Concerned 'Anti-Republican' Writes "Dear Hillary, I'm Worried..."

Submitted by Tyler Durden on 05/11/2016 - 15:55

What Will The Global Economy Look Like After The "Great Reset"?

Submitted by Tyler Durden on 05/11/2016 - 22:30 The globalist reset needs a trigger, a crisis which admittedly we do not have the ability to avoid. But, the reset also depends on the right people in place to rebuild the system after the crisis unfolds. Here is where the future can be determined. Whoever is left standing after the opening salvo will have a choice: to hide and hope for the best, or to fight for the position to choose who builds tomorrow. Will it be the psychotic globalist cabal, or will it be free people of conscience? It may not seem like it now, but the end result is up to us.


Coward...

London's New Mayor To Donald Trump: Let Muslims In Or They Will Attack The US

Submitted by Tyler Durden on 05/11/2016 - 21:57 London's new mayor Sadiq Khan brushed aside Trump's suggestion that he would exempt him from his proposed ban on Muslims entering the United States, and said that "this isn't just about me - it's about my friends, my family and everyone who comes from a background similar to mine, anywhere in the world," he said. Quoted by the Telegraph, Khan added: "Donald Trump's ignorant view of Islam could make both of our countries less safe - it risks alienating mainstream Muslims around the world and plays into the hands of extremists."
 

Justice Department's Reputation At Stake As Hillary-Email Decision Looms

Submitted by Tyler Durden on 05/11/2016 - 15:00 "I'm greatly concerned about the reputation of the Justice Department, which is why I have stated that I think the proper and best course would have been to have this go to an independent prosecutor a good year ago. It was pretty obvious that to put these decisions in the hands of high-ranking political appointees creates a perception - valid or not - of, at the very least, unconscious political influence." - former DoJ official.

Getting It All Straight - Trumpism, Nationalism, Patriotism, & Libertarianism

Submitted by Tyler Durden on 05/11/2016 - 21:30 Speaking very generally, American libertarianism is consistent nationalism: not the expansionist, militaristic nationalism of Europe, but that of the Founders. In this country, a nationalist necessarily upholds the American tradition of limited government, the rule of law, and – yes – “isolationism” (“She goes not abroad in search of monsters to destroy”). No wonder John Kerry preaches the virtues of a “borderless world,” and warns graduating students of the dangers of “looking inward”! Empires aspiring to world hegemony don’t recognize the legitimacy of borders, and as for looking inward – why do that when we have a whole world to conquer?

In China, Nobody Wants To Be A Bagholder

Submitted by Tyler Durden on 05/11/2016 - 21:00 With the frenzied speculation that drove levels and volumes in Chinese commodities off the charts having dawned on everyone from Cramer to Chinese Securities regulators as 'not real', it appears everyone is scrambling to not be the bagholder for this bubble as authorities crackdown on Chinese asset managers pooling retail investor funds, warning of the rise of "ponzi schemes." While nobody knows for sure how much of the trading surge has been driven by individuals, but the evidence suggests retail punters are playing a big role, and as Bloomberg reports, the average holding period for contracts including rebar and iron ore was less than 3 hours in April!

11 Signs That The U.S. Economy Is Rapidly Deteriorating Even As The Stock Market Soars

Submitted by Tyler Durden on 05/11/2016 - 20:30 We have seen this story before, and it never ends well... Gravity beckons, and the crash that is to come is going to be a great sight to behold.

When Social Media Goes Too Far: French Woman Broadcasts Her Suicide On Periscope

Submitted by Tyler Durden on 05/11/2016 - 20:00 ...Around 1,000 viewers watched as the girl said "What's about to happen will be very shocking, but I'm not doing it for the hype, I am doing it to send a message", which prompted users to respond with such comments as "we're waiting", and "give us a hint."...

