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Protesters March, Form Highway Blockade At Trump Rally In Arizona – Live Feed

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By Tyler Durden

Fresh off a characteristically controversial performance at a Friday night rally in Utah where the GOP frontrunner questioned whether newfound nemisis and self-styled party elder Mitt Romney is “really a Mormon,” Donald Trump is set to speak in Arizona today and protesters are now blocking traffic on a highway.

As a local ABC affiliate reports:

“Protesters lined the streets of Fountain Hills on Saturday morning to block traffic to the Donald Trump rally.”

Air15 video showed protesters blocking Shea Boulevard with a couple of Maricopa County Sheriff Deputies on scene.

A tow truck was able to move two vehicles but the protestors remained. At one point, a jeep plowed into the protesters. No one appeared to injured.

Anti-Trump demonstrators have also taken to the city streets with the usual collection of signs and banners in a show of outrage against the billionaire. Below, find the live feed.

…read more

Source: Protesters March, Form Highway Blockade At Trump Rally In Arizona – Live Feed

    

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Buyback Blackout Period Starts Monday: Is This The Catalyst That Ends The S&P Rally?

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By Tyler Durden

Last week, one day before the Fed unleashed a statement that stunned Wall Street by its dovishness and admission that the Fed had been far too optimistic on the state of the US (and global) economy, when it slashed its forecast on the number of rate hikes from 4 to 2,

Second, and more important, is that as Bank of America reported earlier this week, in the latest week “during which the S&P 500 climbed 1.1%, BofAML clients were net sellers of US stocks for the seventh consecutive week. Net sales of $3.7bn were the largest since September and led by institutional clients (where net sales by this group were the second-largest in our data history). Hedge funds and private clients were also net sellers, as was the case in each of the prior two weeks, but a different group has led the selling each week. Clients sold stocks across all three size segments, and net sales of mid-caps were notably the largest since June ’09.”

BofA’s summary: “clients don’t believe the rally, continue to sell US stocks” and they were selling specifically to corporations whose repurchasing activity is near all time highs: “buybacks by corporate clients accelerated for the third consecutive week to their highest level in six months, which is also above levels at this time last year.“

Next week this “accelerating” buyback activity ends, and the question will be whether the S&P at a high enough level to give institutional investors comfort that without the buyback bid, in fact the only bid for the past seven weeks, they should now buy on their own, or will the selling, which took place as the market has soared from its recent lows in its biggest quarterly comeback ever…

… continue, only this time with a cheap debt-funded, price indiscriminate buyer on the other side to absorb all the selling. We will have the answer in just about one week’s time.

…read more

Source: Buyback Blackout Period Starts Monday: Is This The Catalyst That Ends The S&P Rally?

    

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50,000 Louisiana college students could lose their scholarships

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Louisiana students are afraid they could lose a scholarship next year that covers a big part of their college costs. A massive state budget shortfall puts the college TOPS scholarships in jeopardy.

…read more

Source: 50,000 Louisiana college students could lose their scholarships

    

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Pope Francis gains 100,000 Instagram followers

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for latest details.

…read more

Source: Pope Francis gains 100,000 Instagram followers

    

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"Are We Sure He’s A Mormon?": Trump Questions "Choke Artist" Romney’s Religious Credentials In Utah Rally

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By Tyler Durden

On March 3, Mitt Romney made a horrible mistake.

He got up in front of a crowd at the University of Utah and lambasted Donald Trump. “If we Republicans choose Donald Trump as our nominee, the prospects for a safe and prosperous future are greatly diminished,” Romney said. “If Donald Trump’s plans were ever implemented, the country would sink into prolonged recession.”

And that was the nice part of the speech.

Romney has thrown his hat – and voice – into the GOP melee as the party becomes more desperate to put the brakes on the Trump freight train. In what will almost certainly turn out to be an ill-fated effort to play party elder, Romney has inserted himself into a battle between Trump and the establishment and in case Mitt didn’t get the message, the establishment is on the ropes.

But Romney has another disadvantage when it comes to trading barbs with Trump. He lost the national election to President Obama in 2012. In other words, he’s a “loser.” And Trump hates losers.

