Japan prepares for war with China/Thailand/Kiev and Venezuela protests/Syria rockets hit Golan after Israel PM Prime Minister Benjamin Netanyahu makes secret visit and more signs of JESUS’ soon return

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Megachurch Pastors Lead ‘Son of God’ Campaign to ‘Take Over’ Multiplex Theaters Nationwide

Pastors and Christian leaders throughout the U.S. are jumping on board a campaign to spread the Gospel message via the upcoming film “Son of God” by buying out multiplex cinema screens for the day before its public release on Feb. 28. ”Few movies have been able to take over an entire multiplex – every screen, every seat; only blockbusters like ‘Hunger Games.’ But now the religious epic ‘Son of God’ is taking over several multiplexes nationwide on Thursday, February 27, the day before it debuts on 3,000 screens,” say the film’s promoters. As of Monday, multiplexes in at least 10 cities nationwide are playing “Son of God” on all of their screens on the evening of Feb. 27. “It’s very interesting to see this level of excitement around the movie,” stated James Meredith, VP, head of Marketing & Communications for Cinemark. “We’ve already scheduled a few large-scale theatre buyouts for ‘Son of God’ in theatres across the country. The interest level for meetings, events, screenings and buyouts seems to be on par with that of major blockbuster, tentpole or franchise movies.” More

School Shooting Expert Threatened Over Sandy Hook Investigation

The Sandy Hook school shooting was a giant, elaborate hoax and no one really died; that’s the conclusion Wolgang Halbig, a former educator, US Customs agent and Florida state trooper, has reached after ten months of investigation and multiple disputes with federal, state and school authorities. Halbig is convinced a deluge of discrepancies prove that the whole scenario was a scripted event. “..I suspect, in my professional opinion as a consultant and doing this a long, long time, I think it’s a scripted event that took place. I think it was in planning for maybe two, two and a half years,” Halbig said recently in an explosive interview with American Free Press.  Halbig is not your average conspiracy theorist. In fact he’s not one at all. He’s a former educator and law enforcement officer who now contracts out as a national school safety consultant. His job is to help schools prevent incidents like the one that unfolded in Newtown. In order to do that, he needs to know exactly what happened at Sandy Hook. More

Japan is now considering future weapon transfers to other Asian countries as it builds alliances for a potential war with China.  Earlier today in Okinawa, Japanese officials met with representatives from the 10 member states of the Association of Southeast Asian Nations to expand technological and defensive cooperation between the countries. Although Japan and ASEAN discussed joint cooperation in response to natural disasters and anti-terrorism, Japan’s Parliamentary Vice Minister of Defense revealed that the true intent of the meeting was to bolster defense against China’s “unilateral attempts to change the status quo by force.” As part of Japanese Prime Minister Shinzo Abe’s plan to “deepen and enhance cooperation” with ASEAN, a ministry official told Kyodo News that Japan is currently looking to ease its policy on arms exports, a clear indication that the island nation is taking the threat of war with China seriously. More

Bitcoin ATMs coming to the U.S.

Bitcoin, the emerging if still somewhat mysterious digital currency, may be coming soon to a high-tech ATM near you. Kiosks that allow people to buy the virtual coins, or exchange them for cash, will be installed within the next month or so in Seattle and Austin, Texas, according to Robocoin, the Las Vegas-based company that makes the machines. They will be the first such ATMs in the United States. Robocoin has installed machines in Vancouver, British Columbia, with more in Canada, Hong Kong, Europe and Asia in the works. The emergence of public ATMs, the company says, is a step toward making Bitcoin, a currency that’s not backed by a government or bank and has no physical assets to prop up its value, a more comfortable buy for mainstream users outside the Webcentric circles where it currently thrives. ”We think it’s a huge breakthrough when it comes to bringing accessibility to the consumers,” Robocoin CEO Jordan Kelley said. Since its inception in 2009, Bitcoin has fluctuated wildly in value. Currently, a single Bitcoin is worth about $636. That value was as high as $1,000 in December as investors began leaping into the currency. More

