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Articles by Herd Redirectio.
"Active Shooter Situation", Hostage Situation In Downtown Charleston
Police in downtown Charleston, S.C, are responding to an "active shooter situation" near King Street between Calhoun and Morris Streets, according to police spokesman Charles Francis. Employees working in the area near Virginia's restaurant say they are on lockdown as police swarm the area and ask people to avoid the area, the Post and Courier reports. An owner of a nearby boutique said the police activity is focused around Virginia's on King, a restaurant in the heart of downtown.
"March On Google" Protest Postponed Due To "Credible Terrorist Threat"
A protest march planned for Saturday at Google in Mountain View has been postponed, according to a blog post by its organizers, who said they had received "credible" terrorist threats. As the Mercury News reports, the “Peaceful March on Google” has been postponed “due to credible Alt Left terrorist threats for the safety of our citizen participants,” the group wrote in a blog post.
Savage: "There Will Be Civil War In This Country" If Trump Taken Down
Back in June, less that 24 hours before James Hodgkinson decided to open fire on the GOP baseball practice in Alexandria, VA, radio host Michael Savage was commenting on developments that had escalated the anti-Trump “resistance,” such as comedian Kathy Griffin’s ISIS-style photo shoot of the decapitated likeness of Trump and the “Julius Caesar” play in Central Park featuring the assassination of a Trump-like figure, and predicted "there are people out there who are marginal, who are going to...
Only 3% Of Germans Think The State Is Reacting Correctly To Extremism
The ferocious street riots during the G20 summit earlier this month in Hamburg have fueled the discussion about political extremism and violence in Germany. One talking point is centered on the question if the state and the police reacted adequately, and how extremism should best be countered in general. Just days before the summit, German Federal Minister of the Interior, Thomas de Maizière, presented an annual report on extremist activities in Germany.
Trump Was Right Again: Israeli Teenager Arrested Over Phone Threats To Jewish Community Centers
Three weeks after we reported that a St. Louis man, Juan Thompson - a former Intercept reporter and staunch Bernie Sanders supporter - was arrested in connection with at least eight of the dozens of bomb threats made against Jewish organizations across the country, an effort which many described as a "false flag" attempt to implicate and blame "anti-semitic" Trump supporters, today the NYT reported that police arrested an Israeli teenager with dual US-Israeli citizenship in further connection...
5 Financial Myths You Should Ignore
Authored by Richard Rosso via RealInvestmentAdvice.com, The financial terrain is strewn with robust fables cleverly disguised as facts.
Jewish Trust Sues Deutsche Bank For $3 Billion
Just when it seemed that no more lawsuits are possible for Germany's largest lender, which over the past two years has settled or otherwise paid billions to set aside a barrage of allegations of wrongdoing leading to the bank's suspension of bonuses for most senior bankers, today we learn that Deutsche Bank was sued by a Jewish charitable trust in Florida, alleging that the bank wrongly withheld as much as $3 billion from the heirs to a wealthy German family.
Hundreds Of US Tanks Arrive In Europe To Support NATO Anti-Russian Buildup
As we reported yesterday, Lithuania confirmed the presence of U.S. special forces inside its territory, stating the deployment’s purpose is to train local forces and act as a deterrent against Russian aggression. Supposedly, the move is in response to a "escalation" by Vladimir Putin, who has been deploying nuke-ready missiles in the Russian province of Kaliningrad located in the heart of central Europe.
Who's Behind The Portland Riots? 60% Of Arrested Anti-Trump Protesters Were From Out Of State, Didn't Vote
Two months ago, Charlotte police confirmed that 70% of those arrested during the riots were from out-of-state. 18 months before that, as the riots flared in Ferguson, George Soros spurred the protest movement through years of funding and mobilizing groups across the U.S., according to financial records reviewed by The Washington Times. And now, amid more headlines of Soros' involvement, KGW reports that more than half of the anti-Trump protesters arrested in Portland were from out of state.
