While the French Prime Minister, Manuel Valls, labors strenuously to instigate fear among the French people, his president, François Hollande, goes out of his way to beg for more power for the State.
The fearmongering achieved its goal. The French National Assembly
reached an agreement, almost unanimously, to extend the state of
emergency until February 26 and expand police powers.Six votes against and 551 in favor reflected the absence of debate in a society that has lost freedoms and whose people reject radical Islam, but accept radical government.
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Do Not Panic America - Elite FBI Teams Are Tracking At least 48 "High Risk" ISIS Suspects In The US
Submitted by Tyler Durden on 11/27/2015 - 11:01 They are among us, appears to the message being delivered to America this Thanksgiving holiday. As Fox News reports, elite FBI teams are tracking at least 48 "high-risk" ISIS suspects within the U.S., as Republican Senator Dan Coats, who is on the Select Committee on Intelligence, said "there is a very significant number of people that are on suspicious watch lists, under surveillance... it's almost overwhelming."
Salting The Economy To Death
Submitted by Tyler Durden on 11/27/2015 - 10:33 The fundamental fact is that the current financial and economic paradigm, characterized by heavy handed Federal Reserve intervention into credit markets, is dying. Debt based stimulus is both sustaining and killing the economy at the same time.
Putin Accuses Obama Of Leaking Flight Details To Turkey After Russia Releases Video Of S-400 SAM Deployment In Syria
Submitted by Tyler Durden on 11/27/2015 - 10:15 While the deployment of the Russian SAM missiles was already known, the real message from today's presser, the one that will be the topic of a private and "serious talk with Russia's US partners", is that Putin indirectly blames Obama for what happened on Tuesday realizing that Erdogan was merely the "executor", one who is simply motivated to protect his (and his son's) Islamic State oil routes.
Turkey Arrests Journalists Who Exposed Erdogan's Weapons Smuggling To Extremist Syrian Rebels
Submitted by Tyler Durden on 11/27/2015 - 09:57 Banana Republic 101: when the despotic president of a corrupt regime is faced with facts exposing his lllegal activity, what does he do? He arrests and journalists who discovered said facts, and demands they spend the rest of their lives behind bars. Welcome to Turkey.
Juncker Warns Euro Is Doomed, "Pointless" If Schengen Fails
Submitted by Tyler Durden on 11/27/2015 - 09:32 As Europe's democratically elected leaders (and the people they represent) grow increasingly wary of the tsunami of refugees flooding their nations, prompting calls for restrictions on visa-free travel and an end to the so-called Schengen agreement, unelected EU leaders, clinging to their centralized power, are increasingly warning of the consequences of any restrictions. As EUObserver reports, EU Commission president Jean-Claude Juncker warned that the euro is pointless if people can't move around freely to use it.
Will Low Oil Prices Increase Internal Instability In Conflict Countries?
Submitted by Tyler Durden on 11/27/2015 - 09:08 With over 1.6 million internally displaced in South Sudan, and another 600,000 refugees in neighboring countries, are oil price declines exacerbating humanitarian crises in oil-producing African countries, and can we expect further deterioration as a result of the recent price depression?
Gold Plunges Below "Crucial Level", Lowest Since Oct 2009 On $2 Billion Notional Flush
Submitted by Tyler Durden on 11/27/2015 - 08:28 With the world closest to World War 3 since the cold war era and Russia about to unleash escalating sanctions of Turkey, it makes perfect sense that 'investors' would want to purge themselves of precious metals. Someone decided that Friday after Thanksgiving would be the perfect time to dump over 18,000 contracts (around $1.9 billion notional) sending the price of gold futures to their lowest since Oct 2010, below what Goldman called a "crucial level."
KaleBios 'Black Friday' Begins As Shrekli Forces 65% Short-Squeeze Surge In Pre-Market
Submitted by Tyler Durden on 11/27/2015 - 08:16 Having announced in two brief tweets on Thanksgiving - just as we warned was very possible - that he would pull his shares from being available-to-lend, Martin Shrekli has sent the meteoric Volkswagen-like trajectory of KaleBios vertical once again. With short-interest having surged to 49% (from 5.6%), the yanking of his loanable shares has sent KBIO up 65% in the pre-market, back above $45 (from just 45c 10 days ago).
