Sunday, July 24, 2016

DNC Chairwoman "Quarantined" From Convention After Sanders Demands "Someone Be Held Accountable" For Emails



In a shocking turn of events for the new normal, it appears that Bernie Sanders' campaign demands that "someone in the DNC be held accountable" over the leaked emails showing collusion to undermine any Clinton opposition, have been heard. As CNN reports, DNC Chair Debbie Wasserrman Schultz will not speak at or preside over the party's convention this week. As one top Democrat said "she's been quarantined."

Leaked DNC Emails Confirm Democrats Rigged Primary, Reveal Extensive Media Collusion


  • There has been a plot designed to smear Bernie Sanders and to hand the Democratic nomination to Hillary on a silver platter
  • There has been repeated collusion between the DNC and the media
  • There has been questionable fundraising for both Hillary Clinton and the DNC

Democrats Accuse Russia Of Hacking DNC Server To Help Donald Trump


"What is disturbing to us is that experts are telling us that Russians broke into the DNC, stole these emails and other experts are now saying that the Russians are now releasing these emails for the purpose of actually helping Donald Trump. I don't think it's coincidental that these emails were released on the eve of our convention here and that's disturbing."

Koch Brothers Now Supporting "Often Confused" Hillary Clinton



On July 20th, a Republican U.S. Senator lost his main financial backers for having urged Republicans to vote for Donald Trump instead of for Hillary Clinton. The Koch brothers speak with their words, which can’t be trusted, but they also speak with their money, their investments, which are always honest expressions of their actual beliefs and desires. This time, the Kochs spoke with their money, just a day after that Senator spoke with his words.

75 Percent Positive Response to Donald Trump Speech — So CNN Trashes Its Own Poll

by Patrick Howley, Breitbart:
CLEVELAND, Ohio – Donald Trump won the Republican nomination for president in Cleveland during a momentous week in political history.
On Thursday night, Trump gave a one-hour-and-fifteen-minute speech accepting the Republican nomination. The speech was so overwhelmingly well-received among the crowd that the media did not know what to do to tear it apart. Chyrons appeared on mainstream networks: “Trump Accepts Nomination.” Nothing scandalous.
CNN late-night host Don Lemon’s face was distraught during his panel, as was the face of one-time Ted Cruz employee Amanda Carpenter. Lemon’s show would play on the screens at public places without any sound, which was appreciated by the attendees.
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G-20 Meeting Ends With Rising Dischord Between China And US


While the G-20 group traditionally tries to put on a united front, a curious divergence emerged following the latest meeting in China, where as Bloomberg notes Chinese and U.S. officials "showed signs of being at odds on how synchronized efforts to boost global growth need to be, with China stressing the need for improved coordination more than the U.S."U.S. Treasury Secretary Jacob J. Lew on Thursday talked down the need for crisis-level coordination as he headed to Chengdu, China, for the meeting. 

Busting Media Myths On Peak Oil

Depending upon whom you speak with, peak oil is either a catastrophe waiting to happen or a far-off concern that has already been solved or will be soon. Frequently, peak oil is referred to as a myth. What you rarely hear is that peak oil is an empirical fact having already occurred in dozens of countries.


Machete-Wielding Syrian Refugee Kills One; Injures Two In Southern German City


With the police still trying to find the motives behind Friday's Munich attack, moments ago Bild reported that a man with a machete murdered a woman, and injured two others in the downtown area of the southern German town of Reutlingen. The attacker, who according to Sky News, was a Syrian refugee, has been arrested.

Foreign Buyers Continue to Inflate Global Residential Real Estate Bubbles - This Will End Badly


We have frequently talked about the negative future consequences of hot international money chasing “safe” foreign real estate investments. As such, our interests were piqued to discover that the average price paid by Chinese investors in US residential real estate for 2016 continued its meteoric rise to $937k from $832k in 2015, a mere 20% CAGR since 2011 vs. only 4% for the U.S. market overall. They must see something the rest of us are missing.