Dire Free Speech Warning Issued By Executive Director Of Kansas City Library System
Submitted by Mike Krieger via Liberty Blitzkrieg blog, The following story hasn’t received the attention it deserves. Back in May, a man was arrested by a private security guard and an off-duty police officer after asking pointed questions to American diplomat and author Dennis Ross during a library discussion. When a library employee attempted to intervene, he was also arrested.
Loss Of FBI Reputation Irredeemable: James Comey Will Resign
Via The Daily Bell, Fresh proof the FBI’s Hillary email probe was a joke … Yet another surprise revelation suggests strongly that the FBI’s probe of Hillary Clinton’s e-mail mess was anything but a by-the-book investigation. House Oversight Committee Chairman Jason Chaffetz (R-Utah) said he learned only Friday that the Justice Department gave immunity deals to Clinton’s former chief of staff, Cheryl Mills, and two other aides.
Caption Contest: Whatcha Talkin' Bout Putin?
Snubbed, shunned, and left to play in the corner at this weekend's G-20 meeting, with loser Merkel; President Obama looks on wantonly as Russia and Turkey talk behind his back... Body language speaks a thousand words... Pan out and the real shape of the world is clear... Europe's Juncker marginalized, China close to Germany, Putin pulling strings, Obama eagerly looking on, and Theresa May and the Saudis 'close'
White Lives Matter Has Been Branded A "Hate Group"
While Black Lives Matter continues to be the topic of national progressive and race debate, with its participants appearing in numerous media outlets while collecting generous donations from the likes of George Soros, its diametrical opposite, White Lives Matter - a group which calls itself an opponent of the Black Lives Matter movement - has just been declared a hate group by the Southern Poverty Law Center, an organization that tracks extremist groups in the United States.
Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words
At the height of the financial crisis, when risk assets were imploding and counterparties were in danger of overnight collapse, Deutsche Bank avoided failure and nationalization by fabricating the value of its $130 billion derivative portfolio of "leveraged super senior" trades. Some history: back in 2005, these trades were seen as "the next big thing" in the world of credit derivatives, something which DB at the time was building a massive position in.
As Hillary Polls Slump, Even Michael Moore Says "Trump Is Going To Win
As Hillary Clinton prepares for the Democratic National Convention next week, the latest poll shows she is now tied with Trump (losing a 7 point lead from before FBI Director's Comey's decision). While the DNC will likely provide a bounce (Trump at 7 week highs), if outspoken liberal filmmaker Michael Moore's comments are anything to go by, the best is behind Hillary... "I think Trump is going to win.
100 Jihadis Enter Syria From Turkey Each Week, French Intelligence Finds
In the aftermath of the most recent terrorist attack in France, prospects for a calm future in the country plagued by outbreaks of terrorism appear grim. Just a week ago, even before the tragic event in Nice, the French General Director for Internal Security Patrick Calvar told members of the French parliamentary commission that thanks to the increasing frequency of sexual assaults by islamic migrants, "Extremism is growing everywhere...
China Warns US Patrols In South China Sea Could End In "Disaster" As It Launches Navy Drills
Less than a week after a Hague tribunal found that China has no territorial rights in the South China Sea, contrary to Beijing's "Nine Dash Line" claims, China has made it abundantly clear that it will no comply with the ruling when overnight a senior Chinese admiral said that Freedom of navigation patrols carried out by foreign navies in the South China Sea could end "in disaster" while also announcing the unexpected start of navy drills in the contested waters, in the most direct warning to...
"Dear Bernie Sanders Supporters..."
Submitted by Nick Bernabe via TheAntiMedia.org, Dear Bernie Sanders supporters, I was you in 2012. I put my blood, sweat, and tears into a presidential candidate who wound up getting screwed over by his own party, voter “ irregularities,” the media, and the ‘inevitability’ mindset toward the ‘mainstream’ candidate that pervaded the voting public. His name was Ron Paul; you may have heard of him and the revolution he continues to inspire.
The Unintended Consequences Of The $15/Hour Minimum Wage
Submitted by Charles Hugh-Smith via OfTwoMinds blog, "The $15 minimum wage will come out of the hides of working people eating lunch or running errands after work." For many, the most direct way of increasing the income of low-wage workers is to raise the minimum wage significantly. Many high-cost states have already passed legislation to raise the minimum wage to $15/hour.
