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Thomas Paine

To argue with a person who has renounced the use of reason is like administering medicine to the dead.

Saturday, September 21, 2019

21 September - Blogs I'm Following - 5 of 5

10 pm MDT



Midnight Meme Of The Day!

DownWithTyranny at DownWithTyranny! - 21 hours ago
*by Noah* Putin as the man who controls Trump's puppet strings has gotten a lot of play but not nearly enough. Ideally we would hear the complete horrid details quickly and not just more suggestive tidbits years from now after all the players are dead and buried, which is usually how it goes down when it comes to the sordid parts of our American history. We hear some about cash from Putin's Russian mob of oligarchs but not all the details of the quid pro quo. We're left to assume based on what we know of the character and habits of those involved. Just how far are foreign governm... more »

Free at last!

Craig at Is the BBC biased? - 21 hours ago
*"For much of my career, I’ve felt rather like the junior butler trying to blag a seat at His Lordship’s dining table in Downton Abbey"* *(John Humphrys, on being a working class, non-arts graduate at the BBC)* Just two short days after departing the *Today *programme, in mourning weeds, with tears in eyes, John Humphrys has seriously let rip at the BBC in (*OMG) The Daily Mail*... *Feedback *will be appalled, and doubtless John's choice of publication and what he has to say there will only confirm to his many left-wing haters on Twitter that he's the right-wing fossil they've b... more »

Smoke From Fires Reaches Southern and Southeastern Brazil

Xiu Ying at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - The humid winds blowing from the Amazon into the southern and southeastern regions have carried smoke from forest fires to several cities in São Paulo and Paraná. The smoke comes from fires in the Cerrado (scrubland) and the The post Smoke From Fires Reaches Southern and Southeastern Brazil appeared first on The Rio Times.

Number of Store Openings in Retail Decelerated in the First Half-Year

Richard Mann at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - The Brazilian trade gained an additional 3,328 new stores in the first half-year, according to a survey released on Friday by the National Confederation of Trade in Goods, Services and Tourism (CNC). The number refers to the difference between the opening and closing of commercial establishments with work posts and […] The post Number of Store Openings in Retail Decelerated in the First Half-Year appeared first on The Rio Times.

Fire-fighting Operation in the Amazon May Be Extended for one Month

Xiu Ying at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - The Guarantee of Law and Order (GLO) Operation of the Armed Forces to fight fires in the Amazon Forest may be extended for one more month due to the persistence of dry weather in the North and Center-West of Brazil. During the 16th International Security Conference of the Copacabana Fort, […] The post Fire-fighting Operation in the Amazon May Be Extended for one Month appeared first on The Rio Times.

Raoni, Marielle, and Wyllys Compete for the EU’s top Award

Arkady Petrov at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - Increasing pressure on the Brazilian government, one of the largest blocs of deputies in the European Parliament has submitted the names of three Brazilians to collect the Sakharov Prize, the EU's leading human rights tribute. The election is held by the European legislature in October. The distinction had already been bestowed […] The post Raoni, Marielle, and Wyllys Compete for the EU’s top Award appeared first on The Rio Times.

Legislator to Distribute 10,000 Books Promoting “a Gay Cure” in Retaliation to Felipe Neto

Xiu Ying at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - Marcelo Crivella, mayor of Rio and nephew of the most successful evangelical bishop-entrepreneur Edir Macedo, owner of the Universal Church of the Kingdom of God (IURD), recently drew attention with his authoritarian and prejudiced measure of The post Legislator to Distribute 10,000 Books Promoting “a Gay Cure” in Retaliation to Felipe Neto appeared first on The Rio Times.

Brazilian “Route 2030” Program Foresees R$1 Billion to Develop Automotive Technology

Arkady Petrov at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - The 'Rota 2030' ("Route 2030") Priority Programs were launched on Friday, September 20th, and are an incentive policy for the federal government's automotive sector. The automakers will be able to invest in technological development at the rate of 2 percent that would be paid on the import of parts without […] The post Brazilian “Route 2030” Program Foresees R$1 Billion to Develop Automotive Technology appeared first on The Rio Times.

