Noam Chomsky On The Breakdown Of American Society & A World In Transition

The US is facing uncertain times. While it remains the only global superpower, it is no longer able to influence events and outcomes to its liking, at least not for the most part. Frustration and worry about the risk of upcoming disasters seem to far outweigh US voters' hopes for a more rational and just world order. Meanwhile, Noam Chomsky argues, the rise and popularity of Donald Trump is occurring due to the fact that US society is breaking down. In this exclusive interview with Truthout, Noam Chomsky addresses contemporary developments in both the United States and around the world and challenges prevailing views about class warfare, neoliberalism as the outcome of economic laws, the role of the US as a global power, the status of emerging economies and the power of the Israel Lobby.

Russia Warns US Against Striking Assad

Any attempt to topple Assad's government "wouldn't help a successful fight against terrorism and could plunge the region into total chaos... fueling turmoil across the entire region... and who would bear responsibility for that? Or shall we see the same Hollywood-style smile as it happened already in Afghanistan, Iraq and Libya?"

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...

Making 'The Unthinkable' The New Reality - Hogs To Slaughter

America is a third world country, it’s just not ready to accept that reality yet. Politically it is thoroughly corrupted, economically it is too deeply indebted to ever extricate itself, morally it is without direction, rudderless in dangerous seas and heading for the rocks.

Huge Scandal Erupts Inside NATO: Alliance Member Germany Slams NATO "Warmongering" Against Russia

Suddenly everything is imploding for NATO when none other than the Foreign Minister of NATO member Germany, Frank-Walter Steinmeier, criticized NATO for having a bellicose policy towards Russia, describing it as "warmongering", the German daily Bild reported. And just like that, the entire fictional narrative of "innocent" NATO merely reacting to evil Russian provocations has gone up in flames.

So You Didn't Get Rich...

Waa! It’s not fair! We baby boomers were told that if we worked hard and saved, we could spend the last quarter of our lives living comfortably and free from financial worries. Our parents told us. Our employers told us. Even the government told us. But now that we are reaching retirement age, the promise is beginning to feel like a fraud.

Is Another Financial Crisis Coming: This Chart May Have The Answer

There is one chart that shows that underneath the placid surface of the S&P not all is well. The chart is the following, and demonstrates the substantial recent selloff in US bank stocks, which have been a near-flawless 'canary in the coalmine' ahead of major market inflection points, and which have successfully predicted most major crashes inthe past several decades.

"Hack The Pentagon" Program Unveils Hundreds Of Security Gaps

Perhaps in light of the fact that hackers were recently able to steal $81 million from the account of the Bangladesh central bank held at the New York Fed, or as a result of the Fed admitting several data breaches over the past few years, the Pentagon decided to finally get around to testing the security of its network...The results were rather embarrassing.

How To Trade Brexit

on "Brexit": long gold, short peripheral debt versus bunds, long EUR vol vs GBP, short volatility/long risk once sterling troughs.
on "Bremain": long DM equities for the bearish positioning unwind and short volatility immediately; short Spanish & Italian bonds vs. gilts.

A Wake Up Call For International Stocks

Perpetually under-performing international equity markets are testing critical support... Consider this their wake up call.

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

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

"Renormalization" Is Dead: The Market Is Pricing Just One Rate Hike Over Next 3 Years

Rates shock: market now pricing only one Fed hike over next 3 years. As bond yields in Europe and Japan hit new historical lows this week, the US 10y yield fell to a 4-year low, just 20bps above its 2012 historical lows. This followed a weak payrolls report, Brexit uncertainty, the beginning of the ECB’s corporate bond buying program and a very dovish June FOMC meeting which significantly cut rate forecasts in the out years.

The Shockingly Corrupt Oakland Police Department Destroyed In 16 Tweets

While the mainstream media attacked Donald Trump over his comments regarding Oakland, it appears the second most dangerous city in America is making headlines for even worse reasons. Confirming every stereotype of corrupt officialdom and the "above the law" mantra of today's American cop, Oakland police department has been buried with bombshells in the last week. As summed up perfectly in these 16 tweets, Oakland cops and their "toxic, macho culture" are accused of everything from racist texts to child trafficking, and from murder cover-ups to under-age sex...

"You Are Living Through The Dumbest Monetary Experimental Endgame In History..."

We are actually living through the end-game of the greatest Keynesian monetary experiment as we type. It was one hell of a party while it lasted, but the hangover is now over us.

Strength of Gold Affirmed by Mainstream Media, Not Dependent on Brexit

from The Daily Bell:
Gold price hit another high this week – how can you invest? – The Week
Gold didn’t just have a good week, it’s having a good year.
Gold prices have moved up significantly since May 2014 and gained even more momentum since the beginning of 2016. Gold is the best performing major asset class this year.
A spate of positive articles in the mainstream media regarding the progress of both gold and silver contribute to a sense of building momentum. The regular negative, mainstream coverage that gold and silver receive is lessening.
Read More

Silver to the Moon After FED Fails to Raise Rates – Chris Marchese

from CrushTheStreet:

Lesbian Couple Talks Forcing Their Son Into ‘Queer’ Relationships

“I’m constantly, like, trying to queer my relationship with him”
by Paul Bois | Truth Revolt, via Infowars:
A recent Buzzfeed video features a lesbian “gender non-conforming” couple speaking about how they force their son into “queer” relationships with his own gender.
The couple, Dashiell and Michelle, have no problem pushing a certain sexuality onto their son despite his young age.
“It’s really funny, because he’s, like, super into sports,” Michelle said. “Maybe he was, like, an Olympic athlete in his past life. He, like, came with all of these sporting talents that are, like, visible at 17 months. That’s what Dashiell liked growing up. She easily relates to him on that level.”
Read More

