from Zero Hedge:
ust days after George Soros warned that World War 3 was imminent
unless Washington backed down to China on IMF currency basket
inclusion, the hacker collective CyberBerkut has exposed the
billionaire as the real puppet-master behind the scenes in Ukraine. In 3
stunning documents, allegedly hacked from email correspondence between
the hedge fund manager and Ukraine President Poroshenko, Soros lays out “A short and medium term comprehensive strategy for the new Ukraine,” expresses his confidence that the US should provide Ukraine with lethal military assistance,
“with same level of sophistication in defense weapons to match the
level of opposing force,” and finally explained Poroshenko’s “first
priority must be to regain control of financial markets,” which he
assures the President could be helped by The Fed adding “I am ready to call Jack Lew of the US Treasury to sound him out about the swap agreement.”
Read More @ ZeroHedge.com
ust days after George Soros warned that World War 3 was imminent
unless Washington backed down to China on IMF currency basket
inclusion, the hacker collective CyberBerkut has exposed the
billionaire as the real puppet-master behind the scenes in Ukraine. In 3
stunning documents, allegedly hacked from email correspondence between
the hedge fund manager and Ukraine President Poroshenko, Soros lays out “A short and medium term comprehensive strategy for the new Ukraine,” expresses his confidence that the US should provide Ukraine with lethal military assistance,
“with same level of sophistication in defense weapons to match the
level of opposing force,” and finally explained Poroshenko’s “first
priority must be to regain control of financial markets,” which he
assures the President could be helped by The Fed adding “I am ready to call Jack Lew of the US Treasury to sound him out about the swap agreement.”Read More @ ZeroHedge.com
If you're Fucked and you know it, clap your hands (clap clap)
If you're Fucked and you know it, clap your hands (clap clap)
If you're Fucked and you know it, then your face will surely show it...
If you're Fucked and you know it, clap your hands. (clap clap)
If you're Fucked and you know it, stomp your feet (stomp stomp)
If you're Fucked and you know it, stomp your feet (stomp stomp)
If you're Fucked and you know it, then your face will surely show it...
If you're Fucked and you know it, stomp your feet. (stomp stomp)
If you're Fucked and you know it, shout "I'm Fucked!" (I'm-Fucked!)
If you're Fucked and you know it, shout "I'm Fucked!" (I'm-Fucked!)
If you're Fucked and you know it, then your face will surely show it...
If you're Fucked and you know it, shout "I'm-Fucked!" (I'm-Fucked!)
If you're Fucked and you know it, do all three (clap-clap, stomp-stomp, I'm-Fucked!)
If you're Fucked and you know it, do all three (clap-clap, stomp-stomp, I'm-Fucked!)
If you're Fucked and you know it, then your face will surely show it...
If you're Fucked and you know it, do all three. (clap-clap, stomp-stomp, I'm-Fucked!)
Thank the Fuckers in the senate...(note all disrespect intended)
NSA Is Back Online After Senate Passes "USA Freedom Act"
Submitted by Tyler Durden on 06/02/2015 - 16:32While one should remain skeptical of just exactly what will happen, the Senate voted in the majority on Tuesday in favor of the USA Freedom Act, adopting the same version of the bill that had overwhelmingly passed the House of Representatives last month by 338-88. The USA Freedom Act (theoretically) ends the NSA’s bulk collection of phone metadata, it allows that information to be stored instead by telecommunications providers, which could then be accessed by intelligence agencies with a warrant. While sold as reigning in the agency’s surveillance powers, the bill allows the NSA to resume collecting intelligence... Realistically it appears nothing more than a great PR effort to bury the spy state even deeper
by Bill Holter, SGT Report:
You really have to wonder how it is that so much is going on all
around us yet almost nothing is being reported by the mainstream press. I
know it is hard to do, but imagine yourself 20 or 30 years ago, could
what is currently happening ever be “slept through” as it is today?
Could markets have just snoozed it off as if nothing bad “could” happen?
