Caught On Tape: The White House Says "Fake Hair" Trump's Comments "Disqualify Him From Serving As President"

Submitted by Tyler Durden on 12/08/2015 - 18:50 "The Trump campaign, for some time now, has had a 'dustbin of history'-like quality to it, from the vacuous sloganeering, to the outright lies; even the fake hair," White House Press Secretary Josh Earnest said, adding the pertinent question is whether Republicans are "going to be dragged into the dustbin of history" with the Trump campaign.

Putin Hopes "There Will Be No Need To Nuke" The Islamic State

Submitted by Tyler Durden on 12/08/2015 - 22:28 "This new, modern, highly efficient, and highly precise weapon can be equipped with both a conventional warhead as well as a special, nuclear warhead.  Naturally, in the fight against terrorism that is not needed and I hope there will be no need [to use nukes against the Islamic State]."
- Vladimir Putin

Behold The Deflationary Wave: How China Is Flooding The World With Its Unwanted Commodities

Submitted by Tyler Durden on 12/08/2015 - 22:00 Between commodity-backed financing deals and the centrally-planned mal-investment boom-driven excess capacity, China has a lot of 'liquidation' to do to normalize from a credit-fueled smoke-and-mirrors world to a painful reality. As Bloomberg notes, there’s no let-up in the onslaught of commodities from China. While the country's total exports are slowing in dollar terms (as we noted last night), shipments of steel, oil products and aluminum are reaching for new highs, flooding the world with unwanted inventories. China's de-glutting is now the rest of the world's problem as the deflationary tsunami grows ever higher. This is not going to end well. Not for anybody. Other than the arms lobby. What it will do is change geopolitics forever, and a lot.

Rothschild-Owned ‘The Economist’ Magazine Says it All

The Economist Magazine 2016 Front Cover: What does it mean?
from Before Its News:
The picture is a partial version of the original artwork by Matt Herring that was commissioned by the The Economist Magazine. Just like the 2015 cover of The Economist, their 2016 cover is also fraught with cryptic meaning and cabalistic symbolism.
What follows is the entire graphic of the original artwork which may be quite significant. For it is what The Economist chose NOT to publish which may hold some of the most important clues to what is really in store for 2016.
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Canada Just Warned That Negative Interest Rates Are Coming

Submitted by Tyler Durden on 12/08/2015 - 21:33 Moments ago, the Bank of Canada's chief finally said what we had been patiently waiting for over the past several months: admission that Europe's experiment with negative rates is about to cross the Atlantic.

America's Reckless Fight Against Evil: Six Mistakes On The Road To Perpetual War

Submitted by Tyler Durden on 12/08/2015 - 21:30 Why do we as a nation keep on playing into the same dismal scenario and committing the same mistakes? Why this seemingly irresistible urge to fight yet another war against evil? The longer we fight, the more deeply we are seized by fear. The more we fear, the more fiercely we are determined to fight. Perhaps the point is not to win the war but to remain trapped in this vicious circle, which feels perversely comforting because it offers a sense of unified national identity as nothing else can in our otherwise deeply divided nation.

Turkey Puts Medical Doctor On Trial For Comparing Erdogan To Gollum

Submitted by Tyler Durden on 12/08/2015 - 21:10

China Fixes Yuan At Weakest Since August 2011 After 45th Consecutive Month Of Deflation

Submitted by Tyler Durden on 12/08/2015 - 20:55 Chinese Producer Prices have now fallen YoY for 45 consecutive months and November's 5.9% YoY drop is the largest since the crisis in 2009. Following weak trade data overnight (and with The IMF having blessed any and all currency movements), it appears Chinese authorities have decided to do something about and continue the slowest, quietest, stealthiest currency war in the world. With today's Yuan fix, PBOC has weakened the Yuan back below the August devaluation lows, back to its weakest against the USD since August 2011. Judging by Offshore Yuan, there is a lot more weakening to come.

What Happens When Yellen Raises Rates?

