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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Phil's Favorites

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

 

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

"These rallies offer a boost to the president's ego but risk leaving behind a trail of sickness and increased strain on local public health departments and medical systems."

By Kenny Stancil, Common Dreams

U.S. President Donald Trump speaks during a "Make America Great Again" campaign rally at Altoona-Blair County Airport in Martinsburg, Pennsylvania on October 26, 2020. (Photo: Saul Loeb/AFP via Getty Images)

Ha...



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Biotech/COVID-19

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

 

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

"These rallies offer a boost to the president's ego but risk leaving behind a trail of sickness and increased strain on local public health departments and medical systems."

By Kenny Stancil, Common Dreams

U.S. President Donald Trump speaks during a "Make America Great Again" campaign rally at Altoona-Blair County Airport in Martinsburg, Pennsylvania on October 26, 2020. (Photo: Saul Loeb/AFP via Getty Images)

Ha...



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Kimble Charting Solutions

Are the U.S. Stock Market Indices Facing Double Top Deja Vu?

Courtesy of Chris Kimble

Stock market volatility has turned higher as the month of October has wore on. And now that we are just one week away from the elections, it appears that investors are showing their uncertainty through the price action on the major U.S. stock market indices.

In today’s chart 2-pack, we look at “weekly” charts of the Nasdaq Composite and S&P 500 Index. Though not the same, they have a similar developing pattern. Perhaps one that leads to a 15%+ decline back in 2018.

Could History Be Repeating Itself?

Just as we saw in 2018, momentum is forming a bearish divergence this year at (1). Tha...



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Zero Hedge

As "Blue-Wave"-Mania Melts Down, "Large Lot" Traders Are Leaving The Market

Courtesy of ZeroHedge View original post here.

Are retail bagholders about to get "muppet"-ed again?

Nomura's Charlie McElligott warns that the “election narrative overshoots” continue to swing wildly on the imminent event-risk approach - and partially as a function of horrific market illiquidity, with banks / dealers on facilitation lockdown, as per Risk Management “VaR shock” muscle-memory from 4 yrs ago:

First, it was...



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ValueWalk

World Bank-Cambridge Study Reveals The Impact Of Covid-19 On Financial Regulators

By Jacob Wolinsky. Originally published at ValueWalk.

World Bank and University of Cambridge report highlights increasing digitalisation of financial services has accelerated the pace of regulatory innovation during Covid-19

Q3 2020 hedge fund letters, conferences and more

The World Bank and the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School have today jointly published the results of their Global Covid-19 FinTech Re...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Monday, 18 May 2020, 03:35:21 AM

Click for popup. Clear your browser cache if image is not showing.


Comment: Ooh so pretty, so pretty, ooh so!



Date Found: Thursday, 21 May 2020, 01:03:17 AM

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Comment: Charlie Lee: All Things Litecoin (#MimbleWimble, ...



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Politics

How to track your mail-in ballot

 

How to track your mail-in ballot

Make sure you know when your ballot is arriving, and whether it’s been accepted for counting back at your election office. erhui1979/DigitalVision Vectors via Getty Images

Courtesy of Steven Mulroy, University of Memphis

Many voters who want to participate in the election by mail are concerned about when they’ll receive their ballot – and whether it will get back in time to be counted.

The pandemic has caused interest in ...



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Digital Currencies

Bitcoin: the UK and US are clamping down on crypto trading - here's why it's not yet a big deal

 

Bitcoin: the UK and US are clamping down on crypto trading – here's why it's not yet a big deal

Where there’s a bit there’s a writ. Novikov Aleksey

Courtesy of Gavin Brown, University of Liverpool

The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is a...



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Mapping The Market

COVID-19 Forces More Than Half of Asset Management Firms to Accelerate Adoption of Digital Marketing Technology

By Jacob Wolinsky. Originally published at ValueWalk.

There is no doubt that the use of technology to support client engagement initiatives brings both opportunities and threats but this has been brought into sharp focus this year with the COVID-19 pandemic.

The crisis has brought to the fore the need for firms to enable flexibility in client engagement – the expectation that providers will communicate to clients on their terms, at their speed and frequency and on their preferred channels, is now a given. This is even more critical when clients are experiencing unparalleled anxiety from both market conditions and their own personal circumstances.

...

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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

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Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

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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. Contact Ilene to learn about our affiliate and content sharing programs.