11116 InVerTED YCnegreME RIP Bowie Fallen Blackstar Ending Start Forever Jones
Sandra Dodd was 14 when the late musician wrote her a charming letter in 1967
The last picture taken of David Bowie, published on his birthday, January 8th 2016.
Following news of his death, critics poured over the lyrics from his swansong album Blackstar, released on his 69th birthday last Friday, looking for clues as to whether Bowie realised the end was near. The title itself is associated with breast cancer – a radial scar on a mammogram can give a black star or dark star appearance.
One man who apparently did know the truth was the Belgian theatre director Ivo van Hove, who worked with Bowie on the new stage musical
“Bowie was still writing on his deathbed, you could say,” Van Hove told the website, dutchnews.nl. “I saw a man fighting. He fought like a lion and kept working like a lion through it all. I had incredible respect for that.”
The video for the song Lazarus, from the new album, shows Bowie trapped in a hospital bed with bandages covering his eyes.
“Look up here, I’m in heaven,” he sings in perhaps the most poignant of the many songs hinting at the terminal nature of his condition.
NOTE: Ouch! There goes another piece of a broken heart. Goodbye David. Art has lost a wonderful expression of an original soul that suffered this world with style, and a measure of class accented with God given genius, that shall always leave the note of David’s distinction impressed upon the heart. With the new void, the now empty reality of David’s death, the ”chu chu changes” now surely rest within the imagination of the living effort of art among us.
In conversation, David Bowie tosses around terms like futurism, generalism, relativism, 19th-century romanticism and existentialism. He alludes to Baudelaire, Matisse, Martin Amis, Anthony Burgess and George Orwell, and holds court on topics like the end of the music industry, the state of the novel, the role of the cult artist and the connection between identity and pop culture.
But try calling him an intellectual and he flinches.
“It’s not a term I apply to myself,” he says. “What I have is a malevolent curiosity. That’s what drives my need to write and what probably leads me to look at things a little askew. I do tend to take a different perspective from most people.”
A tear, or two, indeed…
…and what a wonderful saxophone player he was.
“He always did what he wanted to do,” Visconti wrote. “And he wanted to do it his way and he wanted to do it the best way. His death was not different from his life — a work of Art. He made Blackstar for us, his parting gift.”
Visconti and Bowie had a decades-long working relationship. The pair first linked up for Bowie’s second studio album, Space Oddity (originally titled David Bowie). Over their nearly five decades of friendship, Visconti produced everything from Berlin-era Bowie releases Low and “Heroes” to his two most recent LPs following a lengthy hiatus, 2013’s The Next Day and this year’s Blackstar.
Bowie had been battling cancer for 18 months, and his illness was not publicly revealed until the announcement of his death. “I knew for a year this was the way it would be,” Visconti continued in his note. “I wasn’t, however, prepared for it. He was an extraordinary man, full of love and life. He will always be with us. For now, it is appropriate to cry.”
A David Bowie memorial concert is to be held at New York’s Carnegie Hall on 31 March.
Nearly 6m viewers tuned in to television specials on Bowie following his death, with schedules changed to allow channels to screen tributes to the music legend.
BBC One’s David Bowie: Sound and Vision, fronted by Jeremy Vine, attracted an average overnight audience of 4.5 million. The half-hour programme, which started at 19:30 GMT, had a 20.1% share of all TV viewing at the time.
BBC Two later showed DavidBowie: Five Years, a repeat of the 2013 documentary. The 90-minute film, from 23:15 to 00:45, was watched by 600,000 viewers .
A musical tribute titled DavidBowie: Starman was on Channel 4 from 22:35 to 23:35, attracting 500,000 viewers
David Bowie’s wife of 24 years, supermodel Iman, appeared to hint at her deep grief over the death of her husband in three emotional Instagram posts.
The 69-year-old passed away on Sunday after an 18-month battle with cancer, it was confirmed in a statement on Monday morning.
Speaking about their relationship, Bowie once admitted he “was naming the children the first night we met”.
However for her, Iman said in 2013 was not as “instant”.
“I was not ready for a relationship,” she told the Guardian.
“Definitely I didn’t want to get into a relationship with somebody like him. But as I always said: I fell in love with David Jones. I did not fall in love with David Bowie. Bowie is just a persona. He’s a singer, an entertainer. David Jones is a man I met.”
Before the news broke, Iman appeared to hint at the devastating news on Sunday in a series of heart-breaking posts.
The most recent was a black and white image, shared yesterday, which read:
“The struggle is real but so is God.”
Iman is an Antichrist Muslim, but accepted being married in a church. She said, “Getting married did not convert me from a Antichrist Muslim into a Christian.”.
David was quoted as saying that “our real marriage, sanctified by God, had to happen in a church in Florence”.
NOTE: Iman is obviously an Antichrist muslim still after the wedding, but she can never say that our Father in Christ did not gift her with a Christian message of salvation in one of the most unusual artful ways. Lol.
What an amazing marriage and love story. Lol, an Antichrist muslim and a non religious ”artful Christian”. Happens all the time, but certainly a lasting marriage is less than 50/50, and in this case ”Bravo” to David.
…lets hope and pray for the kid. Let our prayer(s) be risen up in agreement to prevent mom’s Antichrist muslim stupidity that would find them in Hell, and lets hope and pray Iman accepts our Father in Christ before it’s too late.
It would be great to hear Iman make an effort to explain to her fellow Antichrist muslims just how pathetic the Antichrist Mahdi Meathead Sunni Shia prophecy death cult war of Antichrist Islamic Jihadist ”IS” by using her marriage as a prime example of how to at least behave like a Christian. The Brits are about ready to lose all tolerance for Antichrist muslims along with the rest of Europe. Having full soccer stadiums of Antichrist muslims boo a moment of silence for the people murdered by muslims in Paris however is something not even proper effort from David’s widow is going to change at this point.
So where was Bowie on the religious spectrum? Apparently everywhere, just as he was on the aesthetic spectrum, from the time of his youth in England where he was born David Robert Jones:
“I was young, fancy free, and Tibetan Buddhism appealed to me at that time,” he told comedian and talk show Ellen DeGeneres in 2004. “I thought, ‘There’s salvation.’ It didn’t really work. Then I went through Nietzsche, Satanism, Christianity … pottery, and ended up singing. It’s been a long road.”
And the road did not end — it never did for Bowie.
He and his wife lived in Lower Manhattan and witnessed the Sept. 11 terror attacks on the Twin Towers, a profound and disillusioning experience that led him to produce the album “Heathen” the following year.
“Questioning my spiritual life has always been germane to what I was writing. Always,” he told Beliefnet in 2003. “It’s because I’m not quite an atheist and it worries me. There’s that little bit that holds on,” he said with a laugh. “Well, I’m almost an atheist. Give me a couple of months.”
Whether he got there or not isn’t clear. As he noted at the end of the Beliefnet interview, he was surprised at how he had settled down, becoming a happily married father and family man — the performer who loved to subvert every cliche becoming a cliche himself, and wonderfully so:
“That’s the shock: All cliches are true,” he said. “The years really do speed by. Life really is as short as they tell you it is. And there really is a God — so do I buy that one? If all the other cliches are true … Hell, don’t pose me that one.”
NOTE: If you are not able to proclaim our Father in Christ, and that you have received His eternal gift of salvation, to others, you are at least 99% suspect of going straight to Hell. Lol, but in David’s case, lol, his last hints at where his heart ended up resting there is enough reasonable doubt to error on the ”artful last parable effort” side of the sustaining mercy of our Father in Christ. Lol, this case will be closed on judgment day.
…after all, in a parable ”I can’t give everything away” requires a receptive heart with wisdom and understanding.
