Friday, October 30, 2015

Obama Set To Announce US Boots On The Ground In Syria, Russia Threatens Deployment "Unacceptable"



According to multiple reports, the Obama administration is set to send dozens of "military advisers" to Syria. They will serve in an "advise and assist" role in the effort to rout ISIS. Cutting through the obfuscation: Washington needs to figure out how to salvage its strategy in Syria - and fast. Make no mistake, this will be a disaster...

Television News Network Lobbyists Are Fundraising for Hillary Clinton

by Lee Fang, The Intercept:
Over the last two presidential debates, both Democratic and Republican candidates have asserted that the television news media is biased and has done a poor job informing voters of the most pressing issues in the election.
And while their focus is on things like the type of questions asked by debate moderators, they are overlooking much clearer signs of potential conflicts of interest. Fundraising disclosures released this month and in July reveal that lobbyists for media companies are raising big money for establishment presidential candidates, particularly Hillary Clinton.
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And We The Sheeplez Sleep... Remember...Smart people...Look like Crazy people...to Dumb people...

U.S. Company Hoards Gold & Food in Preparation for Economic Collapse

from Junius Maltby:




Caught On Tape: ISIS, Meet Russian Mi-24 Attack Helicopter

“Allahu Akbar”...



Untangling America From The American Empire

For America to come home and untangle itself from the Imperial Project, it will have to do more than not meddle in everyone else's affairs; it will have to learn to live within its means--what it earns from producing goods and services, not what it skims from global financialization.



The Shale Massacre: Chevron Fires Another 7,000 After Laying Off 1,500 Three Months Ago

Even though Chevron said in July that its cost-cutting initiatives would be "completed by mid-November of 2015" it decided to surprise everyone moments ago when on its earnings call it announced it would not only slash its capex by another 25%, but will shortly distribute another 7,000 pink slips. The reason: another terrible quarter in which the $2 billion in earnings were a 73% plunge from a year earlier.



UMich Warns "Disinflationary Mindset Is Taking Hold" As Inflation Expectations Crash To Record Lows

"A disinflationary mindset is taking hold," warns UMich's Curtin explaining, "Consumers are demanding discounts to spend, and are disappointed... have lower aspirations to spend."



First They Jailed The Bankers, Now Every Icelander To Get Paid Back In Bank Sale

First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.

Chicago PMI Soars To Highest Since January With 7-Sigma Beat On Huge Inventory Build

Looks right!!?







If You Own Apple Stock, This Is What You Are Betting...

"No brainer"? Seems to us like there’s only one way for things to go right and lots of ways for things to go wrong.

Obama, Kerry Throw In The Towel: US Prepared To Accept Assad Regime In Syria






Bill Ackman Defends Valeant, Herbalife Trolls Pershing Square - Live Webcast

“I hope Bill Ackman has done more research on Valeant than he did on Herbalife, Target, Borders and JC Penny,” said Alan Hoffman, executive vice president, global corporate affairs, Herbalife.




Recovery Wrecked: American Employee Compensation Dropped In September For The First Time Since July 2013

Despite all the promises, all the surveys, all the expectations that wage growth is coming (any minute now), September crushed the hopes (and changes) and dreams of Americans as, for the first time since July 2013, Compensation of Employees fell month-over-month. Recovery?



China Warns U.S. It Risks Sparking A War If It Doesn't Stop "Provocative Acts"

"If the United States continues with these kinds of dangerous, provocative acts, there could well be a seriously pressing situation between frontline forces from both sides on the sea and in the air, or even a minor incident that sparks war."



Savings Rate Rises To Highest Since April As Spending, Income Growth Drops

The mid-year bounce is over. Both Personal Income (+0.1% vs +0.2% exp) and Personal Spending (+0.1% vs +0.2% exp) missed expectations and slowed dramatically. This is the weakest spending growth since January and weakest income growth since March driving the savings rate to its highest since April.



SUNE Slumps After Buy-The-Tepper-Rumor Fails

Sun Edison's meltup yesterday on news that hedge fund manager David Tepper would be appearing on CNBC (and nothing else) has been entirely removed as Tepper exclaimed this morning, with regard rumors "there must be some really good ganja coming into the country." Well if that doesn't sum up the entire market, we don't know what does...



Bullish Fund Flows Return With A Vengeance: Largest Equity Inflow In 6 Weeks; Money Put Into Bonds, Commodities

The bullish fund flows are back. This is how Bank of America summarizes the latest EPFR capital flow sentiment: "Loving Wall Street: $15bn equity inflows + $5bn HY/IG inflows + 6 straight weeks of commodity inflows = investors are "risk-on."



Yuan Soars Most In A Decade As China Moves To Relax Capital Controls

As Beijing fights to keep "Mr. Chen" and his "yellow loafers," tea, and Snickers bars from smuggling billions out of the country on behalf of Chinese citizens fearing an economic implosion and a double-digit deval, capital account convertibility may counterintuitively be one of the PBoC's most effective weapons as loosening capital controls will both calm the panicked masses and support the IMF SDR bit. Still, as Citi's David Lubin puts it, "China should expect to see gross capital outflows for the foreseeable future [and] it's not even clear that SDR inclusion will lead to a net capital inflow to China." 

The Demobilization of the American People and the Spectacle of Election 2016

by Tom Engelhardt, Tom Dispatch:
You may not know it, but you’re living in a futuristic science fiction novel. And that’s a fact.  If you were to read about our American world in such a novel, you would be amazed by its strangeness.  Since you exist right smack in the middle of it, it seems like normal life (Donald Trump and Ben Carson aside).  But make no bones about it, so far this has been a bizarre American century.
Let me start with one of the odder moments we’ve lived through and give it the attention it’s always deserved.  If you follow my train of thought and the history it leads us into, I guarantee you that you’ll end up back exactly where we are — in the midst of the strangest presidential campaign in our history.
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Nobody Died At Sandy Hook — Jim Fetzer

from Media Broadcasting Center Official Channel:


How soon can we get AIPAC owned traitors out of Congress ?

from VT:
The only Member of the sitting US Congress we can document so far that has refused to sign the AIPAC Loyalty Oath to put Israel first even before America is Representative Walter Jones.
Despite AIPAC efforts to get him un-elected he was re-elected Congress anyhow, unlike the great and fearless American Hero former US Representative Cynthia McKinney, a true American Patriot who tells the truth, the whole truth.
Representative McKinney refused to sign this AIPAC Loyalty Oath to put Israel first even over America, which of course would be a direct violation of the Oath of Office any Member of Congress takes upon being seated.
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False Flag Alert: Spy Chief Warns Of Terrorist Mass Attack

from Spiro:


The Constitution’s Big Lie

from Antonius Aquinas:
One of the greatest hoaxes ever perpetrated upon Americans at the time of its telling and which is still trumpeted to this very day is the notion that the U.S. Constitution contains within its framework mechanisms which limit its power. The “separation of powers,” where power is distributed among the three branches – legislative, executive, judicial – is supposedly the primary check on the federal government’s aggrandizement.
This sacred held tenet of American political history has once again been disproved.
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US Needs Ground Troops In Syria To Push The Agenda Of Removing Assad

from X22Report:



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