Submitted by Tyler Durden on 04/24/2016 - 10:50
"Money was a lazy b*tch, until you put it to work! And look how it works! Look how it grows! Materializes out of nowhere! As leaders, innovators, captains of finance, you will always be subject of the jealous resentment, the petty tantrums of the unwashed masses, the insolvent, the irresponsible, the invidious, the losers. They will envy you, your successes, they will despise you, but they secretly want to be like you! Irresponsible single mothers, uneducated immigrants, lead-drinking ghetto-strutters, homeless, crying, babies, starving senior citizens, obnoxious, entitled African Americans who object to having bullets pumped into their bodies by police: all these people are angry, entitled, and making noise, and they are endangering our democracy and economy, our greatness."
White House Set To Release Secret Pages From Sept 11 Report
Submitted by Tyler Durden on 04/24/2016 - 10:06 The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to the attackers. The documents, kept in a secure room in the basement of the Capitol, contain information from the joint congressional inquiry into "specific sources of foreign support for some of the Sept. 11 hijackers while they were in the United States."As I have told you for years...There is absolutely NO difference between the republicans and democrats...
They work together to Screw YOU... And you think your vote counts...lol
Billionaire Koch Hints He Could Support Hillary Over Trump
Submitted by Tyler Durden on 04/24/2016 - 12:08 In a direct jab at republican presidential frontrunner Donald Trump, prominent republican billionaire backer Charles Koch said during an interview on today's edition of ABC's "This Week" that Democrat Hillary Clinton might make a better president than the candidates in the Republican field. Koch said that in some respects Bill Clinton had been a better president than George W. Bush, who Koch said had increased government spending. When asked if Hillary Clinton would be a better president than the Republicans currently running, he said, "It's possible, it's possible."
from Zen Gardner:
It’s pitiful to watch the US election gyrations in the midst of this calculated societal breakdown. Americans have historically had such guts and strength, while albeit pitiful little is left, as they direct their vestigial frustration in such futile directions in the throes of their certain demise.
So many have attached their grievances and hence hopes for change to this new set of puppet false promises it’s absolutely not just alarming, but seriously disturbing. The very nature of looking to others to change their circumstances, never mind via such obvious psychopathic, self-serving, self-appointed dupes and character actors, is just overwhelming.
Read More…
It’s pitiful to watch the US election gyrations in the midst of this calculated societal breakdown. Americans have historically had such guts and strength, while albeit pitiful little is left, as they direct their vestigial frustration in such futile directions in the throes of their certain demise.
So many have attached their grievances and hence hopes for change to this new set of puppet false promises it’s absolutely not just alarming, but seriously disturbing. The very nature of looking to others to change their circumstances, never mind via such obvious psychopathic, self-serving, self-appointed dupes and character actors, is just overwhelming.
Read More…
Latest Shock From Europe's Refugee Crisis: Austria Right-Wing Party Sweeps First Round Of Presidential Election
Submitted by Tyler Durden on 04/24/2016 - 14:22 The fallout of popular anger emanating from Europe's refugee crisis continued today with a dramatic result from the first round of Austria's presidential election, where initial results showed that the candidate of the Freedom Party, Austria's right-wing, anti-immigrant party has swept his competition, gathering over 35% of the vote and leaving the other five candidates far behind.
Wall Street's Lemmings Have Almost Reached The Cliff
Submitted by Tyler Durden on 04/24/2016 - 12:41 The fact is, Simple Janet has already proven the end game. Money printing central bankers can’t stop. Were they to allow financial prices to normalize and trillions of bad credit to be liquidated, the whole financial house of cards they have built around the planet would blow sky high. The "soft landing" case is a null set.
The Chicago Pension Scandal: $100,000+ Teacher Pensions Costing Taxpayers $1 Billion
Submitted by Tyler Durden on 04/24/2016 - 13:14 Take the example of two union lobbyists who substitute taught for one-day in the public schools and then started collecting over $1 million of lifetime public ‘teacher’ pension payout – despite a state law expressly designed to stop them. And now take all the other 7,499 educators. The retirees in question paid so little into their own retirement (breaking even on their cost basis within the first 20 months of retirement) that taxpayers now face a $900 million bill just to keep the pension payments flowing!
