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Jan 17, 2015

Keiser Report: Banksterism (E707)

Keiser Report: Banksterism (E707)

Published on Jan 17, 2015
In this episode of the Keiser Report, Max Keiser and Stacy Herbert are in Mexico City and they find the so-called “failed state” looks a whole lot better in many regards than certain Western countries. They look at the role of the US drug war in creating the ultra-violence which has led to the headlines that caused the perception of a failed state in Mexico. In the second half, Max interviews economist and journalist Guillermo Barba about Mexico’s unallocated gold reserves at the Bank of England, the failed state question and the future of the Mexican economy. 

GATA | THE GATA DISPATCH - January 17, 2015: Swiss franc trade is said to wipe out Everest's main hedge fund.

Swiss franc trade is said to wipe out Everest's main hedge fund

Submitted by cpowell on Saturday, January 17, 2015.
Swiss Franc Trade Is Said to Wipe Out Everest's Main Fund
By Katherine Burton
Bloomberg News
Saturday, January 17, 2015
Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.
Everest Capital's Global Fund had about $830 million in assets as of the end of December, according to a client report. The Miami-based firm, which specializes in emerging markets, still manages seven funds with about $2.2 billion in assets. The global fund, the firm's oldest, was betting that the Swiss franc would decline, said the person, who asked not to be named because the information is private. ...
... For the remainder of the report:
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The Washington Post | Post Pulse - January 17, 2015: Holder limits local authorities' ability to seize assets without proof

The Washington Post
Post Pulse
What's trending on the Web now  •  Sat., Jan. 17, 2015

To see Post Pulse in real-time, go directly to Post Pulse. Below are articles trending as of 6:30 PM.
The rate of sea-level rise is 'far worse than previously thought,' study says
A new way of measuring sea-level rise has yielded what appears to be a much more accurate picture of the oceans.  Read full article »

This powerful Reddit thread reveals how the poor get by in America
Users tell their stories about living in poverty.  Read full article »
The American decline in driving actually began way earlier than you think
At least, in some parts of the country.  Read full article »
Teen 'Bonnie and Clyde,' wanted after a brazen crime spree, have been spotted in Florida, according to Kentucky Police
A girl, 13, and her boyfriend, 18, are wanted for "increasingly brazen and dangerous" activity.  Read full article »
Parents investigated for neglect after letting kids walk home alone
The Montgomery County parents say they saw it as a moment of independence for their kids, ages 10 and 6, but that authorities viewed it much differently.  Read full article »
The Washington Post. The all-new app is now on the Fire tablet.
Elizabeth Warren keeps pressure on Hillary Clinton and Democrats ahead of 2016
She's keeping the pressure on Hillary Clinton as she wages a battle for the heart and mind of her party.  Read full article »
Holder limits seized-asset sharing process that split billions with local, state police
The action represents a sweeping check on the power of police to confiscate under federal law.  Read full article »
Maryland will sell 1.5-pound crab-inspired 'Chessie' pretzels at Byrd Stadium
That's a big pretzel.  Read full article »
A little morality tale from David Sedaris
In this animated video, the humorist and author talks about (not) doing the right thing.  Read full article »
This 88-year-old doctor treats the poor out of his Toyota Camry. Mississippi wants to punish him for it.
The State Board of Medical Licensure has asked Carrol Frazier Landrum to relinquish his medical license.  Read full article »

: Eurotunnel to resume services later | BBC Breaking News - January 17, 2015

BBC News
Breaking News

Eurotunnel to resume services later

Eurotunnel says it expects to resume vehicle and freight services through the Channel Tunnel on  Saturday night after a lorry fire closed the tunnel earlier.

The Economist Insights | Weekly Digest: What do CEOs really think about big data?

The Economist
The Economist

Weekly Digest
Issue #61
Top executives are optimistic about big data but still struggle with its application. A recent EIU survey, sponsored by Platfora, explores the different C-suite beliefs, priorities and opinions on the subject of big-data analytics. What type of C-suite are you? Take our benchmarking tool to see which role best matches your big data style.

