Japanese Investors Lose Faith In Draghi – Dump The Most Foreign Bonds In History

Japanese Investors Lose Faith In Draghi – Dump The Most Foreign Bonds In History (ZeroHedge, July 8, 2015):

Did the narrative just change? With the world’s investors having entirely lost faith in China’s ability to control its markets, it appears the omnipotence of global central banks is under scrutiny. First the so-called “contained” risks from Greek contagion are non-existent as despite the best efforts of The SNB (and ECB), European stocks and peripheral bonds have tumbled; and now Japanese investors have dumped over JPY 4 trillion foreign bonds in June – the most ever.

BRICS Bank Officially Launches As Sun Sets On US Hegemony

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BRICS Bank Officially Launches As Sun Sets On US Hegemony (ZeroHedge, July 8, 2015):

The long-awaited BRICS bank has officially launched, marking yet another milestone on the road to global de-dollarization and lending further credence to the notion that the sun is finally setting on the US-dominated multilateral institutions that have defined the post-war world and served to underwrite six decades of dollar dominance.

 

Caught On Tape: The Other Crisis Happening In Greece

Caught On Tape: The Other Crisis Happening In Greece (ZeroHedge, July 8, 2015):

With all eyes firmly focused on pensioners at the gate and ATM lines, there is another – just as cruel and unusual – crisis occurring in Greece. Europe’s immigration ‘problem’ is front-and-center on the island of Lesvos, as KeepTalkingGreece reports,unbelievable scenes as refugees try to raid a food truck. No, this is not Somalia…

The incident took place when nearly 2,500 migrants hosted in the camp of Lesvos (Mytilene) municipality in Kara Tepe saw the catering truck approaching. They started to run for a plate with food.

Read moreCaught On Tape: The Other Crisis Happening In Greece

The Biggest Winner From The Greek Tragedy

The Biggest Winner From The Greek Tragedy (ZeroHedge, July 7, 2015):

Long after Greece has left the Eurozone and Germany is using the Deutsche Mark as its currency, the people of the two nations, antagonized to a level unseen since World War II, will be accusing each other of benefiting more from the brief but tumultuous period of the common currency.

In reality, nobody had put a gun to Greece’s head and told it to lever up, enriching local oligarchs and corrupt politicians, taking advantage of credit that was artificially cheap only due to the common currency and an implicit monetary, if not fiscal, union.

Read moreThe Biggest Winner From The Greek Tragedy

Anonymous takes down New York Stock Exchange; media pretends cyber attack was technical incompetence ‘glitch’

Matrix-Cyber-Attack

Anonymous takes down New York Stock Exchange; media pretends cyber attack was technical incompetence ‘glitch’ (Natural News, July 9, 2015):

Demonstrating America’s extreme vulnerability to activist-driven hackers who are trying to make a point, the New York Stock Exchange was shuttered for most of the day yesterday, stalling out hundreds of billions of dollars in trades.

The lying mainstream media, of course, has rolled out a pathetic (yet hilarious) cover story on all this, claiming there was no hack. Instead, the NYSE is just wholly incompetent and can’t run its own computer systems reliably, we’re told.

Read moreAnonymous takes down New York Stock Exchange; media pretends cyber attack was technical incompetence ‘glitch’

MSM covers up massive cyber attack on America; WSJ, NYSE, United Airlines all under attack

Cyber-Attack-America

MSM covers up massive cyber attack on America; WSJ, NYSE, United Airlines all under attack (Natural News, July 9, 2015):

A pair of “glitches” that occurred in the IT systems of the New York Stock Exchange and United Airlines Wednesday look an awful lot like a cyber attack, according to some experts and observers, though officially, thus far, the glitches are not being described in that manner.

As reported by Breitbart News, the United Airlines snafu Wednesday morning forced the company to ground or delay about 3,500 flights for as long as two hours. Not long after, a “technical glitch” forced the NYSE to halt all trading, with few details being provided.

