Submitted by Tyler Durden on 05/26/2016 - 15:45
"It’s pretty remarkable," "Morning Joe" host Joe Scarborough said of Clinton’s response to the OIG watchdog report "I don’t understand why you put out a statement like that,” Scarborough added. "Stop lying, stop digging." The slam continued: “'I screwed up. I’m terribly sorry,'" he offered as alternate responses. "'I hope the American people will forgive me and I hope they will let us move on to the issues that matter.'”
Amidst a global media blackout of Anonymous’ ongoing worldwide attacks
on the “corrupt banking cartels,” the hacking collective has now taken
down some of the most prestigious institutions in global governance.
OpIcarus has recently taken offline the World Bank, the New York Stock
Exchange, five U.S. Federal Reserve Banks and the Vatican.After announcing a global call to arms against the “corrupt global banking cartel,” the hacker collective, known as Anonymous, in conjunction with Ghost Squad Hackers, have taken over 30 central banks offline, including striking many targets at the heart of the Western imperialist empire.
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Were you aware that Venezuela banned guns for private citizens a mere
four years ago, in 2012? Although the country was already in trouble, it
seems like that was the beginning of the end.Under the reign of Hugo Chavez, the government introduced a law that banned personal purchases of firearms and ammunition in an attempt to “improve security and cut crime”. The law was designed to keep guns in the hands of only police, military, and some security companies.
At the time, Chavez’s government said that “the ultimate aim is to disarm all civilians.” Shortly after the law passed, Chavez lost a battle to cancer, and bus driver Nicolas Maduro became the new president.
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10 People You Can Vote For In 2016 Not Named Trump Or Clinton
Submitted by Tyler Durden on 05/26/2016 - 17:15 There is a disturbance in the Force. At an accelerating rate, the American people are realizing the two-party system is rigged to ensure the corrupt oligarchs of the deep state continue to rule the roost. The ‘lesser of two evils’ argument is causing more chaos than ever before - because this time around, we’re dealing with the two most disliked candidates in American political history. It’s not even close. Voters won’t be holding their noses as they cast their ballots this year - they’ll have gas masks strapped to their heads. The following list outlines 10 independent or 3rd party candidates you can vote for in 2016...
The New Millennial Dream: Make Over $200,000 And Retire At 90
Submitted by Tyler Durden on 05/26/2016 - 17:40 Faced with an economy that is creating lower paying jobs, millennials are making less, piling up more debt, and more than any other time since the Great Depression, are returning home to live with their parents. In a video produced by Morningstar's U.K. unit, millennials discussed what their career aspirations are, and what they expect from their financial future. There were certainly some interesting, if not telling, responses as to the confused state of expectations vs. reality that millennials are dealing with at the moment.Europe unemployment is manipulated just like the US. The private central bank countries are all manipulating the data. More young Americans live with their parents than at any time since the great depression. Layoffs continue, major corporation are continually laying off employees. Tiffany sales decline and the retail apocalypse continues. Service sector tumbles. Baltic Dry Index declines. State tax revenue declines showing that the quality and the number of jobs have declined dramatically.
Caption Contest: Spot The Odd G-7 Leader Out
Submitted by Tyler Durden on 05/26/2016 - 16:50 The G-7 "committee to think and talk about saving the world but which will actually end up doing nothing at all" meet in Sendai this weekend. Can you spot the odd one out?
3 Things: Auto Angst, Valuation Vulnerabilities, & Delusional Decouplings
Submitted by Tyler Durden on 05/26/2016 - 16:25 Yes, the “bull market” is currently alive and well. However, there are mounting signs that a “cancer” has taken hold and will eventually reveal itself in the not so distant future. Unfortunately, for most investors, the inevitable outcome of chasing yield with a complete disregard of the underlying risk will be catastrophic.Decouple-apalooza - Bonds, Yen, Oil, Dollar Diverge From Volumeless Stock Levitation
Submitted by Tyler Durden on 05/26/2016 - 16:04
This Is How Much Your Health Insurance Payment Is About To Jump By
Submitted by Tyler Durden on 05/26/2016 - 15:37 For all those currently enrolled in healthcare plans administered in the following states, this is how much, on average, your plans will go up by.
Wells Fargo Reintroduces 3% Down Mortgages
Submitted by Tyler Durden on 05/26/2016 - 15:28 Wells Fargo & Co. is rolling out a new mortgage for borrowers making minimal down payments, an offering that could allow the bank to step back significantly from a controversial Federal Housing Administration program. The bank’s new mortgage allows borrowers?with credit scores?as low as 620 on a scale of 300 to 850?to make down payments of as little as 3%, while also allowing them to use income from family members or renters to qualify.
