2 Killed, Up To 17 Injured In Fort Myers, Florida Nightclub Shooting

One month after the tragic Oralando shooting, which has since been swept away by a series of increasingly more escalating, disturbing and deadly mass shooting assaults in Europe, moments ago newswires reported that at least two people were killed and "at least 14-16" wounded during in a shooting at a Florida nightclub, police said early Monday. The incident happened during a "teen night" in the parking lot of Club Blu in Fort Myers at around 12:30 a.m. ET.

Democrats In Turmoil: DNC Chair Wasserman Schultz Resigns After Wikileaks Revelations

The Democratic party was in turmoil on Sunday afternoon, when just hours ahead of the Democratic National Convention which begins on Monday on Philadelphia, the chair of the Party - DNC Chairwoman Debbie Wasserman Schultz - resigned amid a furor over the humiliating Wikileaks email release, hoping to head off a growing rebellion by Bernie Sanders. And in a stunning move, moments later Hillary announced that Wasserman Schultz would serve as an honorary chair on Clinton's campaign.

Uncontrolled Refugeeism Will Be The Undoing Of Now-Ruling Political Class

Donald Trump, Marine Le Pen, Viktor Orban, Nigel Farage and myriad other populist, right-wing leaders sprouting over much of the Western World, are being tagged by the political ruling class as an ill-conceived, hate-fest phenomenon; and often portrayed as the mutant offspring of fascism. This mischaracterization could end up being the undoing of the now-ruling political class, not just in some European nations but also in the US.

"Politically Correct" German MP Demands Probe Over Police Shooting Of Axe-Wielding Jihadist

After the blood-filled train - an eyewitness said it "looked like a slaughterhouse" - came to a stop, the teenager jumped off and tried to escape. Surrounded by police, he lunged at them with an axe. Police shot the attacker dead because "there was no other option." Green Party MP Renate Künast criticized the police for using lethal force, tweeting: "Why could the attacker not have been incapacitated without killing him???? Questions!" Künast's comments provoked a furious backlash.

China Bans Websites From Original Reporting

According to The Paper, major internet portals in China including Sina, Sohu, Netease and Ifeng.com have shut down some of their original reporting operations after receiving “harsh criticism” from country’s top industry regulator. As Bloomberg adds, the Cyberspace Administration of China has cited portals for violating China’s internet regulations by carrying plenty of news content obtained through original reporting.

With Kuroda Under Pressure To Increase Stimulus Again, Dissenters Appear

With the yen strengthening ~12% against the US dollar and the Nikkei down ~10% YTD, it seems Haruhiko “Peter Pan” Kuroda is having a difficult time working his magic in favor of Abenomics. As the WSJ reports, Kuroda is under increasing pressure from the Prime Minister’s advisers to coordinate efforts to jumpstart the economy. Earlier this month, we first reported of the secretive meeting between Kuroda and Bernanke, where the former Fed Chairman urged Japan to unleash helicopter money.

"It's Not Panicking If You're First" - China Devaluation Is Closer Than Anyone Thinks

People are assuming there’s only one way to fight a war today of global proportions. We're not in that camp. We believe it will come monetarily – not military. At least at first. For once it takes place all bets are off as to what happens next. The obvious first mover advantage for China (and all its current allies) would be to use the rhetoric coming out of the current U.S. political arena, along with current, as well as proposed monetary policies via the Fed, ECB, and Japan.

Anti-US Sabotage Suspected After Massive Fire Breaks Out Near NATO Headquarters In Turkey

A massive fire erupted near a NATO base in the Buca district, near Izmir, Turkey. The fire broke out on Sunday evening in western Turkey. The fire blew through the grassy wooded area and is now perilously near NATO’s military base pushed forward by strong winds.  In odd twist, local authorities are investigating the fire as a possible act of anti-American sabotage. The fire erupted shortly after Erdogan's leading Islamist paper headline officially targeted a US commander as coup leader adding his name & picture

"Champagne Supernova" - IceCap Asks What Happens When The Bond Bubble Finally Pops

Most investors today have no idea what is happening in the bond market today and have exposed themselves to incredible amounts of risk. Because a global crisis in the government bond market has never occurred in our lifetime – advisors, financial planners and big banks continue the tradition of telling their clients that bonds are safer than stocks. As a result, investors remain heavily invested in the bond market and are therefore smack dab in the middle of the riskiest investment they’ll ever see.

Celebrating 45 Years Of Phony Money

In the pre-1971 economy, it was Main Street that produced wealth and accumulated real dollars. After 1971, it was Wall Street that controlled access to the new counterfeit money – and made sure it captured much of it. The new system gave the feds the “flexibility” they were looking for. But it completely changed the nature of our money and our economy.

 

Democrats Accuse Russia Of Hacking DNC Server To Help Donald Trump

"What is disturbing to us is that experts are telling us that Russians broke into the DNC, stole these emails and other experts are now saying that the Russians are now releasing these emails for the purpose of actually helping Donald Trump. I don't think it's coincidental that these emails were released on the eve of our convention here and that's disturbing."