Submitted by Tyler Durden on 05/17/2016 - 11:59
filed under don't care...
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Senate Passes Bill That Would Expose Saudi Arabia's Role In Sept. 11: Obama Veto Imminent
Submitted by Tyler Durden on 05/17/2016 - 13:56 After a month-long scare campaign waged by Saudi Arabia, and in no small part the Obama administration, which went so far as to threaten it would dump its US Treasurys, if the US were to pass a bill that would hold it legally liable for the Sept 11 attacks, it will be up to Obama to veto the bill because moments ago the Senate unanimously passed said bill, bringing Congress closer to a showdown with the White House.Maybe You Should "Sell In May"
Submitted by Tyler Durden on 05/17/2016 - 16:25 Should you “sell in May and go away?” That decision is entirely up to you. There is never certainty in the market, but the deck this summer seems much more stacked than usual against investors who are taking on excessive equity based risk - throw into the mix ongoing high-valuations, uncertainty about what actions the Federal Reserve may take, ongoing geopolitical risks, concerns over China, potential for a stronger dollar or further weakness in oil – well, you get the idea. The question you really need to answer is whether the “reward” is really worth the “risk?”Stocks Give Up "Volumeless, No Good Reason" Gains On Hawkish FedSpeak
Submitted by Tyler Durden on 05/17/2016 - 16:04Crude Slides After Oil Inventories Drawdown Less Than Expected
Submitted by Tyler Durden on 05/17/2016 - 16:44 Following last week's chaotic Genscape build (and warning), API build, but DOE draw, and subsequent face-ripping rally, tonight's API data signaled a lower than expected draw and sparked further chaos in prices as they jerked higher ("it's a draw") only to slide on missed expectations. Having reached 7-month highs during the day session, the 1.1mm barrel drawdown missed expectations of a 3.5mm draw dramatically and sparked selling pressure. However, a smaller than expected build at Cushing stalled the weakness along with notably large drawdowns in Gasoline and Distillates.filed under don't care...
Man Drives Truck On National Mall, Tells Police He Has "Deadly Substance" In Vehicle
Submitted by Tyler Durden on 05/17/2016 - 16:01 In today's odd news item, ABC7 reports that Washington D.C. police and fire officials are investigating a possible hazmat situation after a man drove his truck onto the National Mall.Mark Cuban Is Voting For "The Devil He Knows" Hillary, Warns Trump Presidency Will Crash Stocks
Submitted by Tyler Durden on 05/17/2016 - 15:55 "I'd probably say right now it'd be Hillary, because the devil you know is better than the devil you don't know... Unless he comes up with some concrete examples of what he's going to do, it could really turn Wall Street up and down. All of those 401(k)s from all his followers, their net worth could fall further than Donald's would."'Transitory' Excuses Destroyed As Mainstream Wakes Up To Crashing Yield Curve
Submitted by Tyler Durden on 05/17/2016 - 15:40 The US Treasury yield curve is flattening again, with parts finally in 2016 surpassing the bearishness exhibited to start 2015. The mainstream is just now starting to notice likely because unlike last year there are no longer credible excuses to simply wish it away. “Transitory” is not a word you find much anymore, replaced instead by reluctant and forced acknowledgement that there is real economic peril here. Bearishness in the yield curve is not something new, however, only the notice of it.Meet The "Niger Delta Avengers" - They Hold The Price Of Oil In Their Hands
Submitted by Tyler Durden on 05/17/2016 - 15:31 Meet the Niger Delta Avengers come into play: the group who, by keeping half a million barrels in oil from the market, have catalyzed not only the latest rally in oil, but now effectively hold the fate of the price of oil in their hands. But who are the Niger Delta Avengers...Morgan Stanley Agrees That This Is The Problem With The Jobs "Recovery"
Submitted by Tyler Durden on 05/17/2016 - 15:13 Peddling facts...The Delusion Of Democracy & Central Planners' "Fatal Deceit"
Submitted by Tyler Durden on 05/17/2016 - 14:52 Planning is a necessary feature of life. We have to plan our day… our year… our business, our vacations, our budgets – we plan for everything in our lives. The problem is not one with planning, per se, but with a conflict of plans. You have your plans – based on specific information about what you want to do and what you have to work with – and the feds have theirs. You want to spend your money; the feds want to take it away to fund their own projects. You want to live in St. Petersburg. They want to put you in a gulag in Siberia. Can the Deep State be “voted out”? It hasn’t happened yet, that much is certain..."The Nightmarish Merry-Go-Round" - The Only Chart You Need To Trade This Market
