Saturday, March 28, 2015

Both SEC And FINRA Admit That The Market Is Rigged (And They Are Powerless To Fix It)



"When an HFT that is not a member of an association executes an off-exchange trade, the HFT’s identity is usually not reported to the Financial Industry Regulatory Authority, or FINRA, which is the only association currently in existence. This frustrates FINRA’s surveillance efforts as it cannot quickly link trades to the HFTs responsible for them. This is a serious problem because, according to FINRA’s current Chairman, certain market participants disperse their trading activity across multiple markets in an attempt to hide various forms of market abuse, including layering, spoofing, algorithm gaming, and wash sales."
- SEC Commissioner Luis Aguilar.




De-Dollarization Continues As Russia Seeks AIIB Membership

As Moscow and Seoul throw their support behind China's Asian Infrastructure Investment Bank, the question is no longer about the end of dollar hegemony but rather about the extent to which the new venture will be used to institute a global shift towards the yuan.



Trey Gowdy: Hillary Clinton wiped her server clean

from Politico:
Hillary Clinton wiped “clean” the private server housing emails from her tenure as secretary of state, the chairman of the House committee investigating the 2012 terrorist attacks in Benghazi said Friday.
“While it is not clear precisely when Secretary Clinton decided to permanently delete all emails from her server, it appears she made the decision after October 28, 2014, when the Department of State for the first time asked the Secretary to return her public record to the Department,” Rep. Trey Gowdy (R-S.C.), chairman of the Select Committee on Benghazi, said in a statement.
Read More @ Politico.com



Introducing The "Overseas Contingency Operations Account" – Washington's Crony Capitalist War Slush Fund

The imperial spiral into the stratosphere of stupidity is well underway. With zero accountability for those in power, there’s no way to realistically stop it before crash and burn. The best we can hope is to bring the responsible to justice afterward and pick up the pieces by going back to the Constitution.





Greece Prepares To Leave

If Tsipras and Varoufakis should elect to give in to Brussels and Berlin, that decision would still need to be put before the people to vote on, because it would mean a prolongation of austerity. And that is not the mandate. By the same token, if the leadership decides an exit is the only option, and that further negotiations are hopeless because Europe won’t accept anything else than strapping the proud Greek people in a straitjacket, that too will have to be put before a vote. They know there will come a moment when a referendum can no longer be postponed no matter what the polls say. In that, Greece is living up to its glorious past as the cradle of democracy. Still, make no mistake: of course they’re preparing to leave.



Greek Energy Minister Slams "Unscrupulous, Imperialist" Germany, Will Seek "Bold Alternatives" In Russia

The Greek energy minister kicked the hornet's nest point blank earlier today when he said that "Greece is at more than breaking point; urgently needs big, bold alternatives to “German, incumbent Europe"and that "creditors behaving as unscrupulous imperialists towards distant colony, threatening submission or economic suffocation."  More importantly, Lafazanis has some ideas where to find said "big, bold alternatives." In Moscow. Greece's Energy Minister Panagiotis Lafazanis will meet his Russian counterpart and the CEO of energy giant Gazprom in Moscow on Monday, as he hit out at the EU and Germany for tightening a 'noose' around the Greek economy.



UPDATED: 50 Abrams Tanks Appear to Have Been Sent to Ukraine

from Washington’s Blog:
Alarms are being raised both on the right and the left in Austria against what appears to be a stealth move by Obama to send what are clearly attack-weapons (called “Bradley Tanks” but actually they look like Abrams tanks) to what appears to be a likely destination in Ukraine, for what seems to be a planned re-invasion by the U.S.-backed Ukrainian forces into the Donbass region of the former Ukraine.
Here the same photo that was shown before from rightist sites is shown on the leftist site www.facebook.com/OccupyWien:
Supposedly, this train’s next stop was to be in the Czech Republic.
Read More @ WashingtonsBlog.com


The Epidemic of Police Misconduct That No One Is Talking About

from The Daily Sheeple:

Violent police are increasingly criticized for everything from killing dogs to shooting the homeless and beating the mentally ill. These abuses of power are disturbing and desperately need attention. One under-discussed problem with police accountability (or lack thereof), however, is police irresponsibility while driving.
Stories about drunk officers driving the wrong direction on freeways and hitting civilians or soberly ramming into pedestrians are not uncommon. This week alone, three cops caused mayhem and fatalities on the road.
In New Jersey, a car of off-duty officers (who had posted a picture of whiskey shots to Instagram earlier that evening) drove the wrong direction on a freeway, killing a civilian and one of the officers in the vehicle. Two other officers were critically injured. The driving officer had a previous DUI and 8 prior accidents on record. The Police Chief of Linden, James Schulhafer, was vague in his comments, saying “We were all young once and I’m sure we’ve all done stupid things in our life.”
Read More @ TheDailySheeple.com


Paul Craig Roberts – The United States Is Broke And Europe Looks To China As Insane U.S. Policymakers Push For War

from KingWorldNews:
Eric King: “Dr. Roberts, the Chinese-led Asian Infrastructure Investment Bank (AIIB) has made tremendous inroads (with the Europeans). As you know, the UK, France, Italy, etc, joined. Countries are leaving the United States in droves here and looking to the East and saying, ‘Look, we understand you are protesting Washington DC, but we don’t hear you because we have to be part of this (AIIB) — your thoughts on that.”
Dr. Paul Craig Roberts: “That’s another example of where the world has decided that serving Washington doesn’t pay. And so the kind of enslaved, vassalage behavior of other governments toward Washington seems to be drawing to an end….
Dr. Paul Craig Roberts Audio Interview @ KingWorldNews.com


Russia and China Will END Dollar

from TruthNeverTold:




CENTRAL BANKS LOSING CONTROL: Are The Seeds Of A Global Depression Sprouting?

from SRSrocco Report:

If the “markets” are rigged and economies divorced from true market valuations, then what (if anything) could trigger a recoupling of reality to the record setting flashing numbers presently offered by the “market” facade?  My best guess is decelerating global credit and debt creation (and a rotation from private to government debt creation) is the harbinger progressively pushing the financial rigging to its ludicrous conclusion.  The rigging isn’t likely to stop, but the loss of belief and confidence in these numbers (along with economic mismanagement based on these faulty signals) is soon to force market resets and revaluations of everything.  This will culminate in a global depression of unknown duration and depths until balance is restored.
Read More…




"I'm Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After Proclaiming "It Won't Hurt You"

"Do as I say, not as I do," appears to be the message from a controversial lobbyist who claimed that the chemical in Monsanto’s Roundup weed killer was safe for humans refused to drink his own words when a French television journalist offered him a glass... "I'm not stupid," he proclaims... you be the judge...