Read moreMSM covers up massive cyber attack on America; WSJ, NYSE, United Airlines all under attack

‘Hackers’ give orders to German missile battery

Bundeswehr soldiers operating a Patriot missile launcher

‘Hackers’ give orders to German missile battery (The Local, July 7, 2015):

The attack took place on anti-aircraft ‘Patriot’ missiles on the Syrian border. The American-made weapons had been stationed there by the Bundeswehr (German army) to protect Nato ally Turkey.

Read more‘Hackers’ give orders to German missile battery

Dave Hodges about Jade Helm, FEMA Camps and the Coming Red Dawn Invasion of America

FYI.

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Dave Hodges about Jade Helm, FEMA Camps and the Coming Red Dawn Invasion of America (The Common Sense Show, July 7, 2015):

Radio talk show host Dave Hodges of The Common Sense Show joined the Hagmanns as they analyzed news and current events. Among the topics discussed were the latest pertaining to the massive military drill jade helm, domestic military movements, FEMA camps,  and the coming Russia and Chinese Red Dawn invasion of the United States.

Listen to Doug and Joe Hagmann interview Dave Hodges

* * *

FEMA-camp

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fema-box-cars

fema-camps

Is This What The First World Cyber War Looks Like: Global Real Time Cyber Attack Map

Is This What The First World Cyber War Looks Like: Global Real Time Cyber Attack Map (ZeroHedge, July 8, 2015): 

After a series of cyber failures involving first UAL, then this website, then the NYSE which is still halted, then the WSJ, some have suggested that this could be a concerted cyber attack (perhaps by retaliatory China unhappy its stocks are plunging) focusing on the US. So we decided to look at a real-time cyber attack map courtesy of Norsecorp which provides real time visibility into global cyber attacks.

What clearly stands out is that for some reason Chinese DDOS attacks/hackers seem to be focusing on St. Louis this morning.

norse big_2_0

Whether this is related to the series of suspicious cyber failures today, is so far unclear, although if there is a connection at least there is a way to keep track of the first global cyberwar in real-time.

The Legend: Paul Morphy – Lecture By GM Ben Finegold (Video)


19.12.2014

Description:

Grandmaster Ben Finegold pays tribute to his favorite player ever, former unofficial World Champion Paul Morphy. See how the first great American player outclassed his opponents, all while sacrificing pieces and starting a rook down.

Morphy vs Charles Le Carpentier, New Orleans (1849): C44 Scotch gambit
Morphy vs James McConnell, New Orleans (1849): C40 Greco defence
James McConnell vs Morphy, New Orleans (1850): C02 French, advance variation
Morphy vs. NN, ? (1850): C57 two knights defence, Fegatello attack, Polerio defence
Morphy vs Charles Maurian, New Orleans (1857): C37 King’s Gambit Accepted, Ghulam Kassim gambit
Morphy vs Thomas Herbert Worrall, New York (1857): C37 King’s Gambit Accepted, Ghulam Kassim gambit

Microsoft Fires 7,800: Second Biggest Mass Layoff In Its History

Windows

Microsoft Fires 7,800: Second Biggest Mass Layoff In Its History (ZeroHedge, July 8, 2015): 

It has been almost exactly one year since Micorsoft announced it would fire a record 18,000 people (surpassing the previous all time high layoff round of 5,800 in 2009) form a company that one upon a time seen as infallible as AAPL. So perhaps in order to release more funds with which to buy back its struggling stock, moments ago Microsoft did what it had to do to make corporate executives richer, and reported it would lay off another 7,700 workers.

Read moreMicrosoft Fires 7,800: Second Biggest Mass Layoff In Its History

AND NOW: China Makes Selling For Big Investors Illegal

China- Toast-To-Market-Manipulation

China Makes Selling For Big Investors Illegal (ZeroHedge, July 8, 2015):

With another bloody session in the books for China’s bursting equity bubble, it’s now abundantly clear that Beijing and the PBoC have lost control not only of the market but of the narrative as well, despite dozens of attempts to steer both in the “right direction.”

Having corralled selling by the National Social Security fund earlier this week and after discouraging local reporters from mentioning selling in the press, China has now made it illegal for big investors to dump shares over the next six months.

