Submitted by Tyler Durden on 03/28/2016 - 22:40
"I’ve been a journalist for about 25 years, and I was educated to lie, to betray, and not to tell the truth to the public." Ever since Operation Mockingbird, a CIA-based initiative to control mainstream media, more and more people are expressing their concern that what we see in the media is nothing short of brainwashing. Leading German journalist and editor Udo Ulfkotte went on public television stating that he was forced to publish the works of intelligence agents under his own name, also adding that noncompliance with these orders would result in him losing his job.
America Hits Rock Bottom: Cities Are Paying Criminals $1000 Per Month "Not To Kill"
Submitted by Tyler Durden on 03/28/2016 - 16:29
It is widely known that as part of the economic debate, the most controversial topic is whether to engage in helicopter money, i.e., hand out freshly printed money directly to the people. What is less known is that when it comes to the most despicable underbelly of US society, cash to the tune of $1000 per month is already being "helicoptered" to some of the most brazen criminals living in the US today with one simple condition: "don't kill people."
One Third Of UK Children Spend Less Time Outdoors Than US Prison Inmates
Submitted by Tyler Durden on 03/28/2016 - 22:15 "I don't even know what to say to that. It's depressing"...
Is Trump Wrong About A Border Wall? One Stunning Chart Has The Answer
Submitted by Tyler Durden on 03/28/2016 - 19:20 Good fences make good neighbors...These Energy Companies Are Most At Risk From The Spring Borrowing Base Redetermination
Submitted by Tyler Durden on 03/28/2016 - 21:48
The
companies most at risk may actually be those with that currently have
some of the most highly utilized borrowing bases, ranging anywhere from
62% for Contango to 94% for Vanguard. It is these companies that will
suddenly find themselves with zero incremental sources of liquidity as
the banks proceed to whack anywhere from 30 to 50% of their borrowing
base, leaving them scrambling to preserve liquidity and ultimately
leading to bankruptcy court
With Hillary Clinton's Email Lies Unravelling, 147 FBI Agents Are On Her Heels
Submitted by Tyler Durden on 03/28/2016 - 12:58 “We [now] know why Hillary Clinton falsely suggests she didn’t use clintonemail.com account prior to March, 18, 2009 — because she didn’t want Americans to know about her February 13, 2009, email that shows that she knew her Blackberry and email use was not secure.”
Lessons From Brussels - America Should Get Out Of The Middle East
Submitted by Tyler Durden on 03/28/2016 - 21:25 For us here in America, the lessons of the European tragedy are there to be learned. There is only one solution to the problem of terrorism and it doesn’t involve going abroad in search of monsters to destroy. The point is to make sure those monsters never reach our shores. It’s too late for the Europeans, who are now forced to sleep in the bed they so assiduously made. It isn’t too late for America: we can learn the lesson of Brussels if only we have the will to do so.
Saudis To "Modernize" Economy As Interbank Rates Surge & Money Supply Collapses At Record Pace
Submitted by Tyler Durden on 03/28/2016 - 21:00 For the first time since January 2009, 12-month Saudi interbank rates have breached 2.00% - double the 1% lows of August. This 'stress' is also evident in the record pace of collapse of Saudi money-supply and while Riyal forwards have rallied back from extreme bets on devaluation, they remain concerning for Saudi officials who to undertake some deep and fundamental changes to their economy, reforms that no amount of browbeating from organizations like the IMF could induce.The US Election 'Shame' Of Thrones
Submitted by Tyler Durden on 03/28/2016 - 20:35
Ron Paul: A European PATRIOT Act Will Not Keep People Safe
Submitted by Tyler Durden on 03/28/2016 - 20:10 It was not long after last week’s horrifying bombings in Brussels that the so-called security experts were out warning that Europeans must give up more of their liberty so government can keep them secure from terrorism. I guess people are not supposed to notice that every terrorist attack represents a major government failure and that rewarding failure with more of the same policies only invites more failure.
Japanese Retail Sales Plunge Most Since 2010
Submitted by Tyler Durden on 03/28/2016 - 20:00 Just one more cut in rates more negative and just a little more ETF buying and bond purchases and we are sure the Japanese will start spending as wages rise...Full Metal Retard Part Deux: CIA-Backed Rebels Now At War With Pentagon-Armed Fighters In Syria's Aleppo
Submitted by Tyler Durden on 03/28/2016 - 19:45
2016 US Presidential Election Voter's Guide
Submitted by Tyler Durden on 03/28/2016 - 19:15
US Drops Case Against Apple After FBI Successfully Hacks Terrorist's iPhone
Submitted by Tyler Durden on 03/28/2016 - 18:58 Just days after what is almost sure to go down as one the biggest product launch failures in company history, the Justice Department has dropped its case against Apple after successfully "hacking" the iPhone of San Bernardino shooter Syed Farook. Did America just witness (and fall for) an epic iPublicity stunt?
