McCain Joins Ukraine Advisory Committee Headed By Georgia’s Fugitive Ex-President

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–  McCain Joins Ukraine Advisory Committee Headed By Georgia’s Fugitive Ex-President (ZeroHedge, May 14, 2015):

John McCain may find himself ‘back in the (former) USSR’ more frequently as the Senator landed on Ukrainian President Poroshenko’s list of advisers along with former Georgian President (and current fugitive) Miheil Saakashvili. This should give McCain an opportunity to realize his dream of turning the ‘conflict’ with Russia into a proper war that self-respecting hawks can be proud of.

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Read moreMcCain Joins Ukraine Advisory Committee Headed By Georgia’s Fugitive Ex-President

George Orwell’s Final Warning

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– George Orwell’s Final Warning (ZeroHedge, May 14, 2015):

“…something like 1984 could very well happen; this is the direction the world is going in at the present time. In our world, there will be no emotions except fear, rage, triumph, and self-abasement… but always there will be the intoxication of power…if you want a picture of the future, imagine a boot stomping on a human face… forever.”

George Orwell - Dictatorship - Revolution

In Stunning U-Turn, NBC Retracts Story That Obama Lied About bin Laden

In Stunning U-Turn, NBC Retracts Story That Obama Lied About bin Laden (ZeroHedge, May 14, 2015):

It would appear someone at NBC News got a rather large tap on the shoulder. In what is a stunning reversal of their confirmation that President Obama lied and lying about the killing of bin Laden, NBC News has updated their original story – that “two intelligence sources tell NBC News that the year before the U.S. raid that killed Osama bin Laden, a ‘walk in’ asset from Pakistani intelligence told the CIA where the most wanted man in the world was hiding”to this“Sources say that while the asset provided information vital to the hunt for bin Laden, he was not the source of his whereabouts.” As Slate concludes, while NBC’s story doesn’t use the word correction or retraction, that’s what this appears to be.

Gov Experts: Jellyfish hordes 10 blocks long on west coast of Seattle; So dense, like you can just walk on them…“Disturbing when all u catch are huge masses of jellyfish”—NPR: They seem to be replacing fish in food chain—Herring gone, salmon dying (PHOTO)

Gov Experts: Jellyfish hordes 10 blocks long on west coast of Seattle; So dense, like you can just walk on them…“Disturbing when all u catch are huge masses of jellyfish”—NPR: They seem to be replacing fish in food chain—Herring gone, salmon dying (PHOTO) (ENENews,May 14, 2015)

Fat Sick & Nearly Dead 2 (Full Documentary)

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In 2010, Joe Cross took viewers on his journey from overweight and sick to healthy and fit via a 60-day juice fast in the award-winning Fat,Sick & Nearly Dead. And now he’s back with Fat, Sick & Nearly Dead 2, where Joe examines how to make healthy habits last for the long-term, and how lifestyle choices impact overall health. Throughout this story, Joe meets with experts who present realistic solutions and viable strategies to make and maintain long-term sustainable improvements to eating behaviors and overall health

Seymour Hersh Slams Establishment Media: “I Am Not Backing Off Anything I Said”

–  Seymour Hersh Slams Establishment Media: “I Am Not Backing Off Anything I Said” (ZeroHedge, May 14, 2015):

“...if anyone didn’t think the president was going to f##k [the Pakistani military] they are out of their mind. He was always going to f##k them…. The White House has been very clever about this. They have gone after me personally. They don’t like me boo hoo hoo.Don’t turn this into some sort of profound anti-American statement.

Gold Breaks Key Technical To 3-Month High, Silver Surging

Gold Breaks Key Technical To 3-Month High, Silver Surging  (ZeroHedge, May 14, 2015):

The last 3 days have seen precious metals surging. Silver is up over 7% – its biggest such rise since Aug 2013, and Gold up 3% – its largest in 4 months. Volume is heavy also. A specific catalyst is unclear but USD weakness is being cited, weak macro data suggesting further easing, China demand ahead of SDR-backing, and finally the realization that the Chinese shift to unconventional monetary policy (LTROs) is a slippery slope to full-blown QE from which few (if any) have ever escaped.

Obama Becoming Global Joke? King Of Bahrain Snubs US President, Meets Horse Instead

Obama Becoming Global Joke? King Of Bahrain Snubs US President, Meets Horse Instead (ZeroHedge, May 14, 2015):

Having been ‘snubbed’ by the new Saudi King Salman, it appears the uneasy relationshipo with our ‘allies’ in The Gulf is ebbing. In what the State Department will, we are sure, just brush off, Politico reports that the king of Bahrain has apparently also snubbed President Barack Obama, preferring instead to attend a horse show with Queen Elizabeth

Bundesbank Blasts Draghi For Breaking Bailout Taboo

Bundesbank Blasts Draghi For Breaking Bailout Taboo (ZeroHedge, May 14, 2015):

“The head of Germany’s Bundesbank ripped into the European Central Bank on Thursday, saying emergency funding for Greek banks broke the taboo of financing governments and it was not up to central banks to decide who was or wasn’t in the euro zone,” Reuters reports.

