Despite all her proclamations of new fairness doctrines, false promises of her truthfulness, and exclamations of 'everyday Americanism' Hillary Rodham Clinton is seeing her favorability ratings collapse. As populist as she dares to be, in the face of her donating captors, it appears the everyday American just isn't buying it as Gallup reports just 43% Americans view her favorably (down from 66% just a few years ago) while none other than Bernie Sanders is bounding up the popularity ladder, rising from 12% to 24% favorability in recent weeks.
Here is another example why the stock market with its annual return of 7% is for chumps. If you want to make the kinds of quadruple digit returns on investment, you better buy yourself a congressman. As for the general American population, well: your food may be every so slightly more mutated, but the good news is that it will remain as cheap and unhealthy as always.
The pantsuit revolutionary is at it again. Once again demonstrating her populist chops by employing the services of lobbyists to bundle millions in campaign funds. It’s no wonder opinion polls on her have been plunging as of late.
Congress Votes Today to Override State Law and Block Americans’ Right to Know If Our Food Has Been Genetically Modified
- Gold Plunges to Lowest Since 2010 (BBG)
- In Greek crisis, one big unhappy EU family (Reuters)
- Greek Banks Reopen Their Doors (WSJ)
- Greek reshuffle hints at autumn election (FT)
- Angela Merkel signals conditions for Greek debt talks (FT)
- Dollar hits three-month high on rate view, pans gold (Reuters)
- History Shows Iran Could Surprise the Oil Market (BBG)
- ‘Charlie Hebdo’ Will Cease Publishing Cartoons of Prophet Muhammad (Newsweek)
- Greece licks wounds after bailout vote, ECB move expected (Reuters)
- Lose-Lose: Pushing Greece Out of Euro Is Costlier Than Write-Off (BBG)
- EMU brutality in Greece has destroyed the trust of Europe's Left (Telegraph)
- Schaeuble Shrugs Off Greek Vote Saying Euro Exit Is Best (BBG)
- Merkel’s tough tactics prompt criticism in Germany and abroad (FT)
- Investors Get Caught in Oil’s Slippery Wake (WSJ)
- Obama Girds for Battle With Congress on Iran Deal (WSJ)
Yes, authentic capitalism still exists, but it's been relegated to the sideshow. The Big Tent with the Big Bucks is all finance/cartel/state/crony capitalism, and financialization is devouring all the other players. With authentic growth scarce, there's no other way to reap huge profits but cannibalism.
If it was Greece's intention to crush the Chinese stock market instead of Europe's, well - it succeeded. Because despite the PBOC and politburo throwing everything but QE at the stock market, China stocks closed down sharply on Thursday after another wild trading day as investors shrugged off regulators' intensified efforts to put a floor under the sliding market, by cutting trading fees and easing margin rules, which has now crashed 25% in about two weeks wiping out $2.5 trillion of the peak $10 trillion in Chinese stock market cap as of June 14. This ultimately resulted with the Shanghai Composite closing under 4000 for the first time since April.
The West is impotent to prevent Armageddon. It is up to Russia and China, and as Washington has framed the dilemma, Armageddon can only be prevented by Russia and China accepting vassal status. This is not going to happen. Why would any self-respecting people submit to the corrupt West? The hope is that Washington will cause its European vassals to rebel by pushing them too hard into conflict with Russia. If European politicians were to break from Washington’s hegemony and instead represent European interests, Washington would be deprived of cover for its war crimes. The breakdown of the neoconservative unipower model would then be apparent even to Washington, and the world would become a safer and better place.
Americans are already dispossessed of their livelihoods and careers and their pensions are next. Wherever we look, the fate of populations under Western influence are the same. The Ukrainians are exploited, the Greeks, the British, the Americans. Wherever the West has an imprint, the populations are exploited. Exploitation of the many for the few is the Hallmark of the West, a decrepit, corrupt, and collapsing entity.
- Greece Said to Submit Revised Budget Plan in Bid for Funding (BBG)
- Protesters seek firing of Texas officer who threw girl to ground (Reuters)
- HSBC to cut 50,000 jobs in quest for higher dividends (Reuters)
- U.S. base shipped live anthrax to 19 states plus D.C.: Pentagon (Reuters)
- Obama Administration Opens Door for More Student-Debt Forgiveness (WSJ)
- China Said to Weigh Margin Finance Rule Change Amid Stock Boom (BBG)
- Doctor who trained U.S. troops suspended for macabre techniques (Reuters)
- Exxon to Face Regulators’ Questions Over Quakes (WSJ)
- White House denies Obama said strong dollar a problem (Reuters)
- Lira Falls to Record Amid Stock Rout as AK Party Loses Majority (BBG)
- Bond-Market Game of Chicken With Fed Is Riskier Than Ever (BBG)
- Xetra Dax enters correction territory (FT)
- China trade shrinks amid slowing demand (FT)
- Greek government eyes compromise with lenders, rules out snap polls (Reuters)
- If You Think Greece’s Crisis Will End Soon, Think Again (BBG)
- China growth data ‘overstated’ due to data error (FT)
- Calpers to Cut External Money Managers by Half (WSJ)
There's Always Been Some Corruption in the U.S. ... But Never Like THIS
It took a paltry $1.15 million in bribes to get everyone in the Senate on the same page. And the biggest shocker: with a total of $195,550 in "donations", or more than double the second largest donor UPS, was none other than Goldman Sachs.
Ridding the world of Monsanto via a state buy-out would be a boon to humanity, and doing so for a mere $57 billion would be a bargain - especially when you consider the $3 trillion the state has squandered on endless wars of choice and the trillions of dollars the Federal Reserve and the government have squandered propping up the self-serving, parasitic cartel of too big to jail banks.