Mmmm…Have a Nice Big Glass of Round-Up with This Monsanto Lobbyist…Oh…Wait

by Daisy Luther, Nutritional Anarchy:

You all know that we here at Nutritional Anarchy are adamantly opposed to toxic farming methods like the use of Round-Up killer.
But little did we know that it is apparently so safe you could drink an entire quart of it and live to tell the tale. Apparently according to a former Greenpeace-activist-turned-Monsanto-lobbyist (there’s gotta be a heck of a story in how that particular occupational transition occurred), it wouldn’t hurt you at all. (You can read Patrick Moore’s bio HERE, and wonder with us exactly how much it costs Monsanto to buy themselves their very own environmentalist.)
Read More @ NutrionalAnarchy.com




The Bubble Machine Is Complete: Soaring Stocks Push Investors Into Bonds Whose Issuers Buy More Stocks

As JPM notes, soaring equity prices have had the effect of altering investors’ asset allocations, effectively tipping the balance towards equities even as money flows into bond funds. "The more equity prices increase, driven by either hedge funds or investors with low equity allocations, such as Japanese pension funds the higher the incentive by other investors who are already very overweight equities to buy bonds to prevent their bond allocation from falling too low."



Santelli Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value"

Intended warning or unintended slip? After Alan Greenspan's confessional admission that "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it," we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that "cash in not a very convenient store of value," seemingly hinting at Bernanke's helicopter and that there will be no deflation in The US ever... Rick Santelli then sums it all up perfectly... "deflation is clearly the boogeyman... and the only thing that will save the middle class."

Pentagon "Loses Track" Of Equipment From $750mm Bomb-Spotting Program, Finds On eBay & Craigslist












What Deflation? The Price Of Ground Beef Has Doubled Since The Last Financial Crisis

Since the depths of the last recession, the price of ground beef in the United States has doubled. Has your paycheck doubled since then? Even though the Federal Reserve insists that we are in a “low inflation” environment, the government’s own numbers show that the price of ground beef has been on an unprecedented run over the past six years...



Why There Is No Wage Growth In America

Over the past 2 years the Obama administration has been desperate to boost minimum wages, usually over tedious bickering with republicans and corporations who have resisted such an increase, with neither party realizing that such a measure would not do much to actually boost aggregate spending. Instead, what Obama should have been focusing on was to limit the maximum number of hours worked per week, because as the following chart shows, the reason why weekly pay is rising and aggregate earnings is not due to an increase in hourly wages but because Americans are simply working longer hours every week: not quality but quantity.



A World In Change – Shanghai Cooperation Organization

from The Daily Coin:
We present a comprehensive review of the Shanghai Cooperation Organization, including the members, the economics, the resources involved and the people. We show how this global organization is going to impact every person, business and country world wide.
The US Dollar hegemony is dying. The Eastern countries are preparing for what is coming next. We hope you will heed the warning and begin doing your on research and plan accordingly. Everything is going to change and tomorrow will not look, nor operate, as it does today.
Alasdair Macleod from GoldMoney.com and FinanceandEconomics.org begins by introducing who is currently involved and how they relate to one another economically. Craig Hemke from TFMetalsReport.com introduces us to the economics, currency swaps and the possibility of a gold back currency. Dave Kranzler from InvestmentResearchDynamics.com introduces us to some of the history and comprehensive look at the members list and explains how China may be “playing along” with the IMF regarding the SDR (Special Drawing Rights) fiat currency.
Read More


Ending the Drug War and the US Government Terrorist Organization

from TheDollarVigilante:



Jeff is interviewed by Jim Goddard of the Goddard Report, topics include, gold is real money, a massive change coming, fiat currency collapse, the rise of Bitcoin and cryptocurrencies, freedom to trade, marijuana, medical cannabis oil, hemp, ending the war on drugs, the evil that is government, unjust prison system, unjust laws, fascism, police and lawyers the biggest lobbyists for the war on drugs, Barack Obama, the Whitehouse now exempt from from the freedom of information act, rampant violation of the constitution, Canada following down the same path…

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Friday, March 27, 2015

Some Countries ADMIT They Rig the Stock Market


from Washington’s Blog:

Several central banks are directly buying stocks. They include the central banks of Switzerland, Japan, Israel, the Czech Republic, and a total of 23 percent of all nations worldwide. (And it has long been rumored that the Fed buys stocks through proxies.)
The Bank of Japan’s aggressive purchasing of stock funds has helped Japanese shares climb to multiyear highs in recent months. But some within the central bank are growing uncomfortable about the fast-paced rally and the bank’s own role in fueling it.
Since Gov. Haruhiko Kuroda took office in March 2013 and introduced monetary easing of what he called a “different dimension,” the central bank has sharply increased its buying of baskets of stocks known as exchange-traded funds. By directly underpinning the market, officials have tried to encourage private investors to follow suit and put more money in stocks in the hope of stimulating the economy and increasing inflation.
Read More @ WashingtonsBlog.com



Santelli Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value"

Intended warning or unintended slip? After Alan Greenspan's confessional admission that "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it," we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that "cash in not a very convenient store of value," seemingly hinting at Bernanke's helicopter and that there will be no deflation in The US ever... Rick Santelli then sums it all up perfectly... "deflation is clearly the boogeyman... and the only thing that will save the middle class."


