Cohen

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Donald "I Am Batman" Trump Reports For Jury Duty After Failing To Respond To Five Prior Summonses





Over the weekend, the Donald came to Iowa, saw, and then left in his chopper. But not before declaring himself to be America's latest caped crusader. So having gone back to New York, what is keeping the Donald occupied today? The answer: jury duty. Perhaps the reason the media is particularly fascinated with Trump's appearance in court is because it was his first time in six that he decided to respond to a jury duty summons: "The real estate mogul's service came after a state judge in March fined him $250 for failing to respond to summonses to serve jury duty five times since 2006."

 
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Guest Post: Is Donald Trump Broke?





"I’ve just slogged through all ninety-two pages of Donald Trump’s financial disclosure submission to the Federal Election Commission, and I can’t make heads or tails of it. I cannot tell how much Trump is worth, if anything. His empire, if he has one, is as mysterious as his haircut, and as impervious as his skyscraper in Chicago - a gigantic phallic mirror named after himself."

 
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Israeli Military Brass - And American Jews - Support Iran Deal





Everyone - Including the Iranian Public - Knows that the Mullahs of Iran are Total A$$H@les, But ...

 
Tyler Durden's picture

Friday Humor: The Trump White House & Cabinet





Having told Jimmy Kimmel that he "would love to" appoint Sarah Palin to his cabinet, The Washington Post asks (and answers), just what would a trump cabinet look like?

 
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The Company At The Center Of The Criminal Fed Leak Probe Was Just Sold





In the middle of the biggest criminal scandal involving the Fed, but also an FT-owned expert network (an FT which until today was owned by Pearson), the expert network known as Medley Global Advisors just changed its owners, from the FT/Pearson to Japan's Nikkei, in a transaction advised by Rothschild for the buyer and Goldman, Evercore and JPM for the seller.

 
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US Police More Concerned About "Anti-Government" Domestic Extremists Than Al-Qaeda, Study Finds





U.S. law enforcement agencies rank the threat of violence from anti-government extremists higher than the threat from radicalized Muslims, according to a report released Thursday by the Triangle Center on Terrorism and Homeland Security (TCTHS). We have previously warned that any totalitarian apparatus implemented to fight an outside enemy, would ultimately be turned around and used upon the public domestically; and now it seems confirmed that the real enemy of the corrupt corporate state is none other than, “we the people.”

 
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Paul Craig Roberts: "Washington Is Impotent To Prevent Armageddon"





The West is impotent to prevent Armageddon. It is up to Russia and China, and as Washington has framed the dilemma, Armageddon can only be prevented by Russia and China accepting vassal status. This is not going to happen. Why would any self-respecting people submit to the corrupt West? The hope is that Washington will cause its European vassals to rebel by pushing them too hard into conflict with Russia. If European politicians were to break from Washington’s hegemony and instead represent European interests, Washington would be deprived of cover for its war crimes. The breakdown of the neoconservative unipower model would then be apparent even to Washington, and the world would become a safer and better place.

 
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States Turn To Pension Ponzi Scheme To Close Funding Gaps





“When you’re borrowing money for pensions, you’re getting a new credit card to pay off the old one, and you still haven’t paid off the old one.”

 
Tyler Durden's picture

Sanctions & Saber Rattling Doesn't Stop The US From Importing Russian Petroleum





Americans might be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, America still imports a significant amount of petroleum from the former communist country. How much petroleum does the United States import from Russia? Actually, a lot more when we focus on net imports...

 
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Tepper Topples From Top 10 Highest-Earning Hedgies





For the first time in 4 years, Appaloosa Management's David Tepper is not the highest-earning hedge fund manager in the world. Plunging from No.1 to tied-for-11th (with a mere $400 million earned last year) Tepper appears to have suddenly found investing difficult now that The Fed has stopped printing money (up just 2.2%). What is more ironic, perhaps, is that the other alleged beneficiary of Fed largesse (and recent hirer or blogger Ben Bernanke) - Citadel tops the list with Ken Griffin making $1.3 billion last year.

 
Tyler Durden's picture

"I’m Not Crazy, I’m Scared" - Why For One Trader, This Time It Is Different





"What is different this time? Central banks are driving all investment decisions, and what this implies is that they are in this trade so  deeply that there is no obvious or practical exit.... This is a dangerous situation. The focus must return to the REAL economy; we cannot trade our way out of past mistakes."

 
Tyler Durden's picture

When Did We All Become Murderers?





Appalled doesn’t cover it. Disgusted won’t do either. Angry doesn’t come close. Maybe we have yet to learn of a word that would express our feelings on the following topic. There’s a disease, an epidemic, that spreads through out the western world. We are all turning into accomplices to murder. And we still believe we are better than that. Just perhaps not all of us.

 
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Big Data Algos 'Are' The Singularity & They're Coming To A Stock Market Near You





There is a much larger structural risk for markets and investors than HFT and the whole Flash Boys brouhaha, it’s just totally under the radar and hasn’t surfaced yet. Investors may not know better yet, but they will soon, one way or another. Tomorrow a handful of governments will influence aggregate political behaviors by triggering small communications that Big Data tells them will be voluntarily magnified by individual citizens, snowballing into outsized, long-lasting, and untraceable “popular” actions. Tomorrow a handful of hedge funds will influence aggregate market behaviors by triggering small trades that Big Data tells them will be voluntarily magnified by individual traders, snowballing into outsized, long-lasting, and untraceable “market” actions. Tomorrow Big Data will be primarily an instrument of social control, with a powerful and ubiquitous impact on all citizens and all investors.

 
Tyler Durden's picture

Crude Carnage Continues Amid Saudi Production & Storage Limits





Crude oil prices are once again following the path of least deja vu resistance this morning. Having spiked into NYMEX close on Friday (exactly as they did following the rig count data the previous week), WTI is back to a $48 handle this morning following news that Saudi Arabia has increased production to its higest level since 2013. Iraq (another OPEC nation) stirred the pot further by forecasting increased supplies in the next month. This comes as US production hits record highs and vital Oklahoma storage tanks will fill up even sooner than expected, driving the "JK" spread above $2.50 (April delivery drastically cheaper than May). As on analysts noted, as "Cushing continues to fill massively, we could see a '3' handle on WTI."

 
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The "War On Terror" Turns Inward – DHS Report Warns Of Right Wing Terror Threat





And so it begins... the intentional demonization of a growing segment of the U.S. population that rightly believes the government is run by a collective of thieving, corrupt, immoral sociopaths. Commingling dissent, violence and “right wing” ideology will be key in the ultimate division of government critics in these United States, and a successful attempt to scare people away from questioning a clearly degraded and parasitic status quo.

 
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