of 1000s of refugees flooding the country. Everything that goes wrong is the fault of Greece, not Brussels. The EU has so far given Greece €30 million in ‘assistance’ for the refugee crisis, while the country has spent over €1.5 billion in money it desperately needs for its own people. But somehow it’s still not done enough.
Read More
Note: Tarpley breaks down the San Bernardino “event” starting at 1:18.
from Webster Tarpley Radio:
Drill Baby Drill!
from Verify Events Research:
Drills, False Flags, faking entire massacres. The Nazis had a well oiled propaganda machine faking entire events to manipulate public opinion, they even had a propaganda minister. But the funny thing is they learned all these deceptive political and military tactics from the US. 100 years ago the US Army was creating films showing German soldiers throwing babies out windows to demonize the Nazis. False flags and these kinds of well-documented and historical deceptions go back all the way back to the Roman Empire.
from Verify Events Research:
Drills, False Flags, faking entire massacres. The Nazis had a well oiled propaganda machine faking entire events to manipulate public opinion, they even had a propaganda minister. But the funny thing is they learned all these deceptive political and military tactics from the US. 100 years ago the US Army was creating films showing German soldiers throwing babies out windows to demonize the Nazis. False flags and these kinds of well-documented and historical deceptions go back all the way back to the Roman Empire.
by Koos Jansen, Bullion Star:
Withdrawals from the vaults of the Shanghai Gold Exchange, which equal Chinese wholesale gold demand, in week 46 accounted for 49 tonnes. Year to date withdrawals have reached 2,362 tonnes.
As part of the wide analysis of the Chinese domestic gold market I would like to share that since the seventies there is a special army in China dedicated to gold. It’s called The Gold Armed Police – if you can read Chinese have a look at this Wikipedia page.
It’s no coincidence this army came into existence in 1979, eight year after the US left the gold standard and when China started opening up under the guidance of Deng Xiaoping. As, this was the moment the Chinese slowly started to reform their economy and made the first preparations in their gold market. They knew, among others, the global dollar standard wouldn’t last forever.
Read More
Withdrawals from the vaults of the Shanghai Gold Exchange, which equal Chinese wholesale gold demand, in week 46 accounted for 49 tonnes. Year to date withdrawals have reached 2,362 tonnes.
As part of the wide analysis of the Chinese domestic gold market I would like to share that since the seventies there is a special army in China dedicated to gold. It’s called The Gold Armed Police – if you can read Chinese have a look at this Wikipedia page.
It’s no coincidence this army came into existence in 1979, eight year after the US left the gold standard and when China started opening up under the guidance of Deng Xiaoping. As, this was the moment the Chinese slowly started to reform their economy and made the first preparations in their gold market. They knew, among others, the global dollar standard wouldn’t last forever.
Read More
by Graham Summers, GoldSeek:
The gold price didn’t do a whole heck of a lot in Far East and morning trading in London on their respective Fridays, but starting around ten minutes before the COMEX open, the gold price spiked up over ten bucks—and was promptly capped the moment trading began in New York. It began to sell off from there—aided and abetted by the release of the job numbers at 8:30 a.m. EST. But that effect didn’t last long—and within a few minutes of the news, the gold price took off to the upside. The high tick came around 10:20 a.m. in New York—and after that it wandered sideways for the remainder of the Friday session.
The low and high tick were recorded by the CME Group as $1,057.20 and $1,088.30 in the February contract.
Read More
The gold price didn’t do a whole heck of a lot in Far East and morning trading in London on their respective Fridays, but starting around ten minutes before the COMEX open, the gold price spiked up over ten bucks—and was promptly capped the moment trading began in New York. It began to sell off from there—aided and abetted by the release of the job numbers at 8:30 a.m. EST. But that effect didn’t last long—and within a few minutes of the news, the gold price took off to the upside. The high tick came around 10:20 a.m. in New York—and after that it wandered sideways for the remainder of the Friday session.
The low and high tick were recorded by the CME Group as $1,057.20 and $1,088.30 in the February contract.
Read More
by Mike Adams, Natural News:
It is now obvious to nearly everyone that the leftist mainstream media is actively working on the same team as ISIS. Not only has this media — the NYT, CNN, WashPost, etc. — deliberately covered up the real threat of ISIS and radical Islam in America; it is now demanding that all Americans be disarmed so that ISIS terrorists will meet no armed citizens whatsoever as they escalate their terrorism and mass murder across America.
CNN, for example, blacked out any mention of the word “Muslim” when covering the breaking news of the San Bernardino shooting. Every leftist media outlet in the nation has demanded the continuation of the absurd national policy of wholly unprotected borders that allow terrorists to easily enter the country. And now the New York Times is directly calling for the nationwide, government-run confiscation of firearms from all Americans.
Read More
It is now obvious to nearly everyone that the leftist mainstream media is actively working on the same team as ISIS. Not only has this media — the NYT, CNN, WashPost, etc. — deliberately covered up the real threat of ISIS and radical Islam in America; it is now demanding that all Americans be disarmed so that ISIS terrorists will meet no armed citizens whatsoever as they escalate their terrorism and mass murder across America.
CNN, for example, blacked out any mention of the word “Muslim” when covering the breaking news of the San Bernardino shooting. Every leftist media outlet in the nation has demanded the continuation of the absurd national policy of wholly unprotected borders that allow terrorists to easily enter the country. And now the New York Times is directly calling for the nationwide, government-run confiscation of firearms from all Americans.
Read More
from CorbettReport:
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