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RaMBoZo BLoWBaCK... Posted by: williambanzai7 Post date: 08/27/2013 - Chess is a violent sport...We've all heard this record before... (here, have another freedom lie)

























Peter King want's to give you a blow job.





Tony Blair needs to shut his fucking pie hole, Pronto!












The US is prepping for war

Their actions we all should abhor

A nation now dies

As Freedom now lies

We've all heard this record before

The Limerick King





End of Hope, Original painting by George Grosz



The U.S. Has Repeatedly Falsely Accused Others of Chemical and Biological Weapons Use Posted by : George Washington Post date: 08/27/2013 - But the U.S., Britain and Israel have Used Chemical Weapons within the Last 10 Years



22 Reasons Why Starting World War 3 In The Middle East Is A Really Bad Idea

Tomahawk cruise missileWhile most of the country is obsessing over Miley Cyrus, the Obama administration is preparing a military attack against Syria which has the potential of starting World War 3.  In fact, it is being reported that cruise missile strikes could begin "as early as Thursday".  The Obama administration is pledging that the strikes will be "limited", but what happens when the Syrians fight back?  What happens if they sink a U.S. naval vessel or they have agents start hitting targets inside the United States?  Then we would have a full-blown war on our hands.  And what happens if the Syrians decide to retaliate by hitting Israel?  If Syrian missiles start raining down on Tel Aviv, Israel will be extremely tempted to absolutely flatten Damascus, and they are more than capable of doing precisely that.  And of course Hezbollah and Iran are not likely to just sit idly by as their close ally Syria is battered into oblivion.  We are looking at a scenario where the entire Middle East could be set aflame, and that might only be just the beginning.  Russia and China are sternly warning the U.S. government not to get involved in Syria, and by starting a war with Syria we will do an extraordinary amount of damage to our relationships with those two global superpowers.  Could this be the beginning of a chain of events that could eventually lead to a massive global conflict with Russia and China on one side and the United States on the other?  Of course it will not happen immediately, but I fear that what is happening now is setting the stage for some really bad things.  The following are 22 reasons why starting World War 3 in the Middle East is a really bad idea... (Read More....)

#1 The American people are overwhelmingly against going to war with Syria...

Americans strongly oppose U.S. intervention in Syria's civil war and believe Washington should stay out of the conflict even if reports that Syria's government used deadly chemicals to attack civilians are confirmed, a Reuters/Ipsos poll says.

About 60 percent of Americans surveyed said the United States should not intervene in Syria's civil war, while just 9 percent thought President Barack Obama should act.

#2 At this point, a war in Syria is even more unpopular with the American people than Congress is.

#3 The Obama administration has not gotten approval to go to war with Syria from Congress as the U.S. Constitution requires.

#4 The United States does not have the approval of the United Nations to attack Syria and it is not going to be getting it.

#5 Syria has said that it will use "all means available" to defend itself if the United States attacks.  Would that include terror attacks in the United States itself?

#6 Syrian Foreign Minister Walid Muallem made the following statement on Tuesday...

"We have two options: either to surrender, or to defend ourselves with the means at our disposal. The second choice is the best: we will defend ourselves"

#7 Russia has just sent their most advanced anti-ship missiles to Syria.  What do you think would happen if images of sinking U.S. naval vessels were to come flashing across our television screens?

#8 When the United States attacks Syria, there is a very good chance that Syria will attack Israel.  Just check out what one Syrian official said recently...

A member of the Syrian Ba'ath national council Halef al-Muftah, until recently the Syrian propaganda minister's aide, said on Monday that Damascus views Israel as "behind the aggression and therefore it will come under fire" should Syria be attacked by the United States.

In an interview for the American radio station Sawa in Arabic, President Bashar Assad's fellow party member said: "We have strategic weapons and we can retaliate. Essentially, the strategic weapons are aimed at Israel."

Al-Muftah stressed that the US's threats will not influence the Syrain regime and added that "If the US or Israel err through aggression and exploit the chemical issue, the region will go up in endless flames, affecting not only the area's security, but the world's."

