4 Shot, 1 Killed After Black Gunman Fires At Passing Cars On Tennessee Highway, Targeting Police, Whites...

A man accused of shooting indiscriminately at passing cars and police on a Tennessee highway told investigators he was angry about police violence against African-Americans, authorities said Friday. Scott, who is black, was wounded in the shootout with police. One woman died and three others, including one police officer, were injured in the rampage All the people he shot were white, police confirmed.

If Senseless Violence Continues, America Will Be A Total Police State In No Time

While we don’t know who the police murderers in Dallas were, or their motivations; we do know one thing - their actions will unquestionably have several very counterproductive and dangerous outcomes.

Dallas Shooter, Army Vet Micah Johnson, "Wanted To Kill White People"

According to Dallas Police Chief David Brown, who said that during the exchange of gunfire with the suspect, he made the following announcement: "The suspect said he was upset about Black Lives Matter," said Brown, who is black. "He said he was upset about the recent police shootings. The suspect said he was upset at white people. The suspect stated that he wanted to kill white people, especially white officers."

"The Bernank" Meets With Kuroda And Abe To Unleash Helicopter Money...

from X22Report:

Weekend Reading: Central Banks Save The World

For now, Central Banks have seemingly accomplished the rescue of the entire global financial system by one again lofting asset prices higher. The problem, however, remains the underlying fundamental issues of weak earnings, slowing economic growth and a collapsing Chinese economy. There is a point, unknown to anyone currently, where the failure of monetary policy will occur.

Jobs Bounce Sends Stocks Soaring To Record High As Bond Yields Hit Record Lows

Hillary's Already Picking Out The New Rug For The Oval Office

Nothing to see here...

Goldeja-vu - How The Bear Ends

The 2011 – 2015 bear market compared to that of the 1970s is 'eerily similar' and although the fundamental backdrop of the 1970s was obviously different from today’s, there are actually many parallels applicable to the gold market...

Trader Asks: "Remember The All Time Highs After Bear's Subprime Funds Blew Up?"

One of the most enduring legacies of the financial crisis is the death of the credible notion that traders flock in and out of "safe havens." As Bloomberg's Richard Breslow notes, investors don't particularly care to seek safety. Why waste the effort when the central banks will be buying the dip if you don't.

Consumer Credit Jumps $19 Billion In May Thanks To New All Time Highs In Student And Auto Loans

The latest consumer credit report confirmed what we have now known for years: revolving credit remains stagnant at best, with just $2.3 billion in credit card debt added in May, a modest rebound from last month's $1.4 billion but certainly nowhere near pre-crisis monthly increase levels. Why not? Because US consumers once again found a way to "fungibly" convert non-revolving credit, namely auto and mostly student loans, into purchasing power.

The Bearish David Rosenberg Reemerges: "What If I Told You Employment Actually Declined 119,000 In June"

"When the Household survey is put on the same comparable footing as the payroll series (the payroll and population-concept adjusted number), employment fell 119,000 in June — again calling into question the veracity of the actual payroll report — and is down 517,000 through this span. The six-month trend has dipped below the zero-line and this has happened but two other times during this seven-year expansion."

Black Power Political Organization Takes Responsibilty For Murdering 5 Dallas Cops

"Sniper Assassins Take Down Five Police Officers! And More Will Be Assassinated In The Coming Days! Do You Like The Work Of Our Assassins?"

Saudi Strategy Working: OPEC Captures Largest Market Share Since 1975

OPEC has captured its largest share of the oil market since 1975, which could be seen as a vindication of the cartel’s strategy over the past two years. But it also creates vulnerabilities for the U.S. and others, who are once again increasingly dependent on the Middle East for oil.

Germany's New "No-Means-No" Rape Law

When it comes to immigration, political correctness often overrides the rule of law in Germany, where many migrants who commit sexual crimes are never brought to justice, and those who do stand trial receive lenient sentences from sympathetic judges. As Rainer Wendt, head of the German police union, exclaimed, "every police officer knows he has to meet a particular political expectation. It is better to keep quiet [about migrant crime] to avoid problems."

Goldman Hires Former EU President As Advisor

Having cornered the central banker market, with its alumni manning key positions at most central banks, Goldman has decided to tip its cards into its next zone of interest: geopolitics, and has done so by hiring none other than the former head of the European Commission, Jean-Claude Juncker's predecessor and one-time Nigel Farage nemesis, Jose Manuel Barroso as an advisor and non-executive chairman of its international business.

S&P Back To All Time Highs After 17 Consecutive Weeks Of Mutual Fund Outflows

The biggest fund flow surprise was in the space of equity funds. According to Lipper stock funds - including both mutual and ETF funds - posted yet another week of outflows totaling $1.4 billion. The optimism of exchange-traded fund investors that the Brexit vote might not derail stocks was nonetheless overwhelmed by a long-running trend of withdrawals from stock mutual funds. And while stock ETFs took in $4.6 billion in the latest week ended Wednesday, U.S.-based stock funds posted $6.1 billion in outflows in the latest week, their 17th week of cash withdrawals, according to Lipper data.

