9 Oct 2013

Kyle Bass Warns "There Is No Way To Protect Yourself If US Treasuries Default"

Tyler Durden's picture"If the politicians lead us into a 'prioritization of payments' situation for Treasury Secretary Lew or an actual missed payment, there is nothing you can do to protect yourself from that!" are the ominous words that Kyle Bass uses to describe the farce that is rapidly approaching (and for now being ignored by stocks). Bass went on to pull no punches in his "disappointment" in JCPenney's performance (and dilution) coming as close as he can to saying "sell." But his piece de resistance was a dismal destruction of any silver lining for Puerto Rico and the significant implications that will have on Muni bonds in general.

On Default risk and "Un-hedgeable" implications:

"The War Machine" project + Show me your papers please! Prejudice agenda - The BBC Sucks O Cocks News

The Artist Taxi Driver: THE WAR MACHINE
Six part film consisting of inteviews with mps arms dealers refugees priests lords comedians doctors unions workers teachers historians mercenries oil men bankers economists activists and people affected by the war machine

Why We Need Campus Men's Centres: Dr. Miles Groth at the University of Toronto

Canadian Association for Equality: Caring About University Men: Why We Need Campus Men's Centres

This year only about 35% of university students in developed countries will be male.

Psychological Origins of Male Mother Need + Don't Date Single Moms

Making Fizzy Kambucha an Elixir

Morris: Just Google Kambucha if you are not familiar with it - it has great life sustaining qualities. And is spawned by feeding it. Presented by Charlot. Source

NCFM on Ritual Baby Boy Genital Mutilation

By There are facts about Ritual Male Baby Genital Mutilation aka circumcision — but you won’t be able to learn any of them from Mark Joseph Stern in his article for the National Post (“‘Intactivists’ Against Circumcision, September 19). Instead you will find an astonishing compilation of outright falsehoods about thousands of dedicated, unpaid volunteers from many walks of life who are working to protect children from an unnecessary and irreversible surgery that many of them grow up to resent.
circumcisionFar from dismissing science, individuals committed to protecting children include leading scientists, pediatricians, public health researchers, and medical ethicists in countries around the world. Recently a team of 38 European scientists wrote in Pediatrics that the only possible medical justification for circumcision is reducing urinary tract infections (UTIs), which are not only rare for boys, but can be effectively treated with antibiotics—just as they are for girls.
Even the American Academy of Pediatrics—which has been criticized by these same experts for having a pro-circumcision bias—agrees that medicine does not justify routine circumcision. The Royal Dutch Medical Association found in 2010 that the foreskin is “a complex, erotogenic structure that plays an important role” in sex, concluding that circumcision of male minors is a violation of children’s rights to autonomy and physical integrity.”

Worse than the Great Depression - Gold and Silver Prices Will Explode

Greg Hunter: Economist Dr. Paul Craig Roberts contends, "The situation is unsustainable." It will blow up at some point, and Dr. Roberts predicts, "It will be worse than the Great Depression because in the Great Depression, prices fell along with employment. Now, prices will be rising and employment would be falling. . . . Gold and silver prices will explode in dollar terms." Join Greg Hunter as he goes One-on-One with former Assistant Treasury Secretary Dr. Paul Craig Roberts. Source

The Death of the US Dollar: Timeline and Obituary + Why The Debt Ceiling is Impossible - Mike Maloney - Hidden Secrets Of Money Ep4 Preview

Stefan Molyneux: Discusses how long we have until the collapse of the dollar and outlines the scenario he sees unfolding when economic reality hits the United States.

Intellectually Induced Asexuality

UK Police Corruption: Interview with Alastair Morgan parts 1 & 2 - The BBC Sucks O Cocks News

The artist taxi driver

US Deaths from Prescription Drugs Now Exceed Those Related to Street Cocaine and Heroin Combined + US: Veterans Arrested at Vietnam Memorial

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By Michael Krieger: A report released yesterday by the non-profit organization Trust for America’s Health has revealed some startling data on prescription drug abuse in these United States. The results are pretty damning to the prescription drug industry. Specifically, it found the majority of total drug related deaths in the U.S. come from prescription drugs, and they now account for more deaths than heroin and cocaine combined.
More from Trust for America’s Health:
According to the report, prescription drug abuse has quickly become a top public health concern, as the number of drug overdose deaths - a majority of which are from prescription drugs – doubled in 29 states since 1999. The rates quadrupled in four of these states and tripled in 10 more of these states.
Prescription drug related deaths now outnumber those from heroin and cocaine combined, and drug overdose deaths exceed motor vehicle-related deaths in 29 states and Washington, D.C. Misuse and abuse of prescription drugs costs the country an estimated $53.4 billion a year in lost productivity, medical costs and criminal justice costs, and currently only one in 10 Americans with a substance abuse disorder receives treatment.

Get your fiscal house in order: China warns US as Asia expresses concern for $1.3tn of investments

By Ben Chu: China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.
The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that the clock is ticking and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.
“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,”  Mr Zhu told reporters in Beijing. This is the United States’ responsibility,” he added.
The American government entered its seventh day of shutdown on Monday, following the failure of Congress to approve the national budget a week ago.