Find The Lowest Price HERE

By Tyler Durden

Yesterday we showed something strange: while oil prices have rebounded from multi-year recent lows, gasoline prices have not only rebounded but have done so with a vengeance, sending retail gasoline at the pump is now back to levels last seen just over a year ago, even as WTI (and Brent) is materially lower. As we concluded, “gas prices are unchanged while oil prices are 25% lower.”

Something did not add up, which prompted some readers to inquire if this was purely a function of higher gasoline taxes. We don’t know the answer, and assume it is a deep secret of America’s refiners, but we did find out what the gasoline motor fuel taxes by state are.

Here is the summary from API:

The nationwide average tax on gasoline is 48.04 cpg, up 0.05 cpg from the January 2016 study. A summary of federal and state excise taxes and other taxes collected on gasoline is shown below. The federal tax on gasoline is 18.40 cpg. The average state gasoline excise tax is 20.88, unchanged from the January 2016 study. Other taxes (such as applicable sales taxes, gross receipts taxes, oil inspection fees, county and local taxes, underground storage tank fees and other miscellaneous environmental fees) were 8.76 cpg, up 0.05 cpg from January. Adding these taxes and fees to the state excise taxes results in a volume-weighted average state and local tax of 29.64 cpg.

The regional breakdown of fuel taxes is as follows:

And here are the gas tax rates, effective as of April 1, in every US state from the highest (Pennsylvania, Washington, and New York), to the lowest (South Carolina, New Jersey – yes NJ has a low tax for something – and Alaska).

…read more

Source: Which US States Have The Highest And Lowest Gasoline Taxes

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Pivotfarm

One Place to Follow All Your Favourite Financial Sites Including ZeroHedge

What do financing your retirement as well as finding affordable healthcare and the possibility of losing your job all have in common with each other? Easy, at least for an American, these days. Those are the top three worries that we wake up to in this country and that 60% of people believe are very much more than just nightmares gone wrong. They could become reality and it would seem that women are more concerned in particular. It’s healthcare that is on everyone’s lips and it’s been like that for years. Americans have become downright insecure since the economic crisis and despite any progress in employment figures or in the Gross Domestic Product of the country, it’s still a major worry that people perceive every day. How to pay for your healthcare in a country where it’s the most expensive in the world? Even if you’re on a middle-income figure and have insurance, you’re still likely to be sitting their wondering and perusing over how to deal with health bills if they have already arrived in your mailbox, or even worse worrying about the unknown and how you’re going to handle them if (or rather when) they get posted to you.

The country remains roughly divided amongst those that are pro-Affordable Care Act and those that think that President Obama got it all wrong by passing that law making an attempt to provide affordable healthcare in the country that spends more money than any other in the world in that sector of activity. There are more and more Republicans that are voicing their opinions to get that law ditched just as soon as Obama closes the little white door in the big Oval Office and does a runner somewhere off to the sun, probably. It’s not surprising that people are genuinely worried in the USA about how they can pay for their healthcare and that of their family.

A survey that was carried out by the Institute for Communitarian Policy Study (George Washington University) shows that “the majority of Americans have a widespread sense of economic insecurity” today.

? 62% of women are worried in the USA about their healthcare expenses.

? 47% of men are also worried about how they are going to pay for the healthcare costs either for themselves or for their families.

? It’s obvious that healthcare is a major concern for Americans these days.

? Today, healthcare spending stands at 17.5% of GDP in the USA.

? Between 2014 and 2015, healthcare expenses grew at a far greater percentage rate than over the past twelve years according to official statistics.

? The average rate of growth in healthcare expenditure …read more

Source: 10 Most Expensive Countries for Healthcare in the World

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

Taking a page from Mario Draghi's economic savior play-book, it appears President Obama's meeting with Janet Yellen was not wasted as he seems to have found the blueprints of his own 'bazooka' and bubble-blowing machine. Perhaps the realization that Trump's success is based on Obama's fiction-peddling, the president has been forced to do “whatever it takes” …

Source: WhiteHouse.gov

…because the only way Democrats beat Trump (given Hillary's losing position among the wealthy, white, and educated) is if there is a new bubble blown that briefly distracts everyone…

Obama was allegedly disappointed that none of the young inventors offered cash-carrying-drones.

