Submitted by Tyler Durden on 05/14/2016 - 10:52
By now everyone is aware of the fact that there is little love lost between Donald Trump and Jeff Bezos. A day after Trump blasted Bezos in an interview with Sean Hannity, Washington Post released a tape, allegedly from a 1991 interview, where it alleges Trump was pretending to be a spokesman for himself. All of this is within the scope of today's political games that get played of course, but the question is did the reality tv star just take things to a new level by leaking the tape and creating a brand new news cycle?
Economic Collapse Logistics For The Government
Submitted by Tyler Durden on 05/14/2016 - 12:40 Many feel a collapse of any kind is impossible in the mighty USA but times change and anyone that fails to heed the warnings will pay dearly when events unfold and they find it is to late to get the supplies they need. People buy many types of insurance just in case. They save for retirement just to make sure. Then they ignore economic warnings that make all those things useless. The government helps people when it is convenient for them. The government has also shown its willingness and ability to take from people when it suits them. Any government big enough to give you anything you want is also big enough to take everything you have. And, they will eventually.What would you have done if you knew this was going to happen to you? You were Warned...
Scenes From The Venezuela Apocalypse: "Countless Wounded" After 5,000 Loot Supermarket Looking For Food
Submitted by Tyler Durden on 05/13/2016 - 17:57Total US Debt Is Back To Its Great Depression Peak
Submitted by Tyler Durden on 05/14/2016 - 12:08 The following chart from Citi shows the last century of US non-financial leverage in context. As of this moment, consolidated US non-fin debt/GDP is about 275%, or roughly where it was US when the great depression stuck. For those curious about the "tipping point" threshold levels, keep an eye on 300% - that's when the system collapsed last time leading to a devastated economy.
from The Daily Bell:
Trump’s ‘Crooked Hillary’ label may stick … Donald Trump dispatched his Republican rivals by branding each one with an insulting but memorable nickname … As the general election campaign nears, Trump has settled on a label for the likely Democratic nominee: “Crooked Hillary.” “It works,” he boasted to the New York Times. “It flows.” -Los Angeles Times
When we start to see admissions in the mainstream media that Hillary’s public persona is perceived as “crooked,” we have to wonder if she is going to end up as the Democratic nominee.
We’ve written about this in the past (see below) but as the trend continues, it heightens our suspicions.
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Trump’s ‘Crooked Hillary’ label may stick … Donald Trump dispatched his Republican rivals by branding each one with an insulting but memorable nickname … As the general election campaign nears, Trump has settled on a label for the likely Democratic nominee: “Crooked Hillary.” “It works,” he boasted to the New York Times. “It flows.” -Los Angeles Times
When we start to see admissions in the mainstream media that Hillary’s public persona is perceived as “crooked,” we have to wonder if she is going to end up as the Democratic nominee.
We’ve written about this in the past (see below) but as the trend continues, it heightens our suspicions.
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Which Countries Will Be Tomorrow's Winners & Losers?
Submitted by Tyler Durden on 05/14/2016 - 11:29 If geography and demographics have already defined which nations will be attractive to capital and most likely to accumulate productive capital in their domestic economy, and those nations that will struggle due to high costs and low rates of capital investment, in effect Nature (geography) and Culture (demographics) have already picked tomorrow’s winners and losers. As individuals, we may harbor strong biases about which nations we want to see falter and which ones we want to see prosper. But as investors, we must strip away our political opinions and biases lest they interfere with our primary job, which is to preserve whatever capital we’ve accumulated.Six Reasons Why Goldman Is Suddenly Warning About A "Large Drop" In The Market
Submitted by Tyler Durden on 05/14/2016 - 10:11 After recent (and in some cases very dramatic) bearish conversions by the likes of JPM, BofA, Citi and UBS, the only bank that steadfastly held a bullish view on stocks during the recent market squeeze higher was Goldman Sachs. Not any more.Germany Changes Stance, Will Spend Almost €100 Billion To Assist Refugees
Submitted by Tyler Durden on 05/14/2016 - 09:16 It looks like the politics in Germany are set to go from bad to worse, as Reuters is reporting that the German government is planning on spending €93.6 billion by the end of 2020 on costs related to the refugee crisis. This is an interesting turn of events, as just last month German lawmakers were discussing banning welfare payments to refugees.Why Were Texas Game Wardens Just Issued Nuclear Radiation Detectors?
