Reality
How The Feds Got All That Western Land (and Why It's A Problem)
Submitted by Tyler Durden on 01/09/2016 22:00 -0500Government owned and subsidized lands in the American West have been a source of conflict among competing interest groups since the 19th century. Since the very beginning of white settlement, lands have been used by the federal government as part of a political scheme to subsidize and reward certain groups while punishing others. The current standoff between ranchers and federal officials in Oregon is simply the latest chapter in a long contentious and sometimes bloody history of groups competing for control over government-owned lands in the West, and by ensuring that lands continue to be allocated by political means rather than through the market, government ownership of lands simply perpetuates conflict in the region.
The Looming Recession & The Muted Delight Of Janet Yellen's Epic Failure
Submitted by Tyler Durden on 01/09/2016 20:30 -0500Perhaps weak manufacturing, construction, and trade data are mere outliers. Maybe the Fed can see beyond the fog to clearly capture the big picture. Or maybe the Fed has lost its marbles. Their outlook doesn’t jive with that of the regular working stiff.
Americans' Positive Perception Of NRA Soars As Obama Escalates Gun-Control Agenda
Submitted by Tyler Durden on 01/09/2016 11:30 -0500Love guns or hate guns, one thing is becoming perfectly clear. The American public’s perception of guns and the NRA is moving in the exact opposite direction of Barack Obama’s message and agenda.
This Is The $3.5 Trillion "Neutron Bomb" That Keeps Kyle Bass Up At Night
Submitted by Tyler Durden on 01/08/2016 22:57 -0500"... what we are going to see next is a credit cycle, and in a credit cycle you see some losses, but if China's banking system loses 10%, you are going to see them lose $3.5 trillion."
Market Massacre: Worst Ever First Week Of Trading
Submitted by Tyler Durden on 01/08/2016 19:03 -0500Islamic Radicalism: A Consequence Of Petro-Imperialism
Submitted by Tyler Durden on 01/08/2016 19:01 -0500The mainspring of Islamic extremism and militancy isn’t the moderate and democratic political Islam, because why would people turn to violence when they can exercise their right to choose their rulers? The mainspring of Islamic militancy is the despotic and militant political Islam of the Gulf variety. The Western powers are fully aware of this fact, then why do they choose to support the same forces that have nurtured jihadism and terroris?
Stunning Photos From China's Creepiest Modern Ghost Town
Submitted by Tyler Durden on 01/08/2016 18:00 -0500"It is more than anywhere the symbol of the Chinese Dream with all its challenges and contradictions, an Orwellian vision of a bright future caught up by a less flamboyant reality."
"The Entire Risk Paradigm Is Shifting" - Stocks Join Global 'Reality' Adjustments
Submitted by Tyler Durden on 01/08/2016 15:35 -0500The entire risk paradigm is shifting more so than it already has. Commodities and “money” more broadly are winning the argument, so to speak, having declared long ago greater downside risks. This is increasingly taking on the proportions of a global reset.
When 3 Trillion Just Isn't Enough: Analysts Fret Over "Worrying" China Reserve Burn
Submitted by Tyler Durden on 01/08/2016 15:01 -0500"The burn rate has been worrying. It’s not about how long it gets to zero, its about how long it gets to about 2, which is what they need."
The Canary In The Gold Mine
Submitted by Tyler Durden on 01/08/2016 14:10 -0500While one can never be entirely certain about these things, as they always play out slightly differently, it could well be that the upturn in the Rand gold price and SA gold shares is once again a leading signal for the entire sector. The canary in the gold mine so to speak, only this canary isn’t dying: instead it is a dead canary that is coming back to life.
The 10 Principles Of Bubbles Show Why The Whole Planet's On Central Planner "Crack"
Submitted by Tyler Durden on 01/08/2016 11:26 -0500Bubbles don’t correct - they burst! Sure, U.S. stocks might have climbed out of the August correction. But too many small- and mid-cap stocks are in the red to say "the coast is clear." And these growing divergences in the market are showing that we are very, very close to bursting.
RBS: "This Is Simply The Worst Week We Had In Recent History... After Too Much Policy Kool-aid"
Submitted by Tyler Durden on 01/08/2016 08:20 -0500This week is simply the worst we had in recent history for markets, RBS exclaims, the worst ever start to the year for The Dow, the worst since 1999 for S&P and the second-worst for credit since 2008. Worst still is, they think there’s more weakness ahead and that many fundamental risks will continue to haunt markets. Why? Simple! Investors drank too much policy kool-aid last year.
The "Monsters" Unmasked: Cologne Police Admit "Most Of The Attackers Were Refugees"
Submitted by Tyler Durden on 01/07/2016 20:30 -0500While previously there was some ambiguity with regard to who actually perpetrated the attacks which allegedly unfolded in Cologne on New Year's Eve, authorities are now sure that "most" of those involved were "freshly traveled asylum seekers." From Die Welt: "Primarily it was the most Arab perpetrators to sexual offenses or, to put it from their point of view to their sexual amusement. A group of men circling a female victim, closes it and takes on the woman."
Russell Napier Explains How The Decline Of The Yuan Destroys Belief In Central Banking
Submitted by Tyler Durden on 01/07/2016 20:28 -0500If you had not noticed, 2016 has begun with gold and the USD rising simultaneously. This is different and important. This is very positive for gold and very bad for the world...
"We Came, We Saw, He Died" – Revisiting The Incredible Disaster That Is Libya
Submitted by Tyler Durden on 01/07/2016 19:30 -0500"In retrospect, Obama’s intervention in Libya was an abject failure, judged even by its own standards. Libya has not only failed to evolve into a democracy; it has devolved into a failed state...As bad as Libya’s human rights situation was under Qaddafi, it has gotten worse since NATO ousted him."



