News Beyond the News: Consumer Data Not as Rosy as Advertised

Every week, various government agencies trot out economic facts and figures, and every week, the media breathlessly reports the ‘good news.’ Here is some of the news beyond the news reported by the mainstream media over the last week.
As USA Today reported, consumer spending and personal income rose last month. But while Commerce Department numbers show healthy gains in consumer spending (0.4% in August), a Gallup poll asking actual people about their spending indicates a continual decline. According to the poll, daily spending averaged just $89 in August, down from the same time period in both 2014 and 2013. It was the fourth month in a row the poll indicated a year-on-year decline. Spending was at its lowest since March, based on the poll.

This post was published at Schiffgold on SEPTEMBER 30, 2015.

Government Avoids Shutdown: House Passes Bill To Keep Funding Through December 11

Last week, following the shocking news that House Speaker John Boehner had resigned, we analyzed the “flowchart” of next steps for both the US government shutdown and the debt ceiling showdown. The most urgent one, that of the imminent shutdown or passage of a continuing resolution, was as follows: “Boehner will move to advance a “clean” CR — with the help of Democrats — before the new fiscal year starts on Thursday.” And he will succeed.
This is precisely what happened moments ago when following a 277-151 vote in the House, Congress sent legislation to Obama to prevent a government shutdown and will keep federal agencies funded through Dec. 11.
As the Hill reported, however, more Republicans voted against the spending bill than in favor of it. Republicans objcted to the inclusion of money for Planned Parenthood in the bill, leading 151 GOP lawmakers to vote against the bill, compared to only 91 who supported it. Every Democrat voted in favor of the legislation.
More form the Hill:

This post was published at Zero Hedge on 09/30/2015.

U.S. Continues With Assad Propaganda As Russia Bombs The US Proxy Army – Episode 779b

The following video was published by X22Report on Sep 30
FBI reports a decrease in crime and murder as gun sales surge. US will now keep troops in Afghanistan. Obama uses the UN for war. Assad asks for assistance in the fight against ISIS and Russia parliament approves strikes against the IS. US concerned that Russia is not hitting the IS. NORAD is now moving back into Cheyenne Mountain to protect key military installations against an EMP, and nuclear strike.

Saudi Arabia Seizes Iranian Ship “Laden With Missile Launchers, Anti-Tank Weapons”

With Syria making national headlines on a daily basis, it’s easy to forget about the Middle East’s other proxy war raging in Yemen.
For months, a Saudi-led coalition has been battling Iran-backed militants for control of the country which was effectively wrested from Mansour Hadi earlier this year when the Sauid-backed President was forced to flee to Riyadh as the Houthis advanced on Aden.
Sadly, Yemen has since descended into chaos, an embarrassment for the Obama administration which just a little over a year ago held the country up as an example of Washington’s successful counterterrorism efforts (no mention was made of the alleged covert cooperation between the government of Hadi’s predecessor Ali Abdullah Saleh and AQAP).
Between the Saudis, the UAE, and Qatar, the coalition has managed to push the Houthis back, but the human and cultural toll has been high. Riyadh and the Houthis routinely play headline hockey in an effort to play up or play down the number of civilian casualties that result from Saudi bombing runs and Sana’a, a UNESCO world heritage site, is gradually being decimated as coalition forces fight to take back the city. Last Thursday, a shoe bomber and an accomplicedetonated themselves in a Shia mosque where the Houthis go to pray. The attack was claimed by Islamic State which is of course notable because this is the very same Islamic State that is fighting to destabilize Bashar al-Assad who, like the Houthis, is backed by Tehran. Iran-backed Shiite militias are also fighting ISIS in Iraq, an effort which is now set to benefit from cooperation with the Russian and Syrian armies.

This post was published at Zero Hedge on 09/30/2015.

5 Reasons You Would Have to be Insane to Ever in a Million Years Vote for Carly Fiorina

Carly Fiorina is about as much of an American establishment puppet as a person can possibly get.
Let’s pretend for a moment that the American election process is real and all of our votes really do matter (yeah, right). Why, in their right mind, would any person ever in a million years vote for Carly Fiorina of all potential candidates?
And no, I’m not asking this rhetorical question because Hewlett Packard’s stock price fell 52 percent during her disastrous six-year tenure as CEO there.
Here are at least five reasons why only someone who has been lobotomized would ever vote for this woman to be president of anything, be it America or an elementary school bake sale.
1. After 9/11, Carly Fiorina helped then NSA director Michael Hayden ensure unconstitutional NSA backdoor surveillance programs would be installed on thousands of computers destined for U. S. stores (and our homes).
Via Yahoo! Politics:

This post was published at The Daily Sheeple on September 30th, 2015.

