CBO: Obamacare Discourages Work

Remember all those allegations that Obamacare would be an unmitigated disaster for businesses, especially smaller companies? Well, now we have some facts. A week ago we noted that the Philly Fed found that Obamacare was a disaster for business, and now no lessor entity than the Congressional Budget Office (CBO) is out with its latest forecasts, concluding “certain aspects of the Affordable Care Act will tend to reduce labor force participation.”

This post was published at Zero Hedge on 08/29/2014.

Germany Unemployment Jumps

Merkel is under serious pressure from two fronts. The sanctions against Russia are having a major impact upon the European economy as a whole. This has caused Merkel to bluntly state that the US cannot solve all the problems of the world. Indeed, what she is not saying is that these US policies may be causing more problems than she can handle. Europe is caught between two warring powers, US and Russia, who are still stuck in the old empire way of thinking. Putin sees the power of a nation as its size and I cannot say that the US is that much different. OK, the US does not want to own the world, just occupy it militarily for power. just said ‘The United States is and will remain the one indispensable nation in the world…’. That statement is impossible for no nation can remain on top and that is the same thinking that existed in every empire from Babylon to Britain going into World War I. The US squanders its wealth on military and Putin wrongly thinks he needs territory to gain respect and power. Europe cannot impose economic sanctions on Russia without killing it’s already weak economy and Obama is too dense to understand that.

This post was published at Armstrong Economics on August 29, 2014.

ISIS Sends 2nd Beheading “Message In Blood” Video; Warns Kurds “Huge Mistake Joining Hands With America”

Just hours after hours after another video purporting to show the mass execution of up to 250 Syrian soldiers in the desert, The Independent reports ISIS has released a video apparently showing the beheading of a Kurdish man in Iraq as a warning to Kurds fighting the group in the country. The video, entitled “A Message in Blood” ends with the victim beheaded and the fighters warn others will face the same fate should Kurdish leaders choose to continue an alliance with the US.
Image from the latest beheading clip:

This post was published at Zero Hedge on 08/29/2014.

JPMorgan Warns Military Escalation In Ukraine “May Lead To A Lehman-Style Shock”

The sudden military escalation in Ukraine in recent days has, according to JPMorgan’s Alex Kantarovich, reduced the earlier hopes that the high level meeting in Minsk on 26 August would help to defuse the conflict. As Kantarovich warns, the markets are now bracing for the US/EU responses. In the worst case scenario, now appearing more likely, severe pressure on stocks may extend. As he concludes, “we believe that with the significant deterioration in the Ukrainian situation, markets may treat this as a Lehman-style shock.”
Via JPMorgan Cazenove,
Lehman moment. We believe that with the significant deterioration in the Ukrainian situation, markets may treat this as a Lehman-style shock. We note there are substantial fundamental differences between the current situation and the 2008/09 crisis; the oil price is now holding up relatively well and the economic contraction may not be that deep. On the other hand, for traded stocks, the challenges and risks to investability presented by sanctions could be practically open-ended. We demonstrate that revisiting the post-Lehman lows would imply downside of 50% from an index perspective, and ~40% from the forward P/E perspective (Fig. 1 and 2).

This post was published at Zero Hedge on 08/29/2014.

REPORT: PENTAGON FORCED MILITARY GEAR ON POLICE DEPARTMENTS

Following scrutiny surrounding the Ferguson uprising earlier this month, several local law enforcement agencies have stated that they wish to return military gear which they feel was somewhat forced onto them by The Department of Defense.
That has turned out to be easier said than done however, as the counties in which the sheriff’s offices and police departments are based are being asked to absorb the cost of transporting huge armored vehicles.
The details are revealed in a report by The Washington Times, which found ‘a number of departments complaining about the heavy armored vehicles that have been transferred, finding them to be overkill for the jobs local law enforcement needs to do.’
For example, the sheriff’s department in Chelan County, near Seattle, was forced to take three armored, tracked vehicles at the insistence of the Pentagon, when it had only asked for one in 1999.
The ten ton trucks, which were designed to carry 107 millimeter mortars, are still owned by The Pentagon. However, the military is less than keen to take them back.
‘We don’t care; we just want to get rid of them,’ said Undersheriff John Wisemore. ‘We realized they weren’t as safe for what we were going to be using them for.’