#9 If Syria attacks Israel, the consequences could be absolutely catastrophic.  Israeli Prime Minister Benjamin Netanyahu is promising that any attack will be responded to "forcefully"...

"We are not a party to this civil war in Syria but if we identify any attempt to attack us we will respond and we will respond forcefully"

#10 Hezbollah will likely do whatever it can to fight for the survival of the Assad regime.  That could include striking targets inside both the United States and Israel.

#11 Iran's closest ally is Syria.  Will Iran sit idly by as their closest ally is removed from the chessboard?

#12 Starting a war with Syria will cause significant damage to our relationship with Russia.  On Tuesday, Deputy Prime Minister Dmitry Rogozin said that the West is acting like a "monkey with a hand grenade".

#13 Starting a war with Syria will cause significant damage to our relationship with China.  And what will happen if the Chinese decide to start dumping the massive amount of U.S. debt that it is holding?  Interest rates would absolutely skyrocket and we would rapidly be facing a nightmare scenario.

#14 Dr. Jerome Corsi and Walid Shoebat have compiled some startling evidence that it was actually the Syrian rebels that the U.S. is supporting that were responsible for the chemical weapons attack that is being used as justification to go to war with Syria...

With the assistance of former PLO member and native Arabic-speaker Walid Shoebat, WND has assembled evidence from various Middle Eastern sources that cast doubt on Obama administration claims the Assad government is responsible for last week’s attack.

You can examine the evidence for yourself right here.

#15 As Pat Buchanan recently noted, it would have made absolutely no sense for the Assad regime to use chemical weapons on defenseless women and children.  The only people who would benefit from such an attack would be the rebels...

The basic question that needs to be asked about this horrific attack on civilians, which appears to be gas related, is: Cui bono?

To whose benefit would the use of nerve gas on Syrian women and children redound? Certainly not Assad’s, as we can see from the furor and threats against him that the use of gas has produced.

The sole beneficiary of this apparent use of poison gas against civilians in rebel-held territory appears to be the rebels, who have long sought to have us come in and fight their war.

#16 If the Saudis really want to topple the Assad regime, they should do it themselves.  They should not expect the United States to do their dirty work for them.

#17 A former commander of U.S. Central Command has said that a U.S. attack on Syria would result in "a full-throated, very, very serious war".

#18 A war in the Middle East will be bad for the financial markets.  The Dow was down about 170 points today and concern about war with Syria was the primary reason.

#19 A war in the Middle East will cause the price of oil to go up.  On Tuesday, the price of U.S. oil rose to about $109 a barrel.

#20 There is no way in the world that the U.S. government should be backing the Syrian rebels.  As I discussed a few days ago, the rebels have pledged loyalty to al-Qaeda, they have beheaded numerous Christians and they have massacred entire Christian villages.  If the U.S. government helps these lunatics take power in Syria it will be a complete and utter disaster.

#21 A lot of innocent civilians inside Syria will end up getting killed.  Already, a lot of Syrians are expressing concern about what "foreign intervention" will mean for them and their families...

"I've always been a supporter of foreign intervention, but now that it seems like a reality, I've been worrying that my family could be hurt or killed," said one woman, Zaina, who opposes Assad. "I'm afraid of a military strike now."

"The big fear is that they'll make the same mistakes they made in Libya and Iraq," said Ziyad, a man in his 50s. "They'll hit civilian targets, and then they'll cry that it was by mistake, but we'll get killed in the thousands."

#22 If the U.S. government insists on going to war with Syria without the approval of the American people, the U.S. Congress or the United Nations, we are going to lose a lot of friends and a lot of credibility around the globe.  It truly is a sad day when Russia looks like "the good guys" and we look like "the bad guys".

What good could possibly come out of getting involved in Syria?  As I wrote about the other day, the "rebels" that Obama is backing are rabidly anti-Christian, rabidly anti-Israel and rabidly anti-western.  If they take control of Syria, that nation will be far more unstable and far more of a hotbed for terrorism than it is now.

And the downside of getting involved in Syria is absolutely enormous.  Syria, Iran and Hezbollah all have agents inside this country, and if they decide to start blowing stuff up that will wake up the American people to the horror of war really quick.  And by attacking Syria, the United States could cause a major regional war to erupt in the Middle East which could eventually lead to World War 3.

