Nov 22

Obamas Historic Immigration Decree

- Obama the tyrant king unleashes dictatorial order that will now invoke “open rebellion” – Senate aide:

With the stroke of a pen, President Obama has now set America on the path toward open rebellion and revolt. By declaring that he alone has the right to dictate immigration policy without the legislative approval of Congress, he has committed yet another lawless act in a long series of illegal schemes that cement his position in history as nothing more than a sociopathic liar and destroyer of nations.

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Source: Artizans.com

- Obama extends deportation reprieve to 5 million undocumented immigrants:

President Barack Obama announced an executive order on immigration reform Thursday, which he will sign on Friday. The actions will affect up to 5 million undocumented immigrants in the US, many of whom are the parents or spouses of legal residents.

Obama announced his plan for unilateral action on immigration via a prime-time address from the White House. He will sign the executive order during a rally in Las Vegas on Friday. Because the plan will not be passed by Congress, it could also be easily reversed by a new president after Obama’s term runs out in just over two years.

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“Accidental discharge”…:

Sure!

The FBI Is Very Excited About This Machine That Can Scan Your DNA in 90 Minutes

- The FBI Is Very Excited About This Machine That Can Scan Your DNA in 90 Minutes:

Rapid-DNA technology makes it easier than ever to grab and store your genetic profile. G-men, cops, and Homeland Security can’t wait to see it everywhere.

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- Least Transparent Ever – Obama Administration Fighting to Prevent Release of C.I.A. Torture Report:

His latest intervention on behalf of the forces of opacity, revolves around the release of a report on CI.A. torture put together by The Senate Intelligence Committee, which is 6,000 pages long and has been five years in the making. Naturally, the Obama Administration is taking painstaking efforts to block its release.

- Gold Repatriation Stunner: Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed:

A week ago, we penned “The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed“, in which we got, for the first time ever, an admission by an official source, namely the bank that knows everything that takes place in Germany – Deutsche Bank – what the real reason was for Germany’s gold repatriation halt after obtaining a meager 5 tons from the NY Fed:

… the gold community paid great attention to the decision of the German Bundesbank to “bring German gold home”. At the beginning of 2013, the Bundesbank announced it would repatriate 300 tonnes of gold stored in the US by 2020. It is well behind schedule, citing logistical difficulties. Yet diplomatic difficulties are more likely to be the chief cause of the delay, especially seeing as the Bundesbank has proven its capacity to organise large-scale gold transports. In the early 2000s, the Bundesbank incrementally repatriated 930 tonnes of German gold held by the Bank of England.

Some took offense with this, pointing out, accurately, that the gold held at the NY Fed in deposit form for foreign institutions had continued to decline into 2014 despite the alleged German halt. Well, today we know the answer: it wasn’t Germany who was secretly withdrawing gold from the NYFed contrary to what it had publicly disclosed.  

It was the Netherlands.

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Rothschild agent

- “Gold Is Money And Nothing Else” – JP Morgan’s Full December 1912 Testimony To Congress:

In December 1912, no lessor man than J.P.Morgan testified to Congress to “justify Wall Street,” during investigations over alleged manipulation and collusion. The transcript reads like it could have been given yesterday (as nothing ever changes) but at its heart the banker laid out 33 “Morgan Epigrams” which appear – in the ensuing 102 years – have been lost to greed and arrogance… The irony is wondrous: “Securities do not always prove good”, “Money is gold, and nothing else”, “I think manipulation is always bad.”

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- 12 Charts Show Connection Between Roundup and Disease:

Roundup is found in 75% of air and water samples.  Many farmers drench crops with Roundup right before harvest. About 100 million pounds are applied to U.S. farms and lawns every year, according to the EPA.

Monsanto claims that Roundup is totally safe, and can be dumped on everything without problem.

Is it true?

In reality, Roundup is linked to a number of diseases. And the ingredients in Roundup are deadly to human cells.

A study from the Journal of Organic Systems includes the following 12 charts which show the correlation between Roundup (technically known as “glyphosate”) and disease:

- CIA wants to delete thousands of emails as Obama administration stalls release of torture report:

The CIA wants to erase tens of thousands of internal emails sent by most covert and counterterror officers after they leave the agency, leading US senators and transparency advocates to fear the plan would mean the loss of vital government records.

- 10 Examples Of The Social Decay That Is Eating Away At America Like Cancer:

It isn’t just our economy that is crumbling.  Something is happening to America that no amount of money will be able to fix.  Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society.

- Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash:

The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time. As Valuewalk reports, in receiving a one year prison sentence, Sigurjon Arnason officially became the first bank executive to be convicted of manipulating the bank’s stock price and deceiving investors, creditors and the authorities between Sept. 29 and Oct. 3, 2008, as the bank’s fortunes unwound, crashing the economy with it. It appears he was as shocked by the verdict as Wall Street-ers are, “this sentence is a big surprise to me as I did nothing wrong.” It was likely all for the people’s own good…

- Europe’s New Scariest Chart:

Recent polls show pro-default parties growing popular in peripheral euro-area countries such as Greece, Italy and Spain. As Bloomberg Brief’s Maxime Sbaihi notes, in a depressed economic environment, their promises to restructure public debt might soon bring them to power and tempt traditional parties to adopt their ideas. This return of political risk in the euro area doesn’t appear to be priced in by market participants. As Italy’s Beppe Grillo recently exclaimed, “we will leave the Euro and bring down this system of bankers, of scum.”