Well, on Friday night, Trump was in Salt Lake City – home to the Church of Jesus Christ of Latter-day Saints’ headquarters – for a characteristically raucous campaign rally that largely consisted of the frontrunner explaining how “great” everyone is, how great he is, and how unbelievably bad he beat the field last Tuesday. But it was Trump’s Mormon comments that stole the show.

Watch below as the billionaire – who appears to think that everyone in Utah is a Mormon – asks the crowd if they know how much he loves Mormons. Next, he calls Romney a “choke artist” before asking whether anyone has actually bothered to verify Romney’s Mormon credentials.

Donald Trump: “I have a lot of friends,… Mitt Romney is not one of them. Are we sure he’s a Mormon?” https://t.co/jP5Pet0Xu6

— CNN Tonight (@CNNTonight) March 19, 2016

And outside of the rally, poilce stood guard and did their best to keep the peace as angry protesters demanded the event be “shut down.”

BREAKING: ugly scene as trump protesters tear down security tent. Officers forcefully pushed back pic.twitter.com/VLEebqVUZA

— Peter Doocy (@pdoocy) March 19, 2016

…read more

Source: "Are We Sure He’s A Mormon?": Trump Questions "Choke Artist" Romney’s Religious Credentials In Utah Rally

    

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Deadly Blast Rips Through Turkey’s Most Popular Tourist Street, CCTV Footage Captures Blast

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By Tyler Durden

For the fourth time this year and the second time in seven days, one of Turkey’s major cities has been hit with a deadly suicide bombing.

Just six days after an explosion ripped through a transit hub in Ankara’s Kizilay neighborhood killing 34 people and wounding more than 100, a bustling shopping street in Istanbul was shaken by a powerful blast on Saturday.

The death toll now stands at 5 and frankly, it probably would have been much, much worse had the blast come later in the day. “The attack took place on Istiklal Caddesi, a pedestrian street that was relatively quiet Saturday morning but is usually thronged with shoppers, strollers and buskers later in the day,” AFP reports. “The street, which adjoins Taksim Square in the European part of the city, was evacuated after the attack.”

The area is extremely popular with tourists. The TAK – the Kurdistan Freedom Falcons – have warned foreigners about supporting the country’s tourism industry which the group says feeds the Erdogan regime.

“Tourism is one of the important sources feeding the dirty and special war, so it is a major target we aim to destroy,” the group said flatly, after last weekend’s bombing which was carried out by a 24-year-old female student and apparent TAK sympathizer named by the group as Seher Cagla Demir. “We warn the foreign and native tourists not to go to the tourist … areas in Turkey.

It wasn’t just the TAK warning tourists. The US embassy in Ankara cautioned American citizens that more attacks could be forthcoming ahead of Kurdish Nevruz.

CCTV caught the moment of Saturday’s blast:

Istanbul terror attack pic.twitter.com/APC3uSnLyt

— Malcolmite (@Malcolmite) March 19, 2016

Authorities say at least three dozen people were injured, seven of which are in critical condition.

Source via @ValkryV pic.twitter.com/EZtjbf5mY7

— Michael Horowitz (@michaelh992) March 19, 2016

The Kurdish New Year (March 21) is expected to be a dangerous time in Turkey. Erdogan has stepped up the military siege on Kurdish enclaves in the southeast and the PKK and TAK have responded in kind. Cities like Cizre have been reduced nearly to rubble and look more like Aleppo than they do like Turkish urban centers. Erdogan is also irate about Syrian Kurds’ move to declare federalism on Turkey’s southern border. Here are images from the aftermath of today’s attack:

And here’s a Google street view, which should give you an idea of what kind of targets are being hit in Turkey.

Expect either the PKK or the TAK to be blamed/claim the attack in fairly short order. This is a self-fulfilling prophecy and it was set in motion intentionally by Erdogan in the wake of last June’s elections. The more Kurdish-linked attacks there are, the more …read more

Source: Deadly Blast Rips Through Turkey’s Most Popular Tourist Street, CCTV Footage Captures Blast

    

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Dramatic Footage Of Flydubai Boeing Crashing On Landing In Russia, Killing Everyone On Board

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By Tyler Durden

A Boeing 737-800 operated by Dubai-based budget carrier Flydubai, flying from Dubai to Russia, crashed yesterday at 0340 local time (0040 GMT) on its second attempt to land at Rostov-on-Don airport on Saturday, Russian officials said. All 62 people on board, most of whom were Russian. were killed.