I don't know about you, but I think that starting World War 3 in the Middle East is a really bad idea.

Let us hope that cooler heads prevail before things spin totally out of control.


Obama Administration Copies Bush’s Sidelining of Weapons Inspectors In Iraq Posted by : George Washington Post date: 08/28/2013 - Debunking U.S. Claims about UN Weapons Inspections In Syria


Without Fraud and Accounting Gimmicks, Earnings Are Falling... Posted by: Phoenix Capital... Post date: 08/28/2013 - If you remove this sector, then earnings for the S&P 500 in the second quarter so far are DOWN 2.9%


I'M A DRoNe MaN! Posted by: williambanzai7 Post date: 08/28/2013 - I have a drone or two!

I'M A DRoNe MaN!

williambanzai7's picture








(I'm a Soul Man, Sam and Dave)


Comin' to you on a Waziri mountain road

Evil lovin', I got a C4 Butt Load

And when you get it, you got nothing

So don't worry, 'cause I'm a coming

I'm a drone man,

I'm a drone man

I'm a drone man,

I'm a drone man,

I'll bomb it all

You get what I got the hard way

And I'll make it bigger each and every day

So pijamy jihadi, don't you fret

'Cause you ain't seen nothing yet

I'm a Drone man,

I'm a drone man, play it General

I'm a Drone man,

I'm a Drone man

I was brought up on a Hawaiian street,

listen now

I learned how to hula before I could eat

I was educated on choomba weed

When I start a bongin', oh, you can't sleep

I'm a drone man,

I'm a drone man

I'm a drone man,

I'm a drone man

Well, smoke the hopium

and I'll pull you in

Give me the bong and I'll bomb your kin

Yeah, yeah, yeah, yeah

I'm talkin' about a drone man

I'm a drone man, and you're a droned man

I'm a drone man, oh no, drone man

I'm a drone man,

and you're a droned man







I HAVE A DRONE (Reissue)

Just check out Obama's new drone

"In The Land Of The Free" it is flown

Nothing will save
"The Home Of The Brave"

Tyrannical forces have grown

The Limerick King

























DRONE MAN (Slight Return)
































































72 Types Of Americans That Are Considered “Potential Terrorists” In Official Government Documents

Prison Camp

Are you a conservative, a libertarian, a Christian or a gun owner?  Are you opposed to abortion, globalism, Communism, illegal immigration, the United Nations or the New World Order?  Do you believe in conspiracy theories, do you believe that we are living in the “end times” or do you ever visit alternative news websites (such as this one)?  If you answered yes to any of those questions, you are a “potential terrorist” according to official U.S. government documents.  At one time, the term “terrorist” was used very narrowly.  The government applied that label to people like Osama bin Laden and other Islamic jihadists.  But now the Obama administration is removing all references to Islam from terror training materials, and instead the term “terrorist” is being applied to large groups of American citizens.  And if you are a “terrorist”, that means that you have no rights and the government can treat you just like it treats the terrorists that are being held at Guantanamo Bay.  So if you belong to a group of people that is now being referred to as “potential terrorists”, please (Read More....)

August 26th, 2013 | Tags: Alternative News, Christian, Conservative, Conspriacy Theories, End Times, Globalism, Gun Owner, Libertarian, Michael T. Snyder, Potential Terrorists, The New World Order | Category: Conspiracy, Police State, Society's War On Christianity | 67 comments

The Human Race Is Dying: DNA Degeneration Would Eventually Lead To The Total Extinction Of Humanity

DNA - Photo by Christoph Bock

The human race is dying.  It certainly won’t happen this year or even this decade, but the steady degeneration of human DNA would eventually lead to the total extinction of humanity given enough time.  The reason that we are heading toward extinction is the increasing number of mutations that are being passed down from generation to generation.  According to Dr. John Sanford of Cornell University, every one of us already carries tens of thousands of harmful mutations, and each of us will pass on approximately 100 new mutations to future generations.  Humanity is degenerating at an accelerating pace, and at some point the number of mutations will become so great that we will no longer be able to produce viable offspring.  This is not going to happen in the immediate future, but already signs of DNA degeneration are all around us.  Despite all of our advanced technology, genetically-related diseases are absolutely exploding.  Our bodies are weak and frail, and with each passing generation it is getting even worse.

