- Global stocks eye biggest rally in four years on Fed relief (Reuters)
- FOMC Minutes Sap Confidence in Fed's 2015 Rate Hike Resolve (BBG)
- Glencore to cut annual zinc production by a third (FT)
- Tea Party wave that lifted Republicans threatens to engulf them (Reuters)
- Why Kevin McCarthy Came to Quit Speaker Race (WSJ)
- A U.S. Recession Just Got a Little More Likely (BBG)
Despite the arguably undemocratic, obfuscating nature of our nation’s campaign finance laws and the blatant corporatist agenda mandated by the Supreme Court, let’s attempt to break down the major sources of political spending so far in the 2016 presidential election. You may be surprised to find out who is donating money to your candidate — and how that contribution may affect future policy positions.
Today marks a “major change in trend of monumental proportions," according to Martin Armstrong. The government will start to lose control and the lurking monster that is excess debt will rear its head. Today is the start of the "real" sovereign debt crisis - "this concentration of confidence in government marks the peak - from here on out, this will not be a video game - this is real."
Bill Richardson could teach Donald Trump something about the art of the deal. He has done a lot of them. At present Richardson sees one of his deals in jeopardy, and he was in Washington last week to raise the alarm, meeting privately with former colleagues and appearing at a press conference at the National Press Club. The deal in jeopardy involves a commitment he made, when he was secretary of Energy in the Clinton administration, with the Russians to dispose of weapons-grade plutonium, the long-lived ingredient in nuclear weapons.
As if the collapse of her poll numbers and trust factor were not already accelerating, it appears Hillary Clinton may have just seen yet another nail in the coffin of her run for Presidency 2.0. As Fox News reports, The Teamsters union’s general executive board voted unanimously Tuesday, 26-0, to hold off on endorsing Clinton at its meeting in Charleston, South Carolina. Furthermore, to rub further salt in that wound, the union is seeking a "sit-down" with Donald Trump.
“Unless we get up off our fat surpluses and recognize that television in the main is being used to distract, delude, amuse, and insulate us, then television and those who finance it, those who look at it, and those who work at it, may see a totally different picture too late.”
Crime and corruption pay in America; you just have to be a corporate CEO, Wall Street executive, senior member of the military-industrial-intelligence complex or a politician.
It appears that aerial surveillance across much of the East Coast will be impaired until October 1 due to “military activities.”
“This notam has caused considerable alarm and much confusion, while giving pilots little time to prepare. The long duration, ambiguous language, and short notice of this notam are all cause for serious concern."
“If the freedom of speech be taken away, then dumb and silent we may be led, like sheep to the slaughter.” - George Washington
To many Americans, even many who did not vote for him, the election of Barack Obama seemed to hold out the promise that our racial divide could be healed by a black president. Even Obama’s supporters must concede it did not happen, though we would, again, argue angrily over why.
At a certain point, we suppose Joe Biden took a look at the state of the 2016 race for The White House and thought: "why not me?"
The three men shown left, who are not from Texas but in fact reside some 1,400 miles away from the “front lines” in North Carolina, allegedly "had a deadly plot to lure government forces into a trap," in retaliation for the Pentagon’s supposed plan to “use the armed forces to impose martial law in the United States."
Amid the 16 (yes sixteen!) candidates for Republican Presidential nominee, there is one, and only one, that stands above the rest in terms of sheer un-filtered, un-political, and some would say un-presidential outspoken-ness. In an oustanding aggregation of abuse, The Hill has documented Donald Trump's Top 30 insults (so far in the 2016 campaign alone).