en Do You Believe In Chinese Miracles? GDP, Industrial Production Beat; Retail Sales Miss <p>Whocouldanode? Chinese GDP managed (thanks to record-breaking credit creation and QE-lite) to <strong>beat expectations</strong> of +7.2% and come in at +7.3% (still its <strong>slowest growth since April 2009)</strong>. Notably this was the biggest <strong>decoupling </strong>from Bloomberg's high-frequency economic data forecast (i.e. real data) since May 2010. Despite weakness in Cement and Steel output,<strong> Industrial Production also managed to beat and actually improve</strong> (another miracle). Retail Sales missed expectations, rose only 11.6% YoY - its <strong>weakest since Feb 2006</strong>. Initial kneejerk is a lift in USDJPY, AUDJPY, TSY yields, and S&amp;P and NKY futures... though not as large as some had hoped...</p> <p>&nbsp;</p> <p>Chinese GDP beat, falls to slowest since April 2009, and decouples from Bloomberg's "real data" estimate by themost since May 2010...</p> <p><a href=""><img src="" width="600" height="330" /></a></p> <p>&nbsp;</p> <p>Industrial production rose and beat - breaking any historical correlation with Steel and Cement industries...</p> <p><a href=""><img src="" width="600" height="320" /></a></p> <p>&nbsp;</p> <p>For the 5th month of the last 6, Retail Sales missed and dropped to the slowest growth since feb 2006...</p> <p><a href=""><img src="" width="600" height="315" /></a></p> <p>&nbsp;</p> <p><em>Charts: Bloomberg</em></p> <p><em>h/t @M_McDonough</em></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="909" height="500" alt="" src="" /> </div> </div> </div> Tue, 21 Oct 2014 02:18:10 +0000 Tyler Durden 495965 at China CCTV News Previews The 4th Plenary Session Of The Communist Party In Infographic <p>Following <a href="">last year's 20,000 word "decision" at the 3rd Plenum</a> pledging reforms, soft-landings, and corruption crackdowns, we thought we'd leave it to China's state-owned media to explain - via handy infographic - <strong>what to expect from the 4th Plenary session this week...</strong></p> <p>&nbsp;</p> <p><a href=""><img src="" width="600" height="390" /></a></p> <p>&nbsp;</p> <p><em>Source: @CCTVNews</em></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="1381" height="897" alt="" src="" /> </div> </div> </div> China Corruption Tue, 21 Oct 2014 01:29:12 +0000 Tyler Durden 495964 at Top Scientist Warns This Version Of Ebola Looks Like "A Very Different Bug" <p><em>Submitted by <a href="">Michael Snyder via The Economic Collapse blog</a>,</em></p> <p>Barack Obama and the head of the CDC need to quit saying that we know exactly how Ebola spreads.&nbsp; Because<strong> the truth is that there is much about this virus that we simply do not know</strong>.&nbsp; For example, a top Ebola scientist that is working in the heart of the outbreak in Liberia says that this version of Ebola looks like it could be &quot;a very different bug&quot; from past versions.&nbsp; Other leading scientists are echoing his concerns.&nbsp; And yet Barack Obama and Thomas Frieden continue to publicly proclaim that we know precisely how this virus behaves.&nbsp; Not only is that bad science, but it could also potentially result in the unnecessary deaths of a very large number of people.&nbsp; For example, Obama has refused to implement an <a href="" title="Ebola travel ban">Ebola travel ban</a> because he is greatly underestimating the seriousness of this virus.&nbsp; This decision could turn out to be incredibly costly.&nbsp;<strong> If what you will read about below is true, we could be dealing with some sort of &quot;super Ebola&quot; that nobody has ever seen before.</strong></p> <p>Peter Jahrling of the National Institute of Allergy and Infectious Disease is on the front lines fighting this disease in Liberia.&nbsp; He is one of the top authorities in the world on Ebola, and what his team has been seeing under the microscope&nbsp;<a href="" target="_blank" title="is incredibly sobering">is incredibly sobering</a>...</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>Now U.S. scientist Peter Jahrling of the National Institute of Allergy and Infectious Disease believes the current Ebola outbreak may be caused by an infection <strong>that spreads more easily than it did before</strong>.</p> <p>&nbsp;</p> <p>Dr Jahrling explained that his team, who are working in the epicentre of the crisis in the Liberian capital of Monrovia, are seeing that the viral loads in Ebola patients <strong>are much higher than they are used to seeing</strong>.</p> <p>&nbsp;</p> <p>He told &#39;We are using tests now that weren&#39;t using in the past, but there seems to be a belief that the virus load is higher in these patients [today] than what we have seen before. <strong>If true, that&#39;s a very different bug</strong>.</p> <p>&nbsp;</p> <p>&#39;I have a field team in Monrovia. They are running [tests]. They are telling me that <strong>viral loads are coming up very quickly and really high, higher than they are used to seeing</strong>.</p> <p>&#39;<strong>It may be that the virus burns hotter and quicker</strong>.&#39;</p> </blockquote> <p>Other top scientists are making similar observations.</p> <p>The following comes from a recent article posted on&nbsp;<a href="" target="_blank" title="Washington's Blog">Washington&#39;s Blog</a>...</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>The head of the Center for Infectious Disease Research and Policy at the University of Minnesota &ndash; Dr. Michael Osterholm &ndash; is a prominent public health scientist and a nationally recognized biosecurity expert.</p> <p>&nbsp;</p> <p>Dr. Osterholm just gave a talk shown on C-Span explaining that a top Ebola virologist &ndash; the Head of Special Pathogens at Canada&rsquo;s health agency, Gary Kobinger &ndash; <strong>has found that the current strain of Ebola appears to be much worse than any strain seen before &hellip; and that the current virus may be more likely to spread through aerosols than strains which scientists have previously encountered</strong>.