Submitted by Tyler Durden on 04/30/2016 - 10:19
Less than two years ago, the US set up another puppet government in the mid-east this time in the state of Iraq when following substantial US pressure, on August 14, 2014 then prime minister al-Maliki agreed to stepped down and be replaced with Haider al-Abadi. Today, the regime is in chaos and the system set up in Iraq by the US is collapsing when protesters loyal to popular Shiite cleric Muqtada al-Sadr breached the heavily fortified Green Zone, home to government buildings and foreign embassiesm and stormed the Iraqi parliament, forcing MPs to flee and resulting in a state of emergency being declared for all of Baghdad.
The Full Story Behind Bloomberg's Attempt To "Unmask" Zero Hedge
Submitted by Tyler Durden on 04/30/2016 - 09:45 Over the years, Zero Hedge has proven to be a magnet for media attention. Today, it is Bloomberg's turn.
"Don't Fly Near Our Borders" - U.S. Spy Plane Again Intercepted By Russian Jet
Submitted by Tyler Durden on 04/30/2016 - 11:46 Yet another close encounter took place between the U.S. and Russia yesterday, as a Russian SU-27 allegedly conducted a barrel roll over top of a U.S. Air Force RC-135 reconnaissance plane flying over the Baltic sea. There appears to be more to the story however, as Russia's defense ministry claims that the U.S. plane had turned off its transponder, which is needed for identification.."The US Air Force has two solutions: either not to fly near our borders or to turn the transponder on for identification."
Lies, Lies, & OMG More Lies...
Submitted by Tyler Durden on 04/30/2016 - 11:06 "I have certain rules that I live by... My first rule - I don't believe anything the government tells me." - George Carlin
Berkshire Hathaway Annual Meeting Live Stream
Submitted by Tyler Durden on 04/30/2016 - 10:03 For the first time ever, Berkshire Hathaway's annual meeting in Omaha goes digital and is being webcast live on Yahoo Finance. Those so inclined can watch Warren Buffett and Charlie Munger's deep thoughts in real time from the Woodstock of Crony Capitalism at the webcast link below.
Oil's Latest Casualty: Saudi Binladin Group Fires 50,000, A Quarter Of Its Workforce
Submitted by Tyler Durden on 04/30/2016 - 09:03 In the latest clear sign that low oil prices are taking their indirect toll not only the US shale sector, leading to billions in capex cuts and hundreds of thousands of lost oil and gas jobs, on Friday Saudi newspaper al-Watan reported that the multinational construction conglomerate Saudi Binladin Group (which was founded in 1931 by Sheikh Mohammed bin Laden Sayyid, father of Osama bin Laden who was removed as a shareholder in the business in 1993 and disowned by the family) has laid off 50,000 staff as pressure on the industry rises amid government spending cuts to survive an era of cheap oil.
Why We're So Unhealthy
Submitted by Tyler Durden on 04/30/2016 - 12:16 ..because our system makes (and keeps) us sick.
"We Want Them Dead" - ISIS Releases "Hit List" Of 3,600 New Yorkers
Submitted by Tyler Durden on 04/29/2016 - 22:24 The FBI is notifying unsuspecting targets after the release of an ISIS hit list that includes thousands of New Yorkers. The names on the list were released last week. ISIS has urged urged followers of the militant group to target these 3,600 individuals and to facilitate that the hacker group has posted their personal information with the demand that "we want them #Dead."
The Oligarchy Is Tottering - Trump Tramples The Neocons' "False Song Of Globalism"
Submitted by Tyler Durden on 04/29/2016 - 22:00 For the past twenty years, movements have arisen to challenge American imperialism. The Trump movement is different: it is massive, and it is capable of winning. That’s what has the Establishment in such a panic. If we step back from the daily news cycle, and consider the larger significance of the Trump phenomenon, the meaning of it all is unmistakable: we haven’t seen anything like this in American politics – not ever. Revolution is in the air. The oligarchy is tottering. The American people are waking up, and rising up – and those who try to ignore it or disdain it as mere “populism” will be left behind.
Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861. The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913. The fact that it purportedly passed two days before Christmas, when the custom was for no legislation to be enacted, while most politicians were en route or already home for the holidays, and the main opponents for this specific Act were indeed absent when the vote was made before a select skeleton group that stayed in Washington to ensure “passage” of the Act, this was all a huge red flag that was kept hidden from the public.
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Americans are not used to reading investigative pieces of journalism. We like to tweet and text in small bites. But here’s the thing. Sometimes, the most important things can’t be explained in 15 bites or less. Sometimes, it takes more space and time. And so I ask everyone who is reading this blog to please read it in its entirety — especially the bold parts. And, if you care about our country, if you care about peace, and keeping American lives safe from terrorists, pay attention to what is being said here — and never forget it.
The time has come to clarify some inaccuracies and misleading statements being made in the media regarding the 28 pages, the 9/11 attacks, the investigation of the 9/11 attacks, and the Kingdom of Saudi Arabia (KSA).
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by Steve St. Angelo, SRS Rocco:
Silver and the silver mining stocks are some of the top performing assets in 2016. Silver was the top performing physical asset in the metal-commodity basket gaining 27% since the beginning of the year. Silver’s gains surpassed West Texas Oil which increased 24%, zinc at 20% and gold at 19%:
As we scroll down the chart we can see that copper, the king base metal, placed towards the bottom of the list at a mere 5% gain, while lead recorded a 2% loss and natural gas declined the most at 8%.
Read More
Silver and the silver mining stocks are some of the top performing assets in 2016. Silver was the top performing physical asset in the metal-commodity basket gaining 27% since the beginning of the year. Silver’s gains surpassed West Texas Oil which increased 24%, zinc at 20% and gold at 19%:
As we scroll down the chart we can see that copper, the king base metal, placed towards the bottom of the list at a mere 5% gain, while lead recorded a 2% loss and natural gas declined the most at 8%.
Read More
from Wolf Street:
Everything suddenly goes the wrong way.
As in so many housing bubbles, soaring apartment prices feed epic high-rise construction booms with the promise of big profits backed by easy money. Years can pass between initial plan and completion, and now the fruits of Hong Kong’s epic construction boom are hitting the market just when prices are crashing and sales collapsing.
In the first quarter, the number of housing units under construction set a new frenetic record: 13,300, the South China Morning Post reported, citing the Transport and Housing Bureau. By comparison, in all of last year, 14,200 homes were under construction. In 2015, 11,300 new homes were completed. This year, the number will jump 61% to 18,200! Over the next three to four years, 92,000 new homes will hit the market.
Read More
Everything suddenly goes the wrong way.As in so many housing bubbles, soaring apartment prices feed epic high-rise construction booms with the promise of big profits backed by easy money. Years can pass between initial plan and completion, and now the fruits of Hong Kong’s epic construction boom are hitting the market just when prices are crashing and sales collapsing.
In the first quarter, the number of housing units under construction set a new frenetic record: 13,300, the South China Morning Post reported, citing the Transport and Housing Bureau. By comparison, in all of last year, 14,200 homes were under construction. In 2015, 11,300 new homes were completed. This year, the number will jump 61% to 18,200! Over the next three to four years, 92,000 new homes will hit the market.
Read More
by Charles Hugh Smith, Washington’s Blog:
If
we step back and look at what’s happened since the Global Financial
Crisis of 2008-09, it’s easy to see that the global leadership has
chosen to do more of what’s failed spectacularly.
Since the Global Financial Meltdown, central bankers and planners have pursued policies designed to boost global stock markets to create a wealth effect in which people will be psychologically inclined to borrow and spend more because their stock market/IRA portfolios are rising. This supposedly encourages them to spend this “paper wealth.”