Here are the details via Bloomberg:

China’s securities regulator banned major shareholders, corporate executives and directors from selling any of their stakes for six months, the latest effort to stop a $3.5 trillion rout in the nation’s equity market.

Read moreAND NOW: China Makes Selling For Big Investors Illegal

Greece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary

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Greece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary (ZeroHedge, July 8, 2015):

As we reported yesterday, following the latest European leaders summit, Greece was given until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe’s currency bloc and into economic ruin.

“The stark reality is that we have only five days left … Until now I have avoided talking about deadlines, but tonight I have to say loud and clear that the final deadline ends this week,” European Council President Donald Tusk told a news conference.

It did that moments ago when Greece officially submitted a request for a three-year loan facility from the European Stability Mechanism also promising to implement tax reform, and pension measures at the beginning of next week, which had been the biggest sticking point in negotiations for the past 5 months. And to think Syriza’s main election promise was no more bailouts and the Greek people resoundly said not to just this over the weekend.

Read moreGreece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary

China Crashes Most Since 2007 Amid “Panic Sentiment”; Over Half Stocks Suspended, PBOC Promises “Liquidity Support”

china-crash

China Crashes Most Since 2007 Amid “Panic Sentiment”; Over Half Stocks Suspended, PBOC Promises “Liquidity Support” (ZeroHedge, July 7, 2015): 

*CHINA TRADING HALTS LEAVE 54% OF ENTIRE STOCK MARKET FROZEN, CHINA’S SHANGHAI COMPOSITE INDEX FALLS 8%, MOST SINCE 2007
There’s “panic sentiment” currently in our stock market with “unreasonable selling” pressure – China’s stock regulator spokesman. PBOC TO KEEP SUPPORTING CHINA SEC. FINANCE FOR STABLE STK MKT

The Greferendum Shocker: Tsipras “Intended To Lose” And Is Now “Trapped By His Success”

The Greferendum Shocker: Tsipras “Intended To Lose” And Is Now “Trapped By His Success” (ZeroHedge, July 7, 2015):

Call it game theory gone horribly chaos theory.

It all started with a report by the Telegraph’s Ambrose Evans-Pritchard, whose release of on the record comments by Yanis Varoufakis (which we noted was rather surprising) that Greece was contemplating a parallel currency and potentially nationalizing Greek banks over the weekend, was supposedly the catalyst that got the Greek finmin fired. As a reminder, this is what Varoufakis told AEP on Sunday night: “If necessary… issue parallel liquidity and California-style IOU’s, in an electronic form. We should have done it a week ago.” And this is what the WSJ said on Monday morning:

… the premier decided to act after Mr. Varoufakis told a U.K. newspaper late Sunday that Greece might introduce a parallel currency and electronic IOUs similar to those issued previously in California. Mr. Varoufakis quickly backtracked on his comments to the Daily Telegraph, but his prime minister had had enough, the people familiar with the matter say.

That was the first indication that the wheels had officially come off the Greek wagon.

Read moreThe Greferendum Shocker: Tsipras “Intended To Lose” And Is Now “Trapped By His Success”

Meet The Immigrants Building Trump’s International Hotel In Washington D.C.

Donald-Trump

Meet the Immigrants Building Trump’s International Hotel in Washington D.C. (Liberty Blitzkrieg, July 7, 2015):

When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people.

– Donald Trump in the speech announcing his candidacy for President

A Trump company may be relying on some undocumented workers to finish the $200 million hotel, which will sit five blocks from the White House on Pennsylvania Avenue, according to several who work there. A Trump spokeswoman said the company and its contractors follow all applicable laws. But in light of Trump’s comments, some of the workers at the site said they are now worried about their jobs — while others simply expressed disgust over the opinions of the man ultimately responsible for the creation of those jobs.

“It’s something ironic,” said Ivan Arellano, 29, who is from Mexico and obtained legal status through marriage. He now works as a mason laying the stonework for the lobby floor and walls of what will become the Trump International Hotel.