"The world's central bankers will print until deflation gives way," warns Mike Maloney, "they have the arrogance to just think they can control it." They can't. With Janet Yellen on the verge of what many believe will be a policy error in the face of overwhelmingly weak data (and global turmoil once again), it’s never been more important to understand the limits of how much 'actual' control the central banks have over the economy. There’s one force moving our economy they can not influence, and Maloney explains it in this brief clip...

Malaysia Is Hunting For Mystery Owner Who Abandoned Three Boeing 747 On Its Airport

Submitted by Tyler Durden on 12/08/2015 - 20:17 One year ago, someone quietly parked their three Boeing 747-200F (which as shown on the image below have no identifiable insignia) at the Kuala Lumpur International Airport in Malaysia and since then has decided - for reasons unknown - to forget all about them.

Something Snaps In China As Bitcoin Takes Out Stops, Soars Higher

Submitted by Tyler Durden on 12/08/2015 - 19:52 At 1815ET, after trading in a very narrow $1 range for hours, Bitcoin suddenly exploded $17 higher on very heavy volume. Normally this wouldn't warrant an explicit mention, but this time... something odd happened in Chinese currency markets...

Data Be Damned, Rate Hike Ahead?

from Peter Schiff:

Al Gore Calls for Political Punishment of Global Warming Skeptics

by J. D. Heyes, Natural News:
It’s becoming the modus operandi of the “tolerant” political left: If you can’t win the argument, punish the opponent.
Speaking at the annual South by Southwest Festival (SXSW) in Austin, Texas, recently, former Vice President Al Gore made a number of demonstrably false statements about climate change and global warming (and now, a new term: Climate disruption), as well as one alarming recommendation.
To begin with, Gore – chairman of a phony science activist group called the Climate Reality Project – discussed the issue as a matter of “settled science,” when in fact climate science is anything but settled. In fact, you could even say, given an increasing amount of evidence thanks to some intrepid investigative reporting, that man-caused climate change is the biggest hoax in the history of the country.
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What Hillary Clinton Didn’t Tell You in Her New York Times OpEd

by Pam Martens and Russ Martens, Wall Street on Parade:

Yesterday, the New York Times gave Presidential candidate Hillary Clinton a free infomercial (a/k/a OpEd) to spin her toothless plan “to rein in Wall Street.” Hillary begins by telling us this:

“Seven years ago, the financial crisis sent our economy into a tailspin. Over five million people lost their homes. Nearly nine million lost their jobs. Nearly $13 trillion in household wealth was wiped out.”

But that’s not what her husband, former President Bill Clinton told us was going to happen when he repealed the 66-year old Glass-Steagall Act on November 12, 1999. Here’s what Bill Clinton promised us from this massive deregulation of Wall Street: (See video of his full remarks below.)
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FBI Admits Trump Is Right That Muslims Aren’t Being Properly Vetted

from TheAlexJonesChannel:

Greeks Must Declare Non-Bank, Personal Assets – Who’s Next?

from The Daily Bell:
Greeks told to declare cash “under the mattress,” jewelry and precious stones … When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this has to be some early April fools joke or a mistake … It was not a joke. – ZeroHedge
Dominant Social Theme: Greeks have been spendthrift and now they must exercise financial discipline – and the state will enforce it.
Free-Market Analysis: The great asset-stripping continues. It doesn’t make much sense, does it? Austerity, taxation and confiscation of assets are not providing Greece with a healthier economy. How could they?
Is there a reason to continue to pound the Greeks? Well, perhaps so …
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Arming Students: ‘It’s Where All Universities Need to Go’

by Susan Jones, CNSnews:
Jerry Falwell, Jr., the president of Liberty University, is once again urging all of his students, age 21 and older, to arm themselves for self-defense purposes.
“It’s where all universities need to go,” Falwell told Fox News’s Sean Hannity Monday night.
Falwell appeared on the show three days after telling Liberty students, “I’ve always thought if more good people had concealed carry permits, then we could end those Muslims before they walk in and kill us.” Falwell was talking about the slaughter of 14 people at the hands of Muslim radicals in San Bernardino, Calif. on Wednesday.
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