</p> </blockquote> <p>I have posted <a href="" target="_blank" title="video">video</a> of that talk on C-Span below...</p> <p><center><br /> <p style="text-align: left;"><iframe allowfullscreen="" frameborder="0" height="315" src="//" width="560"></iframe></p> <p></p></center> </p><p>But even if we were dealing with the exact same strain of Ebola, that does not mean that our leaders are telling us the truth when they say that it is not an airborne virus.</p> <p>Just check out the following quotes from top scientists about the spread of Ebola from a recent <a href="" target="_blank" title="the Los Angeles Times">Los Angeles Times article</a>&hellip;</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>Dr. C.J. Peters, who battled a 1989 outbreak of the virus among research monkeys housed in Virginia and who later led the CDC&rsquo;s most far-reaching study of Ebola&rsquo;s transmissibility in humans, said <strong>he would not rule out the possibility that it spreads through the air in tight quarters</strong>.</p> <p>&nbsp;</p> <p>&ldquo;We just don&rsquo;t have the data to exclude it,&rdquo; said Peters, who continues to research viral diseases at the University of Texas in Galveston.</p> <p>&nbsp;</p> <p>Dr. Philip K. Russell, a virologist who oversaw Ebola research while heading the U.S. Army&rsquo;s Medical Research and Development Command, and who later led the government&rsquo;s massive stockpiling of smallpox vaccine after the Sept. 11 terrorist attacks, also said much was still to be learned. &ldquo;<strong>Being dogmatic is, I think, ill-advised, because there are too many unknowns here.</strong>&ldquo;</p> </blockquote> <p>And I have written about this before, but so many people don&#39;t know about this that it bears repeating.&nbsp; The following is an excerpt from a news story about a study that was <a href="" target="_blank" title="conducted back in 2012">conducted back in 2012</a> that demonstrated that the Ebola virus can be transferred from one animal to another animal without any physical contact whatsoever...</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>When news broke that the Ebola virus had resurfaced in Uganda, investigators in Canada were making headlines of their own with <a href="" target="_blank" title="research">research</a> indicating the deadly virus may spread between species, through the air.</p> <p>&nbsp;</p> <p>The team, comprised of researchers from the National Centre for Foreign Animal Disease, the University of Manitoba, and the Public Health Agency of Canada, observed transmission of Ebola from pigs to monkeys. They first inoculated a number of piglets with the Zaire strain of the Ebola virus. Ebola-Zaire is the deadliest strain, with mortality rates up to 90 percent. The piglets were then placed in a room with four cynomolgus macaques, a species of monkey commonly used in laboratories. The animals were separated by wire cages to prevent direct contact between the species.</p> <p>&nbsp;</p> <p>Within a few days, the inoculated piglets showed clinical signs of infection indicative of Ebola infection. In pigs, Ebola generally causes respiratory illness and increased temperature. Nine days after infection, all piglets appeared to have recovered from the disease.</p> <p>&nbsp;</p> <p>Within eight days of exposure, two of the four monkeys showed signs of Ebola infection. Four days later, the remaining two monkeys were sick too. It is possible that the first two monkeys infected the other two, but transmission between non-human primates has never before been observed in a lab setting.</p> </blockquote> <p>So when Barack Obama and Thomas Frieden get up and tell us that they know with 100% certainty that Ebola is not airborne, <a href="" target="_blank" title="they are lying to you">they are lying to you</a>.</p> <p>There is so much about this outbreak that we simply do not know.</p> <p><strong>Our public officials should be honest about that.</strong></p> <p>Instead, it seems like they are flying by the seats of their pants and just saying whatever they think will keep everyone calm.</p> <p>We are potentially facing the greatest health crisis of this generation, and bad science and false assurances are not going to help anyone.</p> <p><strong>Sadly, Barack Obama just continues to make bad decision after bad decision.&nbsp;</strong> This includes his very foolish decision to send thousands of U.S. troops <a href="" target="_blank" title="right into the heart of the Ebola death zone">right into the heart of the Ebola death zone</a>.</p> <p>It is being reported that these troops are only going to get <a href="" target="_blank" title="just four hours">just four hours</a> of Ebola training, and the Pentagon is saying that they&nbsp;<a href="" target="_blank" title="&quot;will only need gloves and masks&quot;">&quot;will only need gloves and masks&quot;</a> to protect themselves...</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>Troops from the 101st Airborne Division leading the military response to Ebola in West Africa will only need gloves and masks to protect themselves from the deadly virus, so said Gen. David Rodriguez at a Pentagon briefing Wednesday.</p> <p>&nbsp;</p> <p>&ldquo;They don&rsquo;t need the whole suit &ndash; as such &ndash; because they&rsquo;re not going to be in contact with any of the people,&rdquo; the commander of U.S. troops in Africa said.</p> <p>&nbsp;</p> <p>Soldiers from the 101<sup>st</sup> Airborne will primarily be building hospitals, ultimately leading what could be a contingent of 4,000 American service members. They&rsquo;ll be housed either in tent cities at military airfields or in Liberian Ministry of Defense facilities, Rodriguez said.</p> <p>&nbsp;</p> <p>Soldiers&rsquo; health will be monitored through surveys and taking their temperature on their way in and out of camps. If a service member does get sick, Rodriguez said they will be flown home immediately for treatment.