The Recovery Itself Unravels; Consumer Recession

– The Recovery Itself Unravels; Consumer Recession (ZeroHedge, May 14, 2015):

If March was supposed to herald at least the beginning of the anticipated yearly rebound, April put that idea to rest. We have pushed way past last year’s “aberration” in the polar vortices and way past even the immediate aftermath of the 2012 slowdown (which hit in the also-snowy winter of 2013). You can make the argument that the full US economy is not in recession but it is now exceedingly difficult to sustain any position that doesn’t put the consumer already there.

Ray Dalio: “If You Don’t Own Gold, You Either Don’t Know History Or Economics”

–  Ray Dalio: “If You Don’t Own Gold, You Either Don’t Know History Or Economics” (ZeroHedge, May 14, 2015):

Bridgewater’s Ray Dalio explains in under 120 seconds why everyone should allocate some of their portfolio to gold

“If you dont own gold…there is no sensible reason other than you dont know history or you dont know the economics of it…”

Of course, few ‘status quo’ believers will pay heed to the $150 billion AUM fund manager, despite his imploring that to be successful, “Think Independently, Stay Humble”

Former NATO Commander, Presidential Candidate Makes Millions Pushing Penny Stocks

Former NATO Commander, Presidential Candidate Makes Millions Pushing Penny Stocks (ZeroHedge, May 14, 2015):

Gen. Wesley Clark has been a busy man since retiring from public service with a plan to make $40 million. In addition to chairing notorious investment bank Rodman & Renshaw, the former NATO allied commander and one-time Presidential hopeful has thrown his face and fame behind a plethora of OTC-listed companies, Bloomberg reports. From grilled cheese sandwich trucks to hydroponic lettuce companies run by the real-life Bud Fox, Clark’s name has become so synonymous with doomed penny stocks that one fund manager calls his very appearance on a company board “a red flag.”

Senate Passes Obama’s TPP Fast-Track Trade Proposal

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Senate Passes Obama’s TPP Fast-Track Trade Proposal  (ZeroHedge, May 14, 2015):

Two days ago there was some rejoicing and much surprise when the “Warren-faction” of Senate liberals turned against Obama, and failed to vote for a fast-track approval of the TPP. That surprise lasted for about 48 hours when moments ago, in a 65-33 vote, the Senate finally advanced a measure allowing Obama to expedite approval of trade agreements, a bill with bipartisan support in that chamber which however according to Bloomberg may run into strong opposition from House Democrats.

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The vote followed separate votes sought by Democrats to pass proposals curbing currency manipulation and boosting imports from sub-Saharan Africa. The Senate plans to consider amendments to the fast-track trade proposal next week.

Read moreSenate Passes Obama’s TPP Fast-Track Trade Proposal

London Housing Bubble Watch: $630/Month For A Bed “In” A Shared Kitchen!

 –    London Housing Bubble Watch: $630/Month For A Bed “In” A Shared Kitchen! (ZeroHedge, May 13, 2015):

You know it’s a bubble when… A listing has appeared online advertising a single bed in a house in London where the mattress is located in the kitchen.

 

China Goes “UnCONventional” In Effort To Tackle Trillions In Debt, Rescue Economy

 –    China Goes “Unconventional” In Effort To Tackle Trillions In Debt, Rescue Economy (ZeroHedge, May 13, 2015):

China has officially entered the realm of “unconventional” monetary policy, joining the Fed, the ECB, the BoJ, and a whole host of other global central banks in an attempt to bring the supposedly all-mighty printing press and the unlimited balance sheet that goes with it to bear on subpar economic growth. We suspect the results will be characteristically underwhelming (at least in terms of lowering real interest rates, although in terms of boosting risk assets, the results may be outstanding) meaning it’s likely only a matter of time before LTRO becomes QE in China just as it did in Europe.

 

It’s Official: The BoJ Has Broken The Japanese Stock Market

 –  It’s Official: The BoJ Has Broken The Japanese Stock Market (ZeroHedge, May 13, 2015):

Monetizing the entirety of gross government bond issuance and amassing an equity portfolio worth just shy of $100 billion on the way to cornering the entire ETF market may come across as insanely irresponsible even in a world that is now defined by insanely irresponsible central banks, but Haruhiko Kuroda does not care because when it comes to QE and the financing of governments via central bank-assisted ponzi schemes, no one does it like the BoJ.