Corruption
The 'Bernwashing' Of America
Submitted by Tyler Durden on 10/29/2015 17:30 -0500Bernie Sanders supporters seem to be everywhere. 49% of Democrats now have a favorable view towards socialism. This is scary. And sad. No matter how it is wrapped, socialism is still the belief that we can raise people out of poverty by taking money out of the hands of those who have learned how to produce. And it has never worked. Socialism always fails because at some point people realize they don’t have to work as hard to get the same amount of stuff. It takes all the incentive away to really succeed.
The 6 Reasons China and Russia Are Catching Up to the U.S. Military
Submitted by George Washington on 10/28/2015 18:08 -0500As An American, I'm FURIOUS that We've Squandered Our Strengths and Resources ...
The Drone Debate: Do US Drone Strikes Create More Terrorists Than They Kill?
Submitted by Tyler Durden on 10/25/2015 18:15 -0500"Anyone caught in the vicinity is guilty by association. When a drone strike kills more than one person, there is no guarantee that those persons deserved their fate. … So it’s a phenomenal gamble.”
Is Russia The King Of Arctic Oil By Default?
Submitted by Tyler Durden on 10/23/2015 14:20 -0500To be king implies preeminence, or lasting rule. In the Arctic, such oil and gas supremacy is still little more than a dream. That dream remains alive in Russia however, and the nation – through an unmatched stubbornness and a decidedly timid field of competitors – is making a strong bid for the throne.
Deutsche Bank Warns Bonuses Will Be Slashed As Much As 30%
Submitted by Tyler Durden on 10/22/2015 09:45 -0500A beleaguered Deutsche Bank is set to slash the investment bank bonus pool by some $566 million as John Cyran's effort to right a sinking ship continues. As Bloomberg reports, "no decision has been taken and the biggest reductions are likely to impact employees in the fixed-income business. Some managing directors may have their entire bonus scrapped, according to the person."
Carl Icahn Launches Super PAC To Promote "No Brainer" Tax Reform, Combat Tax Inversions
Submitted by Tyler Durden on 10/21/2015 10:11 -0500We expect the ultimate outcome of Carl Icahn's Super PAC will be to make it easier for activists to pressure management teams into buying back even more of their shares - perhaps by granting them a tax amnesty on repatriating some of the $2 trillion in offshore cash if used for shareholder friendly activity - but then again we tend to be cynical.
Corrupt Lawmaker Looks To Oust Brazilian President As Crisis Deepens
Submitted by Tyler Durden on 10/21/2015 08:41 -0500"Then tell me, future boy, who's President of Brazil in 2016? Then who's vice president?"
Italian Central Bank Chief (And ECB Council Member) Probed Over Corruption, Fraud, & Abuse Of Office
Submitted by Tyler Durden on 10/21/2015 07:43 -0500As the world places its 'life' in the hands of a few unelected members of ivory tower trusting them to centrally plan the global utopia, that faith may be shattered by Bank of Italy Governor Ignazio Visco. As Bloomberg reports, Visco and seven other people were place under investigation according to chief prosecutor. While the statement does not list allegations, court documents reveal alleged corruption, fraud, and abuse of office.
Things Are Getting Scary: Global Police, Precrime, & The War On Domestic "Extremists"
Submitted by Tyler Durden on 10/20/2015 21:50 -0500If you believe in and exercise your rights under the Constitution (namely, your right to speak freely, worship freely, associate with like-minded individuals who share your political views, criticize the government, own a weapon, demand a warrant before being questioned or searched, or any other activity viewed as potentially anti-government, racist, bigoted, anarchic or sovereign), you have just been promoted to the top of the government’s terrorism watch list.
Trump: Bush Had “Advanced Notice” of 9/11
Submitted by George Washington on 10/20/2015 12:38 -0500He's right ...
Prominent Veterans Group Just Called On US Public To Say No To War
Submitted by Tyler Durden on 10/17/2015 08:16 -0500“President Obama’s decision to prolong the U.S. led war in Afghanistan only ensures U.S. responsibility for more death and destruction. Veterans For Peace condemns the decision and calls on the U.S. public to say no to more war..."
Government Corruption Tops List of Americans’ Fears
Submitted by George Washington on 10/15/2015 00:19 -0500Most Americans Think Government Corruption is Biggest Problem
Brazil Faces Unemployment "Crisis", As Retail Sales Plunge, Rousseff Blasts "Coup-Mongers"
Submitted by Tyler Durden on 10/14/2015 12:20 -0500As Rousseff fights to keep the Presidency, and has the speaker of the House battles to have her impeached, the country's economy continues to crumble. Retail sales came in below expectations for August and as Bloomberg reports, Brazil's top bankers now fear the combination of overindebted households and soaring unemployment could spell doom.
FBI, DOJ Probe Goldman On Malaysia Prime Minister's Slush Fund
Submitted by Tyler Durden on 10/14/2015 08:20 -0500Back in August, we brought you the story of 1MDB, the Malaysian development bank turned-Najib slush fund with deep ties to Goldman. About a month later, the FBI announced an investigation into the fund after Malaysia arrested a former official who was trying to fly to New York to urge US authorities to look into the whole debacle. Now, as WSJ reports, the FBI and DOJ are looking into Goldman's role.




