Friday, December 23, 2016

Berlin Attack Suspect Killed In Shootout In Milan: Real-Time Updates

Anis Amri, the man said to be behind the Christmas market in Berlin was killed in a shootout in Milan. Amri was stopped on foot by police patrols at around 3 a.m. during a routine check in the Sesto San Giovanni neighborhood

Trump Doubles Down On Nukes: "Let It Be An Arms Race, We'll Outlast Them All"

“Let it be an arms race, we will outmatch them at every pass … and outlast them all.”

Martin Shkreli Has "Few Regrets", Slams Bloomberg After Interview

Trumpocalypse? Suddenly Liberals Are The Ones Stockpiling Food, Guns And Emergency Supplies

by Michael Snyder, The Economic Collapse Blog:
Now that the shoe is on the other foot, many liberals all over America have suddenly become extremely interested in prepping. Fearing that a Trump presidency could rapidly evolve into a “Trumpocalypse”, a significant number of leftists are now stockpiling food, guns and emergency supplies. In fact, even though many had expected a sharp drop in gun sales following Trump’s victory, what actually happened is that fear of what is coming under Trump pushed background checks for gun sales to an all-time record high on Black Friday. The election of Donald Trump has awakened the left to a degree that we haven’t seen in decades, and some on the left are embracing hardcore survivalism without any apologies.
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'Mutiny' Or 'Acceptance'? Democrats Ask "Was Barack Obama Bad For Democrats?"

Is this a full-blown mutiny? Or did Democrats just reach the fifth stage of grief - "acceptance"? In a NYTimes op-ed, they begin by claiming that "President Obama will be remembered as a thoughtful and dignified president, but admit his legacy regrettably includes the more than 1,000 Democrats who lost their elections during his two terms. Republicans now have total control in half of America’s states...Why such political carnage?"

Putin Mocks Democrats As "Shameless Losers", Says Russia Alone Believed In Trump's Victory

During his annual year-end press conference, Vladimir Putin slammed the Democratic Party as "shameless losers", saying "the party that is called the Democrats has clearly forgotten the original meaning of that name" and boasted that Russia was alone in believing in Trump's victory.

An Odd Disconnect: Consumer Confidence At 12 Year HIgh As Inflation Expectations Tumble To All Time Lows

In an odd divergence, the latest UMichigan consumer sentiment print hit a 12 year high, rising from 93.8 in November to 98.2, even as long-term inflation expectation, those in the 5-10 year bucket, dropped from 2.50% to 2.30%, a new all time low print. However, confirming the political bias behind the report, UMich chief economist Richard Curtin said that "sentiment is likely to fall in coming months."

New Home Sales Jump Ahead Of Mortgage Rate Spike Led My Midwest Surge

Soaring homebuilder confidence, crashing mortgage applications, spiking mortgage rates, weak pending home sales, strong existing home sales, and now new home sales for November surged 5.2% MoM (smashing expectation of a 2.1% rise). Take your pick of the US housing 'recovery' narrative.

Traders (Too) Confident Santa Claus Coming To Town

Post-election complacency is back. Shorter-term stock volatility expectations have dropped to their lowest levels in more than 4 years... this has typically not boded well.

Berlin Attacker Pledged Allegiance To ISIS, Urged Murder Of "Crusader Pigs" - Video

In a just released video by the Islamic State's Amaq news agency, Anis Amri, the Berlin Christmas market attacker, is shown pledging his allegiance to Islamic State leader Abu Bakr al-Baghdadi and calls upon his "Muslim brothers everywhere... Those in Europe, kill the crusader pigs, each person to their own ability."

Euroskeptics Enraged At Europe's Open Borders After Details Of Berlin Killer's Trip Emerge

Leading Eurosceptics have blamed the Schengen agreement, which allows passport-free travel between many European Union states, for Anis Amri's easy journey across Europe. Echoing similer comments by Marine Le Pen, Nigel Farage said on Twitter that "the Schengen Area is proven to be a risk to public safety. It must go."

