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Finance


The Tower Of Babel Comes To Paris: The Folly Of Obama's "War" On ISIS
submitted by mephisto 3 days ago (via zerohedge.com)
Submitted by David Stockman via Contra Corner blog,US imperialism was once a fearsome force - mainly for ill. Under the latter heading, Washington’s savage destruction of Vietnam four decades ago comes readily to mind. But now the American Imperium has become just a gong show on the Potomac - even as its weapons have gotten more lethal and its purposes
 
America's Media-crity (In One Cartoon)
submitted by mephisto 3 days ago (via zerohedge.com)
Presented with no comment...  Source: Investors
 
Congress Brings 'Atlas Shrugged' To America With This New Bill
submitted by mephisto 3 days ago (via zerohedge.com)
Submitted by Simon Black via Sovereign Man blog,It was known as Directive 10-289, and it was the government’s last-ditch, desperate effort to control the collapsing economy.The President, along with some of his senior advisors at the Bureau of Economic Planning and National Resources, all widely agreed that the only way out of the crisis was expand government power.The directive was passed q
 
The Silver Paradox In One Chart
submitted by mephisto 3 days ago (via zerohedge.com)
As gold and silver prices tumble to multi-year lows, an odd thing is happening in the 'paper' precious metals ETF markets. Demand remains high for silver ETF exposure as 'someone' is aggressively unwinding gold ETF positions.. and yet the prices for both are falling rapidly. It appears the retail investor is taking advantage of the lower prices in silver to accumulate additional exposure as Credit
 
Jackie DeAngelis Blows
submitted by mephisto 3 days ago (via zerohedge.com)
I was originally going to title this post "Jackie DeAngelis Must Die", but I thought she might take it the wrong way.Anyway, earlier this week, Ms. DeAngelis "interviewed" famed short-seller Bill Fleckenstein on (gack, choke) CNBC, every permabull's favorite network. Right out of the gate, she attacked him: You can watch the interview at the bottom of this page if you want
 
45 Facts That Show How Far America Has Fallen In This Generation
submitted by mephisto 3 days ago (via zerohedge.com)
Submitted by Michael Snyder of The American Dream blog,What has happened to America?  Please show these numbers to anyone that does not believe that the United States is in decline.  It is time for all of us to humble ourselves and face the reality of what has happened to our once great nation.  For those of us that love America, it is heartbreaking to watch the foundations of our s
 
Quantitative Proof The Fed Is Destroying The Middle Class
submitted by mephisto 3 days ago (via zerohedge.com)
Submitted by Thad Beversdorf via Voices Of Liberty blog,Listening to pundits on television, one would think we’ve found a magical species of leprechauns that piss gold rainbows amongst the masses and so we need never again worry about the economy, the markets and whether or not things are improving. And looking at the market’s six-year run to all-time highs, perhaps such euphoria
 
First CalPERS, Now Texas Teachers Cut Hedge Fund Exposure
submitted by mephisto 3 days ago (via zerohedge.com)
Earlier in the week, perhaps reflecting on the fact that 90% of hedge fund managers are overpaid, California Public Employers Retirement System (CalPERS) announced it would cut its entire exposure to hedge funds. It seems the decision is becoming more popular, as Bloomberg reports, the Teacher Retirement System of Texas, the sixth-largest U.S. public pension, has decided to cut its hedge fund allo
 
5 Things To Ponder: The Fed
submitted by mephisto 3 days ago (via zerohedge.com)
Submitted by Lance Roberts of STA Wealth Management,It has been quite an eventful week between Scotland's battle over independence, the Federal Reserve's FOMC announcement and the markets making new all time highs.For Scotland, the decision came down to the benefits of maintaining their unity with the United Kingdom. While William Wallace may not have agreed, the vote to remain part of the
 
Algos Gone Wild: BABA "Glitch" Halted 7 Seconds, "100s Of Flash Crashes" Into Close
submitted by mephisto 3 days ago (via zerohedge.com)
As business media pats itself on the back for the BABA IPO, proclaiming how it's the most important, and biggest IPO of all-time and on "the most efficient and transparent" exchange, perhaps it was just oversight that they forgot to mention BABA's 7-second halt "glitch" this afternoon as BABA trading exceeded 25% of all volume at some points. But that was minor compared to the utter clusterfuck th
 



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