“The aircraft hit the ground and broke into pieces,” the Investigative Committee of Russia said in a statement on its website. “There were 55 passengers aboard and seven crew members. They all died.” Six of the crew were non-Russians, with LifeNews reporting citizens of Cyprus (captain), Colombia, Kirgizia, Russia, Spain (2) and the Seychelles were among the crew members.

“During the landing approach a Boeing-737 crashed. It had 55 passengers on board. All of them died,” a regional spokesman told TASS. “The plane, according to preliminary data, crashed during the second approach,” the source told Interfax.

Flydubai said in a statement that there were 44 Russians among the 55 passengers, eight Ukrainians, two Indians and one Uzbek. Four children were among the dead.

According to

A view shows the crash site of Flight FZ981

Flydubai’s CEO Ghaith al-Ghaith told a press conference in the Gulf Arab emirate that it was “too early” to determine the cause of the crash. “We will have information about the circumstances of the incident and the black box in the future, and an investigation is being conducted in cooperation with the Russian authorities and we are waiting to see the results,” Ghaith said.

The CEO added that he had no information to indicate that the pilot had issued a distress call and said both the pilot and co-pilot, a Cypriot and a Spaniard respectively, each had over 5,000 hours of flight experience.

As can be seen in the flight map below, the plane was in a mid-air holding pattern for about two hours and the crash occurred more than two hours after the plane, flight number FZ981, was scheduled to land.

Flight radar route of #FZ981 that crashed on landing https://t.co/bfeuoVdREn pic.twitter.com/QFVm3WKyX6

— RT (@RT_com) March 19, 2016

The plane came down inside the airport’s perimeter, about 250 meters (yards) short of the start of the runway. ITs wing hit the ground on its second attempt to land and burst into flames, the Rostov region’s emergency ministry said in a statement.

Dramatic, if grainy, footage from a security camera pointing towards the airport, which were broadcast on Russian television, showed a large explosion at ground level, with flames and sparks leaping high into the air.

According to the Flight Safety Foundation, there was strong wind with a speed of 12 meters per second, with gusts up to 19 meters, but visibility was reasonable. According to RT, flight FZ981 arrived in Rostov-on-Don at about 1:30am, but due to harsh weather conditions, strong side winds gusting at 25-30 meters per second, it spent the next two hours …read more

Source: Dramatic Footage Of Flydubai Boeing Crashing On Landing In Russia, Killing Everyone On Board

    

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Valeant Pharmaceuticals – The Perils of the Debt Acquisition Model (Video)

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By EconMatters

By

Valeant Pharmaceuticals – need a ‘fix it” third party to come in stop the bleeding. Moreover, the current management team is stuck in the deer in headlights mode, and needs to start taking proactive steps to resolve the overhangs that our weighing down investor confidence on the street.

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

…read more

Source: Valeant Pharmaceuticals – The Perils of the Debt Acquisition Model (Video)

    

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The Government Actually Has A Zombie Apocalypse Plan – And It’s Just Been Declassified

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By Tyler Durden

Submitted by Jake Anderson via TheAntiMedia.org,

A few years ago, the Center for Disease Control launched a zombie preparedness initiative that drew significant attention. The Department of Defense followed suit and developed an entire training course intended for the Joint Operational Planning and Execution System (JOPES). The complete response plan, called CONPLAN888, was recently declassified, and it’s just as weird and creepy as you might imagine.

The Black Vault posted two documents retrieved from the NSA using the Freedom of Information Act.

The purpose of the plan, according to the United States Strategic Command (USSTRATCOM), was to use a fictitious scenario to prepare for real-world emergencies.

“[The training focused on how to] undertake military operations to preserve ‘non-zombie’ humans from the threats posed by a zombie horde. Because zombies pose a threat to all ‘non-zombie’ human life (hereafter referred to as ‘humans’), USSTRATCOM will be prepared to preserve the sanctity of human life and conduct operations in support of any human population-including traditional adversaries.”

The objective of the three-fold plan includes the neutralization of zombies through “denial, deception, disruption, degradation or destruction,” though with the exception of ‘destruction,’ it is unclear what is meant by these terms with regard to fighting zombies.