Deutsche Bank CoCo Bonds Soar To 11.5% Yield Following Bailout Demands
Submitted by Anthony Sanders via Confounded Interest blog, No, a Coco bond is not a new Chanel perfume or a Hersheys product. Rather, CoCo stands for contingent convertible capital instrument (CoCo) are is a hybrid capital security that absorbs losses when the capital of the issuing bank (such as Deutsche Bank) falls below a certain level. Italy’s Unicredit and Spain’s Banco Santander have higher CoCo bond yields.
Why Gundlach Thinks It's Going To Get Worse, And Why He Is "Pretty Sure That Trump Will Win"
Yesterday, when referring to the latest interview Jeff Gundlach gave Barron's, we presented the bearish DoubleLine "bond king's" portfolio which he broke down as follows: "high-quality bonds, gold, and some cash." He promptly added the following rhetorical response to inbound inquiries: "People say, “What kind of portfolio is that?” I say it’s one that is outperforming everybody else’s.
Rudy Giuliani: "Today Hillary Clinton Was Put Way Above The Law"
The reactions to the FBI's shocking announcement in which it announced it would not seek charges against Hillary Clinton are coming in fast and furious, with House Speaker Paul Ryan announcing moments ago that, at least in his view, Trump was spot on when he tweeted over the holiday weekend that the system is rigged when he said that the FBI's decision not to suggest the Department of Justice brings charges against former Secretary of State Hillary Clinton "defies explanation." While I...
Mafia Expert Calls Great Britain The "Most Corrupt Place On Earth"
The City is a semi-offshore state, a bit like the UK’s crown dependencies and overseas territories, tax havens legitimized by the Privy Council. Britain’s financial secrecy undermines the tax base while providing a conduit into the legal economy for gangsters, kleptocrats and drug barons. Even the more orthodox financial institutions deploy a succession of scandalous practices: pension mis-selling, endowment mortgage fraud, the payment protection insurance con, Libor rigging.
Flexible Labor Is The Future
Flexible labor is the future for the basic reason that it is the only viable model going forward. If we can't go forward, then let's go back: this is the guiding philosophy of the labor movement that seeks security via strict work rules. The premise here is simple: employers could provide their employees with secure employment if only they weren't so greedy. Unfortunately, it isn't this simple.
"It's A Nightmare" - As Rail Workers Go On Strike In France, Hollande Scrambles For Calm
With just over a week to go before the first match in Euro 2016 gets underway in France, and with the CGT union causing fuel disruptions in the country, French president Francois Hollande is now facing significant transportation disruptions. Workers at the country's national rail-operator SNCF began a rolling strike at 7pm Tuesday evening, while Metro and rail workers in Paris will start an open-ended strike on Thursday according to France 24.
How to Play Amazon (Video)
Investors and Traders should remember there is a huge difference between a great product or company and a stock. I think oftentimes investors get these two ideas confused in properly evaluating the value of a company`s stock price. Just remember everything has a price, and at some point valuation concerns come into play regardless of how great a company outperforms in their business segment.
How To Legally Scam The Welfare System
First, put down all sharp objects. Now, meet Edith Calzado - maybe the single most successful and productive beneficiary of government assistance you’ll ever meet. As NPR's Planet Money's latest podcast "The Art of Living At The Poverty Line" explains how many Americans are taking advantage of the welfare system...
Switzerland's Gotthard Base Tunnel: Swiss Engineered, Foreign Made
Earlier we introduced the Gotthard Base Tunnel, the longest and deepest tunnel in the world. The 35 mile long tunnel which cuts underneath the Alps helps remove natural barriers to trade and tourism, and is undoubtedly a testament to Swiss precision engineering. Interestingly, as Bloomberg reports, the tunnel that was 17 years in the making and had workers on three shifts working around the clock to build, was built primarily by foreigners.
"I'm Going To Stick With This Right To The End" - French President Hollande Threatens Union Protesters
French president Francois Hollande is not bending to pressure by labor unions trying to force the government to retract unpopular labor laws that were recently forced through parliament. Unions have gone on strike in order to shut down refineries, and have blocked fuel distribution with barricades and pickets in hopes that the economy will suffer enough to get the government to back off the reforms. In response, the government is now sending police in riot gear to break up the blockades.
