Congress Backs Terrorists In Syria … Then Says We Need NSA Spying Because There are Terrorists In SyriaSubmitted by George Washington on 12/03/2013 16:08 -0500
"NSA's Mission Is Of Great Value To The Nation" - The Complete "Authorized" NSA Thanksgiving Dinner Talking PointsSubmitted by Tyler Durden on 12/02/2013 19:00 -0500
It seems getting an 8 pm "escape" from friends and family this Thanksgiving to rush into the nearby World Wrestling Federation Walmart may have been a welcome reprieve for some. Those some in question being NSA agents, and just in case their friends and family got a little too pesky, boisterous or simply inquisitive, all the employees of the National Security Agency and the Central Security Services received a prepared memo with preauthorized talking points designed to "guide" conversations over the Thanksgiving dinner table. Plastered at the head of the 2-page propaganda is a Douglas Adams-like (or was that Isaac Asimov) in its simplicity bullet point: "(1) NSA's mission is of great value to the Nation." How was it that "defenders" of the fatherland during the Third Reich were being brainwashed again? But we digress.
Governments ADMIT They Carry Out False Flag Terror
To the DOJ, a $13 billion receipt is the "largest ever settlement with a single entity." To #AskJPM, a $13 billion outlay is a 100%+ IRR. And perhaps more relevant, let's recall that JPM holds $550 billion in Fed excess reserves, on which it is paid 0.25% interest, or $1.4 billion annually. In other words, out of the Fed's pocket, through JPM, and back into the government. Luckily, this is not considered outright government financing.
"Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies" is the title of today's Senate hearing (from Homeland Security) on th eperils of Bitcoin. We are sure the exaggeration and exasperation will run high as Government offers up its Financial Crimes (and missing and exploited children) directors, and the de-centralized unregulated crypto-currency faces them down...
As Silk Road emerged from the "dark-web", other sites have appeared offering services that are frowned upon by most. As Forbes reports, perhaps the most-disturbing is "The Assassination Market" run by a pseudnymous Kuwabatake Sanjuro. The site, remarkably, a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official–a kind of Kickstarter for political assassinations. As Forbes reports, NSA Director Alexander and President Obama have a BTC40 bounty (~$24,000) but the highest bounty - perhaps not entirely surprising - is BTC 124.14 (~$75,000) for none other than Ben Bernanke. Sanjuro's raison d'etre is chilling, "as a few politicians gets offed and they realize they’ve lost the war on privacy, the killings can stop and we can transition to a phase of peace, privacy and laissez-faire."
Just in case anyone thought the entire world's wasn't going to the tenth, centrally-planned circle of hell in a handbasket, here comes the head of the Indian FBI to disabuse everyone out of such childish sentiments, thanks to a comment that not even the PR brain trust behind #AskJPM could have conceived. To wit: "India’s top police official was under fire Wednesday for saying, “If you can’t prevent rape, you might as well enjoy it.” And scene.
Five years have passed since the onset of what is sometimes called the Great Recession. While the economy has slowly improved, there are still millions of Americans leading lives of quiet desperation: without jobs, without resources, without hope. Who was to blame?
"The government, writ large, had a hand in creating the conditions that encouraged the approval of dubious mortgages. It was the government, in the form of Congress, that repealed Glass-Steagall, thus allowing certain banks that had previously viewed mortgages as a source of interest income to become instead deeply involved in securitizing pools of mortgages in order to obtain the much greater profits available from trading. It was the government, in the form of both the executive and the legislature, that encouraged deregulation..."
- Judge Jed Rakoff
It would appear that the National Instant Criminal Background Check System (NICS) website - required when purchasing a gun or explosive - is capable of handling large volumes of users...
- Fed Anxiety Rises as QE Raises Risk of Loss With Political Cost (BBG)
- Iran Nuclear Deal Expected as Early as Friday (WSJ)
- Israel rejects mooted interim Iran nuclear deal, Kerry heads to talks (Reuters)
- JPMorgan Banker Backed $200 Million Madoff Loan in 2008 (BBG)
- Unleashing the food nazis - FDA Says Trans Fats Aren't Safe in Food (WSJ)
- Draghi Aggression Shows Pledges Backed by Rate Surprise (BBG)
- S&P Cuts France's Credit Rating by One Notch to Double-A (WSJ)
- S&P criticises France’s high tax rates for stifling growth (FT)
- Payroll Gains in U.S. Probably Cooled Amid Government Shutdown (BBG)
Supreme Court Rules You No Longer Have the Right to Remain Silent
The “authorities” can shut down website after website, but the tide of new technology and the human spirit itself cannot and will not be overcome. This is the hard lesson that statists and collectivists will be learning the hard way in the years to come, as decentralization and freedom stage a gigantic, peaceful revolution. A revolution that is already in full swing and gaining tremendous momentum with each passing day.
It took only a little over a month for Silk Road 2.0 to launch on the “dark web,” and there are already close to 500 illegal drug listings.
The time has come for the monthly status check on the performance of the now largely anachronistic hedge fund industry: a 2 and 20 anachronism (whose every phone call is monitored by the FBI nowadays, thanks Stevie Cohen) because in Bernanke's centrally-planned world, risk is verboten, as are any selloffs, and if indeed one does come and the Fed has no "tools" left to counteract it, no amount of hedges will protect an investing community that has now largely eliminated any short positions on their books. So without further ado, here are the best and worst performing hedge funds of 2013.
Contrary to initial reports that the shooter was an off-duty NSA agent, subsequent updates have revealed that the LAX shooter, who reportedly is still dead, although unclear if he was killed before or after he was in police custody, as Paul Anthony Ciancia, a 23-year-old who was either a Los Angeles native, or from Pennsville, N.J. Additionally, we have learned that according to a law enforcement official, who was briefed at LAX on the investigation but not authorized to speak publicly, said the gunman was wearing fatigues and carrying a bag containing a hand-written note that said he "wanted to kill TSA and pigs." The official requested anonymity because he was not authorized to speak publicly. Considering the accuracy with which this news event has been broken, most of it relying on unsubstantiated and often times fake Twitter sources (some had reported earlier, falsely, that the former NSA chief had been shot as well), we won't be surprised if this story were to change a few more times.