Everything this nation once stood for is being turned on its head. Free speech, religious expression, privacy, due process, bodily integrity, the sanctity of human life, the sovereignty of the family, individuality, the right to self-defense, protection against police abuses, representative government, private property, human rights - the very ideals that once made this nation great - have become casualties of a politically correct, misguided, materialistic, amoral, militaristic culture.
The full breakdown of the biggest energy deal in the past decade and the 14th largest ever corporate takeover.
In Order To Beat 'Em, You Have to Know Their Game ...
- Iranians celebrate, Obama hails 'historic' nuclear framework (Reuters)
- Iran Nuclear Accord Hailed as Landmark After Marathon Talks (BBG)
- Two New York City women accused of planning 'terrorist attack' (Reuters)
- Cyprus Lifts Capital Controls Two Years After Deposits Bail-In (BBG)
- Jury Hits Chrysler With $150 Million Penalty in Boy’s Death (WSJ)
- Greece says ready to make IMF payment on April 9 (Reuters)
- Germanwings Co-Pilot Set Plane to Go Faster Before Crash (BBG)
- IBM hire advisers to deal with restless investors - sources (Reuters)
The appointment of a number of non-Ukrainians to important government posts appears to have been implemented as a move aimed at curbing corruption. This was almost certainly under “orders” of Western powers which are currently financing Ukraine’s government. The IMF wants to get its money back one day, and that won’t be possible unless some things change rather dramatically. However, we believe this also means that the Minsk agreement will not hold forever. In US neo-con circles the idea of Kiev negotiating with the rebels in the East is detested – only unconditional surrender is held to be acceptable.
In America’s fraudulent oligarch economy in which corruption and theft have become the preferred means to earn money, it’s no surprise doctors feel a need to participate. “Mr. Rorie was recruiting homeless people, prosecutors said, ...after hours of unnecessary tests and fake diagnoses, the homeless people would be sent off with sneakers - selected from stacks of shoeboxes in the clinics’ basements... "We can use the same patients like guinea pigs for anything we want,” Mr. Vainer was recorded saying in a government wiretap." Do no harm indeed.
It appears Beijing isn’t opposed to throwing billions behind serving as a lender of last resort and we can’t help but wonder if the new round of Petrobras financing is indicative of where China will steer initial AIIB funding — that is, into oil and into Washington's backyard.
Unlike yesterday's vertigo-inducing overnight session, today has been a smooth sea by comparison even if one which has flowed from the top left to the bottom right for now, with futures erasing all of the last minute surge which was HFT programmed to sticksave the S&P just green for the year and then some. It is difficult to pinpoint the catalyst that will be today's market narrative although with NFP in just over 24 hours, falling on a holiday which will allow S&P futures just 45 minutes of trading after the BLS report hits before closing for the day, and with the weak ADP not to mention the 0.0% GDP, the "whisper" expectation is for a NFP print that will be well below consensus, somewhere in the mid-100,000s if not worse now that the bartender hiring spree is over. The fact that March payrolls have missed on 6 of the last 7 reports probably adds to the dollar weakness, even if a huge miss tomorrow may just be the catalyst Yellen needs to launch the QE4 trial balloon.
The Cop Is On the Take
- Iran, powers push for nuclear deal as clock ticks toward deadline (Reuters)
- How DIY Bond Traders Displaced Wall Street’s Hot Shots (BBG)
- MillerCoors Caught in a Downdraft (WSJ)
- Saudi-led strikes again hit Yemen overnight (Reuters)
- Even With Free Money, Merkel Still Reluctant to Spend (BBG)
- Britain Uses Tax Breaks to Lure Digital-Game Developers (WSJ)
- China to Insure Deposits in Move Toward Scrapping Rate Curbs (BBG)
- As China Expands Its Navy, the U.S. Grows Wary (WSJ)
Why is the assertion that “all markets are manipulated” generally greeted with scorn and derision?
When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy (Part 1) to the sugar rush of its post-1971 credit-based money system (Part 2). Today, we look at the face of our government. It is older... with more worry lines and wrinkles. But whence cometh that pale and stupid look? That is also the result of the same advanced diabetic epizootic that has infected American society.
Do our childish minds really think those whom we blindly empower will scurry away like cockroaches exposed by the refrigerator light and leave us be after the fall? Really? Are we serious?
Introducing The "Overseas Contingency Operations Account" – Washington's Crony Capitalist War Slush FundSubmitted by Tyler Durden on 03/28/2015 14:45 -0400
The imperial spiral into the stratosphere of stupidity is well underway. With zero accountability for those in power, there’s no way to realistically stop it before crash and burn. The best we can hope is to bring the responsible to justice afterward and pick up the pieces by going back to the Constitution.