Submitted by Tyler Durden on 05/17/2016 - 14:33 "By some accounts the Fed is stuck in an adverse feedback loop. They want to raise interest rates so they can "reload" their policy ammunition, but the markets won't let them. The chart of the day illustrates this nightmarish merry-go-round: the Fed threatens to hike, markets tank, the Fed delays the hike, the market recovers and the cycle repeats."Trump Closing Gap On Clinton With Double-Digit Lead In Utah
Submitted by Tyler Durden on 05/17/2016 - 14:20 Hillary Clinton's lead over Donald Trump is the lowest in two months as a number of the most recent polls show trump neck-and-neck with the establishment's mouthpiece-of-choice. From a Clinton lead of over 11pts in March, Rasmussen recently reported Trump leading 2pts, Gravis showed him lagging by just 2pts in the last two weeks, and NBC reports Clinton's lead dropping from 5pts to just 3 pts in the last week alone. And, ironically given our earlier comments, Mitt Romney's 'safe space' Utah is now being dominated by Trump...S&P Plunges Back Into Red For 2016
Submitted by Tyler Durden on 05/17/2016 - 14:11 Who could have seen that coming?Can Big Oil Survive At Today's Prices?
Submitted by Tyler Durden on 05/17/2016 - 14:06 Data suggests that oil producers need prices in the $70-80 range to survive. That is unlikely in the next year or so. Without more timely price relief, the future looks grim for an industry on life support.Caracas Showdown: Opposition Leader Urges Venezuelans To Defy State Of Emergency
Submitted by Tyler Durden on 05/17/2016 - 13:52 Venezuela's opposition leader Henrique Capriles urged Venezuelans Tuesday to defy a state of emergency decreed by the government as it grapples with an acute political and economic crisis. Capriles spoke as the opposition-controlled congress prepared to debate the sweeping measures decreed by President Nicolas Maduro. He said lawmakers will probably reject the measures, and that if the government insists they remain in force "it is up to us... to ignore this decree."The Real Challenge For America's Workers: Passing A Drug Test
Submitted by Tyler Durden on 05/17/2016 - 13:14 While some are able to kick their habits, others choose to keep them and just work at places like McDonald's, as most restaurants don't test. "I come from a society where drugs is common - marijuana, weed, it's common" said Frederick Brown, who concluded that people who can't pass a drug test just seek to work at McDonald's.
by Charles Hugh Smith, Of Two Minds:
Owning any asset in poorly positioned nations is an inherently risky bet going forward.
The dictum “demographics is destiny” proposes that all the complexities of finance, society and politics are ultimately guided by demographics: the relative size of each generation, birth rates, death rates, etc.
For example, an oversized generation of retirees and an undersized generation of workers to support them has far-reaching consequences that can’t be legislated away.
The influence of demographics isn’t limited to pension costs. Some analysts have made the case that oversized generations of young men align all too well with the launching of wars.
The point is that birth/death rates—low and high–have consequences that impact national destinies for decades.
Read More
Owning any asset in poorly positioned nations is an inherently risky bet going forward.The dictum “demographics is destiny” proposes that all the complexities of finance, society and politics are ultimately guided by demographics: the relative size of each generation, birth rates, death rates, etc.
For example, an oversized generation of retirees and an undersized generation of workers to support them has far-reaching consequences that can’t be legislated away.
The influence of demographics isn’t limited to pension costs. Some analysts have made the case that oversized generations of young men align all too well with the launching of wars.
The point is that birth/death rates—low and high–have consequences that impact national destinies for decades.
Read More
by Tim Brown, Freedom OutPost:
In
a continuing story of the untimely deaths of several holistic doctors
in America, two more doctors have turned up dead, Dr. Curtis Clogston
and Dr. Jyrki Suutari.
Health Nut News’ Erin Elizabeth continues to document the deaths of these doctors in an attempt to make Americans aware of what is taking place. Two holistic doctors have turned up dead over the past week.
The first is Dr. Curtis Clogston.