The Real Message From Asset Inflation


The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Extreme one-way bets aside, the overriding reason for valuation disparities is becoming more consistent with the downgrading of cash, rather than a revaluation of assets

Munich Shooter Planned Attack For A Year Germany Alleges; May Use Military During Next "Extreme Situation"


In addition to pivoting away from a story of "radical Islam" striking again, despite objections of a narrative that just does not fit,  Germany is now doubling down on a story of a sick, mentally-troubled individual, who played a lot of first-person shooter video games, who had been bullied by his classmates, and who decided to take out his anger on fellow children in a mass shooting which ended with his suicide.  Most importantly, Germany has now opened the doors to summoning the Bundeswehr  - the military - the next time an "extreme situation" such as this one takes place

Eric Peters: "In A World Awash In Stimulus, How Should You Invest In The Absence Of A Crisis"


"No one knows whether the accumulation of all this extraordinary stimulus is solving our problems, or simply staving off a crisis that will reappear soon after we stop. And with so much of this new money leaking to America and emerging markets, it’s not just a question for Europe and Japan. Which leaves investors facing a dilemma all their own: In a world awash in stimulus, how should you invest in the absence of a crisis?"

Turkey has a NATO Nuke Problem

by James Corbett, The International Forecaster:

The dust has yet to fully settle on last week’s failed coup attempt in Turkey. Accusation has followed counter-accusation, but in the minefield of blatantly biased media and agenda-driven anonymous reports sourcing unnamed officials there is so much confusion that only those involved in the plot know for sure what really happened (or maybe not!).
Nevertheless, some things we can say with a degree of certainty. For one, it seems that the real winner of the whole event (at least in the short term), is Erdogan himself. Taking a page from the Churchill / Emanuel school of crisitunity, Erdogan declared the coup a “gift from God” and went about purging thousands of soldiers, officers, judges and other personnel using the evident threat to national security as an excuse to transform the country. Given how much that sounds like post-9/11 America, it’s perhaps no surprise, then, that both Obama and Trump have refused to criticize the crackdown.
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It Starts: First Mega-Foreclosure Hits Houston Office Market

by Wolf Richter, Wolf Street:
A nasty quarter at the epicenter of the Great American Oil Bust.
Greenspoint Place, a 1.5-million-square-foot, six-building office and retail complex on 36 acres, whose occupancy plunged below 40% when Exxon Mobil moved to its new campus, was sold at a foreclosure auction on July 5. It crowned a nasty quarter in Houston’s oil-bust office market.
The complex was owned by a partnership of two giants: one of the world’s largest developers, Hines, and the General Motors Pension Fund. They’d acquired it in the 1990s. In July 2012, they’d refinanced the first mortgage of $145 million with Northwestern Mutual.
Letting the lender deal with the problems was the logical solution. In early June, Hines told the Houston Business Journal in an email:
“Considering the average occupancy rate in this depressed submarket is only about 50%, due largely to the fact the energy market is hurting, ownership of the asset will be turned over to the lender. We believe that is the best course of action for the property at this juncture.”
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Armageddon Approaches — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
The Western pubic doesn’t know it, but Washington and its European vassals are convincing Russia that they are preparing to attack. Eric Zuesse reports on a German newspaper leak of a Bundeswehr decision to declare Russia to be an enemy nation of Germany.
http://www.strategic-culture.org/news/2016/06/09/germany-preparing-for-war-against-russia.html
This is the interpretation that some Russian politicians themselves have put on the NATO military bases that Washington is establishing on Russia’s borders.
Washington might intend the military buildup as pressure on President Putin to reduce Russian opposition to Washington’s unilateralism. However, it reminds some outspoken Russians such as Vladimir Zhirinovsky of Hitler’s troops on Russia’s border in 1941.
Zhirinovsky is the founder and leader of Russia’s Liberal Democratic Party and a vice chairman of the Russian parliament. In a confrontation with the editor of a German newspaper, Zhirinovsky tells him that German troops again on Russia’s border will provoke a preventive strike after which nothing will remain of German and NATO troops. “The more NATO soldiers in your territory, the faster you are going to die. To the last man. Remove NATO from your territory!” https://www.youtube.com/watch?v=aQm8L8d8uDc
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The Real Message From Asset Inflation



The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Extreme one-way bets aside, the overriding reason for valuation disparities is becoming more consistent with the downgrading of cash, rather than a revaluation of assets

Bitcoin Becomes The New Hot Commodity For Large Investors

from News BTC:
Some reports are making claims of how large investors are starting to flock to Bitcoin. Rumors like these have been floating around the Internet for quite some time now, although there has been little evidence to back it up. Several investors have gone on the record to tell the world how they diversify an investment portfolio. Central banks are hitting the glass ceiling as to how much they can do to fix the situation.
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Ted Cruz Endorsing Hillary Fallout, He’s Done!

from The Alex Jones Channel:











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