This post was published at Info Wars on AUGUST 29, 2014.

Washington Piles Lie Upon Lie – Paul Craig Roberts

The latest Washington lie, this one coming from NATO, is that Russia has invaded Ukraine with 1,000 troops and self-propelled artillery.
How do we know that this is a lie? Is it because we have heard nothing but lies about Russia from NATO, from US ambassador to the UN Samantha Power, from assistant secretary of state Victoria Nuland, from Obama and his entire regime of pathological liars, and from the British, German, and French governments along with the BBC and the entirety of the Western media?
This, of course, is a good reason for knowing that the latest Western propaganda is a lie. Those who are pathological liars don’t suddenly start telling the truth.
But there are even better reasons for understanding that Russia has not invaded Ukraine with 1,000 troops.
One reason is that Putin has invested heavily in diplomacy backed by unprovocative behavior. He would not risk his bet on diplomacy by sending in troops too few in number to have a decisive effect on the outcome.
Another reason is that if Putin decides he has no alternative to sending the Russian military to protect the Russian residents in eastern and southern Ukraine, Putin will send in enough troops to do the job quickly as he did in Georgia when the American and Israeli trained Georgian army invaded South Ossetia and was destroyed in a few hours by the Russian response. If you hear that 100,000 Russian troops accompanied by air cover have invaded Ukraine, it would be a more believable claim.

This post was published at Paul Craig Roberts on August 28, 2014.

City Council to Police: You Have 60 Days to Get Rid of Your MRAP Military Tank

Apparently not all city councils are thrilled with the idea of their local police department driving around ‘protecting’ their streets with mine resistant, ambush protected vehicles straight off the battlefields in Iraq and Afghanistan.
The city council of Davis, California, a town of about 66,000 people near Sacramento, has now adopted a resolution to ‘tank the tank’ as one protester put it, after a large crowd of concerned citizens showed up to the council’s most recent meeting. CBS13 reports:
The vehicle, worth nearly $700,000 didn’t cost the Davis Police Department a dime, as it was acquired through a federal government surplus program. The MRAP was developed by the military for the wars in Iraq and Afghanistan. After Pentagon budget cuts, the vehicle has been making its way to local law enforcement…
A big concern for protesters is the vehicle could be used to quash peaceful protests and demonstrations, especially in light of clashes between heavily-armored police and protesters in Ferguson, Missouri, following the shooting death of Michael Brown.

This post was published at The Daily Sheeple on August 28th, 2014.

COP POINTS GUN, THREATENS TO KILL CITIZEN IN RESPONSE TO CELL PHONE RECORDING

A Florida police officer pointed a gun at a man and threatened to kill him after another was slammed to the ground and handcuffed for recording an officer on his cell phone during a confrontation in Boynton Beach.
The footage begins with an officer having a conversation with a group of men in a parked car after a routine traffic stop. When the cop demands to see everybody’s ID, one of the men informs the officer that he is recording the encounter.
‘Turn that phone off right now,’ states the officer, to which the man responds, ‘No I’m not intimidated, I have rights, sir, I’m recording your ass,’ before unleashing a string of profanities.
The officer then walks around to the other side of the car and gives his badge number but refuses to provide his name, which according to one of the men in the car is ‘Danish.’


This post was published at Info Wars by PAUL JOSEPH WATSON | AUGUST 29, 2014.

Putin Says Everything U.S. Touches Turns Out Like Libya Or Iraq

Having been quiet for a few days, comfortable sitting back and watching NATO, Europe, and the US escalate each other’s talking points to a frenzy of populist revolt, Russia’s Vladimir Putin has come out swinging this morning:
*PUTIN: NO MATTER WHAT U. S. DOES, IT TURNS OUT LIKE LIBYA, IRAQ *PUTIN SAYS UN CAN’T BE FOREIGN POLICY TOOL FOR U. S., ALLIES *PUTIN: EUROPEAN LEADERS FAR FROM SHOWING INDEPENDENT THINKING *PUTIN SAYS RUSSIA IS COUNTRY THAT DOESN’T FEAR ANYTHING In addition to discussions of The Bolsheviks, agreeing Stalin was a tyrant, and slamming liberal economic models for creating crises, Putin notes his approval rating is high because “he is confident he’s right.”

