Fat Cats

Art Cashin On The History Of Friday 13th In The Markets

In his daily note, everyone's favorite veteran floor trader, UBS' Art Cashin, reprises the history of Friday the 13th in the markets, and finds that it is far less scarier than some may believe, and in fact has a mild upward bias as it is up 55% to 60% of the time. There are, however, accidents, and on Friday, October 13, 1989, the attempted LBO of UAL collapsed and the Dow plunged 190 points, equal to 860 points today.

India's War On Cash Is Forcing The Rich To Beg The Poor For Help

Maids, drivers, nannies, and cooks in India are experiencing unusual politeness from their employers. Beyond the work they do every day, they suddenly have another use – to launder the undeclared cash which the rich have been hoarding in steel wardrobes, under the mattress and in under-bed storage.

The Path To Total Dictatorship: America's Shadow Government And Its Silent Coup

Unaffected by elections. Unaltered by populist movements. Beyond the reach of the law. Say hello to America’s shadow government. A corporatized, militarized, entrenched bureaucracy that is fully operational and staffed by unelected officials who are, in essence, running the country, this shadow government represents the hidden face of a government that has no respect for the freedom of its citizenry.

Wells Fargo Or The Fed: Who's The Bigger Fraud?

The Wells Fargo bank account scandal took center stage in the news last week and in all likelihood will continue to make headlines for many weeks to come. What Wells Fargo employees did in opening bank accounts without customers' authorization was obviously wrong, but in true Washington fashion the scandal is being used to deflect attention away from larger, more enduring, and more important scandals.

Last Chance For The "Deplorables"

I think this will be the last election if I don’t win ... because you’re going to have people flowing across the border, you’re going to have illegal immigrants coming in and they’re going to be legalized and they’re going to be able to vote, and once that all happens, you can forget it.” Politically and demographically, America is at a tipping point.

The 9-Point Guide To Deciphering Political Propaganda

Given we are eyeballs-deep in the US presidential election cycle, now seems a particularly appropriate time to share some observations on the topic of political propaganda. Since it will be impossible to escape the rhetorical onslaught for the next few months, we thought we might be able to shed some light on what goes on in the battle for your subconscious...

The European Union: Government By Deception

The benefits of the union flow to a select few countries, and to a select few within those countries. And ever fewer are selected as economic policies continue to fail. It is frankly beyond me to see why anyone would want to be part of that. It’s not about Boris Johnson or Nigel Farage or George Osborne, that is just more deception. It’s about being ruled by midgets, as Forsyth puts it...the very structure of the EU self-selects for sociopaths and/or worse.

What It Takes To Be President Of The American Police State

Today’s presidential hopefuls must jump through a series of hoops aimed at selecting the candidates best suited to serve the interests of the American police state. Candidates who are anti-war, anti-militarization, anti-Big Money, pro-Constitution, pro-individual freedom and unabashed advocates for the citizenry need not apply. The carefully crafted spectacle of the presidential election with its nail-biting primaries, mud-slinging debates, caucuses, super-delegates, popular votes and electoral colleges has become a fool-proof exercise in how to persuade a gullible citizenry into believing that their votes matter. Yet no matter how many Americans go to the polls on November 8, “we the people” will not be selecting the nation’s next president.