For example, the U.S. economy is in another recession. The 1st quarter GDP was revised to show a decline of -.7%. Do you know why the number was not worse? Because the BLS used as a very “special” assumption, a NEGATIVE inflation rate, if they used just a 1% inflation rate, GDP would have reported negative 2% plus! But wait, the funny part is this, the Fed at the same time is again bringing up tightening interest rates.
Read More…
You really have to wonder how it is that so much is going on all
around us yet almost nothing is being reported by the mainstream press. I
know it is hard to do, but imagine yourself 20 or 30 years ago, could
what is currently happening ever be “slept through” as it is today?
Could markets have just snoozed it off as if nothing bad “could” happen?
For example, the U.S. economy is in another recession. The 1st quarter GDP was revised to show a decline of -.7%. Do you know why the number was not worse? Because the BLS used as a very “special” assumption, a NEGATIVE inflation rate, if they used just a 1% inflation rate, GDP would have reported negative 2% plus! But wait, the funny part is this, the Fed at the same time is again bringing up tightening interest rates.
Read More…
Here's a chance for someone to pull their head out of their ass... and do something good for our country...
America's Biggest Secret: Wikileaks Is Raising A $100,000 Reward For Leaks Of The TPP
Submitted by Tyler Durden on 06/02/2015 - 15:30 What Wikileaks is doing would be utterly meaningless and unnecessary in any representative democracy. However, in a oligarchic corporatocracy such as the US, it is of critical importance.
Fed Mouthpiece Jon Hilsenrath Furious "Stingy" US Consumers Refuse To Buy The "Recovery" Propaganda
Submitted by Tyler Durden on 06/02/2015 - 13:38 Dear American Consumer,This is The Wall Street Journal. We’re writing to ask if something is bothering you. The sun shined in April and you didn’t spend much money. You have been saving more too. You socked away 5.6% of your income in April after taxes, even more than in March. This saving is not like you. What’s up?... The Federal Reserve is counting on you too. Fed officials want to start raising the cost of your borrowing because they worry they’ve been giving you a free ride for too long with zero interest rates. We listen to Fed officials all of the time here at The Wall Street Journal, and they just can’t figure you out.
from Zero Hedge:
Driven by no immediate fundamental or news catalyst, EURUSD is spiking (running stops to almost 1.1200) sending the USD index into yet another flash-crash this morning… as the carnage in bunds continues (+11bps to 65bps)…
USD Index is tumbling suddenly…
Read More @ ZeroHedge.com
Driven by no immediate fundamental or news catalyst, EURUSD is spiking (running stops to almost 1.1200) sending the USD index into yet another flash-crash this morning… as the carnage in bunds continues (+11bps to 65bps)…USD Index is tumbling suddenly…
Read More @ ZeroHedge.com
from Wolf Street:
Global growth is languishing, corporate revenues too, but CEOs are
trying to show they can grow their companies the quick and easy way.
Cheap debt is sloshing through the system while yield-hungry investors
offer their first-born to earn 5%. And this cheap debt along with
vertigo-inducing stock valuations have created the largest M&A boom
the US has ever seen, with May setting an all-time record.
There may be a sense of desperation among CEOs as the Fed’s cacophony evokes interest rate increases, the first since July 2006. So companies are issuing all kinds of cheap debt while they still can. Bond issuance has totaled over $100 billion per month in the US for the past four months, the longest such streak ever, according to Bank of America Merrill Lynch.
Read More @ Wolfstreet.com
Global growth is languishing, corporate revenues too, but CEOs are
trying to show they can grow their companies the quick and easy way.
Cheap debt is sloshing through the system while yield-hungry investors
offer their first-born to earn 5%. And this cheap debt along with
vertigo-inducing stock valuations have created the largest M&A boom
the US has ever seen, with May setting an all-time record.There may be a sense of desperation among CEOs as the Fed’s cacophony evokes interest rate increases, the first since July 2006. So companies are issuing all kinds of cheap debt while they still can. Bond issuance has totaled over $100 billion per month in the US for the past four months, the longest such streak ever, according to Bank of America Merrill Lynch.
