Posts Tagged ‘Mark Ames’

Mark Ames on the Dylan Ratigan Show on MSNBC

Mark Ames on the Dylan Ratigan Show on MSNBC

Exiled editor Mark Ames appeared on the Dylan Ratigan Show this week to talk about the 2nd anniversary of the Lehman Brothers collapse, the Tea Party electoral victories, and the decline of the American empire.

Visit msnbc.com for breaking news, world news, and news about the economy 

Mark Ames is the author of Going Postal: Rage, Murder and Rebellion from Reagan’s Workplaces to Clinton’s Columbine.

via exiledonline.com


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TEAGAGGED! BORN IN OFFSHORE DRILLING, TEA PARTY PROTEST SILENCED

TEAGAGGED! BORN IN OFFSHORE DRILLING, TEA PARTY PROTEST SILENCED OVER ORGANIZERS’ LINKS TO 2008 “DRILL HERE! DRILL NOW!” CAMPAIGN

Courtesy of Mark Ames and Yasha Levine, The eXiled

This article was first published in Alternet.

Why are the hoppin’-mad Teabaggers so oddly quiet these days, ever since the BP oil disaster? That’s what Thomas Frank, author of What’s The Matter With Kansas? asked last week in his column, “Laissez-faire Meets The Oil Spill.” Ideologically, it’s painfully obvious why the Teabaggers are now the Teagaggers: their free-market gospel got mugged by oil-drenched reality — a reality so horrific that even pollster Frank Luntz couldn’t spin the BP disaster as the government’s fault. Best to just shut up when you’re that wrong.

But there’s another, more concrete reason why the Tea Party revolutionaries melted back into their suburbs as soon as the enormity of the Gulf spill disaster hit: The Tea Party evolved out of the pro-offshore drilling astroturf movement in 2008. They even share some of the same organizers and front groups, from PR operative like Eric Odom, to advocacy groups like FreedomWorks, whose combined efforts on the “Drill Here! Drill now!” astroturf campaign succeeded in opening up all of America’s coastlines and waters to offshore drilling, overturning a 27-year ban thanks to threats of “a Boston-style Tea Party,” as one Republican put it in the summer of 2008.

We have been following this movement from the beginning. Back in February 2009, on the eve of the first Tea Party protest, we published the first investigative article exposing the hidden relationship between the fake-”spontaneous” Tea Party protests that month, and the Republican machine that backed and promoted the campaign. Our research led again and again to the right-wing Koch brothers, who are worth a combined $32 billion as owners of the largest private oil company in America, Koch Industries. Koch-linked front groups like FreedomWorks and the Sam Adams Alliance (named after the leader of the original Boston Tea Party) played key roles in both the 2008 campaign to deregulate offshore drilling, and in the Tea Party movement.

Eric Odom, the PR flak who launched the Tea Party in February 2009, is the same Eric Odom who in August 2008 organized Republican Twitter-mobs who crashed Capitol Hill chanting “Drill here! Drill now!” to force Congress to open up…
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DID GOLDMAN SACHS MANIPULATE JOURNALISTS AND STOCK PRICE ON SAME DAY AS SENATE TESTIMONY?

Mark Ames, co-editor of The eXiled, suggests Goldman Sachs’s tentacles extend even farther than we may have imagined. Mark’s thought-provoking articles, such as "Confessions of a Wall St. Nihilist: Forget about Goldman Sachs, our Entire Economcy is Built on Fraud" and "Fraudonomics: 10 Fun Fraud Facts" are published at Mark’s online home, The-eXiled, and at the NY Press’s Fraudonomics

The eXiled itself has fascinating history, being the second incarnation of The eXile, The eXile was a "Moscow-based English-language biweekly free tabloid newspaper, aimed at the city’s expatriate community, [combining] outrageous, sometimes satirical, content with investigative reporting" (wikipedia).  Vanity Fair described The eXile as subversive, “gutsy …direct, visceral… serious journalism… abusive, defamatory… poignant… paranoid." The written version in Russia was closed down in 2008. The online sequel lives on.  - Ilene 

DID GOLDMAN SACHS MANIPULATE JOURNALISTS AND STOCK PRICE ON SAME DAY AS SENATE TESTIMONY?