Violent clashes have erupted during anti-government protests in Ukraine’s capital, Kiev, with at least nine people, including two policemen, dead. In the worst violence in weeks, police used rubber bullets and stun grenades as thousands of protesters marching on parliament. A deadline set by the security forces for the violence to end has passed with no immediate sign of police action. The clashes came as MPs were due to debate changes to the constitution. The proposals would curb the powers of President Viktor Yanukovych, but the opposition say they were blocked from submitting their draft, meaning no debate could take place. EU foreign policy chief Catherine Ashton said she was “deeply worried” by the escalation of violence, and urged politicians to “address the root causes”. Russia blamed the upsurge in violence on “connivance by Western politicians and European structures” and their refusal to consider the “aggressive actions” of radical factions within the protest movement. More

PA Authority receives Pledged Agreement from U.S for “Palestinian State” by end of 2014

PROPHECY ALERT: The Palestinian Authority received a pledge from the U.S. that by the end of 2014, the Obama administration will issue an official written declaration presenting general highlights of a future Palestinian state, a senior Palestinian negotiator told WND. The negotiator further said the goal is to have the general framework for a deal ironed out by April. The current framework for an Israeli-Palestinian agreement being brokered by Secretary of State John Kerry calls for the phased implementation of more Palestinian sovereignty within three to five years, the negotiator said. As part of the written declaration, the U.S. is set to officially recognize Palestinian rights in eastern sections of Jerusalem, without defining the exact territories that would be eventually handed to the PA. More

DAYS OF LOT – ‘Naked Dating’ Reality Show Gets Greenlight on VH1

VH1 is stripping down for romance. The music-themed cable network has picked up to series Naked Dating, The Hollywood Reporter has learned. The 10-episode dating series hails from Lighthearted Entertainment, the independently owned production company behind unscripted series including Extreme Makeover, The Moment of Truth, Next, 72 Hours and Are You the One? Each episode will feature a man and a woman as they each date two different — and naked — suitors. The series will explore the art of romance — free of preconceived notions, stereotypes and, yes, clothing. At the end of every hour long episode, the two romance-seekers analyze what they’ve learned from their dates — and themselves — before deciding whether to move forward with their potential love matches. A yet-to-be-named host will oversee the series, which will be filmed in a remote exotic locale. The focus will be on examining the honest self and the surprising results that come with that. VH1 says the series will be edited “according to network standards.” More

China Sold Second-Largest Amount Ever Of US Treasurys In December: And Guess Who Comes To The Rescue

While we will have more to say about the disastrous December TIC data shortly, which was released early today, and which showed a dramatic plunge in foreign purchases of US securities in December – the month when the S&P soared to all time highs and when everyone was panicking about the 3% barrier in the 10 Year being breached and resulting in a selloff in Tsy paper – one thing stands out. The chart below shows holdings of Chinese Treasurys (pending revision of course, as the Treasury department is quite fond of adjusting this data series with annual regularity): in a nutshell, Chinese Treasury holdings plunged by the most in two years, after China offloaded some $48 billion in paper, bringing its total to only $1268.9 billion, down from $1316.7 billion, and back to a level last seen in March 2013!  More

BREAKING NEWS: Another JP Morgan Banker Leaps to His Death

dv1319524BREAKING NEWS: Hong Kong man becomes 7th banker to die under mysterious circumstances. Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Chater House headquarters in Hong Kong. Over the past few weeks at least seven bankers have died under mysterious circumstances, including another JP Morgan senior manager who jumped off the top of a skyscraper in London last month. Speculation is rife that the series of deaths are connected to some kind of looming financial crisis or a huge legal case targeting bankers for malfeasance, although no definite link has been established. Eyewitnesses said that the man, who was in his 30′s, accessed the roof of the 30 story office tower and jumped, with police on the scene failing to talk him out of committing suicide. Chater House is JP Morgan’s main regional Asian office. “According to several JP Morgan employees, the man was a forex trader with the company,” reports the South China Morning Post, adding that his surname was Lee. The bank itself refused to confirm that the man was an employee. Lee becomes the 7th banker to suddenly die in recent weeks. Questions as to whether the deaths are merely a coincidence or are linked to some as yet unknown factor continue to swirl. More

