Tuesday, December 27, 2016

Erdogan Says He Has "Confirmed Evidence" The US Supports ISIS

Turkish President Tayyip Erdogan said he has evidence that U.S.-led coalition forces give support to terrorist groups including the Islamic State and Kurdish militant groups YPG and PYD, he said on Tuesday. "We have confirmed evidence, with pictures, photos and videos."

Mass Graves Discovered in Liberated Areas of Aleppo, Once Held by US Backed “Moderate Rebels”

by Alex Christoforou, The Duran:
Corpses were found with missing body parts, and most had gunshot wounds to the head.
Russian Defense Ministry has unearthed mass graves with dozens of bodies of civilians subjected to brutal torture in Aleppo neighborhoods that were under the control of Al Qaeda-ISIS militants, or the guys that the Obama White House prefers to brand as “moderate rebels.”
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Post-Christmas Chaos Strikes America's Malls: SWAT, Gunfire, & Mass Brawls From Texas To New Jersey

Dow 20k Disappoints For 10th Day Despite Market Optimism Surging Most Since Dot-Com Peak


The Santa Claus Rally Has Started: A Quick Primer On What To Expect

Since 1928, the S&P 500 has averaged a 1.7% gain and traded higher 77% (68 out of 88 years) of the time through this seven-day period, vs. a 0.2% average gain and a 56% success rate during any seven-day period. This year’s “Santa Clock” started December 23rd and ends January 4th.

US Government Can Legally Access Your Facebook Data (And Now We Know How)

The end of the year is approaching, and data concerning government abuses of power has begun pouring in.

Government Destroys Couple's Rights Over Rainwater: "If You're Honest, They Take Everything Away"

With each passing year, there are more and more challenges to personal property and individual sovereignty. Despite the resilience it lends to our national security, the government has proven again and again that it wishes to clamp down on the ability to prep, survive and self-sustain off grid, and without the need for the system’s supply chain.

Toshiba CEO "Apologizes" After Stock Plummets On Latest Accounting Scandal

"I apologize to shareholders, business partners and all stakeholders for the trouble we have caused," Toshiba CEO Tsunakawa said in a news conference at the company Tokyo headquarters.

Europe Proposes Confiscating Gold In Crackdown On "Terrorist Financing"

Hot on the heels of China gold import restrictions, and India's demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU under the guise of shutting down one route for funding of militant attacks on the continent, following the Berlin Christmas attack.

The Fed Admits The Good Old Days Are Never Coming Back

Today’s FOMC can imagine raising rates only to the point they fell to about halfway through their 2007–2008 easing cycle. They see no chance that overnight rates will reach 5% again. None.

Putin's Hit Teams Of "Chechen Killers" Head For Syria

Hardly content with his recent crucial victory when Aleppo finally fell to Assad/Russian forces, Vladimir Putin is only just getting started, and as the Daily Beast confirms reports that had previously circulated in the Russian press, dozens of highly trained "Chechen killer" Russian special military units in red berets are being transported to Syria. Their mission there is a mystery.

Guess Which Billionaire (From Omaha) Made More Money Than Anyone Else In The World Thanks To Trump

Staunch Hillary Clinton supporter (and vehement anti-Trump-er) Warren Buffett had a better year than any other billionaire on earth... thanks to Donald Trump.

Star Wars' Icon Carrie Fisher Has Died

Just two days after the death of pop icon George Michael, Carrie Fisher, the actress best known as Star Wars‘ Princess Leia Organa, has died after suffering a heart attack. She was 60.

Treasury Sells 2Y Paper In Poor, Tailing Auction At Highest Yield Since 2008

With today's On The Run 2Y Tsy trading very special in repo, down as much as -1.75% due to the ongoing year-end shortage of collateral across the curve, and which was the most-shorted since the summer we would have expected at least some strength in today's 2Y auction of Cusip U99, with a cash rate of 1.25%. Alas, the auction was jsut short of a disaster.

Largest Police Union In U.S. Demands Amazon Pull Black Lives Matter Shirts

“I wanted to let you know that my members are very upset that you and Amazon are complicit in the sale of this offensive merchandise,” Canterbury added, cautioning that the sale of the apparel could “damage your company’s good name amongst FOP members and other active and retired law enforcement officers.”

2016 Stock Surprises, Sentiment Swings, & Sector Surges (In 1 Simple Chart)

From the worst start to a year ever to the greatest post-election surge in US history, 2016 was a year of surprises no matter which way investors looked...

Chinese Interbank Funding Freezes Again As Overnight Repo Hits 33%

While traders around the world slept, China's banking system suffered another mini cardiac arrest when the overnight repo rate traded on Shanghai Stock Exchange soared as much as 30.87% to 33%, the highest since September 29, before closing at 18.55%.

When Assets (Such As Real Estate) Become Liabilities

It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate.

ECB Lowers Deutsche Bank's Capital Requirements, Allowing It To Pay Bonuses

The ECB lowered the minimum capital requirements for Deutsche Bank on Tuesday, giving the lender more leeway to structure dividends, and to make bonus payments which would have been impossible without the capitalization "extension."