</p> </blockquote> <p>Who is going to be held accountable when these young men and women start coming home sick?</p> <p><u><em><strong>So far the federal response to this Ebola crisis has been a parade of incompetence.</strong></em></u></p> <p><u><em><strong>And yet we continue to be told that &quot;everything is under control&quot;.</strong></em></u></p> <p><u><em><strong>I don&#39;t know about you, but I have a bad feeling about all of this.</strong></em></u></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="284" height="283" alt="" src="" /> </div> </div> </div> Barack Obama headlines Tue, 21 Oct 2014 00:56:53 +0000 Tyler Durden 495963 at "It's Not Abenomics, It's The Weather" Japanese Econ Minister Admits Growth Is Weak <p>Amid two (notably female) resignations this weekend (Justice Minister Matushima and Trade Minister Obuchi for alleged misuse of political funds), Abenomics tilt towards women as a pillar of the Japanese recovery is taking yet another blow, <strong>removing "one of his ways of distracting people from his less popular policies."</strong> However,it is Japan's Economy Minister, Akira Amari, that went full economic retard this weekend - having learned well from his wise American central-planning brethren. Rather than face reality that Abenomics currency devaluation printfest has crushed the consumer beyond all expectations (<a href="">as we noted since the start and Goldman just admitted</a>), <strong>he blames the weather for economic weakness: <em>"including the effects of large typhoons and heavy rains in July and August, Japan’s 3Q economic situation is probably not a strong recovery</em></strong><em>."</em></p> <p>&nbsp;</p> <p><a href=""><img src="" width="630" height="214" /></a></p> <p>&nbsp;</p> <p><em>As Bloomberg reports,</em></p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p><strong>After nearly two years without a single resignation from Japanese Prime Minister Shinzo Abe’s cabinet, two female ministers stepped down on the same day.</strong></p> <p>&nbsp;</p> <p>Yuko Obuchi, trade and industry minister, resigned over allegations of improper use of political funds, and Justice Minister Midori Matsushima, 58, quit over claims she breached election laws. The resignations are a double blow to Abe who has made promoting women a pillar of his economic policy.</p> <p>&nbsp;</p> <p><strong>The resignation of the two ministers “one of his ways of distracting people from his less popular policies is no longer a distraction.”</strong></p> </blockquote> <p><strong>But that's the least of Abe's worries as the economy flounders back towards recession</strong> and moar QQE is untenable... (<a href="">as we explain here</a>)</p> <p><a href="">Akira Amari's official website explains</a>...</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p><strong>“Including the effects of large typhoons and heavy rains in July and August, Japan’s 3Q economic situation is probably not a strong recovery,”</strong> Japanese Economy Minister Akira Amari writes in a post on his website.</p> <p>&nbsp;</p> <p>Amari: “Unless there is really strong data in September, <strong>we will have to decide on a stimulus package to return the economy to the growth path</strong>, with this delinked from the decision on the sales-tax increase” </p> <p>&nbsp;</p> <p>Amari: It’s better to decide on a further sales tax increase as early as possible so compilation of next year’s budget not left unfinished at the end of this year</p> <p>&nbsp;</p> <p>Amari: <strong>Prime Minister Shinzo Abe’s advisory panel which will examine the current economic situation will be held over a few days before and after the announcement of preliminary 3Q GDP on Nov. 17</strong></p> </blockquote> <p><a href="">It appears the opposition party in Japan are simply reading straight from Zero Hedge and Goldman's script</a>...</p> <blockquote><div class="quote_start"> <div></div> </div> <div class="quote_end"> <div></div> </div> <p><strong>Opposition has pointed out miscalculation and misconceptions of Abenomics.</strong></p> <p>&nbsp;</p> <p>Exports does not extend to a weaker yen, real wages Toka are going down, and have contributed more negative than positive, rather than a break from the deflation, the depreciation of the yen has caused a recession, stagflation of inflation</p> <p>&nbsp;</p> <p><strong>Exports due to the depreciation of the yen has not yet been been growing as expected and is a miscalculation, to be sure</strong></p> </blockquote> <p>*&nbsp; *&nbsp; *</p> <p>For those banking on moar flow from the BoJ, think again.</p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="630" height="214" alt="" src="" /> </div> </div> </div> Abenomics Japan Reality Recession recovery Stagflation Yen Tue, 21 Oct 2014 00:21:19 +0000 Tyler Durden 495962 at "Either You're The Butcher... Or The Cattle" <p><em>Submitted by <a href="">Jim Quinn via The Burning Platform blog</a>,</em></p> <p><strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">The Walking Dead</a></strong> reflect the darkening mood of this intensifying <strong><a href=";linkCode=w00&amp;linkId=HASBLK6LM5MQOUZI&amp;creativeASIN=0767900464">Fourth Turning</a></strong>. I wrote one of my more pessimistic articles called <strong><a href="">Welcome to Terminus</a></strong> in April regarding the season four finale of the Walking Dead series. I essentially argued we are approaching the end of the line and the world is going to get real nasty.</p> <p><img alt="twd-s04e16-06" class="wp-image-30011 colorbox-30002 aligncenter" height="285" src="" width="480" /></p> <p>In the six short months since I wrote that depressing article, we&rsquo;ve seen men beheaded on Youtube videos by terrorists no one had ever heard of at the beginning of this year. Somehow a ragtag band of 30,000 Muslim terrorists, using American military equipment supplied to fight Assad in Syria and taken from the Iraqi Army when they turned tail and ran away, have been able to defeat 600,000 Iraqi and Kurd fighters with air support from the vaunted U.S. Air Force. Syria, Iraq, Libya, and Afghanistan descend into never ending religious based warfare. We&rsquo;ve even had passenger planes mysteriously disappear in Asia with no trace.