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Last call: Largest sell-off in stocks since 2008

We all knew this day would come. The stock market has reached completely unrealistic levels, and it was only a matter of time before investors started getting out while the getting is good, which is exactly how most bubbles start to unravel. And now, that very situation is coming to pass.

Earlier today, Jill Carey Hall of Bank of America Merrill Lynch announced that their clients sold $4.1 billion in stocks last week. Coincidentally, this is largest sell-off that they've seen January of 2008. But more importantly, the bulk of these sales have been conducted by what she's calling "institutional investors." In other words, these are some of the biggest stock players, which often include insurance companies, hedge funds, banks, and pension funds. This sudden sell-off was just that. Sudden. According to Jill Carey "After three weeks of net buying, institutional clients' net sales last week were the largest in our data history"

Comment: Financial chaos and collapse may be just around the corner. It would be wise to get your own "financial" house in order.


Magnify

UN peacekeepers in Africa under investigation for sexually abusing underage girls

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© Reuters / Bruno Domingos
A new sexual abuse scandal has engulfed the UN peacekeeping contingent in the Central African Republic after the UN announced that it has opened an investigation and notified troops from contributing countries of the child abuse cases in Bangui.

"If the allegations are substantiated, this would constitute a grave violation of UN principles and of the code of conduct of peacekeepers," spokesperson of the Secretary General, Stephane Dujarric said in New York. "The member-state will be requested to take swift and appropriate punitive action."

According to the UN, countries that have troops in the Central African Republic (CAR) were notified on Monday and now have ten days to report back to UN on their action plans in response to the allegation.

The latest case of sexual abuse by peacekeepers in Bangui was recorded by the UN CAR mission (MINUSCA) last Friday, and involves underage girls. Dujarric did not specify how many girls were involved or the country of origin of the perpetrators.

Comment: The UN peacekeepers seem to be a hotbed for sexual predators, with seemingly very little interest from the UN in stopping such behavior


Control Panel

Ignoring the blatantly obvious

I have a hard time with people not being willing to recognize what's obviously in front of their faces. It's a voluntary mind game people play with themselves to justify whatever it is they think they want. This is massively exacerbated by an array of social engineering tactics, many of which are to create the very mind sets and desires people so adamantly defend.

But that's no excuse for a lack of simple conscious recognition and frankly makes absolutely no sense.

We can't blame these manipulators for everything. Ultimately we all have free choice. Plainly seeing what's right in front of our noses, no matter how well sold or disguised, is our human responsibility. That people would relinquish this innate right and capability totally escapes me.

Comment: Aside from the very low awareness of psychopathy on a societal level, the populace as a whole is firmly stuck within the normalcy bias.

Brainwashing methods designed to promote acceptance of the coming genocide
The Normalcy Bias condition is well known to psychologists and sociologists. It refers to a mental state of denial in which individuals enter into when facing a disaster or pending danger. Normalcy Bias leads people to underestimate and minimize both the possibility of a catastrophe actually happening, as well as its possible consequences to their health and safety.



Arrow Down

Australia - Racial abuse knows no boundaries, and sadly, it is learned

© Screengrab via YouTube
Rachel Muir talks about the racist incident in Melbourne.
Melbourne - Getting to go to a Disney-themed event is every little girl's dream, especially when you get to dress up as your favorite Disney character. Samara Muir, 3, had dressed up as Queen Elsa, from the movie Frozen. But Samara's happy day ended in tears.

Rachel Muir took her three-year-old daughter Samara to a Disney-themed event being held at Watergardens Shopping Center in Taylors Lakes, Australia, last month. The mother and daughter waited in line with many other children and their parents to try out the snow pit.

Maybe it was because the lines were so long, and everyone had been standing there for over two hours, or maybe it was just for no reason at all, but the woman in front of the pair turned around and looked at the Samara and said, "I don't know why you're dressed up for because Queen Elsa isn't black," Rachel Muir told the Courier.

"I asked the woman what she meant by the comment and then one of the woman's young daughters screwed up her face, she pointed at Samara and said "you're black and black is ugly." Rachel said Samara burst into tears and covered her face.

