USA - That police state you were warned of has already arrived. America’s illusions of freedom are becoming more and more transparent, with the federal government’s now standard practice of deploying armed agents to actively roam public venues and conducting “suspicionless searches” on anyone they want.
USA - The federal government has been low-balling the public for years on how much debt it actually has, a University of California, San Diego economics professor, James Hamilton says, adding that the real amount is $70 trillion – not $16.9 trillion, according to FOX News.
GIBRALTAR - Gibraltar's chief minister yesterday accused Spain’s prime minister of behaving like Argentine dictator General Galtieri as Spanish officials again blocked the border.
GERMANY - Angela Merkel, the German chancellor, has raised Conservative hopes for David Cameron’s European policy by saying that the European Union should discuss returning powers from Brussels to national governments.
USA - Christian churches are being warned that if they continue to sponsor Boy Scout troops, they are opening themselves to multiple legal challenges that could affect whether they can “freely preach the Gospel.”
USA - The Treasury Department's Financial Management Service (FMS), which publishes both the federal government's official Daily Treasury Statement and its official Monthly Treasury Statement, is reporting that in July the federal government ran a deficit of $98 billion but that the federal government's debt remained exactly $16,699,396,000,000 for the entire month.
USA - Are we heading for a major stock market decline? Warnings about a crash of the financial markets are quite common these days, and usually they don't materialize. But this time may be different.
USA - As we noted last night, the current cluster of Hindenburg Omens is the most concentrated on record and today just made it worse. Critically, the Hindenburg Omen's underlying construction is indicative of a market in deep confusion with momentum, advancers, decliners, new highs, and new lows all in divergence. For the 6th day in the last 8, the market has flashed another warning that all is not well in this 'most levered ever' equity market. The equity market internals suggest great confusion...
USA - It sounds like the plot of a Hollywood disaster movie: scientists tinker with a flu virus to make it more deadly, only for the mutant strain to escape and trigger a pandemic.
SWITZERLAND - Scientists at CERN in Switzerland and in the US have been developing a new kind of computer system that is already being described as the successor to the World Wide Web.
USA - If you say the “wrong thing” in America today, you could be penalized, fired or even taken to court. Political correctness is running rampant, and it is absolutely destroying this nation.
USA - Bloomberg News television let Mihir Dange, co-founder of commodity trading firm Grafite Capital, remark that his company bought physical gold eight weeks ago but still hasn’t gotten delivery yet. Dange says “there’s a huge run on physical now.”
UK - A vast body of research, amassed over recent decades, shows that religious belief is physically and psychologically beneficial – to a remarkable degree.
EGYPT - Egyptian security forces have stormed two protest camps occupied by supporters of deposed president Mohammed Morsi in Cairo, with reports of many killed. Witnesses said they saw at least 40 bodies, but the Muslim Brotherhood says hundreds died.
UK - A stealth raid by the Bank of England has stripped savers of more than £170 billion, a Money Mail investigation can reveal. By slashing the base rate to a record low of 0.5 per cent and allowing the cost of living to soar for more than four years, the Bank has whittled away the value of cash sitting in High Street accounts through a ‘secret tax’.