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Tyler Durden's picture

Washington Navy Yard Shooting Timeline And Recap: 13 Dead, One Suspect Still Sought For Questioning





Below is the latest summary of today's tragic mass shooting at the Washington Navy Yards which has led to 13 deaths so far.

 
Tyler Durden's picture

White House Statement On Navy Shootings: "Listen To Authorities"





The White House has issued a statement regarding the dismal situation in Washington:

The President has been briefed several times about the unfolding situation at the Washington Navy Yard by Assistant to the President for Homeland Security and Counterterrorism Lisa Monaco and Deputy Chief of Staff Alyssa Mastromanaco. The President directed his team to stay in touch with our federal partners, including the Navy and FBI, as well as the local officials.  We urge citizens to listen to the authorities and follow directions from the first responders on site.

The latest news is that:

  • *AT LEAST 12 SHOT - MULTIPLE FATALITIES REPORTED AT DC NAVY YARD SHOOTING**
  • *SIX SCHOOLS IN WASH. DC ON LOCKDOWN ON SHOOTING, WJLA REPORTS
 
Tyler Durden's picture

The NSA's "Transparency" Thwarted... By A Fax Machine





Starting two weeks ago, requests faxed to the Office of the Secretary of Defense (OSD) started coming back as undeliverable. After several subsequent attempts and troubleshooting on our end, MuckRock reached out to the OSD. Sure enough, their fax machine is down... possibly until November. Now, in 2013, you wouldn't think this would be an issue. But when an agency accepts FOIA requests by a) fax, b) mail or c) a clunky online request portal that doesn't play nice with other systems, suddenly that fax machine becomes a technical linchpin. It bears repeating: The office that oversees the most powerful military in history (not to mention the best-funded) is unable to project when its single fax machine will once again be operational.

 
Tyler Durden's picture

Guest Post: 10 Chemical Weapons Attacks The U.S. Government Doesn’t Want You To Know About





A couple of weeks ago we highlighted the fact that declassified documents analyzed by Foreign Policy proved that the U.S. government knew about Saddam Hussein’s egregious use of chemical weapons and in fact we helped him be more effective in their deployment. Well unfortunately that’s just the tip of the American chemical weapons iceberg. From white phosphorus and depleted uranium (DU) usage in Iraq, to secret radioactive tests in poor black neighborhoods within the U.S. itself, the list is pretty horrific. While one might be able to say that this is the reality of war, then what the heck are we doing entering a civil war in a country where chemical weapons are being used that poses no threat to us?

 
Capitalist Exploits's picture

Nowhere to Hide





The war against privacy is ultimately being fought to make sure you don't keep anything hidden when the global government funding crises comes to a head.

 
Tyler Durden's picture

Meet "BOSS": The Department Of Homeland Security's Facial Scanning Program





Ever heard of BOSS? Didn’t think so. BOSS stands for Biometric Optical Surveillance System, and it is a crowd-scanning program that has been in development by the Department of Homeland Security (DHS) for almost three years now. Did you catch that? This is the DHS, the ridiculously dangerous, cancerous, gargantuan waste of money our “leaders” foolishly created after 9/11 to prevent “terrorism.” Whereas in the beginning most people actually believed the DHS was there to stop cave dwellers with terroristic tendencies, it is now completely clear that its primary mission is to protect the oligarchs and political criminals from domestic dissent.

 
Pivotfarm's picture

NSA Lies! NEW New Revelations





You know when one of the kids pilfers something out the fridge when they shouldn’t be delving in there and you catch them with the cake crumbs crumbling from the corner of their mouth?

 
Tyler Durden's picture

Welcome To The Silk Road: A Mind-Blowing Interview With Dread Pirate Roberts





Most readers have probably heard of the Silk Road. No, not the historical trade routes that linked Europe to Asia, but rather the online illegal drug marketplace accessible only via anonymity browsing software Tor, and where the only currency accepted is Bitcoin. Those of you who have heard about it, probably know far less about the man that runs it. A character who only goes by the name Dread Pirate Roberts. Irrespective of what you think of the Silk Road specifically, there is no doubt it has led the way in figuring out a way to retain a certain level of anonymity and privacy within the surveillance state due to the nature of its business. We can all learn from, and hopefully improve on their tactics, as we transition from extreme centralization to a more decentralized and freer world. 