…read more

Source: Caption Contest: Obama Unveils New Anti-Trump Weapon

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

Submitted by Mac Slavo via SHTFPlan.com,

Any way you slice it, the Democratic National Convention coming up in Philadelphia in late July promise to be tumultuous.

Though Hillary Clinton and the party insiders long ago expected the 2016 primary to be a formality (which conspicuously few hopefuls in the race), the grassroots voters are feverishly demanding Bernie, and vehemently against the establishment candidate who is widely known for her duplicity and dishonesty.

As California Senator Diane Feinstein makes clear in this short and sweet video below, the establishment fears the riots and backlash that could come from a contested, or at least highly protested, convention as Sen. Sanders vows to continue the fight ‘until the last ballot is cast.’

Instead, she and other figures inside the Democratic party are trying to nudge Sanders into dropping in order to save face and avoid damaging the party’s share in the duopoly of political power.

But regardless of whether Sanders pushes through until convention or not, there will be lots of angry people who remain unsatisfied with another Clinton and more of the same. Tensions have been especially high since the controversial events in Nevada last week, as CNN notes:

The public outpouring of anger began last weekend at the Nevada Democratic Party convention, where Sanders supporters who said Hillary Clinton’s backers had subverted party rules shouted down pro-Clinton speakers and sent threatening messages to state party Chairwoman Roberta Lange after posting her phone number and address on social media.

That led Democratic National Committee Chairwoman Debbie Wasserman Schultz, Senate Minority Leader Harry Reid and other top party leaders to demand an apology and publicly ruminate on the possibility of violence at the Democratic National Convention in July as they prepare for a general election battle with Donald Trump.

Commentators and politicos have also speculated on potential violence unfolding at the Republican National Convention, though that was largely before most of the GOP began to come to terms with Trump as the nominee.

Clearly, the broiling political anger, which has been heating up for years, is one of the major scenarios that riot police and other members of law enforcement have been training for for years. As Paul Joseph Watson reported:

Police advised by FEMA officials how to conduct “mass arrests”

The Department of Homeland Security oversaw a first of its kind three day training exercise in Texas this week during which police officers from fifteen different departments took part in drills on how to deal with riots and conduct mass arrests.

Although the threat of riots is real enough (it happened back in 1968 largely because the Democrats forced unlikable establishment tool Hubert Humphrey as the nominee), it also gives a pretext for larger security budgets, more riot gear and other tools and a rationale for forceful treatment of peaceful protesters exercising their rights.

The American people are angry. There are many reasons, and the shamefully rigged elections have been one of the major outlets for their outrage.

…read more

Source: Democrats Fear Violence At Convention: "Don’t Want To Go Back To ’68 Riots"

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Posted May 19th, 2016 in Uncategorized.

Hawk & Hawker Send Stocks Negative For 2016, Yield Curve Crush Continues

Find The Lowest Price HERE

By Tyler Durden

From uber-doves to ultra-hawks in 3 weeks (and a few hundred Dow points), today's FedSpeak did not rescue stocks as everyone assumed it did as Dudley's Dud dropped risk…

“Sell In May” is working once again…

And while The Dow craped back into green, S&P 500 closed red for 2016…

This week's chaos is more clearly seen in futures with every rip sold and every dip bought…

While the big dump occurred early, it wouldn't be 'Murica if we didn't ramp back maniacally trying to save the S&P from negative territory year-to-date… VIX topped 17.5 at the highs today (2-month highs)

Post-FOMC Minutes, Trannies and Small Caps are the worst performers…

Long Bonds are best since the hawkish minutes struck…

Treasuries were mixed with further weakness in the short-end but modest bid in the 30Y…

Pushing 2s30s even flatter…lowest since Dec 2008 which is not good news for financials..