Richard Russell – China, IMF, World Bank, Blood In The Streets And A World In Turmoil

from KingWorldNews:
Richard Russell: “Gold, gold, you are making me old. Today could be the day gold closes above resistance at 1200. The anti-gold propaganda voiced to the American people by the Fed has been long lasting and ingrained.
He Who Owns The Gold Makes The Rules
On other subject, China is forming a bank to rebuild and refinance the world. China is sick of the US led IMF and World Bank and is slowly moving towards the point where it will own the world’s next reserve currency.
Richard Russell Continues @ KingWorldNews.com




Central Banks Are Paralyzed At The Zero Bound

If normalisation is the result of economic recovery we will be familiar with the playbook. However, The Fed has to face the possibility that, for whatever reason, highly suppressed interest rates are not working, and an escape from the zero interest rate bound without economic recovery may have to be contemplated. If interest rates cannot rise, then the dollar itself is ultimately exposed to loss of confidence in the foreign exchanges. The dawning realisation that after recent strength, the dollar is vulnerable after all can be expected to be reflected in a positive sentiment towards gold, which once under way could drive the price up dramatically due to the lack of available bullion.


At $5.3 TRILLION-A-DAY in RIGGED Rates, How is YOUR FIAT Currency Doing?

by Katherine Frisk, The Phaser.com:

If you thought Libor rigging was bad and your credit card has blown up in your face with compounding interest repayments that have you flummoxed; or you lost the family fortune due to Gold Price rigging/smashing and the mines in your country have gone belly up and had to close down; how about your local currency? How has that been doing in the last ten years or so? Have you noticed a ridiculous decline especially if you live in an emerging market? Nothing particularly “emerging”about it now is there?
On Monday, principles and ethics, referred to as a… get this, “preamble,” something we all believed the big banks had in the first place, for the world’s biggest currency markets for foreign-exchange trading, will be published in order to police what has been a free for all in currency rigging, or fixing. Are we supposed to be impressed?
Read More @ ThePhaser.com


Jim Willie – Gold Effect on Mining & Shale Wasteland

by Jim Willie, Perpetual Assets:

KING DOLLAR DEATH WATCH
Before diving into the featured topic, let it be known that the USD-based platforms and USGovt-sponsored continental trade unions are a dismal failure, poorly crafted, poorly sold. The effect will be to accelerate the gradually accelerating USDollar rejection on a global scale. The war and sanctions angle continue to support and defend the USD, but it is unsupportable (due to crippling debt) and indefensible (due to QE hyper inflation). The previous week was the most damaging in many years from a psychological standpoint. The Chinese-led Asian Infrastructure Investment Bank (AAIB) won converts recently from Australia and Britain, but last week from Italy, France, Germany, Switzerland, Luxembourg, and seemingly Japan. A noticeable impact was observed on the Kenyan impostor squatter, who works to contain the damage. This week Turkey joined the AIIBank. Keep in mind that the AIIBank is for development projects. It begs for a more honestly stated function for the New Development Bank also promoted and funded by China. The NDB is the gigantic Trojan Horse. The Jackass has been boldly stating that the NDB is for converting USTreasurys, EuroBonds, UKGilts, and JGBonds into Gold bullion and will form the BRICS Gold Central Bank. The conversion process will send the Gold price toward $10,000 per ounce. It is written, but in secret. It will be done, from expedience. It must be, in order to put the global financial system in sound structure and equitable balance.
Read More…



Obama Administration Bullies Allies Over Iran Nuke Deal Dissent

President Obama is "blowing up our alliances to secure a deal that paves Iran’s way to a bomb," according to European sources close to the negotiations, and as Washington Free Beacon reports, efforts by the Obama administration to stem criticism of its diplomacy with Iran have included threats to nations involved in the talks, including U.S. allies. France has borne the brunt of Obama's wrath as one source in Europe close to the ongoing diplomacy said the US has begun to adopt a “harsh” stance toward its allies in Paris because "the clarifications expose just how weak the Americans’ deal is shaping up to be."





"I'm Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After Proclaiming "It Won't Hurt You"

"Do as I say, not as I do," appears to be the message from a controversial lobbyist who claimed that the chemical in Monsanto’s Roundup weed killer was safe for humans refused to drink his own words when a French television journalist offered him a glass... "I'm not stupid," he proclaims... you be the judge...


Orwell and Kafka Do America: How the Government Steals Your Money – “Legally,” of Course

from The Daily Sheeple:
Due process and rule of law have been replaced with “legalized” looting by government in America.
Did you know that the government of Iran steals your cash if they find more than loose change in your car? They don’t arrest you for any crime, for the simple reason you didn’t commit any crime; but it isn’t about crime and punishment–it’s about”legalizing” theft by the state.
So the government toadies don’t charge you with a crime or arrest you–they just steal your money.
Read More @ TheDailySheeple.com

Crude Carnage & Hawkish Yellen Leave Dow In The Red For 2015










Janet Yellen To Discuss "The New Normal For Monetary Policy"

In a few minutes, Janet Yellen will address a lunch session in her native SF Fed (the same place that last week finally figured out what debt is) during a conference whose topic is The New Normal for Monetary Policy (the typo from "Paranormal" is easy to make). The informal agenda will be Yellen's explanation of how she plans on achieving the yield curve which we predicted back in 2010 is just a matter of time.


