Who on Wall Street is Now Eating the Oil & Gas Losses? Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter Banks, when reporting earnings, are saying a few choice things about their oil-and-gas loans, which boil down to this: it’s bloody out there in the oil patch, but we made our money and rolled off the risks to others who’re …
October 2015 archive
Oct 20
Today’s News October 20, 2015
Peter Schiff’s Father Dies In Prison, Shackled To A Hospital Bed Submitted by Mike Krieger via Liberty Blitzkrieg blog, Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes. Irwin was …
Oct 19
Today’s News October 19, 2015
"Good News" – China GDP Beats Expectation Leaving Fed 'Relieved', Stocks Disappointed AsiaPac stocks were generally lower heading into the all-important Chinese macro data (S&P -6pts, Japan -0.7%, China -0.2%) as JPY erased Friday's ramp and crude dropped back below $47. The PBOC left the Onshore Yuan fix practically unchanged (following Friday's significant devaluation). Then …
Oct 18
Today’s News October 18, 2015
The Fall Of The Unipower: Russia Is Defeating More Than ISIS In Syria Submitted by Paul Craig Roberts, The distinguished and knowledgeable international commentator William Engdahl, in a superb statement, has expressed the view I gave you that Russian President Vladimir Putin’s speech on September 28 at the 70th anniversary of the United Nations changed …
Oct 17
Today’s News October 17, 2015
Guest Post: The False East/West Paradigm And The End Of Freedom Submitted by Brandon Smith via Alt-Market.com, People are desperate for leaders and heroes. This is an undeniable condition of human life and of human civilization. Some historians and social observers, however, seem to think it is enough to simply point out this condition and …
Oct 16
Today’s News October 16, 2015
How Do You Prepare A Child For Life In The American Police State? Submitted by John Whitehead via The Rutherford Institute, “Fear isn’t so difficult to understand. After all, weren’t we all frightened as children? Nothing has changed since Little Red Riding Hood faced the big bad wolf. What frightens us today is exactly the …
Oct 15
Today’s News October 15, 2015
Government Corruption Tops List of Americans’ Fears Time reports: Corruption of government officials is currently Americans’ number one fear, according to a recent survey by researchers at Chapman University. The researchers asked a random sample of 1,541 adults to rate the level of fear for 88 different fear options across a variety of domains …
Oct 14
Today’s News October 14, 2015
Democratic Debate Post Mortem (In 1 Poignant Image) Sanders by a landslide… In the Polls.. Drudge… CNN… In Searches… .@BernieSanders leads @HillaryClinton in @google search interest since the start of the #DemDebate pic.twitter.com/VmJzL3eNwK — Google Politics (@googlepolitics) October 14, 2015 And On Twitter… Who’s gained the most Twitter followers since #DemDebate started: · …
Oct 13
Today’s News October 13, 2015
The Rise of the Sharing Economy Everyday I hear new stories of friends and family offering rides through Uber, renting out rooms in their home on AirBnB, Uber or selling product on Framestr. while it’s a fairly new way of making money, it’s here to stay. There are obvious changes in consumer practices and an …
Oct 12
Today’s News October 12, 2015
America Has REPEATEDLY Committed War Crimes By Bombing Civilians The U.S. criticized Russia for killing civilians in Syria. But just last week, the U.S. intentionally bombed one of the only hospitals in Northeastern Afghanistan (run by Nobel prize-winner Doctors Without Borders), killing hundreds. This occurred 3 months after U.S.-backed Afghani special forces raided and threatened …