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FYI:

- ‘AIDS, Ebola, Obama – Thanks Africa’ roadside sign causes a stir in Nebraska:

A homemade sign proclaiming “AIDS, Ebola, Obama – Thanks Africa” caused a commotion in the town of Minden, Nebraska this week after a local man drew the ire of area residents when he erected it on his own property.

A “little” late:

- Charles Schwab Urges The Fed To Raise Interest Rates “As Quickly As Possible”:

Authored by Charles Schwab (yes, that Charles Schwab), originally posted op-ed at The Wall Street Journal,

For America’s 44 million senior citizens, plus tens of millions of others who are on the threshold of retirement, last month marked a watershed moment that is worth celebrating. At the end of October, the Federal Reserve announced the first step in returning to a more normal monetary policy. After nearly six years of near-zero interest rates and quantitative easing, the Fed is ending its bond-buying program and has signaled a plan to eventually begin raising the federal-funds rate, raising interest rates to more normal levels by 2017.

U.S. households lost billions in interest income during the Fed’s near-zero interest rate experiment.

- Jerusalem mayor: Revoke citizenship for terrorists’ families:

The mayor of Jerusalem has called on Israeli authorities to revoke the citizenship of family members of terrorists. This proposal was made in response to growing tensions between Palestinians and Israelis.

- 40,000 to 60,000 tons of sulphur dioxide spewing out of Bárðarbunga volcano per DAY:

A few days ago I posted an article saying that Iceland’s Bardarbunga volcano was pumping out 35,000 tons of sulphur dioxide per day, more than twice the amount spewed from all of Europe’s smokestacks.

Turns out that it’s even worse than that.

According to the Icelandic National Broadcasting Service, RUV, some 40,000 to 60,000 tons […]

- TV: US nuclear workers’ brains eaten away, hallucinating, mental capacity of preschooler — Wife films frightened, trembling husband on deathbed — It’s indescribable what they’ve done and they don’t care — They want you to die — Gov’t Experts: It’s allergies from cats or feathers… or B-12 deficiency — Doctor: Quit helping workers get help (VIDEO):

KING 5 News, Oct 14, 2014: Gary Sall… [worked at Hanford] for 28 years… 10 years ago… his brain function got worse and worse. Within 5 years he… could barely speak, hallucinated, and operated on the level of a 4-year-old… Doctors diagnosed him with work-related toxic encephalopathy, a degenerative brain disorder… [His wife] Barb documented the suffering in a difficult to watch video taken in 2011… in a hospital bed, trembling and frightened and on a feeding tube… The DOE’s insurer wrote that not Hanford, but alcohol consumption or a B-12 deficiency could be making him sick… He died 3 years ago at the age of 57.

- Twice as much Fukushima radiation near California coast than originally reported; Highest levels found anywhere in Eastern Pacific — Scientist: Very little we can do… It’s unprecedented… God forbid anything else happens — Gundersen: Multiple plumes now along west coast… Will be coming “for century or more” (AUDIO)

- Ice forces earliest closure EVER of upper Mississippi:

Halts shipments of corn, soybeans, wheat, fertilizer, salt and other goods from the most northern reaches of the nation’s busiest waterway.

- New York State officials – Things will only get worse:

Another three feet (1 meter) of snow forecast for Buffalo.

- Buffalo – 30 major roof collapses, 100 minor collapses:

More collapses expected. Homeowners and store employees scrambling to remove the snow before rainfall adds even more weight to overloaded roofs.

FYI:

- ‘We will hunt you down’: KKK threatens to shoot Anonymous ‘n***** lovers’:

A bitter war of words between hacker collective Anonymous and the Klu Klux Klan risks spilling over into real violence, with the right-wing hate group allegedly threatening to shoot dead activists wearing the Guy Fawkes mask in southern Missouri.

- Obesity price tag: $2trn annually and ‘rapidly getting worse’:

Around 30 percent of the world’s population is now obese, while 50 percent is expected to fall into the category by 2030. Meanwhile, 5 percent of global deaths each year are linked to the condition, creating a drag on the global economy.

- Stocks Close At Recordest Highs As All Central Banks Go All In:

Despite the knee-trembling awesomeness of a double-whammy promise of liquidity, US equity markets ended the week on a decidedly down note. The realization that Draghi’s all talk (no impact on US stocks) and PBOC’s move is not a liquidity surge and has limited impact on the economy left stocks tumbling once the opening OPEX levels had printed. The USD rose notably on the day after EUR plunged under 1.24 on Draghi (USD +0.9% on the week). Despite USD strength, gold rose 1% (as did Silver) on the week, rising for the 3rd week in a row for the first time in 4 months (and the 3rd Friday surge in a row). Oil rose 1% on the week, breaking an 8-week losing streak but Copper prices fell around 0.3% on the week, having given back the kneejerk gains post-PBOC today. Treasury yields dropped after kneejerking higher on PBOC. 30Y at 3.01% had its 2nd lowest weekly close since May 2013. VIX melted down into the close to 13.01. Late-day buying panic lifts stocks off their lows leaving Dow & S&P at all-time recordest highs of all-time ever in history (as small caps closed red).

- NO ONE TOLD YOU WHEN TO RUN, YOU MISSED THE STARTING GUN:

I stumbled across two mind blowing charts yesterday that had me pondering how generations of Americans had frittered their lives away, spending money they didn’t have  on things they didn’t need, utilizing easy to acquire debt, and saving virtually nothing for their futures or a rainy day. We are a nation of Peter Pans who never grew up. While I was driving home from work, one of my favorite Pink Floyd tunes came on the radio and the lyrics to Time seemed to fit perfectly with the charts I had just discovered.