Creating a seamless retail customer experience
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The ascent of real assets
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Greece: Austerity hampers halting progress
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report imageRisk-informed innovation
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logoCleaner and greener transport
Cities are now home to over half the global population and have a large role to play in reducing carbon emissions and improving air quality.

Tim Pryce, Head of Public Sector at the Carbon Trust
Read the full article>>
Technology on the roads
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The IoT calls for nothing less than a new era of design
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report imageA future for nuclear energy?
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Acquiring talent in Asia
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EU tightens security amid rising anti-Semitism

EU tightens security amid rising anti-Semitism

GATA | THE GATA DISPATCH - January 17, 2015: 2 Articles: Swiss turmoil vindicates hard assets, Sprott says | Morgan may have to start shorting sewage sludge too.

Swiss turmoil vindicates hard assets, Sprott says

Submitted by cpowell on  Saturday, January 17, 2015. 
 Saturday, January 17, 2015
Markets overcame a central bank last week when the Swiss National Bank repudiated its pegging the Swiss franc to the euro, Sprott Asset Management CEO Eric Sprott tells Sprott Money News interviewer Geoff Rutherford in their weekly market review. Sprott adds that there were phenomenal losses in derivatives last week and as market volatility increases, people may realize that hard assets are the best preservers of wealth. The interview is nine minutes long and can be heard at the Sprott Money Internet site here:

Morgan may have to start shorting sewage sludge too

Submitted by cpowell on Saturday, January 17, 2015. 
Sewage Sludge Could Contain Millions of Dollars Worth of Gold
By Warren Cornwall
Science Magazine, Washington
Friday, January 16, 2015
If the holy grail of medieval alchemists was turning lead into gold, how much more magical would it be to draw gold from, well, poop?
It turns out that a ton of sludge, the goo left behind when treating sewage, could contain several hundred dollars' worth of metals -- potentially enough to generate millions of dollars worth of gold, silver, and other minerals each year for a city of a million people.
Metals have long been known to concentrate in sewage, which mixes toilet water with effluent from industrial manufacturing, storm runoff, and anything else flushed down the drain. It's a headache for sewage utilities that must cope with toxic metals lacing wastewater headed for streams or sludge that might otherwise be spread on farm fields.
But what if those metals had value? In a new study, scientists at Arizona State University at Tempe, quantified the metals in sewage sludge and estimated what it all might be worth. They took sludge samples gathered from around the country and measured the metal content using a mass spectrometer that can discern different elements as they are ionized in a superhot plasma. The upshot: There's as much as $13 million worth of metals in the sludge produced every year by a million-person city, including $2.6 million in gold and silver, they report online this week in Environmental Science & Technology. ...
... For the remainder of the report:


Keiser report: Ali-Baba Revolution (E706, ft. Paul Schulte)

Keiser report: Ali-Baba Revolution (E706, ft. Paul Schulte)

Published on Jan 15, 2015
In this episode of the Keiser Report, Max Keiser and Stacy Herbert are joined by Paul Schulte for a double header. In the first half, they discuss the economic catastrophe that is the European corporate and banking sector heading into 2015 - especially for Spain, France, Italy and then Germany. In the second half, they discuss the McFarlane effect as the new chairman of Barclays could begin dismantling the behemoth. They also discuss the number one territory for fintech being . . . China!

The Washington Post Today's Headlines - January 17, 2015: Business: The stark disparities of paid leave: The rich get to heal. The poor get fired.