In Yemen, It’s The Bad Guys Vs. The Bad Guys

by Michael Snyder, The Economic Collapse Blog:
Saudi Arabia and Egypt stand poised to conduct a massive ground invasion of Yemen, and the western media will be full of tales about how “Operation Decisive Storm” is liberating that country from the evil Iranian-backed Houthi rebels.  And without a doubt, the Houthis are bad guys and so are their Iranian benefactors.  But don’t be fooled into thinking that the war in Yemen is a battle of good vs. evil.  The truth is that the conflict in Yemen is actually a proxy war between two sets of bad guys that both ultimately plan for Islam to take over the entire planet.  On one side, the Iranians are very honest about the fact that they view us as an enemy, and they plan to impose their version of radical Shia Islam worldwide as soon as they can.  On the other side, the Saudis pretend to be our friends, but they don’t hide the fact that they believe that their version of Sunni Islam will eventually rule the world.  And their version of Sunni Islam includes constant beheadings, the destruction of all churches and the death penalty for anyone caught smuggling a Bible into Saudi territory.  At the end of the day, there is very little difference between the Saudis and ISIS.  In fact, ISIS gets a lot of funding from Saudi sources, and there is more support for ISIS on Twitter from Saudi Arabia than from anywhere else.  Saudi Arabia is a horribly repressive regime where women are treated like dirt, where the secret police conduct a never ending reign of terror and where even a minor deviation from sharia law can mean the loss of a limb.  But because our politicians and the mainstream media constantly tell us that they are “our friends”, we cheer them on.
Read More…




Housing Contribution To US GDP Lowest In Post-War Era

"The contribution of housing to US GDP continues to run at some of the lowest levels since the end of World War II. New construction of single- and multi-family homes, renovations, broker fees and the like still only make up a bit more than 3% of current GDP, well below the post-war average of 4.7%. Not only has the level of lift from housing come in low, but it has bounced out of the last official recession slowly, too," Deutsche Bank says.




Yemen "Gulf Intervention" Premium Erased, WTI Tumbles Back Below $49

Well that was a quick geopolitical event. On the heels of what was set to be Crude's best week since July 2013, Stratfor clarifying little risk of disruption to crude supplies, Goldman confirming neglible impact from Yemen and more to Iran, and reports from Saudi Arabia that "this [Yemen] operation will not go on for long, I think it will be days," WTI crude has tumbled back to the $48 handle and erased all the "gulf intervention" premium - refocusing on domestic storage concerns.




Police Gas Student Protesters In Quebec

Riot police in Quebec clash with students protesting budget cuts when suddenly, a shoving match escalates into a point-blank gas attack...




Stockman: "The Bottom's Not In", Why This Market Is Dumber Than A Mule

"This market is dumber than a mule, and the nation’s central bank and its counterparts around the world have made it so."
 




Black Swan 2: This Is "The Next Critical Chapter In The Austrian Banking System Story"

"A relatively low-profile entity in Austria – Pfandbriefbank Oesterreich AG (Pfandbriefbank) – is becoming the next critical chapter in the Austrian banking system story." - Daiwa

 



Syria "Welcomes" Larger Russia Presence

Following Vladimir Putin's demands for an "immediate cessation of military activities" in Yemen, AFP reports Syrian President Bashar al-Assad's comment during a recent interview that "with complete confidence that we welcome any widening of the Russian presence in the eastern Mediterranean and on Syrian coasts and ports," including the port of Tartus. Amid the Western-backed opposition National Coalition's planned boycott of talks, Assad pointedly remarked, "the negotiating parties must be independent and must reflect what the Syrian people want... people would not accept that their future, their fate, or their rules are decided from outside."
 




Hans-Werner Sinn Fears Europe's "Very Messy" Easy-Money Endgame

There is a risk that Japan, China, and the US will not sit on their hands while the euro loses value, with the world possibly even sliding into a currency war. Moreover, the southern EU countries, instead of leaving prices unchanged, could abandon austerity and issue an ever greater volume of new bonds to stimulate the economy. Competitiveness gains and rebalancing would fail to materialize, and, after an initial flash in the pan, the eurozone would return to permanent crisis. The euro, finally and fully discredited, would then meet a very messy end. One can only hope that this scenario does not come to pass, and that the southern countries stay the course of austerity. This is their last chance.
 




Greek Deputy FinMin Confirms Athens Is "Prepared For Rift" With Europe

Just days after Greek FinMin Yanis Varoufakis' comments about hoping the Greek people will continue to back the government "after the rift," were played down by Syriza; ekathimerini reports that Alternate Finance Minister Euclid Tsakalotos on Friday made waves by seeming to confirm that the Greek government was "always prepared for a rift" with its European creditors - "If you don't entertain the possibility of a rift in the back of your mind then obviously the creditors will pass the same measures as they did with the previous [government]," (which perhaps explains why default risks are soaring back to post-crisis highs).


Plutocracy Has Become Epidemic in America

from Outsider Club:
I’ve talked pretty extensively about the imminent dangers of crony capitalism and plutocracy in America.
Not only are these issues contributing to what is the largest inequality gap in history, but it’s making all of the financial laws of the land arbitrary and obsolete.
Its not only stifling socioeconomic mobility, but it’s stifling innovation at large.
And a story in yesterday’s Wall Street Journal happens to perfectly articulate a real-life example illuminating just how toxic government relationships can be with mega-corporations — cozy and comfortable, mutually beneficial, abusive and/or privileged at times but totally cancerous to some of democracy’s big-picture goals.
Read More @ OutsiderClub.com

5 Facts You Need To Know About Yemen And Its Conflicts

from The News Doctors:
One of the poorest and most violent countries in the Middle East, Yemen is also an area of strategic importance for regional players – and some of the world’s most dangerous terror groups. RT explains the underlying reasons behind the nation’s conflicts.
Strategic Location
The territory that lies within Yemen’s borders is one of the most ancient cradles of civilization in the Middle East, once known as ‘Arabia Felix’ – Latin for “happy” or “fortunate” – in ancient times. The lands of Yemen were more fertile than most on the Arabian Peninsula, as they received more rain due to high mountains. But because of declining natural resources, including oil, Yemen and its population of about 26 million are now very poor.
Read More @ TheNewsDoctors.com