</p> <p>Crimea seceded from Ukraine and rejoined Russia, initiating a plan to punish Russia by the western powers. America supported and planned the overthrow of a democratically elected government in the Ukraine, with a predictable push back response by Russia, leading to a bloody civil war in the Eastern Ukraine. We&rsquo;ve had a false flag shooting down of an airliner over the Ukraine by the Ukrainian government, blamed on Russia and Putin by Obama and his EU co-conspirators. The American corporate media mouthpieces have ignored the cover-up of missing controller transmissions, black box recordings, and physical evidence regarding the murder of hundreds of innocent people by western politicians. Israel and Hamas resumed their endless religious war in Gaza, with thousands of casualties and destruction.</p> <p>UK fear mongering and financial threats barely averted the secession of Scotland from the UK. Cantalonia continues to push for a secession vote to leave Spain. Violent protests have broken out in Spain, Italy, France and even Sweden. Turmoil, protests and riots in Brazil, Venezuela, Argentina and Mexico have been driven by anger at political corruption, high inflation, and general economic dysfunction. Saber rattling between China and Japan has increased and young people in Hong Kong have been protesting the lack of democratic elections being permitted by China. The world economy, undergoing central bank monetary stimulus withdraw, is headed back into recession as Germany, China and the U.S. join the rest of the world in economic decline. And now the Western Africa outbreak of ebola has gone worldwide, with predictions of an epidemic potentially causing worldwide economic chaos.</p> <p>What&rsquo;s happening in the real world makes the dystopian zombie world of <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a></strong> seem almost quaint. The writers of this show brilliant use of symbolism and imagery captures the violent, chaotic, inhumane, darkening, brutal world we inhabit as the <strong><a href=";linkCode=w00&amp;linkId=HASBLK6LM5MQOUZI&amp;creativeASIN=0767900464">Fourth Turning</a></strong> crisis period we entered in 2008 deepens on a daily basis. There is a good reason why the first episode of their fifth season drew the biggest cable TV audience in history. The show is clearly tapping into the mood of the masses. Early in the latest episode you realize Terminus has become a processing center run by cannibals. The line between victim and criminal, killer and prey, good and evil, madness and sanity, and moral and immoral is blurred. Everything is relative in the post-pandemic world of the <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a></strong>.</p> <p><img alt="ee1feb20-143c-11e4-9c67-b1d71d17fcff_comic-con-2014-the-walking-dead-season-5-trailer-_0021_Layer-17" class="aligncenter wp-image-30010 colorbox-30002" height="266" src="" width="472" /></p> <p>Seeing Wall Street cannibals walk away unscathed after devouring the worldwide economic system in 2008 with their fraudulent financial schemes, corrupt politicians enriched by throwing taxpayers under the bus, militarized police forces trampling the Fourth Amendment, the NSA spying on every American, a private central bank enriching their owners by funneling trillions into their bank vaults, a president trampling on the Constitution by issuing executive orders to bypass the other branches of government, and billions of welfare and tax fraud from the urban ghettos to the penthouse suites in NYC, has convinced a large swath of Americans that everything is relative and nothing matters in our warped dystopian world. Right and wrong no longer matter. Morality is an antiquated concept. Adhering to the Constitution is an outmoded notion. Our society celebrates and condones our dog eat dog economic paradigm. Or zombie eats anything world in the case of <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a></strong>.</p> <p>The Terminus complex is reminiscent of the concentration camp in Schindler&rsquo;s List. It is complete with railroad cars to hold the prisoners, gates with barbed wire, armed guards, and extermination facilities to &ldquo;process&rdquo; the prisoners. Thick black smoke belches into the air. There is a room stacked full of booty, teddy bears, watches, clothes &ndash; everything except the gold fillings.The Nazi like precision and attention to detail is reflected in the almost business-like method in which the Terminus administrators go about gutting their prey. The bone chilling efficiency and antiseptic processing facility evoke memories of the holocaust gas chambers. The opening sequence when Rick, Daryl, Glenn and Bob are among a group of men lined up to be gutted like pigs over a trough in place to collect their spilled blood, might have been the most brutal scene ever put on non-premium cable TV.</p> <p>The callous and dispassionate way in which the prisoners (cattle) are lined up in front of a stainless steel trough is disconcerting and bone chilling. The victims are hit with a baseball bat and then their throats are slit over the trough by men in protective suits. They have become nothing but cattle to be butchered and consumed by the Terminus cannibals. You see another part of the processing plant where human remains are hanging from hooks like sides of beef. Gareth, the leader of Terminus, supervises the operation like a CEO, berating the butchers for not meeting quotas and following standard operating procedures. Not much different than how our mega-corporations are run today.