Read More @ Wolfstreet.com
from TruthNeverTold:
by Jeff Nielson, Bullion Bulls:
As regular readers are well aware; the bubble-and-crash cycles
manufactured by the Western banking cartel and its central banks are
nothing but organized crime. What makes this scripted, financial theater
so absurd (and infuriating) is that there are very rigid and obvious
patterns as these systemic crimes are perpetrated.
The most obvious (and rigid) pattern to this organized crime is timing. The bubble-and-crash cycles are almost precisely eight years long, reflecting the U.S. presidential cycle. For administrative convenience; each U.S. puppet-president now serves two terms apiece. The Corporate media (another tentacle of the One Bank) “blames” the outgoing regime as the villain/scapegoat for the crash, and hails the incoming regime as the White Knight who will “fix everything”.
For this banking crime syndicate, which has (literally) bought-and-paid-for both parties, nothing changes except the colour of their servants’ stripes. Neat and tidy. The Perfect Crime.
Read More @ Bullionbullscanada.com
As regular readers are well aware; the bubble-and-crash cycles
manufactured by the Western banking cartel and its central banks are
nothing but organized crime. What makes this scripted, financial theater
so absurd (and infuriating) is that there are very rigid and obvious
patterns as these systemic crimes are perpetrated.The most obvious (and rigid) pattern to this organized crime is timing. The bubble-and-crash cycles are almost precisely eight years long, reflecting the U.S. presidential cycle. For administrative convenience; each U.S. puppet-president now serves two terms apiece. The Corporate media (another tentacle of the One Bank) “blames” the outgoing regime as the villain/scapegoat for the crash, and hails the incoming regime as the White Knight who will “fix everything”.
For this banking crime syndicate, which has (literally) bought-and-paid-for both parties, nothing changes except the colour of their servants’ stripes. Neat and tidy. The Perfect Crime.
Read More @ Bullionbullscanada.com
Greece Faces Moment Of Truth: Troika To Present Final Offer On Wednesday
Submitted by Tyler Durden on 06/02/2015 - 20:45 The troika has rejected Alexis Tsipras' "realistic" draft agreement and have crafted what amounts to a take-it-or-leave-it deal which will be presented to the Greek PM on Wednesday, Reuters reports.Filed under White Trash...
Caught On Tape: Hillary Puts "Everyday American" In Her Proper Place
Submitted by Tyler Durden on 06/02/2015 - 20:25 Presented with little comment aside to note that every now again the truth bubbles out from behind the mask...
This Is What Market Mania Looks Like
Submitted by Tyler Durden on 06/02/2015 - 20:22 Following the Chinese stock market's worst drop in recent history, a record-smashing 4.4 million new 'investors' opened stock-trading accounts last week, confirming that - despite the words (but no actions) of the regulators - China's BTFD market mania (after all the PBOC will just bail them out, right?) is in absolute full swing.Actually the difference between a Douche Bag and a Turd...
The Difference Between Republicans & Democrats
Submitted by Tyler Durden on 06/02/2015 - 18:00 What do "everyday Americans" do for a living compared to "average Joes"?Blood On The Street In The Big Boys' Markets: Bonds & Dollar "Blatter"-ed
Submitted by Tyler Durden on 06/02/2015 - 16:53
Greece Breaks America's Heart, Will Sign MOU With Russia For Gas Pipeline
Submitted by Tyler Durden on 06/02/2015 - 15:00 Greece has received what The New York Times recently described as “dueling sales pitches” on two proposed natural gas pipelines, with the US pressing Athens to support The Southern Gas Corridor rather than Gazprom's Turkish Stream project. It appears Moscow may have made the more convincing case because, much to Washington's dismay, Greece is set to sign an MOU for the Greek portion of The Turkish Stream pipeline in June.
Bernanke On China Power Grab: "All That's Happening Is Congress' Fault"
Submitted by Tyler Durden on 06/02/2015 - 13:20 “The US Congress is largely at fault for all that’s happening,” the former chairman of the Federal Reserve said in Hong Kong on Tuesday. What’s interesting here is the tendency for Americans to view the AIIB as something that was ultimately created by the US — even if only inadvertently.Filed under Who Fucking Cares...
