July 13, 2015

HSBC is being outed NOW on CBS "60 Minutes" for aiding felonious US tax evasion

Just for the record. It's quite an extensive expose, showing exactly how
the bank assisted tax payers -- many of them criminals -- to shield their
millions from the IRS.

HSBC "declined" to be interviewed.

ON EDIT: The full 60 Minute report is now on CBS's website, for those who missed it.
http://www.cbs.com/shows/60_minutes/video/yh_Fo43T64f9miFzg57_IoTNObXsUxQ0/the-swiss-leaks-alive-and-kickin-/

July 12, 2015

Jimmy Carter calls Hillary the "inevitable" 2016 Democratic nominee

For the record, it's important to note what Jimmy Carter actually stated as his reason is for
believing Hillary is "inevitable"

ABC News link to interview: http://abcnews.go.com/ThisWeek/video/jimmy-carter-hillary-inevitably-2016-nominee-32398299 Carter's remarks are at 1:33 into the video

FYI What Jimmy said, when asked about why he thinks Hillary is a shoo-in given
Bernie Sanders' amazing crowds, was that it's because of the "massive" amount of money
she has amassed, "because money dominates and she's got an inside track" on locking
down most of that money.

Carter did not endorse Hillary, but merely pointed out that the DC/Wall St. Money-Machine
is probably going to have it's way with the US electorate, again, because of money, money, and did I
mention money?

July 12, 2015

Carter Interview: "Hillary will inevitably be 2016 nominee"

Hillary Group post: http://www.democraticunderground.com/110712124

ABC News link to interview: http://abcnews.go.com/ThisWeek/video/jimmy-carter-hillary-inevitably-2016-nominee-32398299

FYI What Jimmy said, when asked about why Hillary is a shoo-in given Bernie Sanders'
amazing crowds, was that it's because of the "massive" amount of money she has amassed,
"because money dominates and she's got an inside track" on locking
down most of that money.

We'll see if Jimmy's FULL opinion about "why" Hillary is "inevitable" will
see the light of day in the Hillary Room.

July 9, 2015

Fear and uncertainty on Wall Street: investors, buckle up for a bumpy ride

Fear and uncertainty on Wall Street: investors, buckle up for a bumpy ride

Volatility is the word across the world’s markets – and with China’s stock sell-off continuing and debt crises in Greece and Puerto Rico unresolved, it doesn’t look like it will end anytime soon

by Suzanne McGee * The Guardian * July 9, 2015

A sea of red: markets around the globe are experiencing heavy sell-offs, especially in China where $3bn has evaporated seemingly overnight.

Are we heading for another stock market crash? The signs are ominous. The New York stock exchange – the world’s largest stock market – shut down for three and a half hours due to a mysterious “technical issue” on Wednesday; China’s speculative stock market plunged still further, despite tens of billions of dollars of spending on the part of the government in a futile attempt to halt the carnage; Greece is sailing into uncharted territory and teetering on the brink of leaving the Eurozone; and meanwhile Puerto Rico is mired in its own debt crisis.

Euripides and Sophocles couldn’t have asked for better material for a financial markets melodrama. Little wonder, therefore, that yesterday turned into a day of carnage on Wall Street, from the moment that US stocks prepared to open for trading early in the morning. There may be more to come.

According to Howard Silverblatt, senior index analyst for S&P Dow Jones Indices, with only an hour to go before the bell rang to signal the start of trading on the floor of the NYSE, the 1.03% decline in the price of futures contracts on the Standard & Poor’s 500 stock index – the market bellwether – was the biggest since the autumn of 2008, in the midst of the financial crisis.

By the time the day of market horror finally ended, trading had at least resumed on the NYSE, with exchange officials quickly quashing speculation of a cyber-attack. But if you’re looking at your 401k or other investment account statements in the coming days, you may want to brace yourself for a shock: the S&P 500 index tumbled 1.65% to 2,046.91, while the Dow Jones Industrial Average fell 1.46% to 17,517.76. Most traders reported seeing a sea of red on their screens, and each of the 10 sectors in the S&P 500, from financial stocks and retailers to mining companies, participated in the selloff.

More: http://www.theguardian.com/business/2015/jul/09/us-china-markets-volatility-greece-puerto-rico

July 9, 2015

NYSE goes down, China Stocks tank, Greece burns, but it's all about The Donald? Really?

This is one of the weirdest news days I can remember. While all this incredible
stuff is happening regarding the financial world, ALL the M$M has on the air
tonight (Both CNN and MSNBC so far) is Donald fucking Trump, complete with
"exclusive interviews", tons of free air time, breathless fawning over this creepy
bloviating hateful sorry excuse for a man.




