Oklahoma

Children Of The American Police State: Just Another Brick In The Wall

If you want a nation of criminals, treat the citizenry like criminals. If you want young people who grow up seeing themselves as prisoners, run the schools like prisons. But if you want to raise up a generation who will actually operate with justice, fairness, accountability and equality towards each other and their government, then run the schools like freedom forums. Remove the metal detectors and surveillance cameras, re-assign the cops elsewhere, and start treating our nation’s young people like citizens of a republic and not inmates in a police state.

Obamacare Is Rapidly Becoming The Poster-Child For American Inequality

The best thing about Obama (from an oligarch’s perspective), is his uncanny ability to push through upward redistributive wealth policies while still maintaining a phony aura of caring about the little guy amongst so many of his apparently lobotomized supporters.

Don't Count Yer Clintons Yet - It Ain't Over Till It's Over

What America has in Hillary Clinton is a potential president with the charisma but not the competence of Angela Merkel, and the ethics of Dilma Rousseff. Yet, still, on the mega-issue, America’s desire for change, and on specific issues, Trump holds something close to a full house. The coming economic news — we had 1 percent growth in the first half of 2016 — could cause a second look at Trumponomics. And whoever is out there strategically dropping Democratic emails may be readying an October surprise for Hillary Clinton, a massive document dump that buries her.

The True Story Of How War Broke Out In Syria

...The CIA agents running the Deraa operation from their office in Jordan had already provided the weapons and cash needed to fuel the flames of revolution in Syria.   With enough money and weapons, you can start a revolution anywhere in the world. In reality, the uprising in Deraa in March 2011 was not fueled by graffiti written by teenagers, and there were no disgruntled parents demanding their children to be freed.    This was part of the Hollywood style script written by skilled CIA agents, who had been given a mission: to destroy Syria for the purpose of regime change.  Deraa was only Act 1: Scene 1.

Aetna Posts $300 Million Obamacare Loss, Warns May Exit Altogether

After every other major US health insurance provider admitted to generating substantial losses on Obamcare, earlier today Aetna became the latest to report that its annual loss on Obamacare plans would be more than $300 million. More ominously, Aetna joined the biggest US health insurer UnitedHealth in reviewing how, if at all, it would continue providing ACA services in the 15 states it's currently in.

The Key Thing To Watch For In Today's FOMC Statement

The Fed is expected to stay on hold today. Given the Fed’s dovish reaction to the weak May employment report, SocGen expects that officials are likely to be reluctant to commit to any particular path just yet (despite the longest streak of economically positive surprise in US history). In the absence of any signal regarding the next hike, attention will fall on their characterization of the economy. Here are five things to watch in the statement...

US Futures, Global Markets Storm Higher As More Details Emerge About Japan's "Helicopter Money"

The global meltup continues with the S&P set to open at new all time highs, some 20 points higher from yesterday's close, however the driver for the latest rally is not so much the imminent BOE announcement which is expected to cut rates by 25 bps from 0.50%, but a dramatic surge in the USDJPY just after 1am Eastern when Bloomberg revealed more details about Ben Bernanke's masterplan for Japan's helicopter money.

Nomi Prins: Trump Wins (Even If He Loses)

Early on in his presidential bid, Donald Trump began touting his anti-establishment credentials. When it worked, he ran with it. It was a posture that proved pure gold in the Republican primaries, and was even, in one sense, true. After all, he’d never been part of the political establishment nor held public office, nor had any of his family members or wives. His actual relationship to the establishment is, however, complex in an opportunistic way.

 

Sanders To Back Clinton, Trump May Announce VP In Coming Days

Tomorrow Hillary Clinton will be speaking in New Hampshire and she will be joined by Bernie Sanders. Expectations are for Sanders to endorse Hillary as we inch closer to election time. The support from Sanders is expected to be on the common ground of improving America (whatever that means). Additionally, Donald Trump said Monday that he expects to decide on his vice presidential pick by the end of the week and that he is leaning toward a "political" pick rather than a "military" one.

Coal Production Collapses To 35-Year Low

Coal production in the first three months of 2016 was 173 million short tons, the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981.