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Archive Monthly Archives: May 2016

Puerto Rico Says Will Default Tomorrow, Begs Congress For Help "Or Else Crisis Will Get Worse"

Update: PR Governor Padilla has spoken… *PUERTO RICO GOVERNOR SAYS WON’T PAY DEBT TOMORROW *PUERTO RICO GOVERNOR SAYS ISLAND WON’T PAY DEBT MONDAY *PUERTO RICO GOVERNOR: GOVERNMENT SIGNED MORATORIUM BILL YESTERD *PUERTO RICO NEEDS DEAL W/ CREDITORS AND/OR CONGRESS: GARCIA And of course, demands a bailout… *PUERTO RICO GOVERNOR CALLS ON U.S. CONGRESS, PAUL RYAN […]

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Noble Group’s Cliffhanger

Submitted by Noble Group Research Noble Group’s Cliffhanger 2010:  Harry Banga split… most of Noble problems start here.1 2015:  Noble Group, one of the biggest traders of commodities from coal to iron ore is melting from its base. Script writers have devised the solution of telling us a story but leaving it at a cliffhanger, […]

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Schwab Is Forcing Cash Out Of Money Market Funds And Into Treasuries

While perhaps not quite as dramatic (or confusing) as last week’s announcement by Scottrade that the discount online broker would no longer allow Canadian citizens to hold accounts, in a new surprising development, another online broker, Charles Schwab has started informing some of its clients that “between June and October 2016, Schwab will update the […]

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Leaked Docs Reveal TTIP Trade Deal In Jeopardy As "Irreconcilable Differences" Emerge

Several weeks ago we learned that not all is well in the ongoing negotiations to impose Obama’s landmark Transatlantic Free Trade Agreement, also known as the TTIP, when unexpectedly Europe threatened to impose visas on Americans and Canadians. As we commented at the time, this latest tension may have been driven “by the fact that […]

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Was The Fed Just Given The Launch Codes?

Authored by Mark St.Cyr, Let me be clear right from the outset: this is not an article about politics when it comes to whose guy or gal is currently seated or running. This is about the current state of affairs as it pertains to business; how they seem to be in motion; and, how it […]

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NATO Deploys 4000 Troops To Russian Border As EUCOM Chief Urges "Return To War-Planning"

With anti-establishmentarians on the rise in the US & Europe, it appears the neocons and their NATO proxy aren’t wasting any time and are stepping up not just the words, but their deeds, against a so-called “resurgent Russia.” NATO’s European Command (EUCOM) “needs to change,” blasts General Philip Breedlove, urging the military to get back […]

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Two Americas – One Photo

Presented with no comment…   Source: @SOBL1

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Why Socialism Will Always Fail

Authored by Ludwig von Mises via The Mises Institute, Excerpted from Human Action The director wants to build a house. Now, there are many methods that can be resorted to. Each of them offers, from the point of view of the director, certain advantages and disadvantages with regard to the utilization of the future building, […]

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"Get Out Traitor" – German Justice Minister Flees In Armored Mercedes After Angry Protesters Boo Him Offstage

Heiko Maas, the German Minister of Justice, was unable to finish his Labor Day celebration speech on the 1st of May as he was loudly booed and chased off the stage by the German people. The people repeatedly shouted “traitor”, “leftist rat”, “get out!”, “we are the people” and “Maas must go!”, eventually getting him […]

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Deutsche Bank Has Systemic Money Laundering, Terrorist Financing And Sanctions Problems: UK Regulator

Just two days after Deutsche Bank fired the head of its “integrity committee”, Georg Thoma who had been originally tasked with clearing up the bank’s past scandals, because according to DB’s vice chairman Alfred Herling, Thoma had been “overzealous” and “goes too far when he demands ever wider investigations and more and more lawyers come […]

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