Chairman Of China’s Largest Copper Producer Commits Suicide By Jumping From Hotel

Mr. Jianghong Wei served as Chairman and Chief Executive Officer of Tongling Nonferrous Metals Group Co., Ltd

While news of high-ranking financial executive suicides in the west have become week to week news, the troubling trend has spread to Asia. A string of Chinese officials have killed themselves in recent months, with speculation linking many to a crackdown on graft. However, as SCMP reports, this weekend saw the head of China’s largest copper producer ‘fell to this death’ from a hotel owned by his company with a state-run newspaper claiming the 52-year-old committed suicide (due to work pressures) following corruption allegations. The timing of Wei Jianghong, chairman of state-owned Tongling Nonferrous Metals Group, suicide appears catalyzed by the growing anxiety over the widespread implications of China’s rehypothecation commodity-finance scandalThat leaves one question – what did he know that markets remain ignorant of for now?

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Boehner: House will sue Obama

boehner1

Speaker John Boehner (R-Ohio) on Wednesday said he plans to sue President Obama on behalf of the House over his frequent use of executive actions that Republicans believe are beyond his authority.

During his weekly Capitol press conference, the Speaker accused the president of violating his oath of office by not “faithfully executing the laws of our country.” But Boehner said the lawsuit would not lead to an attempt to remove Obama from office.

“This is not about impeachment,” Boehner said. “This is about his faithfully executing the laws of our country.”

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KURDISH SOLDIERS: ISIS CLOSE TO SURROUNDING BAGHDAD

An extensive McClatchy report quotes several Kurdish military leaders who are significantly concerned that Baghdad could fall to ISIS. At least two critical towns that hold a supply route to Baghdad have been captured, they reported, and ISIS appeared to be traveling south to capture routes on the other side of the capital.

Jabbar Yawar, the spokesman for the Kurdish peshmerga militia, told McClatchy that ISIS was reportedly six miles from Baghdad at times. “This area controls access to southern Iraq, and it appears as if they might try to push into Baghdad or even south towards the city of Hilla,” he stated.

ISIS moving south of Baghdad is significant because of strongholds they already possess in Anbar province, to the west, and their initiatives to control the north. They have also been moving ISIS jihadists east to attempt to cut off the remaining roads to the city.

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Preppers make it hard to get to their fire sometimes

httpv://www.youtube.com/watch?v=-O-2K24C0yM#t=1s

Homemade fire truck for the prepper

httpv://www.youtube.com/watch?v=_ay3rSFhAhg#t=1s

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GDP Disaster: Final Q1 GDP Crashes To -2.9%, Lowest Since 2009, Far Below The Worst Expectation

Remember when in January 2014, Q1 GDP was expected to rise 2.6%? Well, here comes the final Q1 GDP revision and it’s a doozy: at -2.9%, far below the -1.8% expected and well below the -1.0% second revision, it is an absolute disaster, and is the worst print since Q1 2009.

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Singapore official discusses ‘uneasy calm’, tells banks to prepare for financial collapase

Singapore

by Simon Black

While just about every other central bank on the planet is giving everyone two thumbs up on the economy, the deputy chair of the Monetary Authority of Singapore (Lim Hng Kiang) said last night at a dinner that “an uneasy calm seems to have settled in markets” and that “we remain in uncharted waters.”

Singapore’s monetary authority is obviously concerned about financial markets. They understand that you can’t expect to conjure trillions of dollars out of thin air without creating epic bubbles and even more epic consequences.

Central banks and institutional investors turn a deaf ear to obvious risks and fundamentals that are screaming out in desperation hoping some conservative steward will notice that we are tap dancing on a knife’s edge, where nearly every single financial market is simultaneous at/near an all-time high, and central bankers keep pumping money into economies that they claim to be ‘recovered’.

This is the ‘uneasy calm’ that Mr. Lim discussed– a prevailing attitude that there’s nothing to see here; keep calm and buy the all-time high.

And he’s telling banks to get ready for something to happen.

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Syrian And Iraqi Al-Qaeda Groups Merge

Fighters from Nusra Front, the Syrian wing of al Qaeda, took an oath of loyalty to ISIL in the town of Albu Kamal, close to the Iraqi border, the British-based Syrian Observatory for Human Rights and an Islamist website said on Wednesday.

The central leadership of al Qaeda has disowned ISIL and proclaimed the Nusra Front as its official Syrian affiliate.

ISIL, which seized Iraq’s main northern city Mosul on June 10, has since marched virtually unopposed towards Baghdad and is in control of major border posts on the frontier with Syria.

The group also controls large parts of eastern Syria, where it has both clashed with rival rebels groups and occasionally fought alongside them, complicating the three-year-old insurgncy against President Bashar al-Assad.

Twitter users posted a photo they said showed the Nusra Front leader of Albu Kamal, Abu Yusuf al-Masri, swearing loyalty to one of ISIL’s prominent fighters. “It is very important because Nusra is strong in Albu Kamal,” the Observatory’s Rami Abdurrahman said. “We cannot say (ISIL) controls Albu Kamal but we can say they are now in Albu Kamal.”