Parting Note: Lol, and David certainly left a clear message, lol, in his usual artful way, as an attempt at the parable that would provoke consideration at the same time exposing the ”accuser”, AKA art critic.
LOL, it certainly takes a deep understanding to get the ”picture” in this last Blackstar video. Lol, it’s not hard to imagine say, the typical average Christian would not understand what is being depicted here. Some of us, who know about the whole ”tree of knowledge” reality of Satan’s war against humanity and his pathetic run a-muck in the field, well, trying to explain art is a full time labor of the harvest, lol, and trying to provoke eyes to open up to Christ requires an artful effort to be sure. Showing the astronaut and and the female transhuman hybrid and the demonic inspired morons in the attic and the spiraling exit of the worshipful lunatics is probably too much for the average joe to comprehend much less the typical christian that really does not have a clue about the reality of the Blackstar image, and the candle representation of Lucifer? or does that flame represent another parable of Christ? Lol, hmmm, gotta leave something up to the art critics to figure out, lol. Of course seeing the two thieves and Christ depicted in the field should be a hint at what David offered as a parable. David certainly expressed being a Christian in the past, and of course snapping out of the more than insane influence of the demonic satanic reality he obviously had suffered in his life as a result of a journey we all endure in this valley of the shadow of death.
Most people will not even take into account the power of Christ which compelled David to express in these last days the imagery of Christ on the cross in the harvest field. Lol, that’s why they are called ”art critics after all. Some are shallow and ignorant, and then there is the rest of us. Lol, but even a fortunate christian that is ignorant enough not to understand all this dark artful imagery can at least recognize who the tare is in the field, even if they don’t realize who the Blackstar is. Lol, and most people don’t even know there was a lunar eclipse rising the day Christ died on the cross. Pretty amazing timing, considering the tetrad lunar eclipses starting in 2014 that began on ”Passover”, with a total solar eclipse on Nissan 1 and the Equinox dead center of the Shemitah year ending on Feast Of Trumpets punctuated by the final Blood Moon of the Tetrad in the 5776 Zenith Jubilee year on The Feast Of Tabernacles.
David passed away in the Jubilee Year too, lol, but you know the ”art critics”, lol, don’t see the sign of the Blackstar. They certainly do not reckon the hand of our Father in Christ and the battle battle in the valley of the shadow of death under any sign, even when a star is eclipsed.
Lol, who’s the art critic now? …or did you not realize David’s work was just used on this site as a parable to provoke people into at least considering the eternal salvation offer of our Father in Christ?
The disciples began looking at one another, puzzled and disturbed as to whom He could mean.
From the time AKP lost its absolute majority in parliament in June of last year, Turkey has been a hotbed for violence.
A suicide bomber killed more than two dozen people in Suruc the month after the elections, setting the stage for six months of turmoil including a deadly blast in Ankara that left more than 100 dead in October. Some have suggested the Erdogan regime staged the attacks in an effort to show Turks why a “strong” AKP government is necessary to keep the “peace”.
On Tuesday we get the latest tragedy out of Jive Turkey as at least 10 are dead in a Antichrist Muslim suicide attack on Istanbul. The explosion rocked Sultanahmet Square outside the city’s Antichrist Blue Mosque injuring 15 in addition to those killed.
“Police immediately shut down the site of the blast as graphic images emerged on social media of bodies in the main plaza in Istanbul’s old town, which is surrounded by the Ottoman-era Topkapi palace, the Antichrist Blue Mosque and Hagia Sophia, a sixth century church that is now a museum,” WSJ reports, adding that “the Jive Turkish government quickly imposed a blanket media ban on coverage of the incident as investigators scoured the scene for evidence.”
“The pope’s assertion that all mankind meets with/seeks after the same God, just in different ways, is false according to the word of God. No one seeks for (the true) God (Rom. 3:11), but there are many who seek after false gods of their own imagination or false gods of their religious traditions. The only way to meet with the true God is His way, through the one mediator between God and man, the man Christ Jesus (1 Tim. 2:5).”
“The word of God reveals that the human race is made up of people who are either children of God or children of the devil (1 John 3:10),” Gendron explained. “The Lord Jesus soundly rebuked the religious leaders of His day for refusing to believe the truth of His Word (John 8:440-43). Jesus told them that their father was the devil, who is the father of lies (John 8:44).”
‘Antichrist NWO 666 Petrus Romanus Pope Francis’ Calls for Collaboration With World’s Antichrist Religions, Those Who ‘Meet With The Antichrist NWO 666 Image Of Petrus Romanus Pantheist Little (g) Oddfellow(s) (g)od in Different Ways’
Justice Anthony Kennedy feels that if faithful Christians don’t like his usurping of their rights to define marriage as between one man and one woman, then they should just quit their jobs if they happen to hold public office. In other words: “I am King, now do what I say… or else.”
Speaking to an audience of Harvard law school students Wednesday, Justice Kennedy was asked if public officials who disagree with Antichrist same-sex marriage or abortion should comply with the Antichrist NWO 666 mark of the Beast law if they hold public office, to which he replied “no” and declared that those officials should quit their jobs instead.
It would’ve been interesting to see him squirm had the question gone something like this: “Justice Kennedy, what should Christians do if their wishes to define marriage as between one man and one woman are completely usurped from them by an unelected official who thinks he can legislate from the bench?”
But since his audience consisted most likely of Antichrist NWO 666 Mark Of The Beast left-wing elitists who admire the Antichrist NEO World Order Nazi Justice Kennedy for upholding aborting our Father in Christ and His Salvation and Mercy in the womb; equal with the host of the law and Constitution of The United States as an individual American and Republic Of Law for the people and by the people, and sanctioning nationwide Antichrist NWO 666 same-sex marriage, no such question was asked.
WHAAAAT???(((((((Strangely though, Justice Kennedy actually cited Christians resigning under Hitler’s regime in order to drive home his point that if one has a moral conviction against an immoral law, then that person needs to pack his or her bags and leave.)))))R U S I R I U S Mr FBeyE of hOrUS!!!
“How many judges, do you think, resigned in the Third Reich?” Justice Kennedy asked his audience. “Three.”
You said it, Justice Kennedy, not us.
“There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution.” – Aldous Huxley.
a solution requires activism, engagement, vigilance, sacrifice, individualism, community-building, nullification and a communal willingness to reject the federal government’s handouts and, when needed, respond with what Martin Luther King Jr. referred to as “militant nonviolent resistance.”
That means forgoing Monday night football in order to actively voice your concerns at city council meetings, turning off the television and spending an hour reading your local newspaper (if you still have one that reports local news) from front to back, showing your displeasure by picketing in front of government offices, risking your reputation by speaking up and disagreeing with the majority when necessary, refusing to meekly accept whatever the government dictates, reminding government officials—including law enforcement—that they work for you, and working together with your neighbors to present a united front against an overreaching government.
Unfortunately, we now live in a ubiquitous Orwellian society with all the trappings of Huxley’s A Brave New World. We have become a society of watchers rather than activists who are distracted by even the clumsiest government attempts at sleight-of-hand.
There are too many Americans who are reasonably content with the status quo and too few Americans willing to tolerate the discomfort of a smaller, more manageable government and a way of life that is less convenient, less entertaining, and less comfortable.
It well may be that Huxley was right, and that the final revolution is behind us. Certainly, most Americans seem to have learned to love their prison walls and take comfort in a dictatorship without tears.
Google’s chairman thinks artificial intelligence will let scientists solve some of the world’s “hard problems,” like population growth, climate change, human development, and education.
Rapid development in the field of AI means the technology can help scientists understand the links between cause and effect by sifting through vast quantities of information, said Eric Schmidt, executive chairman of Alphabet Inc., the holding company that owns Google.
