Submitted by Tyler Durden on 05/23/2016 - 16:18 Donald Trump released a new video on Monday that uses audio of women who have accused President Clinton of sexual assault to attack Hillary Clinton. It plays the audio against a black-and-white backdrop of the White House and an image of Bill Clinton with a cigar in his mouth. It then pivots to audio of Hillary Clinton laughing.
Who Is Right Between Oil And Other Commodities: One Hedge Fund's Opinion
Submitted by Tyler Durden on 05/23/2016 - 23:22 So far in May, base metals and Oil decoupled markedly. While the Oil price kept rising and moved closer to 50$, base metals fell off a cliff and descended below March lows. We believe that Oil is the errant outlier, helped by deep but temporary supply outages in Canada and Nigeria and all-time record speculative flows, and is more likely to catch down to other commodities going forward rather than the other way round. We look at Oil gyrations as short-term heavy volatility, within a long-term downward trend.
FBI's Own Report Exposes "War On Cops" As Pure Propaganda
Submitted by Tyler Durden on 05/23/2016 - 22:40 Following a year in which the public was relentlessly barraged with alarmist rhetoric about a “war on cops” and the dreadful impact of the so-called “Ferguson Effect,” official FBI statistics confirm that violent line-of-duty police deaths declined precipitously in 2015.
The Fed's Loss Of Credibility Is Real: This Is What It Looks Like
Submitted by Tyler Durden on 05/23/2016 - 22:15 Asset markets aren't prepared for a hawkish Fed. As Bloomberg's Richard Breslow notes Fed speakers have even taken to the Sunday talk shows to beat the rate-rise drum as economics is morphing into punditry. They’re going to raise rates because they can, are independent, apolitical and can’t be bullied by foreigners. The numbers notwithstanding...
The CME Admits Futures Trading Was Rigged Under Old System
Submitted by Tyler Durden on 05/23/2016 - 22:02 CME Group Inc., the world’s largest exchange operator, just completed an upgrade traders said would eliminate a shortcoming that gave some participants an advantage. Under the old system, data connections that linked customers to CME -- where key products like Treasury futures and contracts tied to the Standard & Poor’s 500 Index trade -- had noticeably different speeds, opening up the potential for gaming, according to traders and other experts. Those who knew how to gain faster access could increase their odds of being first in line to trade.
by Paul Craig Roberts, Paul Craig Roberts:
As readers know, I have seen some optimism in voters support for Trump
and Sanders as neither are members of the corrupt Republican and
Democratic political establishments. Members of both political
establishments enrich themselves by betraying the American people and
serving only the interest of the One Percent. The American people are
being driven into the ground purely for the sake of more mega-billions
for a handful of super-rich people.
Neither political party is capable of doing anything whatsoever about it, and neither will.
The optimism that I see is that the public’s support of outsiders is an indication that the insouciant public is waking up. But Americans will have to do more than wake up, as they cannot rescue themselves via the voting booth. In my opinion, the American people will remain serfs until they wake up to Revolution.
Read More
As readers know, I have seen some optimism in voters support for Trump
and Sanders as neither are members of the corrupt Republican and
Democratic political establishments. Members of both political
establishments enrich themselves by betraying the American people and
serving only the interest of the One Percent. The American people are
being driven into the ground purely for the sake of more mega-billions
for a handful of super-rich people.Neither political party is capable of doing anything whatsoever about it, and neither will.
The optimism that I see is that the public’s support of outsiders is an indication that the insouciant public is waking up. But Americans will have to do more than wake up, as they cannot rescue themselves via the voting booth. In my opinion, the American people will remain serfs until they wake up to Revolution.
Read More
Wheelbarrow Economics
Submitted by Tyler Durden on 05/23/2016 - 21:50 In 1922, Germany was up to its eyes in debt, to the point that it was beyond repayment. The government, in attempting to overcome the dire poverty that had developed, decided to print more paper banknotes. The printing didn’t (and couldn’t) solve the problem, so they printed more. Then more again... The reader may say to himself, “When will people learn?” Sadly, they don’t. Incredibly, when the reichsmark collapsed in 1923, no one blamed the excessive printing. In fact, many people felt that if only the printing had continued just a bit longer, everything might have been all right. What we can take away from this is that what happened in Weimar Germany in 1922–1923 is happening now in Venezuela in 2016. (And has happened in some twenty other countries over the last hundred years, most recently in Argentina in 2000 and in Zimbabwe in 2008.) The same will occur in Europe and America in the fairly near future.
