Wednesday, August 17, 2016

Obama Lied: New Details Confirm $400 Million Given To Iran Was Indeed "Hostage Ransom"

For the self-described "most transparent administration ever" it appears keeping the lies straight is becoming harder and harder. Having slammed the press, Donald Trump, and anyone who dare mention the "lack of logic" in paying a $400 million ransom for 4 Iran hostages, WSJ reports that Treasury officials have confirmed that Obama lied and in fact, the tightly scripted exchange of cash was specifically timed to the release of several American prisoners held in Iran. Trump was right again.

Ford Announces Plans To Self-Destruct Starting In 2021

Ford plans to have fully autonomous vehicles for sale by 2021.  We ran some simple math to show why that probably marks the beginning of the end for auto OEMs.

Presidential Nominees Unveil New Campaign Buttons

"It's the other side's fault..." Seriously, it’s about time these jerks on the other side of the political spectrum woke the hell up and started having the exact same background, experiences, and upbringing as me...

Unable To Meet Funeral Costs, Americans Are Donating Their Bodies To Science In Record Numbers

In the latest paradox of the new normal recovery, this time one with distinctly morbid undertones, the Associated Press reports that US medical schools are seeing a surge in the number of people leaving their bodies to science, a trend "attributed to rising funeral costs."

10 Orwellian Moments Found In The Newly Leaked Private NSA Newsletters

The Intercept recently began releasing batches of top secret internal newsletters from the most important division of the NSA, the Signals Intelligence Directorate, or SIGINT. This is basically the spy division. The internal newsletter, SIDtoday, was never meant to be read by anyone outside of the agency, but it trickled out with the Snowden leak and has been waiting for proper publication. The Intercept will release nine years worth of articles in batches. So far there have been two, and they contain hundreds of articles. After reading hundreds of them, here is a list of the most Orwellian SIDtoday NSA newsletters...

3 Out 5 Texans Support Secession If Hillary Wins Presidency

New Texas polling data from Public Policy Polling yields this and other shocking results...

Japanese Imports, Exports Crash At Worst Rate Since 2009

For the 19th month in a row, Japanese Imports plunged - dropping 24.7% YoY (worse than expected), the biggest drop since Oct 2009. Exports were just as dismal, also missing expectations, plunging 14.1% YoY - worst since Oct 2009. The biggest driver of the collapse of Japanese trade was a 44% crash in the Chinese trade balance. There's no lipstick to put on this pig... it's a disaster.. and worse still Yen is strengthening back below 100 against the USD.

Carl Icahn Turns Apocalyptic: "I Am More Hedged Than Ever, A Day Of Reckoning Is Coming"

"I have hedges on, I'm more hedged than I ever was. [The market] is way overvalued at 20 times the S&P and I'll tell you why: a lot of it is a result of zero interest rates. That's going to be hurtThere's going to be a day of reckoning here.  I've seen it many times in my life.  When things look good, they look great.  You go into the sky.  But that's when you have to really pull down and really stop buying."

Bad Data, Broader Alarms, And Business Cycles

The economy is pointing downward with alarms ringing in a wider and broader variety of important economic accounts. From this view, it is no wonder the FOMC overreacted to the May payroll report; that’s all that is left as it is more and more isolated.

How The East Coast Is Getting Rid Of Its Gasoline Glut

With the East Coast at gasoline stroage capacity, and quietly transporting unwante excess gasoline to other parts of the country, it is no longer accepting inbound cargoes.  The products tanker Torm Gyda will be open for charter Aug. 21 at El Palito, Venezuela, after discharging a cargo that was diverted from N.Y. Harbor.

Venezuela's Oil Crisis Is Opening Old Wounds With Colombia

Last week, Venezuelans lined up at their westerly border to visit Colombia for just a few hours and buy the essential everyday supplies once offered to them at low, subsidized prices by their prosperous socialist government. But, as oil prices slowly and steadily recover, will this model of brotherly cooperation prove to be sustainable in the long run?

