In the end, Trump is what America had earned. Trump is what America deserved. Trump was our reckoning. And while his rise to power was born of our failings, it also forced us to find our strength. It’s amazing how adaptable we are as human beings, isn’t it? Trump saved us.
This Fraud Of A Company Is Trying To Sell Stock, But Who Cares: Here Are Semi-Naked Women In BikinisSubmitted by Tyler Durden on 08/20/2015 17:14 -0500
News That Matters...
- Crude prices fall towards $40 on global glut (Reuters)
- China Central Bank Injects Most Funds Since February as Money Rates Increase (BBG)
- Divided Fed Puts Yellen on Hot Seat (Hilsenrath)
- So Long September: Bond Traders Defer Their Date With the Fed (BBG)
- More Foods Boast Non-GMO Labels—Even Those Without GMO Varieties (WSJ)
- UN to let Iran inspect alleged nuke work site (AP)
- IAEA says access to Iran's Parchin military site meets demands (Reuters)
- Time to End Quarterly Reports, Law Firm Says (WSJ)
But Not There Yet...
It is not enough to issue proclamations such as “it is time to get tough” or “It is time to make America great again”. These are the buzz words of a man that is reaching out to tap the rich vein of popular appeal. Perhaps that is what all politicians strive to do, especially when the field of candidates is rather crowded. However, what is clear is that a well-crafted economic strategy is not present, nor are staffers that would have the temerity to disagree with Mr T.
There is no doubt that Earth is undergoing the sixth mass extinction in its history – the first since the cataclysm that wiped out the dinosaurs some 65 million years ago. According to one recent study, species are going extinct between ten and several thousand times faster than they did during stable periods in the planet’s history, and populations within species are vanishing hundreds or thousands of times faster than that. By one estimate, Earth has lost half of its wildlife during the past 40 years. There is also no doubt about the cause: We are it.
“The EPA was basically deceptive...It was incompetent and stupid for them to go up to that existing plug and try to remove it without knowing how much water was upstream and behind it... I just can’t believe they were so incompetent that they would go in there and attempt to do this - unplug the Gold King mine - without a backup plan."
New lows in Mexico, Brazil, Peru, Chile, South Korea, Taiwan, Malaysia, Australia, Indonesia, and Thailand... but apart from that - Fed rate hikes and Yuan devaluation are irrelevant?
Two weeks ago we introduced you to Abengoa - the Spanish renewable-energy company - that received over $230 million in US taxpayer subsidies and loos set to become Solyndra 2.0. While all the politicians have taken their pound of flesh, Abengoa bonds have collapsed for five days in a row, now trading at record lows around 45 cents on the dollar - flashing the bankruptcy imminent light. Solyndra 2.0? Another one off? Or another symptom of the Oligrachic ignorance of where the money comes from...It appears US taxpayers can kiss that money goodbye...
Recent price volatility in the media sector got us wondering: is “Cord cutting” the home cable box in favor of online entertainment really hitting critical mass?