Submitted by Tyler Durden on 01/01/2016 - 13:50 It would appear the people of Switzerland have been listening to their military leaders. Having recently been warned by the Swiss army chief of growing social unrest, SwissInfo reports applications for gun permits in Switzerland increased by 20% between 2014 and 2015, according to a survey conducted in 12 cantons. But while the army proposes "arm yourselves," Swiss crime prevention officials warn against the false sense of security that guns bring. And while the Swiss go about their legal business of arming themselves, President Obama is preparing to unleash another weapon - the executive order - to enact gun-control legislation.
Submitted by Tyler Durden on 01/01/2016 - 16:07 The president has directed administration officials to explore any steps he could take on guns without lawmakers’ help, and he said in his weekly address that he would sit down with Ms. Lynch on Monday “to discuss our options.” Once he has Lynch's "blessing", the WSJ adds that Obama "could lay out multiple executive actions as soon as next week, and administration officials have confirmed that recommendations for the president are nearing completion."
Submitted by Tyler Durden on 01/01/2016 - 15:30
Submitted by Tyler Durden on 01/01/2016 - 14:20 While most amateurs will bet on most hands, take speculative positions where the odds of success are stacked against them or try to bluff their way through a losing hand; professionals play with a cold, calculated and unemotional discipline. The professional gambler understands the odds of success of every play and measures his “bets” accordingly. He knows when to be “all in” and when to “fold and walk away.” Do they succeed all the time – of course not. However, by understanding how to limit losses they survive long enough to come out a winner over time.
Submitted by Tyler Durden on 01/01/2016 - 13:20 At the end of the day, the current preposterous $325 billion market cap has nothing to do with the business prospects of this firm or the considerable entrepreneurial prowess of its leader and his army of disrupters. It is more in the nature of financial rigor mortis - the final spasm of the robo-traders and the fast money crowd chasing one of the greatest bubbles still standing in the casino.
Submitted by Tyler Durden on 01/01/2016 - 12:55 The Norwegian owner of a Tesla Model S found an unexpected f(i)ringe benefit during a cold Friday afternoon when shortly after he had parked his luxury electric car at a supercharging station in Gjerstad, and left, he realized the car could serve as a very quick and efficient, if quite toxic, source of heating for the cold Scandinavian country, when the Model S spontaneously burst into flames.
Submitted by Tyler Durden on 01/01/2016 - 12:01 Back in August, Nationalist opposition leader Devlet Bahceli took to Twitter to call Turkish President Recep Tayyip Erdogan a "locally produced Hitler, Stalin or Qaddafi." While Bahceli probably meant that as an insult, Erdogan seems to agree.
Submitted by Tyler Durden on 01/01/2016 - 11:30
Submitted by Tyler Durden on 01/01/2016 - 10:19 "If the president’s announced sanctions ultimately aren’t executed, it would demonstrate a level of fecklessness that even the president hasn’t shown before."
Submitted by Tyler Durden on 01/01/2016 - 10:03 The seventh anniversary of Zero Hedge is just around the corner, and so, for the seventh year in a row we continue our tradition of summarizing what our readers found to be the most relevant, exciting, and actionable news of the year, determined by the number of page views. We bring you the articles that you, dear reader, found to be the most interesting in the past 365 days.
Submitted by Tyler Durden on 01/01/2016 - 09:32 “Seven Iraqis living in Munich were named as the potential attackers, and they were planning to enter the stations in pairs and blow themselves up simultaneously."
Two Dead In Tel Aviv Shooting Attack, Car Bomb Explodes At Afghan Restaurant In Violent Start To New YearSubmitted by Tyler Durden on 01/01/2016 - 08:48 Just hours after Bavarian authorities closed the Hauptbahnhof and Pasing stations in Munich after Germany received a tip from French and American intelligence sources that a terrorist attack was planned for New Year’s Eve, two “incidents” have occurred in Kabul and Tel Aviv.
Submitted by Tyler Durden on 12/31/2015 - 21:50 If Donald Trump is a megalomaniac salivating over taking control of American Weimar, then both Hillary Clinton and Marco Rubio are führers in the making. The same goes for the rest of the field, where each and every candidate aspires to be the Celebrity-in-Chief. Trump only looks worse because he doesn’t have the benefit of a sympathetic media on his side.
Submitted by Tyler Durden on 12/31/2015 - 21:15 According to a piece published earlier this month by Spiegel, ISIS obtains the satellite technology it needs to disseminate its propaganda in Antakya. In addition to reinforcing the link between the group and Turkey, this also raises an interesting question: why are the satellite service providers not doing anything to stop the group from spreading its message?
It’s official – 2015 was a horrible year for stocks. On the last day of the year, the Dow Jones Industrial Average was down another 178 points, and overall it was the worst year for the Dow since 2008. But of course the Dow was far from alone. The S&P 500, the Russell 2000 and Dow Transports also all had their worst years since 2008. Isn’t it funny how these things seem to happen every seven years? But compared to other investments, stocks had a relatively “good” year. In 2015, junk bonds, oil and industrial commodities all crashed hard – just like they all did just prior to the great stock market crash of 2008. According to CNN, almost 70 percent of all investors lost money in 2015, and things are unfolding in textbook fashion for much more financial chaos in 2016.
In all of 2011, British police killed 2 people. In 2012, 1 person. In 2013, a total of 3 bullets left the barrels of British police guns, and no one was killed. In the last two years, a total of 4 people have lost their lives because of British cops, bringing the total number of citizens killed in the UK to 7 in the last 5 years.
Since Christmas, police in America have killed 14 people. In 1 week, American cops have killed twice as many people as the British police have killed since 2011!
But if we zoom out just a little further, those numbers become even more shocking. Since 1990, police officers in the United Kingdom have killed exactly 58 people.
President Obama is nearing completion of an executive order that seeks to close the so-called gun show loophole — something gun rights advocates have said is non-existent.
According to Politico, “…the changes include requiring an expanded number of small-scale gun sellers to be licensed — and therefore conduct background checks — whenever selling a weapon. This wouldn’t close the so-called gun show loophole, though it has the potential to narrow it.”
The background check change is expected to expand the definition of what it means to be “engaged in the business” of selling guns.
from Press TV:
TThe Asian The Russian Defense Ministry has denounced as “absurd” allegations by the United States that Moscow’s airstrikes in Syria are causing civilian casualties.
The reaction came a day after the US Department of State claimed that the Russian campaign had left hundreds of “civilians” dead and struck “medical facilities, schools and markets.”
“All of these anonymous and unsubstantiated statements about the alleged use of Russian aircraft on civilian targets in Syria are increasingly reminiscent of hypnotists’ acts in travelling circuses,” the ministry said in a Wednesday statement, slamming the claims as “absurd.”
Janet Yellen and the Federal Reserve think that now is finally the time to normalize U.S. interest rates. As was already explained in a recent commentary; this could only be considered a financial “torpedo”, deliberately aimed at a crippled economy.
The U.S. retail sector has already been mired in a Greater Depression, for several years. Fifty millionpermanently unemployed Americans have simply given up hope of ever finding work, and left the workforce. Tens of millions more search desperately for jobs which actually pay a livable wage – jobs that don’t exist. The U.S. manufacturing sector had already started to collapse, just before Yellen launched her first torpedo.