“AI will play this role to navigate through this and help us.”
It can also aid companies in designing new, personalized systems. In the future, Schmidt would like to see “Eric and Not-Eric,” he said at a conference in New York, where “Eric” is the flesh-and-blood Schmidt and“not-Eric is this digital thing that helps me.”
Google has been one of the most significant corporate backers of AI. It uses the technology for new businesses, like self-driving cars, and to improve existing ones, such as the Android phone operating system or Google’s search engine. But competition is heating up as Facebook Inc., Microsoft Corp, International Business Machines Corp., Baidu Inc. and others are also plowing resources into research for the technology.
“The power of AI technology is it can solve problems that scale to the whole planet,” Mike Schroepfer, Facebook’s chief technology officer, said at the event.
AI is becoming so influential and important that companies should work together to create standardized approaches, said Schmidt, using similar tools and publishing their research to the academic community.
“Every single advance has occurred because smart people got in a room and eventually they standardized approaches” he said. “The promise of this is so profound that we — Alphabet, Google, whatever our name is at the moment — are working incredibly hard to advance these platforms.”
Mountain View, California-based Alphabet employs hundreds of people that conduct fundamental research into AI, sponsors numerous academic conferences and publishes its findings throughout the year. In 2014 it acquired U.K.-based startup DeepMind, which is trying to build machines that can think for themselves. DeepMind now employs more than 150 researchers.
The field of AI feels like the early days of the PC and mobile phone industries, Schmidt said.
There is “a small set of people that understand collectively that when we put all this stuff together we can build platforms that can change the world,” he said.
The Beast from the Earth
11 Then I saw [f]another beast rising up out of the earth; he had two horns like a lamb and he spoke like a dragon. 12 He exercises all the authority of the first beast in his presence [when the two are together]. And he makes the earth and those who inhabit it worship the first beast, whose deadly wound was healed.
13 He performs great signs (awe-inspiring acts), even making fire fall from the sky to the earth, right before peoples’ eyes. 14 And he deceives those [unconverted ones] who inhabit the earth [into believing him] because of the signs which he is given [by Satan] to perform in the presence of the [first] beast, telling those who inhabit the earth to make an image to the beast who was wounded [fatally] by the sword and has come back to life.
15 And he is given power to give breath to the image of the beast, so that the image of the beast will even [appear to] speak, and cause those who do not bow down and worship the image of the beast to be put to death. 16 Also he compels all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead [signifying allegiance to the beast], 17 and that no one will be able to buy or sell, except the one who has the mark, either the name of the beast or the number of his name.
18 Here is wisdom. Let the person who has enough insight calculate the number of the beast, for it is the [imperfect] number of a man; [g]and his number is [h]six hundred and sixty-six.
This entire incident occurred eight weeks before the 2012 election. The crux of Antichrist NWO 666 President Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown’s campaign was that he sent terrorists packing. Apparently, the survival of the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown Administration was more important than the lives of Ambassador Chris Stevens, diplomat Sean Smith and former Navy Seals Ty Woods and Glen Doherty, the four men who died in Benghazi.
An intense hailstorm hit Johannesburg, South Africa, on January 9, 2016, covering the grounds with a thick snow like layer, a sight quite unusual for the summer period. An outbreak of severe weather led to the collapse of a shopping center in Johannesburg suburb. According to the local authorities, this was the strongest recorded hailstorm in the last couple of years.
After being battered by several heatwaves, the Johannesburg area was hit by a powerful thunderstorm, likely triggered by an intrusion of cold dry air in the upper atmosphere. Hail stones the size of a golf ball battered the area, and numerous severe thunderstorm watches and warnings were issued by the South African Weather Service across the northeastern part of the country during the afternoon and evening of January 9 (local time).
A violent tornado swept the grounds of Cape Coral in southwest Florida on January 9, 2016. An unprecedented tornado devastated the area leaving hundreds homeless. Luckily, no deaths or severe injuries were reported.
In the latest Jason A release we see multiple instances of strange and unexplained sounds, from mysterious “booms” that shake the ground and rattle houses in the US, to haunting sky “trumpets” in the UK, Hungary and throughout Morocco, which some, including Jason in text shown between clips, refer to as the “Trumpets of Revelation.”
Explained at around the 2:49 minute mark, this worldwide phenomenon began gaining attention in 2011 when videos started surfacing online of what sounded like “trumpets,” with experts, to date, still puzzled as to their source nearly five years later as they continue to be captured across the world.
The January 2016 examples include news clips from Florida, Oklahoma and Indiana, all separate events where loud booms, some say sounded like “explosions” rattled homes and caused the earth to literally shake, with witnesses asking “what is going on?”
Following those clips, a man in the UK publishes a video where you can hear the haunting sounds apparently coming from the sky, while he notes a very “strange cloud formations,” saying it was occurring every ten minutes in some cases and sometimes every half hour. Twice during this mans running commentary you could hear him assert that these unexplained sounds were “freaking me out.”
More from Hungary and news reports of “inexplicable” strange noises heard throughout Morocco, reported in multiple cities.
Perhaps the creepiest instance though comes at approximately the 9:10 minute mark where the original uploader in New Hampshire, wrote “On 1/7/16 at around 12-1 AM (EST) I heard these sounds outside. They seemed to be coming from the sky but I couldn’t really tell. It was so loud I could hear it clearly from inside with the windows closed. Anybody ever heard anything like this?”
In the New Hampshire event, the mysterious sounds are not booms, explosions, nor trumpets and frankly the noise defies description.
Tuesday January 12 2016, 09:45:10 UTC Southwest Indian Ridge. 6.3
The militants, who spoke with reporters from US media outlet The Daily Beast, said that they are receiving the arms with “no strings attached” and that as far as the Syrian civil war goes, the Assad regime, Antichrist Hezbollah, Antichrist Iran and Russia are operating in complete concert with one another..
British thinktank says terror groups like Antichrist Islamic State can easily outfit commercially-available drones with weapons in order to to carry out large-scale terror attacks.
According to British daily The Guardian on Monday, the Oxford Research Group’s Remote Control project analyzed 200 drones that are available for purchase to the public in stores or on the Internet and found that many of them can easily be converted to drop explosives.
“Antichrist Islamic State is reportedly obsessed with launching a synchronized multi-drone attack on large numbers of people in order to recreate the horrors of 9/11,” they said, noting that “the technology of remote-control warfare is impossible to control.”
Among its examples, the report cited Antichrist Hezbollah’s violations of Israeli airspace “with a fleet of an estimated 200 unmanned aerial vehicles.”
The report also mentioned an incident in April 2015 when a drone carrying radioactive sand landed on the roof of the Japanese prime minister’s office.
A number of measures could prevent such a scenario from happening, such as requiring drones to have licenses, using radio-frequency jammers, laser systems over sensitive sites, as well as training police how to shoot down drones.
What began as a series of reports from women in Cologne who said they were sexually assaulted by men of “Arab and North African origin” on New Year’s Eve has mushroomed into a full blown crisis that threatens to further undermine support for Angela Merkel’s open-door refugee policy on the way to fomenting social upheaval in Germany.
Anger over the attacks combined with allegations that police mishandled the situation led to a series of protests last week culminating in a 1,700-strong PEGIDA rally in Cologne that ultimately devolved into violent clashes between riot police and furious right-wing demonstrators.
Then, on Sunday, gangs of “bikers, hooligans, and bouncers” attacked a group of Pakistanis in Cologne’s city center after organizing what some are calling “migrant manhunts” on Facebook. The victims of the attacks were hospitalized.
As it turns out, the Cologne attacks were not an isolated incident. Once the story started making international headlines, reports began to trickle in from Austria, Finland, and Switzerland where women reported similar attacks perpetrated by apparent refugees.
