Archive - Aug 10, 2014

According to the recent AAII Asset Allocation Survey by retail investors, cash levels in July dropped to the lowest level since 1999 at only 15.8%. It appears that the average retail investor has once again been led astray by monetary pumping.

One can only hope the US military doesn't confuse kinetic strikes on the same Iraqi Jihadists it provides weapons and training to in Syria as seen in the clip below... with what it claims is a humanitarian air drop, as seen in the clip below.

While the biggest geopolitical news of the past week was Obama's announcement he would become only the fourth president in a row to order military action in Iraq, explicitly targeting the ISIS jihadists, the far bigger question are the developments that spurred the administration to finally act. Here are, courtesy of Vice News, the first two parts of a series looking at life in the Islamic State caliphate. Vice News reporter Medyan Dairieh spent three weeks embedded with the Islamic State, gaining access to the group in Iraq and Syria as the first and only journalist to document its inner workings.

It has not been a good summer for airplane travel, and following the latest news out of Iran, where earlier today an Iran-140 Sepahan Air passenger plane bound for Tabas in northeast Iran with 48 passengers and crew on board crashed on a road near Tehran’s Mehrabad airport on Sunday, killing at least 38 people, things just got even worse.

With increasingly more cases - for now, largely isolated - of suspicious Ebola infections reported out of Africa and around the globe, it was only a matter of time before one of the world's most densely populated megapolises at 17,024 people per square mile, Hong Kong, raised the alarm as well. Which it did moments ago when Hong Kong's Centre for Health Protection said on Sunday that a man from Nigeria is being tested for the deadly Ebola virus at Princess Margaret Hospital. If confirmed, it will be the first case of the disease in Asia.

Dictators free themselves, but they enslave the people.--Charlie Chaplin