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In 10 days, the current Ebola outbreak is poised to claim more lives than the previous entire history of the virus… WHO: Ebola outbreak unprecedented

The number of people dying in West Africa from the ongoing Ebola outbreak is poised to surpass the total number of people to ever have died from the virus in just 10 days, according to World Health Organization figures. Up until sometime in early 2014, the Ebola virus had killed 1,548 people since being discovered in 1976. As of Monday, Ebola had killed more than 1,350 people across West Africa [...]

No refusal DUI checkpoints all over COLUMBUS OHIO.

They just had it on the news. There are 4 checkpoints circling Columbus complete with dirty judges signing roadside warrants and retarded brownshirts carrying out their orders. Look, I’m of the opinion that anyone caught drinking and driving should be shot posthaste, but this is not the way to catch them. God damn it. This was fine when it was some f*cked up state like Oregon or Georgia – but OHIO!? God [...]

The Home-Flipping Bubble Implodes

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

Home flipping – buying a home and reselling it within 12 months, hopefully for a profit – is the American entrepreneur’s reaction to the vagaries of the housing market. When these gutsy people perceive a big profit opportunity, such as soaring home prices, they pile into the market, and profit grows on trimmed trees and freshly painted walls and rehabbed bathrooms, and flipping volume soars, [...]

Western luxury businesses can’t count on Chinese paying full-price anymore:

Western luxury businesses can’t count on Chinese paying full-price anymore: http://t.co/UdhHbHPXJF pic.twitter.com/pL5OHpVt5n

— Bloomberg News (@BloombergNews) August 23, 2014

-

Luxury goods makers have long valued Chinese consumers not just because of their huge appetite for Gucci bags and Cartier watches, but also for their willingness to pay more than their Western counterparts.

So it wasn’t business as usual in July when a pair of light brown Salvatore Ferragamo Carla [...]

Gold And Silver – Low Prices Are NOT The Reason To Own PMs.

by Michael Noonan

“ISIS poses a greater threat than 9/11.  This is way beyond anything we have ever seen.
We must prepare for everything.  Get ready!”  US Secretary of Defense, Chuck Hagel.

Whoa, Chuckie…back off a bit, here.  Just who do you think it was that helped create the
Islamic State of Iraq and the Levant, aka ISIS, fund them, train them, and provide the best
weapons for them?  Can you spell U S, as in [...]

Jay Taylor: Massive Stampede Mania is Coming in Gold & Silver!

Jay Taylor joins Eric Dubin & The Doc this week for a power-packed show discussing: 

Jay compares where the current gold & silver bull market is at, and advised investors that: In 1980 we had a massive stampede- a mania in gold.  We haven’t seen anything like that yet!
Endless happy days, a deflationary Greatest Depression, or a hyperinflationary collapse- whats coming for the US in the next 3 years? 
With gold crushed [...]

Portugal Is Now Showing All The Signs Of A Bank Confiscation. Fed Is Pushing The Idea That The Economy Is Very Close To Recovery, And Are Targeting October To End The Stimulus Package.

Portugal is now showing all the signs of a bank confiscation. FED is pushing the idea that the economy is very close to recovery, and are targeting October to end the stimulus package. Obamacare has made firms raise premiums, deductibles and they have seen employment decrease. Police lobbies are putting pressure to keep the Pentagon 1033 program to get military assets. Ukraine, Nato and US are using propaganda that Russia [...]

Feds limit availability of painkiller hydrocodone. New law takes effect in 45 days

Feds limit availability of painkiller hydrocodone. New law takes effect in 45 days

http://seattletimes.com/html/nationwo…;

5 Reasons Why Japan Faces Economic Crisis RIGHT NOW!

Japan GDP growth collapses amid sales tax shock
Today Japan’s public debt is 5X greater relative to the size of its economy and tips the scales at 250% of GDP.
In the interim, of course, Japan succumbed to the Keynesian stimulus disease, betting that after its thundering financial meltdown during the early 1990s it could borrow and print its way back to the prosperity it had known during the period of its [...]

7 signs of a robotics bubble

7 signs of a #robotics bubble: $IRBT $ROBO pic.twitter.com/0apkFIuflO

— $hane Obata (@sobata416) August 22, 2014

Handbook: 7 Basic Propaganda Devices

by WashingtonsBlog

Preface: As part of our ongoing effort to expose propaganda techniques, we are posting the propaganda section of the Hasbara Handbook: Promoting Israel on Campus, originally leaked by Wikispooks. It is more than a decade old, as it refers to PLO leader Yasser Arafat, who passed away in 2004.