This post was published at Zero Hedge on 08/29/2014.

UK Raises Terror Threat Level To Severe (From Substantial)

UK Home Secretary Theresa May has announced that a terrorist attack on the UK is :highly likely,” although stressed that there is no information to suggest an attack is imminent:
*UK TERROR THREAT LEVEL RAISED TO SEVERE FROM SUBSTANTIAL *REAL AND SERIOUS THREAT IN THE UK FROM TERRORISM, MAY SAYS Her decision is based on the latest intelligence from Syria and Iraq (and we suspect, as Brandon Smith notes, “the goal will be to terrify you and those around you into seeking out a more powerful, more centralized government authority to protect your security.”)

This post was published at Zero Hedge on 08/29/2014.

U.S./Ukraine Pushing Russian Invasion Propaganda – Episode 453

The following video was published by X22Report on Aug 28, 2014
The recovery illusion in the US is continuing. Q2 GDP has been revised hire to 4.2%. Pending home sales decreased YoY. The housing bubble mimics the housing bubble of 2008. US and Ukraine are losing the war against the people of Ukraine. Ukraine and the US are using the Russian invasion propaganda once again. Ukraine had purchased the same T-72 tanks from Hungary on Aug 2 that are now being reported in the Ukraine. President Obama wants to strike into Syria but needs a major event. The central bankers are prepared to carry out a false flag event on the people of the US
All source links to the report can be found on the x22report.com site.
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Russia Invades Ukraine, ISIS Update, Israel-Hamas Cease Fire and More!

The following video was published by Greg Hunter on Aug 28, 2014
I have been predicting wider war in Ukraine, and now we have one with the Russian invasion of Eastern Ukraine. The President said in a press conference that there is not going to be a military response to this escalation, but my sources say the U. S. has been covertly helping the Ukrainians. How do you think they have been able to overtake the pro-Russian separatists in Eastern Ukraine? Looks like Vladimir Putin has had enough and is now directly involved with his military.
Meanwhile, in the Middle East, everyone is talking about ISIS or ISIL or, simply, the Islamic State. The Islamic State has taken over large parts of Iraq and Syria. Now, the Islamic State is threatening the Golan Heights on the Northern Israeli border. The President said in a press conference he ‘did not have a strategy’ for dealing with the Islamic State. What??? This after the Secretary of Defense and the head of the Joint Chiefs gave a press conference that said the Islamic State was an ‘imminent threat’ and that IS was ‘not like anything we have seen.’
The Israelis and Hamas have agreed to another cease-fire. The Israelis wanted Hamas to disarm before they opened the borders of Gaza and extended fishing off the coast. The new cease-fire allows the borders to be open for humanitarian aid and construction material to rebuild Gaza. Hamas did not agree to disarm. So, why did the Israelis cave in? I think that the military wing of Hamas has been damaged so badly that it is now much less of a threat. Israel sees wider war coming and wants Washington to resupply it with offensive weapons such as Sidewinder missiles that the Obama Administration stopped recently.

As If Millions Of European Voices Suddenly Cried Out In Terror: US Threatens More Russian Sanctions

After two rounds of escalating sanctions, which have pushed if not Russia then certainly Europe to the brink of a triple-dip recession, the US has a modest proposal for Russia: to cripple Europe’s economy even more, or said otherwise, even more sanctions for Russia!
#BREAKING US warns of possible new sanctions against Russia over Ukraine
— Agence France-Presse (@AFP) August 28, 2014

This post was published at Zero Hedge on 08/28/2014.