The Washington Post
Today's Headlines

The morning's most important stories, selected by Post editors and staff  •  Sat., Jan. 17, 2015
Supreme Court agrees to hear gay marriage issue
The Supreme Court announced Friday that it will decide a historic question about whether the Constitution requires that same-sex couples be allowed to marry no matter where they live or whether states are free to limit wedlock to its traditional definition as a union only between a man and a woman.  Read full article »

Rescuers say Metro didn’t relay severity of situation
It took Metro seven minutes to call 911 after a train stopped because of heavy smoke, and even then, officials did not report to emergency responders that passengers were trapped in a tunnel, according to federal safety investigators and reports from city officials and firefighters.  Read full article »
North Korea begins brainwashing children in cult of the Kims as early as kindergarten
SEOUL — When Jeon Geum-ju was a girl in Hoeryong, a depressing mining town at the very northern reaches of North Korea, she used to sing at school about the country’s supreme leader.“Kim Jong Il, how hard he works, he works so hard that he sleeps in the car and just eats rice balls,” sang Jeon, now 29, sitting in a restaurant here trying to recall the words that were once ingrained into her. “On his desk there are piles and piles of reports that he has to read and approve. He works so hard for us, the people.”  Read full article »
Holder limits seized-asset sharing process that split billions with local, state police
Attorney General Eric H. Holder Jr. on Friday barred local and state police from using federal law to seize cash, cars and other property without warrants or criminal charges.Holder’s action represents the most sweeping check on police power to confiscate personal property since the seizures began three decades ago as part of the war on drugs.  Read full article »
Romney, moving toward 2016 run, outlines vision to eradicate poverty
SAN DIEGO — Mitt Romney laid down a marker for a prospective presidential campaign in 2016, telling a Republican audience here Friday night that the party can win the White House with a conservative message that stresses security and safety for the American people, opportunity for all regardless of background and a plan to lift people out of poverty.  Read full article »
U-Va. rape survivor, author now doubts Rolling Stone account
CHARLOTTESVILLE — During her freshman year at the University of Virginia in 1984, Liz Seccuro was gang-raped at a date party at the Phi Kappa Psi fraternity here.Seccuro wrote a memoir decades later about facing her main attacker and became a prominent advocate for sexual assault awareness and speaker about violence against college women.  Read full article »
Majority of U.S. public school students are in poverty
For the first time in at least 50 years, a majority of U.S. public school students come from low-income families, according to a new analysis of 2013 federal data, a statistic that has profound implications for the nation.  Read full article »
It’s official: 2014 was the hottest year
Planet Earth set an ominous record last year as global temperatures rose to the highest level since modern measurements began, scientists said Friday in a report that heightened concerns about humanity’s growing toll on the natural systems that sustain life.  Read full article »
A farewell to Michel du Cille, photographer and artist ‘with a lovely soul’
His friends and colleagues knew Michel du Cille, the many-laureled Washington Post photographer and editor, only as Michel (pronounced “Michael”). But at a memorial celebration Friday afternoon, they learned that the name was shorthand. Du Cille’s full given name was Michelangelo.  Read full article »
The Washington Post. The all-new app is now on the Fire tablet.
This is what President Obama’s face looked like when he was asked about Mitt Romney running for president again
During a joint press conference with British Prime Minister David Cameron, President Obama was asked by ABC's Jon Karl if he had any comment about the news that Mitt Romney was considering a third run for president in 2016.  Read full article »
After fatal shooting at El Paso hospital, VA police highlight nationwide security lapses in VA’s medical system
After last week’s fatal shooting of a psychologist inside an El Paso Veterans Affairs clinic by an Iraq war veteran, the VA’s police force is renewing its long-running calls for more staff, better training and increased resources — from fixing broken radios and cameras to installing metal detectors and developing clear procedures for how to deal with agitated patients.  Read full article »
Meet the couples who will be part of history in the same-sex marriage battle
April DeBoer never intended to be a legal pioneer, much less a public face of perhaps the most significant civil rights challenge to reach the Supreme Court in years. She and her partner just wanted to be able to adopt children as a couple.  Read full article »
I let my 9-year-old ride the subway alone. I got labeled the ‘world’s worst mom.’
Two Maryland parents stand accused of doing the unthinkable: They trusted their kids, 10 and 6, to walk home from the park. The children got about halfway there when someone saw them and called the cops.  Read full article »
Fox News to correct guest’s misstatements on Birmingham, ‘no-go zones’
Tomorrow night’s edition of “Justice with Judge Jeanine” will feature an on-air correction of its segment from last Saturday, in which the host, Jeanine Pirro, discussed with terrorism analyst Steve Emerson so-called European “no-go zones” that are off-limits to non-Muslims. “They’re sort of amorphous, they’re not contiguous necessarily, but they’re sort of safe havens,” said Emerson of these mysterious zones. “And they’re places where the governments, like France, Britain, Sweden, Germany — they don’t exercise any sovereignty so you basically have zones where Sharia courts are set up, where Muslim density is very intense, where police don’t go in,” Emerson said in the segment.  Read full article »
Stop being angry at Western media for ‘ignoring’ Boko Haram
“Why did the world ignore Boko Haram’s Baga attacks?”“Terrorists killed 2,000 people in Nigeria. So why didn’t the world care?”“Boko Haram may have just murdered 2,000 people — so why aren’t we talking about it?”  Read full article »
Charles Krauthammer: Obama: Charlie who?
On Sunday, at the great Paris rally, the whole world was Charlie. By Tuesday, the veneer of solidarity was exposed as tissue thin. It began dissolving as soon as the real, remaining Charlie Hebdo put out its post-massacre issue featuring a Muhammad cover that, as the New York Times put it, “reignited the debate pitting free speech against religious sensitivities.”   Read full article »

