Sounding another alarm for progressives wary of the Democratic establishment’s support for Wall Street, the man said to be leading the pack of potential Hillary Clinton running mates—Virginia Sen. Tim Kaine—has just this week sent a clear message to big banks: He’s in their corner.
Kaine, who is reportedly Bill Clinton’s favorite for the vice presidential slot, signed onto two letters on Monday pushing for financial deregulation—letters that show the Clinton camp “how Kaine could be an asset with banking interests on the fundraising trail,” according to David Dayen at The Intercept on Wednesday.
One of the BEST things that could happen to the world...Get rid of NATO...
"Short Everything That Guy Has Touched" - San Fran's Lending Standards Put The Last Housing Bubble To Shame
Introduction: For a number of years Admiral Thomas Moorer, former Chief of Naval Operations and Chairman of the Joint Chiefs of Staff was my colleague at the Center for Strategic and International Studies. Tom, after whom the F-14 Tomcat fighter is named, expressed to me his concern that US politics and foreign policy was in the clutches of Israel and that America was being led into war with the Arab Middle East. Admiral Moorer and the State Department and Pentagon at that time did not think that war with the Arab countries served the interests of the United States. However, Admiral Moorer thought that the war could not be avoided because of the hold Israel has over the US government.
What convinced him of this was Washington’s coverup of the 1967 Israeli attack on the USS Liberty which resulted in 208 killed and wounded Americans. Tom was disheartened that Admiral John S. McCain Jr., the father of the current US senator, for career reasons had cooperated with the coverup. Tom worried that careerism had destroyed the integrity of the US military.
The news that China has been to some degree crowded out this year by Western demand for gold is of minor importance compared to this further evidence that the mighty double-digit growth 15+ year surge in Chinese domestic gold production seems at last to have topped out. This means Chinese appetite for gold will increasingly have to be met from overseas. – John Brimelow JB’s Gold Jottings report LINK
It was reported by Reuters Africa yesterday that Chinese gold production in the first half of 2016 was up slightly from the same period in 2015. 2015 production was down .4% from 2014.
If the amount of China’s domestically produced gold begins to decline, China’s enormous demand for gold will require a lot more gold imported from the rest of the world. This will make things interesting – given the already enormous supply/demand deficit in deliverable physical gold – because we know that, based on retail gold coin sales in the U.S., Canada, England and Australia, retail demand in the west is picking up quickly.
The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September. Subsequently, Deutsche Bank stock hit an all-time low. Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank. And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that. Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008.
GOLD AND SILVER ADVANCE DESPITE OPTIONS EXPIRY IN THE OTC GOLD/SILVER MARKET/JAPAN UNVEILS HELICOPTER SPENDING BUT MARKETS UNIMPRESSED/DEUTSCHE BANK’S PROFIT DROPS TO NOTHING AND STOCK FALLS 5%/OIL DROPS INTO THE 41 DOLLAR COLUMN/POLICY ERROR WITH RESPECT TO FOMC AS GOLD AND SILVER RISE/ BOND YIELDS RISE AND DOLLAR TANKS/STRONG AGNICO EAGLE RESULTS!!
For the July gold contract month, we had ANOTHER GOOD 17 notices served upon for 1700 ounces. The total number of notices filed so far for delivery: 6897 for 689,700 oz or 21.452 tonnes
In silver we had 9 notices served upon for 45,000 oz. The total number of notices filed so far this month for delivery: 2359 for 11,795,000 oz
Read More @ Harveyorganblog.com
There are few constants in the world. But one of these constants is the Federal Reserve never tells the truth about interest rates, and the mainstream media never tells us the truth about what the forked-tongues at the Fed are really saying.
For more than 7 1/2 years, the Fed Liars have been promising to raise interest rates. The initial promise from the Fed was that it was going to IMMEDIATELY NORMALIZE interest rates, at the beginning of 2009. The Fed Liars called this their “exit strategy”. For more than 7 1/2 years since; the Fed-heads haven’t done what they have promised to do, again and again and again. Indeed, they have long since ceased to use the term “exit strategy” — as apparently neither they nor their media sycophants could continue to utter the two words with a straight face. Read More
Le Pen’s niece enrolls in the ARMY as she calls on France to ‘kill Islamism’ … Marion Le Pen has said she will enroll in the French army reserve Marion Le Pen announced on Twitter she would join the French Army reserve after a spate of Islamic State-inspired terror attacks in Europe. The 26-year-old also blasted the “ineffective” French army as the country reels from the murder of 84-year-old Father Jacques Hamel by two teenagers who said they were ISIS “soldiers”. –UK Express
The horrible murder of Father Jacques Hamel in Rouen France by “ISIS soldiers” has further inflamed French anger against radical Islam and fundamentalism.
This is how wars begin.
In this case, France – and the West generally – are being whipped up against 1.5 billion Muslims around the world.
Corporate collusion and secret backroom dealings between at least two editors from the journal Food and Chemical Toxicology (FCT) and biotechnology giant Monsanto are what ultimately led to the unwarranted retraction of a major study showing that Monsanto’s NK603 “corn” and corresponding herbicide glyphosate (Roundup) cause cancer in mammals, new Freedom of Information Act (FOIA) requests reveal.
The groundbreaking paper by French biologist Gilles-Eric Seralini, which was published and then unpublished by FCT, contained no errors and wasn’t fraudulent or plagiarized, and yet FCT’s chief editor, A. Wallace Hayes, made the unprecedented decision to pull it, after a second and mysterious peer review, using the excuse that the paper’s findings were “inconclusive.”
by Paul Joseph Watson, Infowars:
A political discussion at a bar in Cleveland ended with a Vietnam vet being shot in the leg because of his support for Donald Trump.