Wednesday, August 31, 2016

NOVEMBER VOTE TO BE HIJACKED: Obama Wants DHS to Take Over Jurisdiction of US Elections – Form Central Election System

by Jim Hoft, The Gateway Pundit:
So this is how Hillary Clinton wins…
The Obama administration wants to take control away from the states and form a central government election system.
Because we know there is no bias in Washington DC – a district that votes 90% Democrat.
The Washington Examiner reported:
DHS has a vital security role in 16 areas of critical infrastructure and they provide a model for what the department and Johnson could have in mind for the election.
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Obama's Former Doctor Says Hillary "Should Have A Thorough Neurological Exam"

In a move that is certain to spark another round of what much of the left-of-center media has dubbed "unfounded conspiracy theories" about the health of Hillary Clinton, overnight President Obama’s former physician, Dr. David Scheiner told CNN that he believes Democratic nominee Hillary Clinton should have a neurological examination due to her history of brain injury.


from InfoWars:
And, yes, Hillary did call Byrd her mentor
Often the media will turn a fact into a “some say” claim that signals to readers that a fact may not be a fact.
Recently the media did just that to shield Hillary Clinton from her close association with an actual, factual Ku Klux Klan leader.
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Mainstream Media Admits It May "Never Recover" From 2016 Election

In a revealing statement that flew largely under the radar earlier this month, the mainstream media admitted it would never recover from its irresponsible and negligent coverage of the 2016 presidential election. A recent column published in the New York Post referred to the media’s reporting as the complete collapse of American journalism as we know it.

"The Fed Has Mastered Market Manipulation" - Bill Gross Explains Why He Is Not A "Broken Clock"

"The problem with Cassandras, such as Gross and Jim Grant and Stanley Druckenmiller, among a host of others, is that we/they can be compared to a broken watch that is right twice a day but wrong for the other 1,438 minutes. But believe me: This watch is ticking because of high global debt and out-of-date monetary/fiscal policies that hurt rather than heal real economies. Sooner rather than later, Yellen’s smooth shot from the fairway will find the deep rough."

Soros Seeks To “Reshape American Justice System” By Pouring Funds Into “Powerful” District Attorney Races

from ZeroHedge:
With hundreds of millions of dollars poured into presidential and congressional elections in the United States it can be difficult, even for mega donors like George Soros, to truly understand how much influence is being “bought.” That’s why Soros is pursuing a new strategy to dump millions into the campaigns of local district attorneys, a position which “exercises the greatest discretion and power in the system.” So far, Soros has funneled $3 million into seven local DA races over the past year but his support is “expected to intensify in the next few years, thanks to longer-term planning and candidate recruitment.” In general, Soros looks to fund progressive DAs running on platforms to “reduce racial disparity in sentencing” and support prison “diversion programs” for drug offenders instead of trials that could result in jail time. As Politico points out:
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America Is Going Under Corporate Martial Law

by Dave Hodges, The Common Sense Show:
Obama is making 30 campaign stops during the Congressional recess. No, he is not campaigning for Hillary Clinton, he is campaigning for the passage of the TPP. The TPP is a trade agreement that will reduce the world to a government ruled by the corporate edict of a few, instead of representative government by the many.
The GOP Platform and the TPP
The GOP platform says, “A Republican President will complete negotiations for a Trans-Pacific Partnership to open rapidly developing Asian markets to U.S. products.”
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Facebook Just Got A Whole Lot Creepier

We've been creeped out by Facebook for a long time now, but the following takes it to another level...

Oil Plunges Under $45 - Near Saudi-Short-Squeeze-Lows

After the biggest short squeeze in history - thanks to a well-placed and entirely useless Saudi statement about OPEC freeze discussions - oil prices have slipped notably - now back below $45 once again...

Deere, Monsanto Slide After DOJ Files Suit To Block Precision Planting Deal; Ag Sector Lower

Several months after dozens of merger arb funds had their worst day in years when the US government effectively killed the Pfizer-Allergan deal, moments ago both Deere and Monstanto stocks dropped, after the DOJ filed a lawsuit seeking to block Deere's deal for Monsanto's Precision Planting.

The Truth Emerges: EIA Admits It "Overestimated" Crude, Gasoline Demand In The First Half By 16%

In a note released moments ago by the EIA, whose bias to keeping prices as high as possible is no secret, admitted that "over the first six months of 2016, EIA weekly estimates underestimated total crude oil, petroleum, and biofuel exports by an average of 16%... which led to the overestimation of total consumption."

Dow, S&P Dump Into Red For August

2173.6... that's all that matters today... an S&P close above that will keep the 5-month streak of monthly gains alive... a drop below that and August is the worst for stocks in 6 months...

This Is The "Bubbly" Chart That Keeps The Fed's Rosengren Up At Night

 “Should a large negative shock occur, firms and households would be exposed to greater losses through their holdings of riskier assets than they would be if they were not reaching for yield.... should prevailing economic conditions change in response to a large negative economic shock, commercial real estate prices could decline relatively quickly, leading to large losses at leveraged firms.”

