United States

Submitted by Simon Black via SovereignMan.com,

“Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall.”

That’s a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a speech he gave a few weeks ago.

He could have just as easily been talking about propaganda. The Fed, the White House, Wall Street, the media have a vested interest in peddling a certain narrative about the economy.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Starbucks Chairman Howard Schultz has said of the upcoming Concert for Valor:

 

Authored by Jessica Marmor Shaw, originally posted at MarketWatch.com,

For decades, California has been portrayed as the epicenter of earthquake country. Last year’s disaster movie “San Andreas,” in which a magnitude-9.0 quake lays waste to the state, was just the latest and most spectacular example.

Even Bloomberg gets it.

In a note issued yesterday, the news behemoth reported what our readers had known for years: that "There's Only One Buyer Keeping S&P 500's Bull Market Alive", namely corporate buybacks, the same "buyer" of stocks that the smart money has been selling to for the past 7 weeks.

Dispelling any confusion about who the relentless buyer into the "wall of worry" is, this is what Bloomberg wrote:

Hillary Clinton appeared to forget the killing of four US citizens during an attack on the US diplomatic mission in Benghazi when she insisted that “we did not lose a single person in Libya”. Clinton made the comment while defending her push for regime change in the war-torn North African nation at an Illinois town hall event on Monday. Talk about having a selective memory….. Could this be an early sign of dementia or has Mrs Clinton spent so much of her life lying that she now finds it hard to distinguish what is real from what is fantasy?