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Thursday, 27 June 2013

Poster: Shame on the American Sheeple!...from TPC



A political poster that compares the treatment of a prior President embroiled in scandal with the treatment of Barack Obama a man whose tenure in office has been scandal ridden with abysmal results both domestically and internationally! 

World's MOST Dangerous Race - FULL THROTTLE-ISLE of MAN TT



H/T Gerard

News....................

Queen Anne’s Revenge

CDR Salamander​: Want to kill small boats ...

Fort Benning keeps 3rd Brigade Combat Team, city officials breathe sigh of relief

Ecuador: Snowden might be in that airport for a while

The Best Cure For Obesity? Personal Responsibi​lity

Obama administra​tion pushes new public health research agenda on gun control

Solar Flare poses huge threat

Stryker brigade to be deactivate​d has three combat tours

Muhajireen Army uses BMP to launch suicide assault on Aleppo airport

Armed 'rioters' unleash attacks in western China, 27 dead; atmosphere of 'martial law' in Shanshan

Budget Cuts Mean 8,000 Fewer Marines, Commandant Says

Germany Has Become the Cut-Rate Prostituti​on Capital of the World

Five Reasons Not to Mess With a Countermoonbat’s Purse

Jet Engine Explodes on Runway

Benghazi Attack Suspect Walks

Random thoughts

Texas to Execute #500

Is Hamas Losing Power?

U.S. Keeps Joining the Forces of Jihad

New Digging Seen at North Korea Nuclear Test Site

Obama to U.S. Military: STAND DOWN

Moscow Phantom: Where In the World Is Edward Snowden?

US looks to send training teams to Lebanon, Iraq

Mohammed Morsi blames 'enemies of Egypt' for paralysing democracy

EU demands answers on GCHQ snooping

L.A. school district pressuring parents to settle over spoon-fed semen abuse case

Parents Driven to Distraction and Death by Climate Scares

MSNBC anchor pretty bummed SCOTUS gay marriage rulings "gut power of federal government​"

You can't "mine" paper..............................from Rico

Bankers are NOT miners, thus they may almost be forgiven for not understanding that one cannot "mine" paper...only physical.

When it costs more to produce Gold than the marginal cost to mine it, mining companies will stop producing and put their mines on maintenance.

- Zero ounces of Gold will then be produced, no matter how much unbacked paper Gold is printed.

Physical demand will remain unabated when physical production goes offline. Gold will then command 'fair value' and neither the FED nor the paper ETF's will be able to 'suppress' prices then.

- The jig is almost up.



Bob Mankoff: Anatomy of a New Yorker cartoon

The New Yorker receives around 1,000 cartoons each week; it only publishes about 17 of them. In this hilarious, fast-paced, and insightful talk, the magazine's longstanding cartoon editor and self-proclaimed "humor analyst" Bob Mankoff dissects the comedy within just some of the "idea drawings" featured in the magazine, explaining what works, what doesn't, and why.



Thursday Totty................

The 2013 Running of the Interns

This is pretty good, "Running of the Interns."



Smokin' British Hottie Kelly Andrews in Cut Out White Dress and Pink Lace Thong

Holy cow!

You can forget about gay marriage!

See, "New Kelly Andrews Pics for Ta-Ta Tuesdays."

Well, today's Wednesday, but it's never too late for those ta-tas!

Wednesday, 26 June 2013

Africa's Cowboy Capitalists (Part 2/3)




Scroll down for part 1

Bedtime Totty...............

Understand​ing Bonds.............................from Rico

Bond yields are doing something they have not done in 50 years...they are shooting up.

So what? In just a minute...

- After a week where yield jumped 37%, the 5-yr Treasury auction just had its weakest demand since 2009.

- Yields on 10-yr Treasurys closed today at 2.59%.

Here is the 'so what' ...

bond yields UP=bond prices DOWN and interest rates UP

Or simply put, this is very bad news for ALL.

Not so simply put, it costs government MORE to borrow money to spend that they do not have=higher taxes, less services, fewer jobs, fewer raises, bigger debt-repayment costs, etc-etc


Late News................

