Saturday, December 12, 2015

The Eerie Echo Of 2007: It Really Is Bear Stearns, All Over Again...



In a supreme twist of irony, Bear Stearns is back - maybe not the firm itself - but the people who were in charge of its distressed and junk bond trading group, and just like the summer of 2007, it is an ex "Bear"-run hedge fund that was the first to gate, just as the credit cycle is turning and the default cycle has begun, as we explained last week, just one day before everyone's attention finally focused on junk debt.


President Obama Explains How He Just 'Saved' The World From Its Greatest Threat - Live Feed

"Mission Accomplished?" Amid failure after failure for President Obama's 'legacy' policies, Americans can rest assured that the "historic" signing of today's climate accord will be spun in its most positive, "see, I saved the world from its greatest threat" awesomeness, despite, as we detailed earlier, the utter farce of it all.


The Whole ‘War on Terror’ is a FRAUD — Harley Schlanger

by SGT, SGT Report.com:


Our good friend Harley Schlanger from LaRouchePAC.com joins me to discuss the necessity of impeaching Barack Hussein Obama, exposing Operation Gladio style terror attacks and stopping the unconstitutional war in Syria.
Harley says, “We’re in a new phase which is very dangerous. But all of this goes back to the very bold action that Putin took to essentially say “You want a WAR ON TERROR, let’s have a war on terror” and it showed that the whole war on terror has been a fraud from the beginning.”


Ask Santa

Can GOP Establishment dreams come true... after all it's nearly Christmas...


Bank Crimes Pay: Under the Thumb of the Global Financial Mafiocracy

from Washington’s Blog:

On Nov. 13, the United Kingdom’s Serious Fraud Office (SFO) announced it was charging 10 individual bankers, working for two separate banks, Deutsche Bank and Barclays, with fraud over their rigging of the Euribor rates. The latest announcement shines the spotlight once again on the scandals and criminal behavior that have come to define the world of global banking.
To date, only a handful of the world’s largest banks have been repeatedly investigated, charged, fined or settled in relation to a succession of large financial scams, starting with mortgage fraud and the Libor scandal in 2012, the Euribor scandal and the Forex (foreign exchange) rate rigging. At the heart of these scandals, which involve the manipulation of interest rates on trillions of dollars in transactions, lie a handful of banks that collectively form a cartel in control of global financial markets – and the source of worldwide economic and financial crises.
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World Leaders Just Agreed To A "Historic" Climate Accord... Which Is Non-Binding And Has No Enforcement Language

Great news! The "greatest threat to future generations of the world" has apparently been solved. World leaders Saturday adopted an historic international climate accord in Paris, the first-ever agreement to commit almost every country to fight climate change. However, as we knew all along and just got confirmation, the 31-page pact does not have binding language or a mechanism to force countries to live up to the promises to cut greenhouse gases.



Artist's Impression Of Middle-Class America

The middle class has one foot in the grave and the other foot on a banana peel, thanks to our corrupt and dysfunctional system of money. It’s time to end crony capitalism, which is leading us deeper into fascism.



Trump's Cunning Plan Revealed

Calling for a moratorium on Muslim immigration “until our country’s representatives can figure out what the hell is going on,” Donald Trump this week ignited a firestorm of historic proportions. As all the old hate words - xenophobe, racist, bigot - have lost their electric charge from overuse, and Trump was being called a fascist demagogue and compared to Hitler and Mussolini. Why the hysteria? Comes the reply: Trump’s call for a temporary ban on Muslim immigration tramples all over “American values” and everything we stand for, including the Constitution. But is this really true? In fact, is this move a well thought out cunning plan?



Market Panics As "China's Warren Buffett" Detained In "Richter Scale 9 Event"

China’s sweeping crackdown on sellers, “manipulators”, frontrunners, financial journalists and anyone else “suspected” of acting in such a way as to sow fear and uncertainty in the wake of the dramatic meltdown in Chinese equities that unfolded over the summer has ensnared money managers, high profile executives, and government officials alike. Earlier this week, it reached a crescendo with the disappearance of Guo Guangchang, known to some as “China’s Warren Buffett. We now have a bit more in the way of color regarding Guo’s detention and sure enough, he’s being “held in connection with an investigation.”



Morons At The Precipice

Seven years of zero rates, massive monetary inflation and incessant market backstopping have desensitized and anesthetized. Rational thought ultimately succumbed to "perpetual money machine" quackery. And now all of this greatly increases vulnerability to destabilizing market dislocations, as senses are restored and nerves awakened. "A lot of this looks like late 2007 or early 2008," warns one manager, but today, market mispricing is systemic and global – virtually all securities classes at home and abroad.



Turkish Hurryiet Daily Possibly Targeted In "Armed Attack"

"In the past there had been cases where some panels in the building explode spontaneously"....



10 Things More Likely To Kill You Than Islamic Terror

"I am not terrified of the terrorists; i.e., I am not, myself, terrorized. Rather, I am terrified of the terrorized; terrified of the bovine masses who are so easily manipulated by terrorists, governments, and the terror-amplifying media into allowing our country to slip toward totalitarianism and total war." – Dan Sanchez



Thousands Of Militiamen Stage Anti-Turkey Protests In Baghdad As Iraq Lodges Security Council Complaint

"As the leader of a military brigade, I am not fully satisfied with the government's action, and we are here to say that Iraq's patience has run out."
"We call on the Security Council to demand that Turkey withdraw its forces immediately and not to violate Iraqi sovereignty again."

The Great Illusion of Reality – Reality is an Illusion

from theJourneyofPurpose TJOP:


ISIS Releases New Apocalyptic Video Depicting "Final" Battle With "Crusaders" In Syria






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