It’s one thing for the republican establishment to throw up all over the candidacy of Donald Trump: frankly, the GOP has not been relevant as a political power ever since Boehner started folding like a lawn chair to Obama’s every demand just around the time of the first US downgrade, and as such what the Republican party – torn apart and very much irrelevant as the best of the “establishment” GOP candidates demonstrate – thinks is largely irrelevant.
However, when such stalwart titans of financial establishmentarianism as the Council of Foreign Relations and “The Economist”, who until now had been largely ignoring Trump’s ascent in the political hierarchy finally unleash an all out assault and go after Trump on the very same day, you know that the flamboyant, hyperbolic billionaire has finally gotten on the nerves of some very high net worth individuals.
Submitted by Tyler Durden on 02/28/2016 - 17:15 Not only has the Yen strengthened and stocks collapsed since BoJ's Kuroda descended into NIRP lunacy but, in a dramatic shift that threatens the entire transmission mechanism of negative-rate stimulus, Japanese banks (whether fearing counterparty risk or already over-burdened) have almost entirely stopped lending to one another. Confusion reigns everywhere in Japanese markets with short-term interest-rate swap spreads surging and bond market volatility spiking to 3 year highs (dragging gold with it).
Submitted by Tyler Durden on 02/28/2016 - 16:43 It is now all up to the ECB: "If they lowball or grudgingly meet expectations, we could face another December 4 move because market participants will see it as the equivalent of a ‘last ease in the cycle announcement’, basically ECB throwing in the towel. If they move aggressively they will catch market off guard and unwind the view that policymakers see themselves as powerless."
Submitted by Tyler Durden on 02/28/2016 - 16:15 It’s a perfect storm of governmental incompetence, union greed, political corruption, parental disinterest, societal disintegration, and poor life choices, creating the downfall of Philadelphia and other urban enclaves around the country. A city run by welfare redistributionists eventually runs out of other people’s money.
Submitted by Tyler Durden on 02/28/2016 - 15:15 Two years have passed since Yanukovich was deposed and, as it turns out, another ruthless clan of oligarchs has taken power. No wonder then that Ukraine is heading for a new wave of violence and chaos. It is a just matter of time before the Ukraine nationalistic militias will take power, resulting in a definite split of the country. Poroshenko can postpone the people final verdict by reviving the war in the east, but in the end, he can not escape the day of reckoning.
On January 26, the Virginia House of Delegates unanimously voted to pass a bill that would allow its citizens to grow and process hemp products. Similarly to Oregon, South Carolina, Colorado, Maine, Vermont and other states, Virginia sought to give people the legal grounds to oppose the current unconstitutional federal ban that was in place for this industry. Every single representative voted yes to this proposition, yielding a 98-0 majority in favor of the hemp farming initiative, or House Bill 699.
What does Virginia gain from legalizing hemp?
Hemp, which is not to be confused with marijuana, belongs to the same family of plants, cannabis sativa, but does not contain enough tetrahydrocannabinol or THC in order to be psychoactive.
Mining silver and gold is a tough business. In order to mine either of these products (money) you need a steady stream of capital into your operation. As we have reported on a number of occasions throughout 2015, and into 2016, that capital is drying up or has left the market completely. This has been causing stress and strain within the mining industry, but not like you might think.
Some of the worlds largest primary silver producers are reporting record mining years. In other words, these mining companies have been digging more silver out of the ground than ever before. Most of these mining operations are located in Mexico, the worlds largest silver producing country, while a lot of the rest of world’s silver producing countries have shown slight declines or flat production for 2015. The mining operations in Mexico have been “high grading” their mines, meaning they are digging out the most productive part of the mine possible.
There is an ongoing battle for the psychological health and welfare of America’s children and eventually all Americans. Since 2002, the government has been intent on testing millions for mental illness. This obsession even extends to our veterans as they return from combat and leave the service. The veterans are increasingly being diagnosed as having PTSD and they are subsequently being adjudicated to not being eligible to own a firearm.
Marti Oakley has been at the forefront on covering elderly abuse in which the courts are stealing the property and incarcerating the elderly into mandatory detention in a care facility because they are mentally infirm. And why is this happening? If an elderly person fails to balance their checkbook, for example, they are robbed and confined by the courts.
When it comes to whatever social media platform we use on a regular basis, most of us take it for granted that these websites are spying on us in some capacity. Granted, many social media users don’t know or don’t care, but everyone else at least implicitly agrees that in exchange for using these website for free, their posts will be data mined for information that can be used to target them with ads.
However, the personal information and opinions that we put out on social media doesn’t just provide commercial opportunities for advertisers. It’s a veritable goldmine for governments as well. Everything that people used to keep to themselves in previous generations, is now willingly shouted into the internet abyss for all to hear. Social media users often feel free to share their most controversial, subversive, and inflammatory thoughts on a platform that could reach millions of people. It’s kind of crazy when you think about it, but it’s the world we live in today.