</p> <p><img alt="thewalkingdead_season5_trailer" class="aligncenter wp-image-30012 colorbox-30002" height="269" src="" width="488" /></p> <p>The other fascinating similarity between the dystopian &ldquo;nightmare of want&rdquo; setting of Terminus and our modern day dystopian &ldquo;empire of excess&rdquo; is the use of false advertising and propaganda to lure &ldquo;customers&rdquo; into their web. Their version of billboard advertising has plywood with the hand written messages of &ldquo;Sanctuary for All&rdquo;, &ldquo;Community for All&rdquo;, and &ldquo;Those Who Arrive Survive&rdquo;. The Terminus cannibals would have fit in well on Madison Avenue with the highly paid spin artists, propagandists, and whores for the corporate oligarchs.</p> <p>The signs along train tracks and radio transmissions from a call center like facility showed the calculated business-like efficiency of the cannibals in systematically and methodically luring victims to their slaughterhouse. It is the same techniques used by the apostles of <strong><a href=";linkCode=w00&amp;linkId=ZT26JZYBFXJMFMAP&amp;creativeASIN=0970312598">Edward Bernays</a></strong> to consciously and intelligently manipulate the habits, opinions, tastes, ideas and actions of the masses, in order to control and influence their buying habits, voting decisions, and support of their rulers. The unseen men who constitute the &ldquo;invisible government&rdquo; use these techniques to keep the cattle docile, fed, and ignorant, as they are led to slaughter.</p> <p><img alt="" class="aligncenter" height="266" src="" width="476" /></p> <p>The government and lack thereof is always lurking in the murky background of how and why the United States has devolved into an infected world of the walking dead. This episode provided some clues about government labs producing viruses as weapons to be used against some unexplained enemy. The insinuation is that the government somehow lost control of the virus and the ensuing pandemic destroyed our modern world and left the survivors to battle the biters and each other for the remaining scraps. The Federal government caused the societal collapse and is nowhere to be found in rebuilding the nation.</p> <p>It is unclear how the apocalypse went down, but you can assume it began with fear, which led to panic, chaos, economic collapse, violent upheaval, war, and total breakdown of governmental authority and control. It is ironic that today fear of a worldwide ebola pandemic is coinciding with an inevitable economic implosion, wars raging in te Middle East, violent protests raging around the globe, and trust in governmental authority plunging to all-time lows. <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">The Walking Dead</a></strong> has wittingly or unwittingly captured the ambiance of our turbulent times.</p> <p>When you are faced with desperate circumstances you can either do whatever you need to survive or you can submissively accept your fate and die. Gareth and his cannibalistic cohorts had been in the same situation as Rick and his posse, but they had somehow turned the tables on their captors. Gareth&rsquo;s survival of the fittest creed was &ldquo;either you&rsquo;re the butcher or you&rsquo;re the cattle&rdquo;. Human beings react to intense pressure and life threatening situations in different ways. Some people snap and turn into monsters, like Gareth. Some people snap and lose their minds. Others, like Rick and Carol, summon an inner strength to do whatever it takes to survive while barely maintaining their humanity. Others turn into blind followers of a strong forceful leader, not questioning the morality, legality or humanity of what they are ordered to do. The line between right and wrong, necessary versus unnecessary, vengeance versus justice, and butcher versus cattle is blurred in a world without rules, government or accepted norms.</p> <p>I believe the &ldquo;butcher or cattle&rdquo; analogy is sadly a valid meme for the world we currently inhabit. In the <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a></strong> world, individuals must choose to be butcher or cattle. It&rsquo;s a Darwinian world of kill or be killed. Like minded individuals with common values and goals form communities to protect themselves, provide for themselves, and attempt to bring a semblance of order in a chaotic world. The community of Westbury, led by the governor and the community of Terminus, led by Gareth, are founded upon a foundation of evil and ultimately destroyed. Rick&rsquo;s community of liberty minded freedom fighters do whatever is necessary to survive, but retain their humanity, decency and desire to create a better world.</p> <p>Our present day world may not be as brutish as the <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a> </strong>world, though the line between reality and fiction is often indistinguishable when you turn on the news, but the distinction between butchers and cattle is clear. The elected and non-elected rulers of the deep state are the butchers, sending young men off to die for oil companies and arms dealers, impoverishing the masses through inflation and their control of the currency, and enriching themselves through their complete control of the political, financial, judicial, and economic systems. This establishment, or invisible government as Bernays described, is committed to its own enrichment and perpetuation. Its scope, financial resources, and global reach put it in a predator class all by itself.</p> <p>The common people are the cattle being led to slaughter. We are kept docile with incessant propaganda from the mainstream media; marketing messages to consume from Madison Avenue; filtered, adjusted, manipulated economic data fed to us by government agencies; an endless supply of iGadgets and other electronic distractions; government education designed to keep us ignorant; 24/7 reality TV on six hundred stations to keep us entertained; corporate toxic processed food to keep us obese and tame; and an endless supply of Wall Street supplied debt to keep us caged in our pens with no hope of escape. The butchers of the deep state have maintained control for decades, but we&rsquo;re entering a new era.