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Least Transparent Ever: IRS Used "Wholly Separate" Message System To Hide Communications

Lerner then asks whether OCS is automatically archived. When informed it was not, Lerner responded “Perfect.”



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This Is The 714 Sq. Foot Hovel In LA That Can Be Yours For Just $1.1 Million

This is full on mania and with inventory building up, people are starting to crunch the numbers more carefully.  I’m curious, how does someone justify a 144% increase on this place?  As we all know, real estate is essentially a game of musical chairs, especially in boom and bust California.  Someone is trying to cash in on a lottery ticket here for Venice.



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Does This Look Like An Accidental Relationship To You?

Monetary policy divergence manifests itself first in currencies, because currencies aren’t an asset class at all, but a political construction that represents and symbolizes monetary policy. Then the divergence manifests itself in those asset classes, like commodities, that have no internal dynamics or cash flows and are thus only slightly removed in their construction and meaning from however they’re priced in this currency or that. From there the divergence spreads like a cancer (or like a cure for cancer, depending on your perspective) into commodity-sensitive real-world companies and national economies. Eventually – and this is the Big Point – the divergence spreads into everything, everywhere.



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Now It's Personal: Koch Brothers "Freeze Out" Donald Trump

With everyone asking 'what can derail this?', perhaps, there is something. As Politico reports, the massively influential Koch brothers are freezing out Donald Trump from their influential political operation - denying him access to their state-of-the-art data and refusing to let him speak to their gatherings of grass-roots activists or major donors.



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"Why Commodities Defaults Could Spread", UBS Explains

"In the wake of the commodity price swoon one of the recurring questions is will the stress in commodity markets spillover to other sectors?," UBS asks. Spoiler alert: the answer is "yes."



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Shorting The Buyback Contradiction

“To arrive at a contradiction is to confess an error in one’s thinking; to maintain a contradiction is to abdicate one’s mind and to evict oneself from the realm of reality  ?  Ayn Rand



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"Moscow Must Burn": Ukraine's "Christian Taliban" Pledges Anti-Russian "Crusade"

"I would like Ukraine to lead the crusades. Our mission is not only to kick out the occupiers, but also revenge. Moscow must burn."



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LinkedIn Pumps'n'Dumps As Revenue Growth Rate Continues To Slow

Despite early exuberance at beating top and bottom lines (and users), it appears those looking for hyper-growth opportunities are selling into the machines. An initial 12% spike in the stock after hours has been completely destroyed into the red as investors realize growth rates continue to tumble, capex is rising, and organic growth is slow.



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Brazil's Economy Slides Into Depression, And Now Olympians Will Be Swimming In Feces

Athletes in next year's Summer Olympics here will be swimming and boating in waters so contaminated with human feces that they risk becoming violently ill and unable to compete in the games. An AP analysis of water quality revealed dangerously high levels of viruses and bacteria from human sewage in Olympic and Paralympic venues — results that alarmed international experts and dismayed competitors training in Rio, some of whom have already fallen ill with fevers, vomiting and diarrhea.



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From Hill-ary To Mountain-ary - How UBS Sent Millions To The Clintons After Saving The Bank In 2009

How many more blind eyes can the press (or "we, the people") turn?



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The Real Story Behind Turkey's US-Backed "War On Terror"

To let the media tell it, recent "attacks" - including a suicide bombing that killed 32 people earlier this month - have prompted Turkey to officially join the fight against ISIS. In reality, Ankara's motivations can be explained not by a desire to rid the world of "terrorists", but by considerations of political expediency and by an autocrat's insatiable thirst for power.



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7 'Saves' In 7 Months: A Market Going Nowhere Fast

Can markets be saved an eighth time, a ninth time, a tenth time this year? How about next year?



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Caught On Tape: Angry Mexican Crowd Attacks Uber Drivers

While everyone knows "you don't mess with Texas," it appears technologists worldwide just learned another truism, "you don't disrupt in Mexico." As the following disturbing clip shows, as WFLA reports, an angry crowd attacked Uber drivers and their vehicles with clubs and stones Tuesday outside the Mexico City airport.



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Trade Like A Market Wizard - An Interview With Mark Andrew Ritchie

"...risk management is not another component... it is THE component of trading! Everyone goes broke because their trading size is wrong... Any fool can take a profit. It takes a lot of character, discipline and commitment to take losses and continue going – and that is the only way one can succeed. The lasting trader will always reduce trading size in order to continue trading and come back."



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