Sunday, March 20, 2016

California Allows Non-Citizens to Vote, Which is Illegal, So Every California Vote should be Disqualified


Do you still think your vote counts...Really...
from Eagle Rising:

The official number of illegal aliens in the state of California is nearly 3 million. We can estimate the number to be more than double this amount in reality.
Over half of all drivers license issued in California were given to individuals who are here illegally and the state automatically registers those with a driver’s license to vote.
In 2015, California Governor Jerry Brown (D-CA) signed a bill giving full voting rights to illegal aliens. This gives them the right to vote in all elections from a local level to national elections, including that of choosing who will become President.
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Must Watch Video - "The Veneer of Justice in a Kingdom of Crime"

No one in American society is supposed to be immune from criminal prosecution, yet the Justice Department in the Obama administration took it upon themselves to grant such immunity to the mega banks and their employees. This is a tale of the traitors operating within the highest levels of the U.S. government, and it is a saga of how the rule of law was openly torched in front of our very eyes.... Until justice is served, this nation will never heal. Economically, culturally or spiritually.

SOROS GROUP CALLED ‘DEMOCRACY SPRING’ VOWS TO CAUSE CATASTROPHIC CIVIL DISOBEDIENCE TO STOP TRUMP

by Geoffrey Grider, Now The End Begins.com:
WITH LITTLE FANFARE AND ALMOST NO NEWS MEDIA ATTENTION, SOME OF THE SAME RADICAL GROUPS INVOLVED IN SHUTTING DOWN DONALD TRUMP’S CHICAGO RALLY LAST WEEK ARE PLOTTING A MASS CIVIL DISOBEDIENCE MOVEMENT TO BEGIN NEXT MONTH.
George Soros has just declared war on America. With the Soros millions behind them, a brand new far Left anarchist group named after the Arab Spring hoax of a few years back, has vowed to set America on fire both figuratively and literally. These are the exact same people that caused mass disruptions at Donald Trump’s rally in Chicago last week. They are vowing to not quit until thousands of them are in jail for crimes against the government. Though they don’t mention Trump by name, they are obviously aiming to stop his run for the presidency as they just attempted to do  in Chicago.
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Brazil Needs A Stronger Currency Like It Needs A Hole In The Head, Goldman Warns

As we’ve documented extensively this month, the BRL is now trading pretty much exclusively on Lula, as his fate is seen as a proxy for whether Rousseff will ultimately be forced from office. The market apparently believes that anything would be better than the current political arrangement when it comes to shoring up the country’s flagging economy which last year plunged into what might as well be a depression. Now that the high court has blocked his appointment, Brazil should be wary of further currency appreciation, Goldman warns, as an economic rebalancing requires a weaker BRL.


Thousands Of "Elated, Wet" Migrants Land On Lesbos, As Refugee "Deal" Fails To Stem Flow


 

NIRP Hail Mary

Negative interest rates are a tax! Not a traditional tax paid to the government, but an expense paid, on savings. Years of policy designed to encourage spending and discourage savings is likely reaching the end game; the point where those exhibiting prudence must be punished to keep the game going.  At some point, and likely soon, central bankers will be forced to realize the efficacy of lowering interest rates is vanishing and is hindering achievement of their goals. When this occurs a paradigm shift in the way monetary policy is conducted will likely occur. Investors that understand this dynamic, and what it portends, will be in a much better position to protect and profit from the asset price adjustments that lie ahead.



Meet The "Professional Agitator" Who Was Beaten At Yesterday's Trump Rally: "I Was Protesting Trump’s Fascism"

According to a profile by the Arizona Daily Star, his name is Bryan Sanders who describes himself as an indepedent "I'm not a republican, I'm not a democrat." This is what he said: "I was protesting Trump’s facism, his racism, his lies, his women-hating," Bryan Sanders said in an interview with the Arizona Daily Star.  Sanders said he was holding a sign that said "Trump is bad for America."



All The Latest Chinese News In Just 7 Bullets

(1) Incoming Jan-Feb data still choppy; (2) Our Synthetic Growth Index (SGI) likely down for Jan and Feb, after up Sep-Dec; (3) As China slows, no problem is too small for a new policy fix; (4) Housing: too many vacant units, in the wrong places, wrong size and wrong price.; (5) SOEs:  excess capacity, old, inefficient in most key China industries. (6) Equities:  recent rally welcome but markets still broken just when more equity financing is needed. (7) NPLs: from past bad decisions, rising sharply.



Goldman FX Head: "No Central Bank Conspiracy" To Crush The Dollar, "We Are Right, The Market Is Wrong"

"We see no conspiracy to stabilize exchange rates, just an unfortunate string of misfires from central banks (most notably the ECB), which will ultimately reinforce the divergence theme."



"Don't Take The Public For Fools!": China Hides Millions Of Layoffs, Jails Miners Protesting Unpaid Wages

What do you do when you need to lay off a few million people but you don't want to hurt your goalseeked unemployment rate? You tell miners to hand in their picks and you promptly give them mops and a 66% pay cut. If they protest, you throw them in jail. If they storm the castle, you start shooting.