Turkey Threatens Europe: "Unless Visas Are Removed, We Will Unleash The Refugees"

Submitted by Tyler Durden on 05/11/2016 - 19:34 A high-ranking Turkish politician said that Ankara will send migrants back to the EU if the European Parliament won’t grant visa-free travel to Turkish citizens.  Kuzu made several statements on Twitter in anticipation of Wednesday’s session of European parliament, at which visa exemption for Turkish nationals in the Schengen zone, as part of a migrant deal between Brussels and Ankara, was to be discussed. "The European Parliament will discuss the report that will open Europe visa-free for Turkish citizens. If the wrong decision is taken, we will unleash  the refugees!" in what was an unmistakable threat.

Central Banks And The Rise Of Extremism

Submitted by Tyler Durden on 05/11/2016 - 19:30 Perhaps the world will have to wait it out to finally be graced with leaders who are willing to stand by their convictions and make hard, maybe even unpopular, choices. Such leaders might have to risk sacrificing everything political to be crowned the next true champions of conviction, giving us all a shot at a once again storied fate. Where does that leave us? Apparently angry. Very, very angry.

Brazilian Soccer Star Warns Olympic Visitors "Stay Home, Your Life Is At Risk Here"

Submitted by Tyler Durden on 05/11/2016 - 19:04 "Things are getting uglier here every day, I advise everyone with plans to visit Brazil for the Olympics in Rio — to stay home. You'll be putting your life at risk here. This is without even speaking about the state of public hospitals and all the Brazilian political mess. Only God can change the situation in our Brazil."

Romney Cries "Bombshell" After Trump Becomes First Candidate In 40 Years To Not Disclose Tax Returns

Submitted by Tyler Durden on 05/11/2016 - 19:00 "Due to the ongoing audit" of his tax returns since 2009, Trump will be the first presidential nominee since 1976 not to make tax returns public. However, despite the fact that there is no legal requirement to do so, Mitt Romney could not help himself proclaming Trump's guilt before innocence is proved: "Given Mr. Trump's equanimity with other flaws in his history, we can only assume it's a bombshell of unusual size."

The Militarization Of America's Police: Despite Obama Promises, War-Weapon Spending Soared In 2014/15

Submitted by Tyler Durden on 05/11/2016 - 18:30 The militarization of America's police has been a topic of concern for years (most openly since The Boston Marathon bombing in 2013) but reached a crescendo in 2014 amid Ferguson's riots when the average joe was exposed to MRAPs up close and personal. In October 2014, President Obama began planning to increase funding for military equipment transfers to the police, but then in May 2015, he flip-flopped - proclaiming his goal to de-militarize the police. However, this was another lie. As Forbes reports, despite Obama's pledge to demilitarize the police new federal data shows that 2014 and 2015 were peak years for shipments of surplus military gear to local police departments across America.

A Central Banker Officially Loses It: "We Are Magic People"

Submitted by Tyler Durden on 05/11/2016 - 17:58 “Markets say the ECB is done, their box is empty,” Vasiliauskas, who heads Lithuania’s central bank. "But we are magic people. Each time we take something and give to the markets -- a rabbit out of the hat."

Islamic State Buries Alive Dozens Of Its Own Soldiers To Stem Soaring Defections

Submitted by Tyler Durden on 05/11/2016 - 17:43 One month ago, in an attempt to stem soaring soldier defections, the Islamic State sent a very clear message to anyone considering quietly abanonding the ISIS army when it killed 45 battlefield defectors by freezing them to death. In retrospect this attempt to "build morale" appears to have failed, and defections have - predictably - accelerated. So to send an even stronger message, the Islamic State has reportedly buried alive dozens of its own militants, after the jihadists refused to fight and fled the battlefield.

US Senator Shocked - "Are Americans OK With White House Propaganda?"

Submitted by Tyler Durden on 05/11/2016 - 17:30 "Washington is in the process of replacing self-evident truths with self-serving spin. This is dangerous...For no one is entitled to his or her own facts - yet this New York Times story makes clear that the executive branch feels empowered to proclaim its own narratives."

