Crude Explodes Higher After Iran 'Reportedly' "May Support Actions To Prop Up Oil Market"
China Has Its First Taste Of "VaR Shock" As PBOC 14 Day Repo Sparks Treasury Dump
Madness In Mario-World: European Companies Issue Debt Simply Because The ECB Will Buy That Debt
New Home Sales Soar Most Since 2007 Driven By Southern Sales Surge
Richmond Fed Manufacturing Survey Collapses By Most On Record
Gilts Spike After Cover Ratio In Today's 15Y+ POMO Tumbles, BOE Buys All Bonds At Premium
US Manufacturing Flashes "Warning Light" As New Orders, Employment Tumble
VIX-Slam To 11 Handle Sends S&P To Record Highs
CLSA: "The Bank Of Japan Has Nationalized The Japanese Stock Market"
What's Wrong With This Picture? (Again)
"It's Scary Quiet": The Past Month Has Seen The Least Volatility Since 1995
Obamacare Is Rapidly Becoming The Poster-Child For American Inequality
"It's Gone" - Why Foreign Demand For US Treasuries Has Disappeared
In our days of darkness, spreading ignorance, and absence of serious debate in public forums, we can take hope from the fact that some scholars still produce serious and informative books on the most critical issues of our time. If in the future policymakers again seek the guidance of truth, they will have the information at hand. One such book of truth is Jeremy R. Hammond’s just published Obstacle to Peace, a closely reasoned, heavily documented (68 pages of footnotes), fully indexed, readable book with a Foreword by Richard Falk, an Introduction by Gene Epstein, and an endorsement by Noam Chomsky.
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by F. William Engdahl, New Eastern Outlook:
Students of history will find eerie but quite predictable parallels between the collapse of the Roman Empire in the 4th Century AD and the collapse of America’s global hegemony today. Not only has the choice of political so-called leaders become the near-exclusive province of big money patriarchs and their corporate interests. The choice of politicians voters are offered is worse than abysmal. As President Barack Obama tries every sneaky trick in the book to ram through a hugely unpopular Trans-Pacific Partnership free trade corporate scam, a report has emerged that there is a staggering $6.5 trillion of US taxpayer dollars that cannot be properly accounted for by standard good accounting methods. That’s trillion, not million, not billion, but trillion. That is almost 40% of the annual USA Gross Domestic Product. Missing in action…
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Students of history will find eerie but quite predictable parallels between the collapse of the Roman Empire in the 4th Century AD and the collapse of America’s global hegemony today. Not only has the choice of political so-called leaders become the near-exclusive province of big money patriarchs and their corporate interests. The choice of politicians voters are offered is worse than abysmal. As President Barack Obama tries every sneaky trick in the book to ram through a hugely unpopular Trans-Pacific Partnership free trade corporate scam, a report has emerged that there is a staggering $6.5 trillion of US taxpayer dollars that cannot be properly accounted for by standard good accounting methods. That’s trillion, not million, not billion, but trillion. That is almost 40% of the annual USA Gross Domestic Product. Missing in action…
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by Mark O’Byrne, Gold Seek:
Deposits at Bank of Ireland are soon to face charges in the form of negative interest rates after it emerged on Friday that the bank is set to become the first Irish bank to charge customers for placing their cash on deposit with the bank.
This radical move was expected as the European Central Bank began charging large corporates and financial institutions 0.4% in March for depositing cash with them overnight.
Bank of Ireland is set to charge large companies for their deposits from October. The bank said it is to charge companies for company deposits worth over €10 million.
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Deposits at Bank of Ireland are soon to face charges in the form of negative interest rates after it emerged on Friday that the bank is set to become the first Irish bank to charge customers for placing their cash on deposit with the bank.
This radical move was expected as the European Central Bank began charging large corporates and financial institutions 0.4% in March for depositing cash with them overnight.
Bank of Ireland is set to charge large companies for their deposits from October. The bank said it is to charge companies for company deposits worth over €10 million.
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by Don Quijones, Wolf Street:
Expanding its Program of Financial Darwinism
In June, the ECB began buying the bonds of some of the most powerful companies in Europe as well as the European subsidiaries of foreign multinationals. This pushed the average yield on euro investment-grade corporate debt to 0.65%. Large quantities of highly rated corporate debt with shorter maturities are trading at negative yields, where brainwashed investors engage in the absurdity of paying for the privilege of lending money to corporations. By August 12, the ECB had handed out over €16 billion in freshly printed money in exchange for corporate bonds.
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Expanding its Program of Financial Darwinism
In June, the ECB began buying the bonds of some of the most powerful companies in Europe as well as the European subsidiaries of foreign multinationals. This pushed the average yield on euro investment-grade corporate debt to 0.65%. Large quantities of highly rated corporate debt with shorter maturities are trading at negative yields, where brainwashed investors engage in the absurdity of paying for the privilege of lending money to corporations. By August 12, the ECB had handed out over €16 billion in freshly printed money in exchange for corporate bonds.
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from X22Report:
SABRE
RATTLING BETWEEN JAPAN AND CHINA INTENSIFIES ALONG WITH RUSSIA AND THE
USA/HILLARY’S TROUBLES ALSO MAGNIFIES AS THE FBI FINDS 15,000 MORE WORK
RELATED EMAILS
from Harvey Organ:
For the August gold contract month, we had a good sized 46 notices served upon for 4600 ounces. The total number of notices filed so far for delivery: 13126 for 1,312,600 oz or tonnes or 40.827 tonnes. The total amount of gold standing for August is 42.777 tonnes.
