• Tim Knight from...
    11/26/2014 - 19:43
    I read your post Pity the Sub Genius and agreed with a lot of what you wrote. However you missed what I think is the biggest killer of middle class jobs, and that is technological...

Obama Administration

Tyler Durden's picture

Frontrunning: October 17





  • Obama open to appointing Ebola 'czar', opposes travel ban (Reuters)
  • Schools Close as Nurse’s Ebola Infection Ignites Concern (BBG)
  • How the World's Top Health Body Allowed Ebola to Spiral Out of Control (BBG)
  • European Stocks Rise Amid Growing Pressure for Stimulus (BBG)
  • Putin Threatens EU Gas Squeeze Raising Stakes for Ukraine (BBG)
  • ECB to Start Asset Purchases Within Days, Says Central Banker Coeuré (WSJ)
  • Investors search for signs of end to stock market correction (Reuters)
 
Tyler Durden's picture

Futures Surge After ECB Verbal Intervention Talks Up Stocks, Day After Fed





If the last three days all started with a rout in futures before the US market open only to ramp higher all day, today it may well be the opposite, when shortly after Europe opened it was the ECB's turn to talk stocks higher, when literally within minutes of the European market's open, ECB's Coeure said that:

  • COEURE SAYS ECB WILL START WITHIN DAYS TO BUY ASSETS

Which was today's code word for all is clear, and within minutes US futures, which until that moment had languished unchanged, soared by 25 points. So will today be more of the same and whatever early action was directed by the central bankers will be faded into a weekend in which only more bad news can come out of Ebola-land?

 
Tyler Durden's picture

Frontrunning: October 16





  • Dallas County May Declare State of Disaster From Ebola Virus (BBG)
  • Markets on edge after worst turmoil in four years (Reuters)
  • Central bankers may have no quick fix as markets swoon, economy weakens (Reuters)
  • Risk of Deflation Feeds Global Fears  (Hilsenrath)
  • U.S. health official allowed new Ebola patient on plane with slight fever (Reuters)
  • Texas Hospital Fights Allegations About Ebola Protocols (BBG)
  • Treasuries Gain as Oil Drops Below $80 While Stocks Slide (BBG)
  • Greek Bonds Slump on Bailout Concern as Spain Misses Sale Target (BBG)
  • White House shifts into crisis mode on Ebola response (Reuters)
  • Obama Confronts Slippery Slope as Islamic State Advances (BBG)
 
Tyler Durden's picture

If The Oil Plunge Continues, "Now May Be A Time To Panic" For US Shale Companies





It would truly be the crowning achievement of Obama's career if, amazingly, he manages to bankrupt the US shale "miracle" next.

 
Tyler Durden's picture

Most US Hospitals Cannot Safely Handle Ebola Patients





This Ebola outbreak is being called the “most severe, acute health emergency seen in modern times“, and the U.S. health care system is completely and totally unprepared for it.  The truth is that most U.S. hospitals are simply not equipped to safely handle Ebola patients, and most hospital staff members have received little or no training on Ebola.  And the fact that Barack Obama and our top public health officials are running around proclaiming that Ebola is “difficult to catch” is giving doctors and nurses a false sense of security.

 
Tyler Durden's picture

The 10 Biggest Energy Company Bankruptcies





Running a multi-billion dollar energy company isn’t easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some, like Enron, were brought down because of insider malfeasance. A few, like ATP, blamed damaging government policies, while others went off the rails due to market forces that left the company and its shareholders flat-footed, deep in debt, and eventually broke. Here are the bankruptcies that will be etched into the tombstones of failed energy fortunes for time immemorial.

 
Tyler Durden's picture

The Oil Weapon: A New Way To Wage War





It was heinous. It was underhanded. It was beyond the bounds of international morality. It was an attack on the American way of life. It was what you might expect from unscrupulous Arabs. It was “the oil weapon” -- and back in 1973, it was directed at the United States. Skip ahead four decades and it’s smart, it’s effective, and it’s the American way. The Obama administration has appropriated it as a major tool of foreign policy, a new way to go to war with nations it considers hostile without relying on planes, missiles, and troops.  It is, of course, that very same oil weapon.

