Yes, The Panama Papers Could Really End Hillary Clinton's Campaign

Submitted by Tyler Durden on 04/07/2016 - 17:35
Despite the supposedly ineluctable logic of Sanders’ unelectability, many pundits now believe there has been a seismic shift in the 2016 presidential race. It is becoming increasingly obvious that Americans are sick to death of the two corporatist political establishments and will do anything to send them a message. Then there’s the matter of the Panama Papers, which once again illustrate the stark contrast in judgement between Bernie Sanders and Hillary Clinton.

Nomura's Bob "The Bear" Janjuah: "The Question Is What Would Be Necessary For The Fed To Do QE Or NIRP"

Submitted by Tyler Durden on 04/07/2016 - 20:32 "My view is still that the Fed does not actually do anything more than jaw-bone until or unless the S&P500 cash index is into the 1500s and the outlook for growth, employment and inflation get significantly worse – perhaps with the unemployment rate inching higher not lower.... I am also even more convinced now that we are about 10 months through a multi-year bear market that likely won’t bottom until late 2017 or early 2018. This will be a stair-step decline with all the strength to the downside punctuated by occasional (very) violent bear market counter-trend rallies driven by short covering, hope and residual belief in policymakers"

Cash Banned, Freedom Gone

Submitted by Tyler Durden on 04/07/2016 - 20:10 The plan to ban cash - step by step - is a sign of the fundamental ailment of our time: the state is destroying more and more of the freedom of citizens and businesses, once it has turned into a territorial monopolist and highest judge of all conflicts.

New York Students Walkout Ahead Of "Misogynist, Homophobe, Racist" Cruz Visit

Submitted by Tyler Durden on 04/07/2016 - 19:45 In what appears to be a table-turning act of micro-aggression (or just aggression), Republican presidential candidate Ted Cruz's planned visit to a school in the Bronx was canceled after students threatened a walkout if the Texas senator came. As The Hill reports, students at the school wrote a letter to the principal, explaining "the presence of Ted Cruz and the ideas he stands for are offensive," calling Cruz "misogynistic, homophobic and racist." Definitely not someone they want in their 'safe space'.




I love it when people tell the truth...or to Quote Orwell... "If liberty means anything at all, it means the right to tell people what they do not want to hear.”? George Orwell

Steve Wynn "Nobody Likes Being Around Poor People, Especially Poor People"

Submitted by Tyler Durden on 04/07/2016 - 17:08 "Rich people only like being around rich people, nobody likes being around poor people, especially poor people."

"Let Me Tell You About The Very Rich"

Submitted by Tyler Durden on 04/07/2016 - 19:20 As the Panama Papers appear to show, the very wealthy play by an entirely different set of rules than the average person when it comes to paying taxes. The role of global banks has been a prominent feature of early reporting on the Panama files, reinforcing the impression of the entire sector as one big, risky rip-off machine, preying on consumers and governments to maximize profit. The scandal is only the latest in a series of almost countless ones, most of which were settled with fines and no admission of guilt. There is hardly a global financial market that has not been systematically manipulated by major Wall Street firms: interest rates, foreign exchange, metals, electricity — the list goes on.

Caught On Tape: Russian Attack Helicopter Hunts, Destroys ISIS Vehicles

Submitted by Tyler Durden on 04/07/2016 - 19:05 While the "war against ISIS" has been quietly pulled from the front pages in recent months, having served its political purpose, it continues on the ground. As evidence we have the following newly-released videos show Russian Mil Mi-28NE Night Hunter helicopters hunting Islamic State vehicles in Syria.

Is This Why Car Sales Are Soaring?

Submitted by Tyler Durden on 04/07/2016 - 19:02 While San Francisco residents appear willing to live in boxes in other people's front rooms, it appears there is another habitat for humans that is becoming more popular in the new normal...

Europe Threatens To Require Visas From Americans And Canadians

Submitted by Tyler Durden on 04/07/2016 - 18:53 According to Reuters, the European Union is considering whether or not to require US and Canadian citizens to obtain a visa before traveling to the bloc. Currently, the US enjoys a visa waiver program with the majority of the European Union that is reciprocated on both sides of the Atlantic. Of course, the introduction of the more restrictive process of obtaining a formal travel Visa would hinder tourism for the European Union, something the local economy desperately needs to remain intact.

In Historic First, Four Fed Chairs Sit Together To Share Their "Philosophy" - Live Webcast

Submitted by Tyler Durden on 04/07/2016 - 16:56 Today at 5:30pm, the four people who have done more to shape the U.S. and global economy in the past four decades more than anyone else, will sit down to discuss their respective philosophies and explain how they see the present and future of the world. At that time, Janet Yellen will appear with her predecessors Ben S. Bernanke, Alan Greenspan and Paul Volcker for a round table discussion. The event at the International House marks the first time the four Fed chiefs have gathered for a joint public appearance.

