I wrote yesterday about CNN’s proposed “documentary”, basically their contribution to Hillary 2016 for President. The RNC produced it’s own video series to fill in the info gaps CNN will no doubt leave. Part 1 was yesterday, here’s part 2 - Part II: Will the Hillary Films Include the McAuliffe-Rodham Scandals? h/t RedState
"The trooper was circling Garret's home in an unmarked vehicle that morning and waited until Garret was out of earshot of his roomates, away from his home before initiating the shakedown. DiRusso was investigating a bogus claim of 'wiretapping', the alleged videorecording of a public official while they were working on taxpayers' dime. Despite zero probable cause or physical evidence suggesting that the alleged wiretapping ever took place, corrupt district court judge Edward Burke signed the baseless warrant authorizing the legal theft." Continue reading →
"The Associated Press reported on Monday that video from Battalion Chief Mark Johnson’s helmet camera shows a fire truck running over 16-year-old Ye Meng Yuan, who was lying on the ground following the crash. The discovery of the footage led Chief Joanne Hayes-White to expand a 2009 order banning cameras on department grounds to include helmet cameras, citing concerns over firefighters’ safety. 'Why would anybody not want to know the truth?' attorney Anthony Tarricone. told the AP. 'What’s wrong with knowing what happened? What’s wrong with keeping people honest? That’s what the helmet cam did, in effect, in this case.'" Continue reading →
"The London Bullion Market Association said that the daily cleared trading volume on the London market by its members hit a 12-year high of 900 tonnes -- worth $39 billion -- in June on the back of 'strong physical demand particularly from China and India.' At the same time Swiss gold refiners, such as Metalor, Pamp, Valcambi, and Argor-Heraeus, have enjoyed a boom, melting down large 400-ounce bars from London vaults and reprocessing them into smaller products that are preferred by Asian buyers. 'The Swiss are running three or four shifts to keep the refineries going non-stop. They're throwing bodies at it,' said one senior gold trader." Continue reading →
"This is how you get a real decent measure of the standard of living in different countries." Continue reading →
"Faber noted weakness in such sectors as home builders, retailers, airlines and food companies. That made the precious metal a strong play, he added. 'First of all, I have a preference for physical gold, held in a safe deposit box outside the United States, and preferably in Asia, for a variety of reasons,' he said. Faber chided gold bears for missing the precious metal's 1999-to-2011 bull run. Faber also said that he had recently bought stock in Newport Mining, Freeport-McMoRan and Barrick. As a member of their boards, Faber also owned equity in Ivanplats, NovaGold and Turquoise Hill, he added." Continue reading →
"The fresh currency falls also increased pressure on the debt markets. Yields on India's 10-year debt spiked above 9 per cent for the first time since late 2011, while Jakarta's cost of borrowing jumped 18 basis points to the highest level since March 2011. Over the weekend a range of senior figures including Prime Minister Manmohan Singh tried to calm investor fears that the country's mixture of weakening growth and an unsustainable current account gap was pushing India’s economy towards a crisis point. Notably, officials ruled out capital controls on foreign investors." Continue reading →
"After a growth spurt from 2006 to 2011, the country lapsed back into a plodding pace as economic reforms lost steam. India's government, in an effort to narrow the current-account gap, has tried to curb gold imports and announced a plan to buy more of the country's oil from Iran through what is effectively a barter mechanism. On Wednesday, the country reduced the amount of money residents and companies can send abroad, sparking fears of more-draconian measures. The government says these moves aren't a prelude to capital controls and that it doesn't plan to impose restrictions on companies repatriating profits." Continue reading →
"Vegetable prices in India spiked 46.59% in July year over year, another ugly bullet point in the country's persistent struggle with massive food inflation. In particular, the onion — a staple vegetable whose rising prices have dogged ruling parties in the past — saw a particularly dramatic jump. India has already lost hundreds of billions of dollars due to inflation in the past few years. Of course, the country's poor population, which spends the lion's share of income on food, has been hit hardest. India's central bank has cut interest rates three times this year, but lowering it further could further crush the rupee and drive inflation higher, the Journal reported." Continue reading →
"The Indian government recently loosened restrictions on direct foreign investment, expecting a number of major retailers like Walmart and other companies to come rushing in. The companies have instead stayed away, worried not only by the government’s constant policy changes but also by the widespread and endemic corruption in Indian society. Wednesday night, the government announced measures to restrict the amounts that individuals and local companies could invest overseas without seeking approval. It was an astonishing move in a country where a growing number of companies have global operations and ambitions." Continue reading →