</p> <p><strong><a href=";linkCode=w00&amp;linkId=HASBLK6LM5MQOUZI&amp;creativeASIN=0767900464">Fourth Turnings</a></strong> result in the tables being turned on the butchers. Some cattle are awakening from their stupor. They can see the bloody writing on the slaughterhouse wall. Anyone who isn&rsquo;t sensing a dramatic mood change in this country is either a mindless zombie or a functionary of the deep state. The financial shenanigans of the ruling class are again being revealed as nothing but a Ponzi scheme built on a foundation of debt and propped up by delusions and ignorance. When the house of cards collapses in the near future, the tables will turn. When people have nothing left to lose, they will lose it. The butchers will become the cattle. There will be no sanctuary for these evil men. Their reign of terror will be swept away in a whirlwind of retribution, death and destruction. It might even make the <strong><a href=";linkCode=w00&amp;linkId=OYUOHVGZOGCHYGY7&amp;creativeASIN=B00FFSTPDU">Walking Dead</a></strong> look like a walk in the park.</p> <p><img alt="" class="aligncenter" height="273" src="" width="481" /></p> <p>&nbsp;</p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="372" height="257" alt="" src="" /> </div> </div> </div> Afghanistan Brazil China Corruption France Germany Hong Kong Iraq Israel Italy Japan Madison Avenue Mexico Middle East Reality Recession Tax Fraud Ukraine Mon, 20 Oct 2014 23:44:08 +0000 Tyler Durden 495961 at "Anti-Petrodollar" CEO Of French Energy Giant Total Dies In Freak Plane Crash In Moscow <p><a href="">Three months ago, the CEO of Total, Christophe de Margerie, dared utter the phrase heard around the petrodollar world, &quot;<strong><em>There is no reason to pay for oil in dollars</em>,&quot;&nbsp;</strong> as we noted here</a>. Today, <a href="">RT reports </a>the dreadful news that he was <strong><span style="text-decoration: underline;">killed in a business jet crash at Vnukovo Airport in Moscow after the aircraft hit a snow-plough on take-off</span></strong>. The airport issued a statement confirming &quot;a criminal investigation has been opened into the violation of safety regulations,&quot; adding that along with 3 crewmembers on the plane, the snow-plough driver was also killed.</p> <p>&nbsp;</p> <blockquote class="twitter-tweet" lang="en"><p>CEO of France&#39;s Total dies in jet crash at Moscow&rsquo;s Vnukovo Airport &ndash; report <a href=""></a> <a href=""></a></p> <p>&mdash; RT (@RT_com) <a href="">October 20, 2014</a></p></blockquote> <script src="//"></script><p>De Margerie, 63, joined Total in 1974 after graduating from the École Supérieure de Commerce in Paris. He served in several positions in the Finance Department and Exploration &amp; Production division. In 1995, he became President of Total Middle East before joining the Total&#39;s Executive Committee as the President of the Exploration &amp; Production division in May 1999. In May 2006, he was appointed a member of the Board of Directors. He was appointed Chairman and Chief Executive Officer of Total on May 21, 2010.</p> <p>*&nbsp; *&nbsp; *</p> <p><iframe allowfullscreen="" frameborder="0" height="315" src="//" width="560"></iframe></p> <p><a href=""><em>As RT reports,</em></a></p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>According to preliminary data, the <strong>light aircraft collided with a snow-cleaning machine on takeoff,</strong> a source at the capital&rsquo;s airport told RIA.</p> <p>&nbsp;</p> <p><strong>The aircraft was sending distress signals while still in the air and reporting an engine fire and fuselage damage, LifeNews reports. Upon crashing on the runway, the aircraft was engulfed in flames, reportedly killing everyone on board.</strong></p> <p>&nbsp;</p> <p>While initials reports suggested four people died in the tragedy, officials report that five bodies were found at the crash site, one allegedly being the driver of the snow-cleaning vehicle.</p> <p>&nbsp;</p> <p>Vnukovo Airport has temporarily suspended all flights following the incident.</p> <p>&nbsp;</p> <p><strong>&ldquo;A criminal investigation has been opened into the violation of safety regulations</strong> after a light aircraft crash in the capital&#39;s Vnukovo airport,&rdquo; transport official Tatyana Morozova told RIA.</p> <p>&nbsp;</p> <p>An investigative group is working at the crash site, Morozova added. <strong>In addition to people who were on board the plane, she said, the driver snowplow was killed.</strong></p> <p>&nbsp;</p> <p><strong>Debris from the aircraft was scattered up to 200 meters from the crash site, according to the rescue services. The engine was found some 50 meters from the crash site, while one of the landing gears was ripped off and discovered nearly 200 meters from the main mass of debris.</strong></p> </blockquote> <p>*&nbsp; *&nbsp; *</p> <p>The plane he was aboard...</p> <blockquote class="twitter-tweet" lang="en"><p>DEVELOPING: Passenger of crashed plane was head of French oil company - reports <a href=""></a> <a href=""></a></p> <p>&mdash; RT (@RT_com) <a href="">October 20, 2014</a></p></blockquote> <script async src="//" charset="utf-8"></script><p>*&nbsp; *&nbsp; *</p> <p>Of course this could merely be a desparately sad accident... aside from the coincidence of this so recently...</p> <p>Christophe de Margerie, the <strong>CEO of Total</strong> (<a href="">the world&#39;s 13th biggest oil producer</a> and Europe&#39;s 2nd largest), believes &quot;<strong>There is no reason to pay for oil in dollars</strong>.&quot; Clearly, based onhis comments, that <a href="">we have passed peak Petrodollar</a>.</p> <p><a href=""><em>As Reuters reports,</em></a></p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>Oil major Total&#39;s chief executive said on Saturday the <strong>euro should have a bigger role in international trade although it was not possible to do without the U.S. dollar.