Author's posts
Jun 04
Today’s News June 4, 2015
China Is Crashing (Again) It appears – as opposed to what the world’s asset-gathering commission-takers would have one believe – that huge illiquid spikes in bond markets are not good for stocks. As the bond carnage continues to careen throughout Asia, Chinese stock investors appear to have decided enough is enough at doubling their money …
Jun 03
Rule By The Corporations — Paul Craig Roberts
Paul Craig Roberts The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages. The first …
Jun 03
Today’s News June 3, 2015
Chinese Stocks Stumble As Hanergy Debt Debacle Looms Over All The 500%-Club If one sentence sums up the farce that the hyper-speculative ponzifest that is the 500% club in China it is "Hanergy Group was basically using the listed company as a means to produce collateral in the form of shares that it could then …
Jun 02
Today’s News June 2, 2015
Kyle Bass Was Right: Texas To Create Own Bullion Depository, Repatriate $1 Billion Of Gold Most investors have heard Kyle Bass' rather eloquent phrase, "buying gold is just buying a put against the idiocy of the political cycle. It's that simple." However, what few may remember was his warnings in 2011, suggesting the University of …
Jun 01
Today’s News June 1, 2015
Chinese Stocks Are Surging On Weak Macro Data BTFD-iness Having dropped over 10% in the previous 2 days, what better way to get the speculative frenzy of Chinese housewives levered up and buying stocks again than terrible macro data. With China HSBC Manufacturing PMI printing 49.2 (the 3rd monthly contraction in a row) and China's …
May 31
The TPP, Monsanto, Rockefeller, Trilateral Commission, Brzezinski
Jon Rappaport There are dots to connect here. They’re real, and they’re spectacular. Let me begin with a brief exchange from a 1978 interview, conducted by reporter Jeremiah Novak. He was speaking with two American members of the Trilateral Commission (TC), a group founded in 1973 by David Rockefeller and his intellectual flunkey, Zbigniew Brzezinski. …
May 31
Today’s News May 31, 2015
DoPe This Is How Little It Cost Goldman To Bribe America's Senators To Fast Track Obama's TPP Bill It took just a few days after the stunning defeat of Obama’s attempt to fast-track the Trans Pacific Partnership bill in the Senate at the hands of his own Democratic party, before everything returned back to normal …
May 30
Today’s News May 30, 2015
10 Things We Had To Unlearn That Our Children Won't Submitted by The Dissident Dad, via Mike Krieger's Liberty Blitzkrieg blog, This list could grow to 1,000 ideas, but I’ve kept it down to ten. In the future, I might update it and add some more. There are a lot of bad ideas that dominate the world we …
May 29
Today’s News May 29, 2015
Japan Issues Highest Alert, Evacuation Warnings After Volcano "Explosively" Erupts – No Injuries Reported First, earthquakes; then tsunamis; then household spending collapses for the 13th month in a row… and now Japan is dealing with a volcano. NHK reports that Kuchinoerabu-jima, a volcano on Kuchinerabu Islands (off the southern-most tip of Japan) has erupted "explosively." …
May 28
“The Greek Endgame Is Here”: Probability Of IMF Default Now 70%, Says Deutsche Bank
As the farcical negotiations between Greece and its creditors unfold ahead of a June 5 IMF payment and as Alexis Tsipras is forced to spread false hope just to avoid a terminal bank run, a picture of the Greek endgame has emerged. On the political front, the troika is intent on sending a strong message …
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