Corruption

Sprott Money's picture

Seeking a Saviour





If we have a saviour, it is the person in the mirror. If we are to be saved, we alone must do the research, make the plans, vote with our feet and establish our own liberty.

 
Tyler Durden's picture

After Vicious Rollercoaster Session, Global Stocks Flat, US Futures Stage Tepid Rebound In Illiquid Chaos





After yesterday's rollercoaster session in both the S&P and in oil, where initially stocks soared alongside oil, only to promptly tumble as stops were taken out and as the refiners' inventory strategy was exposed after the DOE's latest weekly numbers were released, it has been a quieter session so far, though maybe not for China where stocks jumped at the open only to fizzle and close at the lows in what appears to be ever less intervention by the market manipulating "National Team."

 
Tyler Durden's picture

Does Fear Lead To Fascism?





We are at a critical crossroads in American history, and we have a choice: freedom or fascism. Let’s hope the American people make the right choice while we still have the freedom to choose.

 
Tyler Durden's picture

The IMF Just Entered The Cold War, Forgives Ukraine's Debt To Russia





The IMF has now been drawn into the U.S. Cold War orbit. On Tuesday it made a radical decision to dismantle the condition that had integrated the global financial system for the past half century... By doing so, it announced its new policy: “We only enforce debts owed in US dollars to US allies.”

 
Sprott Money's picture

Anatomy of an Oligopoly: the Beer Industry





Why does most brand-name beer taste like swill? Why has the standard of living across most of the Western world fallen by more than half over the past 40+ years? 

 
Tyler Durden's picture

In "Extraordinary" Turn, Brazil's VP Pens Angry Letter To Rousseff: "I Should Have Vented This Long Ago"





“I’ve always known about your and your people’s complete lack of trust in me and the PMDB. A lack of trust that is incompatible with what we’ve done to maintain personal and partisan support for your government.”

 
Tyler Durden's picture

China "Disappears" More Bank Executives As Witch Hunt Intensifies





Less than two weeks after Guotai chief Yim Fung went "missing" amid Beijing's reinvigorated crackdown on market "manipulators," Citic Securities - China's largest broker - says it cannot find two of its most prominent investment bankers. Considering recent events, you don't have to be a detective to make an educated guess as to what might have happened to Jianlin Yan and Jun Chen.

 
Tyler Durden's picture

Terrorism's Two Best Friends: Mainstream Media & Panic-Mongering Politicians





Terrorism works on the perception of the victims. It seems incredible that ten mediocre individuals, with a few primitive weapons, could cause world-wide panic. But it is a fact. Bolstered by the mass media, which thrive on such events, local terrorist acts turn themselves nowadays into world-wide threats. The modern media, by their very nature, are the terrorist’s best friend. Terror could not flourish without them. The next best friend of the terrorist is the politician. It is almost impossible for a politician to resist the temptation to ride on the wave of panic. Panic creates “national unity”, the dream of every ruler. Panic creates the longing for a “strong leader”. This is a basic human instinct.

 
Tyler Durden's picture

Inequality In America: The Richest 20 Own More Wealth Than Half The Population





Inequality of wealth is inequality of power. A study just released finds that "America’s 20 wealthiest people — a group that could fit comfortably in one single Gulfstream G650 luxury jet — now own more wealth than the bottom half of the American population combined, a total of 152 million people in 57 million households.” How much political power do the people who would be inside that jet — and their friends — actually have?

 
Tyler Durden's picture

Whistleblower Warned Turkey Would Attack A Russian Jet





Turkey's most notorious Twitter personality predicted the downing of a Russian warplane a month in advance in the lead-up to November's fraught elections.

 
Tyler Durden's picture

China "Terrifies" Investors With Crackdown: "If You Don't Do What They Ask, There Will Be Blood"





"You can't 'comply' because there is no rule of law. The best thing you can do is establish processes for who is likely to be taken away, and how to make sure they aren't disappeared forever."

 
Tyler Durden's picture

Frontrunning: December 3





  • Mario Draghi Is About to Become the World's Market Risk Manager (BBG)
  • Five Things to Ask Mario Draghi From Negative Rates to QE (BBG)
  • Leaving behind baby and bombs, couple sows panic in California (Reuters)
  • Couple's motive in California rampage a mystery for police, family (Reuters)
  • In Grim Ritual, Barack Obama Again Calls for Stricter Gun Control After Mass Shooting (WSJ)
  • Islamic State Defeat Impossible Without Ground Force, Kerry Says (BBG)
  • OPEC States Push for Output Cuts in Face of Saudi Opposition (BBG)
 
Tyler Durden's picture

Brazil Devolves Into Full-Blown Political Crisis With Launch Of Impeachment Proceedings Against President Rouseff





Moments ago Brazil lower house chief Eduardo Cunha announced that he has accepted an impeachment request filed by Helio Bicudo. Cunha told reporters in Brasilia that the decision is not political, and while one can debate that, the implications will have a tremendous impact on both Brazil's political situation not to mention its already imploding economy. Cunha told reporters in Brasilia on Wednesday he "profoundly regrets" what’s happening. "May our country overcome this process." The impeachment process could take months, involving several votes in Congress that ultimately may result in the president’s ouster.

 
Tyler Durden's picture

Short-Termist America - Value-Extraction Has Replaced Value-Creation





It is vital to give proper consideration to the improper liberties that are being taken by those with “unwarranted influence” and “misplaced power”.   Value extraction has replaced value creation in pursuit of short?term, self?serving benefits at the expense of long?term stability and durability of corporate America and therefore the country as a whole.  As citizens, our obligation is to be well?informed, cognizant, outspoken and to vote. The words of men may temporarily suspend but they do not alter the laws of financial dynamics. The fundamentals always take precedence eventually.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!