Jeff Gundlach: "Things Are Going To Get Pretty Scary"

"People aren't getting along, they're not happy because of technology taking jobs, and sort of this long, slow grind of a new economy... Things are going to get pretty scary."

"Something is Going On" – And It's Worse Than You Thought

Trump is right about Orlando, but not in the way you think...

First Brexit Poll After Jo Cox Death Reveals Stunning Result

The sad death of pro-EU British MP Jo Cox prompted a buying spree in Sterling that carried on through today as hope sprung eternal that her assassination would lead to either a delayed vote or sympathetic pro-EU "Remain" swing. JPMorgan hinted before the close that was not the case and now, as USA Today reports, the first post-Cox poll reveals a shocking swing in "Remain" voters...

Brexit: Britain’s Last Chance For Freedom – Mike Maloney (Part 4)

from Mike Maloney:

The elites are scared. The EU is desperately trying to retain control over the UK. But all throughout history, everywhere you look, top-down rule and regulation just does not work. And when you over apply it, it chokes off prosperity. But on Thursday, June 23, Britain can escape stifling regulation and take back control of its economy. In this video, Mike makes one final appeal to the British people vote leave.

"F*ck Off Fascist" - One Man's Epic Response To The Mass. AG Over Subpoena On Climate Change

Hong Kong Bookseller Who Was 'Disappeared' By Chinese Authorities Tells Of What Happened

It's no secret that the Chinese government is quite comfortable 'disappearing' people that are causing a problem for the communist regime. However, the latest case of a disappearance (that we're aware of) is most interesting. Beginning late last year, five booksellers from the shop Causeway Bay Books in Hong Kong went missing, and all of them later surfaced in China in police custody for illegally trading banned books in mainland China... Now one of the booksellers is telling his story: "I couldn't call my family. I could only look up to the sky, all alone.", "they wanted to lock you up until you go mad"

filed under "White Trash"...

Elizabeth Warren’s War On The Poor

We should not quarrel with Senator Warren’s stated goal of protecting the least powerful in society, but we should take issue with many of Senator Warren’s proposed strategies to achieve her stated goal - because they don’t work.

US Citizen Kills Himself In Taiwan Courtroom After Being Convicted Of Drug Possession

A US citizen killed himself in courtroom in Taiwan on Thursday after being given a four year prison sentence for being convicted of growing marijuana and opium at his home in Changhua, in central Taiwan. 41 year old Tyrel Martin Marhanka replied "four years?", became agitated and yelled "I don't want to live anymore", before removing two 21cm scissor blades and stabbing himself on both sides of the neck, severing the arteries.

Japan: A Future Of Stagnation

Take a declining population with declining rates of productivity growth and load it up with debt, and you get a triple-whammy recipe for permanent stagnation. There are Degrowth strategies that make sense because they're designed to be sustainable, but first the systems that have been designed to fail - Keynesian stimulus policies and the banking system - must be allowed to fail.

Living 'The American Dream' In These Cities Is Not Possible

"The American Dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement." But that foundation has cracked. It’s one thing to fantasize about living the American Dream from regions outside the United States. It’s another to be already living in America and to not be able to attain it. And while the American Dream ensures that no one is legally barred from reaching their full potential, it doesn’t prevent individuals from being held back in other ways.

Rio Declares State Of "Public Calamity", Warns Of Total Collapse In Security, Health And Transport

Just 49 days before the start of the Olympics, the Rio state government declared a state of "public calamity" (yes, that's the technical term) warning of a risk of total collapse in public security, health, transport and virtually everything else, because as the local government explained, the financial crisis is preventing it from fulfilling its requirements for the Games.

filed under... Idiots who build cities in the middle of the fricken desert...

Las Vegas Going Dry? Largest Reservoir In America Reaches Record Low

Orlando Killer's Father "Knew Obama"? Schmoozed In Washington, Sought Afghan Presidency

How close was presumed killer Omar Mateen to the bizarre world of Washington politics? Close enough to raise your hackles about what is really going on.

Frustrated Illinois Taxpayers Pay Property Tax With $1 Bills

Jeff McGrath has been fed up about his property taxes going up for years in McHenry County, Illinois. However when McGrath was told that taxes would go up another 26% this year and nobody could provide any explanation for it, he had enough, and decided that a statement needed to be made.

Here Is Why Barclays Sees An Elevated Risk Of Recession Within 12 Months

Even when the energy sector gets excluded from Barclays forward-looking employment growth estimates, if labor is the indicator used to determine when the US will enter a recession, look for a recession to hit in mid-2017. Then again, maybe May's jobs number will be magically revised up to the average, and NIRP will start generating real economic demand, and all will be right in the world - we'll go with the former.

New York State Senator Introduces Unconstitutional, Anti-Free-Speech Legislation

It seems everywhere you turn, U.S. politicians at all levels of government are incessantly scheming to figure out ways to further erode the civil liberties of the American public...