Deutsche Bank: "We Expect The S&P To Be Between 1925 To 2100 Until The Election"
Submitted by Tyler Durden on 03/28/2016 - 18:52 We expect the S&P 500 to be range bound between 1925 to 2100 until after the US general election. We do not expect the S&P to fall back into correction territory as a double-dip correction already happened and it would likely take clear signs of an impending US recession or a new global shock to cause renewed investor panic.Next Came Death: What The Moment Before A Bombing Looks Like
Submitted by Tyler Durden on 03/28/2016 - 18:30
U.S. Lifted The Crude Oil Export Ban, And Exports Went... Down
Submitted by Tyler Durden on 03/28/2016 - 18:05 Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
It's Official: The Oil Surge Was Driven By The Biggest Short-Squeeze Ever
Submitted by Tyler Durden on 03/28/2016 - 17:51 It is now official: as crude soared 50% since Feb. 11, Bloomberg writes, the number of bets on increased prices has barely budged. "Instead, the upward pressure on prices appears to have come from traders cashing out of bearish wagers at an unprecedented pace. The liquidation of short positions during the last seven weeks covered by data from the U.S. Commodity Futures Trading Commission was the largest on record."
Dallas Fed Respondent Sums It Up: "Anyone Saying We're Not In Recession Is Peddling Fiction"
Submitted by Tyler Durden on 03/28/2016 - 17:46 Headlines will crow of the seasonally-adjusted 'beat' of expectations for the Dallas Fed survey (-13.6 vs -25.8 exp) but this is the 15th month in contraction (below 0) - something only seen in recession. Scratching below the surface we see employees, workweek, and capex all in contraction and forward expectations for new orders and employment tumbled. Perhaps that reality is what drove one respondent to rage, "anyone who says the economy is not in recession is peddling fiction."
2015 Ends With a Stratospheric P/E Multiple Of 23x
Submitted by Tyler Durden on 03/28/2016 - 17:38 What if Buffett, and Factset, and the SEC (and of course this website) are right and GAAP is the proper way of looking at earnings? Then we have a big problem, because instead of the 118.0 in 2015 non-GAAP S&P earnings, which translate into a P/E multiple of 17.3x as of today's 2037 market close, the real, GAAP EPS of just 88.9 for the full year 2015 means the P/E multiple is now a gargantuan 22.9x!
An Investor's Compendium Of Wall Street Wisdoms
Submitted by Tyler Durden on 03/28/2016 - 16:50 Experience is an expensive commodity to acquire, which is why it is always cheaper to learn from the mistakes of others.
“The rally you never sell”! This is a topic Jim and I have spoken of
and just recently discussed in our latest recorded chat. This is also a
topic very fitting to start off with for our “gold subscribers” because
of where we are economically and financially on a global basis.
Hopefully as you go through this missive, a light bulb will go on (if it
has not already) and fully understand that “when and how” are not
really relevant, the big question is “what”, I’ll explain.We all know the system as a whole has hit “debt saturation” levels where even sovereign treasuries and central banks have been stretched. It is no longer just about the banks or financial institutions, the danger is now risen to the level of “countries”. Please remember, the 2008 episode was aborted (saved) ONLY because sovereign treasuries and in particular central banks stepped in and flooded the world with liquidity. Since we now have negative rates permeating the financial world, it tells us central banks are approaching their greatest fear of “pushing on a string”.
Read More
by Rory, The Daily Coin:
We have the power and the weaponry to change every community, every state and the entire nation without ever firing a single bullet. How is this possible?
Whenever a person, anywhere in the world, exchanges their fiat currency for gold or silver coins or bars, they are “firing a shot” at that currency. Gold is “the money of Kings” and silver is “the money of Gentlemen”. Gold and silver have been money for thousands of years and no amount of market rigging, made up rules or government intervention will change this law of man. People around the world still conduct business using gold and silver as a medium of exchange. Simply because gold, in particular, is not used on a large scale and we are continually told that gold is a “pet rock” or held by Central Banks as a “tradition” this is not the case.
Read More
We have the power and the weaponry to change every community, every state and the entire nation without ever firing a single bullet. How is this possible?
Whenever a person, anywhere in the world, exchanges their fiat currency for gold or silver coins or bars, they are “firing a shot” at that currency. Gold is “the money of Kings” and silver is “the money of Gentlemen”. Gold and silver have been money for thousands of years and no amount of market rigging, made up rules or government intervention will change this law of man. People around the world still conduct business using gold and silver as a medium of exchange. Simply because gold, in particular, is not used on a large scale and we are continually told that gold is a “pet rock” or held by Central Banks as a “tradition” this is not the case.
Read More
by Dave Hodges, The Common Sense Show:
I can still remember my shock and horror when I learned how criminal elite choose the next Chairman of the Federal Reserve. The Feds submit a short list of 5 names to the President. From that list, the President chooses one person and nominates that person for Congressional approval. No wonder we have labored under a series of failed economic policies for over a century.
Recently, the American people just received a similar shocking lesson in terms of how the President is chosen. The American people are presented with two names who have been chosen to be candidates, and we the people are allowed to vote for one of two choices. As it is with the Federal Reserve Board nomination short list, so it is with the General Election candidates.