More Crony Capitalism: Aetna Gives An Ultimatum To The DOJ - "If Humana Deal Is Blocked, We Exit Obamacare"

In a glaring example of crony capitalism, Aetna CEO Bertolini wrote that, despite Aetna’s past support for Obamacare, "unfortunately, a challenge by the DOJ to that acquisition and/or the DOJ successfully blocking the transaction would have a negative financial impact on Aetna and would impair Aetna’s ability to continue its support, leaving Aetna with no choice but to take actions to steward its financial health."

Donald Trump The Crisis Actor: A Conspiracy To End All Conspiracy Theories

Although it’s easy to dismiss this long, strange electoral trip as a passing political malady rising from America’s fever swamps, there are plenty of good reasons to get into the tin foil millinery business.

Obamacare Doomed As Insurers Lose $2 Billion On Plans In 2016 (Prompting 2017 Rates To Soar)

With Obamacare rates are set to rise an average of 24% in 2017 and insurers pulling out of exchanges all over the country it's hard to see how Obamacare endures much longer.

Trump Explains Why He Doesn't Trust US Intelligence Hours Before First Briefing

Earlier today Trump decided to trash the U.S. Intelligence community, just hours before he's scheduled to receive his first security briefing, declaring that he "won't use them."

New York Times' Dire Warning About Polling Accuracy

"...In short, polls and pollsters are going to be less reliable. We may not even know when we’re off base. What this means for 2016 is anybody’s guess..."

In Surprising Twist, Global Central Banks Dump A Record $335 Billion In US Debt In Past Year

When looking at the selling by foreign central banks over the past 12 months, reveals something unexpected: a not so stealthy, make that gargantuan $335 billion in Treasury liquidations in the period July 2015- Jun 2015, something which as the attached chart shows, is truly unprecedented.

There Is A Line!!

"There is a line where middle America figures it out and begins to fight back... We are about to see the masks come off."

Cisco Fires 5,500; Market Disappointed It Wasn't More - Shares Fall

"Today's market requires Cisco and our customers to be decisive, move with greater speed and drive more innovation than we've seen in our history. The restructuring will eliminate up to 5,500 positions, representing approximately 7 percent of our global workforce, and we will take action under this plan beginning in the first quarter of fiscal 2017."

Bonds & Stocks Surge After Fed's Equity Valuation Warning

ISIS Has A New Focus: Killing Christians And Bombing Churches Wherever They Can Find Them

by Michael Snyder, End Of The American Dream:
If you are a Christian, ISIS wants to kill you. Our politicians keep telling us that our battle with ISIS is not a “religious war”, but to ISIS it most certainly is. As you will see below, ISIS has a new focus. They are very clear about the fact that they intend to kill as many “citizens of the cross” as they possibly can, and they plan to bomb churches wherever they can find them. In a previous article, I explained how an entire church in the U.S. ended up on an ISIS kill list, and we just saw in France that they are willing to strike anywhere and at any time. Religious targets now appear to be a top priority for ISIS, and that means that every church and every Christian in the western world needs to start thinking differently about security.
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by Jeff Berwick, The Dollar Vigilante:
The US government, bankrupt yet again after another disastrous war of aggression, had its back pushed to the wall in 1971.
Up until that point, foreign central banks could redeem US dollars directly with the US Treasury in exchange for gold. And, recognizing that the US was essentially bankrupt, foreign central banks, especially France, began to demand gold instead of the dollar.
And then, on August 15, 1971, Richard “I’m Not A Crook” Nixon announced the monetary shot heard around the world.
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Are We Weeks Away From The Worst Global Crisis In History? – Jim Willie

from Sheila Zilinsky:

Jim Willie is highly regarded as one of the leading experts on the gold and silver market, for his forecasts on currency related collapses, bank defaults and predictions for gold and silver prices. He is the editor of the Hat Trick Letter and he joins Sheila for a cutting edge analyses on whats really happening on the economic front.

