We believe Ferguson will be seen as a major turning point. The point in which many well-intentioned, but incredibly naive folks in white mainstream America woke up to what we have become. Many people, particularly those in the media, have been willfully ignorant about the destruction of freedom and civil liberties in America. The events in Fergus have taken a gigantic mirror and successfully pointed it squarely at our civil society and the image it has reflected back is one of a horrific, militarized, authoritarian monster. So how did this transformation occur and what does it mean going forward?
Having apparently learned their lesson, the police presence in Ferguson tonight is considerably less 'robo-cop' and more 'local-cop'. Hundreds of protesters continue to peacefully march in the streets, chanting "no justice, no peace."
As one protester noted - "The revolution will not be televised... It will be Vine'd, Tweet'd, & Instagram'd."
Protests across America - NYPD Level 2 Mobilization
While ISIS has issued direct threats against the US in the past week now that the US is officially droning and "humanitarianly advising" it (after having armed it for the past year), until now it was largely broad, diffuse statements. That changed in the last few hours when ABC reported a photo has emerged via Twitter which shows a hand holding up an image of a flag for ISIS, displayed on a smartphone, on Pennsylvania Avenue in front of the White House fence, an area which is frequented by thousands of tourists every day. The photo was tweeted from an apparently pro-ISIS Twitter handle @sunna_rev on Aug. 9.
Those people piling into bonds on bad retail sales numbers based upon antiquated retail correlations are in for one big surprise.
Embattled Iraqi Prime Minister Nouri al-Maliki has agreed to step aside and support his nominated replacement in the post, according to Shiite lawmakers via AP. In an statement on state-run TV, Maliki declared support for al-Abadi, leaving his post "to not let one Iraqi blood drop be shed because of me." Of course, what really matters is what concessions were offered. In the past, Mr. Abadi has worried that American military presence was exacerbating sectarian tensions. Perhaps most notably, Maliki stated "Intelligence apparatuses behind the sectarian strife in the region." - CIA?
As we feared during the day yesterday, when night fell in Ferguson, a combination of massive SWAT team presence and an increasingly disillusioned citizenry were a recipe for disaster. Over 70 heavily-armed police enforced quasi-martial-law in the troubled town, at least 10 people were arrested, tear gas and rubber bullets were unleashed, and 2 reporters were (briefly) arrested. Perhaps Rep. Justin Amash summed it up best, "Is this a war zone or a US city? Gov't escalates tensions w/military equipment & tactics."
The Russian 'aid' convoy continues to wend its way closer and closer to the East Ukraine border. As NYTimes reports, moving at a steady 50 miles per hour, more than 200 commercial trucks and some army trucks with white tarpaulins set out before daybreak from a military base in the city of Voronezh, where the convoy had halted for more than a day after protests from Kiev. It is now around 30 miles east of Ukraine, stopped in Kamensk-Shakhtinsky. Here is the a full look at the convoy, its contents, and the helicopters and tanks surrounding it...
This is especially the case in Ukraine where the currency has lost more than half of its value versus gold (see chart above and below). Gold in Ukraine Hrvynia is up 70% since the start of 2014. People who own gold in Ukraine would laugh at you, if you said that gold is not a safe haven. As would people in many countries in South America, the Middle East and Africa.
Massive SWAT Presence In Ferguson Unleash Tear Gas & Rubber Bullets: "Go Home Or Be Subject To Arrest - This Is Not Open For Discussion" - Live FeedSubmitted by Tyler Durden on 08/13/2014 23:07 -0400
At least 70 SWAT moving civilians along: "this is not open for discussion", "your rights to assemble are not being denied", 2 reporters arrested for "not packing bags fast enough"
Police are firing rubber bullets and tear gas - "This is no longer a peaceful assembly. Go home or be subject to arrest," says the loudspeaker.
Protesters exclaimed, "we have a right to assemble, a right to freedom," said Paul Muhammad. "But here we are facing what looks like a military imposing martial law. It is not acceptable." Interestingly, President Obama's official response "urging reflection" has been rejected as insultingly inadequate by many African American residents of Ferguson.
If you are fortunate enough to have a job in America today, the phrase "just over broke" probably describes you. Yes, there are a handful of jobs that certainly pay very well, but most Americans that work for somebody else are just barely making it from month to month. More than half of all working Americans are living paycheck to paycheck, and more than half of all working Americans make less than $30,000 a year. Something has gone horribly wrong, and yet our leaders just keep telling us how wonderful our economy is.
This just happened...
1645ET *PALESTINIAN NEGOTIATOR SAYS TRUCE EXTENDED BY 5 DAYS
1659ET *THREE MORE GAZA ROCKETS HIT ISRAEL, ARMY SAYS
1729ET *IDF TOLD TO RESPOND TO PALESTINIAN CEASEFIRE BREACH: HAARETZ
1740ET *ISRAELI WARPLANES BOMBING GAZA: AL JAZEERA
For the record, Hamas denies responsibility for the rockets. We presume that "ceasefire" means something different in Gaza?
UPDATE: *BRAZIL PRES. CANDIDATE CAMPOS DIES IN PLANE CRASH: GLOBONEWS
Brazil's stock market is reeling this morning as rumors and now news hit that Brazilian Presidential candidate Eduardo Campos was on board a private jet that crashed in the city of Santos. Polls had put Mr. Campos head-to-head with Ms. Rousseff (but behind Ms. Silva). A police official in Santos said there were "certainly" fatalities in the crash, but could not say how many or provide any additional information. Campos had run on a platform of less government intervention and proposed a bill to ensure central bank indpendence.
Is $85 a barrel in the cards? Sure it is once the Fed Effect on Oil Price comes out of the market.
- Obama says Missouri shooting death tragic, reflection needed (Reuters)
- U.S. Weighs Iraq Rescue Mission to Save Yazidis (WSJ)
- Maliki says Abadi's appointment as Iraqi PM 'has no value' (Reuters)
- Iran Joins U.S. in Backing Replacement for Iraq’s Maliki (BBG)
- Kurds Push Attack in North Iraq as Maliki Clings to Power (BBG)
- Obama Donors Embrace Corporate Inversions He Criticizes (BBG)
- Syrian Forces Advance on Aleppo, Rebels Fear Another Siege (WSJ)
- Israel, Palestinians pursue Gaza deal with ceasefire clock ticking (Reuters)
- Ebola Drug’s Success Bolsters Approach for Other Diseases (BBG)
- With Natural Gas Byproduct, Iran Sidesteps Sanctions (NYT)
- Kazakhs to Hoard Food as Putin Sanctions Rattle Alliance (BBG)
The riots and looting that erupted in Ferguson is symptomatic of something much more worrisome in America. This is a problem that is brewing and is extremely dangerous to say the least. The killing of this black teen is not simply racism. The problems are much deeper. Claiming this is just racism deflects the entire issue and makes it simply black-v-white. This is something far more serious for it is impacting our entire society. The police are being transformed from protecting the public into protecting government from the public. Most do not even see what transformation they have gone through.