Read More
I can still remember my shock and horror when I learned how criminal elite choose the next Chairman of the Federal Reserve. The Feds submit a short list of 5 names to the President. From that list, the President chooses one person and nominates that person for Congressional approval. No wonder we have labored under a series of failed economic policies for over a century.
Recently, the American people just received a similar shocking lesson in terms of how the President is chosen. The American people are presented with two names who have been chosen to be candidates, and we the people are allowed to vote for one of two choices. As it is with the Federal Reserve Board nomination short list, so it is with the General Election candidates.
Read More
by Wayne Madsen, The News Doctors:
TND Editor’s Note: It’s easy to dismiss this Bloomberg headline for spin: “Sanders Says He’s Seized Momentum After Crushing Caucus Wins.”
The thing is, Bernie Sanders is actually correct. He does have real and surprising momentum. It’s one thing to see “blue states” like Washington vote strongly for Sanders, but Utah and Idaho embracing Sanders at this stage of the Presidential Election speaks to the general and growing frustration against “the establishment” that is upwelling and, is visible at both the grass roots of the Democratic and Republican parties. Neither of the party establishments like this upwelling one bit!
Read More
TND Editor’s Note: It’s easy to dismiss this Bloomberg headline for spin: “Sanders Says He’s Seized Momentum After Crushing Caucus Wins.”
The thing is, Bernie Sanders is actually correct. He does have real and surprising momentum. It’s one thing to see “blue states” like Washington vote strongly for Sanders, but Utah and Idaho embracing Sanders at this stage of the Presidential Election speaks to the general and growing frustration against “the establishment” that is upwelling and, is visible at both the grass roots of the Democratic and Republican parties. Neither of the party establishments like this upwelling one bit!
Read More
by Charles Hugh Smith, Of Two Minds:
What no financial analyst dares confess is the corporate profits they cheer every quarter have come at a cost that many Americans will soon be unable to bear.
If you work for Corporate America in a managerial or professional capacity, you know all about burnout, because you see it all around you or are experiencing it yourself. Readers describe what they are seeing in the top ranks of S&P 500 corporations, and the stories (anonymous because everyone knows the truth will get them fired/blacklisted) are all about the high personal costs of earning big paychecks by making the numbers–not just revenue but the all-important profits that power the multi-trillion-dollar valuations of U.S. corporations and the stock market that glories in their magnificent and ever-growing profits.
Read More…
What no financial analyst dares confess is the corporate profits they cheer every quarter have come at a cost that many Americans will soon be unable to bear.
If you work for Corporate America in a managerial or professional capacity, you know all about burnout, because you see it all around you or are experiencing it yourself. Readers describe what they are seeing in the top ranks of S&P 500 corporations, and the stories (anonymous because everyone knows the truth will get them fired/blacklisted) are all about the high personal costs of earning big paychecks by making the numbers–not just revenue but the all-important profits that power the multi-trillion-dollar valuations of U.S. corporations and the stock market that glories in their magnificent and ever-growing profits.
Read More…
by Adam English, Outsider Club:
Social Security is dead.
I hate to say it.
I feel like the Ghost of Christmas Future showing Scrooge his tombstone.
In this case it reads:
SOCIAL SECURITY
Born: August 14, 1935
Died: December 31, 2032
This probably doesn’t come as a surprise to you.
It’s something that’s been widely discussed, and that’s backed by basic math.
Read More
Social Security is dead.
I hate to say it.
I feel like the Ghost of Christmas Future showing Scrooge his tombstone.
In this case it reads:
SOCIAL SECURITY
Born: August 14, 1935
Died: December 31, 2032
This probably doesn’t come as a surprise to you.
It’s something that’s been widely discussed, and that’s backed by basic math.
Read More
by Rory, Solari:
“The Presidency of the United States is not an entry level position.” ~ Don Coxe.
Donald Trump is now enjoying on the job training under the white lights of the governance system in the United States. Governance is a very different place than campaigning.
Trump showed up at the Washington Post with part of his foreign advisory team to speak with the editorial board. His team included retired Lieutenant General Keith Kellogg. Kellogg joined Oracle after leaving the military, then served with Paul Bremmer in Iraq and then went to CACI. The first description I read said he was a Vice President of CACI.
Continue reading Trump’s & Clinton’s High Negative Approval Ratings Likely to Go Higher
“The Presidency of the United States is not an entry level position.” ~ Don Coxe.
Donald Trump is now enjoying on the job training under the white lights of the governance system in the United States. Governance is a very different place than campaigning.
Trump showed up at the Washington Post with part of his foreign advisory team to speak with the editorial board. His team included retired Lieutenant General Keith Kellogg. Kellogg joined Oracle after leaving the military, then served with Paul Bremmer in Iraq and then went to CACI. The first description I read said he was a Vice President of CACI.
Continue reading Trump’s & Clinton’s High Negative Approval Ratings Likely to Go Higher
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