Testimony
US Stock Futures Rebound On "Hope" Although China Has Big Trouble As Market Begins To Freeze
Submitted by Tyler Durden on 07/07/2015 05:52 -0500When it comes to Greece, and Europe in general, "hope" continues to remain the driving strategy. As Bloomberg's Richard Breslow summarizes this morning, "if you were looking for a word to describe the general feeling of equity markets today, you might well pick hopeful. U.S. equity futures opened higher and have been up all day. European bourses opened cautiously higher as they await word, any word, from the European finance ministers or more importantly, Chancellor Merkel. Equity markets will continue to be very reactive to European headlines, but so far, no news has been taken as a reason for hope." Which incidentally, has been the general investment case for the past 6 years: "hope" that central banks know what they are doing.
Four Drivers in the Week Ahead
Submitted by Marc To Market on 07/05/2015 09:07 -0500What investors will focus on in the week ahead
Church Elder Defrauds Investors With "Holy Spirit" Day Trading System
Submitted by Tyler Durden on 07/02/2015 18:00 -0500While it remains unclear if the Holy Spirit was behind these trades, one thing is for sure: When Charles Erickson's investors opened their recent statements, they said, "Holy $hit!"
IRS Deleted Backups Of 24,000 Lois Lerner Emails Months After Subpoena
Submitted by Tyler Durden on 06/25/2015 17:55 -0500According to the IG's deputy Timothy Camus, two "lower-graded" employees at the IRS center in Martinsburg, West Virginia, erased 422 computer backup tapes that contained as many as 24,000 emails to and from former IRS official Lois Lerner. It gets better: the tapes were erased in March 2014, months after congressional investigators requested all of Lerner's emails, and months after Zero Hedge, among many others, said to simply track down the server back ups. And the punchline: according to George, the workers might be incompetent, a lead investigator said Thursday, but there is no evidence they were part of a criminal conspiracy to destroy evidence.
Stocks Slide As Fed Warns "Not Prepared To Wait For Market"
Submitted by Tyler Durden on 06/24/2015 10:19 -0500With the US equity market jerking around on every headline (having jumped on DOE inventories?!), reports from MNI that the FOMC majority is not prepared to wait indefinitely for market participants to be fully on board, appear to have taken the shine off the exuberance. It seems yesterday's warning from Jerome Powell that there will be 2 rate hikes this year did not stall the stock bubble enough and so more "officials" leaked more information today.
The IMF "Trained" Greek Journalists In Washington To Spin Stories In Favor Of Troika
Submitted by Tyler Durden on 06/19/2015 11:37 -0500In what can only be described as a shocking testimony, Greece’s former representative to the IMF, Panagiotis Roumeliotis, in front of the special parliamentary committee on the Greek debt, said that several Greek journalists were “trained” in Washington D.C. in order to support the positions of the IMF and the European Commission in Greek media.
Captured Church Massacre Gunman: "You Rape Our Women And You’re Taking Over Our Country" - Live Webcast
Submitted by Tyler Durden on 06/18/2015 11:25 -0500Update: Dylann Roof, the suspect identified as the Charleston church shooter has been caught by authorities in Shelby, North Carolina
The FBI has identified the suspect in the shooting that killed 9 at a historic black church in Charleston, South Carolina on Wednesday evening. One eyewitness has offered a chilling first-hand account.
Obama's Anti-Russia Policy Escalates: DoD Tells Congress Nukes Are Still On The Table
Submitted by Tyler Durden on 06/15/2015 20:30 -0500The US is playing a dangerous game of nuclear brinkmanship. Robert Scher, undersecretary of defense, has even floated the idea of a nuclear first strike against Russia. Claiming that Russia has violated the INF Treaty by testing a banned ground-launched cruise missile, Scher laid out possible options in testimony before Congress...
Paul Ryan Channels Pelosi: "You Have To Pass ObamaTrade To See What’s In ObamaTrade"
Submitted by Tyler Durden on 06/11/2015 21:30 -0500If you still think that the establishment Republicans in Congress represent real opposition to President Obama’s policies, you’re either extremely brainwashed or extremely stupid. Honestly, we wonder what it will take for some people to wake up. How many times do you need to be used, abused and conned by slimy politicians before you can shake off your political Stockholm Syndrome? Today's example is from chief ObamaTrade proponent Paul Ryan who gaffed Pelosi-like when he admitted (with regard to the super-secret TPP) "It’s declassified and made public once it’s agreed to," in other words - “we have to pass the bill so that you can find out what is in it.”
A Professor Speaks Out: How Coddled, Hyper Sensitive Undergrads Are Ruining College Learning
Submitted by Tyler Durden on 06/07/2015 19:40 -0500The infestation of cowardice, anti-intellectualism and fear has permeated almost every nook and crany of American life, including academics. So much so, that a college professor has just penned an article titled: I’m a Liberal Professor, and My Liberal Students Terrify Me. Even more worrisome, he felt the need to write it under a pseudonym due to the fear of backlash... This is more or less how politics functions in the U.S. today. Fake and superficial narratives take position at center stage, while the really big existential issues are never addressed, or merely brushed under the rug.
Al-Qaeda Informant Says Yemen Lied To US, Secretly Channelled Money, Bombs
Submitted by Tyler Durden on 06/05/2015 16:30 -0500In an exclusive interview with Al Jazeera, a former al-Qaeda informant for the Ali Abdullah Saleh government claims Abdullah Saleh and his lieutenants not only turned a blind eye to AQAP operations in the country, but in fact played a direct role in facilitating al-Qaeda attacks even as the government accepted anti-terrorism financing from the US.
Former US FIFA Official Admits Taking Bribes In Selection Of French And South African World Cups
Submitted by Tyler Durden on 06/03/2015 16:22 -0500
China Outlines New "Offensive" Military Strategy; Builds Lighthouses In Disputed Waters
Submitted by Tyler Durden on 05/26/2015 10:02 -0500If there were any remaining questions about China’s maritime resolve, they were answered unequivocally on Tuesday with the release of the country’s 2015 defense white paper which indicates that Beijing is set to increase its “open seas protection” after countries with “ulterior motives” have busied themselves “meddling in South China Sea affairs.” Adding insult to injury for the US, China went on to broadcast a groundbreaking ceremony for two lighthouses Beijing is building on its new islands
Suicide Bomber Detonates In Saudi Mosque, ISIS Suspected
Submitted by Tyler Durden on 05/22/2015 06:03 -0500A suicide bomber blew himself up at a Shi'ite mosque in eastern Saudi Arabia during Friday prayers, residents said, killing and wounding several people.
With ISIS Controlling "More Than Half Of Syria", The US Prepares To Pounce
Submitted by Tyler Durden on 05/21/2015 14:53 -0500Gun to our head, this is what happens next: several false flag YouTube clips once again emerge just around the time Obama announces it is time to send a tactical, contained group of troops in Syria to retake the cultural "heritage that" is Palmyra, at which point the war against ISIS morphs into what it has been from day one: the western attempt to crush and topple the Assad government, and to hand over control of Syria to Turkey and Iraq, just so the US, Saudi Arabia and Qatar can control what happens behind the scenes, by which we mean finally allow that long overdue gas pipeline to traverse the nation. We expect this scenario to start unfolding within the month.



