• Gold Standard I...
    07/28/2015 - 04:17
    Greece has no future, so long as it clings to the euro. The dollar won't servce you much better. A drachma will only harm the Greek people. That leaves one other option.

Department of Justice

Tyler Durden's picture

Putin Trolls Obama, Says FIFA's Blatter Deserves A Nobel Prize





Earlier today, it was Putin's turn to troll not only the DOJ, but also Barack Obama who is currently in Ethiopia as part of his African tour when in an interview aired by Swiss broadcaster RTS on Monday Putin said that Sepp Blatter deserves a Nobel Prize for his stewardship of soccer’s governing body. “I think people like Mr Blatter or the heads of big international sporting federations, or the Olympic Games, deserve special recognition. If there is anyone who deserves the Nobel Prize, it’s those people.”

 
Tyler Durden's picture

A Disaffected Democrat Deplores His Potemkin Party Of Populism





This period of history resembles the 1850s in America in two big ways: 1) our society faces a crisis, and 2) the existing political parties are not up to the task of comprehending what society faces. In the 1850s it was the Whigs that dried up and blew away (virtually overnight), while the old Democratic party just entered a 75-year wilderness of irrelevancy. God help us if Trump-o-mania turns out to be the only alternative.

 
Tyler Durden's picture

The FBI And DOJ Get Involved: Hillary Clinton Sent Confidential Emails From Her Personal Email Account





It's not that Donald Trump needed much help in his juggernaut campaign across the GOP presidential primary with his lead at last check in the double digitts, but moments ago the flamboyant billionaire got an unexpected present from the WSJ which may have just crippled the chances of his biggest democrat competitor as well, Hillary Clinton. WSJ reports that according to an internal government review Hillary Clinton, as former Secretary of State, "sent at least four emails from her personal account containing classified information during her time heading the State Department."And now, at long last, it appears that both the FBI and the DOJ are finally getting involved.

 
Tyler Durden's picture

Central Banks And Our Dysfunctional Gold Markets





Many investors still view gold as a safe-haven investment, but there remains much confusion regarding the extent to which the gold market is vulnerable to manipulation through short-term rigged market trades, and long-arm central bank interventions. First, much of the gold that is being sold as shares, in certificates, or for physical hoarding in dubious "vaults" just isn't there. Second, paper gold can be printed into infinity just like regular currency. Third, new electronic gold pricing — replacing, as of this past February, the traditional five-bank phone-call of the London Gold Fix in place since 1919 — has not necessarily proved a more trustworthy model. Fourth, there looms the specter of the central bank, particularly in the form of volume trading discounts that commodity exchanges offer them.Today, there is no “official” price for gold, nor any “gold-exchange standard” competing with a semi-underground free gold market. There is, however, a material legacy of “real versus pseudo” gold that remains a terrible menace. Buyer beware of the pivotal difference between the two.

 
Tyler Durden's picture

Cronyism Pays: Eric Holder Triumphantly Returns To Law Firm That Lobbies For Banks





After failing to criminally prosecute any of the financial firms responsible for the market collapse in 2008, former Attorney General Eric Holder is returning to Covington & Burling, a corporate law firm known for serving Wall Street clients. The move completes one of the more troubling trips through the revolving door for a cabinet secretary. Holder worked at Covington from 2001 right up to being sworn in as attorney general in Feburary 2009. And Covington literally kept an office empty for him, awaiting his return. When the firm moved to a new building last year, it kept an 11th-story corner office reserved for Holder.

 
Tyler Durden's picture

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.”

 
Tyler Durden's picture

CNN Reporter Stunned As Young Black Man Defends Confederate Flag





"Great minds discuss ideas; average minds discuss events; small minds discuss people"...and complete f##king idiots obsess about flags.

 
Tyler Durden's picture

FBI's McCarthy-esque Files Expose Obama Advisor Jarrett's Communist Roots





Echoing the era of McCarthyism, Federal Bureau of Investigation (FBI) files obtained by Judicial Watch reveal that the dad, maternal grandpa and father-in-law of President Obama’s trusted senior advisor, Valerie Jarrett, were hardcore Communists under investigation by the U.S. government.

 
Tyler Durden's picture

The Fed Confirms It Is Above The Law: Yellen Tells Hensarling "No" On Leak Probe Documents





Just a few days after Jeb Hensarling accused The Fed of "willful obstruction" in the Congressional leak probe, demanding "immediate compliance" with the subpoena seeing "no legal basis to withhold records from Congress," Janet Yellen has responded in a letter: YELLEN REPEATS FED CAN'T PROVIDE DOCUMENTS ON LEAK PROBE. If this does not confirm The Fed is utterly above the law, we are not sure what it will take to convince skeptics of the need for an independent audit. As Hensarling previously noted, this appears to be "vigorous and coordinated obstruction.”

 
Tyler Durden's picture

Today Financial Journalism Suffered An Epic Failure





We want to highlight today's absolute failure at investigative reporting, and the worst example of journalistic capture by the Federal Reserve that we have ever seen because at stake is the criminality, competence and corruption of that most important of organizations in modern society, the US Federal Reserve.

 
Tyler Durden's picture

Knife Regulation Arrives: This Is The US Government, Hard At Work





S. 1315 would allow people to possess knives in states where they are illegal if the person is travelling to and from states where the knife is legal, if the knife is secured, or if the knife is a safety blade designed for cutting seatbelts. Based on information provided by the Department of Justice and the Federal Trade Commission, CBO estimates that implementing S. 1315 would have no effect on the federal budget. Because enacting S. 1315 would not affect direct spending or revenues, pay-as-you-go procedures do not apply.

 
Tyler Durden's picture

Writing's On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It "Non-Confiscatable"





The lack of faith in central bank trustworthiness is spreading. First Germany, then Holland, and Austria, and now - as we noted was possible previously - Texas has enacted a Bill to repatriate $1 billion of gold from The NY Fed's vaults to a newly established state gold bullion depository..."People have this image of Texas as big and powerful … so for a lot of people, this is exactly where they would want to go with their gold," and the Bill includes a section to prevent forced seizure from the Federal Government.  Is this the first step down a road to secession?

 
Tyler Durden's picture

Texas Cops Raid, Shutdown Lemonade Stand Run By 7 Year Old Girls





Don’t mess with Texas. Particularly if you happen to be a person who enjoys the freedom to purchase lemonade from two adorable little girls trying to raise money to buy their dad a Father’s Day gift. In that case, you better watch out. The cops are on the case, ever vigilant to protect the unsuspecting citizen from the perils of contraband juice.

 
Tyler Durden's picture

The Biggest Crooks In America Are Now The Cops





In a world where everyone is a lawbreaker, it’s hard to spot the real criminals.

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