Reading at times like the treatment to a campy science fiction script, CONPLAN888 categorizes eight classes of zombies:

  1. Pathogenic zombies — Zombie life forms created after infection by a viral or bacterial contagion.
  2. Radiation zombies — Zombie life forms created after infection from electromagnetic or particle radiation.
  3. Evil Magic Zombies — Zombie life forms created by occult experimentation, or “evil magic.”
  4. Space Zombies — Zombies that come from space or are created by extraterrestrial toxins (this also includes Zombie Satellites that could pose a threat to SATCOM services like DirecTV)
  5. Weaponized Zombies — Zombie life forms engineered through bio-mechanical technology for the purposes of attacking another nation.
  6. Symbiant-Induced Zombies — Zombie life forms created after the “introduction of a symbiant life form into an otherwise healthy host.”
  7. Vegetarian Zombies — Zombie life forms that cause no threat to humans because they only eat plant life (could nevertheless “cause massive de-forestation or elimination of basic food crops essential to humans [rice, corn, soybeans])”
  8. Chicken Zombies (yes, this is real)— Zombies that are essentially old hens that can no longer lay eggs. Farmers euthanize them with carbon monoxide and stack them in piles; however, some of the hens are still alive and crawl out. Though they ultimately die of organ failure, chicken zombies are “simply terrifying to behold” and are likely only to make people become vegetarians in protest of animal cruelty.

CONPLAN888 consists of multiple striking passages, given this is a government agency assessing a fictitious zombie uprising. More practical factors concern environmental issues such as groundwater contaminated with zombie pathogens.

Other, more ominous notes, include references to the government declaring martial law within the United States. There is also a reference to epidemiologic surveillance for the purposes of …read more

Source: The Government Actually Has A Zombie Apocalypse Plan – And It’s Just Been Declassified

    

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Greek Banks Admit To Charging Customers To Exchange Big Bills For Smaller Ones

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By Tyler Durden

Earlier this month, a reader noticed something rather disturbing. Piraeus Bank seemed to have added a new line item in one of its reports and that new line item appeared to suggest that the bank was set to charge customers for exchanging €500 notes for smaller bills.

And it wasn’t just Piraeus. Other Greek banks looked to be doing something similar.

Now it would be bad enough if this was just another example of banks making up for lost margins by passing ZIRP and NIRP onto customers via fees or if this were simply Greek banks being forced to squeeze a little extra out of their retail business because they are still wholly insolvent. But it’s the timing of these new exchange taxes that raises eyebrows.

Remember, reports began to circulate earlier this year that the ECB was considering doing away with the €500 note. That was distressing news for many Greeks who last year, fearing the troika may one day threaten to essentially confiscate their savings (again), eschewed the bank in favor of the mattress. Obviously, much of that mattress money is denominated in €500 notes – notes which Draghi is now set to phase out.

Upon hearing the news, “many in Greece – especially older people – rushed to deposit the money in their accounts,” eKathimerini wrote last month, adding that “bank officials say depositing the 500-euro notes at a bank is the only way for people to rid themselves of them without losing the money, as it is not possible to exchange them for smaller notes.”

Or at least it wouldn’t be once they’re taken out of circulation, but in the meantime it is possible, and as it turns out, Greek banks are indeed doing precisely what we suspected they were doing: they’re charging to exchange the €500 notes for smaller denominations.

Here’s eKathemirini again:

Banks collect a commission of 1.5 percent on average when changing 500-euro bills for notes of lower denominations, citing the administrative costs of keeping their branches stocked with notes of smaller value.

When exchanging one 500-euro note for smaller bills, the charge is 3-5 euros (depending on the bank), while the maximum charge comes to 200-250 euros regardless of the amount a customer wishes to exchange.

Right. Greek banks need to offset “the administrative costs of keeping their branches stocked with notes of smaller value.” Normally that would translate roughly to this: “we need to offset the administrative costs of being a bank,” but because this is Greece, the banks get to blame the ECB and Brussels:

In response to criticism about the commission they charge, banks counter that the administrative cost of supplying their branches around the country with smaller banknotes is unusually high at present with the capital controls still in place and a 420-euro cap on the weekly amount that …read more

Source: Greek Banks Admit To Charging Customers To Exchange Big Bills For Smaller Ones

    

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