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SAR
Clintonistas who are positive Hillary's email server was never hacked
but somehow are equally convinced that it was Vladimir's team that managed to hack the DNC server.    at 11:57

The Daily Beast
Trump to Russia: Hack Hillary’s Missing Emails 
During a Wednesday morning press conference in Florida, Republican presidential nominee Donald Trump encouraged Russia to hack Hillary Clinton’s “missing” emails from her tenure as secretary of state. “Russia, if you're listening, I hope you're able to find the 30,000 emails that are missing,” he said. “I think you will probably be rewarded mightily by our press. Let's see if that happens. That will be next. Yes, sir.”    at 11:49

Debka
Moscow not responsible for leaking DNC e-mails
Sources and experts in the fields of intelligence and cyber warfare say that there is no chance that the hacking was carried out by Russian intelligence, and that it was rather an attempt to rescue Clinton from her political troubles. The clearest signs of this conclusion were signatures in Russian that were intentionally left in the malware planted in the DNC servers. - more    at 11:48

naked capitalism
New York City police upgrade gear after Texas, Louisiana shootings | Reuters
“What – no RPGs? No flamethrower-equipped armored vehicles? No laser weapons? These guys are just asking to be attacked!”    at 11:07

Across the Curve
Core capital goods orders figure is negative on a year-over-year basis (-3.7%)
Businesses have taken a cautious approach toward investment for several years now, so this is nothing new, but I think, if anything, the situation is likely to get worse rather than better in the near term, as many firms that have flexibility in the timing of their investment decisions are likely to sit on their hands until after the election (at which time, they should have a better idea of what the tax and regulatory regime may look like going forward).

Bad news is good news - Buy Stocks, Buy Bonds, Buy Gold! Zero    at 09:56

ClubOrlov
It is a hopeful sign that people are discovering the power of “nyet.”
“If you aren’t voting for Clinton, you are voting for Putin” is one recently minted political trope. Another is that Trump is Putin’s agent. Any public figure that declines to take a pro-establishment stance is automatically labeled “Putin’s useful idiot.” Taken at face value, such claims are preposterous. But there is a deeper explanation for them: what ties them all together is the power of “nyet.” A vote for Sanders is a “nyet” vote: the Democratic establishment produced a candidate and told people to vote for her, and most of the young people said “nyet.” Same thing with Trump: the Republican establishment trotted out its Seven Dwarfs and told people to vote for any one of them, and yet most of the disenfranchised working-class white people said “nyet” and voted for Snow White the outsider.    at 09:48

Automatic Earth
Kremlin Says Idea It Hacked Democratic Party Emails Absurd
Wow. I found a few sentences at Reuters that sound somewhat sensible on the topic. “If the Russians hadn’t hacked us (for which we have no proof), Americans would have never found out about what we did.” Dumb f**ks!

The Neocons Are Backing Hillary Clinton (Intercept)
And you think Trump is the danger? These are the people who shed blood around the globe. These are the people responsible for the terrorist attacks against the west.    at 09:20

The American Conservative
Does It Matter If Putin Wants Trump?
Benjamin Netanyahu has made no secret of his preference for Republican Presidents, nor did Chiang Kai-shek before him. Nor were our European allies’ Democratic preferences in the 2004 Presidential election exactly a secret.    at 09:13

Zero Hedge
IRS Launches Investigation Of Clinton Foundation
Lawmakers charged the Clinton Foundation is a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated.”

Assange: "A Lot More Material" Will Be Released
Wikileaks founder Julian Assange said Tuesday his whistleblowing website might release "a lot more material" relevant to the US electoral campaign. Assange was speaking in a CNN interview following the release of nearly 20,000 emails stolen from the Democratic National Committee by suspected Russian hackers.
   at 02:30

Acting Man
A major catalyst behind collapse of Bretton Woods system was loose US monetary policy
which pushed the price of gold in the gold market above the official $35 per ounce. The price, which stood at $35/oz in January 1970 jumped to $43/oz by August 1971. The growing margin between the market price of gold and the official $35 per ounce created an enormous profit opportunity, which some European central banks decided to exercise by demanding from the US central bank to redeem dollars for gold. Since Americans didn’t have enough gold to back up all the printed dollars they had to announce effective bankruptcy and cut off any link between dollar and gold as of August 1971.    at 01:00

Somehow, “shooter” doesn’t sound as dangerous as “terrorist” | Automatic
When first we heard that three armed men had gone on a “shooting spree” in Munich, the German cops and the lads and lassies of the BBC, CNN and Fox News fingered the “terror” lever. Then it turned out that the three men were in fact only one man – a man who was born in Germany. Quickly, the “anti-terror manhunt” became a hunt for a lone “shooter”. “Shooter” is a code word. It meant: this particular mass killer is not a Muslim. [..] It all comes down to the same thing in the end. If Muslims attack us, they are terrorists. If non-Muslims attack us, they are shooters.    at 00:42