‘Bible’ Producers Cut Satan Scenes From ‘Son of God’ Following Obama Controversy

Scenes with an actor who played the devil but looked a lot like President Barack Obama have been edited out of the upcoming movie Son of God, one of the producers told The Hollywood Reporter. ”It gives me great pleasure to tell you that the devil is on the cutting-room floor. This is now a movie about Jesus, the son of God, and the devil gets no more screen time,” said Roma Downey, who produced the movie with her husband, Mark Burnett.  The film, which 20th Century Fox opens on Feb. 28, is primarily a reshaped version of the The Bible, last year’s hit TV miniseries that featured actor Mohamen Mehdi Ouazanni as Satan. For Son of God, the 10-hour miniseries needed to be cut down to the two hours or so that focuses on Jesus; Downey says they went out of their way to leave the controversial Satan out of the film. A year ago, bloggers immediately noted the similarities between the Satan of The Bible miniseries and Obama and side-by-side comparisons went viral. Burnett, Downey and History, which aired the show, each issued statements supporting the president and slamming those that made the “false connection,” as History put it, between Obama and Satan. More

An Iranian hack of the Navy’s largest unclassified computer network reportedly took more than four months to resolve, raising concern among some lawmakers about security gaps exposed by the attack.  The Wall Street Journal, citing current and former U.S. officials, reported late Monday that the cyberattack targeted the Navy Marine Corps Internet, which is used by the Navy Department to host websites, store nonsensitive information, and handle voice, video, and data communications.  The paper reported that the hackers were able to remain in the network until this past November. That contradicts what officials told the Journal when the attack was first publicly reported this past September. At the time, officials told the paper that the intruders had been removed. “It was a real big deal,” a senior U.S. official told the Journal. “It was a significant penetration that showed a weakness in the system.” The quoted official said that the Iranians were able to conduct surveillance and compromise communications over the unclassified computer networks of the Navy and Marine Corps. However, another senior official told the Journal that no e-mail accounts were hacked and no data was stolen. There is also no evidence that Iran was able to penetrate classified U.S. computer networks. More

New Jersey running out of Salt.

140205-weather-makely-2p_003572515b3f61f194bf8f467e5cc780The salt shortage persists in New Jersey. Officials have failed to get permission for a barge with 40 tons of salt to set sail for the tristate region Angel Morales, a resident of Jersey City says her car just won’t go anywhere. “Look, you see I went up and I started sliding back,” she said. N.J. officials were hoping a barge with 40 tons of salt would arrive from Maine. But the vessel wasn’t flying the American flag and officials couldn’t get clearance from Homeland Security to come to the Port of Newark. The problem is because of the 1920 federal Maritime Act. It prevents foreign vessels from moving cargo from one U.S. port to another. It was designed to protect the U.S. shipping industry from foreign competition. The barge sailed empty, leaving the salt in Maine. Now municipalities are counting on smaller shipments from suppliers. Jersey City Mayor Steve Fulop says he’s been waiting for salt for two weeks. More

An asteroid estimated to be the size of three football fields whizzed close to Earth on Monday, roughly a year after one exploded over Russia and injured 1,200 people.  Slooh Space Camera tracked the approach of the asteroid as it raced past the planet at about 27,000 mph (43,000 kmph), starting at 9 p.m. EST (2 a.m. GMT, Feb. 18), the robotic telescope service said in a statement on Slooh.com.  The Dubai Astronomy Group provided Slooh photos of the part of the sky where the rock was expected to be seen, but its motion could not be picked out immediately in a live webcast against the backdrop of night-time stars.  The 295-yard (270-m) asteroid was streaking past Earth at a distance of about 2.1 million miles (3.4 million km) little more than a year after another asteroid exploded on Feb. 15, 2013, over Chelyabinsk, Russia. That asteroid injured 1,200 people following a massive shock wave that shattered windows and damaged buildings.  Chelyabinsk region officials had wanted to mark the anniversary by giving a piece of the meteorite to each 2014 Winter Olympic athlete who won a medal on Saturday at the Sochi Games. However, the International Olympic Committee at the last minute said it could be done only after the games and separately. More

