• Tim Knight from...
    02/06/2016 - 00:25
    What we must remember is this: we are in a bear market, and the risk of a countertrend rally is present, but confined. The opportunity on the downside movement dwarfs the risk of a push higher, as...

Corruption

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Madeleine Albright Stunner: "There's A Special Place In Hell For Women Who Don't Help" Hillary





The Clinton campaign must be in full panic mode to resort to spewing this kind of utter garbage...

 
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North Korea Launches Long-Range Rocket





After "preparing" for over a week, moments ago at 00:31 UTC time, North Korea - which has failed to shock the world with some "news" for over a month when it tested a "hydrogen" bomb which according to experts was anything but - launched a long-range rocket which some say is being used as a cover for banned missile test. North Korea has called the launch an attempt to "peacefully launch a satellite." Japan, however, is not happy as according to initial reports, it flew over its airspace in proximity to Okinawa.

 
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Ukraine Bonds Crash After Economy Minister Resigns Over "High-Level Corruption"





While the rest of the world's bond yields are collapsing and prices soaring (as NIRP sweeps the globe), Ukraine's 'young' implicitly-US-taxpayer-backed bonds have plunged to record lows. The reason - aside from simply disturbing economics - is, as The FT reports, the dramatic resignation of the economy minister accusing a senior presidential ally of blocking his attempts to root out graft and stymieing his plans for reform. Abromavicius exclaimed, of the Washington-installed elite at Kiev's heart, "I realised there is an intention to unwind the process of making all of this transparent."

 
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What Is The Best Method Of Rebellion Against Tyranny?





If you fight, then there is a chance.  If you do not fight, then failure is guaranteed.  The "odds" are irrelevant.  How you fight (fighting smart) is the only matter of importance.

 
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Jimmy Carter: "Legal Bribery" Is Prevailing In The US Political System





Former U.S. President and Nobel Peace Prize winner Jimmy Carter has taken aim at the “erroneous” Supreme Court ruling that “gives legal bribery a chance to prevail.”

 
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How Corruption Cripples America's Military





Amongst all corrupt aristocracies (and that’s every aristocracy), America’s takes the cake. The International Criminal Court will begin to have credibility if and when it starts to prosecute American leaders such as George W. Bush and Barack Obama, but not a minute before that time. Western gangsters lead the world right now, and Western political leaders are their agents — merely fixers, for those elite gangsters.

 
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Where Is The Outrage: With Shkreli Indicted, Drug Prices Are Still Soaring





Now that Shkreli is under house arrest and with drug prices continuing to surge with every passing year now that "America's most hated man" is looking at years behind bars, we wonder: where is the outrage? We can't help but wonder: was Martin Shkreli  nothing more than a distraction to the real corruption taking place behind the scenes?

 
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Ferrari Crashes





Another "no brainer" bites the dust. Ferrari is halted limit down in Milan trading and is crashing in US trading - now down over 40% from its "successful" IPO day highs...

 
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"Prospects For Social Disintegration Are Huge" As Wave Of Oil Refugees Looms





Today’s plunging oil prices will benefit a few. Motorists, once again, will be happy; but the pain will be earth-shaking for many others. Never mind the inevitable turmoil in global financial markets or the collapse of shale-oil production in the United States and what it implies for energy independence. The real risk lies in countries that are heavily dependent on oil. As in the old Soviet Union, the prospects for social disintegration are huge. Europe is already struggling to accommodate refugees from the Middle East and Africa, imagine what would happen if they imploded and their disenfranchised, angry, and impoverished residents all started moving north.

 
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So It Begins: Bloomberg Op-Ed Calls For An End Of Cash





"Cash had a pretty good run for 4,000 years or so. These days, though, notes and coins increasingly seem declasse: They're dirty and dangerous, unwieldy and expensive, antiquated and so very analog.... Much depends on the details, of course. But this is a welcome trend. In theory, digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint."

 
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"Time To Panic"? Nigeria Begs World Bank For Massive Loan As Dollar Reserves Dry Up





Having urged "don't panic" just 4 short months ago, it appears Nigeria just did just that as the global dollar short squeeze forces the eight-month-old government of President Muhammadu Buhari to beg The World Bank and African Development Bank for $3.5bn in emergency loans to help fund a $15bn deficit in a budget heavy on public spending amid collapsing oil revenues. Just as we warned in December, the dollar shortage has arrived, perhaps now is time to panic after all.

 
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Switzerland Asks Malaysia To Explain $4 Billion In Misused Money From Goldman Backed Slush Fund





In the latest news out of the 1MDB saga, "Switzerland's chief prosecutor said on Friday a criminal investigation into state fund 1Malaysia Development Berhad (1MDB) had revealed that about $4 billion appeared to have been misappropriated from Malaysian state companies."

"The amount of the allegedly misappropriated funds amounted to approximately $ 4 billion, whose purpose is the subject of further study"...

 
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9 Billion Barrels Of Crude At Risk In Massive Nigerian Oil Shakeup





Supermajors Shell and Italian Eni could be facing the loss of one of the biggest offshore oil exploration blocks in Nigeria, putting an estimated 9 billion barrels of crude oil at risk.

 
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Abenomics Architect Resigns Amid Corruption, Bribery Allegations





"I worked without sleep or rest. After Prime Minister Abe put my self at the helm of Abenomics, I put my life on the line for my national duty over the past three years."

 
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