Loonie Tumbles After Canadian Economy Unexpectedly Crashes Back Into Contraction

After 4 straight months of MoM growth in GDP, the Canadian economy plunged 0.3% in October  (considerably worse than the 0.0% expectations) despite a resurgenece in crude prices. The Loonie is tumbling, back at 5-week lows, as manufacturing shrank a shocking 2.0% YoY - most since 2013.

The U.S. Interfered In Foreign Presidential Elections 81 Times From 1946-2000

Something we should all be aware of...

Hijacking Of Libyan Airplane Ends Peacefully After Suspects Surrender

One or more hijackers, described as being “pro-Gaddafi,” have seized control of Afriqiyah Airways flight 8U209 in Libya, forcing the Airbus A320 plane to divert to Malta. The suspects hijacker of the airliner with 111 passengers aboard has threatened to blow up the plane on the runway at the international airport in Malta.

Futures Unchanged In Thin Pre-Holiday Tape; Italian Bank Bailout Lifts European Shares

European stocks halted two days of declines, with the Stoxx 600 fractionally in the green and Italy’s bonds climbing after Monte Paschi requested a bailout and Italy pledged to provide support for its other ailing lenders. S&P futures were little changed among extremely thin volumes while Chinese stocks dropped amid concerns on higher borrowing costs.

Credit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil Penalty

Credit Suisse agreed to pay $5.28 billion to resolve a U.S. investigation into its business in mortgage-backed securities as officials work through a backlog of crisis-era bank cases. The Swiss lender will pay a $2.48 billion civil penalty and $2.8 billion in relief for homeowners and communities hit by the collapse in home prices, it said in a statement Friday.

China "Shocked" By Navarro Appointment, As Trump Team Proposes 10% Import Tariff

The appointment of Peter Navarro to a formal White House post "shocked' Chinese officials who had hoped that Mr Trump would tone down his anti-Beijing rhetoric after assuming office. China will be even more shocked, however, if as CNN reports, Trump is about to implement a 10% import tariff, leading to an all out trade war with Beijing.

Big Lies Repeated

"...when one lies, one should lie big, and stick to it... then keep up the lies, even at the risk of looking ridiculous..." Not much has changed on the propaganda front in seventy-five years, and the evil Goebbels would feel at ease with modern developments as regards the Western Establishment’s campaign against President Putin and soon-to-be President Trump.

Migrant Family Arrests At U.S.-Mexico Border Surge 130% In October And November

As a new Trump administration prepares to enter the White House, after months of promises to crack down on illegal border crossings, new data emerges that seemingly confirms that the citizens in Mexico and Central America have taken him at his word.

Sex Robots Are Becoming A Thing - And They Could Kill Off The Human Race

Scientists have warned of the ‘sixth extinction‘ for decades, but now there is at least one man who believes an ostensibly beneficial innovation - sex robots - could lead to the human race getting screwed.

Banning Cash & THE GREAT CRASH OF 2017 — The DOC


It’s becoming increasingly clear that the move to ban cash is going global. What started with Modi in India is now moving to Australia and Spain, and if people don’t revolt en masse and soon, the passivity of these populations with embolden the Federal Reserve and bankers to ban cash in the United States. And while the tyranny against cash only grows, the global bond bubble is beginning to pop – with many experts predicting total systemic collapse in 2017, and possibly as soon as January.

Bush Trumps Reagan

by Peter Schiff, Euro Pacific Capital:
The optimism that has followed the election of Donald Trump has pushed the Dow Jones Industrial Average to the threshold of 20,000, a level that will be both a nominal record and a symbolic milestone. Although this is not the way most observers had predicted that 2016 would play out, most on Wall Street have become extremely reluctant to look a gift horse in the mouth…or to even look at him at all. The impulse is to jump on and ride, and only ask questions if it pulls up lame. But if this year has proven one thing, it is that predictions made by the consensus should not be trusted.
Back in the earlier part of 2016 the mood was decidedly darker. At that point most people believed that the Federal Reserve would be raising rates throughout the course of the year. While such hikes had been anticipated (and delayed) for years, most took comfort in the belief that the economy would be expanding nicely by the time the Fed actually pulled the trigger. But in late 2015, the already tepid GDP growth seen in the prior two years seemed to be decelerating. Investors also concluded that Hilary Clinton was a lock to win the election, thereby assuring that the anti-growth policies of the Obama years would continue. Many looked at these developments and concluded that the sins of the past decade, in which the Government and the Federal Reserve had used unprecedented levels of fiscal and monetary stimulus to prop up the economy and the stock market, had finally caught up with us. As a result, the Dow Jones shed more than seven per cent in the first two weeks of the year, its worst start on record.
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Foxes Guard Facebook Henhouse