Peak Idiocracy? Students Demand End To Midterms, Abolish Grades 'C' Or Below
Submitted by Tyler Durden on 05/26/2016 - 15:15 Students on liberal arts college campuses may have just jumped the shark for special-snowflakedness. As The Week reports, students at Oberlin College are asking the school to put academics on the back burner so they can better turn their attention to activism.
Donald Trump Unveils "Make American Energy Great Again" Plan - Live Feed
Submitted by Tyler Durden on 05/26/2016 - 15:13 Donald Trump will head to the heart of America’s oil and gas boom on Thursday to unveil details of his policies on energy and the environment. As NYTimes reports, speaking at an oil industry conference in Bismarck, N.D., Mr. Trump is expected to embrace standard Republican calls for more fossil fuel drilling and fewer environmental regulations, while possibly elaborating on his positions on climate change. Having vowed to "get those miners back to work," and "get rid of [EPA] in almost every form," this is the first time since becoming the presumptive nominee that Presidential candidate Trump has a platform for a policy speech... we are sure Clintonites will be listening intently.
The Fed Has A Problem: Inflation May Hit 3.5% By December Due To Gas Price "Base Effect"
Submitted by Tyler Durden on 05/26/2016 - 14:57 As we approach the anniversary of last year's oil - and gasoline - price lows and the base-effect goes away, the sharp pick up in gas prices is set to have a sharp upward impact on Consumer Price Inflation. It will also wreak havoc on the Fed's strategy of playing possum and not hiking as long as inflation remained "stubbornly low."In short: the Fed suddenly has a problem. Here's why.
Plunging Personal Income Tax Revenues Slam State Budgets In April
Submitted by Tyler Durden on 05/26/2016 - 14:40 April is the most important revenue month for states because it contains the tax filing deadline and taxpayers tend to wait until the last minute to pay any taxes that may be owed from the prior year. This April, personal income tax revenue fell by an average of 9.88 percent compared to the same period last year in the 32 states for which Reuters has data (Puerto Rico as well). Due to the drop in income taxes, and April being near the end of the fiscal year for many states, states that were depending on a strong inflow of revenues in April are now left scrambling to fill budget gaps.
Does The U.S. Have A Plan For The Post-Oil Era?
Submitted by Tyler Durden on 05/26/2016 - 14:23 The world's largest exporter of crude oil, the Kingdom of Saudi Arabia, recently announced a plan for its post-oil future. If a country almost synonymous with the oil economy can see the need for such a plan, how can the rest of the world, particularly the United States, the world's largest consumer of petroleum, not see the necessity of such foresight?
Brexit Bets Surge At Bookies Despite Cable Strength
Submitted by Tyler Durden on 05/26/2016 - 14:10 Cable has strengthened notably in the last week or so as Cameron and Osborne unleashed phase 2 of "project fear" and 'some' Brexit polls suggested market fears of a 'leave' decision were overblown. However, the broad polls still show the decision is too close to call, which is why the news from Ladbrokes - Britain's largest bookmaker - that they have seen a sudden surge in Brexit bets in the last few days. Interestingly, sterling has started to leak lower today...
Furious China Slams "Irrational" US Trade War, Warns "Will Take Steps"
Submitted by Tyler Durden on 05/26/2016 - 13:45 Overnight the Commerce Department escalated its trade war with China when it implemented the latest clampdown on a glut of steel imports, when it announced that corrosion-resistant steel from China will face final U.S. anti-dumping and anti-subsidy duties of up to 450%. China's Commerce Ministry said it was extremely dissatisfied at what it called the "irrational" move by the United States, which it said would harm cooperation between the two countries. "China will take all necessary steps to strive for fair treatment and to protect the companies' rights," it said, without elaborating.
by The Doc, Silver Doctors:
While this should come as no surprise to any rational
non-establishment-teet-suckling economist (and certainly not to our
readers), former McDonalds’ CEO Ed Rensi continued his crusade against
the naive “solution” to poor living standards that has been peddled by a
clueless administration in the form of a higher federal minimum wage,
and after he patiently explained one month ago that “the $15 minimum
wage demand, which translates to $30,000 a year for a full-time
employee, is built upon a fundamental misunderstanding of a restaurant
business just do the math” Rensi found that nobody has still done the
math.
Which is perhaps why the ex-CEO reappeared on Fox Business yesterday to explain to Maria Bartiromo that as fast-food workers across the country vie for $15 per hour wages, many business owners have already begun to take humans out of the picture, McDonalds most certainly included.