Even Hedge Funds Can’t Understand Today’s Manipulated Markets

by John Rubino, Dollar Collapse:
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused:
Hedge Funds Are Losing Endowments After Exodus of Pensions
(Bloomberg) – Following the lead of pensions, some U.S. endowments and foundations are souring on hedge funds.
Hedge fund fees and lagging performance are cause for concern for nonprofit investors, who are reducing their allocation, according to a survey published Monday by NEPC, a Boston-based consulting firm with 118 endowment and foundation clients with assets of $57 billion.
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Snowden: NSA Hack Is a Serious Warning from Russia to the United States

by Alice Salles, The Anti Media:
In a series of tweets, former National Security Administration (NSA) contractor and whistleblower Edward Snowden explained that recent attacks against a cyber-espionage organization tied to the NSA may be a warning worth heeding.
Members of the Equation Group, an organization of powerful hackers often associated with the NSA, was recently the target of a cyber attack. One of the items allegedly stolen was the attack code Equation cyberspies use regularly, also known as a “cyber weapon.” During an online auction, hackers allegedly involved with the attack offered to sell their discoveries to the highest bidder.
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How Bloomberg Spun its Own Poll Data to Make Hillary Clinton Seem Inevitable

by Michael Krieger, Liberty Blitzkrieg:
Years ago, when I was an exchange student in the Soviet Union, a Russian friend explained how he got his news.
“For news about Russia, Radio Liberty,” he said. “For news about America, Soviet newspapers.” He smiled. “Countries lie about themselves, tell truth about others.”
American media consumers are fast approaching the same absurd binary reality. We now have one set of news outlets that gives us the bad news about Democrats, and another set of news outlets bravely dedicated to reporting the whole truth about Republicans.
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Hillary Clinton: I’m a ‘No-Excuse Person’

from CNN via Washington Free Beacon:

Report: Secret Service Insiders Confirm: ‘Hillary Suffers From Parkinson’s… Experiences Seizures From Camera Flashes’

by Mac Slavo, SHTF Plan:
Several weeks ago the mainstream media began to paint a narrative of Donald Trump having mental issues and being unfit for the Presidency. Curiously, within a matter of days, stories began to emerge of bizarre behavior from Democrat Presidential candidate Hillary Clinton. As it turns out it may be Clinton that is unfit for the Presidency.
From falls and difficulty climbing stairs to stage panic in the face of protest chants and nonsensical statements to her audience, something appears to be wrong with the former Secretary of State. In fact, even Hillary’s closest aide, Huma Abedin, noted in an email to a State Department employee that Hillary is “often confused.”
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US Admits Boots on the Ground in Libya, But Will This Be Gaddafi 2.0?

by James Holbrooks, Underground Reporter:
On Wednesday, it was reported that Libyan militia groups supportive of the GNA, the Government of National Accord — the interim government installed by the United Nations — had, with the help of the United States via airstrikes that began August 1, retaken the northern city of Sirte.
“Pro-government Libyan militias backed by American airpower,” wrote the New York Times, “said Wednesday that they had seized the Islamic State’s last stronghold in the country, in the seaside city of Surt.”
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Hacked Soros Memo: $650,000 to Black Lives Matter

by Aaron Klein, Breitbart:
George Soros’s Open Society Institute viewed the 2015 Baltimore unrest following the death of Freddie Gray as opening a “unique opportunity” to create “accountability” for the Baltimore police while aiding activists in reforming the city, according to hacked documents reviewed by Breitbart Jerusalem.
The documents further confirm that the Open Society last year approved $650,000 to “invest in technical assistance and support for the groups at the core of the burgeoning #BlackLivesMatter movement.”
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How to Make One of the Hardiest Non-Perishable Survival Foods

by Joshua Krause, Ready Nutrition:
Maintaining a supply of non-perishable food is usually of the highest priority for preppers, which explains why there is such a wide variety of books and articles catering to the prepper community, on canning, dehydrating, and storing food. But among all of the food preservation methods that are so popular with preppers, there is one little known method that stands out. It is by no means unheard of, but it isn’t nearly as popular as it used to be.
I’m referring to the process of making pemmican; a type of non-perishable food that is known for its high calorie density. Pemmican was first created by the Native Americans, and was later adopted by European settlers. It remained popular among pioneers, explorers, and military units well into the 20th century, when it likely fell out of favor with the proliferation of canned foods. Which is a shame, because pemmican is awesome. It’s loaded with all of the fat and protein you need to get through a hard day, and not to mention quite tasty as well.
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