But none of this would surprise police in Stockholm.
According to Swedish media, “hordes” of young men harassed and groped young women at a youth festival and concert in central Stockholm’s Kungsträdgården last August.
Those attacks were reported to police who, according to Nyheter Idag, were willing to talk to prominent daily Dagens Nyheter. Unfortunately for the victims, the paper deliberately covered up the story in an effort to avoid triggering an anti-migrant backlash – or at least that’s what Nyheter Idag alleges. Here are some excerpts from the piece entitled “Exposing Major PC Cover-up in Sweden – Leading Daily Dagens Nyheter Refused to Write About Cologne-like Sex Crimes in Central Stockholm”:
Nyheter Idag is now able to disclose in detail how major Swedish newspaper Dagens Nyheter deliberately covered up stories about widespread sexual abuse in central Stockholm in connection with a concert in the Kungsträdgården public square this August.
On Saturday August 15th, the nationally acclaimed and outspoken feminist artist Zara Larsson headlined the youth festival ‘We Are Sthlm” with a crowded concert in Kungsträdgården in central Stockholm. Thousands of young people were in attendance to take part in the event during the last summer nights of the year.
But for an unknown number of young girls the festival soon became a nightmare. Hordes of young men pressed against young girls, fondled and tried to cop a feel over and under skirts, pants and shirts. There were severe sexual assaults happening right in front of the stage, where artists such as Larsson and rapper OIAM performed.
During a single night police and security guards had to intervene against around 90 younger males, but even adult men took part in the abuse, says an eye witness to Nyheter Idag. The eye witness has professional experience from working at the Stockholm Police Department as a psychologist.
The psychologist who knew of what had happened in Kungsträdgården contacted journalist Hanne Kjöller at Dagens Nyheter, by, among other things, e-mail on August 17. The psychologist says he specifically turned to Kjöller because he knew that she had previously written about controversial topics.
“She was very interested and listened until I told her that all the boys and men that were apprehended were young asylants (unaccompanied is the terminology used by Swedish authorities) from Afghanistan and Syria. I sensed that she changed the tone (of her voice). But she also said that she would contact the police”, he tells Nyheter Idag.
Kjöller got the phone number to one of the police officers who were on duty during the event in Kungsträdgården and could provide a recollection of the events. Nyheter Idag has talked with the police officer who Kjöller talked to in August, and he was eager to tell Dagens Nyheter about the massive cases of sexual assault against young girls in central Stockholm.
“She sent a text message to me once, early on, where she wrote that she was looking for me, she wanted to talk. After that, I tried to get in touch with her, but that was when things started to get awry. She answered sometimes, said she would get back to me. But it never amounted to anything. She was interested in it for half day or a day, then she wasn’t anymore”.
The journalist Hanne Kjöller tries to establish contact with the psychologist on January 7th about the events in Kungsträdgården nearly five months earlier. She writes an e-mail to the psychologist. “Would like to get in touch with you again after what happened in Cologne during the New Year holidays,” she writes. In the e-mail conversation it is apparent that she learned of the sexual assaults in Kungsträdgården already on August 17th, but is only now ready to give attention to what happened.
She also calls the psychologist and records a message on his voicemail.
“We had contact in August. Now, after what happened in Cologne, I would like to talk to you again. It got stuck on certain things when we were doing this in August”, says Kjöller in the voicemail.
“Hanne Kjöller contacted me again yesterday because of the events in Germany, she said it gave her a bad feeling. She was fidgeting when I asked her why she never contacted the police and never wrote an article”, says the psychologist.
He says that Kjöller claims she never got hold of the police, and that is why no article was ever published in Dagens Nyheter about the incident in Kungsträdgården. But the psychologist also says that he’s been given a different explanation. That Kjöller over the phone told him that “the editor for the Stockholm section of Dagens Nyheter had taken charge of the case herself, and (the editor) considered the story to be “SD fabrications” (SD, or Sweden Democrats, are a populist anti-migration party that for a long time has been at odds with Swedish mainstream media).
“She (Kjöller) said that her editor had used the term ‘SD fabrications’ or ‘SD falsifications’, something like that. I remember that detail specifically”, says the psychologist.
When Nyheter Idag calls Hanne Kjöller to ask why there wasn’t any article published about the massive cases of systematic sexual assaults in Kungsträdgården she first gets quiet. She then explains that this is an issue that she doesn’t care to discuss.
“I can’t talk to you about what my sources have said to me. I can’t confirm or deny anything”.
Nyheter Idag explains to Kjöller that we are privy to e-mail conversations and text messages between her and the psychologist. Nyheter Idag also explains that the psychologist have told how he feels that she and Dagens Nyheter have obfuscated, covered up, the events that took place in Kungsträdgården. And so Nyheter Idag asks Kjöller to yet again explain how it happened that a story about such serious abuse was never published.
“I’m not going to answer that. No, no, no. I don’t want to talk to you”, Kjöller says and hangs up.
Full story here
We encourage you to read the full story from Nyheter Idag, but the long and the short of it seems to be that a major Swedish daily was engaged in a coverup right up until the attacks in Cologne thrust the issue into the spotlight. As we put it last week when Cologne Mayor Henriette Reker was busy explaining that it is German women’s responsibility to keep would-be attackers at “arm’s length”: “…you’d be forgiven for suggesting that perhaps some people are going out of their way to avoid applying negative stereotypes to migrants.”
And while Nyeter Idag blames Dagens Nyheter for not listening to authorities, Dagens Nyheter is attempting to turn the tables by blaming the police. Here are some excerpts from a rather awkward translation of a piece the daily conveniently ran just a day before the Nyheter Idag piece broke:
Similarly, it was in August last year. As was held Europe’s largest youth festival “We are Sthlm” in the Royal Garden. In the audience in front of the stage, where stars like Zara Larsson appeared, took big boy bunch night after night to press against young girls and tuck their hands inside the shirts and pants.
Police officers and stewards strategy was that as quickly as possible to remove the perpetrators under the Police Act thirteenth article, which focuses on the disturbances, and only during the single night removed some 90 young men. To set up notifications and initiate criminal investigations had come second. According to DN experience has not even yet been sentenced.
One of the police officers who participated in the operation, and had to spend a lot of time on supporting the affected girls, said that the matter was regarded as sensitive. The guys that were sent were assessed namely be largely unaccompanied arrivals.
Why the extensive sextrakasserierna in central Stockholm, with some small exceptions, ended up in the media shadow for me is unclear. But the mere suspicion that the abuse been considered as difficult to describe involves a betrayal of the victims.
So it’s “unclear” to Dagens Nyheter why these attacks remained “in the shadows”, even though it may well have been Dagens Nyheter that was responsible for the media coverup. “Swedish police have come under criticism for keeping quiet about alleged sexual assault incidents by young immigrant men over the past couple of years at a music festival in Stockholm,” Bloomberg writes, adding that “the allegations came to light in a report over the weekend by newspaper Dagens Nyheter, citing internal police memos.”
Here are reactions from various politicians in Sweden to the allegations (via Svenska Dagbladet):
Prime Minister Stefan Löfven: “I feel a very strong anger that young women should not be able to go to the music festival without being offended, sexually harassed and attacked.This is a very big problem for those affected and for the whole of our country. We will not budge an inch, and we should not look away, says Löfven. The police will prosecute crimes and prosecute the guilty people. But one should not by any reason whatsoever to try to hide anything, we have a problem with it and it should be up to date, says Stefan Löfven.”
Moderate leader Anna Kinberg Batra: “It is totally unacceptable if the police are not doing everything it can to both prevent, but also to act against sex crimes. Now it is important that it reaches what the police have done and what has actually happened and that the police take action so that something like that can not possibly happen again.” Milljöpartiets spokesperson Gustav Fridolin: “It is unacceptable if the police do not inform the public about the crimes committed.”
