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Government Gives Away Billions In Grants To Students Who Never Graduate





Want further evidence of the misappropriation of taxpayer funds to post-secondary education? Look no further than the Pell grant program.

 
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Hillary Mocks FBI Claim She Wiped Email Server Clean, "What With A Cloth Or Something?"





The stunning imbroglio of Hillary Clinton's path to The White House took another absurd twist tonight when just hours after The FBI confirmed an "attempt" was made to wipe the hard drive of her email server (or in other words, remove all data on it), the former secretary of state seemed to mock the claims in a press conference. When asked specifically if she wiped the server, she 'ummed' and 'ahhed' then jokingly said "what with a cloth or something?"

 
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Poison Rain Feared In Tianjin As Death Toll Rumored At 1,400





The fallout from last week’s massive explosion in the Chinese port of Tianjin continues to worsen, despite Beijing’s best efforts to play down the danger to the public. The death toll from the apocalyptic blast - which was described by witnesses as akin to a nuclear explosion - has risen above 100 with 114 people confirmed killed and more than 700 injured. Some 6,000 have been displaced. Authorities now fear that storms in the area could transform sodium cyanide (which is water soluble) present on the scene into hydrogen cyanide, which is "rapidly fatal." 

 
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The Cable Industry's Scariest Chart





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?

 
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The Assault On Donald Trump Shows That The "2 Party System" Is Really A "1 Party System"





Normally, candidates that are not part of the “establishment” do not pose much of a threat. In order to win elections in this country, especially on a national level, you need name recognition and you need lots and lots of money. Donald Trump has both, and no matter what you may think of him you have to admit that he has star power. And he was never supposed to run for president. You see, the truth is that only members of “the club” are allowed to play. The elite very carefully groom their candidates, and they are usually able to maintain a very tight grip on both major political parties. This two-headed abomination that we call a “two party system” is in reality just a one party system.

 

 
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Dentist Who Killed Cecil Hires Armed Security Guards After Vandals Sack Vacation Home





"We have armed investigators on the property, we're setting up covert cameras, we're documenting all license plates," the head of Global Investigative Group told NBC, referring to the "investigation" taking place in South Florida, where vandals, furious at Walter Palmer who killed a protected lion, placed marinated pigs' feet on the dentist's vacation home driveway.

 
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Police Officer Caught On Tape Discussing "Ways To Kill A Black Man And Cover It Up"





Earlier this week we reported a stunning statistic: in July, the US police had killed 118 people mostly through gunfire, the highest number of police "induced" fatalities in 2015, and on pace for a record 1150 deaths for all of 2015. To be sure, most of these deaths took place in the "ordinary course" of police business, primarily in self-defense. However, in many instances, the killings took place in "less than ordinary course", usually involving the police officer making a rash judgment that cost the victim their life, and in many cases shooting without a clear cause. But the worst example of what is increasingly, and broadly, referred to as "police brutality", are cases such as that of Alexander City officer Troy Middlebrooks, was, as NBC reports, was "caught on a secret recording discussing ways to kill a black man and cover it up."

 
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8 Financial Experts That Are Warning A Great Financial Crisis Is Imminent





Will there be a financial collapse in the United States before the end of 2015?  An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis.

 
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De Blasio's Keynesian Utopia: Giant Sinkhole Devours Brooklyn Intersection





Forget the broke window fallacy, meet the broken Brooklyn utopia. We are sure Mayor De Blasio will be cock-a-hoop this morning that a giant sinkhole has appeared in one of his boroughs - swallowing an entire intersection - as what is better for the economy than filling in holes created by a total lack of infrastructure spend with other people's money...

 
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Frontrunning: August 4





  • Unhappy Voters Shake Up Presidential Race (WSJ)
  • China stock exchanges step up crackdown on short-selling (Reuters)
  • China Dethroned as World’s Most Liquid Stock Market After Curbs (BBG)
  • Xiaomi retakes the smartphone lead in China as Apple slips (Engadget)
  • Impact of EPA’s Emissions Rule on Industry to Vary (WSJ)
  • Citadel’s Ken Griffin Leaves 2008 Tumble Far Behind (WSJ)
  • Greece says expects bailout deal by Aug 18 (Reuters)
 
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The Cyber Wars Begin: Obama Says US "Must Retaliate" Against China For Historic Data Breach





The US has determined that the Chinese cyber attack on the databases of the Office of Personnel Management "was so vast in scope and ambition that the usual practices for dealing with traditional espionage cases [does] not apply," The New York Times reports. In short: "this agression will not stand, man."

 
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