PS: did anyone else hear about that Anonymous tweet last night, just hours
before the NYSE "technical glitch?



Wait!! Rachael IS talking about real news now .. never mind.

July 8, 2015

What? "New York Stock Exchange suspends trading"

Wondering if this "technical issue" is called "Greece"?
On Edit: CNN in their coverage went out of their way to say this NYSE issue was NOT related
to the crisis in Greece. hmm.

The New York Stock Exchange suspended trading 11:32 a.m ET Wednesday.
In a brief announcement, the exchange said it was experiencing a "technical issue."
http://money.cnn.com/2015/07/08/investing/nyse-suspends-trading/

July 7, 2015

BREAKING: DOJ: No change in stance on Snowden despite Holder remarks

DOJ: No change in stance on Snowden despite Holder remarks
By Jim Sciutto, Athena Jones, Wesley Bruer and Sophia Tatum * CNN * 7/7/15

Washington (CNN)The Justice Department continues to insist that Edward Snowden would face criminal prosecution were he to return to the U.S., even as former Attorney General Eric Holder said the former National Security Agency contractor "spurred a necessary debate" over government spying techniques, Obama administration officials said Tuesday.

On Monday, Holder generated headlines when he told Yahoo News that the "possibility exists" for the DOJ to cut a deal that would allow Snowden to return to the United States, although U.S. authorities have long said they would be open to a plea deal with him.

Holder also said Snowden's disclosures "spurred a necessary debate" about the program to collect in bulk phone records on tens of millions of Americans, which was curtailed last month when Congress passed a law requiring the U.S. government to obtain a warrant in order to get phone metadata from telecommunications companies.

Snowden remains in exile in Moscow. Last year, Holder said at an event at the University of Virginia's Miller Center that "clemency isn't something that we (are) willing to consider" in the case. In March, Anatoly Kucherena, an attorney for Snowden, said the former contractor had received a guarantee from Holder that he will not face the death penalty, and added that Snowden also wanted a guarantee of a "legal and impartial trial."

Holder said Monday that "I certainly think there could be a basis for a resolution that everybody could ultimately be satisfied with."

http://www.cnn.com/2015/07/07/politics/eric-holder-edward-snowden/index.html

July 7, 2015

Is Hillary claiming to be more Liberal than Bernie Sanders?

I don't know how else to interpret her words here:

Clinton assured a crowd at a Dartmouth College cookout this weekend, including some Sanders supporters donning campaign gear, that she is the most progressive candidate in the 2016 race. “I take a backseat to no one when you look at my record in standing up and fighting for progressive values,” Clinton said. Although the prohibitive favorite never mentioned Sanders by name, it’s clear her campaign has taken notice of Sanders’ recent surge.

http://www.salon.com/2015/07/06/in_one_quote_hillary_clinton_shows_how_bernie_sanders_has_upended_the_2016_race/

July 7, 2015

Rachel NOW on msnbc announces Bernie's Portland Maine crowd to be 9,000

I was wondering cuz that crowd looked HUGE on livestream.

almost as big as historic Madison crowd.

July 6, 2015

Holy Moly! Holder "sees striking a deal" with Snowden to return to USA. This is huge.

Holder sees possible DOJ deal with Snowden
By Julian Hattem * 07/06/15 04:39 PM EDT * The Hill

Government leaker Edward Snowden may some day be able to strike a deal to return to the U.S. without jail time, according to former Attorney General Eric Holder. ~snip~

“I certainly think there could be a basis for a resolution that everybody could ultimately be satisfied with,” Holder said. “I think the possibility exists.” During the interview, Holder also appeared to go further toward praising Snowden’s actions than other members of the Obama administration have been willing to do.

“His actions spurred a necessary debate,” Holder told Yahoo News. “We are in a different place as a result of the Snowden disclosures.”

Snowden has been charged with multiple crimes for his 2013 leak of classified federal documents, including Espionage Act violations that could land him in jail for decades. Because of the nature of the charges, Snowden’s supporters say that he would not be able to fairly give his side of the story in court.

Snowden’s legal team has long been in discussions with Obama administration officials to potentially reduce those charges in exchange for Snowden’s return home, but those talks have so far failed to yield any progress.

http://thehill.com/policy/national-security/246967-ex-ag-holder-possibility-exists-for-deal-with-edward-snowden

ON EDIT: Another more recent OP of mine - DoJ says "no deal" in the works re: Snowden
http://www.democraticunderground.com/10026948786
http://www.cnn.com/2015/07/07/politics/eric-holder-edward-snowden/index.html