Propaganda is used by those who want to communicate in ways that engage the emotions, and downplay rationality, in an attempt to promote a certain message. To [...]

Intentions isn’t equal to actions… “We’re gonna raise rates next year” – Fed officials in 2009, 2010, 2011, 2012, 2013, 2014… Rates are zero forever!

intentions ? actions… "we're gonna raise rates next year" – #Fed officials in 2009, 2010, 2011, 2012, 2013, 2014: pic.twitter.com/FT5FmBJyRz

— $hane Obata (@sobata416) August 22, 2014

The people looking for signs of #Fed rate increases in 2015 spent 2011 looking for signs of increases in 2013, etc. Rates are zero forever.

— Jim Rickards (@JamesGRickards) August 22, 2014

A Warning From 1995 About the Repeal of Glass-Steagall

by Jesse via theburningplatform

Here is a reprint of a warning that was published in the NY Times in 1995 about Robert Rubin’s and Alan Greenspan’s misguided attempts to overturn Glass-Steagall.

Any reasonably informed student of economic history ought to have understood this argument.

There was a well-funded, decade long campaign led by the Banks to overturn Glass-Steagall.  A lot of propaganda was written, and lot of political connections were made, and a lot of money was spent.

Too [...]

Why the Fed Must Taper – The Fed is being forced to end its bond-buying, cutting off the “free money for financiers” that has sustained a frothy stock market.

by Charles Hugh-Smith

The Fed is being forced to end its bond-buying, cutting off the “free money for financiers” that has sustained a frothy stock market.

While the Federal Reserve presents itself as free to do whatever it pleases whenever it pleases, the reality is the Fed’s own policies are constraining its choices. Take the taper of U.S. Treasury bond purchases–the heart of quantitative easing (a.k.a. QE or more accurately free money for financiers).

You [...]

Jackson Hole: Myth of the All Powerful Central Banker Continues

by GoldCore

Today’s AM fix was USD 1,281.00, EUR 965.12 and GBP 772.29 ounce.
Yesterday’s AM fix was was 1,280.50, EUR 965.03 and GBP 772.32 per ounce.

Gold fell $13.80 or 1.07% to $1,277.30 and silver slipped $0.03 or 0.15% to $19.47 per ounce.

Gold in U.S. Dollars – 2 Years (Thomson Reuters)

Gold  is flat in trade in London and gold in Singapore also flatlined around the $1,280/oz level. Gold came under pressure yesterday when a [...]

Weekly News Wrap-Up: ISIS Imminent Threat, Militarized Police in Ferguson MO, Ukraine Crisis Update and More

ISIS update, militarized police – plus the West is still inching towards war with Russia. The building of a new natural gas pipeline through Bulgaria has been stopped for the second time this week. Nearly 200 troops and a dozen NATO F-15 fighter jets are also going to Bulgaria for more war games. Meanwhile, Germany’s Leader, Angela Merkel, is saying that NATO will defend the Baltic States, if needed.

Well, it [...]

Food prices are up and computer prices are down, so no inflation?

Spain’s and the EU recovery dissipates into ashes. Food prices are up and computer prices are down, no inflation? Housing permits surge in July and Home Depot reports improved earnings, housing recovery on track or is it? FAA restriction are extended to Aug 25, meanwhile the protesters and the police continue to clash. More residents are reporting masked men pushing the agenda of rioting, looting etc. Syrian opposition pushing the [...]

Get Ready! Paid Mercenaries Being Deployed to Ferguson!

Asymmetric Solutions is a Division of Applied Defense Technologies. The St. Louis-based company is staffed by combat experienced SpecOps vets, including: Army Green Berets, Army Delta, Navy SEALs, SEAL 6, and Agency SOF. The company offers a real-world training environment with exceptional instructors on self defense from criminal violence.

On Tuesday Assymetric Solutions tweeted out that they were being deployed to Ferguson, Missouri.

We’ve been to Baghdad, Kabul, KL, Manilla, Peshwar, Bogata. [...]

DEPRESSION! 50% of Americans Now Receive Federal Benefits!

