Financial topics

[aedens]

http://www.americanthinker.com/author/raymond_ibrahim/
http://www.voltairenet.org/en
http://www.nytimes.com/2015/08/02/us/gr ... -news&_r=0

I can see why Moses hit the stone twice. num20:8

[aedens]

port side report https://www.wsws.org/en/articles/2015/0 ... e-j20.html

80 percent of the Yemeni population faces conditions of starvation -- water supply's critical
https://www.youtube.com/watch?v=pEq8DBxm0J4

https://www.youtube.com/watch?v=ZY_nq4tfi24
Vidal vs Buckley - Crypto-Nazi redux

https://search.yahoo.com/yhs/search?p=R ... mp=yhs-005

Section 4 was designed to ensure that the post-Civil War Congress could not pass laws that reneged on the sizable U.S. debt accumulated during the war. The key word in Section 4 is "debt." Its meaning is understood only in juxtaposition to the broader word "obligation," which was proposed, but rejected, by Section 4's drafters. The narrower word "debt" encompasses only money borrowed by the U.S. as a debtor, and consequently owed to a creditor.
The "debt" that "shall not be questioned" under Section 4 thus refers only to bonds and similar debt instruments. It does not include statutory "obligations" like Medicare, Social Security and other entitlements. These statutory obligations are not constitutionally protected in any way, and can be repealed, limited or otherwise altered by a simple majority vote of Congress.

http://www.adamlebor.com/books/hitler%2 ... t_bankers/

[aedens]

July 2015 4,000 people fired by SCB....

http://www.zawya.com/story/StanChart_sa ... e-homepage

UK Private Bank Head quit. http://www.ftadviser.com/2015/08/03/ifa ... ticle.html

Canada's RBC withdrew from Switzerland.

http://www.telegraph.co.uk/finance/news ... e-SYZ.html

Abu Dhabi's Al Hilal Bank lost its Chairman as well as the CEO: http://gulfnews.com/business/sectors/ba ... -1.1553248

Merrill Lynch lost their Global CIO. http://www.wsj.com/articles/merrill-cio ... 1437162321

Credit Suisse HK head also resigned: http://www.carrawaygroup.com/news/credi ... igns/6647/

Rothschild lost HK CEO: http://www.carrawaygroup.com/news/credi ... igns/6647/

BMO lost its HK CEO; http://www.carrawaygroup.com/news/bmo-h ... ness/6406/

SCB lost China head in Singapore: http://www.carrawaygroup.com/news/stand ... hina/6503/

RBS sold it's Private Bank in India: http://articles.economictimes.indiatime ... shiv-gupta

JP Morgan CEO quit in Singapore: http://citywireasia.com/news/singapore- ... nk/a825214

China bought itself a whole private bank in Germany. Of course will fire a few top people: http://www.bloomberg.com/news/articles/ ... man-wealth

Barclays will fire over 30,000: http://www.thetimes.co.uk/tto/business/ ... 502630.ece

MAS Clearsight CEO ran away in Dubai, DIFC.

Not to mention that SCB, Credit Suisse, Barclays and Deutsche all fired their CEO's and in some cases many other senior executives in the past 6 months!

Also, hundreds of thousands of jobs have been cut across oil/energy sector and several thousand in the gold and coal sector.....

Most will never find jobs and manufacturing will slow down to a standstill.....and all over indebted firms will fall apart...

The next major default in India will blow up any minute. This is at least 4 times larger loss as compared to Mallya's Kingfisher airlines that went bust previously : http://www.livemint.com/Money/7sqngwbKF ... fault.html

h/t db

[John]

Don't forget the medical services sector. Obamacare and the NHS are
causing many thousands of people to lose their jobs.

[aedens]

Why would they even pretend to care about that topic? The rate of external decay only matches the internal rot.
The rot starts at the top and only then can the culture change begin to start.
The balance of trade will announce the next leg.

http://gdxforum.com/forum/viewtopic.php ... cal#p27688

http://nord.twu.net/acl/research/

The price of eggs theory will announce the reality just as before. When they appear you can then factor the carnage that was.

http://theantimedia.org/why-nato-is-bom ... mic-state/

https://www.youtube.com/watch?v=HUMh8GQnDW8

http://www.suspicious0bservers.org/ also as we noted the radiation in the upper atmospere on earth that vanished will take a decade to trend
the facts.