It brings me no joy to break the news of yet another doctor, found dead. It’s getting more and more difficult to even write these updates for you all; I can’t wrap my head around how this is still happening and why the mainstream media is continuing to ignore it.
Read More
In
a continuing story of the untimely deaths of several holistic doctors
in America, two more doctors have turned up dead, Dr. Curtis Clogston
and Dr. Jyrki Suutari.Health Nut News’ Erin Elizabeth continues to document the deaths of these doctors in an attempt to make Americans aware of what is taking place. Two holistic doctors have turned up dead over the past week.
The first is Dr. Curtis Clogston.
It brings me no joy to break the news of yet another doctor, found dead. It’s getting more and more difficult to even write these updates for you all; I can’t wrap my head around how this is still happening and why the mainstream media is continuing to ignore it.
Read More
by Dave Hodges, The Common Sense Show:
There are three type of prisons inside the United States. There is the
one, that the people see. In this instance, the prison works in
conjunction with legal authorities and their activities are transparent.
A second type of prison system is the privatized system which has
degenerated into system of slave labor which benefits Wall Street with
free labor. The third of type of prison is a FEMA camp for political
prisoners. The Government admits to two such facilities and they call
them Communications Management Units. The latter operates under the
auspices of the NDAA. They are everything that the old Soviet Gulags
were made of. What is presented in this article is a brief review of the
second and third type of prisons in the United States. After reading
this article and watching the associated videos it can be said that any
journalist who denies the existence of FEMA camps, is not worthy of the
public’s consideration.
Read More
There are three type of prisons inside the United States. There is the
one, that the people see. In this instance, the prison works in
conjunction with legal authorities and their activities are transparent.
A second type of prison system is the privatized system which has
degenerated into system of slave labor which benefits Wall Street with
free labor. The third of type of prison is a FEMA camp for political
prisoners. The Government admits to two such facilities and they call
them Communications Management Units. The latter operates under the
auspices of the NDAA. They are everything that the old Soviet Gulags
were made of. What is presented in this article is a brief review of the
second and third type of prisons in the United States. After reading
this article and watching the associated videos it can be said that any
journalist who denies the existence of FEMA camps, is not worthy of the
public’s consideration.Read More
by Jeff Thomas, International Man:
For half a century, Americans have been largely unable to visit Cuba
and have had to rely on the US government and media for an understanding
of the political, social and economic conditions there. What has been
described as the “American Berlin Wall” has been successful in providing
Americans with quite an inaccurate view.
Throughout this period, those Cubans who exited the island in 1959 (and their descendants) have maintained a propaganda programme that, rightly or wrongly, reflected their desire to return to Cuba and to once again rule it. Additionally, they’ve contributed regularly to both the primary US political parties in order to assure that the blockade would be maintained and that Americans would be kept out until such time as the island could be re-taken.
Read More
For half a century, Americans have been largely unable to visit Cuba
and have had to rely on the US government and media for an understanding
of the political, social and economic conditions there. What has been
described as the “American Berlin Wall” has been successful in providing
Americans with quite an inaccurate view.Throughout this period, those Cubans who exited the island in 1959 (and their descendants) have maintained a propaganda programme that, rightly or wrongly, reflected their desire to return to Cuba and to once again rule it. Additionally, they’ve contributed regularly to both the primary US political parties in order to assure that the blockade would be maintained and that Americans would be kept out until such time as the island could be re-taken.
Read More
by Daisy Luther, Zen Gardner:
Sometimes a cautionary tale is more motivating than any amount of
positive reinforcement every could be, and the horrifying reports from
Venezuela are a perfect example. If you’re paying attention to the
things they’ve run out of, you can put together a collapse supply list
to see you through the crisis in the event of a breakdown in our own
country. The time to prepare is now, well before the situation devolves
to one that is similar.
Every day, there is more dire news out of Venezuela. It’s so bad there that even the mainstream news can no longer ignore that the country is in the midst of an economic collapse. Thousands have turned to looting in order to feed their families. Even their soldiers have been stealing food. Long lines, empty stores, and hospitals without electricity are the norm instead of an unusual occurrence.
It wasn’t always like that. Life before Venezuela devolved into socialism looked a whole lot like our lives do today. In fact, as recently as the 1970s, Venezuela was one of the top 20 richest countries in the world.