Would Another Corporate Repatriation Tax Holiday Create Jobs? (Spoiler Alert: No)

It’s highly likely corporations would act exactly the same as they did last time...acquire businesses in the United States, to buy back their own stock or to pay down debt.

61 Shot, 12 Dead As Bloodiest Christmas In Years Rocks Chicago

While the cold winter weather was supposed to bring a welcome reduction in Chicago violent crimes, no such reprieve ever materialized as the city's residents have just endured the bloodiest Christmas season in years.

Trump Picks Former Bush Aide As Counterrerrorism, Cybersecurity Advisor

President elect Donald Trump announced on Tuesday that Tom Bossert, former national security aide to President George W. Bush, will join the Trump administration as the Assistant to the President for Homeland Security and Counterterrorism.

Barack Backhands Bibi

We have an Israeli leader all but castigating an American president as a backstabber and betrayer, while the White House calls Bibi a liar. This is not an unserious matter.

Top Ten Reasons Why Fiat Currency is Superior to Gold (or Silver) Money

by John Butler, GoldMoney:
In the spirit of the holidays and hope for a more prosperous 2017 I thought Insight readers might appreciate a little holiday humor. So please don’t take this edition too seriously. But if you happen to stumble across a ‘paperbug’ or two over the holidays, perhaps you could share some of the points made here as it will help them to realize just how hopelessly misguided they are. Cheers!
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Gold Bottoming In Late December, For The Second Straight Year?

by Andy Hoffman, Miles Franklin:

After publishing my “2016 review, and 2017 predictions” opus on Friday; and writing the MUST READ “why Bitcoin will make gold and silver go up” on Christmas Day; I wasn’t planning to write this morning.  However, several articles and news items inspired me to pen today’s offering; which per its self-evident title, suggests we may be amidst perhaps the best Precious Metals buying opportunity since a year ago, when prices bottomed theday the Fed, LOL, “raised rates” to “preserve credibility – when none exists.”
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Has The “Conspiracies” Trigger Word Finally Run Its Course?

by Bernie Suarez, The Sleuth Journal:
Hollywood calls it jumping the shark, it’s that moment when all has been done and peak has been obtained. The point when the beginning of the end has just begun. The journey of the word “conspiracies” and the phrase “conspiracy theory” has reached its glory days. The trigger word worked for a while. For long we were led to believe that if someone was accused of being a conspiracy theorist they were automatically wrong and automatically lunatic. Not proven wrong or proven lunatic, but simply wrong and lunatic. Remember those days?
Yes, I’m aware this thinking still exists today, but didn’t it lose some of its intensity over the last few years? Thankfully, the percentage of humanity that reasons this way is slowly and progressively diminishing. How do I know? All of us are hardwired for survival. That’s right, regardless of what your experience and personal views and opinions may be, all of us are naturally inclined toward survival. We naturally detect danger and run away from it to protect ourselves from that danger.
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New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said), but the Numbers Get Hushed up

by Wolf Richter, Wolf Street:
Hardly any improvement for individuals since the Great Recession.
When Donald Trump campaigned on how “terrible” the jobs situation was, while the Obama Administration touted the jobs growth since the employment bottom of the Great Recession in 2010, it sounded like they were talking about two entirely different economies at different ends of the world. But they weren’t. Statistically speaking, they were both right.
Since 2011, the US economy created 14.6 million “nonfarm payrolls” as defined by the Bureau of Labor Statistics – whether or not they’re low-wage or less than full-time jobs. But for individuals, this job market, statistically speaking, looks almost as tough as it was during the Great Recession.
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IF Barack Obama Leaves Office, He’ll Slink Away Covered In The Blood Of The Innocent – Will Leave Behind Legacy Of Terrorism, Death And Destruction After 8 Years In Office

by Stefan Stanford, All News Pipeline:
While Logging In Thousands Of Hours On The Golf Course Courtesy Of The US Taxpayer
While the dying mainstream media will call the proven fact that the United States is arming terrorists in Syria and elsewhere around the world ‘fake news’, the fact that Hawaii Democrat Congresswoman Tulsi Gabbard, herself a United States Veteran, recently submitted the STOP ARMING TERRORISTS ACT to US Congress proves to us the MSM is wrong again.
And while incoming US president Donald Trump has promised to stop the decades old practice of the US overthrowing dictatorial regimes (which led to the US either imposing their own dictators or leaving a massive vacuum of power that has led to the rise of the Islamic state terrorists who are waging jihad against America and the west), Barack Obama leaves office in just over 3 weeks covered in the blood of the innocent, leaving a legacy of death, destruction and terrorism in his wake.
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Mass Graves Discovered in Liberated Areas of Aleppo, Once Held by US Backed “Moderate Rebels”

by Alex Christoforou, The Duran:
Corpses were found with missing body parts, and most had gunshot wounds to the head.
Russian Defense Ministry has unearthed mass graves with dozens of bodies of civilians subjected to brutal torture in Aleppo neighborhoods that were under the control of Al Qaeda-ISIS militants, or the guys that the Obama White House prefers to brand as “moderate rebels.”
Read More


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