Monday, July 25, 2016

Kaine Implies Hillary Should Be Prosecuted For Mishandling Classified Information

“I can’t take classified information I get as a senator and give it to somebody with no consequence. Freedom of speech has reasonable limits.”

DNC Day 1: Debbie Doesn't Do Philly But Bernie Meets Michelle - Live Feed

After the turmoil of last week's RNC, this week' Democratic Nation Convention is off to an even more chaotic start (no matter what the surrogates desperately try to say). Wasserman Schultz resignation and decision not to 'gavel in' the convention is over-shadowed by the increasingly loud voices of Bernie (who will speak tonight) supporters booing any mention of Clinton-Kaine, but according to the mainstream media, Michelle Obama's headline speech tonight will bring the party together.

We're Sorry! - DNC Apologizes To Bernie For "Inexcusable Remarks"

Facing an already rambunctious crowd - chanting 'Bernie' at every mention of Clinton - The DNC has been forced to issue a formal apology to Bernie Sanders (and presumably his supporters).... "the inexcusable remarks... do not reflect the value of the DNC or our steadfast commitment to neutrality during the nominating process."

Clinton Cash: "Devastating" Documentary Reveals How Clintons Went From "Dead Broke" To Mega Wealthy

Clinton Cash investigates how Bill and Hillary Clinton went from being “dead broke” after leaving the White House to amassing a net worth of over $150 million, with over $2 billion in donations to their foundation.  

Thunderstorm Sparks Massive Spike In New York Elctricity Prices Amid Heat Wave

Amid day 5 of a heat wave expected to last through Thursday, local New York electricity generators had been dealing with the increased demand(to help power air-conditioners) until, as Bloomberg reports, the agency that oversees New York’s power system issued issued an alert in advance of a thunderstorm that cut the amount of electricity allowed to be carried across transmission lines feeding the city. This sparked a massive surge in New York electricity prices from $40/MwH to over $1000/MwH.

At Least 15 Killed, 45 Injured By Knife-Wielding Man In Japan

Mass killings have now become a daily thing. The latest attack however took place not in Europe, nor the US, but Japan, where national broadcaster NHK reports that a knife-wielding man has reportedly gone on a rampage at a facility for people with heart disabilities in the city of Sagamihara, west of Tokyo.

Stocks Slide To Worst Day In A Month After Crude Carnage, Kuroda Chaos

Stephen Roach Says Trump's Right On Globalization: It's A Broken System

"While seemingly elegant in theory, globalization suffers in practice. That is the lesson of Brexit and of the rise of Donald Trump in the United States. And it also underpins the increasingly virulent anti-China backlash now sweeping the world. Those who worship at the altar of free trade, including me, must come to grips with this glaring disconnect."

Biotech Bellwether Gilead Slides After Cutting Guidance, Harvoni Sales Miss

The reason why the stock of Gilead is currently sliding after hours is because while the biotech giant did beat Q2 earnings, it cut its full year guidance by $500 million on the top line while boosting its R&D expense forecast by $300-$400 million.

"Bedlam" As Wasserman Schultz Boo'd, Heckled Off Stage By DNC Delegates

Not the greatest start to Hillary's homecoming week. Outgoing Democratic Party chairwoman Debbie Wasserman Schultz was booed and heckled at a Florida delegate breakfast, with attendees shouting "shame."

Snowden Explains How To Get To The Bottom Of "Who Hacked The Democrats"

"Even if the attackers try to obfuscate origin, #XKEYSCORE makes following exfiltrated data easy. I did this personally against Chinese ops. Evidence that could publicly attribute responsibility for the DNC hack certainly exists at #NSA, but DNI traditionally objects to sharing. The aversion to sharing NSA evidence is fear of revealing "sources and methods" of intel collection, but #XKEYSCORE is now publicly known."

US Denies ISIS Claims It Shot Down A US Warplane Over Iraq

According to Almasdar News, a US jet was downed by Islamic State militants in the vicinity of Ain Al-Assad base west of Anbar. The reports remain unconfirmed as no video footage or pictures have been published. Though, the event has been reported by ISIS’s media wing, Amaq.

The "New Housing Crisis" – Not Enough Rental Homes?

The real crisis is not a lack of homes for people to buy, just a lack of enough homes for people to rent. Which says more about the “real economy” than just about anything else. While there are many hopes pinned on the housing recovery as a “driver” of economic growth in 2013, 2014, 2015, 2016 – the lack of recovery in the home ownership data suggests otherwise.

"The System Has No Chance Of Regaining Stability"

"I see people saying the system is unstable. Fine, as long as they realize it has no chance of regaining stability, not with its present components. There will have to be a big clean-up. But it will be messy. A very limited number of people, with all of their minions, control the entire now unstable edifice, and they’ll fight tooth and nail to keep their power. Nevertheless, they’ll lose."


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