Thursday, January 14, 2016

Hillary's Lead Disintegrates: She Is Now Doing Worse Than In 2008, As Trump Surges

Just when Hillary Clinton thought her political fiascoes would be the worst of her ongoing troubles as she glides through the Democrat primaries, and then takes on Trump sure to find a Warren Buffett-funded victory, suddenly everything appears to have gone wrong in what is most important to the scandal-ridden former Secretary of State and presidential contender: her second - and final - campaign for president.

70 Tips That Will Help You Survive What Is About To Happen To America

by Michael Snyder, End of the American Dream:

You may have noticed that things are starting to get crazy. Financial markets are imploding, violent crime rates are soaring in our major cities, and we have witnessed a truly unusual series of natural disasters in recent months. War in the Middle East continues to rage out of control, and Islamic terror continues to spread all over the globe. And many believe that 2016 is going to be a year of political shaking, civil unrest, governmental crackdowns and great economic chaos in the United States. All it is going to take to plunge our society into full-blown panic mode is a major “trigger event” of some sort. Another 9/11, a new “Lehman Brothers” moment, a massive EMP burst from the sun or a historic seismic event are all examples of what this “trigger event” could look like.
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The Empty Suit's Seat

President Obama's "Empty Seat" appears to have raised the ire of many...

How Switzerland Hopes To Prevent Refugee Sex Attacks: With This Cartoon

Financial Collapse Leads To War

A financial oligarchy has seized control of the country, and, since it can't control its own appetites, is running it into the ground. Thus, it would make sense for it to have some sort of back-up plan for when the whole financial house of cards falls apart. Ideally, this plan would effectively put down any chance of revolt of the downtrodden masses, and allow the oligarchy to maintain security and hold onto its wealth. Peacetime is fine for as long as it can placate the populace with bread and circuses, but when a financial calamity causes the economy to crater and bread and circuses turn scarce, a handy fallback is war.

"I Don't Have Faith Anymore": Frustrated Chinese Shun Stocks For Safety Of Dollars, Gold

It's been a roller coaster year for China's legions of semi-literate day traders who have seen the heights of feast and the depths of famine with Chinese equities over the past 12 months. Now, in the wake of more volatility, many Chinese retail investors are throwing in the towel.

Ron Paul Warns: "Watch The Petrodollar"

"The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better."

Alberta Freezes Government Salaries As Canada's Oil Patch Enters Second Year Of Recession

"The Alberta Public Service is made up of hard working and dedicated women and men who do valuable work each and every day in the service of Albertans. However, to maintain stability and protect jobs within the public service, we must deal with the economic realities we’re facing.”

Shanghai Composite Opens Under 3,000 As Onshore Yuan Practically Unchanged For Fourth Day

Having made its warning to the Fed loud and clear ("if you hike or otherwise push the USD any higher, we will crush your markets by devaluing the Yuan against everyone but mostly the USD"), the PBOC continued the fragile ceasefure between the world's two most powerful central banks, when moments ago it kept the onshore Yuan virtually unchaged, by weakening today's fixing by 0.03% to 6.5637. However, as can be seen on the chart below, this has barely even registered.

Stunning Drone Footage Depicts Syria's Dying Capital

"Willing Idiots" & Geopolitical Instability

Periods of transition between “rising powers” and “declining powers” have been described in terms of the so-called Thucydides Trap, when fear within a static or declining power (historically, Athens) of a rising power (historically, Sparta) makes war seemingly inevitable. The phenomenon today applies not only to the China-U.S. dynamic - as has been widely remarked - but to the Middle Eastern imbalance, the “north-south” imbalance, and so on. Accompanying this sliding vertical scale of strategic power balance is the sliding horizontal scale of population volatility and movement, characterized by the breakdown of the Westphalian nation-state concept.

"Markets Crash When They're Oversold"

When markets begin a "bear" cycle, they can remain in an oversold condition for extended periods. There is an important 'truism' to remember - "Markets crash when they’re oversold."