But the policy runs aground on two realities: 1) only the top 5% of the households own enough stocks to make a difference to their wealth (and their perception of wealth, i.e. the wealth effect), and 2) the wealth effect only occurs in “good times” when people feel the economy is healthy and their prospects are improving.
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If
we step back and look at what’s happened since the Global Financial
Crisis of 2008-09, it’s easy to see that the global leadership has
chosen to do more of what’s failed spectacularly.Since the Global Financial Meltdown, central bankers and planners have pursued policies designed to boost global stock markets to create a wealth effect in which people will be psychologically inclined to borrow and spend more because their stock market/IRA portfolios are rising. This supposedly encourages them to spend this “paper wealth.”
But the policy runs aground on two realities: 1) only the top 5% of the households own enough stocks to make a difference to their wealth (and their perception of wealth, i.e. the wealth effect), and 2) the wealth effect only occurs in “good times” when people feel the economy is healthy and their prospects are improving.
Read More
by Doug Casey, International Man:
Rousseau was perhaps the first to popularize the fiction now taught in
civics classes about how government was created. It holds that men sat
down together and rationally thought out the concept of government as a
solution to problems that confronted them. The government of the United
States was, however, the first to be formed in any way remotely like
Rousseau’s ideal. Even then, it had far from universal support from the
three million colonials whom it claimed to represent. The U.S.
government, after all, grew out of an illegal conspiracy to overthrow
and replace the existing government.
Read More
Rousseau was perhaps the first to popularize the fiction now taught in
civics classes about how government was created. It holds that men sat
down together and rationally thought out the concept of government as a
solution to problems that confronted them. The government of the United
States was, however, the first to be formed in any way remotely like
Rousseau’s ideal. Even then, it had far from universal support from the
three million colonials whom it claimed to represent. The U.S.
government, after all, grew out of an illegal conspiracy to overthrow
and replace the existing government.Read More
by JP Cortez, Activist Post:
Competition is a good thing.
It brings out the best in athletes. It brings out the best in students. It brings out the best in companies.
Since monopolies remove the positive effects of competition, however, it makes sense to reexamine one of the most detrimental monopolies that ever existed.
Most folks would probably agree that government-run monopolies like the United States Postal Service and the Department of Motor Vehicles do a lousy job of serving the public, so why should we give bureaucrats a monopoly over our money as well?
It wasn’t always this way in America. And a few states are finally taking steps toward breaking the money monopoly that’s developed, thereby fostering viable alternatives to the U.S. dollar.
Read More
Competition is a good thing.It brings out the best in athletes. It brings out the best in students. It brings out the best in companies.
Since monopolies remove the positive effects of competition, however, it makes sense to reexamine one of the most detrimental monopolies that ever existed.
Most folks would probably agree that government-run monopolies like the United States Postal Service and the Department of Motor Vehicles do a lousy job of serving the public, so why should we give bureaucrats a monopoly over our money as well?
It wasn’t always this way in America. And a few states are finally taking steps toward breaking the money monopoly that’s developed, thereby fostering viable alternatives to the U.S. dollar.
Read More
What Happens If Everybody Pulls Their Money Out Of The Bank Today?
Submitted by Tyler Durden on 04/29/2016 - 19:30 For every dollar that you have in the bank there is actually 0.00061 dollars available...in other words, there's 6 cents for every $100 dollars of deposits that you have at the bank. As Mike Maloney explains in this brief clip, we live in an economic system that is made complicated by design. Basically, it’s set up so most people don’t even try to understand it. Got Gold?
The Woodstock Of Crony Capitalism
Submitted by Tyler Durden on 04/29/2016 - 20:01 In Davos, they chug bottles of Chateau Lafite Rothschild and plot how to pillage small nations. At Berkshire, we will eat Dilly bars and plot how to pillage the middle class. Capitalism is beautiful and crony capitalism is the end product of politicians who prostitute the laws. I don’t have the power to change the current rules, but I can certainly learn to thrive within them./
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