96% Of Clinton Donations Went To The Clinton Foundation...

Justice Department Objected To Obama's $400 Million Iran "Ransom Payment"

Just when the Obama administration thought that Hillary and Trump had distracted the media enough from the farcical $400 million 'payment' to Iran that 'coincided' with the delivery of four hostages, The Wall Street Journal reports senior Justice Department officials raised objections to the Iran cash handover- warning it "would look like a ransom payment."

Fed's Bullard: "We Don't See Recession Risk Likely In Near Term".... Just Like In August 2008

James Bullard, 2013: As of early August 2008 "the growth picture for the U.S. economy according to available real-time data was relatively good"
James Bulard, 2016: As of August 2016 "we don't see recession risk likely in the near term"

Stocks Extend Winning Streak To Longest In 4 Years Despite Deluge Of Dismal Data

FBI Mutiny? Feds Said To Launch Clinton Foundation Corruption Probe Despite DoJ Objections

Multiple FBI investigations are reportedly underway involving potential corruption charges against the Clinton Foundation, according to a former senior law enforcement official... The actions are "seen by agents as a positive development as prosecutors there are generally thought to be more aggressive than the career lawyers within the DOJ.”

10 STRAIGHT MINUTES OF CNN & MSNBC CUTTING GUESTS MICS TO PROTECT HILLARY CLINTON

from The Daily Sheeple:
This, right here, is where the term “presstitutes” comes from.
Is there anyone left who still thinks we get “news” from these people? We have turned a corner in this country, propaganda-wise. It’s full-on and blatant now. They aren’t even trying to pretend not to be puppets.
They just simply are puppets.
The scariest part is when a guest starts in with, “A girl who was raped by a pedophile that Hillary Clinton bragged about getting off—” And a female talking head at CNN rolls her eyes and cuts him off with “OH COME ONNNN” like that’s just so tired and boring and she’s just so over it already… when there’s audio of Hillary herself laughing about getting said pedophile who she obviously believes is guilty off on a technicality, so if anything, it’s one the most corroborated talking points that should be discussed that exists!
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Ron Paul Rages At The "Phony Job Recovery"

Until the notion that wealth and prosperity can come from a printing press is eradicated from the thinking of policymakers, economies around the world will remained mired in this malaise. Jobs created through government money creation and heavily protectionist laws and regulations will not meet the needs of consumers, will add nothing to productivity, and ultimately will not last... economic stagnation is the unfortunate but predictable result.

Weekend Reading: Willful Blindness

The problem for individual investors is the “trap” that is currently being laid between the appearance of strong market dynamics against the backdrop of weak economic and market fundamentals. Ignoring the last two to chase the former has historically not worked out well.

Clintons Made A Quarter Billion Dollars Since Leaving The White House, Mostly From Speeches

Friday Humor? Palo Alto Planning Commissioner Quits Due To High Cost Of Housing

"Dear City Council Members and Palo Alto Residents, This letter serves as my official resignation from the Planning and Transportation Commission. My family has decided to move to Santa Cruz. After many years of trying to make it work in Palo Alto, my husband and I cannot see a way to stay in Palo Alto and raise a family here... no reason to keep serving the average Joe when the city is only affordable to Joe Millionaires."

"Yes, The System Is Rigged"

This longest of election cycles has rightly been called the Year of the Outsider. It was a year that saw a mighty surge of economic populism and patriotism, a year when a 74-year-old Socialist senator set primaries ablaze with mammoth crowds that dwarfed those of Hillary Clinton. It was the year that a non-politician, Donald Trump, swept Republican primaries... But if it ends with a Clintonite restoration and a ratification of the same old Beltway policies, would that not suggest there is something fraudulent about American democracy, something rotten in the state?

Review Of Q2 Earnings Calls Reveals Cautious Consumer, Margin Contraction And Brexit Fears

A review of conference call transcripts of 50 companies, accounting for over 30% of the market cap of the S&P 500, revealed a cautious consumer, contracting margins and CEO fears over the impact of a strengthening USD and Brexit fallout... exactly what The Fed's Jim Bullard just said was not a problem.

How The ECB Helped Buy Krispy Kreme

Central banks bought 21% of JAB Holdings' 150m bond increase, a transaction that coincided with the first day of the European Central Bank's Corporate Sector Purchase Programme. According to the distribution statistics seen by IFR, central banks and officials institutions were the second biggest buyers of the May 2023 tap via Deutsche Bank and HSBC.

The Ultimate Long Game: Autarky And Resilience

Ironically, autarky and these cultural dynamics arise from decentralization and the free flow of information, not one-world centralization. Anyone pursuing that path is doomed to instability and collapse. Oh, and the ability to defend your FEW resources from starving, resource-poor neighbors: that matters, too.

VIX And Junk Bond Spreads Are Out Of Whack

The question that needs to be answered is will it normalize because investors (and The ECB) bid up high yield bonds or because the complacency in the stock market erodes away?