Americans completely reliant on China for antibiotics

The United States is nearly completely reliant on China for its supply of lifesaving antibiotics. “The crucial ingredients for nearly all antibiotics, steroids and many other lifesaving drugs are now made exclusively in China,” The New York Times reported in the 32nd paragraph of a Friday article entitled “Medicines made in India set off safety worries.” Indeed, 2014 marks the tenth anniversary of Bristol-Myers Squibb — the last American plant that manufactured the key ingredients for penicillin and other drugs — shuttering it’s upstate New York factory. “Like other manufacturing operations, drug plants have been moving to Asia because labor, construction, regulatory and environmental costs are lower there,” the Times reported in 2009. As China has grown economically, it has also grown more bellicose. An October Washington Free Beacon article highlighted the Chinese military’s “political warfare against the United States,” including “funding pro-China activities abroad, recruiting intelligence sources, spreading propaganda, engaging in media activities, funding front groups that promote Chinese strategy and goals and supporting perceived ‘friends’ of China.” More

North Korea’s Kim Jong-un forced mothers to drown newborn babies

North Korea forces women to undergo abortions and young mothers to drown their newborn babies, and has starved and executed hundreds of thousands of detainees at secret prison camps — atrocities that the chairman of a U.N. panel that documented the abuses compares to those of Nazi Germany. “The gravity, scale and nature of these violations reveal a state that does not have any parallel in the contemporary world,” the U.N. Commission on Inquiry said in a 372-page report released Monday on North Korea’s atrocities. These crimes are ongoing because “the policies, institutions and patterns of impunity that lie at their heart remain in place.”   In an unprecedented act, commission Chairman Michael Kirby wrote to North Korean leader Kim Jong-un warning that he could be tried for crimes against humanity at the International Criminal Court in The Hague. At the State Department, spokeswoman Marie Harf said the Obama administration “strongly” welcomed the report. She said it “provides compelling evidence of widespread, systematic, and grave human rights violations” by the North. “The report reflects the international community’s consensus view that the human rights situation in the [North] is among the world’s worst,” Ms. Harf said. More

California State Long Beach professor tracks radioactive kelp

Anyone wondering about radiation found in kelp along the West Coast can check out the latest details on a new website. Steve Manley, a biology professor at Cal State Long Beach, just launched Kelp Watch 2014 at kelpwatch.berkeley.edu. The site will update readers on how much radiation is found in kelp growing in the waters off California, Oregon, Washington, Alaska and British Columbia. The website will be updated as data come in. The kelp is expected to show cesium levels starting as early as this summer, which is when radioactive seawater contaminated by the tsunami- and earthquake-damaged Fukushima nuclear power plant in Japan is expected to hit beaches from Mexico to Alaska. Manley has launched his scientific study with help from more than 30 universities and labs on the West Coast and in Hawaii, Guam, Mexico and Chile. In all, 42 sites will be sampled, including 32 in California waters, three times this year. The project recently received funding from USC’s Sea Grant Program and California State University’s Council on Ocean Affairs, Science and Technology. The first kelp sample was taken Feb. 5 from Bodega Bay in Northern California. More

Obama calls homosexuality one of our ‘fundamental freedoms’ in statement slamming Ugandan bill

President Barack Obama has elevated the right to have sex with a member of the same sex to the level of universal “fundamental freedoms” in a new presidential statement criticizing Uganda. But critics say his promotion of homosexuality in a continent that overwhelmingly opposes that behavior amounts to a form of liberal “cultural imperialism.” Obama wrote on Sunday that he opposed a proposed bill in Uganda that would criminalize same-sex “marriages” and impose life imprisonment for repeated homosexual acts, among other provisions, because “as a country and a people, the United States has consistently stood for the protection of fundamental freedoms and universal human rights.”  Obama said the bill represents “a serious setback for all those around the world who share a commitment to freedom, justice, and equal rights.” He added that he had “conveyed” the message that “enacting this legislation will complicate our valued relationship with Uganda.” His reaction came after Ugandan President Yoweri Museveni said last Friday that, after nearly two months deliberation, he would sign legislation that makes conducting a same-sex “wedding” punishable with seven years in prison. Infecting others with AIDS, having sex with minors, or repeated homosexual acts may earn life imprisonment. An earlier version of the bill called for the death penalty, but the provision was removed. More