FIFA President Sepp Blatter Resigns, Calls For New Elections: Live Feed
Submitted by Tyler Durden on 06/02/2015 - 12:44 Following overnight news that yet another former FIFX executive, this time Jerome Valcker, former top deputy to FIFA president Sepp Blatter, may be involved in the latest money laundering and corruption scandal, one involving a $10 million transfer of funds, which has been presented as an alleged payment of bribes over South Africa's bid to host the 2010 World Cup, moments ago the FIFA president announced he would hold an imprompty press conference. Will Blatter finally announced his resignation? Find out now.
It's Official: The "Helicopter Money" Calls Have Begun
Submitted by Tyler Durden on 06/02/2015 - 12:20 In April we said that "sooner or later, in order to avoid liquidation and stave off severe disinflationary pressures, someone will have to call in "Helicopter Janet" and once the cash paradropping begins well, we'll see you in the Weimar Republic." Sure enough, the semi-official calls for helicopter drone cash drops have arrived.
China Goes Full BTFD-tard: Record New Trading Account Openings Send Stocks Up 16% In 2 Days
Submitted by Tyler Durden on 06/02/2015 - 12:17 After scaring millions of freshly created stock market speculators with a 10% 'correction' last week, it appears the PBOC's wealth-effect-creating, fix-the-leverage-overhang-with-temporary-stock-exuberance strategy was put into action with a record-smashing 4.4mm new accounts opened. Since Friday's lows, CHINEXT - China's tech-focused index - is up an astounding 16% (the largest ever 2-day swing). The Shenzhen Composite has also soared over 12% to fresh highs but we note the broadest-based Shanghai Composite has yet to make it back to last week's highs (even though it is up 9% from last week's lows).
from Sean Kerrigan:
In today’s online version of the paper, WSJ writer Jon Hilsenrath
blames you for the poor “recovery.” Here’s a brief excerpt of the story
headlined “A Letter to Stingy American Consumers,” edited only for brevity:
In today’s online version of the paper, WSJ writer Jon Hilsenrath
blames you for the poor “recovery.” Here’s a brief excerpt of the story
headlined “A Letter to Stingy American Consumers,” edited only for brevity:
Dear American Consumer,
This is The Wall Street Journal. We’re
writing to ask if something is bothering you. The sun shined in April
and you didn’t spend much money… You have been saving more too. You
socked away 5.6% of your income in April after taxes, even more than in March. This saving is not like you. What’s up?
We know you experienced a terrible shock
when Lehman Brothers collapsed in 2008 and your employer responded by
firing you. We know stock prices collapsed and that was shocking too. We
also know you shouldn’t have taken out that large second mortgage
during the housing boom to fix up your kitchen with granite countertops.
You’ve been working very hard to pay off this debt and we admire your
fortitude. But these shocks seem like a long time ago to us in a newsroom. Is that still what’s holding you back?
Read More…
by Dan Popescu, Gold Broker:
So many articles and books have been written about gold as money, but
so few about silver. However, a lot more silver has been used as money
than gold, mostly because of its lower value and therefore being easier
to transact for day-to-day needs. Throughout history, three metals have
dominated the monetary world: gold (electrum), silver (sterling) and
copper (bronze). Gold mostly for large transactions, silver for medium
transactions, and copper for small transactions.
Any United States dime (10 cents), quarter-dollar, half-dollar or dollar that is dated 1964 or earlier was made of 90% silver. Half- and one-dollar coins dated 1971 or earlier were also made of 90% silver. In Switzerland until 1967, the 50 centime-, one franc-, two franc- and five franc- coins were silver coins. In French the word for money is “argent”, meaning silver, while in the UK, they still call the British pound Sterling, even though there is no more silver in any of the legal tender British coins.