[aedens]

Also, we know nothing.

Needless to say, this GRB cluster discovery has the potential to cause a sweeping paradigm shift in astronomy.
At the very least, it reminds us just how small our view of the universe really is.

http://www.mnn.com/earth-matters/space/ ... z3i2cmFQWM

G was correct early on the dimming effects some are trending.

http://nord.twu.net/acl/research/fabian.html

It is an undisputable historical fact that the American system, a "dynamic equilibrium between industry and agriculture," worked for over one hundred years. (The Russian leader Trotsky was still complaining about the success of the American system as late as 1929. http://www.marxists.org/archive/trotsky ... disarm.htm)

They would not know about culture change if it bit them in the ass any more..

"Government debt doesn't matter!"- Krugman, Cheney and that psychotic Greek bastard that used to have "contributor privileges" here. t

http://redefininggod.com/ no accidents exist since fragments are the point

[aedens]

Don't forget the medical services sector. Obamacare and the NHS are
causing many thousands of people to lose their jobs.

Scott v. U.S. Department of Health and Human Services, 3:15-cv-00193, U.S. District Court, Northern District of Florida (Pensacola).

Same thought map of the LITC issues we seen.

Well played indeed by the Swamp Herders.

http://thehill.com/homenews/senate/2504 ... et-process
Plucked uncle joe chickens still eating the same feed as seen before. Either way who knows these days execpt the fabian cults.

http://cdn.executive.mit.edu/6e/b0/bea9 ... ochure.pdf

http://gdxforum.com/forum/search.php?st ... only&ch=-1

context: sticky wages

No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own choosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity. human action mises 1949

Hayek on Keynes:
The decisive assumption on which Keynes’s original argument rested and which has since ruled policy is that it is impossible ever to reduce the money wages of a substantial group of workers without causing extensive unemployment. The conclusion which Lord Keynes drew from this, and which the whole of his theoretical system was intended to justify, was that since money wages can in practice not be lowered, the adjustment necessary, whenever wages have become too high to allow “full employment,” must be effected by the devious process of reducing the value of money. A society which accepts this is bound for a continuous process of inflation. Sudha Shenoy

thread noted: Recent local numbers last 60 days for us outside in the real world also in Michigan:
21.8 percent of children living in poverty 2011, a jump of 30 percent since 2005 in our area.
4 out of every 10 children live in poverty as it was conveyed now in 2014.

Low Income Taxpayer Clinics (LITCs) The "blueprint"

We covered Zeke. http://gdxforum.com/forum/search.php?ke ... sf=msgonly

http://www.zerohedge.com/sites/default/ ... ernals.jpg

[aedens]

Putinville runs over cheese from the west and already the MIC deadheads have plans.
http://www.theoccidentalobserver.net/20 ... -for-2016/

Tell me who is awake enough for any dialog these given days.
As for the bight bulbs, only the public education cult can save you.
The normalcy bias was decribed as the mill stone. Luke 17

Rising rent is destroying spending for that segment. It's going to pack a whallop.
Either the fed raises rates and crashes the RE market or the consumer economy is toast. t

[aedens]

Fiat wars http://deepgreenresistance.org/en/deep- ... -scenarios

http://www.biography.com/#!/people/jcl- ... ondi-37535

However, it is not enough to criticize “the cruelty of this culture.” Archbishop Jose Gomez Aug 5, 2015

7 August 2015 :Up to 700 refugees were on board a fishing boat that capsized 15 nautical miles off the Libyan coast on Wednesday. More than 200 are feared drowned. According to the Italian coast guard, around 400 people were rescued, while 26 bodies were recovered from the sea so far. One hundred refugees were below deck at the time and likely went down with the ship.

http://www.amazon.com/All-That-Remains- ... 0887283063
There are at least two locations that claim to be the place of Job's ordeal, and at least three that claim to have his tomb.
In Palestinian folk tradition, Job's place of trial is Al-Jura, a village outside the town of Al Majdal—also called Ashkelon

I find the irony unlimited since Jonah's tomb was defiled also.
The blowing up of Jonah’s shrine occurred on July 24th 2014.

[aedens]

At the same time, Sikorsky is using a "temp service" to hire new employees. The temp service has a 40 page questionaire. Very personal stuff. They are activaly seeking 25-45 year old single males as statistically they are the cheapest to insure, having no families or female plumbing....

But no one seen that coming.