The Choice For Venezuela Is Stark: Print Money & Fail Or Establish Sound Money
There are a number of reasons why adopting the USD is a natural choice for any Venezuelan government that is not bent on self-destruction. Let's start our analysis of Venezuela's economic plight with two exhibits: Exhibit A is a chart of the market (free) exchange rate of the Venezuelan Bolivar and the U.S. dollar (USD), and Exhibit B is a chart of the USD. Back in 2003, when the writing was already on the wall, one USD bought 1.6 Bolivars.
Next Up For Exploding Health Insurance Premiums: New York
When we warned recently that thanks to Obamacare, insurance companies would be unveiling significant price shocks one week before the presidential elections, we knew it was only a matter of time before the 2017 proposals would start to be released and double digit increases would be unveiled to the public. Sure enough, we were proven right when the first two states to release proposals, Oregon and Virginia, showed that insurers were indeed asking for significant double digit increases.
Warning Signs Everywhere
Over the last several weeks, I have discussed the markets entrance into the “Seasonally Weak” period of the year and the breakout of the market above the downtrend line that began last year. The rally from the February lows, driven by a tremendous amount of short covering, once again ignited “bullish optimism.” But it is not just Tony that is buying into the “optimistic” story, but investors also as the number of stocks on “bullish buy signals” has exploded since the February lows.
"Ugly Outcomes" Loom As Fed Suppression Forces Long Term Economic Repression
The Federal Reserve really wants to raise rates, but they do not dare as the consequence of interrupting an unprecedented level of capital misallocation is too grave to face head on. So our money masters continue their low interest rate policy; pulling society further and further into a capital structure that cannot be sustained long term. In other words, scare capital is consumed in order to feed the present structure of production.
"He's Burning Down The House" - Clinton Campaign Furious At Sanders Insistence On Democracy
While Donald Trump's run through the competition on his way to the presidential nomination was swift (as was his complete dismantling of the GOP establishment), Hillary Clinton hasn't fared as well in her quest for the Democratic nomination. Bernie Sanders is giving Hillary fits, and she doesn't like it one bit that the Vermont Senator won't stop delivering his message until the final bell rings.
Donald Trump - Republican Party Savior?
Those who got Donald Trump totally wrong in the nomination process, still have not figured out why. Thus, it’s no surprise they are still wrong now. I propose, that instead of being the demise of the Republican party, Donald Trump will be its savior. Still Not Getting It Let’s kick the discussion off with Nate Silver’s analysis Why Republican Voters Decided On Trump. Donald Trump is going to win the Republican nomination.
This Is What $80 Million Gets You - Hyperloop 'Unleashed'
Putting the "hype" in hyperloop - 3 seconds of awesome...ish.
Concerned 'Anti-Republican' Writes "Dear Hillary, I'm Worried..."
The truly fascinating takeaway from the survey can be found in the details. The key demographics Clinton needs to do well in (youth and independents) are areas in which she struggles mightily in these swing states. In contrast, Bernie Sanders dominates Trump in those two categories, proving once again that he’s by far the stronger general election candidate. The major takeaway is that Trump and Clinton are locked in a total dead heat in the three key swing states of Florida, Ohio and Pennsylvania.
When Is A Boot On The Ground Not A Boot On The Ground?
No one disputes that U.S. military forces are fighting in combat in Iraq and Syria -- except maybe President Barack Obama and some members of his administration. The semantic arguments over whether there are American "boots on the ground" muddy the view of a situation in which several thousand armed U.S. military personnel are in Iraq and Syria.
WTI Crude Soars 5% Off Post-Doha Lows
Why not... makes perfect sense, right? June up 5% off the lows... And May up 5.6%... As we suspect hedges are being lifted and the vol tail is wagging the oil industry's dog... Buy the rumor, buy the news, but the total disappointment... Just Buy Stupid!! Average: Your rating: None Average: 5 (1 vote)
Brent Crude Soars 8% Off Lows - Erases Entire Post-Doha Drop
Sometimes you have to laugh... *BRENT CRUDE ERASES DECLINE, TRADES 22C HIGHER AT $43.32/BBL While WTI is still not quite there, Brent Crude has erased a 7%-plus decline...