- HFT War Stories: The Algo that Couldn’t Count:

This is the first in MKTSTK’sHFT War Stories series. Submitted anonymously by a high frequency trader. Names of people, places, and products have been omitted:

Algo trading has a way of making your hair turn white. Sometimes it’s the wild market action. The response then is to cut risk and keep on trading. The big losses come from avoidable human errors. Those are the losses you might not come back from.

The trading world is increasingly automated. Every year there are fewer human eyes watching the market at any given time. Traders employ algorithms to cut latency and market impact. Dealers find automation indispensable in quoting thousands of different exchange traded derivatives.

- Russia Can Survive An Oil Price War:

After a frosty reception at the G20 summit in Australia this week, Russian President Vladimir Putin required some much needed rest, at least according to the official explanation given for his conspicuously early departure from the proceedings. All things considered it could have been a lot worse. Russia finds itself in familiar territory after a controversial half-year, highlighted by the bloody and still unresolved situation in Ukraine. Nonetheless, the prospect of further sanctions looms low and Russia’s stores of oil and gas remain high.

- Did The Tech Bubble Just Quietly Pop?:

While some might scoff at the idea of there even being a bubble in hi-tech start-ups, it appears the massive wall of money that has been thrown at dot-com 2.0 names – all money-losing, social, mobile, cloud name-droppers – has dried up. As The TechCrunch Bubble Index shows, the last 90 days have seen startup-funding announcements collapse over 40% to their lowest level in almost 3 years

 – Gold Tops $1200 As China Cuts, Draghi Jawbones:

First Mario Draghi made some strong statements speaking in Asia that “It is essential to bring back inflation to target and without delay,” which sent EURUSD tumbling BUT did not spark moves in the S&P 500 (though Gold slipped). It was not until the PBOC cut rates (and sent AUD surging) that the US equity market perked up and started ripping… along with gold and as the morning progressed, gold has kept going as it is clear the Central Banks of the world have only one policy left… (no wonder the Dutch want their gold back)

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Nov 20

Obama-Putin

- Meanwhile, This Is What Is Really Taking Place Behind The Second US-Russian Cold War:

It appears John Kerry is at it again. Russian Foreign Minister Sergei Lavrov says the US Secretary of State called on him to “pay no mind” to a statement by President Obama, in which Russia was included to a list of top global threats. Seeking Russia’s cooperation in Iran and on the Korean Peninsula, Kerry told Lavrov to “forget about” what Obama said. As US foreign policy credibility dissolves, we leave it to Lavrov to conclude, “it is flippant,” he jabs, “it’s not appropriate for a powerful country to have such a consumer attitude to its partners – where you’re needed, help us; where you’re not, obey us.

The dust has barely settled on the latest high profile banker suicide in which Deutsche Bank’s associate general counsel, and former SEC regulator, Charlie Gambino was found dead, having hung himself by the neck from a stairway banister, and here comes the latest sad entrant in the dead banker chronicles of 2014 when earlier today, the Post reports, a Citigroup banker was found dead with his throat slashed in the bathtub “of his swanky downtown apartment, authorities said Wednesday.”

However, unlike previous more “clearcut” suicides, this time there may have been foul play: the Post adds that “there was no knife recovered at the scene, leading officials to suspect the death was not a suicide, and they were trying to determine who had access to his apartment.”

- 21 Facts That Prove That Dependence On The Government Is Out Of Control In America:

1. According to a Congressional Budget Office study that was just released, approximately 60 percent of all U.S. households get more in transfer payments from the government than they pay in taxes. 

- Stunning Photos Of Record Snow Covering Upstate New York: 100 Total Inches Of Snow Expected:

As previously reported, the anticipated Polar Vortex 2.0 has struck, pushing temperatures in all 50 states to below freezing, while heavy snow prompted a state of emergency in western New York and contributed to the deaths of four people. According to Reuters, it was the coldest November morning across the country since 1976, according to Weather Bell Analytics, a meteorologist consulting firm. It remains to be seen how many GDP percentage points were wiped out as a result, unless of course, this time it will be different from last winter. But it was the situation in upstate New York, especially around Bufallo and parts of Erie County, where things got most dire and where 60 inches (1.5 m) of snow accumulated, with more falling, said Steven Welch of the National Weather Service near Buffalo. It gets worse: forecasters are calling for more snow on Thursday, as much as three feet more, for a total of up to 100 inches over four days - a year’s worth for the region!

More than a year’s snowfall in three days:

“This will be a historic event… absolutely. It is a historic event,” said Dave Zaff of the National Weather Service in Buffalo. “A stunning amount of snow.”

- Climate can change drastically in mere decades – With no help from humans:

“The results show that the climate over the past hundred thousand years has been a roller coaster. Within just a few decades, the climate could tip from an ice age into a warm period,” says Doctor Thomas Litt of the University of Bonn’s Steinmann Institute and spokesman for the PALEOVAN international consortium of researchers.

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- America Throws Up Over Obama’s Immigration Executive Action Even Before It Is Announced:

Ahead of President Obama’s address to the nation tomorrow to dictate his executive orders on immigration, potentially allowing millions of undocumented immigrants to stay legally in the US, a new NBC News/Wall Street Journal poll finds nearly half of Americans disapprove of his plan. Only a dismal 38% support the President taking this executive action… which makes us wonder if there has ever been so much revulsion at the policies of a standing President. It’s good to be king.