Maryland’s larger counties lock arms to stanch loss of funding to rural areas
Montgomery and Prince George’s officials are trying to make sure their counties are not forgotten by Gov.-elect Larry Hogan.The Anne Arundel County Republican, who will be sworn in Wednesday, has pledged to pay more attention to rural Maryland, which he says was neglected during the administration of outgoing Gov. Martin O’Malley (D). Those rural counties also voted for Hogan by overwhelming margins.  Read full article »
D.C. area forecast: Chilly with sun-filled skies today, showers and milder on Sunday
Expect lots of sunshine on Saturday before Sunday's stormy skies.  Read full article »
Test-weary second-grader asks school board: ‘Is that all that matters to grown-ups?’
Saige Price is a 7-year-old second grader at Briarwood Elementary School in Florham Park, New Jersey. She recently appeared before the New Jersey Board of Education to talk about her experience in school — and she gave them a piece of her mind.  Read full article »
Here’s the faith in the ‘American Sniper’ you won’t see in the film
Chris Kyle, often described as the most lethal sniper in U.S. military history, wrote in his autobiography that he prioritized his life in the following order: God, country, family.But God doesn’t make a central appearance in the film “American Sniper,” which opened nationwide Friday. The film offers a few similarities to “Unbroken,” Angelina Jolie’s recent World War II epic about POW Louis Zamperini.  Read full article »
Nets surprise listless Wizards, 102-80
Paul Pierce and Kevin Garnett dined together Thursday night. The conversation centered on basketball, their time as teammates on two teams over eight seasons in Boston and Brooklyn and on their current situations, 250 miles and worlds apart. Pierce is a veteran leader on a Wizards team poised for a deep playoff run; Garnett is toiling for a Nets franchise awash in uncertainty.  Read full article »
TV and radio listings: January 17
NBA8 p.m. Washington at Brooklyn » Comcast SportsNet Plus, WNEW (99.1 FM)8 p.m. Golden State at Houston » NBA TVNHL7 p.m. Toronto at St. Louis » NHL Network  Read full article »
Postgame: Late penalty, turnover spoil Barry Trotz’s homecoming to Nashville
NASHVILLE — When the reunion finally ended, once all the hugs had been shared and the tears had been shed and the closure had been found, Capitals Coach Barry Trotz reassured himself that no matter the outcome here at Bridgestone Arena, facing the Nashville Predators would have felt bittersweet. “Now it’s good,” he said. “I can just move on. I wish we would’ve got a point, maybe two, but I’ve been happy.”  Read full article »
Jamar Wilson’s seven points in 30 seconds lift Northwest; Old Mill’s girls beat Meade
Northwest senior guard Jamar Wilson experienced 30 seconds he’ll never forget during the end of the Jaguars’ 69-67 win over Clarksburg at home in Germantown. With his team down by five, Wilson sank two free throws with half of a minute remaining to trim Clarksburg’s lead to three. The Coyotes missed two free throws following a foul and Wilson tied the game with a three-pointer on Northwest’s ensuing possession.  Read full article »

