Transparency

Tyler Durden's picture

When 'Anti-Government' Violence Erupts, Who Is Really At Fault?





Americans must realize an important fact: There is no power over us but that which we give away. The original intent of our republic is that the people ARE the government — not a select few elitists handpicked by corporate bankers. Politicians are supposed to be our employees, not a ruling class that sits above the populace. The current growing conflict between the citizenry and the government is igniting exactly because our government does not represent the common man anymore. The government is not “by the people, for the people.” It is a separate entity, representing corrupt and hostile parties. It cannot be changed from within.

 
Tyler Durden's picture

As South Africa Reels From Unexpected Bailout, One Bank Has A Modest Proposal: Give Us Your Gold





In a historic first, three days ago, South Africa's Rand Merchant Bank, a division of FirstRand Bank Limited, announced it would issue the FirstRand Gold Bond, or a bond denominated in South African Krugerrand gold coins. In other words, for the first time "holding" gold will pay a dividend (or in this case, interest). Sound odd? Maybe because it is.

 
Tyler Durden's picture

Russia Explains Why It Rushed Entry Of Humanitarian Convoy





In a nearly carbon-copy replica of last Friday when tensions escalated then de-escalated on rumors that Ukraine had attacked a Russian military convoy, today's Yellen speech has been completely upstaged by ongoing developments out of Ukraine, where Kiev condemned the entry of Russian humanitarian convoy trucks (subsequently adding it no longer knows where they are), following Russia's announcement it could wait no longer to provide aid to the citizens of the Donetsk People's Republic. And while NATO promptly echoed Ukraine' position once again as it did last Friday, now it is Russia's turn to explain why it rushed to enter the country, seemingly without express preapproval by the Ukraine government.

 
Tyler Durden's picture

St.Louis PD Release 'Suicide-By-Cop' Shooting Clip





As we noted previously, just days after the fatal shooting of Mike Brown in Ferguson, a 2nd officer-involved shooting ended in death for the suspect just miles from Ferguson. St.Louis Police Department - in the interests of transparency -  have released video of both the alleged shoplifting and the so-called 'suicide-by-cop' shooting itself of 25-year-old Kajieme Powell.."Powell approached the officers when they arrived, yelling at them to shoot him already. When he ignored commands to drop the knife, the two officers fired a total of 12 shots."

 
Tyler Durden's picture

Ukraine’s Next Crisis? Economic Disaster





Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production.

 
GoldCore's picture

New ‘LBMA Silver Price’ Farce - Still Shockingly Non Transparent





The farcical process and complete lack of transparency would have to make any fair minded person concerned about the new LBMA Gold Price. The Gold Anti Trust Action Committee (GATA) will allege that the LBMA and the western bullion banks are engaged in a rebranding and repackaging exercise in order to maintain a cosy gold and silver cartel of bullion banks and ultimately control over precious metal prices.

 
Tyler Durden's picture

Have We Forgotten What An Authentic Market Is?





The irony of maintaining a veneer of authenticity over a fundamentally inauthentic market is rich: the more the authorities manipulate the market to maintain high valuations and suppress turbulence, the greater the odds of a collapse of trust as inauthentic markets cannot self-correct or discover the price of assets, capital and risk. Once risk has been effectively hidden by perception management, participants lack the essential information they need to make informed decisions. And so their decisions will be catastrophically mis-informed. This is how declines morph into crashes.

 
Reggie Middleton's picture

If You Believe The Oil Bull Market Is Over, This Is How To Monetize Your Perspective With Up To 4x Leverage





Ways for retail investors, and institutions small and large, to monetize a fundamental or economic outlook that the muppet masters will never tell you!

 
GoldCore's picture

New “London Silver Price” Launching In Just Two Days - Confusion Reigns





Interestingly, the FT also reports that there may be significant buying of silver in the coming days: Indeed, there are already rumours in the market place that some big silver producers and consumers are preparing to pepper the market with orders.” This creates the possibility of the short squeeze that many market participants and silver analysts have been expecting for some time.

 
Tyler Durden's picture

Obama Wines & Dines Some Of The World's Most Brutal Dictators At US-Africa Summit





Last week's first ever U.S.-Africa summit was a perfect mix of dinner-party diplomacy with some of the world’s most violent and homophobic dictators. As the Daily Mail points out, President Obama had no problem smiling and hobnobbing with a cornucopia of murders and human rights abusers. Just remember this the next time a politician tries to get you enraged about a human rights abuse somewhere. There is always an ulterior motive, because without question, the U.S. only cares about human rights when it is geopolitically or economically advantageous to do so.

 
Tyler Durden's picture

Meet OIRA – The Secretive White House Office With Disturbing Regulatory Powers





Have you ever heard of the Office of Information and Regulatory Affairs, otherwise known as OIRA? OIRA was created in 1980, and shortly thereafter the Reagan administration greatly expanded its powers by signing an executive order that gave the office the authority to review all federal rules. Ever since then, it has been used to rewrite or entirely block regulations from almost every regulatory body imaginable. Simply put, this powerful organization operating in the shadows of America’s faux democracy is used by lobbyists and large corporate interests to further entrench the established oligarchic power structure.

 
Tyler Durden's picture

Greek Bonds Tumble To 2-Month Lows As Troika Gives Up And Goldman Downgrades Periphery





Greek 10Y yields, up 6 days in a row, have surged in the last few days to 2-month highs (bond price lows). The significant shift in sentiment appears related to two main factors. First, The Independent reports that Europe is considering pulling Troika (its economic oversight committee) - which has been likened to German Nazi occupation - out of Greece, forcing local politicians to come up with their own reforms by the start of 2015 (which clearly the market is not believing). Perhaps even more concerning is Goldman Sachs shift to neutral on European peripheral bonds, warning that "at current spread levels we think there is not enough of a buffer for investors to take credit risk in intermediate and long-dated peripheral sovereign bonds." Time for some more 'whatever it takes' we think.

 
Tyler Durden's picture

Another Settlement – JP Morgan Receives Slap On The Wrist Despite Years Of Fraudulent CFTC Data





The Commodities Futures Trading Commission (CFTC) has been long viewed as one of the most corrupt of American institutions – and that’s saying a lot... when a retiring judge accuses the other remaining judge of being a total bought and paid for Wall Street crony, you know something is wrong. And sure enough, today we learn the CFTC will impose a meager $650,000 fine on JP Morgan, despite years of warnings about fraudulent data reports. You gotta love American justice. In the same week that an NYPD officer’s illegal and fatal chokehold was ruled a homicide (incredibly the man who shot the video has now been arrested), JP Morgan gets off with another slap on the wrist. As Glenn Greenwald noted, it’s Liberty and Justice for Some.

 
Tyler Durden's picture

The Slide To Collapse Is Greased With Self-Interest





Self-interest is intrinsically self-liquidating on a systemic level. This is how systems collapse: those who have offloaded risk (a.k.a. skin in the game) to the system itself and guaranteed their job, income, pension or rentier skim via the State will continue to support the Status Quo that has benefited them so handsomely even as the ship tumbles over the waterfall to its destruction.

 
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