Soros' "Big, Bearish" Bets Backfiring? CIO Steps Down After Only 8 Months

The relatively new Ted Burdick is stepping down as chief investment officer of George Soros’s $25 billion family office after only 8 months on the job. It is unclear if the significant personnel change - typically CIOs are given a lengthy runway in which to implement their strategies - is indicative of a recent hit to the Soros P&L. According to sources, Soros' openly bearish bets to date have been a source of loss, however not a dramatic one.

Mexico's "Legendary" Oil Hedging Desk Is Quietly Preparing For The Next Plunge

While oil longs and Saudi Arabia are enjoying this week's latest, substantial short squeeze, prompted if not so much by the latest set of cheerful, if repetitve, IEA "rebalancing" forecasts, the fundamental reality as confirmed not only by a recent Morgan Stanley report which sees oil dropping to the mid-$30s, but also by the just released Baker Hughes oil rig count which reported a spike of 15 rigs in the past week, the most since 2015, suggests that there is more downside pressure in store for oil. Some are already actively hedging for just that.

Californication: Another $1.5BN Spent On A Playground For The Chinook Salmon

Ever wonder what the end goal is in California? Between the relentless attacks on business and blatant pandering to environmental interests we often wonder whether politicians would prefer to just turn the entire state into a National Park.

Surging Precious Metals Prices & U.S. Energy Inventories… One Is Good, The Other Isn’t

by Steve St. Angelo, SRS Rocco Report:
As the precious metals prices surged this year, so did U.S. petroleum inventories. While rising gold and silver prices are a positive sign for the precious metals industry, the surging U.S. petroleum stocks are extremely negative. However, the prices of the metals and energy are currently not trading based on the fundamental values.
For example, the price of oil continues to rally on the back of rising U.S. and world petroleum stocks. This is especially true in the United States. Not only are total U.S. Gasoline stocks higher this May compared to the same period last year, they are up considerably over the past decade:
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Hyperinflation Defined, Explained, and Proven: Part III – Jeff Nielson

by Jeff Nielson, Sprott Money:
In the first part of this series, the term “hyperinflation” was defined. “Inflation” is an increase in the supply of money. The prefix “hyper” denotes that something is excessive. Thus by necessary, logical extrapolation, hyperinflation can only be an excessive or exponential increase in the supply of money (currency).
Most people will either not understand or not agree with this definition, because they have been consistently fed a pseudo-definition of this term, that “hyperinflation” represents an exponential increase in prices, i.e. extreme price inflation. In fact, this extreme price-spiral is not the actual hyperinflation, but rather the consequence of hyperinflation. The causal chain here is elementary.
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RUMINT: U.S. Nukes Are Being Evacuated from Turkey’s Incirlik Air Base to Bulgaria

from Rogue Money:
Here’s an excerpt with a link to the original Vineyard of the Saker post:
Bulgaria had no Russian bases in Soviet times, but now has a number of US ones and is already in increasing danger at a time of growing Cold War 2.0 tensions. If Washington moved nukes into the country without the government’s permission, it would be a display of arrogance that could cost the USA dear.
But to use the huge US base in Kosovo would be to put the weapons just a few miles form major concentrations of armed Jihadists, surely unwise even by Washington’s standards of recklessly or deliberately sending weapons to places from which they are promptly seized by Al Qaeda or ISIS.
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How the Elite Will Stop the 2016 Election If Trump Is Leading

by Dave Hodges, The Common Sense Show:
I recently received this email inquiring as to how the criminal elite would stop the 2016 election if Trump were on the verge of winning.
Following the email is my answer.
Dear Dave
Thank you for your articles and your radio show. I appreciate you and pray for you everyday.
You have mentioned that you think the Kaine will replace Clinton due to bad health. Do you think the same is true for Pence. If Trump is elected will the is supporter of the free trade agreements replace an assassinated Donald Trump?
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The US Government Economic Recovery Propaganda Has Been Exposed

from X22Report:

Episode 1046a. Greece just sold its largest port to China. Macy’s closes 100 stores, retail continues to contract. Obama says wages are growing, but a recent revision in wages shows they are declining. The Federal Tax receipts are as low as 2008 right before the crash, unemployment at 4.9% I think not. Gold demand reaches record highs in the first half of 2016. Obamacare on the verge of collapse.

Russia’s Weakness Is Its Economic Policy — Paul Craig Roberts and Michael Hudson

by Paul Craig Roberts, Paul Craig Roberts:
According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union. If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today. It would have avoided most of the capital flight to the West by relying on self-finance.
Washington, however, took advantage of a naive, gullible and demoralized Russian government which looked to Washington for guidance in the post-Soviet era. Russians thought that the rivalry between the two countries had ended with the Soviet collapse and trusted American advice to modernize the Russian economy with best-practice Western ideas. Instead, Washington abused this trust to saddle Russia with an economic policy designed to carve up Russian economic assets and transfer ownership into foreign hands.
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