New York Fed Worried About Gambling in Casablanca, Um, Ethics Problem at Big Banks »

This story would be funny if it weren't so pathetic. Yesterday, the Financial Times reported that the New York Fed woke up out of its usual slumber and realized that the crisis has changed nothing and that banks still are in the business of looting have…

Jul 29 2014 / Read More »

Further reading »

Elsewhere on Tuesday, - Nilometers and the language of finance. - Where are the time-traveling arbitrageurs? - Another gave women in the audience a tip for pitching VCs: “Wear a wedding ring.” - Why not link the maximum wage to the minimum wage?Continue…

Jul 29 2014 / Read More »

Why is Financial Stability Essential for Key Currencies in the International Monetary System? »

The dollar’s dominant role in international trade and finance has proved remarkably resilient. This column argues that financial stability…

Jul 29 2014 / Read More »

The 6am London Cut »

Markets: “Asian stocks rose, sending the benchmark regional index to a six-year high, while bonds followed U.S. Treasuries lower before…

Jul 29 2014 / Read More »

Gaius Publius: Obama Leasing Millions of Gulf Acres for Offshore Oil and Gas Drilling »

More and more it’s looking like Obama’s global warming and climate change “initiative” is just a legacy play. He says the right words,…

Jul 29 2014 / Read More »

Photos Emerge Of 10 "Active Militia Teams" Securing The US-Mexico Border »

With 1000s of illegal immigrants crossing the US-Mexico border every day (perhaps even more now some of the border has been washed…

Jul 29 2014 / Read More »
HotForex 50% Bonus

Asset Forfeiture – How To Steal Americans' Hard Earned Cash With Zero Repercussions »

Submitted by Mike Krieger of Liberty Blitzkrieg blog, Almost exactly one year ago today, I published a post which went on to become extremely popular titled: Why You Should Never, Ever Drive Through Tenaha, Texas. If you failed to read it the first time around, I suggest you…

Jul 29 2014 / Read More »

Is This China's QE? »

Shortly after we exposed the real liquidity crisis facing Chinese banks recently (when no repo occurred and money market rates surged), China (very quietly) announced CNY 1 trillion of 'Pledged Supplementary Lending' (PSL) by the PBOC to China Development Bank. This first use…

Jul 29 2014 / Read More »

Israel Destroys Hamas Media Broadcast Outlets In Massive Explosion - Live Feed »

Operation Protective Edge entered its 22nd day on Tuesday, as Israeli ground forces continued their incursion into Gaza following the government rejection of a cease-fire draft proposed by U.S. Secretary of State John Kerry over the weekend. Earlier in the evening, Haaretz reports…

Jul 29 2014 / Read More »
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On Washington's Ukrainian Fiasco: "Who Is The Real Problem Here?"

Submitted by David Stockman via Contra Corner blog, In just 800 words Pat Buchanan exposes the sheer juvenile delinquency embodied in Washington’s current Ukrainian fiasco. He accomplishes this by reminding…

Jul 29 2014 / Read More »

Marc Faber Responds To CNBC Mockery, Asks "How Has CNBC's Portfolio Done Since 1999?"

Having provided his clarifying perspective on why the markets are extremely fragile and due for a 20-30% correction, Marc Faber was assaulted by CNBC's Scott Wapner reading off a litany of recent calls…

Jul 28 2014 / Read More »
How the U.S. is headed for a complete societal collapse! The most important film of all time!

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