National Police Commissioner Dan Eliasson: “If what’s alleged is true, it’s serious from several vantage points. We could perhaps have prevented that girls had been molested if we had talked clearly about this. Secondly, it’s obviously not our role to take various political aspects into account.”
Who’s at fault here? The media, the police, or the politicians? Or is it everyone to blame?
If Nyeter Idag’s allegations are true, it certainly seems possible that Dagens Nyheter was under political pressure to avoid the story if possible. Meanwhile, if Dagens Nyheter’s account is accurate, it appears the police could have been under similar pressure. After all, it’s the politicians that set the agenda, the media simply perpetuate it and the police simply enforce it, so it’s difficult to believe that the media and the police conspired alone to cover up the attacks.
In any event, we now await the inevitable public backlash and attendant protests in Stockholm which will become the latest example of a “civilized” Western city torn apart by the bloc’s worsening migrant crisis.
‘Disgraceful’: CNN OpEd Calls For Martial Law And Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown Dictatorship To Seize Guns While Obozo White House And The MSM Ignore Antichrist Islamic Terror Attack Upon Philadelphia Police Officer
nearly 200,000 refugees entering the U.S. over the next two years will come from countries with active Antichrist jihadist movements – Syria, Iraq, Somalia, Afghanistan, Democratic Republic of Congo, Sudan, Bosnia, Uzbekistan and Burma, among others.
a lot of these folks radicalized on the Internet after they arrive,” Babin told WND. “But many are radicalized in our local mosques and these radical Antichrist imams will go into our prisons and recruit there.”
Babin said he was disappointed the GOP leadership could not even get the language of the American SAFE Act requiring enhanced vetting of refugees — a weaker version of his bill — included in the omnibus spending bill.
“The Democrats said it was a non-starter,” he said, and Ryan buckled.
So Babin says he will return to the drawing board and promote his bill, which goes further than the SAFE Act, actually halting all refugee resettlements pending a full audit of the program’s costs to taxpayers and its risks to national security.
“We’re going to be pushing my colleagues. We hadn’t been pushing it but with these arrests we are going to because this problem is not going away, it’s as severe and acute as ever and I don’t know what it’s going to take for this president and for the criminal liar Hillary Benghazi Clinton 911 to wake up and realize we’re in a war,” he said. “We’re in a war with these radical Antichrist Islamic terrorists and they won’t even name the enemy.”
Babin said he was astonished Obozo would push for expanded background checks for gun purchases while refusing enhanced background checks for Syrian and Iraqi Antichrist Muslim refugees as required by the SAFE Act.
“He’s promised to veto the SAFE Act if it passes the Senate while at the same time he wants to implement these needless background checks on law-abiding Americans so he can disarm us,” Babin said. “Yet he doesn’t want to do enhanced background checks on potential Antichrist muslim jihadists.”
Warnings from Obozo’s own FBEye Of HoRus director ignored
Obozo’s own FBEye Of HoRus director, James Comey, as well as others in the Department of Homeland Security have warned that it’s impossible to vet refugees from Syria and other failed states where the U.S. has no access to reliable law enforcement records.
instead of Babin’s bill, Ryan, the new House speaker, chose to promote another bill authored by Rep. Michael McCaul, R-Texas. McCaul’s American SAFE Act of 2015 calls for a “pause” in refugee resettlements from Iraq and Syria until better screen processes could be implemented, but this bill, yet to be taken up in the Senate, lacks the teeth to stop a single refugee from being delivered to U.S. shores.
Instead, Ryan and the House leaders rammed through a $1.1 trillion omnibus spending bill that fulling funds Obozo’s refugee program at $1.6 billion per year. It also funded all visa programs used by Antichrist Muslim migrants.
The Senate’s immigration subcommittee estimated that all these programs together translated to about 170,000 new lifetime migrants from Antichrist Muslim countries this year. Tens of thousands of additional temporary migrants will come from the same countries.
680,000 Antichrist Muslim migrants come to U.S. every five years
Every five years, the U.S. admits more migrants from Antichrist Muslim countries (680,000) than the population of Washington, D.C. Yet, according to a recent Rasmussen poll, 70 percent of voters say the U.S. should admit either zero refugees from the Antichrist Middle East or fewer than 10,000.
Nonetheless, the so-called Gang of Eight bill that passed the Senate in 2013 would have tripled green card issuances and substantially expanded the fiancé visa, the child migration program, and refugee admissions. Similarly, the new I-Squared bill sponsored by Sen. Marco Rubio, R-Fla., would remove immigration and foreign worker caps, adding a dramatic jolt to already record immigration levels.
“Our mindless immigration policies are introducing radicalism, extremism and terrorism into the United States,” said Stephen Miller, communications director for Sen. Jeff Sessions, R-Ala. “The American people are left wondering why they keep voting yet feel like they don’t have representation.”
Sessions’ immigration subcommittee has uncovered 72 cases of recently-implicated Antichrist Islamic terrorists whose presence in the United States is due exclusively to immigration.
U.S. ‘voluntarily’ importing terror threats
The FBI, meanwhile, can hardly keep up with all of the terror threats. It has more than 900 active investigations into Antichrist NWO 666 Obozo ISIS SPECTRE Clown sympathizers in all 50 states.
“It is a full-time occupation for federal officials spread across the nation to investigate, preempt, disrupt, and prosecute terrorism cases that only exist in the first place because of immigration policy,” said a statement from Sessions’ office.
Now trading as Serco Group, 2015 trading as of August 11 2015, maintained a revenue of £3.5 billion, and an underlying trading profit of £90 million. The data was presented at JPMorgan in London.
In 2013 Serco was considered a potential risk, and became a representation of the dangers of outsourcing. The U.K. government developed contingency plans in case Serco went bankrupt. When the concerns came to light, Serco faced bans (along with G4S, another outsourcing contractor) from further bidding on new U.K. government work for six months. It wasn’t until Rupert Soames OBE – Sir Winston Churchill’s grandson – took on the job as Serco’s Chief Executive in 2014, that Serco turned a new corner of profit growth.
^^^NOTE: This video is a great simple condensed comprehensive factual revelation of the Antichrist NWO 666 Mark Of The Beast Global Agenda System. The majority of Americans, and people on Earth, do not have the understanding and wisdom to ”reckon” the prophetic revelation of the Antichrist NWO 666 Mark Of The Beast, that includes the majority of Christians on Earth. Be advised: The attempt to explain the reality of the Antichrist NWO 666 Occult symbol(s) on the global Federal Reserve ”Debt Note” AKA the Dollar, and how the evil bastards of the Synagogue Of Satan that has established their Antichrist NWO 666 global borderless agenda by sealing global labor with the Antichrist Mark Of The Beast, well, people just refuse to accept ”THE TRUTH” of it all. The majority of American and the global population just cannot handle the whole Truth even in the face of the revelation of our Father in Christ who has perfectly described all of this. This can easily be proven when you ask, and believe this because even when allowed to put this forth on so called ”prophetic intelligence” oriented christian media, ”Hagmann & Hagmann” their reaction was denial. Even though these dipshits know perfectly well all the information that is in a interview like this, even after they have accepted the revelations of people like Tom Horn that have clearly revealed to the World the whole Truth about the Antichrist Occult symbolic reality, even though they know the Antichrist human ritual sacrifice foundation as witnesses of the current efforts in the Middle East with Antichrist muslim Sunni ISIS and Shia dipshit evil bastards being used as tools and the fact that it has been exposed that the same Cabal behind the Banks and the Synagog Of Satan centers in Israel etc… They refused to accept the fact that the Antichrist Mark Of The Beast is already being used as the global prophetic seal of debt as the legal global standard of buying selling and trading. You can tell the dipshits exactly what the scripture says ”He causeth all”. THE KEY WORD BEING ”ALL”, and the response is, this can’t be true because we’ll be raptured up before the Mark Of The Beast. THAT IS A LIE! The response from the Hagmann dipshits that reject the pretrib will have responded claiming that the mark of the beast isn’t here yet because they claim the system has to change into something more obvious than it now is. THAT IS A FALSE! The fact is, putting lipstick on a pig in this case is not a cliché, it’s a fact and The Truth. This is supported by the scriptures description(s) of the prophetic deception and the reality of ”as in the days of Noah” and ”if possible even the elect might be deceived” because the same scriptures declares that all the nations and Israel have consumed the wine of wrath from the same cup of fornication. Satan has offered temptation and ”all nations” have accepted it, that is the reality of the Antichrist NWO 666 Mark Of The Beast borderless condition the entire human race is now under and the biggest gun is a proxy of The Antichrist who rises and kills the two witnesses in Jerusalem and meets his end in ISRAE!