Most people don’t understand this.  Most average people on the street just assume that the human race will be able to go on indefinitely.

But the geneticists that carefully (Read More....)


Israelis Rush For Gas Masks, Brace For Retaliation Ahead of Strike on Syria...
Syrian PM warns country will become a 'graveyard for invaders'...
UN: 'Give peace a chance'...
'I Have Not Made a Decision'...
Iran: 'Thousands of missiles' to rain on Jewish state...
REPORT: Calls intercepted 'prove' nerve gas...
Jordan: We won't help...
Oil Reaches Two-Year High...
The worst and least-bad scenarios...
Congressman to Boehner: Call House Back Now...


More Than 200 Detroit Teachers Moonlighting As 'Sugar Babies'...

Coretta Scott King in 1991: Hold Employers Accountable for Hiring Illegals...


Jim Rogers Warns Syria War And "Market Panic" To Send Gold "Much, Much Higher"

Astute investor, Jim Rogers has warned overnight in an interview with Tara Joseph of Reuters that "oil and gold will go much, much higher" due to "market panic" regarding Syria and the coming end of free money... "when this artificial sea of liquidity ends we're gonna see panic in a lot of markets, including in the US, including in West developed markets."



Nigerian Scam Emails To Get Facelift Thanks To Goldman, UBS, Credit Suisse

Nigeria, Africa's top oil-producing nation, has a problem - too much money in its sovereign wealth fund and no idea what to do with it. Have no fear though, for as Reuters reports, Goldman Sachs, UBS, and Credit Suisse have kindly responded (to emails from long-lost cousins?) and will be allowed to managed 20% of Nigeria's $1 billion fund (which is meant to cushion against oil price shocks - good timing?) This should come as no surprise to Zero Hedge readers as we have been discussing Africa as the only place left in the world capable of incremental debt capacity (and therefore growth). There are consequences (the boom-bust cycle) to this politically-motivated capital inflow; but for now the Nigerian Sovereign Investment Authority (NSIA) states (in a reassuring manner) that the banks will invest "the fund's assets conservatively, with capital preservation in nominal terms being of primary importance," which 'nominally' fits with UBS managing their Treasury exposure and GS and CS their corporate debt exposures.



Obama "Concludes" That Assad Carried Out Chemical Attack



Boehner Sends Obama Letter Demanding "Clear, Unambiguous Explanation" For Syrian Intervention

The letter below was sent a short while ago by House Speaker John Boehner to the president, voicing the Republican's displeasure with the Commander In chief, and criticizing the level of consultation about a potential military strike as well as demanding a clear explanation of any mission in advance of its start. Sadly, since not even Obama is quite clear why his Wall Street-based advisors demand that the US rush head first into this deficit-boosting campaign (and whose primary purpose as we have been explaining for a month is to make the Untaper possible), we doubt Boehner will get a response. Separately, as the WSJ reports, 114 House lawmakers— 97 Republicans and only 17 Democrats— have signed a letter calling on Mr. Obama to seek congressional authorization before embarking on military action in Syria. We suspect that 17 would have been substantially greater if the president engaging in unauthorized war had a last name beginning with "Buh" and ending in "Oosh."



August US Equity Trading Volume Plunges To Lowest In 16 Years

Earlier we showed one indicator of the US investor's (should they exist anymore) loss of interest in the Federal-Reserve-sponsored equity market - i.e. CNBC ratings at 20-year lows. In the interest of being more fair-and-balanced we present anther perspective... US equity trading volume in August of 2013 is the lowest on average in 16 years... and all-time highs, middle-east war, taper, weak macro, housing un-recovery, German elections, Asian FX crisis will do little to improve that risk-appetite for the retiring boomer army.



