This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare ... Deutsche Bank AG (NYSE: DB) - with its stock now trading at a 30-year low - was recently called the world’s riskiest financial institution by the International Monetary Fun … In a last-ditch effort to save itself, DB is trying to dump a bucket load of credit derivatives … You would think no one would buy the...Read More
China to play greater role in Syria while US 'left out' ... Are we seeing the start of a new anti-Islamic State coalition with Russia, Iran and China's involvement in Syria? How could it influence the balance of power in the region? What reaction could be expected from the West, particularly from the countries involved in Syria? -RTThe organization of a larger war continues to become apparent. It...Read More
BRIEFGet ready for the era of The Bitch ... If Hillary Clinton wins the White House in November, it will be a historic moment, the smashing of the preeminent glass ceiling in American public life. - Atlantic (here)This Atlantic article promotes the idea that many men will be angry with President Hillary because of her gender.This is its ultimate point, even though to begin with the article fairly...Read More
BRIEFEvery Month This Year Has Been the Hottest in Recorded History ... On Wednesday, the US National Oceanic and Atmospheric Administration (NOAA) announced that July was the hottest month ever recorded on our planet, since modern record-keeping began in 1880. -Motherboard (here) Once again, as almost always it seems, we are confronted with "facts" about global warming.The point of such propa...Read More
BRIEFRyan Lochte, Jimmy Feigen, Gunnar Bentz and Jack Conger's celebratory night out in Rio continues to get weirder. First the group said they were mugged in a taxi. Then the story changed to include a stop at a gas station restroom. Now authorities have focused on the gas station restroom and there is apparently security footage that shows one of the swimmers "breaking down" a door and "fighting...Read More
BRIEFFake human sacrifice filmed at Cern, with pranking scientists suspected … Scientific users' of the Geneva facility 'let their humour go too far' with staging of occult rite ... The video, which circulated online, shows several individuals in black cloaks gathering in a main square at Europe's top physics lab, in what appears to be a re-enactment of an occult ceremony. The video includ...Read More
BRIEFUS moves nuclear weapons from Turkey to Romania ... Two independent sources told EurActiv.com that the US has started transferring nuclear weapons stationed in Turkey to Romania, against the background of worsening relations between Washington and Ankara.- Euractiv (here)Always the nukes.Whenever there is military tension anywhere in the world that involves the US, it often involves the nucle...Read More
By any objective measure, Donald Trump is poised to lose the November election by a wide margin. Taking into consideration new swing-state polls from Quinnipiac University that show Trump trailing Hillary Clinton by 12, 10 and 3 points in Virginia, Colorado and Iowa, respectively, we can use RealClearPolitics’s average of recent polls in swing states (and 2012 results everywhere else) to e...Read More
NPR is killing off comments. That's great news! ... NPR made a big announcement Wednesday: It is ending its users' ability to offer comments at the bottom of each story posted on its site. “We’ve reached the point where we’ve realized that there are other, better ways to achieve the same kind of community discussion around the issues we raise in our journalism,” Scott Mon...Read More
By any objective measure, Donald Trump is poised to lose the November election by a wide margin. Taking into consideration new swing-state polls from Quinnipiac University that show Trump trailing Hillary Clinton by 12, 10 and 3 points in Virginia, Colorado and Iowa, respectively, we can use RealClearPolitics’s average of recent polls in swing states (and 2012 results everywhere else) to e...Read More
NPR is killing off comments. That's great news! ... NPR made a big announcement Wednesday: It is ending its users' ability to offer comments at the bottom of each story posted on its site. “We’ve reached the point where we’ve realized that there are other, better ways to achieve the same kind of community discussion around the issues we raise in our journalism,” Scott Mon...Read More
Loonie closes at highest level in more than a month; stock markets pull back ... The Canadian dollar continued to ride higher with oil prices Tuesday, as both the currency and a barrel of crude climbed in value for a fourth straight day. The loonie added 0.38 of a cent to 77.80 cents U.S., closing at its highest level in more than a month amid a weakening U.S. dollar.It's never been clear why...Read More
Trust in public power companies misplaced ... Former Labor minister Patrick Conlon urges carbon price to fix electricity system ... A SENIOR Labor figure is urging a carbon price on electricity to lower household bills by kickstarting investment in new-generation power plants. - The AdvertiserAustralian politicians have been obsessed with taxing carbon ever since the tax was briefly imposed and...Read More
Fixing America’s Roads Is a Great Opportunity ... Many politicians and commentators are calling for a big burst of spending on infrastructure. On his blog, my esteemed Bloomberg View colleague Tyler Cowen raises an interesting question: What is the opportunity cost of government spending — that is, what is the value of the other uses to which the money and resources could be put? ...Read More
Michael Moore: Trump Is Self-Sabotaging His Campaign Because He Never Really Wanted the Job in the First Place ... He’s running for president to get a better deal for “The Apprentice.” Michael Moore, AlterNetHas film-maker Michael Moore revealed the truth about Donald Trump's campaign? Is it just a publicity stunt gone wrong, and a malicious one?Despite his tremendous success, th...Read More
Loonie closes at highest level in more than a month; stock markets pull back ... The Canadian dollar continued to ride higher with oil prices Tuesday, as both the currency and a barrel of crude climbed in value for a fourth straight day. The loonie added 0.38 of a cent to 77.80 cents U.S., closing at its highest level in more than a month amid a weakening U.S. dollar.It's never been clear why...Read More
Trust in public power companies misplaced ... Former Labor minister Patrick Conlon urges carbon price to fix electricity system ... A SENIOR Labor figure is urging a carbon price on electricity to lower household bills by kickstarting investment in new-generation power plants. - The AdvertiserAustralian politicians have been obsessed with taxing carbon ever since the tax was briefly imposed and...Read More
Fixing America’s Roads Is a Great Opportunity ... Many politicians and commentators are calling for a big burst of spending on infrastructure. On his blog, my esteemed Bloomberg View colleague Tyler Cowen raises an interesting question: What is the opportunity cost of government spending — that is, what is the value of the other uses to which the money and resources could be put? ...Read More
Michael Moore: Trump Is Self-Sabotaging His Campaign Because He Never Really Wanted the Job in the First Place ... He’s running for president to get a better deal for “The Apprentice.” Michael Moore, AlterNetHas film-maker Michael Moore revealed the truth about Donald Trump's campaign? Is it just a publicity stunt gone wrong, and a malicious one?Despite his tremendous success, th...Read More
We had some trouble with the site and stories will be up later today. In the meantime come visit our new links feature – Notable News – or view stories you may not have seen yesterday. The problems were internal and everything is fixed now. Thanks for your support!You don’t have to play by the rules of the corrupt politicians, manipulative media, and brainwashed peers.When you su...Read More