- President Obama To Dictate Immigration Executive Order In Vegas On Friday:

While what normally happens in Vegas, stays in Vegas; President Obama’s decision to dictate his Immigration Executive Order from sin city will likely have repurcussions across the entire nation. As NY Times reports, Obama is preparing to use his executive authority to provide work permits for up to five million people who are in the US illegally, and to shield them from deportation. But these new arrivals will not receive one key benefit: government subsidies for health care available under Obamacare. The immigrants would also be unlikely to receive benefits like food stamps, Medicaid coverage or other need-based federal programs offered to citizens and to some legal residents. “The costs of extending these programs to millions of low-wage illegal immigrants would be enormous,” said Senator Jeff Sessions “this is yet another danger posed to Americans by the president’s unconstitutional action.”

- Bill to have all Russians fingerprinted and DNA profiled submitted to parliament:

MPs from the populist nationalist party LDPR have prepared and drafted a motion requiring universal fingerprinting and DNA profiling of all Russian citizens for reasons of security.

- Ebola cure: WATER! Drinking a gallon of fluid daily recognized as key to survival:

One of the primary lessons being learned from the Ebola crisis is that fancy meds and vaccines aren’t needed to cure the disease. Simple water, it turns out, is one of the best treatments for the hemorrhagic illness, supplying the body with much-needed hydration that is quickly lost when the advanced stages of nausea and vomiting begin to develop.

(Recommended is steam-distilled water (See HERE & HERE.)

- Prescription drug vending machines now being installed on college campuses across America:

The total insanity of over-medication in America has reached a new low as Arizona State University has installed a prescription drug vending machine called InstyMeds.

With growth rates for steel products at or near record lows and prices for end-product having plunged to record lows, it is little surprise that the Steel industry would provide the largest Chinese bankruptcy yet in this cycle. As Bloomberg reports, unlisted Haixin Iron & Steel – which halted production and defaulted on CNY3 bn in March – has started bankruptcy proceedings. Having spent 8 months hoping for the government bailout that every Western onlooker believes is every firm’s god-given right, a reorganization application for the Wenxi, Shanxi province-based company (with $1.7 billion of total debt) was accepted by the Yuncheng City Intermediate People’s Court. This is just the start as “Haixin Group’s bankruptcy will be followed by others,” warns one analyst, adding that the major flaw of producers of iron ore, the most traded commodity after oil, is they tend to be “over-bullish.”

Just a week after Dr. Craig Spencer was declared ‘Ebola-free’, The Daily Mail reports a woman, who had arrived from Guinea 18 days ago (and was on the NYC Ebola monitoring list), dropped dead in a Brooklyn hair salon this afternoon. FDNY sent their Special Operations and Hazmat units but she was declared dead at the scene. Witnesses said she was bleeding from the “face, nose, mouth, everything.”

- Navy vet to RT: I was fired, called ‘terrorist’ for posting photos of DHS vehicles near Ferguson:

Mark Paffrath, a Navy veteran, was fired and branded a “terrorist” for taking pictures of dozens of Homeland Security vehicles parked at the hotel where he used to work in Ferguson, as grand jury decision on Michael Brown shooting is due, he told RT.

This is the ‘Greatest Depression’ …

- 3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?

… and it will get much worse. Prepare for collapse.

- Half of UK councils face financial collapse – report:

Half the UK’s local councils are at risk of collapse, the government’s official auditor has said, warning that one in six may be unable to provide basic services this year. The warning comes after severe cuts in national government funding.

In a report produced by the government’s official auditor, the National Audit Office (NAO) on Wednesday, 52 percent of councils were said to be at risk of not having enough resources to fund public services, including education and social care.

- Adrian Salbuchi: The Cult of ISIS:

No, we’re not talking about any ancient Egyptian religious lore, even though geographically, we’re in the same general area.

We’re talking about the latest boogeyman trump card drawn by the “Four Horsemen of the Apocalypse” – US / UK / EU / Israel – bent on instilling fear, terror and panic amongst Western nations.

With tens of billions of dollars financing, with well-armed and well-trained Jihad fighters, and an eerily charismatic black-robed Darth Vader-like fearless leader – Abu-Bakr-al-Baghdadi – ISIS sprang to life armor-clad and fully armed just like the Greek war goddess Pallas Athena was born out of Zeus’ forehead.

If this sounds strange; the following is even stranger: for some “unexplained” reason Islamic State does not attack US allies in the Middle East like Saudi Arabia, Kuwait, UAE, Qatar or Bahrain. Even more oddly, IS does not attack Israel whom Arabs are supposed to consider their greatest regional enemy;

So: Here we have ISIS/ISIL/IS murdering untold thousands of Iraqis, Syrians, Kurds, Christians, Shiites of all nationalities, but never touching Israel nor European and US homeland and foreign interests save for a handful of allegedly beheaded hostages.

But, wait a minute. What a coincidence! Those are pretty much the very same foes and friends of the “Four Horsemen of the Apocalypse” presently waging their “Global Mega-War on Terror!”

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- ‘US foreign policy in ME dictated by Israel':

A US journalist and political analyst said Israel is the supporter of al-Nusra and Islamic State of Iraq and Syria (ISIS) Takfiri terrorists.

“And if Israel supports ISIS, we support ISIS, because our foreign policy in the Middle East is dictated by Israel,” Wayne Madsen told Habilian.