Russia Begins Bombing Campaign Against ISIS in Syria

Early this morning, Russia’s parliament gave their military permission to launch airstrikes against ISIS targets in Syria. Within hours, bombs fell near the Syrian city of Homs, which was followed by multiple attacks across the country. The airstrikes destroyed military equipment, munitions, and vehicles belonging to the Islamic group. The US is now crying foul over the incident, because apparently, the forces that Russia refers to as ‘ISIS’ are merely moderate rebels to the US.
None of the attacks have occurred in areas that the West considers to be ISIS territory, which has led officials in France, Germany, and the US to chastise Russia for targeting opponents of the Assad regime, rather than ISIS.

This post was published at The Daily Sheeple on

The Beatings Will Continue Until Morale for Hillary Improves

The more Bernie Sanders rises in the polls, the more obvious it becomes that he’s being given the ‘Ron Paul treatment’ by the Democratic Party. By that, I am referring to the way Ron Paul was ignored, derided and marginalized by the GOP establishment during his run for the Presidency in 2012.
Now it’s Mr. Sanders turn, and nowhere is this more evidenced than within the corridors of various unions.
We learn from Politico:
Top brass of the 3 million-strong National Education Association, the country’s largest union, are recommending an endorsement of Hillary Clinton, according to an email obtained by POLITICO – a move that has many state leaders and rank-and-file members planning to protest the early endorsement.
The email, sent from the union’s campaign office, states that the NEA PAC, the union’s political arm, is planning to hold an upcoming vote ‘recommending Hillary Clinton for the presidential primary.’

This post was published at Liberty Blitzkrieg on Sep 30, 2015.

Propaganda War Begins: Russia’s Syria Strikes Targeted US-Backed “Moderate” Rebels, West Says

With the US having officially lost control of the narrative in Syria now that The Kremlin has called Washington’s bluff on the battle to eradicate ISIS and eliminate the Sunni extremist elements that threaten to wrest control of Syria from President Bashar al-Assad, the only remaining question after Russian lawmakers officially cleared the way for airstrikes was how long it would be before the Western media began shouting about Russian warplanes bombing targets that aren’t affiliated with ISIS.
As we reported earlier today, Moscow wasted no time in launching its first round of air raids.

This post was published at Zero Hedge on 09/30/2015.

Regime Change is Coming – Saudi Prince Calls for Coup to Remove King

You know things are bad in Saudi Arabia when one of its princes, and son of the state’s founder, is openly calling for a coup to displace the current King. This isn’t just some ambitious power play either, Saudi Arabia is an unmitigated disaster. I’ve repeatedly pointed this out, and also predicted regime change on several occasions.
For example in the post, The Great Wall of Saudi – Feudal Desert Kingdom to Build 600-Mile Wall to Protect from ISIS, I wrote:
I believe that the recent drop in oil prices puts the current leadership in Saudi Arabia under a significantly higher threat of ‘regime change’ over the next several years. In fact, I’d be surprised if the current status quo continues beyond 2020. While many have noted that the Gulf states are in a good position to ride out the recent price collapse due to massive FX reserves, these reserves can go much faster than expected. Particularly when you need to consistently bribe your own citizenry and build enormous walls on your northern and southern borders.
It appears this rebel prince can see the writing on the wall, and is wisely trying to diffuse the situation before they are all removed unceremoniously by non-royals.

This post was published at Liberty Blitzkrieg on Sep 30, 2015.

The End Of Hillary? Teamsters “Snub” Clinton, Meet With Trump

As if the collapse of her poll numbers and trust factor were not already accelerating, it appears Hillary Clinton may have just seen yet another nail in the coffin of her run for Presidency 2.0. As Fox News reports, The Teamsters union’s general executive board voted unanimously Tuesday, 26-0, to hold off on endorsing Clinton at its meeting in Charleston, South Carolina. Furthermore, to rub further salt in that wound, the union is seeking a “sit-down” with Donald Trump.

This post was published at Zero Hedge on 09/30/2015.

Germany Now Faced With Thousands Of Aging Wind Farms

Germany has long been a pioneer in the field of renewable energy, generating a record 78 percent of its power consumption from renewables in July of this year. In fact, Germany is one of the very few countries in the world that is actually struggling with too much renewable energy. The latest testimony to this fact is the new issue of decommissioning its old wind farms.
2011 was a turning point for the European giant as it started moving away from nuclear energy renewable energy(post Japan’s Fukushima nuclear disaster) and began to replace it with renewables. However, wind energy made its foray in Germany well before 2011. Germany started building wind turbines in the mid-1990s and now there are almost 25,000 wind turbines in the country.
However, the problem now is that a large number of the 25,000 odd turbines have become too old. Close to 7,000 of those turbines will complete more than 15 years of operation by next year. Although these turbines can continue running, with some minor repairs and modifications, the question is whether it makes any economic sense to maintain them?

This post was published at Zero Hedge on 09/30/2015.