Giants reach first grand final in epic preliminary against Collingwood

Andrew McGarry at Just In - 21 hours ago
It's a Richmond-GWS grand final after a crazy final-quarter comeback by the Magpies at the MCG falls agonisingly short, sending the Giants into their first decider.

Tasmania parodies SA's 'old mate' ad with new tourism pitch

Just In - 21 hours ago
South Australia's recent "old mate" tourism campaign may have ended in tears — both literally and figuratively — but Tasmania is hoping to cash in on that controversy by releasing its own rival ad.

Live: Wallabies take control against Fiji at Rugby World Cup

Simon Smale And Luke Pentony at Just In - 21 hours ago
The Wallabies are finally on top of Fiji in their opening Rugby World Cup match, leading 39-21 in the second half under the dome in Sapporo. Follow all the action in our live blog.

Financial planning is still not conflict-free and it could be costing you money

Andrew Robertson at Just In - 21 hours ago
There's a new ethics and standards regulator for financial planners, but will it force them to finally abandon all conflicted payments and genuinely act only in the interests of their clients, once and for all?

'Father and son' dead in NSW plane crash near Coffs Harbour, police say

Kevin Nguyen And Claudia Jambor at Just In - 21 hours ago
NSW Police confirm two men, reported to be father and son, died in a plane crash west of Coffs Harbour.

Returning To The Stable Climate Of 1926

tonyheller at Real Climate Science - 21 hours ago
TimesMachine: Monday September 20, 1926 – NYTimes.com TimesMachine: Monday September 20, 1926 – NYTimes.com 25 Nov 1927, Page 7 – The News-Review at Newspapers.com

Trump May Get Much of the World’s Manufacturing Out of China, but It Won’t Be Coming Back to the U.S.

Yves Smith at naked capitalism - 21 hours ago
Chimerica” is dead—even if Trump’s trade war ends in a draw.

Cutting Civics from School Curricula: An Unjust Move

PA Pundits - International at PA Pundits – International - 21 hours ago
By Brendan Birth ~ With the school year either coming up or starting in many states, kids are preparing to learn a multitude of subjects: history, English, Math, and Science, to name a few. One subject will be noticeably absent for some kids: Civics. Civics, which is defined as “a social science dealing with the […]

Will Trump Accept O’Rourke’s Gun-Ban Gift?

PA Pundits - International at PA Pundits – International - 21 hours ago
Beto poisoned the well when it comes to discussions on background checks. ~ Mark Alexander ~ The Trump administration is getting alot of pushback from Liberty– andSecond Amendment-advocacy groups regarding proposed broader and more enhanced background checks for firearm purchases. While most Americans believe all firearm purchasers should be qualified, there is a very legitimate concern […]

Homicides in Rio de Janeiro Drop, but Police Killings Rise

Xiu Ying at The Rio Times - 21 hours ago
RIO DE JANEIRO, BRAZIL - In the month of August, security data in Rio de Janeiro follow a trend already observed throughout the year: a drop in the number of homicides and an increase in deaths due to the intervention of state agents in relation to the same period last year. From January to August […] The post Homicides in Rio de Janeiro Drop, but Police Killings Rise appeared first on The Rio Times.

Europe Has Its Very Own Missile Defense System

Sebastien Roblin at The National Interest - 21 hours ago
*Sebastien Roblin* *Security, Europe* The Aster missile defense idea might end up being a victim of politics. Ballistic missiles are making a comeback in the twenty-first century because they give countries like China, Iran, North Korea and Russia the ability to strike targets hundreds or thousands of miles away without having to expose vulnerable warplanes to interception. The precision allowed by modern guidance systems allows even non-nuclear missiles to deliver highly-deadly attacks against airbases, fuel and ammunition depots, and even moving aircraft carriers. Therefore, ... more »

Is This Gun the Best .45 ACP on the Planet?