Regarding the US airstrikes on ISIS positions, Madsen said they are like Saudi Arabia’s bombing ISIS militants and financing them at the same time.

ISIS is an operation run by the Israeli Secret Intelligence Service and the CIA … (More info HERE.)

“Helpful” Britain Tweets “How To Spot A Russian Tank In Ukraine”:

In case you are wondering through Ukraine and come across a tank, the British embassy in Kiev has issued a handy pocket guide to indentifying whether it is Russian (bad guys) or Ukrainian (good guys)…

Now that was indeed very ‘helpful’

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H/t reader squodgy:

Were the parents asked if it was OK, first??

http://rt.com/usa/206311-chicago-5thgraders-sex-ed-anal/

This is so sick:

- ‘Use lots of lube & enter anus slowly’: Chicago schools teach anal sex to 5th graders:

Parents at an elite, magnet elementary school in Chicago were “horrified” when they saw the “obscene” sexual education materials their fifth graders would be learning. The curriculum included condom demonstrations and discussions of anal sex.

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666 … just another ‘coincidence’

- Royals and Thatcher to blame for Jimmy Savile scandal, says Noel Edmonds:

The Royal Family and Margaret Thatcher were as much to blame as the BBC for failing to stop Jimmy Savile’s “unspeakable” crimes, Noel Edmonds has suggested.

The television presenter, who worked with Savile at the Corporation, said the whole establishment was implicated for allowing the paedophile DJ to flourish.

(And I know whose TV career just ended.)

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- Jimmy Savile ‘raped girl, 15, in flat’:

Jimmy Savile raped a 15-year-old girl with another DJ who told her “you should be thanking us”, a court has heard.

- Operation Midlandinvestigates Tory MP over boy’s murder:

Operation Midland

- Germany and Bulgaria Confirm Strong Opposition to GM Crops:

Germany’s Farm Minister Christian Schmidt and Bulgaria’s Foreign Minister Daniel Mitov both confirmed their countries’ strong opposition to GM crops on Friday.

- 57 Million Americans Warn UK over Dangers of GM Food and Farming:

In an open letter published in The Times newspaper and promoted through a digital billboard at Waterloo station, American celebrities, Susan Sarandon, Daryl Hannah and Robert Kennedy Jr joined US NGOs, trade groups and businesses such as Food & Water Watch, the Sierra Club, the Rachel Carson Council, Friends of the Earth, the Organic Consumers Association, Dr Bronner’s and NYR Organic to warn British citizens of the dangers of growing GM crops and urge them to speak out before it’s too late.

The fully referenced letter, signed by groups and individuals representing some 57 million members and supporters, argues that GM crops have never delivered on their promises to increase yields and profits or to decrease pesticide use. In fact, they have done the opposite with the cost of growing GM crops now greater than conventional crops in the US and pesticide use 24% higher amongst GM farmers than non-GM farmers planting the same crops.

- Global GMO Free Coalition Set to Help Fund World’s Largest GMO Safety Study:

The Global GMO Free Coalition welcomes the launch of the largest ever study on GMO and pesticide safety – Factor GMO. This is the type of study that should have been carried out on all GM foods before they were released into our food and feed supplies.

What Do College Undergrads Spend Their Student Loans On: High-School Classes:

While the impact of the student loan bubble on the labor participation rate has been extensively covered in the past, there is a just as important question of just what these “students” spend their money on. Among the items revealed: “A U.S. Middle District Court indictment alleges that Price spent much of the loan money on crack cocaine, cars, motorcycles, jewelry, tattoos and video games.” And iPhones of course, because someone has to indirectly provide US subsidies to the NSA’s favorite company. Now we know one more thing that America’s young adults, of whom some 24% expect that their debt will ultimately be forgiven, are blowing Uncle Sam’s debt on. The answer: high-school level classes.

 …

 – Homebuilder Hope Hammered As Housing Starts Tumble:

With surging homebuilder sentiment, we suspect the disappointing plunge in Housing Starts (-2.8% vs +0.8% exp) will surprise a few but there is hope… as Building Permits rose 4.8% (vs 0.9% expectations) on the back of an 8% surge in multi-family / rental units. This is the highest level fo Permits since June 2008 (but still over 50% below peak permits levels in 2005). The only region with any increase in starts was the South.

One Reader’s Shocked Response Upon Learning His Health Insurance Cost Just Doubled:

“Attached is the ACA notification of next year’s price increase.  As you can see the cost goes from $281 to $555, a monthly increase of $274, a percentage increase of 97%. Basically we are now paying the same amount for the two of us that we paid for all four of us one year ago.  How can that increase occur in a “free market” economy?  Did I miss something? Has some input cost leaped exponentially in order to double the price I pay? Or has private industry colluded with government to rig the markets (again) in their favor?”

- Drone operators had bin Laden in crosshairs a year before 9/11:

​The first American to ever launch a drone strike from an armed unmanned aerial vehicle now says he had Osama bin Laden in his crosshairs in 2000, a full year before the terrorist attacks of September 11.

Flashback: President Bush Rejects Taliban Offer To Surrender Osama Bin Laden

Confronting Riot Cops in Tampa:

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Nov 18

- More than 4 ft of snow for upstate New York (Ice Age Now, Nov 17, 2014):

More than 122 cm of snow by Wednesday night. Continue reading »

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Nov 18

- Harsh cold to break records across South (Ice Age Now, Nov 17, 2014):

“Would be considered below normal even during the heart of winter,” says meteorologist.