CENTRAL BANKS LOSING CONTROL: Are The Seeds Of A Global Depression Sprouting?

from SRSrocco Report:

If the “markets” are rigged and economies divorced from true market valuations, then what (if anything) could trigger a recoupling of reality to the record setting flashing numbers presently offered by the “market” facade?  My best guess is decelerating global credit and debt creation (and a rotation from private to government debt creation) is the harbinger progressively pushing the financial rigging to its ludicrous conclusion.  The rigging isn’t likely to stop, but the loss of belief and confidence in these numbers (along with economic mismanagement based on these faulty signals) is soon to force market resets and revaluations of everything.  This will culminate in a global depression of unknown duration and depths until balance is restored.
Read More…


COURT ACCEPTS DOJ’S ‘STATE SECRETS’ CLAIM TO PROTECT SHADOWY NEOCONS: A NEW LOW

by Glenn, Greenwald, The Intercept:
A truly stunning debasement of the U.S. justice system just occurred through the joint efforts of the Obama Justice Department and a meek and frightened Obama-appointed federal judge, Edgardo Ramos, all in order to protect an extremist neocon front group from scrutiny and accountability. The details are crucial for understanding the magnitude of the abuse here.
At the center of it is an anti-Iranian group calling itself “United Against Nuclear Iran” (UANI), which is very likely a front for some combination of the Israeli and U.S. intelligence services. When launched, NBC described its mission as waging “economic and psychological warfare” against Iran. The group was founded and is run and guided by a roster of U.S., Israeli and British neocon extremists such as Joe Lieberman, former Bush Homeland Security adviser (and current CNN “analyst”) Fran Townsend, former CIA Director James Woolsey, and former Mossad Director Meir Dagan. One of its key advisers is Olli Heinonen, who just co-authored Washington Post Op-Ed with former Bush CIA/NSA Director Michael Hayden arguing that Washington is being too soft on Tehran.
Read More @ Firstlook.org


Covert Warfare Coming to Texas

from TheAlexJonesChannel:



Police Implement New Policy to Treat Everyone as Criminals: When a Cop Stops You, Hands Must Go Up

from The Free Thought Project:
Drivers as well as their passengers in Topeka Kansas will soon be subject to a new policy requiring everyone to put their hands up during police stops.
Police say they are implementing this policy because “we all want to go home to our families, and this makes it safer for us to approach vehicles to gain that compliance. It gives us a chance to survive these encounters.”
However, the implications regarding this practice are horrid, and many residents are up in arms about being forced to be up in arms.
Read More See Infographic @ TheFreeThoughtProject.com

Hillary Tells Media What Words They Can’t Use To Describe Her

from Western Journalism:
It must be nice to have the mainstream media in your pocket. That way you can control how you are defined to the American people and the world. It seems Hillary still has this capability now that she is looking to run for president, so her super-PAC had no problem issuing instructions to the media on what words could be used to describe their candidate.
Do you work in the media and have the gall to think that the entire Webster’s dictionary is at your disposal? Think again, you sexist… “We will be watching, reading, listening and protesting coded sexism,” the pro-Hillary group HRC Super Volunteers warned The New York Times’ Amy Chozick Wednesday.
Read More @ WesternJournalism.com


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Thursday, March 26, 2015

Kansas Fed Plunges To 2-Year Lows, New Orders Crash: "Economy Not As Strong As Media Portrays"


How can it be? Services PMI was at 6-month highs. The Kansas City Fed Index tumbled to -4 in March (against expectations of +1) and was last below this level in Feb 2013. KC Fed has now missed for 6 of the last 8 months and the report is a disaster across the board. New orders plunged to -20 (2nd lowest print since Lehman), order backlogs imploded, average workweek collapsed to -17 (lowest since Lehman), and future capex expectations fell to a five-year low. As one respondent noted, "we do not see the economy as being as strong as a portrayed in the national media reports."



Yemen Ground Invasion By Saudi, Egyptian Troops Imminent

Moments ago AP reported that Egyptian military and security officials told The Associated Press that the military intervention will go further, with a ground assault into Yemen by Egyptian, Saudi and other forces, planned once airstrikes have weakened the capabilities of the rebels. "The assault will be by ground from Saudi Arabia and by landings on Yemen's Red and Arabian Sea coasts. The aim is not to occupy Yemen but to weaken the Houthis and their allies until they enter negotiations for power-sharing, the officials said."





Germanwings Co-Pilot "Deliberately Destroyed" Airplane, Identified As 28-Year Old German Citizen

In one of the most chilling segments of this morning's press conference describing what was found on the cockpit voice recorder, screams were heard from passengers and crew as the realisation of what was about to happen struck them all. Prosecutor Brice Robin's findings state that when the German Captain left the cockpit - following what appeared to be - the 28-year-old German co-pilot (who was alive to the end) refused to re-open the door and began an "intentional", "controlled", and "steady" descent as he "seems to have sought to destroy the plane." Nothing indicates that this was a terrorist incident.