Bill Ackman's Final JCP Liquidation Price: $12.60/Share

"Citigroup Global Markets Inc. is acting as underwriter of the offering. We and the Selling Stockholders have entered into an underwriting agreement with the underwriter. Subject to the terms and conditions of the underwriting agreement, the Selling Stockholders have agreed to sell to the underwriter, and the underwriter has agreed to purchase 39,075,771 shares of common stock at a price of $12.60 per share, which will result in $492,354,715 of aggregate proceeds to the Selling Stockholders before expenses. The underwriter is committed to purchase all the common shares offered by the Selling Stockholders if it purchases any shares."



Here’s What Candidate Obama Said About Military Intervention In 2007

Q. In what circumstances, if any, would the president have constitutional authority to bomb Iran without seeking a use-of-force authorization from Congress? (Specifically, what about the strategic bombing of suspected nuclear sites — a situation that does not involve stopping an IMMINENT threat?)

Obama:  The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.

- Interview with Charlie Savage, December 20, 2007



Volumeless 'Dead-Dog-Bounce' In Stocks Fades Into Close On "I Believe" Day

With crude prices at multi-year highs and India promising to save its oil companies it is perhaps not entirely surprising that all the attention in this opposite world pushed the Energy sector (most notably the biggest names) to lead the market higher on low volumes today. Sadly, Chevron and Exxon accounted for 40 of the Dow's 48 point gain and the S&P energy sector gained an impressive 1.8% as the rest sat around close to unchanged (and Staples lower). Treasuries began selling off from the Asian open last night with the belly 6-7bps higher in yield on the day (-3-5bps on the week)... But 330RAMP was missing as all indices gave back considerable gains into the close with Trannies red (and S&P at its 100DMA again).



A Brief Visual History Of US Military Interventions

Since the Vietnam War, the United States has engaged in several military interventions. As the West looks ready to act against Syria, accused of using chemical weapons against its own citizens, WaPo presents 10 instances when America has intervened, sometimes without authorization from the United Nations.



The Chart That Every Taxpayer Deserves To See

This chart seems to sum up our fiscal challenges as well as anything else...



50 Years After MLK: Obama Shares His Dream - Live Webcast

President Obama commemorates 50 years of "believing"... in jobs and freedom



This Is How America Gets Educated On Syria



Guest Post: A History Of Real GDP & Population Growth

Despite trillions of dollars of interventions and zero interest rates by the Federal Reserve, combined with numerous bailouts, supports and assistance from the Federal Government, the economy has yet to gain any real traction particularly on "Main Street."  Are we currently experiencing the second "Great Depression?"  That is a question that we can continue to debate currently, however, it will only be answered for certain when future historians judge this period. One thing is for sure.  With the lowest rate of annualized economic growth on record there is a problem currently that is not being adequately recognized. The depression may indeed be on "Main Street" once again with the only difference being that the "breadlines" are formed in the mailbox rather than on street corners. And while many are quick to dismiss comparisons to the Great Depression, there is one important difference: the rate of population growth which, as opposed to the depression era, has been on a steady and consistent decline since the 1950's.



Nigel Farage Warns "Military Intervention In Syria Could Lead To Something Far Bigger"

While Nigel Farage personal view that it is 'probable' that Assad did what the US and British are accusing him of, he notes "it is not absolutely certain," and before we go to war, "we must have absolute proof and certainty." Commenting on the British and US seeming enthusiasm for another Middle Eastern 'war', Farage provides a few minutes of common sense in this brief clip when he notes that Europe remains split - though "moral outrage" at the accusations will likely mean they support the attacks (adding that "moral outrage alone is not enough to warrant attacks."). The UKIP leader then warned that "military intervention in Syria could lead to something far bigger, and even more worrying than we are seeing at the moment." Finally, Farage notes that "whenever we get involved in the Middle East, we tend to make things worse, not better," and as ghastly as the actions being committed are, there is nothing the British (or American) military can do to make things better.