We're In The Eye Of A Global Financial Hurricane
Submitted by Tyler Durden on 05/23/2016 - 21:46 The global financial system is in the eye of an unprecedented hurricane. While central bankers are congratulating themselves on their god-like mastery of Nature, and secretly praying to the idols of the Keynesian Cargo Cult every night, the inevitable consequence of borrowing from the future, the obsession with "growth" at any cost and financialization /monetary stimulus, a.k.a. the rich get richer thanks to central banks is systemic collapse.
Here’s How The U.S. Government Treats Whistleblowers
Submitted by Tyler Durden on 05/23/2016 - 21:23 Edward Snowden has called for a complete overhaul of US whistleblower protections after a new source from deep inside the Pentagon came forward with a startling account of how the system became a “trap” for those seeking to expose wrongdoing. The account of John Crane, a former senior Pentagon investigator, appears to undermine Barack Obama, Hillary Clinton and other major establishment figures who argue that there were established routes for Snowden other than leaking to the media.
"Pre-Crime" Arrives In Chicago - Big Data Tells Cops Who's Next To Be Shot
Submitted by Tyler Durden on 05/23/2016 - 21:00 In Chicago, where homicides are out of control and estimated to top 550 in 2016 (the most since 2012), police are so desperate to correct the problem that they are throwing good old fashioned police work to the wind, and turning to 'Minority Report'-esque algorithms to do the work for them.
Kyle Bass Was Right: SocGen Does The Math On China's Staggering NPL Problem, Issues Dire Warning
Submitted by Tyler Durden on 05/23/2016 - 20:53 "As SOE restructuring progresses, it will also become more apparent that Chinese banks need to be rescued. We estimate that the total losses in the banking sector could reach CNY8 trillion, equivalent to more than 60% of commercial banks’ capital, 50% of fiscal revenues and 12% of GDP."
Prescription Pain-Killers: "Far Riskier" Than Gun Ownership
Submitted by Tyler Durden on 05/23/2016 - 20:35 One of the most beat to death gun control arguments is “Your odds of dying go WAY higher if you have a gun in the home! No one should own guns, guns are deadly!” Now replace the word “gun” with “opioid-based painkillers” – yes, I mean the Percocets, Vicodins, Oxycontins, and all the others. Now your argument is somewhere between 5 and 107 times as pertinent, depending on the classification of suicide, and addiction/accessibility.
South Africa's Standard Bank Victim Of "Perfectly Coordinated Attack" In Japanese ATM Scam
Submitted by Tyler Durden on 05/23/2016 - 20:14 In what has been described as "a sophisticated, coordinated fraud incident," more than 100 people withdrew $13 million from 1400 ATMs across Japan in less than three hours. The coordinated heist involved forged credit cards, and data stolen from South Africa's Standard Bank.
Understanding Societal Collapse: Warnings From Venezuela's Crisis
Submitted by Tyler Durden on 05/23/2016 - 19:45 "For the average "middle class" person in Venezuela -- educated and still holding on to a good job -- he needs two years of wages to buy a single plane ticket in his own currency. He's stuck there. The problem is that he waited too long to leave... You can't even find some land and grow your own food. You cannot do that when you have the government stealing it from you. It’s a no win situation."TSA Head Of Security Fired (After $90,000 Bonus)
Submitted by Tyler Durden on 05/23/2016 - 19:20
Hedge Fund CIO Explains Why Most Missed The Oil Rally
Submitted by Tyler Durden on 05/23/2016 - 19:18 "Oil is a 60 vol instrument,” said the CIO. “If you’re targeting 10 vol for your fund, how much oil could you own?” he asked. “At most you put 15% of your fund in the trade.” Meaning you had nothing else in the book. “So imagine you caught 50% of the 70% crude rally. Your absolute best case would’ve been a 7.5% gross return.... Realistically your best case was more likely +2.5% on this heroic rally, which is why the industry is broken.”