Bankers Hate Peace

from Washington’s Blog:
The possibility of an Iran nuclear deal depressing weapons sales was raised by Myles Walton, an analyst from Germany’s Deutsche Bank, during a Lockheed earnings call this past January 27. Walton asked Marillyn Hewson, the chief executive of Lockheed Martin, if an Iran agreement could “impede what you see as progress in foreign military sales.” Financial industry analysts such as Walton use earnings calls as an opportunity to ask publicly-traded corporations like Lockheed about issues that might harm profitability.
Hewson replied that “that really isn’t coming up,” but stressed that “volatility all around the region” should continue to bring in new business. According to Hewson, “A lot of volatility, a lot of instability, a lot of things that are happening” in both the Middle East and the Asia-Pacific region means both are “growth areas” for Lockheed Martin.
Read More @ WashingtonsBlog.com


Is Ted Cruz planned to become the 1st President of a North American Union?

by Lori Stacey, Examiner:
Despite all the absurd analysis being touted in the mainstream by many so-called “experts” Ted Cruz is no more a natural born citizen of the United States than a man born on the moon. So why is this shooting star that appeared suddenly out of the abyss being pushed so hard to become the next political savior of America? The only thing that his background and connections would be perfectly set-up for as a born Canadian of Cuban decent (most likely fluent in Spanish due to his father’s heritage) would perhaps be President of a new North American Union.
To justify my point, we should probably take a closer look at who really is Ted Cruz and who is his wife? Their names are really Rafael Edward Cruz and Heidi S. (Nelson) Cruz. Many people touting “Ted” as the latest hero may not have even known that much about them.
Read More @ Examiner.com
image/bbci.co.uk

Why You Should Not Vote For Ted Cruz In 2016

from WeAreChange:





Another Middle East War Breaks Out: Saudis Begin Bombing Yemen, US Military Taking Action

Update: *OBAMA AUTHORIZED LOGISTICAL AND INTELLIGENCE SUPPORT TO GULF, U.S. MILITARY TAKING MILITARY ACTION TO DEFEND SAUDI BORDER, TO DEFEND AGAINST HOUTHI VIOLENCE (so US weapons are being used on both sides)
John McCain - "This is as bizarre as it is misguided – another tragic case of leading from behind.
Earlier today we reported that, on very short notice, Saudi Arabia had moved heavy military equipment including artillery to areas near its border with Yemen, "raising the risk that the Middle East’s top oil power will be drawn into the worsening Yemeni conflict." In other words, Saudi Arabia was preparing for war. Moments ago all these warnings were borne out when Al-Arabiya reported that the latest middle-east war is now official after Saudi Arabia and Arab Gulf States had launched a bombing campaign against Yemen.




Saudi Arabia Imposes Naval Blockade On Red Sea Strait, Deploys 150,000 Troops As Iran Condemns Military Action

As noted earlier, the biggest significance of any Yemen conflict has little to do with its own domestic oil production, which at 133,000 bpd is negligible, but due to its location, which not only shares a border with Saudi Arabia, but more importantly due to the Bab el-Mandeb strait which connects the Red Sea with the Gulf of Aden: it is the fourth-biggest shipping chokepoint in the world by volume (3.8 million barrels a day of oil and petroleum products flowed through it in 2013) and is just 18 miles wide at its narrowest point. It’s located between Yemen, Djibouti, and Eritrea, and connects the Red Sea with the Gulf of Aden and the Arabian Sea. And since to Saudi Arabia preserving the logistics of oil supply is critical, it is hardly surprising that as Egypt's Ahram Gate reported earlier, the Saudi-led Firmness Storm coalition imposed a naval blockade on Bab El-Mandab strait earlier today. The Saudi navy's western fleet has also secured Yemen's main ports including Aden and Midi.



Middle East Proxy War: Presenting The Massive "Decisive Storm" Coalition

On one side of the latest proxy war in the Middle East are Yemen's Shiite Houthi rebel forces and their prominent backer, Iran. On the other side are the Suuni states led by Saudi Arabia and henceforth dubbed as the "Decisive Storm" coalition. Here they are.
 




Bonds & Crude Dump, The Dollar & Stocks Jump As Top Houthi Leaders Reportedly Killed

After overnight strength in oil (post-Yemen) and bonds and gold (and weakness in stocks), the last few minutes have seen some of this reverse as chatter crosses the wire of the death of top Houthi leadership in Yemen. Oil prices are tumbling, the dollar is surging, and bond yields are spiking. Stocks are starting to creep off the lows...





Initial Jobless Claims Drop Back Below Dreaded "300k" Level

After last week's initial jobless claims drop - which nevertheless held the 4-wk average above 300k - this week saw the number drop once more. Against expectations of 290k, claims printed 282k, leaving the 4-week average at 297k, conveniently below the 300k mark. This means that since the end of QE3, initial jobless claims are unchanged as the trend of improvement has clearly stalled.


 


Futures Tumble As Yemen War Starts; Oil, Gold Surges

In a somewhat surprising turn of events, this morning's futures reaction to last night's shocking start of a completely unexpected Yemen proxy war, which has seen an alliance of Gulf State launch an air, and soon land, war against Yemen's Houthi rebels, is what one would expect: down, and down big. This is surprising, because on previous occasions one would expect the NY Fed, or its pet hedge fund, Citadel, or the BOJ or ECB (via the CME's "Central Bank Incentive Program") to aggressively buy ES to prevent a slide, something has changed, and for the BTFDers, that something may be very fatal with the e-Mini rapidly approaching a 1-handle yet again. The offset to tumbling stocks, as previously observed, is oil, with WTI soaring over 6% in a delayed algo response to the Qatar headlines.
 




33 Strange Facts About America That Most Americans Would Be Shocked To Learn

Did you know that about one-fourth of the entire global prison population is in the United States?  Did you know that Apple has more money than the U.S. Treasury?  Did you know that if you have no debt and also have 10 dollars in your wallet that you are wealthier than 25 percent of all Americans?  Did you know that by the time an American child reaches the age of 18, that child will have seen approximately 40,000 murders on television?  There are some things that are great about the United States, and there are definitely some things that are not so great.  Once upon a time we were the most loved and most respected nation on the entire planet, but those days are long gone. 