Pending Home Sales Tumble For 2nd Month In A Row

Thanks to a series of negative revisions, pending home sales have now tumbled YoY for two consecutive months (dropping 2.2% in July versus an expectation of a 2.2% rise). The revisions enabled the MoM print of +1.3% to beat expectations optically (thanks to a surge in The West sales +7.3%). The good news for affordability is that NAR's Larry Yun notes homebuilders focusing down-market; the bad news, obviously, is that more supply will disable the low-inventory bid holding prices up at record highs. Probably time to hike rates...

Someone Just Dumped Almost $5 Billion Notional Gold Into The Futures Market

Gold futures are near the psychologically important $1300 once again as someone decided this morning was the perfect time to dump $4.7 billion notional gold into the futures markets...

South Africa's Largest Debt Manager Halts Loans To State Firms, Rand Tumbles

"We’ve observed recent reports that strongly hint of conflict between branches of South Africa’s government, the possible machinations of patronage networks and a seeming challenge to the National Treasury’s independence... It is difficult to make reasoned and defensible decisions to continue providing state-owned companies with additional funding using clients’ money."

ADP Continues Weakening Trend As Goods-Producing Jobs Shrank... Again

The general trend of weakenig ADP job growth continues in August with a 177k print (in line with expectations). Goods-related jobs dropped 6k but Service-related roles rose 183k, but notably construction jobs fell 2k while zero new manufacturing jobs were created, even though some 19,200 "franchise workers" were added. It is also worth pointing out that over the past five months the average ADP employment gain is 175K, which is the lowest since July 2013.

In Historic Event, China Sells First World Bank SDR-Denominated Bonds In Decades

In one of the most closely followed bond issues in recent history, overnight the IBRD, one of the five member-institutions of the World Bank Group, sold 500 million SDR-denominated three-year bonds carrying a coupon of 0.49% at an auction in China's interbank market on Wednesday. This was the first SDR denominated offering in three decades, with the issuance symbolically taking place in Shanghai one month before the official inclusion of China's currency in the SDR basket.

Architect of the ‘New World Order’ is Giving up on America’s Empire

by Darius Shahtahmasebi, The Anti Media:
Foreign policy lunatic, architect of the ‘New World Order,’ and personal mentor to Barack Obama, Zbigniew Brzezinski, appears to have abandoned his lifelong dream of a complete, unchallenged American empire. He is now yielding to what he refers to as a “global realignment,” instead.
Some of Brzezinski’s most notable foreign policy achievements to date include brokering the Israel-Egypt peace treaty, actively supporting Poland’s opposition Solidarity movement, providing covert support for national independence movements in the former Soviet Union, and normalizing relations between the U.S. and China. Most notoriously, Brzezinski was instrumental in providing assistance to the Afghan mujahideen fighters who were battling the Soviet invasion (these fighters became the bulk of al-Qaeda and included Osama bin Laden). He was also a strong advocate of NATO expansion in the face of Vladimir Putin’s rise to power in Russia.
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Financial Big Bang is Closer Than Ever

by Andy Hoffman, Miles Franklin:
These past two weeks rival any I’ve seen in my 14½ years of minute-to-minute PM watching – during which, the Cartel has relentlessly suppressed prices amidst an unrelenting blizzard of “PM bullish, everything-else-bearish” news flow. Using cover of the two slowest trading weeks of the year, they have aggressively pushed prices away from the indisputable “breakout levels” of $1,370/oz for gold – representing the “downtrend line” created by September 2011’s “Operation PM Annihilation I,” December 2011’s “Operation PM Annihilation II,” February 2012’s “Leap Day Violation,” and April 2013” Alternative Currencies Destruction” raids; and $20.45/oz silver, representing its 50-month moving average.
Yesterday was particularly egregious; as with interest rates barely higher, and for much of the day, flat or lower, paper gold and silver were bombed; after having barely been allowed to rise Monday, when interest rates – “hawkish” Yellen and Fischer comments notwithstanding – plummeted.
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The Subprime Loan Crisis Is Back…Here’s What It Could Mean for the Economy

by Doug Casey, Casey Research:
Subprime loans are going bad again.
A “subprime” loan is a loan made to someone with bad credit. If the term sounds familiar, it’s because lenders issued millions of subprime loans during the early to mid-2000s.
Banks made these risky loans thinking housing prices would “never fall.” When they did, subprime borrowers stopped paying their mortgages. The U.S. housing market collapsed, triggering the worst economic downturn since the Great Depression.
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The Night That Is Upon Us and the Dawn of a New Era

by Hugo Salinas Price, Gold Seek:
At what point in History does humanity find itself? Where are we? In the course of the past centuries, the study of the physical sciences, born in the 16th Century when the Englishman Francis Bacon established the “Scientific Method”, has had such enormous success and has so greatly influenced humanity, that Science has become a materialist world-religion.
The central problem of our times is that official economists attempt to apply the “Scientific Method” when designing economic policies for governments, and this method is not applicable to human activity. The “Scientific Method” cannot be applied to social concerns, because physical matter and human beings behave in totally different ways. Matter cannot choose, and human beings do choose their behavior. So, while action applied to matter produces predictable results, action applied to human beings must consider the fact that human being do choose, they do have options, and thus their behavior cannot be predicted successfully, cannot be quantified nor expressed correctly in equations. The world’s economists ignore this fundamental fact, and so they formulate economic plans for the State that always turn out as counter-productive, because their plans produce results that are always quite the opposite of what they expected.
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