Charlie Gao at The National Interest - 21 hours ago
*Charlie Gao* *Technology, * Straight from Germany. If one looks at the service weapons of European countries, the Bundeswehr’s P12 is an anomaly. Chambered in .45 ACP, a normally American caliber, the P12 entered service at the turn of the millenium, far after most .45 caliber handguns were phased out of European service. It continues to serve today, living in the armories of select Bundeswehr units. But why was the P12 procured? The answer lies in the pistol that can be considered the P12’s ancestor, the H&K Mk23 SOCOM. Developed to meet U.S. Special Operations Command’s (USS... more »

The Navy's Zumwalt 'Stealth' Destroyer Is a Real Threat to China and Russia

Kris Osborn at The National Interest - 21 hours ago
*Kris Osborn* *Technology, Americas* [image: https://www.dvidshub.net/image/5242523/uss-zumwalt-pearl-harbor] Or is it just a piece of junk? We take a look? *Key point:* The Zumwalt is supposed to be the future of high-tech naval warfare. As the USS Zumwalt progresses with combat activation, weapons integration and further preparations for operational combat, the Navy continues to more broadly scope its operational envelope and envision operations previously less emphasized mission areas for the ship. Could the new destroyer actually wind up changing surface warfare? While ini... more »

If Germany Atoned for the Holocaust, the U.S. Can Pay Reparations for Slavery

Bernd Reiter at The National Interest - 21 hours ago
*Bernd Reiter* *History, Americas* Slavery is not so far removed. Anderson and Minerva Edwards met in the 1860s as enslaved laborers in Texas, had 16 children and lived into their 90s in a cabin a few miles from the plantations they once worked. They are photographed here in 1937. The idea of paying reparations for slavery is gaining momentum in the United States, despite being long derided as an unrealistic plan, to compensate for state violence committed by and against people long dead. The topic saw substantive debate in the July 30 Democratic primary debate, with candidate M... more »

‘Howdy Modi’ Is A Win-Win. But Does It Matter?

M. K. BHADRAKUMAR at OrientalReview.org - 22 hours ago
PM Modi takes to the stage Sunday at the NRG Stadium at Houston, Texas, in an event billed Howdy Modi, sponsored by “hundreds of Indian-American groups”. The event was choreographed to celebrate Modi’s return to America after what seemed an interminably long gap of 2 years and three months. The […]

Ending Temp Workers Is at Center of Auto Workers Strike

Yves Smith at naked capitalism - 22 hours ago
Yves here. This Real News Network segment focuses on the temp worker scam, and how it serves to undermine unions. But it is a much more pervasive practice. My ex-sister-in-law worked for GM as a temp for seven years, and was managing a small admin function for obviously way less than if she’d been an […]

"The Panic in Interest Rates is Just Getting Started"

noreply@blogger.com (CoyotePrime) at Running 'Cause I Can't Fly - 22 hours ago
*"The Panic in Interest Rates is Just Getting Started"* by Martin Armstrong "*QUESTION:* Marty; You warned that there would begin a cash shortage and real rates would rise in the private sector starting in September after Labor Day. Ok, it’s about 15 days past that marker and Repo rates have gone completely nuts hitting 10% forcing the Fed to intervene. They were calling it Armstrong’s revenge here in the dealing room. It certainly appears the Fed has lost control of short-term rates as you warned. Is this the start of the chaos you have warned about? *ANSWER:* It’s not my revenge,... more »

"Speculators Bet on More Stimulus"

noreply@blogger.com (CoyotePrime) at Running 'Cause I Can't Fly - 22 hours ago
*"Speculators Bet on More Stimulus"* By Bill Bonner DUBLIN AIRPORT, IRELAND – "We’re on our way for a brief visit to South America. So, not much from us today. We simply pause and draw breath before the most important news of the week… Bloomberg: "The Federal Reserve added a third dose of liquidity to a vital corner of the funding markets Thursday, helping rates retreat further as investors warn that fresh bouts of stress remain possible in the weeks ahead. The New York Fed injected another $75 billion through an overnight repo operation. That followed a dose of the same size on We... more »