‘Bizarre’ Cluster of Severe Birth Defects Haunts Health Experts in Washington State

140210-birth-defect-cluster-main_fd0110563863025f2c556f2fec9fbe0b.nbcnews-fp-720-440A mysterious cluster of severe birth defects in rural Washington state is confounding health experts, who say they can find no cause, even as reports of new cases continue to climb.  Federal and state officials won’t say how many women in a three-county area near Yakima, Wash., have had babies with anencephaly, a heart-breaking condition in which they’re born missing parts of the brain or skull. And they admit they haven’t interviewed any of the women in question, or told the mothers there’s a potentially widespread problem. But as of January 2013, officials with the Washington state health department and the Centers for Disease Control and Prevention had counted nearly two dozen cases in three years, a rate four times the national average. Since then, one local genetic counselor, Susie Ball of the Central Washington Genetics Program at Yakima Valley Memorial Hospital, says she has reported “eight or nine” additional cases of anencephaly and spina bifida, another birth defect in which the neural tube, which forms the brain and spine, fails to close properly. “It does strike me as a lot,” says Ball. And at least one Yakima mother whose baby is part of the cluster says no one told her there was a problem at all. “I had no idea,” said Andrea Jackman, 30, whose blue-eyed daughter, Olivia, was born in September with the most severe form of spina bifida. “I honestly was really surprised that nobody had said anything. If my doctor hadn’t wanted us to see the geneticist, I wouldn’t have known.” More

Russia to Set Up Arctic Military Command by 2015

Russia will form a new strategic military command by the end of 2014 to protect its interests in the Arctic, a high-ranking military source told RIA Novosti Monday. “The new command will comprise the Northern Fleet, Arctic warfare brigades, air force and air defense units as well as additional administrative structures,” the source in Russia’s General Staff said. The military structure, dubbed the Northern Fleet-Unified Strategic Command, will be responsible for protecting Russia’s Arctic shipping and fishing, oil and gas fields on the Arctic shelf, and the country’s national borders in the north, the source said. Russian President Vladimir Putin ordered the military in December to boost its presence in the Arctic and complete the development of military infrastructure in the region in 2014.  The military has already begun deployment of aerospace defense units in the Arctic and construction of an early warning missile radar in Russia’s extreme north, according to the commander of the Aerospace Defense Forces, Maj. Gen. Alexander Golovko. More

Iran and U.S. agree final nuclear deal may be unreachable

Iraqi women walk towards a poster depicting images of Shi'ite Iran's Supreme Leader Ayatollah Ali Khamenei at al-Firdous Square in BaghdadThe United States and long-time arch-foe Iran agree on at least one thing ahead of Tuesday’s negotiations on a long-term nuclear deal – reaching an agreement will be very difficult, if not impossible. Iran’s Supreme Leader Ayatollah Ali Khamenei, the man who has the final say on all matters of state in the Islamic Republic, declared again on Monday that talks between Tehran and six world powers “will not lead anywhere. Hours later a senior U.S. administration official also played down expectations, telling reporters in the Austrian capital that it will be a “complicated, difficult and lengthy process” and “probably as likely that we won’t get an agreement as it is that we will. Their remarks came on the eve of the first round of high-level negotiations since an interim deal was struck on November 24 under which Tehran curbed some nuclear activities for six months in return for limited sanctions relief to allow time for a long-term agreement to be hammered out. More

The Chinese And Japanese Economies Are Delinking: Prelude To Conflict?