The GOP’s plan to legislate net neutrality is here. And Internet activists already hate it.
Congressional Republicans are circulating the draft of a long-awaited, much-rumored bill that would clarify federal regulators' ability to enact strict rules governing broadband providers.The bill would enshrine into law key principles under net neutrality, the idea that all Web traffic should be treated equally by broadband companies. Specifically, it would prohibit Internet service providers from "speeding up or slowing down … some Internet traffic in relation to other Internet traffic over the consumer’s broadband," according to the text, which is being circulated by the Senate Commerce Committee and the House Energy and Commerce Committee.  Read full article »

Wounded veterans starting federal jobs would get sick leave under new bill
Wounded veterans hired by the federal government would start their jobs with a stockpile of paid sick leave under a new bill introduced in Congress this week.The bipartisan measure would give service-disabled veterans 104 hours of paid sick time after they enter the federal workforce; non-veteran employees begin with none and accrue hours over time.  Read full article »

How police spent billions seized from Americans
Attorney General Eric H. Holder Jr. on Friday effectively ended the Equitable Sharing process in which local and state police seized billions in cash, cars and other property under federal law without evidence that a crime occurred.  The Justice Department’s new policy prohibits federal agencies from “adopting” local seizures into the Equitable Sharing program, with a few limited exceptions.  Read full article »