China Unleashes Perfect Storm Of Bad News Prompting Stock Market Plunge
Submitted by Tyler Durden on 11/27/2015 - 07:49 From witch hunts to corporate defaults to abysmal data, Friday marked a rather unceremonious end to the week for China, as a veritable perfect storm of bad news sent the SHCOMP reeling. Unfortunately for China's day trading masses the plunge protection team was, like Guotai Junan International Holdings’ CEO Yim Fung, "missing" in action.
China Plunges Most In Three Months, Pushing "Black Friday" Into The Red For Global Stocks
Submitted by Tyler Durden on 11/27/2015 - 06:46 After several months of artificial, centrally-planned calm in Chinese markets, where "malicious sellers" found out the hard way the Politburo means business, overnight the relative quiet in Chinese stocks since August broke with a bang when the Shanghai Composite tumbled as much 6.1% before closing down 5.5%, the biggest drop in three months and the largest weekly loss since the depth of the Chinese rout in mid-August while a gauge of Chinese volatility surged from the lowest level since March.Afshin Rattansi goes underground with John Pilger. Award winning journalist and author, John Pilger talks to us about how Washington, London and Paris gave birth to ISIS-Daesh. Plus we examine the media’s role in spreading disinformation ahead of a vote in Parliament for UK bombing of Syria. Afshin looks at the Autumn Statement and why in a time of high alert we are cutting the police force and buying drones. Also we look at which companies are benefitting from the budget. Plus Afshin is joined once again by former MP and broadcaster, Lembit Opik, to look at the weeks news from a cyber sinking feeling over Trident to budget boosts for the BBC.
from Washington’s Blog:
Consider this clipping from the August 1932 San Francisco Chronicle newspaper:
“Reduction of salaries of municipal employees and limitation of city positions to only one member of a household will be sought by (Supervisor) Adolph Uhl in two amendments to the San Francisco charter. The salary reductions would run from 2.5% for the lowest bracket to 25% on salaries of $500 a month or more.”
Thanks to the handy BLS Inflation Calculator we know that $500 a month in 1932 is the equivalent of $8,680 per month (about $104,000) a year.
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Consider this clipping from the August 1932 San Francisco Chronicle newspaper:
“Reduction of salaries of municipal employees and limitation of city positions to only one member of a household will be sought by (Supervisor) Adolph Uhl in two amendments to the San Francisco charter. The salary reductions would run from 2.5% for the lowest bracket to 25% on salaries of $500 a month or more.”
Thanks to the handy BLS Inflation Calculator we know that $500 a month in 1932 is the equivalent of $8,680 per month (about $104,000) a year.
Read More
from PressTV News:
Yemeni protesters have staged a rally outside the Russian Embassy in the capital Sana’a for the seventh consecutive week. They have renewed calls on Moscow to help stop Saudi Arabia’s invasion of Yemen.
Yemeni protesters have staged a rally outside the Russian Embassy in the capital Sana’a for the seventh consecutive week. They have renewed calls on Moscow to help stop Saudi Arabia’s invasion of Yemen.
from Western Journalism:
Over 600 Democrat politicians from 32 states have joined together to oppose the centerpiece of Pres. Obama’s climate change agenda, the Clean Power Plan.
“As Democrats committed to a prosperous America and a healthy environment, we believe the United States has a unique opportunity to lead the world in addressing the global climate challenge, and yet do so, as we must, without unduly burdening the American economy or the American people,” the Democratic coalition called CoalBlue said in a letter sent Tuesday to Obama.
“The letter was signed by 626 state and local officials from nearly three dozen states, including 177 state legislators, 278 local elected officials and 148 Democratic Party officials,” the Washington Examiner reports.
Read More
Over 600 Democrat politicians from 32 states have joined together to oppose the centerpiece of Pres. Obama’s climate change agenda, the Clean Power Plan.
