Saturday, June 11, 2016

Farage Threatens To "Destroy The Old EU" As Marc Faber Says Brexit "Best Thing In British History"


The European Union is an "empire that is hugely bureaucratic," warns Marc Faber, telling CNBC that he thinks that "a Brexit would be bullish for global economic growth," because "it would give other countries incentive to leave the badly organized EU." The Gloom, Boom & Doom-er explained that Brexit is a risk Britain should be willing to take, and that it would not be a disaster, "on the contrary, it would be the best thing for Britain that would ever happen!" Rubbing further salt into the wounds of Europe's establishment, outspoken pro-Brexit campaigner Nigel Farage exclaimed that he said he would "destroy the old EU", together with 5-Star leader Beppe Grillo.

Fearful of EU Disintegration and Mired in Crisis, France Wants Britain Punished for Brexit Revolt

by Don Quijones, Wolf Street:
But a majority of the French want out of the EU too!
As support for a British exit from the EU strengthens, at least according to the latest polls that give some people whiplash, policy makers on both sides of the English Channel are finally beginning to think about the days, weeks and months after June 23. Some countries, such as Germany, seem more inclined to favor a soft, pragmatic approach in the event of a Brexit, while others, led by the government of France, are calling for a more punitive response.
As originators of the phrase “Pour encourager les autres,” (to encourage the others), it is fitting that France is leading calls for Brussels to punish the UK if its public has the temerity to vote to leave the EU. Among the measures under discussion are to expedite Britain’s removal from all EU treaties rather than let negotiations drag on, as well as restrict the “passporting” of financial services, which allows foreign-owned companies to do business with the EU via offices located in Britain.
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Germany Panics Over Brexit - Largest Newspaper Begs Brits "Please Don't Go"

It appears the reality of the rising probability of Britain leaving the EU is dawning on the rest of Europe. So much so in fact that Germany's Der Spiegel magazine unleashes an English-language front-page urging "Please Don't Go! - Why Germany needs the British."

Libertarian Candidate Gary Johnson Leads Hillary Clinton Among Independents

"The least-worst choices are getting worse every four years, and the insiders only exacerbate the problem by trying to defang the third-party competition. So long as there’s no robust challenge to the duopoly, there’s no reason for insiders to improve."

Pictet: "The Pricing And Valuation Of Bonds No Longer Reflects Fundamentals" - Why This Matters

"Wicksellians believe that in today’s climate, where markets are being swamped with money pumped in by central banks via QE, long-term sovereign bond yields need to rise steeply to revert to their ‘natural’ rate of interest. An unexpected spike in inflation might be the trigger for this upward movement. According to proponents of this scenario, bonds would then be sent crashing. Conversely, the Fisherian camp believes that low government bond yields essentially reflect the anaemic state of the economy. Wicksellians are duly offloading their positions in government bonds, whereas Fisherians are building up theirs."

Mike Rowe Gives Advice To Students: "Never Follow Your Passion"

The dirty truth from the dirty jobs guy - "You've all been given some terrible advice, and that advice is this: follow your passion."

It's Time To Blame Obamacare For Losing So Many Full-Time Jobs

Had a sinking feeling about the economy of late? It may not be your imagination. Economic indicators have flashed yellow for much of 2016, and the latest jobs report shows further depletion of the work force and a dearth of job creation. That trend, says one major bank, may be attributable to President Barack Obama’s signature legislation.

Mitt Romney Doesn't Want To See Trump In Office Due To... "Trickle Down Racism"

"Presidents have an impact on the nature of our nation, and trickle down racism, trickle down bigotry, trickle down misogyny, all of these things are extraordinarily dangerous."

2004 Flashback: Elizabeth Warren Describes Hillary Clinton As A Puppet For Wall Street

"The credit card companies have [givent the most] money, and they have influence. [Hillary] has taken money from the groups, and more to the point, she worries about them as a constituency."

