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Obama & Hillary “Most Admired” Man & Woman For 10th Year In A Row

Former President Barack Obama is America’s “most admired man” for the 10th consecutive year, according to new survey data from Gallup, and perhaps even more surprising, Hillary Clinton was named the most admired woman for the 16th year in a row. As Gallup notes, the pair retain their titles this year, although by much narrower margins than in […]


From Snowden To Russia-Gate – The CIA And The Media

Via Moon Of Alabama blog, The promotion of the alleged Russian election hacking in certain media may have grown from the successful attempts of U.S. intelligence services to limit the publication of the NSA files obtained by Edward Snowden. In May 2013 Edward Snowden fled to Hong Kong and handed internal documents from the National […]


This Bull Market Won’t Nickel-And-Dime

By Chris at www.CapitalistExploits.at Today you’re in for a treat. Jamie Keech, who joined our merry band of men here some months back, is uniquely positioned to bring much, much more to the table than I ever could when it comes to the commodity spectrum. It’s why, quite frankly, we wanted him. But aside from his […]


If Bitcoin Is A Bubble…

Authored by Erik Norland via CMEGroup.com, Our earlier articles on bitcoin discuss the crypto asset as a currency and a commodity. Both papers focused on the consequences of bitcoin’s defining feature: the asymptotic supply limit of 21 million coins. This gives it an unusual juxtaposition of demand uncertainty and supply certainty (as well as inelasticity). […]


These PE Firms Are About To Get Crushed By Their Subprime Auto Bets

In the aftermath of the ‘great recession,’ private equity firms placed massive bets on subprime auto finance companies with the typical “thesis” going something like this: “well, people have to get to work don’t they?”…genius, if we understand it correctly. Of course, the “thesis” seemed to be confirmed when auto securitizations performed relatively well throughout […]


The Great Oil Swindle

Authored by Chris Martenson via PeakProsperity.com, … is leading us to destruction. When it comes to the story we're being told about America's rosy oil prospects, we're being swindled.  At its core, the swindle is this: The shale industry's oil production forecasts are vastly overstated. Swindle:  Noun  – A fraudulent scheme or action. And the swindle […]


Net Neutrality – The End Of Google’s Biggest Subsidy

Authored by Tom Luongo, Net Neutrality is gone.  Good riddance. Lost in all of the theoretical debate about how evil ISPs will create a have/have-not divide in Internet access, is the reality that it already exists along with massive subsidies to the biggest bandwidth pigs on the planet – Facebook, Google, Twitter, Netflix and the […]


Researchers Warn: Humans Have Hit Their “Biological Limitations”

The twentieth century was an unbelievable era for the progression of human beings, with a significant increase in lifespan, adult height, and physiological performance. As humans advance seventeen years into the 21st century, French researchers have now signaled a possible top in biological limitations of the human body, otherwise known as a biological plateau. Researchers blame climate change […]


Frontrunning: December 15

Some GOP Senators Press for Late Changes in Tax Bill (WSJ) Here’s Where the GOP Tax Plan Stands Right Now (BBG) Harvard Endowment Chief Pushed for Steeper Devaluation of Assets (WSJ) Net neutrality repeal gives Democrats fresh way to reach millennials (Reuters) With Fox Deal, Disney Adds Hulu to Its Digital Kingdom (WSJ) Treasury Yields […]


The ‘Unknown Unknowns’ That Threaten U.S. Shale

Authored by Tsvetana Paraskova via OilPrice.com, Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the next five years. The global oil markets have become increasingly dependent on U.S. tight oil supply – and the […]


Kentucky State Rep Commits Suicide, Blames Media For Molestation Allegations In Online Note

One Kentucky state representative who was under investigation for molesting a 17-year-old girl back in 2012 has committed suicide and leaving a public suicide note where he blamed media reports about the allegations for driving him to such desperation. Police were called to the scene around 7:30 p.m. Authorities discovered the lawmaker's body in front […]


A Gift From The Oldies

By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, “my doctor says I’m going to die unless I do something”. Now, I assure you it doesn’t take a doctor to figure this out. One glance in […]


Frontrunning: December 8

U.K., EU Reach an Agreement on Brexit Divorce Terms (WSJ) What’s in the Brexit divorce deal? (Reuters) China exports growth hits 8-month high, imports defy pollution curbs (Reuters) The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market (BBG) Senator’s Shaky Obamacare Deal Poses Tax Challenge (BBG) Oil edges up on Chinese demand, […]


Crackdown Comes To Wall Street: Morgan Stanley Fires Harold Ford Jr Over Alleged Sexual Misconduct

Ten years after leaving Congress, Harold Ford Jr could be the canary in the coal-mine for Wall Street as the global awakening to sexual abuse strikes a bulge-bracket bank. Harold Ford Jr. “has been terminated for conduct inconsistent with our values and in violation of our policies,” Morgan Stanley spokeswoman Michele Davis said in a statement to Bloomberg […]


Frontrunning: December 5

Clash Over Young Immigrants Hangs Over Year-End Budget Talks (BBG) Businesses Lobby for Breaks After Last-Minute Tax Changes (WSJ) Senate Bill ‘Bombshell’ Could Raise Taxes on Tech (BBG) Europe sucked into sell-off, sterling suffers Brexit blues (Reuters) After Tax Overhaul, GOP Will Pivot to Revamping Welfare (WSJ) Exiled son of slain Yemen ex-leader calls for […]