The euro “might start to unravel” if Deutsche Bank collapses according to respected financial journalist, Matthew Lynn. “It all has a very 2008 feel to it …” he warns and outlines his and our growing concerns about Deutsche Bank.
The highly-anticipated first presidential debate of 2016 is finally upon us and here are all the things that you need to know but are likely too lazy or simply not interested enough to track down on your own
Last week we noted that the Chicago police union was urging its members to deny overtime requests for the holiday weekend "to protest" the "disrespect of Chicago Police Officers"...it should probably come as no surprise then that the city saw a massive spike in homicides.
Chicago's Fraternal Order of Police is urging members to stay home this Labor Day weekend "to protest the continued disrespect of Chicago Police Officers and the killings of Law Enforcement Officers across our Country."
It’s been two years since Illinois state government had a full-year budget. Now, more than 70,000 vendors are owed $8.2 billion. Yet, despite the legislative deadlock and seemingly fiscal insolvency, more than $50 billion in state payments flowed to providers and other entities in FY2016.So, who actually got paid and for how much while others waited in the long line of unpaid bills?
Chicago is launching a creepy new campaign to blanket the mega-city in more surveillance through its Array of Things, creating a network of (at least) 500 sensors devices that will be shared in a growing Big Data cloud. The data will be publicly ‘released’ and also shared with city officials, “policy makers”, scientists/experts, law enforcement and (surely) government agencies, all of whom will process and analyze the data.
The August market doldrums were on display on the last day of the month as S&P futures were fractionally lower on non-existent volume, while both Europe and Asia were modestly in the green; ten-year Treasury yields headed for the biggest monthly jump in more than a year while the dhe dollar gained for a sixth day against the yen in the longest winning streak since March. European stocks advanced for a second day, adding to a monthly gain as oil trimmed its advance in the best month since April.
Illinois Governor Bruce Rauner was furious on Friday after unsuccessfully waging a last-minute battle to block the Teacher Retirement System pension fund from cutting its long-term return assumption from 7.5% to 7.0%, a move that puts the cash-strapped state government on the hook for up to $500 millions of dollars more in the short term.
...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.