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While this should come as no surprise to any rational
non-establishment-teet-suckling economist (and certainly not to our
readers), former McDonalds’ CEO Ed Rensi continued his crusade against
the naive “solution” to poor living standards that has been peddled by a
clueless administration in the form of a higher federal minimum wage,
and after he patiently explained one month ago that “the $15 minimum
wage demand, which translates to $30,000 a year for a full-time
employee, is built upon a fundamental misunderstanding of a restaurant
business just do the math” Rensi found that nobody has still done the
math.Which is perhaps why the ex-CEO reappeared on Fox Business yesterday to explain to Maria Bartiromo that as fast-food workers across the country vie for $15 per hour wages, many business owners have already begun to take humans out of the picture, McDonalds most certainly included.
Read More
by Charles Hugh Smith, Of Two Minds:
Privilege serves the same purpose–benefiting the few at the expense of the many–regardless of the system’s ideological labels.
The righteous disgust with the status quo that spawned the broad-based campaigns of Bernie Sanders and Donald Trump is not unique to the U.S. Globally, those disenfranchised by the status quo–the unprivileged, or in Peggy Noonan’s phrase, the unprotected— are starting to express their discontent in the streets, in social media and in elections.
Why are people around the world angry? It’s obvious to everyone in the unprivileged classes and a mystery to the “we’re doing just fine here, what’s your problem?” privileged classes: The system is rigged to benefit the protected few and marginalize the unprotected many.
The problems are not just political; they are structural. As I outline in my new book, Why Our Status Quo Failed and Is Beyond Reform, there are two structural engines of disorder at the heart of the system:
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Privilege serves the same purpose–benefiting the few at the expense of the many–regardless of the system’s ideological labels.The righteous disgust with the status quo that spawned the broad-based campaigns of Bernie Sanders and Donald Trump is not unique to the U.S. Globally, those disenfranchised by the status quo–the unprivileged, or in Peggy Noonan’s phrase, the unprotected— are starting to express their discontent in the streets, in social media and in elections.
Why are people around the world angry? It’s obvious to everyone in the unprivileged classes and a mystery to the “we’re doing just fine here, what’s your problem?” privileged classes: The system is rigged to benefit the protected few and marginalize the unprotected many.
The problems are not just political; they are structural. As I outline in my new book, Why Our Status Quo Failed and Is Beyond Reform, there are two structural engines of disorder at the heart of the system:
Read More
by Pamela Geller, Freedom OutPost:
The
EU will isolate and use sanctions against any far-right or populist
governments that are swept to power or presidential office on the wave
of popular anger against migration.
It was reported Tuesday that the European Commission is moving to make sure that their hegemonic hold on European politics isn’t broken by populist parties that want to save Europe from the Muslim migrant invasion.
“Norbert Hofer failed in his bid for Austria’s presidency, but he would have been cut out of EU decision-making,” reported the Times of London.
“The EU will isolate and use sanctions against any far-right or populist governments that are swept to power or presidential office on the wave of popular anger against migration.”
The Times quoted Jean-Claude Juncker, president of the European Commission, saying flatly: “There is no debate or dialogue with the far-right.”
This is the modern face of fascism: the “anti-fascists.”
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The
EU will isolate and use sanctions against any far-right or populist
governments that are swept to power or presidential office on the wave
of popular anger against migration.It was reported Tuesday that the European Commission is moving to make sure that their hegemonic hold on European politics isn’t broken by populist parties that want to save Europe from the Muslim migrant invasion.
“Norbert Hofer failed in his bid for Austria’s presidency, but he would have been cut out of EU decision-making,” reported the Times of London.
“The EU will isolate and use sanctions against any far-right or populist governments that are swept to power or presidential office on the wave of popular anger against migration.”
The Times quoted Jean-Claude Juncker, president of the European Commission, saying flatly: “There is no debate or dialogue with the far-right.”
This is the modern face of fascism: the “anti-fascists.”
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from TRU News:
Protesters gathered outside of a rally in Albuquerque last night to
demonstrate against GOP presidential candidate Donald Trump. They threw
rocks and bottles at police, as they tried to storm the convention
center by knocking down barricades. Several officers were hurt.
The agitators carried signs that read “Trump is the face of white supremacy” and “fascist not welcome on native land”. But the signs weren’t handwritten on poster board. They appeared to be pre-produced. On the bottom, they said “pslweb.org”.