Turkey Blackmails Europe on Visa-Free Travel
Submitted by Tyler Durden on 04/24/2016 - 13:50 The European Union now finds itself in a classic catch-22 situation. Large numbers of Muslim migrants will flow to Europe regardless of whether or not the EU approves the visa waiver for Turkey. "Democracy, freedom and the rule of law... For us, these words have absolutely no value any longer." - Turkish President Recep Tayyip Erdogan.
The "Unequivocally" Divided States Of Canadian Consumers
Submitted by Tyler Durden on 04/24/2016 - 11:26 Canada has never been more divided. With Vancouver being taken over by the rich Chinese, and Calgary nearing depression, roles have been dramatically reversed across Canadian provinces as spending in non-energy-producing regions hits a record high relative spending in those dependent on oil...
Islamic State Executes 45 Defectors By Freezing Them To Death
Submitted by Tyler Durden on 04/24/2016 - 09:32 45 defectors attempted to flee the battlefield during recent fights in Iraq. They accused deserters were executed by being locked in morgue freezers in Mosul for 24 hours, left for a slow, presumably agonizing death. Their bodies were reportedly then stretched out along the sides of the road at city entrances to act as a warning to any other fighter who might have second thoughts.
Turkey's Erdogan Goes Full-Dictator: Arrests Dutch Journalist For Critical Tweet
Submitted by Tyler Durden on 04/24/2016 - 08:47 Erdogan may have finally gone too far following the arrest of a Dutch-Turkish journalist, Ebru Umar, who was detained early on Sunday at her home in Turkey for tweets deemed critical of the Turkish president according to her Twitter account. Or maybe not: after all Europe needs Turkey now more than ever to halt the mass flow of Syrian refugees within its borders or else virtually all ruling parties in Europe are threatened with being replaced in any upcoming elections. And Erdogan knows this.
from Wolf Street:
In the early 2000’s, the world was gripped by the SARS epidemic unfolding in Southeast Asia. Mankind was yet again battling a deadly disease, and at the forefront of this battle was the Genome Institute in Singapore.
At the time, Elizabeth Holmes, a young volunteer from Stanford traveled to help the team work on their software. Holmes left Stanford a few years later and decided she wanted to get into medicine and help save lives.
The only problem was that she hated the sight of blood and needles. Assuming that there were a lot of other people who hated needles and blood as much as she did, she decided to tackle the most basic health care service on the planet – blood tests.
Read More
In the early 2000’s, the world was gripped by the SARS epidemic unfolding in Southeast Asia. Mankind was yet again battling a deadly disease, and at the forefront of this battle was the Genome Institute in Singapore.
At the time, Elizabeth Holmes, a young volunteer from Stanford traveled to help the team work on their software. Holmes left Stanford a few years later and decided she wanted to get into medicine and help save lives.
The only problem was that she hated the sight of blood and needles. Assuming that there were a lot of other people who hated needles and blood as much as she did, she decided to tackle the most basic health care service on the planet – blood tests.
Read More
by Jeff Nielson, Bullion Bulls:
The sad part of writing this post is that I know, simply from the
title, that most of my audience won’t read it. “Who cares about
Mozambique?”
But that’s not the real story here. The real story is who is NOT being accused of accounting fraud: the United States. Unfortunately, if I titled this post “IMF does NOT accuse U.S. of accounting fraud”, no one would read that, either.
The problem (for readers) is that there is a very important point here, the old cliche about how “people who live in glass houses shouldn’t throw stones.” The IMF, a U.S.-dominated puppet institution is accusing Mozambique of “hiding $1 billion in debt”. Granted, for an economy the size of Mozambique, this is a significant sum.
Read More
The sad part of writing this post is that I know, simply from the
title, that most of my audience won’t read it. “Who cares about
Mozambique?”But that’s not the real story here. The real story is who is NOT being accused of accounting fraud: the United States. Unfortunately, if I titled this post “IMF does NOT accuse U.S. of accounting fraud”, no one would read that, either.