The 35.4 Percent: 109,631,000 on Welfare
109,631,000 people taking welfare, or the 150,026,000 getting some type of federal benefit other than veterans’ benefits?
Fed debates merits of earlier rate hike given U.S. jobs gains
1.2 million census workers that were hired for 2010.
Professor Joseph Stiglitz said austerity policies had been a “disastrous failure” and are directly responsible for the failed recovery over the first half of this year, with Italy falling into a [...]

New Bill In Congress Would Ban Private Citizens From Owning Body Armor

By Michael Snyder

A new law that has been introduced in the U.S. House of Representatives “would prohibit the sale, transfer or possession of military-level body armor by civilians”.  In other words, private citizens all over the entire nation would be permanently banned from owning body armor if this bill gets passed and signed into law. The bill that I am talking about is H.R. 5344 (The Responsible Body [...]

El-Erian: Fed is sacrificing financial stability

Kelly Evans, CNBC, Released on 8/20/14

“A lot of these merger and acquisitions are not being done for offensive reasons. They’re being done for defenses, to squash competition, to facilitate inversions,” he said.

There is a strong argument being made that the Fed is trying to pursue too many objectives, he said. It’s an argument El-Erian agrees with. “What it is sacrificing is financial stability. The Fed [...]

Apple releases software updates to older devices in order to slow them down and persuade them into buying their newer models?!?!

Many theorize that Apple releases software updates to older devices in order to slow them down and persuade them into buying their newer models. This chart shows when people Google about their slower iPhones, coincidentally matching with the iOS release dates. They have refused to comment on this.

http://i.imgur.com/pFANblh.png

Its called planned obsolescence.. and Its not a theory…apple 100% does this

http://en.wikipedia.org/wiki/Planned_obsolescence

It’s common knowledge [...]

Student Loan Bubble: The Next Economic Implosion?

Student loan debt has risen more than five-fold since 2003. This Mt. Everest of debt is promoted and backed by the government — just like sub-prime mortgages prior to the 2007-2009 financial crisis. Will the student loan bubble be the next economic disaster?

New Ebola-Like Virus Outbreak Kills 70 in Congo. Isolation Procedures Put In. 75,000 Quarantined for Ebola in Liberia

BREAKING: Outbreak of hemorrhagic illness kills at least 70 in northern DR Congo, but is not EbolaAt least 70 dead, 522 sickened by outbreak of hemorrhagic gastroenteritis in DR Congo

Reuters: At least 70 dead, 522 sickened by outbreak of hemorrhagic gastroenteritis in DR Congo

— Michael van Poppel (@mpoppel) August 21, 2014

BREAKING: Outbreak of hemorrhagic illness kills at least 70 in northern DR Congo, but is not Ebola – Reuters — [...]

ANALYSIS: The beheading of James Foley is a fake. The beheading of African bank accounts isn’t.

BY JOHN WARD

How the Foley beheading gore has been overstated, and the Africa Bank haircut has been understated

If you’ve been trying to view the ‘beheading’ of James Foley over the last two days, then I’d imagine you’ve found it well-nigh impossible. It seems that in Britain, if you watch it you may be committing an offence under the Terrorism Act. I don’t live in Britain any more, so [...]

RIDICULOUS HOUSING PROPAGANDA FROM NAR & MSM

by James Quinn

I’ve told myself to not even look at the highly manipulated statistical drivel put out by the government, corrupt organizations, and regurgitated and spun in a positive manner by the captured corporate media. Just when I thought I was out, they pull me back in.

 

I see Marketwatch with this blaring headline:

 

Existing-home sales rise 2.4% in July

 

They are breathlessly describing how this was better than expected, as if it [...]

The US dollar’s share of global FX reserves is falling… ‘At the end of 2013, central bank gold holdings represented about one-fifth of all the gold ever mind’ – Jeff Clark

the US dollar's share of global FX reserves is falling… $DXY pic.twitter.com/0EBL1GuC7i

— $hane Obata (@sobata416) August 21, 2014

at the end of 2013, central bank #gold holdings represented about one-fifth of all the gold ever mind – Jeff Clark pic.twitter.com/jQNFDvBlK1

— $hane Obata (@sobata416) August 21, 2014

Money Manager’s Warning: “The Bull Move Has Lasted So Long Nobody Can See Its End”

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter

Here’s when US equity and bond markets will change direction,” Cali Money Man grumbled a few days ago. He is a wealth manager and has been on the job at brokerage firms and large banks through three phenomenal crashes. Unlike others, he hasn’t forgotten the craziness that led up to them.