by F. William Engdahl, New Eastern Outlook:
The latest mantra of CIA-linked media since the “Pizzagate” leaks of data alleging that Hillary Clinton Campaign Manager John Podesta and other highly influential political persons in Washington were connected to an unusual pizza place near the White House run by a 41-year old James Achilles Alefantis called Comet Ping Pong, is the need to crack down (i.e. censorship) on what is being called “Fake News.” The latest step in this internet censorship drive is a decision by the murky social media organization called Facebook to hire special organizations to determine if Facebook messages are pushing Fake News or not. Now it comes out that the “fact check” private organizations used by Facebook are tied to the CIA and CIA-related NGO’s including George Soros’ Open Society Foundations.
In the last weeks of the US Presidential campaign, Wikileaks released a huge number of emails linked to Clinton Campaign Manager, John Podesta. The contents of thousands of emails revealed detailed exchanges between Podesta and the oddly-influential Comet Ping Pong pizza place owner, Alefantis, as well as the Clinton campaign, which held fundraisers at Comet Ping Pong.
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Outlook for 2017

by Alasdair Macleod, GoldMoney:
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new president, and the stimulation he will provide is of tax cuts and infrastructure spending.
If interest rates must rise a tad, who cares? More important for equity-driven investors is the improved outlook for corporate profits from a combination of fiscal stimulation and a business-friendly administration.
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The Greatest Gift For All

by Paul Craig Roberts, Paul Craig Roberts:
Dear Donors, thank you for your support in 2016. Although you have kept me working yet another year, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the world. Perhaps some of you will be those people.
My traditional Christmas column goes back to sometime in the 1990s when I was a newspaper columnist. It has been widely reprinted at home and abroad. Every year two or three readers write to educate me that religion is the source of wars and persecutions. These readers confuse religion with mankind’s abuse of institutions, religious or otherwise. The United States has democratic institutions and legal institutions to protect civil liberties. Nevertheless, we now have a police state. Shall I argue that democracy and civil liberty are the causes of police states?
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Even Single-Family Rentals Sink in Once Hottest Markets

by Wolf Richter, Wolf Street:
First cracks appear in Seattle’s crazy Rent Boom.
Median asking rents in some of the most expensive markets in the US have started to decline on a year-over-year basis, with landlords throwing incentives into the mix, even where incentives are rare. This has hit the formerly hottest rental markets: San Francisco, New York City, Boston, Washington D.C., Chicago, Miami, and Honolulu.
At the same time, rents are still rising in other cities. In Seattle, the median asking rent jumped 10% in November year-over-year, but even there, cracks are appearing. More on that in a moment.
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BREAKING: NATO Chief Auditor In Charge Of Counter Terrorism Funding Assassinated?

by Aaron Kesel, WeAreChange:
Yves Chandelon, Chief Auditor of NATO in charge of counterterrorism funding, was reportedly found dead in the city of Andenne in the Belgian Ardennes last Friday, of a single gunshot wound to the head.
If Chandelon’s death was an assassination, it would make the third one in the last seven days following the the assassination of Russian ambassador Andrey Karlov, and the assassination of Russian Foreign Ministry Petr Polshikov.
Chandelon was the son of a Belgian businessman a CEO for Career Kalvysob. He became a banker after his father, and then joined NATO in 1998.
As the media in Belgium reported, it’s suspected that the official most likely committed suicide. However, his family has rejected this notion and there are key facts that a lot of people are missing.
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