EastChinaSeaTerritorialDisputeChinavs.Japan_5Japan issued 79,000 group tourist visas to Mainland Chinese last month.  That’s on top of more than 30,000 individual visas.  The total was ten times the number issued in January 2013. Are cashed-up Chinese the answer to the region’s worsening geopolitical tensions?  Hong Kong’s South China Morning Post thinks they just might be.  Yesterday, the paper issued an editorial entitled “Increase in Tourism Can Help Heal Sino-Japan Rift.” That seems like a stretch, but East Asia could use any good news these days.  China is unnerving the region as it tries, among other things, to seize neighboring territory and incorporate surrounding seas.  In late November, Beijing declared its East China Sea Air Defense Identification Zone, which infringes on accepted notions of freedom of navigation and seeks to control the airspace of Japan and South Korea.  Moreover, China issued rules, effective the first of this year, purporting to exercise sovereignty over international water in the South China Sea.  And to top that off, Chinese General Liu Yazhou at the beginning of the year publicly urged his country to engage in armed conflict to grab territory from neighbors. More

Obamacare to destroy 2 million jobs in America, says government budget office

101388616-463067855.600x400If you like your job, you might not be able to keep it under Obamacare. Following reports that millions of full-time employees have already been laid off or relegated to part-time status as a result of the so-called “Affordable Care Act” (ACA) being declared law, the Congressional Budget Office (CBO) now estimates that the equivalent of another 2 million full-time workers will probably be eliminated from the labor market within the next three years in exchange for government healthcare. The CBO maintains that most of these cuts will be voluntary in nature, with an increasing number of taxpayers simply deciding to opt out of the workforce altogether rather than pay higher taxes for fewer benefits. Essentially incentivized volunteerism, this next mass exodus from the workforce will represent workers for whom it makes more sense to just stop working and maximize their Obamacare coverage rather than continue working at a lesser rate and still be forced to pay for healthcare. As it turns out, this vast expansion of insurance coverage under Obamacare is causing a vast shrinkage in employment and overall employment stability. It began with many small companies having to directly cut employees in response to rising premiums and coverage mandates and continued with employees being self-driven out of the workforce due to government-imposed incentives that encourage them not to work. More

Chase Imposes New Capital Controls on Cash Deposits

170214chaseJPMorgan Chase has irked its customers by imposing new capital controls that mandate identification for cash deposits and ban cash being deposited into another person’s account.   Air Force veteran Kristen Meghan received a letter from Chase informing her of “changes in how we accept cash deposits.” “When making a cash deposit please; be ready to show a valid ID – deposit only into accounts that list your name,” states the letter. The move is another example of how banks are becoming increasingly invasive and restrictive with how they treat their customers, while crypto-currency alternatives like Bitcoin offer total anonymity. According to Meghan, when she asked a Chase bank teller why cash deposits couldn’t be made into another person’s account, she was told that the new regulation was imposed by government

SCHLAFLY: AMERICA MUST STOP ‘DICTATORIAL OBAMA’

Obama36The woman who vanquished the Equal Rights Amendment more than a generation ago is now focused on stopping what she considers amnesty for people in the country illegally, who will never vote Republican and often don’t respect America’s founding principles. Eagle Forum Founder Phyllis Schlafly is also disgusted by the recent spate of federal judges striking down voter-approved laws and state constitutional amendments that define marriage only as the union of one man and one woman. She told Radio America that the American people must “stop this dictatorial attitude of Obama” and the judges “who think they can do anything they want.” On the issue of immigration, Schlafly compiled the results from a number of recent independent polls on her EagleForum.org website. She said the consistent results are proof positive that making illegal immigrants U.S. citizens will lead to greater advancement of the liberal agenda. More

US diplomats given 48 hours to leave Venezuela

maduroVenezuela has given three American diplomats from the US Embassy in Caracas 48 hours to exit the country after President Nicolas Maduro leveled accusations of conspiracy and meeting with students to incite anti-government sentiment. Following days of opposition protests, three unnamed diplomats were declared persona non grata by Maduro during a televised address on Sunday night. On Monday Venezuela’s Minister of Foreign Affairs Elias Jaua announced that the US diplomats in question were vice consuls Breann Marie McCusker and Jeffrey Elsen, and Kristofer Lee Clark, who holds the rank of second secretary at the US consulate. Jaua said during a press conference that the three officials had assisted “groups that seek to generate violence in the country,” and that they had 48 hours to leave. As evidence, Jaua cited email correspondence from US embassy officials in recent years that supposedly call for funding from Washington to support Venezuelan student groups, AP reported. More

