Kerry Lutz's--Financial Survival Network

We purchased the new iPhone 6 on Friday. We waited just 25 minutes at Verizon, while hundreds waited hours at the Apple Store. Why? The new iPhone is a major advance, especially for the coming medical applications. And the screen is big and very readable. 

Guess what? The Federal Fracking Study has been completed and the verdict is in, Fracking is good! Any adverse affects that have been realized from Fracked wells have beem caused by defects in the well drilling process, not the Fracking process. A big we told you so on that one. Time for you trolls to fess up and go home. 

Did you hear about the report in Alaska who said eFF it and quit? 

Finally, the EB-5 Visa program which has become a means for wealthy Chinese to obtain green cards, by investing $500k in a new business, now has a two year backlog. But don't worry, where there's a will, there's a lawyer. 

John Rubino writes in his latest column that this bank which is a household name needed to be bailed out last time with trillions in freshly minted fiat dollars. In 2006 when the housing bubble was running out of steam, they doubled down because Wall Street wasn't happy with their results. Now they're at it again. Listen to the intereview and see if you guessed who they are. 

Manipulation Mondays with Andrew Hoffman:

1. Post Labor Day PM smash, and specifically (per the title of today's article, "Cartel Suicide") the insanity of pushing prices this far below the cost of production amidst record demand, plunging inventories, and more oversold conditions than even April 2013.

2.  Last week's news stories

                - FOMC statement, in which "nothing" was said (per my article title).  In fact, far more dovish than even CNBC and Goldman expected - but Fed went all out to push rates back up towards the 2.6% line in sand, and attack PMs

                - Scottish referendum - conclusions, potential ramifications

                - ECB TLTRO first tranche, $100 billion of new, free bank loans

                -"Surprise $80 billion Chinese QE announcement, second in six weeks

                - Collapsing Chinese home price data, Japanese downward revision of economy by perma-bullish BOJ

                -New global currency collapse, amidst "strong dollar" - hyperinflationary fears will be here soon, especially in Japan

3.  Ali Baba, and advanced stage of U.S. equity bubble

                -hedge funds not benefiting, as Calpers/Texas Teachers get rid of them as asset classes

                -public not benefitting, as no one owns stocks

                -record valuations, based on fraudulent accounting

                -record leverage

                -record low interest rates, with worst bond fundamentals EVER