October 4th – Today’s Contrarian Reads

Why The Clinton Smear Machine Is Targeting Gary Johnson, Too

The Clinton smear machine, having finally noticed that Gary Johnson is cutting into what they regard as Hillary’s rightful share of the so-called “millennial” vote, has set its sights on the Libertarian Party’s presidential candidate. It wasn’t supposed to be this way: the conventional wisdom was that the Libertarian ticket of Johnson and former Massachusetts Governor William Weld would split the traditionally Republican base, providing an outlet for the “Never Trump” crowd to vent their spleen.

It’s not Just Deutsche Bank—– European Banking is Utterly Broken 

……. the banking crisis itself is far from over. Nine years after the initial eruption, it still rumbles on, with the epicentre now moved from the US to Europe……. Today’s mayhem is not so much the result of reckless bankers and asleep at the wheel regulators, but rather of the public policy response to the last crisis itself – that is to say, regulatory over-reach and central bank money printing.

Here’s How the Government Is Turning the Entire United States into a Debt Prison

Every taxpayer left in the country now owes more than $149,000 of the national debt, so it’s no surprise the tide is beginning to turn. By hook or by crook, in the coming years, citizens will be fleeced of that money through higher taxes, savings that are inflated away, and an overall drop in their standard of living. Many can see the writing on the wall and have become determined to protect themselves from the years of economic repression coming down the pipe.

More Cracks In The Global Bubble: Singapore Home Prices Slide By Most in 7 Years

Singapore home prices dropped by the most in more than seven years as developers offered discounts amid signals from the government that it won’t roll back property curbs initiated in 2009……. Prices fell for the 12th straight quarter, the longest streak of quarterly losses since prices were first published in 1975, according to preliminary data from the Urban Redevelopment Authority Monday.

Inner City Islands Of Socialism: The State’s Economic War Against Black Americans

While Republicans share some of the blame for this, it has primarily been the Democratic Party’s urban political machines that have sabotaged millions of black lives (and many others) with socialistic central planning scheme after central planning scheme for generations.  America’s inner cities are islands of socialism that have proven time and again that Americans are no better at socialism than the Russians were.  Let’s briefly review some of their evil and destructive work over the past half century.

It’s Not Just Deutsche Bank—–The Entire Financial Sector Is Sick

These are great times for financial assets — and by implication for finance companies that make and sell them, right?  Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” finance hits the wall.

The World’s #1 Arms Merchant—–Obama Has Approved $115 Billion In Arms Sales To Saudi Arabia

Forget oil. In the Middle East, the profits and jobs reaped from tens of billions of dollars in arms sales are becoming the key drivers of U.S. and British policy……. you can’t explain Washington’s deference to Saudi Arabia, despite its criminal war in Yemen and its admitted support for Islamist extremism, without acknowledging the political pull generated by more than $115 billion in U.S. military deals with Saudi Arabia authorized since President Obama took office.

Hillary, They Have Names, Too—–Gennifer, Paula, Juanita, Monica etc.

Bill Clinton merely harassed, assaulted, and raped numerous women over the years. Donald Trump allegedly called a beauty pageant winner who misinterpreted her Miss Universe title as a license to eat it “Miss Piggy.”……..Fat shamer! Unclean! Unclean!

 US Govt. Deficit Numbers are a BIG Lie—- The Public Debt Has Risen By $4 Trillion More Than The Cumulative Federal Deficit Since 2003

Since 2003, the government deficits published by the Office of Management and Budget amounted to $9.26 trillion. So the Treasury should have had to borrow that much to make up the difference. But over the same period, the national debt rose by $13.3 trillion. Meaning, $4.04 trillion had gone up in smoke.

Pentagon Spent $540 Million On Fake Al-Qaeda Videos

……..The Pentagon gave a controversial UK PR firm over half a billion dollars to run a top secret propaganda program in Iraq, the Bureau of Investigative Journalism can reveal. Bell Pottinger’s output included short TV segments made in the style of Arabic news networks and fake insurgent videos which could be used to track the people who watched them, according to a former employee.