• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

KIM

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Should You Believe What They Tell You? Or What You See?





Sometimes I wish I could just passively accept what my government monarchs and their mainstream media mouthpieces feed me on a daily basis. Why do I have to question everything I’m told? Life would be much simpler and I could concentrate on more important things like the size of Kim Kardashian’s ass... The willfully ignorant masses, dumbed down by government education, lured into obesity by corporate toxic packaged sludge disguised as food products, manipulated, controlled and molded by an unseen governing class of rich men, and kept docile through never ending corporate media propaganda, are nothing but pawns to the arrogant sociopathic pricks pulling the wires in this corporate fascist empire of debt.

 
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GOP To "Roll The Dice" With Cromnibus Vote In Minutes, "No Official Plan B"





With just over 3 hours left until a completely unexpected government shutdown, what was supposed to be a token vote (as we called it), ended up being yet another debacle for House republicans under Boehner, when it turned out - literally in the last second - that the republicans do not have the required votes. So here is what happens next.

 
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Leaked Document: Ukraine's Government Set To Eliminate... Everything





In reality, bureaucrats and politicians who produce nothing of value parasitically choke off the productive class through onerous taxation and regulation. This cannot last forever, because at some point they will have no hosts left to feed off of. Ukraine is the perfect example of this right now. In a leaked version of a new budget proposal (in Ukrainian), we are seeing the drastic extent to which bankrupt governments feed on their hosts.

 
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Meet China's Morlocks: 1 Million Beijing Residents Live Undeground





For an estimated 1 million Beijing residents, dubbed the "rat tribe", living above ground (or in ghost cities) is a luxury they simply cannot afford. As NPR reports, with even the tiniest apartment costing a fortune (and 21 million people fighting for space), there has emerged a new 'affordable' housing option... below the city's bustling streets. Thanks to building codes that force the creation of basements and bomb shelters under new residences, there's a lot of underground space (1 - 3 floors down) that is illegally - but affordably - used for habitation. With the Shanghai Composite stock index up over 40% year-to-date, creating wealth and trickling down, how can this be possible?

 
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19 Signs That You Live In A Country That Has Gone Completely Insane





Do you ever feel like you are living in a “Bizarro World”?

 
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The Increasing Cracks In The Silicon Valley Mirror





There’s probably no other place more enthralled with its own state of being today than Silicon Valley. Now probably more than ever the tech capital just might be believing their own hype more now, than in the “glory days” of the 90’s.

 
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The Story Of "Bill"





Now, get back to your Kim Kardashian apps...

 
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The Reason Small Businesses Are Disappearing, As Explained By A Small Business Owner





"I started this business a few years ago with savings of 15k. With a lot of hard work and determination i have succeeded, but it sure as hell was not easy. I am a long time lurker and have never seen anyone go in depth about what its like to own a small business and the reason why they are disappearing. Without going into to much detail, i own a furniture store so obviously things are different then other businesses but a lot of the things are the same. I wanted to begin with the things that are killing small businesses."

 
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Republicans Furious After Obama Announces Will Give 5 Million Illegal Immigrants "Executive Amnesty", Work Permits





The "compromise" refrain from last week's devastating, for the democrats, midterm election result lasted about one week. Because according to the NYT, here comes Obama with a package of executive actions which will assure Congress full of furious Republicans, which will result in a broad overhaul of the nation’s immigration enforcement system but more importantly, will result in up to five million potential democrat voter illegal immigrants "from the threat of deportation and provide many of them with work permits, according to administration officials who have direct knowledge of the plan."

 
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Frontrunning: November 12





  • Banks to Pay $3.3 Billion in FX-Manipulation Probe (BBG)
  • Symbolic being the key word: U.S., China sign symbolic emissions plan, play down rivalry (Reuters)
  • Europe (so really Russian sanctions) is the new "snow in the winter" - Carney Sees Europe Stagnation Impact as Growth Outlook Cut (BBG)
  • Eurozone Industrial Output Points to Weak Third Quarter Growth (WSJ)
  • Not everyone around Abe is insane: Kuroda Ally Flags Warning on Delaying Sales-Tax Increase (BBG)
  • Hong Kong to scrap daily yuan conversion limit to boost stock investment (Reuters)
  • Barclays Falls After FX Settlement Delay Reduces Discount (BBG)
  • Some unhappy Yahoo investors asking AOL for rescue (Reuters)
 
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America's Next Economic Bonanza: Bigger Butts





The U.S. booty business is getting a big bump, as AP reports companies are cashing in on growing demand from women seeking the more curvaceous figures of their favorite stars. While Millennials may spend most of their day sitting on their Minaj-esque "big fat butts" playing Kardashian, the business of boosting butts is bursting. From padded panties and gym classes that promise plumper posteriors to the "Brazilian butt lift," in which fat is sucked from a patient's stomach, love handles or back and put into their buttocks and hips, French sociologist Jean-Claude Kaufmann says "there's a trend to show off the buttocks in place of breasts due to the rise of Beyonce," Jennifer Lopez, and more recently Meghan Trainor. The bottom line - butt lifts and implants are the fastest growing plastic surgery, helping GDP at a cost of $10-13k each.

 
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Broke, Living In A Basement, With "Negative Savings": This Is What Millennials Spend Their Money On





When work is punished, homes are unaffordable, the American Dream is over, Milennials are burning through their assets or going into debt to survive... So just what is it that they are spending their hard-signed-up-for-benefits money on? We have the answer: Kim Kardashian: Hollywood, the freemium app in which you climb up to the A-list next to Kim Kardashian, made $43.4 million in Q3.

 
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According To Russell Napier Which World Has No Volume, No Volatility And Rising Prices? The USSR





There it was --- a real market come and gone in half an hour, like a pregnant panda at Edinburgh zoo. What did it mean and what should you do? You should pay attention to what happens to the direction of prices when volumes surge and markets work. When the veil is lifted, pay attention to what you see beneath. Last Wednesday, in the space of half an hour of active trading, the Treasury market had one of its most rapid rises ever recorded and equities fell sharply. There is a very simple lesson that when the markets finally break through the manipulation they move to price in deflation and not inflation. This is key because it means financial repression has failed. Such repression requires the artificial depression of interest rates but, crucially, it must be paired with boosting inflation above such rates. On October 15th 2014, if only for a few short minutes, market forces broke out and the failure of central bankers was briefly evident.

 
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Frontrunning: October 29





  • Fed set to end one crisis chapter even as global risks rise (Reuters)... you mean, for the third time?
  • Insider-Trading Probe Focuses on Medicare Agency (WSJ)
  • He's sorry: Rajoy Apologizes as New Wave of Graft Allegations Hits Spain (BBG)
  • China could 'punish' Hong Kong over protests, says ex-HK central bank chief (Reuters)
  • Dubai Insists the Boom is Not a Bubble This Time Around (BBG)
  • Bank-Data Sharing Accord Expands Push to Find Tax Cheats (BBG)
  • Deutsche Bank Sinks to Third-Quarter Loss on Legal Costs (BBG)
  • Kim Jong Un Executes 10 Officials for Watching Soap Operas (BBG)
  • French drugmaker Sanofi sacks CEO Viehbacher (Reuters)
 
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