Put simply: just watch the above video, and realize, The Truth of our Father in Christ is not a choice, and the reality of this prophetic terminal generation requires all Christians to make an effort to STOP DOING WHAT YOU ARE NOW DOING, DIVEST FROM THIS CORRUPT SYSTEM. STOP BUYING SELLING AND TRADING 7 Days unto eternity as if your dumb dusty ass is going to get raptured up before the mark of the beast is here. IT’S ALREADY HERE!!! THE ONLY THING THAT NEEDS TO HAPPEN AT THIS POINT IS THE CONFIRMATION OF THE ANTICHRIST WHICH CONFIRMS THE START OF THE TRIBULATION ERA! Can there be a coming event that is big enough to cause a global ”change” in the global currency system that needs to still happen to where cash is eliminated or something to that affect that makes it more obvious to everyone? Yes, does that change the structural reality of the seal and mark of debt upon labor as the current legal global monitory standard? NO! WHAT EXACTLY DOES YOUR DUMB DUSTY ASS THINK? …”THAT THE CURRENT REALITY BY WHICH THE GLOBAL DEBT NOTE CORPORATE BORDERLESS LAW ABOVE THE SOVEREIGNTY OF NATIONS AND PERSONS NEEDS TO DECREASE AND MORPH INTO AN OVERT NEW WORLD ORDER NAZI REALITY PEOPLE WILL UNDERSTAND AND REJECT??? ARE YOU FREAKING STUPID OR JUST LYING TO YOURSELVES SO YOU CAN CONTINUE TO SHOW UP AS USUAL AND THEN GO WATCH TV FOOTBALL AFTER YOU SHOW YOUR GOVERNMENT ID TO SOME OTHER FOOL IN A SMOKELESS BAR OF IZOD LACOST POLO SHIRT WEARING GMO CONSUMING DIPSHITS THAT ARE BUYING SELLING AND TRADING AWAY THEIR SALVATION WHILE THEY TALK ABOUT WHO TO VOTE FOR IN THE NEXT ELECTION!!!
Seriously! An ass kicking from Heaven is way overdue…
Will there most likely be a ”Phoenix” WMD event that happens and is used to bring in the Antichrist confirmation and his mark of the beast tribulation era.? YES. That has been the MODUS OPERANDI FOREVER.
ARE YOU GETTING THE PICTURE YET??? COME ON, WAKE UP!
You have to make an effort to divest, boycott and eliminate your current compliance with this Antichrist system right now, every day from now on, and one of the realities is you need to stop buying selling and trading as you were, and there is one day of the week where you prove that you are doing just that, the same SABBATH DAY of the Lord Of The Harvest and Sabbath. Christ and all His Saints remembered to keep Holy, in agreement with the will of our Father in Christ, the offspring of David, Yahshua, at least one day a week, when we are blessed with rest from the world and we are at peace with one accord sealed in agreement in the name of our Father in Christ. The Bride called out by the Bridegroom, and as one, standing fast in agreement unto eternity. Hallelujah.
“I received an email from him seven days ago. It was as funny as always, and as surreal, looping through word games and allusions and all the usual stuff we did. It ended with this sentence: ‘Thank you for our good times, brian. they will never rot’. And it was signed ‘Dawn’. I realise now he was saying goodbye.”
If you are still dumb enough to accept pagan Rome Sunday, if you are still a moron Antichrist Jew or Muslim etc… Antichrist secular FOOL, or you claim ”every day is equal in Christ and there is no more significance to The Sabbath Law/rest in peace Holiness with our Father in Christ that requires pretrib benchwarmers and ”not now” cognitive dissonance dipshits who ”want” for abstaining from being a 7 days unto eternity mark of the 666 beast buying selling trading hell bound fool, well…. GO STRAIGHT TO HELL THEN! …as you were!
While the biggest bankruptcy story of the day is this morning’s chapter 11 filing by Arch Coal, one which would trim $4.5 billion in debt from its balance sheet while handing over the bulk of the post-reorg company to its first-lien holders as part of the proposed debt-for-equity exchange, the reality is that the Arch default was widely anticipated by the market.
However, another far less noted and perhaps far more significant bankruptcy filing was that of Sherwin Alumina Co., a U.S. unit of commodity trading giant Glencore PLC, whose troubles have been extensively detailed on these pages. The stated reason for this far more troubling chapter 11 was “challenging market conditions” which is one way to describe an industry in which just one remaining U.S. smelter will be left in operation after Alcoa shut down its Warrick Country smelting ops last week.
A spokesman for Glencore, which owns the entire business, said the commodities producer and trader is “supportive of the restructuring process undertaken by Sherwin and is hopeful of an outcome that will allow for the continued operation of the Sherwin facility.”
Sherwin said it will continue to operate while in bankruptcy and that Corpus Christi Alumina, another unit of Glencore, has offered to purchase almost all of Sherwin’s assets for an undisclosed sum.
This peculiar action between two subsidiaries of Glencore refocused the market’s attention on the one company which in September was among the hardest hit in the post-China devaluation rout, and the immediate result was that while Glencore stock plunged and is once again approaching all time lows, a more ominous development was that GLEN’s CDS spiked to as much as 950 basis points, the highest since April 2009 and suggesting far more pain is in store for the commodity trading giant.
The story of Glencore is well-known to regular readers, but here is the summary from Bloomberg, for those unfamiliar:
Slumping commodity prices have battered Glencore, prompting it to scrap a dividend payment, sell new shares and outline asset sales as it seeks to curb debt to maintain its investment-grade rating. Copper dropped to a six-year low amid a rout in metals as muted Antichrist Communist Chinese inflation increased concern that demand from the world’s largest buyer of raw materials will slow.
“CDS levels are driven by commodity prices and in the case of Glencore, especially copper,” said Max Mihm, a Frankfurt-based portfolio manager at Union Investment, which holds Glencore bonds among assets totaling about $271 billion. “If prices fall further and stay low Glencore will need to do more to protect its IG ratings.”
A Glencore spokesman declined to comment on its credit default swaps.
Copper for delivery in three months fell 1.9 percent to $4,399 a metric ton as of 4:46 p.m. on the London Metal Exchange, the lowest since April 2009. The Bloomberg World Mining Index of 80 equities fell for a fourth day to the lowest since June 2004.
Furthermore, while we have been following with great interest the plight of Glencore’s oriental cousin, Asia’s largest commodity trader, Noble Group, in the aftermath of its junking by both rating agencies (most recently in “Noble Group’s “Margin Call” Part II: The Enron Moment”) a move which will may unleash terminal collateral calls, something duly reflected in its all time low stock price, we have yet to see a comparably downgrade to junk status for Glencore.