Presenting The "Boiling Frog" Slowdown

Submitted by Tyler Durden on 04/07/2016 - 16:30 Whenever the topic of recession comes up, the mainstream and especially economists (redundant) become quite defensive about the possibility. Just a few days ago, presidential candidate Donald Trump claimed the US was headed for “a very massive recession” and that it was “a terrible time right now.” The Washington Post, as you would expect, was skeptical of the claim because orthodox economics will have none of it, writing that Trump is “embracing a distinctly gloomy view of the economy that counters mainstream economic forecasts," because there is no obvious recession, only unexplained (to the mainstream and economists) slowdowns, nobody feels the boiling water...

Bonds & Bullion Surge As Stocks Slump Most In 2 Months

Submitted by Tyler Durden on 04/07/2016 - 16:03

The Costs & Consequences Of $15/Hour

Submitted by Tyler Durden on 04/07/2016 - 15:55 The unintended consequences of a minimum wage hike in a weak economic environment are not inconsequential. Furthermore, given that businesses are already fighting for profitability, hiking the minimum wage, given the subsequent “trickle up” effect, will lead to further increases in productivity and “off shoring” of jobs to reduce rising employment costs. So much for bringing back those manufacturing jobs.

Residents Flee, Home Sales Collapse 44% Following Biggest Gas Leak In History

Submitted by Tyler Durden on 04/07/2016 - 15:42 The "Fukushima class disaster" that emerged from Aliso Canyon's worst ever gas leak has left behind more than just medical and human issues. According to RealtyTrac, in the three months following the discovery of the gas leak in late October 2015, home sales in the Porter Ranch zip code (91326) plunged 44%, and "market disruption is further signified by the number of families that requested relocation out of the Porter Ranch area."

U.S. healthcare system collapsing into massive FRAUD network of criminal cancer doctors, hospice executives and con artist physicians

by J.D. Heyes, Natural News:
Whether it is due to dramatic government overreach via massive laws like Obamacare, with its incentive-killing regulations, or there simply being too much greed in the world, the U.S. healthcare system is dying. And while that may be a good thing for some people, the dying process is costing us billions of dollars and thousands of lives.
In recent days, the CEO of a major healthcare company was charged with defrauding the U.S. government (read taxpayers) by the FBI, no less. Novus Health Services owner and CEO Brad Harris was accused of regularly directing nurses to give hospice patients overdoses of drugs like morphine, so they could speed up their deaths and thus maximize profits.
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Kinder Morgan: More Downside Risk Than Upside Potential

by Dave Kranzler, Investment Research Dynamics:

By 2015, KMI had become a personal cash piggy bank for Richard Kinder. Kinder owns 234 million shares. Before the dividend was cut 75% in late 2015, he was raking in dividend payments at a rate of $468 million per year. Basically he was running the Company like a Ponzi scheme in order to fund his massive personal dividend payout. – Excerpt from IRD’s Kinder Morgan Report

I started working on this Kinder Morgan report in early January.  I have taken my time in assessing the Company’s financials and I wanted to make sure that my thesis about the Company was credible because it is very rare to find anyone who is willing to issue contrarian analysis on KMI
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Lost Faith In Central Banks And The Economic End Game

by Brandon Smith, Alt-Market:

We live in strange economic times, stranger perhaps than at any other point in history. Since 2007-2008, the globally intertwined and dependent fiscal system has suffered considerable declines in every conceivable area. Manufacturing around the world is in a slump, from Japan to China to Europe, with the minimal manufacturing accomplished in the U.S. also fading. Consumption is falling, most notably in petroleum and raw materials. Employment is truly dismal, with the U.S. posting over 94 million people as “non-participants” in the national work force.
High paying jobs are disappearing, and the only jobs replacing them are in the low wage service sector. This problem is becoming so pervasive that certain more socialist states including California and New York are attempting to offset the loss of sustainable income jobs by forcing retail and service companies into paying an inflated minimum wage. That is to say, states hope to stop the bloodletting in wages by magically turning low paying jobs into high paying jobs.
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Obama Claims Power to Make Illegal Immigrants Eligible for Social Security, Disability

from The Burning Platform:

Does the president of the United States have the power to unilaterally tell millions of individuals who are violating federal law that he will not enforce that law against them now, that they may continue to violate that law in the future and that he will take action that makes them eligible for federal benefit programs for which they are not currently eligible due to their unlawful status?
Through Solicitor General Donald Verrilli, President Barack Obama is telling the Supreme Court exactly this right now.
The solicitor general calls what Obama is doing “prosecutorial discretion.”
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IS TED CRUZ ABOUT TO BE NAMED IN A HUGE PROSTITUTION SCANDAL?

by Piper McGowin, SHTFPlan:

Ted Cruz just won Wisconsin big time, right? He declared that he is unifying the GOP. That “they” are going to beat Trump. That it’s all over.
But who is it really all over for?
It is now being reported that, although Cruz finally directly denied ever cheating on his wife in an interview with Fox News’ Megyn Kelly who directly asked him if he’d ever been unfaithful, the lid is about to be blown on Ted’s ties to the DC Madam with evidence including that his number is listed in her infamous “black book”.
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