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By Tyler Durden

Two days after the shocking Brexit result, the nightmares for the Remain camp – which refuses to accept a democratic reality – will not go away. As a result, it has gotten to the farcical point where disgruntled Remain voters have launched a petition demanding a second EU referendum, having clearly forgotten that it was the dramatically low turnout among their ranks that allowed the Leave vote to have such a knockout victory. To be sure this is a well-known technocrat approach: keep voting and revoting until the desired outcome is finally achieved.

We doubt this particular approach has any hope of success. We also doubt that a call by Labor MP David Lammy, urging for a vote in Parliament to “stop this madness”, the madness in question being the will of the majority, which clearly is not appreciated by a member of a “democratically” elected institution. One can spend all day analyzing the amusing ironies in that statement.

Wake up. We do not have to do this. We can stop this madness through a vote in Parliament. My statement below pic.twitter.com/V8f9Yo1TZd

— David Lammy (@DavidLammy) June 25, 2016

However, while these are merely desperation antics by a group who will do almost anything to hang on to the benefits presented to them by the status quo, regardless of the will of the majority, a curious observation has emerged courtesy of Jim Fitzpatrick, who points out that according to the 28-page government Command Paper laying out “The Process of withdrawing from the European Union“, which goes through the infamous Article 50 of the Treaty on European Union (TEU), the first time in history when Article 50 will be invoked, there may actually be a hurdle to the actual Brexit process, in the form of a Scottish and Northern Irish veto to Britain’s separation from the EU. To wit:

The role of the devolved legislatures in implementing the withdrawal agreement:

We asked Sir David whether he thought the Scottish Parliament would have to give its consent to measures extinguishing the application of EU law in Scotland. He noted that such measures would entail amendment of section 29 of the Scotland Act 1998, which binds the Scottish Parliament to act in a manner compatible with EU law, and he therefore believed that the Scottish Parliament’s consent would be required. He could envisage certain political advantages being drawn from not giving consent.

We note that the European Communities Act is also entrenched in the devolution settlements of Wales and Northern Ireland. Though we have taken no evidence on this specific point, we have no reason to believe that the requirement for legislative consent for its repeal would not apply to all the devolved nations.

To be sure, this is merely an interpretation and not a legalistic prescription. The basis of this opinion is as follows:

In February 2016, the Government published a Command Paper entitled The process for withdrawing from the European Union, the findings of which have …read more

Source: Not So Fast: Scotland And Northern Ireland May Have Brexit Veto Rights

    

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By George Washington

Preface: We’ve previously shown that 9/11 couldn’t have been an inside job, because:

• 9/11 was thoroughly and exhaustively investigated by the 9/11 Commission, Congress and U.S. scientific agencies
  

• No one could have foreseen 9/11

• Government officials didn’t have time to stop the 9/11 attacks, once they realized America was under attack

• It couldn’t have been a conspiracy, because no one could keep such a big conspiracy secret … someone would have talked
  

• Our government wouldn’t do anything like that, and
  

• Our free press would have reported on anything that outrageous

See for yourself.

But many people still believe that the World Trade Center buildings which collapsed on 9/11 were brought down with controlled demolition. This essay shows they can’t possibly be right.

I. No One Could Have Planted Bombs In a Crowded Office Building

Conspiracy theorists don’t realize that no one could have planted bombs in a crowded office building like the Twin Towers.

Admittedly, tightrope walker Philippe Petit snuck into the World Trade Center with a friend in 1974 with massive amounts of equipment, smuggled the equipment to the top floor and rigged up a highwire for his tightrope walking stunt without being detected.

And it’s true that in 1978, the 59-story story Citicorp building was secretly retrofitted at night over the course of several months without the knowledge of tenants, the general public, or the media:

And in 2009, Raw Story noted:

A Government Accountability Office investigator smuggled live bomb components into a federal building in just 27 seconds, then assembled a bomb in a restroom and ventured throughout the building without being detected, a leaked tape revealed Wednesday.

