• EconMatters
    11/30/2015 - 16:21
    The ISIS group sells most of its crude directly to independent traders at the wellhead for $20-$45 a barrel earning the group an average of $1.5 million a day.

ABC News

Tyler Durden's picture

One Heretical, And Not-So-Simple, View On The Greek Referendum

... Greeks should be united in their fight for the rule of law and against the cleptocracy, and not divided over a referendum on an absurd question. That division, however, serves the cleptocrats well—they can go about their usual ways unnoticed. Whoever said “divide and rule” knew what they were talking about.

Tyler Durden's picture

Hillary Clinton's Poll Numbers Plunge To The Worst Since 2001

A national poll from CNN/ORC Tuesday morning found Clinton with her highest unfavorable rating in 14 years: Just 46% of those surveyed viewed her favorably, compared with 50% who viewed her unfavorably. (The last time her negatives were this high was in March 2001, when 53% of those surveyed viewed her unfavorably.) On whether Clinton “is honest and trustworthy,” CNN found just 42% of people say she is; 57% say she is not.

Tyler Durden's picture

TSA Agents Failed To Catch 95% Of Mock Bombs And Weapons

The reason why "investing" in the economy in the form of government spending always, without fail, leads to adverse results and negative returns, is because unlike the private sector, there are neither checks and balances, nor punishment if one fails at their job. Case in point, the much maligned Transportation Security Administration, aka the TSA, best known for groping women and infants at airport checkpoints is about to be even more maligned because according to an exclusive report from ABC, TSA screeners failed ailed to detect mock explosives and weapons in 95% of tests carried out by undercover agents.

Tyler Durden's picture

Chuck Norris Warns Washington On Jade Helm: "Don't Mess With Texas"

Even as some Republicans — including former Texas Governor and one-time Presidential hopeful Rick Perry — insist that a (re)annexation of Texas isn't in the cards, some observers including 'Texas Ranger' Chuck Norris aren't buying it and insist that at the end of the day, it all comes down to one thing: no one, not even Washington, messes with Texas.

Tyler Durden's picture

Former NATO Commander, Presidential Candidate Makes Millions Pushing Penny Stocks

Gen. Wesley Clark has been a busy man since retiring from public service with a plan to make $40 million. In addition to chairing notorious investment bank Rodman & Renshaw, the former NATO allied commander and one-time Presidential hopeful has thrown his face and fame behind a plethora of OTC-listed companies, Bloomberg reports. From grilled cheese sandwich trucks to hydroponic lettuce companies run by the real-life Bud Fox, Clark's name has become so synonymous with doomed penny stocks that one fund manager calls his very appearance on a company board "a red flag."

Tyler Durden's picture

Amtrak Train Conductor Has "No Recollection, Explanation" For Deadly Derailment

A lawyer for the conductor of Amtrak Regional 188 which derailed earlier this week killing 7 and injuring hundreds says his client has no recollection of the event and no explanation for what happened. Meanwhile, politicians rush to blame infrastructure spending.

Tyler Durden's picture

Australia To Start Taxing Bank Deposits

Up until now, the world's descent into the NIRPy twilight of fiat currency was a function of failing monetary policy around the globe as central bank after desperate central bank implemented negative and even more negative (in the case of Denmark some four times rapid succession) rates, hoping to make saving so prohibitive consumers would have no choice but to spend the fruits of their labor, or better yet, take out massive loans which they would never be able to repay. However, nobody said it was only central banks who could be the executioners of the world's saver class: governments are perfectly capable too.  Such as Australia's.  According to Australia's ABC News, the "Federal Government looks set to introduce a tax on bank deposits in the May budget."

Tyler Durden's picture

A Secret "Black Site" Revealed In Chicago: "When You Go In, You Just Disappear"

Located in a nondescript warehouse on Chicago’s west side is where, according to the Guardian, one can find the domestic equivalent of a CIA "black site" - an illegal, off-the-books interrogation compound used by Chicago special police units, one which renders "Americans unable to be found by family or attorneys while locked inside"; a place whose former occupants say is where you end up when you are "disappeared"; a place which confirms that when it comes to the eternal "who is better - us or them" debate, there really is no difference: "It brings to mind the interrogation facilities they use in the Middle East. The CIA calls them black sites. It’s a domestic black site. When you go in, no one knows what’s happened to you.” It's a Guantánamo and Abu Ghraib rolled into one. In short: it is a place where the US constitution and basic human rights have absolutely no access.

Tyler Durden's picture

Feds Probe NJ Governor Christie For Allegedly Quashing Grand Jury Indictments

With hopes that Bridge-gate was drifting into the back of potential voters' minds, New Jersey Governor Chris Christie (and members of his staff) face yet another Federal criminal investigation. Having previously dismissed the accusations as being "conspiratorial nonsense," it appears allegations that the governor and his staff broke the law when they quashed grand jury indictments against Christie supporters, are being taken a little more seriously now.

George Washington's picture

Top Counter-Terrorism Agency: Citizens Should Be Armed To Stop Terror Attacks

Head of International Police Agency:  Arming Citizens May Be the Best Way to Stop Terrorists

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