“Highs temperatures from Washington, D.C., through New York City are forecast to stay near or below freezing on Tuesday, levels that would be considered below normal even during the heart of winter,” says Accuweather  meteorologist Brian Lada. Continue reading »

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Nov 18

- Boise boasts biggest November snowfall on record (Ice Age Now, Nov 16, 2014):

At 3 p.m. on November 14, the National Weather Service reported that Boise’s snowfall total for the storm reached 7.6 inches – a new November record.

That surpassed the previous record snowfall for Boise (Idaho) in November of 7.4 inches in 1935.

http://www.spokesman.com/blogs/boise/2014/nov/14/another-record-broken-now-biggest-november-snowfall-record/

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Nov 15

Top 11 heaviest 24-hour November snowstorms in St. Cloud, MN since the 1890s, including new record set on Nov. 10, 2014
Top 11 heaviest 24-hour November snowstorms in St. Cloud, MN since the 1890’s, including new record set on Nov. 10, 2014.
NOAA/NWS)

- November snowfall records tumble; arctic air mass follows (Examiner, Nov 11, 2014):

Yesterday morning, it looked as though heavy snow was going to affect parts of south-central Minnesota. That snow came with a vengeance, especially to the northwest of the Minneapolis, MN area and then northeastward to the Upper Peninsula (UP) of Michigan. St. Cloud, MN broke a daily snowfall record, as well as a 24-hour November snowfall record with 13.2 inches of snow on Nov. 10, 2014 (Fig. 1). The old daily snowfall record was set in 1946 (4.3 inches); the old 24-hour November snowfall record was 12.0 inches set in 1898.

Due to the magnitude of yesterday’s snowfall, melted precipitation (the amount of liquid water in the snow) measured 1.24 inches at St. Cloud, MN. This broke the record daily liquid precipitation record for the day (0.67 inches set in 1998). Other records likely fell, but were not yet reported through the evening hours of Nov. 11, 2014. Continue reading »

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Nov 14

Flashback:

- Snowfalls are now just a thing of the past (Independent, March 20, 2000):

(Click on image to enlarge.)

Snowfalls are just a thing of the past


Britain is facing one of the coldest winters on record

Britain is facing one of the coldest winters on record

- POLAR VORTEX WARNING: Latest winter weather models show UK faces MONTHS of heavy snow (Express, November 12, 2014):

hocked forecasters warned tonight the latest high-tech weather models point to a CATASTROPHIC big freeze in late 2014 with THREE MONTHS of blizzards and Arctic gales.They fear a lethal and unprecedented combination of low pressure, above-average rainfall and a freak Polar vortex will come together in a perfect storm of misery for Winter 2014.Moist air from the Atlantic currently causing the mild, wet and windy weather threatens to collide with bitter Arctic winds. Continue reading »

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Nov 10

- Winter storm warnings for 8 states (Ice Age Now, Nov 9, 2014):

Heavy snow accumulations – 8 to 15 inches in some areas


WinterStormWarning-9Nov14
WinterStormWarning-9Nov14


NATIONAL WEATHER SERVICE DULUTH MNNOV 9 2014

SNOW STORM ON THE WAY FOR MONDAY INTO TUESDAY… FOR PORTIONS OF THE NORTHLAND …HEAVY SNOW ACCUMULATIONS. CONFIDENCE FAIRLY HIGH THAT THE HEAVIEST SNOW WILL FALL FROM NEAR MILLE LACS LAKE EAST NORTHEAST INTO MUCH OF NORTHWEST WISCONSIN. Continue reading »

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Nov 09

- NOAA polar plunge – So cold its purple (Ice Age Now, Nov 7, 2014):

NOAA 6 – 10 Day Forecast  (issued Nov 6th)
Nov 12-16, 2014


So-Cold-its-Purple
Larger: http://www.cpc.ncep.noaa.gov/products/predictions/610day/610temp.new.gif
Root address: http://www.cpc.ncep.noaa.gov/products/predictions/610day/


NOAA 8 – 14 Day Forecast  (issued Nov 6th)
Nov. 14 – 20, 2014 Continue reading »

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Nov 09

- 2nd largest snow cover in Siberia in 47 years (Ice Age Now, Nov 7, 2014):

Signals a greater chance of a harsh winter in North America, Europe and Asia.


About 14.1 million sq km (5.4 million sq miles) of snow blanketed Siberia at the end of October, the second most in records going back to 1967, according to Rutgers University’s Global Snow Lab. The record was set in 1976.

In addition, the speed at which snow has covered the region is the fastest since at least 1998. Continue reading »

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Nov 09

- Finland – Snowstorm causes massive power outage (Ice Age Now, Nov 7, 2014):

More than 40,000 customers lost power in Pietarsaari, Uusikaarlepyy, Vöyri, Oravais and Kruunupyy areas on Wednesday morning.

Meanwhile, a temperature reading of minus 25 degrees Celsius was recorded at Kevojärvi in Utsijoki following a cold wave on Tuesday night.

In Kainuu since Tuesday night, snow accumulated to more than 20 cm (8 inches) in some places. Continue reading »

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Nov 09

- Ski resorts in the Alps could get up to 5 meters (16.4 feet) of snow (Ice Age Now, Nov 7, 2014):

Heavy snowfall in the Alps has continued for the past 36 hours, with reported accumulations already a meter (39 inches) deep in one case.