As Fed Struggles With Rates in a Failing Economy, Junior Miners and Bitcoin Bloom

from The Daily Bell:
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. The central bank’s decision to stick with its 2016 rate path, however, appeared shakier, with six of its 17 policymakers projecting just one increase this year. -Reuters
We remember late last year that the Fed was confident of raising rates four times in a row. Now at some point in 2016 there may be another tiny hike of 25 basis points But perhaps not.
Many in the alternative media knew better than Janet Yellen, who kept suggesting that the US economy was improving.
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Pesticide Industry Lobbied to Push Profits Instead of Protect Bees

from Underground Reporter:
Despite the abundance of scientific studies documenting the rapid and dangerous decline of pollinator populations, state and federal lawmakers have yet to pass any meaningful protections for bees.
The reason, according to the findings of a new investigation, is that pesticide giants such as Bayer, Monsanto, and Syngenta have deployed an aggressive lobbying campaign to dilute and suppress attempts to regulate their multi-billion dollar industry—with great success.
Published by environmental watchdog Friends of the Earth, the report (pdf) exposes “how the pesticide industry has weakened and delayed pesticide reforms and is shaping new pollinator ‘protection’ plans nationwide that do little to protect bees, but a lot to protect industry profits.”
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Sheriff Clarke: Media Talk ‘Gun Control’ To Distract From Fact That ‘Obama Cannot Keep Us Safe’

by Michael W. Chapman, CNSnews:
Commenting on the push by the Obama administration, many Democrats, and the liberal media for more gun control in the wake of the radical Islamic terrorist attack in Orlando, Fla., Milwaukee County Sheriff David A. Clarke Jr. warned people to not take the bait because the “gun contol” talk is designed to distract attention away from the fact that President Barack Obama is “an abject failure” against terrorism in the United States, and he “cannot keep us safe.”
“Sean, don’t take the cheese,” said Sheriff Clarke on the June 15 edition of Hannity.  “Um, we’re taking the cheese. This is a trap. The Democrats know this. They throw the NRA up as a straw man. They throw gun control as a straw man when these terrorist incidents happen.”
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“There’s a Very Strong Feeling Here That the Elites Have Run the Country for Their Own Benefit.”

from Investment Watch Blog:


@Varneyco: “There’s a very strong feeling here that the elites have run the country for their own benefit.”
Read More @ InvestmentWatchBlog.com

Feds Quietly Consider Reviving EPA’s Human Testing Program

by Michael Bastashe, The Daily Caller:

The National Academies of Sciences (NAS) met five times behind closed doors this past year to discuss the possibility of reviving Environmental Protection Agency (EPA) experiments exposing humans to harmful air pollutants.
NAS is examining the findings of a 2014 EPA inspector general reporting, which found the agency had exposed human test subjects to ostensibly deadly air pollutants without disclosing the risk of death or the total amounts of pollutants subjects would have to inhale.
But the lack of public participation in the study has Steve Milloy worried EPA could be trying to revive its “potentially illegal” testing regime, which has exposed children, asthmatics and people with heart disease to concentrated doses of pollutants.
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The Disaster of De-industrialization

by Charles Hugh Smith, Of Two Minds:
Once a nation no longer produce essential goods and services, it becomes vulnerable to collapse.
By now, we all know what’s happening in Venezuela: hyperinflation, empty stores, a regime in denial. The Trajectory of Venezuelan Hyperinflation Looks Frighteningly Familiar… (Zero Hedge)
My contacts in Venezuela tell me that merely posting the black market exchange rate of bolivars to USD can get you arrested. So yes, Venezuela’s regime has gone full Orwell-1984: whatever is true is outlawed.
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BREXIT + TRUMP = GOLD!

from TruthNeverTold:

Court Rules Cops Don’t Need to Know the Laws they Enforce — THEIR Ignorance Can Be Used Against YOU

by Claire Bernish, Free Thought Project:
Police are no longer be required to even give the appearance of an understanding of the laws they’re tasked with enforcing, thanks to a recent court decision surpassing even the veritable green light previously granted in Heien v. North Carolina.
In the Heien case, the Supreme Court ruled a “police officer’s reasonable mistake of law gives rise to reasonable suspicion that justifies a traffic stop under the Fourth Amendment.” A motorist’s broken tail light caused an officer to make a traffic stop — during which evidence of a separate violation of the law was discovered in the vehicle.
But in North Carolina, a broken tail light wasn’t illegal, thus not sufficient cause to justify the stop — nor the arrests stemming from it, lawyers argued, because that would be a violation of unreasonable searches and seizures.
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FOMC Meetings Are Irrelevant

by Jeff Nielson, Bullion Bulls Canada:
For more than 7 ½ years, the Federal Reserve has been promising to normalize U.S. interest rates. That was the initial promise, back at the end of 2008. Most people in the Western world have forgotten what “normal” means with respect to interest rates, after the past 7 ½ years of monetary insanity.
In general terms, normal interest rates mean rates in the range of 3 – 5%. However, given the extreme levels of indebtedness across the Western world, and the elevated level of “risk” associated with such obvious insolvency, a “normal” interest rate for these regimes would be more in line with a rate of 6 – 7%, if not higher. The financial joke here is that if any of the Western world’s Deadbeat Debtors did raise their interest rate to a rational level of 6 – 7%, that regime would be quickly bankrupted by (at least) a quadrupling of interest payments, on their gargantuan debt.
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AR-15’S FLYING OFF SHELVES… Sales Surge Among Gays, Lesbians…

from Patriot Rising:
Since the Orlando nightclub shooting on Sunday, gun sales have rapidly increased throughout the United States.
Adventure Outdoors Owner Jay Wallace told Fox Business Network’s Stuart Varney that sales of AR-15s and other firearms have “really kicked up” since Sunday.
AR-15’s may look like military rifles but they are actually semi-automatic guns, which means they can only fire one round with each pull of the trigger. By contrast, military-style guns have the ability to fire multiple rounds with one pull of the trigger. The ‘AR’ in AR-15 actually stands for ArmaLite rifle, named after the company that developed it and does not stand for “assault rifle,” according to the National Shooting Sports Foundation.
Wallace claimed that he has sold more than 15 AR-15’s per hour and may know the reasons as to why there is such a rise in sales.
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