Washington’s Latest Attempt to Torch the Peace Process

from The Wealth Watchman:
Seeking Whom They May Devour
There’s alot of wisdom in the old phrase, “Don’t go burning bridges!”, isn’t there?
Life, after all, is made richer and simpler by good, old-fashioned human interaction! Those who go about their lives, building bridges, and finding solutions and common ground, will be truly blessed. It’s not hard to see why, either.
Read More…

US Economy Heads Toward Zero Growth in Q1

from Wolf Street:
The consistency with which nearly every report on the US economy has deteriorated over the last few months is astonishing. Only the jobs report has been spared that sharp downdraft. So we blame the weather, which in parts of the US was truly atrocious, while in other parts, particularly in California, it was gorgeous.
Too gorgeous. This is supposed to be our rainy season, but every day the sun is out as we’re heading into our fourth year of drought. Yet the drought isn’t what keeps people from shopping or companies from ordering equipment. So out here, we’re baffled when the weather gets blamed.
Read More @ Wolfstreet.com

The Price Of Ground Beef Has DOUBLED Since The Last Financial Crisis

by Michael Snyder, The Economic Collapse Blog:
Since the depths of the last recession, the price of ground beef in the United States has doubled.  Has your paycheck doubled since then?  Even though the Federal Reserve insists that we are in a “low inflation” environment, the government’s own numbers show that the price of ground beef has been on an unprecedented run over the past six years.  In early 2009, the average price of a pound of ground beef was hovering near 2 dollars.  In February, it hit a brand new all-time record high of $4.238 per pound.  Even just 12 months ago, the price of ground beef was sitting at $3.555 per pound.  So we are talking about a huge increase.  And this hits American families where they really live.  Each year, the average American consumes approximately 270 pounds of meat.  The only nation in the world that eats more meat than we do is Luxembourg.  If the paychecks of American workers were going up fast enough to deal with this increase, it wouldn’t be that big of a deal.  But of course that is not happening.  In an article just last week, I showed that real median household income is a couple thousand dollars lower now than it was during the depths of the last recession.  The middle class is being squeezed, and we are rapidly getting to the point where burgers are going to be considered a “luxury” item.
Read More…

Advancing a Constructive Agenda for US-Russia Relations – Washington, D.C. Event

by Eric Dubin, The News Doctors:
Precious few Americans are aware that Western media is lying up a propaganda storm about Russia and Putin on par with some of the greatest and most pervasive propaganda efforts in history. But if you think the media is bad, academia is worse. Self-censorship and not wishing to challenge group think runs rampant, to the point where it really isn’t all that surprising that America’s foreign policy establishment remains largely clueless about the conflict in the Ukraine.
Today and tomorrow, an important US-Russia forum will be held in Washington, D.C. Events like this help break some of the ice in the academic community, and will hopefully move the insular, ignorant American establishment in the direction of a fact-based, reasoned assessment of genuine Russia security interests and the reality of American and NATO aggression towards Russia.
Read More @ Thenewsdoctors.com

Question Everything

from ZenGardner:
Young human beings need to trust and pay attention to their parents, just like young mammals do in the animal kingdom. Our lives can depend on doing that. But most of us are trained from a young age to trust not just our parents but also authority figures of all kinds and to believe what they tell us is true. That system works fine as long as the authority figures in our lives are benevolent and honest. But what happens if those authority figures become corrupt or degenerate into violent criminals? The answer is evident throughout our current society. That very trust that kept us safe as small children (assuming we had good parents) has now become the means of our destruction.
Read More @ ZenGardner.com

They Fear A Wide Awake Humanity

from TruthNeverTold:

Does Friday’s Close Pass of 1000′ Wide Asteroid Correlate w/ This Week’s Tsunami Preparedness Drills?

by Shepard Ambellas, Intellihub:
The California Broadcasters Association in conjunction with NOAA and Cal OES conducted a rather oddly timed tsunami drill Wednesday for coastal regions in Southern and Central California.
In fact the drill, which officials said in some cases didn’t even include the word “test”, confused residents, and came near the end of California Tsunami Preparedness Week just ahead of an approaching 1000 foot wide killer asteroid that’s set to graze earth on Friday at a a safe distance of 2,779,894 miles.
However despite the fact that NASA and other agencies have already reported the potentially hazardous asteroid will make a safe pass on Friday, by a little over 11 lunar distances, tsunami response drills were conducted this week in various regions around the globe including “Alaska, California, CNMI, Guam, Puerto Rico and the U.S. Virgin Islands”, according to Cal OAS and other sources, possibly relating directly with 2014-YB35′s coming pass on Friday.
Read More @ Intellihub.com


Obama Continues to be Humiliated by the Rising Anti-Dollar Alliance

from Sovereign Man:
Now it’s Austria, Switzerland, and Australia that have joined dozens of other countries around the world in the anti-dollar alliance.
These nations, which also include most US ‘allies’ in Western Europe like Germany, France and the UK, have all signed on to be founding members of China’s new Asia Infrastructure Investment Bank (AIIB).
The AIIB is the biggest disruption to the global monetary system since the end of World War II.
For decades, global finance has been completely dominated by the United States… and the US dollar.
This is the reason why a transaction for oil between Bangladesh and Brazil will close and settle in US dollars. It’s why a French aircraft manufacturer will sell its jets to European airlines… not in euros, but in US dollars. It’s why a contract for aluminium traded in London will clear in US dollars.
Read More @ SovereignMan.com

This Will Be Catastrophic And Have A Devastating Impact On America

from KingWorldNews:
Things have been getting very interesting on a number of fronts recently. Last week’s FOMC meeting, which I always take with a grain of salt, was fascinating because I think the Fed was finally forced to face economic reality and essentially acknowledge that their prior optimism on the U.S. economy was misplaced. I believe that things are materially worse than the Fed is admitting at this point.
Rate Hike Would Be Catastrophic
But the one obvious takeaway from the whole exercise last week is that the ongoing mantra of an imminent rate hike has been exposed to be more propaganda. With a fading economy, strong dollar, ballooning debt and recent overall weakness in the price of commodities, a rate hike would absolutely catastrophic.
John Embry continues @ KingWorldNews.com

So You Think The Military Won’t Kill U.S. Citizens?

from TheAlexJonesChannel:


Monsanto Asks World Health Organization to ‘Retract’ Cancer Link

by Anthony Gucciardi, Natural Society:
Just days after the World Health Organization’s International Agency for Research on Cancer released a report publicly declaring the well-known link between Monsanto’s Roundup herbicide and cancer, the GMO leviathan is already calling on the entire agency to issue a ‘retraction.’
Recently, Monsanto’s Roundup herbicide – the most widely used and best-selling herbicide in the U.S. and one of the world’s most popular weed-killers – has been labeled a probable carcinogen by the International Agency for Research on Cancer. Now Monsanto is fighting that assessment. As reported by The Lancet:
“In March, 2015, 17 experts from 11 countries met at the International Agency for Research on Cancer (IARC; Lyon, France) to assess the carcinogenicity of the organophosphate pesticides tetrachlorvinphos, parathion, malathion, diazinon, and glyphosate (table). These assessments will be published as volume 112 of the IARC Monographs.”
Read More @ NaturalSociety.com

Gerald Celente – This Is Going To Radically Change The World

from KingWorldNews:
On a day where stocks are dipping, today the top trends forecaster in the world spoke with King World News about a developing situation that is going to radically change the world in which we live.
Gerald Celente: “Look at what’s happening with the Asian Investment Bank. Of course when the United Kingdom said they were going to join it, there was a lot of pressure from the United States for them not to join it and yet they did anyway. There are now 35 initial members and it’s ready to launch.
So it will be official by next Tuesday, March 31st. This Asian Investment Bank is going to be a competitor to the IMF and the World Bank. Again, the United States has been putting pressure on its allies not to join but one by one they are joining anyway.”
Gerald Celente continues @ KingWorldNews.com

Cornell University: ISIS terrorist training coaches welcomed on campus as long as they are vaccinated

by Mike Adams, Natural News:
Cornell University welcomes ISIS terrorists to come to its campus and conduct terror “training camps” for students, admits the university’s assistant dean Joseph Scaffido in an undercover sting video filmed by Project Veritas. But the university absolutely does not allow unvaccinated students to be present on campus, according to its public health requirements web page.
At Cornell University, in other words, terrorists are welcomed, but only if they are fully vaccinated first. Meanwhile, healthy, unvaccinated children are banned from the campus because they might pose a “danger” to public health, we’re told.
Cornell University’s “tolerance” policies extend to terrorist groups that target innocent civilians for mass death campaigns using explosive devices, but they do not extend to healthy children of parents who choose to avoid exposing their children to the toxic substances still used in vaccines in America: Mercury, aluminum, MSG, formaldehyde, human fetal tissue and superbug-producing antibiotics.
Read More @ NaturalNews.com


Facebook Reveals its Master Plan – Control All News Flow

by Michael Krieger, Liberty Blitzkrieg:
In recent months, Facebook has been quietly holding talks with at least half a dozen media companies about hosting their content inside Facebook rather than making users tap a link to go to an external site.
The new proposal by Facebook carries another risk for publishers: the loss of valuable consumer data. When readers click on an article, an array of tracking tools allow the host site to collect valuable information on who they are, how often they visit and what else they have done on the web.
And if Facebook pushes beyond the experimental stage and makes content hosted on the site commonplace, those who do not participate in the program could lose substantial traffic — a factor that has played into the thinking of some publishers. Their articles might load more slowly than their competitors’, and over time readers might avoid those sites.
Read More @ Libertyblitzkrieg.com


Clinton Foundation’s Link to Ukrainian Oligarch Revealed

from AMTV:



Do Russia/NATO Military Drills Signal Something Ominous?

by Brandon Turbeville, Activist Post:
While most individuals assume that both historical and future events arise as a result of a series of massive and seismic actions, the truth is often that a whimper precedes the bang. While many events are indeed sparked by a single definitive act, it is also true that, in the events leading up to the defining moment, rarely does the general public realize that they are walking along the path to such an event. Even rarer is the individual who realizes that this path was already carved out by high-level players in the halls of banks, corporations, governments, and secret societies long before the destination is ever reached.
For instance, most scholars present the events leading up to World War I as an immediate reaction to the assassination of Franz Ferdinand by a shadowy semi-secret society that was not fundamentally connected to any other secret establishment. The truth, however, is that not only was the Black Hand a part of a Revolutionary Freemasonic structure and the war itself a carefully orchestrated plot that involved the personal attention and assembly of King Edward VII as well as British and French Freemasonic Lodges, but it was not solely a reaction to the assassination of Ferdinand.
Read More @ ActivistPost.com

US Border Patrol Agents Burn Man Alive, While US Gov’t Burns Constitution & Bill of Rights

…There was a time in America, not too many decades ago, when cops were known as “peace officers”. When Border Patrol agents were busy protecting our BORDERS instead of harassing, assaulting and executing American citizens. How did we get here?
by Semper Fidelis, The Phaser.com:
WARNING: The video below is deeply disturbing. Please do NOT watch it if you are not prepared to see the execution of an American citizen at the hands of US Border Patrol agents.
I was made aware of this horrific video today by Paul Joseph Watson who tweeted, “another wonderful advertisement for the US Border Patrol.” Unfortunately, for the young man who was MURDERED by the US Border Patrol in March of 2012 on Interstate 8 in Pine Valley, California, that’s the understatement of the century.
According to NBC SanDiego.com:
A plainclothes agent is seen using a flashlight to break the passenger side window. He then raises up his Taser and shoots inside. Immediately, an explosion rocks the car, throwing the agent against the hillside behind him.
The passenger inside, a US citizen, was a lost, exhausted young man named Alex Martin who, according to his family’s attorney, was driving for 22 hours on his way back home from Texas when he got lost in Pine Valley, California. Court documents indicate that Border Patrol agents tried to pull him over for driving the wrong way on Interstate 8.
Read More @ ThePhaser.com

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