Stunning Emails Reveal How Clinton Foundation Donor Bought Seat As Hillary's Nuclear Weapons Advisor

A new trove of State Department emails reveal how a major Clinton Foundation donor - and HFT trader - was placed on a sensitive government intelligence advisory board even though he had no experience in the field. The emails further reveal how, after inquiries from ABC News, the Clinton staff sought to “protect the name” of the Secretary, “stall” the ABC News reporter and ultimately accept the resignation of the donor just two days later.

Google Responds To Allegations Its Search Function Favors Hillary Clinton

"Over the last week we've received questions about our autocomplete feature. I wanted to take the opportunity to clarify a few things. The autocomplete algorithm is designed to avoid completing a search for a person’s name with terms that are offensive or disparaging. We made this change a while ago following feedback that Autocomplete too often predicted offensive, hurtful or inappropriate queries about people. This filter operates according to the same rules no matter who the person is."

Does Bilderberg Really Run The World? One Chart To Help You Decide

To help readers decide if the Bilderberg elite really "rules the world", here is a chart laying out the linkages and various connections - financial, political, statutory and otherwise - between the handful of people who comprise the Bilderberg core and the rest of the world.

Paul Craig Roberts: "Fellow Americans, Wake Up & Escape The Matrix"

Fellow Americans, if you care to avoid vaporization and, assuming we do avoid it, live a life other than serfdom, you must wake up and realize that your most deadly enemy is Washington, not the hoax of “Russian aggression,” not the hoax of “Muslim terrorism,” not the hoax of “domestic extremism,” not the hoax of welfare bankrupting America, not the hoax of democracy voting away your wealth, which Wall Street and the corporations have already stolen and stuck in their pockets. If you cannot wake up and escape The Matrix, your doom will bring the doom of the planet.

The "Crime" Of Offending Islam & Death Of Free Speech In Europe

Across Europe, cartoonists, artists and writers are forced to live under police protection, and also often face criminal prosecution - all for the "crime" of offending Islam. "'Respect' means, for them, submission." It starts with censoring cartoons...

This Employment Trend Is Not Your Friend

Based on the historical correlation and the sharp growth in C&I loan delinquencies recently, it is conceivable employment drops abruptly over the next 6 months.

A2A with Grant Williams

by Turd Ferguson, TF Metals Report:
Grant Williams is author of the popular newsletter “Thanks That Make You Go Hmmm” as well as a co-founder of RealVisionTV. He’s also a fantastic guest for A2A as we found out earlier today.
Over the course of this call, Grant addresses a variety of issues including:
The growing popularity of gold and gold-related investments among thought leaders in finance
Negative interest rates around the world and the impact on gold prices
The relative importance of Comex figures and other physical metal datapoints
The likelihood of “Brexit”…or an eventual “Gerexit”, “Frexit” or “Belexit”
And much, much more.
This was a terrific call and we should all be grateful for Grant’s willingness to share his wisdom and expertise. I hope we’re able to have him on again sometime soon.
TF
Click HERE to Listen

The System Is Rigged To Blow

by Dave Kranzler, Investment Research Dynamics:
There’s nobody looking for value out here [in the stock market] – there is none. It’s obvious the Fed is holding up the stock market. This is one of the reasons the Fed will never be audited. – Friend and colleague of Investment Research Dynamics.
The money printing by the Fed has created the most overvalued stock and bond market in history. The stock market overvaluation is even worse if you use real accounting. But it’s not just outright money printing. The supply of money includes credit creation. This is a fact that surprisingly is overlooked by most, even those I consider highly intelligent: debt behaves like money until that point in time when the debt is extinguished by repayment – not “restructuring.” Take a look at this:
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Must Watch Video – Is Google Manipulating Search Results in Favor of Hillary Clinton?