Turkish Turmoil As ISIS Blamed For Weekend Attack; Video Shows Police Using Water Cannons On Peaceful Kurds

Turkey says it has identified the man who detonated an explosive belt in a bustling Istanbul shopping district on Saturday. The attack is now believed to have been ISIS-inspired. Meanwhile, Kurds in Silopi thought Erdogan might let them celebrate the Persian new year. They were wrong.


Buffett and Musk Brawl for Market Dominance

by Jimmy Mengel, Outsider Club:

Back in the summer of 2014, Warren Buffett revealed that Berkshire Hathaway, through various subsidiaries, had invested $15 billion in solar and wind projects.
Buffett then added: “There’s another $15 billion ready to go, as far as I’m concerned.”
And with that, Berkshire Hathaway Energy (originally called MidAmerican Energy) was endowed with a mandate to dominate the fledgling renewable energy market, focusing heavily on solar power.
Its approach has been single-minded and deliberate.
With a series of monster acquisitions, the Berkshire subsidiary has transformed itself into the third-largest owner of solar assets in the country.
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Soros-Obama-Merkel-Erdogan Win Control of Europe

from Washington’s Blog:

On Friday, March 18th, a combined effort by George Soros, Barack Obama, Angela Merkel, and Tayyip Erdogan, has arranged to get the EU to abandon previously sacrosanct fundamental human rights of refugees, and to transfer $6B+ to Turkey, in return for placing the refugee burden onto Turkey and getting Turkey to cooperate so as to assist the breakup of Syria, which will enable a gas-pipeline and an oil-pipeline to be built through Syria to enable Qatar’s gas and Saudi Arabia’s oil to be pipelined through Syria into the EU, so as to replace Russian oil and gas, which now fuel the EU.
Here, in my rush translations from the original German-language reports at German Economic News (Deutsche Wirtschafts Nachrichten) are the key reports and headlines:
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Political Turmoil Rages in Brazil, Puts Oil Industry On Edge

from Wolf Street:

More than 3 million people protested in the streets of major cities across Brazil on March 13, numbers that may have exceeded even the massive rallies that took place at the end of the country’s military dictatorship in the mid-1980s. The population is fed up with corruption, fed up with the ruling party, and are seeking the ouster of President Dilma Rousseff.
The list of problems facing President Rousseff runs long. The scandal plaguing the state-owned oil company Petrobras continues to spread. Brazil is facing the worst economic recession in about a century, in large part due to the crash in prices for oil and other commodities. GDP shrank by 3.8% in 2015 and could contract by almost as much this year. And President Rousseff herself is facing impeachment proceedings for cooking the budgetary books.
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The Pissing Contest of the Impotent Parasites

from Zen Gardner:

Using the ongoing situation in Syria as an example, this particular incursion of the parasitic western powers, never mind their other psychotic maneuvers, serves as a perfect example of how the so-called powers that be are simply pissing in the wind.
It’s ultimately futile.
It never succeeds in the tides of time. We just happen to be living in the immediate moment.
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Free Markets are Nature’s Design

from ArmstrongEconomics:

Everything is connected in nature including how our economy functions. A reader who grasped my piece on how everything is interconnected in markets sent this in. He made the connection with his non-linear observation. Something small can have profound impacts; the essence of Chaos Theory. The reintroduction of wolves in Yellowstone National Park changed even the geography of the region.
We each have our role in society and in nature. The rich and the poor are part of the whole. This idea that everyone must be “materially” equal I have noted even violates the Ten Commandments. In nature, one species preys upon another. It may be horrible to watch, but you cannot pass a law to make it all fair and nice in nature. So why do we think we can do that among ourselves?
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How ‘ghost corporations’ are funding the 2016 election

by Matea Gold and Anu Narayanswamy, Washington Post:

Two days before Christmas, a trust called DE First Holdings was quietly formed in Delaware, where corporations are required to reveal little about their workings. A day later, the entity dropped $1 million into a super PAC with ties to Jersey City, N.J., Mayor Steven Fulop, a Democrat considering a gubernatorial bid.
The trust, whose owner remains unknown, is part of a growing cadre of mystery outfits financing big-money super PACs. Many were formed just days or weeks before making six- or ­seven-figure contributions — an arrangement that election law experts say violates a long-standing federal ban on straw donors.
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Fed Employee Gets Measly $2K Fine For Stealing Secrets and Giving Them to Goldman Sachs

by Claire Bernish, Activist Post:

A former Fed employee received less than a slap on the wrist for sharing confidential documents from the Federal Reserve Bank of New York with a friend working for — wait for it — Goldman Sachs.
After pleading guilty to the misdemeanor charge of “theft of government property,” Jason Gross was ordered by U.S. Magistrate Judge Gabriel Gorenstein to pay a $2,000 fine and complete 200 hours of community service while on probation for one year. The disproportionate punishment “disappoint[ed] prosecutors who said his leaking of confidential documents to a friend at Goldman Sachs Group Inc … justified time behind bars,” noted Reuters.
If you ever required proof of the incestuous revolving door between government and the Big Banks, Gross’ measly sentence should suffice nicely.
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