President Obama
The Fog Of "Everything": Why America's Eternally Caught Off Guard In The Middle East
Submitted by Tyler Durden on 10/15/2015 20:00 -0500Whatever the efforts of that expansive corps of intelligence analysts (and the vast intelligence edifice behind it), when anything happens in the Greater Middle East, you can essentially assume that the official American reaction, military and political, will be “surprise” and that policymakers will be left “scrambling” in a quagmire of ignorance to rescue American policy from the unexpected. The evidence, after all, is largely in. In these years, for what now must be approaching three-quarters of a trillion dollars, the national security state and the military seem to have created an un-intelligence system. Welcome to the fog of everything.
'New Snowden' Reveals Obama's Secret Drone Assassination Program
Submitted by Tyler Durden on 10/15/2015 17:10 -0500The reason these articles are so important, is not because they are based on intel leaked by an additional whistleblower (i.e., not Snowden), but because you can’t read the information without concluding quite simply that the U.S. empire is completely and totally out of control. That the plethora of American military adventures overseas are not only not making us safer, but are in fact making us far more vulnerable.
The Economic Doomsday Clock Is Closer To Midnight
Submitted by Tyler Durden on 10/15/2015 15:55 -0500- Bear Market
- Brazil
- CBOE
- Central Banks
- China
- Convexity
- CPI
- David Einhorn
- Equity Markets
- Federal Reserve
- Foreign Central Banks
- Global Economy
- Hugh Hendry
- Hugh Hendry
- Iran
- Iraq
- Market Conditions
- Market Crash
- Mean Reversion
- Monetary Policy
- Moral Hazard
- President Obama
- Quantitative Easing
- Reality
- Recession
- Swiss Franc
- Unemployment
- Volatility
- World Bank
Central banks are fearful and unwilling to normalize but artificially high valuations across asset classes cannot be sustained indefinitely absent fundamental global growth. Central banks are in a prison of their own design and we are trapped with them. The next great crash will occur when we collectively realize that the institutions that we trusted to remove risk are actually the source of it. The truth is that global central banks cannot remove extraordinary monetary accommodation without risking a complete collapse of the system, but the longer they wait the more they risk their own credibility, and the worse that inevitable collapse will be. In the Prisoner’s Dilemma, global central banks have set up the greatest volatility trade in history.
Obama Explains Why The U.S. Isn't Pulling Out Of Afghanistan After All - Live Feed
Submitted by Tyler Durden on 10/15/2015 09:54 -0500As the old adage goes: if it ain’t broke, don’t fix it, and as the recent bombing of a Doctors Without Borders hospital in Kunduz clearly shows, the US military presence in Afghanistan is doing wonders for stability and security which is presumably why the Obama administration has just done a 180 on troop deployment in the country.
'America The Herd' Is Ever At Odds With 'America The Civilization'
Submitted by Tyler Durden on 10/13/2015 16:46 -0500It is America the Herd that is keeping America the Civilization from feeling and being prosperous and safe. For too long, we have let our rulers ride us roughshod, using us to trample the economy and global tranquility with its economic and military interventions. Make America good again, and the kinds of greatness actually worth having will naturally follow.
"Insurgents" Shell Russian Embassy In Syria After Al-Qaeda Calls For Jihad Against Russian Civilians
Submitted by Tyler Durden on 10/13/2015 06:56 -0500"If the Russian army kills the people of Syria, then kill their people. And if they kill our soldiers, then kill their soldiers. An eye for an eye. The war in Syria will make the Russians forget the horrors that they found in Afghanistan. They will be shattered, with God's permission, on Syria's doorstep."
"The Deep State Needs To Worry About The Citizens It Is Screwing With"
Submitted by Tyler Durden on 10/12/2015 15:30 -0500"The killing and the mayhem will continue through the process of economic collapse that we have entered. And when we reach the destination of all that, probably something medieval or feudal in make-up, it will be possible once again for boys to develop into men instead of monsters."