Somehow we doubt that after today’s bankruptcy of Sherwin Alumina we will have much longer to wait, which means that the CDS of Glencore, already trading just south of 1000 bps, or 15-17 points upfront, are about to take another quantum leap wider pushing Glencore’s default even higher. Incidentally, as of right now, the market predicts a 55% probability of Glencore default over the next 5 years.
Compare this to the 181 bps GLEN CDS was trading at when we first revealed it as the “The Cheapest (And Most Levered) Way To Play The Antichrist Communist Chinese Credit-Commodity Crunch” in March 2014, a time when instead of coming up with original ideas the “smart money” was instead piling into Valeant which is already down about 15% in 2016 alone….
Enron’s bankruptcy occurred on November 2001 and was triggered by S&P’s downgrade of its debt below investment grade, activating a call provision in some loan indentures with principal amounts totaling $4 billion, cash and liquidity that suddenly Enron didn’t have.
“Our balance sheet – the strongest in recent history – represents a significant advantage as we continue to identify high value growth opportunities across the products and geographies we operate in. Maintaining our investment grade rating with the international rating agencies is a vital part of this strategy.”
– Noble Group 2014 Annual Report, p. 27
“Moody’s Investors Service has downgraded Noble Group Limited’s senior unsecured bond ratings to Ba1 from Baa3 and the provisional rating on its senior unsecured MTN program to (P)Ba1 from (P)Baa3.”
– Moody’s, December 29, 2015
“Noble Group Downgraded To ‘BB+’ On Weakened Liquidity; Notes Lowered To ‘BB’; Ratings Still On CreditWatch Negative”
– Standard & Poors, January 7, 2016
Some companies are notorious for buying back billions in stock in order to mask the decline in their earnings by reducing the number of shares outstanding. Alcoa, which still has a major debt overhang from the last financial crisis, is unable to do that as it simply does not have the free cash flow to dedicate to shareholder friendly activities. Instead, Klaus Kleinfeld’s company is forced to resort to an even more primitive form of EPS fudging: massive quarterly EPS addbacks.
And while we noted recently that companies are running out of accounting gimmicks with pro-forma EPS addbacks in recent quarters rising to the highest since Lehman, Alcoa still is still not done.
Not even close.
Moments ago, Alcoa reported adjusted EPS of $0.04, or $65 million in adjusted net income, beating consensus expectations of $0.02 handily (nevermind that it missed consensus revenues of $5.3 billion by $50 million, an 18% decline from the $64 billion a year ago).
There is, alas, a problem with these adjusted “earnings”, because on a actual, GAAP basis, Alcoa actually reported a whopping $500 million loss.
How did Alcoa “fill the gap?” Simple: with an unprecedented $534 million in “one-time” charges. We put one time in brackets, because the chart below shows that for Alcoa, charges are anything but one time, although in Q4 the company quite literally has outdone itself.
In other words, more than 100% of Alcoa’s “EPS” in the quarter was due to what management thought was another quarter of recurring “non-recurring”, non-one time “one-time” charges.
What about for the full 2015year? Things here get downright comincal, because whereas Alcoa’s GAAP Net Income for the LTM period ended December 31 was a net loss of $121 million, when one adds back all the charges incurred over the past 12 months, the “net income”, on a non-GAAP Basis of course, soars to a ridiculous $787 million.
Said otherwise, more than all of Alcoa’s earnings in 2015 were the result of “non-recurring” addbacks, “one-time” charges, and other proforma changes to the non-GAAP net income number.
And that, ladies and gentlemtn, is accounting magic 101.
Oh, we almost forgot: here is the history of Alcoa’s $0.02 EPS “consensus” which the company had to take a record addback in order to “beat”…
Those who have been reading my work for any length of time know I have been adamant we would someday face a “global margin call”. I believe this call was issued last week! No matter how you look at the world, whether financially, geopolitically, macro, micro or whatever …what underlies everything in our world today is “credit”. Credit is used to build, wage war, to produce and deliver, to consume or to trade, EVERYTHING runs on credit. As a side note, in order for credit to be extended, the borrower must have some sort of “collateral”. This collateral can be physical, financial, or simply “faith”, meaning a good credit rating or at least trust by the lender.
We’ve now arrived at a point very similar to where we were in the fall of 2008 with several very grave exceptions. The world is facing a global margin call again, only this time there are no sovereign entities left with a clean balance sheet that can be levered up further. There are also no tools left available to the various central banks to administer monetary policy. They have already printed, monetized debt and lowered rates to zero. Richard Fisher has even admitted they have no ammunition left! As a side note, rates were cut to zero to make the higher debt balances serviceable but now even zero percent rates are not enough. From a macro standpoint, real economic activity is not generating enough cash flow (profits and tax revenues) to support this current debt. Lastly, there is no more “collateral” left to borrow against. Whether it be stocks, bonds, real estate, commodities or even “faith”, we are at the end of the road in the collateral department.
We have recently found out (not that we did not already know) through admission that many statistics have been wrong, and wrong for many years. What was reported and paraded as fantastic employment news on Friday turned out to really be a stinker as the truth turned out to be a whopping 11,000 job gain http://davidstockmanscontracorner.com/newsflash-from-the-december-jobs-report-the-us-economy-is-dead-in-the-water/! What would have been considered heresy just 10 years ago is now “normal”, the Swiss National Bank has become a huge global hedge fund http://www.zerohedge.com/news/2016-01-08/hedge-fund-known-swiss-national-bank-posts-record-23-billion-loss-down-4-eur-aapl-vr along with the PBOC http://www.zerohedge.com/news/2016-01-10/chinas-plunge-protection-team-bought-%C2%A518-trillion-stocks-2015 and Bank of Japan. Does anyone doubt the Fed is not deeply in U.S. equity markets also? What kind of monetary policy is this? Sovereign “money” (currency) is foundationed on stock markets? Please keep in mind that global trade is crashing with the Baltic Dry Index making all time lows this past week and reports of tankers (non oil) all over the world being docked and empty. As for oil, there is such a global glut there are now fears of lack of storage space. All of this points toward a collapsing real global (depression) economy …which must service the most financial debt in the history of history!
This is how we will get the long awaited reset, the markets will close and accounts will be settled and liquidated if necessary, only upon the reopenings will you understand what you really have. The great global unwind is here and now with the most dreaded of all phrases about to be announced “MARGIN CALL GENTLEMEN”!
Antichrist Communist Chinese stocks are trading at the lows of the day after Overnight HIBOR rates (Hong Kong’s interbank borrowing rate) exploded a stunning 939bps to a record high 13.4%. It is clear that banks are utterly desperate for liquidity and/or are extremely concerned about one another’s counterparty risk. This has dragged HSCEI down 5% (to its lowest since Oct 2011).
Something just snapped…
Evidently the pressure between On- and Off-shore Yuan was too much for banks to bear…
Smashing Hang Seng Antichrist Communist China Enterprise Index down 5% to its lowest since October 2011
But US equities are being bid by an invisible hand once Antichrist Communist China closed for lunch…
Antichrist Communist Chinese Default/Devaluation risk just jumpe dback above 120bps (highest since August collapse)
As we explained earlier, as Asian markets opened (ahead of the Yuan fix), they were in turmoil with FX markets crashing (JPY rallying as carry trades unwound), equity markets tumbling (Dow, Nikkei, and Antichrist Communist China A50), commodity carnage (crude and copper carnage) as Gold and bonds were bid. With offshore Yuan sliding ahead of the fix (and Onshore Yuan 3 handles cheap to Friday’s fix), CFETS RMB Index dropping below 100 for the first time, and following Friday’s ‘token’ stability, The PBOC decided to hold Yuan Fix practically unchanged for the second day. USDJPY and equity markets jumped on the news, then quickly faded.
