The last ten weeks have seen a 29% surge in "Most Shorted" stocks - that is the largest such move on record (creating the biggest rebound in stocks since 1933).

This huge short-squeeze began as S&P Large Speculators were the "shortest" since Dec 2011 and those shorts have covered non-stop since. In fact, the last 4-weeks saw a huge 27,347 'net' contracts covered - the most during a bear-positioning since May 2012.

Following a dramatic deterioration in official diplomatic channels between the US and Saudi Arabia when over the weekend the Saudis threatened the U.S. with dumping billions in Treasuries if Congress were to pass a bill probing into their alleged support of Sept 11 terrorists in the aftermath of last weekend's 60 Minutes report on the classified "28 pages" from the Septemeber 11 commission, moments ago the Obama administration made a stunning admission, when for the first time it revealed on the record that the Saudis were the original source of funding for Al Qaeda.

In a move that has undermined the ceasefire deal, Syrian rebels declared a new battle against government forces on Monday. Sign of escalating violence is also threatening to derail U.N.-led peace talks. The rebel groups, which included factions fighting under the banner of the Free Syrian Army and powerful Islamist Ahrar al-Sham, said in a statement they would respond “with force” against any government forces that fired on civilians.

Submitted by Fred Elliott via Salina.com,

I recently read an article on rt.com written by Cynthia McKinney, the first black woman elected to the Georgia Legislature. The title of the article was “Why Does The U.S Media Lie So Much?” I’ll continue after a brief aside to talk about rt.com (which stands for Russia today).

Three weeks ago, a recent report by Pew revealed something stunning: one third - the poorest - of US households can no longer afford even the most basic necessities: food, rent and transportation.