God and Country Day canceled for this year

Chris Stevens' Benghazi Diary Reveals His Brooding, Hopeful Final Days

Documents Illuminate Ecuador's Spying Practices

‘Real Housewives Of CENTCOM’ To Debut On Bravo This Fall


Sheikh Who OK’d Killing Americans in Iraq Gets White House Reception


Home invasion risk mitigation

CNN Edits Out Comparison of TWA 800 and Benghazi

Second IRS employee pleads the 5th at Oversight hearing

Pork No, Killing Infidels Sí

This Will Drive Gun-Grabbe​rs Crazy. And Change Our Schools Forever

Guardian robot baffled by Generation Y's embrace of Thatcherism. Does not compute. Does not compute

Obama Brings Mother-in-Law, Niece to Africa

Impeach Obama Overpass Demonstrations Planned

Russia evacuates Tartus, also military, diplomatic personnel from Syria. High war alert in Israel

Is Barack Obama less popular in Africa than George W Bush?

2nd Cav cases colors as it prepares to return to Afghanista​n

Iraq: Kurdish list wins largest bloc in Ninevah

Where's the......................from Rico

Many will remember the old commercial "where's the beef?" which might as well be redone today as "where's the Gold?"

- There was a very good reason Germany was told by the NYFRB they would have to wait YEARS to get their Gold back...it wasn't there anymore, and the NY Fed could not deliver what they no longer had.

Chicago's COMEX is a bigger problem of the same kind.

- A 'futures' market without warehouse inventory becomes a cash exchange.

This latest 'manipulation' of paper bullion (Gold and Silver) may just as well take the paper spot price down to zero, but only a fool would trade bullion in-hand for fiat Dollars that have about two cents of purchasing power...and falling.

Meanwhile, behind all of the staged 'sturm und drang' physical bullion is commanding premiums far above the paper spot prices...if you can find any for timely good delivery, that is.



Late Pic Dump..............

Duxford Spring Air Show 2013



H/T Jeff

Readers' Digest: The Latest From Israel...................................from Dan Friedman

[Click on a link to read the whole story. Netanyahu is under pressure from his own party, so he’s liable to say anything to get the Likud hawks off his back. But only time will tell if Bibi will walk the walk. Besides, it’s the Arabs who won’t leave him any choice. df]
 
Israel Hayom
Deputy Defense Minister Danny Danon secures landslide victory in first of Likud's elections for party mechanism heads due to low voter turnout • Likud to elect new secretary-general, Central Committee chair and party court president on Sunday.
Jerusalem Post
Prime Minister Binyamin Netanyahu and Defense Minister Moshe Ya'alon attended a Golani Brigade war drill on the Golan Heights on Wednesday, and issued stern warnings to potential attackers on the other side of the border of severe consequences that ...
Jerusalem Post
Ya'alon also warned that Israel wouldn't tolerate a violation of its sovereignty or harm inflicted on IDF soldiers or Israeli civilians, either on the northern border or from the Gaza Strip. "It's important to clarify to all who are on the other side of the border, and who ...
Ynetnews
Netanyahu was accompanied by Defense Minister Moshe Ya'alon, Deputy IDF Chief of Staff Major General Gadi Eizenkot and GOC Northern Command Major General Yair Golan. The PM was addressing the recent victories of Bashar Assad's army in the civil ...
The Times of Israel
Israel in the past has responded to cross-border fire by striking back at Syrian troops, though the flareups usually die down. Jerusalem was also reportedly behind a series of airstrikes on weapons sites in Damascus over the past year. Ya'alon also cautioned ...
Algemeiner
The Prime Minister was joined by Defense Minister Moshe Ya'alon, who likewise warned that any attacks on Israel would be met with a harsh response. “It's important to clarify to all who are on the other side of the border, and who are planning to harm us in ...
Arutz Sheva
DM Ya'alon visited Golani soldiers during a drill on Golan Heights Wednesday, "I am very impressed with how you guys are ready to go at a moment's notice, prepared for any development with the highest level of professional combat capability, like the rest of ...
 
###

Africa's Cowboy Capitalists (Part 1/3)

For maverick entrepreneur Ian Cox, Africa is the last frontier of free enterprise. The former small-time hustler has been busting his ass on the continent for years, selling and moving merchandise. In 2012 he nabbed a lucrative United Nations contract to transport equipment from South Africa to South Sudan, a country on many countries' embargo list. The other problem: the journey north entails passing through countless checkpoints and dealing with bribe-happy officials and their nonsensical paperwork and regulations.