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Remember who the pResident is supporting in Syria? And why Chris Stevens died in Benghazi?

David DeGerolamo

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Why Obama Is Not One of Us

httpv://www.youtube.com/watch?v=ysQl4aW7tME

The man who grew up in Muslim schools in Indonesia. The man whose chosen mentor was a known communist and self-proclaimed pedophile. The man who thanked his pot-smoking gang, but not the grandmother who raised him, in his yearbook picture. The man that roomed with Muslim radicals at Occidental College. The man who was President of the Harvard Law Review but who never wrote a law review. The man whose political career started in the living room of domestic terrorist Bill Ayers – by the way, here’s a picture of the President’s sponsor coincidentally taken on the same day that the towers fell thanks to his future National Security Advisors ideological blinders. The man who orders his Attorney General not to secure our borders from armed invasion from narcotics traffickers and then ordered him to sue the states for trying to secure their borders on their own. The man who offered to surrender our missile defense shield to the Russians in exchange for personal political gain – in precisely the same way that Benedict Arnold offered to sell out the defenses at West Point in exchange for personal political gain. The man who with the wave of a finger illegally and repeatedly re-writes his own health care law in reaction to poll numbers. The man who stood in front of the United Nations and gave away our first amendment rights in exchange for the promise that the future must not belong to those who slander the Prophet of Islam. The man who decided not to attend six consecutive daily intelligence briefings prior to the Benghazi attack, who ignored the pleas for additional security, who ordered the rescue attempt to stand down then watched via surveillance drone as our family members Glen Dougherty and Tyrone Woods fought for two and a half hours in real time, then died on the roof of the Benghazi Consulate and who then went to bed to be fresh for the big Vegas fundraiser the next day.

That guy. What about him? Is he one of us?

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DHS: ‘Mass Exodus’ of Children Illegally Crossing Border Stresses Authorities

The Department of Homeland Security is struggling to handle a “mass exodus” of some 52,0000 unaccompanied immigrant children who have illegally crossed the U.S. border in record-breaking numbers over the past several months, according to testimony Tuesday by DHS Secretary Jeh Johnson.

The number of illegal children crossing the border has more than doubled since last year, when some 24,000 unaccompanied minors were apprehended. More than 52,000 illegal children have crossed from October to mid-June, according to Johnson, who admitted that the unprecedented influx is stressing DHS resources at the border.

More than 250 children are being apprehended every day along the southern border; U.S. Customs and Border Patrol estimates that more than 150,000 unaccompanied children will illegally enter the U.S. in the next year.

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Cochran Topples Tea Party

httpv://www.youtube.com/watch?v=ffFhn6pXj88

Sen. Thad Cochran (R-Miss.) orchestrated a stunning comeback over primary challenger Chris McDaniel on Tuesday night thanks to an unusual combination of African-American support and GOP establishment might.

Cochran pulled out a narrow victory, taking 51 percent of the vote to McDaniel’s 49 percent when The Associated Press called the neck-and-neck race, with 98 percent of precincts reporting.

His win takes Mississippi off the map for Democrats, who saw an opening in the deep-red state if the controversial McDaniel, a state senator, had nabbed the nomination. They were running former Rep. Travis Childers in case of such a scenario, but now are unlikely to aid the centrist Democrat in his underdog bid with Cochran winning renomination.

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If Cochran’s win guarantees taking “Mississippi off the map for Democrats”, then why did the democrats vote for him? Or is there no difference between the supposed two parties?

David DeGerolamo

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The Progressive Scheme to Get Working Families Working Less

httpv://www.youtube.com/watch?v=WEf8qhBMll4#t=1s

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Welcome to Murphy, North Carolina

912

This great sign from the 9-12 Project of Cherokee County has found a home on Highway 64 in front of a firearms store. Does anyone have to ask why I moved to Murphy?

David DeGerolamo

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Great Art

eagle

Larry Porter makes a large variety of birds from natural products. The above eagle has pine cone feathers and lichen for its “bald head”. If you are interested in having a custom bird, please contact him at ownahome@copper.net.

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Republic of Texas – An Analytical Exercise

Guerrillamerica

A team of intelligence analysts met recently to discuss the cause/effects of the secession of Texas and the official (re)formation of the Republic of Texas.  This is not a formal, finished intelligence product.  The contents of this post resulted from a structured analytical secession, and is not a complete list.  I facilitated and recorded the notes for publication and discussion, so please feel free to share and add your own.  These Key Assumptions merely provide us with starting points to conduct follow-on analysis, preferably using structured analytic techniques.

 Fact-based Key Assumptions:

1. The Texas Legislature was involved in passing the Articles of Secession.

2. The Texas Attorney General vetted and approved the legal basis for secession.

3. The Texas Governor and/or the Lieutenant Governor signed into law the Articles of Secession.

4. Texas secession results in a build-up of immigrants in the states of northern Mexico, likely leading to a worsening humanitarian crisis and an increase in border violence.

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What’s Wrong with this Chart – June 24, 2014?

FOOD

Posted in Editorial, Food | 2 Comments