from Stefan Molyneux:
by Makia Freeman, The Sleuth Journal:
Elite pedophilia is a common theme in the underbelly of the New World Order. Elite pedophilia is shockingly widespread. It goes all the way to highest levels, as the latest scandal involving Prince Andrew shows. This is not just a one-off incident, nor is it isolated. The numerous examples of elite pedophilia throughout the world are fundamentally connected, because a global sex-trafficking ring exists, involving pimps like billionaire Jeffrey Epstein and those who use his child sex slaves, like Alan Dershowitz (ardent defender of genocidal Zionism), and like Bill Clinton and Prince Andrew (Epstein reportedly had 21 phone numbers for Bill Clinton). The reality is that many perpetrators of pedophilia are not shady men in trench coats living in seedy hotels, but are in fact pillars of our community. They are men in so-called “respectable” professions such as banking, law, medicine and politics.
Junk-rated Netflix Borrows $1.9 Bn, Most Ever, in “Drive-By” Bond Issue, to Burn $3-$4 Bn in 2018, Debt Soars to $8.4 billion
by Wolf Richter, Wolf Street:
This junk-bond market is in peak-bubble mode, and Netflix is just doing what investors want it to do.
Wow, that was fast and huge. After announcing this morning that an investor call was scheduled to try sell a “drive-by” issue of $1.5 billion in 10.5-year bonds that S&P rates four notches into junk (B+) and Moody’s three notches into junk (Ba3), Netflix found insatiable investor demand and sold an additional $400 million, for a total of $1.9 billion, Netflix’s largest bond offering ever.
The investment banks running the deal were Morgan Stanley, Goldman Sachs, J.P. Morgan, Deutsche Bank, and Wells Fargo. The notes, which mature on November 15, 2028, priced at a yield of 5.875%, just 291 basis points over the equivalent US Treasury yield, according to S&P Global Market Intelligence.
from Jerome Corsi:
by Caitlin Johnstone, Medium:
I write a lot about how, in a political environment that is saturated in disinformation and propaganda, it’s important to ignore people’s words and watch their actions instead to get a clear picture of what’s really happening. You could not ask for a better illustration of this than the recent behavior of the mass media with regard to Syria.
The always excellent Moon of Alabama put out a piece yesterday detailing the immense deluge of attack editorials disguised as information that have been churned out recently about anyone who questions the establishment Syria narrative, including a single day in which no less than seven smear pieces were issued by prominent publications. Seven. In one day.
by Thorsten Polleit, Mises Institute:
“The reports of my death are greatly exaggerated”, quipped Mark Twain in response to a newspaper report that said he was on his deathbed. The same could be said about many fiat currencies. Whether we are looking at the US dollar, the euro, the Japanese yen or the British Pound: In the wake of the financial and economic crisis of 2008/2009, quite a few commentators painted a rather bleak future for them: high inflation, even hyperinflation, some even forecast their collapse. That did not happen. Instead, fiat money seems to be still in great demand. In the United States of America, for instance, peoples’ fiat money balances relative to incomes are at a record high.
How come? Central banks’ market manipulations have succeeded in fending off credit defaults on a grand scale: Policymakers have cut interest rates dramatically and injected new cash into the banking system. In retrospect, it is clear why these operations have prevented the debt pyramid from crashing down: 2008/2009 was a “credit crisis.” Investors were afraid that states, banks, consumers, and companies might no longer be able to afford their debt service — meanwhile, investors did not fear that inflation could erode the purchasing power of their currencies as evidenced by dropping inflation expectations in the crisis period.
by Pam Martens and Russ Martens, Wall St On Parade:
If there’s any plaintiff’s law firm in America that should know racketeering when it sees it, it’s Cohen Milstein. It’s sued the major Wall Street banks repeatedly with a solid win rate for colluding to rig pretty much anything that trades. On Friday, in the same Federal District Court where its Wall Street actions are litigated, the Southern District of New York (SDNY), it filed its bombshell RICO lawsuit on behalf of the Democratic National Committee (DNC).
The lawsuit does not name President Donald Trump as a defendant but it does name prominent members of his presidential campaign, including his son, Donald Jr., and son-in-law, Jared Kushner. Trump’s former campaign chairman, Paul Manafort, and advisers, Roger Stone and George Papadopoulos are also named, as are the Russian intelligence service, Russian Federation, several Russian operatives, Julian Assange and WikiLeaks.