Photographer and filmmaker Tim Freccia followed around Ian and the guys he hired for this job. "Cowboy Capitalists" documents their attempts to navigate the continent's dangerous roads and bureaucratic chaos.



Parts 2 & 3 to follow.

Not what it seems...........................from Rico

We live in times when things are not as they 'seem' but are often something else entirely, something unseen.

Paper Gold and Silver 'dumped' at the 'open' of China, and some are confusing the effect with the cause, and the story is 'liquidity freeze' like Lehman in the Fall of 2008...only this time it's the PBOC's fault that Gold fell +3% and Silver fell +5%.

BUT this actually was a 'paper bear raid' using the figleaf of China as a 'cover for action' and for completely different reasons than you will hear from the money honeys of FTV today:

- This was a "price operation" to once again 'save the system'...the fraudulent paper system. As the paper price drops, it free's up bullion from GLD and SLV, which matters a whole LOT to COMEX and JPM who are scraping the floors of their warehouses as they scramble to make delivery of bullion they do not have.

You DO know who the custodian of that paper ETF called GLD is, right? The one with 100:1 fractional leverage of bullion to paper sold?

- Yeah....it's JPM. SURPRISE!



2012 Superbowl Commercial: BMW 3 SERIES - THE CLOSE CALL




H/T Doverthere

Contrarian Indicator?.......................from Rico

There are times when someone says 'go thataway' that you are much better served by shooting a back-azimuth and heading in the exact opposite direction.

The Vampire Squid (aka Goldman Sachs) has announced that Gold is "over valued."

With physical Gold in very short supply, perhaps they wanted to 'trigger' another paper sell-off so they could acquire more physical bullion for themselves?

NOT that GS (the Squid) has a long track record of herding its clients in one direction while it does the exact opposite of what it hs been advising them to do, or anything like that.

- But, if they say go LONG equities and go SHORT Gold, well...


Federal Law Enforcement - Priceless



H/T HJB

Bonus Totty...............

News..........................

400,000 Hiroshimas!

Remembering Khobar Towers

Luther Strange: This is a victory for Alabama

U.S. Navy Blue Angels bring smiles, role models to USA Children's and Women's Hospital

Fort Gordon would get 250 jobs in Army reorganiza​tion

For Democrats, It's Already Legacy Time

Inspector General: IRS credit cards used for booze and porn

Reid on the farm bill: Boehner should've known he couldn't pass "a partisan love note to the tea party"

Al-Qaida said to be changing its ways after leaks

Zimmerman Case: Prosecutio​n Witness Admits Martin's Described Behavior 'Suspiciou​s'

Army Announces Force Structure and Stationing Decisions


Raytheon delivers 1st NASAMS High Mobility Launcher to Norway

Army to Cut 12 Brigade Combat Teams by 2017, Odierno Says


Elderly New Jersey couple faces fine over bird feeder

Obama “Deeply Disappointed” by Voting Rights Ruling

White House Dossier Signs Up for Flat Earth Society

Obama Sends U.S. Troops to Prop Up Morsi

Ready for Hillary

Putin and Obama Cross Swords on Syria. What Next?

Lying and Getting Away With It

Britain's Fascism Complex

Bomber Costs to Soar in Coming Years: Pentagon Funding Plan

Australian PM Julia Gillard Ousted, Kevin Rudd Back

Spanish Guardia Civil fires at a jet skier off Gibraltar

Pic Dump................

FREEDOM IS NOT FREE | A Soldier's Pledge

President Ronald Reagan during his first Inaugural Address on January 20, 1981.



H/T Shelly

Spy Drone Can See What You are Wearing From 17,500 Feet





H/T Shelly

$441 trillion of interest rate derivatives go tick, tick, tick!...from TPC



This article examines the sheer size of the interest rate derivatives market and the impact that sharp moves in rates, such as the one we have witnessed the last month, could have on the buyers and sellers of these investments that hide in the shadows. 



Coal Day In Hell

Let the Government 'handle' it.....................from Rico

I say "let the Government handle it".....

They have done SO well with everything else, it's a sure thing they'll do a slap-up job with healthcare and illegal immigration too!

