Obama Goes Full Stalin: Tells Secret Court To Ignore Law He Signed 4 Hours Earlier, Extend Illegal NSA Surveillance

Submitted by Tyler Durden on 06/09/2015 - 17:51
Just when we thought the absurdity that marks every single day of Obama's reign could not possibly be surpassed, we learned that 4 hours (3 hours and 47 minutes to be precise) after the US president vowed to sign a new law banning bulk data collection by the NSA (named, for purely grotesque reasons, the "USA Freedom Act"), the Obama administration asked the secret Fisa surveillance court to ignore a federal court that found bulk surveillance illegal and to once again grant the National Security Agency the power to collect the phone records of millions of Americans for six months.

Idaho School Arms Its Teachers As Defense Against Violent Criminals

Submitted by Tyler Durden on 06/09/2015 - 16:49

MSCI "On Track" For China Inclusion But Warns Liquidity Remains An Issue

Submitted by Tyler Durden on 06/09/2015 - 17:33 MSCI has not decided to include China stocks in its index yet - as opposed to what mainstream media believes. MSCI instead says the inclusion is "on track" for inclusion but there remains three significant hurdles including liquiidty restrictions.

Why Adding China To The MSCI Indices Could Be A Disaster (In 1 Simple Chart)

Submitted by Tyler Durden on 06/09/2015 - 16:20 Chinese stocks are around 4 times more volatile than the current MSCI World index... in other words, if asset allocators maintain current equity weightings then portfolio risks will soar (if China is added). But given that most risk budgets are fixed, rising volatility in the equity portion of portfolios (from adding China) will require rotation out of equities and into bonds (or lower vol assets) in order to maintain VaR limits. Be careful what you wish for...

Leaking Las Vegas

Submitted by Tyler Durden on 06/09/2015 - 17:20 What happens in Vegas, stays in Vegas... apart from the water. As the following interactive chart from ProPublica shows, water usage in the greater Las Vegas region has more than doubled in the last 40 years and with the drought conditions, every reservoir is near record lows. Welcome To Las Vegas (while water supplies last).

Stocks Slide To Weakest Consecutive Close Since October's Bullard Bounce

Submitted by Tyler Durden on 06/09/2015 - 17:06

Crude Oil Jumps After API Reports Significant Inventory Draw

Submitted by Tyler Durden on 06/09/2015 - 16:35 While API and DOE data has not exactly been consistent recently, the fact that API reported a huge 6.7 million barrel inventory draw for the last week is significant. Of course, all eyes will be focused on production data tomorrow but for now, WTI prices are up at the highs of the day.

What’s Wrong With The Administration’s Trade-Deal Arguments

Submitted by Tyler Durden on 06/09/2015 - 15:53 What’s really at issue here is a transfer from national democratic sovereignty to, instead, international-corporate sovereignty, in which international coporations will have locked-in an international dictatorial control over a large portion of what it is that national governments do, and necessarily must do, in order to serve the public good. The whole thing is a corrupt con-job.

"That’s An Interesting Conspiracy Theory"

Submitted by Tyler Durden on 06/09/2015 - 15:04 David Nicholls: “Banks do not collude to try to set a Libor rating. “I think I am just hearing a lot of hysteria about Libor that is just misinformed."
John Ewan: “A cabal of them could.”
Nicholls: “What’s a cabal?”
Ewan: “A group together could."
Nicholls: “That’s an interesting conspiracy theory."

Russian Nuclear Bombers Grounded After Plane Skids off Runway, Injures Crew

Submitted by Tyler Durden on 06/09/2015 - 14:43 A Russian Tu-95 has overshot the runway after taking off in Russia’s Far East, resulting in injuries to several crewmembers. The four-engine Tu-95 (NATO codename Bear) is a long-range strategic bomber capable of carrying nuclear warheads. As RT reports, the accident has prompted the Russian Defense Ministry to temporarily freeze all flights carried out by the aircraft.

Why is the Pentagon shipping anthrax all over the place in the first place?

by J. D. Heyes, Natural News:
In late May, it was reported that the Defense Department had inadvertently shipped a few live samples of anthrax to several labs – most of them in the U.S., but at least one sample to a U.S. military base in South Korea.
CNN further reported that the military not only sent live anthrax recently to facilities in the U.S. and South Korea but may have also inadvertently sent live samples to Australia in 2008 or 2009. The shipments all originated from an Army lab in Utah.
However, in recent days, the Pentagon has been forced to admit that it actually shipped live anthrax to dozens more labs in the U.S., in addition to more countries. As reported by the L.A. Times:
Read More @ NaturalNews.com

TSA FAIL: TSA allowed 73 Airport Employees with Links to Terrorism to work at Nation’s Airports

from Off Grid Survival:

Only a week after a report surfaced showing the Transportation Security Administration (TSA) failed to catch explosives and weapons going through their airport security checkpoints in 96% of their tests, the TSA is again showing how utterly incompetent they are at keeping us safe.
Today, the TSA admitted that they failed to flag at least 73 airport employees who had direct ties to terrorism. Not only did they fail to flag them, but according to the TSA they actually cleared them for access to secure airport areas.
Despite spending over a trillion dollars on Homeland Security, and claiming that the creation of DHS would help federal agencies better communicate on terror related issues, it seems the federal government has setup a system which is no better than what we had before 9/11.
Read More @ OffGridSurvival.com

Billionaire: “We Are Destroying the Middle Class. That’s What Keeps Me Awake at Night.”

by Alex Thomas, SHTFPlan:
“We’re in for a huge change in society. Get used to it. And be prepared.”
That’s not a new message, but as the warning will affect the personal wealth, job prospects and ability to stay afloat of nearly everyone on the planet, it is worth paying attention to.
They are the blunt words of Johann Rupert, a jewelry and fashion mogul from South Africa worth an estimated $7.5 billion.
Rupert blasted the actions of “.1 percent of .1 percent,” or roughly the upper 7,000 individuals of the population, which paints with a narrower brush than the general class warfare slogans against the 1%, who instead make up an enormous 70 million people across the globe.
Read More @ SHTFPlan.com

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