Stocks Dump, Bonds Jump As Retail Wreckage Trumps Crude Spike

Submitted by Tyler Durden on 05/11/2016 - 17:13

Obamacare Rules Change Opens Door For State Bailouts

Submitted by Tyler Durden on 05/11/2016 - 17:00 Under Obamacare, the government spent $2.4 billion creating 23 non-profit healthcare cooperatives which were intended to help drive down health insurance costs through competition with for-profit companies. 12 of the 23 co-ops lost so much money that they had to shut down, and the remaining 11 lost a combined $400 million last year; and so the Obama administration is changing the rules midstream so that the remaining 11 co-ops can have state governments place officials on their boards of directors, and make it easier to attract outside investors. Said otherwise, the moves ultimately make a state bailout possible.

Bill Ackman Releases Ghastly Portfolio Update; Defends Valeant, Other Money-Losing Investments

Submitted by Tyler Durden on 05/11/2016 - 16:44 Ackman just released his disastrous Q1 Portfolio Update, in which he made zero macro comments, and instead spent the entire letter defending his various investments such as Air Products, Canadian Pacific (of which he sold 30% of its position on April 22), Fannie Mae, his Herbalife short which recently has cost him even more hundreds of millions in losses, Howard Hughes Company, Mondelez (where he also sold 20 million share on March 16), Nomad Foods, Platform Specialty Products, Restaurant Brands, and Zoetis (where he sold a 16.85mm share block on May 9 taking his stake from 8.6% to 5.0%). Why all the liquidations? Because of Valeant of course, which remains Ackman's biggest headache, and to whose defense he dedicated the most time.

Peter Boockvar Warns "If Central Bankers Get Their Way, The Global Bond Market Will Blow Up"

Submitted by Tyler Durden on 05/11/2016 - 16:30 "My fear is that central banks are now taking this too far through negative interest rates in particular and that they’re going to literally destroy their own banking systems. If they’re actually successful in generating higher inflation, then they’re going to destroy their own bond markets... our government officials, and I will include the Federal Reserve in that, have failed the American people."

Big Test Looms For Oil Stock Rally

Submitted by Tyler Durden on 05/11/2016 - 15:20 Oil stocks are at a seemingly “must-hold” level within their long-term reversal attempt.

According To JPM's Quant Guru, This Is The "Main Risk For The Market" Right Now

Submitted by Tyler Durden on 05/11/2016 - 15:08 "Given the low levels of volatility and high levels of leverage, the main risk for the market remains a potential volatility shock. Over the past month, low volatility resulted in significantly higher market liquidity. If volatility were to increase, liquidity would dry out quickly. Should the VIX increase above ~20, market liquidity (depth) would like get cut roughly in half. It is this relationship between market volatility and liquidity that leads to increases in ‘volatility of volatility’"

Greece Again Surrenders to Troika Bandits

by Stephen Lendmen, Market Oracle:
On Sunday, long-suffering Greeks suffered another body blow. Parliamentarians voted 153 to 143 for greater austerity than already, exclusively benefitting Western bankers and large investors, social justice entirely ignored.
A three day anti-austerity strike featured protests and sit-ins. Large parts of Greece’s economy were shut down, including transport, schools and other public services to no avail.
Elected on a pledge to end neoliberal austerity, Prime Minister Alexis Tsipris’ SYRIZA regime betrayed its supporters, letting Western monied interests financially rape and pillage Greece more than already.
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We Need a Complete System Overhaul: 5 Charts That Blow Up the Status Quo

by Charles Hugh Smith, Of Two Minds:
The promises made when there were 7 workers for every retiree cannot be kept when there are only 2 workers for every retiree.
In an auto-mechanic analogy, the Powers That be are assuring us those grinding noises under the hood and the black smoke chugging out of the tailpipe are no big deal and can be fixed with a minor tuneup. They’re wrong; we need a total overhaul to avoid a total system breakdown.
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