Tuesday, March 22, 2016

Trump Learns Of Naked Melania Photo Used In Attack Ad, Threatens To "Spill Beans" On Heidi Cruz



"Lyin' Ted Cruz just used a picture of Melania from a G.Q. shoot in his ad. Be careful, Lyin' Ted, or I will spill the beans on your wife!"





"Western Tuesday" Results: Trump, Clinton Win Arizona; Cruz Needs Utah





Fascism, American Style

If Donald Trump is a fascist - as nearly half of Americans surveyed believe - then so is every other politician in office or running for office in America who has ever prioritized money and power over human beings. Consent of the governed, however, no longer applies. Actual control has finally passed to the oligarchic elite controlling the government behind the scenes.


Bank Of Japan Unleashes Yield Curve Chaos: JGBs Inverted At Short- And Long-End

You know you have 'tinkered' too much in the machincations of what dealers now call a "dead market" when the world's largest sovereign bond market is inverted at the short-end and the long-end. Simply put, bond investors reluctance to sell their holdings - amid negative-er and negative-er yields - means The BoJ runs the risk of being unable to meet its buying operations this week.
  






Nail Bomb, Chemicals, ISIS Flag Found As Manhunt Underway For Brussels Bombing Suspect



Just days after the manhunt for Salah Abdeslam ended with the Paris fugitive’s capture in the Muslim enclave of Molenbeek, another frantic search is underway in Belgium. This time police are looking for an as yet unidentified man wearing a white collared shirt and dark bucket hat who was captured on camera pushing a luggage trolley through the Brussels airport today alongside the two men who are suspected of having blown themselves up as part of the coordinated terrorist attacks that rocked the city on Tuesday morning.



Mystery Man Behind $100 Million Central Bank Heist Revealed As Bangladesh Moves To Sue Fed

The incredible story behind the cyber heist that resulted in an $81 million loss for the central bank of Bangladesh continues to get more intriguing. Bangladesh is looking to sue the NY Fed for lapses in protocol, while Philippine officials race to untangle a complex web of bad actors and shady go-betweens that looks like it may lead back to one Kim Wong, who 15 years ago was accused of connecting then-Senator Panfilo Lacson to drug lords. Meanwhile, a cyber security expert who spoke to the police and the media was kidnapped from a motorized rickshaw by men in plainclothes who blindfolded him, threw him in a vehicle, and drove away.
 


"We Ain't Seen Nothing Yet," Dutch Party Leader Rages: "We Need To De-Islamize The West"

"This is amazing to me that these people can kill people abroad, come here, and then walk free in the centre of Brussels.... This is intolerable. Open borders are a huge safety risk. Our citizens are in mortal danger if we do not restore control over our own national borders.  The cause of all this bloodshed is Islam. We need to de-Islamize the West. That is the only way to safeguard our lives and protect our freedom”.



It's Official: Canadian Bank Depositors Are Now At Risk Of Bail-Ins

"To protect Canadian taxpayers in the unlikely event of a large bank failure, the Government is proposing to implement a bail-in regime that would reinforce that bank shareholders and creditors are responsible for the bank’s risks—not taxpayers. This would allow authorities to convert eligible long-term debt of a failing systemically important bank into common shares to recapitalize the bank and allow it to remain open and operating."



Greek Border Desperation: 2 Refugees Self-Immolate Over 'Concentration Camp' Conditions

Just days after Greek Interior Minister Panagiotis Kouroumplis compared the nation's refugee camps to WW2 concentration camps, saying "I wouldn’t hesitate to say that this is a modern Dachau," KeepTalkingGreece reports two men poured gasoline on their clothes and set them on fire on Tuesday morning to protest the appalling conditions at Idomeni camp and the closure of the borders.




Just 3 Charts

Earlier today Fed President Evans said this "I think the economic fundamentals [of the US] are really quite good." As the following three charts show, there is only one thing that looks "quite good" and it is not 'economic fundamentals'...




Rubio's Failure: How Our Broken Economy Fuels Voter Rage

Rubio post-mortems miss the point. In the end, it is just more fall-out from crony capitalism.




This Could Be A Problem: Losses On "Deep" Subprime Auto Double Industry Average

While Citi and others are quick to point out that the originate to sell model isn’t prevalent in the auto loan industry, the inability for lenders to securitize subprime loans may well put the brakes on US auto sales. After all, the pool of creditworthy borrowers is finite. That means that at a certain point, incremental sales must be engineered by making ineligible borrowers eligible by resorting to looser underwriting. If there's no ABS demand for paper backed by loans to subprime borrowers, lenders will stop lending and at that point, you can kiss the US auto sales "miracle" goodbye.




"Free" Trade, Jobs, & Income Inequality: It's Not As Easy As We Might Think

Slapping fees on imports (which by the way is illegal in treaties such as the WTO) will not solve the larger problems of reduced employment, stagnant wages and rising income inequality. To make a dent in those issues, we'll need to tackle central bank and central-state policies that have pushed finance and speculative churn to supremacy over the productive economy.




