US Futures Rise With All Eyes On Kuroda As Global Stocks Tread Water

Following yesterday's Fed decision and ahead of tonight's far more important BOJ announcement, European stocks have posted modest declines, Asian shares rise toward 9-month highs, while U.S. equity index futures are fractionally in the green in the aftermath of Facebook's blowout earnings. The dollar has extended on losses after Yellen reiterated a gradual approach to raising interest rates, and was down 0.5% in early trading.

IRS Launches Investigation Of Clinton Foundation

Lawmakers charged the Clinton Foundation is a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated.”

Germany Admits "Islamist Terror Has Arrived" As It Prepares To Deploy Army In "Crisis" Situations

Officials in Germany are considering deploying the army inside the country in the wake of multiple attacks, while the governor of Bavaria says Islamic terror has already arrived. "Each attack, each act of terrorism, is one too many. Islamist terrorism has arrived in Germany,” Horst Seehofer, the governor of the German state of Bavaria, told reporters on Tuesday. The official gave a joint news conference with Bavaria’s interior minister, Joachim Hermann, following a summit of the local government, where security issues dominated the agenda."

 

Trump And The End Of NATO?

Trump does not seem to understand how deeply important NATO or US militarism elsewhere around the globe are to American hegemony under its corporate capitalist system. If and when he does actually try to implement his policy, he will encounter formidable forces that he probably isn’t aware of yet. The last American president who tried to rein in the corporate power of US militarism was John F Kennedy. He was assassinated on November 22, 1963, in broad daylight

"Short Everything That Guy Has Touched" - San Fran's Lending Standards Put The Last Housing Bubble To Shame

The $0 down, 30-year, adjustable-rate, jumbo mortgage backed by illiquid stock options in tech start-ups, a loan which the San Francisco Federal Credit Union has coined POPPY (Proud Ownership Purchase Program for You), because "Steaming Pile of $h!t" just didn't seem appropriate and messaging really is everything when you're trying to dump loans overseas, has made a huge come back in Silicon Valley.  We know what you're thinking but it's probably fine.

The Law Of The Jungle Is Far Superior To The Ideology Of Globalism

While the law of the jungle is not easy or carefree or eternally "safe", I think there are many virtues to a “natural”, unfettered and decentralized way of life far above the mindless homogenization and collectivism of the globalist ideal. Here are just a few examples on why humanity would be much better off living wild and free rather than living an inhibited and micromanaged existence under a global authority.

Richard Koo: If Helicopter Money Succeeds, It Will Lead To 1,500% Inflation

"if businesses and households were to resume borrowing in earnest, the US money supply could balloon to 15 times its current size, sending inflation as high as 1,500%. The corresponding ratios are 28 times for Japan and Switzerland, five times for the eurozone, and 11 times for the UK. Once private-sector demand for loans recovers in these countries, confidence in the dollar, euro, and yen will plummet."

Democrats Question "Loyalty To US" Of "Treasonous, Traitor" Trump

In a full court propaganda press, enabling by a liberal media that can read polling data as well as anyone else, the 'wild conspiracy theory' that Donald Trump coordinated with Putin to hack and expose DNC emails (that prove the level of rigging and collusion that is too much to bear for many democracy-seeking citizens) has now become confirmed fact... entirely lacking any actual facts. In a desperate bid to regain the narrative, as any convention bounce is erased for Hillary Clinton, her surrogates, as The Hill reports, have now stepped it up, calling Trump "treasonous" and a "traitor," questioning "his loyalty to America."

Insanity In Japan

Of all the developed countries, Japan is in the worst condition economically. Most others, including the United States, are following the same path to insanity though. Unlike Japan, other countries may have time to implement policy changes that will allow them to avoid Japan’s desperate circumstances.

Trump: "I Hope Russia Has All 33,000 Emails That Hillary Deleted"

In yet another statement that is certain to spark outrage among Democrats, moments ago Donald Trump said he hopes that Russian hackers accused of breaching the DNC have obtained the tens of thousands of emails that Hillary Clinton deleted from her private email server.  "If they hacked, they probably have her 33,000 emails. I hope they do," Trump told reporters on Wednesday at a press conference at his Miami-area hotel.

Doug Casey On President Hillary Clinton, World War III, & The Deep State

"The Democrats can be viewed as the evil party and the Republicans as the stupid party. But they’re really just two sides of the same coin, at least when it comes to their leadership - they’re all Deep State members. The Libertarians once had a claim to being the party of principle, back in the days when people like John Hospers, Harry Browne and Ron Paul were their candidates. But now, the Libertarians can be viewed, at best, as the smart wing of the stupid party. It’s a sad testimony to the nature of politics..."

"Ask Donald Trump Anything": Reddit Begins AMA Session With Presidential Candidate

While the Democratic Convention is warming up ahead of tonight's headline speakers, including Tim Kaine, Joe Biden and president Obama, Donald Trump is set to host an “Ask Me Anything” question-and-answer session on a Reddit board run by and for his supporters. The “Ask Me Anything,” or AMA, will be held Wednesday evening, starting at 7:00pm.

Why A "Dollar" Should Only Be A Name For A Unit Of Gold

"A general acceptance of the principles of the flexible standard must therefore result in a race between the nations to outbid one another. At the end of this competition is the complete destruction of all nations’ monetary systems."