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S&P Wants You To Know They "Stress Tested" Subprime Auto ABS Structures And They're "Very Stable"

S&P Wants You To Know They "Stress Tested" Subprime Auto ABS Structures And They're "Very Stable"

The same firm that 'assured' us all back in 2006 that RMBS, CDOs, synthetic CDOs and CDO-squared structures were all very safe products and well deserving of their AAA ratings would now like for you to know that they've "stress tested" subprime auto ABS facilities and found that they're "very stable." 

How Much Longer Can NFL Owners Afford To Sanction Anthem Protests?

How Much Longer Can NFL Owners Afford To Sanction Anthem Protests?

NFL franchise owners provoked quite a reaction on Sunday and Monday when they walked onto the field and locked arms with players – and, in some cases, kneeled (just not during the National Anthem) – in a demonstration of defiance to President Donald Trump, who late Friday night picked a fight with both the NBA and NFL by first disinviting the Golden State Warriors to the White House, then labeled any NFL player who kneels during the anthem a “son of a bitch” for “disrespecting our heritage.”

Six-Figure Pensions For University Of California Teachers Surge 60% Since 2012

Six-Figure Pensions For University Of California Teachers Surge 60% Since 2012

Back in January 2017, the University of California system of schools approved their first in-state tuition hike in six years.  And while one might hope that the extra millions of dollars raised as a result of those hikes would go toward a better education for students, in reality, a large chuck will go to fund the exorbitant pensions of retired teachers. 

Teachers Demand $3,200 From Each Kentucky Household To Fund Pension Ponzi For 2 Years

Teachers Demand $3,200 From Each Kentucky Household To Fund Pension Ponzi For 2 Years

We have written frequently over the past couple of weeks about the disastrous public pension funds in Kentucky that are anywhere from $42 - $84 billion underfunded, depending on which discount rate you feel inclined to use. As we've argued before, these pensions, like the ones in Illinois and other states, are so hopelessly underfunded that they haven't a prayer of ever again being made whole.

America’s Jews Are Driving U.S. Wars — Philip Giraldi

America’s Jews Are Driving U.S. Wars — Philip Giraldi

Former CIA officer Philip Giraldi explains that for the last 16 years the United States has been manipulated into fighting wars for Israel. Giraldi explains the tremendous power that Zionists have over Washington’s foreign policy and American public opinion.

http://www.informationclearinghouse.info/47843.htm

The post America’s Jews Are Driving U.S. Wars — Philip Giraldi appeared first on PaulCraigRoberts.org.

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