“When investors come to fear the next Fed-talk, that’s when markets will change [...]

INTEREST RATE RISES: stand by for the traffic accident

BY JOHN WARD

DON’T BE A

Overpriced stock markets have finally met Zirp interest levels. The Slog analyses why this is the unstoppable force colliding with the immovable object.

Well, this was always going to happen. Even in a world where the fundamentals have been manipulated or ignored, one tiny élite cannot block the needs of others forever.

We now have a global capital pot so acutely aware [...]

Mafia Boss Says Stocks A Bubble, Buy Physical Gold and Silver

by GoldCore

Today’s AM fix was USD 1,280.50, EUR 965.03 and GBP 772.32 per ounce.
Yesterday’s AM fix was USD 1,294.50, EUR 973.75 and GBP 777.76 per ounce.

Gold and silver were mixed yesterday – gold fell $4.80 to $1,291.10 and silver rose 1 cent to $19.50 per ounce.

Gold in U.S. Dollars – 2 Years (Thomson Reuters)

Gold traded marginally higher in trade in London after gold in Singapore fell to as low as [...]

Big Banks “Bought” Congress … So Credit Derivatives Are Bigger than Ever

 by WashingtonsBlog

The Causes of the 2008 Crisis Have Never Been Addressed

We’ve noted for years that Washington never reined in the risky derivatives which helped cause the 2008 crash … and so the big banks hold more derivatives than ever.

We’ve also noted that the financial services industry has bought and sold Congress.

Indeed, Washington never fixed the causes of the 2008 financial crisis.

Yesterday, Janet Tavakoli gave a good overview of the problem to CBC:

We threw money at the banks, and it [...]

This Is Worse Than 2008: Auto Repos Have Soared by 70%. Caterpillar Has Been Declining For 20 Months In A Row

Argentina is not going to pay the creditors. Auto repos have soared to 70%. Caterpillar has been declining for 20 months in a row.This is worse than 2008. China getting ready to launch their global gold hub this September. An EU think tank is telling the Euro zone to prepare for mass rioting and protests. Low flying black helicopters flying over rooftops in St. Paul. Syria is warning the US [...]

Bear Market Looming? Stock Buybacks Are Falling, Car buyers Struggle with Loans, The Trend for Part-Time Work Sweeping The World

Stock buybacks are falling — here’s why it matters 

Insight: U.S. corporations have been borrowing like billy-o, but now they’ve stopped, says Brett Arends

Everyone knows the stock market has skyrocketed in the past few years, but far too few understand why.

No, it hasn’t been magic. It hasn’t been levitation. It hasn’t been the natural state of affairs.

It’s been supply and demand.

U.S. corporations have been spending hundreds of billions of dollars a year [...]

Hyperinflation CRISIS Caused by Fed Will Destroy U.S. Dollar!

Apple Soars to Record Amid Optimism About Coming Products
Average Price of Ground Beef Hits All-Time High
Price Index for Steak Hits All-Time High
The Federal Reserve’s balance sheet has more than quadrupled to $4.4 trillion since the beginning of the economic crisis due to its large “quantity” of securities purchases (ergo “quantitative easing”).
US Inflation in January 2014 Ticks Up, Annual Inflation Rate at 1.6%
Venezuela’s 12-month inflation tops 62 pct in June

Sources:
http://www.bloomberg.com/news/2014-08…;
http://cnsnews.com/news/article/ali-m…;
http://cnsnews.com/news/article/ali-m…;
http://www.foxbusiness.com/2014/08/13…;
http://www.usinflationcalculator.com/…;
http://research.stlouisfed.org/fred2/…;
http://www.reuters.com/article/2014/0…;

30 stats to show to anyone that does not believe the middle class is being destroyed

By Michael Snyder

The 30 statistics that you are about to read prove beyond a shadow of a doubt that the middle class in America is being systematically destroyed.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a staggering pace.  Yes, the stock market has soared to unprecedented heights this [...]

