Cohen

BofA Fined $12.5 Million For Creating At Least 15 Mini "Flash Crashes"

The SEC announced that BofA/Merrill Lynch agreed to pay a $12.5 million penalty for "maintaining ineffective trading controls" that failed to prevent erroneous orders from being sent to the markets and causing at least 15 mini-flash crashes between 2012 and 2014.

Libyans Who Once Opposed Gaddafi Now Regret US-Led Regime Change

Who actually benefits from American-led wars across the globe? The aftermath of American-led conflicts shows it is not the common people, though the military and politicians vow they are liberating and protecting them... "Before 2011, I hated Gaddafi more than anyone. But now, life is much, much harder, and I have become his biggest fan."

Deconstructing The "Median Income Bullshit"

What do you do when the economy isn't growing the way you want it to but you need to win an election in the very near future?  Well, one option is to have the Census Bureau change its data collection methodology to goal seek the desired income growth.

Three Big Lies That Pervade America's 'News' Media

The Big Lies that pervade the U.S. ‘news’ media are the ones that are essential to sustain in order for the deceived American public to accept the fraudulent basis upon which the U.S. regime of Barack Obama has ‘justified’ his economic sanctions against Russia, and his pouring of U.S. troops and weapons onto and near Russia’s borders...

4 Millennials, 4 Salaries: Survey Finds Millennials At All Income Levels Happy, Self-Assured And Completely Delusional

Esquire Magazine recently conducted a poll of 4 millennials at 4 different income levels and the one unifying theme in the responses seemed to be that millennials are fairly self-assured and optimistic about their future despite the overwhelming mountain of economic evidence that suggests they're totally screwed.  Seems that millennials are maintaining their "safe spaces" beyond their college years...

OPEC's Output Freeze: What Has Changed Since Doha?

It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully.

Media Outrage After Trump Suggests "2nd Amendment People" Can Stop Hillary

Just three days ago, as Hillary Clinton "short-circuited", we noted "the only question is whether Trump can keep his mouth shut long enough to give Hillary more chances to stick her foot in hers." Unfortunately, despite the potential for the Orlando shooter's father to play on tonight's media spin, Trump has managed to refocus attention on himself - by noting that "maybe '2nd Amendment people' can stop Hillary Clinton."

3 Killed, 1 Wounded At Shooting North Of Seattle; Suspect In Custody

Three people were killed and a fourth was injured in a shooting in Mukilteo, Washington north of Seattle, according to police. About 15-20 people were partying at home in the Chennault Beach neighborhood when gunfire broke out around 12:30 a.m., according to Mukilteo Police.

South China Sea Tensions Surge After Taiwan Deploys Frigate, China Warns Of "Air Defense Zone"

Overnight tensions surrounding the disputed South China Sea territory soared when Taiwan, which shares territorial claims with China in the disputed area, sent a naval frigate to patrol the disputed waterway Wednesday, to show the government’s “determination" to defend its national interest. Taiwan’s  decision has put the country at odds with its chief security protector, the U.S., which has called on China to abide by the ruling.

Theory Of "Conspiracy Theorists"

It seems to have become one of the most popular ways of ridiculing somebody’s argument or position, calling into question someone’s sanity or even somebody’s right to their very own existence in recent years are "You’re a conspiracy theorist!","That sounds like a conspiracy theory to me!" The definition of conspiracy insists on the “evil, harmful, bad” side of things.  In other words; in the English language, it is impossible to conspire to do good. Here however are some alternative definitions of “conspiracy theorist”: someone who has seen through the bullshit; and/or someone who questions the statement of known liars.