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20-Year CBS News Veteran Details Massive Censorship And Propaganda In Mainstream Media
submitted by mephisto 1 day ago (via zerohedge.com)
Submitted by Mike Krieger of Liberty Blitzkrieg blog,Journalists should be dark, funny, mean people. It’s appropriate for their antagonistic, adversarial role. – Matt Taibbi, in this New York Magazine article Reporters on the ground aren’t necessarily ideological, Attkisson says, but the major network news decisions get made by a handful of New York execs who
Is It About To Get Worse? Lakeland Hazmat Suit Orders Go Exponential, Surpass 1 Million
submitted by mephisto 1 day ago (via zerohedge.com)
Almost exactly a month ago, long before the Texas Ebola fiasco, when virtually nobody had heard of a small company out of Ronkonkoma, NY called Lakeland Industries and whose only product is "industrial protective clothing for industry, municipalities, healthcare and to first responders" i.e., Hazmat suits, we asked "i) who will get sick next and ii) how bad could it get?" For the answer we focused
Fireworks Fly As Peter Schiff Warns "An Economy That Lives By QE, Dies By QE"
submitted by mephisto 1 day ago (via zerohedge.com)
Ahead of tomorrow's decision by the FOMC, Peter Schiff ventured on to CNBC to discuss the economy, the fed, and gold... among other things. Schiff rightly fears that while the Fed may well stop QE3 tomorrow, QE4 will not be too long behind it as he notes, rather eloquently, that "an economy that lives by QE, will die by QE" as the Fed's total lack of willingness to allow stocks to fall (see Bullar
Why '75' Is The Most Important Number For US Economic Hope
submitted by mephisto 1 day ago (via zerohedge.com)
US shale oil is now the marginal swing barrel in the new world oil order, and as Goldman Sachs warns (despite Larry Kudlow apparently knowing better), a decline in WTI to $75/bbl would start to significantly slow US shale growth (and thus employment, capex, and the entire US economy). Via Goldman Sachs,Our oil forecast calls for a slowdown in US shale oil production which our North American E
Mysterious Chinese Buyer Of Record Crude Oil Cargoes Revealed
submitted by mephisto 1 day ago (via zerohedge.com)
Last week we noted a near-record number of VLCC oil tankers sailing towards Chinese ports as we speculated that the world's largest economy looked to rebuild its strategic petroleum reserve at low-low prices. Now we know... as Bloomberg reports, China National United Oil Co., a unit of the country’s biggest energy company, bought the most ever cargoes of Middle East crude through a prici
Peak Empire 2.0
submitted by mephisto 1 day ago (via zerohedge.com)
Originally posted at Club Orlov blog,Based on the lessons of history, all empires collapse eventually; thus, the probability that the US empire will collapse can be set at 100% with a great deal of confidence. The question is, When? (Everyone keeps asking that annoying question.) Of course, all you have to do is leave the US, go some place that isn't plugged into the US economy in non-opt
As Eric Holder Supports "Wholesale Change" In Ferguson PD, This is What Is Happening In Philly
submitted by mephisto 1 day ago (via zerohedge.com)
Eric Holder has voiced his strong support for "wholesale change" in the Ferguson Police department adding that it is "pretty clear" and "appropriate," coming on the heels of a possible resignation of Chief Thomas Jackson(who happens to be white) and potential dismantling of the department. One wonders what will happen in Philadelphia after this clip of a not-white police officer abusing a black ci
The Fed's "Other" Taper: Printing Of New $100 Bills Tumbles By 85% In 2014
submitted by mephisto 1 day ago (via zerohedge.com)
When we last looked at the amount of $100 bills printed by the Treasury's Bureau of Engraving and Printing, we were a little concerned because it appeared that the Fed's infatuation with growing bank reserves had finally spilled over into the physical money printing arena, after a record 4.4 billion $100 bills were printed just a year after the Treasury had, at the Fed's request, printed another 3
Globalization = Permanent Instability
submitted by mephisto 1 day ago (via zerohedge.com)
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Globalization continually creates imbalances that fuel a perpetual instability that gradually impoverishes every sector other than global capital.Globalization has two guaranteed consequences: permanent instability and endless boom-and-bust cycles. As noted in Forget "Free Trade"--Focus on Capital Flows, the key engine of globa
Santelli Slams The Fed As "Weak-Data"-Dependent; Lacy Hunt Warns "We're Not On The Right Path"
submitted by mephisto 1 day ago (via zerohedge.com)
Confirming Rick Santelli's perspective on the unending 'easiness' of the Fed, Hoisington Investment Management's Lacy Hunt states unequivocally that "The Fed will not raise rates in 2015," and warns that the US economy and monetary policy "are not on the right path," in this excellent brief interview. Santelli slams the Fed's asymmetric policy, coining a new phrase that Yellen is only "weak-data"-

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