Clik here to view.
The Bernanke Conundrum
By EconMattersBen Bernanke gave a press conference after the last Fed decision where he laid out the Fed`s plans for exiting their stimulus program and the market to put it bluntly freaked out with...
View ArticleGreenwald: "The US Government Should Be On Its Knees Every Day Praying That...
Edward Snowden may be America's persona most non grata in the entire world, but he has an insurance policy against "accidents": a treasure trove of supposedly damaging secrets about the US that will...
View ArticleClik here to view.
George Zimmerman Found Not Guilty
For those who care. BREAKING: Jury acquits George Zimmerman of second-degree murder in shooting of Trayvon Martin -RJJ— The Associated Press (@AP) July 14, 2013Al Sharpton and the entire MSNBC cast ,...
View ArticleClik here to view.
The Public Responds To Zimmerman Verdict
A jury of six women found neighborhood watch volunteer George Zimmerman not guilty of all charges on Saturday in the shooting of Trayvon Martin. Here are some quotes from key figures involved in the...
View ArticleClik here to view.
Prism: Everybody Was in on the Act
Follow ZeroHedge in Real-TimeLooks like everybody was in on the act with complying with the National Security Agency’s spying around the world according to secret files. The Guardian newspaper of the...
View ArticleThe Day After: Widespread Angry Protests, Tactical Alerts, Some Vandalism, No...
Despite the worst fears of many that this morning America might wake up to a redux of a flaming Compton and Watts, so far there have been no widespread riots or looting, even if vandalism has broken...
View ArticleAssad Army Discovers Syrian Rebels' Chemical Weapons Cache
While it has become difficult to distinguish fact from fiction from mere propaganda when it comes to events in Syria, the general plot line is a simple one: "X/Y has chemical weapons so the ["free and...
View Article10 Alternative Headlines For An Exuberant Equity Week
Sometimes it is what is not discussed among the mainstream media that is most critical to understanding the new normal...Government's ownership of Consumer Credit rises to all-time high - so does Dow...
View ArticleClik here to view.
Spot The Grotesque Retail Sales Seasonal Adjustment Outlier
By now everyone knows that when all else fails with propaganda data manipulation, the US government goes right to Plan B: the X-12-ARIMA seasonal adjustment program (full 257 instruction manual here)....
View ArticleThe iLectricChair: Woman Electrocuted To Death By Her Charging iPhone
"Her neck had an obvious electronic injury," was the local Public Security Bureau's findings following the death of Ma Ailun, a 23-year old Chinese woman whose family alleges she was electrocuted by...
View ArticleClik here to view.
Goldman Joins JPM In Cutting Q2 GDP To 1% Stall Speed; A "Funny Chart"...
Last week it was JPM just somewhat contradicting Jamie Dimon's "kid gloves" CNBC infomercial, when it slashed its Q1 GDP forecast from 2% to 1% (and about to be revised to sub-stall speed). Today,...
View ArticleClik here to view.
Olive Oil And Feta Cheese Not Accepted By ECB As Collateral, But...
... everything else (give or take) is. Why? Because a long, long time ago Europe ran out of encumbrable assets to pledge against fresh loans so it is forced to recycle existing collateral over, and...
View ArticleClik here to view.
Guest Post: The Overworked And The Idle
Submitted by Charles Hugh-Smith of OfTwoMinds blog,A society of the increasingly overworked and involuntarily idle is not a stable or happy one. Though I don't have any data on this, anecdotal evidence...
View ArticleClik here to view.
The One Chart Explanation Behind Ben Bernanke's "Open Mouth Operation" Scramble
Two months ago Ben Bernanke, using his trusty mouthpiece Jon Hilsenrath, floated a trial balloon that a tapering of bond purchases is coming, necessitated by the drop in gross US TSY issuance and lower...
View ArticleGermany's Humiliating Takedown Of The Coopted, Corrupt, Complicit, Corporate...
As the mainstream American press goes after NSA whistleblower Edward Snowden and Guardian journalist Glenn Greenwald, Germany's Spiegel note that the leakers' revelations appear to becoming an...
View ArticleClik here to view.
Guest Post: 10 Points To Consider In The Natural-Gas-Vehicle Debate
Submitted by Energy Burrito via OilPrice.com,The perception of natural gas as a mainstream fuel for vehicles runs the gamut, dependent upon where you live: from the improbable... to the viable... to...
View ArticleEFSF Downgraded To AA+, Or French Fitch Flunks EFSF Following France Flub
Prompted by their FrAAAnce downgrade to AA+, French-owned Fitch has downgraded Europe's last best promise/hope - the EFSF - from AAA to AA+... but the crisis is still behind us - we are assure by such...
View ArticleClik here to view.
Don't Be A Banker In These European Countries
As everyone knows, the only reason to become a banker, and be subject to constant derision, abuse, scorn and hatred by the "99%", and potentially to a fate comparable to that of the aristocracy in...
View ArticleClik here to view.
NAHB Ignores Recent Housing Shock, Thinks The Happiest Thoughts Since 2006
Homebuilder stocks are already giving back their spike gains from the surreal "if we hope it, they will buy" numbers from the NAHB on future sales expectations but we thought - given the unprecedented...
View ArticleClik here to view.
Is This The Chart Reflecting The True State Of The US Economy?
By now even five year-olds understand two simple things: i) the market is no longer a discounting mechanism thanks to the Fed's 4+ year experiment in manipulating equities in order to generate a...
View Article