 
Tyler Durden's picture

Futures Push Higher On Reflexive, Paradoxical News Ahead Of Key Retail Sales Print





It's only fitting that in a bizarro new normal, the news that passes for positive is either conflicting, reflexive or, well, simply bizarre. Last night was no exception as the "good" news came in the form of speculation that in order to promote its consumption tax hike, the Abe government would consider a corporate tax cut. How that helps the country with the 1 quadrillion yen in debt is not exactly clear, or how it makes consumer tax hikes any more palatable in a nation in which more people than anywhere in the world are retired and elderly, and thus removed from the corporate lifecycle, is just as nebulous. But the market liked it. Just as it liked the good ole' European cop out, of posting a surge in consumer confidence, or relying on reflexive indicators to represent an improvement in the economy, when in reality the only thing "improving" is the stock market. This happened when the German ZEW Economic Sentiment survey soared from 36.3 to 42.0 on expectations of a 39.9 print. So one must buy futures, or that's what the GETCO algo programming says.

 
Tyler Durden's picture

Forget Apology: Eric Holder Owes The American People A Resignation





Bloomberg's Jon Weil, who has compiled the following stunning array of lies regarding the DOJ's enforcement activity disclosed by none other than its head, Eric Holder, is far too kind when he says that the "fast and furious" Holder owes the American people an apology. What we really owes is at least a resignation (and frankly much more, but it is too early on Monday to become too politically incorrect). And considering that the DOJ in its now former employee Lanny Brauer's words refused to prosecute those banks which were deemed "too big to prosecute", the lying here has now became a meta phenomenon, as the DOJ is effectively caught lying about lying. How many more meta levels of higher up fraud "inception" can Holder take this, before the American people finally demand his head, metaphorically-speaking of course? Sadly, judging by the response to unprecedented scandals coming out of this administration so far, the answer is... more.

 
Tyler Durden's picture

Another 2 Year Old Zero Hedge Story Goes Mainstream, And A Glimpse Inside The BLS' "Frontrunning" Data Room





Those who did not read Zero Hedge in March 2011 will be shocked, shocked to learn that yet another "news" service, one owned by Deutsche Börse, was merely disguising as an HFT-facilitating, instanews disseminating, speed roadblock removing provider, who just happened to charge $375,000 per year for its frontrunning services. The firm in question, as the WSJ reports today, was "founded by an investment firm and now owned by the Deutsche Börse stock exchange, Need To Know News has operated with an overriding mission: sending data directly from the government through high-speed lines to financial firms that are able to trade on it instantly. Some have paid $375,000 a year for the service." Of course, those who did read Zero Hedge in March 2011 will already know all about Deutsche Boerse's "news dissemination" strategy which was covered here first with "Alpha Flash: For All Your Nanosecond, Collocated, Algorithmic Frontrunning Needs" in which we tongue-in-cheekly asked "Ever feel like your nanosecond algorithmic frontrunning skills are becoming obsolete? Unable to scalp even a few extra pennies from illiterate orphans, widows and kittens armed with REDIPlus 9.0? Despair not, for Deutsche Boerse [and Need to Know News LLC] has Alpha Flash just for you."

 
Tyler Durden's picture

Equity Futures Slide More On Resignation Taper Is Just Around The Corner





Despite an overnight surge in the Chinese markets, with the Shanghai Composite closing up 2.4% following reports that China will not only continue with its "liquidity tightening" operation by, paradoxically, cutting RRR for smaller banks, but launch a stimulus for several Chinese provinces and city governments "on the quiet" in the form of jumbo-sized bank loans, and GDP news in Japan that were so bad they were almost good (although not bad enough to close the Nikkei in the green) US futures continue to take on water following the second worst week of 2013 as the market now appears resigned to a Taper announcement in just over 5 weeks (as we have claimed since May). News in Europe continues to be bipolar, with the big picture confirming that only dark skies lie ahead following yesterday's news that a new Greek bailout is just around the corner, or rather just after the Merkel reelection (even though Kotthaus perpetuated the lies and said a second cut in Greek debt is not on the agenda - although maybe he is not lying: maybe only Greek deposits will be cut this time), offset by on the margin improvements in the economic headlines, even as credit creation remains not only non-existent but as the FT reports (one year after Zero Hedge), some €3.2 trillion in financial deleveraging is still on deck meaning an unprecedented contraction in all credit-driven aggregates (one of which of course is GDP).

 
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