Hiliter

Fox News wants "restraint" after Charleston shooting; Jon Stewart is having none of it for a good reason


The Daily Show's Jon Stewart on Monday called out Fox News on its hypocritical response to the mass shooting of a historic black church in Charleston, South Carolina.

The news network criticized President Barack Obama and others for "taking advantage" of the tragic shooting to advance a narrative regarding gun violence and gun control in the US. "It's almost like a sickness — like, 'Oh, tragedy happens. Let's see how we can advance this narrative,'" Fox News anchor Sean Hannity said.

But Stewart pointed out that Fox News has done the exact same thing when it can take advantage of a tragedy to advance its own political purposes.

"Remind me this past December when two New York City cops were tragically killed during a time when people were protesting police shootings of unarmed black men. Talk to me about the restraint Fox used in not advancing the narrative."

Stormtrooper

Tel Aviv police clash with Ethiopian-Israeli anti-racism protesters - 19 arrested

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© Reuters/Baz Ratner
A protester, who is an Israeli Jew of Ethiopian origin, is detained by policemen during a demonstration against what they say is police racism and brutality in Tel Aviv June 22, 2015.
At least 19 people were arrested after clashes erupted between police and hundreds of Ethiopian Israelis who took to the streets of Tel Aviv to protest against racism and police brutality.

Angered by the recent decision by Attorney General Yehuda Weinstein to close a criminal investigation into a police officer who beat up an Ethiopian Israeli soldier back in April, hundreds of Ethiopian took to the streets to speak up against the police's racist attitudes.

The demonstration that began in the Sarona area of Tel Aviv at 3:00pm, proceeded peacefully to Tel Aviv's centrally-located Rabin Square.

"Violent police should be locked up," they wrote on large placards as they chanted, "We've had enough, we're a new generation."

As about 500 Ethiopian-Israeli protesters made it to the government complex at the main square, they tried to block off the intersection of Ammunition Hill and Menachem Begin, when they were confronted by hundreds of Border Police and riot police that were deployed to the area earlier.

After the crowd ignored orders to clear the area, clashes erupted between protesters and police forces.

Newspaper

My hatred of authority, loathing for pretension, heartlessness and the sense of entitlement of the rich

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© Occupy.com
The following is an excerpt from WAGES OF REBELLION: The Moral Imperative of Revolt.

The public's inability to grasp the pathology of our oligarchic corporate elite makes it difficult to organize effective resistance. Compliant politicians, entertainers, and our vapid, corporate-funded popular culture and news media hold up the elites as leaders to emulate. We are repeatedly assured that through diligence and hard work we can join them. We are taught to equate wealth with success. This narrative keeps us from seeing the truth.

"The rich are different from us," F. Scott Fitzgerald is said to have remarked to Ernest Hemingway, to which Hemingway allegedly replied, "Yes, they have more money."

The exchange, although it never took place, does sum up a wisdom Fitzgerald had that eluded Hemingway. The rich are different. The cocoon of wealth and privilege permits the rich to turn those around them into compliant and expendable workers, hangers-on, servants, and sycophants. Wealth, as Fitzgerald illustrated in his 1925 novel The Great Gatsby - a tome on the depravity of the rich in the giddy world of speculation that would lead to the Depression - as well as his short story "The Rich Boy," which appeared a year later, breeds a class of people for whom human beings are disposable commodities. Colleagues, business partners, clients, associates, shareholders, investors, employees, kitchen staff, servants, gardeners, tutors, personal trainers, even friends and family, bend to the whims of the wealthy or disappear. Once oligarchs achieve unchecked economic and political power, as they have in the United States, the citizens too become disposable. And that, in the eyes of the elite, is what we are.

"Let me tell you about the very rich," Fitzgerald writes in "The Rich Boy." "They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft where we are hard, and cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand. They think, deep in their hearts, that they are better than we are because we had to discover the compensations and refuges of life for ourselves. Even when they enter deep into our world or sink below us, they still think that they are better than we are. They are different."