Tweets For Today

War News Updates Editor at War News Updates - 22 hours ago
#UPDATE Yemen's Huthi rebels unexpectedly announced that they planned to halt all attacks on Saudi Arabia as part of a peace initiative to end their country's devastating conflict, five years after they captured the capital Sanaa https://t.co/wGVqyYAPWZ — AFP news agency (@AFP) September 20, 2019 From New York to Mumbai, climate protesters flooded the streets in cities around the globe, marching out of their schools, homes and workplaces to demand action on climate change https://t.co/lpTJjCsjKr pic.twitter.com/C2qQoP9IvG — CNN (@CNN) September 20, 2019 Egyptians protest again... more »

Latvian officials investigate Salmonella and E. coli illnesses

News Desk at Food Safety News - 22 hours ago
Officials in Latvia are investigating 40 Salmonella and Shiga toxin-producing E. coli illnesses with mostly children affected. A total of 36 children and four employees of educational institutions are ill, according to the Latvian Centre for Disease Prevention and Control (SPKC). Salmonellosis has been laboratory confirmed in nine children with symptoms of acute intestinal infection... Continue Reading

Produce markets in U.S. are again getting their fill of Mexican tomatoes

News Desk at Food Safety News - 22 hours ago
An agreement between the U.S. Department of Commerce and Mexican tomato growers is now in effect. It means the U.S. border is again open to Mexico’s $2 billion tomato export market. While just about everyone is praising the agreement, there is some confusion about what it means for food safety. The pro-trade Fresh Produce Association... Continue Reading

Despite Warnings Media Steps on a Rake With “Whistleblower” Story – Ukraine Government Initiated Contact – Giuliani Engagement Was Requested by State Dept. Officials…

sundance at The Last Refuge - 23 hours ago
Well, well, well… the media cannot say President Trump didn’t try to warn them about throwing fake-news rakes in front of their narrative parade – then wondering why they keep getting black-eyes. Here we go, the details begin to surface. … Continue reading →

September 21st – 2019 Presidential Politics – Trump Administration Day #975

sundance at The Last Refuge - 23 hours ago
In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and … Continue reading →

Saturday September 21st – Open Thread

sundance at The Last Refuge - 23 hours ago
Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those … Continue reading →

President Trump and Prime Minister Morrison Deliver Toasts During State Dinner…

sundance at The Last Refuge - 23 hours ago
Tonight the White House Rose Garden was transformed into an incredible dinner under the stars. Guests were seated under the warm glow of decorative lights as President Trump, First Lady Melania, Prime Minister Morrison and Mrs. Morrison celebrated the special … Continue reading →

Google's 72-qubit Bristlecone chip claimed to achieve quantum supremacy

Luboš Motl at The Reference Frame - 23 hours ago
Bristlecone pines are among the oldest living trees on Earth. That's why Steve McIntyre and other people who have done work on the climate reconstructions have used this term many times. The top teams building usable quantum computers – at Google, IBM, Microsoft, and a few more – have been basically boldly promising quantum supremacy to emerge before the year 2019 ends. Now, a few hours ago, we were intrigued by articles such as Google reportedly attains 'quantum supremacy' (CNET) indicating that the promise was just fulfilled. Search a Google News thread. (adsbygoogle = window.adsb... more »

Picture Of The Day

War News Updates Editor at War News Updates - 23 hours ago
North Korean students pose for pictures at Lake Chonji, or “Heaven Lake”, as they visit the crater of Mount Paektu, near Samjiyon. Mount Paektu has long been considered the spiritual birthplace of the Korean nation and is a place of pilgrimage for tens of thousands of North Koreans every year, who are taught from birth to revere their leaders. Every year, 100,000 North Koreans or more are taken on study tours to the camp, the mountain, and nearby revolutionary sites where relics are preserved. Dressing in khaki uniforms said to resemble guerrilla outfits and carrying red flags, they... more »