"MainStreet Bank" Chairman Stole Bailout Cash For Florida House Purchase

While unlikely to surprise too many people, the chairman of the ironically-named "MainStreet Bank" used over one-third of the TARP-supplied funds his bank received to buy himself a luxury home. Darryl Woods plead guilty to using $381,000 of the TARP funds to buy waterfront Florida property "at a time when many Americans were losing their homes," the US District Attorney exclaimed. Disgustingly, Mr Woods had previously written to TARP regulators describing Mainstreet as a small community bank and saying the funds "will provide vitally needed infusions to a bleeding patient." As The BBC reports, his wrongdoing was uncovered when regulators began examining how the money was used - which has so far uncovered 140 cases of misused funds...



Assad: Failure Awaits the USA Posted by: Pivotfarm Post date: 08/27/2013 - Syrian President Bachar al-Assad has warned President Obama not to take military action against his country since: “Failure awaits the United States as in all previous wars it has unleashed, starting...


7 Countries In 5 Years

Presented with little comment aside to note that it seems appropriate to watch the following 133 seconds to get some context of just what is occurring once again...



The Dummies Guide To Understanding The Middle East

Over the weekend we laid out the textual "short guide to the Middle East", today we provide the graphic (visual) version of the dummies guide to the Middle East. Simple, right?



Final Obamacare "Individual Mandate" Rules Released: This Is What You Will Pay

With president Obama taking his role as Warmonger-In-Chief ever more seriously, it is easy to forget that the only important function before the greatest presidential teleprompter reader in history, is that of Socialized Healthcare Provider-in-Comrade. And so today, in the fog of pre-war, the Obama administration released the final rules on the "Individual Mandate" component of Obamacare, which requires most Americans to buy health insurance starting in 2014 or be fined. Specifically, the rules list lay out the amount of penalties that Americans will face if they opt out of socialized healthcare. The WSJ was kind enough to read the Treasury Department release and summarize it as follows.



What A US Strike On Syria Would Look Like

In the event of a punitive strike or a limited operation to reduce Syrian President Bashar al Assad's chemical weapons delivery capability -- for instance, by targeting key command and control facilities, main air bases and known artillery sites -- the United States already has enough forces positioned to commence operations.




Syria Evacuates Troops From Damascus Military Base, Al Arabiya Reports

Just a headline from Bloomberg, citing Alarabiya, for now:


*   Syrian army is clearing the 4th Battalion base in Damascus, Arabiya reports, citing activists in the city.

More as we see it.



O.J.Simpson Homeless? JPMorgan Finally Forecloses After 3 Years

Murder (acquitted), armed robbery (convicted), kidnapping (convicted), and now foreclosure... It really hasn't been a good decade (or two) for O.J. Simpson. As NYPost reports, after 3 years of non-payment, none other than JPMorgan will foreclose on Simpson's 4,233 square feet, four-bedroom home in Florida. Still, he won't be entirely homeless, he has a 'big house' to share with a few 'friends' for the next 33 years...



Barclays Warns About The Oil Price "Spillover Effects" From Syria

The increasing likelihood of some form of limited US led military action in Syria is compounding concerns about the stability of the world’s key oil producing region and Barclays warns that it will likely exert upward pressure on prices until the nature of the possible military intervention becomes apparent. But the bigger risk for the oil market is the potential for the Syrian conflict to spread to neighboring producing countries and imperil regional output, as the Syrian conflict is fueling broader sectarian tensions across the entire Middle East and has become something of a proxy war. The problem for global oil prices is that all of this Middle East volatility is taking place against the backdrop of a recent rise in unplanned outages in the oil market outside Syria. In sum, Barclays is concerned that with geopolitical tension and physical outages on the rise, crude oil markets are at an inflection point.



Syriana: Russia's Latest Official Statements







Guest Post: The Long View On Interest Rates

There has been much discussion as of late about the need for interest rates to rise as they have been historically way too low for too long.  However, is that really the case? The average long term interest rate in the U.S. has been 5.49%  (median is 4.91%) since 1854.  However, that average rate would be much lower if the "spike" in interest rates in the 1960's and 70's were removed which would mean that the current long term interest rate is likely more aligned currently with historical norms.  This is particularly the case when compared to the much slower rates of economic growth that currently exists. What we find find most interesting currently are the ongoing discussions about whether or not the U.S. is in a recession.  The reality is that such discussions are relatively pointless in the broader context.  The "Great Depression" was not just one very long "recessionary" period but rather two recessions that "bookended" a period of relatively strong economic growth.



