• Tim Knight from...
    02/06/2016 - 00:25
    What we must remember is this: we are in a bear market, and the risk of a countertrend rally is present, but confined. The opportunity on the downside movement dwarfs the risk of a push higher, as...
  • Phoenix Capital...
    02/06/2016 - 10:15
    2008 was caused by derivatives based on consumer-focused assets (houses). The next crisis will be driven by derivatives on government-focused assets (bonds).

The Onion

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Pros & Cons Of Obama's $10/Barrel Oil Tax





With President Obama unveiling his $10/Barrel tax plan to fund government-subsidized public transportatation (versus an individual's choice over his method transportation), we thought a glimpse at the pros and cons of such a choice may be useful...

 
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Congress Wants To Turn The US Postal Service... Into A Bank





The Postal Service desperately needs cash. So what better way to raise capital than to sucker unsuspecting Americans into opening up Postal bank accounts? There’s a term for this. It’s called a Ponzi Scheme.

 
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Not 'The Onion' - Hillary Clinton Is Now Running On Her Foreign Policy "Strengths"





When it comes to watching the Hillary Clinton campaign, you need to be prepared for increasingly suicidal and irrational acts of desperation. While the most pathetic of all her shameless acts was saying she is sponsored by Wall Street as a result of the terror attacks on 9/11, the hits just keep on coming.

 
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Not The Onion: US Government Is Taking Credit For Bringing Peace To Syria





State Department spokesperson John Kirby is raising eyebrows after he released a reap of 2015 “success stories” in which he credits the United States for bringing “peace” and “security” to Syria and “stepping up” to help the country’s people at a difficult time. Using the hashtag #2015in5words to highlight last year’s wins, Kirby boasted: “Bringing Peace, Security to Syria.”

 
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The Christmas Spirit Of Staring Into Screens Together





“It’s just great to get home for a while and spend some quality time not speaking a single word to my relatives, whether that’s by sipping hot cocoa with my sister while we both check our emails, or by gathering the whole clan for a nice holiday meal where everyone is fixedly looking down at the text messages on their phones—’tis the season, you know?”

 
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Coming To America? Somalia, Brunei Ban Christmas To Avoid Damage To Muslim Faith





The governments of both Somalia and Brunei have prohibited public festivities celebrating Christmas saying that they could damage the Muslim faith. Of course, as we saw yesterday, this kind of suppressive, micro-aggression is already here in America (at Cornell University) but while Mistletoe and crosses are banned here, Brunei's Sultan Hassanal Bolkiah has banned "hats or clothes that resemble Santa Claus," fearing they could "provoke al-Shabab to carry out attacks." No, this is not from The Onion.

 
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How To Defeat ISIS (In 9 Simple Steps)





Having fixed the greatest threat to the world - climate change - and following the deadly Paris attacks and numerous other violent incidents perpetrated by the terror group ISIS, many governments and populations worldwide are wondering how we can eliminate this threat. Here are some strategies to defeat the Islamic State...

 
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How Refugees Are Admitted Into The U.S.





The United States’ effort to accept Syrian refugees seeking asylum has been the subject of much controversy over security concerns and the rigor of the vetting process. Here are the (satirical) steps involved in a refugee’s arrival in America...

 
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Trump Tops Clinton As Cruz Crushes Crashing "Clueless" Carson





The latest poll following the attacks in Paris, by Fox News, shows Donald Trump moving ahead of Democrat-front-runner Hillary Clinton (in a head-to-head match up if the election were held today), but it is the turmoiling below the surface of the GOP nominations that is garnering most headlines. After a week or two of hope for GOP leadership, as Ben Carson appeared to catch up to Trump, the retired neurosurgon's lies and weakness on foreign policy ("he clearly has no idea what he's talking about," as one Iowa GOP insider noted), have sent his poll numbers reeling... and Cruz surging.

 
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No Joke! The Onion Predicted All Of This Back In 2003





“George W. Bush may think that a war against Iraq is the solution to our problems, but the reality is, it will only serve to create far more,” read a 2003 article on The Onion a week after then-President George Bush launched the Iraq War. While a wide variety of organizations and individuals also rebuked that invasion, the satirical newspaper offered one of the most accurate assessments to date. So accurate, in fact, it all but predicted the rise of the Islamic State.

 
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Wealthiest Americans Ominously Remind Nation They Could Easily Drop Another $10 Billion On Election





“We want to make it completely clear to voters that there’s absolutely no reason - none at all - why we couldn’t shell out another $10 billion between now and next November,”

 
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Central Banker Urges Lying To The Public About Bank Health





For years, many had mocked both European and US stress tests as futile exercises in boosting investor and public confidence, which instead of being taken seriously repeatedly failed to highlight failing banks such as Dexia, Bankia and all the Greek banks, in the process rendering the exercise a total farce.  The implication of course, is that regulators, thus central bankers, openly lied to the public over and over just to preserve what little confidence in the system has left.  Now we know that this is precisely the policy intent: as Reuters reports citing a paper co-authored by a Bundesbank economist, "banking supervisors should withhold some information when they publish stress test results to prevent both bank runs and excessive risk taking by lenders."

In other words: lie.

 
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How Trump Continues To Lead In The Polls





Recent polls indicate that, despite public outcry against his incendiary comments on women and minorities, Donald Trump is still the leading Republican candidate. Here are some reasons Trump stays so popular with his supporters...

 
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Weekend Reading: Just A Correction, Or Something Else





"You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in wonderland, and I show you how deep the rabbit hole goes." - Morpheus, The Matrix

 
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