Frontrunning: April 14
Facebook Inc hired Regina Dugan from Google to lead a new research and development lap focused on large technological leaps. (http://bit.ly/1T52Xub) Coal producer Peabody Energy Corp filed for bankruptcy protection after bearing the brunt of low prices and falling demand. (http://bit.ly/1T5388A) Jeremy Corbyn backed Britain remaining in the European Union as the Labour party seeks to mobilise support behind the Remain campaign.
McDonalds Responds To Minimum Wage Hikes, Launches McCafe Coffee Kiosk
When it comes to jobs growth in the US, all one can say is thank god for waiters and bartenders: after all, a Starbucks barista is precisely what a recently fired oil chemical engineer making half a million dollars really wants to do with their life. However, the days of easy job gains for the BLS may be coming to an end (even if on a seasonally adjusted, goalseeked basis the trend has a long way to go).
USDJPY Spikes On Reuters Story BOJ To "Debate Further Easing"
With the USDJPY crashing to a fresh 17 month low, sending the Nikkei down 2.3% and taking out levels during which we have seen direct BOJ intervention in both February and March, many were wondering how a panicking Japan would try to push its currency lower.
How The U.S. Treasury Just Crushed 80 Hedge Funds
The following list, according to Goldman Sachs, shows 50 stocks that most frequently appear among the largest 10 holdings of hedge funds. Spot the top one. After today's absolutely slaughter of Allergan, we expect the Goldman Hedge Fund VIP basket, whose constituents this table shows, to be absolutely obliterated.
The Inevitable Failure Of The War On Cash
Some years ago, when I suspected there would be a War on Cash at some point, everything in the behaviour of the central banks pointed to the idea—it fit exactly into their own informed, yet unrealistic, pattern of logic. I therefore decided that it would be a likely development and would take place at a time when they had tried everything else and had run out of other ideas. As to a date when this might happen…I had no idea.
"Godfather" Of Technical Analysis 'Nails' The Correction
In Q1 2007, the so-called "godfather" of technical analysis Ralph Acampora told a 'Goldilocks'-prone Larry Kudlow on CNBC that "I'm bullish, but I don't think I am bullish enough...there's new leadership." That call turned out to be very close to top-ticking the market before it's collapse. Fast-forward nine years and Ralph is back, proclaiming that Yellen has "lit a fire under the stock market... and the correction is over." "Bear market" confirmed on the day of the lows...
What Happens Next?
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Turkey's President Speaks At Brookings As His Bodyguards Attack Journalists, Protesters
In a few moments, Turkey's president Recep Erdogan will address the Brookings center with a speech titled "Global challenges and Turkey's goals for the year 2023." The speech can be watched below: However, the major news is not Erdogan's speech, but what is taking place just before it, and how it puts any treatment of a Trump protest to shame.
Iran's Future Is In Missiles, Not Dialogue, And Anyone Who Says Otherwise Is "Ignorant Traitor": Ayatollah
The ink on the Iran nuclear deal wasn’t even dry yet when Tehran tested a next generation, surface-to-surface ballistic missile with the range to hit archrival Israel. The Emad, as the new weapon is called, expands upon Iran’s already impressive arsenal of missiles which the IRGC insists are paramount to securing the country against regional threats. The country’s missile program, Tehran says, is purely defensive in nature.
Stocks Shrug Off Dismal Data, Shootings, Bomb Alerts, And Viruses To Close Unchanged
Well that was a busy (no volume) day...But first some Easter Bunny fun... Overnight JPY selling juiced stocks up but as soon as reality slapped them in the face - with housing data that everyone ignored for its idiocy and spending data that crushed hopes and dreams for Q1 GDP. However, the afternoon saw shootings at The Capitol, Times Square bomb alerts, and FBI investigating a major virus... stocks did not care. We were not surprised...
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