Selloffnado: Perfect Macro Storm Clobbers Stocks

An ugly day all around...

30Y Treasury yield - biggest 4-day yield compression in 15 months
Dow Transports - biggest single-day loss in ~5 months (2nd worst in 11 months)
Nasdaq - 2nd worst day in 10 months
AAPL - worst day in 3 months (2nd worst day of 2013)
USDJPY - biggest gain in JPY in 10 weeks
WTI - biggest single-day gain in 10 months
Financials - worst day in 10 months

In no particular order: Weak (and strong) US data (good or bad news?), War, Taper (Treasuries 'special'), Debt Ceiling, German elections, New Fed Chairman, imploding developing markets and collapsing global currencies... (S&P 500's first close <100DMA in 2013) it is on... (oh and S&P 500 futures 2nd biggest volume day in 2 months)



Guest Post: The Immense (And Needless) Human Misery Caused By Speculative Credit Bubbles

Financialization and the Neocolonial Model of credit-based exploitation leave immense human suffering in their wake when speculative credit bubbles inevitably implode.



Meet Saudi Arabia's Bandar bin Sultan: The Puppetmaster Behind The Syrian War

Yesterday the Telegraph's Evans-Pritchard dug up a note that we had posted almost a month ago, relating to the "secret" meeting between Saudi Arabia and Russia, in which Saudi's influential intelligence chief Prince Bandar bin Sultan met with Putin and regaled him with gifts, including a multi-billion arms deal and a promise that Saudi is "ready to help Moscow play a bigger role in the Middle East at a time when the United States is disengaging from the region", if only Putin would agree to give up his alliance with Syria's al-Assad and let Syria take over, ostensibly including control of the country's all important natgas transit infrastructure. What was not emphasized by the Telegraph is that Putin laughed at the proposal and brushed aside the Saudi desperation by simply saying "nyet." However, what neither the Telegraph, nor we three weeks ago, picked up on, is what happened after Putin put Syria in its place. We now know, and it's a doozy.



On The Looming Federal 'Helium' Reserve Cliff (No, Really!)

The US has been stockpiling helium in ‘The Federal Helium Reserve’ (no, really) – an underground reservoir near Amarillo – since it was built in 1929. There is also a processing plant and 450 miles of pipelines. The US produces about 75% of the world’s helium, with half of that stored in the aforementioned reserve. Although helium is abundant, it is not economically feasible to capture and extract it from the atmosphere. The problem is that the Congress passed ‘The Helium Privatization Act’ in 1996, which stated that the government would effectively end sales from the reservoir once its debt was paid off. And this is expected to happen in, um, early October.



Uncle Sam Comes Callin', Asks Jamie Dimon For Another $6 Billion

The US is demanding a sum of $6 billion - the total loss associated with the "London Whale" debacle - in compensation for JPMorgan's mis-selling of mortgage-backed-securities. The FT reports that, unsurprisingly, the bank is resisting the payment, which would be its single biggest penalty in a catalog of expensive run-ins with US authorities and one of the largest post-crisis settlements by any bank. The FHFA said the bank falsely claimed that loans backing $33bn of mortgage-backed securities complied with underwriting guidelines and that it "significantly overstated the ability of the borrowers to repay their mortgage loans". It seems, perhaps, it is time to trade in the old jewelry for some new Kremlin cufflinks (the enemy of your enemy is your friend?)



S&P 500 Futures Lose Critical Technical Level

For the first time since the most recent rally began in November, S&P 500 futures have retested (and broken below) the 100-day moving average within days of a previous break (without making new highs). It would appear the BTFD mentaliity is less exuberant with war and a tapering Fed in the background. And for those great rotators... 30Y yields are at 2 week lows...




FLASHBACK: Biden Wanted to Impeach Bush for Attack w/o Congress...
Strike within days...
Warplanes begin arriving in Cyprus...
Armed forces 'making contingency plans'...
White House: Not regime change!
Arab Allies Withhold Support...
NKOREA caught trying to send gas masks, weapons to Syria...
Oil Reaches 18-Month High...
Russia warns 'catastrophic consequences'...
Kucinich: USA Will Become 'al-Qaeda's air force'...
'Rebels' vow revenge attacks...
POLL: Attack On Syria Would Be Most Unpopular...



