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By Tyler Durden

For the seventh consecutive year, the U.S. remains the only country to use capital punishment in the Americas, carrying out 28 executions in six states. Amnesty claims the reason for the lowest recorded use of the death penalty in the U.S. since 1991 is due to legal and logistical challenges concerning the use of lethal injections. In addition, the number of death sentences imposed in the United States was the lowest since 1977 (clearly, the number of executions recorded doesn’t include the victims of drone strikes abroad, unarmed citizens killed by police, or those who died in custody).

Despite a dramatic rise in the number of people being put to death around the world, there was some good news; Fiji, Madagascar, the Republic of Congo, and Suriname completely abolished the death penalty for all crimes. In addition, Mongolia passed a new criminal code abolishing the death penalty, which will take effect later in 2016.

The report observed:

“Whatever the short-term setbacks, the long-term trend is still clear: the world is moving away from the death penalty. Those countries that still execute need to realize that they are on the wrong side of history and abolish the ultimate cruel and inhuman form of punishment.”

You can read Amnesty International’s full analysis here.

…read more

Source: Taxpayer Money Well Spent? US Among World’s Top Executioners In 2015

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By Tyler Durden

Does anyone really believe this is sustainable?

Chart: Bloomberg

The longer the ‘visible’ hand of stabilization maintains the mirage, the bigger the inevitable collapse. Simply put, anything that can end, will! And in this case, badly…

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Source: WTF Chart Of The Weekend: Down Is The New Up

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Wells Fargo will pay $1.2 billion for hiding bad loans in the years before the subprime mortgage crisis. But the banker behind it will get away without jail time.

…read more

Source: Wells Fargo to pay $1.2B for hiding bad loans

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By Tyler Durden

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

As I wrote on Monday, ever since I started reading about the Panama Papers “leak” something kept rubbing me the wrong way. From the absence of any well known, politically powerful Americans on the list, to the anonymous nature of “John Doe” as whistleblower and the clownish reporting from Soros and USAID affiliated organizations, the whole thing stunk from the start.

The first plausible theory I came across attempting to explain the strangeness of it all was proposed by Craig Murray, and it basically went something like this. The leaker is a real whistleblower, but he placed the information in the wrong hands, therefore the organizations and journalists reporting on the story were not giving us the whole truth. Here’s some of that theory from the post, Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?

Whoever leaked the Mossack Fonseca papers appears motivated by a genuine desire to expose the system that enables the ultra wealthy to hide their massive stashes, often corruptly obtained and all involved in tax avoidance. These Panamanian lawyers hide the wealth of a significant proportion of the 1%, and the massive leak of their documents ought to be a wonderful thing.

The Suddeutsche Zeitung, which received the leak, gives a detailed explanation of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria. The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”

The corporate media – the Guardian and BBC in the UK – have exclusive access to the database which you and I cannot see. They are protecting themselves from even seeing western corporations’ sensitive information by only looking at those documents which are brought up by specific searches such as UN sanctions busters. Never forget the Guardian smashed its copies of the Snowden files on the instruction of MI6.

Initially, this seemed to be a theory worth exploring, but in the following days I’ve come to a far different conclusion. The primary divergence between what I currently believe and what Mr. Murray proposed is that I do not think the leaker was a genuine whistleblower motived by the public interest. I think the leaker was working on behalf of a sophisticated intelligence agency.

The fact that we seem to know nothing about “John Doe” concerns me. Say what you will about Edward Snowden, but he came out …read more

Source: Was The Panama Papers "Leak" A Russian Intelligence Operation?

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By EconMatters

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