After Watching Baseball Game In Cuba, Obama Orders U.S. Flags At Half-Staff "Out Of Respect" For Brussels Victims

"As a mark of respect for the victims of the senseless acts of violence perpetrated on March 22, 2016, in Brussels,Belgium, by the authority vested in me as President of the United States by the Constitution and the laws of the United States of America, I hereby order that the flag of the United States shall be flown at half-staff at the White House and upon all public buildings and grounds"




Former Goldman Employee Avoids Prison, Gets $5,000 Fine For Stealing Secret NY Fed Documents

According to his "sentencing" moments ago, former NY Fed and Goldman Sachs employee, Rohit Bansal avoided prison time for criminal theft of NY Fed secrets, and instead was sentenced to two years’ probation after pleading guilty to a misdemeanor. U.S. District Judge Gabriel Gorenstein at a sentencing hearing in Manhattan also ordered Bansal to perform 300 hours of community service and pay a $5,000 fine.




Anti-Trump Protestors Behead Effigy Of The Donald As Radical Left Anger Builds

This just happened in one of the most conservative states in America...




Insecure? It's Simple

Never waste a crisis! Overheard on mainstream business media this morning: "We should be increasing [spending on miliatarization] because this [Belgium terror attack] could be a threat to us." The reason for such hawkish-ness... that's simple!


57 Pesticides Named as Cause for Bee Deaths in Europe

Will pollinating bees soon be extinct?
by Christina Sarich, Natural Society:
More than 1000 pesticides are used in the US, and who knows how many of these have contributed to colony collapse disorder, the strange and sudden death of one of our most important pollinating species – bees. In a new study released by researchers in Poland, 57 specific pesticides have been named for poisoning bees.
The study published in the Journal of Chromatography by researchers from Poland’s National Veterinary Institute utilized a new test that allowed them to analyze exactly which of the 200 pesticides licensed for use in the EU were contributing to honeybee deaths.
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Remembering Obama’s “Shock And Awe” Bombing Of Libya And How The “Antiwar” Movement Blew It

by Philip C. Restino, Jr., Activist Post:

March 19th marked the 5th anniversary of the first African-American President unilaterally, and without provocation, ordering the U.S. “Shock and Awe” bombing the crap out of his African brothers and sisters in the sovereign North African nation of Libya. Not only that, he did so without even bothering to go to Congress and at least lie to them like his predecessor President George W. Bush did with his own “Shock and Awe” bombing of Iraq 8 years earlier. Just a few days after the bombing of Libya I spoke about it with Joyce Riley, host of the popular nationally syndicated radio show The Power Hour.
Read More…

NATO’s RAGE: Trump Questions America’s Role in ‘Nation-Building’ – Talks of Restoring Russian Ties

by Shawn Helton, 21st Century Wire:
GOP presidential frontrunner Donald Trump unveiled his noninterventionist platform to The Washington Post‘s editorial board and in the process – questioned America’s relationship with the North Atlantic Treaty Organization…
‘NO TO NATO?’ – Trump and Washington Post Publisher Fred Ryan, after a meeting with the news agency’s editorial board this past Monday. (Photo link WashingtonPost)
In a recent Washington Post article entitled Trump questions need for NATO, outlines noninterventionist foreign policy,” Donald Trump outlined America’s need for a ‘light foot-print’ in the world and that the nation should focus rebuilding at home. Here’s a passage from thePost where the Manhattan based businessman explained his foreign policy position on NATO:
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Our survey said

from Sovereign Man:

“It is because the public are a mass – inert, obtuse and passive – that they need to be shaken up from time to time so that we can tell from their bear-like grunts where they are – and also where they stand. They are pretty harmless, in spite of their numbers, because they are fighting against intelligence.”
– Alfred Jarry, ‘La Revue Blanche’, 1897.

What – if anything – can we conclude from the latest Bank of America Merrill Lynch Global Fund Manager Survey ? The survey was conducted between March 4th and March 10th among 209 panellists managing an aggregate $591 billion in assets. Most types of investment life forms participated, including pension funds, insurers, hedge funds and mutual funds. (Somewhat disconcertingly, the single largest cohort of investment managers described their investment time horizon as “3 months or less”. That sounds less like disciplined fund management and more like speculative trading.)
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Trump’s Republican Turnout Boost Extends to Battleground States

If Trump wins his party’s nomination, white, working-class voters could help him in key general election states like Ohio, Pennsylvania, Wisconsin, Michigan and Iowa
by John McCormick, Bloomberg:
Donald Trump is helping increase Republican turnout virtually everywhere he competes, including in traditional battleground states he’d need to win to become president.
The real estate mogul routinely brags about booming participation in primaries and caucuses as evidence he’s bringing new voters to the party. His opponents dismiss that explanation, saying the big field of candidates and resulting media attention have been the main propellants.
While no single cause can completely explain the trend, the result is inarguable. A Bloomberg Politics analysis of county-level data shows voter participation has more than doubled in many areas—including in portions of swing states Ohio, Florida, Iowa, New Hampshire and Nevada—compared with similarly timed, competitive contests in 2012.
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Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

by Michael Snyder, End of the American Dream:

We just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percentduring the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in the early stages of a new crisis that is eerily reminiscent of what happened back in 2008.  The truth is that most U.S. consumers are tapped out, and when you are tapped out it is really hard to get a mortgage.  Banks aren’t really fond of lending money to people that can’t pay it back, and in recent years housing prices in many areas have risen to levels that are beyond the reach of most middle class families.
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