Political science news you can use about Cuba
As the Post’s Karen DeYoung reported Thursday, last month’s announcement of a thaw in Cuban-American relations is starting to see some implementation:The Obama administration announced new rules easing travel and trade restrictions against Cuba on Thursday, moving quickly to implement steps the president ordered less than a month ago when he said the United States would reestablish diplomatic relations with the island’s communist government….  Read full article »
What do the academy and the military have in common?
One of the common tropes in the War on College is that the academy is so politically homogeneous and liberal. And that accusation is pretty much accurate. Poll after poll shows that academics are far more liberal than the rest of the country. I don’t need the polls to tell me this. Compared to the rest of the country, I’m a RINO-type moderate. Compared with the rest of the academy, I’m slightly to the right of Attilla the Hun.  Read full article »
Metro’s a mess. All the more reason to ride it.
From the first reports of a “mass casualty incident” to the grainy YouTube videos of passengers coughing violently, passing out and praying, the horrific events onboard a smoke-filled Yellow Line Metro train Monday shook the city and the region. Then came news that the incident had claimed a woman’s life. It was enough to make you never want to ride Metro again.  Read full article »
Happily, this video of John Kerry awkwardly hugging the French president repeats forever
They'll always have Paris.Secretary of State John Kerry is on his way to a awkward hat trick in France this Friday, where he is visiting with French leaders discussing the aftermath of the Charlie Hebdo attack.  Read full article »
Mysterious ‘Islamic State TV channel’ appears online
On Friday, a number of jihadist-linked Twitter accounts began tweeting links to, a Web site which claims to be an "official website for the supporters of the Islamic State Caliphate." A selection of video and radio channels were hosted on the site, some playing Islamic State propaganda videos and others jihadi nasheeds (a type of Islamic vocal music). Users were able to "chat" with fellow viewers.  Read full article »
The Army approved women going to Ranger School, and reaction is mixed
The Army will allow female soldiers to attend its grueling Ranger School for the first time in April, service officials announced Thursday. Preparation for the decision has been underway for months, but the reaction immediately exposed the divide in the military over where women should serve in combat units. And it isn’t always pretty.  Read full article »
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The stark disparities of paid leave: The rich get to heal. The poor get fired.
President Obama’s push for paid leave this week highlights a glaring disparity in the American workforce: Time off is often feasible for the relatively well-off -- but low-wage earners, who need each paycheck to stay financially afloat, just don’t have that option.  Read full article »
Traveling to Europe is about to get a whole lot cheaper
If you've been thinking about taking a European vacation, it's almost time to book those tickets. (Well, as long as you weren't planning on going to Switzerland). That's because the euro is falling so fast against the dollar—down to $1.15 per euro, from a high of $1.45 a few years ago—that it shouldn't be long before the two are worth the same amount.  Read full article »
Work long hours? You’re more likely to drink too much
In recent months, science has reminded us that bad bosses can make us sick. It's warned us that sitting too long is hazardous to our health. It's shown us that by giving up sleep to clock in more hours at work, our jobs are literally killing us.  Read full article »
The coming revolution in much cheaper life-saving drugs
Randy Hillard was supposed to be dead by now.In 2010, the Michigan State University psychiatry professor was diagnosed with stage four stomach cancer and given less than a year to live. He started wondering how he could die in the most comfortable way possible given the circumstances, even briefly researching an assisted suicide organization in Switzerland.  Read full article »
The time a major financial institution was hacked in under 15 minutes
Online attacks against such prominent targets as Sony, Target and Home Depot have brought cybersecurity and digital privacy to the forefront of the national consciousness. But as the technologies we use grow more sophisticated, so will criminals' attempts to defeat them, according to Chris Doggett, North American managing director of Kaspersky Lab, a Moscow-based international information security firm. In an interview this month in Washington, Doggett said financial fraud and identity theft pose far more danger to Americans than shadowy hacking groups such as Lizard Squad, which has taken partial credit for breaching Sony's systems. He added that no network is ever completely secure — as one major Wall Street client found out when Doggett was working as a private security consultant. The following transcript has been edited for length and clarity.  Read full article »
The Switchboard: European regulators look into alleged ‘sweetheart’ Amazon and Apple tax deals
Published every weekday, the Switchboard is your morning helping of hand-picked stories from the Switch team.Join us today for our weekly live chat, Switchback. We'll kick things off at 11 a.m. Eastern. You can submit your questions now, right here.  Read full article »
3 reasons why the Internet of Things (still) doesn’t make sense
If there was one big buzzword out of this year’s CES, it was the “Internet of Things.” Just about every major tech company seemingly wants to sell products or services as part of the Internet of Things. According to Cisco chief executive John Chambers, the Internet of Things could be a $19 trillion opportunity, with more than 50 billion objects hooked up to the Internet by 2020. The momentum behind the Internet of Things seems to be pretty much unstoppable, right?  Read full article »
Oprah’s in town for that White House screening of ‘Selma’
Friday’s forecast in Washington: sunny, with a chance of an Oprah sighting.But you might need to breathe rarefied air to catch a glimpse: the TV mogul will be attending that screening of “Selma” (she’s the film’s producer) at the White House on Friday afternoon that we told you about. President Obama invited members of the cast and crew, along with some Washington dignitaries, to chow down on presidential popcorn and watch the civil-rights-era flick.  Read full article »
Grateful Dead plan. . . a reunion? A farewell? Whatever: Trey Anastasio will be there.
So many questions raised by the news that the four surviving original members of the Grateful Dead will play Chicago’s Soldier Field over July 4th weekend, with Trey Anastasio of Phish standing in for their much-missed leader, Jerry Garcia.  Read full article »
Carolyn Hax: Proposal may dishearten friend over her foot-dragging boyfriend
Adapted from a recent online discussion. Hi, Carolyn:My boyfriend and I are getting ready to take a trip with two other couples we know, one newlywed couple and one couple that’s been dating for five years. My best friend “C” is the female half of the dating couple. She has been wanting to get married for years now and is very frustrated that her boyfriend is dragging his feet. Literally all C and I talk about lately is her frustration about this.   Read full article »