Oh, not to forget money and the economy:

- In 2008 when the financial industry 'crisis' hit the average American debt-to-income was ~58%.

- Today (gee, thanks guys, nice job) it is 158%, combining both CHANGE and FORWARD (in the true socialist useage).

I think we might have been much 'better off' if Congress and Government had fled to Russia and Snowden had stayed at home......





H/T Jeff

Overnight News....................

Argghhh! The Home Of Two Of Jonah's Military Guys.. - I'm a gadfly

Rubio Press Release Calls Out Breitbart, Contradict​s CBO

Do Democrats Really Want a War on Coal?

Time for a special prosecutor at the IRS?

McCain: We’re now set to have the most militarized border since the Berlin Wall

How Is Snowden Traveling Without a Passport? - Ecuador has issued him a special refugee visa

Large-capa​city, flash-char​ging, battery-po​wered pilot bus takes to the street

Flier Won't Get Off Phone, Is Dragged Off Plane - Lindsay Bien-aime allegedy kicks deputy in the groin in the process

Obama to State: Don't approve Keystone if it adds greenhouse gas emissions

Report: Snowden sent encrypted copies of his NSA files to people in case anything happens to him

UPDATE: Women Like Sex

Wednesday Wenches.......................

Page 3 Beauty Lacey Banghard on Model Chloe Hayward — a Size 12

Man, that Chloe Hayward babe has a body that won't quit.

And then of course, Ms. Banghard was voted top Page 3 gal back in 2011.

See, "Lacey Banghard on Big, Busty Curvy Women."

Lots of boobtastic awesomeness at the link.

Derivatives 101 through the prism of a beer hall!...from TPC



With the recent sharp move in global interest rates the topic of derivatives is once again moving to the front burner. 

This story about a bar in Chicago describes derivatives through the management strategy of a small business.

Tuesday, 25 June 2013

Nanny Cam Catches Mom's Vicious Beating by Black Criminal Home Invader

Yeah, he was a black mofo, and don't let leftists try to intimidate you from speaking the truth. He was a despicable black mofo.

Watch the video at the link: "New Jersey Mom Savagely Beaten in Home Invasion Attack."

Her little daughter was cowering on the couch, covering her eyes with a pillow.

This is why Democrats like gun control. So people can't protect themselves against the thugs of Obama's black constituency.

Ta-Ta-Tuesday! Some Sexy Jess Davies Hotness

She's a Welsh hottie. Lots of talent too.

See, "Jess Davies for Zoo Magazine (VIDEO)."

Bedtime Totty..............

Late News...................

When do we fight? ....

Kurdistan Region-Iraq News in brief

Argghhh! The Home Of Two Of Jonah's Military Guys.. - Everybody should have a couple...

Putin to Obama: Yes, Snowden's at the Moscow airport, and no, you can't have him back

Corker Claims Ignorance of Immigratio​n Bill's Vegas Kickback

House Subpoenas Four State Dept. Benghazi Witnesses

Poll: Near-major​ity of Republican​s say they're less likely to vote for incumbents who support path to citizenshi​p

Army to cut brigades at 10 US bases

NY Post: Bloomberg using NYC funds to lobby in Nevada

Supreme Court Voids key part of Voting Rights Act

Dog buries puppy in Iraq: Why is this video so popular?

If Only Our Foreign Enemies Were Republicans

Snowden Snowballs Into Colossal Embarrassment for Obama and his Foreign Policy

Oh, good: Obama's "new" energy plan expected to raise electricit​y costs

'Insider threat'? Program urging federal workers to tattle on each other raises concerns

Senate Bill Incentiviz​es Employers to Fire Americans, Hire Amnestied Immigrants

Breaking: Supreme Court strikes down part of Voting Rights Act

As Obama Speaks, Top Scientist Questions Warming Models

Obama “Deeply Disappointed” by Voting Rights Ruling

Americans have good reason not to ‘Like’ Facebook

Bashar al-Assad’s uncle sells Paris mansion for 70 million euros

Intended or Unintended Consequenc​es......................from Dan Friedman

[We’re approaching the point at which the only controversy remaining about Obama’s foreign fiascos is whether they are the product of his gross incompetence or his carefully laid plan. df]
 
WaPo, June 20
By Charles Krauthammer