Food stamp use among troops skyrockets during Obama admin

Commissary-e1392655643310Food stamp redemption at military grocery stores, or commissaries, has nearly doubled since the beginning of the “Great Recession,” topping out at $103.6 million in fiscal 2013, from $31.1 million in 2008. While the amount of Supplemental Nutrition Assistance Program benefits, or food stamps, have soared over the past five years, the rate of increase has slowed, according to data from the Defense Commissary Agency and published by CNN Money Monday. From FY 2009 to FY 2010 the level of spending jumped from $52.9 million to $72.8 million; from FY 2010 to FY 2011 the amount of SNAP benefits redeemed increased from $72.8 million to $87.8 million; from FY 2011 to FY 2012 it increased from $87.8 million to $98.8 million; and from FY 2012 to FY 2013 from $98.8 million to $103.6 million. More

Boston To Be Blanketed By Snow For 9th Time In 16 Days…

map1a4It won’t be a blizzard.  It won’t be a nor’easter.  There will be no talk of bombogenesis.  So what will it be? A little frosting on our snowy landscape and a pain in the neck for commuters Tuesday evening.  Yet another snow storm is coming, and while this one isn’t very large, it will pack a quick little punch on Tuesday afternoon, hitting southern New England square in the face. This has been a snowy month for sure. In fact, snow has fallen on 9 of the first 16 days this month, accumulating up to 20 inches in Boston already with still a ways to go. In an average February, we see about a foot of snow, so we are already well above the norm and rising. So, once again, let’s take you through inch-by-inch on Tuesday.  The first flakes may fly as early as mid-morning on Tuesday with some weather models indicating a light wind off the water producing some very light flurries near the coastline. The steady snow will arrive late in the morning in western and central Massachusetts and around noon – 1 p.m. in eastern Massachusetts. The snow will be steady and heavy at times in the afternoon. More

Fast-Moving Storm Creates Whiteout Conditions in Chicago.

590x366_02171543_screen-shot-2014-02-17-at-10.43.06-amA storm system is quickly dumping heavy snow and ice along parts of the Midwest and Great Lakes region. This system will continue to push to the east and will impact the mid-Atlantic and New England on Tuesday. Nearly 1,550 flights were canceled nationally Monday, mainly out of the Chicago O’Hare and Midway airports, St. Louis and Minneapolis St. Paul. Airway and roadway travel will remain concerns in throughout the mid-Atlantic and Northeast as snow and ice will make for slick conditions. Up to 6 inches of snow are possible for many major cities, including Detroit and Pittsburgh. As of Monday evening, Chicago received an average of 4 to 5 inches, however some regions around the city had one or two more. More

A curious finding emerged in the latest 13F by Soros Fund Management, the family office investment vehicle managing the personal wealth of George Soros. Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital’s Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn’s holdings confidentiality). The second one is that the “Soros put”, a legacy hedge position that the 83-year old has been rolling over every quarter since 2010, just rose to a record $1.3 billion or the notional equivalent of some 7.09 million SPY-equivalent shares. Since this was an increase of 154% Q/Q this has some people concerned that the author of ‘reflexivity’ and the founder of “open societies” may be anticipating some major market downside. Then again, as the chart below shows, as a percentage of total AUM, the put position rose to 11.1% of his notional holdings. By way of reference, as of June 30 2013, his SPY put may have had a smaller notional value, but it represented both more shares (7.8 million), and was far greater as a % of AUM, at 13.5%. More

Harvest army
PAUL BEGLEY

Thai protests end in violence and deaths

Ukraine protest camp ablaze as police move in

Dahboo77

Kansas, Tennessee introduce bills to legalize anti-gay discrimination

ALERT: U.S. has accepted country’s nuclear enrichment program.

Syria rockets hit Golan after Israel PM Prime Minister Benjamin Netanyahu makes secret visit

Strange Iran, Israel Aircraft Activity: U.S. Has Accepted Country’s Nuclear Enrichment.

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