</strong></p> <p>&nbsp;</p> <p>Christophe de Margerie was responding to questions about calls by French policymakers to find ways at EU level to bolster the use of the euro in international business following a record U.S. fine for BNP.</p> <p>&nbsp;</p> <p>...</p> <p>&nbsp;</p> <p><strong>&quot;There is no reason to pay for oil in dollars,&quot;</strong> he said. <span style="text-decoration: underline;"><strong>He said the fact that oil prices are quoted in dollars per barrel did not mean that payments actually had to be made in that currency.</strong></span></p> </blockquote> <p>So even a major beneficiary of the status quo appears to see the end in sight for the Petrodollar.</p> <p>*&nbsp; *&nbsp; *</p> <p>Furthermore,<strong> despite Western-imposed sanctions on Russia that prohibit western financing and technology transfer to some Russian energy projects, Total is continuing to pursue a natural gas project in Yamal, a joint venture with Russia&#39;s Novatek and China&#39;s CNPC.</strong></p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>&ldquo;Can we live without Russian gas in Europe? The answer is no. Are there any reasons to live without it? I think &ndash; and I&#39;m not defending the interests of Total in Russia &ndash; it is a no,&rdquo; the Total boss told Reuters back in summer.</p> </blockquote> <p>*&nbsp; *&nbsp; *</p> <p>And of course, it had to happen in Russia!</p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="405" height="288" alt="" src="" /> </div> </div> </div> China France Natural Gas Reuters Twitter Twitter Mon, 20 Oct 2014 23:10:55 +0000 Tyler Durden 495960 at The Crocodile Jaws Spring Open Again, Preparing To Bite <p>And with that, the eternal (and rhetorical) question once again resurfaces: <strong>who is right</strong> - bonds or stocks?</p> <p>Today...</p> <p><a href=""><img height="357" src="" width="600" /></a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>Now where have we seen this before? And how did it end? (only at least 8 times in the last week)</p> <p><a href=""><img alt="" src="" style="width: 600px; height: 359px;" /></a></p> <p>&nbsp;</p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="1684" height="1007" alt="" src="" /> </div> </div> </div> Mon, 20 Oct 2014 22:49:22 +0000 Tyler Durden 495959 at "We Are From The Government And We Are Here To Get Rid Of Ebola" <p>With Ron Klain now not expected to start his reign as Ebola Czar until Wednesday <em>(we assume he has some other deadly pandemic virus to take care of before switching over)</em>, The White House has just one message for the world...</p> <p>&nbsp;</p> <p><a href=""><img src="" width="600" height="327" /></a></p> <p>&nbsp;</p> <p><a href=""><em>Source: Globe &amp; Mail</em></a></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="1213" height="662" alt="" src="" /> </div> </div> </div> White House Mon, 20 Oct 2014 22:17:19 +0000 Tyler Durden 495958 at CIA Warned Obama that Funding Rebels Doesn’t Work … But Obama Decided to Fund Syrian Rebels ANYWAY For Cynical Political Gain <div class="entry-content"> <p style="text-align: center;"><a href="" target="_blank"><img alt="" class="aligncenter wp-image-38091" height="427.0" src="" title="Freda - Barbarians" width="790" /></a><em>Painting by <a href="" target="_blank" title="Anthony Freda">Anthony Freda</a>.</em></p> <h3 style="color: #000099;">&nbsp;</h3> <p>We&rsquo;ve pointed out for years that arming the Syrian and Libyan rebels to topple leaders we don&rsquo;t like <a href="" title="is a really stupid idea">is a really stupid idea</a>.</p> <p>It turns out that the CIA <em>agrees</em> with us.</p> <p>The New York Times <a href=";emc=rss&amp;_r=1" target="_blank" title="reports">reports</a>:</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>The&nbsp;Central Intelligence Agency&nbsp;has run guns to insurgencies across the world during its 67-year history &mdash; from Angola to Nicaragua to Cuba [to Syria].</p> <p>&nbsp;</p> <p>***</p> <p data-para-count="56" data-total-count="414">&nbsp;</p> <p data-para-count="56" data-total-count="414">An internal C.I.A. study has found that it <strong>rarely</strong> works.</p> <p data-para-count="465" data-total-count="879">&nbsp;</p> <p data-para-count="465" data-total-count="879">The still-classified review, one of several C.I.A. studies commissioned in 2012 and 2013 in the midst of the Obama administration&rsquo;s protracted debate about whether to wade into the Syrian civil war, concluded that <strong>many past attempts by the agency to arm foreign forces covertly had a minimal impact on the long-term outcome of a conflict. They were even less effective, the report found, when the militias fought without any direct American support on the ground</strong>.</p> <p data-para-count="312" data-total-count="1191">&nbsp;</p> <p data-para-count="312" data-total-count="1191" id="story-continues-2">***</p> <p>&nbsp;</p> <p>The findings of the study, described in recent weeks by current and former American government officials, were presented in the White House Situation Room and led to deep skepticism among some senior Obama administration officials about the wisdom of arming and training members of a fractured Syrian opposition.</p> <p data-para-count="215" data-total-count="1790">&nbsp;</p> <p data-para-count="215" data-total-count="1790">***</p> <p data-para-count="291" data-total-count="2081">&nbsp;</p> <p data-para-count="291" data-total-count="2081">&ldquo;<strong>One of the things that Obama wanted to know was: Did this ever work</strong>?&rdquo; said one former senior administration official who participated in the debate and spoke anonymously because he was discussing a classified report. <strong>The C.I.A. report</strong>, he said, &ldquo;<strong>was pretty dour in its conclusions.