History is Littered With Deceptive Words

Unknown at The Verma Report - 23 hours ago
Words, like appearances, can be deceptive. The words that historians use to describe the intellectual and social aspects of the past often foster a false impression in modern minds. Words like “humanism,” “renaissance,” “feudalism,” “dark ages,” “enlightenment,” “dialectic,” are modern innovations—they reflect today’s sensibilities and not that of the past. The scholars in 15th century didn’t use the term “humanism”—they were not even aware of the concept of “humanism.” They didn’t think of their period as the Renaissance. Between 9th and 15th century, the politicians and intellectu... more »

Quote of the Day

vonMesser at 'Nox & Friends - 23 hours ago
“Once a government is committed to the principle of silencing the voice of opposition, it has only one way to go, and that is down the path of increasingly repressive measures, until it becomes a source of terror to all its citizens and creates a country where everyone lives in fear.” [Special Message to the Congress on the Internal Security of the United States, August 8, 1950]” ― Harry S. Truman However, it’s not the GOVERNMENT that wants to silence voices, it’s the so-called “Loyal Opposition”. Which is, while certainly the opposition, is anything but loyal. vonMeßer

Concerning this rare and small Friday protest in Tahrir and elsewhere : Something has happened

egyptianchronicler@gmail.com (Zeinobia) at Egyptian Chronicles - 23 hours ago
A security Source told Egyptian and foreign media on Friday that 55 people were arrested for protesting and assembly illegally in Cairo’s Tahrir square. This is the last news we got about those small and rare protests in Egypt especially in iconic Tahrir Square on Friday. [image: From that small protest and rare protest in Cairo's Tahrir square] From that small protest and rare protest in Cairo's Tahrir square "Amr Abdullah/Reuters"Reuters was the first to use the words “rare” and “small” perfectly but I believe these protests would have a bigger impact in the upcoming days. Friday ... more »

Because, Because… I Could Be Leon…

E.M.Smith at Musings from the Chiefio - 23 hours ago
Sting, "Shape Of My Heart" and a movie video. Continue reading →

I’m Always Trying To Help Out

tonyheller at Real Climate Science - 23 hours ago
Greta, Please ask an adult to read this to you. It might help you out.

New Video : My Gift To Climate Alarmists

tonyheller at Real Climate Science - 23 hours ago
This is my most concise expose of the climate scam.

There's Only One 2020 Candidate Who Can Bridge The Great Divide-- And It's Neither Trump Nor Biden

DownWithTyranny at DownWithTyranny! - 1 day ago
As an Independent, Bernie is the one 2020 candidate who has been running a campaign appealing to Americans on both sides of the great economic divide that a new report from Brookings highlights and that John Harwood dug into for CNBC.com readers. "The partisan polarization of America’s economy is rapidly catching up to the polarization of its voting patterns," he wrote yesterday. "Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the Brookings Institution document... more »

U.S. To Deploy Military Forces To Saudi Arabia And UAE

War News Updates Editor at War News Updates - 1 day ago
*NBC*:* U.S. to deploy military forces to Saudi Arabia, UAE after drone attacks on oil sites* *"The president has approved the deployment of U.S. forces which will be defensive in nature," Secretary of Defense Mark Esper said Friday.* The United States is deploying military forces to the Middle East after Saturday's drone attacks on major oil sites in Saudi Arabia that the administration of President Donald Trump has blamed on Iran. "The president has approved the deployment of U.S. forces which will be defensive in nature and primarily focused on air and missile defense," U.S. S... more »

Patriarch of Assyrian Church Honored At Los Angeles City Hall

Councilmembers Bob Blumenfield and Paul Koretz welcome His Holiness Mar Gerwagis III, the Catholicos-Patriarch of the Assyrian Church of the East, to Los Angeles City Hall on Friday, September 20, 2019.

