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by Michael Krieger, Liberty Blitzkrieg:
A few days ago, Cesar A. Hidalgo published a very important article titled, What I Learned From Visualizing Hillary Clinton’s Emails.
So who is Cesar Hidalgo?
César A. Hidalgo is associate professor of media arts and sciences at the MIT Media Lab and the author of Why Information Grows: The evolution of order from atoms to economies. He has also lead the creation of data visualization sites that have received more than 100 million views, including datausa.io, dataviva.info, atlas.media.mit.edu, immersion.media.mit.edu, pantheon.media.mit.edu, streetscore.media.mit.edu, and others (see chidalgo.com for more details).
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A few days ago, Cesar A. Hidalgo published a very important article titled, What I Learned From Visualizing Hillary Clinton’s Emails.
So who is Cesar Hidalgo?
César A. Hidalgo is associate professor of media arts and sciences at the MIT Media Lab and the author of Why Information Grows: The evolution of order from atoms to economies. He has also lead the creation of data visualization sites that have received more than 100 million views, including datausa.io, dataviva.info, atlas.media.mit.edu, immersion.media.mit.edu, pantheon.media.mit.edu, streetscore.media.mit.edu, and others (see chidalgo.com for more details).
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from ZeroHedge:
Over the past year, the biggest casualty to emerge as a result of global NIRP (or close to it) monetary policy have been pension funds, which have had two choices: either suffer losses as yields on new fixed income investments barely cover (and in some case don’t), or scramble for duration (or outright risky investments like junk bonds and high beta stocks).
In August, we created the chart below as a simplistic illustration of the pension “duration dilemma.” The chart graphs how a pension liability grows in a declining interest rate environment versus the value of 5-year and 30-year treasury bonds. As you can see, a $1BN pension that is fully funded at prevailing interest rates would be nearly $700mm underfunded if interest rates declined 300bps and all of their assets were invested in 30-year treasury bonds. The result is obviously even worse if the fund’s assets are invested in shorter duration 5-year treasuries.
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Over the past year, the biggest casualty to emerge as a result of global NIRP (or close to it) monetary policy have been pension funds, which have had two choices: either suffer losses as yields on new fixed income investments barely cover (and in some case don’t), or scramble for duration (or outright risky investments like junk bonds and high beta stocks).
In August, we created the chart below as a simplistic illustration of the pension “duration dilemma.” The chart graphs how a pension liability grows in a declining interest rate environment versus the value of 5-year and 30-year treasury bonds. As you can see, a $1BN pension that is fully funded at prevailing interest rates would be nearly $700mm underfunded if interest rates declined 300bps and all of their assets were invested in 30-year treasury bonds. The result is obviously even worse if the fund’s assets are invested in shorter duration 5-year treasuries.
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by Andy Hoffman, Miles Franklin:
On Thursday morning, I wrote “global regime change,” regarding the sweeping political and social revolution the world is undergoing, the result of four-plus decades of cancerous economic decay, historic wealth disparity, and the relentless surge of the cost of living caused by four-plus decades of unprecedented money printing. No matter where you look, people are dispirited, demoralized, and angry; which is why, in the last two years alone, historic votes, referendums, or other forms of regime change have occurred in nations as diverse as Scotland, Greece, Catalonia, Brazil, and the UK; with many more to come, such as next month’s potentially Europe-changing Italian Constitutional Reform referendum.
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On Thursday morning, I wrote “global regime change,” regarding the sweeping political and social revolution the world is undergoing, the result of four-plus decades of cancerous economic decay, historic wealth disparity, and the relentless surge of the cost of living caused by four-plus decades of unprecedented money printing. No matter where you look, people are dispirited, demoralized, and angry; which is why, in the last two years alone, historic votes, referendums, or other forms of regime change have occurred in nations as diverse as Scotland, Greece, Catalonia, Brazil, and the UK; with many more to come, such as next month’s potentially Europe-changing Italian Constitutional Reform referendum.
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by Jim Hoft, The Gateway Pundit:
CAUGHT ON CAMERA—
A postal worker was caught stealing a Donald Trump yard sign.
So now you know where your yard signs are going.
Check the mail carrier’s vehicle.
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CAUGHT ON CAMERA—
A postal worker was caught stealing a Donald Trump yard sign.
So now you know where your yard signs are going.
Check the mail carrier’s vehicle.
Read More
by Martin Armstrong, Armstrong Economics:
FBI Director James Comey released an official statement saying that with respect to Hillary, “we have not changed the conclusions that we expressed in July with respect to Secretary Clinton.” There would be no new charges regarding “mishandling” of classified documents. The real story will be the Clinton Foundation. That is what could lead to TREASON. It is the only possible avenue that I would see that could lead to charges against Hillary. As I stated earlier, there is no way to impeach a president for acts PRIOR to taking office. They would have to charge her, put her on trial, and imprison her BEFORE inauguration to stop her. That just does not seem likely even if Comey had the evidence. It means nothing since she has been nominated as the Democratic candidate.
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FBI Director James Comey released an official statement saying that with respect to Hillary, “we have not changed the conclusions that we expressed in July with respect to Secretary Clinton.” There would be no new charges regarding “mishandling” of classified documents. The real story will be the Clinton Foundation. That is what could lead to TREASON. It is the only possible avenue that I would see that could lead to charges against Hillary. As I stated earlier, there is no way to impeach a president for acts PRIOR to taking office. They would have to charge her, put her on trial, and imprison her BEFORE inauguration to stop her. That just does not seem likely even if Comey had the evidence. It means nothing since she has been nominated as the Democratic candidate.
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