It’s the second major snowfall in as many weeks, raising expectations that some ski areas may  open earlier than planned.

Around 20 glacier areas are already open in Austria, France, Italy and Switzerland, with most areas reporting 20 – 60cm so far. Continue reading »

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Nov 07

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- Heaviest November snow storm in 50 YEARS in Moscow (ZeroHedge, Nov 6, 2014):

Large, early snowstorm disrupts flights and creates havoc on the roads.

Yelena Temakina, chief of the forecast department at Moscow’s Meteorological Office, said 20 cm (8 inches) of snow had fallen in 24 hours.

Moscow’s City Hall said it expects the snowstorm, due to continue at least until Friday morning, to be the biggest in November in 50 years. Continue reading »

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Nov 05

- Earliest and deepest snowfalls in more than 100 years in Southeastern U.S. (Ice Age Now, Nov 3, 2014):

The snow, combined with record low temps, “is drawing predictions of a new mini ice age,” says Breitbart.com.

Tennessee, North and South Carolina and Georgia all saw unexpected snow, in some places almost two feet deep.

According to the Climatology Office in South Carolina, Concord, South Carolina has broken a 125-year record for the earliest snow seen. And Columbia, South Carolina’s capital, broke a 129-year record.

In fact, the state has already doubled its expected annual snowfall – more than 1½ months before any snow was even expected. Continue reading »

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Nov 05

- Record snowfall in the Smoky Mountains (Ice Age Now, Nov 3, 2014):

LeConte Lodge recorded 22 inches (56 cm) of snow and waist-deep drifts.


Some roads now reopened after Saturday’s record-breaking snowfall. On Saturday, rangers closed all roads in the park.

Saturday’s snowfall set a new daily record total for the Smokies. LeConte Lodge recorded 22 inches (56 cm) of snow and Newfound Gap picked up 15 inches (38 cm).

Waist-high snowdrifts

The LeConte Lodge posted on its blog that there are lots of drifts larger than waist high around the grounds. Continue reading »

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Nov 05

- Record-setting snowfall across northern and eastern Maine (Ice Age Now, Nov 3, 2014):

Never Snowed This Much This Early at Bangor & Caribou


The massive, “nor’easter” left more than 140,000 homes and businesses without power on Monday and dropped snow as far south as South Carolina.

“Smashed” previous record, says Weather Service

“A total of 10.1 (25.6 cm) inches of snow was observed at Caribou, Maine, yesterday,” says the National Weather Service. “This smashed the daily snowfall record for November 2nd of 1.3 inches in 2002.”

“This was also the largest calendar day snowfall ever observed so early in the season, breaking the record of 9.4 inches on October 29, 1963. Continue reading »

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Nov 03

- Record snow in South Carolina capital (Ice Age Now, Nov 2, 2014):

Earliest snow in at least 134 years.

“This has been a historic event,” said WXLT News19 Meteorologist Daniel Bonds. “It’s unprecedented. I’ve run out of adjectives to describe it.”

Snowfall at Columbia Metropolitan Airport on Nov. 1 is the earliest on record, beating the previous record by 8 days. according to the National Weather Service.

The previous record was set just one year ago, on Nov 9, 20113. (Do we see a trend here?) Continue reading »

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Nov 03

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- Incredible early-season snow slams the Southeast, impacts felt across eastern U.S. (Washington Post, Nov 1, 2014):

3:00 p.m. update:NWS Morristown reports up to 22″ of snow fell at Mt LeConte in Tennessee’s Smoky Mountains, with drifts waist deep there.

Here are several new share-worthy items from this stunning mid-fall snowstorm:

Original story from 11:35 a.m…

Snow to start November in South Carolina? Basically unheard of. Until today. Continue reading »

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Nov 02

algoresnowstorm

- Record snowfall in Chicago – Happy Halloween! (Ice Age Now, Nov 1, 2014):

Halloween started with a record snowfall for many Chicago-area residents.
As of 8 a.m. Friday, O’Hare and Chicago Rockford International Airport had one-tenth of an inch of snow, the most on record for Oct. 31 for the city of Chicago, according to the weather service.

The snow and wind caused hundreds of flight cancellations and delays Friday at O’Hare International Airport, officials said.

http://www.chicagotribune.com/news/local/breaking/chi-snow-possible-weather-story-20141031-story.html

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Oct 27

- Coolest Year On Record in the U.S. (Real Science, Oct 25, 2014):

The percentage of US HCN stations to reach 90 degrees was the smallest on record this year, with four of the five coolest years occurring above 350 PPM CO2. The most widespread heat occurred in 1931, when more than 98% of stations were over 90 degrees.

US-having-coldest-year-on-record-2014

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Oct 27

- “Premature” snow in Greece (Ice Age Now, Oct 26, 2014):

Winter has arrived in Greece with heavy rain, strong winds, early snow in the mountains and sharp temperature drop.

Sudden rain storms turned streets into rivers. the island of Zakynthos (Zante) was hit by a mini-tornado that uprooted trees, swept away stables roofs and destroyed balconies. Continue reading »

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Oct 27

- Up to 80cm of snow this week in Switzerland (Ice Age Now, Oct 26, 2014):

80 cm is 31½ inches – That’s thigh-deep.


The snow fell down to 1000m (which is close to the valley floor in many Swiss regions), but due to the early time of the season, the warmth of the ground means that melting from below took place up to 2000m.

