The corrupt shadow government is unveiled a little more each week.
Two Cheers for Syrian Islamists (ForeignPolicy.com)
It is not a secret that the U.S. government is funding Syrian rebels, who include members of Al Qaeda, but this may be the first time they have openly called for “two cheers” in praise of the radical Islamic Jihadists fighting against the Assad regime. I find it odd that the title is so complimentary, yet in the article it specifically says, “Of course, Syrian Islamists are no friends of the United States–merely the enemies of one of its enemies.” This is like smiling while delivering horrible news of betrayal. When I read that, I got this picture in my head of a woman smiling as she says to her friend “Let’s go celebrate your marriage with ice cream! Of course, your husband is cheating on you.” Backwards is forwards, up is down, wrong is right, logic is insanity.
Syrian Rebels Fly Al Qaeda Flag – video (youtube)
Syria: TV station attacked, 7 staffers killed (Associated Press)
Bill Gross: “Normal” Economic Growth Impossible Now (moneymorning.com)
“Legendary market maven Bill Gross, the so-called “King of Bonds,” said investors will flat-out lose money if they continue employing the “buy and hold” strategies of the past.
“In his August Investment Outlook, Gross told investors that “financial repression, QEs of all sorts and sizes” and low interest rates will “dominate the timescape” for decades, maybe longer.
“Investors must adjust to the new world order to avoid being the loser in this zero-growth environment, Gross warned.
“Ultimately, Gross said, the stock market’s historical, inflation-adjusted 6.6% annual growth rate is unsustainable.
“Gross, of course, is a bond man.
“In March, he launched an ETF version of his popular Pimco Total Return Fund (PTTRX) – the world’s biggest mutual fund, with more than $260 billion in assets. The Pimco Total Return ETF (NYSE: BOND) quickly attracted $2.1 billion in total deposits and has outpaced the S&P 500 by more than 5% so far.
“But even bonds – both government-backed and corporate – can’t escape the realities of a no-growth economy.
“According to global economic trend forecaster Chris Martenson, a former VP of a Fortune 300 company, the historical growth rates investors have come to expect – in every asset class – are no longer mathematically possible.
“Right now, there are dangerous economic constraints,” he said, “mainly created by failed government policies, which show exponential growth in our markets is impossible.”
Exclusive: U.S. banks told to make plans for preventing collapse | Reuters (chicagotribune.com)
(Reuters) – U.S. regulators directed five of the country’s biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.
The two-year-old program, which has been largely secret until now, is in addition to the “living wills” the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.
Marine Veteran Brandon Raub Sentenced To Up To 30 Days In Psych Ward Over Facebook Posts (businessinsider.com)
“Lawyers from The Rutherford Institute represented Brandon Raub during the three-hour hearing today at the John Randolph Medical Center and released a statement, saying Raub has been ordered to “up to 30 days’ further confinement in a VA psych ward” after “government officials againpointed to Raub’s Facebook posts as the sole reason for their concern and for his continued incarceration.”
“According to Raub’s mother, authorities from the FBI, Secret Service and Chesterfield County PD came to their door on Thursday evening, questioned Raub about his Facebook posts, then handcuffed him and placed him in a Chesterfield PD squad car before taking him to John Randolph Psychiatric Hospital in Hopewell, Va.”
“Both the FBI and Secret Service said Raub was not arrested or charged, but the Rutherford Institute statement points out that ”if the police have put handcuffs on you and you’re being held against your will, that qualifies as an arrest.”Read more: businessinsider.com