Read More
Sometimes a cautionary tale is more motivating than any amount of
positive reinforcement every could be, and the horrifying reports from
Venezuela are a perfect example. If you’re paying attention to the
things they’ve run out of, you can put together a collapse supply list
to see you through the crisis in the event of a breakdown in our own
country. The time to prepare is now, well before the situation devolves
to one that is similar.Every day, there is more dire news out of Venezuela. It’s so bad there that even the mainstream news can no longer ignore that the country is in the midst of an economic collapse. Thousands have turned to looting in order to feed their families. Even their soldiers have been stealing food. Long lines, empty stores, and hospitals without electricity are the norm instead of an unusual occurrence.
It wasn’t always like that. Life before Venezuela devolved into socialism looked a whole lot like our lives do today. In fact, as recently as the 1970s, Venezuela was one of the top 20 richest countries in the world.
Read More
by Dave Kranzler, Investment Research Dynamics:
The Federal Reserve’s “invisible hand” in the markets is no longer
“invisible.” It’s become obvious to most market participants that the
Fed is working hard to keep the stock market from collapsing and the
price of gold below $1300. But why?
The price of gold moved up $15 overnight from the time the Asian markets opened until the Comex gold pit opened. Shortly after the Comex paper gold market trading was underway, an avalanche of paper contracts was dumped onto the Comex – both the electronic trading system and the floor. This is what it looked like
Read More
The Federal Reserve’s “invisible hand” in the markets is no longer
“invisible.” It’s become obvious to most market participants that the
Fed is working hard to keep the stock market from collapsing and the
price of gold below $1300. But why?The price of gold moved up $15 overnight from the time the Asian markets opened until the Comex gold pit opened. Shortly after the Comex paper gold market trading was underway, an avalanche of paper contracts was dumped onto the Comex – both the electronic trading system and the floor. This is what it looked like
Read More
by Mac Slavo, Activist Post:
Depending upon how you look at it, the idea is either bold or insane.
But it is sure to draw plenty of attention.
An American expat living in Thailand is hoping to raise enough money to purchase an old jet and an old building in the countryside in effort to recreate the attacks of 9/11 on the Twin Towers.
Though he says he isn’t a conspiracy theorist, Paul Salo is hoping to use this ‘9/11 redux’ demonstration to lend credence to those who say the impact of a plane crash wasn’t enough to cause the collapses seen on September 11… or to disprove those ideas once and for all.
Read More
Depending upon how you look at it, the idea is either bold or insane.But it is sure to draw plenty of attention.
An American expat living in Thailand is hoping to raise enough money to purchase an old jet and an old building in the countryside in effort to recreate the attacks of 9/11 on the Twin Towers.
Though he says he isn’t a conspiracy theorist, Paul Salo is hoping to use this ‘9/11 redux’ demonstration to lend credence to those who say the impact of a plane crash wasn’t enough to cause the collapses seen on September 11… or to disprove those ideas once and for all.
Read More
from ZeroHedge:
More details are being released about the anonymous expose of Washington D.C. corruption and largesse that confirms
why Americans hate their national government and have rallied to
anti-establishment presidential candidates like Donald Trump. As NYPost reports,
the 65-page manifesto called ‘The Confessions of Congressman X’ is
based on years of transcribed private discussions, which the congressman
last November gave editor Robert Atkinson, says more time is spent
fundraising than reading bills and calls Washington a “sinkhole
of leeches,” where money ‘corrupts’ and House members are “puppets” to
lobbyists who bankroll their campaigns.
More details are being released about the anonymous expose of Washington D.C. corruption and largesse that confirms
why Americans hate their national government and have rallied to
anti-establishment presidential candidates like Donald Trump. As NYPost reports,
the 65-page manifesto called ‘The Confessions of Congressman X’ is
based on years of transcribed private discussions, which the congressman
last November gave editor Robert Atkinson, says more time is spent
fundraising than reading bills and calls Washington a “sinkhole
of leeches,” where money ‘corrupts’ and House members are “puppets” to
lobbyists who bankroll their campaigns.“Like most of my colleagues, I promise my constituents a lot of stuff I can never deliver,” he admits.Read More
“But what the hell? It makes them happy hearing it . . . My main job is to keep my job.”
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