By Michael Krieger:One of the most catastrophic things central banks have done in the post financial crisis period is destroy financial markets. Investors are no longer investors, they’re merely helpless rats running around the lunatic central planning maze desperately attempting to survive by front running the latest round of central bank purchases. While actual macroeconomic and corporate fundamentals do still exert influence on financial asset prices from time to time, the far bigger driver of performance over the past several years is central bank policy. To understand just how destructive this is, recall what we learned in last month’s post, Japan’s Bond Market is One Gigantic Joke – “No One Judges Corporate Credit Risks Seriously Anymore”:
TOKYO — Fixed-income investors in Japan are increasingly assessing bonds based on their likelihood of being bought by the central bank, rather than the creditworthiness of the issuers.
By Gilad Atzmon:The BBC reported yesterday“Lord Janner misled an inquiry when asked about his contact with convicted child abuser Frank Beck.” The evidence is overwhelming that at the time Lord Janner was the head of the British Jewish community he was also fiddling with young kids and orphans. “Police and prosecutors believe Lord Janner, a veteran Leicester MP, used his relationship with Beck to get access to children in the city's care home system,” the BBC writes.
Lord Janner was president from 1978 to 1984 of the Board of Deputies of British Jews (BOD), a body that claims to represent the British Jewish community. Lord Janner was a tireless and prominent advocate, both in Parliament and out, of the campaign to win reparations for victims of the Holocaust and to bring those responsible for Nazi atrocities to justice. He lobbied the Thatcher government for the War Crimes Act 1991 (prosecuting Nazis). Janner was the founder of The Holocaust Educational Trust. He was also a vice-president of the World Jewish Congress until 2009 and of the Jewish Leadership Council until 2015. Is not time ripe for all these Jewish institutions to say a word in regard to the depraved conduct of their paedophile leader?
Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the program – this was accepted by the previous [Greek] government and we can’t possibly allow an election to change anything. “So at that point I said ‘Well perhaps we should simply not hold elections anymore for indebted countries’, and there was no answer. The only interpretation I can give [of their view] is, ‘Yes, that would be a good idea, but it would be difficult. So you either sign on the dotted line or you are out.’” – From last year’s post: Everything You Need to Know About the Greek Crisis and ECB Fascism in Two Paragraphs By Michael Krieger:By now, most of you have heard about Wikileaks’ release of internal deliberations between the top two IMF officials in charge of managing the Greek debt crisis – Poul Thomsen, the head of the IMF’s European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece.
Sigmundur Davíð Gunnlaugsson walks out of interview over tax haven question - Panama Papers. By Jon Henley: Iceland’s embattled prime minister, Sigmundur Davíð Gunnlaugsson, has
tendered his resignation in the wake of a mounting political crisis
over his family’s offshore investments, local media have reported. The agriculture and fisheries minister, Sigurður Ingi Jóhannsson,
told state broadcaster RUV that Gunnlaugsson was resigning as prime
minister and that he would be replacing him.
johntheother:Cultural Appropriation is a condemning termfor the very best of human interactions between different cultures, where far from making war on one another - people borrow one another's social and cultural customs and practices - and to say this is a bad thing is either stupid, beyond the stupidest of stupid things, or just plain old evil. You're condemning the very best of human cultural interactions - SJW fucktards!
By Kathy Gyngell: Back in February, I had the temerity to argue that the roots of the doctors' strike lay in the feminisation of the profession: that women doctors' demands for part-time work had created a ‘rights before responsibility’ culture in the National Health Service. This feminised cadre of junior doctors parading the streets on strike last month, taking ‘selfies’, virtue signalling hashtag placards thrust forward, displayed a narcissism and sense of entitlement that sat ill with their profession’s calling and duty of care. All hell broke out – on the comment stream and in the Twittersphere. I’d hit a raw nerve. From young anaesthetists who believed society’s gratitude to them should know no bounds, to aggressive ‘troll’ doctors with their barely veiled threats about my own health care should I need it, it was all flung at ‘despicable’ me. It would never have occurred to me that doctors spent so much of their time on social media. Not that I was the only one to get it in the neck for suggesting that feminisation is to blame for the current crisis.
By Gary Costanza:Dr. Hammad Malik has been placed on the “Known Genital Mutilators” directory at neonatalcutting.org. Dr. Malik runs Circumcision London; this from his website: “Circumcision London Appointments: 07958 335 204 Dr Malik has a private practice based in Harley Street, London. The circumcision surgery is offered as a visiting service in London and Greater London for children from 7 days to 4 years of age. Having a surgical background, I noticed that this much needed service was often not being undertaken in a safe or sterile manner. Also having personally circumcised our 3 boys at home and subsequently many of my colleagues and friends boys I could fully empathise with their anxieties over this very important phase in their child’s life.” Wow. Genital mutilation being visited on baby boys in their own home, making that home a constant reminder of this traumatic event. Here’s a terrifying video of Dr. Malik mutilating an infant, making permanent amputation seem like nothing more than a tooth extraction.
"Ron Paul said it. "End the [central banksters] FED." And I say let the governments issue the money, not Jews who gouge us with interest. That takes their profit angle away and ushers in a framework for prosperity. It's called 'The Chicago Plan For Monetary Reform'."Says Brother Nathanael.
Corbett: The Panama Papers are out and the Panama Papers propaganda is out right along with it. So why does this new mega-leak seemingly only expose those in the State Department crosshairs or expendable others and not a single prominent American politician or businessman? And what does this have to do with the OECD's plan for a global taxation grid?
By Doug Mortimer: Pensacola Bayfront Stadium, home of the minor league Pensacola Blue Wahoos, has one feature that sets it apart from every other ballpark in the country. The foul poles are pink – rubine red, to be exact. I guess you could say it’s a more manly pink than a girly pink, but it’s a far cry from traditional foul-pole yellow. Well, rubine red is a secondary color on the team’s uniforms, but breast cancer awareness is the major motivation for this architectural oddity. So what do foul poles have in common with breasts, other than the fact that they usually appear in pairs? Not much, but baseball is becoming increasingly gynocentric. Now I don’t want to appear insensitive to anyone who has lost a mother, sister, aunt, wife, daughter, grandmother, niece, cousin, second cousin, neighbor, classmate, workmate, roommate, great aunt, great grandmother, or friend (just trying to be inclusive) to breast cancer. Admittedly, a few teams have made efforts on Father’s Day regarding prostate cancer awareness. But why stop there? Why not a day to fight all forms of cancer? Other than gynocentrism, is there any reason to single out breast cancer for special treatment? At a women’s tennis or golf tournament maybe…but at a professional baseball game?
