Hillarinochio 2.0 - More Clinton Lies Exposed As Hidden Petraeus Emails Come To Light

Another day, another "what difference does it make" lie exposed for the mainstream media to ignore and excuse as simple witch-huntery. However, this 'lie' is unarguable and proves once again that Hillarinochio seems to believe she is above the law.  The Obama administration has discovered a chain of emails (exchanged with retired Gen. David Petraeus when he headed the military’s U.S. Central Command, responsible for running the wars in Iraq and Afghanistan) that Clinton failed to turn over when she provided what she said was the full record of work-related correspondence as secretary of state, officials told The Associated Press on Friday. Is it any wonder her support has been plunging recently?

Three Strategies To Make Your Life Easier As Times Get Harder

No risk, no gain. But risk can deliver staggering, crushing losses if it isn't limited or hedged. Times are going to get harder going forward, for all the reasons that are already visible in today's headlines. So what can we do to make our own lives easier as times get tougher? Here are three suggested strategies...

Japan's Abe Unveils New 'Arrows' Wish List: 20% GDP Growth, Higher Birth Rate, & Flying Pig

Having completed his militarist plans, Japanese Prime Minister Shinzo Abe appears to have gone full fantasy-tard with his latest "plans" for the demographically-dead and debt-destroyed nation. "Creating a strong economy will continue to be my top priority," Abe said, a goal he has stunningly under-achieved as Japan heads for its 5th recession in 4 years, but, as Bloomberg reports, it is his new "arrows" of economic hope that has left analysts scratching their heads - 20% economic growth (when its gone nowhere for years), a higher birth rate (as the aging of the nation accelerates and interest in sex plunges), and allegedly a goose that lays golden eggs (well why not?). The collapse of Abe's approval says it all about his 'plan'.

Fed Refuses To Comment On Yellen's Health

There was a very troubling 100 second interval at the end of Yellen's 50 minute, 5,000+ word speech in Amhert on Thursday, in which the 69-year old Yellen suddenly seemed unable to read the words on the page, was rereading the same phrase over and over, paused for long stretches at a time, and then had a violent reaction that forced her to end her speech prematurely. Watch it again below. But more disturbing was the Fed's reaction. As the WSJ reports, a Federal Reserve spokeswoman declined Friday to say if Chairwoman Janet Yellen resumed a normal work schedule or sought follow-up medical attention a day after she appeared ill near the end of a long speech in Amherst, Mass. Ms. Yellen returned to Washington on Friday.

California Lake Mysteriously Runs Dry Overnight, Thousands Of Fish Dead

Perhaps it is because the world has grown habituated to its unique set of "liquidity" problems, but California's record, and ongoing, drought has not been receiving much media coverage in the rest of the country in recent weeks. Perhaps it should be, because according to a report by CBS Sacramento, the Mountain Meadows reservoir also known as Walker Lake, a popular fishing hole just west of Susanville, ran dry literally overnight, killing thousands of fish and leaving residents looking for answers.

 

The Table Is Set For The Next Financial Crisis

Some people will never learn... ever. What is happening today is nothing more than rearranging the deck chairs on the Titanic. The iceberg has been struck, we’re taking on water, and this sucker is going to sink. Game Over.

Guest Post: Climate Fanatics Run Into Public Relations Snag

The caste of climate alarmists reminds us strongly of assorted doomsayers throughout history. They have almost become a kind of priestly caste, accusing us of committing the alleged “sin” of capitalism, even while they reserve for themselves the right to partake of its fruits to an extent few others are able to (as Greenpeace founder Patrick Moore notes, “environmentalism has become a religion”). Mind, we don’t believe genuine environmental concerns should be ignored, but AGW looks more and more like a contrived non-issue. The hysteria that has been on display of late is probably an indication though that its proponents are actually losing the debate.

From ZIRP To NIRP - Accelerating The End Of Fiat Currencies

In considering NIRP, Central bankers are failing to address an even greater potential problem, which could easily become cataclysmic. By forcing people into paying to maintain cash and bank deposits, central bankers are playing fast-and-loose with the public’s patient acceptance that state-issued money actually has any value at all. There is a tension between this cavalier macroeconomic attitude and what amounts to a prospective tax on personal liquidity. Furthermore, NIRP makes the hidden tax of monetary inflation, of which the public is generally unaware, suddenly very visible. We should be in no doubt that increasing public awareness of the true cost to ordinary people of monetary policies, by way of the debate that would be created by the introduction of NIRP, could have very dangerous consequences for the currency.

Shorting The Federal Reserve

Holding gold is simply recognition that the Fed’s actions over the last 30 years have potentially severe consequences that pose threats to the value of most financial assets, the almighty dollar and ultimately your clients’ purchasing power. Owning gold is in effect not only a short on the dollar and on the credibility of the Federal Reserve, but most importantly a one of a kind asset that protects wealth.

Who Calls The Shots In China

As documented here and elsewhere, in addition to the Pope and Putin, the third world leader US president Obama is "historically" meeting this week is China's President, and General Secretary of the Chinese Communist party, Xi Jinping. But just like everywhere else, the president is mostly a figurehead for far greater political and primarily financial interests backing him. So who calls the shots in China? The following infographc lays out the key power divisions of political, economic and financial power in China at this moment.

"Everyone's Praying But No One's Believing" - The 'Fed Put' Is Dead

Yellen’s detailed speech initially triggered an out-sized market reaction.  Unfortunately, it was mainly due to shallow market depth and weak-hand positions. Yellen’s speech should quickly begin to hurt over-priced financial assets. Yellen’s speech was the first time I can ever remember a Federal Reserve Chairperson commenting that inappropriate risk-taking might be undermining financial stability.  This is explicit confirmation that the Fed’s aim of lifting asset prices in the hopes they bolster broader economic activity has reached the end of its useful life.  Barring a financial or economic disaster, the ‘Fed put’ has been put out to pasture.