The Dollar & China's "Financial War"
Submitted by Tyler Durden on 10/11/2015 13:45 -0500With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy. China executed a financial move that appeared to undermine its own position but instead created trouble for the US; how much is still to be played out. So was the devaluation a well-executed move against the dollar, or are the Chinese authorities as clueless as any other government?
The 'Real' Minimum Wage Exposed: Urban Outfitters Asks Staff To Work Weekends For Free
Submitted by Tyler Durden on 10/09/2015 09:47 -0500It appears there is a minimum wage threshold below President Obama's mandated thresholds that are "fair" and "livable." As NYPost reports, Urban Outfitters has asked workers at the company’s home office to "volunteer" for extra weekend shifts at a new fulfillment center in the town of Gap, Pennsylvania. In other words, the true minimum wage is $0 per hour. Bear in mind that if the labor market were growing as it should, in sharp contrast to how it has been presented over the past year, minimum wage laws would be the furthest from the mainstream.
Inflation Watch: Retiree Health-Care Costs Are Soaring
Submitted by Tyler Durden on 10/08/2015 17:45 -0500Despite 'promises' of lower healthcare costs (from President Obama) and 'promises' of a comfortable retirement (if only you invest all your savings in stocks), Bloomberg reports the average 65-year-old couple retiring this year will face health-care costs of $245,000 in the years ahead, up 11% from 2014.
Hillary Clinton Reveals Her Plan To "Prevent The Next Crash" In Bloomberg Op-Ed
Submitted by Tyler Durden on 10/08/2015 14:22 -0500"Thanks to President Obama’s leadership and the determination and sacrifice of the American people, we’ve worked our way out of that ditch and put our economy on sounder footing. Now we have to keep going.
To prevent irresponsible behavior on Wall Street from ever again devastating Main Street, we need more accountability, tougher rules and stronger enforcement. I have a plan to build on the progress we’ve made under President Obama and do just that."
U.S. Spent Nearly $100 Billion On Foreigners To Fight Terrorists
Submitted by Tyler Durden on 10/08/2015 12:01 -0500To combat Islamic militants the White House says threaten national interests, the U.S. has spent nearly $100 billion to arm and train foreign militaries across the Middle East, North Africa and South Asia, an analysis by Vocativ shows. And nearly all of them are reeling from setbacks that threaten to undermine what’s become a core component of American foreign policy in these regions. As a former military commander and United States ambassador in Afghanistan recently noted, "our track record at building security forces over the past 15 years is miserable."
Edward Snowden: "They've Said They Won't Torture Me..."
Submitted by Tyler Durden on 10/07/2015 18:55 -0500Just in case anyone still foolishly believes that there’s a shred of decency left in the ‘justice’ system in the Land of the Free, we would humbly present exhibit A: Edward Snowden.
Someone In Chicago Is Shot Every 2.8 Hours (Despite Major Gun Control)
Submitted by Tyler Durden on 10/07/2015 18:30 -0500Someone in Chicago has been shot every 2.84 hours this year for a total of 2,349 shootings during the period of January 1, 2015 to October 6, 2015 (and 2015 is likely to eclipse 2014's record 2.587 shooting victims); but, Chicago, for all intents and purposes, is a “gun-free zone.” But all the state and city regulations associated with firearms in Chicago have failed to produce a safe city, and these are the policies that President Obama and Secretary Clinton wish to extend to the rest of the country.
Hillary Flip-Flops On TPP - Shuns Obama's Trade Plan After Publicly Supporting It 45 Times
Submitted by Tyler Durden on 10/07/2015 15:58 -0500In what seems like a nervous populist move amid Bernie Sanders' gains, Hillary Clinton has flip-flopped rather stunningly to oppose President Obama's Trans-Pacific Partnership. Despite supporting the bill at least 45 times, as CNN's Jake Tapper points out, Clinton told PBS' Judy Woodruff Wednesday in Iowa that, "As of today, I am not in favor of what I have learned about it." It's also a departure from the Clinton legacy, as CNN notes, it was President Bill Clinton who, two decades ago, signed the first mega-regional pact: the North American Free Trade Agreement.