White House Negotiates with ‘Underground’ Lobbyists on Executive Orders

Obama is WRITING LAWS…. this is NOT LEGAL…..White House Negotiates with ‘Underground’ Lobbyists on Executive OrdersOn Monday The New York Times reported that ever since Obama declared his intention of using executive orders to reshape immigration policy, “the process of drafting” that policy “has been conducted essentially behind closed doors, where lobbyists and interest groups invited to the White House are making their case out of public view.”

Nearly 1,800 lobbyists stopped [...]

August 20 Ebola Spread: California, New Mexico, Germany, Austria, India, Myanmar, and more. Liberia Seals in 75,000 no docs, no food in or out

The Ebola Virus is spreading very fast. Cases are now believed to exist in:Sacramento, CA 

http://www.news10.net/story/news/local/2014/08/19/kaiser-ebola-patient/14316293/Albuquerque, New Mexico

http://www.kob.com/article/stories/S3535038.shtml#.U_FuCmNrNc8Berlin, Germany 

http://web.de/magazine/gesundheit/krankheiten/ebola/19225408-ebola-suspicion-berlin.html#.A1000145Austria 

http://www.thelocal.at/20140817/ebola-scare-hits-tyrol-when-body-found

India 

http://timesofindia.indiatimes.com/city/delhi/3-Ebola-suspects-at-Ram-Manohar-Lohia-Hospital/articleshow/40325158.cmsYangbon, Myanmar 

https://www.facebook.com/photo.php?v=757703144275514&fref=nf

Canada 

http://hisz.rsoe.hu/alertmap/site/index.php?pageid=event_summary&edis_code=BH-20140809-44853-CAN

Serbia

http://hisz.rsoe.hu/alertmap/site/index.php?pageid=event_summary&edis_code=BH-20140814-44919-SCGIn Liberia, the government has SEALED-OFF an area just outside the Capitol City of Monrovia. A place called West Point, a slum with about 75,000 people, is now QUARANTINED with no one allowed in or out. No Doctors. No food shipments. The 75,000 people there will either die of Ebola or starve to [...]

EVERYTHING Is Inflated Due To Cheap Credit! With ZIRP, It Is Successfully Extended My Retirement Age To 145

Aug. 20 (Bloomberg) — On today’s “The Agenda,” Tom Keene, Scarlet Fu and Adam Johnson look at trending news stories and the Twitter question of the day on “Bloomberg Surveillance.” (Source: Bloomberg)

Everyone Is Wondering… Is the Dollar and Equities Ready to Crash?

by batr.org

 

As the yearly end of summer doldrums engulf the Hamptons, the uber-wealthy position themselves for a rocky coming storm when the robust fall trading season begins. Some of the most memorable major equity collapses happen during this time of year. Logic, fundamentals and sound business analysis has very little to do in forecasting when the actual plug will be pulled on the rocket ride in stocks. In a rigid game, [...]

Why Aren’t Americans Taking The ISIS Threat ‘To Drown All Of You In Blood’ Seriously?

By Michael Snyder

If some psychopaths were running around crucifying and beheading lots of people and then they said that they wanted to drown my family “in blood” I would be inclined to take them seriously.  But so far, most Americans seem to be completely and totally unconcerned about ISIS.  Perhaps that is because we had so many years where we were told that al-Qaeda was a major threat [...]

LMFAO: Automated Elevator DOOM

3 City States That Rule the World

City of London – FINANCE/LAWThe “City”, also known as the “square mile” an area of 677 hectares in London. The City-State, pays no tax, has its own courts, its own laws, their own flag & their own private police. Here are the Bank of England, a privately owned institution which is not subject to regulation by the British Parliament, and in fact is a sovereign world power. Moreover, Lloyds of [...]

Global Financial Crisis: A World In Debt (Infographic)

Global Financial Crisis: A World In DebtWorld governments have borrowed massive amounts of money to live beyond their means. Here are the world’s largest economies, and how much they borrowed. Infographic:

http://demonocracy.info/infographics/usa/world_debt/world_debt.html

Iran Sends Tanks Into Iraq! M-60s could devastate militants’ trucks

Iran Sends Tanks Into Iraq to Fight IslamistsM-60s could devastate militants’ trucksAmerican, Syrian and Iranian jets fly overhead as Kurdish and Iraqi troops fight together on the ground. And now Iranian tanks are entering battle. The war on Islamic State makes for strange allies.

https://medium.com/war-is-boring/iran-sends-tanks-into-iraq-to-fight-islamists-d130c9fa58bb