</strong>&rdquo;</p> <p data-para-count="388" data-total-count="2469">&nbsp;</p> <p data-para-count="388" data-total-count="2469" id="story-continues-3">***</p> <p data-para-count="388" data-total-count="2469">&nbsp;</p> <p data-para-count="388" data-total-count="2469">Mr. <strong>Obama made a veiled reference to the C.I.A. study</strong> in an interview with The New Yorker published this year. Speaking about the dispute over whether he should have armed the rebels earlier, Mr. Obama told the magazine: &ldquo;Very early in this process, <strong>I actually asked the C.I.A. to analyze examples of America financing and supplying arms to an insurgency in a country that actually worked out well. And they couldn&rsquo;t come up with much</strong>.&rdquo;</p> <p data-para-count="388" data-total-count="2469">&nbsp;</p> <p data-para-count="388" data-total-count="2469">***</p> <p data-para-count="164" data-total-count="7969">&nbsp;</p> <p data-para-count="164" data-total-count="7969" id="story-continues-9">Last month, Mr. Obama said he would <strong>redouble American efforts by having the Pentagon participate in arming and training rebel forces</strong>.</p> </blockquote> <p>Dan Froomkin &ndash; an investigative journalist with the Washington Post, HuffPost and now First Look (and a&nbsp;Democrat) &ndash; slams Obama for deciding to arm Syrian rebels even after the CIA told him it wouldn&rsquo;t work, in an article entitled &ldquo;<a href="" target="_blank" title="Obama Knew Arming Rebels Was Useless,&amp;nbsp; But Did It Anyway">Obama <em>Knew</em> Arming Rebels Was Useless,&nbsp; But Did It <em>Anyway</em></a>&ldquo;:</p> <blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p><strong>He knew better, <span style="text-decoration: underline;">but</span> <span style="text-decoration: underline;">he</span> <span style="text-decoration: underline;">did</span> <span style="text-decoration: underline;">it</span> <span style="text-decoration: underline;">anyway</span>.</strong></p> <p>&nbsp;</p> <p>***</p> <p>&nbsp;</p> <p>Bush at least thought the war in Iraq would do some good.</p> <p>&nbsp;</p> <p>He was incredibly wrong, mind you. He was both delusional &mdash; and actively manipulated by neocons like Dick Cheney (who believe the application of American power is always and inherently a good thing). He intentionally misled the public about his real reasons for going to war (the terrorist attacks of 9/11 were an excuse, <a href="" target="_blank" title="not a reason">not a reason</a>; there were no Iraqi weapons of mass destruction). His eventual goal was both unachievable (a sudden flowering of pro-Western democracy in the Middle East) and perverse (American control of Iraqi oil fields). His methods (firing all the Baathists; trying to install a corrupt puppet) were spectacularly misguided. Much of the rest of his presidency was consumed with sectarian warfare in Iraq and new lies to &nbsp;<a href="" target="_blank" title="cover up the old ones">cover up the old ones</a>&nbsp;at home. And the end result was a massive human rights catastrophe, including torture of U.S. detainees, a refugee crisis, mass casualties, social disorder and &ndash; finally &ndash; the Islamic State.</p> <p>&nbsp;</p> <p>Bush also certainly saw &ndash; and exploited &mdash; the political upside of being a war president.</p> <p>&nbsp;</p> <p><strong>But [at least Bush] didn&rsquo;t let loose the dogs of war simply because his political operatives told him it would poll well.</strong></p> </blockquote> <p>In response to embarrassment caused by the revelation that Obama agreed to arm the Syrian rebels <em>after</em> the CIA warned him it wouldn&rsquo;t do any good, the U.S. military is now saying they won&rsquo;t work with the Syrian rebels.</p> <p>Specifically, <a href="" target="_blank" title="General Allen">General Allen</a> &ndash; the head of America&rsquo;s anti-ISIS campaign &ndash; now says that the administration now <a href="" target="_blank" title="has no plans to ever coordinate ">has <em>no</em> plans to ever coordinate </a>with the Free Syrian Army (FSA) or any other of the <em>existing</em> rebel factions. He says they&rsquo;ll only work with a new coalition of &ldquo;moderate&rdquo; rebels.</p> <p>Sadly, there <a href="" title="aren’t any moderate rebels"><em>aren&rsquo;t any</em> moderate rebels</a> in Syria (and <a href=";ie=utf-8&amp;oe=utf-8&amp;aq=t&amp;rls=org.mozilla:en-US:official&amp;client=firefox-a&amp;channel=sb" target="_blank" title="see this">see this</a>).</p> <p><a href="" title="Virtually all of the arms">Virtually all of the arms</a> &ndash; and <a href="" target="_blank" title="humanitarian aid">humanitarian aid</a> &ndash; end up in the hands of the most brutal terrorists.</p> </div> <p>&nbsp;</p> Iraq Middle East Neocons New York Times Obama Administration White House Mon, 20 Oct 2014 21:52:48 +0000 George Washington 495947 at Santelli & Schiff: "A Messy Exit Is A Given... Ending QE Will Plunge US Into Severe Recession" <p>"<strong>Markets are slowly coming to grips with reality</strong> is not going to be as easy as everybody thought," Peter Schiff tells CNBC's Rick Santelli, noting the pick up in volatility across asset classes recently. What The Fed clearly does not understand, Schiff blasts, is that "<strong>you cannot end quantitative easing without plunging the US into a severe recession</strong>." Because of the Fed's extreme monetary policy and the mal-investment that flows from it, Schiff says, "The US economy is more screwed up now than it's ever been in history." Most prophetically, we suspect, <strong>Santelli agrees that "a messy exit is a given,"</strong> and Schiff believes they know that and that is why <strong>QE4 is coming simply "because it hasn't worked and they can't admit it's been a dismal failure."</strong></p> <p>&nbsp;</p> <p>The two oddly-similar-tie-wearing skeptics go on to discuss the catalysts for slowdown aside from QE exit and the endgame...</p> <p>&nbsp;</p> <p><iframe src=";size=530_298" width="530" height="298"></iframe></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="462" height="301" alt="" src="" /> </div> </div> </div> Monetary Policy Peter Schiff Quantitative Easing Reality Recession Rick Santelli Volatility Mon, 20 Oct 2014 21:49:58 +0000 Tyler Durden 495940 at