MONEY MONOPOLY ATTACK: Does Big Data Spell Big Trouble?

mosesman at Socio-Economics History Blog - 1 day ago
ITM Trading Links to slides and sources: Facebook announced their entry into currency creation space via their new cryptocurrency, Libra and global governments are riled. Why? Because it poses a threat to their money monopoly. – On August 5, 2019, the Board of Governors of the Federal Reserve System announced a new instant payment system, …

19 Palestinians Arrested by Israeli Regime Forces

mosesman at Socio-Economics History Blog - 1 day ago
Modern Ashkenazi Khazars (90+% of modern Jewry) are NOT the Jews of the Bible! Ashkenaz is not from the tribe of Shem ie. not semitic! They cannot be the descendents of Jacob/Israel who are from Shem! – Genesis 10:1-3 (New King James Version) Nations Descended from Noah 1 Now this is the genealogy of the …

Saudi Oil Attacks Similar to the Gulf of Tonkin Incident: Scholar

mosesman at Socio-Economics History Blog - 1 day ago
Press TV If the Houthi claims of responsibility are to be denied, then there is the possibility that “the attacks on the Saudi oil facilities are a clandestine ‘false flag’ operation similar to the Gulf of Tonkin incident that sparked the escalation of the Vietnam War,” according to Dennis Etler, an American political analyst who …

If Silver’s Price Was Suppressed, Then Buy Physical Silver | Simon Popple

mosesman at Socio-Economics History Blog - 1 day ago
SilverDoctors Simon says we need to play the cards we’ve been dealt, and if that means silver’s been driven down in price and we can buy it cheaper, then back-up the truck and buy physical, but is that the only reason to back-up the truck? On Thursday, Half Dollar had the opportunity to chat with …

Will Central Bank Liquidity Be the Next Recession Catalyst? (w/ Danielle DiMartino Booth)

mosesman at Socio-Economics History Blog - 1 day ago
Real Vision Finance As 2018 drew to a close, global central bank liquidity flipped from net positive to net negative for the first time in a decade. Danielle DiMartino Booth joined Real Vision to explain her thesis that share buybacks have created positive momentum in US equity markets that until only recently have moved away …

Gold-Rigging Scandal Hits The LBMA: JPMorgan’s Gold Manipulator Nowak Kicked Off LBMA Board

mosesman at Socio-Economics History Blog - 1 day ago
Gold-Rigging Scandal Hits The LBMA: JPMorgan’s Gold Manipulator Nowak Kicked Off LBMA Board by Ronan Manly, BullionStar.com, via https://www.zerohedge.com/ Just when you think it couldn’t get any more embarrassing for JP Morgan’s precious metals business and its embattled head, Michael Nowak, it just did today as the powerful London Bullion Market Association (LBMA) moved to oust …

China, Russia Ditching US Bonds

mosesman at Socio-Economics History Blog - 1 day ago
RT America The volume of Russian investment in US government debt fell in July 2019 to its lowest level in 12 years. Russian investment in US bonds has decreased by almost 35 percent since the start of the year. China has begun to follow a similar pattern of divestment. RT’s Yulia Shapovalova reports on the …

US Gov’t Squanders Public Wealth for ‘Endless Wars’ – Ajamu Baraka

mosesman at Socio-Economics History Blog - 1 day ago
RT America International human rights activist Ajamu Baraka joins RT America’s Michele Greenstein (in for Rick Sanchez) to discuss the creep of militarism in US foreign policy, pointing out that “maintaining global hegemony” is a bipartisan consensus in US politics. They also discuss censorship on social media platforms. end

Expert Who Called $1,500 Gold is Now Betting on $20 Silver in Two Months

mosesman at Socio-Economics History Blog - 1 day ago
Kitco NEWS E.B. Tucker, director of Metalla Royalty & Streaming, doubled down on his bet earlier this year that gold would eventually rise to $1,500, an now he’s betting that silver will hit $20 in the next two months. “Right now, we want to trade silver up to $20. We think gold is going to …

We Are UNWILLING PAWNS In The FED’s Game Of Financial Chess – Charles Hugh Smith Weighs In!