In addition, congressional investigators were able to penetrate every single federal building they probed without any difficulty — 10 in all.

And see this.

And we concede that:

• Bomb-sniffing dogs were inexplicably removed from the Twin Towers five days before 9-11

• The Twin Towers had been evacuated a number of times in the weeks preceding 9/11

• There was a power down in the Twin Towers on the weekend before 9/11, security cameras were shut down, and many workers ran around busily doing things unobserved (confirmed here)

• A tenant of the World Trade Center hired a “sprinkler repairman” shortly before 9/11, and gave him access to 6 underground levels at World Trade Center building 1

• And — while it doesn’t mat — a Bush-linked company ran security at the trade centers, thus giving it free reign to the buildings

The chief electrical engineer who wired the World Trade Centers (Richard Humenn) says that people working on the elevators could have planted explosives:

And mechanical engineer Gordon Ross, in his talk on the destruction of the Twin Towers, pointed out that:

“Those [core] columns which were situated adjacent to and accessible from inside the elevator shafts failed at an early stage of the collapse.

Those columns which were remote from the elevator shafts, and not accessible from the elevator shafts, survived the early stages of the collapse.”*

Indeed, a top demolition expert says that with access to the elevator shaft, a …read more

Source: 4 Reasons the Twin Towers Could NOT Have Been Brought Down With Explosives On 9/11

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By Tyler Durden

Yesterday we said that in the historic fallout and unprecedented confusion over Brexit, so far only one sure winner has emerged – namely Russia, where Vladimir Putin is watching the slow-motion collapse of this latest artifical aggregation of Europen states (a quick search of failed attempts at European integration results in tens of pages of results) with great interest and willingness to pounce at any opportunity – even as all of Europe is a loser, and nobody more so than Germany, whose chancellor Merkel is now watching her legacy go down in flames as first the UK, then France (National Front), Italy (Five Star Movement), Denmark (Danish People’s Party), and Holland (Freedom Party) have all called for either a EU referendum of their own or a renegotiation of their country’s EU membership.

As would be expected, the more worried and desperate Germany gets, the more ridiculous things Germany is apt to say. Case in point is what German Foreign Minister Frank-Walter Steinmeier said earlier today, when he tried to reassure onlookers that the EU would weather the shock of the British vote to leave the union as he convened crisis talks.

Well, one small nuance: Steinmeier wasn’t focusing on the EU, he was far more concerned about Germany and how the one nation that has benefited more than anyone one else from the customers union and the common currency is struggling to keep up appearance that asll is well.

As Steinmeier was heading into a Berlin meeting with his counterparts from the EU’s six founding members, he said the following: “I am confident that these countries can also send a message that we won’t let anyone take Europe from us.”

Or else? Because while “us” was meant to refer to the EU, he really meant Germany.

Steinmeier called the European Union “a successful project of peace and stability” and said that there was a “strong desire” within the bloc to defend and strengthen it. It would appear that tens if not hundreds of millions no longer agree.

The damage control continued when he said that “it is absolutely clear that we are in a situation in which neither hysteria nor paralysis are permissible.” Indeed: which is why central banks, the G7 and the IMF all scrambled to prop up… the world’s markets.

“We must not rush headlong into hectic action, pretending we had all the answers. But we must also not fall into depression or inaction after the British decision.”

But didn’t you have all the answers when you said that a vote for Brexit would assure financial armageddon? Odd how that changed so fast.

As AFP reported earlier, Steinmeier’s French counterpart Jean-Marc Ayrault urged quick negotiations on Britain’s exit from the union, saying that the pressure would be “very strong” on British Prime Minister David Cameron at an EU summit on Tuesday to speed up the process.

Cameron, who on Friday announced his resignation by October in the wake of the referendum, said it should be his successor who leads the complex negotiations …read more

Source: Germany Says "We Won’t Let Anyone Take Europe From Us"

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By EconMatters

By EconMatters

So called “Hedge Funds” who employ no real hedge fund strategies for the majority of their allotted fund capital are really just marketing themselves as Alpha Players to charge the 2 and 20, when based upon performance and trading strategies deserve just the 1.5 to 2% money managing fee of standard money managers.

© EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle

…read more

Source: Hedge Funds which are really Money Managers have become Dumb Money (Video)

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By Tyler Durden

Two days ago, when Britain was set to vote for Brexit, we showed the front pages of the local newspapers which fell into two broad camps and could be summarized as follows: “Project Hope” and “Project Fear.” Project Hope won. And just as we did then, here is a snapshot of the newspaper and tabloid covers the local population will see on its European Independence day.

Neddless to say, the split in public opinion persists and can be best seen in the covers of the ideologically opposed Daily Express and The Mirror.

And the rest

…read more

Source: "See EU Later" – On The Front Covers Of UK Newspapers Today

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for latest details. …read more

Source: Obama: Entrepreneurship has never been more important

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Gamblers bet over $200 million on the result of the Brexit referendum. …read more

Source: For gamblers, Brexit was bigger than the Royal baby

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Review: “Independence Day: Resurgence” fights a losing battle against the twin forces of chaos and sheer silliness. …read more

Source: ‘Independence Day’ sequel fights a losing battle

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By Tyler Durden

Little by little the public is starting to learn more about Hillary Clinton’s time as US Secretary of State, beyond the official narrative . Most recently it was revealed that the State Department disabled its own security software to accommodate emails being sent from Hillary’s private server, and also that Clinton omitted a key email discussing that very topic when turning over records to the State Department.

And now, courtesy of the AP, we learn that the official calendar that Hillary kept as secretary of state did not closely mirror the more detailed records of Clinton’s daily meetings provided by her aides. The detailed schedules were included in files the State Department turned over to the AP after it sued the government in federal court.

When the AP compared Clinton’s 1,500 page official calendar with the detailed planning schedules, what the AP found was stunning. The names of at least 114 outsiders who met with Clinton were missing from her calendar, and at least 75 meetings with longtime political donors, Clinton Foundation contributors and corporate and other outside interests were not recorded or omitted from the official calendar.

Additionally, more than 60 other events listed on the detailed planners were omitted entirely from Clinton’s calendar, noted as “private meetings”, none of which named names of anyone who Clinton met with.

For example, in an entry on Clinton’s schedule in September 2009 didn’t contain the identities of major Wall Street and business leaders who met with Clinton for a private breakfast discussion at the New York Stock Exchange. The meeting occurred minutes before Clinton appeared in public at the exchange to ring the opening bell. However, the detailed planning schedules from the same day listed all of the names that were omitted from the official schedule.

More from AP

Despite the omission, Clinton’s State Department planning schedules from the same day listed the names of all Clinton’s breakfast guests — most of whose firms had lobbied the government and donated to her family’s global charity. The event was closed to the press and merited only a brief mention in her calendar, which omitted all her guests’ names — among them Blackstone Group Chairman Steven Schwarzman, PepsiCo CEO Indra Nooyi and then-New York Bank of Mellon CEO Robert Kelly.

Besides Schwarzman, Nooyi and Kelly, Clinton’s other guests were Fabrizio Freda, CEO of the Estee Lauder Companies Inc.; Howard Schultz, CEO of Starbucks Corp.; Lewis Frankfort, chairman of Coach Inc.; Ellen Kullman, then-CEO of DuPont; David M. Cote, CEO of Honeywell International Inc.; James Tisch, president of Loews Corp.; John D. Wren, CEO of Omnicom Group; then-McGraw Hill Companies chairman Harold McGraw III; and James Taiclet, chairman of the American Tower Corp. Also attending was then-NYSE CEO Duncan Niederauer, who later accompanied Clinton when she rang the stock exchange bell.

Four of the attendees — Schwarzman, Nooyi, Cote and Kullman — headed companies that later donated to Clinton’s pet diplomatic project of that period, the U.S. pavilion at the 2010 Shanghai Expo.

All the firms …read more

Source: Hillary’s Official Calendar Is "Missing" A Lot Of Entries

    

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