Wall Street Journal

Noam Chomsky Explains How He Was Banned From Mainstream Media

"...a society that operates in a way where propaganda is not only emanating from the major media but it gets into our schools, the kind of courses are taught, the content of the history, is a society that’s not going to be mobilized for its own survival, much less the survival of other countries whose dictators we have for decades supported to oppress their people..."

The Beer Goggles Stock Market

“Instead of pricing equities off this fragile state of earnings, look at valuations compared to revenue, which cannot be manipulated. This should give a better metric of how overvalued the equity market currently is.” With that, it would seem to be high time to don your rose-colored glasses...

The Flawed Logic Of Inflation

"The hubris of central bankers who somehow believe they will know the precise time to alter easy money policies in order to prevent a monetary disaster is only exceeded by the foolishness of Congressional oversight in granting that authority."

Frontrunning: October 12

  • UK's May offers lawmakers scrutiny of Brexit process, no Article 50 vote (Reuters)
  • For or Against Trump, GOP Fears Intensifying Civil War If He Loses (BBG)
  • Podesta: 'Reasonable Belief' WikiLeaks Tipped Off Trump Campaign (BBG)
  • Obama says Trump's comments on women disqualifying (Reuters)
  • Samsung slashes third quarter profit estimate by a third after pulling plug on Note 7 (Reuters)

Trump Defies Critics, "Signals Attack On Bill Clinton" Ahead Of Crucial Debate

While nobody has any idea what Trump's best angle of attack may be, or what the republican presidential contender will say in under three hours when the townhall-styled debate begins, it is certain that following a brief courteous open, the mudslinging on both sides will promptly escalate, resulting in one of the most memorable, "deplorable" yet entertaining slow-motion trainwrecks observed in primetime history.

Russia Deploys Nuclear-Capable Missiles To Kaliningrad, Near Polish Border

Russia shipped its nuclear-capable Iskander missile system toward Kaliningrad, its territorial enclave bordering Poland, according to Western government officials, "introducing a powerful military asset into an already tense region and prompting expressions of concern by allied officials."