mosesman at Socio-Economics History Blog - 1 day ago
Crush The Street Charles Hugh Smith weights in on the FED’s dangerous game of financial chess with our economy, on top of that we dive deep into the correlation between our living standards and the stock market. With QE insanity all around, are Gold and Bitcoin the answer to protecting our wealth from long term …

FedRes Conducts Repo Operation for a Fourth Consecutive Day

mosesman at Socio-Economics History Blog - 1 day ago
CNBC Television In another round of liquidity injection, the Federal Reserve announced results of its auction as it seeks to control the level of its benchmark interest rate. CNBC’s Steve Liesman reports. end

‘Market is Highly Priced as It was in 1929,’ Says Schiller

mosesman at Socio-Economics History Blog - 1 day ago
Yahoo Finance Yale University economist Robert Schiller compares today’s market to that of 1929 but adds that a downward correction, “Is not imminent.” Schiller also discusses the Federal Reserve, interest rates and the housing market. end

A Clueless New York Fed Is Examining Why Banks With Excess Cash Failed To Halt Repo Panic

mosesman at Socio-Economics History Blog - 1 day ago
A Clueless New York Fed Is Examining Why Banks With Excess Cash Failed To Halt Repo Panic by Tyler Durden, https://www.zerohedge.com/ When it comes to occasional (or chronic) dollar shortages, and the plumbing of the overnight lending market, which as everyone knows suffered a spectacular heart attack early this week when the overnight repo rate …

US Drone Strike Kills 30 Farmers

mosesman at Socio-Economics History Blog - 1 day ago
RT America At least 30 Afghan civilians were killed and 40 others were injured by a US drone strike on Thursday. RT America’s Michele Greenstein (in for Rick Sanchez) reports. Meanwhile, new US sanctions have been imposed on businesses associated with CLAP, Venezuela’s food distribution program, in an effort to combat “systemic corruption.” President Nicolas …

JP Morgan Hoarding Silver (Full Show)

mosesman at Socio-Economics History Blog - 1 day ago
RT America Three employees at JP Morgan, the largest bank in the US, have been charged under the RICO act for “spoofing the market.” They made millions for the bank by defrauding other market participants, including their own customers. The defendants include the head of the bank’s precious metals desk. RT America’s Michele Greenstein (in …

Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos

mosesman at Socio-Economics History Blog - 1 day ago
Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos by Tyler Durden, https://www.zerohedge.com/ Yesterday we reported that Goldman now expects the Fed to restart Permanent Open Market Operations, i.e., bond purchases, i.e., QE some time in November. For those who missed it, Goldman assumes a roughly $15bn/month rate of permanent OMOs, “enough …

Could South Korea's Army Beat Back North Korea's Military in a War?

Kyle Mizokami at The National Interest - 1 day ago
*Kyle Mizokami* *Security, Asia* A lot has changed since the 1950s. *Key point: *South Korea's conventional capabilities outmatch those of the North. In the last seventy years, the Republic of Korea Army (ROK Army) has evolved from a constabulary force into one of the largest, most powerful, technologically advanced armies in the world. This remarkable evolution is entirely due to the original 1950–53 invasion and war by neighboring North Korea. This existential threat has never truly gone away, with North Korea consistently threatening—and preparing for—a second, successful inv... more »

Bomb Iran? Trump Should Not Go to War For Saudi Arabia's Mistakes

Daniel R. DePetris at The National Interest - 1 day ago
*Daniel R. DePetris* *Security, Middle East* [image: Reuters] Part of Donald Trump’s success as a presidential candidate was his commitment to preventing Washington from entering into new wars and ending “endless wars.” He should keep one of his most important campaign promises rather than listening to the stagnant, systemically bankrupt Washington establishment. Last weekend’s attack on the Khurais oil field and the al-Abqaiq facility, Saudi Arabia’s largest oil processing plant, jolted crude markets over the short-term and added another layer of concern to a Middle Eastern regi... more »

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