“As Democrats committed to a prosperous America and a healthy environment, we believe the United States has a unique opportunity to lead the world in addressing the global climate challenge, and yet do so, as we must, without unduly burdening the American economy or the American people,” the Democratic coalition called CoalBlue said in a letter sent Tuesday to Obama.
“The letter was signed by 626 state and local officials from nearly three dozen states, including 177 state legislators, 278 local elected officials and 148 Democratic Party officials,” the Washington Examiner reports.
Read More
by Jim Willie, GoldSeek:
To be sure, groups of oil rags are accumulating in the Western financial basement. They await an incident to light them on fire to produce the grandest bonfire in modern history. Many incidents, events, and decisions created the current broken untenable wrecked set of conditions that together comprise the structural breakdown, upon which systemic failure is witnessed each day. The 1990 decade saw the creation of bank derivatives, which compensated for Western bank system insolvency. It was the dirty secret in backfire from a decade of outsourcing US industry to the Pacific Rim. The refusal by Greenspan to permit a recession early in the 2000 decade interrupted a normal housing correction, and initiated another credit stimulus. The result was the 2007 subprime mortgage crisis which will forever bear the Greenspan signature. The Lehman Brothers killjob was important to force the big Western banks to share the load, to tie (lash) themselves together, and to assure the systemic failure in an inexorable march to ruin.
Read More
To be sure, groups of oil rags are accumulating in the Western financial basement. They await an incident to light them on fire to produce the grandest bonfire in modern history. Many incidents, events, and decisions created the current broken untenable wrecked set of conditions that together comprise the structural breakdown, upon which systemic failure is witnessed each day. The 1990 decade saw the creation of bank derivatives, which compensated for Western bank system insolvency. It was the dirty secret in backfire from a decade of outsourcing US industry to the Pacific Rim. The refusal by Greenspan to permit a recession early in the 2000 decade interrupted a normal housing correction, and initiated another credit stimulus. The result was the 2007 subprime mortgage crisis which will forever bear the Greenspan signature. The Lehman Brothers killjob was important to force the big Western banks to share the load, to tie (lash) themselves together, and to assure the systemic failure in an inexorable march to ruin.
Read More
from RT:
Walmart hired global security
giant Lockheed Martin a few years ago to monitor activism in its massive
workforce, according to new documents. The defense contractor tracked
employees’ social media and reported protest participation to the retail
giant.
Lockheed Martin, the world’s largest defense contractor, provided
Walmart, the world’s largest retailer, with intelligence-gathering and
surveillance services in 2012, according to a lengthy report by
Bloomberg Businessweek. The news has emerged just before Black Friday
protests by a union-funded group called OUR Walmart, the report claims.
Participants demand higher wages and reliable scheduling for Walmart
employees.
Read More…
from Sputnik:
Turkey will cooperate with Russia to reduce tensions over the incident
with the Russian Su-24 shot down in Syria, the Turkish Air Force, Prime
Minister Ahmet Davutoglu stated in a column for The Times newspaper.
On Tuesday, a Russian Su-24 attack aircraft was downed by an air-to-air missile while carrying out precision strikes against terrorists in northern Syria. The missile was fired by a Turkish F-16 fighter in response to alleged violation of the Turkish airspace by the Russian jet.
Read More…
Turkey will cooperate with Russia to reduce tensions over the incident
with the Russian Su-24 shot down in Syria, the Turkish Air Force, Prime
Minister Ahmet Davutoglu stated in a column for The Times newspaper.On Tuesday, a Russian Su-24 attack aircraft was downed by an air-to-air missile while carrying out precision strikes against terrorists in northern Syria. The missile was fired by a Turkish F-16 fighter in response to alleged violation of the Turkish airspace by the Russian jet.
Read More…
“Hold
on, my friends, to the Constitution and to the Republic for which it
stands. Miracles do not cluster, and what has happened once in 6000
years, may not happen again. Hold on to the Constitution, for if the
American Constitution should fail, there will be anarchy throughout the
world.” —Daniel Webster
by John W. Whitehead, Rutherford Institute:
Thanksgiving is not what it once was. Then again, America is not what she once was.