Courtesy of Mark Ames  

William Hogarth's print

A reader brought to my attention a new rumor going around about the strange behavior of Goldman Sachs’s stock price. On April 27, the day Blankfein was dragged before Congress to testify about fraud, Goldman’s stock rose–even though every other financial stock in the S&P 500 dropped, all 78 of them, on a day when the overall S&P average tanked 2.3 percent.

According to Bloomberg that day:

Goldman Sachs Group Inc. had the only gain among 79 financial companies in the Standard & Poor’s 500 Indexas executives testified to a Senate subcommittee about mortgage securities.

Goldman Sachs advanced 0.7 percent to $153.04, while theS&P 500 Financials Index retreated 3.4 percent.

It’s an obvious question, just wondering if anyone has looked into this because as one reader wrote, “it makes no sense whatsoever.” Except as an expensive PR exercise funded by the bank’s insiders.

Whatever the case, that unexpected stock jump turned out to be wonderful news, the billionaires’ smackdown on all the resentful parasites trying to take down Goldman Sachs–this according to all sorts of media lickspittles who are rooting for Goldman. Here for example is The New York Daily News gloating over Goldman’s unexpected stock price rise:

I would be happy to let the whole United States Senate curse at me for just a fraction of the $2.8 million Goldman Sachs CEO Lloyd Blankfein made while he was testifying before a subcommittee this week.

The opinions of the senators carry so little weight that


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Zero Hedge

A Question For Every Investor

Courtesy of ZeroHedge. View original post here.

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,

Recently we received the following question from a subscriber:

“If a correction in the stock or bond markets comes, the Central Banks will buy stocks with printed money, like the Japanese Central Bank, etc. Will there ever be a shakeout of the garbage and junk in the system? I am losing all confidence.” –Ron H.

Questions like Ron’s that suggest t...



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Insider Scoop

Earnings Scheduled For December 13, 2017

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Lightinthebox Holding Co Ltd-ADR (NYSE: LITB) is estimated to report quarterly earnings at $0.01 per share on revenue of $78.49 million.
Companies Reporting After The Bell
  • ABM Industries, Inc. (NYSE: ABM) is expected to post quarterly earnings at $0.49 per share on revenue of $1.49 billion.
  • ...


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Phil's Favorites

In Stunning Victory, Democrat Doug Jones Wins Alabama Senate Seat; Trump Responds: "A Win Is A Win..."

 

Source: NY Times

****

Courtesy of Zero Hedge

Update: President Trump has reacted to Doug Jones' victory:

...

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Digital Currencies

Not A Bubble?

Courtesy of ZeroHedge. View original post here.

Meet The Crypto Company - up almost 20,000% since inception in September...

To a market cap of over $12.6 billion...

Grant's Interest Rate Observer drew the world's attention to this 'company' yesterday.....



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Chart School

Small Caps and Semiconductors Still in Shorting Territory

Courtesy of Declan.

While it was good day for Tech and Large Cap Indices it was a more muddled day for the Russell 2000 and Semiconductor Index.

The Russell 2000 wasn't able to enjoy the fruits of what was low key buying experienced in other indices. A second doji in a row gives shorts something to work with as the 'Bull Trap' continues to influence buyers behavior.


The Semicondcutor Index was able to post similar gains as other lead indices but hasn't yet done enough to challenge its 50-day MA. ...

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Biotech

DNA has gone digital - what could possibly go wrong?

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

 

DNA has gone digital – what could possibly go wrong?

Courtesy of Jenna E. GallegosColorado State University and Jean PeccoudColorado State University

Modern advances come with new liabilities. Sergey ...



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ValueWalk

Tax Bill May Spark Exodus From High-Tax States

Courtesy of FinancialSense.com via ValueWalk.com

The following is a summary of our recent podcast, “Exodus – The Major Wealth Migration,” which can be listened to on our site here on on iTunes here.

It’s looking increasingl...



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Members' Corner

An Interview with David Brin

Our guest David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on a range of topics including national defense, creativity, and space exploration. He is also a well-known and influential futurist (one of four “World's Best Futurists,” according to The Urban Developer), and it is his ideas on the future, specifically the future of civilization, that I hope to learn about here.   

Ilene: David, you base many of your predictions of the future on a theory of historica...



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Mapping The Market

Puts things in perspective

Courtesy of Jean-Luc

Puts things in perspective:

The circles don't look to be to scale much!

...

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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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