Indiana
How Corrupt Is The US: An Extraordinary Example
Submitted by Tyler Durden on 01/12/2016 19:30 -0500For imprisonments, the US really does have no close second: it’s the unquestionable global market-leader, for prisons and prisoners. And this gets us to the market-leader for prisons within America itself, and to the stunning corruption that stands behind it. So, here’s that extraordinary example, and the story behind its corruption, which will provide a close-up view of America’s general corruption, from the top (including the government itself) on down.
"Secret" Norwegian Report Details ISIS-Turkey Oil Trade As UN Vows To "Cut Off" Terrorist "Funding Sources"
Submitted by Tyler Durden on 12/18/2015 13:35 -0500The evidence continues to pile up implicating NATO's own Turkey in Islamic State's lucrative oil trade but the UN doesn't seem to care despite bold rhetoric from the Security Council and empty promises to "cut off" terrorist funding and access to the international financial system.
European, Asian Stocks Jump As Iron Ore Joins Oil Below $40 For First Time Since May 2009
Submitted by Tyler Durden on 12/07/2015 06:57 -0500- Australia
- Bank of International Settlements
- Barclays
- BOE
- Bond
- China
- Consumer Credit
- Copper
- Crude
- Crude Oil
- default
- Economic Calendar
- Equity Markets
- France
- goldman sachs
- Goldman Sachs
- headlines
- High Yield
- Indiana
- Iraq
- Japan
- Jim Reid
- Market Conditions
- Monetary Policy
- NASDAQ
- Nikkei
- OPEC
- Precious Metals
- Price Action
- Prudential
- RANSquawk
- Recession
- recovery
- St Louis Fed
- St. Louis Fed
- Trade Deficit
- Unemployment
With Draghi's Friday comments, which as we noted previously were meant solely to push markets higher, taking place after both Europe and Asia closed for the week, today has been a session of catch up for both Asian and Europe, with Japan and China up 1% and 0.3% respectively, and Europe surging 1.4%, pushing government bond yields lower as the dollar resumes its climb on expectations that Draghi will jawbone the European currency lower once more, which in turn forced Goldman to announce two hours ago that it is "scaling back our expectation for Euro downside."
Refugee Blowback: More Than Half Of America's Governors Oppose Entry Of Syrians
Submitted by Tyler Durden on 11/17/2015 12:18 -0500First it was Texas. Then five other states - Louisiana, Alabama, Arkansas, Indiana, and Michigan - followed in refusing to admit any Syrian refugees. It has since became an avalanche, and at last check, at least 27 states - represented by more than half the nation's governors - say they oppose letting Syrian refugees into their states.
This Is What A Billionaire's Apocalypse Shelter Looks Like
Submitted by Tyler Durden on 11/16/2015 22:59 -0500
The Fed Will Raise Rates Only Insofar As They Are Irrelevant
Submitted by Tyler Durden on 11/16/2015 15:50 -0500If the Fed raises the short-term interest rates next month, it will do so only as a token. And it will continue doing so only as long as it has no negative effect on asset prices. Higher rates, in other words, will only happen as long as – and only insofar as – they are irrelevant. Should higher rates begin to do the work of tightening credit, as they are supposed to, the Fed will back off and fly to the aid of Wall Street and fellow bankers coast to coast. They have rigged the system to function on fraudulently low interest rates; now the fraud has gotten into its bones. The economy – especially the Wall Street economy – depends on cheap money. It will fall in a heap without it.
Obama Says 10,000 "Carefully Vetted" Syrian Refugees Still Headed To The US
Submitted by Tyler Durden on 11/16/2015 14:55 -0500The United States still plans to try to admit 10,000 Syrian refugees into the country in the coming year, the State Department said on Monday as the weekend attacks in Paris renewed scrutiny on Syrian migrants. But not just anyone: according to the US State Department, the US will only accept "carefully vetted" Syrian refugees...
Texas, Five Other States Refuse To Accept Syrian Refugees
Submitted by Tyler Durden on 11/16/2015 11:15 -0500"Given the tragic attacks in Paris and the threats we have already seen, Texas cannot participate in any program that will result in Syrian refugees - any one of whom could be connected to terrorism - being resettled in Texas,"
Giant Utilities Try to Kill Solar Power
Submitted by George Washington on 11/10/2015 11:33 -0500Rooftop Solar Poses a Threat to the Utilities’ Century-Old Business Model of Centralized Power … So They’re Trying to Make Solar Much More Expensive
East Chicago Re-Elects Councilman Facing Murder & Drug Charges
Submitted by Tyler Durden on 11/05/2015 22:00 -0500While "innocent until proven guilty" is all well and good, when it comes to electing officials, one would hope the voting public is at minimum curious when the official is facing murder and drug charges. Meet Robert "Coop" Battle, East Chicago, Indiana's newly-elected 3rd District Councilman, who spent election day in the Lake County jail...
Illinoisans Look To "Get Lucky" In Other States After Lottery IOU Debacle
Submitted by Tyler Durden on 10/28/2015 16:25 -0500"We have long lines, but they're patient with it because Illinois is not paying. They're all coming here and saying, 'I'm from Illinois, how do you play it here?'"
"Smaller Suppliers Will Go Out Of Business": Hail Mary Time For Wal-Mart, As Vendors Pushed To Brink
Submitted by Tyler Durden on 10/26/2015 08:30 -0500
It's crunch time for Wal-Mart as the iconic retail behemoth struggles to cope with the fallout from a move to spend billions on wage hikes for its meagerly compensated hourly employees. In order to avoid passing on rising labor costs to customers, the company has set its sights on the supply chain where some smaller vendors now say they're being driven out of business entirely.
Superyacht Getaway Subs And Luxury Bomb Shelters: The Elite Are The Most Paranoid Preppers Of All
Submitted by Tyler Durden on 10/23/2015 19:40 -0500When it comes to “prepping”, many among the elite take things to an entirely different level.
Peter Schiff’s Father Dies In Prison, Shackled To A Hospital Bed
Submitted by Tyler Durden on 10/19/2015 22:36 -0500Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes. Irwin was treated very poorly by his own country, particularly toward the end of his life when, despite being legally blind and dying of cancer, he was not permitted to die in peace amongst family members.
State Makes It Legal To Shoot Cops In Self-Defense If They Violate Your Rights
Submitted by Tyler Durden on 09/30/2015 21:43 -0500Is it ever legal to shoot cops? A growing number of states are passing laws that say that yes, in fact, sometimes it is well within a citizen’s rights to shoot a police officer.



