The world is changing in so many ways which is ignored by markets and commentators. The Paris event is yet another wake up call for the markets on geopolitical risk, for the under-investment in education and basic research, but most importantly for how we continue to ignore facts. First it will get worse... we are simply not prepared for geopolitical risk to matter for markets neither are we yet willing.
These are abuses that no American should tolerate from its government, and yet not only do we tolerate them, but we help to advance them by supporting meaningless elections, allowing ourselves to be divided by partisan politics, and failing to hold the government accountable to abiding by the rule of law, the U.S. Constitution. Mark these words: if we do not push back against the menace of the police state now, if we fail to hold onto the Constitution and our constitutional republic, and if we allow the government to remain the greatest threat to our freedoms, then future Thanksgivings will find us paying the price with tyranny at home and anarchy throughout the world.
There exists a common theme amidst these signs of societal decay: The super-rich keep taking from the middle class as the middle class becomes a massive lower class. Yet the myth persists that we should all look up with admiration at the “self-made” takers who are ripping our society apart.
The American people have been forced to pay untold millions for a ten-year CIA and Pentagon program to undermine and overthrow the Syrian government, and now we are supposed to pay millions more to provide welfare for the refugees Obama created. If Obama wants to take in refugees from the chaos in Syria, there are probably plenty of vacant rooms in the White House.
Belgium PM Maintains Maximum Terror Alert, Confirms Threat Still "Imminent, Serious"; Civilians Urged To "Remain At Home"Submitted by Tyler Durden on 11/22/2015 12:44 -0500
Many campus activists have lashed out in frustration at “free speech purism,” which they regard as misplaced in the context of institutionalized oppression. But it is extremely short-sighted to sacrifice universal principle on the altar of identity politics for the sake of marginalized groups.
The Western world consists of a tyranny in which brainwashed nonentities live in a constructed reality. Can enough of these people be rescued to make a difference? That is the question.
Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually. By 2014, that number had ballooned to roughly $4.5 billion for the year. Now, according to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses. This means that the police are now taking more assets than the criminals.
The allure of ill-gotten oil money remains strong. The lull in drilling has given oil companies more time to scrutinize their operations -- and their losses. As Bloomberg reports, during booms "they are moving at such a rapid pace there’s not a lot of auditing and inventorying going on," said Gary Painter, sheriff in Midland County, Texas, in the oil-rich Permian Basin; but "whenever it slows down, they start looking for stuff and find out it never got delivered or it got delivered and it’s gone." From raw crude sucked from wells to expensive machinery that disappears out the back door, drillers from Texas to Colorado are struggling to stop theft that has only worsened amid tens of thousands of lost roughneck jobs.
"Thieves snuck in through the roof and stole weapons from a building that’s full of locked doors." The haul: "six semi-automatic rifles and 10 pistols."
The incentive structure throughout government, Wall Street, and big business generally is that “crime pays,” which is exactly why we’re seeing more and more of it. It will only get worse, until we grow up as a culture and demand accountability.
"All. Bets. Are. Off"...
The self-inflicted wounds of Hillary Rodham Clinton just keep manifesting themselves. She has two serious issues that have arisen in the past week; one is political and the other is legal. Both have deception at their root.
Today the FBI released its latest background check data - a proxy for total gun sales in the United States as most gun purchases require a background check - in which we find that, as expected, Obama's latest threat to implement stricter gun controls backfried once more, and the month of October saw a record number of background checks. The same was true for September, August, and so on: in fact, October the sixth consecutive month to see a record number of checks.