‘A Man of Many Perversions’ – Federal Cybersecurity Head Convicted of Child Porn Charges

The following story is a warning as to why centralized power is so dangerous. It doesn’t matter whether the power is political or corporate, overly centralized power in all forms must be resisted whenever it appears. The worst of all worlds is when centralized political and corporate power unite in an unholy alliance, which is what has happened to America in recent decades. When this occurs, the combined forces of oligarchy simply begin to rapaciously feast on the citizenry with zero accountability. This is a fair description of the United States in 2014.
The primary problem with centralized power is that sociopaths (for obvious reasons) gravitate toward, and greatly covet, positions of power. Once entrenched in such positions, they are able to act upon their perversions with general immunity, and if they are caught, are often left in positions of power by others who at that point ‘own them’ via blackmail. This of course is nothing new, it is how the game of power, politics and economics has been played since the beginning of time. It is also why decentralization of poweris the natural evolution we as a species must embrace in order to build a better world.
Enter Timothy DeFoggi, the one-time cybersecurity director of the U. S. Department of Health and Human Services, who received several awards for his government ‘service’ over the years. The self-proclaimed man of ‘many perversions,’ frequented a child porn site called PedoBook where he ‘exchanged private messages with other members expressing interest in raping, beating and murdering infants and toddlers.’
More from Wired:

This post was published at Liberty Blitzkrieg on Aug 28, 2014.

08.27.14 1830 ET: Reports Russian Armor has Invaded Ukraine, Heading towards Mariupol

While the ‘one’ continues to golf, the world moves forward in a perilous fashion. Reports are coming from the Ukrainian government and numerous reliable sources via Twitter and domestic news services that Russian troops have indeed crossed the frontier in Southeastern Ukraine and are well on their way to sealing the escape routes via the Sea of Azov creating panic in Kiev as the Ukrainian military appears to be disintegrating in the Donbas and facing possible annihilation in retaliation for the actions of the mercenary forces recruited by the Poroshenko government.

This post was published at John Galt Fla on August 27, 2014.

Colorado man is ‘swatted’ while playing online video games

LITTLETON, CO – A Colorado gaming enthusiast was interrupted by a SWAT team pointing rifles at him while he competed with his friends online.
The raid happened on August 27th, 2014, as Jordan Mathewson was in the middle of an online game, while live-streaming a video of his gameplay with his face overlayed. Mr. Mathewson has a large following and is known online as ‘Kootra.’ He is a founder of a gaming group known as ‘The Creatures.’
In the middle of his game, he noticed something was amiss in the office building he was in. He observed that there were men with guns drawn, coming his way.
‘Uh oh. This isn’t good. They’re clearing rooms,’ he said in his video. ‘What in the world? I think we’re getting swatted.’


This post was published at Police State USA on August 28, 2014.

Obama’s Grand Plan For ISIS: “We Don’t Have A Strategy Yet”

UPDATE: Damage Control Spin begins…
In his remarks today, POTUS was explicit – as he has been in the past – about the comprehensive strategy we'll use to confront ISIL threat.
— Josh Earnest (@PressSec) August 28, 2014

President Obama ‘knows’ how to handle Putin’s ‘continuation’ (not ‘invasion’) – more sanctions (and costs for Europe) – but when it comes to beating the most “barbaric” terrorists known as ISIS, ISIL, or The Islamic State; he had this to offer… “I don’t want to put the cart before the horse. We don’t have a strategy yet.” Rest assured Americans – who have been told that ISIS could be crossing the borders every day and a constant threat, President Obama is ‘working on it’. Perhaps most crucially, while we ‘joke’ that the administration has no strategy, it is noteworthy that Obama stated it was “not US policy to defeat ISIS, only reverse gains.”
QUESTION: Do you need Congress’s approval to go into Syria?

This post was published at Zero Hedge on 08/28/2014.

Dr. Annie Says, ‘No’ to Vaccines

A few days before the CDC Whistleblower story broke, we had Dr. Annie Bukacek as a guest on The Liberty Brothers Radio Show to talk about the dangers of vaccines. With school beginning right around the corner, we thought it a good time to address the topic. While on as a guest, Dr. Annie relayed to our audience what many of us have known for some time now… Vaccines are poison. A strong advocate for patient’s rights, especially those of the un-born, Dr. Annie quickly realized that vaccines were not necessarily in her patient’s best interest, and has been speaking out ever since…

This post was published at The Daily Sheeple on August 28th, 2014.