Read More @ GoldBroker.com
So many articles and books have been written about gold as money, but
so few about silver. However, a lot more silver has been used as money
than gold, mostly because of its lower value and therefore being easier
to transact for day-to-day needs. Throughout history, three metals have
dominated the monetary world: gold (electrum), silver (sterling) and
copper (bronze). Gold mostly for large transactions, silver for medium
transactions, and copper for small transactions.Any United States dime (10 cents), quarter-dollar, half-dollar or dollar that is dated 1964 or earlier was made of 90% silver. Half- and one-dollar coins dated 1971 or earlier were also made of 90% silver. In Switzerland until 1967, the 50 centime-, one franc-, two franc- and five franc- coins were silver coins. In French the word for money is “argent”, meaning silver, while in the UK, they still call the British pound Sterling, even though there is no more silver in any of the legal tender British coins.
Read More @ GoldBroker.com
from NextNewsNetwork:
by Jeff Berwick, Dollar Vigilante:
One of the most difficult things for me, personally, is seeing what is
going on, knowing (more or less) where it is going and then talking to
people who have no idea what is going on and are absolutely unprepared.
I often receive messages via email, through our website or on places like Facebook, which say, “I currently live in the US and survive on a pension that pays me $3,000/month which doesn’t go very far in the US and so I want to look at expatriating to a cheaper and nicer locale, what should I do?”
Of course, for what I see coming, I recommend anyone who can to get out of the US now while they still can. But, in the case of those on pensions, I fear that they are being irrationally comfortable that their pension will still exist even a year or two from now. And, because of that, I fear they may move somewhere and just find themselves in a new place, unable to speak the local language, without a group of trusted friends and family around them, who are dead broke… penniless. I have visions of American street people, homeless, around the world, begging for money. Of course, that’s a big reason why we have set-up TDV Groups, which is a worldwide network of libertarian expats, to help… but I think people are being far too casual in presuming their pensions will just keep rolling in for a long time to come.
Read More @ DollarVigilante.com
One of the most difficult things for me, personally, is seeing what is
going on, knowing (more or less) where it is going and then talking to
people who have no idea what is going on and are absolutely unprepared.I often receive messages via email, through our website or on places like Facebook, which say, “I currently live in the US and survive on a pension that pays me $3,000/month which doesn’t go very far in the US and so I want to look at expatriating to a cheaper and nicer locale, what should I do?”
Of course, for what I see coming, I recommend anyone who can to get out of the US now while they still can. But, in the case of those on pensions, I fear that they are being irrationally comfortable that their pension will still exist even a year or two from now. And, because of that, I fear they may move somewhere and just find themselves in a new place, unable to speak the local language, without a group of trusted friends and family around them, who are dead broke… penniless. I have visions of American street people, homeless, around the world, begging for money. Of course, that’s a big reason why we have set-up TDV Groups, which is a worldwide network of libertarian expats, to help… but I think people are being far too casual in presuming their pensions will just keep rolling in for a long time to come.
Read More @ DollarVigilante.com
from DAHBOO777:
from The Daily Sheeple:
When discussing the idea of a free society—meaning a stateless
society—I often use Las Vegas casinos as an example of how
market-provided police forces would be much more secure, effective, and
efficient than the government-provided police forces we all currently
live (and suffer) under.
If you spend any time whatsoever in any casino here in Vegas, you’ll immediately notice that there are private security officers everywhere, both uniformed and plain-clothed. And cameras. Lots of cameras.
And something else you’ll likely notice, which may seem odd: those security officers are some of the nicest, most respectful, honorable people you’ll meet.
Read More @ TheDailySheeple.com
When discussing the idea of a free society—meaning a stateless
society—I often use Las Vegas casinos as an example of how
market-provided police forces would be much more secure, effective, and
efficient than the government-provided police forces we all currently
live (and suffer) under.If you spend any time whatsoever in any casino here in Vegas, you’ll immediately notice that there are private security officers everywhere, both uniformed and plain-clothed. And cameras. Lots of cameras.
And something else you’ll likely notice, which may seem odd: those security officers are some of the nicest, most respectful, honorable people you’ll meet.
Read More @ TheDailySheeple.com
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