Wednesday, March 29, 2017

Jim Rogers Warns, The Fed "Has No Clue... Will Ruin Us All"

"this is all going to end very, very, very badly...propping up zombie banks and dead companies is not the way the world is supposed to work."

Obamacare 'Explosion' Could Come On May 22nd, Here's Why

"The Democrats will make a deal with me on healthcare as soon as ObamaCare folds - not long. Do not worry, we are in very good shape!"

Could This Be the Most Versatile Firearm to Use in a SHTF Scenario?

by Jeremiah Johnson, Ready Nutrition:
Well, ReadyNutrition firearms enthusiasts, we are following up our .45 ACP article with another piece on a superb cartridge…the .357 magnum round. Invented by Phil Sharpe and Elmer Keith, the .357 magnum (hereafter referred to in this piece as the “.357”) is a very versatile and highly-dependable cartridge that has been around for almost one hundred years. Introduced in 1935, it is an “evolution,” so to speak from the .38 caliber round. It has an interesting history that should raise more than a few eyebrows.
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FBI Arrests State Department Employee For Contacts With Chinese Spies

In an example of a FISA-warranted surveillance done right, on Wednesday the FBI announced the arrest of a State Department employee with access to top secret information, who was accused of failing to report numerous contacts with Chinese foreign intelligence agents who provided her with "tens of thousands of dollars in gifts and benefits" in exchange for diplomatic and economic information.

Republicans To Try Another Obamacare Vote Next Week

In an otherwise quiet day on the political front, moments ago Bloomberg dropped the surprising news of the day with a report that House Republicans are considering another try next week at passing the health-care bill they abruptly pulled last Friday in an embarrassing setback to their efforts to repeal Obamacare.

Two Fed Presidents Warn Markets Getting "Frothy", Valuations "May Come Down"

In what was the clearest sign to date that the Fed is targeting the stock market bubble with its rate hikes, today not one but two Fed presidents warned that the market is getting "a little rich", that "valuations may be a little frothy", and that the record "wealth to income ratio is a reason to keep raising rates."

After Brexit, 9 Reasons To Be Bullish On Great Britain

Today Mrs. May finally officially announced Brexit and kicked-off the process of divorce from the EU. A disaster for Britain, according to officials in Brussels, Berlin and Paris. Really? Whenever there is broad consensus it is worthwhile to challenge it.

St. Louis Just Hiked Minimum Wage By 43%; Guess What Happens Next

"A new analysis by Dr. David Macpherson of Trinity University and Dr. William Even of Miami University finds that an $11 minimum wage in St. Louis would cost the city roughly 1,000 jobs, with the job loss mostly occurring among the city’s most vulnerable populations."

Satellite Imagery Suggests North Korea Actively Preparing For Nuclear Test

Satellite imagery of North Korea's Punggye-ri Nuclear Test Site taken on March 28, and published by 38 North, shows a contingent of 70-100 people standing in formation in an administrative area. Such a gathering suggests a nuclear test may be imminent: as 38 North notes, it had not observed such a formation at the test venue seen since Jan. 4, 2013, shortly prior a nuclear test on Feb. 12 of that year.

Meet The Mercers - The Most Powerful Family You've Never Heard Of

History is full of powerful families that have left their mark on the political and economic systems of their age. More recently, the Koch brothers have drawn attention to themselves... However, under the Trump administration, a new family is entering the generally cemented world of D.C. power-grabbing...

Banks To London Employees: "Don't Panic"

With Brexit officially a go, banks in Britain are scrambling to undo months of verbal damage, and reassure their London employees over possible Brexit disruptions, a potential shift in jobs to continental Europe, and also talking down warnings made in recent months about leaving the City, some in now dashed hopes of getting a Brexit revote.

Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers?