– From the Washington Post article: At Trump Hotel Site, Immigrant Workers Wary

Donal Trump is a class A clown, but readers of this website don’t need me to tell them that. It’s one thing to be strongly against illegal immigration. It’s quite another to demonize and stereotype Mexican immigrants, the vast majority of whom come here merely to work hard and create better lives for their families. Kind of like the many immigrants working on Trump’s mega construction project in D.C.

The Washington Post reports:

Read moreMeet The Immigrants Building Trump’s International Hotel In Washington D.C.

Florida Man Sentenced to 2.5 Years in Jail for Having Sex on the Beach

Banksters

Florida Man Sentenced to 2.5 Years in Jail for Having Sex on the Beach (Liberty Blitzkrieg, July 7, 2015):

Back in May, I highlighted the case of 40-year-old Jose Caballero, who faced 15 years in jail for having sex on a Florida beach in broad daylight. Here’s an excerpt from the post, titled: Florida Man Faces 15 Years in Jail for Having Sex on the Beach (Still No Bankers in Jail):

This story demonstrates how completely and totally broken the U.S. justice system is. Should this couple have been having sex in public and in broad daylight? Absolutely not. Should there be some sort of punishment? Absolutely.

That said, the punishment should fit the crime in a just civilization, and 15 years behind bars for public sex is more akin to what you’d expect in Saudi Arabia. It’s particularly appalling when compared with the license to commit fraud and steal, which politically connected oligarchs have been granted. After all, who was really harmed by this couple’s act? Sure, some tourists may have had their day temporarily ruined or inconvenienced. A three-year-old girl may have seen something, but would probably have no way of understanding what it was. On the other hand, criminal bankers have demonstrably ruined the lives of hundreds or millions, if not billions, of people across the globe. Yet not a single TBTF executive has been prosecuted. They were bailed out instead.

Read moreFlorida Man Sentenced to 2.5 Years in Jail for Having Sex on the Beach

NOAA: Young herring “suddenly disappear” from Pacific, no one can find them – Millions of missing salmon raising alarms – Fishermen catching only huge numbers of jellyfish (VIDEO)

NOAA: Young herring “suddenly disappear” from Pacific, no one can find them; “This is an enigma, something’s happened” — Millions of missing salmon raising alarms; “Very odd… Very strange… Most different year ever… It looks really bad” — Fishermen catching only huge numbers of jellyfish (VIDEO) (ENENews, July 6, 2015):

Bristol Bay Times, Jul 3 2014 (emphasis added): [T]he sluggish start to a large forecast run was making many people in the industry restless… Naknek-Kvichack district’s run total was about 434,000 sockeye – less than 2 percent of this summer’s expected run of 28.8 million… on the same date in 2014 [it] was already nearly 5 million… Elford saw just one fish hit a net all morning. They were, however, catching jellyfish by the hundreds. Elford says this is strange timing, as jellyfish… signal the end of salmon season.

Alaska Dispatch News, Jul 2, 2015: [Kuskokwim River salmon] returning to spawn is still alarmingly low… [Kings are] dramatically below last year’s count… “Mounting evidence suggests that the 2015 chinook salmon run was early and weak,” Fish and Game managers said… chum salmon also is very low, the Bethel test fishery shows… “The chum salmon run is showing so poorly” [a state biologist] said…”comparable to 1997, which was one of our crash yearsIt looks really bad.”

Read moreNOAA: Young herring “suddenly disappear” from Pacific, no one can find them – Millions of missing salmon raising alarms – Fishermen catching only huge numbers of jellyfish (VIDEO)

Many large marine mammals found dead around California, public warned to expect further strandings — FOX: “Very disturbing… I kept running into more… So unusual… Part of troubling trend” — ABC: “So many dead animals, it felt really tragic… Very peculiar… Fear there’s more to come”

Many large marine mammals found dead around California, public warned to expect further strandings — FOX: “Very disturbing… I kept running into more… So unusual… Part of troubling trend” — ABC: “So many dead animals, it felt really tragic… Very peculiar… Fear there’s more to come” (VIDEO) (ENENews, July 7, 2015):

Fox San Francisco transcript, Jul 6, 2015 (emphasis added): Several dead sea mammals found along Ocean Beach — In San Francisco, an unusual and sad sight at Ocean Beach today. That’s where several dead marine mammals washed ashore… This part of a troubling trend… Back in May, 3 dead whales washed up along San Francisco beaches… Joey DeRuy: “I took photos of it because it was so unusual“… But that wasn’t the end of his unusual beach sightings. DeRuy: “I kept walking and I kept running into more.” He said he spotted a small dead seal, then a much larger mammal that appeared to be an elephant seal. Several people walking by couldn’t help but stop and wonder what is behind the deathsDeRuy: “It’s very disturbing, because I’ve never seen so many animals.”