Ron Paul: Much Ado About Restrooms
Submitted by Tyler Durden on 05/23/2016 - 18:55 Some say government must be involved in the debate over what bathroom transgender individuals should use in order to ensure that private businesses do not violate individual rights. Those who make this claim are accepting the idea that rights are no more than a gift from the government that can be revoked at the will and whim of legislators and bureaucrats. This argument turns rights from a shield protecting our liberties into a sword that can and will be used to increase government control of our lives.
from Dahboo7:
Recent tests by the Portuguese No GMO Coalition showed that volunteers in the country had extremely high levels of glyphosate in their urine, placing their contamination rate well above that of many places in Europe. Every single one of the 26 volunteers had cancer-causing glyphosate in their urine; similar tests in Switzerland last year found glyphosate in only 38 percent of people. Meanwhile, testing by Friends of the Earth across 18 different European countries found glyphosate in just 44 percent of the urine samples tested.
Recent tests by the Portuguese No GMO Coalition showed that volunteers in the country had extremely high levels of glyphosate in their urine, placing their contamination rate well above that of many places in Europe. Every single one of the 26 volunteers had cancer-causing glyphosate in their urine; similar tests in Switzerland last year found glyphosate in only 38 percent of people. Meanwhile, testing by Friends of the Earth across 18 different European countries found glyphosate in just 44 percent of the urine samples tested.
Dramatic Time-Lapse Animation Showing America's Absurd Million Dollar Home Bubbles
Submitted by Tyler Durden on 05/23/2016 - 18:27
While million-dollar home used to be a rarity in the United States as recently as 2012, they have now become commonplace in many of America’s largest housing markets. The following dramatic time-lapse animations demonstrate just how prevalent
Lifelong-Liberal Rants "This Is Why I'm Leaving The Democratic Party"
Submitted by Tyler Durden on 05/23/2016 - 18:20 "In essence, Hillary Clinton and the DNC each wants us to believe that lobbyists and SuperPACs don’t expect anything from them in return for their money. This is the most basic, foolish, offensive lie they could ever tell. Of course they want something in return. That’s the business they’re in...The thing is, though, the Democratic Party isn’t really very democratic. It’s sincerely just a machine for Hillary Clinton."
Moody's Downgrades Deutsche Bank's Debt Two Notches Above Junk
Submitted by Tyler Durden on 05/23/2016 - 17:49 Shortly after the market close, the rating agency decided to pile some more pain on the misery that has befallen Germany's largest lender (who just today admitted it had rigged stocks in addition to seeing yet another MBS probe unveiled against it), when it downgraded the bank's credit ratings across the board as follows: Senior debt to Baa2, or just two notches above junk, Long term deposits to A3 and counterparty risk assessment to A3.
Clinton Foundation Board Member Probed Over Unlawful Campaign Contributions
Submitted by Tyler Durden on 05/23/2016 - 17:15 A month ago, Virgina governor Terry McAuliffe signed a controversial order into law which restored voting rights to more than 200,000 convicted felons in Virginia. At the time we noted McAuliffe's close relationship with Hillary, and opposition comments that his action "doesn't speak of mercy. Rather, it speaks of political opportunism," and African American support in the state. All of which is by way of background as CNN reports today that McAuliffe is now being probed over questionable donations made to his campaign (from a Chinese businessman) during his time as a board member of The Clinton Global Initiative. We have three simple words: quid pro quo?
"The Fed Is About To Make A Massive Mistake" Saxobank's Jakobsen Warns
Submitted by Tyler Durden on 05/23/2016 - 17:00 Steen Jakobsen, chief economist and CIO of Saxo Bank, says the US Federal Reserve is on the verge of making a mistake about its projected rate hikes. The Fed has given itself the option of hiking interest rates at its June meeting; but Jakobsen says he is sceptical about the proposals, arguing that the Fed is taking the recent improvement in US economic data as an uptick in overall momentum. Jakobsen says the economy is still performing significantly below its potential, but thinks the Fed wants to hike interest rates now so it can lower them at a later date.
by SGT, SGT Report.com:
Bill Holter from JS Mineset.com is back to help us document the collapse for the fourth week of May, 2016. And as physical gold and silver moves East and into the strong hands of more than a billion Chinese, and as foreign banks publicly settle global trade in the Yuan, Bill reminds us that “Every step forward by China, is one or two steps backward for the US and the Dollar, that’s what’s happening. For instance, if the Yuan is backed by gold, then why would someone accept the Dollar in lieu of the Yuan if the Dollar’s not backed by anything?”
The build out of the infrastructure for the world to move completely away from the Dollar is almost complete. You have been warned.