by Michael Krieger, Liberty Blitzkrieg:
An under-the-radar startup funded by billionaire Eric Schmidt has become a major technology vendor for Hillary Clinton’s presidential campaign, underscoring the bonds between Silicon Valley and Democratic politics.
The Groundwork, according to Democratic campaign operatives and technologists, is part of efforts by Schmidt—the executive chairman of Google parent-company Alphabet—to ensure that Clinton has the engineering talent needed to win the election. And it is one of a series of quiet investments by Schmidt that recognize how modern political campaigns are run, with data analytics and digital outreach as vital ingredients that allow candidates to find, court, and turn out critical voter blocs.
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We Won’t Get Through The Elections Without Major Disruptions To The Finanical System: John Williams

from X22Report Spotlight:


U.S. Silver Imports Surge To New Monthly Record

by Steve St. Angelo, SRSRocco Report:
With leading indicators pointing to a decline in economic activity, U.S. silver imports surged in March. How much did U.S. silver imports increase? They jumped by nearly 20% compared to the previous month. If we take a look at the chart below, we can see how much U.S. silver imports in March increased compared to January and February:
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A Critical and Ignored 2008 Email by Ben Bernanke on the Lehman Collapse

by Pam Martens and Russ Martens, Wall St On Parade:
A little noticed 2008 email from former Federal Reserve Chairman, Ben Bernanke, raises serious questions about his official narrative on the collapse of Lehman Brothers. We’ll get to the email in detail, but first some necessary background. 
A lot of eyes rolled on Wall Street last October when Ben Bernanke, who chaired the Federal Reserve in the lead up to and during the financial collapse in 2008, released his memoir of the financial crisis with the title: “The Courage to Act: A Memoir of a Crisis and its Aftermath.” Many Wall Street observers felt the title would have more correctly captured the facts on the ground had it read: “The Lack of Fed Courage to Supervise Mega Banks Led to an Epic Collapse.” (In the leadup to the crisis, the Fed allowed Citigroup CEO Sandy Weill and JPMorgan Chase CEO, Jamie Dimon, to sit on the Board of its Federal Reserve Bank of New York, among numerous other conflicts of interest.)
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Food Stamp Cuts To Cause Major Riots!

from THElNFOWARRlOR:


5 Secret Places Censored on Google Maps: “Military Secrets Blacked Out”

by Mac Slavo, SHTFPlan:
What lies at the heart of the secret government’s infrastructure around the world?
Google, it seems, won’t let you know. In many rare instances, its satellite images have been edited and blacked out to cover-up whatever is there. And since they are so deeply embedded with government and military activities, it is no wonder.
This video identifies 5 fascinating sights that could shed light on the mysteries surrounding secret military activities – but instead, they are blacked out and censored.
What is really going on at these sites, and why are portions of these areas obscured from view? There are more questions than answers.
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ANOTHER EBT TEST?! The American Shutdown: Coming Soon!!!

from TruthUnveiled777:


In just 2016 alone, there have been well over 2,700 reports of outages and “glitches” when it comes to SNAP EBT cards. These reports continue to skyrocket as we progress into June — in fact, many people reports having their EBT off for hours, if not days.
Not to mention the Center on Budget and Policy Priorities (CBPP), which announced their plans to cut as many as 1 MILLION adults off their SNAP benefits in 2016.
Couple all this with the ongoing “computer glitches” and “technical glitches” from Big Corporations (most of which they say are “unexplainable”), the nationwide EBT shutdown back in October 2013, food shortages worldwide, and the bail-in systems in Europe — and some SERIOUS Alarm Bells should be ringing!

Constitutional Judge Begs America to “Wake Up” Over Fed’s Plan to Spy on Your Web Activity

by Matt Agorist, Activist Post:
This week, the US senate published a bill that would give the FBI seemingly unlimited power to pry into the “electronic communications” of American citizens. The bill would give the FBI warrantless access to email records as well as a slew of other electronic data.
Its passage could effectively end online privacy.
According to a report in the Intercept:
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