Krushing Krugman? Lacy Hunt On The Negative Multiplier Of Government Debt

The trap is listening to Keynesian economists like Krugman because doing so only digs deeper and deeper debt holes. The real solution is a writedown of unproductive debt, not increased fiscal stimulus. Instead central banks attempt to cram more and more debt into a system clearly overloaded with debt.

Suspect Caught After Shooting St.Louis Cop In The Neck - Live Feed

Update: FOX2NOW reports the suspect is in custody.
Just minutes after Loretta Lynch urged "actions" with regard the divisions in America, FOX2NOW reports a manhunt underway for the shooter of a police officer in West St. Louis County. The officer was wounded three times in the neck after a routin traffic stop for speeding by an African-American male. His condition is unknown for now...

Maine's Advocate For $12 Minimum Wage Tried To Hire People For $10

“I think it’s consistent with the ‘Do as I say, not as I do’ attitude of those who support increasing the minimum wage... Now it seems like they are adjusting the wage as they go after being called out."

Rule by Ponzi

from Rogue Money:
Earlier this week, UKIP London member Gerard Batten sat cross-armed at the European Parliament and began his justified spitting at George Soros across the room. To achieve even greater dramatic effect, he ripped off his headphones and locked eyes with the wrinkled old reptile and uttered these words:
“You say Brexit will result in a financial crisis. Yes, we can expect one to be deliberately engineered by the crooks at Goldman Sachs and various other financial institutions because I predicted that long before the vote. There is a real crisis looming, however, that has nothing to do with Brexit. There is a financial crisis that is coming anyway. And that is because the Eurozone and most of the public finances of European countries are nothing but gigantic Ponzi schemes which are heading for a crash…. And by the way, however big this crisis is, I’d be surprised if you didn’t make some money out of it as you usually do!”
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Can You Imagine The Fed Raising Interest Rates In This World? Europe In Chaos Edition

by John Rubino, Dollar Collapse:
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece of reporting from early April:
WSJ Survey: Most Economists Expect Next Fed Rate Increase in June
Most private forecasters surveyed expect the Federal Reserve will leave short-term interest rates unchanged at its April policy meeting, and next raise them in June.
Nearly 75% of business and academic economists polled by The Wall Street Journal in recent days said the Fed would next raise its benchmark federal-funds rate at its June 14-15 policy meeting, down slightly from 76% in the Journal’s March survey.
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Top 6 Medical Scandals the U.S. Government Hopes you Either Already Forgot or Never Even Knew About in the First Place

by S. D. Wells, Natural News:
Oh, short term memory loss – a major problem for so many Americans that it’s absolutely and positively pathetic, and what’s worse, it’s not even their fault. Horror stories are memory-holed by the government. Major scandals are simply blacked out by the mass media. The harshest lessons though, are simply forgotten by the masses, who eat and drink and are prescribed so many chemicals that they can’t even think straight on a day-to-day basis, much less remember the atrocities committed by their government and the rogue medical industry, that can simply re-inflict the same damage over and over and over again, after waiting just a few years for everyone to forget that it already happened.
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Massive One-Day Record Surge Of Mainstream Gold Investment Demand

by Steve St. Angelo, SRSRocco Report:
The spike in the gold price during the holiday weekend triggered a record ONE-DAY surge in mainstream investor gold demand. Investors in the West watched over the fourth of July holiday weekend as the gold price continued higher on early morning trading on Monday. By the time gold opened on Tuesday, the price was already $15 higher.
Mainstream investors who thought the gold price may come under pressure at Tuesday’s market open, were caught by surprise as the yellow metal continued to rally even higher. This caused a massive one-day surge in mainstream investor Gold ETF’s and Fund demand. How much gold flooded into Gold ETF’s and Funds on July 5th? Take a look at the chart below:
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The ‘Most Important Jobs Report Ever’ Permanently Destroys BLS Credibility

by Andy Hoffman, Miles Franklin:
It’s Friday, just after publication of the June NFP jobs report, and I’m going to write today’s article in real-time – as following publication of the “most important jobs report ever,” a title I write with violently dripping sarcasm, the data, financial markets, and media spin are rapidly evolving. To wit, the start of the day may have gone according to the powers that be’s plan; but who knows, in today’s environment of, putting it mildly, “exceptional circumstances,” how it will end?
The NFP, or non-farm payrolls employment report, published by the Bureau of Labor Services, or BLS, has been the government’s top propaganda statistic for as long as I can remember; but particularly since the 2008 crisis, as it’s “improvement” has been used to validate the insane fiscal and monetary policies utilized to kick the can this far. Or, more broadly, since the turn of the century, when the exodus of high-paying manufacturing jobs to points overseas commenced.
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Voters Have Heavy Responsibility In November

by Paul Craig Roberts, Paul Craig Roberts:
t seems like a nightmare, but it is reality: The Democratic Party has chosen a criminal as its presidential candidate. And the liberals said that Reagan wore teflon!
Enough commentators have made the point that Hillary has been elevated above the law even before she is POTUS. The One Percent know how to protect its servants.
As Obama and Hillary demonstrate, the Democratic Party, formerly a defender of the common man, now competes with the Republican Party as an agent of the One Percent. Jimmy Carter was the last Democrat, and Ronald Reagan the last Republican, whose concerns encompassed ordinary folks.
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