The recent drop in oil prices, which has almost wiped out the price gains since OPEC announced its supply-cut deal, is coming just ahead of the spring season when banks are reassessing the credit lines they are extending to support drillers’ growth plans.


from InfoWars:
Liberal propagandist Michael Moore said Monday afternoon on Twitter that President Donald Trump will cause the “extinction of human life on earth.”
Liberal propagandist Michael Moore said Monday afternoon on Twitter that President Donald Trump will cause the “extinction of human life on earth.”
“Historians in the near future will mark today, March 28, 2017, as the day the extinction of human life on earth began, thanks 2 Donald Trump,” Moore tweeted.
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WARNING: U.S. Ponzi Retirement Market In Big Trouble, Protect With Precious Metals

by Steve St. Angelo, SRSRocco Report:
he U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions. Actually, the amount of net withdrawals were the highest in history. When payouts become larger than contributions… then we have the making of the typical PONZI SCHEME.
Americans who have invested their hard-earned money into a 401K, had no idea that it was the Greatest Ponzi Scheme in history. Unfortunately, when the markets crack, so will the value of the U.S. Retirement market. On the other hand, Americans who were wise enough to purchase physical precious metals will protect their wealth as the U.S. Paper Retirement Market collapses.
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Recent TSA Molestation Video Proves Americans Have Become Authority Worshipping Slaves

This is not what freedom looks like...

Is The Chinese Visa Bubble Popping?

by James Corbett, The International Forecaster:
Riddle me this: As we all know by now, China is bleeding capital, with a record $725 billion in outflows last year alone. Accordingly, the ChiComs have been flipping their lid, imposing new capital controls left and right to try and stop the bleeding. One of the most straightforward of these capital controls limits each Chinese citizen to $50,000 worth of foreign exchange transactions a year.
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When the “Solutions” Become the Problems

by Charles Hugh Smith, Of Two Minds:
Those benefiting from these destructive “solutions” may think the system can go on forever, but it cannot go on when every “solution” becomes a self-reinforcing problem that amplifies all the other systemic problems.
We are living in an interesting but by no means unique dynamic in which the solutions to problems such as slow growth and inequality have become the problems. This is a dynamic I have often discussed in various contexts. In essence, a solution that was optimized for an earlier era and situation is repeatedly applied to the present–but the present is unlike the past, and the old solution is no longer optimized to current conditions.
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Soros’s University May Shut Down in Crackdown by Hungary’s Orban

by Zoltan Simon and Andras Gergely, Bloomberg:
The crown jewel of billionaire financier George Soros’s educational and philanthropic network in his native Budapest said it may be forced to close if draft legislation targeting foreign-funded universities becomes law.
In a showdown with Prime Minister Viktor Orban, who’s pledged to eradicate liberal democracy in Hungary, Soros’s Central European University said a bill submitted to parliament by Human Resources Minister Zoltan Balog targets the school “directly.” Balog, who’s in charge of education, said “national security considerations” and ensuring that university courses meet “foreign policy priorities” required amending current legislation.
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Good Cop Quits, Crosses Blue Line After Video Shows Fellow Cops Allow K9 to Maul Innocent Man

by Matt Agorist, The Free Thought Project:
St. Paul, MN — On the night of June 24, 2016, Frank Baker ‘fit the description’ of a ‘black man’ in the area, so he was attacked by police and their K9. For several minutes, Baker was beaten, tasered, and viciously mauled by their K9. Also at the scene that fateful night was officer Tony Spencer — whose dashcam recorded the violent assault on Baker, who was entirely innocent.
That night, Spencer and his partner responded to a call, which ended up being fake, about a man with dreadlocks wearing a white t-shirt and armed with a gun.
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by Josh Begley, The Intercept:
FIVE YEARS AGO, I made a simple iPhone app. It would send you a push notification every time a U.S. drone strike was reported in the news.
Apple rejected the app three times, calling it “excessively objectionable or crude content.”
Over the years, I would occasionally resubmit the app, changing its name from Drones+ to Metadata+. I was curious to see if Apple might change its mind. The app didn’t include graphic images or video of any kind — it simply aggregated news about covert war.
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