KTVU tweet, Jul 7, 2015: Dead dolphin & seals are latest marine mammals to wash up on Bay Area beaches

Read moreMany large marine mammals found dead around California, public warned to expect further strandings — FOX: “Very disturbing… I kept running into more… So unusual… Part of troubling trend” — ABC: “So many dead animals, it felt really tragic… Very peculiar… Fear there’s more to come”

Cronyism Pays: Eric ‘Too Big To Jail’ Holder Triumphantly Returns To Law Firm That Lobbies For Banks

H/T reader M.G.:

Eric Holder gets greedy gut job after failing to prosecute ONE greedy gut who caused the crash of 2008……..
What will it take to wake Americans up?
This is appalling.”

More from the “JUST US” department …


Eric-Holder

Cronyism Pays – Eric “Too Big to Jail” Holder Triumphantly Returns to His Prior Corporate Law Firm Job (Liberty Blitzkrieg, July 6, 2015):

Trying to determine Barack Obama’s most corrupt, crony appointee presents a virtually impossible task. Every single person he’s appointed to a position of power over the course of his unfathomably shady, violent and unconstitutional presidency, has been little more than a gatekeeper for powerful vested interests. Obama’s job was to talk like a marxist, but act like a robber baron. In this regard, his reign has been an unprecedented success.

All that said, if anyone is a top contender for the worst of the worst of the Obama Administration, it’s Eric Holder. As head of the Department of Justice, he was the one man who could’ve played an enormously positive role in American society, by punishing those responsible for creating the financial crisis that destroyed tens of millions of lives globally. Instead, he chose to actively protect the financial oligarchs and ushered in a tragic new era for these United States. One in which the world suddenly realized that the U.S. is little more than a glorified oligarchy. Essentially an aggressive Banana Republic armed with nuclear weapons and the swagger of a third world dictator.

Holder’s list of failures and evidence shameless cronyism are virtually endless. I’ve covered many of them on this site. Here are just a few:

Read moreCronyism Pays: Eric ‘Too Big To Jail’ Holder Triumphantly Returns To Law Firm That Lobbies For Banks

Hard luck story: Inmate’s painful 6-day erection costs NYC $750,000 in damages

prison

Hard luck story: Inmate’s painful 6-day erection costs NYC $750k in damages (RT, July 6, 2015):

The City of New York has paid a former jail inmate $750,000 after detention center staff failed to address a painful six-day erection which left him impotent. The man said he was treated “worse than a dog” by workers at the facility.

Rodney Cotton, 51, experienced the hardcore symptoms while serving time at the Manhattan Detention Complex.

“It just started hurting,” Cotton told the New York Post. “And I’m like, ‘What the hell is going on?’ It wasn’t going down.”

Seeking medical attention for the painful erection – a side-effect of an anti-depressant medication – Cotton asked to be taken to a prison medical clinic. But he received a stiff reply from staff members.

Read moreHard luck story: Inmate’s painful 6-day erection costs NYC $750,000 in damages

Shanghai: Lowest Temperature In 145 Years

Shanghai – Lowest temperature in 145 years (Ice Age Now, July 7, 2015):

Expected to get even colder

The mercury dipped to 17.3 degree Celsius in Shanghai on July 6, close to the historic maximum temperature of 15.9 degree Celsius on July 2, 1876, according to wenhui.news365.com.cn.

The weather is expected to get cooler as three typhoons are approaching coastal China, which may bring gales and rainstorms to an already flooded coastal parts of China.

Read moreShanghai: Lowest Temperature In 145 Years