Submitted by Tyler Durden on 05/13/2016 - 22:30 After countless reports about the potential for nuclear or radioactive weapons of mass destruction being smuggled into the United States, the State of Texas is has begun to take the threat seriously.Incompetence Personified: Illinois Has Devolved To One-Off Funding Bills As It Still Can't Pass A Budget
Submitted by Tyler Durden on 05/13/2016 - 22:00 As Illinois struggles to get its fiscal house in order (good luck with that), it has devolved into funding key programs with one-off stopgap measures rather than approving an overall comprehensive budget. The state remains the only remaining state without a 2016 plan.Did The Clinton Foundation Give $2 Million To Bill's "Energizer" Mistress?
Submitted by Tyler Durden on 05/13/2016 - 21:50 At Bill Clinton's behest, a $2 million commitment for Energy Pioneer Solutions was placed on the agenda during a September 2010 conference of the Clinton Global Initiative. As it turns out, the commitment is a bit of an issue...Chomsky: Europe Bows To Its "Washington Masters" On Everything From Snowden To Iran
Submitted by Tyler Durden on 05/13/2016 - 21:30 “There are, I think, by now four Latin American countries that offer asylum to Snowden - not one European country. In fact, they won’t even let him cross their borders. Why? Because the master in Washington tells them, ‘we don’t want him to.’ And Snowden, it’s important to recall, performed an enormous service, a patriotic service in fact, to the people of the United States and the world.”Canaccord Founder Sells $31 Million Vancouver Mansion To Chinese Student
Submitted by Tyler Durden on 05/13/2016 - 20:57 Everybody loves a good Vancouver real estate horror story. Here is a great one.At the beginning of this week, almost every so-called gold market analyst was predicting a wash-out in precious metals because of the huge bullion bank short being reported in the COT report. A few of us believe that character of the market has changed and paper market price manipulators are losing traction – for a lot of reasons.
This week shows that the banks covered a portion of their shorts and the hedge funds and little guys sold down longs and increased their shorts. This information may be largely irrelevant. Interestingly, in data I’ve parsed and presented in a previous blog post, the beginning of two of the best gold/silver rallies since 2001 occurred at a time when the bullion banks held their biggest short position in gold futures (expressed as a ratio of total open interest).
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by Michael Krieger, Liberty Blitzkrieg:
Earlier today, Ryan Grim and Paul Blumenthal published a blockbuster piece in the Huffington Post, titled: The Vultures’ Vultures: How A New Hedge-Fund Strategy Is Corrupting Washington.
It details the secretive world of the dark money groups representing mercenary hedge funds in their insatiable quest for more and more money. In many ways, it’s merely a microcosm of America in 2016. A culture in which ethics has become so irrelevant, it isn’t even a nuisance; it simply never factors into the equation.
Read More
Earlier today, Ryan Grim and Paul Blumenthal published a blockbuster piece in the Huffington Post, titled: The Vultures’ Vultures: How A New Hedge-Fund Strategy Is Corrupting Washington.
It details the secretive world of the dark money groups representing mercenary hedge funds in their insatiable quest for more and more money. In many ways, it’s merely a microcosm of America in 2016. A culture in which ethics has become so irrelevant, it isn’t even a nuisance; it simply never factors into the equation.
Read More
by Stefan Gleason, Activist Post:
One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible.
Opponents of a gold standard can’t defend the political malpractices that are enabled by a fiat currency regime. So instead they spin a narrative about how gold supposedly hampers the economy.
According to Keynesian economics, spending boosts the economy while savings contracts it.
Keynesians put the cart before the horse. Savings and investment drive the economic productivity that enable consumers to enjoy a high standard of living. But Keynesians believe the economy only booms when demand is artificially pumped up by debt, government spending programs, and perpetual currency depreciation (inflation) engineered by central bankers.