The USD Index extended post-FOMC Minutes gains but only modestly as Cable remains the week's big winner amid falling Brexit polls…

The modest strength in the dollar pressured most commodities lower but once Europe closed, crude oil was panic bid…

Gold & Silver have tumbled since The FOMC Minutes (but bounced back this afternoon)…

Charts: Bloomberg

Bonus Chart: This won't end well…

…read more

Source: Hawk & Hawker Send Stocks Negative For 2016, Yield Curve Crush Continues

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Posted May 19th, 2016 in Uncategorized.

HBO movie chronicles how Democrats lost the South

Find The Lowest Price HERE

With Bryan Cranston disappearing into the role of President Lyndon Johnson, “All the Way” will more than serve one of HBO’s goals with this sort of prestige movie as grade-A Emmy bait. …read more

Source: HBO movie chronicles how Democrats lost the South

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Posted May 19th, 2016 in Uncategorized.

Kelly fires back at critics over her Trump interview

Find The Lowest Price HERE

Megyn Kelly is going after the critics, including Trevor Noah, who believe that she didn’t go after Donald Trump in her Fox special earlier this week. …read more

Source: Kelly fires back at critics over her Trump interview

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Posted May 19th, 2016 in Uncategorized.

Bank Bail-Ins Pose Risks To Depositors, Investors & Economies

Find The Lowest Price HERE

By GoldCore

Bank Bail-Ins Pose Risks To Depositors, Investors & Economies

Bank bail-ins pose risks to retail investors and especially savers throughout the western world. The new bail-in rules have been made operational since the beginning of this year in the EU and in many other countries yet the risks and ramifications of bail ins have been largely ignored in most of the media.

The Financial Times covers bail-ins today with a focus on the risk to investors while continuing to ignore that posed to savers and depositors including small and medium size enterprises.

From the FT today:

When Ignazio Visco, governor of the Bank of Italy, spoke in Florence this month, his focus turned to regulation of bail-ins.

At a sensitive moment for Italian lenders, whose shares had collapsed over recent months, the governor chose to address what he called “regulatory uncertainty” in the wake of new European wide rules for failing banks.

“We must strike the right balance,” he said. “We should not rule out the possibility of temporary public support in the event of systemic bank crises, when the use of a bail?in is not sufficient.”

Taxpayer support for banks, however, was precisely what the new European rules introduced at the start of this year aimed to avoid. To protect taxpayers, investors in bank bonds — mostly untouched during the bailouts of the last crisis — now face losses, or “bail?ins”.

…

In a March paper, German academics warned of potential retail holdings of “subordinated debt”. The paper argued that existing EU regulation “insufficiently addresses mis-selling of bail-in instruments” and pushed for more clarity on exactly who holds the affected debt.

“Bail-in theoretically is a very nice concept but the legal issues are really very big,” says Martin R Götz, professor at Goethe university Frankfurt and a co-author of the paper. “It’s very important to sort these things out because subordinated debt holders, if they are retail investors, are voters.”

Sorting out the process will involve the familiar interplay between national authorities and European rulemakers intent on harmonising rules.

Alex Birry, a senior director at Standard & Poor’s, the rating agency, says “national conduct authorities need to continue to look closely at how these instruments are sold to retail investors”.

“Will there be tensions between what domestic politicians sometimes want to do and what European regulations allow?” asks Mr Birry. “Yes. That’s probably a price to pay if you want to have a banking union.”

See FT article here

A banking union in the EU is wonderful in concept but in practice is fraught with difficulties and risk. The use of bail-ins and the confiscation of deposits while protecting some tax payers in the short term, will likely destroy consumer and business confidence in the already fragile Eurozone economies and severely impact on the tax take in EU economies in the aftermath of the bail-ins and ensuing recessions or depressions.

Small and medium size businesses are the back bone of European and global economies. The confiscation of their corporate deposits, the very capital they use to fund growth – including …read more

Source: Bank Bail-Ins Pose Risks To Depositors, Investors & Economies

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Posted May 19th, 2016 in Uncategorized.