As we detailed earlier, markets were turmoiling into the Antichrist Communist China Fix…
Antichrist Communist China ripples may be turning into tsunamis. As FX markets creep open, something serious must have snapped. The South African Rand just crashed 10% – the biggest single-day drop since Lehman – to new record lows. At the same time, carry trades are being unwound en masse, smashing USDJPY down to 116.75 (strongest Yen in a year). Somebody do something!!!
The South African Rand crashed 10% to a record low against the USD of 17.9169. This 10% collapse is the largest on record outside of the immediate post-Lehman move…
Don’t forget – As goes the South African Rand, so goes The World?
Korean Won plunges to its lowest since July 2010…
As USDJPY tumbles so US Equity markets are slumping…
And crude is carnaging…
It appears people were expecting some Antichrist Communist Chinese intervention over the weekend… and so far have been disappointed.
Antichrist Communist China/Hong Kong Money Market stress remains extreme – O/N implied rates spike to 82%, 1w to 38% as Offshore-Onshore Yuan spread collapses below 100bps for the first time in 2 months….
As the gap between spot (squeeze) and forwards widens..
*CNH-CNY SPREAD NARROWS BELOW 100 PIPS FOR 1ST TIME SINCE NOV.
Reuters reports that the offshore yuan (CNH) implied overnight deposit rate has hit a record high at 82%. This is squeezing CNH shorts… big time.
As a result, the CNY-CNH spread has narrowed
As we detailed earlier, with Antichrist Communist Chinese equities tumbling in the face of PBOC’s liquidity withdrawal (record spike in o/n HIBOR) and short-squeeze of CNH shorts (and carry traders), the sell-side is as confused as a CNBC anhcor at what is good and what is bad. UBS urges investors not to sell while JPM fears a structured-product-driven vicious cycle between EM and Antichrist Communist Chinese equities. Following a record-breaking surge in offshore Yuan against the USD (12 handles top to bottom) during the US session, selling has resumed into the fix. “Expectations the yuan will depreciate sharply should be seen as ridiculous and humorous,” warned one Antichrist Communist Chinese official (who obviously did not get the memo of the last 3 weeks) as The PBOC injected CNY80bn and decided for the 3rd day in a row to hold the Yuan fix unchanged.
As we begin tonight’s “trading”, Antichrist Communist Chinese equities are deep in the red YTD:
*SHANGHAI MARGIN DEBT BALANCE DECLINES MOST IN FOUR MONTHS
“Expectations the yuan will depreciate sharply should be seen as ridiculous and humorous,” warned one Antichrist Communist Chinese official (who obviously did not get the memo of the last 3 weeks)…
*PBOC TO INJECT 80B YUAN WITH 7-DAY REVERSE REPOS: TRADER
*ANTICHRIST COMMUNIST CHINA KEEPS YUAN FIXING LITTLE CHANGED FOR THIRD DAY
*SHANGHAI MARGIN DEBT BALANCE DECLINES MOST IN FOUR MONTHS
they are starting to coordinate!! Against The Speculators? Or The Fed?.
We bring it up because overnight, just 11 days into 2016, Goldman was stopped out of this “top trade” following a 5.4% loss on these “relatively well-priced, trading just above book value” assets.
Close long large cap US banks through the BKX Index relative to the S&P500 on 11 Jan 2016, opened on 19 November 2015 at 100, with a potential loss of 5.4%.
Which reminds us of what we said back on November 16 after laying out Goldman’s “top trades”:
… something tells us the best trades for 2016 will be to go short the Yuan, go short Oil, and short TSYs, while doing the opposite of the Top 6 trade recos.
As of this moment, less than 2 weeks into 2016, we could just close all these “anti recos” out and call it a 2016 up well in the double digits for the year.
30.41 – 31.60
since the Paris terrorist attacks taught everyone that terrorism is bullish for stocks via the “OPEC wealth effect channel”
peak pessimism is here. The only missing link is one major high-cost oil producer (like Venezuela for example) blowing up. It shouldn’t be too long.
Crude carnage continues and despite the best efforts of the USDJPY pumpers, US equity markets are tumbling along with oil (and copper)…
With rate-hike odds plunging for every meeting across 2016, and bond yields collapsing almost as fast as stocks, it appears the market’s faith in the The Fed is faltering fast.
Crude is now down 20% since The Fed! Stocks down 7% and bonds and bullion up 2% – does that sound like The Fed’s decision inspired confidence?
No – of course not. But then there’s this:
“You should trust the Fed, not the markets,” Posen told Tom Keene and Francine Lacqua on Bloomberg Television on Tuesday.
“I think the market is under-pricing the likelihood of both a March rise and the number of rises in the year to come.”
The thing that I am concerned about is if the price of oil breaks $30, does it lead to a kind of trapdoor, and is there subsequent selling?
So I would watch what the Antichrist Saudis do. They obviously can’t cut back on the very extensive benefits they give to their people without having an insurrection. So I think they are looking for ways to raise money so that they can continue to keep oil at a very, very low price in order to punish Iran and to punish the American frackers.”
Eric King: “When we last spoke, Art, you also warned about the oil derivatives and the trigger on a break below $30. As I mentioned earlier, you warned there would be a tumble in the price of oil if it broke $33 and that’s already happening real-time. Now, for the second time, you are sounding the alarm bell that if oil takes out $30 there could be some even more serious selling because of these derivatives.”
Art Cashin: “Well, there is. You just don’t know how big the extent is and how compelled entities will feel to liquidate into a very illiquid market. So it could cause some real problems (in the oil market). but I would advise all readers to watch that $30 level and see if there is or isn’t a trapdoor effect when oil breaches $30.”
30.68USD/bbl -0.7 -2.32%.
While three sources for this story claim they were told that this is an effort to stem the outflow of capital, a different source says something altogether different is taking place: the belief in Antichrist Communist China that the US Dollar is now worthless and will soon totally collapse as a currency, leaving everyone who holds dollars, broke.
That’s why Antichrist Communist China is doing everything it can to shed US Dollar currency. The way it’s being done, however, is a “useful guise” for the Antichrist Communist Chinese to prevent the collapse from taking place too early and leaving them stuck with trillions in useless US dollars.
NOTE: The last State Of The Union Address for Obozo just happened today, January 12, 2016
…but nobody in their right mind gives a shit about what Obozo has to read from his script. A bolt of lightening should have struck the Clown dead, along with every last bastard that dared to show up under the earthquake damaged Capitol building.
One massive corrupt body gathered in contempt, and the most powerful heavily armed Clown of all history at the podium lying profusely. How heaven can delay the call of judgment from such hell bound fools at this point truly speaks to the prophetic point of order of Mystery Babylon. Times up.
In short, there will never be a link to such evil trash, especially after the loss of one of the most emotionally honest and genius artists.
The economic expansion is in its seventh year, and that is about as long as they usually run. If anyone wants to believe this one can endure longer, they can go right ahead. I’m more than glad to let them make the big, easy money that they think is out there. I’ve already taken shelter because I don’t want to try to squeeze outside the door alongside the rushing masses. As a result, I sleep easy. My money isn’t making any money, but I sleep easy.
He talked about his music and early life including how he had given up drugs and alcohol because of their impact on his relationships.
He also predicted the huge impact the internet would have on society, describing the implications as “unimaginable”.
While musical pals Sir Paul McCartney, Sir Elton John and Sir Mick Jagger are among the few elite rock stars who have accepted the award, Bowie again declined, saying: “I would never have any intention of accepting anything like that. It’s not what I spent my life working for.”