Comment: The pathological elite are not capable of acting any other way. Until people truly understand that, not much will change. Pick up a copy of Political Ponerology(A Science on the Nature of Evil Adjusted for Political Purposes) by Andrew M. Lobaczewski. The book is essential reading to understanding why we live in a world headed for destruction.

See also:


Sheriff

Baltimore officers charged in Freddie Gray murder plead not guilty

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© Reuters / Baltimore Police Department
Officer Caesar R. Goodson Jr., Officer Edward M. Nero, Officer Garrett E Miller (top L-R), Officer William G. Porter, Lt. Brian W. Rice, Sgt. Alicia D. White (bottom L-R)
The six Baltimore, Maryland police officers charged in the in-custody death of Freddie Gray pleaded not guilty and received their trial date. They will be tried separately, but are all assigned the same judge and trial date.

Two months after the officers involved in arresting the 25-year-old Gray were charged with counts ranging from misconduct in office to second-degree depraved heart murder, all six officers promised to enter written not-guilty pleas by Friday.

Administrative Judge W. Michel Pierson issued what the Baltimore Sun called "an unusual order"canceling the defendants' scheduled arraignments "upon the entry by each defendant of a plea of not guilty." The six officers had been set to be arraigned on July 2.

Judge Barry Williams was assigned the cases "for all further proceedings."


Red Flag

Researchers warn society could collapse by 2040 due to "unprecedented epidemic of food riots"

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© Reuters / Toby Melville
With the global demand for food on the rise, our society could collapse as soon as in 2040 due to fatal food shortages and "unprecedented epidemic of food riots," if counter measures are not taken, researchers have warned.

Food security experts and analysts in the field of the economics of sustainable development were asked to develop the worse-case scenario illustrating a "plausible, relatively-severe production shock affecting multiple agricultural commodities and regions."

According to a report from Lloyds of London prepared with the help of Anglia Ruskin University's Global Sustainability Institute, "the global food system is under chronic pressure to meet an ever-rising demand, and its vulnerability to acute disruptions is compounded by factors such as climate change, water stress, ongoing globalization and heightening political instability."

Researchers say that the food system is becoming "increasingly vulnerable to acute shocks," driven by the world's population growth and shifts in consumption patterns as countries develop. The UN's Food and Agriculture Organization (FAO) projects that global agricultural production will need to more than double by 2050 to close the gap between food supply and demand, the report, supported by UK's Foreign Office says.

Comment: A social and economic collapse could certainly happen sooner than 2040 if the dollar collapses and the U.S. experiences an economic meltdown, like many commentators have been predicting could happen soon:


Stock Down

Collapse: The nine dynamics of decay, the lifestyle of bureaucracy

© translatingmarek.com
More of the same doing more of the same.
When systems are broke and broken, collapse is the only way forward.

It's a big, complex topic because there are as many types of collapse as there are systems. Some systems appear stable on the surface but collapse suddenly; others visibly decay for decades before finally slipping beneath the waves of history, and some go through stages of collapse.

The taxonomy of collapse is broad, and each unsustainable system (i.e. a system that will fail despite claims to the contrary) has its unique characteristics.

Rome didn't fall so much as erode away. That's the template for collapse.

While collapse may be sudden, the decay that generated the collapse had been rotting away the foundation for years or decades. In distilling the vast literature on collapse into nine dynamics, I am drawing upon many other authors' work.*
Here are the nine dynamics of decay that lead to collapse:

1. complacency and intellectual laziness
2. profound political disunity
3. rise of unproductive complexity
4. those bearing the sacrifices opt out/quit
5. decay of effective leadership
6. rise of bread and circuses social welfare and entertainment to distract/placate restive citizenry
7. decline of wealth-producing capacity--status quo living off financial trickery
8. sclerosis--status quo controlled by vested interests
9. resource depletion/environmental damage
All of these dynamics are currently in play around the globe.

Comment: Unfortunately, we can all too well relate to the concepts presented in this combo article. It exemplifies the definition of insanity: doing the same thing over and over again and expecting different results. And, we come closer and closer to implosion every single day.

See also: Collapse, Part 1: Greece