JPM Agrees With Trump That Fed Is Political, Accuses Yellen Of "Distorting Asset Markets, Blowing Bubbles"
"Wrong Way Gartman"
Fed's National Activity Indicator Average In Contraction For 19th Month - Worst Non-Recessionary Streak In 49 Years
More than ever before, American citizens are questioning the ‘official’ story behind 9/11. This was made evident by how popular two articles, “It’s Official: European Scientific Journal Concludes 9/11 Was A Controlled Demolition” and “This Video Destroys The Official Account Of 9/11 In Less Than 5 Minutes [Watch],” were on the anniversary of the tragic day.
U.S. residents aren’t the only ones looking for truth, however. Citizens – and the governments – of other countries have formed unpopular theories on what really prompted the NYC attacks. According to one Egyptian media site, the U.S. government is likely to blame.
While the U.S. Senate Banking Committee was taking testimony yesterday from the Chairman and CEO of Wells Fargo bank, John Stumpf, about his $19 million in pay last year and how Carrie Tolstedt was set to retire with $120 million from the bank, despite both of them presiding over the creation of two million bogus bank accounts and credit cards, the Federal Reserve’s Open Market Committee (FOMC) was debating the wisdom of hiking rates and setting off a temper tantrum by Wall Street banks or standing still and losing more credibility. We will know the outcome of that conversation when the FOMC makes its announcement at 2 p.m. ET today.
If Clinton cannot win, the globalists will crash the economy. For all intents and purposes, the economy has already crashed, only the crumbs are falling to earth.
Here is a quick look at where we are. I want to stress that we are weeks away from this possibility.
Plunging Oil Prices
The low oil prices represent a financial risk which is equivalent with the housing bust. Most recently, experts are sqmetalsseeing the signs of another global financial meltdown which is nudging the global economies into a series of quantitative easing in a new round of forcing taxpayers to support bankers from their own mistakes through the private theft of public assets.
The Richie Allen Show:
OUZILLY, France – We came back from South America poorer but wiser.
For the first time ever, we have had to face the reality of politics; up until now, it was never more than an abstract, theoretical matter.
We read about the French Revolution, the Bolshevik Revolution, and the passage of Obamacare.
We knew politics was corrupt and repulsive. But except for a brief stint on the board of governors of our local church, we had nothing to do with it.
Now the wolf is in our own backyard… so close that we can smell its hot breath and hear the clicking of its pearly teeth as it snaps at our heels.
“Overall shipment volumes are persistently weak.”
When FedEx announced its quarterly earnings today, it included some telling tidbits. In its largest segment, FedEx Express, domestic shipping volume edged up merely 1%. In its smaller FedEx Ground Segment, shipping volume jumped 10%, “driven by e-commerce and commercial package growth.”
Sales by e-commerce retailers jumped 15.8% year-over-year in the second quarter, according to the Census Bureau, and companies involved in getting the packages to consumers and businesses have seen growth in those segments. For the rest, not so much – as the goods-based economy is getting bogged down.
What Hillary Clinton’s email scandal is really about, explained with a cartoon … It’s a constant source of news coverage, particularly in conservative outlets, where it’s turned into vessel for a larger message: that Clinton can’t be trusted. -Vox
Vox has written an article that minimizes suspicion about Hillary Clinton’s larger transgressions regarding her “email scandal” while attempting to focus on the “real” issues surrounding them.
Oh, what a difference a few years make.
After the Crash of ’08, the Fed entered a period of “extraordinary” monetary policy marked by large scale purchases of Treasuries and other (worse) securities from commercial banks. This process, termed quantitative easing, began in November 2008 as a supposedly temporary measure to provide liquidity (and thus operational stability) to the banking sector. A Wall Street crisis would become a Main Street crisis otherwise, the story went.
You know me – I’m not prone to conspiracy theories (cough). But, I noticed some weird things about the pressure cooker bomb attacks that took place in New York City and New Jersey this weekend and the subsequent arrest of the alleged perpetrator.
Some things just don’t add up. Trust me, you won’t even need to don your tinfoil because none of this is outrageous.
It took years of begging and pleading, but the U.S. Food and Drug Administration (FDA) finally agreed in February to start testing for glyphosate in food. The agency announced just a few days ago that U.S. honey samples tested positive for the chemical, which is an ingredient in Monsanto’s Roundup herbicide. 
The agency checks foods for pesticides every year, but for decades had refused to test for glyphosate. The decision to start checking for the chemical was made only after many independent researchers started conducting their own testing on various foods 2 years ago and found glyphosate in flour, cereal, oatmeal, and a host of other products.