Consortium
Anti-war Democrats worried about a second Clinton presidency
We’ve seen this movie before and we know how it turns out: badly.    at 00:10

27 de Julio    at 00:00


Democracy Now!:
Who Should Bernie Voters Support Now? Reich vs Hedges on Tackling Neoliberal Order
CHRIS HEDGES: Well, reducing the election to personalities is kind of infantile, at this point. The fact is, we live in a system that Sheldon Wolin calls inverted totalitarianism. It’s a system where corporate power has seized all of the levers of control. There is no way to vote against the interests of Goldman Sachs, or Exxon-Mobile, or Raytheon. We’ve lost our privacy. We’ve seen, under Obama, an assault against civil liberties that has outstripped what George W. Bush carried out.    at 13:52

Reason
Unlike Donald Trump, the Democratic nominee’s ideas are frighteningly clear.
Clinton singled out for opprobrium the proposals made by Trump that would dismantle a century-long project initiated by progressives to remake other countries in the image of the United States. That project, which historians of U.S. foreign relations typically refer to as Wilsonianism, after the first president to give it intellectual shape, has been carried out with varying degrees of militancy but always embraced uncritically by both Democratic and Republican presidents since Wilson declared the United States to be "the savior of the world."    at 02:20


William Black at TED
William Black: How to rob a bank (from the inside, that is)
William Black is a former bank regulator who's seen firsthand how banking systems can be used to commit fraud — and how "liar's loans" and other tricky tactics led to the 2008 US banking crisis that threatened the international economy. In this engaging talk, Black, now an academic, reveals the best way to rob a bank — from the inside.

American Banker
Fannie and Freddie Still Encourage Biased Appraisals Published on 26 July
One of the contributing factors of the housing crisis of 2007 was the overvaluing of residential real estate by appraisers. Some appraisers would effectively adjust appraisals to meet the value needed by lenders so the loan could be approved. This would then encourage the lender to send more business to the appraiser whose income is directly related to the number of appraisal orders received.

William Black at Consortium
The Clintons are leaders of the Democratic Leadership Council (DLC).
The DLC was, on economic and foreign policy issues, a servile creature of Wall Street – funded by Wall Street. As Tom Frank’s new book Listen, Liberal documents, the DLC vilified the New Deal, financial and safety regulation, organized labor, the working class, opponents of militarism, opponents of the disastrous trade deals that were actually backdoor assaults on effective health, safety and financial regulation, and the progressive base of the Democratic Party.

Chris Hedges on YouTube
Hedges: What are the social, political, and economic ingredients for a revolution? 
Pulitzer Prize-winner Chris Hedges examines the looming collapse of our civil society, the frightening rise of demagogues, the transformation of political discourse into hate speech, and the political awakening of the Christian Right, the neo-Confederates, the Tea Party, right-to-life groups, nativists, and militias. According to Hedges, the inability of the liberal elite to respond to the growing disenfranchisement of the American working class is slowly leading to the final disintegration of what remains of this capitalist democracy. He’ll explore this idea and its far-reaching negative effects: a rise in hate crimes against Muslims, African Americans, undocumented workers, homosexuals, feminists, artists, and intellectuals, and increased acts of domestic and state terrorism.

Zero Hedge
Michael Hudson: Krugman's Neocon Neoliberalism Vs Trump's Righteous Populism
Krugman has joined the ranks of the neocons, as well as the neoliberals, and they're terrified that they're losing control of the Republican Party. For the last half-century the Republican Party has been pro-Cold War, corporatist. And Trump has actually, is reversing that. Reversing the whole traditional platform. And that really worries the neocons.    at 16:45

Ron Paul at The Burning Platform
Passing Audit the Fed is a good first step toward Fed-exit
Auditing the Fed will not reduce the Federal Reserve’s mythical “independence.” It will simply allow Congress and the people to learn the full truth about the Fed’s conduct of monetary policy. However, the desperation with which the Fed fights the audit bill suggests it believes increased transparency will boost support for Fed-exit. Considering what we discovered from the limited audit of the Fed’s activities during the 2008 financial crisis, the Fed’s fears may be justified.    at 10:27

David Stockman's Contra Corner
Trump keeps enraging all the right people
Article 5 of the NATO treaty says if another NATO member is attacked each member “shall take such action as it deems necessary.” Republican opposition to the NATO treaty in 1949, led by “Mr. Republican” Sen. Robert A. Taft, would have defeated it in the Senate if any more binding language had been included.    at 07:53


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