The "World's Most Bearish Hedge Fund" Crushed It In 2015

"Your fund made 5.6% net last month, to finish the year up 20.45% net. Gains came from the short book.... Your fund remains long bonds, short equities."

The 'Real' Price Of Oil Is Below $17

"You see a big destruction in the income of the oil and commodity producers," exclaims on analyst but, as Bloomberg notes, while oil prices flashing across traders' terminals are at the lowest in a decade, in real terms the collapse is considerably deeper. Adjusted for inflation, WTI is its lowest since 2002 and worse still Saudi Light Crude is trading at below $17 (in 1998 dollar terms) - the lowest since the 1980s...

"It's All The Fed's Fault" Santelli Rages, They "Will Certainly Turn Us Into Japan"

Santelli rages "the notion that a small group of people should control the price of money should be under review," adding that "if stocks are rallying because The Fed is retreating, we certainly will turn into Japan."

Could China's Housing Bubble Bring Down The Global Economy?

Following a comprehensive review of China's housing market, we now realize it's much worse than the consensus understands.

Bullard Bounce 2.0 - Stocks Surge By Most Since September; Bonds, Dollar Flat

Uh Oh! The Last Time This Happened, The Global Financial System Went Into FREEFALL

Things aren’t Looking Good
from The Wealth Watchman:
Holy smokes, 2016 is intense!The world economy is literally seizing up, and vaporizing vast amounts of wealth from investors. In just 2 weeks, over $3 trillion in wealth has been wiped out. I’ve been watching markets tank all over the entire world, and it’s starting to smell like August/September of last year again.
Anyone remember Black Monday just 4 short months ago? Seems like an eternity ago now.  Yet, I warned back then that the carnage felt across the global equity markets was just a warm up.  I said that shortly we’d be revisiting that action, and that what was to come would make it seem like a blip. Well, as you can see on this chart, we’ve finally gotten a crucial breakdown that I’ve been anticipating for some time now.
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The US Government Has An Internet Killswitch - And It's None Of Your Business

On Monday the Supreme Court declined to hear a petition from the Electronic Privacy Information Center (EPIC) that sought to force the Department of Homeland Security to release details of a secret “killswitch” protocol to shut down cellphone and internet service during emergencies.

The Machines Are Going Mad - HFT Quote-Stuffing Desperation Spikes To Record High

It appears - for now - that the machines are losing control. Amid the chaos of the last few days in US equities, Johnny 5 and his ilk have been quote-stuffing in desperation at the highest rate in history... but it's not working!!

Complacent Correction Cause For Concern?

Despite recent stock market carnage, the reaction by the VIX has been a relative yawner. All we really care about are the cold, hard numbers. And if history is any guide, investors, who have demonstrated a rather complacent reaction to the decline so far, may very well get a wake up call before this slump has run its course.

Creditors Accuse Portugal Of "Unfair, Populist Short-Cut" In €2 Billion Bank Bail-In

"The new Portuguese administration is not the first government to resort to asset confiscation and populist expediency. Venezuela and Argentina also belong to this club. The important distinction is that Portugal is a eurozone member state, and its systemically important banks are regulated by the ECB."

Textbook Exec Reveals Greedy Truth Behind Common Core: ‘It’s Never About the Kids’