Bill Holter from JS Mineset.com is back to help us document the collapse for the fourth week of May, 2016. And as physical gold and silver moves East and into the strong hands of more than a billion Chinese, and as foreign banks publicly settle global trade in the Yuan, Bill reminds us that “Every step forward by China, is one or two steps backward for the US and the Dollar, that’s what’s happening. For instance, if the Yuan is backed by gold, then why would someone accept the Dollar in lieu of the Yuan if the Dollar’s not backed by anything?”
The build out of the infrastructure for the world to move completely away from the Dollar is almost complete. You have been warned.
Best way to short Australian real estate, or “widow maker trade?”It has been called the “widow maker trade,” based on how short sellers have been dealt with over the past few years.
The fundamentals have been inviting: Australia has been in a fully blooming housing bubble. Households are the most indebted in the world, based on debt to disposable income. To maintain the housing bubble, the central bank slashed interest rates to record lows (1.75%). The government wants to keep the bubble going for as long as possible. So regulators close their eyes, according to media reports, to questionable or even illegal lending practices. Home prices, after soaring for years, are clearly unsustainable.
But just because it’s a bubble doesn’t mean it has to implode on schedule. It will implode, as all bubbles do, but on its own time. If short sellers get the timing wrong, they’ll get run over by market euphoria. Hence, “widow maker trade” for betting against the housing bubble by shorting the banks.
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filed under IDIOTS...
by Eric Scheiner, CNS News:
The Portland, Oregon Public Schools (PPS) board unanimously approved a resolution removing materials from schools that could cast doubt on climate change or the idea that human beings are responsible for it.
Last week the board voted unanimously in favor of the resolution that states:
“The implementation plan should include a review of current textbooks for accuracy around the severity of the climate crisis and the impact of human activities. PPS will abandon the use of any adopted text material that is found to express doubt about the severity of the climate crisis or its root in human activities.”
Read More
The Portland, Oregon Public Schools (PPS) board unanimously approved a resolution removing materials from schools that could cast doubt on climate change or the idea that human beings are responsible for it.
Last week the board voted unanimously in favor of the resolution that states:
“The implementation plan should include a review of current textbooks for accuracy around the severity of the climate crisis and the impact of human activities. PPS will abandon the use of any adopted text material that is found to express doubt about the severity of the climate crisis or its root in human activities.”
Read More
by Isabelle Z., Natural News:
New data from the Centers for Disease Control and Prevention (CDC) shows a significant jump in the suicide rate in America in the years from 1999 to 2014. The rise has been particularly sharp among women and girls. Is it any coincidence that the percentage of Americans who take antidepressants nearly doubled during the same period?
Some parties with vested interests in Big Pharma are trying to blame this increase on the “black box” warning labels that were introduced by the FDA in 2004. These labels warn that the drugs increase the suicide risk in young adults and children, and some people are saying that these warnings are scaring people away from taking antidepressants and that is the real cause of the rise in suicide.
However, it’s important to take a look at exactly who is saying this. For example, the American Foundation for Suicide Prevention (AFSP)’s Christine Moutier has not been shy about blaming the warnings for suicides. Her motivation is clear: Her organization, the AFSP, has financial and other connections to pharmaceutical companies, a fact that was not disclosed when CNN quoted her criticism of the labels in a recent piece.
Read More
New data from the Centers for Disease Control and Prevention (CDC) shows a significant jump in the suicide rate in America in the years from 1999 to 2014. The rise has been particularly sharp among women and girls. Is it any coincidence that the percentage of Americans who take antidepressants nearly doubled during the same period?Some parties with vested interests in Big Pharma are trying to blame this increase on the “black box” warning labels that were introduced by the FDA in 2004. These labels warn that the drugs increase the suicide risk in young adults and children, and some people are saying that these warnings are scaring people away from taking antidepressants and that is the real cause of the rise in suicide.
However, it’s important to take a look at exactly who is saying this. For example, the American Foundation for Suicide Prevention (AFSP)’s Christine Moutier has not been shy about blaming the warnings for suicides. Her motivation is clear: Her organization, the AFSP, has financial and other connections to pharmaceutical companies, a fact that was not disclosed when CNN quoted her criticism of the labels in a recent piece.
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filed under more IDIOTS...
by Geoffrey Grider, Now The End Begins:
CANADIAN PRIME MINISTER JUSTIN TRUDEAU HAS ANNOUNCED A BILL THAT WOULD
CRIMINALIZE ANTI-TRANSGENDER SPEECH, WITH VIOLATORS RECEIVING UP TO TWO
YEARS IN PRISON
The Canadian Obama, Justin Trudeau, will now make his country Canada a prosecutor of anyone who dares to speak out against issues like transgender men in the little girl’s bathroom. If NTEB was published in Canada, we would have to spend the next two years in prison for our ‘crimes’ of exposing the demonic promotion of the LGBT Mafia’s agenda. Watch for Obama to attempt to pass the same type of legislation here in the US before his term is up.