 
Tyler Durden's picture

Worried About "Ebolas On A Plane"? Five Things To Know





Given our previous comments that "air traffic is the driver," it is perhaps not surprising that the Obama administration announced Wednesday that airline passengers arriving from the three West African countries experiencing an unprecedented Ebola outbreak will now be screened for potential exposure to the deadly disease when they arrive at five major U.S. airports. The screening will include having their temperatures taken. As AP's Alicia Caldwell explains, here are five things you need to know about the screenings...

 
Tyler Durden's picture

Leon Panetta Says Brace For 30 Year War With ISIS





"I think we're looking at kind of a 30-year war... one that will have to extend beyond Islamic State to include emerging threats in Nigeria, Somalia, Yemen, Libya and elsewhere.

 
GoldCore's picture

Ebola and Global Recession Risks Send Stocks Sliding





Global economic growth remains weak and vulnerable and the global financial system remains very fragile. The ebola virus has the potential to be the straw that breaks the proverbial camel’s back. 

Stocks and commodities fell globally today due to concerns about the spread of Ebola and declining economic growth. Precious metals bounced from near multi month lows.

 
Tyler Durden's picture

Homeland Security Orders Agents To Monitor All Travelers To US For "General Signs Of Illness"





UPDATE: *ENHANCED EBOLA SCREENINGS TO START AT JFK FIRST: CNN

Following CDC Director Frieden's warning yesterday, the AP reports, US Homeland Security has unveiled additional more stringent monitoring of all travelers to the US for the Ebola virus:

*U.S. AIRPORTS TO TAKE TEMPS OF TRAVELERS FROM W. AFRICA: WPOST
*FIVE OF BUSIEST U.S. AIRPORTS TO TAKE TEMPERATURES, POST SAYS

 
Tyler Durden's picture

President Obama "Has Given Up" On Big Issues, Panetta Fears





Just hours after President Obama dined at a $10,000-per-plate fundraiser in Washington, former Obama administration CIA Director and Defense Secretary Leon Panetta lamented with MSNBC's Andrea Mitchell how "there is a feeling that the president has given up on the big issues facing this country." The problem, Panetta explains, is Obama "approaches things like a law professor," when he should be "rolling up his sleeves." With allies like that, who needs ISIS?

 
Tyler Durden's picture

Obama Threatens More Sanctions Against Zimbabwe Over Russian-Platinum Deal





As Martin Armstrong exclaims, Obama is out of control. According to NewZimbabwe.com, Washington has said it will accelerate sanctions imposed against Harare in 2003, due to the Robert Mugabe-led government's closer ties with Russia over the US$3 billion Darwendale platinum project. Herald columnist Nathaniel Manheru (who is thought to be Mugabe's spokesman), reported, Washington explained its expectations on Zimbabwe, namely that Zimbabwe was expected (read required) to support those sanctions by avoiding any association with companies sanctioned by the Americans and their Western allies, or their subsidiaries or affiliates. Manheru said "it was ridiculous for the US to refuse to lift sanctions against Harare and then demand support for its measures against Moscow... This is where I am tempted to tell the American government to go and hang, hang on a banana tree, bums up."

 
Tyler Durden's picture

What Civilian Casualties? To Barack Obama, Women And Children In Syria And Iraq Are A Subhuman Species





While one can't help but snicker when the administration of a Nobel Peace Prize winner has launched at least 7 offensive wars, mostly against Muslim countries with virtually none obtaining prior approval from Congress, until now Obama at least showed the sense to realize that maintaining proper "made for propaganda media" optics matters, even if his underlying actions were the very definition of hypocrisy. And then something snapped. As reported by Yahoo News, the White House has acknowledged for the first time that strict standards President Obama imposed last year to prevent civilian deaths from U.S. drone strikes will not apply to U.S. military operations in Syria and Iraq. A White House statement confirmed the looser policy came in response to questions about reports that as many as a dozen civilians, including women and young children, were killed when a Tomahawk missile struck the village of Kafr Daryan in Syria's Idlib province on the morning of Sept. 23.

 
George Washington's picture

The Shocking Truth: The U.S. Medical System Is Woefully Unprepared for Ebola





We Need to Stop PRETENDING We're Prepared ... and Actually GET Prepared

 
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