Read More
One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible.
Opponents of a gold standard can’t defend the political malpractices that are enabled by a fiat currency regime. So instead they spin a narrative about how gold supposedly hampers the economy.
According to Keynesian economics, spending boosts the economy while savings contracts it.
Keynesians put the cart before the horse. Savings and investment drive the economic productivity that enable consumers to enjoy a high standard of living. But Keynesians believe the economy only booms when demand is artificially pumped up by debt, government spending programs, and perpetual currency depreciation (inflation) engineered by central bankers.
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from Liberty Blitzkrieg:
When you bail out financial criminals and predators, you get a criminal and predatory economy. If there’s one clear lesson from the 2008 crisis and its aftermath, that should be it.
– From last year’s post: Another Tale from the Oligarch Recovery – How a $1,500 Sofa Costs $4,150 When You’re Poor
The Pew Research Center recently released a fascinating study which showed what many of us already suspected, that the U.S. middle class has declined in 90% of metropolitan areas from 2000-2014, or in 203 of 229 areas studied.
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When you bail out financial criminals and predators, you get a criminal and predatory economy. If there’s one clear lesson from the 2008 crisis and its aftermath, that should be it.
– From last year’s post: Another Tale from the Oligarch Recovery – How a $1,500 Sofa Costs $4,150 When You’re Poor
The Pew Research Center recently released a fascinating study which showed what many of us already suspected, that the U.S. middle class has declined in 90% of metropolitan areas from 2000-2014, or in 203 of 229 areas studied.
Read More…
from Nomi Prins:
This article orginally appeared in TomDispatch. The latest Panama Papers May 9th disclosures underscore the broad and ongoing global connections between big banks and tax havens. A swath of politicians on both sides of the aisle remain enablers and users…
This article orginally appeared in TomDispatch. The latest Panama Papers May 9th disclosures underscore the broad and ongoing global connections between big banks and tax havens. A swath of politicians on both sides of the aisle remain enablers and users…
There’s a pile of money hiding offshore.
It’s true that jobs are also leaving the United States because American
companies find it convenient to cut labor costs by moving manufacturing
abroad, the economic issue you’re hearing most about in
this election season. But the stunning amount of money that continues
to flow across American borders (and those of other countries), and
eventually disappears into the pockets of the corporate and political
elite, ultimately causes even more damage to our finances and our lives.
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by Jonathan Landsman, Natural News:
It is becoming increasingly difficult to dismiss the evidence. While you won’t hear about it from the mainstream media, it is becoming clear that one of the country’s most trusted agencies – The Centers for Disease Control and Prevention (CDC) – is involved in a cover up regarding the link between the MMR vaccine and autism. The scandal is one Brian Hooker, Ph.D. knows all too well, as he has been fighting for years to uncover the truth about the link between vaccines and autism and the attempts to cover it up.
The biggest medical fraud in U.S. history. Discover what is really happening inside the CDC. On the next NaturalNews Talk Hour, Jonathan Landsman and Brian Hooker, Ph.D. reveal the fraud inside the CDC Immunization Safety Office; how the CDC plans to cover up this scandal and a detailed look at how other government agencies conspire to deceive the American public. After listening to this program, you’ll have a new perspective about the MMR vaccine-autism issue.
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It is becoming increasingly difficult to dismiss the evidence. While you won’t hear about it from the mainstream media, it is becoming clear that one of the country’s most trusted agencies – The Centers for Disease Control and Prevention (CDC) – is involved in a cover up regarding the link between the MMR vaccine and autism. The scandal is one Brian Hooker, Ph.D. knows all too well, as he has been fighting for years to uncover the truth about the link between vaccines and autism and the attempts to cover it up.
The biggest medical fraud in U.S. history. Discover what is really happening inside the CDC. On the next NaturalNews Talk Hour, Jonathan Landsman and Brian Hooker, Ph.D. reveal the fraud inside the CDC Immunization Safety Office; how the CDC plans to cover up this scandal and a detailed look at how other government agencies conspire to deceive the American public. After listening to this program, you’ll have a new perspective about the MMR vaccine-autism issue.
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