UPDATE: 'Homeland Security' employee behind racist website placed on PAID leave...

SHOCK: Pre-teen black kids bully 3-year-old white girl...

VIDEO: 'When white people piss black people off'...

COPS: Black teen girls assault white woman; charged with 'ethnic intimidation'...

PAPER: Black man attacks elderly white male, tells him he 'shouldn't be in his park'...

SCHOOL: Black student sent racist texts to himself...






{ The final nail in america’s global coffin! Really! }

BUCHANAN: Congress should veto...
Strike within days...
Warplanes begin arriving in Cyprus...
Armed forces 'making contingency plans' for military action...
Russia evacuates 90 people ...
Says West Acting Like 'Monkey With Hand Grenade'...
Top Syrian Official: Obama 'Completely Wrong'; 'Produce The Evidence'...

Cory Booker: So What If I'm Gay? { Wobama’s a gay nigger too! }


COPS: Black teen girls assault white woman; charged with 'ethnic intimidation'...

PAPER: Black man attacks elderly white male, tells him he 'shouldn't be in his park'...

Report: SC restaurant refused to seat black patrons...

SCHOOL: Black student sent racist texts to himself...


Jesse Jackson: 'Tea Party is Resurrection of the Confederacy'...  { Riiiiight, jesse the typical nigger jackson … go join your son in jail, where the niggers have proven by every factual crime stat they belong … indeed, they’ve proven they can’t live in this or any other nation as anything but slaves or inmates, so inherently uncivilized they are! Time to require work for their welfare … to occupy their otherwise misspent time getting high, partying, listening to their rap s***, and committing crimes. I’m quite serious! }



Don’t Let Your Daughters Grow Up To Be Like Miley Cyrus

Miley Cyrus VMA MTV Video Music AwardsThe ultra-raunchy performance that Miley Cyrus put on at the 2013 MTV Video Music Awards the other night is a perfect example of how morally bankrupt our culture has become.  Since that performance, Miley Cyrus has been the number one topic of conversation in America, and a whole lot of people have actually been defending her.  They have been saying stuff like “if you don’t like it, don’t watch it” and a CNN article even went so far as to say that we “need less outrage, less nannying” about such performances.  Unfortunately, the truth is that it would be a tragic mistake to simply ignore such filth.  Millions upon millions of young girls absolutely adored Miley Cyrus as Hannah Montana on the Disney channel, and millions of those same girls are looking up to her as a role model now.  What they see her do is going to affect their behavior.  As for Miley Cyrus, she probably believes that the kind of performance that she put on the other night is exactly what her audience wants, and to a large degree that is probably true.  It is easy to denounce the garbage that we see at these award shows, but the cold, hard reality of the matter is that the behavior that we see on these shows is a reflection of who we are as a nation. (Read More.....)


Public School Is One Of The Most Dangerous Places You Could Possibly Put Your Children

Sandy Hook School ShootingWould you willingly send your kids into a war zone?  No way.  Would you willingly send your children into a federal prison?  Of course not.  So why would you send them to a public school?  In America today, kids are being killed on the way to school, at school and on the way home from school.  Mass shootings are becoming increasingly common, the influence of gangs in our schools is on the rise and sometimes the biggest threat of danger comes from the teachers and the security officials that are supposed to be there to “protect” our children.  But violence is not the only thing for parents to be concerned about when it comes to our public schools.  The truth is that public schools in the United States have become government indoctrination centers, and many teachers are constantly looking for opportunities to inject as much propaganda as they possibly can into classroom instruction.  After a dozen years of this, many students leave high school virtually brainwashed and nearly incapable of thinking for themselves.  This is one of the reasons why so many high school students seem like they are dumb as a rock.  Our young people spend most of their young lives in prison camps where they are constantly being told what to think instead of being trained how to think.  Why would anyone want to subject their children to that? (Read More.....)