Overheard: German Government Wants Facebook To Censor Controversial Speech

Last weekend, world leaders met at the U. N. 70th General Assembly, arguably ‘the greatest political show on Earth.’ Among these world leaders was Mark Zuckerberg. That’s right, Facebook CEO Mark Zuckerberg was present at the event and was reportedly overheard talking about censorship with German Chancellor Angela Merkel.
In this new era when Facebook sponsors presidential debates with Fox News, Mark Zuckerberg is an influential figure who should not be underestimated. According to a report from Bloomberg, German Chancellor Angela Merkel was overheard pressing Zuckerberg about ‘how his company is progressing in efforts to curtail racist posts.’
She spoke to Zuckerberg about the issue during a live transmission broadcast as people took their seats at the U. N. assembly, and he responded by saying, ‘We need to do some work.’

This post was published at The Daily Sheeple on September 30th, 2015.

Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality

If you want to understand why Rome declined, look no further than the moral decay of ruling Elites. There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course intimately connected: once the morals of the ruling Elites degrade, what’s mine is mine and what’s yours is mine, too.
I’ve previously covered two other key characteristics of an empire in terminal decline: complacency and intellectual sclerosis, what I have termed a failure of imagination. Michael Grant described these causes of decline in his excellent account The Fall of the Roman Empire, a short book I have been recommending since 2009: There was no room at all, in these ways of thinking, for the novel, apocalyptic situation which had now arisen, a situation which needed solutions as radical as itself. (The Status Quo) attitude is a complacent acceptance of things as they are, without a single new idea.

This post was published at Charles Hugh Smith on TUESDAY, SEPTEMBER 29, 2015.

The Coming Corporate “Crime Wave”

In a recent appearance before Congress, Deputy Attorney General Sally Quillian Yates declared that the US Department of Justice is going to ratchet up its prosecution of individuals employed in corporations as part of a larger push against ‘white collar crime.’ There is no doubt that such prosecutions will be very popular to a large section of voters, given that presidential candidates like Bernie Sanders, Hillary Clinton, and Martin O’Malley, along with Massachusetts Senator Elizabeth Warren pretty much have declared that nearly all American businesses are part of a massive criminal conspiracy that must be brought down by federal authorities.
Within the next year, we should expect to see mid-level business and finance executives doing ‘perp walks’ in front of the news media, as federal prosecutors will charge them with various ‘economic crimes’ in hopes that they will implicate their superiors. All of us by now know the drill and in a time of anemic economic growth complete with business failures, it won’t be hard to find scapegoats.
Everyone Is ‘Guilty’ When famed civil liberties attorney Harvey Silverglate published his now-famous book, Three Felonies a Day, it caused quite a stir. Going through a number of very disturbing cases, Silverglate made clear that if federal prosecutors want to target an individual, it is very easy to fashion criminal charges against them.
To prove his point, he noted how the federal prosecutors in New York when Rudy Giuliani was US Attorney for the Southern District of New York regularly played a game in which they would see if various celebrities and others, including Mother Theresa, had broken federal criminal law. The result, unfortunately, was that for each person no matter how good his or her public character, a federal statue existed that would place them in prison.

This post was published at Ludwig von Mises Institute on SEPTEMBER 30, 2015.

Boehner Vows to Ram through More Deficit Spending

It’s campaign season, and that means non-stop media coverage of candidate polls, quips, gaffes, tweets, emails, controversies, lies, and scandals. It all makes for a good soap opera. Unfortunately, it’s almost all irrelevant in the big picture.
The media prefer to focus on the sideshow rather than the 800-pound gorilla in the room: the looming debt crisis. Nothing that comes out of a pundit’s mouth or a Hillary Clinton email will close the $210 trillion long-term fiscal gap the U. S. now faces.
More immediately, Congress faces a likely debt ceiling debacle in the next few weeks.
First up, Members of Congress are considering full funding for Obama’s budget, and the fiscal year begins October 1st. Not surprisingly, the Obama administration’s new budget calls for spending much more than the federal government will take in. So Congress will need to raise the statutory debt limit within a few weeks in order to make that spending possible.

This post was published at GoldSilverWorlds on September 29, 2015.

Caught On Tape: Dramatic Footage Of Russia’s First Airstrikes In Syria

As we reported earlier this morning, at the ‘request’ (whatever that means in the context of Russian politics) of Vladimir Putin, Russian lawmakers have approved airstrikes in Syria and unlike the rather deliberate pace of Washington’s efforts to rout ISIS, Moscow doesn’t appear to be wasting any time.
As CNN reports, Russia has conducted its first strikes near Homs after effectively warning the US to stay out of the sky.
Russia has conducted its first airstrike in Syria, near the city of Homs, a senior U. S. official told CNN on Wednesday . The Russians told the United States that it should not fly U. S. warplanes in Syria, but gave no geographical information about where Russia planned to strike. The senior official said U. S. missions are continuing as normal.

This post was published at Zero Hedge on 09/30/2015.