  • Urner Alpen, Glarner Alpen and Nordbunden: 60 to 80 cm
  • remainder of the northern Alps from the Berner Oberland to Liechtenstein, Mittelbunden and the Lower Engadin valley: 30 to 60 cm
  • other regions up to 30 cm, but the extreme south remains precipitation free

After the snowfall ended, freezing levels rose to 3400m, which means that this snowfall, as is normal in late October, will mostly melt way, with only the higher deposits benefitting from freeze-thaw cycles to create a permanent snowbase. Continue reading »

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Oct 27

- Bulgaria – Heavy snowfall leaves 50 villages without power (Ice Age Now, Oct 26, 2014):

Gabrovo and Sevlievo declare emergency because of extremely severe winter conditions. More than fifty villages have no electricity. All roads and passes in the region are blocked.

The main roads in the country are closed, trains are stopped, and thousands of subscribers are without electricity CEZ.

Heavy snow did not stop for ten hours, along with hurricane winds and freezing temperatures. Continue reading »

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Oct 27

- Romania – Snow up to 10 centimeters (Ice Age Now, Oct 26, 2014):

The A2 motorway is closed between Bucharest and Fundulea, according to the Center Infotrafic the Romanian Police.

Meteorologists have issued a code yellow warning for snow and wind in Bucharest and five other counties in the southeast.

According to meteorologists, the municipality of Bucharest and the Ilfov, Giurgiu, Virginia, West counties Calarasi and Ialomita, will receive 5-7 cm of snow, with 10 cm in some areas. The County Teleorman shas received about 5 cm in the last few hours. Continue reading »

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Oct 26

Kazakhstan – Harvesting under 20 cm of snow and minus 10 degrees C (Ice Age Now, Oct 23, 2014):

What grains they collect now can only be used to feed the cattle.


“Of course the MSM in the Netherlands do not bring this news,” says reader. “Snow in Austria and in Sweden? We don’t hear it on the television news, we don’t read it in the big newspapers. Snow in Russia? It is not mentioned. The private plane of the CEO of the French oil company Total crashed on Vnukovo Airport after a collision with a snow blower. Nobody says: Hey, how come we are not being told that there was snow? Why else would a snowblower be on the runway?”


Despite the nearly 20-cm (8-inch) layer of snow on the grain fields of Northern Kazakhstan the harvesters keep working. The snow and cold cannot stop the combine because about 20% of the crop still remains in the fields, reported television channel CTC.

For farmers this year turned out to be difficult. Spring experienced drought, summer torrential rains, and now early autumn snow. But the work does not stop in bad weather and frost. Continue reading »

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Oct 26

- Early taste of winter in Switzerland (Ice Age Now, Oct 23, 2014):

Snowfall could reach as much as 30 cm (12 inches) in some locations, according to MeteoNews.


Parts of Switzerland experienced an early taste of winter on Wednesday with snow falling at levels as low as 600 metres in some areas.


La-Tzoumaz_22Oct14
22 Oct 2014 – Webcam view of La Tzoumaz in the 4 Vallées resort area in the canton of Valais on Wednesday. Photo: Televerbier.ch


In the canton of Uri, unprepared motorists remained blocked on the road in the Alps between Gösechen and Andermatt on Wednesday morning because of snow.

Cantonal police said traffic was halted because some cars were not equipped with snow tires, according to a report from 20 Minuten newspaper. Continue reading »

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Oct 26

- Snow causes chaos in western Austria (Ice Age Now, Oct 23, 2014):

23 Oct 2014 – Winter has come early to western Austria, leaving hundreds of homes without electricity. Snow and rainfall also caused numerous problems on roads, and is expected to continue until Thursday evening.

Four vehicles crashed in Riezlern in Vorarlberg due to the chaos caused by the snowfall. Numerous drivers had to be rescued from the Hochkönig-Bundesstraße road in Salzburg after they got trapped in snow.

Fallen trees also caused power outages in the Tyrolean regions of Brandenberg, Hochfilzen, Zillertall in Zell and Gerlostal. Continue reading »

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Oct 24

- Heavy early snowfall in North America and Siberia may portend brutal winter for U.S. and Europe (Ice Age Now, Oct 23, 2014):

Five times the normal amount of snow.

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Oct 23

- Heavy snowfall causes panic in Yekaterinenburg (Ice Age Now, Oct 19, 2014):

Snowfall paralyzed  the North bus station in Yekaterinburg, the fourth-largest city in Russia. All buses leave two to three hours late. Hundreds of passengers at risk to come home very late or not at all.

Passengers complain, but  a large number of accidents involving public transport occurred last night in the Sverdlovsk region. Continue reading »

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Oct 23

- ‘It’s coming back': Meteorologists warn ANOTHER Polar Vortex will strike the U.S. this winter (The Daily Mail, Oct 16, 2014):

  • Another polar vortex set to hit the Northeast from January
  • Cold airs expected from November 
  • New York forecast for above-average snow and freezing temperatures 
  • Around 70 inches of snow is also expected to slam Philadelphia
  • South will have a predominantly wet winter 
  • Midwest set to less snow and warmer-than-average temperatures
  • California drought not expected to worsen 

The Polar Vortex Part II is getting ready to roll back into town.

Leading meteorologists are warning the Mid-Atlantic is in for a repeat of last winter, which was noted as the 34th coldest such period for the contiguous 48 states as a whole since modern records began in 1895, according to weather.com.

Now, with a month-and-a-half left of fall, the forecasts are in, and another polar vortex looks set to hit the Northeast from January and not let up for months. Continue reading »

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