The problem (for readers) is that there is a very important point here, the old cliche about how “people who live in glass houses shouldn’t throw stones.” The IMF, a U.S.-dominated puppet institution is accusing Mozambique of “hiding $1 billion in debt”. Granted, for an economy the size of Mozambique, this is a significant sum.
Read More
It's Now Cheaper To 'Buy' A Dry Bulk Freight Tanker Than A Starbucks Coffee
Submitted by Tyler Durden on 04/23/2016 - 23:15
"Something Disturbing Happened" - A Futures Trader Has Some Words Of Warning
Submitted by Tyler Durden on 04/23/2016 - 22:02 "Something disturbing happened this morning. I bought a nymex copper contract with an attached stop limit and take profit. My stop got rejected by the exchange. I think it was in pending mode. I ignored it and when the market moved up, i moved the stop up. Then the exchange accepted it. My take profit order got hit instead. Then, I shorted an ES. Again, the market rejected my stop limit."
Is This The End Of The U.S Dollar? Geopolitical Moves "Obliterate U.S Petrodollar Hegemony"
Submitted by Tyler Durden on 04/23/2016 - 22:00 It seems the end really is nigh for the U.S. dollar. And the mudfight for global dominance and currency war couldn’t be more ugly or dramatic.
Silver was the story in the metals space this week, hitting an 11-month high of $17.69 on Thursday and a 5% gain for the week.
Copper surprised and rose by approximately 6% this week amid optimism of a healthier economic outlook for China — an outlook that I feel will be short-lived. China accounts for approximately 45% of global copper demand. It’ll be interesting to see if copper can hold the gains.
Gold continues to fail to breakout. After hitting a five-week high — also on Thursday — of $1,270 an ounce, it’s retreated once more to the $1,228 level.
Read More
by Ronan Manly, Bullion Star:
Many topics in the world of gold are opaque and secretive, none more so
than the famed gold vaults of the world’s major central banks and their
bullion banking counterparts. BullionStar Gold University is now
bringing transparency to this intriguing yet under-reported area by
profiling the largest and most important of these gold vaults.
According to the vault owners and the information that they divulge, these gold vaults officially store over 16,500 tonnes of gold, which is approximately half of all reported central bank gold reserve holdings. That’s also nearly 10% of all the gold ever mined in the world. This in itself makes knowledge of these vaults important.
Read More
Many topics in the world of gold are opaque and secretive, none more so
than the famed gold vaults of the world’s major central banks and their
bullion banking counterparts. BullionStar Gold University is now
bringing transparency to this intriguing yet under-reported area by
profiling the largest and most important of these gold vaults.According to the vault owners and the information that they divulge, these gold vaults officially store over 16,500 tonnes of gold, which is approximately half of all reported central bank gold reserve holdings. That’s also nearly 10% of all the gold ever mined in the world. This in itself makes knowledge of these vaults important.
Read More
by Chris Powell, GATA:
Dear Friend of GATA and Gold:
The world news Internet site Sputnik News this week published an unsigned commentary about gold market manipulation by Western investment banks and the Federal Reserve, citing Deutsche Bank’s confession to the scheme. While most mainstream financial news organizations in the West are studiously suppressing the Deutsche Bank story, the remarkable thing about the Sputnik News commentary is that the news organization is owned and operated by the Russian government itself, the successor to the RIA Novosti and Voice of Russia news organizations:
http://tinyurl.com/z86zqd4
That is, like the government of China —
Read More
Dear Friend of GATA and Gold:
The world news Internet site Sputnik News this week published an unsigned commentary about gold market manipulation by Western investment banks and the Federal Reserve, citing Deutsche Bank’s confession to the scheme. While most mainstream financial news organizations in the West are studiously suppressing the Deutsche Bank story, the remarkable thing about the Sputnik News commentary is that the news organization is owned and operated by the Russian government itself, the successor to the RIA Novosti and Voice of Russia news organizations:
http://tinyurl.com/z86zqd4
That is, like the government of China —
Read More
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