Emergency Staff at Orlando Regional Medical Center Being FORCED to Sign Non-Disclosure Agreements

from SuperStation95:
In a strange twist to the mass-murder at the Pulse Nightclub in Orlando, FL last weekend, SuperStation95 has learned that Emergency Room staff are being coerced by federal agents into signing a Non-Disclosure Agreement for all aspects of the Pulse Nightclub Shooting incident. Anyone who refuses is allegedly walked right out the door by federal agents!
What are they hiding?
The HIPAA law already protects patient privacy, so staff are already forbidden to discuss patient injuries or treatment. What else could be going on in that hospital, connected to this incident, that the feds want to keep secret?
Too bad for the government that the harder they try to conceal the facts, the MORE INFORMATION flows to us in the media! Like the photo above; and a lot (really a LOT) more!
Read More

NATO Says It Will Attack Russia For Any Hack Attacks

from The Alex Jones Channel:

Sanders Supporters Vindicated: Proof DNC Used Media To Rig Election for Hillary

from ZeroHedge:
While Bernie Sanders’ supporters and independent media outlets have exhaustively pointed out that corporate media’s fatuous prattling over Hillary Clinton likely tipped the elections in her favor, we now have solid proof — leaked emails show the DNC colluded with mainstream outlets to heavily favor Clinton.
“Our goals in the coming months will be to frame the Republican field and the eventual nominee early and to provide a contrast between the GOP field and HRC,” reads an email dated May 26, 2015, referencing the former secretary of state by her initials, posted by “Guccifer 2.0” — after the Romanian hacker who allegedly accessed Clinton’s private email server multiple times.
One of the strategies listed for “positioning and public messaging” states, “Use specific hits to muddy the waters around ethics, transparency and campaign finance attacks on HRC.”
Read More

Philosophy Of The New World Order

by James Hall, The Sleuth Journal:
The phrase, New World Order, just does not seem comprehensive enough to explain the circumstances that mankind is living under. The German expression, “weltanschauung” referred to as a philosophical view or apprehension of the universe is often used to ponder the human condition. Individual beliefs and understanding of the very nature of mankind was once seen in the convention of the Greek school of thought reflected in the teaching of Plato and Aristotle. Western Civilization essentially is based upon these principles and the cosmology of our heritage is involved and inseparable with an understanding of our spiritual dimension.
No honorable person can deny that the legacy of our history and common ancestry is a virtual oblivion of all that has proceeded. The transformation of culture and the adoption of social relative customs has been one of the fundamental consequences of rejecting the time-honored outlook on life. In its place, the idiom Nefarious Warrior Organism has been introduced in previous essays.
Read More

Jim Rogers – Libertarian Party is the Future, US Will Not Be Able to Restructure Debt

from JBurdman7:

Economic collapse will bring about political change in favor of the Libertarian Party. The US budget will not be balanced.[US debt will not be restructured.] “What is going to happen is that the US will print a lot of money and the US dollar will become a lot less valuable.” “People with pensions, especially government pensions, will find out that things are seriously wrong.” IRAs and 401Ks will be confiscated and replaced with government bonds. A catastrophe is coming but consider that in Chinese the word for crisis is related to the word for opportunity. So be ready. Be prepared. Things will be horrible, but look for wēi jī. Opportunity in crisis. Recorded at the 2016 Libertarian Party Convention, Rosen Centre Hotel and Resort, Orlando, FL, May 27, 2016.

How the Government Hides Inflation, as Housing Costs Soar

by Wolf Richter, Wolf Street:
Renters Squeezed by the Fed’s “Wealth Effect”
For inflation lovers, the headline numbers that the Bureau of Labor Statistics reported today was benign: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in May, seasonally adjusted. Over the last 12 months, not seasonally adjusted, the index rose 1.0%.
The Atlanta Fed’s “sticky-price” CPI – “a weighted basket of items that change price relatively slowly,” as it says – wasn’t quite that benign. It rose 2.6% for the 12-month period, the hottest increase since April 2009!
Read More

The Economy Continues To Deteriorate As The Real Estate Bubble Pops – Episode 1000a

from X22Report:

Bank of Greece admits austerity is not good for the population and does not work. Single family home permits decline. The housing bubble just popped, San Francisco prices decline dramatically. Baltic Dry Index declines again 11 points.The Fed is actually taxing us without representation, we never elected the Fed. The stock markets around the world are now crashing. BREXIT campaigns are now suspended for a second day and the referendum might be postponed. IMF warns of political risk to the EU. Food riots break out in Venezuela.

Malnutrition, Starvation Strike Venezuelan Children; Doctors Stealing Hospital Food to Feed Families as Government Collapse Accelerates

by L.J. Devon, Natural News:
Since 2000, the government of Venezuela has adopted new social programs in an attempt to provide food, housing, and education to everyone in the country. These social programs, dubbed the Bolivarian missions, attempted to provide free things for everyone, to help the poor and bring equality to all.
While the words of the mission sounded great, the central economic planning and redistribution tactics to achieve the goals are actually destroying the country today, plunging people into deeper poverty, rationing, mass starvation, and death.
In 2000, Venezuela adopted the United Nation’s Millenial Development Goals in an attempt to solve complex “inequality” problems. The government adopted the mindset of democratic socialism, promising free stuff, social justice, and social welfare. As Chavez’s rose to power, his supporters called the plans “citizen- and worker-managed governance.”
Read More

Artist's Impression Of The Opening Ceremony At The Rio Olympics

Presented with no comment...

/