Goooooood Morning Fiatnam!

Friday, October 31, 2014

October ASE sales through the roof!! 5,790,000. Just updated.


Cop Goes Nuts When Told "God Bless You"


Rents are soaring -- and so are evictions

Rents are soaring -- and so are evictions - Oct. 29, 2014

 Rents have risen 7% in the past year, while incomes have inched just 1.8% higher -- making it that much harder for people to afford their housing payments. In fact, the average renter now spends 30% of their income on rent, up from a longtime average of about 25%, according to Zillow. 

BREAKING BEDLAM…..BoJ to own total global wealth of minus $500 quadrillion as ScotNats to hold gun to head of EU

BREAKING BEDLAM…..BoJ to own total global wealth of minus $500 quadrillion as ScotNats to hold gun to head of EU | The Slog.

Perhaps until now, the only thing Scotland and Japan had in common was their admiration for Scotch Whisky. But as of today, the commonality is one of being in the vanguard of tits-up, hunker down global econo-political surrealism.
Just a few days back, I said I expected the SNP to get 13 seats in the 2015 UK General election. The first chart above suggests they could get 54. The Liberace Democrats will get, um, just the one.



Harry Reid's 'Begging' | The Weekly Standard

Election Tally: One Million Senate Ads - Bloomberg Politics

- NY Times

Election Lab: 2014 midterm elections forecast - The Washington Post

Funny f the day

Goldman Slashes Q4 GDP Estimate From 3.0% To 2.2%


The End Of An Era: Is The US Petrodollar Under Threat?


According to Katusa, de Margerie was "a total liability" due to Total's involvement in plans to build an LNG plant on the Yamal Peninsula along with partner Novatek. The company was also seeking financing for a gas project in Russia despite Western sanctions.
"It planned to finance its share in the $27-billion Yamal project using euros, yuan, Russian rubles, and any other currency but U.S. dollars," Katusa writes, then entices the reader with this: "Did this direct threat to the petrodollar make this 'true friend of Russia'—as Putin called de Margerie - some very powerful and dangerous enemies amongst the power that be, whether in the French government, the EU, or the U.S.?"

That may be a stretch, but Katusa's U.S. dollar reference shows that any developments that point to a move away from the dominance of the greenback are not going un-noticed.

Me, Ill keep buying assets.

Caption contest!


" These Undies are to tight! "