RaMBoZo
BLoWBaCK...
Submitted by williambanzai7 on
08/27/2013
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)
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Peter
King want's to give you a blow job.
.
Tony
Blair needs to shut his fucking pie hole, Pronto!
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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
While
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!
Submitted by williambanzai7 on 08/28/2013 16:53 -0400
.
.
I'M
A DRONE MAN
(I'm
a Soul Man, Sam and Dave)
WilliamBanzai7
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
.
.
.
.
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
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72
Types Of Americans That Are Considered “Potential Terrorists” In Official
Government Documents
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
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'...
DOES
OBAMA KNOW HE'S FIGHTING ON AL QAEDA'S SIDE?
'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...
HARVARD:
GUN CONTROL DOES NOT DECREASE VIOLENT CRIME...
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"
Submitted by Tyler
Durden on 08/28/2013 - 08:57
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
Submitted by Tyler
Durden on 08/28/2013 - 18:52
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
Submitted by Tyler
Durden on 08/28/2013 - 18:15
Boehner
Sends Obama Letter Demanding "Clear, Unambiguous Explanation" For
Syrian Intervention
Submitted by Tyler
Durden on 08/28/2013 - 17:58
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
Submitted by Tyler
Durden on 08/28/2013 - 17:28
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
Submitted by Tyler
Durden on 08/28/2013 - 17:12
"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
Submitted by Tyler
Durden on 08/28/2013 - 16:53
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
Submitted by Tyler
Durden on 08/28/2013 - 16:13
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
Submitted by Tyler
Durden on 08/28/2013 - 15:59
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
Submitted by Tyler
Durden on 08/28/2013 - 15:35
This chart seems to sum up our fiscal
challenges as well as anything else...
50
Years After MLK: Obama Shares His Dream - Live Webcast
Submitted by Tyler
Durden on 08/28/2013 - 15:06
President
Obama commemorates 50 years of "believing"... in jobs and freedom
This
Is How America Gets Educated On Syria
Submitted by Tyler
Durden on 08/28/2013 - 14:35
Guest
Post: A History Of Real GDP & Population Growth
Submitted by Tyler
Durden on 08/28/2013 - 14:11
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"
Submitted by Tyler
Durden on 08/28/2013 - 13:44
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
Submitted by Tyler
Durden on 08/28/2013 - 13:18
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
Submitted by Tyler
Durden on 08/27/2013 - 17:30
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
Submitted by Tyler
Durden on 08/27/2013 - 21:00
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
Submitted by Tyler
Durden on 08/27/2013 - 20:33
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
Submitted by Tyler
Durden on 08/27/2013 - 20:01
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
Submitted by Tyler
Durden on 08/27/2013 - 19:33
Just
a headline from Bloomberg, citing Alarabiya, for now:
SYRIA
EVACUATES TROOPS FROM DAMASCUS MILITARY BASE: ARABIYA
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
Submitted by Tyler
Durden on 08/27/2013 - 19:17
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
Submitted by Tyler
Durden on 08/27/2013 - 18:43
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
Submitted by Tyler
Durden on 08/27/2013 - 18:12
MILITARY
OPERATION AGAINST SYRIA WOULD ONLY WORSEN CONFLICT - DUMA CHAIRMAN
MOSCOW
ALARMED BY SOME COUNTRIES' DELIBERATE ACTIONS TO UNDERMINE PRECONDITIONS FOR
POLITICAL-DIPLOMATIC SETTLEMENT OF CONFLICT IN SYRIA - FOREIGN MINISTRY
LAVROV
DISAGREES WITH U.S. ON BLAMING SYRIAN GOVERNMENT FOR CHEMICAL ATTACK IN
TELEPHONE CONVERSATION WITH KERRY - RUSSIAN FOREIGN MINISTRY
RUSSIA
BELIEVES EXPERTS' WORK IN SYRIA SHOULD BE SUPPORTED, FACILITATED AS MUCH AS
POSSIBLE - FOREIGN MINISTRY
Guest
Post: The Long View On Interest Rates
Submitted by Tyler
Durden on 08/27/2013 - 16:52
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
Submitted by Tyler
Durden on 08/27/2013 - 16:08
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
Submitted by Tyler
Durden on 08/27/2013 - 15:46
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
Submitted by Tyler
Durden on 08/27/2013 - 15:21
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!)
Submitted by Tyler
Durden on 08/27/2013 - 15:07
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
Submitted by Tyler
Durden on 08/27/2013 - 14:44
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
Submitted by Tyler
Durden on 08/27/2013 - 14:30
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...
DAWN
OF WAR
DOES
OBAMA KNOW HE'S FIGHTING ON AL-QAEDA'S SIDE?
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...
STOCKS JOLTED...
Oil
Reaches 18-Month High...
Russia
warns 'catastrophic consequences'...
Kucinich:
USA Will Become 'al-Qaeda's air force'...
'Rebels'
vow revenge attacks...
IRAN
THREATENS ISRAEL...
WILL
BE 'FIRST VICTIM'...
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...
RUSSIA, CHINA WARN
AGAINST STRIKE
{
The final nail in america’s global coffin! Really! }
BAMA'S
WAR...
BUCHANAN:
Congress should veto...
Strike
within days...
Warplanes
begin arriving in Cyprus...
Armed
forces 'making contingency plans' for military action...
CAMERON
RECALLS PARLIAMENT...
STOCKS JOLTED...
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
The
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
Would
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.....)