Houghton-Mifflin West Coast sales manager Dianne Barrow made it a point to proclaim, “I hate kids.”
by Adan Salazar, Infowars:
“It’s never about the kids,” an executive for one of the largest Common Core textbook publishing companies admits in a recent undercover sting video released exclusively to Infowars.
“There’s always money in it,” according to Amelia Petties, Strategic Account Executive for Houghton-Mifflin Harcourt, who told undercover journalists with Project Veritas that rebranding Common Core would generate huge profits, kids be damned.
In the video, Petties claims the Common Core curriculum is here to stay, but that “slapping a new name on it” couldn’t hurt, “Because I can sell a shit ton of training around whatever you’re calling it.” When asked whether the quality of children’s lessons ever influence the sales of textbooks, Petties replies, “It’s never about the kids.”
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No Danger of Nuclear War, Huh? Here’s the Pentagon’s Plan to Blow up the Planet

by Prof Michel Chossudovsky, Global Research:
More than 2000 nuclear explosions have occurred since 1945 as part of nuclear weapons’ testing. Officially only two nuclear bombs (Hiroshima and Nagasaki, 6 and 9, August 1945) have been used in an act of war. The media consensus is that a nuclear holocaust is an impossibility… Should we be concerned? 
Publicly available military documents confirm that nuclear war is still on the drawing board of the Pentagon.
Read More…

filed under white trash...

Emails expose close ties between Hillary Clinton and accused war criminal Henry Kissinger

by Ben Norton and Jared Flanery, Salon:
“I greatly admire the skill and aplomb with which you conduct our foreign policy,” wrote Henry Kissinger in a 2012 letter to “the Honorable Hillary Rodham Clinton.” The compliment was included as a handwritten postscript added to the printed letter.
The Feb. 7 letter, which was released in a batch of emails from former Secretary of State Hillary Clinton, is a request that she help declassify documents from Kissinger’s time as secretary of state, which he says constitute “a unique record of a critical period in American foreign policy.”
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False Flag In Turkey? Bomb To Erase Erdogan’s Terror Links – Finian Cunningham

from The News Doctors:

It’s the deft way that Turkish President Recep Tayyip Erdogan reacted to the deadly bombing in Istanbul this week that raises suspicions. Suspicions that there is much more to the incident than simply an Islamist terror attack carried out against innocent civilians. To put it bluntly: Erdogan «needed» this atrocity in order to erase mounting evidence of his own regime’s collusion in terrorism with the very same Islamist terror network alleged to have carried out the Istanbul bombing.
From the blood and carnage, his regime has quickly sought to position itself internationally as another victim of barbaric terrorism, and as a fearless fighter against the Islamic State terror network. Turkey is a little too self-consciously wrapping itself in the emotional flag of France following the Paris terror attacks in November.
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Austrians get (some) mainstream credibility

by Alasdair Macleod, Gold Money:

Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s Adam Smith Institute publishes a paper by Anthony Evans that recommends the Bank of England should ditch its powers over monetary policy and move towards free banking.
Admittedly, the BIS paper hides its argument behind a mixture of statistical and mathematical analysis, and seems unaware of Austrian Business Cycle Theory, there being no mention of it, or even of Hayek. Is this ignorance, or a reluctance to be associated with loony free-marketeers? Not being a conspiracy theorist, I suspect ignorance.
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Huge Miner Bankruptcies Possible Soon; Great News For Gold And Silver, Bad News For Streaming Companies?

from Dollar Collapse:

The commodities bust may be about to claim some brand-name victims:
Freeport-McMoRan Inc: The Hits Just Keep Coming
Freeport-McMoRan (NYSE:FCX) is off to a brutal start in 2016 with its stock price down nearly 40% in just over a week. The company is being battered by a barrage of negative news items, with the latest being another analyst downgrade. The rough start, which follows a very tough 2015, has a lot of investors wondering if the company will make it through the year in one piece.
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Two Smoking Guns

by Devon Douglas-Bowers, Lew Rockwell:

The federal criminal investigation of former Secretary of State Hillary Clinton’s failure to secure state secrets was ratcheted up earlier this week, and at the same time, the existence of a parallel criminal investigation of another aspect of her behavior was made known. This is the second publicly revealed expansion of the FBI’s investigations in two months.
I have argued for two months that Clinton’s legal woes are either grave or worse than grave. That argument has been based on the hard, now public evidence of her failure to safeguard national security secrets and the known manner in which the Department of Justice addresses these failures.
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