Americans have become so enthralled by the “bread and circuses” of our age—tables groaning under the weight of an abundance of rich foods, televisions tuned to sports and entertainments spectacles, stores competing for Black Friday shoppers, and a general devotion to excess and revelry—that we have lost sight of the true purpose of Thanksgiving.
Indeed, the following is a lesson in how far we have traveled—and how low we have fallen—in the more than 200 years since George Washington issued the first Thanksgiving proclamation, calling upon the nation to give thanks for a government whose purpose was ensuring the safety and happiness of its people and for a Constitution designed to safeguard civil and religious liberty.
Read More…
by John W. Whitehead, Rutherford Institute:
Thanksgiving is not what it once was. Then again, America is not what she once was.Americans have become so enthralled by the “bread and circuses” of our age—tables groaning under the weight of an abundance of rich foods, televisions tuned to sports and entertainments spectacles, stores competing for Black Friday shoppers, and a general devotion to excess and revelry—that we have lost sight of the true purpose of Thanksgiving.
Indeed, the following is a lesson in how far we have traveled—and how low we have fallen—in the more than 200 years since George Washington issued the first Thanksgiving proclamation, calling upon the nation to give thanks for a government whose purpose was ensuring the safety and happiness of its people and for a Constitution designed to safeguard civil and religious liberty.
Read More…
from Wolf Street:
Pfizer’s revenues have been declining for what will be four years in a row by the end of 2015. Its liabilities have ballooned to $104 billion. Its “goodwill” and “intangible assets” – future expenses temporarily parked on the balance sheet – have swollen to $95 billion. It has so much debt in relationship to its real assets that its tangible stockholder equity is a negative $24 billion. It’s facing a “patent cliff,” as new generic drugs are eating into sales and profits of its old drugs. It’s in worse shape than even IBM.
And it no longer wants to pay taxes in the US. So it announced a miracle cure, a marvelous piece of financial and tax engineering: the $160-billion acquisition of Allergan.
Read More
Pfizer’s revenues have been declining for what will be four years in a row by the end of 2015. Its liabilities have ballooned to $104 billion. Its “goodwill” and “intangible assets” – future expenses temporarily parked on the balance sheet – have swollen to $95 billion. It has so much debt in relationship to its real assets that its tangible stockholder equity is a negative $24 billion. It’s facing a “patent cliff,” as new generic drugs are eating into sales and profits of its old drugs. It’s in worse shape than even IBM.
And it no longer wants to pay taxes in the US. So it announced a miracle cure, a marvelous piece of financial and tax engineering: the $160-billion acquisition of Allergan.
Read More
from The Money GPS:
from Neo:
Washington continues making an international fool of herself by her
inability to effectively counter the impression around the world that
Russia, spending less than 10% of the Pentagon annually on defense, has
managed to do more against ISIS in Syria in six weeks than the mighty US
Air Force bombing campaign has done in almost a year and half. One
aspect that bears attention is the demonstration by the Russian military
of new technologies that belie the widely-held Western notion that
Russia is little more than a backward oil and raw material commodity
exporter.
Recent reorganization of the Russian state military industrial complex as well as reorganization of the Soviet-era armed forces under Defense Minister Sergey Shoigu’s term are visible in the success so far of Russia’s ISIS and other terror strikes across Syria. Clearly Russian military capabilities have undergone a sea-change since the Soviet Cold War era.
Read More
Washington continues making an international fool of herself by her
inability to effectively counter the impression around the world that
Russia, spending less than 10% of the Pentagon annually on defense, has
managed to do more against ISIS in Syria in six weeks than the mighty US
Air Force bombing campaign has done in almost a year and half. One
aspect that bears attention is the demonstration by the Russian military
of new technologies that belie the widely-held Western notion that
Russia is little more than a backward oil and raw material commodity
exporter.Recent reorganization of the Russian state military industrial complex as well as reorganization of the Soviet-era armed forces under Defense Minister Sergey Shoigu’s term are visible in the success so far of Russia’s ISIS and other terror strikes across Syria. Clearly Russian military capabilities have undergone a sea-change since the Soviet Cold War era.
Read More
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