In silver we had 0 notices served upon for nil oz. The total number of notices filed so far this month: 471 for 2,355,000 oz.
Monday the raid orchestrated by the crooks was aimed at silver. The relatively high OI for the new upcoming front month of September as well as huge numbers of options in the money is scaring our bankers and thus the need to raid.
Read More @ Harveyorganblog.com
from Harvey Organ:
For the August gold contract month, we had a good sized 46 notices served upon for 4600 ounces. The total number of notices filed so far for delivery: 13126 for 1,312,600 oz or tonnes or 40.827 tonnes. The total amount of gold standing for August is 42.777 tonnes.
In silver we had 0 notices served upon for nil oz. The total number of notices filed so far this month: 471 for 2,355,000 oz.
Monday the raid orchestrated by the crooks was aimed at silver. The relatively high OI for the new upcoming front month of September as well as huge numbers of options in the money is scaring our bankers and thus the need to raid.
Read More @ Harveyorganblog.com
from The Money GPS:
from BATR:
It does not take a great amount of brain power to comprehend that for the U.S. to surrender the final oversight of ICANN that the internet as it has functioned with relative acceptance of political emancipation is fundamentally at risk to end as we know it. In this campaign cycle of American First Nationalism vs. Internationalist Global Despotism, the stakes are most clear. Where is the public indignation and anger that a cornerstone of most people’s lives is about to be ceded with little or no outrage?
Now the amusing aspect is that there are so many utopians that actually see a shift in the administration of how the internet operates as a good development if America is stripped of their pivotal role as cyberspace arbitrator. It would be silly on its surface, if it was not so profound and dangerous in its substance
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It does not take a great amount of brain power to comprehend that for the U.S. to surrender the final oversight of ICANN that the internet as it has functioned with relative acceptance of political emancipation is fundamentally at risk to end as we know it. In this campaign cycle of American First Nationalism vs. Internationalist Global Despotism, the stakes are most clear. Where is the public indignation and anger that a cornerstone of most people’s lives is about to be ceded with little or no outrage?
Now the amusing aspect is that there are so many utopians that actually see a shift in the administration of how the internet operates as a good development if America is stripped of their pivotal role as cyberspace arbitrator. It would be silly on its surface, if it was not so profound and dangerous in its substance
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Rutgers University Professor of Medicine says Clinton should be assessed by an impartial panel of physicians
by Paul Joseph Watson, Infowars:
Top doctor and Rutgers University Professor of Medicine Bob Lahita says that concerns over Hillary Clinton’s health are not a conspiracy theory and that Clinton should be assessed by an impartial panel of physicians.
Lahita told Fox Business that he agreed with Dr. Drew on several points about Hillary’s health. Last week, Drew told KABC that he is “gravely concerned” about Hillary Clinton’s health, noting that the treatment she has received is “bizarre”.
by Paul Joseph Watson, Infowars:
Top doctor and Rutgers University Professor of Medicine Bob Lahita says that concerns over Hillary Clinton’s health are not a conspiracy theory and that Clinton should be assessed by an impartial panel of physicians.
Lahita told Fox Business that he agreed with Dr. Drew on several points about Hillary’s health. Last week, Drew told KABC that he is “gravely concerned” about Hillary Clinton’s health, noting that the treatment she has received is “bizarre”.
“This is a very unusual story with
Hillary,” said Lahita, making reference to her suffering two blood
clots, a stroke and post-concussive syndrome, which caused Hillary to
have to wear special prism glasses to counter her double vision.
Read More…
by Susan Jones, CNSnews:
The conservative group that has forced the release of emails that Hillary Clinton preferred to keep private is going to court on Monday, seeking the speedy release of another 15,000 Clinton emails and documents.
These are emails obtained by the FBI that “Mrs. Clinton tried to hide from the American people,” Judicial Watch President Tom Fitton told CSPAN Monday morning.
The FBI turned the emails over to the State Department, and under its pending Freedom of Information Act requests, Judicial Watch is now suing to have them released.
“And we were just told on Friday there are at least 15,000 or so emails or documents that have been recovered, or documents that weren’t turned over by Mrs. Clinton, at least. And so we’re going to try to get those documents and see how quickly the government is willing to turn them over to us, and we’ll discuss that in court today,” Fitton said.
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The conservative group that has forced the release of emails that Hillary Clinton preferred to keep private is going to court on Monday, seeking the speedy release of another 15,000 Clinton emails and documents.
These are emails obtained by the FBI that “Mrs. Clinton tried to hide from the American people,” Judicial Watch President Tom Fitton told CSPAN Monday morning.
The FBI turned the emails over to the State Department, and under its pending Freedom of Information Act requests, Judicial Watch is now suing to have them released.
“And we were just told on Friday there are at least 15,000 or so emails or documents that have been recovered, or documents that weren’t turned over by Mrs. Clinton, at least. And so we’re going to try to get those documents and see how quickly the government is willing to turn them over to us, and we’ll discuss that in court today,” Fitton said.
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