Read More
Protesters gathered outside of a rally in Albuquerque last night to
demonstrate against GOP presidential candidate Donald Trump. They threw
rocks and bottles at police, as they tried to storm the convention
center by knocking down barricades. Several officers were hurt.The agitators carried signs that read “Trump is the face of white supremacy” and “fascist not welcome on native land”. But the signs weren’t handwritten on poster board. They appeared to be pre-produced. On the bottom, they said “pslweb.org”.
Read More
by Paul Craig Roberts, Paul Craig Roberts:
Yesterday State Department deputy propaganda spokesperson Mark Toner
reminded US companies that there are economic and reputational risks
associated with doing business with Russia until Russia gives Crimea
back to Washington’s puppet government in Kiev.
http://sputniknews.com/politics/20160524/1040134996/russia-us-business-sanctions.html
I see the matter differently from the US State Department.
The only risk American corporations face from doing business in Russia is from the US government. Washington will punish the US companies unless, of course, the companies are part of the corporate oligarchy which has been granted immunity to the sanctions.
The risk involved is to Russia. Here are some of the risks:
When a Russian company does business with an American one, the American firm obtains economic information about Russia which is given to the CIA.
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Yesterday State Department deputy propaganda spokesperson Mark Toner
reminded US companies that there are economic and reputational risks
associated with doing business with Russia until Russia gives Crimea
back to Washington’s puppet government in Kiev.http://sputniknews.com/politics/20160524/1040134996/russia-us-business-sanctions.html
I see the matter differently from the US State Department.
The only risk American corporations face from doing business in Russia is from the US government. Washington will punish the US companies unless, of course, the companies are part of the corporate oligarchy which has been granted immunity to the sanctions.
The risk involved is to Russia. Here are some of the risks:
When a Russian company does business with an American one, the American firm obtains economic information about Russia which is given to the CIA.
Read More
by J. D. Heyes, Natural News:
As readers of Natural News are well aware, the medical industry, in
collusion with Big Pharma, has been over-prescribing antibiotics for
years, resulting in new strains of superbugs that are difficult to kill.
In point of fact, it’s not at all improper to suggest that at some
point in the future, our overuse of antibiotics may result in bacteria
evolving to the point where nothing on earth can kill it.
Long before today’s antibiotics were developed in labs, however, there were foods and herbs that helped us guard against infection and disease on a daily basis. Indeed, many of these natural anti-bacterial defenders are still around today, and are in use by holistic healers around the world.
Our ancestors had solutions for healing, utilizing antibiotics from nature which are still as valid now as they were then.
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As readers of Natural News are well aware, the medical industry, in
collusion with Big Pharma, has been over-prescribing antibiotics for
years, resulting in new strains of superbugs that are difficult to kill.
In point of fact, it’s not at all improper to suggest that at some
point in the future, our overuse of antibiotics may result in bacteria
evolving to the point where nothing on earth can kill it.Long before today’s antibiotics were developed in labs, however, there were foods and herbs that helped us guard against infection and disease on a daily basis. Indeed, many of these natural anti-bacterial defenders are still around today, and are in use by holistic healers around the world.
Our ancestors had solutions for healing, utilizing antibiotics from nature which are still as valid now as they were then.
Read More
by Ted Bauman, The Sovereign Investor:
Picture the scene: A man is blackmailed as revenge for cuckolding. He
brings $75,000 in $500 bills — cash that he’s acquired from a home
equity line of credit — to a meeting on a bridge, as the other man has
demanded.
The blackmailer looks at the cash pensively for a moment. Then he takes it out of the bag and throws it over the side.
I saw this scene in a movie recently. I’ll not soon forget the image of $75,000 in borrowed money fluttering away into the Skokomish River. My poor wife was distraught. I imagine this image gives you a jolt, too. We’re hardwired to understand that purchasing power in physical form — i.e., cash — is highly ephemeral. It can disappear in a flash.
It also gives rise to a fact that may startle you: For most of human history, we’ve lived in largely cashless societies. It’s nothing new.
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Picture the scene: A man is blackmailed as revenge for cuckolding. He
brings $75,000 in $500 bills — cash that he’s acquired from a home
equity line of credit — to a meeting on a bridge, as the other man has
demanded.The blackmailer looks at the cash pensively for a moment. Then he takes it out of the bag and throws it over the side.
I saw this scene in a movie recently. I’ll not soon forget the image of $75,000 in borrowed money fluttering away into the Skokomish River. My poor wife was distraught. I imagine this image gives you a jolt, too. We’re hardwired to understand that purchasing power in physical form — i.e., cash — is highly ephemeral. It can disappear in a flash.
It also gives rise to a fact that may startle you: For most of human history, we’ve lived in largely cashless societies. It’s nothing new.
Read More
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