The new bill, introduced May 17 on the International Day Against Homophobia, Transphobia and Biphobia, aims to amend the Canadian Criminal Code to expand the country’s “hate speech” prohibitions to include any public speech or communication that “promotes hatred” on the basis of “gender identity” or “gender expression.” It would also change the Canadian Human Rights Act to cover transgender people.
Read More
CANADIAN PRIME MINISTER JUSTIN TRUDEAU HAS ANNOUNCED A BILL THAT WOULD
CRIMINALIZE ANTI-TRANSGENDER SPEECH, WITH VIOLATORS RECEIVING UP TO TWO
YEARS IN PRISONThe Canadian Obama, Justin Trudeau, will now make his country Canada a prosecutor of anyone who dares to speak out against issues like transgender men in the little girl’s bathroom. If NTEB was published in Canada, we would have to spend the next two years in prison for our ‘crimes’ of exposing the demonic promotion of the LGBT Mafia’s agenda. Watch for Obama to attempt to pass the same type of legislation here in the US before his term is up.
The new bill, introduced May 17 on the International Day Against Homophobia, Transphobia and Biphobia, aims to amend the Canadian Criminal Code to expand the country’s “hate speech” prohibitions to include any public speech or communication that “promotes hatred” on the basis of “gender identity” or “gender expression.” It would also change the Canadian Human Rights Act to cover transgender people.
Read More
by James Holbrooks, Underground Reporter:
According to a study published by the International Journal of Electrochemical Science,
you may want to think twice before wrapping your food in aluminum foil
to cook it — because some of that foil will leach into your meal.
“Aluminum foil used in cooking provides an easy channel for the metal to enter the human body,” concludes the study, which examined the effect foil has on a variety of different foods when used to prepare them.
Read More
According to a study published by the International Journal of Electrochemical Science,
you may want to think twice before wrapping your food in aluminum foil
to cook it — because some of that foil will leach into your meal.“Aluminum foil used in cooking provides an easy channel for the metal to enter the human body,” concludes the study, which examined the effect foil has on a variety of different foods when used to prepare them.
Read More
by L.J. Devon, Natural News:
“It is simply no longer possible to believe much of the clinical
research that is published, or to rely on the judgment of trusted
physicians or authoritative medical guidelines. I take no pleasure in
this conclusion, which I reached slowly and reluctantly over my two
decades as an editor of [The New] England Journal of Medicine” — These
are the words of Dr. Marcia Angell, a physician and longtime
editor-in-chief of The New England Journal of Medicine (NEJM), which is
considered to be one of the most prestigious peer-reviewed science
journals in the world.
The Lancet, another top, well respected peer-reviewed medical journal also publishes research findings that are unreliable and many times false. The current editor-in-chief, Dr. Richard Horton recently spoke out about the fake science often published in the prestigious medical journal. “The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue. Afflicted by studies with small sample sizes, tiny effects, invalid exploratory analyses, and flagrant conflicts of interest, together with an obsession for pursuing fashionable trends of dubious importance, science has taken a turn towards darkness,” he warns, as reported by Collective-Evolution.com.
Read More
“It is simply no longer possible to believe much of the clinical
research that is published, or to rely on the judgment of trusted
physicians or authoritative medical guidelines. I take no pleasure in
this conclusion, which I reached slowly and reluctantly over my two
decades as an editor of [The New] England Journal of Medicine” — These
are the words of Dr. Marcia Angell, a physician and longtime
editor-in-chief of The New England Journal of Medicine (NEJM), which is
considered to be one of the most prestigious peer-reviewed science
journals in the world.The Lancet, another top, well respected peer-reviewed medical journal also publishes research findings that are unreliable and many times false. The current editor-in-chief, Dr. Richard Horton recently spoke out about the fake science often published in the prestigious medical journal. “The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue. Afflicted by studies with small sample sizes, tiny effects, invalid exploratory analyses, and flagrant conflicts of interest, together with an obsession for pursuing fashionable trends of dubious importance, science has taken a turn towards darkness,” he warns, as reported by Collective-Evolution.com.
Read More
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